2015 Q4 Form 10-K Financial Statement

#000106660517000007 Filed on March 23, 2017

View on sec.gov

Income Statement

Concept 2015 Q4 2014 2013 Q4
Revenue $149.3M $513.2M $122.9M
YoY Change 18.02% 6.7% 13.06%
Cost Of Revenue $4.800M $18.90M $4.900M
YoY Change -7.69% -0.53% 2.08%
Gross Profit $144.5M $494.3M $118.0M
YoY Change 19.13% 6.99% 13.57%
Gross Profit Margin 96.78% 96.31% 96.01%
Selling, General & Admin $139.2M $467.6M $116.9M
YoY Change 18.47% 4.75% 12.08%
% of Gross Profit 96.33% 94.6% 99.07%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $3.700M $15.31M $4.300M
YoY Change -5.13% -5.92% 59.26%
% of Gross Profit 2.56% 3.1% 3.64%
Operating Expenses $139.2M $486.6M $116.9M
YoY Change 18.47% 4.55% 12.08%
Operating Profit $5.300M $26.65M $1.100M
YoY Change 39.47% 71.24% -375.0%
Interest Expense $200.0K -$400.0K -$100.0K
YoY Change -300.0% 100.0% -133.33%
% of Operating Profit 3.77% -1.5% -9.09%
Other Income/Expense, Net -$700.0K -$2.466M -$300.0K
YoY Change -58.82% 13.28% -160.0%
Pretax Income $4.800M $25.96M $700.0K
YoY Change 140.0% -11.52% 250.0%
Income Tax $3.500M $17.39M -$800.0K
% Of Pretax Income 72.92% 67.0% -114.29%
Net Earnings $1.300M $6.797M $1.500M
YoY Change 62.5% 7.09% -475.0%
Net Earnings / Revenue 0.87% 1.32% 1.22%
Basic Earnings Per Share $0.37
Diluted Earnings Per Share $68.06K $0.37 $81.97K
COMMON SHARES
Basic Shares Outstanding 18.38M shares 18.21M shares 18.11M shares
Diluted Shares Outstanding 18.43M shares

Balance Sheet

Concept 2015 Q4 2014 2013 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $190.5M $211.4M $181.6M
YoY Change -9.89% 16.41% 54.42%
Cash & Equivalents $190.5M $211.4M $181.6M
Short-Term Investments
Other Short-Term Assets $18.45M $33.20M $1.807M
YoY Change 51.14% 33.87% 32.28%
Inventory
Prepaid Expenses $19.20M $14.79M
Receivables $76.06M $68.40M $71.67M
Other Receivables $4.800M $5.200M $12.60M
Total Short-Term Assets $309.0M $318.2M $290.8M
YoY Change -2.91% 9.42% 28.5%
LONG-TERM ASSETS
Property, Plant & Equipment $36.50M $30.40M $34.96M
YoY Change 19.99% -13.14% -17.47%
Goodwill $131.1M $123.3M
YoY Change 7.32% 1.93%
Intangibles
YoY Change
Long-Term Investments $14.10M $13.70M $13.80M
YoY Change 2.92% -0.72% 15.97%
Other Assets $11.12M $63.10M $5.693M
YoY Change 34.04% -0.94% 7.39%
Total Long-Term Assets $263.8M $250.4M $262.5M
YoY Change 5.34% -4.57% -2.33%
TOTAL ASSETS
Total Short-Term Assets $309.0M $318.2M $290.8M
Total Long-Term Assets $263.8M $250.4M $262.5M
Total Assets $572.7M $568.6M $553.2M
YoY Change 0.72% 2.78% 11.76%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $6.150M $5.500M $7.791M
YoY Change 11.96% -29.49% -10.0%
Accrued Expenses $158.9M $130.4M $109.9M
YoY Change 21.86% 18.65% 6.18%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $6.000M $6.000M
YoY Change -100.0% 0.0%
Total Short-Term Liabilities $229.4M $205.8M $175.8M
YoY Change 11.46% 17.06% 15.35%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $23.50M $29.50M
YoY Change -100.0% -20.34%
Other Long-Term Liabilities $19.85M $94.60M $61.33M
YoY Change -63.73% -5.4% 7.7%
Total Long-Term Liabilities $88.49M $118.1M $129.6M
YoY Change -25.08% -8.8% 37.47%
TOTAL LIABILITIES
Total Short-Term Liabilities $229.4M $205.8M $175.8M
Total Long-Term Liabilities $88.49M $118.1M $129.6M
Total Liabilities $317.9M $324.0M $305.4M
YoY Change -1.86% 6.09% 23.8%
SHAREHOLDERS EQUITY
Retained Earnings $52.57M $48.51M
YoY Change 15.72% -6.18%
Common Stock $232.6M $196.0K
YoY Change 0.12% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $39.58M $47.81M
YoY Change -10.57% -8.97%
Treasury Stock Shares 1.206M shares 1.452M shares
Shareholders Equity $254.8M $244.7M $247.9M
YoY Change
Total Liabilities & Shareholders Equity $572.7M $568.6M $553.2M
YoY Change 0.72% 2.78% 11.76%

Cashflow Statement

Concept 2015 Q4 2014 2013 Q4
OPERATING ACTIVITIES
Net Income $1.300M $6.797M $1.500M
YoY Change 62.5% 7.09% -475.0%
Depreciation, Depletion And Amortization $3.700M $15.31M $4.300M
YoY Change -5.13% -5.92% 59.26%
Cash From Operating Activities $77.60M $56.80M $55.90M
YoY Change 31.97% 28.99% 0.36%
INVESTING ACTIVITIES
Capital Expenditures -$2.500M $3.359M -$1.800M
YoY Change 212.5% -9.97% 38.46%
Acquisitions $0.00
YoY Change -100.0%
Other Investing Activities -$10.30M $100.0K -$900.0K
YoY Change -10400.0% -106.67% -98.48%
Cash From Investing Activities -$12.80M -$3.300M -$2.700M
YoY Change 1728.57% -36.84% -95.53%
FINANCING ACTIVITIES
Cash Dividend Paid $9.864M
YoY Change 35.87%
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -2.500M -19.70M -3.900M
YoY Change -37.5% -172.51% -17.02%
NET CHANGE
Cash From Operating Activities 77.60M 56.80M 55.90M
Cash From Investing Activities -12.80M -3.300M -2.700M
Cash From Financing Activities -2.500M -19.70M -3.900M
Net Change In Cash 62.30M 33.80M 49.30M
YoY Change 15.16% -48.77% -624.47%
FREE CASH FLOW
Cash From Operating Activities $77.60M $56.80M $55.90M
Capital Expenditures -$2.500M $3.359M -$1.800M
Free Cash Flow $80.10M $53.44M $57.70M
YoY Change 34.4% 32.6% 1.23%

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237000 USD
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28367000 USD
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CY2015 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
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CY2016 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
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CY2016Q4 us-gaap Deferred Tax Assets Gross
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83991000 USD
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35248000 USD
CY2016Q4 us-gaap Deferred Tax Assets Liabilities Net
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32821000 USD
CY2015Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
61709000 USD
CY2016Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
58971000 USD
CY2015Q4 us-gaap Deferred Tax Assets Net Noncurrent
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35331000 USD
CY2016Q4 us-gaap Deferred Tax Assets Net Noncurrent
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33073000 USD
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26265000 USD
CY2016Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards Foreign
DeferredTaxAssetsOperatingLossCarryforwardsForeign
26902000 USD
CY2015Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Foreign
DeferredTaxAssetsTaxCreditCarryforwardsForeign
16290000 USD
CY2016Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Foreign
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12112000 USD
CY2015Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Benefits
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21022000 USD
CY2016Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Benefits
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18625000 USD
CY2015Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Compensation
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15434000 USD
CY2016Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Compensation
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17851000 USD
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2629000 USD
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3388000 USD
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5285000 USD
CY2016Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Deferred Rent
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5113000 USD
CY2015Q4 us-gaap Deferred Tax Assets Valuation Allowance
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25216000 USD
CY2016Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
25020000 USD
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16893000 USD
CY2016Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Goodwill
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsGoodwill
17130000 USD
CY2015Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
600000 USD
CY2016Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
966000 USD
CY2015Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
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4562000 USD
CY2016Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
4723000 USD
CY2015Q4 us-gaap Deferred Tax Liabilities Undistributed Foreign Earnings
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4400000 USD
CY2016Q4 us-gaap Deferred Tax Liabilities Undistributed Foreign Earnings
DeferredTaxLiabilitiesUndistributedForeignEarnings
3300000 USD
CY2015 us-gaap Defined Benefit Plan Actuarial Gain Loss
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CY2016 us-gaap Defined Benefit Plan Actuarial Gain Loss
DefinedBenefitPlanActuarialGainLoss
1178000 USD
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0 USD
CY2015 us-gaap Defined Benefit Plan Amortization Of Gains Losses
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-72000 USD
CY2016 us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
-17000 USD
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0.0182
CY2015Q4 us-gaap Defined Benefit Plan Assumptions Used Calculating Benefit Obligation Discount Rate
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0.0215
CY2016Q4 us-gaap Defined Benefit Plan Assumptions Used Calculating Benefit Obligation Discount Rate
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0.0153
CY2014Q4 us-gaap Defined Benefit Plan Assumptions Used Calculating Benefit Obligation Rate Of Compensation Increase
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0.0175
CY2015Q4 us-gaap Defined Benefit Plan Assumptions Used Calculating Benefit Obligation Rate Of Compensation Increase
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0.0000
CY2016Q4 us-gaap Defined Benefit Plan Assumptions Used Calculating Benefit Obligation Rate Of Compensation Increase
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0.0000
CY2014 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Discount Rate
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0.0325
CY2015 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Discount Rate
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostDiscountRate
0.0182
CY2016 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Discount Rate
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostDiscountRate
0.0215
CY2014 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Rate Of Compensation Increase
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostRateOfCompensationIncrease
0.0175
CY2015 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Rate Of Compensation Increase
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostRateOfCompensationIncrease
0.0175
CY2016 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Rate Of Compensation Increase
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0.0000
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CY2015Q4 us-gaap Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
22388000 USD
CY2016Q4 us-gaap Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
22128000 USD
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1244000 USD
CY2016 us-gaap Defined Benefit Plan Benefits Paid
DefinedBenefitPlanBenefitsPaid
1198000 USD
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1300000 USD
CY2016Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Five Fiscal Years Thereafter
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5883000 USD
CY2016Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Next Twelve Months
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1281000 USD
CY2016Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Five
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1241000 USD
CY2016Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Four
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFour
1255000 USD
CY2016Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Three
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearThree
1266000 USD
CY2016Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Two
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1274000 USD
CY2015Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
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CY2015Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
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18164000 USD
CY2016Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
16979000 USD
CY2016Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
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17000000 USD
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CY2016 us-gaap Defined Benefit Plan Foreign Currency Exchange Rate Changes Benefit Obligation
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-693000 USD
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799000 USD
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DefinedBenefitPlanInterestCost
436000 USD
CY2016 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
453000 USD
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799000 USD
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DefinedBenefitPlanNetPeriodicBenefitCost
508000 USD
CY2016 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
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470000 USD
CY2014 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
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0 USD
CY2015 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
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0 USD
CY2016 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
0 USD
CY2014 us-gaap Depreciation
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9800000 USD
CY2015 us-gaap Depreciation
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8800000 USD
CY2016 us-gaap Depreciation
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9400000 USD
CY2014 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
15312000 USD
CY2015 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
13696000 USD
CY2016 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
16433000 USD
CY2014 us-gaap Dividends Cash
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9481000 USD
CY2015 us-gaap Dividends Cash
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9550000 USD
CY2016 us-gaap Dividends Cash
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9668000 USD
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0.37
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0.93
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0.83
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0.37
CY2015 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.92
CY2016 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.81
CY2014 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
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CY2015 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
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-4638000 USD
CY2016 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
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CY2016 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.35
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155523000 USD
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1444000 USD
CY2015 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
1856000 USD
CY2016 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
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2523000 USD
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CY2016Q4 us-gaap Fair Value Net Asset Liability
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1206000 USD
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24206000 USD
CY2016Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
30823000 USD
CY2016Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
2460000 USD
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6759000 USD
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1045000 USD
CY2016Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
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1859000 USD
CY2016Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
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3589000 USD
CY2016Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
4978000 USD
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42893000 USD
CY2016Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
51513000 USD
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18687000 USD
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FiniteLivedIntangibleAssetsNet
20690000 USD
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127692000 USD
CY2016 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
147087000 USD
CY2015Q4 us-gaap Goodwill
Goodwill
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CY2016Q4 us-gaap Goodwill
Goodwill
151844000 USD
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-1098000 USD
CY2015 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-1799000 USD
CY2016 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-3077000 USD
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GoodwillGross
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CY2014Q4 us-gaap Goodwill Gross
GoodwillGross
145683000 USD
CY2015Q4 us-gaap Goodwill Gross
GoodwillGross
154629000 USD
CY2016Q4 us-gaap Goodwill Gross
GoodwillGross
175351000 USD
CY2016Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
23507000 USD
CY2016Q4 us-gaap Guarantee Obligations Maximum Exposure
GuaranteeObligationsMaximumExposure
2300000 USD
CY2014 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
25956000 USD
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
26550000 USD
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
30696000 USD
CY2014 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
-1769000 USD
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
5004000 USD
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
7070000 USD
CY2014 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
24187000 USD
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
31554000 USD
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
37766000 USD
CY2016Q4 us-gaap Income Tax Examination Liability Refund Adjustment From Settlement With Taxing Authority
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3900000
CY2016Q4 us-gaap Income Tax Examination Liability Refund Adjustment From Settlement With Taxing Authority
IncomeTaxExaminationLiabilityRefundAdjustmentFromSettlementWithTaxingAuthority
4800000 USD
CY2016Q4 us-gaap Income Tax Examination Penalties And Interest Accrued
IncomeTaxExaminationPenaltiesAndInterestAccrued
100000 USD
CY2014 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
17390000 USD
CY2015 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
14422000 USD
CY2016 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
22353000 USD
CY2014 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
4708000 USD
CY2015 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
0 USD
CY2016 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
340000 USD
CY2014 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
1396000 USD
CY2015 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
368000 USD
CY2016 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-2133000 USD
CY2014 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
8466000 USD
CY2015 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
11044000 USD
CY2016 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
13218000 USD
CY2014 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
1747000 USD
CY2015 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
262000 USD
CY2016 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
1410000 USD
CY2014 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
427000 USD
CY2015 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
115000 USD
CY2016 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
490000 USD
CY2014 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
1423000 USD
CY2015 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
1272000 USD
CY2016 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
1904000 USD
CY2014 us-gaap Income Taxes Paid
IncomeTaxesPaid
14175000 USD
CY2015 us-gaap Income Taxes Paid
IncomeTaxesPaid
16936000 USD
CY2016 us-gaap Income Taxes Paid
IncomeTaxesPaid
16817000 USD
CY2015Q4 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
4809000 USD
CY2016Q4 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
4847000 USD
CY2014 us-gaap Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
217000 USD
CY2015 us-gaap Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
-8714000 USD
CY2016 us-gaap Increase Decrease In Accounts And Other Receivables
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-14425000 USD
CY2014 us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
-2113000 USD
CY2015 us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
810000 USD
CY2016 us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
941000 USD
CY2014 us-gaap Increase Decrease In Accrued Liabilities
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29979000 USD
CY2015 us-gaap Increase Decrease In Accrued Liabilities
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37207000 USD
CY2016 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-909000 USD
CY2014 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
3486000 USD
CY2015 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
-236000 USD
CY2016 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
-1672000 USD
CY2014 us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
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1482000 USD
CY2015 us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
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-3257000 USD
CY2016 us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
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1184000 USD
CY2014 us-gaap Increase Decrease In Other Operating Capital Net
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-8194000 USD
CY2015 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
1281000 USD
CY2016 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-3449000 USD
CY2014 us-gaap Increase Decrease In Pension Plan Obligations
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4477000 USD
CY2015 us-gaap Increase Decrease In Pension Plan Obligations
IncreaseDecreaseInPensionPlanObligations
-1142000 USD
CY2016 us-gaap Increase Decrease In Pension Plan Obligations
IncreaseDecreaseInPensionPlanObligations
4215000 USD
CY2014 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
-207000 USD
CY2015 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
-4388000 USD
CY2016 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
-2330000 USD
CY2014 us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
53000 USD
CY2015 us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
0 USD
CY2016 us-gaap Increase Decrease In Restricted Cash
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-7228000 USD
CY2015Q4 us-gaap Intangible Assets Net Including Goodwill
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149809000 USD
CY2016Q4 us-gaap Intangible Assets Net Including Goodwill
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172534000 USD
CY2014 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-358000 USD
CY2015 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-122000 USD
CY2016 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
244000 USD
CY2015Q4 us-gaap Other Accrued Liabilities Noncurrent
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1269000 USD
CY2014 us-gaap Interest Paid
InterestPaid
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<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Concentration of Risk</font></div><div style="line-height:120%;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company is potentially exposed to concentrations of risk associated with its accounts receivable. However, this risk is limited due to the Company&#8217;s large number of clients and their dispersion across many different industries and geographies. At December&#160;31, 2016, the Company had </font><font style="font-family:inherit;font-size:10pt;">no</font><font style="font-family:inherit;font-size:10pt;"> significant concentrations of risk.</font></div></div>
CY2016 us-gaap Reclassifications
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<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Reclassifications</font></div><div style="line-height:120%;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Certain prior year amounts have been recast as a result of the change in the Company's operating segments. The reclassifications had no impact on net income, net cash flows or stockholders' equity.</font></div></div>
CY2016 us-gaap Revenue Recognition Accounting Policy Gross And Net Revenue Disclosure
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<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Revenue Recognition</font></div><div style="line-height:120%;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Revenue before reimbursements of out-of-pocket expenses (&#8220;net revenue&#8221;) consists of retainers and indirect expenses billed to clients. For each assignment, the Company and its client enter into a contract that outlines the general terms and conditions of the assignment. Typically, the Company is paid a retainer for its executive search services equal to approximately one-third of the estimated first year compensation for the position to be filled. In addition, generally, if the actual compensation of a placed candidate exceeds the estimated compensation, the Company often is authorized to bill the client for one-third of the excess. Indirect expenses are calculated as a percentage of the retainer with certain dollar limits per search. The Company generally bills its clients for its retainer and indirect expenses in one-third increments over a </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;">-month period commencing in the month of a client&#8217;s acceptance of the contract.</font></div><div style="line-height:120%;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net revenue is recognized when earned and realizable and therefore when the following criteria have been met: (a)&#160;persuasive evidence of an arrangement exists, (b)&#160;services have been rendered, (c)&#160;the fee to our client is fixed or determinable, and (d)&#160;collectability is reasonably assured. Taxes collected from clients and remitted to governmental authorities are presented on a net basis. Typically, net revenue from standard executive search engagements is recognized over the expected average period of performance, in proportion to the estimated personnel time incurred to fulfill our obligations under the arrangements. Net revenue in excess of the retainer, resulting from actual compensation of the placed candidate exceeding the estimated compensation, is recognized upon completion of the executive search when the amount of the additional fee is known.</font></div><div style="line-height:120%;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net revenue associated with culture shaping consulting is recognized proportionally as services are performed. Net revenue associated with licenses to use our culture shaping proprietary materials is typically recognized over the term of the arrangement.</font></div><div style="line-height:120%;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Depending on the terms of that agreement, net revenue from certain leadership consulting and non-standard executive search engagements is either recognized proportionally as services are performed or in accordance with the completion of the engagement deliverables.</font></div><div style="line-height:120%;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></div>

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