2017 Q3 Form 10-Q Financial Statement

#000080788218000010 Filed on August 09, 2018

View on sec.gov

Income Statement

Concept 2017 Q3
Revenue $246.1M
YoY Change -33.29%
Cost Of Revenue $121.1M
YoY Change -44.41%
Gross Profit $125.0M
YoY Change -17.26%
Gross Profit Margin 50.79%
Selling, General & Admin $28.11M
YoY Change -34.27%
% of Gross Profit 22.49%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $15.34M
YoY Change -26.32%
% of Gross Profit 12.27%
Operating Expenses $28.11M
YoY Change -34.27%
Operating Profit $55.44M
YoY Change -0.48%
Interest Expense -$9.400M
YoY Change 23.68%
% of Operating Profit -16.96%
Other Income/Expense, Net
YoY Change
Pretax Income $46.06M
YoY Change -4.23%
Income Tax $14.76M
% Of Pretax Income 32.06%
Net Earnings $36.35M
YoY Change 20.41%
Net Earnings / Revenue 14.77%
Basic Earnings Per Share $1.23
Diluted Earnings Per Share $1.22
COMMON SHARES
Basic Shares Outstanding 29.47M shares
Diluted Shares Outstanding 29.72M shares

Balance Sheet

Concept 2017 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $7.600M
YoY Change 15.15%
Cash & Equivalents $7.600M
Short-Term Investments
Other Short-Term Assets $2.656M
YoY Change 28.12%
Inventory $7.418M
Prepaid Expenses $52.07M
Receivables $47.40M
Other Receivables $8.800M
Total Short-Term Assets $162.7M
YoY Change 19.41%
LONG-TERM ASSETS
Property, Plant & Equipment $635.0M
YoY Change -11.5%
Goodwill $173.0M
YoY Change 16.08%
Intangibles $14.78M
YoY Change 4.23%
Long-Term Investments
YoY Change
Other Assets $269.8M
YoY Change -1.76%
Total Long-Term Assets $1.093B
YoY Change -5.43%
TOTAL ASSETS
Total Short-Term Assets $162.7M
Total Long-Term Assets $1.093B
Total Assets $1.255B
YoY Change -2.81%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $34.86M
YoY Change 63.73%
Accrued Expenses $151.6M
YoY Change -12.77%
Deferred Revenue
YoY Change
Short-Term Debt $0.00
YoY Change
Long-Term Debt Due $60.10M
YoY Change 128.52%
Total Short-Term Liabilities $246.6M
YoY Change 11.39%
LONG-TERM LIABILITIES
Long-Term Debt $1.125B
YoY Change 29.29%
Other Long-Term Liabilities $322.9M
YoY Change -12.19%
Total Long-Term Liabilities $322.9M
YoY Change -12.19%
TOTAL LIABILITIES
Total Short-Term Liabilities $246.6M
Total Long-Term Liabilities $322.9M
Total Liabilities $569.4M
YoY Change -3.33%
SHAREHOLDERS EQUITY
Retained Earnings $1.468B
YoY Change 6.54%
Common Stock $451.6M
YoY Change 7.02%
Preferred Stock
YoY Change
Treasury Stock (at cost) $2.190B
YoY Change 20.26%
Treasury Stock Shares 52.41M shares
Shareholders Equity -$439.0M
YoY Change
Total Liabilities & Shareholders Equity $1.255B
YoY Change -2.81%

Cashflow Statement

Concept 2017 Q3
OPERATING ACTIVITIES
Net Income $36.35M
YoY Change 20.41%
Depreciation, Depletion And Amortization $15.34M
YoY Change -26.32%
Cash From Operating Activities $16.90M
YoY Change -74.47%
INVESTING ACTIVITIES
Capital Expenditures -$10.60M
YoY Change -55.27%
Acquisitions
YoY Change
Other Investing Activities $26.30M
YoY Change 2290.91%
Cash From Investing Activities $15.70M
YoY Change -169.47%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -31.60M
YoY Change -30.85%
NET CHANGE
Cash From Operating Activities 16.90M
Cash From Investing Activities 15.70M
Cash From Financing Activities -31.60M
Net Change In Cash 1.000M
YoY Change -147.62%
FREE CASH FLOW
Cash From Operating Activities $16.90M
Capital Expenditures -$10.60M
Free Cash Flow $27.50M
YoY Change -69.41%

Facts In Submission

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107011000 USD
CY2018Q3 us-gaap Defined Benefit Pension Plan Liabilities Noncurrent
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100929000 USD
us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Expected Long Term Return On Assets
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0.062
CY2017Q3 us-gaap Depreciation Depletion And Amortization
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15336000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
52721000 USD
CY2018Q3 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
13194000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
46306000 USD
CY2018Q3 us-gaap Derivative Floor Interest Rate
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0
CY2017Q4 us-gaap Disposal Group Including Discontinued Operation Assets Noncurrent
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280796000 USD
CY2018Q3 us-gaap Disposal Group Including Discontinued Operation Assets Noncurrent
DisposalGroupIncludingDiscontinuedOperationAssetsNoncurrent
0 USD
CY2017Q3 us-gaap Disposal Group Not Discontinued Operation Gain Loss On Disposal
DisposalGroupNotDiscontinuedOperationGainLossOnDisposal
13250000 USD
us-gaap Disposal Group Not Discontinued Operation Gain Loss On Disposal
DisposalGroupNotDiscontinuedOperationGainLossOnDisposal
21166000 USD
CY2018Q3 us-gaap Disposal Group Not Discontinued Operation Gain Loss On Disposal
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28676000 USD
us-gaap Disposal Group Not Discontinued Operation Gain Loss On Disposal
DisposalGroupNotDiscontinuedOperationGainLossOnDisposal
43088000 USD
us-gaap Dividends Common Stock
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35000000 USD
CY2017Q3 us-gaap Earnings Per Share Basic
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1.23
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.40
CY2018Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.62
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.63
CY2017Q3 us-gaap Earnings Per Share Diluted
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1.22
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.37
CY2018Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.60
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.59
us-gaap Effect Of Exchange Rate On Cash
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-2000 USD
us-gaap Effect Of Exchange Rate On Cash
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6000 USD
CY2017Q3 us-gaap Effective Income Tax Rate Continuing Operations
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0.321
CY2017Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.321
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.365
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.365
CY2018Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.265
CY2018Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.265
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.469
us-gaap Effective Income Tax Rate Continuing Operations
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0.469
CY2017Q3 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.37
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.379
CY2018Q3 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.286
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.289
CY2017Q3 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
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-0.038
us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
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-0.011
CY2018Q3 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
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-0.02
us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
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-0.008
CY2017Q3 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
0
us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
0
CY2018Q3 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
0.013
us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
0.198
CY2017Q3 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0
us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0
CY2018Q3 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.019
us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.013
CY2017Q3 us-gaap Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent
-0.011
us-gaap Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent
-0.002
CY2018Q3 us-gaap Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent
0.005
us-gaap Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent
0.003
CY2017Q4 us-gaap Employee Related Liabilities Current
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23361000 USD
CY2018Q3 us-gaap Employee Related Liabilities Current
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25381000 USD
us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
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4133000 USD
us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
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0 USD
us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
4133000 USD
CY2018Q3 us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
1300000 USD
us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
2100000 USD
us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
2084000 USD
CY2017Q4 us-gaap Fair Value Liabilities Measured On Recurring Basis Obligations
FairValueLiabilitiesMeasuredOnRecurringBasisObligations
60146000 USD
CY2018Q3 us-gaap Fair Value Liabilities Measured On Recurring Basis Obligations
FairValueLiabilitiesMeasuredOnRecurringBasisObligations
41191000 USD
CY2017Q3 us-gaap Franchise Costs
FranchiseCosts
1952000 USD
us-gaap Franchise Costs
FranchiseCosts
6223000 USD
CY2018Q3 us-gaap Franchise Costs
FranchiseCosts
2829000 USD
us-gaap Franchise Costs
FranchiseCosts
7894000 USD
CY2017Q3 us-gaap Franchise Revenue
FranchiseRevenue
35505000 USD
us-gaap Franchise Revenue
FranchiseRevenue
112993000 USD
CY2018Q3 us-gaap Franchise Revenue
FranchiseRevenue
38787000 USD
us-gaap Franchise Revenue
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124387000 USD
us-gaap Gain Loss On Sale Of Property Plant Equipment
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-1761000 USD
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-958000 USD
CY2017Q4 us-gaap Goodwill
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51412000 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
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8143000 USD
CY2018Q3 us-gaap Goodwill
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46848000 USD
CY2017Q3 us-gaap Goodwill Written Off Related To Sale Of Business Unit
GoodwillWrittenOffRelatedToSaleOfBusinessUnit
4453000 USD
us-gaap Goodwill Written Off Related To Sale Of Business Unit
GoodwillWrittenOffRelatedToSaleOfBusinessUnit
4795000 USD
CY2018Q3 us-gaap Goodwill Written Off Related To Sale Of Business Unit
GoodwillWrittenOffRelatedToSaleOfBusinessUnit
566000 USD
us-gaap Goodwill Written Off Related To Sale Of Business Unit
GoodwillWrittenOffRelatedToSaleOfBusinessUnit
4526000 USD
us-gaap Impairment Of Long Lived Assets To Be Disposed Of
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1400000 USD
CY2017Q3 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
31292000 USD
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
97231000 USD
CY2018Q3 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
48133000 USD
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
86003000 USD
CY2017Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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46056000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
153159000 USD
CY2018Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
65467000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
161901000 USD
CY2017Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
1.06
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
3.14
CY2018Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
1.72
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
2.97
CY2017Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
1.05
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
3.11
CY2018Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
1.70
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
2.94
CY2017Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
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5059000 USD
CY2018Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
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us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
19099000 USD
CY2017Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.17
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.26
CY2018Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
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us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.66
CY2017Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
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0.17
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.26
CY2018Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-0.10
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
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0.65
CY2017Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
55928000 USD
CY2018Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
17334000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
75898000 USD
us-gaap Income Tax Expense Benefit Continuing Operations Adjustment Of Deferred Tax Asset Liability
IncomeTaxExpenseBenefitContinuingOperationsAdjustmentOfDeferredTaxAssetLiability
30800000 USD
CY2017Q3 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
17032000 USD
us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
57993000 USD
CY2018Q3 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
18715000 USD
us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
46752000 USD
CY2017Q3 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
0 USD
us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
0 USD
CY2018Q3 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-1268000 USD
us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-2084000 USD
CY2017Q3 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
-525000 USD
us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
-322000 USD
CY2018Q3 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
321000 USD
us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
460000 USD
us-gaap Income Taxes Paid
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68520000 USD
us-gaap Income Taxes Paid
IncomeTaxesPaid
49744000 USD
us-gaap Increase Decrease In Accounts Payable
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-1571000 USD
us-gaap Increase Decrease In Accounts Payable
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3135000 USD
us-gaap Increase Decrease In Accrued Liabilities
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-24805000 USD
us-gaap Increase Decrease In Accrued Liabilities
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-34653000 USD
us-gaap Increase Decrease In Construction Payables
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-1649000 USD
us-gaap Increase Decrease In Construction Payables
IncreaseDecreaseInConstructionPayables
-2456000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-1109000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-1330000 USD
us-gaap Increase Decrease In Notes Receivables
IncreaseDecreaseInNotesReceivables
0 USD
us-gaap Increase Decrease In Notes Receivables
IncreaseDecreaseInNotesReceivables
31160000 USD
us-gaap Increase Decrease In Payables Under Repurchase Agreements
IncreaseDecreaseInPayablesUnderRepurchaseAgreements
-7208000 USD
us-gaap Increase Decrease In Payables Under Repurchase Agreements
IncreaseDecreaseInPayablesUnderRepurchaseAgreements
0 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
15019000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
27448000 USD
us-gaap Increase Decrease In Receivables
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-12929000 USD
us-gaap Increase Decrease In Receivables
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CY2017Q3 us-gaap Initial Franchise Fees
InitialFranchiseFees
2292000 USD
us-gaap Initial Franchise Fees
InitialFranchiseFees
5120000 USD
CY2018Q3 us-gaap Initial Franchise Fees
InitialFranchiseFees
1698000 USD
us-gaap Initial Franchise Fees
InitialFranchiseFees
5428000 USD
CY2017Q4 us-gaap Intangible Assets Net Excluding Goodwill
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CY2018Q3 us-gaap Intangible Assets Net Excluding Goodwill
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CY2017Q3 us-gaap Interest Income Expense Net
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us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
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CY2018Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
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us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
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us-gaap Interest Paid Net
InterestPaidNet
27881000 USD
us-gaap Interest Paid Net
InterestPaidNet
34785000 USD
CY2017Q4 us-gaap Inventory Net
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3445000 USD
CY2018Q3 us-gaap Inventory Net
InventoryNet
2115000 USD
CY2018Q3 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
31400000 USD
CY2017Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1234745000 USD
CY2018Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
879449000 USD
CY2017Q4 us-gaap Liabilities Current
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261990000 USD
CY2018Q3 us-gaap Liabilities Current
LiabilitiesCurrent
180245000 USD
CY2017Q4 us-gaap Liabilities Noncurrent
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1360885000 USD
CY2018Q3 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
1189674000 USD
CY2017Q4 us-gaap Liabilities Of Disposal Group Including Discontinued Operation Current
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34345000 USD
CY2018Q3 us-gaap Liabilities Of Disposal Group Including Discontinued Operation Current
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent
0 USD
CY2017Q4 us-gaap Liabilities Of Disposal Group Including Discontinued Operation Noncurrent
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationNoncurrent
32078000 USD
CY2018Q3 us-gaap Liabilities Of Disposal Group Including Discontinued Operation Noncurrent
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationNoncurrent
0 USD
CY2017Q4 us-gaap Liabilities Other Than Longterm Debt Noncurrent
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108065000 USD
CY2018Q3 us-gaap Liabilities Other Than Longterm Debt Noncurrent
LiabilitiesOtherThanLongtermDebtNoncurrent
103478000 USD
CY2017Q4 us-gaap Life Insurance Corporate Or Bank Owned Amount
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110057000 USD
CY2018Q3 us-gaap Life Insurance Corporate Or Bank Owned Amount
LifeInsuranceCorporateOrBankOwnedAmount
108963000 USD
us-gaap Line Of Credit Facility Expiration Date1
LineOfCreditFacilityExpirationDate1
2020-03-01
CY2018Q3 us-gaap Line Of Credit Facility Interest Rate At Period End
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0.02
CY2017Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
1079982000 USD
CY2018Q3 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
953364000 USD
CY2017Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
64225000 USD
CY2018Q3 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
42594000 USD
CY2017Q3 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
8200000 USD
us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
29300000 USD
CY2018Q3 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
5900000 USD
us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
22000000 USD
CY2018Q3 us-gaap Net Assets Adjusted Balance
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200000 USD
us-gaap Net Cash Provided By Used In Continuing Operations
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us-gaap Net Cash Provided By Used In Continuing Operations
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us-gaap Net Cash Provided By Used In Discontinued Operations
NetCashProvidedByUsedInDiscontinuedOperations
19593000 USD
us-gaap Net Cash Provided By Used In Discontinued Operations
NetCashProvidedByUsedInDiscontinuedOperations
278734000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-175754000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-386405000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
39978000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
40793000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
106715000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
59368000 USD
CY2017Q3 us-gaap Net Income Loss
NetIncomeLoss
36351000 USD
us-gaap Net Income Loss
NetIncomeLoss
105374000 USD
CY2018Q3 us-gaap Net Income Loss
NetIncomeLoss
45307000 USD
us-gaap Net Income Loss
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105102000 USD
CY2017Q4 us-gaap Notes And Loans Receivable Gross Current
NotesAndLoansReceivableGrossCurrent
988000 USD
CY2018Q3 us-gaap Notes And Loans Receivable Gross Current
NotesAndLoansReceivableGrossCurrent
25924000 USD
CY2014Q2 us-gaap Number Of Interest Rate Derivatives Held
NumberOfInterestRateDerivativesHeld
9
CY2015Q2 us-gaap Number Of Interest Rate Derivatives Held
NumberOfInterestRateDerivativesHeld
11
CY2018Q3 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 segment
CY2017Q2 us-gaap Number Of Restaurants
NumberOfRestaurants
2255 restaurant
CY2018Q3 us-gaap Number Of Restaurants
NumberOfRestaurants
2241 restaurant
CY2017Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
55438000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
181987000 USD
CY2018Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
76340000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
195967000 USD
CY2017Q3 us-gaap Operating Leases Rent Expense Sublease Rentals1
OperatingLeasesRentExpenseSubleaseRentals1
3203000 USD
us-gaap Operating Leases Rent Expense Sublease Rentals1
OperatingLeasesRentExpenseSubleaseRentals1
10854000 USD
CY2018Q3 us-gaap Operating Leases Rent Expense Sublease Rentals1
OperatingLeasesRentExpenseSubleaseRentals1
0 USD
us-gaap Operating Leases Rent Expense Sublease Rentals1
OperatingLeasesRentExpenseSubleaseRentals1
863000 USD
CY2017Q4 us-gaap Other Accrued Liabilities Current
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25266000 USD
CY2018Q3 us-gaap Other Accrued Liabilities Current
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18932000 USD
us-gaap Other Asset Impairment Charges
OtherAssetImpairmentCharges
1515000 USD
us-gaap Other Asset Impairment Charges
OtherAssetImpairmentCharges
2205000 USD
CY2017Q4 us-gaap Other Assets Current
OtherAssetsCurrent
1493000 USD
CY2018Q3 us-gaap Other Assets Current
OtherAssetsCurrent
4688000 USD
CY2017Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
277570000 USD
CY2018Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
250267000 USD
CY2017Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
2000 USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
1000 USD
CY2018Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
0 USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
80000 USD
CY2017Q3 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Before Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesBeforeTax
3896000 USD
us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Before Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesBeforeTax
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CY2018Q3 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Before Tax
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us-gaap Payments For Repurchase Of Common Stock
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us-gaap Proceeds From Issuance Of Common Stock
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us-gaap Proceeds From Issuance Of Common Stock
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us-gaap Proceeds From Repayments Of Bank Overdrafts
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us-gaap Proceeds From Sale And Collection Of Notes Receivable
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us-gaap Proceeds From Sale Of Property Plant And Equipment
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3799000 USD
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us-gaap Significant Changes Franchises Sold
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us-gaap Share Based Compensation
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us-gaap Significant Changes Franchises Sold
SignificantChangesFranchisesSold
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CY2018Q3 us-gaap Significant Changes Franchises Sold
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42 restaurant
CY2017Q4 us-gaap Stockholders Equity
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CY2018Q3 us-gaap Stockholders Equity
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CY2017Q4 us-gaap Treasury Stock Shares
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CY2018Q3 us-gaap Treasury Stock Shares
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CY2018Q3 us-gaap Sales Revenue Goods Net
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371149000 USD
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28110000 USD
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94744000 USD
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us-gaap Treasury Stock Value Acquired Cost Method
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200000000 USD
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us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
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CY2018Q3 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
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us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
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CY2017Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
31234000 shares
CY2018Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
28296000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
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CY2017Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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CY2018Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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us-gaap Weighted Average Number Of Shares Outstanding Basic
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us-gaap Fiscal Period
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<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:6px;text-align:justify;padding-left:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Fiscal year</font><font style="font-family:inherit;font-size:10pt;"> &#8212; Our fiscal year is </font><font style="font-family:inherit;font-size:10pt;">52</font><font style="font-family:inherit;font-size:10pt;"> or </font><font style="font-family:inherit;font-size:10pt;">53</font><font style="font-family:inherit;font-size:10pt;"> weeks ending the Sunday closest to </font><font style="font-family:inherit;font-size:10pt;">September 30</font><font style="font-family:inherit;font-size:10pt;">. Fiscal years </font><font style="font-family:inherit;font-size:10pt;">2018</font><font style="font-family:inherit;font-size:10pt;"> and 2017 include </font><font style="font-family:inherit;font-size:10pt;">52</font><font style="font-family:inherit;font-size:10pt;"> weeks. Our first quarter includes </font><font style="font-family:inherit;font-size:10pt;">16</font><font style="font-family:inherit;font-size:10pt;">-weeks and all other quarters include </font><font style="font-family:inherit;font-size:10pt;">12</font><font style="font-family:inherit;font-size:10pt;">-weeks. All comparisons between </font><font style="font-family:inherit;font-size:10pt;">2018</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2017</font><font style="font-family:inherit;font-size:10pt;"> refer to the </font><font style="font-family:inherit;font-size:10pt;">12-weeks</font><font style="font-family:inherit;font-size:10pt;"> (&#8220;quarter&#8221;) and 40-weeks (&#8220;year-to-date&#8221;) ended </font><font style="font-family:inherit;font-size:10pt;">July&#160;8, 2018</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">July&#160;9, 2017</font><font style="font-family:inherit;font-size:10pt;">, respectively, unless otherwise indicated.</font></div></div>
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:6px;text-align:justify;padding-left:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Reclassifications and adjustments</font><font style="font-family:inherit;font-size:10pt;"> &#8212; Certain prior year amounts in the condensed consolidated financial statements have been reclassified due to the sale of Qdoba. See Note 2, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Discontinued Operations</font><font style="font-family:inherit;font-size:10pt;">, for further information regarding this sale and the resulting prior year reclassifications. We recorded certain adjustments in </font><font style="font-family:inherit;font-size:10pt;">2018</font><font style="font-family:inherit;font-size:10pt;"> upon the adoption of a new accounting pronouncement; see details regarding the effects of the adoption on our condensed consolidated financial statements below. Further, in </font><font style="font-family:inherit;font-size:10pt;">2018</font><font style="font-family:inherit;font-size:10pt;">, we began presenting depreciation and amortization as a separate line item on our condensed consolidated statements of earnings to better align with similar presentation made by many of our peers and to provide additional disclosure that is meaningful for our investors. The prior year condensed consolidated statements of earnings were adjusted to conform with this new presentation. Depreciation and amortization were previously presented within company restaurant costs, franchise occupancy expenses, selling, general and administrative expenses, and impairment and other charges, net on our condensed consolidated statements of earnings.</font></div></div>
us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:6px;text-align:justify;padding-left:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Use of estimates</font><font style="font-family:inherit;font-size:10pt;"> &#8212; In preparing the condensed consolidated financial statements in conformity with U.S. GAAP, management is required to make certain assumptions and estimates that affect reported amounts of assets, liabilities, revenues, expenses and the disclosure of contingencies. In making these assumptions and estimates, management may from time to time seek advice and consider information provided by actuaries and other experts in a particular area. Actual amounts could differ materially from these estimates.</font></div><div style="line-height:120%;padding-top:6px;text-align:justify;padding-left:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On December 22, 2017, the SEC issued guidance under Staff Accounting Bulletin No. 118, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Income Tax Accounting Implications of the Tax Cuts and Jobs Act (&#8220;SAB 118&#8221;),</font><font style="font-family:inherit;font-size:10pt;"> directing taxpayers to consider the impact of the U.S. legislation as &#8220;provisional&#8221; when it does not have the necessary information available, prepared or analyzed (including computations) in reasonable detail to complete its accounting for the change in tax law, or if in certain cases, the U.S. Treasury is expected to issue further guidance on the application of certain provisions of the U.S. legislation. See Note 8, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Income Taxes</font><font style="font-family:inherit;font-size:10pt;">, for additional details</font></div></div>

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