$INVX
Innovex International, Inc.

2015 Form 10-K Financial Statement

#000119312516476825 Filed on February 25, 2016

View on sec.gov

Income Statement

Concept 2015 2014 Q4 2014 Q3
Revenue $844.3M $254.8M $241.8M
YoY Change -9.31% 9.62% 7.58%
Cost Of Revenue $459.3M $142.5M $135.3M
YoY Change -10.56% 7.75% 2.36%
Gross Profit $385.0M $112.3M $106.5M
YoY Change -7.76% 12.08% 15.02%
Gross Profit Margin 45.6% 44.08% 44.05%
Selling, General & Admin $88.04M $22.50M $20.85M
YoY Change -5.09% -13.79% -30.12%
% of Gross Profit 22.87% 20.03% 19.57%
Research & Development $48.10M $11.60M $12.70M
YoY Change 4.79% 5.45% 17.59%
% of Gross Profit 12.49% 10.33% 11.92%
Depreciation & Amortization $30.48M $8.400M $7.700M
YoY Change -2.18% 10.53% 5.48%
% of Gross Profit 7.92% 7.48% 7.23%
Operating Expenses $88.04M $34.10M $20.85M
YoY Change -5.09% -8.09% -30.12%
Operating Profit $248.8M $78.24M $72.99M
YoY Change -10.73% 23.85% 40.41%
Interest Expense $12.00K $100.0K $3.000K
YoY Change -65.71% 0.0% -25.0%
% of Operating Profit 0.0% 0.13% 0.0%
Other Income/Expense, Net
YoY Change
Pretax Income $249.8M $78.30M $73.20M
YoY Change -10.6% 23.7% 40.26%
Income Tax $57.76M $19.20M $17.51M
% Of Pretax Income 23.13% 24.52% 23.93%
Net Earnings $192.0M $59.09M $55.68M
YoY Change -8.0% 25.55% 39.22%
Net Earnings / Revenue 22.74% 23.19% 23.03%
Basic Earnings Per Share $5.00 $1.51 $1.41
Diluted Earnings Per Share $4.98 $1.50 $1.40
COMMON SHARES
Basic Shares Outstanding 38.36M shares 39.47M shares 39.63M shares
Diluted Shares Outstanding 38.53M shares 39.88M shares

Balance Sheet

Concept 2015 2014 Q4 2014 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $381.3M $298.7M $315.0M
YoY Change 27.65% -22.29% -17.3%
Cash & Equivalents $381.3M $298.7M $315.0M
Short-Term Investments
Other Short-Term Assets $78.70M $38.31M $26.94M
YoY Change 27.14% 34.19% 89.38%
Inventory $344.5M $392.6M $407.9M
Prepaid Expenses
Receivables $319.8M $374.0M $331.6M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $1.124B $1.127B $1.104B
YoY Change -0.25% 4.27% 6.65%
LONG-TERM ASSETS
Property, Plant & Equipment $294.3M $309.5M $310.3M
YoY Change -4.91% 1.55% 3.12%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $9.700M $12.59M $14.76M
YoY Change -23.02% 14.49% 32.17%
Total Long-Term Assets $304.0M $322.1M $325.1M
YoY Change -5.65% 2.0% 4.16%
TOTAL ASSETS
Total Short-Term Assets $1.124B $1.127B $1.104B
Total Long-Term Assets $304.0M $322.1M $325.1M
Total Assets $1.428B $1.449B $1.429B
YoY Change -1.45% 3.75% 6.07%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $30.90M $53.84M $48.13M
YoY Change -42.57% 18.44% 33.25%
Accrued Expenses $30.80M $47.70M $52.60M
YoY Change -35.43% 22.62% 31.83%
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 $100.8M $198.6M $169.4M
YoY Change -49.24% 32.92% 21.96%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $0.00 $0.00 $0.00
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $100.8M $198.6M $169.4M
Total Long-Term Liabilities $0.00 $0.00 $0.00
Total Liabilities $103.8M $204.1M $178.9M
YoY Change -49.14% 31.83% 20.36%
SHAREHOLDERS EQUITY
Retained Earnings $1.279B $1.219B
YoY Change 19.51% 19.23%
Common Stock $16.87M $62.84M
YoY Change -91.23% -68.2%
Preferred Stock
YoY Change
Treasury Stock (at cost) $190.2M
YoY Change 1801.96%
Treasury Stock Shares
Shareholders Equity $1.325B $1.245B $1.250B
YoY Change
Total Liabilities & Shareholders Equity $1.428B $1.449B $1.429B
YoY Change -1.45% 3.75% 6.07%

Cashflow Statement

Concept 2015 2014 Q4 2014 Q3
OPERATING ACTIVITIES
Net Income $192.0M $59.09M $55.68M
YoY Change -8.0% 25.55% 39.22%
Depreciation, Depletion And Amortization $30.48M $8.400M $7.700M
YoY Change -2.18% 10.53% 5.48%
Cash From Operating Activities $190.2M $46.70M $35.90M
YoY Change 27.35% 119.25% -34.49%
INVESTING ACTIVITIES
Capital Expenditures $27.08M -$11.30M -$8.000M
YoY Change -36.36% -10.32% 15.94%
Acquisitions $0.00
YoY Change
Other Investing Activities $400.0K $500.0K $0.00
YoY Change -60.0% -16.67% -100.0%
Cash From Investing Activities -$26.66M -$11.00M -$7.900M
YoY Change -35.88% -9.09% 12.86%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $75.81M
YoY Change -60.15%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$73.57M -48.70M -49.70M
YoY Change -60.62% 516.46% -2715.79%
NET CHANGE
Cash From Operating Activities $190.2M 46.70M 35.90M
Cash From Investing Activities -$26.66M -11.00M -7.900M
Cash From Financing Activities -$73.57M -48.70M -49.70M
Net Change In Cash $89.94M -13.00M -21.70M
YoY Change -213.72% -1100.0% -143.66%
FREE CASH FLOW
Cash From Operating Activities $190.2M $46.70M $35.90M
Capital Expenditures $27.08M -$11.30M -$8.000M
Free Cash Flow $163.1M $58.00M $43.90M
YoY Change 52.74% 71.09% -28.85%

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5.22
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CY2015 dei Document Fiscal Year Focus
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2015
CY2015 dei Amendment Flag
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false
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CY2015 us-gaap Segment Reporting Disclosure Of Major Customers
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No other customer accounted for more than 10% of the Company's total revenues in 2015, 2014 or 2013.
CY2015 dei Document Type
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10-K
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0001042893
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CY2015 dei Entity Filer Category
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Large Accelerated Filer
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CY2015 us-gaap Revenue Recognition Percentage Of Completion Method
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CY2015 us-gaap Concentration Risk Credit Risk
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CY2015 us-gaap Revenue Recognition Sales Of Goods
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0
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--12-31
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Yes
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0.013 pure
CY2015 dei Entity Registrant Name
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DRIL-QUIP INC
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EntityWellKnownSeasonedIssuer
Yes
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38531000 shares
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1184700 shares
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167000 shares
CY2015 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
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ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
56.37
CY2015 us-gaap Weighted Average Number Of Shares Outstanding Basic
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38364000 shares
CY2015 dei Document Period End Date
DocumentPeriodEndDate
2015-12-31
CY2015 us-gaap Use Of Estimates
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<div> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 2%; MARGIN-TOP: 18pt"> <i>Use of Estimates</i></p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 6pt; TEXT-INDENT: 4%"> 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 reported amounts of assets and liabilities and disclosure of contingent assets and liabilities as of the date of the financial statements and reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Some of the Company&#x2019;s more significant estimates are those affected by critical accounting policies for revenue recognition, inventories and contingent liabilities.</p> </div>
CY2015 us-gaap Stock Issued During Period Shares Stock Options Exercised
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38500 shares
CY2015 dei Trading Symbol
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DRQ
CY2015 us-gaap Revenue Recognition Sales Of Services
RevenueRecognitionSalesOfServices
<div> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 4%; MARGIN-TOP: 18pt"> <i>Service revenues</i></p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 6pt; TEXT-INDENT: 4%"> The Company earns service revenues from three sources:</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 6pt; MARGIN-TOP: 0pt"> &#xA0;</p> <table style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0" width="100%" border="0"> <tr> <td width="5%">&#xA0;</td> <td valign="top" width="2%" align="left">&#x2022;</td> <td valign="top" width="1%">&#xA0;</td> <td valign="top" align="left">technical advisory assistance;</td> </tr> </table> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 6pt; MARGIN-TOP: 0pt"> &#xA0;</p> <table style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0" width="100%" border="0"> <tr> <td width="5%">&#xA0;</td> <td valign="top" width="2%" align="left">&#x2022;</td> <td valign="top" width="1%">&#xA0;</td> <td valign="top" align="left">rental of running tools; and</td> </tr> </table> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 6pt; MARGIN-TOP: 0pt"> &#xA0;</p> <table style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0" width="100%" border="0"> <tr> <td width="5%">&#xA0;</td> <td valign="top" width="2%" align="left">&#x2022;</td> <td valign="top" width="1%">&#xA0;</td> <td valign="top" align="left">rework and reconditioning of customer-owned Dril-Quip products.</td> </tr> </table> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt; TEXT-INDENT: 4%"> The Company does not install products for its customers, but it does provide technical advisory assistance. At the time of delivery of the product, the customer is not obligated to buy or rent the Company&#x2019;s running tools and the Company is not obligated to perform any subsequent services relating to installation. Technical advisory assistance service revenue is recorded at the time the service is rendered. Service revenues associated with the rental of running and installation tools are recorded as earned. Rework and reconditioning service revenues are recorded when the refurbishment process is complete.</p> <p style="MARGIN-BOTTOM: 0px; FONT-SIZE: 1px; MARGIN-TOP: 12px"> &#xA0;</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 0pt; TEXT-INDENT: 4%"> The Company normally negotiates contracts for products, including those accounted for under the percentage-of-completion method, and services separately. For all product sales, it is the customer&#x2019;s decision as to the timing of the product installation as well as whether Dril-Quip running tools will be purchased or rented. Furthermore, the customer is under no obligation to utilize the Company&#x2019;s technical advisory assistance services. The customer may use a third party or their own personnel.</p> </div>
CY2015 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
5.00
CY2015 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.231 pure
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
0 shares
CY2015 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
27079000
CY2015 us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
70000
CY2015 us-gaap Net Income Loss
NetIncomeLoss
192008000
CY2015 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
2170000
CY2015 us-gaap Revenues
Revenues
844310000
CY2015 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
13125000
CY2015 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
75805000
CY2015 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
158946000
CY2015 us-gaap Operating Income Loss
OperatingIncomeLoss
248835000
CY2015 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-28539000
CY2015 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
17883000
CY2015 us-gaap Income Taxes Paid
IncomeTaxesPaid
61700000
CY2015 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
-51060000
CY2015 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-36729000
CY2015 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
-69000
CY2015 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
140948000
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
249771000
CY2015 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
685364000
CY2015 us-gaap Investment Income Interest
InvestmentIncomeInterest
948000
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
107158000
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
142613000
CY2015 us-gaap Adjustment To Additional Paid In Capital Income Tax Effect From Share Based Compensation Net
AdjustmentToAdditionalPaidInCapitalIncomeTaxEffectFromShareBasedCompensationNet
-1172000
CY2015 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
57763000
CY2015 us-gaap Share Based Compensation
ShareBasedCompensation
13125000
CY2015 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-1611000
CY2015 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
28229000
CY2015 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
5100000
CY2015 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
82631000
CY2015 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-1872000
CY2015 us-gaap Interest Expense
InterestExpense
12000
CY2015 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-26655000
CY2015 us-gaap Costs And Expenses
CostsAndExpenses
595475000
CY2015 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-73565000
CY2015 us-gaap Cost Of Services
CostOfServices
76361000
CY2015 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-3465000
CY2015 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0
CY2015 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
5700000
CY2015 us-gaap Proceeds From Sale Of Machinery And Equipment
ProceedsFromSaleOfMachineryAndEquipment
424000
CY2015 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-89374000
CY2015 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
2170000
CY2015 us-gaap Stock Option Plan Expense
StockOptionPlanExpense
1100000
CY2015 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
75805000
CY2015 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-7304000
CY2015 drq Foreign Currency Transaction Gain Loss After Tax
ForeignCurrencyTransactionGainLossAfterTax
3900000
CY2015 drq Income Tax Benefit Recognition Percentage Of Likelihood Of Being Realized Upon Settlement
IncomeTaxBenefitRecognitionPercentageOfLikelihoodOfBeingRealizedUponSettlement
0.50 pure
CY2015 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
33017000
CY2015 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
61246000
CY2015 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
70000
CY2015 drq Revenue From Inter Company Transactions
RevenueFromInterCompanyTransactions
64352000
CY2015 drq Percentage Of Cumulative Revenue
PercentageOfCumulativeRevenue
0.16 pure
CY2015 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
88044000
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
751000
CY2015 us-gaap Cost Of Goods Sold
CostOfGoodsSold
382925000
CY2015 us-gaap Depreciation
Depreciation
30500000
CY2015 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
30477000
CY2015 us-gaap Restricted Stock Expense
RestrictedStockExpense
7200000
CY2015 us-gaap Cost Of Revenue
CostOfRevenue
459286000
CY2015 drq Number Of Geographic Segments
NumberOfGeographicSegments
3 Segment
CY2015 drq Percentage Of Product Revenue
PercentageOfProductRevenue
0.19 pure
CY2015 drq Performance Stock Units Expense
PerformanceStockUnitsExpense
4500000
CY2015 drq Number Of Projects
NumberOfProjects
14 Project
CY2015 drq Number Of Product Revenue Sources
NumberOfProductRevenueSources
2 Method
CY2015 drq Number Of Headquarter Locations
NumberOfHeadquarterLocations
3 Location
CY2015 drq Engineering And Product Development
EngineeringAndProductDevelopment
48145000
CY2015 drq Deferred Income Tax Expense Benefits
DeferredIncomeTaxExpenseBenefits
-3483000
CY2015 drq Number Of Service Revenue Sources
NumberOfServiceRevenueSources
3 Source
CY2015 drq Share Based Compensation Arrangement By Share Based Payment Award Number Of Securities To Be Issued Upon Exercise Of Outstanding Options
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSecuritiesToBeIssuedUponExerciseOfOutstandingOptions
415122 shares
CY2015 drq Allocated Share Based Compensation Expense Capitalized
AllocatedShareBasedCompensationExpenseCapitalized
0
CY2015 drq Share Based Compensation Arrangement By Share Based Payment Award Options Exercised And Vested
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisedAndVested
168268000 shares
CY2015 drq Reporting Information Eliminations
ReportingInformationEliminations
64352000
CY2015 drq Share Based Compensation Arrangement By Share Based Payment Award Number Of Securities Remaining Available For Future Issuance Under Equity Compensation Plan
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSecuritiesRemainingAvailableForFutureIssuanceUnderEquityCompensationPlan
441914 shares
CY2015 drq Effective Income Tax Rate Reconciliation Foreign Intellectual Property Transfer
EffectiveIncomeTaxRateReconciliationForeignIntellectualPropertyTransfer
0.008 pure
CY2014Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.04
CY2014Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.05
CY2014Q1 us-gaap Net Income Loss
NetIncomeLoss
42618000
CY2014Q1 us-gaap Revenues
Revenues
204073000
CY2014Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
58567000
CY2014Q1 us-gaap Gross Profit
GrossProfit
93286000
CY2014Q1 us-gaap Cost Of Revenue
CostOfRevenue
110787000
CY2015Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.38
CY2015Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.38
CY2015Q1 us-gaap Net Income Loss
NetIncomeLoss
53664000
CY2015Q1 us-gaap Revenues
Revenues
226002000
CY2015Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
71693000
CY2015Q1 us-gaap Gross Profit
GrossProfit
100864000
CY2015Q1 us-gaap Cost Of Revenue
CostOfRevenue
125138000
CY2014Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.27
CY2014Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.27
CY2014Q2 us-gaap Net Income Loss
NetIncomeLoss
51324000
CY2014Q2 us-gaap Revenues
Revenues
230315000
CY2014Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
68954000
CY2014Q2 us-gaap Gross Profit
GrossProfit
105322000
CY2014Q2 us-gaap Cost Of Revenue
CostOfRevenue
124993000
CY2015Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.01
CY2015Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.01
CY2015Q2 us-gaap Net Income Loss
NetIncomeLoss
39213000
CY2015Q2 us-gaap Revenues
Revenues
215276000
CY2015Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
52579000
CY2015Q2 us-gaap Gross Profit
GrossProfit
97612000
CY2015Q2 us-gaap Cost Of Revenue
CostOfRevenue
117664000
CY2014Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.40
CY2014Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.41
CY2014Q3 us-gaap Net Income Loss
NetIncomeLoss
55683000
CY2014Q3 us-gaap Revenues
Revenues
241750000
CY2014Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
72992000
CY2014Q3 us-gaap Gross Profit
GrossProfit
106500000
CY2014Q3 us-gaap Cost Of Revenue
CostOfRevenue
135250000
CY2015Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.32
CY2015Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.32
CY2015Q3 us-gaap Net Income Loss
NetIncomeLoss
50777000
CY2015Q3 us-gaap Revenues
Revenues
201402000
CY2015Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
64255000
CY2015Q3 us-gaap Gross Profit
GrossProfit
93270000
CY2015Q3 us-gaap Cost Of Revenue
CostOfRevenue
108132000
CY2014Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.50
CY2014Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.51
CY2014Q4 us-gaap Net Income Loss
NetIncomeLoss
59087000
CY2014Q4 us-gaap Revenues
Revenues
254819000
CY2014Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
78235000
CY2014Q4 us-gaap Gross Profit
GrossProfit
112322000
CY2014Q4 us-gaap Cost Of Revenue
CostOfRevenue
142497000
CY2015Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.28
CY2015Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.28
CY2015Q4 us-gaap Net Income Loss
NetIncomeLoss
48354000
CY2015Q4 us-gaap Revenues
Revenues
201630000
CY2015Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
60308000
CY2015Q4 us-gaap Gross Profit
GrossProfit
93278000
CY2015Q4 us-gaap Cost Of Revenue
CostOfRevenue
108352000

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