2016 Q4 Form 10-Q Financial Statement

#000110465916155805 Filed on November 09, 2016

View on sec.gov

Income Statement

Concept 2016 Q4 2016 Q3 2015 Q3
Revenue $187.4M $245.9M $274.1M
YoY Change -10.19% -10.29% -9.36%
Cost Of Revenue $108.7M $123.5M $153.3M
YoY Change -20.01% -19.45% 4.41%
Gross Profit $78.72M $122.4M $120.8M
YoY Change 8.22% 1.34% -22.35%
Gross Profit Margin 42.0% 49.79% 44.08%
Selling, General & Admin $110.3M $123.6M $135.1M
YoY Change -10.33% -8.48% -0.07%
% of Gross Profit 140.11% 100.99% 111.83%
Research & Development $3.700M
YoY Change
% of Gross Profit 3.02%
Depreciation & Amortization $8.500M $8.442M $8.912M
YoY Change 6.25% -5.27% -15.12%
% of Gross Profit 10.8% 6.9% 7.38%
Operating Expenses $117.1M $127.3M $135.1M
YoY Change -9.51% -5.74% -5.98%
Operating Profit -$39.79M -$1.215M -$20.73M
YoY Change -39.33% -94.14% -274.2%
Interest Expense -$900.0K $184.0K $171.0K
YoY Change 12.5% 7.6% -114.25%
% of Operating Profit
Other Income/Expense, Net $1.600M -$1.000K $405.0K
YoY Change 77.78% -100.25% 102.5%
Pretax Income -$39.10M $157.0K -$23.14M
YoY Change -40.31% -100.68% -23236.0%
Income Tax $1.600M $1.690M $888.0K
% Of Pretax Income 1076.43%
Net Earnings -$40.64M -$1.533M -$24.02M
YoY Change -42.08% -93.62% -252.05%
Net Earnings / Revenue -21.69% -0.62% -8.77%
Basic Earnings Per Share -$0.60 -$0.07 -$0.37
Diluted Earnings Per Share -$0.60 -$0.07 -$0.37
COMMON SHARES
Basic Shares Outstanding 73.55M shares 73.49M shares
Diluted Shares Outstanding 73.49M shares 74.33M shares

Balance Sheet

Concept 2016 Q4 2016 Q3 2015 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $147.6M $150.2M $168.5M
YoY Change 3.0% -10.86% -51.91%
Cash & Equivalents $147.6M $150.2M $168.5M
Short-Term Investments
Other Short-Term Assets $34.90M $29.90M $33.70M
YoY Change 32.7% -11.28% -17.8%
Inventory $147.0M $169.4M $190.8M
Prepaid Expenses
Receivables $78.30M $101.7M $117.8M
Other Receivables $17.60M $24.70M $28.40M
Total Short-Term Assets $425.5M $475.9M $539.1M
YoY Change -4.59% -11.72% -31.73%
LONG-TERM ASSETS
Property, Plant & Equipment $44.09M $45.82M $50.20M
YoY Change -10.91% -8.73% -31.79%
Goodwill $1.480M $2.586M
YoY Change -24.99%
Intangibles $72.70M $75.74M
YoY Change -11.66%
Long-Term Investments
YoY Change
Other Assets $13.27M $18.39M $43.20M
YoY Change -26.88% -57.44% -16.6%
Total Long-Term Assets $140.9M $149.2M $182.8M
YoY Change -13.05% -18.36% -15.84%
TOTAL ASSETS
Total Short-Term Assets $425.5M $475.9M $539.1M
Total Long-Term Assets $140.9M $149.2M $182.8M
Total Assets $566.4M $625.2M $721.9M
YoY Change -6.85% -13.4% -28.3%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $61.93M $50.88M $79.20M
YoY Change -2.22% -35.76% 19.82%
Accrued Expenses $78.28M $90.19M $76.80M
YoY Change -15.44% 17.44% -24.33%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $2.300M $3.600M $5.400M
YoY Change -52.08% -33.33% 1.89%
Total Short-Term Liabilities $149.1M $153.8M $194.6M
YoY Change -10.75% -20.95% -11.67%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $2.400M
YoY Change -100.0% -100.0% -68.83%
Other Long-Term Liabilities $13.50M $13.85M $17.00M
YoY Change 2.91% -18.54% -44.44%
Total Long-Term Liabilities $13.50M $13.85M $19.40M
YoY Change 2.91% -28.62% -49.35%
TOTAL LIABILITIES
Total Short-Term Liabilities $149.1M $153.8M $194.6M
Total Long-Term Liabilities $13.50M $13.85M $19.40M
Total Liabilities $167.1M $172.7M $213.9M
YoY Change -10.35% -19.27% -17.32%
SHAREHOLDERS EQUITY
Retained Earnings $195.7M $241.2M
YoY Change -13.95%
Common Stock $364.4M $361.7M
YoY Change 3.16%
Preferred Stock
YoY Change
Treasury Stock (at cost) $284.2M $284.2M
YoY Change 0.11%
Treasury Stock Shares 20.30M shares 20.28M shares
Shareholders Equity $220.4M $274.4M $508.0M
YoY Change
Total Liabilities & Shareholders Equity $566.4M $625.2M $721.9M
YoY Change -6.85% -13.4% -28.3%

Cashflow Statement

Concept 2016 Q4 2016 Q3 2015 Q3
OPERATING ACTIVITIES
Net Income -$40.64M -$1.533M -$24.02M
YoY Change -42.08% -93.62% -252.05%
Depreciation, Depletion And Amortization $8.500M $8.442M $8.912M
YoY Change 6.25% -5.27% -15.12%
Cash From Operating Activities $10.40M $9.600M $10.00M
YoY Change 271.43% -4.0% -14.53%
INVESTING ACTIVITIES
Capital Expenditures -$4.000M -$5.400M -$2.100M
YoY Change -40.3% 157.14% -83.85%
Acquisitions
YoY Change
Other Investing Activities $100.0K $1.800M -$500.0K
YoY Change -200.0% -460.0% -37.5%
Cash From Investing Activities -$3.800M -$3.600M -$2.700M
YoY Change -44.12% 33.33% -80.29%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -4.300M -4.700M -37.30M
YoY Change -67.91% -87.4% -21.64%
NET CHANGE
Cash From Operating Activities 10.40M 9.600M 10.00M
Cash From Investing Activities -3.800M -3.600M -2.700M
Cash From Financing Activities -4.300M -4.700M -37.30M
Net Change In Cash 2.300M 1.300M -30.00M
YoY Change -113.22% -104.33% -39.52%
FREE CASH FLOW
Cash From Operating Activities $10.40M $9.600M $10.00M
Capital Expenditures -$4.000M -$5.400M -$2.100M
Free Cash Flow $14.40M $15.00M $12.10M
YoY Change 51.58% 23.97% -51.01%

Facts In Submission

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EffectiveIncomeTaxRateContinuingOperations
10.764
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.242
CY2015Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
20973000 USD
CY2016Q3 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
22195000 USD
us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P2Y0M15D
CY2016Q3 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
400000 USD
CY2015Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
95882000 USD
CY2016Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
109868000 USD
CY2016Q3 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
8297000 USD
CY2016Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
6805000 USD
CY2016Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
12073000 USD
CY2016Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
14337000 USD
CY2016Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
15970000 USD
CY2016Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
17950000 USD
CY2015Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
177882000 USD
CY2016Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
185300000 USD
CY2015Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
82000000 USD
CY2016Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
75432000 USD
CY2015Q3 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-2908000 USD
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-2631000 USD
CY2016Q3 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
1379000 USD
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-1568000 USD
us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
99000 USD
us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
7863000 USD
CY2015Q3 us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
-2620000 USD
us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
-6963000 USD
CY2016Q3 us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
-1660000 USD
us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
-13372000 USD
CY2015Q4 us-gaap Goodwill
Goodwill
1973000 USD
CY2016Q3 us-gaap Goodwill
Goodwill
2586000 USD
CY2015Q3 us-gaap Gross Profit
GrossProfit
120821000 USD
us-gaap Gross Profit
GrossProfit
438061000 USD
CY2016Q3 us-gaap Gross Profit
GrossProfit
122434000 USD
us-gaap Gross Profit
GrossProfit
421440000 USD
CY2015Q3 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
5460000 USD
us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
7535000 USD
CY2016Q3 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
930000 USD
us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
1695000 USD
CY2015Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-23136000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-9278000 USD
CY2016Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
157000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
31854000 USD
CY2015Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
888000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3745000 USD
CY2016Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1690000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
7704000 USD
us-gaap Income Taxes Paid
IncomeTaxesPaid
17668000 USD
us-gaap Income Taxes Paid
IncomeTaxesPaid
10274000 USD
CY2015Q4 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
10233000 USD
CY2016Q3 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
6979000 USD
us-gaap Increase Decrease In Accounts Payable
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38864000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-14592000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
48092000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
15762000 USD
us-gaap Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
15626000 USD
us-gaap Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
-6011000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
27713000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-3750000 USD
us-gaap Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
2836000 USD
us-gaap Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
4071000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
321000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
7559000 USD
us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
-11000 USD
us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
-953000 USD
CY2016Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1407000 shares
CY2015Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
297000 USD
CY2016Q3 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
308000 USD
CY2015Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
82297000 USD
CY2016Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
75740000 USD
CY2015Q4 us-gaap Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
84270000 USD
CY2016Q3 us-gaap Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
78326000 USD
CY2015Q3 us-gaap Interest Expense
InterestExpense
171000 USD
us-gaap Interest Expense
InterestExpense
650000 USD
CY2016Q3 us-gaap Interest Expense
InterestExpense
184000 USD
us-gaap Interest Expense
InterestExpense
661000 USD
us-gaap Interest Paid Net
InterestPaidNet
688000 USD
us-gaap Interest Paid Net
InterestPaidNet
417000 USD
CY2015Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
162341000 USD
CY2016Q3 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
163673000 USD
CY2015Q4 us-gaap Inventory Net
InventoryNet
168192000 USD
CY2016Q3 us-gaap Inventory Net
InventoryNet
169376000 USD
CY2015Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
4933000 USD
CY2016Q3 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
5224000 USD
CY2015Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
918000 USD
CY2016Q3 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
479000 USD
CY2015Q3 us-gaap Investment Income Interest And Dividend
InvestmentIncomeInterestAndDividend
268000 USD
us-gaap Investment Income Interest And Dividend
InvestmentIncomeInterestAndDividend
752000 USD
CY2016Q3 us-gaap Investment Income Interest And Dividend
InvestmentIncomeInterestAndDividend
178000 USD
us-gaap Operating Leases Rent Expense Minimum Rentals
OperatingLeasesRentExpenseMinimumRentals
66967000 USD
CY2015Q4 us-gaap Liabilities
Liabilities
186391000 USD
CY2016Q3 us-gaap Liabilities
Liabilities
172681000 USD
CY2015Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
608020000 USD
CY2016Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
625173000 USD
CY2015Q4 us-gaap Liabilities Current
LiabilitiesCurrent
167097000 USD
CY2016Q3 us-gaap Liabilities Current
LiabilitiesCurrent
153841000 USD
CY2016Q3 us-gaap Litigation Reserve Current
LitigationReserveCurrent
7400000 USD
CY2015Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
1627000 USD
CY2016Q3 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
27000 USD
CY2015Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
4772000 USD
CY2016Q3 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
3593000 USD
CY2015Q4 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities
6399000 USD
CY2016Q3 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities
3620000 USD
CY2016Q3 us-gaap Long Term Debt And Capital Lease Obligations Maturities Repayments Of Principal After Year Five
LongTermDebtAndCapitalLeaseObligationsMaturitiesRepaymentsOfPrincipalAfterYearFive
0 USD
CY2016Q3 us-gaap Long Term Debt And Capital Lease Obligations Maturities Repayments Of Principal In Year Five
LongTermDebtAndCapitalLeaseObligationsMaturitiesRepaymentsOfPrincipalInYearFive
2000 USD
CY2016Q3 us-gaap Long Term Debt And Capital Lease Obligations Maturities Repayments Of Principal In Year Four
LongTermDebtAndCapitalLeaseObligationsMaturitiesRepaymentsOfPrincipalInYearFour
8000 USD
CY2016Q3 us-gaap Long Term Debt And Capital Lease Obligations Maturities Repayments Of Principal In Year Three
LongTermDebtAndCapitalLeaseObligationsMaturitiesRepaymentsOfPrincipalInYearThree
8000 USD
CY2016Q3 us-gaap Long Term Debt And Capital Lease Obligations Maturities Repayments Of Principal In Year Two
LongTermDebtAndCapitalLeaseObligationsMaturitiesRepaymentsOfPrincipalInYearTwo
2338000 USD
CY2016Q3 us-gaap Long Term Debt And Capital Lease Obligations Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtAndCapitalLeaseObligationsMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
1264000 USD
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
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us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-12134000 USD
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-11796000 USD
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-14871000 USD
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
6940000 USD
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
29354000 USD
CY2015Q3 us-gaap Net Income Loss
NetIncomeLoss
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us-gaap Net Income Loss
NetIncomeLoss
-13023000 USD
CY2016Q3 us-gaap Net Income Loss
NetIncomeLoss
-1533000 USD
us-gaap Net Income Loss
NetIncomeLoss
24150000 USD
CY2015Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-27776000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-24065000 USD
CY2016Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-5352000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
12744000 USD
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3
CY2015Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-20730000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
-6743000 USD
CY2016Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-1215000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
33633000 USD
CY2015Q3 us-gaap Operating Leases Rent Expense Contingent Rentals
OperatingLeasesRentExpenseContingentRentals
4108000 USD
us-gaap Operating Leases Rent Expense Contingent Rentals
OperatingLeasesRentExpenseContingentRentals
11995000 USD
CY2016Q3 us-gaap Operating Leases Rent Expense Contingent Rentals
OperatingLeasesRentExpenseContingentRentals
4768000 USD
us-gaap Operating Leases Rent Expense Contingent Rentals
OperatingLeasesRentExpenseContingentRentals
12328000 USD
CY2015Q3 us-gaap Operating Leases Rent Expense Minimum Rentals
OperatingLeasesRentExpenseMinimumRentals
23323000 USD
us-gaap Operating Leases Rent Expense Minimum Rentals
OperatingLeasesRentExpenseMinimumRentals
73181000 USD
CY2016Q3 us-gaap Operating Leases Rent Expense Minimum Rentals
OperatingLeasesRentExpenseMinimumRentals
21983000 USD
CY2015Q3 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
27431000 USD
us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
85176000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
391000 USD
us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
29582000 USD
CY2016Q3 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
26751000 USD
us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
79295000 USD
CY2015Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
8563000 USD
CY2016Q3 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
3732000 USD
CY2015Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
21703000 USD
CY2016Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
18388000 USD
CY2015Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
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us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-29306000 USD
CY2016Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-140000 USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
6531000 USD
CY2015Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
13120000 USD
CY2016Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
13848000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
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us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-254000 USD
CY2015Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
405000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
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CY2016Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
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us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
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CY2016Q3 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
0 USD
us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
2018000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
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us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
94000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
466000 USD
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
8900000 USD
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
9000000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
261000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
263000 USD
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
7572000 USD
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
5598000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
4235000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
12651000 USD
CY2015Q3 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
3000000 USD
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
8833000 USD
CY2016Q3 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
3000000 USD
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
9000000 USD
CY2015Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2016Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2015Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
4000000 shares
CY2016Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
4000000 shares
CY2015Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2016Q3 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2015Q4 us-gaap Preferred Stock Value Outstanding
PreferredStockValueOutstanding
0 USD
CY2016Q3 us-gaap Preferred Stock Value Outstanding
PreferredStockValueOutstanding
0 USD
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26334000 USD
CY2016Q3 us-gaap Prepaid Expense And Other Assets Current
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29925000 USD
us-gaap Proceeds From Issuance Of Common Stock
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1255000 USD
CY2015Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
49490000 USD
CY2016Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
45820000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
25258000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
1805000 USD
CY2015Q4 us-gaap Purchase Commitment Remaining Minimum Amount Committed
PurchaseCommitmentRemainingMinimumAmountCommitted
158200000 USD
CY2016Q3 us-gaap Purchase Commitment Remaining Minimum Amount Committed
PurchaseCommitmentRemainingMinimumAmountCommitted
106700000 USD
CY2015Q3 us-gaap Restructuring Charges
RestructuringCharges
981000 USD
us-gaap Restructuring Charges
RestructuringCharges
7454000 USD
CY2016Q3 us-gaap Restructuring Charges
RestructuringCharges
0 USD
us-gaap Restructuring Charges
RestructuringCharges
0 USD
CY2015Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
227463000 USD
CY2016Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
241205000 USD
CY2015Q4 us-gaap Sales And Excise Tax Payable Current
SalesAndExciseTaxPayableCurrent
7018000 USD
CY2016Q3 us-gaap Sales And Excise Tax Payable Current
SalesAndExciseTaxPayableCurrent
7997000 USD
CY2015Q3 us-gaap Sales Revenue Net
SalesRevenueNet
274088000 USD
us-gaap Sales Revenue Net
SalesRevenueNet
881952000 USD
CY2016Q3 us-gaap Sales Revenue Net
SalesRevenueNet
245888000 USD
us-gaap Sales Revenue Net
SalesRevenueNet
848856000 USD
CY2015Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
135110000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
429815000 USD
CY2016Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
122719000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
386112000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
8886000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
8006000 USD
CY2016Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
14.70
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
12.71
CY2016Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
116452 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
616182 shares
CY2016Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0 shares
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1295749 shares
CY2016Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
704722 shares
CY2016Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
580573 shares
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
14.09
CY2016Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
16.70
CY2016Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
17.27
CY2016Q3 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
3.33
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
3.95
CY2016Q3 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
0.00
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
0.00
CY2016Q3 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
7697 shares
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
98994 shares
CY2013Q4 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
350000000 USD
CY2016Q3 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
118700000 USD
CY2015Q3 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
0 shares
us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
0 shares
CY2016Q3 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
0 shares
CY2015Q3 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
0 USD
us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
0 USD
CY2016Q3 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
0 USD
us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
0 USD
CY2015Q4 us-gaap Stockholders Equity
StockholdersEquity
245972000 USD
CY2016Q3 us-gaap Stockholders Equity
StockholdersEquity
274429000 USD
CY2015Q3 us-gaap Temporary Equity Accretion To Redemption Value Adjustment
TemporaryEquityAccretionToRedemptionValueAdjustment
752000 USD
us-gaap Temporary Equity Accretion To Redemption Value Adjustment
TemporaryEquityAccretionToRedemptionValueAdjustment
2209000 USD
CY2016Q3 us-gaap Temporary Equity Accretion To Redemption Value Adjustment
TemporaryEquityAccretionToRedemptionValueAdjustment
819000 USD
us-gaap Temporary Equity Accretion To Redemption Value Adjustment
TemporaryEquityAccretionToRedemptionValueAdjustment
2406000 USD
CY2015Q4 us-gaap Temporary Equity Aggregate Amount Of Redemption Requirement
TemporaryEquityAggregateAmountOfRedemptionRequirement
203000000 USD
CY2016Q3 us-gaap Temporary Equity Aggregate Amount Of Redemption Requirement
TemporaryEquityAggregateAmountOfRedemptionRequirement
203000000 USD
CY2015Q4 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
175657000 USD
CY2016Q3 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
178063000 USD
CY2015Q4 us-gaap Temporary Equity Liquidation Preference
TemporaryEquityLiquidationPreference
203000000 USD
CY2016Q3 us-gaap Temporary Equity Liquidation Preference
TemporaryEquityLiquidationPreference
203000000 USD
CY2015Q4 us-gaap Temporary Equity Par Or Stated Value Per Share
TemporaryEquityParOrStatedValuePerShare
0.001
CY2016Q3 us-gaap Temporary Equity Par Or Stated Value Per Share
TemporaryEquityParOrStatedValuePerShare
0.001
CY2015Q4 us-gaap Temporary Equity Shares Authorized
TemporaryEquitySharesAuthorized
1000000 shares
CY2016Q3 us-gaap Temporary Equity Shares Authorized
TemporaryEquitySharesAuthorized
1000000 shares
CY2015Q4 us-gaap Temporary Equity Shares Issued
TemporaryEquitySharesIssued
200000 shares
CY2016Q3 us-gaap Temporary Equity Shares Issued
TemporaryEquitySharesIssued
200000 shares
CY2014Q1 us-gaap Temporary Equity Shares Issued
TemporaryEquitySharesIssued
200000 shares
CY2015Q4 us-gaap Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
200000 shares
CY2016Q3 us-gaap Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
200000 shares
CY2015Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
20249589 shares
CY2016Q3 us-gaap Treasury Stock Shares
TreasuryStockShares
20278422 shares
CY2015Q4 us-gaap Treasury Stock Value
TreasuryStockValue
283913000 USD
CY2016Q3 us-gaap Treasury Stock Value
TreasuryStockValue
284176000 USD
CY2015Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
5000000 USD
CY2016Q3 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
5300000 USD
CY2015Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1000000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1000000 shares
CY2015Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
74332000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
76318000 shares
CY2016Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
73493000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
74730000 shares
CY2015Q3 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
74332000 shares
us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
76318000 shares
CY2016Q3 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
73493000 shares
us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
73323000 shares
crox Temporary Equity
TemporaryEquity
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;"></font><font style="font-family:inherit;font-size:10pt;font-weight:bold;">SERIES A PREFERRED STOCK</font><font style="font-family:inherit;font-size:10pt;font-weight:bold;"> </font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On January 27, 2014, the Company issued </font><font style="font-family:inherit;font-size:10pt;">200,000</font><font style="font-family:inherit;font-size:10pt;"> shares of </font><font style="font-family:inherit;font-size:10pt;">Series A Preferred Stock</font><font style="font-family:inherit;font-size:10pt;"> to </font><font style="font-family:inherit;font-size:10pt;">Blackstone</font><font style="font-family:inherit;font-size:10pt;"> and certain of its permitted transferees, for an aggregate purchase price of </font><font style="font-family:inherit;font-size:10pt;">$198.0 million</font><font style="font-family:inherit;font-size:10pt;">, or </font><font style="font-family:inherit;font-size:10pt;">$990</font><font style="font-family:inherit;font-size:10pt;"> per share, pursuant to an Investment Agreement between Crocs and Blackstone, dated December 28, 2013, (as amended, the &#8220;</font><font style="font-family:inherit;font-size:10pt;">Investment Agreement</font><font style="font-family:inherit;font-size:10pt;">&#8221;). In connection with the issuance of </font><font style="font-family:inherit;font-size:10pt;">Series A Preferred Stock</font><font style="font-family:inherit;font-size:10pt;">, the Company received proceeds of </font><font style="font-family:inherit;font-size:10pt;">$182.2 million</font><font style="font-family:inherit;font-size:10pt;"> after deducting the issuance discount of </font><font style="font-family:inherit;font-size:10pt;">$2.0 million</font><font style="font-family:inherit;font-size:10pt;"> and direct and incremental expenses of </font><font style="font-family:inherit;font-size:10pt;">$15.8 million</font><font style="font-family:inherit;font-size:10pt;">, which included financial advisory fees, closing costs, legal expenses, and other offering-related expenses. As of both </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2016</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2015</font><font style="font-family:inherit;font-size:10pt;">, the Company had accrued dividends of </font><font style="font-family:inherit;font-size:10pt;">$3.0 million</font><font style="font-family:inherit;font-size:10pt;"> on the condensed consolidated balance sheets in &#8216;Accrued expenses and other liabilities&#8217;, which were paid in cash to holders of the </font><font style="font-family:inherit;font-size:10pt;">Series A Preferred Stock</font><font style="font-family:inherit;font-size:10pt;"> on October 3, 2016 and January&#160;4, 2016, respectively.</font></div></div>

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