2017 Q4 Form 10-K Financial Statement

#000143774918002671 Filed on February 15, 2018

View on sec.gov

Income Statement

Concept 2017 Q4 2017 2016 Q4
Revenue $160.1M $577.8M $164.2M
YoY Change -2.5% -10.56% 42.41%
Cost Of Revenue $113.8M $425.3M $120.7M
YoY Change -5.72% -7.93% 16.51%
Gross Profit $46.30M $152.4M $43.50M
YoY Change 6.44% -17.15% 271.79%
Gross Profit Margin 28.92% 26.39% 26.49%
Selling, General & Admin $6.600M $35.60M $13.30M
YoY Change -50.38% -20.89% 72.73%
% of Gross Profit 14.25% 23.35% 30.57%
Research & Development $8.400M $3.276M $6.500M
YoY Change 29.23% 1248.15% 91.18%
% of Gross Profit 18.14% 2.15% 14.94%
Depreciation & Amortization $35.20M $126.5M $33.50M
YoY Change 5.07% 1.24% 7.72%
% of Gross Profit 76.03% 82.96% 77.01%
Operating Expenses $17.60M $92.34M $21.60M
YoY Change -18.52% 23.85% 61.19%
Operating Profit $28.70M $60.11M $21.90M
YoY Change 31.05% -45.08% -1388.24%
Interest Expense -$13.40M $38.01M $3.600M
YoY Change -472.22% 74.4% -1000.0%
% of Operating Profit -46.69% 63.24% 16.44%
Other Income/Expense, Net $500.0K -$67.66M $200.0K
YoY Change 150.0% 242.08% -71.43%
Pretax Income $9.600M -$7.557M $25.10M
YoY Change -61.75% -108.43% -1104.0%
Income Tax $68.50M $20.96M $4.800M
% Of Pretax Income 713.54% 19.12%
Net Earnings -$29.00M -$28.52M $20.30M
YoY Change -242.86% -146.32% -132.22%
Net Earnings / Revenue -18.11% -4.94% 12.36%
Basic Earnings Per Share -$0.07
Diluted Earnings Per Share -$72.66K -$0.07 $50.97K
COMMON SHARES
Basic Shares Outstanding 397.4M
Diluted Shares Outstanding 397.4M

Balance Sheet

Concept 2017 Q4 2017 2016 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $219.9M $219.9M $201.1M
YoY Change 9.34% 10.56% 29.55%
Cash & Equivalents $186.1M $186.1M $172.0M
Short-Term Investments $33.76M $33.80M $29.10M
Other Short-Term Assets $10.93M $13.70M $12.13M
YoY Change -9.9% 13.22% 28.27%
Inventory $55.50M $55.50M $50.00M
Prepaid Expenses
Receivables $14.81M $14.80M $20.08M
Other Receivables $17.40M $17.40M $9.900M
Total Short-Term Assets $321.2M $321.2M $291.1M
YoY Change 10.36% 10.34% 8.0%
LONG-TERM ASSETS
Property, Plant & Equipment $1.999B $1.999B $2.033B
YoY Change -1.64% -1.64% 7.16%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $7.600M $7.600M $5.000M
YoY Change 52.0% 52.0% 233.33%
Other Assets $14.51M $17.10M $4.884M
YoY Change 197.07% -60.14% 75.49%
Total Long-Term Assets $2.024B $2.024B $2.065B
YoY Change -1.98% -2.72% 5.75%
TOTAL ASSETS
Total Short-Term Assets $321.2M $321.2M $291.1M
Total Long-Term Assets $2.024B $2.024B $2.065B
Total Assets $2.345B $2.345B $2.356B
YoY Change -0.45% -1.12% 6.02%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $46.50M $46.50M $60.10M
YoY Change -22.63% -22.63% 17.15%
Accrued Expenses $43.70M $43.70M $42.20M
YoY Change 3.55% 3.55% -13.17%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $5.600M $470.0K
YoY Change -8.2% -82.73%
Total Short-Term Liabilities $112.1M $112.1M $126.2M
YoY Change -11.17% -11.17% -0.68%
LONG-TERM LIABILITIES
Long-Term Debt $502.2M $508.4M $501.0M
YoY Change 0.25% 0.32% 0.16%
Other Long-Term Liabilities $12.98M $139.0M $11.52M
YoY Change 12.72% 2.28% -78.15%
Total Long-Term Liabilities $515.2M $647.4M $512.5M
YoY Change 0.53% 0.73% -7.31%
TOTAL LIABILITIES
Total Short-Term Liabilities $112.1M $112.1M $126.2M
Total Long-Term Liabilities $515.2M $647.4M $512.5M
Total Liabilities $883.9M $883.9M $891.8M
YoY Change -0.89% -0.89% 1.0%
SHAREHOLDERS EQUITY
Retained Earnings -$218.1M -$185.0M
YoY Change 17.86% -20.43%
Common Stock $100.9M $99.81M
YoY Change 1.12% 4.82%
Preferred Stock
YoY Change
Treasury Stock (at cost) $18.04M $15.17M
YoY Change 18.9% 41.36%
Treasury Stock Shares $4.529M $3.941M
Shareholders Equity $1.461B $1.461B $1.462B
YoY Change
Total Liabilities & Shareholders Equity $2.345B $2.345B $2.372B
YoY Change -1.12% -1.12% 6.74%

Cashflow Statement

Concept 2017 Q4 2017 2016 Q4
OPERATING ACTIVITIES
Net Income -$29.00M -$28.52M $20.30M
YoY Change -242.86% -146.32% -132.22%
Depreciation, Depletion And Amortization $35.20M $126.5M $33.50M
YoY Change 5.07% 1.24% 7.72%
Cash From Operating Activities $41.80M $115.9M $52.20M
YoY Change -19.92% -48.57% 90.51%
INVESTING ACTIVITIES
Capital Expenditures -$27.60M $98.04M -$44.60M
YoY Change -38.12% -40.51% 6.19%
Acquisitions $0.00
YoY Change -100.0%
Other Investing Activities $1.500M -$1.475M -$800.0K
YoY Change -287.5% -104.93% -366.67%
Cash From Investing Activities -$26.20M -$96.56M -$45.40M
YoY Change -42.29% -51.1% 8.87%
FINANCING ACTIVITIES
Cash Dividend Paid $4.528M
YoY Change 2.47%
Common Stock Issuance & Retirement, Net -$6.742M
YoY Change 83.16%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -2.400M -$5.248M -4.200M
YoY Change -42.86% -56.34% 10.53%
NET CHANGE
Cash From Operating Activities 41.80M $115.9M 52.20M
Cash From Investing Activities -26.20M -$96.56M -45.40M
Cash From Financing Activities -2.400M -$5.248M -4.200M
Net Change In Cash 13.20M $15.16M 2.600M
YoY Change 407.69% -3.85% -114.36%
FREE CASH FLOW
Cash From Operating Activities $41.80M $115.9M $52.20M
Capital Expenditures -$27.60M $98.04M -$44.60M
Free Cash Flow $69.40M $17.84M $96.80M
YoY Change -28.31% -70.53% 39.48%

Facts In Submission

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CY2017 us-gaap Deferred Federal Income Tax Expense Benefit
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CY2017Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Alternative Minimum Tax
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CY2017Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Postretirement Benefits
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CY2016Q4 us-gaap Deferred Tax Assets Unrealized Currency Losses
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CY2015Q4 us-gaap Deferred Tax Assets Valuation Allowance
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CY2016Q4 us-gaap Deferred Tax Liabilities
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CY2016Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
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CY2015 us-gaap Defined Benefit Plan Amortization Of Prior Service Cost Credit
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0.02
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0.0662
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6400000
CY2017Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Five
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CY2017Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Three
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CY2017 us-gaap Defined Benefit Plan Expected Return On Plan Assets
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CY2017Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
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7580000
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CY2016Q4 us-gaap Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Accumulated Benefit Obligation
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128102000
CY2017Q4 us-gaap Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Fair Value Of Plan Assets
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99922000
CY2016Q4 us-gaap Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Fair Value Of Plan Assets
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87357000
CY2017Q4 us-gaap Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Projected Benefit Obligation
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147023000
CY2016Q4 us-gaap Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Projected Benefit Obligation
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CY2017 us-gaap Defined Benefit Plan Plan Amendments
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CY2016 us-gaap Defined Benefit Plan Plan Amendments
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CY2016 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
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442000
CY2015 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
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800000
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3976000
CY2015 us-gaap Dividends Preferred Stock
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552000
CY2016 us-gaap Dividends Preferred Stock
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552000
CY2017 us-gaap Dividends Preferred Stock
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552000
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CY2017 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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0.3
CY2016 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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0.01
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0.18
CY2015 us-gaap Earnings Per Share Diluted
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1095000
CY2016 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
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-74000
CY2015 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
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-5152000
CY2017 us-gaap Effective Income Tax Rate Continuing Operations
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-5.46
CY2016 us-gaap Effective Income Tax Rate Continuing Operations
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0.28
CY2015 us-gaap Effective Income Tax Rate Continuing Operations
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-1.84
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0.35
CY2017 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35
CY2016 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
CY2017 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
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6.72
CY2016 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
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-0.12
CY2015 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
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-2.77
CY2017 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
-10.31
CY2016 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
CY2015 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
CY2017 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.39
CY2016 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
0.07
CY2015 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.15
CY2017 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Depletion
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseDepletion
1.42
CY2016 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Depletion
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-0.08
CY2015 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Depletion
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseDepletion
0.08
CY2017 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost
-0.18
CY2016 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost
0.01
CY2017Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
31259000
CY2016Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
36515000
CY2017Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
3400000
CY2017 us-gaap Environmental Expense And Liabilities
EnvironmentalExpenseAndLiabilities
4508000
CY2016 us-gaap Environmental Expense And Liabilities
EnvironmentalExpenseAndLiabilities
4813000
CY2015 us-gaap Environmental Expense And Liabilities
EnvironmentalExpenseAndLiabilities
12036000
CY2017 us-gaap Environmental Remediation Expense
EnvironmentalRemediationExpense
6701000
CY2016 us-gaap Environmental Remediation Expense
EnvironmentalRemediationExpense
5721000
CY2015 us-gaap Environmental Remediation Expense
EnvironmentalRemediationExpense
12220000
CY2017 us-gaap Exploration Expense Mining
ExplorationExpenseMining
28958000
CY2016 us-gaap Exploration Expense Mining
ExplorationExpenseMining
17857000
CY2015 us-gaap Exploration Expense Mining
ExplorationExpenseMining
21958000
CY2016 us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
-177000
CY2015 us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
-3333000
CY2015 us-gaap Gain Loss On Sale Of Derivatives
GainLossOnSaleOfDerivatives
8252000
CY2017 us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
-166000
CY2016 us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
CY2015 us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
-44000
CY2017 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-10828000
CY2016 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-4649000
CY2015 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
20081000
CY2017 us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
-10300000
CY2016 us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
-2926000
CY2015 us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
24551000
CY2016 us-gaap Foreign Earnings Repatriated
ForeignEarningsRepatriated
0
CY2017 us-gaap Gain Loss On Components Excluded From Assessment Of Foreign Currency Cash Flow Hedge Effectiveness
GainLossOnComponentsExcludedFromAssessmentOfForeignCurrencyCashFlowHedgeEffectiveness
5000
CY2017 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
6042000
CY2016 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
147000
CY2015 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
-404000
CY2017 us-gaap Gain Loss On Investments
GainLossOnInvestments
-167000
CY2016 us-gaap Gain Loss On Investments
GainLossOnInvestments
CY2015 us-gaap Gain Loss On Investments
GainLossOnInvestments
-44000
CY2017 us-gaap Gain Loss On Sale Of Derivatives
GainLossOnSaleOfDerivatives
-21250000
CY2016 us-gaap Gain Loss On Sale Of Derivatives
GainLossOnSaleOfDerivatives
4423000
CY2017 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
6042000
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
CY2017 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
35611000
CY2016 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
45040000
CY2015 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
34201000
CY2017 us-gaap Gross Profit
GrossProfit
156986000
CY2016 us-gaap Gross Profit
GrossProfit
191506000
CY2015 us-gaap Gross Profit
GrossProfit
38511000
CY2016 us-gaap Impairment Of Investments
ImpairmentOfInvestments
1000000
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-3640000
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
CY2017 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
CY2016 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
CY2015 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
CY2017 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
19879000
CY2016 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
27428000
CY2015 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
56310000
us-gaap Income Tax Expense Benefit Continuing Operations Adjustment Of Deferred Tax Asset Liability
IncomeTaxExpenseBenefitContinuingOperationsAdjustmentOfDeferredTaxAssetLiability
30000000
CY2017Q4 us-gaap Income Tax Receivable
IncomeTaxReceivable
10382000
CY2016Q4 us-gaap Income Tax Receivable
IncomeTaxReceivable
187000
CY2017 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
-24464000
CY2016 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
-11336000
CY2015 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
84951000
CY2017 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
37546000
CY2016 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
CY2015 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
CY2017 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
1438000
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
CY2017 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-1274000
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
CY2017 us-gaap Income Tax Reconciliation Nondeductible Expense Depletion
IncomeTaxReconciliationNondeductibleExpenseDepletion
-5174000
CY2016 us-gaap Income Tax Reconciliation Nondeductible Expense Depletion
IncomeTaxReconciliationNondeductibleExpenseDepletion
-8114000
CY2015 us-gaap Income Tax Reconciliation Nondeductible Expense Depletion
IncomeTaxReconciliationNondeductibleExpenseDepletion
-2432000
CY2017 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
661000
CY2016 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
1517000
CY2015 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
1014000
CY2017 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
-677000
CY2016 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
-596000
CY2015 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
3307000
CY2017 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-1112000
CY2016 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
565000
CY2015 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
3639000
CY2017 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
23128000
CY2016 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
6333000
CY2015 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
-4186000
CY2017 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-16434000
CY2016 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-6539000
CY2015 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-4211000
CY2017 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
2414000
CY2016 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-4233000
CY2015 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
6834000
CY2017 us-gaap Increase Decrease In Accrued Salaries
IncreaseDecreaseInAccruedSalaries
2092000
CY2016 us-gaap Increase Decrease In Accrued Salaries
IncreaseDecreaseInAccruedSalaries
17705000
CY2015 us-gaap Increase Decrease In Accrued Salaries
IncreaseDecreaseInAccruedSalaries
7325000
CY2017 us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
-18308000
CY2016 us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
-2112000
CY2015 us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
-54978000
CY2017 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
3744000
CY2016 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
5697000
CY2015 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
854000
CY2017 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
11595000
CY2016 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-14422000
CY2015 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-1195000
CY2017 us-gaap Increase Decrease In Property And Other Taxes Payable
IncreaseDecreaseInPropertyAndOtherTaxesPayable
-2234000
CY2016 us-gaap Increase Decrease In Property And Other Taxes Payable
IncreaseDecreaseInPropertyAndOtherTaxesPayable
263000
CY2015 us-gaap Increase Decrease In Property And Other Taxes Payable
IncreaseDecreaseInPropertyAndOtherTaxesPayable
4653000
CY2017 us-gaap Interest And Other Income
InterestAndOtherIncome
1692000
CY2016 us-gaap Interest And Other Income
InterestAndOtherIncome
507000
CY2015 us-gaap Interest And Other Income
InterestAndOtherIncome
916000
CY2017 us-gaap Interest Expense
InterestExpense
38012000
CY2016 us-gaap Interest Expense
InterestExpense
21796000
CY2015 us-gaap Interest Expense
InterestExpense
25389000
CY2017 us-gaap Interest Paid Net
InterestPaidNet
35624000
CY2016 us-gaap Interest Paid Net
InterestPaidNet
19280000
CY2015 us-gaap Interest Paid Net
InterestPaidNet
22628000
CY2017Q4 us-gaap Interest Payable Current
InterestPayableCurrent
5745000
CY2016Q4 us-gaap Interest Payable Current
InterestPayableCurrent
5745000
CY2017Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
28455000
CY2016Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
25944000
CY2017 us-gaap Inventory Write Down
InventoryWriteDown
CY2016 us-gaap Inventory Write Down
InventoryWriteDown
811000
CY2015 us-gaap Inventory Write Down
InventoryWriteDown
1649000
CY2017Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
CY2016Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
CY2017 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
4800000
CY2016 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
4800000
CY2015 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
3800000
CY2017Q4 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
2600000
CY2017Q3 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
2600000
CY2017Q4 us-gaap Liabilities
Liabilities
881075000
CY2016Q4 us-gaap Liabilities
Liabilities
891833000
CY2017Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2364957000
CY2016Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2371677000
CY2017Q4 us-gaap Liabilities Current
LiabilitiesCurrent
112130000
CY2016Q4 us-gaap Liabilities Current
LiabilitiesCurrent
126225000
CY2017Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
508422000
CY2016Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
506817000
CY2017Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
CY2016Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
470000
CY2017Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
502229000
CY2016Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
500979000
CY2017Q4 us-gaap Long Term Investments
LongTermInvestments
7561000
CY2016Q4 us-gaap Long Term Investments
LongTermInvestments
5002000
CY2017Q4 us-gaap Mine Reclamation And Closing Liability Noncurrent
MineReclamationAndClosingLiabilityNoncurrent
79366000
CY2016Q4 us-gaap Mine Reclamation And Closing Liability Noncurrent
MineReclamationAndClosingLiabilityNoncurrent
79927000
CY2017 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-5248000
CY2016 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-12021000
CY2015 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-17143000
CY2017 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-95395000
CY2016 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-198665000
CY2015 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-138606000
CY2017 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
115878000
CY2016 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
225328000
CY2015 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
106445000
CY2015 us-gaap Net Income Loss
NetIncomeLoss
-86968000
CY2016 us-gaap Net Income Loss
NetIncomeLoss
69547000
CY2017 us-gaap Net Income Loss
NetIncomeLoss
-23519000
CY2017 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-24071000
CY2016 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
68995000
CY2017 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
11229000
CY2017 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
11229000
CY2016 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-1971000
CY2015 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-600000
CY2016 us-gaap Noncash Merger Related Costs
NoncashMergerRelatedCosts
1048000
CY2015 us-gaap Noncash Merger Related Costs
NoncashMergerRelatedCosts
CY2017 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-68283000
CY2016 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-19969000
CY2015 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
4953000
CY2017 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
4
CY2017 us-gaap Operating Expenses
OperatingExpenses
92343000
CY2016 us-gaap Operating Expenses
OperatingExpenses
74562000
CY2015 us-gaap Operating Expenses
OperatingExpenses
74122000
CY2017 us-gaap Operating Income Loss
OperatingIncomeLoss
64643000
CY2016 us-gaap Operating Income Loss
OperatingIncomeLoss
116944000
CY2015 us-gaap Operating Income Loss
OperatingIncomeLoss
-35611000
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
15986000
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
4812000
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
2547000
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
2881000
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
2882000
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
2864000
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
CY2017Q4 us-gaap Other Assets Current
OtherAssetsCurrent
13715000
CY2016Q4 us-gaap Other Assets Current
OtherAssetsCurrent
12125000
CY2017Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
14509000
CY2016Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
4884000
CY2017 us-gaap Other Comprehensive Income Defined Benefit Plan Net Prior Service Costs Credit Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlanNetPriorServiceCostsCreditArisingDuringPeriodNetOfTax
1664000
CY2017 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax
-40579000
CY2017 us-gaap Other Comprehensive Income Derivatives Qualifying As Hedges Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent
10290000
CY2016 us-gaap Other Comprehensive Income Derivatives Qualifying As Hedges Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent
-5260000
CY2015 us-gaap Other Comprehensive Income Derivatives Qualifying As Hedges Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent
CY2017 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
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax
-1326000
CY2016 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
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax
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
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax
-850000
CY2015 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-600000
CY2016 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-1971000
CY2017 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
-167000
CY2016 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
-1000000
CY2015 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
-2993000
CY2017 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Writedown Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForWritedownOfSecuritiesBeforeTax
200000
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
CY2017 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
2098000
CY2016 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
1613000
CY2015 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-2743000
CY2017 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
2513000
CY2015 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
1874000
CY2017 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
476000
CY2016 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
127000
CY2015 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
127000
CY2017Q4 us-gaap Other Inventory Supplies
OtherInventorySupplies
26100000
CY2016Q4 us-gaap Other Inventory Supplies
OtherInventorySupplies
24079000
CY2017Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
10371000
CY2016Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
3064000
CY2017Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
12983000
CY2016Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
11518000
CY2017 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-51000
CY2016 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
174000
CY2015 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
35000
CY2017 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-71506000
CY2016 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-33362000
CY2015 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-19100000
CY2017Q4 us-gaap Other Receivables
OtherReceivables
7003000
CY2016Q4 us-gaap Other Receivables
OtherReceivables
9780000
us-gaap Payments For Brokerage Fees
PaymentsForBrokerageFees
362000
CY2017 us-gaap Payments For Brokerage Fees
PaymentsForBrokerageFees
196000
CY2017 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-2643000
CY2016 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
29946000
CY2015 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
1163000
CY2017 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
2868000
CY2016 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
4440000
CY2017 us-gaap Payments Of Dividends
PaymentsOfDividends
4528000
CY2016 us-gaap Payments Of Dividends
PaymentsOfDividends
4419000
CY2015 us-gaap Payments Of Dividends
PaymentsOfDividends
4291000
CY2017 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
3976000
CY2016 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
3867000
CY2015 us-gaap Payments Of Dividends Common Stock
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3739000
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1
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3.10
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2095318
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3.41
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3.26
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0
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
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18042000
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15174000
CY2017 us-gaap Use Of Estimates
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<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="display: inline; font-family: times new roman; font-size: 10pt"><div style=" margin: 0pt; text-align: justify; text-indent: 27pt; font-family: Times New Roman, Times, serif; font-size: 10pt;"><div style="display: inline; font-style: italic;">B.<div style="display: inline; font-family: Times New Roman, Times, serif; font-size: 10pt;">&nbsp; Assumptions and Use of Estimates&nbsp;&#x2014;&nbsp;</div></div><div style="display: inline; font-family: Times New Roman, Times, serif; font-size: 10pt;">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></div>
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WeightedAverageNumberDilutedSharesOutstandingAdjustment
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2906000
CY2015 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
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CY2016 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2015 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2017 us-gaap Weighted Average Number Of Shares Outstanding Basic
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397394000
CY2016 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
386416000
CY2015 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
373954000

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