2017 Q4 Form 10-K Financial Statement

#000146762319000005 Filed on February 25, 2019

View on sec.gov

Income Statement

Concept 2017 Q4 2017 2016 Q4
Revenue $305.5M $1.107B $238.0M
YoY Change 28.36% 31.01%
Cost Of Revenue $91.70M $368.9M $89.30M
YoY Change 2.69% -5.56%
Gross Profit $213.8M $737.9M $148.7M
YoY Change 43.78% 62.46%
Gross Profit Margin 69.98% 66.67% 62.48%
Selling, General & Admin $147.1M $471.3M $94.80M
YoY Change 55.17% 31.65%
% of Gross Profit 68.8% 63.87% 63.75%
Research & Development $104.0M $380.3M $74.10M
YoY Change 40.35% 31.27%
% of Gross Profit 48.64% 51.54% 49.83%
Depreciation & Amortization $42.90M $170.7M $47.90M
YoY Change -10.44% -1.78%
% of Gross Profit 20.07% 23.13% 32.21%
Operating Expenses $251.1M $851.6M $168.9M
YoY Change 48.67% 31.48%
Operating Profit -$37.30M -$113.7M -$20.20M
YoY Change 84.65% -41.24%
Interest Expense -$1.600M -$11.00M -$3.700M
YoY Change -56.76% -32.93%
% of Operating Profit
Other Income/Expense, Net $200.0K $13.20M -$3.400M
YoY Change -105.88% 169.39%
Pretax Income -$38.70M -$111.5M -$27.30M
YoY Change 41.76% -45.61%
Income Tax -$64.10M $200.0K $1.800M
% Of Pretax Income
Net Earnings -$37.70M -$111.7M -$29.10M
YoY Change 29.55% -46.86%
Net Earnings / Revenue -12.34% -10.09% -12.23%
Basic Earnings Per Share
Diluted Earnings Per Share -$96.20K -$285.0K -$74.25K
COMMON SHARES
Basic Shares Outstanding
Diluted Shares Outstanding

Balance Sheet

Concept 2017 Q4 2017 2016 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $430.0M $430.0M
YoY Change 21.92%
Cash & Equivalents $430.0M $367.1M $352.7M
Short-Term Investments $0.00
Other Short-Term Assets $53.60M $53.60M
YoY Change 20.45%
Inventory
Prepaid Expenses
Receivables $29.30M $28.70M
Other Receivables $5.800M $5.800M
Total Short-Term Assets $518.1M $518.1M
YoY Change 25.33%
LONG-TERM ASSETS
Property, Plant & Equipment $341.9M $341.9M
YoY Change -23.0%
Goodwill $98.90M $96.00M
YoY Change 3.02%
Intangibles $17.00M
YoY Change
Long-Term Investments
YoY Change
Other Assets $44.00M $44.00M
YoY Change 65.41%
Total Long-Term Assets $501.8M $501.8M
YoY Change -15.06%
TOTAL ASSETS
Total Short-Term Assets $518.1M $518.1M
Total Long-Term Assets $501.8M $501.8M
Total Assets $1.020B $1.020B
YoY Change 1.56%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $31.90M $31.90M
YoY Change 105.81%
Accrued Expenses $161.2M $161.2M
YoY Change 40.66%
Deferred Revenue $417.9M
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $102.7M $102.7M
YoY Change -19.51%
Total Short-Term Liabilities $738.4M $738.4M
YoY Change 16.23%
LONG-TERM LIABILITIES
Long-Term Debt $71.60M $71.60M
YoY Change -44.75%
Other Long-Term Liabilities $37.20M $107.0M
YoY Change -8.15%
Total Long-Term Liabilities $37.20M $178.6M
YoY Change -27.43%
TOTAL LIABILITIES
Total Short-Term Liabilities $738.4M $738.4M
Total Long-Term Liabilities $37.20M $178.6M
Total Liabilities $917.0M $917.0M
YoY Change 4.04%
SHAREHOLDERS EQUITY
Retained Earnings -$1.050B
YoY Change
Common Stock $0.00
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $102.9M $102.9M $122.8M
YoY Change
Total Liabilities & Shareholders Equity $1.020B $1.020B
YoY Change 1.56%

Cashflow Statement

Concept 2017 Q4 2017 2016 Q4
OPERATING ACTIVITIES
Net Income -$37.70M -$111.7M -$29.10M
YoY Change 29.55% -46.86%
Depreciation, Depletion And Amortization $42.90M $170.7M $47.90M
YoY Change -10.44% -1.78%
Cash From Operating Activities $71.10M $330.3M $65.90M
YoY Change 7.89% 30.76%
INVESTING ACTIVITIES
Capital Expenditures -$13.30M $25.30M -$3.600M
YoY Change 269.44% -78.04%
Acquisitions $0.00
YoY Change
Other Investing Activities $300.0K -$2.200M $300.0K
YoY Change 0.0% -61.4%
Cash From Investing Activities -$13.00M -$23.90M -$3.300M
YoY Change 293.94% -79.75%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $500.0K
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -50.60M -$231.7M -36.30M
YoY Change 39.39% 72.27%
NET CHANGE
Cash From Operating Activities 71.10M $330.3M 65.90M
Cash From Investing Activities -13.00M -$23.90M -3.300M
Cash From Financing Activities -50.60M -$231.7M -36.30M
Net Change In Cash 7.500M $77.30M 26.30M
YoY Change -71.48% 77200.0%
FREE CASH FLOW
Cash From Operating Activities $71.10M $330.3M $65.90M
Capital Expenditures -$13.30M $25.30M -$3.600M
Free Cash Flow $84.40M $305.0M $69.50M
YoY Change 21.44% 121.98%

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CY2018Q4 us-gaap Credit And Debit Card Receivables At Carrying Value
CreditAndDebitCardReceivablesAtCarryingValue
11900000 USD
CY2016 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
1500000 USD
CY2017 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
-100000 USD
CY2018 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
100000 USD
CY2016 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
2900000 USD
CY2017 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
2300000 USD
CY2018 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
4600000 USD
CY2016 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
600000 USD
CY2017 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
300000 USD
CY2018 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
200000 USD
CY2018Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
0 USD
CY2018Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
0 USD
CY2018Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
337300000 USD
CY2018Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
-600000 USD
CY2018Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
337300000 USD
CY2018Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
-600000 USD
CY2018Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position Number Of Positions
DebtSecuritiesAvailableForSaleUnrealizedLossPositionNumberOfPositions
202 investment
CY2016 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
0 USD
CY2017 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-1400000 USD
CY2018 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
0 USD
CY2016 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
200000 USD
CY2017 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-900000 USD
CY2018 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-100000 USD
CY2017Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
7000000 USD
CY2018Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
0 USD
CY2017Q4 us-gaap Deferred Offering Costs
DeferredOfferingCosts
4100000 USD
CY2018Q4 us-gaap Deferred Offering Costs
DeferredOfferingCosts
0 USD
CY2017Q4 us-gaap Deferred Rent Credit Noncurrent
DeferredRentCreditNoncurrent
69800000 USD
CY2018Q4 us-gaap Deferred Rent Credit Noncurrent
DeferredRentCreditNoncurrent
81000000 USD
CY2016 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
0 USD
CY2017 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
0 USD
CY2018 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
0 USD
CY2017Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
241500000 USD
CY2018Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
477000000 USD
CY2017Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
800000 USD
CY2018Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
1000000 USD
CY2017Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
7800000 USD
CY2018Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
1000000 USD
CY2017Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
119600000 USD
CY2018Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
264800000 USD
CY2017Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
0 USD
CY2018Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
1100000 USD
CY2017Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Research
DeferredTaxAssetsTaxCreditCarryforwardsResearch
67900000 USD
CY2018Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Research
DeferredTaxAssetsTaxCreditCarryforwardsResearch
157300000 USD
CY2017Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
20000000 USD
CY2018Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
11100000 USD
CY2017Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccruals
34000000 USD
CY2018Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccruals
42000000 USD
CY2017Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
233700000 USD
CY2018Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
476000000 USD
CY2017Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
400000 USD
CY2018Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
0 USD
CY2016 us-gaap Depreciation
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173800000 USD
CY2017 us-gaap Depreciation
Depreciation
170700000 USD
CY2018 us-gaap Depreciation
Depreciation
158600000 USD
CY2016 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-1.11
CY2017 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.57
CY2018 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-1.35
CY2016 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-4300000 USD
CY2017 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
2600000 USD
CY2018 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-3100000 USD
CY2016 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.34
CY2017 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.34
CY2018 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2017Q4 us-gaap Employee Related Liabilities Current
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56100000 USD
CY2018Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
80900000 USD
CY2017Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
27400000 USD
CY2017Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
83400000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
85700000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
3100000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
4700000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
800000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
800000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
1500000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
3800000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
14700000 USD
CY2016 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-3600000 USD
CY2017 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
5000000 USD
CY2018 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-1900000 USD
CY2016 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
107400000 USD
CY2017 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
157300000 USD
CY2018 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
283200000 USD
CY2016Q4 us-gaap Goodwill
Goodwill
96000000 USD
CY2017Q4 us-gaap Goodwill
Goodwill
98900000 USD
CY2018Q4 us-gaap Goodwill
Goodwill
96500000 USD
CY2017 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
2900000 USD
CY2018Q4 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-2400000 USD
CY2017 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2018 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2016 us-gaap Gross Profit
GrossProfit
454200000 USD
CY2017 us-gaap Gross Profit
GrossProfit
737900000 USD
CY2018 us-gaap Gross Profit
GrossProfit
997000000 USD
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-94400000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-76900000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-497100000 USD
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-205000000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-111500000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-480100000 USD
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
-110600000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
-34600000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
17000000 USD
CY2018Q4 us-gaap Income Tax Examination Penalties And Interest Accrued
IncomeTaxExaminationPenaltiesAndInterestAccrued
1300000 USD
CY2016 us-gaap Income Tax Examination Penalties And Interest Expense
IncomeTaxExaminationPenaltiesAndInterestExpense
400000 USD
CY2017 us-gaap Income Tax Examination Penalties And Interest Expense
IncomeTaxExaminationPenaltiesAndInterestExpense
200000 USD
CY2018 us-gaap Income Tax Examination Penalties And Interest Expense
IncomeTaxExaminationPenaltiesAndInterestExpense
700000 USD
CY2016 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
5200000 USD
CY2017 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
200000 USD
CY2018 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4800000 USD
CY2016 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
40700000 USD
CY2017 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
-38900000 USD
CY2018 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
240700000 USD
CY2016 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
0 USD
CY2017 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
61700000 USD
CY2018 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
0 USD
CY2016 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
38800000 USD
CY2017 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
12300000 USD
CY2018 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-1800000 USD
CY2016 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-69700000 USD
CY2017 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-37900000 USD
CY2018 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-100800000 USD
CY2016 us-gaap Income Tax Reconciliation Nondeductible Expense Other
IncomeTaxReconciliationNondeductibleExpenseOther
1900000 USD
CY2017 us-gaap Income Tax Reconciliation Nondeductible Expense Other
IncomeTaxReconciliationNondeductibleExpenseOther
1000000 USD
CY2018 us-gaap Income Tax Reconciliation Nondeductible Expense Other
IncomeTaxReconciliationNondeductibleExpenseOther
2800000 USD
CY2016 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
4800000 USD
CY2017 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
20100000 USD
CY2018 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
-57300000 USD
CY2016 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-2200000 USD
CY2017 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-1700000 USD
CY2018 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-10700000 USD
CY2016 us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
12600000 USD
CY2017 us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
25400000 USD
CY2018 us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
86500000 USD
CY2016 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
1500000 USD
CY2017 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
3400000 USD
CY2018 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
1400000 USD
CY2016 us-gaap Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
-1000000 USD
CY2017 us-gaap Increase Decrease In Accounts And Other Receivables
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14400000 USD
CY2017 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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CY2018 us-gaap Net Cash Provided By Used In Financing Activities
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300800000 USD
CY2018 us-gaap Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
-100000 USD
CY2016 us-gaap Increase Decrease In Accounts Payable
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5500000 USD
CY2017 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
16200000 USD
CY2018 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-1700000 USD
CY2016 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
87600000 USD
CY2017 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
64300000 USD
CY2018 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
66400000 USD
CY2016 us-gaap Increase Decrease In Employee Related Liabilities
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35600000 USD
CY2017 us-gaap Increase Decrease In Employee Related Liabilities
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14400000 USD
CY2018 us-gaap Increase Decrease In Employee Related Liabilities
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25000000 USD
CY2016 us-gaap Increase Decrease In Other Noncurrent Liabilities
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9300000 USD
CY2017 us-gaap Increase Decrease In Other Noncurrent Liabilities
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-4400000 USD
CY2018 us-gaap Increase Decrease In Other Noncurrent Liabilities
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12200000 USD
CY2016 us-gaap Increase Decrease In Other Operating Assets
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7800000 USD
CY2017 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
10600000 USD
CY2018 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
11200000 USD
CY2016 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
0 USD
CY2017 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
18200000 USD
CY2018 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
47900000 USD
CY2017Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
100400000 USD
CY2018Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
100400000 USD
CY2017Q4 us-gaap Intangible Assets Net Excluding Goodwill
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17000000 USD
CY2018Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
14700000 USD
CY2016 us-gaap Interest Income Expense Nonoperating Net
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-16400000 USD
CY2017 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-11000000 USD
CY2018 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
7100000 USD
CY2016 us-gaap Interest Paid Net
InterestPaidNet
14900000 USD
CY2017 us-gaap Interest Paid Net
InterestPaidNet
10800000 USD
CY2018 us-gaap Interest Paid Net
InterestPaidNet
8300000 USD
CY2016 us-gaap Investment Income Net
InvestmentIncomeNet
900000 USD
CY2017 us-gaap Investment Income Net
InvestmentIncomeNet
3000000 USD
CY2018 us-gaap Investment Income Net
InvestmentIncomeNet
16800000 USD
CY2016 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
67900000 USD
CY2017 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
71000000 USD
CY2018 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
85900000 USD
CY2017Q4 us-gaap Liabilities
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917000000 USD
CY2018Q4 us-gaap Liabilities
Liabilities
1017300000 USD
CY2017Q4 us-gaap Liabilities And Stockholders Equity
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1019900000 USD
CY2018Q4 us-gaap Liabilities And Stockholders Equity
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1694100000 USD
CY2017Q4 us-gaap Liabilities Current
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738400000 USD
CY2018Q4 us-gaap Liabilities Current
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837500000 USD
CY2016 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
46600000 USD
CY2017 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
80100000 USD
CY2018 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
100900000 USD
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62100000 USD
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-118000000 USD
CY2017 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-23900000 USD
CY2018 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-633800000 USD
CY2016 us-gaap Net Cash Provided By Used In Operating Activities
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252600000 USD
CY2017 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
330300000 USD
CY2018 us-gaap Net Cash Provided By Used In Operating Activities
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425400000 USD
CY2016 us-gaap Net Income Loss
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-210200000 USD
CY2017 us-gaap Net Income Loss
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-111700000 USD
CY2018 us-gaap Net Income Loss
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-484900000 USD
CY2016 us-gaap Noncash Contribution Expense
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0 USD
CY2017 us-gaap Noncash Contribution Expense
NoncashContributionExpense
9400000 USD
CY2018 us-gaap Noncash Contribution Expense
NoncashContributionExpense
0 USD
CY2017Q4 us-gaap Nontrade Receivables Current
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5200000 USD
CY2018Q4 us-gaap Nontrade Receivables Current
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46200000 USD
CY2016 us-gaap Operating Expenses
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647700000 USD
CY2017 us-gaap Operating Expenses
OperatingExpenses
851600000 USD
CY2018 us-gaap Operating Expenses
OperatingExpenses
1491000000 USD
CY2016 us-gaap Operating Income Loss
OperatingIncomeLoss
-193500000 USD
CY2017 us-gaap Operating Income Loss
OperatingIncomeLoss
-113700000 USD
CY2018 us-gaap Operating Income Loss
OperatingIncomeLoss
-494000000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
1122200000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
96400000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due Future Minimum Sublease Rentals
OperatingLeasesFutureMinimumPaymentsDueFutureMinimumSubleaseRentals
43500000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
76100000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
92900000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
99000000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
106200000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
651600000 USD
CY2017Q4 us-gaap Other Assets Noncurrent
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44000000 USD
CY2018Q4 us-gaap Other Commitment
OtherCommitment
96700000 USD
CY2018Q4 us-gaap Other Commitment Due After Fifth Year
OtherCommitmentDueAfterFifthYear
0 USD
CY2018Q4 us-gaap Other Commitment Due In Fifth Year
OtherCommitmentDueInFifthYear
300000 USD
CY2018Q4 us-gaap Other Commitment Due In Fourth Year
OtherCommitmentDueInFourthYear
0 USD
CY2018Q4 us-gaap Other Commitment Due In Next Twelve Months
OtherCommitmentDueInNextTwelveMonths
57000000 USD
CY2018Q4 us-gaap Other Commitment Due In Second Year
OtherCommitmentDueInSecondYear
37200000 USD
CY2018Q4 us-gaap Other Commitment Due In Third Year
OtherCommitmentDueInThirdYear
2200000 USD
CY2016 us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
0 USD
CY2017 us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
0 USD
CY2018 us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
-500000 USD
CY2016 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-1300000 USD
CY2017 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
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5200000 USD
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1300000 shares
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14600000 shares
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12100000 shares
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9000000 shares
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57100000 shares
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1200000 USD
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59000000 USD
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8000000 shares
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300000 shares
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300000 shares
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5400000 shares
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5000000 shares
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1300000 shares
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10.68
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10.52
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14.68
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7.75
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22.04
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17.44
CY2018 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
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22.90
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0 shares
CY2018Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue
0.00
CY2015 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P8Y1M6D
CY2016 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P6Y6M
CY2017 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
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CY2018 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P5Y
CY2018 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Number Of Shares
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1300000 shares
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14.68
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100000 shares
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0.6667
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9900000 USD
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33100000 USD
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2200000 USD
CY2017 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
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0 USD
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1100000 USD
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4500000 USD
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CY2017 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
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195900000 shares
CY2018 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
358600000 shares
CY2018 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:8px;text-align:left;text-indent:32px;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, short-term investments, and accounts receivable. The Company places its cash, cash equivalents, and short-term investments with well-established financial institutions. Cash equivalents consist primarily of highly rated money market funds.</font></div><div style="line-height:120%;padding-top:16px;text-align:left;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Trade accounts receivables are typically unsecured and are derived from revenue earned from customers located around the world.</font></div></div>
CY2018 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:8px;text-align:left;text-indent:32px;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 and disclosed in the Company&#8217;s consolidated financial statements and accompanying notes. These estimates are based on information available as of the date of the consolidated financial statements. On a regular basis, management evaluates these estimates and assumptions. Actual results may differ materially from these estimates.</font></div><div style="line-height:120%;padding-top:16px;text-align:left;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company&#8217;s most significant estimates and judgments involve the measurement of the Company&#8217;s stock-based compensation, including the estimation of the underlying deemed fair value of common stock for periods prior to the Company's IPO, and the estimation of the fair value of market-based awards.</font></div></div>

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