2016 Q2 Form 10-Q Financial Statement

#000137778916000149 Filed on May 11, 2016

View on sec.gov

Income Statement

Concept 2016 Q2 2015 Q3 2015 Q2
Revenue $60.47M $87.73M $74.80M
YoY Change -19.16% 6.42% -12.41%
Cost Of Revenue $46.05M $71.00M $57.20M
YoY Change -19.49% 17.55% -12.8%
Gross Profit $14.41M $18.63M $17.60M
YoY Change -18.11% -15.49% -9.28%
Gross Profit Margin 23.84% 21.23% 23.53%
Selling, General & Admin $16.14M $17.60M $18.00M
YoY Change -10.33% -8.33% -15.89%
% of Gross Profit 111.98% 94.48% 102.27%
Research & Development $5.063M $6.000M $6.400M
YoY Change -20.89% -9.09% -20.0%
% of Gross Profit 35.13% 32.21% 36.36%
Depreciation & Amortization $1.668M $2.000M $1.900M
YoY Change -12.21% 25.0% 0.0%
% of Gross Profit 11.57% 10.74% 10.8%
Operating Expenses $22.01M $23.70M $24.50M
YoY Change -10.18% -13.5% -16.95%
Operating Profit -$7.594M -$5.104M -$6.900M
YoY Change 10.06% -5.11% -43.44%
Interest Expense $5.000K $0.00 $100.0K
YoY Change -95.0% -100.0%
% of Operating Profit
Other Income/Expense, Net $0.00
YoY Change
Pretax Income -$7.541M -$7.100M -$10.00M
YoY Change -24.59% 31.48% -15.25%
Income Tax $361.0K -$3.700M $1.500M
% Of Pretax Income
Net Earnings -$7.874M -$1.443M -$11.50M
YoY Change -31.53% -73.6% -13.53%
Net Earnings / Revenue -13.02% -1.64% -15.37%
Basic Earnings Per Share -$1.50 -$0.03
Diluted Earnings Per Share -$1.50 -$0.03 -$1.106M
COMMON SHARES
Basic Shares Outstanding 5.255M shares 62.50M shares 62.41M shares
Diluted Shares Outstanding 5.255M shares

Balance Sheet

Concept 2016 Q2 2015 Q3 2015 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $39.70M $34.70M $35.00M
YoY Change 13.43% -18.16% -28.28%
Cash & Equivalents $39.72M $34.74M $35.00M
Short-Term Investments
Other Short-Term Assets $11.90M $15.00M $16.50M
YoY Change -27.88% -17.6% -5.17%
Inventory $33.00M $32.93M $38.50M
Prepaid Expenses
Receivables $65.70M $83.53M $69.10M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $163.3M $191.1M $189.4M
YoY Change -13.78% -14.52% -13.2%
LONG-TERM ASSETS
Property, Plant & Equipment $19.40M $24.26M $25.40M
YoY Change -23.62% -15.49% -13.31%
Goodwill
YoY Change
Intangibles $0.00 $100.0K
YoY Change -100.0% -75.0%
Long-Term Investments
YoY Change
Other Assets $1.700M $1.705M $1.800M
YoY Change -5.56% -5.28% -5.26%
Total Long-Term Assets $28.20M $33.59M $30.70M
YoY Change -8.14% -1.79% -12.29%
TOTAL ASSETS
Total Short-Term Assets $163.3M $191.1M $189.4M
Total Long-Term Assets $28.20M $33.59M $30.70M
Total Assets $191.5M $224.7M $220.1M
YoY Change -12.99% -12.83% -13.07%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $34.40M $46.58M $37.40M
YoY Change -8.02% -2.35% -18.87%
Accrued Expenses $24.60M $27.21M $37.70M
YoY Change -34.75% -37.29% 13.55%
Deferred Revenue
YoY Change
Short-Term Debt $9.000M $9.000M $9.000M
YoY Change 0.0% 50.0% 50.0%
Long-Term Debt Due $9.000M $9.000M
YoY Change 50.0% 50.0%
Total Short-Term Liabilities $103.5M $122.7M $127.2M
YoY Change -18.63% -13.4% 4.61%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $1.800M $2.243M $3.300M
YoY Change -45.45% -58.46% -34.0%
Total Long-Term Liabilities $1.800M $2.243M $3.300M
YoY Change -45.45% -58.46% -34.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $103.5M $122.7M $127.2M
Total Long-Term Liabilities $1.800M $2.243M $3.300M
Total Liabilities $121.4M $140.9M $143.3M
YoY Change -15.28% -12.75% 1.42%
SHAREHOLDERS EQUITY
Retained Earnings -$732.3M -$717.5M -$723.3M
YoY Change 1.24% 1.37% 4.4%
Common Stock $600.0K $52.00K $600.0K
YoY Change 0.0% -91.33% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $69.70M $83.74M $76.80M
YoY Change
Total Liabilities & Shareholders Equity $191.5M $224.7M $220.1M
YoY Change -12.99% -12.83% -13.07%

Cashflow Statement

Concept 2016 Q2 2015 Q3 2015 Q2
OPERATING ACTIVITIES
Net Income -$7.874M -$1.443M -$11.50M
YoY Change -31.53% -73.6% -13.53%
Depreciation, Depletion And Amortization $1.668M $2.000M $1.900M
YoY Change -12.21% 25.0% 0.0%
Cash From Operating Activities $700.0K $500.0K -$400.0K
YoY Change -275.0% -110.64% -114.29%
INVESTING ACTIVITIES
Capital Expenditures -$500.0K -$700.0K -$600.0K
YoY Change -16.67% -158.33% -62.5%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$500.0K -$700.0K -$600.0K
YoY Change -16.67% -41.67% -62.5%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 0.000 0.000 0.000
YoY Change -100.0%
NET CHANGE
Cash From Operating Activities 700.0K 500.0K -400.0K
Cash From Investing Activities -500.0K -700.0K -600.0K
Cash From Financing Activities 0.000 0.000 0.000
Net Change In Cash 200.0K -200.0K -1.000M
YoY Change -120.0% -96.67% -183.33%
FREE CASH FLOW
Cash From Operating Activities $700.0K $500.0K -$400.0K
Capital Expenditures -$500.0K -$700.0K -$600.0K
Free Cash Flow $1.200M $1.200M $200.0K
YoY Change 500.0% -120.34% -95.45%

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0.00
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic And Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare
0.01
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IncomeTaxExpenseBenefit
1500000 USD
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IncomeTaxExpenseBenefit
2400000 USD
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IncomeTaxExpenseBenefit
400000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
900000 USD
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1300000 USD
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100000 USD
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21100000 USD
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22200000 USD
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32900000 USD
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3600000 USD
us-gaap Increase Decrease In Deferred Revenue And Customer Advances And Deposits
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4400000 USD
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4400000 USD
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1600000 USD
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InterestExpense
0 USD
us-gaap Interest Expense
InterestExpense
300000 USD
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InterestExpense
0 USD
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33000000 USD
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InventoryPartsAndComponentsNetOfReserves
6200000 USD
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InventoryPartsAndComponentsNetOfReserves
3700000 USD
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InventoryRawMaterialsAndSuppliesNetOfReserves
8000000 USD
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InventoryRawMaterialsAndSuppliesNetOfReserves
6700000 USD
CY2015Q3 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
3800000 USD
CY2016Q2 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
4100000 USD
us-gaap Inventory Write Down
InventoryWriteDown
2200000 USD
us-gaap Inventory Write Down
InventoryWriteDown
5400000 USD
CY2016Q2 us-gaap Inventory Write Down
InventoryWriteDown
1300000 USD
us-gaap Inventory Write Down
InventoryWriteDown
4000000 USD
us-gaap Investment Income Interest
InvestmentIncomeInterest
100000 USD
us-gaap Investment Income Interest
InvestmentIncomeInterest
300000 USD
CY2016Q2 us-gaap Investment Income Interest
InvestmentIncomeInterest
0 USD
us-gaap Investment Income Interest
InvestmentIncomeInterest
200000 USD
us-gaap Lease And Rental Expense
LeaseAndRentalExpense
1800000 USD
us-gaap Lease And Rental Expense
LeaseAndRentalExpense
5100000 USD
CY2016Q2 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
1200000 USD
us-gaap Lease And Rental Expense
LeaseAndRentalExpense
3800000 USD
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140800000 USD
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Liabilities
121400000 USD
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LiabilitiesAndStockholdersEquity
224700000 USD
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LiabilitiesAndStockholdersEquity
191500000 USD
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122700000 USD
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103500000 USD
CY2015Q3 us-gaap Liability For Uncertain Tax Positions Noncurrent
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1400000 USD
CY2016Q2 us-gaap Liability For Uncertain Tax Positions Noncurrent
LiabilityForUncertainTaxPositionsNoncurrent
1400000 USD
us-gaap Long Term Purchase Commitment Amount
LongTermPurchaseCommitmentAmount
22500000 USD
CY2015Q3 us-gaap Minority Interest
MinorityInterest
100000 USD
CY2016Q2 us-gaap Minority Interest
MinorityInterest
400000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
2900000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
0 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-3000000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1300000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-9500000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
7100000 USD
us-gaap Net Income Loss
NetIncomeLoss
-13100000 USD
us-gaap Net Income Loss
NetIncomeLoss
-23100000 USD
CY2016Q2 us-gaap Net Income Loss
NetIncomeLoss
-7900000 USD
us-gaap Net Income Loss
NetIncomeLoss
-14800000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
0 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
0 USD
CY2016Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
100000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
300000 USD
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 segments
us-gaap Operating Expenses
OperatingExpenses
27700000 USD
us-gaap Operating Expenses
OperatingExpenses
82800000 USD
CY2016Q2 us-gaap Operating Expenses
OperatingExpenses
22000000 USD
us-gaap Operating Expenses
OperatingExpenses
66000000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
-11700000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
-20800000 USD
CY2016Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-7600000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
-14200000 USD
CY2016Q2 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
14900000 USD
CY2016Q2 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
2600000 USD
CY2016Q2 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
3200000 USD
CY2016Q2 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
3200000 USD
CY2016Q2 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
4100000 USD
CY2016Q2 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
400000 USD
CY2016Q2 us-gaap Operating Leases Future Minimum Payments Remainder Of Fiscal Year
OperatingLeasesFutureMinimumPaymentsRemainderOfFiscalYear
1400000 USD
CY2015Q3 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
19700000 USD
CY2016Q2 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
16800000 USD
CY2015Q3 us-gaap Other Assets Current
OtherAssetsCurrent
15000000 USD
CY2016Q2 us-gaap Other Assets Current
OtherAssetsCurrent
11900000 USD
CY2015Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
1700000 USD
CY2016Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
1700000 USD
CY2016Q2 us-gaap Other Commitment
OtherCommitment
300000 USD
us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
-200000 USD
us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
0 USD
CY2016Q2 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
0 USD
us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
0 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-3000000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-3200000 USD
CY2016Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
400000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-700000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-6300000 USD
CY2015Q3 us-gaap Other Inventory Capitalized Costs
OtherInventoryCapitalizedCosts
2200000 USD
CY2016Q2 us-gaap Other Inventory Capitalized Costs
OtherInventoryCapitalizedCosts
3600000 USD
CY2015Q3 us-gaap Other Inventory Materials Supplies And Merchandise Under Consignment
OtherInventoryMaterialsSuppliesAndMerchandiseUnderConsignment
6800000 USD
CY2016Q2 us-gaap Other Inventory Materials Supplies And Merchandise Under Consignment
OtherInventoryMaterialsSuppliesAndMerchandiseUnderConsignment
6600000 USD
CY2015Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
2200000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-6300000 USD
CY2016Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
1800000 USD
CY2015Q4 us-gaap Payments For Restructuring
PaymentsForRestructuring
1000000 USD
CY2016Q1 us-gaap Payments For Restructuring
PaymentsForRestructuring
500000 USD
CY2016Q2 us-gaap Payments For Restructuring
PaymentsForRestructuring
600000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
3000000 USD
CY2016Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
400000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-700000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
400000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
400000 USD
CY2016Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
0 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
0 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
200000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
400000 USD
CY2016Q2 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
0 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
0 USD
CY2015Q3 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2016Q2 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
42000000 USD
us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
27000000 USD
CY2014Q2 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
3800000 USD
CY2014Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
3700000 USD
CY2015Q2 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
4000000 USD
CY2015Q3 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
4200000 USD
CY2016Q1 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
4800000 USD
CY2016Q2 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
4500000 USD
us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
1200000 USD
us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
3900000 USD
CY2016Q2 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
900000 USD
us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
2700000 USD
us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
1500000 USD
us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
4100000 USD
CY2016Q2 us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
600000 USD
us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
3000000 USD
us-gaap Profit Loss
ProfitLoss
-13100000 USD
us-gaap Profit Loss
ProfitLoss
-23100000 USD
CY2016Q2 us-gaap Profit Loss
ProfitLoss
-7800000 USD
us-gaap Profit Loss
ProfitLoss
-14500000 USD
CY2015Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
69200000 USD
CY2016Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
72200000 USD
CY2016Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
19400000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
500000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
1100000 USD
us-gaap Repayments Of Debt
RepaymentsOfDebt
39000000 USD
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
19400000 USD
us-gaap Repayments Of Debt
RepaymentsOfDebt
27000000 USD
us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
100000 USD
CY2015Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
24300000 USD
CY2015Q3 us-gaap Restructuring Reserve
RestructuringReserve
4500000 USD
CY2015Q4 us-gaap Restructuring Reserve
RestructuringReserve
3500000 USD
CY2016Q1 us-gaap Restructuring Reserve
RestructuringReserve
3000000 USD
CY2016Q2 us-gaap Restructuring Reserve
RestructuringReserve
3200000 USD
us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
0 USD
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
6400000 USD
CY2015Q3 us-gaap Restructuring Reserve Current
RestructuringReserveCurrent
3900000 USD
CY2016Q2 us-gaap Restructuring Reserve Current
RestructuringReserveCurrent
2700000 USD
CY2016Q2 us-gaap Restructuring Reserve Noncurrent
RestructuringReserveNoncurrent
500000 USD
CY2015Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-717500000 USD
CY2016Q2 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
5000000 USD
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
15700000 USD
us-gaap Restructuring Charges
RestructuringCharges
3200000 USD
us-gaap Restructuring Charges
RestructuringCharges
4700000 USD
CY2015Q4 us-gaap Restructuring Charges
RestructuringCharges
0 USD
CY2016Q1 us-gaap Restructuring Charges
RestructuringCharges
0 USD
CY2016Q2 us-gaap Restructuring Charges
RestructuringCharges
800000 USD
us-gaap Restructuring Charges
RestructuringCharges
800000 USD
CY2016Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-732300000 USD
us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
47000000 USD
us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
159300000 USD
CY2016Q2 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
36200000 USD
us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
134600000 USD
us-gaap Sales Revenue Net
SalesRevenueNet
74800000 USD
us-gaap Sales Revenue Net
SalesRevenueNet
248100000 USD
CY2016Q2 us-gaap Sales Revenue Net
SalesRevenueNet
60400000 USD
us-gaap Sales Revenue Net
SalesRevenueNet
210400000 USD
us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
27800000 USD
us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
88800000 USD
CY2016Q2 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
24200000 USD
us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
75800000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
18000000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
58400000 USD
CY2016Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
16200000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
49500000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
1700000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
1400000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
242538 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
1649094 shares
CY2015Q3 us-gaap Short Term Borrowings
ShortTermBorrowings
9000000 USD
CY2016Q2 us-gaap Short Term Borrowings
ShortTermBorrowings
9000000 USD
CY2015Q3 us-gaap Stockholders Equity
StockholdersEquity
83800000 USD
CY2016Q2 us-gaap Stockholders Equity
StockholdersEquity
69700000 USD
CY2015Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
83900000 USD
CY2016Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
70100000 USD
CY2016Q2 us-gaap Unrecorded Unconditional Purchase Obligation Balance Sheet Amount
UnrecordedUnconditionalPurchaseObligationBalanceSheetAmount
20000000 USD
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
62300000 shares
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
62200000 shares
CY2016Q2 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
63100000 shares
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
62800000 shares
us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:0px;padding-top:12px;text-align:start;padding-left:0px;text-indent:0px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;text-decoration:none;">Use of Estimates</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 consolidated financial statements in accordance with U.S.&#160;GAAP requires us to make estimates, assumptions and judgments affecting the amounts reported and related disclosures. Estimates are based upon historical factors, current circumstances and the experience and judgment of our management. We evaluate our estimates and assumptions on an ongoing basis and may employ outside experts to assist us in making these evaluations. Changes in such estimates, based on more accurate information, or different assumptions or conditions, may affect amounts reported in future periods. Such estimates affect significant items, including revenue recognition, provision for doubtful accounts, inventory valuation, valuation allowances for deferred tax assets, uncertainties in income taxes, restructuring obligations, product warranty obligations, share-based awards, contingencies and useful lives of property, plant and equipment.</font></div></div>

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