2021 Q2 Form 10-Q Financial Statement
#000160154821000070 Filed on May 11, 2021
Income Statement
Concept | 2021 Q2 | 2020 Q2 |
---|---|---|
Revenue | $434.0M | $351.7M |
YoY Change | 23.39% | 6.08% |
Cost Of Revenue | $393.6M | $319.7M |
YoY Change | 23.13% | 6.37% |
Gross Profit | $40.36M | $32.04M |
YoY Change | 25.95% | 3.24% |
Gross Profit Margin | 9.3% | 9.11% |
Selling, General & Admin | $23.82M | $19.56M |
YoY Change | 21.81% | -1.44% |
% of Gross Profit | 59.03% | 61.04% |
Research & Development | ||
YoY Change | ||
% of Gross Profit | ||
Depreciation & Amortization | $1.548M | $996.0K |
YoY Change | 55.42% | -28.86% |
% of Gross Profit | 3.84% | 3.11% |
Operating Expenses | $23.82M | $19.56M |
YoY Change | 21.81% | -1.44% |
Operating Profit | $16.53M | $12.48M |
YoY Change | 32.44% | 11.53% |
Interest Expense | -$1.932M | -$1.703M |
YoY Change | 13.45% | 28.14% |
% of Operating Profit | -11.69% | -13.64% |
Other Income/Expense, Net | ||
YoY Change | ||
Pretax Income | $14.60M | $10.78M |
YoY Change | 35.45% | 9.29% |
Income Tax | $2.600M | $2.100M |
% Of Pretax Income | 17.81% | 19.48% |
Net Earnings | $12.05M | $8.668M |
YoY Change | 38.99% | 13.8% |
Net Earnings / Revenue | 2.78% | 2.46% |
Basic Earnings Per Share | $1.03 | $0.75 |
Diluted Earnings Per Share | $1.02 | $0.74 |
COMMON SHARES | ||
Basic Shares Outstanding | 11.65M shares | 11.55M shares |
Diluted Shares Outstanding | 11.83M shares | 11.75M shares |
Balance Sheet
Concept | 2021 Q2 | 2020 Q2 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $38.35M | $146.2M |
YoY Change | -73.77% | 107.97% |
Cash & Equivalents | $38.35M | $146.2M |
Short-Term Investments | ||
Other Short-Term Assets | $27.32M | $21.21M |
YoY Change | 28.79% | 1.46% |
Inventory | ||
Prepaid Expenses | ||
Receivables | $349.9M | $251.9M |
Other Receivables | $9.250M | $11.73M |
Total Short-Term Assets | $426.6M | $431.0M |
YoY Change | -1.01% | 31.2% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $21.41M | $18.54M |
YoY Change | 15.48% | 14.07% |
Goodwill | $315.4M | $262.0M |
YoY Change | 20.39% | 12.15% |
Intangibles | $71.25M | $13.91M |
YoY Change | 412.21% | 0.42% |
Long-Term Investments | ||
YoY Change | ||
Other Assets | $6.839M | $5.789M |
YoY Change | 18.14% | 36.76% |
Total Long-Term Assets | $435.7M | $312.6M |
YoY Change | 39.38% | 9.33% |
TOTAL ASSETS | ||
Total Short-Term Assets | $426.6M | $431.0M |
Total Long-Term Assets | $435.7M | $312.6M |
Total Assets | $862.3M | $743.6M |
YoY Change | 15.97% | 21.02% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $197.4M | $147.4M |
YoY Change | 33.99% | -6.43% |
Accrued Expenses | $41.25M | $39.33M |
YoY Change | 4.88% | 5.68% |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | $9.200M | $122.0M |
YoY Change | -92.46% | 2118.18% |
Total Short-Term Liabilities | $304.2M | $350.8M |
YoY Change | -13.28% | 42.74% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $166.4M | $61.14M |
YoY Change | 172.14% | -7.84% |
Other Long-Term Liabilities | $35.24M | $20.10M |
YoY Change | 75.35% | 97.52% |
Total Long-Term Liabilities | $243.6M | $128.5M |
YoY Change | 89.55% | -0.34% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $304.2M | $350.8M |
Total Long-Term Liabilities | $243.6M | $128.5M |
Total Liabilities | $547.9M | $479.4M |
YoY Change | 14.29% | 27.91% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | $234.1M | $193.7M |
YoY Change | 20.82% | 15.61% |
Common Stock | $117.0K | $116.0K |
YoY Change | 0.86% | 0.87% |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $314.5M | $264.2M |
YoY Change | ||
Total Liabilities & Shareholders Equity | $862.3M | $743.6M |
YoY Change | 15.97% | 21.02% |
Cashflow Statement
Concept | 2021 Q2 | 2020 Q2 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $12.05M | $8.668M |
YoY Change | 38.99% | 13.8% |
Depreciation, Depletion And Amortization | $1.548M | $996.0K |
YoY Change | 55.42% | -28.86% |
Cash From Operating Activities | -$21.73M | $1.137M |
YoY Change | -2011.08% | -94.81% |
INVESTING ACTIVITIES | ||
Capital Expenditures | -$2.611M | $900.0K |
YoY Change | -390.11% | -50.0% |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | ||
YoY Change | ||
Cash From Investing Activities | -$2.611M | -$917.0K |
YoY Change | 184.73% | -49.06% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | $2.000M | $1.500M |
YoY Change | 33.33% | |
Cash From Financing Activities | -$4.071M | $111.7M |
YoY Change | -103.64% | 6106.33% |
NET CHANGE | ||
Cash From Operating Activities | -$21.73M | $1.137M |
Cash From Investing Activities | -$2.611M | -$917.0K |
Cash From Financing Activities | -$4.071M | $111.7M |
Net Change In Cash | -$28.60M | $110.9M |
YoY Change | -125.8% | 406.18% |
FREE CASH FLOW | ||
Cash From Operating Activities | -$21.73M | $1.137M |
Capital Expenditures | -$2.611M | $900.0K |
Free Cash Flow | -$19.12M | $237.0K |
YoY Change | -8166.67% | -98.82% |
Facts In Submission
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CY2021Q2 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-2460000 | USD |
CY2020Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-27000 | USD |
CY2021Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
314466000 | USD |
CY2020Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
304938000 | USD |
CY2021Q2 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
862332000 | USD |
CY2020Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
843811000 | USD |
CY2021Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
12048000 | USD |
CY2020Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
8668000 | USD |
CY2021Q2 | us-gaap |
Depreciation
Depreciation
|
1548000 | USD |
CY2020Q2 | us-gaap |
Depreciation
Depreciation
|
996000 | USD |
CY2021Q2 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
2450000 | USD |
CY2020Q2 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
1015000 | USD |
CY2021Q2 | us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
-43000 | USD |
CY2020Q2 | us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
0 | USD |
CY2021Q2 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
2622000 | USD |
CY2020Q2 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
2367000 | USD |
CY2021Q2 | us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
232000 | USD |
CY2020Q2 | us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
99000 | USD |
CY2021Q2 | us-gaap |
Increase Decrease In Receivables
IncreaseDecreaseInReceivables
|
46544000 | USD |
CY2020Q2 | us-gaap |
Increase Decrease In Receivables
IncreaseDecreaseInReceivables
|
-3942000 | USD |
CY2021Q2 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
3785000 | USD |
CY2020Q2 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
5715000 | USD |
CY2021Q2 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
42054000 | USD |
CY2020Q2 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-162000 | USD |
CY2021Q2 | us-gaap |
Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
|
-2716000 | USD |
CY2020Q2 | us-gaap |
Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
|
1522000 | USD |
CY2021Q2 | us-gaap |
Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
|
-22818000 | USD |
CY2020Q2 | us-gaap |
Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
|
-9733000 | USD |
CY2021Q2 | us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
-12295000 | USD |
CY2020Q2 | us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
1182000 | USD |
CY2021Q2 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-21729000 | USD |
CY2020Q2 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
1137000 | USD |
CY2021Q2 | us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
2611000 | USD |
CY2020Q2 | us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
917000 | USD |
CY2021Q2 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-2611000 | USD |
CY2020Q2 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-917000 | USD |
CY2021Q2 | us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
2000000 | USD |
CY2020Q2 | us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
1500000 | USD |
CY2021Q2 | us-gaap |
Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
|
110000000 | USD |
CY2020Q2 | us-gaap |
Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
|
144000000 | USD |
CY2021Q2 | us-gaap |
Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
|
110000000 | USD |
CY2020Q2 | us-gaap |
Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
|
29000000 | USD |
CY2021Q2 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
113000 | USD |
CY2020Q2 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
1000 | USD |
CY2021Q2 | us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
2184000 | USD |
CY2020Q2 | us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
1787000 | USD |
CY2021Q2 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-4071000 | USD |
CY2020Q2 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
111714000 | USD |
CY2021Q2 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
-191000 | USD |
CY2020Q2 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
-1080000 | USD |
CY2021Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-28602000 | USD |
CY2020Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
110854000 | USD |
CY2020Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
68727000 | USD |
CY2019Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
35318000 | USD |
CY2021Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
40125000 | USD |
CY2020Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
146172000 | USD |
CY2021Q2 | us-gaap |
Interest Paid Net
InterestPaidNet
|
1371000 | USD |
CY2020Q2 | us-gaap |
Interest Paid Net
InterestPaidNet
|
1469000 | USD |
CY2021Q2 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
-97000 | USD |
CY2020Q2 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
36000 | USD |
CY2021Q2 | us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
132000 | USD |
CY2020Q2 | us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
606000 | USD |
CY2019Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
258865000 | USD |
CY2020Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
8668000 | USD |
CY2020Q2 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
-1934000 | USD |
CY2020Q2 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
|
-1290000 | USD |
CY2020Q2 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
1000 | USD |
CY2020Q2 | us-gaap |
Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
|
1787000 | USD |
CY2020Q2 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
1720000 | USD |
CY2020Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
264243000 | USD |
CY2020Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
304938000 | USD |
CY2021Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
12048000 | USD |
CY2021Q2 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
-2356000 | USD |
CY2021Q2 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
|
-77000 | USD |
CY2021Q2 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
114000 | USD |
CY2021Q2 | us-gaap |
Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
|
2184000 | USD |
CY2021Q2 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
1983000 | USD |
CY2021Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
314466000 | USD |
CY2021Q2 | us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
1 | segment |
CY2021Q2 | us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
1 | segment |
CY2021Q2 | us-gaap |
Restricted Cash
RestrictedCash
|
1800000 | USD |
CY2020Q4 | us-gaap |
Restricted Cash
RestrictedCash
|
1800000 | USD |
CY2021Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
38347000 | USD |
CY2020Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
66949000 | USD |
CY2021Q2 | us-gaap |
Restricted Cash
RestrictedCash
|
1778000 | USD |
CY2020Q4 | us-gaap |
Restricted Cash
RestrictedCash
|
1778000 | USD |
CY2021Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
40125000 | USD |
CY2020Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
68727000 | USD |
CY2021Q2 | us-gaap |
Revenue Performance Obligation Description Of Timing
RevenuePerformanceObligationDescriptionOfTiming
|
The Company's contracts are multi-year contracts and typically include an initial period of one year or less with annual one-year (or less) option periods | |
CY2021Q2 | us-gaap |
Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
|
1289000000 | USD |
CY2020Q4 | us-gaap |
Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
|
993000000 | USD |
CY2021Q2 | us-gaap |
Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
|
0.62 | |
CY2021Q2 | us-gaap |
Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
|
0.38 | |
CY2020Q2 | vec |
Contract With Customer Liability Cumulative Catch Up Adjustment To Revenue Unfavorable Operating Income Change In Measure Of Progress And Modification Of Contract
ContractWithCustomerLiabilityCumulativeCatchUpAdjustmentToRevenueUnfavorableOperatingIncomeChangeInMeasureOfProgressAndModificationOfContract
|
1300000 | USD |
CY2020 | vec |
Contract With Customer Liability Cumulative Catch Up Adjustment To Revenue Unfavorable Operating Income Change In Measure Of Progress And Modification Of Contract
ContractWithCustomerLiabilityCumulativeCatchUpAdjustmentToRevenueUnfavorableOperatingIncomeChangeInMeasureOfProgressAndModificationOfContract
|
2300000 | USD |
CY2021Q2 | vec |
Contract With Customer Liability Cumulative Catch Up Adjustment To Revenue Unfavorable Change In Measure Of Progress And Modification Of Contract
ContractWithCustomerLiabilityCumulativeCatchUpAdjustmentToRevenueUnfavorableChangeInMeasureOfProgressAndModificationOfContract
|
1900000 | USD |
CY2020Q2 | vec |
Contract With Customer Liability Cumulative Catch Up Adjustment To Revenue Unfavorable Change In Measure Of Progress And Modification Of Contract
ContractWithCustomerLiabilityCumulativeCatchUpAdjustmentToRevenueUnfavorableChangeInMeasureOfProgressAndModificationOfContract
|
1600000 | USD |
CY2021Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
434004000 | USD |
CY2020Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
351734000 | USD |
CY2021Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
434004000 | USD |
CY2020Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
351734000 | USD |
CY2021Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
434004000 | USD |
CY2020Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
351734000 | USD |
CY2021Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
434004000 | USD |
CY2020Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
351734000 | USD |
CY2021Q2 | us-gaap |
Contract With Customer Asset Net
ContractWithCustomerAssetNet
|
234400000 | USD |
CY2020Q4 | us-gaap |
Contract With Customer Asset Net
ContractWithCustomerAssetNet
|
203100000 | USD |
CY2021Q2 | us-gaap |
Billed Contract Receivables
BilledContractReceivables
|
115574000 | USD |
CY2020Q4 | us-gaap |
Billed Contract Receivables
BilledContractReceivables
|
102045000 | USD |
CY2021Q2 | us-gaap |
Unbilled Contracts Receivable
UnbilledContractsReceivable
|
234358000 | USD |
CY2020Q4 | us-gaap |
Unbilled Contracts Receivable
UnbilledContractsReceivable
|
203127000 | USD |
CY2021Q2 | us-gaap |
Other Receivables Net Current
OtherReceivablesNetCurrent
|
9250000 | USD |
CY2020Q4 | us-gaap |
Other Receivables Net Current
OtherReceivablesNetCurrent
|
9787000 | USD |
CY2021Q2 | us-gaap |
Receivables Net Current
ReceivablesNetCurrent
|
359182000 | USD |
CY2020Q4 | us-gaap |
Receivables Net Current
ReceivablesNetCurrent
|
314959000 | USD |
CY2020Q4 | us-gaap |
Goodwill
Goodwill
|
339702000 | USD |
CY2021Q2 | us-gaap |
Goodwill
Goodwill
|
315401000 | USD |
CY2021Q2 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
82844000 | USD |
CY2021Q2 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
11590000 | USD |
CY2021Q2 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
71254000 | USD |
CY2020Q4 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
57243000 | USD |
CY2020Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
9138000 | USD |
CY2020Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
48105000 | USD |
CY2021Q2 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
2500000 | USD |
CY2020Q2 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
1000000.0 | USD |
CY2021Q2 | us-gaap |
Finite Lived Intangible Assets Remaining Amortization Period1
FiniteLivedIntangibleAssetsRemainingAmortizationPeriod1
|
P9Y10M24D | |
CY2021Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
|
7328000 | USD |
CY2021Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
|
8257000 | USD |
CY2021Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
|
8157000 | USD |
CY2021Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
|
7050000 | USD |
CY2021Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
|
6253000 | USD |
CY2021Q2 | vec |
Finite Lived Intangible Asset Expected Amortization After Year Four
FiniteLivedIntangibleAssetExpectedAmortizationAfterYearFour
|
34209000 | USD |
CY2020Q4 | vec |
Line Of Credit Facility Accordian Feature Increase Limit
LineOfCreditFacilityAccordianFeatureIncreaseLimit
|
100000000.0 | USD |
CY2020Q4 | us-gaap |
Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
|
100000000.0 | USD |
CY2021Q2 | vec |
Lettersof Credit Outstanding Number Outstanding
LettersofCreditOutstandingNumberOutstanding
|
2 | letters_of_credit |
CY2021Q2 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
1825000 | USD |
CY2020Q2 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
2964000 | USD |
CY2021Q2 | us-gaap |
Variable Lease Cost
VariableLeaseCost
|
203000 | USD |
CY2020Q2 | us-gaap |
Variable Lease Cost
VariableLeaseCost
|
170000 | USD |
CY2021Q2 | us-gaap |
Short Term Lease Cost
ShortTermLeaseCost
|
13448000 | USD |
CY2020Q2 | us-gaap |
Short Term Lease Cost
ShortTermLeaseCost
|
10690000 | USD |
CY2021Q2 | us-gaap |
Lease Cost
LeaseCost
|
15476000 | USD |
CY2020Q2 | us-gaap |
Lease Cost
LeaseCost
|
13824000 | USD |
CY2021Q2 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
20802000 | USD |
CY2020Q4 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
18718000 | USD |
CY2021Q2 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
6093000 | USD |
CY2020Q4 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
6245000 | USD |
CY2021Q2 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
16374000 | USD |
CY2020Q4 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
13970000 | USD |
CY2021Q2 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
22467000 | USD |
CY2020Q4 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
20215000 | USD |
CY2021Q2 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
3900000 | USD |
CY2021Q2 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P5Y3M7D | |
CY2021Q2 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.041 | |
CY2021Q2 | us-gaap |
Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
|
5322000 | USD |
CY2021Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
5069000 | USD |
CY2021Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
4157000 | USD |
CY2021Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
|
2950000 | USD |
CY2021Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
|
2365000 | USD |
CY2021Q2 | vec |
Lessee Operating Lease Liability To Be Paid After Year Four
LesseeOperatingLeaseLiabilityToBePaidAfterYearFour
|
5396000 | USD |
CY2021Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
25259000 | USD |
CY2021Q2 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
2792000 | USD |
CY2021Q2 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
22467000 | USD |
CY2021Q2 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
2622000 | USD |
CY2020Q2 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
2367000 | USD |
CY2021Q2 | us-gaap |
Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
|
569000 | USD |
CY2020Q2 | us-gaap |
Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
|
511000 | USD |
CY2021Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
2600000 | USD |
CY2020Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
2100000 | USD |
CY2021Q2 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.175 | |
CY2020Q2 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.196 | |
CY2021Q2 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
8000000.0 | USD |
CY2020Q4 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
7400000 | USD |
CY2021Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
12048000 | USD |
CY2020Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
8668000 | USD |
CY2021Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
11648000 | shares |
CY2020Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
11545000 | shares |
CY2021Q2 | us-gaap |
Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
|
43000 | shares |
CY2020Q2 | us-gaap |
Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
|
41000 | shares |
CY2021Q2 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
136000 | shares |
CY2020Q2 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
159000 | shares |
CY2021Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
11827000 | shares |
CY2020Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
11745000 | shares |
CY2021Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.03 | |
CY2020Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.75 | |
CY2021Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.02 | |
CY2020Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.74 | |
CY2021Q2 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
1000 | shares |
CY2020Q2 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
1000 | shares |
CY2021Q2 | us-gaap |
Multiemployer Plan Employer Contribution Cost
MultiemployerPlanEmployerContributionCost
|
200000 | USD |
CY2020Q2 | us-gaap |
Multiemployer Plan Employer Contribution Cost
MultiemployerPlanEmployerContributionCost
|
1000000.0 | USD |
CY2021Q2 | vec |
Number Of Multiemployer Pension Plans
NumberOfMultiemployerPensionPlans
|
1 | plan |
CY2020Q2 | vec |
Number Of Multiemployer Pension Plans
NumberOfMultiemployerPensionPlans
|
8 | plan |