2016 Q3 Form 10-K Financial Statement

#000006721516000096 Filed on August 31, 2016

View on sec.gov

Income Statement

Concept 2016 Q3 2016 Q2 2016 Q1
Revenue $789.2M $664.6M $559.5M
YoY Change 36.43% 34.99% 26.84%
Cost Of Revenue $605.9M $520.4M $450.3M
YoY Change 35.82% 34.05% 26.7%
Gross Profit $183.3M $144.2M $109.2M
YoY Change 38.48% 38.52% 27.48%
Gross Profit Margin 23.23% 21.7% 19.52%
Selling, General & Admin $62.10M $56.50M $47.00M
YoY Change 30.74% 26.4% 12.44%
% of Gross Profit 33.88% 39.17% 43.05%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $36.00M $31.58M $29.90M
YoY Change 39.53% 31.68% 28.52%
% of Gross Profit 19.64% 21.9% 27.38%
Operating Expenses $98.20M $88.10M $527.2M
YoY Change 33.79% -80.72% 25.37%
Operating Profit $85.10M $56.14M -$418.0M
YoY Change 44.32% -115.91% 24.83%
Interest Expense -$9.700M -$8.000M -$7.900M
YoY Change 40.58% 21.21% 17.91%
% of Operating Profit -11.4% -14.25%
Other Income/Expense, Net $0.00 $4.323M $1.072M
YoY Change -100.0% 24.55% -38.21%
Pretax Income $79.00M $52.45M $25.47M
YoY Change 47.94% 62.6% 63.49%
Income Tax $29.60M $19.37M $9.995M
% Of Pretax Income 37.47% 36.93% 39.25%
Net Earnings $49.40M $33.08M $15.47M
YoY Change 46.04% 63.31% 64.05%
Net Earnings / Revenue 6.26% 4.98% 2.77%
Basic Earnings Per Share $1.02 $0.47
Diluted Earnings Per Share $1.544M $1.00 $0.46
COMMON SHARES
Basic Shares Outstanding 31.43M shares 32.43M shares 32.66M shares
Diluted Shares Outstanding 33.05M shares 33.52M shares

Balance Sheet

Concept 2016 Q3 2016 Q2 2016 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $33.80M $19.30M $20.20M
YoY Change 58.69% -14.22% 9.78%
Cash & Equivalents $33.79M $19.33M $20.17M
Short-Term Investments
Other Short-Term Assets $16.11M $18.73M $19.43M
YoY Change -0.57% -6.87% -18.48%
Inventory $73.61M $61.30M $57.92M
Prepaid Expenses
Receivables $328.0M $355.3M $318.3M
Other Receivables $32.10M $45.70M $57.40M
Total Short-Term Assets $851.2M $848.8M $766.6M
YoY Change 22.19% 36.7% 31.19%
LONG-TERM ASSETS
Property, Plant & Equipment $326.7M $309.8M $290.5M
YoY Change 41.07% 36.87% 40.26%
Goodwill $310.2M $281.4M $281.4M
YoY Change 14.17% 4.45% 4.45%
Intangibles $197.9M $124.9M $129.4M
YoY Change 63.64% 13.51% 13.36%
Long-Term Investments
YoY Change
Other Assets $33.78M $34.38M $35.50M
YoY Change 1.89% 13.07% 93.13%
Total Long-Term Assets $868.5M $750.5M $736.9M
YoY Change 32.13% 17.96% 20.97%
TOTAL ASSETS
Total Short-Term Assets $851.2M $848.8M $766.6M
Total Long-Term Assets $868.5M $750.5M $736.9M
Total Assets $1.720B $1.599B $1.504B
YoY Change 27.02% 27.22% 25.97%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $115.5M $92.96M $70.83M
YoY Change 60.78% 44.21% 35.91%
Accrued Expenses $159.1M $129.0M $110.7M
YoY Change 26.98% 10.92% 14.24%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $13.10M $9.400M $5.600M
YoY Change 244.74% -55.2%
Total Short-Term Liabilities $322.6M $242.5M $201.7M
YoY Change 42.31% 24.39% 13.21%
LONG-TERM LIABILITIES
Long-Term Debt $706.2M $724.0M $612.5M
YoY Change 36.62% 62.07% 45.34%
Other Long-Term Liabilities $4.178M $4.141M $4.546M
YoY Change -1.67% -16.21% -10.0%
Total Long-Term Liabilities $710.4M $728.1M $617.0M
YoY Change 36.31% 14632.76% 12115.42%
TOTAL LIABILITIES
Total Short-Term Liabilities $322.6M $242.5M $201.7M
Total Long-Term Liabilities $710.4M $728.1M $617.0M
Total Liabilities $1.162B $1.098B $939.3M
YoY Change 37.29% 49.34% 36.41%
SHAREHOLDERS EQUITY
Retained Earnings $537.9M $488.5M $472.6M
YoY Change 26.18% 24.48% 26.97%
Common Stock $20.68M $14.33M $93.20M
YoY Change -74.82% -89.03% -30.25%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $557.3M $501.7M $564.2M
YoY Change
Total Liabilities & Shareholders Equity $1.720B $1.599B $1.504B
YoY Change 27.02% 27.22% 25.97%

Cashflow Statement

Concept 2016 Q3 2016 Q2 2016 Q1
OPERATING ACTIVITIES
Net Income $49.40M $33.08M $15.47M
YoY Change 46.04% 63.31% 64.05%
Depreciation, Depletion And Amortization $36.00M $31.58M $29.90M
YoY Change 39.53% 31.68% 28.52%
Cash From Operating Activities $182.5M $32.50M $75.40M
YoY Change 897.27% -19.35% 4.14%
INVESTING ACTIVITIES
Capital Expenditures -$47.30M -$47.80M -$50.10M
YoY Change 80.53% 25.79% 140.87%
Acquisitions
YoY Change
Other Investing Activities -$104.2M $3.600M $1.200M
YoY Change 434.36% -376.92% 33.33%
Cash From Investing Activities -$151.5M -$44.20M -$48.90M
YoY Change 231.51% 12.47% 145.73%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $100.0M $70.00M
YoY Change 309.34%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -16.50M 10.80M -28.10M
YoY Change -163.22% 248.39% -44.36%
NET CHANGE
Cash From Operating Activities 182.5M 32.50M 75.40M
Cash From Investing Activities -151.5M -44.20M -48.90M
Cash From Financing Activities -16.50M 10.80M -28.10M
Net Change In Cash 14.50M -900.0K -1.600M
YoY Change -1215.38% -121.95% -180.0%
FREE CASH FLOW
Cash From Operating Activities $182.5M $32.50M $75.40M
Capital Expenditures -$47.30M -$47.80M -$50.10M
Free Cash Flow $229.8M $80.30M $125.5M
YoY Change 416.4% 2.55% 34.66%

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CommitmentsAndContingencies
USD
CY2015Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.333
CY2016Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.333
CY2015Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
150000000 shares
CY2016Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
150000000 shares
CY2015Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
33381779 shares
CY2016Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
31420310 shares
CY2015Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
33381779 shares
CY2016Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
31420310 shares
CY2015Q3 us-gaap Common Stock Value
CommonStockValue
11127000 USD
CY2016Q3 us-gaap Common Stock Value
CommonStockValue
10473000 USD
CY2014 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
39717000 USD
CY2016 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
42096000 USD
CY2014 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
416000 USD
CY2015 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
502000 USD
CY2015 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
83284000 USD
CY2016 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
128664000 USD
CY2014 us-gaap Cost Of Property Repairs And Maintenance
CostOfPropertyRepairsAndMaintenance
21829000 USD
CY2015 us-gaap Cost Of Property Repairs And Maintenance
CostOfPropertyRepairsAndMaintenance
22054000 USD
CY2016 us-gaap Cost Of Property Repairs And Maintenance
CostOfPropertyRepairsAndMaintenance
29487000 USD
CY2014 us-gaap Cost Of Services Excluding Depreciation Depletion And Amortization
CostOfServicesExcludingDepreciationDepletionAndAmortization
1475045000 USD
CY2014Q4 us-gaap Cost Of Services Excluding Depreciation Depletion And Amortization
CostOfServicesExcludingDepreciationDepletionAndAmortization
403468000 USD
CY2015Q1 us-gaap Cost Of Services Excluding Depreciation Depletion And Amortization
CostOfServicesExcludingDepreciationDepletionAndAmortization
355429000 USD
CY2015Q2 us-gaap Cost Of Services Excluding Depreciation Depletion And Amortization
CostOfServicesExcludingDepreciationDepletionAndAmortization
388239000 USD
CY2015Q3 us-gaap Cost Of Services Excluding Depreciation Depletion And Amortization
CostOfServicesExcludingDepreciationDepletionAndAmortization
446114000 USD
CY2015 us-gaap Cost Of Services Excluding Depreciation Depletion And Amortization
CostOfServicesExcludingDepreciationDepletionAndAmortization
1593250000 USD
CY2015Q4 us-gaap Cost Of Services Excluding Depreciation Depletion And Amortization
CostOfServicesExcludingDepreciationDepletionAndAmortization
506978000 USD
CY2016Q1 us-gaap Cost Of Services Excluding Depreciation Depletion And Amortization
CostOfServicesExcludingDepreciationDepletionAndAmortization
450284000 USD
CY2016Q2 us-gaap Cost Of Services Excluding Depreciation Depletion And Amortization
CostOfServicesExcludingDepreciationDepletionAndAmortization
520408000 USD
us-gaap Cost Of Services Excluding Depreciation Depletion And Amortization
CostOfServicesExcludingDepreciationDepletionAndAmortization
605909000 USD
CY2016 us-gaap Cost Of Services Excluding Depreciation Depletion And Amortization
CostOfServicesExcludingDepreciationDepletionAndAmortization
2083579000 USD
CY2014 us-gaap Costs And Expenses
CostsAndExpenses
1729675000 USD
CY2015 us-gaap Costs And Expenses
CostsAndExpenses
1867994000 USD
CY2016 us-gaap Costs And Expenses
CostsAndExpenses
2425668000 USD
CY2015Q3 us-gaap Costs In Excess Of Billings On Uncompleted Contracts Or Programs
CostsInExcessOfBillingsOnUncompletedContractsOrPrograms
257834000 USD
CY2016Q3 us-gaap Costs In Excess Of Billings On Uncompleted Contracts Or Programs
CostsInExcessOfBillingsOnUncompletedContractsOrPrograms
357415000 USD
CY2015Q3 us-gaap Costs In Excess Of Billings On Uncompleted Contracts Or Programs Expected To Be Collected Within One Year
CostsInExcessOfBillingsOnUncompletedContractsOrProgramsExpectedToBeCollectedWithinOneYear
312523000 USD
CY2016Q3 us-gaap Costs In Excess Of Billings On Uncompleted Contracts Or Programs Expected To Be Collected Within One Year
CostsInExcessOfBillingsOnUncompletedContractsOrProgramsExpectedToBeCollectedWithinOneYear
400052000 USD
CY2014 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
27161000 USD
CY2015 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
42516000 USD
CY2016 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
310000 USD
CY2014 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
32664000 USD
CY2015 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
50016000 USD
CY2016 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
50805000 USD
CY2014 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
5087000 USD
CY2015 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
6998000 USD
CY2016 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
8399000 USD
CY2015Q3 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
520650000 USD
CY2016Q3 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
719327000 USD
CY2015Q3 us-gaap Debt Current
DebtCurrent
3750000 USD
CY2016Q3 us-gaap Debt Current
DebtCurrent
13125000 USD
CY2014 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-5706000 USD
CY2015 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
305000 USD
CY2016 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
26467000 USD
CY2015Q3 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
6700000 USD
CY2016Q3 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
6400000 USD
CY2014 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
0 USD
CY2015 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
268000 USD
CY2016 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-296000 USD
CY2014 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-6323000 USD
CY2015 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
1244000 USD
CY2016 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
26782000 USD
CY2015Q3 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
66052000 USD
CY2016Q3 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
97294000 USD
CY2014 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-617000 USD
CY2015 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
671000 USD
CY2016 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
611000 USD
CY2015Q3 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
40164000 USD
CY2016Q3 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
43798000 USD
CY2015Q3 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
39294000 USD
CY2016Q3 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
43440000 USD
CY2015Q3 us-gaap Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
20630000 USD
CY2016Q3 us-gaap Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
22733000 USD
CY2015Q3 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
1443000 USD
CY2016Q3 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
1151000 USD
CY2015Q3 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
1303000 USD
CY2016Q3 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
1363000 USD
CY2015Q3 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
5149000 USD
CY2016Q3 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
6424000 USD
CY2015Q3 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
1047000 USD
CY2016Q3 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
1013000 USD
CY2015Q3 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Reserves
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsReserves
31222000 USD
CY2016Q3 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Reserves
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsReserves
33847000 USD
CY2015Q3 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
870000 USD
CY2016Q3 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
358000 USD
CY2015Q3 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
26758000 USD
CY2016Q3 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
53854000 USD
CY2015Q3 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssets
29930000 USD
CY2016Q3 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssets
32632000 USD
CY2015Q3 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
47388000 USD
CY2016Q3 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
76587000 USD
CY2015Q3 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
1420000 USD
CY2016Q3 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
736000 USD
CY2015Q3 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
34702000 USD
CY2016Q3 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
63926000 USD
CY2016 us-gaap Defined Contribution Plan Employer Matching Contribution Percent
DefinedContributionPlanEmployerMatchingContributionPercent
0.05
CY2016 us-gaap Defined Contribution Plan Employer Matching Contribution Percent Of Match
DefinedContributionPlanEmployerMatchingContributionPercentOfMatch
0.30
CY2016 us-gaap Defined Contribution Plan Maximum Annual Contributions Per Employee Percent
DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent
0.75
CY2014 us-gaap Depreciation
Depreciation
74517000 USD
CY2015 us-gaap Depreciation
Depreciation
79331000 USD
CY2016 us-gaap Depreciation
Depreciation
105514000 USD
CY2014 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
92772000 USD
CY2015 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
96044000 USD
CY2016Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.46
CY2016Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.00
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.54
CY2016 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.89
CY2014 us-gaap Employee Service Share Based Compensation Cash Received From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationCashReceivedFromExerciseOfStockOptions
14600000 USD
CY2015 us-gaap Employee Service Share Based Compensation Cash Received From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationCashReceivedFromExerciseOfStockOptions
8900000 USD
CY2016 us-gaap Employee Service Share Based Compensation Cash Received From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationCashReceivedFromExerciseOfStockOptions
2700000 USD
CY2014 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
4819000 USD
CY2015 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
5458000 USD
CY2016 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
6436000 USD
CY2016 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
124940000 USD
CY2014 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.18
CY2014Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.61
CY2015Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.28
CY2015Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.59
CY2015Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.00
CY2015 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.48
CY2015Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.94
CY2016Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.47
CY2016Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.02
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.57
CY2016 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.98
CY2014 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.15
CY2014Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.59
CY2015Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.27
CY2015Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.58
CY2015Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.97
CY2015 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.41
CY2015Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.91
CY2014 us-gaap Employee Service Share Based Compensation Tax Benefit Realized From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationTaxBenefitRealizedFromExerciseOfStockOptions
7116000 USD
CY2015 us-gaap Employee Service Share Based Compensation Tax Benefit Realized From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationTaxBenefitRealizedFromExerciseOfStockOptions
13976000 USD
CY2016 us-gaap Employee Service Share Based Compensation Tax Benefit Realized From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationTaxBenefitRealizedFromExerciseOfStockOptions
18097000 USD
CY2014 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
3025000 USD
CY2015 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
8371000 USD
CY2016 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
13003000 USD
CY2014 us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
3025000 USD
CY2015 us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
8371000 USD
CY2016 us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
13003000 USD
CY2016 us-gaap Fair Value Assumptions Expected Term
FairValueAssumptionsExpectedTerm
P7Y
CY2015Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
96060000 USD
CY2016Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
112041000 USD
CY2016Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
18810000 USD
CY2016Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
19719000 USD
CY2016Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
22073000 USD
CY2016Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
24374000 USD
CY2016Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
193179000 USD
CY2016 us-gaap Finite Lived Intangible Assets Period Increase Decrease
FiniteLivedIntangibleAssetsPeriodIncreaseDecrease
3400000 USD
CY2014 us-gaap Fiscal Period Duration
FiscalPeriodDuration
P364D
CY2015 us-gaap Fiscal Period Duration
FiscalPeriodDuration
P364D
CY2016 us-gaap Fiscal Period Duration
FiscalPeriodDuration
P371D
CY2014 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
10706000 USD
CY2015 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
7110000 USD
CY2016 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
9806000 USD
CY2014 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
CY2015 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
CY2016 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-16260000 USD
CY2014 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
161858000 USD
CY2015 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
178700000 USD
CY2016 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
217149000 USD
CY2014Q3 us-gaap Goodwill
Goodwill
269088000 USD
CY2015Q3 us-gaap Goodwill
Goodwill
271653000 USD
CY2016Q3 us-gaap Goodwill
Goodwill
310157000 USD
CY2015 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
2188000 USD
CY2016 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
38403000 USD
CY2014Q3 us-gaap Goodwill Gross
GoodwillGross
464855000 USD
CY2015Q3 us-gaap Goodwill Gross
GoodwillGross
467420000 USD
CY2016Q3 us-gaap Goodwill Gross
GoodwillGross
505924000 USD
CY2014Q3 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
195767000 USD
CY2015Q3 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
195767000 USD
CY2016Q3 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
195767000 USD
CY2015 us-gaap Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
377000 USD
CY2016 us-gaap Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
101000 USD
CY2014Q4 us-gaap Gross Profit
GrossProfit
106921000 USD
CY2015Q1 us-gaap Gross Profit
GrossProfit
85652000 USD
CY2015Q2 us-gaap Gross Profit
GrossProfit
104124000 USD
CY2015Q3 us-gaap Gross Profit
GrossProfit
132365000 USD
CY2015Q4 us-gaap Gross Profit
GrossProfit
152290000 USD
CY2016Q1 us-gaap Gross Profit
GrossProfit
109186000 USD
CY2016Q2 us-gaap Gross Profit
GrossProfit
144237000 USD
us-gaap Gross Profit
GrossProfit
183250000 USD
CY2014 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
66319000 USD
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
135584000 USD
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
206327000 USD
CY2014 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
26341000 USD
CY2015 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
51260000 USD
CY2016 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
77587000 USD
CY2015Q3 us-gaap Income Tax Receivable
IncomeTaxReceivable
2100000 USD
CY2016Q3 us-gaap Income Tax Receivable
IncomeTaxReceivable
1400000 USD
CY2014 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
53000 USD
CY2015 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
-74000 USD
CY2016 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
113000 USD
CY2015 us-gaap Income Tax Reconciliation Deductions Qualified Production Activities
IncomeTaxReconciliationDeductionsQualifiedProductionActivities
4000000 USD
CY2016 us-gaap Income Tax Reconciliation Deductions Qualified Production Activities
IncomeTaxReconciliationDeductionsQualifiedProductionActivities
4500000 USD
CY2014 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
23212000 USD
CY2015 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
47454000 USD
CY2015 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
30344000 USD
CY2016 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
15910000 USD
CY2014 us-gaap Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
-6685000 USD
CY2015 us-gaap Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
-11758000 USD
CY2016 us-gaap Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
-20148000 USD
CY2014 us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
555000 USD
CY2014 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
9993000 USD
CY2015 us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
6875000 USD
CY2016 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
72214000 USD
CY2014 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
491000 USD
CY2015 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
-1220000 USD
CY2016 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
-2013000 USD
CY2015 us-gaap Income Tax Reconciliation Nondeductible Expense Other
IncomeTaxReconciliationNondeductibleExpenseOther
2800000 USD
CY2016 us-gaap Income Tax Reconciliation Nondeductible Expense Other
IncomeTaxReconciliationNondeductibleExpenseOther
2500000 USD
CY2014 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-278000 USD
CY2015 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-59000 USD
CY2016 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-125000 USD
CY2014 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
2863000 USD
CY2015 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
5159000 USD
CY2016 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
7398000 USD
CY2014 us-gaap Income Taxes Paid
IncomeTaxesPaid
26738000 USD
CY2015 us-gaap Income Taxes Paid
IncomeTaxesPaid
39057000 USD
CY2016 us-gaap Income Taxes Paid
IncomeTaxesPaid
31159000 USD
CY2014 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-4244000 USD
CY2015 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
7114000 USD
CY2016 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
15132000 USD
CY2014 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
16949000 USD
CY2015 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
40444000 USD
CY2016 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-2729000 USD
CY2016 us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
2936000 USD
CY2014 us-gaap Increase Decrease In Restricted Cash
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39400000 USD
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44500000 USD
CY2015Q3 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
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300300000 USD
CY2016Q3 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
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us-gaap Net Income Loss
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2021-08-01
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9999000 USD
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31909000 USD
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1900000 USD
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4000000 USD
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4800000 USD
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1.00
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CY2016Q3 us-gaap Preferred Stock Shares Authorized
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0 shares
CY2016Q3 us-gaap Preferred Stock Shares Outstanding
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0 shares
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CY2016Q3 us-gaap Preferred Stock Value
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13500000 USD
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17700000 USD
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0 USD
CY2015 us-gaap Proceeds From Issuance Of Warrants
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0 USD
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502000000 USD
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CY2016 us-gaap Proceeds From Long Term Lines Of Credit
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1310000000 USD
CY2014 us-gaap Proceeds From Sale Of Productive Assets
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10540000 USD
CY2014 us-gaap Proceeds From Stock Options Exercised
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2745000 USD
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615000 USD
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465000 USD
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1252000 USD
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1000000 USD
CY2016 us-gaap Repayments Of Long Term Capital Lease Obligations
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CY2014 us-gaap Repayments Of Long Term Debt
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4500000 USD
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us-gaap Revenues
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8400000 USD
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
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24900000 USD
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
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15000000 USD
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53862000 USD
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94.05
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43405000 USD
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P4Y8M26D
CY2016 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
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P5Y6M14D
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2745000 USD
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100000000 USD
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805000 shares
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360900 shares
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2511578 shares
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110000000 USD
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60000000 USD
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9999000 USD
CY2015 us-gaap Stock Repurchased And Retired During Period Value
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34045481 shares
CY2016 us-gaap Weighted Average Number Of Shares Outstanding Basic
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32315636 shares
CY2014 us-gaap Write Off Of Deferred Debt Issuance Cost
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0 USD
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169997000 USD
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CY2014Q3 us-gaap Stockholders Equity
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484934000 USD
CY2015Q3 us-gaap Stockholders Equity
StockholdersEquity
507200000 USD
CY2016Q3 us-gaap Stockholders Equity
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557287000 USD
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CY2015Q3 us-gaap Taxes Payable Current
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8900000 USD
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us-gaap Trade Receivables Held For Sale Reconciliation To Cash Flow Deductions From Held For Sale
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95300000 USD
CY2013Q3 us-gaap Unrecognized Tax Benefits
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2348000 USD
CY2014Q3 us-gaap Unrecognized Tax Benefits
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2401000 USD
CY2015Q3 us-gaap Unrecognized Tax Benefits
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2327000 USD
CY2016Q3 us-gaap Unrecognized Tax Benefits
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2440000 USD
CY2015Q3 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
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900000 USD
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1000000 USD
CY2014 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
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137000 USD
CY2015 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
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44000 USD
CY2016 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
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161000 USD
CY2014 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
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10000 USD
CY2015 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
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-98000 USD
CY2016 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
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86000 USD
CY2014 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
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94000 USD
CY2015 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
20000 USD
CY2016 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
134000 USD
CY2014 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
34816381 shares
CY2015 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
35026688 shares
CY2015 us-gaap Write Off Of Deferred Debt Issuance Cost
WriteOffOfDeferredDebtIssuanceCost
0 USD
CY2016 us-gaap Write Off Of Deferred Debt Issuance Cost
WriteOffOfDeferredDebtIssuanceCost
2017000 USD
CY2016 us-gaap Fiscal Period
FiscalPeriod
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;color:#000000;font-style:italic;">Accounting Period &#8211; </font><font style="font-family:inherit;font-size:10pt;color:#000000;">The Company&#8217;s fiscal year ends on the last Saturday in July. As a result, each fiscal year consists of either 52 weeks or 53 weeks of operations (with the additional week of operations occurring in the fourth quarter). Fiscal 2016 consisted of </font><font style="font-family:inherit;font-size:10pt;color:#000000;">53</font><font style="font-family:inherit;font-size:10pt;color:#000000;"> weeks of operations. Fiscal 2015 and 2014 each consisted of </font><font style="font-family:inherit;font-size:10pt;color:#000000;">52</font><font style="font-family:inherit;font-size:10pt;color:#000000;"> weeks of operations. Fiscal 2017 will consist of 52 weeks of operations.</font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></div>
CY2016 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;color:#000000;font-style:italic;">Use of Estimates &#8211; </font><font style="font-family:inherit;font-size:10pt;color:#000000;">The preparation of financial statements in conformity with GAAP requires management to make certain estimates and assumptions that affect the amounts reported in these consolidated financial statements and accompanying notes. For the Company, key estimates include: the purchase price allocations of businesses acquired, the fair value of reporting units for goodwill impairment analysis, the assessment of impairment of intangibles and other long-lived assets, asset lives used in computing depreciation and amortization, accrued insurance claims, income taxes, accruals for contingencies, including legal matters, recognition of revenue for costs and estimated earnings under the cost-to-cost measure of the percentage of completion method of accounting, allowance for doubtful accounts, and stock-based compensation expense for performance-based stock awards. These estimates are based on the Company&#8217;s historical experience and management&#8217;s understanding of current facts and circumstances. At the time they are made, the Company believes that such estimates are fair when considered in conjunction with the consolidated financial position and results of operations taken as a whole. However, actual results could differ materially from those estimates.</font></div><div style="line-height:120%;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></div>

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