10-Q Filing

EPLUS INC CIK: 1022408 Q1 2021

Filing Information

Form Type	10-Q
Accession Number	`0001022408-20-000027`
Period End Date	20200630
Filing Date	20200806
Fiscal Year	2021
Fiscal Period	Q1
XBRL Instance	form10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 85 Income Statement 32 Cash Flow Statement 76 Stockholders Equity 22 Comprehensive Income 8

Balance Sheet 85 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$86.23M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$144.38M	USD	Point-in-time
Accounts receivable-trade, net	`AccountsReceivableNetCurrent`	$393.04M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	2.00M	shares	Point-in-time
Accounts receivable-trade, net	`AccountsReceivableNetCurrent`	$375.00M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	2.00M	shares	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Accounts receivable-other, net	`AccountsAndOtherReceivablesNetCurrent`	$33.08M	USD	Point-in-time
Accounts receivable-other, net	`AccountsAndOtherReceivablesNetCurrent`	$36.57M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Inventories	`InventoryNet`	$50.27M	USD	Point-in-time
Inventories	`InventoryNet`	$93.32M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Financing receivables-net, current	`NetInvestmentInLeaseCurrent`	$116.12M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	25.00M	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	25.00M	shares	Point-in-time
Financing receivables-net, current	`NetInvestmentInLeaseCurrent`	$70.17M	USD	Point-in-time
Deferred costs	`DeferredCostsCurrent`	$22.31M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	13.50M	shares	Point-in-time
Deferred costs	`DeferredCostsCurrent`	$20.79M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	13.55M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$9.26M	USD	Point-in-time
Treasury stock, shares (in shares)	`TreasuryStockShares`	896,000.00	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$6.10M	USD	Point-in-time
Treasury stock, shares (in shares)	`TreasuryStockShares`	934,000.00	shares	Point-in-time
Total current assets	`AssetsCurrent`	$649.80M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$806.83M	USD	Point-in-time
Financing receivables and operating leases-net	`NotesAndLoansReceivableAndOperatingLeasesNetNoncurrent`	$74.16M	USD	Point-in-time
Financing receivables and operating leases-net	`NotesAndLoansReceivableAndOperatingLeasesNetNoncurrent`	$68.86M	USD	Point-in-time
Property, equipment and other assets	`OtherAssetsNoncurrent`	$33.02M	USD	Point-in-time
Property, equipment and other assets	`OtherAssetsNoncurrent`	$32.60M	USD	Point-in-time
Goodwill	`Goodwill`	$118.10M	USD	Point-in-time
Goodwill	`Goodwill`	$118.10M	USD	Point-in-time
Other intangible assets-net	`OtherIntangibleAssetsNet`	$34.46M	USD	Point-in-time
Other intangible assets-net	`OtherIntangibleAssetsNet`	$32.05M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$909.11M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$1.06B	USD	Point-in-time
TOTAL ASSETS	`Assets`	$874.81M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$136.51M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$82.92M	USD	Point-in-time
Accounts payable-floor plan	`AccountsPayableFloorPlan`	$127.42M	USD	Point-in-time
Accounts payable-floor plan	`AccountsPayableFloorPlan`	$175.70M	USD	Point-in-time
Salaries and commissions payable	`EmployeeRelatedLiabilitiesCurrent`	$30.95M	USD	Point-in-time
Salaries and commissions payable	`EmployeeRelatedLiabilitiesCurrent`	$26.46M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$55.48M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$57.27M	USD	Point-in-time
Recourse notes payable-current	`RecourseNotesPayableCurrent`	$37.26M	USD	Point-in-time
Recourse notes payable-current	`RecourseNotesPayableCurrent`	$37.27M	USD	Point-in-time
Non-recourse notes payable-current	`NonrecourseNotesPayableCurrent`	$29.63M	USD	Point-in-time
Non-recourse notes payable-current	`NonrecourseNotesPayableCurrent`	$55.67M	USD	Point-in-time
us-gaap_OtherLiabilitiesCurrent	`OtherLiabilitiesCurrent`	$30.68M	USD	Point-in-time
us-gaap_OtherLiabilitiesCurrent	`OtherLiabilitiesCurrent`	$22.99M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$519.56M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$386.64M	USD	Point-in-time
Non-recourse notes payable-long term	`NonrecourseNotesPayableNonCurrent`	$5.50M	USD	Point-in-time
Non-recourse notes payable-long term	`NonrecourseNotesPayableNonCurrent`	$5.87M	USD	Point-in-time
Deferred tax liability-net	`DeferredIncomeTaxLiabilitiesNet`	$2.73M	USD	Point-in-time
Deferred tax liability-net	`DeferredIncomeTaxLiabilitiesNet`	$2.73M	USD	Point-in-time
us-gaap_OtherLiabilitiesNoncurrent	`OtherLiabilitiesNoncurrent`	$28.35M	USD	Point-in-time
us-gaap_OtherLiabilitiesNoncurrent	`OtherLiabilitiesNoncurrent`	$27.73M	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$422.97M	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$556.14M	USD	Point-in-time
COMMITMENTS AND CONTINGENCIES (Note 10)	`CommitmentsAndContingencies`	-	USD	Point-in-time
COMMITMENTS AND CONTINGENCIES (Note 10)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $.01 per share par value; 2,000 shares authorized; none outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $.01 per share par value; 2,000 shares authorized; none outstanding	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $.01 per share par value; 25,000 shares authorized; 13,553 outstanding at June 30, 2020 and 13,500 outstanding at March 31, 2020	`CommonStockValue`	$145.00K	USD	Point-in-time
Common stock, $.01 per share par value; 25,000 shares authorized; 13,553 outstanding at June 30, 2020 and 13,500 outstanding at March 31, 2020	`CommonStockValue`	$144.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$145.20M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$147.08M	USD	Point-in-time
Treasury stock, at cost, 934 shares at June 30, 2020 and 896 shares at March 31, 2020	`TreasuryStockValue`	$68.42M	USD	Point-in-time
Treasury stock, at cost, 934 shares at June 30, 2020 and 896 shares at March 31, 2020	`TreasuryStockValue`	$71.13M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$410.22M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$427.58M	USD	Point-in-time
Accumulated other comprehensive income-foreign currency translation adjustment	`AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax`	$-991.00K	USD	Point-in-time
Accumulated other comprehensive income-foreign currency translation adjustment	`AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax`	$-954.00K	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$424.25M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$428.64M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$502.73M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$486.14M	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$1.06B	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$909.11M	USD	Point-in-time

Income Statement 32 line items

Line Item	Tag	Value	Unit	Period
Total	`Revenues`	$355.03M	USD	1 Quarter
Total	`Revenues`	$381.37M	USD	1 Quarter
Total	`CostOfGoodsAndServicesSold`	$256.47M	USD	1 Quarter
Total	`CostOfGoodsAndServicesSold`	$288.73M	USD	1 Quarter
Gross profit	`GrossProfit`	$98.56M	USD	1 Quarter
Gross profit	`GrossProfit`	$92.64M	USD	1 Quarter
Selling, general, and administrative	`SellingGeneralAndAdministrativeExpense`	$65.79M	USD	1 Quarter
Selling, general, and administrative	`SellingGeneralAndAdministrativeExpense`	$69.47M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$3.52M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$3.46M	USD	1 Quarter
Interest and financing costs	`InterestExpense`	$628.00K	USD	1 Quarter
Interest and financing costs	`InterestExpense`	$577.00K	USD	1 Quarter
Operating expenses	`OperatingExpenses`	$73.56M	USD	1 Quarter
Operating expenses	`OperatingExpenses`	$69.88M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$22.76M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$25.00M	USD	1 Quarter
Other income (expense)	`NonoperatingIncomeExpense`	$98.00K	USD	1 Quarter
Other income (expense)	`NonoperatingIncomeExpense`	$-45.00K	USD	1 Quarter
Earnings before tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$25.09M	USD	1 Quarter
Earnings before tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$22.72M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$7.74M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$6.53M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$16.19M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$17.36M	USD	1 Quarter
Net earnings per common share-basic (in dollars per share)	`EarningsPerShareBasic`	$1.21	USD	1 Quarter
Net earnings per common share-basic (in dollars per share)	`EarningsPerShareBasic`	$1.30	USD	1 Quarter
Net earnings per common share-diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.20	USD	1 Quarter
Net earnings per common share-diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.30	USD	1 Quarter
Weighted average common shares outstanding-basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	13.36M	shares	1 Quarter
Weighted average common shares outstanding-basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	13.32M	shares	1 Quarter
Weighted average common shares outstanding-diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	13.46M	shares	1 Quarter
Weighted average common shares outstanding-diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	13.39M	shares	1 Quarter

Cash Flow Statement 76 line items

Line Item	Tag	Value	Unit	Period
Net earnings	`NetIncomeLoss`	$16.19M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$17.36M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$4.96M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$4.78M	USD	1 Quarter
Reserve for credit losses	`ProvisionForLoanAndLeaseLosses`	$351.00K	USD	1 Quarter
Reserve for credit losses	`ProvisionForLoanAndLeaseLosses`	$787.00K	USD	1 Quarter
Share-based compensation expense	`ShareBasedCompensation`	$1.92M	USD	1 Quarter
Share-based compensation expense	`ShareBasedCompensation`	$1.89M	USD	1 Quarter
Deferred taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$3.00K	USD	1 Quarter
Deferred taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$-1.00K	USD	1 Quarter
Payments from lessees directly to lenders-operating leases	`PaymentsFromLesseesDirectlyToLendersOperatingLeases`	$8.00K	USD	1 Quarter
Payments from lessees directly to lenders-operating leases	`PaymentsFromLesseesDirectlyToLendersOperatingLeases`	$22.00K	USD	1 Quarter
Gain on disposal of property, equipment, and operating lease equipment	`GainLossOnDispositionOfPropertyIncludingOperatingLeaseEquipment`	$203.00K	USD	1 Quarter
Gain on disposal of property, equipment, and operating lease equipment	`GainLossOnDispositionOfPropertyIncludingOperatingLeaseEquipment`	$25.00K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$14.88M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$69.28M	USD	1 Quarter
Inventories-net	`IncreaseDecreaseInInventories`	$7.77M	USD	1 Quarter
Inventories-net	`IncreaseDecreaseInInventories`	$43.04M	USD	1 Quarter
Financing receivables-net	`IncreaseDecreaseInFinanceReceivables`	$24.75M	USD	1 Quarter
Financing receivables-net	`IncreaseDecreaseInFinanceReceivables`	$58.20M	USD	1 Quarter
Deferred costs and other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-4.97M	USD	1 Quarter
Deferred costs and other assets	`IncreaseDecreaseInOtherOperatingAssets`	$14.38M	USD	1 Quarter
Accounts payable-trade	`IncreaseDecreaseInAccountsPayable`	$21.09M	USD	1 Quarter
Accounts payable-trade	`IncreaseDecreaseInAccountsPayable`	$53.67M	USD	1 Quarter
Salaries and commissions payable, deferred revenue, and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$17.95M	USD	1 Quarter
Salaries and commissions payable, deferred revenue, and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$5.63M	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$6.39M	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-87.39M	USD	1 Quarter
Proceeds from sale of property, equipment, and operating lease equipment	`ProceedsFromSaleOfOtherProductiveAssets`	$118.00K	USD	1 Quarter
Proceeds from sale of property, equipment, and operating lease equipment	`ProceedsFromSaleOfOtherProductiveAssets`	$292.00K	USD	1 Quarter
Purchases of property, equipment, and operating lease equipment	`PaymentsToAcquireEquipmentOnLease`	$2.28M	USD	1 Quarter
Purchases of property, equipment, and operating lease equipment	`PaymentsToAcquireEquipmentOnLease`	$1.52M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.23M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-2.16M	USD	1 Quarter
Borrowings of non-recourse and recourse notes payable	`ProceedsFromNotesPayable`	$10.33M	USD	1 Quarter
Borrowings of non-recourse and recourse notes payable	`ProceedsFromNotesPayable`	$41.39M	USD	1 Quarter
Repayments of non-recourse and recourse notes payable	`RepaymentsOfNotesPayable`	$1.87M	USD	1 Quarter
Repayments of non-recourse and recourse notes payable	`RepaymentsOfNotesPayable`	$3.41M	USD	1 Quarter
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$13.32M	USD	1 Quarter
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$2.70M	USD	1 Quarter
Repayments of financing of acquisitions	`RepaymentsOfFinancingAcquisitions`	$265.00K	USD	1 Quarter
Repayments of financing of acquisitions	`RepaymentsOfFinancingAcquisitions`	-	USD	1 Quarter
Net borrowings on floor plan facility	`NetBorrowingsOrProceedsFromFloorPlanFacility`	$48.28M	USD	1 Quarter
Net borrowings on floor plan facility	`NetBorrowingsOrProceedsFromFloorPlanFacility`	$19.93M	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$54.04M	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$44.33M	USD	1 Quarter
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-124.00K	USD	1 Quarter
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$81.00K	USD	1 Quarter
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-44.21M	USD	1 Quarter
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$58.15M	USD	1 Quarter
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$79.82M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$86.23M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$35.60M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$144.38M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$79.82M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$86.23M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$35.60M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$144.38M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$558.00K	USD	1 Quarter
Cash paid for interest	`InterestPaidNet`	$595.00K	USD	1 Quarter
Cash paid for income taxes	`IncomeTaxesPaid`	$193.00K	USD	1 Quarter
Cash paid for income taxes	`IncomeTaxesPaid`	$5.62M	USD	1 Quarter
Cash paid for amounts included in the measurement of lease liabilities	`CashPaidForAmountsIncludedInMeasurementOfLeaseLiabilities`	$1.08M	USD	1 Quarter
Cash paid for amounts included in the measurement of lease liabilities	`CashPaidForAmountsIncludedInMeasurementOfLeaseLiabilities`	$1.50M	USD	1 Quarter
Purchases of property, equipment, and operating lease equipment	`CapitalExpendituresIncurredButNotYetPaid`	$237.00K	USD	1 Quarter
Purchases of property, equipment, and operating lease equipment	`CapitalExpendituresIncurredButNotYetPaid`	$1.95M	USD	1 Quarter
Borrowing of non-recourse and recourse notes payable	`BorrowingOfRecourseAndNonRecourseNotesPayableInNoncashFinancingActivity`	$30.05M	USD	1 Quarter
Borrowing of non-recourse and recourse notes payable	`BorrowingOfRecourseAndNonRecourseNotesPayableInNoncashFinancingActivity`	$22.82M	USD	1 Quarter
Repayments of non-recourse and recourse notes payable	`RepaymentsOfNonRecourseAndRecourseNotesPayableInNoncashFinancingActivity`	$22.00K	USD	1 Quarter
Repayments of non-recourse and recourse notes payable	`RepaymentsOfNonRecourseAndRecourseNotesPayableInNoncashFinancingActivity`	$8.00K	USD	1 Quarter
Vesting of share-based compensation	`FairValueOfVestedShares`	$7.47M	USD	1 Quarter
Vesting of share-based compensation	`FairValueOfVestedShares`	$7.77M	USD	1 Quarter
Repurchase of common stock	`RepurchaseOfCommonStockIncludedInAccountsPayable`	$137.00K	USD	1 Quarter
Repurchase of common stock	`RepurchaseOfCommonStockIncludedInAccountsPayable`	-	USD	1 Quarter
New operating lease assets obtained in exchange for lease obligations	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$726.00K	USD	1 Quarter
New operating lease assets obtained in exchange for lease obligations	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$1.29M	USD	1 Quarter

Stockholders Equity 22 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$424.25M	USD	Point-in-time
Balance	`StockholdersEquity`	$428.64M	USD	Point-in-time
Balance	`StockholdersEquity`	$502.73M	USD	Point-in-time
Balance	`StockholdersEquity`	$486.14M	USD	Point-in-time
Balance (in shares)	`CommonStockSharesOutstanding`	13.50M	shares	Point-in-time
Balance (in shares)	`CommonStockSharesOutstanding`	13.55M	shares	Point-in-time
Issuance of restricted stock awards	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$1.00K	USD	1 Quarter
Issuance of restricted stock awards	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$1.00K	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.92M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.89M	USD	1 Quarter
Repurchase of common stock	`TreasuryStockValueAcquiredCostMethod`	$2.70M	USD	1 Quarter
Repurchase of common stock	`TreasuryStockValueAcquiredCostMethod`	$13.46M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$16.19M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$17.36M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$37.00K	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-263.00K	USD	1 Quarter
Balance	`StockholdersEquity`	$424.25M	USD	Point-in-time
Balance	`StockholdersEquity`	$428.64M	USD	Point-in-time
Balance	`StockholdersEquity`	$502.73M	USD	Point-in-time
Balance	`StockholdersEquity`	$486.14M	USD	Point-in-time
Balance (in shares)	`CommonStockSharesOutstanding`	13.50M	shares	Point-in-time
Balance (in shares)	`CommonStockSharesOutstanding`	13.55M	shares	Point-in-time

Comprehensive Income 8 line items

Line Item	Tag	Value	Unit	Period
NET EARNINGS	`NetIncomeLoss`	$16.19M	USD	1 Quarter
NET EARNINGS	`NetIncomeLoss`	$17.36M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$37.00K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-263.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$37.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-263.00K	USD	1 Quarter
TOTAL COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTax`	$17.40M	USD	1 Quarter
TOTAL COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTax`	$15.93M	USD	1 Quarter

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