2018 Q4 Form 10-K Financial Statement

#000089707719000012 Filed on March 01, 2019

View on sec.gov

Income Statement

Concept 2018 Q4 2017 Q4 2017 Q3
Revenue $256.0M $243.3M $240.5M
YoY Change 5.25% 18.36% 10.93%
Cost Of Revenue $193.4M $182.3M $175.5M
YoY Change 6.09% 15.67% 8.31%
Gross Profit $62.63M $60.91M $64.94M
YoY Change 2.83% 27.08% 18.69%
Gross Profit Margin 24.46% 25.04% 27.01%
Selling, General & Admin $37.90M $40.00M $37.18M
YoY Change -5.25% 12.04% 10.32%
% of Gross Profit 60.51% 65.67% 57.25%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $6.300M $5.100M $5.300M
YoY Change 23.53% 2.0% 3.92%
% of Gross Profit 10.06% 8.37% 8.16%
Operating Expenses $37.90M $40.10M $37.18M
YoY Change -5.49% 12.64% 10.32%
Operating Profit $24.73M $20.81M $27.76M
YoY Change 18.84% 68.74% 32.12%
Interest Expense -$1.200M -$500.0K $1.414M
YoY Change 140.0% -66.67% 0.64%
% of Operating Profit -4.85% -2.4% 5.09%
Other Income/Expense, Net -$1.000M $400.0K -$1.561M
YoY Change -350.0% -20.0% -1329.13%
Pretax Income $22.60M $20.80M $24.89M
YoY Change 8.65% 84.07% 25.83%
Income Tax $9.300M $7.300M $8.294M
% Of Pretax Income 41.15% 35.1% 33.33%
Net Earnings $16.59M $3.240M $16.59M
YoY Change 412.01% -57.3% 25.36%
Net Earnings / Revenue 6.48% 1.33% 6.9%
Basic Earnings Per Share $1.43
Diluted Earnings Per Share $1.41 $0.27 $1.42
COMMON SHARES
Basic Shares Outstanding 11.74M shares 11.63M shares 11.59M shares
Diluted Shares Outstanding 11.77M shares 11.73M shares 11.71M shares

Balance Sheet

Concept 2018 Q4 2017 Q4 2017 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $34.00M $25.40M $69.10M
YoY Change 33.86% 51.19% 22.3%
Cash & Equivalents $34.04M $25.37M $69.07M
Short-Term Investments
Other Short-Term Assets $5.300M $5.300M $5.500M
YoY Change 0.0% 12.77% 19.57%
Inventory $176.6M $155.6M $159.6M
Prepaid Expenses $5.327M $5.336M $5.470M
Receivables $228.1M $205.8M $203.1M
Other Receivables $8.700M $500.0K $1.000M
Total Short-Term Assets $452.8M $392.5M $438.2M
YoY Change 15.37% 19.81% 11.58%
LONG-TERM ASSETS
Property, Plant & Equipment $87.23M $76.66M $74.00M
YoY Change 13.78% 15.06% 8.26%
Goodwill $83.24M $84.76M $86.36M
YoY Change -1.79% 13.28% 13.81%
Intangibles $48.86M $52.87M $54.74M
YoY Change -7.59% 5.66% 7.5%
Long-Term Investments
YoY Change
Other Assets $3.699M $3.362M $1.533M
YoY Change 10.02% 61.87% -45.93%
Total Long-Term Assets $268.8M $247.1M $248.4M
YoY Change 8.76% 9.76% 6.99%
TOTAL ASSETS
Total Short-Term Assets $452.8M $392.5M $438.2M
Total Long-Term Assets $268.8M $247.1M $248.4M
Total Assets $721.6M $639.7M $686.6M
YoY Change 12.81% 15.72% 9.87%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $54.08M $55.83M $59.21M
YoY Change -3.12% 29.42% 22.08%
Accrued Expenses $43.79M $40.45M $35.82M
YoY Change 8.23% 22.0% 9.99%
Deferred Revenue $2.520M $200.0K
YoY Change 1160.0%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $119.0K $82.00K $276.0K
YoY Change 45.12% 12.33% -79.88%
Total Short-Term Liabilities $100.9M $101.4M $97.76M
YoY Change -0.5% 28.8% 15.56%
LONG-TERM LIABILITIES
Long-Term Debt $85.00M $60.00M $126.0M
YoY Change 41.67% -14.31% -5.98%
Other Long-Term Liabilities $8.436M $7.291M $7.522M
YoY Change 15.7% 4.62% 26.74%
Total Long-Term Liabilities $93.44M $67.29M $133.5M
YoY Change 38.85% -12.59% -4.6%
TOTAL LIABILITIES
Total Short-Term Liabilities $100.9M $101.4M $97.76M
Total Long-Term Liabilities $93.44M $67.29M $133.5M
Total Liabilities $194.3M $168.7M $231.3M
YoY Change 15.2% 8.33% 3.0%
SHAREHOLDERS EQUITY
Retained Earnings $443.0M $374.7M $372.6M
YoY Change 18.25% 11.85% 13.45%
Common Stock $109.6M $105.0M $104.1M
YoY Change 4.35% 4.07% 3.69%
Preferred Stock
YoY Change
Treasury Stock (at cost) $426.0K $426.0K $426.0K
YoY Change 0.0% 0.0% 0.0%
Treasury Stock Shares 42.60K shares 42.60K shares 42.60K shares
Shareholders Equity $515.4M $449.1M $446.5M
YoY Change
Total Liabilities & Shareholders Equity $721.6M $639.7M $686.6M
YoY Change 12.81% 15.72% 9.87%

Cashflow Statement

Concept 2018 Q4 2017 Q4 2017 Q3
OPERATING ACTIVITIES
Net Income $16.59M $3.240M $16.59M
YoY Change 412.01% -57.3% 25.36%
Depreciation, Depletion And Amortization $6.300M $5.100M $5.300M
YoY Change 23.53% 2.0% 3.92%
Cash From Operating Activities $9.300M $28.90M $29.50M
YoY Change -67.82% 3.96% -31.55%
INVESTING ACTIVITIES
Capital Expenditures -$7.900M -$3.800M -$3.400M
YoY Change 107.89% 52.0% 209.09%
Acquisitions
YoY Change
Other Investing Activities $300.0K $200.0K -$12.00M
YoY Change 50.0% -50.0% -3100.0%
Cash From Investing Activities -$7.700M -$3.600M -$15.40M
YoY Change 113.89% 63.64% 2466.67%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -17.00M -66.80M -21.10M
YoY Change -74.55% 0.0% -30.82%
NET CHANGE
Cash From Operating Activities 9.300M 28.90M 29.50M
Cash From Investing Activities -7.700M -3.600M -15.40M
Cash From Financing Activities -17.00M -66.80M -21.10M
Net Change In Cash -15.40M -41.50M -7.000M
YoY Change -62.89% 0.73% -158.33%
FREE CASH FLOW
Cash From Operating Activities $9.300M $28.90M $29.50M
Capital Expenditures -$7.900M -$3.800M -$3.400M
Free Cash Flow $17.20M $32.70M $32.90M
YoY Change -47.4% 7.92% -25.57%

Facts In Submission

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AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1414000 USD
CY2016 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
1369000 USD
CY2016 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
19000 USD
CY2016 us-gaap Dividends Cash
DividendsCash
4114000 USD
CY2016Q4 us-gaap Stockholders Equity
StockholdersEquity
387717000 USD
CY2017 us-gaap Net Income Loss
NetIncomeLoss
44315000 USD
CY2017 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
16966000 USD
CY2017 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax
624000 USD
CY2017 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1869000 USD
CY2017 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
2397000 USD
CY2017 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
166000 USD
CY2017 us-gaap Stockholders Equity Other
StockholdersEquityOther
0 USD
CY2017 us-gaap Dividends Cash
DividendsCash
4614000 USD
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
449108000 USD
CY2018 us-gaap Net Income Loss
NetIncomeLoss
73486000 USD
CY2018 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-13347000 USD
CY2018 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax
-1318000 USD
CY2018 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
2450000 USD
CY2018 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
2552000 USD
CY2018 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
436000 USD
CY2018 us-gaap Dividends Cash
DividendsCash
5124000 USD
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
507371000 USD
CY2018 us-gaap Net Income Loss
NetIncomeLoss
73486000 USD
CY2017 us-gaap Net Income Loss
NetIncomeLoss
44315000 USD
CY2016 us-gaap Net Income Loss
NetIncomeLoss
40045000 USD
CY2018 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
71000 USD
CY2017 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
187000 USD
CY2016 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
482000 USD
CY2018 us-gaap Depreciation
Depreciation
12884000 USD
CY2017 us-gaap Depreciation
Depreciation
11616000 USD
CY2016 us-gaap Depreciation
Depreciation
11267000 USD
CY2018 us-gaap Equipment Expense
EquipmentExpense
6725000 USD
CY2017 us-gaap Equipment Expense
EquipmentExpense
5531000 USD
CY2016 us-gaap Equipment Expense
EquipmentExpense
6429000 USD
CY2018 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
3505000 USD
CY2017 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
3317000 USD
CY2016 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
3104000 USD
CY2018 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
221000 USD
CY2017 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
203000 USD
CY2016 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
213000 USD
CY2018 us-gaap Share Based Compensation
ShareBasedCompensation
2450000 USD
CY2017 us-gaap Share Based Compensation
ShareBasedCompensation
1869000 USD
CY2016 us-gaap Share Based Compensation
ShareBasedCompensation
1414000 USD
CY2018 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
2052000 USD
CY2017 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
1328000 USD
CY2016 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
2620000 USD
CY2018 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
361000 USD
CY2017 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
341000 USD
CY2016 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
345000 USD
CY2018 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
27029000 USD
CY2017 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
23134000 USD
CY2016 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-3876000 USD
CY2018 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
25991000 USD
CY2017 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-142000 USD
CY2016 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-12340000 USD
CY2018 alg Increase Decreasein Rental Equipment
IncreaseDecreaseinRentalEquipment
22424000 USD
CY2017 alg Increase Decreasein Rental Equipment
IncreaseDecreaseinRentalEquipment
3054000 USD
CY2016 alg Increase Decreasein Rental Equipment
IncreaseDecreaseinRentalEquipment
-315000 USD
CY2018 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
583000 USD
CY2017 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-2845000 USD
CY2016 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
5634000 USD
CY2018 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
4130000 USD
CY2017 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
11688000 USD
CY2016 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-5382000 USD
CY2018 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-10332000 USD
CY2017 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
2357000 USD
CY2016 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
2908000 USD
CY2018 us-gaap Increase Decrease In Accrued Taxes Payable
IncreaseDecreaseInAccruedTaxesPayable
-6196000 USD
CY2017 us-gaap Increase Decrease In Accrued Taxes Payable
IncreaseDecreaseInAccruedTaxesPayable
12478000 USD
CY2016 us-gaap Increase Decrease In Accrued Taxes Payable
IncreaseDecreaseInAccruedTaxesPayable
0 USD
CY2018 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
302000 USD
CY2017 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
-543000 USD
CY2016 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
2132000 USD
CY2018 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
12910000 USD
CY2017 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
70804000 USD
CY2016 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
75784000 USD
CY2018 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 USD
CY2017 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
38553000 USD
CY2016 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
188000 USD
CY2018 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
26587000 USD
CY2017 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
13490000 USD
CY2016 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
9711000 USD
CY2018 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
1341000 USD
CY2017 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
767000 USD
CY2016 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
1293000 USD
CY2018 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
112000 USD
CY2017 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
0 USD
CY2016 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
50000 USD
CY2018 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-25358000 USD
CY2017 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-51276000 USD
CY2016 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-8656000 USD
CY2018 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
159000000 USD
CY2017 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
143000000 USD
CY2016 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
79000000 USD
CY2018 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
134000000 USD
CY2017 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
153000000 USD
CY2016 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
153000000 USD
CY2018 us-gaap Proceeds From Repayments Of Long Term Debt And Capital Securities
ProceedsFromRepaymentsOfLongTermDebtAndCapitalSecurities
216000 USD
CY2017 us-gaap Proceeds From Repayments Of Long Term Debt And Capital Securities
ProceedsFromRepaymentsOfLongTermDebtAndCapitalSecurities
-17000 USD
CY2016 us-gaap Proceeds From Repayments Of Long Term Debt And Capital Securities
ProceedsFromRepaymentsOfLongTermDebtAndCapitalSecurities
-38000 USD
CY2018 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
0 USD
CY2017 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
0 USD
CY2016 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
48000 USD
CY2018 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
0 USD
CY2017 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
0 USD
CY2016 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
593000 USD
CY2018 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
5124000 USD
CY2018 us-gaap Use Of Estimates
UseOfEstimates
<div><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:Arial;font-size:10pt;font-style:italic;font-weight:700;line-height:120%;">Use of Estimates</span></div><div><span><br/></span></div><div style="text-indent:18pt;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:Arial;font-size:10pt;line-height:120%;"> The preparation of financial statements in conformity with U.S. Generally Accepted Accounting Principles requires management to make estimates and assumptions that affect the amount of assets, liabilities, revenues, and expenses reported in the financial statements and accompanying notes. Judgments related to asset impairment and certain reserves are particularly subject to change. Actual results could differ from those estimates. Such estimates include, but are not limited to, allowance for doubtful accounts, reserve for sales discounts, estimated realizable value on obsolete and slow-moving inventory, warranty reserve, estimates related to pension accounting; estimates related to fair value for purposes of assessing goodwill, long-lived assets and intangible assets for impairment; estimates related to income taxes; and estimates related to contingencies.</span></div>
CY2017 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
4614000 USD
CY2016 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
4114000 USD
CY2018 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
2552000 USD
CY2017 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
2397000 USD
CY2016 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
1369000 USD
CY2018 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
436000 USD
CY2017 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
166000 USD
CY2016 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
19000 USD
CY2018 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
22208000 USD
CY2017 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-12400000 USD
CY2016 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-77347000 USD
CY2018 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-1090000 USD
CY2017 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
1452000 USD
CY2016 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
90000 USD
CY2018 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
8670000 USD
CY2017 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
8580000 USD
CY2016 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-10129000 USD
CY2016Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
16793000 USD
CY2018 us-gaap Interest Paid Net
InterestPaidNet
5199000 USD
CY2017Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
25373000 USD
CY2016Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
16793000 USD
CY2015Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
26922000 USD
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
34043000 USD
CY2017Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
25373000 USD
CY2017 us-gaap Interest Paid Net
InterestPaidNet
5217000 USD
CY2016 us-gaap Interest Paid Net
InterestPaidNet
5796000 USD
CY2018 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
30295000 USD
CY2017 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
23175000 USD
CY2016 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
16637000 USD
CY2018 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 segment
CY2017Q4 us-gaap Restricted Cash
RestrictedCash
0 USD
CY2018Q4 us-gaap Restricted Cash
RestrictedCash
0 USD
CY2018 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="margin-bottom:10pt;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:Arial;font-size:10pt;font-style:italic;font-weight:700;line-height:120%;">Concentrations of Credit Risk</span></div><div style="text-indent:18pt;margin-bottom:10pt;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:Arial;font-size:10pt;line-height:120%;">Financial instruments which potentially subject the Company to concentrations of credit risk consist principally of accounts receivable. The credit risk is limited because of the large numbers and types of customers and their geographic dispersion.</span></div>
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.005
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.006
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0294
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0223
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0154
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.005
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.345
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.376
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.485
CY2018 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P8Y
CY2017 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P8Y
CY2016 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P8Y
CY2018 us-gaap Net Income Loss
NetIncomeLoss
73486000 USD
CY2017 us-gaap Net Income Loss
NetIncomeLoss
44315000 USD
CY2016 us-gaap Net Income Loss
NetIncomeLoss
40045000 USD
CY2018 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
11660000 shares
CY2017 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
11549000 shares
CY2016 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
11434000 shares
CY2018 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
101000 shares
CY2017 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
133000 shares
CY2016 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
131000 shares
CY2018 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
11761000 shares
CY2017 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
11682000 shares
CY2016 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
11565000 shares
CY2018 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
6.30
CY2018Q4 alg Inventory Reserve Percentage
InventoryReservePercentage
1
CY2017 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.84
CY2016 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.50
CY2018 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
6.25
CY2017 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.79
CY2016 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.46
CY2018 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
4850 shares
CY2017 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1565 shares
CY2016 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
21491 shares
CY2018Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
7194000 USD
CY2017Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
6932000 USD
CY2018Q4 alg Inventory Reserve Percentage
InventoryReservePercentage
1
CY2018 alg Product Warranty Accrual Period Of Expenses Used In Calculation
ProductWarrantyAccrualPeriodOfExpensesUsedInCalculation
P12M
CY2018 alg Product Warranty Accrual Period For Sales Used In Calculation
ProductWarrantyAccrualPeriodForSalesUsedInCalculation
P12M
CY2018Q4 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
4992000 USD
CY2017Q4 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
5335000 USD
CY2018Q4 us-gaap Percentage Of Lifo Inventory
PercentageOfLIFOInventory
0.60
CY2017Q4 us-gaap Percentage Of Lifo Inventory
PercentageOfLIFOInventory
0.62
CY2018Q4 us-gaap Excess Of Replacement Or Current Costs Over Stated Lifo Value
ExcessOfReplacementOrCurrentCostsOverStatedLIFOValue
10646000 USD
CY2017Q4 us-gaap Excess Of Replacement Or Current Costs Over Stated Lifo Value
ExcessOfReplacementOrCurrentCostsOverStatedLIFOValue
7919000 USD
CY2018Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
149298000 USD
CY2017Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
133161000 USD
CY2018Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
12732000 USD
CY2017Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
10243000 USD
CY2018Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
14600000 USD
CY2017Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
12164000 USD
CY2018Q4 us-gaap Inventory Net
InventoryNet
176630000 USD
CY2017Q4 us-gaap Inventory Net
InventoryNet
155568000 USD
CY2017Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
202293000 USD
CY2018Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
219135000 USD
CY2018Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
131905000 USD
CY2017Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
125629000 USD
CY2018Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
87230000 USD
CY2017Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
76664000 USD
CY2015Q4 us-gaap Goodwill
Goodwill
75509000 USD
CY2016 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
684000 USD
CY2016Q4 us-gaap Goodwill
Goodwill
74825000 USD
CY2017 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-2195000 USD
CY2018Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Current Liabilities
PensionAndOtherPostretirementDefinedBenefitPlansCurrentLiabilities
2646000 USD
CY2017 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
7741000 USD
CY2017Q4 us-gaap Goodwill
Goodwill
84761000 USD
CY2018 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
2376000 USD
CY2018 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
858000 USD
CY2018Q4 us-gaap Goodwill
Goodwill
83243000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
58259000 USD
CY2017Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
58912000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
14902000 USD
CY2017Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
11540000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
43357000 USD
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IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
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IncomeTaxExpenseBenefit
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IncomeTaxExpenseBenefit
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CY2016 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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275000 USD
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IncomeTaxReconciliationStateAndLocalIncomeTaxes
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IncomeTaxReconciliationStateAndLocalIncomeTaxes
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IncomeTaxReconciliationDeductionsQualifiedProductionActivities
1039000 USD
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IncomeTaxReconciliationDeductionsQualifiedProductionActivities
618000 USD
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IncomeTaxReconciliationTaxCreditsResearch
531000 USD
CY2017 us-gaap Income Tax Reconciliation Tax Credits Research
IncomeTaxReconciliationTaxCreditsResearch
500000 USD
CY2016 us-gaap Income Tax Reconciliation Tax Credits Research
IncomeTaxReconciliationTaxCreditsResearch
329000 USD
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CY2017 alg Effective Income Tax Rate Reconciliation Global Intangible Low Taxed Income Amount
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CY2016 alg Effective Income Tax Rate Reconciliation Global Intangible Low Taxed Income Amount
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IncomeTaxReconciliationOtherAdjustments
219000 USD
CY2017 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
397000 USD
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CY2018 alg Effective Income Tax Rate Reconciliation Before Tax Cuts And Jobs Act Of2017 Percent
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IncomeTaxReconciliationChangeInEnactedTaxRate
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CY2016 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
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CY2018 us-gaap Income Tax Reconciliation Repatriation Of Foreign Earnings
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CY2017 us-gaap Income Tax Reconciliation Repatriation Of Foreign Earnings
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CY2016 us-gaap Income Tax Reconciliation Repatriation Of Foreign Earnings
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CY2017 alg Effective Income Tax Rate Reconciliation Tax Cuts And Jobs Act Of2017 Amount
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CY2016 alg Effective Income Tax Rate Reconciliation Tax Cuts And Jobs Act Of2017 Amount
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IncomeTaxExpenseBenefit
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CY2017 us-gaap Income Tax Expense Benefit
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CY2016 us-gaap Income Tax Expense Benefit
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672000 USD
CY2017Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
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549000 USD
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216000 USD
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CY2017Q4 us-gaap Deferred Tax Assets Net
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8052000 USD
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8944000 USD
CY2017Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
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7064000 USD
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749000 USD
CY2017Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
887000 USD
CY2018Q4 us-gaap Deferred Income Tax Liabilities
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CY2017Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
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CY2018Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
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CY2017Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
7376000 USD
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CY2018Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
236000 USD
CY2017Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
234000 USD
CY2017Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
234000 USD
CY2016Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
235000 USD
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63000 USD
CY2017 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
62000 USD
CY2018 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
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0 USD
CY2017 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
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0 USD
CY2018 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
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61000 USD
CY2017 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
63000 USD
CY2018Q4 us-gaap Unrecognized Tax Benefits
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236000 USD
CY2017Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
234000 USD
CY2018Q4 alg Tax Cuts And Jobs Act Incomplete Accounting Provisional Undistributed Accumulated Earnings Of Foreign Subsidiary
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3326000 USD
CY2018Q4 us-gaap Stock Repurchase Program Authorized Amount1
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30000000 USD
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2 plan
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542000 USD
CY2018Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
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18106000 USD
CY2017Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
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20327000 USD
CY2018 alg Defined Contribution Plan Number Of Plans
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2 plan
CY2018 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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1008822000 USD
CY2018Q4 us-gaap Assets
Assets
721633000 USD
CY2017Q4 us-gaap Assets
Assets
639671000 USD
CY2017 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
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CY2016 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
844748000 USD
CY2018 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1008822000 USD
CY2017 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
912380000 USD
CY2016 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
844748000 USD
CY2018 us-gaap Operating Income Loss
OperatingIncomeLoss
101088000 USD
CY2017 us-gaap Operating Income Loss
OperatingIncomeLoss
88738000 USD
CY2016 us-gaap Operating Income Loss
OperatingIncomeLoss
67620000 USD
CY2018Q4 us-gaap Goodwill
Goodwill
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CY2017Q4 us-gaap Goodwill
Goodwill
84761000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
2453000 USD
CY2017Q4 us-gaap Capital Leases Future Minimum Payments Due In Two Years
CapitalLeasesFutureMinimumPaymentsDueInTwoYears
94000 USD
CY2018 us-gaap Revenues
Revenues
1008822000 USD
CY2017 us-gaap Revenues
Revenues
912380000 USD
CY2016 us-gaap Revenues
Revenues
844748000 USD
CY2018Q4 us-gaap Noncurrent Assets
NoncurrentAssets
268041000 USD
CY2017Q4 us-gaap Noncurrent Assets
NoncurrentAssets
246097000 USD
CY2016Q4 us-gaap Noncurrent Assets
NoncurrentAssets
224190000 USD
CY2018 us-gaap Loss Contingency Disclosures
LossContingencyDisclosures
COMMITMENTS AND CONTINGENCIES<div><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:Arial;font-size:10pt;font-style:italic;font-weight:700;line-height:120%;">Leases</span></div><div><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:Arial;font-size:10pt;font-style:italic;font-weight:700;line-height:120%;"> </span></div><div style="text-indent:18pt;margin-bottom:10pt;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:Arial;font-size:10pt;line-height:120%;">The Company leases office space and equipment under various operating and capital leases, which generally are expected to be renewed or replaced by other leases.  As of December 31, 2018, future minimum lease payments under these non-cancelable leases are:</span></div><div style="text-align:center;margin-bottom:6pt;"><table style="margin-left:auto;margin-right:auto;border-collapse:collapse;text-align:left;text-indent:0pt;display:inline-table;width:99.990000%;"><tr><td style="width:1.0%;"/><td style="width:65.836257%;"/><td style="width:1.0%;"/><td style="width:0.1%;"/><td style="width:0.530994%;"/><td style="width:0.1%;"/><td style="width:1.0%;"/><td style="width:10.865497%;"/><td style="width:1.0%;"/><td style="width:1.0%;"/><td style="width:3.116959%;"/><td style="width:1.0%;"/><td style="width:1.0%;"/><td style="width:11.450292%;"/><td style="width:1.0%;"/></tr><tr><td colspan="15" style="padding-top:2px;padding-bottom:2px;height:24pt;background-color:rgb(255,255,255, 0.0);text-align:center;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"><span style="font-size:10pt;font-weight:700;font-family:Arial;color:#000000;background-color:rgb(255,255,255, 0.0);">Future Minimum Lease Payments </span></td><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #000;padding-left:1pt;padding-right:1pt;"><div><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:Arial;font-size:9pt;font-weight:400;line-height:100%;">  </span></div><div><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:Arial;font-size:9pt;font-weight:400;line-height:100%;">(in thousands)</span></div></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #000;padding-left:1pt;padding-right:1pt;"><div style="text-align:center;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:Arial;font-size:9pt;font-weight:700;line-height:100%;">Operating</span></div><div style="text-align:center;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:Arial;font-size:9pt;font-weight:700;line-height:100%;">Leases</span></div></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #000;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;border-top:1pt solid #000;padding-left:1pt;padding-right:1pt;"><div style="text-align:center;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:Arial;font-size:9pt;font-weight:700;line-height:100%;">Capitalized</span></div><div style="text-align:center;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:Arial;font-size:9pt;font-weight:700;line-height:100%;">Leases</span></div></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:middle;border-top:1pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:9pt;font-weight:400;font-family:Arial;color:#000000;background-color:rgb(255,255,255, 0.0);">2019</span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:middle;border-top:1pt solid #000000;padding-left:1pt;"><span style="font-size:9pt;font-weight:400;font-family:Arial;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:middle;border-top:1pt solid #000000;padding-right:1pt;"><span style="font-size:9pt;font-weight:400;font-family:Arial;color:#000000;background-color:rgb(255,255,255, 0.0);">3,310 </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:middle;border-top:1pt solid #000000;padding-left:1pt;"><span style="font-size:9pt;font-weight:400;font-family:Arial;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:middle;border-top:1pt solid #000000;padding-right:1pt;"><span style="font-size:9pt;font-weight:400;font-family:Arial;color:#000000;background-color:rgb(255,255,255, 0.0);">119 </span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><span style="font-size:9pt;font-weight:400;font-family:Arial;color:#000000;background-color:rgb(255,255,255, 0.0);">2020</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><span style="font-size:9pt;font-weight:400;font-family:Arial;color:#000000;background-color:rgb(255,255,255, 0.0);">2,453 </span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><span style="font-size:9pt;font-weight:400;font-family:Arial;color:#000000;background-color:rgb(255,255,255, 0.0);">94 </span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><span style="font-size:9pt;font-weight:400;font-family:Arial;color:#000000;background-color:rgb(255,255,255, 0.0);">2021</span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><span style="font-size:9pt;font-weight:400;font-family:Arial;color:#000000;background-color:rgb(255,255,255, 0.0);">1,308 </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><span style="font-size:9pt;font-weight:400;font-family:Arial;color:#000000;background-color:rgb(255,255,255, 0.0);">64 </span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><span style="font-size:9pt;font-weight:400;font-family:Arial;color:#000000;background-color:rgb(255,255,255, 0.0);">2022</span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><span style="font-size:9pt;font-weight:400;font-family:Arial;color:#000000;background-color:rgb(255,255,255, 0.0);">743 </span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><span style="font-size:9pt;font-weight:400;font-family:Arial;color:#000000;background-color:rgb(255,255,255, 0.0);">21 </span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><span style="font-size:9pt;font-weight:400;font-family:Arial;color:#000000;background-color:rgb(255,255,255, 0.0);">2023</span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><span style="font-size:9pt;font-weight:400;font-family:Arial;color:#000000;background-color:rgb(255,255,255, 0.0);">419 </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><span style="font-size:9pt;font-weight:400;font-family:Arial;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><span style="font-size:9pt;font-weight:400;font-family:Arial;color:#000000;background-color:rgb(255,255,255, 0.0);">Thereafter </span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><span style="font-size:9pt;font-weight:400;font-family:Arial;color:#000000;background-color:rgb(255,255,255, 0.0);">79 </span></td><td colspan="3" style="background-color:rgb(255,255,255, 0.0);text-align:left;vertical-align:bottom;padding-left:1pt;padding-right:1pt;"/><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:rgb(255,255,255, 0.0);text-align:right;vertical-align:middle;padding-left:1pt;padding-right:1pt;"><span style="font-size:9pt;font-weight:400;font-family:Arial;color:#000000;background-color:rgb(255,255,255, 0.0);">— </span></td></tr><tr><td colspan="3" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:middle;border-top:1pt solid #000000;padding-left:1pt;padding-right:1pt;"><span style="font-size:9pt;font-weight:400;font-family:Arial;color:#000000;background-color:rgb(255,255,255, 0.0);">Total minimum lease payments </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:middle;border-top:1pt solid #000000;padding-left:1pt;"><span style="font-size:9pt;font-weight:400;font-family:Arial;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:middle;border-top:1pt solid #000000;padding-right:1pt;"><span style="font-size:9pt;font-weight:400;font-family:Arial;color:#000000;background-color:rgb(255,255,255, 0.0);">8,312 </span></td><td colspan="3" style="background-color:#cceeff;text-align:left;vertical-align:bottom;border-top:1pt solid #000000;padding-left:1pt;padding-right:1pt;"/><td style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:left;vertical-align:middle;border-top:1pt solid #000000;padding-left:1pt;"><span style="font-size:9pt;font-weight:400;font-family:Arial;color:#000000;background-color:rgb(255,255,255, 0.0);">$</span></td><td colspan="2" style="padding-top:2px;padding-bottom:2px;background-color:#cceeff;text-align:right;vertical-align:middle;border-top:1pt solid #000000;padding-right:1pt;"><span style="font-size:9pt;font-weight:400;font-family:Arial;color:#000000;background-color:rgb(255,255,255, 0.0);">298 </span></td></tr><tr><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/></tr><tr><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/></tr><tr><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/></tr><tr><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/><td colspan="3" style="display:none;"/></tr></table></div><div><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:Arial;font-size:10pt;line-height:120%;">     </span></div><div style="text-indent:18pt;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:Arial;font-size:10pt;line-height:120%;">Rental expense for operating leases was $5,087,000 for 2018, $4,788,000 for 2017, and $4,060,000 for 2016.</span></div><div><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:Arial;font-size:10pt;font-style:italic;font-weight:700;line-height:120%;">Other Commitments</span></div><div><span><br/></span></div><div style="text-indent:18pt;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:Arial;font-size:10pt;line-height:120%;"> Like other manufacturers, the Company is subject to a broad range of federal, state, local and foreign laws and requirements, including those concerning air emissions, discharges into waterways, and the generation, handling, storage, transportation, treatment and disposal of hazardous substances and waste materials, as well as the remediation of contamination associated with releases of hazardous substances at the Company’s facilities and off-site disposal locations, workplace safety and equal employment opportunities. These laws and regulations are constantly changing, and it is impossible to predict with accuracy the effect that changes to such laws and regulations may have on the Company in the future. Like other industrial concerns, the Company’s manufacturing operations entail the risk of noncompliance, and there can be no assurance that the Company will not incur material costs or other liabilities as a result thereof.</span></div>
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
3310000 USD
CY2017Q4 us-gaap Capital Leases Future Minimum Payments Due Current
CapitalLeasesFutureMinimumPaymentsDueCurrent
119000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
1308000 USD
CY2018Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
238087000 USD
CY2016 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
4060000 USD
CY2017Q4 us-gaap Capital Leases Future Minimum Payments Due In Three Years
CapitalLeasesFutureMinimumPaymentsDueInThreeYears
64000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
743000 USD
CY2017Q4 us-gaap Capital Leases Future Minimum Payments Due In Four Years
CapitalLeasesFutureMinimumPaymentsDueInFourYears
21000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
419000 USD
CY2017Q4 us-gaap Capital Leases Future Minimum Payments Due In Five Years
CapitalLeasesFutureMinimumPaymentsDueInFiveYears
0 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
79000 USD
CY2017Q4 us-gaap Capital Leases Future Minimum Payments Due Thereafter
CapitalLeasesFutureMinimumPaymentsDueThereafter
0 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
8312000 USD
CY2018Q4 us-gaap Capital Leases Future Minimum Payments Due
CapitalLeasesFutureMinimumPaymentsDue
298000 USD
CY2018 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
5087000 USD
CY2017 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
4788000 USD
CY2018Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
257125000 USD
CY2018Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
257572000 USD
CY2018Q4 us-gaap Net Income Loss
NetIncomeLoss
16589000 USD
CY2017Q1 us-gaap Net Income Loss
NetIncomeLoss
12167000 USD
CY2017Q2 us-gaap Net Income Loss
NetIncomeLoss
12316000 USD
CY2018Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
256038000 USD
CY2017Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
215389000 USD
CY2017Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
213276000 USD
CY2017Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
240455000 USD
CY2017Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
243260000 USD
CY2018Q1 us-gaap Gross Profit
GrossProfit
60257000 USD
CY2018Q2 us-gaap Gross Profit
GrossProfit
66454000 USD
CY2018Q3 us-gaap Gross Profit
GrossProfit
66772000 USD
CY2018Q4 us-gaap Gross Profit
GrossProfit
62632000 USD
CY2017Q1 us-gaap Gross Profit
GrossProfit
54164000 USD
CY2017Q2 us-gaap Gross Profit
GrossProfit
54679000 USD
CY2017Q3 us-gaap Gross Profit
GrossProfit
64939000 USD
CY2017Q4 us-gaap Gross Profit
GrossProfit
60911000 USD
CY2018Q1 us-gaap Net Income Loss
NetIncomeLoss
14583000 USD
CY2018Q2 us-gaap Net Income Loss
NetIncomeLoss
18771000 USD
CY2018Q3 us-gaap Net Income Loss
NetIncomeLoss
23543000 USD
CY2017Q3 us-gaap Net Income Loss
NetIncomeLoss
16592000 USD
CY2017Q4 us-gaap Net Income Loss
NetIncomeLoss
3240000 USD
CY2018Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.24
CY2018Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.60
CY2018Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.00
CY2018Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.41
CY2017Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.05
CY2017Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.05
CY2017Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.42
CY2017Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.27
CY2018Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
11739000 shares
CY2018Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
11759000 shares
CY2018Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
11777000 shares
CY2018Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
11768000 shares
CY2017Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
11620000 shares
CY2017Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
11671000 shares
CY2017Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
11708000 shares
CY2017Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
11727000 shares
CY2018Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.11
CY2018Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.11
CY2018Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.11
CY2018Q4 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.11
CY2017Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.10
CY2017Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.10
CY2017Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.10
CY2017Q4 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.10
CY2017Q4 alg Tax Cuts And Jobs Act Of2017 Incomplete Accounting Transition Tax For Accumulated Foreign Earnings Provisional Income Tax Expense
TaxCutsAndJobsActOf2017IncompleteAccountingTransitionTaxForAccumulatedForeignEarningsProvisionalIncomeTaxExpense
10100000 USD

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