2018 Q2 Form 10-Q Financial Statement

#000085120518000007 Filed on April 30, 2018

View on sec.gov

Income Statement

Concept 2018 Q2 2017 Q2
Revenue $169.6M $139.0M
YoY Change 21.96% 44.52%
Cost Of Revenue $40.20M $32.53M
YoY Change 23.56% 55.15%
Gross Profit $127.2M $129.4M
YoY Change -1.68% 71.95%
Gross Profit Margin 75.01% 93.05%
Selling, General & Admin $63.70M $46.52M
YoY Change 36.92% 21.34%
% of Gross Profit 50.08% 35.96%
Research & Development $31.08M $22.77M
YoY Change 36.48% 10.78%
% of Gross Profit 24.43% 17.6%
Depreciation & Amortization $4.430M $3.083M
YoY Change 43.69% 11.82%
% of Gross Profit 3.48% 2.38%
Operating Expenses $94.77M $69.29M
YoY Change 36.78% 17.66%
Operating Profit $30.15M $34.60M
YoY Change -12.86% 111.67%
Interest Expense $3.100M $1.700M
YoY Change 82.35% 70.0%
% of Operating Profit 10.28% 4.91%
Other Income/Expense, Net $277.0K $270.0K
YoY Change 2.59% 30.43%
Pretax Income $37.98M $39.24M
YoY Change -3.2% 123.08%
Income Tax $762.0K -$6.236M
% Of Pretax Income 2.01% -15.89%
Net Earnings $33.10M $37.22M
YoY Change -11.05% 150.03%
Net Earnings / Revenue 19.52% 26.77%
Basic Earnings Per Share $0.19 $0.21
Diluted Earnings Per Share $0.19 $0.21
COMMON SHARES
Basic Shares Outstanding 173.3M shares 172.6M shares
Diluted Shares Outstanding 179.6M shares 178.4M shares

Balance Sheet

Concept 2018 Q2 2017 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $447.2M $468.5M
YoY Change -4.54% 17.2%
Cash & Equivalents $109.6M $92.43M
Short-Term Investments $337.6M $376.0M
Other Short-Term Assets $26.10M $33.30M
YoY Change -21.62% 166.4%
Inventory $96.40M $32.62M
Prepaid Expenses
Receivables $96.65M $58.24M
Other Receivables $0.00 $0.00
Total Short-Term Assets $670.5M $593.9M
YoY Change 12.9% 20.49%
LONG-TERM ASSETS
Property, Plant & Equipment $85.21M $57.26M
YoY Change 48.82% 7.19%
Goodwill $113.2M $95.28M
YoY Change 18.82% 16.98%
Intangibles
YoY Change
Long-Term Investments $356.2M $312.9M
YoY Change 13.84% 25.26%
Other Assets $2.217M $2.379M
YoY Change -6.81% -9.02%
Total Long-Term Assets $598.4M $502.3M
YoY Change 19.13% 19.39%
TOTAL ASSETS
Total Short-Term Assets $670.5M $593.9M
Total Long-Term Assets $598.4M $502.3M
Total Assets $1.269B $1.096B
YoY Change 15.75% 19.99%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $29.14M $17.12M
YoY Change 70.24% 66.23%
Accrued Expenses $56.46M $38.90M
YoY Change 45.13% 26.92%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $113.0M $75.52M
YoY Change 49.66% 39.06%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities $4.780M $3.875M
YoY Change 23.35% 27.22%
Total Long-Term Liabilities $4.780M $3.875M
YoY Change 23.35% 27.22%
TOTAL LIABILITIES
Total Short-Term Liabilities $113.0M $75.52M
Total Long-Term Liabilities $4.780M $3.875M
Total Liabilities $191.8M $85.03M
YoY Change 125.58% 35.15%
SHAREHOLDERS EQUITY
Retained Earnings $622.9M $652.9M
YoY Change -4.6% 13.44%
Common Stock $485.7M $411.7M
YoY Change 17.98% 28.14%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.077B $1.011B
YoY Change
Total Liabilities & Shareholders Equity $1.269B $1.096B
YoY Change 15.75% 19.99%

Cashflow Statement

Concept 2018 Q2 2017 Q2
OPERATING ACTIVITIES
Net Income $33.10M $37.22M
YoY Change -11.05% 150.03%
Depreciation, Depletion And Amortization $4.430M $3.083M
YoY Change 43.69% 11.82%
Cash From Operating Activities $54.79M $47.72M
YoY Change 14.82% 73.01%
INVESTING ACTIVITIES
Capital Expenditures $13.27M $6.095M
YoY Change 117.72% 172.46%
Acquisitions $0.00 $176.0K
YoY Change -100.0%
Other Investing Activities $26.20M -$22.40M
YoY Change -216.96% -705.41%
Cash From Investing Activities $12.96M -$28.51M
YoY Change -145.46% -2024.85%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $69.20M $30.07M
YoY Change 130.16%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$65.87M -$7.425M
YoY Change 787.08% 195.82%
NET CHANGE
Cash From Operating Activities $54.79M $47.72M
Cash From Investing Activities $12.96M -$28.51M
Cash From Financing Activities -$65.87M -$7.425M
Net Change In Cash $1.879M $11.78M
YoY Change -84.05% -55.62%
FREE CASH FLOW
Cash From Operating Activities $54.79M $47.72M
Capital Expenditures $13.27M $6.095M
Free Cash Flow $41.52M $41.62M
YoY Change -0.25% 64.23%

Facts In Submission

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0.07
CY2017Q2 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
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0.01
CY2018Q2 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
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0.01
CY2017Q2 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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0.01
CY2018Q2 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.01
CY2017Q2 us-gaap Effective Income Tax Rate Reconciliation Tax Credits
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0.01
CY2018Q2 us-gaap Effective Income Tax Rate Reconciliation Tax Credits
EffectiveIncomeTaxRateReconciliationTaxCredits
0.01
CY2018Q2 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
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63749000 USD
CY2017Q2 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
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2439000 USD
CY2018Q2 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
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2347000 USD
CY2017Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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47535000 USD
CY2018Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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48304000 USD
CY2018Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
2307000 USD
CY2018Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
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1691000 USD
CY2018Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
2017000 USD
CY2018Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
2185000 USD
CY2018Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
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2701000 USD
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60724000 USD
CY2018Q2 us-gaap Finite Lived Intangible Assets Gross
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60724000 USD
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13189000 USD
CY2018Q2 us-gaap Finite Lived Intangible Assets Net
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12420000 USD
CY2017Q2 us-gaap Foreign Currency Transaction Gain Loss Before Tax
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-263000 USD
CY2018Q2 us-gaap Foreign Currency Transaction Gain Loss Before Tax
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-134000 USD
CY2017Q2 us-gaap Gain Loss On Sale Of Investments
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65000 USD
CY2018Q2 us-gaap Gain Loss On Sale Of Investments
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22000 USD
CY2017Q4 us-gaap Goodwill
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113208000 USD
CY2018Q2 us-gaap Goodwill
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113208000 USD
CY2017Q2 us-gaap Gross Profit
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106507000 USD
CY2018Q2 us-gaap Gross Profit
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129369000 USD
CY2017Q2 us-gaap Income Loss From Continuing Operations
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45471000 USD
CY2018Q2 us-gaap Income Loss From Continuing Operations
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37217000 USD
CY2017Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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39235000 USD
CY2018Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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37979000 USD
CY2018Q2 us-gaap Income Tax Examination Increase Decrease In Liability From Prior Year
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484000 USD
CY2017Q2 us-gaap Income Tax Expense Benefit
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-6236000 USD
CY2018Q2 us-gaap Income Tax Expense Benefit
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762000 USD
CY2017Q2 us-gaap Increase Decrease In Accounts Payable
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7167000 USD
CY2018Q2 us-gaap Increase Decrease In Accounts Payable
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5309000 USD
CY2017Q2 us-gaap Increase Decrease In Accounts Receivable
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2238000 USD
CY2018Q2 us-gaap Increase Decrease In Accounts Receivable
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-24830000 USD
CY2017Q2 us-gaap Increase Decrease In Accrued Liabilities
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-3398000 USD
CY2018Q2 us-gaap Increase Decrease In Accrued Liabilities
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-9927000 USD
CY2017Q2 us-gaap Increase Decrease In Accrued Taxes Payable
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397000 USD
CY2018Q2 us-gaap Increase Decrease In Accrued Taxes Payable
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186000 USD
CY2017Q2 us-gaap Increase Decrease In Deferred Income Taxes
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-921000 USD
CY2018Q2 us-gaap Increase Decrease In Deferred Income Taxes
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1469000 USD
CY2017Q2 us-gaap Increase Decrease In Deferred Revenue
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5839000 USD
CY2018Q2 us-gaap Increase Decrease In Deferred Revenue
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5877000 USD
CY2017Q2 us-gaap Increase Decrease In Inventories
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5386000 USD
CY2018Q2 us-gaap Increase Decrease In Inventories
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27321000 USD
CY2017Q2 us-gaap Increase Decrease In Other Operating Capital Net
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734000 USD
CY2018Q2 us-gaap Increase Decrease In Other Operating Capital Net
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424000 USD
CY2017Q2 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
12461000 USD
CY2018Q2 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
866000 USD
CY2017Q2 us-gaap Increase Decrease In Unbilled Receivables
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-953000 USD
CY2018Q2 us-gaap Increase Decrease In Unbilled Receivables
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-3389000 USD
CY2017Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
31882000 USD
CY2018Q2 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
51448000 USD
CY2017Q4 us-gaap Inventory Net
InventoryNet
67923000 USD
CY2018Q2 us-gaap Inventory Net
InventoryNet
96399000 USD
CY2017Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
33927000 USD
CY2018Q2 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
42759000 USD
CY2017Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
2114000 USD
CY2018Q2 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
2192000 USD
CY2017Q2 us-gaap Investment Income Nonoperating
InvestmentIncomeNonoperating
2012000 USD
CY2018Q2 us-gaap Investment Income Nonoperating
InvestmentIncomeNonoperating
3240000 USD
CY2017Q4 us-gaap Liabilities
Liabilities
192080000 USD
CY2018Q2 us-gaap Liabilities
Liabilities
191816000 USD
CY2017Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1287753000 USD
CY2018Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1268915000 USD
CY2017Q4 us-gaap Liabilities Current
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112635000 USD
CY2018Q2 us-gaap Liabilities Current
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113018000 USD
CY2017Q4 us-gaap Liability For Uncertain Tax Positions Noncurrent
LiabilityForUncertainTaxPositionsNoncurrent
6488000 USD
CY2018Q2 us-gaap Liability For Uncertain Tax Positions Noncurrent
LiabilityForUncertainTaxPositionsNoncurrent
6958000 USD
CY2017Q4 us-gaap Long Term Investments
LongTermInvestments
423441000 USD
CY2018Q2 us-gaap Long Term Investments
LongTermInvestments
356181000 USD
CY2017Q4 us-gaap Money Market Funds At Carrying Value
MoneyMarketFundsAtCarryingValue
8631000 USD
CY2018Q2 us-gaap Money Market Funds At Carrying Value
MoneyMarketFundsAtCarryingValue
7958000 USD
CY2017Q2 us-gaap Net Cash Provided By Used In Financing Activities
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-7425000 USD
CY2018Q2 us-gaap Net Cash Provided By Used In Financing Activities
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-65866000 USD
CY2017Q2 us-gaap Net Cash Provided By Used In Investing Activities
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-28507000 USD
CY2018Q2 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
12959000 USD
CY2017Q2 us-gaap Net Cash Provided By Used In Operating Activities
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47715000 USD
CY2018Q2 us-gaap Net Cash Provided By Used In Operating Activities
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54786000 USD
CY2017Q2 us-gaap Net Income Loss
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45471000 USD
CY2018Q2 us-gaap Net Income Loss
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37217000 USD
CY2017Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
37216000 USD
CY2018Q2 us-gaap Operating Income Loss
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34596000 USD
CY2017Q4 us-gaap Other Assets Noncurrent
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2491000 USD
CY2018Q2 us-gaap Other Assets Noncurrent
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2217000 USD
CY2017Q2 us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
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446000 USD
CY2018Q2 us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
-1214000 USD
CY2017Q2 us-gaap Other Comprehensive Income Foreign Currency Translation Gain Loss Arising During Period Tax
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0 USD
CY2018Q2 us-gaap Other Comprehensive Income Foreign Currency Translation Gain Loss Arising During Period Tax
OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax
0 USD
CY2017Q2 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
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-27000 USD
CY2018Q2 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
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0 USD
CY2017Q2 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax
-4000 USD
CY2018Q2 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax
0 USD
CY2017Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
2481000 USD
CY2018Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
4056000 USD
CY2017Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
2900000 USD
CY2018Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
2842000 USD
CY2017Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
65000 USD
CY2018Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
22000 USD
CY2017Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
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-44000 USD
CY2018Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
0 USD
CY2017Q2 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
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-71000 USD
CY2018Q2 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
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0 USD
CY2017Q2 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
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511000 USD
CY2018Q2 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
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-1192000 USD
CY2017Q2 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
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92000 USD
CY2018Q2 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
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-114000 USD
CY2017Q4 us-gaap Other Liabilities Noncurrent
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5904000 USD
CY2018Q2 us-gaap Other Liabilities Noncurrent
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4780000 USD
CY2017Q2 us-gaap Other Nonoperating Income Expense
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270000 USD
CY2018Q2 us-gaap Other Nonoperating Income Expense
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277000 USD
CY2017Q2 us-gaap Payments For Repurchase Of Common Stock
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30067000 USD
CY2018Q2 us-gaap Payments For Repurchase Of Common Stock
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69202000 USD
CY2017Q2 us-gaap Payments Of Dividends Common Stock
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6497000 USD
CY2018Q2 us-gaap Payments Of Dividends Common Stock
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7787000 USD
CY2017Q2 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
176000 USD
CY2018Q2 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 USD
CY2017Q2 us-gaap Payments To Acquire Investments
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193612000 USD
CY2018Q2 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
118108000 USD
CY2017Q2 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
6095000 USD
CY2018Q2 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
13270000 USD
CY2017Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
30683000 USD
CY2018Q2 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
26068000 USD
CY2017Q2 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
29139000 USD
CY2018Q2 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
11123000 USD
CY2017Q2 us-gaap Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
171667000 USD
CY2018Q2 us-gaap Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
144337000 USD
CY2017Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
4701000 USD
CY2018Q2 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
4712000 USD
CY2018Q2 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
802000 USD
CY2018Q2 us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
697000 USD
CY2017Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
78048000 USD
CY2018Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
85205000 USD
CY2017Q2 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
22770000 USD
CY2018Q2 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
31076000 USD
CY2017Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
668587000 USD
CY2018Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
622856000 USD
CY2017Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
139039000 USD
CY2018Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
169567000 USD
CY2017Q2 us-gaap Sales Revenue Net
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139039000 USD
CY2018Q2 us-gaap Sales Revenue Net
SalesRevenueNet
169567000 USD
CY2017Q2 us-gaap Selling General And Administrative Expense
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46521000 USD
CY2018Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
63697000 USD
CY2017Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.0039
CY2018Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.0032
CY2017Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.41
CY2018Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.39
CY2017Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.024
CY2018Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.029
CY2018Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
4879000 shares
CY2018Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
19.88
CY2018Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
68000 shares
CY2018Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
25.84
CY2018Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
2043000 shares
CY2017Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
14.95
CY2018Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
21.62
CY2018Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
317169000 USD
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
12726000 shares
CY2018Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
14004000 shares
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
25.24
CY2018Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
30.25
CY2018Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableNumber
12377000 shares
CY2018Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
294379000 USD
CY2018Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
28.99
CY2018Q2 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
15.96
CY2018Q2 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
56.44
CY2017Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P5Y3M18D
CY2018Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P5Y3M18D
CY2018Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P6Y6M
CY2018Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P7Y10M24D
CY2018Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P7Y9M18D
CY2018Q2 us-gaap Standard And Extended Product Warranty Accrual Foreign Currency Translation Gain Loss
StandardAndExtendedProductWarrantyAccrualForeignCurrencyTranslationGainLoss
116000 USD
CY2018Q2 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
697000 shares
CY2018Q2 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
11123000 USD
CY2017Q2 us-gaap Stock Option Plan Expense
StockOptionPlanExpense
7483000 USD
CY2018Q2 us-gaap Stock Option Plan Expense
StockOptionPlanExpense
13194000 USD
CY2018Q2 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
200000000 USD
CY2018Q2 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
69202000 USD
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
1095673000 USD
CY2018Q2 us-gaap Stockholders Equity
StockholdersEquity
1077099000 USD
CY2017Q4 us-gaap Unbilled Receivables Current
UnbilledReceivablesCurrent
7454000 USD
CY2018Q2 us-gaap Unbilled Receivables Current
UnbilledReceivablesCurrent
4232000 USD
CY2018Q2 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
847000 USD
CY2017Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
5708000 shares
CY2018Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
6361000 shares
CY2017Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
178354000 shares
CY2018Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
179641000 shares
CY2017Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
172646000 shares
CY2018Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
173280000 shares

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0000851205-18-000007.txt Edgar Link pending
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