2019 Q1 Form 10-K Financial Statement

#000002891719000078 Filed on March 29, 2019

View on sec.gov

Income Statement

Concept 2019 Q1 2018 Q1 2017 Q4
Revenue $2.011B $2.109B $1.397B
YoY Change -4.67% 8.96% -0.69%
Cost Of Revenue $1.416B $1.433B $890.1M
YoY Change -1.17% 5.67% 1.28%
Gross Profit $594.9M $676.7M $464.9M
YoY Change -12.08% 16.66% -4.49%
Gross Profit Margin 29.59% 32.08% 33.28%
Selling, General & Admin $467.0M $489.9M $409.4M
YoY Change -4.67% 6.5% -0.29%
% of Gross Profit 78.49% 72.4% 88.05%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $56.40M $55.20M $57.50M
YoY Change 2.17% -11.54% -5.89%
% of Gross Profit 9.48% 8.16% 12.37%
Operating Expenses $524.7M $544.6M $409.4M
YoY Change -3.65% 4.37% -0.29%
Operating Profit $70.25M $132.1M $55.53M
YoY Change -46.82% 126.71% -27.11%
Interest Expense -$12.10M -$16.10M $14.98M
YoY Change -24.84% 2.55% -4.09%
% of Operating Profit -17.23% -12.19% 26.98%
Other Income/Expense, Net
YoY Change
Pretax Income $103.8M $116.0M $21.31M
YoY Change -10.52% 37.44% -39.24%
Income Tax $20.10M $36.60M $6.785M
% Of Pretax Income 19.36% 31.55% 31.84%
Net Earnings $85.16M $157.6M $14.54M
YoY Change -45.97% 176.94% -36.23%
Net Earnings / Revenue 4.24% 7.47% 1.04%
Basic Earnings Per Share
Diluted Earnings Per Share $3.22 $5.549M $0.50
COMMON SHARES
Basic Shares Outstanding
Diluted Shares Outstanding

Balance Sheet

Concept 2019 Q1 2018 Q1 2017 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $123.5M $187.0M $114.9M
YoY Change -33.96% -46.11% 42.73%
Cash & Equivalents $123.5M $187.0M $114.9M
Short-Term Investments
Other Short-Term Assets $68.75M $50.36M $64.03M
YoY Change 36.53% 38.72% 4.55%
Inventory $1.528B $1.464B $1.957B
Prepaid Expenses
Receivables $49.90M $38.44M $33.94M
Other Receivables $0.00 $0.00 $10.70M
Total Short-Term Assets $1.771B $1.739B $2.181B
YoY Change 1.79% -5.36% 4.32%
LONG-TERM ASSETS
Property, Plant & Equipment $1.587B $1.696B $1.712B
YoY Change -6.46% -5.25% -6.21%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $74.10M $247.0M $252.7M
YoY Change -70.0% -4.96% -5.9%
Total Long-Term Assets $1.661B $1.943B $1.965B
YoY Change -14.54% -5.69% -6.17%
TOTAL ASSETS
Total Short-Term Assets $1.771B $1.739B $2.181B
Total Long-Term Assets $1.661B $1.943B $1.965B
Total Assets $3.431B $3.683B $4.145B
YoY Change -6.82% -5.53% -0.93%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $743.3M $657.6M $1.278B
YoY Change 13.03% 3.43% 13.77%
Accrued Expenses $177.9M $187.7M
YoY Change -5.22% -7.76%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change -100.0%
Long-Term Debt Due $0.00 $160.9M $248.1M
YoY Change -100.0% 84.55%
Total Short-Term Liabilities $933.5M $1.049B $1.537B
YoY Change -11.03% 7.45% 34.42%
LONG-TERM LIABILITIES
Long-Term Debt $365.6M $365.4M $365.4M
YoY Change 0.04% -30.54% -40.42%
Other Long-Term Liabilities $238.7M $240.2M $238.9M
YoY Change -0.6% 0.73% -1.79%
Total Long-Term Liabilities $604.3M $605.6M $604.3M
YoY Change -0.21% -20.79% -29.44%
TOTAL LIABILITIES
Total Short-Term Liabilities $933.5M $1.049B $1.537B
Total Long-Term Liabilities $604.3M $605.6M $604.3M
Total Liabilities $1.538B $1.655B $2.141B
YoY Change -7.07% -4.95% 7.07%
SHAREHOLDERS EQUITY
Retained Earnings $4.458B $4.365B $4.211B
YoY Change 2.13% 5.09% 2.71%
Common Stock $950.1M $947.4M $945.6M
YoY Change 0.28% 0.28% 0.29%
Preferred Stock
YoY Change
Treasury Stock (at cost) $3.717B $3.589B $3.554B
YoY Change 3.56% 6.5% 8.05%
Treasury Stock Shares 95.76M shares 95.76M shares
Shareholders Equity $1.678B $1.708B $1.591B
YoY Change
Total Liabilities & Shareholders Equity $3.431B $3.683B $4.145B
YoY Change -6.82% -5.28% -0.93%

Cashflow Statement

Concept 2019 Q1 2018 Q1 2017 Q4
OPERATING ACTIVITIES
Net Income $85.16M $157.6M $14.54M
YoY Change -45.97% 176.94% -36.23%
Depreciation, Depletion And Amortization $56.40M $55.20M $57.50M
YoY Change 2.17% -11.54% -5.89%
Cash From Operating Activities $297.6M $218.8M $33.30M
YoY Change 36.01% -43.36% -15.05%
INVESTING ACTIVITIES
Capital Expenditures -$22.90M -$24.20M -$40.30M
YoY Change -5.37% -22.93% 28.34%
Acquisitions
YoY Change
Other Investing Activities $2.700M $1.600M $12.90M
YoY Change 68.75% -82.22% -164.5%
Cash From Investing Activities -$20.10M -$22.60M -$27.40M
YoY Change -11.06% 0.0% -46.59%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -232.2M -124.0M -26.10M
YoY Change 87.26% 27.57% -26.89%
NET CHANGE
Cash From Operating Activities 297.6M 218.8M 33.30M
Cash From Investing Activities -20.10M -22.60M -27.40M
Cash From Financing Activities -232.2M -124.0M -26.10M
Net Change In Cash 45.30M 72.20M -20.20M
YoY Change -37.26% -72.91% -57.74%
FREE CASH FLOW
Cash From Operating Activities $297.6M $218.8M $33.30M
Capital Expenditures -$22.90M -$24.20M -$40.30M
Free Cash Flow $320.5M $243.0M $73.60M
YoY Change 31.89% -41.82% 4.25%

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CY2018Q1 us-gaap Capital Lease Obligations Noncurrent
CapitalLeaseObligationsNoncurrent
2880000 USD
CY2019Q1 us-gaap Capital Lease Obligations Noncurrent
CapitalLeaseObligationsNoncurrent
1666000 USD
CY2018Q1 us-gaap Capital Leased Assets Gross
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23648000 USD
CY2019Q1 us-gaap Capital Leased Assets Gross
CapitalLeasedAssetsGross
14556000 USD
CY2017 us-gaap Capital Leases Income Statement Interest Expense
CapitalLeasesIncomeStatementInterestExpense
507000 USD
CY2018 us-gaap Capital Leases Income Statement Interest Expense
CapitalLeasesIncomeStatementInterestExpense
418000 USD
CY2019 us-gaap Capital Leases Income Statement Interest Expense
CapitalLeasesIncomeStatementInterestExpense
321000 USD
CY2019 us-gaap Cooperative Advertising Amount
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15100000 USD
CY2017 us-gaap Cost Of Goods And Services Sold
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4166411000 USD
CY2019 us-gaap Current State And Local Tax Expense Benefit
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2436000 USD
CY2017 us-gaap Deferred Federal Income Tax Expense Benefit
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CY2016Q1 us-gaap Cash And Cash Equivalents At Carrying Value
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202869000 USD
CY2017Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
346985000 USD
CY2018Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
187028000 USD
CY2019Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
123509000 USD
CY2018Q1 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2019Q1 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2017 us-gaap Common Stock Dividends Per Share Declared
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0.28
CY2018 us-gaap Common Stock Dividends Per Share Declared
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0.34
CY2019 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.40
CY2017 us-gaap Comprehensive Income Net Of Tax
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175201000 USD
CY2018 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
217017000 USD
CY2019 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
175440000 USD
CY2017 us-gaap Concentration Risk Percentage1
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1.00
CY2018 us-gaap Concentration Risk Percentage1
ConcentrationRiskPercentage1
1.00
CY2019 us-gaap Concentration Risk Percentage1
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1.00
CY2018Q1 us-gaap Construction In Progress Gross
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1464000 USD
CY2019Q1 us-gaap Construction In Progress Gross
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6707000 USD
CY2017Q1 us-gaap Contract With Customer Liability
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73639000 USD
CY2018Q1 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
73059000 USD
CY2019Q1 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
72852000 USD
us-gaap Contract With Customer Liability Revenue Recognized
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54900000 USD
CY2019 us-gaap Contract With Customer Liability Revenue Recognized
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55300000 USD
CY2017 us-gaap Cooperative Advertising Amount
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27500000 USD
CY2018 us-gaap Cooperative Advertising Amount
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19900000 USD
CY2018 us-gaap Cost Of Goods And Services Sold
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4199718000 USD
CY2019 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
4291520000 USD
CY2017 us-gaap Costmethod Investments Other Than Temporary Impairment
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6500000 USD
us-gaap Cumulative Effect On Retained Earnings Net Of Tax1
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69100000 USD
CY2017 us-gaap Current Federal Tax Expense Benefit
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120872000 USD
CY2018 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
91799000 USD
CY2019 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
34960000 USD
CY2017 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
124203000 USD
CY2018 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
94265000 USD
CY2019 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
37396000 USD
CY2017 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
3331000 USD
CY2018 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
2466000 USD
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DeferredFederalIncomeTaxExpenseBenefit
-100954000 USD
CY2019 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
2353000 USD
CY2017 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-35703000 USD
CY2018 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-102065000 USD
CY2019 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
334000 USD
CY2018Q1 us-gaap Deferred Income Tax Liabilities
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201286000 USD
CY2019Q1 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
96655000 USD
CY2017 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-906000 USD
CY2018 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-1111000 USD
CY2019 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-2019000 USD
CY2018Q1 us-gaap Deferred Tax Assets Gross
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141337000 USD
CY2019Q1 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
136340000 USD
CY2018Q1 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
710000 USD
CY2018Q1 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
85165000 USD
CY2019Q1 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
83168000 USD
CY2018Q1 us-gaap Deferred Tax Assets Operating Loss Carryforwards
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72452000 USD
CY2019Q1 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
67512000 USD
CY2019Q1 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
67500000 USD
CY2018Q1 us-gaap Deferred Tax Assets Other
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1525000 USD
CY2019Q1 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
2267000 USD
CY2018Q1 us-gaap Deferred Tax Assets State Taxes
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419000 USD
CY2019Q1 us-gaap Deferred Tax Assets State Taxes
DeferredTaxAssetsStateTaxes
236000 USD
CY2018Q1 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals
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66941000 USD
CY2019Q1 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccruals
66325000 USD
CY2018Q1 us-gaap Deferred Tax Liabilities
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116121000 USD
CY2019Q1 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
13487000 USD
CY2018Q1 us-gaap Deferred Tax Liabilities Deferred Expense Capitalized Inventory Costs
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22436000 USD
CY2019Q1 us-gaap Deferred Tax Liabilities Deferred Expense Capitalized Inventory Costs
DeferredTaxLiabilitiesDeferredExpenseCapitalizedInventoryCosts
18770000 USD
CY2018Q1 us-gaap Deferred Tax Liabilities Noncurrent
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116831000 USD
CY2019Q1 us-gaap Deferred Tax Liabilities Noncurrent
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13487000 USD
CY2018Q1 us-gaap Deferred Tax Liabilities Other
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3436000 USD
CY2019Q1 us-gaap Deferred Tax Liabilities Other
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2953000 USD
CY2018Q1 us-gaap Deferred Tax Liabilities Prepaid Expenses
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41124000 USD
CY2019Q1 us-gaap Deferred Tax Liabilities Prepaid Expenses
DeferredTaxLiabilitiesPrepaidExpenses
45101000 USD
CY2018Q1 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
126401000 USD
CY2019Q1 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
22942000 USD
CY2018Q1 us-gaap Defined Benefit Plan Accumulated Benefit Obligation
DefinedBenefitPlanAccumulatedBenefitObligation
193824000 USD
CY2019Q1 us-gaap Defined Benefit Plan Accumulated Benefit Obligation
DefinedBenefitPlanAccumulatedBenefitObligation
192982000 USD
CY2018Q1 us-gaap Defined Benefit Plan Accumulated Other Comprehensive Income Before Tax
DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeBeforeTax
23702000 USD
CY2019Q1 us-gaap Defined Benefit Plan Accumulated Other Comprehensive Income Before Tax
DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeBeforeTax
16880000 USD
CY2018Q1 us-gaap Defined Benefit Plan Accumulated Other Comprehensive Income Net Gains Losses Before Tax
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-23702000 USD
CY2019Q1 us-gaap Defined Benefit Plan Accumulated Other Comprehensive Income Net Gains Losses Before Tax
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-16880000 USD
CY2018Q1 us-gaap Defined Benefit Plan Accumulated Other Comprehensive Income Net Prior Service Cost Credit Before Tax
DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeNetPriorServiceCostCreditBeforeTax
0 USD
CY2019Q1 us-gaap Defined Benefit Plan Accumulated Other Comprehensive Income Net Prior Service Cost Credit Before Tax
DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeNetPriorServiceCostCreditBeforeTax
0 USD
CY2018 us-gaap Defined Benefit Plan Actuarial Gain Loss
DefinedBenefitPlanActuarialGainLoss
-5701000 USD
CY2019 us-gaap Defined Benefit Plan Actuarial Gain Loss
DefinedBenefitPlanActuarialGainLoss
6294000 USD
CY2017 us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
-1204000 USD
CY2018 us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
0 USD
CY2019 us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
-529000 USD
CY2017 us-gaap Defined Benefit Plan Amortization Of Prior Service Cost Credit
DefinedBenefitPlanAmortizationOfPriorServiceCostCredit
0 USD
CY2018 us-gaap Defined Benefit Plan Amortization Of Prior Service Cost Credit
DefinedBenefitPlanAmortizationOfPriorServiceCostCredit
0 USD
CY2019 us-gaap Defined Benefit Plan Amortization Of Prior Service Cost Credit
DefinedBenefitPlanAmortizationOfPriorServiceCostCredit
0 USD
CY2018Q1 us-gaap Defined Benefit Plan Amounts Recognized In Balance Sheet
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CY2017 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
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12816000 USD
CY2017 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
7678000 USD
CY2018 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
7229000 USD
CY2019 us-gaap Defined Benefit Plan Interest Cost
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7131000 USD
CY2018 us-gaap Depreciation And Amortization
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231595000 USD
CY2019 us-gaap Depreciation And Amortization
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223815000 USD
CY2017 us-gaap Dividends Common Stock Cash
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9587000 USD
CY2019Q1 us-gaap Defined Benefit Plan Amounts Recognized In Balance Sheet
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CY2017 us-gaap Defined Benefit Plan Amounts Recognized In Other Comprehensive Income Loss Net Gain Loss Before Tax
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9668000 USD
CY2018 us-gaap Defined Benefit Plan Amounts Recognized In Other Comprehensive Income Loss Net Gain Loss Before Tax
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-5701000 USD
CY2019 us-gaap Defined Benefit Plan Amounts Recognized In Other Comprehensive Income Loss Net Gain Loss Before Tax
DefinedBenefitPlanAmountsRecognizedInOtherComprehensiveIncomeLossNetGainLossBeforeTax
6823000 USD
CY2017Q1 us-gaap Defined Benefit Plan Assumptions Used Calculating Benefit Obligation Discount Rate
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0.040
CY2018Q1 us-gaap Defined Benefit Plan Assumptions Used Calculating Benefit Obligation Discount Rate
DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationDiscountRate
0.037
CY2019Q1 us-gaap Defined Benefit Plan Assumptions Used Calculating Benefit Obligation Discount Rate
DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationDiscountRate
0.040
CY2017Q1 us-gaap Defined Benefit Plan Assumptions Used Calculating Benefit Obligation Rate Of Compensation Increase
DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationRateOfCompensationIncrease
0.030
CY2018Q1 us-gaap Defined Benefit Plan Assumptions Used Calculating Benefit Obligation Rate Of Compensation Increase
DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationRateOfCompensationIncrease
0.020
CY2019Q1 us-gaap Defined Benefit Plan Assumptions Used Calculating Benefit Obligation Rate Of Compensation Increase
DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationRateOfCompensationIncrease
0.020
CY2017 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Discount Rate
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostDiscountRate
0.042
CY2018 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Discount Rate
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostDiscountRate
0.040
CY2019 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Discount Rate
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostDiscountRate
0.037
CY2017Q1 us-gaap Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
183617000 USD
CY2018Q1 us-gaap Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
194733000 USD
CY2019Q1 us-gaap Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
193865000 USD
CY2018 us-gaap Defined Benefit Plan Benefit Obligation Benefits Paid
DefinedBenefitPlanBenefitObligationBenefitsPaid
5308000 USD
CY2019 us-gaap Defined Benefit Plan Benefit Obligation Benefits Paid
DefinedBenefitPlanBenefitObligationBenefitsPaid
5392000 USD
CY2018 us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
5308000 USD
CY2019 us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
5392000 USD
CY2019Q1 us-gaap Defined Benefit Plan Expected Future Benefit Payments Five Fiscal Years Thereafter
DefinedBenefitPlanExpectedFutureBenefitPaymentsFiveFiscalYearsThereafter
70409000 USD
CY2019Q1 us-gaap Defined Benefit Plan Expected Future Benefit Payments Next Twelve Months
DefinedBenefitPlanExpectedFutureBenefitPaymentsNextTwelveMonths
5391000 USD
CY2019Q1 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Five
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFive
11409000 USD
CY2019Q1 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Four
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFour
10980000 USD
CY2019Q1 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Three
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearThree
9601000 USD
CY2019Q1 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Two
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearTwo
9363000 USD
CY2017Q1 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
0 USD
CY2018Q1 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
0 USD
CY2019Q1 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
0 USD
CY2018Q1 us-gaap Defined Benefit Plan Funded Status Of Plan
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-194733000 USD
CY2019Q1 us-gaap Defined Benefit Plan Funded Status Of Plan
DefinedBenefitPlanFundedStatusOfPlan
-193865000 USD
CY2018 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
10723000 USD
CY2019 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
11347000 USD
CY2017 us-gaap Defined Benefit Plan Recognized Net Gain Loss Due To Curtailments
DefinedBenefitPlanRecognizedNetGainLossDueToCurtailments
0 USD
CY2018 us-gaap Defined Benefit Plan Recognized Net Gain Loss Due To Curtailments
DefinedBenefitPlanRecognizedNetGainLossDueToCurtailments
0 USD
CY2019 us-gaap Defined Benefit Plan Recognized Net Gain Loss Due To Curtailments
DefinedBenefitPlanRecognizedNetGainLossDueToCurtailments
0 USD
CY2017 us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
3934000 USD
CY2018 us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
3494000 USD
CY2019 us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
3687000 USD
CY2018 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
18000000 USD
CY2019 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
19000000 USD
CY2017 us-gaap Depreciation And Amortization
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243657000 USD
CY2019 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.21
CY2018Q1 us-gaap Furniture And Fixtures Gross
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1041758000 USD
CY2019Q1 us-gaap Furniture And Fixtures Gross
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603698000 USD
CY2017 us-gaap Gain Loss On Disposition Of Assets1
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905000 USD
CY2018 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
4860000 USD
CY2019 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-48000 USD
CY2017 us-gaap Gross Profit
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2090726000 USD
CY2017Q2 us-gaap Gross Profit
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548375000 USD
CY2017Q3 us-gaap Gross Profit
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420226000 USD
CY2017Q4 us-gaap Gross Profit
GrossProfit
464888000 USD
us-gaap Gross Profit
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628270000 USD
CY2018 us-gaap Gross Profit
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2061759000 USD
CY2018 us-gaap Dividends Common Stock Cash
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9949000 USD
CY2019 us-gaap Dividends Common Stock Cash
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10902000 USD
CY2017 us-gaap Earnings Per Share Basic
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4.93
CY2018 us-gaap Earnings Per Share Basic
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7.51
CY2019 us-gaap Earnings Per Share Basic
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6.23
CY2017 us-gaap Earnings Per Share Diluted
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4.93
CY2017Q2 us-gaap Earnings Per Share Diluted
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2.12
CY2017Q3 us-gaap Earnings Per Share Diluted
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-0.58
CY2017Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.50
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
5.55
CY2018 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
7.51
CY2018Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.89
CY2018Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.10
CY2018Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.27
CY2019Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.22
CY2019 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
6.23
CY2018Q1 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.21
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35
CY2017 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35
CY2018 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.34
CY2018 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.3372
CY2018Q2 us-gaap Gross Profit
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554521000 USD
CY2018Q3 us-gaap Gross Profit
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450846000 USD
CY2018Q4 us-gaap Gross Profit
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464276000 USD
CY2019Q1 us-gaap Gross Profit
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594946000 USD
CY2019 us-gaap Gross Profit
GrossProfit
2064589000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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257675000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
212689000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
207962000 USD
CY2019 us-gaap Income Tax Effects Allocated Directly To Equity Cumulative Effect Of Change In Accounting Principle
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-69116000 USD
CY2017 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
88500000 USD
CY2018 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-7800000 USD
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
37730000 USD
CY2017 us-gaap Income Tax Rate Reconciliation Deductions Employee Stock Ownership Plan Dividends
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785000 USD
CY2019 us-gaap Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
47742000 USD
CY2017 us-gaap Interest Expense Other
InterestExpenseOther
4000 USD
CY2018 us-gaap Income Tax Rate Reconciliation Deductions Employee Stock Ownership Plan Dividends
IncomeTaxRateReconciliationDeductionsEmployeeStockOwnershipPlanDividends
810000 USD
CY2019 us-gaap Income Tax Rate Reconciliation Deductions Employee Stock Ownership Plan Dividends
IncomeTaxRateReconciliationDeductionsEmployeeStockOwnershipPlanDividends
621000 USD
CY2017 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
1857000 USD
CY2018 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
222000 USD
CY2019 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
-2039000 USD
CY2017 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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90202000 USD
CY2018 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
72000000 USD
CY2019 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
43679000 USD
CY2017 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-57000 USD
CY2018 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
355000 USD
CY2019 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
1088000 USD
CY2017 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
954000 USD
CY2018 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-22000 USD
CY2019 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
2538000 USD
CY2017 us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
2434000 USD
CY2018 us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
4440000 USD
CY2019 us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
4563000 USD
CY2017 us-gaap Income Taxes Paid
IncomeTaxesPaid
129400000 USD
CY2018 us-gaap Income Taxes Paid
IncomeTaxesPaid
93900000 USD
CY2019 us-gaap Income Taxes Paid
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81000 USD
CY2019 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
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417000 USD
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483000 USD
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43000 USD
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2000 USD
CY2019 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
37000 USD
CY2017 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
143000 USD
CY2018 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
452000 USD
CY2019 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
415000 USD
CY2018Q1 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
2300000 USD
CY2019Q1 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
1600000 USD
CY2017 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
34308000 shares
CY2018 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
29487000 shares
CY2019 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
27312000 shares
CY2017 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
34308000 shares
CY2018 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
29487000 shares
CY2019 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
27312000 shares
CY2017 us-gaap Write Off Of Deferred Debt Issuance Cost
WriteOffOfDeferredDebtIssuanceCost
0 USD
CY2019 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 and real estate values for impairment analysis, pension discount rate and taxes. Actual results could differ from those estimates.</font></div></div>

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