2017 Q3 Form 10-Q Financial Statement
#000162890817000052 Filed on November 09, 2017
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% |
Facts In Submission
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2017-09-30 | ||
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900000 | USD | |
CY2017Q3 | us-gaap |
Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
|
1200000 | USD |
us-gaap |
Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
|
2800000 | USD | |
CY2015Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
145726000 | USD |
CY2016Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
109777000 | USD |
CY2016Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
134563000 | USD |
CY2017Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
287143000 | USD |
us-gaap |
Cash And Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashAndCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
-35949000 | USD | |
CY2017Q3 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
us-gaap |
Conversion Of Stock Amount Converted1
ConversionOfStockAmountConverted1
|
28220000 | USD | |
us-gaap |
Cash And Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashAndCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
152580000 | USD | |
CY2017Q3 | us-gaap |
Cash Cash Equivalents And Short Term Investments
CashCashEquivalentsAndShortTermInvestments
|
295900000 | USD |
CY2016Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
us-gaap |
Conversion Of Stock Amount Converted1
ConversionOfStockAmountConverted1
|
168883000 | USD | |
us-gaap |
Debt Issuance Costs Incurred During Noncash Or Partial Noncash Transaction
DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction
|
0 | USD | |
us-gaap |
Debt Issuance Costs Incurred During Noncash Or Partial Noncash Transaction
DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction
|
196000 | USD | |
us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-1614000 | USD | |
us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-2668000 | USD | |
CY2016Q4 | us-gaap |
Deferred Revenue Current
DeferredRevenueCurrent
|
20481000 | USD |
CY2017Q3 | us-gaap |
Deferred Revenue Current
DeferredRevenueCurrent
|
26094000 | USD |
CY2016Q4 | us-gaap |
Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
|
20846000 | USD |
CY2017Q3 | us-gaap |
Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
|
6638000 | USD |
CY2016Q3 | us-gaap |
Depreciation
Depreciation
|
900000 | USD |
us-gaap |
Depreciation
Depreciation
|
2400000 | USD | |
CY2017Q3 | us-gaap |
Depreciation
Depreciation
|
2300000 | USD |
us-gaap |
Depreciation
Depreciation
|
6000000 | USD | |
CY2016Q3 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
3746000 | USD |
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
10728000 | USD | |
CY2017Q3 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
7717000 | USD |
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
21236000 | USD | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
10728000 | USD | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
21236000 | USD | |
CY2016Q4 | us-gaap |
Due From Related Parties Current
DueFromRelatedPartiesCurrent
|
8258000 | USD |
CY2017Q3 | us-gaap |
Due From Related Parties Current
DueFromRelatedPartiesCurrent
|
5740000 | USD |
CY2016Q4 | us-gaap |
Due To Related Parties Current
DueToRelatedPartiesCurrent
|
3211000 | USD |
CY2017Q3 | us-gaap |
Due To Related Parties Current
DueToRelatedPartiesCurrent
|
796000 | USD |
CY2016Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.26 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-3.34 | ||
CY2017Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.18 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.78 | ||
CY2016Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.26 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-3.34 | ||
CY2017Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.18 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.78 | ||
CY2016Q3 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.016 | |
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.008 | ||
CY2017Q3 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.116 | |
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.035 | ||
CY2016Q4 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
38408000 | USD |
CY2017Q3 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
30987000 | USD |
CY2016Q3 | us-gaap |
Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
|
0 | USD |
us-gaap |
Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
|
0 | USD | |
CY2017Q3 | us-gaap |
Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
|
0 | USD |
us-gaap |
Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
|
0 | USD | |
CY2017Q3 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Earnings
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings
|
-100000 | USD |
us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Earnings
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings
|
-300000 | USD | |
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
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPurchases
|
0 | USD |
us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Purchases
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPurchases
|
7750000 | USD | |
CY2017Q3 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Purchases
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPurchases
|
0 | USD |
us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Purchases
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPurchases
|
0 | USD | |
CY2015Q4 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
|
0 | USD |
CY2016Q2 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
|
7750000 | USD |
CY2016Q3 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
|
7750000 | USD |
CY2016Q4 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
|
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
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
|
8600000 | USD |
CY2016Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
18400000 | USD |
CY2017Q3 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
33362000 | USD |
CY2016Q4 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
277323000 | USD |
CY2017Q3 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
282854000 | USD |
CY2016Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
258923000 | USD |
CY2017Q3 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
249492000 | USD |
CY2015Q4 | us-gaap |
Goodwill
Goodwill
|
608903000 | USD |
CY2016Q4 | us-gaap |
Goodwill
Goodwill
|
626569000 | USD |
CY2017Q3 | us-gaap |
Goodwill
Goodwill
|
628341000 | USD |
CY2016 | us-gaap |
Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
|
178266000 | USD |
us-gaap |
Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
|
0 | USD | |
CY2016Q1 | us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
160600000 | USD |
CY2016Q3 | us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
0 | USD |
us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
160600000 | USD | |
CY2016 | us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
160600000 | USD |
CY2017Q3 | us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
0 | USD |
us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
0 | USD | |
CY2016 | us-gaap |
Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
|
0 | USD |
us-gaap |
Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
|
1772000 | USD | |
CY2016Q4 | us-gaap |
Held To Maturity Securities
HeldToMaturitySecurities
|
44341000 | USD |
CY2016Q4 | us-gaap |
Held To Maturity Securities Accumulated Unrecognized Holding Gain
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain
|
197000 | USD |
CY2016Q4 | us-gaap |
Held To Maturity Securities Accumulated Unrecognized Holding Loss
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss
|
35000 | USD |
CY2016Q4 | us-gaap |
Held To Maturity Securities Debt Maturities Within One Year Fair Value
HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearFairValue
|
44503000 | USD |
CY2016Q4 | us-gaap |
Held To Maturity Securities Debt Maturities Within One Year Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount
|
44341000 | USD |
CY2016Q4 | us-gaap |
Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
|
44503000 | USD |
CY2016Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-16031000 | USD |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-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 | |
CY2016Q3 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
-448000 | USD |
us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
-462000 | USD | |
CY2017Q3 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
-369000 | USD |
us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
-1446000 | USD | |
CY2016Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-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
IncomeTaxesPaid
|
0 | USD | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-3692000 | USD | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
10591000 | USD | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
1605000 | USD | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
5075000 | USD | |
us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
6165000 | USD | |
us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
-11075000 | USD | |
us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
2882000 | USD | |
us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
4835000 | USD | |
us-gaap |
Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
|
-638000 | USD | |
us-gaap |
Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
|
-7707000 | USD | |
us-gaap |
Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
|
117000 | USD | |
us-gaap |
Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
|
-1719000 | USD | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
112000 | USD | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
5125000 | USD | |
us-gaap |
Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
|
-1194000 | USD | |
us-gaap |
Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
|
2164000 | USD | |
CY2016Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
258923000 | USD |
CY2017Q3 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
249492000 | USD |
CY2015Q2 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
169000000 | USD |
CY2016Q3 | us-gaap |
Interest Expense
InterestExpense
|
0 | USD |
us-gaap |
Interest Expense
InterestExpense
|
0 | USD | |
CY2017Q3 | us-gaap |
Interest Expense
InterestExpense
|
880000 | USD |
us-gaap |
Interest Expense
InterestExpense
|
2781000 | USD | |
us-gaap |
Interest Paid
InterestPaid
|
0 | USD | |
us-gaap |
Interest Paid
InterestPaid
|
1222000 | USD | |
CY2016Q3 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
255000 | USD |
us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
805000 | USD | |
CY2017Q3 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
411000 | USD |
us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
813000 | USD | |
CY2016Q4 | us-gaap |
Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
|
2159000 | USD |
CY2017Q3 | us-gaap |
Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
|
712000 | USD |
CY2016Q4 | us-gaap |
Liabilities
Liabilities
|
287725000 | USD |
CY2017Q3 | us-gaap |
Liabilities
Liabilities
|
243251000 | USD |
CY2016Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
1199839000 | USD |
CY2017Q3 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
1299030000 | USD |
CY2016Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
131941000 | USD |
CY2017Q3 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
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
LiabilitiesSubjectToCompromise
|
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
LiabilitiesSubjectToCompromiseExpenseReversalOfExpenseForLiabilities
|
0 | USD | |
CY2016Q3 | us-gaap |
License And Services Revenue
LicenseAndServicesRevenue
|
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
LongTermDebt
|
120283000 | USD |
CY2017Q3 | us-gaap |
Long Term Debt
LongTermDebt
|
121164000 | USD |
CY2016Q4 | us-gaap |
Minority Interest
MinorityInterest
|
209588000 | USD |
CY2017Q3 | us-gaap |
Minority Interest
MinorityInterest
|
35932000 | USD |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
169570000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-22823000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
17003000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-14005000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-33993000 | USD | |
CY2016Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-11208000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-142335000 | USD | |
CY2017Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-12588000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-47506000 | USD | |
CY2016Q3 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-4567000 | USD |
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-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
NetIncomeLossAvailableToCommonStockholdersBasic
|
-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
NetIncomeLossAvailableToCommonStockholdersBasic
|
-47506000 | USD | |
CY2016Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
-11208000 | USD |
us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
-142335000 | USD | |
CY2017Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
-12588000 | USD |
us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
-47506000 | USD | |
CY2016 | us-gaap |
Noncontrolling Interest Increase From Subsidiary Equity Issuance
NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
|
0 | USD |
us-gaap |
Noncontrolling Interest Increase From Subsidiary Equity Issuance
NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
|
0 | USD | |
us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
1 | segment | |
CY2016Q3 | us-gaap |
Operating Expenses
OperatingExpenses
|
76049000 | USD |
us-gaap |
Operating Expenses
OperatingExpenses
|
369723000 | USD | |
CY2017Q3 | us-gaap |
Operating Expenses
OperatingExpenses
|
121932000 | USD |
us-gaap |
Operating Expenses
OperatingExpenses
|
375814000 | USD | |
CY2016Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-15839000 | USD |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-203546000 | USD | |
CY2017Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-14020000 | USD |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-54593000 | USD | |
CY2016Q3 | us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
1100000 | USD |
us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
3400000 | USD | |
CY2017Q3 | us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
3000000 | USD |
us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
8000000 | USD | |
CY2016Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
10043000 | USD |
CY2017Q3 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
9364000 | USD |
CY2016Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
14655000 | USD |
CY2017Q3 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
9982000 | USD |
us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
-443000 | USD | |
us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
-388000 | USD | |
CY2017Q3 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
15000 | USD |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
21000 | USD | |
CY2016Q3 | us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
2100000 | USD |
CY2016Q3 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
1000 | USD |
us-gaap |
Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
|
14000000 | USD | |
us-gaap |
Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
|
3694000 | USD | |
CY2017Q3 | us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
300000 | USD |
us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
1500000 | USD | |
us-gaap |
Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
|
3000000 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
11116000 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
21349000 | USD | |
CY2017Q3 | us-gaap |
Profit Loss
ProfitLoss
|
-13129000 | USD |
CY2016Q4 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
11011000 | USD |
CY2017Q3 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
16144000 | USD |
us-gaap |
Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
|
4099000 | USD | |
us-gaap |
Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
|
44210000 | USD | |
us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
1244000 | USD | |
CY2016Q3 | us-gaap |
Profit Loss
ProfitLoss
|
-15775000 | USD |
us-gaap |
Profit Loss
ProfitLoss
|
-201585000 | USD | |
CY2016 | us-gaap |
Profit Loss
ProfitLoss
|
-226778000 | USD |
us-gaap |
Profit Loss
ProfitLoss
|
-55977000 | USD | |
CY2016Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
36415000 | USD |
CY2017Q3 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
58209000 | USD |
CY2016Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
31179000 | USD |
CY2017Q3 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
46930000 | USD |
CY2016Q4 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
40416000 | USD |
CY2017Q3 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
16932000 | USD |
CY2016Q4 | us-gaap |
Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
|
1050000 | USD |
CY2017Q3 | us-gaap |
Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
|
3712000 | USD |
CY2016Q4 | us-gaap |
Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
|
4950000 | USD |
CY2017Q3 | us-gaap |
Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
|
8150000 | USD |
CY2016Q4 | us-gaap |
Restricted Cash And Investments Current
RestrictedCashAndInvestmentsCurrent
|
34416000 | USD |
CY2017Q3 | us-gaap |
Restricted Cash And Investments Current
RestrictedCashAndInvestmentsCurrent
|
5070000 | USD |
CY2016Q4 | us-gaap |
Restricted Cash And Investments Noncurrent
RestrictedCashAndInvestmentsNoncurrent
|
6000000 | USD |
CY2017Q3 | us-gaap |
Restricted Cash And Investments Noncurrent
RestrictedCashAndInvestmentsNoncurrent
|
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
SalesRevenueServicesNet
|
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
SellingGeneralAndAdministrativeExpense
|
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
SellingGeneralAndAdministrativeExpense
|
150474000 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
13844000 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
16172000 | USD | |
CY2015Q3 | us-gaap |
Share Price
SharePrice
|
19.51 | |
CY2015Q4 | us-gaap |
Share Price
SharePrice
|
14.73 | |
CY2016Q1 | us-gaap |
Share Price
SharePrice
|
10.33 | |
CY2016Q4 | us-gaap |
Short Term Investments
ShortTermInvestments
|
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
|
-1179000 | USD | |
CY2016 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
1259000 | USD |
CY2016Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
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
WeightedAverageNumberOfDilutedSharesOutstanding
|
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> |