2017 Q1 Form 10-K Financial Statement

#000156459017004316 Filed on March 14, 2017

View on sec.gov

Income Statement

Concept 2017 Q1 2017 2016 Q1
Revenue $841.6M $4.288B $619.7M
YoY Change 35.8% 85.89% 36.72%
Cost Of Revenue $516.6M $2.783B $378.9M
YoY Change 36.34% 98.0% 40.92%
Gross Profit $324.9M $1.189B $240.8M
YoY Change 34.94% 32.01% 30.6%
Gross Profit Margin 38.61% 27.74% 38.86%
Selling, General & Admin $303.7M $1.058B $220.7M
YoY Change 37.61% 31.8% 31.78%
% of Gross Profit 93.47% 88.97% 91.65%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $33.20M $111.6M $22.50M
YoY Change 47.56% 42.92% 31.85%
% of Gross Profit 10.22% 9.38% 9.34%
Operating Expenses $303.7M $1.058B $220.8M
YoY Change 37.55% 31.8% 31.84%
Operating Profit $21.23M $101.5M $20.00M
YoY Change 6.14% 3.47% 18.33%
Interest Expense -$9.000M -$42.20M -$7.200M
YoY Change 25.0% -245.95% -198.0%
% of Operating Profit -42.4% -41.56% -36.0%
Other Income/Expense, Net $28.00M -$9.565M -$600.0K
YoY Change -4766.67% 167.48% -88.21%
Pretax Income $40.20M $63.01M $8.500M
YoY Change 372.94% -36.44% 90.33%
Income Tax $17.40M -$39.84M $2.900M
% Of Pretax Income 43.28% -63.23% 34.12%
Net Earnings $21.39M $96.54M $4.300M
YoY Change 397.51% 63.61% 93.35%
Net Earnings / Revenue 2.54% 2.25% 0.69%
Basic Earnings Per Share $2.31 $10.35
Diluted Earnings Per Share $2.30 $10.30 $373.9K
COMMON SHARES
Basic Shares Outstanding 7.141M 7.141M
Diluted Shares Outstanding 9.369M

Balance Sheet

Concept 2017 Q1 2017 2016 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $21.90M $16.90M $55.50M
YoY Change -60.54% -22.83% 161.79%
Cash & Equivalents $21.85M $16.90M $55.50M
Short-Term Investments
Other Short-Term Assets $63.80M $100.6M $53.30M
YoY Change 19.7% 57.68% 33.92%
Inventory $143.6M $183.6M $89.46M
Prepaid Expenses
Receivables $364.6M $493.4M $184.0M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $593.8M $794.5M $434.9M
YoY Change 36.53% 33.8% 28.17%
LONG-TERM ASSETS
Property, Plant & Equipment $813.0M $1.061B $525.8M
YoY Change 54.61% 25.36% 34.19%
Goodwill $144.6M $118.0M
YoY Change 22.58% 7.25%
Intangibles
YoY Change
Long-Term Investments $21.60M
YoY Change
Other Assets $86.09M $116.2M $63.74M
YoY Change 35.07% 34.96% 0.68%
Total Long-Term Assets $1.856B $2.279B $1.412B
YoY Change 31.45% 22.78% 14.65%
TOTAL ASSETS
Total Short-Term Assets $593.8M $794.5M $434.9M
Total Long-Term Assets $1.856B $2.279B $1.412B
Total Assets $2.449B $3.073B $1.847B
YoY Change 32.65% 25.45% 17.57%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $252.0M $368.1M $162.0M
YoY Change 55.56% 46.07% 36.48%
Accrued Expenses $133.9M $202.5M $104.2M
YoY Change 28.53% 24.0% 29.49%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $7.500M $8.200M $0.00
YoY Change 9.33%
Total Short-Term Liabilities $457.9M $639.5M $326.6M
YoY Change 40.22% 39.66% 36.51%
LONG-TERM LIABILITIES
Long-Term Debt $907.3M $1.123B $619.6M
YoY Change 46.42% 18.44% 18.09%
Other Long-Term Liabilities $378.6M $739.0M $267.1M
YoY Change 41.74% 46.25% 16.18%
Total Long-Term Liabilities $1.286B $1.862B $886.7M
YoY Change 45.01% 28.11% 17.51%
TOTAL LIABILITIES
Total Short-Term Liabilities $457.9M $639.5M $326.6M
Total Long-Term Liabilities $1.286B $1.862B $886.7M
Total Liabilities $2.086B $2.706B $1.524B
YoY Change 36.89% 24.58% 16.31%
SHAREHOLDERS EQUITY
Retained Earnings $301.5M $260.7M
YoY Change 15.67% 23.62%
Common Stock $116.8M $113.1M
YoY Change 3.28% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $277.1M $366.7M $243.1M
YoY Change
Total Liabilities & Shareholders Equity $2.449B $3.073B $1.847B
YoY Change 32.65% 25.45% 17.57%

Cashflow Statement

Concept 2017 Q1 2017 2016 Q1
OPERATING ACTIVITIES
Net Income $21.39M $96.54M $4.300M
YoY Change 397.51% 63.61% 93.35%
Depreciation, Depletion And Amortization $33.20M $111.6M $22.50M
YoY Change 47.56% 42.92% 31.85%
Cash From Operating Activities $33.90M $307.8M $35.80M
YoY Change -5.31% 90.01% -2088.89%
INVESTING ACTIVITIES
Capital Expenditures -$48.00M $176.6M -$59.50M
YoY Change -19.33% 7.76% -292.92%
Acquisitions $265.1M
YoY Change 272.23%
Other Investing Activities -$97.90M -$266.7M -$27.40M
YoY Change 257.3% -4.55% -17.72%
Cash From Investing Activities -$145.9M -$458.9M -$86.80M
YoY Change 68.09% 1.53% 35.41%
FINANCING ACTIVITIES
Cash Dividend Paid $9.300M
YoY Change 0.14%
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 79.80M 146.1M 66.10M
YoY Change 20.73% -43.01% -15.26%
NET CHANGE
Cash From Operating Activities 33.90M 307.8M 35.80M
Cash From Investing Activities -145.9M -458.9M -86.80M
Cash From Financing Activities 79.80M 146.1M 66.10M
Net Change In Cash -32.20M -4.948M 15.10M
YoY Change -313.25% -85.27% 24.79%
FREE CASH FLOW
Cash From Operating Activities $33.90M $307.8M $35.80M
Capital Expenditures -$48.00M $176.6M -$59.50M
Free Cash Flow $81.90M $131.2M $95.30M
YoY Change -14.06% -7053.63% -391.96%

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CY2016 coke Business Combination Contingent Consideration Arrangements Change In Fair Value Of Contingent Consideration Liability
BusinessCombinationContingentConsiderationArrangementsChangeInFairValueOfContingentConsiderationLiability
3576000
CY2017 us-gaap Increase Decrease In Other Current Assets And Liabilities Net
IncreaseDecreaseInOtherCurrentAssetsAndLiabilitiesNet
39909000
CY2016 us-gaap Increase Decrease In Other Current Assets And Liabilities Net
IncreaseDecreaseInOtherCurrentAssetsAndLiabilitiesNet
18262000
CY2017 us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
14564000
CY2014 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
3333000
CY2016 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
-124000
CY2014 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
-570000
CY2017 us-gaap Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
105332000
CY2016 us-gaap Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
43246000
CY2014 us-gaap Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
55821000
CY2017 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
161995000
CY2016 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
108290000
CY2014 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
91903000
CY2017 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
172586000
CY2016 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
163887000
CY2016 us-gaap Proceeds From Divestiture Of Businesses
ProceedsFromDivestitureOfBusinesses
26360000
CY2017 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
272637000
CY2014 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
41588000
CY2017 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-452026000
CY2016 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-217343000
CY2014 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-124251000
CY2016 us-gaap Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
349913000
CY2017 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
300000000
CY2017 us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
410000000
CY2016 us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
334000000
CY2014 us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
191624000
CY2017 us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
258000000
CY2016 us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
405000000
CY2014 us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
125624000
CY2017 us-gaap Repayments Of Senior Debt
RepaymentsOfSeniorDebt
164757000
CY2016 us-gaap Repayments Of Senior Debt
RepaymentsOfSeniorDebt
100000000
CY2014 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
20000000
CY2017 us-gaap Payments Of Dividends
PaymentsOfDividends
9307000
CY2016 us-gaap Payments Of Dividends
PaymentsOfDividends
9287000
CY2014 us-gaap Payments Of Dividends
PaymentsOfDividends
9266000
CY2014 coke Excess Tax Expense Benefit From Share Based Compensation Financing Activities
ExcessTaxExpenseBenefitFromShareBasedCompensationFinancingActivities
-176000
CY2017 coke Payment Of Contingent Consideration Of Acquisitions
PaymentOfContingentConsiderationOfAcquisitions
13550000
CY2016 coke Payment Of Contingent Consideration Of Acquisitions
PaymentOfContingentConsiderationOfAcquisitions
4039000
CY2014 coke Payment Of Contingent Consideration Of Acquisitions
PaymentOfContingentConsiderationOfAcquisitions
212000
CY2017 us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
7063000
CY2016 us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
6555000
CY2014 us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
5939000
CY2017 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-940000
CY2016 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-3576000
CY2014 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-1077000
CY2017 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
256383000
CY2016 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
155456000
CY2014 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
29682000
CY2017 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-33648000
CY2016 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
46403000
CY2014 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-2666000
CY2014Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
9095000
CY2013Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
11761000
CY2016 us-gaap Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
3361000
CY2017 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
15704000
CY2014 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
9185000
CY2013Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
259926000
CY2014 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
7141000
CY2014 us-gaap Stock Issued During Period Value Share Based Compensation Gross
StockIssuedDuringPeriodValueShareBasedCompensationGross
1763000
CY2014 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
176000
CY2014Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
256943000
CY2016 us-gaap Stock Issued During Period Value Share Based Compensation Gross
StockIssuedDuringPeriodValueShareBasedCompensationGross
2225000
CY2017 us-gaap Stock Issued During Period Value Share Based Compensation Gross
StockIssuedDuringPeriodValueShareBasedCompensationGross
3726000
CY2016 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
1.00
CY2017 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
1.00
CY2017 us-gaap Use Of Estimates
UseOfEstimates
<div> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-weight:bold;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">Use of Estimates</p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;">&nbsp;</p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The preparation of consolidated financial statements in conformity with U.S. generally accepted accounting principles (&#8220;GAAP&#8221;) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.</p></div>
CY2017 us-gaap Fiscal Period
FiscalPeriod
<div> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-weight:bold;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">Fiscal Year</p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;">&nbsp;</p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The Company&#8217;s fiscal year generally ends on the Sunday closest to December 31 of each year. The fiscal years presented are:</p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;">&nbsp;</p> <div align="left"> <table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse; width:100%;"> <tr> <td valign="top" style="width:3.33%;white-space:nowrap"> <p style="margin-bottom:0pt;margin-top:0pt;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="top" style="width:3.33%;white-space:nowrap"> <p style="margin-bottom:0pt;margin-top:0pt;font-family:'Times New Roman';font-size:15pt;line-height:11pt;">&#x2022;</p></td> <td valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The 52-week period ended January&#160;1, 2017 (&#8220;2016&#8221;)</p></td></tr></table></div> <div align="left"> <table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse; width:100%;"> <tr> <td valign="top" style="width:3.33%;white-space:nowrap"> <p style="margin-bottom:0pt;margin-top:0pt;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="top" style="width:3.33%;white-space:nowrap"> <p style="margin-bottom:0pt;margin-top:0pt;font-family:'Times New Roman';font-size:15pt;line-height:11pt;">&#x2022;</p></td> <td valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The 53-week period ended January&#160;3, 2016 (&#8220;2015&#8221;); and</p></td></tr></table></div> <div align="left"> <table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse; width:100%;"> <tr> <td valign="top" style="width:3.33%;white-space:nowrap"> <p style="margin-bottom:0pt;margin-top:0pt;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="top" style="width:3.33%;white-space:nowrap"> <p style="margin-bottom:0pt;margin-top:0pt;font-family:'Times New Roman';font-size:15pt;line-height:11pt;">&#x2022;</p></td> <td valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The 52-week period ended December&#160;28, 2014 (&#8220;2014&#8221;).</p></td></tr></table></div></div>
CY2017 us-gaap Financing Receivable Allowance For Credit Losses Policy For Uncollectible Amounts
FinancingReceivableAllowanceForCreditLossesPolicyForUncollectibleAmounts
<div> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-weight:bold;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">Allowance for Doubtful Accounts</p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;">&nbsp;</p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The Company evaluates the collectibility of its trade accounts receivable based on a number of factors, including the specific industry in which a particular customer operates. When the Company becomes aware of a customer&#8217;s inability to meet its financial obligations to the Company, a specific reserve for bad debts is estimated and recorded to reduce the recognized receivable to the estimated amount the Company believes will ultimately be collected. In addition to specific customer identification of potential bad debts, an allowance for doubtful accounts is recorded based on the Company&#8217;s recent past loss history and an overall assessment of past due trade accounts receivable outstanding.</p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;">&nbsp;</p></div>
CY2017 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
4
CY2017 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2
CY2017 coke Accounts Receivable Collection Period
AccountsReceivableCollectionPeriod
P30D
CY2017 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
10900000
CY2016 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
9300000
CY2014 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
7600000
CY2014 us-gaap Selling Expense
SellingExpense
211600000
CY2017Q1 coke Threshold For Recognizing Tax Benefit
ThresholdForRecognizingTaxBenefit
0.50
CY2014 coke Marketing Costs Included As Deductions To Net Sales
MarketingCostsIncludedAsDeductionsToNetSales
61700000
CY2017 us-gaap Selling Expense
SellingExpense
314300000
CY2016 us-gaap Selling Expense
SellingExpense
222900000
CY2017 coke Percentage Control Of Voting Power Held By Holders Of Class B Common Stock
PercentageControlOfVotingPowerHeldByHoldersOfClassBCommonStock
0.86
CY2017 coke Number Of Votes Per Share Of Stock
NumberOfVotesPerShareOfStock
1
CY2017 us-gaap Common Stock Conversion Basis
CommonStockConversionBasis
one-for-one per share
CY2016Q1 coke Reclassification Of Debt Issuance Costs From Other Assets To Long Term Debt
ReclassificationOfDebtIssuanceCostsFromOtherAssetsToLongTermDebt
3100000
CY2016Q1 coke Reclassification Of Debt Issuance Costs From Prepaid Expenses And Other Current Assets To Long Term Debt
ReclassificationOfDebtIssuanceCostsFromPrepaidExpensesAndOtherCurrentAssetsToLongTermDebt
1100000
CY2017 coke Subsidiary Intercompany Interest Rate Over Average Cost Of Funds
SubsidiaryIntercompanyInterestRateOverAverageCostOfFunds
0.0050
CY2017Q1 coke Outstanding Balance Subsidiary Intercompany Borrowings
OutstandingBalanceSubsidiaryIntercompanyBorrowings
0
CY2016Q1 coke Outstanding Balance Subsidiary Intercompany Borrowings
OutstandingBalanceSubsidiaryIntercompanyBorrowings
0
CY2017Q1 us-gaap Business Acquisition Cost Of Acquired Entity Transaction Costs
BusinessAcquisitionCostOfAcquiredEntityTransactionCosts
6100000
CY2016Q1 us-gaap Business Acquisition Cost Of Acquired Entity Transaction Costs
BusinessAcquisitionCostOfAcquiredEntityTransactionCosts
5800000
CY2014Q4 us-gaap Business Acquisition Cost Of Acquired Entity Transaction Costs
BusinessAcquisitionCostOfAcquiredEntityTransactionCosts
5300000
CY2017 coke Business Combination Pro Forma Adjustments Net Revenue
BusinessCombinationProFormaAdjustmentsNetRevenue
441642000
CY2016 coke Business Combination Pro Forma Adjustments Net Revenue
BusinessCombinationProFormaAdjustmentsNetRevenue
1026245000
CY2017 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
3598070000
CY2016 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
3332703000
CY2017 coke Business Combination Pro Forma Adjustments Income From Operations
BusinessCombinationProFormaAdjustmentsIncomeFromOperations
27263000
CY2016 coke Business Combination Pro Forma Adjustments Income From Operations
BusinessCombinationProFormaAdjustmentsIncomeFromOperations
39178000
CY2017 us-gaap Business Acquisitions Pro Forma Income Loss From Continuing Operations Before Changes In Accounting And Extraordinary Items Net Of Tax
BusinessAcquisitionsProFormaIncomeLossFromContinuingOperationsBeforeChangesInAccountingAndExtraordinaryItemsNetOfTax
155122000
CY2016 us-gaap Business Acquisitions Pro Forma Income Loss From Continuing Operations Before Changes In Accounting And Extraordinary Items Net Of Tax
BusinessAcquisitionsProFormaIncomeLossFromContinuingOperationsBeforeChangesInAccountingAndExtraordinaryItemsNetOfTax
137322000
CY2017Q1 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
90259000
CY2016Q1 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
56252000
CY2017Q1 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
23196000
CY2016Q1 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
12277000
CY2017Q1 us-gaap Other Inventory Net Of Reserves
OtherInventoryNetOfReserves
30098000
CY2016Q1 us-gaap Other Inventory Net Of Reserves
OtherInventoryNetOfReserves
20935000
CY2017Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1611442000
CY2016Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1251639000
CY2017Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
798453000
CY2016Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
725819000
CY2017 us-gaap Asset Impairment Charges
AssetImpairmentCharges
0
CY2016 us-gaap Asset Impairment Charges
AssetImpairmentCharges
0
CY2014 us-gaap Asset Impairment Charges
AssetImpairmentCharges
0
CY2017Q1 us-gaap Capital Leased Assets Gross
CapitalLeasedAssetsGross
94125000
CY2016Q1 us-gaap Capital Leased Assets Gross
CapitalLeasedAssetsGross
98001000
CY2017Q1 us-gaap Capital Leases Lessee Balance Sheet Assets By Major Class Accumulated Deprecation
CapitalLeasesLesseeBalanceSheetAssetsByMajorClassAccumulatedDeprecation
60573000
CY2016Q1 us-gaap Capital Leases Lessee Balance Sheet Assets By Major Class Accumulated Deprecation
CapitalLeasesLesseeBalanceSheetAssetsByMajorClassAccumulatedDeprecation
57856000
CY2017Q1 coke Related Party Real Estate Under Capital Lease
RelatedPartyRealEstateUnderCapitalLease
19400000
CY2017Q1 us-gaap Capital Lease Obligations
CapitalLeaseObligations
48721000
CY2016Q1 us-gaap Capital Lease Obligations
CapitalLeaseObligations
55784000
CY2014Q4 us-gaap Indefinite Lived Franchise Rights
IndefiniteLivedFranchiseRights
520672000
CY2016 coke Net Franchise Rights Acquired In Exchange Of Franchise Territories During Period
NetFranchiseRightsAcquiredInExchangeOfFranchiseTerritoriesDuringPeriod
6868000
CY2017 coke Net Franchise Rights Acquired In Exchange Of Franchise Territories During Period
NetFranchiseRightsAcquiredInExchangeOfFranchiseTerritoriesDuringPeriod
5500000
CY2014Q4 us-gaap Goodwill
Goodwill
106220000
CY2016 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
10319000
CY2016 coke Net Goodwill Acquired In Exchange Of Franchise Territories During Period
NetGoodwillAcquiredInExchangeOfFranchiseTerritoriesDuringPeriod
316000
CY2016 us-gaap Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
1099000
CY2017 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
26272000
CY2017Q1 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
350000000
CY2017 coke Net Goodwill Acquired In Exchange Of Franchise Territories During Period
NetGoodwillAcquiredInExchangeOfFranchiseTerritoriesDuringPeriod
-682000
CY2017 us-gaap Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
1042000
CY2014Q4 coke Indefinite Lived Intangible Assets Including Goodwill
IndefiniteLivedIntangibleAssetsIncludingGoodwill
626892000
CY2016 coke Indefinite Lived Intangible Assets Including Goodwill Acquired During Period
IndefiniteLivedIntangibleAssetsIncludingGoodwillAcquiredDuringPeriod
10319000
CY2016 coke Net Indefinite Lived Intangible Assets Including Goodwill Acquired In The Exchange Of Franchise Territories During Period
NetIndefiniteLivedIntangibleAssetsIncludingGoodwillAcquiredInTheExchangeOfFranchiseTerritoriesDuringPeriod
7184000
CY2016 coke Indefinite Lived Intangible Assets Including Goodwill Acquired Adjustments
IndefiniteLivedIntangibleAssetsIncludingGoodwillAcquiredAdjustments
1099000
CY2016Q1 coke Indefinite Lived Intangible Assets Including Goodwill
IndefiniteLivedIntangibleAssetsIncludingGoodwill
645494000
CY2017 coke Indefinite Lived Intangible Assets Including Goodwill Acquired During Period
IndefiniteLivedIntangibleAssetsIncludingGoodwillAcquiredDuringPeriod
26272000
CY2017 coke Net Indefinite Lived Intangible Assets Including Goodwill Acquired In The Exchange Of Franchise Territories During Period
NetIndefiniteLivedIntangibleAssetsIncludingGoodwillAcquiredInTheExchangeOfFranchiseTerritoriesDuringPeriod
4818000
CY2017 coke Indefinite Lived Intangible Assets Including Goodwill Acquired Adjustments
IndefiniteLivedIntangibleAssetsIncludingGoodwillAcquiredAdjustments
1042000
CY2017Q1 coke Indefinite Lived Intangible Assets Including Goodwill
IndefiniteLivedIntangibleAssetsIncludingGoodwill
677626000
CY2017 us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
0
CY2016 us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
0
CY2014 us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
0
CY2017Q1 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
258424000
CY2016Q1 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
144447000
CY2017Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
13009000
CY2016Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
7999000
CY2014Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
57148000
CY2016 us-gaap Finitelived Intangible Assets Acquired1
FinitelivedIntangibleAssetsAcquired1
84100000
CY2016 coke Finite Lived Intangible Assets Exchange Transaction
FiniteLivedIntangibleAssetsExchangeTransaction
1000000
CY2016 us-gaap Finite Lived Intangible Assets Purchase Accounting Adjustments
FiniteLivedIntangibleAssetsPurchaseAccountingAdjustments
-3000000
CY2017 us-gaap Finitelived Intangible Assets Acquired1
FinitelivedIntangibleAssetsAcquired1
91250000
CY2017 coke Finite Lived Intangible Assets Distribution Amount
FiniteLivedIntangibleAssetsDistributionAmount
21032000
CY2017 us-gaap Finite Lived Intangible Assets Purchase Accounting Adjustments
FiniteLivedIntangibleAssetsPurchaseAccountingAdjustments
1695000
CY2017 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
0
CY2017Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
7200000
CY2017Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
7200000
CY2017Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
7200000
CY2017Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
7200000
CY2017Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
7200000
CY2017Q1 us-gaap Accrued Insurance Current
AccruedInsuranceCurrent
28248000
CY2016Q1 us-gaap Accrued Insurance Current
AccruedInsuranceCurrent
24353000
CY2017Q1 us-gaap Accrued Marketing Costs Current
AccruedMarketingCostsCurrent
24714000
CY2016Q1 us-gaap Accrued Marketing Costs Current
AccruedMarketingCostsCurrent
24959000
CY2017Q1 us-gaap Pension And Other Postretirement And Postemployment Benefit Plans Liabilities Current
PensionAndOtherPostretirementAndPostemploymentBenefitPlansLiabilitiesCurrent
23858000
CY2016Q1 us-gaap Pension And Other Postretirement And Postemployment Benefit Plans Liabilities Current
PensionAndOtherPostretirementAndPostemploymentBenefitPlansLiabilitiesCurrent
19155000
CY2017Q1 coke Checks And Transfers Yet To Be Presented For Payment From Zero Balance Cash Accounts
ChecksAndTransfersYetToBePresentedForPaymentFromZeroBalanceCashAccounts
19326000
CY2017Q1 us-gaap Business Combination Contingent Consideration Liability Current
BusinessCombinationContingentConsiderationLiabilityCurrent
15782000
CY2016Q1 us-gaap Business Combination Contingent Consideration Liability Current
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7902000
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3442000
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2836000
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1721000
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19121000
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13656000
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4098000
CY2016Q1 us-gaap Deferred Finance Costs Gross
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4251000
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15000000
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292000000
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37500000
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217500000
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1297000
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17839000
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912000000
CY2017Q1 coke Debt Issued By Subsidiaries
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0
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0
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1289000
CY2016Q1 us-gaap Derivative Assets
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3000
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3442000
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222000
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8000
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3661000
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0
CY2016Q1 us-gaap Fair Value Assets Level1 To Level2 Transfers Amount
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0
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0
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0
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0
CY2016Q1 us-gaap Fair Value Liabilities Level1 To Level2 Transfers Amount
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0
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0
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0
CY2016Q1 us-gaap Fair Value Liabilities Level2 To Level1 Transfers Amount
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0
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0
CY2016 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Net
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0
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0
CY2016 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Liability Transfers Into Level3
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0
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237655000
CY2016Q1 us-gaap Business Combination Contingent Consideration Liability Noncurrent
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128668000
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16345000
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13600000
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8900000
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7600000
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10495000
CY2017Q1 us-gaap Capital Leases Future Minimum Payments Due In Two Years
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10421000
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10149000
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10328000
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5933000
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12081000
CY2017Q1 us-gaap Capital Leases Future Minimum Payments Due
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CY2017Q1 us-gaap Capital Leases Future Minimum Payments Interest Included In Payments
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10686000
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48721000
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11141000
CY2017Q1 us-gaap Operating Leases Future Minimum Payments Due In Two Years
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9211000
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8371000
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8432000
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8074000
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32805000
CY2017Q1 us-gaap Operating Leases Future Minimum Payments Due
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78034000
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230001000
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207768000
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32574000
CY2016Q1 coke Debt Guarantee For Related Party
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30524000
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49189000
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21603000
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70792000
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29700000
CY2016Q1 us-gaap Letters Of Credit Outstanding Amount
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26900000
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81700000
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13153000
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27000
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3563000
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CurrentIncomeTaxExpenseBenefit
23670000
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2261000
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51000
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3638000
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3298000
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582000
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32449000
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34692000
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19474000
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3243000
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3496000
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2133000
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2406000
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1203000
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704000
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854000
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56000
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1330000
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IncomeTaxReconciliationDeductionsQualifiedProductionActivities
1470000
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1879000
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1666000
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1204000
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2297000
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945000
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4724000
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4046000
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204000
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1874000
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722000
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641000
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3490000
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3061000
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1176000
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0.020
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0.017
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0.022
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2900000
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5879000
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5817000
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4409000
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