2015 Q3 Form 10-Q Financial Statement

#000154565415000042 Filed on November 06, 2015

View on sec.gov

Income Statement

Concept 2015 Q3 2014 Q3
Revenue $109.5M $153.4M
YoY Change -28.62% 136.36%
Cost Of Revenue $49.80M $52.70M
YoY Change -5.5% 53.2%
Gross Profit $59.70M $100.7M
YoY Change -40.71% 230.16%
Gross Profit Margin 54.52% 65.65%
Selling, General & Admin $12.60M $12.10M
YoY Change 4.13% 26.04%
% of Gross Profit 21.11% 12.02%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $12.60M $12.10M
YoY Change 4.13% 26.04%
Operating Profit $14.10M $15.60M
YoY Change -9.62% 271.43%
Interest Expense $6.500M $7.200M
YoY Change -9.72% 71.43%
% of Operating Profit 46.1% 46.15%
Other Income/Expense, Net -$100.0K -$15.10M
YoY Change -99.34% -1261.54%
Pretax Income $16.40M -$4.100M
YoY Change -500.0% 20.59%
Income Tax $6.100M -$14.90M
% Of Pretax Income 37.2%
Net Earnings $6.700M $10.20M
YoY Change -34.31% 148.78%
Net Earnings / Revenue 6.12% 6.65%
Basic Earnings Per Share $0.11 $0.21
Diluted Earnings Per Share $0.12 $0.21
COMMON SHARES
Basic Shares Outstanding 48.90M shares 48.80M shares
Diluted Shares Outstanding 49.30M shares 49.30M shares

Balance Sheet

Concept 2015 Q3 2014 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $4.100M $9.200M
YoY Change -55.43% 124.39%
Cash & Equivalents $4.100M $9.200M
Short-Term Investments
Other Short-Term Assets $41.80M $50.50M
YoY Change -17.23% 20.24%
Inventory $66.20M $81.00M
Prepaid Expenses
Receivables $36.60M $29.40M
Other Receivables $4.200M $4.900M
Total Short-Term Assets $152.9M $175.0M
YoY Change -12.63% 16.9%
LONG-TERM ASSETS
Property, Plant & Equipment $1.289B $1.264B
YoY Change 2.0% 25.2%
Goodwill $102.3M $102.9M
YoY Change -0.58% 1018.48%
Intangibles $56.50M $64.30M
YoY Change -12.13%
Long-Term Investments $413.6M $348.6M
YoY Change 18.65% 6.54%
Other Assets $50.10M $86.40M
YoY Change -42.01% -16.36%
Total Long-Term Assets $2.093B $2.120B
YoY Change -1.3% 25.05%
TOTAL ASSETS
Total Short-Term Assets $152.9M $175.0M
Total Long-Term Assets $2.093B $2.120B
Total Assets $2.246B $2.295B
YoY Change -2.17% 24.39%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $30.10M $37.10M
YoY Change -18.87% 62.01%
Accrued Expenses $36.30M $36.30M
YoY Change 0.0% 31.05%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $47.70M $46.90M
YoY Change 1.71% 74.35%
Total Short-Term Liabilities $127.1M $149.3M
YoY Change -14.87% 70.63%
LONG-TERM LIABILITIES
Long-Term Debt $546.7M $637.9M
YoY Change -14.3% 8.62%
Other Long-Term Liabilities $52.00M $52.80M
YoY Change -1.52% 94.12%
Total Long-Term Liabilities $862.8M $916.3M
YoY Change -5.84% 11.3%
TOTAL LIABILITIES
Total Short-Term Liabilities $127.1M $149.3M
Total Long-Term Liabilities $862.8M $916.3M
Total Liabilities $989.9M $1.066B
YoY Change -7.1% 17.0%
SHAREHOLDERS EQUITY
Retained Earnings $134.1M $99.30M
YoY Change 35.05% 175.83%
Common Stock $1.150B $1.147B
YoY Change 0.25% 21.56%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.242B $1.219B
YoY Change
Total Liabilities & Shareholders Equity $2.246B $2.295B
YoY Change -2.17% 24.39%

Cashflow Statement

Concept 2015 Q3 2014 Q3
OPERATING ACTIVITIES
Net Income $6.700M $10.20M
YoY Change -34.31% 148.78%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities $45.90M $23.90M
YoY Change 92.05% -125.81%
INVESTING ACTIVITIES
Capital Expenditures -$14.50M -$7.600M
YoY Change 90.79% -88.22%
Acquisitions
YoY Change
Other Investing Activities -$4.000M -$20.40M
YoY Change -80.39% -35.65%
Cash From Investing Activities -$18.50M -$28.00M
YoY Change -33.93% -70.89%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -25.60M 7.100M
YoY Change -460.56% -96.31%
NET CHANGE
Cash From Operating Activities 45.90M 23.90M
Cash From Investing Activities -18.50M -28.00M
Cash From Financing Activities -25.60M 7.100M
Net Change In Cash 1.800M 3.000M
YoY Change -40.0% -11.76%
FREE CASH FLOW
Cash From Operating Activities $45.90M $23.90M
Capital Expenditures -$14.50M -$7.600M
Free Cash Flow $60.40M $31.50M
YoY Change 91.75% -212.1%

Facts In Submission

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IncomeLossFromDiscontinuedOperationsNetOfTax
0 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
34300000 USD
CY2015Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
0 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
0 USD
CY2014Q3 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
0.71
CY2015Q3 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
0.00
CY2014Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
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0.00
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.70
CY2015Q3 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
0.00
CY2014Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
1500000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
300000 USD
CY2015Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
2900000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
30700000 USD
us-gaap Income Loss Including Portion Attributable To Noncontrolling Interest
IncomeLossIncludingPortionAttributableToNoncontrollingInterest
56400000 USD
us-gaap Income Loss Including Portion Attributable To Noncontrolling Interest
IncomeLossIncludingPortionAttributableToNoncontrollingInterest
43000000 USD
CY2014Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-14900000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-7600000 USD
CY2015Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3800000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
26400000 USD
CY2014Q1 us-gaap Income Tax Reconciliation Prior Year Income Taxes
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1600000 USD
us-gaap Income Taxes Paid Net
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12600000 USD
CY2015Q3 us-gaap Interest Expense
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6500000 USD
us-gaap Interest Expense
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21600000 USD
CY2015Q3 us-gaap Liabilities And Stockholders Equity
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2245500000 USD
CY2014Q4 us-gaap Liabilities Current
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183000000 USD
CY2014Q4 us-gaap Income Taxes Receivable
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6700000 USD
CY2015Q3 us-gaap Income Taxes Receivable
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4200000 USD
us-gaap Increase Decrease In Restricted Cash
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15200000 USD
us-gaap Increase Decrease In Restricted Cash
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2700000 USD
CY2014Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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500000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
500000 shares
CY2015Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
500000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
500000 shares
CY2014Q4 us-gaap Intangible Assets Net Excluding Goodwill
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63900000 USD
CY2015Q3 us-gaap Intangible Assets Net Excluding Goodwill
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56500000 USD
CY2014Q3 us-gaap Interest Expense
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7200000 USD
us-gaap Interest Expense
InterestExpense
20200000 USD
us-gaap Interest Paid Net
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24700000 USD
us-gaap Interest Paid Net
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23300000 USD
CY2014Q4 us-gaap Interest Payable Current
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5700000 USD
CY2015Q3 us-gaap Interest Payable Current
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3100000 USD
CY2014Q4 us-gaap Inventory Net
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81900000 USD
CY2015Q3 us-gaap Inventory Net
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66200000 USD
CY2014Q4 us-gaap Inventory Real Estate
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2500000 USD
CY2015Q3 us-gaap Inventory Real Estate
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700000 USD
CY2014Q4 us-gaap Inventory Real Estate Land And Land Development Costs
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224000000 USD
CY2015Q3 us-gaap Inventory Real Estate Land And Land Development Costs
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181200000 USD
CY2014Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
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418600000 USD
CY2015Q3 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
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413600000 USD
CY2014Q4 us-gaap Liabilities And Stockholders Equity
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2329900000 USD
CY2015Q3 us-gaap Liabilities Current
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127100000 USD
CY2014Q4 us-gaap Liabilities Noncurrent
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932100000 USD
CY2015Q3 us-gaap Liabilities Noncurrent
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862800000 USD
CY2014Q4 us-gaap Long Term Debt
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705600000 USD
CY2015Q3 us-gaap Long Term Debt
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594200000 USD
CY2014Q4 us-gaap Long Term Debt Current
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74500000 USD
CY2015Q3 us-gaap Long Term Debt Current
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47700000 USD
CY2014Q4 us-gaap Long Term Debt Noncurrent
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631500000 USD
CY2015Q3 us-gaap Long Term Debt Noncurrent
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546700000 USD
CY2014Q4 us-gaap Minority Interest
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10900000 USD
CY2015Q3 us-gaap Minority Interest
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3600000 USD
CY2015Q3 us-gaap Minority Interest Ownership Percentage By Parent
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0.70
us-gaap Net Cash Provided By Used In Financing Activities
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-30800000 USD
us-gaap Net Cash Provided By Used In Financing Activities
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-120500000 USD
us-gaap Net Cash Provided By Used In Investing Activities
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33400000 USD
us-gaap Net Cash Provided By Used In Investing Activities
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6500000 USD
us-gaap Payments Of Dividends Minority Interest
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0 USD
us-gaap Payments Of Dividends Minority Interest
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1100000 USD
us-gaap Net Cash Provided By Used In Operating Activities
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115300000 USD
us-gaap Net Cash Provided By Used In Operating Activities
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3300000 USD
CY2014Q3 us-gaap Net Income Loss
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10200000 USD
us-gaap Other Comprehensive Income Defined Benefit Plans Tax Portion Attributable To Parent
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-1400000 USD
CY2015Q3 us-gaap Other Comprehensive Income Defined Benefit Plans Tax Portion Attributable To Parent
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-500000 USD
us-gaap Net Income Loss
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54400000 USD
CY2015Q3 us-gaap Net Income Loss
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6700000 USD
us-gaap Net Income Loss
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41800000 USD
us-gaap Number Of Operating Segments
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4 Segment
CY2014Q3 us-gaap Operating Income Loss
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15600000 USD
us-gaap Operating Income Loss
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48300000 USD
CY2015Q3 us-gaap Operating Income Loss
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14100000 USD
us-gaap Operating Income Loss
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59800000 USD
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43500000 USD
CY2015Q3 us-gaap Other Assets Noncurrent
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50100000 USD
CY2014Q3 us-gaap Other Comprehensive Income Defined Benefit Plans Tax Portion Attributable To Parent
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-300000 USD
us-gaap Other Comprehensive Income Defined Benefit Plans Tax Portion Attributable To Parent
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-1400000 USD
CY2014Q3 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Before Tax
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-400000 USD
us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Before Tax
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-1000000 USD
CY2015Q3 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Before Tax
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-400000 USD
us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Before Tax
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-1000000 USD
CY2014Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
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400000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
2100000 USD
CY2015Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
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900000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
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2200000 USD
CY2014Q3 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Reclassification Adjustments And Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsAndTax
0 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Reclassification Adjustments And Tax
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CY2015Q3 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Reclassification Adjustments And Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsAndTax
0 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Reclassification Adjustments And Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsAndTax
800000 USD
CY2014Q3 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax
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us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax
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CY2015Q3 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax
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us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax
-3600000 USD
CY2014Q3 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Net Unamortized Gain Loss Arising During Period Before Tax
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0 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Net Unamortized Gain Loss Arising During Period Before Tax
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1200000 USD
CY2015Q3 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Net Unamortized Gain Loss Arising During Period Before Tax
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0 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Net Unamortized Gain Loss Arising During Period Before Tax
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CY2014Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax
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us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax
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CY2015Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax
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us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax
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us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
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CY2014Q3 us-gaap Other Comprehensive Income Loss Tax
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300000 USD
us-gaap Other Comprehensive Income Loss Tax
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1400000 USD
CY2015Q3 us-gaap Other Comprehensive Income Loss Tax
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500000 USD
us-gaap Other Comprehensive Income Loss Tax
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1400000 USD
CY2014Q4 us-gaap Other Liabilities Current
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35800000 USD
CY2015Q3 us-gaap Other Liabilities Current
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33200000 USD
CY2014Q4 us-gaap Other Liabilities Noncurrent
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51800000 USD
us-gaap Transfer To Investments
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3600000 USD
CY2015Q3 us-gaap Other Liabilities Noncurrent
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52000000 USD
CY2014Q3 us-gaap Sales Of Real Estate
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18200000 USD
us-gaap Sales Of Real Estate
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40500000 USD
CY2015Q3 us-gaap Sales Of Real Estate
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19900000 USD
us-gaap Sales Of Real Estate
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87800000 USD
CY2014Q3 us-gaap Other Nonoperating Income
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1100000 USD
us-gaap Other Nonoperating Income
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2600000 USD
CY2015Q3 us-gaap Other Nonoperating Income
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400000 USD
us-gaap Other Nonoperating Income
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800000 USD
CY2014Q3 us-gaap Other Selling General And Administrative Expense
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3900000 USD
us-gaap Other Selling General And Administrative Expense
OtherSellingGeneralAndAdministrativeExpense
13500000 USD
CY2015Q3 us-gaap Other Selling General And Administrative Expense
OtherSellingGeneralAndAdministrativeExpense
4800000 USD
us-gaap Other Selling General And Administrative Expense
OtherSellingGeneralAndAdministrativeExpense
15700000 USD
us-gaap Payments Of Dividends Common Stock
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5900000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
7400000 USD
us-gaap Payments To Acquire Businesses And Interest In Affiliates
PaymentsToAcquireBusinessesAndInterestInAffiliates
37900000 USD
us-gaap Payments To Acquire Businesses And Interest In Affiliates
PaymentsToAcquireBusinessesAndInterestInAffiliates
22500000 USD
us-gaap Payments To Acquire Other Real Estate
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0 USD
us-gaap Payments To Acquire Other Real Estate
PaymentsToAcquireOtherRealEstate
1300000 USD
us-gaap Payments To Acquire Productive Assets
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27300000 USD
us-gaap Payments To Acquire Productive Assets
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34900000 USD
CY2014Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
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54800000 USD
CY2015Q3 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
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53200000 USD
CY2014Q4 us-gaap Prepaid Expense And Other Assets Current
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15600000 USD
CY2015Q3 us-gaap Prepaid Expense And Other Assets Current
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11400000 USD
us-gaap Proceeds From Contributions From Affiliates
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14400000 USD
us-gaap Proceeds From Contributions From Affiliates
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37600000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
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126000000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
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71000000 USD
us-gaap Proceeds From Sale Of Other Real Estate
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86400000 USD
us-gaap Proceeds From Sale Of Other Real Estate
ProceedsFromSaleOfOtherRealEstate
25200000 USD
us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
8500000 USD
us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
5100000 USD
CY2014Q3 us-gaap Profit Loss
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10800000 USD
us-gaap Profit Loss
ProfitLoss
56400000 USD
CY2015Q3 us-gaap Profit Loss
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7000000 USD
us-gaap Profit Loss
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43000000 USD
CY2014Q4 us-gaap Property Plant And Equipment Net
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1301700000 USD
CY2015Q3 us-gaap Property Plant And Equipment Net
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1288900000 USD
CY2014Q4 us-gaap Receivables Long Term Contracts Or Programs
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9100000 USD
CY2015Q3 us-gaap Receivables Long Term Contracts Or Programs
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10100000 USD
CY2014Q4 us-gaap Receivables Net Current
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33100000 USD
CY2015Q3 us-gaap Receivables Net Current
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36600000 USD
us-gaap Repayments Of Lines Of Credit
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64500000 USD
us-gaap Repayments Of Lines Of Credit
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400000 USD
us-gaap Repayments Of Long Term Debt
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86500000 USD
us-gaap Repayments Of Long Term Debt
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182100000 USD
CY2014Q4 us-gaap Retained Earnings Accumulated Deficit
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101000000 USD
CY2015Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
134100000 USD
CY2014Q3 us-gaap Sales Revenue Goods Net
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45500000 USD
us-gaap Transfer To Investments
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0 USD
CY2015Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
49400000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
49300000 shares
CY2014Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
49300000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
49200000 shares
CY2015Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
49400000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
49300000 shares
CY2014Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
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48800000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
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48700000 shares
CY2015Q3 us-gaap Temporary Equity Carrying Amount Including Portion Attributable To Noncontrolling Interests
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9800000 USD
us-gaap Temporary Equity Issue Period Increase Or Decrease
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0 USD
us-gaap Temporary Equity Issue Period Increase Or Decrease
TemporaryEquityIssuePeriodIncreaseOrDecrease
1300000 USD
CY2015Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
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48900000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
48800000 shares
us-gaap Sales Revenue Goods Net
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88200000 USD
CY2015Q3 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
40800000 USD
us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
95500000 USD
CY2014Q3 us-gaap Sales Revenue Net
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153400000 USD
us-gaap Sales Revenue Net
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395000000 USD
CY2015Q3 us-gaap Sales Revenue Net
SalesRevenueNet
144700000 USD
us-gaap Sales Revenue Net
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449100000 USD
CY2014Q3 us-gaap Selling General And Administrative Expense
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12100000 USD
us-gaap Selling General And Administrative Expense
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37900000 USD
CY2015Q3 us-gaap Selling General And Administrative Expense
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12600000 USD
us-gaap Selling General And Administrative Expense
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41300000 USD
us-gaap Stock Issued During Period Value Share Based Compensation
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3500000 USD
us-gaap Stock Issued During Period Value Share Based Compensation
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3400000 USD
CY2014Q4 us-gaap Stockholders Equity
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1203900000 USD
CY2015Q3 us-gaap Stockholders Equity
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1242200000 USD
CY2013Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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1168700000 USD
CY2014Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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1225100000 USD
CY2014Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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1214800000 USD
CY2015Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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1245800000 USD
us-gaap Temporary Equity Accretion To Redemption Value
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0 USD
us-gaap Temporary Equity Accretion To Redemption Value
TemporaryEquityAccretionToRedemptionValue
1300000 USD
CY2014Q4 us-gaap Temporary Equity Carrying Amount Including Portion Attributable To Noncontrolling Interests
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0 USD
CY2014Q3 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
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0 USD
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
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0 USD
CY2015Q3 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
1300000 USD
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
1300000 USD
CY2014Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
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49300000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
49200000 shares
us-gaap Basis Of Accounting
BasisOfAccounting
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Basis of Presentation.</font><font style="font-family:inherit;font-size:10pt;">&#160;&#160;The interim condensed consolidated financial statements are unaudited. Because of the nature of the Company&#8217;s operations, the results for interim periods are not necessarily indicative of results to be expected for the year. While these condensed consolidated financial statements reflect all normal recurring adjustments that are, in the opinion of management, necessary for fair presentation of the results of the interim period, they do not include all of the information and footnotes required by accounting principles generally accepted in the United States of America ("GAAP") for complete financial statements. Therefore, the interim condensed consolidated financial statements should be read in conjunction with the consolidated balance sheets as of December&#160;31, </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">2014</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">2013</font><font style="font-family:inherit;font-size:10pt;">, and the related consolidated statements of income, comprehensive income, equity, and cash flows for each of the three years in the period ended December&#160;31, </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">2014</font><font style="font-family:inherit;font-size:10pt;"> and the notes thereto included in the Company&#8217;s Annual Report filed on Form 10-K for the year ended December 31, </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">2014</font><font style="font-family:inherit;font-size:10pt;"> ("2014 Form 10-K"), and other subsequent filings with the U.S. Securities and Exchange Commission.</font></div><div style="line-height:120%;padding-left:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-bottom:13px;padding-left:48px;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Revisions of prior period financial statements:</font><font style="font-family:inherit;font-size:10pt;"> In the first quarter of 2014, the Company recorded an out-of-period 2013 adjustment to income taxes, which had the effect of increasing income tax expense and reducing net income and income from continuing operations by </font><font style="font-family:inherit;font-size:10pt;">$1.6 million</font><font style="font-family:inherit;font-size:10pt;">, or approximately </font><font style="font-family:inherit;font-size:10pt;">$0.03</font><font style="font-family:inherit;font-size:10pt;"> per diluted share. In the course of preparing the Company&#8217;s financial statements for the year ended December 31, 2014, the Company identified immaterial misstatements in certain deferred tax accounts related to prior periods. In connection with the correction of these misstatements, which were reflected in the Company's 2014 Form 10-K, the Company also corrected for the 2013 out-of-period income tax adjustment by retroactively adjusting income taxes for the first quarter of 2014, which increased net income and income from continuing operations by </font><font style="font-family:inherit;font-size:10pt;">$1.6 million</font><font style="font-family:inherit;font-size:10pt;">, or approximately </font><font style="font-family:inherit;font-size:10pt;">$0.03</font><font style="font-family:inherit;font-size:10pt;"> per diluted share, from the results previously reported in the Company's Form 10-Q for the quarter ended March 31, 2014. The impact of the adjustments had no impact on pre-tax income or cash flows from operating, investing or financing activities. </font></div><div style="line-height:120%;padding-left:48px;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"></font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Rounding: </font><font style="font-family:inherit;font-size:10pt;">Amounts in the condensed consolidated financial statements and notes are rounded to the nearest tenth of a million, but per-share calculations and percentages were determined based on amounts before rounding. Accordingly, a recalculation of some per-share amounts and percentages, if based on the reported data, may be slightly different.</font></div></div>
us-gaap Description Of New Accounting Pronouncements Not Yet Adopted
DescriptionOfNewAccountingPronouncementsNotYetAdopted
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">New Accounting Pronouncements. </font><font style="font-family:inherit;font-size:10pt;">In April 2015, the Financial Accounting Standards Board (&#8220;FASB&#8221;) issued Accounting Standards Update (&#8220;ASU&#8221;) No. 2015-03, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Interest&#8212;Imputation of Interest (Subtopic 835-30),</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Simplifying the Presentation of Debt Issuance Costs</font><font style="font-family:inherit;font-size:10pt;">, ("ASU 2015-03"). ASU 2015-03 requires that debt issuance costs related to a recognized debt liability be presented in the balance sheet as a direct deduction from the carrying amount of that debt liability, consistent with debt discounts. The amendments in ASU 2015-03 are effective for financial statements issued for fiscal years beginning after December 15, 2015, and interim periods within those fiscal years. The Company is currently assessing the impact that adopting this new accounting guidance will have on its consolidated financial statements.</font></div><div style="line-height:120%;padding-left:48px;text-indent:-48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-left:48px;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In August 2015, the FASB issued ASU No. 2015-15,&#160;</font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Presentation and Subsequent Measurement of Debt Issuance Costs Associated with Line of Credit Arrangements</font><font style="font-family:inherit;font-size:10pt;">. This ASU indicates that the guidance in ASU 2015-03 did not address presentation or subsequent measurement of debt issuance costs related to line of credit arrangements. Given the absence of authoritative guidance within ASU 2015-03, the SEC staff has indicated that they would not object to an entity deferring and presenting debt issuance costs as an asset and subsequently amortizing the costs ratably over the term of the line of credit arrangement, regardless of whether there are any outstanding borrowings on the line of credit arrangement. The Company does not expect the adoption of ASU 2015-15 to have any effect on the Company&#8217;s financial position or results of operations.</font></div><div style="line-height:120%;padding-left:48px;text-indent:-48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-left:48px;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In July 2015, the FASB issued ASU No. 2015-11,&#160;</font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Simplifying the Measurement of Inventory</font><font style="font-family:inherit;font-size:10pt;">. This ASU changes the measurement principle for inventory from the lower of cost or market to lower of cost and net realizable value. Net realizable value is defined as the estimated selling price in the ordinary course of business, less reasonably predictable costs of completion, disposal, and transportation when cost is determined on a first-in, first-out or average cost basis. The provisions of ASU 2015-11 are effective for fiscal years beginning after December 15, 2016. The Company is currently evaluating the impact this accounting standard will have on the Company&#8217;s consolidated financial statements.</font></div></div>

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