2018 Q1 Form 10-Q Financial Statement

#000129798918000006 Filed on May 01, 2018

View on sec.gov

Income Statement

Concept 2018 Q1 2017 Q1
Revenue $207.0M $183.0M
YoY Change 13.08% 9.58%
Cost Of Revenue $138.1M $119.1M
YoY Change 15.98% 9.85%
Gross Profit $68.87M $63.96M
YoY Change 7.68% 9.04%
Gross Profit Margin 33.28% 34.95%
Selling, General & Admin $43.22M $37.38M
YoY Change 15.63% 9.7%
% of Gross Profit 62.75% 58.44%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $10.66M $9.426M
YoY Change 13.04% 15.9%
% of Gross Profit 15.47% 14.74%
Operating Expenses $53.72M $46.75M
YoY Change 14.92% 10.77%
Operating Profit $15.15M $17.21M
YoY Change -11.98% 4.62%
Interest Expense $538.0K $432.0K
YoY Change 24.54% 12.21%
% of Operating Profit 3.55% 2.51%
Other Income/Expense, Net $3.611M $3.136M
YoY Change 15.15% -3.89%
Pretax Income $18.76M $20.35M
YoY Change -7.8% 3.21%
Income Tax -$4.453M $3.560M
% Of Pretax Income -23.74% 17.5%
Net Earnings $23.16M $16.79M
YoY Change 37.94% 21.48%
Net Earnings / Revenue 11.19% 9.17%
Basic Earnings Per Share $0.67 $0.50
Diluted Earnings Per Share $0.66 $0.48
COMMON SHARES
Basic Shares Outstanding 34.45M shares 33.85M shares
Diluted Shares Outstanding 35.30M shares 35.11M shares

Balance Sheet

Concept 2018 Q1 2017 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $239.4M $218.2M
YoY Change 9.72% 13.12%
Cash & Equivalents $69.96M $91.70M
Short-Term Investments $169.5M $126.5M
Other Short-Term Assets $28.28M $25.54M
YoY Change 10.71% 29.35%
Inventory
Prepaid Expenses $10.60M $9.596M
Receivables $137.2M $119.8M
Other Receivables $0.00 $0.00
Total Short-Term Assets $436.0M $383.5M
YoY Change 13.68% 13.54%
LONG-TERM ASSETS
Property, Plant & Equipment $67.75M $59.22M
YoY Change 14.4% 24.57%
Goodwill $202.3M $188.0M
YoY Change 7.65% 9.59%
Intangibles $45.10M $50.36M
YoY Change -10.43% 0.69%
Long-Term Investments $2.944M
YoY Change
Other Assets $33.86M $25.62M
YoY Change 32.18% 14.45%
Total Long-Term Assets $362.3M $343.2M
YoY Change 5.57% 12.7%
TOTAL ASSETS
Total Short-Term Assets $436.0M $383.5M
Total Long-Term Assets $362.3M $343.2M
Total Assets $798.3M $726.7M
YoY Change 9.85% 13.14%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $4.114M $5.286M
YoY Change -22.17% 68.02%
Accrued Expenses $61.15M $47.67M
YoY Change 28.27% 25.78%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $10.00M
YoY Change -100.0% 0.0%
Long-Term Debt Due $318.0K $10.20M
YoY Change -96.88% -0.97%
Total Short-Term Liabilities $104.9M $111.0M
YoY Change -5.43% 23.79%
LONG-TERM LIABILITIES
Long-Term Debt $67.36M $35.00M
YoY Change 92.44% -36.36%
Other Long-Term Liabilities $1.181M $3.469M
YoY Change -65.96% 123.95%
Total Long-Term Liabilities $68.54M $38.47M
YoY Change 78.16% -31.97%
TOTAL LIABILITIES
Total Short-Term Liabilities $104.9M $111.0M
Total Long-Term Liabilities $68.54M $38.47M
Total Liabilities $196.6M $164.0M
YoY Change 19.87% 3.47%
SHAREHOLDERS EQUITY
Retained Earnings $450.7M $395.0M
YoY Change 14.11% 17.97%
Common Stock $327.8M $296.8M
YoY Change 10.43% 13.33%
Preferred Stock
YoY Change
Treasury Stock (at cost) $117.3M $72.28M
YoY Change 62.32% 47.46%
Treasury Stock Shares 3.126M shares 2.328M shares
Shareholders Equity $601.5M $562.5M
YoY Change
Total Liabilities & Shareholders Equity $798.3M $726.7M
YoY Change 9.85% 13.14%

Cashflow Statement

Concept 2018 Q1 2017 Q1
OPERATING ACTIVITIES
Net Income $23.16M $16.79M
YoY Change 37.94% 21.48%
Depreciation, Depletion And Amortization $10.66M $9.426M
YoY Change 13.04% 15.9%
Cash From Operating Activities -$8.005M $6.023M
YoY Change -232.91% -157.69%
INVESTING ACTIVITIES
Capital Expenditures $12.68M $10.11M
YoY Change 25.37% 19.59%
Acquisitions $380.0K $0.00
YoY Change
Other Investing Activities $9.700M -$107.0M
YoY Change -109.07% 31.61%
Cash From Investing Activities -$3.012M -$117.1M
YoY Change -97.43% 30.4%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $13.50M $11.91M
YoY Change 13.36% 73.79%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$6.151M -$11.77M
YoY Change -47.72% 18.03%
NET CHANGE
Cash From Operating Activities -$8.005M $6.023M
Cash From Investing Activities -$3.012M -$117.1M
Cash From Financing Activities -$6.151M -$11.77M
Net Change In Cash -$17.81M -$122.3M
YoY Change -85.44% 11.03%
FREE CASH FLOW
Cash From Operating Activities -$8.005M $6.023M
Capital Expenditures $12.68M $10.11M
Free Cash Flow -$20.69M -$4.091M
YoY Change 405.62% -78.35%

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CY2017Q4 us-gaap Deferred Tax Assets Net Noncurrent
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8585000 USD
CY2018Q1 us-gaap Deferred Tax Assets Net Noncurrent
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6518000 USD
CY2018Q1 us-gaap Defined Benefit Plan Actual Return On Plan Assets
DefinedBenefitPlanActualReturnOnPlanAssets
114000 USD
CY2017Q1 us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
-69000 USD
CY2018Q1 us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
39000 USD
CY2018Q1 us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
0 USD
CY2017Q1 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
107000 USD
CY2018Q1 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
124000 USD
CY2017Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
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6915000 USD
CY2018Q1 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
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6572000 USD
CY2017Q1 us-gaap Defined Benefit Plan Interest Cost
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162000 USD
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455000 USD
CY2018Q1 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
180000 USD
CY2017Q1 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
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608000 USD
CY2018Q1 us-gaap Defined Benefit Plan Plan Assets Benefits Paid
DefinedBenefitPlanPlanAssetsBenefitsPaid
321000 USD
CY2018Q1 us-gaap Defined Benefit Plan Plan Assets Foreign Currency Translation Gain Loss
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-136000 USD
CY2017Q1 us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
484000 USD
CY2018Q1 us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
438000 USD
CY2017Q1 us-gaap Defined Contribution Plan Cost Recognized
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1713000 USD
CY2018Q1 us-gaap Defined Contribution Plan Cost Recognized
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1914000 USD
CY2017Q1 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
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1068000 USD
CY2018Q1 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
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1230000 USD
CY2018Q1 us-gaap Defined Contribution Plan Maximum Annual Contributions Per Employee Percent
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0.04
CY2017Q1 us-gaap Depreciation
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5874000 USD
CY2018Q1 us-gaap Depreciation
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6557000 USD
CY2017Q1 us-gaap Depreciation And Amortization
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9372000 USD
CY2018Q1 us-gaap Depreciation And Amortization
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10504000 USD
CY2017Q1 us-gaap Depreciation Depletion And Amortization
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9426000 USD
CY2018Q1 us-gaap Depreciation Depletion And Amortization
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10655000 USD
CY2017Q4 us-gaap Derivative Assets Current
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10938000 USD
CY2018Q1 us-gaap Derivative Assets Current
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8556000 USD
CY2017Q4 us-gaap Derivative Instruments And Hedges Liabilities
DerivativeInstrumentsAndHedgesLiabilities
555000 USD
CY2018Q1 us-gaap Derivative Instruments And Hedges Liabilities
DerivativeInstrumentsAndHedgesLiabilities
1909000 USD
CY2017Q4 us-gaap Derivative Instruments And Hedges Liabilities Noncurrent
DerivativeInstrumentsAndHedgesLiabilitiesNoncurrent
322000 USD
CY2018Q1 us-gaap Derivative Instruments And Hedges Liabilities Noncurrent
DerivativeInstrumentsAndHedgesLiabilitiesNoncurrent
1950000 USD
CY2017Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.50
CY2018Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.67
CY2017Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.48
CY2018Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.66
CY2017Q1 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
468000 USD
CY2018Q1 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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-644000 USD
CY2017Q1 us-gaap Effective Income Tax Rate Continuing Operations
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0.175
CY2018Q1 us-gaap Effective Income Tax Rate Continuing Operations
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-0.237
CY2017Q4 us-gaap Employee Related Liabilities Current
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55664000 USD
CY2018Q1 us-gaap Employee Related Liabilities Current
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27615000 USD
CY2017Q4 us-gaap Equity Method Investments
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3000000 USD
CY2018Q1 us-gaap Equity Method Investments
EquityMethodInvestments
2944000 USD
CY2017Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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60826000 USD
CY2018Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
64743000 USD
CY2018Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Next Rolling Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextRollingTwelveMonths
14329000 USD
CY2018Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Rolling After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseRollingAfterYearFive
7242000 USD
CY2018Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Rolling Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseRollingYearFive
3074000 USD
CY2018Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Rolling Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseRollingYearFour
3887000 USD
CY2018Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Rolling Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseRollingYearThree
4522000 USD
CY2018Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Rolling Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseRollingYearTwo
11150000 USD
CY2017Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
108884000 USD
CY2018Q1 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
108947000 USD
CY2017Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
48058000 USD
CY2018Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
44204000 USD
CY2017Q1 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
382000 USD
CY2018Q1 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
615000 USD
CY2017Q1 us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
-2225000 USD
CY2018Q1 us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
3319000 USD
CY2017Q1 us-gaap Gain Loss On Investments
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1783000 USD
CY2018Q1 us-gaap Gain Loss On Investments
GainLossOnInvestments
3133000 USD
CY2017Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
24037000 USD
CY2018Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
29266000 USD
CY2016Q4 us-gaap Goodwill
Goodwill
186770000 USD
CY2017Q4 us-gaap Goodwill
Goodwill
204481000 USD
CY2018Q1 us-gaap Goodwill
Goodwill
202337000 USD
CY2017 us-gaap Goodwill Acquired During Period
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15957000 USD
CY2017 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
1754000 USD
CY2018Q1 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-416000 USD
CY2018Q1 us-gaap Goodwill Purchase Accounting Adjustments
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-1728000 USD
CY2017Q1 us-gaap Gross Profit
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63961000 USD
CY2018Q1 us-gaap Gross Profit
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CY2017Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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20348000 USD
CY2018Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
18761000 USD
CY2017Q1 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
0 USD
CY2018Q1 us-gaap Income Loss From Equity Method Investments
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-56000 USD
CY2017Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3560000 USD
CY2018Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-4453000 USD
CY2017Q1 us-gaap Increase Decrease In Accounts Payable
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2185000 USD
CY2018Q1 us-gaap Increase Decrease In Accounts Payable
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-1726000 USD
CY2017Q1 us-gaap Increase Decrease In Accounts Receivable
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6340000 USD
CY2018Q1 us-gaap Increase Decrease In Accounts Receivable
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590000 USD
CY2017Q1 us-gaap Increase Decrease In Accrued Income Taxes Payable
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-1471000 USD
CY2018Q1 us-gaap Increase Decrease In Accrued Income Taxes Payable
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-13906000 USD
CY2017Q1 us-gaap Increase Decrease In Deferred Revenue
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1480000 USD
CY2018Q1 us-gaap Increase Decrease In Deferred Revenue
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877000 USD
CY2017Q1 us-gaap Increase Decrease In Other Accounts Payable And Accrued Liabilities
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806000 USD
CY2018Q1 us-gaap Increase Decrease In Other Accounts Payable And Accrued Liabilities
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3317000 USD
CY2017Q1 us-gaap Increase Decrease In Other Employee Related Liabilities
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CY2018Q1 us-gaap Increase Decrease In Other Employee Related Liabilities
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-27655000 USD
CY2017Q1 us-gaap Increase Decrease In Other Operating Assets
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-1569000 USD
CY2018Q1 us-gaap Increase Decrease In Other Operating Assets
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1789000 USD
CY2017Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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1285000 USD
CY2018Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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2164000 USD
CY2017Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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1263322 shares
CY2018Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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856661 shares
CY2017Q4 us-gaap Intangible Assets Gross Excluding Goodwill
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109784000 USD
CY2018Q1 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
109847000 USD
CY2017Q4 us-gaap Intangible Assets Net Excluding Goodwill
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48958000 USD
CY2018Q1 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
45104000 USD
CY2017Q1 us-gaap Interest Expense
InterestExpense
432000 USD
CY2018Q1 us-gaap Interest Expense
InterestExpense
538000 USD
CY2017Q1 us-gaap Investment Income Interest And Dividend
InvestmentIncomeInterestAndDividend
672000 USD
CY2018Q1 us-gaap Investment Income Interest And Dividend
InvestmentIncomeInterestAndDividend
308000 USD
CY2017Q4 us-gaap Liabilities
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224730000 USD
CY2018Q1 us-gaap Liabilities
Liabilities
196565000 USD
CY2017Q4 us-gaap Liabilities And Stockholders Equity
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CY2018Q1 us-gaap Liabilities And Stockholders Equity
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798270000 USD
CY2017Q4 us-gaap Liabilities Current
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CY2018Q1 us-gaap Liabilities Current
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104945000 USD
CY2017Q4 us-gaap Liabilities Other Than Longterm Debt Noncurrent
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16202000 USD
CY2018Q1 us-gaap Liabilities Other Than Longterm Debt Noncurrent
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15262000 USD
CY2017Q4 us-gaap Liability For Uncertain Tax Positions Noncurrent
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892000 USD
CY2018Q1 us-gaap Liability For Uncertain Tax Positions Noncurrent
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892000 USD
CY2018Q1 us-gaap Litigation Settlement Amount Awarded To Other Party
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2400000 USD
CY2018Q1 us-gaap Long Term Debt
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673000 USD
CY2017Q4 us-gaap Long Term Debt Current
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10318000 USD
CY2018Q1 us-gaap Long Term Debt Current
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318000 USD
CY2017Q4 us-gaap Long Term Debt Noncurrent
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50391000 USD
CY2018Q1 us-gaap Long Term Debt Noncurrent
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67355000 USD
CY2018Q1 us-gaap Maximum Length Of Time Hedged In Cash Flow Hedge1
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CY2017Q4 us-gaap Minority Interest
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CY2018Q1 us-gaap Minority Interest
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231000 USD
CY2017Q1 us-gaap Minority Interest Period Increase Decrease
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12000 USD
CY2018Q1 us-gaap Minority Interest Period Increase Decrease
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7000 USD
CY2017Q1 us-gaap Net Cash Provided By Used In Financing Activities
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CY2018Q1 us-gaap Net Cash Provided By Used In Financing Activities
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CY2017Q1 us-gaap Net Cash Provided By Used In Investing Activities
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CY2018Q1 us-gaap Net Cash Provided By Used In Investing Activities
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CY2017Q1 us-gaap Net Cash Provided By Used In Operating Activities
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6023000 USD
CY2018Q1 us-gaap Net Cash Provided By Used In Operating Activities
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-8005000 USD
CY2017Q1 us-gaap Net Income Loss
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16788000 USD
CY2018Q1 us-gaap Net Income Loss
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23158000 USD
CY2017Q1 us-gaap Nonoperating Income Expense
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3136000 USD
CY2018Q1 us-gaap Nonoperating Income Expense
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3611000 USD
CY2018Q1 us-gaap Number Of Operating Segments
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8 operating_segment
CY2017Q1 us-gaap Operating Expenses
OperatingExpenses
46749000 USD
CY2018Q1 us-gaap Operating Expenses
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53722000 USD
CY2017Q1 us-gaap Operating Income Loss
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17212000 USD
CY2018Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
15150000 USD
CY2018Q1 us-gaap Operating Leases Future Minimum Payments Due
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CY2018Q1 us-gaap Operating Leases Future Minimum Payments Due In Rolling After Year Five
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26260000 USD
CY2018Q1 us-gaap Operating Leases Future Minimum Payments Due In Rolling Year Five
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10244000 USD
CY2018Q1 us-gaap Operating Leases Future Minimum Payments Due In Rolling Year Four
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11740000 USD
CY2018Q1 us-gaap Operating Leases Future Minimum Payments Due In Rolling Year Three
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14755000 USD
CY2018Q1 us-gaap Operating Leases Future Minimum Payments Due In Rolling Year Two
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16538000 USD
CY2018Q1 us-gaap Operating Leases Future Minimum Payments Next Rolling Twelve Months
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19740000 USD
CY2017Q1 us-gaap Operating Leases Rent Expense Net
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5667000 USD
CY2018Q1 us-gaap Operating Leases Rent Expense Net
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6422000 USD
CY2017Q4 us-gaap Other Assets Current
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29582000 USD
CY2018Q1 us-gaap Other Assets Current
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28277000 USD
CY2017Q4 us-gaap Other Assets Miscellaneous Current
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8595000 USD
CY2018Q1 us-gaap Other Assets Miscellaneous Current
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8067000 USD
CY2017Q4 us-gaap Other Assets Noncurrent
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36369000 USD
CY2018Q1 us-gaap Other Assets Noncurrent
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33863000 USD
CY2017Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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11643000 USD
CY2018Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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CY2017Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
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18044000 USD
CY2018Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
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CY2017Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
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646000 USD
CY2018Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
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1895000 USD
CY2017Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Tax
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284000 USD
CY2018Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Tax
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-776000 USD
CY2017Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
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-62000 USD
CY2018Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax
40000 USD
CY2017Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax
7000 USD
CY2018Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax
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1000 USD
CY2017Q1 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
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6985000 USD
CY2018Q1 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
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-4214000 USD
CY2017Q1 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
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2044000 USD
CY2018Q1 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
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-800000 USD
CY2017Q4 us-gaap Other Liabilities Current
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CY2018Q1 us-gaap Other Liabilities Current
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CY2017Q4 us-gaap Other Liabilities Noncurrent
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3435000 USD
CY2018Q1 us-gaap Other Liabilities Noncurrent
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1181000 USD
CY2017Q1 us-gaap Other Noncash Income Expense
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7000 USD
CY2018Q1 us-gaap Other Noncash Income Expense
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CY2017Q1 us-gaap Other Nonoperating Income Expense
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CY2018Q1 us-gaap Other Nonoperating Income Expense
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3534000 USD
CY2017Q4 us-gaap Payables To Customers
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8982000 USD
CY2018Q1 us-gaap Payables To Customers
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5500000 USD
CY2017Q1 us-gaap Payments For Repurchase Of Common Stock
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11913000 USD
CY2018Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
13504000 USD
CY2017Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
2913000 USD
CY2018Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
2565000 USD
CY2017Q1 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 USD
CY2018Q1 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
380000 USD
CY2017Q1 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
129837000 USD
CY2018Q1 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
20310000 USD
CY2017Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
10114000 USD
CY2018Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
12680000 USD
CY2017Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
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3377000 USD
CY2018Q1 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
3322000 USD
CY2017Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2018Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2017Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
15000000 shares
CY2018Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
15000000 shares
CY2017Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2018Q1 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2017Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2018Q1 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2017Q4 us-gaap Prepaid Expense Current
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9781000 USD
CY2018Q1 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
10601000 USD
CY2017Q4 us-gaap Prepaid Taxes
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8801000 USD
CY2018Q1 us-gaap Prepaid Taxes
PrepaidTaxes
17802000 USD
CY2017Q1 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
0 USD
CY2018Q1 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
12000000 USD
CY2017Q1 us-gaap Proceeds From Sale Maturity And Collections Of Investments
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22879000 USD
CY2018Q1 us-gaap Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
30358000 USD
CY2017Q1 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
191000 USD
CY2018Q1 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
431000 USD
CY2017Q4 us-gaap Property Plant And Equipment Gross Excluding Capital Leased Assets
PropertyPlantAndEquipmentGrossExcludingCapitalLeasedAssets
207318000 USD
CY2018Q1 us-gaap Property Plant And Equipment Gross Excluding Capital Leased Assets
PropertyPlantAndEquipmentGrossExcludingCapitalLeasedAssets
211596000 USD
CY2017Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
66757000 USD
CY2018Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
67748000 USD
CY2017Q4 us-gaap Property Plant And Equipment Net Excluding Capital Leased Assets
PropertyPlantAndEquipmentNetExcludingCapitalLeasedAssets
66259000 USD
CY2018Q1 us-gaap Property Plant And Equipment Net Excluding Capital Leased Assets
PropertyPlantAndEquipmentNetExcludingCapitalLeasedAssets
67318000 USD
CY2017Q1 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
0 USD
CY2018Q1 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
-612000 USD
CY2018Q1 us-gaap Purchase Commitment Remaining Minimum Amount Committed
PurchaseCommitmentRemainingMinimumAmountCommitted
6852000 USD
CY2017Q1 us-gaap Repayments Of Debt
RepaymentsOfDebt
0 USD
CY2018Q1 us-gaap Repayments Of Debt
RepaymentsOfDebt
5036000 USD
CY2017Q1 us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
43000 USD
CY2018Q1 us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
42000 USD
CY2017Q1 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
2691000 USD
CY2017Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
3674000 USD
CY2018Q1 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
2727000 USD
CY2017Q1 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
3657000 USD
CY2017Q4 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
3808000 USD
CY2018Q1 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
3783000 USD
CY2017Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
427064000 USD
CY2018Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
450676000 USD
CY2017Q1 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
477000 USD
CY2018Q1 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
199000 USD
CY2017Q1 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
183033000 USD
CY2018Q1 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
206973000 USD
CY2017Q1 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
13340000 USD
CY2018Q1 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
13952000 USD
CY2017Q1 us-gaap Share Based Compensation
ShareBasedCompensation
5956000 USD
CY2018Q1 us-gaap Share Based Compensation
ShareBasedCompensation
5074000 USD
CY2017Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0 shares
CY2017Q1 us-gaap Shares Paid For Tax Withholding For Share Based Compensation
SharesPaidForTaxWithholdingForShareBasedCompensation
62784 shares
CY2018Q1 us-gaap Shares Paid For Tax Withholding For Share Based Compensation
SharesPaidForTaxWithholdingForShareBasedCompensation
41811 shares
CY2017Q4 us-gaap Short Term Investments
ShortTermInvestments
178479000 USD
CY2018Q1 us-gaap Short Term Investments
ShortTermInvestments
169461000 USD
CY2017Q1 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
191000 USD
CY2018Q1 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
431000 USD
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
599821000 USD
CY2018Q1 us-gaap Stockholders Equity
StockholdersEquity
601474000 USD
CY2016Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
532178000 USD
CY2017Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
562709000 USD
CY2017Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
600045000 USD
CY2018Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
601705000 USD
CY2016Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest Adjusted Balance1
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAdjustedBalance1
533631000 USD
CY2017Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest Adjusted Balance1
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAdjustedBalance1
600499000 USD
CY2017Q4 us-gaap Supplies
Supplies
2451000 USD
CY2018Q1 us-gaap Supplies
Supplies
2547000 USD
CY2017Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
2902018 shares
CY2018Q1 us-gaap Treasury Stock Shares
TreasuryStockShares
3126011 shares
CY2017Q4 us-gaap Treasury Stock Value
TreasuryStockValue
103816000 USD
CY2018Q1 us-gaap Treasury Stock Value
TreasuryStockValue
117320000 USD
CY2017Q4 us-gaap Unbilled Contracts Receivable
UnbilledContractsReceivable
49125000 USD
CY2018Q1 us-gaap Unbilled Contracts Receivable
UnbilledContractsReceivable
58381000 USD
CY2017Q1 us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
0 USD
CY2018Q1 us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
2842000 USD
CY2017Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
68000 USD
CY2017Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
35108882 shares
CY2018Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
35302926 shares
CY2017Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
33845560 shares
CY2018Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
34446265 shares
CY2018Q1 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:8px;text-align:justify;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of the unaudited consolidated financial statements in conformity with US GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the unaudited consolidated financial statements and the unaudited consolidated statements of income during the reporting period. Although these estimates are based on management&#8217;s best assessment of the current business environment, actual results may be different from those estimates. The significant estimates and assumptions that affect the financial statements include, but are not limited to, allowance for doubtful receivables, recoverability of service tax receivables, assets and obligations related to employee benefit plans, deferred tax valuation allowances, income-tax uncertainties and other contingencies, valuation of derivative financial instruments, assumptions used to calculate stock-based compensation expense, depreciation and amortization periods, purchase price allocation, recoverability of long-term assets including goodwill and intangibles, and estimated costs to complete fixed price contracts.</font></div></div>

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