2020 Q3 Form 10-Q Financial Statement

#000081979320000023 Filed on October 29, 2020

View on sec.gov

Income Statement

Concept 2020 Q3 2019 Q4 2019 Q3
Revenue $212.0M $257.7M $271.1M
YoY Change -21.8% 2.42% 7.62%
Cost Of Revenue $124.7M $161.0M $167.0M
YoY Change -25.34% 0.56% 4.73%
Gross Profit $87.30M $96.60M $104.1M
YoY Change -16.14% 9.9% 12.67%
Gross Profit Margin 41.18% 37.49% 38.4%
Selling, General & Admin $39.52M $42.00M $39.84M
YoY Change -0.81% 9.09% 2.0%
% of Gross Profit 45.27% 43.48% 38.27%
Research & Development $8.300M $9.200M $8.800M
YoY Change -5.68% -8.91% -12.0%
% of Gross Profit 9.51% 9.52% 8.45%
Depreciation & Amortization $16.29M $17.80M $15.67M
YoY Change 3.91% -3.78% -10.12%
% of Gross Profit 18.65% 18.43% 15.05%
Operating Expenses $39.52M $51.30M $39.84M
YoY Change -0.81% 5.56% 2.0%
Operating Profit $38.77M $45.30M $55.68M
YoY Change -30.36% 15.27% 36.35%
Interest Expense -$2.100M -$3.100M $4.838M
YoY Change -143.41% -58.67% -6.96%
% of Operating Profit -5.42% -6.84% 8.69%
Other Income/Expense, Net $2.745M -$600.0K $1.628M
YoY Change 68.61% -14.29% -48.33%
Pretax Income $39.28M $39.30M $53.32M
YoY Change -26.34% 72.37% 35.45%
Income Tax $9.686M $9.800M $13.19M
% Of Pretax Income 24.66% 24.94% 24.75%
Net Earnings $29.59M $29.10M $40.01M
YoY Change -26.04% 65.34% 44.44%
Net Earnings / Revenue 13.96% 11.29% 14.76%
Basic Earnings Per Share $0.92 $0.91 $1.24
Diluted Earnings Per Share $0.91 $0.91 $1.24
COMMON SHARES
Basic Shares Outstanding 32.34M shares 32.31M shares
Diluted Shares Outstanding 32.34M shares 32.32M shares

Balance Sheet

Concept 2020 Q3 2019 Q4 2019 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $215.3M $195.5M $173.7M
YoY Change 23.95% -1.16% 8.16%
Cash & Equivalents $215.3M $195.5M $173.7M
Short-Term Investments
Other Short-Term Assets $30.50M $24.10M $24.80M
YoY Change 22.98% 13.15% 20.98%
Inventory $113.1M $95.15M $105.7M
Prepaid Expenses
Receivables $210.3M $218.3M $224.2M
Other Receivables $29.70M $24.70M $22.90M
Total Short-Term Assets $680.6M $618.3M $599.9M
YoY Change 13.46% 4.26% 0.63%
LONG-TERM ASSETS
Property, Plant & Equipment $442.5M $466.5M $449.3M
YoY Change -1.52% 0.95% -2.83%
Goodwill $184.3M $180.9M $162.1M
YoY Change 13.7% 10.07%
Intangibles $48.28M $52.89M $44.53M
YoY Change 8.42% 7.49%
Long-Term Investments
YoY Change
Other Assets $60.41M $62.89M $51.49M
YoY Change 17.32% 51.12% -61.08%
Total Long-Term Assets $810.1M $856.0M $804.9M
YoY Change 0.65% 3.77% -5.56%
TOTAL ASSETS
Total Short-Term Assets $680.6M $618.3M $599.9M
Total Long-Term Assets $810.1M $856.0M $804.9M
Total Assets $1.491B $1.474B $1.405B
YoY Change 6.12% 3.98% -3.01%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $46.74M $65.20M $60.99M
YoY Change -23.37% 24.8% 18.67%
Accrued Expenses $119.2M $125.9M $122.7M
YoY Change -2.87% -2.44% -7.16%
Deferred Revenue $7.913M $5.656M $4.713M
YoY Change 67.9% -37.33%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $12.00K $20.00K $20.00K
YoY Change -40.0% -98.37% -98.33%
Total Short-Term Liabilities $178.9M $202.7M $191.5M
YoY Change -6.6% 7.09% -6.79%
LONG-TERM LIABILITIES
Long-Term Debt $418.0M $424.0M $424.0M
YoY Change -1.42% -19.04% -19.85%
Other Long-Term Liabilities $134.9M $132.7M $118.2M
YoY Change 14.18% 50.35% 28.15%
Total Long-Term Liabilities $552.9M $556.7M $542.2M
YoY Change 1.98% -9.03% -12.72%
TOTAL LIABILITIES
Total Short-Term Liabilities $178.9M $202.7M $191.5M
Total Long-Term Liabilities $552.9M $556.7M $542.2M
Total Liabilities $740.8M $771.7M $741.6M
YoY Change -0.11% -4.7% -12.03%
SHAREHOLDERS EQUITY
Retained Earnings $749.7M $698.5M $675.5M
YoY Change 10.98% 18.46%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $256.1M $256.4M $256.4M
YoY Change -0.12% -0.08%
Treasury Stock Shares 8.394M shares 8.409M shares 8.409M shares
Shareholders Equity $746.8M $698.7M $659.5M
YoY Change
Total Liabilities & Shareholders Equity $1.491B $1.474B $1.405B
YoY Change 6.12% 3.98% -3.01%

Cashflow Statement

Concept 2020 Q3 2019 Q4 2019 Q3
OPERATING ACTIVITIES
Net Income $29.59M $29.10M $40.01M
YoY Change -26.04% 65.34% 44.44%
Depreciation, Depletion And Amortization $16.29M $17.80M $15.67M
YoY Change 3.91% -3.78% -10.12%
Cash From Operating Activities $39.66M $73.80M $43.50M
YoY Change -8.82% 3.94% -2.72%
INVESTING ACTIVITIES
Capital Expenditures $9.349M -$18.80M $13.44M
YoY Change -30.45% -15.32% -37.31%
Acquisitions
YoY Change
Other Investing Activities -$30.80M
YoY Change
Cash From Investing Activities -$9.458M -$49.50M -$13.70M
YoY Change -30.96% 122.97% -36.34%
FINANCING ACTIVITIES
Cash Dividend Paid $6.144M $5.814M
YoY Change 5.68% 6.0%
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$23.48M -6.100M -$64.09M
YoY Change -63.36% -43.52% 396.63%
NET CHANGE
Cash From Operating Activities $39.66M 73.80M $43.50M
Cash From Investing Activities -$9.458M -49.50M -$13.70M
Cash From Financing Activities -$23.48M -6.100M -$64.09M
Net Change In Cash $11.27M 18.20M -$41.49M
YoY Change -127.15% -52.11% -503.17%
FREE CASH FLOW
Cash From Operating Activities $39.66M $73.80M $43.50M
Capital Expenditures $9.349M -$18.80M $13.44M
Free Cash Flow $30.31M $92.60M $30.06M
YoY Change 0.85% -0.64% 29.14%

Facts In Submission

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CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
215304000 USD
CY2019Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
173739000 USD
CY2020Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
211999000 USD
CY2019Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
271133000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
673753000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
796454000 USD
CY2020Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
38773000 USD
CY2019Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
55678000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
131094000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
149996000 USD
CY2020Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
39276000 USD
CY2019Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
53319000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
107137000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
138867000 USD
CY2020Q3 us-gaap Restructuring Charges
RestructuringCharges
710000 USD
CY2019Q3 us-gaap Restructuring Charges
RestructuringCharges
-244000 USD
us-gaap Restructuring Charges
RestructuringCharges
4189000 USD
us-gaap Restructuring Charges
RestructuringCharges
1139000 USD
CY2020Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
211999000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
673753000 USD
CY2019Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
271133000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
796454000 USD
CY2020Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
81000000 USD
CY2020Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
36000000 USD
CY2020Q3 us-gaap Defined Benefit Plan Recognized Net Gain Loss Due To Settlements And Curtailments1
DefinedBenefitPlanRecognizedNetGainLossDueToSettlementsAndCurtailments1
-400000 USD
us-gaap Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
13300000 USD
CY2020Q3 us-gaap Restructuring Charges
RestructuringCharges
710000 USD
CY2019Q3 us-gaap Restructuring Charges
RestructuringCharges
-244000 USD
us-gaap Restructuring Charges
RestructuringCharges
4189000 USD
us-gaap Restructuring Charges
RestructuringCharges
1139000 USD
us-gaap Restructuring Charges
RestructuringCharges
4189000 USD
us-gaap Restructuring Charges
RestructuringCharges
1139000 USD
CY2020Q3 us-gaap Restructuring Reserve Current
RestructuringReserveCurrent
2800000 USD
CY2020Q3 us-gaap Restructuring Reserve Noncurrent
RestructuringReserveNoncurrent
300000 USD
CY2020Q3 ain Other Income Expense Foreign Currency Transaction Gain Loss
OtherIncomeExpenseForeignCurrencyTransactionGainLoss
148000 USD
CY2019Q3 ain Other Income Expense Foreign Currency Transaction Gain Loss
OtherIncomeExpenseForeignCurrencyTransactionGainLoss
2028000 USD
ain Other Income Expense Foreign Currency Transaction Gain Loss
OtherIncomeExpenseForeignCurrencyTransactionGainLoss
-14702000 USD
ain Other Income Expense Foreign Currency Transaction Gain Loss
OtherIncomeExpenseForeignCurrencyTransactionGainLoss
3724000 USD
CY2020Q3 ain Bank Fees And Amortization Of Debt Issuance Costs
BankFeesAndAmortizationOfDebtIssuanceCosts
96000 USD
CY2019Q3 ain Bank Fees And Amortization Of Debt Issuance Costs
BankFeesAndAmortizationOfDebtIssuanceCosts
81000 USD
ain Bank Fees And Amortization Of Debt Issuance Costs
BankFeesAndAmortizationOfDebtIssuanceCosts
264000 USD
ain Bank Fees And Amortization Of Debt Issuance Costs
BankFeesAndAmortizationOfDebtIssuanceCosts
262000 USD
CY2020Q3 ain Components Of Net Periodic Pension And Postretirement Cost Other Than Service
ComponentsOfNetPeriodicPensionAndPostretirementCostOtherThanService
384000 USD
CY2019Q3 ain Components Of Net Periodic Pension And Postretirement Cost Other Than Service
ComponentsOfNetPeriodicPensionAndPostretirementCostOtherThanService
278000 USD
ain Components Of Net Periodic Pension And Postretirement Cost Other Than Service
ComponentsOfNetPeriodicPensionAndPostretirementCostOtherThanService
1523000 USD
ain Components Of Net Periodic Pension And Postretirement Cost Other Than Service
ComponentsOfNetPeriodicPensionAndPostretirementCostOtherThanService
840000 USD
CY2020Q3 ain Other Income Expense
OtherIncomeExpense
3077000 USD
CY2019Q3 ain Other Income Expense
OtherIncomeExpense
-41000 USD
ain Other Income Expense
OtherIncomeExpense
2574000 USD
ain Other Income Expense
OtherIncomeExpense
-716000 USD
CY2020Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
2745000 USD
CY2019Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
1628000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-13915000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
1906000 USD
CY2020Q1 us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
-14800000 USD
CY2020Q3 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
600000 USD
CY2020Q2 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-600000 USD
CY2019Q3 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
3700000 USD
ain Other Income Expense
OtherIncomeExpense
2600000 USD
CY2020Q3 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
12666000 USD
CY2019Q3 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
14662000 USD
us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
34550000 USD
us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
38256000 USD
CY2020Q3 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
-1196000 USD
CY2019Q3 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
-692000 USD
us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
0 USD
us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
0 USD
CY2020Q3 ain Income Tax Benefit From Continuing Operations Before Discrete Items
IncomeTaxBenefitFromContinuingOperationsBeforeDiscreteItems
11470000 USD
CY2020Q3 us-gaap Income Tax Reconciliation Tax Contingencies
IncomeTaxReconciliationTaxContingencies
-46000 USD
CY2019Q3 ain Income Tax Benefit From Continuing Operations Before Discrete Items
IncomeTaxBenefitFromContinuingOperationsBeforeDiscreteItems
13970000 USD
ain Income Tax Benefit From Continuing Operations Before Discrete Items
IncomeTaxBenefitFromContinuingOperationsBeforeDiscreteItems
34550000 USD
ain Income Tax Benefit From Continuing Operations Before Discrete Items
IncomeTaxBenefitFromContinuingOperationsBeforeDiscreteItems
38256000 USD
CY2020Q3 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
-7000 USD
CY2019Q3 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
-55000 USD
us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
-7000 USD
us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
-111000 USD
CY2020Q3 us-gaap Income Tax Reconciliation Prior Year Income Taxes
IncomeTaxReconciliationPriorYearIncomeTaxes
-1750000 USD
CY2019Q3 us-gaap Income Tax Reconciliation Prior Year Income Taxes
IncomeTaxReconciliationPriorYearIncomeTaxes
-160000 USD
us-gaap Income Tax Reconciliation Prior Year Income Taxes
IncomeTaxReconciliationPriorYearIncomeTaxes
-983000 USD
us-gaap Income Tax Reconciliation Prior Year Income Taxes
IncomeTaxReconciliationPriorYearIncomeTaxes
187000 USD
CY2019Q3 us-gaap Income Tax Reconciliation Tax Contingencies
IncomeTaxReconciliationTaxContingencies
-558000 USD
us-gaap Income Tax Reconciliation Tax Contingencies
IncomeTaxReconciliationTaxContingencies
-1779000 USD
us-gaap Income Tax Reconciliation Tax Contingencies
IncomeTaxReconciliationTaxContingencies
-2785000 USD
CY2020Q3 ain Out Of Period Adjustments To Deferred Tax Assets
OutOfPeriodAdjustmentsToDeferredTaxAssets
0 USD
CY2019Q3 ain Out Of Period Adjustments To Deferred Tax Assets
OutOfPeriodAdjustmentsToDeferredTaxAssets
0 USD
ain Out Of Period Adjustments To Deferred Tax Assets
OutOfPeriodAdjustmentsToDeferredTaxAssets
1830000 USD
ain Out Of Period Adjustments To Deferred Tax Assets
OutOfPeriodAdjustmentsToDeferredTaxAssets
-1366000 USD
CY2020Q3 ain Tax Effect Of Non Deductible Foreign Exchange Loss On Intercompany Loan
TaxEffectOfNonDeductibleForeignExchangeLossOnIntercompanyLoan
3000 USD
CY2019Q3 ain Tax Effect Of Non Deductible Foreign Exchange Loss On Intercompany Loan
TaxEffectOfNonDeductibleForeignExchangeLossOnIntercompanyLoan
0 USD
ain Tax Effect Of Non Deductible Foreign Exchange Loss On Intercompany Loan
TaxEffectOfNonDeductibleForeignExchangeLossOnIntercompanyLoan
3658000 USD
ain Tax Effect Of Non Deductible Foreign Exchange Loss On Intercompany Loan
TaxEffectOfNonDeductibleForeignExchangeLossOnIntercompanyLoan
0 USD
CY2020Q3 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
8000 USD
CY2019Q3 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
-11000 USD
us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
230000 USD
us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
830000 USD
CY2020Q3 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
8000 USD
CY2019Q3 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
8000 USD
us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
5000 USD
us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
64000 USD
CY2020Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
9686000 USD
CY2019Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
13194000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
37504000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
35075000 USD
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.322
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.275
us-gaap Foreign Earnings Repatriated
ForeignEarningsRepatriated
156400000 USD
us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
2800000 USD
us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
2600000 USD
CY2020Q1 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
1800000 USD
CY2020Q2 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
1500000 USD
us-gaap Income Tax Reconciliation Prior Year Income Taxes
IncomeTaxReconciliationPriorYearIncomeTaxes
-1000000.0 USD
CY2020Q3 us-gaap Income Tax Reconciliation Prior Year Income Taxes
IncomeTaxReconciliationPriorYearIncomeTaxes
-1800000 USD
CY2020Q2 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
1000000.0 USD
CY2020Q3 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
200000 USD
CY2020Q1 us-gaap Other Tax Expense Benefit
OtherTaxExpenseBenefit
3700000 USD
CY2020Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
32344000 shares
CY2020Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
29589000 USD
CY2019Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
40009000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
71052000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
103253000 USD
CY2020Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
32337000 shares
CY2019Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
32306000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
32326000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
32293000 shares
CY2020Q3 ain Incremental Common Shares Attributable To Stock Options
IncrementalCommonSharesAttributableToStockOptions
7000 shares
CY2019Q3 ain Incremental Common Shares Attributable To Stock Options
IncrementalCommonSharesAttributableToStockOptions
11000 shares
ain Incremental Common Shares Attributable To Stock Options
IncrementalCommonSharesAttributableToStockOptions
7000 shares
ain Incremental Common Shares Attributable To Stock Options
IncrementalCommonSharesAttributableToStockOptions
12000 shares
CY2019Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
32317000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
32333000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
32305000 shares
CY2020Q3 ain Average Market Price Of Common Stock Used For Calculation Of Dilutive Shares
AverageMarketPriceOfCommonStockUsedForCalculationOfDilutiveShares
51.81
CY2019Q3 ain Average Market Price Of Common Stock Used For Calculation Of Dilutive Shares
AverageMarketPriceOfCommonStockUsedForCalculationOfDilutiveShares
82.99
ain Average Market Price Of Common Stock Used For Calculation Of Dilutive Shares
AverageMarketPriceOfCommonStockUsedForCalculationOfDilutiveShares
57.05
ain Average Market Price Of Common Stock Used For Calculation Of Dilutive Shares
AverageMarketPriceOfCommonStockUsedForCalculationOfDilutiveShares
76.45
CY2020Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.92
CY2019Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.24
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.20
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.20
CY2020Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.91
CY2019Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.24
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.20
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.20
CY2020Q3 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
191035000 USD
CY2019Q4 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
201427000 USD
CY2020Q3 us-gaap Other Receivables Gross Current
OtherReceivablesGrossCurrent
23169000 USD
CY2019Q4 us-gaap Other Receivables Gross Current
OtherReceivablesGrossCurrent
18563000 USD
CY2020Q3 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
3878000 USD
CY2019Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
1719000 USD
CY2020Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
210326000 USD
CY2019Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
218271000 USD
CY2020Q3 us-gaap Construction Contractor Receivable To Be Collected After Year One Interest Rate
ConstructionContractorReceivableToBeCollectedAfterYearOneInterestRate
0.02
ain Noncurrent Receivables Invoice Terms
NoncurrentReceivablesInvoiceTerms
over a 10-year
CY2020Q3 us-gaap Accounts Receivable Gross Noncurrent
AccountsReceivableGrossNoncurrent
36611000 USD
CY2019Q4 us-gaap Accounts Receivable Gross Noncurrent
AccountsReceivableGrossNoncurrent
41234000 USD
CY2020Q3 us-gaap Allowance For Doubtful Accounts Receivable Noncurrent
AllowanceForDoubtfulAccountsReceivableNoncurrent
383000 USD
CY2019Q4 us-gaap Allowance For Doubtful Accounts Receivable Noncurrent
AllowanceForDoubtfulAccountsReceivableNoncurrent
0 USD
CY2020Q3 us-gaap Accounts Receivable Net Noncurrent
AccountsReceivableNetNoncurrent
36228000 USD
CY2019Q4 us-gaap Accounts Receivable Net Noncurrent
AccountsReceivableNetNoncurrent
41234000 USD
CY2019Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
1719000 USD
us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
1097000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
50000 USD
CY2020Q3 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
7913000 USD
us-gaap Allowance For Doubtful Accounts Receivable Period Increase Decrease
AllowanceForDoubtfulAccountsReceivablePeriodIncreaseDecrease
71000 USD
CY2020Q3 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
3878000 USD
CY2019Q4 us-gaap Allowance For Doubtful Accounts Receivable Noncurrent
AllowanceForDoubtfulAccountsReceivableNoncurrent
0 USD
ain Accounts Receivable Allowance For Credit Loss Writeoff Noncurrent
AccountsReceivableAllowanceForCreditLossWriteoffNoncurrent
185000 USD
ain Accounts Receivable Credit Loss Expense Reversal Noncurrent
AccountsReceivableCreditLossExpenseReversalNoncurrent
8000 USD
ain Accounts Receivable Allowance For Credit Loss Period Increase Decrease Noncurrent
AccountsReceivableAllowanceForCreditLossPeriodIncreaseDecreaseNoncurrent
0 USD
CY2020Q3 us-gaap Allowance For Doubtful Accounts Receivable Noncurrent
AllowanceForDoubtfulAccountsReceivableNoncurrent
383000 USD
ain Contract Assets And Liabilities Disclosure
ContractAssetsAndLiabilitiesDisclosure
Contract Assets and Liabilities<div style="margin-top:6pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Contract assets includes unbilled amounts typically resulting from sales under contracts when the cost-to-cost method of revenue recognition is utilized, and revenue recognized exceeds the amount billed to the customer. Contract assets are transferred to Accounts receivable, net when the entitlement to pay becomes unconditional. Contract liabilities include advance payments and billings in excess of revenue recognized. Contract liabilities are included in Accrued liabilities in the Consolidated Balance Sheets.</span></div><div style="margin-top:6pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Contract assets and Contract liabilities are reported on the Consolidated Balance Sheets in a net position on a contract-by-contract basis at the end of each reporting period.</span></div><div style="margin-top:6pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">As of September 30, 2020 and December 31, 2019, Contract assets and Contract liabilities consisted of the following:</span></div><div style="margin-bottom:5pt;margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:100.000%"><tr><td style="width:1.0%"/><td style="width:75.911%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.394%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.395%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(in thousands)</span></div></td><td colspan="3" style="border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:700;line-height:100%">September 30,<br/>2020</span></td><td colspan="3" style="border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:700;line-height:100%">December 31,<br/>2019</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Contract assets</span></div></td><td style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:100%">$</span></td><td style="border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:100%">105,626</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%"> </span></td><td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">79,070 </span></td><td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Allowance for expected credit losses</span></div></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:100%">(773)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Contract assets, net</span></div></td><td style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:100%">$</span></td><td style="border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:100%">104,853</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%"> </span></td><td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">79,070 </span></td><td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr style="height:14pt"><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Contract liabilities</span></div></td><td style="border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:100%">$</span></td><td style="border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:700;line-height:100%">7,913</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%"> </span></td><td style="border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td style="border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5,656 </span></td><td style="border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-top:6pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Contract assets increased $25.8 million during the nine-month period ended September 30, 2020. The increase was primarily due to an increase in unbilled revenue related to the satisfaction of performance obligations, in excess of the amounts billed to customers for contracts that were in a contract asset position. There were no impairment losses related to our Contract assets during the nine month periods ended September 30, 2020 and 2019.</span></div><div style="margin-top:6pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">As described in Notes 1 and 11, effective January 1, 2020, the Company adopted the provisions of ASC 326, </span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Current Expected Credit Losses (CECL).</span></div><div style="margin-top:12pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The following table presents the year-to-date (increases)/ decreases in the allowance for credit losses for Contract assets:</span></div><div style="margin-bottom:5pt;margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:100.000%"><tr><td style="width:1.0%"/><td style="width:35.394%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.250%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.250%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.526%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.250%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.377%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.253%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:700;line-height:120%">(in thousands)</span></div></td><td colspan="3" style="border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:700;line-height:100%">December 31,<br/>2019</span></td><td colspan="3" style="border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:700;line-height:120%">CECL</span></div><div style="text-align:center"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:700;line-height:120%">transition</span></div><div style="text-align:center"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:700;line-height:120%">adjustment</span></div></td><td colspan="3" style="border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Charges</span></div></td><td colspan="3" style="border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Currency</span></div><div style="text-align:center"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:700;line-height:120%">translation</span></div></td><td colspan="3" style="border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Other</span></div></td><td colspan="3" style="border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:8pt;font-weight:700;line-height:100%">September 30,<br/>2020</span></td></tr><tr style="height:6pt"><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"/></tr><tr><td colspan="3" style="border-bottom:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Contract assets expected credit losses</span></td><td style="border-bottom:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">— </span></td><td style="border-bottom:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td style="border-bottom:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(403)</span></td><td style="border-bottom:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td style="border-bottom:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(382)</span></td><td style="border-bottom:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td style="border-bottom:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4 </span></td><td style="border-bottom:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td style="border-bottom:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">8 </span></td><td style="border-bottom:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td style="border-bottom:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(773)</span></td><td style="border-bottom:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-top:6pt;text-align:justify;text-indent:18pt"><span><br/></span></div><div style="margin-top:6pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Contract liabilities increased $2.3 million during the nine-month period ended September 30, 2020, primarily due to increased billings in excess of revenue recognized from satisfied performance obligations for contracts that were in a contract liability position. Revenue recognized for the nine-month periods ended September 30, 2020 and 2019 that was included in the Contract liability balance at the beginning of the year was $3.5 million and $6.1 million, respectively.</span></div>
CY2020Q3 us-gaap Contract With Customer Asset Gross Current
ContractWithCustomerAssetGrossCurrent
105626000 USD
CY2019Q4 us-gaap Contract With Customer Asset Gross Current
ContractWithCustomerAssetGrossCurrent
79070000 USD
CY2020Q3 us-gaap Contract With Customer Asset Accumulated Allowance For Credit Loss Current
ContractWithCustomerAssetAccumulatedAllowanceForCreditLossCurrent
773000 USD
CY2019Q4 us-gaap Contract With Customer Asset Accumulated Allowance For Credit Loss Current
ContractWithCustomerAssetAccumulatedAllowanceForCreditLossCurrent
0 USD
CY2020Q3 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
104853000 USD
CY2019Q4 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
79070000 USD
CY2019Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
5656000 USD
ain Contract With Customer Asset Period Increase Decrease
ContractWithCustomerAssetPeriodIncreaseDecrease
25800000 USD
us-gaap Contract With Customer Asset Credit Loss Expense
ContractWithCustomerAssetCreditLossExpense
0 USD
us-gaap Contract With Customer Asset Credit Loss Expense
ContractWithCustomerAssetCreditLossExpense
0 USD
CY2019Q4 us-gaap Contract With Customer Asset Accumulated Allowance For Credit Loss Current
ContractWithCustomerAssetAccumulatedAllowanceForCreditLossCurrent
0 USD
ain Contract With Customer Asset Charges
ContractWithCustomerAssetCharges
-382000 USD
ain Contract With Customer Asset Accumulated Allowance For Credit Loss Current Currency Translation
ContractWithCustomerAssetAccumulatedAllowanceForCreditLossCurrentCurrencyTranslation
4000 USD
ain Contract With Customer Asset Accumulated Allowance For Credit Loss Current Other
ContractWithCustomerAssetAccumulatedAllowanceForCreditLossCurrentOther
8000 USD
CY2020Q3 us-gaap Contract With Customer Asset Accumulated Allowance For Credit Loss Current
ContractWithCustomerAssetAccumulatedAllowanceForCreditLossCurrent
773000 USD
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
2300000 USD
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
3500000 USD
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
6100000 USD
CY2020Q3 us-gaap Inventory Raw Materials
InventoryRawMaterials
65117000 USD
CY2019Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
52960000 USD
CY2020Q3 us-gaap Inventory Work In Process
InventoryWorkInProcess
35207000 USD
CY2019Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
31744000 USD
CY2020Q3 us-gaap Inventory Finished Goods
InventoryFinishedGoods
12783000 USD
CY2019Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
10445000 USD
CY2020Q3 us-gaap Inventory Net
InventoryNet
113107000 USD
CY2019Q4 us-gaap Inventory Net
InventoryNet
95149000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
77536000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
29255000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
48281000 USD
CY2020Q3 us-gaap Intangible Assets Current
IntangibleAssetsCurrent
184287000 USD
CY2020Q3 ain Goodwill Accumulated Amortization
GoodwillAccumulatedAmortization
0 USD
CY2020Q3 us-gaap Goodwill
Goodwill
184287000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
76697000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
23805000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
52892000 USD
CY2019Q4 us-gaap Intangible Assets Current
IntangibleAssetsCurrent
180934000 USD
CY2019Q4 ain Goodwill Accumulated Amortization
GoodwillAccumulatedAmortization
0 USD
CY2019Q4 us-gaap Goodwill
Goodwill
180934000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
52892000 USD
us-gaap Finite Lived Intangible Assets Period Increase Decrease
FiniteLivedIntangibleAssetsPeriodIncreaseDecrease
329000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
5412000 USD
us-gaap Finite Lived Intangible Assets Foreign Currency Translation Gain Loss
FiniteLivedIntangibleAssetsForeignCurrencyTranslationGainLoss
472000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
48281000 USD
CY2019Q4 us-gaap Goodwill
Goodwill
180934000 USD
us-gaap Goodwill Other Increase Decrease
GoodwillOtherIncreaseDecrease
335000 USD
ain Goodwill Amortization
GoodwillAmortization
0 USD
us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
3018000 USD
CY2020Q3 us-gaap Goodwill
Goodwill
184287000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
7200000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
7100000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
4900000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
4200000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
4200000 USD
CY2020Q3 us-gaap Long Term Debt
LongTermDebt
418012000 USD
CY2019Q4 us-gaap Long Term Debt
LongTermDebt
424029000 USD
CY2020Q3 us-gaap Long Term Debt Current
LongTermDebtCurrent
12000 USD
CY2019Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
20000 USD
CY2020Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
418000000 USD
CY2019Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
424009000 USD
CY2020Q3 us-gaap Equity Securities Fv Ni Cost
EquitySecuritiesFvNiCost
500000 USD
CY2019Q4 us-gaap Equity Securities Fv Ni Cost
EquitySecuritiesFvNiCost
500000 USD
CY2020Q3 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
0 USD
CY2019Q3 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
0 USD
us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-64000 USD
us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
0 USD
CY2019Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
702689000 USD
CY2020Q1 us-gaap Profit Loss
ProfitLoss
7594000 USD
CY2020Q1 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
-682000 USD
CY2020Q1 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
0 USD
CY2020Q1 us-gaap Dividends
Dividends
5834000 USD
CY2020Q1 us-gaap Dividends Common Stock
DividendsCommonStock
307000 USD
CY2020Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-25638000 USD
CY2020Q1 us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
-890000 USD
CY2020Q1 us-gaap Other Comprehensive Income Loss Derivative Excluded Component Increase Decrease After Adjustments And Tax Parent
OtherComprehensiveIncomeLossDerivativeExcludedComponentIncreaseDecreaseAfterAdjustmentsAndTaxParent
-7708000 USD
CY2020Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
669561000 USD
CY2020Q2 us-gaap Profit Loss
ProfitLoss
32449000 USD
CY2020Q2 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
783000 USD
CY2020Q2 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
20000 USD
CY2020Q2 us-gaap Stock Issued During Period Value Other
StockIssuedDuringPeriodValueOther
416000 USD
CY2020Q2 us-gaap Dividends
Dividends
5835000 USD
CY2020Q2 us-gaap Dividends Common Stock
DividendsCommonStock
307000 USD
CY2020Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
9116000 USD
CY2020Q2 us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
-142000 USD
CY2020Q2 us-gaap Other Comprehensive Income Loss Derivative Excluded Component Increase Decrease After Adjustments And Tax Parent
OtherComprehensiveIncomeLossDerivativeExcludedComponentIncreaseDecreaseAfterAdjustmentsAndTaxParent
-187000 USD
CY2020Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
706158000 USD
CY2020Q3 us-gaap Profit Loss
ProfitLoss
29590000 USD
CY2020Q3 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
80000 USD
CY2020Q3 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
5000 USD
CY2020Q3 us-gaap Dividends
Dividends
5837000 USD
CY2020Q3 us-gaap Dividends Common Stock
DividendsCommonStock
307000 USD
CY2020Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
20022000 USD
CY2020Q3 us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
474000 USD
CY2020Q3 us-gaap Other Comprehensive Income Loss Derivative Excluded Component Increase Decrease After Adjustments And Tax Parent
OtherComprehensiveIncomeLossDerivativeExcludedComponentIncreaseDecreaseAfterAdjustmentsAndTaxParent
621000 USD
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5231000 USD
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1487000 USD
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626407000 USD
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34259000 USD
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40000 USD
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291000 USD
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CY2019Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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663081000 USD

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