2015 Q4 Form 10-K Financial Statement

#000087532017000017 Filed on February 23, 2017

View on sec.gov

Income Statement

Concept 2015 Q4 2015 Q3 2015 Q2
Revenue $417.9M $309.8M $166.1M
YoY Change 189.12% 73.09% 19.98%
Cost Of Revenue $62.09M $30.27M $15.41M
YoY Change 449.97% 196.52% 59.6%
Gross Profit $355.8M $279.5M $150.7M
YoY Change 167.02% 65.63% 17.01%
Gross Profit Margin 85.14% 90.23% 90.72%
Selling, General & Admin $96.55M $99.77M $94.39M
YoY Change 22.95% 32.63% 21.88%
% of Gross Profit 27.13% 35.69% 62.65%
Research & Development $310.2M $246.3M $223.9M
YoY Change 53.96% 28.99% -0.28%
% of Gross Profit 87.17% 88.1% 148.58%
Depreciation & Amortization $15.70M $16.20M $14.00M
YoY Change -4.27% -4.14% -1.41%
% of Gross Profit 4.41% 5.8% 9.29%
Operating Expenses $406.7M $346.1M $318.3M
YoY Change 45.27% 30.02% 5.4%
Operating Profit -$53.70M -$70.03M -$171.2M
YoY Change -65.04% -50.76% -5.19%
Interest Expense -$20.65M -$21.13M -$21.11M
YoY Change -2.47% 3.68% 35.46%
% of Operating Profit
Other Income/Expense, Net -$1.690M -$1.326M $1.414M
YoY Change -55.43% -66.77% -96.25%
Pretax Income -$76.05M -$92.49M -$190.9M
YoY Change -57.42% -44.48% 20.5%
Income Tax -$1.379M $1.330M $30.13M
% Of Pretax Income
Net Earnings -$73.73M -$95.15M -$188.8M
YoY Change -58.26% -44.05% 18.49%
Net Earnings / Revenue -17.64% -30.71% -113.71%
Basic Earnings Per Share -$0.39 -$0.78
Diluted Earnings Per Share -$303.3K -$0.39 -$0.78
COMMON SHARES
Basic Shares Outstanding 245.7M shares 242.0M shares 240.8M shares
Diluted Shares Outstanding 242.0M shares 240.8M shares

Balance Sheet

Concept 2015 Q4 2015 Q3 2015 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.042B $1.006B $1.016B
YoY Change -24.87% -31.94% -16.65%
Cash & Equivalents $714.8M $756.3M $870.5M
Short-Term Investments $328.0M $250.0M $146.0M
Other Short-Term Assets $12.84M $139.0M $141.0M
YoY Change 83.3% 239.02% 314.71%
Inventory $57.21M $49.20M $42.11M
Prepaid Expenses $22.06M
Receivables $173.8M $165.3M $94.52M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $1.407B $1.359B $1.295B
YoY Change -9.01% -17.61% -3.91%
LONG-TERM ASSETS
Property, Plant & Equipment $697.7M $706.7M $713.4M
YoY Change -2.53% -1.97% -2.28%
Goodwill $50.40M $50.38M $50.38M
YoY Change 26.27% 62.57% 62.57%
Intangibles
YoY Change
Long-Term Investments $0.00
YoY Change
Other Assets $6.912M $11.06M $9.136M
YoY Change 111.7% 176.59% -1.92%
Total Long-Term Assets $1.091B $1.075B $1.079B
YoY Change 38.48% 42.14% 40.1%
TOTAL ASSETS
Total Short-Term Assets $1.407B $1.359B $1.295B
Total Long-Term Assets $1.091B $1.075B $1.079B
Total Assets $2.499B $2.434B $2.374B
YoY Change 7.02% 1.16% 12.1%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $74.94M $78.90M $72.70M
YoY Change 5.26% 105.08% 31.32%
Accrued Expenses $305.8M $249.7M $206.0M
YoY Change 45.85% 2.22% -13.36%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $87.00M $14.00M $57.00M
YoY Change 171.88% -22.22% 185.0%
Total Short-Term Liabilities $506.2M $375.0M $373.8M
YoY Change 37.45% 0.75% 2.99%
LONG-TERM LIABILITIES
Long-Term Debt $739.0M $807.0M $768.0M
YoY Change -6.81% -0.37% 48.26%
Other Long-Term Liabilities $31.78M $34.99M $41.25M
YoY Change 46.4% 119.37% 163.32%
Total Long-Term Liabilities $31.78M $34.99M $41.25M
YoY Change 46.4% 119.37% 163.32%
TOTAL LIABILITIES
Total Short-Term Liabilities $506.2M $375.0M $373.8M
Total Long-Term Liabilities $31.78M $34.99M $41.25M
Total Liabilities $1.405B $1.357B $1.326B
YoY Change 13.44% 8.57% 40.22%
SHAREHOLDERS EQUITY
Retained Earnings -$5.262B -$5.188B -$5.093B
YoY Change 11.82% 14.56% 16.84%
Common Stock $6.200B $6.109B $5.990B
YoY Change 7.27% 7.48% 8.29%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $940.0M $922.1M $895.0M
YoY Change
Total Liabilities & Shareholders Equity $2.499B $2.434B $2.374B
YoY Change 7.02% 1.16% 12.1%

Cashflow Statement

Concept 2015 Q4 2015 Q3 2015 Q2
OPERATING ACTIVITIES
Net Income -$73.73M -$95.15M -$188.8M
YoY Change -58.26% -44.05% 18.49%
Depreciation, Depletion And Amortization $15.70M $16.20M $14.00M
YoY Change -4.27% -4.14% -1.41%
Cash From Operating Activities $29.20M -$62.10M -$110.3M
YoY Change -116.06% -29.11% -13.76%
INVESTING ACTIVITIES
Capital Expenditures -$12.50M -$8.800M -$13.40M
YoY Change -14.97% -5.38% 14.53%
Acquisitions
YoY Change
Other Investing Activities -$110.1M -$92.20M $291.9M
YoY Change 3236.36% -331.66% 187.3%
Cash From Investing Activities -$122.6M -$101.0M $278.5M
YoY Change 581.11% -431.15% 209.79%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 52.60M 49.70M 36.20M
YoY Change -51.34% -86.09% 8.38%
NET CHANGE
Cash From Operating Activities 29.20M -62.10M -110.3M
Cash From Investing Activities -122.6M -101.0M 278.5M
Cash From Financing Activities 52.60M 49.70M 36.20M
Net Change In Cash -40.80M -113.4M 204.4M
YoY Change -55.51% -137.77% -4543.48%
FREE CASH FLOW
Cash From Operating Activities $29.20M -$62.10M -$110.3M
Capital Expenditures -$12.50M -$8.800M -$13.40M
Free Cash Flow $41.70M -$53.30M -$96.90M
YoY Change -124.96% -31.93% -16.61%

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1232399000 USD
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22000 USD
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222000 USD
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0 USD
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5000 USD
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110439000 USD
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134063000 USD
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110439000 USD
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134063000 USD
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175424000 USD
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169089000 USD
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0 USD
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0 USD
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12000000 USD
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12800000 USD
CY2016 us-gaap Defined Contribution Plan Cost Recognized
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11800000 USD
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62300000 USD
CY2015 us-gaap Depreciation
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60000000 USD
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60800000 USD
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63257000 USD
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62343000 USD
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61398000 USD
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5766000 USD
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901000 USD
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21262000 USD
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2926000 USD
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1451000 USD
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1691000 USD
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1293000 USD
CY2015 us-gaap Direct Operating Cost Royalty Expense
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7361000 USD
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860000 USD
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1098000 USD
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855000 USD
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836000 USD
CY2016 us-gaap Direct Operating Cost Royalty Expense
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3649000 USD
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0 USD
CY2015 us-gaap Discontinued Operation Tax Effect Of Discontinued Operation
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0 USD
CY2016 us-gaap Discontinued Operation Tax Effect Of Discontinued Operation
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0 USD
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0.13
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-0.46
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-2176000 USD
CY2015 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents Continuing Operations
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-2834000 USD
CY2016 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents Continuing Operations
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-4666000 USD
CY2014 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.35
CY2015 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.35
CY2016 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.35
CY2015Q4 us-gaap Employee Related Liabilities Current
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87873000 USD
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86387000 USD
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1423000 USD
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4087000 USD
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3607000 USD
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255500000 USD
CY2015 us-gaap Employee Service Share Based Compensation Cash Received From Exercise Of Stock Options
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165600000 USD
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48500000 USD
CY2014 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
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2160000 USD
CY2015 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
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0 USD
CY2016 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
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0 USD
CY2014 us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
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2160000 USD
CY2015 us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
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0 USD
CY2016 us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
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0 USD
CY2015Q4 us-gaap Foreign Currency Cash Flow Hedge Derivative At Fair Value Net
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5161000 USD
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14407000 USD
CY2014 us-gaap Foreign Currency Transaction Gain Loss Before Tax
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-6400000 USD
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CY2016 us-gaap Foreign Currency Transaction Gain Loss Before Tax
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4000000 USD
CY2016Q4 us-gaap Future Minimum Sublease Rentals Sale Leaseback Transactions
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20923000 USD
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0 USD
CY2016Q4 us-gaap Future Minimum Sublease Rentals Sale Leaseback Transactions Within Five Years
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0 USD
CY2016Q4 us-gaap Future Minimum Sublease Rentals Sale Leaseback Transactions Within Four Years
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0 USD
CY2016Q4 us-gaap Future Minimum Sublease Rentals Sale Leaseback Transactions Within One Year
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15687000 USD
CY2016Q4 us-gaap Future Minimum Sublease Rentals Sale Leaseback Transactions Within Three Years
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0 USD
CY2016Q4 us-gaap Future Minimum Sublease Rentals Sale Leaseback Transactions Within Two Years
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5236000 USD
CY2015Q4 us-gaap Goodwill
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50400000 USD
CY2016Q4 us-gaap Goodwill
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50384000 USD
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0 USD
CY2015 us-gaap Impairment Of Investments
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0 USD
CY2016 us-gaap Impairment Of Investments
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0 USD
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CY2014 us-gaap Income Loss From Continuing Operations Attributable To Noncontrolling Entity
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28021000 USD
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CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
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CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
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80494000 USD
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20306000 USD
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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CY2014 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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CY2015 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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CY2016 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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-84031000 USD
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-3.14
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-2.31
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-0.46
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-2.31
CY2016 us-gaap Income Loss From Continuing Operations Per Diluted Share
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-0.46
CY2014 us-gaap Income Loss From Discontinued Operations Net Of Tax
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CY2015 us-gaap Income Loss From Discontinued Operations Net Of Tax
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0 USD
CY2016 us-gaap Income Loss From Discontinued Operations Net Of Tax
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0 USD
CY2015Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Noncontrolling Interest
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-98000 USD
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1333000 USD
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0 USD
CY2016 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
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0 USD
CY2014 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
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0.00
CY2015 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
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0.00
CY2016 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
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0.00
CY2014 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
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0.00
CY2015 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
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0.00
CY2016 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.00
CY2014 us-gaap Income Tax Expense Benefit
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6958000 USD
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299000 USD
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IncomeTaxExpenseBenefit
30131000 USD
CY2015Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1330000 USD
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IncomeTaxExpenseBenefit
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CY2015 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
30381000 USD
CY2016Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
5485000 USD
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IncomeTaxExpenseBenefit
18130000 USD
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503000 USD
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CY2016 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
16665000 USD
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14800000 USD
CY2014 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
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-1826000 USD
CY2015 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
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-1224000 USD
CY2016 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
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12836000 USD
CY2014 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
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39335000 USD
CY2015 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
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47402000 USD
CY2016 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
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21346000 USD
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-257206000 USD
CY2015 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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-195230000 USD
CY2016 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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-23578000 USD
CY2014 us-gaap Income Tax Reconciliation Nondeductible Expense
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18756000 USD
CY2015 us-gaap Income Tax Reconciliation Nondeductible Expense
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5817000 USD
CY2016 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
24749000 USD
CY2014 us-gaap Income Tax Reconciliation Other Adjustments
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-474000 USD
CY2015 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-657000 USD
CY2016 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
680000 USD
CY2014 us-gaap Income Tax Reconciliation State And Local Income Taxes
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1124000 USD
CY2015 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
3800000 USD
CY2016 us-gaap Income Tax Reconciliation State And Local Income Taxes
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3621000 USD
CY2014 us-gaap Income Tax Reconciliation Tax Credits
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33788000 USD
CY2015 us-gaap Income Tax Reconciliation Tax Credits
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55696000 USD
CY2016 us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
47773000 USD
CY2014 us-gaap Income Taxes Paid Net
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1210000 USD
CY2015 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
1806000 USD
CY2016 us-gaap Income Taxes Paid Net
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-2579000 USD
CY2015Q4 us-gaap Income Taxes Receivable
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14682000 USD
CY2016Q4 us-gaap Income Taxes Receivable
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3213000 USD
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25048000 USD
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-1709000 USD
CY2016 us-gaap Increase Decrease In Accounts Payable
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-11745000 USD
CY2014 us-gaap Increase Decrease In Accounts Receivable
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-7428000 USD
CY2015 us-gaap Increase Decrease In Accounts Receivable
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104847000 USD
CY2016 us-gaap Increase Decrease In Accounts Receivable
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33027000 USD
CY2014 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
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-63183000 USD
CY2015 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
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102746000 USD
CY2016 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
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88649000 USD
CY2014 us-gaap Increase Decrease In Deferred Revenue
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-25531000 USD
CY2015 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
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RestructuringCharges
1524000 USD
CY2015 us-gaap Restructuring Charges
RestructuringCharges
2206000 USD
CY2016Q1 us-gaap Restructuring Charges
RestructuringCharges
687000 USD
CY2016Q2 us-gaap Restructuring Charges
RestructuringCharges
343000 USD
CY2016Q3 us-gaap Restructuring Charges
RestructuringCharges
8000 USD
CY2016Q4 us-gaap Restructuring Charges
RestructuringCharges
224000 USD
CY2016 us-gaap Restructuring Charges
RestructuringCharges
1262000 USD
CY2015Q4 us-gaap Restructuring Reserve Current
RestructuringReserveCurrent
7894000 USD
CY2016Q4 us-gaap Restructuring Reserve Current
RestructuringReserveCurrent
6047000 USD
CY2015Q4 us-gaap Restructuring Reserve Noncurrent
RestructuringReserveNoncurrent
7464000 USD
CY2016Q4 us-gaap Restructuring Reserve Noncurrent
RestructuringReserveNoncurrent
1907000 USD
CY2014 us-gaap Restructuring Reserve Period Increase Decrease
RestructuringReservePeriodIncreaseDecrease
17502000 USD
CY2015 us-gaap Restructuring Reserve Period Increase Decrease
RestructuringReservePeriodIncreaseDecrease
-30492000 USD
CY2016 us-gaap Restructuring Reserve Period Increase Decrease
RestructuringReservePeriodIncreaseDecrease
-7426000 USD
CY2015Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-5261784000 USD
CY2016Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-5373836000 USD
CY2014 us-gaap Revenues
Revenues
580415000 USD
CY2015Q1 us-gaap Revenues
Revenues
138509000 USD
CY2015Q2 us-gaap Revenues
Revenues
166076000 USD
CY2015Q3 us-gaap Revenues
Revenues
309816000 USD
CY2015Q4 us-gaap Revenues
Revenues
417935000 USD
CY2015 us-gaap Revenues
Revenues
1032336000 USD
CY2016Q1 us-gaap Revenues
Revenues
398080000 USD
CY2016Q2 us-gaap Revenues
Revenues
431608000 USD
CY2016Q3 us-gaap Revenues
Revenues
413783000 USD
CY2016Q4 us-gaap Revenues
Revenues
458706000 USD
CY2016 us-gaap Revenues
Revenues
1702177000 USD
CY2014 us-gaap Royalty Revenue
RoyaltyRevenue
40919000 USD
CY2015Q1 us-gaap Royalty Revenue
RoyaltyRevenue
6792000 USD
CY2015Q2 us-gaap Royalty Revenue
RoyaltyRevenue
5077000 USD
CY2015Q3 us-gaap Royalty Revenue
RoyaltyRevenue
5759000 USD
CY2015Q4 us-gaap Royalty Revenue
RoyaltyRevenue
6331000 USD
CY2015 us-gaap Royalty Revenue
RoyaltyRevenue
23959000 USD
CY2016Q1 us-gaap Royalty Revenue
RoyaltyRevenue
3596000 USD
CY2016Q2 us-gaap Royalty Revenue
RoyaltyRevenue
5282000 USD
CY2016Q3 us-gaap Royalty Revenue
RoyaltyRevenue
3835000 USD
CY2016Q4 us-gaap Royalty Revenue
RoyaltyRevenue
3887000 USD
CY2016 us-gaap Royalty Revenue
RoyaltyRevenue
16600000 USD
CY2014 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
487821000 USD
CY2015Q1 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
130875000 USD
CY2015Q2 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
160388000 USD
CY2015Q3 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
302511000 USD
CY2015Q4 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
406550000 USD
CY2015 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
1000324000 USD
CY2016Q1 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
394410000 USD
CY2016Q2 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
425651000 USD
CY2016Q3 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
409689000 USD
CY2016Q4 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
453882000 USD
CY2016 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
1683632000 USD
CY2014 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
305409000 USD
CY2015Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
85860000 USD
CY2015Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
94394000 USD
CY2015Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
99772000 USD
CY2015Q4 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
96549000 USD
CY2015 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
376575000 USD
CY2016Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
105214000 USD
CY2016Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
111652000 USD
CY2016Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
106055000 USD
CY2016Q4 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
109908000 USD
CY2016 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
432829000 USD
CY2015Q4 us-gaap Senior Long Term Notes
SeniorLongTermNotes
223863000 USD
CY2016Q4 us-gaap Senior Long Term Notes
SeniorLongTermNotes
0 USD
CY2015Q4 us-gaap Senior Notes Current
SeniorNotesCurrent
71296000 USD
CY2016Q4 us-gaap Senior Notes Current
SeniorNotesCurrent
0 USD
CY2014 us-gaap Share Based Compensation
ShareBasedCompensation
177542000 USD
CY2015 us-gaap Share Based Compensation
ShareBasedCompensation
231025000 USD
CY2016 us-gaap Share Based Compensation
ShareBasedCompensation
237705000 USD
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
9180002 shares
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
7323000 shares
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
68.92
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
316500000 USD
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
252900000 USD
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
48600000 USD
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
78000 shares
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
544000 shares
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
3183000 shares
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
124939000 USD
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
11145000 shares
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
12642000 shares
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
75.99
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
81.41
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
124892000 USD
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
12200000 shares
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
80.76
CY2016 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
45.61
CY2016 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
107.51
CY2016 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
94.62
CY2016 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
91.36
CY2016Q4 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Exercisable Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfExercisableOptions
7323000 shares
CY2016Q4 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Outstanding Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
12642000 shares
CY2014 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1
SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1
177542000 USD
CY2015 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1
SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1
231025000 USD
CY2016 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1
SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1
237705000 USD
CY2016Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
121671000 USD
CY2016 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P6Y
CY2016 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P7Y22D
CY2016 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P7Y
CY2016Q4 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Exercise Price1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageExercisePrice1
68.92
CY2016Q4 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Exercise Price Beginning Balance1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageExercisePriceBeginningBalance1
81.41
CY2016 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageRemainingContractualTerm2
P7Y22D
CY2016 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
1064000 shares
CY2014 us-gaap Stock Issued During Period Value Employee Benefit Plan
StockIssuedDuringPeriodValueEmployeeBenefitPlan
274808000 USD
CY2015 us-gaap Stock Issued During Period Value Employee Benefit Plan
StockIssuedDuringPeriodValueEmployeeBenefitPlan
185290000 USD
CY2016 us-gaap Stock Issued During Period Value Employee Benefit Plan
StockIssuedDuringPeriodValueEmployeeBenefitPlan
68006000 USD
CY2015Q4 us-gaap Stockholders Equity
StockholdersEquity
939967000 USD
CY2016Q4 us-gaap Stockholders Equity
StockholdersEquity
1156582000 USD
CY2013Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1356405000 USD
CY2014Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1096183000 USD
CY2015Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1093628000 USD
CY2016Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1338191000 USD
CY2014Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
880000 USD
CY2015Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
425000 USD
CY2016Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0 USD
CY2015 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
455000 USD
CY2016 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
0 USD
CY2016Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
0 USD
CY2015 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
0 USD
CY2016 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
425000 USD
CY2014 us-gaap Valuation Allowances And Reserves Adjustments
ValuationAllowancesAndReservesAdjustments
3270000 USD
CY2015 us-gaap Valuation Allowances And Reserves Adjustments
ValuationAllowancesAndReservesAdjustments
-20852000 USD
CY2016 us-gaap Valuation Allowances And Reserves Adjustments
ValuationAllowancesAndReservesAdjustments
-104000 USD
CY2013Q4 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
87133000 USD
CY2014Q4 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
36023000 USD
CY2015Q4 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
49296000 USD
CY2016Q4 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
89201000 USD
CY2014 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
235307000 shares
CY2015 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
241312000 shares
CY2016Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
243831000 shares
CY2016Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
244482000 shares
CY2016Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
244920000 shares
CY2016Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
247757000 shares
CY2016 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
244685000 shares
CY2015Q1 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
239493000 shares
CY2015Q2 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
240757000 shares
CY2015Q3 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
241969000 shares
CY2015Q4 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
242987000 shares
CY2014 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
235307000 shares
CY2015 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
241312000 shares
CY2016Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
243831000 shares
CY2016Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
244482000 shares
CY2016Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
244920000 shares
CY2016Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
245454000 shares
CY2016 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
244685000 shares
CY2015Q4 vrtx Accrued Research Development And Commercial Contract Costs
AccruedResearchDevelopmentAndCommercialContractCosts
55677000 USD
CY2016Q4 vrtx Accrued Research Development And Commercial Contract Costs
AccruedResearchDevelopmentAndCommercialContractCosts
62756000 USD
CY2016 vrtx Additional Milestone Payments
AdditionalMilestonePayments
0 USD
CY2015Q4 vrtx Cash Cash Equivalents And Available For Sale Securities Fair Value
CashCashEquivalentsAndAvailableForSaleSecuritiesFairValue
1042462000 USD
CY2016Q4 vrtx Cash Cash Equivalents And Available For Sale Securities Fair Value
CashCashEquivalentsAndAvailableForSaleSecuritiesFairValue
1434557000 USD
CY2016Q4 vrtx Cash Cash Equivalents And Marketable Securities
CashCashEquivalentsAndMarketableSecurities
1430000000 USD
CY2015Q4 vrtx Cash Cash Equivalents Available For Sale Securities Amortized Cost
CashCashEquivalentsAvailableForSaleSecuritiesAmortizedCost
1042336000 USD
CY2016Q4 vrtx Cash Cash Equivalents Available For Sale Securities Amortized Cost
CashCashEquivalentsAvailableForSaleSecuritiesAmortizedCost
1413220000 USD
CY2015Q4 vrtx Cash Cash Equivalents Availableforsale Securities Gross Unrealized Gain
CashCashEquivalentsAvailableforsaleSecuritiesGrossUnrealizedGain
246000 USD
CY2016Q4 vrtx Cash Cash Equivalents Availableforsale Securities Gross Unrealized Gain
CashCashEquivalentsAvailableforsaleSecuritiesGrossUnrealizedGain
21422000 USD
CY2015Q4 vrtx Cash Cash Equivalents Availableforsale Securities Unrealized Loss Gross
CashCashEquivalentsAvailableforsaleSecuritiesUnrealizedLossGross
120000 USD
CY2016Q4 vrtx Cash Cash Equivalents Availableforsale Securities Unrealized Loss Gross
CashCashEquivalentsAvailableforsaleSecuritiesUnrealizedLossGross
85000 USD
CY2015Q4 vrtx Collaborative Arrangements Advanced Funding Liability Noncurrent
CollaborativeArrangementsAdvancedFundingLiabilityNoncurrent
0 USD
CY2016Q4 vrtx Collaborative Arrangements Advanced Funding Liability Noncurrent
CollaborativeArrangementsAdvancedFundingLiabilityNoncurrent
73423000 USD
CY2014 vrtx Collaborative Revenues
CollaborativeRevenues
51675000 USD
CY2015Q1 vrtx Collaborative Revenues
CollaborativeRevenues
842000 USD
CY2015Q2 vrtx Collaborative Revenues
CollaborativeRevenues
611000 USD
CY2015Q3 vrtx Collaborative Revenues
CollaborativeRevenues
1546000 USD
CY2015Q4 vrtx Collaborative Revenues
CollaborativeRevenues
5054000 USD
CY2015 vrtx Collaborative Revenues
CollaborativeRevenues
8053000 USD
CY2016Q1 vrtx Collaborative Revenues
CollaborativeRevenues
74000 USD
CY2016Q2 vrtx Collaborative Revenues
CollaborativeRevenues
675000 USD
CY2016Q3 vrtx Collaborative Revenues
CollaborativeRevenues
259000 USD
CY2016Q4 vrtx Collaborative Revenues
CollaborativeRevenues
937000 USD
CY2016 vrtx Collaborative Revenues
CollaborativeRevenues
1945000 USD
CY2016 vrtx Common Stock Votes Per Share
CommonStockVotesPerShare
1 vote
CY2015Q4 vrtx Construction Financing Obligation Noncurrent
ConstructionFinancingObligationNoncurrent
472611000 USD
CY2016Q4 vrtx Construction Financing Obligation Noncurrent
ConstructionFinancingObligationNoncurrent
486359000 USD
CY2015Q4 vrtx Constructionfinancingleaseobligationcurrentandnoncurrent
Constructionfinancingleaseobligationcurrentandnoncurrent
473000000 USD
CY2016Q4 vrtx Constructionfinancingleaseobligationcurrentandnoncurrent
Constructionfinancingleaseobligationcurrentandnoncurrent
472600000 USD
CY2016Q4 vrtx Contingent Liabilities
ContingentLiabilities
0 USD
CY2016Q4 vrtx Deferred Revenue Royalty Purchase Agreement
DeferredRevenueRoyaltyPurchaseAgreement
12600000 USD
CY2015Q4 vrtx Deferred Tax Assets Accrued Expenses And Other
DeferredTaxAssetsAccruedExpensesAndOther
27236000 USD
CY2016Q4 vrtx Deferred Tax Assets Accrued Expenses And Other
DeferredTaxAssetsAccruedExpensesAndOther
23078000 USD
CY2015Q4 vrtx Deferred Tax Assets Disregarded Entity Deferrals
DeferredTaxAssetsDisregardedEntityDeferrals
176250000 USD
CY2016Q4 vrtx Deferred Tax Assets Disregarded Entity Deferrals
DeferredTaxAssetsDisregardedEntityDeferrals
177735000 USD
CY2015Q4 vrtx Deferred Tax Assets Intangibles
DeferredTaxAssetsIntangibles
14673000 USD
CY2016Q4 vrtx Deferred Tax Assets Intangibles
DeferredTaxAssetsIntangibles
34938000 USD
CY2016Q4 vrtx Defined Contribution Plan Number Of Shares Available For Grant
DefinedContributionPlanNumberOfSharesAvailableForGrant
755000 shares
CY2014 vrtx Effective Income Tax Rate Reconciliation Tax Attribute Expiration Amount
EffectiveIncomeTaxRateReconciliationTaxAttributeExpirationAmount
0 USD
CY2015 vrtx Effective Income Tax Rate Reconciliation Tax Attribute Expiration Amount
EffectiveIncomeTaxRateReconciliationTaxAttributeExpirationAmount
0 USD
CY2016 vrtx Effective Income Tax Rate Reconciliation Tax Attribute Expiration Amount
EffectiveIncomeTaxRateReconciliationTaxAttributeExpirationAmount
9947000 USD
CY2014 vrtx Income Tax Reconciliation Unbenefited Operating Losses
IncomeTaxReconciliationUnbenefitedOperatingLosses
241037000 USD
CY2015 vrtx Income Tax Reconciliation Unbenefited Operating Losses
IncomeTaxReconciliationUnbenefitedOperatingLosses
226169000 USD
CY2016 vrtx Income Tax Reconciliation Unbenefited Operating Losses
IncomeTaxReconciliationUnbenefitedOperatingLosses
14837000 USD
CY2016Q4 vrtx Indemnification Claims
IndemnificationClaims
0 USD
CY2016Q4 vrtx Line Of Credit Facility Additional Borrowing Capacity
LineOfCreditFacilityAdditionalBorrowingCapacity
300000000.0 USD
CY2016 vrtx Maximum Defined Contribution Plan Employee Contribution Percentage Of Compensation
MaximumDefinedContributionPlanEmployeeContributionPercentageOfCompensation
0.6
CY2016Q4 vrtx Number Of Marketed Medicines
NumberOfMarketedMedicines
2 marketed_medecine
CY2015Q4 vrtx Outstanding Restricted Stock And Restricted Stock Units Grant Price
OutstandingRestrictedStockAndRestrictedStockUnitsGrantPrice
10.00
CY2014 vrtx Paymentson Construction Financing Lease Obligations
PaymentsonConstructionFinancingLeaseObligations
336000 USD
CY2015 vrtx Paymentson Construction Financing Lease Obligations
PaymentsonConstructionFinancingLeaseObligations
381000 USD
CY2016 vrtx Paymentson Construction Financing Lease Obligations
PaymentsonConstructionFinancingLeaseObligations
432000 USD
CY2014 vrtx Paymentto Acquire Preferred Stock
PaymenttoAcquirePreferredStock
0 USD
CY2015 vrtx Paymentto Acquire Preferred Stock
PaymenttoAcquirePreferredStock
0 USD
CY2016 vrtx Paymentto Acquire Preferred Stock
PaymenttoAcquirePreferredStock
13075000 USD
CY2016 vrtx Percentageofemployeeseligibleforaccelerationofequityawards
Percentageofemployeeseligibleforaccelerationofequityawards
0.05
CY2014 vrtx Proceeds From Collaborative Funding
ProceedsFromCollaborativeFunding
0 USD
CY2015 vrtx Proceeds From Collaborative Funding
ProceedsFromCollaborativeFunding
0 USD
CY2016 vrtx Proceeds From Collaborative Funding
ProceedsFromCollaborativeFunding
75000000 USD
CY2008 vrtx Proceeds From Sale Of Royalty Rights
ProceedsFromSaleOfRoyaltyRights
160000000 USD
CY2014 vrtx Proceedsfrom Return Relatedto Financing Lease Obligation
ProceedsfromReturnRelatedtoFinancingLeaseObligation
8050000 USD
CY2015 vrtx Proceedsfrom Return Relatedto Financing Lease Obligation
ProceedsfromReturnRelatedtoFinancingLeaseObligation
0 USD
CY2016 vrtx Proceedsfrom Return Relatedto Financing Lease Obligation
ProceedsfromReturnRelatedtoFinancingLeaseObligation
0 USD
CY2015Q4 vrtx Product Sales Accrued Liabilities
ProductSalesAccruedLiabilities
47209000 USD
CY2016Q4 vrtx Product Sales Accrued Liabilities
ProductSalesAccruedLiabilities
86533000 USD
CY2016Q2 vrtx Researchand Development Expenses Earlystage Research Assets
ResearchandDevelopmentExpensesEarlystageResearchAssets
10000000 USD
CY2016Q4 vrtx Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOutstandingNumber
16187626 shares
CY2014 vrtx Valuation Allowances And Reserves Provision
ValuationAllowancesAndReservesProvision
48006000 USD
CY2015 vrtx Valuation Allowances And Reserves Provision
ValuationAllowancesAndReservesProvision
81205000 USD
CY2016 vrtx Valuation Allowances And Reserves Provision
ValuationAllowancesAndReservesProvision
163922000 USD
CY2014 vrtx Valuation Allowances And Reserves Sales Credits Or Payments Current
ValuationAllowancesAndReservesSalesCreditsOrPaymentsCurrent
102386000 USD
CY2015 vrtx Valuation Allowances And Reserves Sales Credits Or Payments Current
ValuationAllowancesAndReservesSalesCreditsOrPaymentsCurrent
47080000 USD
CY2016 vrtx Valuation Allowances And Reserves Sales Credits Or Payments Current
ValuationAllowancesAndReservesSalesCreditsOrPaymentsCurrent
123913000 USD
CY2016 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:12px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Use of Estimates</font></div><div style="line-height:120%;padding-bottom:12px;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of consolidated financial statements in accordance with accounting principles generally accepted in the United States of America (&#8220;GAAP&#8221;) requires management to make certain estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements, and the amounts of revenues and expenses during the reported periods. Significant estimates in these consolidated financial statements have been made in connection with the calculation of revenues, inventories, research and development expenses, stock-based compensation expense, restructuring expense, the fair value of intangible assets, goodwill, contingent consideration, noncontrolling interest, the consolidation of VIEs, leases, the fair value of cash flow hedges and the provision for or benefit from income taxes. The Company bases its estimates on historical experience and various other assumptions, including in certain circumstances future projections, that management believes to be reasonable under the circumstances. Actual results could differ from those estimates. Changes in estimates are reflected in reported results in the period in which they become known.</font></div></div>

Files In Submission

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0000875320-17-000017-xbrl.zip Edgar Link pending
a10k_2016-exhibit1012.htm Edgar Link pending
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