10-Q Filing

ENERGY RECOVERY, INC. CIK: 1421517 Q3 2021

Filing Information

Form Type	10-Q
Accession Number	`0001421517-21-000142`
Period End Date	20210930
Filing Date	20211105
Fiscal Year	2021
Fiscal Period	Q3
XBRL Instance	erii-20210930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 59 Income Statement 72 Cash Flow Statement 66 Stockholders Equity 18 Comprehensive Income 20

Balance Sheet 59 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsCurrent`	$65.75M	USD	Point-in-time
Cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsCurrent`	$94.25M	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$41.90M	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$20.45M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$11.79M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$13.07M	USD	Point-in-time
Inventories, net	`InventoryNet`	$11.75M	USD	Point-in-time
Inventories, net	`InventoryNet`	$20.56M	USD	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssetsCurrent`	$5.54M	USD	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssetsCurrent`	$4.95M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$143.19M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$146.81M	USD	Point-in-time
Long-term investments	`LongTermInvestments`	-	USD	Point-in-time
Long-term investments	`LongTermInvestments`	$765.00K	USD	Point-in-time
Deferred tax assets, net	`DeferredIncomeTaxAssetsNet`	$12.09M	USD	Point-in-time
Deferred tax assets, net	`DeferredIncomeTaxAssetsNet`	$11.03M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$20.91M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$20.18M	USD	Point-in-time
Operating lease, right of use asset	`OperatingLeaseRightOfUseAsset`	$16.09M	USD	Point-in-time
Operating lease, right of use asset	`OperatingLeaseRightOfUseAsset`	$15.02M	USD	Point-in-time
Goodwill and other intangible assets	`IntangibleAssetsNetIncludingGoodwill`	$12.84M	USD	Point-in-time
Goodwill and other intangible assets	`IntangibleAssetsNetIncludingGoodwill`	$12.83M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$365.00K	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$988.00K	USD	Point-in-time
Total assets	`Assets`	$204.31M	USD	Point-in-time
Total assets	`Assets`	$208.79M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$3.66M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.12M	USD	Point-in-time
Accrued expenses and other liabilities	`AccruedExpensesAndOtherCurrentLiabilities`	$11.82M	USD	Point-in-time
Accrued expenses and other liabilities	`AccruedExpensesAndOtherCurrentLiabilities`	$9.58M	USD	Point-in-time
Lease liabilities	`OperatingLeaseLiabilityCurrent`	$1.52M	USD	Point-in-time
Lease liabilities	`OperatingLeaseLiabilityCurrent`	$1.24M	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$1.55M	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$1.45M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$16.21M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$15.73M	USD	Point-in-time
Lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$16.44M	USD	Point-in-time
Lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$15.28M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$518.00K	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$550.00K	USD	Point-in-time
Total liabilities	`Liabilities`	$32.05M	USD	Point-in-time
Total liabilities	`Liabilities`	$32.69M	USD	Point-in-time
Commitments and contingencies (Note 7)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 7)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock	`CommonStockValue`	$62.00K	USD	Point-in-time
Common stock	`CommonStockValue`	$63.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$179.16M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$192.56M	USD	Point-in-time
Accumulated other comprehensive (loss) income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$53.00K	USD	Point-in-time
Accumulated other comprehensive (loss) income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-86.00K	USD	Point-in-time
Treasury stock	`TreasuryStockValue`	$30.49M	USD	Point-in-time
Treasury stock	`TreasuryStockValue`	$47.64M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$31.84M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$22.83M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$176.74M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$171.62M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$163.99M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$204.31M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$208.79M	USD	Point-in-time

Income Statement 72 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$92.56M	USD	3 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$70.33M	USD	3 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$20.78M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$27.41M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$18.63M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$6.27M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$18.75M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$5.85M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$5.78M	USD	3 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$8.24M	USD	3 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$2.14M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$3.00M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$4.42M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$5.10M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$18.16M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$13.34M	USD	3 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$4.00K	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$12.00K	USD	3 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$9.00K	USD	3 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$2.00K	USD	1 Quarter
Impairment of long-lived assets	`ImpairmentOfLongLivedAssetsHeldForUse`	-	USD	1 Quarter
Impairment of long-lived assets	`ImpairmentOfLongLivedAssetsHeldForUse`	-	USD	3 Qtrs
Impairment of long-lived assets	`ImpairmentOfLongLivedAssetsHeldForUse`	$2.33M	USD	3 Qtrs
Impairment of long-lived assets	`ImpairmentOfLongLivedAssetsHeldForUse`	-	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$45.03M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$40.22M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$13.51M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$13.27M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$27.48M	USD	3 Qtrs
Income from operations	`OperatingIncomeLoss`	$1.43M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$7.86M	USD	3 Qtrs
Income from operations	`OperatingIncomeLoss`	$6.08M	USD	1 Quarter
Interest income	`InterestIncomeSecuritiesTaxable`	$179.00K	USD	3 Qtrs
Interest income	`InterestIncomeSecuritiesTaxable`	$134.00K	USD	1 Quarter
Interest income	`InterestIncomeSecuritiesTaxable`	$36.00K	USD	1 Quarter
Interest income	`InterestIncomeSecuritiesTaxable`	$809.00K	USD	3 Qtrs
Other non-operating (expense) income, net	`OtherNonoperatingIncomeExpense`	$1.00K	USD	1 Quarter
Other non-operating (expense) income, net	`OtherNonoperatingIncomeExpense`	$-29.00K	USD	1 Quarter
Other non-operating (expense) income, net	`OtherNonoperatingIncomeExpense`	$-21.00K	USD	3 Qtrs
Other non-operating (expense) income, net	`OtherNonoperatingIncomeExpense`	$-59.00K	USD	3 Qtrs
Total other income, net	`NonoperatingIncomeExpense`	$750.00K	USD	3 Qtrs
Total other income, net	`NonoperatingIncomeExpense`	$105.00K	USD	1 Quarter
Total other income, net	`NonoperatingIncomeExpense`	$37.00K	USD	1 Quarter
Total other income, net	`NonoperatingIncomeExpense`	$158.00K	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.46M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$6.18M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$28.23M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$8.02M	USD	3 Qtrs
(Benefit from) provision for income taxes	`IncomeTaxExpenseBenefit`	$5.30M	USD	3 Qtrs
(Benefit from) provision for income taxes	`IncomeTaxExpenseBenefit`	$393.00K	USD	1 Quarter
(Benefit from) provision for income taxes	`IncomeTaxExpenseBenefit`	$796.00K	USD	1 Quarter
(Benefit from) provision for income taxes	`IncomeTaxExpenseBenefit`	$-990.00K	USD	3 Qtrs
Net income	`NetIncomeLoss`	$22.93M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$9.01M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$1.07M	USD	1 Quarter
Net income	`NetIncomeLoss`	$5.39M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.16	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.10	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.02	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.41	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.10	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.15	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.02	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.41	USD	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	55.69M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	57.05M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	57.03M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	55.57M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	56.47M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	58.78M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	56.44M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	58.71M	shares	1 Quarter

Cash Flow Statement 66 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$22.93M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$9.01M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$1.07M	USD	1 Quarter
Net income	`NetIncomeLoss`	$5.39M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$4.57M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$3.67M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$3.96M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$4.14M	USD	3 Qtrs
Amortization of premiums and discounts on investments	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-340.00K	USD	3 Qtrs
Amortization of premiums and discounts on investments	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-311.00K	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$5.44M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-1.06M	USD	3 Qtrs
Impairment of long-lived assets	`ImpairmentOfLongLivedAssetsHeldForUse`	-	USD	1 Quarter
Impairment of long-lived assets	`ImpairmentOfLongLivedAssetsHeldForUse`	-	USD	3 Qtrs
Impairment of long-lived assets	`ImpairmentOfLongLivedAssetsHeldForUse`	$2.33M	USD	3 Qtrs
Impairment of long-lived assets	`ImpairmentOfLongLivedAssetsHeldForUse`	-	USD	1 Quarter
Other non-cash adjustments	`OtherNoncashIncomeExpense`	$-161.00K	USD	3 Qtrs
Other non-cash adjustments	`OtherNoncashIncomeExpense`	$-316.00K	USD	3 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$1.27M	USD	3 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$-1.86M	USD	3 Qtrs
Contract assets	`IncreaseDecreaseInCostsInExcessOfBillingsOnUncompletedContractsOrPrograms1`	$1.89M	USD	3 Qtrs
Contract assets	`IncreaseDecreaseInCostsInExcessOfBillingsOnUncompletedContractsOrPrograms1`	$-747.00K	USD	3 Qtrs
Inventories, net	`IncreaseDecreaseInInventories`	$8.87M	USD	3 Qtrs
Inventories, net	`IncreaseDecreaseInInventories`	$506.00K	USD	3 Qtrs
Prepaid and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-295.00K	USD	3 Qtrs
Prepaid and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.10M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$2.74M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$656.00K	USD	3 Qtrs
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-3.13M	USD	3 Qtrs
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-2.58M	USD	3 Qtrs
Contract liabilities	`IncreaseDecreaseInContractLiabilities`	$-27.60M	USD	3 Qtrs
Contract liabilities	`IncreaseDecreaseInContractLiabilities`	$-119.00K	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$7.29M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$10.35M	USD	3 Qtrs
Sales of marketable securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$10.57M	USD	3 Qtrs
Sales of marketable securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	-	USD	3 Qtrs
Maturities of marketable securities	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$50.47M	USD	3 Qtrs
Maturities of marketable securities	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$20.69M	USD	3 Qtrs
Purchases of marketable securities	`PaymentsToAcquireMarketableSecurities`	$43.34M	USD	3 Qtrs
Purchases of marketable securities	`PaymentsToAcquireMarketableSecurities`	$12.86M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$6.02M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$4.90M	USD	3 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	-	USD	3 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$-5.00K	USD	3 Qtrs
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$42.17M	USD	3 Qtrs
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-27.55M	USD	3 Qtrs
Net proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$1.26M	USD	3 Qtrs
Net proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$8.94M	USD	3 Qtrs
Tax payment for employee shares withheld	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$23.00K	USD	3 Qtrs
Tax payment for employee shares withheld	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	-	USD	3 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$17.16M	USD	3 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	3 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-8.22M	USD	3 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$1.24M	USD	3 Qtrs
Effect of exchange rate differences on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-40.00K	USD	3 Qtrs
Effect of exchange rate differences on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$11.00K	USD	3 Qtrs
Net change in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$53.76M	USD	3 Qtrs
Net change in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-28.51M	USD	3 Qtrs
Cash, cash equivalents and restricted cash, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$65.85M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$94.36M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$80.25M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$26.49M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$65.85M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$94.36M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$80.25M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$26.49M	USD	Point-in-time

Stockholders Equity 18 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquity`	$176.74M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$171.62M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$163.99M	USD	Point-in-time
Total other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-19.00K	USD	1 Quarter
Total other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-139.00K	USD	3 Qtrs
Total other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$137.00K	USD	3 Qtrs
Total other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-33.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$22.93M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$9.01M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$1.07M	USD	1 Quarter
Net income	`NetIncomeLoss`	$5.39M	USD	1 Quarter
Ending balance	`StockholdersEquity`	$176.74M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$171.62M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$163.99M	USD	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	56.89M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	55.71M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	56.89M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	55.71M	shares	Point-in-time

Comprehensive Income 20 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$22.93M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$9.01M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$1.07M	USD	1 Quarter
Net income	`NetIncomeLoss`	$5.39M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-40.00K	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-20.00K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$26.00K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$11.00K	USD	3 Qtrs
Unrealized (loss) gain on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-13.00K	USD	1 Quarter
Unrealized (loss) gain on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$126.00K	USD	3 Qtrs
Unrealized (loss) gain on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-99.00K	USD	3 Qtrs
Unrealized (loss) gain on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-45.00K	USD	1 Quarter
Total other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-19.00K	USD	1 Quarter
Total other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-139.00K	USD	3 Qtrs
Total other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$137.00K	USD	3 Qtrs
Total other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-33.00K	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$5.37M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$1.04M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$8.87M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$23.07M	USD	3 Qtrs

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