2015 Q4 Form 10-K Financial Statement

#000157642717000021 Filed on March 01, 2017

View on sec.gov

Income Statement

Concept 2015 Q4 2015 2014 Q4
Revenue $361.7M $1.323B $295.1M
YoY Change 22.57% 33.89%
Cost Of Revenue $232.2M $851.4M $186.9M
YoY Change 24.24% 34.4%
Gross Profit $129.5M $471.8M $108.1M
YoY Change 19.8% 32.98%
Gross Profit Margin 35.8% 35.66% 36.63%
Selling, General & Admin $72.30M $308.7M $65.80M
YoY Change 9.88% 27.74%
% of Gross Profit 55.83% 65.42% 60.87%
Research & Development $21.30M $86.81M $14.80M
YoY Change 43.92% 44.5%
% of Gross Profit 16.45% 18.4% 13.69%
Depreciation & Amortization $14.60M $34.33M $9.700M
YoY Change 50.52% 2.78% 90.2%
% of Gross Profit 11.27% 7.28% 8.97%
Operating Expenses $98.50M $395.5M $82.50M
YoY Change 19.39% 31.07%
Operating Profit $31.00M $76.33M $25.60M
YoY Change 21.09% 43.8%
Interest Expense $600.0K $653.0K $1.600M
YoY Change -62.5% 12.01%
% of Operating Profit 1.94% 0.86% 6.25%
Other Income/Expense, Net -$4.541M
YoY Change -139.87%
Pretax Income $31.60M $71.79M $27.20M
YoY Change 16.18% 11.35%
Income Tax -$3.900M $9.517M $4.100M
% Of Pretax Income -12.34% 13.26% 15.07%
Net Earnings $35.50M $59.55M $22.60M
YoY Change 57.08% 30.72%
Net Earnings / Revenue 9.81% 4.5% 7.66%
Basic Earnings Per Share $0.96
Diluted Earnings Per Share $545.3K $0.91 $337.3K
COMMON SHARES
Basic Shares Outstanding 61.84M shares
Diluted Shares Outstanding 65.10M shares

Balance Sheet

Concept 2015 Q4 2015 2014 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $353.5M $353.5M $351.8M
YoY Change 0.48% 0.48% 9.22%
Cash & Equivalents $353.5M $351.8M
Short-Term Investments $168.3M $168.3M $181.7M
Other Short-Term Assets $16.03M $12.20M $4.700M
YoY Change 241.06% 159.57% 27.03%
Inventory
Prepaid Expenses $9.475M
Receivables $261.6M $261.6M $192.6M
Other Receivables $36.00M $36.00M $24.30M
Total Short-Term Assets $663.4M $663.4M $573.4M
YoY Change 15.7% 15.7% 21.46%
LONG-TERM ASSETS
Property, Plant & Equipment $82.48M $82.50M $52.24M
YoY Change 57.89% 58.05% 53.64%
Goodwill $41.97M $27.86M
YoY Change 50.68%
Intangibles $16.47M $12.82M
YoY Change 28.46%
Long-Term Investments $17.20M $17.20M $11.50M
YoY Change 49.57% 49.57% 9.52%
Other Assets $20.20M $20.20M $8.600M
YoY Change 134.88% 134.88% 38.71%
Total Long-Term Assets $178.3M $178.3M $113.1M
YoY Change 57.65% 57.65% 72.67%
TOTAL ASSETS
Total Short-Term Assets $663.4M $663.4M $573.4M
Total Long-Term Assets $178.3M $178.3M $113.1M
Total Assets $841.7M $841.7M $686.5M
YoY Change 22.61% 22.61% 27.7%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $254.4M $254.4M $177.2M
YoY Change 43.57% 43.57% 59.35%
Accrued Expenses $42.30M $42.30M $31.30M
YoY Change 35.14% 35.14% 58.88%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $5.973M $7.200M $8.007M
YoY Change -25.4% -24.21% 12.77%
Total Short-Term Liabilities $357.8M $357.8M $262.5M
YoY Change 36.32% 36.3% 60.94%
LONG-TERM LIABILITIES
Long-Term Debt $3.272M $3.300M $5.044M
YoY Change -35.13% -37.74% -39.95%
Other Long-Term Liabilities $1.400M $1.400M $1.200M
YoY Change 16.67% 16.67% -7.69%
Total Long-Term Liabilities $4.856M $4.700M $5.044M
YoY Change -3.73% -27.69% -48.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $357.8M $357.8M $262.5M
Total Long-Term Liabilities $4.856M $4.700M $5.044M
Total Liabilities $362.7M $367.4M $271.9M
YoY Change 33.39% 35.12% 56.71%
SHAREHOLDERS EQUITY
Retained Earnings $116.1M
YoY Change
Common Stock $427.3M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $474.3M $474.3M $414.6M
YoY Change
Total Liabilities & Shareholders Equity $841.7M $841.7M $686.5M
YoY Change 22.61% 22.61% 27.7%

Cashflow Statement

Concept 2015 Q4 2015 2014 Q4
OPERATING ACTIVITIES
Net Income $35.50M $59.55M $22.60M
YoY Change 57.08% 30.72%
Depreciation, Depletion And Amortization $14.60M $34.33M $9.700M
YoY Change 50.52% 2.78% 90.2%
Cash From Operating Activities $66.70M $137.2M $51.20M
YoY Change 30.27% 17.95% 212.2%
INVESTING ACTIVITIES
Capital Expenditures -$20.40M -$75.60M -$14.20M
YoY Change 43.66% 55.56% -5.96%
Acquisitions $20.54M
YoY Change -21.3%
Other Investing Activities $400.0K -$26.00M $300.0K
YoY Change 33.33% -2.62% -94.23%
Cash From Investing Activities -$20.00M -$101.6M -$13.90M
YoY Change 43.88% 35.0% 40.4%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $13.77M
YoY Change -56.48%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 1.700M $7.811M 4.400M
YoY Change -61.36% -74.81% -98.26%
NET CHANGE
Cash From Operating Activities 66.70M $137.2M 51.20M
Cash From Investing Activities -20.00M -$101.6M -13.90M
Cash From Financing Activities 1.700M $7.811M 4.400M
Net Change In Cash 48.40M $43.33M 41.70M
YoY Change 16.07% -39.83% -83.94%
FREE CASH FLOW
Cash From Operating Activities $66.70M $137.2M $51.20M
Capital Expenditures -$20.40M -$75.60M -$14.20M
Free Cash Flow $87.10M $212.8M $65.40M
YoY Change 33.18% 29.03% 107.62%

Facts In Submission

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0.95
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19600000 USD
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false
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2016-12-31
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10-K
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0001576427
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Criteo S.A.
CY2016 dei Entity Voluntary Filers
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No
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30463000 USD
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10096000 USD
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ForeignCurrencyTransactionGainLossBeforeTax
-6000000 USD
CY2016 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
506000 USD
CY2014 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-141000 USD
CY2015 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
2127000 USD
CY2016 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
81000 USD
CY2014 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
64723000 USD
CY2015 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
79145000 USD
CY2016 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
117469000 USD
CY2014Q4 us-gaap Goodwill
Goodwill
27856000 USD
CY2015Q4 us-gaap Goodwill
Goodwill
41973000 USD
CY2016Q4 us-gaap Goodwill
Goodwill
209418000 USD
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GoodwillAcquiredDuringPeriod
16695000 USD
CY2016 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
169197000 USD
CY2015 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-2578000 USD
CY2016 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-1752000 USD
CY2014 us-gaap Gross Profit
GrossProfit
354809000 USD
CY2015 us-gaap Gross Profit
GrossProfit
471816000 USD
CY2016 us-gaap Gross Profit
GrossProfit
644975000 USD
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
71793000 USD
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
120458000 USD
CY2014 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
17578000 USD
CY2015 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
9517000 USD
CY2016 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
33129000 USD
CY2014 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
3546000 USD
CY2015 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
7662000 USD
CY2016 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
7738000 USD
CY2014 us-gaap Income Tax Reconciliation Deductions
IncomeTaxReconciliationDeductions
8984000 USD
CY2015 us-gaap Income Tax Reconciliation Deductions
IncomeTaxReconciliationDeductions
12545000 USD
CY2016 us-gaap Income Tax Reconciliation Deductions
IncomeTaxReconciliationDeductions
20022000 USD
CY2014 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
1019000 USD
CY2015 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
1046000 USD
CY2016 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
1108000 USD
CY2014 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
22198000 USD
CY2015 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
24718000 USD
CY2016 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
41474000 USD
CY2014 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
-3419000 USD
CY2015 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
-2048000 USD
CY2016 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
8957000 USD
CY2014 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
525000 USD
CY2015 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
444000 USD
CY2016 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
2258000 USD
CY2014 us-gaap Income Tax Reconciliation Tax Credits Research
IncomeTaxReconciliationTaxCreditsResearch
1743000 USD
CY2015 us-gaap Income Tax Reconciliation Tax Credits Research
IncomeTaxReconciliationTaxCreditsResearch
1352000 USD
CY2016 us-gaap Income Tax Reconciliation Tax Credits Research
IncomeTaxReconciliationTaxCreditsResearch
1701000 USD
CY2014 us-gaap Income Taxes Paid
IncomeTaxesPaid
6820000 USD
CY2015 us-gaap Income Taxes Paid
IncomeTaxesPaid
18805000 USD
CY2016 us-gaap Income Taxes Paid
IncomeTaxesPaid
43522000 USD
CY2014 us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
70557000 USD
CY2015 us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
100047000 USD
CY2016 us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
81862000 USD
CY2014 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
83646000 USD
CY2015 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
83420000 USD
CY2016 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
117970000 USD
CY2014 us-gaap Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
-4661000 USD
CY2015 us-gaap Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
-15231000 USD
CY2016 us-gaap Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
29460000 USD
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IncreaseDecreaseInOtherCurrentAssets
7986000 USD
CY2015 us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
24101000 USD
CY2016 us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
28432000 USD
CY2014 us-gaap Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
25736000 USD
CY2015 us-gaap Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
22705000 USD
CY2016 us-gaap Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
35080000 USD
CY2014 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
217461 shares
CY2015 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
127438 shares
CY2016 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
83222 shares
CY2014 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2015 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2016 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
253728 shares
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IntangibleAssetsGrossExcludingGoodwill
35550000 USD
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129992000 USD
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12821000 USD
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16470000 USD
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102944000 USD
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114127000 USD
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88091000 USD
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InterestExpense
583000 USD
CY2015 us-gaap Interest Expense
InterestExpense
653000 USD
CY2016 us-gaap Interest Expense
InterestExpense
2367000 USD
CY2014 us-gaap Interest Expense Debt
InterestExpenseDebt
583000 USD
CY2015 us-gaap Interest Expense Debt
InterestExpenseDebt
553000 USD
CY2016 us-gaap Interest Expense Debt
InterestExpenseDebt
1134000 USD
CY2016 us-gaap Interest Paid
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1300000 USD
CY2014 us-gaap Investment Income Interest
InvestmentIncomeInterest
1910000 USD
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InvestmentIncomeInterest
2105000 USD
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InvestmentIncomeInterest
1352000 USD
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189418000 USD
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246171000 USD
CY2016 us-gaap Labor And Related Expense
LaborAndRelatedExpense
332353000 USD
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362696000 USD
CY2016Q4 us-gaap Liabilities
Liabilities
601309000 USD
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841719000 USD
CY2016Q4 us-gaap Liabilities And Stockholders Equity
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1211186000 USD
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357840000 USD
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519791000 USD
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4856000 USD
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81518000 USD
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13051000 USD
CY2015Q4 us-gaap Long Term Debt
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9245000 USD
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82921000 USD
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8007000 USD
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5973000 USD
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5524000 USD
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LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
5522000 USD
CY2016Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
316000 USD
CY2016Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
75634000 USD
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LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
632000 USD
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LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
817000 USD
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5044000 USD
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3272000 USD
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77397000 USD
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1373000 USD
CY2015Q4 us-gaap Loss Contingency Accrual At Carrying Value
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668000 USD
CY2016Q4 us-gaap Loss Contingency Accrual At Carrying Value
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654000 USD
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654000 USD
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632000 USD
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LossContingencyAccrualProvision
837000 USD
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4698000 USD
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9745000 USD
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MoneyMarketFundsAtCarryingValue
54188000 USD
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MoneyMarketFundsAtCarryingValue
31688000 USD
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31013000 USD
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7811000 USD
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90570000 USD
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116281000 USD
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137150000 USD
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153469000 USD
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45556000 USD
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59553000 USD
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82272000 USD
CY2014 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
1340000 USD
CY2015 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
2723000 USD
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5057000 USD
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131525000 USD
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NonoperatingIncomeExpense
11390000 USD
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NonoperatingIncomeExpense
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CY2016 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
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CY2016 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
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17184000 USD
CY2016Q4 us-gaap Nontrade Receivables Noncurrent
NontradeReceivablesNoncurrent
17029000 USD
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OperatingExpenses
301725000 USD
CY2015 us-gaap Operating Expenses
OperatingExpenses
395482000 USD
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523971000 USD
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OperatingIncomeLoss
53084000 USD
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OperatingIncomeLoss
76334000 USD
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OperatingIncomeLoss
121004000 USD
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16030000 USD
CY2016Q4 us-gaap Other Assets Current
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19340000 USD
CY2014 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Before Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesBeforeTax
0 USD
CY2015 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Before Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesBeforeTax
0 USD
CY2016 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Before Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesBeforeTax
0 USD
CY2014 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
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0 USD
CY2015 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
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0 USD
CY2016 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
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0 USD
CY2014 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax
0 USD
CY2015 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax
0 USD
CY2016 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax
0 USD
CY2014 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
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-48190000 USD
CY2015 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
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-37234000 USD
CY2016 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
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-18571000 USD
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-48190000 USD
CY2015 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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CY2016 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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-18571000 USD
CY2014 us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
0 USD
CY2015 us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
0 USD
CY2016 us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
0 USD
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CY2014 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax
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-512000 USD
CY2015 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax
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-127000 USD
CY2016 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax
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1335000 USD
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-435000 USD
CY2015 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
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-105000 USD
CY2016 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
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1129000 USD
CY2014 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
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-77000 USD
CY2015 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
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-22000 USD
CY2016 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
206000 USD
CY2015 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
-23000 USD
CY2016 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
-27000 USD
CY2014 us-gaap Other Cost Of Operating Revenue
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47948000 USD
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62201000 USD
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85260000 USD
CY2014 us-gaap Other Cost Of Services
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1113000 USD
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1650000 USD
CY2016 us-gaap Other Cost Of Services
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4691000 USD
CY2015Q4 us-gaap Other Liabilities Current
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15531000 USD
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30221000 USD
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22892000 USD
CY2015 us-gaap Other Noncash Income Tax Expense
OtherNoncashIncomeTaxExpense
25221000 USD
CY2016 us-gaap Other Noncash Income Tax Expense
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43196000 USD
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CY2016 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
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CY2015Q4 us-gaap Other Sundry Liabilities Current
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1091000 USD
CY2016Q4 us-gaap Other Sundry Liabilities Current
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2440000 USD
CY2014 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
26103000 USD
CY2015 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
20542000 USD
CY2016 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
235541000 USD
CY2015Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
9475000 USD
CY2016Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
13638000 USD
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31638000 USD
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ProceedsFromIssuanceOfCommonStock
13768000 USD
CY2016 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
20075000 USD
CY2014 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
5628000 USD
CY2015 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
4023000 USD
CY2016 us-gaap Proceeds From Issuance Of Long Term Debt
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84022000 USD
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-8980000 USD
CY2016 us-gaap Proceeds From Repayments Of Debt
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-13305000 USD
CY2014 us-gaap Profit Loss
ProfitLoss
46896000 USD
CY2015 us-gaap Profit Loss
ProfitLoss
62276000 USD
CY2016 us-gaap Profit Loss
ProfitLoss
87329000 USD
CY2015 us-gaap Property Plant And Equipment Additions
PropertyPlantAndEquipmentAdditions
68247000 USD
CY2016 us-gaap Property Plant And Equipment Additions
PropertyPlantAndEquipmentAdditions
76030000 USD
CY2015 us-gaap Property Plant And Equipment Disposals
PropertyPlantAndEquipmentDisposals
101000 USD
CY2016 us-gaap Property Plant And Equipment Disposals
PropertyPlantAndEquipmentDisposals
8000 USD
CY2015Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
146522000 USD
CY2016Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
215892000 USD
CY2014Q4 us-gaap Property Plant And Equipment Net
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52239000 USD
CY2015Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
82482000 USD
CY2016Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
108581000 USD
CY2015 us-gaap Property Plant And Equipment Transfers And Changes
PropertyPlantAndEquipmentTransfersAndChanges
0 USD
CY2016 us-gaap Property Plant And Equipment Transfers And Changes
PropertyPlantAndEquipmentTransfersAndChanges
0 USD
CY2014 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
2248000 USD
CY2015 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
2660000 USD
CY2016 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
9898000 USD
CY2014 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
60075000 USD
CY2015 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
86807000 USD
CY2016 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
123649000 USD
CY2015Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
116076000 USD
CY2016Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
198355000 USD
CY2014 us-gaap Revenues
Revenues
988249000 USD
CY2015 us-gaap Revenues
Revenues
1323169000 USD
CY2016 us-gaap Revenues
Revenues
1799146000 USD
CY2014 us-gaap Salaries Wages And Officers Compensation
SalariesWagesAndOfficersCompensation
128737000 USD
CY2015 us-gaap Salaries Wages And Officers Compensation
SalariesWagesAndOfficersCompensation
170079000 USD
CY2016 us-gaap Salaries Wages And Officers Compensation
SalariesWagesAndOfficersCompensation
220317000 USD
CY2014 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
176927000 USD
CY2015 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
229530000 USD
CY2016 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
282853000 USD
CY2014 us-gaap Severance Costs1
SeveranceCosts1
2469000 USD
CY2015 us-gaap Severance Costs1
SeveranceCosts1
1343000 USD
CY2016 us-gaap Severance Costs1
SeveranceCosts1
2726000 USD
CY2014 us-gaap Share Based Compensation
ShareBasedCompensation
19600000 USD
CY2015 us-gaap Share Based Compensation
ShareBasedCompensation
23989000 USD
CY2016 us-gaap Share Based Compensation
ShareBasedCompensation
43259000 USD
CY2014Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
2662969000 shares
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
2644220000 shares
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
2708406000 shares
CY2014Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
5.81
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
11.85
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
17.73
CY2014Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
14.10
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
20.97
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
23.92
CY2014 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P8Y2M12D
CY2015 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P7Y10M24D
CY2016 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P6Y10M24D
CY2015 us-gaap Stock Issued During Period Shares Share Based Compensation
StockIssuedDuringPeriodSharesShareBasedCompensation
1568186 shares
CY2016 us-gaap Stock Issued During Period Shares Share Based Compensation
StockIssuedDuringPeriodSharesShareBasedCompensation
1507323 shares
CY2014 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
3175843000 shares
CY2015 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
1533616000 shares
CY2016 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
1470323000 shares
CY2014 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
32040000 USD
CY2015 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
13770000 USD
CY2016 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
21747000 USD
CY2015Q4 us-gaap Stockholders Equity
StockholdersEquity
474325000 USD
CY2016Q4 us-gaap Stockholders Equity
StockholdersEquity
600132000 USD
CY2013Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
365561000 USD
CY2014Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
416355000 USD
CY2015Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
479023000 USD
CY2016Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
609877000 USD
CY2014 us-gaap Stockholders Equity Other
StockholdersEquityOther
-12000 USD
CY2015 us-gaap Stockholders Equity Other
StockholdersEquityOther
238000 USD
CY2016 us-gaap Stockholders Equity Other
StockholdersEquityOther
111000 USD
CY2014 us-gaap Technology Services Costs
TechnologyServicesCosts
24780000 USD
CY2015 us-gaap Technology Services Costs
TechnologyServicesCosts
30428000 USD
CY2016 us-gaap Technology Services Costs
TechnologyServicesCosts
41978000 USD
CY2014 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
63493260 shares
CY2015 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
65096486 shares
CY2016 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
65633470 shares
CY2014 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
58928563 shares
CY2015 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
61835499 shares
CY2016 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
63337792 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-top:24px;font-size:10pt;"><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">Concentration of Credit Risk</font></div><div style="line-height:120%;padding-bottom:16px;padding-top:8px;text-align:left;text-indent:33px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Financial instruments that potentially subject the Company to significant concentrations of credit risk consist primarily of cash, cash equivalents and accounts receivable. The Company&#8217;s cash and cash equivalents are held at major financial institutions that the Company's management has assessed to be of high credit quality. The Company has not experienced any losses in such accounts.</font></div><div style="line-height:120%;padding-bottom:16px;padding-top:8px;text-align:left;text-indent:33px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company mitigates its credit risk with respect to accounts receivable by performing credit evaluations and monitoring agencies' and advertisers' accounts receivable balances. As of </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;"> and 2015 no customer accounted for 10% or more of accounts receivable. During the years ended </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;">, </font><font style="font-family:inherit;font-size:10pt;">2015</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2014</font><font style="font-family:inherit;font-size:10pt;">, no single customer represented 10% or more of revenue.</font></div></div>
CY2016 us-gaap Property Plant And Equipment Impairment
PropertyPlantAndEquipmentImpairment
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:16px;padding-top:16px;padding-left:36px;font-size:10pt;"><font style="font-family:Times New Roman;font-size:10pt;font-style:italic;font-weight:bold;text-decoration:none;">Property, Plant and Equipment and Impairment of Long-lived Assets</font></div><div style="line-height:120%;padding-bottom:16px;padding-top:8px;text-align:left;text-indent:33px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company periodically reviews long-lived assets for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset is impaired or the estimated useful life is no longer appropriate. If indicators of impairment exist and the undiscounted projected cash flows associated with an asset are less than the carrying amount of the asset, an impairment loss is recorded to write the asset down to its estimated fair value. Fair value is estimated based on discounted future cash flows.</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-top:24px;font-size:10pt;"><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;">Use of Estimates </font></div><div style="line-height:120%;padding-bottom:16px;padding-top:8px;text-align:left;text-indent:33px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Our Consolidated Financial Statements are prepared in accordance with U.S. GAAP. The preparation of our Consolidated Financial Statements requires us to make estimates, assumptions and judgments that affect the reported amounts of assets, liabilities, revenue and expenses. We base our estimates and assumptions on historical experience and other factors that we believe to be reasonable under the circumstances. We evaluate our estimates and assumptions on an ongoing basis. Our actual results may differ from these estimates. </font></div><div style="line-height:120%;padding-bottom:16px;padding-top:8px;text-align:left;text-indent:33px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The most significant areas that require management judgment and estimates relate to (1)&#160;the recognition of revenue and particularly, the determination as to whether revenue should be reported on a gross or a net basis; (2)&#160;the evaluation of our trade receivables and the recognition of a valuation allowance for doubtful accounts; (3)&#160;the recognition of our deferred tax assets considering the subsidiaries projected taxable profit within the next three years and the potential tax deduction upon future exercises of share-options in certain jurisdictions; (4)&#160;the recognition and measurement of goodwill and intangible assets and particularly costs capitalized in relation to our customized internal-use software; and (5)&#160;the measurement of share-based compensation. </font></div></div>

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