10-Q Filing

UNIVERSAL ELECTRONICS INC CIK: 101984 Q2 2018

Filing Information

Form Type	10-Q
Accession Number	`0000101984-18-000032`
Period End Date	20180630
Filing Date	20180808
Fiscal Year	2018
Fiscal Period	Q2
XBRL Instance	ueic-20180630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 88 Income Statement 69 Cash Flow Statement 77 Comprehensive Income 12

Balance Sheet 88 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$62.44M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$59.43M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$4.90M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Accounts receivable, net	`ReceivablesNetCurrent`	$143.66M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Accounts receivable, net	`ReceivablesNetCurrent`	$151.58M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Contract assets	`ContractWithCustomerAssetNetCurrent`	-	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Contract assets	`ContractWithCustomerAssetNetCurrent`	$28.25M	USD	Point-in-time
Inventories, net	`InventoryNet`	$162.59M	USD	Point-in-time
Inventories, net	`InventoryNet`	$147.19M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$11.69M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$14.31M	USD	Point-in-time
Assets held for sale	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$12.52M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Assets held for sale	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	-	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$1.59M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$2.51M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$407.30M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$395.36M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	23.76M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	23.86M	shares	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentNet`	$110.96M	USD	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentNet`	$107.04M	USD	Point-in-time
Goodwill	`Goodwill`	$48.52M	USD	Point-in-time
Goodwill	`Goodwill`	$48.65M	USD	Point-in-time
Treasury stock, shares (in shares)	`TreasuryStockShares`	9.93M	shares	Point-in-time
Treasury stock, shares (in shares)	`TreasuryStockShares`	9.70M	shares	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$26.71M	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$29.04M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$7.91M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$7.15M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$4.57M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$4.33M	USD	Point-in-time
Total assets	`Assets`	$589.10M	USD	Point-in-time
Total assets	`Assets`	$608.43M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$119.17M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$116.59M	USD	Point-in-time
Line of credit	`LinesOfCreditCurrent`	$138.00M	USD	Point-in-time
Line of credit	`LinesOfCreditCurrent`	$111.00M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$32.96M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$34.50M	USD	Point-in-time
Accrued sales discounts, rebates and royalties	`AccruedSalesDiscountsRebatesandRoyaltiesCurrent`	$7.99M	USD	Point-in-time
Accrued sales discounts, rebates and royalties	`AccruedSalesDiscountsRebatesandRoyaltiesCurrent`	$8.88M	USD	Point-in-time
Accrued income taxes	`AccruedIncomeTaxesCurrent`	$6.67M	USD	Point-in-time
Accrued income taxes	`AccruedIncomeTaxesCurrent`	$3.67M	USD	Point-in-time
Other accrued liabilities	`OtherAccruedLiabilitiesCurrent`	$28.72M	USD	Point-in-time
Other accrued liabilities	`OtherAccruedLiabilitiesCurrent`	$21.05M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$332.94M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$296.26M	USD	Point-in-time
Long-term contingent consideration	`BusinessCombinationContingentConsiderationLiabilityNoncurrent`	$9.73M	USD	Point-in-time
Long-term contingent consideration	`BusinessCombinationContingentConsiderationLiabilityNoncurrent`	$13.40M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$4.42M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$1.53M	USD	Point-in-time
Income tax payable	`AccruedIncomeTaxesNoncurrent`	$2.52M	USD	Point-in-time
Income tax payable	`AccruedIncomeTaxesNoncurrent`	$2.52M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$1.60M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$1.58M	USD	Point-in-time
Total liabilities	`Liabilities`	$311.62M	USD	Point-in-time
Total liabilities	`Liabilities`	$354.88M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $0.01 par value, 5,000,000 shares authorized; none issued or outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.01 par value, 5,000,000 shares authorized; none issued or outstanding	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.01 par value, 50,000,000 shares authorized; 23,861,547 and 23,760,434 shares issued on June 30, 2018 and December 31, 2017, respectively	`CommonStockValue`	$238.00K	USD	Point-in-time
Common stock, $0.01 par value, 50,000,000 shares authorized; 23,861,547 and 23,760,434 shares issued on June 30, 2018 and December 31, 2017, respectively	`CommonStockValue`	$239.00K	USD	Point-in-time
Paid-in capital	`AdditionalPaidInCapitalCommonStock`	$271.50M	USD	Point-in-time
Paid-in capital	`AdditionalPaidInCapitalCommonStock`	$265.19M	USD	Point-in-time
Treasury stock, at cost, 9,927,853 and 9,702,874 shares on June 30, 2018 and December 31, 2017, respectively	`TreasuryStockValue`	$262.06M	USD	Point-in-time
Treasury stock, at cost, 9,927,853 and 9,702,874 shares on June 30, 2018 and December 31, 2017, respectively	`TreasuryStockValue`	$269.18M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-18.01M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-16.60M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$266.78M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$292.94M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$253.55M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$277.49M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$589.10M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$608.43M	USD	Point-in-time

Income Statement 69 line items

Line Item	Tag	Value	Unit	Period
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$338.99M	USD	2 Qtrs
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$177.58M	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$327.22M	USD	2 Qtrs
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$162.52M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$135.76M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$254.20M	USD	2 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$133.83M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$263.26M	USD	2 Qtrs
Gross profit	`GrossProfit`	$63.96M	USD	2 Qtrs
Gross profit	`GrossProfit`	$84.78M	USD	2 Qtrs
Gross profit	`GrossProfit`	$26.76M	USD	1 Quarter
Gross profit	`GrossProfit`	$43.75M	USD	1 Quarter
Research and development expenses	`ResearchAndDevelopmentExpense`	$12.11M	USD	2 Qtrs
Research and development expenses	`ResearchAndDevelopmentExpense`	$10.44M	USD	2 Qtrs
Research and development expenses	`ResearchAndDevelopmentExpense`	$6.06M	USD	1 Quarter
Research and development expenses	`ResearchAndDevelopmentExpense`	$4.95M	USD	1 Quarter
Factory transition restructuring charges	`RestructuringCharges`	-	USD	1 Quarter
Factory transition restructuring charges	`RestructuringCharges`	$5.70M	USD	2 Qtrs
Factory transition restructuring charges	`RestructuringCharges`	-	USD	2 Qtrs
Factory transition restructuring charges	`RestructuringCharges`	$449.00K	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$60.82M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$30.57M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$61.70M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$31.05M	USD	1 Quarter
Operating income (loss)	`OperatingIncomeLoss`	$-9.87M	USD	1 Quarter
Operating income (loss)	`OperatingIncomeLoss`	$6.94M	USD	2 Qtrs
Operating income (loss)	`OperatingIncomeLoss`	$-8.97M	USD	2 Qtrs
Operating income (loss)	`OperatingIncomeLoss`	$7.30M	USD	1 Quarter
Interest income (expense), net	`InterestIncomeExpenseNonoperatingNet`	$-955.00K	USD	2 Qtrs
Interest income (expense), net	`InterestIncomeExpenseNonoperatingNet`	$-2.35M	USD	2 Qtrs
Interest income (expense), net	`InterestIncomeExpenseNonoperatingNet`	$-1.28M	USD	1 Quarter
Interest income (expense), net	`InterestIncomeExpenseNonoperatingNet`	$-562.00K	USD	1 Quarter
Gain on sale of Guangzhou factory	`DisposalGroupNotDiscontinuedOperationGainLossOnDisposal`	$37.00M	USD	Point-in-time
Gain on sale of Guangzhou factory	`DisposalGroupNotDiscontinuedOperationGainLossOnDisposal`	-	USD	2 Qtrs
Gain on sale of Guangzhou factory	`DisposalGroupNotDiscontinuedOperationGainLossOnDisposal`	$36.98M	USD	2 Qtrs
Gain on sale of Guangzhou factory	`DisposalGroupNotDiscontinuedOperationGainLossOnDisposal`	$36.98M	USD	1 Quarter
Gain on sale of Guangzhou factory	`DisposalGroupNotDiscontinuedOperationGainLossOnDisposal`	-	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-1.67M	USD	2 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-59.00K	USD	2 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-642.00K	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-1.08M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$23.99M	USD	2 Qtrs
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$6.10M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$24.75M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$5.92M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$1.42M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$1.12M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$2.09M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$1.92M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$22.07M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$22.66M	USD	1 Quarter
Net income	`NetIncomeLoss`	$4.80M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$4.68M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.33	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.61	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.57	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.33	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.33	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.32	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.60	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.55	USD	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	14.40M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	14.08M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	14.43M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	14.07M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	14.16M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	14.70M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	14.20M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	14.68M	shares	1 Quarter

Cash Flow Statement 77 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$22.07M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$22.66M	USD	1 Quarter
Net income	`NetIncomeLoss`	$4.80M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$4.68M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$15.95M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$16.91M	USD	2 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$2.00K	USD	2 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$81.00K	USD	2 Qtrs
Provision for inventory write-downs	`InventoryWriteDown`	$1.42M	USD	2 Qtrs
Provision for inventory write-downs	`InventoryWriteDown`	$5.08M	USD	2 Qtrs
Gain on sale of Guangzhou factory	`DisposalGroupNotDiscontinuedOperationGainLossOnDisposal`	$37.00M	USD	Point-in-time
Gain on sale of Guangzhou factory	`DisposalGroupNotDiscontinuedOperationGainLossOnDisposal`	-	USD	2 Qtrs
Gain on sale of Guangzhou factory	`DisposalGroupNotDiscontinuedOperationGainLossOnDisposal`	$36.98M	USD	2 Qtrs
Gain on sale of Guangzhou factory	`DisposalGroupNotDiscontinuedOperationGainLossOnDisposal`	$36.98M	USD	1 Quarter
Gain on sale of Guangzhou factory	`DisposalGroupNotDiscontinuedOperationGainLossOnDisposal`	-	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-1.03M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-557.00K	USD	2 Qtrs
Shares issued for employee benefit plan	`SharesIssuedForEmployeeBenefitPlan`	$590.00K	USD	2 Qtrs
Shares issued for employee benefit plan	`SharesIssuedForEmployeeBenefitPlan`	$591.00K	USD	2 Qtrs
Employee and director stock-based compensation	`ShareBasedCompensation`	$5.55M	USD	2 Qtrs
Employee and director stock-based compensation	`ShareBasedCompensation`	$4.67M	USD	2 Qtrs
Performance-based common stock warrants	`Accretionofperformancebasedstockwarrants`	$343.00K	USD	2 Qtrs
Performance-based common stock warrants	`Accretionofperformancebasedstockwarrants`	$1.26M	USD	2 Qtrs
Impairment of China factory equipment	`ImpairmentOfLongLivedAssetsHeldForUse`	-	USD	2 Qtrs
Impairment of China factory equipment	`ImpairmentOfLongLivedAssetsHeldForUse`	$2.76M	USD	2 Qtrs
Accounts receivable and contract assets	`IncreaseDecreaseInReceivables`	$20.43M	USD	2 Qtrs
Accounts receivable and contract assets	`IncreaseDecreaseInReceivables`	$-6.16M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$16.06M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$11.25M	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$2.77M	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$121.00K	USD	2 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-15.00K	USD	2 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-7.33M	USD	2 Qtrs
Accrued income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-1.69M	USD	2 Qtrs
Accrued income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$1.22M	USD	2 Qtrs
Net cash provided by (used for) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-3.88M	USD	2 Qtrs
Net cash provided by (used for) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-4.87M	USD	2 Qtrs
Proceeds from sale of Guangzhou factory	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$51.29M	USD	2 Qtrs
Proceeds from sale of Guangzhou factory	`ProceedsFromSaleOfPropertyPlantAndEquipment`	-	USD	2 Qtrs
Acquisitions of property, plant, and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$13.42M	USD	2 Qtrs
Acquisitions of property, plant, and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$17.52M	USD	2 Qtrs
Refund of deposit received toward sale of Guangzhou factory	`ProceedsfromDivestitureofBusinessesEscrowDeposit`	-	USD	2 Qtrs
Refund of deposit received toward sale of Guangzhou factory	`ProceedsfromDivestitureofBusinessesEscrowDeposit`	$-5.05M	USD	2 Qtrs
Acquisitions of intangible assets	`PaymentsToAcquireIntangibleAssets`	$765.00K	USD	2 Qtrs
Acquisitions of intangible assets	`PaymentsToAcquireIntangibleAssets`	$1.25M	USD	2 Qtrs
Acquisition of net assets of Residential Control Systems, Inc.	`PaymentsToAcquireBusinessesGross`	$8.85M	USD	2 Qtrs
Acquisition of net assets of Residential Control Systems, Inc.	`PaymentsToAcquireBusinessesGross`	-	USD	2 Qtrs
Net cash provided by (used for) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-27.14M	USD	2 Qtrs
Net cash provided by (used for) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$31.57M	USD	2 Qtrs
Borrowings under line of credit	`ProceedsFromShortTermDebt`	$23.00M	USD	2 Qtrs
Borrowings under line of credit	`ProceedsFromShortTermDebt`	$85.00M	USD	2 Qtrs
Repayments on line of credit	`RepaymentsOfShortTermDebt`	$50.00M	USD	2 Qtrs
Repayments on line of credit	`RepaymentsOfShortTermDebt`	$42.99M	USD	2 Qtrs
Proceeds from stock options exercised	`ProceedsFromStockOptionsExercised`	$842.00K	USD	2 Qtrs
Proceeds from stock options exercised	`ProceedsFromStockOptionsExercised`	$704.00K	USD	2 Qtrs
Treasury stock purchased	`PaymentsForRepurchaseOfCommonStock`	$14.88M	USD	2 Qtrs
Treasury stock purchased	`PaymentsForRepurchaseOfCommonStock`	$7.11M	USD	2 Qtrs
Contingent consideration payments in connection with business combinations	`PaymentForContingentConsiderationLiabilityFinancingActivities`	-	USD	2 Qtrs
Contingent consideration payments in connection with business combinations	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$3.86M	USD	2 Qtrs
Net cash provided by (used for) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$27.97M	USD	2 Qtrs
Net cash provided by (used for) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-37.27M	USD	2 Qtrs
Effect of exchange rate changes on cash, cash equivalents, and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-1.38M	USD	2 Qtrs
Effect of exchange rate changes on cash, cash equivalents, and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.67M	USD	2 Qtrs
Net increase (decrease) in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-5.42M	USD	2 Qtrs
Net increase (decrease) in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-7.91M	USD	2 Qtrs
Cash, cash equivalents, and restricted cash at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$59.83M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$59.43M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$54.41M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$67.34M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$59.83M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$59.43M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$54.41M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$67.34M	USD	Point-in-time
Income taxes paid	`IncomeTaxesPaid`	$4.14M	USD	2 Qtrs
Income taxes paid	`IncomeTaxesPaid`	$4.19M	USD	2 Qtrs
Interest paid	`InterestPaidNet`	$2.52M	USD	2 Qtrs
Interest paid	`InterestPaidNet`	$981.00K	USD	2 Qtrs

Comprehensive Income 12 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$22.07M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$22.66M	USD	1 Quarter
Net income	`NetIncomeLoss`	$4.80M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$4.68M	USD	1 Quarter
Change in foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-1.41M	USD	2 Qtrs
Change in foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$608.00K	USD	1 Quarter
Change in foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$1.99M	USD	2 Qtrs
Change in foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-5.06M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$6.79M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$17.60M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$5.29M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$20.66M	USD	2 Qtrs

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