10-Q Filing

ROCKY BRANDS, INC. CIK: 895456 Q1 2022

Filing Information

Form Type	10-Q
Accession Number	`0001437749-22-011520`
Period End Date	20220331
Filing Date	20220509
Fiscal Year	2022
Fiscal Period	Q1
XBRL Instance	rcky20220331b_10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 121 Income Statement 26 Cash Flow Statement 60 Stockholders Equity 20

Balance Sheet 121 line items

Line Item	Tag	Value	Unit	Period
Common stock, par value (in dollars per share)	`CommonStockNoParValue`	-	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockNoParValue`	-	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockNoParValue`	-	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	25.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$14.95M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$5.91M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	25.00M	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	25.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$8.89M	USD	Point-in-time
Trade receivables net	`AccountsReceivableNetCurrent`	$84.05M	USD	Point-in-time
Trade receivables net	`AccountsReceivableNetCurrent`	$123.39M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	7.28M	shares	Point-in-time
Trade receivables net	`AccountsReceivableNetCurrent`	$126.81M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	7.31M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	7.30M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	7.31M	shares	Point-in-time
Contract receivables	`ContractWithCustomerAssetNetCurrent`	$1.06M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	7.30M	shares	Point-in-time
Contract receivables	`ContractWithCustomerAssetNetCurrent`	$2.17M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	7.28M	shares	Point-in-time
Contract receivables	`ContractWithCustomerAssetNetCurrent`	$268.00K	USD	Point-in-time
Other receivables	`OtherReceivablesNetCurrent`	$242.00K	USD	Point-in-time
Other receivables	`OtherReceivablesNetCurrent`	$260.00K	USD	Point-in-time
Other receivables	`OtherReceivablesNetCurrent`	$231.00K	USD	Point-in-time
Inventories net	`InventoryNet`	$289.23M	USD	Point-in-time
Inventories net	`InventoryNet`	$125.13M	USD	Point-in-time
Inventories net	`InventoryNet`	$232.46M	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$4.29M	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	-	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$2.34M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$4.51M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$4.12M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$5.88M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$224.59M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$436.31M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$375.29M	USD	Point-in-time
LEASED ASSETS	`OperatingLeaseRightOfUseAsset`	$1.70M	USD	Point-in-time
LEASED ASSETS	`OperatingLeaseRightOfUseAsset`	$11.43M	USD	Point-in-time
LEASED ASSETS	`OperatingLeaseRightOfUseAsset`	$10.70M	USD	Point-in-time
PROPERTY, PLANT & EQUIPMENT net	`PropertyPlantAndEquipmentNet`	$59.99M	USD	Point-in-time
PROPERTY, PLANT & EQUIPMENT net	`PropertyPlantAndEquipmentNet`	$60.96M	USD	Point-in-time
PROPERTY, PLANT & EQUIPMENT net	`PropertyPlantAndEquipmentNet`	$51.15M	USD	Point-in-time
GOODWILL	`Goodwill`	-	USD	Point-in-time
GOODWILL	`Goodwill`	$50.64M	USD	Point-in-time
GOODWILL	`Goodwill`	$50.25M	USD	Point-in-time
IDENTIFIED INTANGIBLES net	`IntangibleAssetsNetExcludingGoodwill`	$126.31M	USD	Point-in-time
IDENTIFIED INTANGIBLES net	`IntangibleAssetsNetExcludingGoodwill`	$170.93M	USD	Point-in-time
IDENTIFIED INTANGIBLES net	`IntangibleAssetsNetExcludingGoodwill`	$125.53M	USD	Point-in-time
OTHER ASSETS	`OtherAssetsNoncurrent`	$917.00K	USD	Point-in-time
OTHER ASSETS	`OtherAssetsNoncurrent`	$938.00K	USD	Point-in-time
OTHER ASSETS	`OtherAssetsNoncurrent`	$715.00K	USD	Point-in-time
TOTAL ASSETS	`Assets`	$449.08M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$624.58M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$684.67M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$45.08M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$156.89M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$114.63M	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$1.06M	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$2.93M	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$268.00K	USD	Point-in-time
Current Portion of Long-Term Debt	`LongTermDebtCurrent`	$3.25M	USD	Point-in-time
Current Portion of Long-Term Debt	`LongTermDebtCurrent`	$3.25M	USD	Point-in-time
Current Portion of Long-Term Debt	`LongTermDebtCurrent`	$3.25M	USD	Point-in-time
Salaries and wages	`EmployeeRelatedLiabilitiesCurrent`	$3.00M	USD	Point-in-time
Salaries and wages	`EmployeeRelatedLiabilitiesCurrent`	$3.71M	USD	Point-in-time
Salaries and wages	`EmployeeRelatedLiabilitiesCurrent`	$3.67M	USD	Point-in-time
Taxes - other	`AccrualForTaxesOtherThanIncomeTaxesCurrent`	$2.05M	USD	Point-in-time
Taxes - other	`AccrualForTaxesOtherThanIncomeTaxesCurrent`	$618.00K	USD	Point-in-time
Taxes - other	`AccrualForTaxesOtherThanIncomeTaxesCurrent`	$849.00K	USD	Point-in-time
Accrued freight	`AccruedFreightCurrent`	$1.74M	USD	Point-in-time
Accrued freight	`AccruedFreightCurrent`	$1.80M	USD	Point-in-time
Accrued freight	`AccruedFreightCurrent`	$1.48M	USD	Point-in-time
Commissions	`AccruedSalesCommissionCurrent`	$1.19M	USD	Point-in-time
Commissions	`AccruedSalesCommissionCurrent`	$1.69M	USD	Point-in-time
Commissions	`AccruedSalesCommissionCurrent`	$2.45M	USD	Point-in-time
Accrued duty	`AccruedDutyCurrent`	$6.95M	USD	Point-in-time
Accrued duty	`AccruedDutyCurrent`	$5.47M	USD	Point-in-time
Accrued duty	`AccruedDutyCurrent`	$18.87M	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$2.13M	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	-	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	-	USD	Point-in-time
Income tax payable	`AccruedIncomeTaxesCurrent`	$2.36M	USD	Point-in-time
Income tax payable	`AccruedIncomeTaxesCurrent`	-	USD	Point-in-time
Income tax payable	`AccruedIncomeTaxesCurrent`	-	USD	Point-in-time
Other	`OtherAccruedLiabilitiesCurrent`	$8.01M	USD	Point-in-time
Other	`OtherAccruedLiabilitiesCurrent`	$4.83M	USD	Point-in-time
Other	`OtherAccruedLiabilitiesCurrent`	$5.34M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$196.49M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$140.14M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$72.19M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$183.02M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$264.49M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$266.79M	USD	Point-in-time
LONG-TERM TAXES PAYABLE	`LongtermTaxesPayable`	$169.00K	USD	Point-in-time
LONG-TERM TAXES PAYABLE	`LongtermTaxesPayable`	$169.00K	USD	Point-in-time
LONG-TERM TAXES PAYABLE	`LongtermTaxesPayable`	$169.00K	USD	Point-in-time
LONG-TERM LEASE	`OperatingLeaseLiabilityNoncurrent`	$8.20M	USD	Point-in-time
LONG-TERM LEASE	`OperatingLeaseLiabilityNoncurrent`	$1.18M	USD	Point-in-time
LONG-TERM LEASE	`OperatingLeaseLiabilityNoncurrent`	$8.81M	USD	Point-in-time
DEFERRED INCOME TAXES	`DeferredIncomeTaxLiabilitiesNet`	$10.29M	USD	Point-in-time
DEFERRED INCOME TAXES	`DeferredIncomeTaxLiabilitiesNet`	$10.29M	USD	Point-in-time
DEFERRED INCOME TAXES	`DeferredIncomeTaxLiabilitiesNet`	$8.27M	USD	Point-in-time
DEFERRED LIABILITIES	`OtherLiabilitiesNoncurrent`	$386.00K	USD	Point-in-time
DEFERRED LIABILITIES	`OtherLiabilitiesNoncurrent`	$519.00K	USD	Point-in-time
DEFERRED LIABILITIES	`OtherLiabilitiesNoncurrent`	$584.00K	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$265.22M	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$426.72M	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$480.22M	USD	Point-in-time
Common stock, no par value; 25,000,000 shares authorized; issued and outstanding September 30, 2021 - 7,295,435; December 31, 2020 - 7,247,631; September 30, 2020 - 7,276,379	`CommonStockValue`	$68.06M	USD	Point-in-time
Common stock, no par value; 25,000,000 shares authorized; issued and outstanding September 30, 2021 - 7,295,435; December 31, 2020 - 7,247,631; September 30, 2020 - 7,276,379	`CommonStockValue`	$66.86M	USD	Point-in-time
Common stock, no par value; 25,000,000 shares authorized; issued and outstanding September 30, 2021 - 7,295,435; December 31, 2020 - 7,247,631; September 30, 2020 - 7,276,379	`CommonStockValue`	$68.45M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$117.01M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$129.79M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$136.00M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$183.87M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$204.45M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$197.85M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$179.50M	USD	Point-in-time
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$449.08M	USD	Point-in-time
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$624.58M	USD	Point-in-time
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$684.67M	USD	Point-in-time

Income Statement 26 line items

Line Item	Tag	Value	Unit	Period
NET SALES	`RevenueFromContractWithCustomerIncludingAssessedTax`	$167.03M	USD	1 Quarter
NET SALES	`RevenueFromContractWithCustomerIncludingAssessedTax`	$87.67M	USD	1 Quarter
COST OF GOODS SOLD	`CostOfGoodsAndServicesSold`	$52.53M	USD	1 Quarter
COST OF GOODS SOLD	`CostOfGoodsAndServicesSold`	$104.20M	USD	1 Quarter
GROSS MARGIN	`GrossProfit`	$62.83M	USD	1 Quarter
GROSS MARGIN	`GrossProfit`	$35.14M	USD	1 Quarter
OPERATING EXPENSES	`OperatingExpenses`	$49.63M	USD	1 Quarter
OPERATING EXPENSES	`OperatingExpenses`	$28.56M	USD	1 Quarter
INCOME FROM OPERATIONS	`OperatingIncomeLoss`	$13.20M	USD	1 Quarter
INCOME FROM OPERATIONS	`OperatingIncomeLoss`	$6.58M	USD	1 Quarter
INTEREST EXPENSE AND OTHER EXPENSES	`NonoperatingIncomeExpense`	$-747.00K	USD	1 Quarter
INTEREST EXPENSE AND OTHER EXPENSES	`NonoperatingIncomeExpense`	$-3.91M	USD	1 Quarter
INCOME BEFORE INCOME TAX EXPENSE	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$9.29M	USD	1 Quarter
INCOME BEFORE INCOME TAX EXPENSE	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$5.83M	USD	1 Quarter
INCOME TAX EXPENSE	`IncomeTaxExpenseBenefit`	$1.95M	USD	1 Quarter
INCOME TAX EXPENSE	`IncomeTaxExpenseBenefit`	$1.34M	USD	1 Quarter
NET INCOME	`NetIncomeLoss`	$4.49M	USD	1 Quarter
NET INCOME	`NetIncomeLoss`	$7.34M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.00	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.62	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.61	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.99	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	7.31M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	7.26M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	7.35M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	7.41M	shares	1 Quarter

Cash Flow Statement 60 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$4.49M	USD	1 Quarter
Net income	`NetIncomeLoss`	$7.34M	USD	1 Quarter
Depreciation and amortization	`DepreciationAmortizationAndAccretionNet`	$1.09M	USD	1 Quarter
Depreciation and amortization	`DepreciationAmortizationAndAccretionNet`	$3.02M	USD	1 Quarter
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$213.00K	USD	1 Quarter
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	-	USD	1 Quarter
Stock compensation expense	`ShareBasedCompensation`	$248.00K	USD	1 Quarter
Stock compensation expense	`ShareBasedCompensation`	$278.00K	USD	1 Quarter
Receivables	`IncreaseDecreaseInReceivables`	$-1.20M	USD	1 Quarter
Receivables	`IncreaseDecreaseInReceivables`	$-3.40M	USD	1 Quarter
Contract receivables	`IncreaseDecreaseInContractWithCustomerAsset`	$-794.00K	USD	1 Quarter
Contract receivables	`IncreaseDecreaseInContractWithCustomerAsset`	$-3.00M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$5.91M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$56.37M	USD	1 Quarter
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$635.00K	USD	1 Quarter
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$-331.00K	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$267.00K	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$21.00K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$40.30M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$5.92M	USD	1 Quarter
Accrued and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$14.34M	USD	1 Quarter
Accrued and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-3.57M	USD	1 Quarter
Income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-1.02M	USD	1 Quarter
Income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$1.96M	USD	1 Quarter
Contract liabilities	`IncreaseDecreaseInContractWithCustomerLiability`	$-2.65M	USD	1 Quarter
Contract liabilities	`IncreaseDecreaseInContractWithCustomerLiability`	$-794.00K	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$2.90M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$13.79M	USD	1 Quarter
Purchase of fixed assets	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.24M	USD	1 Quarter
Purchase of fixed assets	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.21M	USD	1 Quarter
Acquisition of business, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	1 Quarter
Acquisition of business, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$206.97M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-208.18M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.24M	USD	1 Quarter
Proceeds from revolving credit facility	`ProceedsFromLinesOfCredit`	$3.34M	USD	1 Quarter
Proceeds from revolving credit facility	`ProceedsFromLinesOfCredit`	$80.00M	USD	1 Quarter
Repayments on revolving credit facility	`RepaymentsOfLinesOfCredit`	$19.50M	USD	1 Quarter
Repayments on revolving credit facility	`RepaymentsOfLinesOfCredit`	$5.03M	USD	1 Quarter
Proceeds from term loan	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	1 Quarter
Proceeds from term loan	`ProceedsFromIssuanceOfLongTermDebt`	$130.00M	USD	1 Quarter
Repayments on term loan	`RepaymentsOfLongTermDebt`	-	USD	1 Quarter
Repayments on term loan	`RepaymentsOfLongTermDebt`	$838.00K	USD	1 Quarter
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	1 Quarter
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$4.27M	USD	1 Quarter
Proceeds from stock options	`ProceedsFromStockOptionsExercised`	$145.00K	USD	1 Quarter
Proceeds from stock options	`ProceedsFromStockOptionsExercised`	$607.00K	USD	1 Quarter
Dividends paid on common stock	`PaymentsOfDividends`	$1.01M	USD	1 Quarter
Dividends paid on common stock	`PaymentsOfDividends`	$1.13M	USD	1 Quarter
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$185.82M	USD	1 Quarter
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-3.51M	USD	1 Quarter
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-19.46M	USD	1 Quarter
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$9.04M	USD	1 Quarter
BEGINNING OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$14.95M	USD	Point-in-time
BEGINNING OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$8.89M	USD	Point-in-time
BEGINNING OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$5.91M	USD	Point-in-time
BEGINNING OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$28.35M	USD	Point-in-time
END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$14.95M	USD	Point-in-time
END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$8.89M	USD	Point-in-time
END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$5.91M	USD	Point-in-time
END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$28.35M	USD	Point-in-time

Stockholders Equity 20 line items

Line Item	Tag	Value	Unit	Period
Dividends paid on common stock, per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.14	USD	1 Quarter
Dividends paid on common stock, per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.15	USD	1 Quarter
BALANCE	`StockholdersEquity`	$183.87M	USD	Point-in-time
BALANCE	`StockholdersEquity`	$204.45M	USD	Point-in-time
BALANCE	`StockholdersEquity`	$197.85M	USD	Point-in-time
BALANCE	`StockholdersEquity`	$179.50M	USD	Point-in-time
Net income	`NetIncomeLoss`	$4.49M	USD	1 Quarter
Net income	`NetIncomeLoss`	$7.34M	USD	1 Quarter
Dividends paid on common stock	`DividendsCommonStockCash`	$1.01M	USD	1 Quarter
Dividends paid on common stock	`DividendsCommonStockCash`	$1.13M	USD	1 Quarter
Repurchase of common stock	`StockRepurchasedDuringPeriodValue`	-	USD	1 Quarter
Repurchase of common stock	`StockRepurchasedDuringPeriodValue`	-	USD	1 Quarter
Stock issued for options exercised, including tax benefits	`StockIssuedDuringPeriodValueStockOptionsExercisedNetOfTaxBenefitExpense`	$145.00K	USD	1 Quarter
Stock issued for options exercised, including tax benefits	`StockIssuedDuringPeriodValueStockOptionsExercisedNetOfTaxBenefitExpense`	$607.00K	USD	1 Quarter
Stock compensation expense	`StockIssuedDuringPeriodValueShareBasedCompensation`	$248.00K	USD	1 Quarter
Stock compensation expense	`StockIssuedDuringPeriodValueShareBasedCompensation`	$278.00K	USD	1 Quarter
BALANCE	`StockholdersEquity`	$183.87M	USD	Point-in-time
BALANCE	`StockholdersEquity`	$204.45M	USD	Point-in-time
BALANCE	`StockholdersEquity`	$197.85M	USD	Point-in-time
BALANCE	`StockholdersEquity`	$179.50M	USD	Point-in-time

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