2015 Q4 Form 10-Q Financial Statement

#000157924115000046 Filed on October 29, 2015

View on sec.gov

Income Statement

Concept 2015 Q4 2015 Q3 2014 Q3
Revenue $545.4M $544.5M $546.7M
YoY Change -4.9% -0.4% 3.35%
Cost Of Revenue $315.2M $304.5M $310.1M
YoY Change -15.7% -1.81% 6.71%
Gross Profit $230.2M $240.0M $236.6M
YoY Change 15.33% 1.44% -0.76%
Gross Profit Margin 42.21% 44.08% 43.28%
Selling, General & Admin $138.0M $129.6M $130.5M
YoY Change 2.76% -0.69% 6.79%
% of Gross Profit 59.95% 54.0% 55.16%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $15.70M $12.70M $12.10M
YoY Change 27.64% 4.96% 7.08%
% of Gross Profit 6.82% 5.29% 5.11%
Operating Expenses $138.0M $129.6M $130.5M
YoY Change 2.76% -0.69% 6.79%
Operating Profit $92.20M $110.4M $106.1M
YoY Change 41.19% 4.05% -595.79%
Interest Expense -$17.10M $13.70M $12.70M
YoY Change -30.77% 7.87% 2440.0%
% of Operating Profit -18.55% 12.41% 11.97%
Other Income/Expense, Net $8.900M $3.200M $2.000M
YoY Change 493.33% 60.0% -1100.0%
Pretax Income $75.80M -$6.800M $95.40M
YoY Change 87.62% -107.13% -531.67%
Income Tax $3.800M $19.40M $27.30M
% Of Pretax Income 5.01% 28.62%
Net Earnings $71.90M -$27.30M $60.80M
YoY Change 100.84% -144.9% -177.85%
Net Earnings / Revenue 13.18% -5.01% 11.12%
Basic Earnings Per Share -$0.28 $0.63
Diluted Earnings Per Share $742.0K -$0.28 $0.63
COMMON SHARES
Basic Shares Outstanding 95.91M shares 95.90M shares 95.90M shares
Diluted Shares Outstanding 95.90M shares 96.90M shares

Balance Sheet

Concept 2015 Q4 2015 Q3 2014 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $199.7M $175.2M $251.4M
YoY Change -31.26% -30.31% -31.78%
Cash & Equivalents $199.7M $175.2M $251.4M
Short-Term Investments
Other Short-Term Assets $17.40M $56.80M $61.00M
YoY Change -24.02% -6.89% 31.75%
Inventory $204.1M $216.3M $180.7M
Prepaid Expenses
Receivables $303.4M $273.1M $287.3M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $735.1M $875.7M $934.0M
YoY Change -26.61% -6.24% -6.89%
LONG-TERM ASSETS
Property, Plant & Equipment $224.8M $227.9M $212.5M
YoY Change 8.49% 7.25% 2.86%
Goodwill $714.1M $823.4M $509.9M
YoY Change 47.42% 61.48%
Intangibles $372.4M $260.3M $133.1M
YoY Change 196.97% 95.57%
Long-Term Investments
YoY Change
Other Assets $124.7M $221.7M $202.7M
YoY Change -0.24% 9.37% 213.78%
Total Long-Term Assets $1.528B $1.533B $1.058B
YoY Change 50.65% 44.9% 14.77%
TOTAL ASSETS
Total Short-Term Assets $735.1M $875.7M $934.0M
Total Long-Term Assets $1.528B $1.533B $1.058B
Total Assets $2.263B $2.409B $1.992B
YoY Change 12.26% 20.92% 3.49%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $175.1M $180.2M $222.9M
YoY Change -0.28% -19.16% 6.35%
Accrued Expenses $124.9M $196.3M $211.0M
YoY Change 26.42% -6.97% 32.21%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change -100.0%
Long-Term Debt Due $65.60M $59.00M $30.30M
YoY Change 32.26% 94.72% 10000.0%
Total Short-Term Liabilities $447.1M $517.2M $464.2M
YoY Change -16.04% 11.42% 24.92%
LONG-TERM LIABILITIES
Long-Term Debt $1.458B $1.576B $1.249B
YoY Change 19.96% 26.15% 46166.67%
Other Long-Term Liabilities $63.30M $287.9M $272.8M
YoY Change -10.72% 5.54% 76.23%
Total Long-Term Liabilities $1.521B $1.864B $1.522B
YoY Change 18.27% 22.46% 866.35%
TOTAL LIABILITIES
Total Short-Term Liabilities $447.1M $517.2M $464.2M
Total Long-Term Liabilities $1.521B $1.864B $1.522B
Total Liabilities $2.233B $2.381B $1.986B
YoY Change 11.81% 19.88% 202.45%
SHAREHOLDERS EQUITY
Retained Earnings $232.4M $170.2M $95.40M
YoY Change 63.2% 78.41%
Common Stock $1.000M $1.000M $1.000M
YoY Change 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $25.60M $14.50M -$30.70M
YoY Change
Total Liabilities & Shareholders Equity $2.263B $2.409B $1.992B
YoY Change 12.26% 20.92% 3.49%

Cashflow Statement

Concept 2015 Q4 2015 Q3 2014 Q3
OPERATING ACTIVITIES
Net Income $71.90M -$27.30M $60.80M
YoY Change 100.84% -144.9% -177.85%
Depreciation, Depletion And Amortization $15.70M $12.70M $12.10M
YoY Change 27.64% 4.96% 7.08%
Cash From Operating Activities $131.5M $92.30M $108.2M
YoY Change 56.73% -14.7% 9.96%
INVESTING ACTIVITIES
Capital Expenditures -$7.900M -$8.700M -$13.80M
YoY Change -32.48% -36.96% 318.18%
Acquisitions
YoY Change
Other Investing Activities $8.500M -$459.2M $1.100M
YoY Change -486.36% -41845.45% -95.13%
Cash From Investing Activities $600.0K -$467.9M -$12.70M
YoY Change -104.32% 3584.25% -165.8%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -105.9M 353.5M -34.80M
YoY Change 260.2% -1115.8% -60.45%
NET CHANGE
Cash From Operating Activities 131.5M 92.30M 108.2M
Cash From Investing Activities 600.0K -467.9M -12.70M
Cash From Financing Activities -105.9M 353.5M -34.80M
Net Change In Cash 26.20M -22.10M 60.70M
YoY Change -35.47% -136.41% 104.38%
FREE CASH FLOW
Cash From Operating Activities $131.5M $92.30M $108.2M
Capital Expenditures -$7.900M -$8.700M -$13.80M
Free Cash Flow $139.4M $101.0M $122.0M
YoY Change 45.82% -17.21% 19.96%

Facts In Submission

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us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
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CY2014Q3 us-gaap Effective Income Tax Rate Continuing Operations
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0.286
us-gaap Effective Income Tax Rate Continuing Operations
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us-gaap Effective Income Tax Rate Continuing Operations
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CY2014Q3 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
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us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
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3600000 USD
CY2015Q3 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
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900000 USD
us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
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3400000 USD
CY2014Q3 us-gaap Environmental Remediation Expense
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us-gaap Environmental Remediation Expense
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1800000 USD
CY2015Q3 us-gaap Environmental Remediation Expense
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900000 USD
us-gaap Environmental Remediation Expense
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3200000 USD
CY2014Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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CY2015Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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105000000 USD
CY2015Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
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10900000 USD
CY2015Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
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17200000 USD
CY2015Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
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17200000 USD
CY2015Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
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17200000 USD
CY2015Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
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17200000 USD
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221300000 USD
CY2015Q3 us-gaap Finite Lived Intangible Assets Gross
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326100000 USD
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CY2015Q3 us-gaap Finite Lived Intangible Assets Net
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221100000 USD
CY2015Q3 us-gaap Foreign Currency Cash Flow Hedge Gain Loss To Be Reclassified During Next12 Months
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1700000 USD
CY2014Q3 us-gaap Foreign Currency Transaction Gain Loss Before Tax
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1700000 USD
us-gaap Foreign Currency Transaction Gain Loss Before Tax
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2300000 USD
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200000 USD
us-gaap Foreign Currency Transaction Gain Loss Before Tax
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us-gaap Income Loss From Equity Method Investments
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us-gaap Foreign Currency Transaction Loss Before Tax
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2800000 USD
us-gaap Gain Loss On Sale Of Business
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CY2014Q4 us-gaap Goodwill
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CY2015Q3 us-gaap Goodwill
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CY2014Q4 us-gaap Goodwill Gross
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969900000 USD
CY2014Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
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us-gaap Goodwill Period Increase Decrease
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354400000 USD
us-gaap Goodwill Translation Adjustments
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us-gaap Goodwill Written Off Related To Sale Of Business Unit
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CY2014Q3 us-gaap Income Loss From Continuing Operations
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us-gaap Income Loss From Continuing Operations
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150600000 USD
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us-gaap Income Loss From Continuing Operations
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CY2014Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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228000000 USD
CY2015Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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133500000 USD
CY2014Q3 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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68100000 USD
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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161200000 USD
CY2015Q3 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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82700000 USD
CY2014Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
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0.65
us-gaap Income Loss From Continuing Operations Per Basic Share
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us-gaap Income Loss From Continuing Operations Per Basic Share
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0.86
CY2014Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
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us-gaap Income Loss From Continuing Operations Per Diluted Share
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us-gaap Income Loss From Continuing Operations Per Diluted Share
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0.85
CY2014Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax
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us-gaap Income Loss From Discontinued Operations Net Of Tax
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CY2015Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax
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us-gaap Income Loss From Discontinued Operations Net Of Tax
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us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
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CY2015Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
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us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
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us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
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0.00
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
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us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
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0.00
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
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0.00
CY2014Q3 us-gaap Income Loss From Equity Method Investments
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0 USD
us-gaap Income Loss From Equity Method Investments
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0 USD
CY2015Q3 us-gaap Income Loss From Equity Method Investments
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CY2014Q3 us-gaap Income Tax Expense Benefit
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27300000 USD
us-gaap Income Tax Expense Benefit
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66800000 USD
CY2015Q3 us-gaap Income Tax Expense Benefit
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19400000 USD
us-gaap Income Tax Expense Benefit
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50800000 USD
us-gaap Increase Decrease In Other Operating Capital Net
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22900000 USD
us-gaap Increase Decrease In Other Operating Capital Net
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98700000 USD
CY2014Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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1100000 shares
CY2015Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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0 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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CY2015Q3 us-gaap Intangible Assets Net Excluding Goodwill
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CY2014Q4 us-gaap Intangible Assets Net Including Goodwill
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CY2014Q3 us-gaap Interest Expense
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us-gaap Interest Expense
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38300000 USD
CY2015Q3 us-gaap Interest Expense
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us-gaap Interest Expense
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CY2015Q3 us-gaap Inventory Finished Goods
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169300000 USD
CY2015Q3 us-gaap Inventory Net
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216300000 USD
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52700000 USD
CY2015Q3 us-gaap Inventory Raw Materials
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CY2014Q4 us-gaap Inventory Work In Process
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34300000 USD
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us-gaap Investment Income Interest
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400000 USD
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300000 USD
us-gaap Investment Income Interest
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1100000 USD
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CY2015Q3 us-gaap Investments In And Advances To Affiliates At Fair Value
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CY2015Q3 us-gaap Liabilities
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CY2015Q3 us-gaap Liabilities Current
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81700000 USD
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us-gaap Restructuring And Related Cost Incurred Cost
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us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
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4500000 USD
CY2014Q4 us-gaap Minority Interest
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CY2015Q3 us-gaap Minority Interest
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10600000 USD
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us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
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us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
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us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Net Cash Provided By Used In Operating Activities
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us-gaap Net Cash Provided By Used In Operating Activities
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us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
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174800000 USD
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
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us-gaap Net Income Loss
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us-gaap Net Income Loss
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us-gaap Number Of Reportable Segments
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us-gaap Operating Income Loss
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CY2015Q3 us-gaap Operating Income Loss
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us-gaap Operating Income Loss
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us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Before Tax
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us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Before Tax
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CY2015Q3 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
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us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
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CY2015Q3 us-gaap Other Comprehensive Income Loss Available For Sale Securities Tax
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us-gaap Other Comprehensive Income Loss Available For Sale Securities Tax
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us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
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us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
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us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
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us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
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us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
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us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
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us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
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us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax
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us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax
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us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
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us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
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us-gaap Payments For Repurchase Of Common Stock
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us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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us-gaap Payments To Acquire Productive Assets
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us-gaap Payments To Acquire Productive Assets
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us-gaap Proceeds From Issuance Of Long Term Debt
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CY2014Q3 us-gaap Profit Loss
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us-gaap Profit Loss
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us-gaap Profit Loss
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us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Before Tax
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us-gaap Repayments Of Lines Of Credit
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us-gaap Repayments Of Long Term Debt
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24400000 USD
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142400000 USD
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us-gaap Sales Revenue Net
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us-gaap Sales Revenue Net
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CY2014Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
130500000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
391600000 USD
CY2015Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
129600000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
371800000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.0060
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.0069
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.3655
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.3402
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0194
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0178
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P6Y0M0D
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P6Y0M0D
CY2013Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
9400000 USD
CY2014Q3 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
9800000 USD
CY2014Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
9800000 USD
CY2015Q3 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
11000000 USD
us-gaap Standard Product Warranty Accrual Currency Translation Increase Decrease
StandardProductWarrantyAccrualCurrencyTranslationIncreaseDecrease
-100000 USD
us-gaap Standard Product Warranty Accrual Currency Translation Increase Decrease
StandardProductWarrantyAccrualCurrencyTranslationIncreaseDecrease
-200000 USD
us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
3800000 USD
us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
3700000 USD
us-gaap Standard Product Warranty Accrual Preexisting Increase Decrease
StandardProductWarrantyAccrualPreexistingIncreaseDecrease
-700000 USD
us-gaap Standard Product Warranty Accrual Preexisting Increase Decrease
StandardProductWarrantyAccrualPreexistingIncreaseDecrease
700000 USD
us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
5000000 USD
us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
4400000 USD
us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
16400000 USD
us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
12100000 USD
CY2014Q4 us-gaap Stockholders Equity
StockholdersEquity
-4800000 USD
CY2015Q3 us-gaap Stockholders Equity
StockholdersEquity
14500000 USD
CY2013Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-35000000 USD
CY2014Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
27000000 USD
CY2014Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
18500000 USD
CY2015Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
28000000 USD
us-gaap Stockholders Equity Other
StockholdersEquityOther
3300000 USD
us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
500000 shares
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
-50300000 USD
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
30000000 USD
CY2014Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
96900000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
97300000 shares
CY2015Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
95900000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
96900000 shares
CY2014Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
95900000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
96200000 shares
CY2015Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
95900000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
95800000 shares
alle Reconciliation Of Ordinary Shares
ReconciliationOfOrdinaryShares
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The reconciliation of Ordinary shares is as follows:</font></div><div style="line-height:120%;padding-top:12px;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="3" rowspan="1"></td></tr><tr><td width="81%" rowspan="1" colspan="1"></td><td width="18%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-style:italic;font-weight:bold;">In millions</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Total</font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2014</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">95.8</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Shares issued under incentive plans, net</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">0.6</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:top;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Repurchase of ordinary shares</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(0.5</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2015</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">95.9</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div>

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