2017 Q4 Form 10-K Financial Statement

#000104631118000006 Filed on March 01, 2018

View on sec.gov

Income Statement

Concept 2017 Q4 2017 2016 Q4
Revenue $237.6M $941.3M $208.2M
YoY Change 14.11% 16.51% -1.31%
Cost Of Revenue $114.0M $479.4M $47.60M
YoY Change 139.5% 4.26% -61.14%
Gross Profit $107.5M $461.9M $43.90M
YoY Change 144.87% 32.69% -50.4%
Gross Profit Margin 45.25% 49.07% 21.09%
Selling, General & Admin $41.50M $165.8M $45.20M
YoY Change -8.19% 7.17% 17.4%
% of Gross Profit 38.6% 35.9% 102.96%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $1.700M $6.680M -$1.700M
YoY Change -200.0% -4.52% -162.96%
% of Gross Profit 1.58% 1.45% -3.87%
Operating Expenses $43.10M $165.8M $43.40M
YoY Change -0.69% 7.17% 5.08%
Operating Profit $64.65M $289.7M $52.46M
YoY Change 23.23% 54.85% 11.16%
Interest Expense -$10.80M $45.04M -$9.200M
YoY Change 17.39% 1.33% -8.0%
% of Operating Profit -16.71% 15.55% -17.54%
Other Income/Expense, Net $1.000M -$40.44M $500.0K
YoY Change 100.0% 3.91% -16.67%
Pretax Income $54.78M $249.2M $43.79M
YoY Change 25.09% 68.23% 15.84%
Income Tax $24.60M $126.9M -$7.200M
% Of Pretax Income 44.91% 50.92% -16.44%
Net Earnings -$9.816M $122.3M $31.82M
YoY Change -130.85% 14.63% 8.96%
Net Earnings / Revenue -4.13% 13.0% 15.28%
Basic Earnings Per Share
Diluted Earnings Per Share -$174.1K $2.165M -$14.34K
COMMON SHARES
Basic Shares Outstanding 56.11M shares
Diluted Shares Outstanding 56.53M shares

Balance Sheet

Concept 2017 Q4 2017 2016 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $235.3M $235.3M $202.5M
YoY Change 16.2% 16.2% 4.71%
Cash & Equivalents $235.3M $235.3M $202.5M
Short-Term Investments
Other Short-Term Assets $25.97M $26.00M $26.89M
YoY Change -3.41% -3.35% 53.04%
Inventory
Prepaid Expenses $14.21M $22.21M
Receivables $125.9M $125.9M $107.3M
Other Receivables $13.20M $13.20M $8.200M
Total Short-Term Assets $400.4M $400.4M $344.9M
YoY Change 16.11% 16.09% 10.91%
LONG-TERM ASSETS
Property, Plant & Equipment $83.37M $83.40M $84.06M
YoY Change -0.82% -0.83% -4.65%
Goodwill $80.76M $78.91M
YoY Change 2.35% -0.53%
Intangibles $100.5M $15.74M
YoY Change 538.53% 31.72%
Long-Term Investments $155.1M $155.1M $111.8M
YoY Change 38.73% 38.73% 32.0%
Other Assets $67.72M $94.90M $53.66M
YoY Change 26.2% -10.89% 217.37%
Total Long-Term Assets $594.8M $594.8M $563.6M
YoY Change 5.53% 17.18% 38.79%
TOTAL ASSETS
Total Short-Term Assets $400.4M $400.4M $344.9M
Total Long-Term Assets $594.8M $594.8M $563.6M
Total Assets $995.2M $995.2M $908.5M
YoY Change 9.55% 16.74% 26.7%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $67.84M $67.80M $48.07M
YoY Change 41.12% 40.96% -25.39%
Accrued Expenses $84.32M $84.30M $80.39M
YoY Change 4.89% 42.16% 13.79%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $1.200M $1.200M $1.200M
YoY Change 0.0% 0.0% 0.0%
Total Short-Term Liabilities $284.7M $284.7M $263.7M
YoY Change 7.96% 7.96% 26.75%
LONG-TERM LIABILITIES
Long-Term Debt $725.3M $725.3M $839.4M
YoY Change -13.59% -13.59% 3.26%
Other Long-Term Liabilities $42.04M $243.8M $38.85M
YoY Change 8.21% 303.64% -43.35%
Total Long-Term Liabilities $767.3M $969.1M $878.3M
YoY Change -12.63% 7.7% -0.37%
TOTAL LIABILITIES
Total Short-Term Liabilities $284.7M $284.7M $263.7M
Total Long-Term Liabilities $767.3M $969.1M $878.3M
Total Liabilities $1.254B $1.254B $1.164B
YoY Change 7.73% 7.73% 4.57%
SHAREHOLDERS EQUITY
Retained Earnings $627.3M $607.6M
YoY Change 3.24% 18.0%
Common Stock $183.4M $160.0M
YoY Change 14.63% 6.07%
Preferred Stock
YoY Change
Treasury Stock (at cost) $1.065B $1.070B
YoY Change -0.54% 1.66%
Treasury Stock Shares 38.39M shares 38.77M shares
Shareholders Equity -$258.6M -$258.6M -$365.3M
YoY Change
Total Liabilities & Shareholders Equity $995.2M $995.2M $852.5M
YoY Change 16.74% 16.74% 18.89%

Cashflow Statement

Concept 2017 Q4 2017 2016 Q4
OPERATING ACTIVITIES
Net Income -$9.816M $122.3M $31.82M
YoY Change -130.85% 14.63% 8.96%
Depreciation, Depletion And Amortization $1.700M $6.680M -$1.700M
YoY Change -200.0% -4.52% -162.96%
Cash From Operating Activities $92.40M $257.4M $63.60M
YoY Change 45.28% 69.29% 3.58%
INVESTING ACTIVITIES
Capital Expenditures -$6.100M $23.44M -$38.80M
YoY Change -84.28% -6.96% 479.1%
Acquisitions $0.00
YoY Change -100.0%
Other Investing Activities -$5.800M -$109.0K $6.300M
YoY Change -192.06% 890.91% -121.0%
Cash From Investing Activities -$11.80M -$90.12M -$32.50M
YoY Change -63.69% -8.48% -11.44%
FINANCING ACTIVITIES
Cash Dividend Paid $48.65M
YoY Change 5.35%
Common Stock Issuance & Retirement, Net $9.807M
YoY Change -72.7%
Debt Paid & Issued, Net $660.0K
YoY Change -33.2%
Cash From Financing Activities -84.00M -$135.8M -33.90M
YoY Change 147.79% 208.0% 11.88%
NET CHANGE
Cash From Operating Activities 92.40M $257.4M 63.60M
Cash From Investing Activities -11.80M -$90.12M -32.50M
Cash From Financing Activities -84.00M -$135.8M -33.90M
Net Change In Cash -3.400M $31.48M -2.800M
YoY Change 21.43% 231.95% -50.0%
FREE CASH FLOW
Cash From Operating Activities $92.40M $257.4M $63.60M
Capital Expenditures -$6.100M $23.44M -$38.80M
Free Cash Flow $98.50M $233.9M $102.4M
YoY Change -3.81% 84.43% 50.37%

Facts In Submission

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CY2017Q4 us-gaap Common Stock Par Or Stated Value Per Share
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0.01
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160000000 shares
CY2017Q4 us-gaap Common Stock Shares Authorized
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160000000 shares
CY2016Q4 us-gaap Common Stock Shares Issued
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95065638 shares
CY2017Q4 us-gaap Common Stock Shares Issued
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95065638 shares
CY2016Q4 us-gaap Common Stock Shares Outstanding
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56299949 shares
CY2017Q4 us-gaap Common Stock Shares Outstanding
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56679968 shares
CY2016Q4 us-gaap Common Stock Value
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951000 USD
CY2017Q4 us-gaap Common Stock Value
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951000 USD
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126222000 USD
CY2016 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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139627000 USD
CY2017 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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118716000 USD
CY2015 us-gaap Costs And Expenses
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634559000 USD
CY2016 us-gaap Costs And Expenses
CostsAndExpenses
686149000 USD
CY2017 us-gaap Costs And Expenses
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742891000 USD
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50794000 USD
CY2016 us-gaap Current Federal Tax Expense Benefit
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62216000 USD
CY2017 us-gaap Current Federal Tax Expense Benefit
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63279000 USD
CY2015 us-gaap Current Foreign Tax Expense Benefit
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592000 USD
CY2016 us-gaap Current Foreign Tax Expense Benefit
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745000 USD
CY2017 us-gaap Current Foreign Tax Expense Benefit
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2000000 USD
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5476000 USD
CY2016 us-gaap Current State And Local Tax Expense Benefit
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8163000 USD
CY2017 us-gaap Current State And Local Tax Expense Benefit
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5183000 USD
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840604000 USD
CY2017Q4 us-gaap Debt And Capital Lease Obligations
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726524000 USD
CY2017Q4 us-gaap Debt Instrument Carrying Amount
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726524000 USD
CY2017Q4 us-gaap Decrease In Unrecognized Tax Benefits Is Reasonably Possible
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2300000 USD
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24700000 USD
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27300000 USD
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19100000 USD
CY2017Q4 us-gaap Deferred Compensation Plan Assets
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22600000 USD
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-112000 USD
CY2016 us-gaap Deferred Federal Income Tax Expense Benefit
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-7723000 USD
CY2017 us-gaap Deferred Federal Income Tax Expense Benefit
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37997000 USD
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-57000 USD
CY2016 us-gaap Deferred Foreign Income Tax Expense Benefit
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-137000 USD
CY2017 us-gaap Deferred Foreign Income Tax Expense Benefit
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-255000 USD
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52812000 USD
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13335000 USD
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2471000 USD
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2620000 USD
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11620000 USD
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9897000 USD
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133218000 USD
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141111000 USD
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15196000 USD
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18335000 USD
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-737000 USD
CY2016 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-2655000 USD
CY2017 us-gaap Deferred State And Local Income Tax Expense Benefit
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900000 USD
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52520000 USD
CY2017Q4 us-gaap Deferred Tax Assets Liabilities Net
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13296000 USD
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52520000 USD
CY2017Q4 us-gaap Deferred Tax Assets Net
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13296000 USD
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52812000 USD
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13335000 USD
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335000 USD
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1215000 USD
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17365000 USD
CY2017Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits
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12472000 USD
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43176000 USD
CY2017Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
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6708000 USD
CY2017Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Impairment Losses
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4700000 USD
CY2016Q4 us-gaap Deferred Tax Liabilities
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292000 USD
CY2017Q4 us-gaap Deferred Tax Liabilities
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39000 USD
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292000 USD
CY2017Q4 us-gaap Deferred Tax Liabilities Noncurrent
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39000 USD
CY2016Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
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9171000 USD
CY2017Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
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8026000 USD
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11542000 USD
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11705000 USD
CY2017 us-gaap Depreciation Depletion And Amortization
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12431000 USD
CY2015 us-gaap Dividends Common Stock Cash
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45531000 USD
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46708000 USD
CY2017 us-gaap Dividends Common Stock Cash
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48682000 USD
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11548000 USD
CY2016Q4 us-gaap Dividends Payable Current
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12112000 USD
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12185000 USD
CY2016Q4 us-gaap Dividends Payable Current And Noncurrent
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12112000 USD
CY2017Q4 us-gaap Dividends Payable Current And Noncurrent
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12185000 USD
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-2049000 USD
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-462000 USD
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1391000 USD
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0.304
CY2016 us-gaap Effective Income Tax Rate Continuing Operations
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0.303
CY2017 us-gaap Effective Income Tax Rate Continuing Operations
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0.487
CY2015 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.350
CY2016 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.350
CY2017 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.350
CY2015 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
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0.000
CY2016 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
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0.000
CY2017 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
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0.021
CY2015 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
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-0.062
CY2016 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
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-0.052
CY2017 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
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-0.044
CY2015 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
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0.000
CY2016 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
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-0.017
CY2017 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
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-0.017
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0.001
CY2016 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
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0.003
CY2017 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
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0.004
CY2015 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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0.017
CY2016 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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0.017
CY2017 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.018
CY2016Q4 us-gaap Employee Related Liabilities Current
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38657000 USD
CY2017Q4 us-gaap Employee Related Liabilities Current
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37464000 USD
CY2017Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
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27100000 USD
CY2015 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
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4500000 USD
CY2016 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
5400000 USD
CY2017 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
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9200000 USD
CY2016Q4 us-gaap Equity Method Investment Summarized Financial Information Assets
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393844000 USD
CY2017Q4 us-gaap Equity Method Investment Summarized Financial Information Assets
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547987000 USD
CY2016Q4 us-gaap Equity Method Investment Summarized Financial Information Current Assets
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47294000 USD
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56599000 USD
CY2016Q4 us-gaap Equity Method Investment Summarized Financial Information Current Liabilities
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22274000 USD
CY2017Q4 us-gaap Equity Method Investment Summarized Financial Information Current Liabilities
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31191000 USD
CY2015 us-gaap Equity Method Investment Summarized Financial Information Gross Profit Loss
EquityMethodInvestmentSummarizedFinancialInformationGrossProfitLoss
1196000 USD
CY2016 us-gaap Equity Method Investment Summarized Financial Information Gross Profit Loss
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9878000 USD
CY2017 us-gaap Equity Method Investment Summarized Financial Information Gross Profit Loss
EquityMethodInvestmentSummarizedFinancialInformationGrossProfitLoss
12428000 USD
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-2382000 USD
CY2016 us-gaap Equity Method Investment Summarized Financial Information Income Loss From Continuing Operations Before Extraordinary Items
EquityMethodInvestmentSummarizedFinancialInformationIncomeLossFromContinuingOperationsBeforeExtraordinaryItems
4603000 USD
CY2017 us-gaap Equity Method Investment Summarized Financial Information Income Loss From Continuing Operations Before Extraordinary Items
EquityMethodInvestmentSummarizedFinancialInformationIncomeLossFromContinuingOperationsBeforeExtraordinaryItems
6397000 USD
CY2016Q4 us-gaap Equity Method Investment Summarized Financial Information Liabilities
EquityMethodInvestmentSummarizedFinancialInformationLiabilities
166043000 USD
CY2017Q4 us-gaap Equity Method Investment Summarized Financial Information Liabilities
EquityMethodInvestmentSummarizedFinancialInformationLiabilities
253347000 USD
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-2382000 USD
CY2016 us-gaap Equity Method Investment Summarized Financial Information Net Income Loss
EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss
4598000 USD
CY2017 us-gaap Equity Method Investment Summarized Financial Information Net Income Loss
EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss
5197000 USD
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EquityMethodInvestmentSummarizedFinancialInformationNoncurrentAssets
346550000 USD
CY2017Q4 us-gaap Equity Method Investment Summarized Financial Information Noncurrent Assets
EquityMethodInvestmentSummarizedFinancialInformationNoncurrentAssets
491388000 USD
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EquityMethodInvestmentSummarizedFinancialInformationNoncurrentLiabilities
143769000 USD
CY2017Q4 us-gaap Equity Method Investment Summarized Financial Information Noncurrent Liabilities
EquityMethodInvestmentSummarizedFinancialInformationNoncurrentLiabilities
222156000 USD
CY2015 us-gaap Equity Method Investment Summarized Financial Information Revenue
EquityMethodInvestmentSummarizedFinancialInformationRevenue
44015000 USD
CY2016 us-gaap Equity Method Investment Summarized Financial Information Revenue
EquityMethodInvestmentSummarizedFinancialInformationRevenue
72393000 USD
CY2017 us-gaap Equity Method Investment Summarized Financial Information Revenue
EquityMethodInvestmentSummarizedFinancialInformationRevenue
87033000 USD
CY2016Q4 us-gaap Financing Receivable Allowance For Credit Losses
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7430000 USD
CY2017Q4 us-gaap Financing Receivable Allowance For Credit Losses
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9203000 USD
CY2016Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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91197000 USD
CY2017Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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88746000 USD
CY2017Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
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3400000 USD
CY2017Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
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1200000 USD
CY2017Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
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1200000 USD
CY2017Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
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2100000 USD
CY2017Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
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3000000 USD
CY2016Q4 us-gaap Finite Lived Intangible Assets Gross
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105921000 USD
CY2017Q4 us-gaap Finite Lived Intangible Assets Gross
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102404000 USD
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14724000 USD
CY2017Q4 us-gaap Finite Lived Intangible Assets Net
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13658000 USD
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-500000 USD
CY2016 us-gaap Foreign Currency Transaction Gain Loss Realized
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-800000 USD
CY2017 us-gaap Foreign Currency Transaction Gain Loss Realized
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3000 USD
CY2017Q4 us-gaap Future Minimum Sublease Rentals Sale Leaseback Transactions
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496000 USD
CY2017Q4 us-gaap Future Minimum Sublease Rentals Sale Leaseback Transactions Thereafter
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0 USD
CY2017Q4 us-gaap Future Minimum Sublease Rentals Sale Leaseback Transactions Within Five Years
FutureMinimumSubleaseRentalsSaleLeasebackTransactionsWithinFiveYears
0 USD
CY2017Q4 us-gaap Future Minimum Sublease Rentals Sale Leaseback Transactions Within Four Years
FutureMinimumSubleaseRentalsSaleLeasebackTransactionsWithinFourYears
0 USD
CY2017Q4 us-gaap Future Minimum Sublease Rentals Sale Leaseback Transactions Within One Year
FutureMinimumSubleaseRentalsSaleLeasebackTransactionsWithinOneYear
372000 USD
CY2017Q4 us-gaap Future Minimum Sublease Rentals Sale Leaseback Transactions Within Three Years
FutureMinimumSubleaseRentalsSaleLeasebackTransactionsWithinThreeYears
0 USD
CY2017Q4 us-gaap Future Minimum Sublease Rentals Sale Leaseback Transactions Within Two Years
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124000 USD
CY2015 us-gaap Gain Loss On Disposition Of Assets1
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1521000 USD
CY2016 us-gaap Gain Loss On Disposition Of Assets1
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346000 USD
CY2017 us-gaap Gain Loss On Disposition Of Assets1
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-52000 USD
CY2015 us-gaap Gain Loss On Sale Of Properties
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0 USD
CY2016 us-gaap Gain Loss On Sale Of Properties
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403000 USD
CY2017 us-gaap Gain Loss On Sale Of Properties
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-32000 USD
CY2015Q4 us-gaap Goodwill
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79327000 USD
CY2016Q4 us-gaap Goodwill
Goodwill
78905000 USD
CY2017Q4 us-gaap Goodwill
Goodwill
80757000 USD
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0 USD
CY2017 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
0 USD
CY2016 us-gaap Goodwill Foreign Currency Translation Gain Loss
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422000 USD
CY2017 us-gaap Goodwill Foreign Currency Translation Gain Loss
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-1852000 USD
CY2016Q4 us-gaap Goodwill Gross
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79097000 USD
CY2017Q4 us-gaap Goodwill Gross
GoodwillGross
80949000 USD
CY2016Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
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192000 USD
CY2017Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
192000 USD
CY2015 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2016 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2016 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2017 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2017 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2012Q4 us-gaap Guarantee Obligations Maximum Exposure
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4500000 USD
CY2015Q3 us-gaap Guarantee Obligations Maximum Exposure
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1800000 USD
CY2016Q2 us-gaap Guarantee Obligations Maximum Exposure
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3250000 USD
CY2015 us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
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0 USD
CY2016 us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill
0 USD
CY2017 us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill
0 USD
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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183985000 USD
CY2016Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
30378000 USD
CY2016Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
55610000 USD
CY2016Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
70200000 USD
CY2016Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
43792000 USD
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
199980000 USD
CY2017Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
41383000 USD
CY2017Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
67381000 USD
CY2017Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
68514000 USD
CY2017Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
46719000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
223997000 USD
CY2015 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
2.24
CY2016Q1 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.38
CY2016Q2 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.69
CY2016Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.85
CY2016Q4 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.57
CY2016 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
2.48
CY2017Q1 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.51
CY2017Q2 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.80
CY2017Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.84
CY2017Q4 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-0.11
CY2017 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
2.03
CY2015 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
2.22
CY2017 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
2.02
CY2016Q2 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.68
CY2016Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.84
CY2016Q4 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.56
CY2016 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
2.46
CY2017Q1 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.51
CY2017Q2 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.79
CY2017Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.84
CY2017Q4 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-0.11
CY2016Q1 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.37
CY2015 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-901000 USD
CY2016 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
492000 USD
CY2017 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-4546000 USD
CY2015 us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
-3279000 USD
CY2016 us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
-1025000 USD
CY2017 us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
-6579000 USD
CY2015 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
55956000 USD
CY2016 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
60609000 USD
CY2017 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
109104000 USD
CY2015 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
54990000 USD
CY2016 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
65683000 USD
CY2017 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
39181000 USD
CY2016Q4 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
316000 USD
CY2017Q4 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
0 USD
CY2015 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
6493000 USD
CY2016 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-13689000 USD
CY2017 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
12455000 USD
CY2015 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
5166000 USD
CY2016 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
5225000 USD
CY2017 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
7176000 USD
CY2015 us-gaap Increase Decrease In Deferred Compensation
IncreaseDecreaseInDeferredCompensation
-200000 USD
CY2016 us-gaap Increase Decrease In Deferred Compensation
IncreaseDecreaseInDeferredCompensation
2100000 USD
CY2017 us-gaap Increase Decrease In Deferred Compensation
IncreaseDecreaseInDeferredCompensation
3700000 USD
CY2015 us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
-615000 USD
CY2016 us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
10542000 USD
CY2017 us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
-39320000 USD
CY2015 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
5251000 USD
CY2016 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
61646000 USD
CY2017 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
7797000 USD
CY2015 us-gaap Increase Decrease In Income Taxes
IncreaseDecreaseInIncomeTaxes
808000 USD
CY2016 us-gaap Increase Decrease In Income Taxes
IncreaseDecreaseInIncomeTaxes
5775000 USD
CY2017 us-gaap Increase Decrease In Income Taxes
IncreaseDecreaseInIncomeTaxes
31383000 USD
CY2017Q3 us-gaap Increase Decrease In Lease Acquisition Costs
IncreaseDecreaseInLeaseAcquisitionCosts
1200000 USD
CY2015 us-gaap Increase Decrease In Notes Receivable Related Parties
IncreaseDecreaseInNotesReceivableRelatedParties
23066000 USD
CY2016 us-gaap Increase Decrease In Notes Receivable Related Parties
IncreaseDecreaseInNotesReceivableRelatedParties
17410000 USD
CY2017 us-gaap Increase Decrease In Notes Receivable Related Parties
IncreaseDecreaseInNotesReceivableRelatedParties
30638000 USD
CY2015 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
5792000 USD
CY2016 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
8703000 USD
CY2017 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-1521000 USD
CY2015 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
6062000 USD
CY2016 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
2678000 USD
CY2017 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-199000 USD
CY2015 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
-401000 USD
CY2016 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
21919000 USD
CY2017 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
23126000 USD
CY2015 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
459000 shares
CY2016 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
283000 shares
CY2017 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
412000 shares
CY2016Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
1014000 USD
CY2017Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
1014000 USD
CY2016Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
106935000 USD
CY2017Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
103418000 USD
CY2016Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
15738000 USD
CY2017Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
14672000 USD
CY2015 us-gaap Interest Expense
InterestExpense
42833000 USD
CY2016 us-gaap Interest Expense
InterestExpense
44446000 USD
CY2017 us-gaap Interest Expense
InterestExpense
45039000 USD
CY2015 us-gaap Interest Paid Net
InterestPaidNet
40056000 USD
CY2016 us-gaap Interest Paid Net
InterestPaidNet
41992000 USD
CY2017 us-gaap Interest Paid Net
InterestPaidNet
42405000 USD
CY2016Q4 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
16593000 USD
CY2017Q4 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
16539000 USD
CY2015 us-gaap Investment Income Interest
InvestmentIncomeInterest
1580000 USD
CY2016 us-gaap Investment Income Interest
InvestmentIncomeInterest
3535000 USD
CY2017 us-gaap Investment Income Interest
InvestmentIncomeInterest
5920000 USD
CY2015 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
10500000 USD
CY2016 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
10900000 USD
CY2017 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
10900000 USD
CY2016Q4 us-gaap Liabilities
Liabilities
1163817000 USD
CY2017Q4 us-gaap Liabilities
Liabilities
1139709000 USD
CY2016Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
852468000 USD
CY2017Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
927607000 USD
CY2016Q4 us-gaap Liabilities Current
LiabilitiesCurrent
263668000 USD
CY2017Q4 us-gaap Liabilities Current
LiabilitiesCurrent
294497000 USD
CY2016Q4 us-gaap Liabilities Subject To Compromise Income Tax Contingencies
LiabilitiesSubjectToCompromiseIncomeTaxContingencies
3359000 USD
CY2017Q4 us-gaap Liabilities Subject To Compromise Income Tax Contingencies
LiabilitiesSubjectToCompromiseIncomeTaxContingencies
2903000 USD
CY2016Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
839409000 USD
CY2017Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
725292000 USD
CY2016Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
1195000 USD
CY2017Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
1232000 USD
CY2017Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
3712000 USD
CY2017Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
1232000 USD
CY2017Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
396057000 USD
CY2017Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
67936000 USD
CY2017Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
257089000 USD
CY2017Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
498000 USD
CY2015 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-84658000 USD
CY2016 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-44084000 USD
CY2017 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-135777000 USD
CY2015 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-99810000 USD
CY2016 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-98467000 USD
CY2017 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-90115000 USD
CY2015 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
165079000 USD
CY2016 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
152035000 USD
CY2017 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
257374000 USD
CY2015 us-gaap Net Income Loss
NetIncomeLoss
128029000 USD
CY2016Q1 us-gaap Net Income Loss
NetIncomeLoss
21163000 USD
CY2016Q2 us-gaap Net Income Loss
NetIncomeLoss
38822000 USD
CY2016Q3 us-gaap Net Income Loss
NetIncomeLoss
47565000 USD
CY2016Q4 us-gaap Net Income Loss
NetIncomeLoss
31821000 USD
CY2016 us-gaap Net Income Loss
NetIncomeLoss
139371000 USD
CY2017Q1 us-gaap Net Income Loss
NetIncomeLoss
28744000 USD
CY2017Q2 us-gaap Net Income Loss
NetIncomeLoss
44995000 USD
CY2017Q3 us-gaap Net Income Loss
NetIncomeLoss
47595000 USD
CY2017Q4 us-gaap Net Income Loss
NetIncomeLoss
-6441000 USD
CY2017 us-gaap Net Income Loss
NetIncomeLoss
114893000 USD
CY2015 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
127140000 USD
CY2016 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
138396000 USD
CY2017 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
114099000 USD
CY2015 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
127145000 USD
CY2016 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
138399000 USD
CY2017 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
114102000 USD
CY2015 us-gaap Noncash Or Part Noncash Acquisition Fixed Assets Acquired1
NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1
3717000 USD
CY2016 us-gaap Noncash Or Part Noncash Acquisition Fixed Assets Acquired1
NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1
3648000 USD
CY2017 us-gaap Noncash Or Part Noncash Acquisition Fixed Assets Acquired1
NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1
1099000 USD
CY2015 us-gaap Noncash Or Part Noncash Divestiture Amount Of Consideration Received1
NoncashOrPartNoncashDivestitureAmountOfConsiderationReceived1
0 USD
CY2016 us-gaap Noncash Or Part Noncash Divestiture Amount Of Consideration Received1
NoncashOrPartNoncashDivestitureAmountOfConsiderationReceived1
2350000 USD
CY2017 us-gaap Noncash Or Part Noncash Divestiture Amount Of Consideration Received1
NoncashOrPartNoncashDivestitureAmountOfConsiderationReceived1
0 USD
CY2015 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-41334000 USD
CY2016 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-38915000 USD
CY2017 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-40436000 USD
CY2015 us-gaap Notes Issued1
NotesIssued1
0 USD
CY2016 us-gaap Notes Issued1
NotesIssued1
0 USD
CY2017 us-gaap Notes Issued1
NotesIssued1
2000000 USD
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118481000 USD
CY2017Q4 us-gaap Notes Receivable Net
NotesReceivableNet
161897000 USD
CY2016Q4 us-gaap Notes Receivable Related Parties
NotesReceivableRelatedParties
125911000 USD
CY2017Q4 us-gaap Notes Receivable Related Parties
NotesReceivableRelatedParties
171100000 USD
CY2016Q4 us-gaap Notes Receivable Related Parties Current
NotesReceivableRelatedPartiesCurrent
7873000 USD
CY2017Q4 us-gaap Notes Receivable Related Parties Current
NotesReceivableRelatedPartiesCurrent
13904000 USD
CY2016Q4 us-gaap Notes Receivable Related Parties Noncurrent
NotesReceivableRelatedPartiesNoncurrent
110608000 USD
CY2017Q4 us-gaap Notes Receivable Related Parties Noncurrent
NotesReceivableRelatedPartiesNoncurrent
147993000 USD
CY2017Q3 us-gaap Officers Compensation
OfficersCompensation
12000000 USD
CY2015 us-gaap Operating Income Loss
OperatingIncomeLoss
225319000 USD
CY2016Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
42873000 USD
CY2016Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
64942000 USD
CY2016Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
78618000 USD
CY2016Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
52462000 USD
CY2016 us-gaap Operating Income Loss
OperatingIncomeLoss
238895000 USD
CY2017Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
52507000 USD
CY2017Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
77506000 USD
CY2017Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
77834000 USD
CY2017Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
56586000 USD
CY2017 us-gaap Operating Income Loss
OperatingIncomeLoss
264433000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
55440000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
12642000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
8728000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
8998000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
10112000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
11621000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
3339000 USD
CY2015 us-gaap Operating Leases Rent Expense Sublease Rentals1
OperatingLeasesRentExpenseSubleaseRentals1
300000 USD
CY2016 us-gaap Operating Leases Rent Expense Sublease Rentals1
OperatingLeasesRentExpenseSubleaseRentals1
300000 USD
CY2017 us-gaap Operating Leases Rent Expense Sublease Rentals1
OperatingLeasesRentExpenseSubleaseRentals1
300000 USD
CY2016Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
6514000 USD
CY2017Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
13697000 USD
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OtherAssetsCurrent
26885000 USD
CY2017Q4 us-gaap Other Assets Current
OtherAssetsCurrent
28241000 USD
CY2016Q4 us-gaap Other Assets Miscellaneous Current
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4675000 USD
CY2017Q4 us-gaap Other Assets Miscellaneous Current
OtherAssetsMiscellaneousCurrent
4762000 USD
CY2016Q4 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
6565000 USD
CY2017Q4 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
10195000 USD
CY2016Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
53657000 USD
CY2017Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
29479000 USD
CY2016 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-606000 USD
CY2017 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
2961000 USD
CY2015 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-2669000 USD
CY2016 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-606000 USD
CY2017 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
2961000 USD
CY2015 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-1807000 USD
CY2016 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
256000 USD
CY2017 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
3823000 USD
CY2015 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-1807000 USD
CY2016 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
256000 USD
CY2017 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
3823000 USD
CY2015 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
-862000 USD
CY2016 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
-862000 USD
CY2017 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
-862000 USD
CY2016Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
38853000 USD
CY2017Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
65274000 USD
CY2015 us-gaap Other Nonoperating Gains Losses
OtherNonoperatingGainsLosses
820000 USD
CY2016 us-gaap Other Nonoperating Gains Losses
OtherNonoperatingGainsLosses
1504000 USD
CY2017 us-gaap Other Nonoperating Gains Losses
OtherNonoperatingGainsLosses
3229000 USD
CY2015 us-gaap Other Sales Revenue Net
OtherSalesRevenueNet
17856000 USD
CY2016 us-gaap Other Sales Revenue Net
OtherSalesRevenueNet
23199000 USD
CY2017 us-gaap Other Sales Revenue Net
OtherSalesRevenueNet
34048000 USD
CY2015 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
889000 USD
CY2016 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
975000 USD
CY2017 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
794000 USD
CY2015 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Diluted
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted
884000 USD
CY2016 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Diluted
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted
972000 USD
CY2017 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Diluted
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted
791000 USD
CY2015 us-gaap Payments For Proceeds From Hedge Financing Activities
PaymentsForProceedsFromHedgeFinancingActivities
0 USD
CY2016 us-gaap Payments For Proceeds From Hedge Financing Activities
PaymentsForProceedsFromHedgeFinancingActivities
-550000 USD
CY2017 us-gaap Payments For Proceeds From Hedge Financing Activities
PaymentsForProceedsFromHedgeFinancingActivities
0 USD
CY2015 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-114000 USD
CY2016 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-11000 USD
CY2017 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-109000 USD
CY2015 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
72873000 USD
CY2016 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
35926000 USD
CY2017 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
9807000 USD
CY2015 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
2169000 USD
CY2016 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
284000 USD
CY2017 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
0 USD
CY2015 us-gaap Payments Of Dividends
PaymentsOfDividends
45214000 USD
CY2016 us-gaap Payments Of Dividends
PaymentsOfDividends
46182000 USD
CY2017 us-gaap Payments Of Dividends
PaymentsOfDividends
48651000 USD
CY2015 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
6400000 USD
CY2016 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
5800000 USD
CY2017 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
9600000 USD
CY2015 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
13269000 USD
CY2016 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
1341000 USD
CY2017 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 USD
CY2015 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
23737000 USD
CY2016 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
34661000 USD
CY2017 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
50554000 USD
CY2015 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
733000 USD
CY2016 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
2580000 USD
CY2017 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
2517000 USD
CY2015 us-gaap Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
36884000 USD
CY2016 us-gaap Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
32604000 USD
CY2017 us-gaap Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
19738000 USD
CY2015 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
27765000 USD
CY2016 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
25191000 USD
CY2017 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
23437000 USD
CY2015 us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
9200000 USD
CY2016 us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
28583000 USD
CY2017 us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
0 USD
CY2015 us-gaap Payments To Acquire Restricted Investments
PaymentsToAcquireRestrictedInvestments
3220000 USD
CY2016 us-gaap Payments To Acquire Restricted Investments
PaymentsToAcquireRestrictedInvestments
1661000 USD
CY2017 us-gaap Payments To Acquire Restricted Investments
PaymentsToAcquireRestrictedInvestments
2447000 USD
CY2016Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
22210000 USD
CY2017Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
16479000 USD
CY2015 us-gaap Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
4849000 USD
CY2016 us-gaap Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
11070000 USD
CY2017 us-gaap Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
655000 USD
CY2015 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
518000 USD
CY2016 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
3700000 USD
CY2017 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
4569000 USD
CY2015 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
176000 USD
CY2016 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
0 USD
CY2017 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
0 USD
CY2015 us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
158867000 USD
CY2016 us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
25795000 USD
CY2017 us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
-115003000 USD
CY2015 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
6347000 USD
CY2016 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
11462000 USD
CY2017 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
1000000 USD
CY2015 us-gaap Proceeds From Sale Of Restricted Investments
ProceedsFromSaleOfRestrictedInvestments
3170000 USD
CY2016 us-gaap Proceeds From Sale Of Restricted Investments
ProceedsFromSaleOfRestrictedInvestments
1911000 USD
CY2017 us-gaap Proceeds From Sale Of Restricted Investments
ProceedsFromSaleOfRestrictedInvestments
2245000 USD
CY2015 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
7056000 USD
CY2015 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
7100000 USD
CY2016 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
13000000 USD
CY2016 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
12951000 USD
CY2017 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
14107000 USD
CY2017 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
14100000 USD
CY2015 us-gaap Property Plant And Equipment Additions
PropertyPlantAndEquipmentAdditions
34660000 USD
CY2016 us-gaap Property Plant And Equipment Additions
PropertyPlantAndEquipmentAdditions
21967000 USD
CY2017 us-gaap Property Plant And Equipment Additions
PropertyPlantAndEquipmentAdditions
23524000 USD
CY2016Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
214520000 USD
CY2017Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
236729000 USD
CY2016Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
84061000 USD
CY2017Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
83374000 USD
CY2015 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
1704000 USD
CY2016 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
2151000 USD
CY2017 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
3440000 USD
CY2016Q4 us-gaap Real Estate Investments Unconsolidated Real Estate And Other Joint Ventures
RealEstateInvestmentsUnconsolidatedRealEstateAndOtherJointVentures
94839000 USD
CY2017Q4 us-gaap Real Estate Investments Unconsolidated Real Estate And Other Joint Ventures
RealEstateInvestmentsUnconsolidatedRealEstateAndOtherJointVentures
134226000 USD
CY2016Q4 us-gaap Receivables Net Current
ReceivablesNetCurrent
107336000 USD
CY2017Q4 us-gaap Receivables Net Current
ReceivablesNetCurrent
125452000 USD
CY2016 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-862000 USD
CY2017 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-862000 USD
CY2015 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
130501000 USD
CY2016 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
988000 USD
CY2017 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
660000 USD
CY2017Q4 us-gaap Restricted Investments Current
RestrictedInvestmentsCurrent
1700000 USD
CY2016Q4 us-gaap Restricted Investments Noncurrent
RestrictedInvestmentsNoncurrent
16975000 USD
CY2017Q4 us-gaap Restricted Investments Noncurrent
RestrictedInvestmentsNoncurrent
20838000 USD
CY2016Q4 us-gaap Restructuring Reserve Current
RestructuringReserveCurrent
4041000 USD
CY2017Q4 us-gaap Restructuring Reserve Current
RestructuringReserveCurrent
3333000 USD
CY2016Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
607560000 USD
CY2017Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
673771000 USD
CY2015 us-gaap Revenues
Revenues
859878000 USD
CY2016Q1 us-gaap Revenues
Revenues
207118000 USD
CY2016Q2 us-gaap Revenues
Revenues
241751000 USD
CY2016Q3 us-gaap Revenues
Revenues
267577000 USD
CY2016Q4 us-gaap Revenues
Revenues
208195000 USD
CY2016 us-gaap Revenues
Revenues
924641000 USD
CY2017Q1 us-gaap Revenues
Revenues
197898000 USD
CY2017Q2 us-gaap Revenues
Revenues
276799000 USD
CY2017Q3 us-gaap Revenues
Revenues
295088000 USD
CY2017Q4 us-gaap Revenues
Revenues
237571000 USD
CY2017 us-gaap Revenues
Revenues
1007356000 USD
CY2015 us-gaap Royalty Revenue
RoyaltyRevenue
301508000 USD
CY2016 us-gaap Royalty Revenue
RoyaltyRevenue
320547000 USD
CY2017 us-gaap Royalty Revenue
RoyaltyRevenue
345302000 USD
CY2015 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
134254000 USD
CY2016 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
148728000 USD
CY2017 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
163377000 USD
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
7600000 shares
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
900000 shares
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
991202 shares
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
816969 shares
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
1279500 shares
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
29.57
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
40.75
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
48.76
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
10500000 USD
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
12600000 USD
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
9200000 USD
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
0 shares
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
13620 shares
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
10133 shares
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
22850 shares
CY2014Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1903177 shares
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
2084201 shares
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
2100000 shares
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
2193502 shares
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
93638 shares
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
48951 shares
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
500000 shares
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
498911 shares
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
745769 shares
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
700000 shares
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
200000 shares
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
195652 shares
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
53000000 USD
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
2200000 shares
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1976326 shares
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
2000000 shares
CY2014Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
33.03
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
41.36
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
48.26
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
50.80
CY2015 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
23.91
CY2016 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
24.47
CY2017 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
39.88
CY2015 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
0.00
CY2016 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
57.62
CY2017 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
56.95
CY2015 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
55.44
CY2016 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
53.63
CY2017 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
54.12
CY2015 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
63.47
CY2016 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
51.49
CY2017 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
60.70
CY2017Q4 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Exercisable Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfExercisableOptions
1279500 shares
CY2017Q4 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Outstanding Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
1976326 shares
CY2017Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
36900000 USD
CY2015 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P2Y3M4D
CY2016 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P3Y3M4D
CY2017 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P3Y8M16D
CY2015 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P3Y11M13D
CY2016 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P4Y7M13D
CY2017 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P4Y1M7D
CY2017Q4 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Exercise Price1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageExercisePrice1
48.76
CY2017Q4 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Exercise Price Beginning Balance1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageExercisePriceBeginningBalance1
50.80
CY2017 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageRemainingContractualTerm2
P4Y1M7D
CY2015 us-gaap Shares Paid For Tax Withholding For Share Based Compensation
SharesPaidForTaxWithholdingForShareBasedCompensation
106405 shares
CY2016 us-gaap Shares Paid For Tax Withholding For Share Based Compensation
SharesPaidForTaxWithholdingForShareBasedCompensation
127036 shares
CY2017 us-gaap Shares Paid For Tax Withholding For Share Based Compensation
SharesPaidForTaxWithholdingForShareBasedCompensation
154950 shares
CY2015 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
295037 shares
CY2015 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
300000 shares
CY2016 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
500000 shares
CY2016 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
529210 shares
CY2017 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
353744 shares
CY2017 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
400000 shares
us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
48700000 shares
CY2016 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
600000 shares
CY2017 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
3100 shares
us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
1300000000 USD
CY2016 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
30100000 USD
CY2017 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
200000 USD
CY2014Q4 us-gaap Stockholders Equity
StockholdersEquity
-428801000 USD
CY2015Q4 us-gaap Stockholders Equity
StockholdersEquity
-395899000 USD
CY2016Q4 us-gaap Stockholders Equity
StockholdersEquity
-311349000 USD
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
-212102000 USD
CY2005Q4 us-gaap Stockholders Equity Note Stock Split Conversion Ratio1
StockholdersEquityNoteStockSplitConversionRatio1
2
CY2015 us-gaap Stockholders Equity Other
StockholdersEquityOther
-1197000 USD
CY2015 us-gaap Trading Securities Realized Gain Loss
TradingSecuritiesRealizedGainLoss
-500000 USD
CY2016 us-gaap Trading Securities Realized Gain Loss
TradingSecuritiesRealizedGainLoss
1500000 USD
CY2017 us-gaap Trading Securities Realized Gain Loss
TradingSecuritiesRealizedGainLoss
3200000 USD
CY2016Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
38765689 shares
CY2017Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
38385670 shares
CY2016Q4 us-gaap Treasury Stock Value
TreasuryStockValue
1070383000 USD
CY2017Q4 us-gaap Treasury Stock Value
TreasuryStockValue
1064573000 USD
CY2015 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
72873000 USD
CY2016 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
35926000 USD
CY2017 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
9807000 USD
CY2017Q4 us-gaap Undistributed Earnings Of Foreign Subsidiaries
UndistributedEarningsOfForeignSubsidiaries
288000000 USD
CY2014Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
3395000 USD
CY2015Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
3137000 USD
CY2016Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
2691000 USD
CY2016Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
2700000 USD
CY2017Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
2284000 USD
CY2017 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
16000 USD
CY2016Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
700000 USD
CY2017Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
600000 USD
CY2015 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
772000 USD
CY2016 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
181000 USD
CY2017 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
138000 USD
CY2015 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
116000 USD
CY2016 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
580000 USD
CY2015 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
1146000 USD
CY2016 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
1207000 USD
CY2017 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
529000 USD
CY2017Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
1300000 USD
CY2015 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
57273000 shares
CY2016 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
56155000 shares
CY2017 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
56526000 shares
CY2015 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
56814000 shares
CY2016 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
55872000 shares
CY2017 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
56114000 shares
CY2017 us-gaap Description Of New Accounting Pronouncements Not Yet Adopted
DescriptionOfNewAccountingPronouncementsNotYetAdopted
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Future Adoption of Accounting Standards</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-bottom:10px;text-align:left;text-indent:36px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In May 2014, the FASB issued ASU No. 2014-09, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Revenue From Contracts with Customers</font><font style="font-family:inherit;font-size:10pt;"> (Topic 606) ("ASU No. 2014-09") and issued subsequent amendments to the initial guidance at various points of 2015 and 2016 within ASU No. 2015-14, ASU No. 2016-08, ASU No. 2016-10, ASU No. 2016-12, and ASU No. 2016-20 (these ASUs collectively referred to as "Topic 606"). Topic 606 impacts virtually all aspects of an entity's revenue recognition and supersedes the revenue recognition requirements in Topic 605, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Revenue Recognition</font><font style="font-family:inherit;font-size:10pt;">, as well as most industry-specific guidance. Topic 606 significantly enhances comparability of revenue recognition practices across entities and industries by providing a principles-based, comprehensive framework for addressing revenue recognition issues. In order for a provider of promised goods or services to recognize as revenue the consideration that it expects to receive in exchange for the promised goods or services, the provider should apply the following five steps: (1) identify the contract with a customer(s); (2) identify the performance obligations in the contract; (3) determine the transaction price; (4) allocate the transaction price to the performance obligations in the contract; and (5) recognize revenue when (or as) the entity satisfies a performance obligation. Topic 606 also specifies the accounting for some costs to obtain or fulfill a contract with a customer and provides enhanced disclosure requirements. Topic 606 is effective for annual reporting periods beginning after December 15, 2017, including interim periods within that reporting period. The guidance permits the retrospective or modified retrospective method when adopting Topic 606. The Company intends to adopt the standard in the annual period beginning January 1, 2018, under the full retrospective method of adoption. Based on management's current assessment, the Company expects the following impacts upon adoption of the standard: </font></div><div style="line-height:120%;padding-bottom:10px;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company determined royalties earned in exchange for a license to brand intellectual property on franchise agreements will be recognized in revenue over time typically after the occurrence of a completed stay, which is consistent with current practice. </font></div><div style="line-height:120%;padding-bottom:10px;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company determined initial and relicensing fees earned upon execution of a franchise agreement will be recognized as revenue ratably as services are provided over the enforceable period of the franchise license arrangement, rather than upon contract execution. Similarly, the Company determined sales commissions, which are paid upon the execution of a franchise agreement, will no longer be recognized in full in the period the agreement is executed but will be recognized ratably over the estimated time the hotel will remain in the franchise system. This change is expected to reduce initial and relicensing fee revenues and SG&amp;A expense by approximately </font><font style="font-family:inherit;font-size:10pt;">$3.5 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$4.8 million</font><font style="font-family:inherit;font-size:10pt;">, respectively, and increase operating income by approximately </font><font style="font-family:inherit;font-size:10pt;">$1.3 million</font><font style="font-family:inherit;font-size:10pt;"> for the year ended December 31, 2017. </font></div><div style="line-height:120%;padding-bottom:10px;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Certain franchise incentive payments, which are paid prior to or after a hotel opening, will be recognized as contract acquisition costs ratably over the estimated time the hotel will remain in the franchise system rather than over the term of the forgivable promissory note. In addition, the amortization of these contract acquisition costs will be recognized as a reduction to revenue instead of amortization expense. This change is expected to reduce royalty revenues and marketing and reservation system revenues by approximately </font><font style="font-family:inherit;font-size:10pt;">$4.1 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$3.1 million</font><font style="font-family:inherit;font-size:10pt;">, respectively, for the year ended December 31, 2017. Furthermore, depreciation and amortization and marketing and reservation system expenses are expected to be reduced by approximately </font><font style="font-family:inherit;font-size:10pt;">$5.8 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$4.3 million</font><font style="font-family:inherit;font-size:10pt;">, respectively for the year ended December 31, 2017.</font></div><div style="line-height:120%;padding-bottom:10px;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company operates a marketing and reservation system fund on behalf of its franchisees. The Company records surpluses and deficits from the marketing and reservations system activities by recognizing assets and liabilities on the Company's balance sheet. The Company has determined that upon adoption of Topic 606, the Company will record surpluses and deficits generated by marketing and reservation activities within the income statement. Over time, the Company expects cumulative revenues and expenses to break even. However, the Company does not expect that marketing and reservation activities will break even on a quarterly or annual basis. As a result, the net income or loss may be generated from marketing and reservation activities. </font></div><div style="line-height:120%;padding-bottom:10px;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Revenue related to the Choice Privileges program, which is reported as a component of marketing and reservation system fees, will be recognized upon point redemption, net of any reward reimbursement paid to a third party. This is a change from the Company&#8217;s current practice of recognizing revenue on a gross basis at the time points are issued with a corresponding accrual of the expected future costs of the reward. </font></div><div style="line-height:120%;padding-bottom:10px;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">We are still assessing the impacts that these changes will have on the Company's marketing and reservation system revenues and expenses for the year ended December 31, 2017.</font></div><div style="line-height:120%;padding-bottom:10px;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In February 2016, the FASB issued ASU No. 2016-02, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Leases (Topic 842)</font><font style="font-family:inherit;font-size:10pt;"> ("ASU No. 2016-02"). ASU No. 2016-02 requires lessees to recognize most leases on their balance sheet by recording a liability for its lease obligation and an asset for its right to use the underlying asset as of the lease commencement date. The standard requires entities to determine whether an arrangement contains a lease or a service agreement as the accounting treatment is significantly different between the two arrangements. The standard also requires the lessee to evaluate whether a lease is a financing lease or an operating lease as the accounting and presentation guidance between the two are different. ASU No. 2016-02 also modifies the classification criteria and accounting for sales-type and direct financing leases for lessors. The new standard is effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. Early adoption is permitted. The Company is currently assessing the potential impact that ASU No. 2016-02 will have on the financial statements and disclosures.</font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In June 2016, the FASB issued ASU 2016-13, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Financial Instruments - Credit Losses (Topic 326)</font><font style="font-family:inherit;font-size:10pt;"> ("ASU No. 2016-13"), which will require the measurement of all expected credit losses for financial assets held at the reporting date based on historical experience, current conditions, and reasonable and supportable forecasts. The guidance is effective for annual reporting periods beginning after December 15, 2019 and interim periods within those fiscal years. The Company is currently assessing the potential impact that ASU No. 2016-13 will have on its consolidated financial position and results of operations.</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In August 2016, the FASB issued ASU 2016-15, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Statement of Cash Flows - Classification of Certain Cash Receipts and Cash Payments</font><font style="font-family:inherit;font-size:10pt;"> ("ASU No. 2016-15"). ASU No. 2016-15 provides additional guidance on eight specific cash flow issues, such as the classification of debt prepayments or extinguishment costs, contingent consideration payments made after a business combination, and distributions received from equity method investees. The guidance is effective for annual reporting periods beginning after December 15, 2017 and interim periods within those fiscal years. Early adoption is permitted. The Company is currently assessing the potential impact that ASU No. 2016-15 will have on the financial statements and disclosures.</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In November 2016, the FASB issued ASU 2016-18, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Statement of Cash Flows (Topic 230) Restricted Cash</font><font style="font-family:inherit;font-size:10pt;"> ("ASU 2016-18"). ASU 216-18 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. Therefore, 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. The guidance is effective for public business entities for fiscal years beginning after December 15, 2017, and interim periods within those fiscal years. The Company is currently assessing the potential impact that ASU No. 2016-18 will have on the financial statements and disclosures.</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In January 2017, the FASB issued ASU No. 2017-04, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Intangibles-Goodwill and Other (Topic 350) Simplifying the Test for Goodwill Impairment ("</font><font style="font-family:inherit;font-size:10pt;">ASU No. 2017-04</font><font style="font-family:inherit;font-size:10pt;font-style:italic;">")</font><font style="font-family:inherit;font-size:10pt;">. ASU 2017-04 eliminates the two-step process that required identification of potential impairment and a separate measure of the actual impairment. The annual assessment of goodwill impairment will be determined by using the difference between the carrying amount and the fair value of the reporting unit. The guidance is effective for public business entities for fiscal years beginning after December 15, 2019 and interim periods within those fiscal years. The Company is currently assessing the potential impact that ASU No. 2017-04 will have on the financial statements and disclosures.</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In February 2017, the FASB issued ASU No. 2017-05, </font><font style="font-family:inherit;font-size:10pt;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&#160;("</font><font style="font-family:inherit;font-size:10pt;">ASU No. 2017-05</font><font style="font-family:inherit;font-size:10pt;font-style:italic;">"). </font><font style="font-family:inherit;font-size:10pt;">This ASU clarifies the scope and accounting of a financial asset that meets the definition of an &#8220;in-substance nonfinancial asset&#8221; and defines the term &#8220;in-substance nonfinancial asset.&#8221;&#160; This ASU also adds guidance for partial sales of nonfinancial assets.&#160; ASU 2017-05 will be effective for fiscal years beginning after December 15, 2017, including interim reporting periods within that reporting period.&#160; The Company is assessing the potential impact that ASU 2017-05 will have on the financial statements and disclosures. </font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In May 2017, the FASB issued ASU 2017-09,</font><font style="font-family:inherit;font-size:10pt;font-style:italic;">&#160;Compensation - Stock Compensation: Scope of Modification Accounting</font><font style="font-family:inherit;font-size:10pt;">, which clarifies when changes to the terms or conditions of a share-based payment award must be accounted for as modifications. Under the new guidance, modification accounting is required only if the fair value, the vesting conditions, or the classification of the award changes as a result of the change in terms or conditions. ASU 2017-09 will be applied prospectively to awards modified on or after the adoption date. The standard is effective for the Company&#8217;s financial statements issued for fiscal years beginning after December 15, 2017, and interim periods within those fiscal years. Early adoption is permitted. The Company is currently evaluating the impact that the adoption of this ASU will have on the financial statements and disclosures.</font></div></div>
CY2017 us-gaap Guarantees Indemnifications And Warranties Policies
GuaranteesIndemnificationsAndWarrantiesPolicies
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:18px;text-indent:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Guarantees</font></div><div style="line-height:120%;padding-top:6px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company has historically issued certain guarantees to support the growth of its brands. A liability is recognized for the fair value of such guarantees upon inception of the guarantee and upon any subsequent modification, such as renewals, when the Company remains contingently liable.&#160;The fair value of a guarantee is the estimated amount at which the liability could be settled in a current transaction between willing unrelated parties.&#160;The Company evaluates these guarantees on a quarterly basis to determine if there is a probable loss requiring recognition.</font></div><div style="line-height:120%;padding-top:18px;text-indent:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;"></font></div></div>

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