2018 Q2 Form 10-Q Financial Statement
#000004288818000029 Filed on April 25, 2018
Income Statement
Concept | 2018 Q2 | 2018 Q1 | 2017 Q1 |
---|---|---|---|
Revenue | $424.6M | $406.3M | $340.6M |
YoY Change | 11.88% | 19.31% | 11.7% |
Cost Of Revenue | $194.7M | $183.9M | $154.7M |
YoY Change | 11.26% | 18.86% | 8.13% |
Gross Profit | $229.9M | $222.4M | $185.8M |
YoY Change | 12.42% | 19.68% | 14.86% |
Gross Profit Margin | 54.15% | 54.74% | 54.57% |
Selling, General & Admin | $100.4M | $95.44M | $84.15M |
YoY Change | 12.27% | 13.41% | -2.33% |
% of Gross Profit | 43.68% | 42.91% | 45.28% |
Research & Development | $16.11M | $15.29M | $14.26M |
YoY Change | 9.89% | 7.22% | -2.91% |
% of Gross Profit | 7.01% | 6.87% | 7.67% |
Depreciation & Amortization | $11.10M | $12.65M | $11.09M |
YoY Change | -1.77% | 14.03% | -7.63% |
% of Gross Profit | 4.83% | 5.69% | 5.97% |
Operating Expenses | $116.5M | $110.7M | $98.41M |
YoY Change | 11.94% | 12.51% | -2.42% |
Operating Profit | $113.4M | $111.7M | $87.44M |
YoY Change | 12.92% | 27.75% | 43.46% |
Interest Expense | $3.891M | $3.233M | $4.055M |
YoY Change | -6.33% | -20.27% | -9.75% |
% of Operating Profit | 3.43% | 2.89% | 4.64% |
Other Income/Expense, Net | -$4.251M | -$1.035M | -$1.805M |
YoY Change | 551.99% | -42.66% | -257.5% |
Pretax Income | $105.2M | $107.4M | $81.58M |
YoY Change | 10.07% | 31.69% | 41.62% |
Income Tax | $16.10M | $21.92M | $20.84M |
% Of Pretax Income | 15.3% | 20.4% | 25.55% |
Net Earnings | $89.14M | $85.51M | $60.73M |
YoY Change | 11.67% | 40.8% | 53.55% |
Net Earnings / Revenue | 21.0% | 21.04% | 17.83% |
Basic Earnings Per Share | $0.53 | $0.51 | $0.36 |
Diluted Earnings Per Share | $0.51 | $0.49 | $0.35 |
COMMON SHARES | |||
Basic Shares Outstanding | 167.6M shares | 169.4M shares | 56.00M shares |
Diluted Shares Outstanding | 173.3M shares | 175.6M shares | 173.1M shares |
Balance Sheet
Concept | 2018 Q2 | 2018 Q1 | 2017 Q1 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $109.9M | $113.8M | $76.60M |
YoY Change | 45.76% | 48.56% | 109.86% |
Cash & Equivalents | $109.9M | $113.8M | $76.57M |
Short-Term Investments | |||
Other Short-Term Assets | $36.76M | $42.96M | $20.74M |
YoY Change | 60.38% | 107.15% | -1.21% |
Inventory | $271.7M | $267.3M | $214.9M |
Prepaid Expenses | |||
Receivables | $290.9M | $292.1M | $244.4M |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $709.3M | $716.2M | $556.6M |
YoY Change | 22.35% | 28.67% | 12.26% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $215.0M | $207.7M | $191.9M |
YoY Change | 11.05% | 8.19% | 4.2% |
Goodwill | $294.3M | $298.1M | $269.3M |
YoY Change | 7.78% | 10.68% | -35.79% |
Intangibles | $174.2M | $186.8M | $182.8M |
YoY Change | -5.26% | 2.18% | -26.52% |
Long-Term Investments | |||
YoY Change | |||
Other Assets | $31.45M | $30.59M | $25.91M |
YoY Change | 21.22% | 18.07% | 7.96% |
Total Long-Term Assets | $763.7M | $775.3M | $757.2M |
YoY Change | 0.21% | 2.39% | -19.03% |
TOTAL ASSETS | |||
Total Short-Term Assets | $709.3M | $716.2M | $556.6M |
Total Long-Term Assets | $763.7M | $775.3M | $757.2M |
Total Assets | $1.473B | $1.492B | $1.314B |
YoY Change | 9.78% | 13.52% | -8.19% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $54.81M | $60.10M | $43.91M |
YoY Change | 23.32% | 36.87% | 8.87% |
Accrued Expenses | $73.50M | $60.90M | $48.00M |
YoY Change | 17.6% | 26.88% | -1.23% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $6.500M | $11.90M | $9.400M |
YoY Change | -41.44% | 26.6% | -35.17% |
Long-Term Debt Due | $75.00M | ||
YoY Change | |||
Total Short-Term Liabilities | $267.5M | $280.6M | $253.7M |
YoY Change | 1.3% | 10.61% | 56.84% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $297.3M | $285.2M | $302.7M |
YoY Change | 25.96% | -5.77% | -33.87% |
Other Long-Term Liabilities | $4.400M | $5.481M | $8.697M |
YoY Change | -48.82% | -36.98% | -0.38% |
Total Long-Term Liabilities | $301.7M | $290.7M | $311.4M |
YoY Change | 23.34% | -6.64% | -33.24% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $267.5M | $280.6M | $253.7M |
Total Long-Term Liabilities | $301.7M | $290.7M | $311.4M |
Total Liabilities | $569.2M | $571.3M | $565.1M |
YoY Change | 11.9% | 1.11% | -10.04% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | $185.4M | $176.5M | $165.0M |
YoY Change | -17.53% | 7.0% | -37.72% |
Common Stock | $672.5M | $683.7M | $536.7M |
YoY Change | 22.42% | 27.39% | 12.28% |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $711.8M | $727.2M | $567.0M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $1.473B | $1.492B | $1.314B |
YoY Change | 9.78% | 13.52% | -8.19% |
Cashflow Statement
Concept | 2018 Q2 | 2018 Q1 | 2017 Q1 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $89.14M | $85.51M | $60.73M |
YoY Change | 11.67% | 40.8% | 53.55% |
Depreciation, Depletion And Amortization | $11.10M | $12.65M | $11.09M |
YoY Change | -1.77% | 14.03% | -7.63% |
Cash From Operating Activities | $112.0M | $58.75M | $50.22M |
YoY Change | 30.99% | 16.98% | 73.92% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$18.40M | $8.961M | $8.200M |
YoY Change | 119.05% | 9.28% | -37.5% |
Acquisitions | $10.88M | $9.968M | |
YoY Change | 9.15% | -79.61% | |
Other Investing Activities | $300.0K | -$5.000K | $62.00K |
YoY Change | -175.0% | -108.06% | -119.38% |
Cash From Investing Activities | -$18.20M | -$19.84M | -$17.59M |
YoY Change | 106.82% | 12.76% | -71.07% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | $22.45M | $20.12M | |
YoY Change | 11.57% | 9.74% | |
Common Stock Issuance & Retirement, Net | $67.40M | $60.03M | |
YoY Change | 12.28% | 114.87% | |
Debt Paid & Issued, Net | $58.83M | $119.2M | |
YoY Change | -50.63% | -49.02% | |
Cash From Financing Activities | -99.30M | -$28.16M | -$7.920M |
YoY Change | 24.91% | 255.57% | -145.93% |
NET CHANGE | |||
Cash From Operating Activities | 112.0M | $58.75M | $50.22M |
Cash From Investing Activities | -18.20M | -$19.84M | -$17.59M |
Cash From Financing Activities | -99.30M | -$28.16M | -$7.920M |
Net Change In Cash | -5.500M | $10.15M | $24.71M |
YoY Change | 96.43% | -58.93% | -268.28% |
FREE CASH FLOW | |||
Cash From Operating Activities | $112.0M | $58.75M | $50.22M |
Capital Expenditures | -$18.40M | $8.961M | $8.200M |
Free Cash Flow | $130.4M | $49.79M | $42.02M |
YoY Change | 38.87% | 18.48% | 166.7% |
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-12124000 | USD |
CY2018Q1 | us-gaap |
Increase Decrease In Accrued Salaries
IncreaseDecreaseInAccruedSalaries
|
-22803000 | USD |
CY2017Q1 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
12209000 | USD |
CY2018Q1 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
7142000 | USD |
CY2017Q1 | us-gaap |
Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
|
16149000 | USD |
CY2018Q1 | us-gaap |
Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
|
6247000 | USD |
CY2017Q1 | us-gaap |
Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
|
1345000 | USD |
CY2018Q1 | us-gaap |
Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
|
1397000 | USD |
CY2017Q1 | us-gaap |
Increase Decrease In Pension And Postretirement Obligations
IncreaseDecreaseInPensionAndPostretirementObligations
|
3715000 | USD |
CY2018Q1 | us-gaap |
Increase Decrease In Pension And Postretirement Obligations
IncreaseDecreaseInPensionAndPostretirementObligations
|
3558000 | USD |
CY2017Q1 | us-gaap |
Increase Decrease In Receivables
IncreaseDecreaseInReceivables
|
23207000 | USD |
CY2018Q1 | us-gaap |
Increase Decrease In Receivables
IncreaseDecreaseInReceivables
|
20798000 | USD |
CY2017Q1 | us-gaap |
Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
|
-638000 | USD |
CY2018Q1 | us-gaap |
Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
|
-21000 | USD |
CY2017Q4 | us-gaap |
Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
|
258929000 | USD |
CY2018Q1 | us-gaap |
Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
|
263253000 | USD |
CY2017Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
183056000 | USD |
CY2018Q1 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
186823000 | USD |
CY2017Q1 | us-gaap |
Interest Expense
InterestExpense
|
4055000 | USD |
CY2018Q1 | us-gaap |
Interest Expense
InterestExpense
|
3233000 | USD |
CY2017Q4 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
124327000 | USD |
CY2018Q1 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
137197000 | USD |
CY2017Q4 | us-gaap |
Inventory Gross
InventoryGross
|
289008000 | USD |
CY2018Q1 | us-gaap |
Inventory Gross
InventoryGross
|
317849000 | USD |
CY2017Q4 | us-gaap |
Inventory Lifo Reserve
InventoryLIFOReserve
|
49659000 | USD |
CY2018Q1 | us-gaap |
Inventory Lifo Reserve
InventoryLIFOReserve
|
50551000 | USD |
CY2017Q4 | us-gaap |
Inventory Net
InventoryNet
|
239349000 | USD |
CY2018Q1 | us-gaap |
Inventory Net
InventoryNet
|
267298000 | USD |
CY2017Q4 | us-gaap |
Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
|
103407000 | USD |
CY2018Q1 | us-gaap |
Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
|
103312000 | USD |
CY2017Q4 | us-gaap |
Inventory Work In Process
InventoryWorkInProcess
|
61274000 | USD |
CY2018Q1 | us-gaap |
Inventory Work In Process
InventoryWorkInProcess
|
77340000 | USD |
CY2017Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
1390617000 | USD |
CY2018Q1 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
1491531000 | USD |
CY2017Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
245838000 | USD |
CY2018Q1 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
280630000 | USD |
CY2017Q4 | us-gaap |
Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
|
8434000 | USD |
CY2018Q1 | us-gaap |
Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
|
8223000 | USD |
CY2017Q4 | us-gaap |
Long Term Debt Fair Value
LongTermDebtFairValue
|
245000000 | USD |
CY2018Q1 | us-gaap |
Long Term Debt Fair Value
LongTermDebtFairValue
|
240000000 | USD |
CY2017Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
226035000 | USD |
CY2018Q1 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
285195000 | USD |
CY2017Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-7920000 | USD |
CY2018Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-28161000 | USD |
CY2017Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-17592000 | USD |
CY2018Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-19815000 | USD |
CY2017Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
50224000 | USD |
CY2018Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
58752000 | USD |
CY2017Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
60732000 | USD |
CY2018Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
85510000 | USD |
CY2017Q4 | us-gaap |
Noncurrent Assets
NoncurrentAssets
|
204298000 | USD |
CY2018Q1 | us-gaap |
Noncurrent Assets
NoncurrentAssets
|
207676000 | USD |
CY2018Q1 | us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
3 | segment |
CY2017Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
87435000 | USD |
CY2018Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
111696000 | USD |
CY2018Q1 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
150287000 | USD |
CY2017Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
6017000 | USD |
CY2018Q1 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
5481000 | USD |
CY2017Q1 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-1805000 | USD |
CY2018Q1 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-1035000 | USD |
CY2017Q1 | us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
62000 | USD |
CY2018Q1 | us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
-5000 | USD |
CY2017Q1 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
90160000 | USD |
CY2017Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
31628000 | USD |
CY2018Q1 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
35478000 | USD |
CY2017Q4 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
34247000 | USD |
CY2018Q1 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
42960000 | USD |
CY2017Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
30220000 | USD |
CY2018Q1 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
30587000 | USD |
CY2017Q1 | us-gaap |
Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
|
6318000 | USD |
CY2018Q1 | us-gaap |
Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
|
8746000 | USD |
CY2017Q1 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
6318000 | USD |
CY2018Q1 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
8746000 | USD |
CY2017Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
7552000 | USD |
CY2018Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
10171000 | USD |
CY2017Q1 | us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
-2000000 | USD |
CY2018Q1 | us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
-1826000 | USD |
CY2017Q1 | us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
|
-766000 | USD |
CY2018Q1 | us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
|
-401000 | USD |
CY2017Q4 | us-gaap |
Other Employee Related Liabilities Current
OtherEmployeeRelatedLiabilitiesCurrent
|
10053000 | USD |
CY2018Q1 | us-gaap |
Other Employee Related Liabilities Current
OtherEmployeeRelatedLiabilitiesCurrent
|
2314000 | USD |
CY2017Q4 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
112368000 | USD |
CY2018Q1 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
84719000 | USD |
CY2017Q1 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
20118000 | USD |
CY2018Q1 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
22445000 | USD |
CY2017Q1 | us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
9968000 | USD |
CY2018Q1 | us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
10880000 | USD |
CY2017Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
8200000 | USD |
CY2018Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
8961000 | USD |
CY2017Q4 | us-gaap |
Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
|
172411000 | USD |
CY2018Q1 | us-gaap |
Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
|
175349000 | USD |
CY2017Q1 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
30127000 | USD |
CY2018Q1 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
17316000 | USD |
CY2017Q1 | us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
191120000 | USD |
CY2018Q1 | us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
115465000 | USD |
CY2017Q1 | us-gaap |
Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
|
261000 | USD |
CY2018Q1 | us-gaap |
Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
|
5050000 | USD |
CY2017Q4 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
10535000 | USD |
CY2018Q1 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
11108000 | USD |
CY2018Q1 | us-gaap |
Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
|
2483000 | USD |
CY2018Q1 | us-gaap |
Product Warranty Expense
ProductWarrantyExpense
|
2003000 | USD |
CY2017Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
204298000 | USD |
CY2018Q1 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
207676000 | USD |
CY2017Q4 | us-gaap |
Receivables Net Current
ReceivablesNetCurrent
|
266080000 | USD |
CY2018Q1 | us-gaap |
Receivables Net Current
ReceivablesNetCurrent
|
292144000 | USD |
CY2017Q1 | us-gaap |
Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
|
1234000 | USD |
CY2018Q1 | us-gaap |
Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
|
1425000 | USD |
CY2017Q1 | us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
119150000 | USD |
CY2018Q1 | us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
58828000 | USD |
CY2017Q1 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
14259000 | USD |
CY2018Q1 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
15289000 | USD |
CY2017Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
181599000 | USD |
CY2018Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
176524000 | USD |
CY2017 | us-gaap |
Revenue Recognition Sales Returns Reserve For Sales Returns
RevenueRecognitionSalesReturnsReserveForSalesReturns
|
9700000 | USD |
CY2017Q1 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
340590000 | USD |
CY2018Q1 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
406348000 | USD |
CY2017Q4 | us-gaap |
Self Insurance Reserve Current
SelfInsuranceReserveCurrent
|
7956000 | USD |
CY2018Q1 | us-gaap |
Self Insurance Reserve Current
SelfInsuranceReserveCurrent
|
7780000 | USD |
CY2017Q1 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
54389000 | USD |
CY2018Q1 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
62522000 | USD |
CY2017Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
5477000 | USD |
CY2018Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
6622000 | USD |
CY2017Q4 | us-gaap |
Short Term Bank Loans And Notes Payable
ShortTermBankLoansAndNotesPayable
|
6578000 | USD |
CY2018Q1 | us-gaap |
Short Term Bank Loans And Notes Payable
ShortTermBankLoansAndNotesPayable
|
11931000 | USD |
CY2017Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
723063000 | USD |
CY2018Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
727179000 | USD |
CY2017Q1 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
5833000 | shares |
CY2018Q1 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
6576000 | shares |
CY2017Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
173137000 | shares |
CY2018Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
175649000 | shares |
CY2017Q1 | us-gaap |
Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
|
167304000 | shares |
CY2018Q1 | us-gaap |
Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
|
169073000 | shares |
CY2018Q1 | us-gaap |
Description Of New Accounting Pronouncements Not Yet Adopted
DescriptionOfNewAccountingPronouncementsNotYetAdopted
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:13px;text-align:left;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">In February 2016, FASB issued a final standard on leases contained in Accounting Standards Codification Topic 842 (“ASC 842”). The new standard is effective for the Company in the first quarter of 2019 and requires most leases to be recorded on the balance sheet. The Company plans to adopt the new accounting standard using the modified retrospective transition approach and will elect to use the package of practical expedients. The modified retrospective transition approach will recognize any changes from the beginning of the year of initial application through retained earnings with no restatement of comparative periods. </font></div><div style="line-height:120%;padding-bottom:13px;text-align:left;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">We have established an implementation team that has started the process of gathering and analyzing our lease contracts. Based on preliminary results of the process, which has not been completed, nothing has come to our attention that would indicate that adoption of the new standard will have a material impact on our earnings or shareholders equity. We expect that the recording of right-of-use assets and associated lease liabilities will be material to our consolidated balance sheet; however, we are unable to determine an amount at this time. </font></div><div style="line-height:120%;padding-bottom:13px;text-align:left;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">We are in the process of evaluating changes to our business processes, systems and controls needed to support recognition and disclosure under the new standard. Further, we are continuing to assess any incremental disclosures that will be required in our consolidated financial statements.</font></div></div> |