2017 Q3 Form 10-Q Financial Statement
#000162828017009141 Filed on September 07, 2017
Income Statement
Concept | 2017 Q3 | 2016 Q4 | 2016 Q3 |
---|---|---|---|
Revenue | $1.318B | $1.322B | $1.297B |
YoY Change | 1.66% | 3.55% | 3.76% |
Cost Of Revenue | $1.185B | $1.178B | $1.161B |
YoY Change | 2.0% | 37.22% | 0.43% |
Gross Profit | $134.0M | $149.0M | $135.6M |
YoY Change | -1.18% | 0.07% | 44.87% |
Gross Profit Margin | 10.16% | 11.27% | 10.46% |
Selling, General & Admin | $101.3M | $95.00M | $108.0M |
YoY Change | -6.2% | 0.74% | 16.38% |
% of Gross Profit | 75.6% | 63.76% | 79.65% |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $14.90M | $14.40M | $13.90M |
YoY Change | 7.19% | 3.6% | -6.08% |
% of Gross Profit | 11.12% | 9.66% | 10.25% |
Operating Expenses | $101.3M | $101.2M | $108.0M |
YoY Change | -6.2% | 1.2% | 16.38% |
Operating Profit | $22.60M | $47.80M | $18.50M |
YoY Change | 22.16% | -2.25% | -343.42% |
Interest Expense | $2.800M | -$400.0K | $2.600M |
YoY Change | 7.69% | -500.0% | 8.33% |
% of Operating Profit | 12.39% | -0.84% | 14.05% |
Other Income/Expense, Net | |||
YoY Change | |||
Pretax Income | $21.00M | $10.30M | $18.00M |
YoY Change | 16.67% | -66.77% | -343.24% |
Income Tax | -$11.90M | $1.300M | -$14.90M |
% Of Pretax Income | -56.67% | 12.62% | -82.78% |
Net Earnings | $32.90M | $7.800M | $31.10M |
YoY Change | 5.79% | -79.9% | 1973.33% |
Net Earnings / Revenue | 2.5% | 0.59% | 2.4% |
Basic Earnings Per Share | $0.59 | $0.14 | $0.55 |
Diluted Earnings Per Share | $0.58 | $0.14 | $0.55 |
COMMON SHARES | |||
Basic Shares Outstanding | 56.10M shares | 55.56M shares | 56.20M shares |
Diluted Shares Outstanding | 56.60M shares | 56.80M shares |
Balance Sheet
Concept | 2017 Q3 | 2016 Q4 | 2016 Q3 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $47.70M | $53.50M | $51.60M |
YoY Change | -7.56% | -3.6% | 0.78% |
Cash & Equivalents | $47.70M | $53.50M | $51.60M |
Short-Term Investments | |||
Other Short-Term Assets | $31.30M | $30.00M | $27.60M |
YoY Change | 13.41% | 11.11% | -6.76% |
Inventory | |||
Prepaid Expenses | $94.70M | $68.00M | $92.70M |
Receivables | $875.3M | $803.7M | $774.1M |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $1.049B | $991.3M | $946.0M |
YoY Change | 10.89% | 10.88% | -5.36% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $100.9M | $81.80M | $76.80M |
YoY Change | 31.38% | 10.54% | -4.48% |
Goodwill | $926.9M | $912.8M | $910.6M |
YoY Change | 1.79% | 5.22% | -0.65% |
Intangibles | |||
YoY Change | |||
Long-Term Investments | $16.30M | $17.10M | $29.60M |
YoY Change | -44.93% | -24.34% | -12.68% |
Other Assets | $111.6M | $134.3M | $132.2M |
YoY Change | -15.58% | 17.81% | 15.26% |
Total Long-Term Assets | $1.304B | $1.288B | $1.293B |
YoY Change | 0.81% | 4.11% | 2.28% |
TOTAL ASSETS | |||
Total Short-Term Assets | $1.049B | $991.3M | $946.0M |
Total Long-Term Assets | $1.304B | $1.288B | $1.293B |
Total Assets | $2.353B | $2.279B | $2.239B |
YoY Change | 5.07% | 6.95% | -1.1% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $202.5M | $174.3M | $177.5M |
YoY Change | 14.08% | -2.68% | 6.29% |
Accrued Expenses | $318.1M | $307.2M | $317.0M |
YoY Change | 0.35% | 5.86% | 6.52% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | $0.00 | ||
YoY Change | |||
Total Short-Term Liabilities | $690.1M | $596.8M | $588.0M |
YoY Change | 17.36% | 5.03% | 5.87% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $264.7M | $268.3M | $224.3M |
YoY Change | 18.01% | 69.81% | -26.48% |
Other Long-Term Liabilities | $55.20M | $71.20M | $65.30M |
YoY Change | -15.47% | 53.45% | 44.47% |
Total Long-Term Liabilities | $55.20M | $339.5M | $65.30M |
YoY Change | -15.47% | 631.68% | 44.47% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $690.1M | $596.8M | $588.0M |
Total Long-Term Liabilities | $55.20M | $339.5M | $65.30M |
Total Liabilities | $1.384B | $1.305B | $1.242B |
YoY Change | 11.5% | 16.17% | -2.83% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | $734.9M | $756.4M | $757.9M |
YoY Change | -3.03% | 2.7% | 7.21% |
Common Stock | $254.2M | $249.2M | $262.6M |
YoY Change | -3.2% | -9.74% | -7.54% |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $968.6M | $974.0M | $997.9M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $2.353B | $2.279B | $2.239B |
YoY Change | 5.07% | 6.95% | -1.1% |
Cashflow Statement
Concept | 2017 Q3 | 2016 Q4 | 2016 Q3 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $32.90M | $7.800M | $31.10M |
YoY Change | 5.79% | -79.9% | 1973.33% |
Depreciation, Depletion And Amortization | $14.90M | $14.40M | $13.90M |
YoY Change | 7.19% | 3.6% | -6.08% |
Cash From Operating Activities | -$22.80M | $10.60M | $16.90M |
YoY Change | -234.91% | -75.85% | -72.92% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$14.40M | -$16.60M | -$11.70M |
YoY Change | 23.08% | 207.41% | 62.5% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $36.50M | -$12.30M | $200.0K |
YoY Change | 18150.0% | -109.34% | -101.35% |
Cash From Investing Activities | $22.10M | -$28.90M | -$11.50M |
YoY Change | -292.17% | -122.88% | -47.73% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | -8.200M | 23.50M | 500.0K |
YoY Change | -1740.0% | -114.17% | -102.55% |
NET CHANGE | |||
Cash From Operating Activities | -22.80M | 10.60M | 16.90M |
Cash From Investing Activities | 22.10M | -28.90M | -11.50M |
Cash From Financing Activities | -8.200M | 23.50M | 500.0K |
Net Change In Cash | -8.900M | 5.200M | 5.900M |
YoY Change | -250.85% | 20.93% | -71.63% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$22.80M | $10.60M | $16.90M |
Capital Expenditures | -$14.40M | -$16.60M | -$11.70M |
Free Cash Flow | -$8.400M | $27.20M | $28.60M |
YoY Change | -129.37% | -44.83% | -58.91% |
Facts In Submission
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DeferredTaxAssetsLiabilitiesNetNoncurrent
|
37400000 | USD |
CY2017Q3 | us-gaap |
Deferred Tax Assets Liabilities Net Noncurrent
DeferredTaxAssetsLiabilitiesNetNoncurrent
|
52500000 | USD |
CY2016Q4 | us-gaap |
Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
|
3500000 | USD |
CY2017Q3 | us-gaap |
Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
|
3200000 | USD |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
43100000 | USD | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
43400000 | USD | |
CY2016Q4 | us-gaap |
Discontinued Operation Amounts Of Material Contingent Liabilities Remaining
DiscontinuedOperationAmountsOfMaterialContingentLiabilitiesRemaining
|
0 | USD |
CY2017Q3 | us-gaap |
Discontinued Operation Amounts Of Material Contingent Liabilities Remaining
DiscontinuedOperationAmountsOfMaterialContingentLiabilitiesRemaining
|
65300000 | USD |
us-gaap |
Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax
|
-123700000 | USD | |
CY2016Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.55 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.88 | ||
CY2017Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.59 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.13 | ||
CY2016Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.55 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.87 | ||
CY2017Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.58 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.13 | ||
us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
-2200000 | USD | |
us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
1500000 | USD | |
CY2016Q4 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
130700000 | USD |
CY2017Q3 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
132000000 | USD |
CY2016Q3 | us-gaap |
Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
|
1800000 | USD |
us-gaap |
Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
|
1800000 | USD | |
us-gaap |
Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
|
2700000 | USD | |
us-gaap |
Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
|
6400000 | USD | |
us-gaap |
Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
|
5700000 | USD | |
CY2017Q3 | us-gaap |
Equity Method Investment Ownership Percentage
EquityMethodInvestmentOwnershipPercentage
|
0.33 | |
CY2016Q4 | us-gaap |
Estimated Insurance Recoveries
EstimatedInsuranceRecoveries
|
69700000 | USD |
CY2017Q3 | us-gaap |
Estimated Insurance Recoveries
EstimatedInsuranceRecoveries
|
74600000 | USD |
CY2016Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
157000000 | USD |
CY2017Q3 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
174900000 | USD |
CY2016Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
103800000 | USD |
CY2017Q3 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
95900000 | USD |
us-gaap |
Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
|
100000 | USD | |
us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
0.94 | ||
us-gaap |
Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
|
2400000 | USD | |
CY2017Q3 | us-gaap |
Goodwill
Goodwill
|
926900000 | USD |
CY2016Q3 | us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
32900000 | USD |
CY2016Q4 | us-gaap |
Goodwill
Goodwill
|
912800000 | USD |
CY2017Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
21000000 | USD |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
91900000 | USD | |
CY2016Q3 | us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
0.58 | |
us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
53300000 | USD | |
CY2017Q3 | us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
32900000 | USD |
us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
80600000 | 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 | |
CY2017Q3 | us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
0.59 | |
us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
1.44 | ||
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 | ||
CY2017Q3 | us-gaap |
Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
|
0.58 | |
us-gaap |
Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
|
1.42 | ||
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 | |
CY2017Q3 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
|
0 | USD |
us-gaap |
Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
|
-73200000 | USD | |
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 | ||
CY2017Q3 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
|
0.00 | |
us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
|
-1.31 | ||
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 | ||
CY2017Q3 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
|
0.00 | |
us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
|
-1.29 | ||
CY2016Q3 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
2100000 | USD |
us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
5300000 | USD | |
CY2017Q3 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
1200000 | USD |
us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
3600000 | USD | |
CY2016Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-14900000 | USD |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-11700000 | USD | |
CY2017Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-11900000 | USD |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
11300000 | USD | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
9700000 | USD | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
15600000 | USD | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
26700000 | USD | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
69500000 | USD | |
us-gaap |
Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
-20000000 | USD | |
us-gaap |
Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
-7700000 | USD | |
us-gaap |
Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
|
19500000 | USD | |
us-gaap |
Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
|
8300000 | USD | |
us-gaap |
Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
|
6000000 | USD | |
us-gaap |
Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
|
7600000 | USD | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
4200000 | USD | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
14900000 | USD | |
us-gaap |
Increase Decrease In Self Insurance Reserve
IncreaseDecreaseInSelfInsuranceReserve
|
32500000 | USD | |
us-gaap |
Increase Decrease In Self Insurance Reserve
IncreaseDecreaseInSelfInsuranceReserve
|
32500000 | USD | |
CY2016Q3 | us-gaap |
Interest Expense
InterestExpense
|
2600000 | USD |
us-gaap |
Interest Expense
InterestExpense
|
7700000 | USD | |
CY2017Q3 | us-gaap |
Interest Expense
InterestExpense
|
2800000 | USD |
us-gaap |
Interest Expense
InterestExpense
|
9100000 | USD | |
CY2017Q3 | us-gaap |
Interest Rate Cash Flow Hedge Gain Loss To Be Reclassified During Next12 Months Net
InterestRateCashFlowHedgeGainLossToBeReclassifiedDuringNext12MonthsNet
|
600000 | USD |
CY2016Q4 | us-gaap |
Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
|
130900000 | USD |
CY2017Q3 | us-gaap |
Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
|
127700000 | USD |
CY2016Q4 | us-gaap |
Liabilities
Liabilities
|
1304800000 | USD |
CY2017Q3 | us-gaap |
Liabilities
Liabilities
|
1384300000 | USD |
CY2016Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
2278800000 | USD |
CY2017Q3 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
2352900000 | USD |
CY2016Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
596800000 | USD |
CY2017Q3 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
690100000 | USD |
CY2016Q4 | us-gaap |
Liabilities Of Disposal Group Including Discontinued Operation Current
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent
|
16800000 | USD |
CY2017Q3 | us-gaap |
Liabilities Of Disposal Group Including Discontinued Operation Current
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent
|
0 | USD |
CY2016Q4 | us-gaap |
Line Of Credit
LineOfCredit
|
268300000 | USD |
CY2017Q3 | us-gaap |
Line Of Credit
LineOfCredit
|
264700000 | USD |
CY2017Q3 | us-gaap |
Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
|
71700000 | USD |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
29100000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-8700000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-105900000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-23900000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-102800000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-23900000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
75100000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
25300000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
100700000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
82600000 | USD | |
CY2016Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
31100000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
49400000 | USD | |
CY2017Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
32900000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
7400000 | USD | |
CY2016Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
18500000 | USD |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
44000000 | USD | |
CY2017Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
22600000 | USD |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
97400000 | USD | |
CY2016Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
135900000 | USD |
CY2017Q3 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
137100000 | USD |
CY2016Q4 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
30000000 | USD |
CY2017Q3 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
31300000 | USD |
CY2016Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
134300000 | USD |
CY2017Q3 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
111600000 | 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 |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
0 | USD | |
us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
-17000000 | USD | |
CY2017Q3 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
3600000 | USD |
us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
9800000 | USD | |
CY2016Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
71200000 | USD |
CY2017Q3 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
55200000 | USD |
CY2016Q4 | us-gaap |
Other Long Term Investments
OtherLongTermInvestments
|
17400000 | USD |
CY2017Q3 | us-gaap |
Other Long Term Investments
OtherLongTermInvestments
|
16300000 | USD |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
31200000 | USD | |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
7900000 | USD | |
us-gaap |
Payments For Restructuring
PaymentsForRestructuring
|
20200000 | USD | |
us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
27700000 | USD | |
us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
28400000 | USD | |
us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
100000 | USD | |
us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
81000000 | USD | |
us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
18600000 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
27400000 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
42200000 | USD | |
CY2016Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.01 | |
CY2017Q3 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.01 | |
CY2016Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
500000 | shares |
CY2017Q3 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
500000 | shares |
CY2016Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2017Q3 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2016Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
CY2017Q3 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
CY2016Q4 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
68000000 | USD |
CY2017Q3 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
94700000 | USD |
us-gaap |
Proceeds From Construction Loans Payable
ProceedsFromConstructionLoansPayable
|
15300000 | USD | |
us-gaap |
Proceeds From Construction Loans Payable
ProceedsFromConstructionLoansPayable
|
6800000 | USD | |
us-gaap |
Proceeds From Divestiture Of Businesses
ProceedsFromDivestitureOfBusinesses
|
0 | USD | |
us-gaap |
Proceeds From Divestiture Of Businesses
ProceedsFromDivestitureOfBusinesses
|
35500000 | USD | |
us-gaap |
Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
|
5700000 | USD | |
us-gaap |
Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
|
2000000 | USD | |
us-gaap |
Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
|
779300000 | USD | |
us-gaap |
Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
|
671000000 | USD | |
us-gaap |
Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
|
5000000 | USD | |
us-gaap |
Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
|
0 | USD | |
us-gaap |
Proceeds From Repayments Of Bank Overdrafts
ProceedsFromRepaymentsOfBankOverdrafts
|
1800000 | USD | |
us-gaap |
Proceeds From Repayments Of Bank Overdrafts
ProceedsFromRepaymentsOfBankOverdrafts
|
26500000 | USD | |
us-gaap |
Proceeds From Sale Of Other Assets Investing Activities
ProceedsFromSaleOfOtherAssetsInvestingActivities
|
600000 | USD | |
us-gaap |
Proceeds From Sale Of Other Assets Investing Activities
ProceedsFromSaleOfOtherAssetsInvestingActivities
|
1400000 | USD | |
CY2016Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
81800000 | USD |
CY2017Q3 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
100900000 | USD |
us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
11500000 | USD | |
us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
2700000 | USD | |
CY2016Q3 | us-gaap |
Reimbursement Revenue
ReimbursementRevenue
|
81300000 | USD |
us-gaap |
Reimbursement Revenue
ReimbursementRevenue
|
243800000 | USD | |
CY2017Q3 | us-gaap |
Reimbursement Revenue
ReimbursementRevenue
|
85800000 | USD |
us-gaap |
Reimbursement Revenue
ReimbursementRevenue
|
243800000 | USD | |
us-gaap |
Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
|
1000000 | USD | |
us-gaap |
Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
|
300000 | USD | |
us-gaap |
Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
|
713000000 | USD | |
us-gaap |
Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
|
674600000 | USD | |
CY2017Q3 | us-gaap |
Restructuring And Related Cost Cost Incurred To Date1
RestructuringAndRelatedCostCostIncurredToDate1
|
57600000 | USD |
CY2016Q3 | us-gaap |
Restructuring Charges
RestructuringCharges
|
3300000 | USD |
us-gaap |
Restructuring Charges
RestructuringCharges
|
19300000 | USD | |
CY2017Q3 | us-gaap |
Restructuring Charges
RestructuringCharges
|
5200000 | USD |
us-gaap |
Restructuring Charges
RestructuringCharges
|
16000000 | USD | |
CY2016Q4 | us-gaap |
Restructuring Reserve
RestructuringReserve
|
8000000 | USD |
CY2017Q3 | us-gaap |
Restructuring Reserve
RestructuringReserve
|
3700000 | USD |
us-gaap |
Restructuring Reserve Settled Without Cash2
RestructuringReserveSettledWithoutCash2
|
200000 | USD | |
CY2016Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
756400000 | USD |
CY2017Q3 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
734900000 | USD |
CY2016Q3 | us-gaap |
Sales Revenue Services Net
SalesRevenueServicesNet
|
1296900000 | USD |
us-gaap |
Sales Revenue Services Net
SalesRevenueServicesNet
|
3822400000 | USD | |
CY2017Q3 | us-gaap |
Sales Revenue Services Net
SalesRevenueServicesNet
|
1318400000 | USD |
us-gaap |
Sales Revenue Services Net
SalesRevenueServicesNet
|
3955600000 | USD | |
CY2016Q4 | us-gaap |
Self Insurance Reserve Current
SelfInsuranceReserveCurrent
|
92200000 | USD |
CY2017Q3 | us-gaap |
Self Insurance Reserve Current
SelfInsuranceReserveCurrent
|
102100000 | USD |
CY2016Q4 | us-gaap |
Self Insurance Reserve Noncurrent
SelfInsuranceReserveNoncurrent
|
331600000 | USD |
CY2017Q3 | us-gaap |
Self Insurance Reserve Noncurrent
SelfInsuranceReserveNoncurrent
|
355500000 | USD |
CY2016Q3 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
108000000 | USD |
us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
310200000 | USD | |
CY2017Q3 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
101300000 | USD |
us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
299200000 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
11700000 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
10300000 | USD | |
us-gaap |
Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
|
1000000 | shares | |
us-gaap |
Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
|
200000 | shares | |
us-gaap |
Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
|
31200000 | USD | |
us-gaap |
Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
|
7900000 | USD | |
CY2016Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
974000000 | USD |
CY2017Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
968600000 | USD |
CY2016Q3 | us-gaap |
Unrecognized Tax Benefits Interest On Income Taxes Expense
UnrecognizedTaxBenefitsInterestOnIncomeTaxesExpense
|
1000000 | USD |
us-gaap |
Unrecognized Tax Benefits Interest On Income Taxes Expense
UnrecognizedTaxBenefitsInterestOnIncomeTaxesExpense
|
1000000 | USD | |
CY2017Q3 | us-gaap |
Unrecognized Tax Benefits Interest On Income Taxes Expense
UnrecognizedTaxBenefitsInterestOnIncomeTaxesExpense
|
1200000 | USD |
us-gaap |
Unrecognized Tax Benefits Interest On Income Taxes Expense
UnrecognizedTaxBenefitsInterestOnIncomeTaxesExpense
|
1200000 | 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 | |
CY2017Q3 | us-gaap |
Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
|
15800000 | USD |
us-gaap |
Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
|
15800000 | USD | |
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 | |
CY2017Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
56600000 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
56600000 | 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 | |
CY2017Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
56100000 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
56000000 | 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. We are organized into </font><font style="font-family:Arial;font-size:10pt;">five</font><font style="font-family:Arial;font-size:10pt;"> industry groups and </font><font style="font-family:Arial;font-size:10pt;">one</font><font style="font-family:Arial;font-size:10pt;"> Technical Solutions segment: </font></div><div style="line-height:120%;padding-top:12px;text-align:center;"><img src="revisedindustrygroupsa011a04.jpg" alt="revisedindustrygroupsa011a04.jpg" style="height:100px;width:678px;"></img></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">Through these groups, we offer a full complement of solutions, including janitorial, facilities engineering, and parking, on a stand-alone basis or in combination with each other or with specialized mechanical and electrical technical solutions.</font></div></div> |