2018 Q2 Form 10-Q Financial Statement
#000145920018000028 Filed on August 07, 2018
Income Statement
Concept | 2018 Q2 | 2017 Q2 |
---|---|---|
Revenue | $104.5M | $85.99M |
YoY Change | 21.51% | 33.47% |
Cost Of Revenue | $36.49M | $29.84M |
YoY Change | 22.3% | 18.47% |
Gross Profit | $68.00M | $56.15M |
YoY Change | 21.1% | 43.1% |
Gross Profit Margin | 65.08% | 65.3% |
Selling, General & Admin | $32.73M | $25.35M |
YoY Change | 29.12% | 5.44% |
% of Gross Profit | 48.13% | 45.14% |
Research & Development | $21.52M | $20.06M |
YoY Change | 7.27% | 86.16% |
% of Gross Profit | 31.65% | 35.73% |
Depreciation & Amortization | $5.600M | $5.200M |
YoY Change | 7.69% | 173.68% |
% of Gross Profit | 8.24% | 9.26% |
Operating Expenses | $59.49M | $50.26M |
YoY Change | 18.37% | 37.95% |
Operating Profit | $8.510M | $5.896M |
YoY Change | 44.34% | 109.97% |
Interest Expense | -$800.0K | -$700.0K |
YoY Change | 14.29% | |
% of Operating Profit | -9.4% | -11.87% |
Other Income/Expense, Net | $420.0K | $137.0K |
YoY Change | 206.57% | 55.68% |
Pretax Income | $8.179M | $5.359M |
YoY Change | 52.62% | 88.1% |
Income Tax | -$2.600M | -$4.506M |
% Of Pretax Income | -31.79% | -84.08% |
Net Earnings | $10.73M | $9.865M |
YoY Change | 8.8% | 426.7% |
Net Earnings / Revenue | 10.27% | 11.47% |
Basic Earnings Per Share | $0.23 | $0.21 |
Diluted Earnings Per Share | $0.22 | $0.20 |
COMMON SHARES | ||
Basic Shares Outstanding | 47.44M shares | 46.44M shares |
Diluted Shares Outstanding | 49.50M shares | 49.00M shares |
Balance Sheet
Concept | 2018 Q2 | 2017 Q2 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $106.0M | $68.90M |
YoY Change | 53.85% | -48.66% |
Cash & Equivalents | $106.0M | $68.92M |
Short-Term Investments | ||
Other Short-Term Assets | $20.68M | $16.03M |
YoY Change | 29.01% | 147.35% |
Inventory | $14.72M | $10.26M |
Prepaid Expenses | ||
Receivables | $52.55M | $41.99M |
Other Receivables | $0.00 | $0.00 |
Total Short-Term Assets | $193.9M | $137.2M |
YoY Change | 41.34% | -22.75% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $26.59M | $22.61M |
YoY Change | 17.59% | 30.23% |
Goodwill | $63.59M | $64.09M |
YoY Change | -0.78% | 159.24% |
Intangibles | ||
YoY Change | ||
Long-Term Investments | ||
YoY Change | ||
Other Assets | $13.21M | $7.453M |
YoY Change | 77.27% | 88.78% |
Total Long-Term Assets | $208.9M | $219.0M |
YoY Change | -4.64% | 240.5% |
TOTAL ASSETS | ||
Total Short-Term Assets | $193.9M | $137.2M |
Total Long-Term Assets | $208.9M | $219.0M |
Total Assets | $402.8M | $356.2M |
YoY Change | 13.07% | 47.25% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $21.52M | $23.64M |
YoY Change | -8.98% | 9.68% |
Accrued Expenses | $7.562M | $5.498M |
YoY Change | 37.54% | 54.74% |
Deferred Revenue | $3.460M | |
YoY Change | ||
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | ||
YoY Change | ||
Total Short-Term Liabilities | $45.65M | $48.22M |
YoY Change | -5.34% | 34.65% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $69.00M | $72.70M |
YoY Change | -5.09% | 985.07% |
Other Long-Term Liabilities | $13.44M | $14.22M |
YoY Change | -5.45% | 19.75% |
Total Long-Term Liabilities | $82.44M | $86.92M |
YoY Change | -5.15% | 368.02% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $45.65M | $48.22M |
Total Long-Term Liabilities | $82.44M | $86.92M |
Total Liabilities | $136.6M | $145.0M |
YoY Change | -5.77% | 125.27% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | -$64.31M | -$104.1M |
YoY Change | -38.23% | -15.68% |
Common Stock | $477.0K | $467.0K |
YoY Change | 2.14% | 2.41% |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $266.2M | $211.3M |
YoY Change | ||
Total Liabilities & Shareholders Equity | $402.8M | $356.2M |
YoY Change | 13.07% | 47.25% |
Cashflow Statement
Concept | 2018 Q2 | 2017 Q2 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $10.73M | $9.865M |
YoY Change | 8.8% | 426.7% |
Depreciation, Depletion And Amortization | $5.600M | $5.200M |
YoY Change | 7.69% | 173.68% |
Cash From Operating Activities | $11.70M | $11.70M |
YoY Change | 0.0% | 1850.0% |
INVESTING ACTIVITIES | ||
Capital Expenditures | -$3.100M | -$3.100M |
YoY Change | 0.0% | 47.62% |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | $0.00 | -$3.000M |
YoY Change | -100.0% | 1400.0% |
Cash From Investing Activities | -$3.100M | -$6.100M |
YoY Change | -49.18% | 190.48% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | 600.0K | 0.000 |
YoY Change | -100.0% | |
NET CHANGE | ||
Cash From Operating Activities | 11.70M | 11.70M |
Cash From Investing Activities | -3.100M | -6.100M |
Cash From Financing Activities | 600.0K | 0.000 |
Net Change In Cash | 9.200M | 5.600M |
YoY Change | 64.29% | -429.41% |
FREE CASH FLOW | ||
Cash From Operating Activities | $11.70M | $11.70M |
Capital Expenditures | -$3.100M | -$3.100M |
Free Cash Flow | $14.80M | $14.80M |
YoY Change | 0.0% | 448.15% |
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|
4369000 | USD |
us-gaap |
Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
|
5586000 | USD | |
CY2018Q2 | us-gaap |
Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
|
3492000 | USD |
us-gaap |
Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
|
3941000 | USD | |
CY2017Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
24917000 | USD |
CY2018Q2 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
32534000 | USD |
CY2017Q4 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
119203000 | USD |
CY2018Q2 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
119203000 | USD |
CY2017Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
94286000 | USD |
CY2018Q2 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
86669000 | USD |
us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
0 | USD | |
us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
-285000 | USD | |
CY2017Q2 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
13450000 | USD |
us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
0 | USD | |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
28825000 | USD | |
CY2017Q4 | us-gaap |
Goodwill
Goodwill
|
63591000 | USD |
CY2018Q2 | us-gaap |
Goodwill
Goodwill
|
63591000 | USD |
us-gaap |
Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
|
0 | USD | |
CY2018Q2 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
18119000 | USD |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
34281000 | USD | |
CY2017Q2 | us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
0 | USD |
us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
0 | USD | |
CY2018Q2 | us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
0 | USD |
CY2017Q2 | us-gaap |
Impairment Of Investments
ImpairmentOfInvestments
|
0 | USD |
us-gaap |
Impairment Of Investments
ImpairmentOfInvestments
|
0 | USD | |
CY2018Q2 | us-gaap |
Impairment Of Investments
ImpairmentOfInvestments
|
0 | USD |
us-gaap |
Impairment Of Investments
ImpairmentOfInvestments
|
0 | USD | |
CY2017Q2 | us-gaap |
Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
|
0 | USD |
us-gaap |
Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
|
0 | USD | |
CY2018Q2 | us-gaap |
Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
|
0 | USD |
us-gaap |
Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
|
0 | USD | |
CY2017Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
5359000 | USD |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
9865000 | USD | |
CY2018Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
8179000 | USD |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
19896000 | USD | |
us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
-120000 | USD | |
us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
0 | USD | |
CY2017Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-4506000 | USD |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-3963000 | USD | |
CY2018Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-2554000 | USD |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-1352000 | USD | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
1998000 | USD | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
12150000 | USD | |
us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
-495000 | USD | |
us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
-707000 | USD | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-579000 | USD | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
541000 | USD | |
us-gaap |
Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
|
635000 | USD | |
us-gaap |
Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
|
-484000 | USD | |
us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
5425000 | USD | |
us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
9492000 | USD | |
CY2017Q2 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
2558226 | shares |
us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
2572313 | shares | |
CY2018Q2 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
2057777 | shares |
us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
2073009 | shares | |
CY2017Q2 | us-gaap |
Interest Expense Long Term Debt
InterestExpenseLongTermDebt
|
674000 | USD |
us-gaap |
Interest Expense Long Term Debt
InterestExpenseLongTermDebt
|
890000 | USD | |
CY2018Q2 | us-gaap |
Interest Expense Long Term Debt
InterestExpenseLongTermDebt
|
751000 | USD |
us-gaap |
Interest Expense Long Term Debt
InterestExpenseLongTermDebt
|
1423000 | USD | |
CY2017Q4 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
6693000 | USD |
CY2018Q2 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
7578000 | USD |
CY2017Q4 | us-gaap |
Inventory Net
InventoryNet
|
14177000 | USD |
CY2018Q2 | us-gaap |
Inventory Net
InventoryNet
|
14718000 | USD |
CY2017Q4 | us-gaap |
Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
|
7484000 | USD |
CY2018Q2 | us-gaap |
Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
|
7140000 | USD |
CY2017Q2 | us-gaap |
Lease And Rental Expense
LeaseAndRentalExpense
|
1600000 | USD |
us-gaap |
Lease And Rental Expense
LeaseAndRentalExpense
|
2900000 | USD | |
CY2018Q2 | us-gaap |
Lease And Rental Expense
LeaseAndRentalExpense
|
1700000 | USD |
us-gaap |
Lease And Rental Expense
LeaseAndRentalExpense
|
3400000 | USD | |
CY2014Q3 | us-gaap |
Lessee Operating Lease Renewal Term
LesseeOperatingLeaseRenewalTerm
|
P5Y | |
CY2017Q4 | us-gaap |
Liabilities
Liabilities
|
138814000 | USD |
CY2018Q2 | us-gaap |
Liabilities
Liabilities
|
136598000 | USD |
CY2017Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
371641000 | USD |
CY2018Q2 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
402796000 | USD |
CY2017Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
44503000 | USD |
CY2018Q2 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
45646000 | USD |
CY2017Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
71000000 | USD |
CY2018Q2 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
69000000 | USD |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
67549000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
557000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-164003000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-6131000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
24736000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
15204000 | USD | |
CY2017Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
9865000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
13828000 | USD | |
CY2018Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
10733000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
21248000 | USD | |
CY2017Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
9860000 | USD |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
13820000 | USD | |
CY2018Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
10732000 | USD |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
21244000 | USD | |
CY2018Q2 | us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
2 | segment |
CY2017Q2 | us-gaap |
Operating Expenses
OperatingExpenses
|
50257000 | USD |
us-gaap |
Operating Expenses
OperatingExpenses
|
93331000 | USD | |
CY2018Q2 | us-gaap |
Operating Expenses
OperatingExpenses
|
59490000 | USD |
us-gaap |
Operating Expenses
OperatingExpenses
|
111876000 | USD | |
CY2017Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
5896000 | USD |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
10381000 | USD | |
CY2018Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
8510000 | USD |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
20503000 | USD | |
CY2017Q4 | us-gaap |
Other Accrued Liabilities Noncurrent
OtherAccruedLiabilitiesNoncurrent
|
1646000 | USD |
CY2018Q2 | us-gaap |
Other Accrued Liabilities Noncurrent
OtherAccruedLiabilitiesNoncurrent
|
1658000 | USD |
CY2017Q4 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
12796000 | USD |
CY2018Q2 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
20681000 | USD |
CY2017Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
7925000 | USD |
CY2018Q2 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
13212000 | USD |
CY2017Q4 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
4973000 | USD |
CY2018Q2 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
2824000 | USD |
CY2017Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
13925000 | USD |
CY2018Q2 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
13441000 | USD |
CY2017Q2 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
137000 | USD |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
374000 | USD | |
CY2018Q2 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
420000 | USD |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
816000 | USD | |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
2000 | USD | |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
1000 | USD | |
us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
154289000 | USD | |
us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
0 | USD | |
us-gaap |
Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
|
4000000 | USD | |
us-gaap |
Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
|
0 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
5714000 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
6131000 | USD | |
CY2017Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.001 | |
CY2018Q2 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.001 | |
CY2017Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
10000000 | shares |
CY2018Q2 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
10000000 | shares |
CY2017Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2018Q2 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2017Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2018Q2 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2017Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
CY2018Q2 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
us-gaap |
Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
|
1551000 | USD | |
us-gaap |
Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
|
2558000 | USD | |
us-gaap |
Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
|
67000000 | USD | |
us-gaap |
Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
|
0 | USD | |
CY2017Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
23459000 | USD |
CY2018Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
26587000 | USD |
CY2017Q2 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
-100000 | USD |
us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
20000 | USD | |
us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
0 | USD | |
CY2018Q2 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
100000 | USD |
us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
57000 | USD | |
us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
100000 | USD | |
us-gaap |
Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
|
1000000 | USD | |
us-gaap |
Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
|
2000000 | USD | |
CY2017Q2 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
20062000 | USD |
us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
34583000 | USD | |
CY2018Q2 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
21521000 | USD |
us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
41898000 | USD | |
CY2017Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-88677000 | USD |
CY2018Q2 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-64307000 | USD |
CY2017Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
85988000 | USD |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
160182000 | USD | |
CY2018Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
104488000 | USD |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
197244000 | USD | |
CY2017Q2 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
11899000 | USD |
us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
22213000 | USD | |
CY2018Q2 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
14612000 | USD |
us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
25434000 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
3228000 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
6213000 | USD | |
CY2017Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
232827000 | USD |
CY2018Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
266198000 | USD |
CY2017Q2 | us-gaap |
Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
|
5000 | USD |
us-gaap |
Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
|
8000 | USD | |
CY2018Q2 | us-gaap |
Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
|
1000 | USD |
us-gaap |
Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
|
4000 | USD | |
CY2017Q4 | us-gaap |
Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
|
100000 | USD |
CY2018Q2 | us-gaap |
Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
|
100000 | USD |
CY2017Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
49000553 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
48906812 | shares | |
CY2018Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
49497088 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
49406444 | shares | |
CY2017Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
46442327 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
46334499 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
47333435 | shares | |
us-gaap |
Nature Of Operations
NatureOfOperations
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:9pt;"><font style="font-family:Arial;font-size:9pt;font-weight:bold;"></font><font style="font-family:Arial;font-size:9pt;font-weight:bold;">Organization</font></div><div style="line-height:120%;font-size:9pt;"><font style="font-family:Arial;font-size:9pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:9pt;"><font style="font-family:Arial;font-size:9pt;color:#212121;">Alarm.com Holdings, Inc. (referred to herein as Alarm.com, the Company, or we) is the leading platform for the intelligently connected property. We offer a comprehensive suite of cloud-based solutions for the smart residential and </font><font style="font-family:Arial;font-size:9pt;">commercial property</font><font style="font-family:Arial;font-size:9pt;color:#212121;">, including interactive security, video monitoring, intelligent automation and energy management. Millions of property owners rely on our technology to intelligently secure, monitor and manage their residential and commercial properties. Our solutions are delivered through an established network of over </font><font style="font-family:Arial;font-size:9pt;color:#212121;">7,000</font><font style="font-family:Arial;font-size:9pt;color:#212121;"> trusted service provider partners, who are experts at selling, installing and supporting our solutions.</font><font style="font-family:Arial;font-size:9pt;"> We derive revenue from the sale of our cloud-based Software-as-a-Service, or SaaS, services, license fees, software, hardware, activation fees and other revenue. Our fiscal year ends on December 31.</font></div></div> | ||
us-gaap |
Use Of Estimates
UseOfEstimates
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;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%;text-indent:24px;font-size:9pt;"><font style="font-family:Arial;font-size:9pt;"><br clear="none"/></font></div><div style="line-height:120%;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 at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Our estimates, judgments and assumptions are continually evaluated based on available information and experience. Because of the use of estimates inherent in the financial reporting process, actual results could differ from those estimates. Estimates are used when accounting for revenue recognition, allowances for doubtful accounts, allowance for hardware returns, estimates of obsolete inventory, long-term incentive compensation, stock-based compensation, income taxes, legal reserves, contingent consideration and goodwill and intangible assets.</font></div></div> |