2017 Q2 Form 10-Q Financial Statement

#000162828017007899 Filed on August 03, 2017

View on sec.gov

Income Statement

Concept 2017 Q2 2016 Q2
Revenue $418.2M $311.6M
YoY Change 34.24% 13.17%
Cost Of Revenue $194.6M $191.4M
YoY Change 1.67% -5.54%
Gross Profit $223.6M $120.2M
YoY Change 86.11% 65.34%
Gross Profit Margin 53.48% 38.57%
Selling, General & Admin $112.8M $117.9M
YoY Change -4.29% 24.61%
% of Gross Profit 50.44% 98.09%
Research & Development $42.27M $33.90M
YoY Change 24.69% -0.59%
% of Gross Profit 18.9% 28.21%
Depreciation & Amortization $7.743M $7.378M
YoY Change 4.95% -75.57%
% of Gross Profit 3.46% 6.14%
Operating Expenses $173.4M $159.2M
YoY Change 8.97% 17.63%
Operating Profit $50.22M -$38.98M
YoY Change -228.82% -37.76%
Interest Expense -$2.800M -$3.200M
YoY Change -12.5% -57.33%
% of Operating Profit -5.58%
Other Income/Expense, Net -$2.808M -$4.506M
YoY Change -37.68%
Pretax Income $47.41M -$42.14M
YoY Change -212.51% -39.97%
Income Tax -$12.87M -$3.572M
% Of Pretax Income -27.14%
Net Earnings $60.28M -$38.57M
YoY Change -256.29% -42.46%
Net Earnings / Revenue 14.41% -12.38%
Basic Earnings Per Share $0.57 -$0.46
Diluted Earnings Per Share $0.56 -$0.46
COMMON SHARES
Basic Shares Outstanding 105.5M shares 84.59M shares
Diluted Shares Outstanding 118.8M shares 84.59M shares

Balance Sheet

Concept 2017 Q2 2016 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.281B $1.189B
YoY Change 7.76% -0.17%
Cash & Equivalents $828.1M $796.3M
Short-Term Investments $452.9M $392.5M
Other Short-Term Assets $591.2M $634.9M
YoY Change -6.88% 10.65%
Inventory $11.64M $12.70M
Prepaid Expenses
Receivables $229.2M $141.2M
Other Receivables $0.00 $0.00
Total Short-Term Assets $2.113B $1.978B
YoY Change 6.85% 3.65%
LONG-TERM ASSETS
Property, Plant & Equipment $76.61M $72.40M
YoY Change 5.82% -12.88%
Goodwill $369.6M
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $46.97M $21.10M
YoY Change 122.61% -25.7%
Total Long-Term Assets $1.106B $561.0M
YoY Change 97.23% 26.18%
TOTAL ASSETS
Total Short-Term Assets $2.113B $1.978B
Total Long-Term Assets $1.106B $561.0M
Total Assets $3.220B $2.539B
YoY Change 26.82% 7.91%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $36.93M $37.80M
YoY Change -2.29% 28.14%
Accrued Expenses $809.7M $54.80M
YoY Change 1377.53% 20.97%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $1.466B $1.262B
YoY Change 16.21% 14.04%
LONG-TERM LIABILITIES
Long-Term Debt $212.9M $504.4M
YoY Change -57.8% 4.69%
Other Long-Term Liabilities $209.4M $239.2M
YoY Change -12.47% 0.63%
Total Long-Term Liabilities $422.2M $743.6M
YoY Change -43.22% 3.35%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.466B $1.262B
Total Long-Term Liabilities $422.2M $743.6M
Total Liabilities $2.120B $2.005B
YoY Change 5.72% 9.83%
SHAREHOLDERS EQUITY
Retained Earnings -$39.65M
YoY Change
Common Stock $1.480B
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $303.4M
YoY Change
Treasury Stock Shares 17.19M shares
Shareholders Equity $1.100B $533.5M
YoY Change
Total Liabilities & Shareholders Equity $3.220B $2.539B
YoY Change 26.82% 7.91%

Cashflow Statement

Concept 2017 Q2 2016 Q2
OPERATING ACTIVITIES
Net Income $60.28M -$38.57M
YoY Change -256.29% -42.46%
Depreciation, Depletion And Amortization $7.743M $7.378M
YoY Change 4.95% -75.57%
Cash From Operating Activities $49.89M -$47.25M
YoY Change -205.59% -144.78%
INVESTING ACTIVITIES
Capital Expenditures $16.09M $4.230M
YoY Change 280.43% -122.5%
Acquisitions
YoY Change
Other Investing Activities -$3.900M $77.10M
YoY Change -105.06% -141.12%
Cash From Investing Activities -$45.42M $72.89M
YoY Change -162.31% -135.33%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$57.69M -$24.28M
YoY Change 137.61% -1718.6%
NET CHANGE
Cash From Operating Activities $49.89M -$47.25M
Cash From Investing Activities -$45.42M $72.89M
Cash From Financing Activities -$57.69M -$24.28M
Net Change In Cash -$46.77M $1.358M
YoY Change -3543.74% -101.37%
FREE CASH FLOW
Cash From Operating Activities $49.89M -$47.25M
Capital Expenditures $16.09M $4.230M
Free Cash Flow $33.80M -$51.48M
YoY Change -165.66% -141.41%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2017Q2 dei Amendment Flag
AmendmentFlag
false
CY2017Q2 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--03-31
CY2017Q2 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2017Q2 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2018
CY2017Q2 dei Document Period End Date
DocumentPeriodEndDate
2017-06-30
CY2017Q2 dei Document Type
DocumentType
10-Q
CY2017Q2 dei Entity Central Index Key
EntityCentralIndexKey
0000946581
CY2017Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
106527814 shares
CY2017Q2 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2017Q2 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2017Q2 dei Entity Registrant Name
EntityRegistrantName
TAKE TWO INTERACTIVE SOFTWARE INC
CY2016Q2 ttwo Accounts Payable Accrued Expenses Income Taxes Payable And Other Liabilities
AccountsPayableAccruedExpensesIncomeTaxesPayableAndOtherLiabilities
36394000 USD
CY2017Q2 ttwo Accounts Payable Accrued Expenses Income Taxes Payable And Other Liabilities
AccountsPayableAccruedExpensesIncomeTaxesPayableAndOtherLiabilities
71281000 USD
CY2017Q1 ttwo Accrued Licenses Current
AccruedLicensesCurrent
37019000 USD
CY2017Q2 ttwo Accrued Licenses Current
AccruedLicensesCurrent
33190000 USD
CY2017Q1 ttwo Allowance For Doubtful Accounts Sales Returns And Discounts
AllowanceForDoubtfulAccountsSalesReturnsAndDiscounts
66483000 USD
CY2017Q2 ttwo Allowance For Doubtful Accounts Sales Returns And Discounts
AllowanceForDoubtfulAccountsSalesReturnsAndDiscounts
52262000 USD
CY2016Q2 ttwo Amortization And Impairment Of Intellectual Property
AmortizationAndImpairmentOfIntellectualProperty
0 USD
CY2017Q2 ttwo Amortization And Impairment Of Intellectual Property
AmortizationAndImpairmentOfIntellectualProperty
8181000 USD
CY2016Q2 ttwo Amortization And Impairment Of Software Development Costs And Licenses
AmortizationAndImpairmentOfSoftwareDevelopmentCostsAndLicenses
41034000 USD
CY2017Q2 ttwo Amortization And Impairment Of Software Development Costs And Licenses
AmortizationAndImpairmentOfSoftwareDevelopmentCostsAndLicenses
18206000 USD
CY2017Q2 ttwo Available For Sale Securities Debt Maturities After One Through Two Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughTwoYearsAmortizedCost
94085000 USD
CY2017Q2 ttwo Available For Sale Securities Debt Maturities Rolling Year One Through Two Fair Value
AvailableForSaleSecuritiesDebtMaturitiesRollingYearOneThroughTwoFairValue
94068000 USD
CY2017Q1 ttwo Deferred Acquisition Payments
DeferredAcquisitionPayments
25000000 USD
CY2017Q2 ttwo Deferred Acquisition Payments
DeferredAcquisitionPayments
25000000 USD
CY2017Q1 ttwo Derivative Notional Amount To Buy
DerivativeNotionalAmountToBuy
9170000 USD
CY2017Q2 ttwo Derivative Notional Amount To Buy
DerivativeNotionalAmountToBuy
7757000 USD
CY2017Q1 ttwo Derivative Notional Amount To Sell
DerivativeNotionalAmountToSell
177549000 USD
CY2017Q2 ttwo Derivative Notional Amount To Sell
DerivativeNotionalAmountToSell
180714000 USD
CY2016Q2 ttwo Gainon Conversionof Convertible Notes
GainonConversionofConvertibleNotes
0 USD
CY2017Q2 ttwo Gainon Conversionof Convertible Notes
GainonConversionofConvertibleNotes
1103000 USD
CY2016Q2 ttwo Increase Decrease In Software Development Costs And Licenses
IncreaseDecreaseInSoftwareDevelopmentCostsAndLicenses
62392000 USD
CY2017Q2 ttwo Increase Decrease In Software Development Costs And Licenses
IncreaseDecreaseInSoftwareDevelopmentCostsAndLicenses
71829000 USD
CY2017Q1 ttwo Inventory Estimated Product Returns
InventoryEstimatedProductReturns
529000 USD
CY2017Q2 ttwo Inventory Estimated Product Returns
InventoryEstimatedProductReturns
401000 USD
CY2017Q1 ttwo Software Development Costs And Licenses Current
SoftwareDevelopmentCostsAndLicensesCurrent
41721000 USD
CY2017Q2 ttwo Software Development Costs And Licenses Current
SoftwareDevelopmentCostsAndLicensesCurrent
20181000 USD
CY2017Q1 ttwo Software Development Costs And Licenses Noncurrent
SoftwareDevelopmentCostsAndLicensesNoncurrent
381910000 USD
CY2017Q2 ttwo Software Development Costs And Licenses Noncurrent
SoftwareDevelopmentCostsAndLicensesNoncurrent
462877000 USD
CY2016Q2 ttwo Software Development Impairment Charges
SoftwareDevelopmentImpairmentCharges
9068000 USD
CY2017Q2 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
452949000 USD
CY2016Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
798742000 USD
CY2016Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
796328000 USD
CY2017Q2 ttwo Software Development Impairment Charges
SoftwareDevelopmentImpairmentCharges
684000 USD
CY2016Q2 ttwo Weighted Average Number Of Shares Outstanding Basic Net
WeightedAverageNumberOfSharesOutstandingBasicNet
84588000 shares
CY2017Q2 ttwo Weighted Average Number Of Shares Outstanding Basic Net
WeightedAverageNumberOfSharesOutstandingBasicNet
104465000 shares
CY2016Q2 ttwo Weighted Average Number Of Shares Outstanding Diluted Net
WeightedAverageNumberOfSharesOutstandingDilutedNet
84588000 shares
CY2017Q2 ttwo Weighted Average Number Of Shares Outstanding Diluted Net
WeightedAverageNumberOfSharesOutstandingDilutedNet
117753000 shares
CY2017Q2 ttwo Wholly Owned Labels
WhollyOwnedLabels
2 label
CY2017Q1 us-gaap Accounts Payable Current
AccountsPayableCurrent
31892000 USD
CY2017Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
36934000 USD
CY2017Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
219558000 USD
CY2017Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
229197000 USD
CY2017Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
750875000 USD
CY2017Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
809685000 USD
CY2017Q1 us-gaap Accrued Marketing Costs Current
AccruedMarketingCostsCurrent
21030000 USD
CY2017Q2 us-gaap Accrued Marketing Costs Current
AccruedMarketingCostsCurrent
21978000 USD
CY2017Q1 us-gaap Accrued Royalties Current
AccruedRoyaltiesCurrent
492133000 USD
CY2017Q2 us-gaap Accrued Royalties Current
AccruedRoyaltiesCurrent
551646000 USD
CY2017Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-47142000 USD
CY2017Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-37582000 USD
CY2017Q1 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
1452754000 USD
CY2017Q2 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
1479143000 USD
CY2016Q2 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
6098000 USD
CY2017Q2 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
5237000 USD
CY2016Q2 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
381000 USD
CY2017Q2 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
188000 USD
CY2016Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
5428000 shares
CY2017Q1 us-gaap Assets
Assets
3149154000 USD
CY2017Q2 us-gaap Assets
Assets
3219570000 USD
CY2017Q1 us-gaap Assets Current
AssetsCurrent
2195242000 USD
CY2017Q2 us-gaap Assets Current
AssetsCurrent
2113136000 USD
CY2017Q2 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
452865000 USD
CY2017Q1 us-gaap Available For Sale Securities
AvailableForSaleSecurities
448932000 USD
CY2017Q2 us-gaap Available For Sale Securities
AvailableForSaleSecurities
452949000 USD
CY2017Q1 us-gaap Available For Sale Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
226000 USD
CY2017Q2 us-gaap Available For Sale Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
259000 USD
CY2017Q1 us-gaap Available For Sale Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
235000 USD
CY2017Q2 us-gaap Available For Sale Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
179000 USD
CY2017Q1 us-gaap Available For Sale Securities Amortized Cost
AvailableForSaleSecuritiesAmortizedCost
448941000 USD
CY2017Q2 us-gaap Available For Sale Securities Amortized Cost
AvailableForSaleSecuritiesAmortizedCost
452869000 USD
CY2017Q2 us-gaap Available For Sale Securities Debt Maturities Within One Year Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost
358780000 USD
CY2017Q2 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
358881000 USD
CY2017Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
943396000 USD
CY2017Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
828112000 USD
CY2016Q2 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-2414000 USD
CY2017Q2 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-115284000 USD
CY2017Q1 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2017Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2017Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2017Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2017Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
200000000 shares
CY2017Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
200000000 shares
CY2017Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
119813000 shares
CY2017Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
123027000 shares
CY2017Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
102621000 shares
CY2017Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
105835000 shares
CY2017Q1 us-gaap Common Stock Value
CommonStockValue
1198000 USD
CY2017Q2 us-gaap Common Stock Value
CommonStockValue
1230000 USD
CY2016Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-41990000 USD
CY2017Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
69836000 USD
CY2016Q2 us-gaap Cost Of Goods Sold
CostOfGoodsSold
191380000 USD
CY2017Q2 us-gaap Cost Of Goods Sold
CostOfGoodsSold
194569000 USD
CY2017Q1 us-gaap Deferred Costs
DeferredCosts
0 USD
CY2017Q2 us-gaap Deferred Costs
DeferredCosts
17021000 USD
CY2017Q1 us-gaap Deferred Costs Current
DeferredCostsCurrent
127901000 USD
CY2017Q2 us-gaap Deferred Costs Current
DeferredCostsCurrent
79902000 USD
CY2017Q1 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
903125000 USD
CY2017Q2 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
619439000 USD
CY2017Q1 us-gaap Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
10406000 USD
CY2017Q2 us-gaap Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
231526000 USD
CY2016Q2 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
7378000 USD
CY2017Q2 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
7743000 USD
CY2016Q2 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
798000 USD
CY2017Q2 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
-8603000 USD
CY2016Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.46
CY2017Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.57
CY2016Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.46
CY2017Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.56
CY2016Q2 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-3772000 USD
CY2017Q2 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
6448000 USD
CY2017Q1 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
44843000 USD
CY2017Q2 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
41837000 USD
CY2016Q2 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
887000 USD
CY2017Q2 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
0 USD
CY2017Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
110262000 USD
CY2017Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
133330000 USD
CY2016Q2 us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
1350000 USD
CY2017Q2 us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
0 USD
CY2016Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
46743000 USD
CY2017Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
60603000 USD
CY2017Q1 us-gaap Goodwill
Goodwill
359115000 USD
CY2017Q2 us-gaap Goodwill
Goodwill
369622000 USD
CY2016Q2 us-gaap Gross Profit
GrossProfit
120172000 USD
CY2017Q2 us-gaap Gross Profit
GrossProfit
223647000 USD
CY2016Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-42139000 USD
CY2017Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
47411000 USD
CY2016Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-3572000 USD
CY2017Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-12865000 USD
CY2016Q2 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-28226000 USD
CY2017Q2 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
9294000 USD
CY2016Q2 us-gaap Increase Decrease In Deferred Charges
IncreaseDecreaseInDeferredCharges
-17223000 USD
CY2017Q2 us-gaap Increase Decrease In Deferred Charges
IncreaseDecreaseInDeferredCharges
-32233000 USD
CY2016Q2 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
-36446000 USD
CY2017Q2 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
-67883000 USD
CY2016Q2 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-2696000 USD
CY2017Q2 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-5451000 USD
CY2016Q2 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
3867000 USD
CY2017Q2 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
23199000 USD
CY2016Q2 us-gaap Increase Decrease In Restricted Cash For Operating Activities
IncreaseDecreaseInRestrictedCashForOperatingActivities
57335000 USD
CY2017Q2 us-gaap Increase Decrease In Restricted Cash For Operating Activities
IncreaseDecreaseInRestrictedCashForOperatingActivities
68518000 USD
CY2016Q2 us-gaap Increase Decrease In Time Deposits
IncreaseDecreaseInTimeDeposits
78691000 USD
CY2017Q2 us-gaap Increase Decrease In Time Deposits
IncreaseDecreaseInTimeDeposits
-24999000 USD
CY2016Q2 us-gaap Incremental Common Shares Attributable To Participating Nonvested Shares With Non Forfeitable Dividend Rights
IncrementalCommonSharesAttributableToParticipatingNonvestedSharesWithNonForfeitableDividendRights
0 shares
CY2017Q2 us-gaap Incremental Common Shares Attributable To Participating Nonvested Shares With Non Forfeitable Dividend Rights
IncrementalCommonSharesAttributableToParticipatingNonvestedSharesWithNonForfeitableDividendRights
1029000 shares
CY2016Q2 us-gaap Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
0 USD
CY2017Q2 us-gaap Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
5750000 USD
CY2017Q1 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
15530000 USD
CY2017Q2 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
10819000 USD
CY2017Q1 us-gaap Inventory Net
InventoryNet
16323000 USD
CY2017Q2 us-gaap Inventory Net
InventoryNet
11636000 USD
CY2017Q1 us-gaap Inventory Raw Materials And Supplies Net Of Reserves
InventoryRawMaterialsAndSuppliesNetOfReserves
793000 USD
CY2017Q2 us-gaap Inventory Raw Materials And Supplies Net Of Reserves
InventoryRawMaterialsAndSuppliesNetOfReserves
817000 USD
CY2017Q1 us-gaap Liabilities
Liabilities
2145426000 USD
CY2017Q2 us-gaap Liabilities
Liabilities
2119815000 USD
CY2017Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
3149154000 USD
CY2017Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
3219570000 USD
CY2017Q1 us-gaap Liabilities Current
LiabilitiesCurrent
1685892000 USD
CY2017Q2 us-gaap Liabilities Current
LiabilitiesCurrent
1466058000 USD
CY2017Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
251929000 USD
CY2017Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
212864000 USD
CY2016Q2 us-gaap Loss Contingency Damages Sought Value
LossContingencyDamagesSoughtValue
150000000 USD
CY2016Q2 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-24279000 USD
CY2017Q2 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-57689000 USD
CY2016Q2 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
72885000 USD
CY2017Q2 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-45415000 USD
CY2016Q2 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-47248000 USD
CY2017Q2 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-18628000 USD
CY2016Q2 us-gaap Net Income Loss
NetIncomeLoss
-38567000 USD
CY2017Q2 us-gaap Net Income Loss
NetIncomeLoss
60276000 USD
CY2016Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-38567000 USD
CY2017Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
59688000 USD
CY2016Q2 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-38567000 USD
CY2017Q2 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
65504000 USD
CY2016Q2 us-gaap Operating Expenses
OperatingExpenses
159155000 USD
CY2017Q2 us-gaap Operating Expenses
OperatingExpenses
173428000 USD
CY2016Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-38983000 USD
CY2017Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
50219000 USD
CY2017Q1 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
64915000 USD
CY2017Q2 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
65075000 USD
CY2017Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
35325000 USD
CY2017Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
46971000 USD
CY2016Q2 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-3633000 USD
CY2017Q2 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
9476000 USD
CY2016Q2 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
210000 USD
CY2017Q2 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
84000 USD
CY2016Q2 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-3427000 USD
CY2017Q2 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
9560000 USD
CY2016Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-3423000 USD
CY2017Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
9560000 USD
CY2016Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
-4000 USD
CY2017Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
0 USD
CY2016Q2 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
206000 USD
CY2017Q2 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
84000 USD
CY2017Q1 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
197199000 USD
CY2017Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
209367000 USD
CY2016Q2 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
3171000 USD
CY2017Q2 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
9669000 USD
CY2016Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-4506000 USD
CY2017Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-2808000 USD
CY2016Q2 us-gaap Payments For Proceeds From Investments
PaymentsForProceedsFromInvestments
-1350000 USD
CY2017Q2 us-gaap Payments For Proceeds From Investments
PaymentsForProceedsFromInvestments
0 USD
CY2016Q2 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
25166000 USD
CY2017Q2 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
57689000 USD
CY2016Q2 us-gaap Payments To Acquire Longterm Investments
PaymentsToAcquireLongtermInvestments
1885000 USD
CY2017Q2 us-gaap Payments To Acquire Longterm Investments
PaymentsToAcquireLongtermInvestments
0 USD
CY2016Q2 us-gaap Payments To Acquire Other Productive Assets
PaymentsToAcquireOtherProductiveAssets
0 USD
CY2017Q2 us-gaap Payments To Acquire Other Productive Assets
PaymentsToAcquireOtherProductiveAssets
25381000 USD
CY2016Q2 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
4230000 USD
CY2017Q2 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
16092000 USD
CY2016Q2 us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
30836000 USD
CY2017Q2 us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
33159000 USD
CY2017Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2017Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2017Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000 shares
CY2017Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000 shares
CY2017Q1 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2017Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2017Q1 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2017Q2 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2017Q1 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2017Q2 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2017Q1 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
59593000 USD
CY2017Q2 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
84823000 USD
CY2016Q2 us-gaap Proceeds From Issuance Of Commercial Paper
ProceedsFromIssuanceOfCommercialPaper
0 USD
CY2017Q2 us-gaap Proceeds From Issuance Of Commercial Paper
ProceedsFromIssuanceOfCommercialPaper
16500000 USD
CY2016Q2 us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
29795000 USD
CY2017Q2 us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
45705000 USD
CY2017Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
67300000 USD
CY2017Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
76613000 USD
CY2016Q2 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
4000 USD
CY2017Q2 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
0 USD
CY2016Q2 us-gaap Repayments Of Commercial Paper
RepaymentsOfCommercialPaper
0 USD
CY2017Q2 us-gaap Repayments Of Commercial Paper
RepaymentsOfCommercialPaper
7989000 USD
CY2016Q2 us-gaap Research And Development Expense Software Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseSoftwareExcludingAcquiredInProcessCost
33900000 USD
CY2017Q2 us-gaap Research And Development Expense Software Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseSoftwareExcludingAcquiredInProcessCost
42269000 USD
CY2017Q1 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
337818000 USD
CY2017Q2 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
406336000 USD
CY2016Q2 us-gaap Restructuring Charges
RestructuringCharges
0 USD
CY2017Q2 us-gaap Restructuring Charges
RestructuringCharges
10599000 USD
CY2017Q1 us-gaap Restructuring Reserve Current
RestructuringReserveCurrent
65935000 USD
CY2017Q2 us-gaap Restructuring Reserve Current
RestructuringReserveCurrent
70959000 USD
CY2017Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-99694000 USD
CY2017Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-39648000 USD
CY2016Q2 us-gaap Sales Revenue Net
SalesRevenueNet
311552000 USD
CY2017Q2 us-gaap Sales Revenue Net
SalesRevenueNet
418216000 USD
CY2016Q2 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
71134000 USD
CY2017Q2 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
52214000 USD
CY2016Q2 us-gaap Share Based Compensation
ShareBasedCompensation
15100000 USD
CY2017Q2 us-gaap Share Based Compensation
ShareBasedCompensation
24071000 USD
CY2017Q1 us-gaap Short Term Investments
ShortTermInvestments
448932000 USD
CY2017Q2 us-gaap Short Term Investments
ShortTermInvestments
452949000 USD
CY2017Q1 us-gaap Stockholders Equity
StockholdersEquity
1003728000 USD
CY2017Q2 us-gaap Stockholders Equity
StockholdersEquity
1099755000 USD
CY2016Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-37896000 USD
CY2016Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-41319000 USD
CY2017Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-47142000 USD
CY2017Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-37582000 USD
CY2017Q1 us-gaap Treasury Stock Shares
TreasuryStockShares
17192000 shares
CY2017Q2 us-gaap Treasury Stock Shares
TreasuryStockShares
17192000 shares
CY2017Q1 us-gaap Treasury Stock Value
TreasuryStockValue
303388000 USD
CY2017Q2 us-gaap Treasury Stock Value
TreasuryStockValue
303388000 USD
CY2016Q2 us-gaap Undistributed Earnings
UndistributedEarnings
0 USD
CY2017Q2 us-gaap Undistributed Earnings
UndistributedEarnings
588000 USD
CY2016Q2 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
0 USD
CY2017Q2 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
-522000 USD
CY2016Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
CY2017Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
13288000 shares
CY2016Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
84588000 shares
CY2017Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
118782000 shares
CY2016Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
84588000 shares
CY2017Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
105494000 shares
CY2017Q2 us-gaap Revenue Recognition Software
RevenueRecognitionSoftware
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Revenue Recognition</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">As part of our on-going assessment of estimated service periods, during the three months ended June 30, 2017, we extended </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Grand Theft Auto V's </font><font style="font-family:inherit;font-size:10pt;">estimated service period from </font><font style="font-family:inherit;font-size:10pt;">41</font><font style="font-family:inherit;font-size:10pt;"> to </font><font style="font-family:inherit;font-size:10pt;">50</font><font style="font-family:inherit;font-size:10pt;"> months.</font></div></div>

Files In Submission

Name View Source Status
0001628280-17-007899-index-headers.html Edgar Link pending
0001628280-17-007899-index.html Edgar Link pending
0001628280-17-007899.txt Edgar Link pending
0001628280-17-007899-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
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
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
ttwo-20170630.xml Edgar Link completed
ttwo-20170630.xsd Edgar Link pending
ttwo-20170630_cal.xml Edgar Link unprocessable
ttwo-20170630_def.xml Edgar Link unprocessable
ttwo-20170630_lab.xml Edgar Link unprocessable
ttwo-20170630_pre.xml Edgar Link unprocessable
ttwo10q6302017.htm Edgar Link pending
ttwoex-31x1.htm Edgar Link pending
ttwoex-31x2.htm Edgar Link pending
ttwoex-32x1.htm Edgar Link pending
ttwoex-32x2.htm Edgar Link pending