2019 Form 10-K Financial Statement

#000156459020007850 Filed on February 28, 2020

View on sec.gov

Income Statement

Concept 2019 2018 Q4 2018
Revenue $824.1M $194.8M $740.7M
YoY Change 11.26% 6.8% 9.54%
Cost Of Revenue $455.9M $108.8M $425.8M
YoY Change 7.07% 4.72% 4.7%
Gross Profit $368.2M $86.00M $314.9M
YoY Change 16.93% 9.55% 16.85%
Gross Profit Margin 44.68% 44.15% 42.51%
Selling, General & Admin $295.9M $65.70M $258.8M
YoY Change 14.34% 5.97% 20.88%
% of Gross Profit 80.36% 76.4% 82.18%
Research & Development $34.10M $29.60M
YoY Change 15.2% 55.79%
% of Gross Profit 9.26% 9.4%
Depreciation & Amortization $40.90M $14.20M $38.10M
YoY Change 7.35% 0.71% 7.93%
% of Gross Profit 11.11% 16.51% 12.1%
Operating Expenses $330.0M $66.20M $288.4M
YoY Change 14.42% 6.09% 23.72%
Operating Profit $72.30M $19.80M $56.10M
YoY Change 28.88% 22.98% 1.26%
Interest Expense $32.40M -$8.800M $83.20M
YoY Change -61.06% -59.63% -4.48%
% of Operating Profit 44.81% -44.44% 148.31%
Other Income/Expense, Net -$5.600M $200.0K
YoY Change -2900.0% -102.27%
Pretax Income $34.30M $11.00M -$26.90M
YoY Change -227.51% -292.98% -33.58%
Income Tax -$44.40M $2.100M $8.400M
% Of Pretax Income -129.45% 19.09%
Net Earnings $78.70M -$2.100M -$60.60M
YoY Change -229.87% -105.1% -1936.36%
Net Earnings / Revenue 9.55% -1.08% -8.18%
Basic Earnings Per Share $0.55 -$0.60
Diluted Earnings Per Share $0.53 -$15.11K -$0.60
COMMON SHARES
Basic Shares Outstanding 142.0M 114.0M
Diluted Shares Outstanding 148.8M 114.0M

Balance Sheet

Concept 2019 2018 Q4 2018
SHORT-TERM ASSETS
Cash & Short-Term Investments $281.3M $217.8M $217.8M
YoY Change 29.16% 118.67%
Cash & Equivalents $281.3M $217.8M $217.8M
Short-Term Investments
Other Short-Term Assets $3.268B $2.000M $2.652B
YoY Change 23.19% -62.26% -35.98%
Inventory
Prepaid Expenses $40.30M
Receivables $74.90M $63.90M $63.90M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $3.624B $2.934B $2.934B
YoY Change 23.5% -34.3% -32.12%
LONG-TERM ASSETS
Property, Plant & Equipment $160.3M $104.4M $104.4M
YoY Change 53.54% 2.35% 0.58%
Goodwill $1.927B
YoY Change -1.71%
Intangibles $187.5M
YoY Change -9.2%
Long-Term Investments
YoY Change
Other Assets $150.3M $94.40M $94.40M
YoY Change 59.22% 14.84% 2260.0%
Total Long-Term Assets $2.462B $2.314B $2.314B
YoY Change 6.41% -1.62% -3.9%
TOTAL ASSETS
Total Short-Term Assets $3.624B $2.934B $2.934B
Total Long-Term Assets $2.462B $2.314B $2.314B
Total Assets $6.086B $5.248B $5.248B
YoY Change 15.97% -23.03% -22.02%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $43.20M $41.50M $41.50M
YoY Change 4.1% -6.53% -14.96%
Accrued Expenses $98.60M $78.40M $78.40M
YoY Change 25.77% -22.68%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $10.80M $6.800M $6.800M
YoY Change 58.82%
Total Short-Term Liabilities $3.372B $2.770B $2.770B
YoY Change 21.74% -35.38% -35.18%
LONG-TERM LIABILITIES
Long-Term Debt $666.3M $663.5M $663.5M
YoY Change 0.42% -40.75% -40.75%
Other Long-Term Liabilities $165.4M $45.90M $199.2M
YoY Change -16.97% -6.33% -4.51%
Total Long-Term Liabilities $831.7M $709.4M $862.7M
YoY Change -3.59% -39.31% -35.06%
TOTAL LIABILITIES
Total Short-Term Liabilities $3.372B $2.770B $2.770B
Total Long-Term Liabilities $831.7M $709.4M $862.7M
Total Liabilities $4.203B $3.632B $3.632B
YoY Change 15.72% -35.22% -35.58%
SHAREHOLDERS EQUITY
Retained Earnings -$335.6M
YoY Change 25.55%
Common Stock $1.400M
YoY Change 100.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.882B $1.616B $1.616B
YoY Change
Total Liabilities & Shareholders Equity $6.086B $5.248B $5.248B
YoY Change 15.97% -22.02% -22.02%

Cashflow Statement

Concept 2019 2018 Q4 2018
OPERATING ACTIVITIES
Net Income $78.70M -$2.100M -$60.60M
YoY Change -229.87% -105.1% -1936.36%
Depreciation, Depletion And Amortization $40.90M $14.20M $38.10M
YoY Change 7.35% 0.71% 7.93%
Cash From Operating Activities $50.60M $27.60M $9.500M
YoY Change 432.63% -6.44% -123.87%
INVESTING ACTIVITIES
Capital Expenditures -$55.20M -$11.50M -$40.20M
YoY Change 37.31% -37.84% -20.55%
Acquisitions $30.20M
YoY Change
Other Investing Activities -$64.10M -$24.00M -$10.90M
YoY Change 488.07% -96.23% -96.95%
Cash From Investing Activities -$119.3M -$35.50M -$51.10M
YoY Change 133.46% -94.58% 29.04%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $595.0M
YoY Change 658.93%
Debt Paid & Issued, Net $7.200M $1.134B
YoY Change -99.37% 4278.38%
Cash From Financing Activities 609.7M -767.7M -1.252B
YoY Change -148.71% -220.92% -407.67%
NET CHANGE
Cash From Operating Activities 50.60M 27.60M 9.500M
Cash From Investing Activities -119.3M -35.50M -51.10M
Cash From Financing Activities 609.7M -767.7M -1.252B
Net Change In Cash 552.3M -775.6M -1.306B
YoY Change -142.29% -8179.17% -485.93%
FREE CASH FLOW
Cash From Operating Activities $50.60M $27.60M $9.500M
Capital Expenditures -$55.20M -$11.50M -$40.20M
Free Cash Flow $105.8M $39.10M $49.70M
YoY Change 112.88% -18.54% 360.19%

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40600000
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CY2019 us-gaap Other Comprehensive Income Loss Tax
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17200000
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50600000
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408400000
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16300000
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CY2018 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
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CY2019 us-gaap Net Cash Provided By Used In Investing Activities
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529900000
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11300000
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552300000
CY2018 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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CY2017 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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338400000
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2068200000
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CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value Including Discontinued Operations
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217800000
CY2017Q4 us-gaap Cash And Cash Equivalents At Carrying Value Including Discontinued Operations
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2317600000
CY2019Q4 us-gaap Restricted Cash And Cash Equivalents Current Asset Statement Of Financial Position Extensible List
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us-gaap:FundsHeldForClients
CY2018Q4 us-gaap Restricted Cash And Cash Equivalents Current Asset Statement Of Financial Position Extensible List
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21100000
CY2017 us-gaap Income Taxes Paid Net
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21300000
CY2017Q4 us-gaap Restricted Cash And Cash Equivalents Current Asset Statement Of Financial Position Extensible List
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37400000
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4400000
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1900000
CY2019 us-gaap Proceeds From Income Tax Refunds
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300000
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74500000
CY2019 us-gaap Use Of Estimates
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<p style="margin-bottom:0pt;margin-top:18pt;text-indent:0%;font-weight:bold;font-style:italic;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;">Use of Estimates </p> <p style="margin-bottom:0pt;margin-top:6pt;text-indent:4.86%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The preparation of consolidated financial statements in conformity with GAAP requires us 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 our financial statements and our reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Estimates that could significantly affect our results of operations or financial condition include the assignment of fair values to goodwill and other intangible assets and testing for impairment; the testing of impairment of long-lived assets; the determination of our liability for pensions and postretirement benefits; the determination of fair value of stock options granted; and the resolution of tax matters and legal contingencies. Further discussion on these estimates can be found in related disclosures elsewhere in our notes to the consolidated financial statements.</p>
CY2019 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<p style="margin-bottom:0pt;margin-top:18pt;text-indent:0%;font-weight:bold;font-style:italic;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;">Reclassifications </p> <p style="margin-bottom:0pt;margin-top:6pt;text-indent:4.86%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Certain prior year amounts have been reclassified to conform to the current year presentation.&nbsp;&nbsp; </p>
CY2019 us-gaap Concentration Risk Credit Risk
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<p style="margin-bottom:0pt;margin-top:18pt;text-indent:0%;font-weight:bold;font-style:italic;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;">Concentrations </p> <p style="margin-bottom:0pt;margin-top:6pt;text-indent:4.86%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Cash deposits of client and corporate funds are maintained primarily in large credit-worthy financial institutions in the countries in which we operate. These deposits may exceed the amount of any deposit insurance that may be available through government agencies. All deliverable securities are held in custody with large credit-worthy financial institutions, which bear the risk of custodial loss. Non-deliverable securities, primarily money market securities, are held in custody by large, credit-worthy broker-dealers and financial institutions. </p>
CY2019 us-gaap Interest Costs Capitalized
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CY2018 us-gaap Interest Costs Capitalized
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500000
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32200000
CY2019 us-gaap Depreciation Amortization And Accretion Net
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70400000
CY2019Q1 us-gaap Tax Cuts And Jobs Act Of2017 Reclassification From Aoci To Retained Earnings Tax Effect
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-27100000
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24150000
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631300000
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631300000
CY2019 cday Underwriting Discounts And Commissions
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29200000
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11800000
CY2019 cday Sponsor Management Fee
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11300000
CY2019 cday Debt Instrument Refinancing Expenses
DebtInstrumentRefinancingExpenses
11400000
CY2019 cday Cash Transferred One
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68600000
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2400000
CY2018Q4 us-gaap Allowance For Doubtful Accounts Receivable
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1300000
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3700000
CY2019 cday Investment Income From Invested Customer Trust Fund
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80200000
CY2018 cday Investment Income From Invested Customer Trust Fund
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67000000
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1826800000
CY2019 us-gaap Research And Development Expense
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34100000
CY2018 us-gaap Research And Development Expense
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29600000
CY2018 us-gaap Amortization Of Deferred Charges
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26200000
CY2017 us-gaap Amortization Of Deferred Charges
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21200000
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61900000
CY2017 cday Investment Income From Invested Customer Trust Fund
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46500000
CY2018Q4 us-gaap Assets Fair Value Disclosure
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1715000000
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19000000
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5400000
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5800000
CY2017 us-gaap Advertising Expense
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5600000
CY2019 us-gaap Defined Benefit Plan Narrative Description Of Basis Used To Determine Overall Expected Long Term Rate Of Return On Assets Assumption
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The long-term rate of return is estimated by considering historical returns and expected returns on current and projected asset allocations and is generally applied to a five-year average market value of assets.
CY2019Q4 us-gaap Assets Fair Value Disclosure
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1826800000
CY2018Q4 us-gaap Available For Sale Securities
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1715000000
CY2019Q4 cday Money Market Securities Investments Carried At Cost And Other Cash Equivalents Fair Value
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1348100000
CY2019Q4 cday Invested Customer Trust Funds
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3174900000
CY2019Q4 cday Trust Receivables
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29200000
CY2019Q4 us-gaap Money Market Funds At Carrying Value
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CY2019Q4 cday Trust Receivables Amortized Cost
TrustReceivablesAmortizedCost
40400000
CY2019Q4 cday Funds Held For Clients Amortized Cost
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3193600000
CY2019Q4 us-gaap Available For Sale Securities Amortized Cost
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1805100000
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23400000
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1700000
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CY2018Q4 cday Invested Customer Trust Funds
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CY2018Q4 cday Trust Receivables
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CY2018Q4 us-gaap Money Market Funds At Carrying Value
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2608100000
CY2018Q4 cday Trust Receivables Amortized Cost
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11600000
CY2018Q4 cday Funds Held For Clients Amortized Cost
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CY2018Q4 us-gaap Available For Sale Securities Amortized Cost
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4300000
CY2018 us-gaap Available For Sale Securities Gross Unrealized Loss
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20500000
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1400000
CY2019Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
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347300000
CY2019Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
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300000
CY2019Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value
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119200000
CY2019Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
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1700000
CY2019Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Fair Value
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466500000
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1666400000
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719700000
CY2019Q4 cday Available For Sale Securities Debt Maturities After Three Through Five Years Amortized Cost
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592700000
CY2019Q4 cday Available For Sale Securities Debt Maturities After Five Years Amortized Cost
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174400000
CY2019Q4 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
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1666700000
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725700000
CY2019Q4 cday Available For Sale Securities Debt Maturities After Three Through Five Years Fair Value
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603300000
CY2019Q4 cday Available For Sale Securities Debt Maturities After Five Years Fair Value
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179200000
CY2019Q4 us-gaap Receivables From Customers
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75700000
CY2018Q4 us-gaap Receivables From Customers
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62600000
CY2019Q4 us-gaap Interest Receivable
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CY2018Q4 us-gaap Interest Receivable
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CY2018Q4 us-gaap Other Receivables
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CY2018Q4 us-gaap Accounts Receivable Gross Current
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CY2019Q4 cday Reserve For Sales Adjustments
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3700000
CY2018Q4 cday Reserve For Sales Adjustments
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3800000
CY2019Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
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2400000
CY2018Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
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1300000
CY2016Q4 us-gaap Allowance For Doubtful Accounts Receivable
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1800000
CY2019 us-gaap Allowance For Doubtful Accounts Receivable Recoveries
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2100000
CY2018 us-gaap Allowance For Doubtful Accounts Receivable Recoveries
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447800000
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319500000
CY2018Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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286100000
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40900000
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38100000
CY2017 us-gaap Depreciation
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25700000
CY2019 us-gaap Goodwill Foreign Currency Translation Gain Loss
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20400000
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19100000
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542600000
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364700000
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531100000
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343600000
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16200000
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18500000
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18500000
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1700000
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1700000
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1100000
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900000
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600000
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2311700000
CY2018Q4 us-gaap Noncurrent Assets
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12400000
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683900000
CY2018Q4 cday Debt Instrument Carrying Amount And Finance Lease Liability
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678300000
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1400000
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1700000
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5400000
CY2018Q4 us-gaap Unamortized Debt Issuance Expense
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6300000
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0.0025
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3600000
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500000
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The 2018 Senior Secured Credit Facility documents contain a requirement that Ceridian maintain a ratio of adjusted first lien debt to Credit Facility EBITDA below specified levels on a quarterly basis; however, such requirement is applicable only if more than 35% of the 2018 Revolving Credit Facility is drawn. As of December 31, 2019, no portion of the 2018 Revolving Credit Facility was drawn.
CY2019Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
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6800000
CY2019Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
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6800000
CY2019Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
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6800000
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0.25
CY2019 us-gaap Increase Decrease In Pension Plan Obligations
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-100000
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7500000
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6800000
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637500000
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671500000
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675100000
CY2018Q4 us-gaap Debt Instrument Fair Value
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649500000
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9800000
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8400000
CY2019 cday Defined Benefit Plan Inactive Participants
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0.99
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18000000
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4196193
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36500000
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24700000
CY2017 us-gaap Allocated Share Based Compensation Expense
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16100000
CY2019 cday Number Of Customers
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0
CY2019 us-gaap Concentration Risk Benchmark Description
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No single customer accounts for 1% or more of our consolidated revenue for any of the periods presented.
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43200000
CY2018Q4 us-gaap Contract With Customer Asset Net
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40000000
CY2018Q4 us-gaap Contract With Customer Liability
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23200000
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16500000
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365500000
CY2018 cday Contract With Customer Liability New And Acquired Billings
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259100000
CY2019 us-gaap Contract With Customer Liability Revenue Recognized
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363500000
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252000000
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-300000
CY2018 cday Contract With Customer Liability Effect Of Exchange Rate
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400000
CY2019Q4 us-gaap Contract With Customer Liability
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25500000
CY2019Q4 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
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P3Y
CY2019Q4 us-gaap Revenue Remaining Performance Obligation
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838300000
CY2019 us-gaap Revenue Practical Expedient Remaining Performance Obligation Description
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In accordance with the practical expedient provided in ASC Topic 606, performance obligations that are billed and recognized as they are delivered, primarily professional services contracts that are on a time and materials basis, are excluded from the transaction price for remaining performance obligations disclosed above.
CY2019 us-gaap Foreign Currency Transaction Gain Loss Before Tax
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-400000
CY2018 us-gaap Foreign Currency Transaction Gain Loss Before Tax
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2900000
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-7300000
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5200000
CY2018 us-gaap Net Periodic Defined Benefits Expense Reversal Of Expense Excluding Service Cost Component
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2700000
CY2017 us-gaap Net Periodic Defined Benefits Expense Reversal Of Expense Excluding Service Cost Component
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1500000
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-11700000
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-65600000
CY2019 us-gaap Oci Before Reclassifications Before Tax Attributable To Parent
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66500000
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12000000
CY2019 us-gaap Reclassification From Aoci Current Period Net Of Tax Attributable To Parent
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-10100000
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64600000
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
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25900000
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8400000
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
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44500000
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
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33400000
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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34300000
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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-26900000
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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CY2019 us-gaap Current Federal Tax Expense Benefit
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7100000
CY2018 us-gaap Current Federal Tax Expense Benefit
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3800000
CY2017 us-gaap Current Federal Tax Expense Benefit
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CY2019 us-gaap Current State And Local Tax Expense Benefit
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400000
CY2018 us-gaap Current State And Local Tax Expense Benefit
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300000
CY2017 us-gaap Current State And Local Tax Expense Benefit
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100000
CY2019 us-gaap Current Foreign Tax Expense Benefit
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17500000
CY2018 us-gaap Current Foreign Tax Expense Benefit
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20400000
CY2019 us-gaap Current Income Tax Expense Benefit
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25000000
CY2018 us-gaap Current Income Tax Expense Benefit
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24500000
CY2019Q4 us-gaap Deferred Tax Assets Valuation Allowance
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15100000
CY2018Q4 us-gaap Deferred Tax Assets Valuation Allowance
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83800000
CY2018 us-gaap Deferred State And Local Income Tax Expense Benefit
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CY2018 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.210
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109500000
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45900000
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13600000
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CY2019 us-gaap Deferred State And Local Income Tax Expense Benefit
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-19300000
CY2017 us-gaap Deferred Foreign Income Tax Expense Benefit
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-1700000
CY2019 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.210
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12700000
CY2019 us-gaap Deferred Federal Income Tax Expense Benefit
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-42600000
CY2018 us-gaap Deferred Federal Income Tax Expense Benefit
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-14100000
CY2017 us-gaap Deferred State And Local Income Tax Expense Benefit
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800000
CY2019 us-gaap Deferred Foreign Income Tax Expense Benefit
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-7500000
CY2018 us-gaap Deferred Foreign Income Tax Expense Benefit
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200000
CY2017 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.350
CY2019 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
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CY2017 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
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1.546
CY2019 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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0.039
CY2018 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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0.312
CY2017 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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0.059
CY2019 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Percent
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CY2018 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Percent
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0.100
CY2017 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Percent
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-0.111
CY2019 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
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0.038
CY2018 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
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CY2017 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
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0.096
CY2018 us-gaap Effective Income Tax Rate Reconciliation Deductions Dividends
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CY2019 cday Effective Income Tax Reconciliation Foreign Tax Benefit From Tax Provision Of Non Taxable Internal Capital Gain
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0.032
CY2018 cday Effective Income Tax Reconciliation Foreign Tax Benefit From Tax Provision Of Non Taxable Internal Capital Gain
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-0.071
CY2019 cday Effective Income Tax Rate Reconciliation Unremitted Foreign Earnings
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CY2017 cday Effective Income Tax Rate Reconciliation Unremitted Foreign Earnings
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0.477
CY2018 cday Effective Income Tax Rate Reconciliation Global Intangible Low Tax Income
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CY2019 cday Effective Income Tax Rate Reconciliation Base Erosion Tax
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CY2018 cday Effective Income Tax Rate Reconciliation Base Erosion Tax
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CY2019 us-gaap Effective Income Tax Rate Reconciliation Tax Contingencies
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CY2019 cday Effective Income Tax Rate Reconciliation Change In Effective Tax Rate
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CY2018 cday Effective Income Tax Rate Reconciliation Change In Effective Tax Rate
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CY2017 cday Effective Income Tax Rate Reconciliation Change In Effective Tax Rate
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CY2017 us-gaap Effective Income Tax Rate Reconciliation Tax Contingencies Other
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CY2019 us-gaap Effective Income Tax Rate Continuing Operations
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CY2018 us-gaap Effective Income Tax Rate Continuing Operations
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CY2017 us-gaap Effective Income Tax Rate Continuing Operations
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1.198
CY2019Q4 cday Release Of Valuation Allowance
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CY2019Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Compensation
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CY2018Q4 cday Operating And Finance Leases Future Minimum Payments Due In Two Years
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CY2019Q4 us-gaap Deferred Income Tax Liabilities
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CY2019Q4 cday Unrecognized Tax Benefits Resulting In Net Operating Losses Carryforward
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CY2019Q4 cday Deferred Tax Assets Tax Credit Carry Forwards Domestic
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CY2019 us-gaap Income Tax Examination Description
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With a few exceptions, we are no longer subject to U.S. federal, state and local, or non-U.S. income tax examinations by tax authorities for years before 2015.
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CY2017Q4 us-gaap Unrecognized Tax Benefits
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CY2019 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
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CY2019 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
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CY2019 cday Unremitted Earnings Not Considered Indefinitely Reinvested
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CY2019 us-gaap Income Tax Reconciliation Repatriation Of Foreign Earnings
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CY2019 cday Withholding Tax Expense
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CY2019 cday Lessee Maximum Initial Term Of Lease Which Are Not Recorded On Balance Sheet
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CY2019Q4 us-gaap Finance Lease Right Of Use Asset
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CY2019Q4 us-gaap Finance Lease Right Of Use Asset Statement Of Financial Position Extensible List
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CY2019Q4 cday Operating And Finance Lease Right Of Use Asset
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CY2019Q4 us-gaap Finance Lease Liability Current
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CY2019Q4 us-gaap Finance Lease Liability Current Statement Of Financial Position Extensible List
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CY2019Q4 us-gaap Finance Lease Liability Noncurrent
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CY2019Q4 us-gaap Finance Lease Liability Noncurrent Statement Of Financial Position Extensible List
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CY2019Q4 cday Operating And Finance Lease Liability Current And Noncurrent
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CY2019 us-gaap Operating Lease Cost
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CY2019 cday Depreciation Of Lease Assets
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CY2019 us-gaap Finance Lease Interest Expense
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CY2019 us-gaap Sublease Income
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CY2019 us-gaap Lease Cost
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CY2018 us-gaap Operating Leases Rent Expense Minimum Rentals
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17600000
CY2017 us-gaap Operating Leases Rent Expense Minimum Rentals
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CY2018 us-gaap Operating Leases Rent Expense Sublease Rentals1
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4900000
CY2017 us-gaap Operating Leases Rent Expense Sublease Rentals1
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CY2018 us-gaap Operating Leases Rent Expense Net
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CY2017 us-gaap Operating Leases Rent Expense Net
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CY2019 us-gaap Operating Lease Payments
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11200000
CY2019 us-gaap Finance Lease Principal Payments
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CY2019 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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3700000
CY2019 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
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CY2019Q4 cday Lessee Operating And Finance Lease Liability Payments Due Next Twelve Months
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CY2019Q4 cday Lessee Operating And Finance Lease Liability Payments Due Year Two
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9700000
CY2018Q4 cday Operating And Finance Leases Future Minimum Payments Due In Four Years
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7400000
CY2019Q4 cday Lessee Operating And Finance Lease Liability Payments Due Year Three
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10000000
CY2019Q4 cday Lessee Operating And Finance Lease Liability Payments Due Year Four
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CY2019Q4 cday Lessee Operating And Finance Lease Liability Payments Due Year Five
LesseeOperatingAndFinanceLeaseLiabilityPaymentsDueYearFive
4800000
CY2019Q4 cday Lessee Operating And Finance Lease Liability Payments Due After Year Five
LesseeOperatingAndFinanceLeaseLiabilityPaymentsDueAfterYearFive
13900000
CY2019Q4 cday Lessee Operating And Finance Lease Liability Payments Due
LesseeOperatingAndFinanceLeaseLiabilityPaymentsDue
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CY2019Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
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CY2018Q4 cday Operating And Finance Leases Future Minimum Payments Due Thereafter
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CY2018Q4 cday Operating And Finance Leases Future Minimum Payments Due
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CY2019Q4 cday Minimum Sublease Rentals Under Noncancallable Subleases
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CY2018Q4 cday Operating And Finance Leases Future Minimum Payments Due In Five Years
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CY2019Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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CY2019Q4 us-gaap Accrual For Environmental Loss Contingencies
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9300000
CY2018 us-gaap Preferred Stock Dividends Income Statement Impact
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7700000
CY2017 us-gaap Preferred Stock Dividends Income Statement Impact
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CY2019 us-gaap Net Income Loss Available To Common Stockholders Basic
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CY2018 us-gaap Net Income Loss Available To Common Stockholders Basic
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CY2017 us-gaap Net Income Loss Available To Common Stockholders Basic
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CY2019 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
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CY2019 us-gaap Income Loss From Continuing Operations Per Basic Share
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CY2018 us-gaap Income Loss From Continuing Operations Per Basic Share
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CY2017 us-gaap Income Loss From Continuing Operations Per Basic Share
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CY2018 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
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CY2017 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
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CY2019 us-gaap Income Loss From Continuing Operations Per Diluted Share
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CY2018 us-gaap Income Loss From Continuing Operations Per Diluted Share
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CY2017 us-gaap Income Loss From Continuing Operations Per Diluted Share
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CY2017 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
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