2016 Q4 Form 10-Q Financial Statement

#000127449416000101 Filed on November 03, 2016

View on sec.gov

Income Statement

Concept 2016 Q4 2016 Q3 2015 Q3
Revenue $330.8M $681.3M $1.271B
YoY Change -77.59% -46.41% 42.79%
Cost Of Revenue $322.9M $510.4M $786.9M
YoY Change -68.68% -35.14% 12.27%
Gross Profit $7.800M $170.9M $484.4M
YoY Change -98.25% -64.72% 155.73%
Gross Profit Margin 2.36% 25.09% 38.1%
Selling, General & Admin $70.60M $60.35M $53.72M
YoY Change 12.24% 12.34% -19.26%
% of Gross Profit 905.13% 35.31% 11.09%
Research & Development $29.50M $32.17M $29.63M
YoY Change -19.62% 8.58% -21.18%
% of Gross Profit 378.21% 18.82% 6.12%
Depreciation & Amortization $58.70M $58.05M $64.99M
YoY Change -8.14% -10.67% 6.99%
% of Gross Profit 752.56% 33.97% 13.42%
Operating Expenses $100.1M $97.58M $86.54M
YoY Change 0.4% 12.76% -17.99%
Operating Profit -$92.30M $73.32M $397.8M
YoY Change -126.74% -81.57% 374.3%
Interest Expense -$2.600M $5.563M $1.775M
YoY Change 213.41% 1894.38%
% of Operating Profit 7.59% 0.45%
Other Income/Expense, Net -$8.500M $6.419M -$1.678M
YoY Change 372.22% -482.54% -4.55%
Pretax Income -$832.2M $77.78M $397.9M
YoY Change -342.2% -80.45% 356.14%
Income Tax $56.10M -$68.21M $48.45M
% Of Pretax Income -87.69% 12.18%
Net Earnings -$750.8M $150.5M $349.3M
YoY Change -455.66% -56.93% 288.85%
Net Earnings / Revenue -226.96% 22.08% 27.48%
Basic Earnings Per Share $1.46 $3.46
Diluted Earnings Per Share -$7.219M $1.45 $3.41
COMMON SHARES
Basic Shares Outstanding 103.9M shares 103.3M shares 100.9M shares
Diluted Shares Outstanding 103.7M shares 102.3M shares

Balance Sheet

Concept 2016 Q4 2016 Q3 2015 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.955B $2.090B $1.810B
YoY Change 6.82% 15.51% 62.23%
Cash & Equivalents $1.347B $1.414B $1.190B
Short-Term Investments $608.0M $676.0M $619.8M
Other Short-Term Assets $74.58M $101.2M $104.6M
YoY Change 57.68% -3.18% 45.42%
Inventory $363.2M $369.1M $379.2M
Prepaid Expenses $42.01M $60.22M $64.34M
Receivables $266.7M $323.0M $328.9M
Other Receivables $37.30M $91.00M $22.90M
Total Short-Term Assets $3.788B $3.465B $3.251B
YoY Change 13.22% 6.58% -0.05%
LONG-TERM ASSETS
Property, Plant & Equipment $629.1M $1.266B $1.330B
YoY Change -51.01% -4.79% -3.93%
Goodwill $14.46M $78.89M $84.99M
YoY Change -82.98% -7.17% 0.0%
Intangibles $87.97M $72.39M $112.5M
YoY Change -20.03% -35.64%
Long-Term Investments $232.3M $424.1M $289.7M
YoY Change -38.1% 46.41% 2705.61%
Other Assets $77.90M $77.15M $65.17M
YoY Change 11.73% 18.37% -11.36%
Total Long-Term Assets $3.037B $4.622B $3.809B
YoY Change -23.53% 21.34% 9.84%
TOTAL ASSETS
Total Short-Term Assets $3.788B $3.465B $3.251B
Total Long-Term Assets $3.037B $4.622B $3.809B
Total Assets $6.824B $8.088B $7.061B
YoY Change -6.72% 14.55% 5.05%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $148.7M $201.8M $303.6M
YoY Change -55.95% -33.52% 38.0%
Accrued Expenses $263.0M $329.0M $412.2M
YoY Change -35.77% -20.19% 18.23%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $28.00M $626.0M $38.70M
YoY Change -26.51% 1517.57% -29.12%
Total Short-Term Liabilities $907.9M $1.407B $896.3M
YoY Change -5.51% 57.02% -2.44%
LONG-TERM LIABILITIES
Long-Term Debt $187.0M $161.1M $246.8M
YoY Change -25.59% -34.72% 50.86%
Other Long-Term Liabilities $371.4M $403.8M $364.5M
YoY Change -5.32% 10.77% 15.0%
Total Long-Term Liabilities $371.4M $403.8M $364.5M
YoY Change -5.32% 10.77% 15.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $907.9M $1.407B $896.3M
Total Long-Term Liabilities $371.4M $403.8M $364.5M
Total Liabilities $1.606B $2.142B $1.672B
YoY Change -9.15% 28.11% 1.53%
SHAREHOLDERS EQUITY
Retained Earnings $2.463B $3.128B $2.626B
YoY Change -11.73% 19.13% 25.78%
Common Stock $2.765B $2.768B $2.734B
YoY Change 0.82% 1.22% 1.94%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $5.218B $5.946B $5.389B
YoY Change
Total Liabilities & Shareholders Equity $6.824B $8.088B $7.061B
YoY Change -6.72% 14.55% 9.64%

Cashflow Statement

Concept 2016 Q4 2016 Q3 2015 Q3
OPERATING ACTIVITIES
Net Income -$750.8M $150.5M $349.3M
YoY Change -455.66% -56.93% 288.85%
Depreciation, Depletion And Amortization $58.70M $58.05M $64.99M
YoY Change -8.14% -10.67% 6.99%
Cash From Operating Activities $268.5M -$84.30M $21.00M
YoY Change 202.36% -501.43% -144.49%
INVESTING ACTIVITIES
Capital Expenditures -$53.60M -$45.80M -$45.20M
YoY Change 97.79% 1.33% -36.34%
Acquisitions
YoY Change
Other Investing Activities $361.9M $66.40M $145.6M
YoY Change -385.86% -54.4% -213.84%
Cash From Investing Activities $308.3M $20.60M $100.4M
YoY Change -300.46% -79.48% -150.45%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -598.7M 550.8M -1.100M
YoY Change 1349.64% -50172.73% -103.63%
NET CHANGE
Cash From Operating Activities 268.5M -84.30M 21.00M
Cash From Investing Activities 308.3M 20.60M 100.4M
Cash From Financing Activities -598.7M 550.8M -1.100M
Net Change In Cash -21.90M 487.1M 120.3M
YoY Change -79.4% 304.9% -155.72%
FREE CASH FLOW
Cash From Operating Activities $268.5M -$84.30M $21.00M
Capital Expenditures -$53.60M -$45.80M -$45.20M
Free Cash Flow $322.1M -$38.50M $66.20M
YoY Change 177.91% -158.16% 178.15%

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AvailableForSaleSecuritiesAmortizedCost
705900000 USD
CY2016Q3 us-gaap Available For Sale Securities Amortized Cost
AvailableForSaleSecuritiesAmortizedCost
676179000 USD
CY2015Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
69000 USD
CY2016Q3 us-gaap Available For Sale Securities Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
89000 USD
CY2015Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Accumulated Loss
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss
2455000 USD
CY2016Q3 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
2767562000 USD
CY2015Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
12213000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
33146000 USD
CY2016Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
5896000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
24467000 USD
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2000 USD
CY2016Q3 us-gaap Allowance For Doubtful Accounts Receivable Current
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0 USD
CY2015Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
3000000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
6300000 USD
CY2016Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
2100000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
8100000 USD
CY2015Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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46000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
64000 shares
CY2016Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
411000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
282000 shares
us-gaap Asset Impairment Charges
AssetImpairmentCharges
8307000 USD
us-gaap Asset Impairment Charges
AssetImpairmentCharges
85251000 USD
CY2015Q4 us-gaap Assets
Assets
7316331000 USD
CY2016Q3 us-gaap Assets
Assets
8087660000 USD
CY2015Q4 us-gaap Assets Current
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3345586000 USD
CY2016Q3 us-gaap Assets Current
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3465418000 USD
CY2015Q4 us-gaap Available For Sale Securities Accumulated Gross Unrealized Gain Before Tax
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9000 USD
CY2015Q4 us-gaap Available For Sale Securities Accumulated Gross Unrealized Gain Loss Before Tax
AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainLossBeforeTax
-2400000 USD
CY2016Q3 us-gaap Available For Sale Securities Accumulated Gross Unrealized Gain Loss Before Tax
AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainLossBeforeTax
-200000 USD
CY2015Q4 us-gaap Available For Sale Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
2455000 USD
CY2016Q3 us-gaap Available For Sale Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
964000 USD
CY2016Q3 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Accumulated Loss
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964000 USD
CY2015Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue
660524000 USD
CY2016Q3 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue
369850000 USD
CY2015Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
2386000 USD
CY2016Q3 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
875000 USD
CY2015Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue
629033000 USD
CY2016Q3 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue
318445000 USD
CY2015Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue
31491000 USD
CY2016Q3 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue
51405000 USD
CY2015Q4 us-gaap Available For Sale Securities Current
AvailableForSaleSecuritiesCurrent
703454000 USD
CY2016Q3 us-gaap Available For Sale Securities Current
AvailableForSaleSecuritiesCurrent
675985000 USD
us-gaap Availableforsale Securities Gross Realized Gain Loss Excluding Other Than Temporary Impairments
AvailableforsaleSecuritiesGrossRealizedGainLossExcludingOtherThanTemporaryImpairments
0 USD
us-gaap Availableforsale Securities Gross Realized Gain Loss Excluding Other Than Temporary Impairments
AvailableforsaleSecuritiesGrossRealizedGainLossExcludingOtherThanTemporaryImpairments
38101000 USD
CY2015Q4 us-gaap Availableforsale Securities In Unrealized Loss Positions Qualitative Disclosure Number Of Positions Greater Than Or Equal To One Year
AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsGreaterThanOrEqualToOneYear
2 Investments
CY2016Q3 us-gaap Availableforsale Securities In Unrealized Loss Positions Qualitative Disclosure Number Of Positions Greater Than Or Equal To One Year
AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsGreaterThanOrEqualToOneYear
3 Investments
CY2015Q4 us-gaap Availableforsale Securities Restricted Noncurrent
AvailableforsaleSecuritiesRestrictedNoncurrent
326114000 USD
CY2016Q3 us-gaap Availableforsale Securities Restricted Noncurrent
AvailableforsaleSecuritiesRestrictedNoncurrent
406618000 USD
CY2015Q4 us-gaap Billings In Excess Of Cost Current
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87942000 USD
CY2016Q3 us-gaap Billings In Excess Of Cost Current
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80830000 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
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24266000 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
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29341000 USD
CY2014Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1482054000 USD
CY2015Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1189703000 USD
CY2015Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1126826000 USD
CY2016Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1414219000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-292351000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
287393000 USD
CY2015Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2016Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2015Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2016Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2015Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
500000000 shares
CY2016Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
500000000 shares
CY2015Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
101766797 shares
CY2016Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
103912069 shares
CY2015Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
101766797 shares
CY2016Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
103912069 shares
CY2015Q4 us-gaap Common Stock Value
CommonStockValue
102000 USD
CY2016Q3 us-gaap Common Stock Value
CommonStockValue
104000 USD
CY2015Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
364821000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
360637000 USD
CY2016Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
147371000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
372503000 USD
CY2015Q4 us-gaap Contract Receivable Retainage
ContractReceivableRetainage
18966000 USD
CY2016Q3 us-gaap Contract Receivable Retainage
ContractReceivableRetainage
21563000 USD
CY2015Q4 us-gaap Cost Method Investments
CostMethodInvestments
24450000 USD
CY2016Q3 us-gaap Cost Method Investments
CostMethodInvestments
24847000 USD
CY2015Q3 us-gaap Cost Of Goods Sold
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786880000 USD
us-gaap Cost Of Goods Sold
CostOfGoodsSold
1948842000 USD
CY2016Q3 us-gaap Cost Of Goods Sold
CostOfGoodsSold
501749000 USD
us-gaap Cost Of Goods Sold
CostOfGoodsSold
1830504000 USD
CY2015Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
300392000 USD
CY2016Q3 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
796148000 USD
CY2015Q4 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
10977000 USD
CY2016Q3 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
8991000 USD
CY2015Q4 us-gaap Debt Longterm And Shortterm Combined Amount
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289415000 USD
CY2016Q3 us-gaap Debt Longterm And Shortterm Combined Amount
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787157000 USD
us-gaap Deferred Income Taxes And Tax Credits
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-7050000 USD
us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
-5399000 USD
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.28
CY2015Q4 us-gaap Deferred Rent Receivables Net
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23317000 USD
CY2016Q3 us-gaap Deferred Rent Receivables Net
DeferredRentReceivablesNet
32832000 USD
CY2015Q4 us-gaap Deferred Revenue
DeferredRevenue
17957000 USD
CY2016Q3 us-gaap Deferred Revenue
DeferredRevenue
8482000 USD
CY2015Q4 us-gaap Deferred Tax Assets Net Noncurrent
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357693000 USD
CY2016Q3 us-gaap Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
347081000 USD
us-gaap Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
193923000 USD
us-gaap Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
172221000 USD
CY2015Q3 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
64985000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
193560000 USD
CY2016Q3 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
58053000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
173468000 USD
CY2015Q4 us-gaap Derivative Assets Current
DerivativeAssetsCurrent
2691000 USD
CY2016Q3 us-gaap Derivative Assets Current
DerivativeAssetsCurrent
472000 USD
us-gaap Derivative Instruments Gain Loss Recognized In Other Comprehensive Income Effective Portion Net
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-10648000 USD
us-gaap Derivative Instruments Gain Loss Recognized In Other Comprehensive Income Effective Portion Net
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5143000 USD
CY2015Q4 us-gaap Derivative Liabilities Current
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16450000 USD
CY2016Q3 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
6387000 USD
CY2015Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.46
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.80
CY2016Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.49
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.30
CY2015Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.41
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.75
CY2016Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.49
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-18425000 USD
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
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6742000 USD
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0.023 pure
us-gaap Effective Income Tax Rate Continuing Operations
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-0.025 pure
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.350 pure
CY2015Q4 us-gaap Employee Related Liabilities Current
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63699000 USD
CY2016Q3 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
49981000 USD
CY2015Q3 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
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844000 USD
us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
1674000 USD
CY2016Q3 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
160000 USD
us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
169000 USD
CY2015Q3 us-gaap Equity Method Investment Other Than Temporary Impairment
EquityMethodInvestmentOtherThanTemporaryImpairment
0 USD
us-gaap Equity Method Investment Other Than Temporary Impairment
EquityMethodInvestmentOtherThanTemporaryImpairment
0 USD
CY2016Q3 us-gaap Equity Method Investment Other Than Temporary Impairment
EquityMethodInvestmentOtherThanTemporaryImpairment
0 USD
us-gaap Equity Method Investment Other Than Temporary Impairment
EquityMethodInvestmentOtherThanTemporaryImpairment
0 USD
CY2015Q4 us-gaap Equity Method Investments
EquityMethodInvestments
375355000 USD
CY2016Q3 us-gaap Equity Method Investments
EquityMethodInvestments
424116000 USD
us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
23333000 USD
us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
18169000 USD
us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
23333000 USD
us-gaap Gross Profit
GrossProfit
640390000 USD
CY2015Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
397887000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
389780000 USD
CY2016Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
93150000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
304761000 USD
CY2015Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-115000 USD
us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
18169000 USD
CY2015Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
10633000 USD
CY2016Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
18725000 USD
CY2015Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
120635000 USD
CY2016Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
127326000 USD
CY2015Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
110002000 USD
CY2016Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
72386000 USD
CY2015Q3 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-1803000 USD
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-4981000 USD
CY2016Q3 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-2296000 USD
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-8259000 USD
us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
10341000 USD
us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
4054000 USD
CY2015Q4 us-gaap Goodwill
Goodwill
84985000 USD
CY2016Q3 us-gaap Goodwill
Goodwill
78888000 USD
CY2015Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
393365000 USD
CY2016Q3 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
399462000 USD
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
6097000 USD
us-gaap Goodwill Period Increase Decrease
GoodwillPeriodIncreaseDecrease
-6097000 USD
CY2015Q3 us-gaap Gross Profit
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484365000 USD
us-gaap Gross Profit
GrossProfit
687829000 USD
CY2016Q3 us-gaap Gross Profit
GrossProfit
186280000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
1640000 USD
CY2016Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
10474000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
25647000 USD
CY2015Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
48454000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
9134000 USD
CY2016Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-50522000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-7711000 USD
CY2015Q4 us-gaap Income Tax Receivable
IncomeTaxReceivable
4071000 USD
CY2016Q3 us-gaap Income Tax Receivable
IncomeTaxReceivable
4231000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
108742000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-143663000 USD
us-gaap Increase Decrease In Accounts Receivable
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351320000 USD
us-gaap Increase Decrease In Accounts Receivable
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22791000 USD
us-gaap Increase Decrease In Accrued Income Taxes Payable
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-19169000 USD
us-gaap Increase Decrease In Accrued Income Taxes Payable
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-14798000 USD
us-gaap Increase Decrease In Accrued Liabilities
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-113905000 USD
us-gaap Increase Decrease In Accrued Liabilities
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-2812000 USD
us-gaap Increase Decrease In Other Operating Assets
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2299000 USD
us-gaap Increase Decrease In Other Operating Assets
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11234000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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37282000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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47300000 USD
us-gaap Increase Decrease In Restricted Cash
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-21360000 USD
us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
-44171000 USD
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110002000 USD
CY2016Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
72386000 USD
CY2015Q3 us-gaap Interest Costs Incurred
InterestCostsIncurred
5697000 USD
us-gaap Interest Costs Incurred
InterestCostsIncurred
13923000 USD
CY2016Q3 us-gaap Interest Costs Incurred
InterestCostsIncurred
5998000 USD
us-gaap Interest Costs Incurred
InterestCostsIncurred
20365000 USD
CY2015Q3 us-gaap Interest Expense
InterestExpense
1775000 USD
us-gaap Interest Expense
InterestExpense
2795000 USD
CY2016Q3 us-gaap Interest Expense
InterestExpense
5563000 USD
us-gaap Interest Expense
InterestExpense
17356000 USD
CY2015Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
309369000 USD
CY2016Q3 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
292741000 USD
CY2015Q4 us-gaap Inventory For Long Term Contracts Or Programs
InventoryForLongTermContractsOrPrograms
136889000 USD
CY2016Q3 us-gaap Inventory For Long Term Contracts Or Programs
InventoryForLongTermContractsOrPrograms
77942000 USD
CY2015Q4 us-gaap Inventory Net
InventoryNet
380424000 USD
CY2016Q3 us-gaap Inventory Net
InventoryNet
369086000 USD
CY2015Q4 us-gaap Inventory Noncurrent
InventoryNoncurrent
107759000 USD
CY2016Q3 us-gaap Inventory Noncurrent
InventoryNoncurrent
102162000 USD
CY2015Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
159078000 USD
CY2016Q3 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
155591000 USD
CY2015Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
19736000 USD
CY2016Q3 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
22916000 USD
CY2015Q3 us-gaap Investment Income Interest
InvestmentIncomeInterest
5322000 USD
us-gaap Investment Income Interest
InvestmentIncomeInterest
16444000 USD
CY2016Q3 us-gaap Investment Income Interest
InvestmentIncomeInterest
5894000 USD
us-gaap Investment Income Interest
InvestmentIncomeInterest
18829000 USD
CY2015Q4 us-gaap Investments And Cash
InvestmentsAndCash
1830280000 USD
CY2016Q3 us-gaap Investments And Cash
InvestmentsAndCash
2090204000 USD
CY2015Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
399805000 USD
CY2016Q3 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
448963000 USD
CY2015Q4 us-gaap Liabilities
Liabilities
1767844000 USD
CY2016Q3 us-gaap Liabilities
Liabilities
2141901000 USD
CY2015Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
7316331000 USD
CY2016Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
8087660000 USD
CY2015Q4 us-gaap Liabilities Current
LiabilitiesCurrent
960800000 USD
CY2016Q3 us-gaap Liabilities Current
LiabilitiesCurrent
1407324000 USD
CY2016Q3 us-gaap Long Term Debt
LongTermDebt
795457000 USD
CY2015Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
251325000 USD
CY2016Q3 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
161131000 USD
CY2015Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
38090000 USD
CY2016Q3 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
626026000 USD
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0 USD
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0 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
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0 USD
CY2016Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
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us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
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0 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
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36000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
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us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
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us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Tax
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32173000 USD
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2636671000 USD
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5525000 USD
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us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
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1132000 shares
CY2016Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
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394000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
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566000 shares
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us-gaap Weighted Average Number Of Diluted Shares Outstanding
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us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2016Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
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us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
102496000 shares
us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;text-indent:26px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Use of Estimates.</font><font style="font-family:inherit;font-size:10pt;"> The preparation of condensed consolidated financial statements in conformity with U.S.&#160;GAAP requires us to make estimates and assumptions that affect the amounts reported in our condensed consolidated financial statements and the accompanying notes. On an ongoing basis, we evaluate our estimates, including those related to percentage-of-completion revenue recognition, inventory valuation, recoverability of project assets and photovoltaic (&#8220;PV&#8221;) solar power systems, estimates of future cash flows from and the economic useful lives of long-lived assets, asset retirement obligations, certain accrued liabilities, income taxes and tax valuation allowances, reportable segment allocations, product warranties and manufacturing excursions, solar module collection and recycling liabilities, and applying the acquisition method of accounting for business combinations and goodwill. Despite our intention to establish accurate estimates and reasonable assumptions, actual results could differ materially from these estimates and assumptions.</font></div></div>

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