2014 Q3 Form 10-Q Financial Statement
#000110465914058341 Filed on August 07, 2014
Income Statement
Concept | 2014 Q3 | 2014 Q2 | 2013 Q2 |
---|---|---|---|
Revenue | $293.0K | $475.0K | $0.00 |
YoY Change | 651.28% | -100.0% | |
Cost Of Revenue | |||
YoY Change | |||
Gross Profit | |||
YoY Change | |||
Gross Profit Margin | |||
Selling, General & Admin | $5.270M | $4.750M | $4.830M |
YoY Change | 13.58% | -1.66% | -17.01% |
% of Gross Profit | |||
Research & Development | $12.05M | $9.978M | $10.73M |
YoY Change | 19.18% | -6.97% | -21.85% |
% of Gross Profit | |||
Depreciation & Amortization | $370.0K | $400.0K | $450.0K |
YoY Change | -13.95% | -11.11% | 2.27% |
% of Gross Profit | |||
Operating Expenses | $17.11M | $14.74M | $16.01M |
YoY Change | 12.75% | -7.9% | -19.91% |
Operating Profit | -$16.82M | -$14.27M | -$16.01M |
YoY Change | 11.11% | -10.87% | 71.23% |
Interest Expense | $377.0K | $374.0K | $9.000K |
YoY Change | 5285.71% | 4055.56% | -40.0% |
% of Operating Profit | |||
Other Income/Expense, Net | -$11.00K | -$10.00K | $0.00 |
YoY Change | -100.0% | ||
Pretax Income | -$17.15M | -$14.61M | -$15.35M |
YoY Change | 17.55% | -4.81% | 64.28% |
Income Tax | $0.00 | $0.00 | |
% Of Pretax Income | |||
Net Earnings | -$17.15M | -$14.61M | -$15.35M |
YoY Change | 17.55% | -4.79% | 64.28% |
Net Earnings / Revenue | -5852.9% | -3076.63% | |
Basic Earnings Per Share | |||
Diluted Earnings Per Share | -$217.4K | -$217.4K | -$309.4K |
COMMON SHARES | |||
Basic Shares Outstanding | 78.70M shares | 64.34M shares | 49.63M shares |
Diluted Shares Outstanding |
Balance Sheet
Concept | 2014 Q3 | 2014 Q2 | 2013 Q2 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $85.20M | $78.00M | $74.20M |
YoY Change | 40.83% | 5.12% | -22.55% |
Cash & Equivalents | $19.70M | $41.90M | $23.48M |
Short-Term Investments | $65.50M | $36.10M | $50.70M |
Other Short-Term Assets | $1.762M | $951.0K | $1.978M |
YoY Change | 3.65% | -51.92% | -26.74% |
Inventory | |||
Prepaid Expenses | |||
Receivables | $300.0K | $500.0K | $1.000M |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $87.24M | $79.42M | $77.18M |
YoY Change | 35.67% | 2.91% | -26.98% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $3.129M | $3.444M | $4.715M |
YoY Change | -28.89% | -26.96% | -14.27% |
Goodwill | $11.61M | $11.61M | |
YoY Change | |||
Intangibles | $23.00M | $23.00M | |
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $508.0K | $515.0K | $442.0K |
YoY Change | 27.0% | 16.52% | 10.5% |
Total Long-Term Assets | $38.25M | $38.57M | $5.157M |
YoY Change | 696.88% | 647.95% | -12.59% |
TOTAL ASSETS | |||
Total Short-Term Assets | $87.24M | $79.42M | $77.18M |
Total Long-Term Assets | $38.25M | $38.57M | $5.157M |
Total Assets | $125.5M | $118.0M | $82.34M |
YoY Change | 81.6% | 43.31% | -26.22% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $11.30M | $9.900M | $9.000M |
YoY Change | 37.8% | 10.0% | -1.1% |
Accrued Expenses | |||
YoY Change | |||
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | $2.500M | $1.300M | $400.0K |
YoY Change | 525.0% | 225.0% | -50.0% |
Total Short-Term Liabilities | $13.82M | $11.17M | $9.967M |
YoY Change | 60.78% | 12.08% | -44.04% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $11.80M | $13.10M | $100.0K |
YoY Change | 13000.0% | -80.0% | |
Other Long-Term Liabilities | $514.0K | $748.0K | $32.70M |
YoY Change | -98.49% | -97.71% | 62.69% |
Total Long-Term Liabilities | $514.0K | $748.0K | $32.80M |
YoY Change | -98.49% | -97.72% | 59.22% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $13.82M | $11.17M | $9.967M |
Total Long-Term Liabilities | $514.0K | $748.0K | $32.80M |
Total Liabilities | $14.34M | $11.92M | $42.80M |
YoY Change | -66.34% | -72.15% | 11.46% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$426.2M | -$409.1M | -$351.7M |
YoY Change | 16.37% | 16.32% | |
Common Stock | $469.5M | $445.4M | $391.3M |
YoY Change | 19.54% | 13.84% | |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $43.28M | $36.31M | $39.56M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $125.5M | $118.0M | $82.34M |
YoY Change | 81.59% | 43.31% | -26.22% |
Cashflow Statement
Concept | 2014 Q3 | 2014 Q2 | 2013 Q2 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$17.15M | -$14.61M | -$15.35M |
YoY Change | 17.55% | -4.79% | 64.28% |
Depreciation, Depletion And Amortization | $370.0K | $400.0K | $450.0K |
YoY Change | -13.95% | -11.11% | 2.27% |
Cash From Operating Activities | -$15.12M | -$11.82M | -$10.26M |
YoY Change | 11.92% | 15.2% | -7.82% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$60.00K | -$90.00K | -$210.0K |
YoY Change | -14.29% | -57.14% | -75.58% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | -$29.42M | $8.030M | $7.300M |
YoY Change | -245.28% | 10.0% | -56.39% |
Cash From Investing Activities | -$29.47M | $7.930M | $7.100M |
YoY Change | -246.04% | 11.69% | -55.29% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 22.36M | 18.26M | -100.0K |
YoY Change | -22460.0% | -18360.0% | -75.61% |
NET CHANGE | |||
Cash From Operating Activities | -15.12M | -11.82M | -10.26M |
Cash From Investing Activities | -29.47M | 7.930M | 7.100M |
Cash From Financing Activities | 22.36M | 18.26M | -100.0K |
Net Change In Cash | -22.23M | 14.37M | -3.260M |
YoY Change | -438.36% | -540.8% | -175.12% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$15.12M | -$11.82M | -$10.26M |
Capital Expenditures | -$60.00K | -$90.00K | -$210.0K |
Free Cash Flow | -$15.06M | -$11.73M | -$10.05M |
YoY Change | 12.05% | 16.72% | -2.14% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
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Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
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Cash And Cash Equivalents At Carrying Value
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Cash And Cash Equivalents Fair Value Disclosure
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Cash And Cash Equivalents Fair Value Disclosure
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Available For Sale Securities Amortized Cost
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Available For Sale Securities Amortized Cost
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Cash Cash Equivalents And Short Term Investments
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Cash Cash Equivalents And Short Term Investments
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|
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|
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Available For Sale Securities Accumulated Gross Unrealized Loss Before Tax
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|
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Cash Cash Equivalents And Short Term Investments Fair Value Disclosure
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|
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Available For Sale Securities Gross Realized Gain Loss Net
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|
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Available For Sale Securities Gross Realized Gain Loss Net
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Available For Sale Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
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|
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Available For Sale Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue
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Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
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Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
2000 | USD |
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Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
3000 | USD |
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Accumulated Other Comprehensive Income Loss Net Of Tax
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|
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Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
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Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
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Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
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|
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Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
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Weighted Average Number Of Share Outstanding Basic And Diluted
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|
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Weighted Average Number Of Share Outstanding Basic And Diluted
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Business Acquisitions Pro Forma Net Income Loss
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Business Acquisitions Pro Forma Net Income Loss
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Goodwill Acquired During Period
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Goodwill
Goodwill
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Indefinitelived Intangible Assets Acquired
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Intangible Assets Net Excluding Goodwill
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Common Stock Shares Authorized
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|
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Common Stock Voting Rights For Each Share Held
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Number Of Inputs Used To Determine Value Of Warrants
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Allocated Share Based Compensation Expense
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|
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|
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Fair Value Assets Level1 To Level2 Transfers Amount
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Fair Value Assets Level2 To Level1 Transfers Amount
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Warrants And Rights Outstanding
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Restructuring Charges
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|
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Restructuring Reserve
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Restructuring Reserve
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Payments For Restructuring
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dei |
Entity Registrant Name
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|
AMICUS THERAPEUTICS INC | ||
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Entity Central Index Key
EntityCentralIndexKey
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Document Type
DocumentType
|
10-Q | ||
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Document Period End Date
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2014-06-30 | ||
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Amendment Flag
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Current Fiscal Year End Date
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Entity Current Reporting Status
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Entity Filer Category
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Accelerated Filer | ||
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2014 | ||
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Receivables Net Current
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Other Assets Current
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Assets Current
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Property Plant And Equipment Net
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Intangible Assets Net Excluding Goodwill
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|
23000000 | USD |
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Goodwill
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Assets Current
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Secured Long Term Debt
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Interest Expense
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|
13104000 | USD |
CY2014Q2 | us-gaap |
Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
|
10800000 | USD |
CY2014Q2 | us-gaap |
Deferred Tax Liabilities Gross Noncurrent
DeferredTaxLiabilitiesGrossNoncurrent
|
9186000 | USD |
CY2014Q2 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
748000 | USD |
CY2014Q2 | us-gaap |
Common Stock Value
CommonStockValue
|
789000 | USD |
CY2014Q2 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
444600000 | USD |
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
889000 | USD | |
us-gaap |
Operating Expenses
OperatingExpenses
|
33256000 | USD | |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-33256000 | USD | |
CY2014Q2 | us-gaap |
Research And Development Expense Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost
|
9978000 | USD |
CY2014Q2 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
4753000 | USD |
us-gaap |
Research And Development Expense Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost
|
19970000 | USD | |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
9929000 | USD | |
us-gaap |
Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
|
200000 | USD | |
CY2014Q2 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
396000 | USD |
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
808000 | USD | |
CY2014Q2 | us-gaap |
Operating Expenses
OperatingExpenses
|
14741000 | USD |
CY2014Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-14266000 | USD |
us-gaap |
Operating Expenses
OperatingExpenses
|
30818000 | USD | |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-29887000 | USD | |
CY2013Q2 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
46000 | USD |
CY2014Q2 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
36000 | USD |
us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
111000 | USD | |
us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
78000 | USD | |
CY2013Q2 | us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
-619000 | USD |
us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
-357000 | USD | |
CY2013Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-15349000 | USD |
CY2014Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-14614000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-32807000 | USD | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-30557000 | USD | |
us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.66 | ||
CY2014Q2 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.22 | |
us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.46 | ||
CY2014Q2 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-10000 | USD |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-19000 | USD | |
CY2013Q2 | us-gaap |
Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
|
-12000 | USD |
CY2014Q2 | us-gaap |
Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
|
-4000 | USD |
us-gaap |
Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
|
2291000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
-24161000 | USD | |
us-gaap |
Increase Decrease In Due From Related Parties Current
IncreaseDecreaseInDueFromRelatedPartiesCurrent
|
-607000 | USD | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-4245000 | USD | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-155000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
-22039000 | USD | |
us-gaap |
Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
|
42434000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
18170000 | USD | |
us-gaap |
Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
|
-11000 | USD | |
CY2014Q2 | us-gaap |
Restructuring Charges
RestructuringCharges
|
-81000 | USD |
us-gaap |
Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
|
-3000 | USD | |
CY2013Q2 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
-12000 | USD |
CY2014Q2 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
-4000 | USD |
us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
-11000 | USD | |
us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
-3000 | USD | |
CY2013Q2 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-15361000 | USD |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-32818000 | USD | |
CY2014Q2 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-14618000 | USD |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-30560000 | USD | |
us-gaap |
Paid In Kind Interest
PaidInKindInterest
|
115000 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
3157000 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
2748000 | USD | |
us-gaap |
Increase Decrease In Due From Related Parties Current
IncreaseDecreaseInDueFromRelatedPartiesCurrent
|
-2201000 | USD | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-292000 | USD | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
173000 | USD | |
us-gaap |
Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
|
27994000 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
575000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
13865000 | USD | |
us-gaap |
Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
|
31114000 | USD | |
us-gaap |
Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
|
28849000 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
132000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
2133000 | USD | |
us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
25000 | USD | |
us-gaap |
Repayments Of Secured Debt
RepaymentsOfSecuredDebt
|
199000 | USD | |
us-gaap |
Net Cash Provided By Used In Continuing Operations
NetCashProvidedByUsedInContinuingOperations
|
-10495000 | USD | |
us-gaap |
Net Cash Provided By Used In Continuing Operations
NetCashProvidedByUsedInContinuingOperations
|
-1736000 | USD | |
us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
-25000 | USD | |
CY2013Q4 | us-gaap |
Available For Sale Securities
AvailableForSaleSecurities
|
38360000 | USD |
us-gaap |
Restructuring Charges
RestructuringCharges
|
-89000 | USD | |
CY2014Q2 | us-gaap |
Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
|
-305000 | USD |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
11556000 | shares | |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
12164000 | shares | |
CY2013Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-15349000 | USD |
CY2014Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-14614000 | USD |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-32807000 | USD | |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-30557000 | USD | |
CY2014Q2 | us-gaap |
Receivables Net Current
ReceivablesNetCurrent
|
475000 | USD |