◆ Market Data --:--
Commodities
Loading...
📈 Yields & Rates
Loading...
💱 FX Rates
Loading...
📈 Market Pulse
Loading...
🏛 Congress Trades
Loading...
👤 Insider Trades
Loading...
Customize Items

10-Q Filing

EXPONENT INC CIK: 851520 Q1 2022
Filing Information
Form Type 10-Q
Accession Number 0001564590-22-018600
Period End Date 20220331
Filing Date 20220506
Fiscal Year 2022
Fiscal Period Q1
XBRL Instance expo-10q_20220401_htm.xml
Balance Sheet 66 line items
Line Item Tag Value Unit Period
Accounts receivable, net of allowance for contract losses and doubtful accounts AllowanceForDoubtfulAccountsReceivableCurrent $4.42M USD Point-in-time
Accounts receivable, net of allowance for contract losses and doubtful accounts AllowanceForDoubtfulAccountsReceivableCurrent $4.90M USD Point-in-time
Common stock, par value CommonStockParOrStatedValuePerShare $0.00 USD Point-in-time
Common stock, par value CommonStockParOrStatedValuePerShare $0.00 USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $297.69M USD Point-in-time
Common stock, shares authorized CommonStockSharesAuthorized 120.00M shares Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $215.05M USD Point-in-time
Common stock, shares authorized CommonStockSharesAuthorized 120.00M shares Point-in-time
Accounts receivable, net of allowance for contract losses and doubtful accounts of $4,899 and $4,423 at April 1, 2022 and December 31, 2021, respectively AccountsReceivableNetCurrent $139.86M USD Point-in-time
Common stock, shares issued CommonStockSharesIssued 65.71M shares Point-in-time
Accounts receivable, net of allowance for contract losses and doubtful accounts of $4,899 and $4,423 at April 1, 2022 and December 31, 2021, respectively AccountsReceivableNetCurrent $147.51M USD Point-in-time
Common stock, shares issued CommonStockSharesIssued 65.71M shares Point-in-time
Treasury stock, shares TreasuryStockShares 13.88M shares Point-in-time
Treasury stock, shares TreasuryStockShares 13.59M shares Point-in-time
Prepaid expenses and other current assets PrepaidExpenseAndOtherAssetsCurrent $14.13M USD Point-in-time
Prepaid expenses and other current assets PrepaidExpenseAndOtherAssetsCurrent $15.21M USD Point-in-time
Total current assets AssetsCurrent $376.69M USD Point-in-time
Total current assets AssetsCurrent $452.76M USD Point-in-time
Property, equipment and leasehold improvements, net PropertyPlantAndEquipmentNet $61.08M USD Point-in-time
Property, equipment and leasehold improvements, net PropertyPlantAndEquipmentNet $59.97M USD Point-in-time
Operating lease right-of-use assets OperatingLeaseRightOfUseAsset $16.90M USD Point-in-time
Operating lease right-of-use assets OperatingLeaseRightOfUseAsset $14.37M USD Point-in-time
Goodwill Goodwill $8.61M USD Point-in-time
Goodwill Goodwill $8.61M USD Point-in-time
Deferred income taxes DeferredIncomeTaxAssetsNet $46.55M USD Point-in-time
Deferred income taxes DeferredIncomeTaxAssetsNet $46.50M USD Point-in-time
Deferred compensation plan assets DeferredCompensationPlanAssetsNoncurrent $99.96M USD Point-in-time
Deferred compensation plan assets DeferredCompensationPlanAssetsNoncurrent $106.25M USD Point-in-time
Other assets OtherAssetsNoncurrent $1.52M USD Point-in-time
Other assets OtherAssetsNoncurrent $1.52M USD Point-in-time
Total assets Assets $617.55M USD Point-in-time
Total assets Assets $683.74M USD Point-in-time
Accounts payable and accrued liabilities AccountsPayableAndAccruedLiabilitiesCurrent $30.84M USD Point-in-time
Accounts payable and accrued liabilities AccountsPayableAndAccruedLiabilitiesCurrent $24.50M USD Point-in-time
Accrued payroll and employee benefits EmployeeRelatedLiabilitiesCurrent $57.29M USD Point-in-time
Accrued payroll and employee benefits EmployeeRelatedLiabilitiesCurrent $103.55M USD Point-in-time
Deferred revenues ContractWithCustomerLiabilityCurrent $15.67M USD Point-in-time
Deferred revenues ContractWithCustomerLiabilityCurrent $19.76M USD Point-in-time
Operating lease liabilities OperatingLeaseLiabilityCurrent $5.16M USD Point-in-time
Operating lease liabilities OperatingLeaseLiabilityCurrent $5.31M USD Point-in-time
Total current liabilities LiabilitiesCurrent $152.98M USD Point-in-time
Total current liabilities LiabilitiesCurrent $109.11M USD Point-in-time
Other liabilities OtherLiabilitiesNoncurrent $2.66M USD Point-in-time
Other liabilities OtherLiabilitiesNoncurrent $2.89M USD Point-in-time
Deferred compensation plan liabilities DeferredCompensationLiabilityClassifiedNoncurrent $107.56M USD Point-in-time
Deferred compensation plan liabilities DeferredCompensationLiabilityClassifiedNoncurrent $101.00M USD Point-in-time
Operating lease liabilities OperatingLeaseLiabilityNoncurrent $11.65M USD Point-in-time
Operating lease liabilities OperatingLeaseLiabilityNoncurrent $9.81M USD Point-in-time
Total liabilities Liabilities $266.67M USD Point-in-time
Total liabilities Liabilities $230.98M USD Point-in-time
Common stock, $0.001 par value; 120,000 shares authorized; 65,707 shares issued at April 1, 2021 and December 31, 2021 CommonStockValue $66.00K USD Point-in-time
Common stock, $0.001 par value; 120,000 shares authorized; 65,707 shares issued at April 1, 2021 and December 31, 2021 CommonStockValue $66.00K USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $281.42M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $293.89M USD Point-in-time
Foreign currency translation adjustments AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax $-2.29M USD Point-in-time
Foreign currency translation adjustments AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax $-1.98M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $493.39M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $478.37M USD Point-in-time
Treasury stock, at cost; 13,885 and 13,591 shares held at April 1, 2021 and December 31, 2021, respectively TreasuryStockValue $340.81M USD Point-in-time
Treasury stock, at cost; 13,885 and 13,591 shares held at April 1, 2021 and December 31, 2021, respectively TreasuryStockValue $398.49M USD Point-in-time
Total stockholders equity StockholdersEquity $386.56M USD Point-in-time
Total stockholders equity StockholdersEquity $417.06M USD Point-in-time
Total stockholders equity StockholdersEquity $361.50M USD Point-in-time
Total stockholders equity StockholdersEquity $377.61M USD Point-in-time
Total liabilities and stockholders equity LiabilitiesAndStockholdersEquity $617.55M USD Point-in-time
Total liabilities and stockholders equity LiabilitiesAndStockholdersEquity $683.74M USD Point-in-time
Income Statement 40 line items
Line Item Tag Value Unit Period
Revenues before reimbursements RevenueBeforeReimbursements $117.87M USD 1 Quarter
Revenues before reimbursements RevenueBeforeReimbursements $109.58M USD 1 Quarter
Reimbursements RevenueFromReimbursement $10.61M USD 1 Quarter
Reimbursements RevenueFromReimbursement $6.90M USD 1 Quarter
Revenues RevenueFromContractWithCustomerExcludingAssessedTax $128.48M USD 1 Quarter
Revenues RevenueFromContractWithCustomerExcludingAssessedTax $116.48M USD 1 Quarter
Compensation and related expenses LaborAndRelatedExpense $74.54M USD 1 Quarter
Compensation and related expenses LaborAndRelatedExpense $68.76M USD 1 Quarter
Other operating expenses OtherCostAndExpenseOperating $7.71M USD 1 Quarter
Other operating expenses OtherCostAndExpenseOperating $8.16M USD 1 Quarter
Reimbursable expenses CostIncurredFromReimbursableExpense $10.61M USD 1 Quarter
Reimbursable expenses CostIncurredFromReimbursableExpense $6.90M USD 1 Quarter
General and administrative expenses GeneralAndAdministrativeExpense $3.27M USD 1 Quarter
General and administrative expenses GeneralAndAdministrativeExpense $4.23M USD 1 Quarter
Total operating expenses OperatingExpenses $92.42M USD 1 Quarter
Total operating expenses OperatingExpenses $91.76M USD 1 Quarter
Operating income OperatingIncomeLoss $24.06M USD 1 Quarter
Operating income OperatingIncomeLoss $36.72M USD 1 Quarter
Interest income, net InvestmentIncomeNet $29.00K USD 1 Quarter
Interest income, net InvestmentIncomeNet $21.00K USD 1 Quarter
Miscellaneous income (loss), net OtherNonoperatingIncomeExpense $6.04M USD 1 Quarter
Miscellaneous income (loss), net OtherNonoperatingIncomeExpense $-3.93M USD 1 Quarter
Total other income (loss), net NonoperatingIncomeExpense $-3.91M USD 1 Quarter
Total other income (loss), net NonoperatingIncomeExpense $6.07M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $32.81M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $30.13M USD 1 Quarter
Income taxes IncomeTaxExpenseBenefit $3.20M USD 1 Quarter
Income taxes IncomeTaxExpenseBenefit $-722.00K USD 1 Quarter
Net income NetIncomeLoss $30.85M USD 1 Quarter
Net income NetIncomeLoss $29.61M USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $0.59 USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $0.56 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $0.56 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $0.58 USD 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 52.42M shares 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 52.54M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 53.33M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 53.04M shares 1 Quarter
Cash dividends declared per common share (in dollars per share) CommonStockDividendsPerShareDeclared $0.24 USD 1 Quarter
Cash dividends declared per common share (in dollars per share) CommonStockDividendsPerShareDeclared $0.20 USD 1 Quarter
Cash Flow Statement 52 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $30.85M USD 1 Quarter
Net income ProfitLoss $29.61M USD 1 Quarter
Depreciation and amortization of property, equipment and leasehold improvements DepreciationAndAmortization $1.69M USD 1 Quarter
Depreciation and amortization of property, equipment and leasehold improvements DepreciationAndAmortization $1.66M USD 1 Quarter
Amortization of premiums and accretion of discounts on short-term investments AccretionAmortizationOfDiscountsAndPremiumsInvestments $7.00K USD 1 Quarter
Provision for contract losses and doubtful accounts ProvisionForDoubtfulAccounts $645.00K USD 1 Quarter
Provision for contract losses and doubtful accounts ProvisionForDoubtfulAccounts $686.00K USD 1 Quarter
Stock-based compensation ShareBasedCompensation $6.28M USD 1 Quarter
Stock-based compensation ShareBasedCompensation $6.87M USD 1 Quarter
Deferred income tax provision DeferredIncomeTaxExpenseBenefit $45.00K USD 1 Quarter
Deferred income tax provision DeferredIncomeTaxExpenseBenefit $1.23M USD 1 Quarter
Accounts receivable IncreaseDecreaseInAccountsReceivable $8.33M USD 1 Quarter
Accounts receivable IncreaseDecreaseInAccountsReceivable $13.29M USD 1 Quarter
Prepaid expenses and other current assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $9.95M USD 1 Quarter
Prepaid expenses and other current assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $8.14M USD 1 Quarter
Change in operating leases IncreaseDecreaseInOperationLeaseRightOfUseAssets $535.00K USD 1 Quarter
Change in operating leases IncreaseDecreaseInOperationLeaseRightOfUseAssets $627.00K USD 1 Quarter
Accounts payable and accrued liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $3.45M USD 1 Quarter
Accounts payable and accrued liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $5.23M USD 1 Quarter
Accrued payroll and employee benefits IncreaseDecreaseInEmployeeRelatedLiabilities $-17.86M USD 1 Quarter
Accrued payroll and employee benefits IncreaseDecreaseInEmployeeRelatedLiabilities $-27.58M USD 1 Quarter
Deferred revenues IncreaseDecreaseInContractWithCustomerLiability $-4.09M USD 1 Quarter
Deferred revenues IncreaseDecreaseInContractWithCustomerLiability $-2.89M USD 1 Quarter
Net cash provided by (used in) operating activities NetCashProvidedByUsedInOperatingActivities $1.28M USD 1 Quarter
Net cash provided by (used in) operating activities NetCashProvidedByUsedInOperatingActivities $-6.35M USD 1 Quarter
Capital expenditures PaymentsToAcquirePropertyPlantAndEquipment $2.61M USD 1 Quarter
Capital expenditures PaymentsToAcquirePropertyPlantAndEquipment $2.52M USD 1 Quarter
Purchase of short-term investments PaymentsToAcquireShortTermInvestments $10.00M USD 1 Quarter
Maturity of short-term investments ProceedsFromMaturitiesPrepaymentsAndCallsOfShorttermInvestments $25.00M USD 1 Quarter
Net cash provided by (used in) investing activities NetCashProvidedByUsedInInvestingActivities $-2.61M USD 1 Quarter
Net cash provided by (used in) investing activities NetCashProvidedByUsedInInvestingActivities $12.49M USD 1 Quarter
Payroll taxes for restricted stock units PaymentsRelatedToTaxWithholdingForShareBasedCompensation $12.90M USD 1 Quarter
Payroll taxes for restricted stock units PaymentsRelatedToTaxWithholdingForShareBasedCompensation $15.63M USD 1 Quarter
Repurchase of common stock PaymentsForRepurchaseOfCommonStock $48.55M USD 1 Quarter
Exercise of stock-based payment awards ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions $564.00K USD 1 Quarter
Exercise of stock-based payment awards ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions $543.00K USD 1 Quarter
Dividends and dividend equivalents rights PaymentsOfDividends $12.51M USD 1 Quarter
Dividends and dividend equivalents rights PaymentsOfDividends $11.94M USD 1 Quarter
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-27.03M USD 1 Quarter
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-73.41M USD 1 Quarter
Effect of foreign currency exchange rates on cash and cash equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $-271.00K USD 1 Quarter
Effect of foreign currency exchange rates on cash and cash equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $249.00K USD 1 Quarter
Net decrease in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-13.00M USD 1 Quarter
Net decrease in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-82.64M USD 1 Quarter
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $297.69M USD Point-in-time
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $197.53M USD Point-in-time
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $184.52M USD Point-in-time
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $215.05M USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $297.69M USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $197.53M USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $184.52M USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $215.05M USD Point-in-time
Stockholders Equity 24 line items
Line Item Tag Value Unit Period
Balance StockholdersEquity $386.56M USD Point-in-time
Balance StockholdersEquity $417.06M USD Point-in-time
Balance StockholdersEquity $361.50M USD Point-in-time
Balance StockholdersEquity $377.61M USD Point-in-time
Employee stock purchase plan StockIssuedDuringPeriodValueEmployeeStockPurchasePlan $543.00K USD 1 Quarter
Employee stock purchase plan StockIssuedDuringPeriodValueEmployeeStockPurchasePlan $564.00K USD 1 Quarter
Amortization of unrecognized stock-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $4.09M USD 1 Quarter
Amortization of unrecognized stock-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $3.74M USD 1 Quarter
Purchase of treasury stock StockRepurchasedDuringPeriodValue $48.55M USD 1 Quarter
Foreign currency translation adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $243.00K USD 1 Quarter
Foreign currency translation adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-310.00K USD 1 Quarter
Grant of restricted stock units to settle accrued bonus StockGrantedDuringPeriodValueSharebasedCompensation $7.64M USD 1 Quarter
Grant of restricted stock units to settle accrued bonus StockGrantedDuringPeriodValueSharebasedCompensation $10.20M USD 1 Quarter
Settlement of restricted stock units StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures $-15.63M USD 1 Quarter
Settlement of restricted stock units StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures $-12.90M USD 1 Quarter
Unrealized gain on investments UnrealizedGainLossOnInvestments $-4.00K USD 1 Quarter
Dividends and dividend equivalent rights Dividends $13.20M USD 1 Quarter
Dividends and dividend equivalent rights Dividends $11.26M USD 1 Quarter
Net income NetIncomeLoss $30.85M USD 1 Quarter
Net income NetIncomeLoss $29.61M USD 1 Quarter
Balance StockholdersEquity $386.56M USD Point-in-time
Balance StockholdersEquity $417.06M USD Point-in-time
Balance StockholdersEquity $361.50M USD Point-in-time
Balance StockholdersEquity $377.61M USD Point-in-time
Comprehensive Income 7 line items
Line Item Tag Value Unit Period
Net income NetIncomeLoss $30.85M USD 1 Quarter
Net income NetIncomeLoss $29.61M USD 1 Quarter
Foreign currency translation adjustments, net of tax OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax $243.00K USD 1 Quarter
Foreign currency translation adjustments, net of tax OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax $-310.00K USD 1 Quarter
Unrealized gains on available-for-sale investment securities arising during the period, net of tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $-4.00K USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTax $31.09M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTax $29.30M USD 1 Quarter

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

NEWS
Loading article...
NEWS
Loading news...
TRENDING
Loading...