2015 Form 10-K Financial Statement

#000154565416000058 Filed on February 29, 2016

View on sec.gov

Income Statement

Concept 2015 2014 Q4 2014 Q3
Revenue $472.8M $165.1M $153.4M
YoY Change 3.62% -19.38% 136.36%
Cost Of Revenue $168.8M $18.00M $52.70M
YoY Change 27.98% -89.02% 53.2%
Gross Profit $304.0M $43.40M $100.7M
YoY Change -6.29% 6.11% 230.16%
Gross Profit Margin 64.3% 26.29% 65.65%
Selling, General & Admin $51.60M $15.10M $12.10M
YoY Change -2.46% -10.12% 26.04%
% of Gross Profit 16.97% 34.79% 12.02%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $55.70M
YoY Change 1.27%
% of Gross Profit 18.32%
Operating Expenses $51.60M $15.10M $12.10M
YoY Change -2.46% -10.12% 26.04%
Operating Profit $94.00M $28.30M $15.60M
YoY Change 22.56% 17.43% 271.43%
Interest Expense $26.80M $7.400M $7.200M
YoY Change -7.59% 0.0% 71.43%
% of Operating Profit 28.51% 26.15% 46.15%
Other Income/Expense, Net $400.0K -$15.10M
YoY Change -102.72% -1261.54%
Pretax Income $98.90M $14.30M -$4.100M
YoY Change 141.81% -34.4% 20.59%
Income Tax $37.00M $6.200M -$14.90M
% Of Pretax Income 37.41% 43.36%
Net Earnings $29.60M $7.000M $10.20M
YoY Change -51.79% -66.02% 148.78%
Net Earnings / Revenue 6.26% 4.24% 6.65%
Basic Earnings Per Share $0.54 $0.14 $0.21
Diluted Earnings Per Share $0.54 $0.14 $0.21
COMMON SHARES
Basic Shares Outstanding 48.90M shares 48.80M shares 48.80M shares
Diluted Shares Outstanding 49.30M shares 49.30M shares 49.30M shares

Balance Sheet

Concept 2015 2014 Q4 2014 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.300M $2.800M $9.200M
YoY Change -53.57% -15.15% 124.39%
Cash & Equivalents $1.300M $2.800M $9.200M
Short-Term Investments
Other Short-Term Assets $42.70M $43.10M $50.50M
YoY Change -0.93% -28.76% 20.24%
Inventory $55.90M $81.90M $81.00M
Prepaid Expenses
Receivables $38.60M $33.10M $29.40M
Other Receivables $14.00M $6.700M $4.900M
Total Short-Term Assets $152.5M $167.6M $175.0M
YoY Change -9.01% -1.3% 16.9%
LONG-TERM ASSETS
Property, Plant & Equipment $1.269B $1.302B $1.264B
YoY Change -2.48% 2.2% 25.2%
Goodwill $102.3M $102.9M
YoY Change 2.71% 1018.48%
Intangibles $63.90M $64.30M
YoY Change -13.77%
Long-Term Investments $416.4M $418.6M $348.6M
YoY Change -0.53% 22.61% 6.54%
Other Assets $247.3M $43.50M $86.40M
YoY Change -7.55% -42.69% -16.36%
Total Long-Term Assets $2.090B $2.154B $2.120B
YoY Change -2.98% 2.26% 25.05%
TOTAL ASSETS
Total Short-Term Assets $152.5M $167.6M $175.0M
Total Long-Term Assets $2.090B $2.154B $2.120B
Total Assets $2.242B $2.321B $2.295B
YoY Change -3.42% 1.99% 24.39%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $41.90M $37.60M $37.10M
YoY Change 11.44% 15.34% 62.01%
Accrued Expenses $40.50M $41.50M $36.30M
YoY Change -2.41% 5.33% 31.05%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $90.40M $74.50M $46.90M
YoY Change 21.34% -29.18% 74.35%
Total Short-Term Liabilities $184.7M $183.0M $149.3M
YoY Change 0.93% -16.13% 70.63%
LONG-TERM LIABILITIES
Long-Term Debt $496.6M $631.5M $637.9M
YoY Change -21.36% 4.29% 8.62%
Other Long-Term Liabilities $120.2M $51.80M $52.80M
YoY Change 12.76% -14.66% 94.12%
Total Long-Term Liabilities $616.8M $923.8M $916.3M
YoY Change -16.43% 3.02% 11.3%
TOTAL LIABILITIES
Total Short-Term Liabilities $184.7M $183.0M $149.3M
Total Long-Term Liabilities $616.8M $923.8M $916.3M
Total Liabilities $1.019B $1.107B $1.066B
YoY Change -8.86% -0.73% 17.0%
SHAREHOLDERS EQUITY
Retained Earnings $101.0M $99.30M
YoY Change 104.45% 175.83%
Common Stock $1.147B $1.147B
YoY Change 0.6% 21.56%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.224B $1.204B $1.219B
YoY Change
Total Liabilities & Shareholders Equity $2.242B $2.322B $2.295B
YoY Change -3.42% 1.66% 24.39%

Cashflow Statement

Concept 2015 2014 Q4 2014 Q3
OPERATING ACTIVITIES
Net Income $29.60M $7.000M $10.20M
YoY Change -51.79% -66.02% 148.78%
Depreciation, Depletion And Amortization $55.70M
YoY Change 1.27%
Cash From Operating Activities $129.1M $35.80M $23.90M
YoY Change 219.55% -49.65% -125.81%
INVESTING ACTIVITIES
Capital Expenditures -$44.70M -$47.80M -$7.600M
YoY Change -40.48% -88.12% -88.22%
Acquisitions $0.00
YoY Change -100.0%
Other Investing Activities $45.70M -$13.60M -$20.40M
YoY Change -2.97% -104.2% -35.65%
Cash From Investing Activities $18.40M -$61.40M -$28.00M
YoY Change -165.71% -22.08% -70.89%
FINANCING ACTIVITIES
Cash Dividend Paid $10.30M
YoY Change 24.1%
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $248.1M
YoY Change 10.66%
Cash From Financing Activities -$131.6M 19.20M 7.100M
YoY Change 920.16% 178.26% -96.31%
NET CHANGE
Cash From Operating Activities $129.1M 35.80M 23.90M
Cash From Investing Activities $18.40M -61.40M -28.00M
Cash From Financing Activities -$131.6M 19.20M 7.100M
Net Change In Cash $15.90M -6.400M 3.000M
YoY Change -3280.0% 700.0% -11.76%
FREE CASH FLOW
Cash From Operating Activities $129.1M $35.80M $23.90M
Capital Expenditures -$44.70M -$47.80M -$7.600M
Free Cash Flow $173.8M $83.60M $31.50M
YoY Change 50.48% -82.34% -212.1%

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51900000 USD
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30200000 USD
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16300000 USD
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46700000 USD
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41000000 USD
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51100000 USD
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17100000 USD
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2100000 USD
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6700000 USD
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7800000 USD
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5900000 USD
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100000 USD
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100000 USD
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31100000 USD
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53000000 USD
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6700000 USD
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5100000 USD
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60100000 USD
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6800000 USD
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5000000 USD
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57200000 USD
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265100000 USD
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6800000 USD
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5000000 USD
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400000 USD
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400000 USD
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400000 USD
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37100000 USD
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47600000 USD
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6700000 USD
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3500000 USD
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4200000 USD
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4700000 USD
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5500000 USD
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101000000 USD
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102000000 USD
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52800000 USD
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82200000 USD
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42700000 USD
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27100000 USD
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29600000 USD
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23600000 USD
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1900000 USD
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16700000 USD
CY2014Q4 us-gaap Goodwill
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102300000 USD
CY2015Q4 us-gaap Goodwill
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102300000 USD
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3300000 USD
CY2015 us-gaap Goodwill Acquired During Period
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0 USD
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600000 USD
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6600000 USD
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300000 USD
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0 USD
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500000 USD
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400000 USD
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1000000 USD
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600000 USD
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1100000 USD
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3100000 USD
CY2015Q1 us-gaap Income Loss Attributable To Noncontrolling Interest
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600000 USD
CY2015Q2 us-gaap Income Loss Attributable To Noncontrolling Interest
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300000 USD
CY2015Q3 us-gaap Income Loss Attributable To Noncontrolling Interest
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300000 USD
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300000 USD
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-4100000 USD
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14300000 USD
CY2014 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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28800000 USD
CY2015Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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41500000 USD
CY2015Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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17100000 USD
CY2015Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
10800000 USD
CY2015Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-21800000 USD
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
47600000 USD
CY2013 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
12500000 USD
CY2014Q1 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
1100000 USD
CY2014Q2 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
10200000 USD
CY2014Q3 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
10800000 USD
CY2014Q4 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
8100000 USD
CY2014 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
30200000 USD
CY2015Q1 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
25900000 USD
CY2015Q2 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
10100000 USD
CY2015Q4 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-11900000 USD
CY2015 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
31100000 USD
CY2013 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.27
CY2014 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.56
CY2015 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.54
CY2013 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.26
CY2014 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.55
CY2015 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.54
CY2013 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
22300000 USD
CY2014Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
34300000 USD
CY2014Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
0 USD
CY2014Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
0 USD
CY2014Q4 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
0 USD
CY2014 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
34300000 USD
CY2015Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
0 USD
CY2015Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
0 USD
CY2015Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
0 USD
CY2015Q4 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
0 USD
CY2015 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
0 USD
CY2013 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.50
CY2014 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.70
CY2015 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.00
CY2013 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.50
CY2014 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.70
CY2015 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.00
CY2013 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
4300000 USD
CY2014 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
2100000 USD
CY2015 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
36800000 USD
CY2013 us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
2900000 USD
CY2014 us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
-100000 USD
CY2015 us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
3700000 USD
CY2013 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
11100000 USD
CY2014Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
800000 USD
CY2014Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
6500000 USD
CY2014Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-14900000 USD
CY2014Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
6200000 USD
CY2014 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-1400000 USD
CY2015Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
15600000 USD
CY2015Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
7000000 USD
CY2015Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3800000 USD
CY2015Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-9900000 USD
CY2015 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
16500000 USD
CY2013 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
8300000 USD
CY2014 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
10100000 USD
CY2015 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
16600000 USD
CY2013 us-gaap Income Tax Reconciliation Nondeductible Expense Charitable Contributions
IncomeTaxReconciliationNondeductibleExpenseCharitableContributions
-200000 USD
CY2014 us-gaap Income Tax Reconciliation Nondeductible Expense Charitable Contributions
IncomeTaxReconciliationNondeductibleExpenseCharitableContributions
0 USD
CY2015 us-gaap Income Tax Reconciliation Nondeductible Expense Charitable Contributions
IncomeTaxReconciliationNondeductibleExpenseCharitableContributions
0 USD
CY2013 us-gaap Income Tax Reconciliation Nondeductible Expense Other
IncomeTaxReconciliationNondeductibleExpenseOther
1600000 USD
CY2014 us-gaap Income Tax Reconciliation Nondeductible Expense Other
IncomeTaxReconciliationNondeductibleExpenseOther
0 USD
CY2015 us-gaap Income Tax Reconciliation Nondeductible Expense Other
IncomeTaxReconciliationNondeductibleExpenseOther
0 USD
CY2013 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
400000 USD
CY2014 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
3900000 USD
CY2015 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-800000 USD
CY2013 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
1000000 USD
CY2014 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-4100000 USD
CY2015 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
700000 USD
CY2013 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-4900000 USD
CY2014 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-2300000 USD
CY2015 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
100000 USD
CY2013 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-3300000 USD
CY2014 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-1600000 USD
CY2015 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
3100000 USD
CY2013 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
7600000 USD
CY2014 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-6000000 USD
CY2015 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-18200000 USD
CY2013 us-gaap Increase Decrease In Billing In Excess Of Cost Of Earnings
IncreaseDecreaseInBillingInExcessOfCostOfEarnings
-1900000 USD
CY2014 us-gaap Increase Decrease In Billing In Excess Of Cost Of Earnings
IncreaseDecreaseInBillingInExcessOfCostOfEarnings
-6400000 USD
CY2015 us-gaap Increase Decrease In Billing In Excess Of Cost Of Earnings
IncreaseDecreaseInBillingInExcessOfCostOfEarnings
-1400000 USD
CY2013 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
2700000 USD
CY2014 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
13500000 USD
CY2014 us-gaap Interest Costs Incurred
InterestCostsIncurred
31000000 USD
CY2013 us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
0 USD
CY2014 us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
11300000 USD
CY2015 us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
0 USD
CY2013 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
12000000 USD
CY2014 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
14200000 USD
CY2015 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
6400000 USD
CY2014Q4 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
6700000 USD
CY2015Q4 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
14000000 USD
CY2015 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-25900000 USD
CY2013 us-gaap Increase Decrease In Pension And Postretirement Obligations
IncreaseDecreaseInPensionAndPostretirementObligations
5200000 USD
CY2014 us-gaap Increase Decrease In Pension And Postretirement Obligations
IncreaseDecreaseInPensionAndPostretirementObligations
-2300000 USD
CY2015 us-gaap Increase Decrease In Pension And Postretirement Obligations
IncreaseDecreaseInPensionAndPostretirementObligations
3600000 USD
CY2013 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
400000 USD
CY2014 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-5000000 USD
CY2015 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
13100000 USD
CY2013 us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
-3200000 USD
CY2014 us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
-600000 USD
CY2015 us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
17400000 USD
CY2013 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
700000 shares
CY2014 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
600000 shares
CY2015 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
400000 shares
CY2013 us-gaap Insurance Recoveries
InsuranceRecoveries
2400000 USD
CY2014 us-gaap Insurance Recoveries
InsuranceRecoveries
0 USD
CY2015 us-gaap Insurance Recoveries
InsuranceRecoveries
0 USD
CY2014Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
63900000 USD
CY2015Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
54400000 USD
CY2013 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
1800000 USD
CY2014 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
1900000 USD
CY2015 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
2300000 USD
CY2013 us-gaap Interest Costs Incurred
InterestCostsIncurred
20800000 USD
CY2015 us-gaap Interest Costs Incurred
InterestCostsIncurred
29100000 USD
CY2013 us-gaap Interest Expense
InterestExpense
19100000 USD
CY2014Q1 us-gaap Interest Expense
InterestExpense
7200000 USD
CY2014Q2 us-gaap Interest Expense
InterestExpense
7200000 USD
CY2014Q3 us-gaap Interest Expense
InterestExpense
7200000 USD
CY2014Q4 us-gaap Interest Expense
InterestExpense
7400000 USD
CY2014 us-gaap Interest Expense
InterestExpense
29000000 USD
CY2015Q1 us-gaap Interest Expense
InterestExpense
7100000 USD
CY2015Q2 us-gaap Interest Expense
InterestExpense
6600000 USD
CY2015Q3 us-gaap Interest Expense
InterestExpense
6500000 USD
CY2015Q4 us-gaap Interest Expense
InterestExpense
6600000 USD
CY2015 us-gaap Interest Expense
InterestExpense
26800000 USD
CY2013 us-gaap Interest Paid Net
InterestPaidNet
19100000 USD
CY2014 us-gaap Interest Paid Net
InterestPaidNet
29800000 USD
CY2015 us-gaap Interest Paid Net
InterestPaidNet
27300000 USD
CY2014Q4 us-gaap Interest Payable Current
InterestPayableCurrent
5700000 USD
CY2015Q4 us-gaap Interest Payable Current
InterestPayableCurrent
5500000 USD
CY2014Q4 us-gaap Inventory Net
InventoryNet
81900000 USD
CY2015Q4 us-gaap Inventory Net
InventoryNet
55900000 USD
CY2014Q4 us-gaap Inventory Real Estate
InventoryRealEstate
2500000 USD
CY2015Q4 us-gaap Inventory Real Estate
InventoryRealEstate
0 USD
CY2014Q4 us-gaap Inventory Real Estate Land And Land Development Costs
InventoryRealEstateLandAndLandDevelopmentCosts
224000000 USD
CY2015Q4 us-gaap Inventory Real Estate Land And Land Development Costs
InventoryRealEstateLandAndLandDevelopmentCosts
183500000 USD
CY2014Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
418600000 USD
CY2015Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
416400000 USD
CY2015 us-gaap Lease Expiration Date1
LeaseExpirationDate1
2063-12-31
CY2014Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2321600000 USD
CY2015Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2243500000 USD
CY2014Q4 us-gaap Liabilities Current
LiabilitiesCurrent
183000000 USD
CY2015Q4 us-gaap Liabilities Current
LiabilitiesCurrent
184700000 USD
CY2014Q4 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
923800000 USD
CY2015Q4 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
820100000 USD
CY2014Q4 us-gaap Long Term Debt
LongTermDebt
705600000 USD
CY2015Q4 us-gaap Long Term Debt
LongTermDebt
587900000 USD
CY2014Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
74500000 USD
CY2015Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
90400000 USD
CY2015Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
271400000 USD
CY2015Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
90400000 USD
CY2015Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
103900000 USD
CY2015Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
40500000 USD
CY2015Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
41100000 USD
CY2015Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
40600000 USD
CY2014Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
631500000 USD
CY2015Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
497800000 USD
CY2014Q4 us-gaap Minority Interest
MinorityInterest
10900000 USD
CY2015Q4 us-gaap Minority Interest
MinorityInterest
3500000 USD
CY2015Q4 us-gaap Minority Interest Ownership Percentage By Parent
MinorityInterestOwnershipPercentageByParent
0.70
CY2014 us-gaap Multiemployer Plan Period Contributions
MultiemployerPlanPeriodContributions
5000000 USD
CY2015 us-gaap Multiemployer Plan Period Contributions
MultiemployerPlanPeriodContributions
5700000 USD
CY2013 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
252200000 USD
CY2014 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-11600000 USD
CY2015 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-131000000 USD
CY2013 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-211700000 USD
CY2014 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-28000000 USD
CY2015 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
1000000 USD
CY2013 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-38300000 USD
CY2014 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
39100000 USD
CY2015 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
128500000 USD
CY2013 us-gaap Net Income Loss
NetIncomeLoss
34300000 USD
CY2014Q1 us-gaap Net Income Loss
NetIncomeLoss
35000000 USD
CY2014Q2 us-gaap Net Income Loss
NetIncomeLoss
9200000 USD
CY2014Q3 us-gaap Net Income Loss
NetIncomeLoss
10200000 USD
CY2014Q4 us-gaap Net Income Loss
NetIncomeLoss
7000000 USD
CY2014 us-gaap Net Income Loss
NetIncomeLoss
61400000 USD
CY2015Q1 us-gaap Net Income Loss
NetIncomeLoss
25300000 USD
CY2015Q2 us-gaap Net Income Loss
NetIncomeLoss
9800000 USD
CY2015Q3 us-gaap Net Income Loss
NetIncomeLoss
6700000 USD
CY2015Q4 us-gaap Net Income Loss
NetIncomeLoss
-12200000 USD
CY2015 us-gaap Net Income Loss
NetIncomeLoss
29600000 USD
CY2013 us-gaap Noncash Or Part Noncash Acquisition Debt Assumed1
NoncashOrPartNoncashAcquisitionDebtAssumed1
142200000 USD
CY2014 us-gaap Noncash Or Part Noncash Acquisition Debt Assumed1
NoncashOrPartNoncashAcquisitionDebtAssumed1
0 USD
CY2015 us-gaap Noncash Or Part Noncash Acquisition Debt Assumed1
NoncashOrPartNoncashAcquisitionDebtAssumed1
0 USD
CY2013 us-gaap Noncash Or Part Noncash Acquisition Value Of Assets Acquired1
NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1
39000000 USD
CY2014 us-gaap Noncash Or Part Noncash Acquisition Value Of Assets Acquired1
NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1
0 USD
CY2015 us-gaap Noncash Or Part Noncash Acquisition Value Of Assets Acquired1
NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1
0 USD
CY2015 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
4 Segment
CY2013 us-gaap Operating Income Loss
OperatingIncomeLoss
39900000 USD
CY2014 us-gaap Operating Income Loss
OperatingIncomeLoss
64600000 USD
CY2015 us-gaap Operating Income Loss
OperatingIncomeLoss
39000000 USD
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
50500000 USD
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
5700000 USD
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
4500000 USD
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
4500000 USD
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
5000000 USD
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
5600000 USD
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
25200000 USD
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Receivable
OperatingLeasesFutureMinimumPaymentsReceivable
597400000 USD
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Receivable Current
OperatingLeasesFutureMinimumPaymentsReceivableCurrent
85000000 USD
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Five Years
OperatingLeasesFutureMinimumPaymentsReceivableInFiveYears
41300000 USD
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Four Years
OperatingLeasesFutureMinimumPaymentsReceivableInFourYears
53200000 USD
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Three Years
OperatingLeasesFutureMinimumPaymentsReceivableInThreeYears
61400000 USD
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Two Years
OperatingLeasesFutureMinimumPaymentsReceivableInTwoYears
73700000 USD
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Receivable Thereafter
OperatingLeasesFutureMinimumPaymentsReceivableThereafter
282800000 USD
CY2013 us-gaap Operating Leases Income Statement Contingent Revenue
OperatingLeasesIncomeStatementContingentRevenue
3000000 USD
CY2014 us-gaap Operating Leases Income Statement Contingent Revenue
OperatingLeasesIncomeStatementContingentRevenue
4700000 USD
CY2015 us-gaap Operating Leases Income Statement Contingent Revenue
OperatingLeasesIncomeStatementContingentRevenue
4800000 USD
CY2013 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
83500000 USD
CY2014 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
94500000 USD
CY2015 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
101000000 USD
CY2013 us-gaap Operating Leases Income Statement Minimum Lease Revenue
OperatingLeasesIncomeStatementMinimumLeaseRevenue
80500000 USD
CY2014 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Before Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditBeforeTax
-1300000 USD
CY2014 us-gaap Operating Leases Income Statement Minimum Lease Revenue
OperatingLeasesIncomeStatementMinimumLeaseRevenue
89800000 USD
CY2015 us-gaap Operating Leases Income Statement Minimum Lease Revenue
OperatingLeasesIncomeStatementMinimumLeaseRevenue
96200000 USD
CY2013 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
4500000 USD
CY2014 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
6700000 USD
CY2015 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
7200000 USD
CY2014Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
43500000 USD
CY2015Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
65000000 USD
CY2013 us-gaap Other Comprehensive Income Defined Benefit Plans Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansTaxPortionAttributableToParent
-11700000 USD
CY2014 us-gaap Other Comprehensive Income Defined Benefit Plans Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansTaxPortionAttributableToParent
9200000 USD
CY2015 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Before Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditBeforeTax
-1300000 USD
CY2015 us-gaap Other Comprehensive Income Defined Benefit Plans Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansTaxPortionAttributableToParent
600000 USD
CY2013 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Before Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditBeforeTax
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<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:13px;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Use of Estimates:</font><font style="font-family:inherit;font-size:10pt;font-weight:bold;"> </font><font style="font-family:inherit;font-size:10pt;">The preparation of the consolidated financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the amounts reported. Estimates and assumptions are used for, but not limited to: (i) asset impairments, including intangible assets and goodwill, (ii) legal and environmental contingencies, (iii) revenue recognition for long-term real estate developments and construction contracts, (iv) pension and postretirement estimates, and (v) income taxes. Future results could be materially affected if actual results differ from these estimates and assumptions.</font></div></div>

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