2015 Q4 Form 10-Q Financial Statement

#000105735215000082 Filed on October 29, 2015

View on sec.gov

Income Statement

Concept 2015 Q4 2015 Q3 2014 Q3
Revenue $193.0M $189.1M $153.1M
YoY Change 23.64% 23.54% 36.29%
Cost Of Revenue $45.10M $53.73M $40.93M
YoY Change 5.13% 31.26% 29.03%
Gross Profit $147.9M $135.4M $112.1M
YoY Change 30.65% 20.71% 39.15%
Gross Profit Margin 76.63% 71.58% 73.26%
Selling, General & Admin $89.00M $111.6M $66.06M
YoY Change 30.12% 68.92% 44.97%
% of Gross Profit 60.18% 82.44% 58.91%
Research & Development $16.70M $17.05M $14.23M
YoY Change 21.9% 19.83% 23.05%
% of Gross Profit 11.29% 12.6% 12.69%
Depreciation & Amortization $19.60M $5.403M $4.061M
YoY Change -0.51% 33.05% 19.86%
% of Gross Profit 13.25% 3.99% 3.62%
Operating Expenses $112.4M $135.8M $88.64M
YoY Change 25.17% 53.18% 45.78%
Operating Profit $35.50M -$431.0K $23.48M
YoY Change 51.71% -101.84% 18.77%
Interest Expense -$400.0K $2.363M $2.698M
YoY Change -20.0% -12.42% 55.41%
% of Operating Profit -1.13% 11.49%
Other Income/Expense, Net -$1.900M -$1.500M -$1.800M
YoY Change 18.75% -16.67% 80.0%
Pretax Income $33.20M $22.09M $43.69M
YoY Change 56.6% -49.44% 46.66%
Income Tax $10.20M $2.610M $7.871M
% Of Pretax Income 30.72% 11.82% 18.01%
Net Earnings $23.00M -$5.362M $12.96M
YoY Change 65.47% -141.38% 17.24%
Net Earnings / Revenue 11.92% -2.84% 8.47%
Basic Earnings Per Share -$0.17 $0.41
Diluted Earnings Per Share $718.8K -$0.17 $0.40
COMMON SHARES
Basic Shares Outstanding 32.49M shares 31.98M shares 31.74M shares
Diluted Shares Outstanding 31.98M shares 32.08M shares

Balance Sheet

Concept 2015 Q4 2015 Q3 2014 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $421.8M $375.5M $486.2M
YoY Change -19.96% -22.77% 118.12%
Cash & Equivalents $421.8M $375.5M $486.2M
Short-Term Investments
Other Short-Term Assets $10.20M $48.90M $37.60M
YoY Change -65.66% 30.05% 25.75%
Inventory
Prepaid Expenses
Receivables $40.28M $51.07M $39.05M
Other Receivables $400.0K $1.000M $0.00
Total Short-Term Assets $472.7M $476.5M $562.8M
YoY Change -20.75% -15.33% 102.74%
LONG-TERM ASSETS
Property, Plant & Equipment $88.31M $87.63M $70.68M
YoY Change 19.74% 23.99% 26.88%
Goodwill $1.253B $1.250B $1.140B
YoY Change 10.02% 9.65% 58.75%
Intangibles $238.3M $250.8M $257.2M
YoY Change -1.37% -2.47% 70.54%
Long-Term Investments $15.50M $15.50M $21.10M
YoY Change -9.88% -26.54% -2.76%
Other Assets $11.80M $10.40M $12.70M
YoY Change 337.04% -18.11% 92.42%
Total Long-Term Assets $1.607B $1.614B $1.502B
YoY Change 9.01% 7.5% 57.6%
TOTAL ASSETS
Total Short-Term Assets $472.7M $476.5M $562.8M
Total Long-Term Assets $1.607B $1.614B $1.502B
Total Assets $2.080B $2.091B $2.064B
YoY Change 0.44% 1.28% 67.78%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $9.673M $14.21M $7.604M
YoY Change 12.37% 86.88% 19.8%
Accrued Expenses $31.42M $39.27M $30.11M
YoY Change 16.38% 30.44% 28.13%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $16.75M $20.00M $20.00M
YoY Change 0.49% 0.0% -8.57%
Total Short-Term Liabilities $135.3M $162.9M $120.2M
YoY Change 16.67% 35.54% 11.92%
LONG-TERM LIABILITIES
Long-Term Debt $338.4M $350.0M $370.0M
YoY Change -4.72% -5.41% 172.81%
Other Long-Term Liabilities $57.60M $56.60M $55.20M
YoY Change 3.78% 2.54%
Total Long-Term Liabilities $338.4M $350.0M $370.0M
YoY Change -4.72% -5.41% 172.81%
TOTAL LIABILITIES
Total Short-Term Liabilities $135.3M $162.9M $120.2M
Total Long-Term Liabilities $338.4M $350.0M $370.0M
Total Liabilities $535.8M $580.8M $572.0M
YoY Change -3.8% 1.54% 72.77%
SHAREHOLDERS EQUITY
Retained Earnings $110.7M
YoY Change -3.03%
Common Stock $325.0K
YoY Change 0.62%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.544B $1.510B $1.492B
YoY Change
Total Liabilities & Shareholders Equity $2.080B $2.091B $2.064B
YoY Change 0.44% 1.28% 67.78%

Cashflow Statement

Concept 2015 Q4 2015 Q3 2014 Q3
OPERATING ACTIVITIES
Net Income $23.00M -$5.362M $12.96M
YoY Change 65.47% -141.38% 17.24%
Depreciation, Depletion And Amortization $19.60M $5.403M $4.061M
YoY Change -0.51% 33.05% 19.86%
Cash From Operating Activities $61.50M $42.70M $52.70M
YoY Change 28.39% -18.98% 68.91%
INVESTING ACTIVITIES
Capital Expenditures -$7.100M -$10.10M -$9.500M
YoY Change 9.23% 6.32% 48.44%
Acquisitions
YoY Change
Other Investing Activities -$4.800M -$4.300M $600.0K
YoY Change -204.35% -816.67%
Cash From Investing Activities -$12.00M -$14.30M -$8.800M
YoY Change 471.43% 62.5% 37.5%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -3.000M -4.400M -2.300M
YoY Change -36.17% 91.3% -129.49%
NET CHANGE
Cash From Operating Activities 61.50M 42.70M 52.70M
Cash From Investing Activities -12.00M -14.30M -8.800M
Cash From Financing Activities -3.000M -4.400M -2.300M
Net Change In Cash 46.50M 24.00M 41.60M
YoY Change 13.14% -42.31% 27.61%
FREE CASH FLOW
Cash From Operating Activities $61.50M $42.70M $52.70M
Capital Expenditures -$7.100M -$10.10M -$9.500M
Free Cash Flow $68.60M $52.80M $62.20M
YoY Change 26.1% -15.11% 65.43%

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us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
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42000 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Other Comprehensive Income Loss
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CY2015Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Other Comprehensive Income Loss
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8000 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Other Comprehensive Income Loss
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss
256000 USD
CY2014Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements
600000 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements
1150000 USD
CY2015Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements
550000 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements
1900000 USD
CY2013Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
21990000 USD
CY2014Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
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CY2014Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
21081000 USD
CY2014Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
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CY2015Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
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CY2014Q4 us-gaap Finite Lived Intangible Assets Net
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CY2015Q3 us-gaap Finite Lived Intangible Assets Net
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us-gaap Foreign Currency Transaction Gain Loss Before Tax
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0 USD
CY2015Q3 us-gaap Foreign Currency Transaction Gain Loss Before Tax
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0 USD
us-gaap Foreign Currency Transaction Gain Loss Before Tax
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CY2014Q3 us-gaap General And Administrative Expense
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us-gaap General And Administrative Expense
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us-gaap General And Administrative Expense
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us-gaap Goodwill Acquired During Period
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us-gaap Goodwill Translation Adjustments
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CY2014Q3 us-gaap Gross Profit
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us-gaap Gross Profit
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CY2015Q3 us-gaap Gross Profit
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us-gaap Gross Profit
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us-gaap Impairment Of Intangible Assets Finitelived
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us-gaap Impairment Of Intangible Assets Finitelived
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CY2014Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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CY2015Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
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us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
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CY2014Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
20828000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
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CY2015Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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CY2014Q3 us-gaap Income Tax Expense Benefit
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us-gaap Income Tax Expense Benefit
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CY2015Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2610000 USD
us-gaap Income Tax Expense Benefit
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CY2014Q4 us-gaap Income Taxes Receivable
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1027000 USD
CY2015Q3 us-gaap Income Taxes Receivable
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1027000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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24712000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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30085000 USD
us-gaap Increase Decrease In Accounts Receivable
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11575000 USD
us-gaap Increase Decrease In Accounts Receivable
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13279000 USD
us-gaap Increase Decrease In Deferred Revenue
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us-gaap Increase Decrease In Deposits
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us-gaap Increase Decrease In Deposits
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411000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
2306000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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CY2014Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
333000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
442000 shares
CY2015Q3 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
0 shares
CY2014Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
241622000 USD
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IntangibleAssetsNetExcludingGoodwill
250813000 USD
CY2014Q3 us-gaap Interest Expense
InterestExpense
2698000 USD
us-gaap Interest Expense
InterestExpense
8066000 USD
CY2015Q3 us-gaap Interest Expense
InterestExpense
2363000 USD
us-gaap Interest Expense
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7060000 USD
CY2014Q3 us-gaap Interest Expense Debt
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2698000 USD
us-gaap Interest Expense Debt
InterestExpenseDebt
8066000 USD
CY2014Q3 us-gaap Interest Paid
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1720000 USD
CY2015Q3 us-gaap Interest Expense Debt
InterestExpenseDebt
2363000 USD
us-gaap Interest Paid
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5436000 USD
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1530000 USD
us-gaap Interest Paid
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4571000 USD
CY2014Q3 us-gaap Investment Income Interest
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46000 USD
CY2014Q4 us-gaap Liabilities
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570136000 USD
CY2015Q3 us-gaap Liabilities
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CY2014Q4 us-gaap Liabilities And Stockholders Equity
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CY2015Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2090736000 USD
CY2014Q4 us-gaap Liabilities Current
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us-gaap Investment Income Interest
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245000 USD
CY2015Q3 us-gaap Investment Income Interest
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42000 USD
us-gaap Net Cash Provided By Used In Financing Activities
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us-gaap Net Cash Provided By Used In Financing Activities
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us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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us-gaap Net Cash Provided By Used In Investing Activities
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CY2015Q3 us-gaap Liabilities Current
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162918000 USD
CY2014Q2 us-gaap Line Of Credit
LineOfCredit
150000000 USD
CY2014Q2 us-gaap Line Of Credit Facility Collateral
LineOfCreditFacilityCollateral
The obligations under the 2014 Credit Agreement are guaranteed by all material subsidiaries of the Company and are secured by a lien on substantially all of the assets of the Company and those of its material subsidiaries, in each case subject to certain exceptions, pursuant to security and guarantee documents entered into on the Closing Date.
CY2014Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
20000000 USD
CY2015Q3 us-gaap Long Term Debt Current
LongTermDebtCurrent
20000000 USD
CY2014Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
365000000 USD
CY2015Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
350000000 USD
CY2014Q4 us-gaap Long Term Investments
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17151000 USD
CY2015Q3 us-gaap Long Term Investments
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15507000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
96036000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
69716000 USD
CY2014Q3 us-gaap Net Income Loss
NetIncomeLoss
12957000 USD
us-gaap Net Income Loss
NetIncomeLoss
30946000 USD
CY2015Q3 us-gaap Net Income Loss
NetIncomeLoss
-5362000 USD
us-gaap Net Income Loss
NetIncomeLoss
-26455000 USD
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
2 operating_segments
CY2014Q3 us-gaap Operating Expenses
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88644000 USD
us-gaap Operating Expenses
OperatingExpenses
248254000 USD
CY2015Q3 us-gaap Operating Expenses
OperatingExpenses
135781000 USD
us-gaap Operating Expenses
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399064000 USD
CY2014Q3 us-gaap Operating Income Loss
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23480000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
57530000 USD
CY2015Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-431000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
-24067000 USD
CY2014Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-1413000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-452000 USD
CY2015Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-965000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
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CY2014Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-1371000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
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CY2015Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
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us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-463000 USD
CY2014Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
0 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
0 USD
CY2015Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
0 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
0 USD
CY2014Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
42000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
241000 USD
CY2015Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
8000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
256000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
550000000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
0 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-1344000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
0 USD
us-gaap Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
1150000 USD
CY2014Q2 us-gaap Payments For Underwriting Expense
PaymentsForUnderwritingExpense
22100000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
9969000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
0 USD
CY2014Q2 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
500000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
49998000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
15816000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
584218000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
177476000 USD
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
20865000 USD
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
27953000 USD
CY2014Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
9736000 USD
CY2015Q3 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
10350000 USD
CY2014Q2 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
529360000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
529360000 USD
CY2014Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
73753000 USD
CY2015Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
87627000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
3798000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
5490000 USD
CY2014Q2 us-gaap Repayments Of Debt
RepaymentsOfDebt
148800000 USD
CY2014Q2 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
150000000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
313125000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
15000000 USD
CY2014Q3 us-gaap Research And Development Expense Software Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseSoftwareExcludingAcquiredInProcessCost
14227000 USD
us-gaap Research And Development Expense Software Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseSoftwareExcludingAcquiredInProcessCost
41721000 USD
CY2015Q3 us-gaap Research And Development Expense Software Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseSoftwareExcludingAcquiredInProcessCost
17048000 USD
us-gaap Research And Development Expense Software Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseSoftwareExcludingAcquiredInProcessCost
49040000 USD
CY2014Q3 us-gaap Revenues
Revenues
153056000 USD
us-gaap Revenues
Revenues
419840000 USD
CY2015Q3 us-gaap Revenues
Revenues
189078000 USD
us-gaap Revenues
Revenues
518755000 USD
CY2014Q3 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
40668000 USD
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
109302000 USD
CY2015Q3 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
80506000 USD
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
242418000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
20906000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
25169000 USD
CY2014Q2 us-gaap Shares Issued Price Per Share
SharesIssuedPricePerShare
160.00
CY2014Q2 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
3450000 shares
CY2014Q3 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
20366 shares
CY2015Q3 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
0 shares
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
41068 shares
CY2014Q4 us-gaap Stockholders Equity
StockholdersEquity
1513546000 USD
CY2015Q3 us-gaap Stockholders Equity
StockholdersEquity
1509958000 USD
CY2014Q4 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
13199000 USD
CY2015Q3 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
10713000 USD
CY2014Q2 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
10000000 USD
CY2014Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
32075000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
30134000 shares
CY2015Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
31980000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
31934000 shares
CY2014Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
31742000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
29692000 shares
CY2015Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
31980000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
31934000 shares
us-gaap Nature Of Operations
NatureOfOperations
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">ORGANIZATION</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">CoStar Group, Inc. (the &#8220;Company&#8221; or &#8220;CoStar&#8221;) provides information, analytics and online marketplace services to the commercial real estate and related business community through its comprehensive, proprietary database of commercial real estate information covering the United States (&#8220;U.S.&#8221;), the United Kingdom (&#8220;U.K.&#8221;), parts of Canada, Madrid, Spain and parts of France. The Company provides online marketplaces for commercial real estate, apartment rentals, lands for sale and businesses for sale. The Company operates within </font><font style="font-family:inherit;font-size:10pt;">two</font><font style="font-family:inherit;font-size:10pt;"> operating segments, North America and International, and its services are typically distributed to its clients under subscription-based license agreements that renew automatically, a majority of which have a term of </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">one year</font><font style="font-family:inherit;font-size:10pt;">.</font></div></div>
us-gaap Use Of Estimates
UseOfEstimates
<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;">Use of Estimates</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. On an ongoing basis, the Company evaluates its estimates and assumptions, including those related to revenue recognition, allowance for doubtful accounts, useful lives of property and equipment and intangible assets, recoverability of long-lived assets and intangible assets with definite lives, goodwill, income taxes, fair value of equity instruments, fair value of auction rate securities, accounting for business combinations, contingencies, among others. The Company bases these estimates on historical and anticipated results, trends, and various other assumptions that it believes are reasonable, including assumptions as to future events. These estimates form the basis for making judgments about the carrying values of assets and liabilities and recorded revenue and expenses. Actual results could differ from these estimates.</font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></div>

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