2015 Q4 Form 10-K Financial Statement

#000092632617000015 Filed on February 28, 2017

View on sec.gov

Income Statement

Concept 2015 Q4 2014 Q4 2014
Revenue $130.3M $121.5M $440.9M
YoY Change 7.24% 14.84% 15.85%
Cost Of Revenue $65.20M $57.80M $207.0M
YoY Change 12.8% 17.72% 16.85%
Gross Profit $65.10M $63.80M $233.9M
YoY Change 2.04% 12.72% 14.98%
Gross Profit Margin 49.96% 52.51% 53.04%
Selling, General & Admin $43.90M $42.20M $156.5M
YoY Change 4.03% 10.76% 12.58%
% of Gross Profit 67.43% 66.14% 66.91%
Research & Development $9.200M $8.100M $27.80M
YoY Change 13.58% 9.46% -4.48%
% of Gross Profit 14.13% 12.7% 11.89%
Depreciation & Amortization $7.100M $5.600M $20.27M
YoY Change 26.79% 19.15% 10.38%
% of Gross Profit 10.91% 8.78% 8.67%
Operating Expenses $53.10M $50.30M $184.3M
YoY Change 5.57% 10.31% 9.62%
Operating Profit $12.00M $13.50M $49.58M
YoY Change -11.11% 22.73% 40.47%
Interest Expense -$800.0K -$100.0K -$1.100M
YoY Change 700.0% 0.0% 266.67%
% of Operating Profit -6.67% -0.74% -2.22%
Other Income/Expense, Net -$1.079M
YoY Change 299.63%
Pretax Income $11.20M $13.40M $48.50M
YoY Change -16.42% 22.94% 38.47%
Income Tax $3.600M $4.200M $17.99M
% Of Pretax Income 32.14% 31.34% 37.08%
Net Earnings $7.700M $9.200M $30.52M
YoY Change -16.3% 35.29% 27.27%
Net Earnings / Revenue 5.91% 7.57% 6.92%
Basic Earnings Per Share $0.86
Diluted Earnings Per Share $212.1K $251.4K $0.83
COMMON SHARES
Basic Shares Outstanding 35.43M shares 35.60M shares 35.65M shares
Diluted Shares Outstanding 36.62M shares

Balance Sheet

Concept 2015 Q4 2014 Q4 2014
SHORT-TERM ASSETS
Cash & Short-Term Investments $82.20M $125.9M $125.9M
YoY Change -34.71% 20.48% 20.48%
Cash & Equivalents $82.22M $125.9M $125.9M
Short-Term Investments
Other Short-Term Assets $7.774M $7.215M $43.20M
YoY Change 7.75% -5.99% 10.2%
Inventory $46.59M $31.55M $31.60M
Prepaid Expenses $19.59M $23.52M
Receivables $108.0M $82.76M $82.80M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $264.1M $283.4M $283.4M
YoY Change -6.8% 21.22% 21.21%
LONG-TERM ASSETS
Property, Plant & Equipment $32.31M $36.18M $36.20M
YoY Change -10.69% 2.62% 2.55%
Goodwill $147.9M $122.7M
YoY Change 20.52% 10.22%
Intangibles $89.67M
YoY Change
Long-Term Investments $14.50M $900.0K $11.70M
YoY Change 1511.11% -92.17% -4.1%
Other Assets $27.89M $23.27M $2.200M
YoY Change 19.86% 29.75% -4.35%
Total Long-Term Assets $314.6M $276.8M $276.8M
YoY Change 13.65% 7.0% 7.0%
TOTAL ASSETS
Total Short-Term Assets $264.1M $283.4M $283.4M
Total Long-Term Assets $314.6M $276.8M $276.8M
Total Assets $578.7M $560.2M $560.2M
YoY Change 3.31% 13.75% 13.75%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $22.65M $19.43M $19.40M
YoY Change 16.54% 17.98% 17.58%
Accrued Expenses $30.13M $19.30M $32.20M
YoY Change 56.14% 40.4% 20.6%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00
YoY Change
Total Short-Term Liabilities $124.6M $112.3M $112.3M
YoY Change 10.95% 21.56% 21.54%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $11.93M $7.024M $27.30M
YoY Change 69.87% 35.73% 19.21%
Total Long-Term Liabilities $11.93M $7.024M $27.30M
YoY Change 69.87% 35.73% 19.21%
TOTAL LIABILITIES
Total Short-Term Liabilities $124.6M $112.3M $112.3M
Total Long-Term Liabilities $11.93M $7.024M $27.30M
Total Liabilities $176.4M $170.1M $170.1M
YoY Change 3.67% 18.54% 18.54%
SHAREHOLDERS EQUITY
Retained Earnings $99.79M $69.03M
YoY Change 44.56% 79.24%
Common Stock $45.00K $43.00K
YoY Change 4.65% 4.88%
Preferred Stock
YoY Change
Treasury Stock (at cost) $185.1M $135.1M
YoY Change 37.04% 21.71%
Treasury Stock Shares 9.145M shares 7.721M shares
Shareholders Equity $420.5M $390.1M $390.1M
YoY Change
Total Liabilities & Shareholders Equity $578.7M $560.2M $560.2M
YoY Change 3.31% 13.75% 13.75%

Cashflow Statement

Concept 2015 Q4 2014 Q4 2014
OPERATING ACTIVITIES
Net Income $7.700M $9.200M $30.52M
YoY Change -16.3% 35.29% 27.27%
Depreciation, Depletion And Amortization $7.100M $5.600M $20.27M
YoY Change 26.79% 19.15% 10.38%
Cash From Operating Activities $32.60M $30.90M $65.16M
YoY Change 5.5% 111.64% 17.91%
INVESTING ACTIVITIES
Capital Expenditures -$4.200M -$4.300M $11.92M
YoY Change -2.33% -36.76% -3.35%
Acquisitions $20.72M
YoY Change
Other Investing Activities $0.00 -$1.000M -$20.70M
YoY Change -100.0%
Cash From Investing Activities -$4.300M -$5.200M -$43.33M
YoY Change -17.31% -23.53% 111.84%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $24.09M
YoY Change 14.93%
Debt Paid & Issued, Net $0.00
YoY Change
Cash From Financing Activities -3.900M -3.700M -$206.0K
YoY Change 5.41% -80.93% -102.79%
NET CHANGE
Cash From Operating Activities 32.60M 30.90M $65.16M
Cash From Investing Activities -4.300M -5.200M -$43.33M
Cash From Financing Activities -3.900M -3.700M -$206.0K
Net Change In Cash 24.40M 22.00M $21.63M
YoY Change 10.91% -289.66% -48.72%
FREE CASH FLOW
Cash From Operating Activities $32.60M $30.90M $65.16M
Capital Expenditures -$4.200M -$4.300M $11.92M
Free Cash Flow $36.80M $35.20M $53.24M
YoY Change 4.55% 64.49% 24.02%

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207040000 USD
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2274000 USD
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2475000 USD
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1323000 USD
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192000 USD
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203000 USD
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46000 USD
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1457000 USD
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14020000 USD
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5857000 USD
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6451000 USD
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28213000 USD
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57427000 USD
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0 USD
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17185000 USD
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20071000 USD
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1000000 USD
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20272000 USD
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25639000 USD
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58362000 USD
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0.02
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0.02
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4724000 USD
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1963000 USD
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5834000 USD
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4724000 USD
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1963000 USD
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20501000 USD
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54059000 USD
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93759000 USD
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25173000 USD
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14854000 USD
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16255000 USD
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17402000 USD
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22840000 USD
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685000 USD
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786000 USD
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110851000 USD
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245128000 USD
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89665000 USD
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190283000 USD
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5897000 USD
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6517000 USD
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-167000 USD
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26197000 USD
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184431000 USD
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-1011000 USD
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1200000 USD
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313800000 USD
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48327000 USD
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51089000 USD
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1471000 USD
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48504000 USD
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46244000 USD
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177000 USD
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17986000 USD
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15484000 USD
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CY2014 us-gaap Income Tax Reconciliation Deductions Qualified Production Activities
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1127000 USD
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1133000 USD
CY2016 us-gaap Income Tax Reconciliation Deductions Qualified Production Activities
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890000 USD
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16998000 USD
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16181000 USD
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-682000 USD
CY2014 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
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461000 USD
CY2015 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
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748000 USD
CY2016 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
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1941000 USD
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-99000 USD
CY2015 us-gaap Income Tax Reconciliation Other Reconciling Items
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62000 USD
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-92000 USD
CY2014 us-gaap Income Tax Reconciliation State And Local Income Taxes
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1533000 USD
CY2015 us-gaap Income Tax Reconciliation State And Local Income Taxes
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1365000 USD
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9161000 USD
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11871000 USD
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11091000 USD
CY2014 us-gaap Increase Decrease In Accounts Payable
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1611000 USD
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-2841000 USD
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21858000 USD
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17941000 USD
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5512000 USD
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5456000 USD
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13687000 USD
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818000 USD
CY2015 us-gaap Income Tax Reconciliation Tax Credits Research
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1324000 USD
CY2016 us-gaap Income Tax Reconciliation Tax Credits Research
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2075000 USD
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0 USD
CY2015 us-gaap Income Tax Reconciliation Tax Settlements
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0 USD
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-5521000 USD
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4480000 USD
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270000 USD
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-1960000 USD
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10032000 USD
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3362000 USD
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4661000 USD
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9639000 USD
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-53000 USD
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1093000 USD
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-496000 USD
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1849000 USD
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-683000 USD
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4296000 USD
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-4049000 USD
CY2016 us-gaap Increase Decrease In Prepaid Expense
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4321000 USD
CY2014 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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972000 shares
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861000 shares
CY2016 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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708000 shares
CY2015Q4 us-gaap Long Term Debt Current
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0 USD
CY2016Q4 us-gaap Long Term Debt Current
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8410000 USD
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0 USD
CY2016Q4 us-gaap Long Term Debt Noncurrent
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245731000 USD
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61000 USD
CY2015 us-gaap Interest Paid
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76000 USD
CY2016 us-gaap Interest Paid
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5344000 USD
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33359000 USD
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47175000 USD
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46594000 USD
CY2016Q4 us-gaap Inventory Net
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69297000 USD
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11582000 USD
CY2016Q4 us-gaap Inventory Raw Materials Net Of Reserves
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14322000 USD
CY2015Q4 us-gaap Inventory Work In Process Net Of Reserves
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1653000 USD
CY2016Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
7800000 USD
CY2015Q4 us-gaap Leasehold Improvements Gross
LeaseholdImprovementsGross
9063000 USD
CY2016Q4 us-gaap Leasehold Improvements Gross
LeaseholdImprovementsGross
9778000 USD
CY2015Q4 us-gaap Liabilities
Liabilities
176359000 USD
CY2016Q4 us-gaap Liabilities
Liabilities
503496000 USD
CY2015Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
578747000 USD
CY2016Q4 us-gaap Liabilities And Stockholders Equity
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935103000 USD
CY2015Q4 us-gaap Liabilities Current
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124630000 USD
CY2016Q4 us-gaap Liabilities Current
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180912000 USD
CY2015Q4 us-gaap Liabilities Fair Value Disclosure
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5823000 USD
CY2016Q4 us-gaap Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
2400000 USD
CY2015Q4 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
43533000 USD
CY2016Q4 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
64384000 USD
CY2015Q4 us-gaap Money Market Funds At Carrying Value
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10114000 USD
CY2014 us-gaap Net Cash Provided By Used In Financing Activities
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CY2015 us-gaap Net Cash Provided By Used In Financing Activities
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-31833000 USD
CY2016 us-gaap Net Cash Provided By Used In Financing Activities
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265715000 USD
CY2014 us-gaap Net Cash Provided By Used In Investing Activities
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CY2015 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-45596000 USD
CY2016 us-gaap Net Cash Provided By Used In Investing Activities
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-341323000 USD
CY2014 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
65163000 USD
CY2015 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
33762000 USD
CY2016 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
47937000 USD
CY2014 us-gaap Net Income Loss
NetIncomeLoss
30518000 USD
CY2015 us-gaap Net Income Loss
NetIncomeLoss
30760000 USD
CY2016 us-gaap Net Income Loss
NetIncomeLoss
603000 USD
CY2014 us-gaap Noncash Or Part Noncash Acquisition Net Nonmonetary Assets Acquired Liabilities Assumed1
NoncashOrPartNoncashAcquisitionNetNonmonetaryAssetsAcquiredLiabilitiesAssumed1
0 USD
CY2015 us-gaap Noncash Or Part Noncash Acquisition Net Nonmonetary Assets Acquired Liabilities Assumed1
NoncashOrPartNoncashAcquisitionNetNonmonetaryAssetsAcquiredLiabilitiesAssumed1
7386000 USD
CY2016 us-gaap Noncash Or Part Noncash Acquisition Net Nonmonetary Assets Acquired Liabilities Assumed1
NoncashOrPartNoncashAcquisitionNetNonmonetaryAssetsAcquiredLiabilitiesAssumed1
0 USD
CY2014 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-1079000 USD
CY2015 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-2388000 USD
CY2016 us-gaap Number Of Reportable Segments
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2 segment
CY2014 us-gaap Operating Expenses
OperatingExpenses
184277000 USD
CY2015 us-gaap Operating Expenses
OperatingExpenses
199298000 USD
CY2015 us-gaap Oci Before Reclassifications Net Of Tax Attributable To Parent
OciBeforeReclassificationsNetOfTaxAttributableToParent
-1369000 USD
CY2016 us-gaap Oci Before Reclassifications Net Of Tax Attributable To Parent
OciBeforeReclassificationsNetOfTaxAttributableToParent
-6649000 USD
CY2016 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-8429000 USD
CY2016 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
2 segment
CY2016 us-gaap Operating Expenses
OperatingExpenses
307319000 USD
CY2014 us-gaap Operating Income Loss
OperatingIncomeLoss
49583000 USD
CY2015 us-gaap Operating Income Loss
OperatingIncomeLoss
48632000 USD
CY2016 us-gaap Operating Income Loss
OperatingIncomeLoss
6481000 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
57692000 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
11300000 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
6719000 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
7358000 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
10995000 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
10994000 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
10326000 USD
CY2014 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
6800000 USD
CY2015 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
7000000 USD
CY2016 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
9800000 USD
CY2015Q4 us-gaap Other Accrued Liabilities Current
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11353000 USD
CY2016Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
12400000 USD
CY2015Q4 us-gaap Other Assets Current
OtherAssetsCurrent
7774000 USD
CY2016Q4 us-gaap Other Assets Current
OtherAssetsCurrent
12674000 USD
CY2015Q4 us-gaap Other Assets Miscellaneous Noncurrent
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1883000 USD
CY2016Q4 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
1818000 USD
CY2015Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
27894000 USD
CY2016Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
35051000 USD
CY2014 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
0 USD
CY2015 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
0 USD
CY2016 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
1245000 USD
CY2014 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-1532000 USD
CY2015 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-1369000 USD
CY2016 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-8034000 USD
CY2014 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-1532000 USD
CY2015 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-1369000 USD
CY2016 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-6789000 USD
CY2015Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
11932000 USD
CY2016Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
8210000 USD
CY2015Q4 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
10346000 USD
CY2016Q4 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
15470000 USD
CY2014 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
24091000 USD
CY2015 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
50021000 USD
CY2016 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 USD
CY2016 us-gaap Payments For Restructuring
PaymentsForRestructuring
1700000 USD
CY2014 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
3744000 USD
CY2015 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
3627000 USD
CY2016 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
3490000 USD
CY2014 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
20723000 USD
CY2015 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
25507000 USD
CY2016 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
312158000 USD
CY2014 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
327000 USD
CY2014 us-gaap Proceeds From Debt Net Of Issuance Costs
ProceedsFromDebtNetOfIssuanceCosts
0 USD
CY2015 us-gaap Proceeds From Debt Net Of Issuance Costs
ProceedsFromDebtNetOfIssuanceCosts
0 USD
CY2016 us-gaap Proceeds From Debt Net Of Issuance Costs
ProceedsFromDebtNetOfIssuanceCosts
287051000 USD
CY2015Q4 us-gaap Preferred Stock Value Outstanding
PreferredStockValueOutstanding
0 USD
CY2016Q4 us-gaap Preferred Stock Value Outstanding
PreferredStockValueOutstanding
0 USD
CY2015Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
19586000 USD
CY2014 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
21795000 USD
CY2015 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
17091000 USD
CY2016 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
17691000 USD
CY2015Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
92837000 USD
CY2016Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
123497000 USD
CY2016Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
28646000 USD
CY2015Q4 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
19586000 USD
CY2016Q4 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
28646000 USD
CY2015 us-gaap Pro Forma Weighted Average Shares Outstanding Diluted
ProFormaWeightedAverageSharesOutstandingDiluted
36699000 shares
CY2016 us-gaap Pro Forma Weighted Average Shares Outstanding Diluted
ProFormaWeightedAverageSharesOutstandingDiluted
36156000 shares
CY2015 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
415000 USD
CY2016 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
1372000 USD
CY2014 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
11922000 USD
CY2015 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
7542000 USD
CY2016 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
13445000 USD
CY2015Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2016Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2015Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000 shares
CY2016Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000 shares
CY2014Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
36178000 USD
CY2015Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
32309000 USD
CY2016Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
42011000 USD
CY2016Q4 us-gaap Purchase Obligation Due In Next Twelve Months
PurchaseObligationDueInNextTwelveMonths
42900000 USD
CY2015 us-gaap Reclassification From Aoci Current Period Net Of Tax Attributable To Parent
ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent
0 USD
CY2016 us-gaap Reclassification From Aoci Current Period Net Of Tax Attributable To Parent
ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent
140000 USD
CY2014 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
0 USD
CY2015 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
0 USD
CY2016 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
34500000 USD
CY2014 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
27802000 USD
CY2015 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
35160000 USD
CY2016 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
57799000 USD
CY2016Q2 us-gaap Restructuring And Related Cost Number Of Positions Eliminated
RestructuringAndRelatedCostNumberOfPositionsEliminated
36 Employee
CY2016 us-gaap Restructuring Costs
RestructuringCosts
1700000 USD
CY2015Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
99793000 USD
CY2016Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
100396000 USD
CY2014 us-gaap Revenues
Revenues
440900000 USD
CY2015 us-gaap Revenues
Revenues
484559000 USD
CY2016 us-gaap Revenues
Revenues
692623000 USD
CY2014 us-gaap Sales Commissions And Fees
SalesCommissionsAndFees
14000000 USD
CY2015 us-gaap Sales Commissions And Fees
SalesCommissionsAndFees
13700000 USD
CY2016 us-gaap Sales Commissions And Fees
SalesCommissionsAndFees
22000000 USD
CY2014 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
360344000 USD
CY2015 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
388397000 USD
CY2016 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
517944000 USD
CY2014 us-gaap Sales Revenue Net
SalesRevenueNet
440900000 USD
CY2015 us-gaap Sales Revenue Net
SalesRevenueNet
484559000 USD
CY2016 us-gaap Sales Revenue Net
SalesRevenueNet
692623000 USD
CY2014 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
80556000 USD
CY2015 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
96162000 USD
CY2016 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
174679000 USD
CY2014 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
156475000 USD
CY2015 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
167581000 USD
CY2016 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
249520000 USD
CY2014 us-gaap Share Based Compensation
ShareBasedCompensation
12785000 USD
CY2015 us-gaap Share Based Compensation
ShareBasedCompensation
14921000 USD
CY2016 us-gaap Share Based Compensation
ShareBasedCompensation
19500000 USD
CY2009Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Additional Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfAdditionalSharesAuthorized
2600000 shares
CY2014 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
21795000 USD
CY2015 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
17091000 USD
CY2016 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
17692000 USD
CY2013Q4 us-gaap Stockholders Equity
StockholdersEquity
348997000 USD
CY2014Q4 us-gaap Stockholders Equity
StockholdersEquity
390098000 USD
CY2015Q4 us-gaap Stockholders Equity
StockholdersEquity
402388000 USD
CY2016Q4 us-gaap Stockholders Equity
StockholdersEquity
431607000 USD
CY2015Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
2768000 USD
CY2016Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
4003000 USD
CY2014Q4 us-gaap Transfer Of Financial Assets Accounted For As Sales Fair Value Of Derecognized Assets
TransferOfFinancialAssetsAccountedForAsSalesFairValueOfDerecognizedAssets
62000000 USD
CY2015Q4 us-gaap Transfer Of Financial Assets Accounted For As Sales Fair Value Of Derecognized Assets
TransferOfFinancialAssetsAccountedForAsSalesFairValueOfDerecognizedAssets
38600000 USD
CY2016Q4 us-gaap Transfer Of Financial Assets Accounted For As Sales Fair Value Of Derecognized Assets
TransferOfFinancialAssetsAccountedForAsSalesFairValueOfDerecognizedAssets
28700000 USD
CY2014 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
27.24
CY2015 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
35.13
CY2015Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
9145000 shares
CY2016Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
9145000 shares
CY2014 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
884000 shares
CY2015 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
1424000 shares
CY2016 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
0 shares
CY2015Q4 us-gaap Treasury Stock Value
TreasuryStockValue
185074000 USD
CY2016Q4 us-gaap Treasury Stock Value
TreasuryStockValue
185074000 USD
CY2014 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
24091000 USD
CY2015 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
50021000 USD
CY2016Q4 us-gaap Undistributed Earnings Of Foreign Subsidiaries
UndistributedEarningsOfForeignSubsidiaries
2500000 USD
CY2013Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
7974000 USD
CY2014Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
8485000 USD
CY2015Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
9150000 USD
CY2016Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
11616000 USD
CY2014 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
89000 USD
CY2016Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
7600000 USD
CY2013Q4 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
657000 USD
CY2014Q4 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
1368000 USD
CY2015Q4 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
1409000 USD
CY2015 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
895000 USD
CY2016 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
1980000 USD
CY2014 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
0 USD
CY2015 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
0 USD
CY2016 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
2178000 USD
CY2014 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
801000 USD
CY2015 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
1807000 USD
CY2016 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
6724000 USD
CY2014 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
63000 USD
CY2015 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
37000 USD
CY2016 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
244000 USD
CY2014 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
264000 USD
CY2015 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
284000 USD
CY2016 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
344000 USD
CY2016Q4 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
5050000 USD
CY2014 us-gaap Valuation Allowances And Reserves Charged To Cost And Expense
ValuationAllowancesAndReservesChargedToCostAndExpense
941000 USD
CY2015 us-gaap Valuation Allowances And Reserves Charged To Cost And Expense
ValuationAllowancesAndReservesChargedToCostAndExpense
354000 USD
CY2016 us-gaap Valuation Allowances And Reserves Charged To Cost And Expense
ValuationAllowancesAndReservesChargedToCostAndExpense
812000 USD
CY2014 us-gaap Valuation Allowances And Reserves Charged To Other Accounts
ValuationAllowancesAndReservesChargedToOtherAccounts
-65000 USD
CY2015 us-gaap Valuation Allowances And Reserves Charged To Other Accounts
ValuationAllowancesAndReservesChargedToOtherAccounts
134000 USD
CY2016 us-gaap Valuation Allowances And Reserves Charged To Other Accounts
ValuationAllowancesAndReservesChargedToOtherAccounts
77000 USD
CY2014 us-gaap Valuation Allowances And Reserves Deductions
ValuationAllowancesAndReservesDeductions
165000 USD
CY2015 us-gaap Valuation Allowances And Reserves Deductions
ValuationAllowancesAndReservesDeductions
447000 USD
CY2016 us-gaap Valuation Allowances And Reserves Deductions
ValuationAllowancesAndReservesDeductions
369000 USD
CY2014 us-gaap Valuation Allowances And Reserves Reserves Of Businesses Acquired
ValuationAllowancesAndReservesReservesOfBusinessesAcquired
0 USD
CY2015 us-gaap Valuation Allowances And Reserves Reserves Of Businesses Acquired
ValuationAllowancesAndReservesReservesOfBusinessesAcquired
0 USD
CY2016 us-gaap Valuation Allowances And Reserves Reserves Of Businesses Acquired
ValuationAllowancesAndReservesReservesOfBusinessesAcquired
3121000 USD
CY2014 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
36622000 shares
CY2015 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
36718000 shares
CY2016 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
36864000 shares
CY2014 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
35650000 shares
CY2015 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
35857000 shares
CY2016 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
36156000 shares
CY2016 us-gaap Guarantees Indemnifications And Warranties Policies
GuaranteesIndemnificationsAndWarrantiesPolicies
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Guarantees</font></div><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">As permitted under Delaware law and the Company's certificate of incorporation and bylaws, the Company has agreed to indemnify its directors and officers against certain losses that they may suffer by reason of the fact that such persons are, were or become its directors or officers. The term of the indemnification period is for the director&#8217;s or officer&#8217;s lifetime and there is no limit on the potential amount of future payments that the Company could be required to make under these indemnification agreements. The Company has purchased a directors&#8217; and officers&#8217; liability insurance policy that may enable it to recover a portion of any future payments that it may be required to make under these indemnification agreements. Assuming the applicability of coverage and the willingness of the insurer to assume coverage and subject to certain retention, loss limits and other policy provisions, the Company believes it is unlikely that the Company will be required to pay any material amounts pursuant to these indemnification obligations. However, no assurances can be given that the insurers will not attempt to dispute the validity, applicability or amount of coverage without expensive and time-consuming litigation against the insurers.</font></div><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Additionally, the Company undertakes indemnification obligations in its ordinary course of business in connection with, among other things, the licensing of its products and the provision of its support services. In the ordinary course of the Company's business, the Company has in the past and may in the future agree to indemnify another party, generally its business affiliates or customers, against certain losses suffered or incurred by the indemnified party in connection with various types of claims, which may include, without limitation, claims of intellectual property infringement, certain tax liabilities, its gross negligence or intentional acts in the performance of support services and violations of laws. The term of these indemnification obligations is generally perpetual. In general, the Company attempts to limit the maximum potential amount of future payments that it may be required to make under these indemnification obligations to the amounts paid to it by a customer, but in some cases the obligation may not be so limited. In addition, the Company has in the past and may in the future warrant to its customers that its products will conform to functional specifications for a limited period of time following the date of installation (generally not exceeding </font><font style="font-family:inherit;font-size:10pt;">30</font><font style="font-family:inherit;font-size:10pt;">&#160;days) or that its software media is free from material defects. Sales contracts for certain of the Company's medication packaging systems often include limited warranties for up to </font><font style="font-family:inherit;font-size:10pt;">six</font><font style="font-family:inherit;font-size:10pt;"> months, but the periodic activity and ending warranty balances the Company records have historically been immaterial.</font></div><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">From time to time, the Company may also warrant that its professional services will be performed in a good and workmanlike manner or in a professional manner consistent with industry standards. The Company generally seeks to disclaim most warranties, including any implied or statutory warranties such as warranties of merchantability, fitness for a particular purpose, title, quality and non-infringement, as well as any liability with respect to incidental, consequential, special, exemplary, punitive or similar damages. In some states, such disclaimers may not be enforceable. If necessary, the Company would provide for the estimated cost of product and service warranties based on specific warranty claims and claim history. The Company has not been subject to any significant claims for such losses and have not incurred any material costs in defending or settling claims related to these indemnification obligations. Accordingly, the Company believes it is unlikely that the Company will be required to pay any material amounts pursuant to these indemnification obligations or potential warranty claims and, therefore, no material liabilities have been recorded for such indemnification obligations as of </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2015</font><font style="font-family:inherit;font-size:10pt;">.</font></div></div>
CY2016 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Certain prior year amounts have been reclassified to conform to&#160;2016&#160;presentation.&#160;These reclassifications include; (i) provision for excess and obsolete inventories and provision for receivables allowance have been reclassified/combined with inventories and accounts receivable within net cash provided by operating activities in the Consolidated Statements of Cash Flows, and (ii) the deferred service revenue and deferred gross profit have been combined under deferred revenue, net. </font></div></div>
CY2016 us-gaap Revenue Recognition Deferred Revenue
RevenueRecognitionDeferredRevenue
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:10px;padding-top:10px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Deferred revenue</font></div><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;"></font><font style="font-family:inherit;font-size:10pt;">Deferred revenue arise when customers have been billed and/or have received products and/or services in advance of revenue recognition. The Company's deferred revenue, net, presented as short term consists primarily of (i) unearned revenue on sale of equipment for which installation has not been completed, net of deferred cost of sales for such equipment, and (ii) the current portion of unearned service contracts for which revenue is recognized over their duration.</font></div></div>
CY2016 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:10px;padding-top:10px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Use of estimates</font></div><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of financial statements in accordance with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported in the Company's Consolidated Financial Statements and accompanying Notes. Management bases its estimates on historical experience and various other assumptions believed to be reasonable. Although these estimates are based on management's best knowledge of current events and actions that may impact the Company in the future, actual results may be different from the estimates. The Company's critical accounting policies are those that affect its financial statements materially and involve difficult, subjective or complex judgments by management. Those policies are revenue recognition, accounts receivable and notes receivable from investment in sales-type leases, inventory valuation, capitalized software development costs, valuation and impairment of goodwill, purchased intangibles and long-lived assets, share-based compensation and accounting for income taxes.</font></div></div>

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