2018 Q1 Form 10-K Financial Statement

#000132046119000009 Filed on February 25, 2019

View on sec.gov

Income Statement

Concept 2018 Q1 2018 2017 Q4
Revenue $0.00 $0.00 $937.9M
YoY Change 7.14%
Cost Of Revenue $796.5M $3.076B $759.5M
YoY Change 8.81% 4.38% 7.41%
Gross Profit $169.2M $548.3M $178.4M
YoY Change -0.49% -18.3% 5.97%
Gross Profit Margin 19.03%
Selling, General & Admin $80.44M $314.8M $80.60M
YoY Change -7.6% -7.67% -8.51%
% of Gross Profit 47.55% 57.41% 45.17%
Research & Development $122.5M
YoY Change -4.25%
% of Gross Profit 22.35%
Depreciation & Amortization $32.85M $146.7M $38.60M
YoY Change 16.24% 6.24% 24.52%
% of Gross Profit 19.42% 26.75% 21.63%
Operating Expenses $80.44M $437.3M $84.10M
YoY Change -7.6% -6.74% -8.39%
Operating Profit $79.91M $110.3M $94.34M
YoY Change 22.76% -58.55% 23.18%
Interest Expense -$9.800M -$41.00M -$12.40M
YoY Change -12.8% -2.63% 8.77%
% of Operating Profit -12.26% -37.17% -13.14%
Other Income/Expense, Net -$1.719M -$4.838M -$800.0K
YoY Change 51.19% -48.42% -75.0%
Pretax Income $69.31M $69.66M $62.90M
YoY Change 27.42% -67.26% 46.28%
Income Tax $11.89M -$29.40M $31.20M
% Of Pretax Income 17.16% -42.21% 49.6%
Net Earnings $55.14M $103.6M $28.50M
YoY Change 32.2% -24.91% -8.4%
Net Earnings / Revenue 3.04%
Basic Earnings Per Share $3.06 $5.79 $1.60
Diluted Earnings Per Share $2.98 $5.66 $1.53
COMMON SHARES
Basic Shares Outstanding 17.99M shares 17.89M shares 17.53M shares
Diluted Shares Outstanding 18.51M shares 18.29M shares

Balance Sheet

Concept 2018 Q1 2018 2017 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $420.2M $265.0M $516.0M
YoY Change 3.27% -48.64% 7.48%
Cash & Equivalents $420.2M $265.0M $516.0M
Short-Term Investments
Other Short-Term Assets $105.4M $249.5M $100.8M
YoY Change 9.76% 86.19% 24.39%
Inventory $186.0M $175.6M $170.2M
Prepaid Expenses $38.61M $33.21M
Receivables $489.4M $418.6M $494.0M
Other Receivables $107.3M $141.1M $112.6M
Total Short-Term Assets $1.438B $1.250B $1.427B
YoY Change 9.07% -12.41% 10.07%
LONG-TERM ASSETS
Property, Plant & Equipment $977.5M $984.2M $952.2M
YoY Change 16.18% 3.36% 14.41%
Goodwill $173.4M $171.9M
YoY Change 3.27% 2.63%
Intangibles
YoY Change
Long-Term Investments $42.63M
YoY Change 0.07%
Other Assets $106.5M $146.9M $71.95M
YoY Change 5.1% 38.85% 5.77%
Total Long-Term Assets $1.323B $1.374B $1.299B
YoY Change 11.31% 5.81% 8.65%
TOTAL ASSETS
Total Short-Term Assets $1.438B $1.250B $1.427B
Total Long-Term Assets $1.323B $1.374B $1.299B
Total Assets $2.761B $2.624B $2.726B
YoY Change 10.13% -3.72% 9.39%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $524.0M $452.3M $523.3M
YoY Change 8.44% -13.57% 10.07%
Accrued Expenses $115.6M $195.5M $145.7M
YoY Change 10.77% -26.48% 37.84%
Deferred Revenue -$143.0K
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $34.60M $101.3M $34.90M
YoY Change 3.28% 190.26% 4.49%
Total Short-Term Liabilities $793.6M $820.4M $827.0M
YoY Change 7.38% -0.8% 8.9%
LONG-TERM LIABILITIES
Long-Term Debt $723.6M $729.8M $723.3M
YoY Change -0.67% 0.9% -0.85%
Other Long-Term Liabilities $78.32M $216.9M $68.67M
YoY Change 85.48% -30.21% 53.72%
Total Long-Term Liabilities $78.32M $946.7M $68.67M
YoY Change 85.48% -8.45% 53.72%
TOTAL LIABILITIES
Total Short-Term Liabilities $793.6M $820.4M $827.0M
Total Long-Term Liabilities $78.32M $946.7M $68.67M
Total Liabilities $1.838B $1.799B $1.871B
YoY Change 5.79% -5.26% 5.69%
SHAREHOLDERS EQUITY
Retained Earnings $572.1M $508.7M
YoY Change 23.8% 20.93%
Common Stock $510.1M $512.8M
YoY Change -0.65% -0.22%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $892.6M $824.8M $826.6M
YoY Change
Total Liabilities & Shareholders Equity $2.761B $2.624B $2.726B
YoY Change 10.13% -3.72% 9.39%

Cashflow Statement

Concept 2018 Q1 2018 2017 Q4
OPERATING ACTIVITIES
Net Income $55.14M $103.6M $28.50M
YoY Change 32.2% -24.91% -8.4%
Depreciation, Depletion And Amortization $32.85M $146.7M $38.60M
YoY Change 16.24% 6.24% 24.52%
Cash From Operating Activities -$10.56M $149.4M $208.0M
YoY Change -386.15% -52.29% 13.35%
INVESTING ACTIVITIES
Capital Expenditures -$67.90M -$218.1M -$62.70M
YoY Change 16.47% 9.0% 31.72%
Acquisitions $3.223M $171.7M
YoY Change 35810.67%
Other Investing Activities -$2.300M -$6.733M -$1.300M
YoY Change -150.44%
Cash From Investing Activities -$70.19M -$383.0M -$63.90M
YoY Change 20.53% 90.9% 34.24%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00 $59.96M
YoY Change 8.77%
Debt Paid & Issued, Net $887.0K $3.437M
YoY Change -51.69% -82.7%
Cash From Financing Activities -$14.96M -$14.44M -23.40M
YoY Change 24.99% -80.88% 8.33%
NET CHANGE
Cash From Operating Activities -$10.56M $149.4M 208.0M
Cash From Investing Activities -$70.19M -$383.0M -63.90M
Cash From Financing Activities -$14.96M -$14.44M -23.40M
Net Change In Cash -$95.71M -$248.0M 120.7M
YoY Change 43.88% -771.17% 5.6%
FREE CASH FLOW
Cash From Operating Activities -$10.56M $149.4M $208.0M
Capital Expenditures -$67.90M -$218.1M -$62.70M
Free Cash Flow $57.34M $367.5M $270.7M
YoY Change -7.49% -28.39% 17.14%

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CY2018Q4 us-gaap Common Stock Value
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CY2017 us-gaap Comprehensive Income Net Of Tax
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CY2018 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
67948000 USD
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CY2018 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
4804000 USD
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113831000 USD
CY2017 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
185109000 USD
CY2018 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
63144000 USD
CY2018Q4 us-gaap Contract With Customer Asset Gross Current
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14757000 USD
CY2018Q1 us-gaap Contract With Customer Asset Gross Current
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4604000 USD
CY2018Q4 us-gaap Contract With Customer Asset Net Current
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14614000 USD
CY2018Q1 us-gaap Contract With Customer Asset Net Current
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4604000 USD
CY2018Q4 us-gaap Contract With Customer Liability Current
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143000 USD
CY2018Q1 us-gaap Contract With Customer Liability Current
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0 USD
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2808115000 USD
CY2017 us-gaap Cost Of Goods And Services Sold
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2946687000 USD
CY2018 us-gaap Cost Of Goods And Services Sold
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3075737000 USD
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-473000 USD
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22109000 USD
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40607000 USD
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CY2016 us-gaap Current Foreign Tax Expense Benefit
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22067000 USD
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22344000 USD
CY2018 us-gaap Current Foreign Tax Expense Benefit
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20717000 USD
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1063000 USD
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500000 USD
CY2018 us-gaap Current State And Local Tax Expense Benefit
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CY2018Q4 us-gaap Debt And Capital Lease Obligations
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CY2018Q4 us-gaap Debt Current
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CY2018Q4 us-gaap Debt Instrument Carrying Amount
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733200000 USD
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841445000 USD
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1828000 USD
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17594000 USD
CY2018 us-gaap Deferred Federal Income Tax Expense Benefit
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6350000 USD
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-6937000 USD
CY2018 us-gaap Deferred Foreign Income Tax Expense Benefit
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DeferredIncomeTaxExpenseBenefit
9082000 USD
CY2017 us-gaap Deferred Income Tax Expense Benefit
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11076000 USD
CY2018 us-gaap Deferred Income Tax Expense Benefit
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43006000 USD
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39105000 USD
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904000 USD
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419000 USD
CY2018 us-gaap Deferred State And Local Income Tax Expense Benefit
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2074000 USD
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13780000 USD
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13780000 USD
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0 USD
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-2122000 USD
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256684000 USD
CY2018Q4 us-gaap Deferred Tax Assets Gross
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270977000 USD
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33834000 USD
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70007000 USD
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24323000 USD
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61774000 USD
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38205000 USD
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42834000 USD
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4388000 USD
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57700000 USD
CY2018Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits
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51736000 USD
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170098000 USD
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2273000 USD
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0 USD
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9511000 USD
CY2018Q4 us-gaap Deferred Tax Liabilities Noncurrent
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8233000 USD
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11834000 USD
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15793000 USD
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28899000 USD
CY2018Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
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23312000 USD
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CY2018Q4 us-gaap Defined Benefit Pension Plan Liabilities Noncurrent
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138771000 USD
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3173000 USD
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215000 USD
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3962000 USD
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DefinedBenefitPlanEffectOfOnePercentagePointIncreaseOnServiceAndInterestCostComponents
278000 USD
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327793000 USD
CY2018Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
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312711000 USD
CY2018Q4 us-gaap Defined Benefit Plan Funded Status Of Plan
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957000 USD
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29728000 USD
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CY2017 us-gaap Depreciation
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CY2018 us-gaap Depreciation
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131854000 USD
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122660000 USD
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138088000 USD
CY2018 us-gaap Depreciation Depletion And Amortization
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146698000 USD
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96588000 USD
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100409000 USD
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289000 USD
CY2018 us-gaap Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
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951000 USD
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6826000 USD
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1000000 USD
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13500000 USD
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3225000 USD
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13500000 USD
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13774000 USD
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3797000 USD
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129000 USD
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15894000 USD
CY2018Q4 us-gaap Disposal Group Including Discontinued Operation Postretirement Plan Benefit Obligation
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9281000 USD
CY2018Q4 us-gaap Disposal Group Including Discontinued Operation Prepaid And Other Assets
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1759000 USD
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1197000 USD
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31148000 USD
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7.96
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2.35
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2.26
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1.39
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1.60
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3.16
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2.33
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1.80
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6.02
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7.42
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2.20
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2.14
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1.32
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1.53
CY2017 us-gaap Earnings Per Share Diluted
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7.21
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3.07
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2.28
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1.77
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CY2018 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
5.89
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-666000 USD
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-1475000 USD
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0.279
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0.350
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-0.396
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
CY2017Q4 us-gaap Employee Related Liabilities Current
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CY2018Q4 us-gaap Employee Related Liabilities Current
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92604000 USD
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3022000 USD
CY2017 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
5382000 USD
CY2018 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
4862000 USD
CY2017Q4 us-gaap Equity Method Investments
EquityMethodInvestments
42634000 USD
CY2018Q4 us-gaap Equity Method Investments
EquityMethodInvestments
44297000 USD
CY2017 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Other Comprehensive Income Loss
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-4000 USD
CY2017 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Purchases
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-16348000 USD
CY2018 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Out Of Level3
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110000 USD
CY2016Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
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16454000 USD
CY2017Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
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110000 USD
CY2018Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
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0 USD
CY2017Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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92027000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
105864000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
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17813000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
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7409000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
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7557000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
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7557000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
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11821000 USD
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FiniteLivedIntangibleAssetsGross
161118000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
205466000 USD
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FiniteLivedIntangibleAssetsNet
69091000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
99602000 USD
CY2017 us-gaap Foreign Currency Cash Flow Hedge Gain Loss Reclassified To Earnings Net
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2687000 USD
CY2018 us-gaap Foreign Currency Cash Flow Hedge Gain Loss Reclassified To Earnings Net
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1113000 USD
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-3958000 USD
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-7913000 USD
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-3170000 USD
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GainLossOnCashFlowHedgeIneffectivenessNet
353000 USD
CY2018 us-gaap Gain Loss On Cash Flow Hedge Ineffectiveness Net
GainLossOnCashFlowHedgeIneffectivenessNet
208000 USD
CY2018 us-gaap Gain Loss On Disposition Of Assets1
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10377000 USD
CY2017 us-gaap Gain Loss On Foreign Currency Cash Flow Hedge Ineffectiveness
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0 USD
CY2018 us-gaap Gain Loss On Foreign Currency Cash Flow Hedge Ineffectiveness
GainLossOnForeignCurrencyCashFlowHedgeIneffectiveness
0 USD
CY2017 us-gaap Gain Loss On Interest Rate Cash Flow Hedge Ineffectiveness
GainLossOnInterestRateCashFlowHedgeIneffectiveness
353000 USD
CY2018 us-gaap Gain Loss On Interest Rate Cash Flow Hedge Ineffectiveness
GainLossOnInterestRateCashFlowHedgeIneffectiveness
208000 USD
CY2016 us-gaap Gain Loss On Sale Of Accounts Receivable
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-801000 USD
CY2017 us-gaap Gain Loss On Sale Of Accounts Receivable
GainLossOnSaleOfAccountsReceivable
-931000 USD
CY2018 us-gaap Gain Loss On Sale Of Accounts Receivable
GainLossOnSaleOfAccountsReceivable
-1248000 USD
CY2016 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
0 USD
CY2017 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
0 USD
CY2018 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-10377000 USD
CY2016 us-gaap Gains Losses On Extinguishment Of Debt
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-5104000 USD
CY2017 us-gaap Gains Losses On Extinguishment Of Debt
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-1020000 USD
CY2018 us-gaap Gains Losses On Extinguishment Of Debt
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-770000 USD
CY2016Q4 us-gaap Goodwill
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167441000 USD
CY2017Q4 us-gaap Goodwill
Goodwill
171852000 USD
CY2018Q4 us-gaap Goodwill
Goodwill
143681000 USD
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414000 USD
CY2018 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
33604000 USD
CY2017 us-gaap Goodwill Foreign Currency Translation Gain Loss
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3997000 USD
CY2018 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-2994000 USD
CY2016 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2017 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2018 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
45281000 USD
CY2016 us-gaap Gross Profit
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664776000 USD
CY2017Q1 us-gaap Gross Profit
GrossProfit
170002000 USD
CY2017Q2 us-gaap Gross Profit
GrossProfit
172188000 USD
CY2017Q3 us-gaap Gross Profit
GrossProfit
150809000 USD
CY2017Q4 us-gaap Gross Profit
GrossProfit
178440000 USD
CY2017 us-gaap Gross Profit
GrossProfit
671439000 USD
CY2018Q1 us-gaap Gross Profit
GrossProfit
170880000 USD
CY2018Q2 us-gaap Gross Profit
GrossProfit
151365000 USD
CY2018Q3 us-gaap Gross Profit
GrossProfit
119655000 USD
CY2018Q4 us-gaap Gross Profit
GrossProfit
111656000 USD
CY2018 us-gaap Gross Profit
GrossProfit
553556000 USD
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
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121301000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
138477000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
103228000 USD
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
194760000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
213100000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
74906000 USD
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
73459000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
74623000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
-28322000 USD
CY2016 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
7877000 USD
CY2017 us-gaap Income Loss From Equity Method Investments
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137000 USD
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1856000 USD
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IncomeTaxExpenseBenefit
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-29683000 USD
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32533000 USD
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3260000 USD
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9112000 USD
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25761000 USD
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0 USD
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13947000 USD
CY2018 us-gaap Income Tax Reconciliation Deductions Other
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0 USD
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68166000 USD
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74585000 USD
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15730000 USD
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-5305000 USD
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-3563000 USD
CY2018 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
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-2097000 USD
CY2016 us-gaap Income Tax Reconciliation State And Local Income Taxes
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2564000 USD
CY2017 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
1177000 USD
CY2018 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
1273000 USD
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116000 USD
CY2017 us-gaap Income Tax Reconciliation Tax Contingencies Other
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730000 USD
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-2789000 USD
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10348000 USD
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11436000 USD
CY2018 us-gaap Income Tax Reconciliation Tax Credits
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11702000 USD
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38334000 USD
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36883000 USD
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32299000 USD
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70066000 USD
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11415000 USD
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579000 USD
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26428000 USD
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5612000 USD
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8879000 USD
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10153000 USD
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-6651000 USD
CY2017 us-gaap Increase Decrease In Inventories
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13929000 USD
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-1410000 USD
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2444000 USD
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7010000 USD
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-5981000 USD
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35455000 USD
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0 USD
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407224000 USD
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3806000 USD
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785000 USD
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3614000 USD
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580000 USD
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2370000 USD
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365471000 USD
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1451000 USD
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3270000 USD
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139051000 USD
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135303000 USD
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107766000 USD
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13300000 USD
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1377000 USD
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247104000 USD
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266520000 USD
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1273000 USD
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73000 USD
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49600000 USD
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46536000 USD
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-13488000 USD
CY2017 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
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-3137000 USD
CY2018 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
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4943000 USD
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CY2018 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Before Reclassification Adjustments Tax
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8489000 USD
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69000 USD
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-6288000 USD
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808000 USD
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1012000 USD
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2592000 USD
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-228000 USD
CY2018 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
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-753000 USD
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1591000 USD
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1286000 USD
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2652000 USD
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0 USD
CY2018 us-gaap Other Operating Income Expense Net
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0 USD
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61921000 USD
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40901000 USD
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13349000 USD
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23800000 USD
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55123000 USD
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59955000 USD
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39550000 USD
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2450000 USD
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37478000 USD
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478000 USD
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171653000 USD
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-164368000 USD
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-186795000 USD
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38090000 USD
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12624000 USD
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13297000 USD
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11618000 USD
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PaymentsToAcquireAdditionalInterestInSubsidiaries
0 USD
CY2017 us-gaap Payments To Acquire Additional Interest In Subsidiaries
PaymentsToAcquireAdditionalInterestInSubsidiaries
0 USD
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-218071000 USD
CY2018Q3 us-gaap Pension Contributions
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15000000 USD
CY2017Q4 us-gaap Preferred Stock Shares Authorized
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10000000 shares
CY2018Q4 us-gaap Preferred Stock Shares Authorized
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10000000 shares
CY2017Q4 us-gaap Preferred Stock Value
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17781272 shares
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17894718 shares
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%;padding-top:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Description of Business</font></div><div style="line-height:120%;padding-top:8px;text-indent:41px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Cooper-Standard Holdings Inc. (together with its consolidated subsidiaries, the &#8220;Company&#8221; or &#8220;Cooper Standard&#8221;), through its wholly-owned subsidiary, Cooper-Standard Automotive Inc. (&#8220;CSA U.S.&#8221;), is a leading manufacturer of sealing, fuel and brake delivery, fluid transfer, and anti-vibration systems. The Company&#8217;s products are primarily for use in passenger vehicles and light trucks that are manufactured by global automotive original equipment manufacturers (&#8220;OEMs&#8221;) and replacement markets. The Company conducts substantially all of its activities through its subsidiaries.</font></div><div style="line-height:120%;padding-top:8px;text-indent:41px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company believes it is the largest global producer of sealing systems, the second largest global producer of the types of fuel and brake delivery products that it manufactures and the third largest global producer of fluid transfer systems. The Company designs and manufactures its products in each major region of the world through a disciplined and sustained approach to engineering and operational excellence. The Company operates in </font><font style="font-family:inherit;font-size:10pt;">104</font><font style="font-family:inherit;font-size:10pt;"> manufacturing locations and </font><font style="font-family:inherit;font-size:10pt;">55</font><font style="font-family:inherit;font-size:10pt;"> design, engineering, administrative and logistics locations in </font><font style="font-family:inherit;font-size:10pt;">21</font><font style="font-family:inherit;font-size:10pt;">&#160;countries around the world.</font></div><div style="line-height:120%;padding-top:8px;text-align:left;text-indent:42px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On November 2, 2018, the Company entered into a definitive agreement to divest the anti-vibration systems product line. See Note 4. &#8220;Acquisitions and Divestitures&#8221; and Note 5. &#8220;Assets Held for Sale&#8221; for additional information.</font></div></div>
CY2018 us-gaap Property Plant And Equipment Preproduction Design And Development Costs
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<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:8px;text-indent:41px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Pre-production Costs Related to Long Term Supply Arrangements</font><font style="font-family:inherit;font-size:10pt;"> &#8211; Costs for molds, dies and other tools owned by the Company to produce products under long-term supply arrangements are recorded at cost in property, plant and equipment and amortized over the lesser of </font><font style="font-family:inherit;font-size:10pt;">three years</font><font style="font-family:inherit;font-size:10pt;"> or the term of the related supply agreement. The amounts capitalized were </font><font style="font-family:inherit;font-size:10pt;">$4,735</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$2,091</font><font style="font-family:inherit;font-size:10pt;"> as of </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2018</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2017</font><font style="font-family:inherit;font-size:10pt;">, respectively. The Company expenses all pre-production tooling costs related to customer-owned tools for which reimbursement is not contractually guaranteed by the customer. Reimbursable tooling costs are recorded in tooling receivable in the accompanying consolidated balance sheets if considered to be receivable in the next twelve months, and in other assets if considered to be receivable beyond twelve months. Tooling receivable for customer-owned tooling as of </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2018</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2017</font><font style="font-family:inherit;font-size:10pt;"> was </font><font style="font-family:inherit;font-size:10pt;">$141,106</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$112,561</font><font style="font-family:inherit;font-size:10pt;">, respectively. Reimbursable tooling costs included in other assets in the accompanying consolidated balance sheets were </font><font style="font-family:inherit;font-size:10pt;">$27,037</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$21,506</font><font style="font-family:inherit;font-size:10pt;"> as of </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2018</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2017</font><font style="font-family:inherit;font-size:10pt;">, respectively. </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%;padding-top:8px;text-indent:41px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Use of Estimates</font><font style="font-family:inherit;font-size:10pt;"> &#8211; The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and judgments that affect amounts reflected in the consolidated financial statements, as well as disclosure of contingent assets and liabilities. Considerable judgment is often involved in making such estimates, and the use of different assumptions could result in different conclusions. Management believes its assumptions and estimates are reasonable and appropriate. However, actual results could differ from those estimates.</font></div></div>

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