2015 Q2 Form 10-K Financial Statement

#000159097615000075 Filed on September 10, 2015

View on sec.gov

Income Statement

Concept 2015 Q2 2015 2014 Q2
Revenue $60.72M $228.6M $53.40M
YoY Change 13.7% 19.74% 9.04%
Cost Of Revenue $44.40M $168.2M $38.70M
YoY Change 14.73% 20.02% 10.57%
Gross Profit $16.28M $60.43M $14.68M
YoY Change 10.9% 18.97% 5.29%
Gross Profit Margin 26.81% 26.43% 27.48%
Selling, General & Admin $4.400M $26.82M $26.30M
YoY Change -83.27% -41.8% 557.5%
% of Gross Profit 27.04% 44.38% 179.2%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $1.200M $4.890M $1.800M
YoY Change -33.33% -27.84% 12.5%
% of Gross Profit 7.37% 8.09% 12.26%
Operating Expenses $5.000M $26.82M $27.60M
YoY Change -81.88% -41.8% 420.75%
Operating Profit $11.32M $31.15M -$12.91M
YoY Change -187.69% -6946.15% -249.74%
Interest Expense -$700.0K $954.0K $0.00
YoY Change -67.79% -100.0%
% of Operating Profit -6.18% 3.06%
Other Income/Expense, Net $0.00 -$696.0K $0.00
YoY Change -123.57%
Pretax Income $10.60M $31.85M -$12.90M
YoY Change -182.17% -1034.45% -253.57%
Income Tax $3.100M $8.663M -$2.220M
% Of Pretax Income 29.25% 27.2%
Net Earnings $5.652M $14.66M -$4.306M
YoY Change -231.26% -413.54%
Net Earnings / Revenue 9.31% 6.41% -8.06%
Basic Earnings Per Share $0.35 $0.93 -$0.39
Diluted Earnings Per Share $0.35 $0.93 -$0.39
COMMON SHARES
Basic Shares Outstanding 15.73M shares
Diluted Shares Outstanding 15.74M shares

Balance Sheet

Concept 2015 Q2 2015 2014 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $8.400M $8.400M $12.20M
YoY Change -31.15% -31.15%
Cash & Equivalents $8.387M $12.17M
Short-Term Investments
Other Short-Term Assets $16.00K $1.400M $0.00
YoY Change -50.0%
Inventory $20.39M $20.40M $12.89M
Prepaid Expenses $1.370M $2.272M
Receivables $9.482M $9.500M $6.475M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $39.63M $39.60M $34.31M
YoY Change 15.51% 15.45% -3.25%
LONG-TERM ASSETS
Property, Plant & Equipment $14.95M $14.90M $10.96M
YoY Change 36.33% 35.45% 64.91%
Goodwill $12.67M $5.718M
YoY Change 121.49% 0.0%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $102.0K $119.1M $0.00
YoY Change 453.95% -100.0%
Total Long-Term Assets $160.7M $160.7M $50.49M
YoY Change 218.24% 218.22% 65.73%
TOTAL ASSETS
Total Short-Term Assets $39.63M $39.60M $34.31M
Total Long-Term Assets $160.7M $160.7M $50.49M
Total Assets $200.3M $200.3M $84.80M
YoY Change 136.22% 136.2% 28.63%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $9.151M $9.200M $7.161M
YoY Change 27.79% 27.78% -36.59%
Accrued Expenses $14.14M $14.10M $32.68M
YoY Change -56.75% -56.88% 210.57%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $6.500M $6.500M $0.00
YoY Change -100.0%
Total Short-Term Liabilities $33.54M $33.50M $42.96M
YoY Change -21.93% -22.09% 68.44%
LONG-TERM LIABILITIES
Long-Term Debt $70.84M $70.80M $0.00
YoY Change -100.0%
Other Long-Term Liabilities $275.0K $93.80M $134.0K
YoY Change 105.22% 579.71%
Total Long-Term Liabilities $71.12M $164.6M $134.0K
YoY Change 52972.39% 1092.75% -99.34%
TOTAL LIABILITIES
Total Short-Term Liabilities $33.54M $33.50M $42.96M
Total Long-Term Liabilities $71.12M $164.6M $134.0K
Total Liabilities $199.0M $202.9M $56.73M
YoY Change 250.83% 209.77% 23.56%
SHAREHOLDERS EQUITY
Retained Earnings -$46.24M -$4.676M
YoY Change 888.86% -179.08%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) -$71.52M
YoY Change
Treasury Stock Shares
Shareholders Equity -$2.613M -$2.600M $19.27M
YoY Change
Total Liabilities & Shareholders Equity $200.3M $200.3M $84.80M
YoY Change 136.22% 136.2% 28.63%

Cashflow Statement

Concept 2015 Q2 2015 2014 Q2
OPERATING ACTIVITIES
Net Income $5.652M $14.66M -$4.306M
YoY Change -231.26% -413.54%
Depreciation, Depletion And Amortization $1.200M $4.890M $1.800M
YoY Change -33.33% -27.84% 12.5%
Cash From Operating Activities $9.900M $12.55M $9.600M
YoY Change 3.12% -47.18% 12.94%
INVESTING ACTIVITIES
Capital Expenditures -$1.100M $5.366M -$2.100M
YoY Change -47.62% -9.28% 31.25%
Acquisitions $11.66M
YoY Change
Other Investing Activities $0.00 -$11.66M $0.00
YoY Change -116700.0%
Cash From Investing Activities -$1.100M -$17.13M -$2.100M
YoY Change -47.62% 190.03% 31.25%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $71.41M
YoY Change -714060000.0%
Debt Paid & Issued, Net $21.50M
YoY Change -75.73%
Cash From Financing Activities -7.600M $742.0K -500.0K
YoY Change 1420.0% -103.43% -90.0%
NET CHANGE
Cash From Operating Activities 9.900M $12.55M 9.600M
Cash From Investing Activities -1.100M -$17.13M -2.100M
Cash From Financing Activities -7.600M $742.0K -500.0K
Net Change In Cash 1.200M -$3.835M 7.000M
YoY Change -82.86% 1.35% 268.42%
FREE CASH FLOW
Cash From Operating Activities $9.900M $12.55M $9.600M
Capital Expenditures -$1.100M $5.366M -$2.100M
Free Cash Flow $11.00M $7.186M $11.70M
YoY Change -5.98% -59.74% 15.84%

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DeferredTaxAssetsGoodwillAndIntangibleAssets
0 USD
CY2015Q2 us-gaap Deferred Tax Assets Goodwill And Intangible Assets
DeferredTaxAssetsGoodwillAndIntangibleAssets
144000 USD
CY2014Q2 us-gaap Deferred Tax Assets Gross
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21952000 USD
CY2015Q2 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
106647000 USD
CY2015Q2 us-gaap Deferred Tax Assets Investment In Subsidiaries
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20957000 USD
CY2015Q2 us-gaap Deferred Tax Assets Liabilities Net
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105546000 USD
CY2014Q2 us-gaap Deferred Tax Assets Liabilities Net Current
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500000 USD
CY2015Q2 us-gaap Deferred Tax Assets Liabilities Net Current
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629000 USD
CY2014Q2 us-gaap Deferred Tax Assets Net Noncurrent
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21452000 USD
CY2015Q2 us-gaap Deferred Tax Assets Net Noncurrent
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106001000 USD
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0 USD
CY2015Q2 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
388000 USD
CY2014Q2 us-gaap Deferred Tax Assets Other
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0 USD
CY2015Q2 us-gaap Deferred Tax Assets Other
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35000 USD
CY2014Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
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0 USD
CY2015Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities
448000 USD
CY2014Q2 us-gaap Deferred Tax Assets Valuation Allowance
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0 USD
CY2015Q2 us-gaap Deferred Tax Assets Valuation Allowance
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0 USD
CY2014Q2 us-gaap Deferred Tax Liabilities Current
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995000 USD
CY2015Q2 us-gaap Deferred Tax Liabilities Current
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0 USD
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0 USD
CY2015Q2 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
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1101000 USD
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0 USD
CY2015Q2 us-gaap Deferred Tax Liabilities Noncurrent
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1084000 USD
CY2014Q2 us-gaap Deferred Tax Liabilities Tax Deferred Income
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995000 USD
CY2015Q2 us-gaap Deferred Tax Liabilities Tax Deferred Income
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0 USD
CY2013 us-gaap Depreciation
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1090000 USD
CY2014 us-gaap Depreciation
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1600000 USD
CY2015 us-gaap Depreciation
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2427000 USD
CY2014 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
6777000 USD
CY2015 us-gaap Depreciation Depletion And Amortization
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4890000 USD
CY2013 us-gaap Derivative Gain Loss On Derivative Net
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28000 USD
CY2014 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-28000 USD
CY2015 us-gaap Derivative Gain Loss On Derivative Net
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0 USD
us-gaap Distribution Made To Limited Liability Company Llc Member Cash Distributions Declared
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64627000 USD
us-gaap Distribution Made To Limited Liability Company Llc Member Cash Distributions Declared
DistributionMadeToLimitedLiabilityCompanyLLCMemberCashDistributionsDeclared
2583000 USD
CY2013 us-gaap Distribution Made To Limited Liability Company Llc Member Cash Distributions Declared
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23542000 USD
CY2015 us-gaap Distribution Made To Limited Liability Company Llc Member Cash Distributions Declared
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1769000 USD
us-gaap Earnings Per Share Basic
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CY2013Q3 us-gaap Earnings Per Share Basic
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0.00
CY2013Q4 us-gaap Earnings Per Share Basic
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0.00
us-gaap Earnings Per Share Diluted
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CY2014Q2 us-gaap Earnings Per Share Basic
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CY2014 us-gaap Earnings Per Share Basic
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-0.42
CY2014Q3 us-gaap Earnings Per Share Basic
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0.09
CY2014Q4 us-gaap Earnings Per Share Basic
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0.21
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0.28
CY2015Q2 us-gaap Earnings Per Share Basic
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0.35
CY2015 us-gaap Earnings Per Share Basic
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0.93
CY2014 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
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0 USD
CY2015 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
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49000 USD
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0.652
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EarningsPerShareDiluted
0.00
CY2013Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.00
CY2014Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.04
CY2014Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.39
CY2014 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.42
CY2014Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.09
CY2014Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.21
CY2015Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.28
CY2015Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.35
CY2015 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.93
CY2013 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
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0 USD
CY2015 us-gaap Effective Income Tax Rate Continuing Operations
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0.272
CY2014 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35
CY2015 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35
CY2014 us-gaap Effective Income Tax Rate Reconciliation Minority Interest Income Expense
EffectiveIncomeTaxRateReconciliationMinorityInterestIncomeExpense
0.365
CY2015 us-gaap Effective Income Tax Rate Reconciliation Minority Interest Income Expense
EffectiveIncomeTaxRateReconciliationMinorityInterestIncomeExpense
-0.098
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EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.019
CY2015 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.003
CY2014 us-gaap Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent
-0.099
CY2015 us-gaap Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent
0.016
CY2014 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.055
CY2015 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.001
CY2014Q2 us-gaap Employee Related Liabilities Current
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2164000 USD
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2521000 USD
CY2014Q2 us-gaap Equity Method Investment Ownership Percentage
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1
CY2015Q2 us-gaap Equity Method Investment Ownership Percentage
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1
CY2014Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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40987000 USD
CY2015Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
43428000 USD
CY2015Q2 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
3386000 USD
CY2015Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
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2204000 USD
CY2015Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
1899000 USD
CY2015Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
2098000 USD
CY2015Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
2204000 USD
CY2015Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
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2204000 USD
CY2014Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
53345000 USD
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FiniteLivedIntangibleAssetsGross
57423000 USD
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12358000 USD
CY2015Q2 us-gaap Finite Lived Intangible Assets Net
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13995000 USD
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100000 USD
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4558000 USD
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0 USD
CY2014 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
9000 USD
CY2015 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
0 USD
CY2015Q2 us-gaap Goodwill
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GeneralAndAdministrativeExpense
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CY2015 us-gaap General And Administrative Expense
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19809000 USD
CY2014Q2 us-gaap Goodwill
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CY2013Q3 us-gaap Gross Profit
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CY2013Q4 us-gaap Gross Profit
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CY2014Q1 us-gaap Gross Profit
GrossProfit
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CY2014Q2 us-gaap Gross Profit
GrossProfit
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CY2014 us-gaap Gross Profit
GrossProfit
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CY2014Q3 us-gaap Gross Profit
GrossProfit
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CY2014Q4 us-gaap Gross Profit
GrossProfit
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CY2015Q1 us-gaap Gross Profit
GrossProfit
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CY2015Q2 us-gaap Gross Profit
GrossProfit
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CY2015 us-gaap Gross Profit
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17984000 USD
CY2014 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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31846000 USD
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IncomeTaxExpenseBenefit
0 USD
CY2014 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2015 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
8663000 USD
CY2015 us-gaap Income Tax Reconciliation Repatriation Of Foreign Earnings
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295000 USD
CY2013 us-gaap Income Taxes Paid
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0 USD
CY2014 us-gaap Income Taxes Paid
IncomeTaxesPaid
392000 USD
CY2015 us-gaap Income Taxes Paid
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1439000 USD
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1441000 USD
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161000 USD
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CY2015 us-gaap Increase Decrease In Accounts Receivable
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2170000 USD
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0 USD
CY2014 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
113000 USD
CY2015 us-gaap Increase Decrease In Accrued Income Taxes Payable
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CY2013 us-gaap Increase Decrease In Accrued Liabilities
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2858000 USD
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2098000 USD
CY2015 us-gaap Increase Decrease In Accrued Liabilities
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-9000 USD
CY2013 us-gaap Increase Decrease In Inventories
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2516000 USD
CY2014 us-gaap Increase Decrease In Inventories
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1251000 USD
CY2015 us-gaap Increase Decrease In Inventories
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2884000 USD
CY2013 us-gaap Increase Decrease In Other Operating Liabilities
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0 USD
CY2014 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
0 USD
CY2015 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
114000 USD
CY2013 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
211000 USD
CY2014 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
1332000 USD
CY2015 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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CY2014Q2 us-gaap Interest And Dividends Payable Current
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0 USD
CY2015Q2 us-gaap Interest And Dividends Payable Current
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413000 USD
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1334000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
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0 shares
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CY2014 us-gaap Interest Expense
InterestExpense
2962000 USD
CY2015 us-gaap Interest Expense
InterestExpense
954000 USD
CY2013 us-gaap Interest Paid Net
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1190000 USD
CY2015 us-gaap Interest Paid Net
InterestPaidNet
494000 USD
CY2014Q2 us-gaap Inventory Finished Goods
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2440000 USD
CY2015Q2 us-gaap Inventory Finished Goods
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3399000 USD
CY2014Q2 us-gaap Inventory Net
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12890000 USD
CY2015Q2 us-gaap Inventory Net
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20393000 USD
CY2014Q2 us-gaap Inventory Raw Materials
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9786000 USD
CY2015Q2 us-gaap Inventory Raw Materials
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15990000 USD
CY2014Q2 us-gaap Inventory Valuation Reserves
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764000 USD
CY2015Q2 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
929000 USD
CY2014Q2 us-gaap Inventory Work In Process
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1428000 USD
CY2015Q2 us-gaap Inventory Work In Process
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1933000 USD
CY2013 us-gaap Lease And Rental Expense
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1889000 USD
CY2014 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
2088000 USD
CY2015 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
2256000 USD
CY2014Q2 us-gaap Liabilities
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56731000 USD
CY2015Q2 us-gaap Liabilities
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200399000 USD
CY2014Q2 us-gaap Liabilities And Stockholders Equity
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84801000 USD
CY2015Q2 us-gaap Liabilities And Stockholders Equity
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189128000 USD
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42961000 USD
CY2015Q2 us-gaap Liabilities Current
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33539000 USD
us-gaap Limited Liability Company Llc Members Equity Unit Based Compensation
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76000 USD
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127000 USD
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0 USD
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20000000 USD
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0 USD
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2250000 USD
CY2015 us-gaap Litigation Settlement Amount
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CY2014Q2 us-gaap Long Term Debt
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0 USD
CY2015Q2 us-gaap Long Term Debt
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78500000 USD
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0 USD
CY2015Q2 us-gaap Long Term Debt Current
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6500000 USD
CY2014Q2 us-gaap Long Term Debt Noncurrent
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0 USD
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72000000 USD
CY2014Q1 us-gaap Loss On Contract Termination
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3750000 USD
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1831000 USD
CY2013Q1 us-gaap Management Fee Expense
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750000 USD
us-gaap Management Fee Expense
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250000 USD
CY2013 us-gaap Management Fee Expense
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2831000 USD
CY2014 us-gaap Management Fee Expense
ManagementFeeExpense
4500000 USD
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CY2013Q2 us-gaap Members Equity
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20014000 USD
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742000 USD
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25899000 USD
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23765000 USD
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12552000 USD
CY2013 us-gaap Net Income Loss
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0 USD
CY2013Q3 us-gaap Net Income Loss
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0 USD
CY2013Q4 us-gaap Net Income Loss
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0 USD
CY2014Q1 us-gaap Net Income Loss
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CY2014Q2 us-gaap Net Income Loss
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CY2014Q3 us-gaap Net Income Loss
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1380000 USD
CY2014Q4 us-gaap Net Income Loss
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3264000 USD
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4365000 USD
CY2015Q2 us-gaap Net Income Loss
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5652000 USD
CY2015 us-gaap Net Income Loss
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14661000 USD
CY2013 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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17984000 USD
CY2013Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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5179000 USD
CY2013Q4 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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5220000 USD
CY2014Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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CY2014Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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CY2014 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
3488000 USD
CY2014Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
1009000 USD
CY2014Q4 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
2312000 USD
CY2015Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
3278000 USD
CY2015Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
1923000 USD
CY2015 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
8522000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
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CY2015 us-gaap Net Income Loss Available To Common Stockholders Basic
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14661000 USD
CY2014Q2 us-gaap Noncurrent Assets
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29039000 USD
CY2015Q2 us-gaap Noncurrent Assets
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42764000 USD
CY2014 us-gaap Noninterest Expense Directors Fees
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416000 USD
CY2015 us-gaap Noninterest Expense Directors Fees
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374000 USD
CY2015 us-gaap Number Of Reportable Segments
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2 Segment
CY2013 us-gaap Operating Income Loss
OperatingIncomeLoss
19308000 USD
CY2013Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
6340000 USD
CY2013Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
5823000 USD
CY2014Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
296000 USD
CY2014Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-12914000 USD
CY2014 us-gaap Operating Income Loss
OperatingIncomeLoss
-455000 USD
CY2014Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
3305000 USD
CY2014Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
6998000 USD
CY2015Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
9523000 USD
CY2015Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
11324000 USD
CY2015 us-gaap Operating Income Loss
OperatingIncomeLoss
31150000 USD
CY2015Q2 us-gaap Operating Leases Future Minimum Payments Due
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29823000 USD
CY2015Q2 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
2272000 USD
CY2015Q2 us-gaap Operating Leases Future Minimum Payments Due In Five Years
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2378000 USD
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934000 USD
CY2015Q2 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
2373000 USD
CY2015Q2 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
2223000 USD
CY2015Q2 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
2218000 USD
CY2015Q2 us-gaap Operating Leases Future Minimum Payments Due Thereafter
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18359000 USD
CY2014Q2 us-gaap Other Accrued Liabilities Current
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462000 USD
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0 USD
CY2015Q2 us-gaap Other Assets Current
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16000 USD
CY2014Q2 us-gaap Other Assets Noncurrent
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0 USD
CY2015Q2 us-gaap Other Assets Noncurrent
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102000 USD
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0 USD
CY2014 us-gaap Other Comprehensive Income Loss Before Tax
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0 USD
CY2015 us-gaap Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
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CY2013 us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Noncontrolling Interest
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17984000 USD
CY2014 us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToNoncontrollingInterest
3488000 USD
CY2015 us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Noncontrolling Interest
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7757000 USD
CY2013 us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
0 USD
CY2014 us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
-4676000 USD
CY2015 us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
13345000 USD
CY2013 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
0 USD
CY2014 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
0 USD
CY2015 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
-2081000 USD
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OtherExpenses
1324000 USD
CY2014 us-gaap Other Expenses
OtherExpenses
2953000 USD
CY2015 us-gaap Other Expenses
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-696000 USD
CY2013 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
10000 USD
CY2014 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
9000 USD
CY2015 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
1650000 USD
CY2014Q2 us-gaap Other Prepaid Expense Current
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644000 USD
CY2015Q2 us-gaap Other Prepaid Expense Current
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108000 USD
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0 USD
CY2014 us-gaap Payments For Legal Settlements
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0 USD
CY2015 us-gaap Payments For Legal Settlements
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20000000 USD
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0 USD
CY2014 us-gaap Payments For Repurchase Of Common Stock
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0 USD
CY2015 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
71406000 USD
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69750000 USD
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0 USD
CY2014 us-gaap Payments For Repurchase Of Other Equity
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29762000 USD
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133362000 USD
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23542000 USD
CY2014 us-gaap Payments Of Capital Distribution
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65202000 USD
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3630000 USD
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664000 USD
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1052000 USD
CY2015 us-gaap Payments Of Debt Issuance Costs
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1224000 USD
CY2013 us-gaap Payments Of Stock Issuance Costs
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0 USD
CY2014 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
1550000 USD
CY2015 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
1498000 USD
CY2013 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 USD
CY2014 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 USD
CY2015 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
11663000 USD
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0 USD
CY2014 us-gaap Payments To Acquire Intangible Assets
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0 USD
CY2015 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
100000 USD
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2878000 USD
CY2014 us-gaap Payments To Acquire Property Plant And Equipment
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5915000 USD
CY2015 us-gaap Payments To Acquire Property Plant And Equipment
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5366000 USD
CY2014Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2015Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
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CY2014Q2 us-gaap Preferred Stock Shares Authorized
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25000000 shares
CY2015Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
25000000 shares
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PreferredStockSharesIssued
0 shares
CY2015Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
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CY2014Q2 us-gaap Preferred Stock Shares Outstanding
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0 shares
CY2015Q2 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2014Q2 us-gaap Preferred Stock Value
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0 USD
CY2015Q2 us-gaap Preferred Stock Value
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0 USD
CY2014Q2 us-gaap Prepaid Expense Current
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2272000 USD
CY2015Q2 us-gaap Prepaid Expense Current
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1354000 USD
CY2013 us-gaap Proceeds From Issuance Initial Public Offering
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0 USD
CY2014 us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
99512000 USD
CY2015 us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
133362000 USD
CY2015 us-gaap Proceeds From Issuance Of Common Stock
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10.00 USD
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ProceedsFromIssuanceOfLongTermDebt
28500000 USD
CY2014 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
65000000 USD
CY2015 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
100000000 USD
CY2013 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
0 USD
CY2014 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
9000 USD
CY2015 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
0 USD
CY2013Q2 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
5658000 USD
CY2014Q2 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
6164000 USD
CY2015Q2 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
6610000 USD
CY2014Q2 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
6164000 USD
CY2015Q2 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
6610000 USD
CY2014 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
2401000 USD
CY2015 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
2558000 USD
CY2014 us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
3062000 USD
CY2015 us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
3210000 USD
us-gaap Profit Loss
ProfitLoss
10448000 USD
us-gaap Profit Loss
ProfitLoss
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CY2013 us-gaap Profit Loss
ProfitLoss
17984000 USD
CY2013Q3 us-gaap Profit Loss
ProfitLoss
5179000 USD
CY2013Q4 us-gaap Profit Loss
ProfitLoss
5220000 USD
CY2014Q1 us-gaap Profit Loss
ProfitLoss
-987000 USD
CY2014Q3 us-gaap Profit Loss
ProfitLoss
2389000 USD
CY2014Q2 us-gaap Profit Loss
ProfitLoss
-10600000 USD
CY2014 us-gaap Profit Loss
ProfitLoss
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CY2015 us-gaap Profit Loss
ProfitLoss
23183000 USD
CY2014Q2 us-gaap Property Plant And Equipment Gross
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18081000 USD
CY2014Q4 us-gaap Profit Loss
ProfitLoss
5576000 USD
CY2015Q1 us-gaap Profit Loss
ProfitLoss
7643000 USD
CY2015Q2 us-gaap Profit Loss
ProfitLoss
7575000 USD
CY2015Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
24484000 USD
CY2014Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
10963000 USD
CY2015Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
14946000 USD
CY2013 us-gaap Repayments Of Long Term Debt
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26155000 USD
CY2014 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
88589000 USD
CY2015 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
21500000 USD
CY2014Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-4676000 USD
CY2015Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-46239000 USD
CY2013 us-gaap Sale Leaseback Transaction Current Period Gain Recognized
SaleLeasebackTransactionCurrentPeriodGainRecognized
11000 USD
CY2014 us-gaap Sale Leaseback Transaction Current Period Gain Recognized
SaleLeasebackTransactionCurrentPeriodGainRecognized
11000 USD
CY2015 us-gaap Sale Leaseback Transaction Current Period Gain Recognized
SaleLeasebackTransactionCurrentPeriodGainRecognized
7000 USD
CY2008Q1 us-gaap Sale Leaseback Transaction Deferred Gain Gross
SaleLeasebackTransactionDeferredGainGross
726000 USD
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SaleLeasebackTransactionDeferredGainNet
134000 USD
CY2015Q2 us-gaap Sale Leaseback Transaction Deferred Gain Net
SaleLeasebackTransactionDeferredGainNet
275000 USD
CY2008Q1 us-gaap Sale Leaseback Transaction Deferred Gain Net
SaleLeasebackTransactionDeferredGainNet
203000 USD
CY2008Q1 us-gaap Sale Leaseback Transaction Gross Proceeds Investing Activities
SaleLeasebackTransactionGrossProceedsInvestingActivities
18250000 USD
CY2015 us-gaap Sale Leaseback Transaction Monthly Rental Payments
SaleLeasebackTransactionMonthlyRentalPayments
156000 USD
CY2008Q1 us-gaap Sale Leaseback Transaction Rent Expense
SaleLeasebackTransactionRentExpense
523000 USD
CY2013 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
167012000 USD
CY2013Q3 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
43304000 USD
CY2013Q4 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
43938000 USD
CY2014Q1 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
50293000 USD
CY2014Q2 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
53400000 USD
CY2014 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
190935000 USD
CY2014Q3 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
47659000 USD
CY2014Q4 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
55484000 USD
CY2015Q1 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
64762000 USD
CY2015Q2 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
60716000 USD
CY2015 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
228621000 USD
CY2013 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
4937000 USD
CY2014 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
6098000 USD
CY2015 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
7007000 USD
CY2013 us-gaap Share Based Compensation
ShareBasedCompensation
127000 USD
CY2014 us-gaap Share Based Compensation
ShareBasedCompensation
2577000 USD
CY2015 us-gaap Share Based Compensation
ShareBasedCompensation
1467000 USD
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
14.46
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
14.60
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
14.12
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
0.00
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Outstanding Weighted Average Remaining Contractual Terms
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageRemainingContractualTerms
P1Y2M
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
0 shares
CY2013 us-gaap Share Based Goods And Nonemployee Services Transaction Stockholders Equity
ShareBasedGoodsAndNonemployeeServicesTransactionStockholdersEquity
0 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Total Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue
2558000 USD
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Total Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue
0 USD
CY2015Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
1561232 shares
CY2015 us-gaap Standard Product Warranty Accrual Preexisting Increase Decrease
StandardProductWarrantyAccrualPreexistingIncreaseDecrease
-514000 USD
CY2014 us-gaap Share Based Goods And Nonemployee Services Transaction Stockholders Equity
ShareBasedGoodsAndNonemployeeServicesTransactionStockholdersEquity
1010000 USD
CY2015 us-gaap Share Based Goods And Nonemployee Services Transaction Stockholders Equity
ShareBasedGoodsAndNonemployeeServicesTransactionStockholdersEquity
252000 USD
CY2014 us-gaap Standard Product Warranty Accrual Preexisting Increase Decrease
StandardProductWarrantyAccrualPreexistingIncreaseDecrease
-155000 USD
CY2015 us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
2837000 USD
us-gaap Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
0 USD
CY2015 us-gaap Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
0 USD
us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
1010000 USD
CY2015 us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
252000 USD
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
47766000 USD
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
99512000 USD
CY2015 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
133362000 USD
CY2014Q2 us-gaap Stockholders Equity
StockholdersEquity
19269000 USD
CY2015Q2 us-gaap Stockholders Equity
StockholdersEquity
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CY2014Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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28070000 USD
CY2015Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-11271000 USD
CY2015 us-gaap Treasury Stock Retired Cost Method Amount
TreasuryStockRetiredCostMethodAmount
0 USD
CY2015Q2 us-gaap Treasury Stock Value
TreasuryStockValue
-71523000 USD
CY2013Q3 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
531000 USD
CY2014Q1 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
965000 USD
CY2013Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0 USD
CY2014Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0 USD
CY2015Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
66000 USD
CY2014 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
0 USD
CY2015 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
0 USD
CY2014 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
0 USD
CY2015 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
4000 USD
CY2014 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
0 USD
CY2015 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
62000 USD
CY2015Q2 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
0 USD
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
11055310 shares
CY2015 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
15741018 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
11055310 shares
CY2015 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
15732531 shares
us-gaap Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
0 shares
CY2015 us-gaap Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
8487 shares
CY2015 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:12px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Concentration of Credit and Business Risk</font></div><div style="line-height:120%;padding-top:12px;text-align:left;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">A majority of the Company&#8217;s sales are made pursuant to floor plan financing programs in which the Company participates on behalf of its dealers through a contingent repurchase agreement with various third-party financing institutions. Under these arrangements, a dealer establishes a line of credit with one or more of these third-party lenders for the purchase of dealer boat inventory. When a dealer purchases and takes delivery of a boat pursuant to a floor plan financing arrangement, it draws against its line of credit and the lender pays the invoice cost of the boat directly to the Company within approximately two weeks. For dealers that use local floor plan financing programs or pay cash, the Company may extend credit without collateral under the dealer agreement based on the Company&#8217;s evaluation of the dealer&#8217;s credit risk and past payment history. The Company maintains allowances for potential credit losses that it believes are adequate. Refer to Note 1 &#8220;Trade Accounts Receivable&#8221; for factors considered in determining the Company&#8217;s allowance for doubtful accounts.</font></div><div style="line-height:120%;padding-top:12px;text-align:left;text-indent:30px;font-size:10pt;"><font style="font-family:Times New Roman;font-size:10pt;color:#000000;">As of June 30, 2015</font><font style="font-family:inherit;font-size:10pt;"> (unaudited), the Company&#8217;s distribution channel consisted of </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;">178</font><font style="font-family:inherit;font-size:10pt;"> independent dealers worldwide. No single dealer accounted for more than </font><font style="font-family:inherit;font-size:10pt;">4.7%</font><font style="font-family:inherit;font-size:10pt;"> of the Company&#8217;s unit volume for the fiscal years ended June 30, </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;">2015</font><font style="font-family:inherit;font-size:10pt;">, </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;">2014</font><font style="font-family:inherit;font-size:10pt;">, or </font><font style="font-family:inherit;font-size:10pt;">2013</font><font style="font-family:inherit;font-size:10pt;">. The Company&#8217;s top ten dealers represented </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;">33.7%</font><font style="font-family:inherit;font-size:10pt;">, </font><font style="font-family:inherit;font-size:10pt;">34.1%</font><font style="font-family:inherit;font-size:10pt;">, and </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;">36.1%</font><font style="font-family:inherit;font-size:10pt;">, of the Company&#8217;s volume for the fiscal years ended June 30, </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;">2015</font><font style="font-family:inherit;font-size:10pt;">, </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;">2014</font><font style="font-family:inherit;font-size:10pt;">, or </font><font style="font-family:inherit;font-size:10pt;">2013</font><font style="font-family:inherit;font-size:10pt;">, respectively.</font></div><div style="line-height:120%;padding-top:12px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;"></font></div></div>
CY2015 us-gaap Revenue Recognition Sales Of Goods
RevenueRecognitionSalesOfGoods
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:12px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Revenue Recognition </font></div><div style="line-height:120%;padding-top:12px;text-align:left;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company generally manufactures products based on specific orders from dealers and often ships completed products only after receiving credit approval from financial institutions. Revenue is primarily recorded when all of the following conditions have been met: </font></div><table cellpadding="0" cellspacing="0" style="padding-top:12px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:56px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:38px;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">an order for a product has been received; </font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:12px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:56px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:38px;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">a common carrier signs the delivery ticket accepting responsibility for the product; and </font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:12px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:56px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:38px;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">the product is removed from the Company&#8217;s property for delivery. </font></div></td></tr></table><div style="line-height:120%;padding-top:12px;text-align:left;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">These conditions are generally met when title passes, which is when boats are shipped to dealers in accordance with shipping terms, which are primarily free on board shipping point. </font></div><div style="line-height:120%;padding-top:12px;text-align:left;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Dealers generally have no rights to return unsold boats. From time to time, however, the Company may accept returns in limited circumstances and at the Company&#8217;s discretion under its warranty policy, which generally limits returns to instances of manufacturing defects. The Company estimates the costs that may be incurred under its basic limited warranty and records as a liability the amount of such costs at the time the product revenue is recognized. The Company may be obligated, in the event of default by a dealer, to accept returns of unsold boats under its repurchase commitment to floor financing providers, who are able to obtain such boats through foreclosure. The Company accrues estimated losses when a loss, due to the default of </font><font style="font-family:inherit;font-size:10pt;">one</font><font style="font-family:inherit;font-size:10pt;"> of its dealers, is determined to be probable and the amount of the loss is reasonably estimable. Refer to Note 8 and Note 15 related to the Company&#8217;s product warranty and repurchase commitment obligations, respectively. </font></div><div style="line-height:120%;padding-top:12px;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Revenue from boat part sales is recorded as the product is shipped from the Company&#8217;s location, which is free on board shipping point. </font><font style="font-family:inherit;font-size:1pt;">&#160;</font><font style="font-family:inherit;font-size:10pt;">Revenue associated with sales of materials, parts, boats or engine products sold under the Company&#8217;s exclusive manufacturing and distribution agreement with its acquired Australian licensee are eliminated in consolidation. Revenue associated with sales to the independent representative responsible for international sales is recognized in accordance with free on board shipping point terms, the point at which the risks of ownership and loss pass to the representative. A fixed percentage discount is earned by the independent representative at the time of shipment to the representative as a reduction in the price of the boat and is recorded in the Company's consolidated statement of operations as a reduction in sales. </font></div><div style="line-height:120%;padding-top:12px;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company entered into a license agreement with Nautique on February 6, 2015 at the same time as the settlement of litigation with Nautique (see Note 15) and earns royalties on boats shipped with the Company's proprietary wake surfing technology. Royalty income earned is recorded in net sales in the Company's consolidated statement of operations.</font></div></div>
CY2015 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:12px;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%;padding-top:12px;text-align:left;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities as of the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates, and such differences could be material.</font></div></div>

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