2014 Q3 Form 10-Q Financial Statement
#000156459014005002 Filed on November 05, 2014
Income Statement
Concept | 2014 Q3 | 2013 Q3 |
---|---|---|
Revenue | $434.9M | $402.9M |
YoY Change | 7.94% | 38.09% |
Cost Of Revenue | $337.3M | $310.4M |
YoY Change | 8.67% | 32.59% |
Gross Profit | $97.65M | $92.49M |
YoY Change | 5.57% | 60.27% |
Gross Profit Margin | 22.45% | 22.96% |
Selling, General & Admin | $82.00M | $72.30M |
YoY Change | 13.42% | 23.17% |
% of Gross Profit | 83.98% | 78.17% |
Research & Development | ||
YoY Change | ||
% of Gross Profit | ||
Depreciation & Amortization | $2.400M | $2.000M |
YoY Change | 20.0% | -33.33% |
% of Gross Profit | 2.46% | 2.16% |
Operating Expenses | $81.90M | $72.40M |
YoY Change | 13.12% | 23.55% |
Operating Profit | $15.75M | $20.09M |
YoY Change | -21.63% | -2365.39% |
Interest Expense | -$6.400M | -$7.500M |
YoY Change | -14.67% | -29.25% |
% of Operating Profit | -40.64% | -37.32% |
Other Income/Expense, Net | ||
YoY Change | ||
Pretax Income | $9.192M | $12.80M |
YoY Change | -28.19% | -204.92% |
Income Tax | $500.0K | -$100.0K |
% Of Pretax Income | 5.44% | -0.78% |
Net Earnings | $8.504M | $12.79M |
YoY Change | -33.53% | -194.32% |
Net Earnings / Revenue | 1.96% | 3.18% |
Basic Earnings Per Share | $0.09 | $0.13 |
Diluted Earnings Per Share | $0.07 | $0.13 |
COMMON SHARES | ||
Basic Shares Outstanding | 98.10M | 97.19M shares |
Diluted Shares Outstanding | 100.4M |
Balance Sheet
Concept | 2014 Q3 | 2013 Q3 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $67.80M | $50.40M |
YoY Change | 34.52% | -44.43% |
Cash & Equivalents | $67.80M | $50.36M |
Short-Term Investments | ||
Other Short-Term Assets | $23.60M | $11.70M |
YoY Change | 101.71% | -53.94% |
Inventory | $134.2M | $125.3M |
Prepaid Expenses | ||
Receivables | $170.8M | $164.0M |
Other Receivables | $0.00 | $0.00 |
Total Short-Term Assets | $396.3M | $351.4M |
YoY Change | 12.78% | 6.68% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $62.40M | $46.40M |
YoY Change | 34.48% | -6.26% |
Goodwill | ||
YoY Change | ||
Intangibles | $8.772M | |
YoY Change | ||
Long-Term Investments | ||
YoY Change | ||
Other Assets | $19.81M | $24.90M |
YoY Change | -20.43% | 182.95% |
Total Long-Term Assets | $213.0M | $182.5M |
YoY Change | 16.74% | 7.73% |
TOTAL ASSETS | ||
Total Short-Term Assets | $396.3M | $351.4M |
Total Long-Term Assets | $213.0M | $182.5M |
Total Assets | $609.3M | $533.9M |
YoY Change | 14.13% | 7.04% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $97.23M | $90.90M |
YoY Change | 6.96% | 7.96% |
Accrued Expenses | $76.44M | $60.50M |
YoY Change | 26.35% | 66.67% |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | $30.07M | $100.0K |
YoY Change | 29972.0% | 0.0% |
Total Short-Term Liabilities | $203.7M | $151.5M |
YoY Change | 34.48% | 25.62% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $353.8M | $353.9M |
YoY Change | -0.01% | 18.6% |
Other Long-Term Liabilities | $16.52M | $23.00M |
YoY Change | -28.18% | 10.05% |
Total Long-Term Liabilities | $370.4M | $376.9M |
YoY Change | -1.73% | 18.04% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $203.7M | $151.5M |
Total Long-Term Liabilities | $370.4M | $376.9M |
Total Liabilities | $574.1M | $528.4M |
YoY Change | 8.65% | 20.12% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | -$343.3M | |
YoY Change | ||
Common Stock | $378.5M | |
YoY Change | ||
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $35.24M | $5.500M |
YoY Change | ||
Total Liabilities & Shareholders Equity | $609.3M | $533.9M |
YoY Change | 14.13% | 7.04% |
Cashflow Statement
Concept | 2014 Q3 | 2013 Q3 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $8.504M | $12.79M |
YoY Change | -33.53% | -194.32% |
Depreciation, Depletion And Amortization | $2.400M | $2.000M |
YoY Change | 20.0% | -33.33% |
Cash From Operating Activities | $29.80M | $29.70M |
YoY Change | 0.34% | -370.0% |
INVESTING ACTIVITIES | ||
Capital Expenditures | -$2.400M | -$4.800M |
YoY Change | -50.0% | -7.69% |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | -$24.30M | $1.100M |
YoY Change | -2309.09% | -38.89% |
Cash From Investing Activities | -$26.80M | -$3.800M |
YoY Change | 605.26% | 11.76% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | 30.10M | -1.100M |
YoY Change | -2836.36% | -1200.0% |
NET CHANGE | ||
Cash From Operating Activities | 29.80M | 29.70M |
Cash From Investing Activities | -26.80M | -3.800M |
Cash From Financing Activities | 30.10M | -1.100M |
Net Change In Cash | 33.10M | 24.80M |
YoY Change | 33.47% | -273.43% |
FREE CASH FLOW | ||
Cash From Operating Activities | $29.80M | $29.70M |
Capital Expenditures | -$2.400M | -$4.800M |
Free Cash Flow | $32.20M | $34.50M |
YoY Change | -6.67% | -694.83% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2013Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
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Commitments And Contingencies
CommitmentsAndContingencies
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Preferred Stock Value
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Commitments And Contingencies
CommitmentsAndContingencies
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Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
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us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
30145000 | ||
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
1306000 | ||
us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
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1535000 | ||
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
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us-gaap |
Increase Decrease In Other Operating Capital Net
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|
490000 | ||
us-gaap |
Increase Decrease In Accrued Liabilities
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21004000 | ||
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Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
11470000 | ||
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
16185000 | ||
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Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
16518000 | |
CY2013Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
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20144000 | |
CY2014Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
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CY2014Q3 | us-gaap |
Common Stock Value
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Preferred Stock Shares Outstanding
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Preferred Stock Shares Authorized
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Common Stock Shares Authorized
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Preferred Stock Shares Outstanding
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CommonStockSharesOutstanding
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Common Stock Shares Authorized
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Common Stock Shares Issued
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Common Stock Value
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Common Stock Shares Outstanding
CommonStockSharesOutstanding
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Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
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CY2013Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
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CY2014Q3 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
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CY2013Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
515839000 | |
CY2014Q3 | us-gaap |
Retained Earnings Accumulated Deficit
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Liabilities And Stockholders Equity
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Preferred Stock Shares Issued
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Preferred Stock Par Or Stated Value Per Share
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Additional Paid In Capital Common Stock
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us-gaap |
Net Cash Provided By Used In Financing Activities
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us-gaap |
Proceeds From Stock Options Exercised
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|
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Payments For Repurchase Of Common Stock
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Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
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Long Term Debt Noncurrent
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Other Assets Noncurrent
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Proceeds From Lines Of Credit
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Proceeds From Lines Of Credit
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Repayments Of Lines Of Credit
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Amortization Of Debt Discount Premium
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Increase Decrease In Other Operating Capital Net
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Fair Value Adjustment Of Warrants
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Deferred Income Tax Expense Benefit
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Provision For Doubtful Accounts
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Share Based Compensation
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|
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us-gaap |
Increase Decrease In Receivables
IncreaseDecreaseInReceivables
|
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CY2014Q3 | us-gaap |
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us-gaap |
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|
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Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
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us-gaap |
Increase Decrease In Other Operating Assets
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|
4382000 | ||
us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
2028000 | ||
us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
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us-gaap |
Share Based Compensation
ShareBasedCompensation
|
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Gain Loss On Sale Of Property Plant Equipment
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|
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Proceeds From Issuance Of Long Term Debt
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Proceeds From Repayments Of Other Long Term Debt
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Cash And Cash Equivalents At Carrying Value
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Amortization Of Financing Costs
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us-gaap |
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bldr |
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Weighted Average Number Diluted Shares Outstanding Adjustment
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Payments Of Debt Issuance Costs
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Intangible Assets Net Excluding Goodwill
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Assets
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CY2013Q4 | us-gaap |
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Long Term Debt Noncurrent
LongTermDebtNoncurrent
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|
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bldr |
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|
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us-gaap |
Other Adjustments To Income Discontinued Operations
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|
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us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
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us-gaap |
Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
|
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us-gaap |
Net Cash Provided By Used In Investing Activities
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|
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Payments Of Debt Extinguishment Costs
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|
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us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
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|
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Long Term Debt
LongTermDebt
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Long Term Debt
LongTermDebt
|
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|
0.25 | |
CY2014Q1 | us-gaap |
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Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExercisePrice
|
7.67 | |
CY2014Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
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us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
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us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
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|
0.921 | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
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0.0000 | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
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|
0.0183 | ||
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|
-3300000 | |
us-gaap |
Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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-6300000 | ||
CY2013Q3 | us-gaap |
Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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-3400000 | |
us-gaap |
Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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17900000 | ||
bldr |
Number Of Product And Service Category Operated By Entity
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|
5 | ||
us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
1 | ||
CY2013Q4 | us-gaap |
Goodwill Gross
GoodwillGross
|
155829000 | |
CY2013Q4 | us-gaap |
Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
|
44636000 | |
us-gaap |
Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
|
10840000 | ||
CY2014Q3 | us-gaap |
Goodwill Gross
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|
166669000 | |
CY2014Q3 | us-gaap |
Goodwill Impaired Accumulated Impairment Loss
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|
44636000 | |
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Goodwill Period Increase Decrease
GoodwillPeriodIncreaseDecrease
|
0 | |
bldr |
Tax Amortization Period For Acquired Goodwill
TaxAmortizationPeriodForAcquiredGoodwill
|
P15Y | ||
CY2014Q3 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
11760000 | |
CY2014Q3 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
2988000 | |
CY2013Q4 | us-gaap |
Finite Lived Intangible Assets Gross
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|
3334000 | |
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Finite Lived Intangible Assets Accumulated Amortization
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|
2507000 | |
CY2014Q3 | us-gaap |
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|
300000 | |
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
500000 | ||
CY2013Q3 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
100000 | |
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
300000 | ||
CY2014Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
|
348000 | |
CY2014Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
|
1329000 | |
CY2014Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
|
1210000 | |
CY2014Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
|
1042000 | |
CY2014Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
|
1042000 |