2019 Q4 Form 10-Q Financial Statement

#000170305619000105 Filed on November 12, 2019

View on sec.gov

Income Statement

Concept 2019 Q4 2019 Q3 2018 Q4
Revenue $1.298B $1.301B $1.185B
YoY Change 9.52% 13.26% 7.23%
Cost Of Revenue $369.7M $356.6M $283.4M
YoY Change 30.45% 35.43% 19.28%
Gross Profit $928.6M $944.0M $902.0M
YoY Change 2.95% 6.67% 3.93%
Gross Profit Margin 71.53% 72.58% 76.09%
Selling, General & Admin $358.7M $378.6M $324.3M
YoY Change 10.61% 28.3% 13.31%
% of Gross Profit 38.63% 40.11% 35.95%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $486.5M $505.8M $484.1M
YoY Change 0.5% 6.54% 1.68%
% of Gross Profit 52.39% 53.58% 53.67%
Operating Expenses $845.2M $378.6M $808.6M
YoY Change 4.53% 28.3% 6.09%
Operating Profit $64.11M -$51.23M $10.69M
YoY Change 499.84% -142.05% -88.75%
Interest Expense -$153.6M -$152.4M -$162.0M
YoY Change -5.19% 0.02% -9.65%
% of Operating Profit -239.61% -1515.86%
Other Income/Expense, Net $2.100M $200.0K -$1.800M
YoY Change -216.67% -63.77% -37.93%
Pretax Income -$88.50M -$218.0M -$153.1M
YoY Change -42.19% -10.38% 75.57%
Income Tax -$16.50M -$36.00M -$3.600M
% Of Pretax Income
Net Earnings -$71.99M -$181.6M -$149.5M
YoY Change -51.83% -22.89% -123.42%
Net Earnings / Revenue -5.55% -13.97% -12.61%
Basic Earnings Per Share -$0.10 -$0.25 -$0.20
Diluted Earnings Per Share -$0.10 -$0.25 -$0.20
COMMON SHARES
Basic Shares Outstanding 743.5M shares 739.9M shares 756.8M shares
Diluted Shares Outstanding 739.9M shares

Balance Sheet

Concept 2019 Q4 2019 Q3 2018 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $49.00M $156.0M $363.0M
YoY Change -86.5% -39.3% 195.12%
Cash & Equivalents $48.74M $155.8M $363.2M
Short-Term Investments
Other Short-Term Assets $151.0M $732.0M $130.0M
YoY Change 16.15% 584.11% 68.83%
Inventory $138.0M $146.0M $115.0M
Prepaid Expenses
Receivables $287.2M $284.9M $245.7M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $625.5M $1.319B $854.0M
YoY Change -26.76% 110.49% 87.33%
LONG-TERM ASSETS
Property, Plant & Equipment $328.7M $337.4M $326.6M
YoY Change 0.66% 9.32% -1.77%
Goodwill $4.960B $4.957B $5.082B
YoY Change -2.41% -2.58% 0.22%
Intangibles $6.670B $6.816B $7.488B
YoY Change -10.93% -8.98% -4.69%
Long-Term Investments
YoY Change
Other Assets $247.5M $248.3M $120.3M
YoY Change 105.79% 67.51% -2.97%
Total Long-Term Assets $15.46B $15.63B $16.35B
YoY Change -5.48% -4.36% -1.23%
TOTAL ASSETS
Total Short-Term Assets $625.5M $1.319B $854.0M
Total Long-Term Assets $15.46B $15.63B $16.35B
Total Assets $16.08B $16.95B $17.21B
YoY Change -6.54% -0.12% 1.14%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $242.0M $297.0M $221.3M
YoY Change 9.31% 44.08% 17.93%
Accrued Expenses $477.4M $491.5M $398.1M
YoY Change 19.92% 10.57% 13.3%
Deferred Revenue $342.4M $343.9M $334.9M
YoY Change 2.23% 10.65% 8.32%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $58.05M $212.9M $58.18M
YoY Change -0.23% 343.49% 21.07%
Total Short-Term Liabilities $1.120B $1.474B $1.012B
YoY Change 10.59% 45.97% 12.97%
LONG-TERM LIABILITIES
Long-Term Debt $9.634B $9.638B $9.944B
YoY Change -3.12% 1.24% -1.75%
Other Long-Term Liabilities $305.4M $288.7M $140.6M
YoY Change 117.23% 127.43% 3.0%
Total Long-Term Liabilities $9.940B $9.927B $10.08B
YoY Change -1.44% 7719.13% -1.69%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.120B $1.474B $1.012B
Total Long-Term Liabilities $9.940B $9.927B $10.08B
Total Liabilities $12.90B $13.24B $12.98B
YoY Change -0.65% 5.62% -4.4%
SHAREHOLDERS EQUITY
Retained Earnings -$2.742B -$2.112B -$1.680B
YoY Change 63.18% 40.44% 68.34%
Common Stock $7.536M $7.500M $7.669M
YoY Change -1.73% -2.19% 383350.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $3.184B $3.711B $4.225B
YoY Change
Total Liabilities & Shareholders Equity $16.08B $16.95B $17.21B
YoY Change -6.54% -0.12% 1.14%

Cashflow Statement

Concept 2019 Q4 2019 Q3 2018 Q4
OPERATING ACTIVITIES
Net Income -$71.99M -$181.6M -$149.5M
YoY Change -51.83% -22.89% -123.42%
Depreciation, Depletion And Amortization $486.5M $505.8M $484.1M
YoY Change 0.5% 6.54% 1.68%
Cash From Operating Activities $413.9M $480.0M $381.6M
YoY Change 8.46% 8.3% 15.78%
INVESTING ACTIVITIES
Capital Expenditures -$305.6M -$352.9M -$347.5M
YoY Change -12.06% -6.04% 78.11%
Acquisitions
YoY Change
Other Investing Activities $484.4M -$16.30M -$306.7M
YoY Change -257.94% 33.61% 70.2%
Cash From Investing Activities $178.7M -$369.3M -$654.2M
YoY Change -127.32% -4.8% 74.31%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -704.5M 5.700M 380.5M
YoY Change -285.15% -100.64% -2918.52%
NET CHANGE
Cash From Operating Activities 413.9M 480.0M 381.6M
Cash From Investing Activities 178.7M -369.3M -654.2M
Cash From Financing Activities -704.5M 5.700M 380.5M
Net Change In Cash -111.9M 116.4M 107.9M
YoY Change -203.71% -113.9% -282.26%
FREE CASH FLOW
Cash From Operating Activities $413.9M $480.0M $381.6M
Capital Expenditures -$305.6M -$352.9M -$347.5M
Free Cash Flow $719.5M $832.9M $729.1M
YoY Change -1.32% 1.72% 38.96%

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us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
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us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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us-gaap Net Income Loss
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us-gaap Number Of Reportable Segments
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CY2018Q3 adt Subscriber System Assets Depreciation Expense
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adt Subscriber System Assets Depreciation Expense
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adt Subscriber System Assets Depreciation Expense
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CY2018Q4 adt Subscriber System Assets Accumulated Depreciation
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us-gaap Capitalized Contract Cost Amortization
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us-gaap Capitalized Contract Cost Amortization
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adt Revenuefrom Contractwith Customer Termof Customer Relationship
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CY2019Q3 adt Radio Conversion Numberof Customer Sites Using3 Gor Cdma
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us-gaap Guarantees Indemnifications And Warranties Policies
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<div style="line-height:120%;padding-bottom:10px;padding-top:21px;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-style:italic;">Guarantees</span></div>In the normal course of business, the Company is liable for contract completion and product performance. The Company does not believe such obligations will significantly affect its financial position, results of operations, or cash flows.
CY2019Q3 us-gaap Guarantee Obligations Current Carrying Value
GuaranteeObligationsCurrentCarryingValue
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us-gaap Contract With Customer Liability Revenue Recognized
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us-gaap Contract With Customer Liability Revenue Recognized
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us-gaap Revenue Recognition Deferred Revenue
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<div style="line-height:120%;padding-top:10px;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Customer billings for services not yet rendered are deferred and recognized as revenue as services are provided. These fees are recorded as current deferred revenue in the Condensed Consolidated Balance Sheets as the Company expects to satisfy any </span></div><div style="line-height:120%;padding-top:10px;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">remaining performance obligations, as well as recognize the related revenue, within the next twelve months. Accordingly, the Company has applied the practical expedient regarding deferred revenue to exclude the value of remaining performance obligations if (i) the contract has an original expected term of one year or less or (ii) the Company recognizes revenue in proportion to the amount it has the right to invoice for services performed.</span></div>
CY2019Q3 us-gaap Revenue From Contract With Customer Including Assessed Tax
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us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
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us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
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CY2018Q4 us-gaap Goodwill
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us-gaap Goodwill Acquired During Period
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adt Goodwill Heldforsale
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us-gaap Goodwill Translation And Purchase Accounting Adjustments
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CY2019Q3 us-gaap Goodwill
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FiniteLivedIntangibleAssetsAccumulatedAmortization
3222980000 USD
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FiniteLivedIntangibleAssetsNet
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CY2019Q3 us-gaap Intangible Assets Gross Excluding Goodwill
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CY2019Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
3977077000 USD
CY2019Q3 us-gaap Intangible Assets Net Excluding Goodwill
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IntangibleAssetsGrossExcludingGoodwill
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3222980000 USD
us-gaap Payments To Acquire Intangible Assets
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514000000 USD
CY2019Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
315732000 USD
CY2018Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
293535000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
933260000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
906233000 USD
CY2019Q3 us-gaap Goodwill Impairment Loss
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CY2019Q3 us-gaap Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
-27739000 USD
CY2018Q4 us-gaap Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
-19642000 USD
CY2019Q3 us-gaap Deferred Finance Costs Net
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61144000 USD
CY2018Q4 us-gaap Deferred Finance Costs Net
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42840000 USD
CY2019Q3 adt Accretionof Purchase Accounting Fair Value Adjustment Debt
AccretionofPurchaseAccountingFairValueAdjustmentDebt
-198488000 USD
CY2018Q4 adt Accretionof Purchase Accounting Fair Value Adjustment Debt
AccretionofPurchaseAccountingFairValueAdjustmentDebt
-205483000 USD
CY2019Q3 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities
9850995000 USD
CY2018Q4 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities
10002296000 USD
CY2019Q3 us-gaap Long Term Debt Current
LongTermDebtCurrent
212877000 USD
CY2018Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
58184000 USD
CY2019Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
9638118000 USD
CY2018Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
9944112000 USD
CY2019Q2 adt Deferred Financing Costs
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17000000 USD
CY2019Q3 adt Debt Instrument Premium Percent
DebtInstrumentPremiumPercent
0.02
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-103000000 USD
CY2019Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-36000000 USD
CY2019Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.167
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2019Q3 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
0.219
CY2019Q3 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Impairment Losses
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseImpairmentLosses
0.056
CY2019Q3 us-gaap Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent
0.207
CY2019Q3 adt Adt Effective Income Tax Rate Reconciliation Legislative Changes Percent
AdtEffectiveIncomeTaxRateReconciliationLegislativeChangesPercent
0.046
CY2018Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-8000000 USD
CY2018Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.032
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2018Q3 adt Adt Effective Income Tax Rate Reconciliation Nondeductible Expense Financial Instruments Subjectto Mandatory Redemption Percent
Adt_EffectiveIncomeTaxRateReconciliationNondeductibleExpenseFinancialInstrumentsSubjecttoMandatoryRedemptionPercent
0.112
CY2018Q3 us-gaap Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent
0.056
CY2018Q3 adt Adt Effective Income Tax Rate Reconciliation Legislative Changes Percent
AdtEffectiveIncomeTaxRateReconciliationLegislativeChangesPercent
0.049
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-82000000 USD
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.188
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
0.110
us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Impairment Losses
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseImpairmentLosses
0.028
us-gaap Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent
0.104
us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.023
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-20000000 USD
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.041
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
adt Effective Income Tax Rate Reconciliation Nondeductible Expense Financial Instruments Subjectto Mandatory Redemption Percent
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseFinancialInstrumentsSubjecttoMandatoryRedemptionPercent
0.116
us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost
0.073
adt Adt Effective Income Tax Rate Reconciliation Legislative Changes Percent
AdtEffectiveIncomeTaxRateReconciliationLegislativeChangesPercent
0.042
us-gaap Effective Income Tax Rate Reconciliation Prior Year Income Taxes
EffectiveIncomeTaxRateReconciliationPriorYearIncomeTaxes
0.056
CY2019Q3 us-gaap Unrecorded Unconditional Purchase Obligation Balance Sheet Amount
UnrecordedUnconditionalPurchaseObligationBalanceSheetAmount
80000000 USD
CY2019Q3 us-gaap Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
109000000 USD
CY2018Q4 us-gaap Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
74000000 USD
CY2019Q1 invest Derivative Notional Amount
DerivativeNotionalAmount
725000000 USD
CY2019Q3 us-gaap Interest Rate Cash Flow Hedge Liability At Fair Value
InterestRateCashFlowHedgeLiabilityAtFairValue
103057 USD
CY2018Q4 us-gaap Interest Rate Cash Flow Hedge Liability At Fair Value
InterestRateCashFlowHedgeLiabilityAtFairValue
20268 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
65000000 USD
CY2019Q3 invest Derivative Notional Amount
DerivativeNotionalAmount
4225000000 USD
CY2019Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
19000000 USD
CY2018Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
18000000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
113000000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.41
CY2018Q1 us-gaap Shares Issued Price Per Share
SharesIssuedPricePerShare
14.00
CY2019Q1 adt Shares Authorizedunder Drip
SharesAuthorizedunderDRIP
18750000 shares
CY2019Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.035
CY2019Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.035
CY2019Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.035
CY2019Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.035
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.105
us-gaap Stock Issued During Period Shares Dividend Reinvestment Plan
StockIssuedDuringPeriodSharesDividendReinvestmentPlan
11000000 shares
CY2019Q1 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
150000000 USD
us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
24000000 shares
us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
150000000 USD
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
-181630000 USD
CY2018Q3 us-gaap Net Income Loss
NetIncomeLoss
-235544000 USD
us-gaap Net Income Loss
NetIncomeLoss
-352157000 USD
us-gaap Net Income Loss
NetIncomeLoss
-459686000 USD
CY2019Q3 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
739852000 shares
CY2018Q3 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
755277000 shares
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
748500000 shares
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
744720000 shares
CY2019Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.25
CY2018Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.31
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.47
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.62
us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
2674000 USD
CY2019Q3 adt Operating Lease Rightof Use Assets Current
OperatingLeaseRightofUseAssetsCurrent
1191000 USD
CY2019Q1 adt Operating Lease Rightof Use Assets Current
OperatingLeaseRightofUseAssetsCurrent
1642000 USD
CY2019Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
123658000 USD
CY2019Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
125936000 USD
CY2019Q3 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
69359000 USD
CY2019Q1 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
38181000 USD
CY2019Q3 adt Leased Assets
LeasedAssets
194208000 USD
CY2019Q1 adt Leased Assets
LeasedAssets
165759000 USD
CY2019Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
30851000 USD
CY2019Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
30357000 USD
CY2019Q3 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
28140000 USD
CY2019Q1 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
18343000 USD
CY2019Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
98785000 USD
CY2019Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
99168000 USD
CY2019Q3 us-gaap Finance Lease Liability
FinanceLeaseLiability
51566000 USD
CY2019Q1 us-gaap Finance Lease Liability
FinanceLeaseLiability
31568000 USD
CY2019Q3 adt Lease Liability
LeaseLiability
209342000 USD
CY2019Q1 adt Lease Liability
LeaseLiability
179436000 USD
CY2019Q3 us-gaap Capital Leases Lessee Balance Sheet Assets By Major Class Accumulated Deprecation
CapitalLeasesLesseeBalanceSheetAssetsByMajorClassAccumulatedDeprecation
39000000 USD
CY2019Q1 us-gaap Capital Leases Lessee Balance Sheet Assets By Major Class Accumulated Deprecation
CapitalLeasesLesseeBalanceSheetAssetsByMajorClassAccumulatedDeprecation
32000000 USD
CY2019Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
14618000 USD
us-gaap Operating Lease Cost
OperatingLeaseCost
44691000 USD
CY2019Q3 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
6780000 USD
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
17298000 USD
CY2019Q3 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
1017000 USD
CY2019Q3 us-gaap Variable Lease Cost
VariableLeaseCost
11096000 USD
us-gaap Variable Lease Cost
VariableLeaseCost
35955000 USD
CY2019Q3 us-gaap Lease Cost
LeaseCost
33511000 USD
us-gaap Lease Cost
LeaseCost
100618000 USD
us-gaap Operating Lease Payments
OperatingLeasePayments
45116000 USD
us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
2674000 USD
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
17166000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
49053000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
41307000 USD
CY2019Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P4Y9M18D
CY2019Q3 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P3Y2M12D
CY2019Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0650
CY2019Q3 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.0500

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