10-Q Filing

PAR TECHNOLOGY CORP CIK: 708821 Q2 2023

Filing Information

Form Type	10-Q
Accession Number	`0000708821-23-000078`
Period End Date	20230630
Filing Date	20230809
Fiscal Year	2023
Fiscal Period	Q2
XBRL Instance	par-20230630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 88 Income Statement 78 Cash Flow Statement 90 Stockholders Equity 49 Comprehensive Income 16

Balance Sheet 88 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$70.33M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.02	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$44.16M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$148.57M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.02	USD	Point-in-time
Preferred stock authorized (in shares)	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Cash held on behalf of customers	`FundsHeldForClients`	$9.02M	USD	Point-in-time
Preferred stock authorized (in shares)	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Cash held on behalf of customers	`FundsHeldForClients`	$7.21M	USD	Point-in-time
Cash held on behalf of customers	`FundsHeldForClients`	$2.03M	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$41.23M	USD	Point-in-time
Common stock par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.02	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$40.29M	USD	Point-in-time
Common stock par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.02	USD	Point-in-time
Accounts receivable net	`AccountsReceivableNetCurrent`	$59.96M	USD	Point-in-time
Accounts receivable net	`AccountsReceivableNetCurrent`	$62.89M	USD	Point-in-time
Common stock authorized (in shares)	`CommonStockSharesAuthorized`	58.00M	shares	Point-in-time
Common stock authorized (in shares)	`CommonStockSharesAuthorized`	58.00M	shares	Point-in-time
Common stock issued (in shares)	`CommonStockSharesIssued`	28.80M	shares	Point-in-time
Inventories	`InventoryNet`	$26.51M	USD	Point-in-time
Common stock issued (in shares)	`CommonStockSharesIssued`	28.59M	shares	Point-in-time
Inventories	`InventoryNet`	$37.59M	USD	Point-in-time
Common stock outstanding (in shares)	`CommonStockSharesOutstanding`	27.32M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$8.57M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$8.96M	USD	Point-in-time
Common stock outstanding (in shares)	`CommonStockSharesOutstanding`	27.44M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$223.95M	USD	Point-in-time
Treasury stock, shares (in shares)	`TreasuryStockCommonShares`	1.36M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$192.78M	USD	Point-in-time
Treasury stock, shares (in shares)	`TreasuryStockCommonShares`	1.27M	shares	Point-in-time
Property, plant and equipment net	`PropertyPlantAndEquipmentNet`	$12.96M	USD	Point-in-time
Property, plant and equipment net	`PropertyPlantAndEquipmentNet`	$14.97M	USD	Point-in-time
Goodwill	`Goodwill`	$487.65M	USD	Point-in-time
Goodwill	`Goodwill`	$486.76M	USD	Point-in-time
Intangible assets net	`IntangibleAssetsNetExcludingGoodwill`	$101.64M	USD	Point-in-time
Intangible assets net	`IntangibleAssetsNetExcludingGoodwill`	$111.10M	USD	Point-in-time
Lease right-of-use assets	`OperatingAndFinanceLeaseRightOfUseAsset`	$4.00M	USD	Point-in-time
Lease right-of-use assets	`OperatingAndFinanceLeaseRightOfUseAsset`	$4.06M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$15.45M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$16.03M	USD	Point-in-time
Total assets	`Assets`	$854.86M	USD	Point-in-time
Total assets	`Assets`	$816.48M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$13.59M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	-	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$27.16M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$23.28M	USD	Point-in-time
Accrued salaries and benefits	`EmployeeRelatedLiabilitiesCurrent`	$18.94M	USD	Point-in-time
Accrued salaries and benefits	`EmployeeRelatedLiabilitiesCurrent`	$15.37M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$6.53M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$6.00M	USD	Point-in-time
Customers payable	`PayablesToCustomersCurrent`	$9.02M	USD	Point-in-time
Customers payable	`PayablesToCustomersCurrent`	$7.21M	USD	Point-in-time
Lease liabilities current portion	`OperatingAndFinanceLeaseLiabilityCurrent`	$1.01M	USD	Point-in-time
Lease liabilities current portion	`OperatingAndFinanceLeaseLiabilityCurrent`	$1.31M	USD	Point-in-time
Customer deposits and deferred service revenue	`ContractWithCustomerLiabilityCurrent`	$11.35M	USD	Point-in-time
Customer deposits and deferred service revenue	`ContractWithCustomerLiabilityCurrent`	$10.56M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$67.82M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$83.50M	USD	Point-in-time
Lease liabilities net of current portion	`OperatingAndFinanceLeaseLiabilityNoncurrent`	$2.87M	USD	Point-in-time
Lease liabilities net of current portion	`OperatingAndFinanceLeaseLiabilityNoncurrent`	$3.08M	USD	Point-in-time
Deferred service revenue noncurrent	`ContractWithCustomerLiabilityNoncurrent`	$5.12M	USD	Point-in-time
Deferred service revenue noncurrent	`ContractWithCustomerLiabilityNoncurrent`	$4.36M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$389.19M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$376.66M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$14.65M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$6.67M	USD	Point-in-time
Total liabilities	`Liabilities`	$474.27M	USD	Point-in-time
Total liabilities	`Liabilities`	$479.66M	USD	Point-in-time
Preferred stock, $.02 par value, 1,000,000 shares authorized	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $.02 par value, 1,000,000 shares authorized	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.02 par value, 58,000,000 shares authorized, 28,799,349 and 28,589,567 shares issued, 27,443,072 and 27,319,045 outstanding at June 30, 2023 and December 31, 2022, respectively	`CommonStockValue`	$570.00K	USD	Point-in-time
Common stock, $0.02 par value, 58,000,000 shares authorized, 28,799,349 and 28,589,567 shares issued, 27,443,072 and 27,319,045 outstanding at June 30, 2023 and December 31, 2022, respectively	`CommonStockValue`	$572.00K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$602.15M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$595.29M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-205.20M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-240.81M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-2.92M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.36M	USD	Point-in-time
Treasury stock, at cost, 1,356,277 shares and 1,270,522 shares at June 30, 2023 and December 31, 2022, respectively	`TreasuryStockCommonValue`	$16.78M	USD	Point-in-time
Treasury stock, at cost, 1,356,277 shares and 1,270,522 shares at June 30, 2023 and December 31, 2022, respectively	`TreasuryStockCommonValue`	$14.09M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$504.35M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$375.19M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$342.22M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$395.50M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$359.88M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$411.47M	USD	Point-in-time
Total Liabilities and Shareholders Equity	`LiabilitiesAndStockholdersEquity`	$854.86M	USD	Point-in-time
Total Liabilities and Shareholders Equity	`LiabilitiesAndStockholdersEquity`	$816.48M	USD	Point-in-time

Income Statement 78 line items

Line Item	Tag	Value	Unit	Period
Total revenues, net	`RevenueFromContractWithCustomerExcludingAssessedTax`	$165.38M	USD	2 Qtrs
Total revenues, net	`RevenueFromContractWithCustomerExcludingAssessedTax`	$100.54M	USD	1 Quarter
Total revenues, net	`RevenueFromContractWithCustomerExcludingAssessedTax`	$85.09M	USD	1 Quarter
Total revenues, net	`RevenueFromContractWithCustomerExcludingAssessedTax`	$200.98M	USD	2 Qtrs
Total cost of sales	`CostOfGoodsAndServicesSold`	$157.26M	USD	2 Qtrs
Total cost of sales	`CostOfGoodsAndServicesSold`	$123.64M	USD	2 Qtrs
Total cost of sales	`CostOfGoodsAndServicesSold`	$63.97M	USD	1 Quarter
Total cost of sales	`CostOfGoodsAndServicesSold`	$80.01M	USD	1 Quarter
Gross margin	`GrossProfit`	$43.72M	USD	2 Qtrs
Gross margin	`GrossProfit`	$21.12M	USD	1 Quarter
Gross margin	`GrossProfit`	$41.73M	USD	2 Qtrs
Gross margin	`GrossProfit`	$20.53M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$25.63M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$53.11M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$26.40M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$48.77M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$29.20M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$20.94M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$14.89M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$10.10M	USD	1 Quarter
Amortization of identifiable intangible assets	`AmortizationOfIntangibleAssets`	$934.00K	USD	2 Qtrs
Amortization of identifiable intangible assets	`AmortizationOfIntangibleAssets`	$721.00K	USD	1 Quarter
Amortization of identifiable intangible assets	`AmortizationOfIntangibleAssets`	$929.00K	USD	2 Qtrs
Amortization of identifiable intangible assets	`AmortizationOfIntangibleAssets`	$465.00K	USD	1 Quarter
Adjustment to contingent consideration liability	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-2.30M	USD	1 Quarter
Adjustment to contingent consideration liability	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	-	USD	1 Quarter
Adjustment to contingent consideration liability	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	-	USD	2 Qtrs
Adjustment to contingent consideration liability	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-7.50M	USD	2 Qtrs
Gain on insurance proceeds	`InsuranceRecoveries`	$500.00K	USD	2 Qtrs
Gain on insurance proceeds	`InsuranceRecoveries`	-	USD	2 Qtrs
Gain on insurance proceeds	`InsuranceRecoveries`	-	USD	1 Quarter
Gain on insurance proceeds	`InsuranceRecoveries`	$500.00K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$70.64M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$75.24M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$38.18M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$37.22M	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-17.65M	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-28.91M	USD	2 Qtrs
Operating loss	`OperatingIncomeLoss`	$-16.10M	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-31.52M	USD	2 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-625.00K	USD	2 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-257.00K	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$95.00K	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$36.00K	USD	2 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-1.74M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-2.45M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-3.40M	USD	2 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-4.91M	USD	2 Qtrs
Loss before provision for income taxes	`IncomeLossAttributableToParent`	$-34.88M	USD	2 Qtrs
Loss before provision for income taxes	`IncomeLossAttributableToParent`	$-34.45M	USD	2 Qtrs
Loss before provision for income taxes	`IncomeLossAttributableToParent`	$-18.81M	USD	1 Quarter
Loss before provision for income taxes	`IncomeLossAttributableToParent`	$-19.29M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$41.00K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$409.00K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$724.00K	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$51.00K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-15.65M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-35.61M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-18.85M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-19.70M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-34.50M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-15.90M	USD	1 Quarter
Net loss per share, basic (in dollars per share)	`EarningsPerShareBasic`	$-1.30	USD	2 Qtrs
Net loss per share, basic (in dollars per share)	`EarningsPerShareBasic`	$-0.72	USD	1 Quarter
Net loss per share, basic (in dollars per share)	`EarningsPerShareBasic`	$-0.70	USD	1 Quarter
Net loss per share, basic (in dollars per share)	`EarningsPerShareBasic`	$-1.27	USD	2 Qtrs
Net loss per share, diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.72	USD	1 Quarter
Net loss per share, diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.70	USD	1 Quarter
Net loss per share, diluted (in dollars per share)	`EarningsPerShareDiluted`	$-1.27	USD	2 Qtrs
Net loss per share, diluted (in dollars per share)	`EarningsPerShareDiluted`	$-1.30	USD	2 Qtrs
Weighted average shares outstanding, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	27.07M	shares	2 Qtrs
Weighted average shares outstanding, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	27.38M	shares	2 Qtrs
Weighted average shares outstanding, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	27.36M	shares	1 Quarter
Weighted average shares outstanding, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	26.98M	shares	1 Quarter
Weighted average shares outstanding, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	27.07M	shares	2 Qtrs
Weighted average shares outstanding, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	27.38M	shares	2 Qtrs
Weighted average shares outstanding, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	27.36M	shares	1 Quarter
Weighted average shares outstanding, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	26.98M	shares	1 Quarter

Cash Flow Statement 90 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-15.65M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-35.61M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-18.85M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-19.70M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-34.50M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-15.90M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$13.81M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$12.86M	USD	2 Qtrs
Accretion of debt in interest expense	`AccretionExpense`	$1.05M	USD	2 Qtrs
Accretion of debt in interest expense	`AccretionExpense`	$981.00K	USD	2 Qtrs
Current expected credit losses	`ProvisionForDoubtfulAccounts`	$482.00K	USD	2 Qtrs
Current expected credit losses	`ProvisionForDoubtfulAccounts`	$784.00K	USD	2 Qtrs
Provision for obsolete inventory	`InventoryWriteDown`	$352.00K	USD	2 Qtrs
Provision for obsolete inventory	`InventoryWriteDown`	$1.36M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$6.67M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$6.77M	USD	2 Qtrs
Adjustment to contingent consideration liability	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-2.30M	USD	1 Quarter
Adjustment to contingent consideration liability	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	-	USD	1 Quarter
Adjustment to contingent consideration liability	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	-	USD	2 Qtrs
Adjustment to contingent consideration liability	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-7.50M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$11.36M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$3.69M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-10.80M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$8.43M	USD	2 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$-1.60M	USD	2 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$448.00K	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$-570.00K	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$2.52M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$5.30M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$3.09M	USD	2 Qtrs
Accrued salaries and benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-2.84M	USD	2 Qtrs
Accrued salaries and benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-3.57M	USD	2 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-465.00K	USD	2 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-1.69M	USD	2 Qtrs
Customer deposits and deferred service revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-1.04M	USD	2 Qtrs
Customer deposits and deferred service revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$25.00K	USD	2 Qtrs
Customers payable	`IncreaseDecreaseInPayablesToCustomersCurrent`	$2.03M	USD	2 Qtrs
Customers payable	`IncreaseDecreaseInPayablesToCustomersCurrent`	$1.82M	USD	2 Qtrs
Other long-term liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-594.00K	USD	2 Qtrs
Other long-term liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-486.00K	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-31.59M	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-12.79M	USD	2 Qtrs
Cash paid for acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	2 Qtrs
Cash paid for acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$1.21M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$3.24M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$504.00K	USD	2 Qtrs
Capitalization of software costs	`PaymentsToDevelopSoftware`	$1.99M	USD	2 Qtrs
Capitalization of software costs	`PaymentsToDevelopSoftware`	$3.25M	USD	2 Qtrs
Purchase of held to maturity investments	`PaymentsToAcquireHeldToMaturitySecurities`	$935.00K	USD	2 Qtrs
Purchase of held to maturity investments	`PaymentsToAcquireHeldToMaturitySecurities`	-	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-4.96M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-6.17M	USD	2 Qtrs
Principal payments of long-term debt	`RepaymentsOfSecuredDebt`	$348.00K	USD	2 Qtrs
Principal payments of long-term debt	`RepaymentsOfSecuredDebt`	-	USD	2 Qtrs
Treasury stock acquired from employees upon vesting or forfeiture of restricted stock	`PaymentsForRepurchaseOfOtherEquity`	$2.45M	USD	2 Qtrs
Treasury stock acquired from employees upon vesting or forfeiture of restricted stock	`PaymentsForRepurchaseOfOtherEquity`	$2.68M	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$202.00K	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$1.02M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.78M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-2.48M	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-2.91M	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$511.00K	USD	2 Qtrs
Net decrease in cash and cash equivalents and cash held on behalf of customers	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-24.35M	USD	2 Qtrs
Net decrease in cash and cash equivalents and cash held on behalf of customers	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-37.82M	USD	2 Qtrs
Cash and cash equivalents and cash held on behalf of customers at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$150.60M	USD	Point-in-time
Cash and cash equivalents and cash held on behalf of customers at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$188.42M	USD	Point-in-time
Cash and cash equivalents and cash held on behalf of customers at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$77.53M	USD	Point-in-time
Cash and cash equivalents and cash held on behalf of customers at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$53.19M	USD	Point-in-time
Cash and cash equivalents and cash held on behalf of customers at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$150.60M	USD	Point-in-time
Cash and cash equivalents and cash held on behalf of customers at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$188.42M	USD	Point-in-time
Cash and cash equivalents and cash held on behalf of customers at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$77.53M	USD	Point-in-time
Cash and cash equivalents and cash held on behalf of customers at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$53.19M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$70.33M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$44.16M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$148.57M	USD	Point-in-time
Cash held on behalf of customers	`FundsHeldForClients`	$9.02M	USD	Point-in-time
Cash held on behalf of customers	`FundsHeldForClients`	$7.21M	USD	Point-in-time
Cash held on behalf of customers	`FundsHeldForClients`	$2.03M	USD	Point-in-time
Total cash and cash equivalents and cash held on behalf of customers	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$150.60M	USD	Point-in-time
Total cash and cash equivalents and cash held on behalf of customers	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$188.42M	USD	Point-in-time
Total cash and cash equivalents and cash held on behalf of customers	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$77.53M	USD	Point-in-time
Total cash and cash equivalents and cash held on behalf of customers	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$53.19M	USD	Point-in-time
Interest	`InterestPaidNet`	$106.00K	USD	2 Qtrs
Interest	`InterestPaidNet`	$16.00K	USD	2 Qtrs
Income taxes	`IncomeTaxesPaidNet`	-	USD	2 Qtrs
Income taxes	`IncomeTaxesPaidNet`	$525.00K	USD	2 Qtrs
Capitalized software recorded in accounts payable	`CapitalizedSoftwareRecordedInAccountsPayable`	$642.00K	USD	2 Qtrs
Capitalized software recorded in accounts payable	`CapitalizedSoftwareRecordedInAccountsPayable`	$39.00K	USD	2 Qtrs
Capital expenditures in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$147.00K	USD	2 Qtrs
Capital expenditures in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$131.00K	USD	2 Qtrs

Stockholders Equity 49 line items

Line Item	Tag	Value	Unit	Period
Beginning balance (in shares)	`CommonStockSharesOutstanding`	27.32M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	27.44M	shares	Point-in-time
Beginning balance	`StockholdersEquity`	$504.35M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$375.19M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$342.22M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$395.50M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$359.88M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$411.47M	USD	Point-in-time
Treasury stock (in shares)	`TreasuryStockCommonShares`	1.36M	shares	Point-in-time
Treasury stock (in shares)	`TreasuryStockCommonShares`	1.27M	shares	Point-in-time
Issuance of common stock upon the exercise of stock options (in shares)	`StockIssuedDuringPeriodSharesStockOptionsExercised`	14,000.00	shares	2 Qtrs
Issuance of common stock upon the exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$813.00K	USD	1 Quarter
Issuance of common stock upon the exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$205.00K	USD	1 Quarter
Issuance of common stock upon the exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$147.00K	USD	1 Quarter
Issuance of common stock upon the exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$52.00K	USD	1 Quarter
Net issuance of restricted stock awards and restricted stock units	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$1.00K	USD	1 Quarter
Net issuance of restricted stock awards and restricted stock units	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	-	USD	1 Quarter
Net issuance of restricted stock awards and restricted stock units	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	-	USD	1 Quarter
Net issuance of restricted stock awards and restricted stock units	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$2.00K	USD	1 Quarter
Treasury stock acquired from employees upon vesting or forfeiture of restricted stock	`TreasuryStockValueAcquiredCostMethod`	$2.05M	USD	1 Quarter
Treasury stock acquired from employees upon vesting or forfeiture of restricted stock	`TreasuryStockValueAcquiredCostMethod`	$2.48M	USD	1 Quarter
Treasury stock acquired from employees upon vesting or forfeiture of restricted stock	`TreasuryStockValueAcquiredCostMethod`	$205.00K	USD	1 Quarter
Treasury stock acquired from employees upon vesting or forfeiture of restricted stock	`TreasuryStockValueAcquiredCostMethod`	$397.00K	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition`	$3.06M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition`	$3.23M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition`	$3.62M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition`	$3.54M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-1.56M	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-42.00K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$512.00K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-1.52M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$351.00K	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-161.00K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-15.65M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-35.61M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-18.85M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-19.70M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-34.50M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-15.90M	USD	1 Quarter
Ending balance (in shares)	`CommonStockSharesOutstanding`	27.32M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	27.44M	shares	Point-in-time
Ending balance	`StockholdersEquity`	$504.35M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$375.19M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$342.22M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$395.50M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$359.88M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$411.47M	USD	Point-in-time
Treasury stock (in shares)	`TreasuryStockCommonShares`	1.36M	shares	Point-in-time
Treasury stock (in shares)	`TreasuryStockCommonShares`	1.27M	shares	Point-in-time

Comprehensive Income 16 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-15.65M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-35.61M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-18.85M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-19.70M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-34.50M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-15.90M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-1.56M	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-42.00K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$512.00K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-1.52M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$351.00K	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-161.00K	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-21.22M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-19.01M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-34.15M	USD	2 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-37.17M	USD	2 Qtrs

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