2017 Q4 Form 10-K Financial Statement

#000081695619000003 Filed on February 25, 2019

View on sec.gov

Income Statement

Concept 2017 Q4 2017 Q3 2017 Q2
Revenue $222.6M $190.1M $197.2M
YoY Change 9.05% 2.88% 1.92%
Cost Of Revenue $98.50M $87.57M $92.50M
YoY Change 3.58% 4.77% 1.64%
Gross Profit $124.0M $102.5M $104.7M
YoY Change 15.89% 1.32% 2.18%
Gross Profit Margin 55.7% 53.94% 53.08%
Selling, General & Admin $86.70M $80.81M $83.83M
YoY Change 20.25% 2.28% -3.34%
% of Gross Profit 69.94% 78.8% 80.1%
Research & Development $8.400M $8.270M $8.041M
YoY Change 10.53% -0.99% 0.4%
% of Gross Profit 6.78% 8.06% 7.68%
Depreciation & Amortization $15.50M $14.90M $14.20M
YoY Change 9.93% 7.19% 1.43%
% of Gross Profit 12.5% 14.53% 13.57%
Operating Expenses $100.7M $89.08M $91.87M
YoY Change 18.89% 1.96% -3.03%
Operating Profit $23.26M $13.47M $12.78M
YoY Change 4.49% -2.72% 66.36%
Interest Expense -$3.200M $4.806M $4.398M
YoY Change -57.33% 24.48% 17.06%
% of Operating Profit -13.76% 35.68% 34.41%
Other Income/Expense, Net $0.00 $0.00 $0.00
YoY Change
Pretax Income $18.30M $8.664M $8.385M
YoY Change 110.34% -13.24% 113.52%
Income Tax $3.500M $1.467M $2.246M
% Of Pretax Income 19.13% 16.93% 26.79%
Net Earnings $46.70M $7.197M $6.139M
YoY Change 596.12% -1.91% 112.86%
Net Earnings / Revenue 20.98% 3.79% 3.11%
Basic Earnings Per Share $1.67 $0.26 $0.22
Diluted Earnings Per Share $1.65 $0.26 $0.22
COMMON SHARES
Basic Shares Outstanding 27.93M shares 27.92M shares 27.89M shares
Diluted Shares Outstanding 28.18M shares 28.14M shares

Balance Sheet

Concept 2017 Q4 2017 Q3 2017 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $32.60M $44.00M $40.10M
YoY Change 18.98% 63.57% 72.1%
Cash & Equivalents $32.62M $44.03M $40.14M
Short-Term Investments
Other Short-Term Assets $15.70M $16.40M $18.30M
YoY Change -16.93% -20.77% -35.11%
Inventory $141.4M $149.5M $136.5M
Prepaid Expenses
Receivables $167.0M $146.7M $145.4M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $356.8M $356.7M $340.3M
YoY Change 7.95% -3.44% -8.27%
LONG-TERM ASSETS
Property, Plant & Equipment $116.2M $117.0M $118.2M
YoY Change -4.75% -5.19% -5.74%
Goodwill $402.0M $401.8M $401.1M
YoY Change 1.08% 0.86% 0.75%
Intangibles $414.9M $419.0M $410.9M
YoY Change -1.1% -1.24% -4.2%
Long-Term Investments
YoY Change
Other Assets $68.06M $66.70M $64.80M
YoY Change 14.96% 335.95% 323.53%
Total Long-Term Assets $1.001B $1.005B $995.0M
YoY Change 0.27% 4.49% 2.81%
TOTAL ASSETS
Total Short-Term Assets $356.8M $356.7M $340.3M
Total Long-Term Assets $1.001B $1.005B $995.0M
Total Assets $1.358B $1.361B $1.335B
YoY Change 2.18% 2.29% -0.26%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $42.04M $50.26M $46.46M
YoY Change 0.95% 36.93% 45.04%
Accrued Expenses $34.30M $28.60M $26.40M
YoY Change 7.19% -8.63% -12.58%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $14.70M $13.54M $12.45M
YoY Change 44.08% 33.48% 22.71%
Total Short-Term Liabilities $150.0M $139.3M $129.7M
YoY Change 31.64% 23.45% 22.12%
LONG-TERM LIABILITIES
Long-Term Debt $471.7M $494.8M $484.0M
YoY Change -3.39% 0.94% -4.84%
Other Long-Term Liabilities $27.11M $25.00M $25.56M
YoY Change 0.33% 2.06% 0.7%
Total Long-Term Liabilities $498.9M $519.8M $509.6M
YoY Change -3.19% 0.99% -4.57%
TOTAL LIABILITIES
Total Short-Term Liabilities $150.0M $139.3M $129.7M
Total Long-Term Liabilities $498.9M $519.8M $509.6M
Total Liabilities $726.5M $771.5M $753.0M
YoY Change -2.92% 3.34% -0.81%
SHAREHOLDERS EQUITY
Retained Earnings $440.1M $399.0M $397.4M
YoY Change 8.15% -1.68% -1.65%
Common Stock $313.0K $313.0K $313.0K
YoY Change 0.0% 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $93.68M $94.63M $94.86M
YoY Change -3.83% -3.14% -3.03%
Treasury Stock Shares 3.338M shares 3.372M shares 3.380M shares
Shareholders Equity $631.4M $589.7M $582.4M
YoY Change
Total Liabilities & Shareholders Equity $1.358B $1.361B $1.335B
YoY Change 2.18% 2.29% -0.26%

Cashflow Statement

Concept 2017 Q4 2017 Q3 2017 Q2
OPERATING ACTIVITIES
Net Income $46.70M $7.197M $6.139M
YoY Change 596.12% -1.91% 112.86%
Depreciation, Depletion And Amortization $15.50M $14.90M $14.20M
YoY Change 9.93% 7.19% 1.43%
Cash From Operating Activities $20.80M $13.50M $16.00M
YoY Change 51.82% -45.56% -14.44%
INVESTING ACTIVITIES
Capital Expenditures -$3.600M -$3.700M -$2.900M
YoY Change -18.18% 37.04% -40.82%
Acquisitions
YoY Change
Other Investing Activities -$1.000M -$13.40M -$1.800M
YoY Change -357.69% 1700.0%
Cash From Investing Activities -$4.700M -$17.10M -$4.700M
YoY Change 9.3% -812.5% -4.08%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -27.70M 6.500M -7.400M
YoY Change 274.32% -127.2% -21.28%
NET CHANGE
Cash From Operating Activities 20.80M 13.50M 16.00M
Cash From Investing Activities -4.700M -17.10M -4.700M
Cash From Financing Activities -27.70M 6.500M -7.400M
Net Change In Cash -11.60M 2.900M 3.900M
YoY Change -680.0% -12.12% -11.36%
FREE CASH FLOW
Cash From Operating Activities $20.80M $13.50M $16.00M
Capital Expenditures -$3.600M -$3.700M -$2.900M
Free Cash Flow $24.40M $17.20M $18.90M
YoY Change 34.81% -37.45% -19.92%

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355190000 USD
CY2017 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
365351000 USD
CY2018 us-gaap Cost Of Goods And Services Sold
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390524000 USD
CY2016 us-gaap Current Federal Tax Expense Benefit
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312000 USD
CY2017 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
1744000 USD
CY2018 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
-1077000 USD
CY2016 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
7111000 USD
CY2017 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
9421000 USD
CY2018 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
8036000 USD
CY2016 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
7582000 USD
CY2017 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
13266000 USD
CY2018 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
7736000 USD
CY2016 us-gaap Current State And Local Tax Expense Benefit
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159000 USD
CY2017 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
2101000 USD
CY2018 us-gaap Current State And Local Tax Expense Benefit
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777000 USD
CY2018Q4 us-gaap Debt Instrument Interest Rate Effective Percentage
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0.04405
CY2016 us-gaap Debt Related Commitment Fees And Debt Issuance Costs
DebtRelatedCommitmentFeesAndDebtIssuanceCosts
2700000 USD
CY2017Q4 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
4721000 USD
CY2018Q4 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
5162000 USD
CY2016 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-2871000 USD
CY2017 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-40021000 USD
CY2018 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
2063000 USD
CY2017Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
123181000 USD
CY2018Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
117248000 USD
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2420000 USD
CY2018Q4 us-gaap Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
4096000 USD
CY2017Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
50234000 USD
CY2018Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
41349000 USD
CY2017Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
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11091000 USD
CY2018Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
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7358000 USD
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9342000 USD
CY2018Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
2235000 USD
CY2017Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Research
DeferredTaxAssetsTaxCreditCarryforwardsResearch
8957000 USD
CY2018Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Research
DeferredTaxAssetsTaxCreditCarryforwardsResearch
8585000 USD
CY2017Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Benefits
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4138000 USD
CY2018Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Benefits
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5434000 USD
CY2017Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Compensation
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1749000 USD
CY2018Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Compensation
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2085000 USD
CY2017Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Pensions
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsPensions
2695000 USD
CY2018Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Pensions
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsPensions
3205000 USD
CY2017Q4 us-gaap Deferred Tax Assets Valuation Allowance Noncurrent
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570000 USD
CY2018Q4 us-gaap Deferred Tax Assets Valuation Allowance Noncurrent
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1159000 USD
CY2017Q4 us-gaap Deferred Tax Liabilities
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72947000 USD
CY2018Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
75899000 USD
CY2017Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets
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102099000 USD
CY2018Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets
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100108000 USD
CY2017Q4 us-gaap Deferred Tax Liabilities Noncurrent
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77668000 USD
CY2018Q4 us-gaap Deferred Tax Liabilities Noncurrent
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81061000 USD
CY2017Q4 us-gaap Deferred Tax Liabilities Undistributed Foreign Earnings
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6000000 USD
CY2018Q4 us-gaap Deferred Tax Liabilities Undistributed Foreign Earnings
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3583000 USD
CY2018Q4 us-gaap Deferred Tax Liability Not Recognized Amount Of Unrecognized Deferred Tax Liability Undistributed Earnings Of Foreign Subsidiaries
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600000 USD
CY2017Q4 us-gaap Defined Benefit Plan Accumulated Other Comprehensive Income Net Gains Losses Before Tax
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40937000 USD
CY2018Q4 us-gaap Defined Benefit Plan Accumulated Other Comprehensive Income Net Gains Losses Before Tax
DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeNetGainsLossesBeforeTax
41822000 USD
CY2016 us-gaap Defined Benefit Plan Amortization Of Gains Losses
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-2780000 USD
CY2017 us-gaap Defined Benefit Plan Amortization Of Gains Losses
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-2835000 USD
CY2018 us-gaap Defined Benefit Plan Amortization Of Gains Losses
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-2689000 USD
CY2018Q4 us-gaap Defined Benefit Plan Amount Of Employer And Related Party Securities Included In Plan Assets
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1800000 USD
CY2017 us-gaap Defined Benefit Plan Amounts Recognized In Other Comprehensive Income Loss Net Gain Loss Before Tax
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1023000 USD
CY2018 us-gaap Defined Benefit Plan Amounts Recognized In Other Comprehensive Income Loss Net Gain Loss Before Tax
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-885000 USD
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0.0369
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0.21
CY2018Q4 us-gaap Earnings Per Share Basic
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0.56
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0.0437
CY2016 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Expected Long Term Return On Assets
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostExpectedLongTermReturnOnAssets
0.0800
CY2017 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Expected Long Term Return On Assets
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostExpectedLongTermReturnOnAssets
0.0800
CY2018 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Expected Long Term Return On Assets
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostExpectedLongTermReturnOnAssets
0.0750
CY2018Q4 us-gaap Defined Benefit Plan Expected Amortization Of Gain Loss Next Fiscal Year
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2900000 USD
CY2018Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Five Fiscal Years Thereafter
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25688000 USD
CY2018Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Next Twelve Months
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5602000 USD
CY2018Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Five
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFive
5294000 USD
CY2018Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Four
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFour
5249000 USD
CY2018Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Three
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearThree
4901000 USD
CY2018Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Two
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearTwo
5651000 USD
CY2016 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
5189000 USD
CY2017 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
5300000 USD
CY2018 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
5418000 USD
CY2017Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
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74932000 USD
CY2018Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
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66307000 USD
CY2016 us-gaap Defined Benefit Plan Interest Cost
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2878000 USD
CY2017 us-gaap Defined Benefit Plan Interest Cost
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2773000 USD
CY2018 us-gaap Defined Benefit Plan Interest Cost
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2806000 USD
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921000 USD
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911000 USD
CY2018 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
752000 USD
CY2018Q4 us-gaap Defined Benefit Plan Number Of Shares Of Equity Securities Issued By Employer And Related Parties Included In Plan Assets
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27562 shares
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1.00
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452000 USD
CY2017 us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
603000 USD
CY2018 us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
675000 USD
CY2017Q4 us-gaap Defined Benefit Plan Weighted Average Asset Allocations
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1.00
CY2018Q4 us-gaap Defined Benefit Plan Weighted Average Asset Allocations
DefinedBenefitPlanWeightedAverageAssetAllocations
1.00
CY2016 us-gaap Depreciation
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20479000 USD
CY2017 us-gaap Depreciation
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20079000 USD
CY2018 us-gaap Depreciation
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18530000 USD
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22238000 USD
CY2017 us-gaap Dividends Common Stock Cash
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22334000 USD
CY2018 us-gaap Dividends Common Stock Cash
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22477000 USD
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5566000 USD
CY2017Q4 us-gaap Dividends Payable Current And Noncurrent
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5592000 USD
CY2018Q4 us-gaap Dividends Payable Current And Noncurrent
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5626000 USD
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0.53
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0.22
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0.26
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1.67
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1.99
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0.38
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0.31
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1.45
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0.52
CY2018Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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190742000 USD
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23978000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
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20879000 USD
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167616000 USD
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-0.16
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0.22
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0.26
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1.65
CY2017 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.97
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0.37
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0.30
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0.20
CY2018Q4 us-gaap Earnings Per Share Diluted
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0.54
CY2018 us-gaap Earnings Per Share Diluted
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1.41
CY2016 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
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-1475000 USD
CY2017 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
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3563000 USD
CY2018 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
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-1040000 USD
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0.243
CY2017 us-gaap Effective Income Tax Rate Continuing Operations
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-0.931
CY2018 us-gaap Effective Income Tax Rate Continuing Operations
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0.193
CY2016 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.35
CY2017 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.35
CY2018 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.21
CY2016 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
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0.068
CY2017 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
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0.053
CY2018 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
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-0.036
CY2016 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Other
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0.072
CY2017 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Other
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-0.005
CY2018 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Other
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-0.012
CY2016 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
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0.000
CY2017 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
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0.021
CY2018 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
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0.016
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
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.008
CY2018 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
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-0.015
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
0.028
CY2018 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.016
CY2016 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Research
EffectiveIncomeTaxRateReconciliationTaxCreditsResearch
0.056
CY2017 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Research
EffectiveIncomeTaxRateReconciliationTaxCreditsResearch
0.028
CY2018 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Research
EffectiveIncomeTaxRateReconciliationTaxCreditsResearch
0.028
CY2016 us-gaap Effective Income Tax Rate Reconciliation Tax Settlements
EffectiveIncomeTaxRateReconciliationTaxSettlements
0.035
CY2017 us-gaap Effective Income Tax Rate Reconciliation Tax Settlements
EffectiveIncomeTaxRateReconciliationTaxSettlements
0.021
CY2018 us-gaap Effective Income Tax Rate Reconciliation Tax Settlements
EffectiveIncomeTaxRateReconciliationTaxSettlements
0.007
CY2017Q4 us-gaap Employee Related Liabilities Current
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34258000 USD
CY2018Q4 us-gaap Employee Related Liabilities Current
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42924000 USD
CY2018Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
21300000 USD
CY2018 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
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P3Y3M1D
CY2016 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
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3100000 USD
CY2017 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
2000000 USD
CY2018 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
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2300000 USD
CY2016 us-gaap Increase Decrease In Accounts Payable
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2094000 USD
CY2018 us-gaap Gain Loss On Sale Of Properties
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0 USD
CY2016 us-gaap Gains Losses On Extinguishment Of Debt
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-254000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
21583000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
23042000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
23995000 USD
CY2016 us-gaap Foreign Currency Transaction Gain Loss Before Tax
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-100000 USD
CY2017 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
1100000 USD
CY2018 us-gaap Foreign Currency Transaction Gain Loss Before Tax
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-800000 USD
CY2016 us-gaap Gain Loss On Sale Of Properties
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1890000 USD
CY2017 us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
0 USD
CY2016Q4 us-gaap Goodwill
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397664000 USD
CY2017Q4 us-gaap Goodwill
Goodwill
401954000 USD
CY2018Q4 us-gaap Goodwill
Goodwill
400440000 USD
CY2017 us-gaap Goodwill Acquired During Period
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2209000 USD
CY2018 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
0 USD
CY2017 us-gaap Goodwill Foreign Currency Translation Gain Loss
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2081000 USD
CY2018 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-1514000 USD
CY2017Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
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107000000 USD
CY2018Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
107000000 USD
CY2016 us-gaap Gross Profit
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408330000 USD
CY2017Q1 us-gaap Gross Profit
GrossProfit
99885000 USD
CY2017Q2 us-gaap Gross Profit
GrossProfit
104652000 USD
CY2017Q3 us-gaap Gross Profit
GrossProfit
102547000 USD
CY2017Q4 us-gaap Gross Profit
GrossProfit
123958000 USD
CY2017 us-gaap Gross Profit
GrossProfit
431041000 USD
CY2018Q1 us-gaap Gross Profit
GrossProfit
109557000 USD
CY2018Q2 us-gaap Gross Profit
GrossProfit
116271000 USD
CY2018Q3 us-gaap Gross Profit
GrossProfit
110627000 USD
CY2018Q4 us-gaap Gross Profit
GrossProfit
132655000 USD
CY2018 us-gaap Gross Profit
GrossProfit
469110000 USD
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-6128000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
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1492000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
24320000 USD
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
25503000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
27240000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
26333000 USD
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
19375000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
28732000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
50653000 USD
CY2016 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4711000 USD
CY2017 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-26755000 USD
CY2018 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
9799000 USD
CY2016 us-gaap Income Taxes Paid
IncomeTaxesPaid
9588000 USD
CY2017 us-gaap Income Taxes Paid
IncomeTaxesPaid
8869000 USD
CY2018 us-gaap Income Taxes Paid
IncomeTaxesPaid
11048000 USD
CY2017Q4 us-gaap Liabilities And Stockholders Equity
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1357961000 USD
CY2016 us-gaap Increase Decrease In Accrued Income Taxes Payable
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-200000 USD
CY2017 us-gaap Increase Decrease In Accrued Income Taxes Payable
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4288000 USD
CY2018 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-2193000 USD
CY2016 us-gaap Increase Decrease In Employee Related Liabilities
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-2598000 USD
CY2017 us-gaap Increase Decrease In Accounts Payable
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-286000 USD
CY2018 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
12109000 USD
CY2016 us-gaap Increase Decrease In Accounts Receivable
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3926000 USD
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15037000 USD
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18700000 USD
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8700000 USD
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0 USD
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0 USD
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0 USD
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755000 USD
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279000 USD
CY2017 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
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CY2018 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
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213000 USD
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2441000 USD
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CY2018Q4 us-gaap Preferred Stock Shares Outstanding
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1750000 USD
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8750000 USD
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338400000 USD
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351799000 USD
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355617000 USD
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8472000 USD
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10037000 USD
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700000 USD
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4700000 shares
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2694000 USD
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200000000.0 USD
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37400000 USD
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585073000 USD
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580576000 USD
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631432000 USD
CY2018Q4 us-gaap Stockholders Equity
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662270000 USD
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3338015 shares
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93683000 USD
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88895000 USD
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467000 USD
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311000 USD
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18400000 USD
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616000 USD
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1839000 USD
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2943000 USD
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UnrecognizedTaxBenefits
3073000 USD
CY2016 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
0 USD
CY2017 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
246000 USD
CY2018 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
250000 USD
CY2016 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
361000 USD
CY2017 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
607000 USD
CY2018 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
370000 USD
CY2016 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
1584000 USD
CY2017 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
1957000 USD
CY2018 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
1017000 USD
CY2016 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
0 USD
CY2017 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
0 USD
CY2018 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
267000 USD
CY2016 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
160000 shares
CY2017 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
232000 shares
CY2018 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
772000 shares
CY2016 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
27964000 shares
CY2017 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
28171000 shares
CY2018 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
28890000 shares
CY2016 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
27804000 shares
CY2017 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
27939000 shares
CY2018 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
28118000 shares
CY2018 us-gaap Derivatives Methods Of Accounting Hedging Derivatives
DerivativesMethodsOfAccountingHedgingDerivatives
<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-weight:bold;">Foreign exchange and hedging activity</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">We manage our foreign currency transaction risks through the use of forward contracts to hedge forecasted cash flows associated with foreign currency transaction exposures. We account for these forward contracts as cash flow hedges. To the extent these forward contracts meet hedge accounting criteria, changes in their fair value are not included in current earnings but are included in accumulated other comprehensive loss. These changes in fair value will be reclassified into earnings as a component of sales or cost of sales when the forecasted transaction occurs.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">We also enter into forward contracts to exchange foreign currencies for United States dollars in order to hedge our currency transaction exposures on intercompany receivables denominated in foreign currencies. These forward contracts settle each month at month-end, at which time we enter into new forward contracts. We have not designated these forward contracts as hedges and have not applied hedge accounting to them. We record these forward contracts at fair value with resulting gains and losses included in selling and administrative expense in the consolidated statements of comprehensive income.</font></div></div>
CY2018 us-gaap Use Of Estimates
UseOfEstimates
<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-weight:bold;">Use of estimates</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div><div style="line-height:120%;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and judgments which affect the reported amounts of assets, liabilities, related disclosure of contingent assets and liabilities at the date of the financial statements and the reported amount of revenues and expenses during the reporting period. Due to the inherent uncertainty involved in making estimates, actual results reported in future periods may differ from those estimates.&#160;&#160;</font></div></div>

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