2015 Q4 Form 10-K Financial Statement

#000086343617000003 Filed on February 28, 2017

View on sec.gov

Income Statement

Concept 2015 Q4 2014 Q4 2014 Q3
Revenue $625.7M $709.5M $731.3M
YoY Change -11.81% -6.25% 21.95%
Cost Of Revenue $568.2M $653.9M $676.0M
YoY Change -13.11% -6.18% 21.98%
Gross Profit $56.91M $56.11M $55.30M
YoY Change 1.43% -6.24% 21.7%
Gross Profit Margin 9.09% 7.91% 7.56%
Selling, General & Admin $24.30M $27.60M $31.20M
YoY Change -11.96% -5.15% 27.35%
% of Gross Profit 42.7% 49.19% 56.42%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $13.20M $12.50M $11.79M
YoY Change 5.6% 9.65% 17.16%
% of Gross Profit 23.19% 22.28% 21.31%
Operating Expenses $29.30M $27.60M $31.20M
YoY Change 6.16% -5.48% 27.35%
Operating Profit $27.61M $28.51M $21.92M
YoY Change -3.15% -6.97% 4.66%
Interest Expense -$1.300M -$100.0K $0.00
YoY Change 1200.0% -150.0% -100.0%
% of Operating Profit -4.71% -0.35% 0.0%
Other Income/Expense, Net $400.0K -$200.0K -$1.400M
YoY Change -300.0% -71.43% -300.0%
Pretax Income $21.00M $28.40M $20.60M
YoY Change -26.06% -52.51% -31.33%
Income Tax -$18.40M $5.000M $3.700M
% Of Pretax Income -87.62% 17.61% 17.96%
Net Earnings $39.42M $23.34M $16.91M
YoY Change 68.91% -65.53% -28.51%
Net Earnings / Revenue 6.3% 3.29% 2.31%
Basic Earnings Per Share $0.78 $0.44 $0.32
Diluted Earnings Per Share $0.77 $0.44 $0.31
COMMON SHARES
Basic Shares Outstanding 50.53M shares 53.66M shares
Diluted Shares Outstanding 54.27M shares

Balance Sheet

Concept 2015 Q4 2014 Q4 2014 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $466.0M $427.4M $420.2M
YoY Change 9.03% 23.67% -1.5%
Cash & Equivalents $466.0M $427.4M $420.2M
Short-Term Investments
Other Short-Term Assets $31.40M $29.00M $36.10M
YoY Change 8.28% -22.87% 7.44%
Inventory $412.0M $401.3M $434.2M
Prepaid Expenses
Receivables $479.1M $520.4M $534.0M
Other Receivables $200.0K $600.0K $200.0K
Total Short-Term Assets $1.389B $1.379B $1.425B
YoY Change 0.73% 2.66% 10.6%
LONG-TERM ASSETS
Property, Plant & Equipment $178.2M $190.2M $190.2M
YoY Change -6.32% 2.62% 9.75%
Goodwill $199.3M $45.97M
YoY Change 333.52% 2.86%
Intangibles
YoY Change
Long-Term Investments $1.200M
YoY Change -88.68%
Other Assets $113.7M $29.17M $45.00M
YoY Change 289.8% -28.42% 1.35%
Total Long-Term Assets $505.3M $296.7M $303.2M
YoY Change 70.27% -4.97% 10.13%
TOTAL ASSETS
Total Short-Term Assets $1.389B $1.379B $1.425B
Total Long-Term Assets $505.3M $296.7M $303.2M
Total Assets $1.894B $1.675B $1.728B
YoY Change 13.04% 1.22% 10.51%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $251.2M $289.8M $341.5M
YoY Change -13.33% -9.71% 13.46%
Accrued Expenses $64.60M $63.20M $73.50M
YoY Change 2.22% -6.09% 25.43%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $12.30M $700.0K $700.0K
YoY Change 1657.14% 16.67% 16.67%
Total Short-Term Liabilities $333.1M $359.1M $419.3M
YoY Change -7.24% -9.86% 15.29%
LONG-TERM LIABILITIES
Long-Term Debt $222.9M $8.800M $9.000M
YoY Change 2432.95% -7.37% -7.22%
Other Long-Term Liabilities $15.97M $17.80M $21.10M
YoY Change -10.28% -12.61% 1.93%
Total Long-Term Liabilities $15.97M $17.80M $30.10M
YoY Change -10.28% -12.61% -0.99%
TOTAL LIABILITIES
Total Short-Term Liabilities $333.1M $359.1M $419.3M
Total Long-Term Liabilities $15.97M $17.80M $30.10M
Total Liabilities $349.1M $376.9M $451.5M
YoY Change -7.38% -10.0% 14.07%
SHAREHOLDERS EQUITY
Retained Earnings $704.9M $644.1M
YoY Change 9.44% 9.83%
Common Stock $5.018M $5.300M
YoY Change -5.32% -1.54%
Preferred Stock
YoY Change
Treasury Stock (at cost) $0.00
YoY Change -100.0%
Treasury Stock Shares 0.000 shares
Shareholders Equity $1.322B $1.290B $1.277B
YoY Change
Total Liabilities & Shareholders Equity $1.894B $1.675B $1.728B
YoY Change 13.04% 1.08% 10.51%

Cashflow Statement

Concept 2015 Q4 2014 Q4 2014 Q3
OPERATING ACTIVITIES
Net Income $39.42M $23.34M $16.91M
YoY Change 68.91% -65.53% -28.51%
Depreciation, Depletion And Amortization $13.20M $12.50M $11.79M
YoY Change 5.6% 9.65% 17.16%
Cash From Operating Activities $28.70M $21.50M $28.20M
YoY Change 33.49% -2250.0% -27.13%
INVESTING ACTIVITIES
Capital Expenditures -$5.200M -$8.800M -$6.300M
YoY Change -40.91% 2.33% -7.35%
Acquisitions
YoY Change
Other Investing Activities -$229.4M $5.900M $10.10M
YoY Change -3988.14% -109.42% 4950.0%
Cash From Investing Activities -$234.6M -$2.900M $3.800M
YoY Change 7989.66% -95.92% -156.72%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 209.9M -11.70M -12.30M
YoY Change -1894.02% 20.62% 151.02%
NET CHANGE
Cash From Operating Activities 28.70M 21.50M 28.20M
Cash From Investing Activities -234.6M -2.900M 3.800M
Cash From Financing Activities 209.9M -11.70M -12.30M
Net Change In Cash 4.000M 6.900M 19.70M
YoY Change -42.03% -108.44% -27.31%
FREE CASH FLOW
Cash From Operating Activities $28.70M $21.50M $28.20M
Capital Expenditures -$5.200M -$8.800M -$6.300M
Free Cash Flow $33.90M $30.30M $34.50M
YoY Change 11.88% 298.68% -24.18%

Facts In Submission

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BusinessAcquisitionsProFormaNetIncomeLoss
80025000 USD
CY2015Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
479140000 USD
CY2015Q4 us-gaap Inventory Net
InventoryNet
411986000 USD
CY2015Q4 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
156000 USD
CY2015Q4 us-gaap Assets Current
AssetsCurrent
1388628000 USD
CY2015Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
178170000 USD
CY2015Q4 us-gaap Goodwill
Goodwill
199290000 USD
CY2015Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
113702000 USD
CY2015Q4 us-gaap Assets
Assets
1893878000 USD
CY2015Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
12284000 USD
CY2015Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
251163000 USD
CY2015Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
5069000 USD
CY2015Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
64578000 USD
CY2015Q4 us-gaap Liabilities Current
LiabilitiesCurrent
333094000 USD
CY2014 us-gaap Insurance Recoveries
InsuranceRecoveries
550000 USD
CY2014 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
78000 USD
CY2015Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
222909000 USD
CY2015Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
15971000 USD
CY2015Q4 us-gaap Common Stock Value
CommonStockValue
5018000 USD
CY2015Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
624997000 USD
CY2015Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
704905000 USD
CY2015Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-13016000 USD
CY2015Q4 us-gaap Stockholders Equity
StockholdersEquity
1321904000 USD
CY2015Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1893878000 USD
CY2015Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
3417000 USD
CY2015Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
shares
CY2015Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.1
CY2015Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.1
CY2015Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000 shares
CY2015Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
145000000 shares
CY2015Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
50178000 shares
CY2015Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2014 us-gaap Sales Revenue Net
SalesRevenueNet
2797061000 USD
CY2014 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
2576745000 USD
CY2014 us-gaap Gross Profit
GrossProfit
220316000 USD
CY2014 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
112378000 USD
CY2014 us-gaap Operating Income Loss
OperatingIncomeLoss
100144000 USD
CY2014 us-gaap Interest Expense
InterestExpense
1890000 USD
CY2014 us-gaap Investment Income Interest
InvestmentIncomeInterest
2048000 USD
CY2014 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-1673000 USD
CY2014 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
98629000 USD
CY2014 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
17388000 USD
CY2014 bhe Restructuring Charges And Other Costs
RestructuringChargesAndOtherCosts
7131000 USD
CY2014 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-1598000 USD
CY2014 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
1369000 USD
CY2014 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax
-152000 USD
CY2014 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
80860000 USD
CY2014 us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
1861000 shares
CY2014 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
940000 shares
CY2014 us-gaap Stock Issued During Period Shares Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodSharesRestrictedStockAwardNetOfForfeitures
103000 shares
CY2015 us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
3066000 shares
CY2015 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
114000 shares
CY2015 us-gaap Stock Issued During Period Shares Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodSharesRestrictedStockAwardNetOfForfeitures
160000 shares
CY2016 us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
1959000 shares
CY2016 us-gaap Stock Issued During Period Shares Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodSharesRestrictedStockAwardNetOfForfeitures
209000 shares
CY2013Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1226819000 USD
CY2014 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
7213000 USD
CY2014 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
43800000 USD
CY2014 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
18867000 USD
CY2014 us-gaap Adjustment To Additional Paid In Capital Income Tax Effect From Share Based Compensation Net
AdjustmentToAdditionalPaidInCapitalIncomeTaxEffectFromShareBasedCompensationNet
-25000 USD
CY2014Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1289625000 USD
CY2015 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
7709000 USD
CY2015 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
68365000 USD
CY2015 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
1976000 USD
CY2015 us-gaap Adjustment To Additional Paid In Capital Income Tax Effect From Share Based Compensation Net
AdjustmentToAdditionalPaidInCapitalIncomeTaxEffectFromShareBasedCompensationNet
-330000 USD
CY2015Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1321904000 USD
CY2016 us-gaap Restricted Stock Shares Issued Net Of Shares For Tax Withholdings
RestrictedStockSharesIssuedNetOfSharesForTaxWithholdings
26000 shares
CY2015 us-gaap Restricted Stock Shares Issued Net Of Shares For Tax Withholdings
RestrictedStockSharesIssuedNetOfSharesForTaxWithholdings
24000 shares
CY2015 us-gaap Restricted Stock Value Shares Issued Net Of Tax Withholdings
RestrictedStockValueSharesIssuedNetOfTaxWithholdings
-571000 USD
CY2014 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
12027000 USD
CY2014 us-gaap Asset Impairment Charges
AssetImpairmentCharges
802000 USD
CY2016Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.38
CY2015Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
107408000 USD
CY2014 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
6153000 USD
CY2014 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
1278000 USD
CY2014 us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
-36646000 USD
CY2014 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-1178000 USD
CY2014 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-1304000 USD
CY2014 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
135440000 USD
CY2014 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
10282000 USD
CY2014 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
44211000 USD
CY2014 us-gaap Share Based Compensation
ShareBasedCompensation
6427000 USD
CY2014 us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
634000 USD
CY2014 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-37862000 USD
CY2014 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
452000 USD
CY2014 us-gaap Payments For Software
PaymentsForSoftware
1178000 USD
CY2014 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-27476000 USD
CY2014 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
18867000 USD
CY2014 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
634000 USD
CY2014 us-gaap Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
582000 USD
CY2014 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
43800000 USD
CY2015 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
3779000 USD
CY2014 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-24881000 USD
CY2014 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-1262000 USD
CY2014 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
81821000 USD
CY2014 us-gaap Depreciation
Depreciation
41259000 USD
CY2014 us-gaap Adjustment For Amortization
AdjustmentForAmortization
5190000 USD
CY2016 us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
0 USD
CY2016 us-gaap Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
0 USD
CY2015 us-gaap Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
0 USD
CY2014 us-gaap Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
550000 USD
CY2014 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
0 USD
CY2016Q4 us-gaap Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
531800000 USD
CY2015Q4 us-gaap Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
381600000 USD
CY2014 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P7Y0M0D
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.39 pure
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.02081 pure
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0 pure
CY2016 us-gaap Foreign Currency Transaction Loss Before Tax
ForeignCurrencyTransactionLossBeforeTax
500000 USD
CY2015 us-gaap Foreign Currency Transaction Loss Before Tax
ForeignCurrencyTransactionLossBeforeTax
2300000 USD
CY2014 us-gaap Foreign Currency Transaction Loss Before Tax
ForeignCurrencyTransactionLossBeforeTax
1300000 USD
CY2016 us-gaap Use Of Estimates
UseOfEstimates
<div><p style='text-align:left;margin-top:6pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' >(m</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;' >) Use of Estimates</font></p><p style='text-align:left;line-height:13pt;' ></p><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:13pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Management of the Company</font><font style='font-family:Times New Roman;font-size:10pt;' > has made a number of estimates and assumptions relating to the reporting of assets and liabilities and the disclosure of contingent assets and liabilities to prepare these financial statements in accordance with </font><font style='font-family:Times New Roman;font-size:10pt;' >U.S. GAAP. On an ongoing basis, management </font><font style='font-family:Times New Roman;font-size:10pt;' >evaluates these estimates, including those related to accounts receivable, inventories, income taxes, long-lived assets, stock-based compensation a</font><font style='font-family:Times New Roman;font-size:10pt;' >nd contingencies and litigation</font><font style='font-family:Times New Roman;font-size:10pt;' >. Actual results could differ from those estimates.</font></p><p style='text-align:left;margin-top:6pt;margin-bottom:0pt;line-height:12pt;' ></p></div>
CY2015Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
276470000 USD
CY2015Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
86475000 USD
CY2015Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
49041000 USD
CY2016Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
572523000 USD
CY2015Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
557258000 USD
CY2015Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
379088000 USD
CY2013Q4 us-gaap Goodwill
Goodwill
44691000 USD
CY2015 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
153320000 USD
CY2015Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
165314000 USD
CY2015Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
57906000 USD
CY2015 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
13500000 USD
CY2014 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
14600000 USD
CY2016Q4 us-gaap Capital Leased Assets Gross
CapitalLeasedAssetsGross
12207000 USD
CY2016Q4 us-gaap Capital Leases Lessee Balance Sheet Assets By Major Class Accumulated Deprecation
CapitalLeasesLesseeBalanceSheetAssetsByMajorClassAccumulatedDeprecation
7512000 USD
CY2016Q4 us-gaap Capital Leases Balance Sheet Assets By Major Class Net
CapitalLeasesBalanceSheetAssetsByMajorClassNet
4695000 USD
CY2016Q4 us-gaap Capital Lease Obligations
CapitalLeaseObligations
8068000 USD
CY2015Q4 us-gaap Capital Lease Obligations
CapitalLeaseObligations
8845000 USD
CY2016Q4 us-gaap Capital Leases Future Minimum Payments Due Thereafter
CapitalLeasesFutureMinimumPaymentsDueThereafter
4513000 USD
CY2016Q4 us-gaap Capital Leases Future Minimum Payments Due
CapitalLeasesFutureMinimumPaymentsDue
19460000 USD
CY2016Q4 us-gaap Capital Leases Future Minimum Payments Interest Included In Payments
CapitalLeasesFutureMinimumPaymentsInterestIncludedInPayments
11392000 USD
CY2016Q4 us-gaap Capital Leases Future Minimum Payments Present Value Of Net Minimum Payments
CapitalLeasesFutureMinimumPaymentsPresentValueOfNetMinimumPayments
8068000 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
17096000 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
60923000 USD
CY2016Q4 us-gaap Capital Leases Future Minimum Payments Due In Five Years
CapitalLeasesFutureMinimumPaymentsDueInFiveYears
3382000 USD
CY2016Q4 us-gaap Capital Leases Future Minimum Payments Due Current
CapitalLeasesFutureMinimumPaymentsDueCurrent
2633000 USD
CY2016Q4 us-gaap Capital Leases Future Minimum Payments Due In Two Years
CapitalLeasesFutureMinimumPaymentsDueInTwoYears
2793000 USD
CY2016Q4 us-gaap Capital Leases Future Minimum Payments Due In Three Years
CapitalLeasesFutureMinimumPaymentsDueInThreeYears
2972000 USD
CY2016Q4 us-gaap Capital Leases Future Minimum Payments Due In Four Years
CapitalLeasesFutureMinimumPaymentsDueInFourYears
3167000 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
12013000 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
10614000 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
9497000 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
6967000 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
4736000 USD
CY2016 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
2000000 shares
CY2016 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
41900000 USD
CY2016 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
21.4
CY2015 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
68400000 USD
CY2015 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
22.27
CY2014 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
1900000 shares
CY2014 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
43800000 USD
CY2014 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
23.51
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
378000 shares
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
85000 shares
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
3084000 shares
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
32000 shares
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
2580000 shares
CY2014 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
22.94
CY2014 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
20.06
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
22.61
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
19.79
CY2015 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
23.14
CY2015 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
17.39
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
23.4
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
20.49
CY2014 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
-87000 USD
CY2014 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
822000 USD
CY2014 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
4626000 USD
CY2016 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
-2914000 USD
CY2015 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
7419000 USD
CY2014 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
5361000 USD
CY2016 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
3926000 USD
CY2015 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-12322000 USD
CY2014 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
8999000 USD
CY2016 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
1196000 USD
CY2015 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
1194000 USD
CY2014 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
1663000 USD
CY2016 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
1933000 USD
CY2015 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-1653000 USD
CY2014 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
1365000 USD
CY2014 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
12027000 USD
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
6520000 USD
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
18599000 USD
CY2014 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
24260000 USD
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
61668000 USD
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
71440000 USD
CY2014 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
74369000 USD
CY2015 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
31514000 USD
CY2014 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
34520000 USD
CY2016 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
1102000 USD
CY2015 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
13000 USD
CY2015 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
1295000 USD
CY2014 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
1615000 USD
CY2016 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-15496000 USD
CY2016Q4 us-gaap Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
2400000 USD
CY2015Q4 us-gaap Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
4391000 USD
CY2016Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities
5663000 USD
CY2015Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities
6052000 USD
CY2016Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
3856000 USD
CY2016 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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BENCHMARK ELECTRONICS INC
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18300000 USD
CY2016Q4 us-gaap Long Term Debt And Capital Lease Obligations Maturities Repayments Of Principal In Year Three
LongTermDebtAndCapitalLeaseObligationsMaturitiesRepaymentsOfPrincipalInYearThree
24200000 USD
CY2016Q4 us-gaap Long Term Debt And Capital Lease Obligations Maturities Repayments Of Principal In Year Four
LongTermDebtAndCapitalLeaseObligationsMaturitiesRepaymentsOfPrincipalInYearFour
168100000 USD
CY2016Q4 us-gaap Long Term Debt And Capital Lease Obligations Maturities Repayments Of Principal In Year Five
LongTermDebtAndCapitalLeaseObligationsMaturitiesRepaymentsOfPrincipalInYearFive
1500000 USD
CY2016 bhe Flood Related Items Net Of Insurance
FloodRelatedItemsNetOfInsurance
0 USD
CY2014Q1 us-gaap Net Income Loss
NetIncomeLoss
19439000 USD
CY2014Q2 us-gaap Net Income Loss
NetIncomeLoss
21558000 USD
CY2014Q3 us-gaap Net Income Loss
NetIncomeLoss
16906000 USD
CY2014Q4 us-gaap Net Income Loss
NetIncomeLoss
23338000 USD
CY2015Q1 us-gaap Net Income Loss
NetIncomeLoss
14205000 USD
CY2015Q2 us-gaap Net Income Loss
NetIncomeLoss
21210000 USD
CY2015Q3 us-gaap Net Income Loss
NetIncomeLoss
20565000 USD
CY2015Q4 us-gaap Net Income Loss
NetIncomeLoss
39421000 USD
CY2016Q1 us-gaap Net Income Loss
NetIncomeLoss
11052000 USD
CY2016Q2 us-gaap Net Income Loss
NetIncomeLoss
12685000 USD
CY2016Q3 us-gaap Net Income Loss
NetIncomeLoss
21742000 USD
CY2016Q4 us-gaap Net Income Loss
NetIncomeLoss
18568000 USD
CY2016 us-gaap Restructuring Reserve Settled Without Cash2
RestructuringReserveSettledWithoutCash2
21000 USD
CY2014 us-gaap Proceeds From Divestiture Of Businesses
ProceedsFromDivestitureOfBusinesses
5700000 USD
CY2016 bhe Majorcustomerstextblock
Majorcustomerstextblock
<div><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:13pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;color:#000000;' >Note 10&#8212;Major Customers </font></p><p style='text-align:left;line-height:13pt;' ></p><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:13pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company&#8217;s customers operate in industries that are, to a varying extent, subject to rapid technological change, vigorous competition and short product life cycles. Developments adverse to the electronics industry, the </font><font style='font-family:Times New Roman;font-size:10pt;' >Company&#8217;s customers or their products could impact the Company&#8217;s overall credit risk.</font></p><p style='text-align:left;line-height:13pt;' ></p><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:13pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company extends credit based on evaluation of its customers&#8217; financial condition and generally does not require collateral or other security from its customers and w</font><font style='font-family:Times New Roman;font-size:10pt;' >ould incur a loss equal to the carrying value of the accounts receivable if its customer failed to perform according to the terms of the credit arrangement.</font></p><p style='text-align:left;line-height:13pt;' ></p><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:13pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Sales to the ten largest custo</font><font style='font-family:Times New Roman;font-size:10pt;' >mers represented 43%, 47% and 50</font><font style='font-family:Times New Roman;font-size:10pt;' >% of total sales for </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' >, </font><font style='font-family:Times New Roman;font-size:10pt;' >2015</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2014</font><font style='font-family:Times New Roman;font-size:10pt;' >, respectively. </font><font style='font-family:Times New Roman;font-size:10pt;' >Sales to our largest customers were as follows for the indicated periods:</font></p></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:14.25pt;' ><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:10.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:10.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:256.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:256.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='7' rowspan='1' style='width:153.75pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:153.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Year ended December 31,</font></td></tr><tr style='height:14.25pt;' ><td colspan='3' rowspan='1' style='width:270pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:270pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >(in thousands)</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >2016</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >2015</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >2014</font></td></tr><tr style='height:14.25pt;' ><td style='width:3pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:267pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:267pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >International Business Machines Corporation</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >*</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >284,098</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:41.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >312,611</font></td></tr><tr style='height:14.25pt;' ><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:267pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:267pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Arris Group, Inc.</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:41.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >*</font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:41.25pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >*</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:41.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:41.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >315,688</font></td></tr></table></div><p style='line-height:20pt;' /><div><p style='text-align:left;margin-top:0pt;margin-bottom:10pt;line-height:13.8pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >* amount is less than 10% of total.</font></p></div>
CY2016 bhe Financialinstrumentsandconcentrationofcreditrisktextblock
Financialinstrumentsandconcentrationofcreditrisktextblock
<div><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:13pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;color:#000000;' >Note 11&#8212;Financial Instruments and Concentration of Credit Risk</font></p><p style='text-align:left;line-height:13pt;' ></p><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:13pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company&#8217;s financial instruments include cash equivalents, accounts and other receivables, accounts payable, accrued liabilities and long-term debt and capital lease obligations. </font><font style='font-family:Times New Roman;font-size:10pt;' >The Company believes that the carrying values of these instruments approxi</font><font style='font-family:Times New Roman;font-size:10pt;' >mate fair value</font><font style='font-family:Times New Roman;font-size:10pt;' >. As of December 31, </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' >, the </font><font style='font-family:Times New Roman;font-size:10pt;' >Company&#8217;s long-term investments and derivative instruments were recorded at fair value using Level 3 inputs. The Company uses derivat</font><font style='font-family:Times New Roman;font-size:10pt;' >ive instruments to manage the variability of foreign currency obligations and interest rates. The Company does not enter into derivative</font><font style='font-family:Times New Roman;font-size:10pt;' > arrangement</font><font style='font-family:Times New Roman;font-size:10pt;' >s for speculative purposes</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font></p><p style='text-align:left;line-height:13pt;' ></p><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:13pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The forward contracts in place as of December 31, </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' > have not been designa</font><font style='font-family:Times New Roman;font-size:10pt;' >ted as accounting hedges and, therefore, changes in fair value are recorded within our Con</font><font style='font-family:Times New Roman;font-size:10pt;' >solidated Statements of Income.</font><font style='font-family:Times New Roman;font-size:10pt;' > </font></p><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:13pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company has an interest rate swap agreement with a notional amount </font><font style='font-family:Times New Roman;font-size:10pt;' >of </font><font style='font-family:Times New Roman;font-size:10pt;' >$163.9 million and </font><font style='font-family:Times New Roman;font-size:10pt;' >$172.5 million</font><font style='font-family:Times New Roman;font-size:10pt;' > as of December 31, </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >2015</font><font style='font-family:Times New Roman;font-size:10pt;' >, respectively,</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >to hedge a portion of its interest rate exposure on outstanding borrowings under the Credit Agreement. Under this interest rate swap agreement, the Company receives variable rate interest rate payments based on the one-month LI</font><font style='font-family:Times New Roman;font-size:10pt;' >BOR rate and pays fixed rate interest payments. The fixed interest rate for the contract is 1.4935%. The effect of this swap is to convert a portion of the floating rate interest expense to fixed interest rate expense. Based on the terms of the interest ra</font><font style='font-family:Times New Roman;font-size:10pt;' >te swap contract and the underlying borrowings outstanding under the Credit Agreement, the interest rate contract was determined to be </font><font style='font-family:Times New Roman;font-size:10pt;' >highly </font><font style='font-family:Times New Roman;font-size:10pt;' >effective, and thus qualifies and has been designated as a cash flow hedge. As such, changes in the fair value of </font><font style='font-family:Times New Roman;font-size:10pt;' >the interest rate swap are recorded in other comprehensive income on the accompanying Condensed Consolidated Balance Sheets until earnings are affected by the variability of cash flows</font><font style='font-family:Times New Roman;font-size:10pt;' >. The fair value of the interest rate swap was</font><font style='font-family:Times New Roman;font-size:10pt;' > a $0.5 million asset as o</font><font style='font-family:Times New Roman;font-size:10pt;' >f December 31, </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' > and </font><font style='font-family:Times New Roman;font-size:10pt;' >$0 as of December 31, 2015</font><font style='font-family:Times New Roman;font-size:10pt;' >,</font><font style='font-family:Times New Roman;font-size:10pt;' > which was its effective date.</font><font style='font-family:Times New Roman;font-size:10pt;' > During the year ended December 31, </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' >, the Company recorded unrealized gains of $0.5 million ($0.3 million net of tax) on the swap in other comprehensive income. See </font><font style='font-family:Times New Roman;font-size:10pt;' >Note </font><font style='font-family:Times New Roman;font-size:10pt;' >19</font><font style='font-family:Times New Roman;font-size:10pt;' >.</font></p><p style='text-align:left;line-height:13pt;' ></p><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:13pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Financial instruments that subject the Company to credit risk consist of cash and cash equivalents, investments and trade accounts receivable. Management maintains the majority of the Company&#8217;s cash and cash equivalents with financial inst</font><font style='font-family:Times New Roman;font-size:10pt;' >itutions. One of the most significant credit risks is the ultimate realization of accounts receivable. This risk is mitigated by (i) sales to well established companies, (ii) ongoing credit evaluation of customers, and (iii) frequent contact with customers</font><font style='font-family:Times New Roman;font-size:10pt;' >, thus enabling management to monitor current changes in business operations and to respond accordingly. Management considers these concentrations of credit risks in establishing our allowance for doubtful accounts and believes these allowances are adequat</font><font style='font-family:Times New Roman;font-size:10pt;' >e. </font><font style='font-family:Times New Roman;font-size:10pt;' >The Company had two customers whose gross accounts receivable exceeded 10% of total gross accounts receivable as of December 31, </font><font style='font-family:Times New Roman;font-size:10pt;' >2016</font><font style='font-family:Times New Roman;font-size:10pt;' >. One customer represented 15</font><font style='font-family:Times New Roman;font-size:10pt;' >% of our total gross accounts receivable and </font><font style='font-family:Times New Roman;font-size:10pt;' >the second customer represented 11</font><font style='font-family:Times New Roman;font-size:10pt;' >%.</font></p></div>
CY2016 bhe Scheduleofcapitalleaseobligationsoutstandingtabletextblock
Scheduleofcapitalleaseobligationsoutstandingtabletextblock
<div><table style='border-collapse:collapse;' ><tr style='height:14.25pt;' ><td colspan='2' rowspan='1' style='width:328.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:328.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Capital lease obligations outstanding consist of the following:</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:14.25pt;' ><td style='width:2.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:2.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:326.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:326.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='4' rowspan='1' style='width:92.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:92.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >December 31,</font></td></tr><tr style='height:14.25pt;' ><td colspan='2' rowspan='1' style='width:328.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:328.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >(in thousands)</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >2016</font></td><td style='width:7.5pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:9.75pt;border-top-style:solid;border-top-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >2015</font></td></tr><tr style='height:14.25pt;' ><td style='width:2.25pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:2.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:326.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:326.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Capital lease obligations</font></td><td style='width:9.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >8,068</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:9.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >8,845</font></td></tr><tr style='height:14.25pt;' ><td style='width:2.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:2.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:326.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:326.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Less current installments</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >896</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >778</font></td></tr><tr style='height:14.25pt;' ><td style='width:2.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:2.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:326.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:326.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Capital lease obligations, less current installments</font></td><td style='width:9.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >7,172</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:9.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >8,067</font></td></tr></table></div>
CY2016 bhe Scheduleoffutureminimumleasepaymentsundernoncancelableoperatingleasesandfutureminimumcapitalleasepaymentstabletextblock
Scheduleoffutureminimumleasepaymentsundernoncancelableoperatingleasesandfutureminimumcapitalleasepaymentstabletextblock
<div><p style='text-align:left;margin-top:0pt;margin-bottom:0pt;line-height:13pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;color:#000000;' >Future minimum capital lease payments and future minimum lease payments under noncancelable operating leases are as follows (in thousands):</font></p></div><p style='line-height:20pt;' /><div><table style='border-collapse:collapse;' ><tr style='height:14.25pt;' ><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:326.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:326.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Capital</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td colspan='3' rowspan='1' style='width:47.25pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:47.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Operating</font></td></tr><tr style='height:14.25pt;' ><td colspan='2' rowspan='1' style='width:329.25pt;border-bottom-style:solid;border-bottom-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:329.25pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Year ending December 31,</font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Leases</font></td><td style='width:7.5pt;text-align:center;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' ></font></td><td style='width:9.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:9pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:center;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:9pt;font-weight:bold;color:#000000;' >Leases</font></td></tr><tr style='height:14.25pt;' ><td style='width:3pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:326.25pt;border-top-style:solid;border-top-width:1;text-align:left;vertical-align:bottom;border-color:Black;min-width:326.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2017</font></td><td style='width:9.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,633</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:9.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td colspan='2' rowspan='1' style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >12,013</font></td></tr><tr style='height:14.25pt;' ><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:326.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:326.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2018</font></td><td style='width:9.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,793</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:9.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >10,614</font></td></tr><tr style='height:14.25pt;' ><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:326.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:326.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2019</font></td><td style='width:9.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2,972</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:9.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >9,497</font></td></tr><tr style='height:14.25pt;' ><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:326.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:326.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2020</font></td><td style='width:9.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3,167</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:9.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6,967</font></td></tr><tr style='height:14.25pt;' ><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:326.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:326.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >2021</font></td><td style='width:9.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >3,382</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:9.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:37.5pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4,736</font></td></tr><tr style='height:14.25pt;' ><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:326.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:326.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Thereafter</font></td><td style='width:9.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4,513</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:9.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td colspan='2' rowspan='1' style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >17,096</font></td></tr><tr style='height:14.25pt;' ><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:326.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:326.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Total minimum lease payments</font></td><td style='width:9.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >19,460</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:9.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td colspan='2' rowspan='1' style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >60,923</font></td></tr><tr style='height:14.25pt;' ><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:326.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:326.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Less: amount representing interest</font></td><td style='width:9.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >11,392</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:22.5pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;border-top-style:double;border-top-width:3;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:14.25pt;' ><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:326.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:326.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Present value of minimum lease payments</font></td><td style='width:9.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >8,068</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:22.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:14.25pt;' ><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:326.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:326.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Less: current installments</font></td><td style='width:9.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:37.5pt;border-bottom-style:solid;border-bottom-width:1;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >896</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:22.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr><tr style='height:14.25pt;' ><td style='width:3pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:3pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:326.25pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:326.25pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Capital lease obligations, less current installments</font></td><td style='width:9.75pt;text-align:right;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >$</font></td><td style='width:37.5pt;border-top-style:solid;border-top-width:1;border-bottom-style:double;border-bottom-width:3;text-align:right;vertical-align:bottom;border-color:Black;min-width:37.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >7,172</font></td><td style='width:7.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:7.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:9.75pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:9.75pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:22.5pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:22.5pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td><td style='width:15pt;text-align:left;vertical-align:bottom;border-color:Black;min-width:15pt;' ><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' ></font></td></tr></table></div>
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
8.76
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
9.91
CY2014 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
2600000 USD
CY2015 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
3100000 USD
CY2014 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
6400000 USD
CY2015 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
7700000 USD
CY2014 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
18900000 USD
CY2015Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
3300000 USD
CY2014Q1 us-gaap Sales Revenue Net
SalesRevenueNet
639344000 USD
CY2015 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
3100000 shares
CY2014 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Expense
UnrecognizedTaxBenefitsInterestOnIncomeTaxesExpense
100000 USD
CY2014Q2 us-gaap Sales Revenue Net
SalesRevenueNet
716868000 USD
CY2014Q3 us-gaap Sales Revenue Net
SalesRevenueNet
731302000 USD
CY2014Q4 us-gaap Sales Revenue Net
SalesRevenueNet
709547000 USD
CY2014Q1 us-gaap Gross Profit
GrossProfit
51153000 USD
CY2015 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Expense
UnrecognizedTaxBenefitsInterestOnIncomeTaxesExpense
100000 USD
CY2016 bhe Unrecognized Tax Benefits Income Tax Penalties And Interest Expense Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpenseReductionsResultingFromLapseOfApplicableStatuteOfLimitations
8300000 USD
CY2014Q2 us-gaap Gross Profit
GrossProfit
57757000 USD
CY2014Q3 us-gaap Gross Profit
GrossProfit
55299000 USD
CY2014Q4 us-gaap Gross Profit
GrossProfit
56107000 USD
CY2014 us-gaap Employee Service Share Based Compensation Tax Benefit Realized From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationTaxBenefitRealizedFromExerciseOfStockOptions
2900000 USD
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
3700000 USD
CY2014 us-gaap Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
1279000 USD
CY2016Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
100000 USD
CY2016Q4 us-gaap Undistributed Earnings Of Foreign Subsidiaries
UndistributedEarningsOfForeignSubsidiaries
846000000 USD
CY2014 bhe Discrete Income Tax Expense Benefit
DiscreteIncomeTaxExpenseBenefit
-1227000 USD
CY2014 bhe Income Tax Reconciliation Losses In Foreign Jurisdictions For Which Nobenefit Has Been Provided
IncomeTaxReconciliationLossesInForeignJurisdictionsForWhichNobenefitHasBeenProvided
5812000 USD
CY2015 bhe Income Tax Reconciliation Losses In Foreign Jurisdictions For Which Nobenefit Has Been Provided
IncomeTaxReconciliationLossesInForeignJurisdictionsForWhichNobenefitHasBeenProvided
3711000 USD
CY2016 bhe Income Tax Reconciliation Losses In Foreign Jurisdictions For Which Nobenefit Has Been Provided
IncomeTaxReconciliationLossesInForeignJurisdictionsForWhichNobenefitHasBeenProvided
2106000 USD
CY2016 bhe Discrete Income Tax Expense Benefit
DiscreteIncomeTaxExpenseBenefit
0 USD
CY2015 bhe Discrete Income Tax Expense Benefit
DiscreteIncomeTaxExpenseBenefit
0 USD
CY2015 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
1653000 USD
CY2014 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
0 USD
CY2014 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
968000 USD
CY2014 bhe Percentageofrevenueaccountedbymajorcustomers
Percentageofrevenueaccountedbymajorcustomers
0.5 pure
CY2015 bhe Percentageofrevenueaccountedbymajorcustomers
Percentageofrevenueaccountedbymajorcustomers
0.47 pure
CY2016 bhe Percentageofrevenueaccountedbymajorcustomers
Percentageofrevenueaccountedbymajorcustomers
0.43 pure
CY2014 bhe Numberoflargestcustomersaccountedforportionofrevenue
Numberoflargestcustomersaccountedforportionofrevenue
10
CY2015 bhe Numberoflargestcustomersaccountedforportionofrevenue
Numberoflargestcustomersaccountedforportionofrevenue
10
CY2014 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-2900000 USD
CY2014 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-381000 USD
CY2016Q2 dei Entity Public Float
EntityPublicFloat
1000000000 USD
CY2015Q1 us-gaap Sales Revenue Net
SalesRevenueNet
620925000 USD
CY2015Q1 us-gaap Gross Profit
GrossProfit
51785000 USD
CY2015Q2 us-gaap Sales Revenue Net
SalesRevenueNet
664038000 USD
CY2015Q2 us-gaap Gross Profit
GrossProfit
55997000 USD
CY2015Q3 us-gaap Sales Revenue Net
SalesRevenueNet
630191000 USD
CY2015Q3 us-gaap Gross Profit
GrossProfit
54563000 USD
CY2016Q1 us-gaap Sales Revenue Net
SalesRevenueNet
549225000 USD
CY2016Q1 us-gaap Gross Profit
GrossProfit
50317000 USD
CY2016Q2 us-gaap Sales Revenue Net
SalesRevenueNet
579342000 USD
CY2016Q2 us-gaap Gross Profit
GrossProfit
52854000 USD
CY2016Q3 us-gaap Sales Revenue Net
SalesRevenueNet
574341000 USD
CY2016Q3 us-gaap Gross Profit
GrossProfit
52822000 USD
CY2016 bhe Numberoflargestcustomersaccountedforportionofrevenue
Numberoflargestcustomersaccountedforportionofrevenue
10
CY2014 us-gaap Income Tax Holiday Income Tax Benefits Per Share
IncomeTaxHolidayIncomeTaxBenefitsPerShare
0.23
CY2016 us-gaap Loss Contingency Managements Assessment And Process
LossContingencyManagementsAssessmentAndProcess
The Company previously reported charges incurred in 2014 for the write-down of inventory and provisions to accounts receivable associated with the October 6, 2014 bankruptcy filing of GT Advanced Technologies (GTAT). The Company noted then that its actual loss could differ from the amounts originally recorded. In October 2016, the Company learned that the trustee in the GTAT bankruptcy proceedings filed adversary actions against three of the Company’s subsidiaries (for which service of process was only recently completed) to recover payments aggregating approximately $4.4 million, which were received by the subsidiaries during the 90 days preceding GTAT’s bankruptcy filing, on the premise that such payments were made during the preference period and therefore may be avoidable as preferential or constructively fraudulent, among other theories. These adversary actions are subject to mandatory mediation procedures by order of the bankruptcy court. The Company believes that the payments were made in the ordinary course of business, and, although the outcome cannot be predicted at this time, the Company intends to vigorously defend against the claims.
CY2014 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
700000 shares
CY2015 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1300000 shares
CY2016 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
400000 shares
CY2016 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
1000 USD

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