10-Q Filing

MEDPACE HOLDINGS, INC. CIK: 1668397 Q1 2019

Filing Information

Form Type	10-Q
Accession Number	`0001564590-19-014269`
Period End Date	20190331
Filing Date	20190430
Fiscal Year	2019
Fiscal Period	Q1
XBRL Instance	medp-10q_20190331_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 90 Income Statement 38 Cash Flow Statement 62 Stockholders Equity 18 Comprehensive Income 6

Balance Sheet 90 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, unbilled services with related parties	`AccountsReceivableAndUnbilledRelatedPartiesCurrent`	$3.80M	USD	Point-in-time
Accounts receivable, unbilled services with related parties	`AccountsReceivableAndUnbilledRelatedPartiesCurrent`	$1.70M	USD	Point-in-time
Accounts payable includes related parties	`AccountsPayableRelatedPartiesCurrent`	$100.00K	USD	Point-in-time
Accounts payable includes related parties	`AccountsPayableRelatedPartiesCurrent`	$300.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$23.27M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$30.13M	USD	Point-in-time
Advanced billings with related parties	`ContractWithCustomerLiabilityCurrentWithRelatedParties`	$500.00K	USD	Point-in-time
Advanced billings with related parties	`ContractWithCustomerLiabilityCurrentWithRelatedParties`	$400.00K	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$7.00K	USD	Point-in-time
Preferred stock shares authorized	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Accounts receivable and unbilled, net (includes $1.7 million and $3.8 million with related parties at March 31, 2019 and December 31, 2018, respectively)	`ReceivablesNetCurrent`	$129.62M	USD	Point-in-time
Accounts receivable and unbilled, net (includes $1.7 million and $3.8 million with related parties at March 31, 2019 and December 31, 2018, respectively)	`ReceivablesNetCurrent`	$133.45M	USD	Point-in-time
Preferred stock shares authorized	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$22.62M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$21.38M	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
Preferred stock shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Total current assets	`AssetsCurrent`	$178.11M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$182.38M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$52.26M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$37.64M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$53.63M	USD	Point-in-time
Common stock shares authorized	`CommonStockSharesAuthorized`	250.00M	shares	Point-in-time
Common stock shares authorized	`CommonStockSharesAuthorized`	250.00M	shares	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	-	USD	Point-in-time
Goodwill	`Goodwill`	$662.38M	USD	Point-in-time
Goodwill	`Goodwill`	$660.98M	USD	Point-in-time
Common stock shares issued	`CommonStockSharesIssued`	35.73M	shares	Point-in-time
Common stock shares issued	`CommonStockSharesIssued`	35.67M	shares	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$63.34M	USD	Point-in-time
Common stock shares outstanding	`CommonStockSharesOutstanding`	35.73M	shares	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$69.18M	USD	Point-in-time
Common stock shares outstanding	`CommonStockSharesOutstanding`	35.67M	shares	Point-in-time
Treasury stock shares	`TreasuryStockShares`	200,000.00	shares	Point-in-time
Deferred income taxes	`DeferredTaxAssetsLiabilitiesNetNoncurrent`	$330.00K	USD	Point-in-time
Treasury stock shares	`TreasuryStockShares`	200,000.00	shares	Point-in-time
Deferred income taxes	`DeferredTaxAssetsLiabilitiesNetNoncurrent`	$713.00K	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$6.69M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$6.83M	USD	Point-in-time
Total assets	`Assets`	$967.93M	USD	Point-in-time
Total assets	`Assets`	$1.01B	USD	Point-in-time
Accounts payable (includes $0.1 million and $0.3 million with related parties at March 31, 2019 and December 31, 2018, respectively)	`AccountsPayableCurrent`	$16.74M	USD	Point-in-time
Accounts payable (includes $0.1 million and $0.3 million with related parties at March 31, 2019 and December 31, 2018, respectively)	`AccountsPayableCurrent`	$13.63M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$82.25M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$87.49M	USD	Point-in-time
Advanced billings (includes $0.5 million and $0.4 million with related parties at March 31, 2019 and December 31, 2018, respectively)	`ContractWithCustomerLiabilityCurrent`	$150.24M	USD	Point-in-time
Advanced billings (includes $0.5 million and $0.4 million with related parties at March 31, 2019 and December 31, 2018, respectively)	`ContractWithCustomerLiabilityCurrent`	$147.94M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$4.86M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$18.43M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$264.54M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$257.03M	USD	Point-in-time
Long-term debt, net, less current portion	`LongTermDebtNoncurrent`	$55.78M	USD	Point-in-time
Long-term debt, net, less current portion	`LongTermDebtNoncurrent`	$79.72M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$46.24M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	-	USD	Point-in-time
Deemed landlord liability, less current portion	`CapitalLeaseObligationsNoncurrent`	$24.48M	USD	Point-in-time
Deemed landlord liability, less current portion	`CapitalLeaseObligationsNoncurrent`	-	USD	Point-in-time
Deferred income tax liability	`DeferredTaxLiabilitiesNoncurrent`	$439.00K	USD	Point-in-time
Deferred income tax liability	`DeferredTaxLiabilitiesNoncurrent`	$3.44M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$16.56M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$14.62M	USD	Point-in-time
Total liabilities	`Liabilities`	$384.62M	USD	Point-in-time
Total liabilities	`Liabilities`	$378.23M	USD	Point-in-time
Commitments and contingencies (see Note 12)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (see Note 12)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock - $0.01 par-value; 5,000,000 shares authorized; no shares issued and outstanding at March 31, 2019 and December 31, 2018, respectively	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock - $0.01 par-value; 5,000,000 shares authorized; no shares issued and outstanding at March 31, 2019 and December 31, 2018, respectively	`PreferredStockValue`	-	USD	Point-in-time
Common stock - $0.01 par-value; 250,000,000 shares authorized at March 31, 2019 and December 31, 2018, respectively; 35,728,989 and 35,665,910 shares issued and outstanding at March 31, 2019 and December 31, 2018, respectively	`CommonStockValue`	$357.00K	USD	Point-in-time
Common stock - $0.01 par-value; 250,000,000 shares authorized at March 31, 2019 and December 31, 2018, respectively; 35,728,989 and 35,665,910 shares issued and outstanding at March 31, 2019 and December 31, 2018, respectively	`CommonStockValue`	$356.00K	USD	Point-in-time
Treasury stock - 200,000 shares at March 31, 2019 and December 31, 2018, respectively	`TreasuryStockValue`	$6.03M	USD	Point-in-time
Treasury stock - 200,000 shares at March 31, 2019 and December 31, 2018, respectively	`TreasuryStockValue`	$6.03M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$639.38M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$643.50M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-41.49M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-13.14M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-2.52M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-2.79M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$503.53M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$526.47M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$621.90M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$589.70M	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$967.93M	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$1.01B	USD	Point-in-time

Income Statement 38 line items

Line Item	Tag	Value	Unit	Period
Revenue, net (includes $5.1 million and $1.5 million with related parties for the three months ended March 31, 2019 and 2018, respectively)	`RevenueFromContractWithCustomerExcludingAssessedTax`	$200.74M	USD	1 Quarter
Revenue, net (includes $5.1 million and $1.5 million with related parties for the three months ended March 31, 2019 and 2018, respectively)	`RevenueFromContractWithCustomerExcludingAssessedTax`	$163.08M	USD	1 Quarter
Direct service costs, excluding depreciation and amortization	`CostOfServicesExcludingDepreciationDepletionAndAmortization`	$75.11M	USD	1 Quarter
Direct service costs, excluding depreciation and amortization	`CostOfServicesExcludingDepreciationDepletionAndAmortization`	$60.34M	USD	1 Quarter
Reimbursed out-of-pocket expenses	`ReimbursedOutOfPocketExpenses`	$56.91M	USD	1 Quarter
Reimbursed out-of-pocket expenses	`ReimbursedOutOfPocketExpenses`	$70.59M	USD	1 Quarter
Total direct costs	`DirectOperatingCosts`	$117.25M	USD	1 Quarter
Total direct costs	`DirectOperatingCosts`	$145.70M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$21.31M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$16.00M	USD	1 Quarter
Depreciation	`Depreciation`	$1.99M	USD	1 Quarter
Depreciation	`Depreciation`	$2.31M	USD	1 Quarter
Amortization	`AmortizationOfIntangibleAssets`	$5.84M	USD	1 Quarter
Amortization	`AmortizationOfIntangibleAssets`	$7.39M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$174.85M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$142.96M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$25.89M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$20.12M	USD	1 Quarter
Miscellaneous expense, net	`OtherNonoperatingIncomeExpense`	$-153.00K	USD	1 Quarter
Miscellaneous expense, net	`OtherNonoperatingIncomeExpense`	$-282.00K	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-955.00K	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-2.31M	USD	1 Quarter
Total other expense, net	`NonoperatingIncomeExpense`	$-2.46M	USD	1 Quarter
Total other expense, net	`NonoperatingIncomeExpense`	$-1.24M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$17.66M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$24.66M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$5.46M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$3.11M	USD	1 Quarter
Net income	`NetIncomeLoss`	$19.20M	USD	1 Quarter
Net income	`NetIncomeLoss`	$14.55M	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.41	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.54	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.51	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.40	USD	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	35.49M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	35.70M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	37.28M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	36.45M	shares	1 Quarter

Cash Flow Statement 62 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$19.20M	USD	1 Quarter
Net income	`ProfitLoss`	$14.55M	USD	1 Quarter
Depreciation	`Depreciation`	$1.99M	USD	1 Quarter
Depreciation	`Depreciation`	$2.31M	USD	1 Quarter
Amortization	`AmortizationOfIntangibleAssets`	$5.84M	USD	1 Quarter
Amortization	`AmortizationOfIntangibleAssets`	$7.39M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$1.47M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$3.18M	USD	1 Quarter
Amortization of debt issuance costs and discount	`AmortizationOfFinancingCostsAndDiscounts`	$138.00K	USD	1 Quarter
Amortization of debt issuance costs and discount	`AmortizationOfFinancingCostsAndDiscounts`	$159.00K	USD	1 Quarter
Noncash lease expense	`NonCashLeaseExpense`	$2.36M	USD	1 Quarter
Noncash lease expense	`NonCashLeaseExpense`	-	USD	1 Quarter
Deferred income tax provision (benefit)	`DeferredIncomeTaxExpenseBenefit`	$656.00K	USD	1 Quarter
Deferred income tax provision (benefit)	`DeferredIncomeTaxExpenseBenefit`	$-248.00K	USD	1 Quarter
Amortization and adjustment of deferred credit	`AmortizationAndAdjustmentOfDeferredCredit`	$200.00K	USD	1 Quarter
Amortization and adjustment of deferred credit	`AmortizationAndAdjustmentOfDeferredCredit`	$203.00K	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$32.00K	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$43.00K	USD	1 Quarter
Accounts receivable and unbilled, net	`IncreaseDecreaseInReceivables`	$-4.25M	USD	1 Quarter
Accounts receivable and unbilled, net	`IncreaseDecreaseInReceivables`	$17.76M	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.64M	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$214.00K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$699.00K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-2.68M	USD	1 Quarter
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-5.22M	USD	1 Quarter
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$5.27M	USD	1 Quarter
Advanced billings	`IncreaseDecreaseInContractWithCustomerLiability`	$6.82M	USD	1 Quarter
Advanced billings	`IncreaseDecreaseInContractWithCustomerLiability`	$2.44M	USD	1 Quarter
Lease liabilities	`IncreaseDecreaseInOperatingLeaseLiabilities`	-	USD	1 Quarter
Lease liabilities	`IncreaseDecreaseInOperatingLeaseLiabilities`	$-2.04M	USD	1 Quarter
Other assets and liabilities, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-5.77M	USD	1 Quarter
Other assets and liabilities, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-3.09M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$34.01M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$23.30M	USD	1 Quarter
Property and equipment expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$3.95M	USD	1 Quarter
Property and equipment expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$2.52M	USD	1 Quarter
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$1.32M	USD	1 Quarter
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$-23.00K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-3.93M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-3.84M	USD	1 Quarter
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$972.00K	USD	1 Quarter
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$566.00K	USD	1 Quarter
Payment of debt	`RepaymentsOfDebt`	$24.00M	USD	1 Quarter
Payment of debt	`RepaymentsOfDebt`	$4.12M	USD	1 Quarter
Payments on revolving loan	`RepaymentsOfLinesOfCredit`	-	USD	1 Quarter
Payments on revolving loan	`RepaymentsOfLinesOfCredit`	$20.00M	USD	1 Quarter
Payment of deemed landlord liability	`RepaymentsOfLongTermCapitalLeaseObligations`	-	USD	1 Quarter
Payment of deemed landlord liability	`RepaymentsOfLongTermCapitalLeaseObligations`	$451.00K	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-23.03M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-24.01M	USD	1 Quarter
EFFECT OF EXCHANGE RATES ON CASH, CASH EQUIVALENTS, AND RESTRICTED CASH	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-290.00K	USD	1 Quarter
EFFECT OF EXCHANGE RATES ON CASH, CASH EQUIVALENTS, AND RESTRICTED CASH	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$400.00K	USD	1 Quarter
INCREASE (DECREASE) IN CASH, CASH EQUIVALENTS, AND RESTRICTED CASH	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$6.84M	USD	1 Quarter
INCREASE (DECREASE) IN CASH, CASH EQUIVALENTS, AND RESTRICTED CASH	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-4.24M	USD	1 Quarter
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$23.28M	USD	Point-in-time
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$22.25M	USD	Point-in-time
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$30.13M	USD	Point-in-time
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$26.49M	USD	Point-in-time
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$23.28M	USD	Point-in-time
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$22.25M	USD	Point-in-time
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$30.13M	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
Balance	`StockholdersEquity`	$503.53M	USD	Point-in-time
Balance	`StockholdersEquity`	$526.47M	USD	Point-in-time
Balance	`StockholdersEquity`	$621.90M	USD	Point-in-time
Balance	`StockholdersEquity`	$589.70M	USD	Point-in-time
Balance	`StockholdersEquityAdjustedBalance`	$598.86M	USD	Point-in-time
Balance	`StockholdersEquityAdjustedBalance`	$509.26M	USD	Point-in-time
Net income	`NetIncomeLoss`	$19.20M	USD	1 Quarter
Net income	`NetIncomeLoss`	$14.55M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$629.00K	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-274.00K	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.47M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.18M	USD	1 Quarter
Stock options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$934.00K	USD	1 Quarter
Stock options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$566.00K	USD	1 Quarter
Balance	`StockholdersEquity`	$503.53M	USD	Point-in-time
Balance	`StockholdersEquity`	$526.47M	USD	Point-in-time
Balance	`StockholdersEquity`	$621.90M	USD	Point-in-time
Balance	`StockholdersEquity`	$589.70M	USD	Point-in-time

Comprehensive Income 6 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$19.20M	USD	1 Quarter
Net income	`NetIncomeLoss`	$14.55M	USD	1 Quarter
Foreign currency translation adjustments, net of taxes	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$629.00K	USD	1 Quarter
Foreign currency translation adjustments, net of taxes	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-274.00K	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$15.18M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$18.92M	USD	1 Quarter

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