10-Q Filing

ENERGY RECOVERY, INC. CIK: 1421517 Q3 2019

Filing Information

Form Type	10-Q
Accession Number	`0001421517-19-000064`
Period End Date	20190930
Filing Date	20191101
Fiscal Year	2019
Fiscal Period	Q3
XBRL Instance	erii-20190930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 87 Income Statement 72 Cash Flow Statement 78 Stockholders Equity 18 Comprehensive Income 20

Balance Sheet 87 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$396.00K	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$377.00K	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
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsCurrent`	$29.70M	USD	Point-in-time
Cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsCurrent`	$22.05M	USD	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
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Short-term investments	`ShortTermInvestments`	$73.34M	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$59.91M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $377 and $396 at September 30, 2019 and December 31, 2018, respectively	`AccountsReceivableNetCurrent`	$20.85M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $377 and $396 at September 30, 2019 and December 31, 2018, respectively	`AccountsReceivableNetCurrent`	$10.21M	USD	Point-in-time
Contract assets	`ContractWithCustomerAssetNetCurrent`	$1.09M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Contract assets	`ContractWithCustomerAssetNetCurrent`	$4.08M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Inventories, net	`InventoryNet`	$8.98M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Inventories, net	`InventoryNet`	$7.14M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	60.57M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$3.15M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	59.40M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$2.83M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$123.66M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	53.94M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	55.11M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$119.65M	USD	Point-in-time
Treasury stock, at cost, shares (in shares)	`TreasuryStockShares`	5.46M	shares	Point-in-time
Long-term investments	`LongTermInvestments`	$1.27M	USD	Point-in-time
Long-term investments	`LongTermInvestments`	$7.55M	USD	Point-in-time
Treasury stock, at cost, shares (in shares)	`TreasuryStockShares`	5.46M	shares	Point-in-time
Deferred tax assets, non-current	`DeferredIncomeTaxAssetsNet`	$18.32M	USD	Point-in-time
Deferred tax assets, non-current	`DeferredIncomeTaxAssetsNet`	$17.12M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$17.44M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$14.62M	USD	Point-in-time
Operating lease, right of use asset	`OperatingLeaseRightOfUseAsset`	$11.45M	USD	Point-in-time
Operating lease, right of use asset	`OperatingLeaseRightOfUseAsset`	$12.19M	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`	$171.00K	USD	Point-in-time
Other intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$640.00K	USD	Point-in-time
Other assets, non-current	`OtherAssetsNoncurrent`	$368.00K	USD	Point-in-time
Other assets, non-current	`OtherAssetsNoncurrent`	$402.00K	USD	Point-in-time
Total assets	`Assets`	$190.59M	USD	Point-in-time
Total assets	`Assets`	$179.84M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.56M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.44M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedExpensesAndOtherCurrentLiabilities`	$8.50M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedExpensesAndOtherCurrentLiabilities`	$8.52M	USD	Point-in-time
Lease liabilities	`OperatingLeaseLiabilityCurrent`	$926.00K	USD	Point-in-time
Lease liabilities	`OperatingLeaseLiabilityCurrent`	$1.02M	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$17.51M	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$16.27M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$28.60M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$27.13M	USD	Point-in-time
Lease liabilities, non-current	`OperatingLeaseLiabilityNoncurrent`	$11.78M	USD	Point-in-time
Lease liabilities, non-current	`OperatingLeaseLiabilityNoncurrent`	$12.56M	USD	Point-in-time
Contract liabilities, non-current	`ContractWithCustomerLiabilityNoncurrent`	$26.54M	USD	Point-in-time
Contract liabilities, non-current	`ContractWithCustomerLiabilityNoncurrent`	$15.18M	USD	Point-in-time
Other non-current liabilities	`AccruedExpensesAndOtherNoncurrentLiabilities`	$277.00K	USD	Point-in-time
Other non-current liabilities	`AccruedExpensesAndOtherNoncurrentLiabilities`	$236.00K	USD	Point-in-time
Total liabilities	`Liabilities`	$55.83M	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 September 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 September 30, 2019 and December 31, 2018	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.001 par value; 200,000,000 shares authorized; 60,569,655 shares issued and 55,113,720 shares outstanding at September 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
Common stock, $0.001 par value; 200,000,000 shares authorized; 60,569,655 shares issued and 55,113,720 shares outstanding at September 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
Additional paid-in capital	`AdditionalPaidInCapital`	$168.15M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$158.40M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-26.00K	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 September 30, 2019 and December 31, 2018	`TreasuryStockValue`	$30.49M	USD	Point-in-time
Treasury stock, at cost, 5,455,935 shares repurchased at September 30, 2019 and December 31, 2018	`TreasuryStockValue`	$30.49M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-2.94M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-14.47M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$109.59M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$113.38M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$134.75M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$179.84M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$190.59M	USD	Point-in-time

Income Statement 72 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$67.44M	USD	3 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$22.24M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$24.85M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$56.81M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$5.71M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$16.79M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$5.27M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$16.03M	USD	3 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$5.64M	USD	3 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$2.37M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$6.71M	USD	3 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$1.87M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$11.79M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$6.62M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$16.35M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$4.27M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$158.00K	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$156.00K	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$469.00K	USD	3 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$474.00K	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$33.94M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$14.85M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$40.32M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$11.57M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$4.57M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$5.65M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$8.56M	USD	3 Qtrs
Income from operations	`OperatingIncomeLoss`	$11.28M	USD	3 Qtrs
Interest income	`InterestIncomeSecuritiesTaxable`	$500.00K	USD	1 Quarter
Interest income	`InterestIncomeSecuritiesTaxable`	$369.00K	USD	1 Quarter
Interest income	`InterestIncomeSecuritiesTaxable`	$1.55M	USD	3 Qtrs
Interest income	`InterestIncomeSecuritiesTaxable`	$1.04M	USD	3 Qtrs
Interest expense	`InterestExpense`	$1.00K	USD	3 Qtrs
Interest expense	`InterestExpense`	-	USD	3 Qtrs
Interest expense	`InterestExpense`	-	USD	1 Quarter
Interest expense	`InterestExpense`	-	USD	1 Quarter
Other non-operating expense, net	`OtherNonoperatingIncomeExpense`	$-5.00K	USD	1 Quarter
Other non-operating expense, net	`OtherNonoperatingIncomeExpense`	$-77.00K	USD	3 Qtrs
Other non-operating expense, net	`OtherNonoperatingIncomeExpense`	$-66.00K	USD	3 Qtrs
Other non-operating expense, net	`OtherNonoperatingIncomeExpense`	$-22.00K	USD	1 Quarter
Total other income, net	`NonoperatingIncomeExpense`	$495.00K	USD	1 Quarter
Total other income, net	`NonoperatingIncomeExpense`	$1.47M	USD	3 Qtrs
Total other income, net	`NonoperatingIncomeExpense`	$347.00K	USD	1 Quarter
Total other income, net	`NonoperatingIncomeExpense`	$976.00K	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$9.54M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$5.07M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$6.00M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$12.75M	USD	3 Qtrs
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$-10.14M	USD	3 Qtrs
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$1.34M	USD	1 Quarter
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$-83.00K	USD	1 Quarter
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$1.23M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$19.68M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$4.66M	USD	1 Quarter
Net income	`NetIncomeLoss`	$5.15M	USD	1 Quarter
Net income	`NetIncomeLoss`	$11.52M	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.09	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.09	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.21	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.37	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.36	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.08	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.21	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.09	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	53.66M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	54.59M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	54.98M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	53.72M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	55.97M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	55.30M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	56.38M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	55.38M	shares	3 Qtrs

Cash Flow Statement 78 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$19.68M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$4.66M	USD	1 Quarter
Net income	`NetIncomeLoss`	$5.15M	USD	1 Quarter
Net income	`NetIncomeLoss`	$11.52M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$4.23M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$4.42M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$3.44M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$2.90M	USD	3 Qtrs
(Accretion) amortization of premiums and discounts on investments	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$37.00K	USD	3 Qtrs
(Accretion) amortization of premiums and discounts on investments	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-380.00K	USD	3 Qtrs
Provision for warranty claims	`ProductWarrantyExpense`	$78.00K	USD	1 Quarter
Provision for warranty claims	`ProductWarrantyExpense`	$339.00K	USD	3 Qtrs
Provision for warranty claims	`ProductWarrantyExpense`	$97.00K	USD	1 Quarter
Provision for warranty claims	`ProductWarrantyExpense`	$213.00K	USD	3 Qtrs
Unrealized gain on foreign currency translation	`ForeignCurrencyTransactionGainLossBeforeTax`	$18.00K	USD	3 Qtrs
Unrealized gain on foreign currency translation	`ForeignCurrencyTransactionGainLossBeforeTax`	-	USD	3 Qtrs
Realized gain on sale of investments	`GainLossOnSaleOfInvestments`	$5.00K	USD	3 Qtrs
Realized gain on sale of investments	`GainLossOnSaleOfInvestments`	-	USD	3 Qtrs
Reversal of accruals related to expired warranties	`ReversalOfAccrualsRelatedToExpiredWarranties`	$131.00K	USD	3 Qtrs
Reversal of accruals related to expired warranties	`ReversalOfAccrualsRelatedToExpiredWarranties`	$171.00K	USD	3 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$-19.00K	USD	3 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$336.00K	USD	3 Qtrs
Adjustments for excess or obsolete inventory	`ValuationAdjustmentsForExcessOrObsoleteInventory`	$-132.00K	USD	3 Qtrs
Adjustments for excess or obsolete inventory	`ValuationAdjustmentsForExcessOrObsoleteInventory`	$7.00K	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-10.15M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$1.20M	USD	3 Qtrs
Loss on disposal of fixed assets	`GainLossOnSaleOfPropertyPlantEquipment`	$-58.00K	USD	3 Qtrs
Loss on disposal of fixed assets	`GainLossOnSaleOfPropertyPlantEquipment`	$-377.00K	USD	3 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$10.62M	USD	3 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$-4.46M	USD	3 Qtrs
Contract assets, costs and estimated earnings in excess of billings	`CostsInExcessOfBillingsOnUncompletedContractsOrPrograms1`	$2.93M	USD	3 Qtrs
Contract assets, costs and estimated earnings in excess of billings	`CostsInExcessOfBillingsOnUncompletedContractsOrPrograms1`	$2.99M	USD	3 Qtrs
Inventories, net	`IncreaseDecreaseInInventories`	$894.00K	USD	3 Qtrs
Inventories, net	`IncreaseDecreaseInInventories`	$1.89M	USD	3 Qtrs
Prepaid and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-383.00K	USD	3 Qtrs
Prepaid and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$445.00K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-2.20M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-94.00K	USD	3 Qtrs
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-1.26M	USD	3 Qtrs
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-1.27M	USD	3 Qtrs
Income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-638.00K	USD	3 Qtrs
Income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$30.00K	USD	3 Qtrs
Contract liabilities, cost in excess of billings	`IncreaseDecreaseInContractLiabilities`	$-10.13M	USD	3 Qtrs
Contract liabilities, cost in excess of billings	`IncreaseDecreaseInContractLiabilities`	$-9.80M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$503.00K	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$9.75M	USD	3 Qtrs
Sales of marketable securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	-	USD	3 Qtrs
Sales of marketable securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$3.54M	USD	3 Qtrs
Maturities of marketable securities	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$62.21M	USD	3 Qtrs
Maturities of marketable securities	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$70.04M	USD	3 Qtrs
Purchases of marketable securities	`PaymentsToAcquireMarketableSecurities`	$60.33M	USD	3 Qtrs
Purchases of marketable securities	`PaymentsToAcquireMarketableSecurities`	$66.25M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$2.03M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$5.50M	USD	3 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$1.82M	USD	3 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-150.00K	USD	3 Qtrs
Net proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$5.42M	USD	3 Qtrs
Net proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$3.87M	USD	3 Qtrs
Tax payment for employee shares withheld	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$115.00K	USD	3 Qtrs
Tax payment for employee shares withheld	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$89.00K	USD	3 Qtrs
Repayment of long-term debt	`RepaymentsOfLongTermDebt`	$8.00K	USD	3 Qtrs
Repayment of long-term debt	`RepaymentsOfLongTermDebt`	-	USD	3 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$10.00M	USD	3 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-6.25M	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$5.33M	USD	3 Qtrs
Effect of exchange rate differences on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$14.00K	USD	3 Qtrs
Effect of exchange rate differences on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	3 Qtrs
Net change in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$3.36M	USD	3 Qtrs
Net change in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$7.66M	USD	3 Qtrs
Cash, cash equivalents and restricted cash, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$29.80M	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, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$33.99M	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, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$29.80M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$30.63M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$33.99M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$22.14M	USD	Point-in-time

Stockholders Equity 18 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance	`StockholdersEquity`	$109.59M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$113.38M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$134.75M	USD	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	53.94M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	55.11M	shares	Point-in-time
Other comprehensive income (loss), net	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$93.00K	USD	1 Quarter
Other comprehensive income (loss), net	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$107.00K	USD	3 Qtrs
Other comprehensive income (loss), net	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-24.00K	USD	1 Quarter
Other comprehensive income (loss), net	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$24.00K	USD	3 Qtrs
Net income	`NetIncomeLoss`	$19.68M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$4.66M	USD	1 Quarter
Net income	`NetIncomeLoss`	$5.15M	USD	1 Quarter
Net income	`NetIncomeLoss`	$11.52M	USD	3 Qtrs
Ending balance (in shares)	`CommonStockSharesOutstanding`	53.94M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	55.11M	shares	Point-in-time
Ending Balance	`StockholdersEquity`	$109.59M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$113.38M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$134.75M	USD	Point-in-time

Comprehensive Income 20 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$19.68M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$4.66M	USD	1 Quarter
Net income	`NetIncomeLoss`	$5.15M	USD	1 Quarter
Net income	`NetIncomeLoss`	$11.52M	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-7.00K	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-19.00K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$5.00K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-20.00K	USD	3 Qtrs
Unrealized gain (loss) on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$31.00K	USD	3 Qtrs
Unrealized gain (loss) on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$127.00K	USD	3 Qtrs
Unrealized gain (loss) on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$88.00K	USD	1 Quarter
Unrealized gain (loss) on investments	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-5.00K	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$93.00K	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$107.00K	USD	3 Qtrs
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-24.00K	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$24.00K	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$11.63M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$4.75M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$5.12M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$19.70M	USD	3 Qtrs

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