2018 Q3 Form 10-Q Financial Statement

#000151499118000033 Filed on November 01, 2018

View on sec.gov

Income Statement

Concept 2018 Q3 2017 Q3
Revenue $696.9M $648.0M
YoY Change 7.54% 2.11%
Cost Of Revenue $346.4M $322.7M
YoY Change 7.33% -4.74%
Gross Profit $350.5M $325.3M
YoY Change 7.75% 9.95%
Gross Profit Margin 50.29% 50.2%
Selling, General & Admin $156.2M $138.7M
YoY Change 12.66% 1.15%
% of Gross Profit 44.58% 42.64%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $22.00M $20.90M
YoY Change 5.26% -6.28%
% of Gross Profit 6.28% 6.43%
Operating Expenses $156.2M $138.7M
YoY Change 12.66% 1.15%
Operating Profit $164.6M $153.4M
YoY Change 7.33% 30.92%
Interest Expense $38.14M $35.39M
YoY Change 7.76% 19.27%
% of Operating Profit 23.17% 23.08%
Other Income/Expense, Net -$4.273M -$22.39M
YoY Change -80.92% -21.45%
Pretax Income $160.3M $131.0M
YoY Change 22.42% 47.77%
Income Tax $43.67M $40.12M
% Of Pretax Income 27.24% 30.64%
Net Earnings $111.3M $87.00M
YoY Change 27.88% 33.04%
Net Earnings / Revenue 15.97% 13.43%
Basic Earnings Per Share $1.96 $1.37
Diluted Earnings Per Share $1.93 $1.35
COMMON SHARES
Basic Shares Outstanding 56.88M shares 63.68M shares
Diluted Shares Outstanding 57.78M shares 64.45M shares

Balance Sheet

Concept 2018 Q3 2017 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $570.0M $552.3M
YoY Change 3.21% -19.11%
Cash & Equivalents $564.7M $552.3M
Short-Term Investments $5.300M
Other Short-Term Assets $588.8M $552.1M
YoY Change 6.65% 6.38%
Inventory
Prepaid Expenses
Receivables $778.0M $712.2M
Other Receivables $0.00 $500.0K
Total Short-Term Assets $1.931B $1.817B
YoY Change 6.29% -1.74%
LONG-TERM ASSETS
Property, Plant & Equipment $225.5M $172.6M
YoY Change 30.61% -2.85%
Goodwill $705.4M $690.9M
YoY Change 2.1% -2.17%
Intangibles $489.7M $493.6M
YoY Change -0.8% -9.18%
Long-Term Investments $103.2M
YoY Change
Other Assets $635.5M $442.4M
YoY Change 43.66% 101.61%
Total Long-Term Assets $3.230B $3.074B
YoY Change 5.1% 10.85%
TOTAL ASSETS
Total Short-Term Assets $1.931B $1.817B
Total Long-Term Assets $3.230B $3.074B
Total Assets $5.162B $4.891B
YoY Change 5.55% 5.81%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $97.51M $78.90M
YoY Change 23.58% -5.43%
Accrued Expenses $240.9M $252.5M
YoY Change -4.6% -0.43%
Deferred Revenue $61.29M
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $14.00M $4.700M
YoY Change 197.87% -97.74%
Total Short-Term Liabilities $769.9M $706.2M
YoY Change 9.02% -23.89%
LONG-TERM LIABILITIES
Long-Term Debt $3.096B $3.097B
YoY Change -0.06% 16.86%
Other Long-Term Liabilities $178.2M $130.4M
YoY Change 36.65% 32.18%
Total Long-Term Liabilities $3.274B $3.228B
YoY Change 1.43% 17.41%
TOTAL LIABILITIES
Total Short-Term Liabilities $769.9M $706.2M
Total Long-Term Liabilities $3.274B $3.228B
Total Liabilities $4.618B $4.590B
YoY Change 0.61% 7.56%
SHAREHOLDERS EQUITY
Retained Earnings $1.157B $621.2M
YoY Change 86.26% 121.14%
Common Stock $232.9M $179.3M
YoY Change 29.89% 25.22%
Preferred Stock
YoY Change
Treasury Stock (at cost) $976.8M $622.6M
YoY Change 56.91% 284.32%
Treasury Stock Shares
Shareholders Equity $263.0M $54.37M
YoY Change
Total Liabilities & Shareholders Equity $5.162B $4.891B
YoY Change 5.55% 5.81%

Cashflow Statement

Concept 2018 Q3 2017 Q3
OPERATING ACTIVITIES
Net Income $111.3M $87.00M
YoY Change 27.88% 33.04%
Depreciation, Depletion And Amortization $22.00M $20.90M
YoY Change 5.26% -6.28%
Cash From Operating Activities $193.2M $107.6M
YoY Change 79.55% -45.38%
INVESTING ACTIVITIES
Capital Expenditures -$23.40M -$21.90M
YoY Change 6.85% 7.88%
Acquisitions
YoY Change
Other Investing Activities -$3.100M $0.00
YoY Change
Cash From Investing Activities -$26.50M -$21.90M
YoY Change 21.0% 7.35%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -28.60M 271.6M
YoY Change -110.53% -284.39%
NET CHANGE
Cash From Operating Activities 193.2M 107.6M
Cash From Investing Activities -26.50M -21.90M
Cash From Financing Activities -28.60M 271.6M
Net Change In Cash 138.1M 357.3M
YoY Change -61.35% 1119.45%
FREE CASH FLOW
Cash From Operating Activities $193.2M $107.6M
Capital Expenditures -$23.40M -$21.90M
Free Cash Flow $216.6M $129.5M
YoY Change 67.26% -40.4%

Facts In Submission

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227760000 USD
CY2018Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
38556000 USD
CY2018Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
39025000 USD
CY2017Q3 us-gaap Gains Losses On Extinguishment Of Debt
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-3004000 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-3004000 USD
CY2018Q3 us-gaap Gains Losses On Extinguishment Of Debt
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0 USD
us-gaap Gains Losses On Extinguishment Of Debt
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0 USD
CY2017Q4 us-gaap Goodwill
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CY2018Q3 us-gaap Goodwill
Goodwill
705382000 USD
us-gaap Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
-4486000 USD
CY2018Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
39028000 USD
CY2018Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
39386000 USD
CY2018Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
39389000 USD
CY2017Q4 us-gaap Finite Lived Intangible Assets Gross
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639157000 USD
CY2018Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
677617000 USD
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437342000 USD
CY2018Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
449857000 USD
us-gaap Foreign Currency Transaction Gain Loss Unrealized
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14658000 USD
us-gaap Foreign Currency Transaction Gain Loss Unrealized
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712000 USD
us-gaap Gain Loss On Sales Of Assets And Asset Impairment Charges
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-17112000 USD
us-gaap Goodwill Acquired During Period
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24214000 USD
us-gaap Goodwill Foreign Currency Translation Gain Loss
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-13006000 USD
us-gaap Goodwill Subsequent Recognition Of Deferred Tax Asset
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984000 USD
CY2017Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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130960000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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514491000 USD
CY2018Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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160326000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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520620000 USD
CY2017Q3 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
CY2018Q3 us-gaap Income Loss From Equity Method Investments
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0 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
0 USD
CY2017Q3 us-gaap Income Tax Expense Benefit
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40100000 USD
CY2017Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
40124000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
173399000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
173400000 USD
CY2018Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
43666000 USD
CY2018Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
43700000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
133100000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
133092000 USD
CY2017Q3 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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8400000 USD
us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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900000 USD
us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
15800000 USD
us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
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8300000 USD
CY2017Q3 us-gaap Income Tax Reconciliation Deductions Qualified Production Activities
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2800000 USD
us-gaap Income Tax Reconciliation Deductions Qualified Production Activities
IncomeTaxReconciliationDeductionsQualifiedProductionActivities
13100000 USD
CY2017Q3 us-gaap Income Tax Reconciliation Other Reconciling Items
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600000 USD
us-gaap Income Tax Reconciliation Other Reconciling Items
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-2000000 USD
CY2017Q3 us-gaap Income Tax Reconciliation State And Local Income Taxes
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2400000 USD
us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
8400000 USD
CY2018Q3 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
3400000 USD
us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
9500000 USD
us-gaap Income Taxes Paid Net
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181129000 USD
us-gaap Income Taxes Paid Net
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96272000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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-8633000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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-36612000 USD
us-gaap Increase Decrease In Accounts Receivable
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13316000 USD
us-gaap Increase Decrease In Accounts Receivable
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2333000 USD
us-gaap Increase Decrease In Accrued Income Taxes Payable
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-24538000 USD
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-5005000 USD
us-gaap Increase Decrease In Deferred Charges
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4246000 USD
us-gaap Increase Decrease In Deferred Charges
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3200000 USD
us-gaap Increase Decrease In Deferred Revenue
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-6529000 USD
us-gaap Increase Decrease In Deferred Revenue
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3531000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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69463000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
27769000 USD
CY2017Q4 us-gaap Indefinite Lived Trademarks
IndefiniteLivedTrademarks
19900000 USD
CY2018Q3 us-gaap Indefinite Lived Trademarks
IndefiniteLivedTrademarks
19900000 USD
CY2017Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
659057000 USD
CY2018Q3 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
697517000 USD
CY2017Q4 us-gaap Intangible Assets Net Excluding Goodwill
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457242000 USD
CY2018Q3 us-gaap Intangible Assets Net Excluding Goodwill
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469757000 USD
CY2017Q3 us-gaap Interest Expense
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35392000 USD
us-gaap Interest Expense
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96609000 USD
CY2018Q3 us-gaap Interest Expense
InterestExpense
38137000 USD
us-gaap Interest Expense
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115607000 USD
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-31810000 USD
us-gaap Interest Income Expense Net
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-85768000 USD
CY2018Q3 us-gaap Interest Income Expense Net
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-33035000 USD
us-gaap Interest Income Expense Net
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-100154000 USD
us-gaap Interest Paid
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65442000 USD
us-gaap Interest Paid
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97437000 USD
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30262000 USD
CY2018Q3 us-gaap Interest Payable Current
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40048000 USD
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3582000 USD
us-gaap Investment Income Interest
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10841000 USD
CY2018Q3 us-gaap Investment Income Interest
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5102000 USD
us-gaap Investment Income Interest
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15453000 USD
CY2017Q4 us-gaap Investments Fair Value Disclosure
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9948000 USD
CY2018Q3 us-gaap Investments Fair Value Disclosure
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48987000 USD
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4650436000 USD
CY2018Q3 us-gaap Liabilities
Liabilities
4617782000 USD
CY2018Q1 us-gaap Liabilities
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4657551000 USD
CY2017Q4 us-gaap Liabilities And Stockholders Equity
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5032985000 USD
CY2018Q3 us-gaap Liabilities And Stockholders Equity
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5161957000 USD
us-gaap Proceeds From Stock Options Exercised
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4317000 USD
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744102000 USD
CY2018Q3 us-gaap Liabilities Current
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769870000 USD
CY2018Q1 us-gaap Liabilities Current
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744937000 USD
CY2017Q4 us-gaap Long Term Debt
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CY2018Q3 us-gaap Long Term Debt
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3105003000 USD
CY2017Q4 us-gaap Long Term Debt Fair Value
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3166375000 USD
CY2018Q3 us-gaap Long Term Debt Fair Value
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3099625000 USD
CY2017Q4 us-gaap Long Term Debt Noncurrent
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3099257000 USD
CY2018Q3 us-gaap Long Term Debt Noncurrent
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3095628000 USD
us-gaap Loss Contingency Damages Sought Value
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280000000 USD
CY2017Q4 us-gaap Marketable Securities
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10700000 USD
CY2018Q3 us-gaap Marketable Securities
MarketableSecurities
5300000 USD
CY2017Q4 us-gaap Minority Interest
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29001000 USD
CY2018Q3 us-gaap Minority Interest
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28633000 USD
us-gaap Net Cash Provided By Used In Continuing Operations
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56164000 USD
us-gaap Net Cash Provided By Used In Continuing Operations
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-6101000 USD
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
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-112615000 USD
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
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-292028000 USD
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-104794000 USD
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
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-185885000 USD
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
273573000 USD
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
471812000 USD
CY2017Q3 us-gaap Net Income Loss
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87002000 USD
us-gaap Net Income Loss
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325816000 USD
CY2018Q3 us-gaap Net Income Loss
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111257000 USD
us-gaap Net Income Loss
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374308000 USD
CY2017Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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3834000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
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15276000 USD
CY2018Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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5403000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
13220000 USD
us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
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12692000 USD
us-gaap Noncontrolling Interest Increase From Business Combination
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30573000 USD
CY2017Q3 us-gaap Nonoperating Income Expense
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-22394000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-46324000 USD
CY2018Q3 us-gaap Nonoperating Income Expense
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-4273000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-69165000 USD
us-gaap Number Of Operating Segments
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2 segment
CY2017Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
153354000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
560815000 USD
CY2018Q3 us-gaap Operating Income Loss
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164599000 USD
us-gaap Operating Income Loss
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589785000 USD
CY2017Q4 us-gaap Other Accrued Liabilities Current
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95406000 USD
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102845000 USD
us-gaap Other Amortization Of Deferred Charges
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13204000 USD
us-gaap Other Amortization Of Deferred Charges
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13107000 USD
CY2017Q4 us-gaap Other Assets Noncurrent
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447937000 USD
CY2018Q3 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
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0 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
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0 USD
CY2017Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
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6596000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
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9534000 USD
CY2018Q3 us-gaap Other Assets Noncurrent
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635541000 USD
CY2017Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Before Reclassification And Tax
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15791000 USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Before Reclassification And Tax
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63475000 USD
CY2018Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax
-6094000 USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Before Reclassification And Tax
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CY2017Q3 us-gaap Other Comprehensive Income Loss Before Tax
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22213000 USD
us-gaap Other Comprehensive Income Loss Before Tax
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72974000 USD
CY2018Q3 us-gaap Other Comprehensive Income Loss Before Tax
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us-gaap Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
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CY2017Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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19850000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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69479000 USD
CY2018Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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-6094000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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-32679000 USD
CY2017Q3 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
2363000 USD
us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
3495000 USD
CY2018Q3 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
0 USD
us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
0 USD
CY2017Q3 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
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-174000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
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-35000 USD
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0 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
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0 USD
CY2017Q4 us-gaap Other Deferred Costs Net
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29924000 USD
CY2018Q3 us-gaap Other Deferred Costs Net
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20191000 USD
CY2017Q4 us-gaap Other Liabilities Noncurrent
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136122000 USD
CY2018Q3 us-gaap Other Liabilities Noncurrent
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178160000 USD
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12420000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
42448000 USD
CY2018Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
28762000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
30989000 USD
us-gaap Other Operating Activities Cash Flow Statement
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-4617000 USD
us-gaap Other Operating Activities Cash Flow Statement
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-887000 USD
us-gaap Payments For Proceeds From Businesses And Interest In Affiliates
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0 USD
us-gaap Payments For Proceeds From Businesses And Interest In Affiliates
PaymentsForProceedsFromBusinessesAndInterestInAffiliates
35554000 USD
us-gaap Payments For Proceeds From Investments
PaymentsForProceedsFromInvestments
43000000 USD
us-gaap Payments For Proceeds From Investments
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90080000 USD
us-gaap Payments For Repurchase Of Common Stock
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347334000 USD
us-gaap Payments For Repurchase Of Common Stock
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267400000 USD
us-gaap Payments For Repurchase Of Other Equity
PaymentsForRepurchaseOfOtherEquity
13373000 USD
us-gaap Payments For Repurchase Of Other Equity
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15734000 USD
us-gaap Payments Of Financing Costs
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10405000 USD
us-gaap Payments Of Financing Costs
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0 USD
us-gaap Payments To Acquire Property Plant And Equipment
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61794000 USD
CY2017Q3 us-gaap Profit Loss
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90836000 USD
us-gaap Profit Loss
ProfitLoss
341092000 USD
CY2018Q3 us-gaap Profit Loss
ProfitLoss
116660000 USD
us-gaap Profit Loss
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387528000 USD
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327549000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
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0 USD
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0 USD
us-gaap Payments To Acquire Property Plant And Equipment
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60774000 USD
us-gaap Payments To Minority Shareholders
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16110000 USD
us-gaap Payments To Minority Shareholders
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9333000 USD
CY2017Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
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0.01
CY2018Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2017Q4 us-gaap Preferred Stock Shares Authorized
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45000000 shares
CY2018Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
45000000 shares
CY2017Q4 us-gaap Preferred Stock Shares Issued
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0 shares
CY2018Q3 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2017Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2018Q3 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2017Q4 us-gaap Prepaid Expense And Other Assets
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91726000 USD
CY2018Q3 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
118569000 USD
us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
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0 USD
us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
523000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
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1536000000 USD
CY2018Q3 us-gaap Program Rights Obligations Current
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356157000 USD
CY2017Q4 us-gaap Program Rights Obligations Noncurrent
ProgramRightsObligationsNoncurrent
534980000 USD
CY2018Q3 us-gaap Program Rights Obligations Noncurrent
ProgramRightsObligationsNoncurrent
397592000 USD
CY2017Q4 us-gaap Property Plant And Equipment Net
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183514000 USD
CY2018Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
225468000 USD
us-gaap Provision For Doubtful Accounts
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3638000 USD
us-gaap Provision For Doubtful Accounts
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6155000 USD
CY2017Q4 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
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218604000 USD
CY2018Q3 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
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252536000 USD
CY2017Q3 us-gaap Related Party Transaction Selling General And Administrative Expenses From Transactions With Related Party
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216000 USD
us-gaap Related Party Transaction Selling General And Administrative Expenses From Transactions With Related Party
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1205000 USD
CY2018Q3 us-gaap Related Party Transaction Selling General And Administrative Expenses From Transactions With Related Party
RelatedPartyTransactionSellingGeneralAndAdministrativeExpensesFromTransactionsWithRelatedParty
232000 USD
us-gaap Related Party Transaction Selling General And Administrative Expenses From Transactions With Related Party
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900000 USD
us-gaap Repayments Of Long Term Capital Lease Obligations
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3428000 USD
us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
3878000 USD
us-gaap Repayments Of Long Term Debt
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1257965000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
0 USD
CY2017Q3 us-gaap Restructuring Charges
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1264000 USD
us-gaap Restructuring Charges
RestructuringCharges
3887000 USD
CY2018Q3 us-gaap Restructuring Charges
RestructuringCharges
3139000 USD
us-gaap Restructuring Charges
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3139000 USD
CY2017Q4 us-gaap Retained Earnings Accumulated Deficit
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766725000 USD
CY2018Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
1157063000 USD
CY2017Q3 us-gaap Revenue From Contract With Customer Including Assessed Tax
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648023000 USD
us-gaap Revenue From Contract With Customer Including Assessed Tax
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2078757000 USD
CY2018Q3 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
696875000 USD
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
2199083000 USD
CY2017Q3 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
1515000 USD
us-gaap Revenue From Related Parties
RevenueFromRelatedParties
4594000 USD
CY2018Q3 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
1605000 USD
us-gaap Revenue From Related Parties
RevenueFromRelatedParties
4779000 USD
CY2017Q4 us-gaap Securities Owned Not Readily Marketable
SecuritiesOwnedNotReadilyMarketable
46800000 USD
CY2018Q3 us-gaap Securities Owned Not Readily Marketable
SecuritiesOwnedNotReadilyMarketable
71800000 USD
CY2017Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
138688000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
464670000 USD
CY2018Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
156242000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
494067000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
41412000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
52006000 USD
CY2018Q3 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
1500000000 USD
CY2016Q1 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
500000000 USD
CY2017Q2 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
500000000 USD
CY2018Q2 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
500000000 USD
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
134944000 USD
CY2018Q3 us-gaap Stockholders Equity
StockholdersEquity
263006000 USD
CY2017Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
163945000 USD
CY2018Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
291639000 USD
CY2017Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
19558000 USD
CY2018Q3 us-gaap Taxes Payable Current
TaxesPayableCurrent
13799000 USD
CY2017Q4 us-gaap Treasury Stock Value
TreasuryStockValue
709440000 USD
CY2018Q3 us-gaap Treasury Stock Value
TreasuryStockValue
976840000 USD
CY2017Q4 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
16967000 USD
CY2018Q3 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
14637000 USD
us-gaap Unrealized Gain Loss On Securities
UnrealizedGainLossOnSecurities
27598000 USD
us-gaap Unrealized Gain Loss On Securities
UnrealizedGainLossOnSecurities
40848000 USD
us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
-15600000 USD
CY2017Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
64447000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
66651000 shares
CY2018Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
57779000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
59281000 shares
CY2017Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
63683000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
65960000 shares
CY2018Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
56875000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
58519000 shares
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 GAAP 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 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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