10-Q Filing

SMITH & WESSON BRANDS, INC. CIK: 1092796 Q1 2015

Filing Information

Form Type	10-Q
Accession Number	`0001193125-14-321638`
Period End Date	20140731
Filing Date	20140826
Fiscal Year	2015
Fiscal Period	Q1
XBRL Instance	swhc-20140731.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 87 Income Statement 50 Cash Flow Statement 79 Stockholders Equity 13

Balance Sheet 87 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	$850.00K	USD	Point-in-time
Allowance for doubtful accounts receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	$844.00K	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	20.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$146.46M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$68.86M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$100.49M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	20.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$83.46M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $850 on July 31, 2014 and $844 on April 30, 2014	`AccountsReceivableNetCurrent`	$55.89M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $850 on July 31, 2014 and $844 on April 30, 2014	`AccountsReceivableNetCurrent`	$53.41M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Inventories	`FIFOInventoryAmount`	$86.74M	USD	Point-in-time
Inventories	`FIFOInventoryAmount`	$101.32M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$8.20M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$5.96M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$16.88M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$17.09M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	68.99M	shares	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$4.63M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	68.81M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$263.26M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$239.17M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	53.43M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	55.35M	shares	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentNet`	$120.44M	USD	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentNet`	$133.59M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	15.56M	shares	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	13.46M	shares	Point-in-time
Intangibles, net	`IntangibleAssetsNetExcludingGoodwill`	$4.26M	USD	Point-in-time
Intangibles, net	`IntangibleAssetsNetExcludingGoodwill`	$3.42M	USD	Point-in-time
Goodwill	`Goodwill`	$14.01M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$20.64M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$18.47M	USD	Point-in-time
Assets, Total	`Assets`	$435.75M	USD	Point-in-time
Assets, Total	`Assets`	$381.50M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$35.87M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$37.69M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$16.05M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$14.96M	USD	Point-in-time
Accrued payroll	`EmployeeRelatedLiabilitiesCurrent`	$15.82M	USD	Point-in-time
Accrued payroll	`EmployeeRelatedLiabilitiesCurrent`	$7.80M	USD	Point-in-time
Accrued income taxes	`AccruedIncomeTaxesCurrent`	$4.12M	USD	Point-in-time
Accrued taxes other than income	`AccrualForTaxesOtherThanIncomeTaxesCurrent`	$5.36M	USD	Point-in-time
Accrued taxes other than income	`AccrualForTaxesOtherThanIncomeTaxesCurrent`	$4.34M	USD	Point-in-time
Accrued profit sharing	`DeferredCompensationCashBasedArrangementsLiabilityCurrent`	$11.06M	USD	Point-in-time
Accrued profit sharing	`DeferredCompensationCashBasedArrangementsLiabilityCurrent`	$12.31M	USD	Point-in-time
Accrued product/municipal liability	`LitigationReserveCurrent`	$1.06M	USD	Point-in-time
Accrued product/municipal liability	`LitigationReserveCurrent`	$996.00K	USD	Point-in-time
Accrued warranty	`ProductWarrantyAccrualClassifiedCurrent`	$5.16M	USD	Point-in-time
Accrued warranty	`ProductWarrantyAccrualClassifiedCurrent`	$5.51M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$92.54M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$85.56M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$11.42M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$11.20M	USD	Point-in-time
Notes payable	`LongTermNotesPayable`	$175.00M	USD	Point-in-time
Notes payable	`LongTermNotesPayable`	$100.00M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$11.03M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$10.72M	USD	Point-in-time
Total liabilities	`Liabilities`	$214.68M	USD	Point-in-time
Total liabilities	`Liabilities`	$282.80M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $.001 par value, 20,000,000 shares authorized, no shares issued or outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $.001 par value, 20,000,000 shares authorized, no shares issued or outstanding	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $.001 par value, 100,000,000 shares authorized, 68,989,945 shares issued and 53,427,323 shares outstanding on July 31, 2014 and 68,809,986 shares issued and 55,352,679 shares outstanding on April 30, 2014	`CommonStockValue`	$69.00K	USD	Point-in-time
Common stock, $.001 par value, 100,000,000 shares authorized, 68,989,945 shares issued and 53,427,323 shares outstanding on July 31, 2014 and 68,809,986 shares issued and 55,352,679 shares outstanding on April 30, 2014	`CommonStockValue`	$69.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$211.22M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$212.84M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$97.74M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$112.30M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$73.00K	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$73.00K	USD	Point-in-time
Treasury stock, at cost (15,562,622 common shares on July 31, 2014 and 13,457,307 common shares on April 30, 2014)	`TreasuryStockValue`	$172.32M	USD	Point-in-time
Treasury stock, at cost (15,562,622 common shares on July 31, 2014 and 13,457,307 common shares on April 30, 2014)	`TreasuryStockValue`	$142.28M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$152.96M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$166.82M	USD	Point-in-time
Liabilities and Equity, Total	`LiabilitiesAndStockholdersEquity`	$435.75M	USD	Point-in-time
Liabilities and Equity, Total	`LiabilitiesAndStockholdersEquity`	$381.50M	USD	Point-in-time

Income Statement 50 line items

Line Item	Tag	Value	Unit	Period
Net sales	`SalesRevenueNet`	$131.87M	USD	1 Quarter
Net sales	`SalesRevenueNet`	$171.02M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$82.75M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$98.25M	USD	1 Quarter
Gross profit	`GrossProfit`	$49.12M	USD	1 Quarter
Gross profit	`GrossProfit`	$72.77M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$1.46M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$1.36M	USD	1 Quarter
Selling and marketing	`SellingAndMarketingExpense`	$7.95M	USD	1 Quarter
Selling and marketing	`SellingAndMarketingExpense`	$7.55M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$13.94M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$15.85M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$23.35M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$24.76M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$25.77M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$48.01M	USD	1 Quarter
Other income/(expense), net	`OtherNonoperatingIncomeExpense`	$-6.00K	USD	1 Quarter
Other income/(expense), net	`OtherNonoperatingIncomeExpense`	$5.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$102.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$24.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$1.98M	USD	1 Quarter
Interest expense	`InterestExpense`	$6.67M	USD	1 Quarter
Total other income/(expense), net	`NonoperatingIncomeExpense`	$-1.97M	USD	1 Quarter
Total other income/(expense), net	`NonoperatingIncomeExpense`	$-6.57M	USD	1 Quarter
Income from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$23.80M	USD	1 Quarter
Income from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$41.45M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$9.19M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$14.92M	USD	1 Quarter
Income from continuing operations	`IncomeLossFromContinuingOperations`	$14.62M	USD	1 Quarter
Income from continuing operations	`IncomeLossFromContinuingOperations`	$26.53M	USD	1 Quarter
Loss from operations of discontinued security solutions division	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax`	$-95.00K	USD	1 Quarter
Loss from operations of discontinued security solutions division	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax`	$-52.00K	USD	1 Quarter
Income tax benefit	`DiscontinuedOperationTaxEffectOfDiscontinuedOperation`	$-3.00K	USD	1 Quarter
Income tax benefit	`DiscontinuedOperationTaxEffectOfDiscontinuedOperation`	$-33.00K	USD	1 Quarter
Loss from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$-62.00K	USD	1 Quarter
Loss from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$-49.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$26.48M	USD	1 Quarter
Net income	`NetIncomeLoss`	$14.56M	USD	1 Quarter
Basic - continuing operations	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.27	USD	1 Quarter
Basic - continuing operations	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.41	USD	1 Quarter
Basic - total	`EarningsPerShareBasic`	$0.41	USD	1 Quarter
Basic - total	`EarningsPerShareBasic`	$0.27	USD	1 Quarter
Diluted - continuing operations	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.40	USD	1 Quarter
Diluted - continuing operations	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.26	USD	1 Quarter
Diluted - total	`EarningsPerShareDiluted`	$0.26	USD	1 Quarter
Diluted - total	`EarningsPerShareDiluted`	$0.40	USD	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	54.83M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	64.23M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	65.62M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	56.15M	shares	1 Quarter

Cash Flow Statement 79 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$26.48M	USD	1 Quarter
Net income	`NetIncomeLoss`	$14.56M	USD	1 Quarter
Amortization and depreciation	`DepreciationDepletionAndAmortization`	$6.11M	USD	1 Quarter
Amortization and depreciation	`DepreciationDepletionAndAmortization`	$5.68M	USD	1 Quarter
(Gain)/loss on sale/disposition of assets	`GainLossOnDispositionOfAssets`	$-74.00K	USD	1 Quarter
(Gain)/loss on sale/disposition of assets	`GainLossOnDispositionOfAssets`	$88.00K	USD	1 Quarter
Provisions for/(recoveries of) losses on accounts receivable	`ProvisionForRecoveryOfDoubtfulAccounts`	$-192.00K	USD	1 Quarter
Provisions for/(recoveries of) losses on accounts receivable	`ProvisionForRecoveryOfDoubtfulAccounts`	$17.00K	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$1.58M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$2.20M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$7.48M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-5.21M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$234.00K	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$11.60M	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidExpensesOther`	$2.24M	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidExpensesOther`	$2.25M	USD	1 Quarter
Income tax (payable)/receivable	`IncreaseDecreaseInIncomeTaxesReceivable`	$1.50M	USD	1 Quarter
Income tax (payable)/receivable	`IncreaseDecreaseInIncomeTaxesReceivable`	$-8.75M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$2.31M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-2.18M	USD	1 Quarter
Accrued payroll	`IncreaseDecreaseInAccruedSalaries`	$-8.38M	USD	1 Quarter
Accrued payroll	`IncreaseDecreaseInAccruedSalaries`	$-5.13M	USD	1 Quarter
Accrued taxes other than income	`IncreaseDecreaseInPropertyAndOtherTaxesPayable`	$-1.02M	USD	1 Quarter
Accrued taxes other than income	`IncreaseDecreaseInPropertyAndOtherTaxesPayable`	$-749.00K	USD	1 Quarter
Accrued profit sharing	`IncreaseDecreaseInDeferredCompensation`	$1.25M	USD	1 Quarter
Accrued profit sharing	`IncreaseDecreaseInDeferredCompensation`	$2.85M	USD	1 Quarter
Accrued other expenses	`IncreaseDecreaseInOtherAccruedLiabilities`	$311.00K	USD	1 Quarter
Accrued other expenses	`IncreaseDecreaseInOtherAccruedLiabilities`	$-1.12M	USD	1 Quarter
Accrued product/municipal liability	`IncreaseDecreaseInEstimatedLitigationLiability`	$-60.00K	USD	1 Quarter
Accrued product/municipal liability	`IncreaseDecreaseInEstimatedLitigationLiability`	$72.00K	USD	1 Quarter
Accrued warranty	`ProductWarrantyAccrualPeriodIncreaseDecrease`	$-353.00K	USD	1 Quarter
Accrued warranty	`ProductWarrantyAccrualPeriodIncreaseDecrease`	$156.00K	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$4.60M	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$110.00K	USD	1 Quarter
Other non-current liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$1.00M	USD	1 Quarter
Other non-current liabilities	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$460.00K	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$19.01M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$10.78M	USD	1 Quarter
Payments for the net assets of Tri Town Precision Plastics, Inc.	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$24.09M	USD	1 Quarter
Receipts from note receivable	`ProceedsFromCollectionOfNotesReceivable`	$21.00K	USD	1 Quarter
Receipts from note receivable	`ProceedsFromCollectionOfNotesReceivable`	$19.00K	USD	1 Quarter
Payments to acquire patents and software	`PaymentsToAcquireIntangibleAssets`	$34.00K	USD	1 Quarter
Payments to acquire patents and software	`PaymentsToAcquireIntangibleAssets`	$41.00K	USD	1 Quarter
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$12.00K	USD	1 Quarter
Payments to acquire property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$12.04M	USD	1 Quarter
Payments to acquire property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$14.59M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-12.04M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-38.70M	USD	1 Quarter
Proceeds from loans and notes payable	`ProceedsFromIssuanceOfLongTermDebt`	$75.00M	USD	1 Quarter
Proceeds from loans and notes payable	`ProceedsFromIssuanceOfLongTermDebt`	$101.58M	USD	1 Quarter
Cash paid for debt issue costs	`PaymentsOfDebtIssuanceCosts`	$3.17M	USD	1 Quarter
Cash paid for debt issue costs	`PaymentsOfDebtIssuanceCosts`	$2.34M	USD	1 Quarter
Payments on capital lease obligation	`RepaymentsOfLongTermCapitalLeaseObligations`	$150.00K	USD	1 Quarter
Payments on capital lease obligation	`RepaymentsOfLongTermCapitalLeaseObligations`	$150.00K	USD	1 Quarter
Payments on loans and notes payable	`RepaymentsOfLongTermDebt`	$43.88M	USD	1 Quarter
Payments to acquire treasury stock	`PaymentsForRepurchaseOfCommonStock`	$30.04M	USD	1 Quarter
Payments to acquire treasury stock	`PaymentsForRepurchaseOfCommonStock`	$15.99M	USD	1 Quarter
Proceeds from exercise of options to acquire common stock	`ProceedsFromStockOptionsExercised`	$534.00K	USD	1 Quarter
Proceeds from exercise of options to acquire common stock	`ProceedsFromStockOptionsExercised`	$424.00K	USD	1 Quarter
Payroll taxes paid as a result of restricted stock unit withholdings	`TaxesPaidRelatedToRestrictedStockIssuance`	$-444.00K	USD	1 Quarter
Payroll taxes paid as a result of restricted stock unit withholdings	`TaxesPaidRelatedToRestrictedStockIssuance`	$-11.00K	USD	1 Quarter
Excess tax benefit of stock-based compensation	`ProceedsAndExcessTaxBenefitFromSharebasedCompensation`	$61.00K	USD	1 Quarter
Excess tax benefit of stock-based compensation	`ProceedsAndExcessTaxBenefitFromSharebasedCompensation`	$81.00K	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$39.00M	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$42.51M	USD	1 Quarter
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$45.97M	USD	1 Quarter
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$14.60M	USD	1 Quarter
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$146.46M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$68.86M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$100.49M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$83.46M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$146.46M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$68.86M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$100.49M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$83.46M	USD	Point-in-time
Interest	`InterestPaid`	$3.01M	USD	1 Quarter
Interest	`InterestPaid`	$4.57M	USD	1 Quarter
Income taxes	`IncomeTaxesPaid`	$639.00K	USD	1 Quarter
Income taxes	`IncomeTaxesPaid`	$16.33M	USD	1 Quarter

Stockholders Equity 13 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$152.96M	USD	Point-in-time
Balance	`StockholdersEquity`	$166.82M	USD	Point-in-time
Exercise of employee stock options (in shares)	`StockIssuedDuringPeriodSharesStockOptionsExercised`	111,467.00	shares	1 Quarter
Exercise of employee stock options (in shares)	`StockIssuedDuringPeriodSharesStockOptionsExercised`	99,554.00	shares	1 Quarter
Exercise of employee stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$424.00K	USD	1 Quarter
Repurchase of common stock	`TreasuryStockValueAcquiredCostMethod`	$30.04M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.58M	USD	1 Quarter
Excess tax benefit for stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation`	$61.00K	USD	1 Quarter
Issuance of common stock under restricted stock unit awards, net of shares surrendered	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$-444.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$26.48M	USD	1 Quarter
Net income	`NetIncomeLoss`	$14.56M	USD	1 Quarter
Balance	`StockholdersEquity`	$152.96M	USD	Point-in-time
Balance	`StockholdersEquity`	$166.82M	USD	Point-in-time

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