2017 Q3 Form 10-Q Financial Statement

#000031920117000045 Filed on October 27, 2017

View on sec.gov

Income Statement

Concept 2017 Q3 2016 Q3
Revenue $969.6M $750.7M
YoY Change 29.16% 16.81%
Cost Of Revenue $353.1M $277.8M
YoY Change 27.1% 2.81%
Gross Profit $616.5M $472.8M
YoY Change 30.38% 26.97%
Gross Profit Margin 63.58% 62.99%
Selling, General & Admin $107.4M $94.39M
YoY Change 13.82% 2.97%
% of Gross Profit 17.43% 19.96%
Research & Development $146.7M $129.2M
YoY Change 13.51% 7.75%
% of Gross Profit 23.79% 27.33%
Depreciation & Amortization $15.28M $14.42M
YoY Change 5.96% -26.92%
% of Gross Profit 2.48% 3.05%
Operating Expenses $254.1M $223.6M
YoY Change 13.64% 5.68%
Operating Profit $362.3M $249.2M
YoY Change 45.39% 54.99%
Interest Expense $30.58M $30.73M
YoY Change -0.51% 0.55%
% of Operating Profit 8.44% 12.33%
Other Income/Expense, Net $5.100M $3.700M
YoY Change 37.84% -5.13%
Pretax Income $336.2M $222.2M
YoY Change 51.27% 65.47%
Income Tax $55.22M $44.12M
% Of Pretax Income 16.43% 19.85%
Net Earnings $280.9M $178.1M
YoY Change 57.74% 69.79%
Net Earnings / Revenue 28.97% 23.73%
Basic Earnings Per Share $1.79 $1.14
Diluted Earnings Per Share $1.78 $1.13
COMMON SHARES
Basic Shares Outstanding 156.8M shares 156.1M shares
Diluted Shares Outstanding 157.8M shares 157.0M shares

Balance Sheet

Concept 2017 Q3 2016 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $3.057B $2.495B
YoY Change 22.52% 9.92%
Cash & Equivalents $1.321B $966.3M
Short-Term Investments $1.736B $1.528B
Other Short-Term Assets $73.87M $76.58M
YoY Change -3.53% 22.18%
Inventory $762.4M $703.3M
Prepaid Expenses $43.40M $38.11M
Receivables $666.7M $654.7M
Other Receivables $20.40M $29.80M
Total Short-Term Assets $4.559B $3.929B
YoY Change 16.04% 6.9%
LONG-TERM ASSETS
Property, Plant & Equipment $279.9M $272.4M
YoY Change 2.76% -10.08%
Goodwill $349.7M $335.2M
YoY Change 4.32% -0.01%
Intangibles $17.76M $3.065M
YoY Change 479.54% -62.81%
Long-Term Investments
YoY Change
Other Assets $201.3M $188.5M
YoY Change 6.77% -24.46%
Total Long-Term Assets $1.131B $272.4M
YoY Change 315.24% -10.08%
TOTAL ASSETS
Total Short-Term Assets $4.559B $3.929B
Total Long-Term Assets $1.131B $272.4M
Total Assets $5.690B $4.996B
YoY Change 13.9% 9.29%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $138.7M $105.1M
YoY Change 31.97% -2.14%
Accrued Expenses $602.9M $490.0M
YoY Change 23.04% 6.94%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $250.0M
YoY Change
Total Short-Term Liabilities $1.466B $974.7M
YoY Change 50.4% 6.5%
LONG-TERM LIABILITIES
Long-Term Debt $2.525B $3.019B
YoY Change -16.36% -4.2%
Other Long-Term Liabilities $175.1M $161.0M
YoY Change 8.76% -2.79%
Total Long-Term Liabilities $2.700B $161.0M
YoY Change 1576.96% -95.15%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.466B $974.7M
Total Long-Term Liabilities $2.700B $161.0M
Total Liabilities $4.226B $4.215B
YoY Change 0.28% -1.46%
SHAREHOLDERS EQUITY
Retained Earnings $996.5M $381.1M
YoY Change 161.47% -945.91%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.464B $781.5M
YoY Change
Total Liabilities & Shareholders Equity $5.690B $4.996B
YoY Change 13.9% 9.29%

Cashflow Statement

Concept 2017 Q3 2016 Q3
OPERATING ACTIVITIES
Net Income $280.9M $178.1M
YoY Change 57.74% 69.79%
Depreciation, Depletion And Amortization $15.28M $14.42M
YoY Change 5.96% -26.92%
Cash From Operating Activities $373.6M $169.8M
YoY Change 120.07% -12.39%
INVESTING ACTIVITIES
Capital Expenditures $15.76M $9.883M
YoY Change 59.43% 34.63%
Acquisitions $710.0K $0.00
YoY Change
Other Investing Activities $128.8M -$157.9M
YoY Change -181.57% -502.81%
Cash From Investing Activities $113.0M -$167.8M
YoY Change -167.33% -626.09%
FINANCING ACTIVITIES
Cash Dividend Paid $100.3M $89.31M
YoY Change 12.33% -12.16%
Common Stock Issuance & Retirement, Net $39.93M $0.00
YoY Change -100.0%
Debt Paid & Issued, Net $156.3M $40.00M
YoY Change 290.63% 0.0%
Cash From Financing Activities -$320.1M -$146.7M
YoY Change 118.24% -50.38%
NET CHANGE
Cash From Operating Activities $373.6M $169.8M
Cash From Investing Activities $113.0M -$167.8M
Cash From Financing Activities -$320.1M -$146.7M
Net Change In Cash $166.5M -$144.7M
YoY Change -215.03% 106.91%
FREE CASH FLOW
Cash From Operating Activities $373.6M $169.8M
Capital Expenditures $15.76M $9.883M
Free Cash Flow $357.9M $159.9M
YoY Change 123.82% -14.24%

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CY2017Q2 us-gaap Derivative Collateral Obligation To Return Cash
DerivativeCollateralObligationToReturnCash
0 USD
CY2017Q3 us-gaap Derivative Collateral Obligation To Return Cash
DerivativeCollateralObligationToReturnCash
0 USD
CY2017Q2 us-gaap Derivative Collateral Right To Reclaim Cash
DerivativeCollateralRightToReclaimCash
0 USD
CY2017Q3 us-gaap Derivative Collateral Right To Reclaim Cash
DerivativeCollateralRightToReclaimCash
0 USD
CY2017Q2 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
5931000 USD
CY2017Q3 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
4043000 USD
CY2017Q2 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
1275000 USD
CY2017Q3 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
1235000 USD
CY2016Q3 us-gaap Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
-1379000 USD
CY2017Q3 us-gaap Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
2118000 USD
CY2016Q3 us-gaap Derivative Instruments Gain Loss Recognized In Other Comprehensive Income Effective Portion Net
DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet
-1838000 USD
CY2017Q3 us-gaap Derivative Instruments Gain Loss Recognized In Other Comprehensive Income Effective Portion Net
DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet
444000 USD
CY2017Q2 us-gaap Derivative Liabilities
DerivativeLiabilities
1275000 USD
CY2017Q3 us-gaap Derivative Liabilities
DerivativeLiabilities
1235000 USD
CY2017Q2 us-gaap Derivative Liability Fair Value Gross Asset
DerivativeLiabilityFairValueGrossAsset
0 USD
CY2017Q3 us-gaap Derivative Liability Fair Value Gross Asset
DerivativeLiabilityFairValueGrossAsset
0 USD
CY2017Q2 us-gaap Derivative Liability Fair Value Offset Against Collateral Net Of Not Subject To Master Netting Arrangement Policy Election
DerivativeLiabilityFairValueOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection
0 USD
CY2017Q3 us-gaap Derivative Liability Fair Value Offset Against Collateral Net Of Not Subject To Master Netting Arrangement Policy Election
DerivativeLiabilityFairValueOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection
218000 USD
CY2017Q2 us-gaap Derivative Liability Not Offset Policy Election Deduction
DerivativeLiabilityNotOffsetPolicyElectionDeduction
1275000 USD
CY2017Q3 us-gaap Derivative Liability Not Offset Policy Election Deduction
DerivativeLiabilityNotOffsetPolicyElectionDeduction
1017000 USD
CY2016Q3 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
12045000 USD
CY2017Q3 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
7011000 USD
CY2016Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.14
CY2017Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.79
CY2016Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.13
CY2017Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.78
CY2016Q3 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
2572000 USD
CY2017Q3 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
1155000 USD
CY2016Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.199
CY2017Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.164
CY2017Q2 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
172707000 USD
CY2017Q3 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
241746000 USD
CY2017Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
215229000 USD
CY2017Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
216429000 USD
CY2017Q3 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
4768000 USD
CY2017Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
3051000 USD
CY2017Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
2486000 USD
CY2017Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
2486000 USD
CY2017Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
2486000 USD
CY2017Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
2486000 USD
CY2017Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
234192000 USD
CY2017Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
234192000 USD
CY2017Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
18963000 USD
CY2017Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
17763000 USD
CY2017Q2 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
21328000 USD
CY2017Q3 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
21674000 USD
CY2017Q2 us-gaap Goodwill
Goodwill
349526000 USD
CY2017Q3 us-gaap Goodwill
Goodwill
349678000 USD
CY2017Q2 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
277600000 USD
CY2017Q3 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
277600000 USD
CY2017Q3 us-gaap Goodwill Translation And Purchase Accounting Adjustments
GoodwillTranslationAndPurchaseAccountingAdjustments
152000 USD
CY2016Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
222220000 USD
CY2017Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
336152000 USD
CY2016Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
44119000 USD
CY2017Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
55216000 USD
CY2016Q3 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
39411000 USD
CY2017Q3 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
23858000 USD
CY2017Q2 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
22071000 USD
CY2017Q3 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
20340000 USD
CY2016Q3 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-1547000 USD
CY2017Q3 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-8877000 USD
CY2016Q3 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
38241000 USD
CY2017Q3 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
95621000 USD
CY2016Q3 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-1187000 USD
CY2017Q3 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
20194000 USD
CY2016Q3 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-19477000 USD
CY2017Q3 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
2235000 USD
CY2016Q3 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-26343000 USD
CY2017Q3 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
160921000 USD
CY2017Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
18963000 USD
CY2017Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
17763000 USD
CY2017Q2 us-gaap Interest And Dividends Payable Current
InterestAndDividendsPayableCurrent
19396000 USD
CY2017Q3 us-gaap Interest And Dividends Payable Current
InterestAndDividendsPayableCurrent
46217000 USD
CY2016Q3 us-gaap Interest And Other Income
InterestAndOtherIncome
3736000 USD
CY2017Q3 us-gaap Interest And Other Income
InterestAndOtherIncome
5041000 USD
CY2017Q2 us-gaap Interest Bearing Deposits In Banks
InterestBearingDepositsInBanks
39400000 USD
CY2017Q2 us-gaap Interest Bearing Deposits In Banks
InterestBearingDepositsInBanks
39389000 USD
CY2017Q3 us-gaap Interest Bearing Deposits In Banks
InterestBearingDepositsInBanks
49300000 USD
CY2017Q3 us-gaap Interest Bearing Deposits In Banks
InterestBearingDepositsInBanks
49316000 USD
CY2016Q3 us-gaap Interest Expense
InterestExpense
30732000 USD
CY2017Q3 us-gaap Interest Expense
InterestExpense
30576000 USD
CY2016Q3 us-gaap Interest Paid Net
InterestPaidNet
3243000 USD
CY2017Q3 us-gaap Interest Paid Net
InterestPaidNet
3005000 USD
CY2017Q2 us-gaap Inventory Finished Goods
InventoryFinishedGoods
54401000 USD
CY2017Q3 us-gaap Inventory Finished Goods
InventoryFinishedGoods
62590000 USD
CY2017Q2 us-gaap Inventory Net
InventoryNet
732988000 USD
CY2017Q3 us-gaap Inventory Net
InventoryNet
762401000 USD
CY2017Q2 us-gaap Inventory Raw Materials
InventoryRawMaterials
240389000 USD
CY2017Q3 us-gaap Inventory Raw Materials
InventoryRawMaterials
248340000 USD
CY2017Q2 us-gaap Inventory Work In Process
InventoryWorkInProcess
193026000 USD
CY2017Q3 us-gaap Inventory Work In Process
InventoryWorkInProcess
210514000 USD
CY2017Q2 us-gaap Land
Land
40617000 USD
CY2017Q3 us-gaap Land
Land
40613000 USD
CY2016Q3 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
2400000 USD
CY2017Q3 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
2500000 USD
CY2017Q2 us-gaap Liabilities
Liabilities
4205756000 USD
CY2017Q3 us-gaap Liabilities
Liabilities
4226442000 USD
CY2017Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
5532173000 USD
CY2017Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
5690398000 USD
CY2017Q2 us-gaap Liabilities Current
LiabilitiesCurrent
1293162000 USD
CY2017Q3 us-gaap Liabilities Current
LiabilitiesCurrent
1466040000 USD
CY2017Q2 us-gaap Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
1275000 USD
CY2017Q3 us-gaap Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
1235000 USD
CY2017Q2 us-gaap Long Term Debt
LongTermDebt
2930457000 USD
CY2017Q3 us-gaap Long Term Debt
LongTermDebt
2774838000 USD
CY2017Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
249983000 USD
CY2017Q3 us-gaap Long Term Debt Current
LongTermDebtCurrent
249996000 USD
CY2017Q3 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
1500000000 USD
CY2017Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
500000000 USD
CY2017Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
0 USD
CY2017Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
540000000 USD
CY2017Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
0 USD
CY2017Q3 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
250000000 USD
CY2017Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
2680474000 USD
CY2017Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
2524842000 USD
CY2017Q2 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
551277000 USD
CY2017Q3 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
555666000 USD
CY2017Q2 us-gaap Marketable Securities Current
MarketableSecuritiesCurrent
1863689000 USD
CY2017Q3 us-gaap Marketable Securities Current
MarketableSecuritiesCurrent
1735787000 USD
CY2016Q3 us-gaap Marketable Securities Gain Loss
MarketableSecuritiesGainLoss
204000 USD
CY2017Q3 us-gaap Marketable Securities Gain Loss
MarketableSecuritiesGainLoss
20000 USD
CY2016Q3 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-146689000 USD
CY2017Q3 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-320132000 USD
CY2016Q3 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-167823000 USD
CY2017Q3 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
112994000 USD
CY2016Q3 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
169777000 USD
CY2017Q3 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
373629000 USD
CY2016Q3 us-gaap Net Income Loss
NetIncomeLoss
178101000 USD
CY2017Q3 us-gaap Net Income Loss
NetIncomeLoss
280936000 USD
CY2016Q3 us-gaap Noncash Or Part Noncash Acquisition Fixed Assets Acquired1
NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1
1974000 USD
CY2017Q3 us-gaap Noncash Or Part Noncash Acquisition Fixed Assets Acquired1
NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1
4734000 USD
CY2017Q2 us-gaap Noncurrent Assets
NoncurrentAssets
283975000 USD
CY2017Q3 us-gaap Noncurrent Assets
NoncurrentAssets
279872000 USD
CY2017Q3 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 segment
CY2017Q3 us-gaap Number Of Reporting Units
NumberOfReportingUnits
4 reporting_unit
CY2017Q3 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
27921000 USD
CY2017Q3 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
1450000 USD
CY2017Q3 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
3469000 USD
CY2017Q3 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
4915000 USD
CY2017Q3 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
6391000 USD
CY2017Q3 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
2531000 USD
CY2017Q3 us-gaap Operating Leases Future Minimum Payments Remainder Of Fiscal Year
OperatingLeasesFutureMinimumPaymentsRemainderOfFiscalYear
9165000 USD
CY2017Q2 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
116039000 USD
CY2017Q3 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
127017000 USD
CY2017Q2 us-gaap Other Assets Current
OtherAssetsCurrent
71221000 USD
CY2017Q3 us-gaap Other Assets Current
OtherAssetsCurrent
73873000 USD
CY2017Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
195676000 USD
CY2017Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
201287000 USD
CY2016Q3 us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
-2605000 USD
CY2017Q3 us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
597000 USD
CY2016Q3 us-gaap Other Comprehensive Income Availableforsale Securities Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent
-476000 USD
CY2017Q3 us-gaap Other Comprehensive Income Availableforsale Securities Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent
64000 USD
CY2016Q3 us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
-245000 USD
CY2017Q3 us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
34000 USD
CY2016Q3 us-gaap Other Comprehensive Income Derivatives Qualifying As Hedges Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent
-294000 USD
CY2017Q3 us-gaap Other Comprehensive Income Derivatives Qualifying As Hedges Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent
-1076000 USD
CY2016Q3 us-gaap Other Comprehensive Income Derivatives Qualifying As Hedges Tax Portion Attributable To Parent
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesTaxPortionAttributableToParent
-165000 USD
CY2017Q3 us-gaap Other Comprehensive Income Derivatives Qualifying As Hedges Tax Portion Attributable To Parent
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesTaxPortionAttributableToParent
-598000 USD
CY2016Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent
3924000 USD
CY2017Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent
1558000 USD
CY2016Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
4706000 USD
CY2017Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
1055000 USD
CY2016Q3 us-gaap Other Comprehensive Income Foreign Currency Translation Adjustment Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTaxPortionAttributableToParent
-782000 USD
CY2017Q3 us-gaap Other Comprehensive Income Foreign Currency Translation Adjustment Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTaxPortionAttributableToParent
503000 USD
CY2016Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
2052000 USD
CY2017Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
542000 USD
CY2016Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
204000 USD
CY2017Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
6000 USD
CY2016Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesBeforeTax
-1379000 USD
CY2017Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesBeforeTax
2118000 USD
CY2016Q3 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
-1838000 USD
CY2017Q3 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
444000 USD
CY2016Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
-2877000 USD
CY2017Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
667000 USD
CY2017Q2 us-gaap Other Inventories Spare Parts
OtherInventoriesSpareParts
245172000 USD
CY2017Q3 us-gaap Other Inventories Spare Parts
OtherInventoriesSpareParts
240957000 USD
CY2017Q2 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
649431000 USD
CY2017Q3 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
806636000 USD
CY2017Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
172407000 USD
CY2017Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
175104000 USD
CY2016Q3 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 USD
CY2017Q3 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
39927000 USD
CY2016Q3 us-gaap Payments Of Dividends
PaymentsOfDividends
89313000 USD
CY2017Q3 us-gaap Payments Of Dividends
PaymentsOfDividends
100327000 USD
CY2016Q3 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
17376000 USD
CY2017Q3 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
23628000 USD
CY2016Q3 us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
457512000 USD
CY2017Q3 us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
191744000 USD
CY2016Q3 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 USD
CY2017Q3 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
710000 USD
CY2016Q3 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
1470000 USD
CY2017Q3 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
0 USD
CY2016Q3 us-gaap Payments To Acquire Other Investments
PaymentsToAcquireOtherInvestments
52465000 USD
CY2017Q3 us-gaap Payments To Acquire Other Investments
PaymentsToAcquireOtherInvestments
11876000 USD
CY2016Q3 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
9883000 USD
CY2017Q3 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
15756000 USD
CY2017Q2 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
36146000 USD
CY2017Q3 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
43403000 USD
CY2016Q3 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
3408000 USD
CY2017Q3 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
5571000 USD
CY2016Q3 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
197100000 USD
CY2017Q3 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
268665000 USD
CY2016Q3 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
45301000 USD
CY2017Q3 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
14320000 USD
CY2016Q3 us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
111106000 USD
CY2017Q3 us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
50095000 USD
CY2016Q2 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
34773000 USD
CY2016Q3 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
36967000 USD
CY2017Q2 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
45458000 USD
CY2017Q3 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
46439000 USD
CY2017Q2 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
45458000 USD
CY2017Q3 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
46439000 USD
CY2016Q3 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
8263000 USD
CY2017Q3 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
9584000 USD
CY2016Q3 us-gaap Product Warranty Accrual Preexisting Increase Decrease
ProductWarrantyAccrualPreexistingIncreaseDecrease
-445000 USD
CY2017Q3 us-gaap Product Warranty Accrual Preexisting Increase Decrease
ProductWarrantyAccrualPreexistingIncreaseDecrease
-2531000 USD
CY2016Q3 us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
10902000 USD
CY2017Q3 us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
13096000 USD
CY2017Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
937125000 USD
CY2017Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
946478000 USD
CY2017Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
283975000 USD
CY2017Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
279872000 USD
CY2017Q3 us-gaap Purchase Commitment Remaining Minimum Amount Committed
PurchaseCommitmentRemainingMinimumAmountCommitted
442000000 USD
CY2016Q3 us-gaap Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
357000 USD
CY2017Q3 us-gaap Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
704000 USD
CY2016Q3 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
40000000 USD
CY2017Q3 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
156250000 USD
CY2016Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
129233000 USD
CY2017Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
146732000 USD
CY2016Q3 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
0 USD
CY2017Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
848457000 USD
CY2017Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
996514000 USD
CY2017Q3 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
2000 USD
CY2016Q3 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
561753000 USD
CY2017Q3 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
760787000 USD
CY2016Q3 us-gaap Sales Revenue Net
SalesRevenueNet
750673000 USD
CY2017Q3 us-gaap Sales Revenue Net
SalesRevenueNet
969581000 USD
CY2016Q3 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
188920000 USD
CY2017Q3 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
208794000 USD
CY2016Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
94388000 USD
CY2017Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
107713000 USD
CY2016Q3 us-gaap Share Based Compensation
ShareBasedCompensation
11478000 USD
CY2017Q3 us-gaap Share Based Compensation
ShareBasedCompensation
14031000 USD
CY2017Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Discount From Market Price Offering Date
ShareBasedCompensationArrangementByShareBasedPaymentAwardDiscountFromMarketPriceOfferingDate
0.85
CY2017Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Maximum Employee Subscription Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardMaximumEmployeeSubscriptionRate
0.1
CY2017Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
4710000 shares
CY2017Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
4180000 shares
CY2017Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
0 shares
CY2017Q3 us-gaap Significant Change In Unrecognized Tax Benefits Is Reasonably Possible Amount Of Unrecorded Benefit
SignificantChangeInUnrecognizedTaxBenefitsIsReasonablyPossibleAmountOfUnrecordedBenefit
23500000 USD
CY2017Q3 us-gaap Stock Repurchase Program Remaining Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramRemainingNumberOfSharesAuthorizedToBeRepurchased
5200000 shares
CY2017Q2 us-gaap Stockholders Equity
StockholdersEquity
1326417000 USD
CY2017Q3 us-gaap Stockholders Equity
StockholdersEquity
1463956000 USD
CY2017Q2 us-gaap Taxes Payable Current
TaxesPayableCurrent
17040000 USD
CY2017Q3 us-gaap Taxes Payable Current
TaxesPayableCurrent
34774000 USD
CY2016Q3 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
0 USD
CY2017Q3 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
40775000 USD
CY2017Q2 us-gaap Unsecured Long Term Debt
UnsecuredLongTermDebt
2680474000 USD
CY2017Q3 us-gaap Unsecured Long Term Debt
UnsecuredLongTermDebt
2524842000 USD
CY2016Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
892000 shares
CY2017Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1020000 shares
CY2016Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
157021000 shares
CY2017Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
157846000 shares
CY2016Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
156129000 shares
CY2017Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
156826000 shares
CY2017Q3 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:12px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of the condensed consolidated financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions in applying the Company&#8217;s accounting policies that affect the reported amounts of assets and liabilities (and related disclosure of contingent assets and liabilities) at the date of the condensed consolidated financial statements and the reported amounts of revenues and expenses during the reporting periods. Actual results could differ from those estimates.</font></div></div>

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