2016 Form 10-K Financial Statement

#000143774917003050 Filed on February 23, 2017

View on sec.gov

Income Statement

Concept 2016 2015 Q4 2015
Revenue $646.0M $115.3M $443.6M
YoY Change 45.63% -5.49% -11.42%
Cost Of Revenue $462.0M $103.6M $405.1M
YoY Change 14.05% 3.81% 33.05%
Gross Profit $184.0M $11.70M $38.51M
YoY Change 377.79% -47.3% -54.8%
Gross Profit Margin 28.49% 10.15% 8.68%
Selling, General & Admin $45.00M $7.700M $34.20M
YoY Change 31.58% 1.32% 8.57%
% of Gross Profit 24.46% 65.81% 88.81%
Research & Development $243.0K $3.400M
YoY Change -35.85%
% of Gross Profit 0.13% 29.06%
Depreciation & Amortization $124.9M $31.10M $112.6M
YoY Change 10.95% 0.0% 0.37%
% of Gross Profit 67.89% 265.81% 292.35%
Operating Expenses $74.56M $13.40M $74.12M
YoY Change 0.59% -32.32% 16.59%
Operating Profit $109.4M -$1.700M -$35.61M
YoY Change -407.32% -170.83% -264.65%
Interest Expense $21.80M -$400.0K $25.39M
YoY Change -14.15% -103.88% -5.18%
% of Operating Profit 19.92%
Other Income/Expense, Net -$19.78M $700.0K $4.953M
YoY Change -499.35% 600.0% -154.77%
Pretax Income $89.66M -$2.500M -$30.66M
YoY Change -392.45% -119.69% -343.63%
Income Tax $28.09M $60.50M $56.31M
% Of Pretax Income 31.33%
Net Earnings $61.57M -$63.00M -$86.97M
YoY Change -170.8% -472.78% -587.93%
Net Earnings / Revenue 9.53% -54.64% -19.61%
Basic Earnings Per Share $0.16 -$0.23
Diluted Earnings Per Share $0.16 -$166.6K -$0.23
COMMON SHARES
Basic Shares Outstanding 386.4M 374.0M
Diluted Shares Outstanding 389.3M 374.0M

Balance Sheet

Concept 2016 2015 Q4 2015
SHORT-TERM ASSETS
Cash & Short-Term Investments $198.9M $155.2M $155.2M
YoY Change 28.16% -25.99% -25.99%
Cash & Equivalents $169.8M $155.2M $155.2M
Short-Term Investments $29.10M $0.00
Other Short-Term Assets $12.10M $9.453M $27.40M
YoY Change -55.84% -61.1% 12.76%
Inventory $50.00M $45.50M $45.50M
Prepaid Expenses
Receivables $20.10M $13.49M $13.50M
Other Receivables $9.900M $27.80M $27.80M
Total Short-Term Assets $291.1M $269.5M $269.5M
YoY Change 8.01% -14.81% -14.82%
LONG-TERM ASSETS
Property, Plant & Equipment $2.033B $1.897B $1.897B
YoY Change 7.16% 3.56% 3.56%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $5.000M $1.500M $1.500M
YoY Change 233.33% -69.39% -69.39%
Other Assets $42.90M $2.783M $54.10M
YoY Change -20.7% -97.45% -50.46%
Total Long-Term Assets $2.081B $1.952B $1.952B
YoY Change 6.57% 0.35% 0.34%
TOTAL ASSETS
Total Short-Term Assets $291.1M $269.5M $269.5M
Total Long-Term Assets $2.081B $1.952B $1.952B
Total Assets $2.372B $2.222B $2.222B
YoY Change 6.74% -1.77% -1.78%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $60.10M $51.30M $51.30M
YoY Change 17.15% 22.43% 22.43%
Accrued Expenses $42.20M $48.60M $48.60M
YoY Change -13.17% 64.19% 64.19%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $6.100M $2.721M $11.50M
YoY Change -46.96% -71.36% 21.05%
Total Short-Term Liabilities $126.2M $127.1M $127.1M
YoY Change -0.71% 39.65% 39.67%
LONG-TERM LIABILITIES
Long-Term Debt $506.8M $500.2M $509.0M
YoY Change -0.43% -2.32% -0.61%
Other Long-Term Liabilities $135.9M $52.70M $127.3M
YoY Change 6.76% -51.52% 17.11%
Total Long-Term Liabilities $642.7M $552.9M $636.3M
YoY Change 1.01% -10.94% 2.5%
TOTAL LIABILITIES
Total Short-Term Liabilities $126.2M $127.1M $127.1M
Total Long-Term Liabilities $642.7M $552.9M $636.3M
Total Liabilities $891.8M $883.0M $883.0M
YoY Change 1.0% 2.07% 2.07%
SHAREHOLDERS EQUITY
Retained Earnings -$232.6M
YoY Change
Common Stock $95.22M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $10.73M
YoY Change
Treasury Stock Shares $2.765M
Shareholders Equity $1.480B $1.329B $1.339B
YoY Change
Total Liabilities & Shareholders Equity $2.372B $2.222B $2.222B
YoY Change 6.74% -1.78% -1.78%

Cashflow Statement

Concept 2016 2015 Q4 2015
OPERATING ACTIVITIES
Net Income $61.57M -$63.00M -$86.97M
YoY Change -170.8% -472.78% -587.93%
Depreciation, Depletion And Amortization $124.9M $31.10M $112.6M
YoY Change 10.95% 0.0% 0.37%
Cash From Operating Activities $225.3M $27.40M $106.4M
YoY Change 111.68% 12.76% 28.06%
INVESTING ACTIVITIES
Capital Expenditures $164.8M -$42.00M $137.4M
YoY Change 19.9% 32.08% 12.16%
Acquisitions $2.730M $809.0K
YoY Change 237.45%
Other Investing Activities $29.95M $300.0K $1.163M
YoY Change 2474.89% -127.81%
Cash From Investing Activities -$197.5M -$41.70M -$138.6M
YoY Change 42.46% 30.72% 17.11%
FINANCING ACTIVITIES
Cash Dividend Paid $4.419M $4.291M
YoY Change 2.98% 4.68%
Common Stock Issuance & Retirement, Net -$3.681M $1.874M
YoY Change -296.42% -49.89%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -12.02M -3.800M -17.14M
YoY Change -29.88% 8.57% -146.96%
NET CHANGE
Cash From Operating Activities 225.3M 27.40M 106.4M
Cash From Investing Activities -197.5M -41.70M -138.6M
Cash From Financing Activities -12.02M -3.800M -17.14M
Net Change In Cash 15.77M -18.10M -49.30M
YoY Change -131.98% 63.06% -3973.06%
FREE CASH FLOW
Cash From Operating Activities $225.3M $27.40M $106.4M
Capital Expenditures $164.8M -$42.00M $137.4M
Free Cash Flow $60.54M $69.40M -$31.00M
YoY Change -295.3% 23.71% -21.35%

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115468000
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132270000
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5006000
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4469000
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9092000
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5460000
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38685000
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5775000
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5299000
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5382000
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7580000
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128102000
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116289000
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87357000
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73321000
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132270000
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120237000
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6400000
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14200000
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6200000
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1500000
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552000
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0.35
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0.35
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0.5
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0.1
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0.07
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0.01
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36515000
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27563000
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4813000
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12036000
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10215000
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5721000
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12220000
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10098000
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17857000
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21958000
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19667000
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-4649000
CY2015 us-gaap Foreign Currency Transaction Gain Loss Before Tax
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20081000
CY2014 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
10482000
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ForeignCurrencyTransactionGainLossRealized
-2926000
CY2015 us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
24551000
CY2014 us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
11535000
CY2016 us-gaap Foreign Earnings Repatriated
ForeignEarningsRepatriated
0
CY2015 us-gaap Foreign Earnings Repatriated
ForeignEarningsRepatriated
0
CY2014 us-gaap Foreign Earnings Repatriated
ForeignEarningsRepatriated
0
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GainLossOnComponentsExcludedFromAssessmentOfForeignCurrencyCashFlowHedgeEffectiveness
-2000
CY2016 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
147000
CY2015 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
-404000
CY2014 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
25000
CY2016 us-gaap Gain Loss On Sale Of Derivatives
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4423000
CY2015 us-gaap Gain Loss On Sale Of Derivatives
GainLossOnSaleOfDerivatives
8252000
CY2014 us-gaap Gain Loss On Sale Of Derivatives
GainLossOnSaleOfDerivatives
9134000
CY2016 us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
CY2015 us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
-44000
CY2014 us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
CY2016 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
147000
CY2015 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-404000
CY2014 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
25000
CY2016 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
45040000
CY2016 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
116944000
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IncomeLossFromContinuingOperations
-35611000
CY2014 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
21628000
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
96975000
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-30658000
CY2014 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
12584000
CY2016 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
CY2015 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
CY2014 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
CY2014 us-gaap Income Tax Reconciliation Nondeductible Expense Depletion
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-6034000
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34201000
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31538000
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191506000
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38511000
CY2014 us-gaap Gross Profit
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85201000
CY2016 us-gaap Impairment Of Investments
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1000000
CY2015 us-gaap Impairment Of Investments
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2500000
CY2016 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
27428000
CY2015 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
56310000
CY2014 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-5240000
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IncomeTaxReceivable
187000
CY2015Q4 us-gaap Income Tax Receivable
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11458000
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-11336000
CY2015 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
84951000
CY2014 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
6314000
CY2016 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
6853000
CY2015 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
4746000
CY2014 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
5938000
CY2016 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
33941000
CY2015 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-10731000
CY2014 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
4405000
CY2016 us-gaap Income Tax Reconciliation Nondeductible Expense Depletion
IncomeTaxReconciliationNondeductibleExpenseDepletion
-8114000
CY2015 us-gaap Income Tax Reconciliation Nondeductible Expense Depletion
IncomeTaxReconciliationNondeductibleExpenseDepletion
-2432000
CY2014 us-gaap Increase Decrease In Accrued Salaries
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16422000
CY2016 us-gaap Increase Decrease In Deferred Income Taxes
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-2112000
CY2015 us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
-54978000
CY2014 us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
-1895000
CY2016 us-gaap Increase Decrease In Inventories
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5697000
CY2015 us-gaap Increase Decrease In Inventories
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854000
CY2016 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
1311000
CY2015 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
815000
CY2014 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
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1308000
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-390000
CY2015 us-gaap Income Tax Reconciliation Other Reconciling Items
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3506000
CY2014 us-gaap Income Tax Reconciliation Other Reconciling Items
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868000
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IncomeTaxReconciliationStateAndLocalIncomeTaxes
565000
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IncomeTaxReconciliationStateAndLocalIncomeTaxes
3639000
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-1671000
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6333000
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IncomeTaxesPaidNet
-4186000
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-7124000
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-6539000
CY2015 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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-4211000
CY2014 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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-4233000
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6834000
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17705000
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7325000
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-1119000
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-14422000
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-1195000
CY2014 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
580000
CY2016 us-gaap Increase Decrease In Property And Other Taxes Payable
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263000
CY2015 us-gaap Increase Decrease In Property And Other Taxes Payable
IncreaseDecreaseInPropertyAndOtherTaxesPayable
4653000
CY2014 us-gaap Increase Decrease In Property And Other Taxes Payable
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-3612000
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InterestAndOtherIncome
507000
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916000
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286000
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InterestExpense
21796000
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InterestExpense
25389000
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InterestExpense
26775000
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19280000
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22628000
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23749000
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25944000
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22441000
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811000
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1649000
CY2014 us-gaap Inventory Write Down
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CY2015Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
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CY2016 us-gaap Lease And Rental Expense
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4800000
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3800000
CY2014 us-gaap Lease And Rental Expense
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3500000
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2600000
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891833000
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882999000
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2371677000
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2221925000
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127480000
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127084000
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470000
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2721000
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5002000
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1515000
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4
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-17143000
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36504000
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225328000
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106445000
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83124000
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17824000
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-86968000
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69547000
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68995000
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-87520000
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976000
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
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2466000
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
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634000
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-1244000
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-42161000
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1048000
CY2015 us-gaap Noncash Merger Related Costs
NoncashMergerRelatedCosts
CY2014 us-gaap Noncash Merger Related Costs
NoncashMergerRelatedCosts
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-19969000
CY2015 us-gaap Nonoperating Income Expense
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4953000
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-9044000
CY2016 us-gaap Notes Issued1
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CY2015 us-gaap Notes Issued1
NotesIssued1
CY2014 us-gaap Notes Issued1
NotesIssued1
6500000
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4
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OperatingExpenses
74562000
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OperatingExpenses
74122000
CY2014 us-gaap Operating Expenses
OperatingExpenses
63573000
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OperatingIncomeLoss
116944000
CY2015 us-gaap Operating Income Loss
OperatingIncomeLoss
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21628000
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due
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10293000
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due Current
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4571000
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
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653000
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
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993000
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12125000
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9453000
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4884000
CY2015Q4 us-gaap Other Assets Noncurrent
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2783000
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676000
CY2015 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Net Of Tax
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-850000
CY2014 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Net Of Tax
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-6875000
CY2016 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
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-5260000
CY2015 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
CY2014 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
CY2014 us-gaap Other Comprehensive Income Loss Net Of Tax
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-5732000
CY2015 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-600000
CY2016 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-1971000
CY2016 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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-1971000
CY2015 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-600000
CY2014 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-5732000
CY2016 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
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-1000000
CY2015 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
-2993000
CY2014 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
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-2425000
CY2016 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Writedown Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForWritedownOfSecuritiesBeforeTax
1000000
CY2015 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Writedown Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForWritedownOfSecuritiesBeforeTax
3000000
CY2014 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Writedown Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForWritedownOfSecuritiesBeforeTax
2400000
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25000000
CY2013Q4 us-gaap Payments For Legal Settlements
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15000000
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3867000
CY2015 us-gaap Payments Of Dividends Common Stock
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3739000
CY2014 us-gaap Payments Of Dividends Common Stock
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3547000
CY2016 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
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1613000
CY2015 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
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-2743000
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29946000
CY2015 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
1163000
CY2016 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
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552000
CY2015 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
552000
CY2014 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
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-1282000
CY2014 us-gaap Payments For Proceeds From Other Investing Activities
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-4182000
CY2016 us-gaap Payments For Repurchase Of Common Stock
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4440000
CY2015 us-gaap Payments For Repurchase Of Common Stock
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1874000
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3153000
CY2015 us-gaap Other Cost And Expense Operating
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3177000
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2295000
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24079000
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23101000
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10064000
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6884000
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52703000
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174000
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OtherNoncashIncomeExpense
35000
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OtherNoncashIncomeExpense
858000
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CY2015 us-gaap Other Operating Income Expense Net
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CY2014 us-gaap Other Operating Income Expense Net
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9780000
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16401000
us-gaap Payments For Brokerage Fees
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166000
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3740000
CY2016 us-gaap Payments Of Debt Issuance Costs
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127000
CY2015 us-gaap Payments Of Debt Issuance Costs
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127000
CY2014 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
938000
CY2016 us-gaap Payments Of Dividends
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4419000
CY2015 us-gaap Payments Of Dividends
PaymentsOfDividends
4291000
CY2014 us-gaap Payments Of Dividends
PaymentsOfDividends
4099000
CY2014 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
552000
CY2016 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
3931000
CY2015 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
809000
CY2014 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
CY2016 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
48943000
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PaymentsToAcquireInvestments
947000
CY2014 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
580000
CY2016 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
164788000
CY2015 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
137443000
CY2014 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
122537000
CY2016Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Current Liabilities
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420000
CY2015Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Current Liabilities
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39000
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ProceedsFromIssuanceOfCommonStock
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ProceedsFromSaleAndMaturityOfMarketableSecurities
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ProceedsFromSaleMaturityAndCollectionsOfInvestments
CY2015 us-gaap Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
14000
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ProceedsFromSaleMaturityAndCollectionsOfInvestments
CY2016 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
348000
CY2015 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
579000
CY2014 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
428000
CY2016 us-gaap Proceeds From Sale Of Restricted Investments
ProceedsFromSaleOfRestrictedInvestments
CY2015 us-gaap Proceeds From Sale Of Restricted Investments
ProceedsFromSaleOfRestrictedInvestments
CY2014 us-gaap Proceeds From Sale Of Restricted Investments
ProceedsFromSaleOfRestrictedInvestments
4334000
CY2016 us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
CY2014 us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
54418000
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2874778000
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2627088000
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2032685000
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870000
CY2014 us-gaap Repayments Of Debt
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CY2016 us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
8435000
CY2015 us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
9981000
CY2016Q4 us-gaap Related Party Transaction Due From To Related Party
RelatedPartyTransactionDueFromToRelatedParty
CY2015Q4 us-gaap Related Party Transaction Due From To Related Party
RelatedPartyTransactionDueFromToRelatedParty
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2721000
CY2016 us-gaap Repayments Of Long Term Debt And Capital Securities
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11156000
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CY2014 us-gaap Repayments Of Long Term Debt And Capital Securities
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CY2015 us-gaap Research And Development Expense
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CY2014 us-gaap Research And Development Expense
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2200000
CY2015Q4 us-gaap Restricted Cash And Cash Equivalents Noncurrent
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CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
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2.70
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
1138669
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
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4.40
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
2735564
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
3375798
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
2.73
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
3.41
CY2015 us-gaap Stock Repurchased During Period Value
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940000
CY2013Q4 us-gaap Stockholders Equity
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1326419000
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
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1573871
CY2014Q4 us-gaap Stockholders Equity
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1396974000
CY2015Q4 us-gaap Stockholders Equity
StockholdersEquity
1338926000
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
2.82
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
0
CY2016Q4 us-gaap Stockholders Equity
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1479844000
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
0
CY2016 us-gaap Share Based Compensation
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5425000
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CY2016 us-gaap Stock Issued1
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CY2014 us-gaap Stock Issued1
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CY2015 us-gaap Stock Issued During Period Value Employee Benefit Plan
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CY2016 us-gaap Stock Issued During Period Value Employee Benefit Plan
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us-gaap Stock Issued During Period Value New Issues
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CY2016 us-gaap Stock Issued During Period Value New Issues
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CY2015 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
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CY2016 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
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CY2015 us-gaap Stock Issued During Period Value Share Based Compensation
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CY2014 us-gaap Stock Repurchased During Period Value
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CY2016Q4 us-gaap Taxes Payable Current
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CY2015Q4 us-gaap Taxes Payable Current
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CY2016Q4 us-gaap Treasury Stock Shares
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CY2015Q4 us-gaap Treasury Stock Shares
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2764973
CY2016Q4 us-gaap Treasury Stock Value
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15174000
CY2015Q4 us-gaap Treasury Stock Value
TreasuryStockValue
10734000
CY2016 us-gaap Unrealized Gain Loss On Investments
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-177000
CY2015 us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
-3333000
CY2014 us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
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CY2016Q4 us-gaap Unrecognized Tax Benefits
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0
CY2015Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0
CY2016 us-gaap Use Of Estimates
UseOfEstimates
<div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style=" TEXT-ALIGN: justify; MARGIN: 0pt; LINE-HEIGHT: 1.25; TEXT-INDENT: 27pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-style: italic;">B.&nbsp; Assumptions and Use of Estimates&nbsp;&#x2014;&nbsp;</div>Preparing financial statements requires management to make estimates and assumptions that affect the reported amounts and related disclosure of assets, liabilities, revenue and expenses at the date of the consolidated financial statements and reporting periods. We consider our most critical accounting estimates to be future metals prices; obligations for environmental, reclamation and closure matters; mineral reserves; and valuation of business combinations. Other significant areas requiring the use of management assumptions and estimates relate to reserves for contingencies and litigation; asset impairments, including long-lived assets and investments; valuation of deferred tax assets; and post-employment, post-retirement and other employee benefit assets and liabilities. We have based our estimates on historical experience and on various other assumptions that we believe to be reasonable. Accordingly, actual results <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> may</div> differ materially from these estimates under different assumptions or conditions.</div></div></div></div>
CY2016 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
2906000
CY2015 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
CY2014 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
3993000
CY2016 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
389322000
CY2015 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
373954000
CY2014 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
357435000
CY2016 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
386416000
CY2015 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
373954000
CY2014 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
353442000

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