2016 Q4 Form 10-K Financial Statement

#000136298818000067 Filed on February 13, 2018

View on sec.gov

Income Statement

Concept 2016 Q4 2016 Q3 2016 Q2
Revenue $204.7M $194.7M $190.0M
YoY Change -1.74% -8.22% -7.13%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $15.99M $15.41M
YoY Change 13.92% 4.81%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $305.2M $76.20M $75.07M
YoY Change -10.69% -2.97%
% of Gross Profit
Operating Expenses $166.3M $171.9M
YoY Change -30.91% -5.14%
Operating Profit
YoY Change
Interest Expense $62.39M $62.64M
YoY Change 3.3% 1.71%
% of Operating Profit
Other Income/Expense, Net -$283.0K $2.319M
YoY Change -101.8% -89.15%
Pretax Income -$92.00K $1.158M
YoY Change -115.41% 37.86%
Income Tax $2.458M $2.385M
% Of Pretax Income 205.96%
Net Earnings $151.5M $27.44M $20.03M
YoY Change 199.07% -296.13% -52.09%
Net Earnings / Revenue 74.0% 14.1% 10.54%
Basic Earnings Per Share $0.86 $0.35 $0.25
Diluted Earnings Per Share $0.86 $0.35 $0.25
COMMON SHARES
Basic Shares Outstanding 78.63M shares 77.99M shares 78.16M shares
Diluted Shares Outstanding 78.02M shares 78.16M shares

Balance Sheet

Concept 2016 Q4 2016 Q3 2016 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $455.6M $656.2M $493.2M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $72.98M $67.16M $64.36M
YoY Change 44.86% 36.7% 32.12%
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $7.245B $7.183B $6.946B
YoY Change 10.27% 10.7% 2.09%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities
YoY Change
LONG-TERM LIABILITIES
Long-Term Debt
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities
Total Long-Term Liabilities
Total Liabilities $5.410B $5.398B $5.169B
YoY Change 12.94% 14.17% 3.01%
SHAREHOLDERS EQUITY
Retained Earnings $315.9M $268.6M $260.0M
YoY Change 30.76% 27.72% 7.38%
Common Stock $1.522B $1.521B $1.521B
YoY Change -1.88% -3.05% -2.92%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.834B $1.785B $1.776B
YoY Change
Total Liabilities & Shareholders Equity $7.245B $7.183B $6.946B
YoY Change 10.27% 10.7% 2.09%

Cashflow Statement

Concept 2016 Q4 2016 Q3 2016 Q2
OPERATING ACTIVITIES
Net Income $151.5M $27.44M $20.03M
YoY Change 199.07% -296.13% -52.09%
Depreciation, Depletion And Amortization $305.2M $76.20M $75.07M
YoY Change -10.69% -2.97%
Cash From Operating Activities
YoY Change
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities $839.0K
YoY Change
Cash From Investing Activities
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $588.8M
YoY Change
Cash From Financing Activities
YoY Change
NET CHANGE
Cash From Operating Activities
Cash From Investing Activities
Cash From Financing Activities
Net Change In Cash
YoY Change
FREE CASH FLOW
Cash From Operating Activities
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
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1.0000
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1.0000
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1.0000
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0.0076
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CY2015 ayr Weighted Average Numberof Shares Outstanding Basic Percent
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CY2017 dei Amendment Flag
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CY2017 dei Document Fiscal Period Focus
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CY2017 dei Document Fiscal Year Focus
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CY2017 dei Document Period End Date
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CY2017 dei Document Type
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CY2017 dei Entity Central Index Key
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CY2017 dei Entity Current Reporting Status
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CY2017 dei Entity Filer Category
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CY2017 dei Entity Registrant Name
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DeferredIncomeTaxExpenseBenefit
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DeferredIncomeTaxExpenseBenefit
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DeferredIncomeTaxLiabilities
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CY2017Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
62025000 USD
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33907000 USD
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42338000 USD
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36050000 USD
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CY2016 us-gaap Deferred Income Taxes And Tax Credits
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6156000 USD
CY2017 us-gaap Deferred Income Taxes And Tax Credits
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29016000 USD
CY2017Q4 us-gaap Deferred Revenue Leases Accumulated Amortization
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36111000 USD
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CY2017Q4 us-gaap Deferred Revenue Leases Net
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14597000 USD
CY2015 us-gaap Deferred State And Local Income Tax Expense Benefit
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CY2016 us-gaap Deferred State And Local Income Tax Expense Benefit
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CY2017 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
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DeferredTaxAssetsGross
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CY2017Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
25975000 USD
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1902000 USD
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497000 USD
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22804000 USD
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761000 USD
CY2016Q4 us-gaap Deferred Tax Assets Other
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1902000 USD
CY2017Q4 us-gaap Deferred Tax Assets Other
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1272000 USD
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1483000 USD
CY2016Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
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2183000 USD
CY2017Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
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1899000 USD
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44241000 USD
CY2017Q4 us-gaap Deferred Tax Liabilities
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36547000 USD
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442000 USD
CY2016Q4 us-gaap Deferred Tax Liabilities Other
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1227000 USD
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87716000 USD
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92734000 USD
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62379000 USD
CY2017Q4 us-gaap Deferred Tax Liability Not Recognized Amount Of Unrecognized Deferred Tax Liability Undistributed Earnings Of Foreign Subsidiaries
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3421000 USD
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12923000 USD
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23704000 USD
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318783000 USD
CY2016 us-gaap Depreciation
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305216000 USD
CY2017 us-gaap Depreciation
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298664000 USD
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3834000 USD
CY2017Q4 us-gaap Disposal Group Including Discontinued Operation Property Plant And Equipment
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707000 USD
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17863000 USD
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17860000 USD
CY2015Q4 us-gaap Dividends Common Stock Cash
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19377000 USD
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18915000 USD
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18915000 USD
CY2016Q3 us-gaap Dividends Common Stock Cash
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18872000 USD
CY2016Q4 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
20434000 USD
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20466000 USD
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20482000 USD
CY2017Q3 us-gaap Dividends Common Stock Cash
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20464000 USD
CY2017Q4 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
22039000 USD
CY2015 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
72960000 USD
CY2016 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
77137000 USD
CY2017 us-gaap Dividends Common Stock Cash
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83433000 USD
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1.50
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0.46
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0.35
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0.86
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1.92
CY2016 us-gaap Earnings Per Share Basic
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1.92
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0.54
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0.73
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0.70
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1.88
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1.50
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0.46
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0.25
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EarningsPerShareDiluted
0.35
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EarningsPerShareDiluted
0.86
CY2017Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.54
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EarningsPerShareDiluted
-0.09
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EarningsPerShareDiluted
0.73
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EarningsPerShareDiluted
0.70
CY2017 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.87
CY2017 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
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P1Y7M13D
CY2015Q4 us-gaap Equity Method Investments
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50377000 USD
CY2016Q4 us-gaap Equity Method Investments
EquityMethodInvestments
72977000 USD
CY2017Q4 us-gaap Equity Method Investments
EquityMethodInvestments
76982000 USD
CY2017 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Transfers Net
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0 USD
CY2015 us-gaap Gain Loss On Cash Flow Hedge Ineffectiveness Net
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-455000 USD
CY2016 us-gaap Gain Loss On Cash Flow Hedge Ineffectiveness Net
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0 USD
CY2017 us-gaap Gain Loss On Cash Flow Hedge Ineffectiveness Net
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0 USD
CY2015 us-gaap Gain Loss On Sale Of Property Plant Equipment
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58017000 USD
CY2016 us-gaap Gain Loss On Sale Of Property Plant Equipment
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39126000 USD
CY2017 us-gaap Gain Loss On Sale Of Property Plant Equipment
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55167000 USD
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
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2433000 USD
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
2230000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
2801000 USD
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IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
125810000 USD
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
154275000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
143504000 USD
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IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
128243000 USD
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
156505000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
146305000 USD
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IncomeLossFromEquityMethodInvestments
6257000 USD
CY2016 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
7255000 USD
CY2017 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
7611000 USD
CY2015 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
12771000 USD
CY2016 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
12307000 USD
CY2017 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
6042000 USD
CY2015 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
44885000 USD
CY2016 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
54777000 USD
CY2017 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
51207000 USD
CY2015 us-gaap Income Tax Reconciliation Nondeductible Expense
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737000 USD
CY2016 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
525000 USD
CY2017 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
-236000 USD
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188000 USD
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IncomeTaxReconciliationStateAndLocalIncomeTaxes
221000 USD
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IncomeTaxReconciliationOtherAdjustments
-165000 USD
CY2016 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-255000 USD
CY2016 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
182000 USD
CY2017 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
168000 USD
CY2015 us-gaap Income Taxes Paid Net
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12716000 USD
CY2016 us-gaap Income Taxes Paid Net
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16693000 USD
CY2017 us-gaap Income Taxes Paid Net
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4576000 USD
CY2015 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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7255000 USD
CY2016 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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-4014000 USD
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13857000 USD
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5406000 USD
CY2016 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-832000 USD
CY2017 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
6734000 USD
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IncreaseDecreaseInDeferredRevenue
15665000 USD
CY2016 us-gaap Increase Decrease In Deferred Revenue
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3645000 USD
CY2017 us-gaap Increase Decrease In Deferred Revenue
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5033000 USD
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1089000 USD
CY2017 us-gaap Increase Decrease In Other Operating Assets
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7655000 USD
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IncrementalCommonSharesAttributableToParticipatingNonvestedSharesWithNonForfeitableDividendRights
653944 shares
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IncrementalCommonSharesAttributableToParticipatingNonvestedSharesWithNonForfeitableDividendRights
556592 shares
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105000 USD
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InterestAndDividendIncomeOperating
1140000 USD
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InterestAndDividendIncomeOperating
3411000 USD
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0 USD
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InterestCostsCapitalized
144000 USD
CY2017 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
255000 USD
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InterestExpense
243682000 USD
CY2016 us-gaap Interest Expense
InterestExpense
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CY2017 us-gaap Interest Expense
InterestExpense
244897000 USD
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CY2016 us-gaap Interest Income Expense Net
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CY2017 us-gaap Interest Income Expense Net
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CY2015 us-gaap Interest Paid Net
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CY2016 us-gaap Interest Paid Net
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InterestPaidNet
228125000 USD
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43107000 USD
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38129000 USD
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-24023000 USD
CY2016 us-gaap Interest Rate Cash Flow Hedge Gain Loss Reclassified To Earnings Net
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-9662000 USD
CY2017 us-gaap Interest Rate Cash Flow Hedge Gain Loss Reclassified To Earnings Net
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-2202000 USD
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5735000 USD
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3254000 USD
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5410351000 USD
CY2017Q4 us-gaap Liabilities
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5291519000 USD
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7244665000 USD
CY2017Q4 us-gaap Liabilities And Stockholders Equity
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7199083000 USD
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13307000 USD
CY2016 us-gaap Liabilities Assumed1
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202808000 USD
CY2017 us-gaap Liabilities Assumed1
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149100000 USD
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1332823000 USD
CY2017Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
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521377000 USD
CY2017Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
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584439000 USD
CY2017Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
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617680000 USD
CY2017Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
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473567000 USD
CY2017Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
828047000 USD
CY2017 us-gaap Long Term Purchase Commitment Minimum Quantity Required
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25 Aircraft
CY2016 us-gaap Loss On Contract Termination
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4960000 USD
CY2017 us-gaap Loss On Contract Termination
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2058000 USD
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71049000 USD
CY2016 us-gaap Maintenance Revenue
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33590000 USD
CY2017 us-gaap Maintenance Revenue
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56128000 USD
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121729000 USD
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36262000 USD
CY2016Q2 us-gaap Net Income Loss
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20030000 USD
CY2016Q3 us-gaap Net Income Loss
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27437000 USD
CY2016Q4 us-gaap Net Income Loss
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CY2016 us-gaap Net Income Loss
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151453000 USD
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42439000 USD
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57431000 USD
CY2017Q4 us-gaap Net Income Loss
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55120000 USD
CY2017 us-gaap Net Income Loss
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147874000 USD
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120805000 USD
CY2016 us-gaap Net Income Loss Available To Common Stockholders Basic
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150196000 USD
CY2017 us-gaap Net Income Loss Available To Common Stockholders Basic
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146829000 USD
CY2015 us-gaap Net Income Loss Available To Common Stockholders Diluted
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120805000 USD
CY2016 us-gaap Net Income Loss Available To Common Stockholders Diluted
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150196000 USD
CY2017 us-gaap Net Income Loss Available To Common Stockholders Diluted
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146829000 USD
CY2015 us-gaap Nonoperating Income Expense
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58936000 USD
CY2016 us-gaap Nonoperating Income Expense
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42653000 USD
CY2017 us-gaap Nonoperating Income Expense
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52691000 USD
CY2016Q4 us-gaap Notes And Loans Receivable Net Noncurrent
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0 USD
CY2017Q4 us-gaap Notes And Loans Receivable Net Noncurrent
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10000000 USD
CY2017 us-gaap Number Of Operating Segments
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1 segment
CY2015 us-gaap Operating Expenses
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749895000 USD
CY2016 us-gaap Operating Expenses
OperatingExpenses
659106000 USD
CY2017 us-gaap Operating Expenses
OperatingExpenses
703006000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due
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18785000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
1716000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
1681000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
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1649000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
1618000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
2531000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
9590000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Receivable
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3264835000 USD
CY2016Q4 us-gaap Other Assets
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148398000 USD
CY2017Q4 us-gaap Other Assets
OtherAssets
141210000 USD
CY2016Q4 us-gaap Other Assets Miscellaneous
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27417000 USD
CY2017Q4 us-gaap Other Assets Miscellaneous
OtherAssetsMiscellaneous
28533000 USD
CY2015 us-gaap Other Comprehensive Income Loss Net Of Tax
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25247000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Receivable Current
OperatingLeasesFutureMinimumPaymentsReceivableCurrent
722081000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Five Years
OperatingLeasesFutureMinimumPaymentsReceivableInFiveYears
317708000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Four Years
OperatingLeasesFutureMinimumPaymentsReceivableInFourYears
406349000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Three Years
OperatingLeasesFutureMinimumPaymentsReceivableInThreeYears
519345000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Two Years
OperatingLeasesFutureMinimumPaymentsReceivableInTwoYears
634922000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Receivable Thereafter
OperatingLeasesFutureMinimumPaymentsReceivableThereafter
664430000 USD
CY2015 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
733417000 USD
CY2016 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
725220000 USD
CY2017 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
721302000 USD
CY2015 us-gaap Operating Leases Rent Expense Minimum Rentals
OperatingLeasesRentExpenseMinimumRentals
1163000 USD
CY2016 us-gaap Operating Leases Rent Expense Minimum Rentals
OperatingLeasesRentExpenseMinimumRentals
1951000 USD
CY2017 us-gaap Operating Leases Rent Expense Minimum Rentals
OperatingLeasesRentExpenseMinimumRentals
2143000 USD
CY2016 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
9661000 USD
CY2017 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
2202000 USD
CY2015 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
-24023000 USD
CY2016 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
-9662000 USD
CY2017 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
-2202000 USD
CY2015 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
1224000 USD
CY2016 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-1000 USD
CY2017 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
0 USD
CY2015 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
35000 USD
CY2016 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
0 USD
CY2017 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
0 USD
CY2015 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
896000 USD
CY2016 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
6867000 USD
CY2017 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-1476000 USD
CY2015 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
919000 USD
CY2016 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
3527000 USD
CY2017 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-2476000 USD
CY2015 us-gaap Other Sales Revenue Net
OtherSalesRevenueNet
17742000 USD
CY2016 us-gaap Other Sales Revenue Net
OtherSalesRevenueNet
7311000 USD
CY2017 us-gaap Other Sales Revenue Net
OtherSalesRevenueNet
5188000 USD
CY2015 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
924000 USD
CY2016 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
1257000 USD
CY2017 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
1045000 USD
CY2015 us-gaap Payments For Derivative Instrument Financing Activities
PaymentsForDerivativeInstrumentFinancingActivities
0 USD
CY2016 us-gaap Payments For Derivative Instrument Financing Activities
PaymentsForDerivativeInstrumentFinancingActivities
2283000 USD
CY2017 us-gaap Payments For Derivative Instrument Financing Activities
PaymentsForDerivativeInstrumentFinancingActivities
0 USD
CY2015 us-gaap Payments For Flight Equipment
PaymentsForFlightEquipment
1320669000 USD
CY2016 us-gaap Payments For Flight Equipment
PaymentsForFlightEquipment
1331059000 USD
CY2016 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
18890000 USD
CY2017 us-gaap Payments For Flight Equipment
PaymentsForFlightEquipment
1038343000 USD
CY2015 us-gaap Payments For Other Deposits
PaymentsForOtherDeposits
6812000 USD
CY2016 us-gaap Payments For Other Deposits
PaymentsForOtherDeposits
9628000 USD
CY2017 us-gaap Payments For Other Deposits
PaymentsForOtherDeposits
7681000 USD
CY2015 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
610000 USD
CY2016 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
839000 USD
CY2017 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
5122000 USD
CY2015 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
72960000 USD
CY2016 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
77137000 USD
CY2017 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
83433000 USD
CY2015 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
11881000 USD
CY2017 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
8540000 USD
CY2016 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
20818000 USD
CY2017 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
2994000 USD
CY2015 us-gaap Payments To Acquire Finance Receivables
PaymentsToAcquireFinanceReceivables
91648000 USD
CY2016 us-gaap Payments To Acquire Finance Receivables
PaymentsToAcquireFinanceReceivables
78892000 USD
CY2017 us-gaap Payments To Acquire Finance Receivables
PaymentsToAcquireFinanceReceivables
331721000 USD
CY2015 us-gaap Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
0 USD
CY2016 us-gaap Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
18048000 USD
CY2017 us-gaap Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
0 USD
CY2016Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2017Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2016Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000 shares
CY2017Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000 shares
CY2016Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2017Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2016Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2017Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2016Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2017Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2015 us-gaap Proceeds From Collection Of Finance Receivables
ProceedsFromCollectionOfFinanceReceivables
9559000 USD
CY2016 us-gaap Proceeds From Collection Of Finance Receivables
ProceedsFromCollectionOfFinanceReceivables
19413000 USD
CY2017 us-gaap Proceeds From Collection Of Finance Receivables
ProceedsFromCollectionOfFinanceReceivables
32184000 USD
CY2015 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
975000000 USD
CY2016 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
1054250000 USD
CY2017 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
675000000 USD
CY2015 us-gaap Proceeds From Repurchase Of Equity
ProceedsFromRepurchaseOfEquity
-20881000 USD
CY2016 us-gaap Proceeds From Repurchase Of Equity
ProceedsFromRepurchaseOfEquity
-37337000 USD
CY2017 us-gaap Proceeds From Repurchase Of Equity
ProceedsFromRepurchaseOfEquity
-4862000 USD
CY2015 us-gaap Proceeds From Sale Of Flight Equipment
ProceedsFromSaleOfFlightEquipment
562518000 USD
CY2016 us-gaap Proceeds From Sale Of Flight Equipment
ProceedsFromSaleOfFlightEquipment
755898000 USD
CY2017 us-gaap Proceeds From Sale Of Flight Equipment
ProceedsFromSaleOfFlightEquipment
833576000 USD
CY2015 us-gaap Property Plant And Equipment Transfers And Changes
PropertyPlantAndEquipmentTransfersAndChanges
40327000 USD
CY2016 us-gaap Property Plant And Equipment Transfers And Changes
PropertyPlantAndEquipmentTransfersAndChanges
142950000 USD
CY2017 us-gaap Property Plant And Equipment Transfers And Changes
PropertyPlantAndEquipmentTransfersAndChanges
154213000 USD
CY2016Q4 us-gaap Property Subject To Or Available For Operating Lease Accumulated Depreciation
PropertySubjectToOrAvailableForOperatingLeaseAccumulatedDepreciation
1224899000 USD
CY2017Q4 us-gaap Property Subject To Or Available For Operating Lease Accumulated Depreciation
PropertySubjectToOrAvailableForOperatingLeaseAccumulatedDepreciation
1125594000 USD
CY2016Q4 us-gaap Property Subject To Or Available For Operating Lease Net
PropertySubjectToOrAvailableForOperatingLeaseNet
6247585000 USD
CY2017Q4 us-gaap Property Subject To Or Available For Operating Lease Net
PropertySubjectToOrAvailableForOperatingLeaseNet
6188469000 USD
CY2016Q4 us-gaap Property Subject To Or Available For Operating Lease Number Of Units
PropertySubjectToOrAvailableForOperatingLeaseNumberOfUnits
193 Aircraft
CY2017Q4 us-gaap Property Subject To Or Available For Operating Lease Number Of Units
PropertySubjectToOrAvailableForOperatingLeaseNumberOfUnits
224 Aircraft
CY2017Q4 us-gaap Purchase Obligation
PurchaseObligation
1453625000 USD
CY2017Q4 us-gaap Purchase Obligation Due After Fifth Year
PurchaseObligationDueAfterFifthYear
0 USD
CY2017Q4 us-gaap Purchase Obligation Due In Fifth Year
PurchaseObligationDueInFifthYear
0 USD
CY2017Q4 us-gaap Purchase Obligation Due In Fourth Year
PurchaseObligationDueInFourthYear
141643000 USD
CY2017Q4 us-gaap Purchase Obligation Due In Next Twelve Months
PurchaseObligationDueInNextTwelveMonths
466693000 USD
CY2017Q4 us-gaap Purchase Obligation Due In Second Year
PurchaseObligationDueInSecondYear
470073000 USD
CY2017Q4 us-gaap Purchase Obligation Due In Third Year
PurchaseObligationDueInThirdYear
375216000 USD
CY2015 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
681393000 USD
CY2016 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
588778000 USD
CY2017 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
878534000 USD
CY2016Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
53238000 USD
CY2017Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
21935000 USD
CY2016Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
315890000 USD
CY2017Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
380331000 USD
CY2015 us-gaap Revenues
Revenues
819202000 USD
CY2016Q1 us-gaap Revenues
Revenues
183665000 USD
CY2016Q2 us-gaap Revenues
Revenues
189988000 USD
CY2016Q3 us-gaap Revenues
Revenues
194652000 USD
CY2016Q4 us-gaap Revenues
Revenues
204653000 USD
CY2016 us-gaap Revenues
Revenues
772958000 USD
CY2017Q1 us-gaap Revenues
Revenues
204273000 USD
CY2017Q2 us-gaap Revenues
Revenues
223534000 USD
CY2017Q3 us-gaap Revenues
Revenues
191411000 USD
CY2017Q4 us-gaap Revenues
Revenues
177402000 USD
CY2017 us-gaap Revenues
Revenues
796620000 USD
CY2016Q4 us-gaap Secured Debt
SecuredDebt
1219034000 USD
CY2017Q4 us-gaap Secured Debt
SecuredDebt
849874000 USD
CY2016Q4 us-gaap Security Deposit Liability
SecurityDepositLiability
122597000 USD
CY2017Q4 us-gaap Security Deposit Liability
SecurityDepositLiability
130628000 USD
CY2015 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
56198000 USD
CY2016 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
61872000 USD
CY2017 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
73604000 USD
CY2015 us-gaap Share Based Compensation
ShareBasedCompensation
5537000 USD
CY2016 us-gaap Share Based Compensation
ShareBasedCompensation
7901000 USD
CY2017 us-gaap Share Based Compensation
ShareBasedCompensation
13148000 USD
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
10600 shares
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
9000 shares
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
4200 shares
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
19.22
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
18.21
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
20.36
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
308800 shares
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
336700 shares
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
315500 shares
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
21.58
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
16.58
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
22.41
CY2014Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
621300 shares
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
651400 shares
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
676700 shares
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
518400 shares
CY2015 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
80489391 shares
CY2016 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
78161494 shares
CY2017 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
78219458 shares
CY2016 us-gaap Write Off Of Deferred Debt Issuance Cost
WriteOffOfDeferredDebtIssuanceCost
2880000 USD
CY2017 us-gaap Write Off Of Deferred Debt Issuance Cost
WriteOffOfDeferredDebtIssuanceCost
4005000 USD
CY2014Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
16.15
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
18.81
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
17.84
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
19.92
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
268100 shares
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
302400 shares
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
469600 shares
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
15.82
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
18.50
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
18.60
CY2016 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
0 USD
CY2017Q4 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
95888000 USD
CY2015 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
20881000 USD
CY2016 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
37337000 USD
CY2017 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
4862000 USD
CY2014Q4 us-gaap Stockholders Equity
StockholdersEquity
1720335000 USD
CY2015Q4 us-gaap Stockholders Equity
StockholdersEquity
1779500000 USD
CY2016Q4 us-gaap Stockholders Equity
StockholdersEquity
1834314000 USD
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
1907564000 USD
CY2017Q4 us-gaap Undistributed Earnings Of Foreign Subsidiaries
UndistributedEarningsOfForeignSubsidiaries
11404000 USD
CY2017Q4 us-gaap Unrecorded Unconditional Purchase Obligation Balance Sheet Amount
UnrecordedUnconditionalPurchaseObligationBalanceSheetAmount
1453625000 USD
CY2017Q4 us-gaap Unrecorded Unconditional Purchase Obligation Minimum Quantity Required
UnrecordedUnconditionalPurchaseObligationMinimumQuantityRequired
37 Aircraft
CY2016Q4 us-gaap Unsecured Debt
UnsecuredDebt
3287211000 USD
CY2017Q4 us-gaap Unsecured Debt
UnsecuredDebt
3463732000 USD
CY2015 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
CY2016 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
42785 shares
CY2017 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
153983 shares
CY2015 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
80489391 shares
CY2016 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
78204279 shares
CY2017 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
78373441 shares
CY2017 us-gaap Revenue Recognition Leases
RevenueRecognitionLeases
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:16px;padding-top:16px;text-align:justify;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;font-weight:bold;">Lease Revenue Recognition</font></div><div style="line-height:120%;padding-bottom:12px;text-align:justify;text-indent:32px;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;">We lease flight equipment under net operating leases with lease terms typically ranging from </font><font style="font-family:inherit;font-size:10.5pt;color:#000000;text-decoration:none;">three</font><font style="font-family:inherit;font-size:10.5pt;"> to </font><font style="font-family:Times New Roman;font-size:10.5pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;">seven</font><font style="font-family:inherit;font-size:10.5pt;"> years. We generally do not offer renewal terms or purchase options in our leases, although certain of our operating leases allow the lessee the option to extend the lease for an additional term. Operating leases with fixed rentals and step rentals are recognized on a straight-line basis over the term of the initial lease, assuming no renewals. Operating lease rentals that adjust based on a London Interbank Offered Rate (&#8220;LIBOR&#8221;) index are recognized on a straight-line basis over the period the rentals are fixed and accruable. Revenue is not recognized when collection is not reasonably assured. When collectability is not reasonably assured, the customer is placed on non-accrual status, and revenue is recognized when cash payments are received.</font></div></div>
CY2017 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:16px;padding-top:16px;text-align:justify;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;font-weight:bold;">Use of Estimates</font></div><div style="line-height:120%;padding-bottom:12px;text-align:justify;text-indent:32px;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;">The preparation of financial statements in conformity with U.S.&#160;GAAP requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying notes. While Aircastle believes that the estimates and related assumptions used in the preparation of the consolidated financial statements are appropriate, actual results could differ from those estimates.</font></div></div>

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