Innerworkings (INWK) 10-Q 8 Aug 14 2014 Q2 Quarterly report Financial data

Document_And_Entity_Informatio

Document And Entity Information	6 Months Ended
	Jun. 30, 2014	Aug. 01, 2014
Document Information [Line Items]	'	'
Entity Registrant Name	'INNERWORKINGS INC	'
Entity Central Index Key	'0001350381	'
Current Fiscal Year End Date	'--12-31	'
Entity Filer Category	'Accelerated Filer	'
Trading Symbol	'INWK	'
Entity Common Stock, Shares Outstanding	'	51,766,807
Document Type	'10-Q	'
Amendment Flag	'false	'
Document Period End Date	30-Jun-14	'
Document Fiscal Period Focus	'Q2	'
Document Fiscal Year Focus	'2014	'

CONDENSED_CONSOLIDATED_STATEME

CONDENSED CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME (USD $)	3 Months Ended		6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Revenue	$260,349,591	$210,875,626	$501,839,255	$415,453,042
Cost of goods sold	201,422,560	162,699,024	388,327,830	320,926,639
Gross profit	58,927,031	48,176,602	113,511,425	94,526,403
Operating expenses:	'	'	'	'
Selling, general and administrative expenses	50,634,671	41,347,183	100,206,152	88,458,800
Depreciation and amortization	4,373,798	2,648,396	8,544,514	5,114,063
Change in fair value of contingent consideration	521,669	-1,649,389	-173,508	-1,040,557
Income from operations	3,396,893	5,830,412	4,934,267	1,994,097
Other income (expense):	'	'	'	'
Interest income	13,669	555	17,677	7,889
Interest expense	-933,377	-514,825	-2,003,284	-999,932
Other, net	-138,459	25,510	-188,233	-420,653
Total other expense	-1,058,167	-488,760	-2,173,840	-1,412,696
Income before taxes	2,338,726	5,341,652	2,760,427	581,401
Income tax expense (benefit)	733,354	1,666,131	865,648	-292,846
Net income	1,605,372	3,675,521	1,894,779	874,247
Basic earnings per share (in dollars per share)	$0.03	$0.07	$0.04	$0.02
Diluted earnings per share (in dollars per share)	$0.03	$0.07	$0.04	$0.02
Comprehensive income (loss)	$2,113,241	$3,477,251	$2,718,397	($1,241,712)

CONDENSED_CONSOLIDATED_BALANCE

CONDENSED CONSOLIDATED BALANCE SHEET (USD $)	Jun. 30, 2014	Dec. 31, 2013
Current assets:	'	'
Cash and cash equivalents	$23,364,199	$18,606,030
Accounts receivable, net of allowance for doubtful accounts of $2,128,790 and $1,891,631, respectively	186,722,463	171,832,907
Unbilled revenue	31,457,926	27,483,544
Inventories	26,762,086	26,473,732
Prepaid expenses	11,532,751	11,746,965
Deferred income taxes	1,105,072	1,119,333
Other current assets	30,499,601	22,408,692
Total current assets	311,444,098	279,671,203
Property and equipment, net	28,938,813	23,724,750
Intangibles and other assets:	'	'
Goodwill	251,862,998	251,228,698
Intangible assets, net of accumulated amortization of $25,270,793 and $28,932,648, respectively	52,964,772	56,575,534
Deferred income taxes	2,396,216	2,319,515
Other assets	982,707	1,147,078
Total Other Assets	308,206,693	311,270,825
Total assets	648,589,604	614,666,778
Current liabilities:	'	'
Accounts payable-trade	173,413,169	169,243,349
Current portion of contingent consideration	22,025,424	16,718,516
Due to seller	8,513,499	0
Other liabilities	29,803,825	15,818,791
Accrued expenses	11,915,558	17,117,878
Total current liabilities	245,671,475	218,898,534
Revolving credit facility	89,000,000	69,000,000
Deferred income taxes	8,836,752	9,061,535
Contingent consideration, net of current portion	49,997,742	70,613,945
Other long-term liabilities	2,599,456	1,651,190
Total liabilities	396,105,425	369,225,204
Stockholders' equity:	'	'
Common stock, par value $0.0001 per share, 200,000,000 and 200,000,000 shares authorized, 61,395,494 and 61,608,253 shares issued, 51,282,185 and 51,760,185 shares outstanding, respectively	6,161	6,140
Additional paid-in capital	204,431,301	202,042,296
Treasury stock at cost, 10,113,309 and 9,848,068 shares, respectively	-59,321,863	-62,312,101
Accumulated other comprehensive income	3,600,618	2,777,000
Retained earnings	103,767,962	102,928,239
Total stockholders' equity	252,484,179	245,441,574
Total liabilities and stockholders' equity	$648,589,604	$614,666,778

CONDENSED_CONSOLIDATED_BALANCE1

CONDENSED CONSOLIDATED BALANCE SHEET [Parenthetical] (USD $)	Jun. 30, 2014	Dec. 31, 2013
Accounts receivable, allowance for doubtful accounts (in dollars)	$1,891,631	$2,128,790
Intangible assets, accumulated amortization (in dollars)	$28,932,648	$25,270,793
Common stock, par value (in dollars per share)	$0.00	$0.00
Common stock, shares authorized	200,000,000	200,000,000
Common stock, shares issued	61,608,253	61,395,494
Common stock, shares outstanding	51,760,185	51,282,185
Treasury stock at cost, shares	9,848,068	10,113,309

CONDENSED_CONSOLIDATED_STATEME1

CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS (USD $)	6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013
Cash flows from operating activities	'	'
Net income	$1,894,779	$874,247
Adjustments to reconcile net income to net cash provided by (used in) operating activities:	'	'
Depreciation and amortization	8,544,514	5,114,063
Stock-based compensation expense	2,648,731	2,054,106
Deferred income taxes	413,881	720,547
Bad debt provision	444,529	158,730
Excess tax benefit from exercise of stock awards	0	-1,066,357
Change in fair value of contingent consideration liability	-173,508	-1,040,557
Other operating activities	208,830	111,258
Change in assets and liabilities, net of acquisitions:	'	'
Accounts receivable and unbilled revenue	-19,308,468	1,449,472
Inventories	-234,428	1,984,593
Prepaid expenses and other assets	-7,822,523	4,288,640
Accounts payable	4,169,820	-7,511,701
Accrued expenses and other liabilities	5,025,757	-4,227,037
Net cash provided by (used in) operating activities	-4,188,086	2,910,004
Cash flows from investing activities	'	'
Purchases of property and equipment	-7,835,551	-5,822,741
Payments for acquisitions, net of cash acquired	0	-11,441,778
Other investing activities	-594,207	-117,314
Net cash used in investing activities	-8,429,758	-17,381,833
Cash flows from financing activities	'	'
Net borrowings from revolving credit facility	20,000,000	13,300,000
Net short-term secured borrowings	2,195,909	0
Payments of contingent consideration	-4,715,091	-4,664,219
Proceeds from exercise of stock options	102,188	1,842,044
Excess tax benefit from exercise of stock awards	0	1,066,357
Other financing activities	-273,607	-36,642
Net cash provided by financing activites	17,309,399	11,507,540
Effect of exchange rate changes on cash and cash equivalents	66,614	-90,254
Increase (decrease) in cash and cash equivalents	4,758,169	-3,054,543
Cash and cash equivalents, beginning of period	18,606,030	17,218,899
Cash and cash equivalents, end of period	$23,364,199	$14,164,356

Summary_of_Significant_Account

Summary of Significant Accounting Policies	6 Months Ended
	Jun. 30, 2014
Accounting Policies [Abstract]	'
Significant Accounting Policies [Text Block]	'
	1.	Summary of Significant Accounting Policies
	Basis of Presentation of Interim Financial Statements
	The accompanying unaudited consolidated financial statements of InnerWorkings, Inc. and subsidiaries (the “Company”) included herein have been prepared to conform to the rules and regulations of the Securities and Exchange Commission (“SEC”) and accounting principles generally accepted in the United States (“GAAP”) for interim financial information. Certain information and footnote disclosures normally included in financial statements prepared in accordance with GAAP have been condensed or omitted pursuant to such rules and regulations. In the opinion of management, all adjustments considered necessary for a fair presentation of the accompanying unaudited financial statements have been included, and all adjustments are of a normal and recurring nature. The operating results for the three and six months ended June 30, 2014 are not necessarily indicative of the results to be expected for the full year of 2014. These condensed interim consolidated financial statements and notes should be read in conjunction with the Company’s Consolidated Financial Statements and Notes thereto as of December 31, 2013 included in the Company’s Annual Report on Form 10-K/A filed with the SEC on April 21, 2014.
	Reclassifications
	Certain prior year amounts have been reclassified to conform to the current presentation. These reclassifications have not been material and have not affected net income.
	Foreign Currency Translation
	The functional currency for the Company’s foreign operations is the local currency. Assets and liabilities of these operations are translated into U.S. currency at the rates of exchange at the balance sheet date. The resulting translation adjustments are included in accumulated other comprehensive income, a separate component of stockholders’ equity. Income and expense items are translated at average monthly rates of exchange. The net realized gains (losses) on foreign currency transactions were less than $0.1 million and $(0.1) million during the three months ended June 30, 2013 and 2014, respectively, and $(0.4) million and $(0.2) million during the six months ended June 30, 2013 and 2014, respectively.
	Revenue Recognition
	The Company recognizes revenue upon meeting all of the following revenue recognition criteria, which are typically met upon shipment or delivery of our products to customers: (i) persuasive evidence of an arrangement exists through customer contracts and orders, (ii) the customer takes title and assumes the risks and rewards of ownership, (iii) the sales price charged is fixed or determinable as evidenced by customer contracts and orders, and (iv) collectability is reasonably assured. Unbilled revenue relates to shipments that have been made to customers for which the related account receivable has not yet been billed.
	In accordance with Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 605-45, Revenue Recognition – Principal Agent Considerations, the Company generally reports revenue on a gross basis because the Company is the primary obligor in its arrangements to procure printed materials and other products for its customers. Under these arrangements, the Company is responsible for the fulfillment, including the acceptability, of the printed materials and other products. In addition, the Company (i) determines which suppliers are included in its network, (ii) has discretion to select from among the suppliers within its network, (iii) is obligated to pay its suppliers regardless of whether it is paid by its customers, and (iv) has reasonable latitude to establish exchange price. In some transactions, the Company also has general inventory risk and is involved in the determination of the nature or characteristics of the printed materials and products. When the Company is not the primary obligor, revenues are reported net.
	The Company recognizes revenue for creative and other services provided to its customers which may be delivered in conjunction with the procurement of printed materials at the time when delivery and customer acceptance occur and all other revenue recognition criteria are met. The Company recognizes revenue for creative and other services provided on a stand-alone basis upon completion of the service. Service revenue has not been material to the Company’s overall revenue to date.
	Goodwill and Other Intangibles
	Goodwill represents the excess of purchase price and related costs over the value assigned to the net tangible and identifiable intangible assets of businesses acquired. In accordance with ASC 350, Intangibles—Goodwill and Other, goodwill is not amortized, but instead is tested for impairment annually, or more frequently if circumstances indicate a possible impairment may exist. Absent any interim indicators of impairment, the Company tests for goodwill impairment as of December 31 of each year. The provisions of ASU 2011-08, Testing Goodwill for Impairment, were adopted in the fourth quarter of 2012. ASU 2011-08 permits an entity to first assess qualitative factors to determine whether it is more likely than not that the fair value of a reporting unit is less than its carrying amount as a basis for determining whether it is necessary to perform the quantitative goodwill impairment test. If the quantitative test is required, in the first step, the fair value for each reporting unit is compared to its book value including goodwill. In the case that the fair value is less than the book value, a second step is performed which compares the implied fair value of goodwill to the book value of goodwill. The fair value for the goodwill is determined based on the difference between the fair value of the reporting unit and the net fair values of the identifiable assets and liabilities. If the implied fair value of the goodwill is less than the book value of the goodwill, the difference is recognized as an impairment.
	The Company defines its three reporting units as North America, Latin America and EMEA. At December 31, 2013, the Company elected to perform the quantitative impairment test for each of its three reporting units. In performing this test, the Company determined the fair value of the reporting units based on the income approach. Under the income approach, the fair value of a reporting unit is calculated based on the present value of estimated future cash flows. No impairment was identified as of December 31, 2013 as a result of this test. The Company does not believe that goodwill is impaired as of June 30, 2014.
	The fair value estimates used in the goodwill impairment analysis required significant judgment. The Company's fair value estimates for purposes of determining the goodwill impairment charge are considered Level 3 fair value measurements. The fair value estimates were based on assumptions that management believes to be reasonable, but that are inherently uncertain, including estimates of future revenues and operating margins and assumptions about the overall economic climate and the competitive environment for the business.
	In accordance with ASC 350, Intangibles—Goodwill and Other, the Company amortizes its intangible assets with finite lives over their respective estimated useful lives and reviews for impairment whenever impairment indicators exist. The Company’s intangible assets consist of customer lists, noncompete agreements, trade names and patents. The Company’s customer lists, which have an estimated weighted-average useful life of fourteen years, are being amortized using the economic life method. The Company’s noncompete agreements, trade names and patents are being amortized on the straight-line basis over their estimated weighted-average useful lives of approximately four years, twelve years and nine years, respectively. The Company does not believe that intangible assets are impaired as of June 30, 2014.
	Stock-Based Compensation
	The Company accounts for stock-based compensation awards to employees and directors in accordance with ASC 718, Compensation—Stock Compensation. Compensation expense is measured by determining the fair value using the Black-Scholes option valuation model and is then recognized over the requisite service period of the awards, which is generally the vesting period, on a straight-line basis for the entire award.
	Stock-based compensation cost recognized during the period is based on the portion of the share-based payment awards that are ultimately expected to vest. Accordingly, stock-based compensation cost recognized has been reduced for estimated forfeitures. Forfeitures are estimated at the time of grant and revised, if necessary, in subsequent periods if actual forfeitures differ from those estimates.
	During the six month periods ended June 30, 2013 and 2014, the Company granted 226,971 and 763,305 options, respectively. In addition, during the six month periods ended June 30, 2013 and 2014, the Company granted 216,649 and 727,496 restricted common shares, respectively. During the six month periods ended June 30, 2013 and 2014, 553,838 and 259,591 options were exercised and restricted common shares vested, respectively. The Company recorded $1.1 million and $1.3 million of compensation expense for the three months ended June 30, 2013 and 2014, respectively, and $2.1 million and $2.6 million for the six months ended June 30, 2013 and 2014, respectively.
	Recent Accounting Pronouncements
	In May 2014, the FASB issued Accounting Standards Update No. 2014-09, Revenue from Contracts with Customers (Topic 606) (“ASU 2014-09”), which amends the existing accounting standards for revenue recognition. ASU 2014-09 is based on principles that govern the recognition of revenue at an amount an entity expects to be entitled when products are transferred to customers. ASU 2014-09 will be effective for the Company beginning on January 1, 2017. Early adoption is not permitted. The new revenue standard may be applied retrospectively to each prior period presented or retrospectively with the cumulative effect recognized as of the date of adoption. The Company is currently evaluating the impact of adopting the new revenue standard on its consolidated financial statements.

Acquisitions

Acquisitions	6 Months Ended
	Jun. 30, 2014
Business Combinations [Abstract]	'
Business Combination Disclosure [Text Block]	'
	2	Acquisitions
	Prior Year Acquisitions
	During the six months ended June 30, 2014, the Company paid $0.6 million to former owners of businesses acquired in prior years for purchase price holdbacks related to verification of opening balance sheet working capital.
	Contingent Consideration
	In connection with certain of the Company’s acquisitions, contingent consideration is payable in cash or common stock upon the achievement of certain performance measures over future periods. The Company has recorded the acquisition date fair value of the contingent consideration liability as additional purchase price. The Company has recorded $72.0 million in contingent consideration at June 30, 2014 related to these arrangements. Any adjustments made to the fair value of the contingent consideration liability subsequent to the acquisition date will be recorded in the Company’s results of operations. During the three months ended June 30, 2013 and 2014, the Company recorded $1.6 million of income and $0.5 million of expense, respectively, for changes in the fair value of contingent consideration. During the six months ended June 30, 2013 and 2014, the Company recorded income of $1.0 million and $0.2 million, respectively, for changes in the fair value of contingent consideration.
	As of June 30, 2014, the potential maximum contingent payments are payable as follows:
			Cash		Common Stock		Total
	2014		$	1,436,833	$	7,548,913	$	8,985,746
	2015			13,774,599		36,829,728		50,604,327
	2016			32,952,675		36,156,165		69,108,840
	2017			-		45,960,300		45,960,300
			$	48,164,107	$	126,495,106	$	174,659,213
	If the performance measures required by the purchase agreements are not achieved, the Company may pay less than the maximum amounts as presented in the table above, depending on the terms of the agreement.

Goodwill

Goodwill	6 Months Ended
	Jun. 30, 2014
Goodwill and Intangible Assets Disclosure [Abstract]	'
Goodwill Disclosure [Text Block]	'
	3	Goodwill
	The following is a summary of the goodwill balance for each operating segment as of June 30, 2014:
			North America		Latin America		EMEA		Total
	Net goodwill as of December 31, 2013		$	171,094,576	$	9,875,236	$	70,258,886	$	251,228,698
	Finalization of purchase accounting for prior year acquisitions			-167,922		-		692,839		524,917
	Foreign exchange impact			1,972		-		107,411		109,383
	Net goodwill as of June 30, 2014		$	170,928,626	$	9,875,236	$	71,059,136	$	251,862,998

Other_Intangible_Assets

Other Intangible Assets	6 Months Ended
	Jun. 30, 2014
Goodwill and Intangible Assets Disclosure [Abstract]	'
Intangible Assets Disclosure [Text Block]	'
	4	Other Intangible Assets
	The following is a summary of the Company’s other intangible assets as of December 31, 2013 and June 30, 2014:
			December 31, 2013		June 30, 2014		Weighted Average Life
	Customer lists		$	77,244,427	$	77,295,520		13.7 years
	Noncompete agreements			1,077,349		1,077,349		3.9 years
	Trade names			3,467,655		3,467,655		12.4 years
	Patents			56,896		56,896		9.0 years
				81,846,327		81,897,420
	Less accumulated amortization			-25,270,793		-28,932,648
	Intangible assets, net		$	56,575,534	$	52,964,772
	Amortization expense related to these intangible assets was $0.9 million and $1.8 million for the three months ended June 30, 2013 and 2014, respectively, and $1.8 million and $3.6 million for the six months ended June 30, 2013 and 2014, respectively.
	The estimated amortization expense for the next five years is as follows:
	Remainder of 2014		$	3,642,354
	2015			6,621,430
	2016			6,208,960
	2017			5,727,655
	2018			5,200,277
	Thereafter			25,564,096
			$	52,964,772

Income_Taxes

Income Taxes	6 Months Ended
	Jun. 30, 2014
Income Tax Disclosure [Abstract]	'
Income Tax Disclosure [Text Block]	'
	5	Income Taxes
	The company’s effective income tax rate was 31.2% and 31.4% in the three months ended June 30, 2013 and 2014, respectively, and (50.4)% and 31.4% for the six months ended June 30, 2013 and 2014, respectively. The company’s effective income tax rate differs from the U.S. federal statutory rate each year due to certain operations that are subject to tax incentives, state and local taxes, and foreign taxes that are different than the U.S. federal statutory rate. In addition, the effective tax rate can be impacted each period by discrete factors and events.

Earnings_Per_Share

Earnings Per Share	6 Months Ended
	Jun. 30, 2014
Earnings Per Share [Abstract]	'
Earnings Per Share [Text Block]	'
	6	Earnings Per Share
	Basic earnings per common share is calculated by dividing net income by the weighted average number of common shares outstanding. Diluted earnings per share is calculated by dividing net income by the weighted average shares outstanding plus share equivalents that would arise from the exercise of stock options and vesting of restricted common shares and from contingently issuable shares related to acquisitions. During the three months ended June 30, 2013 and 2014, an aggregate of 1,328,086 and 2,755,579 options and restricted common shares, respectively, and during the six months ended June 30, 2013 and 2014, an aggregate of 1,125,995 and 2,622,600 options and restricted common shares, respectively, were excluded from the calculation as these options and restricted common shares were anti-dilutive. The computations of basic and diluted earnings per common share for the three and six months ended June 30, 2013 and 2014 are as follows:
			Three Months Ended June 30,				Six Months Ended June 30,
			2013		2014		2013		2014
	Numerator:
	Net income		$	3,675,521	$	1,605,372	$	874,247	$	1,894,779
	Denominator:
	Denominator for basic earnings per share--weighted-average shares			50,728,372		51,543,799		50,554,642		51,444,535
	Effect of dilutive securities:
	Employee stock options and restricted shares			1,237,167		821,963		1,491,358		824,848
	Contingently issuable shares			-		833,517		-		497,023
	Denominator for dilutive earnings per share			51,965,539		53,199,279		52,046,000		52,766,406
	Basic earnings per share		$	0.07	$	0.03	$	0.02	$	0.04
	Diluted earnings per share		$	0.07	$	0.03	$	0.02	$	0.04

Accumulated_Other_Comprehensiv

Accumulated Other Comprehensive Income (Loss)	6 Months Ended
	Jun. 30, 2014
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]	'
Comprehensive Income (Loss) Note [Text Block]	'
	7	Accumulated Other Comprehensive Income (Loss)
	The table below presents changes in the components of accumulated other comprehensive income (loss) for the three and six months ended June 30, 2013 and 2014:
			Three Months Ended June 30,
			2013						2014
			Foreign currency		Unrealized holding gains on available-		Total		Foreign currency
					for-sale securities
	Balance, beginning of period		$	-1,644,768	$	-	$	-1,644,768	$	3,092,749
	Other comprehensive income before reclassifications			-198,270		-		-198,270		507,869
	Amounts reclassified from AOCI			-		-		-		-
	Net current-period other comprehensive income (loss)			-198,270		-		-198,270		507,869
	Balance, end of period		$	-1,843,038	$	-	$	-1,843,038	$	3,600,618
			Six Months Ended June 30,
			2013						2014
			Foreign currency		Unrealized holding gains on available-		Total		Foreign currency
					for-sale securities
	Balance, beginning of period		$	271,583	$	1,338	$	272,921	$	2,777,000
	Other comprehensive income before reclassifications			-2,114,621		-		-2,114,621		823,618
	Amounts reclassified from AOCI			-		-1,338		-1,338		-
	Net current-period other comprehensive income (loss)			-2,114,621		-1,338		-2,115,959		823,618
	Balance, end of period		$	-1,843,038	$	-	$	-1,843,038	$	3,600,618

Related_Party_Transactions

Related Party Transactions	6 Months Ended
	Jun. 30, 2014
Related Party Transactions [Abstract]	'
Related Party Transactions Disclosure [Text Block]	'
	8	Related Party Transactions
	Agreements and Services with Related Parties
	The Company provides print procurement services to Arthur J. Gallagher & Co. J. Patrick Gallagher, Jr., a member of the Company’s Board of Directors, is the Chairman, President and Chief Executive Officer of Arthur J. Gallagher & Co. and has a direct ownership interest in Arthur J. Gallagher & Co. The total amount billed for such print procurement services was $0.2 million and $0.4 million during the three months ended June 30, 2013 and 2014, respectively, and $0.3 million and $0.9 million during the six months ended June 30, 2013 and 2014, respectively. Additionally, Arthur J. Gallagher & Co. provides insurance brokerage and risk management services to the Company. As consideration of these services, Arthur J. Gallagher & Co. billed the Company $0.2 million and less than $0.1 million during the three months ended June 30, 2013 and 2014, respectively, and $0.3 million and $0.1 million during the six months ended June 30, 2013 and 2014, respectively. The net amount receivable from Arthur J. Gallagher & Co. at June 30, 2014 was $0.2 million.

Fair_Value_Measurement

Fair Value Measurement	6 Months Ended
	Jun. 30, 2014
Fair Value Disclosures [Abstract]	'
Fair Value Disclosures [Text Block]	'
	9	Fair Value Measurement
	ASC 820 includes a fair value hierarchy that is intended to increase consistency and comparability in fair value measurements and related disclosures. The fair value hierarchy is based on observable or unobservable inputs to valuation techniques that are used to measure fair value. Observable inputs reflect assumptions market participants would use in pricing an asset or liability based on market data obtained from independent sources while unobservable inputs reflect a reporting entity’s pricing based upon its own market assumptions.
	The fair value hierarchy consists of the following three levels:
		•	Level 1: Inputs are quoted prices in active markets for identical assets or liabilities.
		•	Level 2: Inputs are quoted prices for similar assets or liabilities in an active market, quoted prices for identical or similar assets or liabilities in markets that are not active, and inputs other than quoted prices that are observable and market-corroborated inputs, which are derived principally from or corroborated by observable market data.
		•	Level 3: Inputs that are derived from valuation techniques in which one or more significant inputs or value drivers are unobservable.
	The Company's potential contingent consideration payments relating to acquisitions occurring subsequent to January 1, 2009 are its only Level 3 liabilities as of December 31, 2013 and June 30, 2014. The fair value of the liabilities determined by this analysis is primarily driven by the probability of reaching the performance measures required by the purchase agreements and the associated discount rate. Probabilities are estimated by reviewing financial forecasts and assessing the likelihood of reaching the required performance measures based on factors specific to each acquisition as well as the Company’s historical experience with similar arrangements. If an acquisition reaches the required performance measure, the estimated probability would be increased to 100%, and if the measure is not reached, the probability would be reduced to reflect the amount earned, if any, depending on the terms of the agreement. Discount rates are estimated by using the local government bond yields plus the Company’s credit spread. A one percentage point increase in the discount rate across all contingent consideration liabilities would result in a decrease to the fair value of approximately $1.6 million.
	The following table sets forth the Company’s financial assets and financial liabilities measured at fair value on a recurring basis and the basis of measurement at December 31, 2013 and June 30, 2014, respectively:
	At December 31, 2013		Total Fair Value Measurement		Quoted Prices in Active Markets for		Significant Other Observable Inputs		Significant Unobservable Inputs
					Identical Assets (Level 1)		(Level 2)		(Level 3)
	Assets:
	Money market funds(1)		$	667,122	$	667,122	$	-	$	-
	Liabilities:
	Contingent consideration		$	-87,332,461	$	-	$	-	$	-87,332,461
	At June 30, 2014		Total Fair Value Measurement		Quoted Prices in Active Markets for		Significant Other Observable Inputs		Significant Unobservable Inputs
					Identical Assets (Level 1)		(Level 2)		(Level 3)
	Assets:
	Money market funds(1)		$	667,200	$	667,200	$	-	$	-
	Liabilities:
	Contingent consideration		$	-72,023,166	$	-	$	-	$	-72,023,166
	(1)	Included in cash and cash equivalents on the balance sheet.
	The following table provides a reconciliation of the beginning and ending balances for the liabilities measured at fair value using significant unobservable inputs (Level 3):
			Fair Value Measurements
			at Reporting Date
			Using Significant
			Unobservable Inputs
			(Level 3)
			Contingent Consideration
	Balance as of December 31, 2013		$	-87,332,461
	Contingent consideration payments paid in cash			612,500
	Contingent consideration payments paid in common stock			1,935,182
	Change in fair value (1)			173,508
	Reclass to Due to seller			12,616,090
	Foreign exchange impact (2)			-27,985
	Balance as of June 30, 2014		$	-72,023,166
	(1)	Adjustments to original contingent consideration obligations recorded were the result of using revised financial forecasts and updated fair value measurements. These changes are recognized within operating expenses on the consolidated statement of comprehensive income.
	-2	Changes in the contingent consideration liability which are caused by foreign exchange rate fluctuations are recognized in other comprehensive income.

Commitments_and_Contingencies

Commitments and Contingencies	6 Months Ended
	Jun. 30, 2014
Commitments and Contingencies Disclosure [Abstract]	'
Commitments and Contingencies Disclosure [Text Block]	'
	10	Commitments and Contingencies
	Legal Contingencies
	In December 2010, e-Lynxx Corporation filed a complaint against the Company and numerous other defendants for patent infringement in the United States District Court for the Middle District of Pennsylvania. As to the Company, the complaint alleges, among other things, that certain aspects of the Company’s PPM4 technology infringe on two patents owned by e-Lynxx purporting to cover a system and method for competitive pricing and procurement of customized goods and services, and seeks monetary damages, interest, costs, attorneys’ fees, punitive damages and a permanent injunction. In May 2013, e-Lynxx asserted that the monetary damages it seeks from the Company are in the range of $35 million to $88 million for the period from May 2009 through December 2012; e-Lynxx has not yet specified damages sought for 2013 and future periods. The Company disputes the allegations contained in e-Lynxx’s complaint and intends to vigorously defend this matter. Specifically, the Company contends that the patents at issue are invalid and not infringed, and, therefore, e-Lynxx is not entitled to any relief and the complaint should be dismissed. Further, even if e-Lynxx could establish liability, the Company contends that e-Lynxx is not entitled to the excessive monetary relief it seeks. On July 25, 2013, the court granted the Company’s motion for summary judgment, finding that the Company did not infringe the patents-in-suit. E-Lynxx filed a motion for reconsideration, which was denied. On March 5, 2014, e-Lynxx filed an appeal from the judgment entered in favor of the Company. The Company intends to vigorously defend the e-Lynxx appeal. The Company believes that an unfavorable outcome is reasonably possible or remote but not probable, and therefore, no reserve has been recorded for a potential loss. The loss that is reasonably possible or remote cannot be estimated.
	In October 2012, a former sales employee of the Company filed an arbitration claim against the Company arising from the Company’s termination of his employment in November 2011. He alleged disability discrimination, defamation, breach of employment agreement, invasion of privacy, and wage payment claims, and sought monetary damages in excess of $9.0 million, interest, punitive damages, injunctive relief, declaratory relief, and attorneys’ fees and costs. An arbitration hearing was held in this matter in November 2013. The Company disputed these allegations and vigorously defended itself in the matter. Specifically, the Company contended that it lawfully terminated his employment for cause, and, therefore, that he is not entitled to any relief and his claims should be dismissed. On May 7, 2014, the Arbitrator issued a final decision in favor of the Company on all of the alleged claims. Therefore, the Company has no liability to the claimant, and the matter is closed.
	In October 2013, the Company removed the former owner of Productions Graphics from his role as President of Productions Graphics, the Company’s French subsidiary. He had been in that role since the Company’s 2011 acquisition of Productions Graphics, a European business then principally owned by him. In December 2013, the former owner of Productions Graphics initiated a wrongful termination claim in the Commercial Court of Paris seeking approximately €0.7 million in fees and damages. In anticipation of this claim, in November 2013, he also obtained a judicial asset attachment order in the amount of €0.7 million as payment security; the attachment order was confirmed in January 2014, and the Company filed an appeal of the order, which is currently pending. The Company disputes the allegations of the former owner of Productions Graphics and intends to vigorously defend these matters. In February 2014, based on a review the Company initiated into certain transactions associated with the former owner of Productions Graphics, the Company concluded that he had engaged in fraud by inflating the results of the Productions Graphics business in order to induce the Company to pay him €7.1 million in contingent consideration pursuant to the acquisition agreement. In light of those findings, in February 2014 the Company filed a criminal complaint in France seeking to redress the harm caused by his conduct. In addition to these pending matters, there may be other potential disputes between the Company and the former owner of Productions Graphics relating to the acquisition agreement. As of June 30, 2014, the Company had paid €5.8 million in fixed consideration and €7.1 million in contingent consideration to the former owner of Productions Graphics; the remaining maximum contingent consideration for the earn-out periods ended in 2013 and ending in 2014 and 2015 is €55.0 million.
	In February 2014, following the Company’s February 2014 announcement of its intention to restate certain historical financial statements, an individual filed a putative securities class action complaint in the United States District Court for the Northern District of Illinois entitled Van Noppen v. InnerWorkings et al. The complaint, as amended in July 2014, alleges that the Company and certain executive officers violated federal securities laws by making materially false or misleading statements or omissions, and by engaging in a scheme to defraud purchasers of securities, relating to the Company’s financial results and prospects. The purported misstatements and scheme relate to the Company’s inside sales initiative and the Productions Graphics business based in France. The complaint seeks unspecified damages, interest, attorneys’ fees and other costs. The Company and individual defendants dispute the claims and intend to vigorously defend the matter. Any loss that the Company and individual defendants may incur as a result of this matter cannot be estimated.
	Secured Borrowings
	Certain international subsidiaries are party to short-term secured borrowing arrangements which allow the Company to borrow against the value of a pool of current accounts receivable. The Company retains possession of the accounts receivable which are pledged as collateral. The pledged amounts are immaterial to the consolidated accounts receivable balance.

Business_Segments

Business Segments	6 Months Ended
	Jun. 30, 2014
Segment Reporting [Abstract]	'
Segment Reporting Disclosure [Text Block]	'
	11	Business Segments
	Segment information is prepared on the same basis that our CEO, who is our chief operating decision maker (“CODM”), manages the segments, evaluates financial results, and makes key operating decisions. The Company is organized and managed as three business segments: North America, Latin America, and EMEA. The North America segment includes operations in the United States and Canada; the Latin America segment includes operations in South America and Central America; and the EMEA segment includes operations in the United Kingdom, continental Europe, the Middle East, Africa and Asia. “Other” consists of intersegment eliminations, shared service activities and unallocated corporate expenses. All transactions between segments are presented at their gross amounts and eliminated through Other.
	Management evaluates the performance of its operating segments based on net revenues and Adjusted EBITDA, which is a non-GAAP financial measure. The accounting policies of each of the operating segments are the same as those described in the summary of significant accounting policies in Note 1. Adjusted EBITDA represents income from operations excluding depreciation and amortization, stock-based compensation expense, income/expense related to changes in the fair value of contingent consideration liabilities and other items as described below. Management does not evaluate the performance of its operating segments using asset measures.
	The table below presents financial information for the Company’s reportable operating segments and Other for the three and six month periods noted (in thousands):
			North America		Latin America		EMEA		Other		Total
	Three Months Ended June 30, 2014:
	Net revenue from third parties		$	181,402	$	28,192	$	50,756	$	-	$	260,350
	Net revenue from other segments			48		150		1,422		-1,620		-
	Total net revenues			181,450		28,342		52,178		-1,620		260,350
	Adjusted EBITDA (1)			14,293		1,597		1,671		-8,016		9,545
	Three Months Ended June 30, 2013:
	Net revenue from third parties		$	162,724	$	21,796	$	26,356	$	-	$	210,876
	Net revenue from other segments			2		582		7		-591		-
	Total net revenues			162,726		22,378		26,363		-591		210,876
	Adjusted EBITDA (1)			12,978		624		-299		-7,407		5,896
			North America		Latin America		EMEA		Other		Total
	Six Months Ended June 30, 2014:
	Net revenue from third parties		$	348,843	$	52,900	$	100,096	$	-	$	501,839
	Net revenue from other segments			48		218		2,411		-2,677		-
	Total net revenues			348,891		53,118		102,507		-2,677		501,839
	Adjusted EBITDA (1)			26,767		2,731		2,768		-14,219		18,047
	Six Months Ended June 30, 2013:
	Net revenue from third parties		$	327,094	$	39,971	$	48,388	$	-	$	415,453
	Net revenue from other segments			20		846		10		-876		-
	Total net revenues			327,114		40,817		48,398		-876		415,453
	Adjusted EBITDA (1)			25,761		1,248		-378		-13,970		12,661
	(1)	Adjusted EBITDA, which represents income from operations with the addition of depreciation and amortization, stock-based compensation expense, change in the fair value of contingent consideration liabilities, certain legal settlements and restatement-related professional fees, is considered a non-GAAP financial measure under SEC regulations. Income from operations is the most directly comparable financial measure calculated in accordance with GAAP. The Company presents this measure as supplemental information to help investors better understand trends in its business results over time. The Company’s management team uses Adjusted EBITDA to evaluate the performance of the business. Adjusted EBITDA is not equivalent to any measure of performance required to be reported under GAAP, nor should this data be considered an indicator of the Company’s overall financial performance and liquidity. Moreover, the Adjusted EBITDA definition the Company uses may not be comparable to similarly titled measures reported by other companies.
	The table below reconciles the total of the reportable segments' Adjusted EBITDA and the Adjusted EBITDA included in Other to income before income taxes (in thousands):
			Three Months Ended June 30,				Six Months Ended June 30,
			2013		2014		2013		2014
	Adjusted EBITDA		$	5,896	$	9,545	$	12,661	$	18,047
	Depreciation and amortization			-2,648		-4,374		-5,114		-8,545
	Stock-based compensation			-1,081		-1,252		-2,054		-2,649
	Change in fair value of contingent consideration			1,649		-522		1,040		174
	Payments to former owner of Productions Graphics, net of cash recovered			2,522		-		-3,787		-
	Legal fees in connection with patent infringement defense			-507		-		-752		-
	Restatement-related professional fees			-		-		-		-2,093
	Total other expense			-489		-1,058		-1,413		-2,174
	Income before income taxes		$	5,342	$	2,339	$	581	$	2,760

Summary_of_Significant_Account1

Summary of Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2014
Accounting Policies [Abstract]	'
Basis of Presentation and Significant Accounting Policies [Text Block]	'
	Basis of Presentation of Interim Financial Statements
	The accompanying unaudited consolidated financial statements of InnerWorkings, Inc. and subsidiaries (the “Company”) included herein have been prepared to conform to the rules and regulations of the Securities and Exchange Commission (“SEC”) and accounting principles generally accepted in the United States (“GAAP”) for interim financial information. Certain information and footnote disclosures normally included in financial statements prepared in accordance with GAAP have been condensed or omitted pursuant to such rules and regulations. In the opinion of management, all adjustments considered necessary for a fair presentation of the accompanying unaudited financial statements have been included, and all adjustments are of a normal and recurring nature. The operating results for the three and six months ended June 30, 2014 are not necessarily indicative of the results to be expected for the full year of 2014. These condensed interim consolidated financial statements and notes should be read in conjunction with the Company’s Consolidated Financial Statements and Notes thereto as of December 31, 2013 included in the Company’s Annual Report on Form 10-K/A filed with the SEC on April 21, 2014.
Reclassification, Policy [Policy Text Block]	'
	Reclassifications
	Certain prior year amounts have been reclassified to conform to the current presentation. These reclassifications have not been material and have not affected net income.
Foreign Currency Transactions and Translations Policy [Policy Text Block]	'
	Foreign Currency Translation
	The functional currency for the Company’s foreign operations is the local currency. Assets and liabilities of these operations are translated into U.S. currency at the rates of exchange at the balance sheet date. The resulting translation adjustments are included in accumulated other comprehensive income, a separate component of stockholders’ equity. Income and expense items are translated at average monthly rates of exchange. The net realized gains (losses) on foreign currency transactions were less than $0.1 million and $(0.1) million during the three months ended June 30, 2013 and 2014, respectively, and $(0.4) million and $(0.2) million during the six months ended June 30, 2013 and 2014, respectively.
Revenue Recognition, Policy [Policy Text Block]	'
	Revenue Recognition
	The Company recognizes revenue upon meeting all of the following revenue recognition criteria, which are typically met upon shipment or delivery of our products to customers: (i) persuasive evidence of an arrangement exists through customer contracts and orders, (ii) the customer takes title and assumes the risks and rewards of ownership, (iii) the sales price charged is fixed or determinable as evidenced by customer contracts and orders, and (iv) collectability is reasonably assured. Unbilled revenue relates to shipments that have been made to customers for which the related account receivable has not yet been billed.
	In accordance with Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 605-45, Revenue Recognition – Principal Agent Considerations, the Company generally reports revenue on a gross basis because the Company is the primary obligor in its arrangements to procure printed materials and other products for its customers. Under these arrangements, the Company is responsible for the fulfillment, including the acceptability, of the printed materials and other products. In addition, the Company (i) determines which suppliers are included in its network, (ii) has discretion to select from among the suppliers within its network, (iii) is obligated to pay its suppliers regardless of whether it is paid by its customers, and (iv) has reasonable latitude to establish exchange price. In some transactions, the Company also has general inventory risk and is involved in the determination of the nature or characteristics of the printed materials and products. When the Company is not the primary obligor, revenues are reported net.
	The Company recognizes revenue for creative and other services provided to its customers which may be delivered in conjunction with the procurement of printed materials at the time when delivery and customer acceptance occur and all other revenue recognition criteria are met. The Company recognizes revenue for creative and other services provided on a stand-alone basis upon completion of the service. Service revenue has not been material to the Company’s overall revenue to date.
Goodwill and Intangible Assets, Policy [Policy Text Block]	'
	Goodwill and Other Intangibles
	Goodwill represents the excess of purchase price and related costs over the value assigned to the net tangible and identifiable intangible assets of businesses acquired. In accordance with ASC 350, Intangibles—Goodwill and Other, goodwill is not amortized, but instead is tested for impairment annually, or more frequently if circumstances indicate a possible impairment may exist. Absent any interim indicators of impairment, the Company tests for goodwill impairment as of December 31 of each year. The provisions of ASU 2011-08, Testing Goodwill for Impairment, were adopted in the fourth quarter of 2012. ASU 2011-08 permits an entity to first assess qualitative factors to determine whether it is more likely than not that the fair value of a reporting unit is less than its carrying amount as a basis for determining whether it is necessary to perform the quantitative goodwill impairment test. If the quantitative test is required, in the first step, the fair value for each reporting unit is compared to its book value including goodwill. In the case that the fair value is less than the book value, a second step is performed which compares the implied fair value of goodwill to the book value of goodwill. The fair value for the goodwill is determined based on the difference between the fair value of the reporting unit and the net fair values of the identifiable assets and liabilities. If the implied fair value of the goodwill is less than the book value of the goodwill, the difference is recognized as an impairment.
	The Company defines its three reporting units as North America, Latin America and EMEA. At December 31, 2013, the Company elected to perform the quantitative impairment test for each of its three reporting units. In performing this test, the Company determined the fair value of the reporting units based on the income approach. Under the income approach, the fair value of a reporting unit is calculated based on the present value of estimated future cash flows. No impairment was identified as of December 31, 2013 as a result of this test. The Company does not believe that goodwill is impaired as of June 30, 2014.
	The fair value estimates used in the goodwill impairment analysis required significant judgment. The Company's fair value estimates for purposes of determining the goodwill impairment charge are considered Level 3 fair value measurements. The fair value estimates were based on assumptions that management believes to be reasonable, but that are inherently uncertain, including estimates of future revenues and operating margins and assumptions about the overall economic climate and the competitive environment for the business.
	In accordance with ASC 350, Intangibles—Goodwill and Other, the Company amortizes its intangible assets with finite lives over their respective estimated useful lives and reviews for impairment whenever impairment indicators exist. The Company’s intangible assets consist of customer lists, noncompete agreements, trade names and patents. The Company’s customer lists, which have an estimated weighted-average useful life of fourteen years, are being amortized using the economic life method. The Company’s noncompete agreements, trade names and patents are being amortized on the straight-line basis over their estimated weighted-average useful lives of approximately four years, twelve years and nine years, respectively. The Company does not believe that intangible assets are impaired as of June 30, 2014.
Share-based Compensation, Option and Incentive Plans Policy [Policy Text Block]	'
	Stock-Based Compensation
	The Company accounts for stock-based compensation awards to employees and directors in accordance with ASC 718, Compensation—Stock Compensation. Compensation expense is measured by determining the fair value using the Black-Scholes option valuation model and is then recognized over the requisite service period of the awards, which is generally the vesting period, on a straight-line basis for the entire award.
	Stock-based compensation cost recognized during the period is based on the portion of the share-based payment awards that are ultimately expected to vest. Accordingly, stock-based compensation cost recognized has been reduced for estimated forfeitures. Forfeitures are estimated at the time of grant and revised, if necessary, in subsequent periods if actual forfeitures differ from those estimates.
	During the six month periods ended June 30, 2013 and 2014, the Company granted 226,971 and 763,305 options, respectively. In addition, during the six month periods ended June 30, 2013 and 2014, the Company granted 216,649 and 727,496 restricted common shares, respectively. During the six month periods ended June 30, 2013 and 2014, 553,838 and 259,591 options were exercised and restricted common shares vested, respectively. The Company recorded $1.1 million and $1.3 million of compensation expense for the three months ended June 30, 2013 and 2014, respectively, and $2.1 million and $2.6 million for the six months ended June 30, 2013 and 2014, respectively.
New Accounting Pronouncements, Policy [Policy Text Block]	'
	Recent Accounting Pronouncements
	In May 2014, the FASB issued Accounting Standards Update No. 2014-09, Revenue from Contracts with Customers (Topic 606) (“ASU 2014-09”), which amends the existing accounting standards for revenue recognition. ASU 2014-09 is based on principles that govern the recognition of revenue at an amount an entity expects to be entitled when products are transferred to customers. ASU 2014-09 will be effective for the Company beginning on January 1, 2017. Early adoption is not permitted. The new revenue standard may be applied retrospectively to each prior period presented or retrospectively with the cumulative effect recognized as of the date of adoption. The Company is currently evaluating the impact of adopting the new revenue standard on its consolidated financial statements.

Acquisitions_Tables

Acquisitions (Tables)	6 Months Ended
	Jun. 30, 2014
Business Combinations [Abstract]	'
Schedule of Business Acquisitions by Acquisition, Contingent Consideration [Table Text Block]	'
	As of June 30, 2014, the potential maximum contingent payments are payable as follows:
		Cash		Common Stock		Total
	2014	$	1,436,833	$	7,548,913	$	8,985,746
	2015		13,774,599		36,829,728		50,604,327
	2016		32,952,675		36,156,165		69,108,840
	2017		-		45,960,300		45,960,300
		$	48,164,107	$	126,495,106	$	174,659,213

Goodwill_Tables

Goodwill (Tables)	6 Months Ended
	Jun. 30, 2014
Goodwill and Intangible Assets Disclosure [Abstract]	'
Business Combination, Segment Allocation [Table Text Block]	'
	The following is a summary of the goodwill balance for each operating segment as of June 30, 2014:
		North America		Latin America		EMEA		Total
	Net goodwill as of December 31, 2013	$	171,094,576	$	9,875,236	$	70,258,886	$	251,228,698
	Finalization of purchase accounting for prior year acquisitions		-167,922		-		692,839		524,917
	Foreign exchange impact		1,972		-		107,411		109,383
	Net goodwill as of June 30, 2014	$	170,928,626	$	9,875,236	$	71,059,136	$	251,862,998

Other_Intangible_Assets_Tables

Other Intangible Assets (Tables)	6 Months Ended
	Jun. 30, 2014
Goodwill and Intangible Assets Disclosure [Abstract]	'
Schedule Of Finite Lived And Indefinite Lived Intangible Assets [Table Text Block]	'
	The following is a summary of the Company’s other intangible assets as of December 31, 2013 and June 30, 2014:
		December 31, 2013		June 30, 2014		Weighted Average Life
	Customer lists	$	77,244,427	$	77,295,520		13.7 years
	Noncompete agreements		1,077,349		1,077,349		3.9 years
	Trade names		3,467,655		3,467,655		12.4 years
	Patents		56,896		56,896		9.0 years
			81,846,327		81,897,420
	Less accumulated amortization		-25,270,793		-28,932,648
	Intangible assets, net	$	56,575,534	$	52,964,772
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]	'
	The estimated amortization expense for the next five years is as follows:
	Remainder of 2014	$	3,642,354
	2015		6,621,430
	2016		6,208,960
	2017		5,727,655
	2018		5,200,277
	Thereafter		25,564,096
		$	52,964,772

Earnings_Per_Share_Tables

Earnings Per Share (Tables)	6 Months Ended
	Jun. 30, 2014
Earnings Per Share [Abstract]	'
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	'
	The computations of basic and diluted earnings per common share for the three and six months ended June 30, 2013 and 2014 are as follows:
		Three Months Ended June 30,				Six Months Ended June 30,
		2013		2014		2013		2014
	Numerator:
	Net income	$	3,675,521	$	1,605,372	$	874,247	$	1,894,779
	Denominator:
	Denominator for basic earnings per share--weighted-average shares		50,728,372		51,543,799		50,554,642		51,444,535
	Effect of dilutive securities:
	Employee stock options and restricted shares		1,237,167		821,963		1,491,358		824,848
	Contingently issuable shares		-		833,517		-		497,023
	Denominator for dilutive earnings per share		51,965,539		53,199,279		52,046,000		52,766,406
	Basic earnings per share	$	0.07	$	0.03	$	0.02	$	0.04
	Diluted earnings per share	$	0.07	$	0.03	$	0.02	$	0.04

Accumulated_Other_Comprehensiv1

Accumulated Other Comprehensive Income (Loss) (Tables)	6 Months Ended
	Jun. 30, 2014
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]	'
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]	'
	The table below presents changes in the components of accumulated other comprehensive income (loss) for the three and six months ended June 30, 2013 and 2014:
		Three Months Ended June 30,
		2013						2014
		Foreign currency		Unrealized holding gains on available-		Total		Foreign currency
				for-sale securities
	Balance, beginning of period	$	-1,644,768	$	-	$	-1,644,768	$	3,092,749
	Other comprehensive income before reclassifications		-198,270		-		-198,270		507,869
	Amounts reclassified from AOCI		-		-		-		-
	Net current-period other comprehensive income (loss)		-198,270		-		-198,270		507,869
	Balance, end of period	$	-1,843,038	$	-	$	-1,843,038	$	3,600,618
		Six Months Ended June 30,
		2013						2014
		Foreign currency		Unrealized holding gains on available-		Total		Foreign currency
				for-sale securities
	Balance, beginning of period	$	271,583	$	1,338	$	272,921	$	2,777,000
	Other comprehensive income before reclassifications		-2,114,621		-		-2,114,621		823,618
	Amounts reclassified from AOCI		-		-1,338		-1,338		-
	Net current-period other comprehensive income (loss)		-2,114,621		-1,338		-2,115,959		823,618
	Balance, end of period	$	-1,843,038	$	-	$	-1,843,038	$	3,600,618

Fair_Value_Measurement_Tables

Fair Value Measurement (Tables)	6 Months Ended
	Jun. 30, 2014
Related Party Transactions [Abstract]	'
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]	'
	The following table sets forth the Company’s financial assets and financial liabilities measured at fair value on a recurring basis and the basis of measurement at December 31, 2013 and June 30, 2014, respectively:
	At December 31, 2013		Total Fair Value Measurement		Quoted Prices in Active Markets for		Significant Other Observable Inputs		Significant Unobservable Inputs
					Identical Assets (Level 1)		(Level 2)		(Level 3)
	Assets:
	Money market funds(1)		$	667,122	$	667,122	$	-	$	-
	Liabilities:
	Contingent consideration		$	-87,332,461	$	-	$	-	$	-87,332,461
	At June 30, 2014		Total Fair Value Measurement		Quoted Prices in Active Markets for		Significant Other Observable Inputs		Significant Unobservable Inputs
					Identical Assets (Level 1)		(Level 2)		(Level 3)
	Assets:
	Money market funds(1)		$	667,200	$	667,200	$	-	$	-
	Liabilities:
	Contingent consideration		$	-72,023,166	$	-	$	-	$	-72,023,166
	(1)	Included in cash and cash equivalents on the balance sheet.
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]	'
	The following table provides a reconciliation of the beginning and ending balances for the liabilities measured at fair value using significant unobservable inputs (Level 3):
			Fair Value Measurements
			at Reporting Date
			Using Significant
			Unobservable Inputs
			(Level 3)
			Contingent Consideration
	Balance as of December 31, 2013		$	-87,332,461
	Contingent consideration payments paid in cash			612,500
	Contingent consideration payments paid in common stock			1,935,182
	Change in fair value (1)			173,508
	Reclass to Due to seller			12,616,090
	Foreign exchange impact (2)			-27,985
	Balance as of June 30, 2014		$	-72,023,166
	(1)	Adjustments to original contingent consideration obligations recorded were the result of using revised financial forecasts and updated fair value measurements. These changes are recognized within operating expenses on the consolidated statement of comprehensive income.
	-2	Changes in the contingent consideration liability which are caused by foreign exchange rate fluctuations are recognized in other comprehensive income.

Business_Segments_Tables

Business Segments (Tables)	6 Months Ended
	Jun. 30, 2014
Segment Reporting [Abstract]	'
Schedule of Segment Reporting Information, by Segment [Table Text Block]	'
	The table below presents financial information for the Company’s reportable operating segments and Other for the three and six month periods noted (in thousands):
			North America		Latin America		EMEA		Other		Total
	Three Months Ended June 30, 2014:
	Net revenue from third parties		$	181,402	$	28,192	$	50,756	$	-	$	260,350
	Net revenue from other segments			48		150		1,422		-1,620		-
	Total net revenues			181,450		28,342		52,178		-1,620		260,350
	Adjusted EBITDA (1)			14,293		1,597		1,671		-8,016		9,545
	Three Months Ended June 30, 2013:
	Net revenue from third parties		$	162,724	$	21,796	$	26,356	$	-	$	210,876
	Net revenue from other segments			2		582		7		-591		-
	Total net revenues			162,726		22,378		26,363		-591		210,876
	Adjusted EBITDA (1)			12,978		624		-299		-7,407		5,896
			North America		Latin America		EMEA		Other		Total
	Six Months Ended June 30, 2014:
	Net revenue from third parties		$	348,843	$	52,900	$	100,096	$	-	$	501,839
	Net revenue from other segments			48		218		2,411		-2,677		-
	Total net revenues			348,891		53,118		102,507		-2,677		501,839
	Adjusted EBITDA (1)			26,767		2,731		2,768		-14,219		18,047
	Six Months Ended June 30, 2013:
	Net revenue from third parties		$	327,094	$	39,971	$	48,388	$	-	$	415,453
	Net revenue from other segments			20		846		10		-876		-
	Total net revenues			327,114		40,817		48,398		-876		415,453
	Adjusted EBITDA (1)			25,761		1,248		-378		-13,970		12,661
	(1)	Adjusted EBITDA, which represents income from operations with the addition of depreciation and amortization, stock-based compensation expense, change in the fair value of contingent consideration liabilities, certain legal settlements and restatement-related professional fees, is considered a non-GAAP financial measure under SEC regulations. Income from operations is the most directly comparable financial measure calculated in accordance with GAAP. The Company presents this measure as supplemental information to help investors better understand trends in its business results over time. The Company’s management team uses Adjusted EBITDA to evaluate the performance of the business. Adjusted EBITDA is not equivalent to any measure of performance required to be reported under GAAP, nor should this data be considered an indicator of the Company’s overall financial performance and liquidity. Moreover, the Adjusted EBITDA definition the Company uses may not be comparable to similarly titled measures reported by other companies.
Schedule Of Earnings Before Interest Tax Depreciation And Amortization Reconciliation [Table Text Block]	'
	The table below reconciles the total of the reportable segments' Adjusted EBITDA and the Adjusted EBITDA included in Other to income before income taxes (in thousands):
			Three Months Ended June 30,				Six Months Ended June 30,
			2013		2014		2013		2014
	Adjusted EBITDA		$	5,896	$	9,545	$	12,661	$	18,047
	Depreciation and amortization			-2,648		-4,374		-5,114		-8,545
	Stock-based compensation			-1,081		-1,252		-2,054		-2,649
	Change in fair value of contingent consideration			1,649		-522		1,040		174
	Payments to former owner of Productions Graphics, net of cash recovered			2,522		-		-3,787		-
	Legal fees in connection with patent infringement defense			-507		-		-752		-
	Restatement-related professional fees			-		-		-		-2,093
	Total other expense			-489		-1,058		-1,413		-2,174
	Income before income taxes		$	5,342	$	2,339	$	581	$	2,760

Summary_of_Significant_Account2

Summary of Significant Accounting Policies (Details Textual) (USD $)	3 Months Ended		6 Months Ended
In Millions, except Share data, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Schedule of Significant Accounting Policies [Line Items]	'	'	'	'
Foreign Currency Transaction Gain (Loss), Realized	($0.10)	$0.10	($0.20)	($0.40)
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Net of Forfeitures, Total	'	'	763,305	226,971
Stock Issued During Period, Shares, Restricted Stock Award, Net of Forfeitures, Total	'	'	727,496	216,649
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Exercisable, Number	259,591	553,838	259,591	553,838
Allocated Share-based Compensation Expense	$1.30	$1.10	$2.60	$2.10

Acquisitions_Details

Acquisitions (Details) (USD $)	Jun. 30, 2014
Business Acquisition, Contingent Consideration [Line Items]	'
Potential Maximum Contingent Payments	$174,659,213
Common Stock [Member]	'
Business Acquisition, Contingent Consideration [Line Items]	'
Potential Maximum Contingent Payments	126,495,106
Cash [Member]	'
Business Acquisition, Contingent Consideration [Line Items]	'
Potential Maximum Contingent Payments	48,164,107
2014 [Member]	'
Business Acquisition, Contingent Consideration [Line Items]	'
Potential Maximum Contingent Payments	8,985,746
2014 [Member] | Common Stock [Member]	'
Business Acquisition, Contingent Consideration [Line Items]	'
Potential Maximum Contingent Payments	7,548,913
2014 [Member] | Cash [Member]	'
Business Acquisition, Contingent Consideration [Line Items]	'
Potential Maximum Contingent Payments	1,436,833
2015 [Member]	'
Business Acquisition, Contingent Consideration [Line Items]	'
Potential Maximum Contingent Payments	50,604,327
2015 [Member] | Common Stock [Member]	'
Business Acquisition, Contingent Consideration [Line Items]	'
Potential Maximum Contingent Payments	36,829,728
2015 [Member] | Cash [Member]	'
Business Acquisition, Contingent Consideration [Line Items]	'
Potential Maximum Contingent Payments	13,774,599
2016 [Member]	'
Business Acquisition, Contingent Consideration [Line Items]	'
Potential Maximum Contingent Payments	69,108,840
2016 [Member] | Common Stock [Member]	'
Business Acquisition, Contingent Consideration [Line Items]	'
Potential Maximum Contingent Payments	36,156,165
2016 [Member] | Cash [Member]	'
Business Acquisition, Contingent Consideration [Line Items]	'
Potential Maximum Contingent Payments	32,952,675
2017 [Member]	'
Business Acquisition, Contingent Consideration [Line Items]	'
Potential Maximum Contingent Payments	45,960,300
2017 [Member] | Common Stock [Member]	'
Business Acquisition, Contingent Consideration [Line Items]	'
Potential Maximum Contingent Payments	45,960,300
2017 [Member] | Cash [Member]	'
Business Acquisition, Contingent Consideration [Line Items]	'
Potential Maximum Contingent Payments	$0

Acquisitions_Details_Textual

Acquisitions (Details Textual) (USD $)	3 Months Ended		6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013	Dec. 31, 2013
Business Acquisition [Line Items]	'	'	'	'	'
Business Combination, Contingent Consideration Arrangements, Change in Amount of Contingent Consideration, Liability	$521,669	($1,649,389)	($173,508)	($1,040,557)	'
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability Value, Beginning Balance	72,023,166	'	72,023,166	'	87,332,461
Payments to Acquire Businesses, Gross	'	'	$600,000	'	'

Goodwill_Details

Goodwill (Details) (USD $)	6 Months Ended
	Jun. 30, 2014
Business Combination Segment Allocation [Line Items]	'
Net goodwill as of December 31, 2013	$251,228,698
Finalization of purchase accounting for prior year acquisitions	524,917
Foreign exchange impact	109,383
Net goodwill as of March 31, 2014	251,862,998
North America [Member]	'
Business Combination Segment Allocation [Line Items]	'
Net goodwill as of December 31, 2013	171,094,576
Finalization of purchase accounting for prior year acquisitions	-167,922
Foreign exchange impact	1,972
Net goodwill as of March 31, 2014	170,928,626
Latin America [Member]	'
Business Combination Segment Allocation [Line Items]	'
Net goodwill as of December 31, 2013	9,875,236
Finalization of purchase accounting for prior year acquisitions	0
Foreign exchange impact	0
Net goodwill as of March 31, 2014	9,875,236
EMEA [Member]	'
Business Combination Segment Allocation [Line Items]	'
Net goodwill as of December 31, 2013	70,258,886
Finalization of purchase accounting for prior year acquisitions	692,839
Foreign exchange impact	107,411
Net goodwill as of March 31, 2014	$71,059,136

Other_Intangible_Assets_Detail

Other Intangible Assets (Details) (USD $)	6 Months Ended
	Jun. 30, 2014	Dec. 31, 2013
Acquired Finite-Lived Intangible Assets [Line Items]	'	'
Finite-Lived Intangible Assets, Gross	$81,897,420	$81,846,327
Less accumulated amortization	-28,932,648	-25,270,793
Intangible assets, net	52,964,772	56,575,534
Trade names [Member]	'	'
Acquired Finite-Lived Intangible Assets [Line Items]	'	'
Finite-Lived Intangible Assets, Gross	3,467,655	3,467,655
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life	'12 years 4 months 24 days	'
Customer lists [Member]	'	'
Acquired Finite-Lived Intangible Assets [Line Items]	'	'
Finite-Lived Intangible Assets, Gross	77,295,520	77,244,427
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life	'13 years 8 months 12 days	'
Noncompete agreements [Member]	'	'
Acquired Finite-Lived Intangible Assets [Line Items]	'	'
Finite-Lived Intangible Assets, Gross	1,077,349	1,077,349
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life	'3 years 10 months 24 days	'
Patents [Member]	'	'
Acquired Finite-Lived Intangible Assets [Line Items]	'	'
Finite-Lived Intangible Assets, Gross	$56,896	$56,896
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life	'9 years	'

Other_Intangible_Assets_Detail1

Other Intangible Assets (Details 1) (USD $)	Jun. 30, 2014
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Line Items]	'
Remainder of 2014	$3,642,354
2015	6,621,430
2016	6,208,960
2017	5,727,655
2018	5,200,277
Thereafter	25,564,096
Finite-Lived Intangible Assets, Net	$52,964,772

Other_Intangible_Assets_Detail2

Other Intangible Assets (Details Textual) (USD $)	3 Months Ended		6 Months Ended
In Millions, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Finite-Lived Intangible Assets [Line Items]	'	'	'	'
Amortization Of Intangible Assets	$1.80	$0.90	$3.60	$1.80

Income_Taxes_Details_Textual

Income Taxes (Details Textual)	3 Months Ended		6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Income Tax Disclosure [Line Items]	'	'	'	'
Effective Income Tax Rate Reconciliation, Percent, Total	31.40%	31.20%	31.40%	-50.40%

Earnings_Per_Share_Details

Earnings Per Share (Details) (USD $)	3 Months Ended		6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Numerator:	'	'	'	'
Net income	$1,605,372	$3,675,521	$1,894,779	$874,247
Denominator:	'	'	'	'
Denominator for basic earnings per share-weighted-average shares	51,543,799	50,728,372	51,444,535	50,554,642
Effect of dilutive securities:	'	'	'	'
Employee stock options and restricted shares	821,963	1,237,167	824,848	1,491,358
Contingently issuable shares	833,517	0	497,023	0
Denominator for dilutive earnings per share	53,199,279	51,965,539	52,766,406	52,046,000
Basic earnings per share	$0.03	$0.07	$0.04	$0.02
Diluted earnings per share	$0.03	$0.07	$0.04	$0.02

Earnings_Per_Share_Details_Tex

Earnings Per Share (Details Textual)	3 Months Ended		6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]	'	'	'	'
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	2,755,579	1,328,086	2,622,600	1,125,995

Accumulated_Other_Comprehensiv2

Accumulated Other Comprehensive Income (Loss) (Details) (USD $)	3 Months Ended		6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Accumulated Other Comprehensive Income (Loss) [Line Items]	'	'	'	'
Balance, beginning of period - Foreign currency	$3,092,749	($1,644,768)	$2,777,000	$271,583
Other comprehensive income before reclassifications - Foreign currency	507,869	-198,270	823,618	-2,114,621
Amounts reclassified from accumulated other comprehensive income - Foreign currency	0	0	0	0
Net current-period other comprehensive income (loss) - Foreign currency	507,869	-198,270	823,618	-2,114,621
Balance, end of period - Foreign currency	3,600,618	-1,843,038	3,600,618	-1,843,038
Balance, beginning of period - Unrealized holding gains on available-for-sale securities	'	0	'	1,338
Other comprehensive income before reclassifications - Unrealized holding gains on available-for-sale securities	'	0	'	0
Amounts reclassified from accumulated other comprehensive income - Unrealized holding gains on available-for-sale securities	'	0	'	-1,338
Net current-period other comprehensive income (loss) - Unrealized holding gains on available-for-sale securities	'	0	'	-1,338
Balance, end of period - Unrealized holding gains on available-for-sale securities	'	0	'	0
Balance, beginning of period	'	-1,644,768	2,777,000	272,921
Other comprehensive income before reclassifications Available For Sale Securities Adjustment Before Tax Reclassification Adjustments	'	-198,270	'	-2,114,621
Amounts reclassified from accumulated other comprehensive income	'	0	'	-1,338
Net current-period other comprehensive income (loss)	'	-198,270	'	-2,115,959
Balance, end of period	$3,600,618	($1,843,038)	$3,600,618	($1,843,038)

Related_Party_Transactions_Det

Related Party Transactions (Details Textual) (Arthur J.Gallagher Co [Member], USD $)	3 Months Ended		6 Months Ended
In Millions, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Arthur J.Gallagher Co [Member]	'	'	'	'
Related Party Transaction [Line Items]	'	'	'	'
Print Procurement Services	$0.40	$0.20	$0.90	$0.30
Insurance and Risk Management Services	0.1	0.2	0.1	0.3
Due from Related Parties, Current	$0.20	'	$0.20	'

Fair_Value_Measurement_Details

Fair Value Measurement (Details) (USD $)	Jun. 30, 2014		Dec. 31, 2013
Assets:	'		'
Money market funds	$667,200	[1]	$667,122	[1]
Liabilities:	'		'
Contingent consideration	-72,023,166		-87,332,461
Fair Value, Inputs, Level 1 [Member]	'		'
Assets:	'		'
Money market funds	667,200	[1]	667,122	[1]
Liabilities:	'		'
Contingent consideration	0		0
Fair Value, Inputs, Level 2 [Member]	'		'
Assets:	'		'
Money market funds	0	[1]	0	[1]
Liabilities:	'		'
Contingent consideration	0		0
Fair Value, Inputs, Level 3 [Member]	'		'
Assets:	'		'
Money market funds	0	[1]	0	[1]
Liabilities:	'		'
Contingent consideration	($72,023,166)		($87,332,461)
[1]	Included in cash and cash equivalents on the balance sheet.

Fair_Value_Measurement_Details1

Fair Value Measurement (Details 1) (USD $)	3 Months Ended		6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014		Jun. 30, 2013
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]	'	'	'		'
Balance	'	'	($87,332,461)		'
Change in fair value	521,669	-1,649,389	-173,508		-1,040,557
Balance	-72,023,166	'	-72,023,166		'
Fair Value, Inputs, Level 3 [Member]	'	'	'		'
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]	'	'	'		'
Balance	'	'	-87,332,461		'
Contingent consideration payments paid in cash	'	'	612,500		'
Change in fair value	'	'	173,508	[1]	'
Reclass to Due to seller	'	'	12,616,090		'
Foreign exchange impact	'	'	-27,985	[2]	'
Balance	-72,023,166	'	-72,023,166		'
Contingent consideration payments paid in common stock	'	'	$1,935,182		'
[1]	Adjustments to original contingent consideration obligations recorded were the result of using revised financial forecasts and updated fair value measurements. These changes are recognized within operating expenses on the consolidated statement of comprehensive income.
[2]	Changes in the contingent consideration liability which are caused by foreign exchange rate fluctuations are recognized in other comprehensive income.

Fair_Value_Measurement_Details2

Fair Value Measurement (Details Textual) (USD $)	6 Months Ended
In Millions, unless otherwise specified	Jun. 30, 2014
Fair Value, Adjustment Disclosure [Line Items]	'
Effect Of Discount Rate Increase In Fair Value	$1.60
Fair Value Measurements Valuation Process Probability Percentage	100.00%

Commitments_and_Contingencies_

Commitments and Contingencies (Details Textual)	1 Months Ended		12 Months Ended			44 Months Ended
In Millions, unless otherwise specified	Nov. 30, 2013	Oct. 31, 2012	Dec. 31, 2013	Jun. 30, 2014	Feb. 28, 2014	Dec. 31, 2012	Dec. 31, 2012
	EUR (€)	USD ($)	EUR (€)	EUR (€)	EUR (€)	Maximum [Member]	Minimum [Member]
						USD ($)	USD ($)
Other Commitments [Line Items]	'	'	'	'	'	'	'
Loss Contingency Accrual, Carrying Value, Payments	'	$9	'	'	'	'	'
Loss Contingency, Damages Sought, Value	0.7	'	0.7	'	'	88	35
Loss Contingency Damages Value Contingent Consideration	'	'	'	7.1	7.1	'	'
Loss Contingency Damages Value Fixed Consideration	'	'	'	5.8	'	'	'
Loss Contingency Damages Maximum Contingent Consideration	'	'	'	€ 55	'	'	'

Business_Segments_Details

Business Segments (Details) (USD $)	3 Months Ended				6 Months Ended
	Jun. 30, 2014		Jun. 30, 2013		Jun. 30, 2014		Jun. 30, 2013
Segment Reporting Information [Line Items]	'		'		'		'
Net revenues from third parties	$260,350,000		$210,876,000		$501,839,000		$415,453,000
Net revenues from other segments	0		0		0		0
Total net revenues	260,349,591		210,875,626		501,839,255		415,453,042
Adjusted EBITDA	9,545,000	[1]	5,896,000	[1]	18,047,000	[1]	12,661,000	[1]
North America [Member]	'		'		'		'
Segment Reporting Information [Line Items]	'		'		'		'
Net revenues from third parties	181,402,000		162,724,000		348,843,000		327,094,000
Net revenues from other segments	48,000		2,000		48,000		20,000
Total net revenues	181,450,000		162,726,000		348,891,000		327,114,000
Adjusted EBITDA	14,293,000	[1]	12,978,000	[1]	26,767,000	[1]	25,761,000	[1]
Latin America [Member]	'		'		'		'
Segment Reporting Information [Line Items]	'		'		'		'
Net revenues from third parties	28,192,000		21,796,000		52,900,000		39,971,000
Net revenues from other segments	150,000		582,000		218,000		846,000
Total net revenues	28,342,000		22,378,000		53,118,000		40,817,000
Adjusted EBITDA	1,597,000	[1]	624,000	[1]	2,731,000	[1]	1,248,000	[1]
EMEA [Member]	'		'		'		'
Segment Reporting Information [Line Items]	'		'		'		'
Net revenues from third parties	50,756,000		26,356,000		100,096,000		48,388,000
Net revenues from other segments	1,422,000		7,000		2,411,000		10,000
Total net revenues	52,178,000		26,363,000		102,507,000		48,398,000
Adjusted EBITDA	1,671,000	[1]	-299,000	[1]	2,768,000	[1]	-378,000	[1]
Other [Member]	'		'		'		'
Segment Reporting Information [Line Items]	'		'		'		'
Net revenues from third parties	0		0		0		0
Net revenues from other segments	-1,620,000		-591,000		-2,677,000		-876,000
Total net revenues	-1,620,000		-591,000		-2,677,000		-876,000
Adjusted EBITDA	($8,016,000)	[1]	($7,407,000)	[1]	($14,219,000)	[1]	($13,970,000)	[1]
[1]	Adjusted EBITDA, which represents income from operations with the addition of depreciation and amortization, stock-based compensation expense, change in the fair value of contingent consideration liabilities, certain legal settlements and restatement-related professional fees, is considered a non-GAAP financial measure under SEC regulations. Income from operations is the most directly comparable financial measure calculated in accordance with GAAP. The Company presents this measure as supplemental information to help investors better understand trends in its business results over time. The Companybs management team uses Adjusted EBITDA to evaluate the performance of the business. Adjusted EBITDA is not equivalent to any measure of performance required to be reported under GAAP, nor should this data be considered an indicator of the Companybs overall financial performance and liquidity. Moreover, the Adjusted EBITDA definition the Company uses may not be comparable to similarly titled measures reported by other companies.

Business_Segments_Details_1

Business Segments (Details 1) (USD $)	3 Months Ended				6 Months Ended
	Jun. 30, 2014		Jun. 30, 2013		Jun. 30, 2014		Jun. 30, 2013
Revenue from External Customer [Line Items]	'		'		'		'
Adjusted EBITDA	$9,545,000	[1]	$5,896,000	[1]	$18,047,000	[1]	$12,661,000	[1]
Depreciation and amortization	-4,374,000		-2,648,000		-8,544,514		-5,114,063
Stock-based compensation	-1,252,000		-1,081,000		-2,648,731		-2,054,106
Change in fair value of contingent consideration	-522,000		1,649,000		174,000		1,040,000
Payments to former owner of Productions Graphics, net of cash recovered	0		2,522,000		0		11,441,778
Legal fees in connection with patent infringement defense	0		-507,000		0		-752,000
Restatement - related professional fees	0		0		-2,093,000		0
Total other expense	-1,058,167		-488,760		-2,173,840		-1,412,696
Income before income taxes	$2,338,726		$5,341,652		$2,760,427		$581,401
[1]	Adjusted EBITDA, which represents income from operations with the addition of depreciation and amortization, stock-based compensation expense, change in the fair value of contingent consideration liabilities, certain legal settlements and restatement-related professional fees, is considered a non-GAAP financial measure under SEC regulations. Income from operations is the most directly comparable financial measure calculated in accordance with GAAP. The Company presents this measure as supplemental information to help investors better understand trends in its business results over time. The Companybs management team uses Adjusted EBITDA to evaluate the performance of the business. Adjusted EBITDA is not equivalent to any measure of performance required to be reported under GAAP, nor should this data be considered an indicator of the Companybs overall financial performance and liquidity. Moreover, the Adjusted EBITDA definition the Company uses may not be comparable to similarly titled measures reported by other companies.