2015 Q4 Form 10-K Financial Statement

#000136826517000006 Filed on March 07, 2017

View on sec.gov

Income Statement

Concept 2015 Q4 2014 Q4 2014
Revenue $119.3M $132.1M $428.9M
YoY Change -9.69% 55.41% 21.69%
Cost Of Revenue $63.20M $79.90M $17.33M
YoY Change -20.9% 39.44% 55.12%
Gross Profit $56.10M $52.20M $411.6M
YoY Change 7.47% 88.45% 20.59%
Gross Profit Margin 47.02% 39.52% 95.96%
Selling, General & Admin $26.60M $30.30M $126.4M
YoY Change -12.21% -16.99% -8.4%
% of Gross Profit 47.42% 58.05% 30.72%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $14.93M $13.61M $49.06M
YoY Change 9.7% 30.11% 15.93%
% of Gross Profit 26.61% 26.07% 11.92%
Operating Expenses $41.60M $43.90M $126.4M
YoY Change -5.24% -6.4% -8.4%
Operating Profit $14.50M $8.300M -$54.36M
YoY Change 74.7% -143.23% 5.17%
Interest Expense -$64.80M -$14.20M -$44.36M
YoY Change 356.34% 36.54% 51.46%
% of Operating Profit -446.9% -171.08%
Other Income/Expense, Net -$900.0K -$1.500M -$2.571M
YoY Change -40.0% 650.0% 165.05%
Pretax Income -$50.10M -$200.0K -$89.78M
YoY Change 24950.0% -99.36% 42.05%
Income Tax $300.0K -$800.0K $1.075M
% Of Pretax Income
Net Earnings -$50.00M $1.300M -$90.86M
YoY Change -3946.15% -104.02% 35.77%
Net Earnings / Revenue -41.91% 0.98% -21.18%
Basic Earnings Per Share
Diluted Earnings Per Share -$542.9K $14.27K -$957.3K
COMMON SHARES
Basic Shares Outstanding 90.57M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2015 Q4 2014 Q4 2014
SHORT-TERM ASSETS
Cash & Short-Term Investments $146.7M $214.9M $214.9M
YoY Change -31.74% -43.19% -43.19%
Cash & Equivalents $43.72M $92.38M $92.40M
Short-Term Investments $102.9M $122.5M $122.5M
Other Short-Term Assets $18.90M $25.80M $25.80M
YoY Change -26.74% -11.64% -11.64%
Inventory $29.29M $34.70M $34.70M
Prepaid Expenses
Receivables $73.65M $81.97M $116.2M
Other Receivables $60.67M $56.22M $22.00M
Total Short-Term Assets $329.2M $413.6M $413.6M
YoY Change -20.42% -20.62% -20.63%
LONG-TERM ASSETS
Property, Plant & Equipment $516.3M $514.3M $514.3M
YoY Change 0.4% 5.41% 5.41%
Goodwill $91.97M $98.73M
YoY Change -6.85% 11.49%
Intangibles $42.64M $56.56M
YoY Change -24.61% -30.15%
Long-Term Investments $5.700M $6.500M $6.500M
YoY Change -12.31%
Other Assets
YoY Change
Total Long-Term Assets $671.4M $746.8M $746.8M
YoY Change -10.1% 2.32% 2.32%
TOTAL ASSETS
Total Short-Term Assets $329.2M $413.6M $413.6M
Total Long-Term Assets $671.4M $746.8M $746.8M
Total Assets $1.001B $1.160B $1.160B
YoY Change -13.78% -7.24% -7.24%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $26.91M $43.92M $43.90M
YoY Change -38.74% 30.95% 31.04%
Accrued Expenses $59.08M $56.76M $56.80M
YoY Change 4.09% 21.42% 21.63%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $149.9M $4.800M $4.800M
YoY Change 3022.92% -79.49% -79.49%
Total Short-Term Liabilities $246.4M $120.2M $120.2M
YoY Change 104.97% 0.09% 0.08%
LONG-TERM LIABILITIES
Long-Term Debt $417.3M $565.8M $565.8M
YoY Change -26.25% -5.23% -5.23%
Other Long-Term Liabilities $7.896M $9.339M $9.300M
YoY Change -15.45% -38.98% -39.22%
Total Long-Term Liabilities $7.896M $9.339M $575.1M
YoY Change -15.45% -38.98% -6.08%
TOTAL LIABILITIES
Total Short-Term Liabilities $246.4M $120.2M $120.2M
Total Long-Term Liabilities $7.896M $9.339M $575.1M
Total Liabilities $671.6M $695.4M $723.0M
YoY Change -3.42% -5.06% -1.82%
SHAREHOLDERS EQUITY
Retained Earnings -$591.7M -$457.4M
YoY Change 29.35% 24.38%
Common Stock $915.2M $898.1M
YoY Change 1.9% 1.71%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $302.6M $437.4M $437.4M
YoY Change
Total Liabilities & Shareholders Equity $1.001B $1.160B $1.160B
YoY Change -13.78% -7.24% -7.24%

Cashflow Statement

Concept 2015 Q4 2014 Q4 2014
OPERATING ACTIVITIES
Net Income -$50.00M $1.300M -$90.86M
YoY Change -3946.15% -104.02% 35.77%
Depreciation, Depletion And Amortization $14.93M $13.61M $49.06M
YoY Change 9.7% 30.11% 15.93%
Cash From Operating Activities -$11.09M -$19.61M -$76.01M
YoY Change -43.45% 767.7% 1520.68%
INVESTING ACTIVITIES
Capital Expenditures -$11.19M -$13.52M $88.63M
YoY Change -17.23% -49.34% 2.19%
Acquisitions -$467.0K
YoY Change -105.19%
Other Investing Activities $9.920M $46.46M $41.74M
YoY Change -78.65% -156.32% -161.16%
Cash From Investing Activities -$1.270M $32.94M -$46.89M
YoY Change -103.86% -130.17% -69.74%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 4.690M -36.45M -25.79M
YoY Change -112.87% 2703.85% -108.87%
NET CHANGE
Cash From Operating Activities -11.09M -19.61M -76.01M
Cash From Investing Activities -1.270M 32.94M -46.89M
Cash From Financing Activities 4.690M -36.45M -25.79M
Net Change In Cash -7.670M -23.12M -148.7M
YoY Change -66.83% -79.49% -213.46%
FREE CASH FLOW
Cash From Operating Activities -$11.09M -$19.61M -$76.01M
Capital Expenditures -$11.19M -$13.52M $88.63M
Free Cash Flow $100.0K -$6.090M -$164.6M
YoY Change -101.64% -124.93% 80.09%

Facts In Submission

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567000 USD
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238000 USD
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4600000 USD
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5599000 USD
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37591000 USD
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3184000 USD
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3835000 USD
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975000 USD
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132000 USD
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11998000 USD
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937000 USD
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0 USD
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34348000 USD
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1051000 USD
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4772000 USD
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1339000 USD
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24474000 USD
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30121000 USD
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7481000 USD
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5733000 USD
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3701000 USD
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720000 USD
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10690000 USD
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24998000 USD
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5971000 USD
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833000 USD
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9988000 USD
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9331000 USD
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890000 USD
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1012000 USD
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38700000 USD
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3160000 USD
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835000 USD
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979000 USD
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1520000 USD
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55573000 USD
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3567000 USD
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2634000 USD
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447000 USD
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39224000 USD
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37662000 USD
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29774000 USD
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3718000 USD
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1849000 USD
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3203000 USD
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3856000 USD
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29289000 USD
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29544000 USD
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25113000 USD
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24843000 USD
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973000 USD
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845000 USD
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403570000 USD
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1000528000 USD
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897257000 USD
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246393000 USD
CY2016Q4 us-gaap Liabilities Current
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89222000 USD
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CY2016Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
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CY2014 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
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CY2015 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
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CY2016 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
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CY2014 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
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CY2015 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
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CY2016 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
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CY2014 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
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CY2015 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
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CY2016 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
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46062000 USD
CY2014 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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CY2015 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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CY2016 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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CY2014 us-gaap Net Income Loss Available To Common Stockholders Basic
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CY2015 us-gaap Net Income Loss Available To Common Stockholders Basic
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CY2016 us-gaap Net Income Loss Available To Common Stockholders Basic
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CY2015Q4 us-gaap Noncurrent Assets
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656629000 USD
CY2016Q4 us-gaap Noncurrent Assets
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CY2015Q4 us-gaap Notes Payable Related Parties Noncurrent
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65000000 USD
CY2016Q4 us-gaap Notes Payable Related Parties Noncurrent
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65000000 USD
CY2014 us-gaap Operating Income Loss
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CY2015 us-gaap Operating Income Loss
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CY2016 us-gaap Operating Income Loss
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CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due
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CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due Current
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CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
4195000 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
5575000 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
6287000 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
6685000 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
17801000 USD
CY2015 us-gaap Other Comprehensive Income Derivatives Qualifying As Hedges Tax Portion Attributable To Parent
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0 USD
CY2016 us-gaap Other Comprehensive Income Derivatives Qualifying As Hedges Tax Portion Attributable To Parent
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0 USD
CY2014 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
544000 USD
CY2015 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
6000 USD
CY2016 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
79000 USD
CY2014 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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-7958000 USD
CY2015 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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-9653000 USD
CY2016 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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1567000 USD
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11058000 USD
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CY2016Q4 us-gaap Other Accrued Liabilities Current
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0 USD
CY2015 us-gaap Other Comprehensive Income Availableforsale Securities Tax Portion Attributable To Parent
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0 USD
CY2016 us-gaap Other Comprehensive Income Availableforsale Securities Tax Portion Attributable To Parent
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0 USD
CY2014 us-gaap Other Comprehensive Income Derivatives Qualifying As Hedges Tax Portion Attributable To Parent
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0 USD
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3298000 USD
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7896000 USD
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7915000 USD
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2627000 USD
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21934000 USD
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896000 USD
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0 USD
CY2016 us-gaap Payments Of Debt Issuance Costs
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0 USD
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0 USD
CY2015 us-gaap Payments Of Stock Issuance Costs
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883000 USD
CY2016 us-gaap Payments Of Stock Issuance Costs
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2283000 USD
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157629000 USD
CY2015 us-gaap Payments To Acquire Available For Sale Securities
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158840000 USD
CY2016 us-gaap Payments To Acquire Available For Sale Securities
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137023000 USD
CY2014 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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-467000 USD
CY2015 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 USD
CY2016 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
1550000 USD
CY2014 us-gaap Payments To Acquire Interest In Subsidiaries And Affiliates
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6634000 USD
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0 USD
CY2016 us-gaap Payments To Acquire Interest In Subsidiaries And Affiliates
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833000 USD
CY2014 us-gaap Payments To Acquire Loans Receivable
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9140000 USD
CY2015 us-gaap Payments To Acquire Loans Receivable
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4279000 USD
CY2016 us-gaap Payments To Acquire Loans Receivable
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2816000 USD
CY2014 us-gaap Payments To Acquire Property Plant And Equipment
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88628000 USD
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CY2016Q4 us-gaap Preferred Stock Value
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0 USD
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14657000 USD
CY2016Q4 us-gaap Prepaid Expense And Other Assets Current
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14021000 USD
CY2014 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
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0 USD
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0 USD
CY2016 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
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3031000 USD
CY2015 us-gaap Payments To Acquire Property Plant And Equipment
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51415000 USD
CY2016 us-gaap Payments To Acquire Property Plant And Equipment
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23640000 USD
CY2015Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
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0.0001
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PreferredStockParOrStatedValuePerShare
0.0001
CY2015Q4 us-gaap Preferred Stock Shares Authorized
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1000000 shares
CY2016Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
1000000 shares
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0 shares
CY2016Q4 us-gaap Preferred Stock Shares Issued
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0 shares
CY2015Q4 us-gaap Preferred Stock Shares Outstanding
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0 shares
CY2016Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2014 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
12778000 USD
CY2015 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
384000 USD
CY2016 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
7412000 USD
CY2014 us-gaap Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
2300000 USD
CY2015 us-gaap Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
7197000 USD
CY2016 us-gaap Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
103591000 USD
CY2014 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
34607000 USD
CY2015 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
31000 USD
CY2016 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
73508000 USD
CY2014 us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
171902000 USD
CY2015 us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
176969000 USD
CY2016 us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
165695000 USD
CY2014 us-gaap Proceeds From Sale Of Loans Receivable
ProceedsFromSaleOfLoansReceivable
6580000 USD
CY2015 us-gaap Proceeds From Sale Of Loans Receivable
ProceedsFromSaleOfLoansReceivable
928000 USD
CY2016 us-gaap Proceeds From Sale Of Loans Receivable
ProceedsFromSaleOfLoansReceivable
842000 USD
CY2014 us-gaap Profit Loss
ProfitLoss
-90859000 USD
CY2015 us-gaap Profit Loss
ProfitLoss
-135458000 USD
CY2016 us-gaap Profit Loss
ProfitLoss
-13724000 USD
CY2015Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
733834000 USD
CY2016Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
752407000 USD
CY2015Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
516324000 USD
CY2016Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
483923000 USD
CY2014 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
1277000 USD
CY2015 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
2656000 USD
CY2016 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
4374000 USD
CY2014 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
40354000 USD
CY2015 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
64000 USD
CY2016 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
50027000 USD
CY2014 us-gaap Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
41036000 USD
CY2015 us-gaap Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
6258000 USD
CY2016 us-gaap Repayments Of Long Term Debt And Capital Securities
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187824000 USD
CY2015Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
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4240000 USD
CY2016Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
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6996000 USD
CY2015 us-gaap Selling General And Administrative Expense
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113653000 USD
CY2016 us-gaap Selling General And Administrative Expense
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105503000 USD
CY2015Q4 us-gaap Retained Earnings Accumulated Deficit
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-591683000 USD
CY2016Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-603836000 USD
CY2014 us-gaap Revenues
Revenues
428940000 USD
CY2015 us-gaap Revenues
Revenues
384320000 USD
CY2016 us-gaap Revenues
Revenues
402656000 USD
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380199000 USD
CY2015 us-gaap Sales Revenue Goods Net
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329168000 USD
CY2016 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
351038000 USD
CY2014 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
48741000 USD
CY2015 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
55152000 USD
CY2016 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
51618000 USD
CY2014 us-gaap Selling General And Administrative Expense
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126435000 USD
CY2014 us-gaap Share Based Compensation
ShareBasedCompensation
11514000 USD
CY2015 us-gaap Share Based Compensation
ShareBasedCompensation
10779000 USD
CY2016 us-gaap Share Based Compensation
ShareBasedCompensation
8092000 USD
CY2015Q4 us-gaap Short Term Investments
ShortTermInvestments
102944000 USD
CY2016Q4 us-gaap Short Term Investments
ShortTermInvestments
73718000 USD
CY2014 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
6050000 USD
CY2016 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
101120000 USD
CY2016 us-gaap Stock Issued During Period Value Other
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65956000 USD
CY2015 us-gaap Stock Issued During Period Value Stock Options Exercised
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6314000 USD
CY2015Q4 us-gaap Stockholders Equity
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302552000 USD
CY2016Q4 us-gaap Stockholders Equity
StockholdersEquity
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518538000 USD
CY2014Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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465035000 USD
CY2015Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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328945000 USD
CY2016Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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493687000 USD
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5344000 USD
CY2016Q4 us-gaap Taxes Payable Current
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4572000 USD
CY2014 us-gaap Translation Adjustment Functional To Reporting Currency Loss Gain On Reclassified Of Earnings Net Of Tax
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4866000 USD
CY2015 us-gaap Translation Adjustment Functional To Reporting Currency Loss Gain On Reclassified Of Earnings Net Of Tax
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-8078000 USD
CY2016 us-gaap Translation Adjustment Functional To Reporting Currency Loss Gain On Reclassified Of Earnings Net Of Tax
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1652000 USD
CY2016Q4 us-gaap Undistributed Earnings Of Foreign Subsidiaries
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4568000 USD
CY2014Q4 us-gaap Unrecognized Tax Benefits
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21974000 USD
CY2015Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
27497000 USD
CY2016Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
49602000 USD
CY2015Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
178000 USD
CY2016Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
241000 USD
CY2015 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
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5523000 USD
CY2016 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
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4556000 USD
CY2015 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
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0 USD
CY2016 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
17549000 USD
CY2014 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Expense
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54000 USD
CY2015 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Expense
UnrecognizedTaxBenefitsInterestOnIncomeTaxesExpense
58000 USD
CY2016 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Expense
UnrecognizedTaxBenefitsInterestOnIncomeTaxesExpense
62000 USD
CY2016Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
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692000 USD
CY2015 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
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28767000 USD
CY2016 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
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6765000 USD
CY2014 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
93678432 shares
CY2015 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
91607578 shares
CY2016 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
119395423 shares
CY2016 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Concentration of Credit Risk</font></div><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-align:justify;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Credit is extended to all customers based on financial condition, and collateral is generally not required. Concentrations of credit risk with respect to trade receivables are limited because of the large number of customers comprising the Company's customer base and dispersion across many different industries and geographies. Certain international customers, however, have historically been slower to pay on trade receivables. Accordingly, the Company continually monitors collections and payments from its customers and maintains a provision for estimated credit losses based upon its historical experience and any specific customer collection issues that it has identified. In addition, through Export Development Canada, Clean Energy Compression maintains accounts receivable insurance on a substantial portion of its foreign trade receivables, which covers up to </font><font style="font-family:inherit;font-size:10pt;">90%</font><font style="font-family:inherit;font-size:10pt;"> of the related outstanding balance. Although credit losses have historically been within the Company's expectations and the provisions established, the Company cannot guarantee that it will continue to experience the same credit loss rates that it has in the past.</font></div><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-align:justify;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company places its cash and cash equivalents with high credit quality financial institutions. At times, such investments may be in excess of the Federal Deposit Insurance Corporation ("FDIC"), Canadian Deposit Insurance Corporation ("CDIC"), and other foreign insurance limits. Financial instruments that potentially subject the Company to concentrations of credit risk consist principally of cash deposits.</font></div></div>
CY2016 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Reclassifications </font></div><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Prior period Interest income of </font><font style="font-family:inherit;font-size:10pt;">$363</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$843</font><font style="font-family:inherit;font-size:10pt;"> for the years ended December 31, 2014 and 2015, respectively, were reclassified from Interest expense, net as a separate line item to conform to the classifications used to prepare the consolidated financial statements for the year ended December 31, </font><font style="font-family:inherit;font-size:10pt;">2016</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%;padding-bottom:10px;padding-top:10px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Use of Estimates</font></div><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-align:justify;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of consolidated financial statements in conformity with US&#160;GAAP requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying notes. Actual results could differ from those estimates and may result in material effects on the Company's operating results and financial position. Significant estimates made in preparing the consolidated financial statements include (but are not limited to) those related to revenue recognition, goodwill and long-lived intangible asset valuations and impairment assessments, income tax valuations, fair value measurements and stock-based compensation expense.</font></div></div>

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