2018 Q1 Form 10-Q Financial Statement
#000088616318000063 Filed on May 09, 2018
Income Statement
Concept | 2018 Q1 | 2017 Q1 |
---|---|---|
Revenue | $56.16M | $29.27M |
YoY Change | 91.88% | -1.29% |
Cost Of Revenue | $788.0K | $341.0K |
YoY Change | 131.09% | -64.29% |
Gross Profit | $55.37M | $28.93M |
YoY Change | 91.42% | 0.81% |
Gross Profit Margin | 98.6% | 98.83% |
Selling, General & Admin | $7.640M | $7.320M |
YoY Change | 4.37% | 7.17% |
% of Gross Profit | 13.8% | 25.31% |
Research & Development | $7.407M | $8.673M |
YoY Change | -14.6% | 116.61% |
% of Gross Profit | 13.38% | 29.98% |
Depreciation & Amortization | $3.002M | $2.979M |
YoY Change | 0.77% | 15.69% |
% of Gross Profit | 5.42% | 10.3% |
Operating Expenses | $7.407M | $8.673M |
YoY Change | -14.6% | 116.61% |
Operating Profit | $37.04M | $10.22M |
YoY Change | 262.58% | -32.33% |
Interest Expense | $3.480M | $2.941M |
YoY Change | 18.33% | -2.13% |
% of Operating Profit | 9.39% | 28.79% |
Other Income/Expense, Net | $18.27M | -$4.023M |
YoY Change | -554.16% | -27.19% |
Pretax Income | $55.31M | $6.193M |
YoY Change | 793.14% | -35.29% |
Income Tax | $10.03M | $10.03M |
% Of Pretax Income | 18.14% | 162.01% |
Net Earnings | $45.28M | $45.28M |
YoY Change | 0.0% | 585.21% |
Net Earnings / Revenue | 80.63% | 154.71% |
Basic Earnings Per Share | $2.13 | $2.13 |
Diluted Earnings Per Share | $1.83 | $1.83 |
COMMON SHARES | ||
Basic Shares Outstanding | 21.21M shares | 21.21M shares |
Diluted Shares Outstanding | 24.80M shares | 24.80M shares |
Balance Sheet
Concept | 2018 Q1 | 2017 Q1 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $291.9M | $159.4M |
YoY Change | 83.12% | 40.81% |
Cash & Equivalents | $51.02M | $10.64M |
Short-Term Investments | $240.9M | $148.7M |
Other Short-Term Assets | $5.647M | $641.0K |
YoY Change | 780.97% | -58.96% |
Inventory | $10.53M | $7.629M |
Prepaid Expenses | ||
Receivables | $37.10M | $7.100M |
Other Receivables | $3.900M | $0.00 |
Total Short-Term Assets | $349.1M | $174.7M |
YoY Change | 99.8% | 31.3% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $4.119M | $1.898M |
YoY Change | 117.02% | 234.74% |
Goodwill | $85.96M | $72.21M |
YoY Change | 19.05% | -1.08% |
Intangibles | $225.3M | $202.0M |
YoY Change | 11.54% | -5.09% |
Long-Term Investments | $0.00 | $7.262M |
YoY Change | -100.0% | -74.17% |
Other Assets | $894.0K | $1.821M |
YoY Change | -50.91% | 2501.43% |
Total Long-Term Assets | $405.6M | $455.0M |
YoY Change | -10.86% | -5.28% |
TOTAL ASSETS | ||
Total Short-Term Assets | $349.1M | $174.7M |
Total Long-Term Assets | $405.6M | $455.0M |
Total Assets | $754.7M | $629.7M |
YoY Change | 19.84% | 2.65% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $3.407M | $6.456M |
YoY Change | -47.23% | 140.18% |
Accrued Expenses | $8.480M | $4.680M |
YoY Change | 81.2% | 27.56% |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | $227.5M | $215.7M |
YoY Change | 5.47% | 35850.0% |
Total Short-Term Liabilities | $247.0M | $227.0M |
YoY Change | 8.8% | 1754.53% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $0.00 | $26.90M |
YoY Change | -100.0% | -86.86% |
Other Long-Term Liabilities | $1.135M | $915.0K |
YoY Change | 24.04% | 105.16% |
Total Long-Term Liabilities | $1.135M | $915.0K |
YoY Change | 24.04% | 105.16% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $247.0M | $227.0M |
Total Long-Term Liabilities | $1.135M | $915.0K |
Total Liabilities | $257.5M | $230.9M |
YoY Change | 11.49% | 4.33% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | -$327.4M | -$408.4M |
YoY Change | -19.83% | 3.29% |
Common Stock | $21.00K | $21.00K |
YoY Change | 0.0% | 0.0% |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $481.1M | $371.8M |
YoY Change | ||
Total Liabilities & Shareholders Equity | $754.7M | $629.7M |
YoY Change | 19.84% | 2.65% |
Cashflow Statement
Concept | 2018 Q1 | 2017 Q1 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $45.28M | $45.28M |
YoY Change | 0.0% | 585.21% |
Depreciation, Depletion And Amortization | $3.002M | $2.979M |
YoY Change | 0.77% | 15.69% |
Cash From Operating Activities | $60.76M | $19.22M |
YoY Change | 216.07% | 46.59% |
INVESTING ACTIVITIES | ||
Capital Expenditures | -$200.0K | $87.00K |
YoY Change | -329.89% | -63.45% |
Acquisitions | $0.00 | |
YoY Change | -100.0% | |
Other Investing Activities | $1.240M | $87.00K |
YoY Change | 1325.29% | -100.11% |
Cash From Investing Activities | -$33.58M | -$25.67M |
YoY Change | 30.83% | -67.82% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | $1.895M | $0.00 |
YoY Change | -100.0% | |
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | $3.224M | -$1.667M |
YoY Change | -293.4% | -426.22% |
NET CHANGE | ||
Cash From Operating Activities | $60.76M | $19.22M |
Cash From Investing Activities | -$33.58M | -$25.67M |
Cash From Financing Activities | $3.224M | -$1.667M |
Net Change In Cash | $30.40M | -$8.111M |
YoY Change | -474.85% | -87.74% |
FREE CASH FLOW | ||
Cash From Operating Activities | $60.76M | $19.22M |
Capital Expenditures | -$200.0K | $87.00K |
Free Cash Flow | $60.96M | $19.14M |
YoY Change | 218.55% | 48.63% |
Facts In Submission
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85961000 | USD |
CY2017Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
6193000 | USD |
CY2018Q1 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
21183000 | USD |
CY2017Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
1114000 | USD |
CY2018Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
10033000 | USD |
CY2017Q1 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
96000 | USD |
CY2018Q1 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
171000 | USD |
CY2017Q1 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-1963000 | USD |
CY2018Q1 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
321000 | USD |
CY2017Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-7643000 | USD |
CY2018Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
11512000 | USD |
CY2017Q1 | us-gaap |
Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
|
-1018000 | USD |
CY2018Q1 | us-gaap |
Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
|
-9862000 | USD |
CY2017Q1 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
1197000 | USD |
CY2018Q1 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
4978000 | USD |
CY2017Q1 | us-gaap |
Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
|
-633000 | USD |
CY2018Q1 | us-gaap |
Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
|
522000 | USD |
CY2017Q1 | us-gaap |
Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
|
0 | shares |
CY2018Q1 | us-gaap |
Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
|
688852 | shares |
CY2017Q1 | us-gaap |
Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
|
941308 | shares |
CY2017Q1 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
954509 | shares |
CY2018Q1 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
1119611 | shares |
CY2017Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
228584000 | USD |
CY2018Q1 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
225306000 | USD |
CY2017Q4 | us-gaap |
Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
|
314543000 | USD |
CY2018Q1 | us-gaap |
Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
|
311267000 | USD |
CY2017Q1 | us-gaap |
Interest Expense
InterestExpense
|
2941000 | USD |
CY2018Q1 | us-gaap |
Interest Expense
InterestExpense
|
2605000 | USD |
CY2017Q1 | us-gaap |
Interest Paid
InterestPaid
|
919000 | USD |
CY2018Q1 | us-gaap |
Interest Paid
InterestPaid
|
919000 | USD |
CY2017Q4 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
396000 | USD |
CY2018Q1 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
3417000 | USD |
CY2017Q4 | us-gaap |
Inventory Net
InventoryNet
|
4373000 | USD |
CY2018Q1 | us-gaap |
Inventory Net
InventoryNet
|
10531000 | USD |
CY2017Q4 | us-gaap |
Liabilities
Liabilities
|
252374000 | USD |
CY2018Q1 | us-gaap |
Liabilities
Liabilities
|
257490000 | USD |
CY2017Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
671021000 | USD |
CY2018Q1 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
754668000 | USD |
CY2017Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
238868000 | USD |
CY2018Q1 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
246979000 | USD |
CY2017Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-1667000 | USD |
CY2018Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
3224000 | USD |
CY2017Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-25668000 | USD |
CY2018Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-33581000 | USD |
CY2017Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
19224000 | USD |
CY2018Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
60761000 | USD |
CY2017Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
5079000 | USD |
CY2018Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
45279000 | USD |
CY2017Q1 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-4023000 | USD |
CY2018Q1 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
18271000 | USD |
CY2017Q4 | us-gaap |
Notes And Loans Receivable Gross Current
NotesAndLoansReceivableGrossCurrent
|
3877000 | USD |
CY2018Q1 | us-gaap |
Notes And Loans Receivable Gross Current
NotesAndLoansReceivableGrossCurrent
|
3877000 | USD |
CY2017Q1 | us-gaap |
Operating Costs And Expenses
OperatingCostsAndExpenses
|
19051000 | USD |
CY2018Q1 | us-gaap |
Operating Costs And Expenses
OperatingCostsAndExpenses
|
19116000 | USD |
CY2017Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
10216000 | USD |
CY2018Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
37041000 | USD |
CY2017Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
1339000 | USD |
CY2018Q1 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
1993000 | USD |
CY2017Q4 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
1514000 | USD |
CY2018Q1 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
5647000 | USD |
CY2017Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
4859000 | USD |
CY2018Q1 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
894000 | USD |
CY2017Q1 | us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
-66000 | USD |
CY2018Q1 | us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
-149000 | USD |
CY2017Q1 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
|
-428000 | USD |
CY2018Q1 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
|
0 | USD |
CY2017Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
723000 | USD |
CY2018Q1 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
1135000 | USD |
CY2017Q1 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
141000 | USD |
CY2018Q1 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
739000 | USD |
CY2017Q1 | us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
87000 | USD |
CY2018Q1 | us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
240000 | USD |
CY2017Q1 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
0 | USD |
CY2018Q1 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
1895000 | USD |
CY2017Q1 | us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
2022000 | USD |
CY2018Q1 | us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
3797000 | USD |
CY2017Q1 | us-gaap |
Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
|
73352000 | USD |
CY2018Q1 | us-gaap |
Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
|
98957000 | USD |
CY2017Q1 | us-gaap |
Proceeds From Maturities Prepayments And Calls Of Shortterm Investments
ProceedsFromMaturitiesPrepaymentsAndCallsOfShorttermInvestments
|
30052000 | USD |
CY2018Q1 | us-gaap |
Proceeds From Maturities Prepayments And Calls Of Shortterm Investments
ProceedsFromMaturitiesPrepaymentsAndCallsOfShorttermInvestments
|
54325000 | USD |
CY2017Q1 | us-gaap |
Proceeds From Royalties Received
ProceedsFromRoyaltiesReceived
|
0 | USD |
CY2018Q1 | us-gaap |
Proceeds From Royalties Received
ProceedsFromRoyaltiesReceived
|
32707000 | USD |
CY2017Q1 | us-gaap |
Proceeds From Sale Of Short Term Investments
ProceedsFromSaleOfShortTermInvestments
|
17719000 | USD |
CY2018Q1 | us-gaap |
Proceeds From Sale Of Short Term Investments
ProceedsFromSaleOfShortTermInvestments
|
12291000 | USD |
CY2017Q1 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
355000 | USD |
CY2018Q1 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
8916000 | USD |
CY2017Q1 | us-gaap |
Profit Loss
ProfitLoss
|
5079000 | USD |
CY2018Q1 | us-gaap |
Profit Loss
ProfitLoss
|
45279000 | USD |
CY2017Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
4212000 | USD |
CY2018Q1 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
4119000 | USD |
CY2017Q4 | us-gaap |
Receivables Net Current
ReceivablesNetCurrent
|
25596000 | USD |
CY2018Q1 | us-gaap |
Receivables Net Current
ReceivablesNetCurrent
|
37108000 | USD |
CY2017Q1 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
8673000 | USD |
CY2018Q1 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
7407000 | USD |
CY2017Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-400924000 | USD |
CY2018Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-327400000 | USD |
CY2018Q1 | us-gaap |
Revenue Recognition Milestone Method Revenue Recognized
RevenueRecognitionMilestoneMethodRevenueRecognized
|
1600000 | USD |
CY2017Q1 | us-gaap |
Revenues
Revenues
|
29267000 | USD |
CY2018Q1 | us-gaap |
Revenues
Revenues
|
56157000 | USD |
CY2017Q1 | us-gaap |
Royalty Revenue
RoyaltyRevenue
|
24230000 | USD |
CY2018Q1 | us-gaap |
Royalty Revenue
RoyaltyRevenue
|
20820000 | USD |
CY2017Q1 | us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
1121000 | USD |
CY2018Q1 | us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
4391000 | USD |
CY2017Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
6045000 | USD |
CY2018Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
4555000 | USD |
CY2017Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
0 | |
CY2018Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
0 | |
CY2017Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
|
0.47 | |
CY2018Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
|
0.33 | |
CY2018Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
63.43 | |
CY2018Q1 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
64.73 | |
CY2018Q1 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
159.02 | |
CY2017Q1 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
|
P6Y11M | |
CY2018Q1 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
|
P5Y8M | |
CY2018Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
1945526 | shares |
CY2017Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
53.17 | |
CY2017Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
|
0.021 | |
CY2018Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
|
0.027 | |
CY2018Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
|
1300000 | shares |
CY2018Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
|
39.09 | |
CY2018Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
202994 | shares |
CY2017Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
1876332 | shares |
CY2017Q4 | us-gaap |
Short Term Investments
ShortTermInvestments
|
181041000 | USD |
CY2018Q1 | us-gaap |
Short Term Investments
ShortTermInvestments
|
213329000 | USD |
CY2018Q1 | us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
133800 | shares |
CY2017Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
399788000 | USD |
CY2018Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
481100000 | USD |
CY2017Q1 | us-gaap |
Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
|
-66000 | USD |
CY2018Q1 | us-gaap |
Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
|
0 | USD |
CY2017Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
23019000 | shares |
CY2017Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
23019189 | shares |
CY2018Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
24800000 | shares |
CY2018Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
24800314 | shares |
CY2017Q1 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
20937627 | shares |
CY2018Q1 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
21208793 | shares |
CY2017Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
20938000 | shares |
CY2018Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
21209000 | shares |
CY2017Q1 | us-gaap |
Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
|
185745 | shares |
CY2018Q1 | us-gaap |
Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
|
63959 | shares |
CY2018Q1 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Use of Estimates</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of condensed consolidated financial statements in conformity with 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> |