2015 Q4 Form 10-K Financial Statement

#000151499117000006 Filed on February 24, 2017

View on sec.gov

Income Statement

Concept 2015 Q4 2015 Q3 2015 Q2
Revenue $679.0M $632.2M $601.1M
YoY Change 11.4% 21.68% 15.14%
Cost Of Revenue $305.7M $293.1M $259.7M
YoY Change 20.31% 16.05% 11.93%
Gross Profit $373.2M $339.1M $341.4M
YoY Change 5.04% 26.99% 17.71%
Gross Profit Margin 54.97% 53.64% 56.79%
Selling, General & Admin $166.8M $156.3M $158.9M
YoY Change 19.06% 17.66% 11.97%
% of Gross Profit 44.69% 46.1% 46.54%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $20.60M $20.80M $21.10M
YoY Change 9.57% 13.66% 20.57%
% of Gross Profit 5.52% 6.13% 6.18%
Operating Expenses $187.4M $156.3M $158.9M
YoY Change 17.86% 17.66% 11.97%
Operating Profit $160.3M $159.3M $158.8M
YoY Change 0.84% 44.49% 22.68%
Interest Expense -$29.50M $31.93M $32.57M
YoY Change -17.37% 0.83% -3.99%
% of Operating Profit -18.4% 20.05% 20.51%
Other Income/Expense, Net $5.300M -$39.01M -$20.40M
YoY Change -378.95% -9.45% -37.7%
Pretax Income $136.2M $120.3M $138.4M
YoY Change 11.55% 79.1% 43.11%
Income Tax $45.50M $43.36M $51.00M
% Of Pretax Income 33.41% 36.05% 36.84%
Net Earnings $90.09M $72.77M $83.01M
YoY Change 16.07% 36.89% 41.52%
Net Earnings / Revenue 13.27% 11.51% 13.81%
Basic Earnings Per Share $1.24 $1.00 $1.15
Diluted Earnings Per Share $1.23 $0.99 $1.14
COMMON SHARES
Basic Shares Outstanding 72.50M shares 72.45M shares
Diluted Shares Outstanding 73.22M shares 73.13M shares

Balance Sheet

Concept 2015 Q4 2015 Q3 2015 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $316.3M $241.1M
YoY Change 57.05% -15.11%
Cash & Equivalents $316.3M $307.6M $241.1M
Short-Term Investments
Other Short-Term Assets $526.2M $598.3M $534.4M
YoY Change -1.9% 17.27% 5.93%
Inventory
Prepaid Expenses
Receivables $674.6M $571.5M $607.0M
Other Receivables $4.100M $4.000M $4.000M
Total Short-Term Assets $1.521B $1.481B $1.386B
YoY Change 14.45% 14.48% 5.79%
LONG-TERM ASSETS
Property, Plant & Equipment $163.9M $145.2M $140.3M
YoY Change 22.43% 17.33% 7.91%
Goodwill $736.3M $717.1M $727.2M
YoY Change 0.26% 20.94% 20.81%
Intangibles $569.1M $569.5M $582.4M
YoY Change -6.82% 10.11% 12.37%
Long-Term Investments
YoY Change
Other Assets $191.9M $227.2M $208.6M
YoY Change 23.79% 60.37% 74.22%
Total Long-Term Assets $2.729B $2.688B $2.723B
YoY Change 4.15% 13.47% 14.65%
TOTAL ASSETS
Total Short-Term Assets $1.521B $1.481B $1.386B
Total Long-Term Assets $2.729B $2.688B $2.723B
Total Assets $4.251B $4.170B $4.110B
YoY Change 7.62% 13.83% 11.5%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $71.15M $135.8M $146.3M
YoY Change -30.16% 47.3% 10.86%
Accrued Expenses $254.0M $184.2M $154.1M
YoY Change 24.05% 0.79% 20.97%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change -100.0%
Long-Term Debt Due $151.6M $132.4M $114.1M
YoY Change 96.88% 126.71% 186.68%
Total Short-Term Liabilities $830.9M $807.2M $765.7M
YoY Change 13.55% 27.21% 23.24%
LONG-TERM LIABILITIES
Long-Term Debt $2.520B $2.576B $2.613B
YoY Change -5.23% -4.7% -3.99%
Other Long-Term Liabilities $103.5M $94.02M $74.70M
YoY Change 21.08% 2.69% -21.77%
Total Long-Term Liabilities $2.623B $2.670B $2.688B
YoY Change -4.41% -4.46% -4.59%
TOTAL LIABILITIES
Total Short-Term Liabilities $830.9M $807.2M $765.7M
Total Long-Term Liabilities $2.623B $2.670B $2.688B
Total Liabilities $4.048B $4.053B $4.070B
YoY Change -1.21% 0.04% -0.3%
SHAREHOLDERS EQUITY
Retained Earnings $24.88M -$65.19M -$138.0M
YoY Change -107.28% -84.46% -70.81%
Common Stock $123.2M $115.6M $107.5M
YoY Change 22.37% 24.65% 27.69%
Preferred Stock
YoY Change
Treasury Stock (at cost) $51.99M $51.99M $51.99M
YoY Change 0.0% 9.22% 9.22%
Treasury Stock Shares 1.210M shares
Shareholders Equity -$39.28M -$118.9M -$192.7M
YoY Change
Total Liabilities & Shareholders Equity $4.251B $4.170B $4.110B
YoY Change 7.62% 13.83% 11.5%

Cashflow Statement

Concept 2015 Q4 2015 Q3 2015 Q2
OPERATING ACTIVITIES
Net Income $90.09M $72.77M $83.01M
YoY Change 16.07% 36.89% 41.52%
Depreciation, Depletion And Amortization $20.60M $20.80M $21.10M
YoY Change 9.57% 13.66% 20.57%
Cash From Operating Activities $69.00M $110.8M $110.0M
YoY Change -39.42% 31.59% 9.34%
INVESTING ACTIVITIES
Capital Expenditures -$19.50M -$15.70M -$14.90M
YoY Change 26.62% 185.45% 18.25%
Acquisitions
YoY Change
Other Investing Activities -$17.60M $0.00 $1.000M
YoY Change -88.7% -100.0%
Cash From Investing Activities -$37.20M -$15.70M -$13.90M
YoY Change -78.26% -61.52% 10.32%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -18.60M -19.20M -60.50M
YoY Change 541.38% 6300.0%
NET CHANGE
Cash From Operating Activities 69.00M 110.8M 110.0M
Cash From Investing Activities -37.20M -15.70M -13.90M
Cash From Financing Activities -18.60M -19.20M -60.50M
Net Change In Cash 13.20M 75.90M 35.60M
YoY Change -121.96% 76.1% -59.55%
FREE CASH FLOW
Cash From Operating Activities $69.00M $110.8M $110.0M
Capital Expenditures -$19.50M -$15.70M -$14.90M
Free Cash Flow $88.50M $126.5M $124.9M
YoY Change -31.55% 41.03% 10.34%

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67735000 USD
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364442000 USD
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173917000 USD
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1629288000 USD
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437935000 USD
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442304000 USD
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CostsAndExpenses
472897000 USD
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CostsAndExpenses
518606000 USD
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1871742000 USD
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447920000 USD
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506800000 USD
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517509000 USD
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625869000 USD
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2098098000 USD
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111047000 USD
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146915000 USD
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120634000 USD
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13837000 USD
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14508000 USD
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22946000 USD
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135766000 USD
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177136000 USD
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154832000 USD
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10882000 USD
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15713000 USD
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11252000 USD
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23675000 USD
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5753000 USD
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1207000 USD
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11642000 USD
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-1373000 USD
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1300000 USD
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2515000 USD
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40000000 USD
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45312000 USD
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49710000 USD
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261000 USD
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421000 USD
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41000000 USD
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137194000 USD
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254122000 USD
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280255000 USD
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154215000 USD
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820000 USD
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819000 USD
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69048000 USD
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83031000 USD
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84778000 USD
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69048000 USD
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83031000 USD
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84778000 USD
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-75000 USD
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2104000 USD
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0.21
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3.77
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3.58
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1.66
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1.14
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0.99
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1.23
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5.01
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1.55
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1.05
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0.91
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0.20
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3.74
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0.32
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0.35
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0.35
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0
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0.01
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0
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0.02
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0.02
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0.01
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0.01
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0.05
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0.02
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0.03
CY2016 us-gaap Effective Income Tax Rate Reconciliation Deductions Qualified Production Activities
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0.03
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-0.02
CY2015 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
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-0.02
CY2016 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
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-0.01
CY2014 us-gaap Effective Income Tax Rate Reconciliation Minority Interest Income Expense
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-0.01
CY2015 us-gaap Effective Income Tax Rate Reconciliation Minority Interest Income Expense
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-0.01
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-0.01
CY2016 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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0.02
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119931000 USD
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122590000 USD
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89594000 USD
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P2Y266D
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789000 USD
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6798000 USD
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4610000 USD
CY2016 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
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789000 USD
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6798000 USD
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4610000 USD
CY2016 us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
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789000 USD
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139562000 USD
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119551000 USD
CY2016Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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150228000 USD
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35323000 USD
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34988000 USD
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35300000 USD
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35303000 USD
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35316000 USD
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648831000 USD
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615996000 USD
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529280000 USD
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465768000 USD
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-23729000 USD
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-21990000 USD
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-38951000 USD
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27244000 USD
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-6040000 USD
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2546000 USD
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17652000 USD
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22909000 USD
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384853000 USD
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-26775000 USD
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-37770000 USD
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4789000 USD
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16632000 USD
CY2016 us-gaap Gain Loss On Sale Of Investments
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0 USD
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0 USD
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0 USD
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-50639000 USD
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Goodwill
657708000 USD
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-42737000 USD
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566444000 USD
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500757000 USD
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397028000 USD
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582794000 USD
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454825000 USD
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12175000 USD
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16350000 USD
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
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-45932000 USD
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267873000 USD
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381704000 USD
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289963000 USD
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3.67
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1.67
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1.15
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1.00
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1.24
CY2015 us-gaap Income Loss From Continuing Operations Per Basic Share
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5.06
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1.56
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1.06
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0.91
CY2016Q4 us-gaap Income Loss From Continuing Operations Per Basic Share
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0.21
CY2016 us-gaap Income Loss From Continuing Operations Per Basic Share
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3.77
CY2014 us-gaap Income Loss From Continuing Operations Per Diluted Share
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3.63
CY2015Q1 us-gaap Income Loss From Continuing Operations Per Diluted Share
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1.66
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1.14
CY2015Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.99
CY2015Q4 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
1.23
CY2015 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
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CY2016Q1 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
1.55
CY2016Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.91
CY2016Q4 us-gaap Income Loss From Continuing Operations Per Diluted Share
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0.20
CY2016Q2 us-gaap Income Loss From Continuing Operations Per Diluted Share
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1.05
CY2016 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
3.74
CY2014 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-3448000 USD
CY2015 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
0 USD
CY2016 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
0 USD
CY2014 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
-0.05
CY2015 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.00
CY2016 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.00
CY2014 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-0.05
CY2015 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.00
CY2016 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.00
CY2015 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
0 USD
CY2016 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
0 USD
CY2014 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
129155000 USD
CY2015 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
201090000 USD
CY2016 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
164862000 USD
CY2014 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
-7818000 USD
CY2015 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
4338000 USD
CY2016 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
-1612000 USD
CY2014 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
99772000 USD
CY2015 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
186725000 USD
CY2016 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
106476000 USD
CY2014 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
87472000 USD
CY2015 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
42351000 USD
CY2016 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
33115000 USD
CY2014 us-gaap Increase Decrease In Accounts Receivable
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72984000 USD
CY2015 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
111005000 USD
CY2016 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
30050000 USD
CY2014 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
24140000 USD
CY2015 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-4796000 USD
CY2016 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
43153000 USD
CY2014 us-gaap Increase Decrease In Deferred Charges
IncreaseDecreaseInDeferredCharges
13063000 USD
CY2015 us-gaap Increase Decrease In Deferred Charges
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19616000 USD
CY2016 us-gaap Increase Decrease In Deferred Charges
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10396000 USD
CY2014 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
10293000 USD
CY2015 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
27495000 USD
CY2016 us-gaap Increase Decrease In Deferred Revenue
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-9836000 USD
CY2014 us-gaap Increase Decrease In Due From Related Parties Current
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-2768000 USD
CY2015 us-gaap Increase Decrease In Due From Related Parties Current
IncreaseDecreaseInDueFromRelatedPartiesCurrent
-41000 USD
CY2016 us-gaap Increase Decrease In Due From Related Parties Current
IncreaseDecreaseInDueFromRelatedPartiesCurrent
-3554000 USD
CY2014 us-gaap Increase Decrease In Notes Payable Current
IncreaseDecreaseInNotesPayableCurrent
40000000 USD
CY2015 us-gaap Increase Decrease In Notes Payable Current
IncreaseDecreaseInNotesPayableCurrent
0 USD
CY2016 us-gaap Increase Decrease In Notes Payable Current
IncreaseDecreaseInNotesPayableCurrent
0 USD
CY2014 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
3869000 USD
CY2015 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
24355000 USD
CY2016 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
4981000 USD
CY2015Q4 us-gaap Indefinite Lived Trademarks
IndefiniteLivedTrademarks
19900000 USD
CY2016Q4 us-gaap Indefinite Lived Trademarks
IndefiniteLivedTrademarks
20041000 USD
CY2015Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
668731000 USD
CY2016Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
636037000 USD
CY2015Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
549180000 USD
CY2016Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
485809000 USD
CY2014 us-gaap Interest Expense
InterestExpense
130262000 USD
CY2015 us-gaap Interest Expense
InterestExpense
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CY2016 us-gaap Interest Expense
InterestExpense
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InterestIncomeExpenseNet
-125708000 USD
CY2016 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
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CY2014 us-gaap Interest Paid
InterestPaid
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CY2015 us-gaap Interest Paid
InterestPaid
120394000 USD
CY2016 us-gaap Interest Paid
InterestPaid
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CY2016Q4 us-gaap Interest Payable Current
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15770000 USD
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InvestmentIncomeInterest
1433000 USD
CY2015 us-gaap Investment Income Interest
InvestmentIncomeInterest
2427000 USD
CY2016 us-gaap Investment Income Interest
InvestmentIncomeInterest
5064000 USD
CY2014 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
22885000 USD
CY2015 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
25840000 USD
CY2016 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
29414000 USD
CY2015Q4 us-gaap Liabilities
Liabilities
4047556000 USD
CY2016Q4 us-gaap Liabilities
Liabilities
4262908000 USD
CY2015Q4 us-gaap Liabilities And Stockholders Equity
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4250609000 USD
CY2016Q4 us-gaap Liabilities And Stockholders Equity
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4480595000 USD
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830867000 USD
CY2016Q4 us-gaap Liabilities Current
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954178000 USD
CY2016Q4 us-gaap Liability For Uncertain Tax Positions Noncurrent
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18065000 USD
CY2015Q4 us-gaap Long Term Debt
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CY2016Q4 us-gaap Long Term Debt
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CY2015Q4 us-gaap Long Term Debt Fair Value
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2708475000 USD
CY2016Q4 us-gaap Long Term Debt Fair Value
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2863355000 USD
CY2016Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
1600000000 USD
CY2016Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
222000000 USD
CY2016Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
0 USD
CY2016Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
0 USD
CY2016Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
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740000000 USD
CY2016Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
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296000000 USD
CY2015Q4 us-gaap Long Term Debt Noncurrent
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2519808000 USD
CY2016Q4 us-gaap Long Term Debt Noncurrent
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2597263000 USD
CY2016 us-gaap Loss Contingency Damages Sought Value
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280000000 USD
CY2015Q4 us-gaap Minority Interest
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30639000 USD
CY2016Q4 us-gaap Minority Interest
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28438000 USD
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1926000 USD
CY2015 us-gaap Minority Interest Period Increase Decrease
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6587000 USD
CY2016 us-gaap Minority Interest Period Increase Decrease
MinorityInterestPeriodIncreaseDecrease
-97000 USD
CY2014 us-gaap Net Cash Provided By Used In Continuing Operations
NetCashProvidedByUsedInContinuingOperations
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CY2015 us-gaap Net Cash Provided By Used In Continuing Operations
NetCashProvidedByUsedInContinuingOperations
125990000 USD
CY2016 us-gaap Net Cash Provided By Used In Continuing Operations
NetCashProvidedByUsedInContinuingOperations
185887000 USD
CY2014 us-gaap Net Cash Provided By Used In Discontinued Operations
NetCashProvidedByUsedInDiscontinuedOperations
-2955000 USD
CY2015 us-gaap Net Cash Provided By Used In Discontinued Operations
NetCashProvidedByUsedInDiscontinuedOperations
0 USD
CY2016 us-gaap Net Cash Provided By Used In Discontinued Operations
NetCashProvidedByUsedInDiscontinuedOperations
0 USD
CY2014 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
574877000 USD
CY2015 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-127279000 USD
CY2016 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-153864000 USD
CY2014 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-1223210000 USD
CY2015 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-116770000 USD
CY2016 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-174574000 USD
CY2014 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
375762000 USD
CY2015 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
370039000 USD
CY2016 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
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514325000 USD
CY2014 us-gaap Net Income Loss
NetIncomeLoss
260797000 USD
CY2015Q1 us-gaap Net Income Loss
NetIncomeLoss
120920000 USD
CY2015Q2 us-gaap Net Income Loss
NetIncomeLoss
83009000 USD
CY2015Q3 us-gaap Net Income Loss
NetIncomeLoss
72770000 USD
CY2015Q4 us-gaap Net Income Loss
NetIncomeLoss
90089000 USD
CY2015 us-gaap Net Income Loss
NetIncomeLoss
366788000 USD
CY2016Q1 us-gaap Net Income Loss
NetIncomeLoss
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CY2016Q2 us-gaap Net Income Loss
NetIncomeLoss
77175000 USD
CY2016Q3 us-gaap Net Income Loss
NetIncomeLoss
65393000 USD
CY2016Q4 us-gaap Net Income Loss
NetIncomeLoss
14498000 USD
CY2016 us-gaap Net Income Loss
NetIncomeLoss
270510000 USD
CY2014 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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3628000 USD
CY2015 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
14916000 USD
CY2016 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
19453000 USD
CY2014 us-gaap Net Income Loss Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossAttributableToNonredeemableNoncontrollingInterest
-703000 USD
CY2015 us-gaap Net Income Loss Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossAttributableToNonredeemableNoncontrollingInterest
4677000 USD
CY2016 us-gaap Net Income Loss Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossAttributableToNonredeemableNoncontrollingInterest
2784000 USD
CY2015 us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
10239000 USD
CY2016 us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
16669000 USD
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NonoperatingIncomeExpense
-149325000 USD
CY2015 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
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CY2016 us-gaap Nonoperating Income Expense
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-202731000 USD
CY2016 us-gaap Number Of Operating Segments
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2 segment
CY2014 us-gaap Operating Income Loss
OperatingIncomeLoss
546353000 USD
CY2015Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
230747000 USD
CY2015Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
158834000 USD
CY2015Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
159268000 USD
CY2015Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
160344000 USD
CY2015 us-gaap Operating Income Loss
OperatingIncomeLoss
709193000 USD
CY2016Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
258659000 USD
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OperatingIncomeLoss
178032000 USD
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CY2016 us-gaap Other Comprehensive Income Loss Before Reclassifications Before Tax
OtherComprehensiveIncomeLossBeforeReclassificationsBeforeTax
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OtherComprehensiveIncomeLossBeforeTax
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OtherComprehensiveIncomeLossBeforeTax
-52487000 USD
CY2016 us-gaap Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
-45404000 USD
CY2014 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-77077000 USD
CY2015 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-58602000 USD
CY2016 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-60703000 USD
CY2014 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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-74753000 USD
CY2016Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
117137000 USD
CY2016Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
103728000 USD
CY2016 us-gaap Operating Income Loss
OperatingIncomeLoss
657556000 USD
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25185000 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
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21837000 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
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25486000 USD
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27201000 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
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26665000 USD
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208000000 USD
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105855000 USD
CY2016Q4 us-gaap Other Accrued Liabilities Current
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11362000 USD
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16018000 USD
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16990000 USD
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313029000 USD
CY2016Q4 us-gaap Other Commitment
OtherCommitment
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CY2016Q4 us-gaap Other Commitment Due After Fifth Year
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0 USD
CY2016Q4 us-gaap Other Commitment Due In Fourth And Fifth Year
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0 USD
CY2016Q4 us-gaap Other Commitment Due In Next Twelve Months
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75574000 USD
CY2016Q4 us-gaap Other Commitment Due In Second And Third Year
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0 USD
CY2014 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Before Reclassification And Tax
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-74758000 USD
CY2015 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax
-55852000 USD
CY2016 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax
-45426000 USD
CY2015 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-56809000 USD
CY2016 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-57741000 USD
CY2015 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Before Tax
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-2727000 USD
CY2016 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesBeforeTax
-587000 USD
CY2014 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
4315000 USD
CY2015 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
4322000 USD
CY2016 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
12337000 USD
CY2014 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
4320000 USD
CY2015 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
3365000 USD
CY2016 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
22000 USD
CY2015 us-gaap Payments Of Debt Extinguishment Costs
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0 USD
CY2016 us-gaap Payments Of Debt Extinguishment Costs
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40954000 USD
CY2014 us-gaap Payments Of Financing Costs
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9266000 USD
CY2015 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
0 USD
CY2016 us-gaap Payments Of Financing Costs
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2070000 USD
CY2014 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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1184587000 USD
CY2015 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
24199000 USD
CY2016 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
354000 USD
CY2014 us-gaap Payments To Acquire Investments
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5375000 USD
CY2015 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
24250000 USD
CY2016 us-gaap Payments For Restructuring
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21806000 USD
CY2014 us-gaap Payments Of Debt Extinguishment Costs
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0 USD
CY2015Q4 us-gaap Other Deferred Costs Net
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50069000 USD
CY2016Q4 us-gaap Other Deferred Costs Net
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43886000 USD
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48860000 USD
CY2016Q4 us-gaap Other Employee Related Liabilities Current And Noncurrent
OtherEmployeeRelatedLiabilitiesCurrentAndNoncurrent
44837000 USD
CY2014 us-gaap Other Labor Related Expenses
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19795000 USD
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30497000 USD
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OtherLaborRelatedExpenses
15130000 USD
CY2015Q4 us-gaap Other Liabilities Noncurrent
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103530000 USD
CY2016Q4 us-gaap Other Liabilities Noncurrent
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132219000 USD
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-20496000 USD
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OtherNonoperatingIncomeExpense
-691000 USD
CY2016 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
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CY2014 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
3914000 USD
CY2015 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
857000 USD
CY2016 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
-6383000 USD
CY2014 us-gaap Other Sales Revenue Net
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1355305000 USD
CY2015 us-gaap Other Sales Revenue Net
OtherSalesRevenueNet
1552675000 USD
CY2016 us-gaap Other Sales Revenue Net
OtherSalesRevenueNet
1671679000 USD
CY2014 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 USD
CY2015 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 USD
CY2016 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
223237000 USD
CY2014 us-gaap Payments For Repurchase Of Other Equity
PaymentsForRepurchaseOfOtherEquity
22192000 USD
CY2015 us-gaap Payments For Repurchase Of Other Equity
PaymentsForRepurchaseOfOtherEquity
14452000 USD
CY2016 us-gaap Payments For Repurchase Of Other Equity
PaymentsForRepurchaseOfOtherEquity
10822000 USD
CY2015 us-gaap Payments For Restructuring
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8509000 USD
CY2016 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
95000000 USD
CY2014 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
39739000 USD
CY2015 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
68321000 USD
CY2016 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
79220000 USD
CY2014 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
0 USD
CY2015 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
3154000 USD
CY2016 us-gaap Payments To Minority Shareholders
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9010000 USD
CY2016Q4 us-gaap Percentage Of Unamortized Film Costs
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0.93
CY2016Q4 us-gaap Property Plant And Equipment Gross
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438784000 USD
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163860000 USD
CY2016Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
166636000 USD
CY2015Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2016Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
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0.3018
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0125
CY2016 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
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P5Y9M
CY2016 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Weighted Average Grant Date Fair Value
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14.90
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CY2015 us-gaap Stock Issued During Period Value Stock Options Exercised
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CY2016 us-gaap Stock Issued During Period Value Stock Options Exercised
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CY2016Q1 us-gaap Stock Repurchase Program Authorized Amount1
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276763000 USD
CY2015Q4 us-gaap Stockholders Equity
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-39277000 USD
CY2016Q4 us-gaap Stockholders Equity
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-30082000 USD
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CY2014Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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-19000 USD
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-10435000 USD
CY2016 us-gaap Treasury Stock Acquired Average Cost Per Share
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54.19
CY2015Q4 us-gaap Treasury Stock Shares
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CY2016Q4 us-gaap Treasury Stock Shares
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CY2015Q4 us-gaap Treasury Stock Value
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CY2016Q4 us-gaap Treasury Stock Value
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275230000 USD
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22192000 USD
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223237000 USD
CY2015Q4 us-gaap Unamortized Debt Issuance Expense
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20281000 USD
CY2016Q4 us-gaap Unamortized Debt Issuance Expense
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15062000 USD
CY2014 us-gaap Unrealized Gain Loss On Securities
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1780000 USD
CY2015 us-gaap Unrealized Gain Loss On Securities
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-2015000 USD
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1920000 USD
CY2015Q4 us-gaap Unrecognized Tax Benefits
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CY2016Q4 us-gaap Unrecognized Tax Benefits
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317000 USD
CY2016 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
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4736000 USD
CY2016 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
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892000 USD
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3044000 USD
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1968000 USD
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7484000 USD
CY2016 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
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-39000000 USD
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CY2014Q4 us-gaap Valuation Allowances And Reserves Balance
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CY2015Q4 us-gaap Valuation Allowances And Reserves Balance
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4307000 USD
CY2016Q4 us-gaap Valuation Allowances And Reserves Balance
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6064000 USD
CY2014 us-gaap Valuation Allowances And Reserves Charged To Cost And Expense
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CY2015 us-gaap Valuation Allowances And Reserves Deductions
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1674000 USD
CY2016 us-gaap Valuation Allowances And Reserves Deductions
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167000 USD
CY2014 us-gaap Valuation Allowances And Reserves Recoveries
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2150000 USD
CY2014 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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72854000 shares
CY2015 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
73190000 shares
CY2016 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
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CY2014 us-gaap Weighted Average Number Of Shares Outstanding Basic
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72000000 shares
CY2015 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
72420000 shares
CY2016 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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CY2016 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:8px;padding-top:8px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Concentration of Credit Risk</font></div><div style="line-height:120%;padding-bottom:8px;padding-top:8px;text-align:justify;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Financial instruments that potentially subject the Company to a concentration of credit risk consist primarily of cash and cash equivalents and trade accounts receivable. Cash is invested in money market funds and bank time deposits. The Company monitors the financial institutions and money market funds where it invests its cash and cash equivalents with diversification among counterparties to mitigate exposure to any single financial institution. The Company&#8217;s emphasis is primarily on safety of principal and liquidity and secondarily on maximizing the yield on its investments. As of </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2015</font><font style="font-family:inherit;font-size:10pt;">, </font><font style="font-family:inherit;font-size:10pt;">one</font><font style="font-family:inherit;font-size:10pt;"> customer accounted for </font><font style="font-family:inherit;font-size:10pt;">19%</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">17%</font><font style="font-family:inherit;font-size:10pt;">, respectively, of the combined balances of consolidated accounts receivable, trade and receivables due in excess of one-year (included in other assets).</font></div></div>
CY2016 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:8px;padding-top:8px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Reclassifications </font></div><div style="line-height:120%;padding-bottom:8px;padding-top:8px;text-align:justify;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Certain reclassifications were made to the prior period amounts to conform to the current period presentation, including the adoption of Accounting Standards Update (&#8220;ASU&#8221;) No. 2015-17, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Income Taxes (Topic 740) Balance Sheet Classification of Deferred Taxes</font><font style="font-family:inherit;font-size:10pt;"> which requires deferred tax liabilities and assets be classified as noncurrent in the statement of financial position.</font></div></div>
CY2016 us-gaap Revenue Recognition Multiple Element Arrangements
RevenueRecognitionMultipleElementArrangements
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:8px;padding-top:8px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Multiple-Element Transactions</font></div><div style="line-height:120%;padding-bottom:8px;padding-top:8px;text-align:justify;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">For multiple-deliverable revenue arrangements, the Company uses the relative selling price method to allocate the arrangement consideration. Under the relative selling price method, the Company determines its best estimate of selling price in a manner consistent with that used to determine the price to sell the deliverable on a stand-alone basis. For multiple-element deliverable arrangements that include elements other than revenue, if there is objective and reliable evidence of fair value for all elements of accounting, the arrangement consideration is allocated to the separate elements of accounting based on relative fair values. There may be cases in which there is objective and reliable evidence of fair value of undelivered items in an arrangement but no such evidence for the delivered items. In those cases, the total fair value of the undelivered elements, as indicated by vendor-specific objective evidence, is deferred and the remainder of the arrangement consideration is allocated to the delivered elements.</font></div></div>
CY2016 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:8px;padding-top:8px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Use of Estimates</font></div><div style="line-height:120%;padding-bottom:8px;padding-top:8px;text-align:justify;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of financial statements in conformity with U.S. generally accepted accounting principles (&#8220;GAAP&#8221;) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reported period. Actual results could differ from those estimates. Significant estimates and judgments inherent in the preparation of the consolidated financial statements include the valuation of acquisition-related assets and liabilities, derivative assets and liabilities, certain stock compensation awards, the useful lives and methodologies used to amortize and assess recoverability of program rights, the estimated useful lives of intangible assets, valuation and recoverability of goodwill and intangible assets and income tax assets and liabilities.</font></div></div>

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