2016 Q4 Form 10-Q Financial Statement
#000114275016000024 Filed on November 04, 2016
Income Statement
Concept | 2016 Q4 | 2016 Q3 | 2015 Q3 |
---|---|---|---|
Revenue | $487.9M | $472.6M | $382.9M |
YoY Change | 21.19% | 23.45% | 44.7% |
Cost Of Revenue | $329.3M | $318.2M | $256.9M |
YoY Change | 21.65% | 23.87% | 39.38% |
Gross Profit | $158.6M | $154.5M | $126.0M |
YoY Change | 20.33% | 22.58% | 56.91% |
Gross Profit Margin | 32.51% | 32.68% | 32.91% |
Selling, General & Admin | $101.1M | $100.0M | $83.10M |
YoY Change | 12.08% | 20.33% | 37.76% |
% of Gross Profit | 63.74% | 64.74% | 65.95% |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $7.700M | $7.789M | $5.304M |
YoY Change | 42.59% | 46.85% | 29.81% |
% of Gross Profit | 4.85% | 5.04% | 4.21% |
Operating Expenses | $108.8M | $107.8M | $88.40M |
YoY Change | 13.93% | 21.92% | 37.26% |
Operating Profit | $49.81M | $46.68M | $37.61M |
YoY Change | 37.19% | 24.13% | 136.51% |
Interest Expense | -$6.400M | $3.016M | $2.013M |
YoY Change | 220.0% | 49.83% | 40.47% |
% of Operating Profit | -12.85% | 6.46% | 5.35% |
Other Income/Expense, Net | $200.0K | ||
YoY Change | -108.7% | ||
Pretax Income | $43.40M | $43.67M | $35.59M |
YoY Change | 26.53% | 22.68% | 146.02% |
Income Tax | $17.00M | $16.37M | $1.947M |
% Of Pretax Income | 39.17% | 37.49% | 5.47% |
Net Earnings | $26.35M | $27.30M | $33.65M |
YoY Change | 30.68% | -18.88% | 295.89% |
Net Earnings / Revenue | 5.4% | 5.78% | 8.79% |
Basic Earnings Per Share | $0.55 | $0.57 | $0.71 |
Diluted Earnings Per Share | $0.54 | $0.55 | $0.69 |
COMMON SHARES | |||
Basic Shares Outstanding | 48.05M shares | 48.05M shares | 47.67M shares |
Diluted Shares Outstanding | 49.41M shares | 48.98M shares |
Balance Sheet
Concept | 2016 Q4 | 2016 Q3 | 2015 Q3 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $10.60M | $15.70M | $14.40M |
YoY Change | 10.42% | 9.03% | 48.45% |
Cash & Equivalents | $10.62M | $15.71M | $14.41M |
Short-Term Investments | |||
Other Short-Term Assets | $34.61M | $30.71M | $25.08M |
YoY Change | 45.88% | 22.45% | -53.39% |
Inventory | $4.006B | ||
Prepaid Expenses | $14.19M | $13.93M | $12.82M |
Receivables | $342.0M | $331.2M | $248.8M |
Other Receivables | $400.0K | $300.0K | $4.200M |
Total Short-Term Assets | $450.6M | $433.7M | $369.0M |
YoY Change | 19.97% | 17.53% | 48.11% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $59.95M | $57.97M | $45.41M |
YoY Change | 19.59% | 27.66% | 55.49% |
Goodwill | $341.8M | $342.2M | $201.4M |
YoY Change | 66.89% | 69.86% | 38.99% |
Intangibles | $245.7M | $250.5M | $177.3M |
YoY Change | 40.44% | 41.22% | 22.73% |
Long-Term Investments | $4.907B | ||
YoY Change | -3.33% | ||
Other Assets | $57.53M | $57.30M | $46.63M |
YoY Change | 20.95% | 22.86% | 16.45% |
Total Long-Term Assets | $736.3M | $736.1M | $496.3M |
YoY Change | 45.85% | 48.33% | 30.7% |
TOTAL ASSETS | |||
Total Short-Term Assets | $450.6M | $433.7M | $369.0M |
Total Long-Term Assets | $736.3M | $736.1M | $496.3M |
Total Assets | $1.187B | $1.170B | $865.2M |
YoY Change | 34.81% | 35.2% | 37.6% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $137.5M | $118.3M | $113.2M |
YoY Change | 15.73% | 4.54% | 69.01% |
Accrued Expenses | $37.25M | $99.60M | $88.50M |
YoY Change | 52.03% | 12.54% | 37.0% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $2.500M |
YoY Change | -100.0% | -100.0% | |
Long-Term Debt Due | $3.750M | $3.800M | $7.500M |
YoY Change | -90.0% | -49.33% | 0.0% |
Total Short-Term Liabilities | $274.8M | $240.1M | $250.1M |
YoY Change | 9.47% | -4.01% | 69.26% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $359.2M | $381.3M | $176.8M |
YoY Change | 98.45% | 115.67% | 27.38% |
Other Long-Term Liabilities | $82.10M | $86.95M | $75.41M |
YoY Change | 5.07% | 15.3% | -22.16% |
Total Long-Term Liabilities | $82.10M | $86.95M | $75.41M |
YoY Change | 5.07% | 15.3% | -22.16% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $274.8M | $240.1M | $250.1M |
Total Long-Term Liabilities | $82.10M | $86.95M | $75.41M |
Total Liabilities | $737.5M | $736.6M | $541.3M |
YoY Change | 38.48% | 36.09% | 41.18% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | $9.671M | -$16.68M | -$116.3M |
YoY Change | -110.06% | -85.66% | -38.11% |
Common Stock | $481.0K | $480.0K | $477.0K |
YoY Change | 0.84% | 0.63% | 2.36% |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | $13.26M | ||
YoY Change | |||
Treasury Stock Shares | 443.0K shares | ||
Shareholders Equity | $449.4M | $433.2M | $324.0M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $1.187B | $1.170B | $865.2M |
YoY Change | 34.81% | 35.2% | 37.6% |
Cashflow Statement
Concept | 2016 Q4 | 2016 Q3 | 2015 Q3 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $26.35M | $27.30M | $33.65M |
YoY Change | 30.68% | -18.88% | 295.89% |
Depreciation, Depletion And Amortization | $7.700M | $7.789M | $5.304M |
YoY Change | 42.59% | 46.85% | 29.81% |
Cash From Operating Activities | $47.10M | $29.50M | $21.90M |
YoY Change | 6628.57% | 34.7% | 41.29% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$4.300M | -$4.800M | -$6.500M |
YoY Change | -27.12% | -26.15% | 47.73% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | -$11.80M | -$3.300M | -$4.200M |
YoY Change | 156.52% | -21.43% | 4100.0% |
Cash From Investing Activities | -$16.10M | -$8.100M | -$10.70M |
YoY Change | 53.33% | -24.3% | 137.78% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | -36.10M | -26.80M | -11.30M |
YoY Change | -836.73% | 137.17% | 66.18% |
NET CHANGE | |||
Cash From Operating Activities | 47.10M | 29.50M | 21.90M |
Cash From Investing Activities | -16.10M | -8.100M | -10.70M |
Cash From Financing Activities | -36.10M | -26.80M | -11.30M |
Net Change In Cash | -5.100M | -5.400M | -100.0K |
YoY Change | 4.08% | 5300.0% | -102.38% |
FREE CASH FLOW | |||
Cash From Operating Activities | $47.10M | $29.50M | $21.90M |
Capital Expenditures | -$4.300M | -$4.800M | -$6.500M |
Free Cash Flow | $51.40M | $34.30M | $28.40M |
YoY Change | 678.79% | 20.77% | 42.71% |
Facts In Submission
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ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
|
2764000 | USD | |
us-gaap |
Fair Value Of Assets Acquired
FairValueOfAssetsAcquired
|
26340000 | USD | |
us-gaap |
Fair Value Of Assets Acquired
FairValueOfAssetsAcquired
|
18789000 | USD | |
CY2015Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
53747000 | USD |
CY2016Q3 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
67326000 | USD |
CY2015Q4 | us-gaap |
Furniture And Fixtures Gross
FurnitureAndFixturesGross
|
23380000 | USD |
CY2016Q3 | us-gaap |
Furniture And Fixtures Gross
FurnitureAndFixturesGross
|
27707000 | USD |
us-gaap |
Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
|
-3000 | USD | |
us-gaap |
Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
|
-45000 | USD | |
CY2015Q4 | us-gaap |
Goodwill
Goodwill
|
204779000 | USD |
CY2016Q3 | us-gaap |
Goodwill
Goodwill
|
342174000 | USD |
CY2015Q4 | us-gaap |
Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
|
214939000 | USD |
CY2016Q3 | us-gaap |
Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
|
214939000 | USD |
CY2015Q3 | us-gaap |
Gross Profit
GrossProfit
|
126009000 | USD |
us-gaap |
Gross Profit
GrossProfit
|
337559000 | USD | |
CY2016Q3 | us-gaap |
Gross Profit
GrossProfit
|
154467000 | USD |
us-gaap |
Gross Profit
GrossProfit
|
461118000 | USD | |
CY2015Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
35594000 | USD |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
86754000 | USD | |
CY2016Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
43667000 | USD |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
132806000 | USD | |
CY2015Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
1947000 | USD |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
25028000 | USD | |
CY2016Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
16371000 | USD |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
53319000 | USD | |
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
20655000 | USD | |
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
52684000 | USD | |
CY2015Q4 | us-gaap |
Income Taxes Receivable
IncomeTaxesReceivable
|
3687000 | USD |
CY2016Q3 | us-gaap |
Income Taxes Receivable
IncomeTaxesReceivable
|
288000 | USD |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
25808000 | USD | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-791000 | USD | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
46732000 | USD | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
42594000 | USD | |
us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
1140000 | USD | |
us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
256000 | USD | |
us-gaap |
Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
|
16707000 | USD | |
us-gaap |
Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
|
10761000 | USD | |
us-gaap |
Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
|
-1008000 | USD | |
us-gaap |
Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
|
-6160000 | USD | |
us-gaap |
Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
|
6111000 | USD | |
us-gaap |
Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
|
10109000 | USD | |
us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
3454000 | USD | |
us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
4295000 | USD | |
us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
-4365000 | USD | |
us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
5736000 | USD | |
us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
2213000 | USD | |
us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
195000 | USD | |
us-gaap |
Increase Decrease In Restricted Cash And Investments For Operating Activities
IncreaseDecreaseInRestrictedCashAndInvestmentsForOperatingActivities
|
5858000 | USD | |
us-gaap |
Increase Decrease In Restricted Cash And Investments For Operating Activities
IncreaseDecreaseInRestrictedCashAndInvestmentsForOperatingActivities
|
870000 | USD | |
CY2015Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
174970000 | USD |
CY2016Q3 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
250455000 | USD |
CY2015Q3 | us-gaap |
Interest Expense
InterestExpense
|
2013000 | USD |
us-gaap |
Interest Expense
InterestExpense
|
5797000 | USD | |
CY2016Q3 | us-gaap |
Interest Expense
InterestExpense
|
3016000 | USD |
us-gaap |
Interest Expense
InterestExpense
|
9065000 | USD | |
us-gaap |
Interest Paid Capitalized
InterestPaidCapitalized
|
173000 | USD | |
us-gaap |
Interest Paid Capitalized
InterestPaidCapitalized
|
158000 | USD | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
4334000 | USD | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
7106000 | USD | |
CY2015Q4 | us-gaap |
Leasehold Improvements Gross
LeaseholdImprovementsGross
|
5472000 | USD |
CY2016Q3 | us-gaap |
Leasehold Improvements Gross
LeaseholdImprovementsGross
|
6306000 | USD |
CY2015Q4 | us-gaap |
Liabilities
Liabilities
|
532572000 | USD |
CY2016Q3 | us-gaap |
Liabilities
Liabilities
|
736596000 | USD |
CY2015Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
880432000 | USD |
CY2016Q3 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
1169769000 | USD |
us-gaap |
Liabilities Assumed1
LiabilitiesAssumed1
|
22526000 | USD | |
us-gaap |
Liabilities Assumed1
LiabilitiesAssumed1
|
21921000 | USD | |
CY2015Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
251017000 | USD |
CY2016Q3 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
240076000 | USD |
CY2015Q4 | us-gaap |
Liability For Uncertain Tax Positions Noncurrent
LiabilityForUncertainTaxPositionsNoncurrent
|
8081000 | USD |
CY2016Q3 | us-gaap |
Liability For Uncertain Tax Positions Noncurrent
LiabilityForUncertainTaxPositionsNoncurrent
|
8081000 | USD |
CY2015Q4 | us-gaap |
Lines Of Credit Current
LinesOfCreditCurrent
|
30000000 | USD |
CY2016Q3 | us-gaap |
Lines Of Credit Current
LinesOfCreditCurrent
|
0 | USD |
CY2015Q4 | us-gaap |
Long Term Line Of Credit
LongTermLineOfCredit
|
52500000 | USD |
CY2016Q3 | us-gaap |
Long Term Line Of Credit
LongTermLineOfCredit
|
182500000 | USD |
CY2015Q4 | us-gaap |
Long Term Notes Payable
LongTermNotesPayable
|
128490000 | USD |
CY2016Q3 | us-gaap |
Long Term Notes Payable
LongTermNotesPayable
|
198793000 | USD |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
51290000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
162418000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-105634000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-241271000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
55637000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
84820000 | USD | |
CY2015Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
33647000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
61726000 | USD | |
CY2016Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
27296000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
79487000 | USD | |
us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
5554000 | USD | |
us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
-331000 | USD | |
us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
165000 | USD | |
CY2016Q3 | us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
231000 | USD |
us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
-343000 | USD | |
CY2016Q3 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
40000 | USD |
CY2015Q4 | us-gaap |
Notes Payable Current
NotesPayableCurrent
|
7500000 | USD |
CY2016Q3 | us-gaap |
Notes Payable Current
NotesPayableCurrent
|
3750000 | USD |
us-gaap |
Number Of Businesses Acquired
NumberOfBusinessesAcquired
|
6 | aquisition | |
us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
3 | segment | |
CY2015Q3 | us-gaap |
Operating Expenses
OperatingExpenses
|
88402000 | USD |
us-gaap |
Operating Expenses
OperatingExpenses
|
245008000 | USD | |
CY2016Q3 | us-gaap |
Operating Expenses
OperatingExpenses
|
107784000 | USD |
us-gaap |
Operating Expenses
OperatingExpenses
|
319247000 | USD | |
CY2015Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
37607000 | USD |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
92551000 | USD | |
CY2016Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
46683000 | USD |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
141871000 | USD | |
CY2015Q4 | us-gaap |
Other Accounts Payable And Accrued Liabilities
OtherAccountsPayableAndAccruedLiabilities
|
1422000 | USD |
CY2016Q3 | us-gaap |
Other Accounts Payable And Accrued Liabilities
OtherAccountsPayableAndAccruedLiabilities
|
1197000 | USD |
CY2015Q4 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
23723000 | USD |
CY2016Q3 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
30707000 | USD |
CY2015Q4 | us-gaap |
Other Assets Miscellaneous Current
OtherAssetsMiscellaneousCurrent
|
8041000 | USD |
CY2016Q3 | us-gaap |
Other Assets Miscellaneous Current
OtherAssetsMiscellaneousCurrent
|
12981000 | USD |
CY2015Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
47569000 | USD |
CY2016Q3 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
57296000 | USD |
CY2015Q3 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
54000 | USD |
us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
42000 | USD | |
CY2015Q3 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
-313000 | USD |
us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
-289000 | USD | |
CY2016Q3 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
271000 | USD |
us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
-178000 | USD | |
CY2015Q3 | us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
-367000 | USD |
CY2015Q4 | us-gaap |
Other Employee Related Liabilities Current
OtherEmployeeRelatedLiabilitiesCurrent
|
1457000 | USD |
CY2016Q3 | us-gaap |
Other Employee Related Liabilities Current
OtherEmployeeRelatedLiabilitiesCurrent
|
1612000 | USD |
CY2015Q4 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
5374000 | USD |
CY2016Q3 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
9962000 | USD |
CY2015Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
78134000 | USD |
CY2016Q3 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
86949000 | USD |
us-gaap |
Other Noncash Expense
OtherNoncashExpense
|
1445000 | USD | |
us-gaap |
Other Noncash Expense
OtherNoncashExpense
|
1180000 | USD | |
CY2015Q4 | us-gaap |
Other Sundry Liabilities Noncurrent
OtherSundryLiabilitiesNoncurrent
|
3959000 | USD |
CY2016Q3 | us-gaap |
Other Sundry Liabilities Noncurrent
OtherSundryLiabilitiesNoncurrent
|
5147000 | USD |
us-gaap |
Payments For Previous Acquisition
PaymentsForPreviousAcquisition
|
165000 | USD | |
us-gaap |
Payments For Previous Acquisition
PaymentsForPreviousAcquisition
|
1348000 | USD | |
us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
0 | USD | |
us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
448000 | USD | |
us-gaap |
Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
|
1000000 | USD | |
us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
81097000 | USD | |
us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
216553000 | USD | |
us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
11513000 | USD | |
us-gaap |
Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
|
0 | USD | |
us-gaap |
Payments To Acquire Life Insurance Policies
PaymentsToAcquireLifeInsurancePolicies
|
2250000 | USD | |
us-gaap |
Payments To Acquire Life Insurance Policies
PaymentsToAcquireLifeInsurancePolicies
|
5665000 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
21122000 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
17705000 | USD | |
CY2015Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.01 | |
CY2016Q3 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.01 | |
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 |
CY2015Q4 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
13526000 | USD |
CY2016Q3 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
13928000 | USD |
us-gaap |
Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
|
0 | USD | |
us-gaap |
Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
|
75000000 | USD | |
us-gaap |
Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
|
3663000 | USD | |
us-gaap |
Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
|
0 | USD | |
us-gaap |
Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
|
84500000 | USD | |
us-gaap |
Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
|
124000000 | USD | |
CY2015Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
126814000 | USD |
CY2016Q3 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
142905000 | USD |
CY2015Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
50134000 | USD |
CY2016Q3 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
57965000 | USD |
us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
5315000 | USD | |
us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
6746000 | USD | |
us-gaap |
Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
|
27000000 | USD | |
us-gaap |
Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
|
24000000 | USD | |
us-gaap |
Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
|
4000 | USD | |
us-gaap |
Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
|
6000 | USD | |
us-gaap |
Repayments Of Secured Debt
RepaymentsOfSecuredDebt
|
5625000 | USD | |
us-gaap |
Repayments Of Secured Debt
RepaymentsOfSecuredDebt
|
8438000 | USD | |
CY2015Q4 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
11995000 | USD |
CY2016Q3 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
17438000 | USD |
CY2015Q4 | us-gaap |
Restricted Cash And Investments Noncurrent
RestrictedCashAndInvestmentsNoncurrent
|
27352000 | USD |
CY2016Q3 | us-gaap |
Restricted Cash And Investments Noncurrent
RestrictedCashAndInvestmentsNoncurrent
|
28222000 | USD |
CY2015Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-96167000 | USD |
CY2016Q3 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-16679000 | USD |
CY2015Q3 | us-gaap |
Revenues
Revenues
|
382859000 | USD |
us-gaap |
Revenues
Revenues
|
1060513000 | USD | |
CY2016Q3 | us-gaap |
Revenues
Revenues
|
472636000 | USD |
us-gaap |
Revenues
Revenues
|
1414367000 | USD | |
CY2015Q4 | us-gaap |
Self Insurance Reserve Current
SelfInsuranceReserveCurrent
|
7962000 | USD |
CY2016Q3 | us-gaap |
Self Insurance Reserve Current
SelfInsuranceReserveCurrent
|
13692000 | USD |
CY2015Q4 | us-gaap |
Self Insurance Reserve Noncurrent
SelfInsuranceReserveNoncurrent
|
37369000 | USD |
CY2016Q3 | us-gaap |
Self Insurance Reserve Noncurrent
SelfInsuranceReserveNoncurrent
|
42672000 | USD |
CY2015Q3 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
83098000 | USD |
us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
229377000 | USD | |
CY2016Q3 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
99995000 | USD |
CY2015Q4 | us-gaap |
Workers Compensation Liability Noncurrent
WorkersCompensationLiabilityNoncurrent
|
16899000 | USD |
CY2016Q3 | us-gaap |
Workers Compensation Liability Noncurrent
WorkersCompensationLiabilityNoncurrent
|
18265000 | USD |
us-gaap |
Basis Of Accounting
BasisOfAccounting
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">BASIS OF PRESENTATION</font></div><div style="line-height:120%;padding-top:12px;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The condensed consolidated balance sheets and related condensed consolidated statements of comprehensive income and cash flows contained in this Quarterly Report on Form 10-Q (this “Quarterly Report”), which are unaudited, include the accounts of AMN Healthcare Services, Inc. and its wholly-owned subsidiaries (collectively, the “Company”). All significant intercompany balances and transactions have been eliminated in consolidation. In the opinion of management, all entries necessary for a fair presentation of such unaudited condensed consolidated financial statements have been included. These entries consisted of all normal recurring items. The results of operations for the interim period are not necessarily indicative of the results to be expected for any other interim period or for the entire fiscal year or for any future period. </font></div><div style="line-height:120%;padding-top:12px;text-align:left;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The unaudited condensed consolidated financial statements do not include all information and notes necessary for a complete presentation of financial position, results of operations and cash flows in conformity with accounting principles generally accepted in the United States. Please refer to the Company’s audited consolidated financial statements and the related notes for the fiscal year ended </font><font style="font-family:inherit;font-size:10pt;">December 31, 2015</font><font style="font-family:inherit;font-size:10pt;">, contained in the Company’s Annual Report on Form 10-K for the fiscal year ended </font><font style="font-family:inherit;font-size:10pt;">December 31, 2015</font><font style="font-family:inherit;font-size:10pt;">, filed with the Securities and Exchange Commission on February 24, 2016 (“</font><font style="font-family:inherit;font-size:10pt;">2015</font><font style="font-family:inherit;font-size:10pt;"> Annual Report”). </font></div><div style="line-height:120%;padding-top:12px;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of financial statements in conformity with accounting principles generally accepted in the United States requires management to make a number of estimates and assumptions relating to the reporting of assets and liabilities and the disclosure of contingent assets and liabilities at the dates of the financial statements and the reported amounts of revenue and expenses during the reporting periods. On an ongoing basis, the Company evaluates its estimates, including those related to asset impairments, accruals for self-insurance, compensation and related benefits, accounts receivable, contingencies and litigation, earn-out liabilities, and income taxes. Actual results could differ from those estimates under different assumptions or conditions. </font></div><div style="line-height:120%;padding-top:12px;text-indent:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Recently Adopted Accounting Pronouncements</font></div><div style="line-height:120%;padding-top:12px;text-align:left;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In April 2015, the Financial Accounting Standards Board (“FASB”) issued ASU 2015-05, “Intangibles - Goodwill and Other - Internal-Use Software (Subtopic 350-40), Customer’s Accounting for Fees Paid in a Cloud Computing Arrangement.” This standard provides guidance about whether a cloud computing arrangement includes a software license. If a cloud computing arrangement includes a software license, then the software license element of the arrangement should be accounted for by the customer consistent with the acquisition of other software licenses. If a cloud computing arrangement does not include a software license, the customer should account for the arrangement as a service contract. The Company adopted this pronouncement prospectively beginning January 1, 2016, and the adoption did not have a material effect on the Company’s consolidated financial statements.</font></div><div style="line-height:120%;padding-top:12px;text-align:left;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In September 2015, the FASB issued ASU 2015-16, “Business Combinations - Simplifying the Accounting for Measurement-Period Adjustments.” This standard requires that an acquirer recognize adjustments to provisional amounts that are identified during the measurement period in the reporting period in which the adjustment amounts are determined. The standard requires that the acquirer record, in the same period’s financial statements, the effect on earnings of changes in depreciation, amortization, or other income effects, if any, as a result of the change to the provisional amounts, calculated as if the accounting had been completed at the acquisition date. The standard also requires an entity to present separately on the face of the income statement or disclose in the notes the portion of the amount recorded in current-period earnings by line item that would have been recorded in previous reporting periods if the adjustment to the provisional amounts had been recognized as of the acquisition date. The Company adopted this pronouncement prospectively beginning January 1, 2016, and the adoption did not have a material effect on the Company’s consolidated financial statements.</font></div></div> | ||
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Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
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297359000 | USD | |
CY2015Q3 | us-gaap |
Share Based Compensation
ShareBasedCompensation
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2021000 | USD |
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Share Based Compensation
ShareBasedCompensation
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6551000 | USD | |
CY2016Q3 | us-gaap |
Share Based Compensation
ShareBasedCompensation
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2704000 | USD |
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Share Based Compensation
ShareBasedCompensation
|
8795000 | USD | |
CY2015Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
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347860000 | USD |
CY2016Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
433173000 | USD |
CY2015Q3 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
1304000 | shares |
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Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
1271000 | shares | |
CY2016Q3 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
1361000 | shares |
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Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
1294000 | shares | |
CY2015Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
48978000 | shares |
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Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
48737000 | shares | |
CY2016Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
49410000 | shares |
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Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
49287000 | shares | |
CY2015Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
47674000 | shares |
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Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
47466000 | shares | |
CY2016Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
48049000 | shares |
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Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
47993000 | shares | |
CY2015Q4 | us-gaap |
Workers Compensation Liability Current
WorkersCompensationLiabilityCurrent
|
7701000 | USD |
CY2016Q3 | us-gaap |
Workers Compensation Liability Current
WorkersCompensationLiabilityCurrent
|
8213000 | USD |
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Use Of Estimates
UseOfEstimates
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<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:12px;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of financial statements in conformity with accounting principles generally accepted in the United States requires management to make a number of estimates and assumptions relating to the reporting of assets and liabilities and the disclosure of contingent assets and liabilities at the dates of the financial statements and the reported amounts of revenue and expenses during the reporting periods. On an ongoing basis, the Company evaluates its estimates, including those related to asset impairments, accruals for self-insurance, compensation and related benefits, accounts receivable, contingencies and litigation, earn-out liabilities, and income taxes. Actual results could differ from those estimates under different assumptions or conditions. </font></div></div> |