2024 Q2 Form 10-K Financial Statement
#000162828024016004 Filed on April 12, 2024
Income Statement
Concept | 2024 Q2 | 2024 Q1 | 2024 |
---|---|---|---|
Revenue | $46.74M | $42.60M | $269.1M |
YoY Change | 33.75% | 9.83% | 16.47% |
Cost Of Revenue | $26.39M | $26.53M | $153.1M |
YoY Change | 21.37% | 2.94% | 5.03% |
Gross Profit | $20.35M | $16.07M | $116.1M |
YoY Change | 54.12% | 23.48% | 35.99% |
Gross Profit Margin | 43.54% | 37.72% | 43.13% |
Selling, General & Admin | $17.38M | $18.84M | $84.18M |
YoY Change | 19.72% | 8.24% | 12.99% |
% of Gross Profit | 85.4% | 117.25% | 72.53% |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $1.334M | $1.334M | $5.097M |
YoY Change | 11.63% | 15.8% | 12.22% |
% of Gross Profit | 6.56% | 8.3% | 4.39% |
Operating Expenses | $17.38M | $18.84M | $84.18M |
YoY Change | 19.72% | 8.24% | 12.99% |
Operating Profit | $2.971M | -$2.771M | $31.88M |
YoY Change | -326.45% | -36.91% | 194.12% |
Interest Expense | $208.0K | $483.0K | -$1.629M |
YoY Change | -70.79% | -339.11% | -182.31% |
% of Operating Profit | 7.0% | -5.11% | |
Other Income/Expense, Net | -$107.0K | -$385.0K | -$1.008M |
YoY Change | -33.54% | 131.93% | 23.53% |
Pretax Income | $2.871M | -$2.673M | $29.24M |
YoY Change | -252.23% | -43.84% | 263.55% |
Income Tax | $731.0K | -$331.0K | $7.330M |
% Of Pretax Income | 25.46% | 25.07% | |
Net Earnings | $2.140M | -$2.342M | $21.91M |
YoY Change | -248.4% | -157.46% | 32.41% |
Net Earnings / Revenue | 4.58% | -5.5% | 8.14% |
Basic Earnings Per Share | $0.13 | $1.34 | |
Diluted Earnings Per Share | $0.13 | -$0.14 | $1.34 |
COMMON SHARES | |||
Basic Shares Outstanding | 16.35M shares | 16.30M shares | |
Diluted Shares Outstanding | 16.39M shares | 16.39M shares |
Balance Sheet
Concept | 2024 Q2 | 2024 Q1 | 2024 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $644.0K | $5.286M | $5.286M |
YoY Change | 3.04% | 400.09% | 400.09% |
Cash & Equivalents | $644.0K | $5.300M | |
Short-Term Investments | |||
Other Short-Term Assets | $3.974M | $2.188M | $2.188M |
YoY Change | 47.29% | 5.04% | 5.04% |
Inventory | $71.33M | $58.37M | $58.37M |
Prepaid Expenses | |||
Receivables | $19.77M | $23.16M | $23.16M |
Other Receivables | $66.00K | $20.00K | $20.00K |
Total Short-Term Assets | $95.79M | $89.03M | $89.03M |
YoY Change | -8.64% | -0.05% | -0.05% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $34.07M | $41.08M | $41.08M |
YoY Change | -1.71% | 18.85% | -8.07% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $9.631M | $16.34M | $16.34M |
YoY Change | 8.85% | 90.57% | -0.2% |
Total Long-Term Assets | $56.68M | $57.42M | $57.42M |
YoY Change | -7.21% | -5.96% | -5.96% |
TOTAL ASSETS | |||
Total Short-Term Assets | $95.79M | $89.03M | $89.03M |
Total Long-Term Assets | $56.68M | $57.42M | $57.42M |
Total Assets | $152.5M | $146.4M | $146.4M |
YoY Change | -8.11% | -2.45% | -2.45% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $19.20M | $12.95M | $12.95M |
YoY Change | -18.73% | -33.44% | -33.44% |
Accrued Expenses | $22.21M | $25.19M | $25.19M |
YoY Change | -1.53% | 16.01% | 16.01% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | $250.0K | $248.0K | $248.0K |
YoY Change | -98.77% | -96.63% | -96.63% |
Total Short-Term Liabilities | $41.66M | $38.53M | $38.53M |
YoY Change | -37.39% | -20.59% | -20.59% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $6.766M | $4.136M | $4.136M |
YoY Change | -52.76% | -71.25% | -71.25% |
Other Long-Term Liabilities | $12.41M | $12.60M | $12.60M |
YoY Change | -32.35% | 2169.91% | -34.23% |
Total Long-Term Liabilities | $19.18M | $16.73M | $16.73M |
YoY Change | -41.3% | -50.11% | -50.11% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $41.66M | $38.53M | $38.53M |
Total Long-Term Liabilities | $19.18M | $16.73M | $16.73M |
Total Liabilities | $60.84M | $55.27M | $55.27M |
YoY Change | -38.68% | -32.66% | -32.66% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$27.24M | -$29.05M | |
YoY Change | -47.7% | -42.63% | |
Common Stock | $162.0K | $121.5M | |
YoY Change | 0.0% | 0.4% | |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $91.64M | $91.18M | $91.18M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $152.5M | $146.4M | $146.4M |
YoY Change | -8.11% | -2.45% | -2.45% |
Cashflow Statement
Concept | 2024 Q2 | 2024 Q1 | 2024 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $2.140M | -$2.342M | $21.91M |
YoY Change | -248.4% | -157.46% | 32.41% |
Depreciation, Depletion And Amortization | $1.334M | $1.334M | $5.097M |
YoY Change | 11.63% | 15.8% | 12.22% |
Cash From Operating Activities | -$4.507M | $4.687M | $26.96M |
YoY Change | -61.53% | -189.4% | -811.72% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $1.088M | $643.0K | $5.248M |
YoY Change | -29.03% | -10.45% | 57.5% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $147.0K | $489.0K | $489.0K |
YoY Change | |||
Cash From Investing Activities | -$941.0K | -$154.0K | -$4.759M |
YoY Change | -38.62% | -78.55% | 42.83% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | $327.0K | $327.0K | |
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | $13.11M | $59.40M | |
YoY Change | 469.78% | 40.26% | |
Cash From Financing Activities | $806.0K | -4.134M | -17.97M |
YoY Change | -93.71% | -185.36% | -363.6% |
NET CHANGE | |||
Cash From Operating Activities | -$4.507M | 4.687M | 26.96M |
Cash From Investing Activities | -$941.0K | -154.0K | -4.759M |
Cash From Financing Activities | $806.0K | -4.134M | -17.97M |
Net Change In Cash | -$4.642M | 399.0K | 4.229M |
YoY Change | 974.54% | -135.69% | -1500.33% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$4.507M | $4.687M | $26.96M |
Capital Expenditures | $1.088M | $643.0K | $5.248M |
Free Cash Flow | -$5.595M | $4.044M | $21.71M |
YoY Change | -57.77% | -167.84% | -404.94% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
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Leasehold Improvements Gross
LeaseholdImprovementsGross
|
523000 | usd |
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FY | |
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VIRCO MFG. CORPORATION | |
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DE | |
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95-1613718 | |
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2027 Harpers Way | |
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Torrance | |
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CY2024 | us-gaap |
Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
|
1050000 | usd |
CY2023 | us-gaap |
Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
|
194000 | usd |
CY2024 | us-gaap |
Labor And Related Expense
LaborAndRelatedExpense
|
1008000 | usd |
CY2023 | us-gaap |
Labor And Related Expense
LaborAndRelatedExpense
|
816000 | usd |
CY2024 | us-gaap |
Interest Expense
InterestExpense
|
2679000 | usd |
CY2023 | us-gaap |
Interest Expense
InterestExpense
|
1979000 | usd |
CY2024 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
29240000 | usd |
CY2023 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
8043000 | usd |
CY2024 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
7330000 | usd |
CY2023 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-8504000 | usd |
CY2024 | us-gaap |
Net Income Loss
NetIncomeLoss
|
21910000 | usd |
CY2023 | us-gaap |
Net Income Loss
NetIncomeLoss
|
16547000 | usd |
CY2024 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.02 | |
CY2023 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0 | |
CY2024 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.34 | |
CY2023 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.03 | |
CY2024 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.34 | |
CY2023 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.02 | |
CY2024 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
16295000 | shares |
CY2023 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
16142000 | shares |
CY2024 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
16388000 | shares |
CY2023 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
16192000 | shares |
CY2024 | us-gaap |
Net Income Loss
NetIncomeLoss
|
21910000 | usd |
CY2023 | us-gaap |
Net Income Loss
NetIncomeLoss
|
16547000 | usd |
CY2024 | us-gaap |
Other Comprehensive Income Defined Benefit Plans Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansTaxPortionAttributableToParent
|
-365000 | usd |
CY2023 | us-gaap |
Other Comprehensive Income Defined Benefit Plans Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansTaxPortionAttributableToParent
|
-1310000 | usd |
CY2024 | us-gaap |
Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
|
-1050000 | usd |
CY2023 | us-gaap |
Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
|
-3669000 | usd |
CY2024 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
22960000 | usd |
CY2023 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
20216000 | usd |
CY2022Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
47446000 | usd |
CY2023 | us-gaap |
Net Income Loss
NetIncomeLoss
|
16547000 | usd |
CY2023 | us-gaap |
Other Comprehensive Income Defined Benefit Plans Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansTaxPortionAttributableToParent
|
-1310000 | usd |
CY2023 | us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
-3669000 | usd |
CY2023 | virc |
Shares Vested And Other During Period Value
SharesVestedAndOtherDuringPeriodValue
|
-213000 | usd |
CY2023Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
68061000 | usd |
CY2024 | us-gaap |
Net Income Loss
NetIncomeLoss
|
21910000 | usd |
CY2023 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
612000 | usd |
CY2024 | us-gaap |
Other Comprehensive Income Defined Benefit Plans Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansTaxPortionAttributableToParent
|
-365000 | usd |
CY2024 | us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
-1050000 | usd |
CY2024 | us-gaap |
Dividends
Dividends
|
327000 | usd |
CY2024 | virc |
Shares Vested And Other During Period Value
SharesVestedAndOtherDuringPeriodValue
|
-110000 | usd |
CY2024 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
595000 | usd |
CY2024Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
91179000 | usd |
CY2024 | us-gaap |
Net Income Loss
NetIncomeLoss
|
21910000 | usd |
CY2023 | us-gaap |
Net Income Loss
NetIncomeLoss
|
16547000 | usd |
CY2024 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
5097000 | usd |
CY2023 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
4542000 | usd |
CY2024 | us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
115000 | usd |
CY2023 | us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
122000 | usd |
CY2024 | virc |
Noncash Lease Income Expense
NoncashLeaseIncomeExpense
|
694000 | usd |
CY2023 | virc |
Noncash Lease Income Expense
NoncashLeaseIncomeExpense
|
543000 | usd |
CY2024 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
0 | usd |
CY2023 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
56000 | usd |
CY2024 | us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
-4000 | usd |
CY2023 | us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
2000 | usd |
CY2024 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
800000 | usd |
CY2023 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-8711000 | usd |
CY2024 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
595000 | usd |
CY2023 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
612000 | usd |
CY2024 | us-gaap |
Defined Benefit Plan Recognized Net Gain Loss Due To Settlements And Curtailments1
DefinedBenefitPlanRecognizedNetGainLossDueToSettlementsAndCurtailments1
|
-375000 | usd |
CY2023 | us-gaap |
Defined Benefit Plan Recognized Net Gain Loss Due To Settlements And Curtailments1
DefinedBenefitPlanRecognizedNetGainLossDueToSettlementsAndCurtailments1
|
-70000 | usd |
CY2024 | us-gaap |
Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
|
4000 | usd |
CY2023 | us-gaap |
Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
|
-437000 | usd |
CY2024 | us-gaap |
Payment To Acquire Life Insurance Policy Operating Activities
PaymentToAcquireLifeInsurancePolicyOperatingActivities
|
14000 | usd |
CY2023 | us-gaap |
Payment To Acquire Life Insurance Policy Operating Activities
PaymentToAcquireLifeInsurancePolicyOperatingActivities
|
78000 | usd |
CY2024 | us-gaap |
Gain Loss On Investments
GainLossOnInvestments
|
1050000 | usd |
CY2023 | us-gaap |
Gain Loss On Investments
GainLossOnInvestments
|
194000 | usd |
CY2024 | virc |
Surrender Of Life Insurance Policies
SurrenderOfLifeInsurancePolicies
|
634000 | usd |
CY2023 | virc |
Surrender Of Life Insurance Policies
SurrenderOfLifeInsurancePolicies
|
0 | usd |
CY2024 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
4726000 | usd |
CY2023 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
720000 | usd |
CY2024 | us-gaap |
Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
|
-48000 | usd |
CY2023 | us-gaap |
Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
|
-50000 | usd |
CY2024 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-9035000 | usd |
CY2023 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
20033000 | usd |
CY2024 | us-gaap |
Increase Decrease In Income Taxes
IncreaseDecreaseInIncomeTaxes
|
213000 | usd |
CY2023 | us-gaap |
Increase Decrease In Income Taxes
IncreaseDecreaseInIncomeTaxes
|
141000 | usd |
CY2024 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
94000 | usd |
CY2023 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
106000 | usd |
CY2024 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-4016000 | usd |
CY2023 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
4022000 | usd |
CY2024 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
26960000 | usd |
CY2023 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-3788000 | usd |
CY2024 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
5248000 | usd |
CY2023 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
3332000 | usd |
CY2024 | us-gaap |
Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
|
0 | usd |
CY2023 | us-gaap |
Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
|
7280000 | usd |
CY2024 | us-gaap |
Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
0 | usd |
CY2023 | us-gaap |
Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
4536000 | usd |
CY2024 | us-gaap |
Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
|
489000 | usd |
CY2023 | us-gaap |
Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
|
2744000 | usd |
CY2024 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-4759000 | usd |
CY2023 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-3332000 | usd |
CY2024 | us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
42036000 | usd |
CY2023 | us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
49579000 | usd |
CY2024 | us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
59396000 | usd |
CY2023 | us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
42348000 | usd |
CY2024 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
110000 | usd |
CY2023 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
213000 | usd |
CY2024 | us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
175000 | usd |
CY2023 | us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
200000 | usd |
CY2024 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
327000 | usd |
CY2023 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
0 | usd |
CY2024 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-17972000 | usd |
CY2023 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
6818000 | usd |
CY2024 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
4229000 | usd |
CY2023 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-302000 | usd |
CY2023Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
1057000 | usd |
CY2022Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
1359000 | usd |
CY2024Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
5286000 | usd |
CY2023Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
1057000 | usd |
CY2024 | us-gaap |
Interest Paid Net
InterestPaidNet
|
2679000 | usd |
CY2023 | us-gaap |
Interest Paid Net
InterestPaidNet
|
1979000 | usd |
CY2024 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
6316000 | usd |
CY2023 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
67000 | usd |
CY2024Q1 | virc |
Property Plant And Equipment Includedin Ap And Accrued Expense
PropertyPlantAndEquipmentIncludedinAPAndAccruedExpense
|
493000 | usd |
CY2023Q1 | virc |
Property Plant And Equipment Includedin Ap And Accrued Expense
PropertyPlantAndEquipmentIncludedinAPAndAccruedExpense
|
634000 | usd |
CY2024 | us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
1 | segment |
CY2024 | virc |
Period Of Manufacturing Operations
PeriodOfManufacturingOperations
|
P74Y | |
CY2024 | virc |
Percent Of Annual Revenue June July And August
PercentOfAnnualRevenueJuneJulyAndAugust
|
0.50 | |
CY2024 | us-gaap |
Use Of Estimates
UseOfEstimates
|
Preparation of consolidated financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions. These estimates and assumptions affect the reported amounts of assets and liabilities - and disclosure of contingent assets and liabilities - at the date of the consolidated financial statements, as well as the reported amounts of revenues and expenses during the reporting period. Estimates made by management include, but are not limited to, valuation of inventory; recoverability of deferred tax assets and liabilities; useful lives of property, plant and equipment; liabilities under pension, warranty, self-insurance, and environmental claims; and the accounts receivable allowance for credit losses. | |
CY2024 | us-gaap |
Fiscal Period
FiscalPeriod
|
<div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Fiscal years 2024 and 2023 refer to the fiscal years ended January 31, 2024 and 2023, respectively.</span></div> | |
CY2024 | us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
Financial instruments, which potentially subject the Company to concentrations of credit risk consist principally of accounts receivable. The Company performs ongoing credit evaluations of its customers and maintains allowances for potential credit losses. Sales to the Company’s recurring customers are generally made on open account with terms consistent with the industry. Credit is extended based on an evaluation of the customer’s financial condition and payment history. Past due accounts are determined based on how recently payments have been made in relation to the terms granted. Amounts are written off against the allowance in the period that the Company determines that the receivable is not collectable. The Company purchases insurance on receivables from certain commercial customers to minimize the Company’s credit risk. The Company does not typically obtain collateral to secure credit risk. Customers with inadequate credit are required to provide cash in advance or letters of credit. The Company does not assess interest on receivable balances. A substantial percentage of the Company’s receivables come from low-risk government entities. No customer accounted for more than 10% of the Company's accounts receivable at January 31, 2024 and 2023. Because of the short time between shipment and collection, the net carrying value of receivables approximates the fair value for these assets. No customer exceeded 10% of the Company’s net sales for fiscal years ended January 31, 2024 and 2023. Foreign net sales were approximately 4.7% and 4.4% of the Company’s net sales for fiscal years 2024 and 2023, respectively. | |
CY2024Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
5300000 | usd |
CY2024Q1 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
18861000 | usd |
CY2023Q1 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
25740000 | usd |
CY2024Q1 | us-gaap |
Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
|
25047000 | usd |
CY2023Q1 | us-gaap |
Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
|
25303000 | usd |
CY2024Q1 | us-gaap |
Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
|
14463000 | usd |
CY2023Q1 | us-gaap |
Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
|
16363000 | usd |
CY2024Q1 | us-gaap |
Inventory Net
InventoryNet
|
58371000 | usd |
CY2023Q1 | us-gaap |
Inventory Net
InventoryNet
|
67406000 | usd |
CY2024 | us-gaap |
Cost Of Property Repairs And Maintenance
CostOfPropertyRepairsAndMaintenance
|
1800000 | usd |
CY2023 | us-gaap |
Cost Of Property Repairs And Maintenance
CostOfPropertyRepairsAndMaintenance
|
2000000 | usd |
CY2024Q1 | virc |
Property Plant And Equipment Includedin Ap And Accrued Expense
PropertyPlantAndEquipmentIncludedinAPAndAccruedExpense
|
493000 | usd |
CY2023Q1 | virc |
Property Plant And Equipment Includedin Ap And Accrued Expense
PropertyPlantAndEquipmentIncludedinAPAndAccruedExpense
|
634000 | usd |
CY2024Q1 | us-gaap |
Asset Retirement Obligation
AssetRetirementObligation
|
212000 | usd |
CY2023Q1 | us-gaap |
Asset Retirement Obligation
AssetRetirementObligation
|
205000 | usd |
CY2023Q1 | us-gaap |
Asset Retirement Obligation
AssetRetirementObligation
|
205000 | usd |
CY2022Q1 | us-gaap |
Asset Retirement Obligation
AssetRetirementObligation
|
198000 | usd |
CY2024 | us-gaap |
Increase Decrease In Asset Retirement Obligations
IncreaseDecreaseInAssetRetirementObligations
|
0 | usd |
CY2023 | us-gaap |
Increase Decrease In Asset Retirement Obligations
IncreaseDecreaseInAssetRetirementObligations
|
0 | usd |
CY2024 | us-gaap |
Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
|
7000 | usd |
CY2023 | us-gaap |
Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
|
7000 | usd |
CY2024Q1 | us-gaap |
Asset Retirement Obligation
AssetRetirementObligation
|
212000 | usd |
CY2023Q1 | us-gaap |
Asset Retirement Obligation
AssetRetirementObligation
|
205000 | usd |
CY2023 | us-gaap |
Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
|
0 | usd |
CY2024 | us-gaap |
Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
|
0 | usd |
CY2024 | us-gaap |
Net Income Loss
NetIncomeLoss
|
21910000 | usd |
CY2023 | us-gaap |
Net Income Loss
NetIncomeLoss
|
16547000 | usd |
CY2024 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
16295000 | shares |
CY2023 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
16142000 | shares |
CY2024 | us-gaap |
Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
|
93000 | shares |
CY2023 | us-gaap |
Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
|
50000 | shares |
CY2024 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
16388000 | shares |
CY2023 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
16192000 | shares |
CY2024 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.34 | |
CY2023 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.03 | |
CY2024 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.34 | |
CY2023 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.02 | |
CY2024 | us-gaap |
Advertising Expense
AdvertisingExpense
|
1400000 | usd |
CY2023 | us-gaap |
Advertising Expense
AdvertisingExpense
|
1200000 | usd |
CY2024Q1 | us-gaap |
Prepaid Advertising
PrepaidAdvertising
|
432000 | usd |
CY2023Q1 | us-gaap |
Prepaid Advertising
PrepaidAdvertising
|
355000 | usd |
CY2024Q1 | us-gaap |
Standard Product Warranty Accrual
StandardProductWarrantyAccrual
|
350000 | usd |
CY2023Q1 | us-gaap |
Standard Product Warranty Accrual
StandardProductWarrantyAccrual
|
350000 | usd |
CY2024Q1 | us-gaap |
Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
|
150000 | usd |
CY2023Q1 | us-gaap |
Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
|
250000 | usd |
CY2023Q1 | virc |
Assumed Discount Rate Self Insurance Accrual
AssumedDiscountRateSelfInsuranceAccrual
|
0.0400 | |
CY2024Q1 | virc |
Assumed Discount Rate Self Insurance Accrual
AssumedDiscountRateSelfInsuranceAccrual
|
0.0400 | |
CY2024Q1 | us-gaap |
Self Insurance Reserve
SelfInsuranceReserve
|
770000 | usd |
CY2024Q1 | us-gaap |
Self Insurance Reserve Current
SelfInsuranceReserveCurrent
|
120000 | usd |
us-gaap |
Dividends Share Based Compensation
DividendsShareBasedCompensation
|
122000000 | usd | |
CY2023Q1 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-2360000 | usd |
CY2022Q1 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-6029000 | usd |
CY2024 | us-gaap |
Other Comprehensive Income Loss Before Reclassifications Before Tax
OtherComprehensiveIncomeLossBeforeReclassificationsBeforeTax
|
679000 | usd |
CY2023 | us-gaap |
Other Comprehensive Income Loss Before Reclassifications Before Tax
OtherComprehensiveIncomeLossBeforeReclassificationsBeforeTax
|
3162000 | usd |
CY2024 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax
|
371000 | usd |
CY2023 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax
|
507000 | usd |
CY2024 | us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
-1050000 | usd |
CY2023 | us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
-3669000 | usd |
CY2024Q1 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-1310000 | usd |
CY2023Q1 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-2360000 | usd |
CY2024 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax
|
371000 | usd |
CY2023 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax
|
507000 | usd |
CY2024 | virc |
Shippingand Classroom Delivery Costs
ShippingandClassroomDeliveryCosts
|
27200000 | usd |
CY2023 | virc |
Shippingand Classroom Delivery Costs
ShippingandClassroomDeliveryCosts
|
23800000 | usd |
CY2024Q1 | us-gaap |
Long Term Debt
LongTermDebt
|
4384000 | usd |
CY2023Q1 | us-gaap |
Long Term Debt
LongTermDebt
|
21744000 | usd |
CY2024Q1 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
248000 | usd |
CY2023Q1 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
7360000 | usd |
CY2024Q1 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
4136000 | usd |
CY2023Q1 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
14384000 | usd |
CY2023Q2 | virc |
Dividend Payable Maximum Amount In Fiscal Year
DividendPayableMaximumAmountInFiscalYear
|
3000000 | usd |
CY2024Q1 | virc |
Line Of Credit Facility Borrowing Capacity Term
LineOfCreditFacilityBorrowingCapacityTerm
|
15000000.0 | usd |
CY2024Q1 | virc |
Increase Decrease In Inventory Sublimit Under Credit Agreement
IncreaseDecreaseInInventorySublimitUnderCreditAgreement
|
35000000 | usd |
CY2024 | virc |
Lineof Credit Facility Periodfor Reduced Borrowingsduring Fourth Quarterof Each Fiscal Year
LineofCreditFacilityPeriodforReducedBorrowingsduringFourthQuarterofEachFiscalYear
|
P30D | |
CY2024 | us-gaap |
Line Of Credit Facility Unused Capacity Commitment Fee Percentage
LineOfCreditFacilityUnusedCapacityCommitmentFeePercentage
|
0.00375 | |
CY2023 | us-gaap |
Line Of Credit Facility Unused Capacity Commitment Fee Percentage
LineOfCreditFacilityUnusedCapacityCommitmentFeePercentage
|
0.00375 | |
CY2024Q1 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
|
248000 | usd |
CY2024Q1 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
|
258000 | usd |
CY2024Q1 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
|
269000 | usd |
CY2024Q1 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
|
280000 | usd |
CY2024Q1 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
|
291000 | usd |
CY2024Q1 | us-gaap |
Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
|
3038000 | usd |
CY2024Q1 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
4384000 | usd |
CY2024Q1 | us-gaap |
Liability For Future Policy Benefits Life
LiabilityForFuturePolicyBenefitsLife
|
1300000 | usd |
CY2023Q1 | us-gaap |
Liability For Future Policy Benefits Life
LiabilityForFuturePolicyBenefitsLife
|
1600000 | usd |
CY2024Q1 | us-gaap |
Defined Benefit Plan Assets For Plan Benefits Noncurrent
DefinedBenefitPlanAssetsForPlanBenefitsNoncurrent
|
5800000 | usd |
CY2023Q1 | us-gaap |
Defined Benefit Plan Assets For Plan Benefits Noncurrent
DefinedBenefitPlanAssetsForPlanBenefitsNoncurrent
|
4700000 | usd |
CY2024 | us-gaap |
Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
|
676000 | usd |
CY2023 | us-gaap |
Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
|
631000 | usd |
CY2024Q1 | us-gaap |
Defined Benefit Plan Expected Future Employer Contributions Next Fiscal Year
DefinedBenefitPlanExpectedFutureEmployerContributionsNextFiscalYear
|
386000 | usd |
CY2024Q1 | us-gaap |
Defined Benefit Plan Accumulated Other Comprehensive Income Net Prior Service Cost Credit After Tax
DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeNetPriorServiceCostCreditAfterTax
|
-1300000 | usd |
CY2023Q4 | virc |
Defined Benefit Plan Plan Assets Sold
DefinedBenefitPlanPlanAssetsSold
|
5300000 | usd |
CY2023Q4 | virc |
Defined Benefit Plan Plan Assets Proceeds Used To Purchase Annuities Number Of Participants
DefinedBenefitPlanPlanAssetsProceedsUsedToPurchaseAnnuitiesNumberOfParticipants
|
49 | participant |
CY2023Q4 | virc |
Defined Benefit Plan Plan Assets Proceeds Used To Purchase Annuities Number Of Vested Terminated Participants
DefinedBenefitPlanPlanAssetsProceedsUsedToPurchaseAnnuitiesNumberOfVestedTerminatedParticipants
|
89 | participant |
CY2024Q1 | us-gaap |
Life Insurance Corporate Or Bank Owned Amount
LifeInsuranceCorporateOrBankOwnedAmount
|
1600000 | usd |
CY2024Q1 | us-gaap |
Cash Surrender Value Of Life Insurance
CashSurrenderValueOfLifeInsurance
|
1100000 | usd |
CY2023Q1 | us-gaap |
Cash Surrender Value Of Life Insurance
CashSurrenderValueOfLifeInsurance
|
1500000 | usd |
CY2024Q1 | virc |
Life Insurance Death Benefits Payable
LifeInsuranceDeathBenefitsPayable
|
2800000 | usd |
CY2023Q1 | virc |
Life Insurance Death Benefits Payable
LifeInsuranceDeathBenefitsPayable
|
3000000 | usd |
CY2023Q1 | us-gaap |
Liability For Future Policy Benefits
LiabilityForFuturePolicyBenefits
|
1643000 | usd |
CY2022Q1 | us-gaap |
Liability For Future Policy Benefits
LiabilityForFuturePolicyBenefits
|
1616000 | usd |
CY2024 | us-gaap |
Liability For Future Policy Benefits Period Expense
LiabilityForFuturePolicyBenefitsPeriodExpense
|
25000 | usd |
CY2023 | us-gaap |
Liability For Future Policy Benefits Period Expense
LiabilityForFuturePolicyBenefitsPeriodExpense
|
27000 | usd |
CY2024 | us-gaap |
Liability For Future Policy Benefits Payment For Benefits
LiabilityForFuturePolicyBenefitsPaymentForBenefits
|
200000 | usd |
CY2023 | us-gaap |
Liability For Future Policy Benefits Payment For Benefits
LiabilityForFuturePolicyBenefitsPaymentForBenefits
|
0 | usd |
CY2024Q1 | us-gaap |
Liability For Future Policy Benefits
LiabilityForFuturePolicyBenefits
|
1468000 | usd |
CY2023Q1 | us-gaap |
Liability For Future Policy Benefits
LiabilityForFuturePolicyBenefits
|
1643000 | usd |
CY2024 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
595000 | usd |
CY2023 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
612000 | usd |
CY2024Q1 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Share Based Awards Other Than Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedShareBasedAwardsOtherThanOptions
|
229000 | usd |
CY2024 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
|
P0Y3M18D | |
CY2024 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
800000 | usd |
CY2023 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-8711000 | usd |
CY2024 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
7330000 | usd |
CY2023 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-8504000 | usd |
CY2024 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.21 | |
CY2023 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.21 | |
CY2024 | us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
6140000 | usd |
CY2023 | us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
1689000 | usd |
CY2024 | us-gaap |
Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
|
1346000 | usd |
CY2023 | us-gaap |
Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
|
746000 | usd |
CY2024 | us-gaap |
Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
-613000 | usd |
CY2023 | us-gaap |
Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
-10546000 | usd |
CY2024 | virc |
Income Tax Reconciliation State Rate Adjustment
IncomeTaxReconciliationStateRateAdjustment
|
164000 | usd |
CY2023 | virc |
Income Tax Reconciliation State Rate Adjustment
IncomeTaxReconciliationStateRateAdjustment
|
6000 | usd |
CY2024 | us-gaap |
Income Tax Reconciliation Tax Contingencies
IncomeTaxReconciliationTaxContingencies
|
34000 | usd |
CY2023 | us-gaap |
Income Tax Reconciliation Tax Contingencies
IncomeTaxReconciliationTaxContingencies
|
35000 | usd |
CY2024 | us-gaap |
Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount
|
16000 | usd |
CY2023 | us-gaap |
Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount
|
-397000 | usd |
CY2024 | virc |
Effective Income Tax Rate Reconciliation Expirationof Attributes Amount
EffectiveIncomeTaxRateReconciliationExpirationofAttributesAmount
|
56000 | usd |
CY2023 | virc |
Effective Income Tax Rate Reconciliation Expirationof Attributes Amount
EffectiveIncomeTaxRateReconciliationExpirationofAttributesAmount
|
17000 | usd |
CY2024 | virc |
Effective Income Tax Rate Reconciliation Permanent Differences Amount
EffectiveIncomeTaxRateReconciliationPermanentDifferencesAmount
|
69000 | usd |
CY2023 | virc |
Effective Income Tax Rate Reconciliation Permanent Differences Amount
EffectiveIncomeTaxRateReconciliationPermanentDifferencesAmount
|
-13000 | usd |
CY2024 | us-gaap |
Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
|
118000 | usd |
CY2023 | us-gaap |
Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
|
-41000 | usd |
CY2024 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
7330000 | usd |
CY2023 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-8504000 | usd |
CY2024 | us-gaap |
Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
|
5567000 | usd |
CY2023 | us-gaap |
Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
|
82000 | usd |
CY2024 | us-gaap |
Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
|
963000 | usd |
CY2023 | us-gaap |
Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
|
125000 | usd |
CY2024 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
6530000 | usd |
CY2023 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
207000 | usd |
CY2024 | us-gaap |
Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
|
301000 | usd |
CY2023 | us-gaap |
Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
|
1524000 | usd |
CY2024 | us-gaap |
Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
|
1112000 | usd |
CY2023 | us-gaap |
Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
|
311000 | usd |
CY2024 | virc |
Deferred Income Tax Expense Benefit Domestic And State And Local
DeferredIncomeTaxExpenseBenefitDomesticAndStateAndLocal
|
1413000 | usd |
CY2023 | virc |
Deferred Income Tax Expense Benefit Domestic And State And Local
DeferredIncomeTaxExpenseBenefitDomesticAndStateAndLocal
|
1835000 | usd |
CY2024 | us-gaap |
Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
-613000 | usd |
CY2023 | us-gaap |
Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
-10546000 | usd |
CY2024Q1 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Compensated Absences
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsCompensatedAbsences
|
2143000 | usd |
CY2023Q1 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Compensated Absences
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsCompensatedAbsences
|
1925000 | usd |
CY2024Q1 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Pensions
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsPensions
|
2391000 | usd |
CY2023Q1 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Pensions
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsPensions
|
2729000 | usd |
CY2024Q1 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Self Insurance
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsSelfInsurance
|
197000 | usd |
CY2023Q1 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Self Insurance
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsSelfInsurance
|
325000 | usd |
CY2024Q1 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Warranty Reserves
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsWarrantyReserves
|
128000 | usd |
CY2023Q1 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Warranty Reserves
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsWarrantyReserves
|
156000 | usd |
CY2024Q1 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
599000 | usd |
CY2023Q1 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
1949000 | usd |
CY2024Q1 | virc |
Deferred Tax Assets Right Of Use Liabilities
DeferredTaxAssetsRightOfUseLiabilities
|
1935000 | usd |
CY2023Q1 | virc |
Deferred Tax Assets Right Of Use Liabilities
DeferredTaxAssetsRightOfUseLiabilities
|
3087000 | usd |
CY2024Q1 | us-gaap |
Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
|
1878000 | usd |
CY2023Q1 | us-gaap |
Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
|
1820000 | usd |
CY2024Q1 | us-gaap |
Deferred Tax Assets Other
DeferredTaxAssetsOther
|
536000 | usd |
CY2023Q1 | us-gaap |
Deferred Tax Assets Other
DeferredTaxAssetsOther
|
401000 | usd |
CY2024Q1 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
9807000 | usd |
CY2023Q1 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
12392000 | usd |
CY2024Q1 | us-gaap |
Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
|
882000 | usd |
CY2023Q1 | us-gaap |
Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
|
987000 | usd |
CY2024Q1 | virc |
Deferred Tax Liabilities Right Of Use Assets
DeferredTaxLiabilitiesRightOfUseAssets
|
1663000 | usd |
CY2023Q1 | virc |
Deferred Tax Liabilities Right Of Use Assets
DeferredTaxLiabilitiesRightOfUseAssets
|
2630000 | usd |
CY2024Q1 | us-gaap |
Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
|
377000 | usd |
CY2023Q1 | us-gaap |
Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
|
111000 | usd |
CY2024Q1 | us-gaap |
Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
|
2922000 | usd |
CY2023Q1 | us-gaap |
Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
|
3728000 | usd |
CY2024Q1 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
251000 | usd |
CY2023Q1 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
864000 | usd |
CY2024Q1 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
6634000 | usd |
CY2023Q1 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
7800000 | usd |
CY2024Q1 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
251000 | usd |
CY2024 | us-gaap |
Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
|
-613000 | usd |
CY2024Q1 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards Domestic
DeferredTaxAssetsOperatingLossCarryforwardsDomestic
|
0 | usd |
CY2024Q1 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards State And Local
DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal
|
9000000 | usd |
CY2023Q1 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
864000 | usd |
CY2023 | us-gaap |
Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
|
-10500000 | usd |
CY2023Q1 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards Domestic
DeferredTaxAssetsOperatingLossCarryforwardsDomestic
|
2700000 | usd |
CY2023Q1 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards State And Local
DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal
|
25100000 | usd |
CY2023Q1 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
62000 | usd |
CY2022Q1 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
57000 | usd |
CY2024 | us-gaap |
Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
|
8000 | usd |
CY2023 | us-gaap |
Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
|
0 | usd |
CY2024 | us-gaap |
Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
|
0 | usd |
CY2023 | us-gaap |
Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
|
5000 | usd |
CY2024 | us-gaap |
Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
|
33000 | usd |
CY2023 | us-gaap |
Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
|
19000 | usd |
CY2024 | virc |
Unrecognized Tax Benefits Decrease Related To Lapsing Of Statute Of Limitations
UnrecognizedTaxBenefitsDecreaseRelatedToLapsingOfStatuteOfLimitations
|
11000 | usd |
CY2023 | virc |
Unrecognized Tax Benefits Decrease Related To Lapsing Of Statute Of Limitations
UnrecognizedTaxBenefitsDecreaseRelatedToLapsingOfStatuteOfLimitations
|
9000 | usd |
CY2024Q1 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
92000 | usd |
CY2023Q1 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
62000 | usd |
CY2024Q1 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
92000 | usd |
CY2024Q1 | us-gaap |
Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
|
73000 | usd |
CY2024Q1 | us-gaap |
Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
|
37000 | usd |
CY2023Q1 | us-gaap |
Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
|
16000 | usd |
CY2024Q1 | us-gaap |
Significant Change In Unrecognized Tax Benefits Is Reasonably Possible Amount Of Unrecorded Benefit
SignificantChangeInUnrecognizedTaxBenefitsIsReasonablyPossibleAmountOfUnrecordedBenefit
|
7000 | usd |
CY2024Q1 | us-gaap |
Lessee Operating Lease Term Of Contract
LesseeOperatingLeaseTermOfContract
|
P5Y | |
CY2024 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
5099000 | usd |
CY2023 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
5174000 | usd |
CY2024 | us-gaap |
Short Term Lease Cost
ShortTermLeaseCost
|
421000 | usd |
CY2023 | us-gaap |
Short Term Lease Cost
ShortTermLeaseCost
|
388000 | usd |
CY2024 | us-gaap |
Sublease Income
SubleaseIncome
|
40000 | usd |
CY2023 | us-gaap |
Sublease Income
SubleaseIncome
|
40000 | usd |
CY2024 | us-gaap |
Variable Lease Cost
VariableLeaseCost
|
983000 | usd |
CY2023 | us-gaap |
Variable Lease Cost
VariableLeaseCost
|
883000 | usd |
CY2024 | us-gaap |
Lease Cost
LeaseCost
|
6463000 | usd |
CY2023 | us-gaap |
Lease Cost
LeaseCost
|
6405000 | usd |
CY2024 | virc |
Cashpaidforamountsincludedinthemeasurementofleaseliabilities
Cashpaidforamountsincludedinthemeasurementofleaseliabilities
|
5793000 | usd |
CY2023 | virc |
Cashpaidforamountsincludedinthemeasurementofleaseliabilities
Cashpaidforamountsincludedinthemeasurementofleaseliabilities
|
5716000 | usd |
CY2024 | us-gaap |
Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
|
873000 | usd |
CY2023 | us-gaap |
Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
|
545000 | usd |
CY2024Q1 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P1Y6M | |
CY2023Q1 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P2Y2M12D | |
CY2024Q1 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.0636 | |
CY2023Q1 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.0630 | |
CY2024Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
6037000 | usd |
CY2024Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
1772000 | usd |
CY2024Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
|
142000 | usd |
CY2024Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
|
0 | usd |
CY2024Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
|
0 | usd |
CY2024Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
|
0 | usd |
CY2024Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
7951000 | usd |
CY2024Q1 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
5744000 | usd |
CY2024Q1 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
1829000 | usd |
CY2024Q1 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
7573000 | usd |
CY2024Q1 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
378000 | usd |
CY2024 | us-gaap |
Loss Contingency Disclosures
LossContingencyDisclosures
|
Contingencies<div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company and other furniture manufacturers are subject to federal, state, and local laws and regulations relating to the discharge of materials into the environment and the generation, handling, storage, transportation and disposal of waste and hazardous materials. The Company has expended, and expects to continue to spend, significant amounts in the future to comply with environmental laws. Normal recurring expenses relating to operating the Company factories in a manner that meets or exceeds environmental laws are matched to the cost of producing inventory. Despite the Company’s significant dedication to operating in compliance with applicable laws, there is a risk that the Company could fail to comply with a regulation or that applicable laws and regulations change. On these occasions, the Company records liabilities for remediation costs when remediation costs are probable and can be reasonably estimated.</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company is subject to contingencies pursuant to environmental laws and regulations that in the future may require the Company to take action to correct the effects on the environment of prior disposal practices or releases of chemical or petroleum substances by the Company or other parties. </span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company has a self-insured retention for product liability losses up to $250,000 per occurrence, workers’ compensation liability losses up to $250,000 per occurrence, general liability losses up to $50,000 and automobile liability losses up to </span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">$50,000 per occurrence. The Company has purchased insurance to cover losses in excess of the retention up to a limit of $30.0 million. The Company has obtained an actuarial estimate of its total expected future losses for liability claims and recorded a liability equal to the net present value of $770,000 and $1.3 million at January 31, 2024 and 2023, respectively, based upon the Company’s estimated payout period of five years using a 4.0% discount rate for both years.</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Workers’ compensation, automobile, general and product liability claims may be asserted in the future for events not currently known by management. Management does not anticipate that any related settlement, after consideration of the existing reserve for claims incurred and potential insurance recovery, would have a material adverse effect on the Company’s financial position, results of operations or cash flows. Estimated payments under the self-insurance programs are as follows (in thousands):</span></div><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.415%"><tr><td style="width:1.0%"></td><td style="width:81.988%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:15.812%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Year ending January 31,</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2025</span></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">120 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2026</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">170 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2027</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">170 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2028</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">170 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2029</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">170 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Thereafter</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total</span></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">800 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Discount to net present value</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(30)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">770 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Less current portion</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(120)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Non-current portion</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">650 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company and its subsidiaries are defendants in various legal proceedings resulting from operations in the normal course of business. It is the opinion of management, in consultation with legal counsel, that the ultimate outcome of all such matters will not materially affect the Company’s financial position, results of operations or cash flows.</span></div> | |
CY2024Q1 | us-gaap |
Self Insurance Reserve
SelfInsuranceReserve
|
770000 | usd |
CY2023Q1 | us-gaap |
Self Insurance Reserve
SelfInsuranceReserve
|
1300000 | usd |
CY2024 | virc |
Self Insurance Estimated Payout Period
SelfInsuranceEstimatedPayoutPeriod
|
P5Y | |
CY2023Q1 | virc |
Assumed Discount Rate Self Insurance Accrual
AssumedDiscountRateSelfInsuranceAccrual
|
0.040 | |
CY2024Q1 | virc |
Assumed Discount Rate Self Insurance Accrual
AssumedDiscountRateSelfInsuranceAccrual
|
0.040 | |
CY2024Q1 | virc |
Estimated Self Insurance Payments Next Twelve Months
EstimatedSelfInsurancePaymentsNextTwelveMonths
|
120000 | usd |
CY2024Q1 | virc |
Estimated Self Insurance Payments Due In Two Years
EstimatedSelfInsurancePaymentsDueInTwoYears
|
170000 | usd |
CY2024Q1 | virc |
Estimated Self Insurance Payments Due In Three Years
EstimatedSelfInsurancePaymentsDueInThreeYears
|
170000 | usd |
CY2024Q1 | virc |
Estimated Self Insurance Payments Due In Four Years
EstimatedSelfInsurancePaymentsDueInFourYears
|
170000 | usd |
CY2024Q1 | virc |
Estimated Self Insurance Payments Due In Five Years
EstimatedSelfInsurancePaymentsDueInFiveYears
|
170000 | usd |
CY2024Q1 | virc |
Estimated Self Insurance Payments Due Thereafter
EstimatedSelfInsurancePaymentsDueThereafter
|
0 | usd |
CY2024Q1 | virc |
Estimated Self Insurance Payments Gross
EstimatedSelfInsurancePaymentsGross
|
800000 | usd |
CY2024Q1 | virc |
Present Value Of Estimated Self Insurance Payments Discounted
PresentValueOfEstimatedSelfInsurancePaymentsDiscounted
|
30000 | usd |
CY2024Q1 | virc |
Estimated Self Insurance Payments Net
EstimatedSelfInsurancePaymentsNet
|
770000 | usd |
CY2024Q1 | virc |
Estimated Self Insurance Payments Net Current
EstimatedSelfInsurancePaymentsNetCurrent
|
120000 | usd |
CY2024Q1 | virc |
Estimated Self Insurance Payments Net Noncurrent
EstimatedSelfInsurancePaymentsNetNoncurrent
|
650000 | usd |
CY2023Q1 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
600000 | usd |
CY2022Q1 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
600000 | usd |
CY2024 | us-gaap |
Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
|
400000 | usd |
CY2023 | us-gaap |
Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
|
350000 | usd |
CY2024 | virc |
Product Warranty Warrants Issued Prior Year
ProductWarrantyWarrantsIssuedPriorYear
|
285000 | usd |
CY2023 | virc |
Product Warranty Warrants Issued Prior Year
ProductWarrantyWarrantsIssuedPriorYear
|
140000 | usd |
CY2024 | us-gaap |
Product Warranty Expense
ProductWarrantyExpense
|
215000 | usd |
CY2023 | us-gaap |
Product Warranty Expense
ProductWarrantyExpense
|
210000 | usd |
CY2024Q1 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
500000 | usd |
CY2023Q1 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
600000 | usd |
CY2024Q1 | us-gaap |
Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
|
150000 | usd |
CY2023Q1 | us-gaap |
Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
|
250000 | usd |
CY2024Q1 | us-gaap |
Product Warranty Accrual Noncurrent
ProductWarrantyAccrualNoncurrent
|
350000 | usd |
CY2023Q1 | us-gaap |
Product Warranty Accrual Noncurrent
ProductWarrantyAccrualNoncurrent
|
350000 | usd |