2021 Q1 Form 10-K Financial Statement

#000006721521000010 Filed on March 05, 2021

View on sec.gov

Income Statement

Concept 2021 Q1 2021 2020 Q1
Revenue $750.7M $3.199B $737.6M
YoY Change 1.78% -4.21% -1.47%
Cost Of Revenue $645.5M $2.642B $633.2M
YoY Change 1.94% -4.95% -0.02%
Gross Profit $105.2M $557.2M $104.4M
YoY Change 0.77% -0.5% -9.49%
Gross Profit Margin 14.01% 17.42% 14.15%
Selling, General & Admin $63.90M $259.8M $61.00M
YoY Change 4.75% 2.04% -17.01%
% of Gross Profit 60.74% 46.63% 58.43%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $43.60M $175.9M $46.70M
YoY Change -6.64% -6.22% 1.74%
% of Gross Profit 41.44% 31.57% 44.73%
Operating Expenses $107.5M $435.7M $107.6M
YoY Change -0.09% -1.47% -9.88%
Operating Profit -$2.300M $121.5M -$3.200M
YoY Change -28.12% 3.14% -21.18%
Interest Expense -$4.700M -$29.70M -$12.60M
YoY Change -62.7% -41.65% 1.61%
% of Operating Profit -24.44%
Other Income/Expense, Net -$100.0K $8.597M -$500.0K
YoY Change -80.0% -26.3% -50.0%
Pretax Income -$6.300M $59.22M -$15.30M
YoY Change -58.82% -24.6% -0.65%
Income Tax $600.0K $24.88M -$5.200M
% Of Pretax Income 42.01%
Net Earnings -$4.200M $34.34M -$11.19M
YoY Change -62.46% -39.99% -7.18%
Net Earnings / Revenue -0.56% 1.07% -1.52%
Basic Earnings Per Share $1.08 -$0.35
Diluted Earnings Per Share -$133.8K $1.07 -$0.35
COMMON SHARES
Basic Shares Outstanding 30.62M shares 31.67M shares 31.59M shares
Diluted Shares Outstanding 32.09M shares

Balance Sheet

Concept 2021 Q1 2021 2020 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $11.80M $11.80M $54.60M
YoY Change -78.39% -78.39% -57.44%
Cash & Equivalents $11.77M $11.80M $54.56M
Short-Term Investments
Other Short-Term Assets $29.07M $29.00M $31.99M
YoY Change -9.12% -8.81% 9.76%
Inventory $70.85M $70.80M $98.32M
Prepaid Expenses $14.85M $12.77M
Receivables $858.1M $1.040B $817.2M
Other Receivables $34.00K $16.70M $219.0K
Total Short-Term Assets $1.169B $1.169B $1.258B
YoY Change -7.13% -7.13% 14.76%
LONG-TERM ASSETS
Property, Plant & Equipment $274.0M $337.1M $376.6M
YoY Change -27.26% -24.45% -11.33%
Goodwill $272.5M $325.7M
YoY Change -16.35% 0.0%
Intangibles $119.3M $139.9M
YoY Change -14.74% -13.15%
Long-Term Investments
YoY Change
Other Assets $46.59M $29.00M $47.44M
YoY Change -1.79% 16.94% -46.96%
Total Long-Term Assets $775.5M $775.6M $959.3M
YoY Change -19.16% -19.15% -4.17%
TOTAL ASSETS
Total Short-Term Assets $1.169B $1.169B $1.258B
Total Long-Term Assets $775.5M $775.6M $959.3M
Total Assets $1.944B $1.944B $2.218B
YoY Change -12.33% -12.33% 5.73%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $159.0M $159.0M $119.6M
YoY Change 32.9% 32.94% 0.11%
Accrued Expenses $187.3M $187.3M $164.2M
YoY Change 14.07% 14.07% 14.03%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $81.72M $81.70M $22.50M
YoY Change 263.21% 263.11% 301.79%
Total Short-Term Liabilities $448.5M $448.5M $323.0M
YoY Change 38.84% 38.85% 13.35%
LONG-TERM LIABILITIES
Long-Term Debt $501.6M $501.6M $844.4M
YoY Change -40.6% -40.6% -2.67%
Other Long-Term Liabilities $26.57M $135.2M $6.442M
YoY Change 312.48% 27.43% -0.77%
Total Long-Term Liabilities $528.1M $636.8M $850.8M
YoY Change -37.93% -33.0% -2.66%
TOTAL LIABILITIES
Total Short-Term Liabilities $448.5M $448.5M $323.0M
Total Long-Term Liabilities $528.1M $636.8M $850.8M
Total Liabilities $1.133B $1.133B $1.349B
YoY Change -16.02% -16.02% 4.31%
SHAREHOLDERS EQUITY
Retained Earnings $800.6M $829.7M
YoY Change -3.51% 7.41%
Common Stock $12.49M $40.69M
YoY Change -69.3% 23.42%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $811.3M $811.3M $868.6M
YoY Change
Total Liabilities & Shareholders Equity $1.944B $1.944B $2.218B
YoY Change -12.33% -12.33% 5.73%

Cashflow Statement

Concept 2021 Q1 2021 2020 Q1
OPERATING ACTIVITIES
Net Income -$4.200M $34.34M -$11.19M
YoY Change -62.46% -39.99% -7.18%
Depreciation, Depletion And Amortization $43.60M $175.9M $46.70M
YoY Change -6.64% -6.22% 1.74%
Cash From Operating Activities $102.4M $381.8M $191.8M
YoY Change -46.61% 558.25% 34.41%
INVESTING ACTIVITIES
Capital Expenditures -$21.90M $58.05M -$18.70M
YoY Change 17.11% -51.86% -49.73%
Acquisitions $0.00
YoY Change
Other Investing Activities $1.500M $0.00 $2.900M
YoY Change -48.28% -100.0% -12.12%
Cash From Investing Activities -$20.30M -$44.63M -$15.80M
YoY Change 28.48% -55.91% -53.39%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $100.0M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -85.50M -$383.4M -133.2M
YoY Change -35.81% 1134.61% 4196.77%
NET CHANGE
Cash From Operating Activities 102.4M $381.8M 191.8M
Cash From Investing Activities -20.30M -$44.63M -15.80M
Cash From Financing Activities -85.50M -$383.4M -133.2M
Net Change In Cash -3.400M -$46.30M 42.80M
YoY Change -107.94% -37.68% -59.51%
FREE CASH FLOW
Cash From Operating Activities $102.4M $381.8M $191.8M
Capital Expenditures -$21.90M $58.05M -$18.70M
Free Cash Flow $124.3M $323.7M $210.5M
YoY Change -40.95% -617.35% 17.01%

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Basis of Presentation<div style="text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Dycom Industries, Inc. (“Dycom”, the “Company”, “we”, or “us”) is a leading provider of specialty contracting services throughout the United States. We provide program management, engineering, construction, maintenance and installation services for telecommunications providers, underground facility locating services for various utilities, including telecommunications providers, and other construction and maintenance services for electric and gas utilities.</span></div><div style="text-indent:18pt"><span><br/></span></div><div style="text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Accounting Period.</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> In September 2017, our Board of Directors approved a change in the Company’s fiscal year end from the last Saturday in July to the last Saturday in January. The change better aligned our fiscal year with the planning cycles of our customers. For quarterly comparisons, there were no changes to the months in each fiscal quarter. We use a 52/53 week fiscal year ending on the last Saturday in January. Fiscal 2021 consisted of 53 weeks and fiscal 2020 and fiscal 2019 consisted of 52 weeks of operations. </span></div><div style="text-indent:18pt"><span><br/></span></div><div style="text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We refer to the period beginning January 26, 2020 and ending on January 30, 2021 as “fiscal 2021”, the period beginning on January 27, 2019 and ending on January 25, 2020 as “fiscal 2020”, the period beginning on January 28, 2018 and ending January 26, 2019 as “fiscal 2019”, the period beginning July 30, 2017 and ending January 27, 2018 as the “2018 transition period”.</span></div><div style="text-indent:18pt"><span><br/></span></div><div style="text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The accompanying consolidated financial statements of the Company and its subsidiaries, all of which are wholly-owned, have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) pursuant to the rules and regulations of the U.S. Securities and Exchange Commission (“SEC”). In the opinion of management, all adjustments considered necessary for a fair presentation of such statements have been included. This includes all normal and recurring adjustments and elimination of intercompany accounts and transactions.</span></div>Segment Information. The Company operates in one reportable segment. Its services are provided by its operating segments on a decentralized basis. Each operating segment consists of a subsidiary (or in certain instances, the combination of two or more subsidiaries), whose results are regularly reviewed by the Company’s Chief Executive Officer, the chief operating decision maker. All of the Company’s operating segments have been aggregated into one reportable segment based on their similar economic characteristics, nature of services and production processes, type of customers, and service distribution methods.
CY2021 us-gaap Fiscal Period
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<div style="text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Accounting Period.</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> In September 2017, our Board of Directors approved a change in the Company’s fiscal year end from the last Saturday in July to the last Saturday in January. The change better aligned our fiscal year with the planning cycles of our customers. For quarterly comparisons, there were no changes to the months in each fiscal quarter. We use a 52/53 week fiscal year ending on the last Saturday in January. Fiscal 2021 consisted of 53 weeks and fiscal 2020 and fiscal 2019 consisted of 52 weeks of operations. </span></div><div style="text-indent:18pt"><span><br/></span></div><div style="text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We refer to the period beginning January 26, 2020 and ending on January 30, 2021 as “fiscal 2021”, the period beginning on January 27, 2019 and ending on January 25, 2020 as “fiscal 2020”, the period beginning on January 28, 2018 and ending January 26, 2019 as “fiscal 2019”, the period beginning July 30, 2017 and ending January 27, 2018 as the “2018 transition period”.</span></div>
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<span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Use of Estimates. </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">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. These key estimates include: the recognition of revenue under the cost-to-cost method of progress, accrued insurance claims, the allowance for doubtful accounts, accruals for contingencies, stock-based compensation expense for performance-based stock awards, the fair value of reporting units for the goodwill impairment analysis, the assessment of impairment of intangibles and other long lived assets, the purchase price allocations of businesses acquired, and income taxes. These estimates are based on our historical experience and management’s understanding of current facts and circumstances. At the time they are made, we believe that such estimates are fair when considered in conjunction with the Company’s consolidated financial position and results of operations taken as a whole. However, actual results could differ materially from those estimates.</span>
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2200000 USD
CY2020Q1 us-gaap Business Combination Recognized Identifiable Assets Acquired Goodwill And Liabilities Assumed Net
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20400000 USD
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CY2020Q1 us-gaap Billed Contract Receivables
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492324000 USD
CY2020Q1 us-gaap Unbilled Contracts Receivable
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CY2021Q1 dy Contract Receivable Retainage And Other Receivables
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CY2020Q1 dy Contract Receivable Retainage And Other Receivables
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12669000 USD
CY2021Q1 us-gaap Accounts Receivable Gross
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CY2020Q1 us-gaap Accounts Receivable Gross
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821827000 USD
CY2021Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
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1676000 USD
CY2020Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
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4582000 USD
CY2021Q1 us-gaap Accounts Receivable Net
AccountsReceivableNet
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CY2020Q1 us-gaap Accounts Receivable Net
AccountsReceivableNet
817245000 USD
CY2020Q1 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
4582000 USD
CY2019Q1 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
17702000 USD
CY2021 us-gaap Provision For Doubtful Accounts
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406000 USD
CY2020 us-gaap Provision For Doubtful Accounts
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CY2021 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
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3783000 USD
CY2020 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
6580000 USD
CY2021Q1 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
1676000 USD
CY2020Q1 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
4582000 USD
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197110000 USD
CY2020Q1 us-gaap Contract With Customer Asset Gross
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253005000 USD
CY2021Q1 us-gaap Contract With Customer Liability
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14101000 USD
CY2020Q1 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
16332000 USD
CY2021Q1 us-gaap Contract With Customer Asset Net
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183009000 USD
CY2020Q1 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
236673000 USD
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CY2020Q1 us-gaap Prepaid Expense Current
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12769000 USD
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12817000 USD
CY2020Q1 us-gaap Deposits Assets Current
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17447000 USD
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CY2020Q1 us-gaap Restricted Cash Current
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34000 USD
CY2020Q1 us-gaap Other Receivables Net Current
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219000 USD
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29072000 USD
CY2020Q1 us-gaap Other Assets Current
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31991000 USD
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17574000 USD
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22653000 USD
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432000 USD
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3753000 USD
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15837000 USD
CY2020Q1 us-gaap Insurance Settlements Receivable Noncurrent
InsuranceSettlementsReceivableNoncurrent
4864000 USD
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46589000 USD
CY2020Q1 us-gaap Other Assets Noncurrent
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CY2020Q1 us-gaap Cash And Cash Equivalents At Carrying Value
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1372000 USD
CY2020Q1 us-gaap Restricted Cash Current
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1556000 USD
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432000 USD
CY2020Q1 us-gaap Restricted Cash Noncurrent
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3753000 USD
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13574000 USD
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
59869000 USD
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CY2020Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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759207000 USD
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273960000 USD
CY2020Q1 us-gaap Property Plant And Equipment Net
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376610000 USD
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CY2020 us-gaap Depreciation
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CY2019 us-gaap Depreciation
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44208000 USD
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36109000 USD
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521516000 USD
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Goodwill
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CY2020Q1 us-gaap Goodwill
Goodwill
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53264000 USD
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53264000 USD
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521516000 USD
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249031000 USD
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207745000 USD
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327267000 USD
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187322000 USD
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139945000 USD
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20600000 USD
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21200000 USD
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22600000 USD
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17489000 USD
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15333000 USD
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13901000 USD
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13717000 USD
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13366000 USD
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40816000 USD
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2 state
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425000 USD
CY2020Q1 dy Insurance Liability Annual Retained Riskof Loss Under Employee Health Plan Per Participant Maximum Threshold
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475000 USD
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38881000 USD
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56026000 USD
CY2021Q1 us-gaap Accrued Insurance Current And Noncurrent
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111960000 USD
CY2020Q1 us-gaap Accrued Insurance Current And Noncurrent
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15837000 USD
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InsuranceSettlementsReceivableNoncurrent
4864000 USD
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15837000 USD
CY2020Q1 us-gaap Insurance Settlements Receivable
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4864000 USD
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P3Y2M12D
CY2020Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P3Y3M18D
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0.046
CY2020Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
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30888000 USD
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27510000 USD
CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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27477000 USD
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
28159000 USD
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
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19608000 USD
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11645000 USD
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7069000 USD
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2577000 USD
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
2178000 USD
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
71236000 USD
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8108000 USD
CY2021Q1 us-gaap Operating Lease Liability
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63128000 USD
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1700000 USD
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43593000 USD
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27959000 USD
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23340000 USD
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27690000 USD
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CY2020Q1 us-gaap Other Accrued Liabilities Current
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CY2021Q1 us-gaap Debt And Capital Lease Obligations
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CY2021Q1 us-gaap Long Term Debt And Capital Lease Obligations Current
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81722000 USD
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22500000 USD
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501562000 USD
CY2020Q1 us-gaap Long Term Debt Noncurrent
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52200000 USD
CY2020Q1 us-gaap Letters Of Credit Outstanding Amount
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52300000 USD
CY2021Q1 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
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558700000 USD
CY2020Q1 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
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287000000.0 USD
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112600000 USD
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104.50
CY2020Q1 dy Debt Instrument Fair Value Per Stated Incremental Portionon Principal
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97.25
CY2021 us-gaap Current Federal Tax Expense Benefit
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CY2020 us-gaap Current Federal Tax Expense Benefit
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CY2020 us-gaap Current Foreign Tax Expense Benefit
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CY2019 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
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CY2021 us-gaap Current State And Local Tax Expense Benefit
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CurrentStateAndLocalTaxExpenseBenefit
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CurrentStateAndLocalTaxExpenseBenefit
4897000 USD
CY2021 us-gaap Current Income Tax Expense Benefit
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53065000 USD
CY2020 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
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16608000 USD
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DeferredFederalIncomeTaxExpenseBenefit
8706000 USD
CY2021 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
0 USD
CY2020 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
568000 USD
CY2019 us-gaap Deferred Foreign Income Tax Expense Benefit
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-3805000 USD
CY2020 us-gaap Deferred State And Local Income Tax Expense Benefit
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1436000 USD
CY2019 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
263000 USD
CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-28185000 USD
CY2020 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
9261000 USD
CY2019 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
8523000 USD
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
24880000 USD
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
21321000 USD
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
25131000 USD
CY2021 dy Income Tax Benefit Loss Carryback Cares Act
IncomeTaxBenefitLossCarrybackCARESAct
2600000 USD
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53300000 USD
CY2021 dy Income Tax Benefit Loss Carryback Cares Act
IncomeTaxBenefitLossCarrybackCARESAct
2600000 USD
CY2021 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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12436000 USD
CY2020 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
16495000 USD
CY2019 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
18488000 USD
CY2021 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
4344000 USD
CY2020 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
4282000 USD
CY2019 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
4004000 USD
CY2021 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
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CY2020 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
1093000 USD
CY2019 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
0 USD
CY2021 us-gaap Income Tax Reconciliation Nondeductible Expense Impairment Losses
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10411000 USD
CY2020 us-gaap Income Tax Reconciliation Nondeductible Expense Impairment Losses
IncomeTaxReconciliationNondeductibleExpenseImpairmentLosses
0 USD
CY2019 us-gaap Income Tax Reconciliation Nondeductible Expense Impairment Losses
IncomeTaxReconciliationNondeductibleExpenseImpairmentLosses
0 USD
CY2021 dy Effective Income Tax Rate Reconciliation Compensation Limitation Amount
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2632000 USD
CY2020 dy Effective Income Tax Rate Reconciliation Compensation Limitation Amount
EffectiveIncomeTaxRateReconciliationCompensationLimitationAmount
82000 USD
CY2019 dy Effective Income Tax Rate Reconciliation Compensation Limitation Amount
EffectiveIncomeTaxRateReconciliationCompensationLimitationAmount
884000 USD
CY2021 us-gaap Income Tax Reconciliation Nondeductible Expense Other
IncomeTaxReconciliationNondeductibleExpenseOther
808000 USD
CY2020 us-gaap Income Tax Reconciliation Nondeductible Expense Other
IncomeTaxReconciliationNondeductibleExpenseOther
1351000 USD
CY2019 us-gaap Income Tax Reconciliation Nondeductible Expense Other
IncomeTaxReconciliationNondeductibleExpenseOther
1549000 USD
CY2021 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
-436000 USD
CY2020 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
875000 USD
CY2019 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
-200000 USD
CY2021 us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
3145000 USD
CY2020 us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
2801000 USD
CY2019 us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
1835000 USD
CY2021 dy Effective Income Tax Rate Reconciliation Changein Accrual For Uncertain Tax Positions
EffectiveIncomeTaxRateReconciliationChangeinAccrualForUncertainTaxPositions
1189000 USD
CY2020 dy Effective Income Tax Rate Reconciliation Changein Accrual For Uncertain Tax Positions
EffectiveIncomeTaxRateReconciliationChangeinAccrualForUncertainTaxPositions
891000 USD
CY2019 dy Effective Income Tax Rate Reconciliation Changein Accrual For Uncertain Tax Positions
EffectiveIncomeTaxRateReconciliationChangeinAccrualForUncertainTaxPositions
464000 USD
CY2021 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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1000 USD
CY2020 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
722000 USD
CY2019 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
291000 USD
CY2021 dy Effective Income Tax Rate Reconciliation Effectsof Rates Other Than The Statutory Rate Amount
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