$BOX
BOX INC

2017 Q4 Form 10-Q Financial Statement

#000156459017024752 Filed on December 08, 2017

View on sec.gov

Income Statement

Concept 2017 Q4 2016 Q4 2016 Q3
Revenue $129.3M $102.8M $95.70M
YoY Change 25.78% 30.62% 30.2%
Cost Of Revenue $34.50M $27.10M $27.60M
YoY Change 27.31% 14.83% 33.98%
Gross Profit $94.80M $75.70M $68.11M
YoY Change 25.23% 37.64% 29.0%
Gross Profit Margin 73.32% 73.64% 71.17%
Selling, General & Admin $102.5M $83.80M $77.77M
YoY Change 22.32% 0.12% 2.19%
% of Gross Profit 108.12% 110.7% 114.17%
Research & Development $34.80M $29.70M $28.27M
YoY Change 17.17% 12.93% 6.66%
% of Gross Profit 36.71% 39.23% 41.5%
Depreciation & Amortization $9.900M $8.200M $9.800M
YoY Change 20.73% -3.53% 16.67%
% of Gross Profit 10.44% 10.83% 14.39%
Operating Expenses $137.4M $113.5M $106.0M
YoY Change 21.06% 3.09% 3.34%
Operating Profit -$42.60M -$37.80M -$37.92M
YoY Change 12.7% -31.4% -23.86%
Interest Expense -$300.0K -$200.0K -$189.0K
YoY Change 50.0% 566.67% -5.5%
% of Operating Profit
Other Income/Expense, Net $300.0K $0.00 $190.0K
YoY Change -100.0% -712.9%
Pretax Income -$42.57M -$38.00M -$37.92M
YoY Change 12.02% -30.78% -24.22%
Income Tax $355.0K $200.0K $184.0K
% Of Pretax Income
Net Earnings -$42.92M -$38.20M -$38.10M
YoY Change 12.37% -30.67% -24.06%
Net Earnings / Revenue -33.2% -37.16% -39.81%
Basic Earnings Per Share
Diluted Earnings Per Share -$318.7K -$297.7K -$300.5K
COMMON SHARES
Basic Shares Outstanding
Diluted Shares Outstanding

Balance Sheet

Concept 2017 Q4 2016 Q4 2016 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $172.9M $167.8M $173.3M
YoY Change 3.04% -21.92% -28.45%
Cash & Equivalents $172.9M $167.8M $173.3M
Short-Term Investments $0.00 $0.00
Other Short-Term Assets $4.346M $3.822M $2.738M
YoY Change 13.71% -87.79% -94.19%
Inventory
Prepaid Expenses $9.569M $8.948M $11.03M
Receivables $95.90M $86.00M $75.20M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $296.0M $277.2M $272.9M
YoY Change 6.78% -10.72% -20.51%
LONG-TERM ASSETS
Property, Plant & Equipment $118.3M $113.4M $107.1M
YoY Change 4.32% 94.03% 34.55%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $36.20M $35.60M $36.40M
YoY Change 1.69% -1.66% 1.39%
Total Long-Term Assets $170.8M $166.2M $159.3M
YoY Change 2.77% -1.95% 16.53%
TOTAL ASSETS
Total Short-Term Assets $296.0M $277.2M $272.9M
Total Long-Term Assets $170.8M $166.2M $159.3M
Total Assets $466.8M $443.4M $432.2M
YoY Change 5.28% -7.63% -9.96%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $11.30M $9.900M $7.600M
YoY Change 14.14% -65.74% -66.96%
Accrued Expenses $40.20M $39.60M $35.50M
YoY Change 1.52% -22.05% -21.46%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $18.10M $10.80M $8.100M
YoY Change 67.59% 272.41% 326.32%
Total Short-Term Liabilities $296.9M $240.2M $217.7M
YoY Change 23.61% 13.41% 14.88%
LONG-TERM LIABILITIES
Long-Term Debt $66.70M $54.70M $50.70M
YoY Change 21.94% 22.37% 17.09%
Other Long-Term Liabilities $76.90M $59.60M $62.90M
YoY Change 29.03% 15.5% 34.98%
Total Long-Term Liabilities $143.6M $114.3M $113.6M
YoY Change 25.63% 18.69% 26.36%
TOTAL LIABILITIES
Total Short-Term Liabilities $296.9M $240.2M $217.7M
Total Long-Term Liabilities $143.6M $114.3M $113.6M
Total Liabilities $440.5M $354.5M $331.3M
YoY Change 24.26% 15.06% 18.58%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $26.30M $88.90M $100.8M
YoY Change
Total Liabilities & Shareholders Equity $466.8M $443.4M $432.2M
YoY Change 5.28% -7.63% -9.96%

Cashflow Statement

Concept 2017 Q4 2016 Q4 2016 Q3
OPERATING ACTIVITIES
Net Income -$42.92M -$38.20M -$38.10M
YoY Change 12.37% -30.67% -24.06%
Depreciation, Depletion And Amortization $9.900M $8.200M $9.800M
YoY Change 20.73% -3.53% 16.67%
Cash From Operating Activities $14.09M -$6.800M -$4.900M
YoY Change -307.26% -60.92% -77.31%
INVESTING ACTIVITIES
Capital Expenditures $3.003M $1.892M $771.0K
YoY Change 58.72% -90.54% -95.7%
Acquisitions
YoY Change
Other Investing Activities $0.00 $0.00 $800.0K
YoY Change -100.0% -33.33%
Cash From Investing Activities -$3.001M -$1.900M $0.00
YoY Change 57.95% -103.36% -100.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $8.640M $6.710M
YoY Change 28.76% -34.74%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -3.423M 3.200M -4.500M
YoY Change -206.97% -69.23% 221.43%
NET CHANGE
Cash From Operating Activities 14.09M -6.800M -4.900M
Cash From Investing Activities -3.001M -1.900M 0.000
Cash From Financing Activities -3.423M 3.200M -4.500M
Net Change In Cash 7.582M -5.500M -9.400M
YoY Change -237.85% -111.11% -76.38%
FREE CASH FLOW
Cash From Operating Activities $14.09M -$6.800M -$4.900M
Capital Expenditures $3.003M $1.892M $771.0K
Free Cash Flow $11.09M -$8.692M -$5.671M
YoY Change -227.6% -76.76% -85.66%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2017Q4 us-gaap Share Based Compensation
ShareBasedCompensation
25523000
CY2017Q4 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-43012000
CY2017Q4 us-gaap Depreciation And Amortization
DepreciationAndAmortization
9913000
CY2017Q4 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-88000
CY2017Q4 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-2592000
CY2017Q4 us-gaap Amortization Of Deferred Sales Commissions
AmortizationOfDeferredSalesCommissions
5393000
CY2017Q4 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
124000
CY2017Q4 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
14094000
us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
240000
CY2017Q4 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-12023000
CY2017Q4 box Increase Decrease In Deferred Commissions
IncreaseDecreaseInDeferredCommissions
4616000
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
7057000
CY2017Q4 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
3003000
CY2016Q4 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1892000
CY2017Q4 box Increase Decrease In Prepaid Deferred Expense Restricted Cash And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseRestrictedCashAndOtherAssets
-2746000
CY2016Q4 box Increase Decrease In Prepaid Deferred Expense Restricted Cash And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseRestrictedCashAndOtherAssets
-1670000
box Increase Decrease In Prepaid Deferred Expense Restricted Cash And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseRestrictedCashAndOtherAssets
2959000
box Increase Decrease In Prepaid Deferred Expense Restricted Cash And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseRestrictedCashAndOtherAssets
-4107000
CY2017Q4 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
-4828000
CY2017Q4 box Increase Decrease In Deferred Rent
IncreaseDecreaseInDeferredRent
1413000
CY2017Q4 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
12167000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
4800000
CY2017Q4 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
2000
CY2016Q4 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
8000
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
31000
CY2017Q4 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-3001000
CY2016Q4 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-1884000
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-4769000
box Payment Of Borrowing Costs
PaymentOfBorrowingCosts
93000
CY2017Q4 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
4002000
CY2016Q4 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
3388000
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
9415000
CY2017Q4 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
8640000
CY2016Q4 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
6710000
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
17521000
CY2017Q4 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
11284000
us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
991000
CY2017Q4 us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
4781000
CY2017Q4 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-3423000
CY2016Q4 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
3194000
CY2016Q4 us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
2178000
CY2016Q4 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents Continuing Operations
EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations
-12000
CY2017Q4 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents Continuing Operations
EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations
-88000
CY2017Q4 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
7582000
CY2016Q4 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-5531000
CY2017Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
165275000
CY2016Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
173331000
CY2017Q4 us-gaap Interest Paid
InterestPaid
527000
CY2016Q4 us-gaap Interest Paid
InterestPaid
50000
CY2017Q4 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
425000
CY2016Q4 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
95000
CY2017Q4 box Change In Accrued Equipment Purchases
ChangeInAccruedEquipmentPurchases
1714000
CY2016Q4 box Change In Accrued Equipment Purchases
ChangeInAccruedEquipmentPurchases
3647000
CY2017Q4 us-gaap Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
6194000
CY2016Q4 us-gaap Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
8390000
CY2017Q4 box Change In Unpaid Tax Related To Capital Lease
ChangeInUnpaidTaxRelatedToCapitalLease
160000
CY2016Q4 box Change In Unpaid Tax Related To Capital Lease
ChangeInUnpaidTaxRelatedToCapitalLease
522000
box Early Vesting Of Exercised Stock Options And Restricted Stock Units
EarlyVestingOfExercisedStockOptionsAndRestrictedStockUnits
11000
CY2016Q4 box Noncash Or Part Noncash Acquisition Noncash Financial Or Equity Instrument Consideration Shares Issued Value
NoncashOrPartNoncashAcquisitionNoncashFinancialOrEquityInstrumentConsiderationSharesIssuedValue
1011000
box Noncash Or Part Noncash Acquisition Noncash Financial Or Equity Instrument Consideration Shares Issued Value
NoncashOrPartNoncashAcquisitionNoncashFinancialOrEquityInstrumentConsiderationSharesIssuedValue
1011000
CY2017Q4 box Timing Of Settlement Of Stock Options Exercise
TimingOfSettlementOfStockOptionsExercise
520000
box Timing Of Settlement Of Stock Options Exercise
TimingOfSettlementOfStockOptionsExercise
520000
us-gaap Use Of Estimates
UseOfEstimates
<div> <p style="margin-top:18pt;margin-bottom:0pt;font-weight:bold;font-style:italic;font-family:Times New Roman;font-size:10pt;text-transform:none;font-variant: normal;text-indent:4.54%;">Use of Estimates</p> <p style="margin-top:6pt;margin-bottom:0pt;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;text-indent:4.54%;">The preparation of consolidated financial statements in conformity with U.S. GAAP requires management to make, on an ongoing basis, estimates and assumptions that affect the amounts reported and disclosed in the financial statements and the accompanying notes. Actual results could differ from these estimates. Such estimates include, but are not limited to, the determination of the allowance for accounts receivable, fair value of acquired intangible assets and goodwill, useful lives of acquired intangible assets and property and equipment, best estimate of selling price included in multiple-deliverable revenue arrangements, fair values of stock-based awards, legal contingencies, and the provision for income taxes, including related reserves, among others. Management bases its estimates on historical experience and on various other assumptions which management believes to be reasonable, the results of which form the basis for making judgments about the carrying values of assets and liabilities.&#160;</p></div>
us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div> <p style="margin-top:18pt;margin-bottom:0pt;font-weight:bold;font-style:italic;font-family:Times New Roman;font-size:10pt;text-transform:none;font-variant: normal;text-indent:4.54%;">Certain Risks and Concentrations</p> <p style="margin-top:6pt;margin-bottom:0pt;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;text-indent:4.54%;">Our financial instruments that are exposed to concentrations of credit risk consist primarily of cash and cash equivalents, restricted cash and accounts receivable. Although we deposit our cash with multiple financial institutions, our deposits, at times, may exceed federally insured limits.</p> <p style="margin-top:12pt;margin-bottom:0pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">We sell to a broad range of customers, including resellers. Our revenue is derived substantially from the United States across a multitude of industries. Accounts receivable are derived from the delivery of our services to customers primarily located in the United States. We accept and settle our accounts receivable using credit cards, electronic payments and checks. A majority of our lower dollar value invoices are settled by credit card on or near the date of the invoice. We do not require collateral from customers to secure accounts receivable. We maintain an allowance for accounts receivable based upon the expected collectability, which takes into consideration specific customer creditworthiness and current economic trends. We believe collections of our accounts receivable are reasonably assured based on the size, industry diversification, financial condition and past transaction history of our customers. As of October 31, 2017, one customer, which was a reseller, accounted for more than 10% of total accounts receivable. As of January 31, 2017, two customers, which were both resellers, accounted for more than 10% of total accounts receivable. No single customer, including resellers, represented over 10% of revenue for&#160;the&#160;three&#160;and&#160;nine&#160;months&#160;ended October 31, 2017 and 2016.</p> <p style="margin-top:12pt;margin-bottom:0pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">We serve our customers and users from datacenter facilities operated by third parties. In order to reduce the risk of down time of our enterprise cloud content services, we have established datacenters and third-party cloud computing and hosting providers in various locations in the United States and abroad. We have internal procedures to restore services in the event of disaster at any one of our current datacenter facilities. Even with these procedures for disaster recovery in place, our cloud services could be significantly interrupted during the implementation of the procedures to restore services.</p> <p style="margin-top:18pt;margin-bottom:0pt;text-indent:4.54%;font-weight:bold;font-style:italic;font-family:Times New Roman;font-size:10pt;text-transform:none;font-variant: normal;">Geographic Locations</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">For the three and nine months ended October 31, 2017, revenue attributable to customers in the United States and customers outside the United States was 79% and 21%, respectively. For the three and nine months ended October 31, 2016, revenue attributable to customers in the United States and customers outside the United States was 83% and 17%, respectively. No other country outside of the United States comprised 10% or greater of our revenue for any of the periods presented. <font style="Background-color:#FFFFFF;color:#222222;font-size:9.5pt;font-family:Arial;">&#160;</font></p> <p style="margin-top:12pt;margin-bottom:0pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Substantially all of our net assets are located in the United States. As of October 31, 2017 and January 31, 2017, property and equipment located in the United States was 98.7% and&#160;99.7%, respectively.</p></div>
box Customer Relationships Expected Benefit Period
CustomerRelationshipsExpectedBenefitPeriod
P5Y
us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
25200000
CY2017Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
9569000
CY2017Q1 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
9256000
CY2017Q4 us-gaap Other Assets Current
OtherAssetsCurrent
4346000
CY2017Q1 us-gaap Other Assets Current
OtherAssetsCurrent
1570000
CY2017Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
262877000
CY2017Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
237677000
CY2017Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
144599000
CY2017Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
120501000
CY2017Q4 us-gaap Capital Leases Lessee Balance Sheet Assets By Major Class Accumulated Deprecation
CapitalLeasesLesseeBalanceSheetAssetsByMajorClassAccumulatedDeprecation
23600000
CY2017Q1 us-gaap Capital Leases Lessee Balance Sheet Assets By Major Class Accumulated Deprecation
CapitalLeasesLesseeBalanceSheetAssetsByMajorClassAccumulatedDeprecation
10400000
CY2017Q4 us-gaap Depreciation
Depreciation
9900000
CY2016Q4 us-gaap Depreciation
Depreciation
8200000
us-gaap Depreciation
Depreciation
28800000
us-gaap Depreciation
Depreciation
28600000
CY2017Q4 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
0
us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
0
CY2017Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
15474000
CY2017Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
15411000
CY2016Q4 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
500000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
500000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
2900000
CY2017Q4 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
26500000
CY2017Q1 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
26800000
CY2017Q4 us-gaap Capital Leases Future Minimum Payments Remainder Of Fiscal Year
CapitalLeasesFutureMinimumPaymentsRemainderOfFiscalYear
5082000
CY2017Q4 us-gaap Capital Leases Future Minimum Payments Due In Two Years
CapitalLeasesFutureMinimumPaymentsDueInTwoYears
17923000
CY2017Q4 us-gaap Capital Leases Future Minimum Payments Due In Three Years
CapitalLeasesFutureMinimumPaymentsDueInThreeYears
12415000
CY2017Q4 us-gaap Capital Leases Future Minimum Payments Due In Four Years
CapitalLeasesFutureMinimumPaymentsDueInFourYears
8932000
CY2017Q4 us-gaap Capital Leases Future Minimum Payments Due In Five Years
CapitalLeasesFutureMinimumPaymentsDueInFiveYears
1947000
CY2017Q4 us-gaap Capital Leases Future Minimum Payments Due
CapitalLeasesFutureMinimumPaymentsDue
46299000
CY2017Q4 us-gaap Capital Leases Future Minimum Payments Interest Included In Payments
CapitalLeasesFutureMinimumPaymentsInterestIncludedInPayments
1561000
CY2017Q4 us-gaap Capital Leases Future Minimum Payments Present Value Of Net Minimum Payments
CapitalLeasesFutureMinimumPaymentsPresentValueOfNetMinimumPayments
44738000
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Remainder Of Fiscal Year
OperatingLeasesFutureMinimumPaymentsRemainderOfFiscalYear
6593000
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
28061000
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
32453000
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
33447000
CY2017Q4 us-gaap Contractual Obligation Due In Third Year
ContractualObligationDueInThirdYear
22708000
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
1533056
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
1561172
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
852990
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
30793000
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
161669000
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
293016000
CY2017Q4 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
8100000
CY2016Q4 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
4700000
us-gaap Lease And Rental Expense
LeaseAndRentalExpense
20300000
us-gaap Lease And Rental Expense
LeaseAndRentalExpense
13300000
CY2017Q4 us-gaap Operating Leases Income Statement Sublease Revenue
OperatingLeasesIncomeStatementSubleaseRevenue
1900000
CY2016Q4 us-gaap Operating Leases Income Statement Sublease Revenue
OperatingLeasesIncomeStatementSubleaseRevenue
1800000
us-gaap Operating Leases Income Statement Sublease Revenue
OperatingLeasesIncomeStatementSubleaseRevenue
5600000
us-gaap Operating Leases Income Statement Sublease Revenue
OperatingLeasesIncomeStatementSubleaseRevenue
5000000
CY2017Q4 us-gaap Contractual Obligation Future Minimum Payments Due Remainder Of Fiscal Year
ContractualObligationFutureMinimumPaymentsDueRemainderOfFiscalYear
5046000
CY2017Q4 us-gaap Contractual Obligation Due In Second Year
ContractualObligationDueInSecondYear
25164000
CY2017Q4 us-gaap Contractual Obligation
ContractualObligation
52918000
box Description Of Offering Period
DescriptionOfOfferingPeriod
the offering period resets and the new lower price becomes the new offering price for a new 24 month offering period
CY2017Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
12318800
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
11437694
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
11330158
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
8939286
CY2017Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
7.44
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
17.46
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
6.36
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
15.05
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
8.37
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
8.30
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
6.36
CY2017 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P6Y5M1D
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P5Y11M26D
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P5Y11M19D
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P5Y3M19D
CY2017Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
119606000
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
155364000
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
154675000
CY2017Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
139342000
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
18800000
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
21500000
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
7200000
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
12700000
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
7.04
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
5.45
CY2017Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
15100000
CY2017Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P2Y4M25D
us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P2Y4M25D
CY2017Q4 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
25523000
CY2016Q4 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
19917000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
72536000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
55070000
CY2017Q4 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
28020000
CY2016Q4 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
24932000
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
29174000
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
26140000
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1

Files In Submission

Name View Source Status
0001564590-17-024752-index-headers.html Edgar Link pending
0001564590-17-024752-index.html Edgar Link pending
0001564590-17-024752.txt Edgar Link pending
0001564590-17-024752-xbrl.zip Edgar Link pending
box-10q_20171031.htm Edgar Link pending
box-20171031.xml Edgar Link completed
box-20171031.xsd Edgar Link pending
box-20171031_cal.xml Edgar Link unprocessable
box-20171031_def.xml Edgar Link unprocessable
box-20171031_lab.xml Edgar Link unprocessable
box-20171031_pre.xml Edgar Link unprocessable
box-ex311_7.htm Edgar Link pending
box-ex312_6.htm Edgar Link pending
box-ex321_8.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending