2019 Q2 Form 10-Q Financial Statement

#000136447919000023 Filed on August 01, 2019

View on sec.gov

Income Statement

Concept 2019 Q2 2018 Q2 2018 Q1
Revenue $475.1M $485.5M $431.3M
YoY Change -2.14% 16.76% 10.76%
Cost Of Revenue $226.6M $278.4M $9.000M
YoY Change -18.61% 2408.11% 7.14%
Gross Profit $248.5M $207.1M $422.3M
YoY Change 19.99% -48.83% 10.84%
Gross Profit Margin 52.3% 42.66% 97.91%
Selling, General & Admin $73.50M $77.30M $74.50M
YoY Change -4.92% -1.9% -8.14%
% of Gross Profit 29.58% 37.32% 17.64%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $115.5M $110.7M $107.1M
YoY Change 4.34% 3.55% 2.39%
% of Gross Profit 46.48% 53.45% 25.36%
Operating Expenses $73.50M $77.30M $74.50M
YoY Change -4.92% -1.9% -8.14%
Operating Profit $175.0M $129.8M $347.8M
YoY Change 34.82% -60.17% 15.97%
Interest Expense -$31.60M -$31.60M -$32.60M
YoY Change 0.0% -1.25% -20.68%
% of Operating Profit -18.06% -24.35% -9.37%
Other Income/Expense, Net -$2.600M $100.0K $300.0K
YoY Change -2700.0% -120.0% 0.0%
Pretax Income $15.00M $500.0K $15.20M
YoY Change 2900.0% -99.0% -72.01%
Income Tax $5.300M $800.0K -$5.100M
% Of Pretax Income 35.33% 160.0% -33.55%
Net Earnings $9.700M $300.0K $10.10M
YoY Change 3133.33% -101.09% -74.23%
Net Earnings / Revenue 2.04% 0.06% 2.34%
Basic Earnings Per Share $0.34 $0.01 $0.36
Diluted Earnings Per Share $0.33 $0.01 $0.36
COMMON SHARES
Basic Shares Outstanding 28.70M shares 28.40M shares 28.40M shares
Diluted Shares Outstanding 29.10M shares 28.40M shares 28.40M shares

Balance Sheet

Concept 2019 Q2 2018 Q2 2018 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $27.90M $44.00M $43.00M
YoY Change -36.59% 266.67% 76.95%
Cash & Equivalents $27.90M $44.00M $43.00M
Short-Term Investments
Other Short-Term Assets $31.20M $20.60M $24.00M
YoY Change 51.46% -24.82% 18.23%
Inventory $20.70M $22.20M
Prepaid Expenses
Receivables $308.4M $350.3M $347.0M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $367.5M $435.6M $436.2M
YoY Change -15.63% 13.08% 18.47%
LONG-TERM ASSETS
Property, Plant & Equipment $270.6M $286.2M $283.1M
YoY Change -5.45% 1.74% 5.28%
Goodwill $91.00M $91.00M $91.00M
YoY Change 0.0% 0.0% 0.0%
Intangibles $292.6M $289.3M $286.3M
YoY Change 1.14% 2.01% -7.5%
Long-Term Investments
YoY Change
Other Assets $25.50M $42.10M $42.10M
YoY Change -39.43% 20.29% 21.68%
Total Long-Term Assets $3.434B $3.294B $3.138B
YoY Change 4.25% 4.91% 2.0%
TOTAL ASSETS
Total Short-Term Assets $367.5M $435.6M $436.2M
Total Long-Term Assets $3.434B $3.294B $3.138B
Total Assets $3.802B $3.730B $3.574B
YoY Change 1.93% 5.8% 3.76%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $296.2M $387.8M $266.6M
YoY Change -23.62% 23.19% 31.91%
Accrued Expenses $104.7M $103.8M $123.4M
YoY Change 0.87% 30.4% 24.4%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $25.40M $24.20M $21.00M
YoY Change 4.96% 51.25% 34.62%
Total Short-Term Liabilities $458.1M $518.5M $413.7M
YoY Change -11.65% 22.03% 26.01%
LONG-TERM LIABILITIES
Long-Term Debt $2.005B $2.110B $2.055B
YoY Change -4.98% -1.67% -3.21%
Other Long-Term Liabilities $45.50M $36.50M $36.30M
YoY Change 24.66% -5.93% 11.35%
Total Long-Term Liabilities $45.50M $36.50M $36.30M
YoY Change 24.66% -5.93% 11.35%
TOTAL LIABILITIES
Total Short-Term Liabilities $458.1M $518.5M $413.7M
Total Long-Term Liabilities $45.50M $36.50M $36.30M
Total Liabilities $3.218B $3.234B $3.074B
YoY Change -0.51% -0.98% -2.82%
SHAREHOLDERS EQUITY
Retained Earnings -$395.7M -$472.8M -$472.5M
YoY Change -16.31% -31.68% -28.88%
Common Stock $300.0K $300.0K $300.0K
YoY Change 0.0% 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $692.0M $692.0M $692.0M
YoY Change 0.0% 0.0% 0.0%
Treasury Stock Shares 2.700M shares 2.700M shares 2.700M shares
Shareholders Equity $583.7M $495.3M $500.3M
YoY Change
Total Liabilities & Shareholders Equity $3.802B $3.730B $3.574B
YoY Change 1.93% 5.8% 3.76%

Cashflow Statement

Concept 2019 Q2 2018 Q2 2018 Q1
OPERATING ACTIVITIES
Net Income $9.700M $300.0K $10.10M
YoY Change 3133.33% -101.09% -74.23%
Depreciation, Depletion And Amortization $115.5M $110.7M $107.1M
YoY Change 4.34% 3.55% 2.39%
Cash From Operating Activities $141.4M $103.7M $129.2M
YoY Change 36.35% 158.6% 43.72%
INVESTING ACTIVITIES
Capital Expenditures -$183.6M -$236.8M $14.40M
YoY Change -22.47% 110.12% -19.55%
Acquisitions
YoY Change
Other Investing Activities $59.20M $78.40M $54.10M
YoY Change -24.49% 79.41% 16.09%
Cash From Investing Activities -$124.4M -$158.4M -$42.80M
YoY Change -21.46% 129.57% 48.1%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $0.00
YoY Change -100.0%
Cash From Financing Activities -13.80M 57.10M -$84.40M
YoY Change -124.17% 192.82% 35.69%
NET CHANGE
Cash From Operating Activities 141.4M 103.7M $129.2M
Cash From Investing Activities -124.4M -158.4M -$42.80M
Cash From Financing Activities -13.80M 57.10M -$84.40M
Net Change In Cash 3.200M 2.400M $1.500M
YoY Change 33.33% -125.53% -236.36%
FREE CASH FLOW
Cash From Operating Activities $141.4M $103.7M $129.2M
Capital Expenditures -$183.6M -$236.8M $14.40M
Free Cash Flow $325.0M $340.5M $114.8M
YoY Change -4.55% 122.84% 59.44%

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29100000 shares
CY2018Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
28400000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
29000000.0 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
28400000 shares
CY2019Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.34
CY2018Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.01
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.10
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.37
CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
9700000 USD
CY2018Q2 us-gaap Net Income Loss
NetIncomeLoss
-300000 USD
us-gaap Net Income Loss
NetIncomeLoss
3000000.0 USD
us-gaap Net Income Loss
NetIncomeLoss
-10400000 USD
CY2019Q2 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
4100000 USD
CY2018Q2 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-8800000 USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
9400000 USD
us-gaap Other Comprehensive Income Derivatives Qualifying As Hedges Tax Portion Attributable To Parent
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesTaxPortionAttributableToParent
800000 USD
CY2019Q2 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Before Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditBeforeTax
400000 USD
CY2018Q2 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Before Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditBeforeTax
200000 USD
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
572700000 USD
us-gaap Net Income Loss
NetIncomeLoss
3000000.0 USD
us-gaap Net Income Loss
NetIncomeLoss
-10400000 USD
CY2019Q2 us-gaap Cumulative Effect Of New Accounting Principle In Period Of Adoption
CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption
-7600000 USD
us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Before Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditBeforeTax
800000 USD
us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Before Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditBeforeTax
500000 USD
CY2019Q2 us-gaap Other Comprehensive Income Defined Benefit Plans Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansTaxPortionAttributableToParent
-100000 USD
CY2018Q2 us-gaap Other Comprehensive Income Defined Benefit Plans Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansTaxPortionAttributableToParent
0 USD
us-gaap Other Comprehensive Income Defined Benefit Plans Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansTaxPortionAttributableToParent
-200000 USD
us-gaap Other Comprehensive Income Defined Benefit Plans Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansTaxPortionAttributableToParent
-100000 USD
CY2019Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
3000000.0 USD
CY2018Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-8100000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
7700000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-11600000 USD
CY2019Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
12700000 USD
CY2018Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-8400000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
10700000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-22000000.0 USD
CY2019Q1 us-gaap Stockholders Equity
StockholdersEquity
565800000 USD
CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
9700000 USD
CY2019Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
3000000.0 USD
CY2019Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Total Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue
200000 USD
CY2019Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
4300000 USD
CY2019Q2 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Employee Stock Purchase Program Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationEmployeeStockPurchaseProgramRequisiteServicePeriodRecognition
600000 USD
CY2019Q2 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
500000 USD
CY2019Q2 us-gaap Stockholders Equity
StockholdersEquity
583700000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
7700000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Total Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue
2000000.0 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
8200000 USD
us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Employee Stock Purchase Program Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationEmployeeStockPurchaseProgramRequisiteServicePeriodRecognition
1200000 USD
us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
500000 USD
CY2019Q2 us-gaap Stockholders Equity
StockholdersEquity
583700000 USD
CY2018Q1 us-gaap Stockholders Equity
StockholdersEquity
500300000 USD
CY2018Q2 us-gaap Net Income Loss
NetIncomeLoss
-300000 USD
CY2018Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-8100000 USD
CY2018Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Total Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue
900000 USD
CY2018Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
3800000 USD
CY2018Q2 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Employee Stock Purchase Program Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationEmployeeStockPurchaseProgramRequisiteServicePeriodRecognition
500000 USD
CY2018Q2 us-gaap Stockholders Equity
StockholdersEquity
495300000 USD
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
510400000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-11600000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Total Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue
1100000 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
6600000 USD
us-gaap Gain Loss On Sale Of Leased Assets Net Operating Leases
GainLossOnSaleOfLeasedAssetsNetOperatingLeases
2900000 USD
us-gaap Gain Loss On Sale Of Leased Assets Net Operating Leases
GainLossOnSaleOfLeasedAssetsNetOperatingLeases
7700000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
300000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
900000 USD
us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Employee Stock Purchase Program Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationEmployeeStockPurchaseProgramRequisiteServicePeriodRecognition
900000 USD
us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
500000 USD
CY2018Q2 us-gaap Stockholders Equity
StockholdersEquity
495300000 USD
us-gaap Net Income Loss
NetIncomeLoss
3000000.0 USD
us-gaap Net Income Loss
NetIncomeLoss
-10400000 USD
us-gaap Operating Leases Income Statement Depreciation Expense On Property Subject To Or Held For Lease
OperatingLeasesIncomeStatementDepreciationExpenseOnPropertySubjectToOrHeldForLease
200900000 USD
us-gaap Operating Leases Income Statement Depreciation Expense On Property Subject To Or Held For Lease
OperatingLeasesIncomeStatementDepreciationExpenseOnPropertySubjectToOrHeldForLease
190300000 USD
us-gaap Depreciation Nonproduction
DepreciationNonproduction
26200000 USD
us-gaap Depreciation Nonproduction
DepreciationNonproduction
25400000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
3400000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
2100000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
3300000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
3100000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
8200000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
6600000 USD
us-gaap Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
5500000 USD
us-gaap Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
0 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
25200000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
24100000 USD
us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
-1300000 USD
us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
-4300000 USD
us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
3700000 USD
us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
5900000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
12700000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
1400000 USD
hri Increase Decrease In Inventories Prepaid Expense And Other Assets
IncreaseDecreaseInInventoriesPrepaidExpenseAndOtherAssets
-13100000 USD
hri Increase Decrease In Inventories Prepaid Expense And Other Assets
IncreaseDecreaseInInventoriesPrepaidExpenseAndOtherAssets
800000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
11700000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
10600000 USD
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-14400000 USD
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-9700000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
272600000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
232900000 USD
us-gaap Payments To Acquire Equipment On Lease
PaymentsToAcquireEquipmentOnLease
257100000 USD
us-gaap Payments To Acquire Equipment On Lease
PaymentsToAcquireEquipmentOnLease
300500000 USD
hri Proceedsfromthe Saleof Equipmenton Lease
ProceedsfromtheSaleofEquipmentonLease
123700000 USD
hri Proceedsfromthe Saleof Equipmenton Lease
ProceedsfromtheSaleofEquipmentonLease
130100000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
20500000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-27300000 USD
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
400000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
33200000 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
4100000 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
2400000 USD
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-1900000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
100000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-1900000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
2500000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
27800000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
1100000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-125000000.0 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-147900000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-201200000 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
253100000 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
186000000.0 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
374500000 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
204700000 USD
us-gaap Sale Leaseback Transaction Gross Proceeds Financing Activities
SaleLeasebackTransactionGrossProceedsFinancingActivities
4700000 USD
us-gaap Sale Leaseback Transaction Gross Proceeds Financing Activities
SaleLeasebackTransactionGrossProceedsFinancingActivities
0 USD
us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
8000000.0 USD
us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
8900000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
400000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
500000 USD
us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
1200000 USD
us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
900000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
1900000 USD
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
41500000 USD
CY2019Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
27900000 USD
CY2018Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
44000000.0 USD
us-gaap Interest Paid Net
InterestPaidNet
61600000 USD
us-gaap Interest Paid Net
InterestPaidNet
61500000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
3600000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
10700000 USD
hri Purchasesof Property Subjecttoor Availablefor Operating Leasebutnot Yet Paid
PurchasesofPropertySubjecttoorAvailableforOperatingLeasebutnotYetPaid
141700000 USD
hri Purchasesof Property Subjecttoor Availablefor Operating Leasebutnot Yet Paid
PurchasesofPropertySubjecttoorAvailableforOperatingLeasebutnotYetPaid
223700000 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
0 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
3600000 USD
hri Notereceivablerelatedtosaleofjointventure
Notereceivablerelatedtosaleofjointventure
19000000.0 USD
us-gaap Nature Of Operations
NatureOfOperations
<span style="font-family:inherit;font-size:10pt;font-weight:bold;">Background</span><span style="font-family:inherit;font-size:10pt;font-weight:bold;"> </span><div style="line-height:120%;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Herc Holdings Inc. ("we," "us," "our," "Herc Holdings," "the Company" or, as the context requires, "its") is one of the leading equipment rental suppliers with approximately </span><span style="font-family:inherit;font-size:10pt;"><span>265</span></span><span style="font-family:inherit;font-size:10pt;"> locations at </span><span style="font-family:inherit;font-size:10pt;">June 30, 2019</span><span style="font-family:inherit;font-size:10pt;">, principally in North America. The Company conducts substantially all of its operations through subsidiaries, including Herc Rentals Inc. ("Herc"). Operations are conducted under the Herc Rentals brand in the United States and Canada and under the Hertz Equipment Rental brand in other international locations. With over 50 years of experience, the Company is a full-line equipment rental supplier offering a broad portfolio of equipment for rent. In addition to its principal business of equipment rental, the Company sells used equipment and contractor supplies such as construction consumables, tools, small equipment and safety supplies; provides repair, maintenance, equipment management services and safety training to certain of its customers; offers equipment re-rental services and provides on-site support to its customers; and provides ancillary services such as equipment transport, rental protection, cleaning, refueling and labor. </span></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">The Company's classic fleet includes aerial, earthmoving, material handling, trucks and trailers, air compressors, compaction and lighting. The Company's equipment rental business is supported by ProSolutions</span><span style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">TM</sup></span><span style="font-family:inherit;font-size:10pt;">, its industry-specific solutions-based services, which includes power generation, climate control, remediation and restoration, and studio and production equipment, and its ProContractor professional grade tools.</span></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">On June 30, 2016, the Company, in its previous form as the holding company of both the existing equipment rental operations as well as the former vehicle rental operations (in its form prior to the Spin-Off, "Hertz Holdings"), completed a spin-off (the "Spin-Off") of its global vehicle rental business through a dividend to stockholders of all of the issued and outstanding common stock of Hertz Rental Car Holding Company, Inc., which was re-named Hertz Global Holdings, Inc. ("New Hertz") in connection with the Spin-Off. New Hertz is an independent public company that trades on the New York Stock Exchange under the symbol "HTZ" and continues to operate its global vehicle rental business through its operating subsidiaries including The Hertz Corporation ("THC"). The Company changed its name to Herc Holdings Inc. on June 30, 2016, and trades on the New York Stock Exchange under the symbol “HRI.”</span></div>
hri Numberof Company Operated Branches
NumberofCompanyOperatedBranches
265 company_operated_branch
CY2019Q2 hri Operating Leases Income Statement Lease Revenue Gross
OperatingLeasesIncomeStatementLeaseRevenueGross
371500000 USD
CY2018Q2 hri Operating Leases Income Statement Lease Revenue Gross
OperatingLeasesIncomeStatementLeaseRevenueGross
356100000 USD
CY2019Q2 hri Operating Leases Income Statement Lease Revenue Other
OperatingLeasesIncomeStatementLeaseRevenueOther
36100000 USD
CY2018Q2 hri Operating Leases Income Statement Lease Revenue Other
OperatingLeasesIncomeStatementLeaseRevenueOther
36400000 USD
CY2019Q2 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
407600000 USD
CY2018Q2 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
392500000 USD
CY2019Q2 hri Sales Revenue Revenue Earning Equipment Gross
SalesRevenueRevenueEarningEquipmentGross
51300000 USD
CY2018Q2 hri Sales Revenue Revenue Earning Equipment Gross
SalesRevenueRevenueEarningEquipmentGross
78200000 USD
CY2019Q2 hri Salesof New Equipment Partsand Supplies
SalesofNewEquipmentPartsandSupplies
13200000 USD
CY2018Q2 hri Salesof New Equipment Partsand Supplies
SalesofNewEquipmentPartsandSupplies
10800000 USD
CY2019Q2 hri Servicesand Other Revenues
ServicesandOtherRevenues
3000000.0 USD
CY2018Q2 hri Servicesand Other Revenues
ServicesandOtherRevenues
4000000.0 USD
CY2019Q2 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
475100000 USD
CY2018Q2 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
485500000 USD
hri Operating Leases Income Statement Lease Revenue Gross
OperatingLeasesIncomeStatementLeaseRevenueGross
718200000 USD
hri Operating Leases Income Statement Lease Revenue Gross
OperatingLeasesIncomeStatementLeaseRevenueGross
696800000 USD
hri Operating Leases Income Statement Lease Revenue Other
OperatingLeasesIncomeStatementLeaseRevenueOther
67000000.0 USD
hri Operating Leases Income Statement Lease Revenue Other
OperatingLeasesIncomeStatementLeaseRevenueOther
64800000 USD
us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
785200000 USD
us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
761600000 USD
hri Sales Revenue Revenue Earning Equipment Gross
SalesRevenueRevenueEarningEquipmentGross
136400000 USD
hri Sales Revenue Revenue Earning Equipment Gross
SalesRevenueRevenueEarningEquipmentGross
125500000 USD
hri Salesof New Equipment Partsand Supplies
SalesofNewEquipmentPartsandSupplies
24100000 USD
hri Salesof New Equipment Partsand Supplies
SalesofNewEquipmentPartsandSupplies
22200000 USD
hri Servicesand Other Revenues
ServicesandOtherRevenues
5100000 USD
hri Servicesand Other Revenues
ServicesandOtherRevenues
7500000 USD
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
950800000 USD
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
916800000 USD
CY2019Q2 hri Sales Revenue Revenue Earning Equipment Gross
SalesRevenueRevenueEarningEquipmentGross
51300000 USD
CY2018Q2 hri Sales Revenue Revenue Earning Equipment Gross
SalesRevenueRevenueEarningEquipmentGross
78200000 USD
hri Sales Revenue Revenue Earning Equipment Gross
SalesRevenueRevenueEarningEquipmentGross
136400000 USD
hri Sales Revenue Revenue Earning Equipment Gross
SalesRevenueRevenueEarningEquipmentGross
125500000 USD
CY2019Q2 hri Sales Revenue New Equipment
SalesRevenueNewEquipment
6700000 USD
CY2018Q2 hri Sales Revenue New Equipment
SalesRevenueNewEquipment
4600000 USD
hri Sales Revenue New Equipment
SalesRevenueNewEquipment
11200000 USD
hri Sales Revenue New Equipment
SalesRevenueNewEquipment
10400000 USD
CY2019Q2 hri Sales Revenue Partsand Supplies
SalesRevenuePartsandSupplies
6500000 USD
CY2018Q2 hri Sales Revenue Partsand Supplies
SalesRevenuePartsandSupplies
6200000 USD
hri Sales Revenue Partsand Supplies
SalesRevenuePartsandSupplies
12900000 USD
hri Sales Revenue Partsand Supplies
SalesRevenuePartsandSupplies
11800000 USD
CY2019Q2 hri Sales Revenue Revenue Earning Equipment Net
SalesRevenueRevenueEarningEquipmentNet
64500000 USD
CY2018Q2 hri Sales Revenue Revenue Earning Equipment Net
SalesRevenueRevenueEarningEquipmentNet
89000000.0 USD
hri Sales Revenue Revenue Earning Equipment Net
SalesRevenueRevenueEarningEquipmentNet
160500000 USD
hri Sales Revenue Revenue Earning Equipment Net
SalesRevenueRevenueEarningEquipmentNet
147700000 USD
CY2019Q2 us-gaap Property Subject To Or Available For Operating Lease Gross
PropertySubjectToOrAvailableForOperatingLeaseGross
3917800000 USD
CY2018Q4 us-gaap Property Subject To Or Available For Operating Lease Gross
PropertySubjectToOrAvailableForOperatingLeaseGross
3840700000 USD
CY2019Q2 us-gaap Property Subject To Or Available For Operating Lease Accumulated Depreciation
PropertySubjectToOrAvailableForOperatingLeaseAccumulatedDepreciation
1330500000 USD
CY2018Q4 us-gaap Property Subject To Or Available For Operating Lease Accumulated Depreciation
PropertySubjectToOrAvailableForOperatingLeaseAccumulatedDepreciation
1336000000.0 USD
CY2019Q2 us-gaap Property Subject To Or Available For Operating Lease Net
PropertySubjectToOrAvailableForOperatingLeaseNet
2587300000 USD
CY2018Q4 us-gaap Property Subject To Or Available For Operating Lease Net
PropertySubjectToOrAvailableForOperatingLeaseNet
2504700000 USD
CY2019Q2 us-gaap Operating Lease Cost
OperatingLeaseCost
22300000 USD
us-gaap Operating Lease Cost
OperatingLeaseCost
44700000 USD
CY2019Q2 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
1300000 USD
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
3700000 USD
CY2019Q2 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
300000 USD
us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
700000 USD
CY2019Q2 us-gaap Sublease Income
SubleaseIncome
14400000 USD
us-gaap Sublease Income
SubleaseIncome
29100000 USD
CY2019Q2 us-gaap Lease Cost
LeaseCost
9500000 USD
us-gaap Lease Cost
LeaseCost
20000000.0 USD
CY2019Q2 us-gaap Short Term Lease Cost
ShortTermLeaseCost
11500000 USD
us-gaap Short Term Lease Cost
ShortTermLeaseCost
23100000 USD
CY2019Q2 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P3Y4M24D
CY2019Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0422
CY2019Q2 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.0381
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
6300000 USD
CY2019Q2 us-gaap Variable Lease Cost
VariableLeaseCost
700000 USD
us-gaap Variable Lease Cost
VariableLeaseCost
2300000 USD
CY2019Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
167000000.0 USD
CY2019Q2 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
31300000 USD
CY2019Q2 hri Operating Leaseand Finance Lease Rightof Use Asset
OperatingLeaseandFinanceLeaseRightofUseAsset
198300000 USD
CY2019Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
28500000 USD
CY2019Q2 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
18500000 USD
CY2019Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
144500000 USD
CY2019Q2 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
13200000 USD
CY2019Q2 hri Operating Leaseand Finance Lease Liability
OperatingLeaseandFinanceLeaseLiability
204700000 USD
CY2019Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P7Y8M12D
CY2019Q2 us-gaap Operating Lease Payments
OperatingLeasePayments
9700000 USD
us-gaap Operating Lease Payments
OperatingLeasePayments
19600000 USD
CY2019Q2 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
300000 USD
us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
700000 USD
CY2019Q2 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
3000000.0 USD
CY2019Q2 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
12800000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
21500000 USD
CY2019Q2 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
2000000.0 USD
us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
2400000 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
19100000 USD
CY2019Q2 us-gaap Finance Lease Liability Payments Remainder Of Fiscal Year
FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear
15600000 USD
CY2019Q2 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
10100000 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
33700000 USD
CY2019Q2 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
12700000 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
27100000 USD
CY2019Q2 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
1700000 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
22900000 USD
CY2019Q2 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
1500000 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
20500000 USD
CY2019Q2 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
1000000.0 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
82400000 USD
CY2019Q2 us-gaap Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
800000 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
205700000 USD
CY2019Q2 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
33300000 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
32700000 USD
CY2019Q2 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
1600000 USD
CY2019Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
173000000.0 USD
CY2019Q2 us-gaap Finance Lease Liability
FinanceLeaseLiability
31700000 USD
CY2019Q2 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.0381
CY2018Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
10600000 USD
CY2019Q2 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities
2030000000.0 USD
CY2018Q4 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities
2156800000 USD
CY2019Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
25400000 USD
CY2018Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
26900000 USD
CY2019Q2 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
2004600000 USD
CY2018Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
2129900000 USD
CY2019Q2 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
763400000 USD
CY2019Q2 hri Lineof Credit Facility Remaining Borrowing Capacity Under Borrowing Base Limitation
LineofCreditFacilityRemainingBorrowingCapacityUnderBorrowingBaseLimitation
758800000 USD
CY2017Q4 hri Sale Leaseback Transaction Numberof Properties
SaleLeasebackTransactionNumberofProperties
42 property
CY2017Q4 us-gaap Sale Leaseback Transaction Gross Proceeds Financing Activities
SaleLeasebackTransactionGrossProceedsFinancingActivities
119500000 USD
CY2018Q4 hri Sale Leaseback Transaction Numberof Properties
SaleLeasebackTransactionNumberofProperties
2 property
CY2018 us-gaap Sale Leaseback Transaction Gross Proceeds Financing Activities
SaleLeasebackTransactionGrossProceedsFinancingActivities
6400000 USD
CY2017Q4 hri Sale Leaseback Transaction Lease Term Period
SaleLeasebackTransactionLeaseTermPeriod
P20Y
CY2019Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
5300000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2200000 USD
CY2017Q4 hri Sale Leaseback Transaction Renewal Term Numberof Additional Terms
SaleLeasebackTransactionRenewalTermNumberofAdditionalTerms
5 period
hri Sale Leaseback Transaction Length Of Each Additional Period
SaleLeasebackTransactionLengthOfEachAdditionalPeriod
P5Y
us-gaap Sale Leaseback Transaction Gross Proceeds Financing Activities
SaleLeasebackTransactionGrossProceedsFinancingActivities
4700000 USD
CY2019Q2 us-gaap Accrued Environmental Loss Contingencies Current
AccruedEnvironmentalLossContingenciesCurrent
200000 USD
CY2018Q4 us-gaap Accrued Environmental Loss Contingencies Current
AccruedEnvironmentalLossContingenciesCurrent
100000 USD
CY2019Q2 us-gaap Guarantee Obligations Maximum Exposure
GuaranteeObligationsMaximumExposure
7100000 USD
CY2019Q2 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
9700000 USD
CY2018Q2 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-300000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
3000000.0 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-10400000 USD
CY2019Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
28700000 shares
CY2018Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
28400000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
28600000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
28400000 shares
CY2019Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
400000 shares
CY2018Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
400000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2019Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
29100000 shares
CY2018Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
28400000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
29000000.0 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
28400000 shares
CY2019Q2 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.34
CY2018Q2 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.01
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.10
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.37

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