2015 Form 10-K Financial Statement

#000156459016014562 Filed on March 11, 2016

View on sec.gov

Income Statement

Concept 2015 2014 Q4 2014 Q3
Revenue $3.564B $396.7M $434.9M
YoY Change 122.21% 7.48% 7.94%
Cost Of Revenue $2.663B $306.1M $337.3M
YoY Change 113.54% 6.92% 8.67%
Gross Profit $901.5M $90.64M $97.65M
YoY Change 152.52% 9.4% 5.57%
Gross Profit Margin 25.29% 22.85% 22.45%
Selling, General & Admin $810.7M $79.70M $82.00M
YoY Change 163.74% 14.68% 13.42%
% of Gross Profit 89.93% 87.93% 83.98%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $58.28M $3.100M $2.400M
YoY Change 585.65% 55.0% 20.0%
% of Gross Profit 6.46% 3.42% 2.46%
Operating Expenses $810.7M $79.70M $81.90M
YoY Change 163.74% 14.84% 13.12%
Operating Profit $90.62M $10.94M $15.75M
YoY Change 81.17% -18.67% -21.63%
Interest Expense $109.2M -$8.600M -$6.400M
YoY Change 259.81% 0.0% -14.67%
% of Operating Profit 120.51% -78.64% -40.64%
Other Income/Expense, Net
YoY Change
Pretax Income -$18.58M $2.600M $9.192M
YoY Change -194.47% -45.83% -28.19%
Income Tax $4.387M $500.0K $500.0K
% Of Pretax Income 19.23% 5.44%
Net Earnings -$22.83M $2.421M $8.504M
YoY Change -225.79% -46.54% -33.53%
Net Earnings / Revenue -0.64% 0.61% 1.96%
Basic Earnings Per Share -$0.22 $0.02 $0.09
Diluted Earnings Per Share -$0.22 $0.02 $0.07
COMMON SHARES
Basic Shares Outstanding 103.2M 98.10M
Diluted Shares Outstanding 103.2M 100.4M

Balance Sheet

Concept 2015 2014 Q4 2014 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $65.10M $17.80M $67.80M
YoY Change 265.73% -67.46% 34.52%
Cash & Equivalents $65.10M $17.77M $67.80M
Short-Term Investments
Other Short-Term Assets $29.90M $27.26M $23.60M
YoY Change 160.0% 178.35% 101.71%
Inventory $513.0M $138.2M $134.2M
Prepaid Expenses
Receivables $528.5M $140.1M $170.8M
Other Receivables $57.80M $24.07M $0.00
Total Short-Term Assets $1.194B $331.5M $396.3M
YoY Change 260.27% 0.11% 12.78%
LONG-TERM ASSETS
Property, Plant & Equipment $734.3M $75.68M $62.40M
YoY Change 870.01% 53.22% 34.48%
Goodwill $139.8M
YoY Change 25.7%
Intangibles $17.23M $8.772M
YoY Change 1983.19%
Long-Term Investments
YoY Change
Other Assets $24.20M $8.449M $19.81M
YoY Change 146.94% -63.69% -20.43%
Total Long-Term Assets $1.688B $242.5M $213.0M
YoY Change 595.67% 31.32% 16.74%
TOTAL ASSETS
Total Short-Term Assets $1.194B $331.5M $396.3M
Total Long-Term Assets $1.688B $242.5M $213.0M
Total Assets $2.882B $574.1M $609.3M
YoY Change 402.0% 11.29% 14.13%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $365.3M $74.43M $97.23M
YoY Change 390.99% -8.17% 6.96%
Accrued Expenses $255.7M $67.67M $76.44M
YoY Change 315.1% 49.34% 26.35%
Deferred Revenue
YoY Change
Short-Term Debt $46.80M $0.00 $0.00
YoY Change
Long-Term Debt Due $29.20M $30.07M $30.07M
YoY Change -2.99% 44786.57% 29972.0%
Total Short-Term Liabilities $735.2M $172.2M $203.7M
YoY Change 326.95% 36.18% 34.48%
LONG-TERM LIABILITIES
Long-Term Debt $1.923B $353.8M $353.8M
YoY Change 457.57% -0.02% -0.01%
Other Long-Term Liabilities $63.60M $10.43M $16.52M
YoY Change 511.54% -22.61% -28.18%
Total Long-Term Liabilities $1.986B $364.3M $370.4M
YoY Change 459.15% -0.85% -1.73%
TOTAL LIABILITIES
Total Short-Term Liabilities $735.2M $172.2M $203.7M
Total Long-Term Liabilities $1.986B $364.3M $370.4M
Total Liabilities $2.733B $533.9M $574.1M
YoY Change 411.86% 6.67% 8.65%
SHAREHOLDERS EQUITY
Retained Earnings -$340.9M -$343.3M
YoY Change -5.06%
Common Stock $381.1M $378.5M
YoY Change 1.78%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $149.2M $40.20M $35.24M
YoY Change
Total Liabilities & Shareholders Equity $2.882B $574.1M $609.3M
YoY Change 402.0% 11.29% 14.13%

Cashflow Statement

Concept 2015 2014 Q4 2014 Q3
OPERATING ACTIVITIES
Net Income -$22.83M $2.421M $8.504M
YoY Change -225.79% -46.54% -33.53%
Depreciation, Depletion And Amortization $58.28M $3.100M $2.400M
YoY Change 585.65% 55.0% 20.0%
Cash From Operating Activities $177.0M -$3.000M $29.80M
YoY Change 543.92% -134.88% 0.34%
INVESTING ACTIVITIES
Capital Expenditures $43.81M -$11.20M -$2.400M
YoY Change 70.36% 96.49% -50.0%
Acquisitions $1.469B
YoY Change 2017.93%
Other Investing Activities -$1.464B -$36.10M -$24.30M
YoY Change 2018.96% -4111.11% -2309.09%
Cash From Investing Activities -$1.508B -$47.20M -$26.80M
YoY Change 1490.1% 904.26% 605.26%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net -$110.3M
YoY Change -8547.4%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 1.378B 300.0K 30.10M
YoY Change 4430.31% -40.0% -2836.36%
NET CHANGE
Cash From Operating Activities 177.0M -3.000M 29.80M
Cash From Investing Activities -1.508B -47.20M -26.80M
Cash From Financing Activities 1.378B 300.0K 30.10M
Net Change In Cash 47.29M -49.90M 33.10M
YoY Change -228.08% -1234.09% 33.47%
FREE CASH FLOW
Cash From Operating Activities $177.0M -$3.000M $29.80M
Capital Expenditures $43.81M -$11.20M -$2.400M
Free Cash Flow $133.2M $8.200M $32.20M
YoY Change 7397.07% -42.66% -6.67%

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900000
CY2013 us-gaap Other Adjustments To Income Discontinued Operations
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195000
CY2014 us-gaap Gain Loss On Sale Of Property Plant Equipment
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114000
CY2013 us-gaap Increase Decrease In Other Noncurrent Assets And Liabilities Net
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1344000
CY2014 bldr Increase Decrease In Accounts Payable And Checks Outstanding
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-5410000
CY2013 bldr Increase Decrease In Accounts Payable And Checks Outstanding
IncreaseDecreaseInAccountsPayableAndChecksOutstanding
1332000
CY2013 us-gaap Increase Decrease In Accrued Liabilities
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8221000
CY2013 us-gaap Net Cash Provided By Used In Operating Activities
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-47576000
CY2013 us-gaap Payments To Acquire Property Plant And Equipment
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15051000
CY2013 us-gaap Proceeds From Sale Of Property Plant And Equipment
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2592000
CY2013 us-gaap Increase Decrease In Restricted Cash
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-13030000
CY2014 us-gaap Net Cash Provided By Used In Investing Activities
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-94840000
CY2013 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
571000
CY2014 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
30000000
CY2013 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
30000000
CY2013 us-gaap Repayments Of Lines Of Credit
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30000000
CY2015 us-gaap Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
700000000
CY2013 us-gaap Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
350000000
CY2015 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
594000000
CY2015 us-gaap Proceeds From Repayments Of Other Long Term Debt
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-4213000
CY2014 us-gaap Proceeds From Repayments Of Other Long Term Debt
ProceedsFromRepaymentsOfOtherLongTermDebt
-67000
CY2013 us-gaap Proceeds From Repayments Of Other Long Term Debt
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CY2015 us-gaap Payments Of Financing Costs
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58525000
CY2014 us-gaap Payments Of Financing Costs
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34000
CY2013 us-gaap Payments Of Debt Extinguishment Costs
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37000
CY2015 us-gaap Proceeds From Issuance Of Common Stock
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111309000
CY2013 us-gaap Proceeds From Stock Options Exercised
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1754000
CY2013 us-gaap Payments For Repurchase Of Common Stock
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1036000
CY2013 us-gaap Net Cash Provided By Used In Financing Activities
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-29731000
CY2015 us-gaap Cash And Cash Equivalents Period Increase Decrease
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47290000
CY2014 us-gaap Cash And Cash Equivalents Period Increase Decrease
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-36923000
CY2013 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-76736000
CY2013Q4 us-gaap Cash And Cash Equivalents At Carrying Value
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54696000
CY2012Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
131432000
CY2012Q4 us-gaap Stockholders Equity
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48096000
CY2014 us-gaap Stock Issued During Period Value Stock Options Exercised
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1831000
CY2014 us-gaap Stock Repurchased During Period Value
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1306000
CY2015 us-gaap Stock Issued During Period Value New Issues
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111309000
CY2015 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
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6848000
CY2015 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
6718000
CY2015 bldr Stock Issued During Period Value Stock Warrants Exercised
StockIssuedDuringPeriodValueStockWarrantsExercised
7937000
CY2015 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
986000
CY2015 us-gaap Use Of Estimates
UseOfEstimates
<div> <p style="margin-bottom:0pt;margin-top:18pt;text-indent:0%;font-weight:bold;font-style:italic;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;">Accounting Estimates </p> <p style="margin-bottom:0pt;margin-top:6pt;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;text-indent:4.54%;">The preparation of financial statements in conformity with generally accepted accounting principles (&#8220;GAAP&#8221;) in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting period. Actual results could materially differ from those estimates. </p> <p style="margin-bottom:0pt;margin-top:12pt;text-indent:4.54%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Estimates are used when accounting for items such as revenue, vendor rebates, allowance for returns, discounts and doubtful accounts, employee compensation programs, depreciation and amortization periods, income taxes, inventory values, insurance programs, goodwill, other intangible assets and long-lived assets. </p></div>
CY2015 us-gaap Nature Of Operations
NatureOfOperations
<div> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">1. <font style="text-decoration:underline;">Description of the Business</font> </p> <p style="margin-bottom:0pt;margin-top:6pt;text-indent:4.54%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Builders FirstSource, Inc., a Delaware corporation formed in 1998, is a leading supplier of building materials, manufactured components and construction services to professional contractors, sub-contractors, and consumers.&nbsp;&nbsp;Following our acquisition of ProBuild Holdings LLC (&#8220;ProBuild&#8221;) in July 2015, the company operates locations in 40 states across the United States. </p> <p style="margin-bottom:0pt;margin-top:12pt;text-indent:4.54%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">In this annual report, references to the &#8220;Company,&#8221; &#8220;we,&#8221; &#8220;our,&#8221; &#8220;ours&#8221; or &#8220;us&#8221; refer to Builders FirstSource, Inc. and its consolidated subsidiaries (including ProBuild as of July 31, 2015), unless otherwise stated or the context otherwise requires. </p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-weight:bold;;font-size:9pt;">&nbsp;</p></div>
CY2015 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div> <p style="margin-bottom:0pt;margin-top:6pt;text-indent:0%;font-weight:bold;font-style:italic;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;">Balance Sheet Reclassification</p> <p style="margin-bottom:0pt;margin-top:6pt;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;text-indent:4.54%;">Certain prior period amounts have been reclassified to conform to the current year presentation due to the ProBuild acquisition and the adoption of updated accounting guidance.</p> <p style="margin-bottom:0pt;margin-top:12pt;text-indent:4.54%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The accompanying consolidated balance sheet as of December 31, 2014 has been recast to present deferred loan costs associated with term debt as a reduction to long-term debt instead of a component of other assets. In the accompanying condensed consolidated balance sheet as of December 31, 2014, $9.0 million has been reclassified from other assets to long-term debt. Deferred loan costs associated with revolving debt arrangements continue to be presented as a component of other assets. Previously the Company presented all deferred loan costs as a component of other assets. This change in accounting principle was made in accordance with the updated guidance issued by the Financial Standards Accounting Board (&#8220;FASB&#8221;) described below under &#8220;Recently Issued Accounting Pronouncements&#8221;. This update had no impact on guidance relating to the recognition and measurement of deferred loan costs.</p></div>
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BusinessAcquisitionsProFormaRevenue
6082819000
CY2015 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
-10433000
CY2014 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
-127880000
CY2015 us-gaap Business Acquisition Pro Forma Earnings Per Share Basic
BusinessAcquisitionProFormaEarningsPerShareBasic
-0.10
CY2014 us-gaap Business Acquisition Pro Forma Earnings Per Share Basic
BusinessAcquisitionProFormaEarningsPerShareBasic
-1.19
CY2015 us-gaap Year Founded
YearFounded
1998
CY2015Q4 us-gaap Number Of States In Which Entity Operates
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40
CY2015 bldr Usual Completion Period For Contracts With Service Elements
UsualCompletionPeriodForContractsWithServiceElements
P30D
CY2015 bldr Maximum Percentage Of Net Sales Attributable To Single Customer
MaximumPercentageOfNetSalesAttributableToSingleCustomer
0.05
CY2015Q4 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
536593000
CY2014Q4 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
143217000
CY2014Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
1734000
CY2013Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
2413000
CY2012Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
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1864000
CY2015 bldr Allowance For Doubtful Accounts Receivable Write Offs Net Of Recoveries
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-226000
CY2014 bldr Allowance For Doubtful Accounts Receivable Write Offs Net Of Recoveries
AllowanceForDoubtfulAccountsReceivableWriteOffsNetOfRecoveries
405000
CY2013 bldr Allowance For Doubtful Accounts Receivable Write Offs Net Of Recoveries
AllowanceForDoubtfulAccountsReceivableWriteOffsNetOfRecoveries
351000
CY2015Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
4245000
CY2015Q4 bldr Reserve For Credit Memos And Customer Returns
ReserveForCreditMemosAndCustomerReturns
3800000
CY2014Q4 bldr Reserve For Credit Memos And Customer Returns
ReserveForCreditMemosAndCustomerReturns
1400000
CY2015 bldr Maximum Percentage Of Aggregate Material Purchases From Single Supplier
MaximumPercentageOfAggregateMaterialPurchasesFromSingleSupplier
0.07
CY2015 us-gaap Shipping Handling And Transportation Costs
ShippingHandlingAndTransportationCosts
171900000
CY2014 us-gaap Shipping Handling And Transportation Costs
ShippingHandlingAndTransportationCosts
79700000
CY2013 us-gaap Shipping Handling And Transportation Costs
ShippingHandlingAndTransportationCosts
71100000
CY2014 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
2472000
CY2015Q4 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
0
CY2015 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P6Y
CY2014 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P5Y9M18D
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.752
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.921
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.0000
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.0000
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0175
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0183
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InterestPaid
55028000
CY2014 us-gaap Interest Paid
InterestPaid
28338000
CY2013 us-gaap Interest Paid
InterestPaid
78232000
CY2015 us-gaap Income Taxes Paid Net
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1409000
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BusinessAcquisitionProFormaEarningsPerShareDiluted
-0.10
CY2014 us-gaap Business Acquisition Pro Forma Earnings Per Share Diluted
BusinessAcquisitionProFormaEarningsPerShareDiluted
-1.19
CY2015 us-gaap Depreciation
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46300000
CY2014 us-gaap Depreciation
Depreciation
8500000
CY2014 us-gaap Income Taxes Paid Net
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456000
CY2013 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
407000
CY2015 bldr Tax Amortization Period For Acquired Goodwill
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P15Y
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6066792000
CY2013 us-gaap Depreciation
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8900000
CY2015 us-gaap Cost Of Goods And Services Sold Depreciation And Amortization
CostOfGoodsAndServicesSoldDepreciationAndAmortization
5300000
CY2014 us-gaap Cost Of Goods And Services Sold Depreciation And Amortization
CostOfGoodsAndServicesSoldDepreciationAndAmortization
2500000
CY2013 us-gaap Cost Of Goods And Services Sold Depreciation And Amortization
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2400000
CY2015Q4 us-gaap Capital Leases Balance Sheet Assets By Major Class Net
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322545000
CY2014Q4 us-gaap Capital Leases Balance Sheet Assets By Major Class Net
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4107000
CY2015Q4 us-gaap Capital Leases Lessee Balance Sheet Assets By Major Class Accumulated Deprecation
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4900000
CY2014Q4 us-gaap Capital Leases Lessee Balance Sheet Assets By Major Class Accumulated Deprecation
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1200000
CY2015Q4 us-gaap Property Plant And Equipment Gross
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922598000
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227996000
CY2015Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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188269000
CY2014Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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152317000
CY2013Q4 us-gaap Goodwill Gross
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155829000
CY2013Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
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44636000
CY2013Q4 us-gaap Goodwill
Goodwill
111193000
CY2014 bldr Goodwill Acquired During Period And Other Purchase Accounting Adjustments
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28581000
CY2014Q4 us-gaap Goodwill Gross
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184410000
CY2014Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
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44636000
CY2015 bldr Goodwill Acquired During Period And Other Purchase Accounting Adjustments
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599851000
CY2015Q4 us-gaap Goodwill Gross
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784261000
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44636000
CY2015 bldr Period Of Projection Of Financial Performance
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P5Y
CY2015 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0
CY2014 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0
CY2013 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0
CY2015Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
207445000
CY2015Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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17841000
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20049000
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2821000
CY2015 us-gaap Amortization Of Intangible Assets
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11900000
CY2014 us-gaap Amortization Of Intangible Assets
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1100000
CY2013 us-gaap Amortization Of Intangible Assets
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400000
CY2015 us-gaap Impairment Of Intangible Assets Excluding Goodwill
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1400000
CY2015Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
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22495000
CY2015Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
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20652000
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19504000
CY2015Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
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18457000
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15274000
CY2015Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
75747000
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172129000
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120138000
CY2014Q4 us-gaap Employee Related Liabilities Current
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18974000
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29054000
CY2014Q4 us-gaap Taxes Payable Current
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9168000
CY2015Q4 us-gaap Self Insurance Reserve Current
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35240000
CY2014Q4 us-gaap Self Insurance Reserve Current
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10386000
CY2015Q4 us-gaap Interest Payable Current
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33712000
CY2014Q4 us-gaap Interest Payable Current
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2329000
CY2015Q4 us-gaap Restructuring Reserve Current
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5228000
CY2014Q4 us-gaap Restructuring Reserve Current
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1646000
CY2015Q4 bldr Accrued Liabilities Related To Casualty Claims In Excess Of Retained Loss Limit Current
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8845000
CY2014Q4 bldr Accrued Liabilities Related To Casualty Claims In Excess Of Retained Loss Limit Current
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11335000
CY2015Q4 bldr Customer Obligations
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38173000
CY2014Q4 bldr Customer Obligations
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6105000
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23515000
CY2014Q4 us-gaap Other Accrued Liabilities Current
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7723000
CY2015Q4 bldr Lease Finance Obligation
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280909000
CY2014Q4 bldr Lease Finance Obligation
LeaseFinanceObligation
3904000
CY2015Q4 bldr Capital Lease Obligations Gross
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8159000
CY2015Q4 bldr Long Term Debt And Lease Obligations Gross
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1997693000
CY2014Q4 bldr Long Term Debt And Lease Obligations Gross
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383904000
CY2015Q4 bldr Unamortized Discount And Debt Issuance Costs
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46022000
CY2014Q4 bldr Unamortized Discount And Debt Issuance Costs
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9001000
CY2015Q4 bldr Debt And Lease Obligations
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1951671000
CY2014Q4 bldr Debt And Lease Obligations
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374903000
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39500000
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6800000
CY2013Q2 us-gaap Write Off Of Deferred Debt Issuance Cost
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2100000
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1600000
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2.50
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15600000
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CY2015Q4 bldr Debt And Equity Issuance Costs
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65000000
CY2015 us-gaap Debt Related Commitment Fees And Debt Issuance Costs
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13200000
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5500000
CY2015Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
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5500000
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5500000
CY2015Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
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5500000
CY2015Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
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65500000
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1621125000
CY2015Q4 us-gaap Debt Instrument Carrying Amount
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1708625000
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700000
CY2015 bldr Payments Of Lease Finance Obligation
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9700000
CY2015 bldr Capital Leases Final Expiration Year
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2020
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CY2015Q4 us-gaap Capital Leases Future Minimum Payments Due In Two Years
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624000
CY2015Q4 us-gaap Capital Leases Future Minimum Payments Due In Three Years
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296000
CY2015Q4 us-gaap Capital Leases Future Minimum Payments Due In Four Years
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296000
CY2015Q4 us-gaap Capital Leases Future Minimum Payments Due In Five Years
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167000
CY2015Q4 us-gaap Capital Leases Future Minimum Payments Due
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CY2015Q4 us-gaap Capital Leases Future Minimum Payments Interest Included In Payments
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404000
CY2015Q4 us-gaap Capital Leases Future Minimum Payments Present Value Of Net Minimum Payments
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8159000
CY2015Q4 us-gaap Capital Lease Obligations Current
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6876000
CY2015Q4 us-gaap Capital Lease Obligations Noncurrent
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1283000
CY2014Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
6246000
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2000
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2800000
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1400000
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500000
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P5Y9M18D
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1800000
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3.15
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6200000
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6900000
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6200000
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4200000
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CY2013 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
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446000
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CY2014Q4 us-gaap Deferred Income Tax Liabilities
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CY2015 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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CY2013 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
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CY2015 us-gaap Income Tax Effects Allocated Directly To Equity Employee Stock Options
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15900000
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CY2015 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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CY2014 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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CY2013 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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CY2013Q4 us-gaap Deferred Tax Assets Valuation Allowance
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131000
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178000
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6259000
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3452000
CY2013 bldr Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance Deductions
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0
CY2014 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
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0
CY2013 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
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0
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300000
CY2014Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
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300000
CY2014Q4 us-gaap Unrecognized Tax Benefits
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378000
CY2013Q4 us-gaap Unrecognized Tax Benefits
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950000
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2000
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6500000
CY2014 us-gaap Defined Contribution Plan Cost Recognized
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400000
CY2013 us-gaap Defined Contribution Plan Cost Recognized
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400000
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100000
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CY2015Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
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0.00
CY2015Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.00
CY2015Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.00
CY2015Q4 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.00
CY2015Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.07
CY2015Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.03
CY2015Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.08
CY2015Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.10
CY2014Q1 us-gaap Sales Revenue Net
SalesRevenueNet
345909000
CY2014Q2 us-gaap Sales Revenue Net
SalesRevenueNet
426543000
CY2014Q3 us-gaap Sales Revenue Net
SalesRevenueNet
434907000
CY2014Q4 us-gaap Sales Revenue Net
SalesRevenueNet
396737000
CY2014Q1 us-gaap Gross Profit
GrossProfit
74915000
CY2014Q2 us-gaap Gross Profit
GrossProfit
93799000
CY2014Q3 us-gaap Gross Profit
GrossProfit
97647000
CY2014Q4 us-gaap Gross Profit
GrossProfit
90636000
CY2014Q1 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-3312000
CY2014Q2 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
10620000
CY2014Q3 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
8739000
CY2014Q4 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
2511000
CY2014Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
-72000
CY2014Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
-11000
CY2014Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
-235000
CY2014Q4 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
-90000
CY2014Q1 us-gaap Net Income Loss
NetIncomeLoss
-3384000
CY2014Q1 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-0.03
CY2014Q2 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.11
CY2014Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.09
CY2014Q4 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.02
CY2014Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.00
CY2014Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.00
CY2014Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.00
CY2014Q4 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.00
CY2014Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.03
CY2014Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.11
CY2014Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.09
CY2014Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.02
CY2014Q1 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-0.03
CY2014Q2 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.09
CY2014Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.07
CY2014Q4 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.02
CY2014Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.00
CY2014Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.00
CY2014Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.00
CY2014Q4 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.00
CY2014Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.03
CY2014Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.09
CY2014Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.07
CY2014Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.02
CY2015Q1 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
200000
CY2015Q2 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
4700000
CY2014Q1 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
1200000
CY2014Q2 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
-1200000
CY2014Q3 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
-1300000
CY2014Q4 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
900000
CY2015Q1 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
3100000
CY2015Q2 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
-1300000
CY2015Q3 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
1100000
CY2015Q4 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
6800000
CY2014Q1 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
1000000
CY2014Q2 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
-4100000
CY2014Q3 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
-3300000
CY2014Q4 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
-900000
CY2014Q3 us-gaap Business Exit Costs1
BusinessExitCosts1
100000
CY2014Q4 us-gaap Business Exit Costs1
BusinessExitCosts1
200000
CY2015Q1 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
5500000
CY2015Q2 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
6400000
CY2015Q3 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
8800000
CY2015Q4 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
200000
CY2015Q3 us-gaap Debt Related Commitment Fees And Debt Issuance Costs
DebtRelatedCommitmentFeesAndDebtIssuanceCosts
13200000

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