2019 Q1 Form 10-Q Financial Statement
#000115752319001041 Filed on May 02, 2019
Income Statement
| Concept | 2019 Q1 | 2018 Q4 | 2018 Q1 |
|---|---|---|---|
| Revenue | $462.0M | $457.5M | $439.2M |
| YoY Change | 5.2% | 6.79% | 8.2% |
| Cost Of Revenue | $322.0M | $313.1M | $304.5M |
| YoY Change | 5.72% | 7.41% | 6.82% |
| Gross Profit | $140.1M | $144.5M | $134.6M |
| YoY Change | 4.04% | 5.55% | 11.55% |
| Gross Profit Margin | 30.32% | 31.58% | 30.66% |
| Selling, General & Admin | $74.03M | $69.30M | $69.00M |
| YoY Change | 7.29% | 0.73% | 6.65% |
| % of Gross Profit | 52.85% | 47.96% | 51.25% |
| Research & Development | |||
| YoY Change | |||
| % of Gross Profit | |||
| Depreciation & Amortization | $10.23M | $10.20M | $9.294M |
| YoY Change | 10.06% | 14.61% | 4.43% |
| % of Gross Profit | 7.3% | 7.06% | 6.9% |
| Operating Expenses | $74.03M | $79.30M | $69.00M |
| YoY Change | 7.29% | 2.06% | -7.38% |
| Operating Profit | $49.47M | $65.20M | $56.40M |
| YoY Change | -12.28% | 10.14% | 22.07% |
| Interest Expense | $1.124M | -$1.100M | $1.207M |
| YoY Change | -6.88% | 10.0% | -234.11% |
| % of Operating Profit | 2.27% | -1.69% | 2.14% |
| Other Income/Expense, Net | $2.439M | $0.00 | $0.00 |
| YoY Change | |||
| Pretax Income | $50.79M | $62.80M | $56.20M |
| YoY Change | -9.63% | 8.09% | 31.0% |
| Income Tax | $6.120M | $8.500M | $11.21M |
| % Of Pretax Income | 12.05% | 13.54% | 19.95% |
| Net Earnings | $44.67M | $54.30M | $45.00M |
| YoY Change | -0.73% | -0.55% | 50.99% |
| Net Earnings / Revenue | 9.67% | 11.87% | 10.25% |
| Basic Earnings Per Share | $2.80 | $2.79 | |
| Diluted Earnings Per Share | $2.70 | $3.251M | $2.66 |
| COMMON SHARES | |||
| Basic Shares Outstanding | 15.95M | 16.10M | |
| Diluted Shares Outstanding | 16.53M | 16.89M |
Balance Sheet
| Concept | 2019 Q1 | 2018 Q4 | 2018 Q1 |
|---|---|---|---|
| SHORT-TERM ASSETS | |||
| Cash & Short-Term Investments | $8.800M | $4.800M | $13.70M |
| YoY Change | -35.77% | -56.76% | -70.85% |
| Cash & Equivalents | $8.768M | $4.831M | $13.69M |
| Short-Term Investments | |||
| Other Short-Term Assets | $24.50M | $29.80M | $31.20M |
| YoY Change | -21.47% | -35.08% | 126.09% |
| Inventory | $6.315M | $5.705M | $5.300M |
| Prepaid Expenses | $19.15M | $19.15M | |
| Receivables | $119.6M | $119.5M | $111.3M |
| Other Receivables | $0.00 | $0.00 | $0.00 |
| Total Short-Term Assets | $159.2M | $159.8M | $161.5M |
| YoY Change | -1.45% | -9.21% | -8.24% |
| LONG-TERM ASSETS | |||
| Property, Plant & Equipment | $164.6M | $162.0M | $144.7M |
| YoY Change | 13.77% | 13.28% | 21.19% |
| Goodwill | $510.6M | $510.6M | |
| YoY Change | 7.06% | ||
| Intangibles | $67.87M | $68.25M | |
| YoY Change | 24.4% | ||
| Long-Term Investments | $70.60M | $65.60M | $66.20M |
| YoY Change | 6.65% | 5.64% | 16.96% |
| Other Assets | $9.138M | $9.209M | $7.200M |
| YoY Change | 26.92% | 29.21% | 4.35% |
| Total Long-Term Assets | $910.7M | $815.7M | $751.2M |
| YoY Change | 21.23% | 9.64% | 5.77% |
| TOTAL ASSETS | |||
| Total Short-Term Assets | $159.2M | $159.8M | $161.5M |
| Total Long-Term Assets | $910.7M | $815.7M | $751.2M |
| Total Assets | $1.070B | $975.5M | $912.7M |
| YoY Change | 17.22% | 6.03% | 2.99% |
| SHORT-TERM LIABILITIES | |||
| YoY Change | |||
| Accounts Payable | $39.74M | $50.15M | $34.00M |
| YoY Change | 16.87% | 3.68% | 16.04% |
| Accrued Expenses | $139.9M | $111.3M | $99.60M |
| YoY Change | 40.46% | -0.36% | 5.96% |
| Deferred Revenue | |||
| YoY Change | |||
| Short-Term Debt | $500.0K | $13.80M | $8.600M |
| YoY Change | -94.19% | -9.8% | |
| Long-Term Debt Due | $0.00 | $10.00M | |
| YoY Change | -100.0% | 6.38% | |
| Total Short-Term Liabilities | $217.1M | $191.7M | $177.3M |
| YoY Change | 22.45% | -0.96% | 7.85% |
| LONG-TERM LIABILITIES | |||
| Long-Term Debt | $100.0M | $89.20M | $132.5M |
| YoY Change | -24.53% | -2.19% | -3.64% |
| Other Long-Term Liabilities | $7.719M | $17.11M | $82.10M |
| YoY Change | -90.6% | 3.64% | 14.35% |
| Total Long-Term Liabilities | $107.7M | $106.3M | $214.6M |
| YoY Change | -49.8% | -1.3% | 2.53% |
| TOTAL LIABILITIES | |||
| Total Short-Term Liabilities | $217.1M | $191.7M | $177.3M |
| Total Long-Term Liabilities | $107.7M | $106.3M | $214.6M |
| Total Liabilities | $481.8M | $384.2M | $405.7M |
| YoY Change | 18.76% | 1.19% | 5.21% |
| SHAREHOLDERS EQUITY | |||
| Retained Earnings | $1.265B | $1.226B | |
| YoY Change | 17.97% | ||
| Common Stock | $839.2M | $809.7M | |
| YoY Change | 10.83% | ||
| Preferred Stock | |||
| YoY Change | |||
| Treasury Stock (at cost) | $1.519B | $1.446B | |
| YoY Change | 17.46% | ||
| Treasury Stock Shares | $19.66M | $19.44M | |
| Shareholders Equity | $588.0M | $591.3M | $507.0M |
| YoY Change | |||
| Total Liabilities & Shareholders Equity | $1.070B | $975.5M | $912.7M |
| YoY Change | 17.22% | 6.03% | 2.99% |
Cashflow Statement
| Concept | 2019 Q1 | 2018 Q4 | 2018 Q1 |
|---|---|---|---|
| OPERATING ACTIVITIES | |||
| Net Income | $44.67M | $54.30M | $45.00M |
| YoY Change | -0.73% | -0.55% | 50.99% |
| Depreciation, Depletion And Amortization | $10.23M | $10.20M | $9.294M |
| YoY Change | 10.06% | 14.61% | 4.43% |
| Cash From Operating Activities | $73.59M | $56.50M | $65.19M |
| YoY Change | 12.87% | -298.25% | -5.24% |
| INVESTING ACTIVITIES | |||
| Capital Expenditures | $13.87M | -$16.30M | $12.65M |
| YoY Change | 9.63% | 15.6% | -240.53% |
| Acquisitions | $1.450M | ||
| YoY Change | |||
| Other Investing Activities | $68.00K | -$40.00M | -$181.0K |
| YoY Change | -137.57% | 1279.31% | 81.0% |
| Cash From Investing Activities | -$13.93M | -$56.30M | -$13.92M |
| YoY Change | 0.12% | 233.14% | 52.93% |
| FINANCING ACTIVITIES | |||
| Cash Dividend Paid | |||
| YoY Change | |||
| Common Stock Issuance & Retirement, Net | $49.25M | $81.13M | |
| YoY Change | -39.29% | ||
| Debt Paid & Issued, Net | |||
| YoY Change | |||
| Cash From Financing Activities | -55.71M | -62.90M | -48.71M |
| YoY Change | 14.38% | -266.84% | 73.97% |
| NET CHANGE | |||
| Cash From Operating Activities | 73.59M | 56.50M | 65.19M |
| Cash From Investing Activities | -13.93M | -56.30M | -13.92M |
| Cash From Financing Activities | -55.71M | -62.90M | -48.71M |
| Net Change In Cash | 3.937M | -62.70M | 2.565M |
| YoY Change | 53.49% | 714.29% | -91.91% |
| FREE CASH FLOW | |||
| Cash From Operating Activities | $73.59M | $56.50M | $65.19M |
| Capital Expenditures | $13.87M | -$16.30M | $12.65M |
| Free Cash Flow | $59.72M | $72.80M | $52.55M |
| YoY Change | 13.65% | -605.56% | -32.46% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2019Q1 | che |
Accumulated Amortization Operating Lease Right Of Use Asset
AccumulatedAmortizationOperatingLeaseRightOfUseAsset
|
5450000 | |
| CY2018Q1 | che |
Amortization Of Restricted Stock Awards
AmortizationOfRestrictedStockAwards
|
291000 | |
| CY2018Q4 | che |
Cash Overdraft Payable Included In Accounts Payable
CashOverdraftPayableIncludedInAccountsPayable
|
13800000 | |
| CY2019Q1 | che |
Cash Overdraft Payable Included In Accounts Payable
CashOverdraftPayableIncludedInAccountsPayable
|
473000000 | |
| CY2018Q4 | che |
Deferred Compensation Payable In Company Stock
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2344000 | |
| CY2019Q1 | che |
Deferred Compensation Payable In Company Stock
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|
2380000 | |
| CY2019Q1 | che |
Lessee Operating Lease Future Lease Obligations Not Yet Commenced
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| CY2018Q1 | che |
Market Value Gains On Assets Held In Deferred Compensation Trust
MarketValueGainsOnAssetsHeldInDeferredCompensationTrust
|
860000 | |
| CY2019Q1 | che |
Market Value Gains On Assets Held In Deferred Compensation Trust
MarketValueGainsOnAssetsHeldInDeferredCompensationTrust
|
2338000 | |
| CY2018Q1 | che |
Noncash Long Term Incentive Compensation
NoncashLongTermIncentiveCompensation
|
1721000 | |
| CY2019Q1 | che |
Noncash Long Term Incentive Compensation
NoncashLongTermIncentiveCompensation
|
1119000 | |
| CY2019Q1 | che |
Operating Lease Payments Exclude Leases Signed Not Yet Commenced
OperatingLeasePaymentsExcludeLeasesSignedNotYetCommenced
|
3000000 | |
| CY2019Q1 | che |
Operating Lease Payments Include To Extended Lease Terms
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|
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| CY2019Q1 | dei |
Amendment Flag
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|
false | |
| CY2019Q1 | dei |
Current Fiscal Year End Date
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|
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|
Q1 | |
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Document Fiscal Year Focus
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|
2019 | |
| CY2019Q1 | dei |
Document Period End Date
DocumentPeriodEndDate
|
2019-03-31 | |
| CY2019Q1 | dei |
Document Type
DocumentType
|
10-Q | |
| CY2019Q1 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
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Entity Common Stock Shares Outstanding
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|
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Entity Emerging Growth Company
EntityEmergingGrowthCompany
|
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| CY2019Q1 | dei |
Entity Filer Category
EntityFilerCategory
|
Large Accelerated Filer | |
| CY2019Q1 | dei |
Entity Registrant Name
EntityRegistrantName
|
CHEMED CORP | |
| CY2019Q1 | dei |
Entity Small Business
EntitySmallBusiness
|
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| CY2019Q1 | dei |
Trading Symbol
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|
CHE | |
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Accounts Payable Current
AccountsPayableCurrent
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Accounts Payable Current
AccountsPayableCurrent
|
39737000 | |
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Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
119504000 | |
| CY2019Q1 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
119575000 | |
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Common Stock Shares Issued
CommonStockSharesIssued
|
35311418 | |
| CY2019Q1 | us-gaap |
Common Stock Shares Issued
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|
35520908 | |
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Common Stock Value
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35311000 | |
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Common Stock Value
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35521000 | |
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Adjustment For Amortization
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|
519000 | |
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Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
128000 | |
| CY2019Q1 | us-gaap |
Amortization Of Financing Costs
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76000 | |
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Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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|
328000 | |
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Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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Assets
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Assets Current
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Assets Current
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Basis Of Accounting
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<div> <div style="margin-left:0pt;margin-right:0pt;"> <p style="margin:0pt;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;font-weight:bold;">1. Basis of Presentation</font> </p> <p style="margin:0pt;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;"></font> </p> <p style="margin:0pt 0pt 0pt 18pt;text-indent:18pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;">As used herein, the terms "We," "Company" and "Chemed" refer to Chemed Corporation or Chemed Corporation and its consolidated subsidiaries. </font> </p> <p style="margin:0pt 0pt 0pt 18pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;"></font> </p> <p style="margin:0pt 0pt 0pt 18pt;text-indent:18pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;">We have prepared the accompanying unaudited consolidated financial statements of Chemed in accordance with Rule 10-01 of SEC Regulation S-X. Consequently, we have omitted certain disclosures required under generally accepted accounting principles in the United States (“GAAP”) for complete financial statements. The December 31, 2018 balance sheet data were derived from audited financial statements but do not include all disclosures required by GAAP. However, in our opinion, the financial statements presented herein contain all adjustments, consisting only of normal recurring adjustments, necessary to state fairly our financial position, results of operations and cash flows. These financial statements are prepared on the same basis as and should be read in conjunction with the audited Consolidated Financial Statements and related notes included in our Annual Report on Form 10-K for the year ended December 31, 2018. </font> </p> <p style="margin:0pt 0pt 0pt 18pt;text-indent:18pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;"></font> </p> <p style="margin:0pt;text-indent:18pt;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;font-style:italic;">LEASE ACCOUNTING</font> </p> <p style="margin:0pt 0pt 0pt 18pt;text-indent:18pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;">In February 2016, the FASB issued Accounting Standards Update “ASU No. 2016-02 Leases” which introduced a lessee model that brings most leases on to the balance sheets and updates lessor accounting to align with changes in the lessee model and the revenue recognition standard. This standard is also referred to as Accountings Standards Codification No.842 (“ASC 842”). We adopted ASC 842 effective January 1, 2019, using the optional transition method requiring leases existing at, or entered into after, January 1, 2019 to be recognized and measured. The transition method selected does not require adjustments to prior period amounts, which continue to be reflected in accordance with historical accounting. In addition, we elected the package of practical expedients permitted under the transition guidance within the new standard which among other things, allowed us to carry forward the historical lease classification.</font> </p> <p style="margin:0pt 0pt 0pt 18pt;text-indent:18pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;"></font> </p> <p style="margin:0pt 0pt 0pt 18pt;text-indent:18pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;">Chemed and each of its operating subsidiaries are service companies. As such, real estate leases comprise the largest lease obligation (and conversely, right of use asset) in our lease portfolio. VITAS has leased office space, as well as space for inpatient units (“IPUs”) and/or contract beds within hospitals. Roto-Rooter mainly has leased office space.</font> </p> <p style="margin:0pt 0pt 0pt 18pt;text-indent:18pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;"></font> </p> <p style="margin:0pt 0pt 0pt 18pt;text-indent:18pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;">Roto-Rooter purchases equipment and leases it to certain of its independent contractors. We analyzed these leases in accordance with ASC 842 and determined they are operating leases. As a result, Roto-Rooter will continue to capitalize the equipment underlying these leases, depreciate the equipment and recognize rental income.</font> </p> <p style="margin:0pt 0pt 0pt 18pt;text-indent:18pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;"></font> </p> <p style="margin:0pt 0pt 0pt 18pt;text-indent:18pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;">Adoption of the new standard resulted in right of use assets and lease liabilities of $87.8 million and $98.7 million, respectively, as of March 31, 2019. In determining the liability, we used our incremental borrowing rate based on the information available at the time of adoption, since the rate implicit in the leases cannot be readily determined. At January 1, 2019, the weighted average rate was </font><font style="display: inline;">3.47%</font><font style="display: inline;">. The standard did not materially impact our consolidated net income or cash flows. We did not book a cumulative effect adjustment upon adoption of the standard.</font> </p> <p style="margin:0pt;text-indent:18pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;"></font> </p> <p style="margin:0pt;text-indent:18pt;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;font-style:italic;">CLOUD COMPUTING</font> </p> <p style="margin:0pt 0pt 0pt 18pt;text-indent:18pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;">On January 1, 2019, we early adopted ASU No. 2018-15, “Customer’s Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement That is a Service Contract”. This ASU aligns the requirements for capitalizing implementation costs incurred in a hosting arrangement that is a service contract with the requirements for capitalizing implementation costs incurred to develop or obtain internal use software. We adopted the ASU on a prospective basis.</font> </p> <p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;"></font> </p> <p style="margin:0pt 0pt 0pt 18pt;text-indent:18pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;">As of March 31, 2019, we have two cloud computing arrangements that are service contracts. Roto-Rooter is implementing a system to assist in technician dispatch and VITAS is implementing a new human resources system. We have capitalized approximately </font><font style="display: inline;">$2.</font><font style="display: inline;">6</font><font style="display: inline;"> million related to implementation of this project which is included in prepaid assets in the accompanying balance sheets. There has been </font><font style="display: inline;">no</font><font style="display: inline;"> amortization expense associated with the asset as the software has not yet been placed in service. We anticipate amortizing the assets over the original term of the arrangements plus renewal options that are reasonably certain of being exercised.</font> </p> <p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;"></font> </p> <p style="margin:0pt;text-indent:18pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;font-style:italic;">NON-EMPLOYEE STOCK COMPENSATION</font> </p> <p style="margin:0pt 0pt 0pt 18pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt"> <font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">In June 2018, the FASB issued Accounting Standards Update “ASU No. 2018-07 – Compensation – Stock Compensation”. The ASU expands the scope of current guidance to include all share-based payment arrangements related to the acquisition of goods and services from both non-employees and employees. The guidance in the ASU is effective for the Company in all fiscal years beginning after December 15, 2018. Adoption of this standard had no material impact on our consolidated financial statements.</font></font> </p> <p style="margin:0pt;text-indent:18pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;"></font> </p> <p style="margin:0pt;text-indent:18pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;"></font> </p> <p style="margin:0pt;text-indent:18pt;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;font-style:italic;">CASH FLOW CLASSIFICATION</font> </p> <p style="margin:0pt 0pt 0pt 18pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt"> <font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">In August 2016, the FASB issued Accounting Standards Update “ASU No. 2016-15 – Cash Flow Classification” which amends guidance on the classification of certain cash receipts and payments in the statement of cash flows. The primary purpose of ASU 2016-15 was to reduce diversity in practice related to eight specific cash flow issues. The guidance in this ASU was effective for fiscal years beginning after December 15, 2017. We adopted this ASU as of January 1, 2018. There was no material effect to our statements of cash flow.</font></font> </p> <p style="margin:0pt;text-indent:18pt;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;font-style:italic;"></font> </p> <p style="margin:0pt;text-indent:18pt;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;font-style:italic;">INCOME TAXES</font> </p> <p style="margin:0pt 0pt 0pt 18pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt"> <font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;color:#000000;">Our effective income tax rate was </font><font style="display: inline;color:#000000;">12.1%</font><font style="display: inline;color:#000000;"> in the first quarter of 2019 compared to </font><font style="display: inline;color:#000000;">19.9%</font><font style="display: inline;color:#000000;"> during the first quarter of 2018. Excess tax benefit on stock options reduced our income tax expenses by </font><font style="display: inline;color:#000000;">$</font><font style="display: inline;color:#000000;">6.7</font><font style="display: inline;color:#000000;"> million and </font><font style="display: inline;color:#000000;">$</font><font style="display: inline;color:#000000;">3.8</font><font style="display: inline;color:#000000;"> million, respectively for the quarters ended March 31, 2019 and 2018. </font></font> </p> <p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;color:#000000;"></font> </p> <p style="margin:0pt 0pt 0pt 18pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;font-style:italic;color:#000000;">NON-CASH TRANSACTIONS</font> </p> <p style="margin:0pt 0pt 0pt 18pt;text-indent:18pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;color:#000000;">Included in the accompanying Consolidated Balance Sheets are </font><font style="display: inline;color:#000000;">$</font><font style="display: inline;color:#000000;">2.1</font><font style="display: inline;color:#000000;"> million and </font><font style="display: inline;color:#000000;">$</font><font style="display: inline;color:#000000;">3.2</font><font style="display: inline;color:#000000;"> million of capitalized property and equipment which were not paid for as of March 31, 2019 and December 31, 2018, respectively. These amounts have been excluded from capital expenditures in the accompanying Consolidated Statements of Cash Flow. There are no material non-cash amounts included in interest expense for any period presented.</font><font style="display: inline;color:#000000;"></font> </p> <p style="margin:0pt 0pt 0pt 18pt;text-indent:18pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;color:#000000;"></font> </p> <p><font size="1"> </font></p> </div> </div> | |
| CY2019Q1 | us-gaap |
Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
|
3922000 | |
| CY2018Q4 | us-gaap |
Accrued Insurance Current
AccruedInsuranceCurrent
|
46095000 | |
| CY2019Q1 | us-gaap |
Accrued Insurance Current
AccruedInsuranceCurrent
|
48477000 | |
| CY2018Q4 | us-gaap |
Accumulated Capitalized Interest Costs
AccumulatedCapitalizedInterestCosts
|
3200000 | |
| CY2019Q1 | us-gaap |
Accumulated Capitalized Interest Costs
AccumulatedCapitalizedInterestCosts
|
2100000 | |
| CY2018Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
248370000 | |
| CY2019Q1 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
254499000 | |
| CY2018Q4 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
774358000 | |
| CY2019Q1 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
803701000 | |
| CY2018Q1 | us-gaap |
Adjustment For Amortization
AdjustmentForAmortization
|
27000 | |
| CY2017Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
11121000 | |
| CY2018Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
13686000 | |
| CY2018Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
4831000 | |
| CY2019Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
8768000 | |
| CY2018Q1 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
2565000 | |
| CY2019Q1 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
3937000 | |
| CY2018Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
||
| CY2019Q1 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
||
| CY2018Q1 | us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
0.28 | |
| CY2019Q1 | us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
0.30 | |
| CY2018Q1 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.28 | |
| CY2019Q1 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.30 | |
| CY2018Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
80000000 | |
| CY2019Q1 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
80000000 | |
| CY2018Q1 | us-gaap |
Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
|
5166000 | |
| CY2019Q1 | us-gaap |
Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
|
6914000 | |
| CY2018Q1 | us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
304536000 | |
| CY2019Q1 | us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
321951000 | |
| CY2018Q1 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
382779000 | |
| CY2019Q1 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
412562000 | |
| CY2018Q4 | us-gaap |
Deferred Compensation Liability Classified Noncurrent
DeferredCompensationLiabilityClassifiedNoncurrent
|
64616000 | |
| CY2019Q1 | us-gaap |
Deferred Compensation Liability Classified Noncurrent
DeferredCompensationLiabilityClassifiedNoncurrent
|
70934000 | |
| CY2018Q4 | us-gaap |
Deferred Compensation Plan Assets
DeferredCompensationPlanAssets
|
65624000 | |
| CY2019Q1 | us-gaap |
Deferred Compensation Plan Assets
DeferredCompensationPlanAssets
|
70632000 | |
| CY2018Q1 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-2807000 | |
| CY2019Q1 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-3489000 | |
| CY2018Q4 | us-gaap |
Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
|
21598000 | |
| CY2019Q1 | us-gaap |
Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
|
18108000 | |
| CY2018Q1 | us-gaap |
Depreciation
Depreciation
|
9267000 | |
| CY2019Q1 | us-gaap |
Depreciation
Depreciation
|
9710000 | |
| CY2018Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
9294000 | |
| CY2019Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
10229000 | |
| CY2019Q1 | us-gaap |
Description Of New Accounting Pronouncements Not Yet Adopted
DescriptionOfNewAccountingPronouncementsNotYetAdopted
|
<div> <div style="margin-left:0pt;margin-right:0pt;"> <p style="margin:0pt;font-family:Times New Roman;font-size: 1pt"> <font style="display: inline;font-size:1pt;"></font> </p> <p style="margin:0pt;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;font-weight:bold;">16. Recent Accounting Standards</font> </p> <p style="margin:0pt 0pt 0pt 18pt;text-align:justify;text-justify:inter-ideograph;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;"></font> </p> <p style="margin:0pt 0pt 0pt 18pt;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt"> <font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">In January 2017, the FASB issued Accounting Standards Update “ASU No. 2017-4 – Intangibles – Goodwill and Other”. To simplify the subsequent measurement of goodwill, the FASB eliminated Step 2 from the goodwill impairment test. The guidance in the ASU is effective for the Company in fiscal years beginning after December 15, 2019. Early adoption is permitted. We anticipate adoption of this standard will have no impact on our consolidated financial statements.</font></font> </p> <p style="margin:0pt 0pt 0pt 18pt;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;"></font> </p> <p style="margin:0pt 0pt 0pt 18pt;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt"> <font style="text-indent:0pt;margin-left:0pt; padding-right:16pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;"></font></font> </p> <p><font size="1"> </font></p> </div> </div> | |
| CY2019Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
2.80 | |
| CY2018Q4 | us-gaap |
Litigation Reserve Current
LitigationReserveCurrent
|
1857000 | |
| CY2018Q1 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
4533000 | |
| CY2019Q1 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
4799000 | |
| CY2018Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
2.79 | |
| CY2018Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
2.66 | |
| CY2019Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
2.70 | |
| CY2018Q1 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.1990 | |
| CY2019Q1 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.1210 | |
| CY2018Q4 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
63329000 | |
| CY2019Q1 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
52526000 | |
| CY2018Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
33284000 | |
| CY2019Q1 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
33803000 | |
| CY2018Q4 | us-gaap |
Goodwill
Goodwill
|
510570000 | |
| CY2019Q1 | us-gaap |
Goodwill
Goodwill
|
510598000 | |
| CY2018Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
11212000 | |
| CY2019Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
6120000 | |
| CY2018Q1 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-7911000 | |
| CY2019Q1 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
348000 | |
| CY2018Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-1591000 | |
| CY2019Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
81000 | |
| CY2018Q1 | us-gaap |
Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
13642000 | |
| CY2019Q1 | us-gaap |
Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
9219000 | |
| CY2018Q1 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-60000 | |
| CY2019Q1 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
610000 | |
| CY2018Q1 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
4263000 | |
| CY2019Q1 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
5006000 | |
| CY2018Q1 | us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
3758000 | |
| CY2019Q1 | us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
6459000 | |
| CY2018Q1 | us-gaap |
Increase Decrease In Outstanding Checks Financing Activities
IncreaseDecreaseInOutstandingChecksFinancingActivities
|
-6671000 | |
| CY2018Q4 | us-gaap |
Inventory Net
InventoryNet
|
5705000 | |
| CY2019Q1 | us-gaap |
Inventory Net
InventoryNet
|
6315000 | |
| CY2018Q1 | us-gaap |
Investment Income Net
InvestmentIncomeNet
|
158000 | |
| CY2019Q1 | us-gaap |
Investment Income Net
InvestmentIncomeNet
|
101000 | |
| CY2019Q1 | us-gaap |
Lease Cost
LeaseCost
|
11531000 | |
| CY2019Q1 | us-gaap |
Increase Decrease In Outstanding Checks Financing Activities
IncreaseDecreaseInOutstandingChecksFinancingActivities
|
-13303000 | |
| CY2018Q1 | us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
-1045000 | |
| CY2019Q1 | us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
-6000 | |
| CY2018Q1 | us-gaap |
Incremental Common Shares Attributable To Nonvested Shares With Forfeitable Dividends
IncrementalCommonSharesAttributableToNonvestedSharesWithForfeitableDividends
|
107000 | |
| CY2019Q1 | us-gaap |
Incremental Common Shares Attributable To Nonvested Shares With Forfeitable Dividends
IncrementalCommonSharesAttributableToNonvestedSharesWithForfeitableDividends
|
77000 | |
| CY2018Q1 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
680000 | |
| CY2019Q1 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
494000 | |
| CY2018Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
68253000 | |
| CY2019Q1 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
67868000 | |
| CY2018Q1 | us-gaap |
Interest Expense
InterestExpense
|
1207000 | |
| CY2019Q1 | us-gaap |
Interest Expense
InterestExpense
|
1124000 | |
| CY2019Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
109574000 | |
| CY2019Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
|
11039000 | |
| CY2019Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
|
7262000 | |
| CY2019Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
|
12479000 | |
| CY2019Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
|
18914000 | |
| CY2019Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
26044000 | |
| CY2019Q1 | us-gaap |
Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
|
33836000 | |
| CY2019Q1 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
7915000 | |
| CY2019Q1 | us-gaap |
Lessee Operating Lease Option To Extend
LesseeOperatingLeaseOptionToExtend
|
up to 5 years | |
| CY2019Q1 | us-gaap |
Lessee Operating Lease Option To Terminate
LesseeOperatingLeaseOptionToTerminate
|
within 1 year | |
| CY2019Q1 | us-gaap |
Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
|
36300000 | |
| CY2018Q4 | us-gaap |
Liabilities
Liabilities
|
384195000 | |
| CY2019Q1 | us-gaap |
Liabilities
Liabilities
|
481821000 | |
| CY2018Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
975529000 | |
| CY2019Q1 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
1069831000 | |
| CY2018Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
191670000 | |
| CY2019Q1 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
217100000 | |
| CY2019Q1 | us-gaap |
Litigation Reserve Current
LitigationReserveCurrent
|
8163000 | |
| CY2018Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
89200000 | |
| CY2019Q1 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
100000000 | |
| CY2018Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
9209000 | |
| CY2018Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-48711000 | |
| CY2019Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-55714000 | |
| CY2018Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-13917000 | |
| CY2019Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-13934000 | |
| CY2018Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
65193000 | |
| CY2019Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
73585000 | |
| CY2018Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
44996000 | |
| CY2019Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
44667000 | |
| CY2018Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
44996000 | |
| CY2019Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
44667000 | |
| CY2018Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
56397000 | |
| CY2019Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
49472000 | |
| CY2019Q1 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
11537000 | |
| CY2019Q1 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
98659000 | |
| CY2019Q1 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
30699000 | |
| CY2019Q1 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
67960000 | |
| CY2019Q1 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
9987000 | |
| CY2019Q1 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
87811000 | |
| CY2018Q4 | us-gaap |
Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
|
103616000 | |
| CY2018Q4 | us-gaap |
Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
|
26791000 | |
| CY2018Q4 | us-gaap |
Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
|
8179000 | |
| CY2018Q4 | us-gaap |
Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
|
13851000 | |
| CY2018Q4 | us-gaap |
Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
|
19669000 | |
| CY2018Q4 | us-gaap |
Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
|
24152000 | |
| CY2018Q4 | us-gaap |
Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
|
10974000 | |
| CY2019Q1 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.0347 | |
| CY2019Q1 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P4Y2M16D | |
| CY2019Q1 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
9138000 | |
| CY2018Q4 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
30239000 | |
| CY2019Q1 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
33576000 | |
| CY2018Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
17111000 | |
| CY2019Q1 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
7719000 | |
| CY2018Q1 | us-gaap |
Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
|
-5000 | |
| CY2019Q1 | us-gaap |
Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
|
559000 | |
| CY2019Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
1265485000 | |
| CY2019Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
13866000 | |
| CY2018Q1 | us-gaap |
Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
|
51000 | |
| CY2019Q1 | us-gaap |
Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
|
-6353000 | |
| CY2018Q1 | us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
-181000 | |
| CY2019Q1 | us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
68000 | |
| CY2018Q1 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
81125000 | |
| CY2019Q1 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
49250000 | |
| CY2018Q1 | us-gaap |
Payments For Repurchase Of Equity
PaymentsForRepurchaseOfEquity
|
6377000 | |
| CY2019Q1 | us-gaap |
Payments For Repurchase Of Equity
PaymentsForRepurchaseOfEquity
|
11170000 | |
| CY2018Q1 | us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
4533000 | |
| CY2019Q1 | us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
4799000 | |
| CY2018Q1 | us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
1450000 | |
| CY2018Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
12648000 | |
| CY2018Q4 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
19154000 | |
| CY2019Q1 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
19148000 | |
| CY2018Q4 | us-gaap |
Prepaid Taxes
PrepaidTaxes
|
10646000 | |
| CY2019Q1 | us-gaap |
Prepaid Taxes
PrepaidTaxes
|
5349000 | |
| CY2018Q1 | us-gaap |
Proceeds And Excess Tax Benefit From Sharebased Compensation
ProceedsAndExcessTaxBenefitFromSharebasedCompensation
|
3800000 | |
| CY2019Q1 | us-gaap |
Proceeds And Excess Tax Benefit From Sharebased Compensation
ProceedsAndExcessTaxBenefitFromSharebasedCompensation
|
6700000 | |
| CY2019Q1 | us-gaap |
Proceeds From Legal Settlements
ProceedsFromLegalSettlements
|
6000000 | |
| CY2018Q1 | us-gaap |
Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
|
134300000 | |
| CY2019Q1 | us-gaap |
Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
|
125100000 | |
| CY2018Q1 | us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
-228000 | |
| CY2019Q1 | us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
181000 | |
| CY2018Q1 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
8923000 | |
| CY2019Q1 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
11827000 | |
| CY2018Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
162033000 | |
| CY2019Q1 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
164629000 | |
| CY2018Q1 | us-gaap |
Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
|
90500000 | |
| CY2019Q1 | us-gaap |
Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
|
114300000 | |
| CY2018Q1 | us-gaap |
Repayments Of Other Long Term Debt
RepaymentsOfOtherLongTermDebt
|
2500000 | |
| CY2018Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
1225617000 | |
| CY2019Q1 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
3213000 | |
| CY2018Q1 | us-gaap |
Revenues
Revenues
|
439176000 | |
| CY2019Q1 | us-gaap |
Revenues
Revenues
|
462034000 | |
| CY2018Q1 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
69000000 | |
| CY2019Q1 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
74029000 | |
| CY2017Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
540354000 | |
| CY2018Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
506959000 | |
| CY2018Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
591334000 | |
| CY2019Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
588010000 | |
| CY2018Q1 | us-gaap |
Stockholders Equity Other
StockholdersEquityOther
|
-944000 | |
| CY2019Q1 | us-gaap |
Stockholders Equity Other
StockholdersEquityOther
|
191000 | |
| CY2018Q1 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
8211000 | |
| CY2019Q1 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
5867000 | |
| CY2018Q1 | us-gaap |
Stock Option Plan Expense
StockOptionPlanExpense
|
3653000 | |
| CY2019Q1 | us-gaap |
Stock Option Plan Expense
StockOptionPlanExpense
|
4089000 | |
| CY2019Q1 | us-gaap |
Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
|
150000000 | |
| CY2019Q1 | us-gaap |
Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
|
147400000 | |
| CY2019Q1 | us-gaap |
Sublease Income
SubleaseIncome
|
6000 | |
| CY2018Q1 | us-gaap |
Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
|
270.42 | |
| CY2019Q1 | us-gaap |
Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
|
328.33 | |
| CY2018Q4 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
19438358 | |
| CY2019Q1 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
19661407 | |
| CY2018Q1 | us-gaap |
Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
|
300000 | |
| CY2019Q1 | us-gaap |
Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
|
150000 | |
| CY2018Q4 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
1446296000 | |
| CY2019Q1 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
1519077000 | |
| CY2018Q1 | us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
81125000 | |
| CY2019Q1 | us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
49250000 | |
| CY2018Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
16887000 | |
| CY2019Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
16525000 | |
| CY2018Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
16100000 | |
| CY2019Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
15954000 |
