2018 Q1 Form 10-K Financial Statement

#000143366019000006 Filed on February 28, 2019

View on sec.gov

Income Statement

Concept 2018 Q1 2017 Q4 2017 Q3
Revenue $409.2M $483.7M $420.8M
YoY Change 18.78% 19.43% 20.37%
Cost Of Revenue $305.6M $346.9M $299.3M
YoY Change 23.77% 19.21% 17.14%
Gross Profit $103.6M $136.8M $53.20M
YoY Change 244.19% 20.0% 32.34%
Gross Profit Margin 25.32% 28.28% 12.64%
Selling, General & Admin $85.00M $73.20M $74.00M
YoY Change 20.06% 7.17% 30.97%
% of Gross Profit 82.05% 53.51% 139.1%
Research & Development $7.900M $9.100M $6.900M
YoY Change 25.4% 54.24% 9.52%
% of Gross Profit 7.63% 6.65% 12.97%
Depreciation & Amortization $13.70M $13.80M $12.80M
YoY Change 12.3% 22.12% 40.66%
% of Gross Profit 13.22% 10.09% 24.06%
Operating Expenses $92.90M $82.90M $80.90M
YoY Change 20.49% -113.79% 28.82%
Operating Profit $5.900M $53.90M $41.90M
YoY Change -70.79% -92.46% 42.03%
Interest Expense -$4.400M -$3.500M $3.600M
YoY Change -229.41% 150.0% 28.57%
% of Operating Profit -74.58% -6.49% 8.59%
Other Income/Expense, Net -$200.0K
YoY Change
Pretax Income $2.000M $50.10M $38.60M
YoY Change -88.3% 57.05% 44.57%
Income Tax $400.0K $14.80M $12.20M
% Of Pretax Income 20.0% 29.54% 31.61%
Net Earnings $1.200M $19.40M $25.80M
YoY Change -93.1% -16.02% 25.24%
Net Earnings / Revenue 0.29% 4.01% 6.13%
Basic Earnings Per Share $0.04 $0.61 $0.81
Diluted Earnings Per Share $0.04 $0.60 $0.80
COMMON SHARES
Basic Shares Outstanding 31.90M shares 31.90M shares 31.90M shares
Diluted Shares Outstanding 32.40M shares 32.30M shares 32.30M shares

Balance Sheet

Concept 2018 Q1 2017 Q4 2017 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $30.60M $34.00M $38.40M
YoY Change -28.67% 2.41% -19.83%
Cash & Equivalents $30.60M $34.00M $38.40M
Short-Term Investments
Other Short-Term Assets $48.40M $48.00M $53.50M
YoY Change -7.98% -7.16% 33.08%
Inventory $293.8M $190.2M $217.5M
Prepaid Expenses
Receivables $285.1M $225.8M $299.9M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $678.6M $588.6M $609.3M
YoY Change 30.37% 21.36% 28.98%
LONG-TERM ASSETS
Property, Plant & Equipment $242.9M $233.0M $231.0M
YoY Change 12.04% 10.85% 23.13%
Goodwill $305.7M $301.8M $300.3M
YoY Change 402766698.42% 26.01% 90.06%
Intangibles $218.4M $216.8M $222.0M
YoY Change 9.04% 16.56% 187.19%
Long-Term Investments
YoY Change
Other Assets $38.00M $38.10M $38.60M
YoY Change 13.77% 20.19% 27.39%
Total Long-Term Assets $792.2M $802.8M $815.6M
YoY Change 5.44% 14.29% 67.03%
TOTAL ASSETS
Total Short-Term Assets $678.6M $588.6M $609.3M
Total Long-Term Assets $792.2M $802.8M $815.6M
Total Assets $1.471B $1.391B $1.425B
YoY Change 15.65% 17.18% 48.32%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $156.8M $157.1M $159.1M
YoY Change 14.2% 15.77% 31.81%
Accrued Expenses $49.80M
YoY Change 1.43%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $3.000M $0.00
YoY Change -46.43%
Long-Term Debt Due $8.900M $10.50M $12.20M
YoY Change 14.1% 47.89% 125.93%
Total Short-Term Liabilities $543.7M $441.4M $475.3M
YoY Change 35.18% 12.32% 21.72%
LONG-TERM LIABILITIES
Long-Term Debt $407.4M $372.7M $391.8M
YoY Change 9.34% -24.19% 30.51%
Other Long-Term Liabilities $48.30M $49.50M $49.60M
YoY Change 36.83% 34.51% 93.75%
Total Long-Term Liabilities $455.7M $422.2M $441.4M
YoY Change 11.72% -20.1% 35.48%
TOTAL LIABILITIES
Total Short-Term Liabilities $543.7M $441.4M $475.3M
Total Long-Term Liabilities $455.7M $422.2M $441.4M
Total Liabilities $999.4M $863.6M $916.7M
YoY Change 23.37% -6.27% 27.98%
SHAREHOLDERS EQUITY
Retained Earnings $303.5M $333.7M $317.6M
YoY Change 8.28% 25.17% 28.79%
Common Stock $300.0K $300.0K $300.0K
YoY Change 0.0% 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $4.000M $4.000M $4.900M
YoY Change -44.44% -31.94%
Treasury Stock Shares 45.90K shares 45.90K shares 55.33K shares
Shareholders Equity $419.0M $441.9M $430.3M
YoY Change
Total Liabilities & Shareholders Equity $1.471B $1.391B $1.425B
YoY Change 15.65% 17.18% 48.32%

Cashflow Statement

Concept 2018 Q1 2017 Q4 2017 Q3
OPERATING ACTIVITIES
Net Income $1.200M $19.40M $25.80M
YoY Change -93.1% -16.02% 25.24%
Depreciation, Depletion And Amortization $13.70M $13.80M $12.80M
YoY Change 12.3% 22.12% 40.66%
Cash From Operating Activities -$4.700M $36.60M $66.60M
YoY Change -119.75% -9.85% 154.2%
INVESTING ACTIVITIES
Capital Expenditures -$10.40M -$10.40M -$10.00M
YoY Change 31.65% -14.75% 150.0%
Acquisitions $18.80M
YoY Change 11325201.2%
Other Investing Activities -$18.60M -$300.0K -$40.70M
YoY Change -69.26% -99.87% -4622.22%
Cash From Investing Activities -$29.00M -$10.70M -$50.70M
YoY Change -57.6% -95.55% 1535.48%
FINANCING ACTIVITIES
Cash Dividend Paid $3.200M
YoY Change 0.0%
Common Stock Issuance & Retirement, Net $0.00
YoY Change -100.0%
Debt Paid & Issued, Net $0.00
YoY Change -100.0%
Cash From Financing Activities $29.90M -30.30M -4.000M
YoY Change -44.11% -116.21% -61.9%
NET CHANGE
Cash From Operating Activities -$4.700M 36.60M 66.60M
Cash From Investing Activities -$29.00M -10.70M -50.70M
Cash From Financing Activities $29.90M -30.30M -4.000M
Net Change In Cash -$3.800M -4.400M 11.90M
YoY Change -142.7% -66.41% -5.56%
FREE CASH FLOW
Cash From Operating Activities -$4.700M $36.60M $66.60M
Capital Expenditures -$10.40M -$10.40M -$10.00M
Free Cash Flow $5.700M $47.00M $76.60M
YoY Change -82.02% -10.98% 153.64%

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120000000 shares
CY2017Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
31623079 shares
CY2018Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
31741607 shares
CY2018Q4 us-gaap Common Stock Value
CommonStockValue
300000 USD
CY2016 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
57800000 USD
CY2017 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
97300000 USD
CY2018 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
79900000 USD
CY2017Q4 us-gaap Construction In Progress Gross
ConstructionInProgressGross
21100000 USD
CY2018Q4 us-gaap Construction In Progress Gross
ConstructionInProgressGross
22200000 USD
CY2017Q4 us-gaap Contract With Customer Asset Gross Current
ContractWithCustomerAssetGrossCurrent
90600000 USD
CY2018Q4 us-gaap Contract With Customer Asset Gross Current
ContractWithCustomerAssetGrossCurrent
70300000 USD
CY2017Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
18200000 USD
CY2018Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
70300000 USD
CY2017Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
222800000 USD
CY2018Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
124500000 USD
CY2018 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
190000000 USD
CY2017Q1 us-gaap Cost Of Revenue
CostOfRevenue
246900000 USD
CY2017Q2 us-gaap Cost Of Revenue
CostOfRevenue
271300000 USD
CY2017Q3 us-gaap Cost Of Revenue
CostOfRevenue
299300000 USD
CY2017Q4 us-gaap Cost Of Revenue
CostOfRevenue
346900000 USD
CY2018Q1 us-gaap Cost Of Revenue
CostOfRevenue
305600000 USD
CY2018Q2 us-gaap Cost Of Revenue
CostOfRevenue
351000000 USD
CY2018Q3 us-gaap Cost Of Revenue
CostOfRevenue
346800000 USD
CY2018Q4 us-gaap Cost Of Revenue
CostOfRevenue
378700000 USD
CY2018 us-gaap Cost Of Revenue
CostOfRevenue
1382100000 USD
CY2016 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
7800000 USD
CY2017 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
13200000 USD
CY2018 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
-1300000 USD
CY2016 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
16100000 USD
CY2017 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
17600000 USD
CY2018 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
20200000 USD
CY2016 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
26100000 USD
CY2017 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
31800000 USD
CY2018 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
19800000 USD
CY2016 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
2200000 USD
CY2017 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
1000000 USD
CY2018 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
900000 USD
CY2017Q4 us-gaap Customer Advances Current
CustomerAdvancesCurrent
127600000 USD
CY2018Q4 us-gaap Customer Advances Current
CustomerAdvancesCurrent
145800000 USD
CY2018Q1 us-gaap Customer Advances Current
CustomerAdvancesCurrent
240700000 USD
CY2018Q1 us-gaap Other Assets Current
OtherAssetsCurrent
48400000 USD
CY2017Q4 us-gaap Debt Current
DebtCurrent
10500000 USD
CY2018Q4 us-gaap Debt Current
DebtCurrent
500000 USD
CY2017Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
380500000 USD
CY2018Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
390500000 USD
CY2018Q1 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
48300000 USD
CY2016 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
1000000 USD
CY2017 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
16600000 USD
CY2018 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
3800000 USD
CY2016 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-900000 USD
CY2017 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-1000000 USD
CY2018 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-4300000 USD
CY2017Q4 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
13100000 USD
CY2018Q4 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
15000000 USD
CY2016 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-100000 USD
CY2017 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
18300000 USD
CY2018 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
4800000 USD
CY2017Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
49800000 USD
CY2018Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
57100000 USD
CY2016 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
300000 USD
CY2017 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
1600000 USD
CY2018 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
1800000 USD
CY2017Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
54600000 USD
CY2018Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
64000000 USD
CY2017Q4 us-gaap Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
5500000 USD
CY2018Q4 us-gaap Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
8300000 USD
CY2017Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
2100000 USD
CY2018Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
3000000 USD
CY2017Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
51900000 USD
CY2018Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
60100000 USD
CY2017Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
5900000 USD
CY2018Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
6900000 USD
CY2017Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Foreign
DeferredTaxAssetsTaxCreditCarryforwardsForeign
300000 USD
CY2018Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Foreign
DeferredTaxAssetsTaxCreditCarryforwardsForeign
0 USD
CY2017Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Research
DeferredTaxAssetsTaxCreditCarryforwardsResearch
3400000 USD
CY2018Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Research
DeferredTaxAssetsTaxCreditCarryforwardsResearch
11000000 USD
CY2017Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeBenefits
20500000 USD
CY2018Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeBenefits
18400000 USD
CY2017Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
5400000 USD
CY2018Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
4800000 USD
CY2017Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
13600000 USD
CY2018Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
14600000 USD
CY2017Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
2700000 USD
CY2018Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
3900000 USD
CY2017Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Goodwill
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsGoodwill
24300000 USD
CY2018Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Goodwill
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsGoodwill
27400000 USD
CY2017Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
600000 USD
CY2018Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
1100000 USD
CY2017Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
11600000 USD
CY2018Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
15300000 USD
CY2018Q4 us-gaap Defined Benefit Plan Expected Amortization Next Fiscal Year
DefinedBenefitPlanExpectedAmortizationNextFiscalYear
5900000 USD
CY2018Q4 us-gaap Defined Benefit Plan Expected Future Employer Contributions Next Fiscal Year
DefinedBenefitPlanExpectedFutureEmployerContributionsNextFiscalYear
12400000 USD
CY2017Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
261500000 USD
CY2018Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
243300000 USD
CY2017Q4 us-gaap Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Accumulated Benefit Obligation
DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateAccumulatedBenefitObligation
336200000 USD
CY2018Q4 us-gaap Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Accumulated Benefit Obligation
DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateAccumulatedBenefitObligation
305500000 USD
CY2017Q4 us-gaap Defined Benefit Plan Weighted Average Asset Allocations
DefinedBenefitPlanWeightedAverageAssetAllocations
1
CY2018Q4 us-gaap Defined Benefit Plan Weighted Average Asset Allocations
DefinedBenefitPlanWeightedAverageAssetAllocations
1
CY2016 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
11300000 USD
CY2017 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
13500000 USD
CY2018 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
13200000 USD
CY2016 us-gaap Depreciation
Depreciation
25400000 USD
CY2017 us-gaap Depreciation
Depreciation
29700000 USD
CY2018 us-gaap Depreciation
Depreciation
31800000 USD
CY2016 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
38500000 USD
CY2017 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
51700000 USD
CY2018 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
57700000 USD
CY2017Q4 us-gaap Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
0 USD
CY2018Q4 us-gaap Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
0 USD
CY2017Q4 us-gaap Derivative Asset Fair Value Offset Against Collateral Net Of Not Subject To Master Netting Arrangement Policy Election
DerivativeAssetFairValueOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection
3900000 USD
CY2018Q4 us-gaap Derivative Asset Fair Value Offset Against Collateral Net Of Not Subject To Master Netting Arrangement Policy Election
DerivativeAssetFairValueOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection
6200000 USD
CY2017Q4 us-gaap Derivative Asset Not Offset Policy Election Deduction
DerivativeAssetNotOffsetPolicyElectionDeduction
1300000 USD
CY2018Q4 us-gaap Derivative Asset Not Offset Policy Election Deduction
DerivativeAssetNotOffsetPolicyElectionDeduction
1500000 USD
CY2017Q4 us-gaap Derivative Assets
DerivativeAssets
5200000 USD
CY2018Q4 us-gaap Derivative Assets
DerivativeAssets
7700000 USD
CY2017Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
5200000 USD
CY2018Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
7700000 USD
CY2017Q4 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
5500000 USD
CY2018Q4 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
2000000 USD
CY2017Q4 us-gaap Derivative Instruments Not Designated As Hedging Instruments Asset At Fair Value
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsAssetAtFairValue
3300000 USD
CY2018Q4 us-gaap Derivative Instruments Not Designated As Hedging Instruments Asset At Fair Value
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsAssetAtFairValue
3700000 USD
CY2017Q4 us-gaap Derivative Instruments Not Designated As Hedging Instruments Liability At Fair Value
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsLiabilityAtFairValue
5700000 USD
CY2018Q4 us-gaap Derivative Instruments Not Designated As Hedging Instruments Liability At Fair Value
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsLiabilityAtFairValue
2100000 USD
CY2017Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
5500000 USD
CY2018Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
2000000 USD
CY2017Q4 us-gaap Derivative Liability Fair Value Gross Asset
DerivativeLiabilityFairValueGrossAsset
0 USD
CY2018Q4 us-gaap Derivative Liability Fair Value Gross Asset
DerivativeLiabilityFairValueGrossAsset
0 USD
CY2017Q4 us-gaap Derivative Liability Fair Value Offset Against Collateral Net Of Not Subject To Master Netting Arrangement Policy Election
DerivativeLiabilityFairValueOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection
4200000 USD
CY2018Q4 us-gaap Derivative Liability Fair Value Offset Against Collateral Net Of Not Subject To Master Netting Arrangement Policy Election
DerivativeLiabilityFairValueOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection
500000 USD
CY2017Q4 us-gaap Derivative Liability Not Offset Policy Election Deduction
DerivativeLiabilityNotOffsetPolicyElectionDeduction
1300000 USD
CY2018Q4 us-gaap Derivative Liability Not Offset Policy Election Deduction
DerivativeLiabilityNotOffsetPolicyElectionDeduction
1500000 USD
CY2016 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
12100000 USD
CY2017 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
12800000 USD
CY2018 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
13100000 USD
CY2016 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.30
CY2017Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.58
CY2017Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.56
CY2017Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.81
CY2017Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.61
CY2017 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.56
CY2018Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.04
CY2018Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.05
CY2018Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.83
CY2018Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.35
CY2018 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.26
CY2016 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.27
CY2017Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.57
CY2017Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.56
CY2017Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.80
CY2018Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.04
CY2017Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.60
CY2017 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.53
CY2018Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.04
CY2018 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.23
CY2016 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
500000 USD
CY2017 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.38
CY2018Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.82
CY2018Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.34
CY2017 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
1400000 USD
CY2018 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-2200000 USD
CY2016 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.28
CY2018 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.19
CY2016 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35
CY2017 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35
CY2018 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2016 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
0.00
CY2017 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
-0.05
CY2018 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
-0.04
CY2016 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
0.00
CY2017 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
0.12
CY2018 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
-0.01
CY2016 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.03
CY2017 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.02
CY2018 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
0.03
CY2016 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Other
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseOther
0.00
CY2017 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Other
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseOther
0.01
CY2018 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Other
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseOther
0.01
CY2016 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.01
CY2017 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.01
CY2018 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.00
CY2016 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.02
CY2017 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.02
CY2018 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.02
CY2016 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Foreign
EffectiveIncomeTaxRateReconciliationTaxCreditsForeign
0.01
CY2017 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Foreign
EffectiveIncomeTaxRateReconciliationTaxCreditsForeign
0.01
CY2018 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Foreign
EffectiveIncomeTaxRateReconciliationTaxCreditsForeign
0.04
CY2016 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Research
EffectiveIncomeTaxRateReconciliationTaxCreditsResearch
0.04
CY2017 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Research
EffectiveIncomeTaxRateReconciliationTaxCreditsResearch
0.04
CY2018 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Research
EffectiveIncomeTaxRateReconciliationTaxCreditsResearch
0.05
CY2018Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
12100000 USD
CY2018 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P1Y11M
CY2016 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
3900000 USD
CY2017 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
9900000 USD
CY2018 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
7300000 USD
CY2016 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
1500000 USD
CY2017 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
0 USD
CY2018 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
0 USD
CY2017Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
84500000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
104500000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
23700000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
20100000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
21500000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
22300000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
22800000 USD
CY2017Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
301300000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
318400000 USD
CY2016 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-1600000 USD
CY2017 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-600000 USD
CY2018 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-1600000 USD
CY2016 us-gaap Gain Loss On Foreign Currency Derivative Instruments Not Designated As Hedging Instruments
GainLossOnForeignCurrencyDerivativeInstrumentsNotDesignatedAsHedgingInstruments
-2000000 USD
CY2017 us-gaap Gain Loss On Foreign Currency Derivative Instruments Not Designated As Hedging Instruments
GainLossOnForeignCurrencyDerivativeInstrumentsNotDesignatedAsHedgingInstruments
2000000 USD
CY2018 us-gaap Gain Loss On Foreign Currency Derivative Instruments Not Designated As Hedging Instruments
GainLossOnForeignCurrencyDerivativeInstrumentsNotDesignatedAsHedgingInstruments
-4400000 USD
CY2016Q4 us-gaap Goodwill
Goodwill
239500000 USD
CY2017Q4 us-gaap Goodwill
Goodwill
301800000 USD
CY2018Q4 us-gaap Goodwill
Goodwill
321400000 USD
CY2017Q1 us-gaap Goodwill
Goodwill
75.9 USD
CY2017 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
54500000 USD
CY2018 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
25000000 USD
CY2017 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
7800000 USD
CY2018 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-5400000 USD
CY2018 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2016 us-gaap Gross Profit
GrossProfit
158300000 USD
CY2017 us-gaap Gross Profit
GrossProfit
189800000 USD
CY2018 us-gaap Gross Profit
GrossProfit
233600000 USD
CY2018 us-gaap Guarantee Obligations Term
GuaranteeObligationsTerm
P2Y
CY2016 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
68000000 USD
CY2017Q1 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
17600000 USD
CY2017Q2 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
18300000 USD
CY2017Q3 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
26400000 USD
CY2017Q4 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
19800000 USD
CY2017 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
82100000 USD
CY2018Q1 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
1600000 USD
CY2018Q2 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
33500000 USD
CY2018Q3 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
26400000 USD
CY2018Q4 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
42900000 USD
CY2018 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
104400000 USD
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
43600000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
72800000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
55200000 USD
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
50400000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
59400000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
73800000 USD
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
94000000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
132200000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
129000000 USD
CY2016 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
68000000 USD
CY2017 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
82100000 USD
CY2018 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
104400000 USD
CY2016 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
2.31
CY2017Q1 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.59
CY2017Q2 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.57
CY2017Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.83
CY2017Q4 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.62
CY2017 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
2.61
CY2018Q1 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.05
CY2018Q2 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
1.05
CY2018Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.83
CY2018Q4 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
1.35
CY2018 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
3.27
CY2016 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
2.28
CY2017Q1 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.58
CY2017Q2 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.57
CY2017Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.82
CY2017Q4 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.61
CY2017 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
2.58
CY2018Q1 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.05
CY2018Q2 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
1.04
CY2018Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.82
CY2018Q4 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
1.34
CY2018 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
3.24
CY2016 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
-400000 USD
CY2017Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
200000 USD
CY2017Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
400000 USD
CY2017Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
600000 USD
CY2017Q4 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
400000 USD
CY2017 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
-1600000 USD
CY2018Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
400000 USD
CY2018Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
-100000 USD
CY2018Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
0 USD
CY2018Q4 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
0 USD
CY2018 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
-300000 USD
CY2016 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
-0.01
CY2017Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
-0.01
CY2017Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
-0.01
CY2017Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
-0.02
CY2017Q4 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
-0.01
CY2017 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
-0.05
CY2018Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
-0.01
CY2018Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.00
CY2018Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.00
CY2018Q4 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.00
CY2018 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
-0.01
CY2016 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-0.01
CY2017Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-0.01
CY2017Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-0.01
CY2017 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
50100000 USD
CY2017Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-0.02
CY2017Q4 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-0.01
CY2017 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-0.05
CY2018Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-0.01
CY2018Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.00
CY2018Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.00
CY2018Q4 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.00
CY2018 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-0.01
CY2016 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
26000000 USD
CY2016 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
3400000 USD
CY2017 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-4600000 USD
CY2017Q4 us-gaap Inventory Lifo Reserve
InventoryLIFOReserve
48900000 USD
CY2018 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
24600000 USD
CY2016 us-gaap Income Taxes Paid
IncomeTaxesPaid
25800000 USD
CY2017 us-gaap Income Taxes Paid
IncomeTaxesPaid
24000000 USD
CY2018 us-gaap Income Taxes Paid
IncomeTaxesPaid
19800000 USD
CY2016 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
16100000 USD
CY2017 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
8500000 USD
CY2018 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
35800000 USD
CY2016 us-gaap Increase Decrease In Customer Advances
IncreaseDecreaseInCustomerAdvances
-17000000 USD
CY2017 us-gaap Increase Decrease In Customer Advances
IncreaseDecreaseInCustomerAdvances
3400000 USD
CY2018 us-gaap Increase Decrease In Customer Advances
IncreaseDecreaseInCustomerAdvances
-400000 USD
CY2016 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
2900000 USD
CY2017 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
23700000 USD
CY2018 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
7500000 USD
CY2018 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
3300000 USD
CY2016 us-gaap Increase Decrease In Pension And Postretirement Obligations
IncreaseDecreaseInPensionAndPostretirementObligations
-10500000 USD
CY2017 us-gaap Increase Decrease In Pension And Postretirement Obligations
IncreaseDecreaseInPensionAndPostretirementObligations
-11200000 USD
CY2018 us-gaap Increase Decrease In Pension And Postretirement Obligations
IncreaseDecreaseInPensionAndPostretirementObligations
-19500000 USD
CY2016 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
29000000 USD
CY2017 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
35800000 USD
CY2018 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
7200000 USD
CY2016 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
400000 shares
CY2017 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
500000 shares
CY2018 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
300000 shares
CY2017Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
15900000 USD
CY2018Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
15600000 USD
CY2017Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
216800000 USD
CY2018Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
213900000 USD
CY2016 us-gaap Interest Expense
InterestExpense
9400000 USD
CY2017 us-gaap Interest Expense
InterestExpense
13600000 USD
CY2018 us-gaap Interest Expense
InterestExpense
13900000 USD
CY2016 us-gaap Interest Paid
InterestPaid
10400000 USD
CY2017 us-gaap Interest Paid
InterestPaid
13100000 USD
CY2018 us-gaap Interest Paid
InterestPaid
16000000 USD
CY2017Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
109200000 USD
CY2018Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
118800000 USD
CY2017Q4 us-gaap Inventory Gross
InventoryGross
255500000 USD
CY2018Q4 us-gaap Inventory Gross
InventoryGross
271500000 USD
CY2018Q4 us-gaap Inventory Lifo Reserve
InventoryLIFOReserve
48200000 USD
CY2017Q4 us-gaap Inventory Net
InventoryNet
190200000 USD
CY2018Q4 us-gaap Inventory Net
InventoryNet
206100000 USD
CY2018Q1 us-gaap Inventory Net
InventoryNet
293800000 USD
CY2017Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
72600000 USD
CY2018Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
82100000 USD
CY2017Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
16400000 USD
CY2018Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
17200000 USD
CY2017Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
73700000 USD
CY2018Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
70600000 USD
CY2017Q4 us-gaap Lifo Inventory Amount
LIFOInventoryAmount
124200000 USD
CY2018Q4 us-gaap Lifo Inventory Amount
LIFOInventoryAmount
126600000 USD
CY2017Q4 us-gaap Land And Land Improvements
LandAndLandImprovements
17200000 USD
CY2018Q4 us-gaap Land And Land Improvements
LandAndLandImprovements
19600000 USD
CY2016 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
6200000 USD
CY2017 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
5300000 USD
CY2018 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
10500000 USD
CY2017Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1391400000 USD
CY2018Q4 us-gaap Long Term Debt
LongTermDebt
387100000 USD
CY2017Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
372700000 USD
CY2018Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1442500000 USD
CY2018Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1470800000 USD
CY2017Q4 us-gaap Liabilities Current
LiabilitiesCurrent
441400000 USD
CY2018Q4 us-gaap Liabilities Current
LiabilitiesCurrent
485300000 USD
CY2018Q4 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
598600000 USD
CY2017Q4 us-gaap Long Term Debt
LongTermDebt
372600000 USD
CY2018Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
387100000 USD
CY2017Q4 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
366500000 USD
CY2018Q4 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
377000000 USD
CY2016 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
194900000 USD
CY2017 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
34700000 USD
CY2018 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-48300000 USD
CY2016 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-266800000 USD
CY2017 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-139900000 USD
CY2018 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-94400000 USD
CY2016 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
67400000 USD
CY2017 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
104600000 USD
CY2018 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
153900000 USD
CY2016 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
67900000 USD
CY2017 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
106300000 USD
CY2018 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
154600000 USD
CY2016 us-gaap Net Income Loss
NetIncomeLoss
67600000 USD
CY2017Q1 us-gaap Net Income Loss
NetIncomeLoss
17400000 USD
CY2017Q2 us-gaap Net Income Loss
NetIncomeLoss
17900000 USD
CY2017Q3 us-gaap Net Income Loss
NetIncomeLoss
25800000 USD
CY2017Q4 us-gaap Net Income Loss
NetIncomeLoss
19400000 USD
CY2017 us-gaap Net Income Loss
NetIncomeLoss
80500000 USD
CY2018Q1 us-gaap Net Income Loss
NetIncomeLoss
1200000 USD
CY2018Q2 us-gaap Net Income Loss
NetIncomeLoss
33600000 USD
CY2018Q3 us-gaap Net Income Loss
NetIncomeLoss
26400000 USD
CY2018Q4 us-gaap Net Income Loss
NetIncomeLoss
42900000 USD
CY2018 us-gaap Net Income Loss
NetIncomeLoss
104100000 USD
CY2016Q4 us-gaap Noncurrent Assets
NoncurrentAssets
224500000 USD
CY2017Q4 us-gaap Noncurrent Assets
NoncurrentAssets
251200000 USD
CY2018Q4 us-gaap Noncurrent Assets
NoncurrentAssets
259800000 USD
us-gaap Number Of Businesses Acquired
NumberOfBusinessesAcquired
5 acquisition
CY2016 us-gaap Operating Income Loss
OperatingIncomeLoss
101000000 USD
CY2017 us-gaap Operating Income Loss
OperatingIncomeLoss
143800000 USD
CY2018 us-gaap Operating Income Loss
OperatingIncomeLoss
143800000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
39300000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
12600000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
2900000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
3600000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
5600000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
9600000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
5000000 USD
CY2018Q4 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
4800000 USD
CY2017Q4 us-gaap Other Assets Current
OtherAssetsCurrent
48000000 USD
CY2018Q4 us-gaap Other Assets Current
OtherAssetsCurrent
45700000 USD
CY2017Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
38100000 USD
CY2018Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
34000000 USD
CY2016 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
700000 USD
CY2017 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
1500000 USD
CY2018 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
500000 USD
CY2016 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-5700000 USD
CY2017 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
20500000 USD
CY2018 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-20300000 USD
CY2016 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-9800000 USD
CY2017 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
16800000 USD
CY2018 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-24200000 USD
CY2016 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
4800000 USD
CY2017 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
5300000 USD
CY2018 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
4400000 USD
CY2017Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
96400000 USD
CY2018Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
101000000 USD
CY2018Q1 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
94100000 USD
CY2017Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
49500000 USD
CY2018Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
40700000 USD
CY2016 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
700000 USD
CY2017 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
400000 USD
CY2018 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
22700000 USD
CY2016 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
4300000 USD
CY2017 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
5000000 USD
CY2018 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
20000000 USD
CY2018 us-gaap Payments For Restructuring
PaymentsForRestructuring
30800000 USD
CY2016 us-gaap Payments Of Debt Restructuring Costs
PaymentsOfDebtRestructuringCosts
0 USD
CY2017 us-gaap Payments Of Debt Restructuring Costs
PaymentsOfDebtRestructuringCosts
0 USD
CY2018 us-gaap Payments Of Debt Restructuring Costs
PaymentsOfDebtRestructuringCosts
468600000 USD
CY2016 us-gaap Payments Of Dividends
PaymentsOfDividends
11800000 USD
CY2017 us-gaap Payments Of Dividends
PaymentsOfDividends
12700000 USD
CY2018 us-gaap Payments Of Dividends
PaymentsOfDividends
13100000 USD
CY2016 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
2600000 USD
CY2017 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
10500000 USD
CY2018 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
11300000 USD
CY2017Q1 us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
184.9 USD
CY2017Q1 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
166.0 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
166000000 USD
CY2016 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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232000000 USD
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500000 USD
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500000 USD
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<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Use of estimates</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;">Preparation of financial statements that follow U.S. GAAP requires management to make estimates and judgments that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from these estimates.</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>

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