2019 Q1 Form 10-Q Financial Statement
#000128481219000120 Filed on May 09, 2019
Income Statement
Concept | 2019 Q1 | 2018 Q1 |
---|---|---|
Revenue | $94.23M | $94.46M |
YoY Change | -0.25% | 5.26% |
Cost Of Revenue | $12.50M | $12.80M |
YoY Change | -2.34% | -3.03% |
Gross Profit | $81.70M | $81.60M |
YoY Change | 0.12% | 6.53% |
Gross Profit Margin | 86.71% | 86.38% |
Selling, General & Admin | $45.20M | $43.30M |
YoY Change | 4.39% | 8.52% |
% of Gross Profit | 55.32% | 53.06% |
Research & Development | ||
YoY Change | ||
% of Gross Profit | ||
Depreciation & Amortization | $1.100M | $1.100M |
YoY Change | 0.0% | 0.0% |
% of Gross Profit | 1.35% | 1.35% |
Operating Expenses | $58.79M | $57.25M |
YoY Change | 2.7% | 5.59% |
Operating Profit | $35.44M | $37.22M |
YoY Change | -4.79% | 4.76% |
Interest Expense | $15.40M | -$2.700M |
YoY Change | -670.37% | -640.0% |
% of Operating Profit | 43.46% | -7.25% |
Other Income/Expense, Net | $14.91M | -$199.0K |
YoY Change | -7592.46% | -187.67% |
Pretax Income | $50.35M | $37.02M |
YoY Change | 35.99% | 3.54% |
Income Tax | $10.37M | $8.096M |
% Of Pretax Income | 20.59% | 21.87% |
Net Earnings | $32.54M | $27.59M |
YoY Change | 17.97% | 20.02% |
Net Earnings / Revenue | 34.54% | 29.2% |
Basic Earnings Per Share | $0.69 | $0.59 |
Diluted Earnings Per Share | $0.68 | $0.59 |
COMMON SHARES | ||
Basic Shares Outstanding | 47.15M shares | 46.68M shares |
Diluted Shares Outstanding | 47.64M shares | 47.15M shares |
Balance Sheet
Concept | 2019 Q1 | 2018 Q1 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $56.40M | $168.6M |
YoY Change | -66.55% | 7.59% |
Cash & Equivalents | $56.39M | $168.6M |
Short-Term Investments | ||
Other Short-Term Assets | ||
YoY Change | ||
Inventory | ||
Prepaid Expenses | ||
Receivables | $60.00M | $63.00M |
Other Receivables | $0.00 | $0.00 |
Total Short-Term Assets | $116.4M | $231.6M |
YoY Change | -49.74% | 7.52% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $14.01M | $14.94M |
YoY Change | -6.21% | -3.97% |
Goodwill | ||
YoY Change | ||
Intangibles | ||
YoY Change | ||
Long-Term Investments | $23.00K | $86.24M |
YoY Change | -99.97% | 1297.65% |
Other Assets | $7.100M | $1.800M |
YoY Change | 294.44% | |
Total Long-Term Assets | $289.4M | $197.3M |
YoY Change | 46.65% | 89.5% |
TOTAL ASSETS | ||
Total Short-Term Assets | $116.4M | $231.6M |
Total Long-Term Assets | $289.4M | $197.3M |
Total Assets | $405.8M | $428.9M |
YoY Change | -5.39% | 34.24% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $1.000M | $7.100M |
YoY Change | -85.92% | |
Accrued Expenses | $62.90M | $10.20M |
YoY Change | 516.67% | 7.37% |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | ||
YoY Change | ||
Total Short-Term Liabilities | $98.10M | $47.10M |
YoY Change | 108.28% | 47.65% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Other Long-Term Liabilities | $8.100M | $16.40M |
YoY Change | -50.61% | 23.31% |
Total Long-Term Liabilities | $8.100M | $16.40M |
YoY Change | -50.61% | 23.31% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $98.10M | $47.10M |
Total Long-Term Liabilities | $8.100M | $16.40M |
Total Liabilities | $106.3M | $63.49M |
YoY Change | 67.41% | 40.46% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | -$193.5M | -$125.3M |
YoY Change | 54.46% | 5.59% |
Common Stock | $525.0K | $518.0K |
YoY Change | 1.35% | 1.37% |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | $174.8M | $164.3M |
YoY Change | 6.36% | 6.9% |
Treasury Stock Shares | 5.329M shares | 5.049M shares |
Shareholders Equity | $235.2M | $283.8M |
YoY Change | ||
Total Liabilities & Shareholders Equity | $405.8M | $428.9M |
YoY Change | -5.39% | 34.24% |
Cashflow Statement
Concept | 2019 Q1 | 2018 Q1 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $32.54M | $27.59M |
YoY Change | 17.97% | 20.02% |
Depreciation, Depletion And Amortization | $1.100M | $1.100M |
YoY Change | 0.0% | 0.0% |
Cash From Operating Activities | -$29.50M | -$29.07M |
YoY Change | 1.48% | 1504.42% |
INVESTING ACTIVITIES | ||
Capital Expenditures | $989.0K | $906.0K |
YoY Change | 9.16% | 39.6% |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | $9.700M | -$1.800M |
YoY Change | -638.89% | -35.71% |
Cash From Investing Activities | $8.739M | -$2.743M |
YoY Change | -418.59% | -20.45% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | $10.08M | $10.29M |
YoY Change | -2.01% | 16.61% |
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | -$16.16M | $6.740M |
YoY Change | -339.79% | -131.15% |
NET CHANGE | ||
Cash From Operating Activities | -$29.50M | -$29.07M |
Cash From Investing Activities | $8.739M | -$2.743M |
Cash From Financing Activities | -$16.16M | $6.740M |
Net Change In Cash | -$36.93M | -$25.08M |
YoY Change | 47.26% | -6.77% |
FREE CASH FLOW | ||
Cash From Operating Activities | -$29.50M | -$29.07M |
Capital Expenditures | $989.0K | $906.0K |
Free Cash Flow | -$30.49M | -$29.98M |
YoY Change | 1.71% | 1118.12% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2018Q1 | cns |
Increase Decrease In Operating Lease Liability Noncurrent
IncreaseDecreaseInOperatingLeaseLiabilityNoncurrent
|
-1773000 | USD |
CY2019Q1 | cns |
Increase Decrease In Operating Lease Liability Noncurrent
IncreaseDecreaseInOperatingLeaseLiabilityNoncurrent
|
-2720000 | USD |
CY2019Q1 | cns |
Number Of New Funds Seeded
NumberOfNewFundsSeeded
|
1 | new_funds_seeded |
CY2019Q1 | dei |
Amendment Flag
AmendmentFlag
|
false | |
CY2019Q1 | dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | |
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Document Fiscal Period Focus
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|
Q1 | |
CY2019Q1 | dei |
Document Fiscal Year Focus
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|
2019 | |
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Document Period End Date
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|
2019-03-31 | |
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Document Type
DocumentType
|
10-Q | |
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Entity Central Index Key
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Entity Emerging Growth Company
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Entity Filer Category
EntityFilerCategory
|
Large Accelerated Filer | |
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Entity Registrant Name
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|
COHEN & STEERS INC | |
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Entity Small Business
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Accounts Receivable Net
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|
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|
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Additional Paid In Capital
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Additional Paid In Capital
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Amortization Of Deferred Sales Commissions
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|
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Amortization Of Deferred Sales Commissions
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|
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Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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|
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|
55045000 | USD |
CY2019Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
|
962000 | USD |
CY2019Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
|
10849000 | USD |
CY2019Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
|
10876000 | USD |
CY2019Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
|
11175000 | USD |
CY2019Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
11919000 | USD |
CY2019Q1 | us-gaap |
Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
|
9264000 | USD |
CY2019Q1 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
3461000 | USD |
CY2018Q4 | us-gaap |
Liabilities
Liabilities
|
144201000 | USD |
CY2019Q1 | us-gaap |
Liabilities
Liabilities
|
106293000 | USD |
CY2018Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
481039000 | USD |
CY2019Q1 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
405808000 | USD |
CY2018Q1 | us-gaap |
Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
|
-4657000 | USD |
CY2019Q1 | us-gaap |
Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
|
14631000 | USD |
CY2018Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
6740000 | USD |
CY2019Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-16162000 | USD |
CY2018Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-2743000 | USD |
CY2019Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
8739000 | USD |
CY2018Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-29072000 | USD |
CY2019Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-29503000 | USD |
CY2018Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
27586000 | USD |
CY2019Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
32543000 | USD |
CY2018Q1 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
1338000 | USD |
CY2019Q1 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
7434000 | USD |
CY2018Q1 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-199000 | USD |
CY2019Q1 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
14910000 | USD |
CY2018Q1 | us-gaap |
Operating Expenses
OperatingExpenses
|
57245000 | USD |
CY2019Q1 | us-gaap |
Operating Expenses
OperatingExpenses
|
58791000 | USD |
CY2018Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
37219000 | USD |
CY2019Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
35435000 | USD |
CY2018Q1 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
2916000 | USD |
CY2019Q1 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
2881000 | USD |
CY2019Q1 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
51584000 | USD |
CY2018Q1 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
54304000 | USD |
CY2018Q4 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
54304000 | USD |
CY2019Q1 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
51584000 | USD |
CY2018Q1 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
2962000 | USD |
CY2019Q1 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
3088000 | USD |
CY2018Q4 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
48488000 | USD |
CY2019Q1 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
45977000 | USD |
CY2018Q1 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
48488000 | USD |
CY2018Q1 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.028 | |
CY2019Q1 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.028 | |
CY2018Q1 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P6Y | |
CY2019Q1 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P5Y | |
CY2018Q4 | us-gaap |
Other Assets
OtherAssets
|
9208000 | USD |
CY2019Q1 | us-gaap |
Other Assets
OtherAssets
|
11107000 | USD |
CY2018Q1 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
538000 | USD |
CY2019Q1 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
398000 | USD |
CY2018Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
538000 | USD |
CY2019Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
398000 | USD |
CY2018Q4 | us-gaap |
Other Liabilities
OtherLiabilities
|
13935000 | USD |
CY2019Q1 | us-gaap |
Other Liabilities
OtherLiabilities
|
8147000 | USD |
CY2018Q1 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
2502000 | USD |
CY2019Q1 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-495000 | USD |
CY2018Q4 | us-gaap |
Payables To Broker Dealers And Clearing Organizations
PayablesToBrokerDealersAndClearingOrganizations
|
5121000 | USD |
CY2019Q1 | us-gaap |
Payables To Broker Dealers And Clearing Organizations
PayablesToBrokerDealersAndClearingOrganizations
|
1040000 | USD |
CY2018Q1 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
10505000 | USD |
CY2019Q1 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
10353000 | USD |
CY2018Q1 | us-gaap |
Payments For Repurchase Of Redeemable Noncontrolling Interest
PaymentsForRepurchaseOfRedeemableNoncontrollingInterest
|
1952000 | USD |
CY2019Q1 | us-gaap |
Payments For Repurchase Of Redeemable Noncontrolling Interest
PaymentsForRepurchaseOfRedeemableNoncontrollingInterest
|
2985000 | USD |
CY2018Q1 | us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
15445000 | USD |
CY2019Q1 | us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
17015000 | USD |
CY2018Q1 | us-gaap |
Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
|
3856000 | USD |
CY2019Q1 | us-gaap |
Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
|
24696000 | USD |
CY2018Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
906000 | USD |
CY2019Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
989000 | USD |
CY2018Q1 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
219000 | USD |
CY2019Q1 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
274000 | USD |
CY2018Q1 | us-gaap |
Proceeds From Payments To Minority Shareholders
ProceedsFromPaymentsToMinorityShareholders
|
34423000 | USD |
CY2019Q1 | us-gaap |
Proceeds From Payments To Minority Shareholders
ProceedsFromPaymentsToMinorityShareholders
|
13917000 | USD |
CY2018Q1 | us-gaap |
Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
|
1993000 | USD |
CY2019Q1 | us-gaap |
Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
|
34420000 | USD |
CY2018Q1 | us-gaap |
Proceeds From Sale Of Equity Method Investments
ProceedsFromSaleOfEquityMethodInvestments
|
26000 | USD |
CY2019Q1 | us-gaap |
Proceeds From Sale Of Equity Method Investments
ProceedsFromSaleOfEquityMethodInvestments
|
4000 | USD |
CY2018Q1 | us-gaap |
Profit Loss
ProfitLoss
|
28924000 | USD |
CY2019Q1 | us-gaap |
Profit Loss
ProfitLoss
|
39977000 | USD |
CY2018Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
14106000 | USD |
CY2019Q1 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
14011000 | USD |
CY2018Q4 | us-gaap |
Receivables From Brokers Dealers And Clearing Organizations
ReceivablesFromBrokersDealersAndClearingOrganizations
|
14240000 | USD |
CY2019Q1 | us-gaap |
Receivables From Brokers Dealers And Clearing Organizations
ReceivablesFromBrokersDealersAndClearingOrganizations
|
4597000 | USD |
CY2018Q4 | us-gaap |
Redeemable Noncontrolling Interest Equity Common Fair Value
RedeemableNoncontrollingInterestEquityCommonFairValue
|
114192000 | USD |
CY2019Q1 | us-gaap |
Redeemable Noncontrolling Interest Equity Common Fair Value
RedeemableNoncontrollingInterestEquityCommonFairValue
|
64354000 | USD |
CY2018Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-208404000 | USD |
CY2019Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-193523000 | USD |
CY2018Q1 | us-gaap |
Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
|
94464000 | USD |
CY2019Q1 | us-gaap |
Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
|
94226000 | USD |
CY2018Q1 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
614 | USD |
CY2019Q1 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
0 | USD |
CY2018Q4 | us-gaap |
Security Owned And Pledged As Collateral Fair Value
SecurityOwnedAndPledgedAsCollateralFairValue
|
1807000 | USD |
CY2019Q1 | us-gaap |
Security Owned And Pledged As Collateral Fair Value
SecurityOwnedAndPledgedAsCollateralFairValue
|
536000 | USD |
CY2018Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
5888000 | USD |
CY2019Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
6668000 | USD |
CY2018Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
222646000 | USD |
CY2019Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
235161000 | USD |
CY2018Q4 | us-gaap |
Taxes Payable Current
TaxesPayableCurrent
|
18663000 | USD |
CY2019Q1 | us-gaap |
Taxes Payable Current
TaxesPayableCurrent
|
27343000 | USD |
CY2018Q4 | us-gaap |
Trading Securities Debt
TradingSecuritiesDebt
|
108363000 | USD |
CY2019Q1 | us-gaap |
Trading Securities Debt
TradingSecuritiesDebt
|
29158000 | USD |
CY2018Q4 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
5050285 | shares |
CY2019Q1 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
5328768 | shares |
CY2018Q4 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
164417000 | USD |
CY2019Q1 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
174770000 | USD |
CY2018Q1 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
469000 | shares |
CY2019Q1 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
496000 | shares |
CY2018Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
47152000 | shares |
CY2019Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
47642000 | shares |
CY2018Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
46683000 | shares |
CY2019Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
47146000 | shares |
CY2019Q1 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:12px;text-align:left;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Accounting Estimates</font><font style="font-family:inherit;font-size:10pt;">—The preparation of the condensed consolidated financial statements in conformity with GAAP requires management to make certain estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosures of contingent assets and liabilities at the dates of the condensed consolidated financial statements and the reported amounts of revenue and expenses during the reporting periods. Management believes the estimates used in preparing the condensed consolidated financial statements are reasonable and prudent. Actual results could differ from those estimates.</font></div></div> |