10-Q Filing

THERMON GROUP HOLDINGS, INC. CIK: 1489096 Q1 2024

Filing Information

Form Type	10-Q
Accession Number	`0001489096-23-000117`
Period End Date	20230630
Filing Date	20230803
Fiscal Year	2024
Fiscal Period	Q1
XBRL Instance	thr-20230630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 90 Income Statement 42 Cash Flow Statement 64 Stockholders Equity 22

Balance Sheet 90 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$33.17M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$35.63M	USD	Point-in-time
Accounts receivable, net of allowances of $2,695 and $2,682 as of June 30, 2023, and March 31, 2023, respectively	`AccountsReceivableNetCurrent`	$91.63M	USD	Point-in-time
Accounts receivable, net of allowances of $2,695 and $2,682 as of June 30, 2023, and March 31, 2023, respectively	`AccountsReceivableNetCurrent`	$97.63M	USD	Point-in-time
Inventories, net	`InventoryNet`	$92.89M	USD	Point-in-time
Inventories, net	`InventoryNet`	$82.13M	USD	Point-in-time
Contract assets	`ContractWithCustomerAssetNet`	$22.17M	USD	Point-in-time
Contract assets	`ContractWithCustomerAssetNet`	$16.27M	USD	Point-in-time
Depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	-	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$240.00K	USD	Point-in-time
Depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$63.95M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$3.14M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$15.47M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$16.14M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	150.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$250.94M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	150.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$255.58M	USD	Point-in-time
Property, plant and equipment, net of depreciation and amortization of $69,377 and $67,450 as of June 30, 2023, and March 31, 2023, respectively	`PropertyPlantAndEquipmentNet`	$64.80M	USD	Point-in-time
Property, plant and equipment, net of depreciation and amortization of $69,377 and $67,450 as of June 30, 2023, and March 31, 2023, respectively	`PropertyPlantAndEquipmentNet`	$63.29M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	33.51M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	33.68M	shares	Point-in-time
Goodwill	`Goodwill`	$219.61M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	33.68M	shares	Point-in-time
Goodwill	`Goodwill`	$221.91M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	33.51M	shares	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
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$93.97M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$92.64M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$13.57M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$12.84M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$679.00K	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$688.00K	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$7.56M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$8.68M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Total assets	`Assets`	$657.12M	USD	Point-in-time
Total assets	`Assets`	$649.63M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$27.33M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$28.32M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$31.74M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$39.36M	USD	Point-in-time
Current portion of long-term debt	`SecuredDebtCurrent`	$10.22M	USD	Point-in-time
Current portion of long-term debt	`SecuredDebtCurrent`	$10.31M	USD	Point-in-time
Borrowings under revolving credit facility	`LinesOfCreditCurrent`	$14.50M	USD	Point-in-time
Borrowings under revolving credit facility	`LinesOfCreditCurrent`	$22.50M	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$8.51M	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$8.48M	USD	Point-in-time
Lease liabilities	`OperatingAndFinanceLeaseLiabilityCurrent`	$3.39M	USD	Point-in-time
Lease liabilities	`OperatingAndFinanceLeaseLiabilityCurrent`	$3.36M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$6.81M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$5.28M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$110.05M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$110.07M	USD	Point-in-time
Long-term debt, net	`LongTermDebtNet`	$80.36M	USD	Point-in-time
Long-term debt, net	`LongTermDebtNet`	$87.71M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$11.49M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$12.08M	USD	Point-in-time
Non-current lease liabilities	`OperatingAndFinanceLeaseLiabilityNoncurrent`	$12.01M	USD	Point-in-time
Non-current lease liabilities	`OperatingAndFinanceLeaseLiabilityNoncurrent`	$12.48M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$8.30M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$9.26M	USD	Point-in-time
Total liabilities	`Liabilities`	$230.64M	USD	Point-in-time
Total liabilities	`Liabilities`	$223.18M	USD	Point-in-time
Commitments and contingencies (Note 10)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 10)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock: $0.001 par value; 150,000,000 authorized; 33,680,965 and 33,508,076 shares issued and outstanding at June 30, 2023 and March 31, 2023, respectively	`CommonStockValue`	$33.00K	USD	Point-in-time
Common stock: $0.001 par value; 150,000,000 authorized; 33,680,965 and 33,508,076 shares issued and outstanding at June 30, 2023 and March 31, 2023, respectively	`CommonStockValue`	$33.00K	USD	Point-in-time
Preferred stock: $0.001 par value; 10,000,000 authorized; no shares issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock: $0.001 par value; 10,000,000 authorized; no shares issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapitalCommonStock`	$239.41M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapitalCommonStock`	$239.86M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax`	$-58.10M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax`	$-53.63M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$237.19M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$248.13M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$401.25M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$399.20M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$433.95M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$418.99M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$657.12M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$649.63M	USD	Point-in-time

Income Statement 42 line items

Line Item	Tag	Value	Unit	Period
Sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$95.44M	USD	1 Quarter
Sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$106.89M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$59.58M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$58.22M	USD	1 Quarter
Gross profit	`GrossProfit`	$37.23M	USD	1 Quarter
Gross profit	`GrossProfit`	$47.31M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$28.65M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$24.40M	USD	1 Quarter
Deferred compensation plan expense/(income)	`DeferredCompensationArrangementWithIndividualCompensationExpense`	$273.00K	USD	1 Quarter
Deferred compensation plan expense/(income)	`DeferredCompensationArrangementWithIndividualCompensationExpense`	$-660.00K	USD	1 Quarter
Amortization of intangible assets	`SellingGeneralandAdministrativeExpenseAmortization`	$2.39M	USD	1 Quarter
Amortization of intangible assets	`SellingGeneralandAdministrativeExpenseAmortization`	$2.27M	USD	1 Quarter
Restructuring and other charges/(income)	`RestructuringCharges`	-	USD	1 Quarter
Restructuring and other charges/(income)	`RestructuringCharges`	$581.00K	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$15.41M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$11.21M	USD	1 Quarter
Interest expense, net	`InterestExpense`	$835.00K	USD	1 Quarter
Interest expense, net	`InterestExpense`	$1.58M	USD	1 Quarter
Other income/(expense)	`OtherNonoperatingIncomeExpense`	$341.00K	USD	1 Quarter
Other income/(expense)	`OtherNonoperatingIncomeExpense`	$-916.00K	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$9.46M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$14.17M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$2.91M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$3.23M	USD	1 Quarter
Net income	`ProfitLoss`	$10.94M	USD	1 Quarter
Net income	`ProfitLoss`	$6.56M	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$10.94M	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$6.56M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-5.15M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$4.46M	USD	1 Quarter
Other miscellaneous income	`OtherComprehensiveIncomeLossOtherMiscellaneousIncomeLossNetOfTaxPortionAttributableToParent`	$13.00K	USD	1 Quarter
Other miscellaneous income	`OtherComprehensiveIncomeLossOtherMiscellaneousIncomeLossNetOfTaxPortionAttributableToParent`	$2.00K	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$15.41M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$1.41M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.33	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.20	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.32	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.20	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	33.40M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	33.57M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	33.86M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	33.57M	shares	1 Quarter

Cash Flow Statement 64 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$10.94M	USD	1 Quarter
Net income	`ProfitLoss`	$6.56M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$4.89M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$4.44M	USD	1 Quarter
Amortization of deferred debt issuance costs	`AmortizationOfFinancingCosts`	$86.00K	USD	1 Quarter
Amortization of deferred debt issuance costs	`AmortizationOfFinancingCosts`	$77.00K	USD	1 Quarter
Impairment of property, plant, and equipment	`AssetImpairmentCharges`	-	USD	1 Quarter
Impairment of property, plant, and equipment	`AssetImpairmentCharges`	$-22.00K	USD	1 Quarter
Stock compensation expense	`ShareBasedCompensation`	$1.19M	USD	1 Quarter
Stock compensation expense	`ShareBasedCompensation`	$1.24M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-682.00K	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-753.00K	USD	1 Quarter
Reserve for uncertain tax positions, net	`IncreaseDecreaseInUncertaintyInIncomeTaxes`	$-19.00K	USD	1 Quarter
Reserve for uncertain tax positions, net	`IncreaseDecreaseInUncertaintyInIncomeTaxes`	-	USD	1 Quarter
Remeasurement (gain)/loss on intercompany balances	`OtherOperatingActivitiesCashFlowStatement`	$-389.00K	USD	1 Quarter
Remeasurement (gain)/loss on intercompany balances	`OtherOperatingActivitiesCashFlowStatement`	$-414.00K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-1.32M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-7.04M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$10.65M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$9.83M	USD	1 Quarter
Contract assets and liabilities	`IncreaseDecreaseInContractWithCustomerAsset`	$-8.83M	USD	1 Quarter
Contract assets and liabilities	`IncreaseDecreaseInContractWithCustomerAsset`	$5.60M	USD	1 Quarter
Other current and non-current assets	`IncreaseDecreaseInOtherOperatingAssets`	$1.26M	USD	1 Quarter
Other current and non-current assets	`IncreaseDecreaseInOtherOperatingAssets`	$531.00K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$1.00M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$3.48M	USD	1 Quarter
Accrued liabilities and non-current liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-5.98M	USD	1 Quarter
Accrued liabilities and non-current liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-6.55M	USD	1 Quarter
Income taxes payable and receivable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$2.92M	USD	1 Quarter
Income taxes payable and receivable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$1.34M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$868.00K	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$11.86M	USD	1 Quarter
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.62M	USD	1 Quarter
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$2.80M	USD	1 Quarter
Sale of rental equipment	`ProceedsfromSaleofPropertyPlantandEquipmentRentalEquipment`	$12.00K	USD	1 Quarter
Sale of rental equipment	`ProceedsfromSaleofPropertyPlantandEquipmentRentalEquipment`	$63.00K	USD	1 Quarter
Cash paid for acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	1 Quarter
Cash paid for acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$35.34M	USD	1 Quarter
Net cash provided by/(used in) in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-2.79M	USD	1 Quarter
Net cash provided by/(used in) in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-36.89M	USD	1 Quarter
Proceeds from revolving credit facility	`ProceedsFromRepaymentsOfLinesOfCredit`	$8.00M	USD	1 Quarter
Proceeds from revolving credit facility	`ProceedsFromRepaymentsOfLinesOfCredit`	$32.00M	USD	1 Quarter
Payments on long-term debt and revolving credit facility	`RepaymentsOfLongTermDebt`	$8.65M	USD	1 Quarter
Payments on long-term debt and revolving credit facility	`RepaymentsOfLongTermDebt`	$7.76M	USD	1 Quarter
Repurchase of employee stock units on vesting	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.69M	USD	1 Quarter
Repurchase of employee stock units on vesting	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$552.00K	USD	1 Quarter
Payments on finance leases	`CapitalLeaseObligationsIncurred`	$31.00K	USD	1 Quarter
Payments on finance leases	`CapitalLeaseObligationsIncurred`	$403.00K	USD	1 Quarter
Net cash provided by/(used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$22.76M	USD	1 Quarter
Net cash provided by/(used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.85M	USD	1 Quarter
Less: Net change in cash balances classified as assets held-for-sale	`IncreaseDecreaseInCashBalancesClassifiedAsHeldForSale`	$1.01M	USD	1 Quarter
Less: Net change in cash balances classified as assets held-for-sale	`IncreaseDecreaseInCashBalancesClassifiedAsHeldForSale`	-	USD	1 Quarter
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$271.00K	USD	1 Quarter
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.03M	USD	1 Quarter
Change in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-1.24M	USD	1 Quarter
Change in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-2.49M	USD	1 Quarter
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$42.69M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$43.93M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$36.03M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$38.52M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$42.69M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$43.93M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$36.03M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$38.52M	USD	Point-in-time

Stockholders Equity 22 line items

Line Item	Tag	Value	Unit	Period
Beginning balance (in shares)	`CommonStockSharesOutstanding`	33.68M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	33.51M	shares	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$401.25M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$399.20M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$433.95M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$418.99M	USD	Point-in-time
Stock compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.24M	USD	1 Quarter
Stock compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.19M	USD	1 Quarter
Repurchase of employee stock units on vesting	`RepurchaseOfEmployeeStockUnitsOnVesting`	$-552.00K	USD	1 Quarter
Repurchase of employee stock units on vesting	`RepurchaseOfEmployeeStockUnitsOnVesting`	$-1.69M	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$10.94M	USD	1 Quarter
Net income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$6.56M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxIncludingAdjustmentsPortionAttributableToParent`	$4.46M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxIncludingAdjustmentsPortionAttributableToParent`	$-5.15M	USD	1 Quarter
Other	`StockholdersEquityOther`	$-3.00K	USD	1 Quarter
Other	`StockholdersEquityOther`	$-13.00K	USD	1 Quarter
Ending balance (in shares)	`CommonStockSharesOutstanding`	33.68M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	33.51M	shares	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$401.25M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$399.20M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$433.95M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$418.99M	USD	Point-in-time

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