2018 Q1 Form 10-K Financial Statement

#000162828018006877 Filed on May 17, 2018

View on sec.gov

Income Statement

Concept 2018 Q1 2018 2017 Q4
Revenue $450.3M $1.793B $480.8M
YoY Change -21.22% 0.74% 0.92%
Cost Of Revenue $189.2M $898.3M $268.0M
YoY Change -39.92% -12.19% -13.85%
Gross Profit $261.1M $894.6M $212.9M
YoY Change 1.72% 18.21% 28.69%
Gross Profit Margin 57.98% 49.9% 44.27%
Selling, General & Admin $107.9M $503.9M $145.5M
YoY Change 7.47% 1.42% -2.21%
% of Gross Profit 41.33% 56.33% 68.34%
Research & Development $54.10M $196.4M $49.98M
YoY Change 48.63% 42.39% 32.96%
% of Gross Profit 20.72% 21.95% 23.48%
Depreciation & Amortization $33.00M $43.97M $7.864M
YoY Change -68.75% 43.19% 5.42%
% of Gross Profit 12.64% 4.92% 3.69%
Operating Expenses $171.5M $759.0M $204.0M
YoY Change 18.11% 14.05% 5.26%
Operating Profit $87.83M $135.6M $8.852M
YoY Change -21.24% 48.49% -131.16%
Interest Expense $3.500M -$1.005M $3.400M
YoY Change -975.0% -95.37% -191.89%
% of Operating Profit 3.99% -0.74% 38.41%
Other Income/Expense, Net $1.048M $3.374M
YoY Change -106.68% -190.82%
Pretax Income $91.30M $136.2M $12.23M
YoY Change -17.82% 58.33% -138.06%
Income Tax $400.0K -$36.91M -$12.91M
% Of Pretax Income 0.44% -27.09% -105.63%
Net Earnings $90.85M $173.5M $25.14M
YoY Change -8.49% 157.84% -184.24%
Net Earnings / Revenue 20.18% 9.68% 5.23%
Basic Earnings Per Share $0.80 $1.57 $0.22
Diluted Earnings Per Share $0.77 $1.54 $0.21
COMMON SHARES
Basic Shares Outstanding 114.4M shares 110.2M shares 114.0M shares
Diluted Shares Outstanding 112.9M shares 117.9M shares

Balance Sheet

Concept 2018 Q1 2018 2017 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.424B $1.424B $1.322B
YoY Change 2.31% 2.31% -8.46%
Cash & Equivalents $809.0M $809.0M $774.5M
Short-Term Investments $615.4M $615.4M $547.3M
Other Short-Term Assets $722.0M $721.9M $669.2M
YoY Change 27.34% 27.32% 2.45%
Inventory $15.16M $15.20M $30.86M
Prepaid Expenses
Receivables $247.6M $247.6M $425.9M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $2.409B $2.409B $2.448B
YoY Change 9.75% 9.75% -0.14%
LONG-TERM ASSETS
Property, Plant & Equipment $102.5M $102.5M $96.57M
YoY Change 52.27% 52.3% 46.76%
Goodwill $399.5M $389.7M
YoY Change 11.25%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $51.96M $83.60M $53.61M
YoY Change 47.08% 136.83% 89.43%
Total Long-Term Assets $1.329B $1.329B $1.235B
YoY Change 39.29% 39.27% 93.59%
TOTAL ASSETS
Total Short-Term Assets $2.409B $2.409B $2.448B
Total Long-Term Assets $1.329B $1.329B $1.235B
Total Assets $3.738B $3.738B $3.683B
YoY Change 18.69% 18.69% 19.21%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $35.03M $35.00M $46.00M
YoY Change 9.84% 9.72% -15.13%
Accrued Expenses $914.7M $77.20M $907.3M
YoY Change 21.82% 17.15% 590.0%
Deferred Revenue $777.2M
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00
YoY Change
Total Short-Term Liabilities $1.727B $1.727B $2.072B
YoY Change 2.43% 2.43% 11.18%
LONG-TERM LIABILITIES
Long-Term Debt $8.068M $8.100M $13.84M
YoY Change -96.8% -96.78% -94.66%
Other Long-Term Liabilities $158.3M $509.9M $151.3M
YoY Change -19.73% 197.14% 4.01%
Total Long-Term Liabilities $166.4M $518.0M $165.2M
YoY Change -62.96% 22.31% -59.16%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.727B $1.727B $2.072B
Total Long-Term Liabilities $166.4M $518.0M $165.2M
Total Liabilities $2.249B $2.249B $2.282B
YoY Change 4.82% 4.82% 0.6%
SHAREHOLDERS EQUITY
Retained Earnings $73.52M -$17.31M
YoY Change -173.74%
Common Stock $1.889B $1.863B
YoY Change 29.95%
Preferred Stock
YoY Change
Treasury Stock (at cost) $458.2M $413.5M
YoY Change 51.02%
Treasury Stock Shares 18.71M shares 18.26M shares
Shareholders Equity $1.489B $1.489B $1.401B
YoY Change
Total Liabilities & Shareholders Equity $3.738B $3.738B $3.683B
YoY Change 18.69% 18.69% 19.21%

Cashflow Statement

Concept 2018 Q1 2018 2017 Q4
OPERATING ACTIVITIES
Net Income $90.85M $173.5M $25.14M
YoY Change -8.49% 157.84% -184.24%
Depreciation, Depletion And Amortization $33.00M $43.97M $7.864M
YoY Change -68.75% 43.19% 5.42%
Cash From Operating Activities $252.4M $493.5M $108.7M
YoY Change 49.97% 20.99% -62.57%
INVESTING ACTIVITIES
Capital Expenditures -$14.10M $61.56M -$14.70M
YoY Change 107.35% 190.82% 140.98%
Acquisitions
YoY Change
Other Investing Activities -$75.20M $0.00 -$46.30M
YoY Change -55.89% 2986.67%
Cash From Investing Activities -$89.30M -$271.8M -$61.00M
YoY Change -49.6% 110.67% 692.21%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $154.8M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -76.40M -$281.5M -119.0M
YoY Change 423.29% 465.51% 1987.72%
NET CHANGE
Cash From Operating Activities 252.4M $493.5M 108.7M
Cash From Investing Activities -89.30M -$271.8M -61.00M
Cash From Financing Activities -76.40M -$281.5M -119.0M
Net Change In Cash 86.70M -$34.84M -71.30M
YoY Change -468.94% -115.74% -125.74%
FREE CASH FLOW
Cash From Operating Activities $252.4M $493.5M $108.7M
Capital Expenditures -$14.10M $61.56M -$14.70M
Free Cash Flow $266.5M $432.0M $123.4M
YoY Change 52.2% 11.7% -58.38%

Facts In Submission

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CY2017Q2 us-gaap Gross Profit
GrossProfit
223647000 USD
CY2017Q3 us-gaap Gross Profit
GrossProfit
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CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
76965000 USD
CY2017 us-gaap Incremental Common Shares Attributable To Participating Nonvested Shares With Non Forfeitable Dividend Rights
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1741000 shares
CY2018 us-gaap Incremental Common Shares Attributable To Participating Nonvested Shares With Non Forfeitable Dividend Rights
IncrementalCommonSharesAttributableToParticipatingNonvestedSharesWithNonForfeitableDividendRights
101000 shares
CY2017Q4 us-gaap Gross Profit
GrossProfit
212857000 USD
CY2018Q1 us-gaap Gross Profit
GrossProfit
261063000 USD
CY2018 us-gaap Gross Profit
GrossProfit
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CY2016 us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill
0 USD
CY2017 us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill
0 USD
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IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
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CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
86050000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
136239000 USD
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
55824000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
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CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
386000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
136625000 USD
CY2016 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2017 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
9662000 USD
CY2018 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-36908000 USD
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CY2017 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
6648000 USD
CY2018 us-gaap Income Taxes Paid Net
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8790000 USD
CY2016 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-49348000 USD
CY2017 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
41956000 USD
CY2018 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
26998000 USD
CY2016 us-gaap Increase Decrease In Deferred Charges
IncreaseDecreaseInDeferredCharges
41144000 USD
CY2017 us-gaap Increase Decrease In Deferred Charges
IncreaseDecreaseInDeferredCharges
14969000 USD
CY2018 us-gaap Increase Decrease In Deferred Charges
IncreaseDecreaseInDeferredCharges
11959000 USD
CY2016 us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
270000 USD
CY2017 us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
-3020000 USD
CY2018 us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
32523000 USD
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IncreaseDecreaseInDeferredRevenue
152325000 USD
CY2017 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
126285000 USD
CY2018 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
198397000 USD
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IncreaseDecreaseInInventories
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CY2017 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
4942000 USD
CY2018 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-3917000 USD
CY2016 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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12272000 USD
CY2017 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
22155000 USD
CY2018 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
74544000 USD
CY2016 us-gaap Increase Decrease In Restricted Cash For Operating Activities
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91491000 USD
CY2017 us-gaap Increase Decrease In Restricted Cash For Operating Activities
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76474000 USD
CY2018 us-gaap Increase Decrease In Restricted Cash For Operating Activities
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99580000 USD
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-182383000 USD
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IncreaseDecreaseInTimeDeposits
89076000 USD
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IncreaseDecreaseInTimeDeposits
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-29239000 USD
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InterestIncomeExpenseNonoperatingNet
-21700000 USD
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InterestIncomeExpenseNonoperatingNet
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InterestPaidNet
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4121000 USD
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15530000 USD
CY2018Q1 us-gaap Inventory Finished Goods Net Of Reserves
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13940000 USD
CY2017Q1 us-gaap Inventory Net
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16323000 USD
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15162000 USD
CY2018Q1 us-gaap Inventory Raw Materials And Supplies Net Of Reserves
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1222000 USD
CY2016 us-gaap Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
26652000 USD
CY2017 us-gaap Issuance Of Stock And Warrants For Services Or Claims
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29573000 USD
CY2018 us-gaap Issuance Of Stock And Warrants For Services Or Claims
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32801000 USD
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CY2018Q1 us-gaap Liabilities
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0 USD
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8160000 USD
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0 USD
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0 USD
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0 USD
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0 USD
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8068000 USD
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150000000 USD
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NetCashProvidedByUsedInInvestingActivities
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NetCashProvidedByUsedInInvestingActivities
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NetCashProvidedByUsedInOperatingActivities
261305000 USD
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NetCashProvidedByUsedInOperatingActivities
331429000 USD
CY2018 us-gaap Net Cash Provided By Used In Operating Activities
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393947000 USD
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36432000 USD
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99280000 USD
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NetIncomeLoss
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25140000 USD
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173374000 USD
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OperatingIncomeLoss
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CY2016 us-gaap Net Income Loss Available To Common Stockholders Diluted
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-8302000 USD
CY2017 us-gaap Net Income Loss Available To Common Stockholders Diluted
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66057000 USD
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OperatingIncomeLoss
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OperatingIncomeLoss
47194000 USD
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CY2018 us-gaap Net Income Loss
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173533000 USD
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NetIncomeLossAvailableToCommonStockholdersBasic
-8302000 USD
CY2017 us-gaap Net Income Loss Available To Common Stockholders Basic
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66028000 USD
CY2018 us-gaap Net Income Loss Available To Common Stockholders Diluted
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173378000 USD
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1 segment
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OperatingExpenses
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CY2018 us-gaap Operating Expenses
OperatingExpenses
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OperatingIncomeLoss
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CY2017 us-gaap Operating Income Loss
OperatingIncomeLoss
91305000 USD
CY2017Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
50219000 USD
CY2017Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
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OperatingIncomeLoss
8852000 USD
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OperatingIncomeLoss
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CY2018 us-gaap Operating Income Loss
OperatingIncomeLoss
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CY2018Q1 us-gaap Operating Leases Future Minimum Payments Due In Five Years
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19571000 USD
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21665000 USD
CY2018Q1 us-gaap Operating Leases Future Minimum Payments Due In Three Years
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23092000 USD
CY2018Q1 us-gaap Operating Leases Future Minimum Payments Due In Two Years
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29620000 USD
CY2018Q1 us-gaap Operating Leases Future Minimum Payments Due Thereafter
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62476000 USD
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18032000 USD
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19545000 USD
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25301000 USD
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35325000 USD
CY2018Q1 us-gaap Other Assets Noncurrent
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56887000 USD
CY2016 us-gaap Other Comprehensive Income Derivatives Qualifying As Hedges Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent
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CY2018 us-gaap Other Comprehensive Income Derivatives Qualifying As Hedges Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent
-10191000 USD
CY2016 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-7364000 USD
CY2017 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-9086000 USD
CY2018 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
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43379000 USD
CY2016 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
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109000 USD
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-160000 USD
CY2018 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
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CY2018 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
31410000 USD
CY2017 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
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OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
25942000 USD
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CY2017 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
0 USD
CY2018 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
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CY2016 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax
0 USD
CY2017 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax
0 USD
CY2018 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax
2038000 USD
CY2016 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-7272000 USD
CY2017 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-9246000 USD
CY2016 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
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CY2017 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
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CY2018 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
0 USD
CY2016 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Before Tax
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17000 USD
CY2017 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesBeforeTax
0 USD
CY2018 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Before Tax
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0 USD
CY2016 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
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0 USD
CY2017 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
0 USD
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OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
-8153000 USD
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OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
73000 USD
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-169000 USD
CY2018 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
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OtherNoncashIncomeExpense
3410000 USD
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OtherNonoperatingIncomeExpense
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OtherNonoperatingIncomeExpense
1048000 USD
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349000 USD
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0 USD
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0 USD
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26552000 USD
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0 USD
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154792000 USD
CY2017 us-gaap Payments For Restructuring
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5350000 USD
CY2018 us-gaap Payments For Restructuring
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3895000 USD
CY2016 us-gaap Payments Related To Tax Withholding For Share Based Compensation
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22916000 USD
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PaymentsRelatedToTaxWithholdingForShareBasedCompensation
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CY2018 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
112884000 USD
CY2016 us-gaap Payments To Acquire Businesses Gross
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0 USD
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PaymentsToAcquireBusinessesGross
130669000 USD
CY2018 us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
9401000 USD
CY2016 us-gaap Payments To Acquire Longterm Investments
PaymentsToAcquireLongtermInvestments
0 USD
CY2017 us-gaap Payments To Acquire Longterm Investments
PaymentsToAcquireLongtermInvestments
1885000 USD
CY2018 us-gaap Payments To Acquire Longterm Investments
PaymentsToAcquireLongtermInvestments
5000000 USD
CY2016 us-gaap Payments To Acquire Other Productive Assets
PaymentsToAcquireOtherProductiveAssets
0 USD
CY2017 us-gaap Payments To Acquire Other Productive Assets
PaymentsToAcquireOtherProductiveAssets
0 USD
CY2018 us-gaap Payments To Acquire Other Productive Assets
PaymentsToAcquireOtherProductiveAssets
25965000 USD
CY2016 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
37280000 USD
CY2017 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
21167000 USD
CY2018 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
61557000 USD
CY2016 us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
150501000 USD
CY2017 us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
221671000 USD
CY2018 us-gaap Payments To Acquire Short Term Investments
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369998000 USD
CY2017Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
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PreferredStockParOrStatedValuePerShare
0.01
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5000000 shares
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5000000 shares
CY2017Q1 us-gaap Preferred Stock Shares Issued
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0 shares
CY2018Q1 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2017Q1 us-gaap Preferred Stock Shares Outstanding
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0 shares
CY2018Q1 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2017Q1 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2018Q1 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
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59593000 USD
CY2018Q1 us-gaap Prepaid Expense And Other Assets Current
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133454000 USD
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ProceedsFromPaymentsForOtherFinancingActivities
0 USD
CY2017 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
0 USD
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ProceedsFromPaymentsForOtherFinancingActivities
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CY2016 us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
43314000 USD
CY2017 us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
155936000 USD
CY2018 us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
241012000 USD
CY2016 us-gaap Proceeds From Sale Of Longterm Investments
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0 USD
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CY2018Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
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PropertyPlantAndEquipmentNet
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CY2018Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
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CY2018Q1 us-gaap Purchase Obligation
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PurchaseObligationDueAfterFifthYear
0 USD
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PurchaseObligationDueInFifthYear
0 USD
CY2018Q1 us-gaap Purchase Obligation Due In Fourth Year
PurchaseObligationDueInFourthYear
0 USD
CY2018Q1 us-gaap Purchase Obligation Due In Next Twelve Months
PurchaseObligationDueInNextTwelveMonths
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CY2017 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
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CY2017Q1 us-gaap Restricted Cash And Cash Equivalents
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CY2018Q1 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
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CY2016 us-gaap Restructuring Charges
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0 USD
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CY2017Q1 us-gaap Restructuring Reserve Current
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CY2018Q1 us-gaap Restructuring Reserve Current
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CY2017Q1 us-gaap Retained Earnings Accumulated Deficit
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CY2018Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
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CY2016 us-gaap Sales Revenue Net
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1413698000 USD
CY2016Q2 us-gaap Sales Revenue Net
SalesRevenueNet
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CY2016Q3 us-gaap Sales Revenue Net
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CY2016Q4 us-gaap Sales Revenue Net
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476474000 USD
CY2017Q1 us-gaap Sales Revenue Net
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CY2017 us-gaap Sales Revenue Net
SalesRevenueNet
1779748000 USD
CY2017Q2 us-gaap Sales Revenue Net
SalesRevenueNet
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CY2017Q3 us-gaap Sales Revenue Net
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CY2017Q4 us-gaap Sales Revenue Net
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480840000 USD
CY2018Q1 us-gaap Sales Revenue Net
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450274000 USD
CY2018 us-gaap Sales Revenue Net
SalesRevenueNet
1792892000 USD
CY2016 us-gaap Selling And Marketing Expense
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198309000 USD
CY2017 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
285453000 USD
CY2018 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
256092000 USD
CY2016 us-gaap Share Based Compensation
ShareBasedCompensation
69996000 USD
CY2017 us-gaap Share Based Compensation
ShareBasedCompensation
81879000 USD
CY2018 us-gaap Share Based Compensation
ShareBasedCompensation
116349000 USD
CY2017Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Plan Modification Incremental Compensation Cost
ShareBasedCompensationArrangementByShareBasedPaymentAwardPlanModificationIncrementalCompensationCost
112789000 USD
CY2017Q1 us-gaap Short Term Investments
ShortTermInvestments
448932000 USD
CY2018Q1 us-gaap Short Term Investments
ShortTermInvestments
615406000 USD
CY2017 us-gaap Stock Issued During Period Value Acquisitions
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57342000 USD
CY2016 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
0 USD
CY2017 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
0 USD
CY2018 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
0 USD
CY2018Q1 us-gaap Stock Repurchase Program Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased
14217683 shares
CY2015Q1 us-gaap Stockholders Equity
StockholdersEquity
563088000 USD
CY2016Q1 us-gaap Stockholders Equity
StockholdersEquity
581385000 USD
CY2017Q1 us-gaap Stockholders Equity
StockholdersEquity
1003728000 USD
CY2018Q1 us-gaap Stockholders Equity
StockholdersEquity
1488970000 USD
CY2016Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-37896000 USD
CY2017Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-47142000 USD
CY2018Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-15732000 USD
CY2017Q1 us-gaap Treasury Stock Shares
TreasuryStockShares
17192000 shares
CY2018Q1 us-gaap Treasury Stock Shares
TreasuryStockShares
18705000 shares
CY2017 us-gaap Undistributed Earnings
UndistributedEarnings
-1275000 USD
CY2018 us-gaap Undistributed Earnings
UndistributedEarnings
-159000 USD
CY2016 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
0 USD
CY2017 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
1246000 USD
CY2018 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
155000 USD
CY2017Q1 us-gaap Undistributed Earnings Of Foreign Subsidiaries
UndistributedEarningsOfForeignSubsidiaries
162800000 USD
CY2018Q1 us-gaap Undistributed Earnings Of Foreign Subsidiaries
UndistributedEarningsOfForeignSubsidiaries
314800000 USD
CY2017Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
120198000 USD
CY2018Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
128510000 USD
CY2016 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
0 USD
CY2017 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
0 USD
CY2018 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
436000 USD
CY2017Q1 us-gaap Treasury Stock Value
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303388000 USD
CY2018Q1 us-gaap Treasury Stock Value
TreasuryStockValue
458180000 USD
CY2016 us-gaap Treasury Stock Value Acquired Cost Method
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26552000 USD
CY2018 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
154792000 USD
CY2016 us-gaap Undistributed Earnings
UndistributedEarnings
0 USD
CY2017Q1 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
4090000 USD
CY2018Q1 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
6453000 USD
CY2016 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
1098000 USD
CY2017 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
877000 USD
CY2018 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
2363000 USD
CY2016 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
12208000 USD
CY2017 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
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65669000 USD
CY2018 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
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23007000 USD
CY2016 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
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0 USD
CY2017 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
5086000 USD
CY2018 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
7406000 USD
CY2016 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
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0 USD
CY2017 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
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7469000 USD
CY2018 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
24006000 USD
CY2017Q1 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
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36940000 USD
CY2018Q1 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
22805000 USD
CY2018 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
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-39769000 USD
CY2016 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
CY2017 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
2152000 shares
CY2018 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
2755000 shares
CY2016 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
83417000 shares
CY2017 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
94073000 shares
CY2018 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
112864000 shares
CY2016 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
83417000 shares
CY2017 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
91921000 shares
CY2018 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
110210000 shares
CY2018 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<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;">Concentration of Credit Risk and Accounts Receivable</font></div><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;">We maintain cash balances at several major financial institutions. While we attempt to limit credit exposure with any single institution, balances often exceed insurable amounts.</font></div><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;">If the financial condition and operations of our customers deteriorate, our risk of collection could increase substantially. A majority of our trade receivables are derived from sales to major retailers and distributors. </font></div></div>
CY2018 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<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;">Reclassifications </font></div><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;">Certain immaterial amounts in the financial statements of the prior years have been reclassified to conform to the current year presentation for comparative purposes.</font></div></div>
CY2018 us-gaap Revenue Recognition Allowances
RevenueRecognitionAllowances
<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;">Price Protection and Allowances for Returns</font></div><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;">We grant price protection and accept returns in connection with our distribution arrangements with customers. Following reductions in the price of our products, we grant price protection to permit customers to take credits against amounts they owe us with respect to merchandise unsold by them. Our customers must satisfy certain conditions to entitle them to receive price protection or return products, including compliance with applicable payment terms and confirmation of field inventory levels.</font></div><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;">Generally, our distribution arrangements with customers do not give them the right to return titles or to cancel firm orders. However, we occasionally accept returns from our customers for stock balancing and make accommodations to customers, which include credits and returns, when demand for specific titles falls below expectations.</font></div><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;">We make estimates of future price protection and product returns related to current period product revenue. We estimate the amount of future price protection and returns for published titles based upon, among other factors, historical experience and performance of the titles in similar genres, historical performance of the hardware platform, customer inventory levels, analysis of sell-through rates, sales force and retail customer feedback, industry pricing, market conditions and changes in demand and acceptance of our products by consumers.</font></div><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;">Significant management judgments and estimates must be made and used in connection with establishing price protection and the allowance for returns in any accounting period. We believe we can make reliable estimates of price protection and returns. However, actual results may differ from initial estimates as a result of changes in circumstances, market conditions and assumptions. Adjustments to estimates are recorded in the period in which they become known.</font></div></div>
CY2018 us-gaap Revenue Recognition Incentives
RevenueRecognitionIncentives
<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;">Consideration Given to Customers and Received from Vendors</font></div><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;">We have various marketing arrangements with retailers and distributors of our products that provide for cooperative advertising and market development funds, among others, which are generally based on single exchange transactions. Such amounts are accrued as a reduction to revenue at the later of: (1) the date at which the related revenue is recognized by us, or (2) the date at which the sales incentive is offered, except for cooperative advertising which is included in selling and marketing expense if there is a separate identifiable benefit and the benefit's fair value can be established.</font></div><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;">We receive various incentives from our manufacturers, including up-front cash payments as well as rebates based on a cumulative level of purchases. Such amounts are generally accounted for as a reduction in the price of the manufacturer's product and included as a reduction of inventory or cost of goods sold, based on an agreed upon per unit rebate.</font></div></div>
CY2018 us-gaap Use Of Estimates
UseOfEstimates
<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;">Use of Estimates</font></div><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;">The preparation of financial statements in conformity with U.S. generally accepted accounting principles ("U.S.&#160;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 financial statements and the reported amounts of net revenue and expenses during the reporting periods. Our most significant estimates and assumptions relate to the recoverability of software development costs and prepaid royalties, licenses and intangibles, valuation of inventories, realization of deferred income taxes, the adequacy of price protection, allowances for sales returns and doubtful accounts, accrued liabilities, the service period for deferred net revenue and related cost of goods sold, fair value estimates, the valuation of stock-based compensation, and assumptions used in our goodwill impairment tests. These estimates generally involve complex issues and require us to make judgments, involve analysis of historical and the prediction of future trends, and are subject to change from period to period. Actual amounts could differ significantly from these estimates. The Company considers transactions or events that occur after the balance sheet date, but before the financial statements are issued, to provide additional evidence relative to certain estimates or to identify matters that require additional disclosures.</font></div></div>

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