2011 Q2 Form 10-Q Financial Statement
#000138627811000014 Filed on August 11, 2011
Income Statement
Concept | 2011 Q2 | 2010 Q2 |
---|---|---|
Revenue | $115.0M | $90.32M |
YoY Change | 27.36% | 46.38% |
Cost Of Revenue | ||
YoY Change | ||
Gross Profit | ||
YoY Change | ||
Gross Profit Margin | ||
Selling, General & Admin | $95.70M | $73.20M |
YoY Change | 30.74% | 76.81% |
% of Gross Profit | ||
Research & Development | $17.33M | $13.87M |
YoY Change | 24.93% | |
% of Gross Profit | ||
Depreciation & Amortization | $3.000M | $1.800M |
YoY Change | 66.67% | |
% of Gross Profit | ||
Operating Expenses | $95.68M | $73.16M |
YoY Change | 30.77% | 76.72% |
Operating Profit | $19.35M | $17.15M |
YoY Change | 12.8% | |
Interest Expense | $100.0K | $100.0K |
YoY Change | 0.0% | |
% of Operating Profit | 0.52% | 0.58% |
Other Income/Expense, Net | ||
YoY Change | ||
Pretax Income | $19.49M | $17.24M |
YoY Change | 13.04% | -15.5% |
Income Tax | $7.416M | $4.730M |
% Of Pretax Income | 38.06% | 27.44% |
Net Earnings | $12.07M | $12.51M |
YoY Change | -3.5% | 6.0% |
Net Earnings / Revenue | 10.49% | 13.85% |
Basic Earnings Per Share | ||
Diluted Earnings Per Share | $193.3K | $383.4K |
COMMON SHARES | ||
Basic Shares Outstanding | ||
Diluted Shares Outstanding |
Balance Sheet
Concept | 2011 Q2 | 2010 Q2 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $198.9M | $115.0M |
YoY Change | 72.96% | |
Cash & Equivalents | $173.0M | $115.0M |
Short-Term Investments | $26.00M | |
Other Short-Term Assets | $31.20M | $20.40M |
YoY Change | 52.94% | |
Inventory | ||
Prepaid Expenses | ||
Receivables | $29.32M | $25.70M |
Other Receivables | $4.300M | $3.100M |
Total Short-Term Assets | $263.7M | $164.2M |
YoY Change | 60.6% | |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $22.35M | $20.40M |
YoY Change | 9.53% | |
Goodwill | ||
YoY Change | ||
Intangibles | ||
YoY Change | ||
Long-Term Investments | $14.00M | |
YoY Change | ||
Other Assets | $18.20M | $6.200M |
YoY Change | 193.55% | |
Total Long-Term Assets | $58.22M | $28.70M |
YoY Change | 102.86% | |
TOTAL ASSETS | ||
Total Short-Term Assets | $263.7M | $164.2M |
Total Long-Term Assets | $58.22M | $28.70M |
Total Assets | $321.9M | $192.9M |
YoY Change | 66.89% | |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $15.94M | $13.00M |
YoY Change | 22.63% | |
Accrued Expenses | $15.30M | $14.60M |
YoY Change | 4.79% | |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $39.90M | $32.00M |
YoY Change | 24.69% | |
Long-Term Debt Due | ||
YoY Change | ||
Total Short-Term Liabilities | $101.0M | $82.10M |
YoY Change | 22.98% | |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Other Long-Term Liabilities | $5.304M | $3.800M |
YoY Change | 39.58% | |
Total Long-Term Liabilities | $5.304M | $3.800M |
YoY Change | 39.58% | |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $101.0M | $82.10M |
Total Long-Term Liabilities | $5.304M | $3.800M |
Total Liabilities | $111.3M | $89.80M |
YoY Change | 23.95% | |
SHAREHOLDERS EQUITY | ||
Retained Earnings | $94.43M | |
YoY Change | ||
Common Stock | ||
YoY Change | ||
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $210.6M | $103.1M |
YoY Change | ||
Total Liabilities & Shareholders Equity | $321.9M | $192.9M |
YoY Change | 66.89% |
Cashflow Statement
Concept | 2011 Q2 | 2010 Q2 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $12.07M | $12.51M |
YoY Change | -3.5% | 6.0% |
Depreciation, Depletion And Amortization | $3.000M | $1.800M |
YoY Change | 66.67% | |
Cash From Operating Activities | $14.90M | $21.00M |
YoY Change | -29.05% | |
INVESTING ACTIVITIES | ||
Capital Expenditures | -$5.800M | -$3.600M |
YoY Change | 61.11% | |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | -$32.10M | $200.0K |
YoY Change | -16150.0% | |
Cash From Investing Activities | -$38.00M | -$3.400M |
YoY Change | 1017.65% | |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | 3.200M | 100.0K |
YoY Change | 3100.0% | |
NET CHANGE | ||
Cash From Operating Activities | 14.90M | 21.00M |
Cash From Investing Activities | -38.00M | -3.400M |
Cash From Financing Activities | 3.200M | 100.0K |
Net Change In Cash | -19.90M | 17.70M |
YoY Change | -212.43% | |
FREE CASH FLOW | ||
Cash From Operating Activities | $14.90M | $21.00M |
Capital Expenditures | -$5.800M | -$3.600M |
Free Cash Flow | $20.70M | $24.60M |
YoY Change | -15.85% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2010Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
17625000 | USD |
CY2011Q2 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
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CY2011Q2 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
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CY2010Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
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CY2011Q2 | us-gaap |
Accounts Receivable Net Noncurrent
AccountsReceivableNetNoncurrent
|
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CY2010Q4 | us-gaap |
Accounts Receivable Net Noncurrent
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|
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CY2011Q2 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
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|
22000 | USD |
CY2010Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
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|
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Additional Paid In Capital
AdditionalPaidInCapital
|
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Additional Paid In Capital
AdditionalPaidInCapital
|
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us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
0 | USD | |
us-gaap |
Amortization Of Debt Discount Premium
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|
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Assets
Assets
|
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CY2010Q4 | us-gaap |
Assets
Assets
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Assets Current
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Available For Sale Securities Current
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Available For Sale Securities Noncurrent
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Cash And Cash Equivalents At Carrying Value
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|
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|
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|
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Cash And Cash Equivalents At Carrying Value
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|
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us-gaap |
Cash And Cash Equivalents Period Increase Decrease
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|
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us-gaap |
Cash And Cash Equivalents Period Increase Decrease
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|
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Communications And Information Technology
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|
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|
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us-gaap |
Communications And Information Technology
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|
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us-gaap |
Communications And Information Technology
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|
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CY2011Q2 | us-gaap |
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DeferredCosts
|
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CY2010Q4 | us-gaap |
Deferred Costs
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|
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us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
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us-gaap |
Deferred Income Tax Expense Benefit
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|
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CY2011Q2 | us-gaap |
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CY2011Q2 | us-gaap |
Deferred Tax Assets Net Current
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CY2010Q4 | us-gaap |
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CY2011Q2 | us-gaap |
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us-gaap |
Depreciation Depletion And Amortization
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us-gaap |
Depreciation Depletion And Amortization
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|
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us-gaap |
Excess Tax Benefit From Share Based Compensation Financing Activities
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us-gaap |
Excess Tax Benefit From Share Based Compensation Financing Activities
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Excess Tax Benefit From Share Based Compensation Operating Activities
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us-gaap |
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Impairment Of Long Lived Assets Held For Use
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us-gaap |
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|
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us-gaap |
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us-gaap |
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us-gaap |
Increase Decrease In Accrued Income Taxes Payable
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us-gaap |
Increase Decrease In Accrued Income Taxes Payable
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|
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us-gaap |
Increase Decrease In Deferred Charges
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Increase Decrease In Deferred Revenue
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|
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|
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Increase Decrease In Prepaid Deferred Expense And Other Assets
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|
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us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
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us-gaap |
Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
|
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us-gaap |
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|
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Labor And Related Expense
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Liabilities Current
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us-gaap |
Net Cash Provided By Used In Financing Activities
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Net Cash Provided By Used In Operating Activities
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Net Income Loss
NetIncomeLoss
|
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Net Income Loss Available To Common Stockholders Basic
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us-gaap |
Net Income Loss Available To Common Stockholders Basic
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|
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CY2010Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
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us-gaap |
Net Income Loss Available To Common Stockholders Basic
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|
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Operating Expenses
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|
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us-gaap |
Operating Income Loss
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|
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us-gaap |
Operating Income Loss
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|
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Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
|
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|
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Other General And Administrative Expense
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|
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|
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Preferred Stock Dividends And Other Adjustments
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|
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|
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Preferred Stock Dividends And Other Adjustments
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CY2011Q2 | us-gaap |
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|
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Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
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|
420000 | USD | |
CY2010Q4 | us-gaap |
Property Plant And Equipment Net
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|
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Property Plant And Equipment Net
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|
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|
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us-gaap |
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|
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Provision For Other Losses
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|
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us-gaap |
Provision For Other Losses
ProvisionForOtherLosses
|
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CY2010Q4 | us-gaap |
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RestrictedCashAndCashEquivalentsNoncurrent
|
5135000 | USD |
CY2011Q2 | us-gaap |
Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
|
10294000 | USD |
CY2010Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
69658000 | USD |
CY2011Q2 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
94429000 | USD |
CY2010Q2 | us-gaap |
Revenues
Revenues
|
90318000 | USD |
us-gaap |
Revenues
Revenues
|
183137000 | USD | |
us-gaap |
Revenues
Revenues
|
232337000 | USD | |
CY2011Q2 | us-gaap |
Revenues
Revenues
|
115030000 | USD |
CY2011Q2 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
42774000 | USD |
CY2010Q2 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
31433000 | USD |
us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
85313000 | USD | |
us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
57472000 | USD | |
CY2010Q4 | us-gaap |
Settlement Assets Current
SettlementAssetsCurrent
|
19968000 | USD |
CY2011Q2 | us-gaap |
Settlement Assets Current
SettlementAssetsCurrent
|
17070000 | USD |
CY2010Q4 | us-gaap |
Settlement Liabilities Current
SettlementLiabilitiesCurrent
|
19968000 | USD |
CY2011Q2 | us-gaap |
Settlement Liabilities Current
SettlementLiabilitiesCurrent
|
17070000 | USD |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
4323000 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
3500000 | USD | |
CY2011Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
210616000 | USD |
CY2010Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
165131000 | USD |
CY2010Q4 | gdot |
Amounts Due To Card Issuing Banks For Overdrawn Accounts
AmountsDueToCardIssuingBanksForOverdrawnAccounts
|
35068000 | USD |
CY2011Q2 | gdot |
Amounts Due To Card Issuing Banks For Overdrawn Accounts
AmountsDueToCardIssuingBanksForOverdrawnAccounts
|
39948000 | USD |
CY2011Q2 | gdot |
Card Revenues
CardRevenues
|
53924000 | USD |
gdot |
Card Revenues
CardRevenues
|
108248000 | USD | |
CY2010Q2 | gdot |
Card Revenues
CardRevenues
|
42228000 | USD |
gdot |
Card Revenues
CardRevenues
|
84386000 | USD | |
CY2010Q2 | gdot |
Cash Transfer Revenues
CashTransferRevenues
|
24364000 | USD |
CY2011Q2 | gdot |
Cash Transfer Revenues
CashTransferRevenues
|
32387000 | USD |
gdot |
Cash Transfer Revenues
CashTransferRevenues
|
47146000 | USD | |
gdot |
Cash Transfer Revenues
CashTransferRevenues
|
63536000 | USD | |
gdot |
Increase Decrease In Settlement Assets
IncreaseDecreaseInSettlementAssets
|
-31654000 | USD | |
gdot |
Increase Decrease In Settlement Assets
IncreaseDecreaseInSettlementAssets
|
-2898000 | USD | |
gdot |
Increase Decrease In Settlement Obligations
IncreaseDecreaseInSettlementObligations
|
-31654000 | USD | |
gdot |
Increase Decrease In Settlement Obligations
IncreaseDecreaseInSettlementObligations
|
-2898000 | USD | |
gdot |
Interchange Revenues
InterchangeRevenues
|
70789000 | USD | |
gdot |
Interchange Revenues
InterchangeRevenues
|
54062000 | USD | |
CY2010Q2 | gdot |
Interchange Revenues
InterchangeRevenues
|
26183000 | USD |
CY2011Q2 | gdot |
Interchange Revenues
InterchangeRevenues
|
33075000 | USD |
gdot |
Stock Based Retailer Incentive Compensation
StockBasedRetailerIncentiveCompensation
|
2457000 | USD | |
gdot |
Stock Based Retailer Incentive Compensation
StockBasedRetailerIncentiveCompensation
|
10236000 | USD | |
CY2011Q2 | gdot |
Stock Based Retailer Incentive Compensation
StockBasedRetailerIncentiveCompensation
|
4356000 | USD |
CY2010Q2 | gdot |
Stock Based Retailer Incentive Compensation
StockBasedRetailerIncentiveCompensation
|
2457000 | USD |
dei |
Amendment Flag
AmendmentFlag
|
false | ||
dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | ||
dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q2 | ||
dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2011 | ||
dei |
Document Period End Date
DocumentPeriodEndDate
|
2011-06-30 | ||
dei |
Document Type
DocumentType
|
10-Q | ||
dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001386278 | ||
dei |
Entity Filer Category
EntityFilerCategory
|
Non-accelerated Filer | ||
dei |
Entity Registrant Name
EntityRegistrantName
|
GREEN DOT CORP | ||
dei |
Trading Symbol
TradingSymbol
|
GDOT |