10-Q Filing

PRIMORIS SERVICES CORP CIK: 1361538 Q1 2022

Filing Information

Form Type	10-Q
Accession Number	`0001558370-22-007894`
Period End Date	20220331
Filing Date	20220510
Fiscal Year	2022
Fiscal Period	Q1
XBRL Instance	prim-20220331x10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 72 Income Statement 39 Cash Flow Statement 75 Stockholders Equity 27 Comprehensive Income 6

Balance Sheet 72 line items

Line Item	Tag	Value	Unit	Period
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$173.50M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$326.74M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	90.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$200.51M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$212.77M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	90.00M	shares	Point-in-time
Accounts receivable, net	`ReceivablesNetCurrent`	$471.66M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	53.19M	shares	Point-in-time
Accounts receivable, net	`ReceivablesNetCurrent`	$450.40M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	53.31M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	53.31M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	53.19M	shares	Point-in-time
Contract assets	`ContractWithCustomerAssetNetCurrent`	$423.66M	USD	Point-in-time
Contract assets	`ContractWithCustomerAssetNetCurrent`	$469.92M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$120.33M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$86.26M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.21B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.18B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$458.62M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$433.28M	USD	Point-in-time
Operating lease assets	`OperatingLeaseRightOfUseAsset`	$158.61M	USD	Point-in-time
Operating lease assets	`OperatingLeaseRightOfUseAsset`	$145.02M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$1.31M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$1.34M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$167.71M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$171.32M	USD	Point-in-time
Goodwill	`Goodwill`	$583.53M	USD	Point-in-time
Goodwill	`Goodwill`	$581.66M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$15.06M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$27.06M	USD	Point-in-time
Total assets	`Assets`	$2.60B	USD	Point-in-time
Total assets	`Assets`	$2.54B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$289.56M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$273.46M	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$292.42M	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$240.41M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$174.82M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$193.07M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$3.20M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$3.19M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$65.97M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$67.23M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$759.12M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$844.22M	USD	Point-in-time
Long-term debt, net of current portion	`LongTermDebtNoncurrent`	$594.23M	USD	Point-in-time
Long-term debt, net of current portion	`LongTermDebtNoncurrent`	$599.29M	USD	Point-in-time
Noncurrent operating lease liabilities, net of current portion	`OperatingLeaseLiabilityNoncurrent`	$98.06M	USD	Point-in-time
Noncurrent operating lease liabilities, net of current portion	`OperatingLeaseLiabilityNoncurrent`	$86.47M	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$38.52M	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$38.51M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$63.35M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$41.17M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.55B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.61B	USD	Point-in-time
Commitments and contingencies (See Note 14)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (See Note 14)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock-$.0001 par value; 90,000,000 shares authorized; 53,308,136 and 53,194,585 issued and outstanding at March 31, 2022 and December 31, 2021, respectively	`CommonStockValue`	$6.00K	USD	Point-in-time
Common stock-$.0001 par value; 90,000,000 shares authorized; 53,308,136 and 53,194,585 issued and outstanding at March 31, 2022 and December 31, 2021, respectively	`CommonStockValue`	$6.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$263.49M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$261.92M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$722.56M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$727.43M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$698.00K	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$1.71M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$901.36M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$990.05M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$987.76M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$714.79M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$2.54B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$2.60B	USD	Point-in-time

Income Statement 39 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$818.33M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$784.38M	USD	1 Quarter
Cost of revenue	`CostOfGoodsAndServicesSold`	$727.90M	USD	1 Quarter
Cost of revenue	`CostOfGoodsAndServicesSold`	$738.15M	USD	1 Quarter
Gross profit	`GrossProfit`	$80.18M	USD	1 Quarter
Gross profit	`GrossProfit`	$56.49M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$55.45M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$53.43M	USD	1 Quarter
Transaction and related costs	`BusinessCombinationAcquisitionRelatedCosts`	$13.90M	USD	1 Quarter
Transaction and related costs	`BusinessCombinationAcquisitionRelatedCosts`	$323.00K	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$708.00K	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$12.85M	USD	1 Quarter
Foreign exchange (loss) gain, net	`ForeignCurrencyTransactionGainLossBeforeTax`	$-116.00K	USD	1 Quarter
Foreign exchange (loss) gain, net	`ForeignCurrencyTransactionGainLossBeforeTax`	$23.00K	USD	1 Quarter
Other expense, net	`OtherNonoperatingIncomeExpense`	$-9.00K	USD	1 Quarter
Other expense, net	`OtherNonoperatingIncomeExpense`	$-5.00K	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-4.64M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-2.88M	USD	1 Quarter
(Loss) income before benefit (provision) for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-2.29M	USD	1 Quarter
(Loss) income before benefit (provision) for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$8.23M	USD	1 Quarter
Benefit (provision) for income taxes	`IncomeTaxExpenseBenefit`	$-619.00K	USD	1 Quarter
Benefit (provision) for income taxes	`IncomeTaxExpenseBenefit`	$2.39M	USD	1 Quarter
Net income attributable to Primoris	`NetIncomeLoss`	$-1.67M	USD	1 Quarter
Net income attributable to Primoris	`NetIncomeLoss`	$5.85M	USD	1 Quarter
Dividends per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.06	USD	1 Quarter
Dividends per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.06	USD	Point-in-time
Dividends per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.06	USD	Point-in-time
Dividends per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.06	USD	Point-in-time
Dividends per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.06	USD	1 Quarter
Dividends per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.06	USD	Point-in-time
Dividends per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.06	USD	Point-in-time
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.12	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.03	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.03	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.12	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	53.24M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	49.50M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	50.03M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	53.24M	shares	1 Quarter

Cash Flow Statement 75 line items

Line Item	Tag	Value	Unit	Period
Net (loss) income	`ProfitLoss`	$5.85M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$-1.67M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$24.85M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$20.17M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$1.55M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$6.15M	USD	1 Quarter
Gain on sale of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$4.54M	USD	1 Quarter
Gain on sale of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$2.74M	USD	1 Quarter
Unrealized gain on interest rate swap	`UnrealizedGainLossOnDerivatives`	$1.28M	USD	1 Quarter
Unrealized gain on interest rate swap	`UnrealizedGainLossOnDerivatives`	$2.90M	USD	1 Quarter
Other non-cash items	`OtherNoncashExpense`	$151.00K	USD	1 Quarter
Other non-cash items	`OtherNoncashExpense`	$345.00K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInReceivables`	$-10.32M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInReceivables`	$-25.69M	USD	1 Quarter
Contract assets	`IncreaseDecreaseInContractWithCustomerAsset`	$7.55M	USD	1 Quarter
Contract assets	`IncreaseDecreaseInContractWithCustomerAsset`	$45.97M	USD	1 Quarter
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$32.57M	USD	1 Quarter
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$14.22M	USD	1 Quarter
Other long-term assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$12.83M	USD	1 Quarter
Other long-term assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$153.00K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$12.11M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$186.00K	USD	1 Quarter
Contract liabilities	`IncreaseDecreaseInContractWithCustomerLiability`	$51.97M	USD	1 Quarter
Contract liabilities	`IncreaseDecreaseInContractWithCustomerLiability`	$-13.62M	USD	1 Quarter
Operating lease assets and liabilities, net	`IncreaseDecreaseInOperatingLeaseAssetsAndLiabilities`	$255.00K	USD	1 Quarter
Operating lease assets and liabilities, net	`IncreaseDecreaseInOperatingLeaseAssetsAndLiabilities`	$1.34M	USD	1 Quarter
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-4.52M	USD	1 Quarter
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$2.41M	USD	1 Quarter
Other long-term liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-12.00K	USD	1 Quarter
Other long-term liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-1.03M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$6.58M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$7.97M	USD	1 Quarter
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$33.16M	USD	1 Quarter
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$19.08M	USD	1 Quarter
Proceeds from sale of assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$4.35M	USD	1 Quarter
Proceeds from sale of assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$2.09M	USD	1 Quarter
Cash paid for acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$4.06M	USD	1 Quarter
Cash paid for acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$613.22M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-32.87M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-630.21M	USD	1 Quarter
Borrowings under revolving line of credit	`ProceedsFromLinesOfCredit`	$100.00M	USD	1 Quarter
Payments on revolving line of credit	`RepaymentsOfLinesOfCredit`	$100.00M	USD	1 Quarter
Proceeds from issuance of long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$30.00M	USD	1 Quarter
Proceeds from issuance of long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$400.00M	USD	1 Quarter
Payments on long-term debt	`RepaymentsOfLongTermDebt`	$59.35M	USD	1 Quarter
Payments on long-term debt	`RepaymentsOfLongTermDebt`	$26.46M	USD	1 Quarter
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$178.86M	USD	1 Quarter
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$422.00K	USD	1 Quarter
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$4.88M	USD	1 Quarter
Dividends paid	`PaymentsOfDividendsCommonStock`	$2.89M	USD	1 Quarter
Dividends paid	`PaymentsOfDividendsCommonStock`	$3.19M	USD	1 Quarter
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-3.28M	USD	1 Quarter
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-1.99M	USD	1 Quarter
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$508.46M	USD	1 Quarter
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.23M	USD	1 Quarter
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$259.00K	USD	1 Quarter
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$502.00K	USD	1 Quarter
Net change in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-27.02M	USD	1 Quarter
Net change in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-113.52M	USD	1 Quarter
Cash, cash equivalents and restricted cash at beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$178.62M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$205.64M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$330.98M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$217.46M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$178.62M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$205.64M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$330.98M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$217.46M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$5.88M	USD	1 Quarter
Cash paid for interest	`InterestPaidNet`	$5.49M	USD	1 Quarter
Cash paid for income taxes, net of refunds received	`IncomeTaxesPaidNet`	$-1.73M	USD	1 Quarter
Cash paid for income taxes, net of refunds received	`IncomeTaxesPaidNet`	$-347.00K	USD	1 Quarter
Leased assets obtained in exchange for new operating leases	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$4.67M	USD	1 Quarter
Leased assets obtained in exchange for new operating leases	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$3.41M	USD	1 Quarter
Dividends declared and not yet paid	`DividendsPayableCurrentAndNoncurrent`	$3.22M	USD	Point-in-time
Dividends declared and not yet paid	`DividendsPayableCurrentAndNoncurrent`	$3.20M	USD	Point-in-time

Stockholders Equity 27 line items

Line Item	Tag	Value	Unit	Period
Cash dividend declared (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.06	USD	1 Quarter
Cash dividend declared (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.06	USD	Point-in-time
Cash dividend declared (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.06	USD	Point-in-time
Cash dividend declared (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.06	USD	Point-in-time
Cash dividend declared (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.06	USD	1 Quarter
Cash dividend declared (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.06	USD	Point-in-time
Cash dividend declared (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.06	USD	Point-in-time
Balance	`StockholdersEquity`	$901.36M	USD	Point-in-time
Balance	`StockholdersEquity`	$990.05M	USD	Point-in-time
Balance	`StockholdersEquity`	$987.76M	USD	Point-in-time
Balance	`StockholdersEquity`	$714.79M	USD	Point-in-time
Net (loss) income attributable to Primoris	`NetIncomeLoss`	$-1.67M	USD	1 Quarter
Net (loss) income attributable to Primoris	`NetIncomeLoss`	$5.85M	USD	1 Quarter
Foreign currency translation adjustments, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$1.01M	USD	1 Quarter
Foreign currency translation adjustments, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$461.00K	USD	1 Quarter
Issuance of shares, net of issuance costs	`StockIssuedDuringPeriodValueNewIssues`	$861.00K	USD	1 Quarter
Issuance of shares, net of issuance costs	`StockIssuedDuringPeriodValueNewIssues`	$177.93M	USD	1 Quarter
Conversion of Restricted Stock Units, net of shares withheld for taxes	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$-846.00K	USD	1 Quarter
Conversion of Restricted Stock Units, net of shares withheld for taxes	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$-599.00K	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$6.15M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.55M	USD	1 Quarter
Dividends declared	`DividendsCommonStockCash`	$3.22M	USD	1 Quarter
Dividends declared	`DividendsCommonStockCash`	$3.20M	USD	1 Quarter
Balance	`StockholdersEquity`	$901.36M	USD	Point-in-time
Balance	`StockholdersEquity`	$990.05M	USD	Point-in-time
Balance	`StockholdersEquity`	$987.76M	USD	Point-in-time
Balance	`StockholdersEquity`	$714.79M	USD	Point-in-time

Comprehensive Income 6 line items

Line Item	Tag	Value	Unit	Period
Net (loss) income	`NetIncomeLoss`	$-1.67M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$5.85M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$1.01M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$461.00K	USD	1 Quarter
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTax`	$-661.00K	USD	1 Quarter
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTax`	$6.31M	USD	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.