2020 Q4 Form 10-K Financial Statement

#000121390021010724 Filed on February 22, 2021

View on sec.gov

Income Statement

Concept 2020 Q4 2020 2019 Q4
Revenue $706.6M $2.483B $693.7M
YoY Change 1.86% -9.72% 6.83%
Cost Of Revenue $459.6M $1.577B $403.8M
YoY Change 13.82% 1.3% 2.15%
Gross Profit $247.0M $906.0M $290.0M
YoY Change -14.83% -24.1% 14.13%
Gross Profit Margin 34.95% 36.49% 41.8%
Selling, General & Admin $162.7M $221.6M $153.3M
YoY Change 6.13% 4.56% 3.23%
% of Gross Profit 65.87% 24.46% 52.86%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $33.50M $127.0M $29.40M
YoY Change 13.95% 13.67% 7.69%
% of Gross Profit 13.56% 14.02% 10.14%
Operating Expenses $196.2M $2.436B $182.7M
YoY Change 7.39% 7.08% 3.87%
Operating Profit $50.22M $46.62M $107.2M
YoY Change -53.16% -90.19% 50.66%
Interest Expense $5.100M $36.60M $2.200M
YoY Change 131.82% 1.01% -116.3%
% of Operating Profit 10.16% 78.51% 2.05%
Other Income/Expense, Net $100.0K -$38.45M $0.00
YoY Change -7.09%
Pretax Income $55.40M $8.171M $109.4M
YoY Change -49.36% -98.12% 89.93%
Income Tax -$14.90M $11.48M $28.60M
% Of Pretax Income -26.9% 140.44% 26.14%
Net Earnings $70.24M -$3.399M $106.4M
YoY Change -34.02% -100.98% 77.44%
Net Earnings / Revenue 9.94% -0.14% 15.34%
Basic Earnings Per Share $1.34 -$0.06 $1.96
Diluted Earnings Per Share $1.31 -$0.06 $1.91
COMMON SHARES
Basic Shares Outstanding 52.31M shares 52.66M shares 54.03M shares
Diluted Shares Outstanding 52.66M shares

Balance Sheet

Concept 2020 Q4 2020 2019 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.831B $1.831B $1.452B
YoY Change 26.15% 26.15% 37.68%
Cash & Equivalents $1.420B $1.420B $786.1M
Short-Term Investments
Other Short-Term Assets $1.417B $1.417B $1.265B
YoY Change 12.02% 12.02% 272.5%
Inventory
Prepaid Expenses
Receivables $117.5M $117.5M $201.9M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $3.366B $3.366B $2.919B
YoY Change 15.32% 15.32% 39.81%
LONG-TERM ASSETS
Property, Plant & Equipment $378.4M $540.5M $360.0M
YoY Change 5.13% -26.71% 23.34%
Goodwill $665.8M $743.8M
YoY Change -10.49% 5.63%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $232.6M $115.7M
YoY Change 100.93% -5.91%
Total Long-Term Assets $1.561B $1.561B $1.739B
YoY Change -10.25% -10.25% 40.97%
TOTAL ASSETS
Total Short-Term Assets $3.366B $3.366B $2.919B
Total Long-Term Assets $1.561B $1.561B $1.739B
Total Assets $4.927B $4.927B $4.658B
YoY Change 5.78% 5.78% 40.24%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $147.6M $718.8M $81.70M
YoY Change 80.66% 779.8% -84.55%
Accrued Expenses $289.0M $953.8M $246.7M
YoY Change 17.15% 154.96% 16.92%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $6.215M
YoY Change -100.0% -83.86%
Long-Term Debt Due $797.0K $7.200M $6.089M
YoY Change -86.91% -40.0% -83.98%
Total Short-Term Liabilities $1.855B $1.855B $1.634B
YoY Change 13.55% 13.55% 18.54%
LONG-TERM LIABILITIES
Long-Term Debt $1.438B $1.444B $1.091B
YoY Change 31.78% 32.35% 84.97%
Other Long-Term Liabilities $43.40M $143.7M $55.36M
YoY Change -21.6% -51.66% -12.11%
Total Long-Term Liabilities $1.481B $1.588B $1.146B
YoY Change 29.2% 14.36% 75.6%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.855B $1.855B $1.634B
Total Long-Term Liabilities $1.481B $1.588B $1.146B
Total Liabilities $3.481B $3.481B $3.078B
YoY Change 13.07% 13.08% 47.41%
SHAREHOLDERS EQUITY
Retained Earnings $1.013B $1.017B
YoY Change -0.33% 51.77%
Common Stock $1.230B $1.191B
YoY Change 3.22% 7.77%
Preferred Stock
YoY Change
Treasury Stock (at cost) $703.0M $463.7M
YoY Change 51.61% 18.43%
Treasury Stock Shares 10.63M shares 8.555M shares
Shareholders Equity $1.446B $1.446B $1.579B
YoY Change
Total Liabilities & Shareholders Equity $4.927B $4.927B $4.658B
YoY Change 5.78% 5.78% 40.24%

Cashflow Statement

Concept 2020 Q4 2020 2019 Q4
OPERATING ACTIVITIES
Net Income $70.24M -$3.399M $106.4M
YoY Change -34.02% -100.98% 77.44%
Depreciation, Depletion And Amortization $33.50M $127.0M $29.40M
YoY Change 13.95% 13.67% 7.69%
Cash From Operating Activities $33.10M $253.5M $140.1M
YoY Change -76.37% -49.75% -31.52%
INVESTING ACTIVITIES
Capital Expenditures -$28.00M $97.63M -$30.90M
YoY Change -9.39% -25.64% -6.65%
Acquisitions $1.100M
YoY Change -98.83%
Other Investing Activities -$400.0K -$967.0K -$93.80M
YoY Change -99.57% -74.01% -47000.0%
Cash From Investing Activities -$28.40M -$105.5M -$124.6M
YoY Change -77.21% -53.92% 278.72%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $241.5M
YoY Change 224.38%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 279.5M $35.40M -45.30M
YoY Change -717.0% -91.5% -81.52%
NET CHANGE
Cash From Operating Activities 33.10M $253.5M 140.1M
Cash From Investing Activities -28.40M -$105.5M -124.6M
Cash From Financing Activities 279.5M $35.40M -45.30M
Net Change In Cash 284.2M $282.1M -29.80M
YoY Change -1053.69% -58.9% -59.4%
FREE CASH FLOW
Cash From Operating Activities $33.10M $253.5M $140.1M
Capital Expenditures -$28.00M $97.63M -$30.90M
Free Cash Flow $61.10M $155.9M $171.0M
YoY Change -64.27% -58.23% -28.06%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
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(i) As of the end of each fiscal quarter ended on March 31, September 30 and December 31, a Consolidated Total Leverage Ratio not to be greater than 3.5 to1.0; (ii) as of the end of each fiscal quarter ended on June 30, a Consolidated Total Leverage Ratio not to be greater than 4.0 to1.0; provided that, not more than two times prior to the expiration date, that a Material Acquisition has been consummated, for any period of four consecutive fiscal quarters following such Material Acquisition, the Consolidated Total Leverage Ratio will be not greater than 4.0 to1.0 for fiscal quarters ended on March 31, September 30 and December 31 and not greater than 4.5 to1.0 for fiscal quarters ended on June 30; provided, further, that following such four consecutive fiscal quarters for which the maximum Consolidated Total Leverage Ratio is increased, the maximum Consolidated Total Leverage Ratio shall revert to the levels set forth in clauses (i) and (ii) above for not fewer than two fiscal quarters before a subsequent Increase Notice is delivered to the syndicate of financial institutions; and (iii) a Consolidated Interest Coverage Ratio not less than 4.0 to 1.0. Subject to meeting certain leverage ratio and liquidity requirements as contained in the unsecured credit agreement, the Company is permitted to pay dividends, repurchase common stock and repurchase subordinated debt.
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CY2020 dei Local Phone Number
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CY2020 dei Entity Small Business
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CY2020 dei Entity Voluntary Filers
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CY2020 dei Entity Registrant Name
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CY2020 eeft Operating Loss Carryforwards Description
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The Company's state tax net operating loss carryforwards of $95.8 million will expire periodically from 2021 through 2040, U.S. foreign tax credit carryforwards of $61.3 million that will expire periodically from 2021 through 2027 and U.S. federal research and expenditure credit carryforwards of $3.3 million that will expire periodically from 2034 through 2038.
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(i) On or after September 20, 2022 if the closing sale price of the Company's Common Stock has been at least 130% of the conversion price then in effect for at least 20 trading days (whether or not consecutive) during any 30 consecutive trading day period (including the last trading day of such period) ending on, and including, the trading day immediately preceding the date on which the Company provides notice of redemption and (ii) on or after March 20, 2025 and prior to the maturity date, regardless of the foregoing sale price condition, in each case at a redemption price equal to 100% of the principal amount of the Convertible Notes to be redeemed, plus accrued and unpaid interest to, but excluding, the redemption date. No sinking fund is provided for the Convertible Notes. In addition, if a fundamental change, as defined in the Indenture, occurs prior to the maturity date, holders may require the Company to repurchase for cash all or part of their Convertible Notes at a repurchase price equal to 100% of the principal amount of the Convertible Notes to be repurchased, plus accrued and unpaid interest to, but excluding, the fundamental change repurchase date.
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<div style="font-size: 10pt; line-height: 120%; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><a class="customBookmark" href="#TOC" id="BBOP_9VQREBVQKW00000000000000000000" style="text-decoration: none; color: #000000; cursor: default; outline: none; pointer-events: none;"><span style="font-weight: bold;">(2) </span><span style="font-weight: bold;">Basis of Preparation</span></a></span></div> <p style="font-size: 10pt; line-height: 120%; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><br/></span></p> <p style="font-size: 10pt; line-height: 120%; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The Consolidated Financial Statements have been prepared in conformity with accounting principles generally accepted in the United States ("U.S. GAAP") and pursuant to the rules and regulations of the Securities and Exchange Commission ("SEC"). The Consolidated Financial Statements include the accounts of Euronet and its wholly owned and majority owned subsidiaries and all significant intercompany balances and transactions have been eliminated. Euronet's investments in companies that it does not control, but has the ability to significantly influence, are accounted for under the equity method. Euronet has no variable interest entities. Results from operations related to entities acquired during the periods covered by the Consolidated Financial Statements are reflected from the effective date of acquisition. </span></p> <p style="font-size: 10pt; line-height: 120%; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><br/></span></p> <p style="font-size: 10pt; line-height: 120%; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The preparation of the Consolidated Financial Statements in conformity with U.S. GAAP requires that management make a number of estimates and assumptions relating to the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities and the reported amounts of revenues and expenses. Significant items subject to such estimates and assumptions include computing income taxes, contingent purchase price consideration, estimating the useful lives and potential impairment of long-lived assets and goodwill, as well as allocating the purchase price to assets acquired and liabilities assumed in acquisitions and revenue recognition. Actual results could differ from those estimates. </span></p> <p style="font-size: 10pt; line-height: 120%; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold;"><br/></span></p> <p style="font-size: 10pt; line-height: 120%; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic; font-weight: bold;">Seasonality</span><span style="font-weight: bold;"> </span><br/></span></p> <p style="font-size: 10pt; line-height: 120%; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"><br/></span></p> <p style="font-size: 10pt; line-height: 120%; margin: 0pt; text-align: justify;"><span style="color: #000000; font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: left; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">Euronet’s EFT Processing Segment normally experiences its heaviest demand for DCC services during the third quarter of the fiscal year, normally coinciding with the tourism season. Additionally, the EFT Processing and epay Segments are normally impacted by seasonality during the fourth quarter and first quarter of each year due to higher transaction levels during the holiday season and lower levels following the holiday season. Seasonality in the Money Transfer Segment varies by region of the world. In most markets, Euronet usually experiences increased demand for money transfer services from the month of May through the fourth quarter of each year, coinciding with the increase in worker migration patterns and various holidays, and its lowest transaction levels during the first quarter of the year.</span></p>
CY2020Q4 us-gaap Deferred Costs Current And Noncurrent
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CY2020 us-gaap Derivatives Methods Of Accounting Hedging Derivatives
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<div style="border-left: none; border-right: none;"> <p style="font-size: 10pt; line-height: 120%; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold;">Accounting for derivative instruments and hedging activities</span></p> <p style="font-size: 10pt; line-height: 120%; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold;"><br/></span></p> <p style="font-size: 10pt; line-height: 120%; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span>The Company accounts for derivative instruments and hedging activities in accordance with ASC Topic 815,</span> <span style="font-style: italic;">Derivatives and Hedging</span><span style="font-style: italic;"> </span><span>("ASC 815"), which requires that all derivative instruments be recognized as either assets or liabilities on the balance sheet at fair value. Primarily in the Money Transfer Segment, the Company enters into foreign currency derivative contracts, mainly</span><span> forward contracts, to offset foreign currency exposure related to money transfer settlement assets and liabilities in currencies other than the U.S. dollar, derivative contracts written to its customers arising from its cross-currency money transfer services and certain assets and liability positions denominated in currencies other than the U.S. dollar. These contracts are considered derivative instruments under the provisions of ASC 815; however, the Company does not designate such instruments as hedges for accounting purposes. Accordingly, changes in the value of these contracts are recognized immediately as a component of foreign currency exchange gain (loss), net in the Consolidated Statements of Income.</span> </span></p> </div> <div style="/* border-left: 3px solid #5355bc;"> <p style="margin: 0in 0in 0.0001pt; text-align: justify; line-height: 12pt; font-size: 12pt; font-family: 'Times New Roman', serif;"><span style="font-size: 10pt; color: #000000;">Cash flows resulting from derivative instruments are included in operating activities in the Company's Consolidated Statements of Cash Flows. The Company enters into derivative instruments with highly credit-worthy financial institutions and does not use derivative instruments for trading or speculative purposes. See Note 12, Derivative Instruments and Hedging Activities, to the Consolidated Financial Statements for further discussion of derivative instruments.</span></p> </div>
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CY2020Q4 us-gaap Derivative Collateral Right To Reclaim Cash
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173000 USD
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25182000 USD
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8171000 USD
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433807000 USD
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294916000 USD
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0.21 pure
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1716000 USD
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12281000 USD
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9843000 USD
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-6491000 USD
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3565000 USD
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3737000 USD
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12854000 USD
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16379000 USD
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24763000 USD
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2144000 USD
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3075000 USD
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22053000 USD
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83000 USD
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CY2019 eeft Effectiveincometaxratereconciliationglobalintangiblelowtaxedincome
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6471000 USD
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14111000 USD
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CY2020 us-gaap Income Tax Reconciliation Tax Credits
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4500000 USD
CY2018 us-gaap Income Tax Reconciliation Tax Credits
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-2980000 USD
CY2020 us-gaap Income Tax Expense Benefit
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1.404 pure
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0.201 pure
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0.213 pure
eeft Provisional Income Tax Expense Net
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12300000 USD
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25700000 USD
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6771000 USD
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22243000 USD
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19048000 USD
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7614000 USD
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7689000 USD
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5591000 USD
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Deferredtaxassetsaccruedrevenue
34663000 USD
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Deferredtaxassetsaccruedrevenue
24721000 USD
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89965000 USD
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19160000 USD
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3394000 USD
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10396000 USD
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8733000 USD
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27902000 USD
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6352000 USD
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6048000 USD
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1829000 USD
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Deferredtaxliabilitiesaccruedrevenue
4727000 USD
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10880000 USD
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CY2020Q4 us-gaap Deferred Income Tax Liabilities
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CY2019Q4 us-gaap Deferred Income Tax Liabilities
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1710100000 USD
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CY2019 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
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252000 USD
CY2020Q4 us-gaap Unrecognized Tax Benefits
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CY2019Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
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42700000 USD
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5200000 USD
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CY2020 us-gaap Valuation Allowances And Reserves Adjustments
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CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
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CY2019Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
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CY2018Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
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CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
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21400000 USD
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16800000 USD
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2100000 USD
CY2019 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
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4900000 USD
CY2018 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
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2700000 USD
CY2020 us-gaap Proceeds From Stock Options Exercised
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15800000 USD
CY2019 us-gaap Proceeds From Stock Options Exercised
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13100000 USD
CY2018 us-gaap Proceeds From Stock Options Exercised
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17100000 USD
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
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41100000 USD
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
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30600000 USD
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
73000000.0 USD
CY2020 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageRemainingContractualTerm2
P2Y9M18D
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExercisePrice
26.90
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.370 pure
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0033 pure
CY2020 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P5Y
CY2020 us-gaap Revenues
Revenues
2482700000 USD
CY2020 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
1576699000 USD
CY2020 us-gaap Labor And Related Expense
LaborAndRelatedExpense
404142000 USD
CY2020 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
221614000 USD
CY2020 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
106602000 USD
CY2020 us-gaap Depreciation And Amortization
DepreciationAndAmortization
127021000 USD
CY2020 us-gaap Costs And Expenses
CostsAndExpenses
2436078000 USD
CY2020 us-gaap Operating Income Loss
OperatingIncomeLoss
46622000 USD
CY2020 us-gaap Investment Income Interest
InvestmentIncomeInterest
1040000 USD
CY2020 us-gaap Interest Expense
InterestExpense
36604000 USD
CY2020 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-3756000 USD
CY2020 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-38451000 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
8171000 USD
CY2019 us-gaap Revenues
Revenues
2750109000 USD
CY2019 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
1556483000 USD
CY2019 us-gaap Labor And Related Expense
LaborAndRelatedExpense
394744000 USD
CY2019 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
211944000 USD
CY2019 us-gaap Depreciation And Amortization
DepreciationAndAmortization
111744000 USD
CY2019 us-gaap Costs And Expenses
CostsAndExpenses
2274915000 USD
CY2019 us-gaap Operating Income Loss
OperatingIncomeLoss
475194000 USD
CY2019 us-gaap Investment Income Interest
InvestmentIncomeInterest
1969000 USD
CY2019 us-gaap Interest Expense
InterestExpense
36237000 USD
CY2019 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
2701000 USD
CY2019 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-9820000 USD
CY2019 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-41387000 USD
CY2019Q4 us-gaap Assets
Assets
4657666000 USD
CY2018 us-gaap Revenues
Revenues
2536629000 USD
CY2018 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
1488406000 USD
CY2018 us-gaap Labor And Related Expense
LaborAndRelatedExpense
360432000 USD
CY2018 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
216807000 USD
CY2018 us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
7049000 USD
CY2018 us-gaap Depreciation And Amortization
DepreciationAndAmortization
106021000 USD
CY2018 us-gaap Costs And Expenses
CostsAndExpenses
2178715000 USD
CY2018 us-gaap Investment Income Interest
InvestmentIncomeInterest
1320000 USD
CY2018 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-117000 USD
CY2018 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
27000 USD
CY2018 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-62998000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
294916000 USD
CY2018Q4 us-gaap Assets
Assets
3321155000 USD
CY2020 us-gaap Revenues
Revenues
2482700000 USD
CY2019 us-gaap Revenues
Revenues
2750109000 USD
CY2018 us-gaap Revenues
Revenues
2536629000 USD
CY2020Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
378441000 USD
CY2019Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
359980000 USD
CY2020Q4 us-gaap Assets
Assets
4926711000 USD
CY2019Q4 us-gaap Assets
Assets
4657666000 USD
CY2020Q4 us-gaap Convertible Debt Fair Value Disclosures
ConvertibleDebtFairValueDisclosures
667400000 USD
CY2019Q4 us-gaap Convertible Debt Fair Value Disclosures
ConvertibleDebtFairValueDisclosures
728700000 USD
CY2020Q4 us-gaap Convertible Debt
ConvertibleDebt
452200000 USD
CY2019Q4 us-gaap Convertible Debt
ConvertibleDebt
732800000 USD
CY2020Q4 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
86900000 USD
CY2020 us-gaap Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
100000 USD
CY2019 us-gaap Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
300000 USD
CY2018 us-gaap Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
300000 USD
CY2019Q1 us-gaap Revenues
Revenues
577509000 USD
CY2019Q2 us-gaap Revenues
Revenues
691867000 USD
CY2019Q3 us-gaap Revenues
Revenues
786986000 USD
CY2019Q4 us-gaap Revenues
Revenues
693747000 USD
CY2019Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
56094000 USD
CY2019Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
117897000 USD
CY2019Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
193990000 USD
CY2019Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
107213000 USD
CY2019Q3 us-gaap Profit Loss
ProfitLoss
137541000 USD
CY2019Q1 us-gaap Net Income Loss
NetIncomeLoss
34543000 USD
CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
68153000 USD
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
137607000 USD
CY2019Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.67
CY2019Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.28
CY2019Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.53
CY2019Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.96
CY2019Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.62
CY2019Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.25
CY2019Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.46
CY2019Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.91
CY2020Q1 us-gaap Revenues
Revenues
583907000 USD
CY2020Q2 us-gaap Revenues
Revenues
527803000 USD
CY2020Q3 us-gaap Revenues
Revenues
664351000 USD
CY2020Q4 us-gaap Revenues
Revenues
706639000 USD
CY2020Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
31602000 USD
CY2020Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-101271000 USD
CY2020Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
66072000 USD
CY2020Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
50219000 USD
CY2020Q1 us-gaap Profit Loss
ProfitLoss
1720000 USD
CY2020Q2 us-gaap Profit Loss
ProfitLoss
-115733000 USD
CY2020Q3 us-gaap Profit Loss
ProfitLoss
40315000 USD
CY2020Q4 us-gaap Profit Loss
ProfitLoss
70394000 USD
CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
-115804000 USD
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
40249000 USD
CY2020Q4 us-gaap Net Income Loss
NetIncomeLoss
70235000 USD
CY2020Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.04
CY2020Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-2.22
CY2020Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.77
CY2020Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.34
CY2020Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.04
CY2020Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-2.22
CY2020Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.31

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