2017 Q1 Form 10-Q Financial Statement

#000156459017000914 Filed on February 03, 2017

View on sec.gov

Income Statement

Concept 2017 Q1 2016 Q4 2015 Q4
Revenue $133.6M $128.4M $123.9M
YoY Change 4.14% 3.64% 1.26%
Cost Of Revenue $105.9M $102.8M $98.66M
YoY Change 4.03% 4.22% 0.44%
Gross Profit $27.72M $25.58M $25.23M
YoY Change 4.83% 1.37% 4.58%
Gross Profit Margin 20.75% 19.92% 20.37%
Selling, General & Admin $15.00M $14.10M $14.50M
YoY Change -5.06% -2.76% 5.07%
% of Gross Profit 54.11% 55.13% 57.47%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $5.330M $5.210M $4.990M
YoY Change 5.75% 4.41% 9.91%
% of Gross Profit 19.23% 20.37% 19.78%
Operating Expenses $15.00M $14.20M $14.50M
YoY Change -5.66% -2.07% 4.32%
Operating Profit $12.72M $11.38M $10.73M
YoY Change 20.64% 6.01% 4.93%
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $12.70M $11.44M $10.73M
YoY Change 19.81% 6.63% 4.25%
Income Tax $4.700M $4.394M $4.040M
% Of Pretax Income 37.01% 38.4% 37.65%
Net Earnings $7.987M $7.049M $6.691M
YoY Change 19.8% 5.35% -2.06%
Net Earnings / Revenue 5.98% 5.49% 5.4%
Basic Earnings Per Share $0.42 $0.36 $0.34
Diluted Earnings Per Share $0.42 $0.36 $0.34
COMMON SHARES
Basic Shares Outstanding 19.13M 19.43M 19.67M
Diluted Shares Outstanding 19.55M 19.85M

Balance Sheet

Concept 2017 Q1 2016 Q4 2015 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $28.60M $38.80M $26.50M
YoY Change -12.8% 46.42% -14.52%
Cash & Equivalents $28.61M $38.81M $26.50M
Short-Term Investments
Other Short-Term Assets $37.40M $37.50M $38.40M
YoY Change 22.62% -2.34% 36.65%
Inventory
Prepaid Expenses $4.944M $6.933M $6.696M
Receivables $62.84M $59.18M $55.88M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $128.9M $135.6M $120.8M
YoY Change 4.68% 12.24% 4.73%
LONG-TERM ASSETS
Property, Plant & Equipment $63.04M $58.20M $53.61M
YoY Change 18.35% 8.56% 1.31%
Goodwill $36.81M $36.81M $36.81M
YoY Change 0.0% 0.0% 0.0%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $2.809M $3.200M $2.987M
YoY Change 0.61% 7.13% 107.29%
Total Long-Term Assets $106.5M $102.2M $97.81M
YoY Change 9.63% 4.46% 1.86%
TOTAL ASSETS
Total Short-Term Assets $128.9M $135.6M $120.8M
Total Long-Term Assets $106.5M $102.2M $97.81M
Total Assets $235.4M $237.7M $218.6M
YoY Change 6.86% 8.76% 3.43%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $13.87M $13.96M $11.60M
YoY Change 23.93% 20.35% -12.12%
Accrued Expenses $73.47M $71.48M $62.16M
YoY Change 9.36% 14.98% 20.33%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $90.05M $87.48M $73.78M
YoY Change 11.98% 18.57% 13.8%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $0.00 $0.00 $0.00
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $90.05M $87.48M $73.78M
Total Long-Term Liabilities $0.00 $0.00 $0.00
Total Liabilities $96.74M $94.72M $90.52M
YoY Change 9.53% 4.65% 11.75%
SHAREHOLDERS EQUITY
Retained Earnings $422.8M $414.8M $386.6M
YoY Change 7.5% 7.28% 7.64%
Common Stock $135.7M $135.2M $128.5M
YoY Change 4.0% 5.18% 5.04%
Preferred Stock
YoY Change
Treasury Stock (at cost) $419.8M $406.9M $387.1M
YoY Change 7.15% 5.13% 10.23%
Treasury Stock Shares $34.63M $34.31M 33.78M shares
Shareholders Equity $138.6M $143.0M $128.1M
YoY Change
Total Liabilities & Shareholders Equity $235.4M $237.7M $218.6M
YoY Change 6.86% 8.76% 3.43%

Cashflow Statement

Concept 2017 Q1 2016 Q4 2015 Q4
OPERATING ACTIVITIES
Net Income $7.987M $7.049M $6.691M
YoY Change 19.8% 5.35% -2.06%
Depreciation, Depletion And Amortization $5.330M $5.210M $4.990M
YoY Change 5.75% 4.41% 9.91%
Cash From Operating Activities $15.54M $15.96M $12.22M
YoY Change 7.17% 30.61% -30.05%
INVESTING ACTIVITIES
Capital Expenditures -$13.87M -$6.330M -$3.870M
YoY Change 185.39% 63.57% -21.66%
Acquisitions
YoY Change
Other Investing Activities $280.0K $0.00 $0.00
YoY Change -100.0%
Cash From Investing Activities -$13.59M -$6.330M -$3.870M
YoY Change 179.63% 63.57% -30.14%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -12.15M -11.69M -6.730M
YoY Change 260.53% 73.7% -25.8%
NET CHANGE
Cash From Operating Activities 15.54M 15.96M 12.22M
Cash From Investing Activities -13.59M -6.330M -3.870M
Cash From Financing Activities -12.15M -11.69M -6.730M
Net Change In Cash -10.20M -2.060M 1.620M
YoY Change -262.68% -227.16% -43.36%
FREE CASH FLOW
Cash From Operating Activities $15.54M $15.96M $12.22M
Capital Expenditures -$13.87M -$6.330M -$3.870M
Free Cash Flow $29.41M $22.29M $16.09M
YoY Change 51.91% 38.53% -28.2%

Facts In Submission

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SalesRevenueServicesNet
128403000
CY2016Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
11443000
us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
385081000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
15617000
us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
-424000
us-gaap Share Based Compensation
ShareBasedCompensation
1736000
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
1684000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-660000
CY2016Q4 us-gaap Assets
Assets
237725000
CY2016Q4 crvl Accounts And Taxes Payable
AccountsAndTaxesPayable
16003000
CY2016Q4 us-gaap Common Stock Value
CommonStockValue
3000
CY2016Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
6933000
CY2016Q4 us-gaap Assets Current
AssetsCurrent
135552000
CY2016Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
58199000
CY2016Q4 us-gaap Goodwill
Goodwill
36814000
CY2016Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
3960000
CY2016Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
3200000
CY2016Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
71475000
CY2016Q4 us-gaap Liabilities Current
LiabilitiesCurrent
87478000
CY2016Q4 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
7246000
CY2016Q4 us-gaap Liabilities
Liabilities
94724000
CY2016Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2016Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
135151000
CY2016Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
414775000
CY2016Q4 us-gaap Stockholders Equity
StockholdersEquity
143001000
CY2016Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
237725000
CY2016Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2016Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
120000000
CY2016Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
53544487
CY2016Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
19238130
CY2016Q4 us-gaap Net Income Loss
NetIncomeLoss
7049000
CY2016Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.36
CY2016Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.36
CY2016Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
19549000
CY2016Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
59181000
CY2016Q4 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
102826000
CY2016Q4 us-gaap Gross Profit
GrossProfit
25577000
CY2016Q4 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
14134000
CY2016Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
19426000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
17173000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
15125000
us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
2000000
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
137000
crvl Increase Decrease In Accounts And Taxes Payable
IncreaseDecreaseInAccountsAndTaxesPayable
-722000
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
3492000
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Expiration Period
SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod
P5Y
CY2015Q4 crvl Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Forfeiture Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedForfeitureRate
0.1202
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
1118000
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
4293000
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
35629000
us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
600000
us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
250000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
11901000
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-17423000
us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
880000
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
1868000
us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
201000
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-12176000
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
6030000
CY2015Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
26504000
us-gaap Income Taxes Paid
IncomeTaxesPaid
13929000
crvl Interest Bearing Securities With Maturities
InterestBearingSecuritiesWithMaturities
P90D
crvl Accounts Receivable Due Period
AccountsReceivableDuePeriod
P30D
CY2016Q4 crvl Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Forfeiture Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedForfeitureRate
0.1130
CY2015Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
28.81
CY2016Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
32.17
CY2016Q4 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
32.10
CY2015Q4 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
23.75
CY2016Q4 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
25.86
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
34.64
CY2016Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P4Y6M
CY2015Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1135586
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
155275
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
143750
CY2015Q4 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
44077
CY2016Q4 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
4256
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
15986
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
3550
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1238863
CY2015Q4 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
34.78
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0126
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.43
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.42
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.0000
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.0000
CY2015Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P4Y6M
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
37.17
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
29.67
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
32.17
CY2015Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1163179
CY2016Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1115465
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
242275
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
234250
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
139718
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
95472
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
34938
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
15380
CY2015Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
27.65
us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageRemainingContractualTerm2
P3Y2M9D
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
568058
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
27.09
CY2015Q4 us-gaap Stock Repurchase Program Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased
1000000
CY2016Q4 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
318344
CY2016Q4 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
10900000
CY2016Q4 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
34.32
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
153000
CY2016Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
13961000
CY2016Q4 crvl Income Taxes Payable Current And Uncertain Tax Positions
IncomeTaxesPayableCurrentAndUncertainTaxPositions
2042000
CY2016Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
17438000
CY2016Q4 us-gaap Customer Deposits Current
CustomerDepositsCurrent
30629000
CY2016Q4 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
4896000
CY2016Q4 us-gaap Self Insurance Reserve Current
SelfInsuranceReserveCurrent
2770000
CY2016Q4 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
8707000
CY2016Q4 us-gaap Accrued Rent Current
AccruedRentCurrent
4569000
CY2016Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
2466000

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