2019 Q1 Form 10-Q Financial Statement

#000143462119000026 Filed on April 29, 2019

View on sec.gov

Income Statement

Concept 2019 Q1 2018 Q1
Revenue $262.4M $181.0M
YoY Change 44.94% 36.61%
Cost Of Revenue $17.67M $5.696M
YoY Change 210.22% 58.62%
Gross Profit $106.5M $175.3M
YoY Change -39.25% 36.0%
Gross Profit Margin 40.6% 96.85%
Selling, General & Admin $206.0M $148.9M
YoY Change 38.39% 42.04%
% of Gross Profit 193.4% 84.9%
Research & Development $10.17M $6.260M
YoY Change 62.4% 72.78%
% of Gross Profit 9.54% 3.57%
Depreciation & Amortization $2.482M $1.671M
YoY Change 48.53% -1.88%
% of Gross Profit 2.33% 0.95%
Operating Expenses $216.2M $155.1M
YoY Change 39.36% 43.07%
Operating Profit -$1.802M $15.35M
YoY Change -111.74% 122.98%
Interest Expense $5.468M -$3.000M
YoY Change -282.27% 1400.0%
% of Operating Profit -19.54%
Other Income/Expense, Net $68.00K $34.00K
YoY Change 100.0%
Pretax Income -$7.202M $12.40M
YoY Change -158.1% 84.49%
Income Tax -$7.752M -$23.46M
% Of Pretax Income -189.26%
Net Earnings -$500.0K $31.50M
YoY Change -101.59% 356.52%
Net Earnings / Revenue -0.19% 17.4%
Basic Earnings Per Share -$0.04 $2.61
Diluted Earnings Per Share -$0.04 $2.12
COMMON SHARES
Basic Shares Outstanding 12.72M shares 12.09M shares
Diluted Shares Outstanding 14.19M shares 14.85M shares

Balance Sheet

Concept 2019 Q1 2018 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $64.60M $346.5M
YoY Change -81.36% 228.75%
Cash & Equivalents $64.57M $346.5M
Short-Term Investments
Other Short-Term Assets $34.70M $17.90M
YoY Change 93.85% 115.66%
Inventory
Prepaid Expenses
Receivables $119.7M $64.77M
Other Receivables $0.00 $0.00
Total Short-Term Assets $219.0M $429.0M
YoY Change -48.96% 158.29%
LONG-TERM ASSETS
Property, Plant & Equipment $25.82M $37.56M
YoY Change -31.25% 6.69%
Goodwill $420.0M $113.4M
YoY Change 270.43% 100.8%
Intangibles $223.9M $77.04M
YoY Change 190.61% 11.82%
Long-Term Investments
YoY Change
Other Assets $13.30M $1.933M
YoY Change 588.2% 123.47%
Total Long-Term Assets $773.5M $277.7M
YoY Change 178.52% 50.86%
TOTAL ASSETS
Total Short-Term Assets $219.0M $429.0M
Total Long-Term Assets $773.5M $277.7M
Total Assets $992.5M $706.8M
YoY Change 40.43% 101.82%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $12.20M $4.700M
YoY Change 159.57% 9.3%
Accrued Expenses $106.0M $78.15M
YoY Change 35.65% 34.13%
Deferred Revenue $600.0K
YoY Change
Short-Term Debt $185.0M $0.00
YoY Change
Long-Term Debt Due $185.0M
YoY Change
Total Short-Term Liabilities $350.3M $128.7M
YoY Change 172.19% 36.57%
LONG-TERM LIABILITIES
Long-Term Debt $254.2M $241.3M
YoY Change 5.35%
Other Long-Term Liabilities $16.20M $1.611M
YoY Change 905.4% -0.37%
Total Long-Term Liabilities $270.4M $242.9M
YoY Change 11.32% 14924.3%
TOTAL LIABILITIES
Total Short-Term Liabilities $350.3M $128.7M
Total Long-Term Liabilities $270.4M $242.9M
Total Liabilities $640.3M $376.9M
YoY Change 69.9% 246.43%
SHAREHOLDERS EQUITY
Retained Earnings -$611.0M -$707.0M
YoY Change -13.58% -1.41%
Common Stock $1.145B $1.101B
YoY Change 3.99% 7.66%
Preferred Stock
YoY Change
Treasury Stock (at cost) $181.7M $96.09M
YoY Change 89.07% 49.93%
Treasury Stock Shares 2.636M shares 2.270M shares
Shareholders Equity $352.2M $329.9M
YoY Change
Total Liabilities & Shareholders Equity $992.5M $706.8M
YoY Change 40.43% 101.82%

Cashflow Statement

Concept 2019 Q1 2018 Q1
OPERATING ACTIVITIES
Net Income -$500.0K $31.50M
YoY Change -101.59% 356.52%
Depreciation, Depletion And Amortization $2.482M $1.671M
YoY Change 48.53% -1.88%
Cash From Operating Activities $20.40M $15.00M
YoY Change 36.0% -7.98%
INVESTING ACTIVITIES
Capital Expenditures -$5.000M -$3.500M
YoY Change 42.86% 84.21%
Acquisitions
YoY Change
Other Investing Activities $0.00 $34.00K
YoY Change -100.0%
Cash From Investing Activities -$110.4M -$3.500M
YoY Change 3054.43% 84.21%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $3.976M $12.10M
YoY Change -67.14%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $49.41M -33.60M
YoY Change -247.05% 33500.0%
NET CHANGE
Cash From Operating Activities 20.40M 15.00M
Cash From Investing Activities -$110.4M -3.500M
Cash From Financing Activities $49.41M -33.60M
Net Change In Cash -$61.00M -22.10M
YoY Change 176.0% -254.55%
FREE CASH FLOW
Cash From Operating Activities $20.40M $15.00M
Capital Expenditures -$5.000M -$3.500M
Free Cash Flow $25.40M $18.50M
YoY Change 37.3% 1.65%

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CY2018Q1 us-gaap Discontinued Operation Tax Effect Of Discontinued Operation
DiscontinuedOperationTaxEffectOfDiscontinuedOperation
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CY2019Q1 us-gaap Discontinued Operation Tax Effect Of Discontinued Operation
DiscontinuedOperationTaxEffectOfDiscontinuedOperation
-282000 USD
CY2018Q4 us-gaap Disposal Group Including Discontinued Operation Assets Noncurrent
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3266000 USD
CY2019Q1 us-gaap Disposal Group Including Discontinued Operation Assets Noncurrent
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3266000 USD
CY2019Q1 us-gaap Disposal Group Including Discontinued Operation Consideration
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24500000 USD
CY2018Q1 us-gaap Disposal Group Including Discontinued Operation Revenue
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0 USD
CY2019Q1 us-gaap Disposal Group Including Discontinued Operation Revenue
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0 USD
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2.61
CY2019Q1 us-gaap Earnings Per Share Basic
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2.12
CY2019Q1 us-gaap Earnings Per Share Diluted
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-0.04
CY2018Q1 us-gaap Effective Income Tax Rate Continuing Operations
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CY2019Q1 us-gaap Effective Income Tax Rate Continuing Operations
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1.076
CY2019Q1 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.21 Rate
CY2018Q4 us-gaap Employee Related Liabilities Current
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6381000 USD
CY2019Q1 us-gaap Employee Related Liabilities Current
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12831000 USD
CY2018Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Purchases Sales Issuances Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPurchasesSalesIssuancesSettlements
0 USD
CY2019Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Purchases Sales Issuances Settlements
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0 USD
CY2018Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements
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-23500000 USD
CY2019Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements
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-4000000 USD
CY2017Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
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57349000 USD
CY2018Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
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33108000 USD
CY2018Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
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38837000 USD
CY2019Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
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49429000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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38941000 USD
CY2019Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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52368000 USD
CY2019Q1 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
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41810000 USD
CY2019Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
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41844000 USD
CY2019Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
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8702000 USD
CY2019Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
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25356000 USD
CY2019Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
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42839000 USD
CY2019Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
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53179000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Gross
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234498000 USD
CY2019Q1 us-gaap Finite Lived Intangible Assets Gross
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266098000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Net
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195557000 USD
CY2019Q1 us-gaap Finite Lived Intangible Assets Net
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213730000 USD
CY2018Q1 us-gaap Gain Loss On Sale Of Property Plant Equipment
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CY2019Q1 us-gaap Gain Loss On Sale Of Property Plant Equipment
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CY2018Q1 us-gaap General And Administrative Expense
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22814000 USD
CY2019Q1 us-gaap General And Administrative Expense
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31117000 USD
CY2018Q4 us-gaap Goodwill
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348347000 USD
CY2019Q1 us-gaap Goodwill
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419952000 USD
CY2018Q4 us-gaap Goodwill Gross
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831435000 USD
CY2019Q1 us-gaap Goodwill Gross
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903040000 USD
CY2018Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
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483088000 USD
CY2019Q1 us-gaap Goodwill Impaired Accumulated Impairment Loss
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483088000 USD
CY2018Q1 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
35857000 USD
CY2019Q1 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
550000 USD
CY2018Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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12396000 USD
CY2019Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-7202000 USD
CY2018Q1 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
2.97
CY2019Q1 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.04
CY2018Q1 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
2.41
CY2019Q1 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.04
CY2018Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
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-4333000 USD
CY2019Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
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-1062000 USD
CY2018Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
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-0.36
CY2019Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
-0.08
CY2018Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
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-0.29
CY2019Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
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-0.07
CY2018Q1 us-gaap Income Tax Expense Benefit
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-23461000 USD
CY2019Q1 us-gaap Income Tax Expense Benefit
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-7752000 USD
CY2018Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
11381000 USD
CY2019Q1 us-gaap Increase Decrease In Accounts Receivable
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27534000 USD
CY2018Q1 us-gaap Increase Decrease In Accrued Income Taxes Payable
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2092000 USD
CY2019Q1 us-gaap Increase Decrease In Accrued Income Taxes Payable
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4288000 USD
CY2018Q1 us-gaap Increase Decrease In Other Operating Capital Net
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158000 USD
CY2019Q1 us-gaap Increase Decrease In Other Operating Capital Net
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-253000 USD
CY2018Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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515000 USD
CY2019Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
207000 USD
CY2018Q1 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
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986000 shares
CY2019Q1 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
621000 shares
CY2018Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1559000 shares
CY2019Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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686000 shares
CY2018Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
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10142000 USD
CY2019Q1 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
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10142000 USD
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205699000 USD
CY2019Q1 us-gaap Intangible Assets Net Excluding Goodwill
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223872000 USD
CY2018Q1 us-gaap Interest Expense Debt
InterestExpenseDebt
3600000 USD
CY2019Q1 us-gaap Interest Expense Debt
InterestExpenseDebt
3800000 USD
CY2018Q1 us-gaap Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
500000 USD
CY2019Q1 us-gaap Interest Expense Debt Excluding Amortization
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500000 USD
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CY2019Q1 us-gaap Interest Income Expense Net
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CY2019Q1 us-gaap Lease Cost
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1302000 USD
CY2019Q1 us-gaap Lessee Operating Lease Liability Payments Due
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14325000 USD
CY2019Q1 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
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343000 USD
CY2019Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Five
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1552000 USD
CY2019Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Four
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1913000 USD
CY2019Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Three
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2298000 USD
CY2019Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
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4248000 USD
CY2019Q1 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
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3971000 USD
CY2019Q1 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
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1295000 USD
CY2019Q1 us-gaap Lessor Operating Lease Payments To Be Received
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1884000 USD
CY2019Q1 us-gaap Lessor Operating Lease Payments To Be Received Five Years
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113000 USD
CY2019Q1 us-gaap Lessor Operating Lease Payments To Be Received Four Years
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116000 USD
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531000 USD
CY2019Q1 us-gaap Lessor Operating Lease Payments To Be Received Thereafter
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74000 USD
CY2019Q1 us-gaap Lessor Operating Lease Payments To Be Received Three Years
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324000 USD
CY2019Q1 us-gaap Lessor Operating Lease Payments To Be Received Two Years
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726000 USD
CY2018Q4 us-gaap Liabilities
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549907000 USD
CY2019Q1 us-gaap Liabilities
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640317000 USD
CY2018Q4 us-gaap Liabilities And Stockholders Equity
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896115000 USD
CY2019Q1 us-gaap Liabilities And Stockholders Equity
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992505000 USD
CY2018Q4 us-gaap Liabilities Current
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261953000 USD
CY2019Q1 us-gaap Liabilities Current
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350259000 USD
CY2018Q4 us-gaap Liabilities Of Disposal Group Including Discontinued Operation Current
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17609000 USD
CY2019Q1 us-gaap Liabilities Of Disposal Group Including Discontinued Operation Current
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16361000 USD
CY2018Q4 us-gaap Litigation Reserve
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200000 USD
CY2019Q1 us-gaap Litigation Reserve
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100000 USD
CY2018Q1 us-gaap Litigation Settlement Expense
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CY2019Q1 us-gaap Litigation Settlement Expense
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CY2018Q4 us-gaap Long Term Debt Current
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125000000 USD
CY2018Q4 us-gaap Long Term Debt Current
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125000000 USD
CY2019Q1 us-gaap Long Term Debt Current
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185000000 USD
CY2019Q1 us-gaap Long Term Debt Current
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185000000 USD
CY2019Q1 us-gaap Long Term Debt Fair Value
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523500000 USD
CY2018Q4 us-gaap Long Term Debt Noncurrent
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250943000 USD
CY2019Q1 us-gaap Long Term Debt Noncurrent
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254248000 USD
CY2018Q4 us-gaap Longterm Debt Weighted Average Interest Rate
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0.0402 Rate
CY2019Q1 us-gaap Longterm Debt Weighted Average Interest Rate
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0.0399 Rate
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61.0
CY2018Q1 us-gaap Net Cash Provided By Used In Continuing Operations
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CY2019Q1 us-gaap Net Cash Provided By Used In Continuing Operations
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CY2018Q1 us-gaap Net Cash Provided By Used In Discontinued Operations
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CY2019Q1 us-gaap Net Cash Provided By Used In Discontinued Operations
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CY2018Q1 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
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CY2019Q1 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
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49408000 USD
CY2018Q1 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
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CY2019Q1 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
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CY2018Q1 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
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17675000 USD
CY2019Q1 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
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23269000 USD
CY2018Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
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31524000 USD
CY2019Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
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CY2018Q1 us-gaap New Accounting Pronouncement Or Change In Accounting Principle Effect Of Adoption Quantification
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1373000 USD
CY2018 us-gaap Number Of Reportable Segments
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CY2019Q1 us-gaap Number Of Reportable Segments
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15350000 USD
CY2019Q1 us-gaap Operating Income Loss
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CY2019Q1 us-gaap Operating Lease Cost
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1263000 USD
CY2019Q1 us-gaap Operating Lease Lease Income
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200000 USD
CY2019Q1 us-gaap Operating Lease Liability
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13000000 USD
CY2019Q1 us-gaap Operating Lease Liability
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13030000 USD
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CY2019Q1 us-gaap Operating Lease Liability Current
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4695000 USD
CY2019Q1 us-gaap Operating Lease Payments
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1292000 USD
CY2019Q1 us-gaap Operating Lease Right Of Use Asset
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11200000 USD
CY2019Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
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CY2019Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term
OperatingLeaseWeightedAverageRemainingLeaseTerm
P3Y6M10D
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due
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CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due Current
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228000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
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736000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
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1094000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
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3188000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Receivable
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657000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Five Years
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56000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Four Years
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59000 USD
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269000 USD
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673000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Receivable Thereafter
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65000 USD
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2168000 USD
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13303000 USD
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202000 USD
CY2019Q1 us-gaap Other Depreciation And Amortization
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CY2019Q1 us-gaap Other Liabilities Current
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17837000 USD
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8360000 USD
CY2019Q1 us-gaap Other Liabilities Noncurrent
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16197000 USD
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34000 USD
CY2019Q1 us-gaap Other Nonoperating Income Expense
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68000 USD
CY2018Q1 us-gaap Payment For Contingent Consideration Liability Financing Activities
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23500000 USD
CY2019Q1 us-gaap Payment For Contingent Consideration Liability Financing Activities
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3000000 USD
CY2017Q2 us-gaap Payments For Hedge Financing Activities
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61500000 USD
CY2018Q1 us-gaap Payments For Proceeds From Other Investing Activities
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34000 USD
CY2019Q1 us-gaap Payments For Proceeds From Other Investing Activities
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CY2018Q1 us-gaap Payments For Repurchase Of Common Stock
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12099000 USD
CY2019Q1 us-gaap Payments For Repurchase Of Common Stock
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3976000 USD
CY2018Q1 us-gaap Payments Of Debt Issuance Costs
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76000 USD
CY2019Q1 us-gaap Payments Of Debt Issuance Costs
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31000 USD
CY2018Q1 us-gaap Payments To Acquire Productive Assets
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3456000 USD
CY2019Q1 us-gaap Payments To Acquire Productive Assets
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4960000 USD
CY2018Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
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CY2019Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
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CY2019Q1 us-gaap Preferred Stock Shares Authorized
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CY2019Q1 us-gaap Preferred Stock Shares Issued
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0 shares
CY2018Q4 us-gaap Preferred Stock Shares Outstanding
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0 shares
CY2019Q1 us-gaap Preferred Stock Shares Outstanding
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0 shares
CY2018Q4 us-gaap Preferred Stock Value
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CY2019Q1 us-gaap Preferred Stock Value
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16428000 USD
CY2019Q1 us-gaap Prepaid Expense And Other Assets Current
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12899000 USD
CY2018Q1 us-gaap Proceeds And Excess Tax Benefit From Sharebased Compensation
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27203000 USD
CY2019Q1 us-gaap Proceeds And Excess Tax Benefit From Sharebased Compensation
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6003000 USD
CY2017Q2 us-gaap Proceeds From Issuance Of Warrants
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43400000 USD
CY2018Q1 us-gaap Proceeds From Long Term Lines Of Credit
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0 USD
CY2019Q1 us-gaap Proceeds From Long Term Lines Of Credit
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60000000 USD
CY2018Q4 us-gaap Property Plant And Equipment Net
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23175000 USD
CY2019Q1 us-gaap Property Plant And Equipment Net
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25823000 USD
CY2018Q1 us-gaap Provision For Doubtful Accounts
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56000 USD
CY2019Q1 us-gaap Provision For Doubtful Accounts
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510000 USD
CY2018Q1 us-gaap Research And Development Expense
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6260000 USD
CY2019Q1 us-gaap Research And Development Expense
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10166000 USD
CY2018Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
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56000 USD
CY2019Q1 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
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38000 USD
CY2018Q4 us-gaap Retained Earnings Accumulated Deficit
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CY2019Q1 us-gaap Retained Earnings Accumulated Deficit
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CY2018Q1 us-gaap Revenues
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CY2019Q1 us-gaap Revenues
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262390000 USD
CY2019Q1 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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3534000 USD
CY2018Q1 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
126044000 USD
CY2019Q1 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
174891000 USD
CY2018Q1 us-gaap Severance Costs1
SeveranceCosts1
0 USD
CY2019Q1 us-gaap Severance Costs1
SeveranceCosts1
54000 USD
CY2018Q1 us-gaap Share Based Compensation
ShareBasedCompensation
11109000 USD
CY2019Q1 us-gaap Share Based Compensation
ShareBasedCompensation
14053000 USD
CY2019Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
161.64
CY2019Q1 us-gaap Share Price
SharePrice
351.56
CY2017Q2 us-gaap Share Price
SharePrice
156.70
CY2019Q1 us-gaap Short Term Lease Cost
ShortTermLeaseCost
39000 USD
CY2018Q1 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
2057000 USD
CY2019Q1 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
-3585000 USD
CY2010Q1 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
10000000.0 USD
CY2014Q2 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
10000000 USD
CY2016Q1 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
40000000 USD
CY2016Q1 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
50000000 USD
CY2018Q1 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
100000000 USD
CY2019Q1 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
150000000 USD
CY2019Q1 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
181200000 USD
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
294874000 USD
CY2018Q1 us-gaap Stockholders Equity
StockholdersEquity
329903000 USD
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
346208000 USD
CY2019Q1 us-gaap Stockholders Equity
StockholdersEquity
352188000 USD
CY2018Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
2618587 shares
CY2019Q1 us-gaap Treasury Stock Shares
TreasuryStockShares
2636088 shares
CY2018Q1 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
30416 shares
CY2019Q1 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
17501 shares
CY2018Q4 us-gaap Treasury Stock Value
TreasuryStockValue
177691000 USD
CY2019Q1 us-gaap Treasury Stock Value
TreasuryStockValue
181667000 USD
CY2018Q1 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
11000000 USD
CY2018Q1 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
11000000 USD
CY2019Q1 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
3976000 USD
CY2019Q1 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
4000000 USD
CY2018Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
14848000 shares
CY2019Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
14186000 shares
CY2018Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
12090000 shares
CY2019Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
12718000 shares
CY2019Q1 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:16px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Certain Risks and Concentrations</font></div><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">LendingTree's business is subject to certain risks and concentrations including dependence on third-party technology providers, exposure to risks associated with online commerce security and credit card fraud.</font></div><div style="line-height:120%;padding-top:8px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Financial instruments, which potentially subject the Company to concentration of credit risk at </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;">March&#160;31, 2019</font><font style="font-family:inherit;font-size:10pt;">, consist primarily of cash and cash equivalents and accounts receivable, as disclosed in the consolidated balance sheet. Cash and cash equivalents are in excess of Federal Deposit Insurance Corporation insurance limits, but are maintained with quality financial institutions of high credit. The Company generally requires certain network partners to maintain security deposits with the Company, which in the event of non-payment, would be applied against any accounts receivable outstanding.</font></div><div style="line-height:120%;padding-top:8px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Due to the nature of the mortgage lending industry, interest rate fluctuations may negatively impact future revenue from the Company's marketplace.</font></div><div style="line-height:120%;padding-top:8px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Lenders and lead purchasers participating on the Company's marketplace can offer their products directly to consumers through brokers, mass marketing campaigns or through other traditional methods of credit distribution. These lenders and lead purchasers can also offer their products online, either directly to prospective borrowers, through one or more online competitors, or both. If a significant number of potential consumers are able to obtain loans and other products from network partners without utilizing the Company's services, the Company's ability to generate revenue may be limited. Because the Company does not have exclusive relationships with the network partners whose loans and other financial products are offered on its online marketplace, consumers may obtain offers from these network partners without using its services.</font></div><div style="line-height:120%;padding-top:8px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Other than a support services office in India, the Company's operations are geographically limited to and dependent upon the economic condition of the United States.</font></div></div>
CY2019Q1 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:16px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Accounting Estimates</font></div><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Management is required to make certain estimates and assumptions during the preparation of the consolidated financial statements in accordance with GAAP. These estimates and assumptions impact the reported amount of assets and liabilities and disclosures of contingent assets and liabilities as of the date of the consolidated financial statements. They also impact the reported amount of net earnings during any period. Actual results could differ from those estimates.&#160;</font></div><div style="line-height:120%;padding-top:8px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Significant estimates underlying the accompanying consolidated financial statements, including discontinued operations, include: loan loss obligations; the recoverability of long-lived assets, goodwill and intangible assets; the determination of income taxes payable and deferred income taxes, including related valuation allowances; fair value of assets acquired in a business combination; contingent consideration related to business combinations; litigation accruals; contract assets; various other allowances, reserves and accruals; and assumptions related to the determination of stock-based compensation.</font></div></div>

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