2020 Q2 Form 10-Q Financial Statement

#000136447920000022 Filed on July 23, 2020

View on sec.gov

Income Statement

Concept 2020 Q2 2019 Q2 2019 Q1
Revenue $368.0M $475.1M $475.7M
YoY Change -22.54% -2.14% 10.29%
Cost Of Revenue $162.0M $226.6M $258.4M
YoY Change -28.51% -18.61% 2771.11%
Gross Profit $206.0M $248.5M $217.3M
YoY Change -17.1% 19.99% -48.54%
Gross Profit Margin 55.98% 52.3% 45.68%
Selling, General & Admin $56.80M $73.50M $71.50M
YoY Change -22.72% -4.92% -4.03%
% of Gross Profit 27.57% 29.58% 32.9%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $117.1M $115.5M $115.0M
YoY Change 1.39% 4.34% 7.38%
% of Gross Profit 56.84% 46.48% 52.92%
Operating Expenses $56.80M $73.50M $71.50M
YoY Change -22.72% -4.92% -4.03%
Operating Profit $149.2M $175.0M $145.8M
YoY Change -14.74% 34.82% -58.08%
Interest Expense -$23.30M -$31.60M -$32.90M
YoY Change -26.27% 0.0% 0.92%
% of Operating Profit -15.62% -18.06% -22.57%
Other Income/Expense, Net -$3.800M -$2.600M -$300.0K
YoY Change 46.15% -2700.0% -200.0%
Pretax Income $100.0K $15.00M -$9.800M
YoY Change -99.33% 2900.0% -164.47%
Income Tax -$1.900M $5.300M -$3.100M
% Of Pretax Income -1900.0% 35.33%
Net Earnings $2.000M $9.700M -$6.700M
YoY Change -79.38% 3133.33% -166.34%
Net Earnings / Revenue 0.54% 2.04% -1.41%
Basic Earnings Per Share $0.07 $0.34 -$0.23
Diluted Earnings Per Share $0.07 $0.33 -$0.23
COMMON SHARES
Basic Shares Outstanding 29.10M shares 28.70M shares 28.60M shares
Diluted Shares Outstanding 29.20M shares 29.10M shares 28.60M shares

Balance Sheet

Concept 2020 Q2 2019 Q2 2019 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $83.20M $27.90M $24.50M
YoY Change 198.21% -36.59% -43.02%
Cash & Equivalents $83.20M $27.90M $24.50M
Short-Term Investments
Other Short-Term Assets $44.60M $31.20M $33.50M
YoY Change 42.95% 51.46% 39.58%
Inventory
Prepaid Expenses
Receivables $247.0M $308.4M $316.4M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $374.8M $367.5M $374.4M
YoY Change 1.99% -15.63% -14.17%
LONG-TERM ASSETS
Property, Plant & Equipment $296.7M $270.6M $273.5M
YoY Change 9.65% -5.45% -3.39%
Goodwill $93.60M $91.00M $91.00M
YoY Change 2.86% 0.0% 0.0%
Intangibles $289.9M $292.6M $292.9M
YoY Change -0.92% 1.14% 2.31%
Long-Term Investments
YoY Change
Other Assets $19.00M $25.50M $35.60M
YoY Change -25.49% -39.43% -15.44%
Total Long-Term Assets $3.337B $3.434B $3.292B
YoY Change -2.83% 4.25% 4.92%
TOTAL ASSETS
Total Short-Term Assets $374.8M $367.5M $374.4M
Total Long-Term Assets $3.337B $3.434B $3.292B
Total Assets $3.712B $3.802B $3.666B
YoY Change -2.36% 1.93% 2.59%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $138.1M $296.2M $162.2M
YoY Change -53.38% -23.62% -39.16%
Accrued Expenses $121.7M $104.7M $120.3M
YoY Change 16.24% 0.87% -2.51%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $15.40M $25.40M $23.60M
YoY Change -39.37% 4.96% 12.38%
Total Short-Term Liabilities $310.5M $458.1M $335.5M
YoY Change -32.22% -11.65% -18.9%
LONG-TERM LIABILITIES
Long-Term Debt $1.931B $2.005B $2.019B
YoY Change -3.66% -4.98% -1.72%
Other Long-Term Liabilities $41.70M $45.50M $44.00M
YoY Change -8.35% 24.66% 21.21%
Total Long-Term Liabilities $41.70M $45.50M $44.00M
YoY Change -8.35% 24.66% 21.21%
TOTAL LIABILITIES
Total Short-Term Liabilities $310.5M $458.1M $335.5M
Total Long-Term Liabilities $41.70M $45.50M $44.00M
Total Liabilities $3.078B $3.218B $3.101B
YoY Change -4.35% -0.51% 0.88%
SHAREHOLDERS EQUITY
Retained Earnings -$352.9M -$395.7M -$405.4M
YoY Change -10.82% -16.31% -14.2%
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 $634.0M $583.7M $565.8M
YoY Change
Total Liabilities & Shareholders Equity $3.712B $3.802B $3.666B
YoY Change -2.36% 1.93% 2.59%

Cashflow Statement

Concept 2020 Q2 2019 Q2 2019 Q1
OPERATING ACTIVITIES
Net Income $2.000M $9.700M -$6.700M
YoY Change -79.38% 3133.33% -166.34%
Depreciation, Depletion And Amortization $117.1M $115.5M $115.0M
YoY Change 1.39% 4.34% 7.38%
Cash From Operating Activities $178.9M $141.4M $131.2M
YoY Change 26.52% 36.35% 1.55%
INVESTING ACTIVITIES
Capital Expenditures -$88.50M -$183.6M $11.40M
YoY Change -51.8% -22.47% -20.83%
Acquisitions
YoY Change
Other Investing Activities $49.20M $59.20M $70.50M
YoY Change -16.89% -24.49% 30.31%
Cash From Investing Activities -$39.30M -$124.4M -$23.50M
YoY Change -68.41% -21.46% -45.09%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -112.9M -13.80M -$111.2M
YoY Change 718.12% -124.17% 31.75%
NET CHANGE
Cash From Operating Activities 178.9M 141.4M $131.2M
Cash From Investing Activities -39.30M -124.4M -$23.50M
Cash From Financing Activities -112.9M -13.80M -$111.2M
Net Change In Cash 26.70M 3.200M -$3.300M
YoY Change 734.37% 33.33% -320.0%
FREE CASH FLOW
Cash From Operating Activities $178.9M $141.4M $131.2M
Capital Expenditures -$88.50M -$183.6M $11.40M
Free Cash Flow $267.4M $325.0M $119.8M
YoY Change -17.72% -4.55% 4.36%

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CY2019Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.34
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.06
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.10
CY2020Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.07
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.06
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.10
CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
2000000.0 USD
CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
9700000 USD
us-gaap Net Income Loss
NetIncomeLoss
-1700000 USD
us-gaap Net Income Loss
NetIncomeLoss
3000000.0 USD
CY2020Q2 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
7700000 USD
CY2019Q2 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
4100000 USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
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-13400000 USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
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9400000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
0 USD
CY2019Q2 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
-1800000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
0 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
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CY2020Q2 us-gaap Other Comprehensive Income Loss Net Investment Hedge Gain Loss Reclassification Before Tax
OtherComprehensiveIncomeLossNetInvestmentHedgeGainLossReclassificationBeforeTax
0 USD
CY2019Q2 us-gaap Other Comprehensive Income Loss Net Investment Hedge Gain Loss Reclassification Before Tax
OtherComprehensiveIncomeLossNetInvestmentHedgeGainLossReclassificationBeforeTax
0 USD
us-gaap Other Comprehensive Income Loss Net Investment Hedge Gain Loss Reclassification Before Tax
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us-gaap Other Comprehensive Income Loss Net Investment Hedge Gain Loss Reclassification Before Tax
OtherComprehensiveIncomeLossNetInvestmentHedgeGainLossReclassificationBeforeTax
0 USD
CY2020Q2 us-gaap Other Comprehensive Income Derivatives Qualifying As Hedges Tax Portion Attributable To Parent
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesTaxPortionAttributableToParent
0 USD
CY2019Q2 us-gaap Other Comprehensive Income Derivatives Qualifying As Hedges Tax Portion Attributable To Parent
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesTaxPortionAttributableToParent
400000 USD
us-gaap Other Comprehensive Income Derivatives Qualifying As Hedges Tax Portion Attributable To Parent
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesTaxPortionAttributableToParent
300000 USD
us-gaap Other Comprehensive Income Derivatives Qualifying As Hedges Tax Portion Attributable To Parent
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesTaxPortionAttributableToParent
700000 USD
CY2020Q2 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
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
us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Before Tax
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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
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800000 USD
CY2020Q2 us-gaap Other Comprehensive Income Defined Benefit Plans Tax Portion Attributable To Parent
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CY2019Q2 us-gaap Other Comprehensive Income Defined Benefit Plans Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansTaxPortionAttributableToParent
-100000 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
-200000 USD
CY2020Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
10100000 USD
CY2019Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
3000000.0 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
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us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
7700000 USD
CY2020Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
12100000 USD
CY2019Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
12700000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
10700000 USD
us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
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2800000 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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4900000 USD
CY2020Q1 us-gaap Stockholders Equity
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CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
2000000.0 USD
CY2020Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
10100000 USD
CY2020Q2 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
300000 USD
CY2020Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1700000 USD
CY2020Q2 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Employee Stock Purchase Program Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationEmployeeStockPurchaseProgramRequisiteServicePeriodRecognition
600000 USD
CY2020Q2 us-gaap Stockholders Equity
StockholdersEquity
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CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
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us-gaap Net Income Loss
NetIncomeLoss
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us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
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us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Employee Stock Purchase Program Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationEmployeeStockPurchaseProgramRequisiteServicePeriodRecognition
1200000 USD
CY2020Q2 us-gaap Stockholders Equity
StockholdersEquity
634000000.0 USD
CY2019Q1 us-gaap Stockholders Equity
StockholdersEquity
565800000 USD
CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
9700000 USD
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OtherComprehensiveIncomeLossNetOfTax
3000000.0 USD
CY2019Q2 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
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
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
572700000 USD
us-gaap Net Income Loss
NetIncomeLoss
3000000.0 USD
CY2019Q2 us-gaap Cumulative Effect Of New Accounting Principle In Period Of Adoption
CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption
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us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
7700000 USD
us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
-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
us-gaap Net Income Loss
NetIncomeLoss
-1700000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
3800000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
3400000 USD
us-gaap Net Income Loss
NetIncomeLoss
3000000.0 USD
us-gaap Operating Leases Income Statement Depreciation Expense On Property Subject To Or Held For Lease
OperatingLeasesIncomeStatementDepreciationExpenseOnPropertySubjectToOrHeldForLease
201800000 USD
us-gaap Operating Leases Income Statement Depreciation Expense On Property Subject To Or Held For Lease
OperatingLeasesIncomeStatementDepreciationExpenseOnPropertySubjectToOrHeldForLease
200900000 USD
us-gaap Depreciation Nonproduction
DepreciationNonproduction
27700000 USD
us-gaap Depreciation Nonproduction
DepreciationNonproduction
26200000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
1700000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
3300000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
4900000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
8200000 USD
us-gaap Payments For Restructuring
PaymentsForRestructuring
0 USD
us-gaap Payments For Restructuring
PaymentsForRestructuring
5500000 USD
us-gaap Asset Impairment Charges
AssetImpairmentCharges
9500000 USD
us-gaap Asset Impairment Charges
AssetImpairmentCharges
0 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
23500000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
25200000 USD
hri Increase Decrease In Inventories Prepaid Expense And Other Assets
IncreaseDecreaseInInventoriesPrepaidExpenseAndOtherAssets
2600000 USD
hri Increase Decrease In Inventories Prepaid Expense And Other Assets
IncreaseDecreaseInInventoriesPrepaidExpenseAndOtherAssets
-13100000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-16100000 USD
us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
-1000000.0 USD
us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
1300000 USD
us-gaap Gain Loss On Sale Of Leased Assets Net Operating Leases
GainLossOnSaleOfLeasedAssetsNetOperatingLeases
600000 USD
us-gaap Gain Loss On Sale Of Leased Assets Net Operating Leases
GainLossOnSaleOfLeasedAssetsNetOperatingLeases
-2900000 USD
us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
5700000 USD
us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
3400000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
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us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
12700000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
11700000 USD
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
11700000 USD
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
14400000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
280400000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
272600000 USD
us-gaap Payments To Acquire Equipment On Lease
PaymentsToAcquireEquipmentOnLease
161500000 USD
us-gaap Payments To Acquire Equipment On Lease
PaymentsToAcquireEquipmentOnLease
257100000 USD
hri Proceedsfromthe Saleof Equipmenton Lease
ProceedsfromtheSaleofEquipmentonLease
67900000 USD
hri Proceedsfromthe Saleof Equipmenton Lease
ProceedsfromtheSaleofEquipmentonLease
123700000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
25500000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
20500000 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
2200000 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
4100000 USD
us-gaap Proceeds From Divestiture Of Businesses
ProceedsFromDivestitureOfBusinesses
15300000 USD
us-gaap Proceeds From Divestiture Of Businesses
ProceedsFromDivestitureOfBusinesses
0 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
0 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-1900000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-101600000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-147900000 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
388000000.0 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
253100000 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
507700000 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
374500000 USD
us-gaap Sale Leaseback Transaction Gross Proceeds Financing Activities
SaleLeasebackTransactionGrossProceedsFinancingActivities
0 USD
us-gaap Sale Leaseback Transaction Gross Proceeds Financing Activities
SaleLeasebackTransactionGrossProceedsFinancingActivities
4700000 USD
us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
7400000 USD
us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
8000000.0 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
0 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
400000 USD
us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
1200000 USD
us-gaap Proceeds From Stock Plans
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1200000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
2800000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
1900000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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us-gaap Net Cash Provided By Used In Financing Activities
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us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
100000 USD
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
400000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
50200000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
100000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
33000000.0 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
27800000 USD
CY2020Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
83200000 USD
CY2019Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
27900000 USD
us-gaap Interest Paid Net
InterestPaidNet
47600000 USD
us-gaap Interest Paid Net
InterestPaidNet
61600000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
2600000 USD
us-gaap Income Taxes Paid Net
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3600000 USD
hri Purchasesof Property Subjecttoor Availablefor Operating Leasebutnot Yet Paid
PurchasesofPropertySubjecttoorAvailableforOperatingLeasebutnotYetPaid
33900000 USD
hri Purchasesof Property Subjecttoor Availablefor Operating Leasebutnot Yet Paid
PurchasesofPropertySubjecttoorAvailableforOperatingLeasebutnotYetPaid
141700000 USD
hri Notereceivablerelatedtosaleofjointventure
Notereceivablerelatedtosaleofjointventure
8900000 USD
hri Notereceivablerelatedtosaleofjointventure
Notereceivablerelatedtosaleofjointventure
19000000.0 USD
us-gaap Nature Of Operations
NatureOfOperations
Background <div style="text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">Herc Holdings Inc. ("we," "us," "our," "Herc Holdings,"or "the Company") is one of the leading equipment rental suppliers with approximately 270 locations in North America at June 30, 2020. The Company conducts substantially all of its operations through subsidiaries, including Herc Rentals Inc. ("Herc"). 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="text-align:justify;"><span><br/></span></div><div style="text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">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><sup style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%;vertical-align:top;">R</sup><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">, 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="text-align:justify;"><span><br/></span></div><div style="text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">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 and continues to operate its global vehicle rental business through its operating subsidiaries including The Hertz Corporation ("THC"). The Company began operating as an independent company and changed its name to Herc Holdings Inc. on June 30, 2016.</span></div>
hri Numberof Company Operated Branches
NumberofCompanyOperatedBranches
270 company_operated_branch
CY2020Q2 hri Operating Leases Income Statement Lease Revenue Gross
OperatingLeasesIncomeStatementLeaseRevenueGross
298000000.0 USD
CY2019Q2 hri Operating Leases Income Statement Lease Revenue Gross
OperatingLeasesIncomeStatementLeaseRevenueGross
371500000 USD
CY2020Q2 hri Operating Leases Income Statement Lease Revenue Other
OperatingLeasesIncomeStatementLeaseRevenueOther
29600000 USD
CY2019Q2 hri Operating Leases Income Statement Lease Revenue Other
OperatingLeasesIncomeStatementLeaseRevenueOther
36100000 USD
CY2020Q2 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
327600000 USD
CY2019Q2 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
407600000 USD
CY2020Q2 hri Sales Revenue Revenue Earning Equipment Gross
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31400000 USD
CY2019Q2 hri Sales Revenue Revenue Earning Equipment Gross
SalesRevenueRevenueEarningEquipmentGross
51300000 USD
CY2020Q2 hri Salesof New Equipment Partsand Supplies
SalesofNewEquipmentPartsandSupplies
7000000.0 USD
CY2019Q2 hri Salesof New Equipment Partsand Supplies
SalesofNewEquipmentPartsandSupplies
13200000 USD
CY2020Q2 hri Servicesand Other Revenues
ServicesandOtherRevenues
2000000.0 USD
CY2019Q2 hri Servicesand Other Revenues
ServicesandOtherRevenues
3000000.0 USD
CY2020Q2 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
368000000.0 USD
CY2019Q2 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
475100000 USD
hri Operating Leases Income Statement Lease Revenue Gross
OperatingLeasesIncomeStatementLeaseRevenueGross
651500000 USD
hri Operating Leases Income Statement Lease Revenue Gross
OperatingLeasesIncomeStatementLeaseRevenueGross
718200000 USD
hri Operating Leases Income Statement Lease Revenue Other
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62600000 USD
hri Operating Leases Income Statement Lease Revenue Other
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67000000.0 USD
us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
714100000 USD
us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
785200000 USD
hri Sales Revenue Revenue Earning Equipment Gross
SalesRevenueRevenueEarningEquipmentGross
71400000 USD
hri Sales Revenue Revenue Earning Equipment Gross
SalesRevenueRevenueEarningEquipmentGross
136400000 USD
hri Salesof New Equipment Partsand Supplies
SalesofNewEquipmentPartsandSupplies
14000000.0 USD
hri Salesof New Equipment Partsand Supplies
SalesofNewEquipmentPartsandSupplies
24100000 USD
hri Servicesand Other Revenues
ServicesandOtherRevenues
5100000 USD
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
804200000 USD
hri Servicesand Other Revenues
ServicesandOtherRevenues
4700000 USD
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
950800000 USD
CY2020Q2 hri Sales Revenue Revenue Earning Equipment Gross
SalesRevenueRevenueEarningEquipmentGross
31400000 USD
CY2019Q2 hri Sales Revenue Revenue Earning Equipment Gross
SalesRevenueRevenueEarningEquipmentGross
51300000 USD
hri Sales Revenue Revenue Earning Equipment Gross
SalesRevenueRevenueEarningEquipmentGross
71400000 USD
hri Sales Revenue Revenue Earning Equipment Gross
SalesRevenueRevenueEarningEquipmentGross
136400000 USD
CY2020Q2 hri Sales Revenue New Equipment
SalesRevenueNewEquipment
3100000 USD
CY2019Q2 hri Sales Revenue New Equipment
SalesRevenueNewEquipment
6700000 USD
hri Sales Revenue New Equipment
SalesRevenueNewEquipment
6100000 USD
hri Sales Revenue New Equipment
SalesRevenueNewEquipment
11200000 USD
CY2020Q2 hri Sales Revenue Partsand Supplies
SalesRevenuePartsandSupplies
3900000 USD
CY2019Q2 hri Sales Revenue Partsand Supplies
SalesRevenuePartsandSupplies
6500000 USD
hri Sales Revenue Partsand Supplies
SalesRevenuePartsandSupplies
7900000 USD
hri Sales Revenue Partsand Supplies
SalesRevenuePartsandSupplies
12900000 USD
CY2020Q2 hri Sales Revenue Revenue Earning Equipment Net
SalesRevenueRevenueEarningEquipmentNet
38400000 USD
CY2019Q2 hri Sales Revenue Revenue Earning Equipment Net
SalesRevenueRevenueEarningEquipmentNet
64500000 USD
hri Sales Revenue Revenue Earning Equipment Net
SalesRevenueRevenueEarningEquipmentNet
85400000 USD
hri Sales Revenue Revenue Earning Equipment Net
SalesRevenueRevenueEarningEquipmentNet
160500000 USD
CY2020Q2 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
13200000 USD
CY2019Q4 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
15600000 USD
CY2020Q2 us-gaap Property Subject To Or Available For Operating Lease Gross
PropertySubjectToOrAvailableForOperatingLeaseGross
3786600000 USD
CY2019Q4 us-gaap Property Subject To Or Available For Operating Lease Gross
PropertySubjectToOrAvailableForOperatingLeaseGross
3821600000 USD
CY2020Q2 us-gaap Property Subject To Or Available For Operating Lease Accumulated Depreciation
PropertySubjectToOrAvailableForOperatingLeaseAccumulatedDepreciation
1389900000 USD
CY2019Q4 us-gaap Property Subject To Or Available For Operating Lease Accumulated Depreciation
PropertySubjectToOrAvailableForOperatingLeaseAccumulatedDepreciation
1331600000 USD
CY2020Q2 us-gaap Property Subject To Or Available For Operating Lease Net
PropertySubjectToOrAvailableForOperatingLeaseNet
2396700000 USD
CY2019Q2 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
1300000 USD
CY2019Q4 us-gaap Property Subject To Or Available For Operating Lease Net
PropertySubjectToOrAvailableForOperatingLeaseNet
2490000000.0 USD
CY2019 us-gaap Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
4000000.0 USD
us-gaap Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
2800000 USD
us-gaap Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
1500000 USD
CY2020Q2 us-gaap Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
1700000 USD
CY2020Q1 us-gaap Asset Impairment Charges
AssetImpairmentCharges
6300000 USD
us-gaap Other Asset Impairment Charges
OtherAssetImpairmentCharges
8700000 USD
CY2020Q2 us-gaap Operating Lease Cost
OperatingLeaseCost
17400000 USD
CY2019Q2 us-gaap Operating Lease Cost
OperatingLeaseCost
22300000 USD
us-gaap Operating Lease Cost
OperatingLeaseCost
41700000 USD
us-gaap Operating Lease Cost
OperatingLeaseCost
44700000 USD
CY2020Q2 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
2800000 USD
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
5900000 USD
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
3700000 USD
CY2020Q2 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
400000 USD
CY2019Q2 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
300000 USD
us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
800000 USD
us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
700000 USD
CY2020Q2 us-gaap Sublease Income
SubleaseIncome
8000000.0 USD
CY2019Q2 us-gaap Sublease Income
SubleaseIncome
14400000 USD
us-gaap Sublease Income
SubleaseIncome
23100000 USD
us-gaap Sublease Income
SubleaseIncome
29100000 USD
CY2020Q2 us-gaap Lease Cost
LeaseCost
12600000 USD
CY2019Q2 us-gaap Lease Cost
LeaseCost
9500000 USD
us-gaap Lease Cost
LeaseCost
25300000 USD
us-gaap Lease Cost
LeaseCost
20000000.0 USD
CY2020Q2 us-gaap Short Term Lease Cost
ShortTermLeaseCost
5200000 USD
us-gaap Short Term Lease Cost
ShortTermLeaseCost
17200000 USD
CY2019Q2 us-gaap Short Term Lease Cost
ShortTermLeaseCost
11500000 USD
us-gaap Short Term Lease Cost
ShortTermLeaseCost
23100000 USD
CY2020Q2 us-gaap Variable Lease Cost
VariableLeaseCost
700000 USD
us-gaap Variable Lease Cost
VariableLeaseCost
1500000 USD
CY2019Q2 us-gaap Variable Lease Cost
VariableLeaseCost
700000 USD
us-gaap Variable Lease Cost
VariableLeaseCost
2300000 USD
CY2020Q2 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
7500000 USD
CY2019Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
7900000 USD
CY2020Q2 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities
1946700000 USD
CY2019Q4 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities
2078500000 USD
CY2020Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
15400000 USD
CY2019Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
27000000.0 USD
CY2020Q2 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
1931300000 USD
CY2019Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
2051500000 USD
CY2020Q2 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
1192400000 USD
CY2020Q2 hri Lineof Credit Facility Remaining Borrowing Capacity Under Borrowing Base Limitation
LineofCreditFacilityRemainingBorrowingCapacityUnderBorrowingBaseLimitation
1160800000 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
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
CY2020Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1900000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
800000 USD
CY2020Q2 us-gaap Accrued Environmental Loss Contingencies Current
AccruedEnvironmentalLossContingenciesCurrent
300000 USD
CY2019Q4 us-gaap Accrued Environmental Loss Contingencies Current
AccruedEnvironmentalLossContingenciesCurrent
200000 USD
CY2020Q2 us-gaap Guarantee Obligations Maximum Exposure
GuaranteeObligationsMaximumExposure
5800000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
0 USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-13400000 USD
CY2020Q2 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
2000000.0 USD
CY2019Q2 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
9700000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-1700000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
3000000.0 USD
CY2020Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
29100000 shares
CY2019Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
28700000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
29000000.0 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
28600000 shares
CY2020Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
100000 shares
CY2019Q2 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
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
400000 shares
CY2020Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
29200000 shares
CY2019Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
29100000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
29000000.0 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
29000000.0 shares
CY2020Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.07
CY2019Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.34
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.06
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.10
CY2020Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.07
CY2019Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.33
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.06
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.10

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