2015 Q4 Form 10-K Financial Statement

#000162828016012651 Filed on March 14, 2016

View on sec.gov

Income Statement

Concept 2015 Q4 2014 Q4 2014 Q3
Revenue $116.9M $146.5M $134.1M
YoY Change -20.22% -3.72% -0.63%
Cost Of Revenue $98.60M $115.4M $107.4M
YoY Change -14.56% -3.11% -0.28%
Gross Profit $18.30M $31.20M $26.70M
YoY Change -41.35% -5.74% -2.2%
Gross Profit Margin 15.66% 21.29% 19.91%
Selling, General & Admin $11.70M $12.80M $12.50M
YoY Change -8.59% -23.35% 1.63%
% of Gross Profit 63.93% 41.03% 46.82%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $3.100M $3.700M $3.677M
YoY Change -16.22% -5.13% -5.57%
% of Gross Profit 16.94% 11.86% 13.77%
Operating Expenses $14.70M $16.50M $16.20M
YoY Change -10.91% -19.9% 0.62%
Operating Profit $3.590M $14.66M $10.54M
YoY Change -75.5% 17.4% 26.08%
Interest Expense -$1.700M -$600.0K $716.0K
YoY Change 183.33% -14.29% -5.04%
% of Operating Profit -47.35% -4.09% 6.79%
Other Income/Expense, Net -$2.500M $300.0K -$60.00K
YoY Change -933.33% -150.0% -95.26%
Pretax Income -$613.0K $14.40M $10.48M
YoY Change -104.26% 29.73% 47.71%
Income Tax $500.0K $4.300M $4.060M
% Of Pretax Income 29.86% 38.74%
Net Earnings $2.500M $10.10M $6.400M
YoY Change -75.25% 53.03% -178.05%
Net Earnings / Revenue 2.14% 6.89% 4.77%
Basic Earnings Per Share $0.04 $0.16 $0.10
Diluted Earnings Per Share $0.04 $0.16 $0.10
COMMON SHARES
Basic Shares Outstanding 61.25M shares 62.40M shares
Diluted Shares Outstanding 62.59M shares

Balance Sheet

Concept 2015 Q4 2014 Q4 2014 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $16.60M $56.70M $67.20M
YoY Change -70.72% -36.08% -12.5%
Cash & Equivalents $16.56M $53.33M $67.23M
Short-Term Investments
Other Short-Term Assets $6.664M $7.953M $24.60M
YoY Change -16.21% -2.67% 200.29%
Inventory $963.0K $1.235M $1.500M
Prepaid Expenses $7.908M $9.000M
Receivables $103.8M $125.3M $107.9M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $307.0M $201.4M $201.2M
YoY Change 52.43% -15.83% -9.82%
LONG-TERM ASSETS
Property, Plant & Equipment $28.14M $36.91M $36.00M
YoY Change -23.78% -9.33% -13.03%
Goodwill $69.70M $248.9M
YoY Change -72.0% -37.49%
Intangibles $4.123M $2.277M
YoY Change 81.07% -1.13%
Long-Term Investments
YoY Change
Other Assets $2.437M $5.406M $3.600M
YoY Change -54.92% 6.99% -28.06%
Total Long-Term Assets $107.4M $442.8M $440.0M
YoY Change -75.74% -0.78% -1.54%
TOTAL ASSETS
Total Short-Term Assets $307.0M $201.4M $201.2M
Total Long-Term Assets $107.4M $442.8M $440.0M
Total Assets $414.4M $644.2M $641.2M
YoY Change -35.67% -6.03% -4.3%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $36.62M $36.48M $33.00M
YoY Change 0.38% -0.76% -7.79%
Accrued Expenses $7.400M $9.800M $12.10M
YoY Change -24.49% -39.88% -20.39%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $3.000M $18.38M $18.40M
YoY Change -83.67% 20.0% 33.52%
Total Short-Term Liabilities $98.13M $124.3M $117.9M
YoY Change -21.03% -11.77% -4.5%
LONG-TERM LIABILITIES
Long-Term Debt $74.11M $64.31M $68.90M
YoY Change 15.23% -22.22% -21.06%
Other Long-Term Liabilities $5.420M $63.76M $39.80M
YoY Change -91.5% -43.55% -69.73%
Total Long-Term Liabilities $79.53M $128.1M $108.7M
YoY Change -37.91% -34.53% -50.31%
TOTAL LIABILITIES
Total Short-Term Liabilities $98.13M $124.3M $117.9M
Total Long-Term Liabilities $79.53M $128.1M $108.7M
Total Liabilities $274.1M $317.5M $296.6M
YoY Change -13.67% -5.64% -13.33%
SHAREHOLDERS EQUITY
Retained Earnings $973.5M $1.166B
YoY Change -16.49% 0.22%
Common Stock $473.2M $465.8M
YoY Change 1.58% 0.34%
Preferred Stock
YoY Change
Treasury Stock (at cost) $1.263B $1.258B
YoY Change 0.41% 0.59%
Treasury Stock Shares 58.88M shares 57.83M shares
Shareholders Equity $140.3M $326.7M $344.6M
YoY Change
Total Liabilities & Shareholders Equity $414.4M $644.2M $641.2M
YoY Change -35.67% -6.03% -4.3%

Cashflow Statement

Concept 2015 Q4 2014 Q4 2014 Q3
OPERATING ACTIVITIES
Net Income $2.500M $10.10M $6.400M
YoY Change -75.25% 53.03% -178.05%
Depreciation, Depletion And Amortization $3.100M $3.700M $3.677M
YoY Change -16.22% -5.13% -5.57%
Cash From Operating Activities $5.300M $7.600M $6.200M
YoY Change -30.26% -69.48% 29.17%
INVESTING ACTIVITIES
Capital Expenditures -$2.500M -$4.500M -$2.000M
YoY Change -44.44% 45.16% -45.95%
Acquisitions
YoY Change
Other Investing Activities -$1.600M -$400.0K $600.0K
YoY Change 300.0% -60.0% -97.37%
Cash From Investing Activities -$4.000M -$4.900M -$1.400M
YoY Change -18.37% 22.5% -107.37%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -3.900M -12.10M -13.10M
YoY Change -67.77% 39.08% 47.19%
NET CHANGE
Cash From Operating Activities 5.300M 7.600M 6.200M
Cash From Investing Activities -4.000M -4.900M -1.400M
Cash From Financing Activities -3.900M -12.10M -13.10M
Net Change In Cash -2.600M -9.400M -8.300M
YoY Change -72.34% -177.05% -155.7%
FREE CASH FLOW
Cash From Operating Activities $5.300M $7.600M $6.200M
Capital Expenditures -$2.500M -$4.500M -$2.000M
Free Cash Flow $7.800M $12.10M $8.200M
YoY Change -35.54% -56.79% -3.53%

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17120000 USD
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12513000 USD
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CY2014 us-gaap Deferred Federal Income Tax Expense Benefit
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2862000 USD
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354000 USD
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27426000 USD
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CY2014 us-gaap Deferred State And Local Income Tax Expense Benefit
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2177000 USD
CY2015 us-gaap Deferred State And Local Income Tax Expense Benefit
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7182000 USD
CY2015Q4 us-gaap Deferred Tax Assets Capital Loss Carryforwards
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6278000 USD
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45808000 USD
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44213000 USD
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2055000 USD
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3000000 USD
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34875000 USD
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759000 USD
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CY2013 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
1744000 USD
CY2014 us-gaap Deferred Income Tax Expense Benefit
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CY2015 us-gaap Deferred Income Tax Expense Benefit
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CY2015Q4 us-gaap Deferred Income Tax Liabilities
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51927000 USD
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34255000 USD
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130000 USD
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0 USD
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2805000 USD
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2657000 USD
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2010000 USD
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1956000 USD
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280000 USD
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417000 USD
CY2014Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Foreign
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739000 USD
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785000 USD
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948000 USD
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707000 USD
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1182000 USD
CY2015Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
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3709000 USD
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3925000 USD
CY2015Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
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3612000 USD
CY2014Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
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1175000 USD
CY2015Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
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1208000 USD
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10933000 USD
CY2014Q4 us-gaap Deferred Tax Assets Valuation Allowance
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10900000 USD
CY2015Q4 us-gaap Deferred Tax Assets Valuation Allowance
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9958000 USD
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54455000 USD
CY2015Q4 us-gaap Deferred Tax Liabilities
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17672000 USD
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82702000 USD
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45212000 USD
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56510000 USD
CY2014 us-gaap Defined Contribution Plan Cost Recognized
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3800000 USD
CY2015 us-gaap Defined Contribution Plan Cost Recognized
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3600000 USD
CY2014 us-gaap Depreciation Depletion And Amortization
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14920000 USD
CY2015 us-gaap Depreciation Depletion And Amortization
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14245000 USD
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0 USD
CY2015 us-gaap Discontinued Operation Gain Loss From Disposal Of Discontinued Operation Before Income Tax
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0 USD
CY2013 us-gaap Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax
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CY2014 us-gaap Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax
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0 USD
CY2015 us-gaap Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax
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0 USD
CY2013 us-gaap Discontinued Operation Income Loss From Discontinued Operation During Phase Out Period Before Income Tax
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1284000 USD
CY2013 us-gaap Depreciation
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15530000 USD
CY2014 us-gaap Depreciation
Depreciation
14894000 USD
CY2015 us-gaap Depreciation
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13586000 USD
CY2013 us-gaap Depreciation Depletion And Amortization
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15737000 USD
CY2015Q4 us-gaap Deferred Tax Liabilities Noncurrent
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20672000 USD
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144000 USD
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561000 USD
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6484000 USD
CY2015Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
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6154000 USD
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CY2015Q4 us-gaap Defined Benefit Plan Accumulated Other Comprehensive Income Net Gains Losses After Tax
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0 USD
CY2015Q4 us-gaap Defined Benefit Plan Accumulated Other Comprehensive Income Net Prior Service Cost Credit After Tax
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0 USD
CY2013 us-gaap Defined Contribution Plan Cost Recognized
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3900000 USD
CY2014 us-gaap Discontinued Operation Income Loss From Discontinued Operation During Phase Out Period Before Income Tax
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0 USD
CY2015 us-gaap Discontinued Operation Income Loss From Discontinued Operation During Phase Out Period Before Income Tax
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0 USD
CY2013 us-gaap Discontinued Operation Income Loss From Discontinued Operation During Phase Out Period Net Of Tax
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1284000 USD
CY2014 us-gaap Discontinued Operation Income Loss From Discontinued Operation During Phase Out Period Net Of Tax
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0 USD
CY2015 us-gaap Discontinued Operation Income Loss From Discontinued Operation During Phase Out Period Net Of Tax
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0 USD
CY2013 us-gaap Disposal Group Not Discontinued Operation Gain Loss On Disposal
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0 USD
CY2014 us-gaap Disposal Group Not Discontinued Operation Gain Loss On Disposal
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0 USD
CY2015 us-gaap Disposal Group Not Discontinued Operation Gain Loss On Disposal
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-9501000 USD
CY2013 us-gaap Dividends Common Stock Cash
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16121000 USD
CY2014 us-gaap Dividends Common Stock Cash
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21485000 USD
CY2015 us-gaap Dividends Common Stock Cash
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21241000 USD
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0.21
CY2014Q1 us-gaap Earnings Per Share Basic
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0.03
CY2014Q2 us-gaap Earnings Per Share Basic
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0.09
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0.10
CY2014Q4 us-gaap Earnings Per Share Basic
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0.16
CY2014 us-gaap Earnings Per Share Basic
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0.38
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0.03
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0.04
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36913000 USD
CY2015 us-gaap Earnings Per Share Basic
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-2.77
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0.21
CY2014Q1 us-gaap Earnings Per Share Diluted
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0.03
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0.09
CY2014Q3 us-gaap Earnings Per Share Diluted
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0.10
CY2014Q4 us-gaap Earnings Per Share Diluted
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0.16
CY2014 us-gaap Earnings Per Share Diluted
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0.38
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0.03
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CY2015Q4 us-gaap Earnings Per Share Diluted
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0.04
CY2015 us-gaap Earnings Per Share Diluted
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-2.77
CY2013 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
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-536000 USD
CY2014 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
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-1830000 USD
CY2015 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-1976000 USD
CY2013 us-gaap Effective Income Tax Rate Continuing Operations
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0.383
CY2014 us-gaap Effective Income Tax Rate Continuing Operations
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0.357
CY2015 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.157
CY2013 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.35
CY2014 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.35
CY2015 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.35
CY2013 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
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-0.002
CY2014 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
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-0.014
CY2015 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
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0.001
CY2013 us-gaap Effective Income Tax Rate Reconciliation Deductions Dividends
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-0.028
CY2014 us-gaap Effective Income Tax Rate Reconciliation Deductions Dividends
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-0.004
CY2015 us-gaap Effective Income Tax Rate Reconciliation Deductions Dividends
EffectiveIncomeTaxRateReconciliationDeductionsDividends
0.003
CY2013 us-gaap Effective Income Tax Rate Reconciliation Disposition Of Business
EffectiveIncomeTaxRateReconciliationDispositionOfBusiness
0.000
CY2014 us-gaap Effective Income Tax Rate Reconciliation Disposition Of Business
EffectiveIncomeTaxRateReconciliationDispositionOfBusiness
0.000
CY2015 us-gaap Effective Income Tax Rate Reconciliation Disposition Of Business
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-0.003
CY2013 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.014
CY2014 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.020
CY2015 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
0.000
CY2013 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Impairment Losses
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0.000
CY2014 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Impairment Losses
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0.000
CY2015 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Impairment Losses
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-0.181
CY2013 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
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-0.002
CY2014 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
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-0.012
CY2015 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
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0.001
CY2013 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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0.023
CY2014 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.049
CY2015 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
-0.004
CY2014Q4 us-gaap Employee Related Liabilities Current
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9773000 USD
CY2015Q4 us-gaap Employee Related Liabilities Current
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8340000 USD
CY2013 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
42000 USD
CY2014 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
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0 USD
CY2015 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
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14000 USD
CY2015Q4 us-gaap Other Liabilities Noncurrent
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26784000 USD
CY2013 us-gaap Other Noncash Income Expense
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2606000 USD
CY2013 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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39617000 USD
CY2014 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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37306000 USD
CY2013 us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
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42000 USD
CY2014 us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
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0 USD
CY2015 us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
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14000 USD
CY2014Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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9774000 USD
CY2015Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
650000 USD
CY2015Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
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742000 USD
CY2015Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
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821000 USD
CY2015Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
613000 USD
CY2015Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
613000 USD
CY2015Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
627000 USD
CY2015Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
707000 USD
CY2013Q4 us-gaap Finite Lived Intangible Assets Net
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53000 USD
CY2014Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
27000 USD
CY2015Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
4123000 USD
CY2014 us-gaap Finitelived Intangible Assets Acquired1
FinitelivedIntangibleAssetsAcquired1
0 USD
CY2015 us-gaap Finitelived Intangible Assets Acquired1
FinitelivedIntangibleAssetsAcquired1
4773000 USD
CY2014Q4 us-gaap Furniture And Fixtures Gross
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102688000 USD
CY2015Q4 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
101083000 USD
CY2013 us-gaap Gain Loss On Sale Of Business
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0 USD
CY2014 us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
0 USD
CY2015 us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
-9501000 USD
CY2013Q4 us-gaap Goodwill
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398164000 USD
CY2014Q4 us-gaap Goodwill
Goodwill
398164000 USD
CY2015Q4 us-gaap Goodwill
Goodwill
218972000 USD
CY2015 us-gaap Goodwill Acquired During Period
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41845000 USD
CY2013 us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
2750000 USD
CY2014 us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
0 USD
CY2015 us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
209938000 USD
CY2015 us-gaap Goodwill Impairment Loss
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209938000 USD
CY2014 us-gaap Goodwill Transfers
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0 USD
CY2015 us-gaap Goodwill Written Off Related To Sale Of Business Unit
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11099000 USD
CY2014 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
0 USD
CY2015 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
0 USD
CY2013Q3 us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill
2800000 USD
CY2013 us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill
2750000 USD
CY2014 us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill
0 USD
CY2013 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
24441000 USD
CY2014 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
23991000 USD
CY2015 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-170928000 USD
CY2013 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
33143000 USD
CY2014 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
29962000 USD
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-205435000 USD
CY2013 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
6474000 USD
CY2014 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
7344000 USD
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
2593000 USD
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-202842000 USD
CY2013 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.39
CY2014 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.38
CY2015 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-2.77
CY2013 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.39
CY2014 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.38
CY2015 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-2.77
CY2013 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
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-11071000 USD
CY2014 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
0 USD
CY2015 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
0 USD
CY2013 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
-0.18
CY2014 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.00
CY2015 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.00
CY2013 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
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-0.18
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CY2015 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
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0.00
CY2013 us-gaap Income Tax Effects Allocated Directly To Equity
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17373000 USD
CY2014 us-gaap Income Tax Effects Allocated Directly To Equity
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CY2015 us-gaap Income Tax Effects Allocated Directly To Equity
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CY2014 us-gaap Income Tax Expense Benefit
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13315000 USD
CY2015 us-gaap Income Tax Expense Benefit
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CY2013 us-gaap Income Tax Expense Benefit Intraperiod Tax Allocation
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CY2014 us-gaap Income Tax Expense Benefit Intraperiod Tax Allocation
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3788000 USD
CY2015 us-gaap Income Tax Expense Benefit Intraperiod Tax Allocation
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CY2013 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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CY2014 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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CY2015 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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-153000 USD
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CY2014 us-gaap Income Tax Reconciliation Deductions Dividends
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CY2015 us-gaap Income Tax Reconciliation Deductions Dividends
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0 USD
CY2014 us-gaap Income Tax Reconciliation Disposition Of Business
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0 USD
CY2015 us-gaap Income Tax Reconciliation Disposition Of Business
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686000 USD
CY2013 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
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CY2014 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
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CY2015 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
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CY2013 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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13866000 USD
CY2014 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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13057000 USD
CY2015 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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0 USD
CY2014 us-gaap Income Tax Reconciliation Nondeductible Expense Impairment Losses
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0 USD
CY2015 us-gaap Income Tax Reconciliation Nondeductible Expense Impairment Losses
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36664000 USD
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-76000 USD
CY2014 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-408000 USD
CY2015 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-155000 USD
CY2013 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
918000 USD
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CY2014 us-gaap Income Tax Reconciliation State And Local Income Taxes
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1817000 USD
CY2015 us-gaap Income Tax Reconciliation State And Local Income Taxes
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857000 USD
CY2013 us-gaap Income Taxes Paid
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11300000 USD
CY2014 us-gaap Income Taxes Paid
IncomeTaxesPaid
4900000 USD
CY2015 us-gaap Income Taxes Paid
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10100000 USD
CY2013 us-gaap Increase Decrease In Accounts Payable
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CY2014 us-gaap Increase Decrease In Accounts Payable
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CY2015 us-gaap Increase Decrease In Accounts Payable
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2141000 USD
CY2013 us-gaap Increase Decrease In Accounts Receivable
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CY2014 us-gaap Increase Decrease In Accounts Receivable
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5173000 USD
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CY2013 us-gaap Increase Decrease In Inventories
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507000 USD
CY2014 us-gaap Increase Decrease In Inventories
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-51000 USD
CY2015 us-gaap Increase Decrease In Inventories
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9398000 USD
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17089000 USD
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CY2015 us-gaap Increase Decrease In Other Operating Capital Net
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CY2013 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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2536000 USD
CY2014 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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CY2015 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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CY2013 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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309000 shares
CY2014 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
214000 shares
CY2015 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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0 shares
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2250000 USD
CY2015Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
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0 USD
CY2015 us-gaap Indefinite Lived Intangible Assets Written Off Related To Sale Of Business Unit
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2250000 USD
CY2014 us-gaap Indefinitelived Intangible Assets Acquired
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0 USD
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0 USD
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2277000 USD
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CY2015 us-gaap Interest Income Expense Net
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CY2013 us-gaap Interest Paid
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CY2014 us-gaap Interest Paid
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2500000 USD
CY2015 us-gaap Interest Paid
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1700000 USD
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1235000 USD
CY2015Q4 us-gaap Inventory Net
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963000 USD
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CY2013 us-gaap Lease And Rental Expense
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14500000 USD
CY2014 us-gaap Lease And Rental Expense
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15400000 USD
CY2015 us-gaap Lease And Rental Expense
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124269000 USD
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97440000 USD
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3000000 USD
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0 USD
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77313000 USD
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0 USD
CY2015Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
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0 USD
CY2015Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
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0 USD
CY2015Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
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0 USD
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CY2014 us-gaap Net Cash Provided By Used In Financing Activities
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10350000 USD
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25561000 USD
CY2015 us-gaap Net Cash Provided By Used In Operating Activities
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30943000 USD
CY2013 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
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44111000 USD
CY2014 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
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25561000 USD
CY2015 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
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30943000 USD
CY2013 us-gaap Net Income Loss Available To Common Stockholders Basic
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13370000 USD
CY2014Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
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1845000 USD
CY2014Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
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5637000 USD
CY2014Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
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6420000 USD
CY2014Q4 us-gaap Net Income Loss Available To Common Stockholders Basic
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10089000 USD
CY2014 us-gaap Net Income Loss Available To Common Stockholders Basic
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23991000 USD
CY2015Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
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1615000 USD
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CY2015Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
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2543000 USD
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CY2014 us-gaap Nonoperating Income Expense
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CY2015 us-gaap Number Of Reportable Segments
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2
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CY2015Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
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OperatingIncomeLoss
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CY2014Q2 us-gaap Operating Income Loss
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CY2014Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
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CY2014Q4 us-gaap Operating Income Loss
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CY2014 us-gaap Operating Income Loss
OperatingIncomeLoss
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CY2015Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
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OperatingIncomeLoss
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OperatingIncomeLoss
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OperatingIncomeLoss
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CY2015Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
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CY2015Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
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CY2014 us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Before Tax Portion Attributable To Parent
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28802000 USD
CY2013 us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
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CY2014 us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
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17281000 USD
CY2015 us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
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CY2014 us-gaap Other Comprehensive Income Defined Benefit Plans Tax Portion Attributable To Parent
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11521000 USD
CY2015 us-gaap Other Comprehensive Income Defined Benefit Plans Tax Portion Attributable To Parent
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CY2014 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
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CY2014 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
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CY2015 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
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21616000 USD
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CY2015 us-gaap Other Comprehensive Income Loss Net Of Tax
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3669000 USD
CY2013 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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21616000 USD
CY2014 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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CY2015 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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3669000 USD
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CY2015Q4 us-gaap Other Liabilities Current
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CY2014 us-gaap Other Nonoperating Income Expense
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CY2015 us-gaap Other Nonoperating Income Expense
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CY2013 us-gaap Payments For Repurchase Of Common Stock
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1760000 USD
CY2014 us-gaap Payments For Repurchase Of Common Stock
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8661000 USD
CY2015 us-gaap Payments For Repurchase Of Common Stock
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4619000 USD
CY2013 us-gaap Payments Of Debt Restructuring Costs
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581000 USD
CY2014 us-gaap Payments Of Debt Restructuring Costs
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0 USD
CY2015 us-gaap Payments Of Debt Restructuring Costs
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0 USD
CY2013 us-gaap Payments Of Dividends
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16121000 USD
CY2014 us-gaap Payments Of Dividends
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21485000 USD
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21241000 USD
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0 USD
CY2014 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 USD
CY2015 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
29862000 USD
CY2013 us-gaap Payments To Acquire Property Plant And Equipment
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15873000 USD
CY2014 us-gaap Payments To Acquire Property Plant And Equipment
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11265000 USD
CY2015 us-gaap Payments To Acquire Property Plant And Equipment
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11574000 USD
CY2014Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Current Liabilities
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CY2015Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Current And Noncurrent
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57033000 USD
CY2014Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
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65156000 USD
CY2015Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
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55491000 USD
CY2013 us-gaap Pension Expense
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784000 USD
CY2014 us-gaap Pension Expense
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CY2015 us-gaap Pension Expense
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9000000 USD
CY2015Q4 us-gaap Prepaid Expense Current
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9548000 USD
CY2014Q4 us-gaap Prepaid Taxes
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1185000 USD
CY2015Q4 us-gaap Prepaid Taxes
PrepaidTaxes
1760000 USD
CY2013 us-gaap Proceeds From Divestiture Of Businesses Net Of Cash Divested
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0 USD
CY2014 us-gaap Proceeds From Divestiture Of Businesses Net Of Cash Divested
ProceedsFromDivestitureOfBusinessesNetOfCashDivested
0 USD
CY2015 us-gaap Proceeds From Divestiture Of Businesses Net Of Cash Divested
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4974000 USD
CY2013 us-gaap Proceeds From Issuance Of Common Stock
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512000 USD
CY2014 us-gaap Proceeds From Issuance Of Common Stock
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-481000 USD
CY2015 us-gaap Proceeds From Issuance Of Common Stock
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-910000 USD
CY2013 us-gaap Proceeds From Issuance Of Debt
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0 USD
CY2014 us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
0 USD
CY2015 us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
13000000 USD
CY2013 us-gaap Proceeds From Sale Of Property Plant And Equipment
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3723000 USD
CY2014 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
169000 USD
CY2015 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
297000 USD
CY2013 us-gaap Proceeds From Sale Of Treasury Stock
ProceedsFromSaleOfTreasuryStock
135000 USD
CY2014 us-gaap Proceeds From Sale Of Treasury Stock
ProceedsFromSaleOfTreasuryStock
1307000 USD
CY2015 us-gaap Proceeds From Sale Of Treasury Stock
ProceedsFromSaleOfTreasuryStock
193000 USD
CY2014Q3 us-gaap Revenues
Revenues
134121000 USD
CY2014 us-gaap Share Based Compensation
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4055000 USD
CY2014Q4 us-gaap Revenues
Revenues
146518000 USD
CY2014 us-gaap Revenues
Revenues
553676000 USD
CY2015 us-gaap Share Based Compensation
ShareBasedCompensation
5733000 USD
CY2013 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
512000 USD
CY2014 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
-68000 USD
CY2015 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
630000 USD
CY2014 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
17281000 USD
CY2015 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-5645000 USD
CY2013 us-gaap Repayments Of Debt
RepaymentsOfDebt
12250000 USD
CY2014 us-gaap Repayments Of Debt
RepaymentsOfDebt
15313000 USD
CY2015 us-gaap Repayments Of Debt
RepaymentsOfDebt
18375000 USD
CY2014Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
1165707000 USD
CY2015Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
973538000 USD
CY2013 us-gaap Revenues
Revenues
559609000 USD
CY2014Q1 us-gaap Revenues
Revenues
132727000 USD
CY2014Q2 us-gaap Revenues
Revenues
140310000 USD
CY2015Q1 us-gaap Revenues
Revenues
121173000 USD
CY2015Q2 us-gaap Revenues
Revenues
122345000 USD
CY2015Q3 us-gaap Revenues
Revenues
121968000 USD
CY2015Q4 us-gaap Revenues
Revenues
129815000 USD
CY2015 us-gaap Revenues
Revenues
495301000 USD
CY2014Q4 us-gaap Self Insurance Reserve
SelfInsuranceReserve
7800000 USD
CY2015Q4 us-gaap Self Insurance Reserve
SelfInsuranceReserve
6100000 USD
CY2013 us-gaap Share Based Compensation
ShareBasedCompensation
5744000 USD
CY2014 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
-481000 USD
CY2015 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
-909000 USD
CY2013 us-gaap Stock Issued During Period Value Treasury Stock Reissued
StockIssuedDuringPeriodValueTreasuryStockReissued
37000 USD
CY2014 us-gaap Stock Issued During Period Value Treasury Stock Reissued
StockIssuedDuringPeriodValueTreasuryStockReissued
540000 USD
CY2015 us-gaap Stock Issued During Period Value Treasury Stock Reissued
StockIssuedDuringPeriodValueTreasuryStockReissued
193000 USD
CY2013 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
1662000 USD
CY2014 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
7894000 USD
CY2015 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
4619000 USD
CY2012Q4 us-gaap Stockholders Equity
StockholdersEquity
328164000 USD
CY2013Q4 us-gaap Stockholders Equity
StockholdersEquity
349054000 USD
CY2014Q4 us-gaap Stockholders Equity
StockholdersEquity
326676000 USD
CY2015Q4 us-gaap Stockholders Equity
StockholdersEquity
140316000 USD
CY2014Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
57832362 shares
CY2015Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
58879742 shares
CY2014Q4 us-gaap Treasury Stock Value
TreasuryStockValue
1257648000 USD
CY2015Q4 us-gaap Treasury Stock Value
TreasuryStockValue
1262859000 USD
CY2015Q4 us-gaap Undistributed Earnings Of Foreign Subsidiaries
UndistributedEarningsOfForeignSubsidiaries
3700000 USD
CY2013Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
27000 USD
CY2014Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0 USD
CY2015Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
761000 USD
CY2014 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
0 USD
CY2015 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
0 USD
CY2014 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
0 USD
CY2015 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
0 USD
CY2014Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
0 USD
CY2015Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
0 USD
CY2014 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
0 USD
CY2015 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
0 USD
CY2014 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
0 USD
CY2015 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
0 USD
CY2014 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
0 USD
CY2015 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
761000 USD
CY2014 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
27000 USD
CY2015 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
0 USD
CY2014 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
200000 USD
CY2015 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
-900000 USD
CY2013 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
62812000 shares
CY2014 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
62658000 shares
CY2015 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
61643000 shares
CY2013 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
62503000 shares
CY2014 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
62444000 shares
CY2015 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
61643000 shares
CY2015 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">Certain prior year amounts have been reclassified for comparative purposes. All 2013 amounts related to discontinued operations have been reclassified for comparative purposes.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">&#160;</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">The retrospective early adoption of ASU 2015-17, </font><font style="font-family:Arial;font-size:10pt;font-style:italic;">Income Taxes (Topic 740): Balance Sheet Classification of Deferred Taxes, </font><font style="font-family:Arial;font-size:10pt;">resulted in the reclassification of current deferred tax assets to non-current on the company's consolidated balance sheet as of December 31, 2014.</font></div></div>
CY2015 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">The preparation of consolidated financial statements in conformity with U.S. generally accepted accounting principles (U.S. GAAP) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and 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 periods. Actual results and outcomes could differ from those estimates and assumptions. Such estimates include, but are not limited to, estimates related to pension accounting; estimates related to fair value for purposes of assessing goodwill, long-lived assets and intangible assets for impairment; estimates related to income taxes; and estimates related to contingencies.&#160;On an ongoing basis, management reviews its estimates based on currently available information.&#160;Changes in facts and circumstances could result in revised estimates and assumptions.</font></div></div>

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