2016 Form 10-K Financial Statement

#000093042017000053 Filed on February 24, 2017

View on sec.gov

Income Statement

Concept 2016 2015 Q4 2015 Q3
Revenue $1.320B $327.7M $341.6M
YoY Change 0.04% 2.81% 8.85%
Cost Of Revenue $911.2M $224.2M $231.8M
YoY Change 0.67% 1.72% 7.53%
Gross Profit $408.5M $103.5M $109.8M
YoY Change -1.36% 5.22% 11.73%
Gross Profit Margin 30.95% 31.59% 32.15%
Selling, General & Admin $340.7M $80.70M $84.17M
YoY Change 3.24% -0.49% 2.53%
% of Gross Profit 83.41% 77.96% 76.64%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $8.796M $2.400M $2.600M
YoY Change -10.69% -7.69% -3.7%
% of Gross Profit 2.15% 2.32% 2.37%
Operating Expenses $352.5M $83.10M $87.21M
YoY Change 2.95% -0.6% 2.66%
Operating Profit $59.06M $20.41M $23.08M
YoY Change -20.46% 38.14% 70.18%
Interest Expense -$2.600M -$500.0K -$500.0K
YoY Change -231.18% 25.0% 66.67%
% of Operating Profit -4.4% -2.45% -2.17%
Other Income/Expense, Net -$3.101M $200.0K -$463.0K
YoY Change 20.33% 112.39%
Pretax Income $55.96M $20.10M $22.61M
YoY Change -21.93% 39.58% 69.49%
Income Tax $23.18M $8.200M $9.067M
% Of Pretax Income 41.43% 40.8% 40.1%
Net Earnings $32.77M $11.90M $13.55M
YoY Change -23.47% 33.05% -79.17%
Net Earnings / Revenue 2.48% 3.63% 3.97%
Basic Earnings Per Share $1.26 $0.43 $0.49
Diluted Earnings Per Share $1.25 $0.43 $0.48
COMMON SHARES
Basic Shares Outstanding 26.10M shares 28.92M shares 27.81M shares
Diluted Shares Outstanding 26.27M shares 28.13M shares

Balance Sheet

Concept 2016 2015 Q4 2015 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.500M $1.500M $1.200M
YoY Change 0.0% 25.0% 9.09%
Cash & Equivalents $1.500M $1.497M $1.246M
Short-Term Investments
Other Short-Term Assets $10.70M $13.60M $14.40M
YoY Change -21.32% -10.53% -7.69%
Inventory
Prepaid Expenses
Receivables $206.4M $198.9M $216.1M
Other Receivables $100.0K $600.0K $2.200M
Total Short-Term Assets $218.7M $214.5M $233.9M
YoY Change 1.96% -4.4% 6.71%
LONG-TERM ASSETS
Property, Plant & Equipment $43.10M $37.48M $37.86M
YoY Change 14.93% 6.07% 5.95%
Goodwill $45.97M $45.97M
YoY Change 0.0% 4.44%
Intangibles $4.235M $4.436M
YoY Change -15.49% -1.79%
Long-Term Investments
YoY Change
Other Assets $54.00M $28.67M $28.12M
YoY Change 144.34% -5.53% -6.28%
Total Long-Term Assets $146.7M $137.3M $138.7M
YoY Change 6.85% -1.59% 2.38%
TOTAL ASSETS
Total Short-Term Assets $218.7M $214.5M $233.9M
Total Long-Term Assets $146.7M $137.3M $138.7M
Total Assets $365.4M $351.8M $372.6M
YoY Change 3.87% -3.32% 5.06%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $37.20M $23.51M $38.90M
YoY Change 58.3% 7.55% 2.1%
Accrued Expenses $44.10M $15.71M $63.80M
YoY Change -28.64% -3.24% 7.59%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change -100.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $83.40M $87.75M $109.0M
YoY Change -4.9% -6.83% -17.26%
LONG-TERM LIABILITIES
Long-Term Debt $115.5M $83.80M $81.40M
YoY Change 37.83% -10.76% 507.46%
Other Long-Term Liabilities $44.80M $40.63M $40.05M
YoY Change 10.34% 11.44% 17.36%
Total Long-Term Liabilities $160.3M $40.63M $40.05M
YoY Change 28.86% 11.44% 17.36%
TOTAL LIABILITIES
Total Short-Term Liabilities $83.40M $87.75M $109.0M
Total Long-Term Liabilities $160.3M $40.63M $40.05M
Total Liabilities $243.7M $212.2M $230.5M
YoY Change 14.84% -5.5% 28.51%
SHAREHOLDERS EQUITY
Retained Earnings $155.1M $146.6M
YoY Change 23.7% 22.5%
Common Stock $705.0K $705.0K
YoY Change 0.71% 0.71%
Preferred Stock
YoY Change
Treasury Stock (at cost) $436.8M $423.2M
YoY Change 9.48% 18.78%
Treasury Stock Shares 42.13M shares 41.62M shares
Shareholders Equity $121.7M $139.6M $142.1M
YoY Change
Total Liabilities & Shareholders Equity $365.4M $351.8M $372.6M
YoY Change 3.87% -3.32% 5.06%

Cashflow Statement

Concept 2016 2015 Q4 2015 Q3
OPERATING ACTIVITIES
Net Income $32.77M $11.90M $13.55M
YoY Change -23.47% 33.05% -79.17%
Depreciation, Depletion And Amortization $8.796M $2.400M $2.600M
YoY Change -10.69% -7.69% -3.7%
Cash From Operating Activities $39.82M $15.50M $29.20M
YoY Change -43.7% -152.9% -447.62%
INVESTING ACTIVITIES
Capital Expenditures $12.42M -$100.0K -$4.100M
YoY Change 49.14% -91.67% 1266.67%
Acquisitions $0.00
YoY Change
Other Investing Activities $0.00 -$400.0K $0.00
YoY Change -84.62% -100.0%
Cash From Investing Activities -$12.42M -$600.0K -$4.200M
YoY Change 48.49% -84.21% -103.61%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $46.01M
YoY Change 19.6%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$27.42M -14.70M -25.40M
YoY Change -55.85% -144.28% -76.52%
NET CHANGE
Cash From Operating Activities $39.82M 15.50M 29.20M
Cash From Investing Activities -$12.42M -600.0K -4.200M
Cash From Financing Activities -$27.42M -14.70M -25.40M
Net Change In Cash -$15.00K 200.0K -400.0K
YoY Change -105.79% 100.0% 100.0%
FREE CASH FLOW
Cash From Operating Activities $39.82M $15.50M $29.20M
Capital Expenditures $12.42M -$100.0K -$4.100M
Free Cash Flow $27.40M $15.60M $33.30M
YoY Change -56.09% -155.52% -511.11%

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875000 USD
CY2014Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1238000 USD
CY2015Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1497000 USD
CY2016Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1482000 USD
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CashAndCashEquivalentsPeriodIncreaseDecrease
363000 USD
CY2015 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
259000 USD
CY2016 us-gaap Cash And Cash Equivalents Period Increase Decrease
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-15000 USD
CY2015Q4 us-gaap Commitments And Contingencies
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USD
CY2016Q4 us-gaap Commitments And Contingencies
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USD
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0.41
CY2015 us-gaap Common Stock Dividends Per Share Declared
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0.45
CY2016 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.48
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0.01
CY2016Q4 us-gaap Common Stock Par Or Stated Value Per Share
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0.01
CY2015Q4 us-gaap Common Stock Shares Authorized
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250000000 shares
CY2016Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
250000000 shares
CY2015Q4 us-gaap Common Stock Shares Issued
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70558000 shares
CY2016Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
71268000 shares
CY2015Q4 us-gaap Common Stock Value
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705000 USD
CY2016Q4 us-gaap Common Stock Value
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713000 USD
CY2014 us-gaap Cost Of Services
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842750000 USD
CY2015 us-gaap Cost Of Services
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905124000 USD
CY2016 us-gaap Cost Of Services
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911207000 USD
CY2014 us-gaap Current Federal Tax Expense Benefit
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15782000 USD
CY2015 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
22265000 USD
CY2016 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
16677000 USD
CY2014 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
2527000 USD
CY2015 us-gaap Current State And Local Tax Expense Benefit
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4632000 USD
CY2016 us-gaap Current State And Local Tax Expense Benefit
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3829000 USD
CY2014 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
250000 USD
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DeferredIncomeTaxExpenseBenefit
1951000 USD
CY2016 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
2676000 USD
CY2014 us-gaap Deferred Income Taxes And Tax Credits
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491000 USD
CY2015 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
2380000 USD
CY2016 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
2007000 USD
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7543000 USD
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3869000 USD
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4704000 USD
CY2016Q4 us-gaap Deferred Tax Assets Gross Current
DeferredTaxAssetsGrossCurrent
5643000 USD
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DeferredTaxAssetsGrossNoncurrent
22552000 USD
CY2016Q4 us-gaap Deferred Tax Assets Gross Noncurrent
DeferredTaxAssetsGrossNoncurrent
20099000 USD
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4518000 USD
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4799000 USD
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20938000 USD
CY2016Q4 us-gaap Deferred Tax Assets Liabilities Net Noncurrent
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18650000 USD
CY2015Q4 us-gaap Deferred Tax Assets Net
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25456000 USD
CY2016Q4 us-gaap Deferred Tax Assets Net
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23449000 USD
CY2015Q4 us-gaap Deferred Tax Assets Other Loss Carryforwards
DeferredTaxAssetsOtherLossCarryforwards
74000 USD
CY2016Q4 us-gaap Deferred Tax Assets Other Loss Carryforwards
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11000 USD
CY2015Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
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1817000 USD
CY2016Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
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2196000 USD
CY2015Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities
2753000 USD
CY2016Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
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3005000 USD
CY2015Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
982000 USD
CY2016Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
812000 USD
CY2015Q4 us-gaap Deferred Tax Assets Valuation Allowance Noncurrent
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85000 USD
CY2016Q4 us-gaap Deferred Tax Assets Valuation Allowance Noncurrent
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85000 USD
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DeferredTaxLiabilitiesGrossNoncurrent
1529000 USD
CY2016Q4 us-gaap Deferred Tax Liabilities Gross Noncurrent
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1364000 USD
CY2015Q4 us-gaap Deferred Tax Liabilities Prepaid Expenses
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186000 USD
CY2016Q4 us-gaap Deferred Tax Liabilities Prepaid Expenses
DeferredTaxLiabilitiesPrepaidExpenses
260000 USD
CY2015 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
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1400000 USD
CY2016 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
1500000 USD
CY2014 us-gaap Depreciation
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6300000 USD
CY2015 us-gaap Depreciation
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6700000 USD
CY2016 us-gaap Depreciation
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6700000 USD
CY2014 us-gaap Depreciation And Amortization
DepreciationAndAmortization
9894000 USD
CY2015 us-gaap Depreciation And Amortization
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9831000 USD
CY2016 us-gaap Depreciation And Amortization
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8701000 USD
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2.89
CY2015Q1 us-gaap Earnings Per Share Basic
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0.20
CY2015Q2 us-gaap Earnings Per Share Basic
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0.41
CY2015Q3 us-gaap Earnings Per Share Basic
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0.49
CY2015Q4 us-gaap Earnings Per Share Basic
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0.43
CY2015 us-gaap Earnings Per Share Basic
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1.53
CY2016Q1 us-gaap Earnings Per Share Basic
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0.14
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0.41
CY2016Q3 us-gaap Earnings Per Share Basic
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0.35
CY2016Q4 us-gaap Earnings Per Share Basic
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0.36
CY2016 us-gaap Earnings Per Share Basic
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1.26
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2.87
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0.20
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0.41
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0.48
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0.43
CY2015 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.52
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0.14
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0.41
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0.34
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0.36
CY2016 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.25
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0.387
CY2015 us-gaap Effective Income Tax Rate Continuing Operations
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0.403
CY2016 us-gaap Effective Income Tax Rate Continuing Operations
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0.414
CY2014 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.35
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0.35
CY2016 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.35
CY2014 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Meals And Entertainment
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0.011
CY2015 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Meals And Entertainment
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0.007
CY2016 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Meals And Entertainment
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0.010
CY2014 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
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0.011
CY2015 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost
0.000
CY2016 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost
0.002
CY2014 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.017
CY2015 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.015
CY2016 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.016
CY2014 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.032
CY2015 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.061
CY2016 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.068
CY2015Q4 us-gaap Employee Related Liabilities Current
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46125000 USD
CY2016Q4 us-gaap Employee Related Liabilities Current
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44137000 USD
CY2014 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
1200000 USD
CY2015 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
2300000 USD
CY2016 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
2800000 USD
CY2014 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
0 USD
CY2015 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
551000 USD
CY2016 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
376000 USD
CY2014 us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
0 USD
CY2015 us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
551000 USD
CY2016 us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
376000 USD
CY2015Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
26600000 USD
CY2016Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
27200000 USD
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2000000 USD
CY2016Q4 us-gaap Finite Lived Intangible Assets Net
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1400000 USD
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-446000 USD
CY2015 us-gaap Gain Loss On Investments Excluding Other Than Temporary Impairments
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-77000 USD
CY2016 us-gaap Gain Loss On Investments Excluding Other Than Temporary Impairments
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-597000 USD
CY2014 us-gaap Gain Loss On Sale Of Business
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64600000 USD
CY2015 us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
0 USD
CY2016 us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
0 USD
CY2014Q4 us-gaap Goodwill
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45968000 USD
CY2015Q4 us-gaap Goodwill
Goodwill
45968000 USD
CY2016Q4 us-gaap Goodwill
Goodwill
45968000 USD
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280753000 USD
CY2015Q4 us-gaap Goodwill Gross
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280753000 USD
CY2016Q4 us-gaap Goodwill Gross
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280753000 USD
CY2014Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
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234785000 USD
CY2015Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
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234785000 USD
CY2016Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
234785000 USD
CY2014 us-gaap Goodwill Impairment Loss
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0 USD
CY2015 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2016 us-gaap Goodwill Impairment Loss
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0 USD
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374581000 USD
CY2015Q1 us-gaap Gross Profit
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94740000 USD
CY2015Q2 us-gaap Gross Profit
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106038000 USD
CY2015Q3 us-gaap Gross Profit
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109821000 USD
CY2015Q4 us-gaap Gross Profit
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103515000 USD
CY2015 us-gaap Gross Profit
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414114000 USD
CY2016Q1 us-gaap Gross Profit
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97189000 USD
CY2016Q2 us-gaap Gross Profit
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106282000 USD
CY2016Q3 us-gaap Gross Profit
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105380000 USD
CY2016Q4 us-gaap Gross Profit
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99648000 USD
CY2016 us-gaap Gross Profit
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408499000 USD
CY2014 us-gaap Impairment Of Intangible Assets Excluding Goodwill
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0 USD
CY2015 us-gaap Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
0 USD
CY2016 us-gaap Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
0 USD
CY2014 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
29398000 USD
CY2015 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
42824000 USD
CY2016 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
32773000 USD
CY2014 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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47957000 USD
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
71672000 USD
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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55955000 USD
CY2014 us-gaap Income Loss From Continuing Operations Per Basic Share
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0.94
CY2015 us-gaap Income Loss From Continuing Operations Per Basic Share
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1.53
CY2016 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
0 USD
CY2014 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
1.95
CY2015 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.00
CY2016 us-gaap Income Loss From Continuing Operations Per Basic Share
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1.26
CY2014 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.93
CY2015 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
1.52
CY2016 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
1.25
CY2014 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
61517000 USD
CY2015 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
0 USD
CY2016 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.00
CY2014 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
1.94
CY2015 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.00
CY2016 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.00
CY2014 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
18559000 USD
CY2015 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
28848000 USD
CY2016 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
23182000 USD
CY2014 us-gaap Income Taxes Paid Net
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52565000 USD
CY2015 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
25395000 USD
CY2016 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
21324000 USD
CY2015Q4 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
526000 USD
CY2016Q4 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
172000 USD
CY2014 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
5653000 USD
CY2015 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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1788000 USD
CY2016 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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-1920000 USD
CY2014 us-gaap Increase Decrease In Accounts Receivable
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40339000 USD
CY2015 us-gaap Increase Decrease In Accounts Receivable
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-4223000 USD
CY2016 us-gaap Increase Decrease In Accounts Receivable
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8403000 USD
CY2014 us-gaap Increase Decrease In Accrued Income Taxes Payable
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-34934000 USD
CY2015 us-gaap Increase Decrease In Accrued Income Taxes Payable
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-1657000 USD
CY2016 us-gaap Increase Decrease In Accrued Income Taxes Payable
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-489000 USD
CY2014 us-gaap Increase Decrease In Employee Related Liabilities
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-248000 USD
CY2015 us-gaap Increase Decrease In Employee Related Liabilities
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-5503000 USD
CY2016 us-gaap Increase Decrease In Employee Related Liabilities
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-1320000 USD
CY2014 us-gaap Increase Decrease In Income Taxes Receivable
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-4409000 USD
CY2015 us-gaap Increase Decrease In Income Taxes Receivable
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-2785000 USD
CY2016 us-gaap Increase Decrease In Income Taxes Receivable
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-354000 USD
CY2014 us-gaap Increase Decrease In Other Noncurrent Liabilities
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-2317000 USD
CY2015 us-gaap Increase Decrease In Other Noncurrent Liabilities
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3306000 USD
CY2016 us-gaap Increase Decrease In Other Noncurrent Liabilities
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-139000 USD
CY2014 us-gaap Increase Decrease In Other Operating Assets
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27000 USD
CY2015 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
298000 USD
CY2016 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
495000 USD
CY2014 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-530000 USD
CY2015 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-1110000 USD
CY2016 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
1631000 USD
CY2014 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
216000 shares
CY2015 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
280000 shares
CY2016 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
175000 shares
CY2015Q4 us-gaap Intangible Assets Net Excluding Goodwill
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4235000 USD
CY2016Q4 us-gaap Intangible Assets Net Excluding Goodwill
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3642000 USD
CY2016Q4 us-gaap Liabilities And Stockholders Equity
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365421000 USD
CY2015Q4 us-gaap Liabilities Current
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87746000 USD
CY2014 us-gaap Interest Paid Net
InterestPaidNet
1048000 USD
CY2015 us-gaap Interest Paid Net
InterestPaidNet
1609000 USD
CY2016 us-gaap Interest Paid Net
InterestPaidNet
2101000 USD
CY2015Q4 us-gaap Liabilities
Liabilities
212195000 USD
CY2016Q4 us-gaap Liabilities
Liabilities
243685000 USD
CY2015Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
351822000 USD
CY2016Q4 us-gaap Liabilities Current
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83353000 USD
CY2016Q4 us-gaap Life Insurance Corporate Or Bank Owned Amount
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213100000 USD
CY2015Q4 us-gaap Line Of Credit
LineOfCredit
80500000 USD
CY2016Q4 us-gaap Line Of Credit
LineOfCredit
111500000 USD
CY2016Q4 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
41400000 USD
CY2015Q4 us-gaap Long Term Line Of Credit
LongTermLineOfCredit
80472000 USD
CY2016Q4 us-gaap Long Term Line Of Credit
LongTermLineOfCredit
111547000 USD
CY2014 us-gaap Net Cash Provided By Used In Financing Activities
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0 USD
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6700000 USD
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47000 USD
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OtherNonoperatingIncomeExpense
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OtherNonoperatingIncomeExpense
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849000 USD
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0 USD
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38471000 USD
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46013000 USD
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460000 USD
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0 USD
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PaymentsOfDebtIssuanceCosts
158000 USD
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12776000 USD
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PaymentsOfDividendsCommonStock
12545000 USD
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12447000 USD
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2611000 USD
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PaymentsToAcquireBusinessesNetOfCashAcquired
0 USD
CY2016 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 USD
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PaymentsToAcquireInvestments
2436000 USD
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PaymentsToAcquireInvestments
481000 USD
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ProvisionForDoubtfulAccounts
976000 USD
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PaymentsToAcquireInvestments
0 USD
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PaymentsToAcquirePropertyPlantAndEquipment
6010000 USD
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PaymentsToAcquirePropertyPlantAndEquipment
8328000 USD
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PaymentsToAcquirePropertyPlantAndEquipment
12420000 USD
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PensionAndOtherPostretirementBenefitExpense
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0.01
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PreferredStockParOrStatedValuePerShare
0.01
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15000000 shares
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15000000 shares
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0 shares
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PreferredStockSharesIssued
0 shares
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PreferredStockSharesOutstanding
0 shares
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0 shares
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0 USD
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0 USD
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9060000 USD
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ProceedsFromDivestitureOfBusinesses
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ProceedsFromDivestitureOfBusinesses
0 USD
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ProceedsFromDivestitureOfBusinesses
0 USD
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1037000 USD
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ProceedsFromLifeInsurancePolicies
0 USD
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ProceedsFromLifeInsurancePolicies
0 USD
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ProceedsFromLinesOfCredit
684427000 USD
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ProceedsFromLinesOfCredit
604668000 USD
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ProceedsFromLinesOfCredit
937083000 USD
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ProceedsFromNotesPayable
0 USD
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ProceedsFromNotesPayable
2914000 USD
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ProceedsFromNotesPayable
1783000 USD
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0 USD
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445000 USD
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ProceedsFromSaleMaturityAndCollectionsOfInvestments
0 USD
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1131000 USD
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381000 USD
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172000 USD
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37476000 USD
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43145000 USD
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825000 USD
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1553000 USD
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14600000 USD
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PurchaseObligationDueInFifthYear
0 USD
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400000 USD
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7400000 USD
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4200000 USD
CY2016Q4 us-gaap Purchase Obligation Due In Third Year
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2600000 USD
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1280000 USD
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RepaymentsOfDebtAndCapitalLeaseObligations
1274000 USD
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RepaymentsOfDebtAndCapitalLeaseObligations
1830000 USD
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906008000 USD
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155096000 USD
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174967000 USD
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1217331000 USD
CY2015Q1 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
312611000 USD
CY2015Q2 us-gaap Sales Revenue Services Net
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337353000 USD
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SalesRevenueServicesNet
341575000 USD
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327699000 USD
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322201000 USD
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335047000 USD
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336460000 USD
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325998000 USD
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SalesRevenueServicesNet
1319706000 USD
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315338000 USD
CY2015 us-gaap Selling General And Administrative Expense
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330416000 USD
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341196000 USD
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3028000 USD
CY2015 us-gaap Share Based Compensation
ShareBasedCompensation
5819000 USD
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ShareBasedCompensation
6705000 USD
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1029000 USD
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ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
359000 USD
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
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75000 USD
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18000 shares
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11.00
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ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
180000 shares
CY2014Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
57000 shares
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
25000 shares
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
10000 shares
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
11.57
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ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
11.69
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
11.58
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
11.79
CY2014Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Plan Modification Incremental Compensation Cost
ShareBasedCompensationArrangementByShareBasedPaymentAwardPlanModificationIncrementalCompensationCost
109000 USD
CY2014Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Plan Modification Number Of Employees Affected
ShareBasedCompensationArrangementByShareBasedPaymentAwardPlanModificationNumberOfEmployeesAffected
87 employee
CY2014 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
11.61
CY2014 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
105000 shares
CY2015 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
32000 shares
CY2015 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
11.78
CY2014 us-gaap Stock Issued During Period Shares Employee Stock Purchase Plans
StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans
35000 shares
CY2015 us-gaap Stock Issued During Period Shares Employee Stock Purchase Plans
StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans
26000 shares
CY2016 us-gaap Stock Issued During Period Shares Employee Stock Purchase Plans
StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans
34000 shares
CY2016 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
11.44
CY2014 us-gaap Stock Issued1
StockIssued1
84000 USD
CY2015 us-gaap Stock Issued1
StockIssued1
0 USD
CY2016 us-gaap Stock Issued1
StockIssued1
63000 USD
CY2016 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
15000 shares
CY2014 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
699000 USD
CY2015 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
578000 USD
CY2016 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
669000 USD
CY2015Q4 us-gaap Stockholders Equity
StockholdersEquity
139627000 USD
CY2016Q4 us-gaap Stockholders Equity
StockholdersEquity
121736000 USD
CY2014 us-gaap Trading Securities Realized Gain Loss
TradingSecuritiesRealizedGainLoss
0 USD
CY2015 us-gaap Trading Securities Realized Gain Loss
TradingSecuritiesRealizedGainLoss
0 USD
CY2016 us-gaap Trading Securities Realized Gain Loss
TradingSecuritiesRealizedGainLoss
0 USD
CY2015Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
42130000 shares
CY2016Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
44469000 shares
CY2015Q4 us-gaap Treasury Stock Value
TreasuryStockValue
436768000 USD
CY2016Q4 us-gaap Treasury Stock Value
TreasuryStockValue
482340000 USD
CY2013Q4 us-gaap Unrecognized Tax Benefits
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403000 USD
CY2014Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
278000 USD
CY2015Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
788000 USD
CY2016Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
1115000 USD
CY2014 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
11000 USD
CY2015 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
8000 USD
CY2016 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
25000 USD
CY2014 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
180000 USD
CY2015 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
82000 USD
CY2016 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
0 USD
CY2014 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
90000 USD
CY2015 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
625000 USD
CY2016 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
454000 USD
CY2014 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
24000 USD
CY2015 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
25000 USD
CY2016 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
102000 USD
CY2016Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
700000 USD
CY2014 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
31691000 shares
CY2015 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
28190000 shares
CY2016 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
26274000 shares
CY2014 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
31475000 shares
CY2015 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
27910000 shares
CY2016 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
26099000 shares
CY2015Q4 us-gaap Workers Compensation Liability Current
WorkersCompensationLiabilityCurrent
1282000 USD
CY2016Q4 us-gaap Workers Compensation Liability Current
WorkersCompensationLiabilityCurrent
1298000 USD
CY2016 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:12px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and 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. The most important of these estimates and assumptions relate to the following: allowance for doubtful accounts, fallouts and other accounts receivable reserves; accounting for goodwill and identifiable intangible assets and any related impairment; self-insured liabilities for workers&#8217; compensation and health insurance; obligations for pension plans and accounting for income taxes. Although these and other estimates and assumptions are based on the best available information, actual results could be materially different from these estimates.</font></div></div>

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