2019 Q3 Form 10-Q Financial Statement

#000141057819000725 Filed on August 08, 2019

View on sec.gov

Income Statement

Concept 2019 Q3 2019 Q2 2018 Q2
Revenue $136.9M $134.8M $129.3M
YoY Change 5.23% 4.25% 7.93%
Cost Of Revenue $55.25M $54.41M $54.38M
YoY Change 1.17% 0.05% 6.42%
Gross Profit $81.69M $80.38M $74.92M
YoY Change 8.16% 7.29% 9.05%
Gross Profit Margin 59.65% 59.64% 57.94%
Selling, General & Admin $35.97M $38.57M $33.70M
YoY Change 7.67% 14.43% 5.99%
% of Gross Profit 44.03% 47.98% 44.99%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $20.00M $20.00M $20.22M
YoY Change -1.48% -1.07% 6.96%
% of Gross Profit 24.48% 24.88% 26.98%
Operating Expenses $35.97M $38.57M $33.70M
YoY Change 7.67% 14.43% -33.52%
Operating Profit $25.80M $22.02M $21.35M
YoY Change 15.92% 3.13% 18.63%
Interest Expense $15.19M $13.60M $12.37M
YoY Change 18.99% 9.88% -211.47%
% of Operating Profit 58.88% 61.73% 57.94%
Other Income/Expense, Net
YoY Change
Pretax Income $18.96M $10.18M $9.170M
YoY Change 65.91% 11.01% 16.08%
Income Tax $5.254M $3.044M $2.618M
% Of Pretax Income 27.72% 29.9% 28.55%
Net Earnings $13.70M $7.100M $6.600M
YoY Change 67.07% 7.58% 53.49%
Net Earnings / Revenue 10.0% 5.27% 5.1%
Basic Earnings Per Share $0.30 $0.16 $0.15
Diluted Earnings Per Share $0.30 $0.16 $0.14
COMMON SHARES
Basic Shares Outstanding 45.44M 45.35M 45.02M
Diluted Shares Outstanding 46.02M 45.91M 45.54M

Balance Sheet

Concept 2019 Q3 2019 Q2 2018 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $396.3M $409.3M $224.3M
YoY Change 39.25% 82.48% -12.55%
Cash & Equivalents $396.3M $399.4M $276.1M
Short-Term Investments
Other Short-Term Assets $36.80M $36.00M $33.00M
YoY Change 11.52% 9.09% 50.68%
Inventory
Prepaid Expenses
Receivables $41.29M $40.68M $39.50M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $474.4M $486.0M $296.7M
YoY Change 32.32% 63.8% -5.27%
LONG-TERM ASSETS
Property, Plant & Equipment $370.8M $375.9M $382.7M
YoY Change -2.67% -1.77% 1.54%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $14.60M $14.90M $20.80M
YoY Change -17.98% -28.37% -50.94%
Total Long-Term Assets $458.0M $463.1M $403.5M
YoY Change 14.84% 14.76% -3.75%
TOTAL ASSETS
Total Short-Term Assets $474.4M $486.0M $296.7M
Total Long-Term Assets $458.0M $463.1M $403.5M
Total Assets $932.3M $949.1M $700.2M
YoY Change 23.11% 35.54% -4.4%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $9.849M $11.57M $10.30M
YoY Change 18.66% 12.33% 10.75%
Accrued Expenses $49.12M $51.62M $47.40M
YoY Change 5.17% 8.89% -4.05%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $17.00M $16.40M $17.20M
YoY Change -1.73% -4.65% 26.47%
Total Short-Term Liabilities $86.23M $90.22M $75.00M
YoY Change 19.26% 20.29% 3.73%
LONG-TERM LIABILITIES
Long-Term Debt $938.3M $944.4M $712.6M
YoY Change 19.65% 32.53% 1.45%
Other Long-Term Liabilities $13.01M $7.588M $27.40M
YoY Change -51.26% -72.31% -5.19%
Total Long-Term Liabilities $13.01M $7.588M $740.0M
YoY Change -98.4% -98.97% 1.19%
TOTAL LIABILITIES
Total Short-Term Liabilities $86.23M $90.22M $75.00M
Total Long-Term Liabilities $13.01M $7.588M $740.0M
Total Liabilities $1.123B $1.126B $814.9M
YoY Change 27.13% 38.13% 1.41%
SHAREHOLDERS EQUITY
Retained Earnings -$662.3M -$647.4M
YoY Change
Common Stock $487.4M $481.8M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$190.5M -$176.6M -$114.6M
YoY Change
Total Liabilities & Shareholders Equity $932.3M $949.1M $700.2M
YoY Change 23.11% 35.54% -4.4%

Cashflow Statement

Concept 2019 Q3 2019 Q2 2018 Q2
OPERATING ACTIVITIES
Net Income $13.70M $7.100M $6.600M
YoY Change 67.07% 7.58% 53.49%
Depreciation, Depletion And Amortization $20.00M $20.00M $20.22M
YoY Change -1.48% -1.07% 6.96%
Cash From Operating Activities $33.40M $40.70M $31.30M
YoY Change 5.36% 30.03% 11.39%
INVESTING ACTIVITIES
Capital Expenditures -$12.10M -$11.70M -$12.00M
YoY Change 0.0% -2.5% -0.83%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$12.10M -$11.70M -$12.00M
YoY Change 0.0% -2.5% -0.83%
FINANCING ACTIVITIES
Cash Dividend Paid $28.10M
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -32.90M 120.8M -29.10M
YoY Change -180.44% -515.12% 18.78%
NET CHANGE
Cash From Operating Activities 33.40M 40.70M 31.30M
Cash From Investing Activities -12.10M -11.70M -12.00M
Cash From Financing Activities -32.90M 120.8M -29.10M
Net Change In Cash -11.60M 149.8M -9.800M
YoY Change -119.17% -1628.57% 15.29%
FREE CASH FLOW
Cash From Operating Activities $33.40M $40.70M $31.30M
Capital Expenditures -$12.10M -$11.70M -$12.00M
Free Cash Flow $45.50M $52.40M $43.30M
YoY Change 3.88% 21.02% 7.71%

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26893000
us-gaap Net Cash Provided By Used In Investing Activities
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-25008000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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us-gaap Payments Of Dividends
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us-gaap Payments Of Dividends
PaymentsOfDividends
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us-gaap Proceeds From Issuance Of Unsecured Debt
ProceedsFromIssuanceOfUnsecuredDebt
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us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
919000
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
1002000
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
4774000
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
4254000
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
5006000
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
6059000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
88961000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-55918000
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents Continuing Operations
EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations
-36000
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents Continuing Operations
EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations
-1368000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
133186000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
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CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
276093000
CY2017Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
247011000
CY2019Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
409279000
CY2018Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
224282000
us-gaap Contribution Of Property
ContributionOfProperty
684000
us-gaap Contribution Of Property
ContributionOfProperty
460000
us-gaap Fair Value Of Assets Acquired
FairValueOfAssetsAcquired
5483000
us-gaap Fair Value Of Assets Acquired
FairValueOfAssetsAcquired
5943000
us-gaap Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
8562000
us-gaap Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
10735000
us-gaap Use Of Estimates
UseOfEstimates
<p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;"><i style="font-style:italic;">Use of estimates</i></p><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;"><span style="visibility:hidden;">​</span></p><p style="font-family:'Times New Roman';font-size:10pt;text-indent:36pt;margin:0pt;">The preparation of consolidated financial statements in conformity with United States generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results may differ from these estimates.</p><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;"><span style="visibility:hidden;">​</span></p>
CY2019Q2 us-gaap Excise And Sales Taxes
ExciseAndSalesTaxes
3200000
CY2018Q2 us-gaap Excise And Sales Taxes
ExciseAndSalesTaxes
3100000
us-gaap Excise And Sales Taxes
ExciseAndSalesTaxes
6600000
us-gaap Excise And Sales Taxes
ExciseAndSalesTaxes
6300000
CY2019Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
45354327
CY2018Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
45016767
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
45349397
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
45011616
CY2019Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
45912291
CY2018Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
45536473
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
45838918
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
45456831
CY2019Q1 us-gaap Stockholders Equity
StockholdersEquity
-164231000
CY2019Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
5714000
CY2019Q2 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
1786000
CY2019Q2 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
1000
CY2019Q2 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
745000
CY2019Q2 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
27741000
CY2019Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
7136000
CY2019Q2 us-gaap Stockholders Equity
StockholdersEquity
-176590000
CY2018Q1 us-gaap Stockholders Equity
StockholdersEquity
-97055000
CY2018Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
5149000
CY2018Q2 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-6198000
CY2018Q2 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
704000
CY2018Q2 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
23788000
CY2018Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
6552000
CY2018Q2 us-gaap Stockholders Equity
StockholdersEquity
-114636000
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
-149002000
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
9484000
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-39000
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
1000
us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
919000
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
54306000
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
16353000
CY2019Q2 us-gaap Stockholders Equity
StockholdersEquity
-176590000
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
-102544000
us-gaap Cumulative Effect On Retained Earnings Net Of Tax1
CumulativeEffectOnRetainedEarningsNetOfTax1
14455000
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
9310000
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-3587000
us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
1001000
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
46607000
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
13336000
CY2018Q2 us-gaap Stockholders Equity
StockholdersEquity
-114636000
CY2019Q1 ccoi Operating Lease Right Of Use Asset And Leases Liability
OperatingLeaseRightOfUseAssetAndLeasesLiability
97300000
CY2019Q2 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
4917000
CY2019Q2 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
4415000
CY2019Q2 us-gaap Operating Lease Cost
OperatingLeaseCost
3486000
CY2019Q2 us-gaap Lease Cost
LeaseCost
12818000
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
9888000
us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
8816000
us-gaap Operating Lease Cost
OperatingLeaseCost
6780000
us-gaap Lease Cost
LeaseCost
25484000
us-gaap Operating Lease Payments
OperatingLeasePayments
8827000
us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
6780000
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
5006000
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
8562000
us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
1457000
CY2019Q2 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P14Y7M6D
CY2019Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P22Y3M18D
CY2019Q2 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.106
CY2019Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.057
CY2019Q2 ccoi Finance Lease Liability Payments Due Additional
FinanceLeaseLiabilityPaymentsDueAdditional
12300000
CY2019Q2 us-gaap Lessee Finance Lease Term Of Contract1
LesseeFinanceLeaseTermOfContract1
P20Y
CY2019Q2 us-gaap Finance Lease Liability Payments Due In Next Rolling Twelve Months
FinanceLeaseLiabilityPaymentsDueInNextRollingTwelveMonths
24926000
CY2019Q2 us-gaap Finance Lease Liability Payments Due In Rolling Year Two
FinanceLeaseLiabilityPaymentsDueInRollingYearTwo
24753000
CY2019Q2 us-gaap Finance Lease Liability Payments Due In Rolling Year Three
FinanceLeaseLiabilityPaymentsDueInRollingYearThree
23742000
CY2019Q2 us-gaap Finance Lease Liability Payments Due In Rolling Year Four
FinanceLeaseLiabilityPaymentsDueInRollingYearFour
22567000
CY2019Q2 us-gaap Finance Lease Liability Payments Due In Rolling Year Five
FinanceLeaseLiabilityPaymentsDueInRollingYearFive
21704000
CY2019Q2 us-gaap Finance Lease Liability Payments Due In Rolling After Year Five
FinanceLeaseLiabilityPaymentsDueInRollingAfterYearFive
225184000
CY2019Q2 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
342876000
CY2019Q2 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
174689000
CY2019Q2 us-gaap Finance Lease Liability
FinanceLeaseLiability
168187000
CY2019Q2 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
7700000
CY2019Q2 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
160487000
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Rolling Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextRollingTwelveMonths
15592000
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due In Rolling Year Two
LesseeOperatingLeaseLiabilityPaymentsDueInRollingYearTwo
13504000
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due In Rolling Year Three
LesseeOperatingLeaseLiabilityPaymentsDueInRollingYearThree
12248000
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due In Rolling Year Four
LesseeOperatingLeaseLiabilityPaymentsDueInRollingYearFour
10985000
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due In Rolling Year Five
LesseeOperatingLeaseLiabilityPaymentsDueInRollingYearFive
9871000
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due After Rolling Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterRollingYearFive
96148000
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
158348000
CY2019Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
83456000
CY2019Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
64253000
CY2019Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
94095000
CY2019Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
10639000
us-gaap Description Of New Accounting Pronouncements Not Yet Adopted
DescriptionOfNewAccountingPronouncementsNotYetAdopted
<p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;"><i style="font-style:italic;">Recent Accounting Pronouncements— to be Adopted</i></p><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;"><span style="visibility:hidden;">​</span></p><p style="font-family:'Times New Roman';font-size:10pt;text-indent:36pt;margin:0pt;">In June 2016, the FASB issued ASU No. 2016-13, “Financial <i style="font-style:italic;">Instruments—Credit Losses: Measurement of Credit Losses on Financial Instruments.</i>” This guidance is intended to introduce a revised approach to the recognition and measurement of credit losses, emphasizing an updated model based on expected losses rather than incurred losses. This new standard is effective for annual and interim reporting periods beginning after December 15, 2019 and early adoption is permitted. The Company is currently evaluating the impact that this guidance may have on its financial statements and related disclosures.</p>
CY2019Q2 ccoi Property Plant And Equipment Compensation Costs Capitalized
PropertyPlantAndEquipmentCompensationCostsCapitalized
2700000
CY2018Q2 ccoi Property Plant And Equipment Compensation Costs Capitalized
PropertyPlantAndEquipmentCompensationCostsCapitalized
2700000
ccoi Property Plant And Equipment Compensation Costs Capitalized
PropertyPlantAndEquipmentCompensationCostsCapitalized
5300000
ccoi Property Plant And Equipment Compensation Costs Capitalized
PropertyPlantAndEquipmentCompensationCostsCapitalized
5300000
CY2019Q2 us-gaap Debt Instrument Interest Rate Stated Percentage
DebtInstrumentInterestRateStatedPercentage
0.04375
ccoi Debt Instrument Covenant Permitted Investments And Payments
DebtInstrumentCovenantPermittedInvestmentsAndPayments
166900000
CY2019Q2 us-gaap Loss Contingency Range Of Possible Loss Portion Not Accrued
LossContingencyRangeOfPossibleLossPortionNotAccrued
3000000.0
CY2019Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
16332000
CY2018Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
15446000
us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
35084000
us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
29582000
CY2019Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
-6152000
CY2018Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
-6276000
us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
-12136000
us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
-10489000
CY2019Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
10180000
CY2018Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
9170000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
22948000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
19093000
CY2019Q2 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
34900000
us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
0
CY2018Q2 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
0
us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
0
CY2019Q2 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
0
CY2019Q2 us-gaap Stock Issued During Period Shares Share Based Compensation
StockIssuedDuringPeriodSharesShareBasedCompensation
400000
CY2019Q2 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
23500000
CY2019Q3 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.62
CY2019Q3 us-gaap Payments Of Dividends
PaymentsOfDividends
28100000
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1
CY2019Q2 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
134789000
CY2018Q2 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
129296000
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
268930000
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
258002000
CY2019Q2 us-gaap Noncurrent Assets
NoncurrentAssets
375955000
CY2018Q4 us-gaap Noncurrent Assets
NoncurrentAssets
375345000

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