$HSTM
HealthStream Inc

2018 Q4 Form 10-Q Financial Statement

#000156459018025405 Filed on October 29, 2018

View on sec.gov

Income Statement

Concept 2018 Q4 2018 Q3 2017 Q4
Revenue $59.83M $59.93M $55.27M
YoY Change 8.25% -5.71% 122.06%
Cost Of Revenue $25.43M $25.10M $22.31M
YoY Change 13.98% -6.1% 389.25%
Gross Profit $34.40M $34.82M $32.96M
YoY Change 4.37% -5.44% 62.12%
Gross Profit Margin 57.5% 58.11% 59.63%
Selling, General & Admin $18.84M $17.56M $19.06M
YoY Change -1.15% 0.23% 56.87%
% of Gross Profit 54.77% 50.43% 57.83%
Research & Development $6.590M $6.600M $6.220M
YoY Change 5.95% -5.58% 129.52%
% of Gross Profit 19.16% 18.95% 18.87%
Depreciation & Amortization $6.130M $6.010M $6.180M
YoY Change -0.81% -8.52% 40.77%
% of Gross Profit 17.82% 17.26% 18.75%
Operating Expenses $31.56M $6.600M $31.45M
YoY Change 0.35% -5.58% 63.46%
Operating Profit $2.840M $4.661M $1.510M
YoY Change 88.08% 17.05% 38.53%
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net $840.0K -$548.0K $250.0K
YoY Change 236.0% -416.76% 108.33%
Pretax Income $3.680M $4.113M $1.760M
YoY Change 109.09% -1.01% 46.67%
Income Tax $750.0K $1.100M $290.0K
% Of Pretax Income 20.38% 26.74% 16.48%
Net Earnings $2.790M $3.036M $3.950M
YoY Change -29.37% 21.25% -1374.19%
Net Earnings / Revenue 4.66% 5.07% 7.15%
Basic Earnings Per Share $0.09
Diluted Earnings Per Share $86.06K $0.09 $122.5K
COMMON SHARES
Basic Shares Outstanding 32.33M 32.32M 31.90M shares
Diluted Shares Outstanding 32.42M

Balance Sheet

Concept 2018 Q4 2018 Q3 2017 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $168.8M $174.3M $131.1M
YoY Change 28.75% 41.25% 27.05%
Cash & Equivalents $134.3M $130.3M $84.77M
Short-Term Investments $34.50M $44.00M $46.35M
Other Short-Term Assets $18.02M $10.71M $8.330M
YoY Change 116.28% 25.66% -4.19%
Inventory
Prepaid Expenses
Receivables $38.12M $28.84M $36.69M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $241.4M $230.7M $199.7M
YoY Change 20.88% 21.86% 12.56%
LONG-TERM ASSETS
Property, Plant & Equipment $15.87M $8.683M $8.092M
YoY Change 96.07% -12.5% -21.02%
Goodwill $86.14M $86.14M $86.14M
YoY Change 0.0% -21.9% 0.62%
Intangibles
YoY Change
Long-Term Investments $1.300M $3.400M $3.800M
YoY Change -65.79% -10.53% 15.15%
Other Assets $783.0K $761.0K $754.0K
YoY Change 3.85% 8.87% 25.04%
Total Long-Term Assets $200.5M $190.8M $211.4M
YoY Change -5.15% -11.06% -3.28%
TOTAL ASSETS
Total Short-Term Assets $241.4M $230.7M $199.7M
Total Long-Term Assets $200.5M $190.8M $211.4M
Total Assets $441.9M $421.5M $411.1M
YoY Change 7.5% 4.37% 3.82%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $8.497M $20.10M $4.178M
YoY Change 103.37% 32.24% 33.61%
Accrued Expenses $16.54M $15.20M $9.567M
YoY Change 72.89% 16.92% 17.44%
Deferred Revenue $66.06M
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $106.9M $97.51M $101.1M
YoY Change 5.73% 2.92% 6.42%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $2.211M $882.0K $1.048M
YoY Change 110.97% -41.08% -4.29%
Total Long-Term Liabilities $2.211M $882.0K $1.048M
YoY Change 110.97% -41.08% -4.29%
TOTAL LIABILITIES
Total Short-Term Liabilities $106.9M $97.51M $101.1M
Total Long-Term Liabilities $2.211M $882.0K $1.048M
Total Liabilities $109.1M $98.39M $102.1M
YoY Change 6.81% 2.24% 6.3%
SHAREHOLDERS EQUITY
Retained Earnings $32.37M $29.58M $17.54M
YoY Change 84.55% 117.62% 228.13%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $318.9M $315.7M $300.2M
YoY Change
Total Liabilities & Shareholders Equity $441.9M $421.5M $411.1M
YoY Change 7.5% 4.37% 3.82%

Cashflow Statement

Concept 2018 Q4 2018 Q3 2017 Q4
OPERATING ACTIVITIES
Net Income $2.790M $3.036M $3.950M
YoY Change -29.37% 21.25% -1374.19%
Depreciation, Depletion And Amortization $6.130M $6.010M $6.180M
YoY Change -0.81% -8.52% 40.77%
Cash From Operating Activities $14.45M $13.60M $11.05M
YoY Change 30.77% 7.77% 19.46%
INVESTING ACTIVITIES
Capital Expenditures -$6.070M -$4.020M -$2.800M
YoY Change 116.79% 9.54% -1.75%
Acquisitions
YoY Change
Other Investing Activities -$4.240M -$1.860M $15.97M
YoY Change -126.55% -40.19% 319.16%
Cash From Investing Activities -$10.30M -$5.890M $13.17M
YoY Change -178.21% -13.13% 1271.87%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -100.0K -10.00K 90.00K
YoY Change -211.11% -114.29% -123.08%
NET CHANGE
Cash From Operating Activities 14.45M 13.60M 11.05M
Cash From Investing Activities -10.30M -5.890M 13.17M
Cash From Financing Activities -100.0K -10.00K 90.00K
Net Change In Cash 4.050M 7.700M 24.31M
YoY Change -83.34% 30.29% 147.56%
FREE CASH FLOW
Cash From Operating Activities $14.45M $13.60M $11.05M
Capital Expenditures -$6.070M -$4.020M -$2.800M
Free Cash Flow $20.52M $17.62M $13.85M
YoY Change 48.16% 8.16% 14.46%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Entity Small Business
EntitySmallBusiness
false
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
CY2018Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
32325409
CY2018Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
130283000
CY2017Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
84768000
CY2018Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
28835000
CY2017Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
36691000
CY2018Q3 us-gaap Unbilled Receivables Current
UnbilledReceivablesCurrent
2597000
CY2017Q4 us-gaap Unbilled Receivables Current
UnbilledReceivablesCurrent
1327000
CY2018Q3 us-gaap Prepaid Royalties
PrepaidRoyalties
14205000
CY2017Q4 us-gaap Prepaid Royalties
PrepaidRoyalties
16137000
CY2018Q3 us-gaap Other Assets Current
OtherAssetsCurrent
10714000
CY2017Q4 us-gaap Other Assets Current
OtherAssetsCurrent
8330000
CY2018Q3 us-gaap Assets Current
AssetsCurrent
230659000
CY2018Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
8683000
CY2017Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2017Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
1979000
CY2017Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
24392000
CY2017Q4 us-gaap Capitalized Computer Software Accumulated Amortization
CapitalizedComputerSoftwareAccumulatedAmortization
37174000
CY2018Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.09
CY2018Q3 us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
16000
CY2018Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
16000
CY2018Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
3052000
us-gaap Amortization Of Deferred Sales Commissions
AmortizationOfDeferredSalesCommissions
5700000
CY2018Q3 us-gaap Goodwill
Goodwill
86144000
CY2017Q4 us-gaap Goodwill
Goodwill
86144000
CY2017Q4 us-gaap Deferred Tax Assets Liabilities Net Noncurrent
DeferredTaxAssetsLiabilitiesNetNoncurrent
45000
CY2017Q4 us-gaap Assets
Assets
411119000
CY2017Q4 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
16507000
CY2017Q4 us-gaap Accrued Royalties Current
AccruedRoyaltiesCurrent
12849000
CY2017Q4 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
64938000
CY2018Q3 us-gaap Liabilities Current
LiabilitiesCurrent
97509000
CY2017Q4 us-gaap Liabilities Current
LiabilitiesCurrent
101066000
CY2018Q3 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
5082000
CY2017Q4 us-gaap Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
6287000
CY2017Q4 us-gaap Common Stocks Including Additional Paid In Capital
CommonStocksIncludingAdditionalPaidInCapital
282666000
CY2017Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
17542000
CY2017Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-38000
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
300170000
CY2017Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
411119000
CY2018Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
75000000
CY2018Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
32325000
CY2018Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
32325000
CY2018Q3 us-gaap Available For Sale Securities Current
AvailableForSaleSecuritiesCurrent
44025000
CY2017Q4 us-gaap Available For Sale Securities Current
AvailableForSaleSecuritiesCurrent
46350000
CY2017Q4 us-gaap Assets Of Disposal Group Including Discontinued Operation Current
AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent
6125000
CY2017Q4 us-gaap Assets Current
AssetsCurrent
199728000
CY2017Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
8092000
CY2018Q3 us-gaap Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
16770000
CY2017Q4 us-gaap Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
16014000
CY2018Q3 us-gaap Deferred Sales Commission
DeferredSalesCommission
13474000
CY2018Q3 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
3359000
CY2017Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
3772000
CY2018Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
761000
CY2017Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
754000
CY2017Q4 us-gaap Disposal Group Including Discontinued Operation Assets Noncurrent
DisposalGroupIncludingDiscontinuedOperationAssetsNoncurrent
28073000
CY2018Q3 us-gaap Assets
Assets
421500000
CY2018Q3 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
20135000
CY2018Q3 us-gaap Accrued Royalties Current
AccruedRoyaltiesCurrent
15223000
CY2018Q3 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
62151000
CY2017Q4 us-gaap Liabilities Of Disposal Group Including Discontinued Operation Current
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent
6772000
CY2018Q3 us-gaap Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
2333000
CY2018Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
882000
CY2017Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
1048000
CY2017Q4 us-gaap Liabilities Of Disposal Group Including Discontinued Operation Noncurrent
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationNoncurrent
2548000
CY2018Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2018Q3 us-gaap Common Stocks Including Additional Paid In Capital
CommonStocksIncludingAdditionalPaidInCapital
286128000
CY2018Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
29583000
CY2018Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-17000
CY2018Q3 us-gaap Stockholders Equity
StockholdersEquity
315694000
CY2018Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
421500000
CY2018Q3 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
1112000
CY2018Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
28497000
CY2018Q3 us-gaap Capitalized Computer Software Accumulated Amortization
CapitalizedComputerSoftwareAccumulatedAmortization
44316000
CY2018Q3 us-gaap Common Stock No Par Value
CommonStockNoParValue
CY2017Q4 us-gaap Common Stock No Par Value
CommonStockNoParValue
CY2017Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
75000000
CY2017Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
31908000
CY2017Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
31908000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
171791000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
159630000
us-gaap Cost Of Goods Sold Excluding Depreciation Depletion And Amortization
CostOfGoodsSoldExcludingDepreciationDepletionAndAmortization
70586000
us-gaap Cost Of Goods Sold Excluding Depreciation Depletion And Amortization
CostOfGoodsSoldExcludingDepreciationDepletionAndAmortization
64898000
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
19149000
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
17929000
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
26536000
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
27764000
us-gaap Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
24769000
us-gaap Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
23269000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
18097000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
17874000
us-gaap Costs And Expenses
CostsAndExpenses
159137000
us-gaap Costs And Expenses
CostsAndExpenses
151734000
us-gaap Operating Income Loss
OperatingIncomeLoss
12654000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2709000
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
10320000
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
5668000
us-gaap Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax
-64000
us-gaap Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax
762000
us-gaap Discontinued Operation Gain Loss From Disposal Of Discontinued Operation Before Income Tax
DiscontinuedOperationGainLossFromDisposalOfDiscontinuedOperationBeforeIncomeTax
29490000
CY2018Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.09
CY2017Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.02
CY2018Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.09
CY2017Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.02
CY2018Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.09
CY2018Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
32322000
CY2018Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
32415000
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.00
us-gaap Cumulative Effect On Retained Earnings Net Of Tax1
CumulativeEffectOnRetainedEarningsNetOfTax1
15132000
us-gaap Dividends Common Stock Stock
DividendsCommonStockStock
32518000
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1215000
us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
2247000
us-gaap Profit Loss
ProfitLoss
29427000
us-gaap Share Based Compensation
ShareBasedCompensation
1306000
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
690000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
661000
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
25000
hstm Change In Fair Value Of Cost Method Investments
ChangeInFairValueOfCostMethodInvestments
1271000
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
22000
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-351000
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
-4422000
us-gaap Increase Decrease In Prepaid Royalties
IncreaseDecreaseInPrepaidRoyalties
-1006000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-7000
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
128000
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
1750000
us-gaap Increase Decrease In Royalties Payable
IncreaseDecreaseInRoyaltiesPayable
91000
us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
-1464000
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
32353000
us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
3310000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
35663000
us-gaap Proceeds From Divestiture Of Businesses And Interests In Affiliates
ProceedsFromDivestitureOfBusinessesAndInterestsInAffiliates
57827000
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
69566000
us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
79290000
hstm Payments To Acquire Cost Method Investments
PaymentsToAcquireCostMethodInvestments
833000
hstm Payments To Acquire Cost Method Investments
PaymentsToAcquireCostMethodInvestments
500000
us-gaap Payments For Software
PaymentsForSoftware
8042000
us-gaap Payments For Software
PaymentsForSoftware
7480000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
4342000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
4828000
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
46977000
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-22532000
us-gaap Cash Provided By Used In Investing Activities Discontinued Operations
CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations
-115000
us-gaap Cash Provided By Used In Investing Activities Discontinued Operations
CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations
-2217000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
46862000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-24749000
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
2582000
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
322000
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
335000
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
410000
us-gaap Payments Of Merger Related Costs Financing Activities
PaymentsOfMergerRelatedCostsFinancingActivities
38000
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
32357000
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-30148000
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-88000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-30148000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-88000
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
45515000
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
10826000
CY2017Q4 us-gaap Cash And Cash Equivalents At Carrying Value Including Discontinued Operations
CashAndCashEquivalentsAtCarryingValueIncludingDiscontinuedOperations
84768000
CY2016Q4 us-gaap Cash And Cash Equivalents At Carrying Value Including Discontinued Operations
CashAndCashEquivalentsAtCarryingValueIncludingDiscontinuedOperations
49634000
CY2018Q3 us-gaap Cash And Cash Equivalents At Carrying Value Including Discontinued Operations
CashAndCashEquivalentsAtCarryingValueIncludingDiscontinuedOperations
130283000
CY2017Q3 us-gaap Cash And Cash Equivalents At Carrying Value Including Discontinued Operations
CashAndCashEquivalentsAtCarryingValueIncludingDiscontinuedOperations
60460000
CY2018Q3 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
32400000
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
59000000
CY2018Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
370000000
CY2018Q3 us-gaap Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
0.46
CY2018Q3 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P12M
hstm Description Of Sales Commission Plan
DescriptionOfSalesCommissionPlan
Sales commissions earned by our sales organization are considered incremental and recoverable costs of obtaining a contract with a customer. The Company’s sales commission plans for 2018 typically include multiple payments, including initial payments in the period a customer contract is obtained and subsequent payments either 15 or 27 months after the initial payment.
hstm Sales Commissions Amortization Term Description
SalesCommissionsAmortizationTermDescription
Non-commensurate commissions are amortized over the greater of the contract term or expected customer relationship period, limited by the technological obsolescence period of approximately three years.
hstm Sales Commissions Amortization Period
SalesCommissionsAmortizationPeriod
P3Y
CY2018Q3 us-gaap Amortization Of Deferred Sales Commissions
AmortizationOfDeferredSalesCommissions
2000000
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.20
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.32
CY2017 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
us-gaap Dividends Payable Date Declared Day Month And Year
DividendsPayableDateDeclaredDayMonthAndYear
2018-02-12
us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
1.00
us-gaap Dividend Payable Date To Be Paid Day Month And Year
DividendPayableDateToBePaidDayMonthAndYear
2018-04-03
us-gaap Dividends Payable Date Of Record Day Month And Year
DividendsPayableDateOfRecordDayMonthAndYear
2018-03-06
hstm Number Of Stock Incentive Plans
NumberOfStockIncentivePlans
2
CY2018Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
459000
CY2017Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
401000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1306000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1241000
CY2018Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
70000
CY2017Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
31000
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
100000
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
68000
CY2018Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
93000
CY2017Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
324000
CY2018Q3 hstm Change In Fair Value Of Cost Method Investments
ChangeInFairValueOfCostMethodInvestments
1300000
CY2018Q3 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
2100000
CY2017Q4 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
2500000

Files In Submission

Name View Source Status
0001564590-18-025405-index-headers.html Edgar Link pending
0001564590-18-025405-index.html Edgar Link pending
0001564590-18-025405.txt Edgar Link pending
0001564590-18-025405-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
hstm-10q_20180930.htm Edgar Link pending
hstm-20180930.xml Edgar Link completed
hstm-20180930.xsd Edgar Link pending
hstm-20180930_cal.xml Edgar Link unprocessable
hstm-20180930_def.xml Edgar Link unprocessable
hstm-20180930_lab.xml Edgar Link unprocessable
hstm-20180930_pre.xml Edgar Link unprocessable
hstm-ex311_8.htm Edgar Link pending
hstm-ex312_9.htm Edgar Link pending
hstm-ex321_7.htm Edgar Link pending
hstm-ex322_6.htm Edgar Link pending
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
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.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