2019 Q2 Form 10-Q Financial Statement

#000087616719000102 Filed on July 09, 2019

View on sec.gov

Income Statement

Concept 2019 Q2 2018 Q2 2018 Q1
Revenue $100.0M $96.10M $94.05M
YoY Change 4.05% 3.1% 3.38%
Cost Of Revenue $17.61M $16.64M $16.90M
YoY Change 5.82% -4.17% 7.27%
Gross Profit $82.38M $76.22M $78.51M
YoY Change 8.09% 0.49% 4.38%
Gross Profit Margin 82.39% 79.31% 83.48%
Selling, General & Admin $37.49M $33.85M $32.69M
YoY Change 10.75% 3.06% -9.92%
% of Gross Profit 45.5% 44.41% 41.64%
Research & Development $21.69M $19.82M $20.25M
YoY Change 9.41% 5.49% 16.79%
% of Gross Profit 26.33% 26.01% 25.79%
Depreciation & Amortization $12.80M $11.30M $1.682M
YoY Change 13.27% 7.62% -14.96%
% of Gross Profit 15.54% 14.83% 2.14%
Operating Expenses $67.64M $57.67M $59.38M
YoY Change 17.29% 3.8% -19.75%
Operating Profit $14.74M $18.55M $19.13M
YoY Change -20.53% -8.55% 1465.55%
Interest Expense $2.210M $1.272M $1.165M
YoY Change 73.74% 10.42% 7.67%
% of Operating Profit 14.99% 6.86% 6.09%
Other Income/Expense, Net -$2.317M -$1.284M -$1.585M
YoY Change 80.45% -17.27% 17.67%
Pretax Income $12.42M $17.27M $17.55M
YoY Change -28.04% -7.83% -14136.8%
Income Tax $4.243M $4.362M $3.814M
% Of Pretax Income 34.15% 25.26% 21.74%
Net Earnings $8.181M $12.90M $13.73M
YoY Change -36.6% 24.78% -2715.62%
Net Earnings / Revenue 8.18% 13.43% 14.6%
Basic Earnings Per Share $0.18 $0.28 $0.30
Diluted Earnings Per Share $0.18 $0.28 $0.29
COMMON SHARES
Basic Shares Outstanding 44.61M shares 45.53M shares 46.53M shares
Diluted Shares Outstanding 45.29M shares 46.09M shares 47.48M shares

Balance Sheet

Concept 2019 Q2 2018 Q2 2018 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $128.6M $144.2M $167.5M
YoY Change -10.82% -41.17% -36.6%
Cash & Equivalents $103.2M $97.12M $117.1M
Short-Term Investments $25.30M $47.10M $50.40M
Other Short-Term Assets $18.55M $13.84M $16.31M
YoY Change 34.01% -38.01% -31.58%
Inventory
Prepaid Expenses
Receivables $52.04M $42.58M $53.84M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $204.3M $200.6M $237.7M
YoY Change 1.84% -35.56% -29.47%
LONG-TERM ASSETS
Property, Plant & Equipment $32.97M $42.21M $41.76M
YoY Change -21.88% -5.92% -13.46%
Goodwill $432.6M $315.0M $315.1M
YoY Change 37.34% 8.36% 13.29%
Intangibles $150.9M $76.54M
YoY Change 97.16%
Long-Term Investments
YoY Change
Other Assets $2.733M $1.746M $1.916M
YoY Change 56.53% -21.81% -17.59%
Total Long-Term Assets $625.6M $436.4M $445.5M
YoY Change 43.37% 2.49% 10.22%
TOTAL ASSETS
Total Short-Term Assets $204.3M $200.6M $237.7M
Total Long-Term Assets $625.6M $436.4M $445.5M
Total Assets $829.9M $637.0M $683.1M
YoY Change 30.29% -13.58% -7.82%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $9.541M $10.41M $8.913M
YoY Change -8.31% 18.95% -6.09%
Accrued Expenses $39.90M $33.60M $36.20M
YoY Change 18.75% -26.8% -31.31%
Deferred Revenue $135.9M $135.2M
YoY Change 0.54%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $7.002M $5.819M $5.819M
YoY Change 20.33% -60.26% -60.26%
Total Short-Term Liabilities $204.2M $194.9M $203.0M
YoY Change 4.79% -7.31% -8.2%
LONG-TERM LIABILITIES
Long-Term Debt $291.2M $113.2M $114.6M
YoY Change 157.28% 1.09% -0.86%
Other Long-Term Liabilities $4.619M $5.979M $6.003M
YoY Change -22.75% 10.64% 17.78%
Total Long-Term Liabilities $295.8M $119.2M $120.6M
YoY Change 148.25% 1.53% -0.07%
TOTAL LIABILITIES
Total Short-Term Liabilities $204.2M $194.9M $203.0M
Total Long-Term Liabilities $295.8M $119.2M $120.6M
Total Liabilities $500.0M $314.0M $323.7M
YoY Change 59.23% -4.15% -5.33%
SHAREHOLDERS EQUITY
Retained Earnings $61.74M $74.66M $107.8M
YoY Change -17.29% -57.0% -37.94%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $315.3M $342.7M $383.7M
YoY Change
Total Liabilities & Shareholders Equity $829.9M $637.0M $683.1M
YoY Change 30.29% -13.58% -7.82%

Cashflow Statement

Concept 2019 Q2 2018 Q2 2018 Q1
OPERATING ACTIVITIES
Net Income $8.181M $12.90M $13.73M
YoY Change -36.6% 24.78% -2715.62%
Depreciation, Depletion And Amortization $12.80M $11.30M $1.682M
YoY Change 13.27% 7.62% -14.96%
Cash From Operating Activities $40.70M $42.10M $31.60M
YoY Change -3.33% 87.95% -15.29%
INVESTING ACTIVITIES
Capital Expenditures -$900.0K -$1.800M $1.386M
YoY Change -50.0% 1700.0% 261.88%
Acquisitions
YoY Change
Other Investing Activities -$217.6M $3.100M -$600.0K
YoY Change -7119.35% -108.05% -111.32%
Cash From Investing Activities -$218.5M $1.200M -$1.944M
YoY Change -18308.33% -103.11% -139.53%
FINANCING ACTIVITIES
Cash Dividend Paid $6.619M
YoY Change 9.01%
Common Stock Issuance & Retirement, Net $45.00M
YoY Change 196.25%
Debt Paid & Issued, Net $1.547M
YoY Change -58.75%
Cash From Financing Activities 177.2M -52.80M -$50.70M
YoY Change -435.61% 190.11% 116.98%
NET CHANGE
Cash From Operating Activities 40.70M 42.10M $31.60M
Cash From Investing Activities -218.5M 1.200M -$1.944M
Cash From Financing Activities 177.2M -52.80M -$50.70M
Net Change In Cash -600.0K -9.500M -$21.05M
YoY Change -93.68% -72.38% -211.63%
FREE CASH FLOW
Cash From Operating Activities $40.70M $42.10M $31.60M
Capital Expenditures -$900.0K -$1.800M $1.386M
Free Cash Flow $41.60M $43.90M $30.21M
YoY Change -5.24% 95.11% -18.17%

Facts In Submission

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us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.39
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.58
CY2019Q2 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.18
CY2018Q2 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.28
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.39
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.57
CY2019Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
44611000 shares
CY2018Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
45531000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
44784000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
46030000 shares
CY2019Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
45287000 shares
CY2018Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
46087000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
45287000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
46781000 shares
CY2019Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.155
CY2018Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.140
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.310
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.280
CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
8181000 USD
CY2018Q2 us-gaap Net Income Loss
NetIncomeLoss
12904000 USD
us-gaap Net Income Loss
NetIncomeLoss
17583000 USD
us-gaap Net Income Loss
NetIncomeLoss
26637000 USD
CY2019Q2 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-2030000 USD
CY2018Q2 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-9018000 USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-551000 USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-5187000 USD
CY2019Q2 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
54000 USD
CY2018Q2 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-1000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
137000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-28000 USD
CY2019Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-1976000 USD
CY2018Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-9019000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-414000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-5215000 USD
CY2019Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
6205000 USD
CY2018Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
3885000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
17169000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
21422000 USD
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
324002000 USD
us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
2803000 USD
us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
1317000 USD
us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
0 USD
us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
1637000 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
11922000 USD
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
2000000 USD
us-gaap Dividends
Dividends
13832000 USD
us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
25000000 USD
us-gaap Net Income Loss
NetIncomeLoss
17583000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-414000 USD
CY2019Q2 us-gaap Stockholders Equity
StockholdersEquity
315347000 USD
CY2019Q1 us-gaap Stockholders Equity
StockholdersEquity
306702000 USD
CY2019Q2 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
1806000 USD
CY2019Q2 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
1049000 USD
CY2019Q2 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
0 USD
CY2019Q2 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
1632000 USD
CY2019Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
6116000 USD
CY2019Q2 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
2000000 USD
CY2019Q2 us-gaap Dividends
Dividends
6899000 USD
CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
8181000 USD
CY2019Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-1976000 USD
CY2019Q2 us-gaap Stockholders Equity
StockholdersEquity
315347000 USD
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
411349000 USD
us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
3069000 USD
us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
1525000 USD
us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
1931000 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
10150000 USD
us-gaap Dividends
Dividends
12858000 USD
us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
90000000 USD
us-gaap Net Income Loss
NetIncomeLoss
26637000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-5215000 USD
CY2018Q2 us-gaap Stockholders Equity
StockholdersEquity
342726000 USD
CY2018Q1 us-gaap Stockholders Equity
StockholdersEquity
383737000 USD
CY2018Q2 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
1974000 USD
CY2018Q2 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
856000 USD
CY2018Q2 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
1931000 USD
CY2018Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
5580000 USD
CY2018Q2 us-gaap Dividends
Dividends
6375000 USD
CY2018Q2 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
45000000 USD
CY2018Q2 us-gaap Net Income Loss
NetIncomeLoss
12904000 USD
CY2018Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-9019000 USD
CY2018Q2 us-gaap Stockholders Equity
StockholdersEquity
342726000 USD
us-gaap Net Income Loss
NetIncomeLoss
17583000 USD
us-gaap Net Income Loss
NetIncomeLoss
26637000 USD
us-gaap Depreciation
Depreciation
3438000 USD
us-gaap Depreciation
Depreciation
3343000 USD
us-gaap Adjustment For Amortization
AdjustmentForAmortization
19900000 USD
us-gaap Adjustment For Amortization
AdjustmentForAmortization
19290000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
11922000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
10150000 USD
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
18000 USD
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-136000 USD
us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
6707000 USD
us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
1687000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
287000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
103000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-10859000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-19772000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-7722000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-4614000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-4627000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-18027000 USD
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
1937000 USD
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
2267000 USD
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
2822000 USD
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
7127000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
65118000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
73725000 USD
us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
5750000 USD
us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
8258000 USD
us-gaap Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
14709000 USD
us-gaap Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
10723000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1080000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
3196000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
225298000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
6146000 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
0 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-211273000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-731000 USD
us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
4303000 USD
us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
4671000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
1637000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
1931000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
25000000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
90000000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
13886000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
13101000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
184984000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
0 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
1547000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
3094000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
1611000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
0 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
145606000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-103455000 USD
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-1328000 USD
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-5881000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-1877000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-36342000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
105126000 USD
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
133464000 USD
CY2019Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
103249000 USD
CY2018Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
97122000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
4242000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
3545000 USD
us-gaap Interest Paid Net
InterestPaidNet
2990000 USD
us-gaap Interest Paid Net
InterestPaidNet
1991000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Total Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue
8063000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Total Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue
9404000 USD
prgs Dividends Declared
DividendsDeclared
6944000 USD
prgs Dividends Declared
DividendsDeclared
6377000 USD
prgs Numberof Independent Software Vendors
NumberofIndependentSoftwareVendors
1700 software_vendor
CY2018Q4 us-gaap Contract With Customer Asset Net Noncurrent
ContractWithCustomerAssetNetNoncurrent
1811000 USD
CY2018Q4 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
966000 USD
prgs Numberof Developers
NumberofDevelopers
2000000 developer
us-gaap Use Of Estimates
UseOfEstimates
<div style="line-height:120%;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;">Use of Estimates</span></div><div style="line-height:120%;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">The preparation of financial statements requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. On an on-going basis, management evaluates its estimates and records changes in estimates in the period in which they become known. These estimates are based on historical data and experience, as well as various other assumptions that management believes to be reasonable under the circumstances. The most significant estimates relate to: the timing and amount of revenue recognition, including the determination of the nature and timing of the satisfaction of performance obligations, the standalone selling price of performance obligations, and the transaction price allocated to performance obligations; the realization of tax assets and estimates of tax liabilities; fair values of investments in marketable securities; assets held for sale; intangible assets and goodwill valuations; the recognition and disclosure of contingent liabilities; the collectability of accounts receivable; and assumptions used to determine the fair value of stock-based compensation. Actual results could differ from those estimates.</span></div><div style="line-height:120%;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div>
CY2019Q2 prgs Contractwith Customer Asset Net Noncurrent Due In The Next Twelve Months
ContractwithCustomerAssetNetNoncurrentDueInTheNextTwelveMonths
525000 USD
CY2019Q2 prgs Contract With Customer Asset Net Noncurrent Due In Two Years
ContractWithCustomerAssetNetNoncurrentDueInTwoYears
3398000 USD
CY2019Q2 prgs Contract With Customer Asset Net Noncurrent Due In Three Years
ContractWithCustomerAssetNetNoncurrentDueInThreeYears
565000 USD
CY2019Q2 us-gaap Contract With Customer Asset Net Noncurrent
ContractWithCustomerAssetNetNoncurrent
4488000 USD
CY2019Q2 us-gaap Contract With Customer Asset Gross
ContractWithCustomerAssetGross
700000 USD
CY2018Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
135940000 USD
prgs Contract With Customer Liability Billings And Other
ContractWithCustomerLiabilityBillingsAndOther
204009000 USD
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
189544000 USD
CY2019Q2 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
150405000 USD
CY2019Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
154000000 USD
CY2019Q2 us-gaap Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
0.90
CY2018Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
59715000 USD
CY2018Q4 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
1421000 USD
CY2018Q4 us-gaap Other Assets
OtherAssets
580237000 USD
CY2018Q4 us-gaap Assets
Assets
644150000 USD
CY2018Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
123210000 USD
CY2018Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
12730000 USD
CY2018Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
5799000 USD
CY2018Q4 us-gaap Other Liabilities
OtherLiabilities
178409000 USD
CY2018Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
85125000 USD
CY2018Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-28176000 USD
CY2018Q4 prgs Other Equity
OtherEquity
267053000 USD
CY2018Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
644150000 USD
CY2018Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
92864000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
188274000 USD
CY2018Q2 us-gaap Cost Of Revenue
CostOfRevenue
16643000 USD
us-gaap Cost Of Revenue
CostOfRevenue
33546000 USD
CY2018Q2 us-gaap Gross Profit
GrossProfit
76221000 USD
us-gaap Gross Profit
GrossProfit
154728000 USD
CY2018Q2 us-gaap Operating Expenses
OperatingExpenses
57671000 USD
us-gaap Operating Expenses
OperatingExpenses
117047000 USD
CY2018Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
18550000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
37681000 USD
CY2018Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-1284000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-2869000 USD
CY2018Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
17266000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
34812000 USD
CY2018Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4362000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
8175000 USD
CY2018Q2 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
12904000 USD
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
26637000 USD
CY2018Q2 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.28
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.58
CY2018Q2 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.28
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.57
CY2018Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
45531000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
46030000 shares
CY2018Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
46087000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
46781000 shares
CY2019Q2 prgs Cash Cash Equivalents And Investments Cost Basis
CashCashEquivalentsAndInvestmentsCostBasis
128578000 USD
CY2019Q2 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
3000 USD
CY2019Q2 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
28000 USD
CY2018Q4 us-gaap Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
5100000 USD
CY2019Q2 prgs Cash Cash Equivalents And Investments At Fair Value
CashCashEquivalentsAndInvestmentsAtFairValue
128553000 USD
CY2018Q4 prgs Cash Cash Equivalents And Investments Cost Basis
CashCashEquivalentsAndInvestmentsCostBasis
139723000 USD
CY2018Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
0 USD
CY2018Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
210000 USD
CY2018Q4 prgs Cash Cash Equivalents And Investments At Fair Value
CashCashEquivalentsAndInvestmentsAtFairValue
139513000 USD
CY2019Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
103249000 USD
CY2019Q2 us-gaap Short Term Investments
ShortTermInvestments
25304000 USD
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
105126000 USD
CY2018Q4 us-gaap Short Term Investments
ShortTermInvestments
34387000 USD
CY2019Q2 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
21531000 USD
CY2018Q4 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
25051000 USD
CY2019Q2 prgs Debt Securities Availableforsale Maturity Allocatedand Single Maturity Date After Year One Fair Value
DebtSecuritiesAvailableforsaleMaturityAllocatedandSingleMaturityDateAfterYearOneFairValue
3773000 USD
CY2018Q4 prgs Debt Securities Availableforsale Maturity Allocatedand Single Maturity Date After Year One Fair Value
DebtSecuritiesAvailableforsaleMaturityAllocatedandSingleMaturityDateAfterYearOneFairValue
9336000 USD
CY2019Q2 us-gaap Available For Sale Securities Debt Maturities Single Maturity Date
AvailableForSaleSecuritiesDebtMaturitiesSingleMaturityDate
25304000 USD
CY2018Q4 us-gaap Available For Sale Securities Debt Maturities Single Maturity Date
AvailableForSaleSecuritiesDebtMaturitiesSingleMaturityDate
34387000 USD
CY2019Q2 us-gaap Derivative Asset Notional Amount
DerivativeAssetNotionalAmount
77102000 USD
CY2019Q2 us-gaap Derivative Assets Liabilities At Fair Value Net
DerivativeAssetsLiabilitiesAtFairValueNet
-1472000 USD
CY2018Q4 us-gaap Derivative Asset Notional Amount
DerivativeAssetNotionalAmount
106070000 USD
CY2018Q4 us-gaap Derivative Assets Liabilities At Fair Value Net
DerivativeAssetsLiabilitiesAtFairValueNet
-170000 USD
CY2019Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
343183000 USD
CY2019Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
192276000 USD
CY2019Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
150907000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
239843000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
180924000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
58919000 USD
CY2019Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
10700000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
19300000 USD
CY2018Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
9200000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
18400000 USD
CY2019Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
28762000 USD
CY2019Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
32679000 USD
CY2019Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
32559000 USD
CY2019Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
25937000 USD
CY2019Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
21860000 USD
CY2019Q2 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
9110000 USD
CY2019Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
150907000 USD
CY2018Q4 us-gaap Goodwill
Goodwill
314992000 USD
us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
117651000 USD
us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-20000 USD
CY2019Q2 us-gaap Goodwill
Goodwill
432623000 USD
CY2018Q4 us-gaap Goodwill
Goodwill
314992000 USD
us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
117651000 USD
us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-20000 USD
CY2019Q2 us-gaap Goodwill
Goodwill
432623000 USD
CY2019Q2 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Intangible Assets Other Than Goodwill
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleAssetsOtherThanGoodwill
111300000 USD
CY2019Q2 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
112234000 USD
CY2018Q2 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
104883000 USD
CY2019Q2 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
5926000 USD
CY2018Q2 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
4839000 USD
CY2019Q2 us-gaap Business Acquisition Pro Forma Earnings Per Share Basic
BusinessAcquisitionProFormaEarningsPerShareBasic
0.13
CY2018Q2 us-gaap Business Acquisition Pro Forma Earnings Per Share Basic
BusinessAcquisitionProFormaEarningsPerShareBasic
0.11
CY2019Q2 us-gaap Business Acquisition Pro Forma Earnings Per Share Diluted
BusinessAcquisitionProFormaEarningsPerShareDiluted
0.13
CY2018Q2 us-gaap Business Acquisition Pro Forma Earnings Per Share Diluted
BusinessAcquisitionProFormaEarningsPerShareDiluted
0.10
us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
218532000 USD
us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
209251000 USD
us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
10824000 USD
us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
8080000 USD
us-gaap Business Acquisition Pro Forma Earnings Per Share Basic
BusinessAcquisitionProFormaEarningsPerShareBasic
0.24
us-gaap Business Acquisition Pro Forma Earnings Per Share Basic
BusinessAcquisitionProFormaEarningsPerShareBasic
0.18
us-gaap Business Acquisition Pro Forma Earnings Per Share Diluted
BusinessAcquisitionProFormaEarningsPerShareDiluted
0.24
us-gaap Business Acquisition Pro Forma Earnings Per Share Diluted
BusinessAcquisitionProFormaEarningsPerShareDiluted
0.17
CY2019Q2 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
3762000 USD
CY2019Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
11287000 USD
CY2019Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
18812000 USD
CY2019Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
26338000 USD
CY2019Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
33863000 USD
CY2019Q2 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
206938000 USD
CY2019Q2 us-gaap Long Term Debt
LongTermDebt
301000000 USD
us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
700000 shares
us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
25000000.0 USD
CY2018Q2 us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
1100000 shares
CY2018Q2 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
45000000.0 USD
us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
2100000 shares
us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
90000000.0 USD
CY2017Q3 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
250000000.0 USD
CY2019Q2 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
75000000.0 USD
CY2019Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
6116000 USD
CY2018Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
5580000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
11922000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
10150000 USD
us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-414000 USD
CY2018Q4 us-gaap Restructuring Reserve
RestructuringReserve
311000 USD
us-gaap Restructuring Charges
RestructuringCharges
3192000 USD
us-gaap Payments For Restructuring
PaymentsForRestructuring
757000 USD
us-gaap Restructuring Reserve Translation Adjustment
RestructuringReserveTranslationAdjustment
95000 USD
CY2019Q2 us-gaap Restructuring Reserve
RestructuringReserve
2651000 USD
CY2019Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.34
CY2018Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.25
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.32
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.23
CY2019Q1 us-gaap Tax Cuts And Jobs Act Of2017 Incomplete Accounting Provisional Income Tax Expense Benefit
TaxCutsAndJobsActOf2017IncompleteAccountingProvisionalIncomeTaxExpenseBenefit
-1400000 USD
CY2019Q2 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
8181000 USD
CY2018Q2 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
12904000 USD
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
17583000 USD
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
26637000 USD
CY2019Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
44611000 shares
CY2018Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
45531000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
44784000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
46030000 shares
CY2019Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
676000 shares
CY2018Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
556000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
503000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
751000 shares
CY2019Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
45287000 shares
CY2018Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
46087000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
45287000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
46781000 shares
CY2019Q2 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.18
CY2018Q2 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.28
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.39
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.58
CY2019Q2 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.18
CY2018Q2 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.28
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.39
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.57
CY2019Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
545000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
728000 shares
CY2018Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
698000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
521000 shares
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 segment
CY2019Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
99995000 USD
CY2018Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
92864000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
189544000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
188274000 USD
CY2019Q2 us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
26450000 USD
CY2018Q2 us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
22886000 USD
us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
51692000 USD
us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
47075000 USD
CY2019Q2 prgs Contribution Profit Loss
ContributionProfitLoss
73545000 USD
CY2018Q2 prgs Contribution Profit Loss
ContributionProfitLoss
69978000 USD
prgs Contribution Profit Loss
ContributionProfitLoss
137852000 USD
prgs Contribution Profit Loss
ContributionProfitLoss
141199000 USD
CY2019Q2 prgs Other Unallocated Expenses
OtherUnallocatedExpenses
58804000 USD
CY2018Q2 prgs Other Unallocated Expenses
OtherUnallocatedExpenses
51428000 USD
prgs Other Unallocated Expenses
OtherUnallocatedExpenses
107702000 USD
prgs Other Unallocated Expenses
OtherUnallocatedExpenses
103518000 USD
CY2019Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
14741000 USD
CY2018Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
18550000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
30150000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
37681000 USD
CY2019Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-2317000 USD
CY2018Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-1284000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-4320000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-2869000 USD
CY2019Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
12424000 USD
CY2018Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
17266000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
25830000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
34812000 USD
CY2019Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
99995000 USD
CY2018Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
92864000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
189544000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
188274000 USD
CY2019Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
99995000 USD
CY2018Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
92864000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
189544000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
188274000 USD

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