2015 Q1 Form 10-Q Financial Statement

#000110465915036906 Filed on May 11, 2015

View on sec.gov

Income Statement

Concept 2015 Q1 2014 Q4 2014 Q1
Revenue $325.5M $338.2M $302.2M
YoY Change 7.71% 6.31% 4.8%
Cost Of Revenue $233.0M $240.1M $213.8M
YoY Change 8.98% 8.69% 2.67%
Gross Profit $92.54M $98.02M $88.43M
YoY Change 4.64% 0.9% 10.33%
Gross Profit Margin 28.43% 28.99% 29.26%
Selling, General & Admin $50.24M $50.54M $50.37M
YoY Change -0.26% -1.57% 10.1%
% of Gross Profit 54.29% 51.56% 56.95%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $15.40M $15.30M $13.20M
YoY Change 16.67% 19.53% 24.53%
% of Gross Profit 16.64% 15.61% 14.93%
Operating Expenses $50.24M $50.54M $50.37M
YoY Change -0.26% -1.57% 10.1%
Operating Profit $26.13M $30.13M $24.36M
YoY Change 7.27% -8.05% 5.91%
Interest Expense $1.698M -$3.200M -$1.200M
YoY Change -241.5% -59.49% -164.34%
% of Operating Profit 6.5% -10.62% -4.93%
Other Income/Expense, Net -$1.688M $2.138M -$178.0K
YoY Change 848.31% -156.37% -91.12%
Pretax Income $24.44M $32.30M $24.18M
YoY Change 1.08% 11.38% 15.17%
Income Tax $4.405M $8.971M $2.876M
% Of Pretax Income 18.02% 27.77% 11.89%
Net Earnings $20.04M $21.97M $20.22M
YoY Change -0.91% 12.83% 12.57%
Net Earnings / Revenue 6.15% 6.5% 6.69%
Basic Earnings Per Share $0.45 $0.40
Diluted Earnings Per Share $382.1K $0.44 $0.40
COMMON SHARES
Basic Shares Outstanding 48.71M shares 50.05M shares
Diluted Shares Outstanding 49.51M shares 50.97M shares

Balance Sheet

Concept 2015 Q1 2014 Q4 2014 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $65.70M $78.10M $120.4M
YoY Change -45.43% -50.6% -29.43%
Cash & Equivalents $65.71M $77.32M $120.4M
Short-Term Investments $800.0K
Other Short-Term Assets $89.40M $86.40M $70.90M
YoY Change 26.09% 34.58% 4.26%
Inventory
Prepaid Expenses
Receivables $295.7M $276.4M $249.4M
Other Receivables $4.700M $4.600M $8.700M
Total Short-Term Assets $455.5M $445.5M $449.4M
YoY Change 1.36% -5.13% -10.17%
LONG-TERM ASSETS
Property, Plant & Equipment $150.0M $150.2M $132.8M
YoY Change 12.95% 18.54% 22.56%
Goodwill $128.7M
YoY Change 25.27%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $44.85M $36.66M $82.80M
YoY Change -45.83% -19.83% -16.35%
Total Long-Term Assets $409.0M $407.0M $382.5M
YoY Change 6.93% 9.17% 10.16%
TOTAL ASSETS
Total Short-Term Assets $455.5M $445.5M $449.4M
Total Long-Term Assets $409.0M $407.0M $382.5M
Total Assets $864.5M $852.5M $831.9M
YoY Change 3.92% 1.2% -1.84%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $31.79M $37.02M $40.70M
YoY Change -21.9% 15.57% 101.3%
Accrued Expenses $32.97M $34.43M $103.9M
YoY Change -68.27% 8.75% 290.9%
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 $190.6M $198.6M $188.2M
YoY Change 1.29% 4.11% 19.32%
LONG-TERM LIABILITIES
Long-Term Debt $126.0M $100.0M $100.0M
YoY Change 26.0% 0.0% -13.04%
Other Long-Term Liabilities $77.25M $74.15M $69.80M
YoY Change 10.67% 16.5% 39.42%
Total Long-Term Liabilities $215.7M $187.8M $169.8M
YoY Change 27.03% 6.96% -3.61%
TOTAL LIABILITIES
Total Short-Term Liabilities $190.6M $198.6M $188.2M
Total Long-Term Liabilities $215.7M $187.8M $169.8M
Total Liabilities $406.3M $386.4M $370.7M
YoY Change 9.61% 5.48% 11.03%
SHAREHOLDERS EQUITY
Retained Earnings $687.5M $677.9M
YoY Change 11.77%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $530.8M $527.6M
YoY Change 10.51%
Treasury Stock Shares 33.60M shares
Shareholders Equity $446.9M $455.3M $461.2M
YoY Change
Total Liabilities & Shareholders Equity $864.5M $852.5M $831.9M
YoY Change 3.92% 1.2% -1.84%

Cashflow Statement

Concept 2015 Q1 2014 Q4 2014 Q1
OPERATING ACTIVITIES
Net Income $20.04M $21.97M $20.22M
YoY Change -0.91% 12.83% 12.57%
Depreciation, Depletion And Amortization $15.40M $15.30M $13.20M
YoY Change 16.67% 19.53% 24.53%
Cash From Operating Activities $3.820M $32.20M $13.54M
YoY Change -71.78% -47.56% 108.45%
INVESTING ACTIVITIES
Capital Expenditures $13.04M -$15.40M $15.10M
YoY Change -13.63% -17.2% 267.72%
Acquisitions $102.0K $8.160M
YoY Change -98.75%
Other Investing Activities -$9.100M -$500.0K -$8.000M
YoY Change 13.75% 150.0%
Cash From Investing Activities -$22.14M -$15.90M -$23.12M
YoY Change -4.24% -14.97% 463.22%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $5.915M $20.47M
YoY Change -71.1% 107.78%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $9.250M -26.20M -$24.37M
YoY Change -137.96% 3.97% 9687.15%
NET CHANGE
Cash From Operating Activities $3.820M 32.20M $13.54M
Cash From Investing Activities -$22.14M -15.90M -$23.12M
Cash From Financing Activities $9.250M -26.20M -$24.37M
Net Change In Cash -$9.070M -9.900M -$33.95M
YoY Change -73.29% -156.57% -1686.59%
FREE CASH FLOW
Cash From Operating Activities $3.820M $32.20M $13.54M
Capital Expenditures $13.04M -$15.40M $15.10M
Free Cash Flow -$9.218M $47.60M -$1.558M
YoY Change 491.66% -40.5% -165.22%

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-24370000 USD
CY2014Q1 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-3687000 USD
CY2014Q1 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-37640000 USD
CY2013Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
158017000 USD
CY2014Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
120377000 USD
CY2014Q1 us-gaap Interest Paid
InterestPaid
982000 USD
CY2014Q1 us-gaap Income Taxes Paid
IncomeTaxesPaid
2834000 USD
CY2014Q1 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
941000 USD
CY2014Q1 ttec Contractacquisitioncostscreditedtoaccountsreceivable
Contractacquisitioncostscreditedtoaccountsreceivable
1000000 USD
CY2014Q1 us-gaap Cash Acquired From Acquisition
CashAcquiredFromAcquisition
812000 USD
CY2015Q1 us-gaap Cash Acquired From Acquisition
CashAcquiredFromAcquisition
0 USD
CY2015Q1 us-gaap Nature Of Operations
NatureOfOperations
<p style='margin-top:0pt; margin-bottom:8pt'><font style="font-family:Arial;font-size:10pt;font-weight:bold;margin-left:0px;">Summary of Business</font></p><p style='margin-top:0pt; margin-bottom:8pt'><font style="font-family:Arial;font-size:10pt;margin-left:0px;">TeleTech Holdings, Inc. and its subsidiaries (&#8220;TeleTech&#8221; or the &#8220;Company&#8221;) is a customer engagement management services provider, delivering integrated consulting, technology, growth and customer care solutions on a global scale. Our suite of product and service capabilities allows us to design and deliver enhanced, value-driven customer experiences across numerous </font><font style="font-family:Arial;font-size:10pt;">communication channels. TeleTech's 44,000 employees serve clients in the</font><font style="font-family:Arial;font-size:10pt;"> automotive, communication, financial services, government, healthcare, logistics, media and entertainment, retail, technology, transportation and travel industries via operations in the U.S., Australia, Belgium, Brazil, Bulgaria, Canada, Costa Rica, Germany, Ireland, Israel, Lebanon, Macedonia, Mexico, New Zealand, the Philippines, Poland,</font><font style="font-family:Arial;font-size:10pt;"> Singapore, South Africa,</font><font style="font-family:Arial;font-size:10pt;"> Thailand, Turkey, the United Arab Emirates, and the United Kingdom. </font></p><p style='margin-top:0pt; margin-bottom:8pt'>&#160;</p>
CY2014Q4 us-gaap Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
24744000 USD
CY2015Q1 us-gaap Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
23953000 USD
CY2015Q1 us-gaap Use Of Estimates
UseOfEstimates
<p style='margin-top:0pt; margin-bottom:8pt'><font style="font-family:Arial;font-size:10pt;font-weight:bold;margin-left:0px;">Use of Estimates</font></p><p style='margin-top:0pt; margin-bottom:8pt'><font style="font-family:Arial;font-size:10pt;margin-left:0px;">The preparation of the Consolidated Financial Statements in conformity with GAAP requires management to make estimates and assumptions in determining the reported amounts of assets and liabilities, disclosure of contingent liabilities at the date of the Consolidated Financial Statements and the reported amounts of revenue and expenses during the reporting period. On an on-going basis, the Company evaluates its estimates including those related to derivatives and hedging activities, income taxes including the valuation allowance for deferred tax assets, self-insurance reserves, litigation reserves, restructuring reserves, allowance for doubtful accounts, contingent consideration, and valuation of goodwill, long-lived and intangible assets. The Company bases its estimates on historical experience and on various other assumptions that are believed to be reasonable, the results of which form the basis for making judgments about the carrying values of assets and liabilities. Actual results may differ materially from these estimates under different assumptions or conditions.</font></p>
CY2015Q1 us-gaap Business Combination Pro Forma Information Revenue Of Acquiree Since Acquisition Date Actual
BusinessCombinationProFormaInformationRevenueOfAcquireeSinceAcquisitionDateActual
12500000 USD
CY2015Q1 us-gaap Business Combination Pro Forma Information Earnings Or Loss Of Acquiree Since Acquisition Date Actual
BusinessCombinationProFormaInformationEarningsOrLossOfAcquireeSinceAcquisitionDateActual
1100000 USD
CY2015Q1 ttec Business Combination Pro Forma Information Amortization Expense Of Acquirees Since Acquisition
BusinessCombinationProFormaInformationAmortizationExpenseOfAcquireesSinceAcquisition
700000 USD
CY2015Q1 ttec Gross Revenue Segment Information
GrossRevenueSegmentInformation
325528000 USD
CY2015Q1 ttec Intersegment Sales
IntersegmentSales
-7000 USD
CY2014Q1 ttec Intersegment Sales
IntersegmentSales
-3000 USD
CY2014Q1 ttec Gross Revenue Segment Information
GrossRevenueSegmentInformation
302224000 USD
CY2015Q1 us-gaap Concentration Risk Percentage1
ConcentrationRiskPercentage1
0.109 pure
CY2014Q1 us-gaap Concentration Risk Percentage1
ConcentrationRiskPercentage1
0.116 pure
CY2014Q1 ttec Entity Wide Accounts Receivable Major Customer Amount
EntityWideAccountsReceivableMajorCustomerAmount
32300000 USD
CY2015Q1 ttec Entity Wide Accounts Receivable Major Customer Amount
EntityWideAccountsReceivableMajorCustomerAmount
37600000 USD
CY2015Q1 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
68000 USD
CY2015Q1 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2015Q1 us-gaap Goodwill Translation Adjustments
GoodwillTranslationAdjustments
-1185000 USD
CY2014Q4 us-gaap Accumulated Other Comprehensive Income Loss Cumulative Changes In Net Gain Loss From Cash Flow Hedges Effect Net Of Tax
AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax
-18345000 USD
CY2015Q1 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-1291000 USD
CY2015Q1 ttec Cash Flow Hedge Gain Loss Reclassified To Earnings Net Of Tax
CashFlowHedgeGainLossReclassifiedToEarningsNetOfTax
1139000 USD
CY2015Q1 us-gaap Accumulated Other Comprehensive Income Loss Cumulative Changes In Net Gain Loss From Cash Flow Hedges Effect Net Of Tax
AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax
-18497000 USD
CY2013Q4 us-gaap Accumulated Other Comprehensive Income Loss Cumulative Changes In Net Gain Loss From Cash Flow Hedges Effect Net Of Tax
AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax
-8352000 USD
CY2014Q1 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-3649000 USD
CY2014Q1 ttec Cash Flow Hedge Gain Loss Reclassified To Earnings Net Of Tax
CashFlowHedgeGainLossReclassifiedToEarningsNetOfTax
1115000 USD
CY2014Q1 us-gaap Accumulated Other Comprehensive Income Loss Cumulative Changes In Net Gain Loss From Cash Flow Hedges Effect Net Of Tax
AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax
-10886000 USD
CY2015Q1 invest Derivative Notional Amount
DerivativeNotionalAmount
262600000 USD
CY2014Q4 invest Derivative Notional Amount
DerivativeNotionalAmount
242500000 USD
CY2015Q1 ttec Purchase Price Payable Acquired During Period
PurchasePricePayableAcquiredDuringPeriod
0 USD
CY2015Q1 ttec Purchase Price Payable Payments During Period
PurchasePricePayablePaymentsDuringPeriod
-1000000 USD
CY2015Q1 us-gaap Accounts Payable Interest Bearing Current And Noncurrent
AccountsPayableInterestBearingCurrentAndNoncurrent
209000 USD
CY2014Q4 us-gaap Restructuring Reserve
RestructuringReserve
2071000 USD
CY2015Q1 ttec Restructuring Charges Before Adjustments
RestructuringChargesBeforeAdjustments
809000 USD
CY2015Q1 us-gaap Payments For Restructuring
PaymentsForRestructuring
-1208000 USD
CY2015Q1 us-gaap Restructuring Reserve
RestructuringReserve
1672000 USD
CY2013Q2 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
1000000000 USD
CY2013Q2 ttec Line Of Credit Initial Borrowing Capacity
LineOfCreditInitialBorrowingCapacity
700000000 USD
us-gaap Line Of Credit Facility Rationale For Classification As Long Term Debt
LineOfCreditFacilityRationaleForClassificationAsLongTermDebt
5 Year Term
CY2015Q1 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax
-10999000 USD
CY2015Q1 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
-44351000 USD
CY2013Q4 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
-10581000 USD
CY2015Q1 us-gaap Minority Interest Description
MinorityInterestDescription
The Company has recorded the mandatorily redeemable noncontrolling interest at the redemption value based on the corresponding EBITDA multiples as prescribed in the purchase and sale agreement at the end of each reporting period. At the end of each reporting period the changes in the redemption value are recorded in retained earnings. Since the EBITDA multiples as defined in the purchase and sale agreement are below the current market multiple, the Company has determined that there is no preferential treatment to the noncontrolling interest shareholders resulting in no impact to earnings per share.
CY2014Q1 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax
-1758000 USD
CY2014Q1 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-1758000 USD
CY2014Q1 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
-12339000 USD
CY2014Q1 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
-2534000 USD
CY2014Q4 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
-577000 USD
CY2015Q1 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Reclassification Adjustments Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax
-2841000 USD
CY2015Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax
246000 USD
CY2015Q1 us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
-2595000 USD
CY2015Q1 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
-3172000 USD
CY2013Q4 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
-1653000 USD
CY2014Q1 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Reclassification Adjustments Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax
187000 USD
CY2014Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax
89000 USD
CY2014Q1 us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
276000 USD
CY2014Q1 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
-1377000 USD
CY2015Q1 ttec Other Comprehensive Income Total Arising During Period Net Of Tax
OtherComprehensiveIncomeTotalArisingDuringPeriodNetOfTax
-15131000 USD
CY2015Q1 ttec Other Comprehensive Income Loss Reclassified To Income
OtherComprehensiveIncomeLossReclassifiedToIncome
1385000 USD
CY2015Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-13746000 USD
CY2013Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-20586000 USD
CY2014Q1 ttec Other Comprehensive Income Total Arising During Period Net Of Tax
OtherComprehensiveIncomeTotalArisingDuringPeriodNetOfTax
-5220000 USD
CY2014Q1 ttec Other Comprehensive Income Loss Reclassified To Income
OtherComprehensiveIncomeLossReclassifiedToIncome
1204000 USD
CY2014Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-4016000 USD
CY2014Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-24602000 USD
CY2015Q1 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-10999000 USD
CY2015Q1 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
384000 shares
CY2015Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
401000 shares
CY2015Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
788000 shares
CY2014Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
928000 shares
CY2014Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
517000 shares
CY2014Q1 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
411000 shares
CY2015Q1 us-gaap Incremental Common Shares Attributable To Contingently Issuable Shares
IncrementalCommonSharesAttributableToContingentlyIssuableShares
3000 shares

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