2017 Q2 Form 10-Q Financial Statement

#000159036417000013 Filed on August 04, 2017

View on sec.gov

Income Statement

Concept 2017 Q2 2016 Q2
Revenue $51.19M $33.20M
YoY Change 54.22% -1.1%
Cost Of Revenue $3.900M $4.200M
YoY Change -7.14% 20.0%
Gross Profit $47.30M $29.00M
YoY Change 63.1% -3.65%
Gross Profit Margin 92.39% 87.36%
Selling, General & Admin $3.300M $3.400M
YoY Change -2.94% 70.0%
% of Gross Profit 6.98% 11.72%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $20.22M $14.70M
YoY Change 37.55% 36.56%
% of Gross Profit 42.75% 50.69%
Operating Expenses $21.32M $17.55M
YoY Change 21.5% -0.28%
Operating Profit $25.98M $11.45M
YoY Change 126.88% -8.41%
Interest Expense $7.684M $5.120M
YoY Change 50.08% 7.63%
% of Operating Profit 29.58% 44.72%
Other Income/Expense, Net $1.776M -$6.234M
YoY Change -128.49% -483.39%
Pretax Income -$5.345M -$19.88M
YoY Change -73.11% 297.24%
Income Tax $464.0K $178.0K
% Of Pretax Income
Net Earnings -$1.460M -$11.19M
YoY Change -86.96% 1237.28%
Net Earnings / Revenue -2.85% -33.72%
Basic Earnings Per Share -$0.02 -$0.15
Diluted Earnings Per Share -$0.02 -$0.15
COMMON SHARES
Basic Shares Outstanding 75.76M shares 75.73M shares
Diluted Shares Outstanding 75.76M shares 75.73M shares

Balance Sheet

Concept 2017 Q2 2016 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $32.60M $276.2M
YoY Change -88.2% -51.65%
Cash & Equivalents $32.58M $276.2M
Short-Term Investments
Other Short-Term Assets $51.50M $69.60M
YoY Change -26.01% 291.01%
Inventory
Prepaid Expenses
Receivables $26.70M $18.80M
Other Receivables $0.00 $0.00
Total Short-Term Assets $110.8M $364.6M
YoY Change -69.61% -39.48%
LONG-TERM ASSETS
Property, Plant & Equipment $426.9M $302.6M
YoY Change 41.1% 7.28%
Goodwill $116.6M $116.6M
YoY Change 0.0% 0.84%
Intangibles $34.71M $39.73M
YoY Change -12.65% -14.39%
Long-Term Investments $58.19M $9.976M
YoY Change 483.31% -54.96%
Other Assets
YoY Change
Total Long-Term Assets $1.633B $1.210B
YoY Change 34.96% -14.07%
TOTAL ASSETS
Total Short-Term Assets $110.8M $364.6M
Total Long-Term Assets $1.633B $1.210B
Total Assets $1.744B $1.575B
YoY Change 10.74% -21.69%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $48.30M $33.60M
YoY Change 43.75% 14.68%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $8.078M $8.343M
YoY Change -3.18% -64.51%
Total Short-Term Liabilities $80.70M $50.80M
YoY Change 58.86% 19.81%
LONG-TERM LIABILITIES
Long-Term Debt $486.7M $262.9M
YoY Change 85.13% -55.01%
Other Long-Term Liabilities $75.00M $45.90M
YoY Change 63.4% 10.6%
Total Long-Term Liabilities $561.7M $308.8M
YoY Change 81.9% -50.66%
TOTAL LIABILITIES
Total Short-Term Liabilities $80.70M $50.80M
Total Long-Term Liabilities $561.7M $308.8M
Total Liabilities $642.5M $359.6M
YoY Change 78.66% -46.17%
SHAREHOLDERS EQUITY
Retained Earnings -$44.71M -$35.74M
YoY Change 25.08% 1432.76%
Common Stock $758.0K $757.0K
YoY Change 0.13% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $996.8M $1.100B
YoY Change
Total Liabilities & Shareholders Equity $1.744B $1.575B
YoY Change 10.74% -21.69%

Cashflow Statement

Concept 2017 Q2 2016 Q2
OPERATING ACTIVITIES
Net Income -$1.460M -$11.19M
YoY Change -86.96% 1237.28%
Depreciation, Depletion And Amortization $20.22M $14.70M
YoY Change 37.55% 36.56%
Cash From Operating Activities $15.60M $4.800M
YoY Change 225.0% -42.86%
INVESTING ACTIVITIES
Capital Expenditures -$197.1M -$58.60M
YoY Change 236.35% 11.41%
Acquisitions
YoY Change
Other Investing Activities $16.50M $5.700M
YoY Change 189.47% -670.0%
Cash From Investing Activities -$180.6M -$52.90M
YoY Change 241.4% -1.12%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -28.20M -23.60M
YoY Change 19.49% -104.07%
NET CHANGE
Cash From Operating Activities 15.60M 4.800M
Cash From Investing Activities -180.6M -52.90M
Cash From Financing Activities -28.20M -23.60M
Net Change In Cash -193.2M -71.70M
YoY Change 169.46% -113.42%
FREE CASH FLOW
Cash From Operating Activities $15.60M $4.800M
Capital Expenditures -$197.1M -$58.60M
Free Cash Flow $212.7M $63.40M
YoY Change 235.49% 3.93%

Facts In Submission

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us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.66
CY2016Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2017Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2016Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
2000000000 shares
CY2017Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
2000000000 shares
CY2016Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
75750943 shares
CY2017Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
75762674 shares
CY2016Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
75750943 shares
CY2017Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
75762674 shares
CY2016Q4 us-gaap Common Stock Value
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758000 USD
CY2017Q2 us-gaap Common Stock Value
CommonStockValue
758000 USD
CY2016Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-11193000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-17072000 USD
CY2017Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-7596000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-7150000 USD
CY2016Q2 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-8863000 USD
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-12158000 USD
CY2017Q2 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-4349000 USD
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-9147000 USD
CY2016Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-20056000 USD
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-29230000 USD
CY2017Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-11945000 USD
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-16297000 USD
CY2016Q2 us-gaap Costs And Expenses
CostsAndExpenses
46839000 USD
us-gaap Costs And Expenses
CostsAndExpenses
87712000 USD
CY2017Q2 us-gaap Costs And Expenses
CostsAndExpenses
58315000 USD
us-gaap Costs And Expenses
CostsAndExpenses
110579000 USD
CY2016Q2 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
143000 USD
us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
162000 USD
CY2017Q2 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
195000 USD
us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
316000 USD
CY2016Q2 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
15000 USD
us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
26000 USD
CY2017Q2 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
20000 USD
us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
41000 USD
CY2016Q2 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
167000 USD
us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
228000 USD
CY2017Q2 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
210000 USD
us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
405000 USD
CY2016Q2 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
9000 USD
us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
40000 USD
CY2017Q2 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
-5000 USD
us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
48000 USD
CY2016Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
266001000 USD
CY2017Q2 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
506457000 USD
CY2017Q2 us-gaap Debt Instrument Convertible Conversion Ratio1
DebtInstrumentConvertibleConversionRatio1
1.65
CY2017Q1 us-gaap Debt Instrument Interest Rate Stated Percentage
DebtInstrumentInterestRateStatedPercentage
0.0275
CY2016Q2 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-4000 USD
us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
1000 USD
CY2017Q2 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
44000 USD
us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
48000 USD
CY2016Q2 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
14000 USD
us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-118000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
271000 USD
us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
-308000 USD
us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
80000 USD
CY2016Q2 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
1000 USD
us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
1000 USD
CY2017Q2 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
0 USD
us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
0 USD
CY2016Q2 us-gaap Depreciation
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3350000 USD
us-gaap Depreciation
Depreciation
6376000 USD
CY2017Q2 us-gaap Depreciation
Depreciation
3353000 USD
us-gaap Depreciation
Depreciation
6657000 USD
CY2017Q2 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
210000 USD
us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
223000 USD
CY2016Q2 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
11000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-116000 USD
CY2017Q2 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
254000 USD
CY2016Q2 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
14701000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
27918000 USD
CY2017Q2 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
20221000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
37598000 USD
CY2016Q2 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
0 USD
us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
-3000 USD
CY2017Q2 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
0 USD
us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
0 USD
us-gaap Dividends Common Stock
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50024000 USD
CY2016Q2 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.15
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.22
CY2017Q2 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.02
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.08
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35
us-gaap Employee Service Share Based Compensation Cash Flow Effect Cash Used To Settle Awards
EmployeeServiceShareBasedCompensationCashFlowEffectCashUsedToSettleAwards
200000 USD
CY2017Q2 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
25651000 USD
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
30000 USD
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
0 USD
CY2016Q4 us-gaap Equity Method Investments
EquityMethodInvestments
39978000 USD
CY2017Q2 us-gaap Equity Method Investments
EquityMethodInvestments
58191000 USD
CY2016Q2 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
1545000 USD
us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
3267000 USD
CY2017Q2 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
1999000 USD
us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
4017000 USD
CY2016Q2 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-1579000 USD
CY2017Q2 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-2456000 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-2456000 USD
CY2016Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
3361000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
5949000 USD
CY2017Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
3341000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
7176000 USD
CY2016Q4 us-gaap Goodwill
Goodwill
116584000 USD
CY2017Q2 us-gaap Goodwill
Goodwill
116584000 USD
CY2016Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-19878000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-29021000 USD
CY2017Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-5345000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-14345000 USD
CY2016Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-259000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-174000 USD
CY2017Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-327000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-1593000 USD
CY2016Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
178000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
112000 USD
CY2017Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
464000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
676000 USD
CY2016Q2 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
69000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
420000 USD
CY2017Q2 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
592000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
595000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
4603000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
1871000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
4413000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
6268000 USD
us-gaap Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
-152000 USD
us-gaap Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
-578000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
7410000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-9909000 USD
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
3210000 USD
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-627000 USD
us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
6678000 USD
us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
-13988000 USD
CY2016Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
38954000 USD
CY2017Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
34707000 USD
CY2016Q2 us-gaap Interest Expense
InterestExpense
5120000 USD
us-gaap Interest Expense
InterestExpense
10423000 USD
CY2017Q2 us-gaap Interest Expense
InterestExpense
7684000 USD
us-gaap Interest Expense
InterestExpense
12378000 USD
CY2016Q2 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-128000 USD
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
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CY2017Q2 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
84000 USD
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
367000 USD
CY2016Q2 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
1314000 USD
us-gaap Lease And Rental Expense
LeaseAndRentalExpense
2527000 USD
CY2017Q2 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
1279000 USD
us-gaap Lease And Rental Expense
LeaseAndRentalExpense
2520000 USD
CY2016Q4 us-gaap Liabilities
Liabilities
381632000 USD
CY2017Q2 us-gaap Liabilities
Liabilities
642457000 USD
CY2016Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1547312000 USD
CY2017Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1743707000 USD
CY2016Q4 us-gaap Limited Liability Company Llc Members Equity Including Portion Attributable To Noncontrolling Interest
LimitedLiabilityCompanyLlcMembersEquityIncludingPortionAttributableToNoncontrollingInterest
1165680000 USD
CY2017Q2 us-gaap Limited Liability Company Llc Members Equity Including Portion Attributable To Noncontrolling Interest
LimitedLiabilityCompanyLlcMembersEquityIncludingPortionAttributableToNoncontrollingInterest
1101250000 USD
CY2016Q4 us-gaap Long Term Debt
LongTermDebt
259512000 USD
CY2017Q2 us-gaap Long Term Debt
LongTermDebt
494754000 USD
CY2016Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
8078000 USD
CY2017Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
8078000 USD
CY2016Q4 us-gaap Members Equity
MembersEquity
1053812000 USD
CY2017Q2 us-gaap Members Equity
MembersEquity
996798000 USD
CY2016Q4 us-gaap Members Equity Attributable To Noncontrolling Interest
MembersEquityAttributableToNoncontrollingInterest
111868000 USD
CY2017Q2 us-gaap Members Equity Attributable To Noncontrolling Interest
MembersEquityAttributableToNoncontrollingInterest
104452000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-89107000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
186087000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-17378000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-254842000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
990000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
33275000 USD
CY2016Q2 us-gaap Net Income Loss
NetIncomeLoss
-11193000 USD
us-gaap Net Income Loss
NetIncomeLoss
-16975000 USD
CY2017Q2 us-gaap Net Income Loss
NetIncomeLoss
-1460000 USD
us-gaap Net Income Loss
NetIncomeLoss
-5874000 USD
CY2016Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-8863000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-12158000 USD
CY2017Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-4349000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-9147000 USD
us-gaap Noncash Or Part Noncash Acquisition Fixed Assets Acquired1
NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1
47000 USD
us-gaap Noncash Or Part Noncash Acquisition Fixed Assets Acquired1
NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1
30915000 USD
CY2016Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
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us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-5957000 USD
CY2017Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
1776000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
367000 USD
CY2016Q4 us-gaap Notes Receivable Net
NotesReceivableNet
9717000 USD
CY2017Q2 us-gaap Notes Receivable Net
NotesReceivableNet
9492000 USD
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
2 segment
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
6 segment
CY2016Q2 us-gaap Operating Expenses
OperatingExpenses
17551000 USD
us-gaap Operating Expenses
OperatingExpenses
31909000 USD
CY2017Q2 us-gaap Operating Expenses
OperatingExpenses
21324000 USD
us-gaap Operating Expenses
OperatingExpenses
42337000 USD
CY2017Q2 us-gaap Operating Leases Future Minimum Payments Receivable
OperatingLeasesFutureMinimumPaymentsReceivable
196029000 USD
CY2017Q2 us-gaap Operating Leases Future Minimum Payments Receivable In Five Years
OperatingLeasesFutureMinimumPaymentsReceivableInFiveYears
16103000 USD
CY2017Q2 us-gaap Operating Leases Future Minimum Payments Receivable In Four Years
OperatingLeasesFutureMinimumPaymentsReceivableInFourYears
23348000 USD
CY2017Q2 us-gaap Operating Leases Future Minimum Payments Receivable In Three Years
OperatingLeasesFutureMinimumPaymentsReceivableInThreeYears
40671000 USD
CY2017Q2 us-gaap Operating Leases Future Minimum Payments Receivable In Two Years
OperatingLeasesFutureMinimumPaymentsReceivableInTwoYears
64449000 USD
CY2017Q2 us-gaap Operating Leases Future Minimum Payments Receivable Remainder Of Fiscal Year
OperatingLeasesFutureMinimumPaymentsReceivableRemainderOfFiscalYear
44892000 USD
CY2017Q2 us-gaap Operating Leases Future Minimum Payments Receivable Thereafter
OperatingLeasesFutureMinimumPaymentsReceivableThereafter
6566000 USD
CY2016Q2 us-gaap Operating Leases Income Statement Depreciation Expense On Property Subject To Or Held For Lease
OperatingLeasesIncomeStatementDepreciationExpenseOnPropertySubjectToOrHeldForLease
10451000 USD
us-gaap Operating Leases Income Statement Depreciation Expense On Property Subject To Or Held For Lease
OperatingLeasesIncomeStatementDepreciationExpenseOnPropertySubjectToOrHeldForLease
19743000 USD
CY2017Q2 us-gaap Operating Leases Income Statement Depreciation Expense On Property Subject To Or Held For Lease
OperatingLeasesIncomeStatementDepreciationExpenseOnPropertySubjectToOrHeldForLease
15969000 USD
us-gaap Operating Leases Income Statement Depreciation Expense On Property Subject To Or Held For Lease
OperatingLeasesIncomeStatementDepreciationExpenseOnPropertySubjectToOrHeldForLease
29142000 USD
CY2016Q4 us-gaap Other Assets
OtherAssets
69589000 USD
CY2017Q2 us-gaap Other Assets
OtherAssets
32630000 USD
CY2016Q2 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
0 USD
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
0 USD
CY2017Q2 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
-6136000 USD
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
-1276000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-1276000 USD
CY2016Q2 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
0 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-97000 USD
CY2017Q2 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
0 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
0 USD
CY2016Q4 us-gaap Other Liabilities
OtherLiabilities
18540000 USD
CY2017Q2 us-gaap Other Liabilities
OtherLiabilities
21138000 USD
CY2016Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
58000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
98000 USD
CY2017Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
20000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
32000 USD
us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
269000 USD
us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
331000 USD
us-gaap Partners Capital Account Contributions
PartnersCapitalAccountContributions
1201000 USD
us-gaap Payments For Advance To Affiliate
PaymentsForAdvanceToAffiliate
0 USD
us-gaap Payments For Advance To Affiliate
PaymentsForAdvanceToAffiliate
21172000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
50007000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
50024000 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
3935000 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
2722000 USD
us-gaap Payments To Acquire Equipment On Lease
PaymentsToAcquireEquipmentOnLease
83714000 USD
us-gaap Payments To Acquire Equipment On Lease
PaymentsToAcquireEquipmentOnLease
224070000 USD
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
803000 USD
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
197000 USD
us-gaap Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
2119000 USD
us-gaap Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
0 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
13281000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
50688000 USD
us-gaap Proceeds From Collection Of Lease Receivables
ProceedsFromCollectionOfLeaseReceivables
2302000 USD
us-gaap Proceeds From Collection Of Lease Receivables
ProceedsFromCollectionOfLeaseReceivables
225000 USD
us-gaap Proceeds From Contributions From Affiliates
ProceedsFromContributionsFromAffiliates
7433000 USD
us-gaap Proceeds From Contributions From Affiliates
ProceedsFromContributionsFromAffiliates
0 USD
us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
432000 USD
us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
0 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
108658000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
243911000 USD
us-gaap Proceeds From Sale Of Other Assets Investing Activities
ProceedsFromSaleOfOtherAssetsInvestingActivities
0 USD
us-gaap Proceeds From Sale Of Other Assets Investing Activities
ProceedsFromSaleOfOtherAssetsInvestingActivities
2505000 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
78000 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
51000 USD
CY2016Q2 us-gaap Profit Loss
ProfitLoss
-20056000 USD
us-gaap Profit Loss
ProfitLoss
-29133000 USD
CY2017Q2 us-gaap Profit Loss
ProfitLoss
-5809000 USD
us-gaap Profit Loss
ProfitLoss
-15021000 USD
us-gaap Property Plant And Equipment Additions
PropertyPlantAndEquipmentAdditions
81508000 USD
CY2016Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
375350000 USD
CY2017Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
456736000 USD
CY2016Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
352181000 USD
CY2017Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
426919000 USD
us-gaap Property Plant And Equipment Number Of Aircraft Sold
PropertyPlantAndEquipmentNumberOfAircraftSold
1 aircraft
CY2016Q4 us-gaap Property Subject To Or Available For Operating Lease Accumulated Depreciation
PropertySubjectToOrAvailableForOperatingLeaseAccumulatedDepreciation
84110000 USD
CY2017Q2 us-gaap Property Subject To Or Available For Operating Lease Accumulated Depreciation
PropertySubjectToOrAvailableForOperatingLeaseAccumulatedDepreciation
110590000 USD
CY2016Q4 us-gaap Property Subject To Or Available For Operating Lease Gross
PropertySubjectToOrAvailableForOperatingLeaseGross
849565000 USD
CY2017Q2 us-gaap Property Subject To Or Available For Operating Lease Gross
PropertySubjectToOrAvailableForOperatingLeaseGross
1065051000 USD
CY2016Q4 us-gaap Property Subject To Or Available For Operating Lease Net
PropertySubjectToOrAvailableForOperatingLeaseNet
765455000 USD
CY2017Q2 us-gaap Property Subject To Or Available For Operating Lease Net
PropertySubjectToOrAvailableForOperatingLeaseNet
954461000 USD
CY2016Q2 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
23000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
55000 USD
CY2017Q2 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
32000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
63000 USD
CY2017Q2 us-gaap Ratio Of Indebtedness To Net Capital1
RatioOfIndebtednessToNetCapital1
3
CY2016Q2 us-gaap Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
4231000 USD
us-gaap Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
8579000 USD
CY2017Q2 us-gaap Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
3865000 USD
us-gaap Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
7758000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
153721000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
11875000 USD
CY2016Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
65441000 USD
CY2017Q2 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
51453000 USD
CY2016Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-38833000 USD
CY2017Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-44707000 USD
CY2016Q2 us-gaap Sales Revenue Net
SalesRevenueNet
33195000 USD
us-gaap Sales Revenue Net
SalesRevenueNet
64648000 USD
CY2017Q2 us-gaap Sales Revenue Net
SalesRevenueNet
51194000 USD
us-gaap Sales Revenue Net
SalesRevenueNet
95867000 USD
CY2016Q4 us-gaap Security Deposit Liability
SecurityDepositLiability
19947000 USD
CY2017Q2 us-gaap Security Deposit Liability
SecurityDepositLiability
24347000 USD
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
160000 USD
CY2017Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1101250000 USD
CY2016Q4 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
6489000 USD
CY2017Q2 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
11703000 USD
CY2016Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
75730165 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
75728717 shares
CY2017Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
75762674 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
75762480 shares
CY2016Q2 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
75730165 shares
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
75728717 shares
CY2017Q2 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
75762674 shares
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
75762480 shares
CY2016Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
75730165 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
75728717 shares
CY2017Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
75762674 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
75762480 shares
us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:12px;text-align:justify;padding-left:24px;font-size:9pt;"><font style="font-family:Arial;font-size:9pt;color:#00497f;font-style:italic;font-weight:bold;">Concentration of Credit Risk</font><font style="font-family:Arial;font-size:9pt;color:#00497f;">&#8212;</font><font style="font-family:Arial;font-size:9pt;">The Company is subject to concentrations of credit risk with respect to amounts due from customers on its finance lease and operating leases. The Company attempts to limit its credit risk by performing ongoing credit evaluations. During the </font><font style="font-family:Arial;font-size:9pt;">three and six</font><font style="font-family:Arial;font-size:9pt;"> months ended </font><font style="font-family:Arial;font-size:9pt;">June&#160;30, 2017</font><font style="font-family:Arial;font-size:9pt;">, the Company had </font><font style="font-family:Arial;font-size:9pt;">no</font><font style="font-family:Arial;font-size:9pt;"> revenue concentration over 10% of total revenue from any one customer. During the </font><font style="font-family:Arial;font-size:9pt;">three and six</font><font style="font-family:Arial;font-size:9pt;"> months ended </font><font style="font-family:Arial;font-size:9pt;">June&#160;30, 2016</font><font style="font-family:Arial;font-size:9pt;">, the Company earned approximately </font><font style="font-family:Arial;font-size:9pt;">9.5%</font><font style="font-family:Arial;font-size:9pt;"> and </font><font style="font-family:Arial;font-size:9pt;">10.9%</font><font style="font-family:Arial;font-size:9pt;">, respectively, of its revenue from </font><font style="font-family:Arial;font-size:9pt;">one</font><font style="font-family:Arial;font-size:9pt;"> customer in the Jefferson Terminal segment.</font></div><div style="line-height:120%;padding-top:12px;text-align:justify;padding-left:24px;font-size:9pt;"><font style="font-family:Arial;font-size:9pt;">As of </font><font style="font-family:Arial;font-size:9pt;">June&#160;30, 2017</font><font style="font-family:Arial;font-size:9pt;">, accounts receivable from </font><font style="font-family:Arial;font-size:9pt;">two</font><font style="font-family:Arial;font-size:9pt;"> customers in the Offshore Energy segment each represented </font><font style="font-family:Arial;font-size:9pt;">14%</font><font style="font-family:Arial;font-size:9pt;"> of total accounts receivable, net. As of </font><font style="font-family:Arial;font-size:9pt;">December&#160;31, 2016</font><font style="font-family:Arial;font-size:9pt;">, accounts receivable from </font><font style="font-family:Arial;font-size:9pt;">two</font><font style="font-family:Arial;font-size:9pt;"> customers in the Offshore Segment each represented </font><font style="font-family:Arial;font-size:9pt;">22%</font><font style="font-family:Arial;font-size:9pt;"> and </font><font style="font-family:Arial;font-size:9pt;">18%</font><font style="font-family:Arial;font-size:9pt;"> of total accounts receivable, net.</font></div><div style="line-height:120%;padding-top:12px;text-align:justify;padding-left:24px;font-size:9pt;"><font style="font-family:Arial;font-size:9pt;">The Company maintains cash and restricted cash balances, which generally exceed federally insured limits, and subject the Company to credit risk, in high credit quality financial institutions. The Company monitors the financial condition of these institutions and has not experienced any losses associated with these accounts.</font></div></div>
us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:12px;text-align:justify;padding-left:24px;font-size:9pt;"><font style="font-family:Arial;font-size:9pt;color:#00497f;font-style:italic;font-weight:bold;">Use of Estimates</font><font style="font-family:Arial;font-size:9pt;color:#00497f;">&#8212;</font><font style="font-family:Arial;font-size:9pt;">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.</font></div></div>

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