2018 Form 10-K Financial Statement

#000133234919000040 Filed on February 14, 2019

View on sec.gov

Income Statement

Concept 2018 2017 Q4 2017 Q3
Revenue $4.531B $1.166B $1.178B
YoY Change -4.54% -3.56% -5.47%
Cost Of Revenue $3.464B $874.8M $887.6M
YoY Change -0.85% 1.17% -0.49%
Gross Profit $1.068B $291.1M $290.4M
YoY Change -14.83% -15.43% -18.01%
Gross Profit Margin 23.57% 24.97% 24.65%
Selling, General & Admin $562.8M $150.5M $150.2M
YoY Change -8.89% -6.23% -4.09%
% of Gross Profit 52.7% 51.7% 51.73%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $455.6M $119.9M $121.2M
YoY Change -7.91% -8.82% -9.01%
% of Gross Profit 42.67% 41.19% 41.74%
Operating Expenses $1.010B $266.5M $267.9M
YoY Change -8.15% -7.98% -6.75%
Operating Profit -$594.2M $2.625M -$351.0M
YoY Change 120.06% -101.47% -836.64%
Interest Expense $280.3M -$79.20M -$85.40M
YoY Change -14.07% -15.57% -11.59%
% of Operating Profit -3017.14%
Other Income/Expense, Net $14.10M $4.900M $2.621M
YoY Change 23.48% 188.24% -29.28%
Pretax Income -$577.8M -$51.57M -$445.1M
YoY Change -1.75% -80.84% 835.79%
Income Tax -$49.46M $48.10M -$31.22M
% Of Pretax Income
Net Earnings -$528.3M $15.06M -$413.9M
YoY Change -7.55% -105.61% 700.78%
Net Earnings / Revenue -11.66% 1.29% -35.13%
Basic Earnings Per Share -$2.82
Diluted Earnings Per Share -$2.82 $81.01K -$2.222M
COMMON SHARES
Basic Shares Outstanding 187.5M shares 186.4M shares 186.3M shares
Diluted Shares Outstanding 187.5M shares

Balance Sheet

Concept 2018 2017 Q4 2017 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $413.0M $514.0M $538.0M
YoY Change -19.65% 137.96% 627.03%
Cash & Equivalents $398.0M $222.6M $291.6M
Short-Term Investments $15.00M $292.0M $246.0M
Other Short-Term Assets $227.0M $259.0M $267.0M
YoY Change -12.36% -1.15% -22.61%
Inventory
Prepaid Expenses
Receivables $134.0M $129.0M $130.9M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $774.0M $901.9M $935.9M
YoY Change -14.19% 45.58% 68.93%
LONG-TERM ASSETS
Property, Plant & Equipment $5.275B $5.852B $6.180B
YoY Change -9.86% -20.7% -18.91%
Goodwill $505.8M $505.8M
YoY Change -28.31%
Intangibles $67.98M $64.88M
YoY Change -18.11%
Long-Term Investments $28.00M $130.0M $186.0M
YoY Change -78.46% -22.62% -49.32%
Other Assets $185.0M $195.2M $195.9M
YoY Change -15.14% -16.78% -29.8%
Total Long-Term Assets $5.693B $6.774B $7.156B
YoY Change -15.95% -21.22% -21.17%
TOTAL ASSETS
Total Short-Term Assets $774.0M $901.9M $935.9M
Total Long-Term Assets $5.693B $6.774B $7.156B
Total Assets $6.467B $7.675B $8.092B
YoY Change -15.74% -16.73% -15.99%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $95.00M $92.00M $77.00M
YoY Change 3.26% 19.48% 8.45%
Accrued Expenses $295.0M $330.0M $317.9M
YoY Change -9.79% 0.59% -7.85%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $318.0M $495.4M $553.6M
YoY Change -47.26% 240.14% 108.89%
Total Short-Term Liabilities $773.0M $1.096B $1.128B
YoY Change -29.47% 49.87% 41.05%
LONG-TERM LIABILITIES
Long-Term Debt $4.197B $3.375B $3.384B
YoY Change -7.56% -1.13% -43.28%
Other Long-Term Liabilities $460.0M $214.6M $213.7M
YoY Change 4.78% -7.04% -51.76%
Total Long-Term Liabilities $4.657B $3.590B $3.598B
YoY Change -6.47% -1.51% -43.86%
TOTAL LIABILITIES
Total Short-Term Liabilities $773.0M $1.096B $1.128B
Total Long-Term Liabilities $4.657B $3.590B $3.598B
Total Liabilities $5.448B $6.145B $6.582B
YoY Change -11.34% -13.93% -9.61%
SHAREHOLDERS EQUITY
Retained Earnings -$2.541B -$2.556B
YoY Change 29.01%
Common Stock $1.913M $1.915M
YoY Change 0.68%
Preferred Stock
YoY Change
Treasury Stock (at cost) $56.44M $56.44M
YoY Change 0.0%
Treasury Stock Shares 3.178M shares 3.178M shares
Shareholders Equity $1.019B $1.531B $1.510B
YoY Change
Total Liabilities & Shareholders Equity $6.467B $7.675B $8.092B
YoY Change -15.74% -16.73% -15.99%

Cashflow Statement

Concept 2018 2017 Q4 2017 Q3
OPERATING ACTIVITIES
Net Income -$528.3M $15.06M -$413.9M
YoY Change -7.55% -105.61% 700.78%
Depreciation, Depletion And Amortization $455.6M $119.9M $121.2M
YoY Change -7.91% -8.82% -9.01%
Cash From Operating Activities $204.0M $95.30M $82.60M
YoY Change -46.09% -1.14% -16.98%
INVESTING ACTIVITIES
Capital Expenditures $225.5M -$78.70M -$50.40M
YoY Change 5.42% 12.91% -48.47%
Acquisitions
YoY Change
Other Investing Activities -$1.580M $6.000M -$219.8M
YoY Change 62.05% -97.97% -209.85%
Cash From Investing Activities $288.8M -$72.60M -$270.2M
YoY Change -147.94% -132.1% -364.13%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $4.256M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$325.1M -92.60M 326.0M
YoY Change -241.83% -50.03% -295.56%
NET CHANGE
Cash From Operating Activities $204.0M 95.30M 82.60M
Cash From Investing Activities $288.8M -72.60M -270.2M
Cash From Financing Activities -$325.1M -92.60M 326.0M
Net Change In Cash $167.7M -69.90M 138.4M
YoY Change 3109.65% -150.91% 294.3%
FREE CASH FLOW
Cash From Operating Activities $204.0M $95.30M $82.60M
Capital Expenditures $225.5M -$78.70M -$50.40M
Free Cash Flow -$21.51M $174.0M $133.0M
YoY Change -113.08% 4.76% -32.59%

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CY2017Q1 us-gaap Asset Impairment Charges
AssetImpairmentCharges
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CY2017Q2 us-gaap Asset Impairment Charges
AssetImpairmentCharges
1559000 USD
CY2017Q3 us-gaap Asset Impairment Charges
AssetImpairmentCharges
368551000 USD
CY2017Q4 us-gaap Asset Impairment Charges
AssetImpairmentCharges
18966000 USD
CY2017 us-gaap Asset Impairment Charges
AssetImpairmentCharges
409782000 USD
CY2018Q1 us-gaap Asset Impairment Charges
AssetImpairmentCharges
430363000 USD
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AssetImpairmentCharges
16103000 USD
CY2018Q3 us-gaap Asset Impairment Charges
AssetImpairmentCharges
5500000 USD
CY2018Q4 us-gaap Asset Impairment Charges
AssetImpairmentCharges
37927000 USD
CY2018 us-gaap Asset Impairment Charges
AssetImpairmentCharges
489893000 USD
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CY2018Q4 us-gaap Assets
Assets
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CY2018Q4 us-gaap Assets Current
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106435000 USD
CY2018Q4 us-gaap Assets Held For Sale Long Lived Fair Value Disclosure
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93117000 USD
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3990000 USD
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BusinessCombinationAcquisitionRelatedCosts
22573000 USD
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8980000 USD
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23135000 USD
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222647000 USD
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398267000 USD
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153981000 USD
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277322000 USD
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282546000 USD
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450218000 USD
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123341000 USD
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5224000 USD
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167672000 USD
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0.01
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0.01
CY2017Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
400000000 shares
CY2018Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
400000000 shares
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CommonStockSharesIssued
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CY2018Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
196815254 shares
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CY2018Q4 us-gaap Common Stock Shares Outstanding
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1913000 USD
CY2018Q4 us-gaap Common Stock Value
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1968000 USD
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82100000 USD
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469388000 USD
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430288000 USD
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407427000 USD
CY2016 us-gaap Costs And Expenses
CostsAndExpenses
5008063000 USD
CY2017 us-gaap Costs And Expenses
CostsAndExpenses
5017161000 USD
CY2018 us-gaap Costs And Expenses
CostsAndExpenses
5125675000 USD
CY2016 us-gaap Current Federal Tax Expense Benefit
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12000 USD
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CurrentFederalTaxExpenseBenefit
-2200000 USD
CY2018 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
113000 USD
CY2016 us-gaap Current State And Local Tax Expense Benefit
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2118000 USD
CY2017 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
995000 USD
CY2018 us-gaap Current State And Local Tax Expense Benefit
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2798000 USD
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CY2017 us-gaap Deferred State And Local Income Tax Expense Benefit
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CY2018 us-gaap Deferred State And Local Income Tax Expense Benefit
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14493000 USD
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10133000 USD
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406868000 USD
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CY2017Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
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298255000 USD
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7190000 USD
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2872000 USD
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CY2018Q4 us-gaap Deferred Tax Liabilities
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70644000 USD
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18371000 USD
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8200000 USD
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DefinedContributionPlanCostRecognized
10100000 USD
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8300000 USD
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0.04
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520402000 USD
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DepreciationAndAmortization
482077000 USD
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DepreciationAndAmortization
447455000 USD
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DepreciationDepletionAndAmortization
529802000 USD
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494758000 USD
CY2018 us-gaap Depreciation Depletion And Amortization
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455212000 USD
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0.70
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0.35
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0.35
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0.21
CY2018Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
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41300000 USD
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P2Y7M
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23544000 USD
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8258000 USD
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2896000 USD
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779000000 USD
CY2017 us-gaap Equity Method Investment Summarized Financial Information Cost Of Sales
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946000000 USD
CY2018 us-gaap Equity Method Investment Summarized Financial Information Cost Of Sales
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592000000 USD
CY2017Q4 us-gaap Equity Method Investment Summarized Financial Information Current Assets
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164000000 USD
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66000000 USD
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672000000 USD
CY2018Q4 us-gaap Equity Method Investment Summarized Financial Information Current Liabilities
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563000000 USD
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-4000000 USD
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-81000000 USD
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4050000000 USD
CY2018Q4 us-gaap Equity Method Investment Summarized Financial Information Noncurrent Assets
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1148000000 USD
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2813000000 USD
CY2018Q4 us-gaap Equity Method Investment Summarized Financial Information Noncurrent Liabilities
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715000000 USD
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1133000000 USD
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793000000 USD
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3260000 USD
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CY2018 us-gaap Federal Income Tax Expense Benefit Continuing Operations
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31643000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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32999000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
0 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
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2140000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
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366000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
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635000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
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635000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
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635000 USD
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4411000 USD
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0 USD
CY2017 us-gaap Gain Loss On Contract Termination
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0 USD
CY2018 us-gaap Gain Loss On Contract Termination
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8724000 USD
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7218000 USD
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19273000 USD
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43431000 USD
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23322000 USD
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9833000 USD
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216660000 USD
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293246000 USD
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-11113000 USD
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-14276000 USD
CY2018Q1 us-gaap Gain Loss On Termination Of Lease
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0 USD
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CY2018Q3 us-gaap Gain Loss On Termination Of Lease
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CY2018Q4 us-gaap Gain Loss On Termination Of Lease
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-13197000 USD
CY2018 us-gaap Gain Loss On Termination Of Lease
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-162001000 USD
CY2016 us-gaap Gains Losses On Extinguishment Of Debt
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-9170000 USD
CY2017 us-gaap Gains Losses On Extinguishment Of Debt
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-12409000 USD
CY2018 us-gaap Gains Losses On Extinguishment Of Debt
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-11677000 USD
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760420000 USD
CY2018Q4 us-gaap Goodwill
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154131000 USD
CY2017Q4 us-gaap Goodwill Gross
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760420000 USD
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205000000 USD
CY2018Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
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556652000 USD
CY2016 us-gaap Gross Profit
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1439981000 USD
CY2017 us-gaap Gross Profit
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1253830000 USD
CY2018 us-gaap Gross Profit
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1067869000 USD
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-399258000 USD
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-42333000 USD
CY2017Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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-49072000 USD
CY2017Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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-445147000 USD
CY2017Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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-51569000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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-588121000 USD
CY2018Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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-441649000 USD
CY2018Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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-181055000 USD
CY2018Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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-54903000 USD
CY2018Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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99799000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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-577808000 USD
CY2016 us-gaap Income Loss From Equity Method Investments
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1660000 USD
CY2017 us-gaap Income Loss From Equity Method Investments
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-14827000 USD
CY2018 us-gaap Income Loss From Equity Method Investments
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-8804000 USD
CY2017Q4 us-gaap Income Tax Examination Penalties And Interest Accrued
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100000 USD
CY2018Q4 us-gaap Income Tax Examination Penalties And Interest Accrued
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100000 USD
CY2016 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
5378000 USD
CY2017 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-16515000 USD
CY2018 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-49456000 USD
CY2018 us-gaap Income Tax Expense Benefit Continuing Operations Adjustment Of Deferred Tax Asset Liability
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300000 USD
CY2016 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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142862000 USD
CY2017 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
246037000 USD
CY2018 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
-5713000 USD
CY2016 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
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IncomeTaxReconciliationChangeInEnactedTaxRate
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CY2018 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
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-139657000 USD
CY2017 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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CY2018 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
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CY2016 us-gaap Income Tax Reconciliation Nondeductible Expense Impairment Losses
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10789000 USD
CY2017 us-gaap Income Tax Reconciliation Nondeductible Expense Impairment Losses
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78515000 USD
CY2018 us-gaap Income Tax Reconciliation Nondeductible Expense Impairment Losses
IncomeTaxReconciliationNondeductibleExpenseImpairmentLosses
88265000 USD
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868000 USD
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IncomeTaxReconciliationNondeductibleExpenseMealsAndEntertainment
726000 USD
CY2018 us-gaap Income Tax Reconciliation Nondeductible Expense Meals And Entertainment
IncomeTaxReconciliationNondeductibleExpenseMealsAndEntertainment
493000 USD
CY2016 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
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5716000 USD
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4093000 USD
CY2018 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
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4717000 USD
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IncomeTaxReconciliationOtherReconcilingItems
2751000 USD
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IncomeTaxReconciliationOtherReconcilingItems
1406000 USD
CY2018 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
324000 USD
CY2016 us-gaap Income Tax Reconciliation State And Local Income Taxes
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-11788000 USD
CY2017 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-24891000 USD
CY2018 us-gaap Income Tax Reconciliation State And Local Income Taxes
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-21576000 USD
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6163000 USD
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1908000 USD
CY2018 us-gaap Income Tax Reconciliation Tax Credits
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688000 USD
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2047000 USD
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1038000 USD
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2058000 USD
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-83248000 USD
CY2017 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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4964000 USD
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3300000 USD
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-13917000 USD
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918000 USD
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-35400000 USD
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-9900000 USD
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-14600000 USD
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-2225000 USD
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1163000 USD
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CY2018 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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129794000 USD
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27528000 USD
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3078004000 USD
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12400000 USD
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11700000 USD
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341187000 USD
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271771000 USD
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213887000 USD
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225473000 USD
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0 shares
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29035000 USD
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12850000 USD
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100000000 USD
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200000000 USD
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50000000 USD
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15021000 USD
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131531000 USD
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300113000 USD
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221476000 USD
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220810000 USD
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CY2018 us-gaap Recognition Of Deferred Revenue
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1670000 USD
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1054161000 USD
CY2018 us-gaap Repayments Of Long Term Debt And Capital Securities
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896744000 USD
CY2016 us-gaap Repayments Of Long Term Lines Of Credit
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1586500000 USD
CY2017 us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
100000000 USD
CY2018 us-gaap Repayments Of Long Term Lines Of Credit
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200000000 USD
CY2017Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
59899000 USD
CY2018Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
51951000 USD
CY2017Q4 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
22710000 USD
CY2018Q4 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
24268000 USD
CY2017Q4 us-gaap Restricted Cash And Investments Current
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37189000 USD
CY2018Q4 us-gaap Restricted Cash And Investments Current
RestrictedCashAndInvestmentsCurrent
27683000 USD
CY2017Q4 us-gaap Retained Earnings Accumulated Deficit
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-2541294000 USD
CY2018Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-3069272000 USD
CY2018 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
3449211000 USD
CY2016 us-gaap Revenues
Revenues
4976980000 USD
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Revenues
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Revenues
1186472000 USD
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Revenues
1177988000 USD
CY2017Q4 us-gaap Revenues
Revenues
1165890000 USD
CY2017 us-gaap Revenues
Revenues
4747116000 USD
CY2018Q1 us-gaap Revenues
Revenues
1187234000 USD
CY2018Q2 us-gaap Revenues
Revenues
1155200000 USD
CY2018Q3 us-gaap Revenues
Revenues
1120062000 USD
CY2018Q4 us-gaap Revenues
Revenues
1068930000 USD
CY2018 us-gaap Revenues
Revenues
4531426000 USD
CY2017Q4 us-gaap Security Deposit Liability
SecurityDepositLiability
3126000 USD
CY2018Q4 us-gaap Security Deposit Liability
SecurityDepositLiability
2080000 USD
CY2017Q4 us-gaap Self Insurance Reserve
SelfInsuranceReserve
165000000 USD
CY2018Q4 us-gaap Self Insurance Reserve
SelfInsuranceReserve
155600000 USD
CY2017Q4 us-gaap Self Insurance Reserve Noncurrent
SelfInsuranceReserveNoncurrent
101700000 USD
CY2018Q4 us-gaap Self Insurance Reserve Noncurrent
SelfInsuranceReserveNoncurrent
94500000 USD
CY2016 us-gaap Share Based Compensation
ShareBasedCompensation
32285000 USD
CY2017 us-gaap Share Based Compensation
ShareBasedCompensation
27832000 USD
CY2018 us-gaap Share Based Compensation
ShareBasedCompensation
26067000 USD
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
745000 shares
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
1131000 shares
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
1315000 shares
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
24.75
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
18.95
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
13.19
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
3141000 shares
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
2569000 shares
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
3880000 shares
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
14.56
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
14.65
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
9.39
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
3454000 shares
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
4608000 shares
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
4770000 shares
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
5756000 shares
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
28.80
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
20.29
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
17.13
CY2017 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
184000 USD
CY2018 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
80000 USD
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
11.78
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
1242000 shares
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
1276000 shares
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
1579000 shares
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
26.79
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
22.20
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
19.12
CY2016 us-gaap State And Local Income Tax Expense Benefit Continuing Operations
StateAndLocalIncomeTaxExpenseBenefitContinuingOperations
2118000 USD
CY2017 us-gaap State And Local Income Tax Expense Benefit Continuing Operations
StateAndLocalIncomeTaxExpenseBenefitContinuingOperations
995000 USD
CY2018 us-gaap State And Local Income Tax Expense Benefit Continuing Operations
StateAndLocalIncomeTaxExpenseBenefitContinuingOperations
2798000 USD
CY2016 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
2349000 USD
CY2017 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
2041000 USD
CY2018 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
1469000 USD
CY2018Q4 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
81900000 USD
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
1530728000 USD
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
1018903000 USD
CY2015Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2458727000 USD
CY2016Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2077732000 USD
CY2017Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1530291000 USD
CY2018Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1018413000 USD
CY2016 us-gaap Straight Line Rent Adjustments
StraightLineRentAdjustments
-6097000 USD
CY2017 us-gaap Straight Line Rent Adjustments
StraightLineRentAdjustments
-20990000 USD
CY2018 us-gaap Straight Line Rent Adjustments
StraightLineRentAdjustments
-17218000 USD
CY2017 us-gaap Trading Securities Realized Gain Loss
TradingSecuritiesRealizedGainLoss
600000 USD
CY2018 us-gaap Trading Securities Realized Gain Loss
TradingSecuritiesRealizedGainLoss
1400000 USD
CY2016 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
12.83
CY2018 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
6.64
CY2017Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
3178401 shares
CY2018Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
4459203 shares
CY2016 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
750000 shares
CY2017 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
0 shares
CY2018 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
1280802 shares
CY2017Q4 us-gaap Treasury Stock Value
TreasuryStockValue
56440000 USD
CY2018Q4 us-gaap Treasury Stock Value
TreasuryStockValue
64940000 USD
CY2016 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
9600000 USD
CY2016 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
9640000 USD
CY2018 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
8500000 USD
CY2018 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
8500000 USD
CY2016 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-178000 USD
CY2017 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-174000 USD
CY2018 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-403000 USD
CY2016Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
29160000 USD
CY2017Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
18461000 USD
CY2018Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
18507000 USD
CY2017 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
24000 USD
CY2018 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
34000 USD
CY2017 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
71782000 USD
CY2017 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
71800000 USD
CY2018 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
329000 USD
CY2016 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
185653000 shares
CY2017 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
186155000 shares
CY2018 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
187468000 shares
CY2018 us-gaap Nature Of Operations
NatureOfOperations
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Description of Business</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Brookdale Senior Living Inc. ("Brookdale" or the "Company") is an operator of senior living communities throughout the United States.&#160;The Company is committed to providing senior living solutions primarily within properties that are designed, purpose-built and operated to provide quality service, care and living accommodations for residents.&#160;The Company operates and manages independent living, assisted living, memory care and continuing care retirement communities ("CCRCs").&#160;The Company also offers a range of home health, hospice, and outpatient therapy services to residents of many of its communities and to seniors living outside of its communities.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company has </font><font style="font-family:inherit;font-size:10pt;">five</font><font style="font-family:inherit;font-size:10pt;"> reportable segments: Independent Living; Assisted Living and Memory Care; CCRCs; Health Care Services; and Management Services. In prior periods, the Company referred to the Independent Living segment as the Retirement Centers segment, the Assisted Living and Memory Care segment as the Assisted Living segment, and the Health Care Services segment as the Brookdale Ancillary Services segment. The name changes had no effect on the underlying methodology related to, or results of operations of, the segments.</font></div></div>
CY2018 us-gaap Reclassifications
Reclassifications
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Reclassifications</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Certain prior period amounts have been reclassified to conform to the current financial statement presentation, with no effect on the Company's consolidated financial position or results of operations.</font></div></div>
CY2018 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Use of Estimates</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of the consolidated financial statements and related disclosures in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying notes.&#160;Estimates are used for, but not limited to, revenue, goodwill and asset impairments, self-insurance reserves, performance-based compensation, the allowance for doubtful accounts, depreciation and amortization, leasing transactions, income taxes and other contingencies.&#160;Although these estimates are based on management's best knowledge of current events and actions that the Company may undertake in the future, actual results may differ from the original estimates.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></div>

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