$III
Information Services Group Inc

2012 Q3 Form 10-Q Financial Statement

#000110465912076669 Filed on November 09, 2012

View on sec.gov

Income Statement

Concept 2012 Q3 2011 Q4 2011 Q3
Revenue $46.47M $44.61M $48.90M
YoY Change -4.97% 41.14% 51.91%
Cost Of Revenue $27.88M $24.87M $28.01M
YoY Change -0.46% 49.55% 50.23%
Gross Profit $18.59M $19.74M $20.90M
YoY Change -11.02% 31.8% 54.24%
Gross Profit Margin 40.01% 44.26% 42.73%
Selling, General & Admin $13.96M $15.41M $16.24M
YoY Change -14.04% 4.83% 52.72%
% of Gross Profit 75.07% 78.05% 77.7%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $2.224M $2.570M $2.882M
YoY Change -22.83% -8.54% 23.16%
% of Gross Profit 11.96% 13.02% 13.79%
Operating Expenses $13.96M $18.00M $16.24M
YoY Change -14.04% 2.86% 52.72%
Operating Profit $2.412M -$59.95M $1.777M
YoY Change 35.73% 2278.77% -103.42%
Interest Expense $790.0K -$1.000M $812.0K
YoY Change -2.71% 12.36% -0.25%
% of Operating Profit 32.75% 45.69%
Other Income/Expense, Net -$855.0K -$1.001M -$980.0K
YoY Change -12.76%
Pretax Income $1.557M -$60.95M $797.0K
YoY Change 95.36% 1692.53% -101.51%
Income Tax $1.347M -$8.960M $3.390M
% Of Pretax Income 86.51% 425.35%
Net Earnings $210.0K -$51.99M -$2.590M
YoY Change -108.11% 2423.79% -95.0%
Net Earnings / Revenue 0.45% -116.53% -5.3%
Basic Earnings Per Share $0.01 -$1.44 -$0.07
Diluted Earnings Per Share $0.01 -$1.44 -$0.07
COMMON SHARES
Basic Shares Outstanding 36.16M shares 36.21M shares 36.34M shares
Diluted Shares Outstanding 38.08M shares 36.21M shares 36.34M shares

Balance Sheet

Concept 2012 Q3 2011 Q4 2011 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $15.00M $24.50M $17.10M
YoY Change -12.28% -39.21% -58.19%
Cash & Equivalents $14.99M $24.47M $17.12M
Short-Term Investments
Other Short-Term Assets $7.200M $751.0K $6.700M
YoY Change 7.46% -82.12% 28.85%
Inventory
Prepaid Expenses
Receivables $45.00M $42.02M $49.69M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $67.20M $70.49M $73.56M
YoY Change -8.64% -0.77% -0.59%
LONG-TERM ASSETS
Property, Plant & Equipment $3.175M $2.954M $3.162M
YoY Change 0.41% 39.8% 43.73%
Goodwill $34.69M $34.69M $69.52M
YoY Change -50.1% -28.43%
Intangibles $29.71M $35.07M $64.71M
YoY Change -54.09% -37.09%
Long-Term Investments
YoY Change
Other Assets $507.0K $1.777M $1.146M
YoY Change -55.76% 23.06% -18.14%
Total Long-Term Assets $68.13M $74.54M $138.5M
YoY Change -50.82% -34.34% 25.6%
TOTAL ASSETS
Total Short-Term Assets $67.20M $70.49M $73.56M
Total Long-Term Assets $68.13M $74.54M $138.5M
Total Assets $135.3M $145.0M $212.1M
YoY Change -36.19% -21.42% 15.08%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $5.348M $4.089M $5.389M
YoY Change -0.76% 146.92% 284.93%
Accrued Expenses $13.61M $14.46M $21.33M
YoY Change -36.21% 35.15% 192.18%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $9.250M $7.000M $6.250M
YoY Change 48.0%
Total Short-Term Liabilities $31.01M $32.44M $36.54M
YoY Change -15.13% 139.74% 261.76%
LONG-TERM LIABILITIES
Long-Term Debt $55.56M $63.06M $64.81M
YoY Change -14.27% -9.67% -7.14%
Other Long-Term Liabilities $2.770M $7.072M $4.871M
YoY Change -43.13% 10615.15% 4771.0%
Total Long-Term Liabilities $58.33M $70.14M $69.68M
YoY Change -16.29% 0.37% -0.31%
TOTAL LIABILITIES
Total Short-Term Liabilities $31.01M $32.44M $36.54M
Total Long-Term Liabilities $58.33M $70.14M $69.68M
Total Liabilities $97.79M $109.2M $124.2M
YoY Change -21.29% 6.23% 22.78%
SHAREHOLDERS EQUITY
Retained Earnings -$165.1M -$165.5M -$113.5M
YoY Change 45.38% 51.04%
Common Stock $205.6M $204.1M $204.1M
YoY Change 0.75% 5.75%
Preferred Stock
YoY Change
Treasury Stock (at cost) $746.0K $450.0K $695.0K
YoY Change 7.34% 689.47%
Treasury Stock Shares 572.0K shares 399.0K shares 512.0K shares
Shareholders Equity $37.54M $35.88M $87.80M
YoY Change
Total Liabilities & Shareholders Equity $135.3M $145.0M $212.1M
YoY Change -36.19% -21.42% 15.08%

Cashflow Statement

Concept 2012 Q3 2011 Q4 2011 Q3
OPERATING ACTIVITIES
Net Income $210.0K -$51.99M -$2.590M
YoY Change -108.11% 2423.79% -95.0%
Depreciation, Depletion And Amortization $2.224M $2.570M $2.882M
YoY Change -22.83% -8.54% 23.16%
Cash From Operating Activities $2.910M $9.550M $7.110M
YoY Change -59.07% 83.3% -3331.82%
INVESTING ACTIVITIES
Capital Expenditures -$470.0K -$590.0K -$410.0K
YoY Change 14.63% 168.18% 57.69%
Acquisitions
YoY Change
Other Investing Activities $0.00 -$60.00K $0.00
YoY Change -98.96%
Cash From Investing Activities -$460.0K -$640.0K -$420.0K
YoY Change 9.52% -89.28% 61.54%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -1.940M -1.490M -1.550M
YoY Change 25.16% -2228.57% -2314.29%
NET CHANGE
Cash From Operating Activities 2.910M 9.550M 7.110M
Cash From Investing Activities -460.0K -640.0K -420.0K
Cash From Financing Activities -1.940M -1.490M -1.550M
Net Change In Cash 510.0K 7.420M 5.140M
YoY Change -90.08% -1175.36% -1353.66%
FREE CASH FLOW
Cash From Operating Activities $2.910M $9.550M $7.110M
Capital Expenditures -$470.0K -$590.0K -$410.0K
Free Cash Flow $3.380M $10.14M $7.520M
YoY Change -55.05% 86.74% 18700.0%

Facts In Submission

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<table style="font-size:10pt; font-family:'Times New Roman',times,serif;"> <tr> <td> <p style="MARGIN: 0in 0in 0pt"><b><font style="FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2">NOTE 1&#8212;DESCRIPTION OF ORGANIZATION AND BUSINESS OPERATIONS</font></b></p> <p style="MARGIN: 0in 0in 0pt"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2">&#160;</font></p> <p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.25in"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2">Information Services Group,&#160;Inc. (the &#8220;Company&#8221;) was incorporated in Delaware on July&#160;20, 2006. The Company was formed to acquire, through a merger, capital stock exchange, asset or stock acquisition or other similar business combination one or more domestic or international operating businesses.</font></p> <p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.25in"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2">&#160;</font></p> <p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.25in"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2">On November&#160;16, 2007, we consummated the acquisition of TPI Advisory Services Americas,&#160;Inc., a Texas corporation (&#8220;TPI&#8221;), pursuant to a Purchase Agreement dated April&#160;24, 2007, as amended on September&#160;30, 2007, by and between MCP-TPI Holdings, LLC, a Texas limited liability company (&#8220;MCP-TPI&#8221;), and the Company.&#160; For accounting purposes, the TPI acquisition has been treated as a business combination.&#160; TPI operate as a fact-based sourcing advisory firm specializing in the assessment, evaluation, negotiation and management of service contracts between our clients and those clients&#8217; outside service providers and their internal shared service organizations. These service contracts typically involve the clients&#8217; information technology (&#8220;IT&#8221;) infrastructure or software applications development, data and voice communications, or IT-enabled business processes such as the clients&#8217; internal finance and accounting functions, human resources, call center operations, or supply chain procurement.</font></p> <p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.25in"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2">&#160;</font></p> <p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.25in"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2">On January&#160;4, 2011, the Company completed the acquisition of Compass.&#160; Compass is an independent global provider of business and information technology benchmarking, performance improvement, data and analytics services.&#160; It was founded in 1980 and headquartered in the United Kingdom and has 180 employees in 16 countries serving nearly 250 clients worldwide.&#160; Compass uses benchmarking to support fact-based decision making, analysis to optimize cost reduction, and tools and techniques to manage business performance.&#160; For accounting purposes, the acquisition of Compass has been treated as a business combination.</font></p> <p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.25in"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2">&#160;</font></p> <p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.25in"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2">On February&#160;10, 2011 the Company completed the acquisition of STA Consulting (Salvaggio, Teal&#160;&amp; Associates) an independent information technology advisor serving the public sector. STA Consulting advises clients on information technology strategic planning and the acquisition and implementation of new Enterprise Resource Planning (ERP) and other enterprise administration and management systems.&#160; STA Consulting was founded in 1997 and is based in Austin, Texas with approximately 40 professionals experienced in information systems consulting in public sector areas such as government operations,&#160;IT and project management, contract negotiations, financial management, procurement, human resources and payroll. STA Consulting works with such states as Alaska, Kansas, Kentucky, Louisiana, Mississippi and West Virginia.&#160; For accounting purposes, the acquisition of STA Consulting has been treated as a business combination.</font></p> <p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.25in"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2">&#160;</font></p> <p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.25in"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2">During the fourth quarter of 2011, we merged our individual corporate brands into one globally integrated business under the ISG brand.&#160; We have retained our legacy brands to identify specific products and services we are known for including &#8220;The TPI Index&#8221;, &#8220;TPI Sourcing&#8221; and &#8220;Compass Benchmarks&#8221;.</font></p></td></tr></table>
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dei Entity Registrant Name
EntityRegistrantName
Information Services Group Inc.
dei Entity Central Index Key
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0001371489
dei Document Type
DocumentType
10-Q
dei Document Period End Date
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dei Amendment Flag
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dei Current Fiscal Year End Date
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--12-31
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DocumentFiscalYearFocus
2012
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Entity Filer Category
EntityFilerCategory
Accelerated Filer
CY2012Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
36163424 shares
CY2011Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-1692000 USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-466000 USD
CY2012Q3 us-gaap Long Term Debt Current
LongTermDebtCurrent
9250000 USD
CY2012Q3 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
2808000 USD
us-gaap Use Of Estimates
UseOfEstimates
<table style="font-size:10pt; font-family:'Times New Roman',times,serif;"> <tr> <td> <p style="MARGIN: 0in 0in 0pt"><b><font style="FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2">Use of Estimates</font></b></p> <p style="MARGIN: 0in 0in 0pt"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2">&#160;</font></p> <p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.25in"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2">The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the financial statements and revenues and expenses during the periods reported. Actual results may differ from those estimates. The complexity of the estimation process and issues related to the assumptions, risks and uncertainties inherent in the application of the proportional performance method of accounting affect the amounts of revenues, expenses, unbilled receivables and deferred revenue. Numerous internal and external factors can affect estimates. Estimates are also used for but not limited to: allowance for doubtful accounts, useful lives of furniture, fixtures and equipment, depreciation expense, fair value assumptions in analyzing goodwill and intangible asset impairments, income taxes and deferred tax asset valuation, and the valuation of stock based compensation.</font></p></td></tr></table>
CY2012Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
36159000 shares
CY2012Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.01
CY2012Q3 us-gaap Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
8000 USD
CY2012Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
218000 USD
CY2012Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1923000 shares
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
435000 USD
CY2011Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-2593000 USD
us-gaap Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
35000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
489000 USD
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1254000 shares
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-3951000 USD
CY2012Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.865 pure
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.805 pure
CY2012Q3 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
2300000 USD
CY2012Q3 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
2300000 USD
CY2012Q3 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
400000 USD
CY2012Q3 us-gaap Revenues
Revenues
46469000 USD
CY2011Q3 us-gaap Revenues
Revenues
48901000 USD
us-gaap Revenues
Revenues
143225000 USD
us-gaap Revenues
Revenues
139812000 USD
CY2011Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.425 pure
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.191 pure
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 segment
iii Business Acquisition Convertible Debt Issued Or Issuable Value Assigned
BusinessAcquisitionConvertibleDebtIssuedOrIssuableValueAssigned
6250000 USD
CY2012Q3 iii Number Of Globally Integrated Business
NumberOfGloballyIntegratedBusiness
1 business
CY2012Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
13605000 USD
CY2012Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
55563000 USD
CY2012Q3 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
8447000 USD
CY2012Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
2770000 USD
CY2012Q3 us-gaap Common Stock Value
CommonStockValue
37000 USD
CY2012Q3 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
205594000 USD
CY2012Q3 us-gaap Treasury Stock Value
TreasuryStockValue
746000 USD
CY2012Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-2266000 USD
CY2012Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-165078000 USD
CY2012Q3 us-gaap Cost Of Services
CostOfServices
27876000 USD
us-gaap Cost Of Services
CostOfServices
84672000 USD
CY2012Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
13957000 USD
CY2012Q3 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
2224000 USD
CY2011Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
7000000 USD
CY2011Q4 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
51000 USD
CY2012Q3 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
46469000 USD
us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
143225000 USD
us-gaap Fair Value Inputs Discount Rate
FairValueInputsDiscountRate
0.023 pure
CY2012Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2012Q3 us-gaap Preferred Stock Value
PreferredStockValue
USD
us-gaap Payments Of Merger Related Costs Financing Activities
PaymentsOfMergerRelatedCostsFinancingActivities
2000000 USD
CY2012Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
14987000 USD
CY2012Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
44997000 USD
CY2012Q3 us-gaap Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
3417000 USD
CY2012Q3 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
3801000 USD
CY2012Q3 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
50000 USD
CY2012Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
3175000 USD
CY2012Q3 us-gaap Goodwill
Goodwill
34691000 USD
CY2012Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
29707000 USD
CY2012Q3 us-gaap Foreign Currency Transaction Loss Before Tax
ForeignCurrencyTransactionLossBeforeTax
76000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
47052000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
6637000 USD
CY2012Q3 us-gaap Investment Income Interest
InvestmentIncomeInterest
11000 USD
us-gaap Investment Income Interest
InvestmentIncomeInterest
37000 USD
CY2012Q3 us-gaap Interest Expense
InterestExpense
790000 USD
us-gaap Interest Expense
InterestExpense
2501000 USD
us-gaap Foreign Currency Transaction Loss Before Tax
ForeignCurrencyTransactionLossBeforeTax
69000 USD
CY2012Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1347000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1877000 USD
CY2012Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
349000 USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-19000 USD
us-gaap Depreciation
Depreciation
1275000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
5363000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
399000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
2191000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
383000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-2023000 USD
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-21000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
2544000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
1644000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
1229000 USD
us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
-1796000 USD
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-3197000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
24000 USD
us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
-1000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1496000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
5250000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
1216000 USD
us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
248000 USD
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents Continuing Operations
EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations
144000 USD
us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
200000 USD
us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
600000 USD
iii Percentage Of Revenue Growth Rates
PercentageOfRevenueGrowthRates
0.03 pure
iii Percentage Use To Discount Cash Flow
PercentageUseToDiscountCashFlow
0.135 pure

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