2017 Q3 Form 10-Q Financial Statement

#000162890817000052 Filed on November 09, 2017

View on sec.gov

Income Statement

Concept 2017 Q3 2016 Q4 2016 Q3
Revenue $107.9M $88.01M $60.21M
YoY Change 79.23% 91.09% 49.01%
Cost Of Revenue $68.30M $59.90M $33.90M
YoY Change 101.47% 142.51% 36.69%
Gross Profit $39.60M $28.10M $26.30M
YoY Change 50.57% 31.92% 68.59%
Gross Profit Margin 36.7% 31.93% 43.68%
Selling, General & Admin $45.83M $57.60M $38.40M
YoY Change 19.37% 77.78% 28.71%
% of Gross Profit 115.74% 204.98% 146.0%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $2.300M $6.490M $900.0K
YoY Change 155.56% 107.35% 80.0%
% of Gross Profit 5.81% 23.1% 3.42%
Operating Expenses $121.9M $121.9M $76.05M
YoY Change 60.33% 102.31% 31.91%
Operating Profit -$14.02M -$93.78M -$15.84M
YoY Change -11.48% 140.81% -8.16%
Interest Expense $880.0K -$500.0K $0.00
YoY Change -350.0% -100.0%
% of Operating Profit
Other Income/Expense, Net $15.00K $0.00 $1.000K
YoY Change 1400.0%
Pretax Income -$14.84M -$34.30M -$16.03M
YoY Change -7.41% 145.0% -6.75%
Income Tax -$1.714M -$9.100M -$300.0K
% Of Pretax Income
Net Earnings -$12.59M -$17.41M -$11.21M
YoY Change 12.31% 322.6% -6.44%
Net Earnings / Revenue -11.67% -19.78% -18.61%
Basic Earnings Per Share -$0.18 -$0.33 -$0.26
Diluted Earnings Per Share -$0.18 -$0.33 -$0.26
COMMON SHARES
Basic Shares Outstanding 70.33M shares 43.11M shares
Diluted Shares Outstanding 70.33M shares 43.11M shares

Balance Sheet

Concept 2017 Q3 2016 Q4 2016 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $287.1M $178.9M $159.5M
YoY Change 80.0% 15.27% -24.12%
Cash & Equivalents $287.1M $134.6M $109.8M
Short-Term Investments $0.00 $44.30M $49.70M
Other Short-Term Assets $21.20M $45.40M $10.00M
YoY Change 112.0% 410.11% 81.82%
Inventory
Prepaid Expenses
Receivables $43.97M $40.64M $21.99M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $352.3M $265.0M $191.4M
YoY Change 84.05% 43.64% -22.25%
LONG-TERM ASSETS
Property, Plant & Equipment $46.93M $31.18M $21.12M
YoY Change 122.17% 143.66% 96.4%
Goodwill $628.3M $626.6M $459.7M
YoY Change 36.68% 2.9% -24.5%
Intangibles $249.5M $258.9M $162.8M
YoY Change 53.26% 58.7% -1.73%
Long-Term Investments $700.0K $2.200M $2.500M
YoY Change -72.0% -95.07% -88.64%
Other Assets $9.364M $10.04M $12.12M
YoY Change -22.73% 14678.05%
Total Long-Term Assets $946.7M $934.9M $659.9M
YoY Change 43.47% 12.49% -18.53%
TOTAL ASSETS
Total Short-Term Assets $352.3M $265.0M $191.4M
Total Long-Term Assets $946.7M $934.9M $659.9M
Total Assets $1.299B $1.200B $851.3M
YoY Change 52.6% 18.15% -19.4%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $27.29M $43.89M $14.49M
YoY Change 88.4% 162.84% 14.59%
Accrued Expenses $21.09M $29.16M $11.84M
YoY Change 78.17% 382.22% -45.4%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $105.5M $131.9M $65.33M
YoY Change 61.44% 121.73% -27.28%
LONG-TERM LIABILITIES
Long-Term Debt $121.2M $120.3M $0.00
YoY Change
Other Long-Term Liabilities $9.982M $14.66M $7.997M
YoY Change 24.82% 13102.7% 11835.82%
Total Long-Term Liabilities $9.982M $14.66M $7.997M
YoY Change 24.82% 13102.7% 11835.82%
TOTAL LIABILITIES
Total Short-Term Liabilities $105.5M $131.9M $65.33M
Total Long-Term Liabilities $9.982M $14.66M $7.997M
Total Liabilities $243.3M $287.7M $91.42M
YoY Change 166.07% 255.5% -23.9%
SHAREHOLDERS EQUITY
Retained Earnings $99.11M $146.6M $164.0M
YoY Change -39.58% -52.19% -47.23%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.020B $702.5M $562.2M
YoY Change
Total Liabilities & Shareholders Equity $1.299B $1.200B $851.3M
YoY Change 52.6% 18.15% -19.4%

Cashflow Statement

Concept 2017 Q3 2016 Q4 2016 Q3
OPERATING ACTIVITIES
Net Income -$12.59M -$17.41M -$11.21M
YoY Change 12.31% 322.6% -6.44%
Depreciation, Depletion And Amortization $2.300M $6.490M $900.0K
YoY Change 155.56% 107.35% 80.0%
Cash From Operating Activities $3.820M -$21.50M $7.910M
YoY Change -51.71% 240.73% -224.57%
INVESTING ACTIVITIES
Capital Expenditures -$8.920M -$4.410M -$3.860M
YoY Change 131.09% 68.97% 33.56%
Acquisitions
YoY Change
Other Investing Activities $23.55M -$69.42M -$500.0K
YoY Change -4810.0% 32.96% -75.37%
Cash From Investing Activities $14.63M -$73.84M -$4.350M
YoY Change -436.32% 34.7% -11.41%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 163.5M 149.3M 1.080M
YoY Change 15041.67% 2898.19% 2060.0%
NET CHANGE
Cash From Operating Activities 3.820M -21.50M 7.910M
Cash From Investing Activities 14.63M -73.84M -4.350M
Cash From Financing Activities 163.5M 149.3M 1.080M
Net Change In Cash 182.0M 53.97M 4.640M
YoY Change 3821.98% -196.12% -141.39%
FREE CASH FLOW
Cash From Operating Activities $3.820M -$21.50M $7.910M
Capital Expenditures -$8.920M -$4.410M -$3.860M
Free Cash Flow $12.74M -$17.09M $11.77M
YoY Change 8.24% 361.89% -440.17%

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0 USD
us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
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0 USD
CY2017Q3 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
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0 USD
us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
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0 USD
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us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Earnings
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings
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CY2016Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Earnings
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings
0 USD
CY2016Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Purchases
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0 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Purchases
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7750000 USD
CY2017Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Purchases
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0 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Purchases
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0 USD
CY2015Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
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0 USD
CY2016Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
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7750000 USD
CY2016Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
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7750000 USD
CY2016Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
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8300000 USD
CY2017Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
8500000 USD
CY2017Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
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8600000 USD
CY2016Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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18400000 USD
CY2017Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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33362000 USD
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277323000 USD
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282854000 USD
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258923000 USD
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249492000 USD
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CY2016Q4 us-gaap Goodwill
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CY2017Q3 us-gaap Goodwill
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628341000 USD
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178266000 USD
us-gaap Goodwill Acquired During Period
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0 USD
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160600000 USD
CY2016Q3 us-gaap Goodwill Impairment Loss
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0 USD
us-gaap Goodwill Impairment Loss
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160600000 USD
CY2016 us-gaap Goodwill Impairment Loss
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160600000 USD
CY2017Q3 us-gaap Goodwill Impairment Loss
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0 USD
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2016 us-gaap Goodwill Purchase Accounting Adjustments
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0 USD
us-gaap Goodwill Purchase Accounting Adjustments
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1772000 USD
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44341000 USD
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197000 USD
CY2016Q4 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Loss
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35000 USD
CY2016Q4 us-gaap Held To Maturity Securities Debt Maturities Within One Year Fair Value
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44503000 USD
CY2016Q4 us-gaap Held To Maturity Securities Debt Maturities Within One Year Net Carrying Amount
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44341000 USD
CY2016Q4 us-gaap Held To Maturity Securities Fair Value
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44503000 USD
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-16031000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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-203199000 USD
CY2017Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-14843000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-57986000 USD
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IncomeLossFromEquityMethodInvestments
-448000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-462000 USD
CY2017Q3 us-gaap Income Loss From Equity Method Investments
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-369000 USD
us-gaap Income Loss From Equity Method Investments
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-1446000 USD
CY2016Q3 us-gaap Income Tax Expense Benefit
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-256000 USD
CY2016Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-300000 USD
CY2017Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-1700000 USD
CY2017Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-1714000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-2000000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-2009000 USD
us-gaap Income Taxes Paid
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0 USD
us-gaap Increase Decrease In Accounts Payable
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-3692000 USD
us-gaap Increase Decrease In Accounts Payable
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10591000 USD
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1605000 USD
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5075000 USD
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6165000 USD
us-gaap Increase Decrease In Accrued Liabilities
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-11075000 USD
us-gaap Increase Decrease In Deferred Revenue
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2882000 USD
us-gaap Increase Decrease In Deferred Revenue
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4835000 USD
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-638000 USD
us-gaap Increase Decrease In Employee Related Liabilities
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117000 USD
us-gaap Increase Decrease In Other Noncurrent Liabilities
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us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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112000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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5125000 USD
us-gaap Increase Decrease In Restricted Cash
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-1194000 USD
us-gaap Increase Decrease In Restricted Cash
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2164000 USD
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258923000 USD
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249492000 USD
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169000000 USD
CY2016Q3 us-gaap Interest Expense
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0 USD
us-gaap Interest Expense
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0 USD
CY2017Q3 us-gaap Interest Expense
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880000 USD
us-gaap Interest Expense
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2781000 USD
us-gaap Interest Paid
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0 USD
us-gaap Interest Paid
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1222000 USD
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255000 USD
us-gaap Investment Income Interest
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805000 USD
CY2017Q3 us-gaap Investment Income Interest
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411000 USD
us-gaap Investment Income Interest
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813000 USD
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2159000 USD
CY2017Q3 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
712000 USD
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287725000 USD
CY2017Q3 us-gaap Liabilities
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243251000 USD
CY2016Q4 us-gaap Liabilities And Stockholders Equity
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1199839000 USD
CY2017Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1299030000 USD
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131941000 USD
CY2017Q3 us-gaap Liabilities Current
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105467000 USD
CY2015Q4 us-gaap Liabilities Subject To Compromise
LiabilitiesSubjectToCompromise
0 USD
CY2016Q4 us-gaap Liabilities Subject To Compromise
LiabilitiesSubjectToCompromise
6100000 USD
CY2017Q3 us-gaap Liabilities Subject To Compromise
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0 USD
CY2016 us-gaap Liabilities Subject To Compromise Expense Reversal Of Expense For Liabilities
LiabilitiesSubjectToCompromiseExpenseReversalOfExpenseForLiabilities
6460000 USD
us-gaap Liabilities Subject To Compromise Expense Reversal Of Expense For Liabilities
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0 USD
CY2016Q3 us-gaap License And Services Revenue
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52453000 USD
us-gaap License And Services Revenue
LicenseAndServicesRevenue
139918000 USD
CY2017Q3 us-gaap License And Services Revenue
LicenseAndServicesRevenue
99708000 USD
us-gaap License And Services Revenue
LicenseAndServicesRevenue
297422000 USD
CY2016Q4 us-gaap Long Term Debt
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CY2017Q3 us-gaap Long Term Debt
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CY2017Q3 us-gaap Minority Interest
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35932000 USD
us-gaap Net Cash Provided By Used In Financing Activities
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169570000 USD
us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Net Cash Provided By Used In Investing Activities
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17003000 USD
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-14005000 USD
us-gaap Net Cash Provided By Used In Operating Activities
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-33993000 USD
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us-gaap Net Income Loss
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CY2017Q3 us-gaap Net Income Loss
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us-gaap Net Income Loss
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-47506000 USD
CY2016Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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-4567000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
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-59250000 USD
CY2017Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-541000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-8471000 USD
CY2016Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
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-11208000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-142335000 USD
CY2017Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-12588000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
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-47506000 USD
CY2016Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
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us-gaap Net Income Loss Available To Common Stockholders Diluted
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-142335000 USD
CY2017Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
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us-gaap Net Income Loss Available To Common Stockholders Diluted
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CY2016 us-gaap Noncontrolling Interest Increase From Subsidiary Equity Issuance
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0 USD
us-gaap Noncontrolling Interest Increase From Subsidiary Equity Issuance
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0 USD
us-gaap Number Of Operating Segments
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76049000 USD
us-gaap Operating Expenses
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369723000 USD
CY2017Q3 us-gaap Operating Expenses
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121932000 USD
us-gaap Operating Expenses
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375814000 USD
CY2016Q3 us-gaap Operating Income Loss
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us-gaap Operating Income Loss
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CY2017Q3 us-gaap Operating Income Loss
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us-gaap Operating Income Loss
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CY2016Q3 us-gaap Operating Leases Rent Expense Net
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1100000 USD
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3400000 USD
CY2017Q3 us-gaap Operating Leases Rent Expense Net
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3000000 USD
us-gaap Operating Leases Rent Expense Net
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8000000 USD
CY2016Q4 us-gaap Other Assets Noncurrent
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10043000 USD
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9364000 USD
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14655000 USD
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9982000 USD
us-gaap Other Noncash Income Expense
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us-gaap Other Noncash Income Expense
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15000 USD
us-gaap Other Nonoperating Income Expense
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21000 USD
CY2016Q3 us-gaap Payments Of Stock Issuance Costs
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2100000 USD
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1000 USD
us-gaap Payments To Acquire Businesses Gross
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14000000 USD
us-gaap Payments To Acquire Businesses Gross
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3694000 USD
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300000 USD
us-gaap Payments Of Stock Issuance Costs
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1500000 USD
us-gaap Payments To Acquire Interest In Subsidiaries And Affiliates
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3000000 USD
us-gaap Payments To Acquire Property Plant And Equipment
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11116000 USD
us-gaap Payments To Acquire Property Plant And Equipment
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21349000 USD
CY2017Q3 us-gaap Profit Loss
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CY2016Q4 us-gaap Prepaid Expense And Other Assets Current
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11011000 USD
CY2017Q3 us-gaap Prepaid Expense And Other Assets Current
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16144000 USD
us-gaap Proceeds From Sale Maturity And Collections Of Investments
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4099000 USD
us-gaap Proceeds From Sale Maturity And Collections Of Investments
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44210000 USD
us-gaap Proceeds From Stock Options Exercised
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1244000 USD
CY2016Q3 us-gaap Profit Loss
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us-gaap Profit Loss
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CY2016 us-gaap Profit Loss
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us-gaap Profit Loss
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CY2016Q4 us-gaap Property Plant And Equipment Gross
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36415000 USD
CY2017Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
58209000 USD
CY2016Q4 us-gaap Property Plant And Equipment Net
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31179000 USD
CY2017Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
46930000 USD
CY2016Q4 us-gaap Restricted Cash And Cash Equivalents
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40416000 USD
CY2017Q3 us-gaap Restricted Cash And Cash Equivalents
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16932000 USD
CY2016Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
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1050000 USD
CY2017Q3 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
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3712000 USD
CY2016Q4 us-gaap Restricted Cash And Cash Equivalents Noncurrent
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4950000 USD
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8150000 USD
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34416000 USD
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5070000 USD
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6000000 USD
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11862000 USD
CY2016Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
146617000 USD
CY2017Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
99111000 USD
CY2016Q3 us-gaap Sales Revenue Services Net
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60210000 USD
us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
166177000 USD
CY2017Q3 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
107912000 USD
us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
321221000 USD
CY2016Q3 us-gaap Selling General And Administrative Expense
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38398000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
103101000 USD
CY2017Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
45834000 USD
us-gaap Selling General And Administrative Expense
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150474000 USD
us-gaap Share Based Compensation
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13844000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
16172000 USD
CY2015Q3 us-gaap Share Price
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19.51
CY2015Q4 us-gaap Share Price
SharePrice
14.73
CY2016Q1 us-gaap Share Price
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10.33
CY2016Q4 us-gaap Short Term Investments
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44341000 USD
CY2017Q3 us-gaap Short Term Investments
ShortTermInvestments
0 USD
CY2016 us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
177782000 USD
CY2016 us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
0 USD
us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
0 USD
CY2017Q3 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
166947000 USD
CY2016 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
2193000 USD
us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
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CY2016 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
1259000 USD
CY2016Q4 us-gaap Stockholders Equity
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702526000 USD
CY2017Q3 us-gaap Stockholders Equity
StockholdersEquity
1019847000 USD
CY2015Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
934579000 USD
CY2016Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
912114000 USD
CY2017Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1055779000 USD
CY2016Q3 us-gaap Technology Services Revenue
TechnologyServicesRevenue
7757000 USD
us-gaap Technology Services Revenue
TechnologyServicesRevenue
26259000 USD
CY2017Q3 us-gaap Technology Services Revenue
TechnologyServicesRevenue
8204000 USD
us-gaap Technology Services Revenue
TechnologyServicesRevenue
23799000 USD
CY2016Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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43110000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
42632000 shares
CY2017Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
70328000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
60867000 shares
CY2016Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
43110000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
42632000 shares
CY2017Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
70328000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
60867000 shares
us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Accounting Estimates and Assumptions</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;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 affecting the reported amounts of assets and liabilities and the disclosures of contingent assets and liabilities as of the date of the financial statements and the reported amounts of revenue and expenses for the reporting period. Those estimates are inherently subject to change and actual results could differ from those estimates. In the accompanying consolidated financial statements, estimates are used for, but not limited to, the valuation of assets, liabilities, consideration related to business combinations and asset acquisitions, revenue recognition including discounts and credits, estimated selling prices for deliverables in multiple element arrangements, contingent payments, allowance for doubtful accounts, depreciable lives of assets, impairment of long lived assets (including equity method investments), stock-based compensation, deferred income taxes and valuation allowance, contingent liabilities, valuation of intangible assets (including goodwill), purchase price allocation in taxable stock transactions and the useful lives of intangible assets.</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;"></font></div></div>

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