2016 Q2 Form 10-Q Financial Statement
#000156459017016641 Filed on August 09, 2017
Income Statement
| Concept | 2016 Q2 |
|---|---|
| Revenue | $3.208B |
| YoY Change | 34.18% |
| Cost Of Revenue | $27.18M |
| YoY Change | -98.17% |
| Gross Profit | $3.180B |
| YoY Change | 252.38% |
| Gross Profit Margin | 99.15% |
| Selling, General & Admin | $680.4M |
| YoY Change | 11.5% |
| % of Gross Profit | 21.39% |
| Research & Development | |
| YoY Change | |
| % of Gross Profit | |
| Depreciation & Amortization | $90.30M |
| YoY Change | 27.72% |
| % of Gross Profit | 2.84% |
| Operating Expenses | $680.4M |
| YoY Change | 11.52% |
| Operating Profit | $182.6M |
| YoY Change | -20.18% |
| Interest Expense | $36.99M |
| YoY Change | 41.42% |
| % of Operating Profit | 20.26% |
| Other Income/Expense, Net | $3.882M |
| YoY Change | -463.14% |
| Pretax Income | $187.5M |
| YoY Change | -10.56% |
| Income Tax | $64.04M |
| % Of Pretax Income | 34.16% |
| Net Earnings | $121.7M |
| YoY Change | -2.69% |
| Net Earnings / Revenue | 3.79% |
| Basic Earnings Per Share | $0.36 |
| Diluted Earnings Per Share | $0.36 |
| COMMON SHARES | |
| Basic Shares Outstanding | 335.1M shares |
| Diluted Shares Outstanding | 338.1M shares |
Balance Sheet
| Concept | 2016 Q2 |
|---|---|
| SHORT-TERM ASSETS | |
| Cash & Short-Term Investments | $432.0M |
| YoY Change | 6.4% |
| Cash & Equivalents | $431.8M |
| Short-Term Investments | |
| Other Short-Term Assets | $230.8M |
| YoY Change | 121.52% |
| Inventory | |
| Prepaid Expenses | $199.3M |
| Receivables | $2.373B |
| Other Receivables | $941.0M |
| Total Short-Term Assets | $4.246B |
| YoY Change | 27.02% |
| LONG-TERM ASSETS | |
| Property, Plant & Equipment | $533.6M |
| YoY Change | 10.24% |
| Goodwill | $3.061B |
| YoY Change | 32.29% |
| Intangibles | $1.396B |
| YoY Change | 73.21% |
| Long-Term Investments | $226.7M |
| YoY Change | -19.31% |
| Other Assets | $351.2M |
| YoY Change | 77.73% |
| Total Long-Term Assets | $5.676B |
| YoY Change | 37.87% |
| TOTAL ASSETS | |
| Total Short-Term Assets | $4.246B |
| Total Long-Term Assets | $5.676B |
| Total Assets | $9.923B |
| YoY Change | 33.01% |
| SHORT-TERM LIABILITIES | |
| YoY Change | |
| Accounts Payable | $1.382B |
| YoY Change | 80.65% |
| Accrued Expenses | $1.231B |
| YoY Change | 23.22% |
| Deferred Revenue | |
| YoY Change | |
| Short-Term Debt | $995.3M |
| YoY Change | 33.69% |
| Long-Term Debt Due | $42.55M |
| YoY Change | 206.22% |
| Total Short-Term Liabilities | $3.743B |
| YoY Change | 44.24% |
| LONG-TERM LIABILITIES | |
| Long-Term Debt | $2.625B |
| YoY Change | 53.4% |
| Other Long-Term Liabilities | $476.5M |
| YoY Change | 48.72% |
| Total Long-Term Liabilities | $3.101B |
| YoY Change | 52.66% |
| TOTAL LIABILITIES | |
| Total Short-Term Liabilities | $3.743B |
| Total Long-Term Liabilities | $3.101B |
| Total Liabilities | $7.019B |
| YoY Change | 41.6% |
| SHAREHOLDERS EQUITY | |
| Retained Earnings | $2.292B |
| YoY Change | 30.3% |
| Common Stock | $1.135B |
| YoY Change | 5.97% |
| Preferred Stock | |
| YoY Change | |
| Treasury Stock (at cost) | |
| YoY Change | |
| Treasury Stock Shares | |
| Shareholders Equity | $2.855B |
| YoY Change | |
| Total Liabilities & Shareholders Equity | $9.923B |
| YoY Change | 33.01% |
Cashflow Statement
| Concept | 2016 Q2 |
|---|---|
| OPERATING ACTIVITIES | |
| Net Income | $121.7M |
| YoY Change | -2.69% |
| Depreciation, Depletion And Amortization | $90.30M |
| YoY Change | 27.72% |
| Cash From Operating Activities | $118.6M |
| YoY Change | -13.87% |
| INVESTING ACTIVITIES | |
| Capital Expenditures | -$45.60M |
| YoY Change | 43.4% |
| Acquisitions | |
| YoY Change | |
| Other Investing Activities | $4.700M |
| YoY Change | -114.6% |
| Cash From Investing Activities | -$40.80M |
| YoY Change | -36.25% |
| FINANCING ACTIVITIES | |
| Cash Dividend Paid | |
| YoY Change | |
| Common Stock Issuance & Retirement, Net | |
| YoY Change | |
| Debt Paid & Issued, Net | |
| YoY Change | |
| Cash From Financing Activities | -130.8M |
| YoY Change | 8.91% |
| NET CHANGE | |
| Cash From Operating Activities | 118.6M |
| Cash From Investing Activities | -40.80M |
| Cash From Financing Activities | -130.8M |
| Net Change In Cash | -53.00M |
| YoY Change | 14.22% |
| FREE CASH FLOW | |
| Cash From Operating Activities | $118.6M |
| Capital Expenditures | -$45.60M |
| Free Cash Flow | $164.2M |
| YoY Change | -3.13% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2017Q2 | us-gaap |
Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
|
-1380000 | |
| CY2017Q2 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
3186000 | |
| CY2017Q2 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
1427000 | |
| CY2017Q2 | us-gaap |
Interest Expense
InterestExpense
|
35430000 | |
| CY2017Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
266758000 | |
| CY2017Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
197165000 | |
| CY2017Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.59 | |
| CY2017Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
336975149 | |
| CY2017Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.58 | |
| CY2017Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
340882603 | |
| CY2017Q2 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
88347000 | |
| CY2017Q2 | us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
-217000 | |
| CY2017Q2 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
977000 | |
| CY2017Q2 | us-gaap |
Other Comprehensive Income Other Net Of Tax
OtherComprehensiveIncomeOtherNetOfTax
|
-10000 | |
| us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
4926000 | ||
| CY2017Q2 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
90477000 | |
| CY2017Q2 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
288873000 | |
| CY2017Q2 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
1390000 | |
| CY2017Q2 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
287483000 | |
| us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
4912000 | ||
| us-gaap |
Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
|
80893000 | ||
| us-gaap |
Gain Loss On Investments
GainLossOnInvestments
|
7301000 | ||
| us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
5578000 | ||
| us-gaap |
Share Based Compensation
ShareBasedCompensation
|
48283000 | ||
| us-gaap |
Share Based Compensation
ShareBasedCompensation
|
28554000 | ||
| us-gaap |
Proceeds From Sale Of Mortgage Loans Held For Sale
ProceedsFromSaleOfMortgageLoansHeldForSale
|
7071928000 | ||
| us-gaap |
Proceeds From Sale Of Mortgage Loans Held For Sale
ProceedsFromSaleOfMortgageLoansHeldForSale
|
6748833000 | ||
| us-gaap |
Payments For Origination Of Mortgage Loans Held For Sale
PaymentsForOriginationOfMortgageLoansHeldForSale
|
6848102000 | ||
| us-gaap |
Payments For Origination Of Mortgage Loans Held For Sale
PaymentsForOriginationOfMortgageLoansHeldForSale
|
5821981000 | ||
| cbg |
Increase Decrease In Warehouse Lines Of Credit
IncreaseDecreaseInWarehouseLinesOfCredit
|
199683000 | ||
| cbg |
Increase Decrease In Warehouse Lines Of Credit
IncreaseDecreaseInWarehouseLinesOfCredit
|
911486000 | ||
| us-gaap |
Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
|
12981000 | ||
| us-gaap |
Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
|
14544000 | ||
| us-gaap |
Payments For Proceeds From Tenant Allowance
PaymentsForProceedsFromTenantAllowance
|
-7436000 | ||
| us-gaap |
Payments For Proceeds From Tenant Allowance
PaymentsForProceedsFromTenantAllowance
|
-2339000 | ||
| us-gaap |
Payments For Purchase Of Securities Operating Activities
PaymentsForPurchaseOfSecuritiesOperatingActivities
|
43525000 | ||
| us-gaap |
Payments For Purchase Of Securities Operating Activities
PaymentsForPurchaseOfSecuritiesOperatingActivities
|
57985000 | ||
| us-gaap |
Proceeds From Sale Of Securities Operating Activities
ProceedsFromSaleOfSecuritiesOperatingActivities
|
34476000 | ||
| us-gaap |
Proceeds From Sale Of Securities Operating Activities
ProceedsFromSaleOfSecuritiesOperatingActivities
|
62497000 | ||
| us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-60947000 | ||
| us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-71666000 | ||
| us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
88576000 | ||
| us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
74672000 | ||
| cbg |
Increase Decrease In Real Estate Held For Sale And Under Development
IncreaseDecreaseInRealEstateHeldForSaleAndUnderDevelopment
|
-9787000 | ||
| cbg |
Increase Decrease In Real Estate Held For Sale And Under Development
IncreaseDecreaseInRealEstateHeldForSaleAndUnderDevelopment
|
-4440000 | ||
| us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-55029000 | ||
| us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-111699000 | ||
| us-gaap |
Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
|
-487997000 | ||
| us-gaap |
Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
|
-332454000 | ||
| us-gaap |
Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
|
47384000 | ||
| us-gaap |
Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
|
53095000 | ||
| us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
-7067000 | ||
| us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
21122000 | ||
| us-gaap |
Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
|
15428000 | ||
| us-gaap |
Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
|
23386000 | ||
| us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
-190737000 | ||
| us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
-210017000 | ||
| us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
59863000 | ||
| us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
79058000 | ||
| us-gaap |
Payments To Acquire Business Two Net Of Cash Acquired
PaymentsToAcquireBusinessTwoNetOfCashAcquired
|
40452000 | ||
| us-gaap |
Payments To Acquire Business Two Net Of Cash Acquired
PaymentsToAcquireBusinessTwoNetOfCashAcquired
|
16569000 | ||
| us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
21900000 | ||
| us-gaap |
Payments To Acquire Interest In Joint Venture
PaymentsToAcquireInterestInJointVenture
|
32660000 | ||
| us-gaap |
Payments To Acquire Interest In Joint Venture
PaymentsToAcquireInterestInJointVenture
|
27431000 | ||
| us-gaap |
Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
|
96941000 | ||
| us-gaap |
Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
|
93912000 | ||
| us-gaap |
Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
|
3022000 | ||
| us-gaap |
Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
|
478000 | ||
| us-gaap |
Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
|
19734000 | ||
| us-gaap |
Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
|
23984000 | ||
| us-gaap |
Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
|
17277000 | ||
| us-gaap |
Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
|
22061000 | ||
| us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
-2608000 | ||
| us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
-13929000 | ||
| us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-38905000 | ||
| us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-39518000 | ||
| us-gaap |
Repayments Of Secured Debt
RepaymentsOfSecuredDebt
|
14375000 | ||
| us-gaap |
Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
|
911000000 | ||
| us-gaap |
Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
|
1356000000 | ||
| us-gaap |
Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
|
911000000 | ||
| us-gaap |
Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
|
1200000000 | ||
| cbg |
Proceeds From Notes Payable On Real Estate Held For Sale And Under Development
ProceedsFromNotesPayableOnRealEstateHeldForSaleAndUnderDevelopment
|
2137000 | ||
| cbg |
Proceeds From Notes Payable On Real Estate Held For Sale And Under Development
ProceedsFromNotesPayableOnRealEstateHeldForSaleAndUnderDevelopment
|
13315000 | ||
| cbg |
Repayment Of Notes Payable On Real Estate Held For Sale And Under Development
RepaymentOfNotesPayableOnRealEstateHeldForSaleAndUnderDevelopment
|
9189000 | ||
| cbg |
Repayment Of Notes Payable On Real Estate Held For Sale And Under Development
RepaymentOfNotesPayableOnRealEstateHeldForSaleAndUnderDevelopment
|
4102000 | ||
| us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
1900000 | ||
| us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
5112000 | ||
| us-gaap |
Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
|
1941000 | ||
| us-gaap |
Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
|
821000 | ||
| us-gaap |
Payments To Minority Shareholders
PaymentsToMinorityShareholders
|
3904000 | ||
| us-gaap |
Payments To Minority Shareholders
PaymentsToMinorityShareholders
|
3517000 | ||
| us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
5529000 | ||
| us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
-3666000 | ||
| us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
3987000 | ||
| us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
-14581000 | ||
| us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
141488000 | ||
| us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
17328000 | ||
| us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
-588000 | ||
| us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-226895000 | ||
| us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-108635000 | ||
| CY2015Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
540403000 | |
| CY2016Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
431768000 | |
| us-gaap |
Interest Paid
InterestPaid
|
59490000 | ||
| us-gaap |
Interest Paid
InterestPaid
|
63420000 | ||
| us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
163885000 | ||
| us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
160353000 | ||
| us-gaap |
Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
|
7589000 | ||
| us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
48283000 | ||
| us-gaap |
Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
|
1900000 | ||
| cbg |
Minority Interest Increase From Contributions From Noncontrolling Interest Holders
MinorityInterestIncreaseFromContributionsFromNoncontrollingInterestHolders
|
1941000 | ||
| us-gaap |
Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
3904000 | ||
| us-gaap |
Stockholders Equity Other
StockholdersEquityOther
|
428000 | ||
| us-gaap |
Basis Of Accounting
BasisOfAccounting
|
<div> <div align="left"> <table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse; width:100%;"> <tr> <td valign="top" style="width:5.24%;white-space:nowrap"> <p style="text-align:justify;margin-top:12pt;margin-bottom:0pt;font-weight:bold;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;"><font style="font-weight:bold;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">1.</font></p></td> <td valign="top"> <p style="text-align:justify;margin-top:12pt;margin-bottom:0pt;font-weight:bold;font-style:normal;text-transform:none;font-variant: normal;font-family:Times New Roman;font-size:10pt;">Basis of Presentation</p></td></tr></table></div> <p style="text-align:justify;margin-top:6pt;margin-bottom:0pt;text-indent:5.24%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Readers of this Quarterly Report on Form 10-Q (Quarterly Report) should refer to the audited financial statements and notes to consolidated financial statements of CBRE Group, Inc., a Delaware corporation (which may be referred to in these financial statements as the “company,” “we,” “us” and “our”), for the year ended December 31, 2016, which are included in our 2016 Annual Report on Form 10-K (2016 Annual Report), filed with the United States Securities and Exchange Commission (SEC) and also available on our website (<font style="text-decoration:underline;">www.cbre.com</font>), since we have omitted from this Quarterly Report certain footnote disclosures which would substantially duplicate those contained in such audited financial statements. You should also refer to Note 2, Significant Accounting Policies, in the notes to consolidated financial statements in our 2016 Annual Report for further discussion of our significant accounting policies and estimates.</p> <p style="text-align:justify;margin-top:12pt;margin-bottom:0pt;text-indent:5.24%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The accompanying consolidated financial statements have been prepared in accordance with the rules applicable to quarterly reports on Form 10-Q and include all information and footnotes required for interim financial statement presentation, but do not include all disclosures required under accounting principles generally accepted in the United States (GAAP) for annual financial statements. In our opinion, all adjustments (consisting of normal recurring adjustments, except as otherwise noted) considered necessary for a fair presentation have been included. The preparation of financial statements in conformity with GAAP requires us to make estimates and assumptions about future events. These estimates and the underlying assumptions affect the amounts of assets and liabilities reported, and reported amounts of revenue and expenses. Such estimates include the value of goodwill, intangibles and other long-lived assets, real estate assets, accounts receivable, investments in unconsolidated subsidiaries and assumptions used in the calculation of income taxes, retirement and other post-employment benefits, among others. These estimates and assumptions are based on our best judgment. We evaluate our estimates and assumptions on an ongoing basis using historical experience and other factors, including consideration of the current economic environment, and adjust such estimates and assumptions when facts and circumstances dictate. As future events and their effects cannot be determined with precision, actual results could differ significantly from these estimates. Changes in these estimates resulting from continuing changes in the economic environment will be reflected in the financial statements in future periods. </p> <p style="text-align:justify;margin-top:12pt;margin-bottom:0pt;text-indent:5.24%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Certain reclassifications have been made to the 2016 financial statements to conform with the 2017 presentation.</p> <p style="text-align:justify;margin-top:12pt;margin-bottom:0pt;text-indent:5.24%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The results of operations for the three and six months ended June 30, 2017 are not necessarily indicative of the results of operations to be expected for the year ending December 31, 2017.</p></div> | ||
| us-gaap |
Description Of New Accounting Pronouncements Not Yet Adopted
DescriptionOfNewAccountingPronouncementsNotYetAdopted
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<div> <div align="left"> <table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse; width:100%;"> <tr> <td valign="top" style="width:5.24%;white-space:nowrap"> <p style="text-align:justify;margin-top:18pt;margin-bottom:0pt;font-weight:bold;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;"><font style="font-weight:bold;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">2.</font></p></td> <td valign="top"> <p style="text-align:justify;margin-top:18pt;margin-bottom:0pt;font-weight:bold;font-style:normal;text-transform:none;font-variant: normal;font-family:Times New Roman;font-size:10pt;">New Accounting Pronouncements</p></td></tr></table></div> <p style="text-align:justify;margin-top:6pt;margin-bottom:0pt;margin-left:5.24%;text-indent:0%;font-weight:bold;font-style:italic;font-family:Times New Roman;font-size:10pt;text-transform:none;font-variant: normal;">Recently Adopted Accounting Pronouncements</p> <p style="text-align:justify;margin-top:6pt;margin-bottom:0pt;text-indent:5.24%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">In May 2017, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2017-09, <font style="font-style:italic;">“Compensation—Stock Compensation (Topic 718): Scope of Modification Accounting.”</font> This ASU provides guidance on determining which changes to the terms and conditions of share-based payment awards require an entity to apply modification accounting under Topic 718. This ASU is effective for fiscal years beginning after December 15, 2018, and interim periods within those years, with early adoption permitted. We elected to early adopt ASU 2017-09 in the second quarter of 2017 and the adoption did not have a material impact on our consolidated financial statements and related disclosures.</p> <p style="text-align:justify;margin-top:18pt;margin-bottom:0pt;margin-left:5.24%;text-indent:0%;font-weight:bold;font-style:italic;font-family:Times New Roman;font-size:10pt;text-transform:none;font-variant: normal;">Recent Accounting Pronouncements Pending Adoption</p> <p style="text-align:justify;margin-top:6pt;margin-bottom:0pt;text-indent:5.24%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The FASB has recently issued five ASUs related to revenue recognition (“new revenue recognition guidance”), all of which will become effective for the company on January 1, 2018.  The ASUs issued are: (1) in May 2014, ASU 2014-09, <font style="font-style:italic;">“Revenue from Contracts with Customers (Topic 606);” </font>(2) i<font style="color:#000000;">n March 2016, ASU 2016-08, </font><font style="font-style:italic;color:#000000;">“Revenue from Contracts with Customers (Topic 606): Principal versus Agent Considerations (Reporting Revenue Gross versus Net);” </font><font style="color:#000000;">(3) in</font> April 2016, ASU 2016-10, <font style="font-style:italic;">“</font><font style="font-style:italic;color:#000000;">Revenue from Contracts with Customers (Topic 606): Identifying Performance Obligations and Licensing;” </font><font style="color:#000000;">(4) in</font> May 2016, ASU 2016-12, <font style="font-style:italic;">“</font><font style="font-style:italic;color:#000000;">Revenue from Contracts with Customers (Topic 606): Narrow-scope Improvements and Practical Expedients;” </font><font style="color:#000000;">and (5) in December 2016, ASU 2016-20, </font><font style="font-style:italic;color:#000000;">“Technical Corrections and Improvements to Topic 606, Revenue From Contracts with Customers.”  </font>ASU 2014-09 requires an entity to recognize the amount of revenue to which it expects to be entitled for the transfer of promised goods or services to customers and will replace most existing revenue recognition guidance under GAAP.  This ASU permits the use of either the retrospective or cumulative effect transition method.  <font style="color:#000000;">ASU 2016-08 clarifies the implementation guidance on principal versus agent considerations.  </font>ASU 2016-10<font style="color:#000000;"> clarifies guidance related to identifying performance obligations and licensing implementation guidance contained in ASU 2014-09.  </font>ASU 2016-12<font style="color:#000000;"> clarifies guidance in certain narrow areas and adds some practical expedients.  </font>ASU 2016-20 also clarifies guidance in certain narrow areas and adds optional exemptions to certain disclosure requirements. </p> <p style="text-align:justify;margin-top:12pt;margin-bottom:0pt;text-indent:5.24%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">We plan to adopt the new revenue recognition guidance in the first quarter of 2018 using the retrospective transition method. We continue to evaluate the impact that adoption of these updates will have on our consolidated financial statements and related disclosures. Based on our initial assessment, the impact of the application of the new revenue recognition guidance will likely result in an acceleration of some revenues that are based, in part, on future contingent events. For example, some brokerage revenues from leasing commissions in various countries where we operate will get recognized earlier. Under current GAAP, a portion of these commissions are deferred until a future contingency is resolved (e.g., tenant move-in or payment of first month’s rent). Under the new revenue guidance, the company’s performance obligation will be typically satisfied at lease signing and therefore the portion of the commission that is contingent on a future event will likely be recognized earlier if deemed not subject to significant reversal. We continue to evaluate the impact of updated principal versus agent guidance on our consolidated financial statements in relation to third-party costs which are billed to clients in association with facilities management and project management services. While our assessment is still ongoing, we anticipate that a significant amount of additional contracts will be accounted for on a gross basis, resulting in a significant gross up of third-party costs as compared to our current presentation, with no impact on profitability. This is driven by a change in the indicators used to assess if we control these third-party service providers. </p> <p style="text-align:justify;margin-top:12pt;margin-bottom:0pt;text-indent:5.24%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">In January 2016, the FASB issued ASU 2016-01, <font style="font-style:italic;">“Financial Instruments – Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities.”</font> This ASU will significantly change the income statement impact of equity investments and the recognition of changes in fair value of financial liabilities when the fair value option is elected. This ASU is effective for fiscal years, and interim periods within those years, beginning after December 15, 2017. Early adoption is not permitted, except for the provisions related to the recognition of changes in fair value of financial liabilities when the fair value option is elected. We do not believe the adoption of ASU 2016-01 will have a material impact on our consolidated financial statements and related disclosures.</p> <p style="text-align:justify;margin-top:12pt;margin-bottom:0pt;text-indent:5.24%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">In February 2016, the FASB issued ASU 2016-02, “<font style="font-style:italic;">Leases (Topic 842)</font>.”  This ASU requires lessees to recognize most leases on the balance sheet as liabilities, with corresponding right-of-use assets.  For income statement recognition purposes, leases will be classified as either a finance or operating lease in a manner similar to the requirements under the current lease accounting literature, but without relying upon the bright-line tests.  This ASU is effective for annual periods in fiscal years beginning after December 15, 2018 and mandates a modified retrospective transition method for all entities.  We plan to adopt ASU 2016-02 in the first quarter of 2019 and are currently evaluating the magnitude of its impact on our consolidated financial statements by reviewing our existing lease contracts and service contracts that may include embedded leases. </p> <p style="text-align:justify;margin-top:12pt;margin-bottom:0pt;text-indent:5.24%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">In June 2016, the FASB issued ASU 2016-13, <font style="font-style:italic;">“Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments.”</font> This ASU is intended to improve financial reporting by requiring timelier recording of credit losses on loans and other financial instruments held by financial institutions and other organizations. This ASU is effective for fiscal years beginning after December 15, 2019, and interim periods within those years, with early adoption permitted. We are evaluating the effect that ASU 2016-13 will have on our consolidated financial statements and related disclosures.</p> <p style="text-align:justify;margin-top:12pt;margin-bottom:0pt;text-indent:5.24%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">In August 2016, the FASB issued ASU 2016-15, <font style="font-style:italic;">“Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments.”</font> This ASU addresses eight specific cash flow issues with the objective of reducing the existing diversity in practice. This ASU is effective for fiscal years beginning after December 15, 2017, and interim periods within those years, with early adoption permitted. At this point in time, we do not believe the adoption of ASU 2016-15 will have a material impact on our consolidated financial statements and related disclosures.</p> <p style="text-align:justify;margin-top:12pt;margin-bottom:0pt;text-indent:5.24%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">In October 2016, the FASB issued ASU 2016-16, <font style="font-style:italic;">“Income Taxes (Topic 740): Intra-Entity Transfers of Assets Other Than Inventory.”</font> This ASU requires an entity to recognize the income tax consequences of an intra-entity transfer of an asset other than inventory when the transfer occurs. This ASU is effective for fiscal years beginning after December 15, 2017, and interim periods within those years, with early adoption permitted. At this point in time, we do not believe the adoption of ASU 2016-16 will have a material impact on our consolidated financial statements and related disclosures.</p> <p style="text-align:justify;margin-top:12pt;margin-bottom:0pt;text-indent:5.24%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">In November 2016, the FASB issued ASU 2016-18, <font style="font-style:italic;">“Statement of Cash Flows (Topic 230): Restricted Cash.”</font> This ASU requires that a statement of cash flows explain the change during the period in the total of cash, cash equivalents, and amounts generally described as restricted cash or restricted cash equivalents. As a result, amounts generally described as restricted cash and restricted cash equivalents should be included with cash and cash equivalents when reconciling the beginning-of-period and end-of-period total amounts shown on the statement of cash flows. This ASU is effective for fiscal years beginning after December 15, 2017, and interim periods within those years, with early adoption permitted. At this point in time, we do not believe the adoption of ASU 2016-18 will have a material impact on our consolidated financial statements and related disclosures.</p> <p style="text-align:justify;margin-top:12pt;margin-bottom:0pt;text-indent:5.24%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">In January 2017, the FASB issued ASU 2017-04, <font style="font-style:italic;">“Intangibles – Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment.”</font> This ASU eliminates Step 2 from the goodwill impairment test. This ASU also eliminates the requirements for any reporting unit with a zero or negative carrying amount to perform a qualitative assessment. This ASU is effective for fiscal years beginning after December 15, 2019, and interim periods within those years, with early adoption permitted. We are evaluating the effect that ASU 2017-04 will have on our goodwill assessment process, but do not believe the adoption of ASU 2017-04 will have a material impact on our consolidated financial statements and related disclosures.</p> <p style="text-align:justify;margin-top:12pt;margin-bottom:0pt;text-indent:5.24%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">In February 2017, the FASB issued ASU 2017-05, <font style="font-style:italic;">“Other Income – Gains and Losses from the Derecognition of Nonfinancial Assets (Subtopic 610-20): Clarifying the Scope of Asset Derecognition Guidance and Accounting for Partial Sales of Nonfinancial Assets.”</font> This ASU clarifies that a financial asset is within the scope of Subtopic 610-20 if it meets the definition of an in substance nonfinancial asset and also defines the term in substance nonfinancial asset. This ASU is effective for fiscal years beginning after December 15, 2017, and interim periods within those years. At this point in time, we do not believe the adoption of ASU 2017-05 will have a material impact on our consolidated financial statements and related disclosures.</p> <p style="text-align:justify;margin-top:12pt;margin-bottom:0pt;text-indent:5.24%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">In March 2017, the FASB issued ASU 2017-08, <font style="font-style:italic;">“Receivables – Nonrefundable Fees and Other Costs (Subtopic 310-20), Premium Amortization on Purchased Callable Debt Securities.”</font> This ASU requires the premium to be amortized to the earliest call date. This ASU does not require an accounting change for securities held at a discount; the discount continues to be amortized to maturity. This ASU is effective for fiscal years beginning after December 15, 2018, and interim periods within those years, with early adoption permitted. We are evaluating the effect that ASU 2017-08 will have on our consolidated financial statements and related disclosures.</p> <p style="text-align:justify;margin-top:12pt;margin-bottom:0pt;text-indent:5.24%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">In July 2017, the FASB issued ASU 2017-11, <font style="font-style:italic;">“Earnings Per Share (Topic 260); Distinguishing Liabilities from Equity (Topic 480); Derivatives and Hedging (Topic 815): (Part I) Accounting for Certain Financial Instruments with Down Round Features, (Part II) Replacement of the Indefinite Deferral for Mandatorily Redeemable Financial Instruments of Certain Nonpublic Entities and Certain Mandatorily Redeemable Noncontrolling Interests with a Scope Exception.”</font> This ASU simplifies the accounting for certain financial instruments with down round features. This ASU is effective for fiscal years beginning after December 15, 2018, and interim periods within those years, with early adoption permitted. At this point in time, we do not believe the adoption of ASU 2017-11 will have a material impact on our consolidated financial statements and related disclosures.</p></div> | ||
| CY2017Q2 | us-gaap |
Fair Value Liabilities Level1 To Level2 Transfers Amount
FairValueLiabilitiesLevel1ToLevel2TransfersAmount
|
0 | |
| cbg |
Period Of Repayment For Warehouse Lines Of Credit
PeriodOfRepaymentForWarehouseLinesOfCredit
|
P1M | ||
| CY2016Q2 | us-gaap |
Fair Value Liabilities Level1 To Level2 Transfers Amount
FairValueLiabilitiesLevel1ToLevel2TransfersAmount
|
0 | |
| CY2016Q2 | us-gaap |
Fair Value Assets Level2 To Level1 Transfers Amount
FairValueAssetsLevel2ToLevel1TransfersAmount
|
0 | |
| us-gaap |
Gain Loss On Sales Of Mortgage Backed Securities Mbs
GainLossOnSalesOfMortgageBackedSecuritiesMBS
|
21460000 | ||
| cbg |
Sale Of Mortgage Loans Held For Sale
SaleOfMortgageLoansHeldForSale
|
7050468000 | ||
| us-gaap |
Proceeds From Collection Of Mortgage Loans Held For Sale
ProceedsFromCollectionOfMortgageLoansHeldForSale
|
21460000 | ||
| cbg |
Net Decrease In Mortgage Servicing Rights Included In Warehouse Receivables
NetDecreaseInMortgageServicingRightsIncludedInWarehouseReceivables
|
3792000 | ||
| CY2017Q2 | us-gaap |
Fair Value Assets Level1 To Level2 Transfers Amount
FairValueAssetsLevel1ToLevel2TransfersAmount
|
0 | |
| CY2016Q2 | us-gaap |
Fair Value Assets Level1 To Level2 Transfers Amount
FairValueAssetsLevel1ToLevel2TransfersAmount
|
0 | |
| CY2017Q2 | us-gaap |
Fair Value Assets Level2 To Level1 Transfers Amount
FairValueAssetsLevel2ToLevel1TransfersAmount
|
0 | |
| CY2017Q2 | us-gaap |
Fair Value Liabilities Level2 To Level1 Transfers Amount
FairValueLiabilitiesLevel2ToLevel1TransfersAmount
|
0 | |
| CY2016Q2 | us-gaap |
Fair Value Liabilities Level2 To Level1 Transfers Amount
FairValueLiabilitiesLevel2ToLevel1TransfersAmount
|
0 | |
| CY2017Q2 | us-gaap |
Assets Fair Value Disclosure Nonrecurring
AssetsFairValueDisclosureNonrecurring
|
0 | |
| CY2016Q2 | us-gaap |
Assets Fair Value Disclosure Nonrecurring
AssetsFairValueDisclosureNonrecurring
|
0 | |
| CY2017Q2 | us-gaap |
Liabilities Fair Value Disclosure Nonrecurring
LiabilitiesFairValueDisclosureNonrecurring
|
0 | |
| CY2016Q2 | us-gaap |
Liabilities Fair Value Disclosure Nonrecurring
LiabilitiesFairValueDisclosureNonrecurring
|
0 | |
| CY2017Q2 | us-gaap |
Equity Method Investment Summarized Financial Information Revenue
EquityMethodInvestmentSummarizedFinancialInformationRevenue
|
309529000 | |
| CY2016Q2 | us-gaap |
Equity Method Investment Summarized Financial Information Revenue
EquityMethodInvestmentSummarizedFinancialInformationRevenue
|
308982000 | |
| us-gaap |
Equity Method Investment Summarized Financial Information Revenue
EquityMethodInvestmentSummarizedFinancialInformationRevenue
|
624064000 | ||
| us-gaap |
Equity Method Investment Summarized Financial Information Revenue
EquityMethodInvestmentSummarizedFinancialInformationRevenue
|
582494000 | ||
| CY2017Q2 | cbg |
Equity Method Investment Summarized Financial Information Operating Profit Loss
EquityMethodInvestmentSummarizedFinancialInformationOperatingProfitLoss
|
242506000 | |
| CY2016Q2 | cbg |
Equity Method Investment Summarized Financial Information Operating Profit Loss
EquityMethodInvestmentSummarizedFinancialInformationOperatingProfitLoss
|
107060000 | |
| cbg |
Equity Method Investment Summarized Financial Information Operating Profit Loss
EquityMethodInvestmentSummarizedFinancialInformationOperatingProfitLoss
|
280724000 | ||
| cbg |
Equity Method Investment Summarized Financial Information Operating Profit Loss
EquityMethodInvestmentSummarizedFinancialInformationOperatingProfitLoss
|
234775000 | ||
| CY2017Q2 | us-gaap |
Equity Method Investment Summarized Financial Information Net Income Loss
EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss
|
221872000 | |
| CY2016Q2 | us-gaap |
Equity Method Investment Summarized Financial Information Net Income Loss
EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss
|
127554000 | |
| us-gaap |
Equity Method Investment Summarized Financial Information Net Income Loss
EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss
|
244207000 | ||
| us-gaap |
Equity Method Investment Summarized Financial Information Net Income Loss
EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss
|
230334000 | ||
| CY2017Q2 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
2574386000 | |
| CY2016Q4 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
2574301000 | |
| CY2017Q2 | us-gaap |
Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
|
23971000 | |
| CY2016Q4 | us-gaap |
Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
|
26164000 | |
| cbg |
Minimum Coverage Ratio Of Earnings Before Interest Tax Depreciation And Amortization To Interest Expense Expressed In Percentage
MinimumCoverageRatioOfEarningsBeforeInterestTaxDepreciationAndAmortizationToInterestExpenseExpressedInPercentage
|
2.00 | ||
| cbg |
Maximum Leverage Ratio Of Debt To Earnings Before Interest Tax Depreciation And Amortization Expressed In Percentage
MaximumLeverageRatioOfDebtToEarningsBeforeInterestTaxDepreciationAndAmortizationExpressedInPercentage
|
4.25 | ||
| CY2017Q2 | cbg |
Coverage Ratio Of Earnings Before Interest Tax Depreciation And Amortization To Interest Expense Expressed In Percentage
CoverageRatioOfEarningsBeforeInterestTaxDepreciationAndAmortizationToInterestExpenseExpressedInPercentage
|
13.70 | |
| CY2017Q2 | cbg |
Leverage Ratio Of Debt To Earnings Before Interest Tax Depreciation And Amortization Expressed In Percentage
LeverageRatioOfDebtToEarningsBeforeInterestTaxDepreciationAndAmortizationExpressedInPercentage
|
1.24 | |
| CY2017Q2 | cbg |
Loan Loss Sharing Reserve
LoanLossSharingReserve
|
30200000 | |
| CY2016Q4 | cbg |
Loan Loss Sharing Reserve
LoanLossSharingReserve
|
28200000 | |
| CY2017Q2 | cbg |
Assets Available For Recourse
AssetsAvailableForRecourse
|
593100000 | |
| CY2017Q2 | us-gaap |
Loans Receivable Mortgage Warehouse Lending
LoansReceivableMortgageWarehouseLending
|
364700000 | |
| CY2017Q2 | us-gaap |
Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
|
64200000 | |
| cbg |
Line Of Credit Facility Latest Expiration Date
LineOfCreditFacilityLatestExpirationDate
|
2018-06 | ||
| CY2017Q2 | cbg |
Guarantor Obligations Maximum Exposure Undiscounted
GuarantorObligationsMaximumExposureUndiscounted
|
57900000 | |
| CY2017Q2 | cbg |
Commitments To Investment In Future Real Estate Investment
CommitmentsToInvestmentInFutureRealEstateInvestment
|
23300000 | |
| CY2017Q2 | cbg |
Commitments To Investment In Unconsolidated Entity
CommitmentsToInvestmentInUnconsolidatedEntity
|
22800000 | |
| CY2017Q2 | us-gaap |
Incremental Common Shares Attributable To Contingently Issuable Shares
IncrementalCommonSharesAttributableToContingentlyIssuableShares
|
3905498 | |
| CY2016Q2 | us-gaap |
Incremental Common Shares Attributable To Contingently Issuable Shares
IncrementalCommonSharesAttributableToContingentlyIssuableShares
|
2976165 | |
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Incremental Common Shares Attributable To Contingently Issuable Shares
IncrementalCommonSharesAttributableToContingentlyIssuableShares
|
3267556 | ||
| us-gaap |
Incremental Common Shares Attributable To Contingently Issuable Shares
IncrementalCommonSharesAttributableToContingentlyIssuableShares
|
3226936 | ||
| CY2017Q2 | cbg |
Incremental Common Shares Attributable To Stock Options
IncrementalCommonSharesAttributableToStockOptions
|
1956 | |
| CY2016Q2 | cbg |
Incremental Common Shares Attributable To Stock Options
IncrementalCommonSharesAttributableToStockOptions
|
27730 | |
| cbg |
Incremental Common Shares Attributable To Stock Options
IncrementalCommonSharesAttributableToStockOptions
|
5009 | ||
| cbg |
Incremental Common Shares Attributable To Stock Options
IncrementalCommonSharesAttributableToStockOptions
|
36110 | ||
| CY2017Q2 | cbg |
Adjusted Earnings Before Interest Taxes Depreciation And Amortization
AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization
|
412549000 | |
| CY2016Q2 | cbg |
Adjusted Earnings Before Interest Taxes Depreciation And Amortization
AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization
|
360451000 | |
| cbg |
Adjusted Earnings Before Interest Taxes Depreciation And Amortization
AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization
|
715757000 | ||
| cbg |
Adjusted Earnings Before Interest Taxes Depreciation And Amortization
AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization
|
643134000 | ||
| CY2017Q2 | cbg |
Interest Income
InterestIncome
|
1427000 | |
| CY2016Q2 | cbg |
Interest Income
InterestIncome
|
3066000 | |
| cbg |
Interest Income
InterestIncome
|
3838000 | ||
| cbg |
Interest Income
InterestIncome
|
4525000 | ||
| CY2017Q2 | cbg |
Income Loss Before Net Interest Expense Write Off Of Financing Costs Income Taxes Depreciation And Amortization
IncomeLossBeforeNetInterestExpenseWriteOffOfFinancingCostsIncomeTaxesDepreciationAndAmortization
|
399916000 | |
| CY2016Q2 | cbg |
Income Loss Before Net Interest Expense Write Off Of Financing Costs Income Taxes Depreciation And Amortization
IncomeLossBeforeNetInterestExpenseWriteOffOfFinancingCostsIncomeTaxesDepreciationAndAmortization
|
309896000 | |
| cbg |
Income Loss Before Net Interest Expense Write Off Of Financing Costs Income Taxes Depreciation And Amortization
IncomeLossBeforeNetInterestExpenseWriteOffOfFinancingCostsIncomeTaxesDepreciationAndAmortization
|
706422000 | ||
| cbg |
Income Loss Before Net Interest Expense Write Off Of Financing Costs Income Taxes Depreciation And Amortization
IncomeLossBeforeNetInterestExpenseWriteOffOfFinancingCostsIncomeTaxesDepreciationAndAmortization
|
562513000 | ||
| CY2017Q2 | us-gaap |
Business Combination Integration Related Costs
BusinessCombinationIntegrationRelatedCosts
|
15408000 | |
| CY2016Q2 | us-gaap |
Business Combination Integration Related Costs
BusinessCombinationIntegrationRelatedCosts
|
27751000 | |
| us-gaap |
Business Combination Integration Related Costs
BusinessCombinationIntegrationRelatedCosts
|
27351000 | ||
| us-gaap |
Business Combination Integration Related Costs
BusinessCombinationIntegrationRelatedCosts
|
44924000 | ||
| CY2016Q2 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
27176000 | |
| us-gaap |
Cost Of Revenue
CostOfRevenue
|
39579000 | ||
| CY2017Q2 | cbg |
Carried Interest Incentive Compensation Reversal
CarriedInterestIncentiveCompensationReversal
|
2775000 | |
| CY2016Q2 | cbg |
Carried Interest Incentive Compensation Reversal
CarriedInterestIncentiveCompensationReversal
|
4372000 | |
| cbg |
Carried Interest Incentive Compensation Reversal
CarriedInterestIncentiveCompensationReversal
|
18016000 | ||
| cbg |
Carried Interest Incentive Compensation Reversal
CarriedInterestIncentiveCompensationReversal
|
3882000 | ||
| CY2016Q2 | us-gaap |
Severance Costs1
SeveranceCosts1
|
25100000 | |
| us-gaap |
Severance Costs1
SeveranceCosts1
|
36900000 | ||
| CY2016Q2 | cbg |
Contract Termination Costs
ContractTerminationCosts
|
2100000 | |
| cbg |
Contract Termination Costs
ContractTerminationCosts
|
2700000 | ||
| CY2017Q2 | us-gaap |
Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
|
246715000 | |
| CY2017Q2 | cbg |
Long Term Debt Excluding Loans Payable
LongTermDebtExcludingLoansPayable
|
2550404000 | |
| CY2016Q4 | us-gaap |
Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
|
232238000 | |
| CY2016Q4 | cbg |
Long Term Debt Excluding Loans Payable
LongTermDebtExcludingLoansPayable
|
2548126000 |
