$RNG
RingCentral, Inc.

2018 Q2 Form 10-Q Financial Statement

#000156459018020042 Filed on August 07, 2018

View on sec.gov

Income Statement

Concept 2018 Q2 2017 Q4 2017 Q2
Revenue $160.8M $140.5M $119.4M
YoY Change 34.66% 34.48% 30.04%
Cost Of Revenue $38.07M $33.60M $29.56M
YoY Change 28.77% 36.03% 32.18%
Gross Profit $122.8M $107.6M $90.36M
YoY Change 35.87% 34.71% 30.05%
Gross Profit Margin 76.33% 76.54% 75.65%
Selling, General & Admin $102.6M $87.40M $74.37M
YoY Change 37.97% 26.67% 25.83%
% of Gross Profit 83.58% 81.25% 82.3%
Research & Development $24.81M $20.40M $18.62M
YoY Change 33.29% 17.24% 11.48%
% of Gross Profit 20.21% 18.97% 20.6%
Depreciation & Amortization $4.700M $4.280M $3.800M
YoY Change 23.68% 9.46% 6.44%
% of Gross Profit 3.83% 3.98% 4.21%
Operating Expenses $127.4M $107.8M $92.99M
YoY Change 37.03% 24.77% 22.83%
Operating Profit -$4.654M -$217.0K -$2.627M
YoY Change 77.16% -96.72% -58.33%
Interest Expense $4.836M $0.00 $9.000K
YoY Change 53633.33% -100.0% -104.5%
% of Operating Profit
Other Income/Expense, Net -$3.498M $200.0K $569.0K
YoY Change -714.76% -300.0% -147.42%
Pretax Income -$8.152M $0.00 -$2.058M
YoY Change 296.11% -100.0% -73.32%
Income Tax $100.0K -$33.20M $57.00K
% Of Pretax Income
Net Earnings -$8.291M -$121.0K -$2.115M
YoY Change 292.01% -98.26% -72.78%
Net Earnings / Revenue -5.16% -0.09% -1.77%
Basic Earnings Per Share
Diluted Earnings Per Share -$104.9K -$1.287K -$27.67K
COMMON SHARES
Basic Shares Outstanding
Diluted Shares Outstanding

Balance Sheet

Concept 2018 Q2 2017 Q4 2017 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $567.3M $181.2M $167.0M
YoY Change 239.7% 12.97% 12.99%
Cash & Equivalents $567.3M $181.2M $167.0M
Short-Term Investments
Other Short-Term Assets $10.05M $7.624M $5.258M
YoY Change 91.1% 39.38% -63.99%
Inventory $251.0K $198.0K $124.0K
Prepaid Expenses $14.34M $13.69M $12.55M
Receivables $67.00M $46.69M $33.30M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $678.1M $264.8M $218.2M
YoY Change 210.75% 28.61% 16.88%
LONG-TERM ASSETS
Property, Plant & Equipment $55.10M $43.30M $36.61M
YoY Change 50.49% 35.33% 25.82%
Goodwill $9.393M $9.393M $9.393M
YoY Change 0.0% 0.0% 0.0%
Intangibles $21.13M $1.462M $1.763M
YoY Change 1098.41% -34.85% -36.01%
Long-Term Investments
YoY Change
Other Assets $49.70M $2.972M $2.600M
YoY Change 1811.54% -3.73% -18.75%
Total Long-Term Assets $135.2M $95.00M $50.39M
YoY Change 168.33% 103.34% 13.22%
TOTAL ASSETS
Total Short-Term Assets $678.1M $264.8M $218.2M
Total Long-Term Assets $135.2M $95.00M $50.39M
Total Assets $813.3M $359.8M $268.6M
YoY Change 202.79% 42.43% 16.18%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $6.400M $7.322M $5.600M
YoY Change 14.29% -6.25% 180.0%
Accrued Expenses $76.40M $54.98M $49.70M
YoY Change 53.72% 13.77% 11.19%
Deferred Revenue $73.24M $62.92M
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $900.0K $0.00
YoY Change -100.0%
Total Short-Term Liabilities $156.9M $125.2M $108.6M
YoY Change 44.48% 7.94% 17.03%
LONG-TERM LIABILITIES
Long-Term Debt $359.6M $0.00 $0.00
YoY Change -100.0% -100.0%
Other Long-Term Liabilities $5.757M $6.300M $3.175M
YoY Change 81.32% 96.94% -57.67%
Total Long-Term Liabilities $5.757M $6.300M $3.175M
YoY Change 81.32% 79.44% -84.51%
TOTAL LIABILITIES
Total Short-Term Liabilities $156.9M $125.2M $108.6M
Total Long-Term Liabilities $5.757M $6.300M $3.175M
Total Liabilities $522.3M $131.5M $114.9M
YoY Change 354.59% 7.27% 1.41%
SHAREHOLDERS EQUITY
Retained Earnings -$220.5M -$209.5M -$253.8M
YoY Change -13.13% -12.53%
Common Stock $508.7M $434.8M $404.8M
YoY Change 25.69% 18.55%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $291.0M $228.3M $153.7M
YoY Change
Total Liabilities & Shareholders Equity $813.3M $359.8M $268.6M
YoY Change 202.78% 42.43% 16.18%

Cashflow Statement

Concept 2018 Q2 2017 Q4 2017 Q2
OPERATING ACTIVITIES
Net Income -$8.291M -$121.0K -$2.115M
YoY Change 292.01% -98.26% -72.78%
Depreciation, Depletion And Amortization $4.700M $4.280M $3.800M
YoY Change 23.68% 9.46% 6.44%
Cash From Operating Activities $16.69M $10.29M $8.740M
YoY Change 90.96% 41.54% -11.45%
INVESTING ACTIVITIES
Capital Expenditures -$9.870M -$5.600M -$5.500M
YoY Change 79.45% 6.67% 20.61%
Acquisitions
YoY Change
Other Investing Activities $0.00 $0.00 $530.0K
YoY Change -100.0%
Cash From Investing Activities -$9.870M -$5.600M -$4.970M
YoY Change 98.59% 6.67% 8.99%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 5.330M 4.240M 13.87M
YoY Change -61.57% -26.52% 312.8%
NET CHANGE
Cash From Operating Activities 16.69M 10.29M 8.740M
Cash From Investing Activities -9.870M -5.600M -4.970M
Cash From Financing Activities 5.330M 4.240M 13.87M
Net Change In Cash 12.15M 8.930M 17.64M
YoY Change -31.12% 14.63% 103.46%
FREE CASH FLOW
Cash From Operating Activities $16.69M $10.29M $8.740M
Capital Expenditures -$9.870M -$5.600M -$5.500M
Free Cash Flow $26.56M $15.89M $14.24M
YoY Change 86.52% 26.92% -1.32%

Facts In Submission

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<div> <p style="margin-bottom:0pt;margin-top:18pt;text-indent:0%;font-weight:bold;font-style:italic;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;">Use of Estimates </p> <p style="margin-bottom:0pt;margin-top:6pt;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;text-indent:4.54%;">The preparation of condensed consolidated financial statements in conformity with U.S. 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 condensed consolidated financial statements, and the reported amounts of revenues and expenses during the reporting period. The significant estimates made by management affect revenues, allowance for doubtful accounts, deferred sales commission costs, goodwill, share-based compensation, capitalization of internally developed software, return reserves, provision for income taxes, uncertain tax positions, loss contingencies, sales tax liabilities, and accrued liabilities. Management periodically evaluates these estimates and will make adjustments prospectively based upon the results of such periodic evaluations. Actual results could differ from these estimates.</p></div>
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3800000
us-gaap Depreciation
Depreciation
7300000
CY2018Q2 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
17397000
CY2017Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
18578000
CY2018Q2 us-gaap Taxes Payable Current
TaxesPayableCurrent
16092000
CY2017Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
11828000
CY2018Q2 us-gaap Accrued Marketing Costs Current
AccruedMarketingCostsCurrent
12049000
CY2017Q4 us-gaap Accrued Marketing Costs Current
AccruedMarketingCostsCurrent
7020000
CY2018Q2 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
30844000
CY2017Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
17551000
CY2018Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
25832000
CY2018Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
4704000
CY2017Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
3850000
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
685000
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
7000
CY2017Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
2388000
CY2018Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1200000
CY2017Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
200000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
2300000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
500000
CY2018Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
2500000
CY2018Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
4998000
CY2018Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
4654000
CY2018Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
4396000
CY2018Q2 rng Finite Lived Intangible Assets Amortization Expense Year Five After
FiniteLivedIntangibleAssetsAmortizationExpenseYearFiveAfter
4580000
CY2018Q2 rng Deferred Sales Commissions
DeferredSalesCommissions
66200000
CY2017Q4 rng Deferred Sales Commissions
DeferredSalesCommissions
53300000
CY2018Q2 us-gaap Amortization Of Deferred Sales Commissions
AmortizationOfDeferredSalesCommissions
4700000
CY2017Q2 us-gaap Amortization Of Deferred Sales Commissions
AmortizationOfDeferredSalesCommissions
2900000
CY2018Q2 us-gaap Asset Impairment Charges
AssetImpairmentCharges
0
CY2017Q2 us-gaap Asset Impairment Charges
AssetImpairmentCharges
0
us-gaap Asset Impairment Charges
AssetImpairmentCharges
0
us-gaap Asset Impairment Charges
AssetImpairmentCharges
0
CY2018Q2 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Net
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet
24064000
rng Description Of Convertible Notes At Option Of Holders
DescriptionOfConvertibleNotesAtOptionOfHolders
Prior to the close of business on the business day immediately preceding December 15, 2022, the Notes will be convertible only under the following circumstances: (1) during any calendar quarter commencing after June 30, 2018, and only during such calendar quarter, if the last reported sale price of the Class A Common Stock for at least 20 trading days (whether or not consecutive) in a period of 30 consecutive trading days ending on the last trading day of the immediately preceding calendar quarter is more than 130% of the conversion price on each applicable trading day; (2) during the five business days period after any five consecutive trading days period in which, for each trading day of that period, the trading price per $1,000 principal amount of Notes for such trading day was less than 98% of the product of the last reported sale price of the Class A Common Stock and the conversion rate on each such trading day; (3) upon the Company’s notice that it is redeeming any or all of the Notes, at any time prior to the close of business on the scheduled trading day immediately preceding the redemption date; or (4) upon the occurrence of specified corporate events.
CY2018Q2 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
460000000
CY2018Q2 us-gaap Debt Instrument Unamortized Discount Noncurrent
DebtInstrumentUnamortizedDiscountNoncurrent
95385000
CY2018Q2 us-gaap Deferred Finance Costs Noncurrent Gross
DeferredFinanceCostsNoncurrentGross
7827000
CY2018Q2 rng Long Term Sales Tax Contingent Liability
LongTermSalesTaxContingentLiability
1900000
CY2017Q4 rng Long Term Sales Tax Contingent Liability
LongTermSalesTaxContingentLiability
2600000
CY2018Q2 us-gaap Sales And Excise Tax Payable Current
SalesAndExciseTaxPayableCurrent
11000000
CY2017Q4 us-gaap Sales And Excise Tax Payable Current
SalesAndExciseTaxPayableCurrent
9000000
CY2018Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
17597000
CY2017Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
10627000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
30864000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
19562000
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
5286000
CY2018Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
4594000
CY2018Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
4560000
CY2018Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
4190000
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
10.30
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
8.83
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
23.97
CY2018Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
10.50
CY2018Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
10.45
CY2018Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
9.92
CY2017 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P4Y2M12D
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P3Y9M18D
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P3Y9M18D
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P3Y8M12D
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
201480000
CY2018Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
275079000
CY2018Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
273126000
CY2018Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
253154000
CY2017Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
10.94
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
9.08
CY2018Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
19259000
CY2017Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
17815000
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
39221000
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
23263000
CY2018Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.026
CY2017Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.017
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.025
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.018
CY2018Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.419
CY2017Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.431
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.418
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.437
CY2018Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.00
CY2017Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.00
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.00
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.00
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1
rng Percentage Of Billings Collected Through Credit Cards Of Geographical Revenue
PercentageOfBillingsCollectedThroughCreditCardsOfGeographicalRevenue
0.72
CY2018Q2 us-gaap Unrecognized Tax Benefits Period Increase Decrease
UnrecognizedTaxBenefitsPeriodIncreaseDecrease
0
us-gaap Unrecognized Tax Benefits Period Increase Decrease
UnrecognizedTaxBenefitsPeriodIncreaseDecrease
0
CY2018Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
9478000
CY2017Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
11312000
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
9403000
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
11447000

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