10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001558370-19-003854 |
| Period End Date | 20190331 |
| Filing Date | 20190502 |
| Fiscal Year | 2019 |
| Fiscal Period | Q1 |
| XBRL Instance | cnxn-20190331.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
53 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$93.47M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$91.70M | USD | Point-in-time |
| Accounts receivable, net |
AccountsReceivableNetCurrent
|
$433.95M | USD | Point-in-time |
| Accounts receivable, net |
AccountsReceivableNetCurrent
|
$447.70M | USD | Point-in-time |
| Inventories, net |
InventoryNet
|
$137.66M | USD | Point-in-time |
| Inventories, net |
InventoryNet
|
$119.19M | USD | Point-in-time |
| Income taxes receivable |
IncomeTaxesReceivable
|
$922.00K | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$7.26M | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$9.66M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$669.18M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$672.34M | USD | Point-in-time |
| Property and equipment, net |
PropertyPlantAndEquipmentNet
|
$55.44M | USD | Point-in-time |
| Property and equipment, net |
PropertyPlantAndEquipmentNet
|
$51.80M | USD | Point-in-time |
| Right-of-use assets, net |
OperatingLeaseRightOfUseAsset
|
$18.72M | USD | Point-in-time |
| Right-of-use assets, net |
OperatingLeaseRightOfUseAsset
|
$16.75M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$73.60M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$73.60M | USD | Point-in-time |
| Intangibles assets, net |
IntangibleAssetsNetExcludingGoodwill
|
$9.56M | USD | Point-in-time |
| Intangibles assets, net |
IntangibleAssetsNetExcludingGoodwill
|
$9.22M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$1.09M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$1.21M | USD | Point-in-time |
| Total Assets |
Assets
|
$805.36M | USD | Point-in-time |
| Total Assets |
Assets
|
$828.45M | USD | Point-in-time |
| Total Assets |
Assets
|
$703.57M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$204.20M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$201.64M | USD | Point-in-time |
| Accrued payroll |
EmployeeRelatedLiabilitiesCurrent
|
$24.32M | USD | Point-in-time |
| Accrued payroll |
EmployeeRelatedLiabilitiesCurrent
|
$18.07M | USD | Point-in-time |
| Accrued expenses and other liabilities |
AccruedLiabilitiesAndOtherLiabilities
|
$33.84M | USD | Point-in-time |
| Accrued expenses and other liabilities |
AccruedLiabilitiesAndOtherLiabilities
|
$36.62M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$258.88M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$259.80M | USD | Point-in-time |
| Deferred income taxes |
DeferredIncomeTaxLiabilitiesNet
|
$17.18M | USD | Point-in-time |
| Deferred income taxes |
DeferredIncomeTaxLiabilitiesNet
|
$17.18M | USD | Point-in-time |
| Operating lease liability |
OperatingLeaseLiabilityNoncurrent
|
$13.21M | USD | Point-in-time |
| Other liabilities |
OtherLiabilitiesNoncurrent
|
$2.47M | USD | Point-in-time |
| Other liabilities |
OtherLiabilitiesNoncurrent
|
$1.58M | USD | Point-in-time |
| Total Liabilities |
Liabilities
|
$279.45M | USD | Point-in-time |
| Total Liabilities |
Liabilities
|
$290.86M | USD | Point-in-time |
| Common stock |
CommonStockValue
|
$288.00K | USD | Point-in-time |
| Common stock |
CommonStockValue
|
$288.00K | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$115.84M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$116.10M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$441.01M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$453.74M | USD | Point-in-time |
| Treasury stock, at cost |
TreasuryStockCommonValue
|
$32.53M | USD | Point-in-time |
| Treasury stock, at cost |
TreasuryStockCommonValue
|
$31.24M | USD | Point-in-time |
| Total Stockholders' Equity |
StockholdersEquity
|
$525.90M | USD | Point-in-time |
| Total Stockholders' Equity |
StockholdersEquity
|
$537.59M | USD | Point-in-time |
| Total Stockholders' Equity |
StockholdersEquity
|
$482.25M | USD | Point-in-time |
| Total Stockholders' Equity |
StockholdersEquity
|
$491.96M | USD | Point-in-time |
| Total Liabilities and Stockholders' Equity |
LiabilitiesAndStockholdersEquity
|
$805.36M | USD | Point-in-time |
| Total Liabilities and Stockholders' Equity |
LiabilitiesAndStockholdersEquity
|
$828.45M | USD | Point-in-time |
Income Statement
28 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net sales |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$632.92M | USD | 1 Quarter |
| Net sales |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$624.89M | USD | 1 Quarter |
| Cost of sales |
CostOfGoodsAndServicesSold
|
$528.52M | USD | 1 Quarter |
| Cost of sales |
CostOfGoodsAndServicesSold
|
$533.57M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$96.37M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$99.35M | USD | 1 Quarter |
| Selling, general and administrative expenses |
SellingGeneralAndAdministrativeExpense
|
$80.90M | USD | 1 Quarter |
| Selling, general and administrative expenses |
SellingGeneralAndAdministrativeExpense
|
$81.23M | USD | 1 Quarter |
| Restructuring and other charges |
RestructuringAndOtherCharges
|
$703.00K | USD | 1 Quarter |
| Restructuring and other charges |
RestructuringAndOtherCharges
|
- | USD | 1 Quarter |
| Income from operations |
OperatingIncomeLoss
|
$17.41M | USD | 1 Quarter |
| Income from operations |
OperatingIncomeLoss
|
$15.47M | USD | 1 Quarter |
| Interest income, net |
InterestIncomeExpenseNet
|
$198.00K | USD | 1 Quarter |
| Interest income, net |
InterestIncomeExpenseNet
|
$116.00K | USD | 1 Quarter |
| Income before taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$17.61M | USD | 1 Quarter |
| Income before taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$15.59M | USD | 1 Quarter |
| Income tax provision |
IncomeTaxExpenseBenefit
|
$4.88M | USD | 1 Quarter |
| Income tax provision |
IncomeTaxExpenseBenefit
|
$4.29M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$11.30M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$12.73M | USD | 1 Quarter |
| Basic |
EarningsPerShareBasic
|
$0.48 | USD | 1 Quarter |
| Basic |
EarningsPerShareBasic
|
$0.42 | USD | 1 Quarter |
| Diluted |
EarningsPerShareDiluted
|
$0.48 | USD | 1 Quarter |
| Diluted |
EarningsPerShareDiluted
|
$0.42 | USD | 1 Quarter |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
26.36M | shares | 1 Quarter |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
26.84M | shares | 1 Quarter |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
26.52M | shares | 1 Quarter |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
26.92M | shares | 1 Quarter |
Cash Flow Statement
49 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
ProfitLoss
|
$12.73M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$11.30M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$3.30M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$3.71M | USD | 1 Quarter |
| Provision for doubtful accounts |
ProvisionForDoubtfulAccounts
|
$417.00K | USD | 1 Quarter |
| Provision for doubtful accounts |
ProvisionForDoubtfulAccounts
|
$256.00K | USD | 1 Quarter |
| Stock-based compensation expense |
ShareBasedCompensation
|
$269.00K | USD | 1 Quarter |
| Stock-based compensation expense |
ShareBasedCompensation
|
$207.00K | USD | 1 Quarter |
| Deferred income taxes |
DeferredIncomeTaxExpenseBenefit
|
$429.00K | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$-57.39M | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$-13.49M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$18.47M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$-10.30M | USD | 1 Quarter |
| Prepaid expenses, income tax receivables and other current assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$-3.32M | USD | 1 Quarter |
| Prepaid expenses, income tax receivables and other current assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$-2.72M | USD | 1 Quarter |
| Other non-current assets |
IncreaseDecreaseInOtherNoncurrentAssets
|
$1.88M | USD | 1 Quarter |
| Other non-current assets |
IncreaseDecreaseInOtherNoncurrentAssets
|
$-119.00K | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$2.12M | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$-42.52M | USD | 1 Quarter |
| Accrued expenses and other liabilities |
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
$-4.42M | USD | 1 Quarter |
| Accrued expenses and other liabilities |
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
$551.00K | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$37.24M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$18.10M | USD | 1 Quarter |
| Purchases of equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$6.57M | USD | 1 Quarter |
| Purchases of equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$5.01M | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-6.57M | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-5.01M | USD | 1 Quarter |
| Proceeds from short-term borrowings |
ProceedsFromLinesOfCredit
|
$859.00K | USD | 1 Quarter |
| Purchase of treasury shares |
PaymentsForRepurchaseOfCommonStock
|
$3.00M | USD | 1 Quarter |
| Purchase of treasury shares |
PaymentsForRepurchaseOfCommonStock
|
$1.29M | USD | 1 Quarter |
| Dividend payment |
PaymentsOfDividends
|
$9.12M | USD | 1 Quarter |
| Dividend payment |
PaymentsOfDividends
|
$8.45M | USD | 1 Quarter |
| Issuance of stock under Employee Stock Purchase Plan |
AdjustmentsToEmployeeStockPurchasePlan
|
$-13.00K | USD | 1 Quarter |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-9.76M | USD | 1 Quarter |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-11.26M | USD | 1 Quarter |
| Increase in cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$20.98M | USD | 1 Quarter |
| Increase in cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$1.77M | USD | 1 Quarter |
| Cash and cash equivalents, beginning of year |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$49.99M | USD | Point-in-time |
| Cash and cash equivalents, beginning of year |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$93.47M | USD | Point-in-time |
| Cash and cash equivalents, beginning of year |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$70.97M | USD | Point-in-time |
| Cash and cash equivalents, beginning of year |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$91.70M | USD | Point-in-time |
| Cash and cash equivalents, end of year |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$49.99M | USD | Point-in-time |
| Cash and cash equivalents, end of year |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$93.47M | USD | Point-in-time |
| Cash and cash equivalents, end of year |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$70.97M | USD | Point-in-time |
| Cash and cash equivalents, end of year |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$91.70M | USD | Point-in-time |
| Accrued capital expenditures |
CapitalExpendituresIncurredButNotYetPaid
|
$1.99M | USD | 1 Quarter |
| Accrued capital expenditures |
CapitalExpendituresIncurredButNotYetPaid
|
$1.14M | USD | 1 Quarter |
| Income taxes paid |
IncomeTaxesPaid
|
$320.00K | USD | 1 Quarter |
| Income taxes paid |
IncomeTaxesPaid
|
$291.00K | USD | 1 Quarter |
Stockholders Equity
16 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Balance |
StockholdersEquity
|
$525.90M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$537.59M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$482.25M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$491.96M | USD | Point-in-time |
| Cumulative effect of adoption of ASC 606 |
CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption
|
$1.20M | USD | Point-in-time |
| Issuance of common stock under Employee Stock Purchase Plan |
AdjustmentsToAdditionalPaidInCapitalEmployeeStockPurchaseProgramAdjustments
|
$-13.00K | USD | 1 Quarter |
| Stock-based compensation expense |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$207.00K | USD | 1 Quarter |
| Stock-based compensation expense |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$269.00K | USD | 1 Quarter |
| Repurchases of common stock for treasury |
TreasuryStockValueAcquiredCostMethod
|
$3.00M | USD | 1 Quarter |
| Repurchases of common stock for treasury |
TreasuryStockValueAcquiredCostMethod
|
$1.29M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$11.30M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$12.73M | USD | 1 Quarter |
| Balance |
StockholdersEquity
|
$525.90M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$537.59M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$482.25M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$491.96M | USD | Point-in-time |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.