2016 Form 10-K Financial Statement

#000117351417000019 Filed on February 28, 2017

View on sec.gov

Income Statement

Concept 2016 2015 Q4 2015 Q3
Revenue $2.570B $645.0M $652.1M
YoY Change -0.33% -9.24% -6.28%
Cost Of Revenue $2.142B $534.4M $545.4M
YoY Change -0.24% -9.93% -6.69%
Gross Profit $427.5M $110.6M $106.7M
YoY Change -0.77% -5.79% -4.13%
Gross Profit Margin 16.64% 17.15% 16.36%
Selling, General & Admin $394.6M $84.40M $77.70M
YoY Change 20.56% 0.24% 3.46%
% of Gross Profit 92.3% 76.31% 72.82%
Research & Development $107.0M
YoY Change 21.18%
% of Gross Profit 25.03%
Depreciation & Amortization $39.10M $6.800M $7.200M
YoY Change 35.29% -6.85% -4.0%
% of Gross Profit 9.15% 6.15% 6.75%
Operating Expenses $394.6M $84.40M $77.70M
YoY Change 20.56% 0.24% 3.46%
Operating Profit $32.90M $26.20M $29.00M
YoY Change -68.21% -21.08% -20.11%
Interest Expense $6.700M $1.900M $1.300M
YoY Change 42.55% 111.11% -18.75%
% of Operating Profit 20.36% 7.25% 4.48%
Other Income/Expense, Net $5.400M $900.0K -$600.0K
YoY Change 440.0% -175.0% -200.0%
Pretax Income $38.30M $29.00M $28.40M
YoY Change -63.35% -11.85% -23.04%
Income Tax -$4.000M $11.70M $7.400M
% Of Pretax Income -10.44% 40.34% 26.06%
Net Earnings $42.80M $17.20M $20.90M
YoY Change -42.7% -34.85% -26.41%
Net Earnings / Revenue 1.67% 2.67% 3.21%
Basic Earnings Per Share $2.61 $1.05 $1.28
Diluted Earnings Per Share $2.61 $1.05 $1.28
COMMON SHARES
Basic Shares Outstanding 16.38M shares 16.32M shares
Diluted Shares Outstanding 16.43M shares 16.36M shares

Balance Sheet

Concept 2016 2015 Q4 2015 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $43.20M $155.1M $114.6M
YoY Change -72.15% 39.23% 17.06%
Cash & Equivalents $43.20M $155.1M $114.6M
Short-Term Investments
Other Short-Term Assets $39.30M $35.10M $50.50M
YoY Change 11.97% 1.45% -6.83%
Inventory $352.2M $304.6M $343.1M
Prepaid Expenses
Receivables $375.3M $324.1M $351.4M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $810.0M $818.9M $859.6M
YoY Change -1.09% -3.23% -3.22%
LONG-TERM ASSETS
Property, Plant & Equipment $255.1M $184.5M $174.4M
YoY Change 38.27% 2.61% 1.75%
Goodwill $0.00
YoY Change
Intangibles $3.600M $3.700M
YoY Change -12.2%
Long-Term Investments $46.10M $42.90M $41.00M
YoY Change 6.71% 8.33% -3.98%
Other Assets $69.00M $13.30M $17.20M
YoY Change 50.98% -29.63% -39.44%
Total Long-Term Assets $477.1M $277.0M $251.6M
YoY Change 72.24% 0.87% 0.96%
TOTAL ASSETS
Total Short-Term Assets $810.0M $818.9M $859.6M
Total Long-Term Assets $477.1M $277.0M $251.6M
Total Assets $1.287B $1.096B $1.111B
YoY Change 17.45% -2.22% -2.3%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $258.9M $279.6M $323.5M
YoY Change -12.36% -15.68% -7.76%
Accrued Expenses $71.50M $76.80M $71.90M
YoY Change -6.9% -14.19% -7.82%
Deferred Revenue
YoY Change
Short-Term Debt $79.00M $0.00 $0.00
YoY Change -100.0%
Long-Term Debt Due $50.00M $33.50M $28.40M
YoY Change 49.25% 71.79% 27.93%
Total Short-Term Liabilities $576.5M $505.2M $530.9M
YoY Change 14.11% -8.61% -7.48%
LONG-TERM LIABILITIES
Long-Term Debt $82.20M $19.60M $18.60M
YoY Change 319.39% 63.33% 111.36%
Other Long-Term Liabilities $146.6M $68.60M $65.30M
YoY Change 35.24% 20.77% 41.65%
Total Long-Term Liabilities $228.8M $88.20M $65.30M
YoY Change 78.75% 28.2% 41.65%
TOTAL LIABILITIES
Total Short-Term Liabilities $576.5M $505.2M $530.9M
Total Long-Term Liabilities $228.8M $88.20M $65.30M
Total Liabilities $823.3M $633.2M $652.8M
YoY Change 29.63% -4.75% -1.82%
SHAREHOLDERS EQUITY
Retained Earnings $336.7M $324.1M
YoY Change 20.08% 25.43%
Common Stock $320.3M $319.8M
YoY Change -1.17% -0.78%
Preferred Stock
YoY Change
Treasury Stock (at cost) $42.50M $42.80M
YoY Change -13.44% 13.23%
Treasury Stock Shares 564.3K shares
Shareholders Equity $463.8M $460.8M $456.6M
YoY Change
Total Liabilities & Shareholders Equity $1.287B $1.096B $1.111B
YoY Change 17.45% -2.22% -2.3%

Cashflow Statement

Concept 2016 2015 Q4 2015 Q3
OPERATING ACTIVITIES
Net Income $42.80M $17.20M $20.90M
YoY Change -42.7% -34.85% -26.41%
Depreciation, Depletion And Amortization $39.10M $6.800M $7.200M
YoY Change 35.29% -6.85% -4.0%
Cash From Operating Activities -$48.90M $58.10M $34.10M
YoY Change -154.7% -1.19% -37.77%
INVESTING ACTIVITIES
Capital Expenditures $42.70M -$17.70M -$10.20M
YoY Change -8.37% 6.63% -32.0%
Acquisitions $116.1M
YoY Change
Other Investing Activities $0.00 $3.400M $2.900M
YoY Change -194.44% 1350.0%
Cash From Investing Activities -$145.1M -$14.30M -$7.300M
YoY Change 363.58% -29.21% -50.68%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00
YoY Change -100.0%
Debt Paid & Issued, Net $56.50M
YoY Change 61.43%
Cash From Financing Activities $77.90M -2.300M -10.30M
YoY Change -1197.18% -89.55% -70.49%
NET CHANGE
Cash From Operating Activities -$48.90M 58.10M 34.10M
Cash From Investing Activities -$145.1M -14.30M -7.300M
Cash From Financing Activities $77.90M -2.300M -10.30M
Net Change In Cash -$116.1M 41.50M 16.50M
YoY Change -327.65% 150.0% 223.53%
FREE CASH FLOW
Cash From Operating Activities -$48.90M $58.10M $34.10M
Capital Expenditures $42.70M -$17.70M -$10.20M
Free Cash Flow -$91.60M $75.80M $44.30M
YoY Change -314.02% 0.53% -36.53%

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CY2015Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
2500000 USD
CY2016Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
2200000 USD
CY2015Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards
DeferredTaxAssetsTaxCreditCarryforwards
27100000 USD
CY2016Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards
DeferredTaxAssetsTaxCreditCarryforwards
31600000 USD
CY2015Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeBenefits
5700000 USD
CY2016Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeBenefits
5200000 USD
CY2015Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Pensions
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsPensions
6400000 USD
CY2016Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Pensions
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsPensions
8200000 USD
CY2015Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities
17400000 USD
CY2016Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities
23200000 USD
CY2015Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Self Insurance
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsSelfInsurance
8700000 USD
CY2016Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Self Insurance
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsSelfInsurance
9300000 USD
CY2015Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Warranty Reserves
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsWarrantyReserves
15800000 USD
CY2016Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Warranty Reserves
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsWarrantyReserves
13700000 USD
CY2015Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
28600000 USD
CY2016Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
29300000 USD
CY2015Q4 us-gaap Deferred Tax Liabilities Deferred Expense Capitalized Inventory Costs
DeferredTaxLiabilitiesDeferredExpenseCapitalizedInventoryCosts
8700000 USD
CY2016Q4 us-gaap Deferred Tax Liabilities Deferred Expense Capitalized Inventory Costs
DeferredTaxLiabilitiesDeferredExpenseCapitalizedInventoryCosts
5800000 USD
CY2015Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
8900000 USD
CY2016Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
25400000 USD
CY2015Q4 us-gaap Deferred Tax Liabilities Undistributed Foreign Earnings
DeferredTaxLiabilitiesUndistributedForeignEarnings
4700000 USD
CY2016Q4 us-gaap Deferred Tax Liabilities Undistributed Foreign Earnings
DeferredTaxLiabilitiesUndistributedForeignEarnings
400000 USD
CY2016 us-gaap Defined Benefit Plan Future Amortization Of Gain Loss
DefinedBenefitPlanFutureAmortizationOfGainLoss
2700000 USD
CY2016 us-gaap Defined Benefit Plan Future Amortization Of Prior Service Cost Credit
DefinedBenefitPlanFutureAmortizationOfPriorServiceCostCredit
-200000 USD
CY2014 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
21600000 USD
CY2015 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
23500000 USD
CY2016 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
21200000 USD
CY2014 us-gaap Depreciation
Depreciation
29700000 USD
CY2015 us-gaap Depreciation
Depreciation
28400000 USD
CY2016 us-gaap Depreciation
Depreciation
34500000 USD
CY2014 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
29700000 USD
CY2015 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
28900000 USD
CY2016 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
39100000 USD
CY2015Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
9000000 USD
CY2016Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
5500000 USD
CY2015Q4 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
18100000 USD
CY2016Q4 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
28500000 USD
CY2014 us-gaap Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
7000000 USD
CY2015 us-gaap Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
8700000 USD
CY2016 us-gaap Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
3000000 USD
CY2014 us-gaap Derivative Instruments Gain Loss Recognized In Income Ineffective Portion And Amount Excluded From Effectiveness Testing Net
DerivativeInstrumentsGainLossRecognizedInIncomeIneffectivePortionAndAmountExcludedFromEffectivenessTestingNet
-800000 USD
CY2015 us-gaap Derivative Instruments Gain Loss Recognized In Income Ineffective Portion And Amount Excluded From Effectiveness Testing Net
DerivativeInstrumentsGainLossRecognizedInIncomeIneffectivePortionAndAmountExcludedFromEffectivenessTestingNet
-100000 USD
CY2016 us-gaap Derivative Instruments Gain Loss Recognized In Income Ineffective Portion And Amount Excluded From Effectiveness Testing Net
DerivativeInstrumentsGainLossRecognizedInIncomeIneffectivePortionAndAmountExcludedFromEffectivenessTestingNet
200000 USD
CY2014 us-gaap Derivative Instruments Gain Loss Recognized In Other Comprehensive Income Effective Portion Net
DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet
9800000 USD
CY2015 us-gaap Derivative Instruments Gain Loss Recognized In Other Comprehensive Income Effective Portion Net
DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet
11100000 USD
CY2016 us-gaap Derivative Instruments Gain Loss Recognized In Other Comprehensive Income Effective Portion Net
DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet
15500000 USD
CY2015Q4 us-gaap Derivative Instruments In Hedges Assets At Fair Value
DerivativeInstrumentsInHedgesAssetsAtFairValue
5700000 USD
CY2016Q4 us-gaap Derivative Instruments In Hedges Assets At Fair Value
DerivativeInstrumentsInHedgesAssetsAtFairValue
3700000 USD
CY2015Q4 us-gaap Derivative Instruments In Hedges Liabilities At Fair Value
DerivativeInstrumentsInHedgesLiabilitiesAtFairValue
13600000 USD
CY2016Q4 us-gaap Derivative Instruments In Hedges Liabilities At Fair Value
DerivativeInstrumentsInHedgesLiabilitiesAtFairValue
24100000 USD
CY2015Q4 us-gaap Derivative Instruments Not Designated As Hedging Instruments Asset At Fair Value
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsAssetAtFairValue
3300000 USD
CY2016Q4 us-gaap Derivative Instruments Not Designated As Hedging Instruments Asset At Fair Value
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsAssetAtFairValue
1800000 USD
CY2014 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
-7400000 USD
CY2015 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
-200000 USD
CY2016 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
-3400000 USD
CY2015Q4 us-gaap Derivative Instruments Not Designated As Hedging Instruments Liability At Fair Value
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsLiabilityAtFairValue
4500000 USD
CY2016Q4 us-gaap Derivative Instruments Not Designated As Hedging Instruments Liability At Fair Value
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsLiabilityAtFairValue
4400000 USD
CY2016 us-gaap Discussion Of Objectives For Using Foreign Currency Derivative Instruments
DiscussionOfObjectivesForUsingForeignCurrencyDerivativeInstruments
The Company uses forward foreign currency exchange contracts to partially reduce risks related to transactions denominated in foreign currencies. These contracts hedge firm commitments and forecasted transactions relating to cash flows associated with sales and purchases denominated in non-functional currencies. The Company offsets fair value amounts related to foreign currency exchange contracts executed with the same counterparty. Changes in the fair value of forward foreign currency exchange contracts that are effective as hedges are recorded in OCI. Deferred gains or losses are reclassified from OCI to the Consolidated Statements of Operations in the same period as the gains or losses from the underlying transactions are recorded and are generally recognized in cost of sales. The ineffective portion of derivatives that are classified as hedges is immediately recognized in earnings and is also generally recognized in cost of sales.
CY2015 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
18400000 USD
CY2016 us-gaap Discussion Of Objectives For Using Interest Rate Derivative Instruments
DiscussionOfObjectivesForUsingInterestRateDerivativeInstruments
The Company has interest rate swap agreements that do not meet the criteria for hedge accounting. The terms of the interest rate swap agreements require the Company to receive a variable interest rate based upon the three-month LIBOR and pay a fixed interest rate. Changes in the fair value of interest rate swap agreements are immediately recognized in earnings and included on the line “Other” in the “Other (income) expense” section of the consolidated statements of operations.
CY2014 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
17800000 USD
CY2016 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
19200000 USD
CY2014 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
6.61
CY2015Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.85
CY2015Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.39
CY2015Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.28
CY2015Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.05
CY2015 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
4.58
CY2016Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.61
CY2016Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.51
CY2016Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.75
CY2016Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.74
CY2016 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.61
CY2014 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
6.58
CY2015Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.85
CY2015Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.39
CY2015Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.28
CY2015Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.05
CY2015 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
4.57
CY2016Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.61
CY2016Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.51
CY2016Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.75
CY2016Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.74
CY2016 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.61
CY2014 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-9400000 USD
CY2015 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-7300000 USD
CY2016 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
4200000 USD
CY2014 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.266
CY2015 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.281
CY2015Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
47700000 USD
CY2016Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
43700000 USD
CY2016 us-gaap Entity Wide Disclosure On Geographic Areas Description Of Revenue From External Customers
EntityWideDisclosureOnGeographicAreasDescriptionOfRevenueFromExternalCustomers
No single country outside of the United States comprised 10% or more of revenues from unaffiliated customers. The “Other” category below includes Canada, Mexico, South America and the Asia and Pacific regions.
CY2014 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
0 USD
CY2015 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
2500000 USD
CY2016 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
5100000 USD
CY2015Q4 us-gaap Equity Method Investment Summarized Financial Information Current Assets
EquityMethodInvestmentSummarizedFinancialInformationCurrentAssets
103200000 USD
CY2016Q4 us-gaap Equity Method Investment Summarized Financial Information Current Assets
EquityMethodInvestmentSummarizedFinancialInformationCurrentAssets
115500000 USD
CY2015Q4 us-gaap Equity Method Investment Summarized Financial Information Current Liabilities
EquityMethodInvestmentSummarizedFinancialInformationCurrentLiabilities
138000000 USD
CY2016Q4 us-gaap Equity Method Investment Summarized Financial Information Current Liabilities
EquityMethodInvestmentSummarizedFinancialInformationCurrentLiabilities
117200000 USD
CY2014 us-gaap Equity Method Investment Summarized Financial Information Gross Profit Loss
EquityMethodInvestmentSummarizedFinancialInformationGrossProfitLoss
108300000 USD
CY2015 us-gaap Equity Method Investment Summarized Financial Information Gross Profit Loss
EquityMethodInvestmentSummarizedFinancialInformationGrossProfitLoss
98700000 USD
CY2016 us-gaap Equity Method Investment Summarized Financial Information Gross Profit Loss
EquityMethodInvestmentSummarizedFinancialInformationGrossProfitLoss
103400000 USD
CY2014 us-gaap Equity Method Investment Summarized Financial Information Income Loss From Continuing Operations Before Extraordinary Items
EquityMethodInvestmentSummarizedFinancialInformationIncomeLossFromContinuingOperationsBeforeExtraordinaryItems
21700000 USD
CY2015 us-gaap Equity Method Investment Summarized Financial Information Income Loss From Continuing Operations Before Extraordinary Items
EquityMethodInvestmentSummarizedFinancialInformationIncomeLossFromContinuingOperationsBeforeExtraordinaryItems
23100000 USD
CY2016 us-gaap Equity Method Investment Summarized Financial Information Income Loss From Continuing Operations Before Extraordinary Items
EquityMethodInvestmentSummarizedFinancialInformationIncomeLossFromContinuingOperationsBeforeExtraordinaryItems
25500000 USD
CY2014 us-gaap Equity Method Investment Summarized Financial Information Net Income Loss
EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss
21700000 USD
CY2015 us-gaap Equity Method Investment Summarized Financial Information Net Income Loss
EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss
23100000 USD
CY2016 us-gaap Equity Method Investment Summarized Financial Information Net Income Loss
EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss
25500000 USD
CY2015Q4 us-gaap Equity Method Investment Summarized Financial Information Noncurrent Assets
EquityMethodInvestmentSummarizedFinancialInformationNoncurrentAssets
1148000000 USD
CY2016Q4 us-gaap Equity Method Investment Summarized Financial Information Noncurrent Assets
EquityMethodInvestmentSummarizedFinancialInformationNoncurrentAssets
1272200000 USD
CY2015Q4 us-gaap Equity Method Investment Summarized Financial Information Noncurrent Liabilities
EquityMethodInvestmentSummarizedFinancialInformationNoncurrentLiabilities
985100000 USD
CY2016Q4 us-gaap Equity Method Investment Summarized Financial Information Noncurrent Liabilities
EquityMethodInvestmentSummarizedFinancialInformationNoncurrentLiabilities
1138000000 USD
CY2014 us-gaap Equity Method Investment Summarized Financial Information Revenue
EquityMethodInvestmentSummarizedFinancialInformationRevenue
361900000 USD
CY2015 us-gaap Equity Method Investment Summarized Financial Information Revenue
EquityMethodInvestmentSummarizedFinancialInformationRevenue
315000000 USD
CY2016 us-gaap Equity Method Investment Summarized Financial Information Revenue
EquityMethodInvestmentSummarizedFinancialInformationRevenue
326700000 USD
CY2015Q4 us-gaap Equity Method Investments
EquityMethodInvestments
42900000 USD
CY2016Q4 us-gaap Equity Method Investments
EquityMethodInvestments
45900000 USD
CY2016 us-gaap Extended Product Warranty Description
ExtendedProductWarrantyDescription
two to five years or up to 2,400 to 10,000 hours
CY2015Q4 us-gaap Fifo Inventory Amount
FIFOInventoryAmount
345000000 USD
CY2016Q4 us-gaap Fifo Inventory Amount
FIFOInventoryAmount
389400000 USD
CY2015Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
500000 USD
CY2016Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
5000000 USD
CY2016Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
5000000 USD
CY2016Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
3700000 USD
CY2016Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
4600000 USD
CY2016Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
4700000 USD
CY2016Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
5000000 USD
CY2015Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
4100000 USD
CY2015Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
3600000 USD
CY2016Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
56200000 USD
CY2016 us-gaap Finitelived Intangible Assets Acquired1
FinitelivedIntangibleAssetsAcquired1
61200000 USD
CY2014 us-gaap Foreign Earnings Repatriated
ForeignEarningsRepatriated
20300000 USD
CY2015 us-gaap Foreign Earnings Repatriated
ForeignEarningsRepatriated
23600000 USD
CY2016 us-gaap Foreign Earnings Repatriated
ForeignEarningsRepatriated
25100000 USD
CY2014 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
17800000 USD
CY2015 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
0 USD
CY2016 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
300000 USD
CY2014 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
17800000 USD
CY2015 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
0 USD
CY2016 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
300000 USD
CY2015Q4 us-gaap Goodwill
Goodwill
0 USD
CY2016Q4 us-gaap Goodwill
Goodwill
50700000 USD
CY2016 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
55900000 USD
CY2016 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-5200000 USD
CY2014 us-gaap Gross Profit
GrossProfit
447700000 USD
CY2015Q1 us-gaap Gross Profit
GrossProfit
102900000 USD
CY2015Q2 us-gaap Gross Profit
GrossProfit
110600000 USD
CY2015Q3 us-gaap Gross Profit
GrossProfit
106700000 USD
CY2015Q4 us-gaap Gross Profit
GrossProfit
110600000 USD
CY2015 us-gaap Gross Profit
GrossProfit
430800000 USD
CY2016Q1 us-gaap Gross Profit
GrossProfit
97900000 USD
CY2016Q2 us-gaap Gross Profit
GrossProfit
114000000 USD
CY2016Q3 us-gaap Gross Profit
GrossProfit
104600000 USD
CY2016Q4 us-gaap Gross Profit
GrossProfit
111000000 USD
CY2016 us-gaap Gross Profit
GrossProfit
427500000 USD
CY2015Q4 us-gaap Guarantee Obligations Maximum Exposure
GuaranteeObligationsMaximumExposure
179800000 USD
CY2016Q4 us-gaap Guarantee Obligations Maximum Exposure
GuaranteeObligationsMaximumExposure
149300000 USD
CY2016 us-gaap Guarantee Obligations Term
GuaranteeObligationsTerm
Terms of the third-party financing arrangements for which the Company is providing recourse or repurchase obligations generally range from one to five years.
CY2016Q4 us-gaap Guarantees Fair Value Disclosure
GuaranteesFairValueDisclosure
274300000 USD
CY2014 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
69100000 USD
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
71200000 USD
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-1200000 USD
CY2014 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
150100000 USD
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
104500000 USD
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
38300000 USD
CY2014 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
81000000 USD
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
33300000 USD
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
39500000 USD
CY2014 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
5600000 USD
CY2015 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
6100000 USD
CY2016 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
7100000 USD
CY2016 us-gaap Income Tax Examination Description
IncomeTaxExaminationDescription
In general, the Company operates in taxing jurisdictions that provide a statute of limitations period ranging from three to five years for the taxing authorities to review the applicable tax filings. The examination of U.S. federal tax returns for all years prior to 2013 have been settled with the Internal Revenue Service or otherwise have essentially closed under the applicable statute of limitations. The Company is currently under examination in various state and non-U.S. jurisdictions and in most cases the statute of limitations has not been extended. The Company believes these examinations are routine in nature and are not expected to result in any material tax assessments.
CY2014 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
39900000 USD
CY2015 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
29400000 USD
CY2016 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-4000000 USD
CY2014 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
-1500000 USD
CY2015 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
5900000 USD
CY2016 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
-200000 USD
CY2014 us-gaap Income Tax Reconciliation Disposition Of Business
IncomeTaxReconciliationDispositionOfBusiness
0 USD
CY2015 us-gaap Income Tax Reconciliation Disposition Of Business
IncomeTaxReconciliationDispositionOfBusiness
-3700000 USD
CY2016 us-gaap Income Tax Reconciliation Disposition Of Business
IncomeTaxReconciliationDispositionOfBusiness
-1900000 USD
CY2014 us-gaap Income Tax Reconciliation Equity In Earnings Losses Of Unconsolidated Subsidiary
IncomeTaxReconciliationEquityInEarningsLossesOfUnconsolidatedSubsidiary
1700000 USD
CY2015 us-gaap Income Tax Reconciliation Equity In Earnings Losses Of Unconsolidated Subsidiary
IncomeTaxReconciliationEquityInEarningsLossesOfUnconsolidatedSubsidiary
1900000 USD
CY2016 us-gaap Income Tax Reconciliation Equity In Earnings Losses Of Unconsolidated Subsidiary
IncomeTaxReconciliationEquityInEarningsLossesOfUnconsolidatedSubsidiary
2200000 USD
CY2014 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-10600000 USD
CY2015 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-10500000 USD
CY2016 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-9600000 USD
CY2014 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
52500000 USD
CY2015 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
36600000 USD
CY2016 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
13400000 USD
CY2014 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-200000 USD
CY2015 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
700000 USD
CY2016 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
700000 USD
CY2014 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
2700000 USD
CY2015 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
4100000 USD
CY2016 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-600000 USD
CY2014 us-gaap Income Tax Reconciliation Tax Credits Research
IncomeTaxReconciliationTaxCreditsResearch
900000 USD
CY2015 us-gaap Income Tax Reconciliation Tax Credits Research
IncomeTaxReconciliationTaxCreditsResearch
1700000 USD
CY2016 us-gaap Income Tax Reconciliation Tax Credits Research
IncomeTaxReconciliationTaxCreditsResearch
1800000 USD
CY2014 us-gaap Income Tax Reconciliation Tax Settlements
IncomeTaxReconciliationTaxSettlements
-500000 USD
CY2015 us-gaap Income Tax Reconciliation Tax Settlements
IncomeTaxReconciliationTaxSettlements
-200000 USD
CY2016 us-gaap Income Tax Reconciliation Tax Settlements
IncomeTaxReconciliationTaxSettlements
2100000 USD
CY2014 us-gaap Income Taxes Paid
IncomeTaxesPaid
34700000 USD
CY2015 us-gaap Income Taxes Paid
IncomeTaxesPaid
32700000 USD
CY2016 us-gaap Income Taxes Paid
IncomeTaxesPaid
19300000 USD
CY2014 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
4700000 USD
CY2015 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-39300000 USD
CY2016 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-53800000 USD
CY2014 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
8500000 USD
CY2015 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-6200000 USD
CY2016 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
27500000 USD
CY2014 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
28800000 USD
CY2015 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-6200000 USD
CY2016 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
14900000 USD
CY2014 us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
-1000000 USD
CY2015 us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
600000 USD
CY2016 us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
3200000 USD
CY2014 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
700000 USD
CY2015 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
3800000 USD
CY2016 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
-6000000 USD
CY2014 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-500000 USD
CY2015 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
2900000 USD
CY2016 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-13200000 USD
CY2015Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
3600000 USD
CY2016Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
56200000 USD
CY2014 us-gaap Interest Expense
InterestExpense
3900000 USD
CY2015 us-gaap Interest Expense
InterestExpense
4700000 USD
CY2016 us-gaap Interest Expense
InterestExpense
6700000 USD
CY2014 us-gaap Interest Income Other
InterestIncomeOther
1100000 USD
CY2015 us-gaap Interest Income Other
InterestIncomeOther
1500000 USD
CY2016 us-gaap Interest Income Other
InterestIncomeOther
2000000 USD
CY2014 us-gaap Interest Paid
InterestPaid
2700000 USD
CY2015 us-gaap Interest Paid
InterestPaid
3600000 USD
CY2016 us-gaap Interest Paid
InterestPaid
5600000 USD
CY2015Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
153000000 USD
CY2016Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
171900000 USD
CY2015Q4 us-gaap Inventory Lifo Reserve
InventoryLIFOReserve
40400000 USD
CY2016Q4 us-gaap Inventory Lifo Reserve
InventoryLIFOReserve
37200000 USD
CY2015Q4 us-gaap Inventory Net
InventoryNet
304600000 USD
CY2016Q4 us-gaap Inventory Net
InventoryNet
352200000 USD
CY2015Q4 us-gaap Inventory Raw Materials And Purchased Parts Net Of Reserves
InventoryRawMaterialsAndPurchasedPartsNetOfReserves
184800000 USD
CY2016Q4 us-gaap Inventory Raw Materials And Purchased Parts Net Of Reserves
InventoryRawMaterialsAndPurchasedPartsNetOfReserves
191400000 USD
CY2015Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
7200000 USD
CY2016Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
26100000 USD
CY2015Q4 us-gaap Land And Land Improvements
LandAndLandImprovements
19600000 USD
CY2016Q4 us-gaap Land And Land Improvements
LandAndLandImprovements
26300000 USD
CY2014 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
18400000 USD
CY2015 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
18300000 USD
CY2016 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
17300000 USD
CY2015Q4 us-gaap Liabilities
Liabilities
633200000 USD
CY2016Q4 us-gaap Liabilities
Liabilities
816700000 USD
CY2015Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1095900000 USD
CY2016Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1287100000 USD
CY2015Q4 us-gaap Liabilities Current
LiabilitiesCurrent
505200000 USD
CY2016Q4 us-gaap Liabilities Current
LiabilitiesCurrent
576500000 USD
CY2015Q4 us-gaap Line Of Credit
LineOfCredit
0 USD
CY2016Q4 us-gaap Line Of Credit
LineOfCredit
116000000 USD
CY2015Q4 us-gaap Line Of Credit Facility Current Borrowing Capacity
LineOfCreditFacilityCurrentBorrowingCapacity
242400000 USD
CY2016Q4 us-gaap Line Of Credit Facility Current Borrowing Capacity
LineOfCreditFacilityCurrentBorrowingCapacity
291200000 USD
CY2014 us-gaap Line Of Credit Facility Increase Decrease For Period Net
LineOfCreditFacilityIncreaseDecreaseForPeriodNet
38300000 USD
CY2015 us-gaap Line Of Credit Facility Increase Decrease For Period Net
LineOfCreditFacilityIncreaseDecreaseForPeriodNet
0 USD
CY2016 us-gaap Line Of Credit Facility Increase Decrease For Period Net
LineOfCreditFacilityIncreaseDecreaseForPeriodNet
-115400000 USD
CY2015Q4 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
242400000 USD
CY2016Q4 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
175200000 USD
CY2015Q4 us-gaap Lines Of Credit Current
LinesOfCreditCurrent
0 USD
CY2016Q4 us-gaap Lines Of Credit Current
LinesOfCreditCurrent
79000000 USD
CY2015Q4 us-gaap Long Term Debt
LongTermDebt
32100000 USD
CY2016Q4 us-gaap Long Term Debt
LongTermDebt
184500000 USD
CY2015Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
19600000 USD
CY2016Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
82200000 USD
CY2015Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
33500000 USD
CY2016Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
129000000 USD
CY2015Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
33500000 USD
CY2016Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
50000000 USD
CY2015Q4 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
32100000 USD
CY2016Q4 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
184500000 USD
CY2016Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
121500000 USD
CY2016Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
200000 USD
CY2016Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
3800000 USD
CY2016Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
9000000 USD
CY2016Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
50000000 USD
CY2015Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
19600000 USD
CY2016Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
82200000 USD
CY2015Q4 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
569300000 USD
CY2016Q4 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
645100000 USD
CY2015Q4 us-gaap Minority Interest
MinorityInterest
1900000 USD
CY2016Q4 us-gaap Minority Interest
MinorityInterest
6600000 USD
CY2016 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
200000 USD
CY2016 us-gaap Minority Interest Decrease From Redemptions
MinorityInterestDecreaseFromRedemptions
62200000 USD
CY2014 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-110500000 USD
CY2015 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-7100000 USD
CY2016 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
77900000 USD
CY2014 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-44400000 USD
CY2015 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-31300000 USD
CY2016 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-145100000 USD
CY2014 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
100000000 USD
CY2015 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
89400000 USD
CY2016 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
-48900000 USD
CY2014 us-gaap Net Income Loss
NetIncomeLoss
109800000 USD
CY2015Q1 us-gaap Net Income Loss
NetIncomeLoss
13900000 USD
CY2015Q2 us-gaap Net Income Loss
NetIncomeLoss
22700000 USD
CY2015Q3 us-gaap Net Income Loss
NetIncomeLoss
20900000 USD
CY2015Q4 us-gaap Net Income Loss
NetIncomeLoss
17200000 USD
CY2015 us-gaap Net Income Loss
NetIncomeLoss
74700000 USD
CY2016Q1 us-gaap Net Income Loss
NetIncomeLoss
10000000 USD
CY2016Q2 us-gaap Net Income Loss
NetIncomeLoss
8300000 USD
CY2016Q3 us-gaap Net Income Loss
NetIncomeLoss
12300000 USD
CY2016Q4 us-gaap Net Income Loss
NetIncomeLoss
12200000 USD
CY2016 us-gaap Net Income Loss
NetIncomeLoss
42800000 USD
CY2014 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
400000 USD
CY2015 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
400000 USD
CY2016 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-500000 USD
CY2016 us-gaap Noncontrolling Interest Increase From Business Combination
NoncontrollingInterestIncreaseFromBusinessCombination
69800000 USD
CY2014Q4 us-gaap Noncurrent Assets
NoncurrentAssets
219400000 USD
CY2015Q4 us-gaap Noncurrent Assets
NoncurrentAssets
227400000 USD
CY2016Q4 us-gaap Noncurrent Assets
NoncurrentAssets
301000000 USD
CY2014 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
1300000 USD
CY2015 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
1000000 USD
CY2016 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
3400000 USD
CY2016 us-gaap Objectives For Using Net Investment Hedging Instruments
ObjectivesForUsingNetInvestmentHedgingInstruments
Certain of the Company's forward foreign currency contracts were designated as net investment hedges of the Company's net investment in its foreign subsidiaries. For derivative instruments that were designated and qualified as a hedge of a net investment in foreign currency, the gain or loss was reported in other comprehensive income as part of the cumulative translation adjustment to the extent it is effective. The Company utilizes the forward-rate method of assessing hedge effectiveness. Any ineffective portion of net investment hedges would be recognized in the Consolidated Statements of Operations in the same period as the change.
CY2014 us-gaap Operating Expenses
OperatingExpenses
298900000 USD
CY2015 us-gaap Operating Expenses
OperatingExpenses
327300000 USD
CY2016 us-gaap Operating Expenses
OperatingExpenses
392600000 USD
CY2014 us-gaap Operating Income Loss
OperatingIncomeLoss
148800000 USD
CY2015Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
21000000 USD
CY2015Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
27300000 USD
CY2015Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
29000000 USD
CY2015Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
26200000 USD
CY2015 us-gaap Operating Income Loss
OperatingIncomeLoss
103500000 USD
CY2016Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
9700000 USD
CY2016Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
11400000 USD
CY2016Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
5400000 USD
CY2016Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
8400000 USD
CY2016 us-gaap Operating Income Loss
OperatingIncomeLoss
34900000 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
48400000 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
18400000 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due Future Minimum Sublease Rentals
OperatingLeasesFutureMinimumPaymentsDueFutureMinimumSubleaseRentals
21800000 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
1700000 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
4500000 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
7600000 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
14200000 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
2000000 USD
CY2014 us-gaap Operating Leases Income Statement Sublease Revenue
OperatingLeasesIncomeStatementSubleaseRevenue
5300000 USD
CY2015 us-gaap Operating Leases Income Statement Sublease Revenue
OperatingLeasesIncomeStatementSubleaseRevenue
2700000 USD
CY2016 us-gaap Operating Leases Income Statement Sublease Revenue
OperatingLeasesIncomeStatementSubleaseRevenue
5300000 USD
CY2015Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
99500000 USD
CY2016Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
117100000 USD
CY2015Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
13300000 USD
CY2016Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
25300000 USD
CY2016Q4 us-gaap Other Borrowings
OtherBorrowings
78500000 USD
CY2014 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest
0 USD
CY2015 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest
0 USD
CY2016 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest
-2200000 USD
CY2014 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
-300000 USD
CY2015 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
-300000 USD
CY2016 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
-300000 USD
CY2014 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-52500000 USD
CY2015 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-57800000 USD
CY2016 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-28300000 USD
CY2014 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-41700000 USD
CY2015 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-49700000 USD
CY2016 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-1900000 USD
CY2014 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Reclassification Adjustments And Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsAndTax
7000000 USD
CY2015 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Reclassification Adjustments And Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsAndTax
3400000 USD
CY2016 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Reclassification Adjustments And Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsAndTax
17400000 USD
CY2014 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Before Reclassification Adjustments Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansBeforeReclassificationAdjustmentsTax
-3600000 USD
CY2015 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Before Reclassification Adjustments Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansBeforeReclassificationAdjustmentsTax
-1500000 USD
CY2016 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Before Reclassification Adjustments Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansBeforeReclassificationAdjustmentsTax
-3800000 USD
CY2014 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesBeforeTax
-6200000 USD
CY2015 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesBeforeTax
-8700000 USD
CY2016 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesBeforeTax
-3000000 USD
CY2014 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
-3700000 USD
CY2015 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
-2700000 USD
CY2016 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
-800000 USD
CY2014 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax
-2500000 USD
CY2015 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax
-6000000 USD
CY2016 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax
-2200000 USD
CY2014 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansBeforeTax
5200000 USD
CY2015 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansBeforeTax
3200000 USD
CY2016 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansBeforeTax
2700000 USD
CY2014 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax
-5500000 USD
CY2015 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax
-3500000 USD
CY2016 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax
-3000000 USD
CY2014 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax
3700000 USD
CY2015 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax
2300000 USD
CY2016 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax
2000000 USD
CY2014 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax
1500000 USD
CY2015 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax
900000 USD
CY2016 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax
700000 USD
CY2014 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-3800000 USD
CY2015 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-4700000 USD
CY2016 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-9000000 USD
CY2014 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
-6400000 USD
CY2015 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
-6400000 USD
CY2016 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
-6500000 USD
CY2015Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
68600000 USD
CY2016Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
89700000 USD
CY2014 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-300000 USD
CY2015 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-1000000 USD
CY2016 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
15100000 USD
CY2014 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-400000 USD
CY2015 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-400000 USD
CY2016 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
3000000 USD
CY2014 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
700000 USD
CY2015 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
0 USD
CY2016 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
0 USD
CY2014 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
48200000 USD
CY2015 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
100000 USD
CY2016 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 USD
CY2014 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
17800000 USD
CY2015 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
18400000 USD
CY2016 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
19200000 USD
CY2014 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
0 USD
CY2015 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
0 USD
CY2016 us-gaap Payments Of Dividends Minority Interest
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CY2015 us-gaap Payments Of Financing Costs
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0 USD
CY2016 us-gaap Payments Of Financing Costs
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1700000 USD
CY2014 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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3900000 USD
CY2015 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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CY2016 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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116100000 USD
CY2014 us-gaap Payments To Acquire Property Plant And Equipment
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48500000 USD
CY2015 us-gaap Payments To Acquire Property Plant And Equipment
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46600000 USD
CY2016 us-gaap Payments To Acquire Property Plant And Equipment
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42700000 USD
CY2015Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
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22300000 USD
CY2016Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
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37200000 USD
CY2015Q4 us-gaap Percentage Of Lifo Inventory
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0.58
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0.54
CY2015Q4 us-gaap Prepaid Expense And Other Assets Current
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35100000 USD
CY2016Q4 us-gaap Prepaid Expense And Other Assets Current
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39300000 USD
CY2014 us-gaap Proceeds From Income Tax Refunds
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1200000 USD
CY2015 us-gaap Proceeds From Income Tax Refunds
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200000 USD
CY2016 us-gaap Proceeds From Income Tax Refunds
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11100000 USD
CY2014 us-gaap Proceeds From Issuance Of Long Term Debt
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31100000 USD
CY2015 us-gaap Proceeds From Issuance Of Long Term Debt
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46400000 USD
CY2016 us-gaap Proceeds From Issuance Of Long Term Debt
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40100000 USD
CY2014 us-gaap Proceeds From Payments For Other Financing Activities
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-200000 USD
CY2015 us-gaap Proceeds From Payments For Other Financing Activities
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0 USD
CY2016 us-gaap Proceeds From Payments For Other Financing Activities
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0 USD
CY2014 us-gaap Proceeds From Previous Acquisition
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0 USD
CY2015 us-gaap Proceeds From Previous Acquisition
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900000 USD
CY2016 us-gaap Proceeds From Previous Acquisition
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0 USD
CY2014 us-gaap Proceeds From Sale Of Property Plant And Equipment
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8700000 USD
CY2015 us-gaap Proceeds From Sale Of Property Plant And Equipment
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14400000 USD
CY2016 us-gaap Proceeds From Sale Of Property Plant And Equipment
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13700000 USD
CY2014Q4 us-gaap Product Warranty Accrual
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51100000 USD
CY2015Q4 us-gaap Product Warranty Accrual
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55500000 USD
CY2016Q4 us-gaap Product Warranty Accrual
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52300000 USD
CY2015Q4 us-gaap Product Warranty Accrual Classified Current
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29100000 USD
CY2016Q4 us-gaap Product Warranty Accrual Classified Current
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27800000 USD
CY2015 us-gaap Product Warranty Accrual Payments
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25800000 USD
CY2016 us-gaap Product Warranty Accrual Payments
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27900000 USD
CY2015 us-gaap Product Warranty Accrual Preexisting Increase Decrease
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-3100000 USD
CY2016 us-gaap Product Warranty Accrual Preexisting Increase Decrease
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-10100000 USD
CY2015 us-gaap Product Warranty Accrual Warranties Issued
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34700000 USD
CY2016 us-gaap Product Warranty Accrual Warranties Issued
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35400000 USD
CY2014 us-gaap Profit Loss
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110200000 USD
CY2015Q1 us-gaap Profit Loss
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CY2015Q2 us-gaap Profit Loss
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22800000 USD
CY2015Q3 us-gaap Profit Loss
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21000000 USD
CY2015Q4 us-gaap Profit Loss
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17300000 USD
CY2015 us-gaap Profit Loss
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75100000 USD
CY2016Q1 us-gaap Profit Loss
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9900000 USD
CY2016Q2 us-gaap Profit Loss
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8300000 USD
CY2016Q4 us-gaap Property Plant And Equipment Net
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255100000 USD
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-7400000 USD
CY2015 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
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-5000000 USD
CY2016 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
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-2800000 USD
CY2014 us-gaap Repayments Of Long Term Debt
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37100000 USD
CY2016Q3 us-gaap Profit Loss
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CY2016Q4 us-gaap Profit Loss
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12100000 USD
CY2016 us-gaap Profit Loss
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42300000 USD
CY2016 us-gaap Property Plant And Equipment Depreciation Methods
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Buildings are generally depreciated using a 20, 40 or 50-year life, improvements to land and buildings are depreciated over estimated useful lives ranging up to 40 years and equipment is depreciated over estimated useful lives ranging from three to 15 years.
CY2015Q4 us-gaap Property Plant And Equipment Gross
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588900000 USD
CY2016Q4 us-gaap Property Plant And Equipment Gross
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671400000 USD
CY2015Q4 us-gaap Property Plant And Equipment Net
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184500000 USD
CY2015 us-gaap Repayments Of Long Term Debt
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35000000 USD
CY2016 us-gaap Repayments Of Long Term Debt
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56500000 USD
CY2014 us-gaap Research And Development Expense
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71400000 USD
CY2015 us-gaap Research And Development Expense
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88300000 USD
CY2016 us-gaap Research And Development Expense
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107000000 USD
CY2015Q4 us-gaap Retained Earnings Accumulated Deficit
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336700000 USD
CY2016Q4 us-gaap Retained Earnings Accumulated Deficit
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360300000 USD
CY2014 us-gaap Revenues
Revenues
2767200000 USD
CY2015Q1 us-gaap Revenues
Revenues
622300000 USD
CY2015Q2 us-gaap Revenues
Revenues
658700000 USD
CY2015Q3 us-gaap Revenues
Revenues
652100000 USD
CY2015Q4 us-gaap Revenues
Revenues
645000000 USD
CY2015 us-gaap Revenues
Revenues
2578100000 USD
CY2016Q1 us-gaap Revenues
Revenues
604200000 USD
CY2016Q2 us-gaap Revenues
Revenues
645600000 USD
CY2016Q3 us-gaap Revenues
Revenues
629300000 USD
CY2016Q4 us-gaap Revenues
Revenues
690600000 USD
CY2016 us-gaap Revenues
Revenues
2569700000 USD
CY2016 us-gaap Segment Reporting Disclosure Of Major Customers
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In addition, no single customer comprised 10% or more of revenues from unaffiliated customers.
CY2015Q4 us-gaap Self Insurance Reserve Noncurrent
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17500000 USD
CY2016Q4 us-gaap Self Insurance Reserve Noncurrent
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19700000 USD
CY2014 us-gaap Selling General And Administrative Expense
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316700000 USD
CY2015 us-gaap Selling General And Administrative Expense
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327300000 USD
CY2016 us-gaap Selling General And Administrative Expense
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392900000 USD
CY2014 us-gaap Share Based Compensation
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6000000 USD
CY2015 us-gaap Share Based Compensation
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2900000 USD
CY2016 us-gaap Share Based Compensation
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4900000 USD
CY2016Q4 us-gaap Significant Change In Unrecognized Tax Benefits Is Reasonably Possible Amount Of Unrecorded Benefit
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5600000 USD
CY2015 us-gaap Standard And Extended Product Warranty Accrual Foreign Currency Translation Gain Loss
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1400000 USD
CY2016 us-gaap Standard And Extended Product Warranty Accrual Foreign Currency Translation Gain Loss
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600000 USD
CY2016 us-gaap Standard Product Warranty Description
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six to twelve months or 1,000 to 2,000 hours
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0 USD
CY2015 us-gaap Stock Issued During Period Value Share Based Compensation
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0 USD
CY2016 us-gaap Stock Issued During Period Value Share Based Compensation
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0 USD
CY2015Q4 us-gaap Stockholders Equity
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460800000 USD
CY2016Q4 us-gaap Stockholders Equity
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463800000 USD
CY2013Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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450900000 USD
CY2014Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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456000000 USD
CY2015Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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462700000 USD
CY2016Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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470400000 USD
CY2015Q4 us-gaap Tax Credit Carryforward Valuation Allowance
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21700000 USD
CY2016Q4 us-gaap Tax Credit Carryforward Valuation Allowance
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23600000 USD
CY2015Q4 us-gaap Treasury Stock Shares
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564291 shares
CY2016Q4 us-gaap Treasury Stock Shares
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497353 shares
CY2015Q4 us-gaap Treasury Stock Value
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42500000 USD
CY2016Q4 us-gaap Treasury Stock Value
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36900000 USD
CY2014 us-gaap Treasury Stock Value Acquired Cost Method
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48200000 USD
CY2015 us-gaap Treasury Stock Value Acquired Cost Method
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100000 USD
CY2016Q4 us-gaap Undistributed Earnings Of Foreign Subsidiaries
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310000000 USD
CY2013Q4 us-gaap Unrecognized Tax Benefits
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5300000 USD
CY2014Q4 us-gaap Unrecognized Tax Benefits
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4300000 USD
CY2015Q4 us-gaap Unrecognized Tax Benefits
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3800000 USD
CY2016Q4 us-gaap Unrecognized Tax Benefits
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11200000 USD
CY2014 us-gaap Unrecognized Tax Benefits Decreases Resulting From Foreign Currency Translation
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300000 USD
CY2015 us-gaap Unrecognized Tax Benefits Decreases Resulting From Foreign Currency Translation
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200000 USD
CY2016 us-gaap Unrecognized Tax Benefits Decreases Resulting From Foreign Currency Translation
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900000 USD
CY2014 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
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1600000 USD
CY2015 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
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1100000 USD
CY2016 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
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900000 USD
CY2014Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
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200000 USD
CY2015Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
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300000 USD
CY2016Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
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900000 USD
CY2014 us-gaap Unrecognized Tax Benefits Increases Resulting From Acquisition
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0 USD
CY2015 us-gaap Unrecognized Tax Benefits Increases Resulting From Acquisition
UnrecognizedTaxBenefitsIncreasesResultingFromAcquisition
0 USD
CY2016 us-gaap Unrecognized Tax Benefits Increases Resulting From Acquisition
UnrecognizedTaxBenefitsIncreasesResultingFromAcquisition
6300000 USD
CY2014 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
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900000 USD
CY2015 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
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700000 USD
CY2016 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
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2800000 USD
CY2014 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
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0 USD
CY2015 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
100000 USD
CY2016 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
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100000 USD
CY2014Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
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4200000 USD
CY2015Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
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3800000 USD
CY2016Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
11100000 USD
CY2015Q4 us-gaap Unsecured Debt
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32100000 USD
CY2016Q4 us-gaap Unsecured Debt
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68500000 USD
CY2015 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
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1700000 USD
CY2016 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
-700000 USD
CY2016 us-gaap Valuation Allowance Deferred Tax Asset Explanation Of Change
ValuationAllowanceDeferredTaxAssetExplanationOfChange
During 2014 and 2015, a significant downturn was experienced in the Company's Brazilian operations. This significant decrease in operations and actions taken by management to reduce its manufacturing activity to more appropriate levels, coupled with the continued low expectations in the near term for the Brazilian lift truck market and the continuing devaluation of the Brazilian real, caused the Company in 2015 to forecast a three-year cumulative loss for its Brazilian operations. Although the Company projects earnings over the longer term for its Brazilian operations, such longer-term forecasts are not sufficient positive evidence to support the future utilization of deferred tax assets when a three-year loss is determined. Accordingly, in 2015, the Company recorded a valuation allowance adjustment of $1.9 million against its deferred tax assets in Brazil as a discrete tax adjustment.
CY2014 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
68000 shares
CY2015 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
48000 shares
CY2016 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
51000 shares
CY2014 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
16675000 shares
CY2015 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
16355000 shares
CY2016 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
16427000 shares
CY2014 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
16607000 shares
CY2015 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
16307000 shares
CY2016 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
16376000 shares
CY2016 us-gaap Description Of New Accounting Pronouncements Not Yet Adopted
DescriptionOfNewAccountingPronouncementsNotYetAdopted
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Accounting Standards Not Yet Adopted:</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:9pt;">ASU No. 2015-11, Inventory (Topic 330): Simplifying the Measurement of Inventory: The guidance requires inventory to be measured at the lower of cost or net realizable value. The guidance defines net realizable value as the estimated selling price in the ordinary course of business, less reasonably predictable costs of completion, disposal and transportation. </font><font style="font-family:inherit;font-size:10pt;">The pronouncement is effective January 1, 2017. The Company does not expect the adoption of the guidance to have a material effect on its financial position, results of operations, cash flows or related disclosures.</font></div><div style="line-height:120%;text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:9pt;">ASU No. 2016-07, Investments - Equity Method and Joint Ventures (Topic 323): The guidance eliminates the requirement that an entity retroactively adopt the equity method of accounting if an investment qualifies for use of the equity method as a result of an increase in the level of ownership or degree of influence. In addition, the guidance requires that the equity method investor add the cost of acquiring the additional interest in the investee to the current basis of the investor&#8217;s previously held interest and adopt the equity method of accounting as of the date the investment becomes qualified for equity method accounting. </font><font style="font-family:inherit;font-size:10pt;">The pronouncement is effective January 1, 2017. The Company does not expect the adoption of the guidance to have a material effect on its financial position, results of operations, cash flows or related disclosures.</font></div><div style="line-height:120%;text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:9pt;">ASU No. 2016-09, Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting: The guidance simplifies several aspects of the accounting for employee share-based payment transactions, including the income tax consequences, classification of awards as either equity or liabilities, and classification on the statement of cash flows.</font><font style="font-family:inherit;font-size:10pt;">The pronouncement is effective January 1, 2017. The Company does not expect the adoption of the guidance to have a material effect on its financial position, results of operations, cash flows or related disclosures.</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">ASU No. 2014-09, Revenue from Contracts with Customers (Topic 606) (Subsequent ASUs have been issued in 2015 and 2016 to update or clarify this guidance): The new guidance is based on the principle that revenue is recognized to depict the transfer of goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The new guidance also requires additional disclosures about the nature, amount, timing and uncertainty of revenue and cash flows arising from customer contracts, including significant judgments and changes in judgments and assets recognized from costs incurred to obtain or fulfill a contract. The pronouncement is effective January 1, 2018. The Company is currently evaluating the impact of the new standard and subsequently issued clarifications. As part of the assessment work, the Company has formed an implementation work team, completed training of the new ASU's revenue recognition model and begun contract review and documentation. The Company's evaluation process includes, but is not limited to, identifying contracts within the scope of the guidance, reviewing and documenting the accounting for these contracts and identifying and determining the accounting for any related contract costs. The Company has substantially completed the review of a sample of contracts within the scope of the guidance and is currently evaluating the impact of the new standard on its financial statements, business processes and internal controls over financial reporting. At this time, the Company has not identified its method of adoption.</font></div><div style="line-height:120%;text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">ASU No. 2016-01, Financial Instruments-Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities: The guidance requires equity investments previously accounted for under the cost method of accounting to be measured at fair value and recognized in net income. In addition, the guidance defines measurement and presentation of financial instruments. The pronouncement is effective January 1, 2018. The Company is currently evaluating the adoption and the effect on its financial position, results of operations, cash flows and related disclosures.</font></div><div style="line-height:120%;text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">ASU No. 2016-05, Derivatives and Hedging (Topic 815): Effect of Derivative Contract Novations on Existing Hedge Accounting Relationships: The guidance clarifies that a change in the counterparty to a derivative instrument that has been designated as the hedging instrument does not, in and of itself, require dedesignation of that hedging relationship, provided that all other hedge accounting criteria continue to be met. The pronouncement is effective January 1, 2018. The Company is currently evaluating the adoption and the effect on its financial position, results of operations, cash flows and related disclosures.</font></div><div style="line-height:120%;text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">ASU No. 2016-15, Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments: The guidance clarifies the classification of certain types of cash receipts and cash payments. In addition, the guidance provides for the application of the predominance principle when certain cash receipts and payments have aspects of more than one class of cash flows. The pronouncement is effective January 1, 2018. The Company is currently evaluating the adoption and the effect on its financial position, results of operations, cash flows and related disclosures.</font></div><div style="line-height:120%;text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">ASU No. 2016-16, Income Taxes (Topic 740): The guidance allows for recognition of current and deferred income taxes for an intra-entity transfer of an asset other than inventory. The guidance allows for more accurate representation of the economics of an intra-entity asset transfer which will require income tax consequences of the transfer, including income taxes payable or paid. The pronouncement is effective January 1, 2018. The Company is currently evaluating the adoption and the effect on its financial position, results of operations, cash flows and related disclosures.</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">ASU No. 2016-18, Statement of Cash Flows (Topic 230): Restricted Cash: The guidance requires that a statement of cash flows explain the change during the period in the total of cash, cash equivalents, and amounts generally described as restricted cash or restricted cash equivalents. The pronouncement is effective January 1, 2018. The Company is currently evaluating the adoption and the effect on its financial position, results of operations, cash flows and related disclosures.</font></div><div style="line-height:120%;text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">ASU No. 2017-01, Business Combinations (Topic 805): Clarifying the Definition of a Business: The guidance clarifies the definition of a business to assist entities in evaluating whether transactions should be accounted for as acquisitions or disposals of businesses. The pronouncement is effective January 1, 2018. The Company is currently evaluating the adoption and the effect on its financial position, results of operations, cash flows and related disclosures.</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">ASU No. 2016-02, Leases (Topic 842): The guidance requires lessees (with the exception of short-term leases) to recognize, at the commencement date, a lease liability, which is a lessee's obligation to make lease payments arising from a lease, measured on a discounted basis; and a right-of-use asset, which is an asset that represents the lessee&#8217;s right to use, or control the use of, a specified asset for the lease term. The pronouncement is effective January 1, 2019. The Company is currently evaluating the adoption and the effect on its financial position, results of operations, cash flows and related disclosures.</font></div><div style="line-height:120%;text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">ASU No. 2016-13, Financial Instruments-Credit Losses (Topic 326): The guidance eliminates the probable initial recognition threshold and requires an entity to reflect its current estimate of all expected credit losses. The guidance also requires additional disclosures in certain circumstances. The pronouncement is effective January 1, 2020. The Company is currently evaluating the adoption and the effect on its financial position, results of operations, cash flows and related disclosures.</font></div><div style="line-height:120%;text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">ASU No. 2017-04, Intangibles - Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment: The guidance removes the second step of the two-step test for the measurement of goodwill impairment. The guidance allows for early adoption for impairment testing dates after January 1, 2017. The pronouncement is effective January 1, 2020. The Company is currently evaluating the timing of adoption and the effect on its current impairment testing process.</font></div></div>
CY2016 us-gaap Loss Contingency Disclosures
LossContingencyDisclosures
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Contingencies</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Various legal and regulatory proceedings and claims have been or may be asserted against the Company relating to the conduct of its businesses, including product liability, environmental and other claims. These proceedings and claims are incidental to the ordinary course of business. Management believes that it has meritorious defenses and will vigorously defend the Company in these actions. Any costs that management estimates will be paid as a result of these claims are accrued when the liability is considered probable and the amount can be reasonably estimated. Although the ultimate disposition of these proceedings is not presently determinable, management believes, after consultation with its legal counsel, that the likelihood is remote that costs will be incurred materially in excess of accruals already recognized.</font></div></div>
CY2016 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Reclassification:</font><font style="font-family:inherit;font-size:10pt;">&#160;&#160;Certain amounts in the prior period&#8217;s audited consolidated financial statements have been reclassified to conform to the current period&#8217;s presentation.</font></div></div>
CY2016 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:6px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Use of Estimates:</font><font style="font-family:inherit;font-size:10pt;">&#160;&#160;The preparation of financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and judgments. These estimates and judgments affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities (if any) at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.</font></div></div>

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