10-Q Filing

PAR TECHNOLOGY CORP CIK: 708821 Q3 2023

Filing Information

Form Type	10-Q
Accession Number	`0000708821-23-000089`
Period End Date	20230930
Filing Date	20231109
Fiscal Year	2023
Fiscal Period	Q3
XBRL Instance	par-20230930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 90 Income Statement 80 Cash Flow Statement 96 Stockholders Equity 66 Comprehensive Income 20

Balance Sheet 90 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$85.52M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$43.14M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.02	USD	Point-in-time
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 held on behalf of customers	`FundsHeldForClients`	$3.98M	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
Preferred stock, authorized (in shares)	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Cash held on behalf of customers	`FundsHeldForClients`	$8.76M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.02	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.02	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$36.72M	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$40.29M	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
Accounts receivable net	`AccountsReceivableNetCurrent`	$66.44M	USD	Point-in-time
Accounts receivable net	`AccountsReceivableNetCurrent`	$59.96M	USD	Point-in-time
Inventories	`InventoryNet`	$24.19M	USD	Point-in-time
Inventories	`InventoryNet`	$37.59M	USD	Point-in-time
Common stock, issued (in shares)	`CommonStockSharesIssued`	28.59M	shares	Point-in-time
Common stock, issued (in shares)	`CommonStockSharesIssued`	28.88M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$8.57M	USD	Point-in-time
Common stock, outstanding (in shares)	`CommonStockSharesOutstanding`	27.32M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$9.52M	USD	Point-in-time
Common stock, outstanding (in shares)	`CommonStockSharesOutstanding`	27.52M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$223.95M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$188.76M	USD	Point-in-time
Treasury stock (in shares)	`TreasuryStockCommonShares`	1.27M	shares	Point-in-time
Treasury stock (in shares)	`TreasuryStockCommonShares`	1.36M	shares	Point-in-time
Property, plant and equipment net	`PropertyPlantAndEquipmentNet`	$16.11M	USD	Point-in-time
Property, plant and equipment net	`PropertyPlantAndEquipmentNet`	$12.96M	USD	Point-in-time
Goodwill	`Goodwill`	$487.07M	USD	Point-in-time
Goodwill	`Goodwill`	$486.76M	USD	Point-in-time
Intangible assets net	`IntangibleAssetsNetExcludingGoodwill`	$96.56M	USD	Point-in-time
Intangible assets net	`IntangibleAssetsNetExcludingGoodwill`	$111.10M	USD	Point-in-time
Lease right-of-use assets	`OperatingAndFinanceLeaseRightOfUseAsset`	$4.30M	USD	Point-in-time
Lease right-of-use assets	`OperatingAndFinanceLeaseRightOfUseAsset`	$4.06M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$16.40M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$16.03M	USD	Point-in-time
Total assets	`Assets`	$809.21M	USD	Point-in-time
Total assets	`Assets`	$854.86M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	-	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$13.64M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$23.28M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$27.23M	USD	Point-in-time
Accrued salaries and benefits	`EmployeeRelatedLiabilitiesCurrent`	$18.94M	USD	Point-in-time
Accrued salaries and benefits	`EmployeeRelatedLiabilitiesCurrent`	$15.65M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$6.53M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$10.58M	USD	Point-in-time
Customers payable	`PayablesToCustomersCurrent`	$7.21M	USD	Point-in-time
Customers payable	`PayablesToCustomersCurrent`	$8.76M	USD	Point-in-time
Lease liabilities current portion	`OperatingAndFinanceLeaseLiabilityCurrent`	$1.33M	USD	Point-in-time
Lease liabilities current portion	`OperatingAndFinanceLeaseLiabilityCurrent`	$1.31M	USD	Point-in-time
Customer deposits and deferred service revenue	`ContractWithCustomerLiabilityCurrent`	$10.56M	USD	Point-in-time
Customer deposits and deferred service revenue	`ContractWithCustomerLiabilityCurrent`	$10.07M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$67.82M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$87.25M	USD	Point-in-time
Lease liabilities net of current portion	`OperatingAndFinanceLeaseLiabilityNoncurrent`	$3.08M	USD	Point-in-time
Lease liabilities net of current portion	`OperatingAndFinanceLeaseLiabilityNoncurrent`	$2.87M	USD	Point-in-time
Deferred service revenue noncurrent	`ContractWithCustomerLiabilityNoncurrent`	$4.33M	USD	Point-in-time
Deferred service revenue noncurrent	`ContractWithCustomerLiabilityNoncurrent`	$5.12M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$377.15M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$389.19M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$14.65M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$4.67M	USD	Point-in-time
Total liabilities	`Liabilities`	$476.47M	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, 28,877,896 and 28,589,567 shares issued, 27,520,284 and 27,319,045 outstanding at September 30, 2023 and December 31, 2022, respectively	`CommonStockValue`	$574.00K	USD	Point-in-time
Common stock, $0.02 par value, 58,000,000 shares authorized, 28,877,896 and 28,589,567 shares issued, 27,520,284 and 27,319,045 outstanding at September 30, 2023 and December 31, 2022, respectively	`CommonStockValue`	$570.00K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$595.29M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$606.84M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-256.33M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-205.20M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.36M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.51M	USD	Point-in-time
Treasury stock, at cost, 1,357,612 shares and 1,270,522 shares at September 30, 2023 and December 31, 2022, respectively	`TreasuryStockCommonValue`	$14.09M	USD	Point-in-time
Treasury stock, at cost, 1,357,612 shares and 1,270,522 shares at September 30, 2023 and December 31, 2022, respectively	`TreasuryStockCommonValue`	$16.84M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$359.88M	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`	$332.74M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$375.19M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$504.35M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$383.09M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$411.47M	USD	Point-in-time
Total Liabilities and Shareholders Equity	`LiabilitiesAndStockholdersEquity`	$809.21M	USD	Point-in-time
Total Liabilities and Shareholders Equity	`LiabilitiesAndStockholdersEquity`	$854.86M	USD	Point-in-time

Income Statement 80 line items

Line Item	Tag	Value	Unit	Period
Total revenues, net	`RevenueFromContractWithCustomerExcludingAssessedTax`	$107.13M	USD	1 Quarter
Total revenues, net	`RevenueFromContractWithCustomerExcludingAssessedTax`	$308.12M	USD	3 Qtrs
Total revenues, net	`RevenueFromContractWithCustomerExcludingAssessedTax`	$92.77M	USD	1 Quarter
Total revenues, net	`RevenueFromContractWithCustomerExcludingAssessedTax`	$258.14M	USD	3 Qtrs
Total cost of sales	`CostOfGoodsAndServicesSold`	$78.95M	USD	1 Quarter
Total cost of sales	`CostOfGoodsAndServicesSold`	$236.21M	USD	3 Qtrs
Total cost of sales	`CostOfGoodsAndServicesSold`	$195.00M	USD	3 Qtrs
Total cost of sales	`CostOfGoodsAndServicesSold`	$71.36M	USD	1 Quarter
Gross margin	`GrossProfit`	$21.41M	USD	1 Quarter
Gross margin	`GrossProfit`	$63.14M	USD	3 Qtrs
Gross margin	`GrossProfit`	$28.19M	USD	1 Quarter
Gross margin	`GrossProfit`	$71.91M	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$26.54M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$26.25M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$79.36M	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$75.31M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$33.78M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$14.66M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$43.86M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$12.84M	USD	1 Quarter
Amortization of identifiable intangible assets	`AmortizationOfIntangibleAssets`	$1.40M	USD	3 Qtrs
Amortization of identifiable intangible assets	`AmortizationOfIntangibleAssets`	$465.00K	USD	1 Quarter
Amortization of identifiable intangible assets	`AmortizationOfIntangibleAssets`	$1.39M	USD	3 Qtrs
Amortization of identifiable intangible assets	`AmortizationOfIntangibleAssets`	$464.00K	USD	1 Quarter
Adjustment to contingent consideration liability	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	-	USD	1 Quarter
Adjustment to contingent consideration liability	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-7.50M	USD	3 Qtrs
Adjustment to contingent consideration liability	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	-	USD	3 Qtrs
Adjustment to contingent consideration liability	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	-	USD	1 Quarter
Gain on insurance proceeds	`InsuranceRecoveries`	-	USD	3 Qtrs
Gain on insurance proceeds	`InsuranceRecoveries`	-	USD	1 Quarter
Gain on insurance proceeds	`InsuranceRecoveries`	-	USD	1 Quarter
Gain on insurance proceeds	`InsuranceRecoveries`	$500.00K	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$39.85M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$41.37M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$116.61M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$110.49M	USD	3 Qtrs
Operating loss	`OperatingIncomeLoss`	$-44.70M	USD	3 Qtrs
Operating loss	`OperatingIncomeLoss`	$-13.19M	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-47.35M	USD	3 Qtrs
Operating loss	`OperatingIncomeLoss`	$-18.44M	USD	1 Quarter
Other expense, net	`OtherNonoperatingIncomeExpense`	$-337.00K	USD	3 Qtrs
Other expense, net	`OtherNonoperatingIncomeExpense`	$-179.00K	USD	1 Quarter
Other expense, net	`OtherNonoperatingIncomeExpense`	$-373.00K	USD	1 Quarter
Other expense, net	`OtherNonoperatingIncomeExpense`	$-804.00K	USD	3 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-2.14M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-7.05M	USD	3 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-5.15M	USD	3 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-1.75M	USD	1 Quarter
Loss before provision for income taxes	`IncomeLossAttributableToParent`	$-20.76M	USD	1 Quarter
Loss before provision for income taxes	`IncomeLossAttributableToParent`	$-50.19M	USD	3 Qtrs
Loss before provision for income taxes	`IncomeLossAttributableToParent`	$-55.21M	USD	3 Qtrs
Loss before provision for income taxes	`IncomeLossAttributableToParent`	$-15.31M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$930.00K	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$629.00K	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$206.00K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$578.00K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-15.52M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-21.34M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-51.12M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-18.85M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-15.90M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-19.70M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-15.65M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-55.84M	USD	3 Qtrs
Net loss per share, basic (in dollars per share)	`EarningsPerShareBasic`	$-0.79	USD	1 Quarter
Net loss per share, basic (in dollars per share)	`EarningsPerShareBasic`	$-1.86	USD	3 Qtrs
Net loss per share, basic (in dollars per share)	`EarningsPerShareBasic`	$-0.56	USD	1 Quarter
Net loss per share, basic (in dollars per share)	`EarningsPerShareBasic`	$-2.06	USD	3 Qtrs
Net loss per share, diluted (in dollars per share)	`EarningsPerShareDiluted`	$-1.86	USD	3 Qtrs
Net loss per share, diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.79	USD	1 Quarter
Net loss per share, diluted (in dollars per share)	`EarningsPerShareDiluted`	$-2.06	USD	3 Qtrs
Net loss per share, diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.56	USD	1 Quarter
Weighted average shares outstanding, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	27.15M	shares	3 Qtrs
Weighted average shares outstanding, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	27.47M	shares	1 Quarter
Weighted average shares outstanding, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	27.11M	shares	1 Quarter
Weighted average shares outstanding, basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	27.41M	shares	3 Qtrs
Weighted average shares outstanding, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	27.41M	shares	3 Qtrs
Weighted average shares outstanding, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	27.47M	shares	1 Quarter
Weighted average shares outstanding, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	27.15M	shares	3 Qtrs
Weighted average shares outstanding, diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	27.11M	shares	1 Quarter

Cash Flow Statement 96 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-15.52M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-21.34M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-51.12M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-18.85M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-15.90M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-19.70M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-15.65M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-55.84M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$19.62M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$20.48M	USD	3 Qtrs
Accretion of debt in interest expense	`AccretionExpense`	$1.49M	USD	3 Qtrs
Accretion of debt in interest expense	`AccretionExpense`	$1.59M	USD	3 Qtrs
Current expected credit losses	`ProvisionForDoubtfulAccounts`	$783.00K	USD	3 Qtrs
Current expected credit losses	`ProvisionForDoubtfulAccounts`	$739.00K	USD	3 Qtrs
Provision for obsolete inventory	`InventoryWriteDown`	$-1.27M	USD	3 Qtrs
Provision for obsolete inventory	`InventoryWriteDown`	$1.77M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$10.64M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$10.26M	USD	3 Qtrs
Adjustment to contingent consideration liability	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	-	USD	1 Quarter
Adjustment to contingent consideration liability	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-7.50M	USD	3 Qtrs
Adjustment to contingent consideration liability	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	-	USD	3 Qtrs
Adjustment to contingent consideration liability	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	-	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$7.34M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$5.82M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$6.68M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-14.61M	USD	3 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$1.01M	USD	3 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$-321.00K	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$3.46M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$389.00K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$3.38M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$3.58M	USD	3 Qtrs
Accrued salaries and benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-3.26M	USD	3 Qtrs
Accrued salaries and benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$325.00K	USD	3 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$1.84M	USD	3 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-260.00K	USD	3 Qtrs
Customer deposits and deferred service revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-2.92M	USD	3 Qtrs
Customer deposits and deferred service revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-1.29M	USD	3 Qtrs
Customers payable	`IncreaseDecreaseInPayablesToCustomersCurrent`	$3.98M	USD	3 Qtrs
Customers payable	`IncreaseDecreaseInPayablesToCustomersCurrent`	$1.55M	USD	3 Qtrs
Other long-term liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-685.00K	USD	3 Qtrs
Other long-term liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-186.00K	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-18.49M	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-33.58M	USD	3 Qtrs
Cash paid for acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	3 Qtrs
Cash paid for acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$18.80M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$812.00K	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$5.02M	USD	3 Qtrs
Capitalization of software costs	`PaymentsToDevelopSoftware`	$3.36M	USD	3 Qtrs
Capitalization of software costs	`PaymentsToDevelopSoftware`	$4.72M	USD	3 Qtrs
Proceeds from (purchase of) held to maturity investments	`PaymentsToAcquireHeldToMaturitySecurities`	$40.02M	USD	3 Qtrs
Proceeds from (purchase of) held to maturity investments	`ProceedsFromSaleOfHeldToMaturitySecurities`	$3.57M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-4.81M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-64.34M	USD	3 Qtrs
Principal payments of long-term debt	`RepaymentsOfSecuredDebt`	$525.00K	USD	3 Qtrs
Principal payments of long-term debt	`RepaymentsOfSecuredDebt`	-	USD	3 Qtrs
Treasury stock acquired from employees upon vesting or forfeiture of restricted stock	`PaymentsForRepurchaseOfOtherEquity`	$2.74M	USD	3 Qtrs
Treasury stock acquired from employees upon vesting or forfeiture of restricted stock	`PaymentsForRepurchaseOfOtherEquity`	$2.71M	USD	3 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$912.00K	USD	3 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$1.27M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.97M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.83M	USD	3 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$975.00K	USD	3 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-508.00K	USD	3 Qtrs
Net decrease in cash and cash equivalents and cash held on behalf of customers	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-98.92M	USD	3 Qtrs
Net decrease in cash and cash equivalents and cash held on behalf of customers	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-25.64M	USD	3 Qtrs
Cash and cash equivalents and cash held on behalf of customers at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$89.50M	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`	$51.89M	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 end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$89.50M	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`	$51.89M	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	`CashAndCashEquivalentsAtCarryingValue`	$85.52M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$43.14M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$70.33M	USD	Point-in-time
Cash held on behalf of customers	`FundsHeldForClients`	$3.98M	USD	Point-in-time
Cash held on behalf of customers	`FundsHeldForClients`	$7.21M	USD	Point-in-time
Cash held on behalf of customers	`FundsHeldForClients`	$8.76M	USD	Point-in-time
Total cash and cash equivalents and cash held on behalf of customers	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$89.50M	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`	$51.89M	USD	Point-in-time
Total cash and cash equivalents and cash held on behalf of customers	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$188.42M	USD	Point-in-time
Interest	`InterestPaidNet`	$4.02M	USD	3 Qtrs
Interest	`InterestPaidNet`	$20.00K	USD	3 Qtrs
Income taxes	`IncomeTaxesPaidNet`	$660.00K	USD	3 Qtrs
Income taxes	`IncomeTaxesPaidNet`	$2.39M	USD	3 Qtrs
Capitalized software recorded in accounts payable	`CapitalizedSoftwareRecordedInAccountsPayable`	$36.00K	USD	3 Qtrs
Capitalized software recorded in accounts payable	`CapitalizedSoftwareRecordedInAccountsPayable`	$468.00K	USD	3 Qtrs
Capital expenditures in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$98.00K	USD	3 Qtrs
Capital expenditures in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$37.00K	USD	3 Qtrs
Common stock issued for acquisition	`StockIssued1`	-	USD	3 Qtrs
Common stock issued for acquisition	`StockIssued1`	$6.30M	USD	3 Qtrs
Acquisition contingent consideration recorded in other long-term liabilities	`NoncashOrPartNoncashAcquisitionValueOfLiabilitiesAssumed1`	-	USD	3 Qtrs
Acquisition contingent consideration recorded in other long-term liabilities	`NoncashOrPartNoncashAcquisitionValueOfLiabilitiesAssumed1`	$14.20M	USD	3 Qtrs

Stockholders Equity 66 line items

Line Item	Tag	Value	Unit	Period
Beginning balance (in shares)	`CommonStockSharesOutstanding`	27.32M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	27.52M	shares	Point-in-time
Beginning balance	`StockholdersEquity`	$359.88M	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`	$332.74M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$375.19M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$504.35M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$383.09M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$411.47M	USD	Point-in-time
Treasury stock (in shares)	`TreasuryStockCommonShares`	1.27M	shares	Point-in-time
Treasury stock (in shares)	`TreasuryStockCommonShares`	1.36M	shares	Point-in-time
Issuance of common stock upon the exercise of stock options (in shares)	`StockIssuedDuringPeriodSharesStockOptionsExercised`	88,000.00	shares	3 Qtrs
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`	$813.00K	USD	1 Quarter
Issuance of common stock upon the exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$711.00K	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`	$250.00K	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`	-	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`	$2.00K	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`	-	USD	1 Quarter
Issuance of common stock for acquisition	`StockIssuedDuringPeriodValueAcquisitions`	$6.30M	USD	1 Quarter
Treasury stock acquired from employees upon vesting or forfeiture of restricted stock	`TreasuryStockValueAcquiredCostMethod`	$397.00K	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`	$2.05M	USD	1 Quarter
Treasury stock acquired from employees upon vesting or forfeiture of restricted stock	`TreasuryStockValueAcquiredCostMethod`	$60.00K	USD	1 Quarter
Treasury stock acquired from employees upon vesting or forfeiture of restricted stock	`TreasuryStockValueAcquiredCostMethod`	$263.00K	USD	1 Quarter
Treasury stock acquired from employees upon vesting or forfeiture of restricted stock	`TreasuryStockValueAcquiredCostMethod`	$2.48M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition`	$3.06M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition`	$3.62M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition`	$3.23M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition`	$3.54M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition`	$3.97M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition`	$3.49M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-42.00K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$1.42M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-161.00K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$512.00K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-500.00K	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-1.52M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-851.00K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-142.00K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-15.52M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-21.34M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-51.12M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-18.85M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-15.90M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-19.70M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-15.65M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-55.84M	USD	3 Qtrs
Ending balance (in shares)	`CommonStockSharesOutstanding`	27.32M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	27.52M	shares	Point-in-time
Ending balance	`StockholdersEquity`	$359.88M	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`	$332.74M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$375.19M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$504.35M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$383.09M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$411.47M	USD	Point-in-time
Treasury stock (in shares)	`TreasuryStockCommonShares`	1.27M	shares	Point-in-time
Treasury stock (in shares)	`TreasuryStockCommonShares`	1.36M	shares	Point-in-time

Comprehensive Income 20 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-15.52M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-21.34M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-51.12M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-18.85M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-15.90M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-19.70M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-15.65M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-55.84M	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-42.00K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$1.42M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-161.00K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$512.00K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-500.00K	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-1.52M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-851.00K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-142.00K	USD	3 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-14.10M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-22.19M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-51.27M	USD	3 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-56.34M	USD	3 Qtrs

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