XML 199 R4.htm IDEA: XBRL DOCUMENT v3.10.0.1
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2017
Sep. 30, 2017
Jun. 30, 2017
Mar. 31, 2017
Dec. 31, 2016
Sep. 30, 2016
Jun. 30, 2016
Mar. 31, 2016
Dec. 31, 2015
Sep. 30, 2015
Jun. 30, 2015
Mar. 31, 2015
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Income Statement [Abstract]                              
Net revenues $ 106,259 $ 91,015 $ 118,990 $ 86,097 $ 107,011 $ 119,936 $ 121,101 $ 78,246 $ 86,463 $ 88,747 $ 87,710 $ 109,641 $ 402,361 [1] $ 426,294 [1] $ 372,561 [1]
Costs and expenses:                              
Cost of revenues         51,215 49,138 48,180 46,151 45,698 40,265 35,945 32,902 181,453 [2] 194,684 154,810
Research and development         29,589 31,030 28,047 25,827 24,193 24,151 22,466 21,953 90,850 114,493 92,763
Selling, general and administrative         41,607 28,827 29,880 25,914 26,505 20,339 18,615 19,132 154,037 126,228 84,591
Net change in contingent consideration obligation         (572) (1,349) 3,110 5 1,515       0 1,194 1,515
Restructuring charges         1,360 924 1,139 2,910 (34) 359 1,416 3,205 10,739 6,333 4,946
Depreciation and amortization         35,499 23,592 24,093 22,782 20,683 19,588 16,596 14,182 94,884 105,966 71,049
Total costs and expenses         158,698 132,162 134,449 123,589 118,560 104,702 95,038 91,374 531,963 548,898 409,674
Loss from continuing operations (33,222) (36,139) (8,894) (51,347) (51,687) (12,226) (13,348) (45,343) (32,097) (15,955) (7,328) 18,267 (129,602) (122,604) (37,113)
Interest income         415 271 591 630 564 546 471 466 12,502 [1] 1,907 [1] 2,047 [1]
Interest expense         (2,408) (1,596) (1,834) (1,576) (1,503) (1,448) (1,418) (1,342) (55,771) (7,414) (5,711)
Loss on extinguishment of debt                         (29,413) 0 0
Other (expense) income, net         886 (151) 668 (381) 808 (921) 472 248 (17,678) 1,022 607
Equity method investment loss                         (9,125) 0 0
Loss from continuing operations, before taxes         (52,794) (13,702) (13,923) (46,670) (32,228) (17,778) (7,803) 17,639 (229,087) (127,089) (40,170)
Benefit for income taxes         14,460 3,610 (370) 15,520 7,110 7,780 (8,410) (4,092) 34,863 33,220 2,388
Net loss from continuing operations         (38,334) (10,092) (14,293) (31,150) (25,118) (9,998) (16,213) 13,547 (194,224) (93,869) (37,782)
Net income from discontinued operations, net of taxes         63,454 9,307 18,985 (1,186) 9,314 1,140 23,622 6,191 75,495 90,560 40,267
Net (loss) income 8,604 (36,364) (29,383) (61,586) 25,120 (785) 4,692 (32,336) (15,804) (8,858) 7,409 19,738 (118,729) (3,309) 2,485
Net (loss) income attributable to noncontrolling interests         (5,709) (3,347) (3,140) (3,007) (628)       (9,291) (15,203) (628)
Net (loss) income attributable to Synchronoss $ 10,915 $ (35,088) $ (26,568) $ (58,697) $ 30,829 $ 2,562 $ 7,832 $ (29,329) $ (15,176) $ (8,858) $ 7,409 $ 19,738 $ (109,438) $ 11,894 $ 3,113
Earnings Per Share, Basic [Abstract]                              
Basic, Continuing operations (in dollars per share) $ (1.75) $ (0.98) $ (0.44) $ (0.96) $ (0.74) $ (0.15) $ (0.25) $ (0.66) $ (0.57) $ (0.24) $ (0.39) $ 0.33 $ (4.14) [3] $ (1.81) [3] $ (0.88) [3]
Basic, Discontinued operations (in dollars per share) 1.99 0.20 (0.16) (0.37) 1.45 0.21 0.44 (0.03) 0.22 0.03 0.56 0.15 1.69 [3] 2.08 [3] 0.95 [3]
Basic (in dollars per share) 0.24 (0.78) (0.60) (1.33) 0.71 0.06 0.19 (0.69) (0.35) (0.21) 0.17 0.48 (2.45) [3] 0.27 [3] 0.07 [3]
Earnings Per Share, Diluted [Abstract]                              
Diluted, Continuing operations (in dollars per share) (1.75) (0.98) (0.44) (0.96) (0.74) (0.15) (0.25) (0.66) (0.57) (0.24) (0.39) 0.30 (4.14) [3] (1.81) [3] (0.88) [3]
Diluted, Discontinued operations (in dollars per share) 1.99 0.20 (0.16) (0.37) 1.45 0.21 0.44 (0.03) 0.22 0.03 0.56 0.13 1.69 [3] 2.08 [3] 0.95 [3]
Diluted (in dollars per share) $ 0.24 $ (0.78) $ (0.60) $ (1.33) $ 0.71 $ 0.06 $ 0.19 $ (0.69) $ (0.35) $ (0.21) $ 0.17 $ 0.43 $ (2.45) [3] $ 0.27 [3] $ 0.07 [3]
Weighted-average common shares outstanding:                              
Basic (in shares)         43,814,000 43,560,000 43,450,000 43,423,000 42,817,000 42,491,000 41,870,000 41,626,000 44,668,921 [3] 43,551,409 [3] 42,284,393 [3]
Diluted (in shares)         43,814,000 43,560,000 43,450,000 43,423,000 42,817,000 42,491,000 41,870,000 47,080,000 44,668,921 [3] 43,551,409 [3] 42,284,393 [3]
[1] See Note 6 -Investments in Affiliates and Related Transactions for related party transactions reflected in this account
[2] Cost of services excludes depreciation and amortization which is shown separately.
[3] See Note 3 - Summary of Significant Accounting Policies of the Notes to Consolidated Financial Statements.