2016 Q1 Form 10-Q Financial Statement

#000108404816000020 Filed on May 10, 2016

View on sec.gov

Income Statement

Concept 2016 Q1 2015 Q1
Revenue $200.5M $161.3M
YoY Change 24.34% 20.23%
Cost Of Revenue $34.30M $28.20M
YoY Change 21.63% 20.51%
Gross Profit $166.2M $133.1M
YoY Change 24.91% 20.17%
Gross Profit Margin 82.9% 82.52%
Selling, General & Admin $103.9M $84.09M
YoY Change 23.54% 35.76%
% of Gross Profit 62.5% 63.19%
Research & Development $8.988M $8.447M
YoY Change 6.4% 17.11%
% of Gross Profit 5.41% 6.35%
Depreciation & Amortization $27.17M $21.29M
YoY Change 27.66% 62.04%
% of Gross Profit 16.35% 16.0%
Operating Expenses $112.9M $92.54M
YoY Change 21.98% 33.82%
Operating Profit $53.34M $40.53M
YoY Change 31.6% -2.54%
Interest Expense -$10.20M -$10.30M
YoY Change -0.97% 110.2%
% of Operating Profit -19.12% -25.41%
Other Income/Expense, Net -$126.0K $784.0K
YoY Change -116.07% 145.77%
Pretax Income $12.30M $11.60M
YoY Change 6.03% 0.0%
Income Tax $13.04M $9.124M
% Of Pretax Income 105.98% 78.66%
Net Earnings $29.94M $21.88M
YoY Change 36.86% -23.94%
Net Earnings / Revenue 14.93% 13.57%
Basic Earnings Per Share $0.62 $0.45
Diluted Earnings Per Share $0.61 $0.45
COMMON SHARES
Basic Shares Outstanding 47.97M shares 47.42M shares
Diluted Shares Outstanding 48.24M shares 47.77M shares

Balance Sheet

Concept 2016 Q1 2015 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $394.5M $539.5M
YoY Change -26.88% 74.69%
Cash & Equivalents $242.8M $392.0M
Short-Term Investments $151.7M $147.5M
Other Short-Term Assets $19.70M $26.70M
YoY Change -26.22% 1.14%
Inventory
Prepaid Expenses
Receivables $98.33M $82.57M
Other Receivables $0.00 $0.00
Total Short-Term Assets $430.6M $587.1M
YoY Change -26.66% 58.9%
LONG-TERM ASSETS
Property, Plant & Equipment $56.37M $36.62M
YoY Change 53.94% -5.69%
Goodwill $829.0M $669.4M
YoY Change 23.85% 38.51%
Intangibles
YoY Change
Long-Term Investments $81.90M $61.70M
YoY Change 32.74% 72.83%
Other Assets $5.372M $14.13M
YoY Change -61.97% 317.53%
Total Long-Term Assets $1.341B $1.111B
YoY Change 20.71% 37.38%
TOTAL ASSETS
Total Short-Term Assets $430.6M $587.1M
Total Long-Term Assets $1.341B $1.111B
Total Assets $1.772B $1.698B
YoY Change 4.33% 44.13%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $82.80M $81.00M
YoY Change 2.22% 49.72%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $0.00
YoY Change
Total Short-Term Liabilities $167.7M $157.9M
YoY Change 6.24% 37.78%
LONG-TERM LIABILITIES
Long-Term Debt $594.4M $595.3M
YoY Change -0.14% 142.18%
Other Long-Term Liabilities $17.55M $17.92M
YoY Change -2.05% 362.56%
Total Long-Term Liabilities $612.0M $613.2M
YoY Change -0.2% 145.6%
TOTAL LIABILITIES
Total Short-Term Liabilities $167.7M $157.9M
Total Long-Term Liabilities $612.0M $613.2M
Total Liabilities $863.8M $883.3M
YoY Change -2.21% 96.32%
SHAREHOLDERS EQUITY
Retained Earnings $640.0M $561.0M
YoY Change 14.07% 12.59%
Common Stock $480.0K $474.0K
YoY Change 1.27% 1.5%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares 0.000 shares 0.000 shares
Shareholders Equity $908.0M $815.0M
YoY Change
Total Liabilities & Shareholders Equity $1.772B $1.698B
YoY Change 4.33% 44.13%

Cashflow Statement

Concept 2016 Q1 2015 Q1
OPERATING ACTIVITIES
Net Income $29.94M $21.88M
YoY Change 36.86% -23.94%
Depreciation, Depletion And Amortization $27.17M $21.29M
YoY Change 27.66% 62.04%
Cash From Operating Activities $64.52M $45.72M
YoY Change 41.14% 22.58%
INVESTING ACTIVITIES
Capital Expenditures $4.321M $2.956M
YoY Change 46.18% 0.68%
Acquisitions $47.99M $72.22M
YoY Change -33.55% 47.17%
Other Investing Activities -$43.20M -$63.00M
YoY Change -31.43% 181.25%
Cash From Investing Activities -$47.80M -$66.32M
YoY Change -27.92% 152.98%
FINANCING ACTIVITIES
Cash Dividend Paid $15.82M $14.11M
YoY Change 12.1% 13.63%
Common Stock Issuance & Retirement, Net $1.786M $705.0K
YoY Change 153.33% -82.56%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$30.38M -$16.76M
YoY Change 81.25% 56.48%
NET CHANGE
Cash From Operating Activities $64.52M $45.72M
Cash From Investing Activities -$47.80M -$66.32M
Cash From Financing Activities -$30.38M -$16.76M
Net Change In Cash -$13.66M -$37.37M
YoY Change -63.44% -10309.84%
FREE CASH FLOW
Cash From Operating Activities $64.52M $45.72M
Capital Expenditures $4.321M $2.956M
Free Cash Flow $60.20M $42.76M
YoY Change 40.79% 24.45%

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DividendPayableDateToBePaidDayMonthAndYear
2015-06-03
CY2015Q3 us-gaap Dividend Payable Date To Be Paid Day Month And Year
DividendPayableDateToBePaidDayMonthAndYear
2015-09-01
CY2015Q4 us-gaap Dividend Payable Date To Be Paid Day Month And Year
DividendPayableDateToBePaidDayMonthAndYear
2015-12-03
CY2016Q1 us-gaap Dividend Payable Date To Be Paid Day Month And Year
DividendPayableDateToBePaidDayMonthAndYear
2016-03-10
CY2015Q1 us-gaap Dividends Payable Date Declared Day Month And Year
DividendsPayableDateDeclaredDayMonthAndYear
2015-02-10
CY2015Q2 us-gaap Dividends Payable Date Declared Day Month And Year
DividendsPayableDateDeclaredDayMonthAndYear
2015-05-06
CY2015Q3 us-gaap Dividends Payable Date Declared Day Month And Year
DividendsPayableDateDeclaredDayMonthAndYear
2015-08-03
CY2015Q4 us-gaap Dividends Payable Date Declared Day Month And Year
DividendsPayableDateDeclaredDayMonthAndYear
2015-11-03
CY2016Q1 us-gaap Dividends Payable Date Declared Day Month And Year
DividendsPayableDateDeclaredDayMonthAndYear
2016-02-10
CY2015Q1 us-gaap Dividends Payable Date Of Record Day Month And Year
DividendsPayableDateOfRecordDayMonthAndYear
2015-02-23
CY2015Q2 us-gaap Dividends Payable Date Of Record Day Month And Year
DividendsPayableDateOfRecordDayMonthAndYear
2015-05-19
CY2015Q3 us-gaap Dividends Payable Date Of Record Day Month And Year
DividendsPayableDateOfRecordDayMonthAndYear
2015-08-17
CY2015Q4 us-gaap Dividends Payable Date Of Record Day Month And Year
DividendsPayableDateOfRecordDayMonthAndYear
2015-11-17
CY2016Q1 us-gaap Dividends Payable Date Of Record Day Month And Year
DividendsPayableDateOfRecordDayMonthAndYear
2016-02-23
CY2015Q4 us-gaap Due From Affiliate Current
DueFromAffiliateCurrent
0 USD
CY2016Q1 us-gaap Due From Affiliate Current
DueFromAffiliateCurrent
0 USD
CY2015Q4 us-gaap Due To Affiliate Current
DueToAffiliateCurrent
0 USD
CY2016Q1 us-gaap Due To Affiliate Current
DueToAffiliateCurrent
0 USD
CY2015Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.45
CY2016Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.62
CY2015Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.45
CY2016Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.61
CY2015Q1 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
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CY2016Q1 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
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885000 USD
CY2015Q1 us-gaap Effective Income Tax Rate Continuing Operations
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0.294
CY2016Q1 us-gaap Effective Income Tax Rate Continuing Operations
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0.303
CY2016Q1 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.35
CY2015Q1 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
334000 USD
CY2016Q1 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
264000 USD
CY2015Q1 us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
334000 USD
CY2016Q1 us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
264000 USD
CY2015Q4 us-gaap Financial Liabilities Fair Value Disclosure
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32050000 USD
CY2016Q1 us-gaap Financial Liabilities Fair Value Disclosure
FinancialLiabilitiesFairValueDisclosure
16050000 USD
CY2015Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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209178000 USD
CY2016Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
231192000 USD
CY2016Q1 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
91200000 USD
CY2016Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
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98400000 USD
CY2016Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
21400000 USD
CY2016Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
28400000 USD
CY2016Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
44600000 USD
CY2016Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
67100000 USD
CY2015Q4 us-gaap Finite Lived Intangible Assets Gross
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CY2016Q1 us-gaap Finite Lived Intangible Assets Gross
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CY2015Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
319830000 USD
CY2016Q1 us-gaap Finite Lived Intangible Assets Net
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329878000 USD
CY2015Q1 us-gaap Gain Loss On Disposition Of Assets
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0 USD
CY2016Q1 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
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CY2015Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
46500000 USD
CY2016Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
55776000 USD
CY2015Q4 us-gaap Goodwill
Goodwill
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CY2016Q1 us-gaap Goodwill
Goodwill
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CY2016Q1 us-gaap Goodwill Acquired During Period
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24876000 USD
CY2016Q1 us-gaap Goodwill Purchase Accounting Adjustments
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CY2016Q1 us-gaap Goodwill Translation Adjustments
GoodwillTranslationAdjustments
2008000 USD
CY2015Q1 us-gaap Gross Profit
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CY2016Q1 us-gaap Gross Profit
GrossProfit
166214000 USD
CY2015Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
11600000 USD
CY2016Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
12300000 USD
CY2015Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
19400000 USD
CY2016Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
30700000 USD
CY2015Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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31001000 USD
CY2016Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
42979000 USD
CY2015Q1 us-gaap Income Loss From Subsidiaries Before Tax
IncomeLossFromSubsidiariesBeforeTax
0 USD
CY2016Q1 us-gaap Income Loss From Subsidiaries Before Tax
IncomeLossFromSubsidiariesBeforeTax
0 USD
CY2015Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
9124000 USD
CY2016Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
13036000 USD
CY2015Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
8100000 USD
CY2016Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
8900000 USD
CY2015Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-12902000 USD
CY2016Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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-23797000 USD
CY2015Q1 us-gaap Increase Decrease In Accounts Receivable
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-9254000 USD
CY2016Q1 us-gaap Increase Decrease In Accounts Receivable
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-15773000 USD
CY2015Q1 us-gaap Increase Decrease In Accrued Income Taxes Payable
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-1283000 USD
CY2016Q1 us-gaap Increase Decrease In Accrued Income Taxes Payable
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6360000 USD
CY2015Q1 us-gaap Increase Decrease In Deferred Revenue
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-1340000 USD
CY2016Q1 us-gaap Increase Decrease In Deferred Revenue
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1250000 USD
CY2015Q1 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-25000 USD
CY2016Q1 us-gaap Increase Decrease In Other Operating Assets
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727000 USD
CY2015Q1 us-gaap Increase Decrease In Other Operating Liabilities
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-50000 USD
CY2016Q1 us-gaap Increase Decrease In Other Operating Liabilities
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1272000 USD
CY2015Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
4000 USD
CY2016Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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-370000 USD
CY2015Q1 us-gaap Incremental Common Shares Attributable To Contingently Issuable Shares
IncrementalCommonSharesAttributableToContingentlyIssuableShares
0 shares
CY2016Q1 us-gaap Incremental Common Shares Attributable To Contingently Issuable Shares
IncrementalCommonSharesAttributableToContingentlyIssuableShares
38706 shares
CY2015Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
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CY2016Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
232674 shares
CY2015Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
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CY2016Q1 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
32811000 USD
CY2015Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
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CY2016Q1 us-gaap Interest Income Expense Net
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CY2015Q4 us-gaap Investments In And Advances To Affiliates Amount Of Equity
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0 USD
CY2016Q1 us-gaap Investments In And Advances To Affiliates Amount Of Equity
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0 USD
CY2015Q4 us-gaap Liabilities
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CY2016Q1 us-gaap Liabilities
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863790000 USD
CY2015Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1783719000 USD
CY2016Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1771834000 USD
CY2015Q4 us-gaap Liabilities Current
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196654000 USD
CY2016Q1 us-gaap Liabilities Current
LiabilitiesCurrent
167715000 USD
CY2015Q4 us-gaap Liability For Uncertain Tax Positions Noncurrent
LiabilityForUncertainTaxPositionsNoncurrent
35917000 USD
CY2016Q1 us-gaap Liability For Uncertain Tax Positions Noncurrent
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37658000 USD
CY2015Q4 us-gaap Long Term Debt
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CY2016Q1 us-gaap Long Term Debt
LongTermDebt
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CY2015Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
0 USD
CY2016Q1 us-gaap Long Term Debt Current
LongTermDebtCurrent
0 USD
CY2015Q4 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
790500000 USD
CY2016Q1 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
708700000 USD
CY2015Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
592037000 USD
CY2016Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
594406000 USD
CY2015Q4 us-gaap Long Term Investments
LongTermInvestments
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CY2016Q1 us-gaap Long Term Investments
LongTermInvestments
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CY2015Q4 us-gaap Marketable Securities
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CY2016Q1 us-gaap Marketable Securities
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CY2015Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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CY2016Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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CY2015Q1 us-gaap Net Cash Provided By Used In Investing Activities
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CY2016Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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CY2015Q1 us-gaap Net Cash Provided By Used In Operating Activities
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45716000 USD
CY2016Q1 us-gaap Net Cash Provided By Used In Operating Activities
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CY2015Q1 us-gaap Net Income Loss
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21877000 USD
CY2016Q1 us-gaap Net Income Loss
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29943000 USD
CY2015Q4 us-gaap Noncurrent Assets
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CY2016Q1 us-gaap Noncurrent Assets
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386248000 USD
CY2015Q1 us-gaap Operating Expenses
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CY2016Q1 us-gaap Operating Expenses
OperatingExpenses
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CY2015Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
40530000 USD
CY2016Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
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4607000 USD
CY2016Q1 us-gaap Other Assets Noncurrent
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5372000 USD
CY2016Q1 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
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3415000 USD
CY2015Q1 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
380000 USD
CY2016Q1 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
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CY2015Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-15237000 USD
CY2016Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
3415000 USD
CY2016Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax
0 USD
CY2015Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
0 USD
CY2016Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
0 USD
CY2015Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
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CY2016Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
1054000 USD
CY2016Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
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56000 USD
CY2016Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
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CY2015Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
177000 USD
CY2016Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
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-1441000 USD
CY2015Q4 us-gaap Other Intangible Assets Net
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17516000 USD
CY2016Q1 us-gaap Other Intangible Assets Net
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18239000 USD
CY2015Q4 us-gaap Other Liabilities Noncurrent
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CY2016Q1 us-gaap Other Liabilities Noncurrent
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17547000 USD
CY2015Q1 us-gaap Other Nonoperating Income Expense
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784000 USD
CY2016Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
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CY2016Q1 us-gaap Other Payments To Acquire Businesses
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20000000 USD
CY2015Q1 us-gaap Payments For Repurchase Of Common Stock
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705000 USD
CY2016Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
1786000 USD
CY2015Q1 us-gaap Payments Of Distributions To Affiliates
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0 USD
CY2016Q1 us-gaap Payments Of Distributions To Affiliates
PaymentsOfDistributionsToAffiliates
0 USD
CY2015Q1 us-gaap Payments Of Dividends
PaymentsOfDividends
14110000 USD
CY2016Q1 us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
21402000 USD
CY2015Q1 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
72215000 USD
CY2016Q1 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
47989000 USD
CY2016Q1 us-gaap Payments Of Dividends
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15817000 USD
CY2015Q1 us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
19819000 USD
CY2015Q1 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
327000 USD
CY2016Q1 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
316000 USD
CY2015Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
2956000 USD
CY2016Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
4321000 USD
CY2015Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2016Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
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0.01
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25722000 USD
CY2016Q1 us-gaap Prepaid Expense And Other Assets Current
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19706000 USD
CY2015Q4 us-gaap Prepaid Taxes
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11600000 USD
CY2016Q1 us-gaap Prepaid Taxes
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5500000 USD
CY2015Q1 us-gaap Proceeds From Payments For Other Financing Activities
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CY2016Q1 us-gaap Proceeds From Payments For Other Financing Activities
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CY2015Q1 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
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28994000 USD
CY2016Q1 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
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26224000 USD
CY2015Q1 us-gaap Proceeds From Stock Options Exercised
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65000 USD
CY2016Q1 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
1312000 USD
CY2015Q1 us-gaap Proceeds From Stock Plans
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61000 USD
CY2016Q1 us-gaap Proceeds From Stock Plans
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58000 USD
CY2015Q1 us-gaap Profit Loss
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21877000 USD
CY2016Q1 us-gaap Profit Loss
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29943000 USD
CY2015Q1 us-gaap Property Plant And Equipment Additions
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2956000 USD
CY2016Q1 us-gaap Property Plant And Equipment Additions
PropertyPlantAndEquipmentAdditions
4321000 USD
CY2015Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
57442000 USD
CY2016Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
56370000 USD
CY2015Q1 us-gaap Provision For Doubtful Accounts
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1610000 USD
CY2016Q1 us-gaap Provision For Doubtful Accounts
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2825000 USD
CY2015Q1 us-gaap Research And Development Expense
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8447000 USD
CY2016Q1 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
8988000 USD
CY2015Q4 us-gaap Retained Earnings Accumulated Deficit
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626789000 USD
CY2016Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
640001000 USD
CY2015Q1 us-gaap Revenues
Revenues
161253000 USD
CY2016Q1 us-gaap Revenues
Revenues
200502000 USD
CY2015Q1 us-gaap Selling And Marketing Expense
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37590000 USD
CY2016Q1 us-gaap Selling And Marketing Expense
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48112000 USD
CY2015Q1 us-gaap Share Based Compensation
ShareBasedCompensation
3004000 USD
CY2016Q1 us-gaap Share Based Compensation
ShareBasedCompensation
2809000 USD
CY2016Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
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409655 shares
CY2016Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
24.76
CY2015Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
100000 USD
CY2016Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
1800000 USD
CY2016Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
9700 shares
CY2016Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0 shares
CY2016Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
16199622 USD
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
566428 shares
CY2016Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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48238098 shares
CY2016Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
505270 shares
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
29.74
CY2016Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
30.23
CY2016Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
16123590 USD
CY2016Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
486871 shares
CY2016Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
29.01
CY2016Q1 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
25.51
CY2016Q1 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
26.92
CY2016Q1 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
0.00
CY2016Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
15082140 USD
CY2016Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P3Y3M18D
CY2016Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P4Y2M1D
CY2016Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P4Y
CY2016Q1 us-gaap Shares Paid For Tax Withholding For Share Based Compensation
SharesPaidForTaxWithholdingForShareBasedCompensation
29068 shares
CY2015Q4 us-gaap Short Term Investments
ShortTermInvestments
79655000 USD
CY2016Q1 us-gaap Short Term Investments
ShortTermInvestments
69821000 USD
CY2016Q1 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
51458 shares
CY2016Q1 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
2100000 shares
CY2015Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
890208000 USD
CY2016Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
908044000 USD
CY2015Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
5589000 USD
CY2016Q1 us-gaap Taxes Payable Current
TaxesPayableCurrent
5729000 USD
CY2015Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
0 shares
CY2016Q1 us-gaap Treasury Stock Shares
TreasuryStockShares
0 shares
CY2016Q1 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
58600000 USD
CY2015Q4 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
9149000 USD
CY2016Q1 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
8813000 USD
CY2015Q1 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
360000 USD
CY2016Q1 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
412000 USD
CY2015Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
35900000 USD
CY2016Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
37700000 USD
CY2015Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
47766088 shares
CY2015Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
47422396 shares
CY2016Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
47966718 shares
CY2016Q1 us-gaap Comparability Of Prior Year Financial Data
ComparabilityOfPriorYearFinancialData
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Reclassifications</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:60px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Certain prior year reported amounts have been reclassified to conform with the 2016 presentation.</font></div></div>
CY2016Q1 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Use of Estimates</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:60px;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 ("GAAP") requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements, including judgments about investment classifications, and the reported amounts of net revenue and expenses during the reporting period. We believe that our most significant estimates are those related to valuation and impairment of marketable securities, valuation of assets acquired and liabilities assumed in connection with business combinations, long-lived and intangible asset impairment, contingent consideration, income taxes and contingencies and allowances for doubtful accounts. On an ongoing basis, management evaluates its estimates based on historical experience and on various other factors that the Company believes to be reasonable under the circumstances. Actual results could materially differ from those estimates.</font></div><div style="line-height:120%;text-align:justify;text-indent:60px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></div>

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