2019 Q4 Form 10-K Financial Statement

#000003872520000053 Filed on February 25, 2020

View on sec.gov

Income Statement

Concept 2019 Q4 2018 Q4 2018 Q3
Revenue $320.1M $316.6M $341.9M
YoY Change 1.11% 9.85% 9.9%
Cost Of Revenue $218.9M $212.3M $228.9M
YoY Change 3.11% 9.66% 10.44%
Gross Profit $101.3M $104.3M $113.0M
YoY Change -2.88% 10.25% 8.86%
Gross Profit Margin 31.65% 32.94% 33.05%
Selling, General & Admin $71.80M $74.90M $72.48M
YoY Change -4.14% 7.93% 2.3%
% of Gross Profit 70.88% 71.81% 64.14%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $9.300M $9.600M $9.400M
YoY Change -3.13% -4.95% -6.0%
% of Gross Profit 9.18% 9.2% 8.32%
Operating Expenses $71.70M $74.90M $72.48M
YoY Change -4.27% 7.77% 2.3%
Operating Profit $29.60M $29.40M $40.10M
YoY Change 0.68% 17.13% 25.31%
Interest Expense -$5.400M $100.0K $2.443M
YoY Change -5500.0% -106.67% 6.36%
% of Operating Profit -18.24% 0.34% 6.09%
Other Income/Expense, Net -$100.0K -$500.0K -$422.0K
YoY Change -80.0% -600.0% -196.35%
Pretax Income $23.10M $28.30M $35.67M
YoY Change -18.37% 34.76% 17.66%
Income Tax $3.100M $5.400M $5.739M
% Of Pretax Income 13.42% 19.08% 16.09%
Net Earnings $19.80M $24.20M $30.00M
YoY Change -18.18% 198.77% 22.45%
Net Earnings / Revenue 6.19% 7.64% 8.77%
Basic Earnings Per Share $0.42 $0.51 $0.64
Diluted Earnings Per Share $0.42 $0.51 $0.63
COMMON SHARES
Basic Shares Outstanding 46.36M shares 46.75M shares 46.70M shares
Diluted Shares Outstanding 47.20M shares

Balance Sheet

Concept 2019 Q4 2018 Q4 2018 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $64.40M $59.20M $41.20M
YoY Change 8.78% -11.9% -31.45%
Cash & Equivalents $64.41M $59.17M $41.17M
Short-Term Investments
Other Short-Term Assets $29.47M $33.76M $31.95M
YoY Change -12.71% -12.47% -28.15%
Inventory $300.2M $314.0M $323.2M
Prepaid Expenses
Receivables $173.3M $172.9M $193.4M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $567.4M $579.9M $589.8M
YoY Change -2.14% -1.57% 1.29%
LONG-TERM ASSETS
Property, Plant & Equipment $201.3M $207.1M $206.2M
YoY Change -2.77% -4.0% -3.31%
Goodwill $256.1M $248.7M $249.7M
YoY Change 2.98% 5.03% 5.36%
Intangibles $131.1M $135.1M $134.7M
YoY Change -2.91% 2.72% -0.76%
Long-Term Investments $0.00
YoY Change
Other Assets $1.993M $2.928M $3.138M
YoY Change -31.93% -11.75% -14.26%
Total Long-Term Assets $627.3M $602.5M $602.4M
YoY Change 4.11% 1.05% 0.87%
TOTAL ASSETS
Total Short-Term Assets $567.4M $579.9M $589.8M
Total Long-Term Assets $627.3M $602.5M $602.4M
Total Assets $1.195B $1.182B $1.192B
YoY Change 1.04% -0.25% 1.08%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $82.59M $76.65M $75.35M
YoY Change 7.75% -3.4% -1.07%
Accrued Expenses $78.30M $64.80M $61.70M
YoY Change 20.83% 1.41% -3.14%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $21.90M $112.0M $122.8M
YoY Change -80.45% 11.44% 17.96%
Total Short-Term Liabilities $185.8M $255.9M $265.8M
YoY Change -27.4% 4.05% 7.1%
LONG-TERM LIABILITIES
Long-Term Debt $93.10M $94.40M $94.20M
YoY Change -1.38% -24.84% -25.0%
Other Long-Term Liabilities $21.77M $17.93M $18.87M
YoY Change 21.38% -6.84% 1.18%
Total Long-Term Liabilities $21.77M $17.93M $18.87M
YoY Change 21.38% -6.84% 1.18%
TOTAL LIABILITIES
Total Short-Term Liabilities $185.8M $255.9M $265.8M
Total Long-Term Liabilities $21.77M $17.93M $18.87M
Total Liabilities $207.5M $273.8M $284.6M
YoY Change -24.2% 3.26% 6.69%
SHAREHOLDERS EQUITY
Retained Earnings $712.5M $654.7M $658.2M
YoY Change 8.82% 8.24% 9.3%
Common Stock $274.3M $262.2M $260.1M
YoY Change 4.63% 7.09% 7.05%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $796.5M $733.9M $734.6M
YoY Change
Total Liabilities & Shareholders Equity $1.195B $1.182B $1.192B
YoY Change 1.05% -0.25% 1.07%

Cashflow Statement

Concept 2019 Q4 2018 Q4 2018 Q3
OPERATING ACTIVITIES
Net Income $19.80M $24.20M $30.00M
YoY Change -18.18% 198.77% 22.45%
Depreciation, Depletion And Amortization $9.300M $9.600M $9.400M
YoY Change -3.13% -4.95% -6.0%
Cash From Operating Activities $87.50M $68.00M $55.20M
YoY Change 28.68% 157.58% 4.35%
INVESTING ACTIVITIES
Capital Expenditures -$6.300M -$7.300M -$3.700M
YoY Change -13.7% -33.64% -5.13%
Acquisitions
YoY Change
Other Investing Activities $0.00 -$2.600M -$33.40M
YoY Change -100.0% -1400.0% -5666.67%
Cash From Investing Activities -$6.200M -$9.900M -$37.00M
YoY Change -37.37% -8.33% 1021.21%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -65.60M -38.30M -46.00M
YoY Change 71.28% 355.95% 0.44%
NET CHANGE
Cash From Operating Activities 87.50M 68.00M 55.20M
Cash From Investing Activities -6.200M -9.900M -37.00M
Cash From Financing Activities -65.60M -38.30M -46.00M
Net Change In Cash 15.70M 19.80M -27.80M
YoY Change -20.71% 175.0% -831.58%
FREE CASH FLOW
Cash From Operating Activities $87.50M $68.00M $55.20M
Capital Expenditures -$6.300M -$7.300M -$3.700M
Free Cash Flow $93.80M $75.30M $58.90M
YoY Change 24.57% 101.34% 3.7%

Facts In Submission

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CY2019Q4 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
-236000 USD
CY2018Q4 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
518000 USD
CY2018Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
65000000 shares
CY2019Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
65000000 shares
CY2019Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.10
CY2018Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.10
CY2019Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1194743000 USD
CY2019Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
46391000 shares
CY2018Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
46326000 shares
CY2019Q4 us-gaap Common Stock Value
CommonStockValue
4639000 USD
CY2018Q4 us-gaap Common Stock Value
CommonStockValue
4632000 USD
CY2019Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
269656000 USD
CY2018Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
257535000 USD
CY2019Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
712460000 USD
CY2018Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
654724000 USD
CY2019Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-190210000 USD
CY2018Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-183019000 USD
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
796545000 USD
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
733872000 USD
CY2019Q4 us-gaap Minority Interest
MinorityInterest
2124000 USD
CY2018Q4 us-gaap Minority Interest
MinorityInterest
1955000 USD
CY2019Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
798669000 USD
CY2018Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
735827000 USD
CY2018Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1182365000 USD
CY2019 us-gaap Profit Loss
ProfitLoss
95999000 USD
CY2018 us-gaap Profit Loss
ProfitLoss
105517000 USD
CY2017 us-gaap Profit Loss
ProfitLoss
78593000 USD
CY2019 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
36977000 USD
CY2018 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
38604000 USD
CY2017 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
38506000 USD
CY2019 us-gaap Amortization Of Leased Asset
AmortizationOfLeasedAsset
11699000 USD
CY2018 us-gaap Amortization Of Leased Asset
AmortizationOfLeasedAsset
0 USD
CY2017 us-gaap Amortization Of Leased Asset
AmortizationOfLeasedAsset
0 USD
CY2019 us-gaap Share Based Compensation
ShareBasedCompensation
8957000 USD
CY2018 us-gaap Share Based Compensation
ShareBasedCompensation
8450000 USD
CY2017 us-gaap Share Based Compensation
ShareBasedCompensation
7109000 USD
CY2019 fele Tax Cutsand Jobs Actof2017 Provisional Transition Tax Netted Against Tax Cutsand Jobs Act Deferred Tax
TaxCutsandJobsActof2017ProvisionalTransitionTaxNettedAgainstTaxCutsandJobsActDeferredTax
0 USD
CY2018 fele Tax Cutsand Jobs Actof2017 Provisional Transition Tax Netted Against Tax Cutsand Jobs Act Deferred Tax
TaxCutsandJobsActof2017ProvisionalTransitionTaxNettedAgainstTaxCutsandJobsActDeferredTax
0 USD
CY2017 fele Tax Cutsand Jobs Actof2017 Provisional Transition Tax Netted Against Tax Cutsand Jobs Act Deferred Tax
TaxCutsandJobsActof2017ProvisionalTransitionTaxNettedAgainstTaxCutsandJobsActDeferredTax
10198000 USD
CY2019 fele Deferred Taxes Excluding Tax Cutsand Jobs Act Deferred Taxes
DeferredTaxesExcludingTaxCutsandJobsActDeferredTaxes
-2566000 USD
CY2018 fele Deferred Taxes Excluding Tax Cutsand Jobs Act Deferred Taxes
DeferredTaxesExcludingTaxCutsandJobsActDeferredTaxes
-5164000 USD
CY2017 fele Deferred Taxes Excluding Tax Cutsand Jobs Act Deferred Taxes
DeferredTaxesExcludingTaxCutsandJobsActDeferredTaxes
-6311000 USD
CY2019 us-gaap Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
-891000 USD
CY2018 us-gaap Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
-311000 USD
CY2017 us-gaap Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
-1572000 USD
CY2019 us-gaap Business Combination Step Acquisition Equity Interest In Acquiree Remeasurement Gain Or Loss
BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGainOrLoss
0 USD
CY2018 us-gaap Business Combination Step Acquisition Equity Interest In Acquiree Remeasurement Gain Or Loss
BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGainOrLoss
0 USD
CY2017 us-gaap Business Combination Step Acquisition Equity Interest In Acquiree Remeasurement Gain Or Loss
BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGainOrLoss
5165000 USD
CY2019 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-1641000 USD
CY2018 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-706000 USD
CY2017 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
1025000 USD
CY2019 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-1076000 USD
CY2018 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
8194000 USD
CY2017 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-9948000 USD
CY2019 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-17228000 USD
CY2018 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
4775000 USD
CY2017 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
46372000 USD
CY2019 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
6770000 USD
CY2018 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
1677000 USD
CY2017 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-11071000 USD
CY2019 us-gaap Operating Lease Payments
OperatingLeasePayments
-11698000 USD
CY2018 us-gaap Operating Lease Payments
OperatingLeasePayments
0 USD
CY2017 us-gaap Operating Lease Payments
OperatingLeasePayments
0 USD
CY2019 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
6449000 USD
CY2018 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-1771000 USD
CY2017 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-2513000 USD
CY2019 fele Increase Decreasein Tcja Tax Payable
IncreaseDecreaseinTCJATaxPayable
0 USD
CY2018 fele Increase Decreasein Tcja Tax Payable
IncreaseDecreaseinTCJATaxPayable
-6510000 USD
CY2017 fele Increase Decreasein Tcja Tax Payable
IncreaseDecreaseinTCJATaxPayable
0 USD
CY2019 us-gaap Increase Decrease In Pension And Postretirement Obligations
IncreaseDecreaseInPensionAndPostretirementObligations
-1443000 USD
CY2018 us-gaap Increase Decrease In Pension And Postretirement Obligations
IncreaseDecreaseInPensionAndPostretirementObligations
-2291000 USD
CY2017 us-gaap Increase Decrease In Pension And Postretirement Obligations
IncreaseDecreaseInPensionAndPostretirementObligations
-2529000 USD
CY2019 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-5696000 USD
CY2018 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-1875000 USD
CY2017 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
4186000 USD
CY2019 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
177676000 USD
CY2018 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
128435000 USD
CY2017 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
66754000 USD
CY2019 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
21855000 USD
CY2018 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
22432000 USD
CY2017 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
33484000 USD
CY2019 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
866000 USD
CY2018 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
724000 USD
CY2017 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
211000 USD
CY2019 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
20827000 USD
CY2018 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
44971000 USD
CY2017 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
51783000 USD
CY2019 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-10000 USD
CY2018 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-387000 USD
CY2017 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-355000 USD
CY2019 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-41806000 USD
CY2018 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-66292000 USD
CY2017 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-84701000 USD
CY2019 us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
264389000 USD
CY2018 us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
232638000 USD
CY2017 us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
193358000 USD
CY2019 us-gaap Repayments Of Debt And Capital Lease Obligations
RepaymentsOfDebtAndCapitalLeaseObligations
355332000 USD
CY2018 us-gaap Repayments Of Debt And Capital Lease Obligations
RepaymentsOfDebtAndCapitalLeaseObligations
251623000 USD
CY2017 us-gaap Repayments Of Debt And Capital Lease Obligations
RepaymentsOfDebtAndCapitalLeaseObligations
191476000 USD
CY2019 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
3194000 USD
CY2018 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
8999000 USD
CY2017 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
4497000 USD
CY2019 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
10741000 USD
CY2018 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
34188000 USD
CY2017 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
3621000 USD
CY2019 us-gaap Payments Of Dividends
PaymentsOfDividends
27671000 USD
CY2018 us-gaap Payments Of Dividends
PaymentsOfDividends
22612000 USD
CY2017 us-gaap Payments Of Dividends
PaymentsOfDividends
20289000 USD
CY2019 us-gaap Payments For Repurchase Of Redeemable Noncontrolling Interest
PaymentsForRepurchaseOfRedeemableNoncontrollingInterest
487000 USD
CY2018 us-gaap Payments For Repurchase Of Redeemable Noncontrolling Interest
PaymentsForRepurchaseOfRedeemableNoncontrollingInterest
0 USD
CY2017 us-gaap Payments For Repurchase Of Redeemable Noncontrolling Interest
PaymentsForRepurchaseOfRedeemableNoncontrollingInterest
5047000 USD
CY2019 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-126648000 USD
CY2018 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-66786000 USD
CY2017 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-22578000 USD
CY2019 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-3990000 USD
CY2018 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-3417000 USD
CY2017 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
3427000 USD
CY2019 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
5232000 USD
CY2018 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-8060000 USD
CY2017 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-37098000 USD
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
59173000 USD
CY2017Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
67233000 USD
CY2016Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
104331000 USD
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
64405000 USD
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
59173000 USD
CY2017Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
67233000 USD
CY2019 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
16949000 USD
CY2018 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
27025000 USD
CY2017 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
25810000 USD
CY2019 us-gaap Interest Paid Net
InterestPaidNet
8388000 USD
CY2018 us-gaap Interest Paid Net
InterestPaidNet
10792000 USD
CY2017 us-gaap Interest Paid Net
InterestPaidNet
9373000 USD
CY2019 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
1509000 USD
CY2018 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
1158000 USD
CY2017 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
168000 USD
CY2019 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
4922000 USD
CY2018 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
0 USD
CY2017 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
0 USD
CY2019 us-gaap Noncash Or Part Noncash Acquisition Payables Assumed1
NoncashOrPartNoncashAcquisitionPayablesAssumed1
845000 USD
CY2018 us-gaap Noncash Or Part Noncash Acquisition Payables Assumed1
NoncashOrPartNoncashAcquisitionPayablesAssumed1
1000000 USD
CY2017 us-gaap Noncash Or Part Noncash Acquisition Payables Assumed1
NoncashOrPartNoncashAcquisitionPayablesAssumed1
0 USD
CY2016Q4 us-gaap Temporary Equity Carrying Amount Including Portion Attributable To Noncontrolling Interests
TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests
7652000 USD
CY2017 us-gaap Temporary Equity Net Income
TemporaryEquityNetIncome
-248000 USD
CY2017 us-gaap Temporary Equity Foreign Currency Translation Adjustments
TemporaryEquityForeignCurrencyTranslationAdjustments
-828000 USD
CY2017 us-gaap Other Comprehensive Income Defined Benefit Plans Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansTaxPortionAttributableToParent
534000 USD
CY2017 us-gaap Temporary Equity Accretion To Redemption Value
TemporaryEquityAccretionToRedemptionValue
-27000 USD
CY2017 us-gaap Minority Interest Decrease From Redemptions
MinorityInterestDecreaseFromRedemptions
-5047000 USD
CY2017 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.4225
CY2017Q4 us-gaap Temporary Equity Carrying Amount Including Portion Attributable To Noncontrolling Interests
TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests
1502000 USD
CY2018 us-gaap Temporary Equity Net Income
TemporaryEquityNetIncome
-1061000 USD
CY2018 us-gaap Temporary Equity Foreign Currency Translation Adjustments
TemporaryEquityForeignCurrencyTranslationAdjustments
77000 USD
CY2018 us-gaap Other Comprehensive Income Defined Benefit Plans Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansTaxPortionAttributableToParent
307000 USD
CY2018 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.4675
CY2018Q4 us-gaap Temporary Equity Carrying Amount Including Portion Attributable To Noncontrolling Interests
TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests
518000 USD
CY2019 us-gaap Temporary Equity Net Income
TemporaryEquityNetIncome
-326000 USD
CY2019 us-gaap Temporary Equity Foreign Currency Translation Adjustments
TemporaryEquityForeignCurrencyTranslationAdjustments
59000 USD
CY2019 us-gaap Other Comprehensive Income Defined Benefit Plans Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansTaxPortionAttributableToParent
589000 USD
CY2019 us-gaap Minority Interest Decrease From Redemptions
MinorityInterestDecreaseFromRedemptions
-487000 USD
CY2019 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.5800
CY2019Q4 us-gaap Temporary Equity Carrying Amount Including Portion Attributable To Noncontrolling Interests
TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests
-236000 USD
CY2019 us-gaap Fiscal Period
FiscalPeriod
<span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%;">Fiscal Year</span><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">--The financial statements and accompanying notes are as of and for the years ended December 31, 2019, December 31, 2018, and December 31, 2017, and referred to as 2019, 2018, and 2017, respectively.</span>
CY2019 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
20800000 USD
CY2018 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
22100000 USD
CY2017 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
20800000 USD
CY2019 us-gaap Depreciation
Depreciation
27600000 USD
CY2018 us-gaap Depreciation
Depreciation
29700000 USD
CY2017 us-gaap Depreciation
Depreciation
29900000 USD
CY2019 us-gaap Use Of Estimates
UseOfEstimates
<div><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%;">Significant Estimates</span><span style="background-color:rgb(255,255,255, 0.0);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 accounting principles generally accepted in the United States requires management to make significant estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of expenses during the reporting periods. Significant estimates and assumptions by management affect inventory valuation, warranty, trade names and goodwill, income taxes, and pension and employee benefit obligations.</span></div><div><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;"> </span></div><div><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">Although the Company regularly assesses these estimates, actual results could materially differ. The Company bases its estimates on historical experience and various other assumptions that it believes to be reasonable under the circumstances.</span></div>
CY2019Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
32900000 USD
CY2019Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
32900000 USD
CY2019 us-gaap Description Of New Accounting Pronouncements Not Yet Adopted
DescriptionOfNewAccountingPronouncementsNotYetAdopted
<div><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%;">Accounting Standards Issued But Not Yet Adopted</span></div><div><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">In August 2018, the FASB issued ASU 2018-14, </span><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;">Compensation-Retirement Benefits-Defined Benefit Plans-General (Topic 715-20): Disclosure Framework-Changes to the Disclosure Requirements for Defined Benefit Plans, </span><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">which modifies the disclosure requirements for employers that sponsor defined benefit pension or other postretirement plans. The amendments remove disclosures that no longer are considered cost beneficial, including the estimated amounts in accumulated other comprehensive income expected to be recognized as components of net periodic expense over the next fiscal year. The amendments clarify the specific requirements of disclosures, and add disclosure requirements identified as relevant, including the reasons for significant gains and losses related to change in the benefit obligation for the period. The ASU should be applied retrospectively and is effective for interim and annual periods beginning after December 15, 2020. The Company is still determining the date of adoption for this ASU but does not anticipate the adoption to have a material impact on the Company's consolidated financial position, results of operations, or cash flows.</span></div><div><span><br/></span></div><div><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">In January 2017, the FASB issued ASU 2017-04, </span><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;">Intangibles - Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment. </span><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">ASU 2017-04 removes step two from the goodwill impairment test and instead requires an entity to recognize a goodwill impairment charge for the amount by which the goodwill carrying amount exceeds the reporting unit's fair value. The ASU is effective on a prospective basis for interim and annual periods beginning after December 15, 2019 with early adoption permitted. The Company will adopt this standard effective January 1, 2020, but does not anticipate the adoption to have a material impact on the Company's consolidated financial position, results of operations, or cash flows.</span></div><div><span><br/></span></div><div><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">In June 2016, the FASB issued ASU 2016-13, </span><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;">Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments</span><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">, which modifies the measurement of expected credit losses on certain financial instruments, including trade receivables. ASU 2016-13 is effective for interim and annual periods beginning after December 15, 2019 with early adoption permitted. Amendments should be applied using a modified retrospective approach except for debt securities, which require a prospective transitions approach. The Company will adopt this standard effective January 1, 2020. Adoption is not expected to have a material impact on the Company's consolidated financial position, results of operations, or cash flows.</span></div><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">In December 2019, the FASB issued ASU 2019-12, </span><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;">Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes, </span>which is expected to reduce cost and complexity related to accounting for income taxes. ASU 2019-12 eliminates the need for the Company to analyze whether certain exceptions apply and improves financial statement preparers' application of income tax-related guidance. ASU 2019-12 is effective for interim and annual periods beginning after December 15, 2020 with early adoption permitted. Amendments related to franchise taxes that are partially based on income should be applied on either a retrospective or modified retrospective basis. All other amendments should be applied on a prospective basis. The Company is still determining the date of adoption of this ASU. Adoption is not expected to have a material impact on the Company's consolidated financial position, results of operations, or cash flows
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CY2019 us-gaap Business Combination Acquisition Related Costs
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CY2017 us-gaap Business Combination Acquisition Related Costs
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9400000 USD
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9400000 USD
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17700000 USD
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18800000 USD
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46500000 USD
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45000000.0 USD
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CY2019Q4 us-gaap Deferred Income Tax Liabilities
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65600000 USD
CY2018Q4 us-gaap Deferred Income Tax Liabilities
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57200000 USD
CY2019Q4 us-gaap Deferred Tax Liabilities
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18400000 USD
CY2018Q4 us-gaap Deferred Tax Liabilities
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20300000 USD
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6400000 USD
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12000000.0 USD
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6800000 USD
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2600000 USD
CY2019Q4 fele Deferred Tax Assets Operating Loss Carryforwards Subjectto Expiration Period Three
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4200000 USD
CY2019Q4 fele Deferred Tax Assets Operating Loss Carryforwards Subjectto Expiration Period Four
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1900000 USD
CY2019Q4 fele Deferred Tax Assets Operating Loss Carryforwards Subjectto Expiration Period Five
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600000 USD
CY2019Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards Not Subject To Expiration
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9500000 USD
CY2019Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
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18800000 USD
CY2019Q4 us-gaap Undistributed Earnings Of Foreign Subsidiaries
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