2019 Q4 Form 10-K Financial Statement

#000161764021000012 Filed on February 12, 2021

View on sec.gov

Income Statement

Concept 2019 Q4 2018 2017 Q4
Revenue $943.9M $1.334B $282.3M
YoY Change 158.39% 23.84% 24.03%
Cost Of Revenue $609.6M $153.6M $22.60M
YoY Change 803.11% 80.26% 14.72%
Gross Profit $334.3M $1.180B $259.8M
YoY Change 12.22% 19.0% 24.96%
Gross Profit Margin 35.42% 88.48% 92.03%
Selling, General & Admin $282.8M $814.8M $161.7M
YoY Change 32.4% 23.63% 21.95%
% of Gross Profit 84.59% 69.05% 62.24%
Research & Development $108.2M $410.8M $50.70M
YoY Change 15.6% 28.39% -29.68%
% of Gross Profit 32.37% 34.82% 19.52%
Depreciation & Amortization $23.60M $99.39M $28.60M
YoY Change 2.16% -9.77% 11.28%
% of Gross Profit 7.06% 8.42% 11.01%
Operating Expenses $408.1M $1.226B $246.9M
YoY Change 25.65% 25.19% 20.62%
Operating Profit -$73.80M -$129.0M $12.90M
YoY Change 174.35% -20.32% 303.13%
Interest Expense -$39.90M -$41.30M -$7.000M
YoY Change 179.02% 50.18% 159.26%
% of Operating Profit -54.26%
Other Income/Expense, Net $12.00M $19.30M $1.400M
YoY Change 100.0% 257.41% 100.0%
Pretax Income -$101.7M -$151.0M -$166.8M
YoY Change -4.15% -17.96% 658.18%
Income Tax -$500.0K -$31.10M -$66.00M
% Of Pretax Income
Net Earnings -$101.2M -$119.9M -$77.20M
YoY Change 3.58% 26.94% 228.51%
Net Earnings / Revenue -10.72% -8.99% -27.35%
Basic Earnings Per Share
Diluted Earnings Per Share -$486.1K -$605.9K -$407.4K
COMMON SHARES
Basic Shares Outstanding
Diluted Shares Outstanding

Balance Sheet

Concept 2019 Q4 2018 2017 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $2.422B $1.555B $762.5M
YoY Change 55.78% 103.92% 50.25%
Cash & Equivalents $1.141B $651.1M $352.1M
Short-Term Investments $1.281B $903.9M $410.4M
Other Short-Term Assets $147.7M $73.50M $24.60M
YoY Change 100.95% 198.78% -29.31%
Inventory $836.6M $162.8M
Prepaid Expenses
Receivables $67.01M $56.30M $54.40M
Other Receivables $47.40M $45.20M $8.400M
Total Short-Term Assets $3.510B $1.893B $841.5M
YoY Change 85.46% 124.92% 44.38%
LONG-TERM ASSETS
Property, Plant & Equipment $170.5M $135.2M $112.3M
YoY Change 26.13% 20.39% 14.23%
Goodwill $1.985B $1.931B
YoY Change 0.0% 0.39%
Intangibles $190.6M $319.7M
YoY Change -11.74% -39.39%
Long-Term Investments
YoY Change
Other Assets $18.49M $62.40M $25.93M
YoY Change 11.3% 140.93% 47.47%
Total Long-Term Assets $2.622B $2.398B $2.389B
YoY Change 9.31% 0.39% -6.93%
TOTAL ASSETS
Total Short-Term Assets $3.510B $1.893B $841.5M
Total Long-Term Assets $2.622B $2.398B $2.389B
Total Assets $6.132B $4.291B $3.231B
YoY Change 42.9% 32.83% 2.57%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $8.343M $7.500M $3.587M
YoY Change 11.67% 108.33% -15.74%
Accrued Expenses $85.44M $94.50M $61.37M
YoY Change 35.41% 17.39% 59.71%
Deferred Revenue $39.75M $31.92M
YoY Change 16.63%
Short-Term Debt $722.0M $149.7M $0.00
YoY Change 382.3%
Long-Term Debt Due $9.600M
YoY Change
Total Short-Term Liabilities $920.5M $287.5M $118.4M
YoY Change 220.18% 142.82% 21.74%
LONG-TERM LIABILITIES
Long-Term Debt $1.543B $699.0M $385.4M
YoY Change 120.8% 81.37% 4.9%
Other Long-Term Liabilities $220.4M $19.90M $21.30M
YoY Change 1007.54% -6.57% 39.22%
Total Long-Term Liabilities $1.543B $718.9M $385.4M
YoY Change 120.8% 76.76% 4.9%
TOTAL LIABILITIES
Total Short-Term Liabilities $920.5M $287.5M $118.4M
Total Long-Term Liabilities $1.543B $718.9M $385.4M
Total Liabilities $2.697B $1.024B $569.7M
YoY Change 163.35% 79.73% -7.53%
SHAREHOLDERS EQUITY
Retained Earnings -$977.1M -$592.2M
YoY Change 45.46% 19.15%
Common Stock $4.412B $3.254B
YoY Change 11.99% 7.37%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $3.435B $3.267B $2.661B
YoY Change
Total Liabilities & Shareholders Equity $6.132B $4.291B $3.231B
YoY Change 42.9% 32.83% 2.57%

Cashflow Statement

Concept 2019 Q4 2018 2017 Q4
OPERATING ACTIVITIES
Net Income -$101.2M -$119.9M -$77.20M
YoY Change 3.58% 26.94% 228.51%
Depreciation, Depletion And Amortization $23.60M $99.39M $28.60M
YoY Change 2.16% -9.77% 11.28%
Cash From Operating Activities $58.10M $3.850M $81.30M
YoY Change -158.92% -98.51% 108.46%
INVESTING ACTIVITIES
Capital Expenditures -$26.30M $66.05M -$17.60M
YoY Change 1.94% -1.01% -2.76%
Acquisitions $55.14M
YoY Change 378.09%
Other Investing Activities -$748.6M -$544.1M -$49.50M
YoY Change -1759.87% 222.33% 152.55%
Cash From Investing Activities -$775.0M -$622.6M -$67.20M
YoY Change -4136.46% 151.68% 77.78%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $360.3M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 80.90M $930.1M 18.00M
YoY Change -15.64% 851.98% -65.05%
NET CHANGE
Cash From Operating Activities 58.10M $3.850M 81.30M
Cash From Investing Activities -775.0M -$622.6M -67.20M
Cash From Financing Activities 80.90M $930.1M 18.00M
Net Change In Cash -636.0M $311.3M 32.10M
YoY Change -3954.55% 186.95% -39.09%
FREE CASH FLOW
Cash From Operating Activities $58.10M $3.850M $81.30M
Capital Expenditures -$26.30M $66.05M -$17.60M
Free Cash Flow $84.40M -$62.20M $98.90M
YoY Change -215.93% -132.49% 73.2%

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<div style="margin-top:10pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-top:10pt;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">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 the accounting for certain revenue offerings, the net realizable value of inventory, amortization period and recoverability of contract cost assets, website and software development costs, recoverability of long-lived assets and intangible assets, share-based compensation, income taxes, business combinations and the recoverability of goodwill, among others. To the extent there are material differences between these estimates, judgments or assumptions and actual results, our financial statements will be affected. The COVID-19 pandemic has introduced significant additional uncertainty with respect to estimates, judgments and assumptions, which may materially impact the estimates previously listed, among others.</span></div>
CY2020 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="margin-top:10pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Concentrations of Credit Risk</span></div><div style="margin-top:10pt;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Financial instruments, which potentially subject us to concentrations of credit risk, consist primarily of cash and cash equivalents, investments, accounts receivable and mortgage loans held for sale. 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. </span></div><div style="margin-top:10pt;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Credit risk with respect to accounts receivable is dispersed due to the large number of customers. There were no customers that comprised 10% or more of our total accounts receivable as of December 31, 2020 and 2019. 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. </span></div><div style="margin-top:10pt;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Similarly, our credit risk on mortgage loans held for sale is dispersed due to a large number of customers and is mitigated by the fact that we typically sell mortgages on the secondary market within a relatively short period of time after the loan is originated.</span></div>
CY2020 z Lessee Operatinglease Renewal Term Length Of Each Term
LesseeOperatingleaseRenewalTermLengthOfEachTerm
P5Y
CY2020Q4 us-gaap Lessee Operating Lease Renewal Term
LesseeOperatingLeaseRenewalTerm
P10Y
CY2020 z Lessee Operating Lease Number Of Renewal Options
LesseeOperatingLeaseNumberOfRenewalOptions
2 period
CY2020 z Lessee Operatinglease Renewal Term Length Of Each Term
LesseeOperatingleaseRenewalTermLengthOfEachTerm
P5Y
CY2020 us-gaap Advertising Expense
AdvertisingExpense
113000000.0 USD
CY2019 us-gaap Advertising Expense
AdvertisingExpense
185200000 USD
CY2018 us-gaap Advertising Expense
AdvertisingExpense
193500000 USD
CY2020Q4 us-gaap Mortgages Held For Sale Fair Value Disclosure
MortgagesHeldForSaleFairValueDisclosure
330758000 USD
CY2020Q4 us-gaap Fair Value Net Asset Liability
FairValueNetAssetLiability
4048212000 USD
CY2019Q4 us-gaap Mortgages Held For Sale Fair Value Disclosure
MortgagesHeldForSaleFairValueDisclosure
36507000 USD
CY2019Q4 us-gaap Fair Value Net Asset Liability
FairValueNetAssetLiability
2264688000 USD
CY2020Q4 us-gaap Restricted Cash
RestrictedCash
75805000 USD
CY2020Q4 us-gaap Restricted Cash
RestrictedCash
75805000 USD
CY2020Q4 z Cash Cash Equivalents And Shortterm Investments Amortized Cost
CashCashEquivalentsAndShorttermInvestmentsAmortizedCost
3996980000 USD
CY2020Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
122000 USD
CY2020Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
59000 USD
CY2020Q4 us-gaap Cash Cash Equivalents And Short Term Investments
CashCashEquivalentsAndShortTermInvestments
3997043000 USD
CY2019Q4 us-gaap Restricted Cash
RestrictedCash
89646000 USD
CY2019Q4 us-gaap Restricted Cash
RestrictedCash
89646000 USD
CY2019Q4 z Cash Cash Equivalents And Shortterm Investments Amortized Cost
CashCashEquivalentsAndShorttermInvestmentsAmortizedCost
2511492000 USD
CY2019Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
526000 USD
CY2019Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
120000 USD
CY2019Q4 us-gaap Cash Cash Equivalents And Short Term Investments
CashCashEquivalentsAndShortTermInvestments
2511898000 USD
CY2020Q4 us-gaap Inventory Real Estate Held For Sale
InventoryRealEstateHeldForSale
339372000 USD
CY2019Q4 us-gaap Inventory Real Estate Held For Sale
InventoryRealEstateHeldForSale
684456000 USD
CY2020Q4 us-gaap Inventory Real Estate Improvements
InventoryRealEstateImprovements
151921000 USD
CY2019Q4 us-gaap Inventory Real Estate Improvements
InventoryRealEstateImprovements
152171000 USD
CY2020Q4 us-gaap Inventory Real Estate
InventoryRealEstate
491293000 USD
CY2019Q4 us-gaap Inventory Real Estate
InventoryRealEstate
836627000 USD
CY2020Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
20800000 USD
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AllowanceForDoubtfulAccountsReceivableCurrent
4522000 USD
CY2018Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
4838000 USD
CY2017Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
5341000 USD
CY2020 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
2650000 USD
CY2019 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
2772000 USD
CY2018 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
869000 USD
CY2020 z Allowance For Doubtful Accounts Receivable Write Offs Net Recoveries And Other Adjustments
AllowanceForDoubtfulAccountsReceivableWriteOffsNetRecoveriesAndOtherAdjustments
3745000 USD
CY2019 z Allowance For Doubtful Accounts Receivable Write Offs Net Recoveries And Other Adjustments
AllowanceForDoubtfulAccountsReceivableWriteOffsNetRecoveriesAndOtherAdjustments
3088000 USD
CY2018 z Allowance For Doubtful Accounts Receivable Write Offs Net Recoveries And Other Adjustments
AllowanceForDoubtfulAccountsReceivableWriteOffsNetRecoveriesAndOtherAdjustments
1372000 USD
CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
3427000 USD
CY2019Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
4522000 USD
CY2018Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
4838000 USD
CY2020 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
37100000 USD
CY2019 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
32700000 USD
CY2020Q4 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
50700000 USD
CY2019Q4 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
45200000 USD
CY2020 us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
36500000 USD
CY2019 us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
35300000 USD
CY2020Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
309937000 USD
CY2019Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
345490000 USD
CY2020Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
113785000 USD
CY2019Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
175001000 USD
CY2020Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
196152000 USD
CY2019Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
170489000 USD
CY2020 us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
34100000 USD
CY2019 us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
24900000 USD
CY2018 us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
19500000 USD
CY2020 us-gaap Capitalized Computer Software Additions
CapitalizedComputerSoftwareAdditions
54800000 USD
CY2019 us-gaap Capitalized Computer Software Additions
CapitalizedComputerSoftwareAdditions
42300000 USD
CY2018 us-gaap Capitalized Computer Software Additions
CapitalizedComputerSoftwareAdditions
34100000 USD
CY2020 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
3 Segment
CY2020 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 Segment
CY2020Q1 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
4700000 USD
CY2020 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
3 Segment
CY2020 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 Segment
CY2020Q4 us-gaap Goodwill
Goodwill
1984907000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
298472000 USD
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FiniteLivedIntangibleAssetsAccumulatedAmortization
203705000 USD
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FiniteLivedIntangibleAssetsNet
94767000 USD
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FiniteLivedIntangibleAssetsGross
299416000 USD
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FiniteLivedIntangibleAssetsAccumulatedAmortization
216849000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
82567000 USD
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FiniteLivedIntangibleAssetsAndFutureCommitmentsAmortizationExpenseYearOne
45924000 USD
CY2020Q4 z Finite Lived Intangible Assets And Future Commitments Amortization Expense Year Two
FiniteLivedIntangibleAssetsAndFutureCommitmentsAmortizationExpenseYearTwo
15140000 USD
CY2020Q4 z Finite Lived Intangible Assets And Future Commitments Amortization Expense Year Three
FiniteLivedIntangibleAssetsAndFutureCommitmentsAmortizationExpenseYearThree
6359000 USD
CY2020Q4 z Finite Lived Intangible Assets And Future Commitments Amortization Expense Year Four
FiniteLivedIntangibleAssetsAndFutureCommitmentsAmortizationExpenseYearFour
4235000 USD
CY2020Q4 z Finite Lived Intangible Assets And Future Commitments Amortization Expense Year Five
FiniteLivedIntangibleAssetsAndFutureCommitmentsAmortizationExpenseYearFive
4080000 USD
CY2020Q4 z Finite Lived Intangible Assets And Future Commitments Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAndFutureCommitmentsAmortizationExpenseAfterYearFive
15014000 USD
CY2020Q4 z Future Amortization Expense Including Intangible Assets And Future Commitments
FutureAmortizationExpenseIncludingIntangibleAssetsAndFutureCommitments
90752000 USD
CY2020Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
94487000 USD
CY2019Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
85442000 USD
CY2020 us-gaap Operating Lease Cost
OperatingLeaseCost
40292000 USD
CY2019 us-gaap Operating Lease Cost
OperatingLeaseCost
35837000 USD
CY2020 us-gaap Variable Lease Cost
VariableLeaseCost
10323000 USD
CY2019 us-gaap Variable Lease Cost
VariableLeaseCost
11231000 USD
CY2020 us-gaap Lease Cost
LeaseCost
50615000 USD
CY2019 us-gaap Lease Cost
LeaseCost
47068000 USD
CY2018 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
23700000 USD
CY2020Q4 us-gaap Lease Incentive Payable Current And Noncurrent
LeaseIncentivePayableCurrentAndNoncurrent
18626000 USD
CY2019Q4 us-gaap Lease Incentive Payable Current And Noncurrent
LeaseIncentivePayableCurrentAndNoncurrent
0 USD
CY2020 us-gaap Operating Lease Payments
OperatingLeasePayments
17676000 USD
CY2019 us-gaap Operating Lease Payments
OperatingLeasePayments
31816000 USD
CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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145000 USD
CY2019 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
128354000 USD
CY2020Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P8Y
CY2019Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P8Y6M
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OperatingLeaseWeightedAverageDiscountRatePercent
0.065
CY2019Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.065
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
43277000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
40842000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
41043000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
36092000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
28908000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
114529000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
304691000 USD
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LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
68658000 USD
CY2020Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
236033000 USD
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DebtLongtermAndShorttermCombinedAmount
2283732000 USD
CY2019Q4 us-gaap Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
2274990000 USD
CY2020Q4 z Variable Interest Entity Consolidated Increase Amount To Inventory
VariableInterestEntityConsolidatedIncreaseAmountToInventory
491300000 USD
CY2020Q4 z Variable Interest Entity Consolidation Increase Amount To Borrowings
VariableInterestEntityConsolidationIncreaseAmountToBorrowings
361200000 USD
CY2019Q4 z Variable Interest Entity Consolidated Increase Amount To Inventory
VariableInterestEntityConsolidatedIncreaseAmountToInventory
836600000 USD
CY2019Q4 z Variable Interest Entity Consolidation Increase Amount To Borrowings
VariableInterestEntityConsolidationIncreaseAmountToBorrowings
691500000 USD
CY2018 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-31100000 USD
CY2018 z Tax Cuts And Jobs Act Income Tax Expense Benefit
TaxCutsAndJobsActIncomeTaxExpenseBenefit
-5900000 USD
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-7500000 USD
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-4300000 USD
CY2020 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
588000 USD
CY2019 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
304000 USD
CY2018 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
0 USD
CY2020 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
257000 USD
CY2019 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
99000 USD
CY2018 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
161000 USD
CY2020 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
845000 USD
CY2019 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
403000 USD
CY2018 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
161000 USD
CY2020 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-7388000 USD
CY2019 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-1631000 USD
CY2018 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-28502000 USD
CY2020 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-1095000 USD
CY2019 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-2856000 USD
CY2018 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-2441000 USD
CY2020 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
115000 USD
CY2019 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-174000 USD
CY2018 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-320000 USD
CY2020 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
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CY2019 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-4661000 USD
CY2018 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-31263000 USD
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-7523000 USD
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-4258000 USD
CY2018 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-31102000 USD
CY2020 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2019 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2018 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2020 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.112
CY2019 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.030
CY2018 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.059
CY2020 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
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0.525
CY2019 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
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0.009
CY2018 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost
0.165
CY2020 z Effective Income Tax Rate Reconciliation Nondeductible Expense Covered Employee Compensation Percent
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseCoveredEmployeeCompensationPercent
-0.023
CY2019 z Effective Income Tax Rate Reconciliation Nondeductible Expense Covered Employee Compensation Percent
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseCoveredEmployeeCompensationPercent
-0.011
CY2018 z Effective Income Tax Rate Reconciliation Nondeductible Expense Covered Employee Compensation Percent
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-0.010
CY2020 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Research
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-0.106
CY2019 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Research
EffectiveIncomeTaxRateReconciliationTaxCreditsResearch
-0.072
CY2018 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Research
EffectiveIncomeTaxRateReconciliationTaxCreditsResearch
-0.084
CY2020 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Meals And Entertainment
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-0.005
CY2019 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Meals And Entertainment
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-0.011
CY2018 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Meals And Entertainment
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-0.018
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0.008
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-0.005
CY2018 us-gaap Effective Income Tax Rate Reconciliation Disposition Of Business
EffectiveIncomeTaxRateReconciliationDispositionOfBusiness
0.042
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EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
0
CY2019 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
0
CY2018 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
0.019
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EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent
0.002
CY2019 us-gaap Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent
0.006
CY2018 us-gaap Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent
-0.004
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-0.891
CY2019 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
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-0.286
CY2018 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
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-0.340
CY2020 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.044
CY2019 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.014
CY2018 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.207
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400509000 USD
CY2019Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
273171000 USD
CY2020Q4 us-gaap Deferred Tax Assets In Process Research And Development
DeferredTaxAssetsInProcessResearchAndDevelopment
88823000 USD
CY2019Q4 us-gaap Deferred Tax Assets In Process Research And Development
DeferredTaxAssetsInProcessResearchAndDevelopment
70970000 USD
CY2020Q4 z Deferred Tax Assets Operating Lease Liability
DeferredTaxAssetsOperatingLeaseLiability
57606000 USD
CY2019Q4 z Deferred Tax Assets Operating Lease Liability
DeferredTaxAssetsOperatingLeaseLiability
58899000 USD
CY2020Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits
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43065000 USD
CY2019Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits
75704000 USD
CY2020Q4 us-gaap Deferred Tax Asset Interest Carryforward
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30921000 USD
CY2019Q4 us-gaap Deferred Tax Asset Interest Carryforward
DeferredTaxAssetInterestCarryforward
11120000 USD
CY2020Q4 us-gaap Deferred Tax Assets Inventory
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15115000 USD
CY2019Q4 us-gaap Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
17819000 USD
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3988000 USD
CY2019Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Reserves
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3891000 USD
CY2020Q4 us-gaap Deferred Tax Assets Property Plant And Equipment
DeferredTaxAssetsPropertyPlantAndEquipment
1035000 USD
CY2019Q4 us-gaap Deferred Tax Assets Property Plant And Equipment
DeferredTaxAssetsPropertyPlantAndEquipment
2032000 USD
CY2020Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
4736000 USD
CY2019Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
45641000 USD
CY2020Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
645798000 USD
CY2019Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
559247000 USD
CY2020Q4 z Deferred Tax Liabilities Debt Discount Not Deductible For Tax
DeferredTaxLiabilitiesDebtDiscountNotDeductibleForTax
80280000 USD
CY2019Q4 z Deferred Tax Liabilities Debt Discount Not Deductible For Tax
DeferredTaxLiabilitiesDebtDiscountNotDeductibleForTax
108114000 USD
CY2020Q4 z Deferred Tax Liabilities Operating Lease Right Of Use Asset
DeferredTaxLiabilitiesOperatingLeaseRightOfUseAsset
45857000 USD
CY2019Q4 z Deferred Tax Liabilities Operating Lease Right Of Use Asset
DeferredTaxLiabilitiesOperatingLeaseRightOfUseAsset
52486000 USD
CY2020Q4 us-gaap Deferred Tax Liabilities Deferred Expense Capitalized Software
DeferredTaxLiabilitiesDeferredExpenseCapitalizedSoftware
32021000 USD
CY2019Q4 us-gaap Deferred Tax Liabilities Deferred Expense Capitalized Software
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