2018 Form 10-K Financial Statement

#000122765419000037 Filed on March 01, 2019

View on sec.gov

Income Statement

Concept 2018 2017 Q4 2017 Q3
Revenue $1.494B $457.9M $290.7M
YoY Change 9.47% 3.32% 61.86%
Cost Of Revenue $1.200B $333.9M $214.6M
YoY Change 15.6% 0.33% 59.67%
Gross Profit $293.9M $124.0M $76.10M
YoY Change -10.01% 12.32% 68.36%
Gross Profit Margin 19.68% 27.08% 26.18%
Selling, General & Admin $163.6M $43.60M $44.70M
YoY Change -2.27% -3.33% 73.93%
% of Gross Profit 55.67% 35.16% 58.74%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $136.9M $33.10M $32.70M
YoY Change 12.03% 19.93% 50.0%
% of Gross Profit 46.58% 26.69% 42.97%
Operating Expenses $163.6M $43.60M $44.70M
YoY Change -2.27% -3.33% 73.93%
Operating Profit $130.3M $80.40M $31.40M
YoY Change -18.15% 23.12% 61.03%
Interest Expense $62.50M -$13.20M $13.50M
YoY Change 18.15% -131.21% 150.0%
% of Operating Profit 47.97% -16.42% 42.99%
Other Income/Expense, Net $8.800M -$3.900M $1.200M
YoY Change -300.0% -880.0% -180.0%
Pretax Income $77.60M $63.30M $19.50M
YoY Change -24.44% -41.44% 59.84%
Income Tax $8.800M $20.90M -$12.50M
% Of Pretax Income 11.34% 33.02% -64.1%
Net Earnings $68.80M -$4.400M $32.00M
YoY Change 61.12% -104.51% 251.65%
Net Earnings / Revenue 4.61% -0.96% 11.01%
Basic Earnings Per Share $2.02 -$0.13 $0.94
Diluted Earnings Per Share $2.02 -$0.13 $0.94
COMMON SHARES
Basic Shares Outstanding 33.85M shares 33.83M shares 33.83M shares
Diluted Shares Outstanding 33.85M shares 33.83M shares 33.83M shares

Balance Sheet

Concept 2018 2017 Q4 2017 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $27.00M $36.60M $39.10M
YoY Change -26.23% -52.71% -90.95%
Cash & Equivalents $27.00M $36.60M $39.10M
Short-Term Investments
Other Short-Term Assets $116.0M $66.50M $47.40M
YoY Change 74.44% 84.21% 15.89%
Inventory $266.6M $289.9M $336.0M
Prepaid Expenses
Receivables $311.6M $344.5M $209.6M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $721.2M $737.5M $632.1M
YoY Change -2.21% 3.15% -26.57%
LONG-TERM ASSETS
Property, Plant & Equipment $1.052B $1.138B $1.140B
YoY Change -7.57% 4.19% 25.61%
Goodwill $405.0M $421.6M
YoY Change -1.75% 595.71%
Intangibles $143.6M $150.9M
YoY Change -8.88% 77.11%
Long-Term Investments $24.50M $24.60M $24.70M
YoY Change -0.41% -1.2% -80.63%
Other Assets $103.5M $122.2M $77.50M
YoY Change -15.3% 89.46% 27.68%
Total Long-Term Assets $1.647B $1.834B $1.815B
YoY Change -10.19% 4.68% 46.16%
TOTAL ASSETS
Total Short-Term Assets $721.2M $737.5M $632.1M
Total Long-Term Assets $1.647B $1.834B $1.815B
Total Assets $2.368B $2.571B $2.447B
YoY Change -7.9% 4.24% 16.38%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $111.3M $123.5M $94.60M
YoY Change -9.88% 22.52% 81.23%
Accrued Expenses $96.40M $54.40M $70.20M
YoY Change 12.75% -48.34% 31.46%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $43.50M $32.10M $55.40M
YoY Change 35.51% -75.35% 551.76%
Total Short-Term Liabilities $283.3M $268.0M $251.0M
YoY Change 5.71% -27.96% 86.9%
LONG-TERM LIABILITIES
Long-Term Debt $1.321B $1.330B $1.274B
YoY Change -0.69% 11.35% 5.82%
Other Long-Term Liabilities $122.4M $151.0M $49.90M
YoY Change -18.94% 191.51% 87.59%
Total Long-Term Liabilities $1.444B $1.481B $1.324B
YoY Change -2.55% 18.84% 7.59%
TOTAL LIABILITIES
Total Short-Term Liabilities $283.3M $268.0M $251.0M
Total Long-Term Liabilities $1.444B $1.481B $1.324B
Total Liabilities $1.828B $1.749B $1.575B
YoY Change -2.6% 8.08% 15.39%
SHAREHOLDERS EQUITY
Retained Earnings $672.5M $701.3M
YoY Change -7.56% 7.31%
Common Stock $102.9M $101.6M
YoY Change 5.54% 5.39%
Preferred Stock
YoY Change
Treasury Stock (at cost) $2.900M $2.900M
YoY Change -3.33% -3.33%
Treasury Stock Shares 1.540M shares 1.540M shares
Shareholders Equity $540.2M $694.6M $748.0M
YoY Change
Total Liabilities & Shareholders Equity $2.368B $2.571B $2.447B
YoY Change -7.9% 4.24% 16.38%

Cashflow Statement

Concept 2018 2017 Q4 2017 Q3
OPERATING ACTIVITIES
Net Income $68.80M -$4.400M $32.00M
YoY Change 61.12% -104.51% 251.65%
Depreciation, Depletion And Amortization $136.9M $33.10M $32.70M
YoY Change 12.03% 19.93% 50.0%
Cash From Operating Activities $182.3M $24.50M -$16.50M
YoY Change 20.57% -59.3% -61.45%
INVESTING ACTIVITIES
Capital Expenditures -$96.80M -$33.10M -$25.40M
YoY Change -15.16% -1.19% -52.88%
Acquisitions $0.00
YoY Change
Other Investing Activities $2.800M -$1.100M -$1.100M
YoY Change -42.86% -99.6% -21.43%
Cash From Investing Activities -$99.60M -$34.20M -$26.50M
YoY Change -16.3% -89.02% -52.08%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $68.10M
YoY Change -44.99%
Cash From Financing Activities -$85.90M 9.300M 47.80M
YoY Change 17.03% -109.2% -89.08%
NET CHANGE
Cash From Operating Activities $182.3M 24.50M -16.50M
Cash From Investing Activities -$99.60M -34.20M -26.50M
Cash From Financing Activities -$85.90M 9.300M 47.80M
Net Change In Cash -$9.600M -400.0K 4.800M
YoY Change -76.47% -99.89% -98.59%
FREE CASH FLOW
Cash From Operating Activities $182.3M $24.50M -$16.50M
Capital Expenditures -$96.80M -$33.10M -$25.40M
Free Cash Flow $279.1M $57.60M $8.900M
YoY Change 5.2% -38.53% -19.82%

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CY2018Q4 us-gaap Commitments And Contingencies
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USD
CY2016 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
2.78
CY2017 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
2.88
CY2018 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
2.88
CY2018 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
2.88
CY2017Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2018Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2017Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
200000000 shares
CY2018Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
200000000 shares
CY2017Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
35367264 shares
CY2018Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
35367264 shares
CY2017Q4 us-gaap Common Stock Value
CommonStockValue
400000 USD
CY2018Q4 us-gaap Common Stock Value
CommonStockValue
400000 USD
CY2016 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
166100000 USD
CY2017 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
69700000 USD
CY2018 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-64000000 USD
CY2016 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
27600000 USD
CY2017 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
500000 USD
CY2018 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
8100000 USD
CY2016 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
11600000 USD
CY2017 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
85800000 USD
CY2018 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
13100000 USD
CY2016 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
45900000 USD
CY2017 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
76500000 USD
CY2018 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
25500000 USD
CY2016 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
6700000 USD
CY2017 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
-9800000 USD
CY2018 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
4300000 USD
CY2017Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
1369200000 USD
CY2018Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
1371400000 USD
CY2017Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
6700000 USD
CY2018Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
6700000 USD
CY2016 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-2800000 USD
CY2017 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-4400000 USD
CY2018 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-8600000 USD
CY2016 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-7800000 USD
CY2017 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-11600000 USD
CY2018 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-7600000 USD
CY2016 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-11300000 USD
CY2017 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-16500000 USD
CY2018 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-16700000 USD
CY2017Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
140100000 USD
CY2018Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
115000000 USD
CY2017Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
127000000 USD
CY2018Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
100800000 USD
CY2016 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-700000 USD
CY2017 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-500000 USD
CY2018 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-500000 USD
CY2017Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
10200000 USD
CY2018Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
3500000 USD
CY2017Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
127000000 USD
CY2018Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
100800000 USD
CY2017Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
42000000 USD
CY2018Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
32700000 USD
CY2017Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
98100000 USD
CY2018Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
82300000 USD
CY2017 us-gaap Defined Benefit Plan Actual Return On Plan Assets
DefinedBenefitPlanActualReturnOnPlanAssets
2700000 USD
CY2018 us-gaap Defined Benefit Plan Actual Return On Plan Assets
DefinedBenefitPlanActualReturnOnPlanAssets
-2300000 USD
CY2017 us-gaap Defined Benefit Plan Actuarial Gain Loss
DefinedBenefitPlanActuarialGainLoss
-200000 USD
CY2018 us-gaap Defined Benefit Plan Actuarial Gain Loss
DefinedBenefitPlanActuarialGainLoss
3700000 USD
CY2016 us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
-400000 USD
CY2017 us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
-400000 USD
CY2018 us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
-300000 USD
CY2016 us-gaap Defined Benefit Plan Amortization Of Prior Service Cost Credit
DefinedBenefitPlanAmortizationOfPriorServiceCostCredit
-100000 USD
CY2017 us-gaap Defined Benefit Plan Amortization Of Prior Service Cost Credit
DefinedBenefitPlanAmortizationOfPriorServiceCostCredit
-100000 USD
CY2018 us-gaap Defined Benefit Plan Amortization Of Prior Service Cost Credit
DefinedBenefitPlanAmortizationOfPriorServiceCostCredit
-100000 USD
CY2016 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Discount Rate
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostDiscountRate
0.0380
CY2017 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Discount Rate
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostDiscountRate
0.0280
CY2018 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Discount Rate
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostDiscountRate
0.0290
CY2017 us-gaap Defined Benefit Plan Foreign Currency Exchange Rate Changes Benefit Obligation
DefinedBenefitPlanForeignCurrencyExchangeRateChangesBenefitObligation
-5900000 USD
CY2018 us-gaap Defined Benefit Plan Foreign Currency Exchange Rate Changes Benefit Obligation
DefinedBenefitPlanForeignCurrencyExchangeRateChangesBenefitObligation
3700000 USD
CY2017Q4 us-gaap Defined Benefit Plan Funded Status Of Plan
DefinedBenefitPlanFundedStatusOfPlan
2100000 USD
CY2016 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Expected Long Term Return On Assets
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostExpectedLongTermReturnOnAssets
0.0450
CY2017 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Expected Long Term Return On Assets
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostExpectedLongTermReturnOnAssets
0.0370
CY2018 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Expected Long Term Return On Assets
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostExpectedLongTermReturnOnAssets
0.0370
CY2016Q4 us-gaap Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
61700000 USD
CY2017Q4 us-gaap Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
67000000 USD
CY2018Q4 us-gaap Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
58600000 USD
CY2017 us-gaap Defined Benefit Plan Benefit Obligation Benefits Paid
DefinedBenefitPlanBenefitObligationBenefitsPaid
2600000 USD
CY2018 us-gaap Defined Benefit Plan Benefit Obligation Benefits Paid
DefinedBenefitPlanBenefitObligationBenefitsPaid
2900000 USD
CY2017 us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
800000 USD
CY2018 us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
700000 USD
CY2018Q4 us-gaap Defined Benefit Plan Expected Amortization Next Fiscal Year
DefinedBenefitPlanExpectedAmortizationNextFiscalYear
400000 USD
CY2018Q4 us-gaap Defined Benefit Plan Expected Amortization Of Gain Loss Next Fiscal Year
DefinedBenefitPlanExpectedAmortizationOfGainLossNextFiscalYear
-500000 USD
CY2018Q4 us-gaap Defined Benefit Plan Expected Amortization Of Prior Service Cost Credit Next Fiscal Year
DefinedBenefitPlanExpectedAmortizationOfPriorServiceCostCreditNextFiscalYear
100000 USD
CY2018Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Five Fiscal Years Thereafter
DefinedBenefitPlanExpectedFutureBenefitPaymentsFiveFiscalYearsThereafter
17300000 USD
CY2018Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Next Twelve Months
DefinedBenefitPlanExpectedFutureBenefitPaymentsNextTwelveMonths
2800000 USD
CY2018Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Five
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFive
3200000 USD
CY2018Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Four
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFour
3100000 USD
CY2018Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Three
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearThree
3000000 USD
CY2018Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Two
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearTwo
2900000 USD
CY2018Q4 us-gaap Defined Benefit Plan Expected Future Employer Contributions Next Fiscal Year
DefinedBenefitPlanExpectedFutureEmployerContributionsNextFiscalYear
1700000 USD
CY2016 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
2800000 USD
CY2017 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
2400000 USD
CY2018 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
2500000 USD
CY2016Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
62300000 USD
CY2017Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
69100000 USD
CY2018Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
60700000 USD
CY2018Q4 us-gaap Defined Benefit Plan Funded Status Of Plan
DefinedBenefitPlanFundedStatusOfPlan
2100000 USD
CY2016 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
2300000 USD
CY2017 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
1800000 USD
CY2018 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
1600000 USD
CY2016 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
-200000 USD
CY2017 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
-300000 USD
CY2018 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
-700000 USD
CY2017 us-gaap Defined Benefit Plan Plan Amendments
DefinedBenefitPlanPlanAmendments
0 USD
CY2018 us-gaap Defined Benefit Plan Plan Amendments
DefinedBenefitPlanPlanAmendments
300000 USD
CY2017 us-gaap Defined Benefit Plan Plan Assets Benefits Paid
DefinedBenefitPlanPlanAssetsBenefitsPaid
2600000 USD
CY2018 us-gaap Defined Benefit Plan Plan Assets Benefits Paid
DefinedBenefitPlanPlanAssetsBenefitsPaid
2900000 USD
CY2017 us-gaap Defined Benefit Plan Plan Assets Foreign Currency Translation Gain Loss
DefinedBenefitPlanPlanAssetsForeignCurrencyTranslationGainLoss
5900000 USD
CY2018 us-gaap Defined Benefit Plan Plan Assets Foreign Currency Translation Gain Loss
DefinedBenefitPlanPlanAssetsForeignCurrencyTranslationGainLoss
-3900000 USD
CY2017Q4 us-gaap Defined Benefit Plan Weighted Average Asset Allocations
DefinedBenefitPlanWeightedAverageAssetAllocations
1
CY2018Q4 us-gaap Defined Benefit Plan Weighted Average Asset Allocations
DefinedBenefitPlanWeightedAverageAssetAllocations
1
CY2016 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
10900000 USD
CY2017 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
13100000 USD
CY2018 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
12600000 USD
CY2016 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
90300000 USD
CY2017 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
122200000 USD
CY2018 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
136900000 USD
CY2017Q4 us-gaap Derivative Assets
DerivativeAssets
1300000 USD
CY2018Q4 us-gaap Derivative Assets
DerivativeAssets
4500000 USD
CY2017Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
1400000 USD
CY2018Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
600000 USD
CY2016 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
94100000 USD
CY2017 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
97500000 USD
CY2018 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
97700000 USD
CY2016 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
4.79
CY2017Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.63
CY2017Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.19
CY2017Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.94
CY2017Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.13
CY2017 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.25
CY2018Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.37
CY2018Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.23
CY2018Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.37
CY2018Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.50
CY2018 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.02
CY2016 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
4.79
CY2017Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.63
CY2017Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.19
CY2017Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.94
CY2017Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.13
CY2017 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.25
CY2018Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.37
CY2018Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.23
CY2018Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.37
CY2018Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.50
CY2018 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.02
CY2016 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
4900000 USD
CY2017 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
4700000 USD
CY2018 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-14800000 USD
CY2016 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.18
CY2017 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.58
CY2018 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.11
CY2016 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35
CY2017 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.327
CY2018 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2017Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
23900000 USD
CY2018Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
31800000 USD
CY2018Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
4700000 USD
CY2018 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P2Y2M12D
CY2017Q4 us-gaap Equity Method Investments
EquityMethodInvestments
24600000 USD
CY2018Q4 us-gaap Equity Method Investments
EquityMethodInvestments
24500000 USD
CY2016 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
-200000 USD
CY2017 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
0 USD
CY2018 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
0 USD
CY2017 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Earnings1
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1
1200000 USD
CY2018 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Earnings1
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1
-700000 USD
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
73700000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
143900000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
158200000 USD
CY2017 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Other Comprehensive Income Loss
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss
300000 USD
CY2018 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Other Comprehensive Income Loss
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss
-800000 USD
CY2016Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
11900000 USD
CY2017Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
13400000 USD
CY2018Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
11900000 USD
CY2017Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
44300000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
55000000 USD
CY2017Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
169600000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
152700000 USD
CY2017Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
125300000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
97700000 USD
CY2018 us-gaap Finite Lived Intangible Assets Remaining Amortization Period1
FiniteLivedIntangibleAssetsRemainingAmortizationPeriod1
P5Y
CY2016 us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
-100000 USD
CY2017 us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
-7100000 USD
CY2018 us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
5800000 USD
CY2018 us-gaap Foreign Earnings Repatriated
ForeignEarningsRepatriated
150000000 USD
CY2016 us-gaap Gain On Business Interruption Insurance Recovery
GainOnBusinessInterruptionInsuranceRecovery
59300000 USD
CY2017 us-gaap Gain On Business Interruption Insurance Recovery
GainOnBusinessInterruptionInsuranceRecovery
0 USD
CY2018 us-gaap Gain On Business Interruption Insurance Recovery
GainOnBusinessInterruptionInsuranceRecovery
0 USD
CY2016 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-700000 USD
CY2017 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
CY2018 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
CY2017Q4 us-gaap Goodwill
Goodwill
405000000 USD
CY2018Q4 us-gaap Goodwill
Goodwill
350800000 USD
CY2016 us-gaap Gross Profit
GrossProfit
299500000 USD
CY2017Q1 us-gaap Gross Profit
GrossProfit
81600000 USD
CY2017Q2 us-gaap Gross Profit
GrossProfit
44900000 USD
CY2017Q3 us-gaap Gross Profit
GrossProfit
76100000 USD
CY2017Q4 us-gaap Gross Profit
GrossProfit
124000000 USD
CY2017 us-gaap Gross Profit
GrossProfit
326600000 USD
CY2018Q1 us-gaap Gross Profit
GrossProfit
65400000 USD
CY2018Q2 us-gaap Gross Profit
GrossProfit
42500000 USD
CY2018Q3 us-gaap Gross Profit
GrossProfit
71400000 USD
CY2018Q4 us-gaap Gross Profit
GrossProfit
114600000 USD
CY2018 us-gaap Gross Profit
GrossProfit
293900000 USD
CY2018Q4 us-gaap Guarantee Obligations Maximum Exposure
GuaranteeObligationsMaximumExposure
181400000 USD
CY2016 us-gaap Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
3100000 USD
CY2017 us-gaap Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
0 USD
CY2018 us-gaap Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
0 USD
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
123600000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-41200000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-80600000 USD
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
197300000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
102700000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
77600000 USD
CY2017 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
5900000 USD
CY2016 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
800000 USD
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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3900000 USD
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800000 USD
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2100000 USD
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100000 USD
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100000 USD
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200000 USD
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4700000 USD
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0 USD
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182200000 USD
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96800000 USD
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2100000 USD
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2100000 USD
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457400000 USD
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700000 USD
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us-gaap Proceeds From Sale And Collection Of Receivables
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11900000 USD
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4000 shares
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1000 shares
CY2018 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
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CY2018 us-gaap Concentration Risk Credit Risk
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<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Concentration of Credit Risk:</font></div><div style="line-height:120%;text-align:justify;text-indent:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company sells its salt and magnesium chloride products to various governmental agencies, manufacturers, distributors and retailers primarily in the Midwestern U.S. and throughout Canada and the U.K.&#160;The Company&#8217;s plant nutrition products are sold across the Western Hemisphere and globally. No single customer or group of affiliated customers accounted for more than </font><font style="font-family:inherit;font-size:10pt;">10%</font><font style="font-family:inherit;font-size:10pt;"> of the Company&#8217;s sales in any year during the three-year period ended </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2018</font><font style="font-family:inherit;font-size:10pt;">, or more than </font><font style="font-family:inherit;font-size:10pt;">10%</font><font style="font-family:inherit;font-size:10pt;"> of accounts receivable at </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2018</font><font style="font-family:inherit;font-size:10pt;"> or </font><font style="font-family:inherit;font-size:10pt;">2017</font><font style="font-family:inherit;font-size:10pt;">.</font></div></div>
CY2018 us-gaap Nature Of Operations
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<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">ORGANIZATION AND FORMATION</font></div><div style="line-height:120%;text-align:left;"><hr></hr></div><div style="line-height:120%;text-align:justify;text-indent:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Compass Minerals International, Inc. (&#8220;CMI&#8221;), through its subsidiaries (collectively, &#8220;CMP,&#8221; &#8220;Compass Minerals&#8221; or the &#8220;Company&#8221;), is a leading producer of essential minerals that solve nature&#8217;s challenges, including salt for winter roadway safety and other consumer, industrial and agricultural uses, and specialty plant nutrition minerals that improve the quality and yield of crops, and specialty chemicals for water treatment and other industrial processes. The Company&#8217;s principal products are salt, consisting of sodium chloride and magnesium chloride, sulfate of potash (&#8220;SOP&#8221;) and various other micronutrient products. The Company&#8217;s production sites are located in the United States (&#8220;U.S.&#8221;), Canada, Brazil and the United Kingdom (the &#8220;U.K.&#8221;). The Company also provides records management services to businesses located in the U.K.</font></div><div style="line-height:120%;text-align:justify;text-indent:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">CMI is a holding company with no operations other than those of its subsidiaries.</font></div></div>
CY2018 us-gaap Use Of Estimates
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<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Management Estimates:</font></div><div style="line-height:120%;text-align:justify;text-indent:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of financial statements in conformity with U.S. generally accepted accounting principles (&#8220;GAAP&#8221;) as included in the Accounting Standards Codification requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying notes. Actual results could differ from those estimates.</font></div></div>

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