ChannelAdvisor (ECOM) 10-Q 9 Aug 22 2022 Q2 Quarterly report Financial data

Cover

Cover - shares	6 Months Ended
	Jun. 30, 2022	Jul. 29, 2022
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Jun. 30, 2022
Document Transition Report	false
Entity File Number	001-35940
Entity Registrant Name	CHANNELADVISOR CORPORATION
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	56-2257867
Entity Address, Address Line One	3025 Carrington Mill Boulevard
Entity Address, City or Town	Morrisville
Entity Address, State or Province	NC
Entity Address, Postal Zip Code	27560
City Area Code	919
Local Phone Number	228-4700
Title of 12(b) Security	Common Stock, $0.001 par value
Trading Symbol	ECOM
Security Exchange Name	NYSE
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding (in shares)		28,728,705
Amendment Flag	false
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	Q2
Entity Central Index Key	0001169652
Current Fiscal Year End Date	--12-31

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Current assets:
Cash and cash equivalents	$ 84,243	$ 100,567
Accounts receivable, net of allowance of $215 and $279 as of June 30, 2022 and December 31, 2021, respectively	26,143	28,886
Prepaid expenses and other current assets	15,865	15,497
Total current assets	126,251	144,950
Operating lease right of use assets	6,006	2,856
Property and equipment, net of accumulated depreciation of $24,731 and $23,096 as of June 30, 2022 and December 31, 2021, respectively	7,953	7,682
Goodwill	28,986	30,042
Intangible assets, net	2,575	3,079
Deferred contract costs, net of current portion	18,645	17,951
Long-term deferred tax assets, net	30,210	32,616
Other assets	622	796
Total assets	221,248	239,972
Current liabilities:
Accounts payable	883	1,457
Accrued expenses	10,797	12,644
Deferred revenue	31,437	29,942
Other current liabilities	2,706	4,831
Total current liabilities	45,823	48,874
Long-term operating leases, net of current portion	5,063	1,182
Other long-term liabilities	1,371	1,718
Total liabilities	52,257	51,774
Commitments and contingencies
Stockholders' equity:
Preferred stock, $0.001 par value, 5,000,000 shares authorized, no shares issued and outstanding as of June 30, 2022 and December 31, 2021	0	0
Common stock, $0.001 par value, 100,000,000 shares authorized, 28,727,015 and 30,188,595 shares issued and outstanding as of June 30, 2022 and December 31, 2021, respectively	29	30
Additional paid-in capital	280,419	300,875
Accumulated other comprehensive loss	(4,648)	(2,237)
Accumulated deficit	(106,809)	(110,470)
Total stockholders' equity	168,991	188,198
Total liabilities and stockholders' equity	$ 221,248	$ 239,972

CONDENSED CONSOLIDATED BALANC_2

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Current assets:
Allowance for doubtful accounts receivable, current	$ 215	$ 279
Property and equipment, accumulated depreciation	$ 24,731	$ 23,096
Stockholders' equity:
Preferred stock, par value (in dollars per share)	$ 0.001	$ 0.001
Preferred stock, shares authorized (in shares)	5,000,000	5,000,000
Preferred stock, shares issued (in shares)	0	0
Preferred stock, shares outstanding (in shares)	0	0
Common stock, par value (in dollars per share)	$ 0.001	$ 0.001
Common stock, shares authorized (in shares)	100,000,000	100,000,000
Common stock, shares issued (in shares)	28,727,015	30,188,595
Common stock, shares outstanding (in shares)	28,727,015	30,188,595

UNAUDITED CONDENSED CONSOLIDATE

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Revenue	$ 42,802	$ 41,543	$ 85,099	$ 80,709
Cost of revenue	10,407	9,533	20,789	17,941
Gross profit	32,395	32,010	64,310	62,768
Operating expenses:
Sales and marketing	16,156	15,159	32,102	29,791
Research and development	5,380	5,908	10,803	11,435
General and administrative	7,448	6,835	14,670	11,717
Total operating expenses	28,984	27,902	57,575	52,943
Income from operations	3,411	4,108	6,735	9,825
Other income (expense):
Interest income (expense)	45	(33)	17	(66)
Other income (expense)	35	(5)	0	(135)
Total other income (expense)	80	(38)	17	(201)
Income before income taxes	3,491	4,070	6,752	9,624
Income tax expense (benefit)	1,654	(490)	3,091	(393)
Net income	$ 1,837	$ 4,560	$ 3,661	$ 10,017
Net income per share:
Basic (in dollars per share)	$ 0.06	$ 0.15	$ 0.12	$ 0.34
Diluted (in dollars per share)	$ 0.06	$ 0.15	$ 0.12	$ 0.32
Weighted average common shares outstanding:
Basic	29,949,978	29,764,013	30,110,764	29,530,369
Diluted	30,911,784	31,402,695	31,290,204	31,269,427

UNAUDITED CONDENSED CONSOLIDA_2

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Statement of Comprehensive Income [Abstract]
Net income	$ 1,837	$ 4,560	$ 3,661	$ 10,017
Other comprehensive (loss) income:
Foreign currency translation adjustments	(1,995)	88	(2,411)	(62)
Total comprehensive (loss) income	$ (158)	$ 4,648	$ 1,250	$ 9,955

UNAUDITED CONDENSED CONSOLIDA_3

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Cash flows from operating activities
Net income	$ 3,661	$ 10,017
Adjustments to reconcile net income to cash and cash equivalents provided by operating activities:
Depreciation and amortization	2,964	3,479
Bad debt expense	100	47
Stock-based compensation expense	6,606	6,624
Deferred income taxes	2,114	(893)
Other items, net	(929)	(1,760)
Changes in assets and liabilities:
Accounts receivable	1,825	(527)
Prepaid expenses and other assets	(71)	(318)
Deferred contract costs	(1,741)	(3,282)
Accounts payable and accrued expenses	(2,859)	(249)
Deferred revenue	2,057	4,448
Cash and cash equivalents provided by operating activities	13,727	17,586
Cash flows from investing activities
Purchases of property and equipment	(1,138)	(494)
Payment of software development costs	(1,955)	(1,631)
Cash and cash equivalents used in investing activities	(3,093)	(2,125)
Cash flows from financing activities
Repayment of finance leases	(8)	(8)
Proceeds from exercise of stock options	375	3,722
Repurchase and retirement of common stock	(25,000)	0
Payment of statutory tax withholding related to net-share settlement of restricted stock units	(1,875)	(342)
Cash and cash equivalents (used in) provided by financing activities	(26,508)	3,372
Effect of currency exchange rate changes on cash and cash equivalents	(450)	(27)
Net (decrease) increase in cash and cash equivalents	(16,324)	18,806
Cash and cash equivalents, beginning of period	100,567	71,545
Cash and cash equivalents, end of period	84,243	90,351
Supplemental disclosure of cash flow information
Cash paid for interest	32	36
Cash paid for income taxes, net	582	338
Supplemental disclosure of noncash investing and financing activities
Accrued statutory tax withholding related to net-share settlement of restricted stock units	563	2,896
Accrued capital expenditures	$ 27	$ 16

Description of the Business

Description of the Business	6 Months Ended
	Jun. 30, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
DESCRIPTION OF THE BUSINESS	DESCRIPTION OF THE BUSINESSChannelAdvisor Corporation ("ChannelAdvisor" or the "Company") was incorporated in the state of Delaware and capitalized in June 2001. The Company began operations in July 2001. ChannelAdvisor is a leading provider of cloud-based e-commerce solutions whose mission is to connect and optimize the world's commerce. For over two decades, ChannelAdvisor has helped brands and retailers worldwide to streamline their e-commerce operations, expand to new channels and grow sales. Thousands of customers depend on ChannelAdvisor to securely power their e-commerce operations on hundreds of channels, including Amazon, eBay, Facebook, Google, Shopify, Walmart and Zalando. The Company is headquartered in Morrisville, North Carolina and maintains sales, service, support and research and development offices in various domestic and international locations.

Significant Accounting Policies

Significant Accounting Policies	6 Months Ended
	Jun. 30, 2022
Accounting Policies [Abstract]
SIGNIFICANT ACCOUNTING POLICIES	SIGNIFICANT ACCOUNTING POLICIES Principles of Consolidation The accompanying condensed consolidated financial statements include the accounts of the Company and its wholly owned subsidiaries. All intercompany accounts and transactions have been eliminated in consolidation. Interim Condensed Consolidated Financial Information The accompanying condensed consolidated financial statements and footnotes have been prepared in accordance with generally accepted accounting principles in the United States of America, or GAAP, as contained in the Financial Accounting Standards Board, or FASB, Accounting Standards Codification, or ASC, for interim financial information. In the opinion of management, the interim financial information includes all adjustments of a normal recurring nature necessary for a fair presentation of financial position, the results of operations, comprehensive (loss) income and cash flows. The results of operations for the three and six months ended June 30, 2022 are not necessarily indicative of the results for the full year or the results for any future periods, especially in light of the ongoing impacts, and potential future effects of, the COVID-19 pandemic and other macroeconomic and geopolitical factors on the Company’s business, operations and financial performance. These unaudited interim financial statements should be read in conjunction with the audited financial statements and related footnotes for the year ended December 31, 2021, or fiscal 2021, which are included in the Company's Annual Report on Form 10-K for fiscal 2021. There have been no material changes to the Company's significant accounting policies from those described in the footnotes to the audited financial statements contained in the Company's Annual Report on Form 10-K for fiscal 2021. Recent Accounting Pronouncements The Company has reviewed new accounting pronouncements that were issued during the six months ended June 30, 2022 and does not believe that these pronouncements are applicable to the Company, or that they will have a material impact on its financial position or results of operations. Use of Estimates The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported in the condensed consolidated financial statements and accompanying notes. Actual results could differ from those estimates. On an ongoing basis, the Company evaluates its estimates, including those related to the accounts receivable allowance, the useful lives of long-lived assets and other intangible assets, income taxes, assumptions used for purposes of determining stock-based compensation, leases, including estimating lease terms and extensions, and revenue recognition, including standalone selling prices for contracts with multiple performance obligations and the expected period of benefit for deferred contract costs, among others. The Company bases its estimates on historical experience and on various other assumptions that it believes to be reasonable, the results of which form the basis for making judgments about the carrying value of assets and liabilities.

Stockholders' Equity

Stockholders' Equity	6 Months Ended
	Jun. 30, 2022
Stockholders' Equity Attributable to Parent [Abstract]
STOCKHOLDERS' EQUITY	STOCKHOLDERS' EQUITY The following tables summarize quarterly stockholders' equity activity for the six months ended June 30, 2022 and 2021 (in thousands, except number of shares): Quarterly Activity For The Six Months Ended June 30, 2022 Common Stock Additional Accumulated Accumulated Total Shares Amount Balance, December 31, 2021 30,188,595 $ 30 $ 300,875 $ (2,237) $ (110,470) $ 188,198 Exercise of stock options and vesting of restricted stock units 388,551 — 362 — — 362 Stock-based compensation expense — — 3,132 — — 3,132 Statutory tax withholding related to net-share settlement of restricted stock units (101,316) — (1,818) — — (1,818) Net income — — — — 1,824 1,824 Foreign currency translation adjustments — — — (416) — (416) Balance, March 31, 2022 30,475,830 30 302,551 (2,653) (108,646) 191,282 Exercise of stock options and vesting of restricted stock units 123,990 — 13 — — 13 Stock-based compensation expense — — 3,474 — — 3,474 Statutory tax withholding related to net-share settlement of restricted stock units (44,201) — (620) — — (620) Repurchase and retirement of common stock (1,828,604) (1) (24,999) — — (25,000) Net income — — — — 1,837 1,837 Foreign currency translation adjustments — — — (1,995) — (1,995) Balance, June 30, 2022 28,727,015 $ 29 $ 280,419 $ (4,648) $ (106,809) $ 168,991 Quarterly Activity For The Six Months Ended June 30, 2021 Common Stock Additional Accumulated Accumulated Total Shares Amount Balance, December 31, 2020 29,020,424 $ 29 $ 288,842 $ (1,095) $ (157,685) $ 130,091 Exercise of stock options and vesting of restricted stock units 802,270 1 3,586 — — 3,587 Stock-based compensation expense — — 3,048 — — 3,048 Statutory tax withholding related to net-share settlement of restricted stock units (89,842) — (2,061) — — (2,061) Net income — — — — 5,457 5,457 Foreign currency translation adjustments — — — (150) — (150) Balance, March 31, 2021 29,732,852 30 293,415 (1,245) (152,228) 139,972 Exercise of stock options and vesting of restricted stock units 146,164 — 136 — — 136 Stock-based compensation expense — — 3,576 — — 3,576 Statutory tax withholding related to net-share settlement of restricted stock units (48,409) — (1,177) — — (1,177) Net income — — — — 4,560 4,560 Foreign currency translation adjustments — — — 88 — 88 Balance, June 30, 2021 $ 29,830,607 $ 30 $ 295,950 $ (1,157) $ (147,668) $ 147,155 Share Repurchase Program In August 2021, the Company's Board of Directors approved a share repurchase program authorizing the repurchase of up to $25.0 million of the Company's common stock through August 10, 2022. During the three months ended June 30, 2022, 1,828,604 shares were repurchased and retired under the repurchase program at an average price of $13.67 per share for an aggregate total price of $25.0 million, which completed the share repurchase program authorized in August 2021.

Goodwill and Intangible Assets

Goodwill and Intangible Assets	6 Months Ended
	Jun. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets	GOODWILL AND INTANGIBLE ASSETS The Company has acquired intangible assets in connection with its business acquisitions. These assets were recorded at their estimated fair values at the acquisition date and are being amortized over their respective estimated useful lives using the straight-line method. The estimated useful lives and amortization methodology used in computing amortization are as follows: Estimated Useful Life Amortization Methodology Customer relationships 7 years Straight-line Acquired technology 7 years Straight-line Amortization expense associated with the Company's intangible assets was $0.1 million and $0.3 million for the three months ended June 30, 2022 and 2021, respectively, and $0.3 million and $0.6 million for the six months ended June 30, 2022 and 2021, respectively. The following table summarizes the changes in the carrying amount of goodwill during the six months ended June 30, 2022 (in thousands): Balance, December 31, 2021 $ 30,042 Effects of foreign currency translation (1,056) Balance, June 30, 2022 $ 28,986

Capitalized Software Developmen

Capitalized Software Development Costs	6 Months Ended
	Jun. 30, 2022
Property, Plant and Equipment [Abstract]
CAPITALIZED SOFTWARE DEVELOPMENT COSTS	CAPITALIZED SOFTWARE DEVELOPMENT COSTSCapitalized software development costs related to creating internally developed software and implementing software purchased for internal use are included in property and equipment in the accompanying condensed consolidated balance sheets. The Company capitalized software development costs of $1.0 million and $0.9 million during the three months ended June 30, 2022 and 2021, respectively, and $1.9 million and $1.6 million during the six months ended June 30, 2022 and 2021, respectively. Amortization expense related to capitalized internally developed software was $0.8 million and $0.7 million for the three months ended June 30, 2022 and 2021, respectively, and $1.6 million and $1.3 million for the six months ended June 30, 2022 and 2021, respectively, and is included in cost of revenue or general and administrative expense in the accompanying condensed consolidated statements of operations, depending upon the nature of the software development project. The net book value of capitalized internally developed software was $5.1 million and $4.8 million at June 30, 2022 and December 31, 2021, respectively.

Revenue from Contracts with Cus

Revenue from Contracts with Customers	6 Months Ended
	Jun. 30, 2022
Revenue from Contract with Customer [Abstract]
REVENUE FROM CONTRACTS WITH CUSTOMERS	REVENUE FROM CONTRACTS WITH CUSTOMERS Revenue Recognition and Disaggregation of Revenue The Company derives the majority of its revenue from subscription fees paid for access to and usage of its software solutions for a specified contract term. A customer typically pays a recurring subscription fee based on a specified minimum amount of gross merchandise value, or GMV, or advertising spend that the customer expects to process through the Company's platform. Subscription fees may also include implementation fees such as launch assistance and training fees. The remaining portion of a customer's fee is variable and is based on a specified percentage of GMV or advertising spend processed through the Company's platform in excess of the customer's specified minimum GMV or advertising spend amount. In most cases, the specified percentage of excess GMV or advertising spend on which the variable fee is based is fixed and does not vary depending on the amount of the excess. Subscription fees are billed in advance of the subscription term and are due in accordance with contract terms, which generally provide for payment within 30 days. Variable fees are subject to the same payment terms, although they are generally billed at the end of the period in which they are incurred. The Company also generates revenue from its solutions that allow brands to direct potential consumers from their websites and digital marketing campaigns to authorized resellers. The majority of the Company's contracts have a one year term. The Company's contractual arrangements include performance, termination and cancellation provisions, but do not provide for refunds. Customers do not have the contractual right to take possession of the Company's software at any time. Sales taxes collected from customers and remitted to government authorities are excluded from revenue. The Company's customers are categorized as follows: Brands. The Company generally categorizes a customer as a brand if it primarily focuses on selling its own proprietary products. Retailers. The Company generally categorizes a customer as a retailer if it primarily focuses on selling third-party products. Other. Other is primarily comprised of strategic partnerships. The following table summarizes revenue disaggregation by customer type for the three and six months ended June 30, 2022 and 2021 (in thousands): Three Months Ended June 30, Six Months Ended June 30, 2022 Percentage of Total 2021 Percentage of Total 2022 Percentage of Total 2021 Percentage of Total Brands $ 19,111 45 % $ 15,956 38 % $ 37,946 45 % $ 30,205 37 % Retailers 21,590 50 % 22,516 54 % $ 42,836 50 % $ 44,293 55 % Other 2,101 5 % 3,071 7 % 4,317 5 % 6,211 8 % $ 42,802 $ 41,543 $ 85,099 $ 80,709 Contracts with Multiple Performance Obligations Customers may elect to purchase a subscription to multiple modules, multiple modules with multiple service levels, or, for certain of the Company's solutions, multiple brands or geographies. The Company evaluates such contracts to determine whether the services to be provided are distinct and accordingly should be accounted for as separate performance obligations. If the Company determines that a contract has multiple performance obligations, the transaction price, which is the total price of the contract, is allocated to each performance obligation based on a relative standalone selling price method. The Company estimates standalone selling price based on observable prices in past transactions for which the product offering subject to the performance obligation has been sold separately. As the performance obligations are satisfied, revenue is recognized as discussed above. Transaction Price Allocated to Future Performance Obligations As the Company typically enters into contracts with customers for a twelve-month subscription term, a substantial majority of its performance obligations that have not yet been satisfied as of June 30, 2022 are part of a contract that has an original expected duration of one year or less. For contracts with an original expected duration of greater than one year, the aggregate transaction price allocated to the unsatisfied performance obligations was $40.5 million as of June 30, 2022, of which $24.7 million is expected to be recognized as revenue over the next twelve months. Deferred Revenue Deferred revenue generally represents the unearned portion of subscription fees. Deferred revenue is recorded when fees are invoiced in advance of performance. Deferred amounts are generally recognized within one year. Deferred revenue is included in the accompanying condensed consolidated balance sheets under "Total current liabilities," net of any long-term portion that is included in "Other long-term liabilities." The following table summarizes deferred revenue activity for the six months ended June 30, 2022 (in thousands): Balance, beginning of period Net additions Revenue recognized from deferred revenue Balance, end of period Deferred revenue $ 30,868 72,757 (71,597) $ 32,028 Of the $85.1 million of revenue recognized in the six months ended June 30, 2022, $24.8 million was included in deferred revenue at January 1, 2022. Costs to Obtain Contracts The Company capitalizes sales commissions and a portion of other incentive compensation costs that are directly related to obtaining customer contracts and that would not have been incurred if the contract had not been obtained. These costs are included in the accompanying condensed consolidated balance sheets and are classified as "Prepaid expenses and other current assets," net of any long-term portion that is included in "Deferred contract costs, net of current portion." As of June 30, 2022, $9.3 million was included in "Prepaid expenses and other current assets." Deferred contract costs are amortized to sales and marketing expense over the expected period of benefit, which the Company has determined to be five years based on the estimated customer relationship period. The following table summarizes deferred contract cost activity for the six months ended June 30, 2022 (in thousands): Balance, beginning of period Additions Amortized costs (1) Balance, end of period Deferred contract costs $ 26,959 6,807 (5,861) $ 27,905 (1) Includes contract costs amortized to sales and marketing expense during the period and the impact from foreign currency exchange rate fluctuations.

Stock-Based Compensation

Stock-Based Compensation	6 Months Ended
	Jun. 30, 2022
Share-Based Payment Arrangement [Abstract]
STOCK-BASED COMPENSATION	STOCK-BASED COMPENSATION The Company recognizes stock-based compensation expense using the accelerated attribution method, net of estimated forfeitures, in which compensation cost for each vesting tranche in an award is recognized ratably from the service inception date to the vesting date for that tranche. Stock-based compensation expense is included in the following line items in the accompanying condensed consolidated statements of operations for the three and six months ended June 30, 2022 and 2021 (in thousands): Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 Cost of revenue $ 337 $ 264 $ 496 $ 496 Sales and marketing 825 996 1,647 1,816 Research and development 620 690 1,037 1,302 General and administrative 1,692 1,626 3,426 3,010 Total stock-based compensation expense $ 3,474 $ 3,576 $ 6,606 $ 6,624 During the six months ended June 30, 2022, the Company granted the following share-based awards: Number of Shares Underlying Grant Weighted Average Grant Date Fair Value Service-based restricted stock units 700,046 $ 17.78 Performance-based restricted stock units 185,154 $ 17.78 Total share-based awards 885,200

Net Income Per Share

Net Income Per Share	6 Months Ended
	Jun. 30, 2022
Earnings Per Share [Abstract]
NET LOSS PER SHARE	NET INCOME PER SHARE Basic net income per share is calculated by dividing net income by the weighted-average number of shares of common stock outstanding for the period. Diluted net income per share is calculated giving effect to all potentially dilutive shares of common stock, including stock options and restricted stock units. The dilutive effect of outstanding awards is reflected in diluted earnings per share by application of the treasury stock method. The following table summarizes the calculation of basic and diluted net income per share (in thousands, except share and per share data): Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 Basic: Net income $ 1,837 $ 4,560 $ 3,661 $ 10,017 Weighted average common shares outstanding, basic 29,949,978 29,764,013 30,110,764 29,530,369 Basic net income per share $ 0.06 $ 0.15 $ 0.12 $ 0.34 Diluted: Net income $ 1,837 $ 4,560 $ 3,661 $ 10,017 Weighted average common shares outstanding, basic 29,949,978 29,764,013 30,110,764 29,530,369 Dilutive effect of: Stock options 227,244 572,474 322,521 604,491 Unvested service-based restricted stock units 656,324 1,066,208 746,621 1,134,567 Unvested performance-based restricted stock units 78,238 — 110,298 — Weighted average common shares outstanding, diluted 30,911,784 31,402,695 31,290,204 31,269,427 Diluted net income per share $ 0.06 $ 0.15 $ 0.12 $ 0.32 The following equity instruments have been excluded from the calculation of diluted net income per share because the effect is anti-dilutive: Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 Stock options 157,509 22,229 22,760 22,541 Restricted stock units 565,513 20,796 529,047 20,852

Income Taxes

Income Taxes	6 Months Ended
	Jun. 30, 2022
Income Tax Disclosure [Abstract]
Income Taxes	INCOME TAXES At the end of each interim reporting period, the Company estimates its effective income tax rate expected to be applicable for the full year. This estimate is used to determine the income tax provision or benefit on a year-to-date basis and may change in subsequent interim periods. The Company's effective tax rate was 47.4% and (12.0)% for the three months ended June 30, 2022 and 2021, respectively, and 45.8% and (4.1)% for the six months ended June 30, 2022 and 2021, respectively. The tax expense and benefit for each of the periods was based on U.S. federal, state, local and foreign income taxes. The Company’s effective tax rate for the three and six months ended June 30, 2022 was higher than the U.S. federal statutory rate of 21% primarily due to the

Segment and Geographic Informat

Segment and Geographic Information	6 Months Ended
	Jun. 30, 2022
Segment Reporting [Abstract]
SEGMENT AND GEOGRAPHIC INFORMATION	SEGMENT AND GEOGRAPHIC INFORMATION Operating segments are defined as components of an enterprise for which discrete financial information is available that is evaluated regularly by the chief operating decision maker, or CODM, for purposes of allocating resources and evaluating financial performance. The Company's CODM reviews financial information presented on a consolidated basis for purposes of allocating resources and evaluating financial performance. As such, the Company's operations constitute a single operating segment and one reportable segment. Substantially all assets were held in the United States during the six months ended June 30, 2022 and the year ended December 31, 2021. The Company categorizes domestic and international revenue from customers based on their billing address. The following table summarizes revenue by geography for the three and six months ended June 30, 2022 and 2021 (in thousands): Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 Domestic $ 30,061 $ 29,471 $ 59,936 $ 57,982 International 12,741 12,072 25,163 22,727 Total revenue $ 42,802 $ 41,543 $ 85,099 $ 80,709

Significant Accounting Polici_2

Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2022
Accounting Policies [Abstract]
Principles of Consolidation	The accompanying condensed consolidated financial statements include the accounts of the Company and its wholly owned subsidiaries. All intercompany accounts and transactions have been eliminated in consolidation.
Interim Condensed Consolidated Financial Information	The accompanying condensed consolidated financial statements and footnotes have been prepared in accordance with generally accepted accounting principles in the United States of America, or GAAP, as contained in the Financial Accounting Standards Board, or FASB, Accounting Standards Codification, or ASC, for interim financial information. In the opinion of management, the interim financial information includes all adjustments of a normal recurring nature necessary for a fair presentation of financial position, the results of operations, comprehensive (loss) income and cash flows. The results of operations for the three and six months ended June 30, 2022 are not necessarily indicative of the results for the full year or the results for any future periods, especially in light of the ongoing impacts, and potential future effects of, the COVID-19 pandemic and other macroeconomic and geopolitical factors on the Company’s business, operations and financial performance. These unaudited interim financial statements should be read in conjunction with the audited financial statements and related footnotes for the year ended December 31, 2021, or fiscal 2021, which are included in the Company's Annual Report on Form 10-K for fiscal 2021. There have been no material changes to the Company's significant accounting policies from those described in the footnotes to the audited financial statements contained in the Company's Annual Report on Form 10-K for fiscal 2021.
Recent Accounting Pronouncements	The Company has reviewed new accounting pronouncements that were issued during the six months ended June 30, 2022 and does not believe that these pronouncements are applicable to the Company, or that they will have a material impact on its financial position or results of operations.
Use of Estimates	The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported in the condensed consolidated financial statements and accompanying notes. Actual results could differ from those estimates. On an ongoing basis, the Company evaluates its estimates, including those related to the accounts receivable allowance, the useful lives of long-lived assets and other intangible assets, income taxes, assumptions used for purposes of determining stock-based compensation, leases, including estimating lease terms and extensions, and revenue recognition, including standalone selling prices for contracts with multiple performance obligations and the expected period of benefit for deferred contract costs, among others. The Company bases its estimates on historical experience and on various other assumptions that it believes to be reasonable, the results of which form the basis for making judgments about the carrying value of assets and liabilities.
Deferred Revenue	Deferred revenue generally represents the unearned portion of subscription fees. Deferred revenue is recorded when fees are invoiced in advance of performance. Deferred amounts are generally recognized within one year. Deferred revenue is included in the accompanying condensed consolidated balance sheets under "Total current liabilities," net of any long-term portion that is included in "Other long-term liabilities."
Costs to Obtain Contracts	The Company capitalizes sales commissions and a portion of other incentive compensation costs that are directly related to obtaining customer contracts and that would not have been incurred if the contract had not been obtained. These costs are included in the accompanying condensed consolidated balance sheets and are classified as "Prepaid expenses and other current assets," net of any long-term portion that is included in "Deferred contract costs, net of current portion." As of June 30, 2022, $9.3 million was included in "Prepaid expenses and other current assets." Deferred contract costs are amortized to sales and marketing expense over the expected period of benefit, which the Company has determined to be five years based on the estimated customer relationship period.
Stock-Based Compensation	The Company recognizes stock-based compensation expense using the accelerated attribution method, net of estimated forfeitures, in which compensation cost for each vesting tranche in an award is recognized ratably from the service inception date to the vesting date for that tranche.
Earnings Per Share	Basic net income per share is calculated by dividing net income by the weighted-average number of shares of common stock outstanding for the period. Diluted net income per share is calculated giving effect to all potentially dilutive shares of common stock, including stock options and restricted stock units. The dilutive effect of outstanding awards is reflected in diluted earnings per share by application of the treasury stock method.
Income Taxes	At the end of each interim reporting period, the Company estimates its effective income tax rate expected to be applicable for the full year. This estimate is used to determine the income tax provision or benefit on a year-to-date basis and may change in subsequent interim periods.

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)	6 Months Ended
	Jun. 30, 2022
Stockholders' Equity Attributable to Parent [Abstract]
Schedule of Stockholders Equity	The following tables summarize quarterly stockholders' equity activity for the six months ended June 30, 2022 and 2021 (in thousands, except number of shares): Quarterly Activity For The Six Months Ended June 30, 2022 Common Stock Additional Accumulated Accumulated Total Shares Amount Balance, December 31, 2021 30,188,595 $ 30 $ 300,875 $ (2,237) $ (110,470) $ 188,198 Exercise of stock options and vesting of restricted stock units 388,551 — 362 — — 362 Stock-based compensation expense — — 3,132 — — 3,132 Statutory tax withholding related to net-share settlement of restricted stock units (101,316) — (1,818) — — (1,818) Net income — — — — 1,824 1,824 Foreign currency translation adjustments — — — (416) — (416) Balance, March 31, 2022 30,475,830 30 302,551 (2,653) (108,646) 191,282 Exercise of stock options and vesting of restricted stock units 123,990 — 13 — — 13 Stock-based compensation expense — — 3,474 — — 3,474 Statutory tax withholding related to net-share settlement of restricted stock units (44,201) — (620) — — (620) Repurchase and retirement of common stock (1,828,604) (1) (24,999) — — (25,000) Net income — — — — 1,837 1,837 Foreign currency translation adjustments — — — (1,995) — (1,995) Balance, June 30, 2022 28,727,015 $ 29 $ 280,419 $ (4,648) $ (106,809) $ 168,991 Quarterly Activity For The Six Months Ended June 30, 2021 Common Stock Additional Accumulated Accumulated Total Shares Amount Balance, December 31, 2020 29,020,424 $ 29 $ 288,842 $ (1,095) $ (157,685) $ 130,091 Exercise of stock options and vesting of restricted stock units 802,270 1 3,586 — — 3,587 Stock-based compensation expense — — 3,048 — — 3,048 Statutory tax withholding related to net-share settlement of restricted stock units (89,842) — (2,061) — — (2,061) Net income — — — — 5,457 5,457 Foreign currency translation adjustments — — — (150) — (150) Balance, March 31, 2021 29,732,852 30 293,415 (1,245) (152,228) 139,972 Exercise of stock options and vesting of restricted stock units 146,164 — 136 — — 136 Stock-based compensation expense — — 3,576 — — 3,576 Statutory tax withholding related to net-share settlement of restricted stock units (48,409) — (1,177) — — (1,177) Net income — — — — 4,560 4,560 Foreign currency translation adjustments — — — 88 — 88 Balance, June 30, 2021 $ 29,830,607 $ 30 $ 295,950 $ (1,157) $ (147,668) $ 147,155

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	6 Months Ended
	Jun. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Finite-Lived Intangible Assets	The estimated useful lives and amortization methodology used in computing amortization are as follows: Estimated Useful Life Amortization Methodology Customer relationships 7 years Straight-line Acquired technology 7 years Straight-line
Schedule of Goodwill	The following table summarizes the changes in the carrying amount of goodwill during the six months ended June 30, 2022 (in thousands): Balance, December 31, 2021 $ 30,042 Effects of foreign currency translation (1,056) Balance, June 30, 2022 $ 28,986

Revenue from Contracts with C_2

Revenue from Contracts with Customers (Tables)	6 Months Ended
	Jun. 30, 2022
Revenue from Contract with Customer [Abstract]
Disaggregation of Revenue	The following table summarizes revenue disaggregation by customer type for the three and six months ended June 30, 2022 and 2021 (in thousands): Three Months Ended June 30, Six Months Ended June 30, 2022 Percentage of Total 2021 Percentage of Total 2022 Percentage of Total 2021 Percentage of Total Brands $ 19,111 45 % $ 15,956 38 % $ 37,946 45 % $ 30,205 37 % Retailers 21,590 50 % 22,516 54 % $ 42,836 50 % $ 44,293 55 % Other 2,101 5 % 3,071 7 % 4,317 5 % 6,211 8 % $ 42,802 $ 41,543 $ 85,099 $ 80,709
Deferred Revenue	The following table summarizes deferred revenue activity for the six months ended June 30, 2022 (in thousands): Balance, beginning of period Net additions Revenue recognized from deferred revenue Balance, end of period Deferred revenue $ 30,868 72,757 (71,597) $ 32,028
Deferred Contract Costs	The following table summarizes deferred contract cost activity for the six months ended June 30, 2022 (in thousands): Balance, beginning of period Additions Amortized costs (1) Balance, end of period Deferred contract costs $ 26,959 6,807 (5,861) $ 27,905 (1) Includes contract costs amortized to sales and marketing expense during the period and the impact from foreign currency exchange rate fluctuations.

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	6 Months Ended
	Jun. 30, 2022
Share-Based Payment Arrangement [Abstract]
Summary of Stock-Based Compensation Expense	Stock-based compensation expense is included in the following line items in the accompanying condensed consolidated statements of operations for the three and six months ended June 30, 2022 and 2021 (in thousands): Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 Cost of revenue $ 337 $ 264 $ 496 $ 496 Sales and marketing 825 996 1,647 1,816 Research and development 620 690 1,037 1,302 General and administrative 1,692 1,626 3,426 3,010 Total stock-based compensation expense $ 3,474 $ 3,576 $ 6,606 $ 6,624
Summary of Awards Granted in Period	During the six months ended June 30, 2022, the Company granted the following share-based awards: Number of Shares Underlying Grant Weighted Average Grant Date Fair Value Service-based restricted stock units 700,046 $ 17.78 Performance-based restricted stock units 185,154 $ 17.78 Total share-based awards 885,200

Net Income Per Share (Tables)

Net Income Per Share (Tables)	6 Months Ended
	Jun. 30, 2022
Earnings Per Share [Abstract]
Schedule of Earnings Per Share, Basic and Diluted	The following table summarizes the calculation of basic and diluted net income per share (in thousands, except share and per share data): Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 Basic: Net income $ 1,837 $ 4,560 $ 3,661 $ 10,017 Weighted average common shares outstanding, basic 29,949,978 29,764,013 30,110,764 29,530,369 Basic net income per share $ 0.06 $ 0.15 $ 0.12 $ 0.34 Diluted: Net income $ 1,837 $ 4,560 $ 3,661 $ 10,017 Weighted average common shares outstanding, basic 29,949,978 29,764,013 30,110,764 29,530,369 Dilutive effect of: Stock options 227,244 572,474 322,521 604,491 Unvested service-based restricted stock units 656,324 1,066,208 746,621 1,134,567 Unvested performance-based restricted stock units 78,238 — 110,298 — Weighted average common shares outstanding, diluted 30,911,784 31,402,695 31,290,204 31,269,427 Diluted net income per share $ 0.06 $ 0.15 $ 0.12 $ 0.32
Schedule of Securities Excluded from Calculation of Weighted Average Common Shares Outstanding	The following equity instruments have been excluded from the calculation of diluted net income per share because the effect is anti-dilutive: Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 Stock options 157,509 22,229 22,760 22,541 Restricted stock units 565,513 20,796 529,047 20,852

Segment and Geographic Inform_2

Segment and Geographic Information (Tables)	6 Months Ended
	Jun. 30, 2022
Segment Reporting [Abstract]
Summary of Revenue by Geography	The following table summarizes revenue by geography for the three and six months ended June 30, 2022 and 2021 (in thousands): Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 Domestic $ 30,061 $ 29,471 $ 59,936 $ 57,982 International 12,741 12,072 25,163 22,727 Total revenue $ 42,802 $ 41,543 $ 85,099 $ 80,709

Stockholders' Equity (Detail)

Stockholders' Equity (Detail) - USD ($) $ in Thousands	3 Months Ended				6 Months Ended
	Jun. 30, 2022	Mar. 31, 2022	Jun. 30, 2021	Mar. 31, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance	$ 191,282	$ 188,198	$ 139,972	$ 130,091	$ 188,198	$ 130,091
Exercise of stock options and vesting of restricted stock units	13	362	136	3,587
Stock-based compensation expense	3,474	3,132	3,576	3,048
Statutory tax withholding related to net-share settlement of restricted stock units	$ (620)	(1,818)	(1,177)	(2,061)
Repurchase and retirement of common stock, in shares	(1,828,604)
Repurchase and retirement of common stock	$ (25,000)
Net income	1,837	1,824	4,560	5,457	3,661	10,017
Foreign currency translation adjustments	(1,995)	(416)	88	(150)	(2,411)	(62)
Ending balance	168,991	$ 191,282	$ 147,155	$ 139,972	168,991	$ 147,155
Accumulated deficit	$ (106,809)				$ (106,809)		$ (110,470)
Common Stock
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance (in shares)	30,475,830	30,188,595	29,732,852	29,020,424	30,188,595	29,020,424
Beginning balance	$ 30	$ 30	$ 30	$ 29	$ 30	$ 29
Exercise of stock options and vesting of restricted stock units (in shares)	123,990	388,551	146,164	802,270
Exercise of stock options and vesting of restricted stock units	$ 0	$ 0	$ 0	$ 1
Statutory tax withholding related to net-share settlement of restricted stock units (in shares)	(44,201)	(101,316)	(48,409)	(89,842)
Repurchase and retirement of common stock, in shares	(1,828,604)
Repurchase and retirement of common stock	$ (1)
Ending balance (in shares)	28,727,015	30,475,830	29,830,607	29,732,852	28,727,015	29,830,607	30,188,595
Ending balance	$ 29	$ 30	$ 30	$ 30	$ 29	$ 30
Additional Paid-in Capital
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance	302,551	300,875	293,415	288,842	300,875	288,842
Exercise of stock options and vesting of restricted stock units	13	362	136	3,586
Stock-based compensation expense	3,474	3,132	3,576	3,048
Statutory tax withholding related to net-share settlement of restricted stock units	(620)	(1,818)	(1,177)	(2,061)
Repurchase and retirement of common stock	(24,999)
Ending balance	280,419	302,551	295,950	293,415	280,419	295,950
Accumulated Other Comprehensive Loss
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance	(2,653)	(2,237)	(1,245)	(1,095)	(2,237)	(1,095)
Foreign currency translation adjustments	(1,995)	(416)	88	(150)
Ending balance	(4,648)	(2,653)	(1,157)	(1,245)	(4,648)	(1,157)
Accumulated Deficit
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance	(108,646)	(110,470)	(152,228)	(157,685)	(110,470)	(157,685)
Net income	1,837	1,824	4,560	5,457
Ending balance	$ (106,809)	$ (108,646)	$ (147,668)	$ (152,228)	$ (106,809)	$ (147,668)

Stockholders' Equity Narrative

Stockholders' Equity Narrative (Detail) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Jun. 30, 2022	Aug. 10, 2021
Equity [Abstract]
Authorized repurchase amount under share repurchase program	$ 25,000	$ 25,000
Repurchase and retirement of common stock, in shares	1,828,604
Average price per share	$ 13.67
Repurchase and retirement of common stock	$ 25,000

Goodwill and Intangible Asset_2

Goodwill and Intangible Assets - Estimated Useful Lives and Amortization Methodology (Detail)	6 Months Ended
	Jun. 30, 2022
Customer relationships
Finite-Lived Intangible Assets [Line Items]
Estimated useful life of intangible asset (in years)	7 years
Acquired technology
Finite-Lived Intangible Assets [Line Items]
Estimated useful life of intangible asset (in years)	7 years

Goodwill and Intangible Asset_3

Goodwill and Intangible Assets - Goodwill and Intangible Assets Narrative (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
Amortization expense	$ 100	$ 300	$ 300	$ 600
Goodwill [Roll Forward]
Goodwill	$ 28,986		28,986		$ 30,042
Change in goodwill			$ (1,056)

Capitalized Software Developm_2

Capitalized Software Development Costs - Additional Information (Detail) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
Property, Plant and Equipment [Abstract]
Capitalized software development costs	$ 1,000,000	$ 900,000	$ 1,900,000	$ 1,600,000
Capitalized software development costs, amortization	800,000	$ 700,000	1,600,000	$ 1,300,000
Capitalized software development costs, net	$ 5,100,000		$ 5,100,000		$ 4,800,000

Revenue from Contracts with C_3

Revenue from Contracts with Customers - Disaggregation of Revenue (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Disaggregation of Revenue [Line Items]
Revenue	$ 42,802	$ 41,543	$ 85,099	$ 80,709
Brands
Disaggregation of Revenue [Line Items]
Revenue	$ 19,111	$ 15,956	$ 37,946	$ 30,205
Revenue, percent	45%	38%	45%	37%
Retailers
Disaggregation of Revenue [Line Items]
Revenue	$ 21,590	$ 22,516	$ 42,836	$ 44,293
Revenue, percent	50%	54%	50%	55%
Other
Disaggregation of Revenue [Line Items]
Revenue	$ 2,101	$ 3,071	$ 4,317	$ 6,211
Revenue, percent	5%	7%	5%	8%

Revenue from Contracts with C_4

Revenue from Contracts with Customers - Transaction Price Allocated to Future Performance Obligations (Detail) $ in Millions	Jun. 30, 2022 USD ($)
Revenue from Contract with Customer [Abstract]
Remaining performance obligation	$ 40.5
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2022-07-01
Revenue from Contract with Customer [Abstract]
Remaining performance obligation	$ 24.7
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Performance obligation period	12 months

Revenue from Contracts with C_5

Revenue from Contracts with Customers - Additional Information (Detail) $ in Millions	6 Months Ended
	Jun. 30, 2022 USD ($)
Revenue from Contract with Customer [Line Items]
Capitalized contract cost, amortization period	5 years
Recognized previously deferred revenue	$ 24.8
Deferred contract costs, current	9.3
Revenue	$ 85.1
Payment period	30 days
Contract period	1 year
BrandsRetailersOther
Revenue from Contract with Customer [Line Items]
Contract period	12 months

Revenue from Contracts with C_6

Revenue from Contracts with Customers - Deferred Revenue (Detail) $ in Thousands	6 Months Ended
	Jun. 30, 2022 USD ($)
Deferred revenue
Balance, beginning of period	$ 30,868
Net additions	72,757
Revenue recognized from deferred revenue	(71,597)
Balance, end of period	$ 32,028

Revenue from Contracts with C_7

Revenue from Contracts with Customers - Costs to Obtain Contracts (Detail) $ in Thousands	6 Months Ended
	Jun. 30, 2022 USD ($)
Deferred contract costs
Balance, beginning of period	$ 26,959
Additions	6,807
Amortized costs	(5,861)
Balance, end of period	$ 27,905

Stock-Based Compensation - Summ

Stock-Based Compensation - Summary of Stock-Based Compensation Expense (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Stock-Based Compensation [Line Items]
Stock-based compensation expense	$ 3,474	$ 3,576	$ 6,606	$ 6,624
Cost of revenue
Stock-Based Compensation [Line Items]
Stock-based compensation expense	337	264	496	496
Sales and marketing
Stock-Based Compensation [Line Items]
Stock-based compensation expense	825	996	1,647	1,816
Research and development
Stock-Based Compensation [Line Items]
Stock-based compensation expense	620	690	1,037	1,302
General and administrative
Stock-Based Compensation [Line Items]
Stock-based compensation expense	$ 1,692	$ 1,626	$ 3,426	$ 3,010

Stock-Based Compensation - Gran

Stock-Based Compensation - Grants in Period (Detail)	6 Months Ended
	Jun. 30, 2022 $ / shares shares
Number of Shares Underlying Grant
Restricted stock units (RSUs) (in shares)	885,200
Service-based restricted stock units
Number of Shares Underlying Grant
Restricted stock units (RSUs) (in shares)	700,046
Weighted Average Grant Date Fair Value
Restricted stock units (RSUs) (in dollars per share) | $ / shares	$ 17.78
Performance-based restricted stock units
Number of Shares Underlying Grant
Restricted stock units (RSUs) (in shares)	185,154
Weighted Average Grant Date Fair Value
Restricted stock units (RSUs) (in dollars per share) | $ / shares	$ 17.78

Net Income Per Share - Calculat

Net Income Per Share - Calculation of Basic and Diluted Net Income (Loss) per Share (Detail) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended				6 Months Ended
	Jun. 30, 2022	Mar. 31, 2022	Jun. 30, 2021	Mar. 31, 2021	Jun. 30, 2022	Jun. 30, 2021
Earnings Per Share, Diluted, by Common Class, Including Two Class Method [Line Items]
Net income	$ 1,837	$ 1,824	$ 4,560	$ 5,457	$ 3,661	$ 10,017
Weighted average common shares outstanding, basic	29,949,978		29,764,013		30,110,764	29,530,369
Basic net income (loss) per share (in dollars per share)	$ 0.06		$ 0.15		$ 0.12	$ 0.34
Weighted average common shares outstanding, diluted (in shares)	30,911,784		31,402,695		31,290,204	31,269,427
Diluted net income (loss) per share (in dollars per share)	$ 0.06		$ 0.15		$ 0.12	$ 0.32
Stock options
Earnings Per Share, Diluted, by Common Class, Including Two Class Method [Line Items]
Dilutive effect (in shares)	227,244		572,474		322,521	604,491
Service-based restricted stock units
Earnings Per Share, Diluted, by Common Class, Including Two Class Method [Line Items]
Dilutive effect (in shares)	656,324		1,066,208		746,621	1,134,567
Performance-based restricted stock units
Earnings Per Share, Diluted, by Common Class, Including Two Class Method [Line Items]
Dilutive effect (in shares)	78,238		0		110,298	0

Net Income Per Share - Antidilu

Net Income Per Share - Antidilutive Equity Instruments (Detail) - shares	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Stock options
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from calculation of weighted average common shares outstanding (in shares)	157,509	22,229	22,760	22,541
Restricted stock units
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from calculation of weighted average common shares outstanding (in shares)	565,513	20,796	529,047	20,852

Income Taxes - Narrative (Detai

Income Taxes - Narrative (Details)	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Income Tax Disclosure [Abstract]
Effective tax rate	47.40%	(12.00%)	45.80%	(4.10%)
U.S. taxing authority [Member]
Statutory Tax Rate [Line Items]
Statutory tax rate	21%	21%	21%	21%

Segment and Geographic Inform_3

Segment and Geographic Information - Additional Information (Detail)	6 Months Ended
	Jun. 30, 2022 segment
Segment Reporting [Abstract]
Number of reportable segment	1
Number of operating segment	1

Segment and Geographic Inform_4

Segment and Geographic Information - Summary of Revenue by Geography (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Segment Reporting Information [Line Items]
Revenue	$ 42,802	$ 41,543	$ 85,099	$ 80,709
Domestic
Segment Reporting Information [Line Items]
Revenue	30,061	29,471	59,936	57,982
International
Segment Reporting Information [Line Items]
Revenue	$ 12,741	$ 12,072	$ 25,163	$ 22,727