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Ä 2015 Workiva Company Confidential
Best Practices: Getting YourXBRL Fact Properties Correct
December 17, 2015
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Ä 2015 Workiva Company Confidential
John MueheTeam Manager of Professional Services
Presenter
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Ä 2015 Workiva Company Confidential
Legal NoticeThe information contained in this webinar is for general informational purposesonly.ÅThe information is provided by Workiva Inc., and while we endeavor to keepthe information up to date and correct, we make no representations or warrantiesof any kind, express or implied, about the completeness, accuracy, reliability,suitability, or availability with respect to the information, products, services orrelated graphics contained in the webinar for any purpose.ÅAny reliance you placeon this information is therefore strictly at your own risk. In no event will Workiva Inc.be liable for any loss or damage including without limitation, indirect orconsequential loss or damage, or any loss or damage whatsoever arising from lossof data or profits arising out of, or in connection with, your use of this webinar.
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Ä 2015 Workiva Company Confidential
Control Panel
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Ä 2015 Workiva Company Confidential
Your Questions
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Ä 2015 Workiva Company Confidential
Viewing the Presentation
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Ä 2015 Workiva Company Confidential
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Ä 2015 Workiva Company Confidential
Upcoming SessionsJanuary 7K Season Special: Tagging From Scratch
January 14K Season Special: Streamline Your Review Process
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Ä 2015 Workiva Company Confidential
Best Practices: Getting YourXBRL Fact Properties Correct
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Ä 2015 Workiva Company Confidential
Agenda
Ç Setting the Correct AccuracyÇ Reporting Proper Fact Value SignsÇ Best Practice on Assigning DatesÇ Other Properties
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Ä 2015 Workiva Company Confidential
Setting the Correct Accuracy
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Ä 2015 Workiva Company Confidential
Setting the Correct Accuracy
All numeric facts must have an accuracy assigned
Ç XBRL fact value should match the reported document value
Ç Represents the precision of the XBRL fact
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Ä 2015 Workiva Company Confidential
Setting the Correct AccuracyEDGAR Filer Manual 6.6.32
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Ä 2015 Workiva Company Confidential
Setting the Correct AccuracyEDGAR Filer Manual 6.6.32
Impliesrounding
Exact value
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Ä 2015 Workiva Company Confidential
Setting the Correct AccuracyEDGAR Filer Manual 6.6.17
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Ä 2015 Workiva Company Confidential
Setting the Correct Accuracy
XBRL fact value should match the reported valueÇ Not the underlying value
Ç Not the workbook source value
UnderlyingValue
SourceValue
ReportedDocument Value
XBRLFact Value Accuracy
$123,456.78 $123,457 $123,000 123,000 -3 (thousands)
9,876,543 9,876,000 9.9 million shares 9,900,000 -5 (hundred thousands)
É1,012,345.05 É1,012,345 approximately É1 million 1,000,000 -6 (millions)
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Ä 2015 Workiva Company Confidential
Setting the Correct Accuracy
Appropriate use of INF Ç Represents exact valueÇ Should not be used on any calculated values
Ä Earnings per shareÄ Effective interest rate
Ç Should be used for precise, stated valuesÄ Stated interest rateÄ Ceiling/floor values
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Ä 2015 Workiva Company Confidential
Reporting Proper Fact Value Signs
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Ä 2015 Workiva Company Confidential
Proper Fact Value Signs
Ensure fact value truly represents reported value Ç Fact value sign must be evaluated along with concept used
Ä Meaning of positive vs. negative values
Ç Fact value sign may not be the same asÄ Presented value in documentÄ Source link value
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Ä 2015 Workiva Company Confidential
Proper Fact Value Signs
Reverse Source Link Value to adjust XBRL Fact Value
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Ä 2015 Workiva Company Confidential
Proper Fact Value Signs
Meaning of a positive vs. negative fact value
Number of options exercisedshould not be negative
(i.e. one-way concept)
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Ä 2015 Workiva Company Confidential
Proper Fact Value Signs
Meaning of a positive vs. negative fact value
Positive value indicatestranslation gain
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Ä 2015 Workiva Company Confidential
Proper Fact Value Signs
Meaning of a positive vs. negative fact value
Note the relationship tosurrounding concepts
Translation gainÑdecrease reserve balanceTranslation lossÑincrease reserve balance
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Ä 2015 Workiva Company Confidential
Proper Fact Value Signs
Meaning of a positive vs. negative fact value
Positive value representsamount paid
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Ä 2015 Workiva Company Confidential
Proper Fact Value Signs
Meaning of a positive vs. negative fact value
Note the concept definitionPayments madeÑdecreases BOTH
plan assets and plan obligations
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Ä 2015 Workiva Company Confidential
Proper Fact Value Signs
Meaning of a positive vs. negative fact value
Calculations also provide a clear pictureof the relationship to plan assets and
plan obligations
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Ä 2015 Workiva Company Confidential
Best Practice onAssigning Dates
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Ä 2015 Workiva Company Confidential
All XBRL facts must have a date assignedÇ Instant date context
Ä Represents a point in time
Ç Duration date contextÄ Represents a length of time
Assigning Dates
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Ä 2015 Workiva Company Confidential
Assigning Dates
Beginning balance
Ending balance
Activities during period
Prior period end date
Current period end date
Quarter-to-dateor
Year-to-date
(Instant)
(Instant)
(Duration)
Dates in a roll forward relationship
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Ä 2015 Workiva Company Confidential
Best Practice on Assigning Dates
What if disclosed date is not specific?
Ç Instant date contextÄ Use the last day of the period
Ç Duration date contextÄ Use the duration that the period represents
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Ä 2015 Workiva Company Confidential
Best Practice on Assigning Dates
What if disclosed date is not specific?
InÄMay 2015, the Company issued a senior note in the amount of $25,000.
Use end of period for instantperiod type concept:
2015-05-31
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Ä 2015 Workiva Company Confidential
Best Practice on Assigning Dates
What if disclosed date is not specific?InÄNovember 2015, the Company acquired all of the outstanding stockof XYZ, Inc. for aggregate consideration of approximately $64.5 million.
Use duration of period forduration period typeconcept:
2015-11-01 to 2015-11-30
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Ä 2015 Workiva Company Confidential
Best Practice on Assigning Dates
Dates after reporting period-end date
Ç Subsequent eventÖup to audit report dateÄ Use "Subsequent Event Type [Axis]"Ä Paired with "Subsequent Event [Member]"
Ç ForecastÖmatch forecast periodÄ Use "Scenario [Axis]"Ä Paired with "Scenario, Forecast [Member]"
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Ä 2015 Workiva Company Confidential
Best Practice on Assigning Dates
Dates after reporting period-end dateSubsequent to year end, the Company entered into an accelerated sharerepurchase agreements. The Company paid an aggregate of $200 million in cash.
Use audit report date forinstant period type conceptFor example, 12/31/2015 year end,filing on 3/4/2016Ñuse 2016-03-04
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Ä 2015 Workiva Company Confidential
Other Properties
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Ä 2015 Workiva Company Confidential
Applying UnitsEDGAR Filer Manual 6.5.35
All numeric facts must have appropriate units appliedÇ Must use allowable unit(s) for each item type
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Ä 2015 Workiva Company Confidential
Allowable unitsÇ Reference Unit Type RegistryÑxbrl.org/utr/utr.xml
(for e.g., Area item typeÖsqft, acre, sqkm, etc.)
Ç Use "Number (xbrli: pure)" forÄ Percent item type (for e.g., interest rate of 4.25%)Ä Pure item type (for e.g., leverage ratio of 6.0)
Ç Create custom units forÄ Integer item type (for e.g., three operating segments)Ä Decimal item type (for e.g., 3.5 barrels)
Applying Units
http://xbrl.org/utr/utr.xml
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Ä 2015 Workiva Company Confidential
SEC OID FAQ Question E.21Applying Units
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Ä 2015 Workiva Company Confidential
"Number" Unit in Wdesk...Applying Units
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Ä 2015 Workiva Company Confidential
Ç Required on face statementsÇ Optional in disclosure notes
Ä Values within table footnotes must be taggedÄ Choose an consistent approachÄ Exclude footnote numbers when selecting range
Applying Table Footnotes
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Ä 2015 Workiva Company Confidential
Upcoming SessionsJanuary 7K Season Special: Tagging From Scratch
January 14K Season Special: Streamline Your Review Process
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Ä 2015 Workiva Company Confidential
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Ä 2015 Workiva Company Confidential
Questions
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Ä 2015 Workiva Company Confidential
Thank you!
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