2016 Q4 Form 10-Q Financial Statement

#000145920016000050 Filed on November 14, 2016

View on sec.gov

Income Statement

Concept 2016 Q4 2016 Q3 2015 Q3
Revenue $69.79M $67.85M $54.01M
YoY Change 22.62% 25.62% 26.09%
Cost Of Revenue $26.72M $26.37M $19.97M
YoY Change 32.85% 32.03% 13.8%
Gross Profit $43.08M $41.48M $34.04M
YoY Change 17.02% 21.86% 34.62%
Gross Profit Margin 61.72% 61.14% 63.03%
Selling, General & Admin $25.30M $25.51M $18.84M
YoY Change 42.13% 35.42% 26.82%
% of Gross Profit 58.73% 61.5% 55.34%
Research & Development $12.00M $11.48M $9.836M
YoY Change -9.77% 16.68% 61.4%
% of Gross Profit 27.86% 27.67% 28.9%
Depreciation & Amortization $1.800M $1.900M $1.700M
YoY Change 20.0% 11.76% 54.55%
% of Gross Profit 4.18% 4.58% 4.99%
Operating Expenses $38.90M $38.65M $30.18M
YoY Change 19.33% 28.06% 37.14%
Operating Profit $4.179M $2.835M $3.861M
YoY Change -0.78% -26.57% 17.75%
Interest Expense -$100.0K $0.00 $0.00
YoY Change 0.0%
% of Operating Profit -2.39% 0.0% 0.0%
Other Income/Expense, Net $200.0K $139.0K -$7.000K
YoY Change -166.67% -2085.71% -91.25%
Pretax Income $4.300M $2.925M $3.810M
YoY Change 10.26% -23.23% 20.61%
Income Tax $1.300M $358.0K $867.0K
% Of Pretax Income 30.23% 12.24% 22.76%
Net Earnings $2.976M $2.567M $2.943M
YoY Change -9.13% -12.78% 10.35%
Net Earnings / Revenue 4.26% 3.78% 5.45%
Basic Earnings Per Share $0.06 $0.06 $0.06
Diluted Earnings Per Share $0.06 $0.05 $0.06
COMMON SHARES
Basic Shares Outstanding 45.97M shares 45.72M shares 44.92M shares
Diluted Shares Outstanding 48.32M shares 46.87M shares

Balance Sheet

Concept 2016 Q4 2016 Q3 2015 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $140.6M $135.1M $126.6M
YoY Change 9.5% 6.71%
Cash & Equivalents $140.6M $135.1M $126.6M
Short-Term Investments
Other Short-Term Assets $9.197M $8.261M $4.535M
YoY Change 88.85% 82.16%
Inventory $10.54M $11.50M $9.625M
Prepaid Expenses
Receivables $29.81M $28.73M $21.75M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $190.2M $183.5M $166.3M
YoY Change 18.09% 10.36%
LONG-TERM ASSETS
Property, Plant & Equipment $20.18M $17.65M $12.04M
YoY Change 30.65% 46.55%
Goodwill $24.72M $24.72M $24.72M
YoY Change 0.0% 0.0%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $4.838M $5.226M $6.452M
YoY Change -27.17% -19.0%
Total Long-Term Assets $71.06M $66.80M $56.81M
YoY Change 9.25% 17.59%
TOTAL ASSETS
Total Short-Term Assets $190.2M $183.5M $166.3M
Total Long-Term Assets $71.06M $66.80M $56.81M
Total Assets $261.2M $250.3M $223.1M
YoY Change 15.55% 12.2%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $18.29M $20.03M $17.90M
YoY Change 42.74% 11.91%
Accrued Expenses $5.298M $3.034M $2.498M
YoY Change 24.84% 21.46%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $39.70M $37.21M $33.50M
YoY Change 36.52% 11.07%
LONG-TERM LIABILITIES
Long-Term Debt $6.700M $6.700M $6.700M
YoY Change 0.0% 0.0%
Other Long-Term Liabilities $13.56M $12.14M $7.487M
YoY Change 29.31% 62.12%
Total Long-Term Liabilities $20.26M $18.84M $14.19M
YoY Change 17.88% 32.78%
TOTAL LIABILITIES
Total Short-Term Liabilities $39.70M $37.21M $33.50M
Total Long-Term Liabilities $20.26M $18.84M $14.19M
Total Liabilities $70.00M $66.05M $57.32M
YoY Change 25.07% 15.22%
SHAREHOLDERS EQUITY
Retained Earnings -$117.9M -$120.9M -$131.1M
YoY Change -7.93% -7.76%
Common Stock $461.0K $459.0K $454.0K
YoY Change 1.32% 1.1%
Preferred Stock
YoY Change
Treasury Stock (at cost) $0.00 $42.00K
YoY Change -100.0%
Treasury Stock Shares 0.000 shares 35.52K shares
Shareholders Equity $191.2M $184.3M $165.8M
YoY Change
Total Liabilities & Shareholders Equity $261.2M $250.3M $223.1M
YoY Change 15.55% 12.2%

Cashflow Statement

Concept 2016 Q4 2016 Q3 2015 Q3
OPERATING ACTIVITIES
Net Income $2.976M $2.567M $2.943M
YoY Change -9.13% -12.78% 10.35%
Depreciation, Depletion And Amortization $1.800M $1.900M $1.700M
YoY Change 20.0% 11.76% 54.55%
Cash From Operating Activities $11.10M $3.600M $13.50M
YoY Change 63.24% -73.33% -13600.0%
INVESTING ACTIVITIES
Capital Expenditures -$3.000M -$3.100M -$4.500M
YoY Change -21.05% -31.11% 15.38%
Acquisitions
YoY Change
Other Investing Activities -$3.000M $0.00 -$300.0K
YoY Change 2900.0% -100.0% -40.0%
Cash From Investing Activities -$5.900M -$3.200M -$4.800M
YoY Change 51.28% -33.33% 11.63%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 500.0K 400.0K 97.10M
YoY Change -141.67% -99.59% -13971.43%
NET CHANGE
Cash From Operating Activities 11.10M 3.600M 13.50M
Cash From Investing Activities -5.900M -3.200M -4.800M
Cash From Financing Activities 500.0K 400.0K 97.10M
Net Change In Cash 5.700M 800.0K 105.8M
YoY Change 235.29% -99.24% -2174.51%
FREE CASH FLOW
Cash From Operating Activities $11.10M $3.600M $13.50M
Capital Expenditures -$3.000M -$3.100M -$4.500M
Free Cash Flow $14.10M $6.700M $18.00M
YoY Change 33.02% -62.78% 373.68%

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ImpairmentOfInvestments
0 USD
us-gaap Impairment Of Investments
ImpairmentOfInvestments
0 USD
CY2016Q3 us-gaap Impairment Of Investments
ImpairmentOfInvestments
0 USD
us-gaap Impairment Of Investments
ImpairmentOfInvestments
0 USD
CY2015Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
3810000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
13074000 USD
CY2016Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
2925000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
10105000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-285000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-60000 USD
CY2015Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
867000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4581000 USD
CY2016Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
358000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2927000 USD
CY2016Q3 us-gaap Income Tax Reconciliation Tax Credits Research
IncomeTaxReconciliationTaxCreditsResearch
200000 USD
us-gaap Income Tax Reconciliation Tax Credits Research
IncomeTaxReconciliationTaxCreditsResearch
200000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
6043000 USD
us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
130000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
2724000 USD
us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
-49000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
5030000 USD
us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
4784000 USD
us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
1801000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
1904000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
3056000 USD
CY2015Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1950285 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2016Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
2602991 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
2125966 shares
CY2015Q3 us-gaap Interest Expense Long Term Debt
InterestExpenseLongTermDebt
44000 USD
us-gaap Interest Expense Long Term Debt
InterestExpenseLongTermDebt
128000 USD
CY2016Q3 us-gaap Interest Expense Long Term Debt
InterestExpenseLongTermDebt
49000 USD
us-gaap Interest Expense Long Term Debt
InterestExpenseLongTermDebt
137000 USD
CY2015Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
3448000 USD
CY2016Q3 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
6140000 USD
CY2015Q4 us-gaap Inventory Net
InventoryNet
6474000 USD
CY2016Q3 us-gaap Inventory Net
InventoryNet
11504000 USD
CY2015Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
3026000 USD
CY2016Q3 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
5364000 USD
CY2015Q3 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
1200000 USD
us-gaap Lease And Rental Expense
LeaseAndRentalExpense
3600000 USD
CY2016Q3 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
1200000 USD
us-gaap Lease And Rental Expense
LeaseAndRentalExpense
3800000 USD
CY2014Q3 us-gaap Lessee Leasing Arrangements Operating Leases Renewal Term
LesseeLeasingArrangementsOperatingLeasesRenewalTerm
P5Y
CY2015Q4 us-gaap Liabilities
Liabilities
55964000 USD
CY2016Q3 us-gaap Liabilities
Liabilities
66048000 USD
CY2015Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
226095000 USD
CY2016Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
250348000 USD
CY2015Q4 us-gaap Liabilities Current
LiabilitiesCurrent
29079000 USD
CY2016Q3 us-gaap Liabilities Current
LiabilitiesCurrent
37213000 USD
CY2015Q4 us-gaap Liability For Uncertain Tax Positions Noncurrent
LiabilityForUncertainTaxPositionsNoncurrent
500000 USD
CY2016Q3 us-gaap Liability For Uncertain Tax Positions Noncurrent
LiabilityForUncertainTaxPositionsNoncurrent
800000 USD
CY2015Q3 us-gaap License And Services Revenue
LicenseAndServicesRevenue
36158000 USD
us-gaap License And Services Revenue
LicenseAndServicesRevenue
102247000 USD
CY2016Q3 us-gaap License And Services Revenue
LicenseAndServicesRevenue
44630000 USD
us-gaap License And Services Revenue
LicenseAndServicesRevenue
126652000 USD
CY2015Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
6700000 USD
CY2016Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
6700000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
76593000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
3367000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-13740000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-5481000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
21176000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
8806000 USD
CY2015Q3 us-gaap Net Income Loss
NetIncomeLoss
2943000 USD
us-gaap Net Income Loss
NetIncomeLoss
8493000 USD
CY2016Q3 us-gaap Net Income Loss
NetIncomeLoss
2567000 USD
us-gaap Net Income Loss
NetIncomeLoss
7178000 USD
CY2015Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
2898000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-10494000 USD
CY2016Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
2567000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
7178000 USD
us-gaap Noncash Or Part Noncash Acquisition Value Of Liabilities Assumed1
NoncashOrPartNoncashAcquisitionValueOfLiabilitiesAssumed1
880000 USD
us-gaap Noncash Or Part Noncash Acquisition Value Of Liabilities Assumed1
NoncashOrPartNoncashAcquisitionValueOfLiabilitiesAssumed1
5000 USD
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
CY2015Q3 us-gaap Operating Expenses
OperatingExpenses
30177000 USD
us-gaap Operating Expenses
OperatingExpenses
81438000 USD
CY2016Q3 us-gaap Operating Expenses
OperatingExpenses
38645000 USD
us-gaap Operating Expenses
OperatingExpenses
108743000 USD
CY2015Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
3861000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
13264000 USD
CY2016Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
2835000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
9904000 USD
CY2015Q4 us-gaap Other Accrued Liabilities Noncurrent
OtherAccruedLiabilitiesNoncurrent
2049000 USD
CY2016Q3 us-gaap Other Accrued Liabilities Noncurrent
OtherAccruedLiabilitiesNoncurrent
2059000 USD
CY2015Q4 us-gaap Other Assets Current
OtherAssetsCurrent
4870000 USD
CY2016Q3 us-gaap Other Assets Current
OtherAssetsCurrent
8261000 USD
CY2015Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
6643000 USD
CY2016Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
5226000 USD
CY2015Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
2219000 USD
CY2016Q3 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
4473000 USD
CY2015Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
10484000 USD
CY2016Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
12138000 USD
CY2015Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-7000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-62000 USD
CY2016Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
139000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
338000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
0 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
131000 USD
us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
0 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
1000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
12000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
1013000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
0 USD
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
18930000 USD
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
0 USD
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
2632000 USD
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
0 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
5849000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 USD
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
1000000 USD
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
1600000 USD
us-gaap Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
54000 USD
us-gaap Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
139000 USD
us-gaap Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
317000 USD
us-gaap Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
73000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
6520000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
6110000 USD
CY2015Q3 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
0 USD
us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
18987000 USD
CY2016Q3 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
0 USD
us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
0 USD
CY2015Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2016Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2015Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
CY2016Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
CY2015Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2016Q3 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2015Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2016Q3 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2015Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2016Q3 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
97976000 USD
us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
0 USD
us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
300000 USD
us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
1202000 USD
CY2015Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
15446000 USD
CY2016Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
17645000 USD
CY2015Q3 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
100000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
400000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
420000 USD
CY2016Q3 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
200000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
400000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
415000 USD
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
2300000 USD
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
1700000 USD
us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
1202000 USD
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P6Y4M24D
CY2016Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
11477000 USD
CY2015Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
9836000 USD
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
26667000 USD
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
32224000 USD
CY2015Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-128063000 USD
CY2016Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-120885000 USD
us-gaap Sales Returns And Allowances Goods
SalesReturnsAndAllowancesGoods
1148000 USD
us-gaap Sales Returns And Allowances Goods
SalesReturnsAndAllowancesGoods
1537000 USD
CY2015Q3 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
17849000 USD
us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
49720000 USD
CY2016Q3 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
23216000 USD
us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
64660000 USD
CY2015Q3 us-gaap Sales Revenue Net
SalesRevenueNet
54007000 USD
us-gaap Sales Revenue Net
SalesRevenueNet
151967000 USD
CY2016Q3 us-gaap Sales Revenue Net
SalesRevenueNet
67846000 USD
us-gaap Sales Revenue Net
SalesRevenueNet
191312000 USD
CY2015Q3 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
8425000 USD
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
24405000 USD
CY2016Q3 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
10705000 USD
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
29532000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
2678000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
2880000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
3100000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
7576000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
7600000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
0 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
86099 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
514276 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
588900 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
5.79
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
8.25
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
44411000 USD
CY2016Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
84430000 USD
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
3547913 shares
CY2016Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
3729428 shares
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
4.17
CY2016Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
6.23
CY2016Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue
58571000 USD
CY2016Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableNumber
2266851 shares
CY2016Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageExercisePrice
3.02
CY2016Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
83650000 USD
CY2016Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
3682475 shares
CY2016Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
6.14
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
1.86
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
0.00
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
9.35
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
16.76
CY2015 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P6Y7M6D
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P6Y6M
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageRemainingContractualTerm1
P5Y3M18D
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
321286 shares
CY2015Q4 us-gaap Stockholders Equity
StockholdersEquity
170131000 USD
CY2016Q3 us-gaap Stockholders Equity
StockholdersEquity
184300000 USD
CY2015Q4 us-gaap Treasury Stock Common Shares
TreasuryStockCommonShares
35523 shares
CY2016Q3 us-gaap Treasury Stock Common Shares
TreasuryStockCommonShares
0 shares
CY2015Q4 us-gaap Treasury Stock Common Value
TreasuryStockCommonValue
42000 USD
CY2016Q3 us-gaap Treasury Stock Common Value
TreasuryStockCommonValue
0 USD
us-gaap Treasury Stock Retired Cost Method Amount
TreasuryStockRetiredCostMethodAmount
0 USD
CY2015Q3 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
45000 USD
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
0 USD
CY2016Q3 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
0 USD
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
0 USD
CY2015Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
46872695 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
16910090 shares
CY2016Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
48319952 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
47741365 shares
CY2015Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
44922410 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
16910090 shares
CY2016Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
45716961 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
45615399 shares
us-gaap Nature Of Operations
NatureOfOperations
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:16px;font-size:9pt;"><font style="font-family:Arial;font-size:9pt;font-weight:bold;">Organization</font></div><div style="line-height:120%;padding-top:16px;text-indent:24px;font-size:9pt;"><font style="font-family:Arial;font-size:9pt;">Alarm.com Holdings, Inc. (referred to herein as &#8220;Alarm.com&#8221;, the &#8220;Company&#8221;, or &#8220;we&#8221;) is the leading platform solution for the connected home. Through our cloud-based services, we make connected home technology broadly accessible to millions of home and business owners. Our multi-tenant software-as-a-service (&#8220;SaaS&#8221;) platform enables home and business owners to intelligently secure their properties and automate and control a broad array of connected devices through a single, intuitive interface. Our solutions are delivered through an established network of over </font><font style="font-family:Arial;font-size:9pt;">6,000</font><font style="font-family:Arial;font-size:9pt;"> trusted service providers, who are experts at designing, selling, installing and supporting our solutions. Our </font><font style="font-family:Arial;font-size:9pt;">four</font><font style="font-family:Arial;font-size:9pt;"> primary solutions are interactive security, intelligent automation, video monitoring and energy management, which can be used individually or integrated into a single user interface. We derive revenue from the sale of our SaaS solutions over an integrated platform, license fees, hardware, activation fees and other revenue. Our fiscal year ends on December&#160;31</font><font style="font-family:Arial;font-size:9pt;"><sup style="vertical-align:top;line-height:120%;font-size:6pt">st</sup></font><font style="font-family:Arial;font-size:9pt;">.</font></div></div>
us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:16px;font-size:9pt;"><font style="font-family:Arial;font-size:9pt;font-style:italic;font-weight:bold;">Use of Estimates</font></div><div style="line-height:120%;padding-top:16px;text-indent:24px;font-size:9pt;"><font style="font-family:Arial;font-size:9pt;">The preparation of consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities as of the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Our estimates, judgments and assumptions are continually evaluated based on available information and experience. Because the use of estimates is inherent in the financial reporting process, actual results could differ from our estimates. Estimates are used when accounting for revenue recognition, allowances for doubtful accounts receivable, allowance for hardware returns, estimates of obsolete inventory, long-term incentive compensation, stock-based compensation, income taxes, legal reserves, contingent consideration liability, goodwill and intangible assets.</font></div></div>

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