Arc Document Solutions (ARC) 10-Q4 Nov 242024 Q3 Quarterly reportFinancial data

Company Profile

Cover

Cover - shares	9 Months Ended
Cover - shares	Sep. 30, 2024	Oct. 21, 2024
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 30, 2024
Document Transition Report	false
Entity File Number	001-32407
Entity Registrant Name	ARC DOCUMENT SOLUTIONS, INC.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	20-1700361
Entity Address, Address Line One	12657 Alcosta Blvd, Suite 200
Entity Address, City or Town	San Ramon
Entity Address, State or Province	CA
Entity Address, Postal Zip Code	94583
City Area Code	925
Local Phone Number	949-5100
Title of 12(b) Security	Common Stock, par value $0.001 per share
Trading Symbol	ARC
Security Exchange Name	NYSE
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Accelerated Filer
Entity Small Business	true
Entity Emerging Growth	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		43,262,384
Amendment Flag	false
Document Fiscal Year Focus	2024
Document Fiscal Period Focus	Q3
Entity Central Index Key	0001305168
Current Fiscal Year End Date	--12-31

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 51,291	$ 56,093
Accounts receivable, net of allowances for accounts receivable of $1,640 and $1,857	41,896	35,775
Inventory	9,202	8,818
Prepaid expenses	4,828	3,988
Other current assets	4,310	3,978
Total current assets	111,527	108,652
Property and equipment, net of accumulated depreciation of $226,164 and $229,122	43,668	40,925
Right-of-use assets from operating leases	33,670	32,838
Goodwill	121,051	121,051
Other intangible assets, net	134	162
Deferred income taxes	1,450	4,383
Other assets	1,955	2,113
Total assets	313,455	310,124
Current liabilities:
Accounts payable	25,639	24,175
Accrued payroll and payroll-related expenses	10,572	9,401
Accrued expenses	20,860	18,787
Current operating lease liability	10,655	9,924
Current portion of finance leases	6,976	8,870
Total current liabilities	74,702	71,157
Long-term operating lease liabilities	27,367	27,357
Long-term debt and finance leases	52,172	53,366
Deferred income taxes	236	52
Other long-term liabilities	2,431	2,467
Total liabilities	156,908	154,399
Commitments and contingencies (Note 6)
ARC Document Solutions, Inc. stockholders’ equity:
Preferred stock, $0.001 par value, 25,000 shares authorized; 0 shares issued and outstanding	0	0
Common stock, $0.001 par value, 150,000 shares authorized; 53,125 and 52,526 shares issued and 43,262 and 42,783 shares outstanding	53	52
Additional paid-in capital	138,516	136,460
Retained earnings	43,327	44,144
Accumulated other comprehensive loss	(4,135)	(4,200)
Total stockholders equity before adjustment of treasury stock	177,761	176,456
Less cost of common stock in treasury, 9,863 and 9,743 shares	22,727	22,390
Total ARC Document Solutions, Inc. stockholders’ equity	155,034	154,066
Noncontrolling interest	1,513	1,659
Total equity	156,547	155,725
Total liabilities and equity	$ 313,455	$ 310,124

CONDENSED CONSOLIDATED BALANC_2

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) (Parenthetical) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Statement of Financial Position [Abstract]
Allowances for accounts receivable	$ 1,640	$ 1,857
Accumulated depreciation	$ 226,164	$ 229,122
Preferred stock, par value (in usd per share)	$ 0.001	$ 0.001
Preferred stock, shares authorized (in shares)	25,000,000	25,000,000
Preferred stock, shares issued (in shares)	0	0
Preferred stock, shares outstanding (in shares)	0	0
Common stock, par value (in usd per share)	$ 0.001	$ 0.001
Common stock, shares authorized (in shares)	150,000,000	150,000,000
Common stock, shares issued (in shares)	53,125,000	52,526,000
Common stock, shares outstanding (in shares)	43,262,000	42,783,000
Treasury stock, (in shares)	9,863,000	9,743,000

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Income Statement [Abstract]
Net sales	$ 74,448	$ 71,057	$ 220,354	$ 212,325
Cost of sales	49,689	46,908	146,400	140,075
Gross profit	24,759	24,149	73,954	72,250
Selling, general and administrative expenses	23,268	19,269	63,681	57,764
Amortization of intangible assets	9	10	29	31
Income from operations	1,482	4,870	10,244	14,455
Other income, net	(23)	(16)	(94)	(42)
Interest expense, net	327	397	968	1,300
Income before income tax provision	1,178	4,489	9,370	13,197
Income tax provision	1,279	1,368	3,972	4,262
Net (loss) income	(101)	3,121	5,398	8,935
Loss attributable to the noncontrolling interest	36	44	149	188
Net (loss) income attributable to ARC Document Solutions, Inc. stockholders	$ (65)	$ 3,165	$ 5,547	$ 9,123
Earnings per share attributable to ARC Document Solutions, Inc. stockholders
Basic (in usd per share)		$ 0.07	$ 0.13	$ 0.21
Diluted (in usd per share)		$ 0.07	$ 0.13	$ 0.21
Weighted average common shares outstanding:
Basic (in shares)	42,529	42,554	42,355	42,634
Diluted (in shares)	43,440	43,516	43,192	43,624

CONDENSED CONSOLIDATED STATEM_2

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Statement of Comprehensive Income [Abstract]
Net (loss) income	$ (101)	$ 3,121	$ 5,398	$ 8,935
Other comprehensive loss, net of tax
Foreign currency translation adjustments	453	(178)	68	(450)
Other comprehensive income (loss), net of tax	453	(178)	68	(450)
Comprehensive income	352	2,943	5,466	8,485
Comprehensive income (loss) attributable to noncontrolling interest, net of tax	38	(25)	(146)	(344)
Comprehensive income attributable to ARC Document Solutions, Inc. stockholders	$ 314	$ 2,968	$ 5,612	$ 8,829

CONDENSED CONSOLIDATED STATEM_3

CONDENSED CONSOLIDATED STATEMENTS OF EQUITY (Unaudited) - USD ($) shares in Thousands, $ in Thousands	Total	Common Stock	Additional Paid-in Capital	Retained Earnings	Accumulated Other Comprehensive Loss	Common Stock in Treasury	Noncontrolling Interest
Beginning balance (in shares) at Dec. 31, 2022		51,400
Beginning balance at Dec. 31, 2022	$ 156,290	$ 51	$ 132,952	$ 44,416	$ (4,187)	$ (18,877)	$ 1,935
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Stock-based compensation (in shares)		236
Stock-based compensation	1,622		1,622
Stock options exercised (in shares)		799
Stock options exercised	1,130	$ 1	1,129
Issuance of common stock under Employee Stock Purchase Plan (in shares)		37
Issuance of common stock under Employee Stock Purchase Plan	98		98
Treasury shares	(2,849)					(2,849)
Cash dividends - common stock	(6,407)			(6,407)
Comprehensive income (loss), net of tax	8,485			9,123	(294)		(344)
Ending balance (in shares) at Sep. 30, 2023		52,472
Ending balance at Sep. 30, 2023	158,369	$ 52	135,801	47,132	(4,481)	(21,726)	1,591
Beginning balance (in shares) at Jun. 30, 2023		52,436
Beginning balance at Jun. 30, 2023	157,901	$ 52	135,115	46,087	(4,284)	(20,685)	1,616
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Stock-based compensation	599		599
Stock options exercised (in shares)		22
Stock options exercised	49		49
Issuance of common stock under Employee Stock Purchase Plan (in shares)		14
Issuance of common stock under Employee Stock Purchase Plan	38		38
Treasury shares	(1,041)					(1,041)
Cash dividends - common stock	(2,120)			(2,120)
Comprehensive income (loss), net of tax	2,943			3,165	(197)		(25)
Ending balance (in shares) at Sep. 30, 2023		52,472
Ending balance at Sep. 30, 2023	$ 158,369	$ 52	135,801	47,132	(4,481)	(21,726)	1,591
Beginning balance (in shares) at Dec. 31, 2023	52,526	52,526
Beginning balance at Dec. 31, 2023	$ 155,725	$ 52	136,460	44,144	(4,200)	(22,390)	1,659
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Stock-based compensation (in shares)		543
Stock-based compensation	1,935	$ 1	1,934
Stock options exercised (in shares)		22
Stock options exercised	40		40
Issuance of common stock under Employee Stock Purchase Plan (in shares)		34
Issuance of common stock under Employee Stock Purchase Plan	82		82
Treasury shares	(337)					(337)
Cash dividends - common stock	(6,364)			(6,364)
Comprehensive income (loss), net of tax	$ 5,466			5,547	65		(146)
Ending balance (in shares) at Sep. 30, 2024	53,125	53,125
Ending balance at Sep. 30, 2024	$ 156,547	$ 53	138,516	43,327	(4,135)	(22,727)	1,513
Beginning balance (in shares) at Jun. 30, 2024		53,111
Beginning balance at Jun. 30, 2024	157,697	$ 53	137,888	45,522	(4,514)	(22,727)	1,475
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Stock-based compensation	593		593
Stock options exercised (in shares)		5
Stock options exercised	12		12
Issuance of common stock under Employee Stock Purchase Plan (in shares)		9
Issuance of common stock under Employee Stock Purchase Plan	23		23
Cash dividends - common stock	(2,130)			(2,130)
Comprehensive income (loss), net of tax	$ 352			(65)	379		38
Ending balance (in shares) at Sep. 30, 2024	53,125	53,125
Ending balance at Sep. 30, 2024	$ 156,547	$ 53	$ 138,516	$ 43,327	$ (4,135)	$ (22,727)	$ 1,513

CONDENSED CONSOLIDATED STATEM_4

CONDENSED CONSOLIDATED STATEMENTS OF EQUITY (Unaudited) (Parenthetical) - $ / shares	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Statement of Stockholders' Equity [Abstract]
Cash dividends declared (in usd per share)	$ 0.05	$ 0.05	$ 0.15	$ 0.15

CONDENSED CONSOLIDATED STATEM_5

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Cash flows from operating activities
Net income	$ 5,398	$ 8,935
Adjustments to reconcile net income to net cash provided by operating activities:
Allowance for credit losses	135	285
Depreciation	12,026	13,503
Amortization of intangible assets	29	31
Amortization of deferred financing costs	52	50
Stock-based compensation	1,935	1,622
Deferred income taxes	3,256	3,646
Deferred tax valuation allowance	(107)	160
Other non-cash items, net	(394)	(347)
Changes in operating assets and liabilities:
Accounts receivable	(6,151)	(1,968)
Inventory	(368)	(135)
Prepaid expenses and other assets	6,249	6,489
Accounts payable and accrued expenses	(2,851)	(9,414)
Net cash provided by operating activities	19,209	22,857
Cash flows from investing activities
Capital expenditures	(10,933)	(7,728)
Other	477	267
Net cash used in investing activities	(10,456)	(7,461)
Cash flows from financing activities
Proceeds from stock option exercises	40	1,130
Proceeds from issuance of common stock under Employee Stock Purchase Plan	82	98
Share repurchases	(337)	(2,849)
Payments on finance leases	(7,055)	(9,163)
Borrowings under revolving credit facilities	120,000	122,000
Payments under revolving credit facilities	(120,000)	(122,000)
Payment of deferred financing costs	0	(23)
Dividends paid	(6,346)	(6,399)
Net cash used in financing activities	(13,616)	(17,206)
Effect of foreign currency translation on cash balances	61	(165)
Net change in cash and cash equivalents	(4,802)	(1,975)
Cash and cash equivalents at beginning of period	56,093	52,561
Cash and cash equivalents at end of period	51,291	50,586
Noncash investing and financing activities
Finance lease obligations incurred	3,935	5,145
Operating lease obligations incurred	$ 8,187	$ 7,070

Description of Business and Bas

Description of Business and Basis of Presentation	9 Months Ended
Description of Business and Basis of Presentation	Sep. 30, 2024
Accounting Policies [Abstract]
Description of Business and Basis of Presentation	Description of Business and Basis of Presentation ARC Document Solutions, Inc. ("ARC Document Solutions," "ARC" or "the Company") is a digital printing company. ARC provides digital printing and document-related services to customers in a growing variety of industries. ARC offers Digital Printing services, Managed Print Services ("MPS"), and Scanning and Digital Imaging services. In addition, ARC also sells Equipment and Supplies. The Company conducts its operations through its wholly-owned operating subsidiary, ARC Document Solutions, LLC, a Texas limited liability company, and its affiliates. On August 27, 2024, ARC entered into an Agreement and Plan of Merger with TechPrint Holdings, LLC (“Parent”) and TechPrint Merger Sub, Inc. (“Merger Sub”) pursuant to which Merger Sub will merge with and into ARC with ARC surviving the merger as the surviving corporation (the “Surviving Corporation”) and a subsidiary of Parent (the “Merger”). Parent and Merger Sub are affiliates of Kumarakulasingam Suriyakumar, Chairman and Chief Executive Officer of ARC, Dilantha Wijesuriya, President and Chief Operating Officer of ARC, Jorge Avalos, Chief Financial Officer of ARC, Rahul Roy, Chief Technology Officer of ARC, Sujeewa Sean Pathiratne, a private stockholder of ARC, the Suriyakumar Family Trust, the Shiyulli Suriyakumar 2013 Irrevocable Trust and the Seiyonne Suriyakumar 2013 Irrevocable Trust (collectively, the “Acquisition Group”). If the Merger is completed, at the effective time of the Merger, each share of ARC’s common stock, $0.001 per share (“ARC Common Stock”), issued and outstanding immediately prior to the effective time of the Merger, other than shares of ARC Common Stock held by the Acquisition Group (such shares “Rollover Shares”) and certain other excluded shares pursuant to the terms of the Merger Agreement, shall be cancelled and extinguished and automatically converted into and shall thereafter represent the right to receive an amount in cash equal to $3.40 per share of ARC Common Stock (“Merger Consideration”), payable to the holder thereof, without interest, subject to and in accordance with the terms and conditions of the Merger Agreement. The members of the Acquisition Group, as a condition to the willingness of Parent and Merger Sub to enter into the Merger Agreement, agreed pursuant to the terms of that certain rollover agreement, dated as of August 27, 2024 (and subsequently amended on September 10, 2024), to immediately prior to the effective time of the Merger, (i) contribute their Rollover Shares to Parent in exchange for common units of Parent (“Parent Units”) and (ii) with respect to those members of the Acquisition Group who hold equity awards (“Rollover Equity Awards”) granted under ARC’s 2021 Incentive Plan, 2014 Stock Incentive Plan or 2005 Stock Plan, contribute the shares of ARC Common Stock received with respect to such Rollover Equity Awards pursuant to the Merger Agreement to Parent in exchange for Parent Units. Upon termination of the Merger Agreement, under certain circumstances, ARC would be required to pay Parent a termination fee of $5,277,367. Upon completion of the transaction, ARC will become a private company and ARC will no longer be required to file periodic and other reports with the United States Securities and Exchange Commission with respect to ARC Common Stock. The transactions contemplated by the Merger Agreement are expected to close in the fourth quarter of 2024. Basis of Presentation The accompanying interim Condensed Consolidated Financial Statements are prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) for interim financial information and in conformity with the requirements of the U.S. Securities and Exchange Commission ("SEC"). As permitted under those rules, certain footnotes or other financial information required by GAAP for complete financial statements have been condensed or omitted. In management’s opinion, the accompanying interim Condensed Consolidated Financial Statements reflect all adjustments of a normal and recurring nature that are necessary to fairly present the interim Condensed Consolidated Financial Statements. All intercompany accounts and transactions have been eliminated in consolidation. The operating results for the three and nine months ended September 30, 2024 are not necessarily indicative of the results that may be expected for the year ending December 31, 2024. The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported in the interim Condensed Consolidated Financial Statements and accompanying notes. The Company evaluates its estimates and assumptions on an ongoing basis and relies on historical experience and various other factors that it believes to be reasonable under the circumstances to determine such estimates. Actual results could differ from those estimates and such differences may be material to the interim Condensed Consolidated Financial Statements. These interim Condensed Consolidated Financial Statements and accompanying notes should be read in conjunction with the consolidated financial statements and notes thereto included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2023. Noncontrolling Interest The Company accounted for its investment in UNIS Document Solutions Co. Ltd. ("UDS"), under the purchase method of accounting, in accordance with Accounting Standards Codification ("ASC") 805, Business Combinations . UDS has been consolidated in the Company's financial statements from the date of acquisition. Noncontrolling interest, which represents the 35% noncontrolling interest in UDS owned by the joint venture ("JV") partner, is reflected on the Company's Condensed Consolidated Financial Statements. Revenue Recognition Revenue is recognized when control of the promised goods or services is transferred to ARC's customers, in an amount that reflects the consideration it expects to be entitled to in exchange for those goods or services. Net sales of the Company’s principal services and products were as follows: Three Months Ended Nine Months Ended 2024 2023 2024 2023 Service Sales Digital Printing $ 46,636 $ 43,537 $ 136,127 $ 129,134 MPS (1) 18,315 18,582 55,627 56,556 Scanning and Digital Imaging 5,354 4,991 16,676 14,845 Total services sales $ 70,305 $ 67,110 $ 208,430 $ 200,535 Equipment and Supplies Sales 4,143 3,947 11,924 11,790 Total net sales $ 74,448 $ 71,057 $ 220,354 $ 212,325 (1) MPS includes $16.8 million of rental income and $1.5 million of service income for the three months ended September 30, 2024 and $51.0 million of rental income and $4.6 million of service income for the nine months ended September 30, 2024. MPS includes $17.0 million of rental income and $1.6 million of service income for the three months ended September 30, 2023 and $52.0 million of rental income and $4.6 million of service income for the nine months ended September 30, 2023. Digital Printing consists of professional services and software services to (i) reproduce and distribute large-format and small-format documents in either black and white or color (“Ordered Prints”) and (ii) specialized graphic color printing. Substantially all of the Company’s revenue from Digital Printing comes from professional services to reproduce Ordered Prints. Sales of Ordered Prints are initiated through a customer order or quote and are governed by established terms and conditions agreed upon at the onset of the customer relationship. Revenue is recognized when the performance obligation under the terms of a contract with a customer are satisfied, which generally occurs with the transfer of control of the Ordered Prints. Transfer of control occurs at a specific point in time, when the Ordered Prints are delivered to the customer’s site or handed to the customer for walk-in orders. Revenue is measured as the amount of consideration the Company expects to receive in exchange for transferring goods or providing services. Taxes collected concurrent with revenue-producing activities are excluded from revenue. MPS consists of placement, management, and optimization of print and imaging equipment in customers' offices, job sites, and other facilities. MPS relieves the Company’s customers of the burden of purchasing print equipment and related supplies and maintaining print devices and print networks, and it shifts their costs to a “per-use” basis. MPS is supported by the Company's hosted proprietary technology, Abacus ® , which allows customers to capture, control, manage, print, and account for their documents. Under its MPS contracts, the Company is paid a fixed rate per unit for each print produced (per-use), often referred to as a “click charge”. MPS sales are driven by the ongoing print needs of the Company’s customers at their facilities. Certain MPS arrangements are accounted for as operating leases under ASC 842, Leases . Scanning and Digital Imaging combines software and professional services to facilitate the capture, management, access and retrieval of documents and information that have been produced in the past. Scanning and Digital Imaging includes the Company's hosted SKYSITE ® software and ARC Facilities solution to organize, search and retrieve documents, as well as the provision of services that include the capture and conversion of hardcopy and electronic documents into digital files (“Scanned Documents”), and their cloud-based storage and maintenance. Sales of Scanning and Digital Imaging professional services, which represent substantially all revenue for the business line, are initiated through a customer order or proposal and are governed by established terms and conditions agreed upon at the onset of the customer relationship. Revenue is recognized when the performance obligation under the terms of a contract with a customer are satisfied; generally, this occurs with the transfer of control of the digital files. Transfer of control occurs at a specific point-in-time, when the Scanned Documents are delivered to the customer either through SKYSITE, ARC Facilities, or through other electronic media. Revenue is measured as the amount of consideration the Company expects to receive in exchange for transferring goods or providing services. Taxes collected concurrent with revenue-producing activities are excluded from revenue. Equipment and Supplies sales consist of reselling printing, imaging, and related equipment (“Goods”) to customers primarily in architectural, engineering and construction firms. Sales of Equipment and Supplies are initiated through a customer order and are governed by established terms and conditions agreed upon at the onset of the customer relationship. Revenue is recognized when the performance obligations under the terms of a contract with a customer are satisfied; generally, this occurs with the transfer of control of the Goods. Transfer of control occurs at a specific point-in-time, when the Goods are delivered to the customer’s site. Revenue is measured as the amount of consideration the Company expects to receive in exchange for transferring goods or providing services. Taxes collected concurrent with revenue-producing activities are excluded from revenue. The Company has experienced minimal customer returns or refunds and does not offer a warranty on equipment that it is reselling. Recent Accounting Pronouncements Not Yet Adopted In December 2023, the FASB issued ASU 2023-09, “Income Taxes (Topic 740): Improvements to Income Tax Disclosures,” which requires public entities to disclose specific tax rate reconciliation categories, as well as income taxes paid disaggregated by jurisdiction, amongst other disclosure enhancements. The ASU is effective for financial statements issued for annual periods beginning after December 15, 2024, with early adoption permitted. The ASU can be adopted on a prospective or retrospective basis. The Company is evaluating the disclosure requirements related to the new standard. In November 2023, the FASB issued ASU 2023-07, “Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures,” which updates reportable segment disclosure requirements, primarily through enhanced disclosures about significant segment expenses and information used to assess segment performance. The guidance is effective for fiscal years beginning after December 15, 2023, and interim periods within fiscal years beginning after December 15, 2024. Retrospective adoption is required for all prior periods presented in the financial statements. The Company is evaluating the disclosure requirements related to the new standard but does not expect it to have a material impact on its consolidated financials or disclosures. Segment Reporting The provisions of ASC 280, Segment Reporting , require public companies to report financial and descriptive information about their reportable operating segments. The Company identifies operating segments based on the various business activities that earn revenue and incur expense and whose operating results are reviewed by the Company's Chief Executive Officer, who is the Company's chief operating decision maker. Because its operating segments have similar products and services, classes of customers, production processes, distribution methods and economic characteristics, the Company operates as a single reportable segment. Risk and Uncertainties The Company generates a significant portion of its revenue from sales of services and products to customers in the architectural, engineering, construction and building owner/operator ("AEC/O") industry. As a result, the Company's results largely depend on the strength of that industry. The Company's historical operating results reflect the cyclical and variable nature of the AEC/O industry. ARC believes that the AEC/O industry generally experiences downturns several months after a downturn in the general economy, and that there may be a similar delay in the recovery of the AEC/O industry following a recovery of the general economy. A downturn in the AEC/O industry would diminish demand for all of the Company's products and services, and would therefore negatively affect the Company's revenues and have a material adverse effect on the Company's business, operating results and financial condition. As part of the Company’s growth strategy, ARC intends to continue to offer and grow a variety of service offerings that are relatively new to the company. The success of the Company's efforts will be affected by its ability to acquire new customers for the Company's new service offerings as well as sell the new service offerings to existing customers. The Company’s inability to successfully market and execute these relatively new service offerings could significantly affect its business and reduce its long- term revenue, resulting in an adverse effect on its results of operations and financial condition.

Earnings per Share

Earnings per Share	9 Months Ended
Earnings per Share	Sep. 30, 2024
Earnings Per Share [Abstract]
Earnings per Share	Earnings per Share The Company accounts for earnings per share in accordance with ASC 260, Earnings Per Share. Basic earnings per share is computed by dividing net income attributable to ARC by the weighted-average number of shares of common stock outstanding for the period. Diluted earnings per common share is computed similarly to basic earnings per share except that the denominator is increased to include the number of additional shares of common stock that would have been outstanding if shares subject to outstanding options and acquisition rights had been issued and if the additional shares were dilutive. Common share equivalents are excluded from the computation if their effect is anti-dilutive. For the three and nine months ended September 30, 2024, 4.3 million and 4.8 million shares of common stock, respectively, were excluded from the calculation of diluted net income attributable to ARC per common share, because they were anti-dilutive. For the three and nine months ended September 30, 2023, 4.0 million and 4.2 million shares of common stock, respectively, were excluded from the calculation of diluted net income attributable to ARC per common share, because they were anti-dilutive. The Company's common share equivalents consist of stock options issued under the Company's equity incentive plan. Basic and diluted weighted average common shares outstanding were calculated as follows for the three and nine months ended September 30, 2024 and 2023: Three Months Ended Nine Months Ended 2024 2023 2024 2023 Weighted average common shares outstanding during the period—basic 42,529 42,554 42,355 42,634 Effect of dilutive stock awards 911 962 837 990 Weighted average common shares outstanding during the period—diluted 43,440 43,516 43,192 43,624

Goodwill and Other Intangibles

Goodwill and Other Intangibles	9 Months Ended
Goodwill and Other Intangibles	Sep. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Other Intangibles	Goodwill and Other Intangibles Goodwill In accordance with ASC 350, Intangibles - Goodwill and Other , the Company assesses goodwill for impairment annually as of September 30, and more frequently if events and circumstances indicate that goodwill might be impaired. At September 30, 2024, the Company performed its annual assessment and determined that goodwill was not impaired. Goodwill impairment testing is performed at the reporting unit level. Goodwill is assigned to reporting units at the date the goodwill is initially recorded. Once goodwill has been assigned to reporting units, it no longer retains its association with a particular acquisition, and all of the activities within a reporting unit, whether acquired or internally generated, are available to support the value of the goodwill. There can be no assurance that the estimates and assumptions made for purposes of the Company’s goodwill impairment analysis in 2024 will prove to be accurate predictions of the future. If the Company’s assumptions, including forecasted EBITDA of certain reporting units, are not achieved, then the Company may be required to record goodwill impairment charges in future periods, whether in connection with the next annual impairment testing in the third quarter of 2025, or on an interim basis, if any such change constitutes a triggering event (as defined under ASC 350, Intangibles-Goodwill and Other ) outside of the quarter when the Company regularly performs its annual goodwill impairment test. It is not possible at this time to determine if any such future impairment charge would result or, if it does, whether such charge would be material. There was no change in the carrying amount of goodwill from January 1, 2023 through September 30, 2024. See “Critical Accounting Policies and Significant Judgements and Estimates" in Management’s Discussion and Analysis of Financial Condition and Results of Operations in our Annual Report on Form 10-K for the year ended December 31, 2023 for further information regarding the process and assumptions used in the goodwill impairment analysis. Long-lived and Other Intangible Assets The Company periodically assesses potential impairments of its long-lived assets in accordance with the provisions of ASC 360, Accounting for the Impairment or Disposal of Long-lived Assets . An impairment review is performed whenever events or changes in circumstances indicate that the carrying value of the assets may not be recoverable. The Company groups its assets at the lowest level for which identifiable cash flows are largely independent of the cash flows of the other assets and liabilities. The Company has determined that the lowest level for which identifiable cash flows are available is the regional level, which is the operating segment level. Factors considered by the Company include, but are not limited to, significant underperformance relative to historical or projected operating results; significant changes in the manner of use of the acquired assets or the strategy for the overall business; and significant negative industry or economic trends. When the carrying value of a long-lived asset may not be recoverable based upon the existence of one or more of the above indicators of impairment, the Company estimates the future undiscounted cash flows expected to result from the use of the asset and its eventual disposition. If the sum of the expected future undiscounted cash flows and eventual disposition is less than the carrying amount of the asset, the Company recognizes an impairment loss. An impairment loss is reflected as the amount by which the carrying amount of the asset exceeds the fair value of the asset, based on the fair value if available, or discounted cash flows, if fair value is not available. The Company assessed potential impairments of its long-lived assets as of September 30, 2024 and concluded that there was no impairment. Other intangible assets that have finite lives are amortized over their useful lives. Customer relationships are amortized using the accelerated method, based on customer attrition rates, over their estimated useful lives of 13 (weighted average) years. The following table sets forth the Company’s other intangible assets resulting from business acquisitions as of September 30, 2024 and December 31, 2023 which continue to be amortized: September 30, 2024 December 31, 2023 Gross Accumulated Net Gross Accumulated Net Amortizable other intangible assets Customer relationships $ 99,179 $ 99,176 $ 3 $ 99,185 $ 99,178 $ 7 Trade names and trademarks 20,269 20,138 131 20,262 20,107 155 $ 119,448 $ 119,314 $ 134 $ 119,447 $ 119,285 $ 162 Estimated future amortization expense of other intangible assets for the remainder of the 2024 fiscal year, and each of the subsequent four fiscal years and thereafter, are as follows: 2024 (excluding the nine months ended September 30, 2024) $ 10 2025 35 2026 34 2027 34 2028 21 $ 134

Income Taxes

Income Taxes	9 Months Ended
Income Taxes	Sep. 30, 2024
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes On a quarterly basis, the Company estimates its effective tax rate for the full fiscal year and records a quarterly income tax provision based on the anticipated annual effective rate and the recognition of any discrete items within the quarter. The Company recorded an income tax provision of $1.3 million and $4.0 million, respectively in relation to pretax income of $1.2 million and $9.4 million, respectively, for the three and nine months ended September 30, 2024, which resulted in an effective income tax rate of 108.6% and 42.4%, respectively, primarily impacted by state taxes, non-deductible compensation, certain stock-based compensation, certain non-deductible costs incurred with the transaction contemplated by the Merger Agreement and other non-deductible expenses, and U.S. taxes on foreign income. The Company recorded an income tax provision of $1.4 million and $4.3 million, respectively in relation to pretax income of $4.5 million and $13.2 million, respectively, for the three and nine months ended September 30, 2023, which resulted in an effective income tax rate of 30.5% and 32.3%, respectively, primarily impacted by state taxes, non-deductible compensation, certain stock-based compensation and other non-deductible expenses. In accordance with ASC 740-10, Income Taxes , the Company evaluates the need for deferred tax asset valuation allowances based on a more likely than not standard. The ability to realize deferred tax assets depends on the ability to generate sufficient taxable income within the carryforward periods provided for in the tax law for each applicable tax jurisdiction. The Company considers the following possible sources of taxable income when assessing the realization of deferred tax assets: • Future reversals of existing taxable temporary differences; • Future taxable income exclusive of reversing temporary differences and carryforwards; and • Tax-planning strategies. The assessment regarding whether a valuation allowance is required or should be adjusted also considers all available positive and negative evidence factors, including but not limited to: • Nature, frequency, and severity of recent losses; • Duration of statutory carryforward periods; • Historical experience with tax attributes expiring unused; and • Near- and medium-term financial outlook. The Company utilizes a rolling three years of actual and current year anticipated results as the primary measure of cumulative income/losses in recent years, as adjusted for permanent differences. The evaluation of deferred tax assets requires judgment in assessing the likely future tax consequences of events that have been recognized in the Company's financial statements or tax returns and future profitability. The Company's accounting for deferred tax consequences represents its best estimate of those future events. Changes in the Company's current estimates, due to unanticipated events, could have a material effect on its financial condition and results of operations. The Company has a $1.2 million valuation allowance against certain deferred tax assets as of September 30, 2024.

Long-Term Debt

Long-Term Debt	9 Months Ended
Long-Term Debt	Sep. 30, 2024
Debt Disclosure [Abstract]
Long-Term Debt	Long-Term Debt Long-term debt consists of the following: September 30, 2024 December 31, 2023 Revolving Loans; 6.3% and 6.8% interest rate at September 30, 2024 and December 31, 2023, respectively $ 40,000 $ 40,000 Various finance leases; weighted average interest rate of 5.9% and 5.5% at September 30, 2024 and December 31, 2023, respectively; principal and interest payable monthly through November 2029 19,148 22,236 59,148 62,236 Less current portion (6,976) (8,870) $ 52,172 $ 53,366 Credit Agreement On June 15, 2023, the Company entered into an amendment (the "Amendment") to its Credit Agreement dated as of April 22, 2021 (the "2021 Credit Agreement") with U.S. Bank National Association, as administrative agent and the lenders part thereto. The Amendment, among other things, modifies certain terms of the 2021 Credit Agreement to replace the relevant benchmark provisions from the London Interbank Offered Rate to the forward-looking term rate based on the Secured Overnight Financing Rate ("SOFR"). The Amendment also modifies certain terms of the 2021 Credit Agreement relating to the payment of dividends and stock repurchases by the Company and the related component calculations included in the fixed charge coverage ratio that the Company is required to maintain. After giving effect to the Amendment, the Company is permitted to repurchase up to $10 million of its stock in any twelve-month period and all such permitted stock repurchases will be excluded from the calculation of the fixed charge coverage ratio. In addition, the Company is permitted to make other restricted payments that are not stock repurchases, such as the payment of dividends, of up to $12 million made during any twelve-month period which will be excluded from the calculation of the fixed charge coverage ratio. The making of stock repurchases and the payment of dividends and other restricted payments is subject, in each case, to pro forma compliance with the financial covenants and other customary conditions set forth in the 2021 Credit Agreement. The 2021 Credit Agreement provides for the extension of revolving loans in an aggregate principal amount not to exceed $70 million and replaces the Credit Agreement dated as of November 20, 2014, as amended (the "2014 Credit Agreement"). The obligation under the 2021 Credit Agreement matures on April 22, 2026. As of September 30, 2024, the Company's borrowing availability under the revolving loan commitment was $27.8 million, after deducting outstanding letters of credit of $2.2 million and outstanding revolving loans of $40.0 million. Loans borrowed under the 2021 Credit Agreement bear interest, in the case of Term SOFR loans (as such terms is defined in the 2021 Credit Agreement), at a per annum rate equal to the applicable Term SOFR (which rate shall not be less than zero), plus a margin ranging from 1.25% to 1.75%, based on the Company’s Total Leverage Ratio (as defined in the 2021 Credit Agreement). Loans borrowed under the 2021 Credit Agreement that are not Term SOFR loans bear interest at a per annum rate equal to the Alternate Base Rate (as such terms is defined in the 2021 Credit Agreement) plus a margin ranging from 0.25% to 0.75%, based on the Company’s Total Leverage Ratio. As of September 30, 2024, one month Term SOFR loans borrowed under the 2021 Credit Agreement accrued interest at 6.3%. The Company pays certain recurring fees with respect to the 2021 Credit Agreement, including administration fees to the administrative agent. Subject to certain exceptions, including, in certain circumstances, reinvestment rights, the loans extended under the Credit Agreement are subject to customary mandatory prepayment provisions with respect to: the net proceeds from certain asset sales; the net proceeds from certain issuances or incurrences of debt (other than debt permitted to be incurred under the terms of the 2021 Credit Agreement); the net proceeds from certain issuances of equity securities; and net proceeds of certain insurance recoveries and condemnation events of the Company. The 2021 Credit Agreement contains customary representations and warranties, subject to limitations and exceptions, and customary covenants restricting the ability (subject to various exceptions) of the Company and its subsidiaries to: incur additional indebtedness (including guarantee obligations); incur liens; sell certain property or assets; engage in mergers or other fundamental changes; consummate acquisitions; make investments; make certain distributions or repurchase equity interest of the Company or its subsidiaries; change the nature of their business; prepay or amend certain indebtedness; engage in certain transactions with affiliates; amend their organizational documents; or enter into certain restrictive agreements. In addition, the 2021 Credit Agreement contains financial covenants which requires the Company to maintain (i) at all times, a Total Leverage Ratio in an amount not to exceed 2.75 to 1.00; and (ii) a Fixed Charge Coverage Ratio (as defined in the 2021 Credit Agreement), as of the last day of each fiscal quarter, an amount not less than 1.15 to 1.00. ARC was in compliance with the covenants under the 2021 Credit Agreement as of September 30, 2024. The 2021 Credit Agreement allows for payment of dividends. In July 2024, the Company's board of directors declared a quarterly cash dividend of $0.05 per share that is payable on November 29, 2024 to stockholders of record as of October 31, 2024. Accordingly, the Company recorded a dividend payable of $2.1 million within accrued expenses as of September 30, 2024. The 2021 Credit Agreement contains customary events of default, including with respect to: nonpayment of principal, interest, fees or other amounts; failure to perform or observe covenants; material inaccuracy of a representation or warranty when made; cross-default to other material indebtedness; bankruptcy, insolvency and dissolution events; inability to pay debts; monetary judgment defaults; actual or asserted invalidity or impairment of any definitive loan documentation, repudiation of guaranties or subordination terms; certain ERISA related events; or a change of control. The obligations of the Company’s subsidiary that is the borrower under the 2021 Credit Agreement are guaranteed by the Company and each of the Company's other United States subsidiaries. The 2021 Credit Agreement and any interest rate protection and other hedging arrangements provided by any lender party to the credit facility or any affiliate of such a lender are secured on a first priority basis by a perfected security interest in substantially all of the borrower’s, the Company’s and each guarantor’s assets (subject to certain exceptions). As part of the transactions contemplated by the Merger Agreement, the Company is obligated to obtain and facilitate the negotiation of a payoff letter the 2021 Credit Agreement pursuant to which lenders under the 2021 Credit Agreement acknowledged that upon receipt of the payoff amount, (1) all obligations of the Company with respect to any indebtedness outstanding under the 2021 Credit Agreement shall be paid in full and (2) with respect to the 2021 Credit Agreement, all liens securing such indebtedness shall be released and (B) with respect to the 2021 Credit Agreement, covenanted to file, or shall have granted to Company, Parent or their representatives or designees the right to file, releases or discharges of liens securing such indebtedness under the 2021 Credit Agreement, simultaneously with or following the closing of the transactions contemplated by the Merger Agreement and after repayment of such indebtedness. The Company has also agreed to assist Parent in obtaining at or prior to the closing of the Merger, an incremental term loan facility of $185.0 million, consisting of a $60.0 million revolving credit facility ($35.0 million of which is permitted to be drawn at closing), and a $125.0 million term loan facility (all of which may be used in connection with the Merger), subject to certain customary conditions.

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
Commitments and Contingencies	Sep. 30, 2024
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Operating Leases. The Company leases machinery, equipment, and office and operational facilities under non-cancelable operating lease agreements used in the ordinary course of business. Certain lease agreements for the Company's facilities generally contain renewal options and provide for annual increases in rent based on the local Consumer Price Index. Refer to Note 7, Leasing, on the Company's Annual Report on Form 10-K for the year ended December 31, 2023 for a schedule of the Company's future minimum operating lease payments. Legal Proceedings. The Company is involved, and will continue to be involved, in legal proceedings arising out of the conduct of the Company's business, including commercial and employment-related lawsuits. Some of these lawsuits purport or may be determined to be class actions and seek substantial damages, and some may remain unresolved for several years. The Company establishes accruals for specific legal proceedings when it is considered probable that a loss has been incurred and the amount of the loss can be reasonably estimated. The Company's evaluation of whether a loss is reasonably probable is based on the Company's assessment and consultation with legal counsel regarding the ultimate outcome of the matter. As of September 30, 2024, the Company has accrued for the potential impact of loss contingencies that are probable and reasonably estimable. The Company does not currently believe that the ultimate resolution of any of these matters will have a material adverse effect on its results of operations, financial condition, or cash flows. However, the results of these matters cannot be predicted with certainty, and an unfavorable resolution of one or more of these matters could have a material adverse effect on the Company's results of operations, financial condition, or cash flows. Site Remediation Obligation. As part of a business acquisition in the 1990s, the Company purchased a site located in California where a commercial gas station had operated from 1939 until approximately 1986. Prior to the Company's acquisition, the gas station was demolished and its underground storage tanks were removed. Environmental monitoring of the property was conducted from 1987 through 2017 under the oversight of the local County's Department of Environmental Health ("CDEH") and it eventually revealed petroleum products in the soil, groundwater, and the air in between soil particles. As a result, a Corrective Action Implementation Plan ("CAIP") detailing remedial clean-up methods at the site was required to be submitted in 2020. Accordingly, the Company recorded a liability on an undiscounted basis of $0.6 million in 2020, the estimated cost, to remediate the site. The 2020 CAIP was approved by the CDEH, but based on additional site data, the department requested a submission of addenda to the CAIP to address other site conditions. The additional review conducted in the fourth quarter of 2023 identified certain potential risks arising out of a structure on a neighboring property. As a result, in December of 2023, the CDEH requested that an alternative remedial plan be developed and submitted, to address the structural aspects of the site. The additional concerns identified in 2023 required that the new plan be designed in a way that is significantly more expensive than the original plan, is more complicated, and will result in a longer duration to remediate the site. The Company is in the process of finalizing an alternative plan with the guidance and expertise of an environmental consulting firm engaged expressly for this purpose, which will need to be approved by the CDEH. The Company's Condensed Consolidated Balance Sheets include a liability on an undiscounted basis for the site remediation of $4.3 million and $4.5 million as of September 30, 2024 and December 31, 2023, respectively of which $2.0 million and $2.2 million, respectively, is classified as a current liability. As of September 30, 2024, the liability represents the Company's estimate of the probable cleanup, investigation, and remediation costs based on available information. The Company anticipates that most of this liability will be paid out over seven years, but some costs may be paid out over a longer period. As noted above, the estimate of the final remediation expenses may change over time because of the varying costs of currently available cleanup techniques, unpredictable contaminant reduction rates associated with available cleanup techniques, and the difficulty of determining in advance the nature and full extent of contamination. However, evolving statutory and regulatory standards, their interpretation, more vigorous enforcement policies of regulatory agencies, or stricter or different interpretations of existing statutory and regulatory standards, may require additional expenditures by the Company, which may be material. Accordingly, there can be no assurance that the Company will not incur significant additional environmental compliance costs in the future.

Stock-Based Compensation

Stock-Based Compensation	9 Months Ended
Stock-Based Compensation	Sep. 30, 2024
Share-Based Payment Arrangement [Abstract]
Stock-Based Compensation	Stock-Based Compensation On April 29, 2021, the Company's stockholders approved the Company's 2021 Incentive Plan, replacing the 2014 Stock Incentive Plan, as amended, which is the only equity incentive plan under which the Company can currently grant equity incentive awards. The 2021 Incentive Plan provides for the grant of incentive and non-statutory stock options, stock appreciation rights, restricted stock, restricted stock units, stock bonuses and other forms of awards granted or denominated in the Company's common stock or units of the Company's common stock, as well as cash bonus awards, to employees, directors and consultants of the Company. On April 26, 2023, the Company's stockholders approved an amendment to the 2021 Incentive Plan ("Amended 2021 Plan") to increase the aggregate number of equity incentive shares authorized for issuance by 5,000,000 shares of common stock. Under the Amended 2021 Plan, the Company is authorized to issue up to 8.5 million shares plus such additional number of shares of common stock (up to 6,132,593 shares) as is equal to the number of shares of common stock subject to awards granted under the 2014 Incentive Plan and the Company's 2005 Stock Plan, which awards expire, terminate or are otherwise surrendered, cancelled, forfeited or repurchased by the Company pursuant to a contractual repurchase right. As of September 30, 2024, 4.2 million shares remained available for issuance under the 2021 Incentive Plan. Stock options granted under the Company's stock plan generally expire no later than ten years from the date of grant. Options generally vest and become fully exercisable over a period of three During the nine months ended September 30, 2024, the Company granted options to acquire a total of 0.8 million shares of the Company's common stock to certain key employees with an exercise price equal to the fair market value of the Company’s common stock on the date of grant. These stock options vest annually over three years to four years from the grant date and expire ten years after the date of grant. During the nine months ended September 30, 2024, the Company granted 0.4 million shares of restricted stock awards to certain key employees with a deemed issuance price per share equal to the closing price of the Company's common stock on the date the restricted stock was granted. These restricted stock awards vest annually over three years from the grant date. In addition, the Company granted approximately 36 thousand shares of restricted stock awards to each of the Company's four non-employee members of its board advisors or board of directors, with a deemed issuance price per share equal to the closing price of the Company's common stock on the date the restricted stock was granted. These restricted stock vests on the one-year anniversary of the grant date. Stock-based compensation expense was $0.6 million and $1.9 million for the three and nine months ended September 30, 2024, respectively, compared to stock-based compensation expense of $0.6 million and $1.6 million for the three and nine months ended September 30, 2023, respectively. As of September 30, 2024, total unrecognized compensation cost related to unvested stock-based payments totaled $3.0 million and is expected to be recognized over a weighted-average period of approximately 1.9 years.

Fair Value Measurements

Fair Value Measurements	9 Months Ended
Fair Value Measurements	Sep. 30, 2024
Fair Value Disclosures [Abstract]
Fair Value Measurements	Fair Value Measurements In accordance with ASC 820, Fair Value Measurement , the Company has categorized its assets and liabilities that are measured at fair value into a three-level fair value hierarchy. If the inputs used to measure fair value fall within different levels of the hierarchy, the categorization is based on the lowest level input that is significant to the fair value measurement. The three levels of the hierarchy are defined as follows: Level 1 inputs to the valuation methodology are quoted prices (unadjusted) for identical assets or liabilities in active markets. Level 2 inputs to the valuation methodology include quoted prices for similar assets and liabilities in active markets, and inputs that are observable for the asset or liability, either directly or indirectly, for substantially the full term of the financial instrument. Level 3 inputs to the valuation methodology are unobservable and significant to the fair value measurement. As of September 30, 2024, the Company's assets and liabilities that are measured at fair value were not material. Fair Values of Financial Instruments. The following methods and assumptions were used by the Company in estimating the fair value of its financial instruments for disclosure purposes: Cash equivalents: Cash equivalents are time deposits with a maturity of three months or less when purchased, which are highly liquid and readily convertible to cash. There were no cash equivalents reported in the Company’s interim Condensed Consolidated Balance Sheet as of September 30, 2024. Cash equivalents reported in the Company's interim Condensed Consolidated Balance Sheet were $1.2 million as of December 31, 2023 and are carried at cost and approximate fair value due to the relatively short period to maturity of these instruments. Short- and long-term debt and finance leases: The carrying amount of the Company's finance leases reported in the Condensed Consolidated Balance Sheet as of September 30, 2024 approximates fair value based on the Company's current incremental borrowing rate for similar types of borrowing arrangements. The carrying amount reported in the Company’s interim Condensed Consolidated Balance Sheet as of September 30, 2024 for borrowings under its 2021 Credit Agreement is $40.0 million. The Company has determined, that borrowings under its 2021 Credit Agreement of $40.0 million as of September 30, 2024 approximates its fair value.

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
Pay vs Performance Disclosure - USD ($) $ in Thousands	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Pay vs Performance Disclosure
Net Income (Loss)	$ (65)	$ 3,165	$ 5,547	$ 9,123

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
Insider Trading Arrangements	Sep. 30, 2024
Trading Arrangements, by Individual
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false

Description of Business and B_2

Description of Business and Basis of Presentation (Policies)	9 Months Ended
	Sep. 30, 2024
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The accompanying interim Condensed Consolidated Financial Statements are prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) for interim financial information and in conformity with the requirements of the U.S. Securities and Exchange Commission ("SEC"). As permitted under those rules, certain footnotes or other financial information required by GAAP for complete financial statements have been condensed or omitted. In management’s opinion, the accompanying interim Condensed Consolidated Financial Statements reflect all adjustments of a normal and recurring nature that are necessary to fairly present the interim Condensed Consolidated Financial Statements. All intercompany accounts and transactions have been eliminated in consolidation. The operating results for the three and nine months ended September 30, 2024 are not necessarily indicative of the results that may be expected for the year ending December 31, 2024. The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported in the interim Condensed Consolidated Financial Statements and accompanying notes. The Company evaluates its estimates and assumptions on an ongoing basis and relies on historical experience and various other factors that it believes to be reasonable under the circumstances to determine such estimates. Actual results could differ from those estimates and such differences may be material to the interim Condensed Consolidated Financial Statements. These interim Condensed Consolidated Financial Statements and accompanying notes should be read in conjunction with the consolidated financial statements and notes thereto included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2023.
Noncontrolling Interest	Noncontrolling Interest The Company accounted for its investment in UNIS Document Solutions Co. Ltd. ("UDS"), under the purchase method of accounting, in accordance with Accounting Standards Codification ("ASC") 805, Business Combinations
Revenue Recognition	Revenue Recognition Digital Printing consists of professional services and software services to (i) reproduce and distribute large-format and small-format documents in either black and white or color (“Ordered Prints”) and (ii) specialized graphic color printing. Substantially all of the Company’s revenue from Digital Printing comes from professional services to reproduce Ordered Prints. Sales of Ordered Prints are initiated through a customer order or quote and are governed by established terms and conditions agreed upon at the onset of the customer relationship. Revenue is recognized when the performance obligation under the terms of a contract with a customer are satisfied, which generally occurs with the transfer of control of the Ordered Prints. Transfer of control occurs at a specific point in time, when the Ordered Prints are delivered to the customer’s site or handed to the customer for walk-in orders. Revenue is measured as the amount of consideration the Company expects to receive in exchange for transferring goods or providing services. Taxes collected concurrent with revenue-producing activities are excluded from revenue. MPS consists of placement, management, and optimization of print and imaging equipment in customers' offices, job sites, and other facilities. MPS relieves the Company’s customers of the burden of purchasing print equipment and related supplies and maintaining print devices and print networks, and it shifts their costs to a “per-use” basis. MPS is supported by the Company's hosted proprietary technology, Abacus ® , which allows customers to capture, control, manage, print, and account for their documents. Under its MPS contracts, the Company is paid a fixed rate per unit for each print produced (per-use), often referred to as a “click charge”. MPS sales are driven by the ongoing print needs of the Company’s customers at their facilities. Certain MPS arrangements are accounted for as operating leases under ASC 842, Leases . Scanning and Digital Imaging combines software and professional services to facilitate the capture, management, access and retrieval of documents and information that have been produced in the past. Scanning and Digital Imaging includes the Company's hosted SKYSITE ® software and ARC Facilities solution to organize, search and retrieve documents, as well as the provision of services that include the capture and conversion of hardcopy and electronic documents into digital files (“Scanned Documents”), and their cloud-based storage and maintenance. Sales of Scanning and Digital Imaging professional services, which represent substantially all revenue for the business line, are initiated through a customer order or proposal and are governed by established terms and conditions agreed upon at the onset of the customer relationship. Revenue is recognized when the performance obligation under the terms of a contract with a customer are satisfied; generally, this occurs with the transfer of control of the digital files. Transfer of control occurs at a specific point-in-time, when the Scanned Documents are delivered to the customer either through SKYSITE, ARC Facilities, or through other electronic media. Revenue is measured as the amount of consideration the Company expects to receive in exchange for transferring goods or providing services. Taxes collected concurrent with revenue-producing activities are excluded from revenue. Equipment and Supplies sales consist of reselling printing, imaging, and related equipment (“Goods”) to customers primarily in architectural, engineering and construction firms. Sales of Equipment and Supplies are initiated through a customer order and are governed by established terms and conditions agreed upon at the onset of the customer relationship. Revenue is recognized when the performance obligations under the terms of a contract with a customer are satisfied; generally, this occurs with the transfer of control of the Goods. Transfer of control occurs at a specific point-in-time, when the Goods are delivered to the customer’s site. Revenue is measured as the amount of consideration the Company expects to receive in exchange for transferring goods or providing services. Taxes collected concurrent with revenue-producing activities are excluded from revenue. The Company has experienced minimal customer returns or refunds and does not offer a warranty on equipment that it is reselling.
Recent Accounting Pronouncements Not Yet Adopted	Recent Accounting Pronouncements Not Yet Adopted In December 2023, the FASB issued ASU 2023-09, “Income Taxes (Topic 740): Improvements to Income Tax Disclosures,” which requires public entities to disclose specific tax rate reconciliation categories, as well as income taxes paid disaggregated by jurisdiction, amongst other disclosure enhancements. The ASU is effective for financial statements issued for annual periods beginning after December 15, 2024, with early adoption permitted. The ASU can be adopted on a prospective or retrospective basis. The Company is evaluating the disclosure requirements related to the new standard. In November 2023, the FASB issued ASU 2023-07, “Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures,” which updates reportable segment disclosure requirements, primarily through enhanced disclosures about significant segment expenses and information used to assess segment performance. The guidance is effective for fiscal years beginning after December 15, 2023, and interim periods within fiscal years beginning after December 15, 2024. Retrospective adoption is required for all prior periods presented in the financial statements. The Company is evaluating the disclosure requirements related to the new standard but does not expect it to have a material impact on its consolidated financials or disclosures.
Segment Reporting	Segment Reporting The provisions of ASC 280, Segment Reporting , require public companies to report financial and descriptive information about their reportable operating segments. The Company identifies operating segments based on the various business activities that earn revenue and incur expense and whose operating results are reviewed by the Company's Chief Executive Officer, who is the Company's chief operating decision maker. Because its operating segments have similar products and services, classes of customers, production processes, distribution methods and economic characteristics, the Company operates as a single reportable segment.
Risk and Uncertainties	Risk and Uncertainties The Company generates a significant portion of its revenue from sales of services and products to customers in the architectural, engineering, construction and building owner/operator ("AEC/O") industry. As a result, the Company's results largely depend on the strength of that industry. The Company's historical operating results reflect the cyclical and variable nature of the AEC/O industry. ARC believes that the AEC/O industry generally experiences downturns several months after a downturn in the general economy, and that there may be a similar delay in the recovery of the AEC/O industry following a recovery of the general economy. A downturn in the AEC/O industry would diminish demand for all of the Company's products and services, and would therefore negatively affect the Company's revenues and have a material adverse effect on the Company's business, operating results and financial condition. As part of the Company’s growth strategy, ARC intends to continue to offer and grow a variety of service offerings that are relatively new to the company. The success of the Company's efforts will be affected by its ability to acquire new customers for the Company's new service offerings as well as sell the new service offerings to existing customers. The Company’s inability to successfully market and execute these relatively new service offerings could significantly affect its business and reduce its long- term revenue, resulting in an adverse effect on its results of operations and financial condition.
Earnings per Share	The Company accounts for earnings per share in accordance with ASC 260, Earnings Per Share.
Goodwill	Goodwill In accordance with ASC 350, Intangibles - Goodwill and Other , the Company assesses goodwill for impairment annually as of September 30, and more frequently if events and circumstances indicate that goodwill might be impaired. At September 30, 2024, the Company performed its annual assessment and determined that goodwill was not impaired. Goodwill impairment testing is performed at the reporting unit level. Goodwill is assigned to reporting units at the date the goodwill is initially recorded. Once goodwill has been assigned to reporting units, it no longer retains its association with a particular acquisition, and all of the activities within a reporting unit, whether acquired or internally generated, are available to support the value of the goodwill. There can be no assurance that the estimates and assumptions made for purposes of the Company’s goodwill impairment analysis in 2024 will prove to be accurate predictions of the future. If the Company’s assumptions, including forecasted EBITDA of certain reporting units, are not achieved, then the Company may be required to record goodwill impairment charges in future periods, whether in connection with the next annual impairment testing in the third quarter of 2025, or on an interim basis, if any such change constitutes a triggering event (as defined under ASC 350, Intangibles-Goodwill and Other
Long-Lived Assets	The Company periodically assesses potential impairments of its long-lived assets in accordance with the provisions of ASC 360, Accounting for the Impairment or Disposal of Long-lived Assets . An impairment review is performed whenever events or changes in circumstances indicate that the carrying value of the assets may not be recoverable. The Company groups its assets at the lowest level for which identifiable cash flows are largely independent of the cash flows of the other assets and liabilities. The Company has determined that the lowest level for which identifiable cash flows are available is the regional level, which is the operating segment level.
Other Intangible Assets	Other intangible assets that have finite lives are amortized over their useful lives. Customer relationships are amortized using the accelerated method, based on customer attrition rates, over their estimated useful lives of 13 (weighted average) years.
Fair Value Measurements	In accordance with ASC 820, Fair Value Measurement , the Company has categorized its assets and liabilities that are measured at fair value into a three-level fair value hierarchy. If the inputs used to measure fair value fall within different levels of the hierarchy, the categorization is based on the lowest level input that is significant to the fair value measurement. The three levels of the hierarchy are defined as follows: Level 1 inputs to the valuation methodology are quoted prices (unadjusted) for identical assets or liabilities in active markets. Level 2 inputs to the valuation methodology include quoted prices for similar assets and liabilities in active markets, and inputs that are observable for the asset or liability, either directly or indirectly, for substantially the full term of the financial instrument. Level 3 inputs to the valuation methodology are unobservable and significant to the fair value measurement.

Description of Business and B_3

Description of Business and Basis of Presentation (Tables)	9 Months Ended
Description of Business and Basis of Presentation (Tables)	Sep. 30, 2024
Accounting Policies [Abstract]
Schedule of Net Sales of Principal Services and Products	Net sales of the Company’s principal services and products were as follows: Three Months Ended Nine Months Ended 2024 2023 2024 2023 Service Sales Digital Printing $ 46,636 $ 43,537 $ 136,127 $ 129,134 MPS (1) 18,315 18,582 55,627 56,556 Scanning and Digital Imaging 5,354 4,991 16,676 14,845 Total services sales $ 70,305 $ 67,110 $ 208,430 $ 200,535 Equipment and Supplies Sales 4,143 3,947 11,924 11,790 Total net sales $ 74,448 $ 71,057 $ 220,354 $ 212,325 (1) MPS includes $16.8 million of rental income and $1.5 million of service income for the three months ended September 30, 2024 and $51.0 million of rental income and $4.6 million of service income for the nine months ended September 30, 2024. MPS includes $17.0 million of rental income and $1.6 million of service income for the three months ended September 30, 2023 and $52.0 million of rental income and $4.6 million of service income for the nine months ended September 30, 2023.

Earnings per Share (Tables)

Earnings per Share (Tables)	9 Months Ended
Earnings per Share (Tables)	Sep. 30, 2024
Earnings Per Share [Abstract]
Schedule of Basic and Diluted Weighted Average Common Shares Outstanding	Basic and diluted weighted average common shares outstanding were calculated as follows for the three and nine months ended September 30, 2024 and 2023: Three Months Ended Nine Months Ended 2024 2023 2024 2023 Weighted average common shares outstanding during the period—basic 42,529 42,554 42,355 42,634 Effect of dilutive stock awards 911 962 837 990 Weighted average common shares outstanding during the period—diluted 43,440 43,516 43,192 43,624

Goodwill and Other Intangibles

Goodwill and Other Intangibles (Tables)	9 Months Ended
Goodwill and Other Intangibles (Tables)	Sep. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Other Intangible Assets Resulting from Business Acquisitions	The following table sets forth the Company’s other intangible assets resulting from business acquisitions as of September 30, 2024 and December 31, 2023 which continue to be amortized: September 30, 2024 December 31, 2023 Gross Accumulated Net Gross Accumulated Net Amortizable other intangible assets Customer relationships $ 99,179 $ 99,176 $ 3 $ 99,185 $ 99,178 $ 7 Trade names and trademarks 20,269 20,138 131 20,262 20,107 155 $ 119,448 $ 119,314 $ 134 $ 119,447 $ 119,285 $ 162
Schedule of Estimated Future Amortization Expense of Other Intangible Assets	Estimated future amortization expense of other intangible assets for the remainder of the 2024 fiscal year, and each of the subsequent four fiscal years and thereafter, are as follows: 2024 (excluding the nine months ended September 30, 2024) $ 10 2025 35 2026 34 2027 34 2028 21 $ 134

Long-Term Debt (Tables)

Long-Term Debt (Tables)	9 Months Ended
Long-Term Debt (Tables)	Sep. 30, 2024
Debt Disclosure [Abstract]
Schedule of Long-Term Debt	Long-term debt consists of the following: September 30, 2024 December 31, 2023 Revolving Loans; 6.3% and 6.8% interest rate at September 30, 2024 and December 31, 2023, respectively $ 40,000 $ 40,000 Various finance leases; weighted average interest rate of 5.9% and 5.5% at September 30, 2024 and December 31, 2023, respectively; principal and interest payable monthly through November 2029 19,148 22,236 59,148 62,236 Less current portion (6,976) (8,870) $ 52,172 $ 53,366

Description of Business and B_4

Description of Business and Basis of Presentation - Narrative (Details) - USD ($)	Aug. 27, 2024	Sep. 30, 2024	Dec. 31, 2023
Noncontrolling Interest [Line Items]
Common stock, par value (in usd per share)		$ 0.001	$ 0.001
Merger agreement consideration transferred (in dollars per share)	$ 3.40
Merger termination fee	$ 5,277,367
UDS
Noncontrolling Interest [Line Items]
Noncontrolling interest, ownership percentage by noncontrolling owners		35%

Description of Business and B_5

Description of Business and Basis of Presentation - Schedule of Net Sales by Principal Services and Products (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Segment Reporting Information [Line Items]
Total net sales	$ 74,448	$ 71,057	$ 220,354	$ 212,325
Service Sales
Segment Reporting Information [Line Items]
Total net sales	70,305	67,110	208,430	200,535
Digital Printing
Segment Reporting Information [Line Items]
Total net sales	46,636	43,537	136,127	129,134
MPS
Segment Reporting Information [Line Items]
Total net sales	18,315	18,582	55,627	56,556
Rental income	16,800	17,000	51,000	52,000
Service income	1,500	1,600	4,600	4,600
Scanning and Digital Imaging
Segment Reporting Information [Line Items]
Total net sales	5,354	4,991	16,676	14,845
Equipment and Supplies Sales
Segment Reporting Information [Line Items]
Total net sales	$ 4,143	$ 3,947	$ 11,924	$ 11,790

Earnings per Share - Narrative

Earnings per Share - Narrative (Details) - shares shares in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Earnings Per Share [Abstract]
Common stock options excluded for anti-dilutive effect (in shares)	4.3	4	4.8	4.2

Earnings per Share - Schedule o

Earnings per Share - Schedule of Basic and Diluted Weighted Average Common Shares Outstanding (Details) - shares shares in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Earnings Per Share [Abstract]
Weighted average common shares outstanding during the period—basic (in shares)	42,529	42,554	42,355	42,634
Effect of dilutive stock awards (in shares)	911	962	837	990
Weighted average common shares outstanding during the period—diluted (in shares)	43,440	43,516	43,192	43,624

Goodwill and Other Intangible_2

Goodwill and Other Intangibles - Narrative (Details) - USD ($)	9 Months Ended	21 Months Ended
	Sep. 30, 2024	Sep. 30, 2024
Finite-Lived Intangible Assets [Line Items]
Goodwill impairment	$ 0
Change of goodwill during period		$ 0
Impairment of long lived assets	$ 0
Customer relationships
Finite-Lived Intangible Assets [Line Items]
Estimated period for amortization (in years)	13 years

Goodwill and Other Intangible_3

Goodwill and Other Intangibles - Schedule of Other Intangible Assets Resulting from Business Acquisitions (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	$ 119,448	$ 119,447
Accumulated Amortization	119,314	119,285
Net Carrying Amount	134	162
Customer relationships
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	99,179	99,185
Accumulated Amortization	99,176	99,178
Net Carrying Amount	3	7
Trade names and trademarks
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	20,269	20,262
Accumulated Amortization	20,138	20,107
Net Carrying Amount	$ 131	$ 155

Goodwill and Other Intangible_4

Goodwill and Other Intangibles - Schedule of Estimated Future Amortization Expense of Other Intangible Assets (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Remainder of 2024	$ 10
2025	35
2026	34
2027	34
2028	21
Net Carrying Amount	$ 134	$ 162

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
Income Taxes (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Income Tax Disclosure [Abstract]
Income tax provision	$ 1,279	$ 1,368	$ 3,972	$ 4,262
Pretax income	$ 1,178	$ 4,489	$ 9,370	$ 13,197
Effective income tax rate	108.60%	30.50%	42.40%	32.30%
Deferred tax assets valuation allowance	$ 1,200		$ 1,200

Long-Term Debt - Schedule of Lo

Long-Term Debt - Schedule of Long Term Debt (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Debt Instrument [Line Items]
Weighted average discount rate, finance leases	5.90%	5.50%
Various finance leases; weighted average interest rate of 5.9% and 5.5% at September 30, 2024 and December 31, 2023, respectively; principal and interest payable monthly through November 2029	$ 19,148	$ 22,236
Long-term debt and finance leases, including current maturities	59,148	62,236
Less current portion	(6,976)	(8,870)
Long-term debt and finance leases	$ 52,172	$ 53,366
Line of Credit \| Revolving Credit Facility
Debt Instrument [Line Items]
Interest rate, effective percentage	6.30%	6.80%
Revolving Loans; 6.3% and 6.8% interest rate at September 30, 2024 and December 31, 2023, respectively	$ 40,000	$ 40,000

Long-Term Debt - Narrative (Det

Long-Term Debt - Narrative (Details)			9 Months Ended
Long-Term Debt - Narrative (Details)	Aug. 27, 2024 USD ($)	Jun. 15, 2023 USD ($)	Sep. 30, 2024 USD ($)	Jul. 31, 2024 $ / shares	Dec. 31, 2023 USD ($)	Apr. 22, 2021 USD ($)
Debt Instrument [Line Items]
Quarterly cash dividends declared (in usd per share) \| $ / shares				$ 0.05
Dividends payable			$ 2,100,000
Line of Credit \| Incremental Term Loan
Debt Instrument [Line Items]
Line of credit facility, maximum borrowing capacity	$ 185,000,000
Revolving Credit Facility \| Amendment To 2021 Credit Agreement
Debt Instrument [Line Items]
Debt, stock repurchase authorized amount		$ 10,000,000
Debt, stock repurchase authorized, period		12 months
Debt, other restricted payment authorized amount		$ 12,000,000
Debt, other restricted payment authorized period		12 months
Revolving Credit Facility \| 2021 Credit Agreement
Debt Instrument [Line Items]
Letters of credit outstanding, amount			2,200,000
Revolving Credit Facility \| Line of Credit
Debt Instrument [Line Items]
Long-term debt			$ 40,000,000		$ 40,000,000
Interest rate, effective percentage			6.30%		6.80%
Revolving Credit Facility \| Line of Credit \| 2021 Credit Agreement
Debt Instrument [Line Items]
Line of credit facility, maximum borrowing capacity						$ 70,000,000
Line of credit available borrowing capacity			$ 27,800,000
Long-term debt			$ 40,000,000
Interest rate, effective percentage			6.30%
Covenant term, total leverage ratio			2.75
Fixed charged coverage ratio			1.15
Revolving Credit Facility \| Line of Credit \| 2021 Credit Agreement \| Minimum \| SOFR
Debt Instrument [Line Items]
Basis spread on variable rate		1.25%
Revolving Credit Facility \| Line of Credit \| 2021 Credit Agreement \| Minimum \| Base Rate
Debt Instrument [Line Items]
Basis spread on variable rate		0.25%
Revolving Credit Facility \| Line of Credit \| 2021 Credit Agreement \| Maximum \| SOFR
Debt Instrument [Line Items]
Basis spread on variable rate		1.75%
Revolving Credit Facility \| Line of Credit \| 2021 Credit Agreement \| Maximum \| Base Rate
Debt Instrument [Line Items]
Basis spread on variable rate		0.75%
Revolving Credit Facility \| Line of Credit \| Incremental Term Loan
Debt Instrument [Line Items]
Line of credit facility, maximum borrowing capacity	60,000,000
Draw at closing on revolving credit facility	35,000,000
Secured Debt \| Line of Credit \| Incremental Term Loan
Debt Instrument [Line Items]
Incremental term loan facility	$ 125,000,000

Commitments and Contingencies (

Commitments and Contingencies (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2024	Dec. 31, 2023	Dec. 31, 2020
Commitments and Contingencies Disclosure [Abstract]
Site remediation liability	$ 4.3	$ 4.5	$ 0.6
Environmental Loss Contingency, Current, Statement of Financial Position, Extensible Enumeration, Not Disclosed Flag	Condensed Consolidated Balance Sheets
Environmental Loss Contingency, Statement of Financial Position, Extensible Enumeration, Not Disclosed Flag	Condensed Consolidated Balance Sheets
Accrued environmental loss contingencies, current	$ 2	$ 2.2
Accrual for environmental loss contingencies, payment period	7 years

Stock-Based Compensation (Detai

Stock-Based Compensation (Details) $ in Millions		3 Months Ended		9 Months Ended
Stock-Based Compensation (Details) $ in Millions	Apr. 26, 2023 shares	Sep. 30, 2024 USD ($) shares	Sep. 30, 2023 USD ($)	Sep. 30, 2024 USD ($) boardOfDirectMember shares	Sep. 30, 2023 USD ($)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense \| $		$ 0.6	$ 0.6	$ 1.9	$ 1.6
Total unrecognized compensation cost related to unvested stock-based payments \| $		$ 3		$ 3
Expected weighted-average period to recognize compensation cost (in years)				1 year 10 months 24 days
Key Employees
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options granted (in shares)				800,000
Stock Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock option expiration period (in years)				10 years
Exercise price of options, percentage of fair market value of Company's common stock				100%
Stock Options \| Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period (in years)				3 years
Stock Options \| Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period (in years)				4 years
Restricted Stock Awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period (in years)				3 years
Restricted Stock Awards \| Key Employees
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Awards granted (in shares)				400,000
Restricted Stock Awards \| Non-employee members of board of directors
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period (in years)				1 year
Awards granted (in shares)				36,000
Number of awards grantees \| boardOfDirectMember				4
Amended 2021 Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of additional shares authorized (in shares)	5,000,000
Number of shares authorized (in shares)	8,500,000
2014 Inventive Plan And 2005 Stock Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares authorized (in shares)	6,132,593
2021 Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares available for issuance (in shares)		4,200,000		4,200,000

Fair Value Measurements (Detail

Fair Value Measurements (Details) - USD ($)	Sep. 30, 2024	Dec. 31, 2023
Fair Value Disclosures [Abstract]
Cash and cash equivalents	$ 0	$ 1,200,000
Long-term debt	40,000,000
Fair value of borrowings	$ 40,000,000