XML 52 R31.htm IDEA: XBRL DOCUMENT v3.20.4
Revision of Previously Issued Financial Statements (Tables)
12 Months Ended
Dec. 31, 2020
Revision of Previously Issued Financial Statements  
Revised Consolidated Statements

Consolidated Balance Sheet

December 31, 2019

in thousands

    

As Previously Reported

    

Adjustments

As Revised

Contract assets

$

7,058

$

(1,818)

$

5,240

Total current assets

211,619

(1,818)

209,801

Contract assets - non-current

3,565

(210)

3,355

Total assets

384,570

(2,028)

382,542

Short-term income taxes payable

7,711

(301)

7,410

Total current liabilities

74,113

(301)

73,812

Total liabilities

120,549

(301)

120,248

Retained earnings

181,167

(1,727)

179,440

Total stockholders' equity

264,021

(1,727)

262,294

Total liabilities and stockholders' equity

384,570

(2,028)

382,542

Consolidated Statements of Operations

Year Ended December 31, 2019

Year Ended December 31, 2018

in thousands

    

As Previously Reported

    

Adjustments

As Revised

    

As Previously Reported

    

Adjustments

As Revised

Revenue

 

  

 

  

 

  

 

  

Product and license

$

184,173

$

(860)

$

183,313

$

152,977

$

(923)

$

152,054

Services and other

 

70,397

(226)

 

70,171

 

59,303

(21)

 

59,282

Total revenue

 

254,570

(1,086)

 

253,484

 

212,280

(944)

 

211,336

Gross Profit

 

172,608

(1,086)

 

171,522

 

147,467

(944)

 

146,523

Operating income

 

15,275

(1,086)

 

14,189

 

24

(944)

 

(920)

Income before income taxes

 

15,495

(1,086)

 

14,409

 

3,553

(944)

 

2,609

Provision for income taxes

 

6,706

(161)

 

6,545

 

(293)

(142)

 

(435)

Net Income

8,789

(925)

7,864

3,846

(802)

3,044

Consolidated Statements of Comprehensive Loss

Year Ended December 31, 2019

Year Ended December 31, 2018

in thousands

As Previously Reported

    

Adjustments

As Revised

    

As Previously Reported

    

Adjustments

As Revised

Net income

$

8,789

$

(925)

$

7,864

$

3,846

$

(802)

$

3,044

Comprehensive income (loss)

8,781

(925)

7,856

(873)

(802)

(1,675)

Consolidated Statements of Stockholders’ Equity

Total Stockholders' Equity

in thousands

    

As Previously Reported

    

Adjustments

As Revised

Balance at December 31, 2017

$

237,930

$

N/A

$

N/A

Net income (loss)

3,846

(802)

3,044

Balance at December 31, 2018

$

252,441

$

(802)

$

251,639

Net income (loss)

8,789

(925)

7,864

Balance at December 31, 2019

$

264,021

$

(1,727)

$

262,294

Consolidated Statements of Cash Flows

Year ended December 31, 2019

Year ended December 31, 2018

in thousands

As Previously Reported

    

Adjustments

As Revised

As Previously Reported

    

Adjustments

As Revised

Cash flows from operating activities:

 

  

 

  

  

 

  

Net income

$

8,789

$

(925)

$

7,864

$

3,846

$

(802)

$

3,044

Changes in operating assets and liabilities:

 

  

 

 

  

 

  

 

 

  

Contract assets

 

655

 

1,085

 

1,740

 

(3,110)

 

943

 

(2,167)

Income taxes payable

318

(160)

158

(2,541)

(141)

(2,682)

Net cash provided by operating activities

 

18,244

 

 

18,244

 

1,226

 

 

1,226