$TRUE
TrueCar Inc

2019 Q4 Form 10-Q Financial Statement

#000132731819000045 Filed on November 07, 2019

View on sec.gov

Income Statement

Concept 2019 Q4 2019 Q3 2018 Q3
Revenue $84.88M $85.79M $93.59M
YoY Change 16.93% -8.34% 13.52%
Cost Of Revenue $6.270M $6.980M $7.740M
YoY Change 95.94% -9.82% 9.17%
Gross Profit $78.61M $78.80M $85.85M
YoY Change 13.27% -8.21% 13.93%
Gross Profit Margin 92.61% 91.86% 91.73%
Selling, General & Admin $71.24M $70.27M $71.06M
YoY Change 8.76% -1.11% 12.13%
% of Gross Profit 90.62% 89.18% 82.77%
Research & Development $12.22M $12.78M $15.35M
YoY Change -10.28% -16.74% -0.07%
% of Gross Profit 15.55% 16.22% 17.88%
Depreciation & Amortization $6.260M $4.951M $5.990M
YoY Change 7.01% -17.35% 4.54%
% of Gross Profit 7.96% 6.28% 6.98%
Operating Expenses $88.49M $70.27M $71.06M
YoY Change 10.47% -1.11% 12.13%
Operating Profit -$9.880M -$9.202M -$6.549M
YoY Change -7.66% 40.51% -28.39%
Interest Expense -$70.00K $0.00 $662.0K
YoY Change -41.67% -100.0% 1.22%
% of Operating Profit
Other Income/Expense, Net $0.00 $0.00
YoY Change
Pretax Income -$9.940M -$9.072M -$6.323M
YoY Change -8.22% 43.48% -32.72%
Income Tax -$240.0K -$300.0K -$100.0K
% Of Pretax Income
Net Earnings -$8.810M -$7.652M -$6.251M
YoY Change 37.87% 22.41% -34.33%
Net Earnings / Revenue -10.38% -8.92% -6.68%
Basic Earnings Per Share
Diluted Earnings Per Share -$82.58K -$72.01K -$60.82K
COMMON SHARES
Basic Shares Outstanding 106.6M shares 106.2M shares 102.1M shares
Diluted Shares Outstanding 106.2M shares

Balance Sheet

Concept 2019 Q4 2019 Q3 2018 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $181.5M $172.5M $217.7M
YoY Change -7.45% -20.76% 10.85%
Cash & Equivalents $181.5M $172.5M $217.7M
Short-Term Investments
Other Short-Term Assets $6.033M $34.84M $5.806M
YoY Change 47.04% 500.1% 105.81%
Inventory
Prepaid Expenses $7.158M $8.347M $9.291M
Receivables $38.24M $45.61M $47.43M
Other Receivables $200.0K $200.0K $0.00
Total Short-Term Assets $239.7M $261.3M $280.3M
YoY Change -6.15% -6.78% 13.97%
LONG-TERM ASSETS
Property, Plant & Equipment $27.78M $30.95M $69.17M
YoY Change -54.84% -55.26% 1.16%
Goodwill $59.47M $73.31M $53.27M
YoY Change -18.88% 37.62% 0.0%
Intangibles $9.000M $18.81M $13.02M
YoY Change -61.62% 44.49% -22.88%
Long-Term Investments $21.89M $22.44M
YoY Change
Other Assets $3.620M $4.247M $5.113M
YoY Change -49.92% -16.94% 221.77%
Total Long-Term Assets $181.9M $187.3M $140.6M
YoY Change 9.94% 33.26% 0.33%
TOTAL ASSETS
Total Short-Term Assets $239.7M $261.3M $280.3M
Total Long-Term Assets $181.9M $187.3M $140.6M
Total Assets $421.7M $448.6M $420.8M
YoY Change 0.17% 6.59% 9.02%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $21.32M $21.49M $26.93M
YoY Change -18.95% -20.22% 26.39%
Accrued Expenses $20.25M $43.14M $17.56M
YoY Change 85.66% 145.65% 60.32%
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 $54.17M $77.22M $49.53M
YoY Change 30.34% 55.92% 27.14%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $23.00M
YoY Change -100.0% -100.0% -20.96%
Other Long-Term Liabilities $2.336M $2.306M $3.910M
YoY Change -74.85% -41.02% 12.55%
Total Long-Term Liabilities $2.336M $2.306M $3.910M
YoY Change -74.85% -41.02% 12.55%
TOTAL LIABILITIES
Total Short-Term Liabilities $54.17M $77.22M $49.53M
Total Long-Term Liabilities $2.336M $2.306M $3.910M
Total Liabilities $94.42M $118.6M $77.00M
YoY Change 26.89% 54.03% 2.8%
SHAREHOLDERS EQUITY
Retained Earnings -$432.1M -$423.2M -$367.1M
YoY Change 15.68% 15.3% 7.15%
Common Stock $759.3M $753.2M $710.9M
YoY Change 5.46% 5.95% 8.75%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $327.3M $330.0M $343.8M
YoY Change
Total Liabilities & Shareholders Equity $421.7M $448.6M $420.8M
YoY Change 0.17% 6.59% 9.02%

Cashflow Statement

Concept 2019 Q4 2019 Q3 2018 Q3
OPERATING ACTIVITIES
Net Income -$8.810M -$7.652M -$6.251M
YoY Change 37.87% 22.41% -34.33%
Depreciation, Depletion And Amortization $6.260M $4.951M $5.990M
YoY Change 7.01% -17.35% 4.54%
Cash From Operating Activities $13.09M $30.00K $7.410M
YoY Change 47.91% -99.6% 76.85%
INVESTING ACTIVITIES
Capital Expenditures -$3.130M -$2.740M -$3.470M
YoY Change -21.95% -21.04% -28.45%
Acquisitions
YoY Change
Other Investing Activities $0.00 $0.00
YoY Change -100.0%
Cash From Investing Activities -$3.140M -$2.740M -$3.470M
YoY Change -89.57% -21.04% -28.45%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -890.0K -1.380M 15.32M
YoY Change 140.54% -109.01% -0.13%
NET CHANGE
Cash From Operating Activities 13.09M 30.00K 7.410M
Cash From Investing Activities -3.140M -2.740M -3.470M
Cash From Financing Activities -890.0K -1.380M 15.32M
Net Change In Cash 9.060M -4.090M 19.26M
YoY Change -141.91% -121.24% 31.2%
FREE CASH FLOW
Cash From Operating Activities $13.09M $30.00K $7.410M
Capital Expenditures -$3.130M -$2.740M -$3.470M
Free Cash Flow $16.22M $2.770M $10.88M
YoY Change 26.13% -74.54% 20.35%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2018Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2018Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
1000000000 shares
CY2019Q3 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2019Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
1000000000 shares
CY2018Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2018Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
104337508 shares
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2019
dei Entity Central Index Key
EntityCentralIndexKey
0001327318
CY2018Q4 true Accrued Expenses And Other Current Liabilities Related Parties
AccruedExpensesAndOtherCurrentLiabilitiesRelatedParties
218000 USD
CY2019Q3 true Accrued Expenses And Other Current Liabilities Related Parties
AccruedExpensesAndOtherCurrentLiabilitiesRelatedParties
453000 USD
CY2018Q4 us-gaap Accounts Payable Related Parties Current
AccountsPayableRelatedPartiesCurrent
5039000 USD
CY2019Q3 us-gaap Accounts Payable Related Parties Current
AccountsPayableRelatedPartiesCurrent
6030000 USD
CY2018Q4 us-gaap Accounts Receivable Related Parties Current
AccountsReceivableRelatedPartiesCurrent
349000 USD
CY2019Q3 us-gaap Accounts Receivable Related Parties Current
AccountsReceivableRelatedPartiesCurrent
193000 USD
CY2019Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
106492395 shares
CY2019Q3 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
6247000 USD
CY2018Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
104337508 shares
CY2019Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
106492395 shares
CY2018Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2019Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2018Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
20000000 shares
CY2019Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
20000000 shares
CY2018Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2019Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2018Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
3382000 USD
dei Entity File Number
EntityFileNumber
001-36449
dei Entity Registrant Name
EntityRegistrantName
TRUECAR, INC.
CY2019Q3 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
331000 USD
CY2019Q3 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
us-gaap Revenue From Related Parties
RevenueFromRelatedParties
840000 USD
dei Document Type
DocumentType
10-Q
dei Document Quarterly Report
DocumentQuarterlyReport
true
us-gaap Property Plant And Equipment Disposals
PropertyPlantAndEquipmentDisposals
52100000 USD
dei Document Period End Date
DocumentPeriodEndDate
2019-09-30
CY2018Q3 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
0 USD
us-gaap Revenue From Related Parties
RevenueFromRelatedParties
0 USD
dei Document Transition Report
DocumentTransitionReport
false
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
04-3807511
dei Entity Address Address Line1
EntityAddressAddressLine1
120 Broadway
dei Entity Address Address Line2
EntityAddressAddressLine2
Suite 200
dei Entity Address City Or Town
EntityAddressCityOrTown
Santa Monica
dei Entity Address State Or Province
EntityAddressStateOrProvince
CA
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
90401
dei City Area Code
CityAreaCode
800
dei Local Phone Number
LocalPhoneNumber
200-2000
dei Security12b Title
Security12bTitle
Common Stock, par value $0.0001 per share
dei Trading Symbol
TradingSymbol
TRUE
dei Security Exchange Name
SecurityExchangeName
NASDAQ
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Entity Small Business
EntitySmallBusiness
false
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
dei Entity Shell Company
EntityShellCompany
false
CY2019Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
106596308 shares
CY2019Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
172463000 USD
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
196128000 USD
CY2019Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
45607000 USD
CY2018Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
47760000 USD
CY2019Q3 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
8347000 USD
CY2018Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
7468000 USD
CY2019Q3 us-gaap Other Assets Current
OtherAssetsCurrent
34842000 USD
CY2018Q4 us-gaap Other Assets Current
OtherAssetsCurrent
4103000 USD
CY2019Q3 us-gaap Assets Current
AssetsCurrent
261259000 USD
CY2018Q4 us-gaap Assets Current
AssetsCurrent
255459000 USD
CY2019Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
30949000 USD
CY2018Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
61511000 USD
CY2019Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
37573000 USD
CY2018Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
0 USD
CY2019Q3 us-gaap Goodwill
Goodwill
73311000 USD
CY2018Q4 us-gaap Goodwill
Goodwill
73311000 USD
CY2019Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
18807000 USD
CY2018Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
23451000 USD
CY2019Q3 us-gaap Equity Method Investments
EquityMethodInvestments
22437000 USD
CY2018Q4 us-gaap Equity Method Investments
EquityMethodInvestments
0 USD
CY2019Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
4247000 USD
CY2018Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
7228000 USD
CY2019Q3 us-gaap Assets
Assets
448583000 USD
CY2018Q4 us-gaap Assets
Assets
420960000 USD
CY2019Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
21486000 USD
CY2018Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
26305000 USD
CY2019Q3 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
6216000 USD
CY2018Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
4349000 USD
CY2019Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
6383000 USD
CY2018Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
0 USD
CY2019Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
43138000 USD
CY2018Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
10908000 USD
CY2019Q3 us-gaap Liabilities Current
LiabilitiesCurrent
77223000 USD
CY2018Q4 us-gaap Liabilities Current
LiabilitiesCurrent
41562000 USD
CY2019Q3 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
736000 USD
CY2018Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
568000 USD
CY2019Q3 true Lease Financing Obligation
LeaseFinancingObligation
0 USD
CY2018Q4 true Lease Financing Obligation
LeaseFinancingObligation
22987000 USD
CY2019Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
38340000 USD
CY2018Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
0 USD
CY2019Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
2306000 USD
CY2018Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
9290000 USD
CY2019Q3 us-gaap Liabilities
Liabilities
118605000 USD
CY2018Q4 us-gaap Liabilities
Liabilities
74407000 USD
CY2019Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2018Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2019Q3 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2018Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2019Q3 us-gaap Common Stock Value
CommonStockValue
10000 USD
CY2018Q4 us-gaap Common Stock Value
CommonStockValue
10000 USD
CY2019Q3 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
753217000 USD
CY2018Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
720025000 USD
CY2019Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-423249000 USD
CY2018Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-373482000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
41005000 USD
CY2019Q3 true Operating Expenses Depreciation Amortization And Gain Loss On Disposal Of Assets
OperatingExpensesDepreciationAmortizationAndGainLossOnDisposalOfAssets
6145000 USD
CY2018Q3 true Operating Expenses Depreciation Amortization And Gain Loss On Disposal Of Assets
OperatingExpensesDepreciationAmortizationAndGainLossOnDisposalOfAssets
5992000 USD
true Operating Expenses Depreciation Amortization And Gain Loss On Disposal Of Assets
OperatingExpensesDepreciationAmortizationAndGainLossOnDisposalOfAssets
19327000 USD
true Operating Expenses Depreciation Amortization And Gain Loss On Disposal Of Assets
OperatingExpensesDepreciationAmortizationAndGainLossOnDisposalOfAssets
16808000 USD
CY2019Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
13018000 USD
CY2018Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
14030000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
49504000 USD
CY2019Q3 us-gaap Stockholders Equity
StockholdersEquity
329978000 USD
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
346553000 USD
CY2019Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
448583000 USD
CY2018Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
420960000 USD
CY2019Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
90555000 USD
CY2018Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
93586000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
264212000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
262497000 USD
CY2019Q3 us-gaap Cost Of Services Excluding Depreciation Depletion And Amortization
CostOfServicesExcludingDepreciationDepletionAndAmortization
8391000 USD
CY2018Q3 us-gaap Cost Of Services Excluding Depreciation Depletion And Amortization
CostOfServicesExcludingDepreciationDepletionAndAmortization
7737000 USD
us-gaap Cost Of Services Excluding Depreciation Depletion And Amortization
CostOfServicesExcludingDepreciationDepletionAndAmortization
25659000 USD
us-gaap Cost Of Services Excluding Depreciation Depletion And Amortization
CostOfServicesExcludingDepreciationDepletionAndAmortization
22941000 USD
CY2019Q3 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
57961000 USD
CY2018Q3 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
57031000 USD
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
172932000 USD
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
157463000 USD
CY2019Q3 true Technology And Development
TechnologyAndDevelopment
13027000 USD
CY2018Q3 true Technology And Development
TechnologyAndDevelopment
15345000 USD
true Technology And Development
TechnologyAndDevelopment
44726000 USD
true Technology And Development
TechnologyAndDevelopment
46633000 USD
CY2019Q3 us-gaap Costs And Expenses
CostsAndExpenses
98542000 USD
CY2018Q3 us-gaap Costs And Expenses
CostsAndExpenses
100135000 USD
us-gaap Costs And Expenses
CostsAndExpenses
312148000 USD
us-gaap Costs And Expenses
CostsAndExpenses
284850000 USD
CY2019Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-7987000 USD
CY2018Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-6549000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
-47936000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
-22353000 USD
CY2019Q3 us-gaap Investment Income Interest
InvestmentIncomeInterest
855000 USD
CY2018Q3 us-gaap Investment Income Interest
InvestmentIncomeInterest
888000 USD
us-gaap Investment Income Interest
InvestmentIncomeInterest
2822000 USD
us-gaap Investment Income Interest
InvestmentIncomeInterest
2242000 USD
CY2019Q3 us-gaap Interest Expense
InterestExpense
0 USD
CY2018Q3 us-gaap Interest Expense
InterestExpense
662000 USD
us-gaap Interest Expense
InterestExpense
0 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
0 USD
CY2019Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-7596000 USD
us-gaap Interest Expense
InterestExpense
1985000 USD
CY2019Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-464000 USD
CY2018Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
0 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-737000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-45851000 USD
CY2019Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
7622000 USD
CY2018Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-6323000 USD
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
-7652000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-22096000 USD
CY2019Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
56000 USD
CY2018Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-72000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
226000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-168000 USD
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
-7652000 USD
CY2018Q3 us-gaap Net Income Loss
NetIncomeLoss
-6251000 USD
us-gaap Net Income Loss
NetIncomeLoss
-46077000 USD
us-gaap Net Income Loss
NetIncomeLoss
-21928000 USD
CY2019Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.07
CY2018Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.06
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.44
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.22
CY2019Q3 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
106239000 shares
CY2018Q3 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
102765000 shares
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
105510000 shares
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
101503000 shares
CY2019Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-7652000 USD
CY2018Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-6251000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-46077000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-21928000 USD
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
346553000 USD
CY2018Q4 us-gaap Cumulative Effect Of New Accounting Principle In Period Of Adoption
CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption
-3690000 USD
CY2019Q1 us-gaap Net Income Loss
NetIncomeLoss
-14365000 USD
CY2019Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
9108000 USD
CY2019Q1 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
2261000 USD
CY2019Q1 us-gaap Stockholders Equity
StockholdersEquity
339867000 USD
CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
-24060000 USD
CY2019Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
16061000 USD
CY2019Q2 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
-469000 USD
CY2019Q2 us-gaap Stockholders Equity
StockholdersEquity
331399000 USD
CY2019Q3 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
-1391000 USD
CY2019Q3 us-gaap Stockholders Equity
StockholdersEquity
329978000 USD
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
313118000 USD
CY2017Q4 us-gaap Cumulative Effect Of New Accounting Principle In Period Of Adoption
CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption
5923000 USD
CY2018Q1 us-gaap Net Income Loss
NetIncomeLoss
-9055000 USD
CY2018Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
9431000 USD
CY2018Q1 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
-166000 USD
CY2018Q1 us-gaap Stockholders Equity
StockholdersEquity
319251000 USD
CY2018Q2 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
1905000 USD
CY2018Q2 us-gaap Net Income Loss
NetIncomeLoss
-6622000 USD
CY2018Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
9445000 USD
us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
0 USD
CY2018Q2 us-gaap Stockholders Equity
StockholdersEquity
323979000 USD
CY2018Q3 us-gaap Net Income Loss
NetIncomeLoss
-6251000 USD
CY2018Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
10798000 USD
CY2018Q3 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
15316000 USD
CY2018Q3 us-gaap Stockholders Equity
StockholdersEquity
343842000 USD
us-gaap Net Income Loss
NetIncomeLoss
-46077000 USD
us-gaap Net Income Loss
NetIncomeLoss
-21928000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
19357000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
16808000 USD
us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
168000 USD
us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
-207000 USD
true Provision For Doubtful Accounts And Other Reserves
ProvisionForDoubtfulAccountsAndOtherReserves
827000 USD
true Provision For Doubtful Accounts And Other Reserves
ProvisionForDoubtfulAccountsAndOtherReserves
1240000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
31382000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
28316000 USD
us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
225000 USD
true Operating Lease Rightof Use Asset Amortization
OperatingLeaseRightofUseAssetAmortization
4437000 USD
true Operating Lease Rightof Use Asset Amortization
OperatingLeaseRightofUseAssetAmortization
0 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-737000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
0 USD
true Noncash Interest Expense
NoncashInterestExpense
0 USD
true Noncash Interest Expense
NoncashInterestExpense
278000 USD
true Asset Impairmentand Losson Dispositionof Assets
AssetImpairmentandLossonDispositionofAssets
1109000 USD
true Asset Impairmentand Losson Dispositionof Assets
AssetImpairmentandLossonDispositionofAssets
294000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-1326000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
9496000 USD
us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
1879000 USD
us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
3816000 USD
us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
30558000 USD
us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
915000 USD
us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
-1897000 USD
us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
760000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-4762000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
8109000 USD
us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
1740000 USD
us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
-1545000 USD
true Increase Decreasein Operating Lease Liabilities
IncreaseDecreaseinOperatingLeaseLiabilities
-5125000 USD
true Increase Decreasein Operating Lease Liabilities
IncreaseDecreaseinOperatingLeaseLiabilities
0 USD
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
32799000 USD
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-508000 USD
us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
-352000 USD
CY2018Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
61511000 USD
us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
113000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
2449000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
7251000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
15983000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
8150000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
13088000 USD
us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
23174000 USD
us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
0 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-31324000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-13088000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
2857000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
19385000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
2293000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
408000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
17092000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-23665000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
19987000 USD
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
196128000 USD
CY2017Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
197762000 USD
CY2019Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
172463000 USD
CY2018Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
217749000 USD
us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
1409000 USD
us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
1358000 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
335000 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
624000 USD
true Noncashor Part Noncash Receivablesfrom Disposalof Capitalized Facility Lease
NoncashorPartNoncashReceivablesfromDisposalofCapitalizedFacilityLease
0 USD
true Noncashor Part Noncash Receivablesfrom Disposalof Capitalized Facility Lease
NoncashorPartNoncashReceivablesfromDisposalofCapitalizedFacilityLease
700000 USD
true Taxes Payable Relatedto Tax Withholdingfor Sharebased Compensation
TaxesPayableRelatedtoTaxWithholdingforSharebasedCompensation
0 USD
true Taxes Payable Relatedto Tax Withholdingfor Sharebased Compensation
TaxesPayableRelatedtoTaxWithholdingforSharebasedCompensation
39000 USD
us-gaap Nature Of Operations
NatureOfOperations
<div style="line-height:120%;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;">Organization and Nature of Business</span></div><div style="line-height:120%;padding-bottom:16px;padding-top:8px;text-indent:36px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">TrueCar, Inc. is an Internet-based information, technology, and communication services company. Hereinafter, TrueCar, Inc. and its wholly owned subsidiaries ALG, Inc., TrueCar Dealer Solutions, Inc. and DealerScience, LLC are collectively referred to as “TrueCar” or the “Company,” ALG, Inc. is referred to as “ALG,” TrueCar Dealer Solutions, Inc. is referred to as “TCDS,” and DealerScience, LLC is referred to as “DealerScience.” TrueCar was incorporated in the State of Delaware in February 2005 and began business operations in April 2005. Its principal corporate offices are located in Santa Monica, California.</span></div><div style="line-height:120%;padding-bottom:16px;padding-top:8px;text-indent:48px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">TrueCar is a digital automotive marketplace that (i) provides pricing transparency about what other people paid for their cars and enables consumers to engage with TrueCar Certified Dealers who are committed to providing a superior purchase experience; (ii) empowers Certified Dealers to attract these informed, in-market consumers in a cost-effective, accountable manner; and (iii) allows automobile manufacturers (“OEMs”) to more effectively target their incentive spending at deep-in-market consumers during their purchase process. TrueCar has established a diverse software ecosystem on a common technology infrastructure, powered by proprietary data and analytics. Consumers access TrueCar’s platform through the TrueCar.com website and TrueCar mobile applications or through the car buying websites and mobile applications that TrueCar operates for its affinity group marketing partners (“Auto Buying Programs”). An affinity group is comprised of a network of members or employees that provides discounts to its members.</span></div><div style="line-height:120%;padding-bottom:16px;padding-top:8px;text-indent:48px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">ALG provides forecasts, consulting, and other services regarding determination of the residual value of an automobile at future given points in time, which are used to underwrite automotive loans and leases and by financial institutions to measure exposure and risk across loan, lease, and fleet portfolios. ALG also obtains automobile purchase data from a variety of sources and uses this data to provide consumers and dealers with highly accurate, geographically specific, real-time pricing information.</span></div><div style="line-height:120%;padding-bottom:16px;padding-top:8px;text-indent:48px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Through its subsidiary TCDS, the Company provides its TrueCar Trade product, which gives consumers information on the value of their trade-in vehicles and enables them to obtain a guaranteed trade-in price before setting foot in the dealership. This valuation is, in turn, backed by a third-party guarantee to dealers that the vehicles will be repurchased at the indicated price if the dealer does not want to keep them.</span></div><div style="line-height:120%;padding-bottom:16px;padding-top:8px;text-indent:48px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Additionally, in December 2018, the Company acquired DealerScience, which, through TCDS, provides dealers with advanced digital retailing software tools that allow them to calculate accurate monthly payments, expedite vehicle desking, which is the process of presenting and agreeing upon financial terms and financing options, and streamline the consumer’s experience.</span></div>
CY2019Q1 us-gaap Other Assets Current
OtherAssetsCurrent
4291000 USD
CY2018Q4 us-gaap Other Assets Current
OtherAssetsCurrent
4103000 USD
us-gaap Use Of Estimates
UseOfEstimates
<div style="line-height:120%;padding-bottom:16px;padding-top:8px;text-indent:36px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;">Use of Estimates</span></div><div style="line-height:120%;padding-bottom:16px;padding-top:8px;text-indent:36px;font-size:10pt;"><span 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 that are subject to judgment and use of estimates include sales allowances and allowances for doubtful accounts, contract assets, the fair value of a warrant asset and the related liability, the fair value of assets and liabilities assumed in business combinations, right-of-use assets and lease liabilities, the fair value of capitalized lease facilities, 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’s determination of the valuation of the fair value of a warrant asset and the related liability, right-of-use assets and lease liabilities, the fair value of capitalized lease facilities, the fair values of assets and liabilities assumed in business combinations, the fair value of reporting units in connection with annual goodwill impairment testing, the fair value of performance shares, and in periods prior to the Company’s initial public offering, valuation of common stock.</span></div>
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1
CY2019Q1 true Lease Financing Obligation
LeaseFinancingObligation
0 USD
CY2019Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
7375000 USD
CY2018Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
0 USD
CY2019Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
6498000 USD
CY2018Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
10908000 USD
CY2019Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
8271000 USD
CY2018Q4 true Lease Financing Obligation
LeaseFinancingObligation
22987000 USD
CY2019Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
36050000 USD
CY2018Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
0 USD
CY2019Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
42010000 USD
CY2018Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
7228000 USD
CY2018Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
0 USD
CY2019Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
43351000 USD
CY2018Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
9290000 USD
CY2019Q1 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
5639000 USD
CY2018Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-373482000 USD
CY2019Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-377172000 USD
CY2019Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
2134000 USD
us-gaap Operating Lease Cost
OperatingLeaseCost
6421000 USD
CY2019Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
2100000 USD
us-gaap Operating Lease Cost
OperatingLeaseCost
6400000 USD
CY2019Q3 us-gaap Operating Lease Payments
OperatingLeasePayments
2400000 USD
CY2018Q3 us-gaap Operating Lease Payments
OperatingLeasePayments
2500000 USD
us-gaap Operating Lease Payments
OperatingLeasePayments
7000000.0 USD
us-gaap Operating Lease Payments
OperatingLeasePayments
7300000 USD
CY2019Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P7Y1M6D
CY2019Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.057
CY2019Q3 us-gaap Sublease Income
SubleaseIncome
500000 USD
CY2018Q3 us-gaap Sublease Income
SubleaseIncome
600000 USD
us-gaap Sublease Income
SubleaseIncome
1500000 USD
us-gaap Sublease Income
SubleaseIncome
1600000 USD
CY2019Q3 us-gaap Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
1834000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
1578000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
8523000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
7152000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
7369000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
7628000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
22561000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
54811000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
10088000 USD
CY2019Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
44723000 USD
CY2019Q3 us-gaap Lessor Operating Lease Payments To Be Received Remainder Of Fiscal Year
LessorOperatingLeasePaymentsToBeReceivedRemainderOfFiscalYear
552000 USD
CY2019Q3 us-gaap Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
1282000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
9220000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Receivable Current
OperatingLeasesFutureMinimumPaymentsReceivableCurrent
2180000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
8716000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Two Years
OperatingLeasesFutureMinimumPaymentsReceivableInTwoYears
1282000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
7145000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Three Years
OperatingLeasesFutureMinimumPaymentsReceivableInThreeYears
0 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
7362000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Four Years
OperatingLeasesFutureMinimumPaymentsReceivableInFourYears
0 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
7621000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Five Years
OperatingLeasesFutureMinimumPaymentsReceivableInFiveYears
0 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
22532000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Receivable Thereafter
OperatingLeasesFutureMinimumPaymentsReceivableThereafter
0 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
62596000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Receivable
OperatingLeasesFutureMinimumPaymentsReceivable
3462000 USD
CY2019Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
77250000 USD
CY2018Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
143196000 USD
CY2019Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
46301000 USD
CY2018Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
81685000 USD
CY2019Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
30949000 USD
CY2018Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
61511000 USD
CY2019Q3 true Property Plant And Equipment Gross Assets Not Placed In Service
PropertyPlantAndEquipmentGrossAssetsNotPlacedInService
1500000 USD
CY2018Q4 true Property Plant And Equipment Gross Assets Not Placed In Service
PropertyPlantAndEquipmentGrossAssetsNotPlacedInService
1100000 USD
CY2019Q3 us-gaap Property Plant And Equipment Disposals
PropertyPlantAndEquipmentDisposals
52100000 USD
CY2019Q3 us-gaap Line Of Credit
LineOfCredit
0 USD
CY2019Q3 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
31500000 USD
CY2019Q3 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
3500000 USD
CY2019Q3 us-gaap Loss Contingency Pending Claims Number
LossContingencyPendingClaimsNumber
3 action
us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
1358000 USD
CY2019Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1
SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1
7622000 USD
CY2019Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
7191000 USD
CY2018Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
10247000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
31382000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
28316000 USD
CY2019Q3 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
431000 USD
CY2018Q3 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
551000 USD
us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
1409000 USD
CY2018Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1
SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1
10798000 USD
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1
SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1
32791000 USD
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1
SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1
29674000 USD
CY2019Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
100000 USD
CY2018Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-100000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
200000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-200000 USD
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
-7652000 USD
CY2018Q3 us-gaap Net Income Loss
NetIncomeLoss
-6251000 USD
us-gaap Net Income Loss
NetIncomeLoss
-46077000 USD
us-gaap Net Income Loss
NetIncomeLoss
-21928000 USD
CY2019Q3 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
106239000 shares
CY2018Q3 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
102765000 shares
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
105510000 shares
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
101503000 shares
CY2019Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.07
CY2018Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.06
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.44
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.22
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
18728000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
21454000 shares
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
264212000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
262497000 USD
CY2018Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
3300000 USD
CY2018Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
93586000 USD
CY2019Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
90555000 USD
CY2019Q3 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
2800000 USD

Files In Submission

Name View Source Status
0001327318-19-000045-index-headers.html Edgar Link pending
0001327318-19-000045-index.html Edgar Link pending
0001327318-19-000045.txt Edgar Link pending
0001327318-19-000045-xbrl.zip Edgar Link pending
ex101gunsagarseparatio.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
MetaLinks.json 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
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.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
true-20190930.xsd Edgar Link pending
true-20190930_cal.xml Edgar Link unprocessable
true-20190930_def.xml Edgar Link unprocessable
true-20190930_lab.xml Edgar Link unprocessable
true-20190930_pre.xml Edgar Link unprocessable
truecarq3201910-q.htm Edgar Link pending
truecarq3201910-q_htm.xml Edgar Link completed
trueq32019ex311.htm Edgar Link pending
trueq32019ex312.htm Edgar Link pending
trueq32019ex321.htm Edgar Link pending