2019 Q1 Form 10-K Financial Statement

#000162828019006691 Filed on May 14, 2019

View on sec.gov

Income Statement

Concept 2019 Q1 2018 Q2 2018 Q1
Revenue $539.0M $388.0M $450.3M
YoY Change 19.71% -7.23% -21.22%
Cost Of Revenue $258.9M $131.4M $189.2M
YoY Change 36.84% -32.48% -39.92%
Gross Profit $280.1M $256.6M $261.1M
YoY Change 7.29% 14.74% 1.72%
Gross Profit Margin 51.96% 66.14% 57.98%
Selling, General & Admin $153.1M $126.0M $107.9M
YoY Change 41.89% 11.72% 7.47%
% of Gross Profit 54.66% 49.12% 41.33%
Research & Development $56.60M $50.71M $54.10M
YoY Change 4.62% 19.97% 48.63%
% of Gross Profit 20.21% 19.76% 20.72%
Depreciation & Amortization $58.00M $9.260M $33.00M
YoY Change 75.76% 19.59% -68.75%
% of Gross Profit 20.71% 3.61% 12.64%
Operating Expenses $220.8M $185.8M $171.5M
YoY Change 28.75% 7.12% 18.11%
Operating Profit $58.06M $70.85M $87.83M
YoY Change -33.89% 41.07% -21.24%
Interest Expense $6.500M $6.600M $3.500M
YoY Change 85.71% -335.71% -975.0%
% of Operating Profit 11.2% 9.32% 3.99%
Other Income/Expense, Net $6.601M
YoY Change -335.08%
Pretax Income $64.50M $77.45M $91.30M
YoY Change -29.35% 63.35% -17.82%
Income Tax $12.30M $5.754M $400.0K
% Of Pretax Income 19.07% 7.43% 0.44%
Net Earnings $56.83M $71.69M $90.85M
YoY Change -37.45% 18.94% -8.49%
Net Earnings / Revenue 10.54% 18.48% 20.18%
Basic Earnings Per Share $0.50 $0.63 $0.80
Diluted Earnings Per Share $0.50 $0.62 $0.77
COMMON SHARES
Basic Shares Outstanding 113.2M shares 112.9M shares 114.4M shares
Diluted Shares Outstanding 116.0M shares

Balance Sheet

Concept 2019 Q1 2018 Q2 2018 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.571B $1.102B $1.424B
YoY Change 10.29% -13.96% 2.31%
Cash & Equivalents $826.5M $464.8M $809.0M
Short-Term Investments $744.5M $637.5M $615.4M
Other Short-Term Assets $775.3M $721.7M $722.0M
YoY Change 7.38% 22.07% 27.34%
Inventory $28.20M $10.64M $15.16M
Prepaid Expenses
Receivables $395.7M $301.6M $247.6M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $2.828B $2.074B $2.409B
YoY Change 17.38% -1.84% 9.75%
LONG-TERM ASSETS
Property, Plant & Equipment $127.9M $105.9M $102.5M
YoY Change 24.79% 38.16% 52.27%
Goodwill $381.7M $387.3M $399.5M
YoY Change -4.46% 4.79% 11.25%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $94.35M $108.3M $51.96M
YoY Change 81.59% 130.6% 47.08%
Total Long-Term Assets $1.415B $1.382B $1.329B
YoY Change 6.52% 24.87% 39.29%
TOTAL ASSETS
Total Short-Term Assets $2.828B $2.074B $2.409B
Total Long-Term Assets $1.415B $1.382B $1.329B
Total Assets $4.243B $3.456B $3.738B
YoY Change 13.52% 7.34% 18.69%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $72.80M $33.77M $35.03M
YoY Change 107.82% -8.57% 9.84%
Accrued Expenses $1.036B $984.4M $914.7M
YoY Change 13.22% 21.58% 21.82%
Deferred Revenue $843.3M $547.0M $777.2M
YoY Change 8.51%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00
YoY Change
Total Short-Term Liabilities $1.952B $1.391B $1.727B
YoY Change 13.02% -5.1% 2.43%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $5.232M $8.068M
YoY Change -100.0% -97.54% -96.8%
Other Long-Term Liabilities $229.6M $192.6M $158.3M
YoY Change 45.08% -8.0% -19.73%
Total Long-Term Liabilities $229.6M $197.9M $166.4M
YoY Change 38.04% -53.14% -62.96%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.952B $1.391B $1.727B
Total Long-Term Liabilities $229.6M $197.9M $166.4M
Total Liabilities $2.202B $1.604B $2.249B
YoY Change -2.06% -24.34% 4.82%
SHAREHOLDERS EQUITY
Retained Earnings $877.6M $543.8M $73.52M
YoY Change 1093.79% -1471.54% -173.74%
Common Stock $2.021B $1.889B $1.889B
YoY Change 6.95% 27.63% 29.95%
Preferred Stock
YoY Change
Treasury Stock (at cost) $820.6M $611.7M $458.2M
YoY Change 79.09% 101.62% 51.02%
Treasury Stock Shares 22.42M shares 20.30M shares 18.71M shares
Shareholders Equity $2.041B $1.852B $1.489B
YoY Change
Total Liabilities & Shareholders Equity $4.243B $3.456B $3.738B
YoY Change 13.52% 7.34% 18.69%

Cashflow Statement

Concept 2019 Q1 2018 Q2 2018 Q1
OPERATING ACTIVITIES
Net Income $56.83M $71.69M $90.85M
YoY Change -37.45% 18.94% -8.49%
Depreciation, Depletion And Amortization $58.00M $9.260M $33.00M
YoY Change 75.76% 19.59% -68.75%
Cash From Operating Activities $453.3M -$11.18M $252.4M
YoY Change 79.6% -122.42% 49.97%
INVESTING ACTIVITIES
Capital Expenditures -$23.40M $14.29M -$14.10M
YoY Change 65.96% -11.2% 107.35%
Acquisitions
YoY Change
Other Investing Activities -$222.5M -$25.70M -$75.20M
YoY Change 195.88% 558.97% -55.89%
Cash From Investing Activities -$245.9M -$40.00M -$89.30M
YoY Change 175.36% -11.93% -49.6%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $153.5M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -115.5M -$211.9M -76.40M
YoY Change 51.18% 267.32% 423.29%
NET CHANGE
Cash From Operating Activities 453.3M -$11.18M 252.4M
Cash From Investing Activities -245.9M -$40.00M -89.30M
Cash From Financing Activities -115.5M -$211.9M -76.40M
Net Change In Cash 91.90M -$272.2M 86.70M
YoY Change 6.0% 482.02% -468.94%
FREE CASH FLOW
Cash From Operating Activities $453.3M -$11.18M $252.4M
Capital Expenditures -$23.40M $14.29M -$14.10M
Free Cash Flow $476.7M -$25.47M $266.5M
YoY Change 78.87% -175.37% 52.2%

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0 USD
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2038000 USD
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763000 USD
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31410000 USD
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0 USD
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2440000 USD
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130669000 USD
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9401000 USD
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0 USD
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28149000 USD
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1885000 USD
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5000000 USD
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0 USD
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0 USD
CY2018 us-gaap Payments To Acquire Other Productive Assets
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25965000 USD
CY2019 us-gaap Payments To Acquire Other Productive Assets
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0 USD
CY2017 us-gaap Payments To Acquire Property Plant And Equipment
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21167000 USD
CY2018 us-gaap Payments To Acquire Property Plant And Equipment
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61557000 USD
CY2019 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
66969000 USD
CY2017 us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
221671000 USD
CY2018 us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
369998000 USD
CY2019 us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
282534000 USD
CY2018Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2019Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2018Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000 shares
CY2019Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000 shares
CY2018Q1 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2019Q1 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2018Q1 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
133454000 USD
CY2019Q1 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
186688000 USD
CY2018 us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
241012000 USD
CY2019 us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
325133000 USD
CY2017 us-gaap Proceeds From Sale Of Longterm Investments
ProceedsFromSaleOfLongtermInvestments
1350000 USD
CY2018 us-gaap Proceeds From Sale Of Longterm Investments
ProceedsFromSaleOfLongtermInvestments
0 USD
CY2019 us-gaap Proceeds From Sale Of Longterm Investments
ProceedsFromSaleOfLongtermInvestments
0 USD
CY2018Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
246462000 USD
CY2019Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
297512000 USD
CY2018Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
102478000 USD
CY2019Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
127882000 USD
CY2019Q1 us-gaap Purchase Obligation
PurchaseObligation
39436000 USD
CY2019Q1 us-gaap Purchase Obligation Due After Fifth Year
PurchaseObligationDueAfterFifthYear
0 USD
CY2019Q1 us-gaap Purchase Obligation Due In Fifth Year
PurchaseObligationDueInFifthYear
484000 USD
CY2019Q1 us-gaap Purchase Obligation Due In Fourth Year
PurchaseObligationDueInFourthYear
623000 USD
CY2019Q1 us-gaap Purchase Obligation Due In Next Twelve Months
PurchaseObligationDueInNextTwelveMonths
23707000 USD
CY2019Q1 us-gaap Purchase Obligation Due In Second Year
PurchaseObligationDueInSecondYear
9559000 USD
CY2019Q1 us-gaap Purchase Obligation Due In Third Year
PurchaseObligationDueInThirdYear
5063000 USD
CY2018 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
7506000 USD
CY2019 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
3726000 USD
CY2017 us-gaap Research And Development Expense Software Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseSoftwareExcludingAcquiredInProcessCost
137915000 USD
CY2018 us-gaap Research And Development Expense Software Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseSoftwareExcludingAcquiredInProcessCost
196373000 USD
CY2019 us-gaap Research And Development Expense Software Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseSoftwareExcludingAcquiredInProcessCost
230170000 USD
CY2018Q1 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
437398000 USD
CY2019Q1 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
565461000 USD
CY2017 us-gaap Restructuring Charges
RestructuringCharges
0 USD
CY2018 us-gaap Restructuring Charges
RestructuringCharges
14742000 USD
CY2019 us-gaap Restructuring Charges
RestructuringCharges
-4958000 USD
CY2018Q1 us-gaap Restructuring Reserve Current
RestructuringReserveCurrent
72074000 USD
CY2019Q1 us-gaap Restructuring Reserve Current
RestructuringReserveCurrent
0 USD
CY2018Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
73516000 USD
CY2019Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
877626000 USD
CY2018Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
543789000 USD
CY2017 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1779748000 USD
CY2017Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
418216000 USD
CY2017Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
443562000 USD
CY2017Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
480840000 USD
CY2018Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
450274000 USD
CY2018 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1792892000 USD
CY2018Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
387982000 USD
CY2018Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
492667000 USD
CY2018Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1248738000 USD
CY2019Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
539007000 USD
CY2019 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2668394000 USD
CY2019Q1 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
1047309000 USD
CY2019Q1 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
1131714000 USD
CY2017 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
285453000 USD
CY2018 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
256092000 USD
CY2019 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
391400000 USD
CY2017 us-gaap Share Based Compensation
ShareBasedCompensation
81879000 USD
CY2018 us-gaap Share Based Compensation
ShareBasedCompensation
116349000 USD
CY2019 us-gaap Share Based Compensation
ShareBasedCompensation
247700000 USD
CY2018Q1 us-gaap Shares Outstanding
SharesOutstanding
132743000 shares
CY2019Q1 us-gaap Shares Outstanding
SharesOutstanding
134602000 shares
CY2018Q1 us-gaap Short Term Investments
ShortTermInvestments
615406000 USD
CY2019Q1 us-gaap Short Term Investments
ShortTermInvestments
744485000 USD
CY2017 us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
57342000 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
CY2019 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
0 USD
CY2019Q1 us-gaap Stock Repurchase Program Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased
14217683.000 shares
CY2016Q1 us-gaap Stockholders Equity
StockholdersEquity
581385000 USD
CY2017Q1 us-gaap Stockholders Equity
StockholdersEquity
1003728000 USD
CY2018Q1 us-gaap Stockholders Equity
StockholdersEquity
1488970000 USD
CY2019Q1 us-gaap Stockholders Equity
StockholdersEquity
2040580000 USD
CY2019 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
13281000 USD
CY2017 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
7469000 USD
CY2018 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
24006000 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
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
CY2019 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
288000 USD
CY2019Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-37189000 USD
CY2019 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
1605000 USD
CY2019Q1 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
23937000 USD
CY2019 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
1700000 USD
CY2018Q1 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
6453000 USD
CY2019Q1 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
6686000 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
CY2019 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
232000 USD
CY2017 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
65669000 USD
CY2018 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
23007000 USD
CY2018Q1 us-gaap Treasury Stock Shares
TreasuryStockShares
18705000 shares
CY2019Q1 us-gaap Treasury Stock Shares
TreasuryStockShares
22421000 shares
CY2018Q1 us-gaap Treasury Stock Value
TreasuryStockValue
458180000 USD
CY2019Q1 us-gaap Treasury Stock Value
TreasuryStockValue
820572000 USD
CY2018 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
154792000 USD
CY2019 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
362392000 USD
CY2017 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
1275000 USD
CY2018 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
159000 USD
CY2019 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
0 USD
CY2017 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Diluted
UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
-1246000 USD
CY2018 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Diluted
UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
-155000 USD
CY2019 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Diluted
UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
0 USD
CY2018Q1 us-gaap Undistributed Earnings Of Foreign Subsidiaries
UndistributedEarningsOfForeignSubsidiaries
314800000 USD
CY2019Q1 us-gaap Undistributed Earnings Of Foreign Subsidiaries
UndistributedEarningsOfForeignSubsidiaries
410095000 USD
CY2019Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
139006000 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
CY2019 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
107132000 USD
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
CY2019 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
2022000 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
CY2019 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
115198000 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
CY2019 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
113176000 shares
CY2019 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;text-indent:48px;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;text-indent:48px;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>
CY2019 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;text-indent:48px;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>
CY2019 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;text-indent:48px;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 revenue recognition (see Note 2 - Revenue from Contracts with Customers), the recoverability and amortization of software development costs and prepaid royalties, licenses, and intangible assets, the realization of deferred income taxes, 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. We consider 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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