$MORN
Morningstar, Inc.

2014 Q2 Form 10-Q Financial Statement

#000128941914000144 Filed on July 31, 2014

View on sec.gov

Income Statement

Concept 2014 Q2 2013 Q2
Revenue $189.4M $175.4M
YoY Change 7.96% 5.7%
Cost Of Revenue $81.50M $64.43M
YoY Change 26.5% 30.28%
Gross Profit $107.9M $111.0M
YoY Change -2.79% -4.73%
Gross Profit Margin 56.97% 63.27%
Selling, General & Admin $58.30M $56.16M
YoY Change 3.82% 7.33%
% of Gross Profit 54.03% 50.59%
Research & Development $14.15M
YoY Change 13.76%
% of Gross Profit 12.75%
Depreciation & Amortization $13.40M $11.26M
YoY Change 18.98% 6.06%
% of Gross Profit 12.42% 10.15%
Operating Expenses $58.30M $70.31M
YoY Change -17.08% 8.57%
Operating Profit -$24.80M $43.58M
YoY Change -156.9% 5.95%
Interest Expense $600.0K $664.0K
YoY Change -9.64% -47.3%
% of Operating Profit 1.52%
Other Income/Expense, Net $5.900M $3.111M
YoY Change 89.65% 212.66%
Pretax Income -$18.90M $46.70M
YoY Change -140.48% 10.83%
Income Tax -$8.600M $15.96M
% Of Pretax Income 34.17%
Net Earnings -$9.800M $31.12M
YoY Change -131.49% 11.59%
Net Earnings / Revenue -5.17% 17.74%
Basic Earnings Per Share -$0.22 $0.67
Diluted Earnings Per Share -$0.22 $0.66
COMMON SHARES
Basic Shares Outstanding 44.80M shares 46.40M shares
Diluted Shares Outstanding 44.80M shares 46.85M shares

Balance Sheet

Concept 2014 Q2 2013 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $221.0M $314.8M
YoY Change -29.8% -19.26%
Cash & Equivalents $176.3M $169.8M
Short-Term Investments $44.70M $145.0M
Other Short-Term Assets $21.57M $26.87M
YoY Change -19.76% 20.58%
Inventory
Prepaid Expenses
Receivables $135.0M $110.6M
Other Receivables $18.60M $6.500M
Total Short-Term Assets $402.6M $462.4M
YoY Change -12.93% -14.69%
LONG-TERM ASSETS
Property, Plant & Equipment $109.9M $95.55M
YoY Change 15.02% 23.49%
Goodwill $388.8M $321.4M
YoY Change 20.97% 1.41%
Intangibles
YoY Change
Long-Term Investments $30.30M $36.10M
YoY Change -16.07% 5.25%
Other Assets $7.835M $11.54M
YoY Change -32.09% 47.89%
Total Long-Term Assets $648.6M $576.7M
YoY Change 12.48% 2.29%
TOTAL ASSETS
Total Short-Term Assets $402.6M $462.4M
Total Long-Term Assets $648.6M $576.7M
Total Assets $1.051B $1.039B
YoY Change 1.17% -6.03%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $97.30M $47.60M
YoY Change 104.41% 3.7%
Accrued Expenses $58.40M $50.30M
YoY Change 16.1% 3.93%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $322.2M $253.3M
YoY Change 27.2% -3.37%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities $10.52M $21.81M
YoY Change -51.77% 155.11%
Total Long-Term Liabilities $10.52M $21.81M
YoY Change -51.77% 155.11%
TOTAL LIABILITIES
Total Short-Term Liabilities $322.2M $253.3M
Total Long-Term Liabilities $10.52M $21.81M
Total Liabilities $382.6M $321.8M
YoY Change 18.89% 4.29%
SHAREHOLDERS EQUITY
Retained Earnings $595.9M $545.3M
YoY Change 9.27% 21.99%
Common Stock $545.6M $529.3M
YoY Change 3.08% 5.14%
Preferred Stock
YoY Change
Treasury Stock (at cost) $484.6M $352.5M
YoY Change 37.46% 127.22%
Treasury Stock Shares 7.676M shares 5.944M shares
Shareholders Equity $667.6M $716.1M
YoY Change
Total Liabilities & Shareholders Equity $1.051B $1.039B
YoY Change 1.17% -6.03%

Cashflow Statement

Concept 2014 Q2 2013 Q2
OPERATING ACTIVITIES
Net Income -$9.800M $31.12M
YoY Change -131.49% 11.59%
Depreciation, Depletion And Amortization $13.40M $11.26M
YoY Change 18.98% 6.06%
Cash From Operating Activities $54.80M $58.40M
YoY Change -6.16% 18.7%
INVESTING ACTIVITIES
Capital Expenditures -$10.00M -$9.800M
YoY Change 2.04% 10.11%
Acquisitions
YoY Change
Other Investing Activities -$48.70M -$55.20M
YoY Change -11.78% -262.83%
Cash From Investing Activities -$58.70M -$64.90M
YoY Change -9.55% -359.6%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -25.50M -46.70M
YoY Change -45.4% -47.7%
NET CHANGE
Cash From Operating Activities 54.80M 58.40M
Cash From Investing Activities -58.70M -64.90M
Cash From Financing Activities -25.50M -46.70M
Net Change In Cash -29.40M -53.20M
YoY Change -44.74% 252.32%
FREE CASH FLOW
Cash From Operating Activities $54.80M $58.40M
Capital Expenditures -$10.00M -$9.800M
Free Cash Flow $64.80M $68.20M
YoY Change -4.99% 17.38%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2014Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
10664000 USD
CY2013Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
5173000 USD
CY2013Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
539507000 USD
CY2014Q2 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
545624000 USD
us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition
8302000 USD
us-gaap Adjustments To Additional Paid In Capital Tax Effect From Share Based Compensation
AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation
1913000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
8302000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
7737000 USD
CY2014Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
4363000 USD
CY2013Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
3954000 USD
CY2014Q2 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
762000 USD
CY2013Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
1089000 USD
CY2013Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
114131000 USD
CY2014Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
135017000 USD
CY2014Q2 us-gaap Accumulated Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
742000 USD
CY2013Q4 us-gaap Accumulated Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
564000 USD
CY2013Q4 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
4609000 USD
CY2014Q2 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
9922000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
10643000 USD
CY2013Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
5337000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
10962000 USD
CY2014Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
5501000 USD
CY2014Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
281000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
24000 shares
CY2014Q2 us-gaap Assets
Assets
1051223000 USD
CY2013Q4 us-gaap Assets
Assets
1030668000 USD
CY2013Q4 us-gaap Assets Current
AssetsCurrent
446893000 USD
us-gaap Available For Sale Securities Gross Realized Gains
AvailableForSaleSecuritiesGrossRealizedGains
578000 USD
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Type
DocumentType
10-Q
CY2014Q2 us-gaap Assets Current
AssetsCurrent
402585000 USD
CY2013Q4 us-gaap Available For Sale Securities Amortized Cost
AvailableForSaleSecuritiesAmortizedCost
90560000 USD
CY2014Q2 us-gaap Available For Sale Securities Amortized Cost
AvailableForSaleSecuritiesAmortizedCost
14844000 USD
CY2014Q2 us-gaap Available For Sale Securities Current
AvailableForSaleSecuritiesCurrent
16015000 USD
CY2013Q4 us-gaap Available For Sale Securities Current
AvailableForSaleSecuritiesCurrent
91461000 USD
CY2014Q2 us-gaap Available For Sale Securities Debt Maturities Within One Year Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost
3396000 USD
CY2013Q4 us-gaap Available For Sale Securities Debt Maturities Within One Year Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost
45486000 USD
CY2013Q4 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
45402000 USD
CY2014Q2 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
3398000 USD
CY2013Q2 us-gaap Available For Sale Securities Gross Realized Gain Loss Net
AvailableForSaleSecuritiesGrossRealizedGainLossNet
423000 USD
us-gaap Available For Sale Securities Gross Realized Gain Loss Net
AvailableForSaleSecuritiesGrossRealizedGainLossNet
1148000 USD
us-gaap Available For Sale Securities Gross Realized Gain Loss Net
AvailableForSaleSecuritiesGrossRealizedGainLossNet
347000 USD
CY2014Q2 us-gaap Available For Sale Securities Gross Realized Gain Loss Net
AvailableForSaleSecuritiesGrossRealizedGainLossNet
371000 USD
CY2014Q2 us-gaap Available For Sale Securities Gross Realized Gains
AvailableForSaleSecuritiesGrossRealizedGains
417000 USD
CY2013Q2 us-gaap Available For Sale Securities Gross Realized Gains
AvailableForSaleSecuritiesGrossRealizedGains
662000 USD
us-gaap Available For Sale Securities Gross Realized Gains
AvailableForSaleSecuritiesGrossRealizedGains
2226000 USD
us-gaap Available For Sale Securities Gross Realized Losses
AvailableForSaleSecuritiesGrossRealizedLosses
231000 USD
us-gaap Available For Sale Securities Gross Realized Losses
AvailableForSaleSecuritiesGrossRealizedLosses
1078000 USD
CY2013Q2 us-gaap Available For Sale Securities Gross Realized Losses
AvailableForSaleSecuritiesGrossRealizedLosses
239000 USD
CY2014Q2 us-gaap Available For Sale Securities Gross Realized Losses
AvailableForSaleSecuritiesGrossRealizedLosses
46000 USD
CY2014Q2 us-gaap Availableforsale Securities Gross Realized Gain Loss Excluding Other Than Temporary Impairments
AvailableforsaleSecuritiesGrossRealizedGainLossExcludingOtherThanTemporaryImpairments
371000 USD
us-gaap Availableforsale Securities Gross Realized Gain Loss Excluding Other Than Temporary Impairments
AvailableforsaleSecuritiesGrossRealizedGainLossExcludingOtherThanTemporaryImpairments
347000 USD
CY2013Q2 us-gaap Availableforsale Securities Gross Realized Gain Loss Excluding Other Than Temporary Impairments
AvailableforsaleSecuritiesGrossRealizedGainLossExcludingOtherThanTemporaryImpairments
423000 USD
us-gaap Availableforsale Securities Gross Realized Gain Loss Excluding Other Than Temporary Impairments
AvailableforsaleSecuritiesGrossRealizedGainLossExcludingOtherThanTemporaryImpairments
1148000 USD
CY2014Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
176254000 USD
CY2013Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
168160000 USD
CY2013Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
169810000 USD
CY2012Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
163889000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
5921000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
8094000 USD
us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.13
CY2014Q2 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.17
us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.34
CY2013Q2 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.125
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.34
CY2014Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.17
CY2013Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.125
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.25
CY2013Q4 us-gaap Common Stock No Par Value
CommonStockNoParValue
0
CY2014Q2 us-gaap Common Stock No Par Value
CommonStockNoParValue
0
CY2013Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
200000000 shares
CY2014Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
200000000 shares
CY2013Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
44967423 shares
CY2014Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
44715637 shares
CY2014Q2 us-gaap Common Stock Value
CommonStockValue
5000 USD
CY2013Q4 us-gaap Common Stock Value
CommonStockValue
5000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
44948000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
22098000 USD
CY2013Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
23599000 USD
CY2014Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-6856000 USD
CY2013Q2 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-64000 USD
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-15000 USD
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-206000 USD
CY2014Q2 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-10000 USD
CY2014Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-6866000 USD
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
44742000 USD
CY2013Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
23535000 USD
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
22083000 USD
CY2014Q2 us-gaap Cost Method Investments
CostMethodInvestments
2326000 USD
CY2013Q4 us-gaap Cost Method Investments
CostMethodInvestments
10766000 USD
CY2013Q2 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
64427000 USD
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
157101000 USD
CY2014Q2 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
81387000 USD
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
126077000 USD
us-gaap Costmethod Investments Other Than Temporary Impairment
CostmethodInvestmentsOtherThanTemporaryImpairment
0 USD
us-gaap Costmethod Investments Other Than Temporary Impairment
CostmethodInvestmentsOtherThanTemporaryImpairment
0 USD
us-gaap Costs And Expenses
CostsAndExpenses
356798000 USD
us-gaap Costs And Expenses
CostsAndExpenses
260140000 USD
CY2014Q2 us-gaap Costs And Expenses
CostsAndExpenses
214165000 USD
CY2013Q2 us-gaap Costs And Expenses
CostsAndExpenses
131844000 USD
CY2014Q2 us-gaap Deferred Rent Credit Noncurrent
DeferredRentCreditNoncurrent
23158000 USD
CY2013Q4 us-gaap Deferred Rent Credit Noncurrent
DeferredRentCreditNoncurrent
23938000 USD
CY2014Q2 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
161921000 USD
CY2013Q4 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
149225000 USD
CY2013Q4 us-gaap Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
3892000 USD
CY2014Q2 us-gaap Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
6437000 USD
CY2014Q2 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
19183000 USD
CY2013Q4 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
23755000 USD
CY2014Q2 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
13391000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
22601000 USD
CY2013Q2 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
11262000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
25778000 USD
us-gaap Dividends Common Stock
DividendsCommonStock
15211000 USD
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.37
CY2014Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.22
CY2013Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.67
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.31
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.37
CY2014Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.22
CY2013Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.66
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.30
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-5140000 USD
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
1642000 USD
CY2014Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.468
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.233
CY2013Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.339
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.318
CY2014Q2 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
58409000 USD
CY2013Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
71403000 USD
us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P35Y
us-gaap Equity Method Investment Other Than Temporary Impairment
EquityMethodInvestmentOtherThanTemporaryImpairment
0 USD
us-gaap Equity Method Investment Other Than Temporary Impairment
EquityMethodInvestmentOtherThanTemporaryImpairment
0 USD
us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
1913000 USD
us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
3842000 USD
us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
3842000 USD
us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
1913000 USD
CY2013Q2 us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
2255000 USD
CY2014Q2 us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
1340000 USD
CY2013 us-gaap Finite Lived Intangible Asset Useful Life
FiniteLivedIntangibleAssetUsefulLife
P10Y
us-gaap Finite Lived Intangible Asset Useful Life
FiniteLivedIntangibleAssetUsefulLife
P11Y
CY2014Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
162045000 USD
CY2013Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
149791000 USD
CY2014Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
22669000 USD
CY2014Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
34593000 USD
CY2014Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
11190000 USD
CY2014Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
13406000 USD
CY2014Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
18071000 USD
CY2013Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
253700000 USD
CY2014Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
273824000 USD
CY2014Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
111779000 USD
CY2013Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
103909000 USD
CY2014Q2 us-gaap Gain Loss Related To Litigation Settlement
GainLossRelatedToLitigationSettlement
-61000000 USD
CY2013Q2 us-gaap Gain Loss Related To Litigation Settlement
GainLossRelatedToLitigationSettlement
0 USD
us-gaap Gain Loss Related To Litigation Settlement
GainLossRelatedToLitigationSettlement
0 USD
us-gaap Gain Loss Related To Litigation Settlement
GainLossRelatedToLitigationSettlement
-61000000 USD
CY2013Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
28120000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
56542000 USD
CY2014Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
30438000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
55447000 USD
CY2013Q4 us-gaap Goodwill
Goodwill
326450000 USD
CY2014Q2 us-gaap Goodwill
Goodwill
388837000 USD
us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
59250000 USD
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
us-gaap Goodwill Translation Adjustments
GoodwillTranslationAdjustments
3137000 USD
CY2013Q4 us-gaap Held To Maturity Securities Amortized Cost Before Other Than Temporary Impairment
HeldToMaturitySecuritiesAmortizedCostBeforeOtherThanTemporaryImpairment
31214000 USD
CY2014Q2 us-gaap Held To Maturity Securities Amortized Cost Before Other Than Temporary Impairment
HeldToMaturitySecuritiesAmortizedCostBeforeOtherThanTemporaryImpairment
20422000 USD
CY2014Q2 us-gaap Held To Maturity Securities Current
HeldToMaturitySecuritiesCurrent
20422000 USD
CY2013Q4 us-gaap Held To Maturity Securities Current
HeldToMaturitySecuritiesCurrent
31214000 USD
CY2013Q4 us-gaap Held To Maturity Securities Debt Maturities Within One Year Fair Value
HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearFairValue
31210000 USD
CY2014Q2 us-gaap Held To Maturity Securities Debt Maturities Within One Year Fair Value
HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearFairValue
20417000 USD
CY2013Q4 us-gaap Held To Maturity Securities Debt Maturities Within One Year Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount
31210000 USD
CY2014Q2 us-gaap Held To Maturity Securities Debt Maturities Within One Year Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount
20417000 USD
CY2013Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
46695000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
20515000 USD
CY2014Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-18882000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
88200000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
1096000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
857000 USD
CY2013Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
360000 USD
CY2014Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
497000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
28382000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
5039000 USD
CY2014Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-8611000 USD
CY2013Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
15955000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
14511000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
19891000 USD
CY2013Q4 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
3942000 USD
CY2014Q2 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
18616000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
19340000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-524000 USD
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-12169000 USD
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
13693000 USD
us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
38000 USD
us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
2638000 USD
us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
8802000 USD
us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
11023000 USD
us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
-8687000 USD
us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
-19581000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
3465000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-163000 USD
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-1089000 USD
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-537000 USD
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
261000 shares
CY2014Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
1219000 USD
CY2013Q2 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
664000 USD
CY2014Q2 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
634000 USD
us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
1405000 USD
CY2013Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
38714000 USD
CY2014Q2 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
30287000 USD
CY2014Q2 us-gaap Liabilities
Liabilities
382561000 USD
CY2013Q4 us-gaap Liabilities
Liabilities
339378000 USD
CY2013Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1030668000 USD
CY2014Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1051223000 USD
CY2013Q4 us-gaap Liabilities Current
LiabilitiesCurrent
269545000 USD
CY2014Q2 us-gaap Liabilities Current
LiabilitiesCurrent
322188000 USD
CY2014Q2 us-gaap Marketable Securities Current
MarketableSecuritiesCurrent
44696000 USD
CY2013Q4 us-gaap Marketable Securities Current
MarketableSecuritiesCurrent
130407000 USD
CY2013Q4 us-gaap Minority Interest
MinorityInterest
1033000 USD
CY2014Q2 us-gaap Minority Interest
MinorityInterest
1018000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-53033000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-58381000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-15693000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-7203000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
85135000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
66688000 USD
CY2013Q2 us-gaap Net Income Loss
NetIncomeLoss
31121000 USD
us-gaap Net Income Loss
NetIncomeLoss
16607000 USD
us-gaap Net Income Loss
NetIncomeLoss
60739000 USD
CY2014Q2 us-gaap Net Income Loss
NetIncomeLoss
-9769000 USD
CY2013Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-21000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-64000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-35000 USD
CY2014Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-5000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
16603000 USD
CY2014Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-9767000 USD
CY2014Q2 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-9767000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
16603000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
4056000 USD
CY2013Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
3111000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
6763000 USD
CY2014Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
5898000 USD
CY2014Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-24780000 USD
CY2013Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
43584000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
84144000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
13752000 USD
CY2014Q2 us-gaap Other Assets Current
OtherAssetsCurrent
21565000 USD
CY2013Q4 us-gaap Other Assets Current
OtherAssetsCurrent
26361000 USD
CY2014Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
7835000 USD
CY2013Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
9716000 USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
5333000 USD
CY2013Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-7128000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-16199000 USD
CY2014Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
2861000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
5333000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-15933000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
5511000 USD
CY2013Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-7565000 USD
CY2014Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
2908000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
734000 USD
CY2013Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
271000 USD
CY2014Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
233000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
218000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
129000 USD
CY2014Q2 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
280000 USD
CY2013Q2 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-166000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
396000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
1000000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
219000 USD
CY2014Q2 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
4607000 USD
CY2013Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
6786000 USD
CY2014Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
10520000 USD
CY2013Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
13947000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-688000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
703000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-2210000 USD
CY2013Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-1689000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
29000 USD
CY2014Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-275000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-436000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-259000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
36720000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
53937000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
15309000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
5889000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
64447000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
11125000 USD
us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
82299000 USD
us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
7715000 USD
us-gaap Payments To Acquire Other Investments
PaymentsToAcquireOtherInvestments
0 USD
us-gaap Payments To Acquire Other Investments
PaymentsToAcquireOtherInvestments
909000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
30799000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
18881000 USD
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:Arial;font-size:10pt;">Separately, as a result of our recent reorganization (including new positions created, changes in focus for some existing roles, and the refinement of employee cost categorizations as we moved to a more centralized structure), approximately </font><font style="font-family:Arial;font-size:10pt;">180</font><font style="font-family:Arial;font-size:10pt;"> net positions shifted from the general and administrative and sales and marketing categories to cost of revenue. For the first six months of 2014 as compared with the same period in 2013, changes related to our more centralized organizational structure added </font><font style="font-family:Arial;font-size:10pt;">$14 million</font><font style="font-family:Arial;font-size:10pt;"> of compensation expense to cost of revenue, and reduced the compensation expense in our sales and marketing and general and administrative expense categories by </font><font style="font-family:Arial;font-size:10pt;">$8 million</font><font style="font-family:Arial;font-size:10pt;"> and </font><font style="font-family:Arial;font-size:10pt;">$6 million</font><font style="font-family:Arial;font-size:10pt;">, respectively. These changes did not affect our total operating expense or operating income for any of the periods presented.</font></div></div>
us-gaap Proceeds From Divestiture Of Businesses
ProceedsFromDivestitureOfBusinesses
957000 USD
us-gaap Proceeds From Divestiture Of Businesses
ProceedsFromDivestitureOfBusinesses
0 USD
us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
2072000 USD
us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
2810000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-50000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
14000 USD
us-gaap Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
96128000 USD
us-gaap Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
95499000 USD
us-gaap Profit Loss
ProfitLoss
60675000 USD
CY2014Q2 us-gaap Profit Loss
ProfitLoss
-9774000 USD
CY2013Q2 us-gaap Profit Loss
ProfitLoss
31100000 USD
us-gaap Profit Loss
ProfitLoss
16572000 USD
CY2014Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
109900000 USD
CY2013Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
104986000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
461000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
-326000 USD
CY2013Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
594626000 USD
CY2014Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
595911000 USD
us-gaap Sales Revenue Net
SalesRevenueNet
344284000 USD
CY2014Q2 us-gaap Sales Revenue Net
SalesRevenueNet
189385000 USD
us-gaap Sales Revenue Net
SalesRevenueNet
370550000 USD
CY2013Q2 us-gaap Sales Revenue Net
SalesRevenueNet
175428000 USD
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
56377000 USD
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
56015000 USD
CY2013Q2 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
28035000 USD
CY2014Q2 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
27949000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
8302000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
7737000 USD
CY2014Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
4248000 shares
us-gaap Stock Repurchase Program Authorized Amount
StockRepurchaseProgramAuthorizedAmount
700000000 USD
CY2013Q4 us-gaap Stockholders Equity
StockholdersEquity
690257000 USD
CY2014Q2 us-gaap Stockholders Equity
StockholdersEquity
667644000 USD
CY2013Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
691290000 USD
CY2014Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
668662000 USD
CY2013Q4 us-gaap Trading Securities Current
TradingSecuritiesCurrent
7732000 USD
CY2014Q2 us-gaap Trading Securities Current
TradingSecuritiesCurrent
8259000 USD
CY2014Q2 us-gaap Trading Securities Unrealized Holding Gain Loss
TradingSecuritiesUnrealizedHoldingGainLoss
-224000 USD
us-gaap Trading Securities Unrealized Holding Gain Loss
TradingSecuritiesUnrealizedHoldingGainLoss
273000 USD
us-gaap Trading Securities Unrealized Holding Gain Loss
TradingSecuritiesUnrealizedHoldingGainLoss
-155000 USD
CY2013Q2 us-gaap Trading Securities Unrealized Holding Gain Loss
TradingSecuritiesUnrealizedHoldingGainLoss
-45000 USD
CY2014Q2 us-gaap Treasury Stock Shares
TreasuryStockShares
7676092 shares
CY2013Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
7202896 shares
CY2013Q4 us-gaap Treasury Stock Value
TreasuryStockValue
449054000 USD
CY2014Q2 us-gaap Treasury Stock Value
TreasuryStockValue
484560000 USD
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
36720000 USD
us-gaap Undistributed Earnings Allocated To Participating Securities
UndistributedEarningsAllocatedToParticipatingSecurities
0 USD
CY2014Q2 us-gaap Undistributed Earnings Allocated To Participating Securities
UndistributedEarningsAllocatedToParticipatingSecurities
-3000 USD
CY2014Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
11476000 USD
CY2013Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
12958000 USD
CY2013Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
10557000 USD
CY2014Q2 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
11476000 USD
CY2014Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
44777000 shares
CY2013Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
46853000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
46756000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
45039000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
44778000 shares
CY2014Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
44777000 shares
CY2013Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
46400000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
46403000 shares
CY2014Q2 morn Accounts Payable And Accrued Liabilities Excluding Employee Related Liabilities Current
AccountsPayableAndAccruedLiabilitiesExcludingEmployeeRelatedLiabilitiesCurrent
97251000 USD
CY2013Q4 morn Accounts Payable And Accrued Liabilities Excluding Employee Related Liabilities Current
AccountsPayableAndAccruedLiabilitiesExcludingEmployeeRelatedLiabilitiesCurrent
42131000 USD
CY2014Q2 morn Available For Sale Securities Debt Maturities After One Through Two Years Amortized Cost Basis
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughTwoYearsAmortizedCostBasis
0 USD
CY2013Q4 morn Available For Sale Securities Debt Maturities After One Through Two Years Amortized Cost Basis
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughTwoYearsAmortizedCostBasis
34107000 USD
CY2013Q4 morn Available For Sale Securities Debt Maturities After One Through Two Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughTwoYearsFairValue
34099000 USD
CY2014Q2 morn Available For Sale Securities Debt Maturities After One Through Two Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughTwoYearsFairValue
0 USD
CY2013Q4 morn Available For Sale Securities Equity Securities And Mutual Funds Amortized Cost Basis
AvailableForSaleSecuritiesEquitySecuritiesAndMutualFundsAmortizedCostBasis
10967000 USD
CY2014Q2 morn Available For Sale Securities Equity Securities And Mutual Funds Amortized Cost Basis
AvailableForSaleSecuritiesEquitySecuritiesAndMutualFundsAmortizedCostBasis
11448000 USD
CY2013Q4 morn Available For Sale Securities Equity Securities And Mutual Funds Fair Value
AvailableForSaleSecuritiesEquitySecuritiesAndMutualFundsFairValue
11960000 USD
CY2014Q2 morn Available For Sale Securities Equity Securities And Mutual Funds Fair Value
AvailableForSaleSecuritiesEquitySecuritiesAndMutualFundsFairValue
12617000 USD
CY2014Q2 morn Availableforsale Securities Gross Unrealized Gain Accumulatedin Investments
AvailableforsaleSecuritiesGrossUnrealizedGainAccumulatedinInvestments
1378000 USD
CY2013Q4 morn Availableforsale Securities Gross Unrealized Gain Accumulatedin Investments
AvailableforsaleSecuritiesGrossUnrealizedGainAccumulatedinInvestments
1269000 USD
CY2014Q2 morn Availableforsale Securities Gross Unrealized Loss Accumulatedin Investments
AvailableforsaleSecuritiesGrossUnrealizedLossAccumulatedinInvestments
207000 USD
morn Equity Method Investments Holding Gain
EquityMethodInvestmentsHoldingGain
5168000 USD
morn Equity Method Investments Holding Gain
EquityMethodInvestmentsHoldingGain
3713000 USD
CY2013Q2 morn Equity Method Investments Holding Gain
EquityMethodInvestmentsHoldingGain
3713000 USD
CY2014Q2 morn Equity Method Investments Holding Gain
EquityMethodInvestmentsHoldingGain
5168000 USD
CY2014Q2 morn Future Amortization Expense Current Fiscal Year
FutureAmortizationExpenseCurrentFiscalYear
22493000 USD
CY2014Q2 morn Held To Maturity Securities Debt Maturities After One Through Three Years Fair Value
HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughThreeYearsFairValue
5000 USD
CY2013Q4 morn Availableforsale Securities Gross Unrealized Loss Accumulatedin Investments
AvailableforsaleSecuritiesGrossUnrealizedLossAccumulatedinInvestments
368000 USD
CY2014Q2 morn Certificate Of Deposit Held As Collateral Against Australia Office Lease
CertificateOfDepositHeldAsCollateralAgainstAustraliaOfficeLease
1500000 USD
CY2014Q2 morn Closing Stock Price Used To Calculate Intrinsic Value
ClosingStockPriceUsedToCalculateIntrinsicValue
71.81
CY2014Q2 morn Decrease In Income Tax Expense Upon Recognition Of Gross Unrecognized Tax Benefits
DecreaseInIncomeTaxExpenseUponRecognitionOfGrossUnrecognizedTaxBenefits
9961000 USD
CY2013Q4 morn Decrease In Income Tax Expense Upon Recognition Of Gross Unrecognized Tax Benefits
DecreaseInIncomeTaxExpenseUponRecognitionOfGrossUnrecognizedTaxBenefits
9262000 USD
morn Distributed Earnings Available To Participating Securities
DistributedEarningsAvailableToParticipatingSecurities
4000 USD
CY2014Q2 morn Distributed Earnings Available To Participating Securities
DistributedEarningsAvailableToParticipatingSecurities
1000 USD
morn Dividends Restricted Stock Units
DividendsRestrictedStockUnits
64000 USD
CY2013Q2 morn Effective Income Tax Rate Reconciliation Change In Percentage Points Compared With Prior Year Period
EffectiveIncomeTaxRateReconciliationChangeInPercentagePointsComparedWithPriorYearPeriod
12.9
CY2013Q4 morn Employee Related Liabilities Noncurrent
EmployeeRelatedLiabilitiesNoncurrent
8193000 USD
CY2014Q2 morn Employee Related Liabilities Noncurrent
EmployeeRelatedLiabilitiesNoncurrent
7512000 USD
CY2013Q4 morn Held To Maturity Securities Debt Maturities After One Through Three Years Fair Value
HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughThreeYearsFairValue
4000 USD
CY2014Q2 morn Held To Maturity Securities Debt Maturities After One Through Three Years Years Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughThreeYearsYearsNetCarryingAmount
5000 USD
CY2013Q4 morn Held To Maturity Securities Debt Maturities After One Through Three Years Years Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughThreeYearsYearsNetCarryingAmount
4000 USD
CY2013Q4 morn Heldtomaturity Securities Accumulated Unrecognized Holding Gain
HeldtomaturitySecuritiesAccumulatedUnrecognizedHoldingGain
0 USD
CY2014Q2 morn Heldtomaturity Securities Accumulated Unrecognized Holding Gain
HeldtomaturitySecuritiesAccumulatedUnrecognizedHoldingGain
0 USD
CY2014Q2 morn Heldtomaturity Securities Accumulated Unrecognized Holding Loss
HeldtomaturitySecuritiesAccumulatedUnrecognizedHoldingLoss
0 USD
CY2013Q4 morn Heldtomaturity Securities Accumulated Unrecognized Holding Loss
HeldtomaturitySecuritiesAccumulatedUnrecognizedHoldingLoss
0 USD
morn Income Loss From Continuing Operations Before Income Taxes Domestic And Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomesticAndForeign
21646000 USD
CY2013Q2 morn Income Loss From Continuing Operations Before Income Taxes Domestic And Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomesticAndForeign
47076000 USD
CY2014Q2 morn Income Loss From Continuing Operations Before Income Taxes Domestic And Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomesticAndForeign
-18380000 USD
morn Income Loss From Continuing Operations Before Income Taxes Domestic And Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomesticAndForeign
89121000 USD
morn Increase Decrease In Accounts Payable And Accrued Liabilities Excluding Employee Related Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilitiesExcludingEmployeeRelatedLiabilities
638000 USD
morn Increase Decrease In Accounts Payable And Accrued Liabilities Excluding Employee Related Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilitiesExcludingEmployeeRelatedLiabilities
61196000 USD
morn Increase Decrease In Deferred Rent
IncreaseDecreaseInDeferredRent
-996000 USD
morn Increase Decrease In Deferred Rent
IncreaseDecreaseInDeferredRent
-872000 USD
morn Noncashfinancingarrangement
Noncashfinancingarrangement
0 USD
morn Noncashfinancingarrangement
Noncashfinancingarrangement
4860000 USD
morn Reorganization Numberof Positions Shifted
ReorganizationNumberofPositionsShifted
180 position
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2014
morn Share Based Compensation Shares Available For Future Grants
ShareBasedCompensationSharesAvailableForFutureGrants
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">The following table summarizes the number of shares available for future grants under our 2011 Plan:</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">&#160;</font></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="4" rowspan="1"></td></tr><tr><td width="81%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="17%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:Arial;font-size:8pt;font-weight:bold;">As of June 30</font></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:Arial;font-size:8pt;font-weight:bold;">(in thousands)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:Arial;font-size:8pt;font-weight:bold;">2014</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">Shares available for future grants</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">4,248</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div>
CY2014Q2 morn Shares Repurchased Program Life To Date Shares
SharesRepurchasedProgramLifeToDateShares
7557807 shares
CY2014Q2 morn Shares Repurchased Program Life To Date Value
SharesRepurchasedProgramLifeToDateValue
486504000 USD
morn Stock Issued During Period Value Stock Options Exercised And Vesting Of Restricted Stock
StockIssuedDuringPeriodValueStockOptionsExercisedAndVestingOfRestrictedStock
-2931000 USD
morn Taxes Withheld For Restricted Stock Units
TaxesWithheldForRestrictedStockUnits
5157000 USD
morn Taxes Withheld For Restricted Stock Units
TaxesWithheldForRestrictedStockUnits
5003000 USD
CY2013Q4 morn Total Liability For Unrecognized Tax Benefits
TotalLiabilityForUnrecognizedTaxBenefits
12223000 USD
CY2014Q2 morn Total Liability For Unrecognized Tax Benefits
TotalLiabilityForUnrecognizedTaxBenefits
11202000 USD
morn Undistributed Earnings Allocated To Participating Securities Diluted
UndistributedEarningsAllocatedToParticipatingSecuritiesDiluted
0 USD
CY2014Q2 morn Undistributed Earnings Allocated To Participating Securities Diluted
UndistributedEarningsAllocatedToParticipatingSecuritiesDiluted
-3000 USD
morn Undistributed Earnings Reallocated To Participating Securities
UndistributedEarningsReallocatedToParticipatingSecurities
0 USD
CY2014Q2 morn Undistributed Earnings Reallocated To Participating Securities
UndistributedEarningsReallocatedToParticipatingSecurities
-3000 USD
morn Unrealized Gain Loss On Available For Sale Investments
UnrealizedGainLossOnAvailableForSaleInvestments
418000 USD
morn Unrealized Gain Loss On Available For Sale Investments
UnrealizedGainLossOnAvailableForSaleInvestments
270000 USD
CY2013Q4 morn Unrecognized Tax Benefits Included In Current Liabilities
UnrecognizedTaxBenefitsIncludedInCurrentLiabilities
6211000 USD
CY2014Q2 morn Unrecognized Tax Benefits Included In Current Liabilities
UnrecognizedTaxBenefitsIncludedInCurrentLiabilities
4490000 USD
CY2014Q2 morn Unrecognized Tax Benefits Included In Non Current Liabilities
UnrecognizedTaxBenefitsIncludedInNonCurrentLiabilities
6712000 USD
CY2013Q4 morn Unrecognized Tax Benefits Included In Non Current Liabilities
UnrecognizedTaxBenefitsIncludedInNonCurrentLiabilities
6012000 USD
dei Document Period End Date
DocumentPeriodEndDate
2014-06-30
dei Entity Central Index Key
EntityCentralIndexKey
0001289419
CY2014Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
44721637 shares
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Entity Registrant Name
EntityRegistrantName
MORNINGSTAR, INC.

Files In Submission

Name View Source Status
0001289419-14-000144-index-headers.html Edgar Link pending
0001289419-14-000144-index.html Edgar Link pending
0001289419-14-000144.txt Edgar Link pending
0001289419-14-000144-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
Financial_Report.xlsx Edgar Link pending
mlogored2.jpg Edgar Link pending
morn-20140630.xml Edgar Link completed
morn-20140630.xsd Edgar Link pending
morn-20140630_cal.xml Edgar Link unprocessable
morn-20140630_def.xml Edgar Link unprocessable
morn-20140630_lab.xml Edgar Link unprocessable
morn-20140630_pre.xml Edgar Link unprocessable
morn_10qx06302014.htm Edgar Link pending
morn_exhibitx311x063014.htm Edgar Link pending
morn_exhibitx312x063014.htm Edgar Link pending
morn_exhibitx321x063014.htm Edgar Link pending
morn_exhibitx322x063014.htm Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending