2022 Q2 Form 10-Q Financial Statement
#000160154822000073 Filed on May 10, 2022
Income Statement
Concept | 2022 Q2 | 2021 Q4 | 2021 Q2 |
---|---|---|---|
Revenue | $456.5M | $459.4M | $434.0M |
YoY Change | 5.18% | 30.36% | 23.39% |
Cost Of Revenue | $419.3M | $418.9M | $393.6M |
YoY Change | 6.51% | 30.81% | 23.13% |
Gross Profit | $37.20M | $40.51M | $40.36M |
YoY Change | -7.83% | 13.51% | 25.95% |
Gross Profit Margin | 8.15% | 8.82% | 9.3% |
Selling, General & Admin | $31.96M | $27.62M | $23.82M |
YoY Change | 34.15% | 59.24% | 21.81% |
% of Gross Profit | 85.92% | 68.18% | 59.03% |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $1.591M | $4.321M | $1.548M |
YoY Change | 2.78% | 116.05% | 55.42% |
% of Gross Profit | 4.28% | 10.67% | 3.84% |
Operating Expenses | $31.96M | $27.62M | $23.82M |
YoY Change | 34.15% | 59.24% | 21.81% |
Operating Profit | $5.237M | $12.89M | $16.53M |
YoY Change | -68.32% | -13.12% | 32.44% |
Interest Expense | -$1.681M | -$1.955M | -$1.932M |
YoY Change | -12.99% | 108.2% | 13.45% |
% of Operating Profit | -32.1% | -15.17% | -11.69% |
Other Income/Expense, Net | |||
YoY Change | |||
Pretax Income | $3.556M | $10.94M | $14.60M |
YoY Change | -75.65% | -21.32% | 35.45% |
Income Tax | $700.0K | $700.0K | $2.600M |
% Of Pretax Income | 19.69% | 6.4% | 17.81% |
Net Earnings | $2.855M | $10.26M | $12.05M |
YoY Change | -76.3% | -1.28% | 38.99% |
Net Earnings / Revenue | 0.63% | 2.23% | 2.78% |
Basic Earnings Per Share | $0.24 | $0.87 | $1.03 |
Diluted Earnings Per Share | $0.24 | $0.87 | $1.02 |
COMMON SHARES | |||
Basic Shares Outstanding | 11.76M shares | 11.73M shares | 11.65M shares |
Diluted Shares Outstanding | 11.90M shares | 11.85M shares | 11.83M shares |
Balance Sheet
Concept | 2022 Q2 | 2021 Q4 | 2021 Q2 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $23.00M | $56.23M | $38.35M |
YoY Change | -40.02% | -11.72% | -73.77% |
Cash & Equivalents | $23.00M | $38.51M | $38.35M |
Short-Term Investments | |||
Other Short-Term Assets | $11.08M | $15.06M | $27.32M |
YoY Change | -59.43% | 74.75% | 28.79% |
Inventory | |||
Prepaid Expenses | $25.92M | $21.16M | |
Receivables | $371.6M | $331.0M | $349.9M |
Other Receivables | $5.943M | $4.552M | $9.250M |
Total Short-Term Assets | $437.6M | $423.3M | $426.6M |
YoY Change | 2.57% | 3.66% | -1.01% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $24.05M | $23.76M | $21.41M |
YoY Change | 12.33% | 5.25% | 15.48% |
Goodwill | $321.7M | $321.7M | $315.4M |
YoY Change | 2.0% | -5.3% | 20.39% |
Intangibles | $64.28M | $66.58M | $71.25M |
YoY Change | -9.79% | 38.41% | 412.21% |
Long-Term Investments | $4.600M | $5.400M | |
YoY Change | 285.71% | ||
Other Assets | $9.876M | $10.39M | $6.839M |
YoY Change | 44.41% | 64.33% | 18.14% |
Total Long-Term Assets | $462.0M | $466.1M | $435.7M |
YoY Change | 6.04% | 7.05% | 39.38% |
TOTAL ASSETS | |||
Total Short-Term Assets | $437.6M | $423.3M | $426.6M |
Total Long-Term Assets | $462.0M | $466.1M | $435.7M |
Total Assets | $899.6M | $889.5M | $862.3M |
YoY Change | 4.32% | 5.41% | 15.97% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $234.7M | $212.5M | $197.4M |
YoY Change | 18.87% | 33.18% | 33.99% |
Accrued Expenses | $55.42M | $55.03M | $41.25M |
YoY Change | 34.36% | 35.35% | 4.88% |
Deferred Revenue | $15.70M | ||
YoY Change | 20.17% | ||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | $10.40M | $10.40M | $9.200M |
YoY Change | 13.04% | 20.93% | -92.46% |
Total Short-Term Liabilities | $359.6M | $358.2M | $304.2M |
YoY Change | 18.19% | 24.21% | -13.28% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $108.4M | $94.25M | $166.4M |
YoY Change | -34.85% | -44.15% | 172.14% |
Other Long-Term Liabilities | $11.64M | $20.13M | $35.24M |
YoY Change | -66.96% | -29.01% | 75.35% |
Total Long-Term Liabilities | $185.8M | $181.1M | $243.6M |
YoY Change | -23.72% | -27.68% | 89.55% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $359.6M | $358.2M | $304.2M |
Total Long-Term Liabilities | $185.8M | $181.1M | $243.6M |
Total Liabilities | $545.4M | $539.4M | $547.9M |
YoY Change | -0.45% | 0.09% | 14.29% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | $270.6M | $267.8M | $234.1M |
YoY Change | 15.61% | 20.6% | 20.82% |
Common Stock | $118.0K | $117.0K | $117.0K |
YoY Change | 0.85% | 0.86% | 0.86% |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $354.2M | $350.1M | $314.5M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $899.6M | $889.5M | $862.3M |
YoY Change | 4.32% | 5.41% | 15.97% |
Cashflow Statement
Concept | 2022 Q2 | 2021 Q4 | 2021 Q2 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $2.855M | $10.26M | $12.05M |
YoY Change | -76.3% | -1.28% | 38.99% |
Depreciation, Depletion And Amortization | $1.591M | $4.321M | $1.548M |
YoY Change | 2.78% | 116.05% | 55.42% |
Cash From Operating Activities | -$26.38M | $39.35M | -$21.73M |
YoY Change | 21.41% | 1092.48% | -2011.08% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$2.195M | -$2.817M | -$2.611M |
YoY Change | -15.93% | -356.09% | -390.11% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $17.00K | -$650.0K | |
YoY Change | |||
Cash From Investing Activities | -$2.178M | -$3.467M | -$2.611M |
YoY Change | -16.58% | 215.18% | 184.73% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | $2.600M | $2.000M | |
YoY Change | 30.0% | 33.33% | |
Cash From Financing Activities | $12.32M | -47.04M | -$4.071M |
YoY Change | -402.53% | 2840.31% | -103.64% |
NET CHANGE | |||
Cash From Operating Activities | -$26.38M | 39.35M | -$21.73M |
Cash From Investing Activities | -$2.178M | -3.467M | -$2.611M |
Cash From Financing Activities | $12.32M | -47.04M | -$4.071M |
Net Change In Cash | -$15.51M | -11.16M | -$28.60M |
YoY Change | -45.76% | -1960.0% | -125.8% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$26.38M | $39.35M | -$21.73M |
Capital Expenditures | -$2.195M | -$2.817M | -$2.611M |
Free Cash Flow | -$24.19M | $42.17M | -$19.12M |
YoY Change | 26.51% | 1816.77% | -8166.67% |
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|
0.01 | |
CY2021Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2022Q2 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2022Q2 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2021Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2022Q2 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
CY2021Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
CY2022Q2 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2022Q2 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
100000000 | shares |
CY2021Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
100000000 | shares |
CY2022Q2 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
11805000 | shares |
CY2022Q2 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
11805000 | shares |
CY2021Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
11738000 | shares |
CY2021Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
11738000 | shares |
CY2022Q2 | us-gaap |
Common Stock Value
CommonStockValue
|
118000 | USD |
CY2021Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
117000 | USD |
CY2022Q2 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
89590000 | USD |
CY2021Q4 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
88116000 | USD |
CY2022Q2 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
270609000 | USD |
CY2021Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
267754000 | USD |
CY2022Q2 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-6142000 | USD |
CY2021Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-5900000 | USD |
CY2022Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
354175000 | USD |
CY2021Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
350087000 | USD |
CY2022Q2 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
899590000 | USD |
CY2021Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
889459000 | USD |
CY2022Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
2855000 | USD |
CY2021Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
12048000 | USD |
CY2022Q2 | us-gaap |
Depreciation
Depreciation
|
1591000 | USD |
CY2021Q2 | us-gaap |
Depreciation
Depreciation
|
1548000 | USD |
CY2022Q2 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
2301000 | USD |
CY2022Q2 | us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
16000 | USD |
CY2021Q2 | us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
-43000 | USD |
CY2022Q2 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
2558000 | USD |
CY2021Q2 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
2622000 | USD |
CY2022Q2 | us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
204000 | USD |
CY2021Q2 | us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
232000 | USD |
CY2022Q2 | us-gaap |
Increase Decrease In Receivables
IncreaseDecreaseInReceivables
|
29898000 | USD |
CY2021Q2 | us-gaap |
Increase Decrease In Receivables
IncreaseDecreaseInReceivables
|
46544000 | USD |
CY2022Q2 | us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
4849000 | USD |
CY2021Q2 | us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
3137000 | USD |
CY2022Q2 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
-4520000 | USD |
CY2021Q2 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
648000 | USD |
CY2022Q2 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
22693000 | USD |
CY2021Q2 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
42054000 | USD |
CY2022Q2 | us-gaap |
Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
|
0 | USD |
CY2021Q2 | us-gaap |
Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
|
-2716000 | USD |
CY2022Q2 | us-gaap |
Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
|
-21138000 | USD |
CY2021Q2 | us-gaap |
Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
|
-22818000 | USD |
CY2022Q2 | us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
-7202000 | USD |
CY2021Q2 | us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
-12295000 | USD |
CY2022Q2 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-26381000 | USD |
CY2021Q2 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-21729000 | USD |
CY2022Q2 | us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
2195000 | USD |
CY2021Q2 | us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
2611000 | USD |
CY2022Q2 | us-gaap |
Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
|
17000 | USD |
CY2021Q2 | us-gaap |
Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
|
0 | USD |
CY2022Q2 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-2178000 | USD |
CY2021Q2 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-2611000 | USD |
CY2022Q2 | us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
2600000 | USD |
CY2021Q2 | us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
2000000 | USD |
CY2022Q2 | us-gaap |
Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
|
217000000 | USD |
CY2021Q2 | us-gaap |
Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
|
110000000 | USD |
CY2022Q2 | us-gaap |
Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
|
200000000 | USD |
CY2021Q2 | us-gaap |
Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
|
110000000 | USD |
CY2022Q2 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
0 | USD |
CY2021Q2 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
113000 | USD |
CY2022Q2 | us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
458000 | USD |
CY2021Q2 | us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
0 | USD |
CY2022Q2 | us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
1626000 | USD |
CY2021Q2 | us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
2184000 | USD |
CY2022Q2 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
12316000 | USD |
CY2021Q2 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-4071000 | USD |
CY2022Q2 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
729000 | USD |
CY2021Q2 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
-191000 | USD |
CY2022Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-15514000 | USD |
CY2021Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-28602000 | USD |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
38513000 | USD |
CY2020Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
68727000 | USD |
CY2021Q2 | us-gaap |
Interest Paid Net
InterestPaidNet
|
1371000 | USD |
CY2022Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
22999000 | USD |
CY2021Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
40125000 | USD |
CY2022Q2 | us-gaap |
Interest Paid Net
InterestPaidNet
|
1513000 | USD |
CY2022Q2 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
66000 | USD |
CY2021Q2 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
-97000 | USD |
CY2022Q2 | us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
5000 | USD |
CY2021Q2 | us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
132000 | 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 |
CY2021Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
350087000 | USD |
CY2022Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
2855000 | USD |
CY2022Q2 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
-616000 | USD |
CY2022Q2 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
|
374000 | USD |
CY2022Q2 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
1000 | USD |
CY2022Q2 | us-gaap |
Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
|
1626000 | USD |
CY2022Q2 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
3100000 | USD |
CY2022Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
354175000 | USD |
CY2022Q2 | us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
1 | segment |
CY2022Q2 | us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
1 | segment |
CY2022Q2 | us-gaap |
Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
|
800000 | USD |
CY2022Q2 | us-gaap |
Equity Method Investments
EquityMethodInvestments
|
4600000 | USD |
CY2021Q4 | us-gaap |
Equity Method Investments
EquityMethodInvestments
|
5400000 | USD |
CY2022Q1 | vec |
Merger Agreement Potential Termination Fee
MergerAgreementPotentialTerminationFee
|
16600000 | USD |
CY2022Q2 | 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 | |
CY2022Q2 | us-gaap |
Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
|
1288000000 | USD |
CY2021Q4 | us-gaap |
Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
|
1398000000 | USD |
CY2022Q2 | us-gaap |
Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
|
0.64 | |
CY2022Q2 | us-gaap |
Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
|
0.36 | |
CY2022Q2 | vec |
Contract With Customer Liability Cumulative Catch Up Adjustment To Revenue Favorable Operating Income Change In Measure Of Progress And Modification Of Contract
ContractWithCustomerLiabilityCumulativeCatchUpAdjustmentToRevenueFavorableOperatingIncomeChangeInMeasureOfProgressAndModificationOfContract
|
600000 | USD |
CY2021Q2 | 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 |
CY2022Q2 | vec |
Contract With Customer Liability Cumulative Catch Up Adjustment To Revenue Favorable Change In Measure Of Progress And Modification Of Contract
ContractWithCustomerLiabilityCumulativeCatchUpAdjustmentToRevenueFavorableChangeInMeasureOfProgressAndModificationOfContract
|
600000 | 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 |
CY2022Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
456471000 | USD |
CY2021Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
434004000 | USD |
CY2022Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
456471000 | USD |
CY2021Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
434004000 | USD |
CY2022Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
456471000 | USD |
CY2021Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
434004000 | USD |
CY2022Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
456471000 | USD |
CY2021Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
434004000 | USD |
CY2022Q2 | us-gaap |
Contract With Customer Asset Net
ContractWithCustomerAssetNet
|
235300000 | USD |
CY2021Q4 | us-gaap |
Contract With Customer Asset Net
ContractWithCustomerAssetNet
|
240000000 | USD |
CY2022Q2 | us-gaap |
Billed Contract Receivables
BilledContractReceivables
|
136287000 | USD |
CY2021Q4 | us-gaap |
Billed Contract Receivables
BilledContractReceivables
|
104074000 | USD |
CY2022Q2 | us-gaap |
Unbilled Contracts Receivable
UnbilledContractsReceivable
|
235341000 | USD |
CY2021Q4 | us-gaap |
Unbilled Contracts Receivable
UnbilledContractsReceivable
|
239979000 | USD |
CY2022Q2 | us-gaap |
Other Receivables Net Current
OtherReceivablesNetCurrent
|
5943000 | USD |
CY2021Q4 | us-gaap |
Other Receivables Net Current
OtherReceivablesNetCurrent
|
4552000 | USD |
CY2022Q2 | us-gaap |
Receivables Net Current
ReceivablesNetCurrent
|
377571000 | USD |
CY2021Q4 | us-gaap |
Receivables Net Current
ReceivablesNetCurrent
|
348605000 | USD |
CY2021Q4 | us-gaap |
Goodwill
Goodwill
|
321700000 | USD |
CY2022Q2 | us-gaap |
Goodwill
Goodwill
|
321700000 | USD |
CY2022Q2 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
85749000 | USD |
CY2022Q2 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
21468000 | USD |
CY2022Q2 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
64281000 | USD |
CY2021Q4 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
85749000 | USD |
CY2021Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
19167000 | USD |
CY2021Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
66582000 | USD |
CY2022Q2 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
2300000 | USD |
CY2021Q2 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
2500000 | USD |
CY2022Q2 | us-gaap |
Finite Lived Intangible Assets Remaining Amortization Period1
FiniteLivedIntangibleAssetsRemainingAmortizationPeriod1
|
P9Y2M12D | |
CY2022Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
|
6365000 | USD |
CY2022Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
|
8486000 | USD |
CY2022Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
|
7379000 | USD |
CY2022Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
|
6582000 | USD |
CY2022Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
|
6112000 | USD |
CY2022Q2 | vec |
Finite Lived Intangible Asset Expected Amortization After Year Four
FiniteLivedIntangibleAssetExpectedAmortizationAfterYearFour
|
29357000 | USD |
CY2020Q4 | vec |
Line Of Credit Facility Accordian Feature Increase Limit
LineOfCreditFacilityAccordianFeatureIncreaseLimit
|
100000000 | USD |
CY2020Q4 | us-gaap |
Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
|
100000000 | USD |
CY2022Q2 | vec |
Lettersof Credit Outstanding Number Outstanding
LettersofCreditOutstandingNumberOutstanding
|
2 | letters_of_credit |
CY2022Q2 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
3673000 | USD |
CY2021Q2 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
1825000 | USD |
CY2022Q2 | us-gaap |
Variable Lease Cost
VariableLeaseCost
|
130000 | USD |
CY2021Q2 | us-gaap |
Variable Lease Cost
VariableLeaseCost
|
203000 | USD |
CY2022Q2 | us-gaap |
Short Term Lease Cost
ShortTermLeaseCost
|
13669000 | USD |
CY2021Q2 | us-gaap |
Short Term Lease Cost
ShortTermLeaseCost
|
13448000 | USD |
CY2022Q2 | us-gaap |
Lease Cost
LeaseCost
|
17472000 | USD |
CY2021Q2 | us-gaap |
Lease Cost
LeaseCost
|
15476000 | USD |
CY2022Q2 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
42074000 | USD |
CY2021Q4 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
43651000 | USD |
CY2022Q2 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
33167000 | USD |
CY2022Q2 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
11979000 | USD |
CY2021Q4 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
11983000 | USD |
CY2021Q4 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
34536000 | USD |
CY2022Q2 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
45146000 | USD |
CY2021Q4 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
46519000 | USD |
CY2022Q2 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
1900000 | USD |
CY2022Q2 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P5Y2M12D | |
CY2022Q2 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.037 | |
CY2022Q2 | us-gaap |
Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
|
9842000 | USD |
CY2022Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
13121000 | USD |
CY2022Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
8607000 | USD |
CY2022Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
|
4565000 | USD |
CY2022Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
|
3889000 | USD |
CY2022Q2 | vec |
Lessee Operating Lease Liability To Be Paid After Year Four
LesseeOperatingLeaseLiabilityToBePaidAfterYearFour
|
10480000 | USD |
CY2022Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
50504000 | USD |
CY2022Q2 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
5358000 | USD |
CY2022Q2 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
45146000 | USD |
CY2022Q2 | us-gaap |
Contractual Obligation
ContractualObligation
|
20000000 | USD |
CY2022Q2 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
2558000 | USD |
CY2021Q2 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
2622000 | USD |
CY2022Q2 | us-gaap |
Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
|
555000 | USD |
CY2021Q2 | us-gaap |
Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
|
569000 | USD |
CY2022Q2 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
|
9300000 | USD |
CY2021Q2 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
|
2600000 | USD |
CY2022Q2 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
|
P2Y3M | |
CY2021Q2 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
|
P2Y4M9D | |
CY2022Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
700000 | USD |
CY2021Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
2600000 | USD |
CY2022Q2 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.197 | |
CY2021Q2 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.175 | |
CY2022Q2 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
9500000 | USD |
CY2021Q4 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
9300000 | USD |
CY2022Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
2855000 | USD |
CY2021Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
12048000 | USD |
CY2022Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
11759000 | shares |
CY2021Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
11648000 | shares |
CY2022Q2 | us-gaap |
Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
|
27000 | shares |
CY2021Q2 | us-gaap |
Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
|
43000 | shares |
CY2022Q2 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
116000 | shares |
CY2021Q2 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
136000 | shares |
CY2022Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
11902000 | shares |
CY2021Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
11827000 | shares |
CY2022Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.24 | |
CY2021Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.03 | |
CY2022Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.24 | |
CY2021Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.02 | |
CY2022Q2 | us-gaap |
Deferred Compensation Plan Assets
DeferredCompensationPlanAssets
|
800000 | USD |
CY2021Q4 | us-gaap |
Deferred Compensation Plan Assets
DeferredCompensationPlanAssets
|
500000 | USD |
CY2022Q2 | us-gaap |
Multiemployer Plan Employer Contribution Cost
MultiemployerPlanEmployerContributionCost
|
200000 | USD |
CY2021Q2 | us-gaap |
Multiemployer Plan Employer Contribution Cost
MultiemployerPlanEmployerContributionCost
|
200000 | USD |