$PMDI
PSYCHEMEDICS CORP

2018 Q3 Form 10-Q Financial Statement

#000117184318007223 Filed on October 25, 2018

View on sec.gov

Income Statement

Concept 2018 Q3 2017 Q3
Revenue $11.02M $10.05M
YoY Change 9.62% -15.19%
Cost Of Revenue $5.658M $4.928M
YoY Change 14.81% 3.87%
Gross Profit $5.358M $5.121M
YoY Change 4.63% -27.92%
Gross Profit Margin 48.64% 50.96%
Selling, General & Admin $2.866M $2.536M
YoY Change 13.01% -4.41%
% of Gross Profit 53.49% 49.52%
Research & Development $372.0K $353.0K
YoY Change 5.38% 1.45%
% of Gross Profit 6.94% 6.89%
Depreciation & Amortization $770.0K $710.0K
YoY Change 8.45% 26.79%
% of Gross Profit 14.37% 13.86%
Operating Expenses $3.238M $2.889M
YoY Change 12.08% -3.73%
Operating Profit $2.120M $2.232M
YoY Change -5.02% -45.61%
Interest Expense $27.00K $10.00K
YoY Change 170.0% -133.33%
% of Operating Profit 1.27% 0.45%
Other Income/Expense, Net -$9.000K $13.00K
YoY Change -169.23%
Pretax Income $2.111M $2.245M
YoY Change -5.97% -44.84%
Income Tax $836.0K $881.0K
% Of Pretax Income 39.6% 39.24%
Net Earnings $1.275M $1.364M
YoY Change -6.52% -49.63%
Net Earnings / Revenue 11.57% 13.57%
Basic Earnings Per Share $0.23 $0.25
Diluted Earnings Per Share $0.23 $0.25
COMMON SHARES
Basic Shares Outstanding 5.507M 5.491M
Diluted Shares Outstanding 5.555M 5.564M

Balance Sheet

Concept 2018 Q3 2017 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $6.020M $5.600M
YoY Change 7.5% 36.25%
Cash & Equivalents $6.016M $5.604M
Short-Term Investments
Other Short-Term Assets $1.360M $1.350M
YoY Change 0.74% -25.41%
Inventory
Prepaid Expenses
Receivables $8.067M $5.420M
Other Receivables $0.00 $0.00
Total Short-Term Assets $15.44M $12.38M
YoY Change 24.77% 1.53%
LONG-TERM ASSETS
Property, Plant & Equipment $10.64M $12.26M
YoY Change -13.17% -5.17%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $900.0K $818.0K
YoY Change 10.02% 0.25%
Total Long-Term Assets $11.54M $13.08M
YoY Change -11.72% -4.82%
TOTAL ASSETS
Total Short-Term Assets $15.44M $12.38M
Total Long-Term Assets $11.54M $13.08M
Total Assets $26.99M $25.45M
YoY Change 6.03% -1.84%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $813.0K $1.103M
YoY Change -26.29% -3.6%
Accrued Expenses $3.908M $2.905M
YoY Change 34.53% 82.98%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $941.0K $542.0K
YoY Change 73.62% -68.88%
Total Short-Term Liabilities $5.662M $4.550M
YoY Change 24.44% -17.24%
LONG-TERM LIABILITIES
Long-Term Debt $1.719M $928.0K
YoY Change 85.24% -73.37%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $1.719M $928.0K
YoY Change 85.24% -73.37%
TOTAL LIABILITIES
Total Short-Term Liabilities $5.662M $4.550M
Total Long-Term Liabilities $1.719M $928.0K
Total Liabilities $8.472M $8.220M
YoY Change 3.07% -31.65%
SHAREHOLDERS EQUITY
Retained Earnings -$1.216M
YoY Change
Common Stock $31.40M $30.92M
YoY Change 1.55% 1.46%
Preferred Stock
YoY Change
Treasury Stock (at cost) $10.08M $10.08M
YoY Change 0.0% 0.0%
Treasury Stock Shares $668.0K 668.0K shares
Shareholders Equity $18.51M $17.23M
YoY Change
Total Liabilities & Shareholders Equity $26.99M $25.45M
YoY Change 6.03% -1.84%

Cashflow Statement

Concept 2018 Q3 2017 Q3
OPERATING ACTIVITIES
Net Income $1.275M $1.364M
YoY Change -6.52% -49.63%
Depreciation, Depletion And Amortization $770.0K $710.0K
YoY Change 8.45% 26.79%
Cash From Operating Activities $410.0K $3.690M
YoY Change -88.89% 1.65%
INVESTING ACTIVITIES
Capital Expenditures -$610.0K -$180.0K
YoY Change 238.89% -66.04%
Acquisitions
YoY Change
Other Investing Activities $0.00 -$30.00K
YoY Change -100.0% 200.0%
Cash From Investing Activities -$600.0K -$210.0K
YoY Change 185.71% -61.82%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -1.240M -930.0K
YoY Change 33.33% -25.6%
NET CHANGE
Cash From Operating Activities 410.0K 3.690M
Cash From Investing Activities -600.0K -210.0K
Cash From Financing Activities -1.240M -930.0K
Net Change In Cash -1.430M 2.550M
YoY Change -156.08% 39.34%
FREE CASH FLOW
Cash From Operating Activities $410.0K $3.690M
Capital Expenditures -$610.0K -$180.0K
Free Cash Flow $1.020M $3.870M
YoY Change -73.64% -6.97%

Facts In Submission

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<div style="display: inline; font-family: times new roman; font-size: 10pt"><table cellpadding="0" cellspacing="0" style="; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; min-width: 700px;"> <tr style="vertical-align: top; text-align: justify"> <td style="width: 0.25in"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">12.</div></div></td> <td style="text-align: justify"><div style="display: inline; font-weight: bold;">Accounting Pronouncements Issued But <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">Not</div> Yet Effective</div></td> </tr> </table> <div style=" font-size: 10pt; margin: 0pt 0">&nbsp;</div> <div style=" font-size: 10pt; text-align: justify; text-indent: 0.25in; margin: 0pt 0">In <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> February 2016, </div>the FASB issued ASU <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2016</div>-<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">02,</div> &#x201c;Leases&#x201d;, which introduces the recognition of lease assets and lease liabilities by lessees for those leases classified as operating leases under previous guidance. The new standard establishes a right-of-use ("ROU") model that requires a lessee to record an ROU asset and a lease liability on the balance sheet for all leases with terms longer than <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">12</div> months. The new standard will become effective for fiscal years beginning after <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> December 15, 2018 </div>and interim periods within those fiscal years, with early adoption permitted. The Company is currently evaluating the impacts the adoption of this accounting guidance will have on its consolidated financial statements.</div> <div style=" font-size: 10pt; text-align: justify; text-indent: 0.25in; margin: 0pt 0">&nbsp;</div> <div style=" font-size: 10pt; text-align: justify; text-indent: 0.25in; margin: 0pt 0">In <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> February 2018, </div>the FASB issued ASU <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2018</div>-<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">02,</div>&nbsp;&#x201c;Income Statement &#x2013; Reporting Comprehensive Income&#x201d; (Topic <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">220</div>) Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income, which will allow a reclassification from accumulated other comprehensive income to retained earnings for the tax effects resulting from the Tax Cuts and Jobs Act (Tax Reform Act) that are stranded in accumulated other comprehensive income. This standard also requires certain disclosures about stranded tax effects. ASU <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2018</div>-<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">02,</div> however, does <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">not</div> change the underlying guidance that requires that the effect of a change in tax laws or rates be included in income from continuing operations. ASU <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2018</div>-<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">02</div> will be effective for the Company&#x2019;s fiscal year <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2020,</div> with the option to early adopt prior to the effective date. It must be applied either in the period of adoption or retrospectively to each period in which the effect of the change in the U.S. federal corporate income tax rate in the Tax Reform Act is recognized. The Company is currently evaluating the impacts the adoption of this accounting guidance will have on its consolidated financial statements.</div> <div style=" font-size: 10pt; text-align: justify; text-indent: 0.25in; margin: 0pt 0">&nbsp;</div> <div style=" font-size: 10pt; text-align: justify; text-indent: 0.25in; margin: 0pt 0"></div> <div style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"></div> <div style=" font-size: 10pt; text-align: justify; text-indent: 0.25in; margin: 0pt 0">In <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> August 2018, </div>the FASB issued ASU <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2018</div>-<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">15,</div> &#x201c;Intangibles&#x2014;Goodwill and Other&#x2014;Internal-Use Software: Customer&#x2019;s Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement That Is a Service Contract&#x201d;. The FASB issued ASU <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2018</div>-<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">15</div> to align the requirements for capitalizing implementation costs in a cloud computing arrangement service contract with the requirements for capitalizing implementation costs incurred for an internal-use software license. ASU <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2018</div>-<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">15</div> will be effective for the Company&#x2019;s fiscal year <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2020,</div> with the option to early adopt prior to the effective date. The Company is currently evaluating the impact that this updated standard will have on its consolidated financial statements.</div> <div style=" font-size: 10pt; text-align: justify; text-indent: 0.25in; margin: 0pt 0"></div> <div style=" font-size: 10pt; text-align: justify; text-indent: 0.25in; margin: 0pt 0">&nbsp;</div><div style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"></div> <div style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"></div> <div style=" font-size: 10pt; text-align: justify; text-indent: 0.25in; margin: 0pt 0">In <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> August 2018, </div>the SEC issued Release <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">No.</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">33</div>-<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">10532</div> that amends and clarifies certain financial reporting requirements. The principal change to our financial reporting will be the inclusion of the annual disclosure requirement of changes in stockholders&#x2019; equity in Rule <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">3</div>-<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">04</div> of Regulation S-<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">X</div> to interim periods. We will adopt this new rule beginning with our financial reporting for the quarter ended <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> March 31, 2019. </div>Upon adoption, we will include our Consolidated Statements of Stockholders&#x2019; Equity with each quarterly filing on Form <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">10</div>-Q.</div></div>
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LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
446000
CY2018Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
702000
CY2018Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
891000
CY2018Q3 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
240000
CY2018Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
1719000
CY2017Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
2420000
CY2018Q3 us-gaap Long Term Debt Weighted Average Interest Rate Over Time
LongTermDebtWeightedAverageInterestRateOverTime
0.039
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
411000
us-gaap Payments To Develop Software
PaymentsToDevelopSoftware
268000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
7117000
us-gaap Net Income Loss
NetIncomeLoss
3703000
us-gaap Net Income Loss
NetIncomeLoss
3771000
CY2018Q3 us-gaap Net Income Loss
NetIncomeLoss
1275000
CY2017Q3 us-gaap Net Income Loss
NetIncomeLoss
1364000
us-gaap Noncash Or Part Noncash Acquisition Fixed Assets Acquired1
NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1
65000
us-gaap Noncash Or Part Noncash Acquisition Fixed Assets Acquired1
NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1
41000
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1
CY2018Q3 us-gaap Operating Expenses
OperatingExpenses
3238000
CY2017Q3 us-gaap Operating Expenses
OperatingExpenses
2889000
us-gaap Operating Expenses
OperatingExpenses
9803000
us-gaap Operating Expenses
OperatingExpenses
8835000
CY2018Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
2120000
CY2017Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
2232000
us-gaap Operating Income Loss
OperatingIncomeLoss
6082000
us-gaap Operating Income Loss
OperatingIncomeLoss
6211000
CY2018Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
900000
CY2017Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
832000
CY2018Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-180000
CY2017Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
108000
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-1346000
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
37000
CY2018Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-9000
CY2017Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
13000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
47000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-22000
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
96000
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
26000
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
2806000
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
2464000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
775000
us-gaap Payments To Develop Software
PaymentsToDevelopSoftware
509000
CY2018Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.005
CY2017Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.005
CY2018Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
873000
CY2017Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
873000
CY2018Q3 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2017Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2018Q3 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0
CY2017Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0
CY2018Q3 us-gaap Preferred Stock Value
PreferredStockValue
CY2017Q4 us-gaap Preferred Stock Value
PreferredStockValue
CY2018Q3 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
1359000
CY2017Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
1212000
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
-93000
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
-165000
CY2018Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
10644000
CY2017Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
11811000
CY2018Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
372000
CY2017Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
353000
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
1089000
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
1005000
CY2018Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-1216000
CY2017Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-2113000
CY2018Q3 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
11016000
CY2017Q3 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
10049000
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
32738000
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
29942000
CY2018Q3 us-gaap Revenues
Revenues
11016000
CY2017Q3 us-gaap Revenues
Revenues
10049000
us-gaap Revenues
Revenues
32738000
us-gaap Revenues
Revenues
29942000
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
52000
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
64000
CY2018Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
5555000
CY2017Q4 us-gaap Treasury Stock Value
TreasuryStockValue
10082000
CY2018Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
48000
CY2017Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
73000
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
3807000
CY2018Q3 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
1267000
CY2017Q3 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
1065000
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
3552000
us-gaap Share Based Compensation
ShareBasedCompensation
436000
us-gaap Share Based Compensation
ShareBasedCompensation
446000
CY2018Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
77000
CY2018Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
143000
CY2018Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
14.51
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
119000
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
1436000
CY2018Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
956000
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
279000
CY2018Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
398000
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
15.40
CY2018Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
17.09
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
21.01
CY2018Q3 us-gaap Share Price
SharePrice
18.81
CY2018Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
616000
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P7Y292D
CY2017 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P8Y255D
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P8Y146D
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
CY2018Q3 us-gaap Stockholders Equity
StockholdersEquity
18514000
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
18620000
CY2018Q3 us-gaap Treasury Stock Shares
TreasuryStockShares
668000
CY2017Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
668000
CY2018Q3 us-gaap Treasury Stock Value
TreasuryStockValue
10082000
CY2017Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
5564000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
5552000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
5540000
CY2018Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
5507000
CY2017Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
5491000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
5500000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
5476000

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