2017 Q2 Form 10-Q Financial Statement

#000010198417000033 Filed on August 08, 2017

View on sec.gov

Income Statement

Concept 2017 Q2 2016 Q2
Revenue $177.6M $171.0M
YoY Change 3.86% 15.88%
Cost Of Revenue $133.8M $127.5M
YoY Change 4.94% 18.89%
Gross Profit $43.75M $43.46M
YoY Change 0.68% 7.88%
Gross Profit Margin 24.64% 25.41%
Selling, General & Admin $31.05M $30.25M
YoY Change 2.65% 17.33%
% of Gross Profit 70.98% 69.62%
Research & Development $4.946M $5.151M
YoY Change -3.98% 25.76%
% of Gross Profit 11.3% 11.85%
Depreciation & Amortization $8.300M $6.100M
YoY Change 36.07% 28.69%
% of Gross Profit 18.97% 14.04%
Operating Expenses $36.00M $35.40M
YoY Change 1.68% 18.48%
Operating Profit $7.303M $7.969M
YoY Change -8.36% -23.38%
Interest Expense -$562.0K -$258.0K
YoY Change 117.83% -348.08%
% of Operating Profit -7.7% -3.24%
Other Income/Expense, Net -$642.0K $671.0K
YoY Change -195.68% 1098.21%
Pretax Income $6.099M $8.382M
YoY Change -27.24% -20.63%
Income Tax $1.415M $1.800M
% Of Pretax Income 23.2% 21.47%
Net Earnings $4.684M $6.590M
YoY Change -28.92% -21.31%
Net Earnings / Revenue 2.64% 3.85%
Basic Earnings Per Share $0.33 $0.46
Diluted Earnings Per Share $0.32 $0.45
COMMON SHARES
Basic Shares Outstanding 14.40M shares 14.44M shares
Diluted Shares Outstanding 14.68M shares 14.74M shares

Balance Sheet

Concept 2017 Q2 2016 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $49.70M $49.40M
YoY Change 0.61% -39.9%
Cash & Equivalents $49.70M $49.45M
Short-Term Investments
Other Short-Term Assets $7.600M $18.50M
YoY Change -58.92% 52.89%
Inventory $143.4M $119.1M
Prepaid Expenses
Receivables $139.4M $128.4M
Other Receivables $8.323M $3.767M
Total Short-Term Assets $352.6M $319.4M
YoY Change 10.38% 4.02%
LONG-TERM ASSETS
Property, Plant & Equipment $112.3M $98.13M
YoY Change 14.42% 16.77%
Goodwill $48.37M $43.13M
YoY Change 12.15% 40.98%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $4.997M $5.170M
YoY Change -3.35% -9.39%
Total Long-Term Assets $220.3M $187.3M
YoY Change 17.62% 24.14%
TOTAL ASSETS
Total Short-Term Assets $352.6M $319.4M
Total Long-Term Assets $220.3M $187.3M
Total Assets $572.8M $506.7M
YoY Change 13.05% 10.65%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $110.1M $99.03M
YoY Change 11.13% 26.93%
Accrued Expenses $59.50M $65.10M
YoY Change -8.6% 12.05%
Deferred Revenue
YoY Change
Short-Term Debt $92.00M $43.00M
YoY Change 113.95% 258.33%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $264.7M $208.8M
YoY Change 26.76% 40.94%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities $6.299M $1.847M
YoY Change 241.04% -9.06%
Total Long-Term Liabilities $6.299M $1.847M
YoY Change 241.04% -9.06%
TOTAL LIABILITIES
Total Short-Term Liabilities $264.7M $208.8M
Total Long-Term Liabilities $6.299M $1.847M
Total Liabilities $290.6M $231.9M
YoY Change 25.32% 45.61%
SHAREHOLDERS EQUITY
Retained Earnings $281.9M $264.6M
YoY Change 6.56% 10.4%
Common Stock $259.0M $239.6M
YoY Change 8.08% 8.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $237.9M $212.3M
YoY Change 12.05% 36.75%
Treasury Stock Shares 9.262M shares 8.861M shares
Shareholders Equity $282.2M $274.8M
YoY Change
Total Liabilities & Shareholders Equity $572.8M $506.7M
YoY Change 13.05% 10.65%

Cashflow Statement

Concept 2017 Q2 2016 Q2
OPERATING ACTIVITIES
Net Income $4.684M $6.590M
YoY Change -28.92% -21.31%
Depreciation, Depletion And Amortization $8.300M $6.100M
YoY Change 36.07% 28.69%
Cash From Operating Activities $7.680M $20.11M
YoY Change -61.81% 73.51%
INVESTING ACTIVITIES
Capital Expenditures -$11.41M -$10.94M
YoY Change 4.3% 21.29%
Acquisitions
YoY Change
Other Investing Activities -$8.850M $50.00K
YoY Change -17800.0%
Cash From Investing Activities -$20.27M -$10.89M
YoY Change 86.13% 20.73%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 1.110M -14.24M
YoY Change -107.79% -18.58%
NET CHANGE
Cash From Operating Activities 7.680M 20.11M
Cash From Investing Activities -20.27M -10.89M
Cash From Financing Activities 1.110M -14.24M
Net Change In Cash -11.48M -5.020M
YoY Change 128.69% -66.35%
FREE CASH FLOW
Cash From Operating Activities $7.680M $20.11M
Capital Expenditures -$11.41M -$10.94M
Free Cash Flow $19.09M $31.05M
YoY Change -38.52% 50.66%

Facts In Submission

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CY2017Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
2575000 USD
CY2017Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
5980000 USD
CY2017Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
7067000 USD
CY2017Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
7152000 USD
CY2016Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
55170000 USD
CY2017Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
61052000 USD
CY2016Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
28549000 USD
CY2017Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
31619000 USD
CY2016Q2 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
1105000 USD
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
2016000 USD
CY2017Q2 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
1006000 USD
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
1336000 USD
CY2016Q2 us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
-477000 USD
CY2016Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
7969000 USD
CY2017Q2 us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
-1598000 USD
us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
-1364000 USD
CY2016Q4 us-gaap Goodwill
Goodwill
43052000 USD
CY2017Q2 us-gaap Goodwill
Goodwill
48372000 USD
us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
5294000 USD
us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
26000 USD
CY2016Q2 us-gaap Gross Profit
GrossProfit
43456000 USD
us-gaap Gross Profit
GrossProfit
81103000 USD
CY2017Q2 us-gaap Gross Profit
GrossProfit
43751000 USD
us-gaap Gross Profit
GrossProfit
84785000 USD
CY2016Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
8382000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
11876000 USD
CY2017Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
6099000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
5924000 USD
CY2016Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1784000 USD
CY2016Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1800000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2500000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2535000 USD
CY2017Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1400000 USD
CY2017Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1415000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1121000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1100000 USD
us-gaap Income Taxes Paid
IncomeTaxesPaid
4647000 USD
us-gaap Income Taxes Paid
IncomeTaxesPaid
4142000 USD
CY2016Q4 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
1054000 USD
CY2017Q2 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
4133000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
4488000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-18934000 USD
us-gaap Net Income Loss
NetIncomeLoss
9311000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-27138000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
23251000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-249000 USD
CY2016Q2 us-gaap Net Income Loss
NetIncomeLoss
6590000 USD
CY2017Q2 us-gaap Net Income Loss
NetIncomeLoss
4684000 USD
us-gaap Net Income Loss
NetIncomeLoss
4803000 USD
CY2016Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
8000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
30000 USD
CY2017Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
0 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
0 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-15000 USD
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-3260000 USD
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-1691000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-982000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
11249000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
243000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
121000 USD
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
9599000 USD
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
20427000 USD
us-gaap Increase Decrease In Restricted Cash For Operating Activities
IncreaseDecreaseInRestrictedCashForOperatingActivities
0 USD
us-gaap Increase Decrease In Restricted Cash For Operating Activities
IncreaseDecreaseInRestrictedCashForOperatingActivities
-4623000 USD
CY2016Q2 us-gaap Interest Expense Short Term Borrowings
InterestExpenseShortTermBorrowings
300000 USD
us-gaap Interest Expense Short Term Borrowings
InterestExpenseShortTermBorrowings
600000 USD
CY2017Q2 us-gaap Interest Expense Short Term Borrowings
InterestExpenseShortTermBorrowings
600000 USD
us-gaap Interest Expense Short Term Borrowings
InterestExpenseShortTermBorrowings
1100000 USD
CY2016Q2 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-258000 USD
us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-525000 USD
CY2017Q2 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-562000 USD
us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-955000 USD
us-gaap Interest Paid Net
InterestPaidNet
609000 USD
us-gaap Interest Paid Net
InterestPaidNet
981000 USD
CY2016Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
80119000 USD
CY2017Q2 us-gaap Inventory Finished Goods
InventoryFinishedGoods
82121000 USD
CY2016Q4 us-gaap Inventory Net
InventoryNet
129879000 USD
CY2017Q2 us-gaap Inventory Net
InventoryNet
143417000 USD
CY2016Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
33059000 USD
CY2017Q2 us-gaap Inventory Raw Materials
InventoryRawMaterials
40035000 USD
CY2015Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
3045000 USD
CY2016Q2 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
3549000 USD
CY2016Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
4205000 USD
CY2017Q2 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
4207000 USD
CY2016Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
5860000 USD
CY2017Q2 us-gaap Inventory Work In Process
InventoryWorkInProcess
5227000 USD
us-gaap Inventory Write Down
InventoryWriteDown
1705000 USD
us-gaap Inventory Write Down
InventoryWriteDown
1419000 USD
CY2016Q4 us-gaap Liabilities
Liabilities
240526000 USD
CY2017Q2 us-gaap Liabilities
Liabilities
290646000 USD
CY2016Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
521036000 USD
CY2017Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
572826000 USD
CY2016Q4 us-gaap Liabilities Current
LiabilitiesCurrent
215867000 USD
CY2017Q2 us-gaap Liabilities Current
LiabilitiesCurrent
264687000 USD
CY2016Q4 us-gaap Lines Of Credit Current
LinesOfCreditCurrent
49987000 USD
CY2017Q2 us-gaap Lines Of Credit Current
LinesOfCreditCurrent
92000000 USD
CY2017Q2 us-gaap Lines Of Credit Current
LinesOfCreditCurrent
92000000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-5374000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
27970000 USD
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
993000 USD
CY2016Q4 us-gaap Noncurrent Assets
NoncurrentAssets
110247000 USD
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
765000 USD
CY2017Q2 us-gaap Noncurrent Assets
NoncurrentAssets
117273000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
11010000 USD
CY2017Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
7303000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
6938000 USD
CY2016Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
24410000 USD
CY2017Q2 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
20294000 USD
CY2016Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
4896000 USD
CY2017Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
4997000 USD
CY2016Q2 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-2686000 USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-1318000 USD
CY2017Q2 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
608000 USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
1991000 USD
CY2016Q4 us-gaap Other Employee Related Liabilities Current
OtherEmployeeRelatedLiabilitiesCurrent
1816000 USD
CY2017Q2 us-gaap Other Employee Related Liabilities Current
OtherEmployeeRelatedLiabilitiesCurrent
2148000 USD
CY2016Q4 us-gaap Other Inventory
OtherInventory
15046000 USD
CY2017Q2 us-gaap Other Inventory
OtherInventory
20241000 USD
CY2016Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
6308000 USD
CY2017Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
6299000 USD
CY2016Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
671000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
1391000 USD
CY2017Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-642000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-59000 USD
CY2016Q4 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
5070000 USD
CY2017Q2 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
8323000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
1944000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
14885000 USD
us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
0 USD
us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
8854000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
17989000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
17519000 USD
CY2016Q4 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
CY2016Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000 shares
CY2017Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000 shares
CY2016Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2017Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2016Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2017Q2 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2016Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2017Q2 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2016Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
7439000 USD
CY2017Q2 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
7593000 USD
us-gaap Proceeds From Divestiture Of Interest In Consolidated Subsidiaries
ProceedsFromDivestitureOfInterestInConsolidatedSubsidiaries
48000 USD
us-gaap Proceeds From Divestiture Of Interest In Consolidated Subsidiaries
ProceedsFromDivestitureOfInterestInConsolidatedSubsidiaries
0 USD
us-gaap Proceeds From Short Term Debt
ProceedsFromShortTermDebt
57987000 USD
us-gaap Proceeds From Short Term Debt
ProceedsFromShortTermDebt
85000000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
2536000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
842000 USD
CY2015Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
35000 USD
CY2016Q2 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
35000 USD
CY2016Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
134000 USD
CY2017Q2 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
298000 USD
us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
0 USD
us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
3000 USD
us-gaap Product Warranty Accrual Preexisting Increase Decrease
ProductWarrantyAccrualPreexistingIncreaseDecrease
0 USD
us-gaap Product Warranty Accrual Preexisting Increase Decrease
ProductWarrantyAccrualPreexistingIncreaseDecrease
167000 USD
CY2016Q2 us-gaap Profit Loss
ProfitLoss
6598000 USD
us-gaap Profit Loss
ProfitLoss
9341000 USD
CY2017Q2 us-gaap Profit Loss
ProfitLoss
4684000 USD
us-gaap Profit Loss
ProfitLoss
4803000 USD
CY2016Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
105351000 USD
CY2017Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
112276000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
116000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
81000 USD
CY2016Q4 us-gaap Receivables Net Current
ReceivablesNetCurrent
124592000 USD
CY2017Q2 us-gaap Receivables Net Current
ReceivablesNetCurrent
147738000 USD
us-gaap Repayments Of Short Term Debt
RepaymentsOfShortTermDebt
65000000 USD
us-gaap Repayments Of Short Term Debt
RepaymentsOfShortTermDebt
42987000 USD
CY2016Q2 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
5151000 USD
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
10337000 USD
CY2017Q2 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
4946000 USD
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
10444000 USD
CY2016Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
4623000 USD
CY2017Q2 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
0 USD
CY2016Q4 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
4600000 USD
CY2017Q2 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
4716000 USD
CY2016Q2 us-gaap Restructuring Charges
RestructuringCharges
84000 USD
us-gaap Restructuring Charges
RestructuringCharges
1517000 USD
CY2017Q2 us-gaap Restructuring Charges
RestructuringCharges
449000 USD
us-gaap Restructuring Charges
RestructuringCharges
5699000 USD
CY2016Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
275594000 USD
CY2017Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
281906000 USD
CY2016Q4 us-gaap Sales And Excise Tax Payable Current
SalesAndExciseTaxPayableCurrent
2715000 USD
CY2017Q2 us-gaap Sales And Excise Tax Payable Current
SalesAndExciseTaxPayableCurrent
2914000 USD
CY2016Q2 us-gaap Sales Revenue Net
SalesRevenueNet
170986000 USD
us-gaap Sales Revenue Net
SalesRevenueNet
321644000 USD
CY2017Q2 us-gaap Sales Revenue Net
SalesRevenueNet
177580000 USD
us-gaap Sales Revenue Net
SalesRevenueNet
338986000 USD
CY2016Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
30252000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
58239000 USD
CY2017Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
31053000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
61704000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
4970000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
5555000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
4000 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
60.64
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
99000 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
63.40
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
153000 shares
CY2017Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
205000 shares
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
57.43
CY2017Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
59.78
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
43000 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
59.64
CY2016Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.0000
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.4138
CY2017Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.0000
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.3425
CY2016Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0000
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0136
CY2017Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0000
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0175
CY2017Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
424000 shares
CY2017Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
35.97
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
1555000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
18000 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
92000 shares
CY2016Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
0.00
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
17.96
CY2017Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
0.00
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
19.61
CY2017Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
16207000 USD
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
652000 shares
CY2017Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
691000 shares
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
39.27
CY2017Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
43.41
CY2017Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableNumber
691000 shares
CY2017Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
16204000 USD
CY2017Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
43.41
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
24.41
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
28.08
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
62.70
CY2016Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P0Y
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P4Y6M18D
CY2017Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P0Y
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P4Y6M7D
CY2017Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
13092000 USD
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P4Y3M
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P4Y10M17D
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P4Y10M17D
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
35000 shares
CY2017Q2 us-gaap Stock Repurchase Program Remaining Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramRemainingNumberOfSharesAuthorizedToBeRepurchased
148853 shares
CY2016Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
280510000 USD
CY2017Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
282180000 USD
CY2016Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
9022587 shares
CY2017Q2 us-gaap Treasury Stock Shares
TreasuryStockShares
9262057 shares
us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
36000 shares
us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
239000 shares
CY2016Q4 us-gaap Treasury Stock Value
TreasuryStockValue
222980000 USD
CY2017Q2 us-gaap Treasury Stock Value
TreasuryStockValue
237865000 USD
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
1944000 USD
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
14885000 USD
CY2017Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
3800000 USD
CY2016Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
300000 USD
CY2017Q2 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
300000 USD
CY2017Q2 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
3500000 USD
CY2016Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
295000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
280000 shares
CY2017Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
279000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
273000 shares
CY2016Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
14735000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
14686000 shares
CY2017Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
14683000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
14700000 shares
CY2016Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
14440000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
14406000 shares
CY2017Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
14404000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
14427000 shares
us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:5px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of financial statements in conformity with U.S. GAAP requires us to make estimates, judgments and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. On an on-going basis, we evaluate our estimates and assumptions, including those related to revenue recognition, allowances for sales returns and doubtful accounts, inventory valuation, our review for impairment of long-lived assets, intangible assets and goodwill, business combinations, income taxes, stock-based compensation expense and performance-based common stock warrants. Actual results may differ from these estimates and assumptions, and they may be adjusted as more information becomes available. Any adjustment may be material.</font></div></div>

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