2019 Form 10-K Financial Statement

#000129594719000015 Filed on May 13, 2019

View on sec.gov

Income Statement

Concept 2019 2018 Q1 2017 Q4
Revenue $975.8M $256.0M $270.6M
YoY Change -6.28% 6.36% 24.84%
Cost Of Revenue $420.2M $114.7M $122.9M
YoY Change -9.57% 3.82% 33.32%
Gross Profit $555.6M $141.3M $147.7M
YoY Change -3.63% 8.51% 18.57%
Gross Profit Margin 56.94% 55.19% 54.57%
Selling, General & Admin $227.8M $57.50M $56.70M
YoY Change -0.96% -18.09% 7.39%
% of Gross Profit 41.0% 40.71% 38.4%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $31.78M $8.000M $8.400M
YoY Change -4.93% 12.68% 546.15%
% of Gross Profit 5.72% 5.66% 5.69%
Operating Expenses $488.1M $164.4M $63.78M
YoY Change 35.19% 113.09% 15.43%
Operating Profit $67.50M -$23.10M $83.89M
YoY Change -68.67% -143.53% 21.08%
Interest Expense -$105.1M -$26.80M -$25.90M
YoY Change -0.76% -18.29% 39.25%
% of Operating Profit -155.7% -30.87%
Other Income/Expense, Net -$476.0K $273.0K -$387.0K
YoY Change -221.43%
Pretax Income -$38.06M -$52.56M $57.64M
YoY Change -135.54% -379.56% 13.61%
Income Tax -$2.255M -$12.88M -$257.2M
% Of Pretax Income -446.15%
Net Earnings -$35.80M -$39.69M $314.8M
YoY Change -110.54% -457.86% 894.89%
Net Earnings / Revenue -3.67% -15.5% 116.33%
Basic Earnings Per Share -$0.69 -$0.75 $5.93
Diluted Earnings Per Share -$0.69 -$0.75 $5.88
COMMON SHARES
Basic Shares Outstanding 52.07M shares 53.13M shares 53.13M shares
Diluted Shares Outstanding 52.07M shares 53.13M shares 53.54M shares

Balance Sheet

Concept 2019 2018 Q1 2017 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $27.50M $32.50M $45.40M
YoY Change -15.38% -22.43% -28.28%
Cash & Equivalents $27.50M $32.55M $45.38M
Short-Term Investments
Other Short-Term Assets $4.700M $11.50M $21.40M
YoY Change -59.13% -71.39% -5.31%
Inventory $119.9M $118.5M $114.9M
Prepaid Expenses
Receivables $148.1M $140.9M $150.4M
Other Receivables $700.0K $800.0K $0.00
Total Short-Term Assets $300.9M $303.5M $332.1M
YoY Change -0.86% -9.26% 14.05%
LONG-TERM ASSETS
Property, Plant & Equipment $51.20M $52.55M $51.06M
YoY Change -2.66% 3.87% 296.88%
Goodwill $620.1M $620.3M
YoY Change 0.79% 79.55%
Intangibles $2.781B $2.888B
YoY Change -4.23% 33.93%
Long-Term Investments
YoY Change
Other Assets $3.100M $3.569M $6.405M
YoY Change -13.89% -52.12% 30.34%
Total Long-Term Assets $3.140B $3.457B $3.566B
YoY Change -9.17% -3.35% 41.52%
TOTAL ASSETS
Total Short-Term Assets $300.9M $303.5M $332.1M
Total Long-Term Assets $3.140B $3.457B $3.566B
Total Assets $3.441B $3.761B $3.898B
YoY Change -8.5% -3.85% 38.67%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $56.60M $61.39M $59.35M
YoY Change -7.82% -12.57% 31.15%
Accrued Expenses $70.30M $59.90M $68.10M
YoY Change 17.36% -13.19% 1.04%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $127.0M $123.2M $151.5M
YoY Change 3.08% -23.96% 14.49%
LONG-TERM LIABILITIES
Long-Term Debt $1.799B $1.993B $2.053B
YoY Change -9.75% -9.15% 45.05%
Other Long-Term Liabilities $20.10M $23.33M $21.56M
YoY Change -13.73% 29.83% 550.94%
Total Long-Term Liabilities $1.819B $2.016B $2.075B
YoY Change -9.8% -8.84% 46.23%
TOTAL LIABILITIES
Total Short-Term Liabilities $127.0M $123.2M $151.5M
Total Long-Term Liabilities $1.819B $2.016B $2.075B
Total Liabilities $2.345B $2.582B $2.680B
YoY Change -9.17% -16.41% 33.29%
SHAREHOLDERS EQUITY
Retained Earnings $736.3M $776.0M
YoY Change 85.6% 101.23%
Common Stock $534.0K $534.0K
YoY Change 0.19% 0.38%
Preferred Stock
YoY Change
Treasury Stock (at cost) $7.669M $7.669M
YoY Change 16.3% 16.3%
Treasury Stock Shares 353.0K shares 353.0K shares
Shareholders Equity $1.096B $1.179B $1.217B
YoY Change
Total Liabilities & Shareholders Equity $3.441B $3.761B $3.898B
YoY Change -8.5% -3.85% 38.67%

Cashflow Statement

Concept 2019 2018 Q1 2017 Q4
OPERATING ACTIVITIES
Net Income -$35.80M -$39.69M $314.8M
YoY Change -110.54% -457.86% 894.89%
Depreciation, Depletion And Amortization $31.78M $8.000M $8.400M
YoY Change -4.93% 12.68% 546.15%
Cash From Operating Activities $189.3M $54.40M $47.20M
YoY Change -9.91% 615.79% 18.0%
INVESTING ACTIVITIES
Capital Expenditures $10.48M -$2.800M -$4.900M
YoY Change -16.37% 154.55% 880.0%
Acquisitions
YoY Change
Other Investing Activities $65.90M $0.00 $0.00
YoY Change 6490.0% -100.0% -100.0%
Cash From Investing Activities $55.43M -$2.900M -$4.900M
YoY Change -579.43% -99.64% -108.26%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $49.98M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$249.3M -64.40M -40.00M
YoY Change 19.32% -108.32% -38.46%
NET CHANGE
Cash From Operating Activities $189.3M 54.40M 47.20M
Cash From Investing Activities $55.43M -2.900M -4.900M
Cash From Financing Activities -$249.3M -64.40M -40.00M
Net Change In Cash -$5.018M -12.90M 2.300M
YoY Change -46.08% -43.42% -93.29%
FREE CASH FLOW
Cash From Operating Activities $189.3M $54.40M $47.20M
Capital Expenditures $10.48M -$2.800M -$4.900M
Free Cash Flow $178.8M $57.20M $52.10M
YoY Change -9.5% 557.47% 28.64%

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CY2019 us-gaap Asset Impairment Charges
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14402000 USD
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CY2019 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Rate Of Compensation Increase
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CY2018 us-gaap Defined Benefit Plan Expected Return On Plan Assets
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CY2019 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
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1
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CY2018 us-gaap Defined Contribution Plan Cost Recognized
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CY2019 us-gaap Defined Contribution Plan Cost Recognized
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1500000 USD
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CY2019 us-gaap Depreciation
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CY2018 us-gaap Depreciation Depletion And Amortization
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CY2019 us-gaap Depreciation Depletion And Amortization
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CY2017 us-gaap Disposal Group Not Discontinued Operation Gain Loss On Disposal
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CY2018 us-gaap Disposal Group Not Discontinued Operation Gain Loss On Disposal
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1284000 USD
CY2018Q4 us-gaap Disposal Group Not Discontinued Operation Gain Loss On Disposal
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0 USD
CY2019 us-gaap Disposal Group Not Discontinued Operation Gain Loss On Disposal
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1284000 USD
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CY2018 us-gaap Earnings Per Share Basic
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CY2019 us-gaap Earnings Per Share Basic
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CY2018 us-gaap Earnings Per Share Diluted
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0.73
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CY2019 us-gaap Earnings Per Share Diluted
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CY2017 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2018 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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1100000 USD
CY2019 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2017 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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CY2018 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.35
CY2019 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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CY2017 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
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0.000
CY2018 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
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CY2019 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
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P11Y10M24D
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0 USD
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435000 USD
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5500000 USD
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157000 USD
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203000 USD
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388000 USD
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217000 USD
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2000000 USD
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1900000 USD
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2400000 USD
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2345205000 USD
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MarketingAndAdvertisingExpense
35835000 USD
CY2018Q1 us-gaap Marketing And Advertising Expense
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CY2018 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
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37111000 USD
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MarketingAndAdvertisingExpense
34504000 USD
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CY2019 us-gaap Marketing And Advertising Expense
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210110000 USD
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OperatingIncomeLoss
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252000 USD
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0 USD
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0 USD
CY2018Q1 us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
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0 USD
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0 USD
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CY2019 us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
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164000 USD
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0 USD
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CY2019 us-gaap Payments To Acquire Property Plant And Equipment
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10480000 USD
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0 USD
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0.01
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CY2019Q1 us-gaap Preferred Stock Shares Authorized
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0 shares
CY2019Q1 us-gaap Preferred Stock Shares Issued
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0 shares
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0 shares
CY2019Q1 us-gaap Preferred Stock Shares Outstanding
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0 shares
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0 USD
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0 USD
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0 USD
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970000 USD
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0 USD
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CY2019 us-gaap Proceeds From Sale Of Property Plant And Equipment
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4028000 USD
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4000000 USD
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1620000 USD
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1600000 USD
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2931000 USD
CY2019 us-gaap Proceeds From Stock Options Exercised
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2900000 USD
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105000000 USD
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CY2019 us-gaap Revenues
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38.45
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31.75
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256573000 USD
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29.08
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270615000 USD
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CY2018 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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CY2018Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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CY2018Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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45000000 USD
CY2019 us-gaap Repayments Of Lines Of Credit
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45000000 USD
CY2017 us-gaap Repayments Of Notes Payable
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862500000 USD
CY2018 us-gaap Repayments Of Notes Payable
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444000000 USD
CY2019 us-gaap Repayments Of Notes Payable
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200000000 USD
CY2018Q1 us-gaap Retained Earnings Accumulated Deficit
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701820000 USD
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882060000 USD
CY2019Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
1800000 shares
CY2019Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
499400 shares
CY2019Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
37.87
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
3200000 USD
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
1200000 USD
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
800000 USD
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
92900 shares
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
26200 shares
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
125400 shares
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
42.66
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
48.19
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
47.16
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
264300 shares
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
182800 shares
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
294500 shares
CY2019Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
2048000 USD
CY2016Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
727700 shares
CY2017Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
772300 shares
CY2018Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
873200 shares
CY2019Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
944600 shares
CY2016Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
30.70
CY2017Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
37.70
CY2018Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
41.79
CY2019 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
30.02
CY2017 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
55.86
CY2018 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
56.11
CY2019 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
29.46
CY2019Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
1921000 USD
CY2019 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P5Y6M
CY2019 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P7Y
CY2017 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
126800 shares
CY2018 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
55700 shares
CY2019 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
97700 shares
CY2017 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
8148000 USD
CY2018 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
8909000 USD
CY2019 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
7438000 USD
CY2017 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
4028000 USD
CY2018 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
1620000 USD
CY2019 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
2931000 USD
CY2016Q1 us-gaap Stockholders Equity
StockholdersEquity
744336000 USD
CY2017Q1 us-gaap Stockholders Equity
StockholdersEquity
822549000 USD
CY2018Q1 us-gaap Stockholders Equity
StockholdersEquity
1178610000 USD
CY2019Q1 us-gaap Stockholders Equity
StockholdersEquity
1095831000 USD
CY2019 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
34.47
CY2018Q1 us-gaap Treasury Stock Shares
TreasuryStockShares
353000 shares
CY2019Q1 us-gaap Treasury Stock Shares
TreasuryStockShares
1871000 shares
CY2019 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
1449750 shares
CY2018Q1 us-gaap Treasury Stock Value
TreasuryStockValue
7669000 USD
CY2019Q1 us-gaap Treasury Stock Value
TreasuryStockValue
59928000 USD
CY2017 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
1431000 USD
CY2018 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
1075000 USD
CY2019 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
52259000 USD
CY2019 us-gaap Treasury Stock Value Acquired Par Value Method
TreasuryStockValueAcquiredParValueMethod
50000000 USD
CY2016Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
4084000 USD
CY2017Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
3651000 USD
CY2018Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
10827000 USD
CY2019Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
9874000 USD
CY2017 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
583000 USD
CY2018 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
7286000 USD
CY2019 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
585000 USD
CY2017 us-gaap Unrecognized Tax Benefits Increases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsIncreasesResultingFromSettlementsWithTaxingAuthorities
0 USD
CY2018 us-gaap Unrecognized Tax Benefits Increases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsIncreasesResultingFromSettlementsWithTaxingAuthorities
0 USD
CY2019 us-gaap Unrecognized Tax Benefits Increases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsIncreasesResultingFromSettlementsWithTaxingAuthorities
888000 USD
CY2017 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
1016000 USD
CY2018 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
110000 USD
CY2019 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
650000 USD
CY2017 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
53362000 shares
CY2017Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
53509000 shares
CY2017Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
53539000 shares
CY2017Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
53543000 shares
CY2018Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
53131000 shares
CY2018 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
53526000 shares
CY2018Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
52942000 shares
CY2018Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
52153000 shares
CY2018Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
52202000 shares
CY2019Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
51912000 shares
CY2019 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
52068000 shares
CY2017 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
52976000 shares
CY2017Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
53038000 shares
CY2017Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
53098000 shares
CY2017Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
53129000 shares
CY2018Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
53131000 shares
CY2018 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
53099000 shares
CY2018Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
52640000 shares
CY2018Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
51841000 shares
CY2018Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
51881000 shares
CY2019Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
51912000 shares
CY2019 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
52068000 shares
CY2019 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Use of Estimates</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements, as well as the reported amounts of revenues and expenses during the reporting period.&#160;&#160;Although these estimates are based on our knowledge of current events and actions that we may undertake in the future, actual results could differ from those estimates.&#160;&#160;As discussed below, our most significant estimates include those made in connection with the valuation of intangible assets, stock-based compensation, fair value of debt, sales returns and allowances, trade promotional allowances, inventory obsolescence, and accounting for income taxes and related uncertain tax positions.</font></div></div>

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