2015 Q1 Form 10-K Financial Statement

#000002891715000046 Filed on March 25, 2015

View on sec.gov

Income Statement

Concept 2015 Q1 2015 2014 Q1
Revenue $2.135B $6.780B $2.034B
YoY Change 4.99% 1.32% -5.57%
Cost Of Revenue $1.433B $4.273B $1.372B
YoY Change 4.45% 1.16% -0.8%
Gross Profit $702.8M $2.348B $662.3M
YoY Change 6.11% 1.76% -14.13%
Gross Profit Margin 32.91% 34.64% 32.56%
Selling, General & Admin $467.0M $1.664B $449.0M
YoY Change 4.01% 0.3% -7.46%
% of Gross Profit 66.45% 70.85% 67.79%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $64.40M $252.3M $61.50M
YoY Change 4.72% -1.91% -6.96%
% of Gross Profit 9.16% 10.74% 9.29%
Operating Expenses $530.9M $1.664B $510.2M
YoY Change 4.06% -13.08% -7.35%
Operating Profit $171.9M $684.6M $152.1M
YoY Change 12.99% 73.92% -31.03%
Interest Expense -$15.70M $61.31M -$16.20M
YoY Change -3.09% -195.05% -7.43%
% of Operating Profit -9.13% 8.96% -10.65%
Other Income/Expense, Net
YoY Change
Pretax Income $200.0M $510.8M $181.8M
YoY Change 10.01% 2.93% -14.12%
Income Tax $69.50M $179.5M $62.70M
% Of Pretax Income 34.75% 35.14% 34.49%
Net Earnings $130.5M $331.9M $119.1M
YoY Change 9.56% 2.53% -26.21%
Net Earnings / Revenue 6.11% 4.89% 5.86%
Basic Earnings Per Share $7.79
Diluted Earnings Per Share $3.17 $7.79 $2.71
COMMON SHARES
Basic Shares Outstanding 42.60M shares
Diluted Shares Outstanding 42.60M shares

Balance Sheet

Concept 2015 Q1 2015 2014 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $403.8M $403.8M $237.1M
YoY Change 70.31% 70.31% 91.06%
Cash & Equivalents $403.8M $403.8M $237.1M
Short-Term Investments
Other Short-Term Assets $46.35M $53.70M $46.86M
YoY Change -1.08% 14.5% 12.05%
Inventory $1.375B $1.375B $1.345B
Prepaid Expenses
Receivables $56.50M $56.50M $30.80M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $1.888B $1.888B $1.660B
YoY Change 13.75% 13.75% 11.27%
LONG-TERM ASSETS
Property, Plant & Equipment $2.029B $2.029B $2.134B
YoY Change -4.92% -4.92% -6.68%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $252.5M $252.5M $256.4M
YoY Change -1.53% -1.52% -4.95%
Total Long-Term Assets $2.280B $2.282B $2.391B
YoY Change -4.64% -4.55% -6.5%
TOTAL ASSETS
Total Short-Term Assets $1.888B $1.888B $1.660B
Total Long-Term Assets $2.280B $2.282B $2.391B
Total Assets $4.168B $4.170B $4.051B
YoY Change 2.9% 2.95% 0.05%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $530.8M $530.8M $640.3M
YoY Change -17.1% 14.18% -2.06%
Accrued Expenses $199.6M $199.6M
YoY Change 13.73%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $800.0K $0.00
YoY Change 0.0%
Total Short-Term Liabilities $800.6M $800.6M $778.3M
YoY Change 2.87% 2.87% 1.46%
LONG-TERM LIABILITIES
Long-Term Debt $614.8M $820.7M $614.8M
YoY Change 0.0% -0.1% 0.0%
Other Long-Term Liabilities $250.5M $250.5M $228.4M
YoY Change 9.64% 9.68% -2.16%
Total Long-Term Liabilities $865.2M $1.071B $843.2M
YoY Change 2.61% 2.03% -0.6%
TOTAL LIABILITIES
Total Short-Term Liabilities $800.6M $800.6M $778.3M
Total Long-Term Liabilities $865.2M $1.071B $843.2M
Total Liabilities $1.666B $2.151B $1.622B
YoY Change 2.74% 4.48% 0.38%
SHAREHOLDERS EQUITY
Retained Earnings $3.735B $3.413B
YoY Change 9.42% 10.12%
Common Stock $939.2M $936.4M
YoY Change 0.3% 0.29%
Preferred Stock
YoY Change
Treasury Stock (at cost) $2.624B $2.333B
YoY Change 12.45% 14.84%
Treasury Stock Shares 82.55M shares 79.77M shares
Shareholders Equity $2.019B $2.019B $1.992B
YoY Change
Total Liabilities & Shareholders Equity $4.170B $4.170B $4.051B
YoY Change 2.95% 2.95% 0.05%

Cashflow Statement

Concept 2015 Q1 2015 2014 Q1
OPERATING ACTIVITIES
Net Income $130.5M $331.9M $119.1M
YoY Change 9.56% 2.53% -26.21%
Depreciation, Depletion And Amortization $64.40M $252.3M $61.50M
YoY Change 4.72% -1.91% -6.96%
Cash From Operating Activities $401.7M $611.6M $328.8M
YoY Change 22.17% 21.88% 8.59%
INVESTING ACTIVITIES
Capital Expenditures -$27.80M $151.9M -$29.60M
YoY Change -6.08% 60.01% 19.84%
Acquisitions
YoY Change
Other Investing Activities $3.700M $8.500M $0.00
YoY Change -53.55% -100.0%
Cash From Investing Activities -$24.10M -$143.4M -$29.60M
YoY Change -18.58% 87.21% 410.34%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $290.4M
YoY Change -3.7%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -65.80M -301.6M -173.0M
YoY Change -61.97% -3.36% -41.91%
NET CHANGE
Cash From Operating Activities 401.7M 611.6M 328.8M
Cash From Investing Activities -24.10M -143.4M -29.60M
Cash From Financing Activities -65.80M -301.6M -173.0M
Net Change In Cash 311.8M 166.6M 126.2M
YoY Change 147.07% 47.3% -15875.0%
FREE CASH FLOW
Cash From Operating Activities $401.7M $611.6M $328.8M
Capital Expenditures -$27.80M $151.9M -$29.60M
Free Cash Flow $429.5M $459.7M $358.4M
YoY Change 19.84% 12.99% 9.44%

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1.00
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1.00
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1.00
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5400000 USD
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CY2014 us-gaap Current Federal Tax Expense Benefit
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CY2015 us-gaap Current Federal Tax Expense Benefit
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CY2014 us-gaap Current Income Tax Expense Benefit
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180729000 USD
CY2015 us-gaap Current Income Tax Expense Benefit
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CY2013 us-gaap Current State And Local Tax Expense Benefit
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1134000 USD
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4438000 USD
CY2015 us-gaap Current State And Local Tax Expense Benefit
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4020000 USD
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CY2013 us-gaap Deferred Income Tax Expense Benefit
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CY2014 us-gaap Deferred Income Tax Expense Benefit
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CY2015 us-gaap Deferred Income Tax Expense Benefit
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CY2013 us-gaap Deferred State And Local Income Tax Expense Benefit
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CY2015Q1 us-gaap Deferred Tax Assets Net
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116200000 USD
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77774000 USD
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1611000 USD
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1573000 USD
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1751000 USD
CY2015Q1 us-gaap Deferred Tax Assets State Taxes
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1320000 USD
CY2014Q1 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals
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81383000 USD
CY2015Q1 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals
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CY2015Q1 us-gaap Deferred Tax Liabilities Deferred Expense Capitalized Inventory Costs
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CY2014Q1 us-gaap Defined Benefit Plan Accumulated Benefit Obligation
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CY2015Q1 us-gaap Defined Benefit Plan Accumulated Benefit Obligation
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0 USD
CY2015Q1 us-gaap Defined Benefit Plan Accumulated Other Comprehensive Income Net Prior Service Cost Credit Before Tax
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0 USD
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1214000 USD
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CY2014 us-gaap Defined Benefit Plan Amortization Of Gains Losses
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626000 USD
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96000 USD
CY2015 us-gaap Defined Benefit Plan Amortization Of Prior Service Cost Credit
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3697000 USD
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10398000 USD
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4321000 USD
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CY2014Q1 us-gaap Defined Benefit Plan Assumptions Used Calculating Benefit Obligation Rate Of Compensation Increase
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0.030
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0.030
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CY2014 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Discount Rate
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CY2015 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Discount Rate
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0.044
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CY2015 us-gaap Defined Benefit Plan Benefits Paid
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CY2014 us-gaap Defined Benefit Plan Contributions By Employer
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2722000 USD
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2838000 USD
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5776000 USD
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4803000 USD
CY2013Q1 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
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CY2014Q1 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
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0 USD
CY2015Q1 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
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CY2014Q1 us-gaap Defined Benefit Plan Funded Status Of Plan
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CY2015Q1 us-gaap Defined Benefit Plan Funded Status Of Plan
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0 USD
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CY2014 us-gaap Earnings Per Share Diluted
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2.56
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1.30
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0 USD
CY2013Q2 us-gaap Defined Benefit Plan Recognized Net Gain Loss Due To Curtailments
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1500000 USD
CY2014 us-gaap Defined Benefit Plan Recognized Net Gain Loss Due To Curtailments
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1480000 USD
CY2015 us-gaap Defined Benefit Plan Recognized Net Gain Loss Due To Curtailments
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0 USD
CY2013 us-gaap Defined Benefit Plan Service Cost
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3267000 USD
CY2014 us-gaap Defined Benefit Plan Service Cost
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4237000 USD
CY2015 us-gaap Defined Benefit Plan Service Cost
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4396000 USD
CY2013 us-gaap Defined Contribution Plan Cost Recognized
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16000000 USD
CY2014 us-gaap Defined Contribution Plan Cost Recognized
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18000000 USD
CY2015 us-gaap Defined Contribution Plan Cost Recognized
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18000000 USD
CY2013 us-gaap Depreciation And Amortization
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259621000 USD
CY2014 us-gaap Depreciation And Amortization
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CY2015 us-gaap Depreciation And Amortization
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CY2013 us-gaap Depreciation Depletion And Amortization
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261572000 USD
CY2014 us-gaap Depreciation Depletion And Amortization
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257237000 USD
CY2015 us-gaap Depreciation Depletion And Amortization
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252334000 USD
CY2015Q1 us-gaap Disposal Group Including Discontinued Operation Long Lived Assets
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CY2013 us-gaap Dividends Common Stock Cash
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CY2014 us-gaap Dividends Common Stock Cash
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9997000 USD
CY2015 us-gaap Dividends Common Stock Cash
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6.98
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7.10
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CY2013 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
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CY2014 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
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0 USD
CY2015 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
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0 USD
CY2013 us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
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49949000 USD
CY2014 us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
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0 USD
CY2015 us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
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0 USD
CY2014Q1 us-gaap Furniture And Fixtures Gross
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1244671000 USD
CY2015Q1 us-gaap Furniture And Fixtures Gross
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1183045000 USD
CY2013 us-gaap Gain Loss On Disposition Of Assets1
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12435000 USD
CY2014 us-gaap Gain Loss On Disposition Of Assets1
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12379000 USD
CY2015 us-gaap Gain Loss On Disposition Of Assets1
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6069000 USD
CY2013 us-gaap Gross Profit
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CY2013Q2 us-gaap Gross Profit
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CY2013Q3 us-gaap Gross Profit
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531205000 USD
CY2014Q1 us-gaap Gross Profit
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CY2014 us-gaap Gross Profit
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2307932000 USD
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612090000 USD
CY2014Q3 us-gaap Gross Profit
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CY2014Q4 us-gaap Gross Profit
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CY2015Q1 us-gaap Gross Profit
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CY2015 us-gaap Gross Profit
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479750000 USD
CY2014 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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496224000 USD
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510768000 USD
CY2013 us-gaap Income Tax Expense Benefit
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145060000 USD
CY2014 us-gaap Income Tax Expense Benefit
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173400000 USD
CY2015 us-gaap Income Tax Expense Benefit
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179480000 USD
CY2013 us-gaap Income Tax Rate Reconciliation Deductions Employee Stock Ownership Plan Dividends
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19728000 USD
CY2014 us-gaap Income Tax Rate Reconciliation Deductions Employee Stock Ownership Plan Dividends
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581000 USD
CY2015 us-gaap Income Tax Rate Reconciliation Deductions Employee Stock Ownership Plan Dividends
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802000 USD
CY2013 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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CY2014 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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CY2015 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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1485000 USD
CY2013 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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168358000 USD
CY2014 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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173975000 USD
CY2015 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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178967000 USD
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CY2014 us-gaap Income Tax Reconciliation Other Adjustments
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1998000 USD
CY2015 us-gaap Income Tax Reconciliation Other Adjustments
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331000 USD
CY2013 us-gaap Income Tax Reconciliation State And Local Income Taxes
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5375000 USD
CY2014 us-gaap Income Tax Reconciliation State And Local Income Taxes
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8013000 USD
CY2015 us-gaap Income Tax Reconciliation State And Local Income Taxes
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4426000 USD
CY2013 us-gaap Income Tax Reconciliation Tax Credits
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2759000 USD
CY2014 us-gaap Income Tax Reconciliation Tax Credits
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3037000 USD
CY2015 us-gaap Income Tax Reconciliation Tax Credits
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2810000 USD
CY2013 us-gaap Income Taxes Paid
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179300000 USD
CY2014 us-gaap Income Taxes Paid
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173800000 USD
CY2015 us-gaap Income Taxes Paid
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189700000 USD
CY2013 us-gaap Increase Decrease In Accounts Payable And Other Operating Liabilities
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11472000 USD
CY2014 us-gaap Increase Decrease In Accounts Payable And Other Operating Liabilities
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CY2015 us-gaap Increase Decrease In Accounts Payable And Other Operating Liabilities
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104923000 USD
CY2013 us-gaap Increase Decrease In Accounts Receivable
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2811000 USD
CY2014 us-gaap Increase Decrease In Accounts Receivable
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CY2015 us-gaap Increase Decrease In Accounts Receivable
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25670000 USD
CY2013 us-gaap Increase Decrease In Other Current Assets
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7195000 USD
CY2014 us-gaap Increase Decrease In Other Current Assets
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4272000 USD
CY2015 us-gaap Increase Decrease In Other Current Assets
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CY2013 us-gaap Increase Decrease In Other Operating Assets
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CY2014 us-gaap Increase Decrease In Other Operating Assets
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CY2015 us-gaap Increase Decrease In Other Operating Assets
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CY2013 us-gaap Increase Decrease In Retail Related Inventories
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CY2014 us-gaap Increase Decrease In Retail Related Inventories
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50740000 USD
CY2014Q1 us-gaap Line Of Credit
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0 USD
CY2015Q1 us-gaap Line Of Credit
LineOfCredit
0 USD
CY2014 us-gaap Line Of Credit Facility Average Outstanding Amount
LineOfCreditFacilityAverageOutstandingAmount
45500000 USD
CY2015 us-gaap Increase Decrease In Retail Related Inventories
IncreaseDecreaseInRetailRelatedInventories
29160000 USD
CY2013 us-gaap Increase In Restricted Cash
IncreaseInRestrictedCash
0 USD
CY2014 us-gaap Increase In Restricted Cash
IncreaseInRestrictedCash
0 USD
CY2015 us-gaap Increase In Restricted Cash
IncreaseInRestrictedCash
7346000 USD
CY2013 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
786000 shares
CY2014 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2015 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2013 us-gaap Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
64505000 USD
CY2014 us-gaap Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
59462000 USD
CY2015 us-gaap Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
57739000 USD
CY2013 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-69596000 USD
CY2014 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-64505000 USD
CY2015 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-61306000 USD
CY2013 us-gaap Interest Paid
InterestPaid
79000000 USD
CY2014 us-gaap Interest Paid
InterestPaid
54700000 USD
CY2015 us-gaap Interest Paid
InterestPaid
62900000 USD
CY2014Q1 us-gaap Interest Payable Current
InterestPayableCurrent
13649000 USD
CY2015Q1 us-gaap Interest Payable Current
InterestPayableCurrent
13486000 USD
CY2013 us-gaap Investment Income Interest
InvestmentIncomeInterest
1417000 USD
CY2014 us-gaap Investment Income Interest
InvestmentIncomeInterest
1022000 USD
CY2015 us-gaap Investment Income Interest
InvestmentIncomeInterest
1234000 USD
CY2014Q1 us-gaap Junior Subordinated Debenture Owed To Unconsolidated Subsidiary Trust Noncurrent
JuniorSubordinatedDebentureOwedToUnconsolidatedSubsidiaryTrustNoncurrent
200000000 USD
CY2015Q1 us-gaap Junior Subordinated Debenture Owed To Unconsolidated Subsidiary Trust Noncurrent
JuniorSubordinatedDebentureOwedToUnconsolidatedSubsidiaryTrustNoncurrent
200000000 USD
CY2014Q1 us-gaap Land
Land
68289000 USD
CY2015Q1 us-gaap Land
Land
67918000 USD
CY2015Q1 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
28100000 USD
CY2014Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
4050739000 USD
CY2015Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
4170071000 USD
CY2014Q1 us-gaap Liabilities Current
LiabilitiesCurrent
778311000 USD
CY2015Q1 us-gaap Liabilities Current
LiabilitiesCurrent
885323000 USD
CY2015 us-gaap Line Of Credit Facility Average Outstanding Amount
LineOfCreditFacilityAverageOutstandingAmount
13100000 USD
CY2013 us-gaap Line Of Credit Facility Commitment Fee Amount
LineOfCreditFacilityCommitmentFeeAmount
3702000 USD
CY2014 us-gaap Line Of Credit Facility Commitment Fee Amount
LineOfCreditFacilityCommitmentFeeAmount
3628000 USD
CY2015 us-gaap Line Of Credit Facility Commitment Fee Amount
LineOfCreditFacilityCommitmentFeeAmount
2719000 USD
CY2015Q1 us-gaap Line Of Credit Facility Current Borrowing Capacity
LineOfCreditFacilityCurrentBorrowingCapacity
932200000 USD
CY2015Q1 us-gaap Line Of Credit Facility Interest Rate At Period End
LineOfCreditFacilityInterestRateAtPeriodEnd
0.0167
CY2015Q1 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
1000000000.0 USD
CY2015Q1 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
904000000 USD
CY2015 us-gaap Line Of Credit Facility Unused Capacity Commitment Fee Percentage
LineOfCreditFacilityUnusedCapacityCommitmentFeePercentage
0.0025
CY2014Q1 us-gaap Long Term Debt Current
LongTermDebtCurrent
0 USD
CY2015Q1 us-gaap Long Term Debt Current
LongTermDebtCurrent
0 USD
CY2015Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
0 USD
CY2015Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
0 USD
CY2015Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
161000000 USD
CY2015Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
87200000 USD
CY2015Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
0 USD
CY2014Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
614785000 USD
CY2015Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
614785000 USD
CY2013 us-gaap Net Cash Provided By Used In Continuing Operations
NetCashProvidedByUsedInContinuingOperations
-100212000 USD
CY2014 us-gaap Net Cash Provided By Used In Continuing Operations
NetCashProvidedByUsedInContinuingOperations
113074000 USD
CY2015 us-gaap Net Cash Provided By Used In Continuing Operations
NetCashProvidedByUsedInContinuingOperations
166618000 USD
CY2013 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-517206000 USD
CY2014 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-312055000 USD
CY2015 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-301559000 USD
CY2013 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-105709000 USD
CY2014 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-76628000 USD
CY2015 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-143412000 USD
CY2013 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
522703000 USD
CY2014 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
501757000 USD
CY2015 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
611589000 USD
CY2013 us-gaap Net Income Loss
NetIncomeLoss
335962000 USD
CY2013Q2 us-gaap Net Income Loss
NetIncomeLoss
117210000 USD
CY2013Q3 us-gaap Net Income Loss
NetIncomeLoss
36491000 USD
CY2013Q4 us-gaap Net Income Loss
NetIncomeLoss
50868000 USD
CY2014Q1 us-gaap Net Income Loss
NetIncomeLoss
119102000 USD
CY2014 us-gaap Net Income Loss
NetIncomeLoss
323671000 USD
CY2014Q2 us-gaap Net Income Loss
NetIncomeLoss
111683000 USD
CY2014Q3 us-gaap Net Income Loss
NetIncomeLoss
34449000 USD
CY2014Q4 us-gaap Net Income Loss
NetIncomeLoss
55231000 USD
CY2015Q1 us-gaap Net Income Loss
NetIncomeLoss
130490000 USD
CY2015 us-gaap Net Income Loss
NetIncomeLoss
331853000 USD
CY2015 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
CY2013 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
34838000 USD
CY2014 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
26833000 USD
CY2015 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
26977000 USD
CY2014Q1 us-gaap Operating Loss Carryforwards Valuation Allowance
OperatingLossCarryforwardsValuationAllowance
52503000 USD
CY2015Q1 us-gaap Operating Loss Carryforwards Valuation Allowance
OperatingLossCarryforwardsValuationAllowance
54659000 USD
CY2014Q1 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
9062000 USD
CY2015Q1 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
9295000 USD
CY2014Q1 us-gaap Other Assets Current
OtherAssetsCurrent
46861000 USD
CY2015Q1 us-gaap Other Assets Current
OtherAssetsCurrent
46353000 USD
CY2013 us-gaap Proceeds From Sales Of Assets Investing Activities
ProceedsFromSalesOfAssetsInvestingActivities
30923000 USD
CY2014 us-gaap Proceeds From Sales Of Assets Investing Activities
ProceedsFromSalesOfAssetsInvestingActivities
18295000 USD
CY2015 us-gaap Proceeds From Sales Of Assets Investing Activities
ProceedsFromSalesOfAssetsInvestingActivities
14767000 USD
CY2014Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2134200000 USD
CY2015Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2029171000 USD
CY2014Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
256383000 USD
CY2015Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
252458000 USD
CY2013 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Before Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditBeforeTax
626000 USD
CY2014 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Before Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditBeforeTax
96000 USD
CY2015 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Before Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditBeforeTax
0 USD
CY2013 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-7759000 USD
CY2014 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-7201000 USD
CY2015 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
6955000 USD
CY2013 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
2640000 USD
CY2014 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
4452000 USD
CY2015 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
-4235000 USD
CY2014Q1 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
228439000 USD
CY2015Q1 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
250455000 USD
CY2013 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
185536000 USD
CY2014 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
301566000 USD
CY2015 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
290408000 USD
CY2013 us-gaap Payments For Restructuring
PaymentsForRestructuring
1360000 USD
CY2014 us-gaap Payments For Restructuring
PaymentsForRestructuring
439000 USD
CY2013 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
252341000 USD
CY2014 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
7361000 USD
CY2015 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
10367000 USD
CY2013 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
5375000 USD
CY2014 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
1437000 USD
CY2015 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
0 USD
CY2013 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
136632000 USD
CY2014 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
94923000 USD
CY2015 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
151888000 USD
CY2014Q1 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Current And Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesCurrentAndNoncurrent
173870000 USD
CY2015Q1 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Current And Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesCurrentAndNoncurrent
196922000 USD
CY2013 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
0 USD
CY2014 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
0 USD
CY2015 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
1055000 USD
CY2013 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
6315000 USD
CY2014 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 USD
CY2015 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 USD
CY2014Q1 us-gaap Receivables Net Current
ReceivablesNetCurrent
30840000 USD
CY2015Q1 us-gaap Receivables Net Current
ReceivablesNetCurrent
56510000 USD
CY2013 us-gaap Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
79020000 USD
CY2014 us-gaap Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
1691000 USD
CY2015 us-gaap Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
784000 USD
CY2014Q1 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
0 USD
CY2015Q1 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
7346000 USD
CY2013 us-gaap Restructuring Charges
RestructuringCharges
873000 USD
CY2014 us-gaap Restructuring Charges
RestructuringCharges
188000 USD
CY2012Q1 us-gaap Restructuring Reserve
RestructuringReserve
738000 USD
CY2013Q1 us-gaap Restructuring Reserve
RestructuringReserve
251000 USD
CY2014Q1 us-gaap Restructuring Reserve
RestructuringReserve
0 USD
CY2013 us-gaap Restructuring Settlement And Impairment Provisions
RestructuringSettlementAndImpairmentProvisions
1591000 USD
CY2013Q2 us-gaap Restructuring Settlement And Impairment Provisions
RestructuringSettlementAndImpairmentProvisions
6500000 USD
CY2014 us-gaap Restructuring Settlement And Impairment Provisions
RestructuringSettlementAndImpairmentProvisions
5353000 USD
CY2013 us-gaap Stock Issued During Period Shares Share Based Compensation
StockIssuedDuringPeriodSharesShareBasedCompensation
2315767 shares
CY2014 us-gaap Stock Issued During Period Shares Share Based Compensation
StockIssuedDuringPeriodSharesShareBasedCompensation
30452 shares
CY2015 us-gaap Restructuring Settlement And Impairment Provisions
RestructuringSettlementAndImpairmentProvisions
0 USD
CY2014Q1 us-gaap Retail Related Inventory Merchandise
RetailRelatedInventoryMerchandise
1345321000 USD
CY2015Q1 us-gaap Retail Related Inventory Merchandise
RetailRelatedInventoryMerchandise
1374481000 USD
CY2014Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
3413240000 USD
CY2015Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
3734891000 USD
CY2013 us-gaap Revenues
Revenues
6751595000 USD
CY2014 us-gaap Revenues
Revenues
6691777000 USD
CY2015 us-gaap Revenues
Revenues
6780129000 USD
CY2013 us-gaap Sales Revenue Net
SalesRevenueNet
6593169000 USD
CY2013Q2 us-gaap Sales Revenue Net
SalesRevenueNet
1549136000 USD
CY2013Q3 us-gaap Sales Revenue Net
SalesRevenueNet
1479852000 USD
CY2013Q4 us-gaap Sales Revenue Net
SalesRevenueNet
1468612000 USD
CY2014Q1 us-gaap Sales Revenue Net
SalesRevenueNet
2034047000 USD
CY2014 us-gaap Sales Revenue Net
SalesRevenueNet
6531647000 USD
CY2014Q2 us-gaap Sales Revenue Net
SalesRevenueNet
1551314000 USD
CY2014Q3 us-gaap Sales Revenue Net
SalesRevenueNet
1474484000 USD
CY2014Q4 us-gaap Sales Revenue Net
SalesRevenueNet
1459781000 USD
CY2015Q1 us-gaap Sales Revenue Net
SalesRevenueNet
2135475000 USD
CY2015 us-gaap Sales Revenue Net
SalesRevenueNet
6621054000 USD
CY2015Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
7547451 shares
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
135700000 USD
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0 shares
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0 shares
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0 shares
CY2013Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
0 shares
CY2014Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
0 shares
CY2015Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
0 shares
CY2013 us-gaap Stock Issued1
StockIssued1
4764000 USD
CY2014 us-gaap Stock Issued1
StockIssued1
2713000 USD
CY2015 us-gaap Stock Issued1
StockIssued1
2785000 USD
CY2015 us-gaap Stock Issued During Period Shares Share Based Compensation
StockIssuedDuringPeriodSharesShareBasedCompensation
24864 shares
CY2013 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
2245000 shares
CY2013 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
112498000 USD
CY2014 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
2713000 USD
CY2015 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
2785000 USD
CY2012Q1 us-gaap Stockholders Equity
StockholdersEquity
2052019000 USD
CY2013Q1 us-gaap Stockholders Equity
StockholdersEquity
1970175000 USD
CY2014Q1 us-gaap Stockholders Equity
StockholdersEquity
1992197000 USD
CY2015Q1 us-gaap Stockholders Equity
StockholdersEquity
2019270000 USD
CY2014Q1 us-gaap Treasury Stock Shares
TreasuryStockShares
79769679 shares
CY2015Q1 us-gaap Treasury Stock Shares
TreasuryStockShares
82550422 shares
CY2013 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
2818844 shares
CY2014 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
3851516 shares
CY2015 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
2780743 shares
CY2014Q1 us-gaap Treasury Stock Value
TreasuryStockValue
2333414000 USD
CY2015Q1 us-gaap Treasury Stock Value
TreasuryStockValue
2623822000 USD
CY2013 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
185536000 USD
CY2014 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
301566000 USD
CY2015 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
290408000 USD
CY2012Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
8481000 USD
CY2013Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
5432000 USD
CY2014Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
6538000 USD
CY2015Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
4806000 USD
CY2013 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
3676000 USD
CY2014 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
733000 USD
CY2015 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
1689000 USD
CY2013 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
0 USD
CY2014 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
335000 USD
CY2015 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
545000 USD
CY2013 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
993000 USD
CY2014 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
1207000 USD
CY2015 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
665000 USD
CY2013 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
0 USD
CY2014 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
967000 USD
CY2015 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
55000 USD
CY2013 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
366000 USD
CY2014 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
0 USD
CY2015 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
218000 USD
CY2014Q1 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
4100000 USD
CY2015Q1 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
2600000 USD
CY2013 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
48911000 shares
CY2014 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
45586000 shares
CY2015 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
42603000 shares
CY2013 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
48125000 shares
CY2014 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
45586000 shares
CY2015 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
42603000 shares
CY2015 us-gaap Revenue Recognition Gift Cards
RevenueRecognitionGiftCards
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Gift Card Revenue Recognition</font><font style="font-family:inherit;font-size:10pt;">&#8212;The Company establishes a liability upon the sale of a gift card. The liability is relieved and revenue is recognized when gift cards are redeemed for merchandise. Gift card breakage income is determined based upon historical redemption patterns. The Company uses a homogeneous pool to recognize gift card breakage and will recognize income over the period when the likelihood of the gift card being redeemed is remote and the Company determines that it does not have a legal obligation to remit the value of unredeemed gift cards to the relevant jurisdiction as abandoned property. At that time, the Company will recognize breakage income over the performance period for those gift cards (i.e.&#160;</font><font style="font-family:inherit;font-size:10pt;">60 months</font><font style="font-family:inherit;font-size:10pt;">) and will record it in service charges and other income.</font></div></div>
CY2015 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Use of Estimates</font><font style="font-family:inherit;font-size:10pt;">&#8212;The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America 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. Significant estimates include inventories, sales return, self-insured accruals, future cash flows for impairment analysis, pension discount rate and taxes. Actual results could differ from those estimates.</font></div></div>

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