2016 Q4 Form 10-K Financial Statement

#000093639516000128 Filed on December 21, 2016

View on sec.gov

Income Statement

Concept 2016 Q4 2015 Q4 2014 Q4
Revenue $716.2M $692.0M $591.0M
YoY Change 3.5% 17.09% 1.3%
Cost Of Revenue $397.6M $389.0M $370.1M
YoY Change 2.21% 5.11% 5.23%
Gross Profit $318.5M $303.0M $220.8M
YoY Change 5.12% 37.23% -4.66%
Gross Profit Margin 44.47% 43.79% 37.36%
Selling, General & Admin $129.0M $126.8M $113.0M
YoY Change 1.74% 12.21% -4.88%
% of Gross Profit 40.5% 41.85% 51.18%
Research & Development $112.4M $107.9M $98.50M
YoY Change 4.17% 9.54% -1.89%
% of Gross Profit 35.29% 35.61% 44.61%
Depreciation & Amortization $35.70M $54.50M $27.40M
YoY Change -34.5% 98.91% -11.33%
% of Gross Profit 11.21% 17.99% 12.41%
Operating Expenses $256.0M $271.1M $222.5M
YoY Change -5.57% 21.84% -3.97%
Operating Profit $62.50M $31.90M -$1.700M
YoY Change 95.92% -1976.47% 1600.0%
Interest Expense -$16.70M -$18.70M -$24.60M
YoY Change -10.7% -23.98% 129.91%
% of Operating Profit -26.72% -58.62%
Other Income/Expense, Net -$200.0K
YoY Change
Pretax Income $43.00M -$9.500M -$26.40M
YoY Change -552.63% -64.02% 137.84%
Income Tax $6.400M $4.300M $4.300M
% Of Pretax Income 14.88%
Net Earnings $36.60M -$13.80M -$30.70M
YoY Change -365.22% -55.05% 213.27%
Net Earnings / Revenue 5.11% -1.99% -5.19%
Basic Earnings Per Share
Diluted Earnings Per Share $221.4K -$102.9K -$287.2K
COMMON SHARES
Basic Shares Outstanding 140.4M shares 135.8M shares 107.0M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2016 Q4 2015 Q4 2014 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.053B $926.1M $726.9M
YoY Change 13.69% 27.4% 54.17%
Cash & Equivalents $777.6M $791.0M $586.7M
Short-Term Investments $275.2M $135.1M $140.2M
Other Short-Term Assets $164.7M $167.7M $181.9M
YoY Change -1.79% -7.81% 4.18%
Inventory $211.3M $191.2M $254.7M
Prepaid Expenses
Receivables $576.2M $550.8M $519.0M
Other Receivables $8.200M $28.40M $10.70M
Total Short-Term Assets $2.013B $1.864B $1.693B
YoY Change 7.99% 10.1% 21.31%
LONG-TERM ASSETS
Property, Plant & Equipment $288.4M $192.0M $126.6M
YoY Change 50.23% 51.6% 5.77%
Goodwill $267.0M $256.4M $0.00
YoY Change 4.11%
Intangibles $146.7M $202.7M $128.7M
YoY Change -27.61% 57.51% -30.75%
Long-Term Investments $90.20M $95.10M $50.10M
YoY Change -5.15% 89.82% 234.0%
Other Assets $67.00M $84.66M $74.08M
YoY Change -20.85% 14.28% -14.24%
Total Long-Term Assets $860.4M $830.8M $379.4M
YoY Change 3.56% 118.96% -6.76%
TOTAL ASSETS
Total Short-Term Assets $2.013B $1.864B $1.693B
Total Long-Term Assets $860.4M $830.8M $379.4M
Total Assets $2.874B $2.695B $2.073B
YoY Change 6.62% 30.03% 14.97%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $235.9M $222.1M $209.8M
YoY Change 6.21% 5.89% -17.69%
Accrued Expenses $310.4M $316.3M $276.6M
YoY Change -1.87% 14.34% 1.82%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $238.6M $7.400M $197.9M
YoY Change 3124.32% -96.26%
Total Short-Term Liabilities $891.5M $667.0M $781.1M
YoY Change 33.66% -14.61% 27.0%
LONG-TERM LIABILITIES
Long-Term Debt $1.017B $1.272B $1.275B
YoY Change -19.99% -0.25% 5.18%
Other Long-Term Liabilities $124.4M $72.54M $45.39M
YoY Change 71.48% 59.81% 30.61%
Total Long-Term Liabilities $1.142B $1.344B $1.320B
YoY Change -15.05% 1.82% 5.89%
TOTAL LIABILITIES
Total Short-Term Liabilities $891.5M $667.0M $781.1M
Total Long-Term Liabilities $1.142B $1.344B $1.320B
Total Liabilities $2.107B $2.074B $2.142B
YoY Change 1.59% -3.18% 13.62%
SHAREHOLDERS EQUITY
Retained Earnings -$5.926B -$5.999B -$6.010B
YoY Change -1.21% -0.19% 0.68%
Common Stock $6.717B $6.642B $5.956B
YoY Change 1.13% 11.52% 1.03%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $766.3M $620.9M -$69.62M
YoY Change
Total Liabilities & Shareholders Equity $2.874B $2.695B $2.073B
YoY Change 6.62% 30.03% 14.97%

Cashflow Statement

Concept 2016 Q4 2015 Q4 2014 Q4
OPERATING ACTIVITIES
Net Income $36.60M -$13.80M -$30.70M
YoY Change -365.22% -55.05% 213.27%
Depreciation, Depletion And Amortization $35.70M $54.50M $27.40M
YoY Change -34.5% 98.91% -11.33%
Cash From Operating Activities $136.7M $84.60M $73.80M
YoY Change 61.58% 14.63% 1950.0%
INVESTING ACTIVITIES
Capital Expenditures -$26.00M -$22.40M -$12.20M
YoY Change 16.07% 83.61% 2.52%
Acquisitions
YoY Change
Other Investing Activities $32.40M $45.00M -$4.200M
YoY Change -28.0% -1171.43% -82.57%
Cash From Investing Activities $6.400M $22.60M -$16.40M
YoY Change -71.68% -237.8% -54.57%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -219.7M -12.00M -2.200M
YoY Change 1730.83% 445.45% -344.44%
NET CHANGE
Cash From Operating Activities 136.7M 84.60M 73.80M
Cash From Investing Activities 6.400M 22.60M -16.40M
Cash From Financing Activities -219.7M -12.00M -2.200M
Net Change In Cash -76.60M 95.20M 55.20M
YoY Change -180.46% 72.46% -274.68%
FREE CASH FLOW
Cash From Operating Activities $136.7M $84.60M $73.80M
Capital Expenditures -$26.00M -$22.40M -$12.20M
Free Cash Flow $162.7M $107.0M $86.00M
YoY Change 52.06% 24.42% 454.84%

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0 USD
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236558000 USD
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6000000 USD
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1438997000 USD
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1120373000 USD
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256915000 USD
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249733000 USD
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0 USD
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0 USD
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0.35
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0.35
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0.2898
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0.0311
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0.0604
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0.0400
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CY2015 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Research
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0.2555
CY2016 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Research
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0.2261
CY2014 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
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25000 USD
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26000 USD
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7000 USD
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P7Y
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571028000 USD
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13058000 USD
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45361000 USD
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18173000 USD
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21106000 USD
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22133000 USD
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22680000 USD
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5870000 USD
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23243000 USD
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123402000 USD
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457000 USD
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58237000 USD
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16069000 USD
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24793000 USD
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28481000 USD
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23764000 USD
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86718000 USD
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2000000 USD
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900000 USD
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1200000 USD
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13964000 USD
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15268000 USD
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37297000 USD
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33448000 USD
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34525000 USD
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37889000 USD
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53000000 USD
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7931000 USD
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46383000 USD
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40000 USD
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0 shares
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407000 USD
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4058000 USD
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156402000 USD
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41563000 USD
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60126000 USD
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53001000 USD
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9120000 USD
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62503000 USD
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12852000 USD
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32332000 USD
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26846000 USD
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33713000 USD
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22900000 USD
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25700000 USD
CY2016 us-gaap Lease And Rental Expense
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26600000 USD
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2116101000 USD
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2695051000 USD
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2882442000 USD
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667034000 USD
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891862000 USD
CY2015Q4 us-gaap Long Term Debt Noncurrent
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1271639000 USD
CY2016Q4 us-gaap Long Term Debt Noncurrent
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1025991000 USD
CY2015Q4 us-gaap Marketable Securities Noncurrent
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95105000 USD
CY2016Q4 us-gaap Marketable Securities Noncurrent
MarketableSecuritiesNoncurrent
90172000 USD
CY2014 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
258527000 USD
CY2015 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-8051000 USD
CY2016 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-4228000 USD
CY2014 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-106393000 USD
CY2015 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-43127000 USD
CY2016 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-296259000 USD
CY2014 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
89816000 USD
CY2015 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
262112000 USD
CY2016 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
289520000 USD
CY2014 us-gaap Net Income Loss
NetIncomeLoss
-40637000 USD
CY2015 us-gaap Net Income Loss
NetIncomeLoss
11667000 USD
CY2016 us-gaap Net Income Loss
NetIncomeLoss
72584000 USD
CY2014 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-40637000 USD
CY2015 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
11667000 USD
CY2016 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
77385000 USD
CY2015Q4 us-gaap Nontrade Receivables Current
NontradeReceivablesCurrent
8588000 USD
CY2016Q4 us-gaap Nontrade Receivables Current
NontradeReceivablesCurrent
4398000 USD
CY2015Q4 us-gaap Notes And Loans Receivable Net Current
NotesAndLoansReceivableNetCurrent
19869000 USD
CY2016Q4 us-gaap Notes And Loans Receivable Net Current
NotesAndLoansReceivableNetCurrent
3740000 USD
CY2015Q4 us-gaap Notes And Loans Receivable Net Noncurrent
NotesAndLoansReceivableNetNoncurrent
10107000 USD
CY2016Q4 us-gaap Notes And Loans Receivable Net Noncurrent
NotesAndLoansReceivableNetNoncurrent
1870000 USD
CY2016 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
3 segment
CY2014 us-gaap Oci Before Reclassifications Net Of Tax Attributable To Parent
OciBeforeReclassificationsNetOfTaxAttributableToParent
-8247000 USD
CY2015 us-gaap Oci Before Reclassifications Net Of Tax Attributable To Parent
OciBeforeReclassificationsNetOfTaxAttributableToParent
-13703000 USD
CY2016 us-gaap Oci Before Reclassifications Net Of Tax Attributable To Parent
OciBeforeReclassificationsNetOfTaxAttributableToParent
-6489000 USD
CY2016 us-gaap Operating Cycle
OperatingCycle
52 or 53 week
CY2014 us-gaap Operating Expenses
OperatingExpenses
902648000 USD
CY2015 us-gaap Operating Expenses
OperatingExpenses
975115000 USD
CY2016 us-gaap Operating Expenses
OperatingExpenses
1005407000 USD
CY2014 us-gaap Operating Income Loss
OperatingIncomeLoss
45704000 USD
CY2015 us-gaap Operating Income Loss
OperatingIncomeLoss
100448000 USD
CY2016 us-gaap Operating Income Loss
OperatingIncomeLoss
156169000 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
141573000 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
36133000 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
12256000 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
14915000 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
17573000 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
22884000 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
37812000 USD
CY2016Q4 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
2500000000 USD
CY2015Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
105662000 USD
CY2016Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
108260000 USD
CY2015Q4 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
8470000 USD
CY2016Q4 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
15352000 USD
CY2015Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
84656000 USD
CY2016Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
76987000 USD
CY2014 us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
41000 USD
CY2015 us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
-149000 USD
CY2016 us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
217000 USD
CY2014 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-4940000 USD
CY2015 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-3775000 USD
CY2016 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-1152000 USD
CY2014 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-6894000 USD
CY2015 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-7458000 USD
CY2016 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-2203000 USD
CY2014 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-6894000 USD
CY2015 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-7458000 USD
CY2016 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-2203000 USD
CY2015Q4 us-gaap Other Inventory Capitalized Costs
OtherInventoryCapitalizedCosts
55995000 USD
CY2016Q4 us-gaap Other Inventory Capitalized Costs
OtherInventoryCapitalizedCosts
59856000 USD
CY2015Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
72540000 USD
CY2016Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
124394000 USD
CY2014 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-25668000 USD
CY2015 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-27373000 USD
CY2016 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-25514000 USD
CY2014 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-1509000 USD
CY2015 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-2319000 USD
CY2016 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
632000 USD
CY2015Q4 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
25074000 USD
CY2016Q4 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
25659000 USD
CY2014 us-gaap Payments For Proceeds From Derivative Instrument Investing Activities
PaymentsForProceedsFromDerivativeInstrumentInvestingActivities
10041000 USD
CY2015 us-gaap Payments For Proceeds From Derivative Instrument Investing Activities
PaymentsForProceedsFromDerivativeInstrumentInvestingActivities
-24133000 USD
CY2016 us-gaap Payments For Proceeds From Derivative Instrument Investing Activities
PaymentsForProceedsFromDerivativeInstrumentInvestingActivities
18506000 USD
CY2015 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
245323000 USD
CY2016 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
365191000 USD
CY2014 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 USD
CY2015 us-gaap Payments For Restructuring
PaymentsForRestructuring
8662000 USD
CY2016 us-gaap Payments For Restructuring
PaymentsForRestructuring
3374000 USD
CY2014 us-gaap Payments For Restructuring
PaymentsForRestructuring
1050000 USD
CY2014 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
4227000 USD
CY2015 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
421000 USD
CY2016 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
3987000 USD
CY2014 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
245196000 USD
CY2015 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
-37212000 USD
CY2016 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
32000000 USD
CY2014 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
48216000 USD
CY2015 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
62109000 USD
CY2016 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
107185000 USD
CY2015Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2016Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2015Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
20000000 shares
CY2016Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
20000000 shares
CY2015Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2016Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2015Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2016Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2015Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2016Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2015Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
196178000 USD
CY2016Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
172843000 USD
CY2015Q4 us-gaap Prepaid Taxes
PrepaidTaxes
74754000 USD
CY2016Q4 us-gaap Prepaid Taxes
PrepaidTaxes
77474000 USD
CY2014 us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
248750000 USD
CY2015 us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
0 USD
CY2016 us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
248750000 USD
CY2014 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
17663000 USD
CY2015 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
30275000 USD
CY2016 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
23091000 USD
CY2014 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
195000000 USD
CY2015 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
205000000 USD
CY2016 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
230612000 USD
CY2014 us-gaap Product Warranty Accrual Additions From Business Acquisition
ProductWarrantyAccrualAdditionsFromBusinessAcquisition
0 USD
CY2015 us-gaap Product Warranty Accrual Additions From Business Acquisition
ProductWarrantyAccrualAdditionsFromBusinessAcquisition
2996000 USD
CY2016 us-gaap Product Warranty Accrual Additions From Business Acquisition
ProductWarrantyAccrualAdditionsFromBusinessAcquisition
0 USD
CY2013Q4 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
56303000 USD
CY2014Q4 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
55997000 USD
CY2015Q4 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
56654000 USD
CY2016Q4 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
52324000 USD
CY2014 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
22435000 USD
CY2015 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
20220000 USD
CY2016 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
19813000 USD
CY2014 us-gaap Product Warranty Expense
ProductWarrantyExpense
22129000 USD
CY2015 us-gaap Product Warranty Expense
ProductWarrantyExpense
17881000 USD
CY2016 us-gaap Product Warranty Expense
ProductWarrantyExpense
15483000 USD
CY2014 us-gaap Profit Loss
ProfitLoss
547172000 USD
CY2015 us-gaap Profit Loss
ProfitLoss
661362000 USD
CY2016 us-gaap Profit Loss
ProfitLoss
709782000 USD
CY2015Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
486253000 USD
CY2016Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
591171000 USD
CY2014Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
126632000 USD
CY2015Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
191973000 USD
CY2016Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
288406000 USD
CY2016Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
288400000 USD
CY2014 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
2761000 USD
CY2015 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
1576000 USD
CY2016 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
1701000 USD
CY2014 us-gaap Reclassification From Aoci Current Period Net Of Tax Attributable To Parent
ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent
-1353000 USD
CY2015 us-gaap Reclassification From Aoci Current Period Net Of Tax Attributable To Parent
ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent
-6245000 USD
CY2016 us-gaap Reclassification From Aoci Current Period Net Of Tax Attributable To Parent
ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent
-4286000 USD
CY2014 us-gaap Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
625000 USD
CY2015 us-gaap Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
29867000 USD
CY2016 us-gaap Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
266116000 USD
CY2014 us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
3034000 USD
CY2015 us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
8038000 USD
CY2016 us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
5966000 USD
CY2014 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
401180000 USD
CY2015 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
414201000 USD
CY2016 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
451794000 USD
CY2014 us-gaap Restructuring Charges
RestructuringCharges
694000 USD
CY2015 us-gaap Restructuring Charges
RestructuringCharges
8626000 USD
CY2016 us-gaap Restructuring Charges
RestructuringCharges
4933000 USD
CY2013Q4 us-gaap Restructuring Reserve
RestructuringReserve
2016000 USD
CY2014Q4 us-gaap Restructuring Reserve
RestructuringReserve
1315000 USD
CY2015Q4 us-gaap Restructuring Reserve
RestructuringReserve
1279000 USD
CY2016Q4 us-gaap Restructuring Reserve
RestructuringReserve
2838000 USD
CY2014 us-gaap Restructuring Reserve Accrual Adjustment1
RestructuringReserveAccrualAdjustment1
-345000 USD
CY2016Q4 us-gaap Restructuring Reserve Current
RestructuringReserveCurrent
2155000 USD
CY2016Q4 us-gaap Restructuring Reserve Noncurrent
RestructuringReserveNoncurrent
683000 USD
CY2015Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-5998790000 USD
CY2016Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-5926206000 USD
CY2014 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
1865826000 USD
CY2015 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
2002395000 USD
CY2016 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
2117472000 USD
CY2014 us-gaap Sales Revenue Net
SalesRevenueNet
2288289000 USD
CY2015 us-gaap Sales Revenue Net
SalesRevenueNet
2445669000 USD
CY2016 us-gaap Sales Revenue Net
SalesRevenueNet
2600573000 USD
CY2014 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
422463000 USD
CY2015 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
443274000 USD
CY2016 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
483101000 USD
CY2014 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
328325000 USD
CY2015 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
333836000 USD
CY2016 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
349731000 USD
CY2014 us-gaap Share Based Compensation
ShareBasedCompensation
42930000 USD
CY2015 us-gaap Share Based Compensation
ShareBasedCompensation
55340000 USD
CY2016 us-gaap Share Based Compensation
ShareBasedCompensation
51993000 USD
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
37.57
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
341000 shares
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
0 shares
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
0 shares
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
0 shares
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
0 shares
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
2293000 shares
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1387000 shares
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
24.45
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
26.90
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue
3819000 USD
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
3909000 USD
CY2016 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
10.53
CY2016 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
0.00
CY2016 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Lower Range Limit
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLowerRangeLimit
0.05
CY2016Q4 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Exercisable Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfExercisableOptions
1323000 shares
CY2016Q4 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Outstanding Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
1387000 shares
CY2016 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Upper Range Limit
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeUpperRangeLimit
55.63
CY2016Q4 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Exercise Price1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageExercisePrice1
26.72
CY2016 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageRemainingContractualTerm2
P3Y0M7D
CY2016 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageRemainingContractualTerm2
P3Y2M16D
CY2015Q4 us-gaap Short Term Investments
ShortTermInvestments
135107000 USD
CY2016Q4 us-gaap Short Term Investments
ShortTermInvestments
275248000 USD
CY2016 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
565000 shares
CY2014 us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
0 USD
CY2015 us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
302114000 USD
CY2016 us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
0 USD
CY2015 us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
216389000 USD
CY2014 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
17663000 USD
CY2015 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
30275000 USD
CY2016 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
23091000 USD
CY2015Q4 us-gaap Stockholders Equity
StockholdersEquity
620876000 USD
CY2016Q4 us-gaap Stockholders Equity
StockholdersEquity
766341000 USD
CY2013Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-82677000 USD
CY2014Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-69615000 USD
CY2015Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
620876000 USD
CY2016Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
766341000 USD
CY2016Q4 us-gaap Tax Credit Carryforward Amount
TaxCreditCarryforwardAmount
100000000 USD
CY2015Q4 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
10820000 USD
CY2016Q4 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
10230000 USD
CY2014 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-2740000 USD
CY2015 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
0 USD
CY2016 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
0 USD
CY2013Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
8279000 USD
CY2014Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
15100000 USD
CY2015Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
27536000 USD
CY2016Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
30668000 USD
CY2015Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
4300000 USD
CY2016Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
4600000 USD
CY2014 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
5241000 USD
CY2015 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
9138000 USD
CY2016 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
2654000 USD
CY2014 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
2479000 USD
CY2015 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
3658000 USD
CY2016 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
2187000 USD
CY2014 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
899000 USD
CY2015 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
360000 USD
CY2016 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
1709000 USD
CY2014 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
105783000 shares
CY2015 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
120101000 shares
CY2016 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
150704000 shares
CY2014 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
105783000 shares
CY2015 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
118416000 shares
CY2016 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
138312000 shares
CY2016 us-gaap Fiscal Period
FiscalPeriod
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:8px;text-align:left;text-indent:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Ciena has a </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-weight:normal;text-decoration:none;">52 or 53&#160;week</font><font style="font-family:inherit;font-size:10pt;"> fiscal year, which ends on the Saturday nearest to the last day of October in each year (November&#160;1, 2014, October&#160;31, 2015 and October&#160;29, 2016 for the periods reported). </font><font style="font-family:inherit;font-size:10pt;">Fiscal 2016</font><font style="font-family:inherit;font-size:10pt;">, </font><font style="font-family:inherit;font-size:10pt;">fiscal 2015</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">fiscal 2014</font><font style="font-family:inherit;font-size:10pt;"> each consisted of a 52-week fiscal year. For purposes of financial statement presentation, each fiscal year is described as having ended on </font><font style="font-family:inherit;font-size:10pt;">October&#160;31</font><font style="font-family:inherit;font-size:10pt;">.</font></div></div>
CY2016 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;text-indent:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of the financial statements and related disclosures in conformity with Generally Accepted Accounting Principles (&#8220;GAAP&#8221;)&#160;requires management to make estimates and judgments that affect the amounts reported in the consolidated financial statements and accompanying notes. Estimates are used for selling prices for multiple element arrangements, shared-based compensation, convertible notes payable valuations, bad debts, valuation of inventories and investments, recoverability of intangible assets, other long-lived assets and goodwill, income taxes, warranty obligations, restructuring liabilities, derivatives, contingencies and litigation. Ciena bases its estimates on historical experience and assumptions that it believes are reasonable. Actual results may differ materially from management&#8217;s estimates.</font></div></div>

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0000936395-16-000128-index-headers.html Edgar Link pending
0000936395-16-000128-index.html Edgar Link pending
0000936395-16-000128.txt Edgar Link pending
0000936395-16-000128-xbrl.zip Edgar Link pending
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cien-20161031.xml Edgar Link completed
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