2018 Q2 Form 10-Q Financial Statement

#000159036418000010 Filed on August 03, 2018

View on sec.gov

Income Statement

Concept 2018 Q2 2017 Q2
Revenue $63.19M $51.19M
YoY Change 23.43% 54.22%
Cost Of Revenue $4.500M $3.900M
YoY Change 15.38% -7.14%
Gross Profit $67.50M $47.30M
YoY Change 42.71% 63.1%
Gross Profit Margin 106.82% 92.39%
Selling, General & Admin $4.600M $3.300M
YoY Change 39.39% -2.94%
% of Gross Profit 6.81% 6.98%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $32.84M $20.22M
YoY Change 62.43% 37.55%
% of Gross Profit 48.66% 42.75%
Operating Expenses $27.59M $21.32M
YoY Change 29.4% 21.5%
Operating Profit $39.91M $25.98M
YoY Change 53.63% 126.88%
Interest Expense $12.86M $7.684M
YoY Change 67.32% 50.08%
% of Operating Profit 32.22% 29.58%
Other Income/Expense, Net $5.983M $1.776M
YoY Change 236.88% -128.49%
Pretax Income -$6.168M -$5.345M
YoY Change 15.4% -73.11%
Income Tax $534.0K $464.0K
% Of Pretax Income
Net Earnings $839.0K -$1.460M
YoY Change -157.47% -86.96%
Net Earnings / Revenue 1.33% -2.85%
Basic Earnings Per Share $0.01 -$0.02
Diluted Earnings Per Share $0.01 -$0.02
COMMON SHARES
Basic Shares Outstanding 83.16M shares 75.76M shares
Diluted Shares Outstanding 83.16M shares 75.76M shares

Balance Sheet

Concept 2018 Q2 2017 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $40.30M $32.60M
YoY Change 23.62% -88.2%
Cash & Equivalents $40.32M $32.58M
Short-Term Investments
Other Short-Term Assets $33.50M $51.50M
YoY Change -34.95% -26.01%
Inventory
Prepaid Expenses
Receivables $41.90M $26.70M
Other Receivables $0.00 $0.00
Total Short-Term Assets $115.7M $110.8M
YoY Change 4.42% -69.61%
LONG-TERM ASSETS
Property, Plant & Equipment $599.7M $426.9M
YoY Change 40.48% 41.1%
Goodwill $116.6M $116.6M
YoY Change 0.0% 0.0%
Intangibles $36.02M $34.71M
YoY Change 3.78% -12.65%
Long-Term Investments $43.40M $58.19M
YoY Change -25.41% 483.31%
Other Assets
YoY Change
Total Long-Term Assets $2.096B $1.633B
YoY Change 28.33% 34.96%
TOTAL ASSETS
Total Short-Term Assets $115.7M $110.8M
Total Long-Term Assets $2.096B $1.633B
Total Assets $2.211B $1.744B
YoY Change 26.81% 10.74%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $83.90M $48.30M
YoY Change 73.71% 43.75%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $7.795M $8.078M
YoY Change -3.5% -3.18%
Total Short-Term Liabilities $122.6M $80.70M
YoY Change 51.92% 58.86%
LONG-TERM LIABILITIES
Long-Term Debt $855.0M $486.7M
YoY Change 75.67% 85.13%
Other Long-Term Liabilities $144.4M $75.00M
YoY Change 92.53% 63.4%
Total Long-Term Liabilities $999.4M $561.7M
YoY Change 77.92% 81.9%
TOTAL LIABILITIES
Total Short-Term Liabilities $122.6M $80.70M
Total Long-Term Liabilities $999.4M $561.7M
Total Liabilities $1.122B $642.5M
YoY Change 74.63% 78.66%
SHAREHOLDERS EQUITY
Retained Earnings -$38.43M -$44.71M
YoY Change -14.04% 25.08%
Common Stock $828.0K $758.0K
YoY Change 9.23% 0.13%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.028B $996.8M
YoY Change
Total Liabilities & Shareholders Equity $2.211B $1.744B
YoY Change 26.81% 10.74%

Cashflow Statement

Concept 2018 Q2 2017 Q2
OPERATING ACTIVITIES
Net Income $839.0K -$1.460M
YoY Change -157.47% -86.96%
Depreciation, Depletion And Amortization $32.84M $20.22M
YoY Change 62.43% 37.55%
Cash From Operating Activities $47.70M $15.60M
YoY Change 205.77% 225.0%
INVESTING ACTIVITIES
Capital Expenditures -$232.4M -$197.1M
YoY Change 17.91% 236.35%
Acquisitions
YoY Change
Other Investing Activities $20.80M $16.50M
YoY Change 26.06% 189.47%
Cash From Investing Activities -$211.6M -$180.6M
YoY Change 17.17% 241.4%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 131.1M -28.20M
YoY Change -564.89% 19.49%
NET CHANGE
Cash From Operating Activities 47.70M 15.60M
Cash From Investing Activities -211.6M -180.6M
Cash From Financing Activities 131.1M -28.20M
Net Change In Cash -32.80M -193.2M
YoY Change -83.02% 169.46%
FREE CASH FLOW
Cash From Operating Activities $47.70M $15.60M
Capital Expenditures -$232.4M -$197.1M
Free Cash Flow $280.1M $212.7M
YoY Change 31.69% 235.49%

Facts In Submission

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0.01
CY2018Q2 us-gaap Common Stock Par Or Stated Value Per Share
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0.01
CY2017Q4 us-gaap Common Stock Shares Authorized
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2000000000 shares
CY2018Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
2000000000 shares
CY2017Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
75771738 shares
CY2018Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
82787466 shares
CY2017Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
75771738 shares
CY2018Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
82787466 shares
CY2017Q4 us-gaap Common Stock Value
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758000 USD
CY2018Q2 us-gaap Common Stock Value
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us-gaap Comprehensive Income Net Of Tax
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CY2018Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
839000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
267000 USD
CY2017Q2 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
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us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
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CY2018Q2 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
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us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-16049000 USD
CY2017Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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-11945000 USD
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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-16297000 USD
CY2018Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-6449000 USD
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-15782000 USD
CY2018Q2 us-gaap Current Foreign Tax Expense Benefit
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33000 USD
CY2017Q1 us-gaap Debt Instrument Interest Rate Stated Percentage
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0.0275
CY2017Q2 us-gaap Deferred Federal Income Tax Expense Benefit
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44000 USD
CY2017Q2 us-gaap Current Foreign Tax Expense Benefit
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20000 USD
us-gaap Deferred Federal Income Tax Expense Benefit
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48000 USD
CY2018Q2 us-gaap Deferred Federal Income Tax Expense Benefit
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389000 USD
us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
41000 USD
us-gaap Current Foreign Tax Expense Benefit
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50000 USD
us-gaap Deferred Federal Income Tax Expense Benefit
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677000 USD
CY2018Q2 us-gaap Deferred Finance Costs Ownshare Lending Arrangement Issuance Costs Net
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511000 USD
CY2017Q2 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
210000 USD
us-gaap Deferred Foreign Income Tax Expense Benefit
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223000 USD
CY2017Q2 us-gaap Costs And Expenses
CostsAndExpenses
58315000 USD
us-gaap Costs And Expenses
CostsAndExpenses
110579000 USD
CY2018Q2 us-gaap Costs And Expenses
CostsAndExpenses
83870000 USD
us-gaap Costs And Expenses
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161998000 USD
CY2017Q2 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
195000 USD
us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
316000 USD
CY2018Q2 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
42000 USD
us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
171000 USD
CY2017Q2 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
210000 USD
us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
405000 USD
CY2018Q2 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
87000 USD
us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
252000 USD
CY2017Q2 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
-5000 USD
us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
48000 USD
CY2018Q2 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
12000 USD
us-gaap Current State And Local Tax Expense Benefit
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31000 USD
CY2017Q4 us-gaap Debt Instrument Carrying Amount
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714687000 USD
CY2018Q2 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
873696000 USD
CY2017Q2 us-gaap Debt Instrument Convertible Conversion Ratio1
DebtInstrumentConvertibleConversionRatio1
1.65
CY2018Q2 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
0 USD
us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
0 USD
CY2017Q2 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
254000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
271000 USD
CY2018Q2 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
447000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
777000 USD
us-gaap Deferred Income Taxes And Tax Credits
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80000 USD
us-gaap Deferred Income Taxes And Tax Credits
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564000 USD
CY2017Q2 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
0 USD
us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
0 USD
CY2018Q2 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
58000 USD
us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
100000 USD
CY2017Q2 us-gaap Depreciation
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3353000 USD
us-gaap Depreciation
Depreciation
6657000 USD
CY2018Q2 us-gaap Depreciation
Depreciation
5166000 USD
us-gaap Depreciation
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10162000 USD
CY2017Q2 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
20221000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
37598000 USD
CY2018Q2 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
32844000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
62431000 USD
CY2017Q4 us-gaap Derivative Asset Notional Amount
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1022000 USD
CY2018Q2 us-gaap Derivative Asset Notional Amount
DerivativeAssetNotionalAmount
840000 USD
CY2017Q2 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
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0 USD
us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
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0 USD
CY2018Q2 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
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us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
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182000 USD
CY2017Q2 us-gaap Earnings Per Share Basic
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us-gaap Earnings Per Share Basic
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CY2018Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.01
us-gaap Earnings Per Share Basic
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0.00
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us-gaap Earnings Per Share Basic And Diluted
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CY2018Q2 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.01
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.00
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us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.08
CY2018Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.01
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.00
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.21
CY2018Q2 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
1880000 USD
CY2017Q4 us-gaap Equity Method Investments
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42538000 USD
CY2018Q2 us-gaap Equity Method Investments
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43404000 USD
CY2017Q2 us-gaap Gain Loss On Disposition Of Assets
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1999000 USD
us-gaap Gain Loss On Disposition Of Assets
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4017000 USD
CY2018Q2 us-gaap Gain Loss On Disposition Of Assets
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4996000 USD
us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
4991000 USD
CY2017Q2 us-gaap Gains Losses On Extinguishment Of Debt
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0 USD
us-gaap Gains Losses On Extinguishment Of Debt
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CY2018Q2 us-gaap Gains Losses On Extinguishment Of Debt
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0 USD
us-gaap Gains Losses On Extinguishment Of Debt
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0 USD
CY2017Q2 us-gaap General And Administrative Expense
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3341000 USD
us-gaap General And Administrative Expense
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7176000 USD
CY2018Q2 us-gaap General And Administrative Expense
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4573000 USD
us-gaap General And Administrative Expense
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8159000 USD
CY2017Q4 us-gaap Goodwill
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CY2018Q2 us-gaap Goodwill
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CY2017Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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-14345000 USD
CY2018Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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-14753000 USD
CY2017Q2 us-gaap Income Loss From Equity Method Investments
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-327000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-1593000 USD
CY2018Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
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us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
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CY2017Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
464000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
676000 USD
us-gaap Income Taxes Paid Net
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465000 USD
CY2018Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
534000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1029000 USD
CY2017Q2 us-gaap Income Taxes Paid Net
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592000 USD
us-gaap Income Taxes Paid Net
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595000 USD
CY2018Q2 us-gaap Income Taxes Paid Net
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474000 USD
CY2017Q4 us-gaap Intangible Assets Net Excluding Goodwill
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40043000 USD
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36019000 USD
CY2017Q2 us-gaap Interest Expense
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7684000 USD
us-gaap Interest Expense
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12378000 USD
CY2018Q2 us-gaap Interest Expense
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CY2017Q4 us-gaap Members Equity
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us-gaap Interest Expense
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24728000 USD
CY2018Q2 us-gaap Members Equity
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CY2017Q4 us-gaap Members Equity Attributable To Noncontrolling Interest
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us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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1871000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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22091000 USD
us-gaap Increase Decrease In Accounts Receivable
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6268000 USD
us-gaap Increase Decrease In Accounts Receivable
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10064000 USD
us-gaap Increase Decrease In Due To Related Parties
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-578000 USD
us-gaap Increase Decrease In Due To Related Parties
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-668000 USD
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-9909000 USD
us-gaap Increase Decrease In Other Operating Assets
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10318000 USD
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us-gaap Increase Decrease In Other Operating Liabilities
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2835000 USD
CY2017Q2 us-gaap Interest Income Expense Net
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84000 USD
us-gaap Interest Income Expense Net
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367000 USD
CY2018Q2 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
74000 USD
us-gaap Interest Income Expense Net
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250000 USD
CY2017Q4 us-gaap Inventory Gross
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CY2018Q2 us-gaap Inventory Gross
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15313000 USD
CY2017Q2 us-gaap Lease And Rental Expense
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1279000 USD
us-gaap Lease And Rental Expense
LeaseAndRentalExpense
2520000 USD
CY2018Q2 us-gaap Lease And Rental Expense
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999000 USD
us-gaap Lease And Rental Expense
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2156000 USD
CY2017Q4 us-gaap Liabilities
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CY2018Q2 us-gaap Liabilities
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1121946000 USD
CY2017Q4 us-gaap Liabilities And Stockholders Equity
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CY2018Q2 us-gaap Liabilities And Stockholders Equity
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2211272000 USD
CY2017Q4 us-gaap Limited Liability Company Llc Members Equity Including Portion Attributable To Noncontrolling Interest
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1035075000 USD
CY2018Q2 us-gaap Limited Liability Company Llc Members Equity Including Portion Attributable To Noncontrolling Interest
LimitedLiabilityCompanyLlcMembersEquityIncludingPortionAttributableToNoncontrollingInterest
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CY2017Q4 us-gaap Long Term Debt
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CY2018Q2 us-gaap Long Term Debt
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CY2017Q4 us-gaap Long Term Debt Current
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7795000 USD
CY2018Q2 us-gaap Members Equity Attributable To Noncontrolling Interest
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us-gaap Net Cash Provided By Used In Financing Activities
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186087000 USD
us-gaap Net Cash Provided By Used In Financing Activities
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246978000 USD
us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Net Cash Provided By Used In Operating Activities
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33275000 USD
us-gaap Net Cash Provided By Used In Operating Activities
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59152000 USD
CY2017Q2 us-gaap Net Income Loss
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us-gaap Net Income Loss
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CY2018Q2 us-gaap Net Income Loss
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839000 USD
us-gaap Net Income Loss
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267000 USD
CY2017Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
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us-gaap Net Income Loss Attributable To Noncontrolling Interest
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-9147000 USD
CY2018Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
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us-gaap Net Income Loss Attributable To Noncontrolling Interest
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us-gaap Noncash Or Part Noncash Acquisition Fixed Assets Acquired1
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30915000 USD
us-gaap Noncash Or Part Noncash Acquisition Fixed Assets Acquired1
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3621000 USD
us-gaap Noncontrolling Interest Decrease From Deconsolidation
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3705000 USD
CY2017Q2 us-gaap Nonoperating Income Expense
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1776000 USD
us-gaap Nonoperating Income Expense
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367000 USD
CY2018Q2 us-gaap Nonoperating Income Expense
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5976000 USD
us-gaap Nonoperating Income Expense
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6422000 USD
CY2017Q4 us-gaap Notes Receivable Net
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CY2018Q2 us-gaap Notes Receivable Net
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16293000 USD
us-gaap Number Of Operating Segments
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2 segment
us-gaap Number Of Reportable Segments
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6 segment
CY2017Q2 us-gaap Operating Expenses
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21324000 USD
us-gaap Operating Expenses
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42337000 USD
CY2018Q2 us-gaap Operating Expenses
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27593000 USD
us-gaap Operating Expenses
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55172000 USD
CY2017Q2 us-gaap Operating Leases Income Statement Depreciation Expense On Property Subject To Or Held For Lease
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15969000 USD
us-gaap Operating Leases Income Statement Depreciation Expense On Property Subject To Or Held For Lease
OperatingLeasesIncomeStatementDepreciationExpenseOnPropertySubjectToOrHeldForLease
29142000 USD
CY2018Q2 us-gaap Operating Leases Income Statement Depreciation Expense On Property Subject To Or Held For Lease
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26779000 USD
us-gaap Operating Leases Income Statement Depreciation Expense On Property Subject To Or Held For Lease
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50470000 USD
CY2017Q4 us-gaap Other Assets
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59436000 USD
CY2018Q2 us-gaap Other Assets
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79781000 USD
CY2017Q2 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
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us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
-1276000 USD
CY2018Q2 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
0 USD
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
0 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
0 USD
CY2017Q4 us-gaap Other Liabilities
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18520000 USD
CY2018Q2 us-gaap Other Liabilities
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21813000 USD
CY2017Q2 us-gaap Other Nonoperating Income Expense
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20000 USD
us-gaap Other Nonoperating Income Expense
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32000 USD
CY2018Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
1157000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
1337000 USD
us-gaap Other Operating Activities Cash Flow Statement
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331000 USD
us-gaap Other Operating Activities Cash Flow Statement
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21000 USD
us-gaap Payments For Advance To Affiliate
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21172000 USD
us-gaap Payments For Advance To Affiliate
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1115000 USD
CY2016 us-gaap Payments Of Distributions To Affiliates
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0 USD
us-gaap Payments Of Distributions To Affiliates
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3700000 USD
us-gaap Payments Of Dividends
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50024000 USD
us-gaap Payments Of Dividends
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54662000 USD
us-gaap Payments Of Financing Costs
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2722000 USD
us-gaap Payments Of Financing Costs
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1819000 USD
us-gaap Payments Of Stock Issuance Costs
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0 USD
us-gaap Payments Of Stock Issuance Costs
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789000 USD
us-gaap Payments To Acquire Equipment On Lease
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224070000 USD
us-gaap Payments To Acquire Equipment On Lease
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205819000 USD
us-gaap Payments To Acquire Intangible Assets
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197000 USD
us-gaap Payments To Acquire Intangible Assets
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2225000 USD
us-gaap Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
0 USD
us-gaap Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
912000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
50688000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
124039000 USD
us-gaap Proceeds From Collection Of Lease Receivables
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225000 USD
us-gaap Proceeds From Collection Of Lease Receivables
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539000 USD
us-gaap Proceeds From Issuance Of Common Stock
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0 USD
us-gaap Repayments Of Long Term Debt
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11875000 USD
us-gaap Repayments Of Long Term Debt
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45874000 USD
CY2017Q4 us-gaap Restricted Cash And Cash Equivalents
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33406000 USD
CY2018Q2 us-gaap Restricted Cash And Cash Equivalents
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33526000 USD
CY2017Q4 us-gaap Retained Earnings Accumulated Deficit
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CY2018Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-38432000 USD
CY2017Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
51194000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
95867000 USD
us-gaap Proceeds From Issuance Of Common Stock
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128450000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
243911000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
204350000 USD
us-gaap Proceeds From Sale Of Other Assets Investing Activities
ProceedsFromSaleOfOtherAssetsInvestingActivities
2505000 USD
us-gaap Proceeds From Sale Of Other Assets Investing Activities
ProceedsFromSaleOfOtherAssetsInvestingActivities
240000 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
51000 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
31000 USD
CY2017Q2 us-gaap Profit Loss
ProfitLoss
-5809000 USD
us-gaap Profit Loss
ProfitLoss
-15021000 USD
CY2018Q2 us-gaap Profit Loss
ProfitLoss
-6449000 USD
us-gaap Profit Loss
ProfitLoss
-15782000 USD
us-gaap Property Plant And Equipment Additions
PropertyPlantAndEquipmentAdditions
119916000 USD
CY2017Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
528925000 USD
CY2018Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
648951000 USD
CY2017Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
489949000 USD
CY2018Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
599723000 USD
us-gaap Property Plant And Equipment Number Of Aircraft Sold
PropertyPlantAndEquipmentNumberOfAircraftSold
1 aircraft
us-gaap Property Plant And Equipment Number Of Aircraft Sold
PropertyPlantAndEquipmentNumberOfAircraftSold
1 aircraft
CY2017Q4 us-gaap Property Subject To Or Available For Operating Lease Accumulated Depreciation
PropertySubjectToOrAvailableForOperatingLeaseAccumulatedDepreciation
143732000 USD
CY2018Q2 us-gaap Property Subject To Or Available For Operating Lease Accumulated Depreciation
PropertySubjectToOrAvailableForOperatingLeaseAccumulatedDepreciation
186436000 USD
CY2017Q4 us-gaap Property Subject To Or Available For Operating Lease Gross
PropertySubjectToOrAvailableForOperatingLeaseGross
1217862000 USD
CY2018Q2 us-gaap Property Subject To Or Available For Operating Lease Gross
PropertySubjectToOrAvailableForOperatingLeaseGross
1390177000 USD
CY2017Q4 us-gaap Property Subject To Or Available For Operating Lease Net
PropertySubjectToOrAvailableForOperatingLeaseNet
1074130000 USD
CY2018Q2 us-gaap Property Subject To Or Available For Operating Lease Net
PropertySubjectToOrAvailableForOperatingLeaseNet
1203741000 USD
CY2017Q2 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
32000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
63000 USD
CY2018Q2 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
80000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
1521000 USD
CY2018Q2 us-gaap Ratio Of Indebtedness To Net Capital1
RatioOfIndebtednessToNetCapital1
3
CY2017Q2 us-gaap Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
3865000 USD
us-gaap Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
7758000 USD
CY2018Q2 us-gaap Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
4495000 USD
us-gaap Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
8234000 USD
CY2018Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
71979000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
140823000 USD
CY2018Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
340826000 USD
CY2018Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
78787000 USD
CY2018Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
106395000 USD
CY2018Q2 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P3Y
CY2018Q2 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P4Y
CY2017Q4 us-gaap Security Deposit Liability
SecurityDepositLiability
27257000 USD
CY2018Q2 us-gaap Security Deposit Liability
SecurityDepositLiability
30850000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.072
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.193
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.027
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P5Y
CY2018Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
69944000 USD
CY2018Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
44522000 USD
CY2018Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
25023000 USD
CY2018Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
16155000 USD
CY2018Q2 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P6M
CY2018Q2 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P1Y
CY2018Q2 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P2Y
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
127963000 USD
CY2018Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1089326000 USD
CY2017Q4 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
11423000 USD
CY2018Q2 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
10950000 USD
CY2017Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
75762674 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
75762480 shares
CY2018Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
83160047 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
82351858 shares
CY2017Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
75762674 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
75762480 shares
CY2018Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
83160037 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
82351736 shares
us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:8px;padding-top:12px;text-align:justify;padding-left:24px;font-size:9pt;"><font style="font-family:Arial;font-size:9pt;color:#00497f;font-style:italic;font-weight:bold;">Concentration of Credit Risk</font><font style="font-family:Arial;font-size:9pt;color:#00497f;">&#8212;</font><font style="font-family:Arial;font-size:9pt;">We are subject to concentrations of credit risk with respect to amounts due from customers on our finance lease and operating leases. We attempt to limit our credit risk by performing ongoing credit evaluations. During the </font><font style="font-family:Arial;font-size:9pt;">three and six</font><font style="font-family:Arial;font-size:9pt;"> months ended </font><font style="font-family:Arial;font-size:9pt;">June&#160;30, 2018</font><font style="font-family:Arial;font-size:9pt;"> and </font><font style="font-family:Arial;font-size:9pt;">2017</font><font style="font-family:Arial;font-size:9pt;">, we had </font><font style="font-family:Arial;font-size:9pt;">no</font><font style="font-family:Arial;font-size:9pt;"> revenue concentration over 10% of total revenue from any one customer.</font></div><div style="line-height:120%;padding-bottom:8px;padding-top:12px;text-align:justify;padding-left:24px;font-size:9pt;"><font style="font-family:Arial;font-size:9pt;">As of </font><font style="font-family:Arial;font-size:9pt;">June&#160;30, 2018</font><font style="font-family:Arial;font-size:9pt;">, accounts receivable from </font><font style="font-family:Arial;font-size:9pt;">one</font><font style="font-family:Arial;font-size:9pt;"> customer in the Jefferson Terminal segment and </font><font style="font-family:Arial;font-size:9pt;">one</font><font style="font-family:Arial;font-size:9pt;"> customer in the Offshore Energy segment represented </font><font style="font-family:Arial;font-size:9pt;">22%</font><font style="font-family:Arial;font-size:9pt;"> and </font><font style="font-family:Arial;font-size:9pt;">10%</font><font style="font-family:Arial;font-size:9pt;">, respectively, of total accounts receivable, net. As of </font><font style="font-family:Arial;font-size:9pt;">December&#160;31, 2017</font><font style="font-family:Arial;font-size:9pt;">, accounts receivable from </font><font style="font-family:Arial;font-size:9pt;">two</font><font style="font-family:Arial;font-size:9pt;"> customers in the Offshore Energy segment represented </font><font style="font-family:Arial;font-size:9pt;">17%</font><font style="font-family:Arial;font-size:9pt;"> and </font><font style="font-family:Arial;font-size:9pt;">10%</font><font style="font-family:Arial;font-size:9pt;">, respectively, of total accounts receivable, net.</font></div><div style="line-height:120%;padding-bottom:8px;padding-top:12px;text-align:justify;padding-left:24px;font-size:9pt;"><font style="font-family:Arial;font-size:9pt;">We maintain cash and restricted cash balances, which generally exceed federally insured limits, and subject us to credit risk, in high credit quality financial institutions. We monitor the financial condition of these institutions and have not experienced any losses associated with these accounts.</font></div></div>
us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:12px;text-align:justify;padding-left:24px;font-size:9pt;"><font style="font-family:Arial;font-size:9pt;color:#00497f;font-style:italic;font-weight:bold;">Use of Estimates</font><font style="font-family:Arial;font-size:9pt;color:#00497f;">&#8212;</font><font style="font-family:Arial;font-size:9pt;">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.</font></div></div>

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