$SPSC
SPS COMMERCE INC

2017 Q4 Form 10-Q Financial Statement

#000156459017020287 Filed on October 27, 2017

View on sec.gov

Income Statement

Concept 2017 Q4 2017 Q3 2016 Q4
Revenue $58.20M $56.15M $51.06M
YoY Change 13.98% 13.93% 20.57%
Cost Of Revenue $19.46M $18.65M $17.32M
YoY Change 12.36% 15.3% 28.87%
Gross Profit $38.60M $37.41M $33.74M
YoY Change 14.4% 12.98% 16.7%
Gross Profit Margin 66.32% 66.63% 66.08%
Selling, General & Admin $31.03M $26.38M $24.11M
YoY Change 28.7% 11.43% 18.19%
% of Gross Profit 80.39% 70.51% 71.46%
Research & Development $6.160M $6.549M $5.800M
YoY Change 6.21% 17.49% 18.37%
% of Gross Profit 15.96% 17.51% 17.19%
Depreciation & Amortization $3.060M $2.960M $2.910M
YoY Change 5.15% 5.34% 22.27%
% of Gross Profit 7.93% 7.91% 8.63%
Operating Expenses $38.31M $6.549M $31.09M
YoY Change 23.22% -78.49% 19.16%
Operating Profit $292.0K $3.354M $2.653M
YoY Change -88.99% 25.62% -5.72%
Interest Expense $330.0K $270.0K $190.0K
YoY Change 73.68% 145.45% 171.43%
% of Operating Profit 113.01% 8.05% 7.16%
Other Income/Expense, Net $40.00K $77.00K -$130.0K
YoY Change -130.77% -92.73% -218.18%
Pretax Income $660.0K $2.922M $2.710M
YoY Change -75.65% -21.64% -9.67%
Income Tax $640.0K $1.058M $910.0K
% Of Pretax Income 96.97% 36.21% 33.58%
Net Earnings -$6.778M $2.176M $1.805M
YoY Change -475.51% -13.27% -15.34%
Net Earnings / Revenue -11.65% 3.88% 3.53%
Basic Earnings Per Share $0.11
Diluted Earnings Per Share -$0.39 $0.13 $0.10
COMMON SHARES
Basic Shares Outstanding 17.22M 17.22M 17.04M shares
Diluted Shares Outstanding 17.41M

Balance Sheet

Concept 2017 Q4 2017 Q3 2016 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $163.3M $163.9M $139.0M
YoY Change 17.52% 30.77% 7.63%
Cash & Equivalents $123.1M $129.0M $115.9M
Short-Term Investments $40.20M $34.87M $23.08M
Other Short-Term Assets $6.149M $5.853M $7.010M
YoY Change -12.28% -20.07% 39.36%
Inventory
Prepaid Expenses
Receivables $24.90M $24.18M $20.75M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $224.3M $217.2M $185.9M
YoY Change 20.65% 25.86% 11.48%
LONG-TERM ASSETS
Property, Plant & Equipment $16.86M $15.62M $15.31M
YoY Change 10.07% 5.3% 12.44%
Goodwill $51.61M $51.78M $49.78M
YoY Change 3.69% 1.53% 47.06%
Intangibles
YoY Change
Long-Term Investments $5.200M $2.500M $7.500M
YoY Change -30.67% -80.0% -50.0%
Other Assets $1.539M $1.101M $1.527M
YoY Change 0.79% -48.31% 47.25%
Total Long-Term Assets $115.4M $121.8M $112.4M
YoY Change 2.65% 1.77% 18.42%
TOTAL ASSETS
Total Short-Term Assets $224.3M $217.2M $185.9M
Total Long-Term Assets $115.4M $121.8M $112.4M
Total Assets $339.7M $339.0M $298.4M
YoY Change 13.87% 15.99% 14.0%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $4.463M $3.089M $2.302M
YoY Change 93.87% 26.49% 6.43%
Accrued Expenses $4.712M $3.991M $3.508M
YoY Change 34.32% 59.07% 76.55%
Deferred Revenue $17.86M
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $43.95M $37.63M $32.16M
YoY Change 36.64% 24.45% 32.71%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $5.800M $14.10M $15.00M
YoY Change -61.33% -5.37% -1.96%
Total Long-Term Liabilities $5.800M $14.10M $15.00M
YoY Change -61.33% -5.37% -1.96%
TOTAL LIABILITIES
Total Short-Term Liabilities $43.95M $37.63M $32.16M
Total Long-Term Liabilities $5.800M $14.10M $15.00M
Total Liabilities $51.63M $53.85M $49.10M
YoY Change 5.15% 13.45% 24.15%
SHAREHOLDERS EQUITY
Retained Earnings -$8.611M -$10.80M -$33.74M
YoY Change -74.48% -69.62% -14.47%
Common Stock $301.9M $295.0M $286.3M
YoY Change 5.43% 4.76% 7.93%
Preferred Stock
YoY Change
Treasury Stock (at cost) $5.815M
YoY Change
Treasury Stock Shares $122.1K $0.00
Shareholders Equity $288.1M $285.2M $257.8M
YoY Change
Total Liabilities & Shareholders Equity $339.7M $339.0M $298.4M
YoY Change 13.87% 15.99% 14.0%

Cashflow Statement

Concept 2017 Q4 2017 Q3 2016 Q4
OPERATING ACTIVITIES
Net Income -$6.778M $2.176M $1.805M
YoY Change -475.51% -13.27% -15.34%
Depreciation, Depletion And Amortization $3.060M $2.960M $2.910M
YoY Change 5.15% 5.34% 22.27%
Cash From Operating Activities $9.080M $4.060M $8.420M
YoY Change 7.84% 160.26% 11.52%
INVESTING ACTIVITIES
Capital Expenditures -$2.030M -$1.910M -$2.040M
YoY Change -0.49% -34.14% -9.73%
Acquisitions
YoY Change
Other Investing Activities -$8.060M -$5.440M -$2.450M
YoY Change 228.98% -1611.11% -51.2%
Cash From Investing Activities -$10.09M -$7.350M -$4.490M
YoY Change 124.72% 189.37% -38.24%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -4.790M 60.00K 3.090M
YoY Change -255.02% -98.04% 0.98%
NET CHANGE
Cash From Operating Activities 9.080M 4.060M 8.420M
Cash From Investing Activities -10.09M -7.350M -4.490M
Cash From Financing Activities -4.790M 60.00K 3.090M
Net Change In Cash -5.800M -3.230M 7.020M
YoY Change -182.62% -255.29% 110.18%
FREE CASH FLOW
Cash From Operating Activities $9.080M $4.060M $8.420M
Capital Expenditures -$2.030M -$1.910M -$2.040M
Free Cash Flow $11.11M $5.970M $10.46M
YoY Change 6.21% 33.86% 6.63%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2017Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
17224320
CY2017Q3 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
12681000
CY2016Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
13740000
us-gaap Net Income Loss
NetIncomeLoss
6661000
us-gaap Net Income Loss
NetIncomeLoss
3905000
CY2016Q4 us-gaap Deferred Costs
DeferredCosts
6086000
CY2016Q4 us-gaap Deferred Rent Credit Current
DeferredRentCreditCurrent
1556000
CY2016Q4 us-gaap Assets
Assets
298365000
CY2016Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
2302000
CY2016Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
3508000
CY2017Q3 us-gaap Available For Sale Securities Debt Securities Current
AvailableForSaleSecuritiesDebtSecuritiesCurrent
34869000
CY2016Q4 us-gaap Available For Sale Securities Debt Securities Current
AvailableForSaleSecuritiesDebtSecuritiesCurrent
23076000
CY2016Q4 us-gaap Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
12446000
CY2017Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
1101000
CY2016Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
1527000
CY2017Q3 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
294943000
CY2016Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
286315000
CY2017Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-10800000
CY2016Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-33739000
CY2017Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
1013000
CY2016Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-3326000
CY2017Q3 us-gaap Stockholders Equity
StockholdersEquity
285173000
CY2016Q4 us-gaap Stockholders Equity
StockholdersEquity
249267000
CY2017Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
339021000
CY2016Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
298365000
CY2017Q3 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
878000
CY2016Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
515000
CY2017Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2016Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2017Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000
CY2016Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000
CY2017Q3 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2016Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2017Q3 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0
CY2016Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0
CY2017Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2016Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2017Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
55000000
CY2016Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
55000000
CY2017Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
17224060
CY2016Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
17081145
CY2017Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
17224060
CY2016Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
17081145
CY2017Q3 us-gaap Revenues
Revenues
56150000
CY2016Q3 us-gaap Revenues
Revenues
49284000
us-gaap Revenues
Revenues
162366000
us-gaap Revenues
Revenues
142234000
CY2017Q3 us-gaap Cost Of Revenue
CostOfRevenue
18645000
CY2016Q3 us-gaap Cost Of Revenue
CostOfRevenue
16171000
us-gaap Gross Profit
GrossProfit
108200000
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2016Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.15
CY2017Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
77000
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.39
CY2017Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.11
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
1274000
CY2016Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
3729000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
9297000
CY2017Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1058000
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.23
CY2016Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
17001000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
17192000
CY2016Q4 us-gaap Liabilities Current
LiabilitiesCurrent
32161000
CY2016Q4 us-gaap Deferred Rent Credit Noncurrent
DeferredRentCreditNoncurrent
4179000
CY2016Q4 us-gaap Marketable Securities Noncurrent
MarketableSecuritiesNoncurrent
7494000
CY2016Q4 us-gaap Assets Current
AssetsCurrent
185933000
CY2017Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
15616000
CY2016Q4 us-gaap Goodwill
Goodwill
49777000
CY2017Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
17720000
CY2016Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
19788000
CY2017Q3 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
16209000
CY2017Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
128984000
CY2017Q3 us-gaap Assets
Assets
339021000
CY2016Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
115877000
CY2017Q3 us-gaap Marketable Securities Noncurrent
MarketableSecuritiesNoncurrent
2491000
CY2017Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
24175000
CY2017Q3 us-gaap Deferred Costs
DeferredCosts
6475000
CY2016Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
20746000
CY2017Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
3089000
CY2017Q3 us-gaap Deferred Costs Current
DeferredCostsCurrent
23326000
CY2016Q4 us-gaap Deferred Costs Current
DeferredCostsCurrent
19224000
CY2017Q3 us-gaap Other Assets Current
OtherAssetsCurrent
5853000
CY2016Q4 us-gaap Other Assets Current
OtherAssetsCurrent
7010000
CY2017Q3 us-gaap Assets Current
AssetsCurrent
217207000
CY2016Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
15314000
CY2017Q3 us-gaap Goodwill
Goodwill
51783000
CY2017Q3 us-gaap Deferred Rent Credit Noncurrent
DeferredRentCreditNoncurrent
3498000
CY2017Q3 us-gaap Deferred Rent Credit Current
DeferredRentCreditCurrent
1655000
CY2017Q3 us-gaap Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
26628000
CY2016Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2017Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
3991000
CY2016Q4 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
11055000
CY2017Q3 us-gaap Liabilities Current
LiabilitiesCurrent
37625000
CY2017Q3 us-gaap Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
10625000
CY2016Q4 us-gaap Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
10847000
CY2016Q4 us-gaap Liabilities
Liabilities
49098000
CY2017Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2017Q3 us-gaap Preferred Stock Value
PreferredStockValue
CY2016Q4 us-gaap Preferred Stock Value
PreferredStockValue
CY2017Q3 us-gaap Common Stock Value
CommonStockValue
17000
CY2017Q3 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
2100000
CY2016Q4 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
1911000
CY2017Q3 us-gaap Liabilities
Liabilities
53848000
CY2016Q4 us-gaap Common Stock Value
CommonStockValue
17000
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
13000
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
2408000
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
20000
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
-48000
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
-21000
us-gaap Cost Of Revenue
CostOfRevenue
54166000
CY2016Q3 us-gaap Gross Profit
GrossProfit
33113000
us-gaap Cost Of Revenue
CostOfRevenue
47024000
CY2017Q3 us-gaap Gross Profit
GrossProfit
37505000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
3553000
us-gaap Operating Expenses
OperatingExpenses
99251000
us-gaap Operating Expenses
OperatingExpenses
90346000
CY2016Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
2670000
us-gaap Operating Income Loss
OperatingIncomeLoss
8949000
us-gaap Operating Income Loss
OperatingIncomeLoss
4864000
CY2017Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
272000
CY2016Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
112000
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
704000
CY2017Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-195000
CY2016Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
947000
CY2016Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-80000
CY2017Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
-72000
CY2016Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
-22000
CY2017Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
3732000
CY2017Q3 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
18239000
CY2016Q3 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
16526000
CY2017Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
6549000
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
21516000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
3460000
CY2016Q3 us-gaap Operating Expenses
OperatingExpenses
30443000
CY2017Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
2845000
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
408000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-356000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
866000
CY2016Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
1059000
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
348000
CY2017Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
2922000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
6138000
CY2016Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1220000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2636000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2233000
CY2017Q3 us-gaap Net Income Loss
NetIncomeLoss
1864000
CY2016Q3 us-gaap Net Income Loss
NetIncomeLoss
2509000
CY2017Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.11
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.23
CY2016Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.14
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.38
CY2017Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
17223000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
16916000
CY2017Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
17410000
CY2016Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
17341000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
17394000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
17185000
CY2017Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
1779000
CY2016Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
443000
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
4291000
CY2017Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
17000
CY2016Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
2894000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
11000000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
6354000
CY2017Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
10000
us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
12500000
spsc Payments To Acquire Businesses And Intangible Assets Net Of Cash Acquired
PaymentsToAcquireBusinessesAndIntangibleAssetsNetOfCashAcquired
500000
spsc Payments To Acquire Businesses And Intangible Assets Net Of Cash Acquired
PaymentsToAcquireBusinessesAndIntangibleAssetsNetOfCashAcquired
18062000
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-12532000
CY2016Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
-50000
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
0
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
12000
CY2017Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
44000
CY2016Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
14000
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
29000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
1968000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-818000
us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
-1103000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
5261000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
4883000
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
1365000
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
977000
us-gaap Share Based Compensation
ShareBasedCompensation
6833000
us-gaap Share Based Compensation
ShareBasedCompensation
6004000
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
19000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
4476000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
3879000
us-gaap Increase Decrease In Deferred Charges
IncreaseDecreaseInDeferredCharges
4487000
us-gaap Increase Decrease In Deferred Charges
IncreaseDecreaseInDeferredCharges
4194000
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-1135000
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
2840000
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
632000
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-90000
us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
-1140000
us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
173000
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
469000
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
126000
us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
4932000
us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
3927000
spsc Increase Decrease In Deferred Rent
IncreaseDecreaseInDeferredRent
-622000
spsc Increase Decrease In Deferred Rent
IncreaseDecreaseInDeferredRent
-271000
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
21972000
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
10353000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
5242000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
5972000
us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
29819000
us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
18137000
us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
23029000
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-29671000
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
1307000
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
3520000
us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
2710000
us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
1011000
us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
786000
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
2318000
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
7016000
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
1349000
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
399000
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
13107000
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-11903000
CY2015Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
121538000
CY2016Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
109635000
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
276000
us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
2006000
us-gaap Use Of Estimates
UseOfEstimates
<div> <p style="margin-top:18pt;margin-bottom:0pt;text-indent:0%;font-style:italic;font-size:10pt;font-family:Times New Roman;font-weight:normal;text-transform:none;font-variant: normal;">Use of Estimates</p> <p style="Background-color:#FFFFFF;margin-bottom:0pt;margin-top:6pt;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;text-indent:4.54%;">Preparing financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and 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.&nbsp;&nbsp;Actual results could differ from those estimates.</p></div>
us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
0
CY2017Q3 us-gaap Income Tax Examination Penalties And Interest Accrued
IncomeTaxExaminationPenaltiesAndInterestAccrued
0
CY2017Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
152000
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
44.72
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
56.02
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
20.79
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
56.12
CY2017Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
47.69
CY2017Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
708209
CY2017Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
43.91
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P4Y3M19D
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
18.90
spsc Number Of Offerings
NumberOfOfferings
2
CY2017Q3 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0
CY2017Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
38979000
CY2017Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
22054000
us-gaap Finite Lived Intangible Assets Foreign Currency Translation Gain Loss
FiniteLivedIntangibleAssetsForeignCurrencyTranslationGainLoss
-795000
CY2016Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
38059000
CY2016Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
18646000
CY2016 us-gaap Finite Lived Intangible Assets Foreign Currency Translation Gain Loss
FiniteLivedIntangibleAssetsForeignCurrencyTranslationGainLoss
-375000
CY2017Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
1125000
CY2017Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
4035000
CY2017Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
3743000
CY2017Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
3375000
CY2017Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
2529000
CY2017Q3 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
2913000
CY2017Q3 us-gaap Operating Leases Future Minimum Payments Remainder Of Fiscal Year
OperatingLeasesFutureMinimumPaymentsRemainderOfFiscalYear
897000
CY2017Q3 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
3639000
CY2017Q3 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
3678000
CY2017Q3 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
1981000
CY2017Q3 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
1077000
CY2017Q3 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
1173000
CY2017Q3 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
12445000
CY2017Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
4500000
CY2017Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2347000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
6833000
CY2016Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2012000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
6004000
CY2017Q3 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
17900000
us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P2Y7M7D
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1016012
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
169451
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
62854
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
10622
CY2017Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1111987
CY2016Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
295000
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
169000
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
253000
CY2017Q3 spsc Incremental Common Shares Attributable To Restricted Stock Units
IncrementalCommonSharesAttributableToRestrictedStockUnits
35000
CY2016Q3 spsc Incremental Common Shares Attributable To Restricted Stock Units
IncrementalCommonSharesAttributableToRestrictedStockUnits
44000
spsc Incremental Common Shares Attributable To Restricted Stock Units
IncrementalCommonSharesAttributableToRestrictedStockUnits
33000
spsc Incremental Common Shares Attributable To Restricted Stock Units
IncrementalCommonSharesAttributableToRestrictedStockUnits
16000
CY2016Q3 us-gaap Weighted Average Number Of Shares Employee Stock Ownership Plan Shares Not Committed To Be Released
WeightedAverageNumberOfSharesEmployeeStockOwnershipPlanSharesNotCommittedToBeReleased
1000
CY2017Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
267000
CY2016Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
265000
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
267000

Files In Submission

Name View Source Status
0001564590-17-020287-index-headers.html Edgar Link pending
0001564590-17-020287-index.html Edgar Link pending
0001564590-17-020287.txt Edgar Link pending
0001564590-17-020287-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R4.htm Edgar Link pending
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
spsc-10q_20170930.htm Edgar Link pending
spsc-20170930.xml Edgar Link completed
spsc-20170930.xsd Edgar Link pending
spsc-20170930_cal.xml Edgar Link unprocessable
spsc-20170930_def.xml Edgar Link unprocessable
spsc-20170930_lab.xml Edgar Link unprocessable
spsc-20170930_pre.xml Edgar Link unprocessable
spsc-ex311_7.htm Edgar Link pending
spsc-ex312_8.htm Edgar Link pending
spsc-ex321_6.htm Edgar Link pending