2017 Q1 Form 10-Q Financial Statement
#000156459017008384 Filed on May 03, 2017
Income Statement
Concept | 2017 Q1 | 2016 Q4 | 2016 Q1 |
---|---|---|---|
Revenue | $6.832M | $1.552M | $1.499M |
YoY Change | 355.77% | 5.51% | -76.37% |
Cost Of Revenue | |||
YoY Change | |||
Gross Profit | |||
YoY Change | |||
Gross Profit Margin | |||
Selling, General & Admin | $20.30M | $16.20M | $16.00M |
YoY Change | 26.88% | 12.5% | 119.18% |
% of Gross Profit | |||
Research & Development | $55.00M | $57.10M | $41.91M |
YoY Change | 31.23% | 59.94% | 76.7% |
% of Gross Profit | |||
Depreciation & Amortization | $2.840M | $2.520M | $2.280M |
YoY Change | 24.56% | 23.53% | 33.33% |
% of Gross Profit | |||
Operating Expenses | $76.75M | $73.89M | $58.88M |
YoY Change | 30.34% | 46.51% | 88.29% |
Operating Profit | -$69.91M | -$72.34M | -$57.38M |
YoY Change | 21.84% | 47.74% | 130.2% |
Interest Expense | $1.556M | -$600.0K | -$1.000M |
YoY Change | -255.6% | -146.15% | 400.0% |
% of Operating Profit | |||
Other Income/Expense, Net | -$355.0K | $900.0K | $961.0K |
YoY Change | -136.94% | 800.0% | 591.37% |
Pretax Income | -$68.71M | -$71.40M | -$56.42M |
YoY Change | 21.79% | 50.95% | 127.62% |
Income Tax | $0.00 | -$100.0K | -$145.0K |
% Of Pretax Income | |||
Net Earnings | -$68.71M | -$71.36M | -$56.27M |
YoY Change | 22.1% | 50.95% | 127.03% |
Net Earnings / Revenue | -1005.74% | -4598.2% | -3754.1% |
Basic Earnings Per Share | |||
Diluted Earnings Per Share | -$1.684M | -$1.874M | -$1.526M |
COMMON SHARES | |||
Basic Shares Outstanding | 40.84M | 37.30M | 36.93M |
Diluted Shares Outstanding |
Balance Sheet
Concept | 2017 Q1 | 2016 Q4 | 2016 Q1 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $634.1M | $704.4M | $553.1M |
YoY Change | 14.64% | 36.01% | 65.15% |
Cash & Equivalents | $216.0M | $278.9M | $192.6M |
Short-Term Investments | $418.1M | $425.5M | $360.5M |
Other Short-Term Assets | $3.285M | $3.085M | $7.900M |
YoY Change | -58.42% | -48.58% | 33.9% |
Inventory | |||
Prepaid Expenses | $8.209M | ||
Receivables | |||
Other Receivables | |||
Total Short-Term Assets | $667.3M | $724.2M | $561.0M |
YoY Change | 18.95% | 38.22% | 64.6% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $181.7M | $157.0M | $96.60M |
YoY Change | 88.1% | 89.99% | 473.29% |
Goodwill | $13.13M | $13.13M | |
YoY Change | 0.0% | 0.0% | |
Intangibles | $20.69M | $23.52M | |
YoY Change | -15.38% | -13.79% | |
Long-Term Investments | $165.8M | $180.5M | $273.8M |
YoY Change | -39.44% | -48.1% | 103.72% |
Other Assets | $24.90M | $22.68M | $10.69M |
YoY Change | 133.02% | 118.91% | 725.81% |
Total Long-Term Assets | $405.3M | $393.9M | $417.7M |
YoY Change | -2.97% | -17.66% | 116.45% |
TOTAL ASSETS | |||
Total Short-Term Assets | $667.3M | $724.2M | $561.0M |
Total Long-Term Assets | $405.3M | $393.9M | $417.7M |
Total Assets | $1.073B | $1.118B | $978.7M |
YoY Change | 9.59% | 11.55% | 83.34% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $8.800M | $13.66M | $3.136M |
YoY Change | 180.61% | 115.72% | 22.93% |
Accrued Expenses | $37.50M | $49.50M | $23.30M |
YoY Change | 60.94% | 114.29% | 54.3% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $72.60M | $74.53M | $38.97M |
YoY Change | 86.31% | 84.63% | -7.25% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $147.6M | $120.1M | $74.40M |
YoY Change | 98.39% | 94.02% | |
Other Long-Term Liabilities | $37.00M | $120.0K | $58.80M |
YoY Change | -37.07% | -49.37% | 22088.68% |
Total Long-Term Liabilities | $184.6M | $120.0K | $133.2M |
YoY Change | 38.59% | -49.37% | 50164.15% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $72.60M | $74.53M | $38.97M |
Total Long-Term Liabilities | $184.6M | $120.0K | $133.2M |
Total Liabilities | $257.2M | $248.7M | $172.2M |
YoY Change | 49.36% | 63.78% | 190.3% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$577.7M | ||
YoY Change | 83.87% | ||
Common Stock | $407.0K | ||
YoY Change | 10.3% | ||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $815.4M | $869.4M | $806.5M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $1.073B | $1.118B | $978.7M |
YoY Change | 9.59% | 11.55% | 83.34% |
Cashflow Statement
Concept | 2017 Q1 | 2016 Q4 | 2016 Q1 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$68.71M | -$71.36M | -$56.27M |
YoY Change | 22.1% | 50.95% | 127.03% |
Depreciation, Depletion And Amortization | $2.840M | $2.520M | $2.280M |
YoY Change | 24.56% | 23.53% | 33.33% |
Cash From Operating Activities | -$75.30M | -$69.11M | -$36.77M |
YoY Change | 104.79% | 108.85% | 52.19% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $26.02M | -$13.02M | $3.894M |
YoY Change | 568.31% | 278.49% | 236.85% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $21.57M | -$119.5M | $68.34M |
YoY Change | -68.44% | -45.1% | -135.63% |
Cash From Investing Activities | -$4.450M | -$132.6M | $64.45M |
YoY Change | -106.9% | -40.07% | -133.4% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | $3.040M | $639.0K | |
YoY Change | 375.74% | -74.07% | |
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 16.87M | 239.8M | 640.0K |
YoY Change | 2535.94% | 23406.86% | -73.98% |
NET CHANGE | |||
Cash From Operating Activities | -75.30M | -69.11M | -36.77M |
Cash From Investing Activities | -4.450M | -132.6M | 64.45M |
Cash From Financing Activities | 16.87M | 239.8M | 640.0K |
Net Change In Cash | -62.88M | 38.10M | 28.32M |
YoY Change | -322.03% | -115.04% | -113.19% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$75.30M | -$69.11M | -$36.77M |
Capital Expenditures | $26.02M | -$13.02M | $3.894M |
Free Cash Flow | -$101.3M | -$56.09M | -$40.66M |
YoY Change | 149.17% | 89.17% | 60.63% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2017Q1 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
3285000 | |
CY2016Q4 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
3085000 | |
CY2017Q1 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
1201000 | |
CY2016Q1 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
961000 | |
CY2017Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-68712000 | |
CY2016Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-56419000 | |
CY2016Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-145000 | |
CY2017Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-68712000 | |
CY2017Q1 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-1.68 | |
CY2017Q1 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
40836000 | |
CY2017Q1 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
-101000 | |
CY2016Q1 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
1319000 | |
CY2017Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-68813000 | |
CY2016Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-54955000 | |
CY2017Q1 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
|
0 | |
CY2016Q1 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
|
700000 | |
CY2017Q1 | blue |
Fair Value Of Contingent Consideration Non Cash
FairValueOfContingentConsiderationNonCash
|
1433000 | |
CY2016Q1 | blue |
Fair Value Of Contingent Consideration Non Cash
FairValueOfContingentConsiderationNonCash
|
1013000 | |
CY2017Q1 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
2844000 | |
CY2016Q1 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
2283000 | |
CY2017Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
11481000 | |
CY2016Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
10143000 | |
CY2017Q1 | us-gaap |
Other Noncash Expense
OtherNoncashExpense
|
838000 | |
CY2016Q1 | us-gaap |
Other Noncash Expense
OtherNoncashExpense
|
868000 | |
CY2017Q1 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
3105000 | |
CY2016Q1 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
2271000 | |
CY2017Q1 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-3257000 | |
CY2016Q1 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-2195000 | |
CY2017Q1 | us-gaap |
Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
-13318000 | |
CY2016Q1 | us-gaap |
Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
211000 | |
CY2017Q1 | us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
-3969000 | |
CY2016Q1 | us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
9222000 | |
CY2017Q1 | blue |
Increase Decrease In Deferred Rent Payable
IncreaseDecreaseInDeferredRentPayable
|
462000 | |
CY2016Q1 | blue |
Increase Decrease In Deferred Rent Payable
IncreaseDecreaseInDeferredRentPayable
|
234000 | |
CY2017Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
-75303000 | |
CY2016Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
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|
-36766000 | |
CY2017Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
26024000 | |
CY2016Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
3894000 | |
CY2017Q1 | us-gaap |
Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
|
82940000 | |
CY2016Q1 | us-gaap |
Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
|
28175000 | |
CY2017Q1 | us-gaap |
Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
|
104510000 | |
CY2016Q1 | us-gaap |
Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
|
96515000 | |
CY2017Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-4454000 | |
CY2016Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
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|
64446000 | |
CY2017Q1 | blue |
Proceeds From Reimbursement Of Tenant Improvements For Financing Lease Obligation
ProceedsFromReimbursementOfTenantImprovementsForFinancingLeaseObligation
|
13831000 | |
CY2017Q1 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
3040000 | |
CY2016Q1 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
639000 | |
CY2017Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
16871000 | |
CY2016Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
639000 | |
CY2017Q1 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
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|
-62886000 | |
CY2016Q1 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
28319000 | |
CY2015Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
164269000 | |
CY2016Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
192588000 | |
CY2017Q1 | blue |
Assets Acquired Under Financing Lease Obligation
AssetsAcquiredUnderFinancingLeaseObligation
|
1269000 | |
CY2016Q1 | blue |
Assets Acquired Under Financing Lease Obligation
AssetsAcquiredUnderFinancingLeaseObligation
|
12513000 | |
CY2017Q1 | us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
5971000 | |
CY2016Q1 | us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
1086000 | |
CY2017Q1 | blue |
Tenant Improvements Under Financing Lease Included In Tenant Improvements Receivable
TenantImprovementsUnderFinancingLeaseIncludedInTenantImprovementsReceivable
|
12687000 | |
CY2017Q1 | us-gaap |
Nature Of Operations
NatureOfOperations
|
<div> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">1. Description of the business </p> <p style="margin-bottom:0pt;margin-top:6pt;text-indent:2.27%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">bluebird bio, Inc. (the “Company” or “bluebird”) was incorporated in Delaware on April 16, 1992, and is headquartered in Cambridge, Massachusetts. The Company researches, develops, manufactures and plans to commercialize gene therapies for the treatment of severe genetic diseases and cancer. Since its inception, the Company has devoted substantially all of its resources to its research and development efforts relating to its product candidates, including activities to manufacture product candidates, conduct clinical studies of its product candidates, perform preclinical research to identify new product candidates and provide general and administrative support for these operations.</p></div> | |
CY2016Q4 | us-gaap |
Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
|
1492000 | |
CY2016Q4 | us-gaap |
Deferred Rent Credit Current
DeferredRentCreditCurrent
|
11000 | |
CY2016Q4 | us-gaap |
Business Combination Contingent Consideration Liability Current
BusinessCombinationContingentConsiderationLiabilityCurrent
|
4479000 | |
CY2017Q1 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
781000 | |
CY2016Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
643000 | |
CY2017Q1 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
14284000 | |
CY2016Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
12444000 | |
CY2017Q1 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<div> <p style="margin-bottom:0pt;margin-top:18pt;text-indent:0%;font-weight:bold;font-style:italic;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;">Use of estimates </p> <p style="margin-bottom:0pt;margin-top:6pt;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;text-indent:2.27%;">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the <font style="color:#000000;">reported amounts in the financial statements and accompanying notes. Actual results could materially differ from those estimates. Management considers many factors in selecting appropriate financial accounting policies and controls, and in developing the estimates and assumptions that are used in the preparation of these financial statements. Management must apply significant judgment in this process. In addition, other factors may affect estimates, including: expected business and operational changes, sensitivity and volatility associated with the assumptions used in developing estimates, and whether historical trends are expected to be representative of future trends. The estimation process often may yield a range of potentially reasonable estimates of the ultimate future outcomes and management must select an amount that falls within that range of reasonable estimates. This process may result in actual results differing materially</font> from those estimated amounts used in the preparation of the financial statements. Estimates are used in the following areas, among others: subsequent fair value estimates used to assess potential impairment of long-lived assets, including goodwill and intangible assets, financing lease obligation, contingent consideration, stock-based compensation expense, accrued expenses, revenue and income taxes.</p></div> | |
CY2017Q1 | us-gaap |
Available For Sale Securities Gross Realized Gain Loss Net
AvailableForSaleSecuritiesGrossRealizedGainLossNet
|
0 | |
CY2017Q1 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
6251000 | |
CY2016Q4 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
11296000 | |
CY2017Q1 | us-gaap |
Business Combination Contingent Consideration Liability Current
BusinessCombinationContingentConsiderationLiabilityCurrent
|
6059000 | |
CY2017Q1 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
196004000 | |
CY2016Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
169399000 | |
CY2017Q1 | blue |
Accrued Goods And Services
AccruedGoodsAndServices
|
29538000 | |
CY2016Q4 | blue |
Accrued Goods And Services
AccruedGoodsAndServices
|
34275000 | |
CY2017Q1 | blue |
Accrued License And Milestone Fees
AccruedLicenseAndMilestoneFees
|
285000 | |
CY2016Q4 | blue |
Accrued License And Milestone Fees
AccruedLicenseAndMilestoneFees
|
2464000 | |
CY2017Q1 | us-gaap |
Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
|
1393000 | |
CY2017Q1 | dei |
Entity Incorporation Date Of Incorporation
EntityIncorporationDateOfIncorporation
|
1992-04-16 | |
CY2017Q1 | us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
1 | |
CY2017Q1 | us-gaap |
Available For Sale Securities Amortized Cost
AvailableForSaleSecuritiesAmortizedCost
|
584507000 | |
CY2016Q4 | us-gaap |
Available For Sale Securities Amortized Cost
AvailableForSaleSecuritiesAmortizedCost
|
606481000 | |
CY2017Q1 | us-gaap |
Available For Sale Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
|
17000 | |
CY2016Q4 | us-gaap |
Available For Sale Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
|
40000 | |
CY2017Q1 | us-gaap |
Available For Sale Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
|
656000 | |
CY2016Q4 | us-gaap |
Available For Sale Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
|
578000 | |
CY2017Q1 | us-gaap |
Available For Sale Securities
AvailableForSaleSecurities
|
583868000 | |
CY2016Q4 | us-gaap |
Available For Sale Securities
AvailableForSaleSecurities
|
605943000 | |
CY2017Q1 | us-gaap |
Additional Cash And Cash Equivalent Related Text
AdditionalCashAndCashEquivalentRelatedText
|
Three months or less | |
CY2017Q1 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
4640000 | |
CY2016Q1 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
4434000 | |
CY2013Q2 | us-gaap |
Lessee Leasing Arrangements Operating Leases Term Of Contract
LesseeLeasingArrangementsOperatingLeasesTermOfContract
|
P9Y | |
CY2013Q2 | blue |
Area Of Leased Space
AreaOfLeasedSpace
|
43600 | |
CY2013Q2 | blue |
Lease Amendment Effective Month And Year
LeaseAmendmentEffectiveMonthAndYear
|
2014-06 | |
CY2013Q2 | blue |
Additional Lease Space Agreement
AdditionalLeaseSpaceAgreement
|
9900 | |
CY2013Q2 | us-gaap |
Operating Leases Rent Expense Minimum Rentals
OperatingLeasesRentExpenseMinimumRentals
|
200000 | |
CY2014Q4 | us-gaap |
Operating Leases Rent Expense Contingent Rentals
OperatingLeasesRentExpenseContingentRentals
|
300000 | |
CY2013Q2 | blue |
Landlord Contribution For Leasehold Improvements
LandlordContributionForLeaseholdImprovements
|
7800000 | |
CY2013Q2 | blue |
Letter Of Credit Related To New Lease Agreement
LetterOfCreditRelatedToNewLeaseAgreement
|
1300000 | |
CY2017Q1 | blue |
Letter Of Credit Related To New Lease Agreement
LetterOfCreditRelatedToNewLeaseAgreement
|
600000 | |
CY2013Q2 | blue |
Lease Starting Date
LeaseStartingDate
|
2013-06-03 | |
CY2017Q1 | blue |
Lease Termination Date
LeaseTerminationDate
|
2017-04-12 | |
CY2016Q4 | blue |
Contractual Obligation Agreement Period
ContractualObligationAgreementPeriod
|
P5Y | |
CY2016Q4 | blue |
Contractual Obligation Agreement Renewal Period
ContractualObligationAgreementRenewalPeriod
|
P3Y | |
CY2016Q4 | blue |
Contractual Obligation Fees
ContractualObligationFees
|
3000000 | |
CY2016Q4 | blue |
Contractual Obligation Advance Fees Payment
ContractualObligationAdvanceFeesPayment
|
2000000 | |
CY2016Q4 | blue |
Contractual Obligation Fees Payable
ContractualObligationFeesPayable
|
1000000 | |
CY2016Q4 | us-gaap |
Maintenance Costs
MaintenanceCosts
|
9800000 | |
CY2017Q1 | blue |
Contractual Obligation Termination Description
ContractualObligationTerminationDescription
|
The Company may terminate this agreement with six months’ notice and a one-time termination fee prior to July 1, 2018, or twelve months’ notice and a one-time termination fee thereafter. | |
CY2017Q1 | us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
1500000 | |
CY2017Q1 | blue |
Tenant Improvement Costs Received
TenantImprovementCostsReceived
|
7800000 | |
CY2017Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Other Increases Decreases In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOtherIncreasesDecreasesInPeriod
|
1600000 | |
CY2017Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
|
2000000 | |
CY2017Q1 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
11481000 | |
CY2016Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
3735000 | |
CY2017Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
696000 | |
CY2017Q1 | us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
181000 | |
CY2017Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
|
47000 | |
CY2017Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
4203000 | |
CY2017Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
|
2070000 | |
CY2017Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
|
4203000 | |
CY2016Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
52.17 | |
CY2017Q1 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
76.37 | |
CY2017Q1 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
15.18 | |
CY2017Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
|
88.88 | |
CY2017Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
57.35 | |
CY2017Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
|
42.63 | |
CY2017Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
|
57.35 | |
CY2017Q1 | us-gaap |
Proceeds From Stock Plans
ProceedsFromStockPlans
|
2700000 |