10-Q Filing

ENERGY RECOVERY, INC. CIK: 1421517 Q2 2019

Filing Information

Form Type	10-Q
Accession Number	`0001421517-19-000048`
Period End Date	20190630
Filing Date	20190802
Fiscal Year	2019
Fiscal Period	Q2
XBRL Instance	erii-20190630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 101 Income Statement 72 Cash Flow Statement 74 Stockholders Equity 18 Comprehensive Income 20

Balance Sheet 101 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$397.00K	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$396.00K	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$23.33M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$21.95M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$97.00K	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Short-term investments	`ShortTermInvestments`	$71.85M	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$73.34M	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`	$0.00	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $397 and $396 as of June 30, 2019 and December 31, 2018, respectively	`AccountsReceivableNetCurrent`	$10.21M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $397 and $396 as of June 30, 2019 and December 31, 2018, respectively	`AccountsReceivableNetCurrent`	$15.20M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Contract assets	`ContractWithCustomerAssetNetCurrent`	$4.08M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Contract assets	`ContractWithCustomerAssetNetCurrent`	$1.94M	USD	Point-in-time
Inventories, net	`InventoryNet`	$7.76M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	60.36M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	59.40M	shares	Point-in-time
Inventories, net	`InventoryNet`	$7.14M	USD	Point-in-time
Income taxes receivable	`IncomeTaxesReceivable`	$15.00K	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	53.94M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	54.90M	shares	Point-in-time
Income taxes receivable	`IncomeTaxesReceivable`	-	USD	Point-in-time
Treasury stock, at cost, shares (in shares)	`TreasuryStockShares`	5.46M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$2.25M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$2.81M	USD	Point-in-time
Treasury stock, at cost, shares (in shares)	`TreasuryStockShares`	5.46M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$122.33M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$119.65M	USD	Point-in-time
Restricted cash, non-current	`RestrictedCashAndCashEquivalentsNoncurrent`	$86.00K	USD	Point-in-time
Restricted cash, non-current	`RestrictedCashAndCashEquivalentsNoncurrent`	$88.00K	USD	Point-in-time
Long-term investments	`LongTermInvestments`	$1.51M	USD	Point-in-time
Long-term investments	`LongTermInvestments`	$1.27M	USD	Point-in-time
Deferred tax assets, non-current	`DeferredIncomeTaxAssetsNet`	$17.03M	USD	Point-in-time
Deferred tax assets, non-current	`DeferredIncomeTaxAssetsNet`	$18.32M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$17.38M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$14.62M	USD	Point-in-time
Operating lease, right of use asset	`OperatingLeaseRightOfUseAsset`	$12.19M	USD	Point-in-time
Operating lease, right of use asset	`OperatingLeaseRightOfUseAsset`	$11.70M	USD	Point-in-time
Goodwill	`Goodwill`	$12.79M	USD	Point-in-time
Goodwill	`Goodwill`	$12.79M	USD	Point-in-time
Other intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$640.00K	USD	Point-in-time
Other intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$327.00K	USD	Point-in-time
Other assets, non-current	`OtherAssetsNoncurrent`	$308.00K	USD	Point-in-time
Other assets, non-current	`OtherAssetsNoncurrent`	$282.00K	USD	Point-in-time
Total assets	`Assets`	$179.84M	USD	Point-in-time
Total assets	`Assets`	$183.47M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.46M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.44M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedExpensesAndOtherCurrentLiabilities`	$5.53M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedExpensesAndOtherCurrentLiabilities`	$8.02M	USD	Point-in-time
Lease liabilities	`OperatingLeaseLiabilityCurrent`	$983.00K	USD	Point-in-time
Lease liabilities	`OperatingLeaseLiabilityCurrent`	$926.00K	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$32.00K	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	-	USD	Point-in-time
Accrued warranty reserve	`ProductWarrantyAccrualClassifiedCurrent`	$366.00K	USD	Point-in-time
Accrued warranty reserve	`ProductWarrantyAccrualClassifiedCurrent`	$389.00K	USD	Point-in-time
Accrued warranty reserve	`ProductWarrantyAccrualClassifiedCurrent`	$359.00K	USD	Point-in-time
Accrued warranty reserve	`ProductWarrantyAccrualClassifiedCurrent`	$599.00K	USD	Point-in-time
Accrued warranty reserve	`ProductWarrantyAccrualClassifiedCurrent`	$478.00K	USD	Point-in-time
Accrued warranty reserve	`ProductWarrantyAccrualClassifiedCurrent`	$571.00K	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$16.27M	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$15.45M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$24.05M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$27.13M	USD	Point-in-time
Lease liabilities, non-current	`OperatingLeaseLiabilityNoncurrent`	$12.56M	USD	Point-in-time
Lease liabilities, non-current	`OperatingLeaseLiabilityNoncurrent`	$12.05M	USD	Point-in-time
Contract liabilities, non-current	`ContractWithCustomerLiabilityNoncurrent`	$19.63M	USD	Point-in-time
Contract liabilities, non-current	`ContractWithCustomerLiabilityNoncurrent`	$26.54M	USD	Point-in-time
Other non-current liabilities	`AccruedExpensesAndOtherNoncurrentLiabilities`	$236.00K	USD	Point-in-time
Other non-current liabilities	`AccruedExpensesAndOtherNoncurrentLiabilities`	$278.00K	USD	Point-in-time
Total liabilities	`Liabilities`	$56.01M	USD	Point-in-time
Total liabilities	`Liabilities`	$66.46M	USD	Point-in-time
Commitments and contingencies (Note 8)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 8)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $0.001 par value; 10,000,000 shares authorized; no shares issued or outstanding at June 30, 2019 and December 31, 2018	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.001 par value; 10,000,000 shares authorized; no shares issued or outstanding at June 30, 2019 and December 31, 2018	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.001 par value; 200,000,000 shares authorized; 60,359,930 shares issued and 54,903,995 shares outstanding at June 30, 2019 and 59,396,020 shares issued and 53,940,085 shares outstanding at December 31, 2018	`CommonStockValue`	$59.00K	USD	Point-in-time
Common stock, $0.001 par value; 200,000,000 shares authorized; 60,359,930 shares issued and 54,903,995 shares outstanding at June 30, 2019 and 59,396,020 shares issued and 53,940,085 shares outstanding at December 31, 2018	`CommonStockValue`	$60.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$165.98M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$158.40M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-2.00K	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-133.00K	USD	Point-in-time
Treasury stock at cost, 5,455,935 shares repurchased at June 30, 2019 and December 31, 2018	`TreasuryStockValue`	$30.49M	USD	Point-in-time
Treasury stock at cost, 5,455,935 shares repurchased at June 30, 2019 and December 31, 2018	`TreasuryStockValue`	$30.49M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-14.47M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-8.09M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$113.38M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$102.36M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$127.46M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$183.47M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$179.84M	USD	Point-in-time

Income Statement 72 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$34.57M	USD	2 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$20.76M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$42.59M	USD	2 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$22.80M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$4.93M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$5.50M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$10.76M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$11.08M	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$2.18M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$3.77M	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$4.34M	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$1.86M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$7.52M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$5.48M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$9.73M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$3.60M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$316.00K	USD	2 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$157.00K	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$313.00K	USD	2 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$158.00K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$13.32M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$10.55M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$25.47M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$22.37M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$2.91M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$4.24M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$4.00M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$6.70M	USD	2 Qtrs
Interest income	`InterestIncomeSecuritiesTaxable`	$528.00K	USD	1 Quarter
Interest income	`InterestIncomeSecuritiesTaxable`	$674.00K	USD	2 Qtrs
Interest income	`InterestIncomeSecuritiesTaxable`	$1.05M	USD	2 Qtrs
Interest income	`InterestIncomeSecuritiesTaxable`	$373.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$1.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$1.00K	USD	2 Qtrs
Interest expense	`InterestExpense`	-	USD	1 Quarter
Interest expense	`InterestExpense`	-	USD	2 Qtrs
Other non-operating (expense) income, net	`OtherNonoperatingIncomeExpense`	$-44.00K	USD	2 Qtrs
Other non-operating (expense) income, net	`OtherNonoperatingIncomeExpense`	$9.00K	USD	1 Quarter
Other non-operating (expense) income, net	`OtherNonoperatingIncomeExpense`	$-72.00K	USD	2 Qtrs
Other non-operating (expense) income, net	`OtherNonoperatingIncomeExpense`	$-48.00K	USD	1 Quarter
Total other income, net	`NonoperatingIncomeExpense`	$381.00K	USD	1 Quarter
Total other income, net	`NonoperatingIncomeExpense`	$480.00K	USD	1 Quarter
Total other income, net	`NonoperatingIncomeExpense`	$979.00K	USD	2 Qtrs
Total other income, net	`NonoperatingIncomeExpense`	$629.00K	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$4.62M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$3.54M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$7.68M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$4.47M	USD	1 Quarter
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$-11.48M	USD	2 Qtrs
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$1.31M	USD	2 Qtrs
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$756.00K	USD	1 Quarter
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$-11.12M	USD	1 Quarter
Net income	`NetIncomeLoss`	$3.72M	USD	1 Quarter
Net income	`NetIncomeLoss`	$15.02M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$6.37M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$15.74M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.07	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.12	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.28	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.29	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.11	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.07	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.28	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.27	USD	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	53.75M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	53.75M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	54.68M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	54.40M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	55.44M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	55.41M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	55.76M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	56.11M	shares	1 Quarter

Cash Flow Statement 74 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$3.72M	USD	1 Quarter
Net income	`NetIncomeLoss`	$15.02M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$6.37M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$15.74M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$3.07M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$3.18M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.95M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$2.04M	USD	2 Qtrs
(Accretion) amortization of premiums and discounts on investments	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-267.00K	USD	2 Qtrs
(Accretion) amortization of premiums and discounts on investments	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$30.00K	USD	2 Qtrs
Provision for warranty claims	`ProductWarrantyExpense`	$242.00K	USD	2 Qtrs
Provision for warranty claims	`ProductWarrantyExpense`	$135.00K	USD	2 Qtrs
Unrealized gain on foreign currency translation	`ForeignCurrencyTransactionGainLossBeforeTax`	$51.00K	USD	2 Qtrs
Unrealized gain on foreign currency translation	`ForeignCurrencyTransactionGainLossBeforeTax`	$48.00K	USD	2 Qtrs
Reversal of accruals related to expired warranties	`ReversalOfAccrualsRelatedToExpiredWarranties`	$84.00K	USD	2 Qtrs
Reversal of accruals related to expired warranties	`ReversalOfAccrualsRelatedToExpiredWarranties`	$83.00K	USD	2 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$328.00K	USD	2 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$1.00K	USD	2 Qtrs
Adjustments for excess or obsolete inventory	`ValuationAdjustmentsForExcessOrObsoleteInventory`	$-17.00K	USD	2 Qtrs
Adjustments for excess or obsolete inventory	`ValuationAdjustmentsForExcessOrObsoleteInventory`	$-62.00K	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$1.28M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-11.51M	USD	2 Qtrs
Loss on disposal of fixed assets	`GainLossOnSaleOfPropertyPlantEquipment`	$-22.00K	USD	2 Qtrs
Loss on disposal of fixed assets	`GainLossOnSaleOfPropertyPlantEquipment`	$-327.00K	USD	2 Qtrs
Other non-cash adjustments	`OtherNoncashIncomeExpense`	-	USD	2 Qtrs
Other non-cash adjustments	`OtherNoncashIncomeExpense`	$-2.00K	USD	2 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$-833.00K	USD	2 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$4.99M	USD	2 Qtrs
Contract assets, costs and estimated earnings in excess of billings	`IncreaseDecreaseInCostInExcessOfBillingOnUncompletedContract`	$-2.15M	USD	2 Qtrs
Contract assets, costs and estimated earnings in excess of billings	`IncreaseDecreaseInCostInExcessOfBillingOnUncompletedContract`	$-186.00K	USD	2 Qtrs
Inventories, net	`IncreaseDecreaseInInventories`	$907.00K	USD	2 Qtrs
Inventories, net	`IncreaseDecreaseInInventories`	$725.00K	USD	2 Qtrs
Prepaid and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-1.03M	USD	2 Qtrs
Prepaid and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$10.48M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$14.00K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-1.98M	USD	2 Qtrs
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-2.94M	USD	2 Qtrs
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$7.53M	USD	2 Qtrs
Income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-577.00K	USD	2 Qtrs
Income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$47.00K	USD	2 Qtrs
Contract liabilities, cost in excess of billings	`IncreaseDecreaseInContractLiabilities`	$-7.73M	USD	2 Qtrs
Contract liabilities, cost in excess of billings	`IncreaseDecreaseInContractLiabilities`	$-5.65M	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$3.00K	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-1.67M	USD	2 Qtrs
Maturities of marketable securities	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$40.64M	USD	2 Qtrs
Maturities of marketable securities	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$47.99M	USD	2 Qtrs
Purchases of marketable securities	`PaymentsToAcquireMarketableSecurities`	$43.12M	USD	2 Qtrs
Purchases of marketable securities	`PaymentsToAcquireMarketableSecurities`	$46.55M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.54M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$4.68M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-4.01M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-3.24M	USD	2 Qtrs
Net proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$2.39M	USD	2 Qtrs
Net proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$4.58M	USD	2 Qtrs
Tax payment for employee shares withheld	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$62.00K	USD	2 Qtrs
Tax payment for employee shares withheld	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$76.00K	USD	2 Qtrs
Repayment of long-term debt	`RepaymentsOfLongTermDebt`	-	USD	2 Qtrs
Repayment of long-term debt	`RepaymentsOfLongTermDebt`	$5.00K	USD	2 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$10.00M	USD	2 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-7.69M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$4.52M	USD	2 Qtrs
Effect of exchange rate differences on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$22.00K	USD	2 Qtrs
Effect of exchange rate differences on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	2 Qtrs
Net change in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$1.28M	USD	2 Qtrs
Net change in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-13.35M	USD	2 Qtrs
Cash, cash equivalents and restricted cash, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$17.27M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$23.42M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$22.14M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$30.63M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$17.27M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$23.42M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$22.14M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$30.63M	USD	Point-in-time

Stockholders Equity 18 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance	`StockholdersEquity`	$113.38M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$102.36M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$127.46M	USD	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	53.94M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	54.90M	shares	Point-in-time
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-26.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$131.00K	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$71.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-69.00K	USD	2 Qtrs
Net income	`NetIncomeLoss`	$3.72M	USD	1 Quarter
Net income	`NetIncomeLoss`	$15.02M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$6.37M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$15.74M	USD	1 Quarter
Ending balance (in shares)	`CommonStockSharesOutstanding`	53.94M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	54.90M	shares	Point-in-time
Ending Balance	`StockholdersEquity`	$113.38M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$102.36M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$127.46M	USD	Point-in-time

Comprehensive Income 20 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$3.72M	USD	1 Quarter
Net income	`NetIncomeLoss`	$15.02M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$6.37M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$15.74M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-12.00K	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$7.00K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-33.00K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-1.00K	USD	2 Qtrs
Unrealized gain (loss) on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$7.00K	USD	1 Quarter
Unrealized gain (loss) on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$64.00K	USD	1 Quarter
Unrealized gain (loss) on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-57.00K	USD	2 Qtrs
Unrealized gain (loss) on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$132.00K	USD	2 Qtrs
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-26.00K	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$131.00K	USD	2 Qtrs
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$71.00K	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-69.00K	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$14.95M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$3.79M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$6.50M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$15.72M	USD	1 Quarter

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