2020 Form 10-K Financial Statement

#000093114821000035 Filed on February 23, 2021

View on sec.gov

Income Statement

Concept 2020 2019 Q4 2019
Revenue $1.224B $414.6M $1.791B
YoY Change -31.63% -22.18% -5.54%
Cost Of Revenue $563.9M $179.3M $750.4M
YoY Change -24.86% -16.37% 6.33%
Gross Profit $660.5M $235.3M $1.040B
YoY Change -36.52% -26.11% -12.59%
Gross Profit Margin 53.95% 56.75% 58.1%
Selling, General & Admin $67.91M $17.30M $63.67M
YoY Change 6.66% 10.31% 2.65%
% of Gross Profit 10.28% 7.35% 6.12%
Research & Development $3.975M $700.0K $2.684M
YoY Change 48.1% 16.47% 26.07%
% of Gross Profit 0.6% 0.3% 0.26%
Depreciation & Amortization $51.50M $15.40M $49.70M
YoY Change 3.62% -17.65% -7.1%
% of Gross Profit 7.8% 6.54% 4.78%
Operating Expenses $71.89M $18.10M $66.36M
YoY Change 8.33% 11.15% 3.42%
Operating Profit $588.6M $217.2M $974.0M
YoY Change -39.57% -28.11% -13.5%
Interest Expense $98.07M -$27.10M $127.3M
YoY Change -22.98% -20.53% -5.72%
% of Operating Profit 16.66% -12.48% 13.07%
Other Income/Expense, Net -$3.330M -$4.600M -$5.203M
YoY Change -36.0% 455.56% 54.81%
Pretax Income $510.0M $182.2M $842.8M
YoY Change -39.49% -24.9% -6.65%
Income Tax $75.67M $7.300M $98.23M
% Of Pretax Income 14.84% 4.01% 11.65%
Net Earnings $434.4M $174.9M $744.6M
YoY Change -41.66% -23.83% -12.83%
Net Earnings / Revenue 35.48% 42.19% 41.58%
Basic Earnings Per Share $1.62 $2.58
Diluted Earnings Per Share $1.62 $613.7K $2.58
COMMON SHARES
Basic Shares Outstanding 267.9M shares 289.5M shares 289.1M shares
Diluted Shares Outstanding 267.9M shares 289.1M shares

Balance Sheet

Concept 2020 2019 Q4 2019
SHORT-TERM ASSETS
Cash & Short-Term Investments $145.4M $80.90M $80.90M
YoY Change 79.73% 62.12% 62.12%
Cash & Equivalents $145.4M $80.94M $80.90M
Short-Term Investments
Other Short-Term Assets $12.60M $4.332M $14.30M
YoY Change -11.89% -7.81% -7.14%
Inventory $277.8M $313.6M $326.4M
Prepaid Expenses
Receivables $182.6M $247.1M $247.1M
Other Receivables $10.70M $0.00 $13.80M
Total Short-Term Assets $629.2M $682.6M $682.6M
YoY Change -7.82% 6.98% 6.97%
LONG-TERM ASSETS
Property, Plant & Equipment $513.4M $513.0M $521.0M
YoY Change -1.46% -0.13% 1.42%
Goodwill $171.1M
YoY Change 0.0%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $46.60M $104.2M $67.60M
YoY Change -31.07% -6.02% -21.94%
Total Long-Term Assets $803.5M $843.6M $843.6M
YoY Change -4.75% -2.75% -2.74%
TOTAL ASSETS
Total Short-Term Assets $629.2M $682.6M $682.6M
Total Long-Term Assets $803.5M $843.6M $843.6M
Total Assets $1.433B $1.526B $1.526B
YoY Change -6.13% 1.37% 1.37%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $71.00M $78.70M $78.70M
YoY Change -9.78% -10.67% -10.67%
Accrued Expenses $92.20M $113.5M $99.90M
YoY Change -7.71% -14.47% -18.58%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $141.0K $0.00
YoY Change -99.87%
Long-Term Debt Due $100.0K $141.0K $100.0K
YoY Change 0.0% -99.87% -99.91%
Total Short-Term Liabilities $198.1M $220.2M $220.2M
YoY Change -10.04% -32.68% -32.68%
LONG-TERM LIABILITIES
Long-Term Debt $1.420B $1.813B $1.813B
YoY Change -21.66% -11.59% -11.59%
Other Long-Term Liabilities $100.6M $72.56M $134.6M
YoY Change -25.26% 0.06% -15.35%
Total Long-Term Liabilities $1.521B $1.885B $1.947B
YoY Change -21.91% -11.19% -11.86%
TOTAL LIABILITIES
Total Short-Term Liabilities $198.1M $220.2M $220.2M
Total Long-Term Liabilities $1.521B $1.885B $1.947B
Total Liabilities $1.762B $2.105B $2.217B
YoY Change -20.53% -14.06% -14.14%
SHAREHOLDERS EQUITY
Retained Earnings -$1.452B
YoY Change -23.33%
Common Stock $2.705M
YoY Change -6.88%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$329.4M -$691.1M -$691.1M
YoY Change
Total Liabilities & Shareholders Equity $1.433B $1.526B $1.526B
YoY Change -6.13% 1.37% 1.37%

Cashflow Statement

Concept 2020 2019 Q4 2019
OPERATING ACTIVITIES
Net Income $434.4M $174.9M $744.6M
YoY Change -41.66% -23.83% -12.83%
Depreciation, Depletion And Amortization $51.50M $15.40M $49.70M
YoY Change 3.62% -17.65% -7.1%
Cash From Operating Activities $563.6M $220.5M $805.3M
YoY Change -30.01% -1.74% -3.74%
INVESTING ACTIVITIES
Capital Expenditures $36.08M -$20.00M $64.10M
YoY Change -43.72% -2.91% -6.04%
Acquisitions
YoY Change
Other Investing Activities $400.0K $100.0K $200.0K
YoY Change 100.0% -77.78%
Cash From Investing Activities -$35.70M -$19.90M -$63.88M
YoY Change -44.12% -2.93% -5.07%
FINANCING ACTIVITIES
Cash Dividend Paid $8.603M $20.61M
YoY Change -58.26% -62.94%
Common Stock Issuance & Retirement, Net $30.10M $10.90M
YoY Change 176.15%
Debt Paid & Issued, Net $350.1M
YoY Change 521.12%
Cash From Financing Activities -$463.7M -501.1M -$709.6M
YoY Change -34.66% 95.51% -2.93%
NET CHANGE
Cash From Operating Activities $563.6M 220.5M $805.3M
Cash From Investing Activities -$35.70M -19.90M -$63.88M
Cash From Financing Activities -$463.7M -501.1M -$709.6M
Net Change In Cash $64.27M -300.5M $31.80M
YoY Change 102.09% 473.47% -16.89%
FREE CASH FLOW
Cash From Operating Activities $563.6M $220.5M $805.3M
Capital Expenditures $36.08M -$20.00M $64.10M
Free Cash Flow $527.6M $240.5M $741.2M
YoY Change -28.82% -1.84% -3.54%

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<div style="margin-top:9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-top:9pt;text-align:justify;text-indent:42.75pt"><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 U.S. generally accepted accounting principles (“GAAP”) requires us to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent liabilities at the date of the Consolidated Financial Statements and the reported amounts of revenue and expenses. Significant estimates and assumptions are used for, but are not limited to inventory valuation, pension and other post-retirement benefits, allowance for doubtful accounts, contingent liabilities, accruals and valuation allowances, asset impairment, and environmental-related accruals. Actual results could differ from our estimates.</span></div>
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ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
229250 shares
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
5.13
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
979790 shares
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
6.08
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.50
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.50
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.45
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum
0.0037
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum
0.0122
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum
0.0179
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum
0.0263
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum
0.0284
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum
0.0298
CY2020 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P6Y6M
CY2019 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P6Y6M
CY2018 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P6Y6M
CY2020 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P7Y10M24D
CY2019 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P2Y10M24D
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
500000 USD
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1248935 shares
CY2020 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P7Y10M24D
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
13.66
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
342574 shares
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
15.38
CY2019Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
931658 shares
CY2019Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue
15.06
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
308875 shares
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
8.99
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableNumber
190212 shares
CY2020 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedWeightedAverageGrantDateFairValue
15.13
CY2020 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Options Forfeited Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedOptionsForfeitedNumberOfShares
143960 shares
CY2020 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Options Forfeited Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedOptionsForfeitedWeightedAverageGrantDateFairValue
14.82
CY2020Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
906361 shares
CY2020Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue
13.01
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
303583 shares
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
342574 shares
CY2020Q4 us-gaap Deferred Compensation Sharebased Arrangements Liability Current And Noncurrent
DeferredCompensationSharebasedArrangementsLiabilityCurrentAndNoncurrent
8900000 USD
CY2019Q4 us-gaap Deferred Compensation Sharebased Arrangements Liability Current And Noncurrent
DeferredCompensationSharebasedArrangementsLiabilityCurrentAndNoncurrent
6900000 USD
CY2020 us-gaap Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
83555000 USD
CY2019 us-gaap Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
121010000 USD
CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1224361000 USD
CY2019 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1790793000 USD
CY2018 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1895910000 USD
CY2020Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
506217000 USD
CY2019Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
513020000 USD
CY2020Q4 us-gaap Long Term Debt
LongTermDebt
1420131000 USD
CY2019Q4 us-gaap Long Term Debt
LongTermDebt
1812823000 USD
CY2020Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
131000 USD
CY2019Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
141000 USD
CY2020Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
1420000000 USD
CY2019Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
1812682000 USD
CY2018Q1 gti Equity Interest Pledge
EquityInterestPledge
0.65
CY2020Q4 us-gaap Debt Instrument Repurchase Amount
DebtInstrumentRepurchaseAmount
80000000 USD
CY2020Q4 us-gaap Subordinated Borrowing Interest Rate
SubordinatedBorrowingInterestRate
0.04625
CY2020Q4 us-gaap Debt Instrument Redemption Price Percentage
DebtInstrumentRedemptionPricePercentage
1
CY2020Q4 us-gaap Subordinated Borrowing Interest Rate
SubordinatedBorrowingInterestRate
0.04625
CY2020 us-gaap Debt Instrument Redemption Price Percentage Of Principal Amount Redeemed
DebtInstrumentRedemptionPricePercentageOfPrincipalAmountRedeemed
0.30
CY2018 us-gaap Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
100844000 USD
CY2020 us-gaap Interest Expense Related Party
InterestExpenseRelatedParty
0 USD
CY2019 us-gaap Interest Expense Related Party
InterestExpenseRelatedParty
0 USD
CY2018 us-gaap Interest Expense Related Party
InterestExpenseRelatedParty
5090000 USD
CY2020 us-gaap Redemption Premium
RedemptionPremium
0 USD
CY2019 us-gaap Redemption Premium
RedemptionPremium
0 USD
CY2018 us-gaap Redemption Premium
RedemptionPremium
4782000 USD
CY2020 gti Accretion Expenseon Extinguished Debt
AccretionExpenseonExtinguishedDebt
0 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
142300000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
69871000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
72429000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
142300000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
58446000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
83854000 USD
CY2020 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
11400000 USD
CY2019 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
12200000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
12900000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
10700000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
10100000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
9200000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
8000000.0 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
7300000 USD
CY2019 us-gaap Accretion Expense
AccretionExpense
2196000 USD
CY2019 gti Accretion Expenseon Extinguished Debt
AccretionExpenseonExtinguishedDebt
0 USD
CY2018 gti Accretion Expenseon Extinguished Debt
AccretionExpenseonExtinguishedDebt
19414000 USD
CY2020 us-gaap Accretion Expense
AccretionExpense
5340000 USD
CY2020Q4 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
621478000 USD
CY2019Q4 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
567715000 USD
CY2020Q4 us-gaap Construction In Progress Gross
ConstructionInProgressGross
33098000 USD
CY2019Q4 us-gaap Construction In Progress Gross
ConstructionInProgressGross
47370000 USD
CY2020Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
784902000 USD
CY2019Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
733417000 USD
CY2020Q4 us-gaap Accrued Employee Benefits Current And Noncurrent
AccruedEmployeeBenefitsCurrentAndNoncurrent
13159000 USD
CY2019Q4 us-gaap Accrued Employee Benefits Current And Noncurrent
AccruedEmployeeBenefitsCurrentAndNoncurrent
11801000 USD
CY2020Q4 us-gaap Accrued Employee Benefits Current
AccruedEmployeeBenefitsCurrent
7128000 USD
CY2019Q4 us-gaap Accrued Employee Benefits Current
AccruedEmployeeBenefitsCurrent
7416000 USD
CY2020 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
1200000 USD
CY2019 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
0 USD
CY2020 us-gaap Cash Flow Hedge Gain Loss To Be Reclassified Within Twelve Months
CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonths
7400000 USD
CY2019 us-gaap Cash Flow Hedge Gain Loss To Be Reclassified Within Twelve Months
CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonths
3500000 USD
CY2020Q4 us-gaap Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
101098000 USD
CY2019Q4 us-gaap Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
129879000 USD
CY2020Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
110331000 USD
CY2019Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
131435000 USD
CY2020Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
54535000 USD
CY2019Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
52334000 USD
CY2020Q4 us-gaap Inventory Net
InventoryNet
265964000 USD
CY2019Q4 us-gaap Inventory Net
InventoryNet
313648000 USD
CY2020Q4 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
9242000 USD
CY2019Q4 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
9986000 USD
CY2020Q4 us-gaap Prepaid Taxes
PrepaidTaxes
10666000 USD
CY2019Q4 us-gaap Prepaid Taxes
PrepaidTaxes
13890000 USD
CY2020Q4 us-gaap Other Inventories Spare Parts
OtherInventoriesSpareParts
11825000 USD
CY2019Q4 us-gaap Other Inventories Spare Parts
OtherInventoriesSpareParts
12738000 USD
CY2020Q4 us-gaap Other Assets Current
OtherAssetsCurrent
3381000 USD
CY2019Q4 us-gaap Other Assets Current
OtherAssetsCurrent
4332000 USD
CY2020Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
35114000 USD
CY2019Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
40946000 USD
CY2020Q4 us-gaap Land
Land
50285000 USD
CY2019Q4 us-gaap Land
Land
46548000 USD
CY2020Q4 us-gaap Buildings And Improvements Gross
BuildingsAndImprovementsGross
80041000 USD
CY2019Q4 us-gaap Buildings And Improvements Gross
BuildingsAndImprovementsGross
71784000 USD
CY2019Q4 us-gaap Postemployment Benefits Liability Noncurrent
PostemploymentBenefitsLiabilityNoncurrent
16528000 USD
CY2020Q4 us-gaap Deferred Revenue
DeferredRevenue
13056000 USD
CY2019Q4 us-gaap Deferred Revenue
DeferredRevenue
11776000 USD
CY2020Q4 us-gaap Other Accrued Liabilities Current And Noncurrent
OtherAccruedLiabilitiesCurrentAndNoncurrent
23158000 USD
CY2019Q4 us-gaap Other Accrued Liabilities Current And Noncurrent
OtherAccruedLiabilitiesCurrentAndNoncurrent
17342000 USD
CY2020Q4 us-gaap Accrued Liabilities Current And Noncurrent
AccruedLiabilitiesCurrentAndNoncurrent
56501000 USD
CY2019Q4 us-gaap Accrued Liabilities Current And Noncurrent
AccruedLiabilitiesCurrentAndNoncurrent
48335000 USD
CY2020Q4 us-gaap Postemployment Benefits Liability Noncurrent
PostemploymentBenefitsLiabilityNoncurrent
15669000 USD
CY2018 us-gaap Accretion Expense
AccretionExpense
1455000 USD
CY2020 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
9179000 USD
CY2019 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
4125000 USD
CY2018 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
3476000 USD
CY2020 us-gaap Interest Expense
InterestExpense
98074000 USD
CY2019 us-gaap Interest Expense
InterestExpense
127331000 USD
CY2018 us-gaap Interest Expense
InterestExpense
135061000 USD
CY2020Q4 us-gaap Subordinated Borrowing Interest Rate
SubordinatedBorrowingInterestRate
0.04625
CY2020 us-gaap Line Of Credit Facility Interest Rate During Period
LineOfCreditFacilityInterestRateDuringPeriod
0.0450
CY2019 us-gaap Line Of Credit Facility Interest Rate During Period
LineOfCreditFacilityInterestRateDuringPeriod
0.0530
CY2018 us-gaap Line Of Credit Facility Interest Rate During Period
LineOfCreditFacilityInterestRateDuringPeriod
0.0602
CY2018 us-gaap Redemption Premium
RedemptionPremium
4800000 USD
CY2018 gti Accretion Expenseon Extinguished Debt
AccretionExpenseonExtinguishedDebt
19400000 USD
CY2019 gti Accelerated Accretion
AcceleratedAccretion
18700000 USD
CY2019 gti Accelerated Amortizationof Debt Issuance Costs
AcceleratedAmortizationofDebtIssuanceCosts
300000 USD
CY2020Q4 us-gaap Debt Instrument Interest Rate Effective Percentage
DebtInstrumentInterestRateEffectivePercentage
0.051
CY2019Q4 gti Hedging Instruments Nonderivative Assets
HedgingInstrumentsNonderivativeAssets
5500000 USD
CY2020Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
3195000 USD
CY2019Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
3598000 USD
CY2018 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
122000 USD
CY2020 us-gaap Allowance For Doubtful Accounts Receivable Period Increase Decrease
AllowanceForDoubtfulAccountsReceivablePeriodIncreaseDecrease
-715000 USD
CY2019 us-gaap Allowance For Doubtful Accounts Receivable Period Increase Decrease
AllowanceForDoubtfulAccountsReceivablePeriodIncreaseDecrease
-291000 USD
CY2018 us-gaap Allowance For Doubtful Accounts Receivable Period Increase Decrease
AllowanceForDoubtfulAccountsReceivablePeriodIncreaseDecrease
-90000 USD
CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
8243000 USD
CY2019Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
5474000 USD
CY2018Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
1129000 USD
CY2019Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
7500000 USD
CY2019Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
7500000 USD
CY2020 us-gaap Operating Lease Cost
OperatingLeaseCost
6138000 USD
CY2019 us-gaap Operating Lease Cost
OperatingLeaseCost
4816000 USD
CY2020 us-gaap Short Term Lease Cost
ShortTermLeaseCost
159000 USD
CY2019Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
4475000 USD
CY2019 us-gaap Short Term Lease Cost
ShortTermLeaseCost
14000 USD
CY2020 us-gaap Variable Lease Cost
VariableLeaseCost
429000 USD
CY2019 us-gaap Variable Lease Cost
VariableLeaseCost
227000 USD
CY2020 us-gaap Lease Cost
LeaseCost
6726000 USD
CY2019 us-gaap Lease Cost
LeaseCost
5057000 USD
CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
5262000 USD
CY2019 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
4995000 USD
CY2020 us-gaap Operating Lease Payments
OperatingLeasePayments
6177000 USD
CY2019 us-gaap Operating Lease Payments
OperatingLeasePayments
4724000 USD
CY2020Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
7164000 USD
CY2019Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
7994000 USD
CY2020Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
4102000 USD
CY2020Q4 gti Pension And Related Benefits
PensionAndRelatedBenefits
37847000 USD
CY2019Q4 gti Pension And Related Benefits
PensionAndRelatedBenefits
37431000 USD
CY2020Q4 us-gaap Other Long Term Debt Noncurrent
OtherLongTermDebtNoncurrent
27962000 USD
CY2019Q4 us-gaap Other Long Term Debt Noncurrent
OtherLongTermDebtNoncurrent
18603000 USD
CY2020Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
81478000 USD
CY2019Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
72562000 USD
CY2019 us-gaap Increase Decrease In Raw Materials Packaging Materials And Supplies Inventories
IncreaseDecreaseInRawMaterialsPackagingMaterialsAndSuppliesInventories
25100000 USD
CY2019 gti Increase Decrease In Work In Process Inventories
IncreaseDecreaseInWorkInProcessInventories
5800000 USD
CY2019 gti Increase Decrease In Finished Goods Inventories
IncreaseDecreaseInFinishedGoodsInventories
19300000 USD
CY2019Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
5474000 USD
CY2018Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
1129000 USD
CY2017Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
1097000 USD
CY2020 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
1458000 USD
CY2019 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
4636000 USD
CY2020Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
7297000 USD
CY1991Q1 us-gaap Defined Contribution Plan Maximum Annual Contributions Per Employee Percent
DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent
0.06
CY2020Q4 us-gaap Defined Benefit Plan Accumulated Benefit Obligation
DefinedBenefitPlanAccumulatedBenefitObligation
176300000 USD
CY2020Q4 us-gaap Defined Benefit Plan Assumptions Used Calculating Benefit Obligation Discount Rate
DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationDiscountRate
0.0178
CY2019Q4 us-gaap Defined Benefit Plan Assumptions Used Calculating Benefit Obligation Discount Rate
DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationDiscountRate
0.0259
CY2020Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
7297000 USD
CY2019Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
8073000 USD
CY2020Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P2Y8M12D
CY2019Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P2Y3M18D
CY2020Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0582
CY2019Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0561
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
4124000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
1377000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
1024000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
872000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
449000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
7846000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
549000 USD
CY2019Q4 us-gaap Defined Benefit Plan Accumulated Benefit Obligation
DefinedBenefitPlanAccumulatedBenefitObligation
162600000 USD
CY2020Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
140650000 USD
CY2019Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
126812000 USD
CY2020Q4 us-gaap Defined Benefit Plan Assumptions Used Calculating Benefit Obligation Rate Of Compensation Increase
DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationRateOfCompensationIncrease
0.0146
CY2019Q4 us-gaap Defined Benefit Plan Assumptions Used Calculating Benefit Obligation Rate Of Compensation Increase
DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationRateOfCompensationIncrease
0.0150
CY2020 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Discount Rate
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostDiscountRate
0.0259
CY2019 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Discount Rate
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostDiscountRate
0.0371
CY2020 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Expected Long Term Return On Assets
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostExpectedLongTermReturnOnAssets
0.0414
CY2019 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Expected Long Term Return On Assets
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostExpectedLongTermReturnOnAssets
0.0492
CY2020 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Rate Of Compensation Increase
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostRateOfCompensationIncrease
0.0150
CY2019 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Rate Of Compensation Increase
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostRateOfCompensationIncrease
0.0174
CY2020 gti Defined Contribution Plan Employer Matching Contribution Percentof Employees Gross Pay Basic Contribution
DefinedContributionPlanEmployerMatchingContributionPercentofEmployeesGrossPayBasicContribution
0.05
CY2020 gti Defined Contribution Plan Employer Matching Contribution Percentof Employees Gross Pay Supplemental Contribution
DefinedContributionPlanEmployerMatchingContributionPercentofEmployeesGrossPaySupplementalContribution
0.45
CY2020 us-gaap Pension And Other Postretirement Benefit Contributions
PensionAndOtherPostretirementBenefitContributions
2200000 USD
CY2019 us-gaap Pension And Other Postretirement Benefit Contributions
PensionAndOtherPostretirementBenefitContributions
2100000 USD
us-gaap Pension And Other Postretirement Benefit Contributions
PensionAndOtherPostretirementBenefitContributions
1300000 USD
CY2018Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
1528000 USD
CY2019 us-gaap Product Warranty Expense
ProductWarrantyExpense
1033000 USD
CY2019 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
726000 USD
CY2019Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
1835000 USD
CY2020 us-gaap Product Warranty Expense
ProductWarrantyExpense
1220000 USD
CY2020 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
1058000 USD
CY2020Q4 us-gaap Product Warranty Accrual
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1997000 USD
CY2018Q2 gti Related Party Tax Agreement Percent Of Savings
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0.85
CY2018Q2 us-gaap Due To Related Parties Current And Noncurrent
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0 USD
CY2018Q4 us-gaap Due To Related Parties Current And Noncurrent
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86500000 USD
CY2019Q4 us-gaap Due To Related Parties Current And Noncurrent
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89900000 USD
CY2019Q4 us-gaap Due To Related Parties Current
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27900000 USD
CY2019Q4 us-gaap Due To Related Parties Noncurrent
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62000000.0 USD
CY2020 us-gaap Increase Decrease In Due To Related Parties
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21100000 USD
CY2020Q4 us-gaap Due To Related Parties Current And Noncurrent
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40900000 USD
CY2020Q4 us-gaap Due To Related Parties Current
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21800000 USD
CY2020Q4 us-gaap Due To Related Parties Noncurrent
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19100000 USD
CY2020 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Award Vesting Rights Percentage
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1
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
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51672000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
85365000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
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CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
458373000 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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510045000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
757462000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
970840000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
842827000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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902808000 USD
CY2020 us-gaap Current Federal Tax Expense Benefit
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-7660000 USD
CY2019 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
16589000 USD
CY2018 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
787000 USD
CY2020 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
27822000 USD
CY2019 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
5690000 USD
CY2018 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-52145000 USD
CY2020 us-gaap Federal Income Tax Expense Benefit Continuing Operations
FederalIncomeTaxExpenseBenefitContinuingOperations
20162000 USD
CY2019 us-gaap Federal Income Tax Expense Benefit Continuing Operations
FederalIncomeTaxExpenseBenefitContinuingOperations
22279000 USD
CY2018 us-gaap Federal Income Tax Expense Benefit Continuing Operations
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CY2020 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
63092000 USD
CY2019 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
64134000 USD
CY2018 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
85252000 USD
CY2020 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-7583000 USD
CY2019 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
11812000 USD
CY2018 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
15026000 USD
CY2020 us-gaap Foreign Income Tax Expense Benefit Continuing Operations
ForeignIncomeTaxExpenseBenefitContinuingOperations
55509000 USD
CY2019 us-gaap Foreign Income Tax Expense Benefit Continuing Operations
ForeignIncomeTaxExpenseBenefitContinuingOperations
75946000 USD
CY2018 us-gaap Foreign Income Tax Expense Benefit Continuing Operations
ForeignIncomeTaxExpenseBenefitContinuingOperations
100278000 USD
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
75671000 USD
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
98225000 USD
CY2018 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
48920000 USD
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
75700000 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
510000000.0 USD
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
98200000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
842800000 USD
CY2018 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
48900000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
902800000 USD
CY2019 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2018 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2020 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2020 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
107109000 USD
CY2019 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
176994000 USD
CY2018 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
189590000 USD
CY2020 gti Effective Income Tax Rate Reconciliation Tax Cuts And Jobs Actof2017 Global Intangible Low Taxed Income Amount
EffectiveIncomeTaxRateReconciliationTaxCutsAndJobsActof2017GlobalIntangibleLowTaxedIncomeAmount
45539000 USD
CY2019 gti Effective Income Tax Rate Reconciliation Tax Cuts And Jobs Actof2017 Global Intangible Low Taxed Income Amount
EffectiveIncomeTaxRateReconciliationTaxCutsAndJobsActof2017GlobalIntangibleLowTaxedIncomeAmount
65531000 USD
CY2018 gti Effective Income Tax Rate Reconciliation Tax Cuts And Jobs Actof2017 Global Intangible Low Taxed Income Amount
EffectiveIncomeTaxRateReconciliationTaxCutsAndJobsActof2017GlobalIntangibleLowTaxedIncomeAmount
93739000 USD
CY2020 us-gaap Income Tax Reconciliation Tax Settlements
IncomeTaxReconciliationTaxSettlements
-4429000 USD
CY2019 us-gaap Income Tax Reconciliation Tax Settlements
IncomeTaxReconciliationTaxSettlements
713000 USD
CY2018 us-gaap Income Tax Reconciliation Tax Settlements
IncomeTaxReconciliationTaxSettlements
18160000 USD
CY2020 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
-980000 USD
CY2019 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
-14548000 USD
CY2018 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
1529000 USD
CY2018 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
-93125000 USD
CY2020 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
3591000 USD
CY2019 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
4231000 USD
CY2020 us-gaap Income Tax Reconciliation Repatriation Of Foreign Earnings
IncomeTaxReconciliationRepatriationOfForeignEarnings
2113000 USD
CY2019 us-gaap Income Tax Reconciliation Repatriation Of Foreign Earnings
IncomeTaxReconciliationRepatriationOfForeignEarnings
2181000 USD
CY2018 us-gaap Income Tax Reconciliation Repatriation Of Foreign Earnings
IncomeTaxReconciliationRepatriationOfForeignEarnings
792000 USD
CY2020 us-gaap Income Tax Reconciliation Tax Contingencies
IncomeTaxReconciliationTaxContingencies
-78000 USD
CY2019 us-gaap Income Tax Reconciliation Tax Contingencies
IncomeTaxReconciliationTaxContingencies
-1293000 USD
CY2018 us-gaap Income Tax Reconciliation Tax Contingencies
IncomeTaxReconciliationTaxContingencies
-345000 USD
CY2020 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-38464000 USD
CY2019 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-76922000 USD
CY2018 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-95822000 USD
CY2020 us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
37280000 USD
CY2019 us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
56171000 USD
CY2018 us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
65046000 USD
CY2020 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-1450000 USD
CY2019 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-2491000 USD
CY2018 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-552000 USD
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
75671000 USD
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
98225000 USD
CY2018 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
48920000 USD
CY2020Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Postretirement Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsPostretirementBenefits
18202000 USD
CY2019Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Postretirement Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsPostretirementBenefits
18256000 USD
CY2020Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards
DeferredTaxAssetsTaxCreditCarryforwards
37101000 USD
CY2019Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards
DeferredTaxAssetsTaxCreditCarryforwards
55103000 USD
CY2020Q4 gti Deferred Tax Assets Deferred Expense Capitalized Research And Development Costs
DeferredTaxAssetsDeferredExpenseCapitalizedResearchAndDevelopmentCosts
3897000 USD
CY2019Q4 gti Deferred Tax Assets Deferred Expense Capitalized Research And Development Costs
DeferredTaxAssetsDeferredExpenseCapitalizedResearchAndDevelopmentCosts
5566000 USD
CY2020Q4 gti Deferred Tax Assets Environmental Reserves
DeferredTaxAssetsEnvironmentalReserves
1111000 USD
CY2019Q4 gti Deferred Tax Assets Environmental Reserves
DeferredTaxAssetsEnvironmentalReserves
1110000 USD
CY2020Q4 us-gaap Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
7381000 USD
CY2019Q4 us-gaap Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
14863000 USD
CY2020Q4 gti Deferred Tax Liabilities Inventory
DeferredTaxLiabilitiesInventory
8573000 USD
CY2019Q4 gti Deferred Tax Liabilities Inventory
DeferredTaxLiabilitiesInventory
12778000 USD
CY2020Q4 gti Deferred Tax Asset Option Amortization
DeferredTaxAssetOptionAmortization
1031000 USD
CY2019Q4 gti Deferred Tax Asset Option Amortization
DeferredTaxAssetOptionAmortization
1080000 USD
CY2020Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Restructuring Charges
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsRestructuringCharges
96000 USD
CY2019Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Restructuring Charges
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsRestructuringCharges
232000 USD
CY2020Q4 us-gaap Deferred Tax Assets Derivative Instruments
DeferredTaxAssetsDerivativeInstruments
3552000 USD
CY2019Q4 us-gaap Deferred Tax Assets Derivative Instruments
DeferredTaxAssetsDerivativeInstruments
768000 USD
CY2020Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
3646000 USD
CY2019Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
1104000 USD
CY2020Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
76017000 USD
CY2019Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
98082000 USD
CY2020Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
12773000 USD
CY2019Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
13736000 USD
CY2020Q4 us-gaap Deferred Tax Assets Net
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63244000 USD
CY2019Q4 us-gaap Deferred Tax Assets Net
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84346000 USD
CY2020Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
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54485000 USD
CY2019Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
56659000 USD
CY2020Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssets
7552000 USD
CY2019Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssets
6996000 USD
CY2020Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
3254000 USD
CY2019Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
2468000 USD
CY2020Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
73864000 USD
CY2019Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
78901000 USD
CY2020Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
10620000 USD
CY2019Q4 us-gaap Deferred Tax Assets Liabilities Net
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5445000 USD
CY2019Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
84300000 USD
CY2020Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
63200000 USD
CY2019Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
78900000 USD
CY2020Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
73900000 USD
CY2018Q4 us-gaap Valuation Allowances And Reserves Balance
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58446000 USD
CY2019 us-gaap Valuation Allowances And Reserves Deductions
ValuationAllowancesAndReservesDeductions
14548000 USD
CY2019 us-gaap Valuation Allowances And Reserves Adjustments
ValuationAllowancesAndReservesAdjustments
-30138000 USD
CY2019 gti Valuation Allowance Changesin Underlying Assets
ValuationAllowanceChangesinUnderlyingAssets
-24000 USD
CY2019Q4 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
13736000 USD
CY2020 us-gaap Valuation Allowances And Reserves Deductions
ValuationAllowancesAndReservesDeductions
980000 USD
CY2020 us-gaap Valuation Allowances And Reserves Adjustments
ValuationAllowancesAndReservesAdjustments
17000 USD
CY2020Q4 us-gaap Valuation Allowances And Reserves Balance
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12773000 USD
CY2020Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Foreign
DeferredTaxAssetsTaxCreditCarryforwardsForeign
17900000 USD
CY2020Q4 us-gaap Operating Loss Carryforwards
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255700000 USD
CY2020Q4 us-gaap Deferred Tax Assets Deferred Income
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15000000.0 USD
CY2020Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
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100000 USD
CY2020Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards Foreign
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9100000 USD
CY2020Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
100000 USD
CY2018Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
900000 USD
CY2019Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
0 USD
CY2019 gti Unrecognized Tax Benefits Increase Decrease Income Tax Penaltiesand Interest Accrued
UnrecognizedTaxBenefitsIncreaseDecreaseIncomeTaxPenaltiesandInterestAccrued
900000 USD
CY2018Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
1990000 USD
CY2020 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
1383000 USD
CY2019Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
184000 USD
CY2019 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
421000 USD
CY2019 us-gaap Unrecognized Tax Benefits Decreases Resulting From Foreign Currency Translation
UnrecognizedTaxBenefitsDecreasesResultingFromForeignCurrencyTranslation
2000 USD
CY2020 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
75000 USD
CY2020 us-gaap Unrecognized Tax Benefits Increases Resulting From Foreign Currency Translation
UnrecognizedTaxBenefitsIncreasesResultingFromForeignCurrencyTranslation
16000 USD
CY2020Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
125000 USD
CY2020Q4 us-gaap Decrease In Unrecognized Tax Benefits Is Reasonably Possible
DecreaseInUnrecognizedTaxBenefitsIsReasonablyPossible
100000 USD
CY2020Q4 us-gaap Undistributed Earnings Of Foreign Subsidiaries
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1200000000 USD
CY2020Q4 gti Undistributed Earningsof Foreign Subsidiaries Subjectedto One Time Transition Fee
UndistributedEarningsofForeignSubsidiariesSubjectedtoOneTimeTransitionFee
1000000000.0 USD
CY2018Q2 us-gaap Stock Issued During Period Shares Stock Splits
StockIssuedDuringPeriodSharesStockSplits
3022259.23 shares
CY2018Q2 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
160000000 USD
CY2018Q2 gti Default Event Threshold
DefaultEventThreshold
1.75
CY2018Q2 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
35000000 shares
CY2018Q2 us-gaap Sale Of Stock Price Per Share
SaleOfStockPricePerShare
15
CY2018Q2 us-gaap Sale Of Stock Percentage Of Ownership Before Transaction
SaleOfStockPercentageOfOwnershipBeforeTransaction
0.116
CY2018Q2 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
3097525 shares
CY2020Q4 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
-2725000 USD
CY2019Q4 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
-9293000 USD
CY2020Q4 gti Accumulated Other Comprehensive Income Loss Unrealized Gains On Securities Net Of Tax
AccumulatedOtherComprehensiveIncomeLossUnrealizedGainsOnSecuritiesNetOfTax
-16916000 USD
CY2019Q4 gti Accumulated Other Comprehensive Income Loss Unrealized Gains On Securities Net Of Tax
AccumulatedOtherComprehensiveIncomeLossUnrealizedGainsOnSecuritiesNetOfTax
1932000 USD
CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
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267916483 shares
CY2018Q2 us-gaap Sale Of Stock Price Per Share
SaleOfStockPricePerShare
15
CY2020Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-19641000 USD
CY2019Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-7361000 USD
CY2017Q4 us-gaap Shares Issued
SharesIssued
38097525 shares
CY2020 gti Offering Costs
OfferingCosts
5100000 USD
CY2018Q3 us-gaap Sale Of Stock Price Per Share
SaleOfStockPricePerShare
20.00
CY2019Q3 us-gaap Stock Repurchase Program Authorized Amount1
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100000000 USD
us-gaap Stock Repurchased During Period Shares
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4333259 shares
us-gaap Payments For Repurchase Of Common Stock
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41000000.0 USD
CY2019Q4 us-gaap Sale Of Stock Number Of Shares Issued In Transaction
SaleOfStockNumberOfSharesIssuedInTransaction
11175927 shares
CY2019Q4 us-gaap Sale Of Stock Price Per Share
SaleOfStockPricePerShare
13.125
CY2019Q4 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
250000000 USD
CY2019Q4 us-gaap Sale Of Stock Price Per Share
SaleOfStockPricePerShare
13.125
CY2019 gti Increase Decrease In Shares Outstanding
IncreaseDecreaseInSharesOutstanding
0.07
CY2019Q4 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.0645
CY2018Q2 us-gaap Dividends
Dividends
19500000 USD
CY2018Q2 gti Prorated Dividends
ProratedDividends
0.085
CY2018 gti Common Stock Dividends Per Share Declared Annualized
CommonStockDividendsPerShareDeclaredAnnualized
0.34
CY2019Q4 gti Special Dividend
SpecialDividend
0.70
CY2020Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.085
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.01
CY2019 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
289057356 shares
CY2018 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
297748327 shares
CY2020 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
14161 shares
CY2019 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
17245 shares
CY2018 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
5443 shares
CY2020 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
267930644 shares
CY2019 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
289074601 shares
CY2018 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
297753770 shares
CY2020Q4 gti Participating Securities
ParticipatingSecurities
73320 shares
CY2019Q4 gti Participating Securities
ParticipatingSecurities
32981 shares
CY2018Q4 gti Participating Securities
ParticipatingSecurities
5592 shares
CY2020 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1667325 shares
CY2019 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1082113 shares
CY2018 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
650432 shares

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