2018 Q2 Form 10-Q Financial Statement

#000157968418000005 Filed on May 03, 2018

View on sec.gov

Income Statement

Concept 2018 Q2 2017 Q1
Revenue $340.8M $307.5M
YoY Change 5.54% 2.47%
Cost Of Revenue $196.4M $177.8M
YoY Change 10.96% 1.89%
Gross Profit $144.4M $129.7M
YoY Change -1.03% 3.18%
Gross Profit Margin 42.38% 42.18%
Selling, General & Admin $118.8M $106.2M
YoY Change 11.4% 6.11%
% of Gross Profit 82.28% 81.88%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $19.25M $17.60M
YoY Change 2.6% 9.4%
% of Gross Profit 13.33% 13.57%
Operating Expenses $118.8M $106.2M
YoY Change 11.4% 6.11%
Operating Profit $23.31M -$3.016M
YoY Change -452.23% -142.9%
Interest Expense $8.352M $7.218M
YoY Change 15.73% -1.85%
% of Operating Profit 35.82%
Other Income/Expense, Net $520.0K $217.0K
YoY Change 400.0% 32.32%
Pretax Income $14.65M -$10.02M
YoY Change -206.7% 6160.0%
Income Tax -$116.0K -$6.331M
% Of Pretax Income -0.79%
Net Earnings -$665.0K -$3.685M
YoY Change -96.93% -174.19%
Net Earnings / Revenue -0.2% -1.2%
Basic Earnings Per Share $0.20 -$0.07
Diluted Earnings Per Share $0.20 -$0.07
COMMON SHARES
Basic Shares Outstanding 52.93M shares 53.19M shares
Diluted Shares Outstanding 52.93M shares 53.19M shares

Balance Sheet

Concept 2018 Q2 2017 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $67.00M $135.9M
YoY Change -56.58% 71.16%
Cash & Equivalents $67.03M $135.9M
Short-Term Investments
Other Short-Term Assets $25.60M $19.71M
YoY Change 22.65% 14.74%
Inventory $22.27M $17.79M
Prepaid Expenses
Receivables $133.9M $126.8M
Other Receivables $0.00 $0.00
Total Short-Term Assets $279.8M $326.4M
YoY Change -18.74% 27.33%
LONG-TERM ASSETS
Property, Plant & Equipment $358.5M $382.2M
YoY Change -0.83% 0.22%
Goodwill $243.7M $229.4M
YoY Change 21.39% 11.23%
Intangibles $413.8M $348.2M
YoY Change 21.41% 2.62%
Long-Term Investments
YoY Change
Other Assets $9.130M $5.671M
YoY Change 52.4% -42.5%
Total Long-Term Assets $1.025B $965.5M
YoY Change 12.77% 3.06%
TOTAL ASSETS
Total Short-Term Assets $279.8M $326.4M
Total Long-Term Assets $1.025B $965.5M
Total Assets $1.305B $1.292B
YoY Change 4.11% 8.27%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $19.26M $23.01M
YoY Change -24.44% 72.53%
Accrued Expenses $77.76M $70.64M
YoY Change 10.32% -3.91%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $12.10M $4.400M
YoY Change 175.0% -67.41%
Total Short-Term Liabilities $204.4M $179.6M
YoY Change 14.15% 4.03%
LONG-TERM LIABILITIES
Long-Term Debt $396.5M $338.7M
YoY Change 17.14% -0.41%
Other Long-Term Liabilities $16.26M $12.67M
YoY Change 19.19% 12.2%
Total Long-Term Liabilities $412.8M $351.3M
YoY Change 17.22% -0.01%
TOTAL LIABILITIES
Total Short-Term Liabilities $204.4M $179.6M
Total Long-Term Liabilities $412.8M $351.3M
Total Liabilities $650.3M $559.2M
YoY Change 15.08% 0.68%
SHAREHOLDERS EQUITY
Retained Earnings -$3.417M $1.896M
YoY Change -87.47% -94.57%
Common Stock $665.3M $735.8M
YoY Change -7.65% 21.35%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $654.6M $732.7M
YoY Change
Total Liabilities & Shareholders Equity $1.305B $1.292B
YoY Change 4.11% 8.27%

Cashflow Statement

Concept 2018 Q2 2017 Q1
OPERATING ACTIVITIES
Net Income -$665.0K -$3.685M
YoY Change -96.93% -174.19%
Depreciation, Depletion And Amortization $19.25M $17.60M
YoY Change 2.6% 9.4%
Cash From Operating Activities $18.66M $18.25M
YoY Change -40.56% 85.67%
INVESTING ACTIVITIES
Capital Expenditures $1.929M $2.400M
YoY Change -180.38% -7.26%
Acquisitions $29.41M $21.71M
YoY Change -63.03%
Other Investing Activities -$20.20M -$21.40M
YoY Change -244.29% -63.42%
Cash From Investing Activities -$22.13M -$23.82M
YoY Change -290.78% -61.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net -$109.9M $607.0K
YoY Change 71.95%
Debt Paid & Issued, Net $1.031M $10.88M
YoY Change 1140.25%
Cash From Financing Activities $27.44M -$30.79M
YoY Change -211.99% 92.4%
NET CHANGE
Cash From Operating Activities $18.66M $18.25M
Cash From Investing Activities -$22.13M -$23.82M
Cash From Financing Activities $27.44M -$30.79M
Net Change In Cash $23.97M -$36.36M
YoY Change 29.57% -45.93%
FREE CASH FLOW
Cash From Operating Activities $18.66M $18.25M
Capital Expenditures $1.929M $2.400M
Free Cash Flow $16.73M $15.85M
YoY Change -50.49% 118.9%

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LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
2062000 USD
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LongTermDebtNoncurrent
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LongTermDebtNoncurrent
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CY2017Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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CY2018Q2 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
27438000 USD
CY2017Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-23817000 USD
CY2018Q2 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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CY2017Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
18248000 USD
CY2018Q2 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
18663000 USD
CY2018Q2 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 segment
CY2017Q1 us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
177790000 USD
CY2018Q2 us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
196389000 USD
CY2017Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-3015000 USD
CY2018Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
7051000 USD
CY2017Q4 us-gaap Other Assets Current
OtherAssetsCurrent
23311000 USD
CY2018Q2 us-gaap Other Assets Current
OtherAssetsCurrent
25595000 USD
CY2017Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
7178000 USD
CY2018Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
9130000 USD
CY2018Q2 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
67000 USD
CY2018Q2 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
0 USD
CY2017Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
14759000 USD
CY2018Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
16258000 USD
CY2017Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
217000 USD
CY2018Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
520000 USD
CY2017Q4 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
23378000 USD
CY2018Q2 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
27920000 USD
CY2017Q1 us-gaap Other Restructuring Costs
OtherRestructuringCosts
145000 USD
CY2018Q2 us-gaap Other Restructuring Costs
OtherRestructuringCosts
915000 USD
CY2017Q1 us-gaap Other Sales Revenue Net
OtherSalesRevenueNet
41154000 USD
CY2018Q2 us-gaap Other Sales Revenue Net
OtherSalesRevenueNet
47515000 USD
CY2017Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
607000 USD
CY2018Q2 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
735000 USD
CY2017Q1 us-gaap Payments For Restructuring
PaymentsForRestructuring
2114000 USD
CY2018Q2 us-gaap Payments For Restructuring
PaymentsForRestructuring
2486000 USD
CY2017Q1 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
0 USD
CY2018Q2 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
500000 USD
CY2017Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
18876000 USD
CY2018Q2 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
20046000 USD
CY2017Q1 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
431000 USD
CY2018Q2 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
0 USD
CY2017Q1 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
21709000 USD
CY2018Q2 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
29409000 USD
CY2017Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
2400000 USD
CY2018Q2 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1929000 USD
CY2017Q4 us-gaap Pension And Other Postretirement And Postemployment Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementAndPostemploymentBenefitPlansLiabilitiesNoncurrent
25462000 USD
CY2018Q2 us-gaap Pension And Other Postretirement And Postemployment Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementAndPostemploymentBenefitPlansLiabilitiesNoncurrent
25177000 USD
CY2017Q1 us-gaap Pension And Other Postretirement Benefit Expense
PensionAndOtherPostretirementBenefitExpense
52000 USD
CY2018Q2 us-gaap Pension And Other Postretirement Benefit Expense
PensionAndOtherPostretirementBenefitExpense
97000 USD
CY2017Q1 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
0 USD
CY2018Q2 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
49750000 USD
CY2017Q1 us-gaap Profit Loss
ProfitLoss
-3685000 USD
CY2018Q2 us-gaap Profit Loss
ProfitLoss
-665000 USD
CY2017Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
373123000 USD
CY2018Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
358539000 USD
CY2017Q1 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
10877000 USD
CY2018Q2 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
1031000 USD
CY2017Q4 us-gaap Restricted Cash And Investments Current
RestrictedCashAndInvestmentsCurrent
3106000 USD
CY2018Q2 us-gaap Restricted Cash And Investments Current
RestrictedCashAndInvestmentsCurrent
3106000 USD
CY2017Q1 us-gaap Restructuring Charges
RestructuringCharges
2370000 USD
CY2018Q2 us-gaap Restructuring Charges
RestructuringCharges
2430000 USD
CY2017Q4 us-gaap Restructuring Reserve
RestructuringReserve
1083000 USD
CY2018Q2 us-gaap Restructuring Reserve
RestructuringReserve
1027000 USD
CY2017Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-2767000 USD
CY2018Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-3417000 USD
CY2017Q1 us-gaap Revenues
Revenues
307524000 USD
CY2018Q2 us-gaap Revenues
Revenues
340765000 USD
CY2017Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
106202000 USD
CY2018Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
118819000 USD
CY2017Q1 us-gaap Severance Costs1
SeveranceCosts1
2225000 USD
CY2018Q2 us-gaap Severance Costs1
SeveranceCosts1
1515000 USD
CY2017Q1 us-gaap Share Based Compensation
ShareBasedCompensation
831000 USD
CY2018Q2 us-gaap Share Based Compensation
ShareBasedCompensation
1163000 USD
CY2018Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
6216 shares
CY2018Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
16.48
CY2018Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
199966 shares
CY2018Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
16.36
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
342264 shares
CY2018Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
377353 shares
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
16.86
CY2018Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
16.05
CY2018Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
158661 shares
CY2018Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
18.17
CY2018Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
1837311 shares
CY2018Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
15.31
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
2245000 USD
CY2018Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
6097000 USD
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
2214811 shares
CY2018Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
2214811 shares
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
16.90
CY2018Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
14.96
CY2018Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Equity Instruments Other Than Options Aggregate Intrinsic Value Nonvested
SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueNonvested
6468000 USD
CY2018Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
4625000 USD
CY2018Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P7Y2M12D
CY2017Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue
4.08
CY2018Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue
4.08
CY2017 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P7Y8M12D
CY2018Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P7Y4M24D
CY2018Q2 us-gaap Stock Granted During Period Value Sharebased Compensation Gross
StockGrantedDuringPeriodValueSharebasedCompensationGross
225000 USD
CY2018Q2 us-gaap Stock Issued During Period Value Restricted Stock Award Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures
0 USD
CY2017Q2 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
100000000 USD
CY2017Q2 us-gaap Stock Repurchase Program Period In Force1
StockRepurchaseProgramPeriodInForce1
P0Y12M0D
CY2017Q2 us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
391120 shares
CY2017Q2 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
5001000 USD
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
674393000 USD
CY2018Q2 us-gaap Stockholders Equity
StockholdersEquity
654580000 USD
CY2017Q1 us-gaap Subscription Revenue
SubscriptionRevenue
110806000 USD
CY2018Q2 us-gaap Subscription Revenue
SubscriptionRevenue
129991000 USD
CY2017Q4 us-gaap Treasury Stock Common Shares
TreasuryStockCommonShares
140972 shares
CY2018Q2 us-gaap Treasury Stock Common Shares
TreasuryStockCommonShares
189914 shares
CY2017Q4 us-gaap Treasury Stock Common Value
TreasuryStockCommonValue
1081000 USD
CY2018Q2 us-gaap Treasury Stock Common Value
TreasuryStockCommonValue
1816000 USD
CY2018Q2 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
735000 USD
CY2018Q2 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
-69000 USD
CY2017Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
CY2018Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
CY2017Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
53186746 shares
CY2018Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
52934640 shares
CY2017Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
53186746 shares
CY2018Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
52934640 shares
CY2018Q2 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Reclassifications</font></div><div style="line-height:120%;padding-top:16px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Certain amounts in the prior period's condensed consolidated financial statements have been reclassified to conform to the current year presentation.</font></div></div>

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