10-Q Filing

CLEARFIELD, INC. CIK: 796505 Q2 2020

Filing Information

Form Type	10-Q
Accession Number	`0001171843-20-003168`
Period End Date	20200331
Filing Date	20200501
Fiscal Year	2020
Fiscal Period	Q2
XBRL Instance	clfd-20200331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 82 Income Statement 52 Cash Flow Statement 54 Stockholders Equity 33

Balance Sheet 82 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
Preferred stock, authorized shares (in shares)	`PreferredStockSharesAuthorized`	500,000.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$10.08M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$7.91M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$8.58M	USD	Point-in-time
Preferred stock, authorized shares (in shares)	`PreferredStockSharesAuthorized`	500,000.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$8.55M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Short-term investments	`ShortTermInvestments`	$14.71M	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$13.52M	USD	Point-in-time
Accounts receivables, net	`AccountsReceivableNetCurrent`	$8.07M	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
Accounts receivables, net	`AccountsReceivableNetCurrent`	$9.12M	USD	Point-in-time
Inventories, net	`InventoryNet`	$11.69M	USD	Point-in-time
Common stock, authorized (in shares)	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Common stock, authorized (in shares)	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Inventories, net	`InventoryNet`	$9.01M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$769.16K	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$687.88K	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
Total current assets	`AssetsCurrent`	$42.51M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	13.64M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$43.73M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	13.63M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	13.63M	shares	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$5.41M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	13.64M	shares	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$5.56M	USD	Point-in-time
Long-term investments	`LongTermInvestments`	$23.90M	USD	Point-in-time
Long-term investments	`LongTermInvestments`	$25.13M	USD	Point-in-time
Goodwill	`Goodwill`	$4.71M	USD	Point-in-time
Goodwill	`Goodwill`	$4.71M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$5.15M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$4.97M	USD	Point-in-time
Right of use lease asset	`OperatingLeaseRightOfUseAsset`	$2.91M	USD	Point-in-time
Right of use lease asset	`OperatingLeaseRightOfUseAsset`	-	USD	Point-in-time
Other	`OtherAssetsNoncurrent`	$210.91K	USD	Point-in-time
Other	`OtherAssetsNoncurrent`	$194.17K	USD	Point-in-time
Total other assets	`AssetsNoncurrentExcludingPropertyPlantAndEquipment`	$33.97M	USD	Point-in-time
Total other assets	`AssetsNoncurrentExcludingPropertyPlantAndEquipment`	$37.91M	USD	Point-in-time
Total Assets	`Assets`	$87.21M	USD	Point-in-time
Total Assets	`Assets`	$81.89M	USD	Point-in-time
Current portion of lease liability	`OperatingLeaseLiabilityCurrent`	-	USD	Point-in-time
Current portion of lease liability	`OperatingLeaseLiabilityCurrent`	$714.01K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$3.17M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$3.87M	USD	Point-in-time
Accrued compensation	`AccruedSalariesCurrent`	$3.47M	USD	Point-in-time
Accrued compensation	`AccruedSalariesCurrent`	$3.22M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$208.60K	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$327.36K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$6.61M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$8.39M	USD	Point-in-time
Long-term portion of lease liability	`OperatingLeaseLiabilityNoncurrent`	$2.47M	USD	Point-in-time
Long-term portion of lease liability	`OperatingLeaseLiabilityNoncurrent`	-	USD	Point-in-time
Deferred taxes	`DeferredIncomeTaxLiabilitiesNet`	$101.69K	USD	Point-in-time
Deferred taxes	`DeferredIncomeTaxLiabilitiesNet`	$101.69K	USD	Point-in-time
Deferred rent	`DeferredRentCredit`	$246.42K	USD	Point-in-time
Deferred rent	`DeferredRentCredit`	-	USD	Point-in-time
Total other liabilities	`LiabilitiesNoncurrent`	$348.11K	USD	Point-in-time
Total other liabilities	`LiabilitiesNoncurrent`	$2.57M	USD	Point-in-time
Total liabilities	`Liabilities`	$10.96M	USD	Point-in-time
Total liabilities	`Liabilities`	$6.96M	USD	Point-in-time
Preferred stock, $.01 par value; 500,000 shares; no shares issued or outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $.01 par value; 500,000 shares; no shares issued or outstanding	`PreferredStockValue`	-	USD	Point-in-time
Common stock, authorized 50,000,000, $.01 par value; 13,627,639 and 13,641,805 shares issued and outstanding as of March 31, 2020 and September 30, 2019	`CommonStockValue`	$136.42K	USD	Point-in-time
Common stock, authorized 50,000,000, $.01 par value; 13,627,639 and 13,641,805 shares issued and outstanding as of March 31, 2020 and September 30, 2019	`CommonStockValue`	$136.28K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$57.04M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$56.98M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$17.82M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$19.07M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$70.56M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$74.93M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$76.25M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$75.84M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$68.87M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$71.49M	USD	Point-in-time
Total Liabilities and Shareholders Equity	`LiabilitiesAndStockholdersEquity`	$81.89M	USD	Point-in-time
Total Liabilities and Shareholders Equity	`LiabilitiesAndStockholdersEquity`	$87.21M	USD	Point-in-time

Income Statement 52 line items

Line Item	Tag	Value	Unit	Period
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$39.17M	USD	2 Qtrs
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$20.41M	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$19.08M	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$39.79M	USD	2 Qtrs
Cost of sales	`CostOfRevenue`	$24.20M	USD	2 Qtrs
Cost of sales	`CostOfRevenue`	$23.91M	USD	2 Qtrs
Cost of sales	`CostOfRevenue`	$12.06M	USD	1 Quarter
Cost of sales	`CostOfRevenue`	$12.26M	USD	1 Quarter
Gross profit	`GrossProfit`	$7.03M	USD	1 Quarter
Gross profit	`GrossProfit`	$15.88M	USD	2 Qtrs
Gross profit	`GrossProfit`	$8.15M	USD	1 Quarter
Gross profit	`GrossProfit`	$14.97M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$7.43M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$13.50M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$14.76M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$6.73M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$1.47M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$720.17K	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$1.12M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$297.50K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$304.58K	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$217.72K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$169.44K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$440.97K	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$937.90K	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$1.56M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$466.94K	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$1.77M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$395.00K	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$99.00K	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$190.00K	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$313.00K	USD	2 Qtrs
Net income	`NetIncomeLoss`	$747.90K	USD	1 Quarter
Net income	`NetIncomeLoss`	$367.94K	USD	1 Quarter
Net income	`NetIncomeLoss`	$1.38M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$1.25M	USD	2 Qtrs
Net income per share Basic (in dollars per share)	`EarningsPerShareBasic`	$0.09	USD	2 Qtrs
Net income per share Basic (in dollars per share)	`EarningsPerShareBasic`	$0.10	USD	2 Qtrs
Net income per share Basic (in dollars per share)	`EarningsPerShareBasic`	$0.02	USD	1 Quarter
Net income per share Basic (in dollars per share)	`EarningsPerShareBasic`	$0.05	USD	1 Quarter
Net income per share Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.10	USD	2 Qtrs
Net income per share Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.05	USD	1 Quarter
Net income per share Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.09	USD	2 Qtrs
Net income per share Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.02	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	13.52M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	13.42M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	13.41M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	13.52M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	13.52M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	13.57M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	13.45M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	13.43M	shares	2 Qtrs

Cash Flow Statement 54 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$747.90K	USD	1 Quarter
Net income	`NetIncomeLoss`	$367.94K	USD	1 Quarter
Net income	`NetIncomeLoss`	$1.38M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$1.25M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.06M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.21M	USD	2 Qtrs
Change in allowance for doubtful accounts	`IncreaseDecreaseInAllowanceForDoubtfulAccounts`	-	USD	2 Qtrs
Change in allowance for doubtful accounts	`IncreaseDecreaseInAllowanceForDoubtfulAccounts`	$210.00K	USD	2 Qtrs
Amortization of discount on investments	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$55.64K	USD	2 Qtrs
Amortization of discount on investments	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$15.86K	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$328.52K	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$1.10M	USD	2 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$-1.05M	USD	2 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$-3.62M	USD	2 Qtrs
Inventories, net	`IncreaseDecreaseInInventories`	$-1.78M	USD	2 Qtrs
Inventories, net	`IncreaseDecreaseInInventories`	$2.68M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$486.55K	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-98.01K	USD	2 Qtrs
Accounts payable, accrued expenses and deferred rent	`IncreaseDecreaseInAccountsPayableAccruedExpensesAndDeferredRent`	$-179.02K	USD	2 Qtrs
Accounts payable, accrued expenses and deferred rent	`IncreaseDecreaseInAccountsPayableAccruedExpensesAndDeferredRent`	$1.09M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$2.30M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$8.47M	USD	2 Qtrs
Purchases of property, plant and equipment and intangible assets	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.18M	USD	2 Qtrs
Purchases of property, plant and equipment and intangible assets	`PaymentsToAcquirePropertyPlantAndEquipment`	$551.61K	USD	2 Qtrs
Purchases of investments	`PaymentsToAcquireInvestments`	$12.27M	USD	2 Qtrs
Purchases of investments	`PaymentsToAcquireInvestments`	$19.08M	USD	2 Qtrs
Proceeds from maturities of investments	`ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities`	$16.72M	USD	2 Qtrs
Proceeds from maturities of investments	`ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities`	$3.57M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-3.54M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-9.25M	USD	2 Qtrs
Proceeds from issuance of common stock under employee stock purchase plan	`ProceedsFromIssuanceOfCommonStock`	$169.65K	USD	2 Qtrs
Proceeds from issuance of common stock under employee stock purchase plan	`ProceedsFromIssuanceOfCommonStock`	$145.94K	USD	2 Qtrs
Proceeds from issuance of common stock upon exercise of stock options	`ProceedsFromStockOptionsExercised`	$2.58K	USD	2 Qtrs
Proceeds from issuance of common stock upon exercise of stock options	`ProceedsFromStockOptionsExercised`	$24.00	USD	2 Qtrs
Tax withholding related to vesting of restricted stock grants	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$6.68K	USD	2 Qtrs
Tax withholding related to vesting of restricted stock grants	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$5.80K	USD	2 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	2 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$428.65K	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-262.22K	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$139.29K	USD	2 Qtrs
Decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-1.51M	USD	2 Qtrs
Decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-642.15K	USD	2 Qtrs
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$10.08M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$7.91M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$8.58M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$8.55M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$10.08M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$7.91M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$8.58M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$8.55M	USD	Point-in-time
Cash paid during the year for income taxes	`IncomeTaxesPaidNet`	$1.05M	USD	2 Qtrs
Cash paid during the year for income taxes	`IncomeTaxesPaidNet`	$355.66K	USD	2 Qtrs
Cashless exercise of stock options	`IssuanceOfCommonStockFundedThroughSharesSoldToCompany`	$17.39K	USD	2 Qtrs
Cashless exercise of stock options	`IssuanceOfCommonStockFundedThroughSharesSoldToCompany`	$7.74K	USD	2 Qtrs

Stockholders Equity 33 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$70.56M	USD	Point-in-time
Balance	`StockholdersEquity`	$74.93M	USD	Point-in-time
Balance	`StockholdersEquity`	$76.25M	USD	Point-in-time
Balance	`StockholdersEquity`	$75.84M	USD	Point-in-time
Balance	`StockholdersEquity`	$68.87M	USD	Point-in-time
Balance	`StockholdersEquity`	$71.49M	USD	Point-in-time
Repurchase of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$428.65K	USD	1 Quarter
Repurchase of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$428.65K	USD	2 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$87.94K	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$563.67K	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$328.52K	USD	2 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.10M	USD	2 Qtrs
Restricted stock issuance, net	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	-	USD	1 Quarter
Restricted stock issuance, net	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	-	USD	2 Qtrs
Exercise of stock options (in shares)	`StockIssuedDuringPeriodSharesStockOptionsExercised`	4,000.00	shares	2 Qtrs
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$2.00	USD	1 Quarter
Net income	`NetIncomeLoss`	$747.90K	USD	1 Quarter
Net income	`NetIncomeLoss`	$367.94K	USD	1 Quarter
Net income	`NetIncomeLoss`	$1.38M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$1.25M	USD	2 Qtrs
Exercise of stock options, net of shares exchanged for payment	`StockIssuedDuringPeriodValueStockOptionsExercisedNetOfSharesExchangedForPayment`	$2.58K	USD	2 Qtrs
Exercise of stock options, net of shares exchanged for payment	`StockIssuedDuringPeriodValueStockOptionsExercisedNetOfSharesExchangedForPayment`	$24.00	USD	2 Qtrs
Exercise of stock options, net of shares exchanged for payment	`StockIssuedDuringPeriodValueStockOptionsExercisedNetOfSharesExchangedForPayment`	$7.00	USD	1 Quarter
Issuance of common stock under employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$169.65K	USD	2 Qtrs
Issuance of common stock under employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$145.94K	USD	2 Qtrs
Tax withholding related to vesting of restricted stock grants	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$6.68K	USD	2 Qtrs
Tax withholding related to vesting of restricted stock grants	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$5.80K	USD	2 Qtrs
Balance	`StockholdersEquity`	$70.56M	USD	Point-in-time
Balance	`StockholdersEquity`	$74.93M	USD	Point-in-time
Balance	`StockholdersEquity`	$76.25M	USD	Point-in-time
Balance	`StockholdersEquity`	$75.84M	USD	Point-in-time
Balance	`StockholdersEquity`	$68.87M	USD	Point-in-time
Balance	`StockholdersEquity`	$71.49M	USD	Point-in-time

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