2018 Q1 Form 10-K Financial Statement

#000132731818000019 Filed on March 01, 2018

View on sec.gov

Income Statement

Concept 2018 Q1 2017 2016 Q4
Revenue $81.06M $323.1M $74.08M
YoY Change 7.0% 16.45% 16.5%
Cost Of Revenue $7.450M $28.20M $6.260M
YoY Change 16.59% 11.9% 4.51%
Gross Profit $73.61M $294.9M $67.82M
YoY Change 6.11% 16.88% 17.74%
Gross Profit Margin 90.81% 91.26% 91.55%
Selling, General & Admin $61.90M $247.0M $56.26M
YoY Change 10.91% 15.27% -13.07%
% of Gross Profit 84.09% 83.77% 82.95%
Research & Development $15.59M $59.10M $13.27M
YoY Change 14.38% 10.26% -11.18%
% of Gross Profit 21.18% 20.04% 19.57%
Depreciation & Amortization $5.169M $22.47M $5.460M
YoY Change -14.97% -3.74% 13.75%
% of Gross Profit 7.02% 7.62% 8.05%
Operating Expenses $61.90M $247.0M $75.06M
YoY Change 10.91% 15.27% -11.46%
Operating Profit -$9.059M -$33.66M -$7.240M
YoY Change 47.11% -13.46% -73.36%
Interest Expense $661.0K $2.610M -$560.0K
YoY Change 1.85% 3.16% 522.22%
% of Operating Profit
Other Income/Expense, Net $0.00 $0.00
YoY Change
Pretax Income -$9.116M -$35.01M -$7.790M
YoY Change 36.59% -14.71% -71.43%
Income Tax -$61.00K -$2.200M $160.0K
% Of Pretax Income
Net Earnings -$9.055M -$32.85M -$7.950M
YoY Change 33.26% -21.24% -71.03%
Net Earnings / Revenue -11.17% -10.17% -10.73%
Basic Earnings Per Share
Diluted Earnings Per Share -$90.09K -$345.6K -$92.75K
COMMON SHARES
Basic Shares Outstanding 100.6M shares 85.46M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2018 Q1 2017 2016 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $195.8M $197.8M $107.7M
YoY Change 71.0% 83.66% -4.18%
Cash & Equivalents $195.8M $197.8M $107.7M
Short-Term Investments
Other Short-Term Assets $4.469M $6.500M $2.278M
YoY Change -50.04% -17.72% 192.43%
Inventory
Prepaid Expenses $5.632M $6.044M
Receivables $37.33M $39.20M $36.87M
Other Receivables $0.00 $100.0K $0.00
Total Short-Term Assets $243.3M $243.6M $152.9M
YoY Change 46.11% 59.32% -0.03%
LONG-TERM ASSETS
Property, Plant & Equipment $71.39M $70.70M $66.94M
YoY Change 4.15% 5.68% -6.23%
Goodwill $53.27M $53.27M
YoY Change 0.0% 0.0%
Intangibles $14.95M $19.77M
YoY Change -20.53% -16.97%
Long-Term Investments
YoY Change
Other Assets $4.353M $1.400M $1.553M
YoY Change 159.26% -12.5% 65.21%
Total Long-Term Assets $144.1M $141.2M $141.5M
YoY Change 1.27% -0.21% -5.27%
TOTAL ASSETS
Total Short-Term Assets $243.3M $243.6M $152.9M
Total Long-Term Assets $144.1M $141.2M $141.5M
Total Assets $387.4M $384.8M $294.4M
YoY Change 25.45% 30.71% -2.62%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $18.88M $18.60M $13.83M
YoY Change 77.79% 34.78% -26.76%
Accrued Expenses $12.90M $18.90M $12.58M
YoY Change -12.63% -10.0% 1.27%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $34.09M $38.00M $35.36M
YoY Change -20.27% 7.34% -9.57%
LONG-TERM LIABILITIES
Long-Term Debt $29.30M $29.10M $28.80M
YoY Change 1.03% 1.04% 6.67%
Other Long-Term Liabilities $4.067M $3.800M $2.679M
YoY Change 69.11% 40.74% 127.42%
Total Long-Term Liabilities $4.067M $32.90M $2.679M
YoY Change 69.11% 4.44% 127.42%
TOTAL LIABILITIES
Total Short-Term Liabilities $34.09M $38.00M $35.36M
Total Long-Term Liabilities $4.067M $32.90M $2.679M
Total Liabilities $68.17M $71.70M $69.87M
YoY Change -11.76% 2.58% 0.27%
SHAREHOLDERS EQUITY
Retained Earnings -$345.2M -$318.2M
YoY Change 6.19% 15.34%
Common Stock $673.5M $542.8M
YoY Change 21.0% 6.73%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $319.3M $313.1M $224.6M
YoY Change
Total Liabilities & Shareholders Equity $387.4M $384.8M $294.4M
YoY Change 25.45% 30.71% -2.62%

Cashflow Statement

Concept 2018 Q1 2017 2016 Q4
OPERATING ACTIVITIES
Net Income -$9.055M -$32.85M -$7.950M
YoY Change 33.26% -21.24% -71.03%
Depreciation, Depletion And Amortization $5.169M $22.47M $5.460M
YoY Change -14.97% -3.74% 13.75%
Cash From Operating Activities $3.440M $22.12M $5.370M
YoY Change -31.47% 698.48% -423.49%
INVESTING ACTIVITIES
Capital Expenditures $5.332M $19.81M -$3.770M
YoY Change -2.58% 19.05% -63.08%
Acquisitions $0.00
YoY Change
Other Investing Activities $0.00
YoY Change
Cash From Investing Activities -$5.330M -$19.81M -$3.770M
YoY Change -2.56% 19.04% -63.08%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $17.40M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -50.00K $87.73M 3.140M
YoY Change -100.69% 851.54% 492.45%
NET CHANGE
Cash From Operating Activities 3.440M $22.12M 5.370M
Cash From Investing Activities -5.330M -$19.81M -3.770M
Cash From Financing Activities -50.00K $87.73M 3.140M
Net Change In Cash -1.940M $90.04M 4.740M
YoY Change -128.53% -2036.37% -141.8%
FREE CASH FLOW
Cash From Operating Activities $3.440M $22.12M $5.370M
Capital Expenditures $5.332M $19.81M -$3.770M
Free Cash Flow -$1.892M $2.309M $9.140M
YoY Change 317.66% -116.65% 6.9%

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DeferredFederalIncomeTaxExpenseBenefit
410000 USD
CY2015 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
581000 USD
CY2016 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
581000 USD
CY2017 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-2182000 USD
CY2016Q4 us-gaap Deferred Income Tax Liabilities
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12177000 USD
CY2017Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
7888000 USD
CY2015 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
581000 USD
CY2016 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
581000 USD
CY2017 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
-2182000 USD
CY2015 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
34000 USD
CY2016 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
34000 USD
CY2017 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
40000 USD
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124872000 USD
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DeferredTaxAssetsGross
114122000 USD
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9183000 USD
CY2017Q4 us-gaap Deferred Tax Assets Net
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7076000 USD
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DeferredTaxAssetsOperatingLossCarryforwards
95342000 USD
CY2017Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
99551000 USD
CY2016Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
371000 USD
CY2017Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
271000 USD
CY2016Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Research
DeferredTaxAssetsTaxCreditCarryforwardsResearch
543000 USD
CY2017Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Research
DeferredTaxAssetsTaxCreditCarryforwardsResearch
568000 USD
CY2016Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
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25278000 USD
CY2017Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
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11854000 USD
CY2016Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
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3338000 USD
CY2017Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities
1878000 USD
CY2014Q4 us-gaap Deferred Tax Assets Valuation Allowance
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64449000 USD
CY2015Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
84167000 USD
CY2016Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
115689000 USD
CY2017Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
107000000 USD
CY2017Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
107046000 USD
CY2016Q4 us-gaap Deferred Tax Liabilities
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2994000 USD
CY2017Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
812000 USD
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6753000 USD
CY2017Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssets
4348000 USD
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2994000 USD
CY2017Q4 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
812000 USD
CY2016Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
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5424000 USD
CY2017Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
3540000 USD
CY2015 us-gaap Defined Contribution Plan Cost Recognized
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1700000 USD
CY2016 us-gaap Defined Contribution Plan Cost Recognized
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2100000 USD
CY2017 us-gaap Defined Contribution Plan Cost Recognized
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2300000 USD
CY2015 us-gaap Depreciation Depletion And Amortization
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17646000 USD
CY2016 us-gaap Depreciation Depletion And Amortization
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23345000 USD
CY2017 us-gaap Depreciation Depletion And Amortization
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22472000 USD
CY2016Q4 us-gaap Due To Related Parties Current
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992000 USD
CY2017Q4 us-gaap Due To Related Parties Current
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52000 USD
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-0.79
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-0.49
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-0.35
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-0.009
CY2016 us-gaap Effective Income Tax Rate Continuing Operations
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-0.016
CY2017 us-gaap Effective Income Tax Rate Continuing Operations
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0.062
CY2015 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.34
CY2016 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.34
CY2017 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.34
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-0.307
CY2016 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
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-0.330
CY2017 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
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-1.300
CY2015 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
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0.000
CY2016 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
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0.000
CY2017 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
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0.075
CY2015 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense
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-0.003
CY2016 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense
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-0.017
CY2017 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense
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-0.012
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-0.064
CY2016 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
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-0.041
CY2017 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
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0.865
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0.001
CY2016 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.000
CY2017 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.000
CY2015 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.024
CY2016 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.032
CY2017 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.094
CY2016Q4 us-gaap Employee Related Liabilities Current
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8951000 USD
CY2017Q4 us-gaap Employee Related Liabilities Current
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6568000 USD
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1325000 USD
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1012000 USD
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-479000 USD
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-6510000 USD
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1407000 USD
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22516000 USD
CY2017Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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26378000 USD
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1224000 USD
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3861000 USD
CY2017Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
327000 USD
CY2017Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
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2922000 USD
CY2017Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
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3787000 USD
CY2017Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
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3791000 USD
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42290000 USD
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42290000 USD
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19774000 USD
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15912000 USD
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-1631000 USD
CY2016 us-gaap Gain Loss On Disposition Of Assets1
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-474000 USD
CY2017 us-gaap Gain Loss On Disposition Of Assets1
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-194000 USD
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83494000 USD
CY2016 us-gaap General And Administrative Expense
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59908000 USD
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61646000 USD
CY2016Q4 us-gaap Goodwill
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53270000 USD
CY2017Q4 us-gaap Goodwill
Goodwill
53270000 USD
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0 USD
CY2016 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2017 us-gaap Goodwill Impairment Loss
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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
CY2017 us-gaap Impairment Of Long Lived Assets Held For Use
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0 USD
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-64305000 USD
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-41053000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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CY2015 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
606000 USD
CY2016 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
655000 USD
CY2017 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-2164000 USD
CY2017 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-2200000 USD
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48000 USD
CY2016 us-gaap Income Taxes Paid
IncomeTaxesPaid
82000 USD
CY2017 us-gaap Income Taxes Paid
IncomeTaxesPaid
43000 USD
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5312000 USD
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-4552000 USD
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4803000 USD
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5938000 USD
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4391000 USD
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3687000 USD
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1531000 USD
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1152000 USD
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-2683000 USD
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-1087000 USD
CY2016 us-gaap Increase Decrease In Other Current Assets
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846000 USD
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-765000 USD
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458000 USD
CY2016 us-gaap Increase Decrease In Other Noncurrent Assets
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613000 USD
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-162000 USD
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521000 USD
CY2016 us-gaap Increase Decrease In Other Noncurrent Liabilities
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1501000 USD
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1118000 USD
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855000 USD
CY2016 us-gaap Increase Decrease In Prepaid Expense
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-4000 USD
CY2017 us-gaap Increase Decrease In Prepaid Expense
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19774000 USD
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15912000 USD
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443000 USD
CY2016 us-gaap Interest Expense
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2530000 USD
CY2017 us-gaap Interest Expense
InterestExpense
2610000 USD
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617000 USD
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InterestPaid
2133000 USD
CY2017 us-gaap Interest Paid
InterestPaid
2099000 USD
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107000 USD
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376000 USD
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1260000 USD
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69867000 USD
CY2017Q4 us-gaap Liabilities
Liabilities
71716000 USD
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294448000 USD
CY2017Q4 us-gaap Liabilities And Stockholders Equity
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384834000 USD
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35361000 USD
CY2017Q4 us-gaap Liabilities Current
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37978000 USD
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79600000 USD
CY2016 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
70700000 USD
CY2017 us-gaap Marketing And Advertising Expense
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71000000 USD
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-35168000 USD
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-4650000 USD
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90041000 USD
CY2015 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
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6037000 USD
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9221000 USD
CY2017 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
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87732000 USD
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-29836000 USD
CY2016 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
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-16639000 USD
CY2017 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
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-19809000 USD
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-11369000 USD
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2768000 USD
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22118000 USD
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-33663000 USD
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6300000 USD
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7400000 USD
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4800000 USD
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2278000 USD
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1145000 USD
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1553000 USD
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-64911000 USD
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-32849000 USD
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1
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-38899000 USD
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1391000 USD
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-64911000 USD
CY2016 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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-41708000 USD
CY2017 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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-32849000 USD
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2679000 USD
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3797000 USD
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13000 USD
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0 USD
CY2017 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
0 USD
CY2015 us-gaap Payments Related To Tax Withholding For Share Based Compensation
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908000 USD
CY2016 us-gaap Payments Related To Tax Withholding For Share Based Compensation
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1312000 USD
CY2017 us-gaap Payments Related To Tax Withholding For Share Based Compensation
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3209000 USD
CY2015 us-gaap Payments To Acquire Property Plant And Equipment
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29836000 USD
CY2016 us-gaap Payments To Acquire Property Plant And Equipment
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16639000 USD
CY2017 us-gaap Payments To Acquire Property Plant And Equipment
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19809000 USD
CY2016Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
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0.0001
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0.0001
CY2016Q4 us-gaap Preferred Stock Shares Authorized
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20000000 shares
CY2017Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
20000000 shares
CY2016Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2017Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2016Q4 us-gaap Preferred Stock Shares Outstanding
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0 shares
CY2017Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2016Q4 us-gaap Preferred Stock Value
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0 USD
CY2017Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2016Q4 us-gaap Prepaid Advertising
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1600000 USD
CY2017Q4 us-gaap Prepaid Advertising
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400000 USD
CY2016Q4 us-gaap Prepaid Expense Current
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6044000 USD
CY2017Q4 us-gaap Prepaid Expense Current
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5475000 USD
CY2015 us-gaap Proceeds From Issuance Of Common Stock
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0 USD
CY2016 us-gaap Proceeds From Issuance Of Common Stock
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0 USD
CY2017 us-gaap Proceeds From Issuance Of Common Stock
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17398000 USD
CY2015 us-gaap Proceeds From Stock Options Exercised
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6328000 USD
CY2016 us-gaap Proceeds From Stock Options Exercised
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9112000 USD
CY2017 us-gaap Proceeds From Stock Options Exercised
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73543000 USD
CY2016Q4 us-gaap Property Plant And Equipment Gross
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115047000 USD
CY2017Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
135991000 USD
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66941000 USD
CY2017Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
70710000 USD
CY2015 us-gaap Provision For Doubtful Accounts
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925000 USD
CY2016 us-gaap Provision For Doubtful Accounts
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1285000 USD
CY2017 us-gaap Provision For Doubtful Accounts
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1385000 USD
CY2017Q4 us-gaap Purchase Obligation
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5654000 USD
CY2017Q4 us-gaap Purchase Obligation Due After Fifth Year
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0 USD
CY2017Q4 us-gaap Purchase Obligation Due In Fourth And Fifth Year
PurchaseObligationDueInFourthAndFifthYear
0 USD
CY2017Q4 us-gaap Purchase Obligation Due In Next Twelve Months
PurchaseObligationDueInNextTwelveMonths
3226000 USD
CY2017Q4 us-gaap Purchase Obligation Due In Second And Third Year
PurchaseObligationDueInSecondAndThirdYear
2428000 USD
CY2016Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-318235000 USD
CY2017Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-351084000 USD
CY2015 us-gaap Sales Revenue Net
SalesRevenueNet
259838000 USD
CY2016 us-gaap Sales Revenue Net
SalesRevenueNet
277507000 USD
CY2017 us-gaap Sales Revenue Net
SalesRevenueNet
323149000 USD
CY2015 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
151002000 USD
CY2016 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
154406000 USD
CY2017 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
185397000 USD
CY2016 us-gaap Severance Costs1
SeveranceCosts1
1783000 USD
CY2016 us-gaap Severance Costs1
SeveranceCosts1
1800000 USD
CY2015 us-gaap Share Based Compensation
ShareBasedCompensation
42563000 USD
CY2016 us-gaap Share Based Compensation
ShareBasedCompensation
24739000 USD
CY2017 us-gaap Share Based Compensation
ShareBasedCompensation
32241000 USD
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
4284438 shares
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.49
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.49
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.47
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0166
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0132
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0189
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
2323819 shares
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
16714216 shares
CY2015 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1
SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1
43888000 USD
CY2016 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1
SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1
25751000 USD
CY2017 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1
SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1
33648000 USD
CY2015 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P6Y11D
CY2016 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P5Y11M16D
CY2017 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P6Y3M0D
CY2017 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
17398000 USD
CY2015 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
5420000 USD
CY2016 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
7800000 USD
CY2017 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
70340000 USD
CY2014Q4 us-gaap Stockholders Equity
StockholdersEquity
249198000 USD
CY2015Q4 us-gaap Stockholders Equity
StockholdersEquity
232692000 USD
CY2016Q4 us-gaap Stockholders Equity
StockholdersEquity
224581000 USD
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
313118000 USD
CY2014Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
46000 USD
CY2015Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
3000 USD
CY2016Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
3000 USD
CY2017Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
-3000 USD
CY2015 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
30000 USD
CY2016 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
0 USD
CY2017 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
USD
CY2015 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
13000 USD
CY2016 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
0 USD
CY2017 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
7000 USD
CY2015 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
0 USD
CY2016 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
0 USD
CY2017 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
USD
CY2015 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
0 USD
CY2016 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
0 USD
CY2017 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
1000 USD
CY2015 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
81914000 shares
CY2016 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
84483000 shares
CY2017 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
94865000 shares
CY2017 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Concentrations of Credit and Business Risk</font></div><div style="line-height:120%;padding-bottom:16px;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Financial instruments that potentially subject the Company to credit risk consist principally of cash and cash equivalents and accounts receivable.&#160;</font></div><div style="line-height:120%;padding-bottom:16px;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company, at times, maintains cash balances at financial institutions in excess of amounts insured by United States government agencies or payable by the United States government directly. The Company places its cash and cash equivalents with high credit quality financial institutions.</font></div><div style="line-height:120%;padding-bottom:16px;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Credit is extended to customers based on an evaluation of their financial condition and other factors. The Company generally does not require collateral or other security to support accounts receivable. The Company performs ongoing credit evaluations of its customers and maintains an allowance for doubtful accounts based on these evaluations. No single customer comprised more than 10% of the Company&#8217;s total revenues for the years ended </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">, </font><font style="font-family:inherit;font-size:10pt;">2016</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2015</font><font style="font-family:inherit;font-size:10pt;">. No single customer comprised more than 10% of the Company&#8217;s accounts receivable balance at </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">. At </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;">, one customer accounted for approximately </font><font style="font-family:inherit;font-size:10pt;">13%</font><font style="font-family:inherit;font-size:10pt;"> of the accounts receivable balance. </font></div><div style="line-height:120%;padding-bottom:16px;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company&#8217;s single largest source of unique visitors and unit sales from affinity group marketing partners comes from its relationship with United Services Automobile Association (&#8220;USAA&#8221;), a related party (Note&#160;12). Changes in the Company&#8217;s relationship with USAA and its promotion and marketing of the Company&#8217;s Auto Buying Programs may have a material adverse effect on the Company&#8217;s business, financial condition, results of operations and cash flows.</font></div><div style="line-height:120%;padding-bottom:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;"></font></div></div>
CY2017 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Use of Estimates</font></div><div style="line-height:120%;padding-bottom:16px;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the dates of the consolidated financial statements, and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Assets and liabilities which are subject to judgment and use of estimates include sales allowances and allowances for doubtful accounts, the fair value of assets and liabilities assumed in business combinations, fair value of the capitalized facility lease, the recoverability of goodwill and long-lived assets, valuation allowances with respect to deferred tax assets, useful lives associated with property and equipment and intangible assets, lease exit liabilities, contingencies, and the valuation and assumptions underlying stock-based compensation and other equity instruments. On an ongoing basis, the Company evaluates its estimates compared to historical experience and trends, which form the basis for making judgments about the carrying value of assets and liabilities. In addition, the Company engaged valuation specialists to assist with management&#8217;s determination of the valuation of its capitalized facility lease, fair values of assets and liabilities assumed in business combinations, the fair value of reporting units in connection with annual goodwill impairment testing, and in periods prior to the Company&#8217;s initial public offering, valuation of common stock.</font></div><div style="line-height:120%;padding-bottom:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;"></font></div></div>

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