2018 Q2 Form 10-Q Financial Statement

#000106915718000122 Filed on August 07, 2018

View on sec.gov

Income Statement

Concept 2018 Q2 2017 Q2
Revenue $400.3M $322.8M
YoY Change 24.02% 15.75%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $32.40M $46.10M
YoY Change -29.72% 73.31%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense $58.63M $32.68M
YoY Change 79.39% 29.28%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $197.0M $157.7M
YoY Change 24.93% 10.33%
Income Tax $24.64M $39.36M
% Of Pretax Income 12.51% 24.96%
Net Earnings $172.3M $118.3M
YoY Change 45.65% 14.57%
Net Earnings / Revenue 43.05% 36.66%
Basic Earnings Per Share $1.19 $0.82
Diluted Earnings Per Share $1.18 $0.81
COMMON SHARES
Basic Shares Outstanding 144.9M shares 144.5M shares
Diluted Shares Outstanding 146.1M shares 145.7M shares

Balance Sheet

Concept 2018 Q2 2017 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $5.729B
YoY Change 15.22%
Cash & Equivalents $2.297B $2.752B
Short-Term Investments $2.977B
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $122.1M $128.3M
YoY Change -4.84% -21.5%
Goodwill $465.5M $469.4M
YoY Change -0.82% -0.01%
Intangibles
YoY Change
Long-Term Investments $153.0M $169.0M
YoY Change -9.47% -6.11%
Other Assets $0.00 $122.0M
YoY Change -100.0% -0.81%
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $38.04B $35.92B
YoY Change 5.92% 9.0%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $473.0M $436.0M
YoY Change 8.49% -16.63%
Deferred Revenue
YoY Change
Short-Term Debt $58.52M $24.43M
YoY Change 139.59% -17.2%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $473.0M $436.0M
YoY Change 8.49% -16.63%
LONG-TERM LIABILITIES
Long-Term Debt $162.0M $176.0M
YoY Change -7.95% -10.2%
Other Long-Term Liabilities $115.0M $83.00M
YoY Change 38.55% -50.89%
Total Long-Term Liabilities $277.0M $259.0M
YoY Change 6.95% -29.04%
TOTAL LIABILITIES
Total Short-Term Liabilities $473.0M $436.0M
Total Long-Term Liabilities $277.0M $259.0M
Total Liabilities $33.96B $32.25B
YoY Change 5.31% 8.74%
SHAREHOLDERS EQUITY
Retained Earnings $2.883B $2.417B
YoY Change 19.27% 19.37%
Common Stock $166.0K $165.0K
YoY Change 0.61% 0.61%
Preferred Stock
YoY Change
Treasury Stock (at cost) $452.3M $451.6M
YoY Change 0.15% 2.82%
Treasury Stock Shares 20.67M shares 20.66M shares
Shareholders Equity $4.114B $3.670B
YoY Change
Total Liabilities & Shareholders Equity $38.07B $35.92B
YoY Change 6.0% 9.0%

Cashflow Statement

Concept 2018 Q2 2017 Q2
OPERATING ACTIVITIES
Net Income $172.3M $118.3M
YoY Change 45.65% 14.57%
Depreciation, Depletion And Amortization $32.40M $46.10M
YoY Change -29.72% 73.31%
Cash From Operating Activities $217.0M $196.7M
YoY Change 10.32% 124.29%
INVESTING ACTIVITIES
Capital Expenditures -$5.800M -$3.800M
YoY Change 52.63% -41.54%
Acquisitions
YoY Change
Other Investing Activities -$429.4M -$429.3M
YoY Change 0.02% 14.88%
Cash From Investing Activities -$435.3M -$433.0M
YoY Change 0.53% 13.89%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 228.2M 548.1M
YoY Change -58.37% -245.73%
NET CHANGE
Cash From Operating Activities 217.0M 196.7M
Cash From Investing Activities -435.3M -433.0M
Cash From Financing Activities 228.2M 548.1M
Net Change In Cash 9.900M 311.8M
YoY Change -96.82% -146.63%
FREE CASH FLOW
Cash From Operating Activities $217.0M $196.7M
Capital Expenditures -$5.800M -$3.800M
Free Cash Flow $222.8M $200.5M
YoY Change 11.12% 112.85%

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210000 USD
us-gaap Availableforsale Securities Gross Realized Gain Loss Excluding Other Than Temporary Impairments
AvailableforsaleSecuritiesGrossRealizedGainLossExcludingOtherThanTemporaryImpairments
2339000 USD
CY2017Q4 us-gaap Availableforsale Securities In Unrealized Loss Positions Qualitative Disclosure Number Of Positions1
AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions1
165 security
CY2018Q2 us-gaap Availableforsale Securities In Unrealized Loss Positions Qualitative Disclosure Number Of Positions1
AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions1
193 security
CY2016Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1878503000 USD
CY2017Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
2752476000 USD
CY2017Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
2174592000 USD
CY2018Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
2297471000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
873973000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
122879000 USD
CY2017Q4 us-gaap Cash And Due From Banks
CashAndDueFromBanks
457181000 USD
CY2018Q2 us-gaap Cash And Due From Banks
CashAndDueFromBanks
415653000 USD
CY2017Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2018Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2017Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.20
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.40
CY2018Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.20
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.40
CY2017Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2018Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2017Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
200000000 shares
CY2018Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
200000000 shares
CY2017Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
165214770 shares
CY2018Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
165576339 shares
CY2017Q4 us-gaap Common Stock Value
CommonStockValue
165000 USD
CY2018Q2 us-gaap Common Stock Value
CommonStockValue
166000 USD
CY2017Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
127667000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
302031000 USD
CY2018Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
156686000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
331704000 USD
CY2017Q4 us-gaap Cumulative Effect Of New Accounting Principle In Period Of Adoption
CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption
-160000 USD
CY2017Q4 us-gaap Debt Weighted Average Interest Rate
DebtWeightedAverageInterestRate
0.0365
CY2018Q2 us-gaap Debt Weighted Average Interest Rate
DebtWeightedAverageInterestRate
0.0460
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
3699000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
1320000 USD
CY2017Q4 us-gaap Deposits
Deposits
31615063000 USD
CY2018Q2 us-gaap Deposits
Deposits
32776132000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
79166000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
62329000 USD
CY2017Q4 us-gaap Derivative Asset Fair Value Gross Asset Including Not Subject To Master Netting Arrangement
DerivativeAssetFairValueGrossAssetIncludingNotSubjectToMasterNettingArrangement
66146000 USD
CY2018Q2 us-gaap Derivative Asset Fair Value Gross Asset Including Not Subject To Master Netting Arrangement
DerivativeAssetFairValueGrossAssetIncludingNotSubjectToMasterNettingArrangement
81456000 USD
CY2017Q4 us-gaap Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
0 USD
CY2018Q2 us-gaap Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
0 USD
CY2017Q4 us-gaap Derivative Asset Fair Value Offset Against Collateral Net Of Not Subject To Master Netting Arrangement Policy Election
DerivativeAssetFairValueOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection
411000 USD
CY2018Q2 us-gaap Derivative Asset Fair Value Offset Against Collateral Net Of Not Subject To Master Netting Arrangement Policy Election
DerivativeAssetFairValueOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection
2028000 USD
CY2017Q4 us-gaap Derivative Asset Not Offset Policy Election Deduction
DerivativeAssetNotOffsetPolicyElectionDeduction
18955000 USD
CY2018Q2 us-gaap Derivative Asset Not Offset Policy Election Deduction
DerivativeAssetNotOffsetPolicyElectionDeduction
18672000 USD
CY2017Q4 us-gaap Derivative Asset Not Subject To Master Netting Arrangement
DerivativeAssetNotSubjectToMasterNettingArrangement
36941000 USD
CY2018Q2 us-gaap Derivative Asset Not Subject To Master Netting Arrangement
DerivativeAssetNotSubjectToMasterNettingArrangement
27141000 USD
CY2017Q4 us-gaap Derivative Collateral Obligation To Return Cash
DerivativeCollateralObligationToReturnCash
8600000 USD
CY2018Q2 us-gaap Derivative Collateral Obligation To Return Cash
DerivativeCollateralObligationToReturnCash
10100000 USD
CY2017Q4 us-gaap Derivative Collateral Right To Reclaim Cash
DerivativeCollateralRightToReclaimCash
10700000 USD
CY2018Q2 us-gaap Derivative Collateral Right To Reclaim Cash
DerivativeCollateralRightToReclaimCash
4100000 USD
CY2017Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
29205000 USD
CY2018Q2 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
54315000 USD
CY2017Q4 us-gaap Derivative Fair Value Of Derivative Asset Amount Not Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountNotOffsetAgainstCollateral
29205000 USD
CY2018Q2 us-gaap Derivative Fair Value Of Derivative Asset Amount Not Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountNotOffsetAgainstCollateral
54315000 USD
CY2017Q4 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
48203000 USD
CY2018Q2 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
31577000 USD
CY2017Q4 us-gaap Derivative Fair Value Of Derivative Liability Amount Not Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountNotOffsetAgainstCollateral
48203000 USD
CY2018Q2 us-gaap Derivative Fair Value Of Derivative Liability Amount Not Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountNotOffsetAgainstCollateral
31577000 USD
CY2017Q4 us-gaap Derivative Liability Fair Value Gross Asset
DerivativeLiabilityFairValueGrossAsset
0 USD
CY2018Q2 us-gaap Derivative Liability Fair Value Gross Asset
DerivativeLiabilityFairValueGrossAsset
0 USD
CY2017Q4 us-gaap Derivative Liability Fair Value Gross Liability Including Not Subject To Master Netting Arrangement
DerivativeLiabilityFairValueGrossLiabilityIncludingNotSubjectToMasterNettingArrangement
74935000 USD
CY2018Q2 us-gaap Derivative Liability Fair Value Gross Liability Including Not Subject To Master Netting Arrangement
DerivativeLiabilityFairValueGrossLiabilityIncludingNotSubjectToMasterNettingArrangement
114542000 USD
CY2017Q4 us-gaap Derivative Liability Fair Value Offset Against Collateral Net Of Not Subject To Master Netting Arrangement Policy Election
DerivativeLiabilityFairValueOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection
452000 USD
CY2018Q2 us-gaap Derivative Liability Fair Value Offset Against Collateral Net Of Not Subject To Master Netting Arrangement Policy Election
DerivativeLiabilityFairValueOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection
16000 USD
CY2017Q4 us-gaap Derivative Liability Not Offset Policy Election Deduction
DerivativeLiabilityNotOffsetPolicyElectionDeduction
18955000 USD
CY2018Q2 us-gaap Derivative Liability Not Offset Policy Election Deduction
DerivativeLiabilityNotOffsetPolicyElectionDeduction
18672000 USD
CY2017Q4 us-gaap Derivative Liability Not Subject To Master Netting Arrangement
DerivativeLiabilityNotSubjectToMasterNettingArrangement
26732000 USD
CY2018Q2 us-gaap Derivative Liability Not Subject To Master Netting Arrangement
DerivativeLiabilityNotSubjectToMasterNettingArrangement
82965000 USD
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
58375000 USD
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
58593000 USD
CY2017Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.82
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.00
CY2018Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.19
us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
4463000 USD
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.48
CY2017Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.81
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.98
CY2018Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.18
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.46
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
8865000 USD
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-9040000 USD
CY2017Q2 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
49000 USD
CY2018Q2 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
97000 USD
us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
4875000 USD
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
1185000 USD
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
1814000 USD
CY2017Q2 us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
5779000 USD
us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
11708000 USD
CY2018Q2 us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
5832000 USD
us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
12105000 USD
CY2017Q4 us-gaap Federal Home Loan Bank Stock
FederalHomeLoanBankStock
17250000 USD
CY2018Q2 us-gaap Federal Home Loan Bank Stock
FederalHomeLoanBankStock
17250000 USD
CY2017Q4 us-gaap Federal Home Loan Bank Stock And Federal Reserve Bank Stock
FederalHomeLoanBankStockAndFederalReserveBankStock
73521000 USD
CY2018Q2 us-gaap Federal Home Loan Bank Stock And Federal Reserve Bank Stock
FederalHomeLoanBankStockAndFederalReserveBankStock
73524000 USD
CY2017Q4 us-gaap Federal Reserve Bank Stock
FederalReserveBankStock
56271000 USD
CY2018Q2 us-gaap Federal Reserve Bank Stock
FederalReserveBankStock
56274000 USD
CY2017Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
287128000 USD
CY2018Q2 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
301550000 USD
CY2017Q2 us-gaap Financing Receivable Significant Purchases
FinancingReceivableSignificantPurchases
221454000 USD
us-gaap Financing Receivable Significant Purchases
FinancingReceivableSignificantPurchases
368696000 USD
CY2018Q2 us-gaap Financing Receivable Significant Purchases
FinancingReceivableSignificantPurchases
309776000 USD
us-gaap Financing Receivable Significant Purchases
FinancingReceivableSignificantPurchases
389822000 USD
CY2017Q2 us-gaap Financing Receivable Significant Sales
FinancingReceivableSignificantSales
88760000 USD
us-gaap Financing Receivable Significant Sales
FinancingReceivableSignificantSales
364705000 USD
CY2018Q2 us-gaap Financing Receivable Significant Sales
FinancingReceivableSignificantSales
178916000 USD
us-gaap Financing Receivable Significant Sales
FinancingReceivableSignificantSales
293203000 USD
CY2017Q2 us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
0 USD
us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
0 USD
CY2018Q2 us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
0 USD
us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
31470000 USD
CY2017Q2 us-gaap Gain Loss On Sale Of Loans And Leases
GainLossOnSaleOfLoansAndLeases
1600000 USD
us-gaap Gain Loss On Sale Of Loans And Leases
GainLossOnSaleOfLoansAndLeases
4400000 USD
CY2018Q2 us-gaap Gain Loss On Sale Of Loans And Leases
GainLossOnSaleOfLoansAndLeases
2300000 USD
us-gaap Gain Loss On Sale Of Loans And Leases
GainLossOnSaleOfLoansAndLeases
3900000 USD
CY2017Q2 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
1042000 USD
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
73049000 USD
CY2018Q2 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
1114000 USD
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
2200000 USD
CY2017Q2 us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
1546000 USD
us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
4300000 USD
CY2018Q2 us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
2354000 USD
us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
3936000 USD
CY2017Q4 us-gaap Goodwill
Goodwill
469433000 USD
CY2017Q4 us-gaap Goodwill
Goodwill
469400000 USD
CY2018Q2 us-gaap Goodwill
Goodwill
465500000 USD
CY2018Q2 us-gaap Goodwill
Goodwill
465547000 USD
CY2017Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
0 USD
CY2017Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
157685000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
385689000 USD
CY2018Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
196992000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
408776000 USD
CY2017Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
39355000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
97623000 USD
CY2018Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
24643000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
49395000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
14799000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
67431000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-14986000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
44016000 USD
us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
1245282000 USD
us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
1195796000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-94438000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
32226000 USD
CY2017Q2 us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
3058000 USD
us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
6005000 USD
CY2018Q2 us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
3327000 USD
us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
6728000 USD
CY2017Q2 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
322775000 USD
us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
625444000 USD
CY2018Q2 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
400311000 USD
us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
772184000 USD
CY2017Q2 us-gaap Interest And Dividend Income Securities
InterestAndDividendIncomeSecurities
13861000 USD
us-gaap Interest And Dividend Income Securities
InterestAndDividendIncomeSecurities
29108000 USD
CY2018Q2 us-gaap Interest And Dividend Income Securities
InterestAndDividendIncomeSecurities
15059000 USD
us-gaap Interest And Dividend Income Securities
InterestAndDividendIncomeSecurities
30515000 USD
CY2017Q2 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
293039000 USD
us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
565100000 USD
CY2018Q2 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
365555000 USD
us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
703459000 USD
CY2017Q4 us-gaap Interest Bearing Deposit Liabilities
InterestBearingDepositLiabilities
20727757000 USD
CY2018Q2 us-gaap Interest Bearing Deposit Liabilities
InterestBearingDepositLiabilities
22036799000 USD
CY2017Q4 us-gaap Interest Bearing Deposits In Banks
InterestBearingDepositsInBanks
1717411000 USD
CY2018Q2 us-gaap Interest Bearing Deposits In Banks
InterestBearingDepositsInBanks
1881818000 USD
CY2017Q2 us-gaap Interest Expense
InterestExpense
32684000 USD
us-gaap Interest Expense
InterestExpense
63231000 USD
us-gaap Interest Expense Other Long Term Debt
InterestExpenseOtherLongTermDebt
2642000 USD
CY2018Q2 us-gaap Interest Expense Other Long Term Debt
InterestExpenseOtherLongTermDebt
1649000 USD
CY2018Q2 us-gaap Interest Expense
InterestExpense
58632000 USD
us-gaap Interest Expense
InterestExpense
103812000 USD
CY2017Q2 us-gaap Interest Expense Deposits
InterestExpenseDeposits
27045000 USD
us-gaap Interest Expense Deposits
InterestExpenseDeposits
50717000 USD
CY2018Q2 us-gaap Interest Expense Deposits
InterestExpenseDeposits
51265000 USD
us-gaap Interest Expense Deposits
InterestExpenseDeposits
90401000 USD
CY2017Q2 us-gaap Interest Expense Federal Home Loan Bank And Federal Reserve Bank Advances Long Term
InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesLongTerm
1761000 USD
us-gaap Interest Expense Federal Home Loan Bank And Federal Reserve Bank Advances Long Term
InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesLongTerm
3791000 USD
CY2018Q2 us-gaap Interest Expense Federal Home Loan Bank And Federal Reserve Bank Advances Long Term
InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesLongTerm
2552000 USD
us-gaap Interest Expense Federal Home Loan Bank And Federal Reserve Bank Advances Long Term
InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesLongTerm
4812000 USD
CY2017Q2 us-gaap Interest Expense Other Long Term Debt
InterestExpenseOtherLongTermDebt
1353000 USD
us-gaap Interest Expense Other Long Term Debt
InterestExpenseOtherLongTermDebt
3120000 USD
CY2017Q2 us-gaap Interest Expense Securities Sold Under Agreements To Repurchase
InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase
2273000 USD
us-gaap Interest Expense Securities Sold Under Agreements To Repurchase
InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase
5416000 USD
CY2018Q2 us-gaap Interest Expense Securities Sold Under Agreements To Repurchase
InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase
3042000 USD
us-gaap Interest Expense Securities Sold Under Agreements To Repurchase
InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase
5348000 USD
CY2017Q2 us-gaap Interest Expense Short Term Borrowings
InterestExpenseShortTermBorrowings
252000 USD
us-gaap Interest Expense Short Term Borrowings
InterestExpenseShortTermBorrowings
665000 USD
CY2018Q2 us-gaap Interest Expense Short Term Borrowings
InterestExpenseShortTermBorrowings
124000 USD
us-gaap Interest Expense Short Term Borrowings
InterestExpenseShortTermBorrowings
131000 USD
CY2017Q2 us-gaap Interest Income Deposits With Financial Institutions
InterestIncomeDepositsWithFinancialInstitutions
7552000 USD
us-gaap Interest Income Deposits With Financial Institutions
InterestIncomeDepositsWithFinancialInstitutions
12668000 USD
CY2018Q2 us-gaap Interest Income Deposits With Financial Institutions
InterestIncomeDepositsWithFinancialInstitutions
11715000 USD
us-gaap Interest Income Deposits With Financial Institutions
InterestIncomeDepositsWithFinancialInstitutions
22660000 USD
CY2017Q2 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
279406000 USD
us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
544460000 USD
CY2018Q2 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
326143000 USD
us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
632618000 USD
CY2017Q2 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
290091000 USD
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
562213000 USD
CY2018Q2 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
341679000 USD
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
668372000 USD
CY2017Q2 us-gaap Interest Income Securities Purchased Under Agreements To Resell
InterestIncomeSecuritiesPurchasedUnderAgreementsToResell
7853000 USD
us-gaap Interest Income Securities Purchased Under Agreements To Resell
InterestIncomeSecuritiesPurchasedUnderAgreementsToResell
17321000 USD
CY2018Q2 us-gaap Interest Income Securities Purchased Under Agreements To Resell
InterestIncomeSecuritiesPurchasedUnderAgreementsToResell
7182000 USD
us-gaap Interest Income Securities Purchased Under Agreements To Resell
InterestIncomeSecuritiesPurchasedUnderAgreementsToResell
14116000 USD
us-gaap Interest Paid
InterestPaid
63416000 USD
us-gaap Interest Paid
InterestPaid
99176000 USD
CY2017Q2 us-gaap Investment Advisory Fees
InvestmentAdvisoryFees
3381000 USD
us-gaap Investment Advisory Fees
InvestmentAdvisoryFees
7716000 USD
CY2018Q2 us-gaap Investment Advisory Fees
InvestmentAdvisoryFees
4501000 USD
us-gaap Investment Advisory Fees
InvestmentAdvisoryFees
7454000 USD
CY2017Q2 us-gaap Labor And Related Expense
LaborAndRelatedExpense
80744000 USD
us-gaap Labor And Related Expense
LaborAndRelatedExpense
165347000 USD
CY2018Q2 us-gaap Labor And Related Expense
LaborAndRelatedExpense
93865000 USD
CY2017Q4 us-gaap Liabilities
Liabilities
33308298000 USD
us-gaap Labor And Related Expense
LaborAndRelatedExpense
189099000 USD
CY2017Q2 us-gaap Legal Fees
LegalFees
2552000 USD
us-gaap Legal Fees
LegalFees
5614000 USD
CY2018Q2 us-gaap Legal Fees
LegalFees
2837000 USD
us-gaap Legal Fees
LegalFees
5092000 USD
CY2017Q4 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
1655897000 USD
CY2018Q2 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
1700000000 USD
CY2018Q2 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
1702514000 USD
CY2018Q2 us-gaap Liabilities
Liabilities
33958670000 USD
CY2017Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
37150249000 USD
CY2018Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
38072954000 USD
CY2017Q2 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
276316000 USD
CY2017Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
287128000 USD
CY2018Q2 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
301550000 USD
CY2017Q4 us-gaap Loans And Leases Receivable Impaired Commitment To Lend
LoansAndLeasesReceivableImpairedCommitmentToLend
5100000 USD
CY2018Q2 us-gaap Loans And Leases Receivable Impaired Commitment To Lend
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us-gaap Net Income Loss Available To Common Stockholders Basic
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us-gaap Noninterest Income
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us-gaap Net Income Loss Available To Common Stockholders Diluted
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288066000 USD
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us-gaap Net Income Loss Available To Common Stockholders Diluted
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us-gaap Noninterest Income
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us-gaap Noninterest Income Other Operating Income
NoninterestIncomeOtherOperatingIncome
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us-gaap Occupancy Net
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us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
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us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
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3136000 USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
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4143000 USD
CY2018Q2 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
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us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
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us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
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OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
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us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
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OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
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us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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4499000 USD
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OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
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us-gaap Payments For Proceeds From Loans And Leases
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us-gaap Payments For Proceeds From Other Investing Activities
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us-gaap Other Operating Activities Cash Flow Statement
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0 USD
us-gaap Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net Availableforsale Securities
OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNetAvailableforsaleSecurities
0 USD
CY2018Q2 us-gaap Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net Availableforsale Securities
OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNetAvailableforsaleSecurities
0 USD
us-gaap Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net Availableforsale Securities
OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNetAvailableforsaleSecurities
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us-gaap Payments For Origination And Purchases Of Loans Held For Sale
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us-gaap Payments For Origination And Purchases Of Loans Held For Sale
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us-gaap Payments For Securities Purchased Under Agreements To Resell
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us-gaap Payments Of Ordinary Dividends
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us-gaap Payments Related To Tax Withholding For Share Based Compensation
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us-gaap Payments Related To Tax Withholding For Share Based Compensation
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us-gaap Payments To Acquire Available For Sale Securities
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us-gaap Payments To Acquire Available For Sale Securities
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us-gaap Payments To Acquire Loans Receivable
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us-gaap Payments To Acquire Loans Receivable
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us-gaap Payments To Acquire Property Plant And Equipment
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4990000 USD
us-gaap Payments To Acquire Property Plant And Equipment
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2634000 USD
us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
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us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
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us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
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us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
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us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
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us-gaap Proceeds From Payments For In Interest Bearing Deposits In Banks
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us-gaap Proceeds From Sale And Collection Of Loans Heldforsale
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10759000 USD
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us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
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us-gaap Proceeds From Sale Of Available For Sale Securities
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950000000 USD
us-gaap Proceeds From Securities Purchased Under Agreements To Resell
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175000000 USD
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us-gaap Professional Fees
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us-gaap Professional Fees
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us-gaap Provision For Loan Lease And Other Losses
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us-gaap Provision For Loan Lease And Other Losses
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SecuritiesPurchasedUnderAgreementsToResell
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CY2017Q4 us-gaap Securities Purchased Under Agreements To Resell Gross
SecuritiesPurchasedUnderAgreementsToResellGross
1450000000 USD
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SecuritiesPurchasedUnderAgreementsToResellGross
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CY2018Q2 us-gaap Securities Purchased Under Agreements To Resell Gross
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CY2017Q4 us-gaap Securities Sold Under Agreements To Repurchase Asset
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CY2018Q2 us-gaap Securities Sold Under Agreements To Repurchase Asset
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CY2017Q4 us-gaap Securities Sold Under Agreements To Repurchase Gross
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450000000 USD
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450000000 USD
CY2018Q2 us-gaap Securities Sold Under Agreements To Repurchase Gross
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450000000 USD
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us-gaap Servicing Fees Net
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us-gaap Servicing Fees Net
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65953000 USD
us-gaap Transfer Of Portfolio Loans And Leases To Held For Sale1
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343977000 USD
CY2018Q2 us-gaap Transfer Of Portfolio Loans And Leases To Held For Sale1
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us-gaap Transfer Of Portfolio Loans And Leases To Held For Sale1
TransferOfPortfolioLoansAndLeasesToHeldForSale1
285631000 USD
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CY2017Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
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1255000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1406000 shares
CY2018Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1192000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1264000 shares
CY2017Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
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us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
145774000 shares
CY2017Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
144485000 shares
CY2018Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
146091000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
146046000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
144368000 shares
CY2018Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
144899000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
144782000 shares
us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">All loans are subject to the Company&#8217;s internal and external credit review and monitoring. For the commercial lending portfolio, loans are risk rated based on an analysis of the current state of the borrower&#8217;s credit quality. The analysis of credit quality includes a review of all repayment sources, the borrower&#8217;s current payment performance/delinquency, current financial and liquidity status and all other relevant information.&#160;For the majority of the consumer lending portfolio, payment performance/delinquency is the driving indicator for the risk ratings.&#160;Risk ratings are the overall credit quality indicator for the Company and the credit quality indicator utilized for estimating the appropriate allowance for loan losses. The Company utilizes a risk rating system, which classifies loans within the following categories: Pass, Watch, Special Mention, Substandard, Doubtful and Loss. The risk ratings reflect the relative strength of the repayment sources.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Pass and Watch loans are loans that have sufficient sources of repayment in order to repay the loan in full in accordance with all terms and conditions. Special Mention loans are loans that have potential weaknesses that warrant closer attention by management. Special Mention is a transitory grade. If potential weaknesses are resolved, the loan is upgraded to a Pass or Watch grade. If negative trends in the borrower&#8217;s financial status or other information indicate that the repayment sources may become inadequate, the loan is downgraded to a Substandard grade. Substandard loans are loans that have well-defined weaknesses that may jeopardize the full and timely repayment of the loan. Substandard loans have a distinct possibility of loss, if the deficiencies are not corrected. When management has assessed a potential for loss but a distinct possibility of loss is not recognizable, the loan remains classified as Substandard grade. Doubtful loans have insufficient sources of repayment and a high probability of loss. Loss loans are loans that are uncollectible and of such little value that they are no longer considered bankable assets. These internal risk ratings are reviewed routinely and adjusted based on changes in the borrowers&#8217; financial status and the loans&#8217; collectability.</font></div></div>

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