2019 Q3 Form 10-Q Financial Statement

#000155837019006962 Filed on August 02, 2019

View on sec.gov

Income Statement

Concept 2019 Q3 2019 Q2 2018 Q2
Revenue $199.2M $203.9M $172.4M
YoY Change 1632.17% 18.29% -5.14%
Cost Of Revenue $119.1M $120.4M $105.5M
YoY Change 744.68% 14.04% -4.13%
Gross Profit $80.20M $83.51M $66.82M
YoY Change -3184.62% 24.99% -6.68%
Gross Profit Margin 40.26% 40.96% 38.76%
Selling, General & Admin $53.50M $52.60M $42.14M
YoY Change 76.57% 24.81% 5.36%
% of Gross Profit 66.71% 62.98% 63.07%
Research & Development $14.90M $14.24M $12.05M
YoY Change 132.81% 18.18% 0.38%
% of Gross Profit 18.58% 17.05% 18.03%
Depreciation & Amortization $14.10M $14.10M $10.00M
YoY Change 43.88% 41.0% 44.93%
% of Gross Profit 17.58% 16.88% 14.97%
Operating Expenses $68.30M $67.09M $54.27M
YoY Change 86.1% 23.62% 4.36%
Operating Profit $11.90M $16.42M $12.55M
YoY Change -130.28% 30.89% -35.98%
Interest Expense $400.0K $8.041M $2.465M
YoY Change -140.0% 226.21% 1132.5%
% of Operating Profit 3.36% 48.96% 19.65%
Other Income/Expense, Net -$1.100M -$309.0K -$608.0K
YoY Change -47.62% -49.18% 21.6%
Pretax Income $4.700M $8.181M $10.16M
YoY Change -110.93% -19.5% -45.06%
Income Tax -$5.600M $7.300M $5.400M
% Of Pretax Income -119.15% 89.23% 53.13%
Net Earnings $412.3M $7.254M $22.72M
YoY Change 3864.42% -68.07% 30.56%
Net Earnings / Revenue 206.98% 3.56% 13.18%
Basic Earnings Per Share $0.10 $0.32
Diluted Earnings Per Share $5.67 $0.10 $0.32
COMMON SHARES
Basic Shares Outstanding 72.22M 72.19M 70.60M
Diluted Shares Outstanding 72.47M 70.98M

Balance Sheet

Concept 2019 Q3 2019 Q2 2018 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $290.8M $156.8M $221.5M
YoY Change 19.17% -29.19% 89.15%
Cash & Equivalents $256.6M $156.8M $179.4M
Short-Term Investments $34.12M $35.00K $42.10M
Other Short-Term Assets $32.30M $96.90M $31.40M
YoY Change -66.97% 208.6% 41.44%
Inventory $99.45M $104.8M $132.3M
Prepaid Expenses
Receivables $165.6M $163.1M $156.7M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $647.1M $526.9M $541.9M
YoY Change 14.73% -2.77% 48.3%
LONG-TERM ASSETS
Property, Plant & Equipment $100.7M $98.33M $61.50M
YoY Change 67.82% 59.89% 16.26%
Goodwill $440.8M $490.5M
YoY Change 72.25%
Intangibles
YoY Change
Long-Term Investments $2.800M $2.900M $47.60M
YoY Change -61.11% -93.91% 35.23%
Other Assets $20.51M $21.13M $52.00M
YoY Change 287.34% -59.37% 622.22%
Total Long-Term Assets $868.9M $966.0M $549.5M
YoY Change 63.56% 75.79% 44.07%
TOTAL ASSETS
Total Short-Term Assets $647.1M $526.9M $541.9M
Total Long-Term Assets $868.9M $966.0M $549.5M
Total Assets $1.516B $1.493B $1.091B
YoY Change 38.41% 36.78% 46.14%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $58.92M $47.79M $67.60M
YoY Change 31.74% -29.31% 35.2%
Accrued Expenses $83.80M $69.80M $62.70M
YoY Change 25.64% 11.32% 21.28%
Deferred Revenue $29.44M $30.60M
YoY Change 13.72%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $829.0K $6.326M $2.000M
YoY Change -58.55% 216.3%
Total Short-Term Liabilities $272.3M $175.0M $164.9M
YoY Change 65.4% 6.12% 13.49%
LONG-TERM LIABILITIES
Long-Term Debt $50.32M $534.7M $194.5M
YoY Change -74.07% 174.93%
Other Long-Term Liabilities $10.21M $8.953M $12.40M
YoY Change 84.1% -27.8% 40.91%
Total Long-Term Liabilities $60.53M $543.7M $206.9M
YoY Change -69.68% 162.78% 2251.14%
TOTAL LIABILITIES
Total Short-Term Liabilities $272.3M $175.0M $164.9M
Total Long-Term Liabilities $60.53M $543.7M $206.9M
Total Liabilities $377.0M $754.7M $379.2M
YoY Change -0.1% 99.03% 141.53%
SHAREHOLDERS EQUITY
Retained Earnings -$586.4M -$991.5M
YoY Change -41.01%
Common Stock $1.923B $1.916B
YoY Change 1.24%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares $13.46M $13.46M
Shareholders Equity $1.139B $738.1M $712.2M
YoY Change
Total Liabilities & Shareholders Equity $1.516B $1.493B $1.091B
YoY Change 38.41% 36.78% 46.14%

Cashflow Statement

Concept 2019 Q3 2019 Q2 2018 Q2
OPERATING ACTIVITIES
Net Income $412.3M $7.254M $22.72M
YoY Change 3864.42% -68.07% 30.56%
Depreciation, Depletion And Amortization $14.10M $14.10M $10.00M
YoY Change 43.88% 41.0% 44.93%
Cash From Operating Activities $32.70M $36.00M $19.40M
YoY Change 4.81% 85.57% 7.18%
INVESTING ACTIVITIES
Capital Expenditures $8.400M $5.800M $3.600M
YoY Change 140.0% 61.11% 89.47%
Acquisitions
YoY Change
Other Investing Activities $627.7M $0.00 -$18.40M
YoY Change -20348.39% -100.0% -611.11%
Cash From Investing Activities $619.4M -$5.900M -$22.10M
YoY Change -9629.23% -73.3% -1400.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -501.0M -10.20M -7.600M
YoY Change 8113.11% 34.21% 8.57%
NET CHANGE
Cash From Operating Activities 32.70M 36.00M 19.40M
Cash From Investing Activities 619.4M -5.900M -22.10M
Cash From Financing Activities -501.0M -10.20M -7.600M
Net Change In Cash 151.1M 19.90M -10.30M
YoY Change 712.37% -293.2% -180.47%
FREE CASH FLOW
Cash From Operating Activities $32.70M $36.00M $19.40M
Capital Expenditures $8.400M $5.800M $3.600M
Free Cash Flow $24.30M $30.20M $15.80M
YoY Change -12.27% 91.14% -2.47%

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WeightedAverageNumberOfDilutedSharesOutstanding
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ProfitLoss
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ProfitLoss
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us-gaap Profit Loss
ProfitLoss
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OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax
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us-gaap Other Comprehensive Income Loss Available For Sale Securities Tax
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OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax
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CY2018Q2 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Tax
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us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Tax
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CY2019Q2 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
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CY2018Q2 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
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us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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ComprehensiveIncomeNetOfTax
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ProfitLoss
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us-gaap Share Based Compensation
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ShareBasedCompensation
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us-gaap Insurance Recoveries
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us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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us-gaap Increase Decrease In Employee Related Liabilities
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us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
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PaymentsToAcquirePropertyPlantAndEquipment
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us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
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us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
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us-gaap Payments To Acquire Available For Sale Securities Debt
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us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
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us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Proceeds From Issuance Of Secured Debt
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us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
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us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
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us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
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us-gaap Repayments Of Secured Debt
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us-gaap Repayments Of Secured Debt
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us-gaap Repayments Of Long Term Capital Lease Obligations
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us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
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us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
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us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
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us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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CY2018Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CY2018Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
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us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
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us-gaap Stock Issued During Period Value Share Based Compensation
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us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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us-gaap Common Stock Dividends Per Share Declared
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us-gaap Dividends Common Stock Cash
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us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
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us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
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us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
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us-gaap Profit Loss
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us-gaap Stock Issued During Period Value Share Based Compensation
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us-gaap Common Stock Dividends Per Share Declared
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us-gaap Dividends Common Stock Cash
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us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
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us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
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us-gaap Cumulative Effect On Retained Earnings Net Of Tax1
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us-gaap Profit Loss
ProfitLoss
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StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
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us-gaap Use Of Estimates
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<p style="font-family:'Times New Roman';font-size:10pt;font-style:italic;font-weight:bold;margin:0pt 0pt 12pt 0pt;">Use of Estimates</p><p style="font-family:'Times New Roman';font-size:10pt;text-indent:18pt;margin:0pt 0pt 12pt 0pt;">The preparation of unaudited consolidated financial statements in conformity with GAAP requires management to make certain estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the unaudited consolidated financial statements and the reported amounts of revenue and expenses during the reporting period. Significant estimates are associated with accounts receivable, inventories, goodwill, intangible assets other than goodwill, long-lived assets, derivative financial instruments, deferred income taxes, warranty obligations, revenue recognized on an over time method, pension obligations and stock-based compensation expense. The Company bases its estimates on historical experience and various other assumptions, including in certain circumstances future projections that management believes to be reasonable under the circumstances. Although the Company regularly assesses these estimates, actual results could differ from those estimates. Changes in estimates are recorded in the period in which they occur and become known.</p>
CY2019Q2 us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
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CY2018Q2 us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
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us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
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us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
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CY2018Q2 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
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us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
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us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
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CY2018Q3 us-gaap Prepaid Expense And Other Assets Current
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CY2018Q4 brks Registration Fees Benefit Period
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us-gaap Cost Of Goods And Services Sold
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us-gaap Gross Profit
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CY2018Q2 brks Available For Sale Securities Sold During Period Fair Value
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CY2019Q2 brks Available For Sale Securities Sold During Period Fair Value
AvailableForSaleSecuritiesSoldDuringPeriodFairValue
0
brks Available For Sale Securities Sold During Period Fair Value
AvailableForSaleSecuritiesSoldDuringPeriodFairValue
0
brks Available For Sale Securities Sold During Period Fair Value
AvailableForSaleSecuritiesSoldDuringPeriodFairValue
49400000
brks Available For Sale Securities Sold During Period Amortized Cost Basis
AvailableForSaleSecuritiesSoldDuringPeriodAmortizedCostBasis
49500000
us-gaap Debt Securities Realized Gain Loss
DebtSecuritiesRealizedGainLoss
-100000
us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
48900000
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
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-100000
CY2019Q2 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
2909000
CY2019Q2 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
2909000
CY2018Q3 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
53629000
CY2018Q3 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
112000
CY2018Q3 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
1000
CY2018Q3 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
53518000
CY2019Q2 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
35000
CY2019Q2 us-gaap Available For Sale Securities Debt Maturities After Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue
2874000
CY2019Q2 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
2909000
CY2019Q2 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
0
CY2018Q3 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
43000000.0
CY2019Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
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34390000
CY2019Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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203880000
CY2019Q2 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
921000
CY2018Q4 brks Business Acquisition Pro Forma Depreciation
BusinessAcquisitionProFormaDepreciation
1600000
CY2018Q4 brks Business Acquisition Pro Forma Interest Expense
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2000000.0
us-gaap Business Acquisitions Pro Forma Net Income Loss
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-37200000
us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
-38200000
CY2018Q2 us-gaap Number Of Reporting Units
NumberOfReportingUnits
5
CY2019Q2 us-gaap Number Of Reporting Units
NumberOfReportingUnits
5
us-gaap Number Of Reporting Units
NumberOfReportingUnits
5
us-gaap Number Of Reporting Units
NumberOfReportingUnits
5
CY2018Q3 us-gaap Goodwill Gross
GoodwillGross
870834000
CY2018Q3 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
614958000
CY2018Q3 us-gaap Goodwill
Goodwill
255876000
brks Goodwill Acquired During Period And Adjustments
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234669000
CY2019Q2 us-gaap Goodwill Gross
GoodwillGross
1105503000
CY2019Q2 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
614958000
CY2019Q2 us-gaap Goodwill
Goodwill
490545000
us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
234700000
CY2019Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
387177000
CY2019Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
124982000
CY2019Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
262195000
CY2018Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
198918000
CY2018Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
98962000
CY2018Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
99956000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
26200000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
17700000
CY2019Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
9025000
CY2019Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
41365000
CY2019Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
37494000
CY2019Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
31267000
CY2019Q2 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
108654000
CY2019Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
262195000
CY2019Q1 brks Debt Instrument Face Amount Discounted From Par
DebtInstrumentFaceAmountDiscountedFromPar
345200000
CY2019Q2 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
1375000
CY2019Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
6328000
CY2019Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
6327000
CY2019Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
5500000
CY2019Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
5500000
CY2019Q2 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
521875000
CY2019Q2 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
546905000
CY2019Q2 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
5831000
CY2019Q2 us-gaap Long Term Debt
LongTermDebt
541074000
CY2019Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
6326000
CY2019Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
534748000
CY2019Q2 us-gaap Capital Leases Future Minimum Payments Remainder Of Fiscal Year
CapitalLeasesFutureMinimumPaymentsRemainderOfFiscalYear
314000
CY2019Q2 us-gaap Capital Leases Future Minimum Payments Due In Two Years
CapitalLeasesFutureMinimumPaymentsDueInTwoYears
1176000
CY2019Q2 us-gaap Capital Leases Future Minimum Payments Due In Three Years
CapitalLeasesFutureMinimumPaymentsDueInThreeYears
1126000
CY2019Q2 us-gaap Capital Leases Future Minimum Payments Due In Four Years
CapitalLeasesFutureMinimumPaymentsDueInFourYears
358000
CY2019Q2 us-gaap Capital Leases Future Minimum Payments Due
CapitalLeasesFutureMinimumPaymentsDue
2974000
CY2019Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
7300000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
400000
CY2019Q2 brks Income Tax Expense Benefit Increase Decrease Transition Tax
IncomeTaxExpenseBenefitIncreaseDecreaseTransitionTax
-4300000
CY2019Q2 brks Income Tax Expense Benefit Increase Decrease Stock Compensation Discrete Expense Benefit
IncomeTaxExpenseBenefitIncreaseDecreaseStockCompensationDiscreteExpenseBenefit
-400000
CY2019Q2 brks Income Tax Expense Benefit Increase Decrease Unrecognized Tax Benefits
IncomeTaxExpenseBenefitIncreaseDecreaseUnrecognizedTaxBenefits
-300000
brks Income Tax Expense Benefit Increase Decrease Transition Tax
IncomeTaxExpenseBenefitIncreaseDecreaseTransitionTax
-3200000
brks Income Tax Expense Benefit Increase Decrease Stock Compensation Discrete Expense Benefit
IncomeTaxExpenseBenefitIncreaseDecreaseStockCompensationDiscreteExpenseBenefit
-4500000
brks Income Tax Expense Benefit Increase Decrease Remeasurement Of Net Domestic Deferred Tax Assets
IncomeTaxExpenseBenefitIncreaseDecreaseRemeasurementOfNetDomesticDeferredTaxAssets
-1400000
CY2018Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
5400000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-49800000
CY2018Q2 brks Income Tax Expense Benefit Increase Decrease Unrecognized Tax Benefits
IncomeTaxExpenseBenefitIncreaseDecreaseUnrecognizedTaxBenefits
-56300000
brks Income Tax Expense Benefit Increase Decrease Remeasurement Of Net Domestic Deferred Tax Liabilities
IncomeTaxExpenseBenefitIncreaseDecreaseRemeasurementOfNetDomesticDeferredTaxLiabilities
-700000
CY2018Q3 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
19912000
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
brks Income Taxes Tax Cuts And Jobs Act Toll Charge Reduction In Provisional Accrual
IncomeTaxesTaxCutsAndJobsActTollChargeReductionInProvisionalAccrual
1100000
CY2019Q2 brks Income Tax Expense Benefit Increase Decrease Transition Tax
IncomeTaxExpenseBenefitIncreaseDecreaseTransitionTax
-4300000
CY2019Q2 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Expense
UnrecognizedTaxBenefitsInterestOnIncomeTaxesExpense
300000
us-gaap Unrecognized Tax Benefits Interest On Income Taxes Expense
UnrecognizedTaxBenefitsInterestOnIncomeTaxesExpense
800000
CY2019Q2 brks Income Tax Expense Benefit Increase Decrease Unrecognized Tax Benefits
IncomeTaxExpenseBenefitIncreaseDecreaseUnrecognizedTaxBenefits
-300000
us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
300000
CY2019Q2 us-gaap Decrease In Unrecognized Tax Benefits Is Reasonably Possible
DecreaseInUnrecognizedTaxBenefitsIsReasonablyPossible
100000
CY2019Q2 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
166038000
CY2018Q3 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
126350000
CY2019Q2 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
2888000
CY2018Q3 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
1113000
CY2019Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
163105000
CY2018Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
125192000
CY2019Q2 us-gaap Inventory Raw Materials And Purchased Parts Net Of Reserves
InventoryRawMaterialsAndPurchasedPartsNetOfReserves
69070000
CY2018Q3 us-gaap Inventory Raw Materials And Purchased Parts Net Of Reserves
InventoryRawMaterialsAndPurchasedPartsNetOfReserves
57527000
CY2019Q2 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
12886000
CY2018Q3 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
19547000
CY2019Q2 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
22830000
CY2019Q2 us-gaap Inventory Net
InventoryNet
104786000
CY2018Q3 us-gaap Inventory Net
InventoryNet
96986000
CY2019Q2 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
16200000
CY2018Q3 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
15000000.0
CY2019Q2 us-gaap Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
9100000
CY2018Q3 us-gaap Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
5600000
us-gaap Capitalized Computer Software Additions
CapitalizedComputerSoftwareAdditions
2600000
CY2019Q1 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
7202000
CY2019Q2 us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
2257000
CY2019Q2 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
2269000
CY2019Q2 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
7190000
CY2018Q1 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
5634000
CY2018Q2 us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
1145000
CY2018Q2 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
702000
CY2018Q2 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
6077000
CY2018Q3 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
6340000
us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
6419000
us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
5569000
CY2019Q2 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
7190000
CY2017Q3 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
5479000
us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
3929000
us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
3331000
CY2018Q2 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
6077000
CY2019Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
5240000
CY2018Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
4633000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
14537000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
14269000
CY2017 brks Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Percentage Of Performance Based Units Awarded Financial Metric Target Met
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsPercentageOfPerformanceBasedUnitsAwardedFinancialMetricTargetMet
1
us-gaap Stock Issued During Period Shares Employee Stock Purchase Plans
StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans
66785
CY2018 brks Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Percentage Of Performance Based Units Awarded Financial Metric Target Met
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsPercentageOfPerformanceBasedUnitsAwardedFinancialMetricTargetMet
1
CY2019 brks Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Percentage Of Performance Based Units Awarded Financial Metric Target Met
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsPercentageOfPerformanceBasedUnitsAwardedFinancialMetricTargetMet
1
brks Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Percentage Of Performance Based Units Awarded Financial Metric Maximum Threshold Met
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsPercentageOfPerformanceBasedUnitsAwardedFinancialMetricMaximumThresholdMet
2
brks Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Percentage Of Performance Based Units Awarded Measurement Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsPercentageOfPerformanceBasedUnitsAwardedMeasurementPeriod
P3Y
us-gaap Stock Issued During Period Shares Employee Stock Purchase Plans
StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans
59549
CY2019Q2 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
921000
CY2018Q2 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
4813000
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
4359000
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
68929000
CY2019Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
6333000
CY2018Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
17793000
us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
20731000
us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
37183000
CY2019Q2 us-gaap Profit Loss
ProfitLoss
7254000
CY2018Q2 us-gaap Profit Loss
ProfitLoss
22606000
us-gaap Profit Loss
ProfitLoss
25090000
us-gaap Profit Loss
ProfitLoss
106112000
CY2018Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-111000
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-111000
CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
7254000
CY2018Q2 us-gaap Net Income Loss
NetIncomeLoss
22717000
us-gaap Net Income Loss
NetIncomeLoss
25090000
us-gaap Net Income Loss
NetIncomeLoss
106223000
CY2019Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
72188000
CY2018Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
70596000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
71903000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
70425000
CY2019Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
282000
CY2018Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
382000
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
410000
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
508000
CY2019Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
72470000
CY2018Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
70978000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
72313000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
70933000
CY2019Q2 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.01
CY2018Q2 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.07
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.06
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.98
CY2019Q2 us-gaap Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Basic Share
DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare
0.09
CY2018Q2 us-gaap Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Basic Share
DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare
0.25
us-gaap Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Basic Share
DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare
0.29
us-gaap Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Basic Share
DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare
0.53
CY2019Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.10
CY2018Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.32
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.35
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.51
CY2018Q2 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.07
CY2019Q2 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.01
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.06
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.97
CY2019Q2 us-gaap Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Diluted Share
DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare
0.09
CY2018Q2 us-gaap Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Diluted Share
DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare
0.25
us-gaap Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Diluted Share
DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare
0.29
us-gaap Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Diluted Share
DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare
0.52
CY2019Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.10
CY2018Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.32
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.35
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.50
CY2019Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.10
CY2018Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.10
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.30
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.30
CY2018Q2 us-gaap Number Of Reporting Units
NumberOfReportingUnits
5
CY2019Q2 us-gaap Number Of Reporting Units
NumberOfReportingUnits
5
us-gaap Number Of Reporting Units
NumberOfReportingUnits
5
us-gaap Number Of Reporting Units
NumberOfReportingUnits
5
CY2019Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
203880000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
581637000
CY2019Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
203880000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
581637000
CY2019Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
203880000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
581637000
CY2019Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
163100000
CY2018Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
125200000
CY2019Q2 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
5200000
CY2018Q4 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
8200000
CY2019Q2 us-gaap Capitalized Contract Cost Amortization Period
CapitalizedContractCostAmortizationPeriod
P60M
CY2019Q2 us-gaap Capitalized Contract Cost Net Noncurrent
CapitalizedContractCostNetNoncurrent
900000
CY2018Q4 us-gaap Capitalized Contract Cost Net Noncurrent
CapitalizedContractCostNetNoncurrent
1500000
CY2019Q2 us-gaap Amortization Of Deferred Sales Commissions
AmortizationOfDeferredSalesCommissions
200000
us-gaap Amortization Of Deferred Sales Commissions
AmortizationOfDeferredSalesCommissions
600000
CY2019Q2 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
30600000
CY2018Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
28700000
CY2019Q2 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
12200000
CY2019Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
30800000
CY2019Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
21592000
CY2019Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
9163000
CY2019Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
30755000
CY2019Q2 us-gaap Capitalized Contract Cost Amortization Period
CapitalizedContractCostAmortizationPeriod
P60M
CY2018Q2 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2
CY2019Q2 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2
CY2019Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
203880000
CY2019Q2 us-gaap Gross Profit
GrossProfit
83510000
CY2018Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
172363000
CY2018Q2 us-gaap Gross Profit
GrossProfit
66815000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
581637000
us-gaap Gross Profit
GrossProfit
236106000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
471914000
us-gaap Gross Profit
GrossProfit
183461000
CY2019Q2 us-gaap Restructuring Charges
RestructuringCharges
256000
CY2018Q2 us-gaap Restructuring Charges
RestructuringCharges
81000
us-gaap Restructuring Charges
RestructuringCharges
685000
us-gaap Restructuring Charges
RestructuringCharges
129000
CY2019Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
16423000
CY2018Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
12547000
us-gaap Operating Income Loss
OperatingIncomeLoss
35427000
us-gaap Operating Income Loss
OperatingIncomeLoss
27794000
CY2019Q2 us-gaap Investments And Cash
InvestmentsAndCash
159761000
CY2018Q3 us-gaap Investments And Cash
InvestmentsAndCash
251226000
CY2019Q2 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
25345000
CY2018Q3 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
43798000
CY2019Q2 us-gaap Assets
Assets
1492860000
CY2018Q3 us-gaap Assets
Assets
1095257000
CY2019Q2 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
1300000

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