2016 Q4 Form 10-Q Financial Statement

#000143612617000011 Filed on January 11, 2017

View on sec.gov

Income Statement

Concept 2016 Q4 2016 Q2 2015 Q4
Revenue $170.2M $178.3M $194.8M
YoY Change -12.64% 2.09% -5.85%
Cost Of Revenue $119.2M $121.0M $132.7M
YoY Change -10.18% -6.67% -7.15%
Gross Profit $47.98M $51.54M $56.93M
YoY Change -15.72% 14.61% -3.58%
Gross Profit Margin 28.2% 28.9% 29.22%
Selling, General & Admin $36.25M $37.22M $34.01M
YoY Change 6.59% -4.08% -8.53%
% of Gross Profit 75.55% 72.22% 59.74%
Research & Development $580.0K $623.0K $601.0K
YoY Change -3.49% 3.83% -4.45%
% of Gross Profit 1.21% 1.21% 1.06%
Depreciation & Amortization $7.894M $8.626M $7.963M
YoY Change -0.87% 1.36% -5.04%
% of Gross Profit 16.45% 16.74% 13.99%
Operating Expenses $36.83M $37.84M $34.61M
YoY Change 6.41% -10.96% -8.46%
Operating Profit $2.944M $4.840M $19.57M
YoY Change -84.96% 4.6% 7.57%
Interest Expense -$900.0K -$400.0K -$1.300M
YoY Change -30.77% -66.67% -7.14%
% of Operating Profit -30.57% -8.26% -6.64%
Other Income/Expense, Net
YoY Change
Pretax Income $11.58M $4.500M $18.23M
YoY Change -36.49% 32.35% 8.28%
Income Tax $4.284M $1.737M $6.804M
% Of Pretax Income 36.99% 38.6% 37.31%
Net Earnings $963.0K $2.761M $11.43M
YoY Change -91.57% 27.18% 9.57%
Net Earnings / Revenue 0.57% 1.55% 5.87%
Basic Earnings Per Share
Diluted Earnings Per Share $243.3K $92.41K $385.1K
COMMON SHARES
Basic Shares Outstanding 29.06M shares 28.93M shares 28.87M shares
Diluted Shares Outstanding 30.00M shares 30.15M shares 29.59M shares

Balance Sheet

Concept 2016 Q4 2016 Q2 2015 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $26.30M $21.20M $10.60M
YoY Change 148.11% 100.0% -45.92%
Cash & Equivalents $19.15M $21.19M $9.599M
Short-Term Investments
Other Short-Term Assets $23.00M $18.90M $17.00M
YoY Change 35.29% 12.5% -11.92%
Inventory $10.02M $9.918M $9.676M
Prepaid Expenses
Receivables $141.4M $137.9M $149.2M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $182.7M $187.9M $186.4M
YoY Change -2.02% 9.61% -13.69%
LONG-TERM ASSETS
Property, Plant & Equipment $73.15M $78.68M $76.43M
YoY Change -4.29% -0.73% -7.1%
Goodwill $169.9M $169.2M $167.6M
YoY Change 1.37% 1.69% -0.85%
Intangibles $40.01M $43.49M $46.76M
YoY Change -14.44% -15.18% -24.02%
Long-Term Investments
YoY Change
Other Assets $2.593M $2.341M $1.975M
YoY Change 31.29% 11.11% 4.66%
Total Long-Term Assets $286.8M $294.7M $293.6M
YoY Change -2.34% -1.84% -7.1%
TOTAL ASSETS
Total Short-Term Assets $182.7M $187.9M $186.4M
Total Long-Term Assets $286.8M $294.7M $293.6M
Total Assets $469.4M $482.7M $480.1M
YoY Change -2.22% 2.32% -9.77%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $6.805M $10.80M $9.169M
YoY Change -25.78% 2.54% -41.07%
Accrued Expenses $59.20M $58.60M $52.40M
YoY Change 12.98% 20.82% 9.62%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $1.379M $12.55M $13.77M
YoY Change -89.99% -29.88% -23.44%
Total Short-Term Liabilities $77.71M $96.88M $90.81M
YoY Change -14.42% 3.59% -6.61%
LONG-TERM LIABILITIES
Long-Term Debt $85.92M $72.46M $87.95M
YoY Change -2.31% -24.18% -35.84%
Other Long-Term Liabilities $7.789M $6.794M $8.477M
YoY Change -8.12% -31.61% -42.33%
Total Long-Term Liabilities $93.71M $79.25M $96.42M
YoY Change -2.82% -24.88% -36.47%
TOTAL LIABILITIES
Total Short-Term Liabilities $77.71M $96.88M $90.81M
Total Long-Term Liabilities $93.71M $79.25M $96.42M
Total Liabilities $198.7M $206.4M $215.7M
YoY Change -7.9% -8.97% -23.6%
SHAREHOLDERS EQUITY
Retained Earnings $91.80M $82.24M $75.87M
YoY Change 21.0% 42.82% 41.57%
Common Stock $292.0K $290.0K $289.0K
YoY Change 1.04% 1.05% 1.05%
Preferred Stock
YoY Change
Treasury Stock (at cost) $9.000M $0.00
YoY Change
Treasury Stock Shares 420.3K shares
Shareholders Equity $270.6M $276.2M $264.2M
YoY Change
Total Liabilities & Shareholders Equity $469.4M $482.7M $480.1M
YoY Change -2.22% 2.32% -9.77%

Cashflow Statement

Concept 2016 Q4 2016 Q2 2015 Q4
OPERATING ACTIVITIES
Net Income $963.0K $2.761M $11.43M
YoY Change -91.57% 27.18% 9.57%
Depreciation, Depletion And Amortization $7.894M $8.626M $7.963M
YoY Change -0.87% 1.36% -5.04%
Cash From Operating Activities $8.630M $12.32M $10.31M
YoY Change -16.29% -20.62% -190.68%
INVESTING ACTIVITIES
Capital Expenditures -$3.420M -$3.860M -$3.660M
YoY Change -6.56% 6.34% -11.59%
Acquisitions
YoY Change
Other Investing Activities -$6.640M $80.00K -$1.560M
YoY Change 325.64% -80.95% -135.37%
Cash From Investing Activities -$10.06M -$3.780M -$5.220M
YoY Change 92.72% 17.39% -1900.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 13.51M -6.040M -6.080M
YoY Change -322.2% -55.06% -135.83%
NET CHANGE
Cash From Operating Activities 8.630M 12.32M 10.31M
Cash From Investing Activities -10.06M -3.780M -5.220M
Cash From Financing Activities 13.51M -6.040M -6.080M
Net Change In Cash 12.08M 2.500M -990.0K
YoY Change -1320.2% -319.3% -116.81%
FREE CASH FLOW
Cash From Operating Activities $8.630M $12.32M $10.31M
Capital Expenditures -$3.420M -$3.860M -$3.660M
Free Cash Flow $12.05M $16.18M $13.97M
YoY Change -13.74% -15.51% -293.22%

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us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
21916000 USD
CY2015Q4 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.40
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.64
CY2016Q4 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.25
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.48
CY2015Q4 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.39
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.62
CY2016Q4 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.24
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.46
CY2015Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
6804000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
10967000 USD
CY2016Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4284000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
8011000 USD
us-gaap Income Taxes Paid
IncomeTaxesPaid
6223000 USD
us-gaap Income Taxes Paid
IncomeTaxesPaid
7637000 USD
us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
-1248000 USD
us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
-2455000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
17641000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
5508000 USD
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
1581000 USD
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
1290000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-1496000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-742000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
9000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
145000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
790000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
4333000 USD
CY2016Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
43492000 USD
CY2016Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
42137000 USD
us-gaap Interest Paid
InterestPaid
3010000 USD
us-gaap Interest Paid
InterestPaid
1849000 USD
CY2016Q2 us-gaap Inventory Net
InventoryNet
9918000 USD
CY2016Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
482675000 USD
CY2016Q2 us-gaap Liabilities
Liabilities
206387000 USD
CY2016Q4 us-gaap Liabilities
Liabilities
213921000 USD
CY2016Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
492166000 USD
CY2016Q2 us-gaap Liabilities Current
LiabilitiesCurrent
96877000 USD
CY2016Q4 us-gaap Liabilities Current
LiabilitiesCurrent
84900000 USD
CY2016Q2 us-gaap Long Term Debt
LongTermDebt
85009000 USD
CY2016Q4 us-gaap Long Term Debt
LongTermDebt
93360000 USD
CY2016Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
12553000 USD
CY2016Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
2028000 USD
CY2016Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
72456000 USD
CY2016Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
91332000 USD
CY2016Q2 us-gaap Loss Contingency Accrual Carrying Value Current
LossContingencyAccrualCarryingValueCurrent
6320000 USD
CY2016Q4 us-gaap Loss Contingency Accrual Carrying Value Current
LossContingencyAccrualCarryingValueCurrent
6320000 USD
CY2016Q2 us-gaap Minority Interest
MinorityInterest
125000 USD
CY2016Q4 us-gaap Minority Interest
MinorityInterest
157000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-16644000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-4344000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-9623000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-15042000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
26524000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
25969000 USD
CY2015Q4 us-gaap Net Income Loss
NetIncomeLoss
11425000 USD
us-gaap Net Income Loss
NetIncomeLoss
18297000 USD
CY2016Q4 us-gaap Net Income Loss
NetIncomeLoss
7270000 USD
us-gaap Net Income Loss
NetIncomeLoss
13866000 USD
CY2015Q4 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
5000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-20000 USD
CY2016Q4 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
26000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
39000 USD
us-gaap Notes Issued1
NotesIssued1
0 USD
us-gaap Notes Issued1
NotesIssued1
481000 USD
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
3 segment
CY2015Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
19569000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
32501000 USD
CY2016Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
12508000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
23664000 USD
CY2016Q2 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
15902000 USD
CY2016Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
16615000 USD
CY2016Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
2341000 USD
CY2016Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
2480000 USD
CY2015Q4 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-384000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-1036000 USD
CY2016Q4 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-3580000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-7163000 USD
CY2016Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
6794000 USD
CY2016Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
7679000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
259000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
1744000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
7000000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
951000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
2323000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
1709000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
8174000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
7753000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
6846000 USD
CY2016Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
CY2016Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
CY2016Q2 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2016Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2016Q2 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
12711000 USD
CY2016Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
16759000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
1968000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
196000 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
39200000 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
44900000 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
319000 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
576000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
187000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
585000 USD
CY2015Q4 us-gaap Profit Loss
ProfitLoss
11430000 USD
us-gaap Profit Loss
ProfitLoss
18277000 USD
CY2016Q4 us-gaap Profit Loss
ProfitLoss
7296000 USD
us-gaap Profit Loss
ProfitLoss
13905000 USD
CY2016Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
202844000 USD
CY2016Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
203863000 USD
CY2016Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
78676000 USD
CY2016Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
74580000 USD
CY2016Q2 us-gaap Receivables Net Current
ReceivablesNetCurrent
137913000 USD
CY2016Q4 us-gaap Receivables Net Current
ReceivablesNetCurrent
141367000 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
36800000 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
25600000 USD
us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
3681000 USD
us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
3808000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
15870000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
11056000 USD
CY2015Q4 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
601000 USD
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
1222000 USD
CY2016Q4 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
580000 USD
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
1212000 USD
CY2016Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
82235000 USD
CY2016Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
96102000 USD
CY2015Q4 us-gaap Sales Revenue Net
SalesRevenueNet
194786000 USD
us-gaap Sales Revenue Net
SalesRevenueNet
374639000 USD
CY2016Q4 us-gaap Sales Revenue Net
SalesRevenueNet
176642000 USD
us-gaap Sales Revenue Net
SalesRevenueNet
345085000 USD
CY2015Q4 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
34008000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
69844000 USD
CY2016Q4 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
36249000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
71526000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
3227000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
3313000 USD
CY2016Q2 us-gaap Stockholders Equity
StockholdersEquity
276163000 USD
CY2016Q4 us-gaap Stockholders Equity
StockholdersEquity
278088000 USD
CY2016Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
276288000 USD
CY2016Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
278245000 USD
CY2016Q2 us-gaap Treasury Stock Value
TreasuryStockValue
0 USD
CY2016Q4 us-gaap Treasury Stock Value
TreasuryStockValue
7000000 USD
CY2015Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
29594000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
29641000 shares
CY2016Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
29998000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
30139000 shares
CY2015Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
28869000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
28796000 shares
CY2016Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
29056000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
29016000 shares
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<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;font-weight:bold;">Reclassification</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;">Certain amounts in prior periods have been reclassified to conform to the current year presentation. Such reclassifications did not have a material effect on the Company's financial condition or results of operations as previously reported.</font></div></div>
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;">Certain items included in these statements are based on management&#8217;s estimates. Actual results may differ from those estimates. The results of operations for any interim period are not necessarily indicative of the results expected for the year.</font></div></div>

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