2019 Form 10-K Financial Statement

#000144364619000093 Filed on May 28, 2019

View on sec.gov

Income Statement

Concept 2019 2018 Q1 2018
Revenue $6.704B $1.636B $6.172B
YoY Change 8.62% 3.43% 6.33%
Cost Of Revenue $3.100B $755.2M $2.866B
YoY Change 8.17% 4.21% 7.0%
Gross Profit $3.604B $875.9M $3.306B
YoY Change 9.01% 2.17% 5.76%
Gross Profit Margin 53.75% 53.53% 53.56%
Selling, General & Admin $927.9M $244.5M $855.5M
YoY Change 8.46% 5.34% 5.09%
% of Gross Profit 25.75% 27.91% 25.88%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $68.58M $16.60M $64.76M
YoY Change 5.9% 4.4% 8.75%
% of Gross Profit 1.9% 1.9% 1.96%
Operating Expenses $3.001B $744.2M $2.782B
YoY Change 7.89% 2.2% 5.97%
Operating Profit $602.4M $131.7M $519.7M
YoY Change 15.91% 1.96% 2.71%
Interest Expense $89.52M -$22.00M $82.27M
YoY Change 8.81% 41.94% 32.06%
% of Operating Profit 14.86% -16.71% 15.83%
Other Income/Expense, Net $2.526M -$3.600M -$7.418M
YoY Change -134.05% -33.33% -58.92%
Pretax Income $515.4M $106.2M $430.0M
YoY Change 19.85% -1.86% 1.03%
Income Tax $96.87M $32.80M $128.3M
% Of Pretax Income 18.8% 30.89% 29.84%
Net Earnings $418.5M $82.51M $301.7M
YoY Change 38.73% 24.53% 15.67%
Net Earnings / Revenue 6.24% 5.04% 4.89%
Basic Earnings Per Share $2.94 $0.57 $2.05
Diluted Earnings Per Share $2.91 $0.56 $2.03
COMMON SHARES
Basic Shares Outstanding 141.9M shares 146.0M shares
Diluted Shares Outstanding 143.2M shares 147.8M shares

Balance Sheet

Concept 2019 2018 Q1 2018
SHORT-TERM ASSETS
Cash & Short-Term Investments $284.0M $287.0M $287.0M
YoY Change -1.05% 32.01% 32.01%
Cash & Equivalents $284.0M $287.0M $287.0M
Short-Term Investments
Other Short-Term Assets $85.00M $71.30M $71.30M
YoY Change 19.21% -16.41% -16.41%
Inventory
Prepaid Expenses
Receivables $1.330B $1.134B $1.134B
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $1.699B $1.492B $1.492B
YoY Change 13.89% 15.26% 15.26%
LONG-TERM ASSETS
Property, Plant & Equipment $172.5M $152.4M $152.4M
YoY Change 13.19% 9.48% 9.48%
Goodwill $1.581B
YoY Change 0.63%
Intangibles $278.5M
YoY Change 2.44%
Long-Term Investments
YoY Change
Other Assets $91.80M $102.6M $102.6M
YoY Change -10.53% 19.95% 6.43%
Total Long-Term Assets $2.133B $2.115B $2.115B
YoY Change 0.85% 1.73% 1.73%
TOTAL ASSETS
Total Short-Term Assets $1.699B $1.492B $1.492B
Total Long-Term Assets $2.133B $2.115B $2.115B
Total Assets $3.832B $3.607B $3.607B
YoY Change 6.24% 6.92% 6.92%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $417.6M $340.0M $340.0M
YoY Change 22.82% 26.58% 26.58%
Accrued Expenses $572.9M $217.6M $500.3M
YoY Change 14.51% -7.61% 0.2%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $57.90M $63.10M $63.10M
YoY Change -8.24% -67.33% -67.34%
Total Short-Term Liabilities $1.179B $1.029B $1.029B
YoY Change 14.62% -6.59% -6.59%
LONG-TERM LIABILITIES
Long-Term Debt $1.702B $1.755B $1.756B
YoY Change -3.06% 19.41% 19.41%
Other Long-Term Liabilities $242.2M $240.8M $259.9M
YoY Change -6.81% 11.34% 14.04%
Total Long-Term Liabilities $1.944B $1.996B $2.015B
YoY Change -3.54% 18.37% 18.69%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.179B $1.029B $1.029B
Total Long-Term Liabilities $1.944B $1.996B $2.015B
Total Liabilities $3.157B $3.044B $3.044B
YoY Change 3.69% 8.74% 8.74%
SHAREHOLDERS EQUITY
Retained Earnings $690.5M
YoY Change 44.43%
Common Stock $348.5M
YoY Change 14.48%
Preferred Stock
YoY Change
Treasury Stock (at cost) $461.5M
YoY Change 140.47%
Treasury Stock Shares 14.58M shares
Shareholders Equity $675.4M $562.5M $562.5M
YoY Change
Total Liabilities & Shareholders Equity $3.832B $3.607B $3.607B
YoY Change 6.24% 6.92% 6.92%

Cashflow Statement

Concept 2019 2018 Q1 2018
OPERATING ACTIVITIES
Net Income $418.5M $82.51M $301.7M
YoY Change 38.73% 24.53% 15.67%
Depreciation, Depletion And Amortization $68.58M $16.60M $64.76M
YoY Change 5.9% 4.4% 8.75%
Cash From Operating Activities $499.6M $122.2M $369.1M
YoY Change 35.34% 23.06% -3.44%
INVESTING ACTIVITIES
Capital Expenditures -$94.70M -$15.30M $78.44M
YoY Change -220.73% -34.33% 45.47%
Acquisitions $19.11M
YoY Change -92.28%
Other Investing Activities $5.500M $300.0K -$18.00M
YoY Change -130.56% -100.12% -92.71%
Cash From Investing Activities -$89.21M -$15.10M -$96.45M
YoY Change -7.51% -94.41% -67.94%
FINANCING ACTIVITIES
Cash Dividend Paid $114.2M $103.4M
YoY Change 10.47% 11.28%
Common Stock Issuance & Retirement, Net $241.6M $261.4M
YoY Change -7.59% 549.73%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$413.4M -109.6M -$203.1M
YoY Change 103.48% -383.2% 294.52%
NET CHANGE
Cash From Operating Activities $499.6M 122.2M $369.1M
Cash From Investing Activities -$89.21M -15.10M -$96.45M
Cash From Financing Activities -$413.4M -109.6M -$203.1M
Net Change In Cash -$2.968M -2.500M $69.54M
YoY Change -104.27% -98.11% 132.67%
FREE CASH FLOW
Cash From Operating Activities $499.6M $122.2M $369.1M
Capital Expenditures -$94.70M -$15.30M $78.44M
Free Cash Flow $594.3M $137.5M $290.7M
YoY Change 104.44% 12.15% -11.47%

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60694000 USD
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17321000 USD
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17300000 USD
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57924000 USD
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27760000 USD
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27800000 USD
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P5Y
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19113000 USD
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0 USD
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0 USD
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18175000 USD
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14457000 USD
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10777000 USD
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86555000 USD
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107301000 USD
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12532000 USD
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18863000 USD
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6401000 USD
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9667000 USD
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11433000 USD
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15421000 USD
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204152000 USD
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246000 USD
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5464000 USD
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0 USD
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0 USD
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3800000 USD
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0 USD
CY2019 us-gaap Impairment Of Intangible Assets Finitelived
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0 USD
CY2017 us-gaap Impairment Of Long Lived Assets Held For Use
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0 USD
CY2018 us-gaap Impairment Of Long Lived Assets Held For Use
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0 USD
CY2019 us-gaap Impairment Of Long Lived Assets Held For Use
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0 USD
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425657000 USD
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106777000 USD
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110593000 USD
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106499000 USD
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106167000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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430036000 USD
CY2018Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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137367000 USD
CY2018Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
119887000 USD
CY2018Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
140269000 USD
CY2019Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
117880000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
515403000 USD
CY2019Q1 us-gaap Income Tax Examination Liability Refund Adjustment From Settlement With Taxing Authority
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-10900000 USD
CY2017 us-gaap Income Tax Expense Benefit
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164832000 USD
CY2018 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
128344000 USD
CY2019 us-gaap Income Tax Expense Benefit
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96874000 USD
CY2017 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
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0 USD
CY2018 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
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-9107000 USD
CY2019 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
-27908000 USD
CY2017 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
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2518000 USD
CY2018 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
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6855000 USD
CY2019 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
10758000 USD
CY2017 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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148980000 USD
CY2018 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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135667000 USD
CY2019 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
108235000 USD
CY2017 us-gaap Income Tax Reconciliation Nondeductible Expense Meals And Entertainment
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1328000 USD
CY2018 us-gaap Income Tax Reconciliation Nondeductible Expense Meals And Entertainment
IncomeTaxReconciliationNondeductibleExpenseMealsAndEntertainment
2247000 USD
CY2019 us-gaap Income Tax Reconciliation Nondeductible Expense Meals And Entertainment
IncomeTaxReconciliationNondeductibleExpenseMealsAndEntertainment
1771000 USD
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2324000 USD
CY2018 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-1348000 USD
CY2019 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-1064000 USD
CY2017 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
13882000 USD
CY2018 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
14565000 USD
CY2019 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
22450000 USD
CY2017 us-gaap Income Tax Reconciliation Tax Contingencies
IncomeTaxReconciliationTaxContingencies
-92000 USD
CY2018 us-gaap Income Tax Reconciliation Tax Contingencies
IncomeTaxReconciliationTaxContingencies
140000 USD
CY2019 us-gaap Income Tax Reconciliation Tax Contingencies
IncomeTaxReconciliationTaxContingencies
-278000 USD
CY2017 us-gaap Income Tax Reconciliation Tax Credits
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4402000 USD
CY2018 us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
6563000 USD
CY2019 us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
6355000 USD
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0 USD
CY2018 us-gaap Income Tax Reconciliation Tax Settlements
IncomeTaxReconciliationTaxSettlements
0 USD
CY2019 us-gaap Income Tax Reconciliation Tax Settlements
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-2573000 USD
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89556000 USD
CY2018 us-gaap Income Taxes Paid Net
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128416000 USD
CY2019 us-gaap Income Taxes Paid Net
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52512000 USD
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14846000 USD
CY2018 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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47316000 USD
CY2019 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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107515000 USD
CY2017 us-gaap Increase Decrease In Accounts Receivable
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95217000 USD
CY2018 us-gaap Increase Decrease In Accounts Receivable
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126196000 USD
CY2019 us-gaap Increase Decrease In Accounts Receivable
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196453000 USD
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21535000 USD
CY2018 us-gaap Increase Decrease In Employee Related Liabilities
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11296000 USD
CY2019 us-gaap Increase Decrease In Employee Related Liabilities
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44137000 USD
CY2017 us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
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54564000 USD
CY2018 us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
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9636000 USD
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6218000 USD
CY2019 us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
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32411000 USD
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122000 USD
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10146000 USD
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12394000 USD
CY2019 us-gaap Increase Decrease In Other Noncurrent Assets
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15346000 USD
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25505000 USD
CY2018 us-gaap Increase Decrease In Other Noncurrent Liabilities
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24260000 USD
CY2019 us-gaap Increase Decrease In Other Noncurrent Liabilities
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3210000 USD
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7562000 USD
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4755000 USD
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115000 USD
CY2018 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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-14119000 USD
CY2019 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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2328000 USD
CY2017 us-gaap Increase Decrease In Reserve For Commissions Expense And Taxes
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91000 USD
CY2018 us-gaap Increase Decrease In Reserve For Commissions Expense And Taxes
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-140000 USD
CY2019 us-gaap Increase Decrease In Reserve For Commissions Expense And Taxes
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278000 USD
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394352000 USD
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278504000 USD
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287051000 USD
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62298000 USD
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82269000 USD
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89517000 USD
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49062000 USD
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62498000 USD
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76731000 USD
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3606619000 USD
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11600000 USD
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11800000 USD
CY2018Q1 us-gaap Liability For Uncertain Tax Positions Noncurrent
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11787000 USD
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11500000 USD
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350000000 USD
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57924000 USD
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57924000 USD
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57924000 USD
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CY2019 us-gaap Net Cash Provided By Used In Investing Activities
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382277000 USD
CY2018 us-gaap Net Cash Provided By Used In Operating Activities
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369143000 USD
CY2019 us-gaap Net Cash Provided By Used In Operating Activities
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499610000 USD
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CY2018 us-gaap Net Income Loss
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3576000 USD
CY2018 us-gaap Noncash Or Part Noncash Acquisition Other Liabilities Assumed1
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0 USD
CY2019 us-gaap Noncash Or Part Noncash Acquisition Other Liabilities Assumed1
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0 USD
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1 segment
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1 segment
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688000 USD
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3295000 USD
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3317000 USD
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506014000 USD
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126665000 USD
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OperatingIncomeLoss
132889000 USD
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128473000 USD
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CY2018 us-gaap Operating Income Loss
OperatingIncomeLoss
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OperatingIncomeLoss
161612000 USD
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OperatingIncomeLoss
143751000 USD
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OperatingIncomeLoss
161932000 USD
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135099000 USD
CY2019 us-gaap Operating Income Loss
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602394000 USD
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422911000 USD
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146000 USD
CY2019Q1 us-gaap Operating Leases Future Minimum Payments Due In Five Years
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46222000 USD
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53463000 USD
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CY2019Q1 us-gaap Operating Leases Future Minimum Payments Due In Two Years
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81200000 USD
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500000 USD
CY2018 us-gaap Operating Leases Rent Expense Sublease Rentals1
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600000 USD
CY2019 us-gaap Operating Leases Rent Expense Sublease Rentals1
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600000 USD
CY2019Q1 us-gaap Operating Loss Carryforwards Valuation Allowance
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2900000 USD
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2536000 USD
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4822000 USD
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3916000 USD
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2536000 USD
CY2018 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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4822000 USD
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3916000 USD
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CY2018 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
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171000 USD
CY2019 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
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CY2018 us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
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2900000 USD
CY2019 us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
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0 USD
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4993000 USD
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28318000 USD
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130814000 USD
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240821000 USD
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230652000 USD
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CY2019 us-gaap Other Nonoperating Income Expense
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2526000 USD
CY2017 us-gaap Payment For Contingent Consideration Liability Financing Activities
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0 USD
CY2018 us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
0 USD
CY2019 us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
969000 USD
CY2017 us-gaap Payments For Proceeds From Businesses And Interest In Affiliates
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247627000 USD
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CY2017 us-gaap Payments For Repurchase Of Common Stock
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46548000 USD
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270318000 USD
CY2019 us-gaap Payments For Repurchase Of Common Stock
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252824000 USD
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2254000 USD
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951000 USD
CY2019 us-gaap Payments Of Capital Distribution
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280000 USD
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114234000 USD
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53919000 USD
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94681000 USD
CY2018Q1 us-gaap Pension And Other Postretirement And Postemployment Benefit Plans Liabilities Current
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35743000 USD
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37678000 USD
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131526000 USD
CY2019Q1 us-gaap Pension And Other Postretirement And Postemployment Benefit Plans Liabilities Noncurrent
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124925000 USD
CY2018Q1 us-gaap Postemployment Benefits Liability Noncurrent
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22800000 USD
CY2019Q1 us-gaap Postemployment Benefits Liability Noncurrent
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11600000 USD
CY2018Q1 us-gaap Prepaid Expense And Other Assets Current
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71309000 USD
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84986000 USD
CY2017 us-gaap Proceeds From Insurance Settlement Investing Activities
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650000 USD
CY2018 us-gaap Proceeds From Insurance Settlement Investing Activities
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1097000 USD
CY2019 us-gaap Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
0 USD
CY2017 us-gaap Proceeds From Issuance Of Common Stock
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6314000 USD
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8907000 USD
CY2019 us-gaap Proceeds From Issuance Of Common Stock
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11266000 USD
CY2017 us-gaap Proceeds From Issuance Of Long Term Debt
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1019383000 USD
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CY2019 us-gaap Proceeds From Issuance Of Long Term Debt
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102071000 USD
CY2017 us-gaap Proceeds From Stock Options Exercised
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14687000 USD
CY2018 us-gaap Proceeds From Stock Options Exercised
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12095000 USD
CY2019 us-gaap Proceeds From Stock Options Exercised
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12116000 USD
CY2018Q1 us-gaap Property Plant And Equipment Gross
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445823000 USD
CY2019Q1 us-gaap Property Plant And Equipment Gross
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495636000 USD
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152364000 USD
CY2019Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
172453000 USD
CY2017 us-gaap Provision For Doubtful Accounts
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600000 USD
CY2018 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
3200000 USD
CY2019 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
11900000 USD
CY2017 us-gaap Reclassification From Aoci Current Period Net Of Tax Attributable To Parent
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-1848000 USD
CY2018 us-gaap Reclassification From Aoci Current Period Net Of Tax Attributable To Parent
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-1527000 USD
CY2019 us-gaap Reclassification From Aoci Current Period Net Of Tax Attributable To Parent
ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent
-599000 USD
CY2017 us-gaap Repayments Of Debt
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CY2018 us-gaap Repayments Of Debt
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CY2017 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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CY2019 us-gaap Repayments Of Debt
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170512000 USD
CY2017Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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1523010000 USD
CY2018Q1 us-gaap Retained Earnings Accumulated Deficit
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690516000 USD
CY2019Q1 us-gaap Retained Earnings Accumulated Deficit
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CY2017Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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CY2018Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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CY2018 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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CY2018Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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CY2018Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1613997000 USD
CY2018Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1663112000 USD
CY2019Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1780080000 USD
CY2019 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
6704037000 USD
CY2019Q1 us-gaap Revenue Remaining Performance Obligation
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5800000000 USD
CY2019Q1 us-gaap Revenue Remaining Performance Obligation Percentage
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0.75
CY2017 us-gaap Share Based Compensation
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21249000 USD
CY2018 us-gaap Share Based Compensation
ShareBasedCompensation
23318000 USD
CY2019 us-gaap Share Based Compensation
ShareBasedCompensation
31275000 USD
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1
P5Y
CY2017 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
6314000 USD
CY2018 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
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CY2019 us-gaap Stock Issued During Period Value New Issues
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CY2017 us-gaap Stock Issued During Period Value Stock Options Exercised
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CY2018 us-gaap Stock Issued During Period Value Stock Options Exercised
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12095000 USD
CY2019 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
12116000 USD
CY2011Q4 us-gaap Stock Repurchase Program Authorized Amount1
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30000000.0 USD
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180000000.0 USD
CY2017Q1 us-gaap Stock Repurchase Program Authorized Amount1
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410000000.0 USD
CY2017Q4 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
610000000.0 USD
CY2018Q2 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
910000000.0 USD
CY2019Q1 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
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258200000 USD
CY2016Q1 us-gaap Stockholders Equity
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408488000 USD
CY2017Q1 us-gaap Stockholders Equity
StockholdersEquity
584873000 USD
CY2018Q1 us-gaap Stockholders Equity
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562491000 USD
CY2019Q1 us-gaap Stockholders Equity
StockholdersEquity
675366000 USD
CY2018Q1 us-gaap Treasury Stock Shares
TreasuryStockShares
14582134 shares
CY2019Q1 us-gaap Treasury Stock Shares
TreasuryStockShares
19896972 shares
CY2018 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
7200000 shares
CY2019 us-gaap Treasury Stock Shares Acquired
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5100000 shares
CY2018Q1 us-gaap Treasury Stock Value
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461457000 USD
CY2019Q1 us-gaap Treasury Stock Value
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711450000 USD
CY2017 us-gaap Treasury Stock Value Acquired Cost Method
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56455000 USD
CY2018 us-gaap Treasury Stock Value Acquired Cost Method
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269557000 USD
CY2019 us-gaap Treasury Stock Value Acquired Cost Method
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249993000 USD
CY2017 us-gaap Undistributed Earnings
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258495000 USD
CY2018 us-gaap Undistributed Earnings
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299824000 USD
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416664000 USD
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258514000 USD
CY2018 us-gaap Undistributed Earnings Diluted
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CY2019 us-gaap Undistributed Earnings Diluted
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416675000 USD
CY2016Q1 us-gaap Unrecognized Tax Benefits
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1449000 USD
CY2017Q1 us-gaap Unrecognized Tax Benefits
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11588000 USD
CY2018Q1 us-gaap Unrecognized Tax Benefits
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11608000 USD
CY2019Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
11083000 USD
CY2017 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
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0 USD
CY2018 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
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0 USD
CY2019 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
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731000 USD
CY2017Q1 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
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100000 USD
CY2018Q1 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
200000 USD
CY2019Q1 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
400000 USD
CY2017 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
-9000 USD
CY2018 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
100000 USD
CY2019 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
200000 USD
CY2017 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
10278000 USD
CY2018 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
0 USD
CY2019 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
575000 USD
CY2017 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
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127000 USD
CY2018 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
41000 USD
CY2019 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
93000 USD
CY2017 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
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266000 USD
CY2018 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
21000 USD
CY2019 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
462000 USD
CY2017Q1 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
1400000 USD
CY2018Q1 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
11600000 USD
CY2019Q1 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
11100000 USD
CY2017 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
2055672 shares
CY2018 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1785448 shares
CY2019 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1245377 shares
CY2017 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
150274640 shares
CY2018 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
147750022 shares
CY2019 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
143156176 shares
CY2017 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
148218968 shares
CY2018 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
145964574 shares
CY2019 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
141910799 shares
CY2019 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:8px;text-indent:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Concentrations of Credit Risk</font></div><div style="line-height:120%;padding-top:8px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Financial instruments that potentially subject the Company to concentrations of credit risk consist primarily of cash equivalents and accounts receivable. The Company&#8217;s cash equivalents are generally invested in U.S.&#160;government money market funds and money market deposit accounts. The Company believes that credit risk for accounts receivable is limited as the receivables are primarily with the U.S.&#160;government.</font></div></div>
CY2019 us-gaap Nature Of Operations
NatureOfOperations
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">BUSINESS OVERVIEW</font></div><div style="line-height:120%;padding-top:8px;text-indent:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Our Business</font></div><div style="line-height:120%;padding-bottom:16px;padding-top:8px;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Booz Allen Hamilton Holding Corporation, including its wholly owned subsidiaries, or the Company, we, us, and our, was incorporated in Delaware in May 2008. The Company provides management and technology consulting, analytics, engineering, digital solutions, mission operations, and cyber expertise to U.S. and international governments, major corporations, and not-for-profit organizations. The Company reports operating results and financial data in </font><font style="font-family:inherit;font-size:10pt;">one</font><font style="font-family:inherit;font-size:10pt;"> reportable segment. The Company is headquartered in McLean, Virginia, with approximately </font><font style="font-family:inherit;font-size:10pt;">26,100</font><font style="font-family:inherit;font-size:10pt;"> employees as of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2019</font><font style="font-family:inherit;font-size:10pt;">.</font></div></div>
CY2019 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:12px;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Certain amounts reported in the Company's prior year consolidated financial statements have been reclassified to conform to the current year presentation.</font></div></div>
CY2019 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:12px;text-indent:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Accounting Estimates</font></div><div style="line-height:120%;padding-top:12px;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements, and the reported amounts of revenue and expenses during the reporting periods. Areas of the consolidated financial statements where estimates may have the most significant effect include contractual and regulatory reserves, valuation and lives of tangible and intangible assets, contingent consideration related to business acquisitions, impairment of long-lived assets, accrued liabilities, revenue recognition, including the accrual of indirect costs, bonus and other incentive compensation, stock-based compensation, reserves for tax benefits and valuation allowances on deferred tax assets, provisions for income taxes, postretirement obligations, certain deferred costs, collectability of receivables, and loss accruals for litigation. Actual results experienced by the Company may differ materially from management's estimates.</font></div></div>

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