2019 Q4 Form 10-K Financial Statement

#000003872521000044 Filed on February 24, 2021

View on sec.gov

Income Statement

Concept 2019 Q4 2018 Q4 2018
Revenue $320.1M $316.6M $1.298B
YoY Change 1.11% 9.85% 15.4%
Cost Of Revenue $218.9M $212.3M $865.8M
YoY Change 3.11% 9.66% 15.76%
Gross Profit $101.3M $104.3M $432.4M
YoY Change -2.88% 10.25% 14.69%
Gross Profit Margin 31.65% 32.94% 33.31%
Selling, General & Admin $71.80M $74.90M $298.7M
YoY Change -4.14% 7.93% 12.53%
% of Gross Profit 70.88% 71.81% 69.09%
Research & Development $22.10M
YoY Change 6.25%
% of Gross Profit 5.11%
Depreciation & Amortization $9.300M $9.600M $38.60M
YoY Change -3.13% -4.95% 0.25%
% of Gross Profit 9.18% 9.2% 8.93%
Operating Expenses $71.70M $74.90M $320.8M
YoY Change -4.27% 7.77% 12.07%
Operating Profit $29.60M $29.40M $132.0M
YoY Change 0.68% 17.13% 23.13%
Interest Expense -$5.400M $100.0K $9.839M
YoY Change -5500.0% -106.67% -4.68%
% of Operating Profit -18.24% 0.34% 7.45%
Other Income/Expense, Net -$100.0K -$500.0K -$1.042M
YoY Change -80.0% -600.0% -115.66%
Pretax Income $23.10M $28.30M $120.4M
YoY Change -18.37% 34.76% 15.13%
Income Tax $3.100M $5.400M $14.90M
% Of Pretax Income 13.42% 19.08% 12.37%
Net Earnings $19.80M $24.20M $105.9M
YoY Change -18.18% 198.77% 35.42%
Net Earnings / Revenue 6.19% 7.64% 8.16%
Basic Earnings Per Share $0.42 $0.51 $2.25
Diluted Earnings Per Share $0.42 $0.51 $2.23
COMMON SHARES
Basic Shares Outstanding 46.36M shares 46.75M shares 46.60M shares
Diluted Shares Outstanding 47.00M shares

Balance Sheet

Concept 2019 Q4 2018 Q4 2018
SHORT-TERM ASSETS
Cash & Short-Term Investments $64.40M $59.20M $59.20M
YoY Change 8.78% -11.9% -11.9%
Cash & Equivalents $64.41M $59.17M $59.20M
Short-Term Investments
Other Short-Term Assets $29.47M $33.76M $33.80M
YoY Change -12.71% -12.47% -12.44%
Inventory $300.2M $314.0M $314.0M
Prepaid Expenses
Receivables $173.3M $172.9M $172.9M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $567.4M $579.9M $579.9M
YoY Change -2.14% -1.57% -1.56%
LONG-TERM ASSETS
Property, Plant & Equipment $201.3M $207.1M $207.1M
YoY Change -2.77% -4.0% -3.99%
Goodwill $256.1M $248.7M
YoY Change 2.98% 5.03%
Intangibles $131.1M $135.1M
YoY Change -2.91% 2.72%
Long-Term Investments $0.00
YoY Change
Other Assets $1.993M $2.928M $11.60M
YoY Change -31.93% -11.75% -4.92%
Total Long-Term Assets $627.3M $602.5M $602.5M
YoY Change 4.11% 1.05% 1.04%
TOTAL ASSETS
Total Short-Term Assets $567.4M $579.9M $579.9M
Total Long-Term Assets $627.3M $602.5M $602.5M
Total Assets $1.195B $1.182B $1.182B
YoY Change 1.04% -0.25% -0.25%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $82.59M $76.65M $76.70M
YoY Change 7.75% -3.4% -3.28%
Accrued Expenses $78.30M $64.80M $64.80M
YoY Change 20.83% 1.41% 1.41%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $21.90M $112.0M $112.0M
YoY Change -80.45% 11.44% 11.44%
Total Short-Term Liabilities $185.8M $255.9M $255.9M
YoY Change -27.4% 4.05% 4.07%
LONG-TERM LIABILITIES
Long-Term Debt $93.10M $94.40M $94.40M
YoY Change -1.38% -24.84% -24.84%
Other Long-Term Liabilities $21.77M $17.93M $66.80M
YoY Change 21.38% -6.84% -15.23%
Total Long-Term Liabilities $21.77M $17.93M $161.2M
YoY Change 21.38% -6.84% -21.14%
TOTAL LIABILITIES
Total Short-Term Liabilities $185.8M $255.9M $255.9M
Total Long-Term Liabilities $21.77M $17.93M $161.2M
Total Liabilities $207.5M $273.8M $448.5M
YoY Change -24.2% 3.26% -7.47%
SHAREHOLDERS EQUITY
Retained Earnings $712.5M $654.7M
YoY Change 8.82% 8.24%
Common Stock $274.3M $262.2M
YoY Change 4.63% 7.09%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $796.5M $733.9M $733.9M
YoY Change
Total Liabilities & Shareholders Equity $1.195B $1.182B $1.182B
YoY Change 1.05% -0.25% -0.25%

Cashflow Statement

Concept 2019 Q4 2018 Q4 2018
OPERATING ACTIVITIES
Net Income $19.80M $24.20M $105.9M
YoY Change -18.18% 198.77% 35.42%
Depreciation, Depletion And Amortization $9.300M $9.600M $38.60M
YoY Change -3.13% -4.95% 0.25%
Cash From Operating Activities $87.50M $68.00M $128.4M
YoY Change 28.68% 157.58% 92.4%
INVESTING ACTIVITIES
Capital Expenditures -$6.300M -$7.300M $22.43M
YoY Change -13.7% -33.64% -33.01%
Acquisitions $44.97M
YoY Change -13.15%
Other Investing Activities $0.00 -$2.600M -$387.0K
YoY Change -100.0% -1400.0% 9.01%
Cash From Investing Activities -$6.200M -$9.900M -$66.29M
YoY Change -37.37% -8.33% -21.73%
FINANCING ACTIVITIES
Cash Dividend Paid $22.61M
YoY Change 11.45%
Common Stock Issuance & Retirement, Net $25.19M
YoY Change -2975.46%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -65.60M -38.30M -$66.79M
YoY Change 71.28% 355.95% 195.8%
NET CHANGE
Cash From Operating Activities 87.50M 68.00M $128.4M
Cash From Investing Activities -6.200M -9.900M -$66.29M
Cash From Financing Activities -65.60M -38.30M -$66.79M
Net Change In Cash 15.70M 19.80M -$8.060M
YoY Change -20.71% 175.0% -78.27%
FREE CASH FLOW
Cash From Operating Activities $87.50M $68.00M $128.4M
Capital Expenditures -$6.300M -$7.300M $22.43M
Free Cash Flow $93.80M $75.30M $106.0M
YoY Change 24.57% 101.34% 218.61%

Facts In Submission

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CY2019Q4 us-gaap Commitments And Contingencies
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CY2019Q4 us-gaap Common Stock Shares Authorized
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65000000 shares
CY2020Q4 us-gaap Common Stock Par Or Stated Value Per Share
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CY2020Q4 us-gaap Common Stock Shares Outstanding
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CY2019Q4 us-gaap Common Stock Shares Outstanding
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CY2019Q4 us-gaap Common Stock Value
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CY2019Q4 us-gaap Additional Paid In Capital Common Stock
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CY2019Q4 us-gaap Stockholders Equity
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CY2019Q4 us-gaap Minority Interest
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CY2019Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2019Q4 us-gaap Liabilities And Stockholders Equity
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CY2020 us-gaap Operating Lease Right Of Use Asset Amortization Expense
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CY2019 us-gaap Operating Lease Right Of Use Asset Amortization Expense
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11699000 USD
CY2018 us-gaap Operating Lease Right Of Use Asset Amortization Expense
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CY2020 us-gaap Share Based Compensation
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CY2019 us-gaap Share Based Compensation
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CY2018 us-gaap Share Based Compensation
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CY2020 us-gaap Deferred Income Tax Expense Benefit
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CY2019 us-gaap Deferred Income Tax Expense Benefit
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CY2018 us-gaap Deferred Income Tax Expense Benefit
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CY2019 us-gaap Gain Loss On Sales Of Assets And Asset Impairment Charges
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CY2018 us-gaap Gain Loss On Sales Of Assets And Asset Impairment Charges
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CY2020 us-gaap Foreign Currency Transaction Gain Loss Before Tax
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CY2019 us-gaap Foreign Currency Transaction Gain Loss Before Tax
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4775000 USD
CY2020 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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CY2019 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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6770000 USD
CY2018 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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CY2019 us-gaap Operating Lease Payments
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CY2020 us-gaap Increase Decrease In Accrued Income Taxes Payable
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2507000 USD
CY2019 us-gaap Increase Decrease In Accrued Income Taxes Payable
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CY2018 us-gaap Increase Decrease In Accrued Income Taxes Payable
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0 USD
CY2019 fele Increase Decreasein Tcja Tax Payable
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0 USD
CY2018 fele Increase Decreasein Tcja Tax Payable
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CY2020 us-gaap Increase Decrease In Pension And Postretirement Obligations
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604000 USD
CY2019 us-gaap Increase Decrease In Pension And Postretirement Obligations
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CY2018 us-gaap Increase Decrease In Pension And Postretirement Obligations
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CY2020 us-gaap Increase Decrease In Other Operating Capital Net
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CY2019 us-gaap Increase Decrease In Other Operating Capital Net
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CY2018 us-gaap Increase Decrease In Other Operating Capital Net
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CY2019 us-gaap Net Cash Provided By Used In Operating Activities
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CY2018 us-gaap Net Cash Provided By Used In Operating Activities
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CY2020 us-gaap Payments To Acquire Property Plant And Equipment
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21855000 USD
CY2018 us-gaap Payments To Acquire Property Plant And Equipment
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CY2020 us-gaap Proceeds From Sale Of Property Plant And Equipment
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CY2019 us-gaap Proceeds From Sale Of Property Plant And Equipment
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CY2018 us-gaap Proceeds From Sale Of Property Plant And Equipment
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CY2020 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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CY2019 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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CY2018 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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CY2020 us-gaap Payments For Proceeds From Other Investing Activities
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CY2019 us-gaap Net Cash Provided By Used In Investing Activities
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CY2018 us-gaap Net Cash Provided By Used In Investing Activities
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CY2019 us-gaap Proceeds From Issuance Of Common Stock
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CY2019 us-gaap Payments For Repurchase Of Redeemable Noncontrolling Interest
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487000 USD
CY2018 us-gaap Payments For Repurchase Of Redeemable Noncontrolling Interest
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CY2019 us-gaap Net Cash Provided By Used In Financing Activities
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CY2018 us-gaap Net Cash Provided By Used In Financing Activities
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CY2020 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
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CY2019 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
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66382000 USD
CY2019 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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5232000 USD
CY2018 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
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CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
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CY2020 us-gaap Capital Expenditures Incurred But Not Yet Paid
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CY2019 us-gaap Capital Expenditures Incurred But Not Yet Paid
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CY2020 us-gaap Noncash Or Part Noncash Acquisition Payables Assumed1
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CY2018 us-gaap Noncash Or Part Noncash Acquisition Payables Assumed1
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518000 USD
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59000 USD
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CY2020 us-gaap Fiscal Period
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<span style="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="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, 2020, December 31, 2019, and December 31, 2018, and referred to as 2020, 2019, and 2018, respectively.</span>
CY2020 us-gaap Research And Development Expense
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CY2020 us-gaap Depreciation
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CY2019 us-gaap Depreciation
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<div><span style="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="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="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span></div><div><span style="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>
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9400000 USD
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8900000 USD
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9900000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
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9700000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
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9600000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
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9400000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
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8500000 USD
CY2018Q4 us-gaap Goodwill
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CY2019Q4 us-gaap Goodwill
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300000 USD
CY2020Q4 us-gaap Goodwill
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CY2019Q4 us-gaap Defined Benefit Plan Weighted Average Asset Allocations
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CY2019 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Expected Long Term Return On Assets
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CY2020Q4 us-gaap Defined Benefit Plan Expected Future Employer Contributions Next Fiscal Year
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1000000 USD
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7300000 USD
CY2019 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
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7400000 USD
CY2018 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
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6800000 USD
CY2020Q4 us-gaap Accrued Salaries Current
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36400000 USD
CY2019Q4 us-gaap Accrued Salaries Current
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28600000 USD
CY2020Q4 us-gaap Product Warranty Accrual Classified Current
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9700000 USD
CY2019Q4 us-gaap Product Warranty Accrual Classified Current
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9100000 USD
CY2020Q4 us-gaap Accrued Insurance Current
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2400000 USD
CY2019Q4 us-gaap Accrued Insurance Current
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2600000 USD
CY2020Q4 us-gaap Accrued Employee Benefits Current
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9800000 USD
CY2019Q4 us-gaap Accrued Employee Benefits Current
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9900000 USD
CY2020Q4 us-gaap Other Accrued Liabilities Current
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30700000 USD
CY2019Q4 us-gaap Other Accrued Liabilities Current
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18200000 USD
CY2020Q4 fele Accrued Expenses Employee Related Liabilitiesand Other Current
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89000000.0 USD
CY2019Q4 fele Accrued Expenses Employee Related Liabilitiesand Other Current
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74100000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
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55500000 USD
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54700000 USD
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49600000 USD
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61300000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
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65700000 USD
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123700000 USD
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116800000 USD
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120400000 USD
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2600000 USD
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1400000 USD
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CY2019 us-gaap Current Income Tax Expense Benefit
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22500000 USD
CY2019 us-gaap Income Tax Expense Benefit
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20800000 USD
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14900000 USD
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0.210
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0.007
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0.008
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0.004
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0
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0
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CY2020 us-gaap Effective Income Tax Rate Continuing Operations
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0.005
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0
CY2019 fele Deferred Tax Relatedtothe Tax Cutsand Jobs Actof2017effectonpercent
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0
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CY2020 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.21
CY2020 us-gaap Adjustment For Long Term Intercompany Transactions Tax Expense Benefit
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5000000.0 USD
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1200000 USD
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900000 USD
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4200000 USD
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13000000.0 USD
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10100000 USD
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19800000 USD
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17700000 USD
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20700000 USD
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18800000 USD
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8000000.0 USD
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7000000.0 USD
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6400000 USD
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53200000 USD
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47200000 USD
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12100000 USD
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11900000 USD
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49400000 USD
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46500000 USD
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500000 USD
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200000 USD
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16800000 USD
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2100000 USD
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4400000 USD
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2200000 USD
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600000 USD
CY2020Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards Not Subject To Expiration
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11400000 USD
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6400000 USD
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400000 USD
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CY2019 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
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CY2018 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
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CY2020 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
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CY2019 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
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300000 USD
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0 USD
CY2019 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
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400000 USD
CY2018 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
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CY2020 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
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400000 USD
CY2019 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
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300000 USD
CY2018 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
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500000 USD
CY2020 us-gaap Unrecognized Tax Benefits Increases Resulting From Settlements With Taxing Authorities
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0 USD
CY2019 us-gaap Unrecognized Tax Benefits Increases Resulting From Settlements With Taxing Authorities
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0 USD
CY2018 us-gaap Unrecognized Tax Benefits Increases Resulting From Settlements With Taxing Authorities
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CY2020Q4 us-gaap Unrecognized Tax Benefits
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CY2019Q4 us-gaap Unrecognized Tax Benefits
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400000 USD
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CY2020Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
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600000 USD
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400000 USD
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1000000.0 USD
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100000 USD
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100000 USD
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300000 USD
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100000 USD
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100000 USD
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100000 USD
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115000000.0 USD
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CY2019Q4 us-gaap Debt Current
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CY2020Q4 us-gaap Long Term Debt And Capital Lease Obligations
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2500000 USD
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1300000 USD
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Rolling Year Three
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1300000 USD
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Rolling Year Four
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1400000 USD
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Rolling Year Five
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76400000 USD
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Rolling After Year Five
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11700000 USD
CY2020Q4 us-gaap Capital Lease Obligations
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100000 USD
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100000 USD
CY2020Q4 us-gaap Capital Leases Future Minimum Payments Due In Rolling Year Two
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0 USD
CY2020Q4 us-gaap Capital Leases Future Minimum Payments Due In Rolling Year Three
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0 USD
CY2020Q4 us-gaap Capital Leases Future Minimum Payments Due In Rolling Year Four
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0 USD
CY2020Q4 us-gaap Capital Leases Future Minimum Payments Due In Rolling Year Five
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0 USD
CY2020Q4 us-gaap Capital Leases Future Minimum Payments Due In Rolling After Year Five
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0 USD
CY2020Q4 us-gaap Debt And Capital Lease Obligations
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94700000 USD
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2600000 USD
CY2020Q4 us-gaap Long Term Debt And Capital Lease Obligations Maturities Repayments Of Principal In Year Two
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1300000 USD
CY2020Q4 us-gaap Long Term Debt And Capital Lease Obligations Maturities Repayments Of Principal In Year Three
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1300000 USD
CY2020Q4 us-gaap Long Term Debt And Capital Lease Obligations Maturities Repayments Of Principal In Year Four
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1400000 USD
CY2020Q4 us-gaap Long Term Debt And Capital Lease Obligations Maturities Repayments Of Principal In Year Five
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76400000 USD
CY2020Q4 us-gaap Long Term Debt And Capital Lease Obligations Maturities Repayments Of Principal After Year Five
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11700000 USD
CY2020Q4 fele Line Of Credit Facility Covenant Compliance Minimum Default Trigger.
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10000000.0 USD
CY2020Q4 us-gaap Common Stock Shares Authorized
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65000000 shares
CY2020Q4 us-gaap Common Stock Par Or Stated Value Per Share
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0.10
CY2020 us-gaap Stock Repurchased And Retired During Period Value
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15200000 USD
CY2019 us-gaap Stock Repurchased And Retired During Period Value
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6600000 USD
CY2018 us-gaap Stock Repurchased And Retired During Period Value
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31400000 USD
CY2020 us-gaap Stock Repurchased And Retired During Period Shares
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322147 shares
CY2019 us-gaap Stock Repurchased And Retired During Period Shares
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150778 shares
CY2018 us-gaap Stock Repurchased And Retired During Period Shares
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749614 shares
CY2020 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
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-1100000 USD
CY2019 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
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-600000 USD
CY2018 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
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300000 USD
CY2018 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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1298100000 USD
CY2020 us-gaap Net Income Loss
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100500000 USD
CY2019 us-gaap Net Income Loss
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95500000 USD
CY2018 us-gaap Net Income Loss
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105900000 USD
CY2020 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
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700000 USD
CY2019 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
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700000 USD
CY2018 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
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800000 USD
CY2020 us-gaap Net Income Loss Available To Common Stockholders Basic
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99800000 USD
CY2019 us-gaap Net Income Loss Available To Common Stockholders Basic
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94800000 USD
CY2018 us-gaap Net Income Loss Available To Common Stockholders Basic
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105100000 USD
CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
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46200000 shares
CY2019 us-gaap Weighted Average Number Of Shares Outstanding Basic
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46400000 shares
CY2018 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
46600000 shares
CY2020 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
500000 shares
CY2019 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
400000 shares
CY2018 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
400000 shares
CY2020 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
46700000 shares
CY2019 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
46800000 shares
CY2018 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
47000000.0 shares
CY2020 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.16
CY2019 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.04
CY2018 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.25
CY2020 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.14
CY2019 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.03
CY2018 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.23
CY2020 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
200000 shares
CY2019 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
200000 shares
CY2018 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
100000 shares
CY2020 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
10100000 USD
CY2019 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
8900000 USD
CY2018 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
8400000 USD
CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1247300000 USD
CY2019 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1314600000 USD
CY2020 us-gaap Operating Income Loss
OperatingIncomeLoss
130500000 USD
CY2020 us-gaap Depreciation
Depreciation
27100000 USD
CY2019 us-gaap Depreciation
Depreciation
27600000 USD
CY2019 us-gaap Operating Income Loss
OperatingIncomeLoss
127100000 USD
CY2018 us-gaap Operating Income Loss
OperatingIncomeLoss
132000000.0 USD
CY2020Q4 us-gaap Assets
Assets
1272300000 USD
CY2019Q4 us-gaap Assets
Assets
1194700000 USD
CY2018Q4 us-gaap Assets
Assets
1182400000 USD
CY2018 us-gaap Depreciation
Depreciation
29700000 USD
CY2020 us-gaap Adjustment For Amortization
AdjustmentForAmortization
9400000 USD
CY2019 us-gaap Adjustment For Amortization
AdjustmentForAmortization
9400000 USD
CY2018 us-gaap Adjustment For Amortization
AdjustmentForAmortization
8900000 USD
CY2020 fele Capital Expenditures Incurred In Year Paid And Not Paid
CapitalExpendituresIncurredInYearPaidAndNotPaid
22900000 USD
CY2019 fele Capital Expenditures Incurred In Year Paid And Not Paid
CapitalExpendituresIncurredInYearPaidAndNotPaid
22100000 USD
CY2018 fele Capital Expenditures Incurred In Year Paid And Not Paid
CapitalExpendituresIncurredInYearPaidAndNotPaid
23400000 USD
CY2019Q4 us-gaap Noncurrent Assets
NoncurrentAssets
618100000 USD
CY2020Q4 us-gaap Noncurrent Assets
NoncurrentAssets
644200000 USD
CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1247300000 USD
CY2019 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1314600000 USD
CY2018 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1298100000 USD
CY2018Q4 us-gaap Noncurrent Assets
NoncurrentAssets
593800000 USD
CY2020 us-gaap Long Term Purchase Commitment Amount
LongTermPurchaseCommitmentAmount
9100000 USD
CY2019Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
9100000 USD
CY2018Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
9000000.0 USD
CY2020 us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
9400000 USD
CY2019 us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
10700000 USD
CY2020 us-gaap Product Warranty Accrual Additions From Business Acquisition
ProductWarrantyAccrualAdditionsFromBusinessAcquisition
600000 USD
CY2019 us-gaap Product Warranty Accrual Additions From Business Acquisition
ProductWarrantyAccrualAdditionsFromBusinessAcquisition
100000 USD
CY2020 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
9400000 USD
CY2019 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
10700000 USD
CY2020Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
9700000 USD
CY2019Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
9100000 USD
CY2020 us-gaap Operating Lease Cost
OperatingLeaseCost
11400000 USD
CY2020 us-gaap Short Term Lease Cost
ShortTermLeaseCost
400000 USD
CY2020Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P3Y10M24D
CY2020Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.037
CY2018 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
17400000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
5900000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
3100000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
34400000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
11900000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
8000000.0 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
2000000.0 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
3500000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
2400000 USD
CY2020Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
32000000.0 USD

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