2019 Q2 Form 10-Q Financial Statement

#000143366019000023 Filed on July 31, 2019

View on sec.gov

Income Statement

Concept 2019 Q2 2018 Q2 2018 Q1
Revenue $493.3M $491.3M $409.2M
YoY Change 0.41% 27.25% 18.78%
Cost Of Revenue $338.3M $351.0M $305.6M
YoY Change -3.62% 29.38% 23.77%
Gross Profit $155.0M $140.3M $103.6M
YoY Change 10.48% 234.84% 244.19%
Gross Profit Margin 31.42% 28.56% 25.32%
Selling, General & Admin $103.7M $89.60M $85.00M
YoY Change 15.74% 15.91% 20.06%
% of Gross Profit 66.9% 63.86% 82.05%
Research & Development $7.100M $7.900M
YoY Change 10.94% 25.4%
% of Gross Profit 5.06% 7.63%
Depreciation & Amortization $15.60M $14.10M $13.70M
YoY Change 10.64% 9.3% 12.3%
% of Gross Profit 10.06% 10.05% 13.22%
Operating Expenses $103.7M $96.70M $92.90M
YoY Change 7.24% 15.53% 20.49%
Operating Profit $47.00M $42.20M $5.900M
YoY Change 11.37% 43.54% -70.79%
Interest Expense -$2.900M -$3.200M -$4.400M
YoY Change -9.37% -196.97% -229.41%
% of Operating Profit -6.17% -7.58% -74.58%
Other Income/Expense, Net -$500.0K -$400.0K -$200.0K
YoY Change 25.0%
Pretax Income $42.30M $38.40M $2.000M
YoY Change 10.16% 45.45% -88.3%
Income Tax $8.300M $4.900M $400.0K
% Of Pretax Income 19.62% 12.76% 20.0%
Net Earnings $33.70M $33.60M $1.200M
YoY Change 0.3% 87.71% -93.1%
Net Earnings / Revenue 6.83% 6.84% 0.29%
Basic Earnings Per Share $1.06 $1.05 $0.04
Diluted Earnings Per Share $1.05 $1.04 $0.04
COMMON SHARES
Basic Shares Outstanding 31.90M shares 31.90M shares 31.90M shares
Diluted Shares Outstanding 32.00M shares 32.10M shares 32.40M shares

Balance Sheet

Concept 2019 Q2 2018 Q2 2018 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $39.10M $36.30M $30.60M
YoY Change 7.71% 38.02% -28.67%
Cash & Equivalents $39.10M $36.30M $30.60M
Short-Term Investments
Other Short-Term Assets $58.60M $59.70M $48.40M
YoY Change -1.84% 10.56% -7.98%
Inventory $260.4M $270.5M $293.8M
Prepaid Expenses
Receivables $273.7M $318.7M $285.1M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $715.4M $685.2M $678.6M
YoY Change 4.41% 22.27% 30.37%
LONG-TERM ASSETS
Property, Plant & Equipment $265.4M $234.8M $242.9M
YoY Change 13.03% 6.39% 12.04%
Goodwill $516.0M $299.9M $305.7M
YoY Change 72.06% 7.84% 402766698.42%
Intangibles $340.6M $209.0M $218.4M
YoY Change 62.97% 3.57% 9.04%
Long-Term Investments
YoY Change
Other Assets $64.30M $36.80M $38.00M
YoY Change 74.73% 5.75% 13.77%
Total Long-Term Assets $1.197B $793.9M $792.2M
YoY Change 50.76% 4.57% 5.44%
TOTAL ASSETS
Total Short-Term Assets $715.4M $685.2M $678.6M
Total Long-Term Assets $1.197B $793.9M $792.2M
Total Assets $1.912B $1.479B $1.471B
YoY Change 29.29% 12.09% 15.65%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $189.1M $162.1M $156.8M
YoY Change 16.66% 16.28% 14.2%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $2.900M $100.0K $8.900M
YoY Change 2800.0% -98.68% 14.1%
Total Short-Term Liabilities $484.0M $516.1M $543.7M
YoY Change -6.22% 27.84% 35.18%
LONG-TERM LIABILITIES
Long-Term Debt $771.5M $437.2M $407.4M
YoY Change 76.46% 11.56% 9.34%
Other Long-Term Liabilities $88.80M $43.70M $48.30M
YoY Change 103.2% 20.72% 36.83%
Total Long-Term Liabilities $860.3M $480.9M $455.7M
YoY Change 78.89% 12.33% 11.72%
TOTAL LIABILITIES
Total Short-Term Liabilities $484.0M $516.1M $543.7M
Total Long-Term Liabilities $860.3M $480.9M $455.7M
Total Liabilities $1.344B $997.0M $999.4M
YoY Change 34.83% 19.86% 23.37%
SHAREHOLDERS EQUITY
Retained Earnings $463.7M $333.8M $303.5M
YoY Change 38.92% 13.15% 8.28%
Common Stock $300.0K $300.0K $300.0K
YoY Change 0.0% 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $14.40M $12.00M $4.000M
YoY Change 20.0%
Treasury Stock Shares 78.87K shares 136.4K shares 45.90K shares
Shareholders Equity $500.0M $410.6M $419.0M
YoY Change
Total Liabilities & Shareholders Equity $1.912B $1.479B $1.471B
YoY Change 29.29% 12.09% 15.65%

Cashflow Statement

Concept 2019 Q2 2018 Q2 2018 Q1
OPERATING ACTIVITIES
Net Income $33.70M $33.60M $1.200M
YoY Change 0.3% 87.71% -93.1%
Depreciation, Depletion And Amortization $15.60M $14.10M $13.70M
YoY Change 10.64% 9.3% 12.3%
Cash From Operating Activities $11.10M $19.20M -$4.700M
YoY Change -42.19% -185.71% -119.75%
INVESTING ACTIVITIES
Capital Expenditures -$10.20M -$8.300M -$10.40M
YoY Change 22.89% -13.54% 31.65%
Acquisitions $18.80M
YoY Change 11325201.2%
Other Investing Activities -$319.9M $1.000M -$18.60M
YoY Change -32090.0% -300.0% -69.26%
Cash From Investing Activities -$330.1M -$7.300M -$29.00M
YoY Change 4421.92% -27.72% -57.6%
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 314.0M -4.000M $29.90M
YoY Change -7950.0% -125.81% -44.11%
NET CHANGE
Cash From Operating Activities 11.10M 19.20M -$4.700M
Cash From Investing Activities -330.1M -7.300M -$29.00M
Cash From Financing Activities 314.0M -4.000M $29.90M
Net Change In Cash -5.000M 7.900M -$3.800M
YoY Change -163.29% -146.47% -142.7%
FREE CASH FLOW
Cash From Operating Activities $11.10M $19.20M -$4.700M
Capital Expenditures -$10.20M -$8.300M -$10.40M
Free Cash Flow $21.30M $27.50M $5.700M
YoY Change -22.55% -314.84% -82.02%

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CY2018Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
213900000 USD
CY2019Q2 us-gaap Deferred Income Tax Assets Net
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10600000 USD
CY2018Q4 us-gaap Deferred Income Tax Assets Net
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15000000.0 USD
CY2019Q2 us-gaap Other Assets Noncurrent
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64300000 USD
CY2018Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
34000000.0 USD
CY2019Q2 us-gaap Assets
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1912300000 USD
CY2018Q4 us-gaap Assets
Assets
1442500000 USD
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2900000 USD
CY2018Q4 us-gaap Debt Current
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500000 USD
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189100000 USD
CY2018Q4 us-gaap Accounts Payable Current
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191200000 USD
CY2019Q2 us-gaap Customer Advances Current
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124600000 USD
CY2018Q4 us-gaap Customer Advances Current
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145800000 USD
CY2019Q2 us-gaap Other Liabilities Current
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167400000 USD
CY2018Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
147800000 USD
CY2019Q2 us-gaap Liabilities Current
LiabilitiesCurrent
484000000.0 USD
CY2018Q4 us-gaap Liabilities Current
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485300000 USD
CY2019Q2 us-gaap Long Term Debt Noncurrent
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771500000 USD
CY2018Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
387100000 USD
CY2019Q2 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
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68000000.0 USD
CY2018Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
72500000 USD
CY2019Q2 us-gaap Other Liabilities Noncurrent
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88800000 USD
CY2018Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
40700000 USD
CY2019Q2 us-gaap Commitments And Contingencies
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CY2018Q4 us-gaap Commitments And Contingencies
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CY2019Q2 us-gaap Common Stock Value
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300000 USD
CY2018Q4 us-gaap Common Stock Value
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300000 USD
CY2019Q2 us-gaap Treasury Stock Value
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CY2018Q4 us-gaap Treasury Stock Value
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239300000 USD
CY2018Q4 us-gaap Additional Paid In Capital
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CY2018Q4 us-gaap Retained Earnings Accumulated Deficit
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CY2018Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
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CY2019Q2 us-gaap Stockholders Equity
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500000000.0 USD
CY2018Q4 us-gaap Stockholders Equity
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456900000 USD
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1912300000 USD
CY2018Q4 us-gaap Liabilities And Stockholders Equity
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us-gaap Net Income Loss
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us-gaap Net Income Loss
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34800000 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
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us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
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us-gaap Income Loss From Continuing Operations
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53700000 USD
us-gaap Income Loss From Continuing Operations
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35100000 USD
us-gaap Depreciation
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30300000 USD
us-gaap Depreciation
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27800000 USD
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us-gaap Share Based Compensation
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4700000 USD
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us-gaap Other Noncash Income Expense
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4900000 USD
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4300000 USD
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23700000 USD
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13800000 USD
us-gaap Increase Decrease In Inventories
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47200000 USD
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9200000 USD
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us-gaap Increase Decrease In Customer Advances
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55500000 USD
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us-gaap Increase Decrease In Pension And Postretirement Obligations
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30800000 USD
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
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13100000 USD
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
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15100000 USD
us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
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us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
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13000000.0 USD
us-gaap Net Cash Provided By Used In Operating Activities
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14500000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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18800000 USD
us-gaap Payments To Acquire Productive Assets
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17800000 USD
us-gaap Payments To Acquire Productive Assets
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18700000 USD
us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Proceeds From Sale Of Property Held For Sale
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600000 USD
us-gaap Proceeds From Sale Of Property Held For Sale
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1200000 USD
us-gaap Proceeds From Short Term Debt
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2300000 USD
us-gaap Proceeds From Short Term Debt
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0 USD
us-gaap Repayments Of Lines Of Credit
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0 USD
us-gaap Repayments Of Lines Of Credit
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2900000 USD
us-gaap Payments Of Debt Restructuring Costs
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0 USD
us-gaap Payments Of Debt Restructuring Costs
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468600000 USD
us-gaap Proceeds From Repayments Of Lines Of Credit
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381700000 USD
us-gaap Proceeds From Repayments Of Lines Of Credit
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526600000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
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6400000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
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10600000 USD
us-gaap Payments For Repurchase Of Common Stock
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0 USD
us-gaap Payments For Repurchase Of Common Stock
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12000000.0 USD
us-gaap Proceeds From Payments For Other Financing Activities
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us-gaap Proceeds From Payments For Other Financing Activities
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0 USD
us-gaap Payments Of Dividends
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6300000 USD
us-gaap Payments Of Dividends
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6600000 USD
us-gaap Net Cash Provided By Used In Financing Activities
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367700000 USD
us-gaap Net Cash Provided By Used In Financing Activities
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25900000 USD
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
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400000 USD
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
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us-gaap Cash And Cash Equivalents Period Increase Decrease
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us-gaap Cash And Cash Equivalents Period Increase Decrease
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2300000 USD
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
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43000000.0 USD
CY2017Q4 us-gaap Cash And Cash Equivalents At Carrying Value
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34000000.0 USD
CY2019Q2 us-gaap Cash And Cash Equivalents At Carrying Value
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39100000 USD
CY2018Q2 us-gaap Cash And Cash Equivalents At Carrying Value
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36300000 USD
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476400000 USD
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33700000 USD
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CY2019Q2 us-gaap Dividends Common Stock Cash
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3100000 USD
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CY2019Q2 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
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CY2019Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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2100000 USD
CY2019Q2 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
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6400000 USD
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500000000.0 USD
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StockholdersEquity
456900000 USD
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us-gaap Dividends Common Stock Cash
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<div style="line-height:120%;padding-bottom:4px;text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Use of estimates</span></div><div style="line-height:120%;text-align:left;font-size:10pt;"><span 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 revenue and expense during the reporting period. Actual results could differ from these estimates.</span></div>
CY2019Q2 us-gaap Stockholders Equity
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us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
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us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
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us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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4700000 USD
us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
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6400000 USD
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33600000 USD
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3200000 USD
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400000 USD
CY2018Q2 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
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2300000 USD
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10600000 USD
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us-gaap Net Income Loss
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us-gaap Dividends Common Stock Cash
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us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
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1500000 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
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4700000 USD
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97.5 USD
us-gaap Number Of Businesses Acquired
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5 acquisition
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442200000 USD
CY2019Q1 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Inventory
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52.3 USD
CY2019Q1 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Property Plant And Equipment
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37.0 USD
CY2019Q1 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Intangible Assets Other Than Goodwill
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162.4 USD
CY2019Q1 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Deferred Tax Liabilities
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23.8 USD
CY2019Q1 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Liabilities
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88.2 USD
CY2019Q1 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Net
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237.2 USD
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439.7 USD
CY2019Q1 us-gaap Business Combination Contingent Consideration Liability
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16.0 USD
CY2019Q1 us-gaap Business Combination Consideration Transferred Liabilities Incurred
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0.9 USD
CY2019Q1 us-gaap Business Combination Consideration Transferred1
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456.6 USD
CY2019Q1 us-gaap Cash Acquired From Acquisition
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14.4 USD
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442.2 USD
CY2019Q1 us-gaap Goodwill
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219.4 USD
CY2018Q4 us-gaap Goodwill
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321400000 USD
us-gaap Goodwill Acquired During Period
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194500000 USD
us-gaap Goodwill Foreign Currency Translation Gain Loss
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100000 USD
CY2019Q2 us-gaap Goodwill
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516000000.0 USD
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260400000 USD
CY2018Q4 us-gaap Inventory Net
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206100000 USD
CY2019Q2 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
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15600000 USD
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15600000 USD
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117100000 USD
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318400000 USD
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104500000 USD
CY2019Q2 us-gaap Inventory Raw Materials
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107000000.0 USD
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CY2019Q2 us-gaap Inventory Work In Process
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66900000 USD
CY2018Q4 us-gaap Inventory Work In Process
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70600000 USD
CY2019Q2 us-gaap Inventory Finished Goods
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155500000 USD
CY2018Q4 us-gaap Inventory Finished Goods
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118800000 USD
CY2019Q2 us-gaap Inventory Gross
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329400000 USD
CY2018Q4 us-gaap Inventory Gross
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271500000 USD
CY2019Q2 us-gaap Inventory Lifo Reserve
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49200000 USD
CY2018Q4 us-gaap Inventory Lifo Reserve
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48200000 USD
CY2019Q2 us-gaap Inventory Adjustments
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19800000 USD
CY2018Q4 us-gaap Inventory Adjustments
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17200000 USD
CY2019Q2 us-gaap Defined Benefit Plan Expected Future Employer Contributions Current Fiscal Year
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8100000 USD
us-gaap Defined Benefit Plan Contributions By Employer
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800000 USD
CY2019Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Tax
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200000 USD
CY2018Q2 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
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us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
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us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
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1400000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Tax
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400000 USD
us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
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228200000 USD
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0.56
CY2018Q4 us-gaap Revenue Remaining Performance Obligation Percentage
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0.35
CY2019Q2 us-gaap Contract With Customer Asset Net
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83600000 USD
CY2018Q4 us-gaap Contract With Customer Asset Net
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70300000 USD
CY2019Q2 us-gaap Contract With Customer Liability
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CY2018Q4 us-gaap Contract With Customer Liability
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124500000 USD
us-gaap Contract With Customer Liability Revenue Recognized
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98400000 USD
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34000000.0 USD
CY2018Q2 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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33500000 USD
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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53700000 USD
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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35100000 USD
CY2019Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
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31900000 shares
CY2018Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
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31900000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
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31900000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
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31900000 shares
CY2019Q2 us-gaap Income Loss From Continuing Operations Per Basic Share
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1.07
CY2018Q2 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
1.05
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
1.69
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
1.10
CY2019Q2 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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34000000.0 USD
CY2018Q2 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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33500000 USD
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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53700000 USD
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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35100000 USD
CY2019Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
31900000 shares
CY2018Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
31900000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
31900000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
31900000 shares
CY2019Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
100000 shares
CY2018Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
200000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
100000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
400000 shares
CY2019Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
32000000.0 shares
CY2018Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
32100000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
32000000.0 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
32300000 shares
CY2019Q2 us-gaap Income Loss From Continuing Operations Per Diluted Share
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1.06
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IncomeLossFromContinuingOperationsPerDilutedShare
1.04
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
1.68
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IncomeLossFromContinuingOperationsPerDilutedShare
1.09
us-gaap Trading Securities Unrealized Holding Gain Loss
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200000 USD
CY2018 us-gaap Trading Securities Unrealized Holding Gain Loss
TradingSecuritiesUnrealizedHoldingGainLoss
-2400000 USD
CY2019Q2 us-gaap Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
16100000 USD
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15200000 USD
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900000 USD
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DerivativeFairValueOfDerivativeAsset
8700000 USD
CY2019Q2 us-gaap Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
0 USD
CY2019Q2 us-gaap Derivative Assets
DerivativeAssets
8700000 USD
CY2019Q2 us-gaap Derivative Asset Not Offset Policy Election Deduction
DerivativeAssetNotOffsetPolicyElectionDeduction
3000000.0 USD
CY2019Q2 us-gaap Derivative Asset Fair Value Offset Against Collateral Net Of Not Subject To Master Netting Arrangement Policy Election
DerivativeAssetFairValueOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection
5700000 USD
CY2019Q2 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
4600000 USD
CY2019Q2 us-gaap Derivative Liability Fair Value Gross Asset
DerivativeLiabilityFairValueGrossAsset
0 USD
CY2019Q2 us-gaap Derivative Liabilities
DerivativeLiabilities
4600000 USD
CY2019Q2 us-gaap Derivative Liability Not Offset Policy Election Deduction
DerivativeLiabilityNotOffsetPolicyElectionDeduction
3000000.0 USD
CY2019Q2 us-gaap Derivative Liability Fair Value Offset Against Collateral Net Of Not Subject To Master Netting Arrangement Policy Election
DerivativeLiabilityFairValueOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection
1600000 USD
CY2018Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
7700000 USD
CY2018Q4 us-gaap Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
0 USD
CY2018Q4 us-gaap Derivative Assets
DerivativeAssets
7700000 USD
CY2018Q4 us-gaap Derivative Asset Not Offset Policy Election Deduction
DerivativeAssetNotOffsetPolicyElectionDeduction
1500000 USD
CY2018Q4 us-gaap Derivative Asset Fair Value Offset Against Collateral Net Of Not Subject To Master Netting Arrangement Policy Election
DerivativeAssetFairValueOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection
6200000 USD
CY2018Q4 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
2000000.0 USD
CY2018Q4 us-gaap Derivative Liability Fair Value Gross Asset
DerivativeLiabilityFairValueGrossAsset
0 USD
CY2018Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
2000000.0 USD
CY2018Q4 us-gaap Derivative Liability Not Offset Policy Election Deduction
DerivativeLiabilityNotOffsetPolicyElectionDeduction
1500000 USD
CY2018Q4 us-gaap Derivative Liability Fair Value Offset Against Collateral Net Of Not Subject To Master Netting Arrangement Policy Election
DerivativeLiabilityFairValueOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection
500000 USD
CY2019Q2 us-gaap Gain Loss On Foreign Currency Derivative Instruments Not Designated As Hedging Instruments
GainLossOnForeignCurrencyDerivativeInstrumentsNotDesignatedAsHedgingInstruments
-2300000 USD
CY2018Q2 us-gaap Gain Loss On Foreign Currency Derivative Instruments Not Designated As Hedging Instruments
GainLossOnForeignCurrencyDerivativeInstrumentsNotDesignatedAsHedgingInstruments
-2000000.0 USD
us-gaap Gain Loss On Foreign Currency Derivative Instruments Not Designated As Hedging Instruments
GainLossOnForeignCurrencyDerivativeInstrumentsNotDesignatedAsHedgingInstruments
-3600000 USD
us-gaap Gain Loss On Foreign Currency Derivative Instruments Not Designated As Hedging Instruments
GainLossOnForeignCurrencyDerivativeInstrumentsNotDesignatedAsHedgingInstruments
-3000000.0 USD
CY2019Q2 jbt Remeasurement Of Assets And Liabilities In Foreign Currencies
RemeasurementOfAssetsAndLiabilitiesInForeignCurrencies
1300000 USD
CY2018Q2 jbt Remeasurement Of Assets And Liabilities In Foreign Currencies
RemeasurementOfAssetsAndLiabilitiesInForeignCurrencies
1400000 USD
jbt Remeasurement Of Assets And Liabilities In Foreign Currencies
RemeasurementOfAssetsAndLiabilitiesInForeignCurrencies
1600000 USD
jbt Remeasurement Of Assets And Liabilities In Foreign Currencies
RemeasurementOfAssetsAndLiabilitiesInForeignCurrencies
1500000 USD
CY2019Q2 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-1000000.0 USD
CY2018Q2 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-600000 USD
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-2000000.0 USD
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-1500000 USD
CY2019Q2 us-gaap Lease Cost
LeaseCost
3300000 USD
us-gaap Lease Cost
LeaseCost
6800000 USD
CY2019Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
28300000 USD
CY2019Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
32300000 USD
CY2019Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
28300000 USD
CY2019Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
32300000 USD
CY2019Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
10500000 USD
CY2019Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
10800000 USD
CY2019Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
19500000 USD
CY2019Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
23300000 USD
CY2019Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
30000000.0 USD
CY2019Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
34100000 USD
CY2019Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.057
CY2019Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.057
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
11700000 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
8400000 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
4700000 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
3200000 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
2300000 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
3300000 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
33600000 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
3600000 USD
CY2019Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
30000000.0 USD
us-gaap Operating Lease Payments
OperatingLeasePayments
6700000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
2400000 USD
CY2018 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
10500000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
39.6 USD
CY2018Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
12.7 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
9.7 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
5.6 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
3.7 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
2.9 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
5.0 USD
CY2019Q2 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
16900000 USD
us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
32900000 USD
CY2019Q2 us-gaap Variable Lease Income
VariableLeaseIncome
5200000 USD
us-gaap Variable Lease Income
VariableLeaseIncome
10600000 USD
CY2019Q2 us-gaap Lease Income
LeaseIncome
22100000 USD
us-gaap Lease Income
LeaseIncome
43500000 USD
CY2019Q2 us-gaap Operating Leases Future Minimum Payments Receivable Current
OperatingLeasesFutureMinimumPaymentsReceivableCurrent
42600000 USD
CY2019Q2 us-gaap Operating Leases Future Minimum Payments Receivable Remainder Of Fiscal Year
OperatingLeasesFutureMinimumPaymentsReceivableRemainderOfFiscalYear
47600000 USD
CY2019Q2 us-gaap Operating Leases Future Minimum Payments Receivable In Two Years
OperatingLeasesFutureMinimumPaymentsReceivableInTwoYears
38400000 USD
CY2019Q2 us-gaap Operating Leases Future Minimum Payments Receivable In Three Years
OperatingLeasesFutureMinimumPaymentsReceivableInThreeYears
27200000 USD
CY2019Q2 us-gaap Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
14400000 USD
CY2019Q2 us-gaap Lessor Operating Lease Payments To Be Received Five Years
LessorOperatingLeasePaymentsToBeReceivedFiveYears
2100000 USD
CY2019Q2 us-gaap Lessor Operating Lease Payments To Be Received Thereafter
LessorOperatingLeasePaymentsToBeReceivedThereafter
2800000 USD
CY2019Q2 us-gaap Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
175100000 USD
CY2019Q2 us-gaap Sales Type And Direct Financing Leases Lease Receivable Payments To Be Received Remainder Of Fiscal Year
SalesTypeAndDirectFinancingLeasesLeaseReceivablePaymentsToBeReceivedRemainderOfFiscalYear
900000 USD
CY2019Q2 us-gaap Sales Type And Direct Financing Leases Lease Receivable Payments To Be Received Next Twelve Months
SalesTypeAndDirectFinancingLeasesLeaseReceivablePaymentsToBeReceivedNextTwelveMonths
500000 USD
us-gaap Guarantee Obligations Term
GuaranteeObligationsTerm
P2Y
CY2019Q1 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
12300000 USD
CY2018Q1 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
14300000 USD
CY2018Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
13500000 USD
CY2017Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
14500000 USD
CY2019Q2 us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
2900000 USD
CY2018Q2 us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
1800000 USD
us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
6100000 USD
us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
5200000 USD
CY2019Q2 us-gaap Standard Product Warranty Accrual Preexisting Increase Decrease
StandardProductWarrantyAccrualPreexistingIncreaseDecrease
100000 USD
CY2018Q2 us-gaap Standard Product Warranty Accrual Preexisting Increase Decrease
StandardProductWarrantyAccrualPreexistingIncreaseDecrease
-300000 USD
us-gaap Standard Product Warranty Accrual Preexisting Increase Decrease
StandardProductWarrantyAccrualPreexistingIncreaseDecrease
-1200000 USD
us-gaap Standard Product Warranty Accrual Preexisting Increase Decrease
StandardProductWarrantyAccrualPreexistingIncreaseDecrease
-1000000.0 USD
CY2019Q2 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
3500000 USD
CY2018Q2 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
2200000 USD
us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
6900000 USD
us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
5400000 USD
CY2019Q2 us-gaap Standard Product Warranty Accrual Additions From Business Acquisition
StandardProductWarrantyAccrualAdditionsFromBusinessAcquisition
600000 USD
CY2018Q2 us-gaap Standard Product Warranty Accrual Additions From Business Acquisition
StandardProductWarrantyAccrualAdditionsFromBusinessAcquisition
0 USD
us-gaap Standard Product Warranty Accrual Additions From Business Acquisition
StandardProductWarrantyAccrualAdditionsFromBusinessAcquisition
1000000.0 USD
us-gaap Standard Product Warranty Accrual Additions From Business Acquisition
StandardProductWarrantyAccrualAdditionsFromBusinessAcquisition
200000 USD
CY2019Q2 us-gaap Standard Product Warranty Accrual Foreign Currency Translation Gain Loss
StandardProductWarrantyAccrualForeignCurrencyTranslationGainLoss
0 USD
CY2018Q2 us-gaap Standard Product Warranty Accrual Foreign Currency Translation Gain Loss
StandardProductWarrantyAccrualForeignCurrencyTranslationGainLoss
-400000 USD
us-gaap Standard Product Warranty Accrual Foreign Currency Translation Gain Loss
StandardProductWarrantyAccrualForeignCurrencyTranslationGainLoss
-100000 USD
us-gaap Standard Product Warranty Accrual Foreign Currency Translation Gain Loss
StandardProductWarrantyAccrualForeignCurrencyTranslationGainLoss
-300000 USD
CY2019Q2 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
12400000 USD
CY2018Q2 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
13200000 USD
CY2019Q2 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
12400000 USD
CY2018Q2 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
13200000 USD
CY2019Q2 us-gaap Revenues
Revenues
493300000 USD
CY2018Q2 us-gaap Revenues
Revenues
491300000 USD
us-gaap Revenues
Revenues
910800000 USD
us-gaap Revenues
Revenues
900500000 USD
CY2019Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
42300000 USD
CY2018Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
38400000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
68500000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
40400000 USD
CY2018Q4 us-gaap Restructuring And Related Cost Cost Incurred To Date1
RestructuringAndRelatedCostCostIncurredToDate1
53200000 USD
CY2019Q1 jbt Restructuring Charges Netof Releaseof Liability
RestructuringChargesNetofReleaseofLiability
6400000 USD
CY2019Q2 jbt Restructuring Charges Netof Releaseof Liability
RestructuringChargesNetofReleaseofLiability
6500000 USD
CY2019Q2 us-gaap Restructuring And Related Cost Cost Incurred To Date1
RestructuringAndRelatedCostCostIncurredToDate1
66100000 USD
CY2018Q4 us-gaap Restructuring Reserve
RestructuringReserve
19400000 USD
jbt Restructuring Charges Netof Releaseof Liability
RestructuringChargesNetofReleaseofLiability
12900000 USD
jbt Restructuringand Related Cost Releaseof Liability
RestructuringandRelatedCostReleaseofLiability
2700000 USD
us-gaap Payments For Restructuring
PaymentsForRestructuring
19000000.0 USD
CY2019Q2 us-gaap Restructuring Reserve
RestructuringReserve
10600000 USD

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