XML 32 R20.htm IDEA: XBRL DOCUMENT
v3.21.2

Segment and Related Information | 9 Months Ended
--- | ---
Sep. 30, 2021
Segment Reporting [Abstract] |
Segment and Related Information | NOTE 12: SEGMENT AND RELATED INFORMATION The Company is organized in two segments, Restaurant/Retail and Government. Management views the Restaurant/Retail and Government segments separately in operating its business, as the products and services are different for each segment. The Restaurant/Retail segment is a provider of software, systems and services to the restaurant and retail industries. The Restaurant/Retail segment provides multi-unit and individual restaurants, franchisees, and enterprise customers in the three major restaurant categories (fast casual, quick serve, and table service) a fully integrated cloud solution with its Brink POS cloud software and POS hardware for the front-of-house, its back-office cloud software Data Central for the back-of-house, its loyalty and customer engagement platform - Punchh, and its wireless headsets for drive-thru order taking. This segment also offers a comprehensive portfolio of services to support its customer' technology and hardware requirements before, during and after software and/or hardware deployments. The Government segment performs complex technical studies, analysis, experiments, develops innovative solutions, and provides on-site engineering in support of advanced defense, security and aerospace systems. This segment also provides expert on-site services for operating and maintaining U.S. Government-owned communication assets. Information noted as “Other” primarily relates to the Company’s corporate operations. Information as to the Company’s segments is set forth in the tables below:
(in thousands) | Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2021 |  | 2020 |  | 2021 |  | 2020
Net revenues: |  |  |  |  |  |  |
Restaurant/Retail | $ | 59,821 |  |  | $ | 37,347 |  |  | $ | 147,529 |  |  | $ | 102,389 |
Government | 18,039 |  |  | 17,500 |  |  | 53,748 |  |  | 52,881 |
Total | $ | 77,860 |  |  | $ | 54,847 |  |  | $ | 201,277 |  |  | $ | 155,270 |
Operating (loss) income: |  |  |  |  |  |  |
Restaurant/Retail | $ | (15,642) |  |  | $ | (2,763) |  |  | $ | (40,894) |  |  | $ | (16,530) |
Government | 1,960 |  |  | 1,774 |  |  | 4,555 |  |  | 4,302 |
Other | (427) |  |  | (9) |  |  | (766) |  |  | 57 |
Total | (14,109) |  |  | (998) |  |  | (37,105) |  |  | (12,171) |
Other expense, net | (539) |  |  | (486) |  |  | (931) |  |  | (1,250) |
Interest expense, net | (5,406) |  |  | (2,235) |  |  | (12,503) |  |  | (6,318) |
Loss on extinguishment of debt | (11,916) |  |  | — |  |  | (11,916) |  |  | (8,123) |
Loss before provision for income taxes | $ | (31,970) |  |  | $ | (3,719) |  |  | $ | (62,455) |  |  | $ | (27,862) |
Depreciation, amortization and accretion: |  |  |  |  |  |  |
Restaurant/Retail | $ | 5,833 |  |  | $ | 1,984 |  |  | $ | 13,789 |  |  | $ | 5,790 |
Government | 30 |  |  | 80 |  |  | 263 |  |  | 136 |
Other | 2,453 |  |  | 1,388 |  |  | 6,051 |  |  | 4,226 |
Total | $ | 8,316 |  |  | $ | 3,452 |  |  | $ | 20,103 |  |  | $ | 10,152 |
Capital expenditures including software costs: |  |  |  |  |  |  |
Restaurant/Retail | $ | 1,645 |  |  | $ | 1,324 |  |  | $ | 5,342 |  |  | $ | 5,814 |
Government | 139 |  |  | 415 |  |  | 592 |  |  | 849 |
Other | 177 |  |  | 276 |  |  | 465 |  |  | 398 |
Total | $ | 1,961 |  |  | $ | 2,015 |  |  | $ | 6,399 |  |  | $ | 7,061 |
(in thousands) | Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2021 |  | 2020 |  | 2021 |  | 2020
Revenues by country: |  |  |  |  |  |  |
United States | $ | 71,595 |  |  | $ | 51,036 |  |  | $ | 186,325 |  |  | $ | 148,293 |
Other Countries | 6,265 |  |  | 3,811 |  |  | 14,952 |  |  | 6,977 |
Total | $ | 77,860 |  |  | $ | 54,847 |  |  | $ | 201,277 |  |  | $ | 155,270 |
The following table represents assets by reporting segment.
(in thousands) | September 30, 2021 |  | December 31, 2020
Restaurant/Retail | $ | 681,344 |  |  | $ | 140,606 |
Government | 14,906 |  |  | 13,150 |
Other | 210,142 |  |  | 189,993 |
Total | $ | 906,392 |  |  | $ | 343,749 |
The following table represents identifiable long-lived tangible assets by country based on the location of the assets.
(in thousands) | September 30, 2021 |  | December 31, 2020
United States | $ | 305,757 |  |  | $ | 250,275 |
Other Countries | 14,245 |  |  | 16,570 |
Total | $ | 320,002 |  |  | $ | 266,845 |
The following table represents goodwill by reporting segment.
(in thousands) | September 30, 2021 |  | December 31, 2020
Restaurant/Retail | $ | 458,459 |  |  | $ | 40,478 |
Government | 736 |  |  | 736 |
Total | $ | 459,195 |  |  | $ | 41,214 |
Customers comprising 10% or more of the Company’s total revenues by reporting segment are summarized as follows:
| Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2021 |  | 2020 |  | 2021 |  | 2020
Restaurant/Retail reporting segment: |  |  |  |  |  |  |
Dairy Queen | 6 | % |  | 13 | % |  | 7 | % |  | 13 | %
Yum! Brands, Inc. | 11 | % |  | 11 | % |  | 12 | % |  | 10 | %
McDonald’s Corporation | 12 | % |  | 6 | % |  | 11 | % |  | 7 | %
Government reporting segment: |  |  |  |  |  |  |
U.S. Department of Defense | 23 | % |  | 32 | % |  | 27 | % |  | 34 | %
All Others | 48 | % |  | 38 | % |  | 43 | % |  | 36 | %
| 100 | % |  | 100 | % |  | 100 | % |  | 100 | %
No other customer within All Others represented 10% or more of the Company’s total revenue for the three and nine months ended September 30, 2021 or 2020.

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8924-108599 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8981-108599 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9031-108599 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9038-108599 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8736-108599 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9054-108599 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8657-108599 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8721-108599 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
Name: | us-gaap_SegmentReportingDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration