2015 Q2 Form 10-Q Financial Statement

#000144530515000066 Filed on August 05, 2015

View on sec.gov

Income Statement

Concept 2015 Q2 2014 Q2 2014 Q1
Revenue $33.97M $26.51M $28.13M
YoY Change 28.11% 39.35% 32.08%
Cost Of Revenue $9.753M $7.911M $7.467M
YoY Change 23.28% 34.68% 19.07%
Gross Profit $24.22M $18.60M $20.67M
YoY Change 30.17% 41.44% 37.51%
Gross Profit Margin 71.29% 70.16% 73.46%
Selling, General & Admin $22.62M $17.93M $14.67M
YoY Change 26.14% 42.21% 12.97%
% of Gross Profit 93.41% 96.4% 70.98%
Research & Development $12.20M $10.77M $10.29M
YoY Change 13.22% 26.4% 27.08%
% of Gross Profit 50.37% 57.9% 49.78%
Depreciation & Amortization $1.127M $852.0K $768.0K
YoY Change 32.28% -10.32%
% of Gross Profit 4.65% 4.58% 3.72%
Operating Expenses $34.82M $28.71M $24.96M
YoY Change 21.29% 35.84% 18.39%
Operating Profit -$10.60M -$10.10M -$4.290M
YoY Change 4.94% 26.61% -29.1%
Interest Expense $513.0K $316.0K $265.0K
YoY Change 62.34% 236.17% 2550.0%
% of Operating Profit
Other Income/Expense, Net $191.0K -$145.0K $3.000K
YoY Change -231.72% 530.43% -91.18%
Pretax Income -$10.92M -$10.56M -$4.552M
YoY Change 3.41% 30.47% -24.47%
Income Tax $106.0K $0.00 $0.00
% Of Pretax Income
Net Earnings -$11.03M -$10.56M -$4.552M
YoY Change 4.41% 30.47% -24.47%
Net Earnings / Revenue -32.47% -39.84% -16.18%
Basic Earnings Per Share
Diluted Earnings Per Share -$277.8K -$268.4K -$116.5K
COMMON SHARES
Basic Shares Outstanding
Diluted Shares Outstanding

Balance Sheet

Concept 2015 Q2 2014 Q2 2014 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $86.40M $20.10M
YoY Change 329.85%
Cash & Equivalents $86.43M $20.14M $17.26M
Short-Term Investments $0.00
Other Short-Term Assets $3.800M $2.600M
YoY Change 46.15%
Inventory
Prepaid Expenses
Receivables $12.45M $9.500M
Other Receivables $907.0K $700.0K
Total Short-Term Assets $103.6M $32.90M
YoY Change 214.87%
LONG-TERM ASSETS
Property, Plant & Equipment $46.23M $42.90M
YoY Change 7.75%
Goodwill
YoY Change
Intangibles $812.0K
YoY Change
Long-Term Investments $0.00
YoY Change
Other Assets $699.0K $1.000M
YoY Change -30.1%
Total Long-Term Assets $47.74M $44.20M
YoY Change 8.0%
TOTAL ASSETS
Total Short-Term Assets $103.6M $32.90M
Total Long-Term Assets $47.74M $44.20M
Total Assets $151.3M $77.10M
YoY Change 96.28%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $3.875M $2.600M
YoY Change 49.04%
Accrued Expenses $13.83M $9.100M
YoY Change 51.98%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $35.00K $2.100M
YoY Change -98.33%
Total Short-Term Liabilities $70.24M $48.50M
YoY Change 44.82%
LONG-TERM LIABILITIES
Long-Term Debt $73.00K $25.30M
YoY Change -99.71%
Other Long-Term Liabilities $3.049M $15.00M
YoY Change -79.67%
Total Long-Term Liabilities $3.122M $40.30M
YoY Change -92.25%
TOTAL LIABILITIES
Total Short-Term Liabilities $70.24M $48.50M
Total Long-Term Liabilities $3.122M $40.30M
Total Liabilities $108.8M $88.80M
YoY Change 22.47%
SHAREHOLDERS EQUITY
Retained Earnings -$152.0M
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $42.58M -$11.60M
YoY Change
Total Liabilities & Shareholders Equity $151.3M $77.10M
YoY Change 96.28%

Cashflow Statement

Concept 2015 Q2 2014 Q2 2014 Q1
OPERATING ACTIVITIES
Net Income -$11.03M -$10.56M -$4.552M
YoY Change 4.41% 30.47% -24.47%
Depreciation, Depletion And Amortization $1.127M $852.0K $768.0K
YoY Change 32.28% -10.32%
Cash From Operating Activities -$2.608M $4.182M $1.546M
YoY Change -162.36% -144.73%
INVESTING ACTIVITIES
Capital Expenditures $159.0K $3.526M $1.750M
YoY Change -95.49% -155.53%
Acquisitions
YoY Change
Other Investing Activities $0.00 $4.860M
YoY Change -100.0% -628.26%
Cash From Investing Activities -$354.0K $1.240M -$1.768M
YoY Change -128.55% -117.03%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$480.0K -$2.515M $1.939M
YoY Change -80.91% -131.36%
NET CHANGE
Cash From Operating Activities -$2.608M $4.182M $1.546M
Cash From Investing Activities -$354.0K $1.240M -$1.768M
Cash From Financing Activities -$480.0K -$2.515M $1.939M
Net Change In Cash -$3.442M $2.907M $1.717M
YoY Change -218.4% -133.76%
FREE CASH FLOW
Cash From Operating Activities -$2.608M $4.182M $1.546M
Capital Expenditures $159.0K $3.526M $1.750M
Free Cash Flow -$2.767M $656.0K -$204.0K
YoY Change -521.8% -121.87%

Facts In Submission

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CY2014Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-145000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-142000 USD
CY2015Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
191000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
125000 USD
CY2014Q2 us-gaap Operating Expenses
OperatingExpenses
28705000 USD
us-gaap Operating Expenses
OperatingExpenses
53660000 USD
CY2015Q2 us-gaap Operating Expenses
OperatingExpenses
34816000 USD
us-gaap Operating Expenses
OperatingExpenses
67263000 USD
CY2014Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-10102000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
-14392000 USD
CY2015Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-10601000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
-17556000 USD
CY2014Q4 us-gaap Other Accrued Liabilities Current
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5031000 USD
CY2015Q2 us-gaap Other Accrued Liabilities Current
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3281000 USD
CY2014Q4 us-gaap Other Assets Noncurrent
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795000 USD
CY2015Q2 us-gaap Other Assets Noncurrent
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699000 USD
CY2014Q2 us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
145000 USD
us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
195000 USD
CY2015Q2 us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
0 USD
us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
0 USD
CY2014Q2 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-36000 USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-10000 USD
CY2015Q2 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-24000 USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
45000 USD
CY2014Q2 us-gaap Other Comprehensive Income Foreign Currency Translation Adjustment Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTaxPortionAttributableToParent
44000 USD
us-gaap Other Comprehensive Income Foreign Currency Translation Adjustment Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTaxPortionAttributableToParent
0 USD
CY2015Q2 us-gaap Other Comprehensive Income Foreign Currency Translation Adjustment Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTaxPortionAttributableToParent
-16000 USD
us-gaap Other Comprehensive Income Foreign Currency Translation Adjustment Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTaxPortionAttributableToParent
0 USD
CY2014Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
109000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
185000 USD
CY2015Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-24000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
45000 USD
CY2014Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
-136000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
-136000 USD
CY2015Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
0 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
0 USD
CY2014Q2 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
9000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
59000 USD
CY2015Q2 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
0 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
0 USD
CY2014Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
2069000 USD
CY2015Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
3049000 USD
CY2014Q4 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
295000 USD
CY2015Q2 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
907000 USD
CY2014Q2 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
0 USD
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
0 USD
CY2015Q2 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
273000 USD
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
1346000 USD
CY2014Q2 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
98000 USD
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
116000 USD
CY2015Q2 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
195000 USD
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
278000 USD
CY2014Q2 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
3526000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
5276000 USD
CY2015Q2 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
159000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1030000 USD
CY2014Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2015Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2014Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
100000000 shares
CY2015Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
100000000 shares
CY2014Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2015Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2014Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2015Q2 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2014Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2015Q2 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2014Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
3143000 USD
CY2015Q2 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
3064000 USD
CY2014Q2 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
8000 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
20000 USD
CY2015Q2 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
0 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
0 USD
CY2014Q2 us-gaap Proceeds From Repayments Of Restricted Cash Financing Activities
ProceedsFromRepaymentsOfRestrictedCashFinancingActivities
-300000 USD
us-gaap Proceeds From Repayments Of Restricted Cash Financing Activities
ProceedsFromRepaymentsOfRestrictedCashFinancingActivities
-300000 USD
CY2015Q2 us-gaap Proceeds From Repayments Of Restricted Cash Financing Activities
ProceedsFromRepaymentsOfRestrictedCashFinancingActivities
0 USD
us-gaap Proceeds From Repayments Of Restricted Cash Financing Activities
ProceedsFromRepaymentsOfRestrictedCashFinancingActivities
300000 USD
CY2014Q2 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
4864000 USD
us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
4864000 USD
CY2015Q2 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
0 USD
us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
0 USD
CY2014Q2 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
187000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
205000 USD
CY2015Q2 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
353000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
433000 USD
CY2014Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
46265000 USD
CY2015Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
46226000 USD
CY2014Q2 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
-100000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
24000 USD
CY2015Q2 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
52000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
126000 USD
CY2014Q2 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
2038000 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
2038000 USD
CY2015Q2 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
0 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
0 USD
CY2014Q2 us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
294000 USD
us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
465000 USD
CY2015Q2 us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
483000 USD
us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
1161000 USD
CY2014Q2 us-gaap Repayments Of Other Long Term Debt
RepaymentsOfOtherLongTermDebt
48000 USD
us-gaap Repayments Of Other Long Term Debt
RepaymentsOfOtherLongTermDebt
102000 USD
CY2015Q2 us-gaap Repayments Of Other Long Term Debt
RepaymentsOfOtherLongTermDebt
42000 USD
us-gaap Repayments Of Other Long Term Debt
RepaymentsOfOtherLongTermDebt
67000 USD
CY2014Q2 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
10772000 USD
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
21059000 USD
CY2015Q2 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
12196000 USD
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
24204000 USD
CY2014Q4 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
401000 USD
CY2015Q2 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
0 USD
CY2014Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-133535000 USD
CY2015Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-152011000 USD
CY2014Q2 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
26514000 USD
us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
54646000 USD
CY2015Q2 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
33968000 USD
us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
69122000 USD
CY2014Q4 us-gaap Self Insurance Reserve Current
SelfInsuranceReserveCurrent
800000 USD
CY2015Q2 us-gaap Self Insurance Reserve Current
SelfInsuranceReserveCurrent
745000 USD
CY2014Q2 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
12747000 USD
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
23187000 USD
CY2015Q2 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
16329000 USD
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
30034000 USD
CY2014Q2 us-gaap Share Based Compensation
ShareBasedCompensation
2169000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
4126000 USD
CY2015Q2 us-gaap Share Based Compensation
ShareBasedCompensation
2620000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
4794000 USD
CY2014Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum
0.5236
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum
0.5250
CY2015Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum
0.4355
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum
0.4408
CY2014Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum
0.5088
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum
0.4548
CY2015Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum
0.4274
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum
0.4235
CY2014Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum
0.0280
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum
0.0280
CY2015Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum
0.0175
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum
0.0175
CY2014Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum
0.0182
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum
0.0152
CY2015Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum
0.0150
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum
0.0135
CY2015Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
3356667 shares
CY2015Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
5.88
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
619000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
1400000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
60795 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
631017 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
8.13
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
6.09
CY2014Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
30066000 USD
CY2015Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
29910000 USD
CY2014Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
6089938 shares
CY2015Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
6523356 shares
CY2014Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
9.63
CY2015Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
10.16
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
3.16
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
13.22
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
13.98
CY2015Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P6Y1M6D
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P6Y1M6D
CY2015Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
27997000 USD
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P6Y4M24D
CY2014 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P7Y9M18D
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P7Y7M24D
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
3600000 USD
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
3800000 USD
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
136804 shares
CY2014Q4 us-gaap Stockholders Equity
StockholdersEquity
55819000 USD
CY2015Q2 us-gaap Stockholders Equity
StockholdersEquity
42577000 USD
CY2014Q2 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
31850307 shares
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
31809382 shares
CY2015Q2 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
39627842 shares
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
39610905 shares
CY2014Q2 wk Allowancefor Tenant Improvements
AllowanceforTenantImprovements
0 USD
wk Allowancefor Tenant Improvements
AllowanceforTenantImprovements
0 USD
CY2015Q2 wk Allowancefor Tenant Improvements
AllowanceforTenantImprovements
0 USD
wk Allowancefor Tenant Improvements
AllowanceforTenantImprovements
698000 USD
CY2014Q4 wk Deferred Government Grants Obligations Current
DeferredGovernmentGrantsObligationsCurrent
2324000 USD
CY2015Q2 wk Deferred Government Grants Obligations Current
DeferredGovernmentGrantsObligationsCurrent
2642000 USD
CY2014Q4 wk Deferred Government Grants Obligations Noncurrent
DeferredGovernmentGrantsObligationsNoncurrent
3424000 USD
CY2015Q2 wk Deferred Government Grants Obligations Noncurrent
DeferredGovernmentGrantsObligationsNoncurrent
3147000 USD
CY2014Q2 wk Fair Valueof Fixed Assets Acquired Through Capital Lease Obligations
FairValueofFixedAssetsAcquiredThroughCapitalLeaseObligations
617000 USD
wk Fair Valueof Fixed Assets Acquired Through Capital Lease Obligations
FairValueofFixedAssetsAcquiredThroughCapitalLeaseObligations
1065000 USD
CY2015Q2 wk Fair Valueof Fixed Assets Acquired Through Capital Lease Obligations
FairValueofFixedAssetsAcquiredThroughCapitalLeaseObligations
343000 USD
wk Fair Valueof Fixed Assets Acquired Through Capital Lease Obligations
FairValueofFixedAssetsAcquiredThroughCapitalLeaseObligations
527000 USD
CY2014Q2 wk Fair Valueof Fixed Assets Acquired Through Financing Obligations
FairValueofFixedAssetsAcquiredThroughFinancingObligations
350000 USD
wk Fair Valueof Fixed Assets Acquired Through Financing Obligations
FairValueofFixedAssetsAcquiredThroughFinancingObligations
3478000 USD
CY2015Q2 wk Fair Valueof Fixed Assets Acquired Through Financing Obligations
FairValueofFixedAssetsAcquiredThroughFinancingObligations
0 USD
wk Fair Valueof Fixed Assets Acquired Through Financing Obligations
FairValueofFixedAssetsAcquiredThroughFinancingObligations
0 USD
CY2014Q2 wk Gain Losson Government Grants Reimbursement
GainLossonGovernmentGrantsReimbursement
12000 USD
wk Gain Losson Government Grants Reimbursement
GainLossonGovernmentGrantsReimbursement
12000 USD
CY2015Q2 wk Gain Losson Government Grants Reimbursement
GainLossonGovernmentGrantsReimbursement
206000 USD
wk Gain Losson Government Grants Reimbursement
GainLossonGovernmentGrantsReimbursement
272000 USD
CY2015Q1 wk Proceedsfrom Government Loan Awards
ProceedsfromGovernmentLoanAwards
313000 USD
CY2014Q2 wk Proceedsfrom Government Loan Awards
ProceedsfromGovernmentLoanAwards
0 USD
wk Proceedsfrom Government Loan Awards
ProceedsfromGovernmentLoanAwards
2000000 USD
CY2015Q2 wk Proceedsfrom Government Loan Awards
ProceedsfromGovernmentLoanAwards
0 USD
wk Proceedsfrom Government Loan Awards
ProceedsfromGovernmentLoanAwards
313000 USD
CY2014Q2 wk Proceedsfrom Governmentfor Training Reimbursement
ProceedsfromGovernmentforTrainingReimbursement
4000 USD
wk Proceedsfrom Governmentfor Training Reimbursement
ProceedsfromGovernmentforTrainingReimbursement
138000 USD
CY2015Q2 wk Proceedsfrom Governmentfor Training Reimbursement
ProceedsfromGovernmentforTrainingReimbursement
0 USD
wk Proceedsfrom Governmentfor Training Reimbursement
ProceedsfromGovernmentforTrainingReimbursement
0 USD
CY2014Q2 wk Sharebased Compensation Arrangementby Sharebased Payment Award Fair Value Assumptions Expected Forfeiture Rate Maximum
SharebasedCompensationArrangementbySharebasedPaymentAwardFairValueAssumptionsExpectedForfeitureRateMaximum
0.0600
wk Sharebased Compensation Arrangementby Sharebased Payment Award Fair Value Assumptions Expected Forfeiture Rate Maximum
SharebasedCompensationArrangementbySharebasedPaymentAwardFairValueAssumptionsExpectedForfeitureRateMaximum
0.0600
CY2015Q2 wk Sharebased Compensation Arrangementby Sharebased Payment Award Fair Value Assumptions Expected Forfeiture Rate Maximum
SharebasedCompensationArrangementbySharebasedPaymentAwardFairValueAssumptionsExpectedForfeitureRateMaximum
0.0641
wk Sharebased Compensation Arrangementby Sharebased Payment Award Fair Value Assumptions Expected Forfeiture Rate Maximum
SharebasedCompensationArrangementbySharebasedPaymentAwardFairValueAssumptionsExpectedForfeitureRateMaximum
0.0641
CY2014Q2 wk Sharebased Compensation Arrangementby Sharebased Payment Award Fair Value Assumptions Expected Forfeiture Rate Minimum
SharebasedCompensationArrangementbySharebasedPaymentAwardFairValueAssumptionsExpectedForfeitureRateMinimum
0.00
wk Sharebased Compensation Arrangementby Sharebased Payment Award Fair Value Assumptions Expected Forfeiture Rate Minimum
SharebasedCompensationArrangementbySharebasedPaymentAwardFairValueAssumptionsExpectedForfeitureRateMinimum
0.00
CY2015Q2 wk Sharebased Compensation Arrangementby Sharebased Payment Award Fair Value Assumptions Expected Forfeiture Rate Minimum
SharebasedCompensationArrangementbySharebasedPaymentAwardFairValueAssumptionsExpectedForfeitureRateMinimum
0.0503
wk Sharebased Compensation Arrangementby Sharebased Payment Award Fair Value Assumptions Expected Forfeiture Rate Minimum
SharebasedCompensationArrangementbySharebasedPaymentAwardFairValueAssumptionsExpectedForfeitureRateMinimum
0.0503
us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:8px;padding-top:8px;text-align:justify;text-indent:48px;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;">The preparation of consolidated financial statements in conformity with U.S. GAAP requires us to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying notes. We base our estimates on historical experience and various other assumptions believed to be reasonable. These estimates include, but are not limited to, the determination of the relative selling prices of our services, self-insurance liability for claims incurred but not yet reported, collectability of accounts receivable, useful lives of intangible assets and property and equipment, income taxes and certain assumptions used in the valuation of equity awards. While these estimates are based on our best knowledge of current events and actions that may affect us in the future, actual results may differ materially from these estimates. </font></div></div>

Files In Submission

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0001445305-15-000066-index-headers.html Edgar Link pending
0001445305-15-000066-index.html Edgar Link pending
0001445305-15-000066.txt Edgar Link pending
0001445305-15-000066-xbrl.zip Edgar Link pending
exhibit311-section302xceoc.htm Edgar Link pending
exhibit312-section302xcfoc.htm Edgar Link pending
exhibit321-section906xceoc.htm Edgar Link pending
exhibit322-section906xcfoc.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
R1.htm Edgar Link pending
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report.css Edgar Link pending
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wk-20150630.xml Edgar Link completed
wk-20150630.xsd Edgar Link pending
wk-20150630_cal.xml Edgar Link unprocessable
wk-20150630_def.xml Edgar Link unprocessable
wk-20150630_lab.xml Edgar Link unprocessable
wk-20150630_pre.xml Edgar Link unprocessable
workiva10-q06x30x2015.htm Edgar Link pending