2017 Q1 Form 10-Q Financial Statement

#000087616717000022 Filed on April 07, 2017

View on sec.gov

Income Statement

Concept 2017 Q1 2016 Q1 2015 Q1
Revenue $90.97M $89.48M $81.38M
YoY Change 1.66% 9.95% 9.18%
Cost Of Revenue $15.76M $15.75M $17.63M
YoY Change 0.05% -10.65% 123.68%
Gross Profit $75.21M $73.73M $63.75M
YoY Change 2.01% 15.65% -4.36%
Gross Profit Margin 82.68% 82.4% 78.34%
Selling, General & Admin $36.29M $42.04M $45.07M
YoY Change -13.68% -6.72% 24.37%
% of Gross Profit 48.25% 57.02% 70.69%
Research & Development $17.33M $21.80M $22.82M
YoY Change -20.48% -4.49% 51.0%
% of Gross Profit 23.05% 29.56% 35.8%
Depreciation & Amortization $1.978M $2.230M $2.595M
YoY Change -11.3% -14.07% 7.68%
% of Gross Profit 2.63% 3.02% 4.07%
Operating Expenses $73.99M $67.03M $74.94M
YoY Change 10.39% -10.56% 42.32%
Operating Profit $1.222M $6.705M -$11.19M
YoY Change -81.77% -159.94% -179.89%
Interest Expense $1.082M $1.057M $1.139M
YoY Change 2.37% -7.2% 659.33%
% of Operating Profit 88.54% 15.76%
Other Income/Expense, Net -$1.347M -$1.825M $933.0K
YoY Change -26.19% -295.61% 15450.0%
Pretax Income -$125.0K $4.880M -$10.25M
YoY Change -102.56% -147.6% -173.19%
Income Tax $400.0K $1.664M -$9.282M
% Of Pretax Income 34.1%
Net Earnings -$525.0K $3.216M -$971.0K
YoY Change -116.32% -431.2% -108.75%
Net Earnings / Revenue -0.58% 3.59% -1.19%
Basic Earnings Per Share -$0.01 $0.06 -$0.02
Diluted Earnings Per Share -$0.01 $0.06 -$0.02
COMMON SHARES
Basic Shares Outstanding 48.73M shares 50.81M shares 50.67M shares
Diluted Shares Outstanding 48.73M shares 51.44M shares 50.67M shares

Balance Sheet

Concept 2017 Q1 2016 Q1 2015 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $264.2M $251.5M $211.2M
YoY Change 5.05% 19.08% -14.84%
Cash & Equivalents $117.1M $203.7M $203.7M
Short-Term Investments $37.30M $47.80M $24.10M
Other Short-Term Assets $23.84M $20.58M $16.55M
YoY Change 15.87% 24.31% -44.54%
Inventory
Prepaid Expenses
Receivables $48.91M $58.83M $59.65M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $336.9M $330.9M $312.3M
YoY Change 1.83% 5.95% -10.18%
LONG-TERM ASSETS
Property, Plant & Equipment $48.26M $53.49M $61.99M
YoY Change -9.78% -13.71% 1.84%
Goodwill $278.1M $370.0M $370.6M
YoY Change -24.82% -0.18% 65.32%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $2.325M $3.894M $4.449M
YoY Change -40.29% -12.47% 25.25%
Total Long-Term Assets $404.2M $546.0M $577.3M
YoY Change -25.97% -5.43% 68.43%
TOTAL ASSETS
Total Short-Term Assets $336.9M $330.9M $312.3M
Total Long-Term Assets $404.2M $546.0M $577.3M
Total Assets $741.1M $876.9M $889.6M
YoY Change -15.48% -1.43% 28.85%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $9.491M $11.92M $10.24M
YoY Change -20.36% 16.37% 20.77%
Accrued Expenses $52.70M $42.90M $50.20M
YoY Change 22.84% -14.54% 14.87%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $14.64M $9.375M $7.500M
YoY Change 56.19% 25.0%
Total Short-Term Liabilities $221.2M $203.4M $193.8M
YoY Change 8.73% 4.95% 19.54%
LONG-TERM LIABILITIES
Long-Term Debt $115.6M $131.3M $140.6M
YoY Change -11.9% -6.67%
Other Long-Term Liabilities $5.097M $3.715M $4.330M
YoY Change 37.2% -14.2% 70.27%
Total Long-Term Liabilities $120.7M $135.0M $145.0M
YoY Change -10.55% -6.89% 5600.16%
TOTAL LIABILITIES
Total Short-Term Liabilities $221.2M $203.4M $193.8M
Total Long-Term Liabilities $120.7M $135.0M $145.0M
Total Liabilities $341.9M $338.4M $338.8M
YoY Change 1.04% -0.12% 105.72%
SHAREHOLDERS EQUITY
Retained Earnings $173.7M $316.1M $342.1M
YoY Change -45.05% -7.62%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $386.2M $522.6M $538.1M
YoY Change
Total Liabilities & Shareholders Equity $741.1M $876.9M $889.6M
YoY Change -15.48% -1.43% 28.85%

Cashflow Statement

Concept 2017 Q1 2016 Q1 2015 Q1
OPERATING ACTIVITIES
Net Income -$525.0K $3.216M -$971.0K
YoY Change -116.32% -431.2% -108.75%
Depreciation, Depletion And Amortization $1.978M $2.230M $2.595M
YoY Change -11.3% -14.07% 7.68%
Cash From Operating Activities $37.30M $22.50M $37.14M
YoY Change 65.76% -39.41% 46.08%
INVESTING ACTIVITIES
Capital Expenditures $383.0K $1.414M $2.335M
YoY Change -72.91% -39.44% -59.01%
Acquisitions $0.00 $246.3M
YoY Change -100.0%
Other Investing Activities $5.300M -$19.10M $0.00
YoY Change -127.75% -100.0%
Cash From Investing Activities $4.918M -$20.49M -$248.5M
YoY Change -124.01% -91.76% -66555.08%
FINANCING ACTIVITIES
Cash Dividend Paid $6.072M $0.00
YoY Change
Common Stock Issuance & Retirement, Net $15.19M $9.041M $7.827M
YoY Change 68.01% 15.51% -20.04%
Debt Paid & Issued, Net $3.750M $3.750M $1.875M
YoY Change 0.0% 100.0%
Cash From Financing Activities -$23.37M -$9.467M $142.1M
YoY Change 146.8% -106.66% -2570.58%
NET CHANGE
Cash From Operating Activities $37.30M $22.50M $37.14M
Cash From Investing Activities $4.918M -$20.49M -$248.5M
Cash From Financing Activities -$23.37M -$9.467M $142.1M
Net Change In Cash $18.85M -$7.452M -$69.29M
YoY Change -352.99% -89.25% -445.67%
FREE CASH FLOW
Cash From Operating Activities $37.30M $22.50M $37.14M
Capital Expenditures $383.0K $1.414M $2.335M
Free Cash Flow $36.92M $21.09M $34.81M
YoY Change 75.06% -39.41% 76.43%

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8985000 USD
CY2016Q1 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
4462000 USD
CY2017Q1 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
2278000 USD
CY2016Q1 us-gaap Interest Expense
InterestExpense
1057000 USD
CY2017Q1 us-gaap Interest Expense
InterestExpense
1082000 USD
CY2016Q1 us-gaap Interest Paid
InterestPaid
765000 USD
CY2017Q1 us-gaap Interest Paid
InterestPaid
844000 USD
CY2016Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
754827000 USD
CY2017Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
741131000 USD
CY2016Q4 us-gaap Liabilities Current
LiabilitiesCurrent
203738000 USD
CY2017Q1 us-gaap Liabilities Current
LiabilitiesCurrent
221169000 USD
CY2016Q1 us-gaap License Costs
LicenseCosts
1482000 USD
CY2017Q1 us-gaap License Costs
LicenseCosts
1588000 USD
CY2016Q1 us-gaap Licenses Revenue
LicensesRevenue
23955000 USD
CY2017Q1 us-gaap Licenses Revenue
LicensesRevenue
24322000 USD
CY2017Q1 us-gaap Long Term Debt
LongTermDebt
131250000 USD
CY2016Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
15000000 USD
CY2017Q1 us-gaap Long Term Debt Current
LongTermDebtCurrent
14643000 USD
CY2017Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
88125000 USD
CY2017Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
16875000 USD
CY2017Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
15000000 USD
CY2017Q1 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
11250000 USD
CY2016Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
120000000 USD
CY2017Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
115625000 USD
CY2016Q1 us-gaap Maintenance Revenue
MaintenanceRevenue
58336000 USD
CY2017Q1 us-gaap Maintenance Revenue
MaintenanceRevenue
59138000 USD
CY2016Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-9467000 USD
CY2017Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-23365000 USD
CY2016Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-20487000 USD
CY2017Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
4918000 USD
CY2016Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
22502000 USD
CY2017Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
37300000 USD
CY2016Q1 us-gaap Net Income Loss
NetIncomeLoss
3216000 USD
CY2017Q1 us-gaap Net Income Loss
NetIncomeLoss
-525000 USD
CY2016Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-1825000 USD
CY2017Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-1347000 USD
CY2017Q1 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 segment
CY2016Q1 us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
29776000 USD
CY2017Q1 us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
27675000 USD
CY2016Q1 us-gaap Operating Expenses
OperatingExpenses
67026000 USD
CY2017Q1 us-gaap Operating Expenses
OperatingExpenses
73990000 USD
CY2016Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
6705000 USD
CY2017Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
1222000 USD
CY2016Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
12999000 USD
CY2017Q1 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
32890000 USD
CY2016Q4 us-gaap Other Assets Current
OtherAssetsCurrent
20621000 USD
CY2017Q1 us-gaap Other Assets Current
OtherAssetsCurrent
23841000 USD
CY2016Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
3174000 USD
CY2017Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
2325000 USD
CY2016Q1 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-1091000 USD
CY2017Q1 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
1228000 USD
CY2016Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-1051000 USD
CY2017Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
1299000 USD
CY2016Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
40000 USD
CY2017Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
71000 USD
CY2016Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
23000 USD
CY2017Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
40000 USD
CY2016Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
11758000 USD
CY2017Q1 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
5097000 USD
CY2016Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
162000 USD
CY2017Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
221000 USD
CY2016Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
9041000 USD
CY2017Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
15190000 USD
CY2017Q1 us-gaap Payments For Restructuring
PaymentsForRestructuring
6063000 USD
CY2016Q1 us-gaap Payments Of Dividends
PaymentsOfDividends
0 USD
CY2017Q1 us-gaap Payments Of Dividends
PaymentsOfDividends
6072000 USD
CY2016Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
409000 USD
CY2017Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
1306000 USD
CY2016Q1 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
22258000 USD
CY2017Q1 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
854000 USD
CY2016Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1414000 USD
CY2017Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
383000 USD
CY2016Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2017Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2016Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
1000000 shares
CY2017Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
1000000 shares
CY2016Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2017Q1 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2016Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2017Q1 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2016Q1 us-gaap Proceeds From Income Tax Refunds
ProceedsFromIncomeTaxRefunds
442000 USD
CY2017Q1 us-gaap Proceeds From Income Tax Refunds
ProceedsFromIncomeTaxRefunds
2121000 USD
CY2016Q1 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
3670000 USD
CY2017Q1 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
2770000 USD
CY2016Q1 us-gaap Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
3185000 USD
CY2017Q1 us-gaap Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
6155000 USD
CY2016Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
50105000 USD
CY2017Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
48258000 USD
CY2016Q1 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
-136000 USD
CY2017Q1 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
40000 USD
CY2016Q1 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
3750000 USD
CY2017Q1 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
3750000 USD
CY2016Q1 us-gaap Research And Development Expense Software Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseSoftwareExcludingAcquiredInProcessCost
21797000 USD
CY2017Q1 us-gaap Research And Development Expense Software Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseSoftwareExcludingAcquiredInProcessCost
17334000 USD
CY2016Q1 us-gaap Restructuring Charges
RestructuringCharges
-66000 USD
CY2017Q1 us-gaap Restructuring Charges
RestructuringCharges
17139000 USD
CY2016Q4 us-gaap Restructuring Reserve
RestructuringReserve
1550000 USD
CY2017Q1 us-gaap Restructuring Reserve
RestructuringReserve
12136000 USD
CY2017Q1 us-gaap Restructuring Reserve Translation Adjustment
RestructuringReserveTranslationAdjustment
-33000 USD
CY2016Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
195694000 USD
CY2017Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
173689000 USD
CY2016Q1 us-gaap Revenues
Revenues
89481000 USD
CY2017Q1 us-gaap Revenues
Revenues
90970000 USD
CY2016Q1 us-gaap Sales Revenue Net
SalesRevenueNet
89481000 USD
CY2017Q1 us-gaap Sales Revenue Net
SalesRevenueNet
90970000 USD
CY2016Q1 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
65526000 USD
CY2017Q1 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
66648000 USD
CY2016Q1 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
29658000 USD
CY2017Q1 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
25721000 USD
CY2016Q1 us-gaap Share Based Compensation
ShareBasedCompensation
6937000 USD
CY2017Q1 us-gaap Share Based Compensation
ShareBasedCompensation
1630000 USD
CY2016Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Total Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue
4368000 USD
CY2017Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Total Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue
9393000 USD
CY2016Q4 us-gaap Short Term Investments
ShortTermInvestments
42718000 USD
CY2017Q1 us-gaap Short Term Investments
ShortTermInvestments
37285000 USD
CY2016Q1 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
100000000.0 USD
CY2017Q1 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
117300000 USD
CY2016Q1 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
214500000.0 USD
CY2016Q1 us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
500000 shares
CY2017Q1 us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
600000 shares
CY2016Q1 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
11700000 USD
CY2017Q1 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
18100000 USD
CY2016Q4 us-gaap Stockholders Equity
StockholdersEquity
406629000 USD
CY2017Q1 us-gaap Stockholders Equity
StockholdersEquity
386186000 USD
CY2016Q1 us-gaap Technology Services Revenue
TechnologyServicesRevenue
7190000 USD
CY2017Q1 us-gaap Technology Services Revenue
TechnologyServicesRevenue
7510000 USD
CY2016Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
630000 shares
CY2017Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
CY2016Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
51440000 shares
CY2017Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
48733000 shares
CY2016Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
50810000 shares
CY2017Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
48733000 shares

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