Overview
- IndustryServices-Mailing, Reproduction, Commercial Art & Photography1
- HeadquartersSan Ramon, California1
- Business address12657 Alcosta Blvd., Suite 200, San Ramon, Ca 945832
- Filer categoryAccelerated filer, Smaller reporting company2
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ARC Document Solutions Inc. is a digital printing company. We provide digital printing and document-related services to customers in a growing variety of industries. Our primary services are:4 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2023
Where the money goes
Where each dollar of revenue went, fiscal 2023
- Cost of revenue66¢$186.8M
- Research and development2¢$6.2M
- Selling, general and admin27¢$76.3M
- Interest1¢$1.6M
- Income tax2¢$4.4M
- Profit3¢$8.2M
Out of $281.2M in revenue.5
Where each dollar of operating cash went, fiscal 2023
- Capital spending29¢$10.8M
- Dividends paid23¢$8.5M
- Share buybacks10¢$3.5M
- Kept or used elsewhere38¢$13.8M
Out of $36.6M of cash from operations.5
Financial statements
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| Revenue | $394.6M6 | $400.8M6 | $382.4M7 | $289.5M8 | $272.2M9 | $286.0M5 | $281.2M5 |
| Cost of revenue | $270.6M6 | $269.9M10 | $257.2M7 | $196.6M8 | $184.6M9 | $190.0M5 | $186.8M5 |
| Gross profit | $124.0M6 | $130.8M10 | $125.2M7 | $92.9M8 | $87.7M9 | $96.0M5 | $94.4M5 |
| Research and development | $6.9M6 | $8.4M10 | $9.3M7 | $7.0M8 | $6.4M9 | $6.5M5 | $6.2M5 |
| Selling, general and admin | $101.9M6 | $109.1M10 | $107.3M7 | $79.0M8 | $72.3M9 | $77.5M5 | $76.3M5 |
| Operating income | $217.0K6 | $17.9M10 | $14.1M7 | $12.4M8 | $15.1M9 | $18.4M5 | $14.0M5 |
| Interest | $6.2M6 | $5.9M10 | $5.2M7 | $3.9M8 | $2.1M9 | $1.8M5 | $1.6M5 |
| Income before tax | $13.0M9 | $16.6M5 | $12.5M5 | ||||
| Income tax | $15.2M6 | $3.3M10 | $5.7M7 | $2.7M8 | $4.2M9 | $5.8M5 | $4.4M5 |
| Net income | -$21.5M6 | $8.9M10 | $3.0M7 | $6.2M8 | $9.1M9 | $11.1M5 | $8.2M5 |
| Earnings per share | -$0.476 | $0.2010 | $0.077 | $0.148 | $0.229 | $0.265 | $0.195 |
| Earnings per share (diluted) | -$0.476 | $0.2010 | $0.077 | $0.148 | $0.219 | $0.265 | $0.195 |
| Shares (weighted, basic) | 42.2M shares9 | 42.2M shares5 | 42.5M shares5 | ||||
| Shares (weighted, diluted) | 42.7M shares9 | 43.3M shares5 | 43.5M shares5 |
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| Cash | $28.1M6 | $29.4M10 | $29.4M7 | $55.0M8 | $55.9M9 | $52.6M5 | $56.1M5 |
| Receivables | $39.4M9 | $38.7M5 | $35.8M5 | ||||
| Inventory | $8.8M9 | $8.6M5 | $8.8M5 | ||||
| Current assets | $114.5M6 | $115.4M10 | $106.4M7 | $108.7M8 | $112.5M9 | $107.5M5 | $108.7M5 |
| Property, plant and equipment | $45.2M9 | $40.2M5 | $40.9M5 | ||||
| Goodwill | $121.1M5 | $121.1M5 | $121.1M5 | ||||
| Intangible assets | $325.0K9 | $208.0K5 | $162.0K5 | ||||
| Total assets | $339.4M6 | $339.7M10 | $363.2M7 | $345.4M8 | $324.0M9 | $307.3M5 | $310.1M5 |
| Accounts payable | $22.8M9 | $23.0M5 | $24.2M5 | ||||
| Current liabilities | $74.9M6 | $81.0M10 | $86.4M7 | $76.2M8 | $75.5M9 | $72.6M5 | $71.2M5 |
| Total liabilities | $201.8M6 | $192.4M10 | $213.1M7 | $191.1M8 | $165.0M9 | $151.0M5 | $154.4M5 |
| Retained earnings | $41.8M9 | $44.4M5 | $44.1M5 | ||||
| Shareholders’ equity | $130.2M6 | $140.3M10 | $143.4M7 | $147.7M8 | $152.4M9 | $154.4M5 | $154.1M5 |
| Shares outstanding | 45.3M shares6 | 45.8M shares10 | 45.2M shares7 | 42.8M shares8 | 43.1M shares9 | 43.1M shares5 | 42.8M shares5 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| Cash from operations | $52.4M6 | $55.0M10 | $52.8M7 | $54.5M8 | $35.8M9 | $37.2M5 | $36.6M5 |
| Stock-based compensation | $1.7M9 | $1.8M5 | $2.2M5 | ||||
| Capital spending | $9.1M6 | $14.9M10 | $12.9M7 | $6.4M8 | $3.6M9 | $5.9M5 | $10.8M5 |
| Free cash flow | $43.3M | $40.0M | $39.9M | $48.0M | $32.2M | $31.3M | $25.8M |
| Cash from investing | -$3.2M9 | -$5.6M5 | -$10.4M5 | ||||
| Dividends paid | $07 | $870.0K8 | $2.9M9 | $8.4M5 | $8.5M5 | ||
| Share buybacks | $3.4M6 | $60.0K10 | $2.1M7 | $3.2M8 | $2.1M9 | $2.1M5 | $3.5M5 |
| Cash from financing | -$32.0M9 | -$34.2M5 | -$22.6M5 | ||||
| Dividend per share | $0.119 | $0.205 | $0.205 |
Corporate structure
ARC DOCUMENT SOLUTIONS, INC. sits at the top of its group. 11 entities, 6 countries on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of ARC DOCUMENT SOLUTIONS, INC.
- RENAISSANCE TECHNOLOGIES LLC Filed SCHEDULE 13G/A on ARC DOCUMENT SOLUTIONS, INC., latest Feb 13, 2025 (4 filings since Feb 11, 2022)
- Kumarakulasingam Suriyakumar Filed SC 13D/A on ARC DOCUMENT SOLUTIONS, INC., latest Nov 22, 2024 (7 filings since Feb 14, 2022)
- Verdad Advisers, LP Filed SC 13G/A on ARC DOCUMENT SOLUTIONS, INC., latest Feb 10, 2022
- ARC DOCUMENT SOLUTIONS, INC. San Ramon, California
- ARC Acquisition Corporation Subsidiary · California, United States
- ARC Digital Canada Corp. Subsidiary · British Columbia, Canada
- ARC Document Solutions India Pvt. Ltd. Subsidiary · India
- ARC Reprographics Canada Corp. Subsidiary · British Columbia, Canada
- ARC — UK Technologies Limited Subsidiary · United Kingdom
- Reprografia Digital de Mexico, S.A. de C.V. Subsidiary · Mexico
- Reprographics Fort Worth, Inc. Subsidiary · Delaware, United States
- Shenzhen Unis - Printing Document Solutions Co., Ltd Subsidiary · China
- SkySite Technologies, Inc. Subsidiary · Delaware, United States
- UNIS Document Solutions Co., Ltd. Subsidiary · China
Built from subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What ARC DOCUMENT SOLUTIONS, INC. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, net | $40.9M5 Dec 31, 2023 | $40.2M5 Dec 31, 2022 | +1.8% |
| Finance-lease assets | $19.2M5 Dec 31, 2023 | $22.3M5 Dec 31, 2022 | −13.9% |
| Operating-lease assets (leased space) | $32.8M5 Dec 31, 2023 | $28.2M5 Dec 31, 2022 | +16.6% |
Investments
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Goodwill | $121.1M5 Dec 31, 2023 | $121.1M5 Dec 31, 2022 | 0% |
| Finite-lived intangibles, gross | $119.4M5 Dec 31, 2023 | $119.4M5 Dec 31, 2022 | +0.1% |
| Accumulated amortization | $119.3M5 Dec 31, 2023 | $119.2M5 Dec 31, 2022 | +0.1% |
| Finite-lived intangibles, net | $162.0K5 Dec 31, 2023 | $208.0K5 Dec 31, 2022 | −22.1% |
Inventory
Leadership
Who has led ARC DOCUMENT SOLUTIONS, INC., and when. Pick a name to see everywhere that person has worked.
Chief financial officer
Chief operating officer
- Chief executive officerKumarakulasingam Suriyakumar Aug 20, 2007 to Nov 22, 202414
- Chief executive officerSathiyamurthy Chandramohan Jan 4, 2006 to Mar 29, 200715
- ChairKumarakulasingam Suriyakumar Nov 25, 2008 to Nov 22, 202416
- ChairSathiyamurthy Chandramohan Jan 4, 2006 to Mar 29, 200715
- PresidentDilantha Wijesuriya Dec 22, 2022 to Nov 22, 202417
- PresidentKumarakulasingam Suriyakumar Jan 4, 2006 to Feb 11, 202218
- Chief financial officerJorge Avalos Feb 3, 2015 to Nov 22, 202419
- Chief financial officerJohn E.d. Toth Jul 28, 2011 to Oct 2, 201420
- Chief financial officerMark W. Legg Dec 1, 2006 to Feb 14, 200721
- Chief financial officerJonathan Mather Dec 12, 2006 to Apr 22, 200822
- Chief operating officerDilantha Wijesuriya Mar 21, 2011 to Nov 22, 202423
- Chief operating officerKumarakulasingam Suriyakumar Jan 4, 2006 to Mar 29, 200718
Board members and other officers (14)
- VP, Sr. Corp. Counsel & SectyDennis Jeffery Grimes Jun 9, 2014 to Jul 2, 201824
- Chief Accounting OfficerJorge Avalos Apr 22, 2011 to Jun 4, 201425
- Senior VP National OperationsDilantha Wijesuriya Aug 14, 2008 to Nov 9, 200926
- CTORahul K. Roy Apr 12, 2006 to Nov 22, 202427
- Board memberTracey Luttrell May 11, 2020 to Nov 22, 202428
- Board memberBradford L. Brooks Apr 27, 2018 to Nov 22, 202429
- Board memberJohn Freeland May 4, 2016 to May 1, 201930
- Board memberJames F. McNulty Apr 28, 2009 to Jan 15, 201931
- Board memberKumarakulasingam Suriyakumar Jan 4, 2006 to Aug 20, 200718
- Board memberDewitt Kerry McCluggage Feb 10, 2006 to May 25, 202132
- Board memberThomas J. Formolo Apr 12, 2006 to May 1, 201933
- Board memberDe La Mesa Manuel J. Perez May 24, 2006 to Mar 15, 201834
- Board memberMark W. Mealy May 24, 2006 to Nov 22, 202435
- Board memberEriberto R. Scocimara May 26, 2006 to Apr 29, 201636
Subsidiaries and ownership
Subsidiaries (Exhibit 21)
- ARC Acquisition Corporation California3
- ARC Digital Canada Corp. British Columbia3
- ARC Document Solutions India Pvt. Ltd. India3
- ARC Document Solutions, LLC Texas3
- ARC Reprographics Canada Corp. British Columbia3
- ARC — UK Technologies Limited United Kingdom3
- Reprografia Digital de Mexico, S.A. de C.V. Mexico3
- Reprographics Fort Worth, Inc. Delaware3
- Shenzhen Unis - Printing Document Solutions Co., Ltd People's Republic of China3
- SkySite Technologies, Inc. Delaware3
- UNIS Document Solutions Co., Ltd. People's Republic of China3
The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.
Former names
- American Reprographics COOct 15, 2004 to Jan 28, 20132
Timeline
- Nov 22, 20248-K Entered a material agreement; Ended a material agreement; Completed an acquisition or sale37
- Nov 21, 20248-K Shareholder vote38
- Nov 4, 20248-K Results of operations39
- Oct 15, 20248-K Other events40
- Sep 11, 20248-K Entered a material agreement41
- Aug 28, 20248-K Entered a material agreement; Other events42
- Aug 7, 20248-K Results of operations43
- Aug 2, 20248-K Other events44
- Jul 1, 20248-K Other events45
- May 7, 20248-K Results of operations; Shareholder vote46
- May 6, 20248-K Other events47
- Feb 28, 20248-K Results of operations48
- Aug 20, 2007New chief executive Kumarakulasingam Suriyakumar becomes CEO14
- Jan 4, 2006New chief executive Sathiyamurthy Chandramohan becomes CEO15
Calendar
When it reported results
- Nov 4, 2024Reported quarterly or annual results39
- Aug 7, 2024Reported quarterly or annual results43
- May 7, 2024Reported quarterly or annual results46
- Feb 28, 2024Reported quarterly or annual results48
- Nov 2, 2023Reported quarterly or annual results49
- Aug 2, 2023Reported quarterly or annual results50
- May 3, 2023Reported quarterly or annual results51
- Feb 22, 2023Reported quarterly or annual results52
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
165 filings to the SEC since October 2021: 3 annual reports, 10 quarterly reports, 37 major events, 75 insider forms, 12 large holders, 28 other. The latest 20:
- Feb 13, 2025SCHEDULE 13G/A EDGAR
- Dec 2, 202415-12G EDGAR
- Nov 26, 2024EFFECT EDGAR
- Nov 22, 2024SC 13D/A EDGAR
- Nov 22, 20244 EDGAR
- Nov 22, 20244 EDGAR
- Nov 22, 20244 EDGAR
- Nov 22, 20244 EDGAR
- Nov 22, 20244 EDGAR
- Nov 22, 20244 EDGAR
- Nov 22, 20244 EDGAR
- Nov 22, 20244 EDGAR
- Nov 22, 2024S-8 POS S-8 POS (333-195757) EDGAR
- Nov 22, 2024S-8 POS S-8 POS (333-224451) EDGAR
- Nov 22, 2024S-8 POS S-8 POS (333-239256) EDGAR
- Nov 22, 2024S-8 POS S-8 POS (333-255852) EDGAR
- Nov 22, 2024S-8 POS S-8 POS (333-272376) EDGAR
- Nov 22, 2024S-8 POS EDGAR
- Nov 22, 2024POS AM EDGAR
- Nov 22, 2024SC 13E3/A EDGAR
The 165 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
36 open-market trades by officers, directors and large owners since October 2021: 31 buys and 5 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Mar 2, 2023 | Roy Rahul KChief Technology Officer | Sale | 23,230 | $3.20 | $74.3K | Form 4 |
| Dec 15, 2022 | Suriyakumar KumarakulasingamChairman and CEO | Sale | 80,000 | $2.76 | $220.8K | Form 4 |
| Dec 14, 2022 | Suriyakumar KumarakulasingamChairman and CEO | Sale | 80,000 | $2.84 | $227.2K | Form 4 |
| Dec 13, 2022 | Suriyakumar KumarakulasingamChairman and CEO | Sale | 24,287 | $2.86 | $69.5K | Form 4 |
| Aug 12, 2022 | Brooks Bradford L.Director | Buy | 7,248 | $3.09 | $22.4K | Form 4 |
| Aug 11, 2022 | Brooks Bradford L.Director | Buy | 752 | $2.96 | $2.2K | Form 4 |
| Aug 10, 2022 | Brooks Bradford L.Director | Buy | 6,000 | $2.95 | $17.7K | Form 4 |
| Aug 9, 2022 | Brooks Bradford L.Director | Buy | 2,000 | $2.94 | $5.9K | Form 4 |
| Aug 8, 2022 | Brooks Bradford L.Director | Buy | 2,000 | $2.86 | $5.7K | Form 4 |
| Dec 14, 2021 | Chairman and CEO | Buy | 6,807 | $3.25 | $22.1K | Form 4 |
| Dec 13, 2021 | Chairman and CEO | Buy | 35,091 | $3.24 | $113.7K | Form 4 |
| Dec 10, 2021 | MEALY MARK WDirector | Buy | 13,000 | $3.14 | $40.8K | Form 4 |
| Dec 8, 2021 | Suriyakumar KumarakulasingamChairman and CEO | Buy | 19,289 | $2.99 | $57.7K | Form 4 |
| Dec 7, 2021 | Suriyakumar KumarakulasingamChairman and CEO | Buy | 24,333 | $2.99 | $72.8K | Form 4 |
| Dec 6, 2021 | Suriyakumar KumarakulasingamChairman and CEO | Buy | 16,213 | $2.72 | $44.1K | Form 4 |
| Dec 2, 2021 | Roy Rahul KChief Technology Officer | Sale | 54,456 | $2.70 | $147.0K | Form 4 |
| Dec 1, 2021 | Suriyakumar KumarakulasingamChairman and CEO | Buy | 21,706 | $2.85 | $61.9K | Form 4 |
| Nov 30, 2021 | Suriyakumar KumarakulasingamChairman and CEO | Buy | 21,999 | $2.95 | $64.9K | Form 4 |
| Nov 29, 2021 | Suriyakumar KumarakulasingamChairman and CEO | Buy | 13,774 | $2.99 | $41.2K | Form 4 |
| Nov 24, 2021 | Suriyakumar KumarakulasingamChairman and CEO | Buy | 11,225 | $2.97 | $33.3K | Form 4 |
All 36 trades can be filtered by person here when JavaScript is on.
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- RENAISSANCE TECHNOLOGIES LLCSCHEDULE 13G/A, 4 filings Feb 11, 2022 to Feb 13, 202553
- Kumarakulasingam SuriyakumarSC 13D/A, 7 filings Feb 14, 2022 to Nov 22, 202454
- Verdad Advisers, LPSC 13G/A, 1 filing Feb 10, 202255
SEC filer profile
How ARC DOCUMENT SOLUTIONS, INC. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARARC DOCUMENT SOLUTIONS, INC.1
- CIK0001305168
- Employer ID (EIN)20-17003611
- Filer statusAccelerated filer<br>smaller reporting company1
- Fiscal year endsDecember 311
- Industry code (SIC)7330 Services-Mailing, Reproduction, Commercial Art & Photography1
- SEC reviewing officeOffice of Trade & Services, Division of Corporation Finance1
- Business address12657 Alcosta Blvd., Suite 200, San Ramon, CA 945831
- Phone(925) 949-51261
- Shares outstanding43,262,384 as of Oct 21, 202413
- Public float$117.9M as of Jun 30, 20235
- On EDGAR sinceOct 15, 20041
- Filings940 in all: 4 (408), 8-K (177), SC 13G/A (71), 10-Q (60), SC 13G (28), 3 (26), 10-K (20), DEF 14A (19)1
All 45 form types
5 (14), UPLOAD (13), 4/A (12), ARS (9), CORRESP (9), SC 13D/A (8), DEFA14A (7), S-8 (6), S-8 POS (6), 3/A (4), S-1/A (4), 424B4 (3), 424B5 (3), 8-K/A (3), SC 13E3/A (3), 424A (2), EFFECT (2), POS AM (2), SC 13D (2), SC TO-I/A (2), 15-12G (1), 25-NSE (1), 5/A (1), 8-A12B (1), CERTNYS (1), DEFM14A (1), PREM14A (1), PRER14A (1), REGDEX (1), S-1 (1), S-3 (1), S-3/A (1), S-3ASR (1), S-4 (1), SC 13E3 (1), SC TO-I (1), SCHEDULE 13G/A (1)
- Latest filingsAnnual report (10-K) Feb 29, 2024
Quarterly report (10-Q) Nov 4, 2024
Proxy statement (DEF 14A) Mar 28, 2024
Latest 8-K (8-K) Nov 22, 2024
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 16SEC EDGARKumarakulasingam Suriyakumar, Chair
- 17SEC EDGARDilantha Wijesuriya, President
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- 27SEC EDGARRahul K. Roy, CTO
- 28SEC EDGARTracey Luttrell, Board member
- 29SEC EDGARBradford L. Brooks, Board member
- 30SEC EDGARJohn Freeland, Board member
- 31SEC EDGARJames F. McNulty, Board member
- 32
- 33SEC EDGARThomas J. Formolo, Board member
- 34
- 35SEC EDGARMark W. Mealy, Board member
- 36SEC EDGAREriberto R. Scocimara, Board member
- 37
- 38SEC EDGARShareholder vote
- 39SEC EDGARResults of operations
- 40SEC EDGAROther events
- 41SEC EDGAREntered a material agreement
- 42
- 43SEC EDGARResults of operations
- 44SEC EDGAROther events
- 45SEC EDGAROther events
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- 47SEC EDGAROther events
- 48SEC EDGARResults of operations
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