2019 Q3 Form 10-Q Financial Statement

#000156032719000121 Filed on August 01, 2019

View on sec.gov

Income Statement

Concept 2019 Q3 2019 Q2 2018 Q2
Revenue $83.16M $78.96M $58.44M
YoY Change 33.34% 35.11% 23.18%
Cost Of Revenue $23.63M $22.18M $17.39M
YoY Change 32.68% 27.53% 32.98%
Gross Profit $59.53M $56.78M $41.05M
YoY Change 33.6% 38.32% 19.45%
Gross Profit Margin 71.58% 71.91% 70.24%
Selling, General & Admin $51.13M $49.33M $39.31M
YoY Change 31.96% 25.51% 14.3%
% of Gross Profit 85.89% 86.89% 95.76%
Research & Development $20.15M $19.63M $16.08M
YoY Change 17.78% 22.04% 35.45%
% of Gross Profit 33.86% 34.57% 39.18%
Depreciation & Amortization $2.500M $2.100M $1.600M
YoY Change 56.25% 31.25% 45.45%
% of Gross Profit 4.2% 3.7% 3.9%
Operating Expenses $71.28M $68.96M $55.39M
YoY Change 27.62% 24.5% 19.73%
Operating Profit -$11.76M -$12.18M -$14.34M
YoY Change 4.03% -15.06% 20.53%
Interest Expense $3.399M $3.312M $0.00
YoY Change 102.44% -100.0%
% of Operating Profit
Other Income/Expense, Net -$492.0K -$29.00K -$326.0K
YoY Change -371.82% -91.1% -242.36%
Pretax Income -$14.20M -$13.94M -$14.20M
YoY Change 18.46% -1.85% 24.03%
Income Tax $207.0K -$519.0K $131.0K
% Of Pretax Income
Net Earnings -$14.41M -$13.42M -$14.33M
YoY Change 21.76% -6.37% 23.17%
Net Earnings / Revenue -17.32% -17.0% -24.53%
Basic Earnings Per Share
Diluted Earnings Per Share -$293.9K -$276.3K -$308.9K
COMMON SHARES
Basic Shares Outstanding 48.84M shares 48.20M shares 46.23M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2019 Q3 2019 Q2 2018 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $246.7M $245.7M $114.7M
YoY Change -9.23% 114.21% 36.06%
Cash & Equivalents $114.9M $126.6M $100.7M
Short-Term Investments $131.8M $119.1M $14.00M
Other Short-Term Assets $30.20M $28.80M $22.70M
YoY Change 37.27% 26.87% 155.06%
Inventory
Prepaid Expenses
Receivables $62.90M $69.80M $48.50M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $339.9M $344.3M $185.9M
YoY Change -2.2% 85.2% 32.08%
LONG-TERM ASSETS
Property, Plant & Equipment $51.52M $51.86M $11.18M
YoY Change 334.43% 363.7% 34.96%
Goodwill $97.87M $97.87M $83.16M
YoY Change 17.68% 17.68% 10.72%
Intangibles $29.18M $29.73M $16.00M
YoY Change 82.13% 85.76% 92.93%
Long-Term Investments $11.00M $18.70M $3.900M
YoY Change -72.01% 379.49% -55.68%
Other Assets $35.90M $34.50M $23.60M
YoY Change 48.96% 46.19% 3833.33%
Total Long-Term Assets $286.7M $292.0M $137.9M
YoY Change 64.39% 111.78% 36.36%
TOTAL ASSETS
Total Short-Term Assets $339.9M $344.3M $185.9M
Total Long-Term Assets $286.7M $292.0M $137.9M
Total Assets $626.6M $636.3M $323.8M
YoY Change 20.05% 96.52% 33.87%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $6.549M $12.98M $4.612M
YoY Change 136.77% 181.33% 104.34%
Accrued Expenses $33.17M $33.07M $21.83M
YoY Change 21.11% 51.47% 5.64%
Deferred Revenue $200.3M $199.0M
YoY Change 25.66%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $246.8M $251.3M $181.2M
YoY Change 29.61% 38.71% 20.5%
LONG-TERM LIABILITIES
Long-Term Debt $182.5M $179.8M $0.00
YoY Change 5.98%
Other Long-Term Liabilities $1.280M $1.023M $2.305M
YoY Change -50.9% -55.62% -9.22%
Total Long-Term Liabilities $1.280M $1.023M $2.305M
YoY Change -50.9% -55.62% -9.22%
TOTAL LIABILITIES
Total Short-Term Liabilities $246.8M $251.3M $181.2M
Total Long-Term Liabilities $1.280M $1.023M $2.305M
Total Liabilities $540.4M $548.8M $254.2M
YoY Change 26.01% 115.85% 22.68%
SHAREHOLDERS EQUITY
Retained Earnings -$504.1M -$489.7M -$439.7M
YoY Change 11.63% 11.36% 6.83%
Common Stock $493.0K $488.0K $467.0K
YoY Change 4.23% 4.5% 7.36%
Preferred Stock
YoY Change
Treasury Stock (at cost) $4.764M $4.764M $4.764M
YoY Change 0.0% 0.0% 5.14%
Treasury Stock Shares 486.8K shares 486.8K shares 486.8K shares
Shareholders Equity $86.18M $87.52M $69.54M
YoY Change
Total Liabilities & Shareholders Equity $626.6M $636.3M $323.8M
YoY Change 20.05% 96.52% 33.87%

Cashflow Statement

Concept 2019 Q3 2019 Q2 2018 Q2
OPERATING ACTIVITIES
Net Income -$14.41M -$13.42M -$14.33M
YoY Change 21.76% -6.37% 23.17%
Depreciation, Depletion And Amortization $2.500M $2.100M $1.600M
YoY Change 56.25% 31.25% 45.45%
Cash From Operating Activities $1.840M $2.490M -$9.120M
YoY Change -145.43% -127.3% 129.15%
INVESTING ACTIVITIES
Capital Expenditures -$10.88M -$10.80M -$4.220M
YoY Change 182.6% 155.92% 172.26%
Acquisitions
YoY Change
Other Investing Activities -$4.780M $43.54M $12.87M
YoY Change -97.05% 238.31% 143.75%
Cash From Investing Activities -$15.66M $32.75M $8.650M
YoY Change -90.55% 278.61% 132.53%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $2.900M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 2.670M 1.480M 1.830M
YoY Change -98.66% -19.13% -25.0%
NET CHANGE
Cash From Operating Activities 1.840M 2.490M -9.120M
Cash From Investing Activities -15.66M 32.75M 8.650M
Cash From Financing Activities 2.670M 1.480M 1.830M
Net Change In Cash -11.15M 36.72M 1.360M
YoY Change -137.12% 2600.0% -37.61%
FREE CASH FLOW
Cash From Operating Activities $1.840M $2.490M -$9.120M
Capital Expenditures -$10.88M -$10.80M -$4.220M
Free Cash Flow $12.72M $13.29M -$4.900M
YoY Change -6460.0% -371.22% 101.65%

Facts In Submission

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CY2019Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
10430000 USD
CY2019Q2 rp Adjustments To Additional Paid In Capital Vesting Of Restricted Stock Units
AdjustmentsToAdditionalPaidInCapitalVestingOfRestrictedStockUnits
0 USD
CY2019Q2 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
1859000 USD
CY2019Q2 rp Stock Issued During Period Value Stock Options And Warrants Exercised
StockIssuedDuringPeriodValueStockOptionsAndWarrantsExercised
3333000 USD
CY2019Q2 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
189000 USD
CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
-13420000 USD
CY2019Q2 us-gaap Stockholders Equity
StockholdersEquity
87524000 USD
CY2018Q1 us-gaap Stockholders Equity
StockholdersEquity
73922000 USD
CY2018Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
7350000 USD
CY2018Q2 rp Adjustments To Additional Paid In Capital Vesting Of Restricted Stock Units
AdjustmentsToAdditionalPaidInCapitalVestingOfRestrictedStockUnits
0 USD
CY2018Q2 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
543000 USD
CY2018Q2 rp Stock Issued During Period Value Stock Options And Warrants Exercised
StockIssuedDuringPeriodValueStockOptionsAndWarrantsExercised
3127000 USD
CY2018Q2 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
20000 USD
CY2018Q2 us-gaap Net Income Loss
NetIncomeLoss
-14333000 USD
CY2018Q2 us-gaap Stockholders Equity
StockholdersEquity
69543000 USD
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
87319000 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
19064000 USD
us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
2634000 USD
rp Adjustments To Additional Paid In Capital Vesting Of Restricted Stock Units
AdjustmentsToAdditionalPaidInCapitalVestingOfRestrictedStockUnits
0 USD
us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
2839000 USD
rp Stock Issued During Period Value Stock Options And Warrants Exercised
StockIssuedDuringPeriodValueStockOptionsAndWarrantsExercised
6057000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
382000 USD
us-gaap Net Income Loss
NetIncomeLoss
-25093000 USD
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
24153000 USD
CY2019Q2 us-gaap Stockholders Equity
StockholdersEquity
87524000 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
13575000 USD
CY2018Q1 us-gaap Cumulative Effect Of New Accounting Principle In Period Of Adoption
CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption
25873000 USD
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
30907000 USD
us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
1632000 USD
rp Adjustments To Additional Paid In Capital Vesting Of Restricted Stock Units
AdjustmentsToAdditionalPaidInCapitalVestingOfRestrictedStockUnits
0 USD
us-gaap Stock Issued During Period Value Restricted Stock Award Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures
0 USD
us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
1005000 USD
rp Stock Issued During Period Value Stock Options And Warrants Exercised
StockIssuedDuringPeriodValueStockOptionsAndWarrantsExercised
5087000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
15000 USD
us-gaap Net Income Loss
NetIncomeLoss
-30694000 USD
CY2018Q2 us-gaap Stockholders Equity
StockholdersEquity
69543000 USD
us-gaap Net Income Loss
NetIncomeLoss
-25093000 USD
us-gaap Net Income Loss
NetIncomeLoss
-30694000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
7371000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
5077000 USD
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
5104000 USD
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
0 USD
us-gaap Share Based Compensation
ShareBasedCompensation
19064000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
13575000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
1353000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
456000 USD
us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
-761000 USD
us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
0 USD
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-191000 USD
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-471000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
1290000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
71000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-4549000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-24586000 USD
us-gaap Increase Decrease In Deferred Charges
IncreaseDecreaseInDeferredCharges
3172000 USD
us-gaap Increase Decrease In Deferred Charges
IncreaseDecreaseInDeferredCharges
4531000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
9334000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
3602000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
2184000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
2391000 USD
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-7312000 USD
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-7806000 USD
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-5066000 USD
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-1001000 USD
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
1129000 USD
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-669000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-11083000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-1818000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
14621000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
17712000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
5650000 USD
us-gaap Payments To Develop Software
PaymentsToDevelopSoftware
3152000 USD
us-gaap Payments To Develop Software
PaymentsToDevelopSoftware
1413000 USD
us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
72432000 USD
us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
10655000 USD
us-gaap Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
140302000 USD
us-gaap Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
33128000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
32385000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
15410000 USD
us-gaap Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
0 USD
us-gaap Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
30907000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
2839000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
1005000 USD
rp Proceeds From Issuance Of Employee Stock Purchase Plan
ProceedsFromIssuanceOfEmployeeStockPurchasePlan
2634000 USD
rp Proceeds From Issuance Of Employee Stock Purchase Plan
ProceedsFromIssuanceOfEmployeeStockPurchasePlan
1632000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
6058000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
4657000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
5853000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
36191000 USD
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-151000 USD
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-314000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
27004000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
49469000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
99565000 USD
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
51762000 USD
CY2019Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
126569000 USD
CY2018Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
101231000 USD
us-gaap Interest Paid Net
InterestPaidNet
1342000 USD
us-gaap Interest Paid Net
InterestPaidNet
0 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
319000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
315000 USD
rp Noncash Leasehold Improvements Acquired Through Tenant Improvement Allowance
NoncashLeaseholdImprovementsAcquiredThroughTenantImprovementAllowance
14016000 USD
rp Noncash Leasehold Improvements Acquired Through Tenant Improvement Allowance
NoncashLeaseholdImprovementsAcquiredThroughTenantImprovementAllowance
0 USD
CY2019Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
126569000 USD
CY2018Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
100731000 USD
CY2019Q2 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
0 USD
CY2018Q2 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
500000 USD
CY2019Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
126569000 USD
CY2018Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
101231000 USD
CY2019Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
78959000 USD
CY2018Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
58441000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
152144000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
112956000 USD
CY2019Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
78959000 USD
CY2018Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
58441000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
152144000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
112956000 USD
CY2019Q2 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
66600000 USD
CY2018Q2 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
48500000 USD
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
117200000 USD
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
84300000 USD
CY2019Q2 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
500000 USD
CY2018Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
800000 USD
CY2019Q2 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
137467000 USD
CY2019Q2 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
353000 USD
CY2019Q2 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
2000 USD
CY2019Q2 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
137818000 USD
CY2018Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
204133000 USD
CY2018Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
51000 USD
CY2018Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
82000 USD
CY2018Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
204102000 USD
CY2019Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
29201000 USD
CY2019Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
81061000 USD
CY2018Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
43741000 USD
CY2018Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
26218000 USD
CY2019Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
51860000 USD
CY2018Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
17523000 USD
CY2019Q2 us-gaap Depreciation
Depreciation
2100000 USD
CY2018Q2 us-gaap Depreciation
Depreciation
1600000 USD
us-gaap Depreciation
Depreciation
3900000 USD
us-gaap Depreciation
Depreciation
3000000.0 USD
CY2019Q2 us-gaap Goodwill
Goodwill
97900000 USD
CY2018Q4 us-gaap Goodwill
Goodwill
88400000 USD
CY2018Q4 us-gaap Goodwill
Goodwill
88420000 USD
us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
9446000 USD
CY2019Q2 us-gaap Goodwill
Goodwill
97866000 USD
CY2019Q2 rp Acquired Finite Lived Intangible Assets Gross
AcquiredFiniteLivedIntangibleAssetsGross
37414000 USD
CY2019Q2 rp Acquired Finite Lived Intangible Assets Net
AcquiredFiniteLivedIntangibleAssetsNet
23518000 USD
CY2019Q2 rp Acquired Finite Lived Intangible Assets Accumulated Amortization
AcquiredFiniteLivedIntangibleAssetsAccumulatedAmortization
13896000 USD
CY2018Q4 rp Acquired Finite Lived Intangible Assets Gross
AcquiredFiniteLivedIntangibleAssetsGross
31330000 USD
CY2018Q4 rp Acquired Finite Lived Intangible Assets Accumulated Amortization
AcquiredFiniteLivedIntangibleAssetsAccumulatedAmortization
10801000 USD
CY2018Q4 rp Acquired Finite Lived Intangible Assets Net
AcquiredFiniteLivedIntangibleAssetsNet
20529000 USD
CY2019Q2 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
44352000 USD
CY2019Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
14626000 USD
CY2019Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
29726000 USD
CY2018Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
35116000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
11161000 USD
CY2018Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
23955000 USD
CY2019Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1900000 USD
CY2018Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1000000.0 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
3500000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
2100000 USD
CY2019Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
3907000 USD
CY2019Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
7771000 USD
CY2019Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
6975000 USD
CY2019Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
4298000 USD
CY2019Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
2667000 USD
CY2019Q2 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
304000 USD
CY2019Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
25922000 USD
us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
3800000 USD
CY2018Q3 rp Adjustmentsto Additional Paidin Capital Equity Componentof Convertible Debt Conversion Option
AdjustmentstoAdditionalPaidinCapitalEquityComponentofConvertibleDebtConversionOption
53820000 USD
CY2018Q3 rp Adjustmentsto Additional Paidin Capital Equity Componentof Convertible Debt Option Indexed To Issuers Equity
AdjustmentstoAdditionalPaidinCapitalEquityComponentofConvertibleDebtOptionIndexedToIssuersEquity
26910000 USD
CY2018Q3 rp Adjustmentsto Additional Paidin Capital Equity Componentof Convertible Debt Issuance Costs
AdjustmentstoAdditionalPaidinCapitalEquityComponentofConvertibleDebtIssuanceCosts
1626000 USD
CY2018Q3 us-gaap Adjustments To Additional Paid In Capital Equity Component Of Convertible Debt
AdjustmentsToAdditionalPaidInCapitalEquityComponentOfConvertibleDebt
25284000 USD
CY2019Q2 us-gaap Lessee Operating Lease Renewal Term
LesseeOperatingLeaseRenewalTerm
P5Y
rp Lessee Operating Lease Termination Period
LesseeOperatingLeaseTerminationPeriod
P3Y
CY2019Q2 us-gaap Operating Lease Cost
OperatingLeaseCost
3055000 USD
us-gaap Operating Lease Cost
OperatingLeaseCost
5022000 USD
CY2019Q2 us-gaap Short Term Lease Cost
ShortTermLeaseCost
137000 USD
us-gaap Short Term Lease Cost
ShortTermLeaseCost
286000 USD
CY2019Q2 us-gaap Variable Lease Cost
VariableLeaseCost
592000 USD
CY2019Q2 us-gaap Lease Cost
LeaseCost
3784000 USD
us-gaap Variable Lease Cost
VariableLeaseCost
1009000 USD
us-gaap Lease Cost
LeaseCost
6317000 USD
CY2019Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
59417000 USD
CY2019Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
6057000 USD
CY2019Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
71722000 USD
CY2019Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
77779000 USD
CY2019Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P9Y2M12D
CY2019Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.078
CY2019Q2 us-gaap Operating Lease Payments
OperatingLeasePayments
2578000 USD
us-gaap Operating Lease Payments
OperatingLeasePayments
4506000 USD
CY2019Q2 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
58906000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
60772000 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
4869000 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
11959000 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
11691000 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
11391000 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
11340000 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
53561000 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
104811000 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
27032000 USD
CY2019Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
77779000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
9899000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
11616000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
10933000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
11054000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
11136000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
53648000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
108286000 USD
CY2019Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
10430000 USD
CY2018Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
7350000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
19064000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
13575000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1
P4Y
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
11.02
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
3713179 shares
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
10.32
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
0
CY2019Q2 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
48451562 shares
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
549612 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
21286000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
26013 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
12.88
CY2019Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
3137554 shares
CY2019Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
10.17
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P5Y8M12D
CY2019Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
149561000 USD
CY2019Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
2416849 shares
CY2019Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
8.90
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P5Y1M6D
CY2019Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
118275000 USD
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Purchase Price Of Common Stock Percent
SharebasedCompensationArrangementBySharebasedPaymentAwardPurchasePriceOfCommonStockPercent
0.85
CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
-13420000 USD
CY2018Q2 us-gaap Net Income Loss
NetIncomeLoss
-14333000 USD
us-gaap Net Income Loss
NetIncomeLoss
-25093000 USD
us-gaap Net Income Loss
NetIncomeLoss
-30694000 USD
CY2018Q2 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
46279947 shares
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
48141474 shares
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
45746513 shares
CY2019Q2 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.28
CY2018Q2 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.31
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.52
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.67
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
6697666 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
7544230 shares
CY2018Q4 us-gaap Loss Contingency Patents Allegedly Infringed Number
LossContingencyPatentsAllegedlyInfringedNumber
7 patent
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1 Segment
CY2019Q2 us-gaap Revenues
Revenues
78959000 USD
CY2018Q2 us-gaap Revenues
Revenues
58441000 USD
us-gaap Revenues
Revenues
152144000 USD
us-gaap Revenues
Revenues
112956000 USD
CY2019Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
51860000 USD
CY2018Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
17523000 USD

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