2016 Q3 Form 10-Q Financial Statement
#000162828016019455 Filed on September 08, 2016
Income Statement
Concept | 2016 Q3 | 2015 Q4 | 2015 Q3 |
---|---|---|---|
Revenue | $1.297B | $1.277B | $1.250B |
YoY Change | 3.76% | 6.0% | 5.86% |
Cost Of Revenue | $1.161B | $858.6M | $1.156B |
YoY Change | 0.43% | 6.8% | 1.01% |
Gross Profit | $135.6M | $148.9M | $93.60M |
YoY Change | 44.87% | 11.37% | -24.52% |
Gross Profit Margin | 10.46% | 11.66% | 7.49% |
Selling, General & Admin | $108.0M | $94.30M | $92.80M |
YoY Change | 16.38% | 23.59% | 1.75% |
% of Gross Profit | 79.65% | 63.33% | 99.15% |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $13.90M | $13.90M | $14.80M |
YoY Change | -6.08% | -6.71% | 5.71% |
% of Gross Profit | 10.25% | 9.34% | 15.81% |
Operating Expenses | $108.0M | $100.0M | $92.80M |
YoY Change | 16.38% | 21.07% | 1.75% |
Operating Profit | $18.50M | $48.90M | -$7.600M |
YoY Change | -343.42% | -4.31% | -122.55% |
Interest Expense | $2.600M | $100.0K | $2.400M |
YoY Change | 8.33% | -125.0% | -11.11% |
% of Operating Profit | 14.05% | 0.2% | |
Other Income/Expense, Net | |||
YoY Change | |||
Pretax Income | $18.00M | $31.00M | -$7.400M |
YoY Change | -343.24% | 7.27% | -122.7% |
Income Tax | -$14.90M | $14.40M | -$8.600M |
% Of Pretax Income | -82.78% | 46.45% | |
Net Earnings | $31.10M | $38.80M | $1.500M |
YoY Change | 1973.33% | 39.07% | -92.27% |
Net Earnings / Revenue | 2.4% | 3.04% | 0.12% |
Basic Earnings Per Share | $0.55 | $0.68 | $0.03 |
Diluted Earnings Per Share | $0.55 | $0.68 | $0.03 |
COMMON SHARES | |||
Basic Shares Outstanding | 56.20M shares | 56.07M shares | 56.80M shares |
Diluted Shares Outstanding | 56.80M shares | 57.50M shares |
Balance Sheet
Concept | 2016 Q3 | 2015 Q4 | 2015 Q3 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $51.60M | $55.50M | $51.20M |
YoY Change | 0.78% | 51.23% | 108.13% |
Cash & Equivalents | $51.60M | $55.50M | $51.20M |
Short-Term Investments | |||
Other Short-Term Assets | $27.60M | $27.00M | $29.60M |
YoY Change | -6.76% | -9.4% | -27.09% |
Inventory | |||
Prepaid Expenses | $92.70M | $68.60M | $88.50M |
Receivables | $774.1M | $742.9M | $783.2M |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $946.0M | $894.0M | $999.6M |
YoY Change | -5.36% | -3.58% | 7.88% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $76.80M | $74.00M | $80.40M |
YoY Change | -4.48% | -10.84% | -2.66% |
Goodwill | $910.6M | $867.5M | $916.6M |
YoY Change | -0.65% | 1.5% | 4.27% |
Intangibles | |||
YoY Change | |||
Long-Term Investments | $29.60M | $22.60M | $33.90M |
YoY Change | -12.68% | -31.31% | 75.65% |
Other Assets | $132.2M | $114.0M | $114.7M |
YoY Change | 15.26% | -0.87% | 194.86% |
Total Long-Term Assets | $1.293B | $1.237B | $1.265B |
YoY Change | 2.28% | -2.29% | 1.85% |
TOTAL ASSETS | |||
Total Short-Term Assets | $946.0M | $894.0M | $999.6M |
Total Long-Term Assets | $1.293B | $1.237B | $1.265B |
Total Assets | $2.239B | $2.131B | $2.264B |
YoY Change | -1.1% | -2.84% | 4.43% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $177.5M | $179.1M | $167.0M |
YoY Change | 6.29% | 3.11% | 2.58% |
Accrued Expenses | $317.0M | $290.2M | $297.6M |
YoY Change | 6.52% | 15.34% | 6.7% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $588.0M | $568.2M | $555.4M |
YoY Change | 5.87% | 7.94% | 6.44% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $224.3M | $158.0M | $305.1M |
YoY Change | -26.48% | -50.59% | -2.12% |
Other Long-Term Liabilities | $65.30M | $46.40M | $45.20M |
YoY Change | 44.47% | 21.78% | -87.6% |
Total Long-Term Liabilities | $65.30M | $46.40M | $45.20M |
YoY Change | 44.47% | 21.78% | -93.32% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $588.0M | $568.2M | $555.4M |
Total Long-Term Liabilities | $65.30M | $46.40M | $45.20M |
Total Liabilities | $1.242B | $1.123B | $1.278B |
YoY Change | -2.83% | -8.24% | 5.2% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | $757.9M | $736.5M | $706.9M |
YoY Change | 7.21% | 5.68% | 4.29% |
Common Stock | $262.6M | $276.1M | $284.0M |
YoY Change | -7.54% | 0.51% | 2.38% |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $997.9M | $1.008B | $986.6M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $2.239B | $2.131B | $2.264B |
YoY Change | -1.1% | -2.84% | 4.43% |
Cashflow Statement
Concept | 2016 Q3 | 2015 Q4 | 2015 Q3 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $31.10M | $38.80M | $1.500M |
YoY Change | 1973.33% | 39.07% | -92.27% |
Depreciation, Depletion And Amortization | $13.90M | $13.90M | $14.80M |
YoY Change | -6.08% | -6.71% | 5.71% |
Cash From Operating Activities | $16.90M | $43.90M | $62.40M |
YoY Change | -72.92% | -31.08% | 223.32% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$11.70M | -$5.400M | -$7.200M |
YoY Change | 62.5% | -39.33% | -21.74% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $200.0K | $131.7M | -$14.80M |
YoY Change | -101.35% | -488.5% | -1950.0% |
Cash From Investing Activities | -$11.50M | $126.3M | -$22.00M |
YoY Change | -47.73% | -395.09% | 161.9% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 500.0K | -165.9M | -19.60M |
YoY Change | -102.55% | 1785.23% | -18.33% |
NET CHANGE | |||
Cash From Operating Activities | 16.90M | 43.90M | 62.40M |
Cash From Investing Activities | -11.50M | 126.3M | -22.00M |
Cash From Financing Activities | 500.0K | -165.9M | -19.60M |
Net Change In Cash | 5.900M | 4.300M | 20.80M |
YoY Change | -71.63% | -64.46% | -258.78% |
FREE CASH FLOW | |||
Cash From Operating Activities | $16.90M | $43.90M | $62.40M |
Capital Expenditures | -$11.70M | -$5.400M | -$7.200M |
Free Cash Flow | $28.60M | $49.30M | $69.60M |
YoY Change | -58.91% | -32.09% | 144.21% |
Facts In Submission
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CostOfServices
|
1156300000 | USD |
us-gaap |
Cost Of Services
CostOfServices
|
3281900000 | USD | |
CY2016Q3 | us-gaap |
Cost Of Services
CostOfServices
|
1166500000 | USD |
us-gaap |
Cost Of Services
CostOfServices
|
3445200000 | USD | |
CY2015Q3 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
1257500000 | USD |
us-gaap |
Costs And Expenses
CostsAndExpenses
|
3584400000 | USD | |
CY2016Q3 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
1278400000 | USD |
us-gaap |
Costs And Expenses
CostsAndExpenses
|
3778400000 | USD | |
us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
200000 | USD | |
us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
2100000 | USD | |
CY2015Q4 | us-gaap |
Deferred Tax Assets Liabilities Net Noncurrent
DeferredTaxAssetsLiabilitiesNetNoncurrent
|
34100000 | USD |
CY2016Q3 | us-gaap |
Deferred Tax Assets Liabilities Net Noncurrent
DeferredTaxAssetsLiabilitiesNetNoncurrent
|
32700000 | USD |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
42600000 | USD | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
43100000 | USD | |
CY2015Q3 | us-gaap |
Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax
|
300000 | USD |
us-gaap |
Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax
|
6300000 | USD | |
CY2016Q3 | us-gaap |
Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax
|
-2900000 | USD |
us-gaap |
Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax
|
-7800000 | USD | |
CY2015Q3 | us-gaap |
Discontinued Operation Tax Effect Of Discontinued Operation
DiscontinuedOperationTaxEffectOfDiscontinuedOperation
|
0 | USD |
us-gaap |
Discontinued Operation Tax Effect Of Discontinued Operation
DiscontinuedOperationTaxEffectOfDiscontinuedOperation
|
300000 | USD | |
CY2016Q3 | us-gaap |
Discontinued Operation Tax Effect Of Discontinued Operation
DiscontinuedOperationTaxEffectOfDiscontinuedOperation
|
-1100000 | USD |
us-gaap |
Discontinued Operation Tax Effect Of Discontinued Operation
DiscontinuedOperationTaxEffectOfDiscontinuedOperation
|
-3900000 | USD | |
CY2015Q4 | us-gaap |
Disposal Group Including Discontinued Operation Consideration
DisposalGroupIncludingDiscontinuedOperationConsideration
|
131000000 | USD |
CY2015Q3 | us-gaap |
Disposal Group Including Discontinued Operation Revenue
DisposalGroupIncludingDiscontinuedOperationRevenue
|
98900000 | USD |
us-gaap |
Disposal Group Including Discontinued Operation Revenue
DisposalGroupIncludingDiscontinuedOperationRevenue
|
287500000 | USD | |
CY2016Q3 | us-gaap |
Disposal Group Including Discontinued Operation Revenue
DisposalGroupIncludingDiscontinuedOperationRevenue
|
0 | USD |
us-gaap |
Disposal Group Including Discontinued Operation Revenue
DisposalGroupIncludingDiscontinuedOperationRevenue
|
0 | USD | |
CY2015Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.03 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.66 | ||
CY2016Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.55 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.88 | ||
CY2015Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.03 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.65 | ||
CY2016Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.55 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.87 | ||
CY2015Q4 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
128800000 | USD |
CY2016Q3 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
128900000 | USD |
us-gaap |
Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
|
5400000 | USD | |
us-gaap |
Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
|
6400000 | USD | |
CY2015Q3 | us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
1200000 | USD |
CY2016Q3 | us-gaap |
Equity Method Investment Ownership Percentage
EquityMethodInvestmentOwnershipPercentage
|
0.33 | |
us-gaap |
Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
|
1700000 | USD | |
us-gaap |
Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
|
0 | USD | |
CY2015Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
149400000 | USD |
CY2016Q3 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
168200000 | USD |
CY2015Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
111400000 | USD |
CY2016Q3 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
111500000 | USD |
us-gaap |
Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
|
2400000 | USD | |
us-gaap |
Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
|
100000 | USD | |
CY2015Q4 | us-gaap |
Goodwill
Goodwill
|
867500000 | USD |
CY2016Q3 | us-gaap |
Goodwill
Goodwill
|
910600000 | USD |
us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
31500000 | USD | |
CY2016Q3 | us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
32900000 | USD |
us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
53300000 | USD | |
CY2015Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-7400000 | USD |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
35100000 | USD | |
CY2016Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
18000000 | USD |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
41600000 | USD | |
CY2015Q3 | us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
0.02 | |
us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
0.56 | ||
CY2016Q3 | us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
0.58 | |
us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
0.94 | ||
CY2015Q3 | us-gaap |
Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
|
0.02 | |
us-gaap |
Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
|
0.55 | ||
CY2016Q3 | us-gaap |
Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
|
0.58 | |
us-gaap |
Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
|
0.94 | ||
CY2015Q3 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
|
300000 | USD |
us-gaap |
Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
|
6000000 | USD | |
CY2016Q3 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
|
-1800000 | USD |
us-gaap |
Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
|
-3900000 | USD | |
CY2015Q3 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
|
0.01 | |
us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
|
0.10 | ||
CY2016Q3 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
|
-0.03 | |
us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
|
-0.06 | ||
CY2015Q3 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
|
0.01 | |
us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
|
0.10 | ||
CY2016Q3 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
|
-0.03 | |
us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
|
-0.07 | ||
CY2015Q3 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
2600000 | USD |
us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
6300000 | USD | |
CY2016Q3 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
2100000 | USD |
us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
5300000 | USD | |
CY2015Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-8600000 | USD |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
3600000 | USD | |
CY2016Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-14900000 | USD |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
27700000 | USD | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
9700000 | USD | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
28800000 | USD | |
us-gaap |
Interest Expense
InterestExpense
|
7700000 | USD | |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-11700000 | USD | |
CY2016Q3 | us-gaap |
Interest Rate Cash Flow Hedge Gain Loss To Be Reclassified During Next12 Months Net
InterestRateCashFlowHedgeGainLossToBeReclassifiedDuringNext12MonthsNet
|
200000 | USD |
CY2015Q3 | us-gaap |
Interest Expense
InterestExpense
|
2400000 | USD |
us-gaap |
Interest Expense
InterestExpense
|
7600000 | USD | |
CY2016Q3 | us-gaap |
Interest Expense
InterestExpense
|
2600000 | USD |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
26700000 | USD | |
us-gaap |
Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
-17100000 | USD | |
us-gaap |
Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
-20000000 | USD | |
us-gaap |
Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
|
-200000 | USD | |
us-gaap |
Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
|
21700000 | USD | |
us-gaap |
Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
|
2600000 | USD | |
us-gaap |
Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
|
6000000 | USD | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
2600000 | USD | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
4200000 | USD | |
us-gaap |
Increase Decrease In Self Insurance Reserve
IncreaseDecreaseInSelfInsuranceReserve
|
41400000 | USD | |
us-gaap |
Increase Decrease In Self Insurance Reserve
IncreaseDecreaseInSelfInsuranceReserve
|
32500000 | USD | |
CY2015Q4 | us-gaap |
Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
|
112900000 | USD |
CY2016Q3 | us-gaap |
Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
|
132700000 | USD |
CY2015Q4 | us-gaap |
Liabilities
Liabilities
|
1123200000 | USD |
CY2016Q3 | us-gaap |
Liabilities
Liabilities
|
1241500000 | USD |
CY2015Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
2130700000 | USD |
CY2016Q3 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
2239400000 | USD |
CY2015Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
568200000 | USD |
CY2016Q3 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
588000000 | USD |
CY2015Q4 | us-gaap |
Line Of Credit
LineOfCredit
|
158000000 | USD |
CY2016Q3 | us-gaap |
Line Of Credit
LineOfCredit
|
224300000 | USD |
CY2016Q3 | us-gaap |
Line Of Credit Facility Current Borrowing Capacity
LineOfCreditFacilityCurrentBorrowingCapacity
|
800000000 | USD |
CY2016Q3 | us-gaap |
Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
|
1000000000 | USD |
CY2015Q4 | us-gaap |
Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
|
529100000 | USD |
CY2016Q3 | us-gaap |
Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
|
443000000 | USD |
CY2016Q3 | us-gaap |
Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
|
9200000 | USD |
CY2016Q3 | us-gaap |
Loss Contingency Range Of Possible Loss Maximum
LossContingencyRangeOfPossibleLossMaximum
|
15000000 | USD |
CY2016Q3 | us-gaap |
Loss Contingency Range Of Possible Loss Minimum
LossContingencyRangeOfPossibleLossMinimum
|
0 | USD |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-51000000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
29100000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-35900000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-105900000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-35700000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-102800000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
101400000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
72900000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
104900000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
98500000 | USD | |
CY2015Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
1500000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
37500000 | USD | |
CY2016Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
31100000 | USD |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
36400000 | USD | |
CY2015Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-7600000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
49400000 | USD | |
CY2016Q3 | us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
5 | segment |
CY2016Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
18500000 | USD |
CY2015Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
46400000 | USD |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
44000000 | USD | |
CY2015Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
129800000 | USD |
CY2016Q3 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
144100000 | USD |
CY2015Q4 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
27000000 | USD |
CY2016Q3 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
27600000 | USD |
CY2015Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
114000000 | USD |
CY2016Q3 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
132200000 | USD |
CY2015Q3 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
100000 | USD |
us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
-1600000 | USD | |
CY2016Q3 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
-12600000 | USD |
us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
-17000000 | USD | |
CY2015 | us-gaap |
Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
|
100000 | USD |
us-gaap |
Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
|
500000 | USD | |
CY2016Q3 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
65300000 | USD |
CY2015Q4 | us-gaap |
Other Long Term Investments
OtherLongTermInvestments
|
35700000 | USD |
CY2016Q3 | us-gaap |
Other Long Term Investments
OtherLongTermInvestments
|
29600000 | USD |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
20000000 | USD | |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
31200000 | USD | |
us-gaap |
Payments For Restructuring
PaymentsForRestructuring
|
20400000 | USD | |
us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
27000000 | USD | |
us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
27700000 | USD | |
us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
300000 | USD | |
us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
100000 | USD | |
us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
19200000 | USD | |
us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
81000000 | USD | |
us-gaap |
Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
|
100000 | USD | |
us-gaap |
Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
|
0 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
20900000 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
27400000 | USD | |
CY2015Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.01 | |
CY2016Q3 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.01 | |
CY2015Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
500000 | shares |
CY2016Q3 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
500000 | shares |
CY2015Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2016Q3 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2015Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
CY2016Q3 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
CY2015Q4 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
68600000 | USD |
CY2016Q3 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
92700000 | USD |
us-gaap |
Proceeds From Construction Loans Payable
ProceedsFromConstructionLoansPayable
|
0 | USD | |
us-gaap |
Proceeds From Construction Loans Payable
ProceedsFromConstructionLoansPayable
|
15300000 | USD | |
us-gaap |
Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
|
729300000 | USD | |
us-gaap |
Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
|
779300000 | USD | |
us-gaap |
Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
|
0 | USD | |
us-gaap |
Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
|
5000000 | USD | |
us-gaap |
Proceeds From Repayments Of Bank Overdrafts
ProceedsFromRepaymentsOfBankOverdrafts
|
-5300000 | USD | |
us-gaap |
Proceeds From Repayments Of Bank Overdrafts
ProceedsFromRepaymentsOfBankOverdrafts
|
1800000 | USD | |
us-gaap |
Proceeds From Sale Of Other Assets Investing Activities
ProceedsFromSaleOfOtherAssetsInvestingActivities
|
4500000 | USD | |
us-gaap |
Proceeds From Sale Of Other Assets Investing Activities
ProceedsFromSaleOfOtherAssetsInvestingActivities
|
600000 | USD | |
us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
16500000 | USD | |
us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
5700000 | USD | |
us-gaap |
Restructuring And Related Cost Incurred Cost
RestructuringAndRelatedCostIncurredCost
|
2200000 | USD | |
CY2015Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
74000000 | USD |
CY2016Q3 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
76800000 | USD |
us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
200000 | USD | |
us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
11500000 | USD | |
CY2015Q3 | us-gaap |
Reimbursement Revenue
ReimbursementRevenue
|
78500000 | USD |
us-gaap |
Reimbursement Revenue
ReimbursementRevenue
|
230600000 | USD | |
CY2016Q3 | us-gaap |
Reimbursement Revenue
ReimbursementRevenue
|
81300000 | USD |
us-gaap |
Reimbursement Revenue
ReimbursementRevenue
|
243800000 | USD | |
us-gaap |
Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
|
1900000 | USD | |
us-gaap |
Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
|
1000000 | USD | |
us-gaap |
Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
|
744000000 | USD | |
us-gaap |
Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
|
713000000 | USD | |
CY2016Q3 | us-gaap |
Restructuring And Related Cost Cost Incurred To Date1
RestructuringAndRelatedCostCostIncurredToDate1
|
31900000 | USD |
CY2015Q3 | us-gaap |
Restructuring And Related Cost Incurred Cost
RestructuringAndRelatedCostIncurredCost
|
2200000 | USD |
CY2016Q3 | us-gaap |
Restructuring And Related Cost Incurred Cost
RestructuringAndRelatedCostIncurredCost
|
3300000 | USD |
us-gaap |
Restructuring And Related Cost Incurred Cost
RestructuringAndRelatedCostIncurredCost
|
19300000 | USD | |
us-gaap |
Restructuring Charges
RestructuringCharges
|
19300000 | USD | |
CY2015Q4 | us-gaap |
Restructuring Reserve
RestructuringReserve
|
6600000 | USD |
CY2016Q3 | us-gaap |
Restructuring Reserve
RestructuringReserve
|
5500000 | USD |
CY2015Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
736500000 | USD |
CY2016Q3 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
757900000 | USD |
CY2015Q3 | us-gaap |
Sales Revenue Services Net
SalesRevenueServicesNet
|
1249900000 | USD |
us-gaap |
Sales Revenue Services Net
SalesRevenueServicesNet
|
3620800000 | USD | |
CY2016Q3 | us-gaap |
Sales Revenue Services Net
SalesRevenueServicesNet
|
1296900000 | USD |
us-gaap |
Sales Revenue Services Net
SalesRevenueServicesNet
|
3822400000 | USD | |
CY2015Q4 | us-gaap |
Self Insurance Reserve
SelfInsuranceReserve
|
387400000 | USD |
CY2016Q3 | us-gaap |
Self Insurance Reserve
SelfInsuranceReserve
|
422600000 | USD |
CY2015Q4 | us-gaap |
Self Insurance Reserve Current
SelfInsuranceReserveCurrent
|
90000000 | USD |
CY2015Q4 | us-gaap |
Self Insurance Reserve Noncurrent
SelfInsuranceReserveNoncurrent
|
297400000 | USD |
CY2016Q3 | us-gaap |
Self Insurance Reserve Noncurrent
SelfInsuranceReserveNoncurrent
|
329700000 | USD |
CY2016Q3 | us-gaap |
Self Insurance Reserve Current
SelfInsuranceReserveCurrent
|
92900000 | USD |
CY2015Q3 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
92800000 | USD |
us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
282100000 | USD | |
CY2016Q3 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
102800000 | USD |
us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
295100000 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
10100000 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
11700000 | USD | |
us-gaap |
Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
|
600000 | shares | |
us-gaap |
Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
|
1000000 | shares | |
us-gaap |
Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
|
20000000 | USD | |
us-gaap |
Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
|
31200000 | USD | |
CY2015Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1007500000 | USD |
CY2016Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
997900000 | USD |
us-gaap |
Unrecognized Tax Benefits Interest On Income Taxes Expense
UnrecognizedTaxBenefitsInterestOnIncomeTaxesExpense
|
1000000 | USD | |
CY2015Q3 | us-gaap |
Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
|
3400000 | USD |
us-gaap |
Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
|
3400000 | USD | |
CY2016Q3 | us-gaap |
Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
|
19000000 | USD |
us-gaap |
Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
|
19000000 | USD | |
CY2015Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
57500000 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
57400000 | shares | |
CY2016Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
56800000 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
56900000 | shares | |
CY2015Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
56800000 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
56700000 | shares | |
CY2016Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
56200000 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
56400000 | shares | |
us-gaap |
Nature Of Operations
NatureOfOperations
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:12px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;font-weight:bold;">THE COMPANY AND NATURE OF OPERATIONS</font></div><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">ABM Industries Incorporated, which operates through its subsidiaries (collectively referred to as “ABM,” “we,” “us,” “our,” or the “Company”), is a leading provider of integrated facility solutions, customized by industry, that enable our clients to deliver exceptional facilities experiences. ABM’s comprehensive capabilities include airport operation support services, commercial cleaning, electrical and lighting maintenance, energy solutions, facilities engineering, HVAC and mechanical maintenance services, landscaping, and parking. We provide custom facility solutions in urban, suburban, and rural areas to properties of all sizes—from schools and commercial buildings to airports, hospitals, and manufacturing plants.</font></div></div> |