2018 Q4 Form 10-Q Financial Statement
#000114498018000128 Filed on October 24, 2018
Income Statement
Concept | 2018 Q4 | 2018 Q3 | 2017 Q3 |
---|---|---|---|
Revenue | $1.784B | $1.757B | $1.602B |
YoY Change | 6.78% | 9.69% | -4.81% |
Cost Of Revenue | $1.502B | $1.479B | $1.342B |
YoY Change | 7.12% | 10.25% | -5.33% |
Gross Profit | $281.8M | $278.0M | $260.3M |
YoY Change | 4.99% | 6.8% | -2.03% |
Gross Profit Margin | 15.79% | 15.82% | 16.25% |
Selling, General & Admin | $192.2M | $188.8M | $182.5M |
YoY Change | 6.48% | 3.45% | -1.72% |
% of Gross Profit | 68.2% | 67.91% | 70.11% |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $8.500M | $8.500M | $8.100M |
YoY Change | 4.94% | 4.94% | 3.85% |
% of Gross Profit | 3.02% | 3.06% | 3.11% |
Operating Expenses | $200.8M | $188.8M | $182.5M |
YoY Change | 6.13% | 3.45% | -1.72% |
Operating Profit | $81.00M | $80.80M | $69.70M |
YoY Change | 2.27% | 15.93% | -1.41% |
Interest Expense | -$23.20M | -$21.70M | -$19.60M |
YoY Change | 17.77% | 10.71% | 3.16% |
% of Operating Profit | -28.64% | -26.86% | -28.12% |
Other Income/Expense, Net | -$21.70M | -$19.60M | |
YoY Change | 10.71% | 3.16% | |
Pretax Income | $54.10M | $59.10M | $50.10M |
YoY Change | -0.55% | 17.96% | -3.09% |
Income Tax | $13.70M | $14.80M | $19.40M |
% Of Pretax Income | 25.32% | 25.04% | 38.72% |
Net Earnings | $40.40M | $44.30M | $30.70M |
YoY Change | -4.94% | 44.3% | -5.25% |
Net Earnings / Revenue | 2.26% | 2.52% | 1.92% |
Basic Earnings Per Share | $2.09 | $2.22 | $1.49 |
Diluted Earnings Per Share | $2.06 | $2.18 | $1.48 |
COMMON SHARES | |||
Basic Shares Outstanding | 19.60M shares | 20.00M shares | 20.60M shares |
Diluted Shares Outstanding | 20.30M shares | 20.80M shares |
Balance Sheet
Concept | 2018 Q4 | 2018 Q3 | 2017 Q3 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $8.300M | $6.800M | $2.800M |
YoY Change | 76.6% | 142.86% | -24.32% |
Cash & Equivalents | $8.300M | $6.800M | $2.800M |
Short-Term Investments | |||
Other Short-Term Assets | $122.2M | $122.2M | $117.7M |
YoY Change | 2.43% | 3.82% | 25.61% |
Inventory | $1.068B | $1.068B | $843.5M |
Prepaid Expenses | $5.900M | ||
Receivables | $130.3M | $130.3M | $108.7M |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $1.553B | $1.376B | $1.221B |
YoY Change | 19.27% | 12.68% | -8.71% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $886.1M | $877.6M | $823.0M |
YoY Change | 6.22% | 6.63% | 2.84% |
Goodwill | $181.2M | $181.2M | $160.8M |
YoY Change | 12.69% | 12.69% | 25.63% |
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $9.300M | $12.50M | $10.60M |
YoY Change | -7.0% | 17.92% | -15.87% |
Total Long-Term Assets | $1.142B | $1.141B | $1.049B |
YoY Change | 8.33% | 8.74% | 6.03% |
TOTAL ASSETS | |||
Total Short-Term Assets | $1.553B | $1.376B | $1.221B |
Total Long-Term Assets | $1.142B | $1.141B | $1.049B |
Total Assets | $2.695B | $2.516B | $2.270B |
YoY Change | 14.37% | 10.86% | -2.44% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $81.90M | $291.3M | $277.8M |
YoY Change | -11.36% | 4.86% | 2.47% |
Accrued Expenses | |||
YoY Change | |||
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $966.1M | $831.1M | $688.3M |
YoY Change | 31.96% | 20.75% | -10.55% |
Long-Term Debt Due | $38.80M | $13.10M | $14.30M |
YoY Change | 200.78% | -8.39% | 2.88% |
Total Short-Term Liabilities | $1.303B | $1.136B | $980.4M |
YoY Change | 23.16% | 15.82% | -10.86% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $866.5M | $852.1M | $901.4M |
YoY Change | 0.45% | -5.47% | -1.63% |
Other Long-Term Liabilities | $30.70M | $30.30M | $31.60M |
YoY Change | 5.14% | -4.11% | -12.47% |
Total Long-Term Liabilities | $30.70M | $30.30M | $31.60M |
YoY Change | 5.14% | -4.11% | -12.47% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $1.303B | $1.136B | $980.4M |
Total Long-Term Liabilities | $30.70M | $30.30M | $31.60M |
Total Liabilities | $1.334B | $1.166B | $1.012B |
YoY Change | 22.68% | 15.2% | -10.91% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | $922.7M | $922.7M | $707.8M |
YoY Change | 22.98% | 30.36% | 30.01% |
Common Stock | $573.3M | $572.1M | $560.2M |
YoY Change | 1.67% | 2.12% | 2.41% |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | $1.023B | $980.9M | $918.9M |
YoY Change | 11.35% | 6.75% | 10.79% |
Treasury Stock Shares | 21.72M shares | 20.81M shares | 20.15M shares |
Shareholders Equity | $473.2M | $481.0M | $347.3M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $2.695B | $2.516B | $2.270B |
YoY Change | 14.37% | 10.86% | -2.44% |
Cashflow Statement
Concept | 2018 Q4 | 2018 Q3 | 2017 Q3 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $40.40M | $44.30M | $30.70M |
YoY Change | -4.94% | 44.3% | -5.25% |
Depreciation, Depletion And Amortization | $8.500M | $8.500M | $8.100M |
YoY Change | 4.94% | 4.94% | 3.85% |
Cash From Operating Activities | -$96.30M | $77.30M | $124.9M |
YoY Change | -516.88% | -38.11% | 53.25% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$18.80M | -$13.70M | -$9.900M |
YoY Change | -40.88% | 38.38% | -61.48% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $2.000M | $0.00 | $3.800M |
YoY Change | 0.0% | -100.0% | |
Cash From Investing Activities | -$16.80M | -$13.70M | -$6.100M |
YoY Change | -43.62% | 124.59% | -76.26% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 114.6M | -59.30M | -118.7M |
YoY Change | 1232.56% | -50.04% | 120.22% |
NET CHANGE | |||
Cash From Operating Activities | -96.30M | 77.30M | 124.9M |
Cash From Investing Activities | -16.80M | -13.70M | -6.100M |
Cash From Financing Activities | 114.6M | -59.30M | -118.7M |
Net Change In Cash | 1.500M | 4.300M | 100.0K |
YoY Change | -21.05% | 4200.0% | -94.74% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$96.30M | $77.30M | $124.9M |
Capital Expenditures | -$18.80M | -$13.70M | -$9.900M |
Free Cash Flow | -$77.50M | $91.00M | $134.8M |
YoY Change | -241.17% | -32.49% | 25.75% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
abg |
Cash Paid During Period Related To Floor Plan Interest
CashPaidDuringPeriodRelatedToFloorPlanInterest
|
16900000 | USD | |
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Cash Paid During Period Related To Floor Plan Interest
CashPaidDuringPeriodRelatedToFloorPlanInterest
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Deferred Income Tax Expense Benefit Continuing Operations And Discontinued Operations
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|
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Deferred Income Tax Expense Benefit Continuing Operations And Discontinued Operations
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Swap Interest Expense
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Earnings Per Share Basic
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Earnings Per Share Basic
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6.29 | ||
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Other Comprehensive Income Derivatives Qualifying As Hedges Tax Portion Attributable To Parent
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesTaxPortionAttributableToParent
|
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Financeandinsurancenet
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Floor Plan Borrowings Acquisitions
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Floor Plan Borrowings Acquisitions
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abg |
Floor Plan Interest Expense
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Floor Plan Notes Payable Non Trade
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Floor Plan Notes Payable Non Trade
FloorPlanNotesPayableNonTrade
|
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CY2017Q4 | abg |
Floor Plan Notes Payable Non Trade Gross
FloorPlanNotesPayableNonTradeGross
|
666600000 | USD |
CY2018Q3 | abg |
Floor Plan Notes Payable Non Trade Gross
FloorPlanNotesPayableNonTradeGross
|
760400000 | USD |
CY2017Q4 | abg |
Floor Plan Notes Payable Non Trade Offsets
FloorPlanNotesPayableNonTradeOffsets
|
38700000 | USD |
CY2018Q3 | abg |
Floor Plan Notes Payable Non Trade Offsets
FloorPlanNotesPayableNonTradeOffsets
|
31500000 | USD |
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Floor Plan Notes Payable Offsets
FloorPlanNotesPayableOffsets
|
49300000 | USD |
CY2018Q3 | abg |
Floor Plan Notes Payable Offsets
FloorPlanNotesPayableOffsets
|
42900000 | USD |
CY2017Q4 | abg |
Floor Plan Notes Payable Trade
FloorPlanNotesPayableTrade
|
104200000 | USD |
CY2018Q3 | abg |
Floor Plan Notes Payable Trade
FloorPlanNotesPayableTrade
|
102200000 | USD |
CY2017Q4 | abg |
Floor Plan Notes Payable Trade Gross
FloorPlanNotesPayableTradeGross
|
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CY2018Q3 | abg |
Floor Plan Notes Payable Trade Gross
FloorPlanNotesPayableTradeGross
|
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CY2017Q4 | abg |
Floor Plan Notes Payable Trade Offsets
FloorPlanNotesPayableTradeOffsets
|
10600000 | USD |
CY2018Q3 | abg |
Floor Plan Notes Payable Trade Offsets
FloorPlanNotesPayableTradeOffsets
|
11400000 | USD |
abg |
Increase Decrease In Floor Plan Notes Payable Trade
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|
1400000 | USD | |
abg |
Increase Decrease In Floor Plan Notes Payable Trade
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|
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Loaner Vehicles Amount Transferred From Other Current Assets To Inventory
LoanerVehiclesAmountTransferredFromOtherCurrentAssetsToInventory
|
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abg |
Loaner Vehicles Amount Transferred From Other Current Assets To Inventory
LoanerVehiclesAmountTransferredFromOtherCurrentAssetsToInventory
|
139900000 | USD | |
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Long Term Debt And Capital Lease Obligations Current And Noncurrent
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|
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CY2018Q3 | abg |
Long Term Debt And Capital Lease Obligations Current And Noncurrent
LongTermDebtAndCapitalLeaseObligationsCurrentAndNoncurrent
|
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Long Term Debtand Capital Lease Obligations Currentand Noncurrent Including Unamortized Premium Discount
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|
875500000 | USD |
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Long Term Debtand Capital Lease Obligations Currentand Noncurrent Including Unamortized Premium Discount
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|
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New Vehicle Cost Of Sales
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abg |
New Vehicle Cost Of Sales
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|
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New Vehicle Cost Of Sales
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|
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abg |
New Vehicle Cost Of Sales
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|
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New Vehicle Revenue
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New Vehicle Revenue
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|
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New Vehicle Revenue
NewVehicleRevenue
|
980500000 | USD |
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New Vehicle Revenue
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|
2766300000 | USD | |
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Number Of Collision Repair Centers
NumberOfCollisionRepairCenters
|
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|
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|
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Number Of Metropolitan Markets
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|
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Number Of Vehicle Brands
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|
29 | VehicleBrands |
abg |
Proceeds From Floor Plan Borrowings Non Trade
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|
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abg |
Proceeds From Floor Plan Borrowings Non Trade
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|
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abg |
Repayments Of Floor Plan Payables Non Trade
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|
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abg |
Repayments Of Floor Plan Payables Non Trade
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|
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Swap Interest Expense
SwapInterestExpense
|
400000 | USD |
CY2018Q3 | abg |
Swap Interest Expense
SwapInterestExpense
|
100000 | USD |
abg |
Swap Interest Expense
SwapInterestExpense
|
500000 | USD | |
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Used Vehicle Cost Of Sales
UsedVehicleCostOfSales
|
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abg |
Used Vehicle Cost Of Sales
UsedVehicleCostOfSales
|
1301200000 | USD | |
CY2018Q3 | abg |
Used Vehicle Cost Of Sales
UsedVehicleCostOfSales
|
464700000 | USD |
abg |
Used Vehicle Cost Of Sales
UsedVehicleCostOfSales
|
1398600000 | USD | |
CY2017Q3 | abg |
Used Vehicle Revenue
UsedVehicleRevenue
|
455600000 | USD |
abg |
Used Vehicle Revenue
UsedVehicleRevenue
|
1396600000 | USD | |
CY2018Q3 | abg |
Used Vehicle Revenue
UsedVehicleRevenue
|
497500000 | USD |
abg |
Used Vehicle Revenue
UsedVehicleRevenue
|
1499000000 | USD | |
dei |
Amendment Flag
AmendmentFlag
|
false | ||
dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | ||
dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q3 | ||
dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2018 | ||
dei |
Document Period End Date
DocumentPeriodEndDate
|
2018-09-30 | ||
dei |
Document Type
DocumentType
|
10-Q | ||
dei |
Entity Central Index Key
EntityCentralIndexKey
|
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Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
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dei |
Entity Filer Category
EntityFilerCategory
|
Large Accelerated Filer | ||
dei |
Entity Registrant Name
EntityRegistrantName
|
ASBURY AUTOMOTIVE GROUP INC | ||
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Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
|
313200000 | USD |
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Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
|
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Accounts Receivable Gross Current
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|
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Accounts Receivable Gross Current
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|
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Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
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Accumulated Other Comprehensive Income Loss Net Of Tax
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|
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Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
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Additional Paid In Capital Common Stock
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Additional Paid In Capital Common Stock
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Allowance For Doubtful Accounts Receivable Current
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Allowance For Doubtful Accounts Receivable Current
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Assets
Assets
|
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Assets
Assets
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|
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Capital Lease Obligations
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|
3200000 | USD |
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Capital Lease Obligations
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|
3200000 | USD |
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Cash And Cash Equivalents At Carrying Value
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|
3400000 | USD |
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Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
2800000 | USD |
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Cash And Cash Equivalents At Carrying Value
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|
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Cash And Cash Equivalents At Carrying Value
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|
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Cash And Cash Equivalents Period Increase Decrease
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|
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Cash And Cash Equivalents Period Increase Decrease
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|
2100000 | USD | |
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Commitments And Contingencies
CommitmentsAndContingencies
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Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
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Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
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Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
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Common Stock Shares Authorized
CommonStockSharesAuthorized
|
90000000 | shares |
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Common Stock Shares Authorized
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|
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Common Stock Shares Issued
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Common Stock Value
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|
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Common Stock Value
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|
400000 | USD |
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Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
30900000 | USD |
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Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
96900000 | USD | |
CY2018Q3 | us-gaap |
Comprehensive Income Net Of Tax
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|
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us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
131200000 | USD | |
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Contract With Customer Asset Cumulative Catch Up Adjustment To Revenue Change In Measure Of Progress
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|
7700000 | USD |
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Contract With Customer Asset Net
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CY2018Q1 | us-gaap |
Contract With Customer Asset Net
ContractWithCustomerAssetNet
|
14500000 | USD |
CY2018Q2 | us-gaap |
Contract With Customer Asset Net
ContractWithCustomerAssetNet
|
12900000 | USD |
CY2018Q3 | us-gaap |
Contract With Customer Asset Net
ContractWithCustomerAssetNet
|
13300000 | USD |
CY2018Q1 | us-gaap |
Contract With Customer Asset Reclassified To Receivable
ContractWithCustomerAssetReclassifiedToReceivable
|
9600000 | USD |
CY2018Q2 | us-gaap |
Contract With Customer Asset Reclassified To Receivable
ContractWithCustomerAssetReclassifiedToReceivable
|
8300000 | USD |
CY2018Q3 | us-gaap |
Contract With Customer Asset Reclassified To Receivable
ContractWithCustomerAssetReclassifiedToReceivable
|
7000000 | USD |
CY2017Q3 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
1341800000 | USD |
us-gaap |
Cost Of Revenue
CostOfRevenue
|
3998100000 | USD | |
CY2018Q3 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
1479400000 | USD |
us-gaap |
Cost Of Revenue
CostOfRevenue
|
4269000000 | USD | |
CY2017Q3 | us-gaap |
Cost Of Services
CostOfServices
|
74400000 | USD |
us-gaap |
Cost Of Services
CostOfServices
|
222300000 | USD | |
CY2018Q3 | us-gaap |
Cost Of Services
CostOfServices
|
76300000 | USD |
us-gaap |
Cost Of Services
CostOfServices
|
225400000 | USD | |
us-gaap |
Cost Of Services Depreciation And Amortization
CostOfServicesDepreciationAndAmortization
|
16800000 | USD | |
us-gaap |
Cost Of Services Depreciation And Amortization
CostOfServicesDepreciationAndAmortization
|
16700000 | USD | |
CY2017Q4 | us-gaap |
Debt Instrument Unamortized Premium
DebtInstrumentUnamortizedPremium
|
6800000 | USD |
CY2018Q3 | us-gaap |
Debt Instrument Unamortized Premium
DebtInstrumentUnamortizedPremium
|
6200000 | USD |
CY2017Q4 | us-gaap |
Deferred Finance Costs Net
DeferredFinanceCostsNet
|
10600000 | USD |
CY2018Q3 | us-gaap |
Deferred Finance Costs Net
DeferredFinanceCostsNet
|
9600000 | USD |
CY2017Q4 | us-gaap |
Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
|
12500000 | USD |
CY2018Q3 | us-gaap |
Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
|
17400000 | USD |
CY2018Q1 | us-gaap |
Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
|
15600000 | USD |
CY2018Q3 | us-gaap |
Deferred Other Tax Expense Benefit
DeferredOtherTaxExpenseBenefit
|
600000 | USD |
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
24000000 | USD | |
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
25200000 | USD | |
CY2017Q3 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
8100000 | USD |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
24000000 | USD | |
CY2018Q3 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
8500000 | USD |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
25200000 | USD | |
CY2017Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.49 | |
CY2018Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
2.22 | |
CY2017Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.48 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
4.60 | ||
CY2018Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
2.18 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
6.22 | ||
CY2017Q4 | us-gaap |
Goodwill
Goodwill
|
160800000 | USD |
CY2018Q3 | us-gaap |
Goodwill
Goodwill
|
181200000 | USD |
CY2017Q3 | us-gaap |
Gross Profit
GrossProfit
|
260300000 | USD |
us-gaap |
Gross Profit
GrossProfit
|
787500000 | USD | |
CY2018Q3 | us-gaap |
Gross Profit
GrossProfit
|
278000000 | USD |
us-gaap |
Gross Profit
GrossProfit
|
821200000 | USD | |
CY2017Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
50100000 | USD |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
154700000 | USD | |
CY2018Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
59100000 | USD |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
170700000 | USD | |
CY2017Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
19400000 | USD |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
58100000 | USD | |
CY2018Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
14800000 | USD |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
43100000 | USD | |
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
94200000 | USD | |
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
39600000 | USD | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-34300000 | USD | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-25600000 | USD | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-30000000 | USD | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-14800000 | USD | |
us-gaap |
Increase Decrease In Contract Receivables Net
IncreaseDecreaseInContractReceivablesNet
|
-50800000 | USD | |
us-gaap |
Increase Decrease In Contract Receivables Net
IncreaseDecreaseInContractReceivablesNet
|
-55300000 | USD | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-189500000 | USD | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-26400000 | USD | |
us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
145600000 | USD | |
us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
144500000 | USD | |
us-gaap |
Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
|
-1600000 | USD | |
us-gaap |
Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
|
-1800000 | USD | |
CY2017Q3 | us-gaap |
Incremental Common Shares Attributable To Contingently Issuable Shares
IncrementalCommonSharesAttributableToContingentlyIssuableShares
|
100000 | shares |
us-gaap |
Incremental Common Shares Attributable To Contingently Issuable Shares
IncrementalCommonSharesAttributableToContingentlyIssuableShares
|
100000 | shares | |
CY2018Q3 | us-gaap |
Incremental Common Shares Attributable To Contingently Issuable Shares
IncrementalCommonSharesAttributableToContingentlyIssuableShares
|
200000 | shares |
us-gaap |
Incremental Common Shares Attributable To Contingently Issuable Shares
IncrementalCommonSharesAttributableToContingentlyIssuableShares
|
100000 | shares | |
CY2017Q3 | us-gaap |
Incremental Common Shares Attributable To Participating Nonvested Shares With Non Forfeitable Dividend Rights
IncrementalCommonSharesAttributableToParticipatingNonvestedSharesWithNonForfeitableDividendRights
|
100000 | shares |
us-gaap |
Incremental Common Shares Attributable To Participating Nonvested Shares With Non Forfeitable Dividend Rights
IncrementalCommonSharesAttributableToParticipatingNonvestedSharesWithNonForfeitableDividendRights
|
100000 | shares | |
CY2018Q3 | us-gaap |
Incremental Common Shares Attributable To Participating Nonvested Shares With Non Forfeitable Dividend Rights
IncrementalCommonSharesAttributableToParticipatingNonvestedSharesWithNonForfeitableDividendRights
|
100000 | shares |
us-gaap |
Incremental Common Shares Attributable To Participating Nonvested Shares With Non Forfeitable Dividend Rights
IncrementalCommonSharesAttributableToParticipatingNonvestedSharesWithNonForfeitableDividendRights
|
100000 | shares | |
CY2017Q4 | us-gaap |
Indefinite Lived Franchise Rights
IndefiniteLivedFranchiseRights
|
49600000 | USD |
CY2018Q3 | us-gaap |
Indefinite Lived Franchise Rights
IndefiniteLivedFranchiseRights
|
69500000 | USD |
CY2017Q3 | us-gaap |
Interest Expense Other
InterestExpenseOther
|
13400000 | USD |
us-gaap |
Interest Expense Other
InterestExpenseOther
|
40200000 | USD | |
CY2018Q3 | us-gaap |
Interest Expense Other
InterestExpenseOther
|
13200000 | USD |
us-gaap |
Interest Expense Other
InterestExpenseOther
|
39400000 | USD | |
us-gaap |
Interest Paid
InterestPaid
|
48100000 | USD | |
us-gaap |
Interest Paid
InterestPaid
|
52000000 | USD | |
CY2017Q4 | us-gaap |
Inventory Net
InventoryNet
|
826000000 | USD |
CY2018Q3 | us-gaap |
Inventory Net
InventoryNet
|
962800000 | USD |
CY2018Q1 | us-gaap |
Inventory Net
InventoryNet
|
821900000 | USD |
CY2017Q4 | us-gaap |
Inventory Valuation Reserves
InventoryValuationReserves
|
5700000 | USD |
CY2018Q3 | us-gaap |
Inventory Valuation Reserves
InventoryValuationReserves
|
6200000 | USD |
CY2017Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
2356700000 | USD |
CY2018Q3 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
2516300000 | USD |
CY2017Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
1058200000 | USD |
CY2018Q3 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
1135500000 | USD |
CY2017Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
882900000 | USD |
CY2018Q3 | us-gaap |
Long Term Debt
LongTermDebt
|
871600000 | USD |
CY2017Q4 | us-gaap |
Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
|
862600000 | USD |
CY2018Q3 | us-gaap |
Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
|
852100000 | USD |
CY2017Q4 | us-gaap |
Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
|
12900000 | USD |
CY2018Q3 | us-gaap |
Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
|
13100000 | USD |
CY2017Q4 | us-gaap |
Long Term Debt Fair Value
LongTermDebtFairValue
|
900800000 | USD |
CY2018Q3 | us-gaap |
Long Term Debt Fair Value
LongTermDebtFairValue
|
859500000 | USD |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-145800000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
28500000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-98000000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-132800000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
243200000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
106400000 | USD | |
CY2017Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
30700000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
96600000 | USD | |
CY2018Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
44300000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
127600000 | USD | |
CY2017Q3 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-19600000 | USD |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-58900000 | USD | |
CY2018Q3 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-21700000 | USD |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-62900000 | USD | |
CY2018Q3 | us-gaap |
Number Of States In Which Entity Operates
NumberOfStatesInWhichEntityOperates
|
9 | states |
CY2017Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
69700000 | USD |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
213600000 | USD | |
CY2018Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
80800000 | USD |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
233600000 | USD | |
CY2017Q4 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
119300000 | USD |
CY2018Q3 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
125500000 | USD |
CY2018Q1 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
135700000 | USD |
CY2017Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
10000000 | USD |
CY2018Q3 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
12500000 | USD |
CY2017Q3 | us-gaap |
Other Comprehensive Income Derivatives Qualifying As Hedges Tax Portion Attributable To Parent
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesTaxPortionAttributableToParent
|
100000 | USD |
CY2017Q3 | us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
|
300000 | USD |
CY2018Q3 | us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
|
900000 | USD |
us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
|
4900000 | USD | |
us-gaap |
Other Comprehensive Income Derivatives Qualifying As Hedges Tax Portion Attributable To Parent
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesTaxPortionAttributableToParent
|
200000 | USD | |
CY2018Q3 | us-gaap |
Other Comprehensive Income Derivatives Qualifying As Hedges Tax Portion Attributable To Parent
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesTaxPortionAttributableToParent
|
200000 | USD |
CY2017Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
29200000 | USD |
CY2018Q3 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
30300000 | USD |
us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
-2300000 | USD | |
us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
-1900000 | USD | |
CY2017Q3 | us-gaap |
Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
|
0 | USD |
us-gaap |
Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
|
-700000 | USD | |
CY2018Q3 | us-gaap |
Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
|
100000 | USD |
us-gaap |
Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
|
1200000 | USD | |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
39400000 | USD | |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
61800000 | USD | |
us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
80100000 | USD | |
us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
91300000 | USD | |
us-gaap |
Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
|
0 | USD | |
us-gaap |
Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
|
4400000 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
21400000 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
21500000 | USD | |
us-gaap |
Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
|
300000 | USD | |
us-gaap |
Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
|
17600000 | USD | |
CY2017Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.01 | |
CY2018Q3 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.01 | |
CY2017Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
10000000 | shares |
CY2018Q3 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
10000000 | shares |
CY2017Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2018Q3 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2017Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2018Q3 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2017Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
CY2018Q3 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
us-gaap |
Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
|
3800000 | USD | |
us-gaap |
Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
|
2000000 | USD | |
CY2017Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
834200000 | USD |
CY2018Q3 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
877600000 | USD |
CY2017Q4 | us-gaap |
Real Estate Heldforsale
RealEstateHeldforsale
|
30300000 | USD |
CY2018Q3 | us-gaap |
Real Estate Heldforsale
RealEstateHeldforsale
|
28300000 | USD |
CY2017Q4 | us-gaap |
Receivables Net Current
ReceivablesNetCurrent
|
128500000 | USD |
CY2018Q3 | us-gaap |
Receivables Net Current
ReceivablesNetCurrent
|
114100000 | USD |
us-gaap |
Repayments Of Secured Debt
RepaymentsOfSecuredDebt
|
11500000 | USD | |
us-gaap |
Repayments Of Secured Debt
RepaymentsOfSecuredDebt
|
10700000 | USD | |
CY2017Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
750300000 | USD |
CY2018Q3 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
887100000 | USD |
CY2018Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
759500000 | USD |
CY2018Q3 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
1757400000 | USD |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
5090200000 | USD | |
CY2017Q3 | us-gaap |
Revenues
Revenues
|
1602100000 | USD |
us-gaap |
Revenues
Revenues
|
4785600000 | USD | |
CY2018Q3 | us-gaap |
Revenues
Revenues
|
1757400000 | USD |
us-gaap |
Revenues
Revenues
|
5090200000 | USD | |
CY2017Q3 | us-gaap |
Sales Revenue Services Net
SalesRevenueServicesNet
|
197200000 | USD |
us-gaap |
Sales Revenue Services Net
SalesRevenueServicesNet
|
589500000 | USD | |
CY2018Q3 | us-gaap |
Sales Revenue Services Net
SalesRevenueServicesNet
|
206100000 | USD |
us-gaap |
Sales Revenue Services Net
SalesRevenueServicesNet
|
609900000 | USD | |
CY2017Q3 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
182500000 | USD |
us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
549200000 | USD | |
CY2018Q3 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
188800000 | USD |
us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
563600000 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
10000000 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
8200000 | USD | |
CY2017Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
394200000 | USD |
CY2018Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
481000000 | USD |
CY2017Q4 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
20156962 | shares |
CY2018Q3 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
20810183 | shares |
CY2017Q4 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
919100000 | USD |
CY2018Q3 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
980900000 | USD |
CY2017Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
20800000 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
21000000 | shares | |
CY2018Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
20300000 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
20500000 | shares | |
CY2017Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
20600000 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
20800000 | shares | |
CY2018Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
20000000 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
20300000 | shares | |
us-gaap |
Use Of Estimates
UseOfEstimates
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<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:12px;padding-top:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Use of Estimates</font></div><div style="line-height:120%;padding-bottom:12px;padding-top:12px;text-indent:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosures of contingent assets and liabilities as of the date of the financial statements, and the reported amounts of revenues and expenses during the periods presented. Actual results could differ materially from these estimates. Estimates and assumptions are reviewed quarterly and the effects of any revisions are reflected in the consolidated financial statements in the period they are determined to be necessary. Significant estimates made in the accompanying Condensed Consolidated Financial Statements include, but are not limited to, those relating to inventory valuation reserves, variable consideration and constraint considerations related to retro-commission arrangements, reserves for chargebacks against revenue recognized from the sale of finance and insurance products, reserves for insurance programs, certain assumptions related to intangible and long-lived assets, and reserves for certain legal or similar proceedings relating to our business operations.</font></div><div style="line-height:120%;padding-bottom:12px;padding-top:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></div> |