2015 Q1 Form 10-Q Financial Statement
#000119312515184075 Filed on May 12, 2015
Income Statement
Concept | 2015 Q1 | 2014 Q1 |
---|---|---|
Revenue | $127.3M | $66.24M |
YoY Change | 92.13% | 69.85% |
Cost Of Revenue | $13.02M | $6.164M |
YoY Change | 111.21% | 50.34% |
Gross Profit | $114.3M | $60.08M |
YoY Change | 90.17% | 72.64% |
Gross Profit Margin | 89.77% | 90.69% |
Selling, General & Admin | $97.31M | $49.82M |
YoY Change | 95.32% | 77.94% |
% of Gross Profit | 85.17% | 82.93% |
Research & Development | $37.33M | $16.74M |
YoY Change | 123.04% | 161.48% |
% of Gross Profit | 32.67% | 27.85% |
Depreciation & Amortization | $14.03M | $8.074M |
YoY Change | 73.74% | 68.21% |
% of Gross Profit | 12.28% | 13.44% |
Operating Expenses | $134.6M | $66.56M |
YoY Change | 102.29% | 71.98% |
Operating Profit | -$57.92M | -$6.478M |
YoY Change | 794.15% | 66.1% |
Interest Expense | $730.0K | $200.0K |
YoY Change | 265.0% | 100.0% |
% of Operating Profit | ||
Other Income/Expense, Net | $300.0K | |
YoY Change | ||
Pretax Income | -$58.38M | -$6.300M |
YoY Change | 826.73% | 70.27% |
Income Tax | $0.00 | |
% Of Pretax Income | ||
Net Earnings | -$58.38M | -$6.259M |
YoY Change | 832.8% | 69.16% |
Net Earnings / Revenue | -45.87% | -9.45% |
Basic Earnings Per Share | ||
Diluted Earnings Per Share | -$1.189M | -$160.3K |
COMMON SHARES | ||
Basic Shares Outstanding | ||
Diluted Shares Outstanding |
Balance Sheet
Concept | 2015 Q1 | 2014 Q1 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $628.4M | $309.4M |
YoY Change | 103.1% | 72.75% |
Cash & Equivalents | $125.8M | $153.7M |
Short-Term Investments | $320.6M | $155.8M |
Other Short-Term Assets | $25.00M | $6.800M |
YoY Change | 267.65% | 54.55% |
Inventory | ||
Prepaid Expenses | ||
Receivables | $31.27M | $14.90M |
Other Receivables | $0.00 | $0.00 |
Total Short-Term Assets | $684.7M | $331.1M |
YoY Change | 106.81% | 71.55% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $72.94M | $31.10M |
YoY Change | 134.52% | 85.12% |
Goodwill | $1.833B | |
YoY Change | ||
Intangibles | $569.1M | |
YoY Change | ||
Long-Term Investments | $0.00 | $137.9M |
YoY Change | -100.0% | 449.4% |
Other Assets | $1.171M | $400.0K |
YoY Change | 192.75% | 33.33% |
Total Long-Term Assets | $2.483B | $290.4M |
YoY Change | 755.19% | 149.06% |
TOTAL ASSETS | ||
Total Short-Term Assets | $684.7M | $331.1M |
Total Long-Term Assets | $2.483B | $290.4M |
Total Assets | $3.168B | $621.5M |
YoY Change | 409.77% | 100.74% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $13.66M | $6.400M |
YoY Change | 113.45% | 45.45% |
Accrued Expenses | $52.47M | $19.40M |
YoY Change | 170.45% | 173.24% |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | ||
YoY Change | ||
Total Short-Term Liabilities | $115.0M | $38.50M |
YoY Change | 198.75% | 98.45% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $230.0M | $0.00 |
YoY Change | ||
Other Long-Term Liabilities | $11.80M | $7.500M |
YoY Change | 57.33% | 102.7% |
Total Long-Term Liabilities | $230.0M | $7.500M |
YoY Change | 2966.67% | 102.7% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $115.0M | $38.50M |
Total Long-Term Liabilities | $230.0M | $7.500M |
Total Liabilities | $345.0M | $46.00M |
YoY Change | 650.04% | 99.13% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | -$186.1M | |
YoY Change | ||
Common Stock | $2.854B | |
YoY Change | ||
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $588.8M | $575.5M |
YoY Change | ||
Total Liabilities & Shareholders Equity | $3.168B | $621.5M |
YoY Change | 409.77% | 100.74% |
Cashflow Statement
Concept | 2015 Q1 | 2014 Q1 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | -$58.38M | -$6.259M |
YoY Change | 832.8% | 69.16% |
Depreciation, Depletion And Amortization | $14.03M | $8.074M |
YoY Change | 73.74% | 68.21% |
Cash From Operating Activities | $1.500M | $14.20M |
YoY Change | -89.44% | 517.39% |
INVESTING ACTIVITIES | ||
Capital Expenditures | $10.32M | $7.872M |
YoY Change | 31.11% | -219.27% |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | $182.4M | -$58.60M |
YoY Change | -411.26% | 211.7% |
Cash From Investing Activities | $171.8M | -$67.60M |
YoY Change | -354.14% | 166.14% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | 8.800M | 5.300M |
YoY Change | 66.04% | 3.92% |
NET CHANGE | ||
Cash From Operating Activities | 1.500M | 14.20M |
Cash From Investing Activities | 171.8M | -67.60M |
Cash From Financing Activities | 8.800M | 5.300M |
Net Change In Cash | 182.1M | -48.10M |
YoY Change | -478.59% | 167.22% |
FREE CASH FLOW | ||
Cash From Operating Activities | $1.500M | $14.20M |
Capital Expenditures | $10.32M | $7.872M |
Free Cash Flow | -$8.821M | $6.328M |
YoY Change | -239.4% | -28.9% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2015Q1 | us-gaap |
Debt Instrument Interest Rate Stated Percentage
DebtInstrumentInterestRateStatedPercentage
|
0.0275 | pure |
CY2015Q1 | us-gaap |
Sale Of Stock Price Per Share
SaleOfStockPricePerShare
|
109.14 | |
CY2015Q1 | us-gaap |
Debt Instrument Face Amount
DebtInstrumentFaceAmount
|
230000000 | |
CY2015Q1 | us-gaap |
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Intangible Assets Other Than Goodwill
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleAssetsOtherThanGoodwill
|
549000000 | |
CY2014Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
153654000 | |
CY2015Q1 | us-gaap |
Share Price
SharePrice
|
109.14 | |
CY2015Q1 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2015Q1 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
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CY2015Q1 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.0001 | |
CY2015Q1 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2015Q1 | us-gaap |
Operating Leases Future Minimum Payments Remainder Of Fiscal Year
OperatingLeasesFutureMinimumPaymentsRemainderOfFiscalYear
|
13046000 | |
CY2015Q1 | us-gaap |
Deferred Rent Credit Current
DeferredRentCreditCurrent
|
968000 | |
CY2015Q1 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
61754000 | |
CY2015Q1 | us-gaap |
Restructuring Reserve
RestructuringReserve
|
9901000 | |
CY2015Q1 | us-gaap |
Recorded Unconditional Purchase Obligation Due In Fourth Year
RecordedUnconditionalPurchaseObligationDueInFourthYear
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14000000 | |
CY2015Q1 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
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CY2015Q1 | us-gaap |
Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
|
103393000 | |
CY2015Q1 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
115020000 | |
CY2015Q1 | us-gaap |
Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
|
0 | |
CY2015Q1 | us-gaap |
Restructuring Reserve Current
RestructuringReserveCurrent
|
7369000 | |
CY2015Q1 | us-gaap |
Recorded Unconditional Purchase Obligation
RecordedUnconditionalPurchaseObligation
|
117499000 | |
CY2015Q1 | us-gaap |
Recorded Unconditional Purchase Obligation Due In Remainder Of Fiscal Year
RecordedUnconditionalPurchaseObligationDueInRemainderOfFiscalYear
|
23728000 | |
CY2015Q1 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
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CY2015Q1 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
138000 | |
CY2015Q1 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
13661000 | |
CY2015Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
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CY2015Q1 | us-gaap |
Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
|
27206000 | |
CY2015Q1 | us-gaap |
Debt Instrument Face Amount
DebtInstrumentFaceAmount
|
230000000 | |
CY2015Q1 | us-gaap |
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AdditionalPaidInCapitalCommonStock
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CY2015Q1 | us-gaap |
Accrued Liabilities Current
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|
52468000 | |
CY2015Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
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RecordedUnconditionalPurchaseObligationDueInThirdYear
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Operating Leases Future Minimum Payments Due
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211468000 | |
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Operating Leases Future Minimum Payments Due In Five Years
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23734000 | |
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CY2015Q1 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
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CY2015Q1 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
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RecordedUnconditionalPurchaseObligationDueAfterFifthYear
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CY2015Q1 | us-gaap |
Deferred Revenue Current
DeferredRevenueCurrent
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23768000 | |
CY2015Q1 | us-gaap |
Recorded Unconditional Purchase Obligation Due In Fifth Year
RecordedUnconditionalPurchaseObligationDueInFifthYear
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Operating Leases Future Minimum Payments Due In Two Years
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Liability For Future Policy Benefits
LiabilityForFuturePolicyBenefits
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Debt Instrument Unamortized Premium
DebtInstrumentUnamortizedPremium
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Cash And Cash Equivalents At Carrying Value
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CY2015Q1 | us-gaap |
Goodwill
Goodwill
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CY2015Q1 | us-gaap |
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CY2015Q1 | us-gaap |
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CY2015Q1 | us-gaap |
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CY2015Q1 | us-gaap |
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Assets
Assets
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Business Acquisition Cost Of Acquired Entity Transaction Costs
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|
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|
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CY2015Q1 | us-gaap |
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|
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CY2015Q1 | us-gaap |
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|
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CY2015Q1 | us-gaap |
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|
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Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
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CY2015Q1 | z |
Share Based Compensation Arrangement By Share Based Payment Award Options And Stock Appreciation Rights Outstanding Intrinsic Value
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|
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Availableforsale Securities Debt Maturities After One Through Two Years Amortized Cost
AvailableforsaleSecuritiesDebtMaturitiesAfterOneThroughTwoYearsAmortizedCost
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CY2015Q1 | z |
Share Based Compensation Arrangement By Share Based Payment Award Options And Stock Appreciation Rights Outstanding Number
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CY2015Q1 | z |
Number Of Categories
NumberOfCategories
|
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CY2015Q1 | z |
Surety Bonds Amount Outstanding
SuretyBondsAmountOutstanding
|
2000000 | |
CY2015Q1 | z |
Share Based Compensation Arrangement By Share Based Payment Award Options And Stock Appreciation Rights Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAndStockAppreciationRightsWeightedAverageExercisePrice
|
68.10 | |
CY2015Q1 | z |
Future Amortization Expense Including Intangible Assets And Future Commitments
FutureAmortizationExpenseIncludingIntangibleAssetsAndFutureCommitments
|
266609000 | |
CY2015Q1 | z |
Finitelived Intangible Assets And Future Commitments Amortization Expense Year Two
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|
47995000 | |
CY2015Q1 | z |
Finitelived Intangible Assets And Future Commitments Amortization Expense Year Three
FinitelivedIntangibleAssetsAndFutureCommitmentsAmortizationExpenseYearThree
|
44092000 | |
CY2015Q1 | z |
Finitelived Intangible Assets And Future Commitments Amortization Expense Year Four
FinitelivedIntangibleAssetsAndFutureCommitmentsAmortizationExpenseYearFour
|
33888000 | |
CY2015Q1 | z |
Finitelived Intangible Assets And Future Commitments Amortization Expense Year Five
FinitelivedIntangibleAssetsAndFutureCommitmentsAmortizationExpenseYearFive
|
30872000 | |
CY2015Q1 | z |
Finitelived Intangible Assets And Future Commitments Amortization Expense After Year Five
FinitelivedIntangibleAssetsAndFutureCommitmentsAmortizationExpenseAfterYearFive
|
75222000 | |
CY2015Q1 | z |
Finitelived Intangible Assets And Future Commitments Amortization Expense Remainder Of Fiscal Year
FinitelivedIntangibleAssetsAndFutureCommitmentsAmortizationExpenseRemainderOfFiscalYear
|
34540000 | |
CY2015Q1 | z |
Sharebased Compensation Arrangement By Sharebased Payment Award Options And Stock Appreciation Rights Vested And Exercisable Intrinsic Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsAndStockAppreciationRightsVestedAndExercisableIntrinsicValue
|
182024000 | |
CY2015Q1 | z |
Share Based Compensation Arrangement By Share Based Payment Award Options And Stock Appreciation Rights Vested And Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAndStockAppreciationRightsVestedAndExercisableNumber
|
2621756 | shares |
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Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
201760000 | |
CY2013Q4 | z |
Share Based Compensation Arrangement By Share Based Payment Award Options And Stock Appreciation Rights Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAndStockAppreciationRightsOutstandingIntrinsicValue
|
283009000 | |
CY2013Q4 | z |
Share Based Compensation Arrangement By Share Based Payment Award Options And Stock Appreciation Rights Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAndStockAppreciationRightsOutstandingNumber
|
5156706 | shares |
CY2013Q4 | z |
Share Based Compensation Arrangement By Share Based Payment Award Options And Stock Appreciation Rights Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAndStockAppreciationRightsWeightedAverageExercisePrice
|
27.09 | |
CY2014Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2014Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
30000000 | shares |
CY2014Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.0001 | |
CY2014Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2014Q4 | us-gaap |
Deferred Rent Credit Current
DeferredRentCreditCurrent
|
864000 | |
CY2014Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
66704000 | |
CY2014Q4 | us-gaap |
Restructuring Reserve
RestructuringReserve
|
2761000 | |
CY2014Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
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CY2014Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
49196000 | |
CY2014Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
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CY2014Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
9358000 | |
CY2014Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-127731000 | |
CY2014Q4 | us-gaap |
Additional Paid In Capital Common Stock
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|
716506000 | |
CY2014Q4 | us-gaap |
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AccruedLiabilitiesCurrent
|
16883000 | |
CY2014Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
588779000 | |
CY2014Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
649730000 | |
CY2014Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
23939000 | |
CY2014Q4 | us-gaap |
Deferred Revenue Current
DeferredRevenueCurrent
|
15356000 | |
CY2014Q4 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
6735000 | |
CY2014Q4 | us-gaap |
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DeferredRentCreditNoncurrent
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11755000 | |
CY2014Q4 | us-gaap |
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|
2811000 | |
CY2014Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
125765000 | |
CY2014Q4 | us-gaap |
Goodwill
Goodwill
|
96352000 | |
CY2014Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
41600000 | |
CY2014Q4 | us-gaap |
Assets Fair Value Disclosure
AssetsFairValueDisclosure
|
440810000 | |
CY2014Q4 | us-gaap |
Held To Maturity Securities Noncurrent
HeldToMaturitySecuritiesNoncurrent
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83326000 | |
CY2014Q4 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
10059000 | |
CY2014Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
26757000 | |
CY2014Q4 | us-gaap |
Held To Maturity Securities Current
HeldToMaturitySecuritiesCurrent
|
246829000 | |
CY2014Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
108304000 | |
CY2014Q4 | us-gaap |
Assets
Assets
|
649730000 | |
CY2014Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
18684000 | |
CY2014Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
26757000 | |
CY2014Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
358000 | |
CY2014Q4 | us-gaap |
Assets Current
AssetsCurrent
|
401337000 | |
CY2014Q4 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
50696000 | |
CY2014Q4 | z |
Share Based Compensation Arrangement By Share Based Payment Award Options And Stock Appreciation Rights Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAndStockAppreciationRightsOutstandingIntrinsicValue
|
311040000 | |
CY2014Q4 | z |
Share Based Compensation Arrangement By Share Based Payment Award Options And Stock Appreciation Rights Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAndStockAppreciationRightsOutstandingNumber
|
5799764 | shares |
CY2014Q4 | z |
Surety Bonds Amount Outstanding
SuretyBondsAmountOutstanding
|
0 | |
CY2014Q4 | z |
Share Based Compensation Arrangement By Share Based Payment Award Options And Stock Appreciation Rights Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAndStockAppreciationRightsWeightedAverageExercisePrice
|
54.37 | |
CY2015Q1 | us-gaap |
Held To Maturity Securities Transferred Security At Carrying Value
HeldToMaturitySecuritiesTransferredSecurityAtCarryingValue
|
440800000 | |
CY2015Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
0.00 | pure |
CY2015Q1 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
|
P3Y | |
CY2015Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
|
0.0110 | pure |
CY2015Q1 | us-gaap |
Conversion Of Stock Shares Converted1
ConversionOfStockSharesConverted1
|
0.444 | shares |
CY2015Q1 | us-gaap |
Restructuring And Related Cost Number Of Positions Eliminated
RestructuringAndRelatedCostNumberOfPositionsEliminated
|
350 | Employee |
CY2015Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
|
0.53 | pure |
CY2015Q1 | us-gaap |
Held To Maturity Securities Transferred To Available For Sale Securities Unrealized Gain Loss
HeldToMaturitySecuritiesTransferredToAvailableForSaleSecuritiesUnrealizedGainLoss
|
100000 | |
CY2013 | z |
Share Based Compensation Arrangement By Share Based Payment Award Options And Stock Appreciation Rights Outstanding Weighted Average Remaining Contractual Terms
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAndStockAppreciationRightsOutstandingWeightedAverageRemainingContractualTerms
|
P5Y5M5D | |
CY2014 | us-gaap |
Restructuring And Related Cost Expected Number Of Positions Eliminated
RestructuringAndRelatedCostExpectedNumberOfPositionsEliminated
|
80 | Employee |
CY2014 | us-gaap |
Impairment Of Investments
ImpairmentOfInvestments
|
0 | |
CY2014 | z |
Share Based Compensation Arrangement By Share Based Payment Award Options And Stock Appreciation Rights Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAndStockAppreciationRightsGrantsInPeriod
|
2219458 | shares |
CY2014 | z |
Share Based Compensation Arrangement By Share Based Payment Award Options And Stock Appreciation Rights Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAndStockAppreciationRightsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
|
62.76 | |
CY2014 | z |
Number Of Customers That Accounted For More Than Ten Percent Of Revenue During Period
NumberOfCustomersThatAccountedForMoreThanTenPercentOfRevenueDuringPeriod
|
0 | Customer |
CY2014 | z |
Share Based Compensation Arrangement By Share Based Payment Award Options And Stock Appreciation Rights Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAndStockAppreciationRightsForfeituresInPeriod
|
252891 | shares |
CY2014 | z |
Share Based Compensation Arrangement By Share Based Payment Award Options And Stock Appreciation Rights Grant In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAndStockAppreciationRightsGrantInPeriodWeightedAverageExercisePrice
|
97.06 | |
CY2014 | z |
Share Based Compensation Arrangement By Share Based Payment Award Options And Stock Appreciation Rights Outstanding Weighted Average Remaining Contractual Terms
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAndStockAppreciationRightsOutstandingWeightedAverageRemainingContractualTerms
|
P5Y3M26D | |
CY2014 | z |
Share Based Compensation Arrangement By Share Based Payment Award Options And Stock Appreciation Rights Exercises In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAndStockAppreciationRightsExercisesInPeriod
|
1323509 | shares |
CY2014 | z |
Share Based Compensation Arrangements By Share Based Payment Award Options And Stock Appreciation Rights Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsAndStockAppreciationRightsExercisesInPeriodWeightedAverageExercisePrice
|
18.08 | |
CY2015Q1 | us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
1 | Segment |
CY2014Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
36.93 | |
CY2014Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
14205000 | |
CY2014Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
0 | pure |
CY2014Q1 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
|
P4Y6M29D | |
CY2014Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
|
0.0137 | pure |
CY2014Q1 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
39322000 | shares |
CY2014Q1 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.16 | |
CY2014Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
|
0.53 | pure |
CY2014Q1 | us-gaap |
Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
|
103094000 | |
CY2014Q1 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
1920000 | |
CY2014Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-6478000 | |
CY2014Q1 | us-gaap |
Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
|
-235000 | |
CY2014Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-6259000 | |
CY2014Q1 | us-gaap |
Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
|
-23806000 | |
CY2014Q1 | us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
1147000 | |
CY2014Q1 | us-gaap |
Advertising Revenue
AdvertisingRevenue
|
12519000 | |
CY2014Q1 | us-gaap |
Revenues
Revenues
|
66243000 | |
CY2014Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
7872000 | |
CY2014Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-6259000 | |
CY2014Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
260000 | |
CY2014Q1 | us-gaap |
Sales Revenue Services Net
SalesRevenueServicesNet
|
53724000 | |
CY2014Q1 | us-gaap |
Other Nonoperating Income
OtherNonoperatingIncome
|
219000 | |
CY2014Q1 | us-gaap |
Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
|
120732000 | |
CY2014Q1 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
7132000 | |
CY2014Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
8074000 | |
CY2014Q1 | us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
-158000 | |
CY2014Q1 | us-gaap |
Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
|
1070000 | |
CY2014Q1 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
16735000 | |
CY2014Q1 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
35133000 | |
CY2014Q1 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
635000 | |
CY2014Q1 | us-gaap |
Proceeds From Maturities Prepayments And Calls Of Held To Maturity Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities
|
44539000 | |
CY2014Q1 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
6784000 | |
CY2014Q1 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-48106000 | |
CY2014Q1 | us-gaap |
Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
|
1586000 | |
CY2014Q1 | us-gaap |
Production Related Impairments Or Charges
ProductionRelatedImpairmentsOrCharges
|
1498000 | |
CY2014Q1 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
6164000 | |
CY2014Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
5263000 | |
CY2014Q1 | us-gaap |
Other Depreciation And Amortization
OtherDepreciationAndAmortization
|
1300000 | |
CY2014Q1 | us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
812000 | |
CY2014Q1 | us-gaap |
Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
|
0 | |
CY2014Q1 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
2468000 | |
CY2014Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-67574000 | |
CY2014Q1 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
5263000 | |
CY2014Q1 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
72721000 | |
CY2014Q1 | us-gaap |
Lease And Rental Expense
LeaseAndRentalExpense
|
1500000 | |
CY2014Q1 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
14689000 | |
CY2014Q1 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
1679000 | |
CY2014Q1 | us-gaap |
Capitalized Computer Software Additions
CapitalizedComputerSoftwareAdditions
|
5600000 | |
CY2014Q1 | z |
Business Acquisition Pro Forma Earnings Per Share Basic And Diluted
BusinessAcquisitionProFormaEarningsPerShareBasicAndDiluted
|
-0.42 | |
CY2014Q1 | z |
Deferred Rent
DeferredRent
|
-697000 | |
CY2015Q1 | us-gaap |
Business Acquisition Date Of Acquisition Agreement1
BusinessAcquisitionDateOfAcquisitionAgreement1
|
2014-07-28 | |
CY2015Q1 | us-gaap |
Revenue Recognition Multiple Element Arrangements
RevenueRecognitionMultipleElementArrangements
|
<div> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 0pt; TEXT-INDENT: 4%"> <b><i>Multiple-Element Arrangements.</i></b> We enter into arrangements with customers that include combinations of CPC media placements, CPM media placements and subscription products.</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt; TEXT-INDENT: 4%"> We allocate arrangement consideration in multiple-element revenue arrangements at the inception of an arrangement to all deliverables or those packages in which all components of the package are delivered at the same time based on the relative selling price method in accordance with the selling price hierarchy, which includes: (i) vendor-specific objective evidence (“VSOE”) if available; (ii) third-party evidence (“TPE”) if VSOE is not available; and (iii) best estimate of selling price (“BESP”) if neither VSOE nor TPE is available.</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 4%; MARGIN-TOP: 6pt"> <i>VSOE -</i> We determine VSOE based on our historical pricing and discounting practices for the specific product when sold separately. In determining VSOE, we require that a substantial majority of the standalone selling prices for these products fall within a reasonably narrow pricing range. For certain subscription products, we have been able to establish VSOE.</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 4%; MARGIN-TOP: 6pt"> <i>TPE -</i> When VSOE cannot be established for deliverables in multiple-element arrangements, we apply judgment with respect to whether it can establish a selling price based on TPE. TPE is determined based on competitor prices for similar deliverables when sold separately. Generally, our go-to-market strategy differs from that of our peers and our offerings contain a significant level of differentiation such that the comparable pricing of the products cannot be obtained. Furthermore, we are unable to reliably determine what similar competitor selling prices are on a standalone basis. As a result, we have not been able to establish selling price based on TPE.</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 4%; MARGIN-TOP: 6pt"> <i>BESP -</i> When we are unable to establish selling price using VSOE or TPE, we use BESP in our allocation of arrangement consideration. The objective of BESP is to determine the price at which we would transact a sale if the service was sold regularly on a standalone basis. As we have not been able to establish VSOE or TPE for CPM display placements, CPC display placements and certain subscription products, we determine BESP for these deliverables based on the following:</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 6pt; MARGIN-TOP: 0pt">  </p> <table style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0" width="100%" border="0"> <tr> <td width="8%"> </td> <td valign="top" width="4%" align="left">•</td> <td valign="top" width="1%"> </td> <td valign="top" align="left">The list price represents a component of the go-to-market strategy established by senior management. Our list prices are based on the features of the products offered. These features, which consist of the size and placement of the advertisements on our mobile applications and websites, impact the list prices which vary depending on the specifications of the features. In addition, the list prices are impacted by market conditions, including the conditions of the real estate market and economy in general, and our competitive landscape; and</td> </tr> </table> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 6pt; MARGIN-TOP: 0pt">  </p> <table style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0" width="100%" border="0"> <tr> <td width="8%"> </td> <td valign="top" width="4%" align="left">•</td> <td valign="top" width="1%"> </td> <td valign="top" align="left">Analysis of our current and historical selling prices for these deliverables.</td> </tr> </table> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt; TEXT-INDENT: 4%"> We limit the amount of allocable arrangement consideration to amounts that are fixed or determinable and that are not contingent on future performance or future deliverables. We regularly review our BESP. Changes in assumptions or judgments or changes to the elements in the arrangement could cause a material increase or decrease in the amount of revenue that we report in a particular period.</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt; TEXT-INDENT: 4%"> We recognize the relative fair value of the products as they are delivered assuming all other revenue recognition criteria are met.</p> </div> | |
CY2015Q1 | dei |
Document Type
DocumentType
|
10-Q | |
CY2015Q1 | dei |
Entity Registrant Name
EntityRegistrantName
|
Zillow Group, Inc. | |
CY2015Q1 | dei |
Trading Symbol
TradingSymbol
|
Z | |
CY2015Q1 | us-gaap |
Additional Cash And Cash Equivalent Related Text
AdditionalCashAndCashEquivalentRelatedText
|
Less than three months | |
CY2015Q1 | us-gaap |
Fair Value Assumptions Expected Term
FairValueAssumptionsExpectedTerm
|
P5Y9M29D | |
CY2015Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
47.57 | |
CY2015Q1 | dei |
Entity Filer Category
EntityFilerCategory
|
Large Accelerated Filer | |
CY2015Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
|
0.0124 | pure |
CY2015Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
1455000 | |
CY2015Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
0 | pure |
CY2015Q1 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
|
P4Y6M29D | |
CY2015Q1 | us-gaap |
Defined Contribution Plan Employer Matching Contribution Percent Of Match
DefinedContributionPlanEmployerMatchingContributionPercentOfMatch
|
0.015 | pure |
CY2015Q1 | us-gaap |
Fair Value Assumptions Expected Volatility Rate
FairValueAssumptionsExpectedVolatilityRate
|
0.35 | pure |
CY2015Q1 | us-gaap |
Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
|
59896000 | |
CY2015Q1 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<div> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 18pt"> <b><i>Use of Estimates</i></b></p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 6pt; TEXT-INDENT: 4%"> The preparation of financial statements in conformity with GAAP requires management to make certain estimates, judgments and assumptions that affect the reported amounts of assets and liabilities and the related disclosures at the date of the financial statements, as well as the reported amounts of revenue and expenses during the periods presented. On an ongoing basis, we evaluate our estimates, including those related to revenue recognition, website development costs, recoverability of long-lived assets and intangible assets with definite lives, share-based compensation, income tax uncertainties, including a valuation allowance for deferred tax assets, business combinations, goodwill, and restructuring, among others. To the extent there are material differences between these estimates, judgments, or assumptions and actual results, our financial statements will be affected.</p> </div> | |
CY2015Q1 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
49130000 | shares |
CY2015Q1 | dei |
Document Period End Date
DocumentPeriodEndDate
|
2015-03-31 | |
CY2015Q1 | us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
1 | Segment |
CY2015Q1 | dei |
Amendment Flag
AmendmentFlag
|
false | |
CY2015Q1 | dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | |
CY2015Q1 | dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2015 | |
CY2015Q1 | us-gaap |
Fair Value Assumptions Risk Free Interest Rate
FairValueAssumptionsRiskFreeInterestRate
|
0.0178 | pure |
CY2015Q1 | us-gaap |
Finite Lived Intangible Assets Remaining Amortization Period1
FiniteLivedIntangibleAssetsRemainingAmortizationPeriod1
|
P6Y3M18D | |
CY2015Q1 | us-gaap |
Payments For Proceeds From Investments
PaymentsForProceedsFromInvestments
|
-4979000 | |
CY2015Q1 | us-gaap |
Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
|
<div> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 18pt"> <b><i>Reclassifications</i></b></p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 6pt; TEXT-INDENT: 4%"> Certain immaterial reclassifications have been made in the condensed consolidated statements of operations and statements of cash flows to conform data for prior periods to the current format.</p> </div> | |
CY2015Q1 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001617640 | |
CY2015Q1 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-1.19 | |
CY2015Q1 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-5477000 | |
CY2015Q1 | us-gaap |
Payments For Restructuring
PaymentsForRestructuring
|
3374000 | |
CY2015Q1 | us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
139000 | |
CY2015Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-57923000 | |
CY2015Q1 | us-gaap |
Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
|
-87000 | |
CY2015Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-58245000 | |
CY2015Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
|
0.56 | pure |
CY2015Q1 | dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q1 | |
CY2015Q1 | us-gaap |
Business Acquisition Effective Date Of Acquisition1
BusinessAcquisitionEffectiveDateOfAcquisition1
|
2015-02-17 | |
CY2015Q1 | us-gaap |
Common Stock Conversion Basis
CommonStockConversionBasis
|
At the effective time of the Trulia Merger, each share of Trulia common stock, other than Trulia excluded shares (as defined below), was converted into the right to receive 0.444 of a share of fully paid and nonassessable Zillow Group Class A common stock. | |
CY2015Q1 | us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<div> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 18pt"> <b><i>Concentrations of Credit Risk</i></b></p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 6pt; TEXT-INDENT: 4%"> Financial instruments, which potentially subject us to concentrations of credit risk, consist primarily of cash and cash equivalents, investments and accounts receivable. We place cash and cash equivalents and investments with major financial institutions, which management assesses to be of high credit quality, in order to limit exposure of our investments.</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt; TEXT-INDENT: 4%"> Credit risk with respect to accounts receivable is dispersed due to the large number of customers. Further, our credit risk on accounts receivable is mitigated by the relatively short payment terms that we offer. Collateral is not required for accounts receivable. We maintain an allowance for doubtful accounts such that receivables are stated at net realizable value.</p> </div> | |
CY2015Q1 | us-gaap |
Restructuring Reserve Accrual Adjustment
RestructuringReserveAccrualAdjustment
|
70000 | |
CY2015Q1 | us-gaap |
Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
|
-147000 | |
CY2015Q1 | us-gaap |
Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
|
-17854000 | |
CY2015Q1 | us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
284000 | |
CY2015Q1 | us-gaap |
Advertising Revenue
AdvertisingRevenue
|
18346000 | |
CY2015Q1 | us-gaap |
Revenues
Revenues
|
127273000 | |
CY2015Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
10321000 | |
CY2015Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-58384000 | |
CY2015Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
296000 | |
CY2015Q1 | us-gaap |
Sales Revenue Services Net
SalesRevenueServicesNet
|
108927000 | |
CY2015Q1 | us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
303000 | |
CY2015Q1 | us-gaap |
Other Nonoperating Income
OtherNonoperatingIncome
|
269000 | |
CY2015Q1 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
149000 | |
CY2015Q1 | us-gaap |
Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
|
162531000 | |
CY2015Q1 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
23007000 | |
CY2015Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
14028000 | |
CY2015Q1 | us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
112000 | |
CY2015Q1 | us-gaap |
Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
|
1727000 | |
CY2015Q1 | us-gaap |
Interest Expense
InterestExpense
|
730000 | |
CY2015Q1 | us-gaap |
Professional Fees
ProfessionalFees
|
9100000 | |
CY2015Q1 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
37325000 | |
CY2015Q1 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
59286000 | |
CY2015Q1 | us-gaap |
Cash Acquired From Acquisition
CashAcquiredFromAcquisition
|
173406000 | |
CY2015Q1 | us-gaap |
Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
|
375000 | |
CY2015Q1 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
805000 | |
CY2015Q1 | us-gaap |
Proceeds From Maturities Prepayments And Calls Of Held To Maturity Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities
|
63780000 | |
CY2015Q1 | us-gaap |
Restructuring Charges
RestructuringCharges
|
25065000 | |
CY2015Q1 | us-gaap |
Restructuring And Related Cost Incurred Cost
RestructuringAndRelatedCostIncurredCost
|
25100000 | |
CY2015Q1 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
11782000 | |
CY2015Q1 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
182087000 | |
CY2015Q1 | us-gaap |
Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
|
2424000 | |
CY2015Q1 | us-gaap |
Production Related Impairments Or Charges
ProductionRelatedImpairmentsOrCharges
|
11759000 | |
CY2015Q1 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
13019000 | |
CY2015Q1 | us-gaap |
Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
|
1737075000 | |
CY2015Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
8821000 | |
CY2015Q1 | us-gaap |
Other Depreciation And Amortization
OtherDepreciationAndAmortization
|
2200000 | |
CY2015Q1 | us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
849000 | |
CY2015Q1 | us-gaap |
Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
|
800000 | |
CY2015Q1 | us-gaap |
Impairment Of Investments
ImpairmentOfInvestments
|
0 | |
CY2015Q1 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
-7652000 | |
CY2015Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
171811000 | |
CY2015Q1 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
9124000 | |
CY2015Q1 | us-gaap |
Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
|
12477000 | |
CY2015Q1 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
185196000 | |
CY2015Q1 | us-gaap |
Lease And Rental Expense
LeaseAndRentalExpense
|
3400000 | |
CY2015Q1 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
38024000 | |
CY2015Q1 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-763000 | |
CY2015Q1 | us-gaap |
Restructuring Costs
RestructuringCosts
|
21702000 | |
CY2015Q1 | us-gaap |
Capitalized Computer Software Additions
CapitalizedComputerSoftwareAdditions
|
10000000 | |
CY2015Q1 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
|
10000 | |
CY2015Q1 | z |
Business Acquisition Pro Forma Earnings Per Share Basic And Diluted
BusinessAcquisitionProFormaEarningsPerShareBasicAndDiluted
|
-0.31 | |
CY2015Q1 | z |
Share Based Compensation Arrangement By Share Based Payment Award Options And Stock Appreciation Rights Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAndStockAppreciationRightsGrantsInPeriod
|
2625352 | shares |
CY2015Q1 | z |
Deferred Rent
DeferredRent
|
-381000 | |
CY2015Q1 | z |
Share Based Compensation Arrangement By Share Based Payment Award Options And Stock Appreciation Rights Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAndStockAppreciationRightsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
|
68.40 | |
CY2015Q1 | z |
Number Of Customers That Accounted For More Than Ten Percent Of Revenue During Period
NumberOfCustomersThatAccountedForMoreThanTenPercentOfRevenueDuringPeriod
|
0 | Customer |
CY2015Q1 | z |
Finite Lived Intangible Asset Basis Spread On Useful Life
FiniteLivedIntangibleAssetBasisSpreadOnUsefulLife
|
P2Y | |
CY2015Q1 | z |
Share Based Compensation Arrangement By Share Based Payment Award Options And Stock Appreciation Rights Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAndStockAppreciationRightsForfeituresInPeriod
|
74846 | shares |
CY2015Q1 | z |
Share Based Compensation Arrangement By Share Based Payment Award Options And Stock Appreciation Rights Grant In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAndStockAppreciationRightsGrantInPeriodWeightedAverageExercisePrice
|
102.48 | |
CY2015Q1 | z |
Share Based Compensation Arrangement By Share Based Payment Award Options And Stock Appreciation Rights Exercises In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAndStockAppreciationRightsExercisesInPeriod
|
391466 | shares |
CY2015Q1 | z |
Share Based Compensation Arrangements By Share Based Payment Award Options And Stock Appreciation Rights Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsAndStockAppreciationRightsExercisesInPeriodWeightedAverageExercisePrice
|
23.38 | |
CY2015Q1 | z |
Minimum Estimated Percentage Of Deferred Tax Unrealized
MinimumEstimatedPercentageOfDeferredTaxUnrealized
|
0.50 | pure |
CY2015Q1 | z |
Issued Shares Of Common Stock In Acquisition
IssuedSharesOfCommonStockInAcquisition
|
1883728000 | |
CY2015Q1 | z |
Share Based Compensation Arrangement By Share Based Payment Award Options And Stock Appreciation Rights Outstanding Weighted Average Remaining Contractual Terms
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAndStockAppreciationRightsOutstandingWeightedAverageRemainingContractualTerms
|
P6Y1M21D | |
CY2015Q1 | z |
Business Combination Cost Of Acquired Entity Purchase Price
BusinessCombinationCostOfAcquiredEntityPurchasePrice
|
2000000000 | |
CY2015Q1 | z |
Self Insurance Plan Individual Claim Maximum Amount
SelfInsurancePlanIndividualClaimMaximumAmount
|
100000 | |
CY2015Q1 | z |
Self Insurance Plan Cumulative Medical Claim Percentage
SelfInsurancePlanCumulativeMedicalClaimPercentage
|
1.25 | pure |
CY2015Q1 | z |
Share Based Compensation Arrangement By Share Based Payment Award Options And Stock Appreciation Rights Assumed In Acquisition Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAndStockAppreciationRightsAssumedInAcquisitionWeightedAverageExercisePrice
|
41.37 | |
CY2015Q1 | z |
Share Based Compensation Arrangement By Share Based Payment Award Options And Stock Appreciation Rights Vested And Expected To Vest Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAndStockAppreciationRightsVestedAndExpectedToVestExercisableWeightedAverageExercisePrice
|
30.99 | |
CY2015Q1 | z |
Sharebased Compensation Arrangement By Sharebased Payment Award Options And Stock Appreciation Rights Vested And Expected To Vest Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsAndStockAppreciationRightsVestedAndExpectedToVestExercisableWeightedAverageRemainingContractualTerm1
|
P3Y10M2D | |
CY2015Q1 | z |
Share Based Compensation Arrangement By Share Based Payment Award Options And Stock Appreciation Rights Assumed In Acquisition Shares
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAndStockAppreciationRightsAssumedInAcquisitionShares
|
1053255 | shares |
CY2015Q1 | z |
Sale Of Product For Subscription Description
SaleOfProductForSubscriptionDescription
|
Trulia real estate products included in real estate revenue are primarily sold on a fixed fee subscription basis, and include Trulia Local Ads, Trulia Mobile Ads, Trulia Pro with featured listings, and Trulia Seller Ads. Trulia Local Ads and Trulia Mobile Ads enable real estate professionals to promote themselves on Trulia’s search results pages and property details pages for a local market area. Real estate professionals purchase subscriptions to these products based upon their specified market share for a city or zip code, at a fixed monthly price, for periods ranging from one month to one year, with pricing depending on demand, location, and the percentage of market share purchased. Trulia’s featured listings product allows real estate professionals to receive prominent placement of their listings in Trulia’s search results. Real estate professionals sign up for new subscriptions to this product at a fixed monthly price for periods that generally range from six months to 12 months. Trulia Seller Ads enable real estate professionals to generate leads from consumers interested in selling their homes. |