Close

Form 10-Q HeartWare International, For: Mar 31

May 5, 2016 5:41 PM EDT
Table of Contents

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 10-Q

 

 

 

x Quarterly report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

For the quarterly period ended March 31, 2016

 

¨ Transition report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

For the transition period from                      to                     

COMMISSION FILE NUMBER: 001-34256

 

 

HEARTWARE INTERNATIONAL, INC.

(Exact name of registrant as specified in its charter)

 

 

 

Delaware   26-3636023
(State of Incorporation)  

(I.R.S. Employer

Identification No.)

500 Old Connecticut Path

Framingham, Massachusetts 01701

(508) 739-0950

(Address of principal executive offices)

(Registrant’s telephone number, including area code)

 

 

Indicate by check mark whether the registrant: (1) has filed all reports required to be filed by Section 13 or 15 (d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.    Yes  x    No  ¨

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).    Yes  x    No  ¨

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, or a non-accelerated filer or a smaller reporting company. See the definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act.

 

Large accelerated filer   x    Accelerated filer   ¨
Non-accelerated filer   ¨    Smaller reporting company   ¨

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).    Yes  ¨    No  x

Indicate the number of shares outstanding of each of the issuer’s classes of common stock, as of the latest practicable date.

 

Class

   Shares Outstanding as of May 2, 2016

Common Stock, $0.001 Par Value Per Share

   17,540,557

 

 

 


Table of Contents

                

 

PART I. FINANCIAL INFORMATION

     5   

ITEM 1. CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

     5   

ITEM  2. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

     30   

ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

     41   

ITEM 4. CONTROLS AND PROCEDURES

     42   

PART II. OTHER INFORMATION

     43   

ITEM 1. LEGAL PROCEEDINGS

     43   

ITEM 1A. RISK FACTORS

     43   

ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS

     43   

ITEM 6. EXHIBITS

     43   

 

2


Table of Contents

References

Unless the context requires otherwise, references in this Quarterly Report on Form 10-Q to “HeartWare,” “the Company,” “HeartWare Group,” “we,” “us” and “our” refer to HeartWare International, Inc. and its consolidated direct and indirect subsidiaries.

Currency

Unless indicated otherwise in this Quarterly Report on Form 10-Q, all references to “$,” “U.S.$” or “dollars” refer to United States dollars, the lawful currency of the United States of America. References to “AU$” refer to Australian dollars, the lawful currency of the Commonwealth of Australia. References to “€” or “Euros” means Euros, the single currency of Participating Member States of the European Union. References to “£” or “British Pounds” refer to British pound sterling, the lawful currency of the United Kingdom.

Trademarks

HEARTWARE®, HVAD®, MVAD®, Pal™, CIRCULITE®, SYNERGY® and various company logos are the trademarks of the Company. All other trademarks and trade names mentioned in this Quarterly Report on Form 10-Q are the property of their respective owners.

Forward-Looking Statements

This Quarterly Report on Form 10-Q contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are based on our management’s beliefs, assumptions and expectations and on information currently available to our management. Generally, you can identify forward-looking statements by terms such as “may,” “will,” “should,” “could,” “would,” “expects,” “plans,” “anticipates,” “believes,” “estimates,” “projects,” “predicts,” “potential” and similar expressions intended to identify forward-looking statements, which generally are not historical in nature. All statements that address operating or financial performance, events or developments that we expect or anticipate will occur in the future are forward-looking statements, including without limitation:

 

    our ability to implement systemic improvements necessary to satisfactorily address the observations cited in the June 2, 2014 warning letter we received from the United States Food and Drug Administration (“FDA”);

 

    our expectations with respect to submissions to and approvals from regulatory bodies, such as the FDA;

 

    our ability to operate our business in compliance with regulatory requirements and to implement appropriate corrective and preventive actions;

 

    our expectations with respect to our clinical trials, including enrollment in, completion of, or outcomes of our clinical trials as well as approval of new clinical trials and continued access or supplemental protocols with respect to our existing clinical trials;

 

    our expectations with respect to the integrity or capabilities of our intellectual property position;

 

    our ability and plans to commercialize our existing products;

 

    our ability and plans to develop and commercialize new products and the expected features, functionalities and benefits of these products;

 

    our ability to successfully compete against our competitors, especially as they increase in size and leverage, including our ability to respond to bundled product offerings and competitive pricing strategies;

 

    our estimates regarding our capital requirements and financial performance, including earnings fluctuation and cash availability; and

 

    our ability to manage the costs and achieve the benefits of our strategic initiatives, including acquired companies and technologies.

Our management believes that these forward-looking statements are reasonable as and when made. However, you should not place undue reliance on our forward-looking statements because they speak only as of the date when made. We do not assume any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by federal securities laws and the rules and regulations of the Securities and Exchange Commission (the “SEC”). We may not actually achieve the plans, projections or expectations disclosed in our forward-looking statements, and actual results, developments or events could differ materially from those disclosed in the forward-looking statements. Forward-looking statements are subject to a number of risks and uncertainties, including without limitation those

 

3


Table of Contents

described in Part I, Item 1A. “Risk Factors” in our Annual Report on Form 10-K for the fiscal year ended December 31, 2015 filed with the SEC on February 26, 2016, and those described from time to time in our other filings with the SEC. Investors should read this entire Quarterly Report on Form 10-Q and consult their respective financial, legal or other professional adviser in relation to the subject matter therein, especially as it pertains to our risks and uncertainties outlined in Part I, Item 1A. “Risk Factors” of our Annual Report on Form 10-K, together with the information provided in our other public filings with the SEC.

 

4


Table of Contents

PART I. FINANCIAL INFORMATION

 

ITEM 1. CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

HEARTWARE INTERNATIONAL, INC.

CONDENSED CONSOLIDATED BALANCE SHEETS

(In thousands, except per share data)

 

     March 31,
2016
    December 31,
2015
 
     (unaudited)        

ASSETS

    

Current assets:

    

Cash and cash equivalents

   $ 113,256      $ 175,047   

Short-term investments

     74,952        68,531   

Accounts receivable, net

     29,472        35,570   

Inventories

     43,407        39,947   

Prepaid expenses and other current assets

     6,905        2,868   
  

 

 

   

 

 

 

Total current assets

     267,992        321,963   

Property, plant and equipment, net

     14,602        15,098   

Goodwill

     61,282        61,233   

In-process research and development

     10,800        10,800   

Other intangible assets, net

     12,970        13,045   

Long-term investments and other assets

     63,668        31,464   
  

 

 

   

 

 

 

Total assets

   $ 431,314      $ 453,603   
  

 

 

   

 

 

 

LIABILITIES AND STOCKHOLDERS’ EQUITY

    

Current liabilities:

    

Accounts payable

   $ 13,709      $ 15,249   

Other accrued liabilities

     35,521        45,889   
  

 

 

   

 

 

 

Total current liabilities

     49,230        61,138   

Convertible senior notes, net

     189,572        187,089   

Contingent liabilities – See Note 4

     12,910        12,330   

Other long-term liabilities

     4,035        4,554   

Commitments and contingencies – See Note 12

    

Stockholders’ equity:

    

Preferred stock – $.001 par value; 5,000 shares authorized; no shares issued and outstanding at March 31, 2016 and December 31, 2015

     —          —     

Common stock – $.001 par value; 50,000 shares authorized; 17,536 and 17,405 shares issued and outstanding at March 31, 2016 and December 31, 2015, respectively

     18        17   

Additional paid-in capital

     622,606        618,219   

Accumulated deficit

     (438,959     (421,499

Accumulated other comprehensive loss:

    

Cumulative translation adjustments

     (8,063     (8,085

Unrealized loss on investments

     (35     (160
  

 

 

   

 

 

 

Total accumulated other comprehensive loss

     (8,098     (8,245

Total stockholders’ equity

     175,567        188,492   
  

 

 

   

 

 

 

Total liabilities and stockholders’ equity

   $ 431,314      $ 453,603   
  

 

 

   

 

 

 

The accompanying notes are an integral part of these unaudited condensed consolidated financial statements.

 

5


Table of Contents

HEARTWARE INTERNATIONAL, INC.

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

(unaudited)

(In thousands, except per share data)

 

     Three Months Ended
March 31,
 
     2016     2015  

Revenue, net

   $ 55,074      $ 70,021   

Cost of revenue

     23,021        22,040   
  

 

 

   

 

 

 

Gross profit

     32,053        47,981   

Operating expenses:

    

Selling, general and administrative

     21,474        21,929   

Research and development

     25,221        31,267   

Change in fair value of contingent consideration

     580        2,100   
  

 

 

   

 

 

 

Total operating expenses

     47,275        55,296   

Loss from operations

     (15,222     (7,315

Other income (expense):

    

Foreign exchange (loss) gain

     920        (3,697

Interest expense

     (3,740     (3,437

Investment income, net

     725        146   

Other, net

     5        —     
  

 

 

   

 

 

 

Loss before income taxes

     (17,312     (14,303

Provision for income taxes

     147        232   
  

 

 

   

 

 

 

Net loss

   $ (17,459   $ (14,535
  

 

 

   

 

 

 

Net loss per common share — basic and diluted

   $ (1.00   $ (0.85
  

 

 

   

 

 

 

Weighted average shares outstanding — basic and diluted

     17,462        17,193   
  

 

 

   

 

 

 

The accompanying notes are an integral part of these unaudited condensed consolidated financial statements.

 

6


Table of Contents

HEARTWARE INTERNATIONAL, INC.

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS

(unaudited)

(In thousands)

 

     Three Months Ended
March 31,
 
     2016     2015  

Net loss

   $ (17,459   $ (14,535

Other comprehensive income (loss)

    

Foreign currency translation adjustments

     23        (254

Unrealized (loss) gain on investments

     124        (245
  

 

 

   

 

 

 

Comprehensive loss

   $ (17,312   $ (15,034
  

 

 

   

 

 

 

The accompanying notes are an integral part of these unaudited condensed consolidated financial statements.

 

7


Table of Contents

HEARTWARE INTERNATIONAL, INC.

CONDENSED CONSOLIDATED STATEMENT OF STOCKHOLDERS’ EQUITY

(unaudited)

(In thousands, except per share data)

 

     Common Shares,
$0.001 Par Value
Per Share
     Additional           

Accumulated

Other

       
     Shares             Paid-In      Accumulated     Comprehensive        
     Issued      Amount      Capital      Deficit     Loss     Total  

Balance, December 31, 2015

     17,405       $ 17       $ 618,219       $ (421,499   $ (8,245   $ 188,492   

Issuance of common stock pursuant to share-based awards

     131         1         —           —          —          1   

Share-based compensation

     —           —           4,387         —          —          4,387   

Net loss

     —           —           —           (17,459     —          (17,459

Other comprehensive loss

     —           —           —           —          147        147   
  

 

 

    

 

 

    

 

 

    

 

 

   

 

 

   

 

 

 

Balance, March 31, 2016

     17,536       $ 18       $ 622,606       $ (438,959   $ (8,098   $ 175,567   
  

 

 

    

 

 

    

 

 

    

 

 

   

 

 

   

 

 

 

The accompanying notes are an integral part of these unaudited condensed consolidated financial statements.

 

8


Table of Contents

HEARTWARE INTERNATIONAL, INC.

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

(unaudited)

(In thousands)

 

     Three Months Ended March 31,  
     2016     2015  

CASH FLOWS FROM OPERATING ACTIVITIES

    

Net loss

   $ (17,459   $ (14,535

Adjustments to reconcile net loss to net cash used in operating activities:

    

Depreciation of property, plant and equipment

     1,609        1,710   

Amortization of intangible assets

     467        508   

Impairment of fixed assets

     —          1,118   

Share-based compensation expense

     4,387        5,976   

Amortization of premium on investments

     237        300   

Amortization of discount on convertible senior notes

     2,321        2,068   

Amortization of deferred financing costs

     162        111   

Change in fair value of contingent consideration

     580        2,100   

Other

     (144     (6

Change in operating assets and liabilities:

    

Accounts receivable

     6,670        (105

Inventories

     (3,154     (99

Prepaid expenses and other current assets

     (4,002     (1,445

Other non-current assets

     (951     (337

Accounts payable

     (1,565     (2,625

Accrued interest on convertible senior notes

     1,257        1,258   

Other accrued liabilities

     (12,084     (3,662

Other long-term liabilities

     (519     (124
  

 

 

   

 

 

 

Net cash used in operating activities

     (22,188     (7,789

CASH FLOWS FROM INVESTING ACTIVITIES

    

Purchases of investments

     (9,977     —     

Maturities of investments

     3,445        5,000   

Additions to property, plant and equipment, net

     (918     (720

Additions to patents

     (392     (486

Investment in unconsolidated investee

     (31,000       

Cash received from security deposits

     178        294   
  

 

 

   

 

 

 

Net cash provided by (used in) investing activities

     (38,664     4,088   

CASH FLOWS FROM FINANCING ACTIVITIES

    

Proceeds from exercise of stock options

     —          31   
  

 

 

   

 

 

 

Net cash provided by financing activities

     —          31   

Effect of exchange rate changes on cash and cash equivalents

     (939     3,249   
  

 

 

   

 

 

 

DECREASE IN CASH AND CASH EQUIVALENTS

     (61,791     (421

CASH AND CASH EQUIVALENTS — BEGINNING OF PERIOD

     175,047        102,946   
  

 

 

   

 

 

 

CASH AND CASH EQUIVALENTS — END OF PERIOD

   $ 113,256      $ 102,525   
  

 

 

   

 

 

 

The accompanying notes are an integral part of these unaudited condensed consolidated financial statements.

 

9


Table of Contents

HEARTWARE INTERNATIONAL, INC.

NOTES TO THE CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(unaudited)

Note 1. Basis of Presentation

The accompanying unaudited interim condensed consolidated financial statements for HeartWare International, Inc. (“we,” “our,” “us,” “HeartWare,” the “HeartWare Group” or the “Company”) have been prepared pursuant to the rules and regulations of the Securities and Exchange Commission (“SEC”) for reporting of interim financial information. Pursuant to these rules and regulations, certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States (“U.S. GAAP”) have been condensed or omitted. Accordingly, these statements do not include all the disclosures normally required by U.S. GAAP for annual financial statements and should be read in conjunction with Management’s Discussion and Analysis of Financial Condition and Results of Operations contained in this report and the audited financial statements and notes thereto included in our Annual Report on Form 10-K for the fiscal year ended December 31, 2015. The accompanying condensed consolidated balance sheet as of December 31, 2015 has been derived from our audited financial statements. The unaudited condensed consolidated statements of operations and cash flows for the three months ended March 31, 2016 are not necessarily indicative of the results to be expected for any future period or for the year ending December 31, 2016.

The preparation of our unaudited interim condensed consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting periods. Actual results could differ from those estimates.

In the opinion of management, the accompanying unaudited interim condensed consolidated financial statements contain all adjustments (consisting of only normally recurring adjustments) necessary to present fairly the financial position and results of operations as of the dates and for the periods presented.

New Accounting Standards

Standards Pending Implementation

In March 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2016-09, Improvements to Employee Share-Based Payment Accounting (“ASU 2016-09”). ASU 2016-09 simplifies several aspects of the accounting for share-based payment transactions, including the income tax consequences, classification of awards as either equity or liabilities and classification on the statement of cash flows. This ASU is effective for fiscal years, and interim periods within those years, beginning after December 15, 2016. Early adoption is permitted. The Company is currently assessing the potential impact of adopting ASU 2016-09 on its financial statements and related disclosures.

In February 2016, the FASB issued ASU 2016-02, Leases (“ASU 2016-02”). ASU 2016-02 supersedes the lease guidance under FASB Accounting Standards Codification (“ASC”) Topic 840, Leases, resulting in the creation of FASB ASC Topic 842, Leases. ASU 2016-02 requires a lessee to recognize in the statement of financial position a liability to make lease payments and a right-of-use asset representing its right to use the underlying asset for the lease term for both finance and operating leases. This ASU is effective for fiscal years, and interim periods within those years, beginning after December 15, 2018. Early adoption is permitted. The Company is currently assessing the potential impact of adopting ASU 2016-02 on its financial statements and related disclosures.

In May 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2014-09, Revenue from Contracts with Customers (Topic 606) (“ASU 2014-09”). The updated standard is a new comprehensive revenue recognition model that requires revenue to be recognized in a manner that depicts the transfer of goods or services to a customer at an amount that reflects the consideration expected to be received in exchange for those goods or services. In July 2015, the FASB voted to approve the deferral of the effective date of ASU 2014-09 by one year. Therefore, ASU 2014-09 will become effective for us in the first quarter of our fiscal year ending December 31, 2018. Early adoption is permitted, but not earlier than the first quarter of our fiscal year ending December 31, 2017. The ASU allows for either full retrospective or modified retrospective adoption. We have not yet selected a transition method, and we are currently evaluating the effect that ASU 2014-09 will have on our consolidated financial statements and related disclosures.

 

10


Table of Contents

HEARTWARE INTERNATIONAL, INC.

NOTES TO THE CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Continued)

(unaudited)

 

Implemented Standards

In April 2015, the FASB issued ASU 2015-03, Interest — Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs. In June 2015, the FASB amended ASU 2015-03 with ASU 2015-15. The updated standard requires debt issuance costs related to a recognized debt liability be presented in the balance sheet as a direct deduction from the carrying amount of that debt liability, consistent with debt discounts. This guidance is effective for periods beginning after December 15, 2015, and interim periods within those annual periods applied retrospectively. The Company adopted this guidance in the first quarter of 2016. Debt issuance costs associated with debt were $3.8 and $4.0 million as of March 31, 2016 and December 31, 2015, respectively.

In February 2015, the FASB issued ASU No. 2015-02, Consolidation (Topic 810): Amendments to the Consolidation Analysis, which is intended to improve targeted areas of consolidation guidance for legal entities such as limited partnerships, limited liability corporations and securitization structures (collateralized debt obligations, collateralized loan obligations and mortgage-backed security transactions). This ASU focuses on the consolidation evaluation for reporting organizations (public and private companies and not-for-profit organizations) that are required to evaluate whether they should consolidate certain legal entities. In addition to reducing the number of consolidation models from four to two, the new standard simplifies the FASB Accounting Standards Codification by: i) placing more emphasis on risk of loss when determining a controlling financial interest; ii) reducing the frequency of the application of related-party guidance when determining a controlling financial interest in a variable interest entity (“VIE”); and iii) changing consolidation conclusions for public and private companies in several industries that typically make use of limited partnerships or VIEs. ASU No. 2015-02 will be effective for us in periods beginning after December 15, 2015. Early adoption is permitted, including adoption in an interim period. The Company adopted this guidance in the first quarter of 2016 and it did not have an effect on our consolidated financial position, results of operations or cash flows.

In January 2015, the FASB issued ASU No. 2015-01, Income Statement—Extraordinary and Unusual Items (Subtopic 225-20): Simplifying Income Statement Presentation by Eliminating the Concept of Extraordinary Items. The FASB issued this ASU as part of its initiative to reduce complexity in accounting standards. This ASU eliminates from U.S. GAAP the concept of extraordinary items. Subtopic 225-20 required that an entity separately classify, present, and disclose extraordinary events and transactions. Presently, an event or transaction is presumed to be an ordinary and usual activity of the reporting entity unless evidence clearly supports its classification as an extraordinary item. If an event or transaction meets the criteria for extraordinary classification, an entity is required to segregate the extraordinary item from the results of ordinary operations and show the item separately in the income statement, net of tax, after income from continuing operations. The entity also is required to disclose applicable income taxes and either present or disclose earnings-per-share data applicable to the extraordinary item. The amendments in this ASU are effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2015. A reporting entity may apply the amendments prospectively. A reporting entity also may apply the amendments retrospectively to all prior periods presented in the financial statements. The Company adopted this guidance in the first quarter of 2016 and it did not have an effect on our consolidated financial position, results of operations or cash flows.

Reclassification of Prior Year Presentation

Certain prior year amounts have been reclassified for consistency with the current period presentation. These reclassifications had no effect on the reported results of operations. In the period ended March 31, 2016, management reassessed certain inventory policies based on recent trends, including sales, usage and forecasted usage of specific inventory items. As a result, we now expect that certain inventory could be held beyond one year. As of March 31, 2016, approximately $7.4 million of inventory was classified as non-current inventory and included within other assets on the accompanying consolidated balance sheet. To reflect the result of this change, for consistency we reclassified approximately $7.7 million of inventory as of December 31, 2015 from current assets to non-current and included within other assets on the consolidated balance sheet. Corresponding reclassifications have also been made to the Consolidated Condensed Statement of Cash Flows for the periods ended March 31, 2015 and 2016, to reflect the gross purchases and sales of these assets as a component of other non-current assets. This change in classification does not affect previously reported cash flows from operations or from financing activities in the Consolidated Condensed Statement of Cash Flows, and had no effect on the previously reported Consolidated Condensed Statement of Operations for any period.

 

11


Table of Contents

HEARTWARE INTERNATIONAL, INC.

NOTES TO THE CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Continued)

(unaudited)

 

Note 2. Liquidity

We have funded our operations primarily through product revenue, the issuance of shares of our common stock and the issuance of convertible notes. At March 31, 2016, we had approximately $189.2 million of cash, cash equivalents and available-for-sale investments. Our cash, cash equivalents and available-for-sale investments are expected to be used primarily to fund our ongoing operations including expanding our sales and marketing capabilities on a global basis; research and development (including clinical trials) of new and existing products, components and accessories; regulatory and other compliance functions; acquisition of, and investment in, third-party technologies; as well as for general working capital. We believe our cash, cash equivalents and available-for-sale investment balances are sufficient to support our planned operations for at least the next twelve months.

The accompanying unaudited interim condensed consolidated financial statements have been prepared in conformity with accounting principles generally accepted in the United States, which contemplate continuation of the Company as a going concern. We have incurred substantial losses from operations since our inception, and losses have continued through March 31, 2016. At March 31, 2016, we had an accumulated deficit of approximately $439.0 million.

Note 3. Balance Sheet Information

Accounts Receivable

Accounts receivable consists of amounts due from the sale of our HeartWare Ventricular Assist System (the “HVAD System”) to our customers, which include hospitals, health research institutions and medical device distributors. We grant credit to customers in the normal course of business, but generally do not require collateral or any other security to support credit sales. Our receivables are geographically dispersed, with a significant portion from customers located in Europe and other foreign countries. We had one customer with an accounts receivable balance representing approximately 25% and 17% of our total accounts receivable at March 31, 2016 and December 31, 2015, respectively. A portion of this account receivable was classified as long-term as of March 31, 2016 and December 31, 2015 in accordance with our payment terms with this customer.

We maintain allowances for doubtful accounts for estimated losses that may result from an inability to collect payments owed to us for product sales. We regularly review the allowance by considering factors such as historical experience, the age of the accounts receivable balances and local economic conditions that may affect a customer’s ability to pay. Account balances are charged off against the allowance after appropriate collection efforts have been exhausted and we feel it is probable that the receivable will not be recovered.

The following table summarizes the change in our allowance for doubtful accounts for the three months ended March 31, 2016 and 2015:

 

     2016      2015  
     (in thousands)  

Beginning balance

   $ 676       $ 671   

Reversal of expense

     (154      (26

Charge-offs

     —           —     
  

 

 

    

 

 

 

Ending balance

   $ 522       $ 645   
  

 

 

    

 

 

 

As of March 31, 2016 and December 31, 2015, we recorded customer sales allowances of $92,000 and $81,000, respectively.

 

12


Table of Contents

HEARTWARE INTERNATIONAL, INC.

NOTES TO THE CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Continued)

(unaudited)

 

Inventories, net

Components of inventories are as follows:

 

     March 31,      December 31,  
     2016      2015  
     (in thousands)  

Raw material

   $ 15,090       $ 17,940   

Work-in-process

     9,243         8,858   

Finished goods

     19,074         13,149   
  

 

 

    

 

 

 
   $ 43,407       $ 39,947   
  

 

 

    

 

 

 

Finished goods inventories includes inventory held on consignment at customer sites of approximately $9.1 million at March 31, 2016 and $6.2 million at December 31, 2015. The increase in consignment inventory as of March 31, 2016 is due to pre-shipment of batteries to execute a field action announced in September 2015 (see Accrued Field Action Costs for more information). We review our inventory for excess or obsolete items and write-down obsolete or otherwise unmarketable inventory to its net realizable value.

Property, Plant and Equipment, Net

Property, plant and equipment, net consists of the following:

 

     Estimated      March 31,      December 31,  
     Useful Lives      2016      2015  
     (in thousands)  

Machinery and equipment

     1.5 to 7 years       $ 22,557       $ 21,785   

Leasehold improvements

     3 to 10 years         8,901         8,891   

Office equipment, furniture and fixtures

     5 to 7 years         2,105         2,105   

Purchased software

     1 to 7 years         7,796         7,575   
     

 

 

    

 

 

 
        41,359         40,356   

Less: accumulated depreciation

        (26,757      (25,258
     

 

 

    

 

 

 
      $ 14,602       $ 15,098   
     

 

 

    

 

 

 

Long-Term Investment and Other Assets

Long-term investments consist of the following:

 

     March 31,      December 31,  
     2016      2015  
     (in thousands)  

Investment in Valtech Cardio, Ltd.

   $ 48,960       $ 17,620   

Long-term inventory

     7,367         7,739   

Long-term receivables

     3,953         2,539   

Security deposits

     2,408         2,586   

Other assets

     980         980   
  

 

 

    

 

 

 
   $ 63,668       $ 31,464   
  

 

 

    

 

 

 

Valtech Cardio, Ltd.

As of March 31, 2016, we have invested approximately $48.0 million in Valtech Cardio, Ltd (“Valtech”), an early-stage, privately held company headquartered in Or Yehuda, Israel specializing in the development of devices for mitral and tricuspid valve repair and replacement. Our investment is carried in long-term investments and other assets and consists of the following:

 

13


Table of Contents

HEARTWARE INTERNATIONAL, INC.

NOTES TO THE CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Continued)

(unaudited)

 

     March 31,      December 31,  
     2016      2015  
     (in thousands)  

Preferred Stock

   $ 10,495       $ 10,495   

Convertible Promissory Notes Receivable, due July 10, 2017

     8,222         7,125   

Convertible Promissory Notes Receivable, due February 1, 2019

     30,243         —     
  

 

 

    

 

 

 
   $ 48,960       $ 17,620   
  

 

 

    

 

 

 

In October 2013, we invested $10 million in Valtech in the form of a convertible promissory note with an interest rate of 6% per annum (the “2013 Note”), which, along with net accrued interest, has since been converted to Valtech equity pursuant to the terms of the 2013 Note.

In July 2015, we invested an additional $5 million in Valtech in the form of a convertible promissory note with an interest rate of 6% per annum.

On September 1, 2015, we entered into a Business Combination Agreement (the “BCA”) by and among the Company, Valtech, HW Global, Inc. (“Holdco”), HW Merger Sub, Inc., Valor Merger Sub Ltd. and Valor Shareholder Representative, LLC, pursuant to which we and Valtech proposed to effect a strategic combination of our respective businesses under Holdco, subject to certain closing conditions. Effective January 28, 2016, we terminated the BCA pursuant to the terms of the BCA by delivering written notice to the other parties. After entering into the BCA and pursuant to the terms of the BCA, we loaned Valtech an aggregate principal amount of $3 million in interim funding at an interest rate of 6% per annum in $1 million increments in each of November 2015, December 2015 and January 2016. In connection with the termination provisions of the BCA, we loaned Valtech an additional $30 million on February 1, 2016 also in the form of a convertible promissory note with an interest rate of 6% per annum. We have no current contractual obligations to further fund Valtech.

Upon maturity, each of the convertible promissory notes become due and payable in cash or Valtech preferred stock, at the option of Valtech, pursuant to terms of the convertible promissory notes. If the convertible promissory notes become due and payable upon an event of default (as defined in the notes), we determine whether the notes are paid in cash or Valtech preferred stock.

Our investment in Valtech was deemed to be realizable as of March 31, 2016. The fair value of this investment has not been estimated as of March 31, 2016 and December 31, 2015 as no impairment indicators were identified.

Other Accrued Liabilities

Other accrued liabilities consist of the following:

 

     March 31,      December 31,  
     2016      2015  
     (in thousands)  

Accrued payroll and other employee costs

   $ 7,589       $ 14,068   

Accrued field action

     7,552         8,503   

Accrued warranty

     5,893         6,116   

Accrued material purchases

     2,486         4,107   

Accrued professional fees

     2,002         2,685   

Accrued research and development costs

     1,744         2,191   

Accrued restructuring costs

     1,796         1,955   

Accrued VAT

     1,144         1,238   

Other accrued expenses

     5,315         5,026   
  

 

 

    

 

 

 
   $ 35,521       $ 45,889   
  

 

 

    

 

 

 

 

14


Table of Contents

HEARTWARE INTERNATIONAL, INC.

NOTES TO THE CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Continued)

(unaudited)

 

Accrued payroll and other employee costs

Accrued payroll and other employee costs included estimated year-end employee bonuses of approximately $2.2 million and $8.0 million at March 31, 2016 and December 31, 2015, respectively.

Accrued Warranty

Certain patient accessories sold with the HVAD System are covered by a limited warranty ranging from one to two years. Estimated warranty obligations are recorded as an expense when the related revenue is recognized and are included in cost of revenue on our condensed consolidated statements of operations. Factors that affect the estimated warranty liability include the number of units sold, historical and anticipated rates of warranty claims, cost per claim, and vendor-supported warranty programs. We periodically assess the adequacy of our recorded warranty liabilities and adjust the amounts as necessary. The amount of the liability recorded is equal to the estimated costs to repair or otherwise satisfy claims made by customers.

The following table summarizes the change in our warranty liability for the three months ended March 31, 2016 and 2015:

 

     2016      2015  
     (in thousands)  

Beginning balance

   $ 6,116       $ 4,685   

Accrual for warranty expense

     371         785   

Warranty costs incurred during the period

     (594      (655
  

 

 

    

 

 

 

Ending balance

   $ 5,893       $ 4,815   
  

 

 

    

 

 

 

Accrued Field Action Costs

The costs to repair or replace products associated with field actions and voluntary service campaigns are recorded when they are determined to be probable and reasonably estimable as a cost of revenue. Costs associated with field actions are not included in our warranty liability. The following table summarizes the change in field action liability for the three months ended March 31, 2016 and 2015:

 

     2016      2015  
     (in thousands)  

Beginning balance

   $ 8,503       $ 1,888   

Accrual for field action costs

     3,492         505   

Field action costs incurred during the period

     (4,443      (1,305
  

 

 

    

 

 

 

Ending balance

   $ 7,552       $ 1,088   
  

 

 

    

 

 

 

In February 2015, we expanded a 2013 voluntary field safety corrective action, by initiating a voluntary medical device recall of certain older controllers distributed in the U.S. during the ADVANCE and ENDURANCE clinical trial periods. The action had been initiated in certain foreign markets around the end of 2014. The affected controllers exhibit a higher susceptibility to electrostatic discharge than newer, commercial controllers. This recall was ongoing as of March 31, 2016.

In September 2015, we announced planned field actions to replace certain older AC adapters in use outside the United States and older batteries with new, more reliably designed product improvements. We also announced plans to implement a controller software update intended to improve controller performance reliability. These actions began on January 7, 2016 following requisite regulatory approvals. Recall costs incurred during the three months ended March 31, 2016 were associated with these actions.

The accrued field action liability as of March 31, 2016 includes an allowance of $2.3 million related to the anticipated replacement of certain controllers based upon the potential for the power or driveline connectors to become loose. The Company’s estimated liability for replacements is based upon assumptions which it considers reasonable in light of known circumstances.

During the quarter ended March 31, 2016, the Company recorded charges of $3.5 million related to the above mentioned field actions.

 

15


Table of Contents

HEARTWARE INTERNATIONAL, INC.

NOTES TO THE CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Continued)

(unaudited)

 

Accrued Restructuring Costs

The following table summarizes changes in our accrued restructuring costs for the three months ended March 31, 2016:

 

     Facility Leases  
     (in thousands)  

Beginning balance

   $ 1,955   

Restructuring charges

     —     

Payments

     (179

Adjustments to estimated obligations

     —     

Change in fair value

     20   
  

 

 

 

Ending balance

   $ 1,796   
  

 

 

 

The restructuring obligations reflected above resulted from the closure of CircuLite’s former headquarters in Teaneck, New Jersey, which we ceased to occupy in 2014. The Teaneck operating lease runs September 2020. In connection with this action, we recorded a $1.7 million liability equal to the estimated fair value of the remaining lease obligation as of the cease-use date. The fair value of the remaining liability is remeasured at the estimated fair value at each reporting period. In the three months ended March 31, 2015, this liability was increased by $0.5 million as a result of a change in our estimated sublease start date (see Note 4 for significant inputs in determining estimate). These amounts are included in selling, general and administrative expenses on our condensed consolidated statements of operations.

In the three months ended March 31, 2016 the change in fair value is associated with accretion of the liability due to the effect of the passage of time on the fair value measurement.

Note 4. Fair Value Measurements

FASB ASC 820 – Fair Value Measurements and Disclosures, defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. FASB ASC 820 requires disclosures about the fair value of all financial instruments, whether or not recognized, for financial statement purposes. Disclosures about the fair value of financial instruments are based on pertinent information available to us as of the reporting dates. Accordingly, the estimates presented in the accompanying condensed consolidated financial statements are not necessarily indicative of the amounts that could be realized on disposition of the financial instruments.

FASB ASC 820 specifies a hierarchy of valuation techniques based on whether the inputs to those valuation techniques are observable or unobservable. Observable inputs reflect market data obtained from independent sources, while unobservable inputs reflect market assumptions. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurement) and the lowest priority to unobservable inputs (Level 3 measurement).

The three levels of the fair value hierarchy are as follows:

Level 1 – Quoted prices for identical instruments in active markets.

Level 2 – Quoted prices for similar instruments in active markets; quoted prices for identical or similar instruments in markets that are not active; and model-derived valuations whose inputs are observable or whose significant value drivers are observable.

Level 3 – Instruments with primarily unobservable value drivers.

We review the fair value hierarchy classification on a quarterly basis. Changes in the ability to observe valuation inputs may result in a reclassification of levels of certain securities within the fair value hierarchy. There were no transfers between Level 1, Level 2 and Level 3 during the three months ended March 31, 2016 or 2015.

The carrying amounts reported on our condensed consolidated balance sheets for cash and cash equivalents, accounts receivable, accounts payable and other accrued liabilities approximate their fair value based on the short-term maturity of these instruments. Investments are considered available-for-sale as of March 31, 2016 and December 31, 2015 and are carried at fair value.

 

16


Table of Contents

HEARTWARE INTERNATIONAL, INC.

NOTES TO THE CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Continued)

(unaudited)

 

The following tables represent the fair value of our financial assets and financial liabilities measured at fair value on a recurring basis and which level was used in the fair value hierarchy at the respective dates.

 

                  Fair Value Measurements at the Reporting Date Using  
     Carrying     Fair                       
     Value     Value      Level 1      Level 2      Level 3  
     (in thousands)  

As of March 31, 2016

  

Assets

  

Short-term investments

   $ 74,952      $ 74,952       $ —         $ 74,952       $ —     

Long-term investments

     980        980         —           980         —     

Liabilities

             

Convertible senior notes

     189,572 (1)      175,438         —           175,438         —     

Contingent consideration

     12,910        12,910         —           —           12,910   

Royalties

     934        934         —           —           934   

Lease exit costs

     1,796        1,796         —           —           1,796   

 

                  Fair Value Measurements at the Reporting Date Using  
     Carrying     Fair                       
     Value     Value      Level 1      Level 2      Level 3  
     (in thousands)  

As of December 31, 2015

  

Assets

  

Short-term investments

   $ 68,531      $ 68,531       $ —         $ 68,531       $ —     

Long-term investments

     980        980         —           980         —     

Liabilities

             

Convertible senior notes

     187,089 (1)      200,351         —           200,351         —     

Contingent consideration

     12,330        12,330         —           —           12,330   

Royalties

     918        918         —           —           918   

Lease exit costs

     1,955        1,955         —           —           1,955   

 

(1) The carrying amount of our convertible senior notes is net of unamortized discount and deferred financing costs. See Note 7 (Debt) for more information.

Our Level 2 financial assets and liabilities include available-for-sale investments and our convertible senior notes. The fair value of our available-for-sale investments and our convertible senior notes was determined using quoted prices (including trade data) for the instruments in markets that are not active. The fair value of our convertible senior notes is presented for disclosure purposes only.

Financial assets and liabilities are considered Level 3 when their fair values are determined using pricing models, discounted cash flow methodologies or similar techniques, and at least one significant model assumption or input is unobservable. Our Level 3 financial liabilities include the following:

 

    Contingent consideration – Determining the fair value of the contingent consideration related to our acquisition of CircuLite in December 2013 requires significant management judgment or estimation. The estimated fair value is calculated using the income approach, with significant inputs that include various revenue assumptions, discount rates and applying a probability to each outcome. Material changes in any of these inputs could result in a significantly higher or lower fair value measurement. The fair value of the contingent consideration is remeasured at the estimated fair value at each reporting period. Actual amounts paid may differ from the obligations recorded.

 

17


Table of Contents

HEARTWARE INTERNATIONAL, INC.

NOTES TO THE CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Continued)

(unaudited)

 

    Royalties – Royalties represent future royalty payments to be made over the next 14 years pursuant to agreements related to intellectual property licensed or acquired by World Heart Corporation, which we acquired in August 2012. Determination of fair value requires significant management judgment or estimation. The royalty payment obligations were valued using a discounted cash flow model, the future minimum royalty payment amounts and discount rates commensurate with our market risk and the terms of the obligations.

 

    Lease exit costs – In the first quarter of 2014, we ceased the use of CircuLite’s former headquarters in Teaneck, New Jersey, which was subject to an operating lease that runs through the end of 2020, and we recorded a liability equal to the estimated fair value of the remaining lease payments as of the cease-use date. The fair value was estimated based upon the discounted present value of the remaining lease payments, considering future estimated sublease income, estimated broker fees and required tenant improvements. This estimated fair value requires management judgment. The fair value of this liability is remeasured at estimated fair value at each reporting period. Actual amounts paid may differ from the obligation recorded.

The following table summarizes the change in fair value, as determined by Level 3 inputs, of the contingent consideration for the three months ended March 31, 2016:

 

     Contingent
Consideration
 
     (in thousands)  

Beginning balance

   $ 12,330   

Payments

     —     

Change in fair value

     580   
  

 

 

 

Ending balance

   $ 12,910   
  

 

 

 

The change in the fair value of the contingent consideration in the three months ended March 31, 2016 resulting from accretion of the liability due to the effect of the passage of time on the fair value measurement. Adjustments associated with the change in fair value of contingent consideration are presented on a separate line item on our condensed consolidated statements of operations. Potential valuation adjustments will be made in future accounting periods as additional information becomes available, including, among other items, progress toward developing the CircuLite System, as well as revenue and milestone targets as compared to our current projections, with the impact of these adjustments being recorded in our condensed consolidated statements of operations.

The following table summarizes the change in fair value, as determined by Level 3 inputs, of the royalties for the three months ended March 31, 2016:

 

     Royalties  
     (in thousands)  

Beginning balance

   $ 918   

Payments

     (0

Change in fair value

     16   
  

 

 

 

Ending balance

   $ 934   
  

 

 

 

The expense associated with the change in fair value of the royalty payment obligations is included in research and development expenses on our condensed consolidated statements of operations.

The following table summarizes the change in fair value, as determined by Level 3 inputs, of the lease exit costs for the three months ended March 31, 2016:

 

     Lease Exit
Costs
 
     (in thousands)  

Beginning balance

   $ 1,955   

 

18


Table of Contents

HEARTWARE INTERNATIONAL, INC.

NOTES TO THE CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Continued)

(unaudited)

 

Adjustments

     0   

Payments

     (179

Change in fair value

     20   
  

 

 

 

Ending balance

   $ 1,796   
  

 

 

 

The expense associated with changes in the fair value of the lease exit costs is included in selling, general and administrative expenses on our consolidated statements of operations. The change in the fair value of the lease exit costs in the three months ended March 31, 2016 resulting from accretion of the liability due to the effect of the passage of time on the fair value measurement. Potential valuation adjustments will be made in future accounting periods as additional information becomes available, including our ability to sublease the facility in a timely manner and obtain a rate equivalent to our estimated sublease rate, with the impact of these adjustments being recorded in our condensed consolidated statements of operations.

The following table presents quantitative information about the inputs and valuation methodologies used for our fair value measurements classified in Level 3 of the fair value hierarchy as of March 31, 2016:

 

   

Valuation Methodology

 

Significant
Unobservable Input

  Weighted Average
(range, if applicable)
 

Contingent consideration

  Probability weighted income approach   Milestone dates     2020 to 2023   
    Discount rate     17.0% to 24.0%   
    Probability of occurrence     50%   

Royalties

  Discounted cash flow   Discount rate     4.8% to 7.8%   

Lease exit costs

  Discounted cash flow   Sublease start date     March 1, 2017   
    Sublease rate   $ 22.00/square foot   
    Discount rate     3.5%   

Assets That Are Measured at Fair Value on a Nonrecurring Basis

Non-marketable equity investments and non-financial assets such as intangible assets, goodwill and property, plant, and equipment, are evaluated for impairment annually or when indicators of impairment exist and are measured at fair value only if an impairment charge is recorded. In the three months ended March 31, 2016 and 2015, we recorded impairment charges of zero and $1.1 million related to certain property, plant, and equipment. See Note 3 for more information. Non-financial assets such as identified intangible assets acquired in connection with our acquisitions are measured at fair value using Level 3 inputs, which include discounted cash flow methodologies, or similar techniques, when there is limited market activity and the determination of fair value requires significant judgment or estimation.

 

19


Table of Contents

HEARTWARE INTERNATIONAL, INC.

NOTES TO THE CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Continued)

(unaudited)

 

Note 5. Investments

We have cash investment policies that limit investments to investment-grade-rated securities. At March 31, 2016 and December 31, 2015, all of our investments were classified as available-for-sale and carried at fair value. At March 31, 2016 and December 31, 2015, our short-term and long-term investments had maturity dates of less than twenty-four months.

The amortized cost and fair value of our investments, with gross unrealized gains and losses, were as follows:

 

            Gross      Gross         
     Amortized      Unrealized      Unrealized      Aggregate  
     Cost Basis      Gains      Losses      Fair Value  
     (in thousands)  

At March 31, 2016

  

Short-term investments:

           

Corporate debt

   $ 32,492       $ 0       $ (31    $ 32,461   

U.S. government agency debt

     30,000         2         (6      29,996   

Certificates of deposit

     12,495         —           —           12,495   
  

 

 

    

 

 

    

 

 

    

 

 

 

Total short-term investments

   $ 74,987       $ 2       $ (37    $ 74,952   
  

 

 

    

 

 

    

 

 

    

 

 

 

Long-term investments:

           

Certificates of deposit

   $ 980       $ —         $ —         $ 980   
  

 

 

    

 

 

    

 

 

    

 

 

 

Total long-term investments

   $ 980       $ —         $ —         $ 980   
  

 

 

    

 

 

    

 

 

    

 

 

 

 

            Gross      Gross         
     Amortized      Unrealized      Unrealized      Aggregate  
     Cost Basis      Gains      Losses      Fair Value  
     (in thousands)  

At December 31, 2015

           

Short-term investments:

           

Corporate debt

   $ 32,666       $ —         $ (100    $ 32,566   

U.S. government agency debt

     25,000         —           (60      24,940   

Certificates of deposit

     11,025         —           —           11,025   
  

 

 

    

 

 

    

 

 

    

 

 

 

Total short-term investments

   $ 68,691       $ —         $ (160    $ 68,531   
  

 

 

    

 

 

    

 

 

    

 

 

 

Long-term investments:

           

Certificates of deposit

   $ 980       $ —         $ —         $ 980   
  

 

 

    

 

 

    

 

 

    

 

 

 

Total long-term investments

   $ 980       $ —         $ —         $ 980   
  

 

 

    

 

 

    

 

 

    

 

 

 

For the three months ended March 31, 2016 and 2015, we did not have any realized gains or losses on our investments. At March 31, 2016 and December 31, 2015, the number of available-for-sale investments that had been in a continuous loss position for more than twelve months was twelve and thirteen, respectively. As of March 31, 2016, a total of six individual securities had been in an unrealized loss position for twelve months or less and the losses were determined to be temporary. We regularly review our investment portfolio to determine if any security is other-than-temporarily impaired, which would require us to record an impairment charge in the period any such determination is made. In making this judgment, we evaluate, among other things, the duration and extent to which the fair value of a security has been less than its amortized cost, the financial condition of the issuer, the time to maturity of the investment and our intent to sell the security prior to maturity where we would not be able to recover its amortized cost basis.

 

20


Table of Contents

HEARTWARE INTERNATIONAL, INC.

NOTES TO THE CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Continued)

(unaudited)

 

Note 6. Goodwill, In-Process Research and Development and Other Intangible Assets, Net

Goodwill

The carrying amount of goodwill and the change in the balance for the three months ended March 31, 2016 and 2015 is as follows:

 

     2016      2015  
     (in thousands)  

Beginning balance

   $ 61,233       $ 61,390   

Additions

     —           —     

Impairment

     —           —     

Foreign currency translation impact

     49         (167
  

 

 

    

 

 

 

Ending balance

   $ 61,282       $ 61,223   
  

 

 

    

 

 

 

In-Process Research and Development

The carrying value of our in-process research and development assets, which relate to the development and potential commercialization of certain acquired technologies, consisted of the following at March 31, 2016 and December 31, 2015:

 

     March 31,
2016
     December 31,
2015
 
     (in thousands)  

CircuLite System technology

   $ 10,800       $ 10,800   
  

 

 

    

 

 

 

In-process research and development has an indefinite life. At the time the economic life becomes determinable (upon project completion or abandonment) the amount will be amortized over its expected remaining life.

Other Intangible Assets

Other intangible assets, net consisted of the following:

 

     March 31,
2016
     December 31,
2015
 
     (in thousands)  

Patents

   $ 7,816       $ 7,424   

Purchased intangible assets

     

Acquired technology rights

     9,925         9,925   
  

 

 

    

 

 

 
     17,741         17,349   

Less: Accumulated amortization – Patents

     (1,691      (1,551

Less: Accumulated amortization – Purchased intangible assets

     (3,080      (2,753
  

 

 

    

 

 

 
   $ 12,970       $ 13,045   
  

 

 

    

 

 

 

Our other intangible assets are amortized using the straight-line method over their estimated useful lives as follows:

 

Patents

   15 years

Purchased intangible assets Acquired technology rights

   6 to 16 years

Amortization expense was $0.5 million for each of the three months ended March 31, 2016 and 2015.

 

21


Table of Contents

HEARTWARE INTERNATIONAL, INC.

NOTES TO THE CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Continued)

(unaudited)

 

Note 7. Debt

At March 31, 2016 and December 31, 2015, we had outstanding convertible debt as follows:

 

     March 31,
2016
     December 31,
2015
 
     (in thousands)  

Principal amount of the 3.5% convertible senior notes, due 2017

   $ 42,471       $ 42,471   

Deferred financing costs

     (3,527      (3,652

Unamortized discount

     (5,305      (5,994
  

 

 

    

 

 

 
   $ 33,639       $ 32,825   
  

 

 

    

 

 

 

Equity component

   $ 7,629       $ 7,629   
  

 

 

    

 

 

 

Principal amount of the 1.75% convertible senior notes, due 2021

   $ 202,366       $  202,366   

Deferred financing costs

     (285      (321

Unamortized discount

     (46,149      (47,781
  

 

 

    

 

 

 
   $ 155,932       $ 154,264   
  

 

 

    

 

 

 

Equity component

   $ 47,400       $ 47,400   
  

 

 

    

 

 

 

Interest expense related to our convertible debt consisted of contractual interest due on the principal amount, amortization of the discount and amortization of the portion of the deferred financing costs allocated to the long-term debt component and was included in interest expense in our condensed consolidated statements of operations. For the three months ended March 31, 2016 and 2015, interest expense related to our convertible debt was as follows:

 

     Three Months Ended
March 31,
 
     2016      2015  
     (in thousands)  

Coupon rate

   $ 1,257       $ 1,258   

Amortization of discount

     2,321         2,068   

Amortization of deferred financing costs

     162         111   
  

 

 

    

 

 

 
   $ 3,740       $ 3,437   
  

 

 

    

 

 

 

3.5% Convertible Senior Notes

On December 15, 2010, we completed the sale of 3.5% convertible senior notes due December 15, 2017, unless earlier repurchased by us or converted (the “2017 Notes”) for an aggregate principal amount of $143.75 million, pursuant to the terms of an indenture dated December 15, 2010 (the “Indenture”) and a supplemental indenture (the “First Supplemental Indenture”), both filed with the SEC as exhibits to our Current Report on Form 8-K on December 15, 2010. The 2017 Notes are senior unsecured obligations of the Company. The 2017 Notes bear interest at a rate of 3.5% per annum, payable semi-annually in arrears on June 15 and December 15 of each year.

In May 2015, we entered into separate, privately negotiated, exchange agreements (the “Exchange”) with certain holders of our outstanding 2017 Notes. The general terms of exchange agreements were filed with the SEC on May 7, 2015 as an exhibit to our Current Report on Form 8-K. Pursuant to these agreements, we exchanged $101.3 million aggregate principal amount of the 2017 Notes for $118.2 million principal amount of 1.75% convertible senior notes due 2021 (see further discussion below). We did not receive any proceeds related to the Exchange.

Pursuant to the terms of the Indenture and First Supplemental Indenture, the 2017 Notes are convertible at an initial conversion rate of 10 shares of our common stock per $1,000 principal amount of 2017 Notes, which corresponds to an initial conversion price of $100.00 per share of our common stock. The conversion rate is subject to adjustment from time to time upon the occurrence of certain events.

 

22


Table of Contents

HEARTWARE INTERNATIONAL, INC.

NOTES TO THE CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Continued)

(unaudited)

 

The 2017 Notes mature on December 15, 2017, unless earlier repurchased by us or converted. Prior to June 15, 2017, holders may convert their 2017 Notes at their option only upon satisfaction of one or more of the conditions specified in the Indenture relating to the (i) sale price of our common stock, (ii) the trading price per $1,000 principal amount of 2017 Notes or (iii) specified corporate events. On or after June 15, 2017, until the close of business of the business day immediately preceding the date the 2017 Notes mature, holders may convert their 2017 Notes at any time, regardless of whether any of the foregoing conditions have been met. Upon conversion, we will pay or deliver, as the case may be, cash, shares of our common stock or a combination thereof, at our election.

Based on the initial conversion rate of 10 shares of our common stock per $1,000 principal amount of 2017 Notes, which corresponds to an initial conversion price of $100.00 per share of our common stock, the number of shares issuable upon conversion of the 2017 Notes is 424,710. The value of these shares, based on the closing price of our common stock on March 31, 2016 of $31.42 per share, was approximately $13.3 million. The fair value of our 2017 Notes as presented in Note 4 was $38.2 million at March 31, 2016.

1.75% Convertible Senior Notes

In May 2015, we issued $84.2 million principal amount of 1.75% convertible senior notes due December 15, 2021 (the “2021 Notes”), unless earlier repurchased, redeemed or converted (the “2021 Notes”) pursuant to the terms of the Indenture and a second supplemental indenture (the “Second Supplemental Indenture”), which was filed with the SEC on May 19, 2015 as an exhibit to our Current Report on from 8-K. Combined with the 2021 Notes issued in connection with the Exchange described above, the aggregate principal amount issued under the 2021 Notes was $202.4 million. The Exchange resulted in the retirement of outstanding 2017 Notes with a carrying value of $83.1 million, the write-off of unamortized debt issuance costs of $1.0 million and settlement of $10.7 million related to the conversion feature embedded in the 2017 Notes. The 2021 Notes offered in the Exchange had a fair value of $88.0 million, which resulted in a loss on extinguishment of debt of $16.6 million in the three months ended June 30, 2015.

The net proceeds from the issuance of the 2021 Notes amounted to $75.5 million, net of deferred issuance costs paid as of September 30, 2015. In connection with the issuance of the 2021 Notes, we incurred costs of approximately $5.2 million. The 2021 Notes are senior unsecured obligations of the Company and bear interest at a rate of 1.75% per annum, payable semi-annually in arrears on June 15 and December 15 of each year.

Pursuant to the terms of the Indenture and the Second Supplemental Indenture, the 2021 Notes are convertible at an initial conversion rate of 10 shares of our common stock per $1,000 principal amount of 2021 Notes, which corresponds to an initial conversion price of $100.00 per share of our common stock. The conversion rate is subject to adjustment from time to time upon the occurrence of certain events.

The 2021 Notes mature on December 15, 2021 unless earlier repurchased, redeemed or converted. Prior to the close of business on the business day immediately preceding June 15, 2021, holders may convert their 2021 Notes at their option only under the following circumstances: (i) sale price of our common stock, (ii) the trading price per $1,000 principal amount of 2017 Notes or (iii) specified corporate events, or (iv) if we call the 2021 Notes for redemption, until the close of business on the business day immediately preceding the redemption date. On or after June 15, 2021 until the close of business on the scheduled trading day immediately preceding the maturity date, holders may convert their 2021 Notes at any time, regardless of whether any of the foregoing conditions has been met.

Based on the initial conversion rate of 10 shares of our common stock per $1,000 principal amount of 2021 Notes, which corresponds to an initial conversion price of $100.00 per share of our common stock, the number of shares issuable upon conversion of the 2021 Notes is 2,023,660. The value of these shares, based on the closing price of our common stock on March 31, 2016 of $31.42 per share, was approximately $63.6 million. The fair value of our 2021 Notes as presented in Note 4 was $137.2 million at March 31, 2016.

 

23


Table of Contents

HEARTWARE INTERNATIONAL, INC.

NOTES TO THE CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Continued)

(unaudited)

 

Accounting for Debt Transactions

In accordance with accounting guidance for debt with conversion and other options, we separately account for the liability and equity components of the Convertible Notes by allocating the proceeds between the liability component and the embedded conversion option, or equity component, due to our ability to settle the Convertible Notes in cash, common stock or a combination of cash and common stock, at our option. The carrying amount of the liability component was calculated by measuring the fair value of a similar liability that does not have an associated convertible feature. The allocation was performed in a manner that reflected our non-convertible debt borrowing rate for similar debt. The equity component of the Convertible Notes was recognized as a debt discount and represents the difference between the proceeds from the issuance of the Convertible Notes and the fair value of the liability of the Convertible Notes on their respective dates of issuance. The excess of the principal amount of the liability component over its carrying amount, or debt discount, is amortized to interest expense using the effective interest method over the life of the Convertible Notes. The equity component is not remeasured as long as it continues to meet the conditions for equity classification. Additionally, we allocated the costs related to the issuance of the Convertible Notes on the same percentage as the long-term debt and equity components, such that a portion of the costs is allocated to the long-term component and the equity component included in additional paid-in-capital. These deferred financing costs are being amortized to interest expense over the life of the Convertible Notes using the effective interest method.

Note 8. Stockholders’ Equity

On January 30, 2014, we filed a shelf registration statement with the SEC on Form S-3. This shelf registration statement allows us to offer and sell from time to time, in one or more series or issuances and on terms that we will determine at the time of the offering any combination and amount of the securities described in the prospectus contained in the registration statement or in the prospectus supplement filed with respect to a particular offering. An aggregate of 530,816 shares of our common stock were registered for issuance pursuant to various prospectus filings on January 30, 2014 in connection with our acquisition of CircuLite. As of March 31, 2016, there remained 248,872 shares of our common stock reserved for potential issuance in connection with future contingent milestone payments under the terms of the merger agreement.

In the three months ended March 31, 2016, we issued 131,031 shares of our common stock upon the vesting of restricted stock units pursuant to stockholder approved equity plans. There were no options exercised during this period.

In the three months ended March 31, 2015, we issued an aggregate of 1,429 shares of our common stock upon the exercise of stock options and an aggregate of 88,184 shares of our common stock upon the vesting of restricted stock units.

 

24


Table of Contents

HEARTWARE INTERNATIONAL, INC.

NOTES TO THE CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Continued)

(unaudited)

 

Note 9. Share-Based Compensation

We allocate share-based compensation expense to cost of revenue, selling, general and administrative expense and research and development expense based on the award holder’s employment function. For the three months ended March 31, 2016 and 2015, we recorded share-based compensation expense as follows:

 

     Three Months Ended
March 31,
 
     2016      2015  
     (in thousands)  

Cost of revenue

   $ 495       $ 438   

Selling, general and administrative

     2,653         3,449   

Research and development

     1,239         2,089   
  

 

 

    

 

 

 
   $ 4,387       $ 5,976   
  

 

 

    

 

 

 

Deferred tax benefits attributed to our share-based compensation expense are not recognized in the accompanying condensed consolidated financial statements because we are in a net operating loss position and a full valuation allowance is maintained for all net deferred tax assets. We receive a tax deduction for certain stock option exercises during the period the options are exercised, and for the vesting of restricted stock units during the period the restricted stock units vest. For stock options, the amount of the tax deduction is generally for the excess of the fair market value of our shares of common stock over the exercise price of the stock options at the date of exercise. For restricted stock units, the amount of the tax deduction is generally for the fair market value of our shares of common stock at the vesting date. Excess tax benefits are not included in the accompanying condensed consolidated financial statements because we are in a net operating loss position and a full valuation allowance is maintained for all net deferred tax assets.

Equity Plans

We have issued share-based awards to employees, non-executive directors and outside consultants through various approved plans and outside of any formal plan. New shares are issued upon the exercise of share-based awards.

Upon receipt of stockholder approval on May 31, 2012, we adopted the HeartWare International, Inc. 2012 Incentive Award Plan (“2012 Plan”). The 2012 Plan provides for the grant of incentive stock options, non-qualified stock options, restricted stock, restricted stock units, performance awards, dividend equivalent rights, deferred stock, deferred stock units, stock payments and stock appreciation rights (collectively referred to as “Awards”), to our directors, employees and consultants. At our 2015 Annual Meeting of Stockholders held on June 4, 2015, our stockholders approved an amendment to the 2012 Plan to increase the number of shares of our common stock available for issuance by 1.1 million shares. Under the terms of the 2012 Plan, as amended, the total number of shares of our common stock reserved for issuance under Awards is 2,475,000, provided that the total number of shares of our common stock that may be issued pursuant to “Full Value Awards” (Awards other than options, stock appreciation rights or other Awards for which the holder pays the intrinsic value existing as of the date of grant whether directly or by forgoing a right to receive a payment from the Company) is 2,375,000. As of March 31, 2016, 407,969 shares have been issued upon vesting of Awards issued under the 2012 Plan and Awards with respect to 911,349 shares were issued and outstanding under the 2012 Plan. Subsequent to adoption of the 2012 Plan, no new Awards will be granted under our prior plans. Any outstanding Awards under the prior plans will continue to be subject to the terms and conditions of the plan under which they were granted.

Stock Options

Each option allows the holder to subscribe for, and be issued, one share of our common stock at a specified price, which is generally the quoted market price of our common stock on the date the option is issued. Options generally vest on a pro-rata basis on each anniversary of the issuance date within three or four years of the date the option is issued. Options may be exercised after they have vested and prior to the specified expiry date provided applicable exercise conditions are met, if any. The expiry date can be for periods of up to ten years from the date the option is issued.

The fair value of each option is estimated on the date of grant using the Black-Scholes option pricing model based on the assumptions established at that time. In the three months ended March 31, 2016 and 2015, we issued 149,940 and zero stock options, respectively.

 

25


Table of Contents

HEARTWARE INTERNATIONAL, INC.

NOTES TO THE CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Continued)

(unaudited)

 

Information related to options granted under all of our plans at March 31, 2016 and activity in the three months then ended is as follows (certain amounts in U.S.$ were converted from AU$ at the then period-end spot rate):

 

                   Weighted         
            Weighted      Average      Aggregate  
     Number of      Average      Remaining      Intrinsic  
     Options      Exercise      Contractual Life      Value  
     (in thousands)      Price      (Years)      (in thousands)  

Outstanding at December 31, 2015

     111       $ 49.20         

Granted

     150         33.49         

Exercised

     —           —           

Forfeited

     (10      51.28         

Expired

     —           —           
  

 

 

          

Outstanding at March 31, 2016

     251         39.63         7.21       $ 332   
  

 

 

          

Exercisable at March 31, 2016

     92         43.75         2.77       $ 332   
  

 

 

          

The aggregate intrinsic values at March 31, 2016 noted in the table above represent the number of in-the-money options outstanding or exercisable multiplied by the closing price of our common stock traded on NASDAQ less the weighted-average exercise price at period end.

The total intrinsic value of options exercised in the three months ended March 31, 2016 and 2015 was zero and approximately $0.1 million, respectively. Cash received from options exercised in the three months ended March 31, 2016 and 2015 was zero and $31,000, respectively.

At March 31, 2016, there was approximately $2.1 million of unrecognized compensation expense, net of estimated forfeitures, related to non-vested options. This expense is expected to be recognized over a weighted-average period of 1.8 years.

Restricted Stock Units

Each restricted stock unit (“RSU”) represents a contingent right to receive one share of our common stock. RSUs generally vest on a pro-rata basis on each anniversary of the issuance date over three or four years or vest in accordance with performance-based criteria. The RSUs with performance-based vesting criteria vest in one or more tranches contingent upon the achievement of predetermined milestones related to the development of our products, the achievement of certain prescribed clinical and regulatory objectives, the achievement of specific financial performance measures or similar metrics. There is no consideration payable on the vesting of RSUs issued under the plans. Upon vesting, the RSUs are exercised automatically and settled in shares of our common stock.

Information related to RSUs at March 31, 2016 and activity in the three months then ended is as follows:

 

            Weighted-         
            Average         
            Remaining         
     Number of      Contractual      Aggregate  
     Units      Life      Intrinsic Value  
     (in thousands)      (Years)      (in thousands)  

Outstanding at December 31, 2015

     623         

Granted

     296         

Vested/Exercised

     (131      

Forfeited

     (42      

Expired

     —           
  

 

 

       

Outstanding at March 31, 2016

     746         1.93       $ 23,426   
  

 

 

       

The aggregate intrinsic value at March 31, 2016 noted in the table above represents the closing price of our common stock traded on NASDAQ multiplied by the number of RSUs outstanding.

 

26


Table of Contents

HEARTWARE INTERNATIONAL, INC.

NOTES TO THE CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Continued)

(unaudited)

 

At March 31, 2016, 112,522 of the RSUs outstanding were subject to performance-based vesting criteria as described above.

The total intrinsic value of RSUs vested in the three months ended March 31, 2016 and 2015 was approximately $4.4 million and $7.9 million, respectively.

The fair value of each RSU award equals the closing price of our common stock on the date of grant. The weighted-average grant date fair value per share of RSUs granted in the three months ended March 31, 2016 and 2015 was $33.47 and $89.53, respectively.

At March 31, 2016, we had approximately $25.6 million of unrecognized compensation expense related to non-vested RSU awards, net of estimated forfeitures. This expense is expected to be recognized over a weighted-average period of 2.0 years.

Note 10. Net Loss Per Share

Basic net loss per common share is computed by dividing net loss for the period by the weighted-average number of common shares outstanding for each respective period. Diluted net loss per common share adjusts basic net loss per common share for the dilutive effects of share-based awards as determined under the treasury stock method, our convertible senior notes as determined under the if-converted method, and other potentially dilutive instruments only in the periods in which the effect is dilutive. Due to our net loss for all periods presented, all potentially dilutive instruments were excluded because their inclusion would have been anti-dilutive. The following instruments have been excluded from the calculation of diluted net loss per share, as their effect would be anti-dilutive.

 

     Three Months Ended  
     March 31,  
Common shares issuable upon:    2016      2015  
     (in thousands)  

Conversion of convertible senior notes

     2,448         1,438   

Exercise or vesting of share-based awards

     997         879   

Note 11. Business Segment, Geographic Areas and Major Customers

For financial reporting purposes, we have one reportable segment which designs, manufactures and markets medical devices for the treatment of advanced heart failure. Products are distributed to customers located in the United States through our clinical trials and as commercial products, as commercial products to customers in Europe and other countries and under special access in certain other countries. Product sales attributed to a country or region are based on the location of the customer to whom the products are sold. Long-lived assets are primarily held in the United States.

Product sales by geographic location were as follows:

 

     Three Months Ended  
     March 31,  
     2016      2015  
     (in thousands)  

United States

   $ 33,348       $ 42,189   

Germany

     10,673         12,741   

International, excluding Germany

     11,053         15,091   
  

 

 

    

 

 

 
   $ 55,074       $ 70,021   
  

 

 

    

 

 

 

As a significant portion of our revenue is generated outside of the United States, we are dependent on favorable economic and regulatory environments for our products in Europe and other countries outside of the United States. For the three months ended March 31, 2016 and 2015, no customer exceeded 10% of product sales individually.

 

27


Table of Contents

HEARTWARE INTERNATIONAL, INC.

NOTES TO THE CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Continued)

(unaudited)

 

Note 12. Commitments and Contingencies

We received a warning letter from the FDA, dated June 2, 2014, following an inspection of our Miami Lakes, Florida facility conducted in January 2014. The FDA letter cited four categories for us to address: (1) procedures for validating device design, including device labeling; (2) procedures for implementing corrective and preventive action (“CAPA”); (3) maintaining records related to investigations; and (4) validation of computer software used as part of production or quality systems. The warning letter did not require any action by physicians or patients and did not restrict use of our devices.

We sent the FDA our initial response to the warning letter within the required fifteen business days of receipt and committed to undertaking certain quality system improvements and providing the FDA with periodic updates. Since 2014 and continuing in 2016, we implemented systemic changes and organizational enhancements to address the four warning letter items and related quality systems. We have established teams to review and address the items cited by the FDA and have engaged external subject matter experts to assist in assessment and remediation efforts. As we continue to evaluate our quality systems, it is possible that we may need to take additional actions including the possibility of voluntary product recalls when necessary to ensure patient safety and effective performance of the HVAD System.

At March 31, 2016, we had purchase order commitments of approximately $46.6 million related to product costs, supplies, services and property, plant and equipment purchases. Many of our materials and supplies require long lead times. Our purchase order commitments reflect materials that may be received up to one year from the date of order.

In addition, we have entered into employment agreements with all of our executive officers. These contracts do not have a fixed term and are constructed on an at-will basis. Some of these contracts provide executives with the right to receive certain additional payments and benefits if their employment is terminated including after a change of control, as defined in these agreements.

From time to time we invest in certain development-stage entities in connection with research activities. Certain contingent milestone payments in connection with these arrangements have not been accrued in the accompanying condensed consolidated financial statements as the amounts are indeterminate at this time.

The taxation and customs requirements, together with other applicable laws and regulations of certain foreign jurisdictions, can be inherently complex and subject to differing interpretation by local authorities. We are subject to the risk that either we have misinterpreted applicable laws and regulations, or that foreign authorities may take inconsistent, unclear or changing positions on local law, customs practices or rules. In the event that we have misinterpreted any of the above, or that foreign authorities take positions contrary to ours, we may incur liabilities that may differ materially from the amounts accrued in the accompanying condensed consolidated financial statements.

Contingent Consideration and Milestone Payments

In December 2013, we acquired CircuLite using a combination of cash, stock and post-acquisition milestone and royalty payments. The post-acquisition payments are payable based upon the achievement of CircuLite related revenue and certain specified performance milestones over periods ranging from 8-10 years subsequent to the acquisition date. The maximum amount of the aggregate post-acquisition payments could be $300 million. As of March 31, 2016, the fair value of the contingent consideration was estimated to be $12.9 million (see Note 4).

License and Development Agreements

From time to time, we license rights to technology or intellectual property from third parties. These licenses may require us to make upfront payments as well as development or other payments upon successful completion of preclinical, clinical, regulatory or revenue milestones. In addition, these agreements may require us to pay royalties on sales of products arising from the licensed technology or intellectual property. Because the achievement of these milestones is not reasonably estimable, we have not recorded a liability in the accompanying consolidated financial statements for any of these contingencies.

 

28


Table of Contents

HEARTWARE INTERNATIONAL, INC.

NOTES TO THE CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Continued)

(unaudited)

 

Litigation

From time to time we may be involved in litigation or other contingencies arising in the ordinary course of business. Except as set forth below, based on the information presently available, management believes there are no contingencies, claims or actions, pending or threatened, the ultimate resolution of which will have a material adverse effect on our financial position, liquidity or results of operations.

On January 22, 2016, the St. Paul Teachers’ Retirement Fund Association filed a putative class action complaint (the “Complaint”) in the United States District Court for the Southern District of New York on behalf of all persons and entities who purchased or otherwise acquired shares of the Company from June 10, 2014 through January 11, 2016 (the “Class Period”). The Complaint claims that the Company and two of our executives violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 by making false and misleading statements about, among other things, the Company’s response to the June 2014 FDA warning letter, the development of the MVAD System and the acquisition of Valtech. The Complaint claims that the disclosure of the purportedly false and misleading statements caused the price of the Company’s stock to drop, and seeks to recover damages on behalf of all purchasers or acquirers of the Company’s stock during the Class Period. The Company intends to vigorously defend itself against these claims. Because of the many questions of fact and law that may arise, the outcome of this legal proceeding is uncertain at this point. As a result we cannot reasonably estimate a range of loss for this action and accordingly have not accrued any liability associated with this action.

In accordance with FASB ASC 450, Contingencies, we accrue loss contingencies including costs of settlement, damages and defense related to litigation to the extent they are probable and reasonably estimable. Otherwise, we expense these costs as incurred. If the estimate of a probable loss is a range and no amount within the range is more likely, we accrue the minimum amount of the range.

Note 13. Subsequent Events

We have evaluated events and transactions that occurred subsequent to March 31, 2016 through the date the financial statements were issued, for potential recognition or disclosure in the accompanying condensed consolidated financial statements. We did not identify any events or transactions that should be recognized or disclosed in the accompanying condensed consolidated financial statements.

 

29


Table of Contents

ITEM 2. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

The following discussion and analysis of our financial condition and results of operations should be read together with our unaudited interim condensed consolidated financial statements and related notes appearing elsewhere in this Quarterly Report on Form 10-Q. Certain abbreviated key terms have the meanings defined elsewhere in this Quarterly Report on Form 10-Q.

Overview

HeartWare is a medical device company that develops and manufactures miniaturized implantable heart pumps, or ventricular assist devices, to treat patients suffering from advanced heart failure. We have one operating segment, which designs, manufactures and markets our medical devices. We are headquartered in Framingham, Massachusetts and have facilities in Miami Lakes, Florida, Arden Hills, Minnesota and Hannover, Germany.

About Heart Failure

Heart failure is a chronic disease that results in the heart’s pumping power being weaker than normal. In a healthy person, the left ventricle of the heart pumps oxygenated blood into the aorta and the blood is then circulated throughout the body until it returns through the venous system to the right side of the heart, which then pumps the blood into the lungs where it is re-oxygenated. If the left ventricle is not working properly, the oxygenated blood is not fully cleared from the lungs and the blood is not circulated effectively. If the muscle of the left ventricle is damaged or is not working efficiently, the ventricle will tend to compensate by working harder in an effort to supply adequate blood flow into the aorta. The increased effort generally results in dilation or enlargement of the ventricle, rather than increased blood flow. This dilation then makes it harder for the heart to contract effectively, which results in even lower blood flow and increased effort and further dilation of the ventricle. This progressive, degenerative process generally continues until the patient becomes debilitated and eventually dies from inadequate clearing of the lungs and inadequate flow of oxygenated blood throughout the body. The inadequate lung clearance or lung congestion is why the advanced stages of heart failure are called congestive heart failure, or CHF.

The HeartWare Ventricular Assist System

HeartWare currently manufactures and sells the HeartWare Ventricular Assist System (the “HVAD System”), which includes a ventricular assist device (“VAD”) or blood pump, patient accessories and surgical tools, and is designed to provide circulatory support for patients in the advanced stage of heart failure. The core of the HVAD System is a proprietary continuous flow blood pump, the HVAD pump, which is a full-output device capable of pumping up to 10 liters of blood per minute. The HVAD System is designed to be implanted adjacent to the heart, avoiding abdominal surgery.

In November 2012, we received approval from the FDA for the HVAD System as a bridge-to-heart-transplantation in patients with end-stage heart failure. The HVAD System has been available in the European Union since receiving CE marking in 2009. In May 2012, we received an expanded European label for long-term use of the HVAD System in all patients at risk of death from refractory, end-stage heart failure. As of March 31, 2016, there have been over 10,000 implants of the HVAD System in patients at over 330 health care sites in 47 countries.

Bridge-to-Transplant

FDA approval for a bridge-to-transplant (“BTT”) indication was based on the results of our pivotal ADVANCE clinical trial, an FDA-approved Investigational Device Exemption (“IDE”) study designed to evaluate the HVAD System as a bridge-to-heart-transplantation for patients with end-stage heart failure, as well as a Continued Access Protocol (“CAP”). Under ADVANCE, 140 patients at 30 hospitals in the U.S. received the HeartWare investigational device between August 2008 and February 2010. The ADVANCE study achieved 94% survival at six months and successfully met its primary endpoint of establishing non-inferiority between the investigational device and comparator arm of the study, which was derived from contemporaneous patients from the Interagency Registry for Mechanically Assisted Circulatory Support (“INTERMACS”) (p<0.0001). Four supplemental allotments of patients were granted by the FDA under a CAP, encompassing more than 250 additional patients.

 

30


Table of Contents

To help assure the continued safety and effectiveness of an approved device, FDA requires a post-approval study (“PAS”) as a condition of approval to assess device performance in a real-world setting. HeartWare’s PAS is a two-year registry study consisting of 600 patients who received an HVAD post approval and an additional 600 control patients derived from a contemporaneous group of patients entered into the INTERMACS database, receiving a continuous flow, intracorporeal left VAD (“LVAD”). The data for both arms of the study will be entered into the INTERMACS registry by the implanting centers. Other post-approval commitments include the transfer of patients from the ADVANCE IDE study into a post-approval trial as well as an obligation to continue training sites in accordance with an approved training program.

Destination Therapy

In May 2012, we completed enrollment in our clinical trial named “ENDURANCE” for a destination therapy indication for the HVAD System. Designed to enroll up to 450 patients at 50 U.S. hospitals, this non-inferiority study is a randomized, controlled, unblinded, multicenter clinical trial to evaluate the use of the HVAD System as a destination therapy in advanced heart failure patients. The study population was selected from patients with end-stage heart failure who have not responded to standard medical management and who are ineligible for heart transplantation. Patients in the study were randomly selected to receive either the HVAD System or, as part of a control group, an alternative ventricular assist device approved by the FDA for destination therapy, in a 2:1 ratio. Each patient receiving the HVAD System or control VAD was followed to the primary endpoint at two years and will undergo subsequent follow-up for a five-year period post implant. In April 2015, we announced that ENDURANCE had achieved its primary endpoint.

In August 2015, we completed enrollment of ENDURANCE2, a supplemental trial to study the clinical benefits of close management of mean arterial pressure in HVAD patient. In ENDURANCE2, HeartWare enrolled 310 patients receiving the HVAD System, as well as 155 control patients using a 2:1 randomization consistent with the original ENDURANCE protocol. HeartWare intends to incorporate the data from both ENDURANCE and ENDURANCE2 into an anticipated Premarket Approval Supplement Application seeking approval of the HVAD System for a destination therapy indication.

Other Clinical Activities

In the fourth quarter of 2013, HeartWare received approval from the Japanese Pharmaceuticals and Medical Devices Agency to commence a clinical study in Japan for market authorization for a BTT indication for the HVAD System. Enrollment was completed in August 2014 with six patients at five clinical sites. All patients reached the primary endpoint and we are currently preparing the submission for market authorization for a BTT indication in Japan.

In addition, in the fourth quarter of 2013, HeartWare received conditional approval from the FDA for a prospective, controlled, unblinded, multicenter clinical trial to evaluate the thoracotomy implant technique for the HVAD System. We began enrollment in this study in January 2015 and completed enrollment in April 2016.

MVAD System

Beyond the HVAD System, we are developing our next-generation miniaturized device, known as the MVAD System. The MVAD System is based on the same technology platform as the HVAD System, but adopts an axial flow, rather than a centrifugal flow configuration. The MVAD pump is less than one-half the size of the HVAD pump and can provide partial or full support. The MVAD System is designed to allow for a variety of configurations and surgical placements with the goal of further reducing surgical invasiveness while producing superior clinical results.

In July 2015, we initiated a multicenter, prospective, non-randomized, single-arm CE Mark trial to evaluate the clinical safety and performance of the MVAD System for the treatment of advanced heart failure. In September 2015, we voluntarily paused the MVAD CE Mark clinical trial to address an MVAD controller manufacturing issue. Subsequent to that action, during the fourth quarter of 2015 and in consultation with study investigators, we began evaluating MVAD System performance and reported adverse events in certain clinical trial patients, including events that showed evidence of pump thrombus. We are currently evaluating various aspects of the MVAD System design to determine whether changes should be made. Should design changes be implemented, initiation of a new trial would likely be required. The timetable for updating affected regulatory filings and restarting clinical implants cannot be reliably projected at this time.

 

31


Table of Contents

CircuLite

On December 1, 2013, we acquired CircuLite, Inc., the developer of the CircuLite Circulatory Support System, a partial-support system designed to treat less-sick, ambulatory, patients with chronic heart failure who are not yet inotrope-dependent. The CircuLite Surgical System is designed for long-term support and is intended to reduce the heart’s workload while improving blood flow to vital organs. The CircuLite System experienced issues that arose after its commercial release and caused the loss of its CE marking in the European Union in March 2014. In January 2015, we discontinued development of the CircuLite micro pump and have focused our efforts on a version of our MVAD pump for our partial-assist program. Thus, delays to the development and regulatory approval of the MVAD System will affect the timing of the development and regulatory approval of the CircuLite System. The next-generation endovascular system, which is expected to be implanted collaboratively by cardiologists and surgeons in a hybrid catheterization (“cath”) lab setting, offers an interventional approach to circulatory support. The CircuLite Circulatory Support System would offer less-invasive, and ultimately interventional, options to patients with earlier-stage heart failure.

FDA Warning Letter

We received a warning letter from the FDA, dated June 2, 2014, following an inspection of our Miami Lakes, Florida facility conducted in January 2014. The FDA letter cited four categories for us to address: (1) procedures for validating device design, including device labeling; (2) procedures for implementing corrective and preventive action (CAPA); (3) maintaining records related to investigations; and (4) validation of computer software used as part of production or quality systems. The warning letter did not require any action by physicians or patients and did not restrict the use of our devices.

We sent the FDA our initial response to the warning letter within the required fifteen business days of receipt and committed to undertaking certain quality system improvements and providing the FDA with periodic updates. Since 2014 and continuing in 2016, we implemented systemic changes and organizational enhancements to address the four warning letter items and related quality systems. We have established teams to review and address the items cited by the FDA and have engaged external subject matter experts to assist in assessment and remediation efforts. As we continue to evaluate our quality systems, it is possible that we may need to take additional actions including the possibility of voluntary product recalls when necessary to ensure patient safety and effective performance of the HVAD System.

Termination of Valtech Business Combination Agreement

On September 1, 2015, we entered into a Business Combination Agreement (the “BCA”) by and among the Company, Valtech, HW Global, Inc. (“Holdco”), HW Merger Sub, Inc., Valor Merger Sub Ltd. and Valor Shareholder Representative, LLC, pursuant to which we and Valtech proposed to effect a strategic combination of our respective businesses under Holdco, subject to certain closing conditions. Effective January 28, 2016, we terminated the BCA pursuant to the terms of the BCA by delivering written notice to the other parties. After entering into the BCA and pursuant to the terms of the BCA, we loaned Valtech an aggregate principal amount of $3 million in interim funding at an interest rate of 6% per annum in $1 million increments in each of November 2015, December 2015 and January 2016. In connection with the termination provisions of the BCA, we loaned Valtech an additional $30 million on February 1, 2016 also in the form of a convertible promissory note with an interest rate of 6% per annum. We have no current contractual obligations to further fund Valtech.

Summary of Recent Financial Performance

Total revenue decreased 21% to $55.1 million for the quarter ended March 31, 2016 compared to $70.0 million during the first quarter of 2015. U.S. revenue decreased by 21% on unit sales decline of 23%, while international revenue decreased by 22% corresponding to a decrease in international unit sales of 15%. Comparative first quarter revenue was impacted by completion of enrollment in our ENDURANCE2 clinical trial in August 2015, increased competition from a competitor’s launch of a new device and continuing enrollment of a competitor’s U.S. IDE study for its new device. Currency changes negatively impacted total revenue by $0.6 million, or approximately 1%, during the first quarter of 2016.

A total of 578 HVAD Systems were sold during the first quarter of 2016, compared to 720 units sold during the fourth quarter of 2015 and 713 units sold in the first quarter of 2015, reflecting the ongoing commercial launch of competitive products internationally and clinical trials in the U.S. Due to these activities we anticipate that our quarterly revenue and market share may be subject to greater volatility in the near-term. As of March 31, 2016, we had 134 customers in the United States and 196 customers internationally.

 

32


Table of Contents

We realized a decrease in gross margin percentage, to 58.2% in the first quarter of 2016 compared to 66.2% in the fourth quarter of 2015 and 68.5% in the first quarter of 2015. This decrease was primarily a result of lower sales volume and a $2.3 million field action charge related to the anticipated replacement of certain controllers.

Combined selling, general, administrative, research and development expenses in the first quarter of 2016 decreased to $46.7 million, compared to $52.3 million in the fourth quarter of 2015 and $53.2 million in the first quarter of 2015. This decrease was primarily due to $2.6 million of restructuring charges associated with the closure of our facility in Aachen, Germany in first quarter of 2015, a reduction in expense of $1.6 million in estimated change in fair value of contingent consideration related to our acquisition of CircuLite compared to first quarter of 2015, and reduced stock based compensation expense of $1.6 million.

First quarter operating expenses included $0.6 million of expense associated with a change in the estimated fair value of contingent consideration obligations related to our acquisition of CircuLite, and $0.3 million of acquired intangible asset amortization compared to $2.1 million and $0.5 million, respectively in the first quarter of 2015.

These summary results are more fully described in Results of Operations below.

Critical Accounting Policies and Estimates

We prepare our financial statements in accordance with accounting principles generally accepted in the United States. We are required to adopt various accounting policies and to make estimates and assumptions in preparing our financial statements that affect the reported amounts of our assets, liabilities, revenue and expenses. On an ongoing basis, we evaluate our estimates and assumptions. We base our estimates on our historical experience to the extent practicable and on various other assumptions that we believe are reasonable under the circumstances and at the time they are made. If our assumptions prove inaccurate or if our future results are not consistent with our historical experience, we may be required to make adjustments in our policies that affect our reported results. Our significant accounting policies are disclosed in Note 3 to the Consolidated Financial Statements included in our Annual Report on Form 10-K for the fiscal year ended December 31, 2015 (“2015 Annual Report on Form 10-K”) filed with the Securities and Exchange Commission on February 26, 2015. During the three months ended March 31, 2016, there were no significant changes to any of our significant accounting policies.

Our most critical accounting policies and estimates include: revenue recognition, inventory capitalization and valuation, accounting for share-based compensation, measurement of fair value, valuation of tax assets and liabilities, reserves, long-lived assets, intangible assets and goodwill, and contingent consideration. We also have other key accounting policies that are less subjective and, therefore, their application is less subject to variations that would have a material impact on our reported results of operations. There have been no material changes to our critical accounting policies and estimates from the information provided in Part II, Item 7, Management’s Discussion and Analysis of Financial Condition and Results of Operations, included in our 2015 Annual Report on Form 10-K.

 

33


Table of Contents

Results of Operations

Three months ended March 31, 2016 and 2015

Revenue, net

In the three months ended March 31, 2016 and 2015, we generated revenue through commercial sales and clinical trials.

 

     Three Months Ended         
     March 31,         
     2016      2015      Change  
     (in thousands)         

Revenue, net

   $ 55,074       $ 70,021         -21

Total revenue was $55.1 million for the quarter ended March 31, 2016, reflecting a 21% decrease in revenue in the United States due to completion of the Company’s ENDURANCE2 clinical trial in third quarter of 2015 and increased competition from a competitor’s clinical trial, as well as a 22% decrease in our international revenue due, in part, to increased competition from a competitor’s launch of a new device. Currency changes negatively impacted total revenue growth by approximately $0.6 million, or 1%, during the first quarter of 2016.

Our U.S. revenue was $33.3 million for the quarter ended March 31, 2016 compared to $42.2 million during the quarter ended March 31, 2015. A total of 295 pumps were sold in the U.S. during the first quarter of 2016 compared to 381 pumps sold in the same period of 2015. The U.S. revenue in the period ended March 31, 2015 included 48 HVAD Systems sold under the Company’s ENDURANCE2 clinical trial.

Our international revenue was $21.7 million for the quarter ended March 31, 2016 compared to $27.8 million during the quarter ended March 31, 2015. A total of 283 pumps were sold internationally during the first quarter of 2016 compared to 332 pumps sold in the same period of 2015. The first quarter of 2016 was a particularly challenging quarter due to increased competition as international centers began reallocating a portion of their implant volumes to a new competitive device.

In the first quarter ended March 31, 2016, approximately 36% of our net revenue was denominated in foreign currencies including principally the Euro and British pound, which was unchanged compared to the same period in 2015. Movements in foreign currency exchange rates have had an effect on our reported revenue amounts in the past and could have a significant favorable or unfavorable impact on our reported revenue amounts in the future.

We hope to generate and grow commercial revenue from product sales as we further expand our sales and marketing efforts on a global basis. Future product sales are dependent on many factors, including perception of product performance, competition and market acceptance among physicians, patients, health care payers and the medical community as well as our capacity to meet customer demand by manufacturing sufficient quantities of our products.

 

34


Table of Contents

Cost of Revenue

Cost of revenue includes costs associated with manufacturing and distributing our products and consists of direct materials, labor and overhead expenses allocated to the manufacturing process, provisions for excess or obsolete inventory, and shipping costs. Cost of revenue totaled approximately $23.0 million and $22.0 million in the three months ended March 31, 2016 and 2015, respectively.

Gross profit and gross margin percentage are as follows:

 

     Three Months Ended  
     March 31,  
     2016     2015  
     (in thousands)  

Gross profit

   $ 32,053      $ 47,981   

Gross margin %

     58     69

The decrease in gross margin percentage was primarily a result of field action costs of $3.5 million, or 6.3% and decreased sales volume.

Selling, General and Administrative

Selling, general and administrative expenses include costs associated with selling and marketing our products and the general corporate administration of the Company. These costs are primarily related to salaries and wages and related employee costs, travel, marketing, external consultants and contractors, legal and accounting fees and general infrastructure costs, and include all operating costs not associated with or otherwise classified as research and development costs or cost of revenue.

 

     Three Months Ended        
     March 31,        
     2016     2015     Change  
     (in thousands)        

Selling, general and administrative expenses

   $ 21,474      $ 21,929        -2

% of operating expenses, excluding changes in fair value of contingent consideration

     46     41  

The decrease of $0.5 million for the three months ended March 31, 2016 as compared to the three months ended March 31, 2015 is primarily due to a $0.9 million reduction in expenses associated with the suspension of the medical device excise tax, $0.8 million reduction in stock-based compensation expense, $0.4 million decrease in restructuring charges and all other expenses of $0.8 million. These reductions were partially offset by increased professional fees of $1.4 million and personnel related costs of $1.0 million.

 

35


Table of Contents

Research and Development

Research and development expenses are the direct and indirect costs associated with developing our products prior to commercialization, including the costs of operating clinical trials, and are expensed as incurred. These expenses fluctuate based on project level activity and consist primarily of salaries and wages and related employee costs of our research and development, clinical and regulatory staffs, external research and development costs, and materials and expenses associated with clinical trials. Research and development expenses also include most costs associated with our compliance with FDA regulations. Additional costs include travel, facilities and overhead allocations.

 

     Three Months Ended        
     March 31,        
     2016     2015     Change  
     (in thousands)        

Total research and development expenses

   $ 25,221      $ 31,267        (19 )% 

% of operating expenses, excluding changes in fair value of contingent consideration

     54     59  

The net decrease of $6.0 million for the three months ended March 31, 2016 as compared to the three months ended March 31, 2015 resulted from a decrease in overall research and development project expenses of $2.8 million, restructuring charges of $2.2 million related to closure of our facility in Aachen, Germany in Q1 2015, stock based compensation of $0.8 million and other net expenses of 0.2 million.

We expect that research and development expenses will continue to represent a significant portion of our operating expenses for the foreseeable future as we continue to incur substantial development costs related to our next-generation products, including the Pal controller, the MVAD System, the CircuLite System and certain early research initiatives. We also expect to incur substantial costs for clinical trials for the HVAD System in new markets and expanded indications and for the MVAD System both in Europe and the United States, as well as ongoing clinical trial expenses associated with bridge-to-transplant post-approval study requirements and ongoing patient follow-up related to the ENDURANCE and LATERAL clinical trials. We expect our warning letter-related expenses to begin to decrease in the second half of 2016 as we complete some of the resource-intensive activities for which we have contracted external consultants and advisors.

Change in Fair Value of Contingent Consideration

On December 1, 2013, we acquired CircuLite, Inc. using a combination of cash and stock. In addition to initial consideration paid at closing, the former CircuLite securityholders may be entitled to receive additional shares of HeartWare common stock (or cash, in certain cases, at our discretion) upon the achievement of certain specified performance milestones and royalty payments. We calculate the estimated fair value of the contingent consideration on a quarterly basis. In the three months ended March 31, 2016, we recorded a $0.6 million charge for the increase in the estimated fair value of the contingent consideration from December 31, 2015 to March 31, 2016. The change in the fair value of the contingent consideration in the three months ended March 31, 2016 was due to the effect of the passage of time on the fair value measurement. In the three months ended March 31, 2015, we recorded a $2.1 million charge for the increase in the estimated fair value of the contingent consideration from December 31, 2014 to March 31, 2015. The change in the fair value of the contingent consideration in the three months ended March 31, 2015 was due to the effect of the passage of time on the fair value measurement.

Determining the estimated fair value of the contingent consideration requires significant management judgment or estimation. The estimated fair value is calculated using the income approach, with significant inputs that include various revenue assumptions, discount rates and applying a probability to each outcome. Material changes in any of these inputs could result in a significantly higher or lower fair value measurement. Potential valuation adjustments will be made in future accounting periods as additional information becomes available, including, among other items, progress toward developing the CircuLite System, as well as revenue and milestone targets as compared to our current projections. Adjustments associated with changes in the estimated fair value of the contingent consideration are presented on a separate line item on our consolidated statements of operations.

 

36


Table of Contents

Foreign Exchange

We generate a substantial portion of our revenue and collect receivables in foreign currencies. Fluctuations in the exchange rate of the U.S. dollar against the Euro, British Pound and Australian dollar can result in foreign currency exchange gains and losses that may significantly affect our financial results. Continued fluctuation of these exchange rates could result in financial results that are not comparable from quarter to quarter.

In the three months ended March 31, 2016, our net foreign exchange gain totaled approximately $0.9 million, compared to a net loss of approximately $3.7 million in the same period of 2015. In 2016 and 2015, the majority of our realized and unrealized foreign exchange gains and losses resulted from the settlement of certain balance sheet accounts, primarily accounts receivable that were denominated in foreign currencies, and the remeasurement to U.S. dollars at period end of certain balance sheet accounts, denominated in foreign currencies, primarily the Euro. We expect to continue to realize foreign exchange gains and losses for the foreseeable future as a significant portion of our sales is denominated in foreign currencies. We do not currently utilize foreign currency contracts to manage foreign exchange risks.

Interest Expense

Interest expense primarily consists of interest incurred on the principal amount of our convertible senior notes issued in December 2010 and May 2015, amortization of the related discount and amortization of the portion of the deferred financing costs allocated to the debt component. The discount on the convertible senior notes and the deferred financing costs are being amortized to interest expense through the maturity dates of the convertible senior notes using the effective interest method.

In the three months ended March 31, 2016, interest expense was approximately $3.7 million, which included $1.2 million of interest incurred on the principal amount of the convertible notes and $2.5 million of non-cash amortization of the discount and deferred financing costs. In the three months ended March 31, 2015, interest expense was approximately $3.4 million, which included $1.3 million of interest incurred on the principal amount of the convertible notes and $2.1 million of non-cash amortization of the discount and deferred financing costs.

Investment Income, net

Investment income is primarily derived from the outstanding Valtech Convertible Notes, financial investments and cash and short-term deposit accounts held in the U.S. The amortization of premium on our financial investments is also included in investment income, net. Investment income, net was approximately $0.7 million in the three months ended March 31, 2016, compared to $0.1 million in the same period in the prior year, the increase of which is primarily due to net interest related to the outstanding Valtech Convertible Notes. We continue to experience low interest rates on our deposits and available-for-sale investments.

Income Taxes

We are subject to taxation in the United States and jurisdictions outside of the United States. These jurisdictions have different marginal tax rates. Foreign earnings are considered to be permanently reinvested in operations outside the U.S. and therefore are not subject to U.S. income taxes until repatriated. As of December 31, 2015, we had no unrepatriated foreign earnings. We have incurred significant U.S. losses since inception, however, changes in issued capital and share ownership, as well as other factors, may limit our ability to utilize any net operating loss carry-forwards, and therefore a 100% valuation allowance has been recorded against our net deferred tax assets in the United States and Australia. For the three months ended March 31, 2016, our tax provision includes estimated foreign taxes in jurisdictions where wholly owned subsidiaries may be subject to current taxes.

 

37


Table of Contents

Liquidity and Capital Resources

As of March 31, 2016, our cash and cash equivalents combined with short-term available-for-sale investments were approximately $189.2 million as compared to $243.6 million at December 31, 2015.

Following is a summary of our cash flow activities for the three months ended March 31, 2016 and 2015:

 

     Three Months Ended March 31,  
     2016      2015  
     (in thousands)  

Net cash used in operating activities

   $ (22,188    $ (7,789

Net cash provided by (used in) investing activities

     (38,664      4,088   

Net cash provided by financing activities

     0         31   

Effect of exchange rate changes on cash and cash equivalents

     (939      3,249   
  

 

 

    

 

 

 

Net decrease in cash and cash equivalents

   $ (61,791    $ (421
  

 

 

    

 

 

 

Cash Used in Operating Activities

For the three months ended March 31, 2016, cash used in operating activities included a net loss of approximately $17.5 million, adjustments for non-cash items totaling $9.6 million and cash used in working capital of $14.3 million. The net loss was driven by normal operating activities including the sale of the HVAD System in the United States and abroad, a charge for the increase in the fair value of contingent consideration and interest expense which were partially offset by foreign exchange gains. Adjustments for non-cash items primarily consisted of $4.4 million of share-based compensation, $2.1 million of depreciation and amortization on long-lived assets, $2.3 million of amortization of the discount on our convertible notes and $0.6 million for the increase in the fair value of contingent consideration related to the CircuLite acquisition. The decrease in cash from changes in working capital primarily included $12.1 million for the decrease in accrued liabilities, an increase in inventories of $3.2 million, $1.6 million for the payment of trade accounts payable, and an increase in prepaid expenses and other assets of $4.0 million. These amounts were partially offset by a decrease in accounts receivable of $6.7 million and an increase in accrued interest on our convertible senior notes of $1.3 million.

For the three months ended March 31, 2015, cash used in operating activities included a net loss of approximately $14.5 million, adjustments for non-cash items totaling $13.9 million and cash used in working capital of $7.1 million. The net loss was driven by normal operating activities including the sale of the HVAD System in the United States and abroad, a charge for the increase in the fair value of contingent consideration, interest expense and foreign exchanges losses. Adjustments for non-cash items primarily consisted of $6.0 million of share-based compensation, $2.2 million of depreciation and amortization on long-lived assets, $2.1 million of amortization of the discount on our convertible notes, $2.1 million for the increase in the fair value of contingent consideration related to the CircuLite acquisition and $1.1 million for the impairment of fixed assets. The decrease in cash from changes in working capital included $3.7 million for the decrease in accrued liabilities, $2.6 million for the payment of trade accounts payable, and an increase in prepaid expenses and other assets of $1.4 million. These amounts were partially offset by an increase in accrued interest on our convertible senior notes of $1.3 million.

Cash Used in Investing Activities

In the three months ended March 31, 2016, net cash used in investing activities included loans to Valtech aggregating $31.0 million, net purchases of available-for-sale securities aggregating $6.5 million, $0.9 million to acquire property, plant and equipment and $0.4 million for intellectual property.

In the three months ended March 31, 2015, net cash provided by investing activities included maturities of available-for-sale securities aggregating $5.0 million. This amount was partially offset by cash usage of $0.7 million to acquire property, plant and equipment and $0.5 million for intellectual property.

Cash Provided by Financing Activities

The exercise of stock options in the three months ended March 31, 2016 and 2015 resulted in cash proceeds of approximately $0 and $31,000, respectively.

 

38


Table of Contents

Operating Capital and Capital Expenditure Requirements

We have incurred operating losses to date and anticipate that we will continue to consume cash and incur substantial net losses as we expand our sales and marketing capabilities, develop new products and seek regulatory approvals for expanded indications of the HVAD System in the United States. For the remainder of 2016, cash on hand is expected to be used primarily to fund our ongoing operations, including:

 

    expanding our sales and marketing capabilities on a global basis;

 

    growing market penetration, particularly in the U.S.;

 

    continued product development, including development of the MVAD pump and Pal controller;

 

    preclinical and clinical costs relating to the MVAD pump, and clinical trials related to expanded indications of the HVAD System;

 

    post-approval monitoring related to the HVAD System;

 

    regulatory and other compliance functions, including activities to enhance our quality systems in response to the warning letter we received from the FDA in June 2014;

 

    replacement of product in the field as a result of ongoing and potential future field actions;

 

    responding to litigation claims;

 

    expand work-in-process and finished goods inventory to support ongoing operations;

 

    strategic activities intended to expand our access to new technologies;

 

    planned investments in infrastructure to support our growth; and

 

    general working capital.

Our convertible notes bear interest at a rate of 1.75% or 3.5% per annum, payable semi-annually in arrears on June 15 and December 15 of each year. To date, all interest payments have been paid on a timely basis. Based on the outstanding principal amount of our convertible senior notes at December 31, 2015, the semi-annual interest payments due on June 15 and December 15, 2016 will be approximately $2.5 million each. These amounts are expected to be paid from cash on hand.

We believe cash on hand and investment balances as of March 31, 2016 are sufficient to support our planned operations for at least the next twelve months. At March 31, 2016, approximately $2.0 million of our cash on hand was held in foreign locations, including Australia, Germany and the United Kingdom. To date, the Company has not had unremitted foreign earnings and has not incurred U.S. federal and state income taxes related to repatriated earnings. As our operations in our foreign subsidiaries grow, we may generate foreign earnings. Any repatriation of those earnings to the United States would likely result in us incurring federal and state income taxes. We currently plan to permanently reinvest any earnings of our foreign subsidiaries.

Because of the numerous risks and uncertainties associated with the development of medical devices, we are unable to estimate the exact amounts of capital outlays and operating expenditures necessary to maintain regulatory approvals, fund commercial expansion, and develop and obtain regulatory approvals for new products. Our future capital requirements will depend on many factors, including but not limited to the following:

 

    implementation of systemic improvements necessary to satisfactorily address the observations cited in the June 2, 2014 warning letter we received from the FDA;

 

    commercial acceptance of our products and our response to competitive pressures;

 

    reimbursement of our products by governmental agencies and third-party payers;

 

    costs to manufacture and ensure regulatory compliance of our products;

 

    expenses required to operate multiple clinical trials;

 

    further product research and development for next-generation products and expanding indications for our products as well as efforts to sustain and implement incremental improvements to existing products;

 

    expanding our sales and marketing capabilities on a global basis;

 

    broadening our infrastructure in order to meet the needs of our growing operations, including regulatory compliance;

 

    replacement of product in the field as a result of ongoing and potential future field actions;

 

    expenses related to funding and integrating strategic investments, acquisitions and collaborative arrangements;

 

    payment, if the moratorium is lifted, of the 2.3% excise tax on gross revenue from the sale of our medical devices in the United States imposed by the Patient Protection and Affordable Care Act;

 

    payment of our convertible notes upon maturity, if not converted or refinanced; and

 

    complying with the requirements related to being a public company in the U.S.

 

39


Table of Contents

Contractual Obligations

During the three months ended March 31, 2016, there were no material changes outside the ordinary course of business to material contractual obligations provided in Part II, Item 7, Management’s Discussion and Analysis of Financial Condition and Results of Operations, and included in our 2015 Annual Report on Form 10-K filed with the SEC on February 26, 2016.

 

40


Table of Contents

ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

Market risk represents the risk of changes in the value of market-risk-sensitive instruments caused by fluctuations in interest rates, foreign exchange rates and commodity prices. Changes in these factors could cause fluctuations in our results of operations and cash flows.

Interest Rate Risk

Our exposure to interest rate risk is currently confined to interest earnings on our cash and cash equivalents that are invested in highly liquid money market funds, short-term time deposits, short-term bank notes and short-term commercial paper. The primary objective of our investment activities is to preserve our capital to fund operations. We also seek to generate reasonable income from our investments without assuming significant risk. We do not presently use derivative financial instruments in our investment portfolio. Our cash and investments policy emphasizes liquidity and preservation of principal over other portfolio considerations.

If interest rates rise, the market value of our investment portfolio may decline, which could result in a loss if we choose or are forced to sell an investment before its scheduled maturity. We do not utilize derivative financial instruments to manage interest rate risks.

Our convertible senior notes do not bear interest rate risk as the notes were issued with a fixed interest rate of 3.5% and 1.75% per annum.

Foreign Currency Rate Fluctuations

We conduct business in foreign countries. For U.S. reporting purposes, we translate all assets and liabilities of our non-U.S. entities at the period-end exchange rate and revenue and expenses at the average exchange rates in effect during the periods. The net effect of these translation adjustments is shown in the accompanying condensed consolidated financial statements as a component of stockholders’ equity.

We generate a significant portion of our revenue and collect receivables in foreign currencies. Fluctuations in the exchange rate of the U.S. dollar against major foreign currencies, including the Euro, British Pound and Australian dollar, can result in foreign currency exchange gains and losses that may significantly impact our financial results. These foreign currency transaction and translation gains and losses are presented as a separate line item on our condensed consolidated statements of operations. Continued fluctuation of these exchange rates could result in financial results that are not comparable from quarter to quarter. We do not currently utilize foreign currency contracts to mitigate the gains and losses generated by the re-measurement of non-functional currency assets and liabilities but do hold cash reserves in currencies in which those reserves are anticipated to be expended.

 

41


Table of Contents

ITEM 4. CONTROLS AND PROCEDURES

Evaluation of Disclosure Controls and Procedures

Our management, with the participation of the Chief Executive Officer and Chief Financial Officer, carried out an evaluation required by the Securities Exchange Act of 1934, as amended (the “Exchange Act”), of the effectiveness of the design and operation of our disclosure controls and procedures, as defined in Rule 13a-15(e) of the Exchange Act, as of March 31, 2016. Based on this evaluation, our Chief Executive Officer and Chief Financial Officer concluded that, as of March 31, 2016, our disclosure controls and procedures were effective to provide reasonable assurance that information required to be disclosed by us in the reports that we file or submit under the Exchange Act is recorded, processed, summarized, and reported within the time periods specified in the SEC’s rules and forms and to provide reasonable assurance that such information is accumulated and communicated to our management, including our Chief Executive Officer and Chief Financial Officer, as appropriate, to allow timely decisions regarding required disclosures.

Changes in Internal Control Over Financial Reporting

There were no changes in our internal control over financial reporting during the fiscal quarter ended March 31, 2016, that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.

Inherent Limitations on Controls and Procedures

Our management, including the Chief Executive Officer and Chief Financial Officer, does not expect that our disclosure controls and procedures or our internal control over financial reporting will prevent all error and all fraud. A control system, no matter how well designed and operated, can provide only reasonable, not absolute, assurance that the control system’s objectives will be met. Further, the design of a control system must reflect the fact that there are resource constraints, and the benefits of controls must be considered relative to their costs. Because of the inherent limitations in all control systems, no evaluation of controls can provide absolute assurance that all control issues and instances of fraud, if any, have been detected. Thus, misstatements due to error or fraud may occur and not be detected. These inherent limitations include the realities that judgments in decision-making can be faulty, and that breakdowns can occur because of simple error or mistake. Additionally, controls can be circumvented by the individual acts of some persons, by collusion of two or more people, or by management override of controls.

 

42


Table of Contents

PART II. OTHER INFORMATION

ITEM 1. LEGAL PROCEEDINGS

Except for the matter discussed below, the Company is not a party to any material pending legal proceedings at the date of filing of this Quarterly Report on Form 10-Q.

On January 22, 2016, the St. Paul Teachers’ Retirement Fund Association filed a putative class action complaint (the “Complaint”) in the United States District Court for the Southern District of New York on behalf of all persons and entities who purchased or otherwise acquired shares of the Company from June 10, 2014 through January 11, 2016 (the “Class Period”). The Complaint claims that the Company and two of our executives violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 by making false and misleading statements about, among other things, the Company’s response to the June 2014 FDA warning letter, the development of the MVAD System and the acquisition of Valtech. The Complaint claims that the disclosure of the purportedly false and misleading statements caused the price of the company’s stock to drop, and seeks to recover damages on behalf of all purchasers or acquirers of the Company’s stock during the Class Period. The Company intends to vigorously defend itself against these claims. Because of the many questions of fact and law that may arise, the outcome of this legal proceeding is uncertain at this point.

On January 28, 2016, we entered into a Cooperation Agreement with Engaged Capital, LLC and certain affiliates (collectively, “Engaged Capital”) pursuant to which, subject to the terms of the Cooperation Agreement, we agreed, among other things, to jointly select an additional independent director to be appointed to the Company’s board of directors and form a business strategy committee of the company’s board of directors. In addition, Engaged Capital agreed to withdraw its previously nominated slate of directors for election at the company’s 2016 annual meeting of stockholders and to certain customary standstill provisions. A copy of the Cooperation Agreement is attached as Exhibit 10.1 to the company’s Current Report on Form 8-K filed with the SEC on January 28, 2016. In February 2016, our board of directors formally established a business strategy committee. In addition, on March 14, 2016 we announced the appointment of Chadwick M. Cornell to Company’s board of directors as an independent director jointly selected with Engaged Capital in satisfaction of our obligation under the Cooperation Agreement.

ITEM 1A. RISK FACTORS

In addition to the information set forth in this report you should carefully consider the risk factors described in Part I, Item 1A. “Risk Factors” in our Annual Report on Form 10-K for the fiscal year ended December 31, 2015 filed with the SEC on February 26, 2016.

ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS

There were no unregistered sales of our equity securities during the three months ended March 31, 2016.

ITEM 6. EXHIBITS

 

31.1    Certification by the Chief Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 *
31.2    Certification by the Chief Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 *
32.1    Certification by the Chief Executive Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 **
32.2    Certification by the Chief Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 **
101    The following materials from the Company’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2016, formatted in eXtensible Business Reporting Language (XBRL): (i) Unaudited Condensed Consolidated Balance Sheets as of March 31, 2016 and December 31, 2015, (ii) Unaudited Condensed Consolidated Statements of Operations for the three months ended March 31, 2016 and 2015, (iii) Unaudited Condensed Consolidated Statements of Comprehensive Loss for the three months ended March 31, 2016 and 2015, (iv) Unaudited

 

43


Table of Contents
   Condensed Consolidated Statement of Stockholders’ Equity for the three months ended March 31, 2016, (v) Unaudited Condensed Consolidated Statements of Cash Flows for the three months ended March 31, 2016 and 2015, and (vi) Notes to Unaudited Condensed Consolidated Financial Statements.

 

* Filed herewith
** Furnished herewith
+ Management contract or compensatory plan or arrangement

 

44


Table of Contents

SIGNATURES

In accordance with the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

    HEARTWARE INTERNATIONAL, INC.
Date: May 5, 2016    

/s/ Douglas Godshall

    Douglas Godshall
    President and Chief Executive Officer
    (Principal Executive Officer)
Date: May 5, 2016    

/s/ Peter F. McAree

    Peter F. McAree
    Senior Vice President and Chief Financial Officer
    (Principal Financial Officer)

 

45


Table of Contents

EXHIBIT INDEX

 

31.1    Certification by the Chief Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
31.2    Certification by the Chief Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
32.1    Certification by the Chief Executive Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
32.2    Certification by the Chief Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
101    The following materials from the Company’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2016, formatted in eXtensible Business Reporting Language (XBRL): (i) Unaudited Condensed Consolidated Balance Sheets as of March 31, 2016 and December 31, 2015, (ii) Unaudited Condensed Consolidated Statements of Operations for the three months ended March 31, 2016 and 2015, (iii) Unaudited Condensed Consolidated Statements of Comprehensive Loss for the three months ended March 31, 2016 and 2015, (iv) Unaudited Condensed Consolidated Statement of Stockholders’ Equity for the three months ended March 31, 2016, (v) Unaudited Condensed Consolidated Statements of Cash Flows for the three months ended March 31, 2016 and 2015, and (vi) Notes to Unaudited Condensed Consolidated Financial Statements.

 

46

Exhibit 31.1

CERTIFICATION BY THE CHIEF EXECUTIVE OFFICER PURSUANT TO

SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002

I, Douglas Godshall, certify that:

 

1. I have reviewed this Quarterly Report on Form 10-Q of HeartWare International, Inc.;

 

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

 

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

 

4. The registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

 

  a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

 

  b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

 

  c) Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

 

  d) Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

 

5. The registrant’s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

 

  a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

 

  b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

Date: May 5, 2016

 

/s/ Douglas Godshall
Douglas Godshall
President and Chief Executive Officer
(Principal Executive Officer)

Exhibit 31.2

CERTIFICATION BY THE CHIEF FINANCIAL OFFICER PURSUANT TO

SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002

I, Peter F. McAree, certify that:

 

1. I have reviewed this Quarterly Report on Form 10-Q of HeartWare International, Inc.;

 

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

 

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

 

4. The registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

 

  a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

 

  b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

 

  c) Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

 

  d) Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

 

5. The registrant’s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

 

  a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

 

  b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

Date: May 5, 2016

 

/s/ Peter F. McAree

Peter F. McAree

Senior Vice President and Chief Financial Officer

(Principal Financial Officer)

Exhibit 32.1

CERTIFICATION BY THE CHIEF EXECUTIVE OFFICER PURSUANT TO

18 U.S.C. SECTION 1350, AS ADOPTED PURSUANT TO

SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

In connection with the Quarterly Report on Form 10-Q of HeartWare International, Inc. (the “Company”) for the quarterly period ended March 31, 2016 as filed with the Securities and Exchange Commission on the date hereof (the “Report”), the undersigned President and Chief Executive Officer of the Company hereby certifies, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that based on his knowledge:

 

(1) the Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934, as amended; and

 

(2) the information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

Date: May 5, 2016

 

/s/ Douglas Godshall
Douglas Godshall
President and Chief Executive Officer
(Principal Executive Officer)

Exhibit 32.2

CERTIFICATION BY THE CHIEF FINANCIAL OFFICER PURSUANT TO

18 U.S.C. SECTION 1350, AS ADOPTED PURSUANT TO

SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

In connection with the Quarterly Report on Form 10-Q of HeartWare International, Inc. (the “Company”) for the quarterly period ended March 31, 2016 as filed with the Securities and Exchange Commission on the date hereof (the “Report”), the undersigned Senior Vice President and Chief Financial Officer of the Company hereby certifies, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that based on his knowledge:

 

(1) the Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934, as amended; and

 

(2) the information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

Date: May 5, 2016

 

/s/ Peter F. McAree
Peter F. McAree
Senior Vice President and Chief Financial Officer
(Principal Financial Officer)
v3.4.0.3
Document and Entity Information - shares
3 Months Ended
Mar. 31, 2016
May. 02, 2016
Document And Entity Information [Abstract]    
Document Type 10-Q  
Amendment Flag false  
Document Period End Date Mar. 31, 2016  
Document Fiscal Year Focus 2016  
Document Fiscal Period Focus Q1  
Trading Symbol htwr  
Entity Registrant Name HeartWare International, Inc.  
Entity Central Index Key 0001389072  
Current Fiscal Year End Date --12-31  
Entity Filer Category Large Accelerated Filer  
Entity Common Stock, Shares Outstanding   17,540,557
v3.4.0.3
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 113,256 $ 175,047
Short-term investments 74,952 68,531
Accounts receivable, net 29,472 35,570
Inventories 43,407 39,947
Prepaid expenses and other current assets 6,905 2,868
Total current assets 267,992 321,963
Property, plant and equipment, net 14,602 15,098
Goodwill 61,282 61,233
In-process research and development 10,800 10,800
Other intangible assets, net 12,970 13,045
Long-term investments and other assets 63,668 31,464
Total assets 431,314 453,603
Current liabilities:    
Accounts payable 13,709 15,249
Other accrued liabilities 35,521 45,889
Total current liabilities 49,230 61,138
Convertible senior notes, net 189,572 187,089
Contingent liabilities - See Note 4 12,910 12,330
Other long-term liabilities $ 4,035 $ 4,554
Commitments and contingencies - See Note 12
Stockholders' equity:    
Preferred stock - $.001 par value; 5,000 shares authorized; no shares issued and outstanding at March 31, 2016 and December 31, 2015
Common stock - $.001 par value; 50,000 shares authorized; 17,536 and 17,405 shares issued and outstanding at March 31, 2016 and December 31, 2015, respectively $ 18 $ 17
Additional paid-in capital 622,606 618,219
Accumulated deficit (438,959) (421,499)
Accumulated other comprehensive loss:    
Cumulative translation adjustments (8,063) (8,085)
Unrealized loss on investments (35) (160)
Total accumulated other comprehensive loss (8,098) (8,245)
Total stockholders' equity 175,567 188,492
Total liabilities and stockholders' equity $ 431,314 $ 453,603
v3.4.0.3
Condensed Consolidated Balance Sheets (Parenthetical) - $ / shares
Mar. 31, 2016
Dec. 31, 2015
Statement of Financial Position [Abstract]    
Preferred stock, par value $ 0.001 $ 0.001
Preferred stock, shares authorized 5,000,000 5,000,000
Preferred stock, shares issued 0 0
Preferred stock, shares outstanding 0 0
Common stock, par value $ 0.001 $ 0.001
Common stock, shares authorized 50,000,000 50,000,000
Common stock, shares issued 17,536,000 17,405,000
Common stock, shares outstanding 17,536,000 17,405,000
v3.4.0.3
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Income Statement [Abstract]    
Revenue, net $ 55,074 $ 70,021
Cost of revenue 23,021 22,040
Gross profit 32,053 47,981
Operating expenses:    
Selling, general and administrative 21,474 21,929
Research and development 25,221 31,267
Change in fair value of contingent consideration 580 2,100
Total operating expenses 47,275 55,296
Loss from operations (15,222) (7,315)
Other income (expense):    
Foreign exchange (loss) gain 920 (3,697)
Interest expense (3,740) (3,437)
Investment income, net 725 146
Other, net 5  
Loss before income taxes (17,312) (14,303)
Provision for income taxes 147 232
Net loss $ (17,459) $ (14,535)
Net loss per common share-basic and diluted $ (1.00) $ (0.85)
Weighted average shares outstanding-basic and diluted 17,462 17,193
v3.4.0.3
Condensed Consolidated Statements of Comprehensive Loss (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Statement of Comprehensive Income [Abstract]    
Net loss $ (17,459) $ (14,535)
Other comprehensive income (loss)    
Foreign currency translation adjustments 23 (254)
Unrealized (loss) gain on investments 124 (245)
Comprehensive loss $ (17,312) $ (15,034)
v3.4.0.3
Condensed Consolidated Statement of Stockholders' Equity (Unaudited) - 3 months ended Mar. 31, 2016 - USD ($)
shares in Thousands, $ in Thousands
Total
Common Shares [Member]
Additional Paid-In Capital [Member]
Accumulated Deficit [Member]
Accumulated Other Comprehensive Loss [Member]
Beginning balance at Dec. 31, 2015 $ 188,492 $ 17 $ 618,219 $ (421,499) $ (8,245)
Beginning balance, Shares at Dec. 31, 2015   17,405      
Issuance of common stock pursuant to share-based awards 1 $ 1      
Issuance of common stock pursuant to share-based awards, Shares   131      
Share-based compensation 4,387   4,387    
Net loss (17,459)     (17,459)  
Other comprehensive income (loss) 147       147
Ending balance at Mar. 31, 2016 $ 175,567 $ 18 $ 622,606 $ (438,959) $ (8,098)
Ending balance, Shares at Mar. 31, 2016   17,536      
v3.4.0.3
Condensed Consolidated Statement of Stockholders' Equity (Unaudited) (Parenthetical)
Mar. 31, 2016
$ / shares
Common Shares, par value $ 0.001
Common Shares [Member]  
Common Shares, par value $ 0.001
v3.4.0.3
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss $ (17,459) $ (14,535)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation of property, plant and equipment 1,609 1,710
Amortization of intangible assets 467 508
Impairment of fixed assets 0 1,118
Share-based compensation expense 4,387 5,976
Amortization of premium on investments 237 300
Amortization of discount on convertible senior notes 2,321 2,068
Amortization of deferred financing costs 162 111
Change in fair value of contingent consideration 580 2,100
Other (144) (6)
Change in operating assets and liabilities:    
Accounts receivable 6,670 (105)
Inventories (3,154) (99)
Prepaid expenses and other current assets (4,002) (1,445)
Other non-current assets (951) (337)
Accounts payable (1,565) (2,625)
Accrued interest on convertible senior notes 1,257 1,258
Other accrued liabilities (12,084) (3,662)
Other long-term liabilities (519) (124)
Net cash used in operating activities (22,188) (7,789)
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchases of investments (9,977)  
Maturities of investments 3,445 5,000
Additions to property, plant and equipment, net (918) (720)
Additions to patents (392) (486)
Investment in unconsolidated investee (31,000)  
Cash received from security deposits 178 294
Net cash provided by (used in) investing activities (38,664) 4,088
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from exercise of stock options 0 31
Net cash provided by financing activities   31
Effect of exchange rate changes on cash and cash equivalents (939) 3,249
DECREASE IN CASH AND CASH EQUIVALENTS (61,791) (421)
CASH AND CASH EQUIVALENTS-BEGINNING OF PERIOD 175,047 102,946
CASH AND CASH EQUIVALENTS-END OF PERIOD $ 113,256 $ 102,525
v3.4.0.3
Basis of Presentation
3 Months Ended
Mar. 31, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Basis of Presentation

Note 1. Basis of Presentation

The accompanying unaudited interim condensed consolidated financial statements for HeartWare International, Inc. (“we,” “our,” “us,” “HeartWare,” the “HeartWare Group” or the “Company”) have been prepared pursuant to the rules and regulations of the Securities and Exchange Commission (“SEC”) for reporting of interim financial information. Pursuant to these rules and regulations, certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States (“U.S. GAAP”) have been condensed or omitted. Accordingly, these statements do not include all the disclosures normally required by U.S. GAAP for annual financial statements and should be read in conjunction with Management’s Discussion and Analysis of Financial Condition and Results of Operations contained in this report and the audited financial statements and notes thereto included in our Annual Report on Form 10-K for the fiscal year ended December 31, 2015. The accompanying condensed consolidated balance sheet as of December 31, 2015 has been derived from our audited financial statements. The unaudited condensed consolidated statements of operations and cash flows for the three months ended March 31, 2016 are not necessarily indicative of the results to be expected for any future period or for the year ending December 31, 2016.

The preparation of our unaudited interim condensed consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting periods. Actual results could differ from those estimates.

In the opinion of management, the accompanying unaudited interim condensed consolidated financial statements contain all adjustments (consisting of only normally recurring adjustments) necessary to present fairly the financial position and results of operations as of the dates and for the periods presented.

New Accounting Standards

Standards Pending Implementation

In March 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2016-09, Improvements to Employee Share-Based Payment Accounting (“ASU 2016-09”). ASU 2016-09 simplifies several aspects of the accounting for share-based payment transactions, including the income tax consequences, classification of awards as either equity or liabilities and classification on the statement of cash flows. This ASU is effective for fiscal years, and interim periods within those years, beginning after December 15, 2016. Early adoption is permitted. The Company is currently assessing the potential impact of adopting ASU 2016-09 on its financial statements and related disclosures.

In February 2016, the FASB issued ASU 2016-02, Leases (“ASU 2016-02”). ASU 2016-02 supersedes the lease guidance under FASB Accounting Standards Codification (“ASC”) Topic 840, Leases, resulting in the creation of FASB ASC Topic 842, Leases. ASU 2016-02 requires a lessee to recognize in the statement of financial position a liability to make lease payments and a right-of-use asset representing its right to use the underlying asset for the lease term for both finance and operating leases. This ASU is effective for fiscal years, and interim periods within those years, beginning after December 15, 2018. Early adoption is permitted. The Company is currently assessing the potential impact of adopting ASU 2016-02 on its financial statements and related disclosures.

In May 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2014-09, Revenue from Contracts with Customers (Topic 606) (“ASU 2014-09”). The updated standard is a new comprehensive revenue recognition model that requires revenue to be recognized in a manner that depicts the transfer of goods or services to a customer at an amount that reflects the consideration expected to be received in exchange for those goods or services. In July 2015, the FASB voted to approve the deferral of the effective date of ASU 2014-09 by one year. Therefore, ASU 2014-09 will become effective for us in the first quarter of our fiscal year ending December 31, 2018. Early adoption is permitted, but not earlier than the first quarter of our fiscal year ending December 31, 2017. The ASU allows for either full retrospective or modified retrospective adoption. We have not yet selected a transition method, and we are currently evaluating the effect that ASU 2014-09 will have on our consolidated financial statements and related disclosures.

 

Implemented Standards

In April 2015, the FASB issued ASU 2015-03, Interest — Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs. In June 2015, the FASB amended ASU 2015-03 with ASU 2015-15. The updated standard requires debt issuance costs related to a recognized debt liability be presented in the balance sheet as a direct deduction from the carrying amount of that debt liability, consistent with debt discounts. This guidance is effective for periods beginning after December 15, 2015, and interim periods within those annual periods applied retrospectively. The Company adopted this guidance in the first quarter of 2016. Debt issuance costs associated with debt were $3.8 and $4.0 million as of March 31, 2016 and December 31, 2015, respectively.

In February 2015, the FASB issued ASU No. 2015-02, Consolidation (Topic 810): Amendments to the Consolidation Analysis, which is intended to improve targeted areas of consolidation guidance for legal entities such as limited partnerships, limited liability corporations and securitization structures (collateralized debt obligations, collateralized loan obligations and mortgage-backed security transactions). This ASU focuses on the consolidation evaluation for reporting organizations (public and private companies and not-for-profit organizations) that are required to evaluate whether they should consolidate certain legal entities. In addition to reducing the number of consolidation models from four to two, the new standard simplifies the FASB Accounting Standards Codification by: i) placing more emphasis on risk of loss when determining a controlling financial interest; ii) reducing the frequency of the application of related-party guidance when determining a controlling financial interest in a variable interest entity (“VIE”); and iii) changing consolidation conclusions for public and private companies in several industries that typically make use of limited partnerships or VIEs. ASU No. 2015-02 will be effective for us in periods beginning after December 15, 2015. Early adoption is permitted, including adoption in an interim period. The Company adopted this guidance in the first quarter of 2016 and it did not have an effect on our consolidated financial position, results of operations or cash flows.

In January 2015, the FASB issued ASU No. 2015-01, Income Statement—Extraordinary and Unusual Items (Subtopic 225-20): Simplifying Income Statement Presentation by Eliminating the Concept of Extraordinary Items. The FASB issued this ASU as part of its initiative to reduce complexity in accounting standards. This ASU eliminates from U.S. GAAP the concept of extraordinary items. Subtopic 225-20 required that an entity separately classify, present, and disclose extraordinary events and transactions. Presently, an event or transaction is presumed to be an ordinary and usual activity of the reporting entity unless evidence clearly supports its classification as an extraordinary item. If an event or transaction meets the criteria for extraordinary classification, an entity is required to segregate the extraordinary item from the results of ordinary operations and show the item separately in the income statement, net of tax, after income from continuing operations. The entity also is required to disclose applicable income taxes and either present or disclose earnings-per-share data applicable to the extraordinary item. The amendments in this ASU are effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2015. A reporting entity may apply the amendments prospectively. A reporting entity also may apply the amendments retrospectively to all prior periods presented in the financial statements. The Company adopted this guidance in the first quarter of 2016 and it did not have an effect on our consolidated financial position, results of operations or cash flows.

Reclassification of Prior Year Presentation

Certain prior year amounts have been reclassified for consistency with the current period presentation. These reclassifications had no effect on the reported results of operations. In the period ended March 31, 2016, management reassessed certain inventory policies based on recent trends, including sales, usage and forecasted usage of specific inventory items. As a result, we now expect that certain inventory could be held beyond one year. As of March 31, 2016, approximately $7.4 million of inventory was classified as non-current inventory and included within other assets on the accompanying consolidated balance sheet. To reflect the result of this change, for consistency we reclassified approximately $7.7 million of inventory as of December 31, 2015 from current assets to non-current and included within other assets on the consolidated balance sheet. Corresponding reclassifications have also been made to the Consolidated Condensed Statement of Cash Flows for the periods ended March 31, 2015 and 2016, to reflect the gross purchases and sales of these assets as a component of other non-current assets. This change in classification does not affect previously reported cash flows from operations or from financing activities in the Consolidated Condensed Statement of Cash Flows, and had no effect on the previously reported Consolidated Condensed Statement of Operations for any period.

v3.4.0.3
Liquidity
3 Months Ended
Mar. 31, 2016
Accounting Policies [Abstract]  
Liquidity

Note 2. Liquidity

We have funded our operations primarily through product revenue, the issuance of shares of our common stock and the issuance of convertible notes. At March 31, 2016, we had approximately $189.2 million of cash, cash equivalents and available-for-sale investments. Our cash, cash equivalents and available-for-sale investments are expected to be used primarily to fund our ongoing operations including expanding our sales and marketing capabilities on a global basis; research and development (including clinical trials) of new and existing products, components and accessories; regulatory and other compliance functions; acquisition of, and investment in, third-party technologies; as well as for general working capital. We believe our cash, cash equivalents and available-for-sale investment balances are sufficient to support our planned operations for at least the next twelve months.

The accompanying unaudited interim condensed consolidated financial statements have been prepared in conformity with accounting principles generally accepted in the United States, which contemplate continuation of the Company as a going concern. We have incurred substantial losses from operations since our inception, and losses have continued through March 31, 2016. At March 31, 2016, we had an accumulated deficit of approximately $439.0 million.

v3.4.0.3
Balance Sheet Information
3 Months Ended
Mar. 31, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Balance Sheet Information

Note 3. Balance Sheet Information

Accounts Receivable

Accounts receivable consists of amounts due from the sale of our HeartWare Ventricular Assist System (the “HVAD System”) to our customers, which include hospitals, health research institutions and medical device distributors. We grant credit to customers in the normal course of business, but generally do not require collateral or any other security to support credit sales. Our receivables are geographically dispersed, with a significant portion from customers located in Europe and other foreign countries. We had one customer with an accounts receivable balance representing approximately 25% and 17% of our total accounts receivable at March 31, 2016 and December 31, 2015, respectively. A portion of this account receivable was classified as long-term as of March 31, 2016 and December 31, 2015 in accordance with our payment terms with this customer.

We maintain allowances for doubtful accounts for estimated losses that may result from an inability to collect payments owed to us for product sales. We regularly review the allowance by considering factors such as historical experience, the age of the accounts receivable balances and local economic conditions that may affect a customer’s ability to pay. Account balances are charged off against the allowance after appropriate collection efforts have been exhausted and we feel it is probable that the receivable will not be recovered.

The following table summarizes the change in our allowance for doubtful accounts for the three months ended March 31, 2016 and 2015:

 

     2016      2015  
     (in thousands)  

Beginning balance

   $ 676       $ 671   

Reversal of expense

     (154      (26

Charge-offs

     —           —     
  

 

 

    

 

 

 

Ending balance

   $ 522       $ 645   
  

 

 

    

 

 

 

As of March 31, 2016 and December 31, 2015, we recorded customer sales allowances of $92,000 and $81,000, respectively.

 

Inventories, net

Components of inventories are as follows:

 

     March 31,      December 31,  
     2016      2015  
     (in thousands)  

Raw material

   $ 15,090       $ 17,940   

Work-in-process

     9,243         8,858   

Finished goods

     19,074         13,149   
  

 

 

    

 

 

 
   $ 43,407       $ 39,947   
  

 

 

    

 

 

 

Finished goods inventories includes inventory held on consignment at customer sites of approximately $9.1 million at March 31, 2016 and $6.2 million at December 31, 2015. The increase in consignment inventory as of March 31, 2016 is due to pre-shipment of batteries to execute a field action announced in September 2015 (see Accrued Field Action Costs for more information). We review our inventory for excess or obsolete items and write-down obsolete or otherwise unmarketable inventory to its net realizable value.

Property, Plant and Equipment, Net

Property, plant and equipment, net consists of the following:

 

     Estimated      March 31,      December 31,  
     Useful Lives      2016      2015  
     (in thousands)  

Machinery and equipment

     1.5 to 7 years       $ 22,557       $ 21,785   

Leasehold improvements

     3 to 10 years         8,901         8,891   

Office equipment, furniture and fixtures

     5 to 7 years         2,105         2,105   

Purchased software

     1 to 7 years         7,796         7,575   
     

 

 

    

 

 

 
        41,359         40,356   

Less: accumulated depreciation

        (26,757      (25,258
     

 

 

    

 

 

 
      $ 14,602       $ 15,098   
     

 

 

    

 

 

 

Long-Term Investment and Other Assets

Long-term investments consist of the following:

 

     March 31,      December 31,  
     2016      2015  
     (in thousands)  

Investment in Valtech Cardio, Ltd.

   $ 48,960       $ 17,620   

Long-term inventory

     7,367         7,739   

Long-term receivables

     3,953         2,539   

Security deposits

     2,408         2,586   

Other assets

     980         980   
  

 

 

    

 

 

 
   $ 63,668       $ 31,464   
  

 

 

    

 

 

 

Valtech Cardio, Ltd.

As of March 31, 2016, we have invested approximately $48.0 million in Valtech Cardio, Ltd (“Valtech”), an early-stage, privately held company headquartered in Or Yehuda, Israel specializing in the development of devices for mitral and tricuspid valve repair and replacement. Our investment is carried in long-term investments and other assets and consists of the following:

 

     March 31,      December 31,  
     2016      2015  
     (in thousands)  

Preferred Stock

   $ 10,495       $ 10,495   

Convertible Promissory Notes Receivable, due July 10, 2017

     8,222         7,125   

Convertible Promissory Notes Receivable, due February 1, 2019

     30,243         —     
  

 

 

    

 

 

 
   $ 48,960       $ 17,620   
  

 

 

    

 

 

 

In October 2013, we invested $10 million in Valtech in the form of a convertible promissory note with an interest rate of 6% per annum (the “2013 Note”), which, along with net accrued interest, has since been converted to Valtech equity pursuant to the terms of the 2013 Note.

In July 2015, we invested an additional $5 million in Valtech in the form of a convertible promissory note with an interest rate of 6% per annum.

On September 1, 2015, we entered into a Business Combination Agreement (the “BCA”) by and among the Company, Valtech, HW Global, Inc. (“Holdco”), HW Merger Sub, Inc., Valor Merger Sub Ltd. and Valor Shareholder Representative, LLC, pursuant to which we and Valtech proposed to effect a strategic combination of our respective businesses under Holdco, subject to certain closing conditions. Effective January 28, 2016, we terminated the BCA pursuant to the terms of the BCA by delivering written notice to the other parties. After entering into the BCA and pursuant to the terms of the BCA, we loaned Valtech an aggregate principal amount of $3 million in interim funding at an interest rate of 6% per annum in $1 million increments in each of November 2015, December 2015 and January 2016. In connection with the termination provisions of the BCA, we loaned Valtech an additional $30 million on February 1, 2016 also in the form of a convertible promissory note with an interest rate of 6% per annum. We have no current contractual obligations to further fund Valtech.

Upon maturity, each of the convertible promissory notes become due and payable in cash or Valtech preferred stock, at the option of Valtech, pursuant to terms of the convertible promissory notes. If the convertible promissory notes become due and payable upon an event of default (as defined in the notes), we determine whether the notes are paid in cash or Valtech preferred stock.

Our investment in Valtech was deemed to be realizable as of March 31, 2016. The fair value of this investment has not been estimated as of March 31, 2016 and December 31, 2015 as no impairment indicators were identified.

Other Accrued Liabilities

Other accrued liabilities consist of the following:

 

     March 31,      December 31,  
     2016      2015  
     (in thousands)  

Accrued payroll and other employee costs

   $ 7,589       $ 14,068   

Accrued field action

     7,552         8,503   

Accrued warranty

     5,893         6,116   

Accrued material purchases

     2,486         4,107   

Accrued professional fees

     2,002         2,685   

Accrued research and development costs

     1,744         2,191   

Accrued restructuring costs

     1,796         1,955   

Accrued VAT

     1,144         1,238   

Other accrued expenses

     5,315         5,026   
  

 

 

    

 

 

 
   $ 35,521       $ 45,889   
  

 

 

    

 

 

 

 

Accrued payroll and other employee costs

Accrued payroll and other employee costs included estimated year-end employee bonuses of approximately $2.2 million and $8.0 million at March 31, 2016 and December 31, 2015, respectively.

Accrued Warranty

Certain patient accessories sold with the HVAD System are covered by a limited warranty ranging from one to two years. Estimated warranty obligations are recorded as an expense when the related revenue is recognized and are included in cost of revenue on our condensed consolidated statements of operations. Factors that affect the estimated warranty liability include the number of units sold, historical and anticipated rates of warranty claims, cost per claim, and vendor-supported warranty programs. We periodically assess the adequacy of our recorded warranty liabilities and adjust the amounts as necessary. The amount of the liability recorded is equal to the estimated costs to repair or otherwise satisfy claims made by customers.

The following table summarizes the change in our warranty liability for the three months ended March 31, 2016 and 2015:

 

     2016      2015  
     (in thousands)  

Beginning balance

   $ 6,116       $ 4,685   

Accrual for warranty expense

     371         785   

Warranty costs incurred during the period

     (594      (655
  

 

 

    

 

 

 

Ending balance

   $ 5,893       $ 4,815   
  

 

 

    

 

 

 

Accrued Field Action Costs

The costs to repair or replace products associated with field actions and voluntary service campaigns are recorded when they are determined to be probable and reasonably estimable as a cost of revenue. Costs associated with field actions are not included in our warranty liability. The following table summarizes the change in field action liability for the three months ended March 31, 2016 and 2015:

 

     2016      2015  
     (in thousands)  

Beginning balance

   $ 8,503       $ 1,888   

Accrual for field action costs

     3,492         505   

Field action costs incurred during the period

     (4,443      (1,305
  

 

 

    

 

 

 

Ending balance

   $ 7,552       $ 1,088   
  

 

 

    

 

 

 

In February 2015, we expanded a 2013 voluntary field safety corrective action, by initiating a voluntary medical device recall of certain older controllers distributed in the U.S. during the ADVANCE and ENDURANCE clinical trial periods. The action had been initiated in certain foreign markets around the end of 2014. The affected controllers exhibit a higher susceptibility to electrostatic discharge than newer, commercial controllers. This recall was ongoing as of March 31, 2016.

In September 2015, we announced planned field actions to replace certain older AC adapters in use outside the United States and older batteries with new, more reliably designed product improvements. We also announced plans to implement a controller software update intended to improve controller performance reliability. These actions began on January 7, 2016 following requisite regulatory approvals. Recall costs incurred during the three months ended March 31, 2016 were associated with these actions.

The accrued field action liability as of March 31, 2016 includes an allowance of $2.3 million related to the anticipated replacement of certain controllers based upon the potential for the power or driveline connectors to become loose. The Company’s estimated liability for replacements is based upon assumptions which it considers reasonable in light of known circumstances.

During the quarter ended March 31, 2016, the Company recorded charges of $3.5 million related to the above mentioned field actions.

 

Accrued Restructuring Costs

The following table summarizes changes in our accrued restructuring costs for the three months ended March 31, 2016:

 

     Facility Leases  
     (in thousands)  

Beginning balance

   $ 1,955   

Restructuring charges

     —     

Payments

     (179

Adjustments to estimated obligations

     —     

Change in fair value

     20   
  

 

 

 

Ending balance

   $ 1,796   
  

 

 

 

The restructuring obligations reflected above resulted from the closure of CircuLite’s former headquarters in Teaneck, New Jersey, which we ceased to occupy in 2014. The Teaneck operating lease runs September 2020. In connection with this action, we recorded a $1.7 million liability equal to the estimated fair value of the remaining lease obligation as of the cease-use date. The fair value of the remaining liability is remeasured at the estimated fair value at each reporting period. In the three months ended March 31, 2015, this liability was increased by $0.5 million as a result of a change in our estimated sublease start date (see Note 4 for significant inputs in determining estimate). These amounts are included in selling, general and administrative expenses on our condensed consolidated statements of operations.

In the three months ended March 31, 2016 the change in fair value is associated with accretion of the liability due to the effect of the passage of time on the fair value measurement.

v3.4.0.3
Fair Value Measurements
3 Months Ended
Mar. 31, 2016
Fair Value Disclosures [Abstract]  
Fair Value Measurements

Note 4. Fair Value Measurements

FASB ASC 820 – Fair Value Measurements and Disclosures, defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. FASB ASC 820 requires disclosures about the fair value of all financial instruments, whether or not recognized, for financial statement purposes. Disclosures about the fair value of financial instruments are based on pertinent information available to us as of the reporting dates. Accordingly, the estimates presented in the accompanying condensed consolidated financial statements are not necessarily indicative of the amounts that could be realized on disposition of the financial instruments.

FASB ASC 820 specifies a hierarchy of valuation techniques based on whether the inputs to those valuation techniques are observable or unobservable. Observable inputs reflect market data obtained from independent sources, while unobservable inputs reflect market assumptions. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurement) and the lowest priority to unobservable inputs (Level 3 measurement).

The three levels of the fair value hierarchy are as follows:

Level 1 – Quoted prices for identical instruments in active markets.

Level 2 – Quoted prices for similar instruments in active markets; quoted prices for identical or similar instruments in markets that are not active; and model-derived valuations whose inputs are observable or whose significant value drivers are observable.

Level 3 – Instruments with primarily unobservable value drivers.

We review the fair value hierarchy classification on a quarterly basis. Changes in the ability to observe valuation inputs may result in a reclassification of levels of certain securities within the fair value hierarchy. There were no transfers between Level 1, Level 2 and Level 3 during the three months ended March 31, 2016 or 2015.

The carrying amounts reported on our condensed consolidated balance sheets for cash and cash equivalents, accounts receivable, accounts payable and other accrued liabilities approximate their fair value based on the short-term maturity of these instruments. Investments are considered available-for-sale as of March 31, 2016 and December 31, 2015 and are carried at fair value.

 

The following tables represent the fair value of our financial assets and financial liabilities measured at fair value on a recurring basis and which level was used in the fair value hierarchy at the respective dates.

 

                  Fair Value Measurements at the Reporting Date Using  
     Carrying     Fair                       
     Value     Value      Level 1      Level 2      Level 3  
     (in thousands)  

As of March 31, 2016

  

Assets

  

Short-term investments

   $ 74,952      $ 74,952       $ —         $ 74,952       $ —     

Long-term investments

     980        980         —           980         —     

Liabilities

             

Convertible senior notes

     189,572 (1)      175,438         —           175,438         —     

Contingent consideration

     12,910        12,910         —           —           12,910   

Royalties

     934        934         —           —           934   

Lease exit costs

     1,796        1,796         —           —           1,796   

 

                  Fair Value Measurements at the Reporting Date Using  
     Carrying     Fair                       
     Value     Value      Level 1      Level 2      Level 3  
     (in thousands)  

As of December 31, 2015

  

Assets

  

Short-term investments

   $ 68,531      $ 68,531       $ —         $ 68,531       $ —     

Long-term investments

     980        980         —           980         —     

Liabilities

             

Convertible senior notes

     187,089 (1)      200,351         —           200,351         —     

Contingent consideration

     12,330        12,330         —           —           12,330   

Royalties

     918        918         —           —           918   

Lease exit costs

     1,955        1,955         —           —           1,955   

 

(1) The carrying amount of our convertible senior notes is net of unamortized discount and deferred financing costs. See Note 7 (Debt) for more information.

Our Level 2 financial assets and liabilities include available-for-sale investments and our convertible senior notes. The fair value of our available-for-sale investments and our convertible senior notes was determined using quoted prices (including trade data) for the instruments in markets that are not active. The fair value of our convertible senior notes is presented for disclosure purposes only.

Financial assets and liabilities are considered Level 3 when their fair values are determined using pricing models, discounted cash flow methodologies or similar techniques, and at least one significant model assumption or input is unobservable. Our Level 3 financial liabilities include the following:

 

    Contingent consideration – Determining the fair value of the contingent consideration related to our acquisition of CircuLite in December 2013 requires significant management judgment or estimation. The estimated fair value is calculated using the income approach, with significant inputs that include various revenue assumptions, discount rates and applying a probability to each outcome. Material changes in any of these inputs could result in a significantly higher or lower fair value measurement. The fair value of the contingent consideration is remeasured at the estimated fair value at each reporting period. Actual amounts paid may differ from the obligations recorded.

 

    Royalties – Royalties represent future royalty payments to be made over the next 14 years pursuant to agreements related to intellectual property licensed or acquired by World Heart Corporation, which we acquired in August 2012. Determination of fair value requires significant management judgment or estimation. The royalty payment obligations were valued using a discounted cash flow model, the future minimum royalty payment amounts and discount rates commensurate with our market risk and the terms of the obligations.

 

    Lease exit costs – In the first quarter of 2014, we ceased the use of CircuLite’s former headquarters in Teaneck, New Jersey, which was subject to an operating lease that runs through the end of 2020, and we recorded a liability equal to the estimated fair value of the remaining lease payments as of the cease-use date. The fair value was estimated based upon the discounted present value of the remaining lease payments, considering future estimated sublease income, estimated broker fees and required tenant improvements. This estimated fair value requires management judgment. The fair value of this liability is remeasured at estimated fair value at each reporting period. Actual amounts paid may differ from the obligation recorded.

The following table summarizes the change in fair value, as determined by Level 3 inputs, of the contingent consideration for the three months ended March 31, 2016:

 

     Contingent
Consideration
 
     (in thousands)  

Beginning balance

   $ 12,330   

Payments

     —     

Change in fair value

     580   
  

 

 

 

Ending balance

   $ 12,910   
  

 

 

 

The change in the fair value of the contingent consideration in the three months ended March 31, 2016 resulting from accretion of the liability due to the effect of the passage of time on the fair value measurement. Adjustments associated with the change in fair value of contingent consideration are presented on a separate line item on our condensed consolidated statements of operations. Potential valuation adjustments will be made in future accounting periods as additional information becomes available, including, among other items, progress toward developing the CircuLite System, as well as revenue and milestone targets as compared to our current projections, with the impact of these adjustments being recorded in our condensed consolidated statements of operations.

The following table summarizes the change in fair value, as determined by Level 3 inputs, of the royalties for the three months ended March 31, 2016:

 

     Royalties  
     (in thousands)  

Beginning balance

   $ 918   

Payments

     (0

Change in fair value

     16   
  

 

 

 

Ending balance

   $ 934   
  

 

 

 

The expense associated with the change in fair value of the royalty payment obligations is included in research and development expenses on our condensed consolidated statements of operations.

The following table summarizes the change in fair value, as determined by Level 3 inputs, of the lease exit costs for the three months ended March 31, 2016:

 

     Lease Exit
Costs
 
     (in thousands)  

Beginning balance

   $ 1,955   

 

Adjustments

     0   

Payments

     (179

Change in fair value

     20   
  

 

 

 

Ending balance

   $ 1,796   
  

 

 

 

The expense associated with changes in the fair value of the lease exit costs is included in selling, general and administrative expenses on our consolidated statements of operations. The change in the fair value of the lease exit costs in the three months ended March 31, 2016 resulting from accretion of the liability due to the effect of the passage of time on the fair value measurement. Potential valuation adjustments will be made in future accounting periods as additional information becomes available, including our ability to sublease the facility in a timely manner and obtain a rate equivalent to our estimated sublease rate, with the impact of these adjustments being recorded in our condensed consolidated statements of operations.

The following table presents quantitative information about the inputs and valuation methodologies used for our fair value measurements classified in Level 3 of the fair value hierarchy as of March 31, 2016:

 

   

Valuation Methodology

 

Significant
Unobservable Input

  Weighted Average
(range, if applicable)
 

Contingent consideration

  Probability weighted income approach   Milestone dates     2020 to 2023   
    Discount rate     17.0% to 24.0%   
    Probability of occurrence     50%   

Royalties

  Discounted cash flow   Discount rate     4.8% to 7.8%   

Lease exit costs

  Discounted cash flow   Sublease start date     March 1, 2017   
    Sublease rate   $ 22.00/square foot   
    Discount rate     3.5%   

Assets That Are Measured at Fair Value on a Nonrecurring Basis

Non-marketable equity investments and non-financial assets such as intangible assets, goodwill and property, plant, and equipment, are evaluated for impairment annually or when indicators of impairment exist and are measured at fair value only if an impairment charge is recorded. In the three months ended March 31, 2016 and 2015, we recorded impairment charges of zero and $1.1 million related to certain property, plant, and equipment. See Note 3 for more information. Non-financial assets such as identified intangible assets acquired in connection with our acquisitions are measured at fair value using Level 3 inputs, which include discounted cash flow methodologies, or similar techniques, when there is limited market activity and the determination of fair value requires significant judgment or estimation.

v3.4.0.3
Investments
3 Months Ended
Mar. 31, 2016
Investments, Debt and Equity Securities [Abstract]  
Investments

Note 5. Investments

We have cash investment policies that limit investments to investment-grade-rated securities. At March 31, 2016 and December 31, 2015, all of our investments were classified as available-for-sale and carried at fair value. At March 31, 2016 and December 31, 2015, our short-term and long-term investments had maturity dates of less than twenty-four months.

The amortized cost and fair value of our investments, with gross unrealized gains and losses, were as follows:

 

            Gross      Gross         
     Amortized      Unrealized      Unrealized      Aggregate  
     Cost Basis      Gains      Losses      Fair Value  
     (in thousands)  

At March 31, 2016

  

Short-term investments:

           

Corporate debt

   $ 32,492       $ 0       $ (31    $ 32,461   

U.S. government agency debt

     30,000         2         (6      29,996   

Certificates of deposit

     12,495         —           —           12,495   
  

 

 

    

 

 

    

 

 

    

 

 

 

Total short-term investments

   $ 74,987       $ 2       $ (37    $ 74,952   
  

 

 

    

 

 

    

 

 

    

 

 

 

Long-term investments:

           

Certificates of deposit

   $ 980       $ —         $ —         $ 980   
  

 

 

    

 

 

    

 

 

    

 

 

 

Total long-term investments

   $ 980       $ —         $ —         $ 980   
  

 

 

    

 

 

    

 

 

    

 

 

 

 

            Gross      Gross         
     Amortized      Unrealized      Unrealized      Aggregate  
     Cost Basis      Gains      Losses      Fair Value  
     (in thousands)  

At December 31, 2015

           

Short-term investments:

           

Corporate debt

   $ 32,666       $ —         $ (100    $ 32,566   

U.S. government agency debt

     25,000         —           (60      24,940   

Certificates of deposit

     11,025         —           —           11,025   
  

 

 

    

 

 

    

 

 

    

 

 

 

Total short-term investments

   $ 68,691       $ —         $ (160    $ 68,531   
  

 

 

    

 

 

    

 

 

    

 

 

 

Long-term investments:

           

Certificates of deposit

   $ 980       $ —         $ —         $ 980   
  

 

 

    

 

 

    

 

 

    

 

 

 

Total long-term investments

   $ 980       $ —         $ —         $ 980   
  

 

 

    

 

 

    

 

 

    

 

 

 

For the three months ended March 31, 2016 and 2015, we did not have any realized gains or losses on our investments. At March 31, 2016 and December 31, 2015, the number of available-for-sale investments that had been in a continuous loss position for more than twelve months was twelve and thirteen, respectively. As of March 31, 2016, a total of six individual securities had been in an unrealized loss position for twelve months or less and the losses were determined to be temporary. We regularly review our investment portfolio to determine if any security is other-than-temporarily impaired, which would require us to record an impairment charge in the period any such determination is made. In making this judgment, we evaluate, among other things, the duration and extent to which the fair value of a security has been less than its amortized cost, the financial condition of the issuer, the time to maturity of the investment and our intent to sell the security prior to maturity where we would not be able to recover its amortized cost basis.

v3.4.0.3
Goodwill, In-Process Research and Development and Other Intangible Assets, Net
3 Months Ended
Mar. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill, In-Process Research and Development and Other Intangible Assets, Net

Note 6. Goodwill, In-Process Research and Development and Other Intangible Assets, Net

Goodwill

The carrying amount of goodwill and the change in the balance for the three months ended March 31, 2016 and 2015 is as follows:

 

     2016      2015  
     (in thousands)  

Beginning balance

   $ 61,233       $ 61,390   

Additions

     —           —     

Impairment

     —           —     

Foreign currency translation impact

     49         (167
  

 

 

    

 

 

 

Ending balance

   $ 61,282       $ 61,223   
  

 

 

    

 

 

 

In-Process Research and Development

The carrying value of our in-process research and development assets, which relate to the development and potential commercialization of certain acquired technologies, consisted of the following at March 31, 2016 and December 31, 2015:

 

     March 31,
2016
     December 31,
2015
 
     (in thousands)  

CircuLite System technology

   $ 10,800       $ 10,800   
  

 

 

    

 

 

 

In-process research and development has an indefinite life. At the time the economic life becomes determinable (upon project completion or abandonment) the amount will be amortized over its expected remaining life.

Other Intangible Assets

Other intangible assets, net consisted of the following:

 

     March 31,
2016
     December 31,
2015
 
     (in thousands)  

Patents

   $ 7,816       $ 7,424   

Purchased intangible assets

     

Acquired technology rights

     9,925         9,925   
  

 

 

    

 

 

 
     17,741         17,349   

Less: Accumulated amortization – Patents

     (1,691      (1,551

Less: Accumulated amortization – Purchased intangible assets

     (3,080      (2,753
  

 

 

    

 

 

 
   $ 12,970       $ 13,045   
  

 

 

    

 

 

 

Our other intangible assets are amortized using the straight-line method over their estimated useful lives as follows:

 

Patents

   15 years

Purchased intangible assets Acquired technology rights

   6 to 16 years

Amortization expense was $0.5 million for each of the three months ended March 31, 2016 and 2015.

v3.4.0.3
Debt
3 Months Ended
Mar. 31, 2016
Debt Disclosure [Abstract]  
Debt

Note 7. Debt

At March 31, 2016 and December 31, 2015, we had outstanding convertible debt as follows:

 

     March 31,
2016
     December 31,
2015
 
     (in thousands)  

Principal amount of the 3.5% convertible senior notes, due 2017

   $ 42,471       $ 42,471   

Deferred financing costs

     (3,527      (3,652

Unamortized discount

     (5,305      (5,994
  

 

 

    

 

 

 
   $ 33,639       $ 32,825   
  

 

 

    

 

 

 

Equity component

   $ 7,629       $ 7,629   
  

 

 

    

 

 

 

Principal amount of the 1.75% convertible senior notes, due 2021

   $ 202,366       $  202,366   

Deferred financing costs

     (285      (321

Unamortized discount

     (46,149      (47,781
  

 

 

    

 

 

 
   $ 155,932       $ 154,264   
  

 

 

    

 

 

 

Equity component

   $ 47,400       $ 47,400   
  

 

 

    

 

 

 

Interest expense related to our convertible debt consisted of contractual interest due on the principal amount, amortization of the discount and amortization of the portion of the deferred financing costs allocated to the long-term debt component and was included in interest expense in our condensed consolidated statements of operations. For the three months ended March 31, 2016 and 2015, interest expense related to our convertible debt was as follows:

 

     Three Months Ended
March 31,
 
     2016      2015  
     (in thousands)  

Coupon rate

   $ 1,257       $ 1,258   

Amortization of discount

     2,321         2,068   

Amortization of deferred financing costs

     162         111   
  

 

 

    

 

 

 
   $ 3,740       $ 3,437   
  

 

 

    

 

 

 

3.5% Convertible Senior Notes

On December 15, 2010, we completed the sale of 3.5% convertible senior notes due December 15, 2017, unless earlier repurchased by us or converted (the “2017 Notes”) for an aggregate principal amount of $143.75 million, pursuant to the terms of an indenture dated December 15, 2010 (the “Indenture”) and a supplemental indenture (the “First Supplemental Indenture”), both filed with the SEC as exhibits to our Current Report on Form 8-K on December 15, 2010. The 2017 Notes are senior unsecured obligations of the Company. The 2017 Notes bear interest at a rate of 3.5% per annum, payable semi-annually in arrears on June 15 and December 15 of each year.

In May 2015, we entered into separate, privately negotiated, exchange agreements (the “Exchange”) with certain holders of our outstanding 2017 Notes. The general terms of exchange agreements were filed with the SEC on May 7, 2015 as an exhibit to our Current Report on Form 8-K. Pursuant to these agreements, we exchanged $101.3 million aggregate principal amount of the 2017 Notes for $118.2 million principal amount of 1.75% convertible senior notes due 2021 (see further discussion below). We did not receive any proceeds related to the Exchange.

Pursuant to the terms of the Indenture and First Supplemental Indenture, the 2017 Notes are convertible at an initial conversion rate of 10 shares of our common stock per $1,000 principal amount of 2017 Notes, which corresponds to an initial conversion price of $100.00 per share of our common stock. The conversion rate is subject to adjustment from time to time upon the occurrence of certain events.

 

The 2017 Notes mature on December 15, 2017, unless earlier repurchased by us or converted. Prior to June 15, 2017, holders may convert their 2017 Notes at their option only upon satisfaction of one or more of the conditions specified in the Indenture relating to the (i) sale price of our common stock, (ii) the trading price per $1,000 principal amount of 2017 Notes or (iii) specified corporate events. On or after June 15, 2017, until the close of business of the business day immediately preceding the date the 2017 Notes mature, holders may convert their 2017 Notes at any time, regardless of whether any of the foregoing conditions have been met. Upon conversion, we will pay or deliver, as the case may be, cash, shares of our common stock or a combination thereof, at our election.

Based on the initial conversion rate of 10 shares of our common stock per $1,000 principal amount of 2017 Notes, which corresponds to an initial conversion price of $100.00 per share of our common stock, the number of shares issuable upon conversion of the 2017 Notes is 424,710. The value of these shares, based on the closing price of our common stock on March 31, 2016 of $31.42 per share, was approximately $13.3 million. The fair value of our 2017 Notes as presented in Note 4 was $38.2 million at March 31, 2016.

1.75% Convertible Senior Notes

In May 2015, we issued $84.2 million principal amount of 1.75% convertible senior notes due December 15, 2021 (the “2021 Notes”), unless earlier repurchased, redeemed or converted (the “2021 Notes”) pursuant to the terms of the Indenture and a second supplemental indenture (the “Second Supplemental Indenture”), which was filed with the SEC on May 19, 2015 as an exhibit to our Current Report on from 8-K. Combined with the 2021 Notes issued in connection with the Exchange described above, the aggregate principal amount issued under the 2021 Notes was $202.4 million. The Exchange resulted in the retirement of outstanding 2017 Notes with a carrying value of $83.1 million, the write-off of unamortized debt issuance costs of $1.0 million and settlement of $10.7 million related to the conversion feature embedded in the 2017 Notes. The 2021 Notes offered in the Exchange had a fair value of $88.0 million, which resulted in a loss on extinguishment of debt of $16.6 million in the three months ended June 30, 2015.

The net proceeds from the issuance of the 2021 Notes amounted to $75.5 million, net of deferred issuance costs paid as of September 30, 2015. In connection with the issuance of the 2021 Notes, we incurred costs of approximately $5.2 million. The 2021 Notes are senior unsecured obligations of the Company and bear interest at a rate of 1.75% per annum, payable semi-annually in arrears on June 15 and December 15 of each year.

Pursuant to the terms of the Indenture and the Second Supplemental Indenture, the 2021 Notes are convertible at an initial conversion rate of 10 shares of our common stock per $1,000 principal amount of 2021 Notes, which corresponds to an initial conversion price of $100.00 per share of our common stock. The conversion rate is subject to adjustment from time to time upon the occurrence of certain events.

The 2021 Notes mature on December 15, 2021 unless earlier repurchased, redeemed or converted. Prior to the close of business on the business day immediately preceding June 15, 2021, holders may convert their 2021 Notes at their option only under the following circumstances: (i) sale price of our common stock, (ii) the trading price per $1,000 principal amount of 2017 Notes or (iii) specified corporate events, or (iv) if we call the 2021 Notes for redemption, until the close of business on the business day immediately preceding the redemption date. On or after June 15, 2021 until the close of business on the scheduled trading day immediately preceding the maturity date, holders may convert their 2021 Notes at any time, regardless of whether any of the foregoing conditions has been met.

Based on the initial conversion rate of 10 shares of our common stock per $1,000 principal amount of 2021 Notes, which corresponds to an initial conversion price of $100.00 per share of our common stock, the number of shares issuable upon conversion of the 2021 Notes is 2,023,660. The value of these shares, based on the closing price of our common stock on March 31, 2016 of $31.42 per share, was approximately $63.6 million. The fair value of our 2021 Notes as presented in Note 4 was $137.2 million at March 31, 2016.

 

Accounting for Debt Transactions

In accordance with accounting guidance for debt with conversion and other options, we separately account for the liability and equity components of the Convertible Notes by allocating the proceeds between the liability component and the embedded conversion option, or equity component, due to our ability to settle the Convertible Notes in cash, common stock or a combination of cash and common stock, at our option. The carrying amount of the liability component was calculated by measuring the fair value of a similar liability that does not have an associated convertible feature. The allocation was performed in a manner that reflected our non-convertible debt borrowing rate for similar debt. The equity component of the Convertible Notes was recognized as a debt discount and represents the difference between the proceeds from the issuance of the Convertible Notes and the fair value of the liability of the Convertible Notes on their respective dates of issuance. The excess of the principal amount of the liability component over its carrying amount, or debt discount, is amortized to interest expense using the effective interest method over the life of the Convertible Notes. The equity component is not remeasured as long as it continues to meet the conditions for equity classification. Additionally, we allocated the costs related to the issuance of the Convertible Notes on the same percentage as the long-term debt and equity components, such that a portion of the costs is allocated to the long-term component and the equity component included in additional paid-in-capital. These deferred financing costs are being amortized to interest expense over the life of the Convertible Notes using the effective interest method.

v3.4.0.3
Stockholders' Equity
3 Months Ended
Mar. 31, 2016
Equity [Abstract]  
Stockholders' Equity

Note 8. Stockholders’ Equity

On January 30, 2014, we filed a shelf registration statement with the SEC on Form S-3. This shelf registration statement allows us to offer and sell from time to time, in one or more series or issuances and on terms that we will determine at the time of the offering any combination and amount of the securities described in the prospectus contained in the registration statement or in the prospectus supplement filed with respect to a particular offering. An aggregate of 530,816 shares of our common stock were registered for issuance pursuant to various prospectus filings on January 30, 2014 in connection with our acquisition of CircuLite. As of March 31, 2016, there remained 248,872 shares of our common stock reserved for potential issuance in connection with future contingent milestone payments under the terms of the merger agreement.

In the three months ended March 31, 2016, we issued 131,031 shares of our common stock upon the vesting of restricted stock units pursuant to stockholder approved equity plans. There were no options exercised during this period.

In the three months ended March 31, 2015, we issued an aggregate of 1,429 shares of our common stock upon the exercise of stock options and an aggregate of 88,184 shares of our common stock upon the vesting of restricted stock units.

v3.4.0.3
Share-Based Compensation
3 Months Ended
Mar. 31, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Share-Based Compensation

Note 9. Share-Based Compensation

We allocate share-based compensation expense to cost of revenue, selling, general and administrative expense and research and development expense based on the award holder’s employment function. For the three months ended March 31, 2016 and 2015, we recorded share-based compensation expense as follows:

 

     Three Months Ended
March 31,
 
     2016      2015  
     (in thousands)  

Cost of revenue

   $ 495       $ 438   

Selling, general and administrative

     2,653         3,449   

Research and development

     1,239         2,089   
  

 

 

    

 

 

 
   $ 4,387       $ 5,976   
  

 

 

    

 

 

 

Deferred tax benefits attributed to our share-based compensation expense are not recognized in the accompanying condensed consolidated financial statements because we are in a net operating loss position and a full valuation allowance is maintained for all net deferred tax assets. We receive a tax deduction for certain stock option exercises during the period the options are exercised, and for the vesting of restricted stock units during the period the restricted stock units vest. For stock options, the amount of the tax deduction is generally for the excess of the fair market value of our shares of common stock over the exercise price of the stock options at the date of exercise. For restricted stock units, the amount of the tax deduction is generally for the fair market value of our shares of common stock at the vesting date. Excess tax benefits are not included in the accompanying condensed consolidated financial statements because we are in a net operating loss position and a full valuation allowance is maintained for all net deferred tax assets.

Equity Plans

We have issued share-based awards to employees, non-executive directors and outside consultants through various approved plans and outside of any formal plan. New shares are issued upon the exercise of share-based awards.

Upon receipt of stockholder approval on May 31, 2012, we adopted the HeartWare International, Inc. 2012 Incentive Award Plan (“2012 Plan”). The 2012 Plan provides for the grant of incentive stock options, non-qualified stock options, restricted stock, restricted stock units, performance awards, dividend equivalent rights, deferred stock, deferred stock units, stock payments and stock appreciation rights (collectively referred to as “Awards”), to our directors, employees and consultants. At our 2015 Annual Meeting of Stockholders held on June 4, 2015, our stockholders approved an amendment to the 2012 Plan to increase the number of shares of our common stock available for issuance by 1.1 million shares. Under the terms of the 2012 Plan, as amended, the total number of shares of our common stock reserved for issuance under Awards is 2,475,000, provided that the total number of shares of our common stock that may be issued pursuant to “Full Value Awards” (Awards other than options, stock appreciation rights or other Awards for which the holder pays the intrinsic value existing as of the date of grant whether directly or by forgoing a right to receive a payment from the Company) is 2,375,000. As of March 31, 2016, 407,969 shares have been issued upon vesting of Awards issued under the 2012 Plan and Awards with respect to 911,349 shares were issued and outstanding under the 2012 Plan. Subsequent to adoption of the 2012 Plan, no new Awards will be granted under our prior plans. Any outstanding Awards under the prior plans will continue to be subject to the terms and conditions of the plan under which they were granted.

Stock Options

Each option allows the holder to subscribe for, and be issued, one share of our common stock at a specified price, which is generally the quoted market price of our common stock on the date the option is issued. Options generally vest on a pro-rata basis on each anniversary of the issuance date within three or four years of the date the option is issued. Options may be exercised after they have vested and prior to the specified expiry date provided applicable exercise conditions are met, if any. The expiry date can be for periods of up to ten years from the date the option is issued.

The fair value of each option is estimated on the date of grant using the Black-Scholes option pricing model based on the assumptions established at that time. In the three months ended March 31, 2016 and 2015, we issued 149,940 and zero stock options, respectively.

 

Information related to options granted under all of our plans at March 31, 2016 and activity in the three months then ended is as follows (certain amounts in U.S.$ were converted from AU$ at the then period-end spot rate):

 

                   Weighted         
            Weighted      Average      Aggregate  
     Number of      Average      Remaining      Intrinsic  
     Options      Exercise      Contractual Life      Value  
     (in thousands)      Price      (Years)      (in thousands)  

Outstanding at December 31, 2015

     111       $ 49.20         

Granted

     150         33.49         

Exercised

     —           —           

Forfeited

     (10      51.28         

Expired

     —           —           
  

 

 

          

Outstanding at March 31, 2016

     251         39.63         7.21       $ 332   
  

 

 

          

Exercisable at March 31, 2016

     92         43.75         2.77       $ 332   
  

 

 

          

The aggregate intrinsic values at March 31, 2016 noted in the table above represent the number of in-the-money options outstanding or exercisable multiplied by the closing price of our common stock traded on NASDAQ less the weighted-average exercise price at period end.

The total intrinsic value of options exercised in the three months ended March 31, 2016 and 2015 was zero and approximately $0.1 million, respectively. Cash received from options exercised in the three months ended March 31, 2016 and 2015 was zero and $31,000, respectively.

At March 31, 2016, there was approximately $2.1 million of unrecognized compensation expense, net of estimated forfeitures, related to non-vested options. This expense is expected to be recognized over a weighted-average period of 1.8 years.

Restricted Stock Units

Each restricted stock unit (“RSU”) represents a contingent right to receive one share of our common stock. RSUs generally vest on a pro-rata basis on each anniversary of the issuance date over three or four years or vest in accordance with performance-based criteria. The RSUs with performance-based vesting criteria vest in one or more tranches contingent upon the achievement of predetermined milestones related to the development of our products, the achievement of certain prescribed clinical and regulatory objectives, the achievement of specific financial performance measures or similar metrics. There is no consideration payable on the vesting of RSUs issued under the plans. Upon vesting, the RSUs are exercised automatically and settled in shares of our common stock.

Information related to RSUs at March 31, 2016 and activity in the three months then ended is as follows:

 

            Weighted-         
            Average         
            Remaining         
     Number of      Contractual      Aggregate  
     Units      Life      Intrinsic Value  
     (in thousands)      (Years)      (in thousands)  

Outstanding at December 31, 2015

     623         

Granted

     296         

Vested/Exercised

     (131      

Forfeited

     (42      

Expired

     —           
  

 

 

       

Outstanding at March 31, 2016

     746         1.93       $ 23,426   
  

 

 

       

The aggregate intrinsic value at March 31, 2016 noted in the table above represents the closing price of our common stock traded on NASDAQ multiplied by the number of RSUs outstanding.

 

At March 31, 2016, 112,522 of the RSUs outstanding were subject to performance-based vesting criteria as described above.

The total intrinsic value of RSUs vested in the three months ended March 31, 2016 and 2015 was approximately $4.4 million and $7.9 million, respectively.

The fair value of each RSU award equals the closing price of our common stock on the date of grant. The weighted-average grant date fair value per share of RSUs granted in the three months ended March 31, 2016 and 2015 was $33.47 and $89.53, respectively.

At March 31, 2016, we had approximately $25.6 million of unrecognized compensation expense related to non-vested RSU awards, net of estimated forfeitures. This expense is expected to be recognized over a weighted-average period of 2.0 years.

v3.4.0.3
Net Loss Per Share
3 Months Ended
Mar. 31, 2016
Earnings Per Share [Abstract]  
Net Loss Per Share

Note 10. Net Loss Per Share

Basic net loss per common share is computed by dividing net loss for the period by the weighted-average number of common shares outstanding for each respective period. Diluted net loss per common share adjusts basic net loss per common share for the dilutive effects of share-based awards as determined under the treasury stock method, our convertible senior notes as determined under the if-converted method, and other potentially dilutive instruments only in the periods in which the effect is dilutive. Due to our net loss for all periods presented, all potentially dilutive instruments were excluded because their inclusion would have been anti-dilutive. The following instruments have been excluded from the calculation of diluted net loss per share, as their effect would be anti-dilutive.

 

     Three Months Ended  
     March 31,  
Common shares issuable upon:    2016      2015  
     (in thousands)  

Conversion of convertible senior notes

     2,448         1,438   

Exercise or vesting of share-based awards

     997         879   
v3.4.0.3
Business Segment, Geographic Areas and Major Customers
3 Months Ended
Mar. 31, 2016
Segment Reporting [Abstract]  
Business Segment, Geographic Areas and Major Customers

Note 11. Business Segment, Geographic Areas and Major Customers

For financial reporting purposes, we have one reportable segment which designs, manufactures and markets medical devices for the treatment of advanced heart failure. Products are distributed to customers located in the United States through our clinical trials and as commercial products, as commercial products to customers in Europe and other countries and under special access in certain other countries. Product sales attributed to a country or region are based on the location of the customer to whom the products are sold. Long-lived assets are primarily held in the United States.

Product sales by geographic location were as follows:

 

     Three Months Ended  
     March 31,  
     2016      2015  
     (in thousands)  

United States

   $ 33,348       $ 42,189   

Germany

     10,673         12,741   

International, excluding Germany

     11,053         15,091   
  

 

 

    

 

 

 
   $ 55,074       $ 70,021   
  

 

 

    

 

 

 

As a significant portion of our revenue is generated outside of the United States, we are dependent on favorable economic and regulatory environments for our products in Europe and other countries outside of the United States. For the three months ended March 31, 2016 and 2015, no customer exceeded 10% of product sales individually.

v3.4.0.3
Commitments and Contingencies
3 Months Ended
Mar. 31, 2016
Commitments and Contingencies Disclosure [Abstract]  
Commitments and Contingencies

Note 12. Commitments and Contingencies

We received a warning letter from the FDA, dated June 2, 2014, following an inspection of our Miami Lakes, Florida facility conducted in January 2014. The FDA letter cited four categories for us to address: (1) procedures for validating device design, including device labeling; (2) procedures for implementing corrective and preventive action (“CAPA”); (3) maintaining records related to investigations; and (4) validation of computer software used as part of production or quality systems. The warning letter did not require any action by physicians or patients and did not restrict use of our devices.

We sent the FDA our initial response to the warning letter within the required fifteen business days of receipt and committed to undertaking certain quality system improvements and providing the FDA with periodic updates. Since 2014 and continuing in 2016, we implemented systemic changes and organizational enhancements to address the four warning letter items and related quality systems. We have established teams to review and address the items cited by the FDA and have engaged external subject matter experts to assist in assessment and remediation efforts. As we continue to evaluate our quality systems, it is possible that we may need to take additional actions including the possibility of voluntary product recalls when necessary to ensure patient safety and effective performance of the HVAD System.

At March 31, 2016, we had purchase order commitments of approximately $46.6 million related to product costs, supplies, services and property, plant and equipment purchases. Many of our materials and supplies require long lead times. Our purchase order commitments reflect materials that may be received up to one year from the date of order.

In addition, we have entered into employment agreements with all of our executive officers. These contracts do not have a fixed term and are constructed on an at-will basis. Some of these contracts provide executives with the right to receive certain additional payments and benefits if their employment is terminated including after a change of control, as defined in these agreements.

From time to time we invest in certain development-stage entities in connection with research activities. Certain contingent milestone payments in connection with these arrangements have not been accrued in the accompanying condensed consolidated financial statements as the amounts are indeterminate at this time.

The taxation and customs requirements, together with other applicable laws and regulations of certain foreign jurisdictions, can be inherently complex and subject to differing interpretation by local authorities. We are subject to the risk that either we have misinterpreted applicable laws and regulations, or that foreign authorities may take inconsistent, unclear or changing positions on local law, customs practices or rules. In the event that we have misinterpreted any of the above, or that foreign authorities take positions contrary to ours, we may incur liabilities that may differ materially from the amounts accrued in the accompanying condensed consolidated financial statements.

Contingent Consideration and Milestone Payments

In December 2013, we acquired CircuLite using a combination of cash, stock and post-acquisition milestone and royalty payments. The post-acquisition payments are payable based upon the achievement of CircuLite related revenue and certain specified performance milestones over periods ranging from 8-10 years subsequent to the acquisition date. The maximum amount of the aggregate post-acquisition payments could be $300 million. As of March 31, 2016, the fair value of the contingent consideration was estimated to be $12.9 million (see Note 4).

License and Development Agreements

From time to time, we license rights to technology or intellectual property from third parties. These licenses may require us to make upfront payments as well as development or other payments upon successful completion of preclinical, clinical, regulatory or revenue milestones. In addition, these agreements may require us to pay royalties on sales of products arising from the licensed technology or intellectual property. Because the achievement of these milestones is not reasonably estimable, we have not recorded a liability in the accompanying consolidated financial statements for any of these contingencies.

 

Litigation

From time to time we may be involved in litigation or other contingencies arising in the ordinary course of business. Except as set forth below, based on the information presently available, management believes there are no contingencies, claims or actions, pending or threatened, the ultimate resolution of which will have a material adverse effect on our financial position, liquidity or results of operations.

On January 22, 2016, the St. Paul Teachers’ Retirement Fund Association filed a putative class action complaint (the “Complaint”) in the United States District Court for the Southern District of New York on behalf of all persons and entities who purchased or otherwise acquired shares of the Company from June 10, 2014 through January 11, 2016 (the “Class Period”). The Complaint claims that the Company and two of our executives violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 by making false and misleading statements about, among other things, the Company’s response to the June 2014 FDA warning letter, the development of the MVAD System and the acquisition of Valtech. The Complaint claims that the disclosure of the purportedly false and misleading statements caused the price of the Company’s stock to drop, and seeks to recover damages on behalf of all purchasers or acquirers of the Company’s stock during the Class Period. The Company intends to vigorously defend itself against these claims. Because of the many questions of fact and law that may arise, the outcome of this legal proceeding is uncertain at this point. As a result we cannot reasonably estimate a range of loss for this action and accordingly have not accrued any liability associated with this action.

In accordance with FASB ASC 450, Contingencies, we accrue loss contingencies including costs of settlement, damages and defense related to litigation to the extent they are probable and reasonably estimable. Otherwise, we expense these costs as incurred. If the estimate of a probable loss is a range and no amount within the range is more likely, we accrue the minimum amount of the range.

v3.4.0.3
Subsequent Events
3 Months Ended
Mar. 31, 2016
Subsequent Events [Abstract]  
Subsequent Events

Note 13. Subsequent Events

We have evaluated events and transactions that occurred subsequent to March 31, 2016 through the date the financial statements were issued, for potential recognition or disclosure in the accompanying condensed consolidated financial statements. We did not identify any events or transactions that should be recognized or disclosed in the accompanying condensed consolidated financial statements.

v3.4.0.3
Basis of Presentation (Policies)
3 Months Ended
Mar. 31, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Basis of Presentation

The accompanying unaudited interim condensed consolidated financial statements for HeartWare International, Inc. (“we,” “our,” “us,” “HeartWare,” the “HeartWare Group” or the “Company”) have been prepared pursuant to the rules and regulations of the Securities and Exchange Commission (“SEC”) for reporting of interim financial information. Pursuant to these rules and regulations, certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States (“U.S. GAAP”) have been condensed or omitted. Accordingly, these statements do not include all the disclosures normally required by U.S. GAAP for annual financial statements and should be read in conjunction with Management’s Discussion and Analysis of Financial Condition and Results of Operations contained in this report and the audited financial statements and notes thereto included in our Annual Report on Form 10-K for the fiscal year ended December 31, 2015. The accompanying condensed consolidated balance sheet as of December 31, 2015 has been derived from our audited financial statements. The unaudited condensed consolidated statements of operations and cash flows for the three months ended March 31, 2016 are not necessarily indicative of the results to be expected for any future period or for the year ending December 31, 2016.

Accounting Estimates

The preparation of our unaudited interim condensed consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting periods. Actual results could differ from those estimates.

New Accounting Standards

New Accounting Standards

Standards Pending Implementation

In March 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2016-09, Improvements to Employee Share-Based Payment Accounting (“ASU 2016-09”). ASU 2016-09 simplifies several aspects of the accounting for share-based payment transactions, including the income tax consequences, classification of awards as either equity or liabilities and classification on the statement of cash flows. This ASU is effective for fiscal years, and interim periods within those years, beginning after December 15, 2016. Early adoption is permitted. The Company is currently assessing the potential impact of adopting ASU 2016-09 on its financial statements and related disclosures.

In February 2016, the FASB issued ASU 2016-02, Leases (“ASU 2016-02”). ASU 2016-02 supersedes the lease guidance under FASB Accounting Standards Codification (“ASC”) Topic 840, Leases, resulting in the creation of FASB ASC Topic 842, Leases. ASU 2016-02 requires a lessee to recognize in the statement of financial position a liability to make lease payments and a right-of-use asset representing its right to use the underlying asset for the lease term for both finance and operating leases. This ASU is effective for fiscal years, and interim periods within those years, beginning after December 15, 2018. Early adoption is permitted. The Company is currently assessing the potential impact of adopting ASU 2016-02 on its financial statements and related disclosures.

In May 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2014-09, Revenue from Contracts with Customers (Topic 606) (“ASU 2014-09”). The updated standard is a new comprehensive revenue recognition model that requires revenue to be recognized in a manner that depicts the transfer of goods or services to a customer at an amount that reflects the consideration expected to be received in exchange for those goods or services. In July 2015, the FASB voted to approve the deferral of the effective date of ASU 2014-09 by one year. Therefore, ASU 2014-09 will become effective for us in the first quarter of our fiscal year ending December 31, 2018. Early adoption is permitted, but not earlier than the first quarter of our fiscal year ending December 31, 2017. The ASU allows for either full retrospective or modified retrospective adoption. We have not yet selected a transition method, and we are currently evaluating the effect that ASU 2014-09 will have on our consolidated financial statements and related disclosures.

 

Implemented Standards

In April 2015, the FASB issued ASU 2015-03, Interest — Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs. In June 2015, the FASB amended ASU 2015-03 with ASU 2015-15. The updated standard requires debt issuance costs related to a recognized debt liability be presented in the balance sheet as a direct deduction from the carrying amount of that debt liability, consistent with debt discounts. This guidance is effective for periods beginning after December 15, 2015, and interim periods within those annual periods applied retrospectively. The Company adopted this guidance in the first quarter of 2016. Debt issuance costs associated with debt were $3.8 and $4.0 million as of March 31, 2016 and December 31, 2015, respectively.

In February 2015, the FASB issued ASU No. 2015-02, Consolidation (Topic 810): Amendments to the Consolidation Analysis, which is intended to improve targeted areas of consolidation guidance for legal entities such as limited partnerships, limited liability corporations and securitization structures (collateralized debt obligations, collateralized loan obligations and mortgage-backed security transactions). This ASU focuses on the consolidation evaluation for reporting organizations (public and private companies and not-for-profit organizations) that are required to evaluate whether they should consolidate certain legal entities. In addition to reducing the number of consolidation models from four to two, the new standard simplifies the FASB Accounting Standards Codification by: i) placing more emphasis on risk of loss when determining a controlling financial interest; ii) reducing the frequency of the application of related-party guidance when determining a controlling financial interest in a variable interest entity (“VIE”); and iii) changing consolidation conclusions for public and private companies in several industries that typically make use of limited partnerships or VIEs. ASU No. 2015-02 will be effective for us in periods beginning after December 15, 2015. Early adoption is permitted, including adoption in an interim period. The Company adopted this guidance in the first quarter of 2016 and it did not have an effect on our consolidated financial position, results of operations or cash flows.

In January 2015, the FASB issued ASU No. 2015-01, Income Statement—Extraordinary and Unusual Items (Subtopic 225-20): Simplifying Income Statement Presentation by Eliminating the Concept of Extraordinary Items. The FASB issued this ASU as part of its initiative to reduce complexity in accounting standards. This ASU eliminates from U.S. GAAP the concept of extraordinary items. Subtopic 225-20 required that an entity separately classify, present, and disclose extraordinary events and transactions. Presently, an event or transaction is presumed to be an ordinary and usual activity of the reporting entity unless evidence clearly supports its classification as an extraordinary item. If an event or transaction meets the criteria for extraordinary classification, an entity is required to segregate the extraordinary item from the results of ordinary operations and show the item separately in the income statement, net of tax, after income from continuing operations. The entity also is required to disclose applicable income taxes and either present or disclose earnings-per-share data applicable to the extraordinary item. The amendments in this ASU are effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2015. A reporting entity may apply the amendments prospectively. A reporting entity also may apply the amendments retrospectively to all prior periods presented in the financial statements. The Company adopted this guidance in the first quarter of 2016 and it did not have an effect on our consolidated financial position, results of operations or cash flows.

Reclassification of Prior Year Presentation

Reclassification of Prior Year Presentation

Certain prior year amounts have been reclassified for consistency with the current period presentation. These reclassifications had no effect on the reported results of operations. In the period ended March 31, 2016, management reassessed certain inventory policies based on recent trends, including sales, usage and forecasted usage of specific inventory items. As a result, we now expect that certain inventory could be held beyond one year. As of March 31, 2016, approximately $7.4 million of inventory was classified as non-current inventory and included within other assets on the accompanying consolidated balance sheet. To reflect the result of this change, for consistency we reclassified approximately $7.7 million of inventory as of December 31, 2015 from current assets to non-current and included within other assets on the consolidated balance sheet. Corresponding reclassifications have also been made to the Consolidated Condensed Statement of Cash Flows for the periods ended March 31, 2015 and 2016, to reflect the gross purchases and sales of these assets as a component of other non-current assets. This change in classification does not affect previously reported cash flows from operations or from financing activities in the Consolidated Condensed Statement of Cash Flows, and had no effect on the previously reported Consolidated Condensed Statement of Operations for any period.

Accounts Receivable

Accounts Receivable

Accounts receivable consists of amounts due from the sale of our HeartWare Ventricular Assist System (the “HVAD System”) to our customers, which include hospitals, health research institutions and medical device distributors. We grant credit to customers in the normal course of business, but generally do not require collateral or any other security to support credit sales. Our receivables are geographically dispersed, with a significant portion from customers located in Europe and other foreign countries. We had one customer with an accounts receivable balance representing approximately 25% and 17% of our total accounts receivable at March 31, 2016 and December 31, 2015, respectively. A portion of this account receivable was classified as long-term as of March 31, 2016 and December 31, 2015 in accordance with our payment terms with this customer.

We maintain allowances for doubtful accounts for estimated losses that may result from an inability to collect payments owed to us for product sales. We regularly review the allowance by considering factors such as historical experience, the age of the accounts receivable balances and local economic conditions that may affect a customer’s ability to pay. Account balances are charged off against the allowance after appropriate collection efforts have been exhausted and we feel it is probable that the receivable will not be recovered.

The following table summarizes the change in our allowance for doubtful accounts for the three months ended March 31, 2016 and 2015:

 

     2016      2015  
     (in thousands)  

Beginning balance

   $ 676       $ 671   

Reversal of expense

     (154      (26

Charge-offs

     —           —     
  

 

 

    

 

 

 

Ending balance

   $ 522       $ 645   
  

 

 

    

 

 

 

As of March 31, 2016 and December 31, 2015, we recorded customer sales allowances of $92,000 and $81,000, respectively.

Inventories, net

Inventories, net

Components of inventories are as follows:

 

     March 31,      December 31,  
     2016      2015  
     (in thousands)  

Raw material

   $ 15,090       $ 17,940   

Work-in-process

     9,243         8,858   

Finished goods

     19,074         13,149   
  

 

 

    

 

 

 
   $ 43,407       $ 39,947   
  

 

 

    

 

 

 

Finished goods inventories includes inventory held on consignment at customer sites of approximately $9.1 million at March 31, 2016 and $6.2 million at December 31, 2015. The increase in consignment inventory as of March 31, 2016 is due to pre-shipment of batteries to execute a field action announced in September 2015 (see Accrued Field Action Costs for more information). We review our inventory for excess or obsolete items and write-down obsolete or otherwise unmarketable inventory to its net realizable value.

Property, Plant and Equipment, Net

Property, Plant and Equipment, Net

Property, plant and equipment, net consists of the following:

 

     Estimated      March 31,      December 31,  
     Useful Lives      2016      2015  
     (in thousands)  

Machinery and equipment

     1.5 to 7 years       $ 22,557       $ 21,785   

Leasehold improvements

     3 to 10 years         8,901         8,891   

Office equipment, furniture and fixtures

     5 to 7 years         2,105         2,105   

Purchased software

     1 to 7 years         7,796         7,575   
     

 

 

    

 

 

 
        41,359         40,356   

Less: accumulated depreciation

        (26,757      (25,258
     

 

 

    

 

 

 
      $ 14,602       $ 15,098   
     

 

 

    

 

 

 
Long-Term Investment and Other Assets

Long-Term Investment and Other Assets

Long-term investments consist of the following:

 

     March 31,      December 31,  
     2016      2015  
     (in thousands)  

Investment in Valtech Cardio, Ltd.

   $ 48,960       $ 17,620   

Long-term inventory

     7,367         7,739   

Long-term receivables

     3,953         2,539   

Security deposits

     2,408         2,586   

Other assets

     980         980   
  

 

 

    

 

 

 
   $ 63,668       $ 31,464   
  

 

 

    

 

 

 

Valtech Cardio, Ltd.

As of March 31, 2016, we have invested approximately $48.0 million in Valtech Cardio, Ltd (“Valtech”), an early-stage, privately held company headquartered in Or Yehuda, Israel specializing in the development of devices for mitral and tricuspid valve repair and replacement. Our investment is carried in long-term investments and other assets and consists of the following:

 

     March 31,      December 31,  
     2016      2015  
     (in thousands)  

Preferred Stock

   $ 10,495       $ 10,495   

Convertible Promissory Notes Receivable, due July 10, 2017

     8,222         7,125   

Convertible Promissory Notes Receivable, due February 1, 2019

     30,243         —     
  

 

 

    

 

 

 
   $ 48,960       $ 17,620   
  

 

 

    

 

 

 

In October 2013, we invested $10 million in Valtech in the form of a convertible promissory note with an interest rate of 6% per annum (the “2013 Note”), which, along with net accrued interest, has since been converted to Valtech equity pursuant to the terms of the 2013 Note.

In July 2015, we invested an additional $5 million in Valtech in the form of a convertible promissory note with an interest rate of 6% per annum.

On September 1, 2015, we entered into a Business Combination Agreement (the “BCA”) by and among the Company, Valtech, HW Global, Inc. (“Holdco”), HW Merger Sub, Inc., Valor Merger Sub Ltd. and Valor Shareholder Representative, LLC, pursuant to which we and Valtech proposed to effect a strategic combination of our respective businesses under Holdco, subject to certain closing conditions. Effective January 28, 2016, we terminated the BCA pursuant to the terms of the BCA by delivering written notice to the other parties. After entering into the BCA and pursuant to the terms of the BCA, we loaned Valtech an aggregate principal amount of $3 million in interim funding at an interest rate of 6% per annum in $1 million increments in each of November 2015, December 2015 and January 2016. In connection with the termination provisions of the BCA, we loaned Valtech an additional $30 million on February 1, 2016 also in the form of a convertible promissory note with an interest rate of 6% per annum. We have no current contractual obligations to further fund Valtech.

Upon maturity, each of the convertible promissory notes become due and payable in cash or Valtech preferred stock, at the option of Valtech, pursuant to terms of the convertible promissory notes. If the convertible promissory notes become due and payable upon an event of default (as defined in the notes), we determine whether the notes are paid in cash or Valtech preferred stock.

Our investment in Valtech was deemed to be realizable as of March 31, 2016. The fair value of this investment has not been estimated as of March 31, 2016 and December 31, 2015 as no impairment indicators were identified.

Accrued Warranty

Accrued Warranty

Certain patient accessories sold with the HVAD System are covered by a limited warranty ranging from one to two years. Estimated warranty obligations are recorded as an expense when the related revenue is recognized and are included in cost of revenue on our condensed consolidated statements of operations. Factors that affect the estimated warranty liability include the number of units sold, historical and anticipated rates of warranty claims, cost per claim, and vendor-supported warranty programs. We periodically assess the adequacy of our recorded warranty liabilities and adjust the amounts as necessary. The amount of the liability recorded is equal to the estimated costs to repair or otherwise satisfy claims made by customers.

Contingencies

In accordance with FASB ASC 450, Contingencies, we accrue loss contingencies including costs of settlement, damages and defense related to litigation to the extent they are probable and reasonably estimable. Otherwise, we expense these costs as incurred. If the estimate of a probable loss is a range and no amount within the range is more likely, we accrue the minimum amount of the range.

v3.4.0.3
Balance Sheet Information (Tables)
3 Months Ended
Mar. 31, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Summary of Change in Allowance for Doubtful Accounts

The following table summarizes the change in our allowance for doubtful accounts for the three months ended March 31, 2016 and 2015:

 

     2016      2015  
     (in thousands)  

Beginning balance

   $ 676       $ 671   

Reversal of expense

     (154      (26

Charge-offs

     —           —     
  

 

 

    

 

 

 

Ending balance

   $ 522       $ 645   
  

 

 

    

 

 

 
Components of Inventories

Components of inventories are as follows:

 

     March 31,      December 31,  
     2016      2015  
     (in thousands)  

Raw material

   $ 15,090       $ 17,940   

Work-in-process

     9,243         8,858   

Finished goods

     19,074         13,149   
  

 

 

    

 

 

 
   $ 43,407       $ 39,947   
  

 

 

    

 

 

 
Summary of Property, Plant and Equipment, Net

Property, plant and equipment, net consists of the following:

 

     Estimated      March 31,      December 31,  
     Useful Lives      2016      2015  
     (in thousands)  

Machinery and equipment

     1.5 to 7 years       $ 22,557       $ 21,785   

Leasehold improvements

     3 to 10 years         8,901         8,891   

Office equipment, furniture and fixtures

     5 to 7 years         2,105         2,105   

Purchased software

     1 to 7 years         7,796         7,575   
     

 

 

    

 

 

 
        41,359         40,356   

Less: accumulated depreciation

        (26,757      (25,258
     

 

 

    

 

 

 
      $ 14,602       $ 15,098   
     

 

 

    

 

 

 
Summary of Long-term Investments

Long-term investments consist of the following:

 

     March 31,      December 31,  
     2016      2015  
     (in thousands)  

Investment in Valtech Cardio, Ltd.

   $ 48,960       $ 17,620   

Long-term inventory

     7,367         7,739   

Long-term receivables

     3,953         2,539   

Security deposits

     2,408         2,586   

Other assets

     980         980   
  

 

 

    

 

 

 
   $ 63,668       $ 31,464   
  

 

 

    

 

 

 
Summary of Long-term Investments and Other Assets

Our investment is carried in long-term investments and other assets and consists of the following:

 

     March 31,      December 31,  
     2016      2015  
     (in thousands)  

Preferred Stock

   $ 10,495       $ 10,495   

Convertible Promissory Notes Receivable, due July 10, 2017

     8,222         7,125   

Convertible Promissory Notes Receivable, due February 1, 2019

     30,243         —     
  

 

 

    

 

 

 
   $ 48,960       $ 17,620   
  

 

 

    

 

 

 
Summary of Other Accrued Liabilities

Other accrued liabilities consist of the following:

 

     March 31,      December 31,  
     2016      2015  
     (in thousands)  

Accrued payroll and other employee costs

   $ 7,589       $ 14,068   

Accrued field action

     7,552         8,503   

Accrued warranty

     5,893         6,116   

Accrued material purchases

     2,486         4,107   

Accrued professional fees

     2,002         2,685   

Accrued research and development costs

     1,744         2,191   

Accrued restructuring costs

     1,796         1,955   

Accrued VAT

     1,144         1,238   

Other accrued expenses

     5,315         5,026   
  

 

 

    

 

 

 
   $ 35,521       $ 45,889   
  

 

 

    

 

 

 
Summary of Changes in Warranty Liability

The following table summarizes the change in our warranty liability for the three months ended March 31, 2016 and 2015:

 

     2016      2015  
     (in thousands)  

Beginning balance

   $ 6,116       $ 4,685   

Accrual for warranty expense

     371         785   

Warranty costs incurred during the period

     (594      (655
  

 

 

    

 

 

 

Ending balance

   $ 5,893       $ 4,815   
  

 

 

    

 

 

 
Summary of Changes in Field Action Liability

The following table summarizes the change in field action liability for the three months ended March 31, 2016 and 2015:

 

     2016      2015  
     (in thousands)  

Beginning balance

   $ 8,503       $ 1,888   

Accrual for field action costs

     3,492         505   

Field action costs incurred during the period

     (4,443      (1,305
  

 

 

    

 

 

 

Ending balance

   $ 7,552       $ 1,088   
  

 

 

    

 

 

 

Summary of Changes in Accrued Restructuring Costs

The following table summarizes changes in our accrued restructuring costs for the three months ended March 31, 2016:

 

     Facility Leases  
     (in thousands)  

Beginning balance

   $ 1,955   

Restructuring charges

     —     

Payments

     (179

Adjustments to estimated obligations

     —     

Change in fair value

     20   
  

 

 

 

Ending balance

   $ 1,796   
  

 

 

 
v3.4.0.3
Fair Value Measurements (Tables)
3 Months Ended
Mar. 31, 2016
Fair Value Disclosures [Abstract]  
Fair Value of Financial Assets and Financial Liabilities Measured at Fair Value on a Recurring Basis

The following tables represent the fair value of our financial assets and financial liabilities measured at fair value on a recurring basis and which level was used in the fair value hierarchy at the respective dates.

 

                  Fair Value Measurements at the Reporting Date Using  
     Carrying     Fair                       
     Value     Value      Level 1      Level 2      Level 3  
     (in thousands)  

As of March 31, 2016

  

Assets

  

Short-term investments

   $ 74,952      $ 74,952       $ —         $ 74,952       $ —     

Long-term investments

     980        980         —           980         —     

Liabilities

             

Convertible senior notes

     189,572 (1)      175,438         —           175,438         —     

Contingent consideration

     12,910        12,910         —           —           12,910   

Royalties

     934        934         —           —           934   

Lease exit costs

     1,796        1,796         —           —           1,796   

 

                  Fair Value Measurements at the Reporting Date Using  
     Carrying     Fair                       
     Value     Value      Level 1      Level 2      Level 3  
     (in thousands)  

As of December 31, 2015

  

Assets

  

Short-term investments

   $ 68,531      $ 68,531       $ —         $ 68,531       $ —     

Long-term investments

     980        980         —           980         —     

Liabilities

             

Convertible senior notes

     187,089 (1)      200,351         —           200,351         —     

Contingent consideration

     12,330        12,330         —           —           12,330   

Royalties

     918        918         —           —           918   

Lease exit costs

     1,955        1,955         —           —           1,955   

 

(1) The carrying amount of our convertible senior notes is net of unamortized discount and deferred financing costs. See Note 7 (Debt) for more information.
Summary of Change in Fair Value of Contingent Consideration as Determined by Level 3 Inputs

The following table summarizes the change in fair value, as determined by Level 3 inputs, of the contingent consideration for the three months ended March 31, 2016:

 

     Contingent
Consideration
 
     (in thousands)  

Beginning balance

   $ 12,330   

Payments

     —     

Change in fair value

     580   
  

 

 

 

Ending balance

   $ 12,910   
  

 

 

 
Summary of Change in Fair Value of Royalties as Determined by Level 3 Inputs

The following table summarizes the change in fair value, as determined by Level 3 inputs, of the royalties for the three months ended March 31, 2016:

 

     Royalties  
     (in thousands)  

Beginning balance

   $ 918   

Payments

     (0

Change in fair value

     16   
  

 

 

 

Ending balance

   $ 934   
  

 

 

 
Summary of Change in Fair Value of Lease Exit Costs as Determined by Level 3 Inputs

The following table summarizes the change in fair value, as determined by Level 3 inputs, of the lease exit costs for the three months ended March 31, 2016:

 

     Lease Exit
Costs
 
     (in thousands)  

Beginning balance

   $ 1,955   

 

Adjustments

     0   

Payments

     (179

Change in fair value

     20   
  

 

 

 

Ending balance

   $ 1,796   
  

 

 

 
Schedule of Quantitative Information for Level 3 Fair Value Measurements

The following table presents quantitative information about the inputs and valuation methodologies used for our fair value measurements classified in Level 3 of the fair value hierarchy as of March 31, 2016:

 

   

Valuation Methodology

 

Significant
Unobservable Input

  Weighted Average
(range, if applicable)
 

Contingent consideration

  Probability weighted income approach   Milestone dates     2020 to 2023   
    Discount rate     17.0% to 24.0%   
    Probability of occurrence     50%   

Royalties

  Discounted cash flow   Discount rate     4.8% to 7.8%   

Lease exit costs

  Discounted cash flow   Sublease start date     March 1, 2017   
    Sublease rate   $ 22.00/square foot   
    Discount rate     3.5%   
v3.4.0.3
Investments (Tables)
3 Months Ended
Mar. 31, 2016
Investments, Debt and Equity Securities [Abstract]  
Summary of Amortized Cost and Fair Value of Investments

The amortized cost and fair value of our investments, with gross unrealized gains and losses, were as follows:

 

            Gross      Gross         
     Amortized      Unrealized      Unrealized      Aggregate  
     Cost Basis      Gains      Losses      Fair Value  
     (in thousands)  

At March 31, 2016

  

Short-term investments:

           

Corporate debt

   $ 32,492       $ 0       $ (31    $ 32,461   

U.S. government agency debt

     30,000         2         (6      29,996   

Certificates of deposit

     12,495         —           —           12,495   
  

 

 

    

 

 

    

 

 

    

 

 

 

Total short-term investments

   $ 74,987       $ 2       $ (37    $ 74,952   
  

 

 

    

 

 

    

 

 

    

 

 

 

Long-term investments:

           

Certificates of deposit

   $ 980       $ —         $ —         $ 980   
  

 

 

    

 

 

    

 

 

    

 

 

 

Total long-term investments

   $ 980       $ —         $ —         $ 980   
  

 

 

    

 

 

    

 

 

    

 

 

 

 

            Gross      Gross         
     Amortized      Unrealized      Unrealized      Aggregate  
     Cost Basis      Gains      Losses      Fair Value  
     (in thousands)  

At December 31, 2015

           

Short-term investments:

           

Corporate debt

   $ 32,666       $ —         $ (100    $ 32,566   

U.S. government agency debt

     25,000         —           (60      24,940   

Certificates of deposit

     11,025         —           —           11,025   
  

 

 

    

 

 

    

 

 

    

 

 

 

Total short-term investments

   $ 68,691       $ —         $ (160    $ 68,531   
  

 

 

    

 

 

    

 

 

    

 

 

 

Long-term investments:

           

Certificates of deposit

   $ 980       $ —         $ —         $ 980   
  

 

 

    

 

 

    

 

 

    

 

 

 

Total long-term investments

   $ 980       $ —         $ —         $ 980   
  

 

 

    

 

 

    

 

 

    

 

 

 
v3.4.0.3
Goodwill, In-Process Research and Development and Other Intangible Assets, Net (Tables)
3 Months Ended
Mar. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract]  
Summary of Carrying Amount of Goodwill and Change in Balance

The carrying amount of goodwill and the change in the balance for the three months ended March 31, 2016 and 2015 is as follows:

 

     2016      2015  
     (in thousands)  

Beginning balance

   $ 61,233       $ 61,390   

Additions

     —           —     

Impairment

     —           —     

Foreign currency translation impact

     49         (167
  

 

 

    

 

 

 

Ending balance

   $ 61,282       $ 61,223   
  

 

 

    

 

 

 
Summary of Carrying Value of In-Process Research and Development Assets

The carrying value of our in-process research and development assets, which relate to the development and potential commercialization of certain acquired technologies, consisted of the following at March 31, 2016 and December 31, 2015:

 

     March 31,
2016
     December 31,
2015
 
     (in thousands)  

CircuLite System technology

   $ 10,800       $ 10,800   
  

 

 

    

 

 

 
Summary of Other Intangible Assets

Other intangible assets, net consisted of the following:

 

     March 31,
2016
     December 31,
2015
 
     (in thousands)  

Patents

   $ 7,816       $ 7,424   

Purchased intangible assets

     

Acquired technology rights

     9,925         9,925   
  

 

 

    

 

 

 
     17,741         17,349   

Less: Accumulated amortization – Patents

     (1,691      (1,551

Less: Accumulated amortization – Purchased intangible assets

     (3,080      (2,753
  

 

 

    

 

 

 
   $ 12,970       $ 13,045   
  

 

 

    

 

 

 
Estimated Useful Lives of Intangible Assets

Our other intangible assets are amortized using the straight-line method over their estimated useful lives as follows:

 

Patents

   15 years

Purchased intangible assets Acquired technology rights

   6 to 16 years
v3.4.0.3
Debt (Tables)
3 Months Ended
Mar. 31, 2016
Debt Disclosure [Abstract]  
Summary of Outstanding Convertible Debt

At March 31, 2016 and December 31, 2015, we had outstanding convertible debt as follows:

 

     March 31,
2016
     December 31,
2015
 
     (in thousands)  

Principal amount of the 3.5% convertible senior notes, due 2017

   $ 42,471       $ 42,471   

Deferred financing costs

     (3,527      (3,652

Unamortized discount

     (5,305      (5,994
  

 

 

    

 

 

 
   $ 33,639       $ 32,825   
  

 

 

    

 

 

 

Equity component

   $ 7,629       $ 7,629   
  

 

 

    

 

 

 

Principal amount of the 1.75% convertible senior notes, due 2021

   $ 202,366       $  202,366   

Deferred financing costs

     (285      (321

Unamortized discount

     (46,149      (47,781
  

 

 

    

 

 

 
   $ 155,932       $ 154,264   
  

 

 

    

 

 

 

Equity component

   $ 47,400       $ 47,400   
  

 

 

    

 

 

 
Summary of Interest Expense Related to Convertible Debt

For the three months ended March 31, 2016 and 2015, interest expense related to our convertible debt was as follows:

 

     Three Months Ended
March 31,
 
     2016      2015  
     (in thousands)  

Coupon rate

   $ 1,257       $ 1,258   

Amortization of discount

     2,321         2,068   

Amortization of deferred financing costs

     162         111   
  

 

 

    

 

 

 
   $ 3,740       $ 3,437   
  

 

 

    

 

 

 
v3.4.0.3
Share-Based Compensation (Tables)
3 Months Ended
Mar. 31, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Allocation of Share-Based Compensation Expense

For the three months ended March 31, 2016 and 2015, we recorded share-based compensation expense as follows:

 

     Three Months Ended
March 31,
 
     2016      2015  
     (in thousands)  

Cost of revenue

   $ 495       $ 438   

Selling, general and administrative

     2,653         3,449   

Research and development

     1,239         2,089   
  

 

 

    

 

 

 
   $ 4,387       $ 5,976   
  

 

 

    

 

 

 
Summary of Options Granted under All Plans

Information related to options granted under all of our plans at March 31, 2016 and activity in the three months then ended is as follows (certain amounts in U.S.$ were converted from AU$ at the then period-end spot rate):

 

                   Weighted         
            Weighted      Average      Aggregate  
     Number of      Average      Remaining      Intrinsic  
     Options      Exercise      Contractual Life      Value  
     (in thousands)      Price      (Years)      (in thousands)  

Outstanding at December 31, 2015

     111       $ 49.20         

Granted

     150         33.49         

Exercised

     —           —           

Forfeited

     (10      51.28         

Expired

     —           —           
  

 

 

          

Outstanding at March 31, 2016

     251         39.63         7.21       $ 332   
  

 

 

          

Exercisable at March 31, 2016

     92         43.75         2.77       $ 332   
  

 

 

          

Summary of RSU's

Information related to RSUs at March 31, 2016 and activity in the three months then ended is as follows:

 

            Weighted-         
            Average         
            Remaining         
     Number of      Contractual      Aggregate  
     Units      Life      Intrinsic Value  
     (in thousands)      (Years)      (in thousands)  

Outstanding at December 31, 2015

     623         

Granted

     296         

Vested/Exercised

     (131      

Forfeited

     (42      

Expired

     —           
  

 

 

       

Outstanding at March 31, 2016

     746         1.93       $ 23,426   
  

 

 

       
v3.4.0.3
Net Loss Per Share (Tables)
3 Months Ended
Mar. 31, 2016
Earnings Per Share [Abstract]  
Anti-Dilutive Securities Excluded from Computation of Earnings Per Share

The following instruments have been excluded from the calculation of diluted net loss per share, as their effect would be anti-dilutive.

 

     Three Months Ended  
     March 31,  
Common shares issuable upon:    2016      2015  
     (in thousands)  

Conversion of convertible senior notes

     2,448         1,438   

Exercise or vesting of share-based awards

     997         879   
v3.4.0.3
Business Segment, Geographic Areas and Major Customers (Tables)
3 Months Ended
Mar. 31, 2016
Segment Reporting [Abstract]  
Product Sales by Geographic Location

Product sales by geographic location were as follows:

 

     Three Months Ended  
     March 31,  
     2016      2015  
     (in thousands)  

United States

   $ 33,348       $ 42,189   

Germany

     10,673         12,741   

International, excluding Germany

     11,053         15,091   
  

 

 

    

 

 

 
   $ 55,074       $ 70,021   
  

 

 

    

 

 

 
v3.4.0.3
Basis of Presentation - Additional Information (Detail) - USD ($)
$ in Millions
Mar. 31, 2016
Dec. 31, 2015
Basis Of Presentation [Line Items]    
Debt issuance costs $ 3.8 $ 4.0
Other Assets [Member]    
Basis Of Presentation [Line Items]    
Reclassification of inventory as non current inventory $ 7.4 $ 7.7
v3.4.0.3
Liquidity - Additional Information (Detail) - USD ($)
$ in Thousands
Mar. 31, 2016
Dec. 31, 2015
Liquidity [Abstract]    
Cash, cash equivalents and investments $ 189,200  
Accumulated deficit $ (438,959) $ (421,499)
v3.4.0.3
Balance Sheet Information - Additional Information (Detail)
1 Months Ended 3 Months Ended 12 Months Ended
Feb. 01, 2016
USD ($)
Jul. 31, 2015
USD ($)
Oct. 31, 2013
USD ($)
Mar. 31, 2016
USD ($)
Customer
Mar. 31, 2014
USD ($)
Dec. 31, 2015
USD ($)
Jan. 31, 2016
USD ($)
Nov. 30, 2015
USD ($)
Mar. 31, 2015
USD ($)
Condensed Balance Sheet Statements, Captions [Line Items]                  
Percentage of account receivables by customers       25.00%   17.00%      
Recorded customer sales allowances       $ 92,000   $ 81,000      
Inventory held on consignment       9,100,000   6,200,000      
Long-term investment, amount       $ 63,668,000   31,464,000      
Long-term investment, interest rate       6.00%          
Aggregate principal amount of convertible promissory note       $ 3,000,000   1,000,000 $ 1,000,000 $ 1,000,000  
Bonuses included in accrued payroll and other employee costs       2,200,000   $ 8,000,000      
Allowance for anticipated replacement       2,300,000          
Charges incurred for anticipated replacement       3,500,000          
Facility Closing [Member]                  
Condensed Balance Sheet Statements, Captions [Line Items]                  
Remaining lease payments                 $ 500,000
Lease liability         $ 1,700,000        
Lease expiration month year         2020-09        
Valtech Cardio, Ltd [Member]                  
Condensed Balance Sheet Statements, Captions [Line Items]                  
Long-term investment, interest rate 6.00%                
Additional convertible loans issued $ 30,000,000                
Convertible Promissory Notes [Member] | Valtech Cardio, Ltd [Member]                  
Condensed Balance Sheet Statements, Captions [Line Items]                  
Long-term investment, amount   $ 5,000,000 $ 10,000,000 $ 48,000,000          
Long-term investment, interest rate   6.00% 6.00%            
Accounts Receivable [Member]                  
Condensed Balance Sheet Statements, Captions [Line Items]                  
Number of customers having account receivable balance | Customer       1          
v3.4.0.3
Balance Sheet Information - Summary of Change in Allowance for Doubtful Accounts (Detail) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Accounting Policies [Abstract]    
Beginning balance $ 676 $ 671
Reversal of expense (154) (26)
Charge-offs 0 0
Ending balance $ 522 $ 645
v3.4.0.3
Balance Sheet Information - Components of Inventories (Detail) - USD ($)
$ in Thousands
Mar. 31, 2016
Dec. 31, 2015
Inventory Disclosure [Abstract]    
Raw material $ 15,090 $ 17,940
Work-in-process 9,243 8,858
Finished goods 19,074 13,149
Inventory, total $ 43,407 $ 39,947
v3.4.0.3
Balance Sheet Information - Summary of Property, Plant and Equipment, Net (Detail) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Mar. 31, 2016
Dec. 31, 2015
Property, Plant and Equipment [Line Items]    
Property, plant and equipment, gross $ 41,359 $ 40,356
Less: accumulated depreciation (26,757) (25,258)
Property, plant and equipment, net 14,602 15,098
Machinery and Equipment [Member]    
Property, Plant and Equipment [Line Items]    
Property, plant and equipment, gross $ 22,557 $ 21,785
Machinery and Equipment [Member] | Minimum [Member]    
Property, Plant and Equipment [Line Items]    
Property, plant and equipment, estimated useful lives 1 year 6 months  
Machinery and Equipment [Member] | Maximum [Member]    
Property, Plant and Equipment [Line Items]    
Property, plant and equipment, estimated useful lives   7 years
Leasehold Improvements [Member]    
Property, Plant and Equipment [Line Items]    
Property, plant and equipment, gross $ 8,901 $ 8,891
Leasehold Improvements [Member] | Minimum [Member]    
Property, Plant and Equipment [Line Items]    
Property, plant and equipment, estimated useful lives 3 years  
Leasehold Improvements [Member] | Maximum [Member]    
Property, Plant and Equipment [Line Items]    
Property, plant and equipment, estimated useful lives   10 years
Office Equipment, Furniture and Fixtures [Member]    
Property, Plant and Equipment [Line Items]    
Property, plant and equipment, gross $ 2,105 $ 2,105
Office Equipment, Furniture and Fixtures [Member] | Minimum [Member]    
Property, Plant and Equipment [Line Items]    
Property, plant and equipment, estimated useful lives 5 years  
Office Equipment, Furniture and Fixtures [Member] | Maximum [Member]    
Property, Plant and Equipment [Line Items]    
Property, plant and equipment, estimated useful lives   7 years
Purchased Software [Member]    
Property, Plant and Equipment [Line Items]    
Property, plant and equipment, gross $ 7,796 $ 7,575
Purchased Software [Member] | Minimum [Member]    
Property, Plant and Equipment [Line Items]    
Property, plant and equipment, estimated useful lives 1 year  
Purchased Software [Member] | Maximum [Member]    
Property, Plant and Equipment [Line Items]    
Property, plant and equipment, estimated useful lives   7 years
v3.4.0.3
Balance Sheet Information - Summary of Long-term Investments (Detail) - USD ($)
$ in Thousands
Mar. 31, 2016
Dec. 31, 2015
Schedule of Investments [Line Items]    
Long-term inventory $ 7,367 $ 7,739
Long-term receivables 3,953 2,539
Security deposits 2,408 2,586
Other assets 980 980
Long-term investments 63,668 31,464
Valtech Cardio, Ltd [Member]    
Schedule of Investments [Line Items]    
Long-term investments $ 48,960 $ 17,620
v3.4.0.3
Balance Sheet Information - Summary of Long-term Investments and Other Assets (Detail) - USD ($)
shares in Thousands, $ in Thousands
Mar. 31, 2016
Dec. 31, 2015
Schedule of Investments [Line Items]    
Preferred Stock 10,495 10,495
Long-term investments and other assets $ 63,668 $ 31,464
Convertible Promissory Notes Receivable, Due July 10, 2017 [Member]    
Schedule of Investments [Line Items]    
Convertible Promissory Notes Receivable 8,222 $ 7,125
Convertible Promissory Notes Receivable, Due February 1, 2019 [Member]    
Schedule of Investments [Line Items]    
Convertible Promissory Notes Receivable $ 30,243  
v3.4.0.3
Balance Sheet Information - Summary of Long-term Investments and Other Assets (Parenthetical) (Detail)
3 Months Ended
Mar. 31, 2016
Convertible Promissory Notes Receivable, Due July 10, 2017 [Member]  
Schedule of Investments [Line Items]  
Convertible Promissory Notes Receivable, Due date Jul. 10, 2017
Convertible Promissory Notes Receivable, Due February 1, 2019 [Member]  
Schedule of Investments [Line Items]  
Convertible Promissory Notes Receivable, Due date Feb. 01, 2019
v3.4.0.3
Balance Sheet Information - Summary of Other Accrued Liabilities (Detail) - USD ($)
$ in Thousands
Mar. 31, 2016
Dec. 31, 2015
Mar. 31, 2015
Dec. 31, 2014
Payables and Accruals [Abstract]        
Accrued payroll and other employee costs $ 7,589 $ 14,068    
Accrued field action 7,552 8,503 $ 1,088 $ 1,888
Accrued warranty 5,893 6,116 $ 4,815 $ 4,685
Accrued material purchases 2,486 4,107    
Accrued professional fees 2,002 2,685    
Accrued research and development costs 1,744 2,191    
Accrued restructuring costs 1,796 1,955    
Accrued VAT 1,144 1,238    
Other accrued expenses 5,315 5,026    
Total other accrued liabilities $ 35,521 $ 45,889    
v3.4.0.3
Balance Sheet Information - Summary of Changes in Warranty Liability (Detail) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Accounting Policies [Abstract]    
Beginning balance $ 6,116 $ 4,685
Accrual for warranty expense 371 785
Warranty costs incurred during the period (594) (655)
Ending balance $ 5,893 $ 4,815
v3.4.0.3
Balance Sheet Information - Summary of Changes in Field Action Liability (Detail) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Accounting Policies [Abstract]    
Beginning balance $ 8,503 $ 1,888
Accrual for field action costs 3,492 505
Field action costs incurred during the period (4,443) (1,305)
Ending balance $ 7,552 $ 1,088
v3.4.0.3
Balance Sheet Information - Summary of Changes in Accrued Restructuring Costs (Detail)
$ in Thousands
3 Months Ended
Mar. 31, 2016
USD ($)
Restructuring Cost and Reserve [Line Items]  
Beginning balance $ 1,955
Ending balance 1,796
Facility Leases [Member]  
Restructuring Cost and Reserve [Line Items]  
Beginning balance 1,955
Restructuring charges 0
Payments (179)
Adjustments to estimated obligations 0
Change in fair value 20
Ending balance $ 1,796
v3.4.0.3
Fair Value Measurements - Additional Information (Detail) - USD ($)
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Transfer between level 1, Level 2, Level 3 $ 0 $ 0
Impairment charges $ 0 $ 1,118,000
World Heart Corporation [Member]    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Period for royalty payment obligations 14 years  
v3.4.0.3
Fair Value Measurements - Fair Value of Financial Assets and Financial Liabilities Measured at Fair Value on a Recurring Basis (Detail) - USD ($)
$ in Thousands
Mar. 31, 2016
Dec. 31, 2015
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Short-term investments $ 74,952 $ 68,531
Convertible senior notes 189,572 187,089
Contingent consideration 12,910 12,330
Level 2 [Member]    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Short-term investments 74,952 68,531
Long-term investments 980 980
Convertible senior notes 175,438 200,351
Level 3 [Member]    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Contingent consideration 12,910 12,330
Royalties 934 918
Lease exit costs 1,796 1,955
Carrying Value [Member]    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Short-term investments 74,952 68,531
Long-term investments 980 980
Convertible senior notes 189,572 187,089
Contingent consideration 12,910 12,330
Royalties 934 918
Lease exit costs 1,796 1,955
Fair Value [Member]    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Short-term investments 74,952 68,531
Long-term investments 980 980
Convertible senior notes 175,438 200,351
Contingent consideration 12,910 12,330
Royalties 934 918
Lease exit costs $ 1,796 $ 1,955
v3.4.0.3
Fair Value Measurements - Summary of Change in Fair Value of Contingent Consideration as Determined by Level 3 Inputs (Detail) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Beginning balance $ 12,330  
Change in fair value 580 $ 2,100
Ending balance 12,910  
Level 3 [Member]    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Beginning balance 12,330  
Payments 0  
Change in fair value 580  
Ending balance $ 12,910  
v3.4.0.3
Fair Value Measurements - Summary of Change in Fair Value of Royalties as Determined by Level 3 Inputs (Detail) - Level 3 [Member]
$ in Thousands
3 Months Ended
Mar. 31, 2016
USD ($)
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]  
Beginning balance $ 918
Payments 0
Change in fair value 16
Ending balance $ 934
v3.4.0.3
Fair Value Measurements - Summary of Change in Fair Value of Lease Exit Costs as Determined by Level 3 Inputs (Detail) - Level 3 [Member]
$ in Thousands
3 Months Ended
Mar. 31, 2016
USD ($)
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]  
Beginning balance $ 1,955
Adjustments 0
Payments (179)
Change in fair value 20
Ending balance $ 1,796
v3.4.0.3
Fair Value Measurements - Schedule of Quantitative Information for Level 3 Fair Value Measurements (Detail) - Level 3 [Member]
3 Months Ended
Mar. 31, 2016
$ / ft²
Contingent Consideration [Member]  
Fair Value Inputs, Liabilities, Quantitative Information [Line Items]  
Probability of occurrence 50.00%
Contingent Consideration [Member] | Minimum [Member]  
Fair Value Inputs, Liabilities, Quantitative Information [Line Items]  
Discount rate 17.00%
Contingent Consideration [Member] | Minimum [Member] | Probability Weighted Income Approach [Member]  
Fair Value Inputs, Liabilities, Quantitative Information [Line Items]  
Milestone dates 2020
Contingent Consideration [Member] | Maximum [Member]  
Fair Value Inputs, Liabilities, Quantitative Information [Line Items]  
Discount rate 24.00%
Contingent Consideration [Member] | Maximum [Member] | Probability Weighted Income Approach [Member]  
Fair Value Inputs, Liabilities, Quantitative Information [Line Items]  
Milestone dates 2023
Royalties [Member] | Minimum [Member] | Discounted Cash Flow [Member]  
Fair Value Inputs, Liabilities, Quantitative Information [Line Items]  
Discount rate 4.80%
Royalties [Member] | Maximum [Member] | Discounted Cash Flow [Member]  
Fair Value Inputs, Liabilities, Quantitative Information [Line Items]  
Discount rate 7.80%
Lease Exit Costs [Member]  
Fair Value Inputs, Liabilities, Quantitative Information [Line Items]  
Sublease rate 22
Discount rate 3.50%
Lease Exit Costs [Member] | Discounted Cash Flow [Member]  
Fair Value Inputs, Liabilities, Quantitative Information [Line Items]  
Sublease start date Mar. 01, 2017
v3.4.0.3
Investments - Additional Information (Detail)
3 Months Ended
Mar. 31, 2016
USD ($)
Investment
Securities
Mar. 31, 2015
USD ($)
Dec. 31, 2015
Investment
Schedule of Available-for-sale Securities [Line Items]      
Realized gains (losses) on investments | $ $ 0 $ 0  
Number of available-for-sale investments in a continuous loss position for more than twelve months | Investment 12   13
Number of individual investment securities in unrealized loss position | Securities 6    
Short-term Investments [Member]      
Schedule of Available-for-sale Securities [Line Items]      
Investment maturity date description at Dec. 31, 2015 and current period Less than twenty-four months    
Long-term Investments [Member]      
Schedule of Available-for-sale Securities [Line Items]      
Investment maturity date description at Dec. 31, 2015 and current period Less than twenty-four months    
v3.4.0.3
Investments - Summary of Amortized Cost and Fair Value of Investments (Detail) - USD ($)
$ in Thousands
Mar. 31, 2016
Dec. 31, 2015
Short-term Investments [Member]    
Schedule of Available-for-sale Securities [Line Items]    
Amortized Cost Basis $ 74,987 $ 68,691
Gross Unrealized Gains 2  
Gross Unrealized Losses (37) (160)
Aggregate Fair Value 74,952 68,531
Short-term Investments [Member] | Corporate Debt [Member]    
Schedule of Available-for-sale Securities [Line Items]    
Amortized Cost Basis 32,492 32,666
Gross Unrealized Gains 0  
Gross Unrealized Losses (31) (100)
Aggregate Fair Value 32,461 32,566
Short-term Investments [Member] | U.S. Government Agency Debt [Member]    
Schedule of Available-for-sale Securities [Line Items]    
Amortized Cost Basis 30,000 25,000
Gross Unrealized Gains 2  
Gross Unrealized Losses (6) (60)
Aggregate Fair Value 29,996 24,940
Short-term Investments [Member] | Certificates of Deposit [Member]    
Schedule of Available-for-sale Securities [Line Items]    
Amortized Cost Basis 12,495 11,025
Aggregate Fair Value 12,495 11,025
Long-term Investments [Member]    
Schedule of Available-for-sale Securities [Line Items]    
Amortized Cost Basis 980 980
Aggregate Fair Value 980 980
Long-term Investments [Member] | Certificates of Deposit [Member]    
Schedule of Available-for-sale Securities [Line Items]    
Amortized Cost Basis 980 980
Aggregate Fair Value $ 980 $ 980
v3.4.0.3
Goodwill, In-Process Research and Development and Other Intangible Assets, Net - Summary of Carrying Amount of Goodwill and Change in Balance (Detail) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Intangible Liability Disclosure [Abstract]    
Beginning balance $ 61,233 $ 61,390
Additions 0 0
Impairment 0 0
Foreign currency translation impact 49 (167)
Ending balance $ 61,282 $ 61,223
v3.4.0.3
Goodwill, In-Process Research and Development and Other Intangible Assets, Net - Summary of Carrying Value of In-Process Research and Development Assets (Detail) - USD ($)
$ in Thousands
Mar. 31, 2016
Dec. 31, 2015
Intangible Liability Disclosure [Abstract]    
Carrying value of in-process research and development assets $ 10,800 $ 10,800
v3.4.0.3
Goodwill, In-Process Research and Development and Other Intangible Assets, Net - Summary of Other Intangible Assets (Detail) - USD ($)
$ in Thousands
Mar. 31, 2016
Dec. 31, 2015
Finite-Lived Intangible Assets [Line Items]    
Other intangible assets $ 17,741 $ 17,349
Purchased intangible assets    
Other intangible assets 17,741 17,349
Other intangible assets, net 12,970 13,045
Patents [Member]    
Finite-Lived Intangible Assets [Line Items]    
Other intangible assets 7,816 7,424
Purchased intangible assets    
Other intangible assets 7,816 7,424
Less: Accumulated amortization (1,691) (1,551)
Acquired Technology Rights [Member]    
Finite-Lived Intangible Assets [Line Items]    
Other intangible assets 9,925 9,925
Purchased intangible assets    
Other intangible assets 9,925 9,925
Purchased Intangible Assets [Member]    
Purchased intangible assets    
Less: Accumulated amortization $ (3,080) $ (2,753)
v3.4.0.3
Goodwill, In-Process Research and Development and Other Intangible Assets, Net - Estimated Useful Lives of Intangible Assets (Detail)
3 Months Ended
Mar. 31, 2016
Patents [Member]  
Finite-Lived Intangible Assets [Line Items]  
Estimated useful lives 15 years
Minimum [Member] | Acquired Technology Rights [Member]  
Finite-Lived Intangible Assets [Line Items]  
Estimated useful lives 6 years
Maximum [Member] | Acquired Technology Rights [Member]  
Finite-Lived Intangible Assets [Line Items]  
Estimated useful lives 16 years
v3.4.0.3
Goodwill, In-Process Research and Development and Other Intangible Assets, Net - Additional Information (Detail) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Goodwill and Intangible Assets Disclosure [Abstract]    
Amortization of intangible assets $ 467 $ 508
v3.4.0.3
Debt - Summary of Outstanding Convertible Debt (Detail) - USD ($)
$ in Thousands
Mar. 31, 2016
Jan. 31, 2016
Dec. 31, 2015
Nov. 30, 2015
May. 31, 2015
Dec. 15, 2010
Debt Instrument [Line Items]            
Principal amount $ 3,000 $ 1,000 $ 1,000 $ 1,000    
Net carrying amount 189,572   187,089      
3.5% Convertible Senior Notes, Due 2017 [Member]            
Debt Instrument [Line Items]            
Principal amount           $ 143,750
1.75% Convertible Senior Notes, Due 2021 [Member]            
Debt Instrument [Line Items]            
Principal amount 202,400       $ 84,200  
Convertible Senior Notes [Member] | 3.5% Convertible Senior Notes, Due 2017 [Member]            
Debt Instrument [Line Items]            
Principal amount 42,471   42,471      
Deferred financing costs (3,527)   (3,652)      
Unamortized discount (5,305)   (5,994)      
Net carrying amount 33,639   32,825      
Equity component 7,629   7,629      
Convertible Senior Notes [Member] | 1.75% Convertible Senior Notes, Due 2021 [Member]            
Debt Instrument [Line Items]            
Principal amount 202,366   202,366      
Deferred financing costs (285)   (321)      
Unamortized discount (46,149)   (47,781)      
Net carrying amount 155,932   154,264      
Equity component $ 47,400   $ 47,400      
v3.4.0.3
Debt - Summary of Outstanding Convertible Debt (Parenthetical) (Detail)
Mar. 31, 2016
Dec. 31, 2015
May. 31, 2015
Dec. 15, 2010
3.5% Convertible Senior Notes, Due 2017 [Member]        
Debt Instrument [Line Items]        
Coupon rate 3.50%     3.50%
3.5% Convertible Senior Notes, Due 2017 [Member] | Convertible Senior Notes [Member]        
Debt Instrument [Line Items]        
Coupon rate 3.50% 3.50%    
1.75% Convertible Senior Notes, Due 2021 [Member]        
Debt Instrument [Line Items]        
Coupon rate     1.75%  
1.75% Convertible Senior Notes, Due 2021 [Member] | Convertible Senior Notes [Member]        
Debt Instrument [Line Items]        
Coupon rate 1.75% 1.75%    
v3.4.0.3
Debt - Summary of Interest Expense Related to Convertible Debt (Detail) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Debt Disclosure [Abstract]    
Coupon rate $ 1,257 $ 1,258
Amortization of discount 2,321 2,068
Amortization of deferred financing costs 162 111
Convertible Notes interest expense, Net $ 3,740 $ 3,437
v3.4.0.3
Debt - Additional Information (Detail) - USD ($)
1 Months Ended 3 Months Ended 9 Months Ended
Mar. 31, 2016
Dec. 31, 2015
May. 31, 2015
Mar. 31, 2016
Jun. 30, 2015
Sep. 30, 2015
Jan. 31, 2016
Nov. 30, 2015
Dec. 15, 2010
Debt Instrument [Line Items]                  
Aggregate principal amount of convertible senior notes $ 3,000,000 $ 1,000,000   $ 3,000,000     $ 1,000,000 $ 1,000,000  
Debt issuance costs $ 3,800,000 $ 4,000,000              
3.5% Convertible Senior Notes, Due 2017 [Member]                  
Debt Instrument [Line Items]                  
Coupon rate 3.50%     3.50%         3.50%
Aggregate principal amount of convertible senior notes                 $ 143,750,000
Payable semi-annually in arrear       June 15 and December 15          
Debt instrument aggregate principal amount     $ 101,300,000            
Convertible value of instrument for convertible debt       $ 13,300,000          
Conversion rate of shares       10          
Principal amount of Convertible Notes       $ 1,000          
Initial conversion price $ 100.00     $ 100.00          
Number of shares issuable upon conversion of the Convertible Notes       424,710          
Fair value of Convertible Notes $ 38,200,000     $ 38,200,000          
3.5% Convertible Senior Notes, Due 2017 [Member] | Common Shares [Member]                  
Debt Instrument [Line Items]                  
Closing price $ 31.42     $ 31.42          
3.5% Convertible Senior Notes, Due 2017 [Member] | Convertible Senior Notes [Member]                  
Debt Instrument [Line Items]                  
Coupon rate 3.50% 3.50%   3.50%          
Aggregate principal amount of convertible senior notes $ 42,471,000 $ 42,471,000   $ 42,471,000          
1.75% Convertible Senior Notes, Due 2021 [Member]                  
Debt Instrument [Line Items]                  
Coupon rate     1.75%            
Aggregate principal amount of convertible senior notes $ 202,400,000   $ 84,200,000 $ 202,400,000          
Payable semi-annually in arrear       June 15 and December 15          
Convertible value of instrument for convertible debt     $ 118,200,000 $ 63,600,000          
Conversion rate of shares       10          
Principal amount of Convertible Notes       $ 1,000          
Initial conversion price $ 100.00     $ 100.00          
Number of shares issuable upon conversion of the Convertible Notes       2,023,660          
Fair value of Convertible Notes $ 137,200,000     $ 137,200,000          
Maturity of convertible senior notes     Dec. 15, 2021            
Debt instrument carrying amount     $ 83,100,000            
Write off of debt issuance costs     1,000,000            
Debt instrument settlement amount related to conversion feature     $ 10,700,000            
Debt instrument, exchange agreement fair value         $ 88,000,000        
Loss on extinguishment of long-term debt         $ 16,600,000        
Proceeds from issuance of convertible debt           $ 75,500,000      
Debt issuance costs           $ 5,200,000      
1.75% Convertible Senior Notes, Due 2021 [Member] | Common Shares [Member]                  
Debt Instrument [Line Items]                  
Closing price $ 31.42     $ 31.42          
1.75% Convertible Senior Notes, Due 2021 [Member] | Convertible Senior Notes [Member]                  
Debt Instrument [Line Items]                  
Coupon rate 1.75% 1.75%   1.75%          
Aggregate principal amount of convertible senior notes $ 202,366,000 $ 202,366,000   $ 202,366,000          
v3.4.0.3
Stockholders' Equity - Additional Information (Detail) - shares
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Jan. 30, 2014
Stock Option [Member]      
Schedule Of Stockholders Equity [Line Items]      
Common stock issued upon the exercise of stock options 0 1,429  
Restricted Stock Units (RSUs) [Member]      
Schedule Of Stockholders Equity [Line Items]      
Common stock upon the vesting of restricted stock units 131,031 88,184  
CircuLite [Member]      
Schedule Of Stockholders Equity [Line Items]      
Shares registered for issuance for acquisition     530,816
Shares reserved in connection with future contingent milestone payments 248,872    
v3.4.0.3
Share-Based Compensation - Allocation of Share-Based Compensation Expense (Detail) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]    
Recorded share-based compensation expense $ 4,387 $ 5,976
Cost of Revenue [Member]    
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]    
Recorded share-based compensation expense 495 438
Selling, General and Administrative [Member]    
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]    
Recorded share-based compensation expense 2,653 3,449
Research and Development [Member]    
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]    
Recorded share-based compensation expense $ 1,239 $ 2,089
v3.4.0.3
Share-Based Compensation - Additional Information (Detail) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended
Jun. 04, 2015
May. 31, 2012
Mar. 31, 2016
Mar. 31, 2015
Dec. 31, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]          
Option expiry period     10 years    
Proceeds from exercise of stock options     $ 0 $ 31  
2012 Plan Award [Member]          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]          
Common stock reserved for issuance under 2012 incentive award plan   2,475,000      
Share issued upon vesting of Awards     407,969    
Stock options issued     911,349    
Stock options outstanding     911,349    
Increase in number of shares available for issuance 1,100,000        
Full Value Awards [Member]          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]          
Common stock reserved for issuance under 2012 incentive award plan   2,375,000      
Stock Option [Member]          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]          
Share issued upon vesting of Awards     0 1,429  
Stock options issued     149,940 0  
Stock options outstanding     251,000   111,000
Performance based option vesting period     4 years    
Aggregate Intrinsic value options     $ 0 $ 100  
Unrecognized compensation expense related to non-vested option awards     $ 2,100    
Expected weighted average period of recognition for Unrecognized Share-based compensation     1 year 9 months 18 days    
Restricted Stock Units (RSUs) [Member]          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]          
Unrecognized compensation expense related to non-vested option awards     $ 25,600    
Expected weighted average period of recognition for Unrecognized Share-based compensation     2 years    
Contingent right to receive share of common stock     1    
RSU's outstanding     112,522    
Restricted stock units vested intrinsic value     $ 4,400 $ 7,900  
Weighted average grant date fair value per share other than option     $ 33.47 $ 89.53  
Restricted Stock Units (RSUs) [Member] | Minimum [Member]          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]          
Performance based option vesting period     3 years    
Restricted Stock Units (RSUs) [Member] | Maximum [Member]          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]          
Performance based option vesting period     4 years    
v3.4.0.3
Share-Based Compensation - Summary of Options Granted under All Plans (Detail) - Stock Option [Member] - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Number of Options    
Outstanding, Beginning Balance 111,000  
Granted 149,940 0
Exercised 0 (1,429)
Forfeited (10,000)  
Expired 0  
Outstanding, Ending Balance 251,000  
Exercisable, Ending Balance 92,000  
Weighted Average Exercise Price    
Outstanding, Beginning Balance $ 49.20  
Granted 33.49  
Exercised 0  
Forfeited 51.28  
Expired 0  
Outstanding, Ending Balance 39.63  
Exercisable, Ending Balance $ 43.75  
Weighted Average Remaining Contractual Life    
Weighted average remaining contractual life, outstanding 7 years 2 months 16 days  
Weighted average remaining contractual life, exercisable 2 years 9 months 7 days  
Aggregate Intrinsic Value    
Aggregate intrinsic value, outstanding $ 332  
Aggregate intrinsic value, exercisable $ 332  
v3.4.0.3
Share-Based Compensation - Summary of RSU's (Detail) - Restricted Stock Units (RSUs) [Member] - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Number of Restricted Stock Units    
Outstanding, Beginning Balance 623,000  
Granted 296,000  
Vested/Exercised (131,031) (88,184)
Forfeited (42,000)  
Expired 0  
Outstanding, Ending Balance 746,000  
Weighted Average Remaining Contractual Life    
Outstanding, Ending Balance 1 year 11 months 5 days  
Aggregate Intrinsic Value    
Outstanding, Ending Balance $ 23,426  
v3.4.0.3
Net Loss Per Share - Anti-Dilutive Securities Excluded from Computation of Earnings Per Share (Detail) - shares
shares in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Convertible Promissory Notes [Member]    
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]    
Anti-dilutive securities excluded 2,448 1,438
Stock Compensation Plan [Member]    
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]    
Anti-dilutive securities excluded 997 879
v3.4.0.3
Business Segment, Geographic Areas and Major Customers - Additional Information (Detail)
3 Months Ended
Mar. 31, 2016
Customer
Segment
Mar. 31, 2015
Customer
Segment Reporting [Abstract]    
Number of reportable segments | Segment 1  
Number of customers exceeding ten percent of sales | Customer 0 0
Percentage of minimum product sales 10.00% 10.00%
v3.4.0.3
Business Segment, Geographic Areas and Major Customers - Product Sales by Geographic Location (Detail) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Revenues from External Customers and Long-Lived Assets [Line Items]    
Revenue, net $ 55,074 $ 70,021
United States [Member]    
Revenues from External Customers and Long-Lived Assets [Line Items]    
Revenue, net 33,348 42,189
Germany [Member]    
Revenues from External Customers and Long-Lived Assets [Line Items]    
Revenue, net 10,673 12,741
International, Excluding Germany [Member]    
Revenues from External Customers and Long-Lived Assets [Line Items]    
Revenue, net $ 11,053 $ 15,091
v3.4.0.3
Commitments and Contingencies - Additional Information (Detail) - USD ($)
3 Months Ended
Mar. 31, 2016
Dec. 31, 2015
Commitments And Contingencies [Line Items]    
Purchase order commitments Approximately $46.6 million  
Purchase order commitments $ 46,600,000  
Maximum period for purchase order commitments 1 year  
Contingent consideration $ 12,910,000 $ 12,330,000
Minimum [Member]    
Commitments And Contingencies [Line Items]    
Performance milestone payment term 8 years  
Maximum [Member]    
Commitments And Contingencies [Line Items]    
Performance milestone payment term 10 years  
Aggregate milestone payment $ 300,000,000  
begin 644 Financial_Report.xlsx
M4$L#!!0    ( %.(I4@6'2-4(0(  $8I   3    6T-O;G1E;G1?5'EP97-=
M+GAM;,W:2V[;,! &X*L8VA86S62DZ(U
MW")I8^#?6):'G!EII&_EJV\/@=+BX(8QK:LNY_"!L=1TY&RJ?:"Q1#8^.IO+
M:=RR8)N=W1(3JY5AC1\SC7F9IQS5]=67/<78M[3X> Q,N=>5#6'H&YM[/[+]
MV)YD7?K-IF^H]KZ\%CJTZ%D2>6W=56B
MZ5D53C?^K;/>34,+X_:W'=/Y/U[+R4WL?4$L#!!0    ( %.(I4A(=07NQ0   "L"   +    7W)E;',O
M+G)E;'.MDLMNPD ,17\EFGUQ2B46$6'%AAU"_( [XSR4S'CD,2+]^X[8@,)#
MK<32KWN/KKP.J:P.-*+V'%+7QU1,?@RIROW:=*JQ DBV(X]IP9%"GC8L'C67
MTD)$.V!+L"S+%4EK0VTPAGEN&;>5ADZ3SXB?07
M8VZ:WM*6[13@2=&AXD7U(V8#$NTI
MO8+Z>@"%,;X[)9J4@B,WHX*[O]C\ E!+ P04    " !3B*5(&-L78D4"  "<
M*0  &@   'AL+U]R96QS+W=OKW<]=
MJ3>?\KF93GU7VM-05M\OYZYLYNO;JIVF81-"V;7YTI2'?LC=?/?0CY=FFG^.
MQS TN_?FF(/4M8?Q=D[U\OSG[-7;?EN-;_M8K;XTXS%/V^I;/[Z7-N>IA.M7
M?)@7F&]_#/E_EN\/A],NO_:[KY?<3?^H"+\6J,)RD"P'"25(EX.4$F3+048)
M2LM!B1+DRT%."5HO!ZTI08_+08^4H*?EH"=*4*R!C#4G"6'-T3H"KB/'ZPC 
MCARQ(R [0GK6
M1@_;'+T%Z"T@M'+T%Z"T@M'+T%Z"TBM'+T5Z*VDO1*T6<+16X'>RM%;@=[*T5N!WLK16X'>RM%;@=[*T5N!WLK1
MVX#>QM';@-[&T=N WL;1VX#>1MKK1IO='+T-Z&TAM'+T-Z&T<
MO0WH;1R]$] [5'+T3T#MQ]$Y 
M[\31.P&]$T?O!/1.'+T=Z.TCM'+T=Z.TCMI+,F
MZ+ )1V\'>CM';P=Z.T=O!WH[1^_UC=ZE;<:\_SR-I^Y8[EWSVW!8=(-WF3[.
M^?XIUZFPX4;K:5XIA^OGW?\ZKE-_AH2_#F*^_ !02P,$%     @ 4XBE2/48
MH_MZ P  M1   !    !D;V-0&ULO5A1;]HP$/XK%B_KI-)0
MVK(5T4@4V%:I7=%@W;-)#K#JV*GML+)?OTL":6@=K\G#^E+'ON_LN_ONSF8@
M=*<_53(&91AH\AQQH?LX>=5:&Q/W/4\':XBH/D$1@:M+J2)J\%.M/+E02[U,9C(C&<54;+W\ZY:)1_TS
MGLLQ-5!&'2[DVM=408B;'F@O)C.9;UNTDZ?8T9J*%81EV;>+>U\\@-*II:?=
MDP[^%2[8S^>Z@89,K*:4*>T/-J:_@]1K Z(%73&;#LFQYS,[]WF4F
M@:-#2:^PS-^Y[<#N=&;.# =]OYQ29?Z3*S*;]H[H7;9*UN]5$"I",A$&Z4AN
M1+X5!J_LDF(TDI@70D-(<*0E9R'2+"37E%,1 &F .:N#F1G\AV=N@[email protected]
MP'QJ@/ELQ5Q3S3212S)5H#%.U5&Y94\)"S%^%7KRX,Q2IO\SPE^0KN2!\@3(
M'5"=J-3?APE2C&[$!K2I7O\J9?B;<7Z,N[:1H %H37Z@,50%:T*MF#$LC'5A
M9F3PN)8\Q-KR@4S0X@I[L]+61N]EWHXP@W2UN=_1);<2CS4%13*DW8>)9B(]
M_0Q6J;W'Y"O(E:+QF@5DJ"IB'D4L]TZ68AAY@_4 1(#]Q'[R9*'A*4ESAPDYHF*?$B/V3BJ<=6J$K$V&(68MD^ZD?I$3E!>QJQGF3$=MS"R):F/0[_7W.;-'W(VQ
MEUHWIJK4NC"7]3'G53QP84X;8+H-,/:66Y7N._;5Q&0K-3'(MLC>%)R8<-,/:K
MEQOCZ  '#KM/C#;87;&QDE%]S(6=!V\Q-\( UN[TK1?;^\@.8RG560-Z]YVF
MI*->CT,XL+@7G4QJ5_J8WIV'ECZ+YX*KTKM,>-)19]S]>!>15]P8NP\
M<%[A2/O-J['\_'OUV/,.?Z3P_P)02P,$%     @ 4XBE2"EM"5 _ 0  :0, 
M !$   !D;V-0S.M:QKCLAM1#7?M]_+I.2N$*83T\>^O HX)PL]>U
M"85P\V2#Z K&@MB YF$<*TQ,KJS7'&/HU\QQL>5K8'F:SI@&Y)(C9P?@R/7$
MI"JE*(0'CM9W>"EZO-OYFF!2,*A!@\' LG'&DNK5;(UM3,D&?55&QS4/N+!2
MK13(NW8HNTS%S@A>AZ,<9-^>OO[I@3(LZ2KW0?553=.,FPG5Q8$S]KYX>J%_
M,U(F(#<"HBJH EL'\^34^6UR_[!\3*H\S6:C=!J?979;I'F13S\.DYWY&PSK
M;HA_Z_ADD+:+"FNXDD;1<>B60A""\FP
M;:%MK)>AHO,U1(>;$U>VMKX]IGY%9[>J^@902P,$%     @ 4XBE2)E&UL[5I;<]HX%'[OK]!X9_9M
M"\8V@;:T$W-I=MNTF83M3A^%$5B-;'EDD81_OTV23;J;/ 0LZ?O.
M14?GZ#AY\^XN8NB&B)3R>	+]O6N[!3+UES@6QHO(];JM-O=5H1I;*$81V1@?5XL:$#05%%:
M;U\@M.4?,_@5RU2-9:,!$U=!)KF(M/+Y;,7\VMX^9<_I.ATR@6XP&U@@?\YO
MI^1.6HCA5,+$P&IG/U9KQ]'22(""R7V4!;I)]J/3%0@R#3LZG5C.=GSVQ.V?
MC,K:=#1M&N#C\7@XMLO2BW A(5M>5 TR  6'!VULS2 Y9>*?IUE!K9';O=05SP6.XYB1'^QL4$
MUFG2&98T1G*=D 4. #?$T4Q0?*]!MHK@PI+27)#6SRFU4!H(FLB!]4>"(<7<
MK_WUE[O)I#-ZG7TZSFN4?VFK :?MNYO/D_QSZ.2?IY/734+.<+PL"?'[(UMA
MAR=N.Q-R.AQG0GS/]O:1I24RS^_Y"NM./&K;YH]5Z%82=J$^!!&&N*<<^9ST6S[!Z5&T?95O-RCEU@5
M 9<8WS2J-2S%UGB5P/&MG#P=$Q+-E L&08:7)"82J3E^34@3_BNEVOZKR2.FJW"$2M"/F(9-AIRM1:!MG&IA&!:$L;1>$[2M!'\6:[email protected]
MD77.UI$.$9)>-T(^8LZ+D!&_'H8X2IKMHG%8!/V>7L-)P>B"RV;]N'Z&U3-L
M+([W1]072N0/)J<_Z3(T!Z.:60F]A%9JGZJ'-#ZH'C(*!?&Y'C[E>G@*-Y;&
MO%"N@GL!_]':-\*K^(+ .7\N?<^E[[GT/:'2MSAD6R4)RU3393>*$IY"&V[I4_5*E=?EK[DHN#Q;Y.FOH70^+,_Y/%_G
MM,T+,T.WF)&Y"M-2D&_#^>G%>!KB.=D$N7V85VWGV-'1^^?!4;"C
M[SR6'<>(\J(A[J&&F,_#0X=Y>U^89Y7&4#04;6RL)"Q&MV"XU_$L%.!D8"V@
M!X.O40+R4E5@,5O& RN0HGQ,C$7H<.>77%_CT9+CVZ9EM6ZO*7<9;2)2.<)I
MF!-GJ\K>9;'!51W/55ORL+YJ/;053L_^6:W(GPP13A8+$DACE!>F2J+S&5.^
MYRM)Q%4XOT4SMA*7&+SCYL=Q3E.X$G:V#P(RN;LYJ7IE,6>F\M\M# DL6XA9
M$N)-7>W5YYNTB42%(JP# 4A%W+C[^^3:G>,U_HL@6V$5#)DU1?*0XG!/3-R0]A4
M)?.NVB8+A=OB5,V[&KXF8$O#>FZ=+2?_VU[4/;07/4;SHYG@'K.'YA,L0Z1^P7V*BH 1JV*^NJ]/^26<.[1[\8$@F_S6
MVZ3VW> ,?-2K6J5D*Q$_2P=\'Y(&8XQ;]#1?CQ1BK::QK<;:,0QY@%CS#*%F
M.-^'19H:,]6+K#F-"F]!U4#E/]O4#6CV#30,9FV-J/D3@H\W/[O#;#"
MQ([A[8N_ 5!+ P04    " !4B*5(TIKA\5,"  !N"P  #0   'AL+W-T>6QE
M9A;T6V94>@BR?+F=-?
M/UTE:XP0]54
ME)CKE5Q(AI2>RL*K2HE15ID@1KV9[\\]A@B'<>?!SF@O<%F$$'Q&'U#-:(:O_ N*>""@F4
MKK!68!&.&'8>=XB21!(#YH@1NG'PS #V4K1^C' A;6Z789QGZO>99)%$T&]_
MAZ=+>G8[F.T12G>WIX$X+)%26/*%GH#67FY*O3DN.'8BK=\KWH5$FV!V.0BP
M@\Z;")EAV64.X!:*0XISI0,D*59F5*(TTH52@FDC(Z@0'%%#N8UH#4V;8DH?
MS2?X/=_A;G+@?$R-?0B,BJVI#Z(U^VM@#]4;LCGN(>WL3;R@R;L$.AJ5)=U\
MIJ3@##NQ#EJ(=O8:?;"'/@[1EA6LA"3/VM]R:+(,YZBFZH&LA;*+$>SMKT9^,.^\EAU%
M!'O[&\Y(S6ZL@OZ%'?\"4$L#!!0    ( %2(I4C,,;CH$04  / 5   /    
M>&PO=V]R:V)O;VLN>&ULE9A9;]LX%$;_"J&7Z0#-V-:6!76!;,T$2-N@#C+/
MC$3'1"C1):DL_?5S)3OII_A:J)^T\HC+X=4E/_FC)^L>[JQ]$,^5J?V1FT:+
M$)9'HY$O%JJ2_A^[5#4]FUM7R4"7[GYDYW-=J#-;-)6JPR@>C_.14T8&;6N_
MT$L?K6G^3VA^Z90L_4*I4)D5K)*ZCCY_\D=S;=2M--NU%-LZB40M[;>JU$X4MU0IVL]#^O_6#2)1J
M+AL3;JBRK]^=1I,XC>-\Q6A?N]7JR2.PO2%D$?2CNI%WTV@<"=D$^T6;H-R9
M#.K"V6:IZWMB16*NG0^SMKG=FY6N=:5_M?6F*[^P3_]:IW_9.D@S*YPUIBO5
M/N@*T1?\VQVJ8]!%[\4@[WZT(S&-\C$!'[77=]KH\#*-NG.CVI:,WC6EZ_[?
M9Z+N.N=UB(6L2W%>!Z*(RWHU>-0U;1WHY
ME8+.O#6ZI%XIQ8DTLBZ4 % ,H'A74 *@!$#)'X-F@0[49 "E $IW!64 R@"4
M[0K* 90#*-\5M ^@?0#M[PHZ - !@ XV02?2:R_L7%P[Y)7
M^F>C:6Z_H'!C-&[,?7/E5C=IMEG;TY;Q]HO43MQ*TRCQ54G?N-:-X!&!PDX8
M8R_K1PI-&\50SPGCYX6UY9,VYB-5?>_:V4)Y+WY0[TE7+(1$% HZ80P]4W/?;"&=VJ,Q[\2I*.+[C8Y'\R:,
M>M_H[,I2DZ^5$QT02Z-N$\ZWQNNZ[;"9NF][_J.X4/;>R>5"%^+8(0K5FS#N
M40,JO1J^+@K23 @4R55=:(4#&J./,>/CK+GSZF?31M/SQW2$^T*_%( H=C1E'M\R.%:A?*W0T9AR%6?):_&\LC\[&
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M9!C;,[0]VY:S](;N>Q-\H(25,[9NHRSHHRA\H
M!7Y>8D*4H>T98_L:Q:0+78*%BV.T/><2<69Y VA$H>TY8_O6C(]PQF!2E*/M
M.6/[$(IJABBT/6=L'T"U0X$HM#UG;!]$Y6A[CK;GC.U,2DM-H\74WIDV#?YQ
M\M[^!I?)#*6U.<;V'&W/N4QF$(6VYVA[SM@^N%(4>XA"V_/#]7Y<][C;@BO5
MG"I5MAN4OOM,(4W1[EK28;7GD&;MPK6]_FI+^G:[W1B)>6/,*=W[7E]9V;ZW
M)K_N4W[^'U!+ P04    " !4B*5(=YFK.$\"  #T!P  &    'AL+W=OGDGPME+1:RR:X1[QG!9VUJFP@!D$4MKKNP+'3?*RL+>A--W9%7%O!;
MVV+V9T\:.NQ"&#XZWNIK)51'5!;1Y#O7+>EX3;N D)1YO?@$8#F@PQ^*\A'@WQ9#"IB\S(]+R^8('+@M$AX#U6JPV?I9RI
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M$P  &    'AL+W=O3OPX/A^Z
MX42Z6:?7NMVQ60TM]S[_F1O_OB*S;KIKXD[;D8[C:_[_%F:*1O.>D'
MTXZ'X^6:SKYN0*[3UZ$=#]E."$P(1>0>H:Y(VO=/AH @!(SU8JK7M^M%4"_&
M>CG59W[$TS2("RQQ3PMJ8
M>Y0%63*9V$A,D,3@)>>VW!G>B,VOI6X0Q =QJ<3N-
M#=)8G$:0:2SJADO-Z# >I9B-N#*>#,,/)!SS_ EO.$VN2 \Y!"V\[,W!'8;"&/APDF(RS.0PUS[&%!
M>WAFYALAM"8%F7N8Z!\S&9$G%#'')A:TB;GTE,/[ONA 'J>$9C%/4*ACKM";
M3MB(%D*)+(U5"^_@@,M8S!6"
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M?GS;_ %02P,$%     @ 5(BE2+?WP*<= @  CP<  !@   !X;"]W;W)K_S" G[J.L3^
M/F%"QTT8A9>!U_;8"#4 JA)<SGB+"5&5Y,SO4]'_UW>I69?4<4EME]CK8I#]RL3^;X9+9/
MXO7)K'G\)GYBUB%W''+;(?4ZY%\Z^(E9A\)Q*&R'S.M0//0;F:=F79:.R])V
MR;TNR\_OWO]8[H*S1BO':&4;%5ZCE3515&1)/F=T"Z8P>\@H@N[.!&VGI==I
M8AZ0P=4_4$L#!!0    ( %2(I4C:J#W!2@,  '\-   8    
M>&PO=V]R:W-H965T&ULC9==;YLP%(;_"N)^Q1]\V!6)U#!-
MV\6DJA?;-4VQ1-V3_(DVCU+WO9-:72P^X0]:=.E#L3U-0102B-FK)JPW5N
MYIZ[=2[/JJY:\=P%_;EIRN[O1M3RL@IQ>)UXJ0Y'-4Q$ZSR:XG95(]J^DFW0
MB?TJ?,*/!2&#Q"A^5>+2@_=@@'^5\FT8_-BM0C0PB%ILU;!$J1_OHA!U/:RD
M,_\9%_W,.03"]^OJWTRY&O^U[$4AZ]_53ATU+0J#G=B7YUJ]R,MW,=:0# MN
M9=V;O\'VW"O97$/"H"D_[+-JS?-B?V%H#/,'D#& 3 %3'G\ '0/H9T!L*K5D
MIJZOI2K7>2#8OHE0-=3&^&9KOL[/LZY7GT/JPSDVRLA!@)
MGA217MR;@L*^IPY)"%F_%FQ1D
MH00E7N("JN*,LP7[DCDL&3SCY'X\<^(9K"7UUL+@CN'XQAG/59SP^RS<8>&0
M)?.R<)@E(3?.&*HH)FEVGP4CUP 0I&%>FE%C$R4,>6%F(H+1@H;#_[D1AC#<
M#X-GW41 -\QPH"Q)"$\7\!"7AP >?]V;46,3?<'ZL+P64LQU&<4+NAB[5H>A
MURWY/\*NV6'H=LSO=J/&HG)RX[RAZ M-^9+N<^T.0[]C?K_#R2Q1%M_@FV10'OD?GLD
MT/;T[J3^WG%DF+NM$X'OVD9T!_.]WP=;>6Z5_7B<9J<[Q9.Y4CCS&WW7L#>#
MSV76^:D\B)]E=ZC:/GB52G]UFP_NO91*:#[TH-WEJ&]#TZ 6>S6\9OJ]L_<#
M.U#R=+WN3'>N]3]02P,$%     @ 5(BE2!1GE0,: @  (P8  !@   !X;"]W
M;W)KP4M7#
M[MDA3D"U,6L[H?OOUQ\),HD]PWLS[]DP*4?&/T6+L01?E/1B&[12#ILP
M%$V+*1+/;,"]>G)DG"*I0GX*Q< Q.A@2)2&,HE5(4=<'56ER[[PJV5F2KL?O
M'(@SI8C_VV'"QFT0![?$1W=JI4Z$51E.O$-'<2\[email protected]]O@)=[4A488P.\.
MC\+9 ZU]S]BG#GX>MD&D)6""&ZDK(+5<<(T)T854X[_7FO>6FNCN;]5?C5NE
M?H\$KAGYTQUDJ\1& 3C@(SH3^<'&-WRUD.F"#2/"_(+F+"2C-TH */JR:]>;
M=;1/BNA*\Q/@E0 GPM3'3TBNA.1.2(U3J\SX^H$DJDK.1B &I"\[WB@XUT54
M9:#,"!.:X[+92[6.R_"BZ\[email protected]!!G)'A*JXMP.<=]A!APY]#6H7D4>/.R0+
M#XGA)]8#?,Q/%_S4\%/#+XJYQ-Z:L)#<0)[B/,W6/E@]AZ59DCU6DRW49*Z;
MY#%_M>"O'#?KU.O&0E;V2A*O$Q?R!+/TL8Y\H2-W=61>';G3)(9>K74^$Y)^
MXT"+A9#"%;+R"BGFUYO$T*ME#LNB9'DLH?/Q4[R._4/+3CZUZF*@=TPK\0/W6] 'LFU6@P4^'(F,1*7_2LWIU63>PI(/@H
M]397>VZ'F TD&VXC>?I?J/X#4$L#!!0    ( %2(I4AF3D*2D@(  $$)   8
M    >&PO=V]R:W-H965T&ULC9;!&>((00(F-[
MIK'C:0^=R?30GA5;MID _7L4M3S/XS2^W/A5[0_:WD@6LV34;:M&M*J2
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MUC:'-^0-[*H;-G'#/#LA!=B'7 ,>0_@J_6G:/J01T$'P$3+ ;H<^CRCDTR)
M]V8Y\KWXR;M]U:KH16KSDNK?3SLIM3#!T+TY50?S/3-.:K'3=EB8<>?>\&ZB
MY?'RP3)^-2W^ U!+ P04    " !4B*5(%DWJ 8\!  "A P  &    'AL+W=O
M^5-/!DB=MK+>R_
M-2@<5[2@Q\:SW/4^-EA3LYG72@W&233$0K>BOXKENHJ(!/@K870G#H_JM^GW8;T&^'@#M6+;'T?
MPG)*6NC$7OEG'!]@VL)E%-RB(>'?%,L!M% G*)&1SJ4R[S]U#4Q2\9H4].&]S(6"SL?I=9C;
M_ OEPN-P?!#SJVS^ U!+ P04    " !4B*5(-42%ZWP$   >%@  &    'AL
M+W=O$P(YA[$TO*S^$_%/EQQ/7--#_:D]9=\+,J
MZ_9E=>JZRW,8MKN3KHKVB[GHNO_/P315T?6WS3%L+XTN]F.CJ@Q!B#BLBG.]
MVJS'9]^:S=I.J&!^%F'=[;[<^5
MKMNSJ8-&'UY67^5SCMD@&15_G_6MM:Z#P?RK,3^&FS_W+RLQ>-"EWG5#B*+_
M>=.Y+LLA4M_SOW/0CSZ'AO;U>_3?QW1[^Z]%JW-3_G/>=Z?>K5@%>WTHKF7W
MW=S^T',.T1!P9\IV_!OLKFUGJO3.%828B5AK216+RIF-;FMB43ZV$CJ&$F)$?X=IU8G
M@K5A*Z0=9M%'YOC(B ]VV+>9/2"8\B-BBZ(LB1];D<)=_,(V VS*VUDT=03(
MFR$B%!X317XBD21F)&]&$C.\*J$"D_?XD(I->+A(JW0U0^4]AEI22P! _V
M2Y>6DN 2(CX?&X5QG"P,;TRR%A[LEBXQI8U,7%B3-@Z?4$8+PTMD6>;AQL6F
MM+F)"XO2IN*3$F)A':3.E/ 9'1>?DO 3^+U-9B3O:($21(46V99+&Y>@8!-4
M\2\+!,D[BMD9EE,9Q. Q/.!"%"A$^?T6;#SV$YY'NJOR@"BX$ 4;HHJ?/0!D
M>$"D_&2F.HPMVBX;RQU>2$DAQN0 GL!F(BG_G.=#Z
MTF=?!!>50$I,Y"L&(!#,^$(TIZH$?.RXI 1"2N2W:: ,S'AR4Y5*/39J=$F)
MI-9$=HUOD3 0I=>+0!>"2""(_"I'@C>^ILJ)"#*/-8XN I'4D2YA3:/^'*)2-"C,$:75Q@1)SRJ9]$O
M=.,R#0G3%O9YI$Q;,F.K$)0'8M$%'Q+P+>RK2(J_6"897P91G0*?\7'1AP1]
MBD3^-O1\);_X'
M4$L#!!0    ( %2(I4BJ33/.G0$  +$#   8    >&PO=V]R:W-H965T&ULA5/;;J,P$/T5RQ]0$T*Z5420FJZJ[L-*51]VGQT8P*KM86T3
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M=[PJ#4[$#CR&7BO=F8QNE3]5BMBJ)DQR!T@=DG3)XP"X)Y]4];
MY)OKYRN([T]>QP\[U <2501('BRQ$O,;=73=C9GBHP7;PZEM0X
M:IOY\ED="Z
M$/[PL4E7*B4.A],#65YI]0Y02P,$%     @ 5(BE2#E2GDF@ 0  L0,  !D 
M  !X;"]W;W)K&ULA5/+;MLP$/P5@A\02K+2I(8L
M($Y1M(<"00[MF996$A&2JY*4E?Y]^9 5VPB2B[B[FIF=Y:.:T;S8 <"15R6U
MW='!N7'+F&T&4-S>X C:_^G0*.Y\:GIF1P.\C20E69%E7YCB0M.ZBK4G4U!;]X$*!U15;>:U0H*U 30QT._J0;_=E0$3 
M;P&S/8M)\'Y ? G)SW9'LV !)#0N*'"_'.$1I Q"OO'?1?.M92">QR?U[W%:
M[_[ +3RB_"-:-WBS&24M='R2[AGG'[",T"AW7
M.?W9Y OM?4*Q$(J5<)]%XZE1M/F-.UY7!F=B1Q[.+M]ZN DB7IEX;S:F5>Q8Q"ZP.P3IDB8%<&\^KLMBLL6^^*,7GQ.WUPYW$3Z9G%X_[E >250
M1H'RPQ$O,5^OFK"S/55@^GAU+&EPTBYMWEI=;^=#$<_D#5Y7(^_A%S>]T)8<
MT/F3C8?:(3KP)K*;6TH&_W[61$+G0GCG8Y.N5$H&ULA5/+;MLP$/P5@A\0RK+<%H8L('80M(<"00[)F996$A&2JY"4Y?Y]^; 5
MVPB2B[B[FIF=Y:.1)*2+,^R'TQQH6E5QMJ3J4H!9=[T*!
M526;>8U0H*U 30RT&WJ_6&^+@(B %P&3O8A)\+Y'? O)GV9#LV !)-0N*'"_
M'& '4@8AW_C]I/G1,A OX[/Z8YS6N]]S"SN4KZ)QO3>;4=) RT?IGG'Z#:<1
M5D&P1FGCE]2C=:C.%$H4/Z95Z+A.Z<^O[$3[G)"?"/D-@:5&T>8#=[PJ#4[$
M#CR&7BO=F8QNE3]5 M5EG)#D'H"K--F#QA9@3SZI^VR*];;/,+
M>OX]?7GCQN14GOW\^<2&A="'_ZV*0K
ME1*'P_F!S*^T^@]02P,$%     @ 5(BE2#8!RT^? 0  L0,  !D   !X;"]W
M;W)K&ULA5/+;MLP$/P50A\0RI3<%H8L($X1M(<"
M00[MF996$A&2JY"4E?Y]^9 5VPB:B[B[FIF=Y:.:T;S8 <"1-R6UW6>#<^..
M4ML,H+B]PQ&T_].A4=SYU/34C@9X&TE*4I;G7ZCB0F=U%6M/IJYP#+$
M3DIQ\_< $N=]MLG.A6?1#RX4:%W1E=<*!=H*U,1 M\_N-[M#&1 1\%O ;"]B
M$KP?$5]"\K/=9WFP !(:%Q2X7T[P %(&(=_X==%\;QF(E_%9_3%.Z]T?N84'
ME']$ZP9O-L]("QV?I'O&^0-U97 F=N3A[#8[#S=!Q"L3[\W&-$Z?JJ=ZLV45
M/06A*\PA85C"K CJU3]LP:Y;'-@%G7U.+VX<%I%>+ Z+SP7*&X$R"I3_'?$:
M4]XTH1=[JL#T\>I8TN"D7=J\M;K>SGL6S^0=7E8;090W-[A"-K_Z= H[GQJ>F9' [R-)"59
MD67W3'&A:5W%VK.I*YR<%!J>#;&34MS\/8#$>4]S>BZ\B'YPH<#JBJV\5BC0
M5J F!KH]?+,9)2UT?)+N!>?OL(Q0!L$&I8U?
MTDS6H3I3*%'\+:U"QW5.?\I\H7U,*!9"L1*^9-%X:A1M?N6.UY7!F=B1A[/+
M=QYN@HA7)MZ;C6F?"VQO!+918/O?$:\Q#S=-V,6>*C!]O#J6-#AIES9OK:ZW\[&(
M9_(.KZN1]_"3FUYH2X[H_,G&0^T0'7@3V5U)R>#?SYI(Z%P('WQLTI5*BF9;8WP.M(4I+E67;-%!>:ED6L/9JRP,%)H>'1$#LHQ\37
MD/RMMS0+%D!"Y8("]\L!'D#*(.0;_Y\T/UL&XFE\5/\=I_7N]]S" \H74;O.
MF\THJ:'A@W1/./Z!:81U$*Q0VO@EU6 =JB.%$L7?TBIT7,?TY^9NHGU-R"="
M/A-NLV@\-8HV?W''R\+@2&S/P]DM-AYN@HA7)MZ;C6F_TQ?7CA<1OIRMT);LT?F3C8?:(#KP
M)K*K-26=?S]S(J%Q(;SQL4E7*B4.^^,#F5]I^0%02P,$%     @ 5(BE2&;_
M^0.? 0  L0,  !D   !X;"]W;W)K&ULC5/;;J,P
M$/T5RQ]0 TDOB@A2TU6U^[!2U8?VV8$!K-H>:IO0_?OZ0F@25;O[@F>&<\Z<
M\:6N6'#F*U[4-Q>X0#:_VG1*.Y\:CIF!P.\B20E69%E
M-TQQH6E5QMJ3J4H-\COH7D5[.E6;  $FH7%+A?#O  4@8AW_A]
MUOQJ&8BG\5'],4[KW>^YA0>4KZ)QO3>;4=) RT?IGG'Z"?,(UT&P1FGCE]2C
M=:B.%$H4_TBKT'&=TI_B=J9]3RAF0K$0[K)H/#6*-G]PQZO2X$3LP,/9Y1L/
M-T'$*Q/OS<8T3I^JARJ_R4MV"$)GF%W"% FS()A7_[9%<=YB5YS0BW_35Q<.
M5Y&^FAW^A\#Z0F =!=9_'?$%4.O(/?W'1"6[)'YT\V'FJ+Z,";R*ZN*>G]^UD2":T+X:V/3;I2*7$X'!_(
M\DJK3U!+ P04    " !4B*5(H-9)TY\!  "Q P  &0   'AL+W=OP.]\X-6T)LW8-D]D8/
MH/R?5AO)G$]-1^Q@@#61) 6A6;8ADG&%JS+67DQ5ZM$)KN#%(#M*R#UJ_A>2I
MV>$L6  !M0L*S"]'N ,A@I!O_#YK?K8,Q//XI/X0I_7N#\S"G19_>>-Z;S;#
MJ(&6C<*]ZND1YA'60;#6PL8OJD?KM#Q1,)+L(ZU^9851H](3NP<';YUL--$/'*R'NS,8W3I^JQRC=%28Y!Z *S3QB:
M, N">/4O6]#+%GMZ1J<_TU=7#E>1OIH=KG\6**X$BBA0?#OB)69SU82<[:D$
MT\6K8U&M1^72YBW5Y7;>TG@FG_"J'%@'S\QT7%ETT,Z?;#S45FL'WD1VL\:H
M]^]G202T+H2_?&S2E4J)T\/I@2ROM/H/4$L#!!0    ( %2(I4CA1+XKH $ 
M +$#   9    >&PO=V]R:W-H965T&+"!.$;2' D$.[9F65A(1DJN0E)7^??F0%=L(FHNXNYJ9G>6CG-"\
MVA[ D7U#97=,<:%I
M5<;:LZE*')T4&IX-L:-2W/S=@\1I1U?T5'@17>]"@54E6WB-4*"M0$T,M#OZ
ML-KNBX"(@-\")GL6D^#]@/@:DI_-CF;! DBH75#@?CG"(T@9A'SCMUGSHV4@
MGL4?X1C>N]V8R2!EH^2O>"TP^81[@-@C5*&[^D'JU#=:)0
MHOA[6H6.ZY3^;(J9]CDAGPGY0KC/HO'4*-K\SAVO2H,3L0,/9[?:>K@)(EZ9
M>&\VIG'Z5#U6J[M-R8Y!Z *S3Y@\818$\^J?ML@O6^SS,WK^-7U]Y7 =Z>O9
MX?W7 L650!$%BO^.>(GY=M6$G>VI M/%JV-)C:-V:?.6ZG(['_)X)A_PJAQX
M![^XZ82VY(#.GVP\U!;1@3>1W=Q2TOOWLR026A?"C8]-NE(I<3B<'LCR2JM_
M4$L#!!0    ( %2(I4BTWU%]G@$  +$#   9    >&PO=V]R:W-H965TX,]:/^G
M0:.X\ZEIF>T-\#J2E&1YEOU@B@M-RR+6GDQ9X."DT/!DB!V4XN9C"Q+'#5W0
M4^%9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M&0   'AL+W=O#+&C4MS\WX/$:4=7="X\BZYWH<"JDBV\1BC05J F!MH=O5]M]T5 
M1,!? 9,]BTGP?D!\"S8 $DU"XH<+\M)\Z-E()['L_K/
M.*UW?^ 6'E#^$XWKO=F,D@9:/DKWC-,O.(VP"8(U2AN_I!ZM0S53*%'\+:U"
MQW5*?S8S[7-"?B+D"^$NB\93HVCSD3M>E08G8@<>SFZU]7 31+PR\=YL3./T
MJ7JL5K?KDAV#T 5FGS!YPBP(YM4_;9%?MMCG9_3\>_KZRN$ZTME0/OX \WG="6
M'-#YDXV'VB(Z\":RFPTEO7\_2R*A=2&\];%)5RHE#H?Y@2ROM'H'4$L#!!0 
M   ( %2(I4@ 9+R9H $  +$#   9    >&PO=V]R:W-H965T"B^B[5PH
ML+)@,Z\6"K05J(F!9D?O%]O]*B BX%7 :,]B$KP?$-]#\KO>T2Q8  F5"PK<
M+T=X "F#D&_\=]+\;!F(Y_%)_3%.Z]T?N(4'E&^B=ITWFU%20\,'Z5YP?()I
MA'40K%#:^"758!VJ$X42Q3_2*G18O[GA9
M&!R)[7DXN\76PTT0\[,QC=.GZK%<;&X+=@Q"%YA]PN0),R.85_^R17[9
M8I^?T?.?ZV(EYB[JR;L;$\5F#9>'4LJ'+1+
MFS=7Y]MY'P^1?<++HN&PO=V]R:W-H965T6CG-"^NA[ DW>MC-O2
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M+>[N2W:(0A>87<;PC)D1+*A_VH)?MMCQ,SK_FKZ\7)UOYP-/9_(!K\I!=/!+V$X:1_;H
MP\FF0VT1/003Q,!B;M_/\"):RA2
M_&(N_BX''3BGZ(5\5S6E&GQPUJI=4FO=;2%454TY44^BHZWY.M.=?:
M;L"R@"/OV'#:JD:T0-+3+GE&VSW*+,0A?C>T5Y,YL,$?A'BWBY_'79+:&"BC
ME;82Q Q7^D(9LTK&^>]-]-/3$J?SN_IW=UP3_H$H^B+8G^:H:Q-MFH C/9$+
MTV^B_T%O9UA:P4HPY;Z@NB@M^)V2 $X^AK%IW=@/?_+T1HL3\(V  P(=3$QVP>F^2!23X5V*11$Q\SX^)M I.-
M)Q"_VSYF1N)1&KZ@U).(ISX S<@]^O)2D2<1SWX FI%^A$,?[$G$+T  FG$#
M4/BN43:1,+TB[N.#PDL )\6.4WEV-5V!2EQ:/52U<7?L&\_8%%ETY$Q_
[email protected]>ELXX+1D[;3M9G+H=8/"RVZ>^L:^V?Y
M'U!+ P04    " !4B*5(GO-1^0L"  #C!@  &0   'AL+W=OI-5QK1KC/6^ L'TDVRAL7^.
M4@EF;*A.6+<*V,&3!,%=)G(9CZMP4NNTU&
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M   ( %2(I4A746OAU@$  $4%   9    >&PO=V]R:W-H965TQQW0GZH$D"C+\YJ=?9*K9L3QBHM@5/U)!JHS9]<2$ZU"66!
M52.!9H[$&2:^?\"<5K67Q"[W)I-8M)I5-;Q)I%K.J?Q[ 2:ZL[?S[HGWJBBU
M3> DQB,OJSC4JA(UDI"?O>?=Z1)9A /\KJ!3DSVRM5^%^+#!S^SL^;8$8)!J
MJT#-//0?-A:8G3_5W]U75KJK]2!2^"_:DR79IB?0]ED-.6Z7?1
M_8"AA= *IH(I]T5IJ[3@=XJ'./WJUZIV:]?_B?R!MDX@ X$L"+@W">R'%LEJBW/,?YB$"Y-P)K!?-9ECPFV3
MP\+D,!,XK)K,,<=MD^/"Y#@3B%9-YIAOVR;1PB2:"@3^JLD'+/. 7E455*W05VDR;&[1<" VF"/_)'%II
MWK0Q8)!KNSV:O>S'O ^T:.Z/UOAR)O\ 4$L#!!0    ( %2(I4B4]B_5HP$ 
M +$#   9    >&PO=V]R:W-H965T3%7JT0FNX,[email protected])S/\]"#WM\ J?"N^\ZUTHD*HD"Z_A$I3E6B$#[0X_
MK+;[(B BX ^'R9[%*'@_:/T1DI=FA[-@ 034+B@POQSA$80(0K[QOUGSNV4@
MGLM?C+&]=[LQE&#;1L%.Y=3\\PC[ .@K46-GY1/5JGY8F"
MD62?:>4JKE/ZL][,M-L$.A/H0KC/HO'4*-K\S1RK2J,G9 <6SFZU]7 31+PR
M\MYL3./TJ7JL:$Y+<@Q"%YA]PM"(62T(XM5OMJ"7+?;TC$Y_IN=7#O-(SU/W
M]>9G@>)*H(@"Q3QB?G/$2TQQU82<[:D$T\6K8U&M1^72YBW5Y78^T'@FW_"J
M'%@'K\QT7%ETT,Z?;#S45FL'WD1VM\:H]^]G202T+H2_?&S2E4J)T\/I@2RO
MM/H"4$L#!!0    ( %2(I4@&PO=V]R:W-H965T
MW;@ *LV
M9K8)W;>?;0@%A)2^8-_Q^W,'/J>]5.^Z!C#H0_!&GX+:F/:(L59;*SG#6P*M"NA."JG]GX+(_
M!;O@EGAC56U< FS/7*U7Z1\=\'/
MXA2$K@3@D!NG0.URA6?@W E9X[^CYJ>E(\[W-_7OOEM;_85J>);\#RM,;8L-
M U1 23MNWF3_ \868B>82Z[]$^6=-E+<* $2]&-86>/7?GCS&(ZT;0(9"61%
MP(.1+_.%&IJE2O9(M]3]N]W1PI43L,1'&*KTYH@3D/&.(Q
MNPF!K?JF!5E:G,F,3N[3HU6%D:='@WO\[;[ ?B6P]P+[L<7#9HM+3'+?)%Z9
MQ N!QTV3)>8+G1Q6)H>YP#[<-%EBOO"[DI5)LA @FR9+3+0RP;,C*$!5?M(T
MRF77F.&L3=EIF)^(/\*?\"QM:06_J*I8H]%%&CL(?@9**0W8(L('^SUK>]U,
M 8?2N&UB]VJ8P"$PLKW=)].EEOT'4$L#!!0    ( %2(I4A4JUH6KP$  !8$
M   9    >&PO=V]R:W-H965TT0 _&$PFK,]\MD/2GWXXJ7>):F/ !PJZQ6H6X[P )Q[(6?\.6E^6WKB^?ZD
M_A2F=>D/U,"#XG]9;3L7-DU0#0T=N'U7XS-,(X2$E>(F_*)J,%:)$R5!@G[%
ME&X-$HQ'RDEI:%5B,R/?5GM]HZN/8B3AFY;":4
M8?K8/98DRPI\]$(+S#YB2,"L9@1VZEA(/_AI=%3UMXI;IETJ"#LN[ZA)O3*&7!A4AO7(K./=*YX-!8O[UU>QWO
M;2RLZD^O&PO
M=V]R:W-H965TP
M4M5#>W9@ *LV9FT3NF]?_R0T(*3L!7O&W\^,&#L?I?K0+8!!GX)W>A^UQO0[
MC'79@J#Z3O;0V9-:*D&-#56#=:^ 5IXD."9QG&%!61<5N<^]J"*7@^&L@Q>%
M]" $5?\.P.6XCS;1)?'*FM:X!"YR//$J)J#33'9(0;V/GC:[0^80'O#&8-17
M>^1J/TKYX8+?U3Z*70G H31.@=KE!,_ N1.RQG_/FM^6CGB]OZC_]-W:ZH]4
MP[/D[ZPRK2TVCE %-1VX>97C+SBWD#K!4G+MOZ@"
M)(\Y/CFA&>80,,1C-A,"6_55"S*W.) K.KE-WRXJW'KZ-KAG#[<%DH5 X@62
MX)_&JRW.,?_19+HP26<"9-5DCMG>-LD6)ME,(%DUF6/2A0F^F@X!JO&70*-2
M#IT)8S!EIWOV1/QT?<.+O*<-_*&J89U&1VGLC/KQK*4T8(N([VRKK7T)IH!#
M;=SVWNY5N!PA,+*_7/7IO2F^ %!+ P04    " !4B*5(\I3FZJ0!  "Q P  
M&0   'AL+W=OQ-W5S.PL'\6(YM-V (Y\
M*:GMCG;.]5O&;-6!XO8.>]#^3X-&<>=3TS+;&^!U)"G)\BR[9XH+3#@I-#P:H@=E.+FSQXDCCNZH*?"FV@[%PJL+-C,JX4";05J8J#9T-+];!N)Y?%)_
MCM-Z]P=NX0GEAZA=Y\UFE-30\$&Z-QQ?8!IA'00KE#9^2358A^I$H43QK[0*
M'=;$SC
M]*EZ+//U?<&.0>@"LT^8/&(6,X)Y]9LM\LL6^_R,GO^;OKQRN(ST9>J^^8_^
MJRN!511832-N;HYXB7FX:L+.]E2!:>/5L:3"0;NT>7-UOIV/>3R3;WA9]+R%
M7]RT0EMR0.=/-AYJ@^C F\CNUI1T_OW,B83&A7#C8Y.N5$H<]J<',K_2\B]0
M2P,$%     @ 5(BE2/6YIA"D 0  L0,  !D   !X;"]W;W)K&ULA5/+;MLP$/P5@A\0RK+LM(8L($Y0-(< 00[MF996$A&2JY"4
ME?Y]^; 5VS"0B[B[FIF=Y:.N6'#F*U[4-S>X0#:_VG1
M*.Y\:CIF!P.\B20E69YE:Z:XT+0J8^W55"6.3@H-KX;842EN_NU XK2E"WHJ
MO(FN=Z' JI+-O$8HT%:@)@;:+7U8;'9%0$3 'P&3/8M)\+Y'? _)<[.E6;  
M$FH7%+A?#O (4@8AW_CCJ/G5,A#/XY/ZKSBM=[_G%AY1_A6-Z[W9C)(&6CY*
M]X;3;SB.L J"-4H;OZ0>K4-UHE"B^&=:A8[KE/ZLBR/M-B$_$O*9\".+QE.C
M:/.).UZ5!B=B!Q[.;K'QJCRU<^2'8+0!6:7,'G$+&8$
M\^HW6^27+7;Y&3W_GKZ\E0/OX(6;3FA+]NC\R<9#;1$=>!/9W8J2
MWK^?.9'0NA#>^]BD*Y42A\/I@&PO=V]R:W-H965TXSUJ0-.]$;V(.R;5BI.C$W5&>M> 6D\B3.U95*2^&40'/"ND+YT3][email protected]+?""SUWQA5P5>*)UU .0E,ID(+V
M$'U)]G7A$![PD\*@[V+DO!^E?'7)]^80Q8A'VCHA'0GI1$CR#PG92,@6!!R<^;Z^$D.J4LD!Z9ZX
MCYWL+5PY$:N,;#/:IWY0+'_G,QS],
M8KL0V/[O)(J%0#%S4*Q.HKB?Q&ZS.JYZ =HMK."[<]:3,_P@ZDR%1D=I[)'U
MI[65TH"5BC>VJ\[>)%/"H#4NW-E8A9\K)$;VMZMBNJ^J/U!+ P04    " !4
MB*5(6%H),+0!   >!   &0   'AL+W=O JD=
MB3,0C;9T0CX1X(D3I?PG)2$@6!.R=N;E^
M$$W*0HH!J9[8CQWM#5Q:$:.,S##*I>YU^>JUC#?; E^MT!WFT6-BCUE#5'>(
M;()@8V#51;QP$3M^,KK8?2V0+ 02)Y". OF]RYQ<93F^<(/GGW*GISAB<@S[10Z"FU.A3L0C1 :
MC%KXD 6H-9=U2A@TVH9;$TM_?GVB17^[C=,OH?P$4$L#!!0    ( %2(I4C1
MA@WC8 ,  &(0   9    >&PO=V]R:W-H965TI!6JO9B]YHF3H(*. M.TWW[Q>"D'M>DSDT#Y)N9
M?SKV#V1\XO5;LV=,>!]E4363T5Z(P[WO-^L]*[/FCA]8U7ZSY769B?:TWOG-
MH6;9I@LJ"Q\' ?'++*]&TW%W[:6>COE1%'G%7FJO.99E5O^;L8*?)B,T.E_X
ME>_V0E[PIV/_$K?)2U8U.:^\FFTGHQ_H_ADG$NF(WSD[-=JQ)\6_!+ $97 T(5$+H&1"H@<@V(54#\&7"]!Z("B&N%1 4DK@&I"DA= Z@*
MH*X!88,O3!^.P#[%+ Q!=QE"/L,:>"0(30RA%V&2&6PSF@)&>N,'B 3.BB)
M#"41R&!,L.J5]$S2,;2U[,!&/>A4BG1J6$ULJ(F!FMBJIF=(KT;6&="CH?46FE)->48#W=(]=7OK @%
MIL$'0!.R:E*0$A4Z%_MR-T&@&+870_JBC9V+F::),"CFXE7(M$T4WNR\R#0\
M!!R/6AWO&>EFYMZS:6<(^!FU^ME*06HQ)\[%3*="P*JH]2:Z,J#$I9!I/PAX
M"W7Q%F2:"TIOGZ2Y?1']W@=G!N0B%IN;$L--:;7"F8* %[JTA@[N5GR[E@;:+@KNUZW[[P7TX*MA7R,&F/Z_X5N#\1_'!^H[_\
MK##]#U!+ P04    " !4B*5(R>YQZ@@"  #9!0  &0   'AL+W=O8Y&FI^ 
M1P*>"%,=/R$>"?&=D-A.G3/;UU>B2%D(/B#9$_.Q-UL-%T9$*R/=C+2A/2Z7
MO99Q%!?AU0@M,'N'P1:SF1"A5O>6P,L2>SRC8U^!:H[(H\<5XE43L>7'SF#R
M_%@@60DD5B 93R%9FNQ<&PZ36TR69SY,M<3\QUFE*R/IPDCJ->(PF<5\V:1>
MM]4"A+/'3K*5DVSAQ-ON/IL5B;PV_(A/3>0K$_G"1.XUD<_./,78:V..R9)T
M922<71D&XFQ'B40UOW3*_993=II6+]A8&SIWF;+HR1E^$G%N.XD.
M7.D+;>_RB7,%VESTI+]5H^?L%% X*;/-]5ZXT>,"Q?O;()VF>?D/4$L#!!0 
M   ( %2(I4C\AAV&Z0$  %@%   9    >&PO=V]R:W-H965TO?P@%
MA)INL*\YY_B[(#L?N7B7#:7*^^A8+X]^H]1P $!>&MH1^<('VNLW-1<=4;H4
M5R '04EE31T#(80QZ$C;^T5NUUY%D?.;8FU/7X4G;UU'Q.\397P\^H'_6'AK
MKXTR"Z#(P>RKVH[VLN6])VA]]#\%AS(V"BOXT=)1+N:>83]S_FZ*;]71AP:!
M,GI1)H'HX4Y+RI@)TAO_FC+_;FF,R_DC_8OM5M.?B:0E9S_;2C4:%OI>16MR
M8^J-CU_IU$)D B^<2?OT+C>I>/>P^%Y'/MS8]G8X%@FH.["5II
M3DX36DVXIRA7BFB6  VP2Q%N*$+K1Q-%]CP ;0*0#< N((!KR-ZUX32)U001
MS'95Y4J59!@^A\$;&+R""79AG":VFBS$:)=E*4K3*'V.$FU0HA5*N(L2+78)
M,IC@79:5"@7X/WY2O(&)5S"[+9_BQ>?'",-D%V:I0EF&DPT,6!R"@5SI=R*N
M;2^],U?Z/-FC5'.NJ,Z"+[JS1E]S<\%HK]]A\F19_ %!+
M P04    " !4B*5(@I2E'%\#   K$0  &0   'AL+W=O.I/)H3T36[:9 '(!Q^F_
M+PCLH VIEXM!\MNGMWC?6F)Q5M5+?9"RL=Z*O*R7]J%ICO>.4V\.LDCK.W64
M9?O-3E5%VK3#:N_4QTJF6QU4Y ZX;N 4:5;:JX6>>ZQ6"W5J\JR4CY55GXHB
MK?ZN9:[.2UO8EXFG;']HN@EGM7"N<=NLD&6=J=*JY&YI/XC[Q(,.HA&_,GFN
M1_=6)_Y9J9=N\&.[M-U.@\SEINDHTO;R*A.9YQU3N_*?@?1]S2YP?']A_Z;3
M;>4_I[5,5/X[VS:'5JUK6UNY2T]Y\Z3.W^60@]\1;E1>ZT]KPZ0 8 N :((+_!N 0@"3 Z97IO+ZF3;I:5.ILU<>T^[7%
M?0NO.I*6V6J3J?50/ZY^]G6%PELXKQV1@5GW&- 8,85(Q@@4_A7CM HF98 I
M8PTC IA,C(!Z
M!MRY#P6H9T P"IZ 0L8ZU%A@>H;1,(%Z!F;_-P+U#'B,@B<@1FL&:BPP/(.,
M9@;4,Q#,SI9Z!D)&P0^@2_-V_!.$C Z/U%AH> 89'1ZI9Q!F9_MA.XF,@B<@1H=':BPT/(,<"NH9]&=G2SV#
M :/@!U!?RF$8!Y,%;Z+\D+.5I_Y#PW_(H:">P=F[/*2>P9A3\ 8(.><.:BS/
M] SC3\*CGO%F;^ \ZAF/L8%+"(A6JS,ZFQ:RVNLS>VUMU*EL^D/H=?;Z7N!!
MOQ9PWN&KQ3'=RY]IM<_*VGI637M"UH?CG5*-;%6X=VW!'V2ZO0YRN6NZV["]
MK_JS?#]HU/'R:N+Z?F3U#U!+ P04    " !4B*5(Y<-M]2("  #Q!@  &0  
M 'AL+W=O^Q5$-^ F+D!!^,J:<@B2($>MP-85V9N1=>
M5^PL:3>0%QZ(<]]C_GM+*)LV81Q>)UZ[4ROU!*@KT:%^0WV9R%9
M?[6$08_?;=L-IIWLDR*:;7Y#,AN2FR%._VF LP$Z!F#)3%V?L<1UQ=D4B!'K
MW8Z?E9SK$)4&ULE57;
MCILP%/P5Q >LC;DF(D@-5=4^5%KM0_OL!!/0&DQM)VS_OKZ0+%ALDWW!/F9F
M/.<8'_*1\5?1$"*]MX[V8N&
MU%& ($Q A]O>+W*S]LR+G)TE;7ORS#UQ[CK,_^X)9>/.#_SKPDM[:J1> $4.
M;KRJ[4@O6M9[G-0[_TNP+0.H(0;QJR6CF,T];?[ V*L.?E0['VH/A)*CU!)8
M#1=2$DJUDMKYSR3ZOJ3
M.@+IPL%JHOMT5O0,(;1:C716C31XY#/+'"O9PLH#N6P<@^$=F%3]PK2*FC%)E!A\4I] H_KX+:"DEGJ:
MJCFWGTQ.G\HO[3
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MB*5(\G.BD*,"  #A"0  &0   'AL+W=O.%?1>]MTRR2:C,#96!8*C,X468!GDK5X0AR.^CY!.4W$.!
M093<10$@O&@\T:Q9H1,4ZJ$$1RFI,PK,,0ZBN"($"W@?I9B@%!Y*<$&5A8=2
MA!^0)RKF;%$03#="_Y@87X72&>\C_+3_0P\G^(J45F1?R33\
M(E6^"J 9^R^<[N 0>3C!IU!:47[]4*#@.J\\&2;4V:I'H,3Y5![9GO]@_;[N
M9/0JE/[J#A_J"ZG>I6?P%0
M2P,$%     @ 5(BE2.F>E!,1 @  X@4  !D   !X;"]W;W)K&ULC51-;^,@$/TKR/>MO\&)'$N-JVKWL%+5P^Z9)"2V"L8%$G?_
M_?*1.+:%E%X",W[OS1L(4PY!)!GQK#XMR64#YL@
M#FZ)]_;4*),(JS(<>8>6D4ZVO ."'#?!<[RND4%8P)^6#'*R!\;[CO,/$_PZ
M;(+(6""4[)51P'JYD)I0:H1TX<^KYKVD(4[W-_57VZUVO\.2U)S^;0^JT6:C
M !S($9^I>N?#3W)M(3>">TZE_07[LU26GSF!6/!;(
M%@*9%(W!2Y$>^\AY)4-@$+OC'9R'35*]:LXEOL&&)$/O(=.?SER
MP8C2H3C%LA= #I;$:)QBO(@9:;NHKFSN6=05/RO:=O LD#PS1L2?#5 ^K*,D
MNB5>VE.C3"*NJWCD'5H&G6QYAP02QJBO[^I?[/=:O<[(F'+Z>_VH!IM%D?H
M $=RINJ%#]_AVD)A!/><2ON+]F>I.+M1(L3(NUO;SJZ#^[+$5UJ8D%X)Z4@8
MZX0)V960W0FY[=0YLWT]$47J2O !R9Z8RTY6&BZ,B%9&NAEI0WM<+GNILQ)7
M\<4(33 ;ATDM)AD1L58/EDBG)3:I1T]#!;8^PO/PWPK9K(G,\C-G,%]^+)#/
M!'(KD+M3P/G49.?:<)C28I8%SD*@K0]*ELM/6"EF5@K?2ID$K3C,PF'RKVG0
MB@\J*1'M^[I3[BX[9<7(]IN;YS?(;/='< +K+U%5/3O"3
MB%/;2;3C2C]N^ZZ/G"O0[O"#OK5&S]PQH'!49EOJO7!CR 6*][>A.D[V^B]0
M2P,$%     @ 5(BE2#H^VH0B @  !0<  !D   !X;"]W;W)K&ULE95=;YLP%(;_BL7]BC$0(")(3:=INYA4]6*[=H@34&W,;"=T
M_W[^(!0H4^@-V.8][W..P8>\X^)55H0H\,9H(W=>I52[]7U95H1A^6$,B[][0GFW
M\P+OMO!2GRME%OPB]X>X8\U((VO> $%..^\QV.Z#T$BLXE=-.CD: Y/\@?-7
M,_EQW'G0Y$ H*96QP/IV)4^$4N.DR7]ZTW>F"1R/;^[?;+DZ_0.6Y(G3W_51
M53I;Z($C.>$+52^\^T[Z&F)C6'(J[164%ZDXNX5X@.$W=Z\;>^_^ ;+%Y><%6RX4QT:9#5!(/"U^Z+"#1%[-$H/$RB^P;A+,?0&H2]07S?()H91-8@<@8PFA;9
MN"R=)G%%9O$*2CRCQ!-*LDAQFHVC)-GF/F4SHVS&E&2%03(S2#Z[F^G,(%VQ
MF^FXSE6[F&PO=V]R:W-H965TXA!-Z-%:@7**2(/'
M%>)%$['EQT,3T6.!S4)@8P4V@T \-\E<&PZ36DRPABC7$5^:2!8FDIF)S:J)
MY*&)*2(,PRP(_L'*=F%E.[.2/!9(%P+I_YY(MA#(9@ZVJ__E'),NBOB3BT!!
MG.V D*CB%Z;&ULG9C;
MCILP$(9?!?$ A;$Y>95$ZE)5[46EU5ZTU][$2= "3H%LMF]?,"3%LY!,>A,.
M^6;X#?Y_#HN3KE[KO5*-\U[D9;UT]TUS>/"\>KU7A:P_Z8,JVW^VNBIDTVY6
M.Z\^5$IN3%&1>\SW(Z^06>FN%F;?4[5:Z&.39Z5ZJISZ6!2R^O.H
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M-A;[HVZS$@X-_ AF<":*X1+#3A6X.Y< 1PLP GV&:!;_D$8R4" TP6L
M>!%\6M X. 2?G%FI#4%"$(.S!>QPF9[!8.5&+*)I-18E0L)=!'"Z@!TOE!8X
M7^#N@ &<,$"(&*!E#/Q'R !.&:#$#%!R9A::O]'CH&&4H&%6T,S?'A%'NS\R
M'#0,"!8?H%L61QC)XNS#TQ C6'R KEO+<)UC+>Z.WTX/^X6ZT;U?;R/[4^W2NYN6SD:MMT
MJW&[7O6OY/U&HP_G+PR7SQRKOU!+ P04    " !4B*5(B\\;=#$"   R!P  
M&0   'AL+W=O),E(0J\,UK+
MK5X-T&7JNB5&; SS._YYTJ1FI9\1H(J5MS](5\/*"!XYE?8)CA>I.+M1
M/,#PNWM7M7VW[DL".]H\ 74$U!-ZGWE"V!'".R&RE;IDMJYO6.$\$[P%LL%F
MMH.-A@LCHI6!+D;:KOU=;O2:AVF<^5&"G*N)S6IH
MD\!9&X=96\QJ'K-?#:*@ "Y(LIXD68\*CF>3K =) I0&"VSBB4T\M$G18X%D
M(I!\=6;3B4"Z8&;34:&+9C: TWT$AT9Q,FO4@9S3$INC \6?+A!_W>C_;7P+.]!2;C.W,]V"/N+I-G
M#2[(+RR*JI;@P)4^*.T9>>9<$9T//NEM4NH+K.]0NV<$>ZZRC>W&ZH
M_IK,_P-02P,$%     @ 5(BE2 #N":K; 0  WP0  !D   !X;"]W;W)K&ULC53;CILP$/T5BP]8,SYQP;C[.1BW?9 "CTP6@G3UZC5'_$6!8-,"*?
M> ^=7JFX8$3I4-18]@)(:8L8Q:'O)YB1MO/RS.9>19[Q0=&V@U>!Y, 8$?_.
M0/EX\@+OEGAKZT:9!,XS/->5+8-.MKQ# JJ3]QPW\JVRX(
MIX)P+@B=<2=D;7XCBN29X".2/3'_+CAJN# DFAEI;]*&=O\VCPR'#5T-T
MASD[3&@QP8S FGU3(KR7.(>+\BB-'Q-$*X^1)8@FC_O'!/&*(+8$L2/PX_M-
M=LZEPZ06R6(NE^4\1A$HOQ'TLD*XED*;'W-R62A420/-9(5QKI
MW5FEFQKI\JRB]1_%BQO(0-2VT20J^- I=]7F[-S+SZ&]P9_P/.M)#;^(J-M.
MH@M7N@]L"U2<*] F_"=]F(U^;>: 0J7,--5SX1K0!8KWM^=D?M/R_U!+ P04
M    " !4B*5(R:6IUO !  !'!0  &0   'AL+W=O[]1<,*)T
M*!I?#@)(99,8]4.,$Y^1KO>*W*Z]BB+GHZ)=#Z\"R9$Q(OZ>@/+IZ 7>;>&M
M:UIE%OPB]^>\JF/0RX[W2$!]])Z#PRDS"BOXU<$D%W-D:C]S_FZ"']71PZ8$
MH% JXT#T<($7H-08:?"?J^WD^%KVG9">$T(YX30%>Y 
MMLRO1)$B%WQ";D-*'5!+/"
MU^Z;B/ ><0H7Z;LT>FRP6]6XLP8[9[#/'AM$*X/(&D3. $?W3?:N2J=)79/[
M.'Y,B5>4>$&)<+!)<9K$:O!C1+)"),M&TFP3D2P07X)T_YB2KBCIDI+A34JZ
MH(3_T4FV8F1W1Y)N,K+ED:3[9$7Q%W\Z ]'8"RU1R<=>N5]Z7IW?C.?0WI1/
M>9$/I(&?1#1=+]&9*WW?[%6K.5>@J\!/^LQ:_:K- 85:F6FJY\)==!
MK?GM+/X!4$L#!!0    ( %2(I4BDK$R%I0(  ,4+   9    >&PO=V]R:W-H
M965T_8F
M3H(6<&H[F^W?US:$XFFDF$NPS9LW\["?,^5%R'=UY%Q'GVW3J75\U/KTF"1J
M>^0M4P_BQ#OS9B]DR[29RD.B3I*SG0MJFP0(R9.6U5U@BR??K^(D^;E)B(0[Q
ML^87-1E'MO@W(=[MY/MN'1-; V_X5EL*9AX?_)DWC64RF7\/I/]RVL#I^,K^
MUZ:.IEL31CN_9N=&OXO*-#QH6EG K&N5^H^U9:=%>0^*H
M99_]L^[<\]*_69(A['8 # $P!D!?>)_(E?F%:5:54EPB=6)V\^BC@4M+8I@C
M4YMR4Z>^7_VH,@)E\F&)/,RFQX##T!&1&/:;*$;2^P0IJC%U!-E 
MD-TGR!!!Y@C2@6!QGV"!"!9>!?G-K^1CBOM)%=27V@WGO@?EO58"(;4"
M3@1>(@B@P,>?IK/E8@/0+&!G?1 -V%J*?4(]$]  JU+L IK/5HM]0(N0S2W\
MS0V1B_U"/;!GP/=,P T'V T L]5B-T :
MHM8#T8"[%+!EP'?#*H "NP$6L]5B-X#WIS"Y@:9'>0 -1SG@B@'L&"A"/JH'
M@I!. !L&/,,$E8H- [,-DV+#I)X7)LZ?JD4@?)4EDS:KY?+@NDD5;<6YTWT_
M-:Z.'>L3N#;M'[PJ3^S ?S!YJ#L5O0EMFCW7Y^V%T-Q401[,$3J:GGJ<-'RO
M[; P8]EWF?U$B].U:1X[]^HO4$L#!!0    ( %2(I4C#K/^F- (  %4'   9
M    >&PO=V]R:W-H965T"5
MT5IN@E*I9AV&\E@2AN4#;TBMWYRY8%CII;B$LA$$GRR)T1!%41HR7-5!D=O8
MDRAR?E6TJLF3 /+*&!9_MX3R=A/ X!YXKBZE,H&PR,.>=ZH8J67%:R#(>1,\
MPO4>(@.QB%\5:>5@#HSY ^)6*
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M7V+]35K\ U!+ P04    " !4B*5(!9[<;R(#  ")#P  &0   'AL+W=O$^
M"-KU7E9Y>Z<.LM;_;%53Y9T>-KN@/30RWYB@J@P8(2*H\J+V5POS[;%9+=2Q
M*XM:/C9>>ZRJO/GS($MU6OK4/W]X*G;[KO\0K!;!)6Y35+)N"U5[C=PN_<_T
M/N,&8A _"WEJ)^]>+_Y9J9=^\'VS]$FO099RW?44N7Z\RDR69<^D,_\>2?_E
M[ .G[V?VKZ9<+?\Y;V6FRE_%IMMKM<3W-G*;'\ON29V^R;&&J"=F]AC<]B6;V=#&M&9KI&KZ^KD(N%L%K3V1A'@8,,QCF0F06(KI 
M BW J8(!%%Q,!,9$E)G&*&3 "+,IL"@%2""M%ZDPA)BD^N>F<1%-&.(VC(A.@""BV ,D1'CJ!S2U)WT1:($HP:Z">4([IR
M!%T60;%
M0)-A]MDC1%! ;V WGSXXW,T<<_K@!#$ELZ!Y,= 7.$6LSPB*/Q8S!QK$!)-+
MTR'?R1]YLROJUGM6G;Y_F:O75JE.:BIRIS?!7M^++X-2;KO^-=;OS7!3' :=
M.IPOOI?;]^HO4$L#!!0    ( %2(I4A]I_V1' (  &4&   9    >&PO=V]R
M:W-H965TO?P@!Y%&Z";8YY]SO)G"3CXR_BP9C"3XHZ<3!:Z3L][XO
MJ@93))Y8CSMUY\PX15)M^<47/<>H-B9*?!@$B4]1VWE%;LY>>9&S09*VPZ\<
MB(%2Q/\>,6'CP0N]V\%;>VFD/O"+W)]]=4MQ)UK6 8[/!^\EW)>95AC!KQ:/
M8K$&FOW$V+O>_*@/7J 1,,&5U E(7:ZXQ(3H(%7XSY1Y+ZF-R_4M_9OI5M&?
MD, E([_;6C8*-O! C<]H(/*-C=_QU,).!U:,"/,)JD%(1F\6#U#T8:]M9ZZC
MO9,%D\UM@),!SH:YCML038;H;HA-IY;,]/45253DG(U ]$C_V.%>R;D.45X@V
M343&'TU-)(\#XDU ; )B$Q %\1JRLVU836HT20BCR*4JUZKH^3^ZV6U@=@N8
M.$Z=,%:3&$W@!'$K/H5(-A#)"B)S0B0/(=R*3R'2#42Z@GAV0J2+$FY)N91\
M"9/T,4BV K7?W-^5!/5#L![3)'WZ()_(GYI.P%.3*KA8N;*F3&)%5[PI!Z;1LW\>4/P
M6>IEJM;%%[[I7"B0JB03K^$2E.5:(0/M$M]DB[H(B AX
MY3#8@Q@%[RNMWT/RV"PQ#19 P-H%!>:7'=0@1!#R!W^,FC]'!N)AO%>_C]UZ
M]RMFH=;BC3>N\V8I1@VT;"O8&QA'@376MCX1>NM=5KN*1A)]IE6KN(Z
MI)UK.M+.$_*1D$^$;/8GH1@)Q0F!)&>QKSOF6%4:/2#;L_#8V<+#31#QRL@W
M8V,:KRM5=]5L3DNR"T)'F-N$R2,F/X>HCQ#S"4*\@;,N\A,7>>07R<7L\G^!
MXD2@B *SL8WLV*1*;23,5<1D])K2&)FPY5%*^W\4\57
M:K5VX+7HQ1RCSD_0E AH70BO?&S23Y42I_O]B$QS6GT#4$L#!!0    ( %2(
MI4@?&V=2@@(  'P*   9    >&PO=V]R:W-H965T;3R/[4O28/9(.]**-T?:-YB+:7_R6-<3
M?%!!3>TA "*OP57KYIE:>^[SC)YY7;7DN7?8N6EP__>)U'38NM"]++Q4IY++
M!2_/O&O"G4 MP_@F 5/8<@": M U  ;_
M#?"G -\(\$9ERM=7S'&>]71P6(?EUX8; >\EB6!VA!FFINJXQM6W/ A1YKU)
M(@WS-&*0PBPB"@T17B&>$+"H ADJD(KW)Q7^.H%O$/B*()@( EUD.]H8,;'"
MP#@.X!*JT%%^D*Z+"0PQ@>;&XCA"@R"T<#-BHA4W.LK*362(B69B_&A12S3?
M!:4Q6-2BH7P06!Q,;&B)M8.)U@D2@R"Y-]%2@R"U^#3IS&BP\%F?<9 8OLGT#C']2##Y+E8JO#4/PI
M[[Q9G]#A$_F)^U/5,F='N6@Y5+=QI)03008>1=*4HA6\3FIRY'(8BW$_-D?C
MA-/NTNM=&\[\'U!+ P04    " !4B*5(;9QUYN0!  #&!0  &0   'AL+W=O
M&6WEP:N5ZO88
MR[P&1N0#[Z#5;THN&%$Z%!66G0!26!*C./3]!#/2M%Z6VK,7D:6\5[1IX44@
MV3-&Q+\C4#X7!>PKVQ\!"+.)W X.<
M[)$Q?^+\S00_BX/G&P] (5=&@NCE#,] J5'2F?]>1#]R&N)T?U7_;LO5]D]$
MPC.G?YI"U=JM[Z$"2M)3]2\79E>(A1M[=VK1V'=R;
MG7^AW2:$%T(X$EP>[!)9F]^((EDJ^(!D1\S/"_8:+HR(5D;:F[2AK=Z=GK,H
M\5-\-D(SS-%A0HL)1@36ZC=3A/,4QW!"#]?IFX7#C:5'SF&@7?@/^F+5>JB. 852F>U6[X4;,RY0
MO+M.S7%T9_\!4$L#!!0    ( %2(I4A-P5>DQ@$  $$$   9    >&PO=V]R
M:W-H965T)U, 8
MD?]/0,5X#*+@ZGCMFE9;!\XS//.JC@%7G>!(0GT,GJ)#D5J$ [QU,*K%'MG<
MST)\6.-/=0Q"FP)0*+55(&:Y0 &46B$3^-^D>0MIB;D$R$Y$9P5X=]9JZN9Z))GDDQ(M43^]C1P<"E%3'*R!2CG.FN
MRWLO>7J_S_#%"GW#G#PF=IAH1F"COADB_A[B%"_H\5: 8HG8AS]'2%9%)(Z?
M^ 1WCS\+I"N!U FD7B!:W0+W97C,?ONF/*988G;APRH1O'@:!K)Q+:M0*0:N
M??FS=YZ*I]@^[ OD4W'%3H+;1K']4PMA :37'BW"U!K
MYGDV*-3:;O=F+WV+>T.+_CJP\U\C_P)02P,$%     @ 5(BE2+5GFY(P P  
ME0X  !D   !X;"]W;W)K&ULE9==JO+WC>U;+7S:\J7(A'YMMU.X;EJ_[H*J,
M8!R3J,J+.IQ-^G?/S6S"#Z(L:O;!PW;3,/OX/X)X@[IB=\%.[:#^Z S_\KY6_?P+?H[9!0[O3^J/_72E_=>\90M>_BG68B?=QF&P9IO\
M4(H7?OS!]!R23G#%R[;_&ZP.K>#5*20,JOQ#78NZOQ[5+VFLP]P!4 ? SV:[/,13Z;-/P8M/N\V['@
M7N)-)R*5 [D@;?_8+[EZ^S[#))U$[YV0PQ["2&
M'7)=@%@"Y-95II8 O;[*3W28=HQHXI'XU!HG-<:AUP4R2R"[=:8@MOM$[+&C
M-:26%<80N[?BH^944E(,?38C^-*Y@.$H]9"PRQS<7.? +G3@4^D:4GG!\$O;
MTD5Q 1LW9!K<$7,-Z9$2%#N[
MR]+"L@Q[&+++'A"//J8A-1)"!#D3N30QF [^L8T;LML(,/I(ZMP<E0Z_')(@1Z%I2$]$"8 NS>.Q5&:^EBRNR%$'J4%AVT.)$F&
MW&<$B\.0>%0[M/LAQ![%I2%ZVFPCYZP+F#(4#0[?^WS+?N7-MJC;X)4+>8[O
MC_ ;S@638O&=[&4[^8UX?BC91G2W5-XWZJM)/0B^/WT$GK]$9_\!4$L#!!0 
M   ( %2(I4BF%U(<$@(  *,'   9    >&PO=V]R:W-H965T("3^_],Y!UV2EK(/7F LK,^*U'QK%T(T&P#XL< 5X@^TP;7\DE-6(2&[
M[ 1XPS#*M*DBP'6<$%2HK.TTT6-O+$WH69"RQF_,XN>J0NS/$R:TW=K0O@Z\
MEZ="J &0)N#FR\H*U[RDM<5POK6_P6M6[;[DOL]+9I@]L;W)L!
M^O\U>+W!6VOP>X._UA#TAL P@"YW7;D]$BA-&&TMWB"UGN!&RIF"2+(ER\5U
M5_^0;O22^K&7@(L"C31/G<;5&G=*L1LI@BG)?BCQ(SBE>1YKOJ8",I');%PC
M&U<#_!X0+@,\ ^!I@-<#O&6 ;P#\802Q/UG/D<:=+L6<9C:0P @D& 42+ -"
M Q#>6XK( $0K2A$MEV(WIYD-)#8"B4>K(EH&/!J QWM+ 1USFSG+Q=@;HA7+
M%_ZSG>$(L2)7:.XAZ-Z=K;F+H+?BUQNB@$_Z!V*FLN76@
M0IZ;^LC,*158HIP'&6PA;\Q;A^!S=6#P(  .(%   9    >&PO=V]R:W-H965T5JC[L/CO))*#:F+6=T/W[]840
M@Y#2%VP/YYPY,^ I>BX^90V@T!>CK=P&M5+=)@SEH09&Y!/OH-5O3EPPHO11
MG$/9"2!'2V(TQ%&4A8PT;5 6-O8NRH)?%&U:>!=(7A@CXM\.*.^W01S< A_-
MN58F$)9%./*.#8-6-KQ% D[;X"7>5+E!6,#O!GKI[9'QON?\TQQ^'K=!9"P 
MA8,R"D0O5ZB 4B.D$_\=-.\I#='?W]1?;;7:_9Y(J#C]TQQ5K*/APHAH9:2+D?9HV^6BUS)=KXOP:H0F
MF)W#8(N)1T2HU1=3X&F*'?;H>"E!Y2/RZ'&&9%9$8OF),YCAQP+I3""U NG0
MA71JLG5E.$SNDN!5O@2J9J#U8RNKF975Q,KSHA6'R5Q'$QPO6IF HNP;5K*9
ME_(<+1K)O;H(JB:@-,EG5D+O
M[C 09SM3)#KP2ZO<_SE&Q['U@LW=F\5W>IRYZ7.7*8N.G.$7$>>FE6C/E;[9
M]E*?.%>@W45/^I/5>N".!PHG9;:YW@LW@]Q!\>XV4<>Q7OX'4$L#!!0    (
M %2(I4CGA6[6LP0  !4;   9    >&PO=V]R:W-H965T3/T6^K^^FVZ8YW 9!_;K515;?E >];[_9
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MJQ)S'+-I+AJA)89Y
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MB*5(&]I#IT$"  !!!P  &0   'AL+W=OSCGS)DA'A<]XV^B(D2"=]JT8AU44G:K,!2'BE LGEA'6O7FQ#C%4FWY.10=
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MZ+,=@7^=0SAQD9\A+%3J#
MAA)^-A-;@ .[M-*>U#$ZW@K/9G9Z\0U<;>ULO\N418?/Y#OFY[H58,^D&H-F
M IX8DT09C)[40:C4?39N&G*2>IFI-;<3WFXDZVX7UGAKEG\ 4$L#!!0    (
M %2(I4A3V5I]/0(  '4'   9    >&PO=V]R:W-H965TA%UU9(WYO!+TV#V;T=JVF]=X-X.WJMS
M*=2!EV?>R#M6#6EY15N'D=/6?06;/4 *HA&_*]+SR=I1R1\H_5";G\>MZZL<
M2$T*H22P?%S)GM2U4I*1_PZB]YB*.%W?U+_KTN5%PBCS
MKDIHAMD9#-08,"(\J;X8 LY#[."$#I<"[*>(V'\< 5E%(,U'0Q'Q8X' $@BT
M0# ()/,D6U.&P<0:$Z D7@+MIZ PC:/'J816*N$LE?2Q0&0)1,^:$5L"\0HS
M#"8R9J3AHA)Y)8B2331-"*_T5J":3/6@%\NSW\%68,(%,IC$*T:,<,
MA8)@Q:<%7[H5S"Q9T8P VA+P:5/L=@-HC2EHT@H HG39E"D*^HEMBC>99@UA
M9SWEN5/02RO,Q!A/QYOD%:II:)WOU VCI^1=)L\Z?":_,#M7+7<.5,A9J\?L
MB5)!9'K^B^S&4MZ!XZ8F)Z&6L5PS!']7H8I@?Q9AV?[795H]N^,FW4Z?W=Z@^X?1+9!)D1?U?ZU#OW
MT13\LS$_I\&?N[M5,L6@:_TR3"[*\?*N'W1=3YY&YE_6Z?^34Y&S]%8WWX>SC.X/'W?*('K^'UR1##W
M"P8M1O@P#Q0C?9A'%^-EVKJ(+/%!GH@3=8;$8Z[>A)$EC+.]L($&.!#,@9@=
M2.L@]6;J8@06ETDD(Y&. Q Y)6D7D@63S9C$A]BZ" &7HU L"D52S2X[2)F#
M]-IB9\Q!1B+PUN%AP:3+BI"92I+D,E'.B')"5'@+GCM$,LF*-&!B"\93N#S2
M.VV/A<-3  @9P ,)%W9"F,#+9$%74GWJ(4"HT$=U;T$+%4"2!$T3R(X  A:,LBU
MCU3[_MV8@4*V4BY\I,)/O:E;T%?[%(% 4,J?MG7:%S)_*.CP8!@1[QY(]G^9
M^VM+00&+''F+0=)B,&#W1MXY4%TK>^2= ].0LJ9N654:5%?>8# +J2L!J1 >
MWCR0- _EERN2YA' PIL"DJ:@O%OB(U*QHT*\3"6XV 71L1)>*@M:IDA*?_?9
M$E16A,RCX#U!D)Z@I#^9(_E
MJ_ZK[%ZKMH^>S3"^$\^OPWMC!CVZ2F[&K ^ZW)T'M=X/TVTVWG?+!X5E,)CC
MQ_>1\T>:S7]02P,$%     @ 5(BE2 >AE+?L @  &@P  !D   !X;"]W;W)K
M&ULE5?-Z5!/K/R)J)W>FTA\YD+ACZ&25+$ ^K&L&WDW,/4-N3,^F[$
M#U- S\. IK]KW)/+*@3A=>*Q.QR9F(C;)E[J=MV 1]J1,9CP?A7>@[L-S 1$
M(GYU^$*U]T"8?R+D60Q^[%9A(CS@'F^9H$#\\8(WN.\%$U?^HTC?-$6A_GYE
M_R:7R^T_(8HWI/_=[=B1NTW"8(?WZ-RS1W+YCM4:
MD/BVP1V'3X*$,P=\,50.Y7;-LR]MGI=-_"*(#,QZQD") 0LBYNQ."6A*K*%6
M#ET"&QU1)K<54FL1J:Q/U2*JVP2919!)@DP1U*;)<5[&C"GF70 @23R,YI9.
MKNL4B5,GUW6RNLZ@T
M4AHRB=?65Y9.9>BD3IWJX5*@6H*R.H(>0O8M %*/="D0F&^\-(TRCS,+[/L"
M9![Q =GGCA.P;PN0>V1#@=2"D19FB'&1IA+MT'4H%*E64?'3O)T$ARZ3Z2
M"O213JRU7 .>#K(5I<&6G$B=>2OT]SZSH/&#E=._'EWX'V
M'U!+ P04    " !4B*5(VMGL4T\"  "D!P  &0   'AL+W=OQ<_ ).((&U25>VATFH/[=E)G( 6,+6=
M9/OOZP=A#44;+O&#[S$#F9G\QL6;+!E3P7M3MW(3EDIUZRB2AY(U5#[QCK7Z
MR8F+ABI]%.=(=H+1HR4U=80 2*.&5FU8Y/;N110YOZBZ:MF+".2E::CXNV4U
MOVU"&-XO7JMSJ\Y
M?S.''\=-"$P,K&8'922H7JYLQ^K:*&GG/[WHAZ;K@Y_3R7;\?IW
M=52ECA:$P9&=Z*56K_SVG?4Y)$;PP&MI?X/#12K>W"EAT-!WMU:M76_N209Z
MVCP!]00T$%#\*0'W!#P0H"5$+C*;UU>J:)$+?@MD1\W7AFL-%T9$*P&PZ06DR(,P() DXE/XOND8-8G\7S0*EWDDTY\
M4M^'D%F?U//Y C$$&,[A=B-F<.A9B=E
MMD3OA1LB[J!X=Y^)PV N_@%02P,$%     @ 5(BE2$32*9#W 0  CP4  !D 
M  !X;"]W;W)K&ULE53;CILP$/T5BP]8")! (H*T
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M.-"T0+@>BKS8@7 O$3S8AG=>[WT6HOYIAX]F]:(^[L
M1Z? *S, !,I9WTK[,TW1:<:\^OJB+.(G-7OLJ+C)I$F'*_B%>=6T IV95-?0
MW,"2,0G*G/>BOE2MIN-T(%!*O8W4GMN!80^2==?Q-\W@]#]02P,$%     @ 
M5(BE2(CME&;F 0  + 4  !D   !X;"]W;W)K&UL
MC53)CIPP$/T5BP\8:+9>1"--$T7)(=)H#LG9#<6BL3&Q33/Y^WBA:4!,)A=L
ME]][]>)JP7I*FA1>.1$\IYG\N0-AP=G;./?#:5+74 3=-
MW(E7-!1:T; 6<2C/SO/NE,4:80 _&QC$;(ZT]RMC;WKQO3@[GK8 !'*I%; :
M;I !(5I()?X]:CY2:N)\?E?_:JI5[J]80,;(KZ:0M3+K.:B $O=$OK+A&XPE
M1%HP9T28+\I[(1F]4QQ$\;L=F]:,@]TY>"-MF^"/!'\B^,=_$H*1$#P(OJG4
M.C-U?<$2IPEG Q(=UI>].RDXUR)*&:EBA%F:X[+16QH=PL2]::$%YF(QOL'L
M)H2KU#=3^,L4%W]&CP[15HILB8D_3Q*LZ@B,0& ][L//!<*50&@$PM'!?NFR
MM9583/R_!Q&M4D2+%(?-%-$LA;>%R+81'YJ(5R;BA8GCYH4O,$=O\\8^PE@C
M[NPOI, K\SH%REG?2GO/4W1J ,_F+U[%+ZHQV'?\D$F3#E?P _.J:06Z,JG>
MB'D>)6,2E#GO21U2K5K7M"!02CW=JSFWK]DN).ONO6EJD.E?4$L#!!0    (
M %2(I4@UY,8Y00(  'L'   9    >&PO=V]R:W-H965TV$[=_7%T+ I2)Y
M";8YY\S,(9Y).\8_1$&I]#[KJA%;OY"RW02!R M:$_'"6MJH-R?&:R+5EI\#
MT7)*CH945P$"8!74I&S\+#5G;SQ+V45694/?N""_/
MA=0'098& ^]8UK01)6L\3D];_Q5N]A!KB$'\+&DG1FM/)W]@[$-OOA^W/M Y
MT(KF4DL0];C2/:TJK:0B_^Y%[S$U<;R^J7\UY:KT#T30/:M^E4=9J&R![QWI
MB5PJ^@@3#$
MF2?@GH#OA-!4:C,S=7TADF0I9YTG6J*_-MPH.-8TN%8!7C
M64.F,!2'#_P_X#]7%DX\B1Z00*X$>MH5]\Y!_( K>'0=( 31?UR9P"*0N*X$
MHYY64WXVO5YX.;LTTO:-X728)Z](]T3G?*?GC.F5=YDL;&ULE57+;J,P%/T5Q <4;/,($4%J,JHZBY&J+F;63N($5,",[83.WX\?A!H7
M-32+8#OG<0^YMO.>LC=>$B*\]Z9N^<8OA>C60< /)6DP?Z =:>4O)\H:+.24
MG0/>,8*/FM34 0S#)&APU?I%KM=>6)'3BZBKEKPPCU^:!K-_6U+3?N,#_[;P
M6IU+H1:"(@]&WK%J2,LKVGJ,G#;^(UCO0*0@&O&[(CVWQIXJ?D_IFYK\/&[\
M4-5 :G(02@++QY7L2%TK)>G\=Q#]\%1$>WQ3?])Q9?E[S,F.UG^JHRAEM:'O
M'"!UEQ_>X<+%[2Y47ROP>_F6;7ZV9M?TFB@S1/@0( C
M 69?$M! 0"/!O+K 5*9S_< "%SFCO<<[K/YML)9PID2DLB?#<#W5K\NL7HLX
M2_+@JH0FF*W!0(T!(R*0ZK,6<&JQA18=SAGL)HCXO@-R0B#-1T.(]+Y Y A$
M6B :!%:S;V&*R>Z;Q(Y)_)5):TP,)M68*$E"];GOE#A.B>646 )V'!N#4'+?
M)'5,4EL@"V?CI%8< #,PB6,!=U,@0LMRKYR25I/<"UHUP=Z:84Y!\?5\6IZA/IX_8 7>8?/Y!=FYZKEWIX*
M>4CK\_E$J2"REO!!;N127I[CI"8GH8:I'#-SG9B)H-WM=AROZ.(_4$L#!!0 
M   ( %2(I4A9X)23,6\  ,>J 0 4    >&PO(K$0 VK@!2;^U)C#\!6J7IJ7-N4JKIA&.9)SG?%A%?9D:2E*IGQC9\T5T4F1G;]\6W+_]4
MEMMHM\G^N$O/\]UF^\^_&G?'OXJ^K%>;\I]_=;O=WCW_]MMR<9NND[*3WZ4;
M^.4Z+];)%OXL;KXM[XHT69:W:;I=K[[M=[OC;]=)MOG5;_ZIS'[S3]O?O,@7
MNW6ZV4;)9AE=;+;9]B%ZM>$1LGP3G47E;5*DY3]]N_W-/WV+[_![@^A-OMG>
MEO#.,EW6?WV3%)UHT(NC?K@UH=[G-%S_%T27=A>C=;EMNX<+ V39VDG)L^@DRC;1Q]M\5\)X3?"G
M"W>/1FT'EI0EC/F\\7-2WM*M7N"'](^[['.R@N<;DUS>YL7V#."XAK5\3LOM
M.O04'!C2GS(JTD4*0UVMTCC:I-OZ K 6E;TT\#C? D;L?^9] =2OV#[$T=TJ$7J&F[[#W017^GV>+^^S5>->
MO-J.T
MU5'L.X+P;Q815EERE:VR+1Q] QL<^.Z2!X1=> ?)8E'L %W52/MAL>=!P/_/
M ! ZCC+=9'D1;?)M&CX4>'@+MZDV)-R3RS2-WL)KT3"\XI4[S;U+6:\S== +
M.]NB-DFO7WL5&>WS\BY9I/_\JSO$AN)S^JO?1(TKA.3A-E\MTZ+\1T*[[4,#
M!(#^URD)!X->!;X
M..R.?ID%QGCG[M+%-H/+UJ#=\^4R8UX3(24Y ]JY2.XRP,@ ON_6NQ41WV5Z
MG2VR!L[I1X0*Y6L \BT0)Y@=4*L,4%5^!7]'_EBN6"Q)EG_8M1#.3QN0P%9X
M:#1B!$_O(;-RSX]86OC-,H")X2?U/4-0'//F<=SM]'V"Q.$VW6; R9\A7D7?
MMLB1EUL8@22<_!H8\0;&R5#.R/?3K?)R;X
M>[=GY=7'#BX[^'AXS<%']RXX"'D'OA+A]^X.)2H &^# ITVR@\N:+I\I:<FUU89CG/2\*_@I]I" H%WEN0":Z;
M1$2V# 3.2C4-DG&9KE;P0!P!PTE1!,;;EBS7V89D;*0ES<4>)W>+Y
M72>9X!!N9.'9*7PLLZ7 )4P)\L8>FC(+',!UD:_MLS!HFPQ$$#F5D9XU3N-E
M7J39S0:F6O#B3Y&8/8MN0"MM@AW@9SJZ2,ELPG+/5;MN\
MJ3_"<=WB74M G$K@P)J7]? @1UW?\PJ/H<,)7^/]-[9"TJMCRGUMOZ7O LS.
MHA3A21LZL4"Z>'@"5U8(>( YGQ]DPH?.&8^D*BQ>$*.M'?0@6K-U)47K2E0Q
MIWP=.:4;W\(,1+O]MSWE[]*;;+-!$G8EL@C(FWNUY\8;3KL_].8K8*@T!1%:)3_?[0K\91MM+>)T43$D\
M(V.[A%E![KVRUC$D$FTI+U?Y_=-(X_G\\K?1R]?O?KR,7GYX]R9Z]_[BP_SC
MJ[??1_/SCZ]^>/7QU<5E\]HY(H884:3 T1<9*-4;RU/@6_Q,=IX=;@ )F>/I
M">I28:/ BQ3N%\C;1"QA=W?[;"A-\VD.VOV?W,L-ZT<#X=>@LQ46^M?9%\3I
MX)-MN-PF!]27 KM:9[OU 6I>?VN9E60CP=<6+<:+@V-83>":51DX_P4(EV%A
MJ5V:4]"C R)('&7>\=:Y,&O=Y)NS_8:TN=B ,BM\/>(XWAZ#AH@Z D67T=*$9@BHJT&NTV
M"TUF>&EIDRKA:3)0$:M0!"_3!>[I 9#M#M7D=BC?GJ[?SM^0&8H-$T78JBD'Y)BT56$GMCOI;?!?6&X&K]]6E?X\7U=;H@6N)T
M";3G1_R9#"V+8VW@+R[./US,+R\ ^2+:^_SM"_YP\?M/KWZ8O[YX^[&QX=8'
MS[Z[^/[5V[=X7.]>1D#C7[U[K9% AWZW:712W:Q?2V53:B8)K,1]O4[1? =E.-@\(P9WEDTQ2LC62
M$V&UE3MP;9=A2K\,U+CV^INBT[_\_)_W:?R7G_]O Y_R78$?(_BX*^TG-P!]
M 830Z"\C4/!W=_@+S 4_XAOGO'[X\EET"YJ7N4K3#3(6D!]@J5I&PS>*W4K,
M:$5ZLUN)$02.!N>ZY MK#6T7%EO)+%V27HE[N+PXI^E@QP;F0<8"I\>A]=2VEK,;45A-'"Z!IJ.2HMVE!UWF^17).'! DBAV TVSPD=7J
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MP#&;38H^QJ3(Z)(M0<$@, @=R#8I.:.XP'@
M2SN_/7B\(.O.%==0?#^I8&FV"B,,HCD0%Q1+"<']EY"*59NV0'C>U
M3GZ";8$'N;EZEQY]0QKYA0YG?91N#GSY6WOI_YMEVU(&"%GA"E5,8T
MZ GI]??J+'<:JS[BS&
MM8!,G#K=_P+6EC^D(%&0@OP=*IV2)E7YAS=.KP__1MM^FW=H.MJZN&OX$F!T $JB)=$6KF[VM*DT\'H;-!]]CRZS&#F[)JN&XY?EZY?I%=;XZQ]Z&OB:ZQ!U+(T
M.9(1@:DJQ\O6ISU8@G&A;*452*L/6XD"I_U=LCEZUEXL)GOC% ,XFXLO  T2
MLW *949]3OC\[ZN$!]1@VG7>7 0-RZ6&7K;,-F Z3]L!>4
M$O$LJU/3=.9#NE@!5<^NB8/RF;\OT$9!,605Y>1<1. [^IUXI27@7K0LW(#"
M<(7:H7^!Q5H\-6M%$19\IZ8AT0+E\-K*Y!+<']^BBA#J !K ZHL.XJC>Q1Y[@V+,=B(Y"! JW#9=J$54 %MMM9E-&1CH_8CI:-?R1W5B; X_<^;[-GN<%QN_DQ$M-
M"/\_H]Y5YGS3U@FH80V*Q29X%E),U9OHS>]U;A^X%B/2IH0!.BC06S?LTG=6
M1 J 07P7X:^T1FS8.Z Q@AH0D1>1MQA2\=8[B,))FAI96N9I2?JGB+5 ,3YG
M^:XDD4DH -FI1*$ B!DE\N0B$89,8U9]UF=HO$.CY0QCVC:0I*A.DDQH;6$ 
M50=7NJC55!A C;#@UQFH!=U0;4XT;;RDF;!LI5
MCWTC@H@'7[G6YJ0WG77Z^F(C/L0-ZR5K2Y^3;(6&_C,XZ3-$7J/LVYWH'2[V
MJ:^3DNJ43M9!R8"LSB^G(^8#WMSD>.'507L^ L-(#" ^RK<,5P#C_)02G!?)
MG=/$#,K]THI@E4Y?.PM)J!6^ZNT1\OVGBYN\-;;G!\]'F@"4D!D^[R-EJ!
M9,'TITW""5'C0B5I?,,Y!^<$Y*$W :6EE(+;OB&2^M'H@PH*0FFFQ
M\1;\'S"[)%O ?@N0$W&$Z/(!1*EU="H&_=_^,'\AWZ&V:0#IZ3)975)PP1F'
M;_.2KA_\<)LFJ^VMHT( :J FVYTW ZY3M-ZMD#1E"[(]P6*N=D!!2D*0&\JD
M60!V9'C;C)O48B7;3E  +MAC=K4#' &*%,.GK4)GMF ;L:G!"RN$, 85"K=E
M8N5LVQ6H:@CJ16;@\+^78,F6QCKW8%/82$
MH3F0]2V2@RJR<7_TC42E?V-Y]M8&5=-X1HUW;%2ZT5'IJV@
M<41:@B]5L@*+Z<=,;2I>%3X-]
M0P$%\(@"DVB,&V>\#0';\S\BM30"S)2O07U=6.^*F)YQUR*G)^Z^DK-&;?T.
M,QF%BE6Y*R@!Q0WRT.MKDV!DH?!-O\OD>HL)-XBZP+B8\]!!4IS+-9R<\$#V
M/*9?;I,=J=ZX>"#SUVFZ E4;1$\\X2O:(*V3:-3OXWC#D9D??1ECT/I:&I>8ISZ+8#Q)D<]NS>+NY-A
MU!O$O>',G$3#03SL3F"HP0R&FM0?UYL0UEHJCC ")D+$A"#MB%WLMF6
MC[-F_YAU>DY-TC3<.-B=C)4FQ2&=(2\DK GM9:RO^T4T+"HU[,A8*F%/QEEY
MRZ%!Q+F3+1YS2N:5] LP8KC:"8BXN--D(7Z-#5R:!;%)Q2Q=^)BEMX!>AU,D*^+75I.(
MY^;"6T:S[H]1-Q9S[Q#!2?5.[S>%2#^HT^0
M_$79%_Q<1I6)^W&O.^+_&QME!D)]?KV]QTO8T\].XLEL#/\?349FV(L'HUDT
M[,(_8UAL63ZOR> JUA+(5#R!S2'!&L7]T12(%ES&83SN]NWUG!K*%/V(XH(*
M'<.5C 9S]")ZXK$>YP??#[A1_G8[-.Y4J
M&\VF7?P/3G \B,?C*1*C7CP<#TUHM4%R+YK39ZLOI\LZQ1E..UUCZ4GX("B*
M1[Y''0/- 29%0><,-$*T\@*G_\SC$>$371D5C.4?=Z#+I*+EOD/?Q>UNF<3F
M55DDP.G)SHX)"\C$1&O0EA"*/47M0PA$MI5,(T-Z$>@R2PQ[_DS>!LP58M\J
M$((%722V%VG3!>!04A0HN<)TJZ.2EFURK28AYBM0SR?64:PXHE#@X<7<:X)$(D^2 "3N-=_Y##.;\>X,XL&
M7627)&4T;\(K@"8(L$+?!X1H#L=.>D[YUC@E\$7RCA;%I!)_>^?71T%;5EUR
M\;J%Q#",OT';J\%P):\&XQIH7XR@I/,"GB)\>23D I(&;NR0H (GUFIA@Z]P
M/[email protected]*BLH0H?<].0!)8 XN^
M8E:7K'-Q$(LY*;;D*8Y^^V/T/5D\54CC;X'5+7(&$_S^)@61MH@N=U= $^"9
M&(\";KK_GFDQ3L6_4)  YU=@Q);S3WY.8_/Z]7E<"6)DX\=]:M^G0T;=)"\9
MRJE5ABAG$>1SU)G<]JVF[05<9\* &X26^"+B#<6FW%W]@?PPN?,!8JB.6-5$
M"^M$'-Z+(SF/]91I!<$$T0HG3]D"#X?=",JL8!X^<_8!Z X#C?(N_'/G,NEAA);KSKB,KYWTU" @Y+I0K10D,(QI>(LR
ME)4[8R\@DQB*>U.1 F/T0J. O$E5&*/=L$6".YLGV7("QI] Y88//!7,-W7Z
M.F9_X5_APEO;+;J_K"MO(:$F&,V07ZVRF\2&]1N0'MF,M?-7I&,^@<:&JA4)
M*S$=KMW\GA5BP")%00!#(858RG*0B1LM^W!__2VLI9>+DL_Q]+@K1TDSQATGHD4@4. ;:G3?>]DX#/2-\6*:,-P"J
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M!K76LQ35;OOH5;[9E4$+2U^;3\B&I?2?IYG-W=I_%+#[<"R@LJ3<>C4@"3X8 U
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MX4$\G/6C47=D7C9_W(=KPW@X'""V]>)!-XAO+([email protected]@]GTJ(4M(R-EB
MX?&%EUHFUREYG0%4S27I6;]:"!#"4=K5"/]Q&@A,N8[B75#^0%6C9'ZG$+%/(@9F%MZ^N4VN\J HP-C
MN:&0A%U)H2[.>VI2]'86.7*Z;$$).^2V0\:VP= M+-J#T7:81YRLC!I=(BWY
M"$G0EP"TNB1N..GIE3;L."![+XR->*I>0"8R2%I,%43S<^ Y"8S' 1P[#-G8
M;=%AW0PQ(A,LO^8]0V)HNX_)D8.R1$9D8YFB_XEE6B1E1GLZB&N2*EQ=."TT
ML\D/K!C+01GGMMA1N@7IPX37_ J.K1Y'/"&7$D=85.E+F;J#N4IO$M+4K8%@
M(LS'D2 .4$'G7:2#Z5#"!-T*MO*!0==ZG#F]RDQN"5F-:Y0618##(E_N57)5WE>IGRW7=;R?Y1*/:W2>+4T+ ZGUZ$2
M\(Q$0_D"8J5G<"2JK+ L%6[NITU^#UO+BL5NC9%O"XPO>N$ILW@V@E",*_%U
MWK-.E(#]Z(/.J/7$KQ"!<2?PHP6QA[X5)3Y4%#DO2^SAF+:&@ U^"*F$9N'\
ML4?)9L\-B.X,!\FQ.B6BOI=ILJI9W8&<#CD9 ;5UABZ(_Z#C
M0T>_S4-0K.'U'9)3MA.:T'KP-S)5UG-2
M7;:11N=0SA'ECL%\?G+DPS:<@M+F3[J=D3<9^'0@L=]6E!Z_R')WQ6<#M*38
M&N);%!1A BL+LX:J3H6[-KSKK"ETX]5.=;"OWQ!'>/ 9NEHC1*MA$!MKEJU3
MFQBCCE=@0)[51LDZ?.P'>NR-?ZQ1DD0]]L(7*#B4"C%$ T%P?$-I?O/+\VC:
M[T9_^?G_M#U((HN:,JZ^*1E?R!Q!MH,;!D=/VCKNG%&9PMRQ98%/,S-BY^5T
MB#;!AX56O#P)C" %$2B=
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M-Q)A$:L\?EGIN/1UDU2=;N\Q0D%0,7;(A,"S
MAZK,!H>M'3FKC'PU,"2&H:
M7\V"K@.'7Y,<2@A,4H^M=E==B%&$TH9EN^B()5?S:&7!_,(')YUA%Y3H$P9)
MF'.+@_BRX9?Y_Y;^6IP7?&\X]D(JKT03AIN!H-5L")I(7WU +:+V9TLLHHW/
MPQ?D7Z.=F6V=(J+>=!:/)GW0;9Y%O1A.XNYT1C#L=S$ZMD>#J,][83@8=.4?#4/\4\&P-\7_/ SA&74BZAX/0AH>!XU9:3V(*N@DK_\_/]$;=>7?G2W
ME/ZJW\K'>4?]P<882*/.]>K! 8)%T%A%/H5I"Z8Q'6FW\QL\RF3'Y,E:YMJM
M;:-IR-S&#.IC9>--"6?OUOB-(VSH+*.[2 EM"S%MMI#H:%N(:=I"(FV?#!CO
MPV:;O+VC!4>+V;O-&DS)Y>UP^7 CL!S- >F\-=C"O'=6>:_CJ*IFE%V'CF#R
M^^.B=YQ>HK+2I3X)VK]\R*,NP'^,IF+=A@_F":Z5-O NJK:7)GQIYT;M
MO ;4\G#SH1!\CPE$\RS*[%^>!DS69L,WQ[.FIIG>/)8U!F$C^8##X796#UCT;9-R*A?;N=%>@8S/6Y,L&0_X5_#)$"DW1Y#R/73 
M/(Z4"^\NT>Z(+5>Y"&ZE1/55OF-/EK6N;I3EM28GDRD&;S^9@+PM9JV5WB#=N$0_F4HG@KGG37)HWG19<[RVC@-L5/ 6'\*Q5
M \:@;60/DH@G,*OGLF]J&HH5*(LJHX\[$QIX G\V]2^@P-<5EQ]7'R7SYB/
M>&(N-;)24G"GV_VV1!MU2G7+:]L;=$;?B!D$Z!-H1O/"&69(4U+V&I(5W^8;
M9^$S5-#>P%=GK'P2@DI:6UT9QOIO#9U=:E280"?8&^DVR]D3U4SLN)Z*C=Z 
ME%%S<=V9D4&GON+&G&4<9
M4X56ES /L%8%^P^X6T=5H[A-*"(45WDCKNHF&3,H7+V"4-M<50T[NT'CR!GW
MIO8^D4 9N; U/:9RS6(2T;.0MZ12 S-D3&*71,@.7UF #P4-+( *O7DK)-=;
M$;-BI#7O1,OASW# 6,
MWF"V!!>V2&ZHOBB].>#NOOWH= RO]&?Q#,11S,E@1QT#0_+OT3"!&=?*"(M_
M2M?9?5Z#*15QH)5-:&7L,@@;FI^WSG]"-F@Q68OA&BW1TLTV:+5N>^=O"-.F
ME?XQ8!V/QV[AISV E4!V-![OA6R?.DG3BZ=C?*L_I$(OK<#MQ=V^ B[_>0"X
MXVD\GO74^L:\/G8G_#WA^_+1^1*OBT-XVBG+\](]GGYAB-%LF(+
M(S8JFP6+8R120@VKH69?2.#XG"UW6+#1L\K*(K'!5;7O=665O!*KF..Y(LGW
M(2QTR$2*&SD76*D1K@DF]OR8FD8ML2I8J$X;D/(LQ[=]UBG).P_&U1Q]2D6I;@&]7&NG)5RR#$I15>"4] 9&*A$2[%);R
MLY*T2A*QULE/;,F#+_^P6]ZP1(A)"2(0QI&V"6*ZE_5>F__$)EB_KJ.Z^\B#\7$?]MLR_<]UKJ;[RB OL."9KC3O3$E9KP
M2HT=+A37@L"J*"Q5$QW^9:U81[M1'*GE*$SC!*S'):IACNV /PQF7>,:[[E"
M;[[-I/MJ;Y-@L7L,T44]GH02AG#.:5\^@$9]Q/%7#[4FE;HR:ZT65ZLT\LUE
M9.3951'2JL^4:5BLNNK&L2QJSF_M"X?;Y\YG.1K. NL]E13
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MF'2'C7ZD$UL76(!,N#D:EQ4ZB(6C'DY[[8%ZT
MQ $A@H[Z5 AP$(]'?4#03Z%8HM,19[/BAQEF4V,)"7AC,&-]< JW3HQ7OE<%
MWNAQ?V;_;=U6KS,YM"^@]%2M OZ)!ZB3VD][=M:?TH('_5[KKH9CK"**3PV!
M9$Q[?#]'L,'Y(7((_&->@R>*\LB#60X,(/RJ,3U?]<36#
MECOG,JH7:8JK5$A8IX[\JC\@.7Z%_M,&AYGZT6'*X4(GNGGM5]9N#X*B4V+5X"$-.H
M#^\?,#G$P$$\'$P,T08=!7G)
M=XAJ"&)I.4=U\)A@#UVB8R)@I"QBV^+VY,9HC69#Q*R/-HE!X2;E#0M.9BFU
MD'4,Y>H!^%"4N^.'KU1!P DOTC6?Q:37_?7)>L,!T S+3N+VFG\BE&W(4\H.
MY<8YT%) 3O_/5_9)6@E=(JI>+_WX5FHH^\K+K,!2__JARBAQ=)539865"I@P
MEQ?GR!\D1[VTN'DN-JVI-SP8#8N,;;B:U^6#K$LFV."9@#%4"'/GLH,;[\^-A%4@1V%L9->;ZH*+H4N'7'I_42!F/0IUH^VM>J6
MKK,PMI#)[Y]16I#8.6U?>;)*W=GN[;4<:PO&CGF_K]2ANW6$;LUK:=P#<7W_
M$E#KMD7U#:6*QDI^H=[(MM(AD(P]/9GPEIQ0O?7@X?N)K7J]<#W+B!($Y^80
M9D1 @'2W@V-C38O;I$A#BY#@&/\Z+3TK=>U+'U\A6=)B,*-_75D Y9%'.464
M>:JV)ZXP=9)D(R.AY6O90T5QT'@U2^YVM48@^9MR3
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MQ VD 9SCS@:-P;3:X:%>]8?5VE:1O"[X2 /**N.ME/JENJ360L2FR9W)[X.]50\(UY?\U#[I6GQBJ, Y^S E@T1$"F"%N2 (8U]?68IW?M(57UJC?8;38@C65%D5VE4II$MLHJ%6]
MX6$-EZRN34EH!W_['K.,PFXR5_=$[K:I3^93OTR;5,^=998XA-=R&321*:_R\I;
MW_;@2O8R[HQ5R>LVKQ2QY$$W5EG=:%IW\J_K-*=[@-80@7&%CLJ<3$8=I0I+
M1J"S']1@0H6-N?RPKT3C5A.N1M-8BO%+D>I'$Y&;V7@-8:
MM6NMA$6HJ9JFINJHXT%5U514U>@X5?41"@B1H";Y:FHAE6/X6VHA"H#_,[00
M=Y*M6@@\T:Z$5-A=4!$)BLU&5JC%YB@L-BM9O-_;K\AXK @J,I8W^-XFU?)G
MS__+:",Q/_3Y&4:\W --3R3 0NV1B\(M4TX2/:"D,%D]XK29_=E1I9(5J4:&
M6]]5P'%@4CKL'BW:$6FJA5%>[2BTBM%?RM=9 \U
M^;OK(OV>UT7Z<;>//9K^BV@CXX$7&=JU$;>!?=I(;S#9KXZHON9XX\A'^A'C
M4*1>(2HD]4:?/KV57<&6NB$AOU:U>"H(+Y8%7E>GK49$9:O^
M_+C_:[):2-S"U8-D8-@S:P3C<7Z_\<=&L9_+/.6F$Q*5JG,$M< B,KK4Y!7P
MH!")6,N%7:TP+7EC-+POW8CI9YC5TG#170$Q82Y'U$H7X<+?^6#JZ-../?=)
MM58^%I+#<4S%?^K*^["Q:)F1/L$=J#R*5:1V$Y+:F_-;%&QD*ZJ3;WTYER(/
MC5H^R"+LW'(B7Q;*KA>BVVV8XR(8:]@61_;NVZ.**9C.1;!C6=^Z ]8'K:2N
MHY)[J!:Y8B@NJFWS&M#J2F>E]*3V"4;,'*&+] FF?ODHG10T2>[4N$NI/;HLSMP<3
M%*GD;WIK00A/CL.!O>@D@5"-&"'JWB?RUS]*DE7]&8GQ.! J-.U$>K"__/P?
M,AQZV&TY:E&GAX0P;)<"ZGJ;KK#YQHWD/1,_D,@'4W<;D@_P\FP@A<;WOV;%;))JB=W64/^6$1V\2 G:?6W4%(82)BT5
MT(;1SPDHD[M2[Q'6A@'TY#"OX4_ MBC5H+FXN5QY%\[:ECU!G@H) (5SZ ^G
M\732EPV9T(:0\Q6?)?735P9W>ZHLC+%7LM%5G11?WL.U9O=636T[@6M+/02=
M=[MS=*E=;3GOP9?=0<_L 90S*& . *6\7W-5Z6S!M0;@(4-=:2I@*_V5ER+R
MJ:/)5 *_5@_2B ",_9>+18;*A"OYF)6VTO&QFZRX!RJ]^U!OBX?]V3[<=%NV
M:T&4$4GTSGEPS\#FF+/D#C]->HRCGK%JBF8]H/]TI1MQG#Z$
M$P;73T8?Q%9,U=1C[C5YQGJ;*X=Q@);/.E';0LR/GM/S&K*UX><83]>#P:8 3<<&8^M$7G8\K&#%7_*36,
MCP>4$3J*9Q,5/KI-OH"8LDFO*7-GZ_J>B,[7=A;&G844ZU6:A2U8NY ^R]90
M0T&0IE+EQ"0'+(O.^KRM?26QCW]KU;E6I(.+:1U"2
M5V8Y*E)V; "# R[U(7#$-W7['JTC*D!I34*'*0FX:%-R\,X'-^$"LT3-YP62DQUCW!:@G\,G =,;?HF8'J?_&%\)&@;]'AN\J+0A;UN2!B#-WOY VAY@]
MDV_. (:+'54\6F:%M%'A'$1NWH,'L%MM$[8Y%/GNYM9)C$[L('G#Z-GX'A6!ER+:7P%/Z%H">JEW6!#,C* N/%JMQV/'WMDL)>B]J._3=;PUG:_5(,B.2LLGHF+ :ZM
MBAYQ:DSL\4C&K?YM1^6+[X1DTM[XIMVA1R%CO)5TF],%]N^1?.G(M:-%?09S
M$/^3#E*".X1W.6R+/4:*M=$A7 >S7R3X913-R4T:O4E32XNUUAO=8B5X^^>)'D
MJ;J%8=;K80:B!2?W5[9Z7#5_3,?[R,@=K$]5 E616T.TM1IE9[%WDV,[-[\,
M3@>E0W:K1DSB;'916>>;A\H2Y&V_$O4TCVDMJ5P)0;OQ_=42NF)MJ];ZO***
M##BRPY\'0P>94M[$\8Y+D_'EB/$EUC"0N1X8ZY%
MW!:8P!$CWFM-8IAU76H9B?!+BDB+A+37#>A0W N[6%N!%]6Q>U,R&&(:%P(#
MHH EEQ(I\X_"-)P ,/H-M=- NY".+"%Y=K:@J+ 
M@H2>>',%N\@12'1%#*Z3L=971""9U9TAZ$%9P;YN3^!\B3DO )%X6]L0X\[NN+_\1O;I(J;:=QHH.IXJ!(,'5:>R38!4>;/S
M=ZMD\=/9Y0(P$4DT#U"IJ%W1U777'IP$#B,K;U/ICH7_R];IGMIFH9HN=:-0
M;SC#ZCKT&]4SJZ@2L?(5887Q5ZJVH0;B;P$:L*G4BI,!=S2A">?SJQ+<5H1,8(ZB=>WN5<
M@._9DM<5K4<^QO'VQZ/&9R,A?1;6:KN\4P4T"U9DPMX^L()T^EHEB4/1&W6@PZ QG
MQBYEJ6M+7*?4\/.TAXGFHUZG/X7G[C!=VSU5F[8&P?ZH%PUFG?$@FG0HS78P
MZ-NI$@E&J[TRZT><@]?O3";R!MXQ;T2L20-E8)!-[CO+&JYV:/OWZ=XJ7B[*
M-F?PQ1G@%1 F0=@*#T/7O5KW&DNX @EB][>*YJB0<5,5L+#Z'=W>M_/+%_/?
MVY(TJ:M_>99(,4U+TR0V)-E:@P3@I+2RRCFTN2H8X;0-"W'@YNQ/A2='MBM?
M6(LLZ79ZQL6$5DLLG6.P@R;I7T-#+LK7,B$!O3
M5W(\J'98SLE9UD+62!?ZJOH-\MW@)G**U*$V*!PM]_W4D G8C&7^N)#GK[@'
MHTQ.9IRDB0T">XI!G3)KZG#G3-8D6;[Y1#WO+[CW84#+C%#]_7#YB8+J51!"
M8I1KI2$6HY=E3QPFC%>:XZ6.J"EUF*K4(::L@,Q1\.A9(YC(*.79&E(QFKS(
M$F;\N$CI+]9X4B1R8]]PDVA?)E;56=RFI79".9,';"M+/[O(\SN,#725O9RK
MJI%^J*OB6#XH?=[%AE@=UU<+=7Y-UPP;+X9J1YR3](QU.8(CB6BU4(VDM/E!
M@ATJG3E E@)\/YP.&QMJ9F^4.LV*&9_7Y&/QF.
M@3C-L'Y5?Q /^^/]//M)++MLY;-1@,\:SV>;S-HS?D(%Q>B#K*37Z\>C?M_J
M2?5W2*C42FLKF7&$*4I4@(*AC1[@ZS2I\):C:\U7>&B-#0Y]L@]SUDEG%H4Y
M>YN2 VL2CR'U"6X'D&G59ZT>Q)2ZP?K8 (M/ZD;!E7!>.ABK6SSM9$Y0!IYP
ML>;IK#,:U(I'AG#B7C)^:K+%2*7J'"-<1&'IP9TLR!?[I(]?5KSH=[HB7C3\
MVK &+ H;O8Q(R;U=_Z6_1!TNCN)1R73.2*A?<-8B[YL5NA XRP\8=##5U4!
M5V-*14K:'M,OLA6M(;!2L1IQ7@KU#]Z[([O@)8Y(S2PH*JT,>U:B6I,R;Y8N
MB)T_B#N5X]CB_4W%6L8RV?69UYSM2(EKUNG">58/;M61;D/+!=EUV5!2S'T5
M3^ER <"T[\.)^O!H."SVPXE'S0WB8M>Y0GAH(48W82,C0/I%G(?6^;>E\%?R
M*5+4-I?A=(9<@UT+?)67PAL,S
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M97J74@(L O Z^9P7W.'$5D6M* $^-01TGB$K*ZG>D_V
M1<:UF]LW_C90'%"*#*/7_8:M";0HPUCARY.#4%HG9DCI,]7'Q77>P?XWTJ9M ^EO'17A@R<\]28K0"_1VVZQPL+U_,8RFC1K[_O@2ZJT142O5C
M@X-D]J%+#(6K)&^
MP2IN\D+:YDGX>[)<%E2P%5OJ4F[.DH@T(@_H)!A;1"%+1)^%H,?&=\"2'U;)
M58JAA[^.3ON-<;*UA)63/0KS'%FV9-\8I;W2GWP :,T[G[^?HSGOU^9T\,R%
M'/F.5A6C$]3U)T4!N\^OM?4*5X(F:44R[0DFDF[!H
MBGW9/D0E%3R63)H:E'U5+JXM3\GV/ +0N;O;!Y"$LX3;$-S!2APF^1?9GHEK
ML1JEL$(J^^4,^@A1+D7-.:&<*EJZ$M.UA;&+4PI:2!W:Z^P:VP=4,H%+#AKD
MJ"6;39=MA8<2>]IR<7MKI:L>"X(6 U;\'6%'IGC^#"[;VB=!H 6"M;OC/NK1
M)48><="^.,#14O0(
M>G/4'AY@[:"H/Z>$$S-"U>'NXM:T)W*;)NN2K-1
MX&,\UN8FN4FYXG^!Z[8V%M"#MT0ML7$27] 2BYY2]05LL5"Z*N*8O;64X!,0
MI('CE!3"<9]6H@YL#P)JY5G;7(S)7AF%_Y4D!-O4%?1N;U*QZ0(-,BJ;29)?
M51<\DAEH")>*]SE? 5]!JF0)/6 94/>2^U]M4A1U\&=UDU'NB")(C&R"<[/BCE1
M!HNQ&]3P,YL!5.MWY?+0.*;:+@2@]$8RTO&ZX]0D;[+Y5T9V)(6R\E8I; 2]
MWB7W?:[NR>@]27)HY(?5X4^.87%   KO:!8QU7@ 7!D.3/D6%O)>Y*_4F_1A
M])7ZCI0*38YPPCL7QXE90W!>16F3X&P=7R!'NY9L68Y7%IX@RJZ
ML%V#,6?[C"-WJ$]$=)F[U"H]LI'@"K^*TM=I:?B%G(/=87PUSM#%ZF;75HOU
M1P!WR38)H0.2&R+U$Q+;D(%5SVV1KV*V25RKE*U25\KLF)>-&A_WMB6'4A6T
MU^6LI-Q(Y*K4"3"0$^5S)]@K0,K%N0SE?4$FD) 4&$T675"C1&4IP!Q3LA9@
M*]#=H6CF*!S-K*L=2QDZ&_O $+D5CLPW! M+FW'.)&#!RE]EM=2ZN*/^R*K 06QQ$D1@)QL@TZEC88
MJL>%@[_(/7I@L,.C>(J
M8+^C^XJ>5]NFHYW&W4?7J_Z5*MH#C&_ JJ-M/N ;=W X5KV.@I$JCASC1[U)
MRNV93I?T)(!PA9M3.W+ EZSQDJ>8Q-C9@. '0HZ6B1!E>?O&@.*3F-=PO
MFRRG^PS-'7=I,A?"GI6\*"'-%#GH>ECD7/":(NK1W6N%'GLELF+)6<*IX_$R
M'A,0WX>+>T3]A#9;>!0_Z8 "+&C%6.9QB"B1%WOJ++FY"RJ7ZGO2HU6:K!I>I\2+D)4.%R-.UGZP3*3O2=-^77HAZD][.Z ES= 3OAE3EVR'D0;*'>U9:DVL0[3%LT
MB2K\TL*C]Y,M\D)YLEPJ[$5;20=PT2KH88'&AN=O0''XS)+"RKWB &\JH[HS
ME27#7F!I!3):H.N5@E2<;84Z+ES^E/@$L'JJKUVK7:3;6(OW!2,S7/-OD-JNX<\2[)UL3F$BL:H$E/0N_0G(9=96P2!3KT\5ZCA):C
M'X0Q68IVHJS+\K%3&] XGN)N;2-U[ASA@60Y7PP'"CB[) 6MD%J-C7[?JB9#
MOZ_IT^6V SP'KMA']!!*(8;G#H'ZIE<_YH7Y)._2F^3
M%=7?%-]:*3GY(]
M:QIU>Z6C>$][IU3,Q
MQIXFSRSS4HV278'/.1]9;S884LTCMOA<@_+(S /$+]1 4:[3PC@V>0]V-M1K
MIEQK:ZVR]5[8$HI'10:BBDDFK@>1V0-_ _J^D?9CM@)+M:X#QA8A-=USG*[K
MBT^2)^L%^K70^XNB76#?FM01(5Z*HR3316O\AB5>!X1[H."Q!':E/Y6ZW^$R
M6251ZK\8L?PQ(F:EE(]>6^YS=Y("A)7J1TVN,
M!@=]%NNE)-0T=6M).!V;YSVV] 2.!L)3Z30A].S1'D'$]T(S4F5::%8A/*UL)BB@X)M$XS5N4N+L\P_ 9+];@J5IW1!91\//G#083&H9#_Q2]YXZ5K3J$)%W"_#4"(U^LZRZP<"
MK6P=L:*Q\_+62NP^L,CX=7V]\:+AUN*VU("K[UG,8+9Y^EX:SS^K/_^Q/OEN
MD^R6&1N:4!A8/\J6@M#8GV^,CIC[- 8&A3P+& Y^Q'3)76D_N0'H"^%N?M3O
M 4_N\!=Q'@J;)^H%3)[RI,A !)(6Z SILE$3G4P#(>M+C9?A$XZ?D=^.6ZC@
M'BXOSEVC)!_*0+D1?&P>BY3T%V@FPZLQ#9N))5Q:=N0"#?D6XTD4 E9AT
M3O%"/L<_F+OO#J42&6[J92:E3!V>DX]7QUB"N[:H!\H7IU[DW\_G[QTH.++'
MXQ!*0>P,XE*80C:M1J16*J9;V5%D*]8&M^W\42!IN#5PX!.G4 ?/ H4U?443
M6T;^#U*[A4GP&R><$WM\X7KI$-#F@-L/NEG.74]D?.:#EXO?.;G8U,IJ
M9:7$O'A!1&YBZ^(YKH@4!7)9>MBC)"?9X[661KWNV;^XB)AKV L\@@8,B=1N
MA$,SP]CJXB[AFOC,%ZRGM6>[7,[2$Z>6);0U
ML6-S3U+>FFO*>+MN#3QH1+ES\0QCG4O4"WRSI,J$GYV89A4?MINXH%*KP')1
M+F-#1PLWOSUXO'+UHQHWB+LJ'7LAXDF#Q9/EK.!BK\KS?RQ9-T%@AK7
MR$ DC1O%K!5^J5['I2),^@0#/B/;*NK_9=/+*EDWV
M>KFG8Z$AH^]R^(?H/4JGK%ISPDKP\4_DG:?GYY)0A5.==6V-\_;78EWN17%(3ASZC?'YWU
M<8'ZC'C$R(U8/3"042Y6&3D7;4@+[(4LB7"6U:EINOI=_Y!6Z^.RO(^!QICQ
M5)GL*UXUYRZ'#G\G5F6)H9?L"C>@\#OGQ%L\^'JJ"^GN(QSP3DUC[?E%;64E
M]7;>Y,H&6:'+85NC3>#GB8*)NQ0X;!D5:OP8 ),NE<"-&EU>/)@[T9J\,1?]
M^"K1ZQ"I:A6SS<;0KJ8#PAFJ/IB!P4 8_?:E3"=T4'--3,4>0-7V3WTO+
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M(OB7(#-@/!'ZC(YXQ+CO"O>=O3A4Y!S*.L8V^K:2C*OK(_H\R+U4N!Q^N$V3E8H?HN2C;+OSFELU
MH<-G9>0%&^8X[W%1P&/;:IZ&P)H-!0$?7@R?MLK$P48'8SVQ6.0-?6)89D]\
MD8304CB;>T_L[DC!ENGI9G3,.XK0M\?.,0L^1T&2K4IT&Z$54WJ_J6A_8Z/]
MA1@%$D\:>2 V4$7E=OS(\8K(&%S4/$^VL>:>"GH(B3(NC9CN3H6>]D??T)R]
MR3=6N^0T7#N>4>.%T\8;5H%:!FDTU\D.8B+GGA!J;&JLH:A^J>KJ)X&J8^&I
M3;-$ B(\7PVB!R7\V2B>TR!_D08P?<&5,:I(NO0$]"BFT&
MQ*TAC(Y@39'[JK>)%!KT\0GY/4=H[)ANW.E4&*D7BW;$@N@111(3#W;U-J\>
M7.P',AYTM& )3.ID .<&FX2_Z;Y1Q'"&W39LOT2G/(> +<@CRC?%9[F<$E5N
MRCMSF(PF[KZ2?4UM';;6R[-68V_2F5U&_+_-CZY5:.)N4P AUELK*,?/2\/:7IN_0FVY!_U,HD
M)]%X,J;_]PQJID694,4IFRM]VAL-HV?1:7\<&1")0!;Z$"D"E\[M+"9:?Z.P7 GLSXUPN(T]%"9FSJ+?"6"']F0-NGV
MT._D%/4]D#+_,Z&@3BSS661U:3)\_A^2>Q?X!X=$.6!=_##! F+FQ[SX"7M[
MD#,39*]9W!\.HFD\'4W-2ZR[C>D"-SF*^G,D4*])IB05I1^0U&CH'X]%"=
MWO0Z(SSRB10D.L'0G]$(,;/?BR?3D2$K'-:1K.;[#/ M&U0).#_K]A#S9SWS
MCJ+\]0ZO=\4F<\T^K[,OG MOU=//3N+); S_'TU&
M9MB+!Z-9-.S"/V-8+*:S 3'>K:6/US)5=5J!+,83V!P2R%'<'TV!2,)M'L;C
M;M_>[VD=PI3^^A&EE5<4>>^2<-Z1-#E)+YG73A#*W%.E188 +CR6?JFY
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MG8D[OSZ*#; JGNON9?N+CJDGLZ&>S*J%?&] ^U+-W+$V",;@T4C(222I$,8%Q;NC_NZ<4I"I=2:WX[(Q
M=GSM8TN>XNBW/T;?KT#QT)$SOP5VN<@93/#[&V[8=+F[ IH S\1X%'#3_?=,
MBW$J_H7<:E*\^4/J[?"?T]B\?GT>5V)E)$ XM>_3(:,^1:%+6V<'2PPU@@&=
M8E'OJ,F%"ESA'VMV26U]:]Y0K,N!65NWK8SE-<=.=.%ZS3D?SY1I!<%$I:Z6A5*A)Y,E H[R+,MJY&G,P0LMU9US&UTYZ:I!%
MX=W[5.0:(YQ1#K/";UQ) N*V[,JW-D9OBPGUJ;=PX'CW_'-6J@BKV@D8?P*5
M&S[P5##?U.GKF.WB?X4+'_WH=OZ*2-\.
MVW-O%0>Z!GA@^]J* T)C'M 4KZR
MY1%GP;;7+"BAWM,"J+L\A^J L@GR$YLJ RZS4#-HL@*JX6\3]E10U2MOXCO>
M HGY(X!MH 7!/+)B"C!"JQP'NW+ *"X0
MQ!8!+,OC;[&RZ$NJ--FV,(44U] 48)&8PW.#8#Y^5ABIA6C[ICY-;UI(?DA232NX,EH0L
MK^V)&/*+HDW;^D@"M7[V!,U_9["789H!X5^6JE0&O; (J\ $M1'0MD$TCGO J>V/CA7Y$"ZX$]-Q- 0R-O'+*_+K
ME/):,%\FI:>Z0'#Z\1CHJWVJ:.ONRUL 8CP<(GT$"JM>H0I+G%#JG@/:V(.+
MZX?^8?X1ONG!^]@I>&JJL'$!]Z-X #H3T,#^&'!B,(I'U"MG"%N?S@X*6V3M
ML,J0PXR&VO1H :NI )A'))D\4:9",./6/800=+E:C16P!I->A&S2[9S!0.5I
MD @TF_F>CF8DDHU'(^QMT)"_"-%P[FFO(8.%3[WB//UE3KYR,?Z&)T^W#^\I
MX-RT-G_2Y>2GE2&V61JU[1P@:3$:J&^( 
M(58@7"?ZT]YD!L(D$O>OU,F8! 3&G @XCO< /0-
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MU"Q[-(CZO!>&@T%7_M$PQ#\5#'M3_,_#$#X'8 CT5ZBPAR'^A4M#$K.P&U::XC\MN Z_ (VCBQ9Q/>AU#&%P/;Q_C3ZOI1)=I(SH^:'.KTMOV
M$GDEX(/K[W'U8%$'-,"[W5>:YCQ)PYJ=9AF<)Z-YXD,EW%SIHB.8K-_L4?R5
ML<)5!VQEC:-IB#<277@"1#P6_E<#@2_+%A)L@EEGS_VE.N;(\9YYL:7+5M'F
M@0-W:9PWD-DG'#9?Z@N\U!S7^%_MS%=UJE,Y>K,7W?WFCA10LO/*I15 @RKD?<'_7LE5(C6(B+8K48
M#NQGHGH_5,"3^AEA@4&\!22EV#"7JE%&O>-P=%IPXF!VK6K5/FMECAA8>V6]5;;I%=6G7:<< H@.
M?5\VE21.6%V_B^H$_#LP+RRKHB"#WJ33_89^&\*'RO#(";D^$N++"'[U=,(.
MHG/=HNK(P\Z4!I[ OTW&'!S@V=;O?;
M$J,14ZH_4]O>H#/ZIM&?2-M'CW"%S1V71_+#RDZ%0.TQ98NS4=Y?V/>;BHL2
MNR3GBG(;J>\4#TG_-V[9YI,;0W_T?2MI6UR>
MZ7N:XS6-KW;9D$7KN5,MXB>R9P$J&U]!2[5R(
M?WZD7+!RG[(S);\-K6Q"*V--)RP?/V^=_X1$9Y&T1=Y& 9I7$#:KM[WS-X1I
M4[EX#%C'X[%;^&FOV[60'8W'>R';'R%DZ<73,;[5'Y(SLA6XO;C;5\#E/P\ 
M%[2=\:RGUC?F];$6]'>$;YUB?)_G2TS2G5XX88/7%!/NO]A=-1B
M&PU1W1U/0K90G'/:EP_]P3&P4,SE,!:$77L5L-28C?/PMSE-Q'YF4Z,YP"G0
M\EJ*J$N50^.;Q$F/&IS2%;JTE65="6BN&"SU$C!ETE0<6D?DZ!HVD=>>:A*R
M>E]$5WU=HLA456IR,TZ[7??AH#>O-@?JH" QB+,O &6!UL*';AL?\3_-[T)-H]#!^=@.),X@;F*$Q Q
MAZ'^EY__3V37SJ(N],NQ2#$D]& 0Q! E9\0
MR.#'9NB-BP&)*L$>7%SH .QVM@Q[X^@X',>)=]QR@"H5 'W $SQ;@>IH6"/A
M4OU;;J'BEK/CY:QH.5J4LZ<'Y(Z+^.\!8;0'A&,*,QGS(/6]876D8UB$[AFN
MC7[X?B.L\\B\>FE85.G(JZUN)!L$8YV.O0N!4'4$#ND$;?8]=O93J !U41Q.
M>NZ#>=%BV$.,'/4I*F80CT?8'Q*AY0][,-#5 +L0M_$'WZWJ$$:V
M]W)LDS!B%XIO NV]ZSV7"5.I,7M+0T]NYEO//0[WZZ4(==%N05J@0#+\=VJ%
M?]5R6   ( 3H]#DNH_Y0&V![XSZ(SMC=#9MR>*G9WKMN>MU$-
M#!?U!;Q:7QQ3"/_]T(JXV0R-R4,(9%G8O
M[W*V_#Q[;JRMS=2-;DI-?DO1[VC+L[]]2-?<>A/;Y *I+;.%L>=J6V.;J)^9S+A-_9@Z(?+3_]X+!["LV6+!J"PK*D[5K"L
M5\[22VEUY3:_,TB@PRGP!60S%B4P^81Z 6^HOKMF?LD]57J=S2;1=#)KF,!=
M3O E-["/H^]]E_(YUCGA_FO)'V *7?(UC RVY_FE[7FN1GLMXD#;._]S^Z0?
MUP'A+)K[W-)*ELZ+%'CBZAD\\>GR171Z@O9*H"EO./*XBU"@G8X=C_[M#9&LQCBATJV5LCB;?!,U:G0VPOY=OZ9'
M'\E'"^KV,=O;B9Q32T#R0F'*Q6? 1QOFGK5[=MJSJPZNOB'TIE>=J"M$6O95
M?^9WNU7'L8J69]XMMNZ907 @E6QCLFFB470/N[92EIZ_95Q:$OSO?4"
M]B1N-VY9OMF5OB"8[0UR5-)"2#/UB8R5E%9?6*:!3QRLZX.A'_&NBQ<^EWH1
M[?13I% ));'U%!O@H5]7;?'IULD.XJ"$0B";),M? S^[_>Y9MY&3$*H2U+9H
M1>0T0+%T0BD%S0.7LSWAQLX3_3E8K*AU&XUG^KY;%G)
M?WYI\Y_;!G[T $>_L)CQZQIUY0-C@PYH'%'TD%P]G*
MCR9\.EQ5#[2/I@4RN=L?40)_8^YZ/G=8=T[:BV768X1^T;.L9WZ'#M>:JM0)
MQP=.O):=_2@13^=4OVBD9K=AU)%#?M5*&MG=?Q7T;H+D?8(VD=MTBZ5OGK5:
M"!ZUEV5 2R/S 9RT^8=_P+,.6B!Z\FM#*SARSZV9[8^_UMJJT$@9>,^UO/@X
M)<%U7[O88Y/;-MS]P?J''53'1O764]U[WMP?WI[GO>JF>\MSWZP_QC
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M%G97BZ-N&U\=X!&/U$#X5\S@S><("'YMU^A7K5'S@$5OXA1(U]ZU[+],]B;Z-
MKK?_W_^[AS94F ]0>S2)]XFK61OW:SGL#L/U&5B.I:
M*K8..NQ, _[;X$S-[3QJIDEHI@9-:GN[DB;;L.=V1H\8^K$+#^3P!LE(K\T6
MH0TFCPZE"*D%?D ?I;;/X##R+^PS-\X_PP*0
M4T[G?1;EFTK"X)^CDW8'9M*<7;^+;G(IQ[$#KB/Q;FBEM&P!&T-AU>A-!#(W
M-EJ1Z,D_1^W;]]-C&?#/V1(U3%4]LO3[AP6HU.7J]'^.V@&A$DXK]MP6;%.E
M/&U1>TX;7Z;EHLBXY#Q'6WKX<4T0
M>4R:^1/L [email protected]/8IQ-SYO#!ISBSN#&A"P'QNW@DL-'S[O*,*5:ME>@<
M'(@2D+_W"D^CY!LV\D A^1!-SBN_IKGDK+DT]0B#.,
M^3W#/,]E8+Q]_+DE6[?=3WKX44GF;+>#[$N(;=IV)=OSH\_V_,#9GH?]Q(&C
M^%O1ED!?'!6>T>.L#\O\3#K,EF38@\C]A\+94W5\<&K]4B#6QT.H=
MWI,M_/CQ*]'##8E4APTW ?+@A;Z@Q(_I@_!C(_&45OK*I9DB_A'^_I="O#7X@D)T =.(HA+7XU@3YFY>9Z/2?I^
MLDK4R*?>ATR\ Q<0+_[B8-,2VM?^X_'1]_M\/!)F <^L
MLS/L0(>]FX&34&RTTCT:U=;F.([&+*D:>L[9T%]X%!";%N)#1JU+/R
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M2DVOG5NK+6^JM0K)6?2X<%57ZENWGU$.GG)%XHFF,.=UQ]
MC:RW^YT+1Y9"::((US7Y('5-6B%L:YQ\KVJO*I5]H0.RFOB'@4FD!2IT)[KU"VA2%H<4T[X>F=2UI@]5G5+VPI@"V*,CW
M"*#=U(4LYS&K;+$A2>U6*['(\H+W18H1UE&7>0*C=#BV>PY#IR52S,OLOKJ(
M"'1A/H .&-=A-ECJ2,D]"]\A9:^)(Y]*VU+F5C;1O#-2GR?@;^(Z
M/8%;AD;AO:N1S-N6I:B23(<>;52<=\5CWH>4M,;C/C>]7O3J(-H7[E7=IGX%
MK\;[[IYK:.J(PSA('!XU7^I/K(7(>&(T"4X7HM!!K[9_L$8G]NYZSUM[UG[<
M-61RIR[;D63@6"'77[3PP/7GZY6M6KA#KVEKS\!5:\3W"W;45L3!(V]!?;O$Z'EC@[!:Q@[5DH"S3%,BQELN2[@0RPL7=&DO)%$M
M-K,6)GZG*V0U[D@P;O7)4#BF@M?CM5_1)<6F=/&%ZFFMU,2X& J*83_]$<[Y
M:BFO5M^U5.AJC\*JE/:Z:)3VVJ&PO7W)E;',O=V]R:V)O;VLN>&UL+G)E;'-02P$"% ,4
M    " !3B*5(]1BC^WH#  "U$   $               @ &]!0  9&]C4')O
M<',O87!P+GAM;%!+ 0(4 Q0    ( %.(I4@I;0E0/P$  &D#   1        
M      "  64)  !D;V-0&UL4$L! A0#%     @ 5(BE2-*:X?%3 @  ;@L   T              ( !
M%!$  'AL+W-T>6QE&PO=V]R:V)O;VLN>&UL4$L! A0#%     @ 
M5(BE2'>9JSA/ @  ] <  !@              ( !T!@  'AL+W=O&PO=V]R
M:W-H965T&UL4$L! A0#%     @ 5(BE2-JH/<%* P  ?PT 
M !@              ( !_"$  'AL+W=O&PO=V]R:W-H965T&UL4$L! A0#%     @ 5(BE2!9-Z@&/ 0  H0,  !@              ( !
ME"H  'AL+W=O&PO=V]R:W-H965T&UL4$L! A0#%     @ 
M5(BE2#E2GDF@ 0  L0,  !D              ( !WC(  'AL+W=O&PO=V]R:W-H965T&UL4$L! A0#%     @ 5(BE2*#62=.? 0  L0,  !D         
M     ( !Y#T  'AL+W=O&PO=V]R:W-H
M965T&UL4$L!
M A0#%     @ 5(BE2!0%1-V? 0  L0,  !D              ( !9D,  'AL
M+W=O&PO=V]R:W-H965T&UL4$L! A0#%     @ 5(BE
M2-KC!00; @  2P<  !D              ( !ZT@  'AL+W=O&PO=V]R:W-H965T&UL4$L! A0#%     @ 5(BE2)3V+]6C 0  L0, 
M !D              ( !C$\  'AL+W=O&PO=V]R:W-H965T&UL4$L! A0#%     @ 5(BE2$@4(DZ_ 0  >P0  !D             
M ( !354  'AL+W=O&PO=V]R:W-H965T
M&UL4$L! A0#
M%     @ 5(BE2#VX.YC" 0  NP0  !D              ( !^5H  'AL+W=O
M
M!   &0              @ 'R7   >&PO=V]R:W-H965T
M  !X;"]W;W)K&UL4$L! A0#%     @ 5(BE2,GN
M<>H( @  V04  !D              ( !=&(  'AL+W=O&PO=V]R:W-H965T&UL4$L! A0#%     @ 5(BE2.7#;?4B @  \08  !D 
M             ( !:6H  'AL+W=O&PO
M=V]R:W-H965T&UL4$L! A0#%     @ 5(BE2/)SHI"C @  X0D  !D              ( !
M_'   'AL+W=O&PO=V]R:W-H965T&UL4$L! A0#%   
M  @ 5(BE2#H^VH0B @  !0<  !D              ( !:'@  'AL+W=O@  >&PO=V]R:W-H965TY\  !X
M;"]W;W)K&UL4$L! A0#%     @ 5(BE2(O/&W0Q
M @  ,@<  !D              ( !98   'AL+W=O&PO=V]R:W-H965T&UL4$L! A0#%     @ 5(BE2*2L3(6E @  Q0L  !D     
M         ( !!H<  'AL+W=O&PO=V]R
M:W-H965T&UL
M4$L! A0#%     @ 5(BE2'VG_9$< @  908  !D              ( !IH\ 
M 'AL+W=O&PO=V]R:W-H965T&UL4$L! A0#%     @ 
M5(BE2&V<=>;D 0  Q@4  !D              ( !@I8  'AL+W=O&PO=V]R:W-H965T&UL4$L! A0#%     @ 5(BE2!O:0Z=! @  00<  !D         
M     ( !>J<  'AL+W=O&PO=V]R:W-H
M965T&UL4$L!
M A0#%     @ 5(BE2 >AE+?L @  &@P  !D              ( !*K   'AL
M+W=O&PO=V]R:W-H965T&UL4$L! A0#%     @ 5(BE
M2(CME&;F 0  + 4  !D              ( ! ;@  'AL+W=O3&.4$"  ![!P  &0      
M        @ $>N@  >&PO=V]R:W-H965T]T2[0 (  *X'   9              "  9:\  !X;"]W;W)K
M&UL4$L! A0#%     @ 5(BE2%G@E),Q;P  QZH!
M !0              ( !#;\  'AL+W-H87)E9%-T&UL4$L%!@  
0  !. $X 5!4  ' N 0    $!
 
end

/**
 * Rivet Software Inc.
 *
 * @copyright Copyright (c) 2006-2011 Rivet Software, Inc. All rights reserved.
 * Version 2.4.0.3
 *
 */

var Show = {};
Show.LastAR = null,

Show.hideAR = function(){	
	Show.LastAR.style.display = 'none';
};

Show.showAR = function ( link, id, win ){
	if( Show.LastAR ){
		Show.hideAR();
	}
		
	var ref = link;
	do {
		ref = ref.nextSibling;
	} while (ref && ref.nodeName != 'TABLE');

	if (!ref || ref.nodeName != 'TABLE') {
		var tmp = win ?
			win.document.getElementById(id) :
			document.getElementById(id);

		if( tmp ){
			ref = tmp.cloneNode(true);
			ref.id = '';
			link.parentNode.appendChild(ref);
		}
	}

	if( ref ){
		ref.style.display = 'block';
		Show.LastAR = ref;
	}
};
	
Show.toggleNext = function( link ){
	var ref = link;
	
	do{
		ref = ref.nextSibling;	
	}while( ref.nodeName != 'DIV' );

	if( ref.style &&
		ref.style.display &&
		ref.style.display == 'none' ){
		ref.style.display = 'block';

		if( link.textContent ){
			link.textContent = link.textContent.replace( '+', '-' );
		}else{
			link.innerText = link.innerText.replace( '+', '-' );
		}
	}else{
		ref.style.display = 'none';
			
		if( link.textContent ){
			link.textContent = link.textContent.replace( '-', '+' );
		}else{
			link.innerText = link.innerText.replace( '-', '+' );
		}
	}
};

/* Updated 2009-11-04 */
/* v2.2.0.24 */

/* DefRef Styles */
.report table.authRefData{
	background-color: #def;
	border: 2px solid #2F4497;
	font-size: 1em; 
	position: absolute;
}

.report table.authRefData a {
	display: block;
	font-weight: bold;
}

.report table.authRefData p {
	margin-top: 0px;
}

.report table.authRefData .hide {
	background-color: #2F4497;
	padding: 1px 3px 0px 0px;
	text-align: right;
}

.report table.authRefData .hide a:hover {
	background-color: #2F4497;
}

.report table.authRefData .body {
	height: 150px;
	overflow: auto;
	width: 400px;
}

.report table.authRefData table{
	font-size: 1em;
}

/* Report Styles */
.pl a, .pl a:visited {
	color: black;
	text-decoration: none;
}

/* table */
.report {
	background-color: white;
	border: 2px solid #acf;
	clear: both;
	color: black;
	font: normal 8pt Helvetica, Arial, san-serif;
	margin-bottom: 2em;
}

.report hr {
	border: 1px solid #acf;
}

/* Top labels */
.report th {
	background-color: #acf;
	color: black;
	font-weight: bold;
	text-align: center;
}

.report th.void	{
	background-color: transparent;
	color: #000000;
	font: bold 10pt Helvetica, Arial, san-serif;
	text-align: left;
}

.report .pl {
	text-align: left;
	vertical-align: top;
	white-space: normal;
	width: 200px;
	white-space: normal; /* word-wrap: break-word; */
}

.report td.pl a.a {
	cursor: pointer;
	display: block;
	width: 200px;
	overflow: hidden;
}

.report td.pl div.a {
	width: 200px;
}

.report td.pl a:hover {
	background-color: #ffc;
}

/* Header rows... */
.report tr.rh {
	background-color: #acf;
	color: black;
	font-weight: bold;
}

/* Calendars... */
.report .rc {
	background-color: #f0f0f0;
}

/* Even rows... */
.report .re, .report .reu {
	background-color: #def;
}

.report .reu td {
	border-bottom: 1px solid black;
}

/* Odd rows... */
.report .ro, .report .rou {
	background-color: white;
}

.report .rou td {
	border-bottom: 1px solid black;
}

.report .rou table td, .report .reu table td {
	border-bottom: 0px solid black;
}

/* styles for footnote marker */
.report .fn {
	white-space: nowrap;
}

/* styles for numeric types */
.report .num, .report .nump {
	text-align: right;
	white-space: nowrap;
}

.report .nump {
	padding-left: 2em;
}

.report .nump {
	padding: 0px 0.4em 0px 2em;
}

/* styles for text types */
.report .text {
	text-align: left;
	white-space: normal;
}

.report .text .big {
	margin-bottom: 1em;
	width: 17em;
}

.report .text .more {
	display: none;
}

.report .text .note {
	font-style: italic;
	font-weight: bold;
}

.report .text .small {
	width: 10em;
}

.report sup {
	font-style: italic;
}

.report .outerFootnotes {
	font-size: 1em;
}



  3.4.0.3
  
  html
  157
  298
  1
  false
  54
  0
  false
  9
  
    
      false
      false
      R1.htm
      101 - Document - Document and Entity Information
      Sheet
      http://heartware.com/taxonomy/role/DocumentandEntityInformation
      Document and Entity Information
      Cover
      1
    
    
      false
      false
      R2.htm
      103 - Statement - Condensed Consolidated Balance Sheets
      Sheet
      http://heartware.com/taxonomy/role/StatementOfFinancialPositionClassified
      Condensed Consolidated Balance Sheets
      Statements
      2
    
    
      false
      false
      R3.htm
      104 - Statement - Condensed Consolidated Balance Sheets (Parenthetical)
      Sheet
      http://heartware.com/taxonomy/role/StatementOfFinancialPositionClassifiedParenthetical
      Condensed Consolidated Balance Sheets (Parenthetical)
      Statements
      3
    
    
      false
      false
      R4.htm
      105 - Statement - Condensed Consolidated Statements of Operations (Unaudited)
      Sheet
      http://heartware.com/taxonomy/role/StatementOfIncome
      Condensed Consolidated Statements of Operations (Unaudited)
      Statements
      4
    
    
      false
      false
      R5.htm
      106 - Statement - Condensed Consolidated Statements of Comprehensive Loss (Unaudited)
      Sheet
      http://heartware.com/taxonomy/role/StatementOfOtherComprehensiveIncome
      Condensed Consolidated Statements of Comprehensive Loss (Unaudited)
      Statements
      5
    
    
      false
      false
      R6.htm
      107 - Statement - Condensed Consolidated Statement of Stockholders' Equity (Unaudited)
      Sheet
      http://heartware.com/taxonomy/role/StatementOfShareholdersEquityAndOtherComprehensiveIncome
      Condensed Consolidated Statement of Stockholders' Equity (Unaudited)
      Statements
      6
    
    
      false
      false
      R7.htm
      108 - Statement - Condensed Consolidated Statement of Stockholders' Equity (Unaudited) (Parenthetical)
      Sheet
      http://heartware.com/taxonomy/role/StatementOfShareholdersEquityAndOtherComprehensiveIncomeParenthetical
      Condensed Consolidated Statement of Stockholders' Equity (Unaudited) (Parenthetical)
      Statements
      7
    
    
      false
      false
      R8.htm
      109 - Statement - Condensed Consolidated Statements of Cash Flows (Unaudited)
      Sheet
      http://heartware.com/taxonomy/role/StatementOfCashFlowsIndirect
      Condensed Consolidated Statements of Cash Flows (Unaudited)
      Statements
      8
    
    
      false
      false
      R9.htm
      110 - Disclosure - Basis of Presentation
      Sheet
      http://heartware.com/taxonomy/role/NotesToFinancialStatementsOrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock
      Basis of Presentation
      Notes
      9
    
    
      false
      false
      R10.htm
      111 - Disclosure - Liquidity
      Sheet
      http://heartware.com/taxonomy/role/NotesToFinancialStatementsLiquidityDisclosuresTextBlock
      Liquidity
      Notes
      10
    
    
      false
      false
      R11.htm
      112 - Disclosure - Balance Sheet Information
      Sheet
      http://heartware.com/taxonomy/role/NotesToFinancialStatementsSupplementalBalanceSheetDisclosuresTextBlock
      Balance Sheet Information
      Notes
      11
    
    
      false
      false
      R12.htm
      113 - Disclosure - Fair Value Measurements
      Sheet
      http://heartware.com/taxonomy/role/NotesToFinancialStatementsFairValueDisclosuresTextBlock
      Fair Value Measurements
      Notes
      12
    
    
      false
      false
      R13.htm
      114 - Disclosure - Investments
      Sheet
      http://heartware.com/taxonomy/role/NotesToFinancialStatementsInvestmentsInDebtAndMarketableEquitySecuritiesAndCertainTradingAssetsDisclosureTextBlock
      Investments
      Notes
      13
    
    
      false
      false
      R14.htm
      115 - Disclosure - Goodwill, In-Process Research and Development and Other Intangible Assets, Net
      Sheet
      http://heartware.com/taxonomy/role/NotesToFinancialStatementsGoodwillAndIntangibleAssetsDisclosureTextBlock
      Goodwill, In-Process Research and Development and Other Intangible Assets, Net
      Notes
      14
    
    
      false
      false
      R15.htm
      116 - Disclosure - Debt
      Sheet
      http://heartware.com/taxonomy/role/NotesToFinancialStatementsDebtDisclosureTextBlock
      Debt
      Notes
      15
    
    
      false
      false
      R16.htm
      117 - Disclosure - Stockholders' Equity
      Sheet
      http://heartware.com/taxonomy/role/NotesToFinancialStatementsStockholdersEquityNoteDisclosureTextBlock
      Stockholders' Equity
      Notes
      16
    
    
      false
      false
      R17.htm
      118 - Disclosure - Share-Based Compensation
      Sheet
      http://heartware.com/taxonomy/role/NotesToFinancialStatementsDisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock
      Share-Based Compensation
      Notes
      17
    
    
      false
      false
      R18.htm
      119 - Disclosure - Net Loss Per Share
      Sheet
      http://heartware.com/taxonomy/role/NotesToFinancialStatementsEarningsPerShareTextBlock
      Net Loss Per Share
      Notes
      18
    
    
      false
      false
      R19.htm
      120 - Disclosure - Business Segment, Geographic Areas and Major Customers
      Sheet
      http://heartware.com/taxonomy/role/NotesToFinancialStatementsSegmentReportingDisclosureTextBlock
      Business Segment, Geographic Areas and Major Customers
      Notes
      19
    
    
      false
      false
      R20.htm
      121 - Disclosure - Commitments and Contingencies
      Sheet
      http://heartware.com/taxonomy/role/NotesToFinancialStatementsCommitmentsAndContingenciesDisclosureTextBlock
      Commitments and Contingencies
      Notes
      20
    
    
      false
      false
      R21.htm
      122 - Disclosure - Subsequent Events
      Sheet
      http://heartware.com/taxonomy/role/NotesToFinancialStatementsSubsequentEventsTextBlock
      Subsequent Events
      Notes
      21
    
    
      false
      false
      R22.htm
      123 - Disclosure - Basis of Presentation (Policies)
      Sheet
      http://heartware.com/taxonomy/role/NotesToFinancialStatementsOrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlockPolicies
      Basis of Presentation (Policies)
      Policies
      22
    
    
      false
      false
      R23.htm
      124 - Disclosure - Balance Sheet Information (Tables)
      Sheet
      http://heartware.com/taxonomy/role/NotesToFinancialStatementsSupplementalBalanceSheetDisclosuresTextBlockTables
      Balance Sheet Information (Tables)
      Tables
      http://heartware.com/taxonomy/role/NotesToFinancialStatementsSupplementalBalanceSheetDisclosuresTextBlock
      23
    
    
      false
      false
      R24.htm
      125 - Disclosure - Fair Value Measurements (Tables)
      Sheet
      http://heartware.com/taxonomy/role/NotesToFinancialStatementsFairValueDisclosuresTextBlockTables
      Fair Value Measurements (Tables)
      Tables
      http://heartware.com/taxonomy/role/NotesToFinancialStatementsFairValueDisclosuresTextBlock
      24
    
    
      false
      false
      R25.htm
      126 - Disclosure - Investments (Tables)
      Sheet
      http://heartware.com/taxonomy/role/NotesToFinancialStatementsInvestmentsInDebtAndMarketableEquitySecuritiesAndCertainTradingAssetsDisclosureTextBlockTables
      Investments (Tables)
      Tables
      http://heartware.com/taxonomy/role/NotesToFinancialStatementsInvestmentsInDebtAndMarketableEquitySecuritiesAndCertainTradingAssetsDisclosureTextBlock
      25
    
    
      false
      false
      R26.htm
      127 - Disclosure - Goodwill, In-Process Research and Development and Other Intangible Assets, Net (Tables)
      Sheet
      http://heartware.com/taxonomy/role/NotesToFinancialStatementsGoodwillAndIntangibleAssetsDisclosureTextBlockTables
      Goodwill, In-Process Research and Development and Other Intangible Assets, Net (Tables)
      Tables
      http://heartware.com/taxonomy/role/NotesToFinancialStatementsGoodwillAndIntangibleAssetsDisclosureTextBlock
      26
    
    
      false
      false
      R27.htm
      128 - Disclosure - Debt (Tables)
      Sheet
      http://heartware.com/taxonomy/role/NotesToFinancialStatementsDebtDisclosureTextBlockTables
      Debt (Tables)
      Tables
      http://heartware.com/taxonomy/role/NotesToFinancialStatementsDebtDisclosureTextBlock
      27
    
    
      false
      false
      R28.htm
      129 - Disclosure - Share-Based Compensation (Tables)
      Sheet
      http://heartware.com/taxonomy/role/NotesToFinancialStatementsDisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlockTables
      Share-Based Compensation (Tables)
      Tables
      http://heartware.com/taxonomy/role/NotesToFinancialStatementsDisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock
      28
    
    
      false
      false
      R29.htm
      130 - Disclosure - Net Loss Per Share (Tables)
      Sheet
      http://heartware.com/taxonomy/role/NotesToFinancialStatementsEarningsPerShareTextBlockTables
      Net Loss Per Share (Tables)
      Tables
      http://heartware.com/taxonomy/role/NotesToFinancialStatementsEarningsPerShareTextBlock
      29
    
    
      false
      false
      R30.htm
      131 - Disclosure - Business Segment, Geographic Areas and Major Customers (Tables)
      Sheet
      http://heartware.com/taxonomy/role/NotesToFinancialStatementsSegmentReportingDisclosureTextBlockTables
      Business Segment, Geographic Areas and Major Customers (Tables)
      Tables
      http://heartware.com/taxonomy/role/NotesToFinancialStatementsSegmentReportingDisclosureTextBlock
      30
    
    
      false
      false
      R31.htm
      132 - Disclosure - Basis of Presentation - Additional Information (Detail)
      Sheet
      http://heartware.com/taxonomy/role/DisclosureBasisOfPresentationAdditionalInformation
      Basis of Presentation - Additional Information (Detail)
      Details
      31
    
    
      false
      false
      R32.htm
      133 - Disclosure - Liquidity - Additional Information (Detail)
      Sheet
      http://heartware.com/taxonomy/role/DisclosureLiquidityAdditionalInformation
      Liquidity - Additional Information (Detail)
      Details
      32
    
    
      false
      false
      R33.htm
      134 - Disclosure - Balance Sheet Information - Additional Information (Detail)
      Sheet
      http://heartware.com/taxonomy/role/DisclosureBalanceSheetInformationAdditionalInformation
      Balance Sheet Information - Additional Information (Detail)
      Details
      33
    
    
      false
      false
      R34.htm
      135 - Disclosure - Balance Sheet Information - Summary of Change in Allowance for Doubtful Accounts (Detail)
      Sheet
      http://heartware.com/taxonomy/role/DisclosureBalanceSheetInformationSummaryOfChangeInAllowanceForDoubtfulAccounts
      Balance Sheet Information - Summary of Change in Allowance for Doubtful Accounts (Detail)
      Details
      34
    
    
      false
      false
      R35.htm
      136 - Disclosure - Balance Sheet Information - Components of Inventories (Detail)
      Sheet
      http://heartware.com/taxonomy/role/DisclosureBalanceSheetInformationComponentsOfInventories
      Balance Sheet Information - Components of Inventories (Detail)
      Details
      35
    
    
      false
      false
      R36.htm
      137 - Disclosure - Balance Sheet Information - Summary of Property, Plant and Equipment, Net (Detail)
      Sheet
      http://heartware.com/taxonomy/role/DisclosureBalanceSheetInformationSummaryOfPropertyPlantAndEquipmentNet
      Balance Sheet Information - Summary of Property, Plant and Equipment, Net (Detail)
      Details
      36
    
    
      false
      false
      R37.htm
      138 - Disclosure - Balance Sheet Information - Summary of Long-term Investments (Detail)
      Sheet
      http://heartware.com/taxonomy/role/DisclosureBalanceSheetInformationSummaryOfLongtermInvestments
      Balance Sheet Information - Summary of Long-term Investments (Detail)
      Details
      37
    
    
      false
      false
      R38.htm
      139 - Disclosure - Balance Sheet Information - Summary of Long-term Investments and Other Assets (Detail)
      Sheet
      http://heartware.com/taxonomy/role/DisclosureBalanceSheetInformationSummaryOfLongtermInvestmentsAndOtherAssets
      Balance Sheet Information - Summary of Long-term Investments and Other Assets (Detail)
      Details
      38
    
    
      false
      false
      R39.htm
      140 - Disclosure - Balance Sheet Information - Summary of Long-term Investments and Other Assets (Parenthetical) (Detail)
      Sheet
      http://heartware.com/taxonomy/role/DisclosureBalanceSheetInformationSummaryOfLongtermInvestmentsAndOtherAssetsParenthetical
      Balance Sheet Information - Summary of Long-term Investments and Other Assets (Parenthetical) (Detail)
      Details
      39
    
    
      false
      false
      R40.htm
      141 - Disclosure - Balance Sheet Information - Summary of Other Accrued Liabilities (Detail)
      Sheet
      http://heartware.com/taxonomy/role/DisclosureBalanceSheetInformationSummaryOfOtherAccruedLiabilities
      Balance Sheet Information - Summary of Other Accrued Liabilities (Detail)
      Details
      40
    
    
      false
      false
      R41.htm
      142 - Disclosure - Balance Sheet Information - Summary of Changes in Warranty Liability (Detail)
      Sheet
      http://heartware.com/taxonomy/role/DisclosureBalanceSheetInformationSummaryOfChangesInWarrantyLiability
      Balance Sheet Information - Summary of Changes in Warranty Liability (Detail)
      Details
      41
    
    
      false
      false
      R42.htm
      143 - Disclosure - Balance Sheet Information - Summary of Changes in Field Action Liability (Detail)
      Sheet
      http://heartware.com/taxonomy/role/DisclosureBalanceSheetInformationSummaryOfChangesInFieldActionLiability
      Balance Sheet Information - Summary of Changes in Field Action Liability (Detail)
      Details
      42
    
    
      false
      false
      R43.htm
      144 - Disclosure - Balance Sheet Information - Summary of Changes in Accrued Restructuring Costs (Detail)
      Sheet
      http://heartware.com/taxonomy/role/DisclosureBalanceSheetInformationSummaryOfChangesInAccruedRestructuringCosts
      Balance Sheet Information - Summary of Changes in Accrued Restructuring Costs (Detail)
      Details
      43
    
    
      false
      false
      R44.htm
      145 - Disclosure - Fair Value Measurements - Additional Information (Detail)
      Sheet
      http://heartware.com/taxonomy/role/DisclosureFairValueMeasurementsAdditionalInformation
      Fair Value Measurements - Additional Information (Detail)
      Details
      44
    
    
      false
      false
      R45.htm
      146 - Disclosure - Fair Value Measurements - Fair Value of Financial Assets and Financial Liabilities Measured at Fair Value on a Recurring Basis (Detail)
      Sheet
      http://heartware.com/taxonomy/role/DisclosureFairValueMeasurementsFairValueOfFinancialAssetsAndFinancialLiabilitiesMeasuredAtFairValueOnARecurringBasis
      Fair Value Measurements - Fair Value of Financial Assets and Financial Liabilities Measured at Fair Value on a Recurring Basis (Detail)
      Details
      45
    
    
      false
      false
      R46.htm
      147 - Disclosure - Fair Value Measurements - Summary of Change in Fair Value of Contingent Consideration as Determined by Level 3 Inputs (Detail)
      Sheet
      http://heartware.com/taxonomy/role/DisclosureFairValueMeasurementsSummaryOfChangeInFairValueOfContingentConsiderationAsDeterminedByLevel3Inputs
      Fair Value Measurements - Summary of Change in Fair Value of Contingent Consideration as Determined by Level 3 Inputs (Detail)
      Details
      46
    
    
      false
      false
      R47.htm
      148 - Disclosure - Fair Value Measurements - Summary of Change in Fair Value of Royalties as Determined by Level 3 Inputs (Detail)
      Sheet
      http://heartware.com/taxonomy/role/DisclosureFairValueMeasurementsSummaryOfChangeInFairValueOfRoyaltiesAsDeterminedByLevel3Inputs
      Fair Value Measurements - Summary of Change in Fair Value of Royalties as Determined by Level 3 Inputs (Detail)
      Details
      47
    
    
      false
      false
      R48.htm
      149 - Disclosure - Fair Value Measurements - Summary of Change in Fair Value of Lease Exit Costs as Determined by Level 3 Inputs (Detail)
      Sheet
      http://heartware.com/taxonomy/role/DisclosureFairValueMeasurementsSummaryOfChangeInFairValueOfLeaseExitCostsAsDeterminedByLevel3Inputs
      Fair Value Measurements - Summary of Change in Fair Value of Lease Exit Costs as Determined by Level 3 Inputs (Detail)
      Details
      48
    
    
      false
      false
      R49.htm
      150 - Disclosure - Fair Value Measurements - Schedule of Quantitative Information for Level 3 Fair Value Measurements (Detail)
      Sheet
      http://heartware.com/taxonomy/role/DisclosureFairValueMeasurementsScheduleOfQuantitativeInformationForLevel3FairValueMeasurements
      Fair Value Measurements - Schedule of Quantitative Information for Level 3 Fair Value Measurements (Detail)
      Details
      49
    
    
      false
      false
      R50.htm
      151 - Disclosure - Investments - Additional Information (Detail)
      Sheet
      http://heartware.com/taxonomy/role/DisclosureInvestmentsAdditionalInformation
      Investments - Additional Information (Detail)
      Details
      50
    
    
      false
      false
      R51.htm
      152 - Disclosure - Investments - Summary of Amortized Cost and Fair Value of Investments (Detail)
      Sheet
      http://heartware.com/taxonomy/role/DisclosureInvestmentsSummaryOfAmortizedCostAndFairValueOfInvestments
      Investments - Summary of Amortized Cost and Fair Value of Investments (Detail)
      Details
      51
    
    
      false
      false
      R52.htm
      153 - Disclosure - Goodwill, In-Process Research and Development and Other Intangible Assets, Net - Summary of Carrying Amount of Goodwill and Change in Balance (Detail)
      Sheet
      http://heartware.com/taxonomy/role/DisclosureGoodwillInProcessResearchAndDevelopmentAndOtherIntangibleAssetsNetSummaryOfCarryingAmountOfGoodwillAndChangeInBalance
      Goodwill, In-Process Research and Development and Other Intangible Assets, Net - Summary of Carrying Amount of Goodwill and Change in Balance (Detail)
      Details
      52
    
    
      false
      false
      R53.htm
      154 - Disclosure - Goodwill, In-Process Research and Development and Other Intangible Assets, Net - Summary of Carrying Value of In-Process Research and Development Assets (Detail)
      Sheet
      http://heartware.com/taxonomy/role/DisclosureGoodwillInProcessResearchAndDevelopmentAndOtherIntangibleAssetsNetSummaryOfCarryingValueOfInProcessResearchAndDevelopmentAssets
      Goodwill, In-Process Research and Development and Other Intangible Assets, Net - Summary of Carrying Value of In-Process Research and Development Assets (Detail)
      Details
      53
    
    
      false
      false
      R54.htm
      155 - Disclosure - Goodwill, In-Process Research and Development and Other Intangible Assets, Net - Summary of Other Intangible Assets (Detail)
      Sheet
      http://heartware.com/taxonomy/role/DisclosureGoodwillInProcessResearchAndDevelopmentAndOtherIntangibleAssetsNetSummaryOfOtherIntangibleAssets
      Goodwill, In-Process Research and Development and Other Intangible Assets, Net - Summary of Other Intangible Assets (Detail)
      Details
      54
    
    
      false
      false
      R55.htm
      156 - Disclosure - Goodwill, In-Process Research and Development and Other Intangible Assets, Net - Estimated Useful Lives of Intangible Assets (Detail)
      Sheet
      http://heartware.com/taxonomy/role/DisclosureGoodwillInProcessResearchAndDevelopmentAndOtherIntangibleAssetsNetEstimatedUsefulLivesOfIntangibleAssets
      Goodwill, In-Process Research and Development and Other Intangible Assets, Net - Estimated Useful Lives of Intangible Assets (Detail)
      Details
      55
    
    
      false
      false
      R56.htm
      157 - Disclosure - Goodwill, In-Process Research and Development and Other Intangible Assets, Net - Additional Information (Detail)
      Sheet
      http://heartware.com/taxonomy/role/DisclosureGoodwillInProcessResearchAndDevelopmentAndOtherIntangibleAssetsNetAdditionalInformation
      Goodwill, In-Process Research and Development and Other Intangible Assets, Net - Additional Information (Detail)
      Details
      56
    
    
      false
      false
      R57.htm
      158 - Disclosure - Debt - Summary of Outstanding Convertible Debt (Detail)
      Sheet
      http://heartware.com/taxonomy/role/DisclosureDebtSummaryOfOutstandingConvertibleDebt
      Debt - Summary of Outstanding Convertible Debt (Detail)
      Details
      57
    
    
      false
      false
      R58.htm
      159 - Disclosure - Debt - Summary of Outstanding Convertible Debt (Parenthetical) (Detail)
      Sheet
      http://heartware.com/taxonomy/role/DisclosureDebtSummaryOfOutstandingConvertibleDebtParenthetical
      Debt - Summary of Outstanding Convertible Debt (Parenthetical) (Detail)
      Details
      58
    
    
      false
      false
      R59.htm
      160 - Disclosure - Debt - Summary of Interest Expense Related to Convertible Debt (Detail)
      Sheet
      http://heartware.com/taxonomy/role/DisclosureDebtSummaryOfInterestExpenseRelatedToConvertibleDebt
      Debt - Summary of Interest Expense Related to Convertible Debt (Detail)
      Details
      59
    
    
      false
      false
      R60.htm
      161 - Disclosure - Debt - Additional Information (Detail)
      Sheet
      http://heartware.com/taxonomy/role/DisclosureDebtAdditionalInformation
      Debt - Additional Information (Detail)
      Details
      60
    
    
      false
      false
      R61.htm
      162 - Disclosure - Stockholders' Equity - Additional Information (Detail)
      Sheet
      http://heartware.com/taxonomy/role/DisclosureStockholdersEquityAdditionalInformation
      Stockholders' Equity - Additional Information (Detail)
      Details
      61
    
    
      false
      false
      R62.htm
      163 - Disclosure - Share-Based Compensation - Allocation of Share-Based Compensation Expense (Detail)
      Sheet
      http://heartware.com/taxonomy/role/DisclosureShareBasedCompensationAllocationOfShareBasedCompensationExpense
      Share-Based Compensation - Allocation of Share-Based Compensation Expense (Detail)
      Details
      62
    
    
      false
      false
      R63.htm
      164 - Disclosure - Share-Based Compensation - Additional Information (Detail)
      Sheet
      http://heartware.com/taxonomy/role/DisclosureShareBasedCompensationAdditionalInformation
      Share-Based Compensation - Additional Information (Detail)
      Details
      63
    
    
      false
      false
      R64.htm
      165 - Disclosure - Share-Based Compensation - Summary of Options Granted under All Plans (Detail)
      Sheet
      http://heartware.com/taxonomy/role/DisclosureShareBasedCompensationSummaryOfOptionsGrantedUnderAllPlans
      Share-Based Compensation - Summary of Options Granted under All Plans (Detail)
      Details
      64
    
    
      false
      false
      R65.htm
      166 - Disclosure - Share-Based Compensation - Summary of RSU's (Detail)
      Sheet
      http://heartware.com/taxonomy/role/DisclosureShareBasedCompensationSummaryOfRSUs
      Share-Based Compensation - Summary of RSU's (Detail)
      Details
      65
    
    
      false
      false
      R66.htm
      167 - Disclosure - Net Loss Per Share - Anti-Dilutive Securities Excluded from Computation of Earnings Per Share (Detail)
      Sheet
      http://heartware.com/taxonomy/role/DisclosureNetLossPerShareAntiDilutiveSecuritiesExcludedFromComputationOfEarningsPerShare
      Net Loss Per Share - Anti-Dilutive Securities Excluded from Computation of Earnings Per Share (Detail)
      Details
      66
    
    
      false
      false
      R67.htm
      168 - Disclosure - Business Segment, Geographic Areas and Major Customers - Additional Information (Detail)
      Sheet
      http://heartware.com/taxonomy/role/DisclosureBusinessSegmentGeographicAreasAndMajorCustomersAdditionalInformation
      Business Segment, Geographic Areas and Major Customers - Additional Information (Detail)
      Details
      67
    
    
      false
      false
      R68.htm
      169 - Disclosure - Business Segment, Geographic Areas and Major Customers - Product Sales by Geographic Location (Detail)
      Sheet
      http://heartware.com/taxonomy/role/DisclosureBusinessSegmentGeographicAreasAndMajorCustomersProductSalesByGeographicLocation
      Business Segment, Geographic Areas and Major Customers - Product Sales by Geographic Location (Detail)
      Details
      68
    
    
      false
      false
      R69.htm
      170 - Disclosure - Commitments and Contingencies - Additional Information (Detail)
      Sheet
      http://heartware.com/taxonomy/role/DisclosureCommitmentsAndContingenciesAdditionalInformation
      Commitments and Contingencies - Additional Information (Detail)
      Details
      69
    
    
      false
      false
      All Reports
      Book
      All Reports
    
  
  
    htwr-20160331.xml
    htwr-20160331.xsd
    htwr-20160331_cal.xml
    htwr-20160331_def.xml
    htwr-20160331_lab.xml
    htwr-20160331_pre.xml
  
  
  
  true
  true



begin 644 0001193125-16-580132-xbrl.zip
M4$L#!!0    ( %2(I4@OJ7:!"B0! &=M#@ 1    :'1W7G>RJ>H*U)]\W*YV=Z>J:?KXXL'1E
MTR6#!I"=GE__GG,!"2$D(2S)8#-+I26QW+/%(\YF(+YXQ3^SU7W@./5"%"_DTD]?HT4X
M^<#II:_LF/HI7,Y-8!T?.%$@*B\H\']71/L@*!\$^?^6KX[F3W%P>Y=R/X[_
M"A?#E7"'Q'V]^'I1 NP_N6]1F,#5]W,_?.+,V8S[BG:T/B!3B[RAWZ_
MB6<A;7H]?K%W_
M*+&KB6$8[]FOQ:5!$LDBT78M)KMB^>PDJ'LR7$K>__>OG[Z-[^B]SU/?DP9KR"-!6EU*;PS?9K3I'8U[)>:Y> 2)NGZBG+ E??9CVN7!K67
MJMFE07%IDL[C>BCQ%UP&65_&&#@ZC9_J[\E_Q-NDRFV+.(9]N^V^_-<:M-+O
MX[OZF_"7&CR%?C!.ZN]@/]7 %(0/-$GK[\E^JX$H"<9;$!>,:]X1TEO8[Y.M
M?&Z\CZ,9?9]?MKQK<5]_QR2-WR.GO( 2-A_3Q3RE?L6:;QC:?#K
M.Q >',?$Q^Q#PC;95SKEV%[^@$_]^5T2W,]GN./8=WX\1HB:20UVQUU,IWCY
M8\P7.^;B>S)I(52:RZOW&5BY%/C@T)L454/,=,+',*4Q4/\KD.1;BG3Y0N,Q
M_.#?4FX=V0@#,-0]!L4S5MU8.K!?%:>/>+<"%(RD_O#X=M
M%TX\?TS->]SG1\= +NBO?_OFE!'!R\_! WGW"Y$E38'%"-MPL8)I'?*/;._C
M%8D93B[3.QI_CL),6*5FDE#0KX5.3-%[65$ *O(YW-%DP;0
MGAH]BJ"=#CV.[FF6XDF\ZV@6+PN>RIN"H,-"=)6XKBGIEIJA!WA&>39VCK1M
M%$(D 0C6"F1=,HFK.A[O><3@90DXPA(,BW<,!?:$Z\J$6-=RB1T.W2%' E+%
MG7%2(-460*(F^F MDB"D20*F]4T0,LO=G$P"_->?V1%P19P&-S/Z*?+#Y&.2
M+,"'.!1X4HYBZI8F\H&J@
M#FPP1RVB"[QI2\30%=:0E80F:T V.B,L; ?!=OVA+*)"$FQ%-NU1=Z4
M'!<$O^+PEDTT7K4T7;5MV[(,<:D7=5D\@B2T_3A^ H[I$_ 2 "^1G<"O@U62
MDI\H6-.? O\FF,$>.A!>&2W]#%Y1-P!>6+DJ--$&-? *DJL2'>"5%;"$9%%S
M>!/>SJNJZZD6O,)PC:66)UI9_JT#L4Y>-X/TR=V(^C!F9\D
MP32@DQ< W=,M4Y(] W8OD4&U619OBJ+!&[!O9%NR3D. UK'P
M]RB:/ :SV3G!!'$EBHZA YBVPLNZ(O"@M%W>(/"S+"FBX&H9F#*P-A%%:0W.
M8LGK@-A^<@>6._[C_L\"&'S&;/FE3/NG/UN<=0.;'HA;S31X7;= 4GFRQALJ
MO,GS+,WP-,&69"$GIHJ,+"KB.CT;0;2.A,LYAK_A-R;K$F^1@B7Q:Q &]XO[
M+_X3.E$]1>'M%XWO4=9X?Q.TX044W[;PZ6[P&
MQF#R;0T)M?!4-D/5RC47Z5T4!__;PGNI;H&&9CI1/878J@3VJ ">"@%99ABB
[email protected]:_!*EDYXV76W[[^JA"G4PIB;7(DG^2TP(HZ6.)E@;US\7M(
M>EHPZR1:4Y)*S/62U-TD;0+I%S^^C#./A'$YN"7LYF<#7-JMUR!3KH_,U%ET
M5B"UX&\#:C]G=W87BVI-2&TW!/NA;1EM.3&DVMXM7 Z=+,W2!S^8H($
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M8-\+Q\GB6.> F"#$2H7:C8-8;*O?1;,)C1,,$AP[;(\!NL# U%UTFD+$!L +^X73&XSML ,UIC>T3 ! _YC.([N*9KW2T< 
MU-NW-4? G/Q[[email protected]\=G ;2&"M\)5=< +(-U#+U/_+[9JF4A'#VY(F
M&%7\U"R_=KN\K.72%$H0#O!))'5[99_-\I6F?A#2B>O'(>C[I,0\#IT&XZ"+
M$$O@EO&R!/ING;+[@:G$YU?( 3G:#XL&]9Y$)+*N"_9!TS='+6>P89KAM"Z]L.6 )ENF"8."AF4[#,5#^N.!]3X(/83#[
M^1T@F;:'3]Q(A3[-\?JNU  C%,P6\+;O!RIN\R#MHAFJ!6%M16"
M=5!K,BB76S^%OY)@PLZGH[!MKM19A!VZXZ)!UF5Y"]AJC34K"A?)Z0VUFF-U
MV5)=TU-%7K"(QK?*6*YJ\K&@:,777AGV3!=@  6(U#;!V^5L-E0[;H>"+
MR 9+F:FW3+8D0Y7CZ2=0TT?28_*&'FOH9X%[18/;T,XKT:Y 322S/ >Z#QXF
M>!<@SU1IFT _%NRMD-MEQ!D,<<9&EN A<&W6Q81I%#_]'L5_?$0U.:;YM;GR
M.+(-N!L1JF9;-A8#B;*H\+*M$]X@F%)G>8IA:[HH:22+,QNBO,X_#2"I.T9B
MU3 O$Y+V^K7&'=WFE7Q_$>JG(S4K'P;:+2+-HB"-)*%
M;4#133^LPD28?
MP]0/;_%(,[O^[S'82V>%4104S39L7O)D@9=!%0*,.KC_CD $$QXL2LS^0W]?
MD]>C\OO@V)*[MW%$@_'/U:?N$AJ0H,E&-&)C1EA U)
MUK)2YAS &:Q,1E^G;WV9S/&+^L]"/1#(JJ2J^H9 /JAF_TM,YWXP<;_/P=.C
MQ3U=%],JP&X(U5JOO9"7X"-+1.ILW22T7H2T1%;32C&%6R#B X(
M*5?$PCT38---C7ETR+MRQ#5QSBR;+LYOPI@"&Y@FSKPDO K7I)7$YS-[DDJZPG>Y&D
MT3V-G\^FU;X98@VDKFG)@B/PNB7!3B0 ,Q9=\ZJCJIII"*K@R,O^ <*%J.2 
M-@:B!#CN3S\>HZ9RZ .=14Q8)L*Z;).R(![( -
M M+>57C3("Z1#%61B9[I-I1V@L@ZIEWL: >T'>0SM3
M1 ]4WSA7W _=R[((:[BG$H<'\.0E296,;>RSOR+JN'G2+XT/D#"P
M2&W]0*)5#[J2=%[KVW8YO;JC6<(YYK5$86O]_-*X M-<4T5C!ZH.0D(5FYF[
MZ@4A&@7,L&\= WQI3*&05D2M@JE: '?QU&^AGR4 TPE*\O[N,BRAEBHQ\[V@
ME@,RH,2 EYBQ:!N])M@5>G:[S)K$=WM2!R7335< [.(/)>V2E=.*^8A**"U$0Y9;E
M/.4^Y]6CIP;(RJ3*Y*J]M"Z/3_[8!&I
MMEL(=]2^/3NN=& LO6K.=<:\/3LZ#. W;1IK\,/OV- F,
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M5&V\"++(T:HY5F-QW.]!:H-9?MMZRL]+8J3CI\Z&LM>@I\Z&K-[HJ;-AI*6>.D7U#L(O
M*P*+6$K@*Y^RFB?/DM(-83TR0!7)!L5G
MJ_JXO_M!:.&T,]JZ6R+#( "#&-1!D;;#H&@;GBQZ.D]T3!54+8^W!%/E#>*!
M_+$ETR1@JV1Y@KNPU@KPX^ 2:PW[A$M,4M".@LPUR-MMXA[@2W[.KCV(Q8H\
M&=2HEI\$?\IBN$;8D%FL3B_96
M/>6M\V&+-,%6-WE+UPWXZX384>LF$/2#D\Z &[(?-UWFFS/N,J7O?'167!V=
MKT[6++EL!!!9U1F:# R+&X:@:$T,TP
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M#1-4F^LHO&G;"J\IGF!JCJ"YFK0DA&1E3OYH-B&G'SM P\EI
M1]T &S@X+HK_"6H<2!FR\0!C^/,JPJ]*;WU-^T+#85,7Y28E+XN_&EK>[%_+
MS7Y6^1BF8"4DP9CUHVEO&C6@T]Y.!;8C6IZ@\[H@"MAI" QR8DKPER2;BJ2Z
M*@8CBL9D4LWN.0E*UE'OWL]GT1,%_RA^ +K4<\7GB%F]0$I\0W(5I?ZL_#MZ
M!I^C]%\4<#2.;D/T%E9/RFYBIO(5F&GY L]&F;KV1XY.;-71>)UX G9R5WE+
M%"5>(*()E/%DV3&61JM(*D;KBZ'L9!; .H?T8\^0+7OF%!@Y$N(SYV35?62#
MP$NF.9;2US1QMV]12P-'%D0OJJ9X(;KHF\8YC6>ABF[SA$)4GC@'[PU <
MXDCYW DB*J)X!&(<@)57HTXJQ#E G=BZ(@HF""U3$<%*!N,+.T:(O&I;IF3)
ME@:>_DJ=L"E-7=4G;2R.O3O7O+V-Z:V?5BR1$BN=C7IU/H[EF99B&+RK*K"]
M9.+QAB<)O"6KAF=Z@F$5$2R"S?)EL4;@O1#:UH?CY(4-LZ>/2;) PX^]]_@[
MHZ'8DEU!=!3+XSU',0&OV&-?U@5>5Y94]:53)1T428M#W6:S08J:OQ$<=UPJ8/F//"*+0\;&L&[[(PO5&>J
M[P<8-M-]%+(I25_\^#+..F>R#?"%QHPEG@'_45NPB99B6JZE\Y[G$M#/*EBO
M,C%YS_9$RS*!ZKJ5=U'"//ML>H) RA4;>V&M$=4)[@\Z.3H6FAF)S8%F,7^#
ME:I(-:(S!Z,"(.+B+II-:)QDK*R &8=!KY?D;()S>G EV'6G!35G2C 62:RT;(^N2G,TK6:PZR*8 BH+PZR9,@G)G->2XADU@7C
M,,8N23;;GP=@LV9[/F^,-O&BV%NDBY@R71\^)ZZ:GPQ+HFCLEF;UQHI(B".H
M+B_9*[email protected][AF@:O"H2SS-MC$F(68\"PF9?Z9I8*[^;07FB690M#LA;S\A:
M'I"S+,/&XRD+Q-P&"7;%?C8#R *1A',R (-:D02=% /@]H)423$I#=ARHL5-
M.EW,\B/NDD5T*!J(^(QILZZHJY9K\X[!;#D)#'7B@B! ^]V4P594I&5_3+4R
ME*49.+65^;_Z\1\4K7U6I-NN8O)9@"L&^.:RH_/$- 5>%D$66I9.>%=V0;N6"QM8
MUGA#A3=YGJ49GB;8DIR/*9.P9:D@&O*S)X67=%XF ,U%>A?%&'8Z$'1E _2F
M8TV:3&O%-@(@L#?RNW>LO[IYRQ-[LVO;1ZY.#:RHK]7I[5G\'I*>%LS6 WB!
MI*SS@5QI#K-K_:<.+FP"W'963T,,'"&*4,<Y6IP3S'/>'G5W^'>- ],QZ >
M_-E5=!G2?U'_T!.Q3$P_'HKV,UJ\NDO40WGY8
MUF%G!UBY6U2TEFK="^=9<#>:8R[BP!Q%J)SG[0;B#+[\LP!OY,M+2U^^4B':
MPI/A3:UI_!; 3E9#.,<(..IHR*L'\(U#V \.W!]#B$F
M9T&::G.#_2'J8[:#.P>@! _3=$W0GS$NFDFY$H^W[N]V#H!%G &G*/*FG*Z%
MH,*[8/(E+$T9DX^O_.\Y/KJ[5S6L&:XT]=L#1:UL^A)'4YHD3(%[M,L"&?L5
M5&.,NX'8 +CH_\#8 C-Q8GI'PP0L^(_A.+JG:-]OKPDU)_]>9'[(9XI3 P]N
MFG$6*PV/X$CEN.4$H&_@EAD +[=MFHI%[':JB)5Y?_7+K]TO+VN[-(42*SD4
M7=^ LHF]^I6F?A#2B>O'(2C\9D>/#>S3L >][
M$GP(@]G/[P#)M#U\XCON_3D./L]AD8@8$"$;4P@./_54
M)0J':Q,2MS:X/VL0H=&P!AQ_*"JBLG$J?A1X3S4J\AS,@X:(H2@5;=5P+N3I
M^_2?1=@)S(F1UF7Y\^"KE=1IR!B!/E5HBK
M1PH>C(9I%#_]'L5_?$0U.:;YM;GR.+(-N!L1JF9;M@96NRB+"B_;.N$-K! U
M+$\Q;$T7)8WD46:]8A T@*3N%(DU[WF9J&2C!%BQKNE8[=(KW-ZF(=999+I4
MZVO6M;1:DK33],'F[YIDU#/C-O*L+J!=5+PXAMTP9&T+4'33^:@W>(J77=^FU/-Y,(J"
MHMF&S4N>+/"R)=H HPX^KR,0P93 !Y;R%MU$DRJ4W ?'.84,@']3D%%S[N1^P5F!A0HM[NBZFL6NCKE85\%Y(3E\-6$@W;/$;0'&UL6)*7]?.6EL?;5?_P5
M\Y\#6%+7S4Z!#0B5A7JS6*+B\+)L"FFQKO6JJ%7*P:@IV1417SF/J.E:^WQ2F2XM;#SV=*
MOF_6)R4[^"[&1.Q>> FX+S0> [C^+;V>+F.[I
M1:JXIB4+CL#KE@0[D0#,6&/*JXZJ:J8AJ(+#)KRSP(QP0;0G'
M8]14#GV@LX@)JV097>R@NB6,Q'J9>?=!40*X&/==>T>;0?G%>[- 04(Z=$T#8 W5A[N1%"Y@8^.72.]42=CJ1*:"KI
MI?':6Q>_*_,(_$ *$C/]"EC)RFA66[\=T-=L,(2F?R>&I@LJ6;:VPOD:HB[M
M$&"UE4*N*1LR,43>EK"GODL<'G:RQDN*;)B>KHNJY2Z;@ @78$9M2U/:!>L9
MTL\/0,PAQ?2-T<-F,NIBM93L@/STXR:MO30^L(>"*%6E<@=;05-'8@:J#D%#%9F9)>4&(=4Y,Y[1V3U\:
M4QBZ42NCG[< N(NG?@O]8L(/%KOV=Y>!FE(,0][!.36@OJC&$L^BL9C1K3&-
M1;2>J*Q=F#DV\V1."=KGBBQ6'.?N**VS8P2CHX(HJ6H/M=;YV0VJVCH[.@SD'$W?91SNU5NG.3]&S(B2J"(F5*5M]]1&Y\F%06,8
M8N.#Q)K@](ZK2^EXY03T(V!&UULV'6UVTIX[5$2I#!@['-:S\\P9,,.F"HIR
MKWA&5S3%.&5VAI0[4J*F2$?EF:/783"DZ 8(7Q4G(K;L1FYYKBL:MLE;-L;I
M)!.CL3B$TA$=SU M%.BK1HZM2S-.9OA*!IMR*@NJUG+#.*+A"*+K\H+I&7C.
M8/&F9]N\1D -":8E.*:2M2]E-HKT_ X"13 W>O)GI6P6,YP\-Y;Y(AA1<$IF
M;8//G1"^4.W.BZ!(/DU)3\-LJ5YRE=A^,/76!/)S),V]"++(T9+IV"'%)^HG
MU/T>I/:=']_2/NZX#)$_RW8OEV4$^=#2/]
MU5-G0]'KT5-G0]EKT%-G0U9O]-39,-)23YTB>1+AEQ4A&T,*OO()DRF+3 !=
M-]9YX9!TRE/C0-.EEK9*LX32_.!-4[2-$0%=P0' T78<;2,<2'D<"IZY.2>A
M*TA05)VT'!34" ER'L 5B= >!Z>UU61-99.QX-^6H6Q=(HYJ$85W""&\;+L6
M;Q%+XS7=-"3+< W5L);=57MFICT?.TV51CY0ZKAFVHE4Z=FQH*% Q9HZPXM
M#(.&(B(&=5"D+8<:VH8GBY[.$]W!C&W+XRW!5'F#>"!_;,DT"1KNK'JYVDGU
M&+"W8[T^8$Q^#K,=Q&5%J@,J LM/@EZ@A^U%U=B-GGV =G8SXF=58%$%29+5
MEI,E&^%28WM3>&5[\ZP(9.GW2B5QKT];]:S8(H@M=0^V7L?.U:66V6R-4*FS
M=ABO>>.>&G_8!U^NEBGW=N.>&ELXB7EC)-QQ-^[)>4L&;T'*SI3UEK'Z1M@R
M6 HA$2K9E3WCK?-ABS3!5C=Y2]<-^.N4UJY4U_NP'ZQT#N20_<<9^1
MVBZ:?>*D\R+KZ)SUF3[F/1>"\/9+'(7PYYCBZ-9%74.\$DEHV5;$TCS%=2R9
M=P5=Y67+$'A#Q;Q@2S5-U5$U27&6%;J:5C$ESH"RJ"G9$?KZT6FSIB>:
MHAK$,'3>M!Q NVS9O"%Y*J^HNJC(HBN;AI.E8S,UNQXS.3H23H;CWVEP>X?I
M\@\T]F^I^YW&.)P+&&'<_DAB&^;W#S^MZ.D)662>";)=)2S.L44NE(C='(Q4;O@Z:&AY\UHAF!J>LL,,@45VK
MFVO&)J*EF)9KZ;SGN03TEJKSNDQ,WK,]T;), $ZWUK/,-REGK3E3A7- 28(L"J(PFZ &W2Z:S3,KBAH%BX$]:?W.V$XD@F4
MZ>[+Z6IJ>Z8"S$5Z%\7H!!Z(+$50X2-SQ0P0[]]![BJ*LMOHJ>U2(IF.K( O
MRWLFUL(;-N$M759XPY0-,$\570?W5LXCE,)Q;)[]V*AI+@#*'Q#;P,VY+75=, +*F>[8B2:SG 4;AO)+V"H(UU'Q>L9W7U; 16
MUAVK&L;? E;>&G,Y-3&OUIUX45Q<_5L(\O+J,;JZBQ8)^!]7CW3&YNT 9X!/
MSI@#@QH.X<&G514;7=%G)[-&9IV=*I
MT%A*<1Y3.DF\.+HOI?(A#Q^ 'N:*XT002=AL2M*RK2X11,\0-=XQ17 W56Q"
M J_@!=B5#;A#KB.)F5>%FRPNQ2QF>@YDADB,;$JP5KS
M;5 B>9BF>Q+N.9O&RX*F\"?8UK$!7B>N:DFZI2RX_V!Y#=LB8'X?07\;!
M;0#&!'Z;-6\Z(,!=X& I LO=\MJQNN%&NI*BJ78KBWRIH1G(X+B\)9-
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M5 MQXN9.B,CL%H$7C'(I7&6=U;R-%$ %Y38Y9P51X:WYAC<
MU:S,AU5/+N"[_,(!B35=0OPX,D:#_)9Y3W/T@Q/
M$VQ)%C V@"%P3:MT)'L>G.LX<_TXA)^3+S0N0H;!&&=0!+-%>DAPM %2FA_1
MFYHFBIYC\S9Q,47%LWA=M#7> ZTM.JKG"A[&R C.YA8N]))=NP>>2G94H?6\
M*':BQ4T*NV-SLBH\*H@ O^,8.="AV;]G91?=%775,=CIKJ3P)G%-WA-$
M,/UD2504*1ONRXN5E/UG@%@Q]];S%8I0,L-R*:WAZ S4['"X*8!LR@0K[A,B*
MI%3%ZFK=&X;!9#%.?_?QB"5]8DT+_%G^,3@\+^((L'HX1TKV#/!GB SVOF7Q
MIB@:O $*6+8EV]0\,Y_WO=E_HP$P->[-5_I PP4]J,7V^:B*P5JPAFJ9VNQ^9Z%JUL[Y[.+R" 8W)$K&0+M
MP%M'T=*6ZK8DT]$\E,@Z_#5KWS:4-[OBEM(A]_8U*"*JTYGVTV[1=.TE"
M5JV]3RQMPK(/^F<.T#XC D!+29*V!P$-9FB#VP+&>9CUY1@_78&-DOAC=&3_
M[@=AR]+@,XHNL$IX2376,7$ 4-66/_?SF-Z!]@K8 3P*/AS->V[HB>OJNJY(
M0'9@ -ES7-YP= >0(>APC2K;NI.-5>;Q1=7I05N!J"AA9(^:JY?5/8"C9*T4
MRIS\>Y%IA>*)7[#4)PK--(V#FT6*=UU%7_S#>MJ<#V,2>O 5>^;$:-B0.;G-
MD.-1V".^-H-F-F2':*W,G]R5A4
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M&XIH+QR;HG>,G6GKHS8OH70D2U4TU71P_ P89*XLX>QGEW1=&( =-]W+W)U>L1B:4U0@$FRNN9(H< M8OVR!M.D# ;I,-1-O0W!%7?P0$U@%2B
MYY2=S_V=AJ#D9X EWJJQ7?\QC>W]DS5(E5L%0+N%=KKH^CG]%13Y_>(^+^!@
MM0W/A[#:2Z0^&05[>9D&&".F(_"R).B\K@D*[SF&Y2J*ISFRG5/O@A1=A?8L
MO01D47%E+Y(TNL?.?M]19 ?H?8?Y8RZG1P*X>,FQ@,XR< Z%HP2]!Y3_IS];
MT%]!  ,ULEH./"28PB,LFCY2&G["H.B94Y!T2]%D355XU5  "YY@\6":8F,_
M21-ET[(]35M'P &@E!!0E"(=UC/B?$54L&75\E3.\GI+8.255& [> &=3!8EYPI!0T2-"DBLN=)NHT-F0
MHDMBRW$*S>)D>1\%6=)[@Q-9%$G+'KR-<"(50[P%_0B,$J;!!.N'P1=?>1=9
M<)U.LFSC^_DBS?VX:CE[=C[Q#)P9@DZ*!F,'%UE;MF$:DB3Q.'L()(OB8I\A
MB[=E19-40Q0MS5HUL]W@H6. WDUL2MI:EZ(C8E/,I92N&:=&YG%J?+%K'=$)
M83U !*WEQC1TXJHZ#F5P"7:TPN1G1P+32[$9,K<4M@(U&=%!#NBKKO"Q8X#ZJELA[MJYKCN"*FF@N^?Z(
M=]&XT*1SD&^ Q%90]^;_L[/F.VDU)S;_]577$U5_)X@8@@%67/XBW/M7EB*:)H*+) -"_O4&/4R<3S
MHZL2/%_5"%Z"VXJ9;XL@N6-#_:8'9K@40S*.U[B\:2-7EHT/ZU$K*-X+78:,
M"0T^.-&8(=,+DK$_R_C?@^\.,0C7!U]LQ)0UXIJV X:PJ0LX_4'G3=N0>=&4
M!5MR#5M7 6UXP/L/\M/[G6MZH>:'!P[V:'O01;+FAR+X=HWJ"EIU/]Q^WGL%
MR+!F8/ =C?*R(GJ"+EF\8.+\1]?3>$MR'=XV!557B**YLIF-N/C/6?JW2?#P
MG[?IWV"U^&G.)>G3C/[\[E?SZ]\_?N:MRZNKRU\_<,(\_1OG77Z^XK]]_+_N
M!XZLOO#,7S]^^M<'[BJXIPGWF3YR7Z-[/_P;ES_BZO(+7"_B]5?N?U_Q'S\[
M[N>K#YS\EW?YBZ_N*.<7HU(!#4G*^>&$FX++#@0\8K$<7<_=XBYD#YBQK0A7TAA>D'#3"-.?DP\(Z/MY&Z@9%&6XX(H"
MBO_T[^=_^X_OIO"WC>>S.O#B'0=BT;K\ZKA?>?ORTR?SRS>X:0Q0^/.$ON/&
M=#9+YCYFG;%.S?AY[D\FQ>?'8)+>_?S.$/_RC@/DW(8_O\-S(3R0NHGB"8WQ
MJO(RX_*'27&_FE.*@95.UJ]YR!]\$Z5I=+]\I[+]EF-]/[SZK*]^O\X=<0T[
MZ_NX^=U.4-A[US?1'N K=QQT+^XCV#PAVLK/?O,9UUK9R06Q;O /%DYA#[QI
MRC\#(!WDGM>\UVK(GM_'2+TE83( U$V EN[K<>'I_1[.UYO;
MGX5)_!]9TBM'YBF71+-@\JZMC&_X=MNZ[G;<%T
M&LW+OYP@]O+)]:[@!GJ_$;6H!&-XN&93,Z;2_+D _ZCV1-(]F[+&R#!: WM.D==W.P['CD\#
MK"%*,)EBDC5$[)T )&C9*7V2!WO6T>()FUC!6[-'XH3<4RUU0%EW4=:7O=5$
M&,^_-PA,GP&?341X?H# )/#J].![=GK0)E.L-PL[G.,&>@ST&.@QT*.;]'@-
MD1'I,*> %;5Q2>UIS]D]@Y9!,TT>&;K6-U.M);"]"X2T#O6VIF@_0KW(MLVOP?GNZ8E<2P_&T'N5AE"WCF:0O[63I %3KV'WO 7G?XA;#_08Z#'08Z!'
MEQ;V-IW^5B=OLSK7?W  !K-VP%0O,-7EW?,6'( ACCY09*#(0)&!(EUSKEJ$#RE[MWGH+&>Q#2=A CX$> ST&>G1I8?OH\1J"*V^P5:RJCU3C
MQ/.5AH!S#P/.O8FAM&=\I?WPM,%:'RJW!HH,%!DH,E"DRRL[C]7>\^#^T&UV
M6/.;7_-K\-][>JC7U78Y@]\^8*K;F.KR[GD+SO\0^A[H,=!CH,= CRXM[&TZ
M_4.WV8X;:X-9.V#J+>V>M^  #''T@2(#10:*#!3IXLH.)47Q=_\&?U&QXLX2 .:7-'OJ36+QG_\ C=S/TUH\,&)
MQ@NTI[T@&?NS?U$_]N";A!M'80I7?Z73G]_1:';]Q=5D4595GB6DJVPH,/'E;/R,73H36J&DU_]^ _*2.C^SR)(GU:T@1_QJ,,/PJO8QZ:[
M9I+0-'$ ![,H6<1T2;RC 2P9FFT2U>(5TU!Y6=)%7B>VP8NRYWB"HBDZT:[Q
MSE^0T7(^.YV'N+&'9GGGH,]12CGE@OM8\?YNEH;7_ PK4S<\5?DOQ5)_I]R=
M_T"YL9_LIC0X0)ERQ9
MXX(S4PXX9WRWDA-YXR25\\,)/&-[9Z41&-4S/#B+%O':NQ]I# N>^4D23 -X
MGY_ <_Q"=O#3*.83D![X H KCMDU*3?U@QB%Z8)N618\I5C8SF7A>DIIN7CY
MTM%?PTH"N)UP]WZ*Z'CB)L5)X(PF#+$AES["94^P9'CD/6R.N^3B;&R1=?'>
MPA=7=X"_H@^W7KQD#1BUP>>I$/KWZ]W0^'7N0#(-WBGM>\UX9>
MY - G0)HZ$5>?^_0BWSH13[T(F\'\M"+O+6\'GJ1OW0N^4HS;HVG5;#>M=*2
M$C=)AYT[GX@C>D7_H?/TL.9AS8,J^*''G:=E0VQT;_]SOWJ5-_D,.']LW^&B
M'UT\D&O5#G3Q>&76S&MJ&RT)?6L;?0RH>R?)GPOPCZV;Q_>MY[,Q,HQ>=,KO
MNQW7D?+PYS(,0FCWR511"#"A[M7OK+=21#(69 ST&>@ST&.C1
MI87MH\=KB(R\P9[/FCPR=*UOIEI+8'L7"&D=ZFU-T7Z$>I%KE1-3\RV8VD/Q
MXT"1@2(#10:*='%EYS&Y>QZ9'QHV#VM^\VM^#6G+GF7B=WT9)3&EIR#J]^O4V AI:< R#=XI[7
MO->&EIP#0)T":&C)67_OT))S:,DYM.1L!_+0DK.UO!Y:2)E^_-=F1
MPM3G,@PA(T$<6L6^;ADZH.S5[JVWD,$^E(0-]!CH,=!CH$>7%K:/'J\AN/(&
M6\6J^D@U3CQ?:0@X]S#@W)L82GO&5]H/3QNL]:%R:Z#(0)&!(@-%NKRR\UCM
M/0_N#]UFAS6_^36_!O^]IX=Z76V7,_CM Z:ZC:DN[YZWX/P/H>^!'@,]!GH,
M].C2PMZFTS]TF^VXL3:8M0.FWM+N>0L.P!!''R@R4&2@R$"1+J[L,$>@?;?9
MYJ8Z R;K3KMFF:6;$%AXN\%5^"LN<<#>4
MAO +YW-C #@(%]$B88N$9[ SB0"6"H\ ?,2(&C_DTDZ"K1>28>O23_">V
MV/0NB%-X^ @>%--D3L=I\$!G3P G._+8 N@(5I(R!PFN28+OL+9)\!!,%OX,
M'I30\2*&-0$&UQ8?:0QUNRC4Q:$
M\* T@C=P*;W''9,QU$\0>"SZ]G;QW=^?(NT9H#-:1Q$$\:*R0(>5"S'1]3 4V )]_Z$7G ?
M0_CCCR"\1;HEW+\7DUM\'.-K"E)FX:<42 /XN\T6C=>%MPE2%U\T6<3LF0RE
M]'N*2X$E9LO'"Z:P0!17"XJ$]5=8N/,1'$9)1A/&8@&PJ%^TN03.3-*,PZ>P
M]' < '< MTXR L/CX"<&3+*@<79A"E( %W#OI]EKLJO*=,*59J3+5\MH,YNQ
MZY;+FP,"X[4G/=XAFP!>,JK CDVKV3.0+ ^ H$T8N!MLY7>Q*3R!P_'C
M3^\7"7_K^_,/'U=;]6/HT)O4#">P8?Z@3%"ZP ?IT[?E7H ?\4 11,Q5[&-K
M:Q/8.4V<(!D#9R]B>@44L6;1^(]?X(W<3\5;OHWOZ&0QHY?3;\ UU/(3.K&C
M^SD-$T;,K["&.!BG=/(MA9M_"P$D\]&/)R;N95C"%:YF^7 F0>##5SK]^1V-
M9M=?7$T6957E>:(2@?\'J!GY^MN54HG#RX[F\99CR;RGB+;BVK*@ZNXUWOD+8B]'WDMJCH\A2)G[
M; /$= 9[A0F/K]]^ Q9(=\IT/T.[1/:!R;MQEKWB-.O]![,<[!J!DY]
MC9RZ2T1]9E$9>$PT[0OQ]S"S#;Y)#([+PI^]$HB& 0='97D6*>@Q:RP!^11,
M>V-;[&'QC[!G@S )QJLW_'-HNK]Q[ZG''OP8A*L5G*I'?]=Q\"_JQV\-YG/0
M_76FUQU86W.Y2),4D(N'&?[>\0Q]:J&GBE*C&SN4(?5BUW5ZS6^PXNWOL0]"
M<=*[/2<:O>J)/NRYT^ZYGNO&?]($-N%[]SN-QT'2P^WX(VG?.>?<'9:';3BH
M/ER+%\53&O11^?THB\-FZ_&:!YT':W&_SS&7[JR;;^B#W=$=T<.K/C
MEF-]_V*O'C*<]F2Z;&[D=6%S$W/OJZ)IZ7O<-*5WSY%4*]$:X4DY+IYZS\Y;
M":#NR\?Z >LMAT2LDX4@ SVZ1X]SV&,=-GDET/*2\4;L>TDI%9X%[L.%^>$UG)J+^9N+#
MDGB:\MTWJ$M>Q^F(K(Z(W-K,[QO[R]I(TU]N!_3=EQGB\0,]ND>/E['&.FP-
M$T49&5+KQ(B>V?Y$D4>BVOK0>XA4#7&1@2+=IL@;]"[Z>D("%K8L]&HX<<>!
M'33/VY%S T6Z1I$NSLG\B-4T-$DY^AT+=&EYY!D.U-LHOH0OD@ ;#V:C*<>K
M\0%L^!Y[%E9]1/G0PLHAR:@8H^?G\_Y^R&<.YD&O;([:^B79@_"KU<=)'C"&
MVRLA8Y"LLVA9R56$"0JT'VKDMSP:9=* +1=_CWD/^QD"/[M'CK=<;CS3YK1Q@2B-9
M.K'G\Q;D^'!:-E"DFQ1YJ?-+?;W_;<"$#?:=LTOG7]^R&BOLBYO9_,%RH[]T
M0]S+L*;I+9[OB0(16--;/)*<47:R=T>YQ =XP*5!&'_XT]9*,G;,NO7!VHA;
MA#.:)!SUXUG AM;'=+Z(QW?8D)F[>>(6"1ET0_9
M^2\>S[+C4Q\/8"<3!1KX#MW-&\1P1_LP>]LVU\226?K\+;H(T*-)]P ;ZQ.F7WX/Q9KQ8=D[+=:Q9S&@,-P<0_4
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MA/1%L@A<@C,"EOP-BO >D)W@8  .16+T<>.HN !$RCH KDWD4
M3IC K7T_/FQ,LPT"S"=Z+9''S;SIFR/0G_UXD
M*>*)F\;1/9<"B1B2\5]VC(7XBL9CMG&*!>0[G:,/N#4.X9'OZSR"GRM,\+V!
M#7C"F05;6;"BA.Y]QG'1#BOI<&/F LOS,?LJVE!$^1-+PO7>?RKN1"(%\1I;
M%]]%\RS6'(*X1WHB^4'-)E-_7 2AHY#B*NZCC)'2C&TF0::,DSD=!],@RS++
MC(35AF-2 \5ZOB]_#$H5@LPB+-AV@S\1E!^#\O5L8\<^4Q/9;3OV4K&3X"D9
MQ%&) /#!^P\V^$A=,
MWSV"(0&(D,%<#'CPAM8!7RX&]7*1>0X)AD1S_C=31!F
M!R"X4!I-1P@/7D]GE#%E1Y0.FP%3I(362.0]^F )=P,NWJH/D(#[-,(^?5 L
M)--]8 R#L,(K\D4'":A65'V+=0XHVRW+718DG"S*(ZTP[!_\V:*0&L -V2/!
MN2BC#K<,\!XRTC9AD-EQ]>-7$$")7,@BPH>PX#M&F#7*^7.P7[X']]DV^S.1
M5B99MKRI#QMGN49\ZQHT\ C8FPG:R4R\L?DT,GOTGZ6R=58[K^Z'+/7UC-Q:
M%U/(&K?T)*A0]5"0]]":UN5CF,+;-#$:R)N^,OM^,TY05=IEE8W"=H(. ?!V
MO%I-?12B]NGE(,*:)9M+ZG5;%EQ_BA+[@ C M^R&1B& 3-H@MZ\\JWP==;X5
M,9;.51/7"I[$3$KF7-E,[)>]MQ6""BX(F/0),QU07DSAC( &2L9Q< /7^C?1
M0V[,[PCG9 ^&IRP  W'UM6R;P^<+>5UH+%\'HF$QRT1#OI*8ID',T)K)DSJ_
M-@,1-)T?QT_X4R%_T'+7I0O"+2-*^,C'.$@I'TVG^,1%N:,&YL8SX8QV=U8E
MD)O_%\)&>(KQ2T+3=+9<'JB%"VVYJ]8=O"7S,DD_I9DUB[MG,EF:>AO.^@IY
MS)69YM&%=2+=^ZMXEMV8LS0B(
M/* I%\H*H?BTH,W"BM"8KQS$X\4]:O@Q33[T);8Q0M3_
M&#R47AY,040C#X*HJVYF#$4CT>X9.O9$.@J%VX!,F;54/)<%/2XX%FS!L#J&
M6[90!"#F&6+7$6>,)ZI&57G"59A5FZL>_/
M%MG8(;8[$=D023FR(8X$41JI:A=C&ZJTLGRWQS9*\.R*;1!).T%P8U]L7W_I
MV/Y&[,0N#?!#,4G&@M4M:2A?F.
M>35ZR3)?&83Y,?U34=1>".'"WX$'W-#T$67B^CO6B]SQMZ5'6MZ]F:I"4.)\
M2:L[L^F->4RB>"X[_D;7N+K4U>X/\PCV^LZM1JP!6+R,+:\J@O(@=K:ZW)0L
M0@#KO9:7 )]+((/R:\)$DT9L?\:W9[[O47[EA!+/3[4'C0&)C@OG#.@5%#9B/Y>( \
MQ4@]2L$%OC^,0GZCJO\&1'UF1S%M@@R5KYC]GB%HDZ&V\Q,N"G1Z=!NR\ B*
M2/8DN'NM#P/8HYG<2_(>#2Q.@1NCS'1KOG=NUE2][\TU%&RY3HO,)%E18>OM
MF=((T.)" R[%4W@T2'*+HGA_CIOOX]+Q4IU^W.N$(V%"@;
MH>);!ITRI;S1P0'-KXP)*2 S6_?R(C!K[J))]LH"$]/M."P3OK3B@+$L/D!K)N;FUROU"_"4^6'2(#V +^_, ?']&H&1WLY(8-U/.
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M0!?&+'J4GYPD >AX%-TL_E?(0T:X%5B%* 3PW$46!KA
MF5OQ1';[\IFUKM:J@=)FV"W_61EEIR6YT3![ H6VWEP*U4-NNY?>QVS*7!,R
M29ZKU$QIL!.!E@O*(^85=P3AG_M/+#B:19WS(P187H'TCL1 ?L>@$.@8#,JB
M8GUD8;[,>8H6-^ETL2(B^Q94$:/ZA!U4T4S! T$Q@I0=9&4LRD(:)<\#MP^&
MCG.\ ,X?,W6Y2%BX,49;=+(8%[L&5Q;36Y0_,WSR0P#0L8/.8I7H&S#Q-J%Q
M%GS ;"Z0!9D= 60%?,-G)C)0%\,&@-N*X]*E'J[GT9SO,\&#NPR> 6^+[H-Q
MV=I:PNXSCE%*&3N_/B6]6=#L\>_]5$&5L#.
MPH9L X(YC%Y%CEO]V(:^GT-
M_;Z&?E]OM:F+16^#,$15G%LTK:II7Z#V7=7>RG0\5>M KY97UO'K*\4#&0P*
M3(N W]D9_[D]?'XD2NNQ*7V;_"6VWNQGF'O7 LK?0(.&H)M5P/3,^5'$WG6L;.O\
MR*V'.P_:9FBG-5"DVQ3IXH F\QDGRRP["X_UK/CT?)9+69/&R)+
M/\='_EEGJ>BC]8/R3?QN) UMSP=:SQOZEA<=7$Z_8S*S]^_GN>]FU??KK\^H&+
M;V]^%$;POW_-&"EC*N#U>93\K<),V9?PM(_.Y>_?X,J:;)]/[M45[*WEN];6
MM6*ZOW'\([WY(TAYQ#&?I''T!^79X15;7ZMCTVE 9Q,N;Y)23K(\_*2T[3GI
MJ6@BMJ2)T)@F; '-B'*<0]Z=X&P]\#T FR64' T#9SMN%H;CYF[@L X>
M/:]V_=LY?3XVS%[email protected][VBP^A=*#[_J<1.1?8F#ZGUD2)(;R120T:ZWLDQ
M/(?+H1YL"7,\CG$",%KT:^9^/T?P2"/9Z%U(\[E *T('8IMO5JEX&[MFU0AH
MLJIZ=DIYL<;W22P-=MNS$
MC0/LFS@K8?[YG8D-*GG6%R([J.-#^C@+0OJ.>[_5E0+->5;5<@]AG[9]2V7U\&KEE+C )%(XXAB1WZ+M$T@F=FH]"[V#YC
MM?3YU$=$>Y\+&^?XNO?KTE
MH;5GFV6IY1:]+"J2Z&7/==O#LYEY\TH JTV3.RYLO=\&IRY&_RVAT\5LM8A/
MP4,^6*4K_#7T'QCZ#[R8#"-"[W(^7EGUZ:_^^ Z\X/AIW7)O%35XR3,HN)1<
ME"8OI]'J;VWU)T[:2!J]H?^!4%$<*8KV5H E(TWOY'E^K^OS/E$_H1CVXH+[
M>1P]9 .->R<=)&P@1P2NE]O_N<#K(T,X<0N3+@*M&[WHV])S^^%R.L6NLJ60
MWW01A\%R2-0T^(Y_O[[6%@J*%.UM2A1Q1$Z=._B>,GLWG;45C]XIZAB:A T4V)<9&C=5FU533BI]*A\S4#R=^
M//F2333,2ZN>LGN.5AQDZJ9A.;K'*ZZ.PW4-B;=$7>!%Q;15R5 43WWYX;K5
M:J%BJ&Z\ /^]0 S#_:HDZ*4+@6R@.,[#G/MIP&9)CW$$>83S4]'DFQ33/"E7
MFGR;C6_,!B3",VZ>.)^;!?L
M1X '+.^);F"S^?D0W'C5$Y:-?@^70Z8?[_*1[JOIW3%]H.$"QW>O38P/)^PY
MY3'8V+0$:YJ*.Z(PGP>,DR[Q\:RPCYF[+/"2I/!//L9SRN$6R19XP7GY"$X<
M)PGWYU,QV4CKY>#0)6BK6?'%/& VHG>!J?[X8"P*Q+&9HG@R%, QP%
MCT^,\^GQJT>/9WYPGXPRR&!]" M^-6+W I23*.;S<;WE)M5M 8F^DGZT,[R?'4L">:D"RXG',-34_1P7J8?Z1!1CPYCTX&,S)* URP Z<]3/)5R8>&$Y@A#(S,A\\
M#WRRF*79?@'>#L+2H/E\,'Q!)&" 1W@&_+# 1^"3YYD=EV]A7%E,;U$8SO#)
M#P&@:7WZ_,U3)FLG%!L;XE-RBS]9@+P#'BN9Z>B;P&Z$VT;94VYI8=G6;YA\
M$V92$+<\/ />%MT'8^:*!)F,7,*>NQ=^20*N)+/Q-WC."A> @XM"=91>%+-Q
M!_$MX"6:3G'/W/HHD"M@^U-@\$P:S., 2%'@%K @(97@0L_N93SGLHV>.
MLD!AM:(G$ P>4+_;#IMK@2PS3+88)EN\X&2+'3U"-DY;ALD6_9HQ,$RV&"9;
MG)\"6[$Z3+9XWJ'$,-FBFBF@:KVKNFD-:2?+>%]E<^.O%+RF!&-8T^*([.P;
MXMGYIT21VS),[U)M6PN!9Z?9OEF58;.X!Q]-IZ^OIGWE>8*E)Y]JJ>'S=093 B7]V$#$5\*TGFJCST+CB&?.E>>O P'6.@RR&9
MV\-9J/F,[(X1GD\7&:8_K,[2LZR 97?SWH*VDW6;9XM>9I3XUDU6_)C^$##E"7ALUD<#(]#JN0>
M/-K1_1P@R!/[email protected]>*+G^3I$\F0N3!D+KQ Y@+>W]0^7HZ.>;G,A9._^FV<
M(0]S3$X(VZMBH2'Y94A^Z=#^'I)?]AF&+W7:[S]RF!\?!_ZL51SDI3ID"(WN
M[7^DEF@C0SXQL,/!Q7(__![%?_!!R,_C"*N+S[XEGIL.8HQ$6>K;UG@NT/I(
M;]]L[J6VR"M2(EX0!LD=G7"W433IWYXAQDC06N>+]773$&E$Y!-WF'TCIX!#
M!L1 E0Y3Y=SF78>M:5D:R<);&8 ZG!C8-R+AAWR"@2X=I\N0Y['G5'+=
M2UD[TLV;S:R^?.+NZ Q[H&0M&VY#; (!S_#34HI'D+=.6^]T\F?C@G#WP6R&
M_0UJ^YC )%2SN>F 2+#SUHV^&$8+<(QZR@#C_A&
MYRE;,5LD]R/R&DLN2"CEBG:%'GN F3W 9KW6L%W ?11CUX=@U1OKKUD*3+#.
M[*RW!NNH@:T(5H!FK0CH=XS4L)[email protected]^:X7Q&,/?_"1Z#%>_EIN[
MP?V+\-Z/_Z#9R?3JX8"!(,4N<]@H!N3"_[+?04(L:-\[2IRV =J2 XH6H"..
M-0%E]'!7,R(_#ZDHS3"[PN-\BD
MIZ@[6E5LRQ'9T8OC6-^_Q5>_C0/FO0DDRP[!%4W3UX28(=.G/6RO:DN<(>OE
MMX1.%[/5.CX%#_DP[ZZPVY#N-*0[=4C($6'(=^KF4?6O_O@N""E&25*O0
MX$N>WL*EY$)9/26-5G]KJS][.8^\Y7&'*(Z4]A,6^P8L&6EZ!VIXWTA:V">,
MN=[A!)/@?AY'#]D(C]Y)#0FCFD3@>BD6GI\E9@@G;B/61:!UHW>]TUZ1O7$Y
MG>(@@E*X=KJ(PR!=Q%D?_FGP'?]^?6VD%!0UVMN4-.*(""?6S6\2Z,$@6+$DFJ:/?MR_)HWD#4L(;:09O6O>^GR@%:T#$J(KZ6@O=MV0CCLD
M20]4Z9P7,\BNS:W;20+P]]3I?^ 
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MZR4G' X"/'M [;^"269ZNWYQ)+]&Z0W+M1)8IIMRJGKI1^RU4*1MC#1ZO"L]2IE/A4
M5'W^C.,U:GJC43FY:-?Z_);N-([<=^9".+P*$5+G4O)S4:%;.X9NB1"LM;Z6
M/$#K[%%%90K+ZFSJ :!KCU0;DP>:Q&S1P6(/ Z=U;<(H:6."UBXB54&H_B\'O1J_++JW,I^;E4
M,EYBO8M2->P2 +F"7Q2AW8\H%]\+5[.HT6_)O2X"%/4/A,1# -
MD K1;F(@(QJ&6C>8])DO"E/#.)T1IR+T99EX;[J=.;+5^K)M)ID@U>+371F]
M@R$Z"2KHVK^_:+]Z09]X.B"5>ST?)?3OP!NXP0(S@#=^HWP$IWT?]T6X#[RG
MXX@!+_PB@K[$ N0O]V/"15,^^/D35ML.81>PK0>*8[Q_W]6+'$&R'(1+,H) 
M7,!,.#K)3>AP2%U@0O R0!TPDIO-9Z8E(CBTML3M\H#^#$0;4@_$YSOS(610!%P4JQ+9DR6LROU N+3'-(B$HR, -M&2.Q3&-ME4PS/
MF@2QC-WZJ5;D+8(YL(DV!,CB.D@DQWCJ,DJN(ACA)ZLPGLMETT;\@1)W#"/!
MN[]C+\?D"JWK^3AIY(#X7NPY.1YQ'M> H? ^G*./AP?C"XZ6@B+%%^P4R4(\
MY]6PR:EFD8<>05, "3B1C&L
M-NB#E"EV',J;=QAS@5%X!OYLN(4)Q!#/5:T-" 2EH#C!Y3
MQ+=D$7(VN!I@"C;8 B8*-5=(%PM1L+FH]R@.!7BIN#/[&$B+$;GB+$DH$6I-
MW/&U]AFY%(;=@F8:4XE=+"S.A.(^G* 0]A$GPD@$)0_DV.M&%ABU,MHK8> A
MC 7LBTTPZ#?9TH"Y) IX",@$R,(&\"T;,KJBB$\Y\:$,P?E9O(V(PT_*ITHM
M3GO/2)]Y#(4* 5%52_4IHI,1Y GXO!Q\JIZJBB-7<>1/?J_BR(\:CJGBR%4<
M>9EBJE4A;Q9$_)1B>*:@OU12F9,9!@BJD4=+)U MF%$T*X1F*%>T8
MH=#4ZZW*=1K=O3.4>>Q2'2J^?(E4A@RSIHE[GK:B>P=1U^L7%SG>TNOFD4-Y
MU26S!>4\$LZ)'U6O%G%=;[4K%0M^B$TW=,NJ7*W(RM,(FMHY(QYZ@MPQ"2M8
M?MC6G6,7&2W?IAW=,H]DY-+G]V/E>0/*S+NU\LW:Y5SLC\@NZ7^9 D^GU*
M_2H:!>IZS:IB"B+DA7/J>MT^LD):FLTZ
M=;UU['B#"^'P*O%>G4O)SV7G@@@E+"#?.G$!^7*FEFR?P'.<1 DO2=MY5AB>
M:KBQNN'&EC#$3&0O'J RG::VP=LS2KA!X97LX7[@QYA6CNF\\[TY[&L[2P[&
M67Z:[]5!HAV3Y##9/$]M]V8J#6Y',OI2##12Y+(2:-VD),*41 Q=?L1U*28+
M8[(;Z$V#/*'^WW]V;K7[61C1B4CJ=8,'K&H!8V U"LUC$Q85HKLT^-\1^D"&
M/)AH "21R_P8"!+#>@L%JLO>*6:PXQR79LMG6TBS"6;H8F2,=B^(&
M,'#LLPB38Q'HNC9F(0S-7-DU!_X_8EBD 4?$*@%B*=G0KD?8)-3ESF05(/&5
M+MZ%70X";H3Q=!KPN24!-QMQ,@E%80%XCP68B>MY6*L"V^>$H5@C&="_8N+.
M\K(;R:$L[0V11BQW\+\X1)"(UT59B1"/T*>(7(3/9 )R7G "G\L!E$W $" X
MN9<6N,@!*YDX?)WT#PJX9/./#! DA",*AREDD"G#)A!/75A7,*& @-5F!4?)
M-?]#(A'(A)XH([!JH6]0T0$Y:1^^H'T?!)%. 8<[@^)X$?C4,-
M?RJ)56;1GR*)MV<_/HG7.ET5[]*E?5#*:2H%4*9 J!5(YV)]R
ML-]0T%9\%'SZQ".^2WR'VWW*P>K;R@"^5+9IY)S<44A^4'L"D]^
M&+A,AC=@=(@HA07ORV)8,@3@(?!B/\(^#2'E#]CCPB58\WNT&-F1QG+,\.NK
M'_)J\FE92\+ AX^S)[email protected]".JRP4Y%H>^.K5YFOEHE!]
M,4($AECMW+[>WD-^A>TQYJ8JQ#<\RT-^]8/RD2L?^?E]Y.;S?>3U\_G(CS[U
MB_)6*A^Y\I$K'[ER:;Q8'_D)2G^69J^6WFI5KE)#94FBZ".?$_>K6?JGICOM
MBZLZ5S=+8%:]V$OE;HEJ7I2OW-$=9^>KIVK>'="11XYEA)'
MQR^\2#P/!@F&FIN4&PB\ >6R>7W@>92'VH#!TED_CO(>XW]^*- G,*:WMQ7THFLDMY7TL4]G)*HQ9(3!O%]0  7
MZ\B ?.$/7Y3)N(]$
M&0= 9"0,\6*?1-CT!;X5<0J #;HV"42L!,8.>#,@J!"05+:WP% ,Q.8)_/T@
MZU.(.@[$"X.%Y8OEPH.>>$S$2J1(=84%)X;1(X9!Q%,L> %KCF0L@GP)1R^\
M@-0U1(C[8NMR:7ET1$@S$/7I"' ::.\_Q$>NDR-D,TG[SR(IQ$!_Q2P$T,!?
MH]C#?O S67 ';B78V2>)[&OM0\(EM'7! =%H?C$P),+E7V5A+(I85D<(D14-
M\ K!+>M8D "\8+\BT$;4!K(FV0: $Y'++'32W29!H]4Q#<-.)998KY _D!;B +=!+%-CQ4:G"OWT!%@9TR[L83N$0 = I/5^#I;6XW_@MX
M3X35OW*&H*7HJ(LGDE/-0M*0HXM;66#R3[7K^EJT["-SQ/.%'U.2V(V#J-J 
M)47;LM4&_#378$3%M.Y7TTA&:X9I02.RJHN+D,)1['A^92,5K*F"-<\1K+DA
M_'%=Q*2U(<#S,-^_J."U$X0/W@&>H"R9K^0]S3J!JI#";7![,Z23]]*HPGQL
M%5RH@@N?XV=2G<-.AR;S\F^BJ)T459XXQAU&6,:I7$Y"N_.QEJI8U6XX^)',
MA%'GY!QJ_P"MYLYM2O8.S[H0!M41Q8^ET2\*"L;!0G%KQ:\4OSHA2G:SJLU#
MS.F%E(**(U-Q9,]QJ,PWN2\V
M;>%TZ,G0*.D;A2=C#S^*+C#2\>YZ01ASX?/OHB/[/8OHG$L='2T3RK4Q)8/$
M?2L\-)\I\:G[34< P#C_@:_I3$^\YX]4 B
M_#H>OJ'Q&%9># *RS6N,"TK" =#QFP2(L# +?WN4X2]I?QKM)^NZF?F)\SB 
M-=U+T 0JG$\*$ 4PN*X=K$E0ARHO@3P8&%6&P3AJ0E@^W8K"\\0R>
MSP0&B#%VAD3)>:Q:%?Y*"8"54^P:@^/(L#H!F$4G& ZRP0U6UR7H\I5@S!KS
M72X/K#_3?C*OZU>%WEE8T47BCFB\M=!W)%]QB'P!@15&@"H6D*ARB
M(977&9NG^]\#>,H1#CV,J&)#YA(?B\!,8]&$!^9)Z]#@UM/Y7F
M0B&%]?LCC+<;41_P+&G?,\"!@&:(B*!,NWO_Y]FO;^HJ ,FLUZZOYH\8&__R1#;Y:9JWA6'7[ZVW3ZG6Z
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MWB@E*H5SL)7*'YO\Q'6BC(!A4CV:LMFXV
M=V[Y5E6BL6JZY>P<+JD"#%30D3J5&5G-=2YERZ6=6>],N9-L;R/Z)DMX\Q5!C5
M 6.02'/C$' #"Z"Q2-90$76GW)JA&,V36L-Y36Z,+7G.W7CB&ID
MOA927GQ++&&^NMA\;)JVOE&="$[#\E]7&(XF2F[ACZ]ED-!"/-L7#/A[8( \
M&$^6;Q1>@]?I=[348*FCH \R%<4B7[ DV:CMD?T#,N\NS&U1JWM[U;N]6N[Q29LUGL7& 4*P(]%LB_
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M9/UU'[W)SQ.$M-7(C?-8 (--RF537QO<2;
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M]C<-%YIK8E6ZQP22>>-,& 6+W#VS;2=FP&+BE\I$QDRKI]RGUP]-3P;Y.T%KUDJ7WW7*S&C11\0LBU5QE
M&!#618]%?- @YD)C ZUK2CD+!I4CF5?U(R55EG"KC?IQ@J$NP8ZI_/'J/,IW
M'A>)[.$YV\X3-N]'
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M^&*F82WJ"?YTK7U(VTB)!2/.X(XW]BHZQW_C2.PI2DX+7_B[%1$I92?H ?L[9?1_(Z
MUVWGYN:VVS&Z=:MF.#?MIM&VS)91:]^VK-I-I]NV3EX8^=E>YRD';,(V5G\5
M8%?LF::1?A +S!6HAA 7F /,/)8/3&@T#@:!%XR0=F(LG8[&171;#^&HQ)/X
M\@20/.94=LUR/1*&;,A$HS?M/7V@GE9+42A_31LSRM&7/9.XOK[SW*5YM+&M
MU3X>;;OY?(^VM>&5M'W5AOY5>PQK[^!_WS#L8;ZO@(-RU1L[>X*7?99/4)JU
M0&E;](M;),--CM(_4Q:4;_BWC!?-Q-YSM^D>.O.+!N(]_ )\V"4R+K=0*?H/
M/^B'E#\(:3>#AKAT2PK;+4,5OE!4W>'FZ3S Y3*B\[M952O[E1!J]'S=;)C_
M3:93D%802LI5?Y161E(NC')0B<:T<--)XC\"!CYI\KG"^@LH5PME+A_M,4&M
M J;X;C"A<]C" P(2S(E6^AOS0!\(? IJ2]KSZ=B12#LMU#9M$]4E^/?(AL.2
M%B'<]HT3G<=MD@<."EU$RXLV5O/:_#D?) KROVT'?ZH *IT@7[-DR+6.?P:%
M>S5PA5TC=7J4$OOJU4"P2MWXGX(9\2*V?W_"73$SY7S%:]PE8<'H,/2"1\6'
MYYU@UZV?\?INPK]5((F*B\7O*0G1)LRBPU0JV@LU095"^M!.21;WZ/Q!&(01
MX9$0;LM+',)FJ4E+Y9&[,RKA]EG8_KRYAV#OP;!X)%Y7L8L3\
M/8BHUKC64C#IVCO? "W,I6&H?:(A%9>4[)'Z0+U@BIXZ\5DXHJ_0\YY"59-@
MU6'^3<;@(_9_+6Y/>/73;8E%L%,O9Z/3U26\/2[=JE!-/#9FOM$M2A>F%&]0Y(1Z@_G;:D^1-'M,,(*PWVR9!P&SG'
M6NKI+HQ+ )FZCU";GDP)XY-3%T2\" 13(%.7XM,4>!=P"NO3DCB#F19QXH>>
M#&MG0)YN];H@[-X X5R"XKX[?F4UCM,E_A*2+E5:N3J/\IV'D@^OJIKXC\:*
MUJ7T:\#-EB%:N>JWD$HT5R=2SA-Y(J+A:'F\K14>[BW<]6*1)75^/XB$WF H
M,H.9;TR3O?#B7@;Y7N!]DD09/(X9_"XS[-.4^L%"D,(TP!1[1CQXSPTF$\I=
M^,#^EMH<3.M2'A&&Q0/^BAD6;@^9WN^/ZVUU7ZSH97#O7]V::NO$/TV#[H9;H4
MR\A\IZOR.2_.4;^206T%)^7?W\P'E'^_+/IREW$W?L] 0KB?P3T^R>_W6564
M9\O46Q?3<>H4FU7*\^6H:NI$RG8BYU*>-Q7!>O>TXJF-"=:XTK!,W9#Y>*-X
M;$BOM4Y:!RN"Z66I-= :@PESQ0-:GV*MAQ#&@OM_PGRAA[V*IZ!_PIS_HVXD
M==.I1Z52RC72A\D#'Z=]+4;,BK%Y'HRGY7W9@P<*:G.$\=Q8"LY%3973"6BT
MJ*"*!9Y,YU]IGA!9 LLY B4S2 E >+;X:L?-*C7]A
M>H]2XTL )*7&*S7^I:OQ'PG:\4\;I[R'%MO46Q?3D:NI._;.S6-4%.(ZA(_A
MYB.AJ(2[()6>G C.]ERIU_PR^7+MN8WC%MVF,TVPAC-@Z9X1HVV];1^Y8<=%
M;OH2K*TJ0%.=1_G.HZ15GT[.Y*RFWG0NKBW9]-C]TVGT1GMG$JI:BU!+K]>/L]D+U&2?11XK
MM-ZK'\ZF]^Z+1S7=;.T5I3N/RM3^/%EXFJVW
MFQ<3BP?WEZ.L0R6+KRKORJK#W=6)K**^LR2R?8BY%JP.OQ)-4?-8MS@4'2K'
M&/_$"7(IPV.^;"*)#=YD,!S\SGC6[13?HL/8TSSV@,U9PTLM>]IH[5GV=(<6
MCAMJCV;M&-<.JTQ+5^<)>U@A!]3S$6:4\!7]PB[0KK'!0U\6M^B*V@3Y ,6F
M6%;CF2=:7FY\O4Y\WATU$.7Y.^6[=KC7:K:W1;7=MP[*YC=-I8G?[6:C7,CGU;
MKS=/79->54DOI;B@JJ0?=NK*A\:J*NFJ2OJQ0:["K\LJZZHJZ56PUZHJZ:I*
M^H812EA>6(%,A5RI*NGE0C %,G4IJBKIY:>L0^Q854G?DK)4B%#YG?KJ/)1\
MF*Q%54FO@K%"54DO75=6G7M(G<@JZMNB[_L&'[ATE@\H>]/#!O"S.^91
MWB41'05\=C '^5VKWKZY[70,NVG:AM.Q+..FU>H9O5JGV6K9=^W.;>VK]=7Y
M\5_O"1]13&JAL X19R96](]?UBQQWMG?09\RWDR@174Y';#H?1"&-/S@WS$?
MOH>[ZQ-U*7M D(7SW>T/MMF;1LNRZ[6F8=4ZCN&8-UWCIM'I&6;CSK+;M5H7
M-GWJ:("-T1Z?YXJO)_[Q>#(AG/T-0\Y' F Y>9*".8D%0-2/,!B0N"X&$X0B
M-.1Y$0(P3!HCH&("GAD3L"D><(UCOGZ^F("C3UUY?ZV*"5 Q 2HFX%)U[.K&
M!#0OI31;HWGDJA<7Z/CX1!\H#XF'D:A)R/')$7]_LW]]YXI]E4M+WYG83U#(
MH>)70'>,:K 1#(X;=2*KJ&\+[^(^3K=Y]]T-"5GX8=B17B1X[R-X,VRS:5IFRVG6>W=E2]M%#]MD2GR1NAO[) 9P
MRTQYRMD$03- R\E -%="(47X4(?R($2WYC""KS#"6WKI_DT)C[Y@09!W.(8O
M DV)I\-']UI[E>L=W;>/5,\_WLYK)=VW0ACBD47CU/6+VYER&(M-
M$88CZE,NAH??Z52BJH#Q'[Y W'L<']/+L=S./A@
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M1$J&2(=9!2G7Y3'%R.4"3*\PSC/$*I04^HJKV24DQJ^*LYR.932KJU&KN[!]57I[%YF/_B\-(
MYFI%0:&O?="'=1/5ETSQGR-6]TJ**0\)X[C:N'JE[NP2]$.LNIU5^6PN]/*I
M9HDC2V^VCYPD<@E4KVSY>]ORMS+%S]OQ/_ 1\9,8GFZ6LP\?X/6/G(8@"(J/
MPE$@*P#<9]G\MUF%B"-4H>G=])P.EIWI69;AW-ZVC':]9QKU6KMF=GN.?6O:
M.QGZO_S[W>>>__XIO
M?W^K=3^\__#IC<9'_5>F#O]Y+?FAY(V !M,@?+O $^67,-J[VP]?[N')53TH
MWO<^?P:\RR:;6UC**\4*C$?:_\8B Z%LP'D'WZ@A3-'B]R73W>]8V\2ZUD3I
M T%+4AD!0%*OH%\G$4SR39R3I3P)R3S2<9+\-0G
MY!O-[*02][email protected],5H3(!6AD- BX0\)4^0\?-Q@KPR,EZ\[#'21V\V7'CZ
M L.$)Q,N SB#TZ]^32.1?!$6E-4Z6BV3I(QIU9HX?:!^3,4S2><)8.II2$K^
MEKB$!'8#Z79 ^P"HIE3A"L8\8+!_+JD_&@@WPFC 7@
M,EAJ'Y,+_]T$)/;)G![.*@38$^KAP N%C":D(,=9RY1!_3)'5+([1N?]C?@A/-#,D]J# P]F
M5&BT8Q NC1N1'YNW_L_TE^TD,&4;(@"08A-
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M@$#6 V5:KB_G&;CGF-AO3$Q$-D3$Q++F<
M9@0N%W7?16K$@6'8K>!59%MVIFAI!+8.Y$&E& G"9C#RV=\TG7F.%ZR2*#.>
MD@BB0E&3T$QX6Z*MR4I'1C TXC ISH6JC90HQ5[A2?$,LHA PZ=P!>(H/"&!
MRY=2H51. CQC(K[J!Z!)RA72A#@3^1;>%,\*F\?6_$NPW54<;"/_@K?60&#J;XUS/$(\&ZG)()1[\'USFBX?K62$J?$CN#
M, ]T017E!&441&F,"@+%$B0,'FJO)%-IF(W7V_):9TE"2JQ'\30S(8I-(;X3
MT%P?-52K.1V#ZHSTE]I $NZ37.Z38$ ]:=G)N%7ZI+0#9MQ*VN]1??Q?B%5I'@%)& =(RRF&4/S"7"L&1 +%)$*!=AP@[M3#2I L8>C0=
M3&CK@T1USHV1V9JHL,(*48>F?A3)M)!O+$U_C=CUG]@3Z%4OW(P/@32CX?*F
M0LZ5ZCF%C7#9JQ0_YWPL-445S@4-_4![, KR*\%C8"\!I_K<4X_,\V#U0LJ<
MYXMQF%P%PI['PTC["V[Q2((2[8$+=O"-=M868L8&'@CL-(Z$/P-&\Y@\2S^Q
M9A3FEK:*Y\[>E"P6]TTP5PQ9+&XQ$92'L8.6(C2_6#AEW3Y
MN*$O5'IQ<-TSN*!"ZDF,(!+OY$TYH7#^ RD:/U)A^<[X.V(*1N+)RRH_5(E\
M2P^&(>U?B2
MF5JD W2E4:O\T#RMQ:4SY%4M;E^20
MV5.O[N-^)+6%6MVHF:_?:/?2<#%+.4XQ8D7Z'/MXB[X+T4GOHF0:1@G+6) )
MQ/7ET\6-D(GP_:$'.]^+=/AD7Z2NT25)(;OQ!W(9+%V&3-)-N9FXN0MB #Y=
MT$CZ-#=9"WE>K&[)PTJ *W)DM[#<6+JS$R\*S$#U3,=<4D%2-6,KDXA49>N;3"V)P)%X]M/?0)2 FU7:
M+@HWFC>;5T#$!8<01HTI7W/A,H81"J* M- @TBR>%>@N =Q(.%@&%XRP ,S,
M=_13[;HEMO*3,!(.(+@(*A*V!
M31*I&!/VA,#%J<04=V[(#'V1RCPZ FI _1G-H.BHC6%L>,UC$^'=FP).@QH1
MCMD4]/OTVYRIN &?!H4@"!PBB9Y*JK2E\:%PJJ]$=GV$=N&<016R?'0AP,T]
MX@4@\A8>$62!1>!&9(1F8_<;,DHY(TJ.1=/QZX*)8QB 2@-+2*RZ\R!)Q4UD
M=8N16X5@5=C -(:EN&(1<%T]H(HAG:*)$5E&TQ@PB@&G,631_ "O$]\\IWGP
M$:8\R?DI'"U%Z5OZNF=ID%%!ILV"O^8/3FA-6)M ["$Q7@'W3J\S/T9>L(P+
M0JL,)7\?H@:!2/@8Z(F*@\II=@D5;/L9.:S4U8O&0(S$F[W1V&MMZHE2"GAV
M(-!/IF,9'.IKG(7?<&4@AX<(  S=03L6DTP_B3[@@!;"95 (GY/7^5N-P?!S
MVQURZ128%;P.R.ASQT!R91J(WK.<)':87BK;#X0S488B^UH"MO+%P!T(W%BFW6'^ +1X+@],& &B&? >
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MHI](.3XQSM"%F=#HF7D/
M7QX^OO" <,NB+E.90.Y!BWUT%@EK%1M0(>)[5#"P,)[BLZ$XE@6W,FI8_OR6
MA%N"3N 2'ZY=]X32U. *[email protected]*(*O/ F9],SR&NB+9QNPF<3KWUFB),-$A&VY+N>N8N2I\34
M,N@P%E)8-ILDB&1/Q N#A8VAJ3O%F^3.E]=R&C.0./L3,V<:*0;03E]#F!*.
M5U9HP+2&"%! :S(I#IA(Z\M@2T.)22[9IY'9@FKYXGVY-E;@ZH?5*NS\"\]P
MN<$%VUE&XPF9B8W).+E\V2*.;DXC7O&R.($-(RQHU<)$ 4(#R"T%%3^S2N1W
M\JK(T>>JY//V\:>O]3\27DO)9E!R744
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MP-R66)L0GI97N/K?2^]+<[H2P\9RIO]2:OZAL^OG<_?O".-_8I6<_,DC
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M[1;S%\:D>&\\G/.4ZGDA]NEY*N2YD'BYJ
M;E<_+%W_6V>$;9O]FHJN4G0J9&%+AY'P.<#Q94&YB]F(15@]4TG;AWW8VQ)F
M(DF*:.0Q@[L KEIAA,J=5*)C*OLK+@BP**(G*">M+=,X]2FBS6#ENPCQH(^1
M=P(5A#DI]O-OKK4/^:_)B*DLD%"9,(L$_20%/;EUXA2R03W.;20M![\YX^4$^SBKSC=9;#"D+ \AKR'0I8
MB#TFP]3FABD)]GW.LM0]7&2844S.;?(#0)PA85)?/MRCV/L![S4!VX*U:_YN
M^[\Y/)@_]2+;%%+G/(Z<[H">L3W[J>V%#)0?T/&?V-S;!0J9A\SJ<6384$I!
MF2];R.5B\+>)?WY /2.MP)#Q'G3O2@-K0A5+#$@^ #/#78FB/S 0B8 #'(J+
M-_"FREE4&4^H-G]"[PKG(,PH /")O-WFV*'8*5Y><)R
MXAQ);:\BFK>/KO[KI-AFIFSEB3+)>19OJ01!)F0FY$5A%Q".]D4U63BP,[:5
M6E+"O(!/(=%N]?*3,' 1@H5Z7"IXAIE$F5P!>GK2FBVP/&7ILC[!]L4^I*FA
M@>@NC/+E..?/R^%]8:ZXYJ;Q#55:A!>(IG>KT,;3LB@B\1( +X7CQ T9)IH 
M8G_^I?!JS@1%X-O29)!V*9G+V"76R86+S*TQ[,,0Z5'PO @6
MR@T618$0J!4DC*P8@0A,3S(X=U[X%ZRT4X-_:K"?-DN!6*CTQUR)6?0DF27,HO8DHB="U 5S J
MJ8XF-24$HY(Y"2+&3C 6-))BJ$SNG2IB64$RBE(CYK20@;(/&Z]D/QS+-/=K
MB%-O/K\ASH8>.H?Z7DU]*5._Y*8[>\]\E#?.O,+-[^[?26B2VMS'###OM*M_.:Q!K?6E\H-CMP_\,^LT=X=+QJC+V_SFGV!
M>ZXI@6J[Z\9J;83FJ[0HFNKW>:R6-QFL.YM,EPN /VE#K._8^ZKIZ.VZO=6[.S>_.M1U6>4M/N]^7[&.
M[39?_DZ9"O,56BBQ =?R/O!'Y[\WGGG 2YC3;AVY8>J9++XEW.@A2?%E< U%
M#@I+3G6W5%Q-R934]WDH3\DUU:,\5\65JC5?[)HO4"[N!B .\XB)N#OJ,YGT
M1:LG&ENMMEYO[JQBOK)>5T$NMIIUW:FUE-13,JFGA/2@,*64F*+D8WGKI$TY
MYYHP5._6L?6V=6XE])+VJAB* EG)0%85VKI [>93,"->9GRITL72KCF7<:N<
M?Z.*/RJ0E0QDE2 LI622[I%3NHK'T9KMQ&5=-&;:J.*<"6=\=)'W8/8)6WN+=OZ*5DGRO,
M5VBAQ 9J^)*U9HO=LT7*!>_H*($
M3=ULM7>]W"I2E, V3;U6K[PB_>*DGO+1@\*4U5
M,10%LI*!K"JT=8':386+$ECGKB=U,1M5_%&!K&0@JP1A*4WFZD44)6C7ZY=Q
MU91AJXIS*I"5#&05(2U5E&"[*@3%"S-]WCTT')MY??.GSF&IN
MDC.JD4D0^Q'&X@T"'E
M'+X?,I_X"!!YHUZ+A3&<_9[*5"SQ0?L=QM::VJM;VH]>:T.8#8:F,!+SX<-$
M&!2OCX='VPL6 LLDWLW)$<[/Z3E^B+F6Y""EVR>>1D2$.X)'\_(X MB>Z\4#
MW"AY(,S#]1NP82,D /="=)MX$4YF[;E!/$2<#J@U(1.111F.<,HQX+*=D
MOC8A_!O"(QH3P!E.<28$@ANQ!WJ]9B>;<'+*:8BI/(A]."Q]1'>#(\L!Q"\OFE,\+#P7\G
MP8!ZH9Y1*3S@DG",0WC!HS:AT3@8@. ^PID!>"&; ,K P5%W[+._8'Q=+!#.
MR@,9&:C?1Y0-@9^P(7,)T+V8 C<33Z9(K#@,\Z=QA(<3^T$_I/P!L?"Z0" U
M7$$&B15T(5!G" PV>(1]O-GY[!HO_)Y8J$:RG0!0O%3L%9=*)A?9]O8#6<]?
MPM*\7EK08)-GJ;\DO=7>:K<)!0@NM,1#\!MWS9@P$J<>0=*( LDWW;]B%C*)
MS$.MR[@;OV<1LK(L7PU3U&KP(CS)!1><(PGBDY&HE*']+QZ,Q!] %)2-U@PG5R'3* ^*.=0!\-"[.*RY-(+R$
MN::4]$ X"^(0%OM ?1@_)]4"8]  ,+G&8PI.R 3"2H"^)S-M##(H
M !6 ! 0/?\P!9))7'EEU03QQN QWG@PA&%FT!/ID+/A-[(^GI4NT*6PO&. -
MVW&C&'FV$);@TB%L ,<\ _@-A[A>'DS$P$$?<%I,C=.Z2,*#0XHOW^=O)OQ<
MY&Z-Z7?%W;]&>*K>6:6/2!X4R+@:,,X0J&&BQ]G@((S*50!6?:!2%#R
M"D!*$FCHT^^19CG:C!*.HX D%,;(FN!A,N)4EO$I,CX&PH'G48GF0/6 ^C")
M!S*>'\(3 1="FF!W ZT_T[X$'"CZWS!^I'4#D+,DP0%7&C.@H4>:/PWTWHE'
M<8@,"C9H7V?0+*20OL%-@D/ *0>*VW5*YC(.UG* !"8<1#<_XJ!4O&*'2(-.CI2
MJ(M#2>R+0SHGZ^1#M=^&4K.:P-MC2@;)2.*V_TR)3]UONCCC_\"7=)9Q - =
MP[C_/V I@NO@F(70D[AL8\2"P_BT5A>SJB8XC)M4VH?CS2[2Y$+
M9?K"3 -> >P*AE][J2<$!2( $=(A#"#GSO@GR:A.P,- 4( *NZR,PH[@[7R6
MOH!>/ V$8E9D)"G+WG()>B:T(&@2AI// U"4STL)4)]?! ^^H0!"I?26LD\X
M5>HCYV038.8/DM_CCMC\'E8QWA7BZR(L\"QQ5R!Q)&EMDK+DU38O9VTK
M9>'L&8,\BIAU1 / YZ)BJR7,-)[ I<#^IJ'$0R%.(WWE< -*"(5]+=/TX1).
MC0-2RM:?DH:1BA.F /1&X5*#!\;!.WA/@>\7\
M?&Q5<.F(L0TW=,1\81?K$X_X+EWBM\=V2^Y8;4)%4QX%'SXF0N=)T> B'/J*
MW>!UN4)V/3G'V3<0HG[LD@3;H$K!E+M^HR< YC8(EHAE C]RF>R[E,EVT0$J
ML[#3R""58@$]?U!-<:,4'26K3O8UH*Y!@":KLM']85?V/,(OC^TI-RX]ST^>
MO"'L1]O:CA*/K[!JHNV.N"ZGB<\G,43EYL,!K"&UY Z':#9.5C0E84A&62>ESGZ<.G23 [email protected]"M+.ZHP::-A"\> \0J1=#  FI##/#9,U[+P
M+30L$SC6D19$Z(W'#84Z.@-'L'-T-#X2/M &:'0,IFE80AX><3\+X0TQ"CK;
M/(P*RJ,._($V81X-H\"'R #%;+#8_!X
MAALAG8-1G^*J4H.P)JHY[W(<2\3_4BW%//4T9^%Z1>)&3X$R#9_9-%Q3IN$S
MFX97Q&N^F^3,.-LM=>Z+5037MMN^8HFB^72;2\*WL>U9?'6$N_3]%NM8452+5%2Z\\N>Z[GW!M9]_P35*<+^]?)(OQ!BS*=OZA5X,U;2M6WJSK3QJ);-AEW=ESZ/[\EO7"^6L
M5L=("UNO,(]GUMX%FWH(^B"&U&HCZE..-0VPBMX J\B$$=K&'^AJ\_H6T:F%
M,.ZK'YY8Y-P2_36I_S#*#@'Q'!'^"(42(.);6@*U068$)CWI%>0]\4"SHX9 !&H9B:=1/! Z9TZIS%ZM9S]
MC%YV

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email protected][ Z^;(Z:TBOQB1>.K$:!:GE6ZR6\I9R,&&P@_ \S>BSE;1#A2N M;A]F/F*U(U8[8K7Z0YZM!VN'P*3-#DD>46G]$)=83;0/IQX1K1'1&A#J.1X\ M2PC;C8@6_&9^>XC6]FZZ?EW3-8#R@KU/46.\*Q2U@ACA Y7[2SJ('RX>L>_N M&JW[?X<)GUVMHG 61^ZW%DAOMQUPL"^;M^+IZW(Z>7:V3$\#.!H 5FU>ISN* M4^7?= ='E=G/_E*]JFKKND_(\2;W*:-X+LE+U1'1[I'K#\^=S2D9H_//5.??%[9Y MJ=5U164J17RM SS]-CLO;7#_I710O:B(HQ716VL'0>U."*1P832WA:":/:=( MV#N!B#R$UZ\QU2,2GRS9Q&<,!' /.VZ]4]T4/\SF[8+,D MHUW-AS-Y$ATM#M0PP&4UAFD8&*9A2RR" NO->9/FOM$@P6B[4F-#@3_%&6U! MV^[email protected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email protected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email protected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email protected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email protected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email protected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email protected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email protected]*.D=]>\.EVI3A72>=E/2 MGG;_DU9K#H/-81V7VJV+OG'3*Y"^IH$?>4N;C9Q1DX=Y3"$;G$E6$^" MHWP;0.0;NMX"< \=+$D?L)J.%FG7/4Z5G8,).=VT@#\*4<<%43_1 M(S^)J GAPCX=D*O0*ZXC_V4A'88D+HL^0T9/&MW&M?_G%V_]\KM'7%(<^#@9 MD5[I6)/%[&/PD?S*VX@_JBP!&&2I&K;+9*8MNZRX339 M=T%B$ LGM' 8XLU#'*S_=N>&MR'KC;'YD[L[T';+#R]N*+KU+OFR241(<22_ MA^/,5NE9[)0R8J3/:!4E1!8XG#QB]&FS<\1& $+1$-([9>DC+OV>2/]&J8*B M3,EX2^B3UQ0\*ADOT?DA?@E"6FQ9ZNO77@)#8943AXBAV_4W+==Z.MX"Q5&!%WGE/E]G9 M80&@"F3M055_65NA%;3+"HFO!O/L EE52?!(8Q&JU&?F3X(AB@VO<-1\-AT) M4,0HG5DT+?41K0DTZ /Z[S^/1N-\.?7/:'8V&HWJ4=\_(S\HSU[LX& !;\$(2]H,CY#=%^)/7&)UZQ:4OK;F3VH+)FR&(FYMH'0MW>]35)+[=S?%/I: MM7?FE'G3+#J[V)&_H3U:+?/$""6+$KK,YLHMV$!;=>J7VBE*G7;JY&#D9:4Y M50M:M2F8;@5]4BJ#0:,7A'P[[!ZO=T3'WM9;5SIT7.)H'7K[AAWHWF2,XE2- M-Y7.FN-DY537M@+3A-6N"-L\FXZ#\PF9!MZ:'=U^;+ MF.ZA3AB !VN,-]$GHH*+P'_#84RO_[3=1F]YPRALA6PHM/M OV8&?!E8U5A$^Q MLH"P1^^R_-D-0]>/WY-"SQ=)R(\W73DKN;?-XE"&)94&ULLP"4TH[K>\] M;,YJSY9A5W[[C?1!I&:WT:]XNOC)W=%X>T 1'V(WC,T+.:-"?L3/GN\/+:>, M4QU 0N9:&2V\05\3VL ^5,7I5#RIM(;L\:?)7[W.4R-2+X-[TRI'"E4N%I-5 MES/-J0/OX0T@>@Y%=\=NO*5P3+<&[(.ER':[4=FH*R!0-I<5Z>K#TOF>62BV M,R-OBI/)*L\;%NOKE,OKP/=FT2RR-,&#.;L*!R.FHUF$B@\0Y0T[$TR[6)W([%3;' LUHU7"HT5G5F%Q]_"(%*& M(G_)!A0R3N2SQ>/)> MCZ]C_*J,M/Q%&]"6<:-P16R\DIGRT!=*&S'BMDUY?:66B3T[I 9'8,UPI5!8 MUIA52/R,E9=^]!4;T$?X4-AAF:V64C/=Y^9RHH!X4Y=39I83E$T]7LX@=G>& MY)SWEQ/'G8WWE9\>;C[31LPF;.C$,&-%G([,YPXHM0M M0V1OL656SSB*O5=6R.K %;#SWF"J9?:P8REH5M2GIU)OTO9P4VU3)#B%(/F2 M\8J\71Q)&]QR-)K/DBJ\*5'DY8VW^)58TR6]-8LW+HM7ZRL&=LAB$&F=CH\) M5U%7%GQY%5TIU0SK&7YGM1B4/ESRBC5>@?,C:T;+V6*V&G7Y!%M<0B_9.AT" MIVJ3,^@EI]/I^#A9D)!>!7;='J&@'X@@_IXPTW:(*O]W@P%Y-JA"6\_HUH+;H):!MHT?=I?<>DK;SI) MB\5P@JC0 IR11#]RHC\!(4*CH$Y)T&B?;3V=XR"K841A:.)D\4HA1LGF-25S4BFM3^A *=/3*L.IBR'I]I_.>+)(=J%%KCRBK5'W MG*[AO2?-8I;=QGD90!&Z]E%"%V#[2;.HS%=C1WKJLQ-L?OA=' M]P]_=,4I+>^8C5#$C"@@#UEP2U 8\V$)2%Y U[#H\1R7B$F M6S6F*S5<&X[$N3Z)9]1ATL?ZQ>9)9$:%?M*MZR6=5R'SI0H(+69- M9;5CR^S>WGJB[0W@F5RY2O]B,FI$]R1G'6CT>%-N*C278L MFH_%>QRFHZ%L.)92I@-^8"-FM^4MR*H;49(SH)+,8?\X")6]PQ%JUY,4#-[= M'6WC)"Y'4GW$>)JO/+[\*;G9BH1>/)^7DAAV9A2G[8X286Q0A(X\W%%R./)R MF$FW-=M^GE=KD!9BTJ:MG*/SW2[X2K,.T6]!L!%-R(V/&IQLF\97.$4T3>ME M,CHH)W2&&"F8R5,G$MP["#9G1UHF+1Q$3T\U(0\YK;596G+.$VH"#AK^Y M^D9;+3^ZW^[<=WH_MSV_W/66<< (69$WL]ED-2]BAU6S9$01H8H2LL.FFR61 MI$O:4O[R3^>/\.CI-,0ZD-J5 8:I)#(5-U&I/F4:,_G0"FU:E]-9::$&V!3E M."&.Y3][.HU$>*XW?57Y$@8!) M1$ASI7(T;I* ):5.KUBE[K8P@#5-!0;30K6YP&W\0H*W!E6 HE#9M$L 5=,= M,';]V-MXNT/LO>$'O#Z$C$TRC^X.)+RFR92+X'5_X"F%VVV:>[W#X<.+&V(F M3[<-Z1@$Q@=HX%RAM@_Y2X.?*/" $%<1X27P+O$,Q MKU('0*4 ODHCE 7^3->G.VV?)Q_7Z!KH)'U?C]IFJ[1DQW!@M2JV@M$P7^R3 ML3]<'J_6[\/W2<9S.K\7L ]\<[T=Q<.G(*0KRER6+*&TZD 5SE:M>>1,7!7%MJQ4/AXBXD^BZ'S]]X,7>>Q^WL?W MPM\N A*2^,_8C\E/D;?!(8L]Y)%:Q+1&JXG@_/;8)WI[[$]I(3*A"MT(76(BX"L[KTLT?T/+ M7*$)NO9)"&Y)_E@;@)L]F)Z/!NOC:"GBZZP4][O@ M'9.8*'SSUICE+S[2IEXTPX']B+D1>G1IG20[Z(FL9Y]VQ;AC5PII80S)=8;. ML4"PKU$ A=C=637$)2DK*.&%)^D^/+'F+>B3SM!^\4C4[]B-#B'>W/KW M-/]&JPX0:3W5,X0ZQ@!Q@AH85]B_F:\:UIAYQN4LO2+(+@X6#B:FC-"V?1DK MB/%BH9LSKU/FVLJ9JT^>[_IKC]:3RW6:_[)1NVY<2G_YR*UJVPZ'J!'1S4Y0 MUQ<$=GR>[\6873NM-L.66QIW$H!Q61U<*13LG2X7#?Z(T4_N+#=T1+=C2:I9 M"[5U9G\M /@#24,7@%U&DW8C62%0D:9D);9[3)#SL=.PVI(R;ZN"BH$TTWPE MHJ:1TP"Z[/2NI$LMY1FD!O\CPMO#[L;;XE94:R!HNO3#4=S*6O1RYBQ'29>P M#.NW*=:1".M\6$3'-5P$UJ16QOVU@K@S_ +F#8TKBSG%JZP^=::+-\RZ$EOA M'?6YE:Q.QO$JA@V3: F#K]YN)Q\.U=\ "7MJ;,A/XC,2O]?#FY2@A8',L;+6 MCNZDW0//>>_LHO0TYY$?[?DHKO9J/I01VFISR-*L-[[ZQ?1_'?ZIO MKFZ50.5X\G!AR]&\2\] T_%XL:H$,:PE)I)LB8G6*2)X-WFPH,:TSFI>,.^4 MBNZQH!]Q$NY4O0BTWP16I=#)9OGE:_^#I&XM"(ZT.;:&4$G/IX$-G*[]-\)J M$+XG)6L4DTH=KX.$5.T\*6T=-]P*S:AG=9C /<; *N!--H+7?>"SXY\%)5A3 M+T/.C)L#+ EEP6,TZ9YT(WU)LO$E,#Q6.5$RP8;K4@6:5EUZU"!K;3]&1588 MY(F,4XRW1AU9@S*Y/=+:"]#H4MO]FXYFM>1@U=KLV/ \4L1V0-FTFRDRP4X< MV;);2>+AS6$=_YG$O*X?OZ=')]X5HTI),B!XD^--Z>))P_R6C(+28;)3.^\6 M1IN#J*3YGA[KW%=7BAWP5;/^9E KZ!(%';79^/DW$%*\0PQFKRB;TK5ENE5J]C.46*#8%;"C(58[5(<+$9+ M+=58MVC6AT?ABEPW!1"D=K*E$"*NI@TGD\N-'GD7<=[#R*K;:;KU4 N5C]"# M>2Q+FWLSG.64:3&BI>-K.2KV(;O'0;?9N+$YLLB2;0JKAU!%2U2=UD(N*^H" MNHMH3]OO 7&+@FO%IE(?WW_#P7/H[E^\M4N^#'95#P=K'Q#(>>B50NDN3L-> M4<*/6I>T,UI3IL@88IQ9Z:! U9TN-5BBA'=,*6F.J);?5+3%?0V#:9&G&^#; MG)13E%W@]"!Z"LY-N5[YN.&N1-\^C[:LC@;76,."2;?&K/=44DNKGE\"UN,( MKL#3U.PS9ALO']_S9^[<=W;LYZL;;N2*#"1>(L6&+>S*KR)JG&E:1YKV6)K V.S =W\I&7\86Q-Z:K($?8A+E M_>%[<<38/E_'WIOZSJV>42SR:XJLJY1 ;CI](:[\DS."&">(L9( ,67&PD4B MA%JK6:[[AS_^R9(DEE88JOBJ/AJWT6,Q[F_WK.2L5BQ*^+^)QG\[/25'=&^>'J=I/CZM\"+<1;06KF3M=;%8+%>C^A6SJ$ :848; M[.Z8/C%K%]^+I!&G#7AZ?#"Y'1UR&[ZG)8'5AAM873H##F!JW'T.8IP<[8MN MPWOO^45EVUZ5'DRXHL:D4KZUX;I[<;A_2FV;CGB6'A.-4! B/JJ-$P)'$)'TT/#@@4A3?ECR)9L"$+5$Y&(R7BY/+?CH(Z)< MX &1A1Y$7+EX RY7K(9&J3"C?U:WV57P#F#OEW@?1%[\F5J^JG38[0NG Q68 M:Y++49++6(3=96JE"+I5%8!(N2?0#6EWN?.G* [==762['S/=^C#B/VWG#2ADAH&%(O&P6H M#$?2UCH;+:;9M,;$:_X]. 3;##Z<*1U46;"NR" M==6?_^1..:*S-6T*.E2R@YQ#@B.S'M\)>_FPV M;\=Q\=)&ZYV-L^3$>,)*TC?6)C=@1)G\[C .MT'X2CL#(*ZJ@!U11&^)^%M(4A7YPTGH4S M-KCQ@L)HM%?VB5-V6>Z"GQ$G/B'WR4'N MDX/D\B7FK++V:8Q9TZ=(+?T(^51^^4\%,0;K$7"^WG='Y5- YEBW42QSTRQ&ZK8+54L M2^'3I%R2XZLE[_XSS"#23@YBBI&SB^]K#OH<^'RSZ?.A[5B_L?&_BSFD(I32 M*;VEZ3DB8Y;\R-@=Q/GSS8@K'RB;'$L.K+9VRH1"!:D0$^M[6T$-_V6M/_-JBU[-SBA]/_SW M->OP(V!@NR"5X;^+N:(LD\(UX_'$^([SG]+SF-_I+LA1WX(Y;L+1*]%\]6(/=T](6NB?Q$V+"M/RV%LZ.C?6,S;@)PL -?(PGM\H9H>1WVVY4*P3 M:'KN(S1I^J3BYAM!9QF-A$\AUKU1;5DRGRPF$UW)#,!F+F":JY5!&49SUD=9 M-0!JB9]NX-O)]&7]/48,$]D#+/7J3+T*7@U!7E4.L>M5MI"+<+AAR34 MJ"_D*\G; ?[[9 M>/05=\>>B\X/\4L0>O]HKP4PT(@GX34[Q5#*"4WU.4O&&$W%Y:SQYR.4,W=J M#E*WMIE?O/;7M!XTI@E?/U-;Q'7EOKG>CC54VP8A\J+H<+*[4_(@U^,PY3[6 M2?G)M') )E)>;3OJZM0PZ)BGX"ME!%$J]:[O\%Q>XR1WE@7NX)M06*3S\OGG M]'!$NGV![D+O1/VC"KBU>$CICP-;AZ2]7(K [1D9\F1JCLC)(PO$Y7CLS$>Z M*HVDM43(C"1SFI??"L] D+->BBK"Q9:R'N808\A9WR3BF4BM+K.XV5!=T%SLYDT&[Q M=KIN75=<865F/D,X'P@\YAX4TEJVX.6^SBEF) HB#;/=)1SGA#(/->:5MJ'U M5==N=GPGN66E2;-)F;B"-KZ#VP!=T-290VC^ "<>W4G>0# 0]DES:O:7"O>S3CZ('.@#-9>R"#,]K@MZW'G;[S+>5'4R P6B2E_XA"-4 MG-7?> QB=U>.OX>-3MJ'/KTXME4>A5:LRX6^8P=55XU+Y8CL6=O;I7UAPI-7 M$4HR]. .UQ#Z!XB+NS_6:;K4]$;!8!4[6T8Z*8=98U\^4AHOQOHJN17\8\;2 MR5XTU:9=Z"KQ!@"IUZDU*_P4?5A25)D>>1C8AS6-=$(^K(%]>91-%AJO/%8K ML[,34J=;FUV??K^#&NS=J-3IR$0Z/T5'5BXN^5L81-JO2;:,=$*.K(%]E=LL MRP$VH.N%U:&/-;IZQZ27I&CI[_/VW/WN*F M='IVD?I/T;,7[G<925>*QSLA+R\40J%OYFR(/:32-='O(B&I2]5=9XU._>:H M+)QU^L'V;W/BWG#0DT:G>8M>Q+Q"JYG9^RP+?W.L6+-.JM/)R!+C+TX>2$+M+T M$$_!">CL GYTHZ/3O$@S_ =2OTAC4^X(QLGHO$C3]PN?XKJ#=[,X]VE!>4Q7 MHH\!_97X+I&)Y73#Y/E=*3?\2>MC0A44,H_B@/VZZ[KE096 M-H.GR8Q^O._Y4KL>)Z0SG-?P::THLR4,62B=;[*^G&]=6 M_*_/9[1R-12)!&7_>23\D3G_CAC?9_<57P94S+[!8Y^A;%JY].!?*<^1M')) MFJ]P__B%T[%UV_S_[^[*FAO'#P*K&T5#*:^+X#K+2B M]K8/X+1\D:C;P!"9F'Z9. G_U48RK4(/C8K;H%,'E-/,JF ^F&(69>1;KP9Q M#_UXV]8/ZD3]<*5! HXGUF/CM'RQEFP:YS+-I\-XXYI^*S^O/Q[RX9Q,MY:! MW$3/'EG_49VD3Z[I]8#ADW79."6?K"F;5K-0C>[7RCZYMG_,S^J3AWTXUNFT MGAG(4?3JE=L\K)/TRN4^#[email protected].#4_+%ZF*I(_UROM X35O9#5>[W_R<'GBP M1]+4+^=D7*^^-^C5ZVH^(#2'&ZQX&R"9G::7F'99R;@ZQV_,BMLKF3M8"7L< M&=RYTDX.OKTD*;)ZBHNLSI)#K]%WEK23B&__R'=\* AEU-D<(:'B#8I"]U== M%7QA"@G8A$&W+%"[BR!.6R4GI1SH*C(CE56$B2F"Y9#2FG0N5-C\):XH>:/DW^P=Y\CYR M'R&,6RZC@LMR@4NCMG#F>,\/H3AFY;[1(.21R_^HM-61\ :C\[^("XUP=IFO M,!BU7Z&JD!3HD6\Q1;1RCYY$M%J*:&YR;3+!\E0K50L*AKQ=R")[*.Y(_[VA M;_3@O0)WUU[0!"GE^TTB3)4IC2#O,MO>EU#D>S.R#P7ZA ^ C<"!5, !^<#8 MW?-412;_*,"H:\LE;&HI# 6JL'&.+<(??&\;;<(_>(5Z^/[@'9S-N\@,I/>8 MA*2,$8U*OCRSEA D"462DCPC,5'R+?F[IC]"\I$]F+^PL-BC[''OS\W&9ZNU M3&14T*E890EHC=I E?(K'XZP/[ST'K/@$C.BL1EN-C\O M50[GA,@W((6'G][$LW3%,XBC9@,\PEE!Q]!OUGGW[=>]L[(,*ABK78^#G MF F-$LC+29*>+=(8!VPZ2F5I2&4<+2(SJT5*K2)04?+)<>F*_=L(C_Q"#%QD MHVN9CI5%:C$5\@WH$$X(&Q-M);+T)#*.AXI!U0*A+#TJ NYWUW:POSMX?P>" MK=)*MV"@HH8/C6CD?'IYC ]O1X BX231=J<.(*?57D[C")(89"V61-I!1M6= MX]KNQK$/#U[\RD$=7>);<5 FY$?GH*#EI 9M&662DAX3ZOJ2NXH^;;D14-AH MP (TRK6&C,J5N_%>(,<(RS6?[JD;.&\T^589H$I4<+"JPIIZRFMYL5S439)% MVB0F/B;@#J"$FAE47PD(*-8Q> &@E;6)C&W>9WSO';;,4N*<:.HLU/?SX(@S$ M\9$U3KI9IJGZ0BZ"T\#&3QM!CI,J8D&,HZ%D-K5FGPN,8]\,ZSE"TTCIS2Z>EPR6V:[".I"D:LP])VG* 27!NUF'VR?>3C$+09=1:W9:("Z MP:"K//7;#(9Q;EYH'P859@'"K&$8$I2LD7)JZ-ZLUA54G%A5 ^/P78V+SW&L M.#NOM::SR6RJ[=-&L.#L27*K*GF,G_^,"T#R->0(%X['+'WV0GKC!)N#%T0^ MA:I"7E2H_'Q%]Z/"3<"4NB>WK,5,@CZ@3_(!V-H.OQIS&!W4X/!VA/-8@Q7+ M42G3%!I(XZV+-Y'/(J)X1W*\9:E^F[/,*C0IF0:N'GL:+PD7D^*B(-E83.*! MLEX#Z;9C44N#,_*9QB\7\YXM5X4M@W0)S0:1U''G<8T-\@)SS7M M5\?H-GI0'?<:UT5/X<2>-GIEWX1[2FC:OH6YE*!XA#W:V;JD#=@? M";,/4P0WF)XUL(PUX-)G.Z3-*:A!-3 ;3^/?EK21$\'RLA_ M82[_Z.E7?S?>:*8PN'+[D=EL,5\D/662^PD0,-P[ICWK$S.L-[2#:<^_5>+? M%_!OIK%+C77G/5R.1>P54-#1@K_ZNFE 5OE"+(B5N%!]X,L+%JTMC[#&6Y($ M0(IL&2W3Q[KU($\9@/Q0-$Z*W.!BL8M,95#FCP<=FK4XJ6"T*CI*9!P]!?1[ M!-N+W_BFXH:WB:++34:Y AZT*FTN,D@DM$A,#/]]83_266VD,Q9C-AA=*9*4 MZ6,,B&E\02B\'A$S+5Y^S:PL*U@U*_RW?3T)6(^;,8%%_BI/J@8J%]?(=SYN1G0S;=9A0\MSJ'$ Z;\ W'YF$;.A2CTO')WM#R?DC>OL0\#WS(@"9+U[S6>1U!A3M>^+R_/9/$DL,0K1 MP?;)-J^7@Q?!N=7'*0W*!B5V,JKQI-,@XI=\X_V.<.H$R).4/N$#("XIAI3_ MV+U=[Z&, CS8G>WX\>LS^+Z@E[C+K!V0&PIY2,=E;HYYMT_0M)1,F2-\C7 6 M**VP7TB#:2@8)WQZ?3WP"A?[\#'>?_&XIS3,ZR(5EOX:)(R&1.I\:X\_\7&.A>@BV&70P]-I6&@=TTW>]<[ M>,_O_$WSBC'K/CO,L5P% 6WH=:YVKT&\*C&D=):^7L$Y^62? 3R!.>\T?]3 MWWN@S ;<\)&ZCN=?>VPEPM8=;'S84A#<1'3]M[?>>U%@N]M'"CE*2NOWL?=/ MW_02HD_FU=^-7IXO)LDR \8GG $"'!!@@20\D)@)4N"";^)A<28+01DC).6$ M9*P,ZPR$:Q%$/4Y.4(_RA0VB,KGCG7Z8_U)25J(_/MH95QIS,Q>H7G@PUY:M M?GI_"NUCK(!N/CQ[;__>4@?"JQG\ YY^5HBJV%=_KGT;MM<_OK\\><>65?W= M0'14&52C;=/$FB?8C@F0F()9/'85P%(38&BT"(T#K+U>1I05 1O@?O>%!J$? M;4)>E"I] RF^WF3D+V)"HZW@>;IQER?$O1TID4-^T]B7@%8[ 8W%\TW&5XKA MI3KI[NDW7N2&_CM 9YI^ -1,"ZA)OOX3=%YZ<(4?#. @'TWCE?/Y15)Q_/7S M:GU[0Q[75^O;1[/VW9IQ;LA?70?>9O'>8[@+TJH=@*4>28?ASK\&#".W0>B\ M@(X$WN7H(H..NSRRSE:Q]"W)UWA[8$9C?.===9(Q/> *+ F\=$8'TTW7&U71 M-]?(C&+]C[]Y;(7@\A/;GZF[<=@B@3ZQY<.&S1?PHE>:X52^W21B%'G2*(2] MG"8O)+X^DIPX2:D3($]R^LBYSH$4$$\H'QX_5%3P'BM@#/E.77LN05)';[UD M/7^W#R'=[,5IR_(%IO..I=&59>LB@U64 MX=KVMXYW1CZ%6_R46*W=9SFMJLP8,R.44'!D\#<(0LK['>\<D!/.A))AB+Q6/S,&MZWB13&.R-\1 *U"\F8 M.!.D$?U8)?W8B7Z"6"M>/@ITZDF4LA4KQ=2\V@TIQ5FW@Y+[F9,]_[#]+[7] M4)Q7J5QC?&X^8D"Y_'^QG%E)61:G0?9 Q/3LW(W[2T[9G->&UQHTF)^!& M;I0GD_G$NDQ>/W.J;&K=P?2:$HYS[EECN/[C7.5)M6^9K8K,6Q#5247E\3#J M7*ELK*5Y44U/L;4FXGUB1-AG]HG] YW]V(=_ %!+ P04 " !4B*5(\K*O MQ1%( #*R 4 %0 &AT=W(M,C Q-C S,S%?<')E+GAM;.U]ZW/<.';O]U3E M?]!UJNY-JF)[;,]NLE.[2;5>3M\KNQ5)WDGR98HBT=V889.] "FKYZ^_ ,GF MHYMXD2!!@JS:VI$E #SG!^#@X+SPYW]_W?D7+P!A& 9_>?/AW0]O+D#@AAX, M-G]Y\^WQ[>+Q:KE\\^__]O=_]^?_]?;MQ'BOUS@ ^1$X.+) M>0V#<'>XN$< @R!R(C+)B&T7[ MG]Z___[]^SN$O..8[]QP]_[B[=OC]_Z:4O;3Q1_???SX[L?27Q["./!^NOC7 MTJ^N$$@_[!&:?KKX^,.'/[[]X0_D?T\?_N6G'_[PTP\__D^Y=;@_(+C91A?_ MZ/X3:4Q:DAZ?+A[>/;PK,?F_+Q[# )/6N[T3'"X6OG_Q0'OABP?"*GH!WKML M4#]C]X) &N"_O"EQ^/J,_'JZ?OC3G_[T/OEKVAK#GW RREWH)BA)$'C! M;$'_]?;8["W]U=L/']]^^O#N%7MO_HU^\,\H],$#6%\D-/P4'?;@+V\PW.U] M\";[W1:!-:7B.Z+(__&'3VG_?[@.W7A'5U'@W001C [+8!VB74+UFPLZ[K>' M94[^%C@H^NX@D*R=*%N)[VFS]]R1WK>E\X'T_.61+'9 O[%:W\* S YT_/L0 M0_J)*]_!&*XA\-3(EARS3P;N":6*X"L,'&U!!%W'U\_2D@BS'6A,>-9=.UDK MPC&B,@6!+0@P? $M"64.J)WTQRTA9AOZ'A'--W^+R:9:!)YV?M2^8I;)=GM# M_5/=[98K!V]O_? [7@8>1,"-&G-U/E)K8J\A=OT0QPA<.ACBU;JL;"P\+Q$L MCM_\L% ?7R-/=Y#,O4=G7RZQH+(J#,ANP?30 M?"$_A @"W5RSOM+C7-^C< ]0=+@GS2(BJ:G(WE.9]Q4H2DM-W^R1][LPV$0 M[2CT.*($=+:LZSYEEM/CJ;S &/3*]\F'AX1"51TQ!8EFI4B>LI0&UT4Q\.Z@ M\PQ]<@YI%WK"S_5^TA&E[F<'(2*,#D;[5?-,'W+02^MW#I'_MCO?:C M)KC/%M\#V8*NM1ONES7B<.M ]%?'C\$7X-!_I[)&IP:K\(6N M^TPL,O@;TA(,!\"X/=^ %^)^6P3YNOJ]ZH,PDC@_AP?'I MC \ .1E:3&)U1]J!FU<8)>)R (!)$]0Y:NX6>+%/2/K/V*'N ;+DJ:$ME\'D M*IT25-M=+V M:=&(55G/UGGV"(,62U'"A;?%% MC7Q_#D/O._0)K/FD)FAMAAHYTO#_Z(K6P0ILD>Y@S4-A@ MQ/5T#0K#&QQ!(L.!]PV#=4PTL>!)B,[=.] M]Q1V,96RW]+,J];=R1Y0(]6/4>C^5@TST,F#[/ Z.:*!$Y M73_V@'>+PAVE*HZR+73CH( <7WGWIDQKID*GSR7&,"":V"/84-7K,P@WR-EO MH;M P*$&[B_.KR&ZBG$4[HA,U1M'H^/;YK @.JP7N]&CXP-\>2A:'R.;>X)% M2(9&A,BRW,'<]YT;ZUUJ=M:Y,I2_HR<$\6L8 ?P4YCZ=/) 0K]#&">#O6?1/ M@$,?>ND1%'CE^+R2BZCH7/#U!%ZC2W)"_Z8&3(]TC0W(>S* JQSL8("^KH'- M0RP+(K#VY<;_2-V;='@RUV#D7LQ MNIQ^_D>,LJAW@F4^U36[)6?4,DBL$5370;^!B'X_O';6?TC158O4NP8RJ[!KGDZSLU7'>X)A6_.BP0]*Z?1M_N&A"ZCCN< M?M;PAMC2.Z'\CW2N;)V9DFG;#N=2_H.=SV[^31J15UCI,K=&$C!5V/'NG4/2 M2__B;DG&P&'2O%FT$-,U9*>F3.UKAOT!8ZSIG6?19SH7BZE5\@'L:5!9L.E2 M($I\:@#L:KYI2W^P:]8Y1M@.)UWQJ]V;7)XQ^%M,?KQYZ>208W\@8VU?LCK> M$4XJ/)+&(/!H88_TM_1C+?D=K@&2W;9O.NDLRE%9M.R/QA09]H*L;]P ;2$5<$'UU=G5KL;99]]1EALG'P^XY M]&O(JOX]IZ=\X"]0E38'N<>!R(^5T_Z\.EK6XOT^";=\ZVZAGRL*:Q3N5,Z. M(Q5AS>Z^")$'4%*V[\,//[RY( RL 3DEO;OC"<4@,*$N @B#I"7M"4-$*/C+ MFX]O+F),F OWJ;-_7/"\:.4I$N9Q1DKQ+ M%J!UK9+_^?VIA;)+NZ5LG>/L8S"BXWZ@6M(/%V\O\MZ5G\/U13[6Q7&P?[XH M#=?XJKAV\',";HS?;AQG3^^+?W@/_ @??T,OCG\H71RS7_]R+)IX[QRHN3\3 M(B>W2$'CYE?<]G0_ !? %TK-5Q#)45_;Q1 /)\7-A PPVANB/M[%B=>75;^7 M)J,L7ASH4[!O0T23!TJA5=ZO<1J(1>9AM7YR7ME\:__2@!$CY .X"=*Y=0]$ MC0ZPGR6BZ45,Z4L#1DP/&F/BE.&D:3N:$<[S3)M[!WK+X,K9P\CQ2WH'BTEQ M1R/\9.4?ZFDNUUXP09=HX50;F:-3D4F9@?Q? O05 M1S'!Z3&[D4B#9Z)T9WE6=47_2H5-:[EM,I()CND;!#24A?R'AG6^D(FAP2U1 MI6@1@T>YOD:X8L?IL'CA]##%078><:?@M)D96O,Z(K0.]1- NR2D*+OP,4GG M]S+!";EIPPC0VD=G4?I)Z?I:1@2=3/!QS#9@4)S_V01MQS<)#FQ$*TU,T7A2 M1OUK&+C96^.K40.PYYV3( MHS\$W3;9H26:BLW*H)_3P03]]T?;N5!5J&MIB.(]N7EGI9ZJKU3PE[Q,3S,< M\9Z[8; B?*VF9;!N??5"G%X#H'FTP#OFEI2L5-=@#5W(PEBB MHPE^>$XB@>R4ZFJ&)TE]8B :A++.(*,E].B=U63_I3[;3MT,ML9>FL-?S3%F M:VRG.?SKL&T2#QI&CC]P;&LM_Q7(ZJW9MH9_R@/#5PAM#?F4QZB&2MLK8&=2XL9<%3#8K A(P5=UC!2QVY74HPR)E-2[0 MLED1D-EK+%R:I'(,_[13=0B6H>(YL/K+4Q@?;L*@CP*\!K:G4:B;;>!K%&E6 M0-K Y&0]I#Q7;H&VS>;9$5I6 M*"';2PZ:XEW5]+/LU#MF3\.9@VGIG44<;^JSU M("AGE]"5ZF(^HT1Q4TAV-L^7Y-80=!H*']P-PNDP%/K%VT34R^I,CA$9 F2E MA^V9 7KP.Y=2MD?TZ\3M*!5MK=S1O"IS4I:%5F/\HG/4:X.,) M.#L=I]I .Y=N=H8(:@.,(=JZMK$;,[ND=KD1 MTE,UB=5$LI$E\MF! ;6N7X(U:<,N6*HR@I&B5%2,W*-PS:S84&YAINQ3GN9. MCJ!TQ\9DH:SVV6[-$$S;$1P!OGDE!Q Y3(A@0("*P@K-;F*"<(9RD&ER [)7*:FV&\G3",U)H'A*3ZO.6 M9LNKI3B2!1RF"YYI_^-V,<'#5Q 5FY=!=+6-$2I+,*6D'#-H^#M3W,](L:XC M21DQ+-S/VPV"6@'F[/9&J1>N\KJ6QDJY,1FAH.9-!P)=-%*8,[I8K7=/:6 #<]$ M8+LW2@&FRNW6]MI0"KAPM"#;W4M-4"IK6^T*15FUBB3N,;8[CA30$EI%;?<9 M*6#55$NRO>B4M.6@4JE+Q8C=*IO=5@1KC7G-LM?_E"(5@ V-3K 2*YX9T?;, M]4:0B6PDMJ>M-UQG';J%;$]U;X%XC3/&]M3(1FB=N"+:I4<.?T4)[>H5RXZD M<<_6U\X;@2:P0-OZYGDCK'J+36I5C&P4\:1*N-?X EM5'!M'*B4K^_8TRN_' M?_V1'^57&2.+^3.4?WG*B^!=9EZ/.1" ZQRM@2ZO9TL46"QX3^(^1(DTB"($ MG^.(]GH*TPQ>GG>UPZ\."4FV[8,QP;KA*G.U> MS(;R6,: 8VGPB0;$M"WF_B)8C-T9$U=FM491P"SC='Z1_"/_(ED>_?]<9%6- M#*A%$B6JO@#JVV4H1/+]32A]C")O?(ZX?/N[\LX9+#7%7P7D[(WEZB5R@T(8! MF8?K<.? @$%Q?=O9M-/15;F;*_(@GHKF;@Q&8R-7>G$1)^-EFQ1I_.6C6>/( MB1#!BU?(VL'\/D:Y(/H@2*('1*07#0V;I!J\K"W3URA73^F#-GSRTT;#>,R< M2>M 'U^7IM>85"&$I'+M.D;DL$CUP%3>'2-LJYHCCR7%D0;$<:+NZF"8-Y!) MTP173V54ESEJ&;:'14AC([BLVOZJFC1.+'6U71R#10 IV'1L#R:74FPK.2#U M(!?V3CN%%%MUEB[$WL3JOD^/\O;"CF^$FV[ M4U8.NN[MYNVHJ M1Q69!@D98T-&QFY:74Q5T^1DM/J**;86D?K[T1&@'V:$RMLPAZ4'7,81_S*D M!ZE&X->_LN[YK'%&*LQ^S]GO.0B_YY#-R3R?C:4%S&:SL6*P=O;_WP.UX&'D2@M*&RN/P_T >5N0G>9(2+9 @CT?B%Q9H6 MOB&T)+/W%%+3<^!"'U1LK4\A)?<>A2^0 '=Y^(:!MPSR%/^%&\&7-*>+KU1U M_EDC4?,[:EW]/5ELJS6M"'8-L4OK1MPCL(/QC@6&L)]Y;K(7G8(-K3++TO:Y M7&#?GJYVSL0T3US1128#;.H/J.Q";I[J[E2 M"T1?7S=BSR'RD&;CD?]0G>3%\1-U)+IR$#H03*4%QJ/6VICY>< M<@@XM()D^E\E]AA#F.#Q&A!ERX6\&--*$R,VP_6:J&BK]^('TJ3'6 @_%'W&MD7*";7\DRE M49DQ5O\!<4N?HAA\$ANO^02XUUG5J-C@=7,)ZPX MF5*##8/OK#+.@:A+]/ED>1[/.@[AS<#J=9IO"9'K:RC#O,X$E=LXI"U?#08: M-K]U9;9;\UX[Z(!P2!>JAGGG#31L?MO/N^R@ \)!W=+=8*!A\]M^WF4'G2N) MB%[03!PG"H]GGK2-9=91!<'HT20/Z M1-_QZKX,%NLU4;V=B*F]-QAH$/Q*NES$_0;!#1%D1#I%AWO?(=?!P*.FOJ3B MOBQ;[ &,\(="%P O>2SEBQ-EFR6Y**5T)Q9-W\>K-7MOL5C7,K9I5)*XF542 M:H!O7@%R(686U1'W,U8-2+H&Q)#J6IR'6,@':IYW,1D^TU>,13D@I^J-L?T- M/!,(BV(+;'^HQ@CFC#B(5A5=1O'DB@FTA;G>EM:%,8&UI-74]HHSY@5Y;=A> MJZ(ULWR1 OXTPK#96ZKS4A_8&V@-RE3,&T;P*&R-V:_9>[!C>GE8/3;CY*%2 MB3BB9F^\3AG%2I1/LT=?IPR?7(A#LX=BIXPK(_ G!_*CRCUQRD">Q8X6$-IY M^=,O(,]#.PL,[;S%=;*;ZX(4"R#M+-C7L5AD8&GG?:MY!%<94PGO4 [D)SNK MT>D!LFV 68&RG<7JF@>>59:K:JA%(05L534U :O'=UZL8CLK!W2TBCF!& 6B M*OKI!!>P.%2G@%)%39VAE(GR*K!5T5RGAZU,=D2!Y:0T5T4DVT9V%RC;^3QP M\XAOF6DFA M=L_&V'>.2!:::O6PS/@>U-()7O5ID 8ZHO+3(/W6 *4QHGZ(XR1"&N(D1K>8 MN/SIIV6P#M$N#9PV43@P==_31[Q"'[H2A3G9'8P4$'1\!T4*7_.Z)4_?&'3QE-]#>_U"S4.T;]?G'[KBBJJV7/;VNF MV-US1)] HO/%JXAZWLY,4OOWTKY&1(K%A)Y$XJ,\N+?4 !(==N^#J_1-5_@" MCJI:VG@5I&6P5XBHP:FS@%6"LX\O&TO 3PG@/OYRWLYHS++P-*#'O&!GVE[L M7'3D5.+I.2)^BCBQG_2HV3"VWH>ES]IJON[9@6*KW:H1/KT<8;9:N:1T+9%< ML_Q]/FF,)):OO2]?%+?>.T@VD$=?DAG*79?:(TYM$H'WN U1] 30KLBP92GK M"@-HN?T4$-;?R1F-3.B[#R B!SOP;AP4$/F*B:A-)2N@N2M$E639$R0Z&MOM M3/Q/C5VRJ\KJ$UL*+9EUTM\I:\XB6!R?):$X&$DY=JO@>>HF]Q+.;&Z(=IK& MAFA!9I9HRW23/H"][Z1Z==UA)-'+ MY#,S2?@E3O98%HD)^ 978;^A<,,Q>3-:Z['/GM<+*(3854C./A31B.&[T FR M)^%K3;<-AM%"?U8@:)DF/'E*:UVZKYGGG,DF#*(T3N@!XM\N0>!N=P[ZC;O@ MA=V&PAC@Z MBB)JCRL2=00/O/-[&?-/!41%BRFBMT14I<5;>&ZJNN8F:">?3\K(7!%EFFB< M7.SKVVHY.XZ5+0ZK("ESLPE8)P6C97/L,'#?;<*7]S"Y7%+D/F4_4SH_E3!+ M?UNI'I9FF]!@JA-:^6W-/A6!CR4OI!]K$??48Z.A\5-Y9:-: TVUA;ZOXIO7 M/4R/-VII8'[[M)V)F?SB_!JB)_(5G%90RW+RHD,A#3E'N6SO@7+&5;GD^VM9 M.5]C*@%7Z^2S5S&.PAU M=$=C)9&O.G'\.UT/=_&48S %QC 7;P[)M==,Q]^ ME.VM!=][@*C6Z6S :IW9%0JS KX\<"&7[VS&QDL5 )?F,J=%^,A2);\#Z 5P M]JZHEY'BT0Z!,[=5X,]AZ+'(KVUJ@F8J(E;K"IIFV/[>DHZM+.U"L/T%I=;K\M3CV>KMH\D =N:L MM?WY(H7H'[XAZ]3X96V&44ODI%WL1P G:@ID)[6Q;/I'P#[.@)TDCO4&ED'99G(=QL_1.O://O Y![ ! M_1P\RT\ZUO,BU]E2OG[Y.&#.6!4L6_#+&'*X&/Q,)!T1O6M6T*+J*..)SI-= M_:V"-D93F+,+[,058NVTBW:!96F?-HO?&--[+ET 6"T2V\!0.J(BL;5JXE6X MVX[0!5B-(4Y/ MLZ_)"G?X:=28:&)M#YYM"AEO[=BN:37%C">U;0^/;8I9]3GQ1B&P*H\[#$Q[ MRHULS/= *3YFC&M%V3,"C@O3\KA@[X-D507>8A>B"/Z>_)[SG"G+%*=G>!/G M:Q(NL0U]C\8BY_]8[O8H?$G]8]R*#]+=S22+DST> '0HH\QEA]?## >O-&1* M0'.YC1$JT\ N/I65-EJ28LE5'[H@GZ;;& 60QIF1N;N%K_2G^K6KV-D$HDP9 M(;@#BOL-BIO+ _5J<=+997H.BJ//*'EH5(V9M-.@^+@3E,22Z#@H?M@W=FZ7 M0?% 5SRW"(%,ST%Q] V#=>S?P37+HR33TTAQ#NI%YI7AR/]NC#KN:5QN8:0D MB$MNEK$/.'<%7L4ZZ>Y&> O7R16*UJ7.?KP&+\ /$[J2UR2XYZT(H*J=SO9< M[X;K3^%*87NB]]G-NY(B5;[XVJX&U]SR*W*^:I2W/31 A$;5D6*[TU_5OB*E M596OIM:G!;=!L"2CK,_^[62EW9E)Q1QJ/,5=&&RBD]?M!O(2TORND\DPU+QJ MG# :M6AI),B$+&"Y1S_K6@Z$8H'KG==C*!S0_-J\5"C;)2K5U9R\Q6T)([*>A_PN12Q'2JYDZ ^M+PDW&RWY:C#)*?L3,?J(\)- M='S:[@=77V$,U=-VU[>6K6A_-7.Q:JQ4^FX"5E49G$2+;[8-UMH&CX\*9$\) MZ+C=E&J5W1\Q?HQ"][>ZFPZ[L9Y7Q,O#ASN(<:(>1:!4R> Z!K?@&<44H@ \ M?0^?MF&,G<#[2E9/!$# OJ?I'+Y/?O]O[!^>0% BYA%0W5$'L^*QY_=J==GL MZ&:F]0 %F3&U38= ,]<5P&@\%/OHN"R\)_N4EWI4VW0P-L39%FK4>,.2.*=: M?=TNM]UBPY=NQ>L1VLYHVR^4>@&54_)LOWW.%MBN3&2<>\]LA#U=5_7ZR&QT MK;/I*[S_U\0"._SL!35+4+V:,IO+9G.9;G/9?3(I6Q!!ES SVZMF>]5LW9FM M.SKVQ_?72?OU9XOC'AG(HK;H((N[V1IXA2 M:KXXZ#<09>_AR3%0WT7+E27_0EIN_CY&[I:^KEQW9V&V-8@F4436 .-D(]T" MR07!ZJ0345I*G8BM[2+P3@LY<+#E]3*!\LUN[X<' !Y 4N5(>N>)^YE++E,4 M(H).1JIM.H=$\Z'UI2AACB\R??!Z&*H7ZL5N]+.#D!-$AXRF*]\ANW(-@<>? M$MG>1BISEI_OS-Y3X'/#ZV'$C.*D"^7FU848/#FOV>+ASA5LZW(U(MMCY1JL*BXJKKM MF="*RXNKWEA?6U(-*Z$B97TI236\1-VZH8G68K^NCX^R7CP/B+?LG65)+C.-B$TJQ=M99B\GT M^!&J@VL">F+W(\1D9K#/MYT@'>^>&TW+LBA5K.-FED/ MQO2D0">[D!-+@#5Z%NH7 )QII2L=$M2BVJ\_Q;T-4@HCOXJMO M/45W] !Y,*2G%>^^ ]?Q_9O7/0@P*V:5T7@\3.(]QU[8S%#N31'D2@5J9 M4G;@3'USX[$E9(&BS5F@'K>I>9K)ODFJ=B9^(][KNH)> ^/D3I L)=75.$]' M@%.-8^']&J<1T0IQ2^=]M4B96J_C44#?X @2X5T?LRK9.$-FZ.+[O]>'1M*%GX5TZR*86UL%H/:Q:+ M0QW9/(N75%>C/!4"3>0@XW;1Y"*K$:E/R DP.3SP)8B^ Q#S#32+Y:\F4Z*4G5CA$OO6J[K5,GJ*[email protected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email protected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email protected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email protected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end

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email protected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email protected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email protected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email protected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email protected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email protected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email protected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email protected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email protected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



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

SEC Filings