$HSTM
HEALTHSTREAM INC

2014 Q4 Form 10-Q Financial Statement

#000119312514389583 Filed on October 30, 2014

View on sec.gov

Income Statement

Concept 2014 Q4 2014 Q3 2013 Q3
Revenue $45.34M $44.53M $33.66M
YoY Change 22.38% 32.28% 27.59%
Cost Of Revenue $19.37M $19.12M $14.09M
YoY Change 20.16% 35.64% 30.43%
Gross Profit $25.97M $25.41M $19.57M
YoY Change 24.08% 29.86% 25.62%
Gross Profit Margin 57.28% 57.07% 58.13%
Selling, General & Admin $14.34M $13.64M $10.44M
YoY Change 17.35% 30.69% 32.22%
% of Gross Profit 55.22% 53.69% 53.35%
Research & Development $4.410M $4.211M $3.210M
YoY Change 39.56% 31.18% 40.91%
% of Gross Profit 16.98% 16.57% 16.41%
Depreciation & Amortization $2.990M $2.815M $2.039M
YoY Change 46.57% 38.06% 21.95%
% of Gross Profit 11.51% 11.08% 10.42%
Operating Expenses $21.74M $17.85M $13.65M
YoY Change 24.8% 30.81% 34.17%
Operating Profit $4.230M $4.741M $3.879M
YoY Change 20.51% 22.22% 3.97%
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net $30.00K $49.00K $46.00K
YoY Change -50.0% 6.52% 9.52%
Pretax Income $4.260M $4.790M $3.925M
YoY Change 19.66% 22.04% 4.03%
Income Tax $1.610M $1.354M $1.629M
% Of Pretax Income 37.79% 28.27% 41.5%
Net Earnings $2.650M $3.436M $2.296M
YoY Change 50.57% 49.65% 16.14%
Net Earnings / Revenue 5.84% 7.72% 6.82%
Basic Earnings Per Share $0.12 $0.08
Diluted Earnings Per Share $94.31K $0.12 $0.08
COMMON SHARES
Basic Shares Outstanding 27.63M shares 27.61M shares 27.09M shares
Diluted Shares Outstanding 28.05M shares 27.74M shares

Balance Sheet

Concept 2014 Q4 2014 Q3 2013 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $121.0M $116.4M $104.7M
YoY Change 11.83% 11.17% 9.18%
Cash & Equivalents $82.00M $64.93M $55.10M
Short-Term Investments $39.00M $51.50M $49.60M
Other Short-Term Assets $5.768M $3.566M $3.196M
YoY Change 71.41% 11.58% -36.08%
Inventory
Prepaid Expenses
Receivables $33.17M $28.18M $22.74M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $174.6M $162.9M $140.6M
YoY Change 18.68% 15.85% 19.29%
LONG-TERM ASSETS
Property, Plant & Equipment $9.442M $9.007M $7.870M
YoY Change 4.47% 14.45% 6.35%
Goodwill $41.91M $42.65M $34.04M
YoY Change 17.26% 25.29%
Intangibles
YoY Change
Long-Term Investments $1.800M
YoY Change
Other Assets $2.037M $984.0K $824.0K
YoY Change 741.74% 19.42% 37.33%
Total Long-Term Assets $82.65M $80.40M $64.15M
YoY Change 26.24% 25.32% 45.8%
TOTAL ASSETS
Total Short-Term Assets $174.6M $162.9M $140.6M
Total Long-Term Assets $82.65M $80.40M $64.15M
Total Assets $257.3M $243.3M $204.8M
YoY Change 21.01% 18.81% 26.5%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $4.753M $799.0K $1.848M
YoY Change 105.67% -56.76% 208.0%
Accrued Expenses $7.224M $11.76M $7.551M
YoY Change 27.09% 55.77% 12.7%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $77.26M $74.44M $54.35M
YoY Change 37.44% 36.97% 74.75%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $2.649M $710.0K $643.0K
YoY Change 241.37% 10.42% -28.56%
Total Long-Term Liabilities $2.649M $710.0K $643.0K
YoY Change 241.37% 10.42% -28.56%
TOTAL LIABILITIES
Total Short-Term Liabilities $77.26M $74.44M $54.35M
Total Long-Term Liabilities $2.649M $710.0K $643.0K
Total Liabilities $79.91M $75.15M $54.99M
YoY Change 40.22% 36.66% 67.14%
SHAREHOLDERS EQUITY
Retained Earnings -$7.030M -$9.677M -$19.18M
YoY Change -59.65% -49.56%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $167.9M $161.2M $143.3M
YoY Change
Total Liabilities & Shareholders Equity $257.3M $243.3M $204.8M
YoY Change 21.01% 18.81% 26.5%

Cashflow Statement

Concept 2014 Q4 2014 Q3 2013 Q3
OPERATING ACTIVITIES
Net Income $2.650M $3.436M $2.296M
YoY Change 50.57% 49.65% 16.14%
Depreciation, Depletion And Amortization $2.990M $2.815M $2.039M
YoY Change 46.57% 38.06% 21.95%
Cash From Operating Activities $5.580M $6.580M $11.85M
YoY Change 45.31% -44.47% 77.66%
INVESTING ACTIVITIES
Capital Expenditures -$3.130M -$1.960M -$2.170M
YoY Change -4.57% -9.68% -4.41%
Acquisitions
YoY Change
Other Investing Activities $11.19M -$820.0K -$10.49M
YoY Change 4765.22% -92.18% 29.51%
Cash From Investing Activities $8.060M -$2.770M -$12.66M
YoY Change -364.26% -78.12% 22.08%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 3.430M 260.0K 1.260M
YoY Change -5.77% -79.37% 1700.0%
NET CHANGE
Cash From Operating Activities 5.580M 6.580M 11.85M
Cash From Investing Activities 8.060M -2.770M -12.66M
Cash From Financing Activities 3.430M 260.0K 1.260M
Net Change In Cash 17.07M 4.070M 450.0K
YoY Change 285.33% 804.44% -112.4%
FREE CASH FLOW
Cash From Operating Activities $5.580M $6.580M $11.85M
Capital Expenditures -$3.130M -$1.960M -$2.170M
Free Cash Flow $8.710M $8.540M $14.02M
YoY Change 22.33% -39.09% 56.82%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2013Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
55103000
CY2014Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
27634000 shares
CY2014Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
27634000 shares
CY2014Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
75000000 shares
CY2014Q3 us-gaap Common Stock No Par Value
CommonStockNoParValue
CY2014Q3 us-gaap Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
1507000
CY2014Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
25040000
CY2014Q3 us-gaap Liabilities Current
LiabilitiesCurrent
74437000
CY2014Q3 us-gaap Deferred Tax Liabilities Current
DeferredTaxLiabilitiesCurrent
224000
CY2014Q3 us-gaap Common Stocks Including Additional Paid In Capital
CommonStocksIncludingAdditionalPaidInCapital
170940000
CY2014Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2014Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-21000
CY2014Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
799000
CY2014Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-9677000
CY2014Q3 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
5437000
CY2014Q3 us-gaap Capitalized Computer Software Accumulated Amortization
CapitalizedComputerSoftwareAccumulatedAmortization
16884000
CY2014Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
11762000
CY2014Q3 us-gaap Stockholders Equity
StockholdersEquity
161242000
CY2014Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
710000
CY2014Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
243333000
CY2014Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
13179000
CY2014Q3 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
53303000
CY2014Q3 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
1727000
CY2014Q3 us-gaap Accrued Royalties Current
AccruedRoyaltiesCurrent
6622000
CY2014Q3 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Liabilities Deferred Revenue
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilitiesDeferredRevenue
1700000
CY2014Q3 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
269000
CY2014Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
64927000
CY2014Q3 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
4341000
CY2014Q3 us-gaap Goodwill
Goodwill
42654000
CY2014Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
9007000
CY2014Q3 us-gaap Available For Sale Securities
AvailableForSaleSecurities
51495000
CY2014Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
15450000
CY2014Q3 us-gaap Prepaid Royalties
PrepaidRoyalties
12832000
CY2014Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
34047000
CY2014Q3 us-gaap Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
12303000
CY2014Q3 us-gaap Assets
Assets
243333000
CY2014Q3 us-gaap Receivables Long Term Contracts Or Programs
ReceivablesLongTermContractsOrPrograms
1938000
CY2014Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
28177000
CY2014Q3 us-gaap Leasehold Improvements Gross
LeaseholdImprovementsGross
5856000
CY2014Q3 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
23850000
CY2014Q3 us-gaap Other Assets Current
OtherAssetsCurrent
3566000
CY2014Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
984000
CY2014Q3 us-gaap Assets Current
AssetsCurrent
162935000
CY2014Q3 hstm Net Tangible Assets Include Deferred Revenue Book Value
NetTangibleAssetsIncludeDeferredRevenueBookValue
3200000
CY2013Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
2311000
CY2014Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
27634449 shares
CY2012Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
41365000
CY2013Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
27327000 shares
CY2013Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
27327000 shares
CY2013Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
75000000 shares
CY2013Q4 us-gaap Common Stock No Par Value
CommonStockNoParValue
CY2013Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
21968000
CY2013Q4 us-gaap Liabilities Current
LiabilitiesCurrent
56212000
CY2013Q4 us-gaap Deferred Tax Liabilities Current
DeferredTaxLiabilitiesCurrent
181000
CY2013Q4 us-gaap Common Stocks Including Additional Paid In Capital
CommonStocksIncludingAdditionalPaidInCapital
166888000
CY2013Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2013Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-31000
CY2013Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-17424000
CY2013Q4 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
6173000
CY2013Q4 us-gaap Capitalized Computer Software Accumulated Amortization
CapitalizedComputerSoftwareAccumulatedAmortization
13910000
CY2013Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
5503000
CY2013Q4 us-gaap Stockholders Equity
StockholdersEquity
149433000
CY2013Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
776000
CY2013Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
212594000
CY2013Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
11389000
CY2013Q4 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
38168000
CY2013Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
1614000
CY2013Q4 us-gaap Accrued Royalties Current
AccruedRoyaltiesCurrent
8435000
CY2013Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
211000
CY2013Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
59537000
CY2013Q4 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
3854000
CY2013Q4 us-gaap Goodwill
Goodwill
35746000
CY2013Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
9038000
CY2013Q4 us-gaap Available For Sale Securities
AvailableForSaleSecurities
48659000
CY2013Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
8870000
CY2013Q4 us-gaap Prepaid Royalties
PrepaidRoyalties
8857000
CY2013Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
31006000
CY2013Q4 us-gaap Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
11077000
CY2013Q4 us-gaap Assets
Assets
212594000
CY2013Q4 us-gaap Receivables Long Term Contracts Or Programs
ReceivablesLongTermContractsOrPrograms
1392000
CY2013Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
25314000
CY2013Q4 us-gaap Leasehold Improvements Gross
LeaseholdImprovementsGross
5521000
CY2013Q4 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
21631000
CY2013Q4 us-gaap Other Assets Current
OtherAssetsCurrent
3365000
CY2013Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
739000
CY2013Q4 us-gaap Assets Current
AssetsCurrent
147124000
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
11359000
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
1206000
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.24
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.410 pure
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
882000 shares
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
23211000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
27598000 shares
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.25
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
92000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
26716000 shares
us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
67634000
us-gaap Increase Decrease In Prepaid Royalties
IncreaseDecreaseInPrepaidRoyalties
4509000
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-47000
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
7312000
us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
-72000
us-gaap Sales Revenue Net
SalesRevenueNet
95224000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
908000
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-26000
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
7362000
us-gaap Payments For Software
PaymentsForSoftware
3017000
us-gaap Operating Income Loss
OperatingIncomeLoss
11157000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
6611000
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
11278000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
121000
us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
300000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
2414000
us-gaap Net Income Loss
NetIncomeLoss
6658000
us-gaap Stock Issued1
StockIssued1
534000
us-gaap Payments Of Merger Related Costs Financing Activities
PaymentsOfMergerRelatedCostsFinancingActivities
357000
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
158000
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-47000
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-30000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1088000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
4560000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
5812000
us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
11904000
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
8594000
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
16538000
us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
-72000
us-gaap Other Noncash Expense
OtherNoncashExpense
1163000
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
95000
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
13738000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4620000
us-gaap Proceeds From Sale And Maturity Of Other Investments
ProceedsFromSaleAndMaturityOfOtherInvestments
5062000
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
2470000
us-gaap Cost Of Goods Sold Excluding Depreciation Depletion And Amortization
CostOfGoodsSoldExcludingDepreciationDepletionAndAmortization
39483000
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
703000
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-11943000
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
3057000
us-gaap Costs And Expenses
CostsAndExpenses
84067000
us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
63722000
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
13640000
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
792000
us-gaap Increase Decrease In Royalties Payable
IncreaseDecreaseInRoyaltiesPayable
3037000
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.28
dei Document Type
DocumentType
10-Q
dei Entity Registrant Name
EntityRegistrantName
HEALTHSTREAM INC
dei Trading Symbol
TradingSymbol
HSTM
dei Entity Filer Category
EntityFilerCategory
Accelerated Filer
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.368 pure
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
457000 shares
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
28675000
dei Document Period End Date
DocumentPeriodEndDate
2014-09-30
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2014
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
27999000 shares
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.28
dei Entity Central Index Key
EntityCentralIndexKey
0001095565
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
93000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
27542000 shares
us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
44324000
us-gaap Increase Decrease In Prepaid Royalties
IncreaseDecreaseInPrepaidRoyalties
3975000
us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
712000
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
10000
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
1891000
us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
-129000
us-gaap Sales Revenue Net
SalesRevenueNet
125351000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
260000
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-79000
us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
2247000
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
12298000
us-gaap Payments For Software
PaymentsForSoftware
4025000
us-gaap Operating Income Loss
OperatingIncomeLoss
12149000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
7757000
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
12266000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
117000
us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
325000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
3044000
us-gaap Net Income Loss
NetIncomeLoss
7747000
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1222000
us-gaap Adjustments To Additional Paid In Capital Tax Effect From Share Based Compensation
AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation
-129000
us-gaap Stock Issued1
StockIssued1
2247000
us-gaap Payments Of Merger Related Costs Financing Activities
PaymentsOfMergerRelatedCostsFinancingActivities
270000
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
160000
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
10000
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-34000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1222000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
4519000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
7938000
us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
14918000
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
12052000
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
21783000
us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
-129000
us-gaap Other Noncash Expense
OtherNoncashExpense
1082000
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
170000
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
5390000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4519000
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
313000
us-gaap Cost Of Goods Sold Excluding Depreciation Depletion And Amortization
CostOfGoodsSoldExcludingDepreciationDepletionAndAmortization
54778000
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
288000
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-23598000
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
872000
us-gaap Costs And Expenses
CostsAndExpenses
113202000
us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
40418000
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
16651000
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-1511000
us-gaap Increase Decrease In Royalties Payable
IncreaseDecreaseInRoyaltiesPayable
-1814000
hstm Number Of Stock Incentive Plans
NumberOfStockIncentivePlans
2 Incentive_Plan
hstm Write Down Of Deferred Revenue
WriteDownOfDeferredRevenue
1500000
CY2013 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
27054000
CY2013 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
6105000
CY2013Q1 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
3900000
CY2013Q1 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
697000
CY2014Q1 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
9194000
CY2014Q1 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
292000
CY2013Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.08
CY2013Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
650000 shares
CY2013Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
27735000 shares
CY2013Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.08
CY2013Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
6000 shares
CY2013Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
27085000 shares
CY2013Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
6000
CY2013Q3 us-gaap Sales Revenue Net
SalesRevenueNet
33659000
CY2013Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
3879000
CY2013Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
2302000
CY2013Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
3925000
CY2013Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
46000
CY2013Q3 us-gaap Net Income Loss
NetIncomeLoss
2296000
CY2013Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
6000
CY2013Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
378000
CY2013Q3 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
2039000
CY2013Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
3210000
CY2013Q3 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
5888000
CY2013Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1629000
CY2013Q3 us-gaap Cost Of Goods Sold Excluding Depreciation Depletion And Amortization
CostOfGoodsSoldExcludingDepreciationDepletionAndAmortization
14092000
CY2013Q3 us-gaap Costs And Expenses
CostsAndExpenses
29780000
CY2013Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
4551000
CY2014Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.12
CY2014Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
442000 shares
CY2014Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
28047000 shares
CY2014Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.12
CY2014Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
41000 shares
CY2014Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
27605000 shares
CY2014Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-13000
CY2014Q3 us-gaap Sales Revenue Net
SalesRevenueNet
44525000
CY2014Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
4741000
CY2014Q3 us-gaap Income Tax Reconciliation Tax Credits Research
IncomeTaxReconciliationTaxCreditsResearch
670000
CY2014Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
3423000
CY2014Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
4790000
CY2014Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
49000
CY2014Q3 us-gaap Net Income Loss
NetIncomeLoss
3436000
CY2014Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-13000
CY2014Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
388000
CY2014Q3 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
2815000
CY2014Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
4211000
CY2014Q3 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
7585000
CY2014Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1354000
CY2014Q3 us-gaap Cost Of Goods Sold Excluding Depreciation Depletion And Amortization
CostOfGoodsSoldExcludingDepreciationDepletionAndAmortization
19115000
CY2014Q3 us-gaap Costs And Expenses
CostsAndExpenses
39784000
CY2014Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
6058000

Files In Submission

Name View Source Status
0001193125-14-389583-index-headers.html Edgar Link pending
0001193125-14-389583-index.html Edgar Link pending
0001193125-14-389583.txt Edgar Link pending
0001193125-14-389583-xbrl.zip Edgar Link pending
d798388d10q.htm Edgar Link pending
d798388dex311.htm Edgar Link pending
d798388dex312.htm Edgar Link pending
d798388dex321.htm Edgar Link pending
d798388dex322.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
Financial_Report.xlsx Edgar Link pending
hstm-20140930.xml Edgar Link completed
hstm-20140930.xsd Edgar Link pending
hstm-20140930_cal.xml Edgar Link unprocessable
hstm-20140930_def.xml Edgar Link unprocessable
hstm-20140930_lab.xml Edgar Link unprocessable
hstm-20140930_pre.xml Edgar Link unprocessable
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R4.htm Edgar Link pending
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending