2016 Q3 Form 10-K Financial Statement

#000166613816000021 Filed on November 29, 2016

View on sec.gov

Income Statement

Concept 2016 Q3 2015 Q3 2015 Q2
Revenue $416.2M $437.8M $432.4M
YoY Change -4.94%
Cost Of Revenue $324.0M $367.0M $353.6M
YoY Change -11.72%
Gross Profit $92.20M $70.83M $78.75M
YoY Change 30.16%
Gross Profit Margin 22.15% 16.18% 18.21%
Selling, General & Admin $57.30M $55.10M $45.91M
YoY Change 3.99%
% of Gross Profit 62.15% 77.79% 58.3%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $14.90M $16.10M $14.35M
YoY Change -7.45% -72.57%
% of Gross Profit 16.16% 22.73% 18.22%
Operating Expenses $62.90M $61.50M $45.91M
YoY Change 2.28%
Operating Profit $29.30M $9.334M $27.59M
YoY Change 213.91%
Interest Expense -$11.20M -$11.20M -$11.21M
YoY Change 0.0%
% of Operating Profit -38.23% -119.99% -40.64%
Other Income/Expense, Net $1.500M
YoY Change
Pretax Income $19.50M -$29.70M $16.38M
YoY Change -165.66%
Income Tax $3.900M -$2.700M -$2.683M
% Of Pretax Income 20.0% -16.38%
Net Earnings $15.60M -$27.05M $19.06M
YoY Change -157.67%
Net Earnings / Revenue 3.75% -6.18% 4.41%
Basic Earnings Per Share -$0.43 $0.30
Diluted Earnings Per Share $244.9K -$0.43 $0.30
COMMON SHARES
Basic Shares Outstanding 62.46M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2016 Q3 2015 Q3 2015 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $200.3M $80.60M
YoY Change 148.51%
Cash & Equivalents $200.3M $80.60M $32.84M
Short-Term Investments
Other Short-Term Assets $29.10M $22.00M
YoY Change 32.27%
Inventory $161.5M $161.9M
Prepaid Expenses
Receivables $192.1M $217.0M
Other Receivables $0.00 $0.00
Total Short-Term Assets $582.9M $481.5M
YoY Change 21.07%
LONG-TERM ASSETS
Property, Plant & Equipment $202.7M $224.3M
YoY Change -9.63%
Goodwill $115.8M $115.8M
YoY Change 0.0% 1.21%
Intangibles $254.9M $277.2M
YoY Change -8.02%
Long-Term Investments
YoY Change
Other Assets $8.200M $15.00M
YoY Change -45.33%
Total Long-Term Assets $581.6M $632.3M
YoY Change -8.01%
TOTAL ASSETS
Total Short-Term Assets $582.9M $481.5M
Total Long-Term Assets $581.6M $632.3M
Total Assets $1.165B $1.114B
YoY Change 4.56% -6.04%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $114.1M $109.8M
YoY Change 3.89%
Accrued Expenses $52.78M $97.27M
YoY Change -45.74%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $1.644M
YoY Change -100.0%
Long-Term Debt Due $1.300M $2.900M
YoY Change -55.17%
Total Short-Term Liabilities $204.8M $210.5M
YoY Change -2.7%
LONG-TERM LIABILITIES
Long-Term Debt $629.0M $649.3M
YoY Change -3.13%
Other Long-Term Liabilities $18.61M $41.68M
YoY Change -55.35%
Total Long-Term Liabilities $647.7M $691.0M
YoY Change -6.28%
TOTAL LIABILITIES
Total Short-Term Liabilities $204.8M $210.5M
Total Long-Term Liabilities $647.7M $691.0M
Total Liabilities $907.3M $957.5M
YoY Change -5.24%
SHAREHOLDERS EQUITY
Retained Earnings -$113.1M -$173.2M
YoY Change -34.69%
Common Stock $398.9M $353.1M
YoY Change 12.97%
Preferred Stock
YoY Change
Treasury Stock (at cost) $2.580M $2.580M
YoY Change 0.0%
Treasury Stock Shares 260.9K shares 260.9K shares
Shareholders Equity $257.2M $156.3M
YoY Change
Total Liabilities & Shareholders Equity $1.165B $1.114B
YoY Change 4.56%

Cashflow Statement

Concept 2016 Q3 2015 Q3 2015 Q2
OPERATING ACTIVITIES
Net Income $15.60M -$27.05M $19.06M
YoY Change -157.67%
Depreciation, Depletion And Amortization $14.90M $16.10M $14.35M
YoY Change -7.45% -72.57%
Cash From Operating Activities $71.60M $110.9M $30.30M
YoY Change -35.44% 28.51%
INVESTING ACTIVITIES
Capital Expenditures -$3.300M -$6.200M -$8.100M
YoY Change -46.77% -74.59%
Acquisitions
YoY Change
Other Investing Activities $3.400M $4.800M $3.300M
YoY Change -29.17% -119.59%
Cash From Investing Activities $100.0K -$1.400M -$4.700M
YoY Change -107.14% -97.14%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -2.200M -60.40M -17.10M
YoY Change -96.36% 4.86%
NET CHANGE
Cash From Operating Activities 71.60M 110.9M 30.30M
Cash From Investing Activities 100.0K -1.400M -4.700M
Cash From Financing Activities -2.200M -60.40M -17.10M
Net Change In Cash 69.50M 49.10M 8.500M
YoY Change 41.55% -343.07%
FREE CASH FLOW
Cash From Operating Activities $71.60M $110.9M $30.30M
Capital Expenditures -$3.300M -$6.200M -$8.100M
Free Cash Flow $74.90M $117.1M $38.40M
YoY Change -36.04% 5.78%

Facts In Submission

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2425000 USD
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1320000 USD
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11481000 USD
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32494000 USD
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50221000 USD
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70037000 USD
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12785000 USD
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35172000 USD
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35361000 USD
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4926000 USD
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6040000 USD
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5659000 USD
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5338000 USD
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1368000 USD
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578000 USD
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441000 USD
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3162000 USD
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2741000 USD
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2817000 USD
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37837000 USD
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0.33
us-gaap Earnings Per Share Diluted
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0.94
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0.37
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0.32
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0.35
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0.35
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0.35
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0.03
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-0.02
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0.00
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0.01
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0.00
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0.00
CY2016 us-gaap Effective Income Tax Rate Reconciliation Deductions Qualified Production Activities
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0.03
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0.00
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0.00
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0.00
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0.00
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0.01
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0.00
CY2016 us-gaap Effective Income Tax Rate Reconciliation Tax Settlements Domestic
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17161000 USD
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105131000 USD
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21817000 USD
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21256000 USD
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21235000 USD
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21399000 USD
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266188000 USD
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43000000 USD
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us-gaap Gross Profit
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86781000 USD
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835000 USD
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3868000 USD
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8765000 USD
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27985000 USD
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2805000 USD
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1685000 USD
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34577000 USD
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4625000 USD
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2206000 USD
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30859000 USD
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26804000 USD
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4061000 USD
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654000 USD
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1005000 USD
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16311000 USD
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2437000 USD
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3093000 USD
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8000 USD
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616000 USD
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2986000 USD
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360068000 USD
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277175000 USD
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254937000 USD
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49855000 USD
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9890000 USD
CY2016Q3 us-gaap Interest Payable Current
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5741000 USD
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18433000 USD
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161924000 USD
CY2016Q3 us-gaap Inventory Net
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161465000 USD
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10201000 USD
CY2016Q3 us-gaap Inventory Valuation Reserves
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8447000 USD
CY2014 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
12659000 USD
CY2015 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
11721000 USD
CY2016 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
11934000 USD
CY2015Q3 us-gaap Liabilities
Liabilities
957522000 USD
CY2016Q3 us-gaap Liabilities
Liabilities
907322000 USD
CY2015Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1113799000 USD
CY2016Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1164568000 USD
CY2015Q3 us-gaap Liabilities Current
LiabilitiesCurrent
210498000 USD
CY2016Q3 us-gaap Liabilities Current
LiabilitiesCurrent
204822000 USD
CY2015Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
649344000 USD
CY2016Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
629046000 USD
CY2015Q3 us-gaap Loss Contingency Accrual Product Liability Net
LossContingencyAccrualProductLiabilityNet
2700000 USD
CY2016Q3 us-gaap Loss Contingency Accrual Product Liability Net
LossContingencyAccrualProductLiabilityNet
1550000 USD
CY2014 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-57584000 USD
CY2015 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-44106000 USD
CY2016 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-23908000 USD
CY2014 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-48860000 USD
CY2015 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-46641000 USD
CY2016 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-12895000 USD
CY2014 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-48860000 USD
CY2015 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-51181000 USD
CY2016 us-gaap Other Comprehensive Income Defined Benefit Plans Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansTaxPortionAttributableToParent
2680000 USD
CY2016 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-12895000 USD
CY2014 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
86333000 USD
CY2015 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
141073000 USD
CY2016 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
156646000 USD
CY2014 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
88212000 USD
CY2015 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
141073000 USD
CY2016 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
156646000 USD
CY2014 us-gaap Net Income Loss
NetIncomeLoss
-73948000 USD
CY2014Q4 us-gaap Net Income Loss
NetIncomeLoss
-2762000 USD
CY2015Q1 us-gaap Net Income Loss
NetIncomeLoss
5800000 USD
CY2015Q2 us-gaap Net Income Loss
NetIncomeLoss
19058000 USD
CY2015Q3 us-gaap Net Income Loss
NetIncomeLoss
-27051000 USD
CY2015 us-gaap Net Income Loss
NetIncomeLoss
-4955000 USD
CY2015Q4 us-gaap Net Income Loss
NetIncomeLoss
8572000 USD
CY2016Q1 us-gaap Net Income Loss
NetIncomeLoss
14007000 USD
CY2016Q2 us-gaap Net Income Loss
NetIncomeLoss
20645000 USD
us-gaap Net Income Loss
NetIncomeLoss
15572000 USD
CY2016 us-gaap Net Income Loss
NetIncomeLoss
58796000 USD
CY2014 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-103003000 USD
CY2015 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-4955000 USD
CY2016 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
58796000 USD
CY2014Q3 us-gaap Noncurrent Assets
NoncurrentAssets
270630000 USD
CY2015Q3 us-gaap Noncurrent Assets
NoncurrentAssets
238216000 USD
CY2016Q3 us-gaap Noncurrent Assets
NoncurrentAssets
209936000 USD
CY2015Q3 us-gaap Nontrade Receivables Noncurrent
NontradeReceivablesNoncurrent
13932000 USD
CY2016Q3 us-gaap Nontrade Receivables Noncurrent
NontradeReceivablesNoncurrent
7244000 USD
CY2016 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
2 segment
CY2016 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
CY2014 us-gaap Operating Income Loss
OperatingIncomeLoss
-18954000 USD
CY2015 us-gaap Operating Income Loss
OperatingIncomeLoss
36938000 USD
CY2016 us-gaap Operating Income Loss
OperatingIncomeLoss
126918000 USD
CY2016Q3 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
51305000 USD
CY2016Q3 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
8659000 USD
CY2016Q3 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
5368000 USD
CY2016Q3 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
6306000 USD
CY2016Q3 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
6873000 USD
CY2016Q3 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
10002000 USD
CY2016Q3 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
14097000 USD
CY2015Q3 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
19840000 USD
CY2016Q3 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
21376000 USD
CY2014 us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
1829000 USD
CY2015 us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
7268000 USD
CY2016 us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
4059000 USD
CY2014 us-gaap Other Comprehensive Income Defined Benefit Plans Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansTaxPortionAttributableToParent
1143000 USD
CY2015 us-gaap Other Comprehensive Income Defined Benefit Plans Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansTaxPortionAttributableToParent
4554000 USD
CY2014 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-2403000 USD
CY2015 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-7135000 USD
CY2016 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-858000 USD
CY2014 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-4232000 USD
CY2015 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-14403000 USD
CY2016 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-4917000 USD
CY2015Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
41678000 USD
CY2016Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
18610000 USD
CY2014 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
0 USD
CY2015 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
0 USD
CY2016 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
-190000 USD
CY2014 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-12656000 USD
CY2015 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-14305000 USD
CY2016 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-1103000 USD
CY2014 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-15000 USD
CY2015 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
78000 USD
CY2016 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-132000 USD
CY2014 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
252765000 USD
CY2015 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
882000 USD
CY2016 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 USD
CY2014 us-gaap Payments For Restructuring
PaymentsForRestructuring
2642000 USD
CY2015 us-gaap Payments For Restructuring
PaymentsForRestructuring
1786000 USD
CY2016 us-gaap Payments For Restructuring
PaymentsForRestructuring
6998000 USD
CY2014 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
11925000 USD
CY2015 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
102000 USD
CY2016 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
0 USD
CY2014 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
39787000 USD
CY2015 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
30549000 USD
CY2016 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 USD
CY2014 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
24362000 USD
CY2015 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
26849000 USD
CY2016 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
16830000 USD
CY2015Q3 us-gaap Percentage Of Lifo Inventory
PercentageOfLIFOInventory
0.80
CY2016Q3 us-gaap Percentage Of Lifo Inventory
PercentageOfLIFOInventory
0.87
CY2010Q4 us-gaap Preferred Stock Dividend Rate Percentage
PreferredStockDividendRatePercentage
0.12
CY2014 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
29055000 USD
CY2015 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
0 USD
CY2016 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
0 USD
CY2014Q2 us-gaap Preferred Stock Liquidation Preference
PreferredStockLiquidationPreference
1
CY2015Q3 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
18665000 USD
CY2016Q3 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
22407000 USD
CY2014 us-gaap Proceeds From Derivative Instrument Financing Activities
ProceedsFromDerivativeInstrumentFinancingActivities
0 USD
CY2015 us-gaap Proceeds From Derivative Instrument Financing Activities
ProceedsFromDerivativeInstrumentFinancingActivities
999000 USD
CY2016 us-gaap Proceeds From Derivative Instrument Financing Activities
ProceedsFromDerivativeInstrumentFinancingActivities
0 USD
CY2014 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
674000 USD
CY2015 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
49000 USD
CY2015 us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
0 USD
CY2016 us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
0 USD
CY2015 us-gaap Proceeds From Previous Acquisition
ProceedsFromPreviousAcquisition
0 USD
CY2016 us-gaap Proceeds From Previous Acquisition
ProceedsFromPreviousAcquisition
0 USD
CY2014 us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
657000000 USD
CY2015 us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
788000000 USD
CY2016 us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
0 USD
CY2014 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
289000 USD
CY2015 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-1000 USD
CY2016 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-166000 USD
CY2014 us-gaap Proceeds From Previous Acquisition
ProceedsFromPreviousAcquisition
5142000 USD
CY2016 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
52000 USD
CY2014 us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
665400000 USD
CY2014 us-gaap Proceeds From Sale Of Other Assets Investing Activities
ProceedsFromSaleOfOtherAssetsInvestingActivities
2736000 USD
CY2015 us-gaap Proceeds From Sale Of Other Assets Investing Activities
ProceedsFromSaleOfOtherAssetsInvestingActivities
4844000 USD
CY2016 us-gaap Proceeds From Sale Of Other Assets Investing Activities
ProceedsFromSaleOfOtherAssetsInvestingActivities
1328000 USD
CY2014 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
7396000 USD
CY2015 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
1451000 USD
CY2016 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
75000 USD
CY2014 us-gaap Proceeds From Short Term Debt
ProceedsFromShortTermDebt
4126000 USD
CY2015 us-gaap Proceeds From Short Term Debt
ProceedsFromShortTermDebt
1692000 USD
CY2016 us-gaap Proceeds From Short Term Debt
ProceedsFromShortTermDebt
0 USD
CY2015Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
365000000 USD
CY2016Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
373717000 USD
CY2015Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
224284000 USD
CY2016Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
202692000 USD
CY2016Q3 us-gaap Purchase Obligation Due In Next Twelve Months
PurchaseObligationDueInNextTwelveMonths
72751000 USD
CY2016Q3 us-gaap Purchase Obligation Due In Second Year
PurchaseObligationDueInSecondYear
1685000 USD
CY2014 us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
676000000 USD
CY2015 us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
828000000 USD
CY2016 us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
0 USD
CY2014 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
438558000 USD
CY2015 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
4200000 USD
CY2016 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
22175000 USD
CY2014 us-gaap Repayments Of Short Term Debt
RepaymentsOfShortTermDebt
5825000 USD
CY2015 us-gaap Repayments Of Short Term Debt
RepaymentsOfShortTermDebt
1661000 USD
CY2016 us-gaap Repayments Of Short Term Debt
RepaymentsOfShortTermDebt
1619000 USD
CY2014 us-gaap Restructuring Charges
RestructuringCharges
2300000 USD
CY2015 us-gaap Restructuring Charges
RestructuringCharges
4789000 USD
CY2016 us-gaap Restructuring Charges
RestructuringCharges
4278000 USD
CY2013Q3 us-gaap Restructuring Reserve
RestructuringReserve
1971000 USD
CY2014Q3 us-gaap Restructuring Reserve
RestructuringReserve
1592000 USD
CY2015Q3 us-gaap Restructuring Reserve
RestructuringReserve
4413000 USD
CY2016Q3 us-gaap Restructuring Reserve
RestructuringReserve
1380000 USD
CY2015Q3 us-gaap Restructuring Reserve Current
RestructuringReserveCurrent
4413000 USD
CY2016Q3 us-gaap Restructuring Reserve Current
RestructuringReserveCurrent
1380000 USD
CY2015Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-173241000 USD
CY2016Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-113142000 USD
CY2014 us-gaap Restructuring Reserve Translation And Other Adjustment
RestructuringReserveTranslationAndOtherAdjustment
-37000 USD
CY2015 us-gaap Restructuring Reserve Translation And Other Adjustment
RestructuringReserveTranslationAndOtherAdjustment
-182000 USD
CY2016 us-gaap Restructuring Reserve Translation And Other Adjustment
RestructuringReserveTranslationAndOtherAdjustment
-313000 USD
CY2014 us-gaap Restructuring Settlement And Impairment Provisions
RestructuringSettlementAndImpairmentProvisions
46687000 USD
CY2015 us-gaap Restructuring Settlement And Impairment Provisions
RestructuringSettlementAndImpairmentProvisions
32703000 USD
CY2016 us-gaap Restructuring Settlement And Impairment Provisions
RestructuringSettlementAndImpairmentProvisions
4096000 USD
CY2014 us-gaap Sales Revenue Net
SalesRevenueNet
1702838000 USD
CY2014Q4 us-gaap Sales Revenue Net
SalesRevenueNet
426401000 USD
CY2015Q1 us-gaap Sales Revenue Net
SalesRevenueNet
432586000 USD
CY2015Q2 us-gaap Sales Revenue Net
SalesRevenueNet
432367000 USD
CY2015Q3 us-gaap Sales Revenue Net
SalesRevenueNet
437814000 USD
CY2015 us-gaap Sales Revenue Net
SalesRevenueNet
1729168000 USD
CY2015Q4 us-gaap Sales Revenue Net
SalesRevenueNet
358375000 USD
CY2016Q1 us-gaap Sales Revenue Net
SalesRevenueNet
353046000 USD
CY2016Q2 us-gaap Sales Revenue Net
SalesRevenueNet
395724000 USD
us-gaap Sales Revenue Net
SalesRevenueNet
416239000 USD
CY2016 us-gaap Sales Revenue Net
SalesRevenueNet
1523384000 USD
CY2014 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
180783000 USD
CY2015 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
185815000 USD
CY2016 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
219397000 USD
CY2014 us-gaap Share Based Compensation
ShareBasedCompensation
8398000 USD
CY2015 us-gaap Share Based Compensation
ShareBasedCompensation
13523000 USD
CY2016 us-gaap Share Based Compensation
ShareBasedCompensation
21127000 USD
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
140000 USD
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
914000 USD
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
43000 USD
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
540000 shares
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
717000 shares
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
136000 shares
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
1828000 shares
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
290000 shares
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
72000 shares
CY2016Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
73095000 USD
CY2013Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
6462000 shares
CY2014Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
7673000 shares
CY2015Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
6746000 shares
CY2016Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
6664000 shares
CY2013Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
7.30
CY2014Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
7.59
CY2015Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
7.70
CY2016Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
7.77
CY2016Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
47777000 USD
CY2016Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
7.53
CY2014 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
7.30
CY2015 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
7.30
CY2016 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
7.95
CY2014 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
7.30
CY2015 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
7.30
CY2016 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
8.84
CY2014 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
8.57
CY2015 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
9.04
CY2016 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
15.79
CY2014 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
50998000 shares
CY2015 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
62527000 shares
CY2015Q3 us-gaap Short Term Borrowings
ShortTermBorrowings
1644000 USD
CY2016Q3 us-gaap Short Term Borrowings
ShortTermBorrowings
0 USD
CY2014Q2 us-gaap Stock Issued During Period Shares Conversion Of Convertible Securities
StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities
452630000 shares
CY2013 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P7Y10M24D
CY2014 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P8Y3M11D
CY2015 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P7Y4M24D
CY2016 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P6Y3M7D
CY2016 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P5Y9M
CY2014 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
77000 shares
CY2015 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
500000 shares
CY2016 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
18000 shares
CY2014 us-gaap Stock Issued During Period Value Conversion Of Convertible Securities Net Of Adjustments
StockIssuedDuringPeriodValueConversionOfConvertibleSecuritiesNetOfAdjustments
0 USD
CY2014 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
674000 USD
CY2015 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
49000 USD
CY2016 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
52000 USD
CY2013Q3 us-gaap Stockholders Equity
StockholdersEquity
510378000 USD
CY2014Q3 us-gaap Stockholders Equity
StockholdersEquity
176469000 USD
CY2015Q3 us-gaap Stockholders Equity
StockholdersEquity
156277000 USD
CY2016Q3 us-gaap Stockholders Equity
StockholdersEquity
257246000 USD
CY2016Q2 us-gaap Stockholders Equity Note Stock Split Conversion Ratio1
StockholdersEquityNoteStockSplitConversionRatio1
1.37
CY2014 us-gaap Treasury Stock Retired Cost Method Amount
TreasuryStockRetiredCostMethodAmount
0 USD
CY2015Q3 us-gaap Treasury Stock Shares
TreasuryStockShares
260900 shares
CY2016Q3 us-gaap Treasury Stock Shares
TreasuryStockShares
260900 shares
CY2015Q3 us-gaap Treasury Stock Value
TreasuryStockValue
2580000 USD
CY2016Q3 us-gaap Treasury Stock Value
TreasuryStockValue
2580000 USD
CY2014 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
252765000 USD
CY2015 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
882000 USD
CY2016Q3 us-gaap Undistributed Earnings Of Foreign Subsidiaries
UndistributedEarningsOfForeignSubsidiaries
26749000 USD
CY2013Q3 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
14164000 USD
CY2014Q3 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
10242000 USD
CY2015Q3 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
8101000 USD
CY2016Q3 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
3803000 USD
CY2014 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
4056000 USD
CY2015 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
2210000 USD
CY2016 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
4360000 USD
CY2015Q3 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
5497000 USD
CY2016Q3 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
3035000 USD
CY2014 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
134000 USD
CY2015 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
69000 USD
CY2016 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
62000 USD
CY2015Q3 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
7532000 USD
CY2016Q3 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
8658000 USD
CY2014 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
50998000 shares
CY2015 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
62527000 shares
CY2016 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
62820000 shares
CY2016 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
62486000 shares
CY2016 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Concentration of Credit Risk </font><font style="font-family:inherit;font-size:10pt;">&#8212; The Company extends credit to various customers in the retail and construction industries. Collection of trade receivables may be affected by changes in economic or other industry conditions and may, accordingly, impact the Company&#8217;s overall credit risk. Although the Company generally does not require collateral, the Company performs ongoing credit evaluations of customers and maintains reserves for potential credit losses. For all periods presented, no customer accounted for more than 10% of sales or accounts receivable.</font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></div>
CY2016 us-gaap Fiscal Period
FiscalPeriod
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:16px;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Fiscal Periods </font><font style="font-family:inherit;font-size:10pt;">&#8212; The Company has a 52- or 53-week fiscal year that ends on the last day in September starting fiscal 2016. Prior to fiscal 2016, the fiscal year ended on the last Friday in September. Fiscal year 2016 was a 53-week fiscal year which ended on </font><font style="font-family:inherit;font-size:10pt;">September 30, 2016</font><font style="font-family:inherit;font-size:10pt;">. Fiscal years 2015 and 2014 were 52-week fiscal years which ended on </font><font style="font-family:inherit;font-size:10pt;">September 25, 2015</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">September&#160;26, 2014</font><font style="font-family:inherit;font-size:10pt;">, respectively. Our next fiscal year will end on September 30, 2017 and will be a 52-week year. Our fiscal quarters end on the last Friday in December, March and June. </font></div><div style="line-height:120%;padding-top:16px;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;"></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-top:16px;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Use of Estimates </font><font style="font-family:inherit;font-size:10pt;">&#8212; The preparation of the consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclose contingent assets and liabilities at the date of the consolidated financial statements and report the associated amounts of revenues and expenses. Significant estimates and assumptions are used for, but not limited to, allowances for doubtful accounts, provisions for certain rebates, sales incentives, trade promotions, product returns and discounts, estimates of future cash flows associated with asset impairments, useful lives for depreciation and amortization, loss contingencies, net realizable value of inventories, legal liabilities, income taxes and tax valuation allowances, pension and postretirement employee benefit liabilities and purchase price allocation. Actual results could differ materially from these estimates. </font></div></div>

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