2018 Q2 Form 10-Q Financial Statement

#000101896318000023 Filed on August 07, 2018

View on sec.gov

Income Statement

Concept 2018 Q2 2017 Q2
Revenue $1.010B $880.2M
YoY Change 14.69% 8.6%
Cost Of Revenue $835.8M $755.9M
YoY Change 10.57% -0.84%
Gross Profit $173.7M $124.3M
YoY Change 39.74% 157.88%
Gross Profit Margin 17.21% 14.12%
Selling, General & Admin $62.70M $65.00M
YoY Change -3.54% 9.61%
% of Gross Profit 36.1% 52.29%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $38.90M $40.30M
YoY Change -3.47% -7.78%
% of Gross Profit 22.39% 32.42%
Operating Expenses $62.70M $65.00M
YoY Change -3.54% 9.61%
Operating Profit $111.0M $59.30M
YoY Change 87.18% -590.08%
Interest Expense -$25.50M -$34.50M
YoY Change -26.09% 13.86%
% of Operating Profit -22.97% -58.18%
Other Income/Expense, Net $3.800M $200.0K
YoY Change 1800.0% -80.0%
Pretax Income $80.50M $11.30M
YoY Change 612.39% -127.29%
Income Tax $4.900M -$2.100M
% Of Pretax Income 6.09% -18.58%
Net Earnings $72.80M $10.10M
YoY Change 620.79% -153.72%
Net Earnings / Revenue 7.21% 1.15%
Basic Earnings Per Share $0.58 $0.09
Diluted Earnings Per Share $0.52 $0.09
COMMON SHARES
Basic Shares Outstanding 125.7M shares 108.9M shares
Diluted Shares Outstanding 145.8M shares 128.3M shares

Balance Sheet

Concept 2018 Q2 2017 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $122.4M $154.6M
YoY Change -20.83% -52.08%
Cash & Equivalents $122.4M $154.6M
Short-Term Investments
Other Short-Term Assets $80.20M $30.70M
YoY Change 161.24% -29.1%
Inventory $1.254B $1.076B
Prepaid Expenses
Receivables $621.9M $538.6M
Other Receivables $0.00 $0.00
Total Short-Term Assets $2.126B $1.800B
YoY Change 18.12% -7.8%
LONG-TERM ASSETS
Property, Plant & Equipment $2.479B $2.492B
YoY Change -0.53% -15.77%
Goodwill $531.0M $643.5M
YoY Change -17.48% -0.53%
Intangibles
YoY Change
Long-Term Investments $0.00 $0.00
YoY Change
Other Assets $257.0M $250.4M
YoY Change 2.64% -17.31%
Total Long-Term Assets $3.267B $3.386B
YoY Change -3.52% -13.37%
TOTAL ASSETS
Total Short-Term Assets $2.126B $1.800B
Total Long-Term Assets $3.267B $3.386B
Total Assets $5.393B $5.186B
YoY Change 3.99% -11.51%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $429.3M $355.5M
YoY Change 20.76% 15.35%
Accrued Expenses $225.3M $278.0M
YoY Change -18.96% -4.4%
Deferred Revenue $70.40M
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $16.30M $67.50M
YoY Change -75.85% 907.46%
Total Short-Term Liabilities $741.3M $701.0M
YoY Change 5.75% 15.73%
LONG-TERM LIABILITIES
Long-Term Debt $1.536B $1.877B
YoY Change -18.18% 0.35%
Other Long-Term Liabilities $66.60M $83.30M
YoY Change -20.05% -7.34%
Total Long-Term Liabilities $66.60M $83.30M
YoY Change -20.05% -7.34%
TOTAL LIABILITIES
Total Short-Term Liabilities $741.3M $701.0M
Total Long-Term Liabilities $66.60M $83.30M
Total Liabilities $3.351B $3.672B
YoY Change -8.73% -2.39%
SHAREHOLDERS EQUITY
Retained Earnings $1.330B $1.304B
YoY Change 2.04% -27.84%
Common Stock $1.617B $1.202B
YoY Change 34.48% 1.11%
Preferred Stock
YoY Change
Treasury Stock (at cost) $30.60M $25.40M
YoY Change 20.47% -8.3%
Treasury Stock Shares 1.011M shares 815.5K shares
Shareholders Equity $1.925B $1.414B
YoY Change
Total Liabilities & Shareholders Equity $5.393B $5.186B
YoY Change 3.99% -11.51%

Cashflow Statement

Concept 2018 Q2 2017 Q2
OPERATING ACTIVITIES
Net Income $72.80M $10.10M
YoY Change 620.79% -153.72%
Depreciation, Depletion And Amortization $38.90M $40.30M
YoY Change -3.47% -7.78%
Cash From Operating Activities $82.10M $24.70M
YoY Change 232.39% -11.47%
INVESTING ACTIVITIES
Capital Expenditures -$29.00M -$30.50M
YoY Change -4.92% -59.76%
Acquisitions
YoY Change
Other Investing Activities $700.0K $700.0K
YoY Change 0.0% -30.0%
Cash From Investing Activities -$28.30M -$29.80M
YoY Change -5.03% -60.16%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -41.30M -100.0K
YoY Change 41200.0% -100.05%
NET CHANGE
Cash From Operating Activities 82.10M 24.70M
Cash From Investing Activities -28.30M -29.80M
Cash From Financing Activities -41.30M -100.0K
Net Change In Cash 12.50M -5.200M
YoY Change -340.38% -103.14%
FREE CASH FLOW
Cash From Operating Activities $82.10M $24.70M
Capital Expenditures -$29.00M -$30.50M
Free Cash Flow $111.1M $55.20M
YoY Change 101.27% -46.77%

Facts In Submission

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0 USD
CY2018Q2 us-gaap Contract With Customer Liability Noncurrent
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14600000 USD
CY2018Q1 us-gaap Contract With Customer Liability Noncurrent
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22200000 USD
CY2017Q2 us-gaap Cost Of Goods And Services Sold
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us-gaap Cost Of Goods And Services Sold
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1497000000 USD
CY2018Q2 us-gaap Cost Of Goods And Services Sold
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us-gaap Cost Of Goods And Services Sold
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us-gaap Cumulative Effect On Retained Earnings Net Of Tax1
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15500000 USD
CY2017Q4 us-gaap Debt Current
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10100000 USD
CY2018Q2 us-gaap Debt Current
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CY2017Q2 us-gaap Deconsolidation Gain Or Loss Amount
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0 USD
us-gaap Deconsolidation Gain Or Loss Amount
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0 USD
CY2018Q2 us-gaap Deconsolidation Gain Or Loss Amount
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0 USD
us-gaap Deconsolidation Gain Or Loss Amount
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15900000 USD
CY2017Q4 us-gaap Deferred Finance Costs Net
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13100000 USD
CY2018Q2 us-gaap Deferred Finance Costs Net
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11800000 USD
CY2017Q4 us-gaap Deferred Income Tax Liabilities Net
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9700000 USD
CY2018Q2 us-gaap Deferred Income Tax Liabilities Net
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9700000 USD
us-gaap Deferred Income Taxes And Tax Credits
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7600000 USD
us-gaap Deferred Income Taxes And Tax Credits
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100000 USD
CY2017Q4 us-gaap Deferred Tax Assets Gross
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742900000 USD
CY2018Q2 us-gaap Deferred Tax Assets Gross
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733600000 USD
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468900000 USD
CY2018Q2 us-gaap Deferred Tax Assets Net
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468900000 USD
CY2017Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
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336100000 USD
CY2018Q2 us-gaap Deferred Tax Assets Operating Loss Carryforwards
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357000000 USD
CY2017Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards
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92600000 USD
CY2018Q2 us-gaap Deferred Tax Assets Tax Credit Carryforwards
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62400000 USD
CY2017Q4 us-gaap Deferred Tax Assets Valuation Allowance
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274000000 USD
CY2018Q2 us-gaap Deferred Tax Assets Valuation Allowance
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264700000 USD
CY2017Q4 us-gaap Defined Benefit Pension Plan Liabilities Noncurrent
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697000000 USD
CY2018Q2 us-gaap Defined Benefit Pension Plan Liabilities Noncurrent
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677600000 USD
CY2017Q1 us-gaap Defined Benefit Plan Contributions By Employer
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135000000 USD
us-gaap Depreciation Depletion And Amortization
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80600000 USD
us-gaap Depreciation Depletion And Amortization
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78700000 USD
CY2017Q4 us-gaap Derivative Fair Value Of Derivative Asset
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16500000 USD
CY2018Q2 us-gaap Derivative Fair Value Of Derivative Asset
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18500000 USD
CY2017Q4 us-gaap Derivative Fair Value Of Derivative Liability
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5500000 USD
CY2018Q2 us-gaap Derivative Fair Value Of Derivative Liability
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1800000 USD
CY2017Q2 us-gaap Earnings Per Share Basic
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0.09
us-gaap Earnings Per Share Basic
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0.26
CY2018Q2 us-gaap Earnings Per Share Basic
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0.58
us-gaap Earnings Per Share Basic
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1.05
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0.09
us-gaap Earnings Per Share Diluted
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0.25
CY2018Q2 us-gaap Earnings Per Share Diluted
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0.52
us-gaap Earnings Per Share Diluted
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0.94
CY2018Q2 us-gaap Effective Income Tax Rate Continuing Operations
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0.061
us-gaap Effective Income Tax Rate Continuing Operations
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0.068
CY2017Q4 us-gaap Equity Method Investments
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0 USD
CY2018Q2 us-gaap Equity Method Investments
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0 USD
CY2017Q4 us-gaap Goodwill
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531400000 USD
CY2018Q2 us-gaap Goodwill
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531000000 USD
CY2017Q2 us-gaap Gross Profit
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124300000 USD
us-gaap Gross Profit
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249100000 USD
CY2018Q2 us-gaap Gross Profit
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173700000 USD
us-gaap Gross Profit
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322300000 USD
CY2017Q2 us-gaap Income Loss From Continuing Operations
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10100000 USD
us-gaap Income Loss From Continuing Operations
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27600000 USD
CY2018Q2 us-gaap Income Loss From Continuing Operations
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72800000 USD
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
130800000 USD
CY2017Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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11300000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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34400000 USD
CY2018Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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80500000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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146000000 USD
CY2017Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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11300000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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34400000 USD
CY2018Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
80500000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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146000000 USD
CY2017Q2 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.09
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.26
CY2018Q2 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.58
us-gaap Income Loss From Continuing Operations Per Basic Share
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1.05
CY2017Q2 us-gaap Income Loss From Continuing Operations Per Diluted Share
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0.09
us-gaap Income Loss From Continuing Operations Per Diluted Share
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0.25
CY2018Q2 us-gaap Income Loss From Continuing Operations Per Diluted Share
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0.52
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.94
CY2017Q2 us-gaap Income Tax Expense Benefit
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us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2018Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4900000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
9900000 USD
CY2017Q2 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-5400000 USD
us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-6700000 USD
us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
0 USD
CY2018Q2 us-gaap Income Tax Reconciliation Prior Year Income Taxes
IncomeTaxReconciliationPriorYearIncomeTaxes
-5900000 USD
us-gaap Increase Decrease In Accounts Payable Trade
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58200000 USD
us-gaap Increase Decrease In Accounts Payable Trade
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84300000 USD
us-gaap Increase Decrease In Accounts Receivable
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86500000 USD
us-gaap Increase Decrease In Accounts Receivable
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76800000 USD
us-gaap Increase Decrease In Inventories
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39200000 USD
us-gaap Increase Decrease In Inventories
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151800000 USD
us-gaap Increase Decrease In Other Operating Capital Net
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5700000 USD
us-gaap Increase Decrease In Other Operating Capital Net
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22600000 USD
us-gaap Increase Decrease In Pension And Postretirement Obligations
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us-gaap Increase Decrease In Pension And Postretirement Obligations
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2900000 USD
CY2017Q2 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
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19900000 shares
us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
19900000 shares
CY2018Q2 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
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19900000 shares
us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
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19900000 shares
CY2017Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
700000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
800000 shares
CY2018Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
700000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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600000 shares
CY2017Q2 us-gaap Interest On Convertible Debt Net Of Tax
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1800000 USD
us-gaap Interest On Convertible Debt Net Of Tax
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4800000 USD
CY2018Q2 us-gaap Interest On Convertible Debt Net Of Tax
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3200000 USD
us-gaap Interest On Convertible Debt Net Of Tax
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6400000 USD
CY2017Q4 us-gaap Inventory Finished Goods
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165000000 USD
CY2018Q2 us-gaap Inventory Finished Goods
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176900000 USD
CY2017Q4 us-gaap Inventory Gross
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1283300000 USD
CY2018Q2 us-gaap Inventory Gross
InventoryGross
1337400000 USD
CY2017Q4 us-gaap Inventory Lifo Reserve
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CY2018Q2 us-gaap Inventory Lifo Reserve
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us-gaap Inventory Lifo Reserve Period Charge
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18200000 USD
us-gaap Inventory Lifo Reserve Period Charge
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27500000 USD
CY2017Q4 us-gaap Inventory Net
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1176100000 USD
CY2018Q2 us-gaap Inventory Net
InventoryNet
1254100000 USD
CY2017Q4 us-gaap Inventory Raw Materials And Supplies
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162800000 USD
CY2018Q2 us-gaap Inventory Raw Materials And Supplies
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187700000 USD
CY2017Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
121500000 USD
CY2018Q2 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
87000000 USD
CY2017Q4 us-gaap Inventory Work In Process
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955500000 USD
CY2018Q2 us-gaap Inventory Work In Process
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972800000 USD
CY2017Q4 us-gaap Land
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31700000 USD
CY2018Q2 us-gaap Land
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31600000 USD
CY2017Q4 us-gaap Liabilities
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3340900000 USD
CY2018Q2 us-gaap Liabilities
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3351400000 USD
CY2017Q4 us-gaap Liabilities And Stockholders Equity
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5185400000 USD
CY2018Q2 us-gaap Liabilities And Stockholders Equity
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5393300000 USD
CY2017Q4 us-gaap Liabilities Current
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CY2018Q2 us-gaap Liabilities Current
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741300000 USD
CY2017Q4 us-gaap Long Term Debt And Capital Lease Obligations
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1530600000 USD
CY2018Q2 us-gaap Long Term Debt And Capital Lease Obligations
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1535500000 USD
CY2017Q4 us-gaap Machinery And Equipment Gross
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3597600000 USD
CY2018Q2 us-gaap Machinery And Equipment Gross
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3628400000 USD
CY2017Q4 us-gaap Minority Interest
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105100000 USD
CY2018Q2 us-gaap Minority Interest
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116900000 USD
us-gaap Net Cash Provided By Used In Financing Activities
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62500000 USD
us-gaap Net Cash Provided By Used In Financing Activities
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15600000 USD
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
NetCashProvidedByUsedInOperatingActivities
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us-gaap Net Cash Provided By Used In Operating Activities
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35000000 USD
CY2017Q2 us-gaap Net Income Loss
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10100000 USD
us-gaap Net Income Loss
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27600000 USD
CY2018Q2 us-gaap Net Income Loss
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72800000 USD
us-gaap Net Income Loss
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130800000 USD
CY2017Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
3300000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
6900000 USD
CY2018Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
2800000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
5300000 USD
CY2017Q2 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
11900000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
32400000 USD
CY2018Q2 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
76000000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
137200000 USD
us-gaap Noncontrolling Interest Increase From Sale Of Parent Equity Interest
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2200000 USD
us-gaap Noncontrolling Interest Increase From Sale Of Parent Equity Interest
NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest
2700000 USD
CY2017Q4 us-gaap Notes Payable Related Parties Classified Current
NotesPayableRelatedPartiesClassifiedCurrent
0 USD
CY2018Q2 us-gaap Notes Payable Related Parties Classified Current
NotesPayableRelatedPartiesClassifiedCurrent
0 USD
CY2017Q4 us-gaap Notes Payable Related Parties Noncurrent
NotesPayableRelatedPartiesNoncurrent
0 USD
CY2018Q2 us-gaap Notes Payable Related Parties Noncurrent
NotesPayableRelatedPartiesNoncurrent
0 USD
CY2017Q4 us-gaap Notes Receivable Related Parties Current
NotesReceivableRelatedPartiesCurrent
0 USD
CY2018Q2 us-gaap Notes Receivable Related Parties Current
NotesReceivableRelatedPartiesCurrent
0 USD
CY2017Q4 us-gaap Notes Receivable Related Parties Noncurrent
NotesReceivableRelatedPartiesNoncurrent
0 USD
CY2018Q2 us-gaap Notes Receivable Related Parties Noncurrent
NotesReceivableRelatedPartiesNoncurrent
0 USD
us-gaap Number Of Operating Segments
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2 segment
CY2017Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
59300000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
126200000 USD
CY2018Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
111000000 USD
us-gaap Operating Income Loss
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192500000 USD
CY2017Q4 us-gaap Other Assets Current
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52700000 USD
CY2018Q2 us-gaap Other Assets Current
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80200000 USD
CY2017Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
242600000 USD
CY2018Q2 us-gaap Other Assets Noncurrent
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257000000 USD
CY2017Q2 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Before Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditBeforeTax
-400000 USD
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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-800000 USD
CY2018Q2 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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-1200000 USD
CY2017Q2 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
100000 USD
us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
5900000 USD
CY2018Q2 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
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us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
3600000 USD
CY2017Q2 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
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us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
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CY2018Q2 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
5200000 USD
us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
5500000 USD
CY2017Q2 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax
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us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax
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CY2018Q2 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax
0 USD
us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax
0 USD
CY2017Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
4400000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
14800000 USD
CY2018Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-26200000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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CY2017Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
4400000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
28700000 USD
CY2018Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
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us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
40000000 USD
CY2017Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
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200000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
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2200000 USD
CY2018Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
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us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
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3800000 USD
CY2017Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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4200000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
26500000 USD
CY2018Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
600000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
36200000 USD
CY2017Q2 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-4600000 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-22000000 USD
CY2018Q2 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-18500000 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-37100000 USD
CY2017Q2 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
-13000000 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
-13000000 USD
CY2018Q2 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
0 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
0 USD
CY2017Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesBeforeTax
1400000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesBeforeTax
2300000 USD
CY2018Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesBeforeTax
4700000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesBeforeTax
7700000 USD
CY2017Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax
-18000000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax
-35800000 USD
CY2018Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax
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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 Description Of New Accounting Pronouncements Not Yet Adopted
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<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Pending Accounting Pronouncement</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In February 2016, the FASB issued new guidance on the accounting for leases. This new guidance will require that a lessee recognize assets and liabilities on the balance sheet for all leases with a lease term of more than twelve months, with the result being the recognition of a right of use asset and a lease liability. The new lease accounting requirements are effective for ATI&#8217;s 2019 fiscal year. In July 2018, the FASB added an additional adoption method, which ATI will use to initially apply the new standard at the adoption date, January 1, 2019. This adoption method recognizes any impact to prior years&#8217; results as a cumulative-effect adjustment to the opening balance of retained earnings in the period of adoption. The Company is currently in the process of evaluating its existing lease portfolio, including accumulating all of the necessary information required to properly account for the leases under the new standard. In addition, ATI is implementing a company-wide lease management system to assist in the accounting and is evaluating additional changes to its processes and internal controls to ensure the standard&#8217;s reporting and disclosure requirements are met. The Company is currently evaluating the impact of the new guidance on its consolidated financial statements.</font></div></div>

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ati-20180630.xml Edgar Link completed
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