$VOXX
VOXX International Corp

2021 Q2 Form 10-Q Financial Statement

#000156459021036305 Filed on July 12, 2021

View on sec.gov

Income Statement

Concept 2021 Q2 2020 Q2
Revenue $137.1M $71.99M
YoY Change 90.4% -22.97%
Cost Of Revenue $100.4M $52.01M
YoY Change 92.97% -22.88%
Gross Profit $36.70M $19.98M
YoY Change 83.7% -23.2%
Gross Profit Margin 26.77% 27.75%
Selling, General & Admin $30.14M $23.36M
YoY Change 29.05% -14.46%
% of Gross Profit 82.14% 116.93%
Research & Development $2.321M $1.855M
YoY Change 25.12% -0.43%
% of Gross Profit 6.33% 9.29%
Depreciation & Amortization $2.807M $2.543M
YoY Change 10.38% -17.09%
% of Gross Profit 7.65% 12.73%
Operating Expenses $37.05M $28.05M
YoY Change 32.1% -15.3%
Operating Profit -$356.0K -$8.072M
YoY Change -95.59% 13.63%
Interest Expense $7.000K $86.00K
YoY Change -91.86% -77.95%
% of Operating Profit
Other Income/Expense, Net $442.0K $685.0K
YoY Change -35.47% -58.33%
Pretax Income $2.281M -$7.324M
YoY Change -131.14% 45.98%
Income Tax $484.0K $1.781M
% Of Pretax Income 21.22%
Net Earnings $2.716M -$8.272M
YoY Change -132.83% 620.56%
Net Earnings / Revenue 1.98% -11.49%
Basic Earnings Per Share $0.11 -$0.34
Diluted Earnings Per Share $0.11 -$0.34
COMMON SHARES
Basic Shares Outstanding 24.27M 24.22M
Diluted Shares Outstanding 24.93M 24.22M

Balance Sheet

Concept 2021 Q2 2020 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $36.71M $69.00M
YoY Change -46.8% 15.0%
Cash & Equivalents $36.71M $69.04M
Short-Term Investments
Other Short-Term Assets $26.86M $11.20M
YoY Change 139.86% 16.67%
Inventory $137.7M $105.4M
Prepaid Expenses
Receivables $95.50M $55.10M
Other Receivables $797.0K $600.0K
Total Short-Term Assets $297.6M $241.4M
YoY Change 23.28% 2.28%
LONG-TERM ASSETS
Property, Plant & Equipment $56.22M $53.90M
YoY Change 4.3% -9.71%
Goodwill $57.41M
YoY Change
Intangibles $88.70M
YoY Change
Long-Term Investments $24.83M $23.00M
YoY Change 7.96% 5.25%
Other Assets $1.091M $1.600M
YoY Change -31.81% -43.18%
Total Long-Term Assets $228.2M $220.7M
YoY Change 3.42% -15.76%
TOTAL ASSETS
Total Short-Term Assets $297.6M $241.4M
Total Long-Term Assets $228.2M $220.7M
Total Assets $525.8M $462.1M
YoY Change 13.79% -7.21%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $46.32M $32.10M
YoY Change 44.3% -0.77%
Accrued Expenses $68.56M $43.80M
YoY Change 56.52% -2.45%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $500.0K $1.700M
YoY Change -70.59% -80.13%
Total Short-Term Liabilities $121.6M $79.80M
YoY Change 52.4% -7.85%
LONG-TERM LIABILITIES
Long-Term Debt $6.489M $26.99M
YoY Change -75.96% 260.4%
Other Long-Term Liabilities $10.73M $8.700M
YoY Change 23.29% 183.02%
Total Long-Term Liabilities $6.489M $26.99M
YoY Change -75.96% 155.51%
TOTAL LIABILITIES
Total Short-Term Liabilities $121.6M $79.80M
Total Long-Term Liabilities $6.489M $26.99M
Total Liabilities $115.8M $93.70M
YoY Change 23.58% -11.63%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $23.92M
YoY Change 12.95%
Treasury Stock Shares $2.749M $2.749M
Shareholders Equity $410.0M $368.4M
YoY Change
Total Liabilities & Shareholders Equity $525.8M $462.1M
YoY Change 13.8% -7.22%

Cashflow Statement

Concept 2021 Q2 2020 Q2
OPERATING ACTIVITIES
Net Income $2.716M -$8.272M
YoY Change -132.83% 620.56%
Depreciation, Depletion And Amortization $2.807M $2.543M
YoY Change 10.38% -17.09%
Cash From Operating Activities -$17.04M $12.29M
YoY Change -238.73% 187.84%
INVESTING ACTIVITIES
Capital Expenditures $927.0K $586.0K
YoY Change 58.19% -16.64%
Acquisitions
YoY Change
Other Investing Activities -$3.000M
YoY Change
Cash From Investing Activities -$3.927M -$586.0K
YoY Change 570.14% -16.64%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -1.755M 19.71M
YoY Change -108.91% -1382.94%
NET CHANGE
Cash From Operating Activities -17.04M 12.29M
Cash From Investing Activities -3.927M -586.0K
Cash From Financing Activities -1.755M 19.71M
Net Change In Cash -22.69M 31.61M
YoY Change -171.78% 1688.12%
FREE CASH FLOW
Cash From Operating Activities -$17.04M $12.29M
Capital Expenditures $927.0K $586.0K
Free Cash Flow -$17.97M $11.70M
YoY Change -253.6% 228.16%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2021Q1 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2021Q1 us-gaap Deferred Compensation Liability Classified Noncurrent
DeferredCompensationLiabilityClassifiedNoncurrent
1777000
CY2021Q1 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
6645000
CY2021Q1 us-gaap Liability For Uncertain Tax Positions Noncurrent
LiabilityForUncertainTaxPositionsNoncurrent
1170000
CY2021Q1 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
5255000
CY2021Q1 us-gaap Liabilities
Liabilities
171489000
CY2021Q1 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
3260000
CY2021Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2021Q2 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0
CY2021Q1 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0
CY2021Q1 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2021Q1 us-gaap Preferred Stock Value
PreferredStockValue
0
CY2021Q1 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
300402000
CY2021Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
148906000
CY2021Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-14977000
CY2021Q2 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
3226000
CY2021Q1 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
3260000
CY2021Q2 us-gaap Stockholders Equity
StockholdersEquity
410042000
CY2021Q1 us-gaap Stockholders Equity
StockholdersEquity
407420000
CY2021Q2 us-gaap Minority Interest
MinorityInterest
-32270000
CY2021Q1 us-gaap Minority Interest
MinorityInterest
-31351000
CY2021Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
377772000
CY2021Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
376069000
CY2021Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
525838000
CY2021Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
550818000
CY2021Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
19352000
CY2021Q2 voxx Engineering And Technical Support Expense
EngineeringAndTechnicalSupportExpense
6232000
CY2020Q2 voxx Engineering And Technical Support Expense
EngineeringAndTechnicalSupportExpense
4485000
CY2021Q2 us-gaap Operating Expenses
OperatingExpenses
37051000
CY2020Q2 us-gaap Operating Expenses
OperatingExpenses
28047000
CY2021Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-356000
CY2020Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-8072000
CY2021Q2 us-gaap Interest And Debt Expense
InterestAndDebtExpense
528000
CY2020Q2 us-gaap Interest And Debt Expense
InterestAndDebtExpense
799000
CY2021Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
2723000
CY2020Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
862000
CY2021Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
442000
CY2020Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
685000
CY2021Q2 voxx Other Income Expense Net
OtherIncomeExpenseNet
2637000
CY2020Q2 voxx Other Income Expense Net
OtherIncomeExpenseNet
748000
CY2021Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
2281000
CY2020Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-7324000
CY2021Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
484000
CY2020Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1781000
CY2021Q2 us-gaap Profit Loss
ProfitLoss
1797000
CY2020Q2 us-gaap Profit Loss
ProfitLoss
-9105000
CY2021Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-919000
CY2020Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-833000
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
2716000
CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
-8272000
CY2021Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
372000
CY2020Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
504000
CY2021Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
119000
CY2020Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
-177000
CY2021Q2 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-1000
CY2020Q2 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
14000
CY2021Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
492000
CY2020Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
313000
CY2021Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
3208000
CY2020Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-7959000
CY2021Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.11
CY2020Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.34
CY2021Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.11
CY2020Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.34
CY2021Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
24266242
CY2020Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
24224478
CY2021Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
24925974
CY2020Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
24224478
CY2021Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
376069000
CY2021Q2 us-gaap Profit Loss
ProfitLoss
1797000
CY2021Q2 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
60693000
CY2021Q2 voxx Adjustments To Additional Paid In Capital Net Settlement Of Common Stock Upon Vesting Of Stock Awards
AdjustmentsToAdditionalPaidInCapitalNetSettlementOfCommonStockUponVestingOfStockAwards
-856000
CY2021Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
270000
CY2021Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
377772000
CY2020Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
348229000
CY2020Q2 us-gaap Profit Loss
ProfitLoss
-9105000
CY2020Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
313000
CY2020Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
151000
CY2020Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
339588000
CY2021Q2 us-gaap Profit Loss
ProfitLoss
1797000
CY2020Q2 us-gaap Profit Loss
ProfitLoss
-9105000
CY2021Q2 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
2807000
CY2020Q2 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
2543000
CY2021Q2 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
83000
CY2020Q2 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
206000
CY2021Q2 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
19000
CY2020Q2 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
-7000
CY2021Q2 voxx Reduction In Carrying Amount Of Right Of Use Asset
ReductionInCarryingAmountOfRightOfUseAsset
341000
CY2020Q2 voxx Reduction In Carrying Amount Of Right Of Use Asset
ReductionInCarryingAmountOfRightOfUseAsset
243000
CY2021Q2 us-gaap Gain Loss On Oil And Gas Hedging Activity
GainLossOnOilAndGasHedgingActivity
-174000
CY2020Q2 us-gaap Gain Loss On Oil And Gas Hedging Activity
GainLossOnOilAndGasHedgingActivity
67000
CY2021Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
2723000
CY2020Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
862000
CY2021Q2 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
2845000
CY2020Q2 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
1502000
CY2021Q2 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
318000
CY2020Q2 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
644000
CY2021Q2 us-gaap Deferred Compensation Arrangement With Individual Compensation Expense
DeferredCompensationArrangementWithIndividualCompensationExpense
-92000
CY2020Q2 us-gaap Deferred Compensation Arrangement With Individual Compensation Expense
DeferredCompensationArrangementWithIndividualCompensationExpense
-541000
CY2021Q2 us-gaap Share Based Compensation
ShareBasedCompensation
236000
CY2020Q2 us-gaap Share Based Compensation
ShareBasedCompensation
351000
CY2021Q2 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-10803000
CY2020Q2 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-14842000
CY2021Q2 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
5827000
CY2020Q2 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
6059000
CY2021Q2 voxx Increase Decrease In Non Traded Receivables From Vendors Current
IncreaseDecreaseInNonTradedReceivablesFromVendorsCurrent
80000
CY2020Q2 voxx Increase Decrease In Non Traded Receivables From Vendors Current
IncreaseDecreaseInNonTradedReceivablesFromVendorsCurrent
4000
CY2021Q2 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
1223000
CY2020Q2 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
255000
CY2021Q2 us-gaap Increase Decrease In Trading Securities
IncreaseDecreaseInTradingSecurities
-92000
CY2020Q2 us-gaap Increase Decrease In Trading Securities
IncreaseDecreaseInTradingSecurities
-541000
CY2021Q2 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-26777000
CY2020Q2 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
7638000
CY2021Q2 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
164000
CY2020Q2 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
675000
CY2021Q2 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-17043000
CY2020Q2 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
12285000
CY2021Q2 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
927000
CY2020Q2 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
586000
CY2021Q2 voxx Payment Of Promissory Notes
PaymentOfPromissoryNotes
3000000
CY2021Q2 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-3927000
CY2020Q2 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-586000
CY2021Q2 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
114000
CY2020Q2 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
169000
CY2021Q2 us-gaap Repayments Of Bank Debt
RepaymentsOfBankDebt
125000
CY2020Q2 us-gaap Repayments Of Bank Debt
RepaymentsOfBankDebt
125000
CY2020Q2 us-gaap Proceeds From Bank Debt
ProceedsFromBankDebt
20000000
CY2021Q2 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
660000
CY2021Q2 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
856000
CY2021Q2 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-1755000
CY2020Q2 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
19706000
CY2021Q2 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
31000
CY2020Q2 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
209000
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-22694000
CY2020Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
31614000
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
59404000
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
37425000
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
36710000
CY2020Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
69039000
CY2021Q2 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3
CY2021Q2 voxx Reconciling Items To Basic And Diluted Eps
ReconcilingItemsToBasicAndDilutedEPS
0
CY2021Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
24266242
CY2020Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
24224478
CY2021Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
659732
CY2020Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0
CY2021Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
24925974
CY2020Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
24224478
CY2021Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0
CY2020Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
596379
CY2021Q2 us-gaap Equity Securities Fv Ni
EquitySecuritiesFvNi
1685000
CY2021Q2 us-gaap Investments Fair Value Disclosure
InvestmentsFairValueDisclosure
1685000
CY2021Q1 us-gaap Equity Securities Fv Ni
EquitySecuritiesFvNi
1777000
CY2021Q1 us-gaap Investments Fair Value Disclosure
InvestmentsFairValueDisclosure
1777000
CY2021Q2 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
36710000
CY2021Q2 us-gaap Cash Flow Hedges Derivative Instruments At Fair Value Net
CashFlowHedgesDerivativeInstrumentsAtFairValueNet
-646000
CY2021Q1 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
59404000
CY2021Q1 us-gaap Cash Flow Hedges Derivative Instruments At Fair Value Net
CashFlowHedgesDerivativeInstrumentsAtFairValueNet
-765000
CY2015Q3 us-gaap Derivative Fixed Interest Rate
DerivativeFixedInterestRate
0.0348
CY2021Q2 us-gaap Cash Flow Hedges Derivative Instruments At Fair Value Net
CashFlowHedgesDerivativeInstrumentsAtFairValueNet
-646000
CY2021Q1 us-gaap Cash Flow Hedges Derivative Instruments At Fair Value Net
CashFlowHedgesDerivativeInstrumentsAtFairValueNet
-765000
CY2021Q2 us-gaap Gain Loss From Components Excluded From Assessment Of Cash Flow Hedge Effectiveness Net
GainLossFromComponentsExcludedFromAssessmentOfCashFlowHedgeEffectivenessNet
0
CY2021Q2 voxx Foreign Currency Contracts Terminated
ForeignCurrencyContractsTerminated
0
CY2021Q2 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
371000
CY2021Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
-121000
CY2021Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
492000
CY2021Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax
46000
CY2021Q2 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
0
CY2021Q2 voxx Change In Redeemable Equity
ChangeInRedeemableEquity
-34000
CY2020Q2 voxx Change In Redeemable Equity
ChangeInRedeemableEquity
201000
CY2021Q2 us-gaap Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
-903000
CY2020Q2 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
276000
CY2021Q2 us-gaap Operating Lease Payments
OperatingLeasePayments
341000
CY2020Q2 us-gaap Operating Lease Payments
OperatingLeasePayments
243000
CY2021Q2 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
4000
CY2020Q2 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
9000
CY2021Q2 us-gaap Interest Paid Net
InterestPaidNet
128000
CY2020Q2 us-gaap Interest Paid Net
InterestPaidNet
291000
CY2021Q2 us-gaap Income Taxes Paid
IncomeTaxesPaid
1553000
CY2020Q2 us-gaap Income Taxes Paid
IncomeTaxesPaid
466000
CY2020Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
100000
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
100000
CY2021Q1 us-gaap Shares Paid For Tax Withholding For Share Based Compensation
SharesPaidForTaxWithholdingForShareBasedCompensation
39347
CY2020Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1169000
CY2021Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Rolling Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseRollingYearFour
4052000
CY2021Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Rolling Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseRollingYearFive
3320000
CY2021Q2 us-gaap Proceeds From Sale And Collection Of Receivables
ProceedsFromSaleAndCollectionOfReceivables
12201000
CY2020Q2 us-gaap Proceeds From Sale And Collection Of Receivables
ProceedsFromSaleAndCollectionOfReceivables
18875000
CY2021Q2 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
2321000
CY2020Q2 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
1855000
CY2021Q2 us-gaap Goodwill
Goodwill
57408000
CY2021Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
84078000
CY2021Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
58743000
CY2021Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
25335000
CY2021Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
88699000
CY2021Q1 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
84069000
CY2021Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
57324000
CY2021Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
26745000
CY2021Q1 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
90104000
CY2021Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1411000
CY2021Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Next Rolling Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextRollingTwelveMonths
5417000
CY2021Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Rolling Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseRollingYearTwo
4545000
CY2021Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Rolling Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseRollingYearThree
4226000
CY2021Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
2723000
CY2020Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
862000
CY2021Q2 voxx Net Operating Loss Carried Back Period Cares Act
NetOperatingLossCarriedBackPeriodCARESAct
P2Y
CY2021Q2 voxx Net Operating Loss Carried Forward Period Cares Act
NetOperatingLossCarriedForwardPeriodCARESAct
P20Y
CY2021Q2 voxx Income Taxes Receivable Net Operating Loss Cares Act
IncomeTaxesReceivableNetOperatingLossCARESAct
4275000
CY2021Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
484000
CY2021Q2 us-gaap Unrecognized Tax Benefits Period Increase Decrease
UnrecognizedTaxBenefitsPeriodIncreaseDecrease
74000
CY2020Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1781000
CY2020Q2 us-gaap Unrecognized Tax Benefits Period Increase Decrease
UnrecognizedTaxBenefitsPeriodIncreaseDecrease
4292000
CY2021Q2 voxx Unrecognized Tax Benefits Period Increase Decrease Excluding Domestic Tax Jurisdiction From Estimated Annual Effective Tax Rate
UnrecognizedTaxBenefitsPeriodIncreaseDecreaseExcludingDomesticTaxJurisdictionFromEstimatedAnnualEffectiveTaxRate
4275000
CY2021Q2 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
17000
CY2021Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.212
CY2021Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
2281000
CY2020Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.243
CY2020Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-7324000
CY2021Q2 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2020Q2 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2021Q2 us-gaap Liability For Uncertain Tax Positions Noncurrent
LiabilityForUncertainTaxPositionsNoncurrent
1079000
CY2021Q2 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
20223000
CY2021Q1 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
21228000
CY2021Q2 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
1673000
CY2021Q1 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
1732000
CY2021Q2 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
115827000
CY2021Q1 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
107833000
CY2021Q2 us-gaap Inventory Net
InventoryNet
137723000
CY2021Q1 us-gaap Inventory Net
InventoryNet
130793000
CY2021Q1 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
5290000
CY2020Q1 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
4748000
CY2021Q2 us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
700000
CY2020Q2 us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
791000
CY2021Q2 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
600000
CY2020Q2 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
973000
CY2021Q2 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
5390000
CY2020Q2 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
4566000
CY2021Q1 us-gaap Restructuring Reserve Current
RestructuringReserveCurrent
31000
CY2021Q2 us-gaap Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
6989000
CY2021Q1 us-gaap Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
7114000
CY2021Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
500000
CY2021Q1 us-gaap Long Term Debt Current
LongTermDebtCurrent
500000
CY2021Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
6489000
CY2021Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
6614000
CY2021Q2 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
1229000
CY2021Q1 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
652000
CY2021Q2 us-gaap Long Term Debt
LongTermDebt
5260000
CY2021Q1 us-gaap Long Term Debt
LongTermDebt
5962000
CY2021Q2 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
101450000
CY2021Q2 us-gaap Debt Instrument Covenant Compliance
DebtInstrumentCovenantCompliance
Company is in a Compliance Period (the period commencing on that day in which Excess Availability is less than 15% of the Maximum Revolver Amount and ending on a day in which Excess Availability is equal to or greater than 15% for any consecutive 30-day period thereafter)
CY2021Q2 voxx Percentage Of Maximum Revolver Amount
PercentageOfMaximumRevolverAmount
0.15
CY2021Q2 us-gaap Line Of Credit Facility Commitment Fee Amount
LineOfCreditFacilityCommitmentFeeAmount
133000
CY2020Q2 us-gaap Line Of Credit Facility Commitment Fee Amount
LineOfCreditFacilityCommitmentFeeAmount
116000
CY2021Q2 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
660000
CY2021Q2 us-gaap Line Of Credit Facility Expiration Date1
LineOfCreditFacilityExpirationDate1
2026-04-19
CY2015Q3 us-gaap Longterm Construction Loan Current And Noncurrent
LongtermConstructionLoanCurrentAndNoncurrent
9995000
CY2021Q2 srt Mortgage Loans On Real Estate Interest Rate
MortgageLoansOnRealEstateInterestRate
0.70
CY2021Q2 us-gaap Deferred Finance Costs Gross
DeferredFinanceCostsGross
332000
CY2015Q3 us-gaap Derivative Fixed Interest Rate
DerivativeFixedInterestRate
0.0348
CY2021Q2 us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
116000
CY2020Q2 us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
-116000
CY2021Q2 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
7000
CY2020Q2 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
86000
CY2021Q2 us-gaap Rental Income Nonoperating
RentalIncomeNonoperating
164000
CY2020Q2 us-gaap Rental Income Nonoperating
RentalIncomeNonoperating
186000
CY2021Q2 us-gaap Other Nonoperating Gains Losses
OtherNonoperatingGainsLosses
155000
CY2020Q2 us-gaap Other Nonoperating Gains Losses
OtherNonoperatingGainsLosses
529000
CY2021Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
442000
CY2020Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
685000
CY2021Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
4572000
CY2021Q2 voxx Aggregate Operating Lease Right Of Use Assets
AggregateOperatingLeaseRightOfUseAssets
4559000
CY2021Q1 voxx Aggregate Operating Lease Right Of Use Assets
AggregateOperatingLeaseRightOfUseAssets
4572000
CY2021Q2 voxx Operating Lease Accrued Expenses And Other Current Liabilities
OperatingLeaseAccruedExpensesAndOtherCurrentLiabilities
1162000
CY2021Q1 voxx Operating Lease Accrued Expenses And Other Current Liabilities
OperatingLeaseAccruedExpensesAndOtherCurrentLiabilities
1119000
CY2021Q2 voxx Cumulative Inflation Rate Period
CumulativeInflationRatePeriod
P3Y
CY2021Q2 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0
CY2021Q2 us-gaap Short Term Lease Cost
ShortTermLeaseCost
0
CY2021Q2 us-gaap Operating Lease Cost
OperatingLeaseCost
341000
CY2020Q2 us-gaap Operating Lease Cost
OperatingLeaseCost
243000
CY2021Q2 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
121000
CY2020Q2 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
169000
CY2021Q2 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
4000
CY2020Q2 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
9000
CY2021Q2 voxx Finance Lease Cost
FinanceLeaseCost
125000
CY2020Q2 voxx Finance Lease Cost
FinanceLeaseCost
178000
CY2021Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
4559000
CY2021Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
3540000
CY2021Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
3582000
CY2021Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
4702000
CY2021Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
4701000
CY2021Q2 voxx Finance Lease Property Plant And Equipment Gross
FinanceLeasePropertyPlantAndEquipmentGross
2503000
CY2021Q1 voxx Finance Lease Property Plant And Equipment Gross
FinanceLeasePropertyPlantAndEquipmentGross
2503000
CY2021Q2 voxx Finance Lease Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
FinanceLeaseAccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1926000
CY2021Q1 voxx Finance Lease Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
FinanceLeaseAccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1805000
CY2021Q2 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
577000
CY2021Q1 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
698000
CY2021Q2 voxx Finance Lease Accrued Expenses And Other Current Liabilities
FinanceLeaseAccruedExpensesAndOtherCurrentLiabilities
366000
CY2021Q1 voxx Finance Lease Accrued Expenses And Other Current Liabilities
FinanceLeaseAccruedExpensesAndOtherCurrentLiabilities
418000
CY2021Q2 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
229000
CY2021Q1 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
302000
CY2021Q2 us-gaap Finance Lease Liability
FinanceLeaseLiability
595000
CY2021Q1 us-gaap Finance Lease Liability
FinanceLeaseLiability
720000
CY2021Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P5Y10M24D
CY2021Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P6Y
CY2021Q2 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P1Y9M18D
CY2021Q1 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P1Y9M18D
CY2021Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0440
CY2021Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0449
CY2021Q2 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.0387
CY2021Q1 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.0387
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
1319000
CY2021Q2 us-gaap Finance Lease Liability Payments Remainder Of Fiscal Year
FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear
374000
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
1022000
CY2021Q2 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
193000
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
756000
CY2021Q2 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
40000
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
558000
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
397000
CY2021Q2 voxx Lessee Operating Lease Liability Payments Due After Year Four
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFour
1196000
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
5248000
CY2021Q2 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
607000
CY2021Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
546000
CY2021Q2 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
12000
CY2021Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
4702000
CY2021Q2 us-gaap Finance Lease Liability
FinanceLeaseLiability
595000
CY2021Q2 us-gaap Treasury Stock Shares
TreasuryStockShares
2749218
CY2021Q1 us-gaap Treasury Stock Shares
TreasuryStockShares
2749218
CY2021Q2 us-gaap Debt Instrument Measurement Input
DebtInstrumentMeasurementInput
1.50
CY2021Q2 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3
CY2021Q2 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
3
CY2021Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
137060000
CY2021Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
2723000
CY2021Q2 us-gaap Interest And Debt Expense
InterestAndDebtExpense
528000
CY2021Q2 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
2807000
CY2021Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
2281000
CY2020Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
71987000
CY2020Q2 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
2543000
CY2020Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-7324000
CY2021Q2 us-gaap Contract With Customer Right To Recover Product
ContractWithCustomerRightToRecoverProduct
2185000
CY2021Q1 us-gaap Contract With Customer Right To Recover Product
ContractWithCustomerRightToRecoverProduct
2404000
CY2021Q2 us-gaap Contract With Customer Refund Liability
ContractWithCustomerRefundLiability
4575000
CY2021Q1 us-gaap Contract With Customer Refund Liability
ContractWithCustomerRefundLiability
5145000
CY2021Q1 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
5265000
CY2021Q2 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
1847000
CY2021Q1 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
0
CY2021Q2 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
0
CY2021Q2 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3
CY2021Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
137060000
CY2020Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
862000
CY2020Q2 us-gaap Interest And Debt Expense
InterestAndDebtExpense
799000
CY2020Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
71987000
CY2021Q2 us-gaap Loss Contingency Disclosures
LossContingencyDisclosures
<div style="align:left;"> <table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse; width:100%;"> <tr> <td style="width:7.02%;white-space:nowrap" valign="top"> <p style="text-align:justify;margin-top:10pt;margin-bottom:0pt;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><span style="font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(2</span><span style="font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">5</span><span style="font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">)</span></p></td> <td valign="top"> <p style="text-align:justify;margin-top:10pt;margin-bottom:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:Times New Roman;font-size:10pt;"><span style="text-decoration:underline;color:#000000;">Contingencies</span></p></td></tr></table></div> <p style="text-align:justify;margin-top:10pt;margin-bottom:0pt;margin-left:7.02%;text-indent:0%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The Company is currently, and has in the past, been a party to various routine legal proceedings incident to the ordinary course of business.  If management determines, based on the underlying facts and circumstances of each matter, that it is probable a loss will result from a litigation contingency and the amount of the loss can be reasonably estimated, the estimated loss is accrued for.  The Company does not believe that any current outstanding litigation matters will have a material adverse effect on the Company's financial statements, individually, or in the aggregate.</p> <p style="text-align:justify;margin-top:10pt;margin-bottom:0pt;margin-left:7.03%;text-indent:0%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The products the Company sells are continually changing as a result of improved technology.  As a result, although the Company and its suppliers attempt to avoid infringing known proprietary rights, the Company may be subject to legal proceedings and claims for alleged infringement by patent, trademark, or other intellectual property owners.  Any claims relating to the infringement of third-party proprietary rights, even if not meritorious, could result </p> <p style="text-align:justify;margin-top:10pt;margin-bottom:0pt;margin-left:7.03%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><span style="font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">in costly </span><span style="font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">litigation, divert management’s attention and resources, or require the Company to either enter into royalty or license agreements that are not advantageous to the Company, or pay material amounts of damages</span><span style="font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">.</span></p>

Files In Submission

Name View Source Status
R38.htm Edgar Link pending
0001564590-21-036305-index-headers.html Edgar Link pending
0001564590-21-036305-index.html Edgar Link pending
0001564590-21-036305.txt Edgar Link pending
0001564590-21-036305-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R69.htm Edgar Link pending
R7.htm Edgar Link pending
R70.htm Edgar Link pending
R71.htm Edgar Link pending
R72.htm Edgar Link pending
R73.htm Edgar Link pending
R74.htm Edgar Link pending
R75.htm Edgar Link pending
R76.htm Edgar Link pending
R77.htm Edgar Link pending
R78.htm Edgar Link pending
R79.htm Edgar Link pending
R8.htm Edgar Link pending
R80.htm Edgar Link pending
R81.htm Edgar Link pending
R82.htm Edgar Link pending
R83.htm Edgar Link pending
R84.htm Edgar Link pending
R85.htm Edgar Link pending
R86.htm Edgar Link pending
R87.htm Edgar Link pending
R88.htm Edgar Link pending
R89.htm Edgar Link pending
R9.htm Edgar Link pending
R90.htm Edgar Link pending
R91.htm Edgar Link pending
R92.htm Edgar Link pending
R93.htm Edgar Link pending
R94.htm Edgar Link pending
R95.htm Edgar Link pending
R96.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
voxx-10q_20210531.htm Edgar Link pending
voxx-10q_20210531_htm.xml Edgar Link completed
voxx-20210531.xsd Edgar Link pending
voxx-20210531_cal.xml Edgar Link unprocessable
voxx-20210531_def.xml Edgar Link unprocessable
voxx-20210531_lab.xml Edgar Link unprocessable
voxx-20210531_pre.xml Edgar Link unprocessable
voxx-ex311_6.htm Edgar Link pending
voxx-ex312_8.htm Edgar Link pending
voxx-ex321_7.htm Edgar Link pending
voxx-ex322_9.htm Edgar Link pending