2017 Q1 Form 10-Q Financial Statement
#000088323717000051 Filed on May 08, 2017
Income Statement
Concept | 2017 Q1 | 2016 Q1 |
---|---|---|
Revenue | $79.78M | $80.30M |
YoY Change | -0.65% | -22.67% |
Cost Of Revenue | ||
YoY Change | ||
Gross Profit | ||
YoY Change | ||
Gross Profit Margin | ||
Selling, General & Admin | ||
YoY Change | ||
% of Gross Profit | ||
Research & Development | ||
YoY Change | ||
% of Gross Profit | ||
Depreciation & Amortization | $960.0K | $1.573M |
YoY Change | -38.97% | -5.86% |
% of Gross Profit | ||
Operating Expenses | $69.73M | $67.55M |
YoY Change | 3.23% | -14.81% |
Operating Profit | $10.05M | $12.75M |
YoY Change | -21.2% | -48.05% |
Interest Expense | $2.744M | $132.0K |
YoY Change | 1978.79% | 7.32% |
% of Operating Profit | 27.31% | 1.04% |
Other Income/Expense, Net | $5.387M | $2.100M |
YoY Change | 156.52% | -41.18% |
Pretax Income | $18.18M | $19.43M |
YoY Change | -6.42% | -36.5% |
Income Tax | $4.433M | $7.556M |
% Of Pretax Income | 24.39% | 38.9% |
Net Earnings | $13.03M | $12.36M |
YoY Change | 5.37% | -37.32% |
Net Earnings / Revenue | 16.33% | 15.4% |
Basic Earnings Per Share | $1.67 | $1.48 |
Diluted Earnings Per Share | $1.62 | $1.45 |
COMMON SHARES | ||
Basic Shares Outstanding | 6.542M shares | 8.344M shares |
Diluted Shares Outstanding | 6.773M shares | 8.506M shares |
Balance Sheet
Concept | 2017 Q1 | 2016 Q1 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $323.5M | $138.8M |
YoY Change | 133.11% | -34.48% |
Cash & Equivalents | $252.9M | $59.25M |
Short-Term Investments | $70.60M | $79.51M |
Other Short-Term Assets | ||
YoY Change | ||
Inventory | ||
Prepaid Expenses | ||
Receivables | ||
Other Receivables | ||
Total Short-Term Assets | ||
YoY Change | ||
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $7.264M | $8.692M |
YoY Change | -16.43% | 1.33% |
Goodwill | $6.788M | $6.703M |
YoY Change | 1.27% | 27.43% |
Intangibles | $38.19M | $40.24M |
YoY Change | -5.08% | -1.73% |
Long-Term Investments | $10.15M | |
YoY Change | 40.92% | |
Other Assets | ||
YoY Change | ||
Total Long-Term Assets | ||
YoY Change | ||
TOTAL ASSETS | ||
Total Short-Term Assets | ||
Total Long-Term Assets | ||
Total Assets | $1.013B | $781.3M |
YoY Change | 29.71% | 14.83% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | ||
YoY Change | ||
Accrued Expenses | ||
YoY Change | ||
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | ||
YoY Change | ||
Long-Term Debt Due | ||
YoY Change | ||
Total Short-Term Liabilities | ||
YoY Change | ||
LONG-TERM LIABILITIES | ||
Long-Term Debt | ||
YoY Change | ||
Other Long-Term Liabilities | ||
YoY Change | ||
Total Long-Term Liabilities | ||
YoY Change | ||
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | ||
Total Long-Term Liabilities | ||
Total Liabilities | $416.1M | $235.5M |
YoY Change | 76.68% | 193.44% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | -$410.2M | -$460.3M |
YoY Change | -10.87% | -5.72% |
Common Stock | $1.196B | $1.139B |
YoY Change | 4.99% | -0.57% |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | $344.2M | $172.7M |
YoY Change | 99.33% | 88.33% |
Treasury Stock Shares | 3.230M shares | 1.390M shares |
Shareholders Equity | $552.4M | $505.6M |
YoY Change | ||
Total Liabilities & Shareholders Equity | $1.013B | $781.3M |
YoY Change | 29.71% | 14.83% |
Cashflow Statement
Concept | 2017 Q1 | 2016 Q1 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $13.03M | $12.36M |
YoY Change | 5.37% | -37.32% |
Depreciation, Depletion And Amortization | $960.0K | $1.573M |
YoY Change | -38.97% | -5.86% |
Cash From Operating Activities | -$15.18M | -$38.38M |
YoY Change | -60.44% | 54.41% |
INVESTING ACTIVITIES | ||
Capital Expenditures | $369.0K | $591.0K |
YoY Change | -37.56% | -57.7% |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | ||
YoY Change | ||
Cash From Investing Activities | $5.180M | -$1.307M |
YoY Change | -496.33% | -9.24% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | $3.911M | |
YoY Change | -5.28% | |
Common Stock Issuance & Retirement, Net | -$109.8M | $15.00M |
YoY Change | -831.75% | 7.14% |
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | $179.2M | $1.549M |
YoY Change | 11468.17% | -117.36% |
NET CHANGE | ||
Cash From Operating Activities | -$15.18M | -$38.38M |
Cash From Investing Activities | $5.180M | -$1.307M |
Cash From Financing Activities | $179.2M | $1.549M |
Net Change In Cash | $169.2M | -$38.13M |
YoY Change | -543.68% | 8.29% |
FREE CASH FLOW | ||
Cash From Operating Activities | -$15.18M | -$38.38M |
Capital Expenditures | $369.0K | $591.0K |
Free Cash Flow | -$15.55M | -$38.97M |
YoY Change | -60.09% | 48.45% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
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Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
|
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Accounts Receivable Net
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|
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CY2017Q1 | us-gaap |
Accounts Receivable Net
AccountsReceivableNet
|
37841000 | USD |
CY2016Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
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|
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Amendment Flag
AmendmentFlag
|
false | |
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Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
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Document Fiscal Period Focus
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|
Q1 | |
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Document Fiscal Year Focus
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|
2017 | |
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Document Period End Date
DocumentPeriodEndDate
|
2017-03-31 | |
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Document Type
DocumentType
|
10-Q | |
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Entity Central Index Key
EntityCentralIndexKey
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Entity Common Stock Shares Outstanding
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Entity Filer Category
EntityFilerCategory
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Entity Registrant Name
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Trading Symbol
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Accounts Payable And Accrued Liabilities Current And Noncurrent
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Accumulated Other Comprehensive Income Loss Net Of Tax
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|
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Additional Paid In Capital Common Stock
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Additional Paid In Capital Common Stock
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Adjustments Related To Tax Withholding For Share Based Compensation
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Adjustments Related To Tax Withholding For Share Based Compensation
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Adjustments To Additional Paid In Capital Income Tax Deficiency From Share Based Compensation
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Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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Amortization Of Intangible Assets
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Amortization Of Intangible Assets
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|
233000 | USD |
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Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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|
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Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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Assets
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|
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Assets
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Assets Fair Value Disclosure
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Assets Fair Value Disclosure
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Cash And Cash Equivalents At Carrying Value
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Cash And Cash Equivalents At Carrying Value
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Cash And Cash Equivalents Fair Value Disclosure
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Cash And Cash Equivalents Fair Value Disclosure
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Common Stock Dividends Per Share Declared
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Common Stock Par Or Stated Value Per Share
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Common Stock Par Or Stated Value Per Share
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Common Stock Shares Authorized
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Cash And Cash Equivalents Period Increase Decrease
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|
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Cash And Cash Equivalents Period Increase Decrease
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Commitments And Contingencies
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|
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Common Stock Dividends Per Share Declared
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Common Stock Dividends Per Share Declared
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|
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Comprehensive Income Net Of Tax
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Common Stock Shares Issued
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Common Stock Value
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Common Stock Value
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Comprehensive Income Net Of Tax
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Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
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Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
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Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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Deferred Income Tax Expense Benefit
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Depreciation
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Distribution And Servicing Fees
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Distribution And Servicing Fees
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Dividends
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|
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|
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Earnings Per Share Basic
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|
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Earnings Per Share Basic
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|
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Earnings Per Share Diluted
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|
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Earnings Per Share Diluted
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|
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|
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|
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Excess Tax Benefit From Share Based Compensation Financing Activities
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Excess Tax Benefit From Share Based Compensation Financing Activities
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|
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Excess Tax Benefit From Share Based Compensation Operating Activities
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Excess Tax Benefit From Share Based Compensation Operating Activities
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|
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Expense Related To Distribution Or Servicing And Underwriting Fees
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|
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Expense Related To Distribution Or Servicing And Underwriting Fees
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|
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Fair Value Assets Level1 To Level2 Transfers Amount
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|
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Fair Value Assets Level1 To Level2 Transfers Amount
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|
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Fees And Commissions Transfer Agent
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Fees And Commissions Transfer Agent
FeesAndCommissionsTransferAgent
|
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Finite Lived Intangible Assets Accumulated Amortization
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|
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Finite Lived Intangible Assets Accumulated Amortization
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|
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Finite Lived Intangible Assets Gross
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Finite Lived Intangible Assets Gross
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Finite Lived Intangible Assets Net
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|
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Finite Lived Intangible Assets Net
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|
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Income Tax Expense Benefit
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|
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|
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Goodwill
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|
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Goodwill
Goodwill
|
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|
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CY2017Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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|
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Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
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CY2017Q1 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
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Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
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Incremental Common Shares Attributable To Share Based Payment Arrangements
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|
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CY2017Q1 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
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Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
|
34816000 | USD |
CY2017Q1 | us-gaap |
Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
|
34816000 | USD |
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Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
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CY2016Q1 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
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CY2016Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
38427000 | USD |
CY2017Q1 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
38194000 | USD |
CY2016Q1 | us-gaap |
Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
|
4576000 | USD |
CY2017Q1 | us-gaap |
Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
|
2744000 | USD |
CY2016Q1 | us-gaap |
Investment Advisory Fees
InvestmentAdvisoryFees
|
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CY2017Q1 | us-gaap |
Investment Advisory Fees
InvestmentAdvisoryFees
|
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CY2016Q1 | us-gaap |
Investment Income Interest And Dividend
InvestmentIncomeInterestAndDividend
|
273000 | USD |
CY2017Q1 | us-gaap |
Investment Income Interest And Dividend
InvestmentIncomeInterestAndDividend
|
188000 | USD |
CY2016Q1 | us-gaap |
Labor And Related Expense
LaborAndRelatedExpense
|
35977000 | USD |
CY2017Q1 | us-gaap |
Labor And Related Expense
LaborAndRelatedExpense
|
39641000 | USD |
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Liabilities
Liabilities
|
465449000 | USD |
CY2017Q1 | us-gaap |
Liabilities
Liabilities
|
416059000 | USD |
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Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
824388000 | USD |
CY2017Q1 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
1013423000 | USD |
CY2016Q4 | us-gaap |
Marketable Securities
MarketableSecurities
|
74907000 | USD |
CY2017Q1 | us-gaap |
Marketable Securities
MarketableSecurities
|
70595000 | USD |
CY2016Q1 | us-gaap |
Minority Interest Change In Redemption Value
MinorityInterestChangeInRedemptionValue
|
-52874000 | USD |
CY2017Q1 | us-gaap |
Minority Interest Change In Redemption Value
MinorityInterestChangeInRedemptionValue
|
13083000 | USD |
CY2016Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
1549000 | USD |
CY2017Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
179191000 | USD |
CY2016Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-1307000 | USD |
CY2017Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
5180000 | USD |
CY2016Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-38375000 | USD |
CY2017Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-15305000 | USD |
CY2016Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
12363000 | USD |
CY2017Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
13027000 | USD |
CY2016Q1 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-493000 | USD |
CY2017Q1 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
718000 | USD |
CY2016Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
12363000 | USD |
CY2017Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
10943000 | USD |
CY2016Q1 | us-gaap |
Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest
|
12363000 | USD |
CY2017Q1 | us-gaap |
Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest
|
13027000 | USD |
CY2016Q1 | us-gaap |
Net Realized Or Unrealized Gain Loss On Trading Securities
NetRealizedOrUnrealizedGainLossOnTradingSecurities
|
-658000 | USD |
CY2017Q1 | us-gaap |
Net Realized Or Unrealized Gain Loss On Trading Securities
NetRealizedOrUnrealizedGainLossOnTradingSecurities
|
297000 | USD |
CY2017Q1 | us-gaap |
New Accounting Pronouncement Or Change In Accounting Principle Effect Of Adoption Quantification
NewAccountingPronouncementOrChangeInAccountingPrincipleEffectOfAdoptionQuantification
|
1052000 | USD |
CY2016Q1 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
2100000 | USD |
CY2017Q1 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
5387000 | USD |
CY2016Q1 | us-gaap |
Operating Expenses
OperatingExpenses
|
67545000 | USD |
CY2017Q1 | us-gaap |
Operating Expenses
OperatingExpenses
|
69729000 | USD |
CY2016Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
12750000 | USD |
CY2017Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
10047000 | USD |
CY2016 | us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
200000 | USD |
CY2016Q1 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
99000 | USD |
CY2017Q1 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
0 | USD |
CY2016Q1 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
|
61000 | USD |
CY2017Q1 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
|
USD | |
CY2016Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
259000 | USD |
CY2017Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
88000 | USD |
CY2016Q1 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
160000 | USD |
CY2017Q1 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
88000 | USD |
CY2016Q1 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
|
97000 | USD |
CY2017Q1 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
|
54000 | USD |
CY2016Q1 | us-gaap |
Other Cost And Expense Operating
OtherCostAndExpenseOperating
|
10765000 | USD |
CY2017Q1 | us-gaap |
Other Cost And Expense Operating
OtherCostAndExpenseOperating
|
13226000 | USD |
CY2016Q4 | us-gaap |
Other Liabilities
OtherLiabilities
|
13505000 | USD |
CY2017Q1 | us-gaap |
Other Liabilities
OtherLiabilities
|
13702000 | USD |
CY2016Q1 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
228000 | USD |
CY2017Q1 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
646000 | USD |
CY2016Q1 | us-gaap |
Payments For Commissions
PaymentsForCommissions
|
500000 | USD |
CY2017Q1 | us-gaap |
Payments For Commissions
PaymentsForCommissions
|
671000 | USD |
CY2016Q1 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
15000000 | USD |
CY2017Q1 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
0 | USD |
CY2016Q1 | us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
3911000 | USD |
CY2017Q1 | us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
2894000 | USD |
CY2016Q1 | us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
0 | USD |
CY2017Q1 | us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
61000 | USD |
CY2016Q1 | us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
1001000 | USD |
CY2017Q1 | us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
2464000 | USD |
CY2016Q1 | us-gaap |
Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
|
60000 | USD |
CY2017Q1 | us-gaap |
Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
|
66000 | USD |
CY2016Q1 | us-gaap |
Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
|
759000 | USD |
CY2017Q1 | us-gaap |
Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
|
0 | USD |
CY2016Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
591000 | USD |
CY2017Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
369000 | USD |
CY2016Q1 | us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
0 | USD |
CY2017Q1 | us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
2084000 | USD |
CY2017Q1 | us-gaap |
Preferred Stock Dividends Per Share Declared
PreferredStockDividendsPerShareDeclared
|
1.8125 | |
CY2016Q1 | us-gaap |
Preferred Stock Dividends Per Share Declared
PreferredStockDividendsPerShareDeclared
|
0 | |
CY2017Q1 | us-gaap |
Preferred Stock Dividends Per Share Declared
PreferredStockDividendsPerShareDeclared
|
1.8125 | |
CY2016Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
CY2017Q1 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
110837000 | USD |
CY2016Q1 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
0 | USD |
CY2017Q1 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
109762000 | USD |
CY2016Q1 | us-gaap |
Proceeds From Issuance Of Convertible Preferred Stock
ProceedsFromIssuanceOfConvertiblePreferredStock
|
0 | USD |
CY2017Q1 | us-gaap |
Proceeds From Issuance Of Convertible Preferred Stock
ProceedsFromIssuanceOfConvertiblePreferredStock
|
111280000 | USD |
CY2017Q1 | us-gaap |
Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
|
220100000 | USD |
CY2016Q1 | us-gaap |
Proceeds From Payments For Trading Securities
ProceedsFromPaymentsForTradingSecurities
|
11197000 | USD |
CY2017Q1 | us-gaap |
Proceeds From Payments For Trading Securities
ProceedsFromPaymentsForTradingSecurities
|
2396000 | USD |
CY2016Q1 | us-gaap |
Proceeds From Payments To Minority Shareholders
ProceedsFromPaymentsToMinorityShareholders
|
19928000 | USD |
CY2017Q1 | us-gaap |
Proceeds From Payments To Minority Shareholders
ProceedsFromPaymentsToMinorityShareholders
|
-6091000 | USD |
CY2016Q1 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
375000 | USD |
CY2017Q1 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
86000 | USD |
CY2016Q1 | us-gaap |
Profit Loss
ProfitLoss
|
11870000 | USD |
CY2017Q1 | us-gaap |
Profit Loss
ProfitLoss
|
13745000 | USD |
CY2016Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
7728000 | USD |
CY2017Q1 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
7264000 | USD |
CY2016Q1 | us-gaap |
Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
|
0 | USD |
CY2017Q1 | us-gaap |
Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
|
30000000 | USD |
CY2016Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-424279000 | USD |
CY2017Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-410200000 | USD |
CY2016Q1 | us-gaap |
Revenue Other Financial Services
RevenueOtherFinancialServices
|
175000 | USD |
CY2017Q1 | us-gaap |
Revenue Other Financial Services
RevenueOtherFinancialServices
|
741000 | USD |
CY2016Q1 | us-gaap |
Revenues
Revenues
|
80295000 | USD |
CY2017Q1 | us-gaap |
Revenues
Revenues
|
79776000 | USD |
CY2016Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
3270000 | USD |
CY2017Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
3491000 | USD |
CY2017Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
|
2400000 | shares |
CY2017Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
|
616820 | shares |
CY2017Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
|
0.00 | |
CY2017Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
|
0 | shares |
CY2017Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
0 | shares |
CY2016Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
137157 | shares |
CY2017Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
111008 | shares |
CY2017Q1 | us-gaap |
Stock Repurchase Program Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased
|
3430045 | shares |
CY2017Q1 | us-gaap |
Stock Repurchase Program Remaining Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramRemainingNumberOfSharesAuthorizedToBeRepurchased
|
200000 | shares |
CY2016Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
17.77 | |
CY2017Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
16.48 | |
CY2017Q1 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
23.25 | |
CY2017Q1 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
0.00 | |
CY2017Q1 | us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
26149 | shares |
CY2017Q1 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
109320000 | USD |
CY2016Q1 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
375000 | USD |
CY2017Q1 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
86000 | USD |
CY2016Q1 | us-gaap |
Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
|
15000000 | USD |
CY2016Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
321673000 | USD |
CY2017Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
552388000 | USD |
CY2015Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
509457000 | USD |
CY2016Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
505386000 | USD |
CY2016Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
321673000 | USD |
CY2017Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
552388000 | USD |
CY2015Q4 | us-gaap |
Temporary Equity Carrying Amount Including Portion Attributable To Noncontrolling Interests
TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests
|
73864000 | USD |
CY2016Q1 | us-gaap |
Temporary Equity Carrying Amount Including Portion Attributable To Noncontrolling Interests
TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests
|
40425000 | USD |
CY2016Q4 | us-gaap |
Temporary Equity Carrying Amount Including Portion Attributable To Noncontrolling Interests
TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests
|
37266000 | USD |
CY2017Q1 | us-gaap |
Temporary Equity Carrying Amount Including Portion Attributable To Noncontrolling Interests
TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests
|
44976000 | USD |
CY2016Q1 | us-gaap |
Temporary Equity Net Income
TemporaryEquityNetIncome
|
-493000 | USD |
CY2017Q1 | us-gaap |
Temporary Equity Net Income
TemporaryEquityNetIncome
|
718000 | USD |
CY2016Q1 | us-gaap |
Temporary Equity Other Changes
TemporaryEquityOtherChanges
|
-32946000 | USD |
CY2017Q1 | us-gaap |
Temporary Equity Other Changes
TemporaryEquityOtherChanges
|
6992000 | USD |
CY2016Q1 | us-gaap |
Trading Securities Realized Gain Loss
TradingSecuritiesRealizedGainLoss
|
-400000 | USD |
CY2017Q1 | us-gaap |
Trading Securities Realized Gain Loss
TradingSecuritiesRealizedGainLoss
|
600000 | USD |
CY2016Q4 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
3230045 | shares |
CY2017Q1 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
3230045 | shares |
CY2016Q4 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
344246000 | USD |
CY2017Q1 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
344246000 | USD |
CY2016Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
8506000 | shares |
CY2017Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
6773000 | shares |
CY2016Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
8344000 | shares |
CY2017Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
6542000 | shares |
CY2016Q1 | vrts |
Amortization Of Intangible Assets And Contingent Amortization
AmortizationOfIntangibleAssetsAndContingentAmortization
|
651000 | USD |
CY2017Q1 | vrts |
Amortization Of Intangible Assets And Contingent Amortization
AmortizationOfIntangibleAssetsAndContingentAmortization
|
233000 | USD |
CY2016Q1 | vrts |
Change In Accruals Or Liabilities For Capital Expenditures
ChangeInAccrualsOrLiabilitiesForCapitalExpenditures
|
-153000 | USD |
CY2017Q1 | vrts |
Change In Accruals Or Liabilities For Capital Expenditures
ChangeInAccrualsOrLiabilitiesForCapitalExpenditures
|
-166000 | USD |
CY2016Q1 | vrts |
Common Stock Dividends Accrued But Not Yet Paid
CommonStockDividendsAccruedButNotYetPaid
|
4173000 | USD |
CY2017Q1 | vrts |
Common Stock Dividends Accrued But Not Yet Paid
CommonStockDividendsAccruedButNotYetPaid
|
3145000 | USD |
CY2016Q4 | vrts |
Marketable Securities Accumulated Unrealized Gain
MarketableSecuritiesAccumulatedUnrealizedGain
|
1252000 | USD |
CY2017Q1 | vrts |
Marketable Securities Accumulated Unrealized Gain
MarketableSecuritiesAccumulatedUnrealizedGain
|
1685000 | USD |
CY2016Q4 | vrts |
Marketable Securities Accumulated Unrealized Loss
MarketableSecuritiesAccumulatedUnrealizedLoss
|
2207000 | USD |
CY2017Q1 | vrts |
Marketable Securities Accumulated Unrealized Loss
MarketableSecuritiesAccumulatedUnrealizedLoss
|
2432000 | USD |
CY2016Q4 | vrts |
Marketable Securities Cost
MarketableSecuritiesCost
|
75862000 | USD |
CY2017Q1 | vrts |
Marketable Securities Cost
MarketableSecuritiesCost
|
71342000 | USD |
CY2016Q1 | vrts |
Preferred Stock Dividends Accrued But Not Yet Paid
PreferredStockDividendsAccruedButNotYetPaid
|
0 | USD |
CY2017Q1 | vrts |
Preferred Stock Dividends Accrued But Not Yet Paid
PreferredStockDividendsAccruedButNotYetPaid
|
2084000 | USD |
CY2016Q1 | vrts |
Stock Issuance Costs Accrued But Not Yet Paid
StockIssuanceCostsAccruedButNotYetPaid
|
0 | USD |
CY2017Q1 | vrts |
Stock Issuance Costs Accrued But Not Yet Paid
StockIssuanceCostsAccruedButNotYetPaid
|
886000 | USD |
CY2017Q1 | us-gaap |
Nature Of Operations
NatureOfOperations
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Organization and Business</font></div><div style="line-height:120%;padding-top:8px;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Virtus Investment Partners, Inc. (the “Company,” “we,” “us,” “our” or “Virtus”), a Delaware corporation, operates in the investment management industry through its subsidiaries.</font></div><div style="line-height:120%;padding-top:8px;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company provides investment management and related services to individuals and institutions throughout the United States of America. The Company’s retail investment management services are provided to individuals through products consisting of open-end mutual funds, closed-end funds, exchange traded funds (“ETFs”), Undertaking for Collective Investment in Transferable Securities (“UCITS”) and separately managed accounts. Institutional investment management services are provided to corporations, multiemployer retirement funds, employee retirement systems, foundations, endowments, structured products and as a subadviser to unaffiliated mutual funds.</font></div></div> | |
CY2017Q1 | us-gaap |
Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company has reclassified certain amounts in prior-period financial statements to conform to the current period's presentation. The Company has reclassified its prior net presentation of purchases and sales of investments by its consolidated sponsored investments products and its consolidated investment product in the Condensed Consolidated Statement of Cash Flows for the three months ended March 31, 2016 to conform with the current year presentation of showing such purchases and sales as separate line items within the cash flows from operating activities. The reclassification had no impact on the net cash provided by or used in operating, investing or financing activities within the Condensed Consolidated Statement of Cash Flows, or any impact on the other Condensed Consolidated Financial Statements. </font></div></div> |