2017 Form 10-K Financial Statement

#000164437817000040 Filed on December 12, 2017

View on sec.gov

Income Statement

Concept 2017 2016 Q3 2016 Q2
Revenue $271.7M $56.27M $52.21M
YoY Change 1.79% 16.95% 8.37%
Cost Of Revenue $99.75M $22.72M
YoY Change 8.44%
Gross Profit $172.0M $29.49M
YoY Change -1.7%
Gross Profit Margin 63.29% 56.49%
Selling, General & Admin $124.9M $30.50M $28.80M
YoY Change 8.51% 12.13% -2.37%
% of Gross Profit 72.63% 97.65%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $2.038M $500.0K $300.0K
YoY Change 15.27% 25.0% -40.0%
% of Gross Profit 1.19% 1.02%
Operating Expenses $136.2M $30.90M $30.37M
YoY Change 13.25% 11.96% 1.24%
Operating Profit $135.6M $21.84M
YoY Change -7.59%
Interest Expense $1.600M $100.0K $100.0K
YoY Change 700.0% -108.33%
% of Operating Profit 1.18% 0.46%
Other Income/Expense, Net
YoY Change
Pretax Income $137.0M $23.50M $21.91M
YoY Change -6.81% 14.63% 29.62%
Income Tax $28.25M $4.700M $4.504M
% Of Pretax Income 20.63% 20.0% 20.56%
Net Earnings $42.29M $7.374M $6.698M
YoY Change 13.57% 16.44% 590.52%
Net Earnings / Revenue 15.56% 13.11% 12.83%
Basic Earnings Per Share $2.63 $0.42
Diluted Earnings Per Share $2.63 $462.5K $0.42
COMMON SHARES
Basic Shares Outstanding 16.03M shares 16.01M shares
Diluted Shares Outstanding 16.05M shares 16.01M shares

Balance Sheet

Concept 2017 2016 Q3 2016 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $108.6M $65.80M $81.10M
YoY Change 65.05% 90.72% 206.04%
Cash & Equivalents $108.6M $65.83M $81.14M
Short-Term Investments
Other Short-Term Assets $7.100M $4.700M $4.900M
YoY Change 51.06% 62.07% -18.33%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $140.9M $95.39M $108.6M
YoY Change 47.69% 72.34% 101.48%
LONG-TERM ASSETS
Property, Plant & Equipment $3.300M $3.802M $4.000M
YoY Change -13.16% -18.74% -11.11%
Goodwill $2.295M
YoY Change
Intangibles $1.085M
YoY Change
Long-Term Investments $12.20M $0.00
YoY Change
Other Assets $217.5M $181.4M $229.1M
YoY Change -4.27% -4.93% -4.9%
Total Long-Term Assets $242.8M $242.1M $238.0M
YoY Change 0.29% -2.57% -4.91%
TOTAL ASSETS
Total Short-Term Assets $140.9M $95.39M $108.6M
Total Long-Term Assets $242.8M $242.1M $238.0M
Total Assets $383.7M $337.5M $346.6M
YoY Change 13.69% 11.07% 13.94%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $26.40M $20.60M $35.10M
YoY Change 28.16% 11.96% -0.57%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $26.40M $20.58M $35.10M
YoY Change 28.16% 11.61% -0.57%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $67.60M $70.60M $70.50M
YoY Change -4.25% -1.67% -0.7%
Total Long-Term Liabilities $67.60M $70.60M $70.50M
YoY Change -4.25% -1.67% -0.7%
TOTAL LIABILITIES
Total Short-Term Liabilities $26.40M $20.58M $35.10M
Total Long-Term Liabilities $67.60M $70.60M $70.50M
Total Liabilities $234.2M $91.14M $228.9M
YoY Change 8.53% 1.0% 9.31%
SHAREHOLDERS EQUITY
Retained Earnings $44.54M
YoY Change 509.93%
Common Stock $94.27M
YoY Change 0.9%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $149.5M $121.7M $117.7M
YoY Change
Total Liabilities & Shareholders Equity $383.7M $337.5M $346.6M
YoY Change 13.69% 11.07% 13.94%

Cashflow Statement

Concept 2017 2016 Q3 2016 Q2
OPERATING ACTIVITIES
Net Income $42.29M $7.374M $6.698M
YoY Change 13.57% 16.44% 590.52%
Depreciation, Depletion And Amortization $2.038M $500.0K $300.0K
YoY Change 15.27% 25.0% -40.0%
Cash From Operating Activities $125.9M $2.300M $25.50M
YoY Change 26.28% -72.94% 40.11%
INVESTING ACTIVITIES
Capital Expenditures $827.0K -$100.0K $0.00
YoY Change -22.71% -50.0% -100.0%
Acquisitions
YoY Change
Other Investing Activities -$12.00M -$2.500M $0.00
YoY Change 380.0% -100.0%
Cash From Investing Activities -$12.83M -$2.500M $0.00
YoY Change 261.48% 1150.0% -100.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $358.0K
YoY Change 293.41%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$70.30M -15.10M -14.90M
YoY Change 8.37% 7450.0% -89.95%
NET CHANGE
Cash From Operating Activities $125.9M 2.300M 25.50M
Cash From Investing Activities -$12.83M -2.500M 0.000
Cash From Financing Activities -$70.30M -15.10M -14.90M
Net Change In Cash $42.81M -15.30M 10.60M
YoY Change 36.71% -288.89% -106.12%
FREE CASH FLOW
Cash From Operating Activities $125.9M $2.300M $25.50M
Capital Expenditures $827.0K -$100.0K $0.00
Free Cash Flow $125.1M $2.400M $25.50M
YoY Change 26.81% -72.41% 33.51%

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CY2017 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
278000 USD
CY2016Q3 us-gaap Deferred Rent Credit Noncurrent
DeferredRentCreditNoncurrent
778000 USD
CY2017Q3 us-gaap Deferred Rent Credit Noncurrent
DeferredRentCreditNoncurrent
1028000 USD
CY2015 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
512000 USD
CY2016 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
97000 USD
CY2017 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
33000 USD
CY2016Q3 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
46025000 USD
CY2017Q3 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
45747000 USD
CY2016Q3 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
45819000 USD
CY2017Q3 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
45541000 USD
CY2016Q3 us-gaap Deferred Tax Assets Tax Deferred Expense Other
DeferredTaxAssetsTaxDeferredExpenseOther
206000 USD
CY2017Q3 us-gaap Deferred Tax Assets Tax Deferred Expense Other
DeferredTaxAssetsTaxDeferredExpenseOther
206000 USD
CY2016Q3 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
206000 USD
CY2017Q3 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
206000 USD
CY2015 us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
1326000 USD
CY2016 us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
1557000 USD
CY2017 us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
1789000 USD
CY2015 us-gaap Depreciation
Depreciation
1155000 USD
CY2016 us-gaap Depreciation
Depreciation
1105000 USD
CY2017 us-gaap Depreciation
Depreciation
968000 USD
CY2015 us-gaap Depreciation And Amortization
DepreciationAndAmortization
2117000 USD
CY2016 us-gaap Depreciation And Amortization
DepreciationAndAmortization
1768000 USD
CY2017 us-gaap Depreciation And Amortization
DepreciationAndAmortization
2038000 USD
CY2015 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
2117000 USD
CY2016 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
1768000 USD
CY2017 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
2038000 USD
CY2015 us-gaap Dividend Income Operating
DividendIncomeOperating
1259000 USD
CY2016 us-gaap Dividend Income Operating
DividendIncomeOperating
0 USD
CY2017 us-gaap Dividend Income Operating
DividendIncomeOperating
0 USD
CY2016 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
33338000 USD
CY2017 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
31089000 USD
CY2016Q3 us-gaap Due From Related Parties
DueFromRelatedParties
32616000 USD
CY2017Q3 us-gaap Due From Related Parties
DueFromRelatedParties
32712000 USD
CY2016Q3 us-gaap Due From Related Parties Current
DueFromRelatedPartiesCurrent
24862000 USD
CY2017Q3 us-gaap Due From Related Parties Current
DueFromRelatedPartiesCurrent
25161000 USD
CY2016Q3 us-gaap Due From Related Parties Noncurrent
DueFromRelatedPartiesNoncurrent
7754000 USD
CY2017Q3 us-gaap Due From Related Parties Noncurrent
DueFromRelatedPartiesNoncurrent
7551000 USD
CY2015 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.46
CY2016 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.33
CY2017 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.63
CY2015 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.46
CY2015Q4 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
1.07
CY2016Q1 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.38
CY2016Q2 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.42
CY2016Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.46
CY2016 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
2.33
CY2016Q4 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
1.46
CY2017Q1 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.43
CY2017Q2 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.43
CY2017Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.31
CY2017 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
2.63
CY2015 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.46
CY2016 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.33
CY2017 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.63
CY2015 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-35000 USD
CY2016 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
23000 USD
CY2017 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-1000 USD
CY2015 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.059
CY2016 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.167
CY2017 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.206
CY2015 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35
CY2016 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35
CY2017 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35
CY2015 us-gaap Effective Income Tax Rate Reconciliation Minority Interest Income Expense
EffectiveIncomeTaxRateReconciliationMinorityInterestIncomeExpense
-0.299
CY2016 us-gaap Effective Income Tax Rate Reconciliation Minority Interest Income Expense
EffectiveIncomeTaxRateReconciliationMinorityInterestIncomeExpense
-0.214
CY2017 us-gaap Effective Income Tax Rate Reconciliation Minority Interest Income Expense
EffectiveIncomeTaxRateReconciliationMinorityInterestIncomeExpense
-0.169
CY2015 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense
EffectiveIncomeTaxRateReconciliationNondeductibleExpense
0.001
CY2016 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense
EffectiveIncomeTaxRateReconciliationNondeductibleExpense
0.000
CY2017 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense
EffectiveIncomeTaxRateReconciliationNondeductibleExpense
0.000
CY2015 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.007
CY2016 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.031
CY2017 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.025
CY2015 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
0 USD
CY2016 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
0 USD
CY2017 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
70000 USD
CY2016Q3 us-gaap Equity Method Investments
EquityMethodInvestments
0 USD
CY2017Q3 us-gaap Equity Method Investments
EquityMethodInvestments
12162000 USD
CY2015 us-gaap Fair Value Of Assets Acquired
FairValueOfAssetsAcquired
193806000 USD
CY2016 us-gaap Fair Value Of Assets Acquired
FairValueOfAssetsAcquired
0 USD
CY2017 us-gaap Fair Value Of Assets Acquired
FairValueOfAssetsAcquired
0 USD
CY2017Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
87000 USD
CY2017Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
36000 USD
CY2017Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
42000 USD
CY2017Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
47000 USD
CY2017Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
51000 USD
CY2016Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
1085000 USD
CY2017Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
462000 USD
CY2016Q3 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
5024000 USD
CY2017Q3 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
4800000 USD
CY2015 us-gaap Gain Loss On Sale Of Securities Net
GainLossOnSaleOfSecuritiesNet
15000 USD
CY2016 us-gaap Gain Loss On Sale Of Securities Net
GainLossOnSaleOfSecuritiesNet
0 USD
CY2017 us-gaap Gain Loss On Sale Of Securities Net
GainLossOnSaleOfSecuritiesNet
0 USD
CY2015 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
21081000 USD
CY2016 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
23163000 USD
CY2017 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
25189000 USD
CY2016Q3 us-gaap Goodwill
Goodwill
2295000 USD
CY2017Q3 us-gaap Goodwill
Goodwill
1859000 USD
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
82377000 USD
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
146978000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
136971000 USD
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
-108000 USD
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
-44000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
-51000 USD
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
82154000 USD
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
146934000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
137126000 USD
CY2015 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
115000 USD
CY2016 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
0 USD
CY2017 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-206000 USD
CY2015 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4848000 USD
CY2016 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
24573000 USD
CY2017 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
28251000 USD
CY2015 us-gaap Income Taxes Paid
IncomeTaxesPaid
217000 USD
CY2016 us-gaap Income Taxes Paid
IncomeTaxesPaid
25811000 USD
CY2017 us-gaap Income Taxes Paid
IncomeTaxesPaid
27765000 USD
CY2015 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
287000 USD
CY2016 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-1562000 USD
CY2017 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
6385000 USD
CY2015 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-26229000 USD
CY2016 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
0 USD
CY2017 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
0 USD
CY2015 us-gaap Increase Decrease In Due From Related Parties
IncreaseDecreaseInDueFromRelatedParties
-29166000 USD
CY2016 us-gaap Increase Decrease In Due From Related Parties
IncreaseDecreaseInDueFromRelatedParties
6298000 USD
CY2015 us-gaap Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
-32279000 USD
CY2017 us-gaap Increase Decrease In Due From Related Parties
IncreaseDecreaseInDueFromRelatedParties
366000 USD
CY2016 us-gaap Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
0 USD
CY2017 us-gaap Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
0 USD
CY2015 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-3755000 USD
CY2016 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
1401000 USD
CY2017 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
2402000 USD
CY2015 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2016 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2017 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
16000 shares
CY2015 us-gaap Interest And Other Income
InterestAndOtherIncome
1732000 USD
CY2016 us-gaap Interest And Other Income
InterestAndOtherIncome
234000 USD
CY2017 us-gaap Interest And Other Income
InterestAndOtherIncome
1565000 USD
CY2015 us-gaap Investment Advisory Fees
InvestmentAdvisoryFees
2380000 USD
CY2016 us-gaap Investment Advisory Fees
InvestmentAdvisoryFees
2620000 USD
CY2017 us-gaap Investment Advisory Fees
InvestmentAdvisoryFees
4102000 USD
CY2015 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
4426000 USD
CY2016 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
4650000 USD
CY2017 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
4933000 USD
CY2016Q3 us-gaap Leasehold Improvements Gross
LeaseholdImprovementsGross
1077000 USD
CY2017Q3 us-gaap Leasehold Improvements Gross
LeaseholdImprovementsGross
1094000 USD
CY2016Q3 us-gaap Liabilities
Liabilities
91140000 USD
CY2017Q3 us-gaap Liabilities
Liabilities
94056000 USD
CY2016Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
337531000 USD
CY2017Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
383719000 USD
CY2016Q3 us-gaap Liabilities Current
LiabilitiesCurrent
20579000 USD
CY2017Q3 us-gaap Liabilities Current
LiabilitiesCurrent
26414000 USD
CY2015Q4 us-gaap Management Fees Incentive Revenue
ManagementFeesIncentiveRevenue
62263000 USD
CY2016Q4 us-gaap Management Fees Incentive Revenue
ManagementFeesIncentiveRevenue
52407000 USD
CY2015 us-gaap Management Fees Revenue
ManagementFeesRevenue
162326000 USD
CY2016 us-gaap Management Fees Revenue
ManagementFeesRevenue
226660000 USD
CY2017 us-gaap Management Fees Revenue
ManagementFeesRevenue
227294000 USD
CY2016Q3 us-gaap Minority Interest
MinorityInterest
124677000 USD
CY2017Q3 us-gaap Minority Interest
MinorityInterest
140132000 USD
CY2015 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-166430000 USD
CY2016 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-64867000 USD
CY2017 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-70299000 USD
CY2015 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-42849000 USD
CY2016 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-3549000 USD
CY2017 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-12829000 USD
CY2015 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
102080000 USD
CY2016 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
99729000 USD
CY2017 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
125936000 USD
CY2015 us-gaap Net Income Loss
NetIncomeLoss
7303000 USD
CY2015Q4 us-gaap Net Income Loss
NetIncomeLoss
17054000 USD
CY2016Q1 us-gaap Net Income Loss
NetIncomeLoss
6114000 USD
CY2016Q2 us-gaap Net Income Loss
NetIncomeLoss
6698000 USD
CY2016Q3 us-gaap Net Income Loss
NetIncomeLoss
7374000 USD
CY2017 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
1000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-460000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
189000 USD
CY2015 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-271000 USD
CY2016 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
19000 USD
CY2016 us-gaap Net Income Loss
NetIncomeLoss
37240000 USD
CY2016Q4 us-gaap Net Income Loss
NetIncomeLoss
23510000 USD
CY2017Q1 us-gaap Net Income Loss
NetIncomeLoss
6883000 USD
CY2017Q2 us-gaap Net Income Loss
NetIncomeLoss
6857000 USD
CY2017Q3 us-gaap Net Income Loss
NetIncomeLoss
5043000 USD
CY2017 us-gaap Net Income Loss
NetIncomeLoss
42293000 USD
CY2015 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
70118000 USD
CY2016 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
85121000 USD
CY2017 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
66376000 USD
CY2015 us-gaap Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
7303000 USD
CY2016 us-gaap Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
37234000 USD
CY2017 us-gaap Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
42135000 USD
CY2015 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
7303000 USD
CY2016 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
37234000 USD
CY2017 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
42135000 USD
CY2015 us-gaap Noncontrolling Interest In Net Income Loss Other Noncontrolling Interests Nonredeemable
NoncontrollingInterestInNetIncomeLossOtherNoncontrollingInterestsNonredeemable
11538000 USD
CY2016 us-gaap Noncontrolling Interest In Net Income Loss Other Noncontrolling Interests Nonredeemable
NoncontrollingInterestInNetIncomeLossOtherNoncontrollingInterestsNonredeemable
58510000 USD
CY2017 us-gaap Noncontrolling Interest In Net Income Loss Other Noncontrolling Interests Nonredeemable
NoncontrollingInterestInNetIncomeLossOtherNoncontrollingInterestsNonredeemable
66376000 USD
CY2017 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 segment
CY2015 us-gaap Operating Income Loss
OperatingIncomeLoss
80712000 USD
CY2016 us-gaap Operating Income Loss
OperatingIncomeLoss
146700000 USD
CY2017 us-gaap Operating Income Loss
OperatingIncomeLoss
135561000 USD
CY2017Q3 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
26701000 USD
CY2017Q3 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
3929000 USD
CY2017Q3 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
3327000 USD
CY2017Q3 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
3214000 USD
CY2017Q3 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
3361000 USD
CY2017Q3 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
3829000 USD
CY2017Q3 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
9041000 USD
CY2016Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
181391000 USD
CY2017Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
171975000 USD
CY2015 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
-54000 USD
CY2016 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
0 USD
CY2017 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
0 USD
CY2015 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-252000 USD
CY2016 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
19000 USD
CY2017 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
1000 USD
us-gaap Partners Capital Account Distributions
PartnersCapitalAccountDistributions
224139000 USD
CY2015 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 USD
CY2016 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
91000 USD
CY2017 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
358000 USD
CY2015 us-gaap Payments Of Capital Distribution
PaymentsOfCapitalDistribution
224336000 USD
CY2016 us-gaap Payments Of Capital Distribution
PaymentsOfCapitalDistribution
0 USD
CY2017 us-gaap Payments Of Capital Distribution
PaymentsOfCapitalDistribution
0 USD
CY2015 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
0 USD
CY2016 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
17209000 USD
CY2017Q3 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
7092000 USD
CY2015 us-gaap Proceeds From Dividends Received
ProceedsFromDividendsReceived
1237000 USD
CY2016 us-gaap Profit Loss
ProfitLoss
122361000 USD
CY2016Q4 us-gaap Profit Loss
ProfitLoss
60200000 USD
CY2016Q3 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
4690000 USD
CY2016Q3 us-gaap Profit Loss
ProfitLoss
18832000 USD
CY2017 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
16089000 USD
CY2015 us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
0 USD
CY2016 us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
2479000 USD
CY2017 us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
0 USD
CY2015 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
0 USD
CY2016 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
0 USD
CY2017 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
12002000 USD
CY2015 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
46386000 USD
CY2016 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
0 USD
CY2017 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
0 USD
CY2015 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1404000 USD
CY2016 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1070000 USD
CY2017 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
827000 USD
CY2016 us-gaap Proceeds From Dividends Received
ProceedsFromDividendsReceived
0 USD
CY2017 us-gaap Proceeds From Dividends Received
ProceedsFromDividendsReceived
0 USD
CY2015 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
57906000 USD
CY2016 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 USD
CY2017 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 USD
CY2015 us-gaap Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
2369000 USD
CY2016 us-gaap Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
0 USD
CY2017 us-gaap Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
0 USD
CY2015 us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
1335000 USD
CY2016 us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
0 USD
CY2017 us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
0 USD
us-gaap Profit Loss
ProfitLoss
58580000 USD
us-gaap Profit Loss
ProfitLoss
18841000 USD
CY2015 us-gaap Profit Loss
ProfitLoss
77421000 USD
CY2015Q4 us-gaap Profit Loss
ProfitLoss
70379000 USD
CY2016Q1 us-gaap Profit Loss
ProfitLoss
15748000 USD
CY2016Q2 us-gaap Profit Loss
ProfitLoss
17402000 USD
CY2017Q1 us-gaap Profit Loss
ProfitLoss
17748000 USD
CY2017Q2 us-gaap Profit Loss
ProfitLoss
17605000 USD
CY2017Q3 us-gaap Profit Loss
ProfitLoss
13116000 USD
CY2017 us-gaap Profit Loss
ProfitLoss
108669000 USD
CY2015 us-gaap Property Management Fee Revenue
PropertyManagementFeeRevenue
29685000 USD
CY2016 us-gaap Property Management Fee Revenue
PropertyManagementFeeRevenue
33615000 USD
CY2017 us-gaap Property Management Fee Revenue
PropertyManagementFeeRevenue
34823000 USD
CY2016Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
10351000 USD
CY2017Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
7770000 USD
CY2016Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
3802000 USD
CY2017Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
3276000 USD
CY2016 us-gaap Reimbursement Revenue
ReimbursementRevenue
37660000 USD
CY2015 us-gaap Reimbursement Revenue
ReimbursementRevenue
28230000 USD
CY2017 us-gaap Reimbursement Revenue
ReimbursementRevenue
40332000 USD
CY2016Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
44543000 USD
CY2017Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
86836000 USD
CY2015 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
186656000 USD
CY2016 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
266578000 USD
CY2017 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
269677000 USD
CY2015 us-gaap Revenues
Revenues
192936000 USD
CY2015Q4 us-gaap Revenues
Revenues
110130000 USD
CY2016Q1 us-gaap Revenues
Revenues
48333000 USD
CY2016Q2 us-gaap Revenues
Revenues
52211000 USD
CY2016Q3 us-gaap Revenues
Revenues
56266000 USD
CY2016 us-gaap Revenues
Revenues
266940000 USD
CY2016Q4 us-gaap Revenues
Revenues
105294000 USD
CY2017Q1 us-gaap Revenues
Revenues
54296000 USD
CY2017Q2 us-gaap Revenues
Revenues
55502000 USD
CY2017Q3 us-gaap Revenues
Revenues
56636000 USD
CY2017 us-gaap Revenues
Revenues
271728000 USD
CY2015 us-gaap Severance Costs1
SeveranceCosts1
116000 USD
CY2016 us-gaap Severance Costs1
SeveranceCosts1
1358000 USD
CY2017 us-gaap Severance Costs1
SeveranceCosts1
0 USD
CY2015 us-gaap Share Based Compensation
ShareBasedCompensation
5931000 USD
CY2016 us-gaap Share Based Compensation
ShareBasedCompensation
7997000 USD
CY2017 us-gaap Share Based Compensation
ShareBasedCompensation
5761000 USD
CY2016 us-gaap Stock Granted During Period Value Sharebased Compensation
StockGrantedDuringPeriodValueSharebasedCompensation
841000 USD
CY2017 us-gaap Stock Granted During Period Value Sharebased Compensation
StockGrantedDuringPeriodValueSharebasedCompensation
1612000 USD
CY2015 us-gaap Stock Issued1
StockIssued1
60343000 USD
CY2016 us-gaap Stock Issued1
StockIssued1
0 USD
CY2017 us-gaap Stock Issued1
StockIssued1
0 USD
CY2016Q3 us-gaap Stockholders Equity
StockholdersEquity
121714000 USD
CY2017Q3 us-gaap Stockholders Equity
StockholdersEquity
149531000 USD
CY2014Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
230244000 USD
CY2015Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
213652000 USD
CY2016Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
246391000 USD
CY2017Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
289663000 USD
CY2015Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
4082000 USD
CY2015 us-gaap Straight Line Rent
StraightLineRent
-48000 USD
CY2016 us-gaap Straight Line Rent
StraightLineRent
-328000 USD
CY2017 us-gaap Straight Line Rent
StraightLineRent
-250000 USD
CY2015 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
0 USD
CY2016 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
6000 USD
CY2017 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
158000 USD
CY2015 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Diluted
UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
0 USD
CY2016 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Diluted
UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
6000 USD
CY2017 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Diluted
UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
158000 USD
CY2015 us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
-290000 USD
CY2016 us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
0 USD
CY2015 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
16000000 shares
CY2016 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
16005000 shares
CY2017 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
16048000 shares
CY2017 us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
0 USD
CY2015 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
16000000 shares
CY2016 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
16005000 shares
CY2017 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
16032000 shares
CY2017 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Concentration of Credit Risk.</font><font style="font-family:inherit;font-size:10pt;"> Financial instruments which potentially subject us to concentrations of credit risk are primarily cash accounts and amounts due from related parties. Historically, we have not experienced losses related to our cash accounts or to the credit of our Client Companies whose receivables are listed on our balance sheet as due from related parties.&#160;</font></div></div>
CY2017 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Reclassifications</font><font style="font-family:inherit;font-size:10pt;">. Reclassifications have been made to the prior years' consolidated financial statements to conform to the current year's presentation. For the fiscal years ended September 30, 2016 and 2015, we reclassified transaction and acquisition related costs from general and administrative expenses on our consolidated statements of comprehensive income. For the fiscal year ended September 30, 2016, we reclassified payments related to our tax receivable agreement from operating activities to financing activities on our consolidated statements of cash flows.</font></div></div>
CY2017 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:16px;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Use of Estimates.</font><font style="font-family:inherit;font-size:10pt;"> Preparation of these financial statements in conformity with GAAP requires our management to make certain estimates and assumptions that may affect the amounts reported in these financial statements and related notes. The actual results could differ from these estimates.</font></div></div>

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