2015 Q3 Form 10-Q Financial Statement

#000088616315000110 Filed on November 09, 2015

View on sec.gov

Income Statement

Concept 2015 Q3 2014 Q4 2014 Q3
Revenue $17.70M $23.00M $14.97M
YoY Change 18.22% 56.06% 15.13%
Cost Of Revenue $1.250M $4.000M $1.496M
YoY Change -16.44% 203.03% -41.06%
Gross Profit $16.45M $19.00M $13.48M
YoY Change 22.07% 41.58% 28.76%
Gross Profit Margin 92.94% 82.61% 90.01%
Selling, General & Admin $4.970M $5.520M $6.740M
YoY Change -26.26% 24.89% 41.6%
% of Gross Profit 30.21% 29.05% 50.01%
Research & Development $1.945M $3.280M $3.021M
YoY Change -35.62% 38.4% 25.14%
% of Gross Profit 11.82% 17.26% 22.42%
Depreciation & Amortization $643.0K $700.0K $662.0K
YoY Change -2.87% 0.0% -0.9%
% of Gross Profit 3.91% 3.68% 4.91%
Operating Expenses $1.945M $8.800M $3.021M
YoY Change -35.62% 29.6% 25.14%
Operating Profit $8.597M $10.20M $3.532M
YoY Change 143.4% 53.85% 15.05%
Interest Expense $2.930M -$2.910M $1.516M
YoY Change 93.27% 809.38% 284.77%
% of Operating Profit 34.08% -28.53% 42.92%
Other Income/Expense, Net -$1.313M $290.0K -$2.631M
YoY Change -50.1% -107.07% 151.77%
Pretax Income $7.284M $7.010M $901.0K
YoY Change 708.44% 248.76% -55.51%
Income Tax -$191.9M $280.0K $124.0K
% Of Pretax Income -2634.28% 3.99% 13.76%
Net Earnings $199.2M $7.055M $1.280M
YoY Change 15459.77% 277.47% -34.86%
Net Earnings / Revenue 1125.16% 30.68% 8.55%
Basic Earnings Per Share $10.01 $0.35 $0.06
Diluted Earnings Per Share $9.28 $0.34 $0.06
COMMON SHARES
Basic Shares Outstanding 19.89M shares 19.88M shares 20.42M shares
Diluted Shares Outstanding 21.46M shares 20.79M shares 21.35M shares

Balance Sheet

Concept 2015 Q3 2014 Q4 2014 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $187.3M $167.3M $186.6M
YoY Change 0.38% 945.63% 5554.55%
Cash & Equivalents $93.77M $160.2M $180.7M
Short-Term Investments $93.50M $7.100M $5.900M
Other Short-Term Assets $1.777M $1.842M $1.602M
YoY Change 10.92% 92.08% 5.95%
Inventory $1.221M $269.0K $1.071M
Prepaid Expenses $1.494M $835.0K $1.178M
Receivables $5.500M $12.60M $5.800M
Other Receivables $6.700M $1.500M $1.800M
Total Short-Term Assets $210.3M $185.2M $198.5M
YoY Change 5.95% 644.17% 1093.39%
LONG-TERM ASSETS
Property, Plant & Equipment $355.0K $486.0K $551.0K
YoY Change -35.57% -43.94% -33.93%
Goodwill $12.24M $12.24M $12.24M
YoY Change 0.0% 0.0% 0.0%
Intangibles $48.94M $50.72M $51.32M
YoY Change -4.63% -4.47% -4.42%
Long-Term Investments $31.83M $0.00
YoY Change
Other Assets $248.0K $207.0K $230.0K
YoY Change 7.83% -30.77% -33.14%
Total Long-Term Assets $286.0M $72.87M $73.76M
YoY Change 287.73% -8.72% -13.26%
TOTAL ASSETS
Total Short-Term Assets $210.3M $185.2M $198.5M
Total Long-Term Assets $286.0M $72.87M $73.76M
Total Assets $496.3M $258.0M $272.3M
YoY Change 82.28% 146.42% 167.79%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $3.143M $7.698M $4.864M
YoY Change -35.38% 94.84% 13.01%
Accrued Expenses $4.156M $4.866M $4.311M
YoY Change -3.6% -8.83% -6.67%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $1.300M $2.400M $2.900M
YoY Change -55.17% -79.83% -80.92%
Total Short-Term Liabilities $16.25M $22.78M $18.43M
YoY Change -11.83% -21.29% -43.21%
LONG-TERM LIABILITIES
Long-Term Debt $203.0M $196.8M $194.8M
YoY Change 4.21% 6248.39% 5164.86%
Other Long-Term Liabilities $643.0K $770.0K $737.0K
YoY Change -12.75% 10.79% 6.81%
Total Long-Term Liabilities $643.0K $770.0K $737.0K
YoY Change -12.75% 10.79% 6.81%
TOTAL LIABILITIES
Total Short-Term Liabilities $16.25M $22.78M $18.43M
Total Long-Term Liabilities $643.0K $770.0K $737.0K
Total Liabilities $229.5M $233.6M $229.5M
YoY Change 0.01% 323.99% 303.61%
SHAREHOLDERS EQUITY
Retained Earnings -$435.8M -$659.3M -$666.4M
YoY Change -34.6% -1.79% -1.02%
Common Stock $20.00K $20.00K $20.00K
YoY Change 0.0% -4.76% -9.09%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $266.8M $26.32M $44.37M
YoY Change
Total Liabilities & Shareholders Equity $496.3M $258.0M $272.3M
YoY Change 82.28% 146.42% 167.79%

Cashflow Statement

Concept 2015 Q3 2014 Q4 2014 Q3
OPERATING ACTIVITIES
Net Income $199.2M $7.055M $1.280M
YoY Change 15459.77% 277.47% -34.86%
Depreciation, Depletion And Amortization $643.0K $700.0K $662.0K
YoY Change -2.87% 0.0% -0.9%
Cash From Operating Activities $10.50M $10.30M $3.700M
YoY Change 183.78% -14.17% -1333.33%
INVESTING ACTIVITIES
Capital Expenditures $0.00 -$1.000M $0.00
YoY Change 900.0% -100.0%
Acquisitions
YoY Change
Other Investing Activities -$26.30M -$700.0K $100.0K
YoY Change -26400.0% -22.22% -200.0%
Cash From Investing Activities -$26.40M -$1.700M $100.0K
YoY Change -26500.0% 70.0% -133.33%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 1.500M -29.00M 162.3M
YoY Change -99.08% 974.07% -7828.57%
NET CHANGE
Cash From Operating Activities 10.50M 10.30M 3.700M
Cash From Investing Activities -26.40M -1.700M 100.0K
Cash From Financing Activities 1.500M -29.00M 162.3M
Net Change In Cash -14.40M -20.40M 166.1M
YoY Change -108.67% -345.78% -6251.85%
FREE CASH FLOW
Cash From Operating Activities $10.50M $10.30M $3.700M
Capital Expenditures $0.00 -$1.000M $0.00
Free Cash Flow $10.50M $11.30M $3.700M
YoY Change 183.78% -6.61% -1950.0%

Facts In Submission

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us-gaap Cost Of Goods Sold
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4923000 USD
CY2014Q3 us-gaap Deconsolidation Gain Or Loss Amount
DeconsolidationGainOrLossAmount
0 USD
us-gaap Deconsolidation Gain Or Loss Amount
DeconsolidationGainOrLossAmount
0 USD
CY2015Q3 us-gaap Deconsolidation Gain Or Loss Amount
DeconsolidationGainOrLossAmount
0 USD
us-gaap Deconsolidation Gain Or Loss Amount
DeconsolidationGainOrLossAmount
28190000 USD
CY2014Q4 us-gaap Deferred Rent Credit Noncurrent
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327000 USD
CY2015Q3 us-gaap Deferred Rent Credit Noncurrent
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291000 USD
CY2014Q4 us-gaap Deferred Revenue Current
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1063000 USD
CY2015Q3 us-gaap Deferred Revenue Current
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34000 USD
CY2014Q4 us-gaap Deferred Revenue Noncurrent
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2085000 USD
CY2015Q3 us-gaap Deferred Revenue Noncurrent
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2083000 USD
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0 USD
CY2015Q3 us-gaap Deferred Tax Assets Liabilities Net Current
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7517000 USD
CY2014Q4 us-gaap Deferred Tax Assets Liabilities Net Noncurrent
DeferredTaxAssetsLiabilitiesNetNoncurrent
0 USD
CY2015Q3 us-gaap Deferred Tax Assets Liabilities Net Noncurrent
DeferredTaxAssetsLiabilitiesNetNoncurrent
206423000 USD
CY2014Q4 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
2792000 USD
CY2015Q3 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
0 USD
CY2014Q3 us-gaap Depreciation
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100000 USD
us-gaap Depreciation
Depreciation
200000 USD
CY2015Q3 us-gaap Depreciation
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100000 USD
us-gaap Depreciation
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200000 USD
CY2014Q3 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
662000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
1998000 USD
CY2015Q3 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
643000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
1940000 USD
CY2014Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.06
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.24
CY2015Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
11.29
us-gaap Earnings Per Share Basic
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12.61
CY2014Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.06
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.23
CY2014Q4 us-gaap Employee Related Liabilities Current
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1708000 USD
CY2015Q3 us-gaap Employee Related Liabilities Current
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1485000 USD
CY2014Q4 us-gaap Equity Method Investments
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0 USD
CY2015Q3 us-gaap Equity Method Investments
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31826000 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Settlements
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390000 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Into Level3
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5547000 USD
CY2014Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
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322000 USD
CY2015Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
10.46
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
11.78
CY2014Q3 us-gaap Effective Income Tax Rate Continuing Operations
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0.09
us-gaap Effective Income Tax Rate Continuing Operations
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0.03
CY2015Q3 us-gaap Effective Income Tax Rate Continuing Operations
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-29.83
us-gaap Effective Income Tax Rate Continuing Operations
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6.81
CY2015Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
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5547000 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Purchases
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4074000 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements
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390000 USD
CY2014Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
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11819000 USD
CY2015Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
10487000 USD
us-gaap Finite Lived Intangible Asset Useful Life
FiniteLivedIntangibleAssetUsefulLife
P20Y
CY2015Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
2400000 USD
CY2015Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
2400000 USD
CY2015Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
2400000 USD
CY2015Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
2400000 USD
CY2015Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
2400000 USD
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
16000 USD
us-gaap Gain Loss On Disposition Of Assets1
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0 USD
CY2014Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
6742000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
17053000 USD
CY2015Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
4971000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
18190000 USD
CY2014Q4 us-gaap Goodwill
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12238000 USD
CY2015Q3 us-gaap Goodwill
Goodwill
12238000 USD
CY2014Q3 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2015Q3 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2014Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
901000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
4291000 USD
CY2015Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
7284000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
29501000 USD
CY2014Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
0 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
0 USD
CY2015Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-2169000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-3040000 USD
CY2014Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
124000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
131000 USD
CY2015Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-217255000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-216976000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-321000 USD
CY2015Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P6Y6M
us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
16000 USD
us-gaap Income Taxes Paid
IncomeTaxesPaid
19000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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-3478000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-4993000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
3590000 USD
us-gaap Increase Decrease In Accounts Receivable
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-7142000 USD
us-gaap Increase Decrease In Deferred Income Taxes
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-116000 USD
us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
216989000 USD
us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
-2000 USD
us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
-118000 USD
us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
225000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
158000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
1245000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
546000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
615000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
438000 USD
us-gaap Increase Decrease In Restricted Cash For Operating Activities
IncreaseDecreaseInRestrictedCashForOperatingActivities
0 USD
us-gaap Increase Decrease In Restricted Cash For Operating Activities
IncreaseDecreaseInRestrictedCashForOperatingActivities
-661000 USD
CY2014Q3 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
0 shares
us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
0 shares
CY2015Q3 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
745591 shares
us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
402941 shares
CY2014Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
905593 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1010665 shares
CY2015Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
763856 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
922051 shares
CY2014Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
50723000 USD
CY2015Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
48941000 USD
CY2014Q4 us-gaap Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
62961000 USD
CY2015Q3 us-gaap Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
61179000 USD
CY2014Q3 us-gaap Interest Expense
InterestExpense
1516000 USD
us-gaap Interest Expense
InterestExpense
1946000 USD
CY2015Q3 us-gaap Interest Expense
InterestExpense
2930000 USD
us-gaap Interest Expense
InterestExpense
8875000 USD
us-gaap Interest Paid
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494000 USD
us-gaap Interest Paid
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1822000 USD
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925000 USD
CY2015Q3 us-gaap Interest Payable Current
InterestPayableCurrent
956000 USD
CY2014Q4 us-gaap Inventory Net
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269000 USD
CY2015Q3 us-gaap Inventory Net
InventoryNet
1221000 USD
CY2014Q3 us-gaap Inventory Write Down
InventoryWriteDown
0 USD
us-gaap Inventory Write Down
InventoryWriteDown
0 USD
CY2015Q3 us-gaap Inventory Write Down
InventoryWriteDown
0 USD
us-gaap Inventory Write Down
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0 USD
CY2014Q4 us-gaap Liabilities
Liabilities
233621000 USD
CY2015Q3 us-gaap Liabilities
Liabilities
229519000 USD
CY2014Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
258029000 USD
CY2015Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
521700000 USD
us-gaap Net Cash Provided By Used In Operating Activities
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10320000 USD
us-gaap Net Cash Provided By Used In Operating Activities
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28062000 USD
CY2014Q4 us-gaap Liabilities Current
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22779000 USD
CY2015Q3 us-gaap Liabilities Current
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16253000 USD
CY2014Q4 us-gaap Minority Interest
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CY2015Q3 us-gaap Minority Interest
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0 USD
us-gaap Net Cash Provided By Used In Financing Activities
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159020000 USD
us-gaap Net Cash Provided By Used In Financing Activities
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6890000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-316000 USD
us-gaap Net Cash Provided By Used In Investing Activities
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CY2014Q3 us-gaap Net Income Loss
NetIncomeLoss
1280000 USD
us-gaap Net Income Loss
NetIncomeLoss
4969000 USD
CY2015Q3 us-gaap Net Income Loss
NetIncomeLoss
224539000 USD
us-gaap Net Income Loss
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248857000 USD
CY2014Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-503000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-809000 USD
CY2015Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
0 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-2380000 USD
CY2014Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
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us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-5698000 USD
CY2015Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-1313000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
13188000 USD
CY2014Q4 us-gaap Notes And Loans Receivable Gross Current
NotesAndLoansReceivableGrossCurrent
0 USD
CY2015Q3 us-gaap Notes And Loans Receivable Gross Current
NotesAndLoansReceivableGrossCurrent
5547000 USD
CY2014Q4 us-gaap Notes Payable
NotesPayable
196242000 USD
CY2015Q3 us-gaap Notes Payable
NotesPayable
202951000 USD
us-gaap Number Of Reportable Segments
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2 segment
CY2014Q3 us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
11441000 USD
us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
31550000 USD
CY2015Q3 us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
9104000 USD
us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
34409000 USD
CY2014Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
3532000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
9989000 USD
CY2015Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
8597000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
16313000 USD
CY2015Q3 us-gaap Operating Leases Future Minimum Payments Due
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5219000 USD
CY2015Q3 us-gaap Operating Leases Future Minimum Payments Due Future Minimum Sublease Rentals
OperatingLeasesFutureMinimumPaymentsDueFutureMinimumSubleaseRentals
3327000 USD
CY2015Q3 us-gaap Operating Leases Future Minimum Payments Due In Rolling Year Five
OperatingLeasesFutureMinimumPaymentsDueInRollingYearFive
0 USD
CY2015Q3 us-gaap Operating Leases Future Minimum Payments Due In Rolling Year Four
OperatingLeasesFutureMinimumPaymentsDueInRollingYearFour
560000 USD
CY2015Q3 us-gaap Operating Leases Future Minimum Payments Due In Rolling Year Three
OperatingLeasesFutureMinimumPaymentsDueInRollingYearThree
746000 USD
CY2015Q3 us-gaap Operating Leases Future Minimum Payments Due In Rolling Year Two
OperatingLeasesFutureMinimumPaymentsDueInRollingYearTwo
767000 USD
CY2015Q3 us-gaap Operating Leases Future Minimum Payments Next Rolling Twelve Months
OperatingLeasesFutureMinimumPaymentsNextRollingTwelveMonths
3146000 USD
CY2014Q3 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
800000 USD
us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
2600000 USD
CY2015Q3 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
800000 USD
us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
2700000 USD
CY2015Q3 us-gaap Operating Loss Carryforwards Valuation Allowance
OperatingLossCarryforwardsValuationAllowance
9100000 USD
CY2014Q4 us-gaap Other Accrued Liabilities Current
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1069000 USD
CY2015Q3 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
474000 USD
CY2014Q4 us-gaap Other Assets Current
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1842000 USD
CY2015Q3 us-gaap Other Assets Current
OtherAssetsCurrent
1777000 USD
CY2014Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
207000 USD
CY2015Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
248000 USD
CY2014Q3 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
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us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
1870000 USD
CY2015Q3 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
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us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
1978000 USD
CY2014Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
274000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
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CY2015Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
606000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
1591000 USD
CY2014Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
770000 USD
CY2015Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
643000 USD
CY2014Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
505000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
1128000 USD
CY2015Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
1485000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
1889000 USD
us-gaap Payments For Proceeds From Productive Assets
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us-gaap Payments For Proceeds From Productive Assets
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-1000 USD
us-gaap Payments For Repurchase Of Common Stock
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38523000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
489000 USD
us-gaap Payments Of Debt Issuance Costs
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5711000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
0 USD
us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
0 USD
us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
9000000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
0 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
27000 USD
us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
0 USD
us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
111788000 USD
CY2014Q4 us-gaap Prepaid Expense Current
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835000 USD
CY2015Q3 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
1494000 USD
us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
245000000 USD
us-gaap Proceeds From Convertible Debt
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0 USD
us-gaap Proceeds From Issuance Of Warrants
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11637000 USD
us-gaap Proceeds From Issuance Of Warrants
ProceedsFromIssuanceOfWarrants
0 USD
us-gaap Proceeds From Maturities Prepayments And Calls Of Shortterm Investments
ProceedsFromMaturitiesPrepaymentsAndCallsOfShorttermInvestments
0 USD
us-gaap Proceeds From Maturities Prepayments And Calls Of Shortterm Investments
ProceedsFromMaturitiesPrepaymentsAndCallsOfShorttermInvestments
22967000 USD
us-gaap Proceeds From Sale Of Short Term Investments
ProceedsFromSaleOfShortTermInvestments
1496000 USD
us-gaap Proceeds From Sale Of Short Term Investments
ProceedsFromSaleOfShortTermInvestments
5680000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
4124000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
7379000 USD
CY2014Q3 us-gaap Profit Loss
ProfitLoss
777000 USD
us-gaap Profit Loss
ProfitLoss
4160000 USD
CY2015Q3 us-gaap Profit Loss
ProfitLoss
224539000 USD
us-gaap Profit Loss
ProfitLoss
246477000 USD
CY2014Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
3129000 USD
CY2015Q3 us-gaap Property Plant And Equipment Net
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355000 USD
us-gaap Realized Investment Gains Losses
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1241000 USD
us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
1988000 USD
CY2014Q4 us-gaap Receivables Net Current
ReceivablesNetCurrent
12634000 USD
CY2015Q3 us-gaap Receivables Net Current
ReceivablesNetCurrent
5517000 USD
us-gaap Repayments Of Long Term Debt
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9364000 USD
CY2015Q3 us-gaap Property Plant And Equipment Gross
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3087000 USD
CY2014Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
486000 USD
us-gaap Repayments Of Long Term Debt
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0 USD
CY2015Q3 us-gaap Revenues
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17701000 USD
CY2014Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
3021000 USD
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
8842000 USD
CY2015Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
2538000 USD
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
10510000 USD
CY2014Q4 us-gaap Restricted Cash And Investments Current
RestrictedCashAndInvestmentsCurrent
1261000 USD
CY2015Q3 us-gaap Restricted Cash And Investments Current
RestrictedCashAndInvestmentsCurrent
600000 USD
CY2014Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-659315000 USD
CY2015Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-410458000 USD
CY2014Q3 us-gaap Revenues
Revenues
14973000 USD
us-gaap Revenues
Revenues
41539000 USD
us-gaap Revenues
Revenues
50722000 USD
CY2014Q3 us-gaap Royalty Revenue
RoyaltyRevenue
7482000 USD
us-gaap Royalty Revenue
RoyaltyRevenue
20573000 USD
CY2015Q3 us-gaap Royalty Revenue
RoyaltyRevenue
9755000 USD
us-gaap Royalty Revenue
RoyaltyRevenue
26648000 USD
CY2014Q3 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
6334000 USD
us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
15525000 USD
CY2015Q3 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
6046000 USD
us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
20456000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
8795000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
9511000 USD
CY2014Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0
CY2015Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0
CY2014Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.67
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.68
CY2015Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.50
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum
0.58
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum
0.50
CY2014Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.019
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.019
CY2015Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.020
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum
0.020
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum
0.017
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
78685 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
287747 shares
CY2014Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1800697 shares
CY2015Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1712719 shares
CY2014Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
28.78
CY2015Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
34.47
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
24.43
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
45.75
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
62.82
CY2014Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P6Y4M24D
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P6Y4M24D
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P6Y6M26D
CY2014Q4 us-gaap Short Term Investments
ShortTermInvestments
7133000 USD
CY2015Q3 us-gaap Short Term Investments
ShortTermInvestments
93528000 USD
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
297040 shares
CY2014Q4 us-gaap Stockholders Equity
StockholdersEquity
26318000 USD
CY2015Q3 us-gaap Stockholders Equity
StockholdersEquity
292181000 USD
CY2014Q4 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
3388000 USD
CY2015Q3 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
2747000 USD
us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
1870000 USD
us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
3082000 USD
CY2015Q3 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
8300000 USD
CY2014Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
21345311 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
21632521 shares
CY2015Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
21459648 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
21121972 shares
CY2014Q3 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
20417187 shares
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
20584469 shares
CY2015Q3 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
19886877 shares
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
19741081 shares
CY2014Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
20417187 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
20584469 shares
CY2015Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
19886877 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
19741081 shares
CY2014Q3 us-gaap Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
22531 shares
us-gaap Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
37387 shares
CY2015Q3 us-gaap Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
63324 shares
us-gaap Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
55899 shares
us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Use of Estimates</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of condensed consolidated financial statements in conformity with U.S. GAAP requires the use of estimates and assumptions that affect the amounts reported in the condensed consolidated financial statements and the accompanying notes. Actual results may differ from those estimates.</font></div></div>

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