$USAP
UNIVERSAL STAINLESS & ALLOY PRODUCTS INC

2023 Q4 Form 10-Q Financial Statement

#000143774923030379 Filed on November 06, 2023

View on sec.gov

Income Statement

Concept 2023 Q4 2023 Q3 2022 Q4
Revenue $79.78M $71.28M $56.20M
YoY Change 41.96% 54.31% 30.02%
Cost Of Revenue $66.67M $60.42M $53.78M
YoY Change 23.96% 39.81% 36.24%
Gross Profit $13.11M $10.86M $2.417M
YoY Change 442.33% 264.64% -35.51%
Gross Profit Margin 16.43% 15.23% 4.3%
Selling, General & Admin $8.304M $6.449M $5.575M
YoY Change 48.95% 22.16% 14.92%
% of Gross Profit 63.35% 59.39% 230.66%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $5.103M $4.690M $4.858M
YoY Change 5.04% -2.82% -0.47%
% of Gross Profit 38.93% 43.19% 200.99%
Operating Expenses $8.304M $6.449M $5.575M
YoY Change 48.95% 22.16% 14.92%
Operating Profit $4.804M $4.410M -$3.158M
YoY Change -252.12% -291.66% 186.31%
Interest Expense -$2.199M $2.138M -$1.588M
YoY Change 38.48% 75.1% 150.87%
% of Operating Profit -45.77% 48.48%
Other Income/Expense, Net -$29.00K -$42.00K $59.00K
YoY Change -149.15% -107.01% -87.63%
Pretax Income $2.576M $2.230M -$4.687M
YoY Change -154.96% -176.29% 272.28%
Income Tax -$21.00K $300.0K -$963.0K
% Of Pretax Income -0.82% 13.45%
Net Earnings $2.597M $1.930M -$3.724M
YoY Change -169.74% -248.8% 129.03%
Net Earnings / Revenue 3.26% 2.71% -6.63%
Basic Earnings Per Share $0.21
Diluted Earnings Per Share $0.28 $0.20 -$414.6K
COMMON SHARES
Basic Shares Outstanding 9.088M 9.087M 8.978M
Diluted Shares Outstanding 9.428B

Balance Sheet

Concept 2023 Q4 2023 Q3 2022 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $394.0K $200.0K $2.019M
YoY Change -80.49% 203.03% 1611.02%
Cash & Equivalents $394.0K $177.0K $2.019M
Short-Term Investments
Other Short-Term Assets $11.69M $8.621M $10.39M
YoY Change 12.52% -15.74% 21.3%
Inventory $144.7M $150.8M $154.2M
Prepaid Expenses
Receivables $39.03M $36.98M $30.96M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $195.8M $196.5M $197.6M
YoY Change -0.88% 2.2% 15.83%
LONG-TERM ASSETS
Property, Plant & Equipment $159.8M $158.9M $163.5M
YoY Change -2.23% -0.4% 2.72%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $1.033M $1.602M $2.280M
YoY Change -54.69% 86.28% 150.83%
Total Long-Term Assets $160.9M $160.5M $165.8M
YoY Change -2.96% 0.06% 3.56%
TOTAL ASSETS
Total Short-Term Assets $195.8M $196.5M $197.6M
Total Long-Term Assets $160.9M $160.5M $165.8M
Total Assets $356.7M $357.0M $363.3M
YoY Change -1.83% 1.23% 9.89%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $34.86M $35.10M $38.18M
YoY Change -8.71% 5.28% 59.08%
Accrued Expenses $6.660M $5.300M $2.790M
YoY Change 138.71% 33.57% -39.52%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $3.733M $3.700M $3.419M
YoY Change 9.18% 54.68% 42.93%
Total Short-Term Liabilities $45.91M $44.92M $45.50M
YoY Change 0.9% 9.79% 43.81%
LONG-TERM LIABILITIES
Long-Term Debt $81.85M $85.80M $95.02M
YoY Change -13.86% 1.91% 42.13%
Other Long-Term Liabilities $2.891M $3.053M $3.066M
YoY Change -5.71% -4.77% -8.75%
Total Long-Term Liabilities $84.74M $3.053M $98.08M
YoY Change -13.61% -4.77% 2819.08%
TOTAL LIABILITIES
Total Short-Term Liabilities $45.91M $44.92M $45.50M
Total Long-Term Liabilities $84.74M $3.053M $98.08M
Total Liabilities $130.6M $134.0M $143.6M
YoY Change -9.01% 3.71% 37.65%
SHAREHOLDERS EQUITY
Retained Earnings $127.5M $124.9M $122.6M
YoY Change 4.0% -1.12% -6.18%
Common Stock $9.000K $98.10M $97.01M
YoY Change -99.99% 1.49% 1.48%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $226.0M $223.0M $219.8M
YoY Change
Total Liabilities & Shareholders Equity $356.7M $357.0M $363.3M
YoY Change -1.83% 1.23% 9.89%

Cashflow Statement

Concept 2023 Q4 2023 Q3 2022 Q4
OPERATING ACTIVITIES
Net Income $2.597M $1.930M -$3.724M
YoY Change -169.74% -248.8% 129.03%
Depreciation, Depletion And Amortization $5.103M $4.690M $4.858M
YoY Change 5.04% -2.82% -0.47%
Cash From Operating Activities $7.381M $6.670M -$2.624M
YoY Change -381.29% 147.22% -79.97%
INVESTING ACTIVITIES
Capital Expenditures $3.366M $2.730M -$1.122M
YoY Change -400.0% -149.71% -75.56%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$3.366M -$2.730M -$1.122M
YoY Change 200.0% -50.29% -75.56%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -3.800M -3.810M 5.699M
YoY Change -166.68% -249.71% -67.85%
NET CHANGE
Cash From Operating Activities 7.381M 6.670M -2.624M
Cash From Investing Activities -3.366M -2.730M -1.122M
Cash From Financing Activities -3.800M -3.810M 5.699M
Net Change In Cash 215.0K 130.0K 1.953M
YoY Change -88.99% -152.21% 4907.69%
FREE CASH FLOW
Cash From Operating Activities $7.381M $6.670M -$2.624M
Capital Expenditures $3.366M $2.730M -$1.122M
Free Cash Flow $4.015M $3.940M -$1.502M
YoY Change -367.31% -51.89% -82.34%

Facts In Submission

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us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-10974000 usd
us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
151929000 usd
us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
102098000 usd
us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
159383000 usd
us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
83260000 usd
us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans
82000 usd
us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans
62000 usd
us-gaap Repayments Of Other Debt
RepaymentsOfOtherDebt
2660000 usd
us-gaap Repayments Of Other Debt
RepaymentsOfOtherDebt
1666000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-10032000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
17234000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-1842000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-52000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
2019000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
118000 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
177000 usd
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
66000 usd
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
1386000 usd
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
3013000 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
1930000 usd
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
-1297000 usd
us-gaap Net Income Loss
NetIncomeLoss
2313000 usd
us-gaap Net Income Loss
NetIncomeLoss
-4349000 usd
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
9087465000
CY2022Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
8975331000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
9069926000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
8960830000
CY2023Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
340044000
CY2022Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
221056000
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
9427509000
CY2022Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
8975331000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
9290982000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
8960830000
CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.21
CY2022Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.14
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.26
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.49
CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.2
CY2022Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.14
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.25
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.49
CY2023Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
419550
CY2022Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
719875
CY2023Q3 usap Antidilutive Securities Excluded From Computation Of Earnings Per Share Weighted Average Price
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareWeightedAveragePrice
22.11
CY2022Q3 usap Antidilutive Securities Excluded From Computation Of Earnings Per Share Weighted Average Price
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareWeightedAveragePrice
18.48
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
532150
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
716375
usap Antidilutive Securities Excluded From Computation Of Earnings Per Share Weighted Average Price
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareWeightedAveragePrice
19.92
usap Antidilutive Securities Excluded From Computation Of Earnings Per Share Weighted Average Price
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareWeightedAveragePrice
18.55
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
14919
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
20119
CY2023Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
71283000 usd
CY2022Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
46196000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
206163000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
145914000 usd
CY2023Q3 us-gaap Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
15884000 usd
CY2022Q4 us-gaap Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
14890000 usd
CY2023Q3 us-gaap Inventory Finished Goods And Work In Process
InventoryFinishedGoodsAndWorkInProcess
122538000 usd
CY2022Q4 us-gaap Inventory Finished Goods And Work In Process
InventoryFinishedGoodsAndWorkInProcess
129534000 usd
CY2023Q3 usap Inventory Operating Materials
InventoryOperatingMaterials
15552000 usd
CY2022Q4 usap Inventory Operating Materials
InventoryOperatingMaterials
13220000 usd
CY2023Q3 us-gaap Inventory Gross
InventoryGross
153974000 usd
CY2022Q4 us-gaap Inventory Gross
InventoryGross
157644000 usd
CY2023Q3 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
3223000 usd
CY2022Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
3451000 usd
CY2023Q3 us-gaap Inventory Net
InventoryNet
150751000 usd
CY2022Q4 us-gaap Inventory Net
InventoryNet
154193000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
55000 usd
CY2023Q3 us-gaap Finance Lease Liability Payments Remainder Of Fiscal Year
FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear
491000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
170000 usd
CY2023Q3 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
1953000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
36000 usd
CY2023Q3 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
1841000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
21000 usd
CY2023Q3 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
1714000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
2000 usd
CY2023Q3 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
1570000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
0 usd
CY2023Q3 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
1114000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
284000 usd
CY2023Q3 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
8683000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
7000 usd
CY2023Q3 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
1867000 usd
CY2023Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
277000 usd
CY2023Q3 us-gaap Finance Lease Liability
FinanceLeaseLiability
6816000 usd
CY2023Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
161000 usd
CY2023Q3 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
1311000 usd
CY2023Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
116000 usd
CY2023Q3 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
5505000 usd
CY2023Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P1Y8M12D
CY2023Q3 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P4Y6M
CY2023Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
300000 usd
CY2023Q3 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
7000000 usd
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
300000 usd
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
500000 usd
CY2022Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
6700000 usd
CY2023Q3 us-gaap Sale Leaseback Transaction Net Book Value
SaleLeasebackTransactionNetBookValue
1800000 usd
CY2022Q4 usap Finance Lease Original Amount
FinanceLeaseOriginalAmount
7000000 usd
CY2023Q3 us-gaap Lessee Finance Lease Term Of Contract1
LesseeFinanceLeaseTermOfContract1
P72M
CY2023Q3 usap Finance Lease Implicit Interest Rate
FinanceLeaseImplicitInterestRate
0.112 pure
CY2023Q3 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.10 pure
CY2023Q3 usap Sale And Leaseback Financing Liability
SaleAndLeasebackFinancingLiability
1605000 usd
CY2022Q4 usap Sale And Leaseback Financing Liability
SaleAndLeasebackFinancingLiability
1804000 usd
CY2023Q3 us-gaap Finance Lease Liability
FinanceLeaseLiability
6816000 usd
CY2022Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
6663000 usd
CY2023Q3 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities
90690000 usd
CY2022Q4 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities
99798000 usd
CY2023Q3 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
3697000 usd
CY2022Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
3419000 usd
CY2023Q3 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
1161000 usd
CY2022Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
1364000 usd
CY2023Q3 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
85832000 usd
CY2022Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
95015000 usd
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.119 pure
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.309 pure
CY2023Q3 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21 pure
us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
100000 usd
us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
200000 usd
usap Effective Income Tax Rate Reconciliation Percent Discrete Items
EffectiveIncomeTaxRateReconciliationPercentDiscreteItems
0.153 pure
usap Effective Income Tax Rate Reconciliation Percent Discrete Items
EffectiveIncomeTaxRateReconciliationPercentDiscreteItems
0.278 pure

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