2018 Q3 Form 10-Q Financial Statement
#000156459018028904 Filed on November 09, 2018
Income Statement
| Concept | 2018 Q3 | 2017 Q3 |
|---|---|---|
| Revenue | $112.9M | $87.42M |
| YoY Change | 29.11% | 19.1% |
| Cost Of Revenue | $96.81M | $75.94M |
| YoY Change | 27.49% | 11.99% |
| Gross Profit | $16.06M | $11.48M |
| YoY Change | 39.88% | 103.87% |
| Gross Profit Margin | 14.23% | 13.13% |
| Selling, General & Admin | $7.438M | $6.907M |
| YoY Change | 7.69% | 4.32% |
| % of Gross Profit | 46.33% | 60.18% |
| Research & Development | $3.305M | $3.214M |
| YoY Change | 2.83% | -18.72% |
| % of Gross Profit | 20.58% | 28.0% |
| Depreciation & Amortization | $1.650M | $2.260M |
| YoY Change | -26.99% | -32.94% |
| % of Gross Profit | 10.28% | 19.69% |
| Operating Expenses | $10.74M | $10.12M |
| YoY Change | 6.15% | -4.29% |
| Operating Profit | $5.313M | $1.357M |
| YoY Change | 291.53% | -127.44% |
| Interest Expense | $0.00 | $0.00 |
| YoY Change | -100.0% | |
| % of Operating Profit | 0.0% | 0.0% |
| Other Income/Expense, Net | -$67.00K | $43.00K |
| YoY Change | -255.81% | -68.15% |
| Pretax Income | $5.312M | $1.437M |
| YoY Change | 269.66% | -129.06% |
| Income Tax | $15.00K | -$8.000K |
| % Of Pretax Income | 0.28% | -0.56% |
| Net Earnings | $5.297M | $1.445M |
| YoY Change | 266.57% | -140.49% |
| Net Earnings / Revenue | 4.69% | 1.65% |
| Basic Earnings Per Share | $0.11 | $0.03 |
| Diluted Earnings Per Share | $0.10 | $0.03 |
| COMMON SHARES | ||
| Basic Shares Outstanding | 48.66M | 45.58M |
| Diluted Shares Outstanding | 52.44M | 46.73M |
Balance Sheet
| Concept | 2018 Q3 | 2017 Q3 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $70.50M | $50.40M |
| YoY Change | 39.88% | -5.97% |
| Cash & Equivalents | $70.52M | $50.37M |
| Short-Term Investments | ||
| Other Short-Term Assets | $5.300M | $7.200M |
| YoY Change | -26.39% | -6.49% |
| Inventory | ||
| Prepaid Expenses | ||
| Receivables | $65.70M | $48.90M |
| Other Receivables | $0.00 | $0.00 |
| Total Short-Term Assets | $141.5M | $106.5M |
| YoY Change | 32.86% | 0.85% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $4.100M | $5.200M |
| YoY Change | -21.15% | -28.77% |
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | ||
| YoY Change | ||
| Other Assets | $7.300M | $8.300M |
| YoY Change | -12.05% | -25.89% |
| Total Long-Term Assets | $81.60M | $72.60M |
| YoY Change | 12.4% | -12.42% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $141.5M | $106.5M |
| Total Long-Term Assets | $81.60M | $72.60M |
| Total Assets | $223.1M | $179.1M |
| YoY Change | 24.57% | -4.99% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $34.10M | $27.40M |
| YoY Change | 24.45% | 33.01% |
| Accrued Expenses | $31.00M | $26.20M |
| YoY Change | 18.32% | 10.08% |
| Deferred Revenue | $881.0K | |
| YoY Change | ||
| Short-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Long-Term Debt Due | ||
| YoY Change | ||
| Total Short-Term Liabilities | $66.00M | $54.40M |
| YoY Change | 21.32% | -9.93% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Other Long-Term Liabilities | $4.000M | $3.500M |
| YoY Change | 14.29% | -22.22% |
| Total Long-Term Liabilities | $4.000M | $3.500M |
| YoY Change | 14.29% | -22.22% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $66.00M | $54.40M |
| Total Long-Term Liabilities | $4.000M | $3.500M |
| Total Liabilities | $70.00M | $57.90M |
| YoY Change | 20.9% | -10.92% |
| SHAREHOLDERS EQUITY | ||
| Retained Earnings | ||
| YoY Change | ||
| Common Stock | ||
| YoY Change | ||
| Preferred Stock | ||
| YoY Change | ||
| Treasury Stock (at cost) | ||
| YoY Change | ||
| Treasury Stock Shares | ||
| Shareholders Equity | $153.0M | $121.1M |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $223.1M | $179.1M |
| YoY Change | 24.57% | -4.99% |
Cashflow Statement
| Concept | 2018 Q3 | 2017 Q3 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | $5.297M | $1.445M |
| YoY Change | 266.57% | -140.49% |
| Depreciation, Depletion And Amortization | $1.650M | $2.260M |
| YoY Change | -26.99% | -32.94% |
| Cash From Operating Activities | $10.23M | $2.324M |
| YoY Change | 340.06% | 92.07% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | $334.0K | $124.0K |
| YoY Change | 169.35% | -69.08% |
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | -$145.0K | $0.00 |
| YoY Change | -100.0% | |
| Cash From Investing Activities | -$785.0K | -$667.0K |
| YoY Change | 17.69% | -33.96% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | $0.00 | $125.0K |
| YoY Change | -100.0% | |
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | -3.713M | -851.0K |
| YoY Change | 336.31% | 143.14% |
| NET CHANGE | ||
| Cash From Operating Activities | 10.23M | 2.324M |
| Cash From Investing Activities | -785.0K | -667.0K |
| Cash From Financing Activities | -3.713M | -851.0K |
| Net Change In Cash | 5.819M | 796.0K |
| YoY Change | 631.03% | -630.67% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | $10.23M | $2.324M |
| Capital Expenditures | $334.0K | $124.0K |
| Free Cash Flow | $9.893M | $2.200M |
| YoY Change | 349.68% | 171.94% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2018Q3 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
96813000 | |
| CY2018Q3 | dei |
Entity Small Business
EntitySmallBusiness
|
false | |
| CY2018Q3 | dei |
Entity Emerging Growth Company
EntityEmergingGrowthCompany
|
false | |
| CY2018Q4 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
49289914 | |
| CY2018Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
64700000 | |
| CY2018Q2 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
68492000 | |
| CY2017Q3 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
43000 | |
| CY2018Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
5312000 | |
| CY2017Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
1437000 | |
| CY2018Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
15000 | |
| CY2017Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-8000 | |
| CY2018Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
5297000 | |
| CY2017Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
1445000 | |
| CY2018Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.11 | |
| CY2017Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.03 | |
| CY2018Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.10 | |
| CY2017Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.03 | |
| CY2018Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
48663000 | |
| CY2017Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
45578000 | |
| CY2018Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
52441000 | |
| CY2017Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
46728000 | |
| CY2018Q3 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
|
78000 | |
| CY2017Q3 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
|
9000 | |
| CY2018Q3 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
78000 | |
| CY2017Q3 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
9000 | |
| CY2018Q3 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
5375000 | |
| CY2017Q3 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
1454000 | |
| CY2018Q3 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
1648000 | |
| CY2017Q3 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
2261000 | |
| CY2018Q3 | qnst |
Provision For Recoveries From Sales Returns And Doubtful Accounts Receivable
ProvisionForRecoveriesFromSalesReturnsAndDoubtfulAccountsReceivable
|
245000 | |
| CY2018Q3 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
3111000 | |
| CY2017Q3 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
2437000 | |
| CY2018Q3 | us-gaap |
Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
|
-145000 | |
| CY2017Q3 | us-gaap |
Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
|
0 | |
| CY2018Q3 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-2779000 | |
| CY2017Q3 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
4975000 | |
| CY2018Q3 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
682000 | |
| CY2017Q3 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
712000 | |
| CY2018Q3 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
1657000 | |
| CY2017Q3 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
2275000 | |
| CY2018Q3 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
-3919000 | |
| CY2017Q3 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
-115000 | |
| CY2017Q3 | us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
-139000 | |
| CY2018Q3 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
334000 | |
| CY2017Q3 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
124000 | |
| CY2018Q3 | us-gaap |
Payments To Develop Software
PaymentsToDevelopSoftware
|
596000 | |
| CY2017Q3 | us-gaap |
Payments To Develop Software
PaymentsToDevelopSoftware
|
543000 | |
| CY2018Q3 | us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
-145000 | |
| CY2017Q3 | us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
0 | |
| CY2018Q3 | us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
5857000 | |
| CY2017Q3 | us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
726000 | |
| CY2017Q3 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
125000 | |
| CY2016Q4 | us-gaap |
Stock Repurchase Program Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased
|
750000 | |
| CY2017Q3 | us-gaap |
Gross Profit
GrossProfit
|
11478000 | |
| CY2017Q3 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
3214000 | |
| CY2017Q3 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
2447000 | |
| CY2017Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
1357000 | |
| CY2017Q3 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
37000 | |
| CY2018Q3 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
2044000 | |
| CY2018Q3 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
5394000 | |
| CY2017Q3 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
4460000 | |
| CY2018Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
5313000 | |
| CY2018Q3 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
66000 | |
| CY2018Q3 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-785000 | |
| CY2017Q3 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-667000 | |
| CY2018Q3 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
112869000 | |
| CY2017Q3 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
87418000 | |
| CY2018Q3 | us-gaap |
Gross Profit
GrossProfit
|
16056000 | |
| CY2018Q3 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
3305000 | |
| CY2018Q3 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-67000 | |
| CY2017Q3 | qnst |
Provision For Recoveries From Sales Returns And Doubtful Accounts Receivable
ProvisionForRecoveriesFromSalesReturnsAndDoubtfulAccountsReceivable
|
139000 | |
| CY2018Q3 | us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
166000 | |
| CY2017Q3 | us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
-292000 | |
| CY2018Q3 | us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
70000 | |
| CY2018Q3 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
10227000 | |
| CY2017Q3 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
2324000 | |
| CY2018Q3 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
0 | |
| CY2018Q3 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
2144000 | |
| CY2017Q3 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
0 | |
| CY2018Q3 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-3713000 | |
| CY2017Q3 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-851000 | |
| CY2018Q3 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
90000 | |
| CY2017Q3 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
-10000 | |
| CY2018Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
5819000 | |
| CY2017Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
796000 | |
| CY2018Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
65588000 | |
| CY2017Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
50459000 | |
| CY2018Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
71407000 | |
| CY2017Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
51255000 | |
| CY2017Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
50367000 | |
| CY2018Q3 | us-gaap |
Restricted Cash Noncurrent
RestrictedCashNoncurrent
|
888000 | |
| CY2017Q3 | us-gaap |
Restricted Cash Noncurrent
RestrictedCashNoncurrent
|
888000 | |
| CY2018Q3 | us-gaap |
Restricted Cash Noncurrent Asset Statement Of Financial Position Extensible List
RestrictedCashNoncurrentAssetStatementOfFinancialPositionExtensibleList
|
us-gaap:OtherAssetsNoncurrent | |
| CY2017Q3 | us-gaap |
Restricted Cash Noncurrent Asset Statement Of Financial Position Extensible List
RestrictedCashNoncurrentAssetStatementOfFinancialPositionExtensibleList
|
us-gaap:OtherAssetsNoncurrent | |
| CY2018Q3 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
99000 | |
| CY2017Q3 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
90000 | |
| CY2018Q3 | us-gaap |
Nature Of Operations
NatureOfOperations
|
<div> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-weight:bold;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">1. The Company</p> <p style="text-align:justify;margin-top:6pt;margin-bottom:0pt;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;text-indent:2.27%;">QuinStreet, Inc. (the “Company”) is a leader in performance marketplace products and technologies. The Company was incorporated in California in April 1999 and reincorporated in Delaware in December 2009. The Company specializes in customer acquisition for clients in high value, information-intensive markets or “verticals,” including financial services, education, home services and business-to-business technology. The corporate headquarters are located in Foster City, California, with additional offices throughout the United States, Brazil and India. While the majority of the Company’s operations and revenue are in North America, the Company has emerging businesses in Brazil and India.</p></div> | |
| CY2018Q3 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<div> <p style="margin-top:18pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-style:italic;font-family:Times New Roman;font-size:10pt;text-transform:none;font-variant: normal;">Use of Estimates</p> <p style="text-align:justify;margin-top:6pt;margin-bottom:0pt;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;text-indent:2.27%;">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the financial statements and reported amounts of revenue and expenses during the period. On an ongoing basis, management evaluates these estimates, judgments and assumptions, including those related to revenue recognition, stock-based compensation, goodwill, long-lived assets, contingencies, and income taxes. The Company bases these estimates on historical and anticipated results and trends and on various other assumptions that the Company believes are reasonable under the circumstances, including assumptions as to future events. These estimates form the basis for making judgments about the carrying values of assets and liabilities and recorded revenue and expenses that are not readily apparent from other sources. Actual results could differ from those estimates, and such differences could affect the results of operations reported in future periods.</p></div> | |
| CY2018Q3 | us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<div> <p style="margin-top:18pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-style:italic;font-family:Times New Roman;font-size:10pt;text-transform:none;font-variant: normal;">Concentrations of Credit Risk</p> <p style="text-align:justify;margin-top:6pt;margin-bottom:0pt;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;text-indent:2.27%;">The Company had one client that accounted for 25% and 24% of net revenue for the three months ended September 30, 2018 and 2017. That same client accounted for 13% of net accounts receivable as of September 30, 2018 and June 30, 2018. One additional client accounted for 16% and 13% of net accounts receivable as of September 30, 2018 and June 30, 2018. No other clients accounted for 10% or more of net revenue for the three months ended September 30, 2018 or 2017 or 10% or more of net accounts receivable as of September 30, 2018 and June 30, 2018.</p></div> | |
| CY2018Q3 | us-gaap |
Money Market Funds At Carrying Value
MoneyMarketFundsAtCarryingValue
|
11000000 | |
| CY2018Q3 | qnst |
Number Of Other Clients That Accounted For Ten Percent Or More Of Net Revenue
NumberOfOtherClientsThatAccountedForTenPercentOrMoreOfNetRevenue
|
0 | |
| CY2017Q3 | qnst |
Number Of Other Clients That Accounted For Ten Percent Or More Of Net Revenue
NumberOfOtherClientsThatAccountedForTenPercentOrMoreOfNetRevenue
|
0 | |
| CY2018Q3 | qnst |
Number Of Other Clients That Accounted For Ten Percent Or More Of Net Accounts Receivable
NumberOfOtherClientsThatAccountedForTenPercentOrMoreOfNetAccountsReceivable
|
0 | |
| CY2018 | qnst |
Number Of Other Clients That Accounted For Ten Percent Or More Of Net Accounts Receivable
NumberOfOtherClientsThatAccountedForTenPercentOrMoreOfNetAccountsReceivable
|
0 | |
| CY2017Q3 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
2777000 | |
| CY2018Q3 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
172008000 | |
| CY2018Q3 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
164173000 | |
| CY2018Q2 | us-gaap |
Money Market Funds At Carrying Value
MoneyMarketFundsAtCarryingValue
|
10900000 | |
| CY2018Q3 | qnst |
Cash Restricted As Collateral For Letters Of Credit
CashRestrictedAsCollateralForLettersOfCredit
|
900000 | |
| CY2018Q2 | qnst |
Cash Restricted As Collateral For Letters Of Credit
CashRestrictedAsCollateralForLettersOfCredit
|
900000 | |
| CY2018Q3 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
881000 | |
| CY2018Q2 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
715000 | |
| CY2018Q2 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
163495000 | |
| CY2018Q3 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
700000 | |
| CY2017Q3 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
1100000 | |
| CY2018Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
|
2172000 | |
| CY2018Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
|
2810000 | |
| CY2018Q3 | qnst |
Contract With Customer Prepaid Liability Current
ContractWithCustomerPrepaidLiabilityCurrent
|
734000 | |
| CY2018Q2 | qnst |
Contract With Customer Prepaid Liability Current
ContractWithCustomerPrepaidLiabilityCurrent
|
684000 | |
| CY2018Q3 | us-gaap |
Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
|
1800000 | |
| CY2018Q3 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
95000 | |
| CY2018Q2 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
172068000 | |
| CY2018Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
|
1491000 | |
| CY2018Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
|
533000 | |
| CY2018Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
|
343000 | |
| CY2018Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
|
486000 | |
| CY2018Q3 | us-gaap |
Lease And Rental Expense
LeaseAndRentalExpense
|
1000000 | |
| CY2017Q3 | us-gaap |
Lease And Rental Expense
LeaseAndRentalExpense
|
800000 | |
| CY2018Q3 | qnst |
Operating Lease Expiration Year End
OperatingLeaseExpirationYearEnd
|
2026 | |
| CY2018Q3 | us-gaap |
Operating Leases Future Minimum Payments Remainder Of Fiscal Year
OperatingLeasesFutureMinimumPaymentsRemainderOfFiscalYear
|
1151000 | |
| CY2018Q3 | us-gaap |
Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
|
2862000 | |
| CY2018Q3 | us-gaap |
Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
|
3597000 | |
| CY2018Q3 | us-gaap |
Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
|
3580000 | |
| CY2018Q3 | us-gaap |
Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
|
3368000 | |
| CY2018Q3 | us-gaap |
Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
|
1348000 | |
| CY2018Q3 | us-gaap |
Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
|
15906000 | |
| CY2018Q3 | qnst |
Liabilities Related To Indemnification Agreement
LiabilitiesRelatedToIndemnificationAgreement
|
0 | |
| CY2018Q2 | qnst |
Liabilities Related To Indemnification Agreement
LiabilitiesRelatedToIndemnificationAgreement
|
0 | |
| CY2018Q3 | qnst |
Accrual For Indemnification Provisions
AccrualForIndemnificationProvisions
|
0 | |
| CY2018Q2 | qnst |
Accrual For Indemnification Provisions
AccrualForIndemnificationProvisions
|
0 | |
| CY2018Q3 | qnst |
Letters Of Credit For Fidelity Bonds
LettersOfCreditForFidelityBonds
|
400000 | |
| CY2018Q3 | qnst |
Letters Of Credit For Operating Lease
LettersOfCreditForOperatingLease
|
500000 | |
| CY2018Q3 | qnst |
Period Of Cancellation Of Letter Of Credit From Annual Expiration Date
PeriodOfCancellationOfLetterOfCreditFromAnnualExpirationDate
|
P30D | |
| CY2018Q3 | us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
1 |
