2015 Q4 Form 10-K Financial Statement

#000113155417000037 Filed on February 27, 2017

View on sec.gov

Income Statement

Concept 2015 Q4 2014 Q4 2014
Revenue $86.46M $130.2M $307.3M
YoY Change -33.59% 33.95% -11.96%
Cost Of Revenue -$17.20M $52.60M $184.4M
YoY Change -132.7% 30.2% 26.11%
Gross Profit $40.77M $77.60M $122.9M
YoY Change -47.47% 36.62% -39.41%
Gross Profit Margin 47.15% 59.6% 39.99%
Selling, General & Admin $26.51M $23.60M $77.08M
YoY Change 12.31% 39.64% 24.13%
% of Gross Profit 65.02% 30.41% 62.73%
Research & Development $24.19M $19.70M $73.62M
YoY Change 22.81% 29.61% 13.53%
% of Gross Profit 59.35% 25.39% 59.91%
Depreciation & Amortization $20.68M $13.70M $55.96M
YoY Change 50.97% 11.38% 36.06%
% of Gross Profit 50.74% 17.65% 45.53%
Operating Expenses $50.70M $57.10M $150.7M
YoY Change -11.21% 56.44% 18.72%
Operating Profit -$32.10M $20.50M -$3.541M
YoY Change -256.57% 0.99% -110.15%
Interest Expense $1.503M -$800.0K $3.430M
YoY Change -287.88% 166.67% 214.97%
% of Operating Profit -3.9%
Other Income/Expense, Net $808.0K -$600.0K $441.0K
YoY Change -234.67% -220.0% 120.5%
Pretax Income -$32.23M $19.10M -$5.265M
YoY Change -268.73% -7.28% -115.23%
Income Tax -$7.110M $5.500M -$3.242M
% Of Pretax Income 28.8%
Net Earnings -$15.18M $13.60M $38.90M
YoY Change -211.59% -14.47% 66.57%
Net Earnings / Revenue -17.55% 10.45% 12.66%
Basic Earnings Per Share -$0.35 $0.96
Diluted Earnings Per Share -$0.35 $284.5K $0.96
COMMON SHARES
Basic Shares Outstanding 42.82M shares 40.42M shares
Diluted Shares Outstanding 42.82M shares 40.42M shares

Balance Sheet

Concept 2015 Q4 2014 Q4 2014
SHORT-TERM ASSETS
Cash & Short-Term Investments $214.0M $287.1M $287.1M
YoY Change -25.46% 295.45% 295.45%
Cash & Equivalents $147.9M $236.0M $236.0M
Short-Term Investments $66.40M $51.10M $51.10M
Other Short-Term Assets $56.80M $36.50M $36.50M
YoY Change 55.62% 51.45% 51.45%
Inventory
Prepaid Expenses
Receivables $136.1M $118.4M $118.4M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $406.9M $441.9M $441.9M
YoY Change -7.91% 173.41% 173.45%
LONG-TERM ASSETS
Property, Plant & Equipment $168.3M $151.2M $151.2M
YoY Change 11.3% 42.5% 42.51%
Goodwill $149.9M $147.1M
YoY Change 1.9% 6.82%
Intangibles
YoY Change
Long-Term Investments $0.00 $3.300M $3.300M
YoY Change -100.0% -34.0% -34.0%
Other Assets $10.35M $19.80M $19.80M
YoY Change -47.73% 90.71% 35.62%
Total Long-Term Assets $603.3M $420.9M $420.9M
YoY Change 43.33% 15.19% 15.19%
TOTAL ASSETS
Total Short-Term Assets $406.9M $441.9M $441.9M
Total Long-Term Assets $603.3M $420.9M $420.9M
Total Assets $1.010B $862.8M $862.8M
YoY Change 17.09% 63.71% 63.72%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $26.04M $25.10M $25.10M
YoY Change 3.74% 163.43% 164.21%
Accrued Expenses $45.82M $42.70M $38.80M
YoY Change 7.3% 12.61% 9.92%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00
YoY Change
Total Short-Term Liabilities $80.18M $87.60M $87.60M
YoY Change -8.47% 39.4% 39.49%
LONG-TERM LIABILITIES
Long-Term Debt $238.2M $239.2M $239.2M
YoY Change -0.42% 2472.04% 2472.04%
Other Long-Term Liabilities $2.668M $3.200M $3.200M
YoY Change -16.63% 13.52% -56.16%
Total Long-Term Liabilities $2.668M $242.4M $242.4M
YoY Change -98.9% 8498.79% 1360.24%
TOTAL LIABILITIES
Total Short-Term Liabilities $80.18M $87.60M $87.60M
Total Long-Term Liabilities $2.668M $242.4M $242.4M
Total Liabilities $82.85M $333.7M $333.7M
YoY Change -75.17% 408.22% 320.28%
SHAREHOLDERS EQUITY
Retained Earnings $201.3M
YoY Change
Common Stock $512.8M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $65.65M
YoY Change
Treasury Stock Shares 3.679M shares
Shareholders Equity $505.3M $463.5M $529.1M
YoY Change
Total Liabilities & Shareholders Equity $1.010B $862.8M $862.8M
YoY Change 17.09% 63.71% 63.72%

Cashflow Statement

Concept 2015 Q4 2014 Q4 2014
OPERATING ACTIVITIES
Net Income -$15.18M $13.60M $38.90M
YoY Change -211.59% -14.47% 66.57%
Depreciation, Depletion And Amortization $20.68M $13.70M $55.96M
YoY Change 50.97% 11.38% 36.06%
Cash From Operating Activities $15.40M $26.00M $87.32M
YoY Change -40.77% -45.49% 7.67%
INVESTING ACTIVITIES
Capital Expenditures -$5.500M -$49.10M $73.89M
YoY Change -88.8% 169.78% 0.61%
Acquisitions $38.09M
YoY Change 470.39%
Other Investing Activities -$20.90M -$15.30M -$79.10M
YoY Change 36.6% 115.49% 39450.0%
Cash From Investing Activities -$26.40M -$64.50M -$153.0M
YoY Change -59.07% 153.94% 107.57%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 18.40M 8.800M $238.0M
YoY Change 109.09% 252.0% 1083.89%
NET CHANGE
Cash From Operating Activities 15.40M 26.00M $87.32M
Cash From Investing Activities -26.40M -64.50M -$153.0M
Cash From Financing Activities 18.40M 8.800M $238.0M
Net Change In Cash 7.400M -29.70M $172.3M
YoY Change -124.92% -219.76% 526.55%
FREE CASH FLOW
Cash From Operating Activities $15.40M $26.00M $87.32M
Capital Expenditures -$5.500M -$49.10M $73.89M
Free Cash Flow $20.90M $75.10M $13.44M
YoY Change -72.17% 13.96% 75.27%

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310842000 USD
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48000 USD
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2040000 USD
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3239000 USD
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1320000 USD
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229000 USD
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22000 USD
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307000 USD
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570000 USD
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24373000 USD
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23430000 USD
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2100000 USD
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2700000 USD
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153000 USD
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0.00
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0.12
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CY2016 us-gaap Effective Income Tax Rate Reconciliation Disposition Of Assets
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CY2014 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
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0.47
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0.44
CY2016 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
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CY2014 us-gaap Effective Income Tax Rate Reconciliation Minority Interest Income Expense
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0.00
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0.00
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0.01
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0.01
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0.02
CY2014 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Research
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CY2015 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Research
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0.19
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0.00
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58300000 USD
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P2Y5M23D
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0 USD
CY2016Q4 us-gaap Equity Method Investments
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119774000 USD
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30225000 USD
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49563000 USD
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12965000 USD
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24940000 USD
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39631000 USD
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46561000 USD
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203864000 USD
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91732000 USD
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0 USD
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0 USD
CY2016 us-gaap Goodwill Impairment Loss
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0 USD
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30000 USD
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3033000 USD
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CY2016 us-gaap Goodwill Transfers
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2466000 USD
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CY2016 us-gaap Goodwill Translation Adjustments
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-3260000 USD
CY2014 us-gaap Impairment Of Long Lived Assets Held For Use
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0 USD
CY2015 us-gaap Impairment Of Long Lived Assets Held For Use
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0 USD
CY2016 us-gaap Impairment Of Long Lived Assets Held For Use
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0 USD
CY2014 us-gaap Income Loss From Continuing Operations
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363000 USD
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32385000 USD
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-57846000 USD
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11839000 USD
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38895000 USD
CY2014 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
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6355000 USD
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-20546000 USD
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
-16685000 USD
CY2014 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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CY2015 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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6415000 USD
CY2016 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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-0.05
CY2015 us-gaap Income Loss From Continuing Operations Per Basic Share
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0.01
CY2016 us-gaap Income Loss From Continuing Operations Per Basic Share
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-1.26
CY2014 us-gaap Income Loss From Continuing Operations Per Diluted Share
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-0.05
CY2015 us-gaap Income Loss From Continuing Operations Per Diluted Share
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0.01
CY2016 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-1.26
CY2014 us-gaap Income Loss From Discontinued Operations Net Of Tax
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40918000 USD
CY2015 us-gaap Income Loss From Discontinued Operations Net Of Tax
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40267000 USD
CY2016 us-gaap Income Loss From Discontinued Operations Net Of Tax
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74533000 USD
CY2014 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
1.01
CY2015 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.95
CY2016 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
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1.71
CY2014 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
1.01
CY2015 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
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0.95
CY2016 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
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1.71
CY2014 us-gaap Income Tax Expense Benefit
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5424000 USD
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19342000 USD
CY2015 us-gaap Income Taxes Paid Net
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29868000 USD
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4661000 USD
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4169000 USD
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6185000 USD
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-11139000 USD
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50924000 USD
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27577000 USD
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1662000 USD
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16402000 USD
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16333000 USD
CY2016 us-gaap Increase Decrease In Accrued Liabilities
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22024000 USD
CY2014 us-gaap Increase Decrease In Deferred Revenue
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-4119000 USD
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-4130000 USD
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24317000 USD
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1930000 USD
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4282000 USD
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-10054000 USD
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5825000 USD
CY2015 us-gaap Increase Decrease In Other Operating Liabilities
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-402000 USD
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-6558000 USD
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14660000 USD
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0.0001
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10000000 shares
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5711000 USD
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7013000 USD
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-12644000 USD
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0 USD
CY2015 us-gaap Increase Decrease In Restricted Cash
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0 USD
CY2016 us-gaap Increase Decrease In Restricted Cash
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30000000 USD
CY2014 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
0 shares
CY2015 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
0 shares
CY2016 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
0 shares
CY2014 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
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
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3430000 USD
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946000 USD
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924000 USD
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1111000 USD
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0 USD
CY2015 us-gaap Interest On Convertible Debt Net Of Tax
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1700000 USD
CY2016 us-gaap Interest On Convertible Debt Net Of Tax
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0 USD
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2290000 USD
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5791000 USD
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6981000 USD
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1265000 USD
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2047000 USD
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2428000 USD
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1010228000 USD
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1164729000 USD
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80180000 USD
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153607000 USD
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930000 USD
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11860000 USD
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237961000 USD
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87321000 USD
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139822000 USD
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142589000 USD
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38895000 USD
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40630000 USD
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19588000 USD
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0 USD
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6052000 USD
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10000000 shares
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7600000 USD
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8600000 USD
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1 segment
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-3541000 USD
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15131000 USD
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6500000 USD
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42330000 USD
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19588000 USD
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166382000 USD
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12663000 USD
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16220000 USD
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10350000 USD
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7541000 USD
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-176000 USD
CY2015 us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
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-54000 USD
CY2016 us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
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198000 USD
CY2014 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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-12739000 USD
CY2015 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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-17281000 USD
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-18670000 USD
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2668000 USD
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3783000 USD
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441000 USD
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372000 USD
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1863000 USD
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0 USD
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0 USD
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40025000 USD
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7065000 USD
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0 USD
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1346000 USD
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15139000 USD
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17043000 USD
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PaymentsRelatedToTaxWithholdingForShareBasedCompensation
8885000 USD
CY2014 us-gaap Payments To Acquire Available For Sale Securities
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50275000 USD
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139569000 USD
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PaymentsToAcquireAvailableForSaleSecurities
13445000 USD
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38085000 USD
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131592000 USD
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98428000 USD
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0 USD
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PaymentsToAcquireIntangibleAssets
1200000 USD
CY2016 us-gaap Payments To Acquire Intangible Assets
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0 USD
CY2014 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
73885000 USD
CY2015 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
59960000 USD
CY2016 us-gaap Payments To Acquire Property Plant And Equipment
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58542000 USD
CY2015Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
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0.0001
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0 shares
CY2016Q4 us-gaap Preferred Stock Shares Issued
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0 shares
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0 shares
CY2016Q4 us-gaap Preferred Stock Shares Outstanding
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0 shares
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0 USD
CY2016Q4 us-gaap Preferred Stock Value
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0 USD
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48127000 USD
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33696000 USD
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230000000 USD
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0 USD
CY2016 us-gaap Proceeds From Convertible Debt
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0 USD
CY2014 us-gaap Proceeds From Divestiture Of Businesses Net Of Cash Divested
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0 USD
CY2015 us-gaap Proceeds From Divestiture Of Businesses Net Of Cash Divested
ProceedsFromDivestitureOfBusinessesNetOfCashDivested
0 USD
CY2016 us-gaap Proceeds From Divestiture Of Businesses Net Of Cash Divested
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18135000 USD
CY2014 us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
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9265000 USD
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ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
106210000 USD
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82904000 USD
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0 USD
CY2016 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
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0 USD
CY2014 us-gaap Proceeds From Sale Of Treasury Stock
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1677000 USD
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1902000 USD
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2183000 USD
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30003000 USD
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19936000 USD
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13912000 USD
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40000000 USD
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0 USD
CY2016 us-gaap Proceeds From Unsecured Lines Of Credit
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144000000 USD
CY2014 us-gaap Profit Loss
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38895000 USD
CY2015 us-gaap Profit Loss
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46682000 USD
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7992000 USD
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286238000 USD
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336105000 USD
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168280000 USD
CY2016Q4 us-gaap Property Plant And Equipment Net
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155599000 USD
CY2015Q4 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
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61452000 USD
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49856000 USD
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61452000 USD
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49856000 USD
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40000000 USD
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CY2016 us-gaap Repayments Of Lines Of Credit
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115000000 USD
CY2014 us-gaap Repayments Of Long Term Capital Lease Obligations
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1515000 USD
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2021000 USD
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3815000 USD
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73620000 USD
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4946000 USD
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77081000 USD
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476750000 USD
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106681000 USD
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0 USD
CY2016 us-gaap Royalty Expense
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3300000 USD
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91430000 USD
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30000000 USD
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220453000 USD
CY2014 us-gaap Revenues
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307301000 USD
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6333000 USD
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201343000 USD
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88411000 USD
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131106000 USD
CY2014 us-gaap Share Based Compensation
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28987000 USD
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31711000 USD
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33979000 USD
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1056000 shares
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31.19
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
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18950000 USD
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
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18369000 USD
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
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8953000 USD
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
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289000 shares
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878000 shares
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
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15719000 USD
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
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2348000 shares
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
2329000 shares
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
31.04
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
32.48
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue
14865000 USD
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
2203000 shares
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
32.45
CY2016 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
22.88
CY2016 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
36.56
CY2016 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
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31.04
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SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
8397000 USD
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SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P3Y10D
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P4Y6M10D
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19409000 USD
CY2015 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
29815000 USD
CY2016 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
21687000 USD
CY2015Q4 us-gaap Short Term Borrowings
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0 USD
CY2016Q4 us-gaap Short Term Borrowings
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29000000 USD
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200000 USD
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41000 shares
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StockIssuedDuringPeriodSharesStockOptionsExercised
608000 shares
CY2016 us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
22000000 USD
CY2014 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
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1677000 USD
CY2015 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
1902000 USD
CY2016 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
2183000 USD
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StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
18353000 USD
CY2015 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
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22592000 USD
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19936000 USD
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25384000 USD
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30003000 USD
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40025000 USD
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13913000 USD
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95183000 USD
CY2014Q4 us-gaap Stockholders Equity
StockholdersEquity
529107000 USD
CY2015Q4 us-gaap Stockholders Equity
StockholdersEquity
609814000 USD
CY2016Q4 us-gaap Stockholders Equity
StockholdersEquity
657115000 USD
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610046000 USD
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3679000 shares
CY2016Q4 us-gaap Treasury Stock Shares
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3994000 shares
CY2015Q4 us-gaap Treasury Stock Value
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65651000 USD
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34900000 USD
CY2013Q4 us-gaap Unrecognized Tax Benefits
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708000 USD
CY2014 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
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218000 USD
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30000 USD
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651000 USD
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344000 USD
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362000 USD
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38000 USD
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11000 USD
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58000 USD
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44000 USD
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1100000 USD
CY2015Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
1500000 USD
CY2016Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
1700000 USD
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40418000 shares
CY2015 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
42284000 shares
CY2016 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
43571000 shares
CY2014 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
40418000 shares
CY2015 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
42284000 shares
CY2016 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
43571000 shares
CY2016 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Concentration of Credit Risk</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company&#8217;s financial instruments that are exposed to concentration of credit risk consist primarily of cash and cash equivalents, marketable securities and accounts receivable. The Company maintains its cash and cash equivalents at several major financial institutions. The Company has not experienced any realized losses in such accounts and believes it is not exposed to any significant credit risk related to cash, cash equivalents and securities. The Company&#8217;s cash equivalents and short&#8209;term marketable securities consist primarily of money market funds, certificates of deposit, commercial paper, and municipal and corporate bonds. The Company believes that concentration of credit risk with respect to accounts receivable is limited because of the creditworthiness of the Company&#8217;s major customers.</font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></div>
CY2016 us-gaap Nature Of Operations
NatureOfOperations
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Description of Business</font></div><div style="line-height:120%;text-align:justify;padding-left:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">General</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Synchronoss is a global software and services company that provides essential technologies for the mobile transformation of business. The Company's portfolio, which is targeted at the Consumer and Enterprise markets, contains offerings such as personal cloud, secure-mobility, identity management and scalable messaging platforms, products and solutions. These essential technologies create a better way of delivering the transformative mobile experiences that service providers and enterprises need to help them stay ahead of the curve in competition, innovation, productivity, growth and operational efficiency. </font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Synchronoss' products and platforms are designed to be carrier-grade, flexible and scalable, enabling multiple converged communication services to be managed across a range of distribution channels including e-commerce, m-commerce, telesales, customer stores, indirect and other retail outlets. This business model allows the Company to meet the rapidly changing converged services and connected devices offered by their customers. Synchronoss' products, platforms and solutions enable its enterprise and service provider customers to acquire, retain and service subscribers and employees quickly, reliably and cost-effectively with white label and custom-branded solutions.&#160;Synchronoss customers can simplify the processes associated with managing the customer experience for procuring, activating, connecting, backing-up, synchronizing and sharing/collaboration with connected devices and contents from these devices and associated services.&#160;&#160;The extensibility, scalability, reliability and relevance of the Company's platforms enable new revenue streams and retention opportunities for their customers through new subscriber acquisitions, sale of new devices, accessories and new value-added service offerings in the Cloud, including the services offered by Intralinks, which the Company acquired in January 2017. By using the Company's technologies, Synchronoss customers can optimize their cost of operations while enhancing their customer experience. </font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company currently operates in and markets their solutions and services directly through their sales organizations in North America, Europe, the Middle East and Africa or EMEA, Latin America and the Asia-Pacific region. Synchronoss delivers essential technologies for mobile transformation to two primary types of customers: service provider and enterprise customers in regulated verticals and use cases.</font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Service Providers, Retailers, OEMs, Re-sellers and Service Integrators</font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">These products and platforms provide end-to-end seamless integration between customer-facing channels/applications, communication services, or devices and &#8220;back-office&#8221; infrastructure-related systems and processes. Synchronoss' customers rely on their solutions and technology to automate the process of activation and content and settings management for their subscribers&#8217; devices while delivering additional communication services. Synchronoss' portfolio includes: cloud-based sync, backup, storage and content engagement capabilities, broadband connectivity solutions, analytics, white label messaging, identity/access management that enable communications service providers or CSPs, cable operators/multi-services operators, or MSOs and original equipment manufacturers, or OEMs with embedded connectivity (e.g. smartphones, laptops, tablets and mobile internet devices or MIDs, such as automobiles, wearables for personal health and wellness, and connected homes), multi-channel retailers, as well as other customers to accelerate and monetize value-add services for secure and broadband networks and connected devices.</font></div></div>
CY2016 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Use of Estimates</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of financial statements in conformity with U.S. generally accepted accounting principles (GAAP) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting periods. Actual results could differ from those estimates.</font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></div>

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