2017 Q2 Form 10-Q Financial Statement
#000141038417000070 Filed on May 04, 2017
Income Statement
Concept | 2017 Q2 | 2017 Q1 | 2016 Q1 |
---|---|---|---|
Revenue | $47.63M | $44.53M | $33.76M |
YoY Change | 32.27% | 31.92% | 39.75% |
Cost Of Revenue | $24.33M | $22.77M | $17.81M |
YoY Change | 28.92% | 27.83% | 34.22% |
Gross Profit | $23.30M | $21.76M | $15.95M |
YoY Change | 35.96% | 36.48% | 46.49% |
Gross Profit Margin | 48.92% | 48.87% | 47.23% |
Selling, General & Admin | $20.36M | $18.33M | $15.63M |
YoY Change | 19.45% | 17.29% | 38.07% |
% of Gross Profit | 87.41% | 84.23% | 98.01% |
Research & Development | $9.922M | $9.651M | $7.903M |
YoY Change | 26.72% | 22.12% | 90.39% |
% of Gross Profit | 42.59% | 44.35% | 49.56% |
Depreciation & Amortization | $3.700M | $3.525M | $2.927M |
YoY Change | 25.85% | 20.43% | 143.31% |
% of Gross Profit | 15.88% | 16.2% | 18.36% |
Operating Expenses | $31.01M | $28.70M | $25.38M |
YoY Change | 15.9% | 13.08% | 64.07% |
Operating Profit | -$7.713M | -$6.938M | -$9.436M |
YoY Change | -19.82% | -26.47% | 105.8% |
Interest Expense | $100.0K | $0.00 | $0.00 |
YoY Change | -200.0% | ||
% of Operating Profit | |||
Other Income/Expense, Net | $109.0K | $34.00K | $14.00K |
YoY Change | -228.24% | 142.86% | -150.0% |
Pretax Income | -$7.604M | -$6.904M | -$9.422M |
YoY Change | -21.65% | -26.72% | 104.25% |
Income Tax | $217.0K | $136.0K | $230.0K |
% Of Pretax Income | |||
Net Earnings | -$7.821M | -$7.040M | -$9.652M |
YoY Change | -19.44% | -27.06% | 107.79% |
Net Earnings / Revenue | -16.42% | -15.81% | -28.59% |
Basic Earnings Per Share | |||
Diluted Earnings Per Share | -$189.8K | -$172.4K | -$248.7K |
COMMON SHARES | |||
Basic Shares Outstanding | 40.95M shares | 40.47M shares | 38.96M shares |
Diluted Shares Outstanding |
Balance Sheet
Concept | 2017 Q2 | 2017 Q1 | 2016 Q1 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $78.70M | $82.20M | $105.0M |
YoY Change | -17.68% | -21.71% | -12.28% |
Cash & Equivalents | $34.47M | $42.76M | $55.26M |
Short-Term Investments | $44.20M | $39.40M | $49.70M |
Other Short-Term Assets | $18.60M | $19.00M | $14.80M |
YoY Change | 3.91% | 28.38% | 43.69% |
Inventory | |||
Prepaid Expenses | |||
Receivables | $15.01M | $8.449M | $8.735M |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $112.2M | $109.6M | $128.4M |
YoY Change | -9.55% | -14.63% | -6.35% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $31.57M | $31.70M | $27.49M |
YoY Change | 13.53% | 15.31% | 44.68% |
Goodwill | $12.88M | $12.90M | $12.90M |
YoY Change | 0.0% | 0.0% | |
Intangibles | $14.72M | $15.91M | $16.59M |
YoY Change | -8.32% | -4.12% | |
Long-Term Investments | |||
YoY Change | |||
Other Assets | $513.0K | $496.0K | $615.0K |
YoY Change | -4.82% | -19.35% | -46.1% |
Total Long-Term Assets | $81.16M | $81.94M | $75.15M |
YoY Change | 6.57% | 9.04% | 121.77% |
TOTAL ASSETS | |||
Total Short-Term Assets | $112.2M | $109.6M | $128.4M |
Total Long-Term Assets | $81.16M | $81.94M | $75.15M |
Total Assets | $193.4M | $191.6M | $203.6M |
YoY Change | -3.42% | -5.9% | 19.03% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $5.306M | $5.769M | $4.872M |
YoY Change | -3.75% | 18.41% | 41.46% |
Accrued Expenses | $5.863M | $9.583M | $10.15M |
YoY Change | -45.48% | -5.6% | -1.8% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | $100.0K | ||
YoY Change | -66.67% | ||
Total Short-Term Liabilities | $51.96M | $51.62M | $48.66M |
YoY Change | -0.88% | 6.08% | 37.15% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | -100.0% | ||
Other Long-Term Liabilities | $586.0K | $473.0K | $2.710M |
YoY Change | 163.96% | -82.55% | 282.23% |
Total Long-Term Liabilities | $586.0K | $473.0K | $2.710M |
YoY Change | 163.96% | -82.55% | 282.23% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $51.96M | $51.62M | $48.66M |
Total Long-Term Liabilities | $586.0K | $473.0K | $2.710M |
Total Liabilities | $93.05M | $91.21M | $91.82M |
YoY Change | -0.37% | -0.67% | 48.53% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$140.8M | -$133.0M | -$99.08M |
YoY Change | 29.43% | 34.22% | 43.57% |
Common Stock | |||
YoY Change | |||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | $597.0K | $455.0K | $44.00K |
YoY Change | 198.5% | 934.09% | 62.96% |
Treasury Stock Shares | 20.84K shares | 17.00K shares | 2.000K shares |
Shareholders Equity | $100.3M | $100.4M | $111.8M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $193.4M | $191.6M | $203.6M |
YoY Change | -3.42% | -5.9% | 19.03% |
Cashflow Statement
Concept | 2017 Q2 | 2017 Q1 | 2016 Q1 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$7.821M | -$7.040M | -$9.652M |
YoY Change | -19.44% | -27.06% | 107.79% |
Depreciation, Depletion And Amortization | $3.700M | $3.525M | $2.927M |
YoY Change | 25.85% | 20.43% | 143.31% |
Cash From Operating Activities | $410.0K | -$10.67M | $187.0K |
YoY Change | -115.89% | -5804.81% | -107.07% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$2.500M | $5.361M | $3.590M |
YoY Change | -57.19% | 49.33% | 723.39% |
Acquisitions | $1.316M | $95.00K | |
YoY Change | 1285.26% | ||
Other Investing Activities | -$8.990M | $1.450M | -$6.280M |
YoY Change | -237.67% | -123.09% | 35.05% |
Cash From Investing Activities | -$11.48M | -$4.439M | -$10.51M |
YoY Change | -1788.24% | -57.75% | 106.57% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 2.790M | $2.990M | -$1.471M |
YoY Change | -432.14% | -303.26% | -104.34% |
NET CHANGE | |||
Cash From Operating Activities | 410.0K | -$10.67M | $187.0K |
Cash From Investing Activities | -11.48M | -$4.439M | -$10.51M |
Cash From Financing Activities | 2.790M | $2.990M | -$1.471M |
Net Change In Cash | -8.280M | -$12.12M | -$11.79M |
YoY Change | 202.19% | 2.77% | -145.02% |
FREE CASH FLOW | |||
Cash From Operating Activities | $410.0K | -$10.67M | $187.0K |
Capital Expenditures | -$2.500M | $5.361M | $3.590M |
Free Cash Flow | $2.910M | -$16.03M | -$3.403M |
YoY Change | -10.74% | 371.03% | 10.49% |
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DeferredCompensationLiabilityCurrent
|
7484000 | USD |
CY2016Q4 | us-gaap |
Deferred Rent Credit Noncurrent
DeferredRentCreditNoncurrent
|
9466000 | USD |
CY2017Q1 | us-gaap |
Deferred Rent Credit Noncurrent
DeferredRentCreditNoncurrent
|
9181000 | USD |
CY2016Q4 | us-gaap |
Deferred Revenue Current
DeferredRevenueCurrent
|
30123000 | USD |
CY2016Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
2927000 | USD |
CY2017Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
3525000 | USD |
CY2016Q1 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.25 | |
CY2017Q1 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.17 | |
CY2016Q1 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.024 | |
CY2017Q1 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.025 | |
CY2017Q1 | us-gaap |
Escrow Deposit
EscrowDeposit
|
200000 | USD |
CY2016Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
5871000 | USD |
CY2017Q1 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
7198000 | USD |
CY2016Q4 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
21079000 | USD |
CY2017Q1 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
23105000 | USD |
CY2016Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
15208000 | USD |
CY2017Q1 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
15907000 | USD |
CY2017Q1 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
15907000 | USD |
CY2017Q1 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
51617000 | USD |
CY2016Q4 | us-gaap |
Marketable Securities Current
MarketableSecuritiesCurrent
|
42249000 | USD |
CY2017Q1 | us-gaap |
Marketable Securities Current
MarketableSecuritiesCurrent
|
39409000 | USD |
CY2017Q1 | us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
-3114000 | USD |
CY2016Q1 | us-gaap |
Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
|
49000 | USD |
CY2017Q1 | us-gaap |
Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
|
28000 | USD |
CY2016Q1 | us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
449000 | USD |
CY2017Q1 | us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
-285000 | USD |
CY2016Q1 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
2067000 | USD |
CY2017Q1 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
2805000 | USD |
CY2016Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
15208000 | USD |
CY2016Q1 | us-gaap |
Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
|
0 | USD |
CY2017Q1 | us-gaap |
Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
|
-4000 | USD |
CY2016Q1 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
7421000 | USD |
CY2017Q1 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
8452000 | USD |
CY2016Q4 | us-gaap |
Goodwill
Goodwill
|
12900000 | USD |
CY2016Q4 | us-gaap |
Goodwill
Goodwill
|
12876000 | USD |
CY2017Q1 | us-gaap |
Goodwill
Goodwill
|
12876000 | USD |
CY2017Q1 | us-gaap |
Goodwill
Goodwill
|
12900000 | USD |
CY2017Q1 | us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
0 | USD |
CY2016Q1 | us-gaap |
Gross Profit
GrossProfit
|
15945000 | USD |
CY2017Q1 | us-gaap |
Gross Profit
GrossProfit
|
21762000 | USD |
CY2016Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-9422000 | USD |
CY2017Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-6904000 | USD |
CY2016Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
230000 | USD |
CY2017Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
136000 | USD |
CY2016Q1 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
1200000 | USD |
CY2017Q1 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
1293000 | USD |
CY2016Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-250000 | USD |
CY2017Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-3802000 | USD |
CY2016Q1 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
942000 | USD |
CY2017Q1 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
-8756000 | USD |
CY2016Q1 | us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
4026000 | USD |
CY2016Q1 | us-gaap |
Interest Income Other
InterestIncomeOther
|
83000 | USD |
CY2017Q1 | us-gaap |
Interest Income Other
InterestIncomeOther
|
108000 | USD |
CY2016Q1 | us-gaap |
Interest Paid
InterestPaid
|
50000 | USD |
CY2017Q1 | us-gaap |
Interest Paid
InterestPaid
|
43000 | USD |
CY2016Q1 | us-gaap |
Investment Income Amortization Of Premium
InvestmentIncomeAmortizationOfPremium
|
102000 | USD |
CY2017Q1 | us-gaap |
Investment Income Amortization Of Premium
InvestmentIncomeAmortizationOfPremium
|
69000 | USD |
CY2016Q1 | us-gaap |
Lease And Rental Expense
LeaseAndRentalExpense
|
900000 | USD |
CY2017Q1 | us-gaap |
Lease And Rental Expense
LeaseAndRentalExpense
|
1100000 | USD |
CY2016Q4 | us-gaap |
Liabilities
Liabilities
|
100745000 | USD |
CY2017Q1 | us-gaap |
Liabilities
Liabilities
|
91206000 | USD |
CY2016Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
200980000 | USD |
CY2017Q1 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
191586000 | USD |
CY2016Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
59211000 | USD |
CY2017Q1 | us-gaap |
Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
|
2939000 | USD |
CY2016Q1 | us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
95000 | USD |
CY2016Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-1471000 | USD |
CY2017Q1 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
496000 | USD |
CY2016Q1 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
89000 | USD |
CY2017Q1 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
-1000 | USD |
CY2016Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
361000 | USD |
CY2017Q1 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
473000 | USD |
CY2016Q1 | us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
3000 | USD |
CY2017Q1 | us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
39000 | USD |
CY2016Q1 | us-gaap |
Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
|
10962000 | USD |
CY2017Q1 | us-gaap |
Other Amortization Of Deferred Charges
OtherAmortizationOfDeferredCharges
|
1719000 | USD |
CY2016Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
526000 | USD |
CY2017Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
2990000 | USD |
CY2016Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-10506000 | USD |
CY2017Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-4439000 | USD |
CY2016Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
187000 | USD |
CY2017Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-10668000 | USD |
CY2016Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-9652000 | USD |
CY2017Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-7040000 | USD |
CY2016Q1 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
14000 | USD |
CY2017Q1 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
34000 | USD |
CY2017Q1 | us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
1 | operating_segment |
CY2017Q1 | us-gaap |
Number Of Reporting Units
NumberOfReportingUnits
|
1 | reporting_unit |
CY2016Q1 | us-gaap |
Operating Expenses
OperatingExpenses
|
25381000 | USD |
CY2017Q1 | us-gaap |
Operating Expenses
OperatingExpenses
|
28700000 | USD |
CY2016Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-9436000 | USD |
CY2017Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-6938000 | USD |
CY2016Q1 | us-gaap |
Other Amortization Of Deferred Charges
OtherAmortizationOfDeferredCharges
|
1636000 | USD |
CY2017Q1 | us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
1316000 | USD |
CY2016Q1 | us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
563000 | USD |
CY2017Q1 | us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
532000 | USD |
CY2016Q1 | us-gaap |
Payments To Acquire Other Productive Assets
PaymentsToAcquireOtherProductiveAssets
|
75000 | USD |
CY2017Q1 | us-gaap |
Payments To Acquire Other Productive Assets
PaymentsToAcquireOtherProductiveAssets
|
0 | USD |
CY2017Q1 | us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
1500000 | USD |
CY2016Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
3590000 | USD |
CY2017Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
5361000 | USD |
CY2016Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.0001 | |
CY2017Q1 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.0001 | |
CY2016Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
5000000 | shares |
CY2017Q1 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
5000000 | shares |
CY2016Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2017Q1 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2016Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2017Q1 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2016Q4 | us-gaap |
Preferred Stock Value Outstanding
PreferredStockValueOutstanding
|
0 | USD |
CY2017Q1 | us-gaap |
Preferred Stock Value Outstanding
PreferredStockValueOutstanding
|
0 | USD |
CY2016Q4 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
3215000 | USD |
CY2017Q1 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
6017000 | USD |
CY2016Q1 | us-gaap |
Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
|
-8000 | USD |
CY2017Q1 | us-gaap |
Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
|
0 | USD |
CY2016Q1 | us-gaap |
Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
|
4779000 | USD |
CY2017Q1 | us-gaap |
Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
|
5709000 | USD |
CY2016Q1 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
727000 | USD |
CY2017Q1 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
3029000 | USD |
CY2016Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
27480000 | USD |
CY2017Q1 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
31701000 | USD |
CY2017Q1 | us-gaap |
Reimbursement Revenue
ReimbursementRevenue
|
400000 | USD |
CY2016Q1 | us-gaap |
Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
|
87000 | USD |
CY2017Q1 | us-gaap |
Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
|
0 | USD |
CY2016Q1 | us-gaap |
Repayments Of Other Debt
RepaymentsOfOtherDebt
|
2100000 | USD |
CY2017Q1 | us-gaap |
Repayments Of Other Debt
RepaymentsOfOtherDebt
|
0 | USD |
CY2016Q1 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
7903000 | USD |
CY2017Q1 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
9651000 | USD |
CY2016Q4 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
1315000 | USD |
CY2016Q1 | us-gaap |
Reimbursement Revenue
ReimbursementRevenue
|
300000 | USD |
CY2016Q4 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
16000 | shares |
CY2017Q1 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
17000 | shares |
CY2017Q1 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
1315000 | USD |
CY2016Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-125783000 | USD |
CY2017Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-132990000 | USD |
CY2016Q1 | us-gaap |
Revenues
Revenues
|
33759000 | USD |
CY2017Q1 | us-gaap |
Revenues
Revenues
|
44534000 | USD |
CY2016Q1 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
8207000 | USD |
CY2017Q1 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
9878000 | USD |
CY2016Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
2605000 | USD |
CY2017Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
4197000 | USD |
CY2017Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
|
94000 | shares |
CY2017Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
571000 | shares |
CY2016Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
4434000 | shares |
CY2017Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
4504000 | shares |
CY2016Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
12.91 | |
CY2017Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
16.32 | |
CY2017Q1 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
7.43 | |
CY2017Q1 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
|
12.38 | |
CY2017Q1 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
35.77 | |
CY2017Q1 | us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
407000 | shares |
CY2016Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
100235000 | USD |
CY2017Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
100380000 | USD |
CY2016Q4 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
417000 | USD |
CY2017Q1 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
455000 | USD |
CY2016Q4 | us-gaap |
Unbilled Receivables Current
UnbilledReceivablesCurrent
|
1200000 | USD |
CY2017Q1 | us-gaap |
Unbilled Receivables Current
UnbilledReceivablesCurrent
|
1100000 | USD |
CY2017Q1 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
0 | USD |
CY2016Q1 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
39024000 | shares |
CY2017Q1 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
40630000 | shares |
CY2017Q1 | us-gaap |
Advertising Cost Policy Expensed Advertising Cost
AdvertisingCostPolicyExpensedAdvertisingCost
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">All advertising costs of the Company are expensed the first time the advertising takes place.</font></div></div> | |
CY2017Q1 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of the accompanying interim unaudited condensed consolidated 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 interim unaudited condensed consolidated financial statements, and the reported amounts of revenues and expenses. Significant items subject to such estimates include revenue recognition, stock-based compensation, the carrying value of goodwill, the fair value of acquired intangibles, the capitalization of software development costs, the useful lives of property and equipment and long-lived intangible assets, accruals for compensation for certain employees and shareholders of recent acquisitions, and income taxes. In accordance with GAAP, management bases its estimates on historical experience and on various other assumptions that management believes are reasonable under the circumstances. Management regularly evaluates its estimates and assumptions using historical experience and other factors; however, actual results could differ significantly from those estimates.</font></div></div> | |
CY2017Q1 | 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-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Financial instruments that potentially subject the Company to concentrations of credit risk consist of cash and cash equivalents, restricted cash, investments and accounts receivable. The Company's cash and cash equivalents, restricted cash and investments are placed with high credit quality financial institutions and issuers, and at times may exceed federally-insured limits. The Company has not experienced any loss relating to cash and cash equivalents or restricted cash in these accounts. The Company provides credit, in the normal course of business, to a number of its customers. The Company performs periodic credit evaluations of its customers' financial condition and generally does not require collateral.</font></div></div> | |
CY2017Q1 | us-gaap |
Revenue Recognition Deferred Revenue
RevenueRecognitionDeferredRevenue
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Deferred revenues primarily consist of amounts that have been billed to or received from customers in advance of revenue recognition and prepayments received from customers in advance for implementation, maintenance and other services, as well as initial subscription fees. The Company recognizes deferred revenues as revenues when the services are performed and the corresponding revenue recognition criteria are met. Customer prepayments are generally applied against invoices issued to customers when services are performed and billed. Deferred revenues that are expected to be recognized as revenues during the succeeding twelve-month period are recorded in current liabilities as deferred revenues, current portion, and the remaining portion is recorded in long-term liabilities as deferred revenues, net of current portion.</font></div></div> |