2015 Q2 Form 10-K Financial Statement

#000162828015004907 Filed on June 12, 2015

View on sec.gov

Income Statement

Concept 2015 Q2 2015 2014 Q1
Revenue $110.9M $553.1M $128.0M
YoY Change -13.48% -0.01% -8.55%
Cost Of Revenue $64.40M $308.1M $75.80M
YoY Change -11.3% -1.74% -7.94%
Gross Profit $46.46M $245.0M $52.02M
YoY Change -16.33% 2.25% -9.66%
Gross Profit Margin 41.91% 44.3% 40.65%
Selling, General & Admin $41.59M $170.5M $41.50M
YoY Change -1.15% -3.49% -16.38%
% of Gross Profit 89.52% 69.58% 79.78%
Research & Development $13.32M $58.62M $15.30M
YoY Change -8.46% -8.94% -11.56%
% of Gross Profit 28.68% 23.92% 29.41%
Depreciation & Amortization $1.718M $8.281M $3.500M
YoY Change -21.84% -22.7% -38.6%
% of Gross Profit 3.7% 3.38% 6.73%
Operating Expenses $55.17M $230.8M $58.70M
YoY Change -4.04% -8.32% -16.76%
Operating Profit -$8.712M $14.72M -$6.680M
YoY Change 478.1% -224.76% -48.36%
Interest Expense $1.923M $9.460M -$2.400M
YoY Change -21.32% -3.01% 0.0%
% of Operating Profit 64.27%
Other Income/Expense, Net -$286.0K $13.84M $500.0K
YoY Change 128.8% 967.59% 150.0%
Pretax Income -$10.92M $17.80M -$14.40M
YoY Change 167.93% -187.88% -5.33%
Income Tax $300.0K $718.0K $0.00
% Of Pretax Income 4.03%
Net Earnings -$11.26M $17.08M -$14.40M
YoY Change 160.41% -179.55% -4.95%
Net Earnings / Revenue -10.16% 3.09% -11.26%
Basic Earnings Per Share $0.54
Diluted Earnings Per Share -$334.4K $0.53 -$461.5K
COMMON SHARES
Basic Shares Outstanding 258.4M shares 31.83M shares 248.6M shares
Diluted Shares Outstanding 32.50M shares

Balance Sheet

Concept 2015 Q2 2015 2014 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $53.70M $67.90M $99.10M
YoY Change -48.61% -31.48% 43.62%
Cash & Equivalents $53.69M $67.90M $99.13M
Short-Term Investments
Other Short-Term Assets $12.18M $14.60M $10.16M
YoY Change 11.94% 13.18% -14.12%
Inventory $73.90M $74.90M $60.40M
Prepaid Expenses
Receivables $97.33M $124.2M $101.6M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $239.8M $281.6M $274.1M
YoY Change -10.02% 2.74% 1.85%
LONG-TERM ASSETS
Property, Plant & Equipment $14.40M $14.70M $17.57M
YoY Change -16.57% -16.48% -18.09%
Goodwill $55.61M $55.61M
YoY Change 0.0% 0.0%
Intangibles $3.911M
YoY Change -69.48%
Long-Term Investments
YoY Change
Other Assets $4.246M $4.600M $10.61M
YoY Change -58.34% -56.6% 7.21%
Total Long-Term Assets $74.85M $75.60M $87.70M
YoY Change -11.67% -13.8% -12.1%
TOTAL ASSETS
Total Short-Term Assets $239.8M $281.6M $274.1M
Total Long-Term Assets $74.85M $75.60M $87.70M
Total Assets $314.6M $357.2M $361.8M
YoY Change -10.42% -1.27% -1.92%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $35.86M $54.40M $41.79M
YoY Change -7.54% 30.14% -12.26%
Accrued Expenses $56.50M $64.20M $50.70M
YoY Change 10.57% 26.63% -9.63%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $83.50M $83.30M
YoY Change
Total Short-Term Liabilities $265.2M $297.8M $190.6M
YoY Change 44.65% 56.24% -2.19%
LONG-TERM LIABILITIES
Long-Term Debt $68.90M $68.80M $203.7M
YoY Change -66.18% -66.22% -0.63%
Other Long-Term Liabilities $10.26M $51.00M $10.83M
YoY Change -1.39% -7.1% -4.16%
Total Long-Term Liabilities $117.4M $119.8M $258.6M
YoY Change -54.22% -53.67% 0.86%
TOTAL LIABILITIES
Total Short-Term Liabilities $265.2M $297.8M $190.6M
Total Long-Term Liabilities $117.4M $119.8M $258.6M
Total Liabilities $382.6M $417.6M $449.2M
YoY Change -13.0% -7.03% -0.45%
SHAREHOLDERS EQUITY
Retained Earnings -$534.1M -$540.1M
YoY Change -1.9% 4.14%
Common Stock $461.8M $446.1M
YoY Change 2.83% 3.72%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$67.99M -$60.40M -$84.96M
YoY Change
Total Liabilities & Shareholders Equity $314.6M $357.2M $361.8M
YoY Change -10.42% -1.27% -1.92%

Cashflow Statement

Concept 2015 Q2 2015 2014 Q1
OPERATING ACTIVITIES
Net Income -$11.26M $17.08M -$14.40M
YoY Change 160.41% -179.55% -4.95%
Depreciation, Depletion And Amortization $1.718M $8.281M $3.500M
YoY Change -21.84% -22.7% -38.6%
Cash From Operating Activities -$13.56M $6.034M $20.00M
YoY Change -316.11% -82.99% 26.58%
INVESTING ACTIVITIES
Capital Expenditures $840.0K $3.241M -$1.000M
YoY Change -38.73% -45.59% 42.86%
Acquisitions $517.0K
YoY Change
Other Investing Activities -$100.0K $14.90M -$700.0K
YoY Change -125.0% -2228.57% -240.0%
Cash From Investing Activities -$899.0K $11.64M -$1.600M
YoY Change -3.23% -275.08% 700.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $266.0K $3.737M
YoY Change 133.33% -15.64%
Debt Paid & Issued, Net $0.00 $0.00
YoY Change
Cash From Financing Activities $192.0K -$48.64M 700.0K
YoY Change -3940.0% -3885.29% -66.67%
NET CHANGE
Cash From Operating Activities -$13.56M $6.034M 20.00M
Cash From Investing Activities -$899.0K $11.64M -1.600M
Cash From Financing Activities $192.0K -$48.64M 700.0K
Net Change In Cash -$14.27M -$30.97M 19.10M
YoY Change -367.15% -202.84% 7.91%
FREE CASH FLOW
Cash From Operating Activities -$13.56M $6.034M $20.00M
Capital Expenditures $840.0K $3.241M -$1.000M
Free Cash Flow -$14.40M $2.793M $21.00M
YoY Change -393.68% -90.54% 27.27%

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CY2014 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
76000 USD
CY2015 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
125000 USD
CY2013 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-160000 USD
CY2014 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
45000 USD
CY2015 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-159000 USD
CY2014Q1 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
98098000 USD
CY2015Q1 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
95899000 USD
CY2014Q1 us-gaap Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
40054000 USD
CY2015Q1 us-gaap Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
39532000 USD
CY2014Q1 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
314068000 USD
CY2015Q1 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
304691000 USD
CY2014Q1 us-gaap Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
1742000 USD
CY2015Q1 us-gaap Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
1588000 USD
CY2014Q1 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
792000 USD
CY2015Q1 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
933000 USD
CY2014Q1 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
52731000 USD
CY2015Q1 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
52216000 USD
CY2014Q1 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
81012000 USD
CY2015Q1 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
75262000 USD
CY2014Q1 us-gaap Deferred Tax Assets Operating Loss Carryforwards Foreign
DeferredTaxAssetsOperatingLossCarryforwardsForeign
191372000 USD
CY2015Q1 us-gaap Deferred Tax Assets Operating Loss Carryforwards Foreign
DeferredTaxAssetsOperatingLossCarryforwardsForeign
185578000 USD
CY2014Q1 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Other
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsOther
32465000 USD
CY2015Q1 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Other
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsOther
34490000 USD
CY2014Q1 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Restructuring Charges
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsRestructuringCharges
3191000 USD
CY2015Q1 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Restructuring Charges
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsRestructuringCharges
1866000 USD
CY2014Q1 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Warranty Reserves
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsWarrantyReserves
2336000 USD
CY2015Q1 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Warranty Reserves
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsWarrantyReserves
1624000 USD
CY2014Q1 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
261337000 USD
CY2015Q1 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
252475000 USD
CY2014Q1 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
51939000 USD
CY2015Q1 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
51283000 USD
CY2014Q1 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
2794000 USD
CY2015Q1 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
4920000 USD
CY2014Q1 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
28330000 USD
CY2015Q1 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
26093000 USD
CY2014Q1 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
3570000 USD
CY2015Q1 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
4302000 USD
CY2014Q1 us-gaap Deferred Tax Liabilities Undistributed Foreign Earnings
DeferredTaxLiabilitiesUndistributedForeignEarnings
17245000 USD
CY2015Q1 us-gaap Deferred Tax Liabilities Undistributed Foreign Earnings
DeferredTaxLiabilitiesUndistributedForeignEarnings
15968000 USD
CY2013 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
2800000 USD
CY2014 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
2600000 USD
CY2015 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
2400000 USD
CY2014 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
4770000 USD
CY2015 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
22554000 USD
CY2013 us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
142000 USD
CY2014 us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
-36000 USD
CY2015 us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
160000 USD
CY2013 us-gaap Depreciation
Depreciation
12413000 USD
CY2014 us-gaap Depreciation
Depreciation
10713000 USD
CY2015 us-gaap Depreciation
Depreciation
8281000 USD
CY2013 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.22
CY2014 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.09
CY2014Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.02
CY2014Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.00
CY2014Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.03
CY2015Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.05
CY2015 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.07
CY2013Q2 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.01
CY2013Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.03
CY2013Q4 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.01
CY2014Q1 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.06
CY2013 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.22
CY2014 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.09
CY2014Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.02
CY2014Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.00
CY2014Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.03
CY2015Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.04
CY2015 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.06
CY2013 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-87000 USD
CY2014 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
39000 USD
CY2015 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-211000 USD
CY2015 us-gaap Effect On Future Cash Flows Amount
EffectOnFutureCashFlowsAmount
4846000 USD
CY2015 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35 Rate
CY2014Q1 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
25036000 USD
CY2015Q1 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
35414000 USD
CY2015 us-gaap Finite Lived Intangible Asset Useful Life
FiniteLivedIntangibleAssetUsefulLife
P6Y8M17D
CY2015Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
280000 USD
CY2015Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
35000 USD
CY2015Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
103000 USD
CY2015Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
138000 USD
CY2015Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
175000 USD
CY2015Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
731000 USD
CY2013 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-500000 USD
CY2014 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
300000 USD
CY2015 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
200000 USD
CY2013 us-gaap Foreign Income Tax Expense Benefit Continuing Operations
ForeignIncomeTaxExpenseBenefitContinuingOperations
930000 USD
CY2014 us-gaap Foreign Income Tax Expense Benefit Continuing Operations
ForeignIncomeTaxExpenseBenefitContinuingOperations
1141000 USD
CY2015 us-gaap Foreign Income Tax Expense Benefit Continuing Operations
ForeignIncomeTaxExpenseBenefitContinuingOperations
731000 USD
CY2013 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
0 USD
CY2014 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
267000 USD
CY2015 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
462000 USD
CY2013 us-gaap Gain Loss On Sale Of Other Investments
GainLossOnSaleOfOtherInvestments
0 USD
CY2014 us-gaap Gain Loss On Sale Of Other Investments
GainLossOnSaleOfOtherInvestments
0 USD
CY2013 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
62017000 USD
CY2014 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
57865000 USD
CY2015 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
56513000 USD
CY2015 us-gaap Gain Loss On Sale Of Other Investments
GainLossOnSaleOfOtherInvestments
13574000 USD
CY2013 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
0 USD
CY2014 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
0 USD
CY2015 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
462000 USD
CY2013 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
CY2014 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
CY2015 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-1295000 USD
CY2014Q1 us-gaap Goodwill
Goodwill
55613000 USD
CY2015Q1 us-gaap Goodwill
Goodwill
55613000 USD
CY2014Q1 us-gaap Goodwill Gross
GoodwillGross
394613000 USD
CY2015Q1 us-gaap Goodwill Gross
GoodwillGross
394613000 USD
CY2014Q1 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
339000000 USD
CY2015Q1 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
339000000 USD
CY2013 us-gaap Gross Profit
GrossProfit
240561000 USD
CY2013Q2 us-gaap Gross Profit
GrossProfit
69835000 USD
CY2013Q3 us-gaap Gross Profit
GrossProfit
56392000 USD
CY2013Q4 us-gaap Gross Profit
GrossProfit
61373000 USD
CY2014Q1 us-gaap Gross Profit
GrossProfit
52020000 USD
CY2014 us-gaap Gross Profit
GrossProfit
239620000 USD
CY2014Q2 us-gaap Gross Profit
GrossProfit
55526000 USD
CY2014Q3 us-gaap Gross Profit
GrossProfit
61929000 USD
CY2014Q4 us-gaap Gross Profit
GrossProfit
65067000 USD
CY2015Q1 us-gaap Gross Profit
GrossProfit
62164000 USD
CY2015 us-gaap Gross Profit
GrossProfit
244686000 USD
CY2013 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-52940000 USD
CY2014 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-22549000 USD
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
13507000 USD
CY2013 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-51018000 USD
CY2014 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-20257000 USD
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
17478000 USD
CY2013 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
1922000 USD
CY2014 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
2292000 USD
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
3971000 USD
CY2015Q1 us-gaap Income Tax Examination Penalties And Interest Accrued
IncomeTaxExaminationPenaltiesAndInterestAccrued
1100000 USD
CY2013 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1161000 USD
CY2014 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1217000 USD
CY2015 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
718000 USD
CY2013 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-17856000 USD
CY2014 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-7090000 USD
CY2015 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
6117000 USD
CY2013 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
12000 USD
CY2014 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
15000 USD
CY2015 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-122000 USD
CY2013 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
300000 USD
CY2014 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
76000 USD
CY2015 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
125000 USD
CY2013 us-gaap Income Tax Reconciliation Tax Contingencies
IncomeTaxReconciliationTaxContingencies
-130000 USD
CY2014 us-gaap Income Tax Reconciliation Tax Contingencies
IncomeTaxReconciliationTaxContingencies
460000 USD
CY2015 us-gaap Income Tax Reconciliation Tax Contingencies
IncomeTaxReconciliationTaxContingencies
103000 USD
CY2013 us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
-18715000 USD
CY2014 us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
-7974000 USD
CY2015 us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
4727000 USD
CY2013 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
2596000 USD
CY2014 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
574000 USD
CY2015 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
750000 USD
CY2013 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-8630000 USD
CY2014 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-5881000 USD
CY2015 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
12849000 USD
CY2013 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-11880000 USD
CY2013 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
-370000 USD
CY2014 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
8651000 USD
CY2015 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
-2721000 USD
CY2013 us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
-1663000 USD
CY2014 us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
-6140000 USD
CY2015 us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
11318000 USD
CY2013 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-1980000 USD
CY2014 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-795000 USD
CY2015 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-1566000 USD
CY2013 us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
-1113000 USD
CY2014 us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
-426000 USD
CY2015 us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
250000 USD
CY2013 us-gaap Increase Decrease In Restructuring Reserve
IncreaseDecreaseInRestructuringReserve
3009000 USD
CY2014 us-gaap Increase Decrease In Restructuring Reserve
IncreaseDecreaseInRestructuringReserve
3619000 USD
CY2015 us-gaap Increase Decrease In Restructuring Reserve
IncreaseDecreaseInRestructuringReserve
-3548000 USD
CY2014Q1 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
259394000 USD
CY2015Q1 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
250111000 USD
CY2014Q1 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
3911000 USD
CY2015Q1 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
731000 USD
CY2013 us-gaap Interest Expense
InterestExpense
8342000 USD
CY2014 us-gaap Interest Expense
InterestExpense
9754000 USD
CY2015 us-gaap Interest Expense
InterestExpense
9460000 USD
CY2013 us-gaap Interest Paid
InterestPaid
5672000 USD
CY2014 us-gaap Interest Paid
InterestPaid
8247000 USD
CY2015 us-gaap Interest Paid
InterestPaid
8498000 USD
CY2013 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
11300000 USD
CY2014 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
10300000 USD
CY2015 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
7000000 USD
CY2014Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
361798000 USD
CY2015Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
358755000 USD
CY2014Q1 us-gaap Liabilities Current
LiabilitiesCurrent
190555000 USD
CY2015Q1 us-gaap Liabilities Current
LiabilitiesCurrent
298229000 USD
CY2014Q1 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
258643000 USD
CY2015Q1 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
120964000 USD
CY2015Q1 us-gaap Long Term Debt
LongTermDebt
153735000 USD
CY2015Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
83735000 USD
CY2015Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
70000000 USD
CY2015Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
0 USD
CY2014Q1 us-gaap Money Market Funds At Carrying Value
MoneyMarketFundsAtCarryingValue
93077000 USD
CY2015Q1 us-gaap Money Market Funds At Carrying Value
MoneyMarketFundsAtCarryingValue
34278000 USD
CY2013 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
20975000 USD
CY2014 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
1285000 USD
CY2015 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-48641000 USD
CY2013 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-10908000 USD
CY2014 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-6649000 USD
CY2015 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
11641000 USD
CY2013 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
7735000 USD
CY2014 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
35474000 USD
CY2015 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
6034000 USD
CY2013 us-gaap Net Income Loss
NetIncomeLoss
-52179000 USD
CY2013Q2 us-gaap Net Income Loss
NetIncomeLoss
3281000 USD
CY2013Q3 us-gaap Net Income Loss
NetIncomeLoss
-7893000 USD
CY2013Q4 us-gaap Net Income Loss
NetIncomeLoss
-2458000 USD
CY2014Q1 us-gaap Net Income Loss
NetIncomeLoss
-14404000 USD
CY2014 us-gaap Net Income Loss
NetIncomeLoss
-21474000 USD
CY2014Q2 us-gaap Net Income Loss
NetIncomeLoss
-4324000 USD
CY2014Q3 us-gaap Net Income Loss
NetIncomeLoss
1248000 USD
CY2014Q4 us-gaap Net Income Loss
NetIncomeLoss
6931000 USD
CY2015Q1 us-gaap Net Income Loss
NetIncomeLoss
12905000 USD
CY2015 us-gaap Net Income Loss
NetIncomeLoss
16760000 USD
CY2013 us-gaap Operating Expenses
OperatingExpenses
283021000 USD
CY2014 us-gaap Operating Expenses
OperatingExpenses
251686000 USD
CY2015 us-gaap Operating Expenses
OperatingExpenses
230751000 USD
CY2013 us-gaap Operating Income Loss
OperatingIncomeLoss
-42460000 USD
CY2014 us-gaap Operating Income Loss
OperatingIncomeLoss
-11799000 USD
CY2015 us-gaap Operating Income Loss
OperatingIncomeLoss
14397000 USD
CY2015Q1 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
35855000 USD
CY2015Q1 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
9107000 USD
CY2015Q1 us-gaap Operating Leases Future Minimum Payments Due Future Minimum Sublease Rentals
OperatingLeasesFutureMinimumPaymentsDueFutureMinimumSubleaseRentals
5147000 USD
CY2015Q1 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
4032000 USD
CY2015Q1 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
5523000 USD
CY2015Q1 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
6124000 USD
CY2015Q1 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
6610000 USD
CY2015Q1 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
4459000 USD
CY2015Q1 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
259300000 USD
CY2014Q1 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
15168000 USD
CY2015Q1 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
20740000 USD
CY2014Q1 us-gaap Other Assets Current
OtherAssetsCurrent
10161000 USD
CY2015Q1 us-gaap Other Assets Current
OtherAssetsCurrent
12332000 USD
CY2014Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
10605000 USD
CY2015Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
5784000 USD
CY2013 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
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CY2014 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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1.80
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CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
2.10
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1.46
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117000 shares
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2039000 USD
CY2014Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
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1.78
CY2015Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
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1.47
CY2015Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value
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ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableNumber
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CY2015Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
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CY2015 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
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CY2015 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
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ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
2.14
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SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P1Y8M16D
CY2015 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P1Y8M20D
CY2015 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P1Y8M20D
CY2013 us-gaap Shipping Handling And Transportation Costs
ShippingHandlingAndTransportationCosts
16000000 USD
CY2014 us-gaap Shipping Handling And Transportation Costs
ShippingHandlingAndTransportationCosts
13600000 USD
CY2015 us-gaap Shipping Handling And Transportation Costs
ShippingHandlingAndTransportationCosts
12300000 USD
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StandardProductWarrantyAccrualCurrent
7520000 USD
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StandardProductWarrantyAccrualCurrent
6116000 USD
CY2015Q1 us-gaap Standard Product Warranty Accrual Current
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4219000 USD
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9684000 USD
CY2015 us-gaap Standard Product Warranty Accrual Payments
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CY2014 us-gaap Standard Product Warranty Accrual Preexisting Increase Decrease
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8508000 USD
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87900000 USD
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87900000 USD
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140000000 USD
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32744000 USD
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32549000 USD
CY2014Q1 us-gaap Unrecognized Tax Benefits
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32449000 USD
CY2015Q1 us-gaap Unrecognized Tax Benefits
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32449000 USD
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60000 USD
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488000 USD
CY2015 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
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0 USD
CY2015Q1 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
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33500000 USD
CY2013 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
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0 USD
CY2014 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
388000 USD
CY2015 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
0 USD
CY2013 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
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135000 USD
CY2014 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
0 USD
CY2015 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
0 USD
CY2013 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
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17000000 USD
CY2014 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
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CY2015 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
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CY2013 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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239855000 shares
CY2014 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
247024000 shares
CY2015 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
260027000 shares
CY2013 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
239855000 shares
CY2014 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
247024000 shares
CY2015 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
254665000 shares
CY2015 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Concentration of Credit Risk</font></div><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">We currently invest our excess cash in deposits with major banks and in money market funds. In the past, we have also held investments in short-term debt securities of companies with strong credit ratings from a variety of industries, and we may make investments in these securities in the future. We have not experienced any material losses on these investments and limit the amount of credit exposure to any one issuer and to any one type of investment.</font></div><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">We sell products to customers in a wide variety of industries on a worldwide basis. In countries or industries where we are exposed to material credit risk, we may require collateral, including cash deposits and letters of credit, prior to the completion of a transaction. We do not believe we have significant credit risk beyond that provided for in the financial statements in the ordinary course of business.</font></div></div>

Files In Submission

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0001628280-15-004907.txt Edgar Link pending
0001628280-15-004907-xbrl.zip Edgar Link pending
a03312015exhibit-1010.htm Edgar Link pending
a03312015exhibit-1023.htm Edgar Link pending
a03312015exhibit-1024.htm Edgar Link pending
a03312015exhibit-1025.htm Edgar Link pending
a03312015exhibit-1035.htm Edgar Link pending
a03312015exhibit-1037.htm Edgar Link pending
a03312015exhibit-109.htm Edgar Link pending
a03312015exhibit-121.htm Edgar Link pending
a03312015exhibit-21.htm Edgar Link pending
a03312015exhibit-23.htm Edgar Link pending
a03312015exhibit-311.htm Edgar Link pending
a03312015exhibit-312.htm Edgar Link pending
a03312015exhibit-321.htm Edgar Link pending
a03312015exhibit-322.htm Edgar Link pending
cumulativestockreturn.jpg Edgar Link pending
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