2019 Q1 Form 10-Q Financial Statement

#000102373119000008 Filed on January 30, 2019

View on sec.gov

Income Statement

Concept 2019 Q1 2018 Q4 2017 Q4
Revenue $93.77M $89.91M $75.58M
YoY Change 18.18% 18.97% 18.69%
Cost Of Revenue $65.00M $22.40M $17.00M
YoY Change 228.28% 31.76% 14.86%
Gross Profit $59.17M $56.96M $50.00M
YoY Change 19.1% 13.93% 2.24%
Gross Profit Margin 63.11% 63.35% 66.15%
Selling, General & Admin $69.89M $64.31M $49.87M
YoY Change 31.9% 28.96% 37.04%
% of Gross Profit 118.11% 112.91% 99.75%
Research & Development $18.06M $16.89M $8.903M
YoY Change 73.24% 89.67% 19.31%
% of Gross Profit 30.53% 29.64% 17.81%
Depreciation & Amortization $7.210M $6.620M $3.960M
YoY Change 63.86% 67.17% 58.4%
% of Gross Profit 12.18% 11.62% 7.92%
Operating Expenses $87.95M $114.2M $93.82M
YoY Change 38.7% 21.67% 113.94%
Operating Profit -$27.43M -$24.24M -$18.25M
YoY Change 99.75% 32.83% 971.46%
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net -$500.0K $579.0K $569.0K
YoY Change -183.33% 1.76% 42.25%
Pretax Income -$27.90M -$23.66M -$17.68M
YoY Change 112.98% 33.83% 1259.85%
Income Tax $200.0K $112.0K $70.84M
% Of Pretax Income
Net Earnings -$28.13M -$23.77M -$88.52M
YoY Change 112.12% -73.15% 6709.23%
Net Earnings / Revenue -30.0% -26.44% -117.13%
Basic Earnings Per Share
Diluted Earnings Per Share -$293.0K -$249.5K -$962.0K
COMMON SHARES
Basic Shares Outstanding 95.65M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2019 Q1 2018 Q4 2017 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $346.5M $114.8M $161.0M
YoY Change 127.51% -28.7% -6.77%
Cash & Equivalents $276.6M $28.33M $31.77M
Short-Term Investments $69.90M $86.50M $129.2M
Other Short-Term Assets $15.13M $13.17M $10.20M
YoY Change 50.67% 29.08% 64.52%
Inventory
Prepaid Expenses $7.891M
Receivables $20.18M $19.07M $17.90M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $397.4M $161.5M $189.2M
YoY Change 122.51% -14.64% -1.71%
LONG-TERM ASSETS
Property, Plant & Equipment $52.84M $47.74M $32.60M
YoY Change 47.86% 46.45% 114.47%
Goodwill $39.69M $39.44M
YoY Change -0.9%
Intangibles $11.68M $13.27M
YoY Change -2.32%
Long-Term Investments
YoY Change
Other Assets $2.965M $3.065M $1.000M
YoY Change 7.16% 206.5% -98.19%
Total Long-Term Assets $149.0M $142.5M $85.70M
YoY Change 51.07% 66.3% -34.73%
TOTAL ASSETS
Total Short-Term Assets $397.4M $161.5M $189.2M
Total Long-Term Assets $149.0M $142.5M $85.70M
Total Assets $546.4M $304.0M $274.9M
YoY Change 97.09% 10.6% -15.1%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $32.28M $28.32M $21.80M
YoY Change 35.07% 29.9% 74.4%
Accrued Expenses $25.20M $24.90M $23.60M
YoY Change 7.69% 5.51% 25.53%
Deferred Revenue $3.336M $3.523M
YoY Change 30.36%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $74.71M $71.24M $53.40M
YoY Change 32.78% 33.4% 38.7%
LONG-TERM LIABILITIES
Long-Term Debt $216.0M $0.00 $0.00
YoY Change
Other Long-Term Liabilities $6.228M $5.063M $1.200M
YoY Change 189.27% 321.92% -61.29%
Total Long-Term Liabilities $222.3M $5.063M $1.200M
YoY Change 10223.41% 321.92% -61.29%
TOTAL LIABILITIES
Total Short-Term Liabilities $74.71M $71.24M $53.40M
Total Long-Term Liabilities $222.3M $5.063M $1.200M
Total Liabilities $297.0M $76.30M $54.50M
YoY Change 408.2% 40.0% 31.01%
SHAREHOLDERS EQUITY
Retained Earnings -$250.3M -$222.2M
YoY Change 24.24%
Common Stock $96.00K $96.00K
YoY Change 3.23%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $249.4M $227.7M $220.4M
YoY Change
Total Liabilities & Shareholders Equity $546.4M $304.0M $274.9M
YoY Change 97.09% 10.6% -15.1%

Cashflow Statement

Concept 2019 Q1 2018 Q4 2017 Q4
OPERATING ACTIVITIES
Net Income -$28.13M -$23.77M -$88.52M
YoY Change 112.12% -73.15% 6709.23%
Depreciation, Depletion And Amortization $7.210M $6.620M $3.960M
YoY Change 63.86% 67.17% 58.4%
Cash From Operating Activities -$8.200M -$2.120M $8.210M
YoY Change -408.27% -125.82% -6.7%
INVESTING ACTIVITIES
Capital Expenditures -$10.73M -$9.730M -$5.990M
YoY Change 66.36% 62.44% 115.47%
Acquisitions
YoY Change
Other Investing Activities $16.94M $14.65M $3.060M
YoY Change 101.91% 378.76% -272.88%
Cash From Investing Activities $6.210M $4.930M -$2.920M
YoY Change 220.1% -268.84% -35.82%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 250.3M 960.0K -8.020M
YoY Change 7260.88% -111.97% 278.3%
NET CHANGE
Cash From Operating Activities -8.200M -2.120M 8.210M
Cash From Investing Activities 6.210M 4.930M -2.920M
Cash From Financing Activities 250.3M 960.0K -8.020M
Net Change In Cash 248.3M 3.770M -2.730M
YoY Change 3003.5% -238.1% -228.17%
FREE CASH FLOW
Cash From Operating Activities -$8.200M -$2.120M $8.210M
Capital Expenditures -$10.73M -$9.730M -$5.990M
Free Cash Flow $2.530M $7.610M $14.20M
YoY Change -72.23% -46.41% 22.63%

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150 country
CY2018Q3 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
CY2018Q3 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
CY2018Q4 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 segment
CY2017Q4 us-gaap Operating Expenses
OperatingExpenses
93822000 USD
us-gaap Operating Expenses
OperatingExpenses
245322000 USD
CY2018Q4 us-gaap Operating Expenses
OperatingExpenses
114150000 USD
us-gaap Operating Expenses
OperatingExpenses
321027000 USD
CY2017Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
-18247000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
-28166000 USD
CY2018Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
-24238000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
-62208000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
88920000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
13000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-19839000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-1030000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-9209000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
4664000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
19378000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-6673000 USD
CY2017Q4 us-gaap Net Income Loss
NetIncomeLoss
-88520000 USD
us-gaap Net Income Loss
NetIncomeLoss
-91235000 USD
CY2018Q4 us-gaap Net Income Loss
NetIncomeLoss
-23771000 USD
us-gaap Net Income Loss
NetIncomeLoss
-60608000 USD
CY2017Q4 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
569000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
3084000 USD
CY2018Q4 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
579000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
8782000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
8889000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
6872000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
54600000 USD
CY2017Q4 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
1400000 USD
us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
4100000 USD
CY2018Q4 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
2600000 USD
us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
7900000 USD
CY2018Q1 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
6026000 USD
CY2018Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
5598000 USD
CY2018Q1 us-gaap Other Assets Current
OtherAssetsCurrent
10040000 USD
CY2018Q4 us-gaap Other Assets Current
OtherAssetsCurrent
13166000 USD
CY2018Q2 us-gaap Other Assets Current
OtherAssetsCurrent
11765000 USD
CY2018Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
2767000 USD
CY2018Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
3065000 USD
CY2017Q4 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
198000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
2884000 shares
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-2600000 USD
CY2017Q4 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
-213000 USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
3180000 USD
CY2018Q4 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-549000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
4993000 shares
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
5625000 USD
us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
75921000 USD
us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
52353000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
6524000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
5778000 USD
us-gaap Proceeds From Collection Of Other Receivables
ProceedsFromCollectionOfOtherReceivables
1393000 USD
us-gaap Proceeds From Collection Of Other Receivables
ProceedsFromCollectionOfOtherReceivables
0 USD
us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
23382000 USD
us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
41780000 USD
us-gaap Proceeds From Sale Maturity And Collection Of Shortterm Investments
ProceedsFromSaleMaturityAndCollectionOfShorttermInvestments
57150000 USD
us-gaap Proceeds From Sale Maturity And Collection Of Shortterm Investments
ProceedsFromSaleMaturityAndCollectionOfShorttermInvestments
44850000 USD
us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
3303000 USD
CY2018Q4 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
-101000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
160000 USD
CY2018Q1 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
2172000 USD
CY2018Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
5063000 USD
us-gaap Other Noncash Expense
OtherNoncashExpense
226000 USD
us-gaap Other Noncash Expense
OtherNoncashExpense
873000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
0 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-3601000 USD
us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
150000 USD
us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
0 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
22137000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
7631000 USD
us-gaap Payments For Software
PaymentsForSoftware
8689000 USD
us-gaap Payments For Software
PaymentsForSoftware
18210000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 USD
CY2018Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
35732000 USD
CY2018Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
47744000 USD
us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
855000 USD
us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
771000 USD
CY2017Q4 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
8527000 USD
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
24781000 USD
CY2018Q4 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
16876000 USD
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
43919000 USD
CY2018Q1 us-gaap Restricted Cash
RestrictedCash
8100000 USD
CY2018Q4 us-gaap Restricted Cash
RestrictedCash
8100000 USD
CY2018Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-201464000 USD
CY2018Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-222170000 USD
CY2018Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-161563000 USD
CY2017Q4 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
75575000 USD
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
217156000 USD
CY2018Q4 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
89912000 USD
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
258819000 USD
CY2018Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
160000000 USD
CY2017Q4 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
48830000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
13.89
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
20.05
CY2017Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
4950000 shares
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
5772000 shares
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
131103000 USD
CY2018Q4 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
60717000 USD
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
169952000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
21138000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
31574000 USD
CY2018Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
5939000 shares
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
8109000 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Outstanding Weighted Average Remaining Contractual Terms
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageRemainingContractualTerms
P2Y8M2D
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Outstanding Weighted Average Remaining Contractual Terms
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageRemainingContractualTerms
P2Y5M12D
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
1615000 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
2123000 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
4312000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
9148000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
176000 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
192000 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
427000 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
222000 shares
CY2017Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
4462000 shares
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
4292000 shares
CY2018Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
3998000 shares
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
3387000 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
5.30
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
8.27
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P2Y1M20D
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P2Y6M10D
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
421000 shares
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
641000 shares
CY2018Q1 us-gaap Stockholders Equity
StockholdersEquity
218774000 USD
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
227728000 USD
CY2017Q4 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
92029000 shares
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
91709000 shares
CY2018Q4 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
95370000 shares
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
94093000 shares
us-gaap Fiscal Period
FiscalPeriod
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:10px;padding-top:10px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company's fiscal year ends on March 31 of each calendar year. Each reference to a fiscal year in these notes to the consolidated financial statements refers to the fiscal year ended March 31 of the calendar year indicated (for example, fiscal 2019 refers to the fiscal year ending March 31, 2019).</font></div></div>
us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:10px;padding-top:10px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">USE OF ESTIMATES</font></div><div style="line-height:120%;padding-bottom:10px;padding-top:10px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of the consolidated financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities and equity and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. On an ongoing basis, the Company evaluates its estimates, including, but not limited to, those related to bad debts, returns reserve for expected cancellations, income and sales tax liabilities, stock-based compensation, and litigation and other contingencies. The Company bases its estimates on historical experience and on various other assumptions. Actual results could differ from those estimates under different assumptions or conditions.</font></div></div>

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