2017 Q2 Form 10-K Financial Statement

#000005524218000025 Filed on August 10, 2018

View on sec.gov

Income Statement

Concept 2017 Q2 2017 Q1 2016 Q4
Revenue $565.0M $528.6M $487.6M
YoY Change 8.4% 6.19% -6.96%
Cost Of Revenue $384.7M $342.4M $340.0M
YoY Change 8.52% 0.55% -11.29%
Gross Profit $180.3M $186.3M $147.6M
YoY Change 8.16% 18.37% 4.84%
Gross Profit Margin 31.91% 35.24% 30.28%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $26.60M $26.70M $26.90M
YoY Change -4.66% -2.2% -12.66%
% of Gross Profit 14.75% 14.33% 18.22%
Operating Expenses $119.3M $116.9M $111.0M
YoY Change -5.09% -3.36% -10.18%
Operating Profit $60.99M $57.91M $24.01M
YoY Change 48.81% 111.86% -110.26%
Interest Expense -$8.100M $7.331M $7.151M
YoY Change 28.57% 3.06% 5.12%
% of Operating Profit -13.28% 12.66% 29.78%
Other Income/Expense, Net $1.000M -$1.626M -$726.0K
YoY Change -47.37% -183.9% -199.18%
Pretax Income $33.10M $48.96M $16.14M
YoY Change 59.9% 120.92% -106.72%
Income Tax $7.500M $9.301M $8.221M
% Of Pretax Income 22.66% 19.0% 50.95%
Net Earnings $24.64M $38.89M $7.262M
YoY Change -137.05% 143.06% -104.29%
Net Earnings / Revenue 4.36% 7.36% 1.49%
Basic Earnings Per Share $0.31 $0.48 $0.09
Diluted Earnings Per Share $0.30 $0.48 $0.09
COMMON SHARES
Basic Shares Outstanding 80.55M shares 80.40M shares 80.21M shares
Diluted Shares Outstanding 81.38M shares 81.03M shares

Balance Sheet

Concept 2017 Q2 2017 Q1 2016 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $190.6M $100.8M $102.0M
YoY Change 17.95% -26.21% -26.62%
Cash & Equivalents $190.6M $100.8M $102.0M
Short-Term Investments
Other Short-Term Assets $55.17M $75.06M $80.38M
YoY Change -3.73% 36.08% 40.05%
Inventory $487.7M $490.2M $449.9M
Prepaid Expenses
Receivables $380.4M $377.0M $339.5M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $1.114B $1.043B $971.7M
YoY Change 3.59% -5.11% -8.58%
LONG-TERM ASSETS
Property, Plant & Equipment $744.4M $728.8M $725.1M
YoY Change 1.88% 0.45% 0.78%
Goodwill $301.4M $294.3M $292.0M
YoY Change 0.96% -2.58% -2.02%
Intangibles $190.5M $193.1M $197.3M
YoY Change -8.05% -9.23% -8.68%
Long-Term Investments $0.00
YoY Change
Other Assets $12.78M $41.05M $34.31M
YoY Change -65.14% -46.33% -51.53%
Total Long-Term Assets $1.302B $1.292B $1.283B
YoY Change 1.1% -7.25% -6.84%
TOTAL ASSETS
Total Short-Term Assets $1.114B $1.043B $971.7M
Total Long-Term Assets $1.302B $1.292B $1.283B
Total Assets $2.415B $2.335B $2.255B
YoY Change 2.23% -6.31% -7.6%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $215.7M $190.8M $168.9M
YoY Change 18.5% 12.7% 11.4%
Accrued Expenses $85.68M $76.03M $59.74M
YoY Change 15.06% 15.05% 11.16%
Deferred Revenue
YoY Change
Short-Term Debt $700.0K $1.300M $2.000M
YoY Change -41.67% -61.76% 300.0%
Long-Term Debt Due $0.00 $300.0K $300.0K
YoY Change -57.14% -94.44%
Total Short-Term Liabilities $461.5M $426.8M $390.2M
YoY Change 8.0% 1.28% -1.22%
LONG-TERM LIABILITIES
Long-Term Debt $695.0M $694.6M $694.3M
YoY Change 0.22% -0.74% -0.91%
Other Long-Term Liabilities $28.00M $26.78M $27.25M
YoY Change 14.45% 6.94% 9.29%
Total Long-Term Liabilities $28.00M $26.78M $27.25M
YoY Change 14.45% 6.94% 9.29%
TOTAL LIABILITIES
Total Short-Term Liabilities $461.5M $426.8M $390.2M
Total Long-Term Liabilities $28.00M $26.78M $27.25M
Total Liabilities $1.363B $1.355B $1.320B
YoY Change -0.3% 2.89% 2.65%
SHAREHOLDERS EQUITY
Retained Earnings $765.6M $757.1M $734.2M
YoY Change -1.92% -12.28% -14.92%
Common Stock $575.4M $557.6M $550.7M
YoY Change 7.3% 5.15% 4.64%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.017B $946.0M $902.8M
YoY Change
Total Liabilities & Shareholders Equity $2.415B $2.335B $2.255B
YoY Change 2.23% -6.31% -7.6%

Cashflow Statement

Concept 2017 Q2 2017 Q1 2016 Q4
OPERATING ACTIVITIES
Net Income $24.64M $38.89M $7.262M
YoY Change -137.05% 143.06% -104.29%
Depreciation, Depletion And Amortization $26.60M $26.70M $26.90M
YoY Change -4.66% -2.2% -12.66%
Cash From Operating Activities $109.4M $34.10M $25.10M
YoY Change 48.04% -16.63% -61.85%
INVESTING ACTIVITIES
Capital Expenditures -$23.90M -$23.50M -$28.30M
YoY Change -12.77% 6.33% 17.92%
Acquisitions
YoY Change
Other Investing Activities $1.300M $400.0K $2.300M
YoY Change -130.95% -42.86% -96.43%
Cash From Investing Activities -$22.60M -$23.10M -$26.00M
YoY Change -28.71% 8.45% -164.2%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 500.0K -13.80M -11.70M
YoY Change -103.16% -28.5% -81.46%
NET CHANGE
Cash From Operating Activities 109.4M 34.10M 25.10M
Cash From Investing Activities -22.60M -23.10M -26.00M
Cash From Financing Activities 500.0K -13.80M -11.70M
Net Change In Cash 87.30M -2.800M -12.60M
YoY Change 230.68% -1033.33% -129.17%
FREE CASH FLOW
Cash From Operating Activities $109.4M $34.10M $25.10M
Capital Expenditures -$23.90M -$23.50M -$28.30M
Free Cash Flow $133.3M $57.60M $53.40M
YoY Change 31.59% -8.57% -40.53%

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31570000 USD
CY2017 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
24911000 USD
CY2018 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
44127000 USD
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CurrentIncomeTaxExpenseBenefit
16985000 USD
CY2017 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
23628000 USD
CY2018 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
47066000 USD
CY2016 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
454000 USD
CY2017 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
172000 USD
CY2018 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
-816000 USD
CY2017Q2 us-gaap Debt Instrument Fair Value
DebtInstrumentFairValue
704000000 USD
CY2018Q2 us-gaap Debt Instrument Fair Value
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996400000 USD
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6786000 USD
CY2017 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
298000 USD
CY2018 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
1121000 USD
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4663000 USD
CY2018Q2 us-gaap Deferred Finance Costs Net
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6808000 USD
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CY2017 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
6836000 USD
CY2018 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
18242000 USD
CY2016 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
8328000 USD
CY2017 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
6267000 USD
CY2018 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
22915000 USD
CY2016 us-gaap Deferred State And Local Income Tax Expense Benefit
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8407000 USD
CY2017 us-gaap Deferred State And Local Income Tax Expense Benefit
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CY2018 us-gaap Deferred State And Local Income Tax Expense Benefit
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3552000 USD
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14947000 USD
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0 USD
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218108000 USD
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96857000 USD
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5409000 USD
CY2018Q2 us-gaap Deferred Tax Assets Hedging Transactions
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1477000 USD
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20428000 USD
CY2018Q2 us-gaap Deferred Tax Assets Inventory
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10023000 USD
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13466000 USD
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9976000 USD
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101338000 USD
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75228000 USD
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28349000 USD
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17015000 USD
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81920000 USD
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39884000 USD
CY2018Q2 us-gaap Deferred Tax Assets Operating Loss Carryforwards Not Subject To Expiration
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18500000 USD
CY2017Q2 us-gaap Deferred Tax Assets Tax Credit Carryforwards
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37603000 USD
CY2018Q2 us-gaap Deferred Tax Assets Tax Credit Carryforwards
DeferredTaxAssetsTaxCreditCarryforwards
644000 USD
CY2017Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Benefits
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18409000 USD
CY2018Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Benefits
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15697000 USD
CY2017Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Pensions
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24824000 USD
CY2018Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Pensions
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15750000 USD
CY2017Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Postretirement Benefits
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5959000 USD
CY2018Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Postretirement Benefits
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3996000 USD
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11900000 USD
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8609000 USD
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9386000 USD
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116770000 USD
CY2018Q2 us-gaap Deferred Tax Assets Valuation Allowance
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21629000 USD
CY2017Q2 us-gaap Deferred Tax Liabilities
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87872000 USD
CY2018Q2 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
85204000 USD
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0 USD
CY2018Q2 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
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537000 USD
CY2017Q2 us-gaap Deferred Tax Liabilities Noncurrent
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14883000 USD
CY2018Q2 us-gaap Deferred Tax Liabilities Noncurrent
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26991000 USD
CY2017Q2 us-gaap Deferred Tax Liabilities Other
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4614000 USD
CY2018Q2 us-gaap Deferred Tax Liabilities Other
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7561000 USD
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83258000 USD
CY2018Q2 us-gaap Deferred Tax Liabilities Property Plant And Equipment
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77106000 USD
CY2017Q2 us-gaap Defined Benefit Pension Plan Liabilities Noncurrent
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143954000 USD
CY2018Q2 us-gaap Defined Benefit Pension Plan Liabilities Noncurrent
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145797000 USD
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17208000 USD
CY2018Q2 us-gaap Defined Benefit Plan Assets For Plan Benefits Noncurrent
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42543000 USD
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437000 USD
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24000 USD
CY2018 us-gaap Defined Benefit Plan Effect Of One Percentage Point Increase On Accumulated Postretirement Benefit Obligation
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492000 USD
CY2018 us-gaap Defined Benefit Plan Effect Of One Percentage Point Increase On Service And Interest Cost Components
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27000 USD
CY2017Q2 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
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808635000 USD
CY2018Q2 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
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CY2016Q2 us-gaap Defined Benefit Plan Health Care Cost Trend Rate Assumed Next Fiscal Year
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0.085
CY2017Q2 us-gaap Defined Benefit Plan Health Care Cost Trend Rate Assumed Next Fiscal Year
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0.08
CY2018Q2 us-gaap Defined Benefit Plan Health Care Cost Trend Rate Assumed Next Fiscal Year
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0.075
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0.05
CY2017Q2 us-gaap Defined Benefit Plan Ultimate Health Care Cost Trend Rate1
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0.05
CY2018Q2 us-gaap Defined Benefit Plan Ultimate Health Care Cost Trend Rate1
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0.05
CY2016 us-gaap Defined Benefit Plan Year Health Care Cost Trend Rate Reaches Ultimate Trend Rate
DefinedBenefitPlanYearHealthCareCostTrendRateReachesUltimateTrendRate
2027
CY2017 us-gaap Defined Benefit Plan Year Health Care Cost Trend Rate Reaches Ultimate Trend Rate
DefinedBenefitPlanYearHealthCareCostTrendRateReachesUltimateTrendRate
2027
CY2018 us-gaap Defined Benefit Plan Year Health Care Cost Trend Rate Reaches Ultimate Trend Rate
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2027
CY2018 us-gaap Defined Benefit Plans General Information
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10
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17200000 USD
CY2017 us-gaap Defined Contribution Plan Cost Recognized
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15800000 USD
CY2018 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
19600000 USD
CY2016 us-gaap Depreciation
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96704000 USD
CY2017 us-gaap Depreciation
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91078000 USD
CY2018 us-gaap Depreciation
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94012000 USD
CY2016 us-gaap Depreciation Depletion And Amortization
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117466000 USD
CY2017 us-gaap Depreciation Depletion And Amortization
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107656000 USD
CY2018 us-gaap Depreciation Depletion And Amortization
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108680000 USD
CY2017Q2 us-gaap Derivative Assets
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359000 USD
CY2018Q2 us-gaap Derivative Assets
DerivativeAssets
1665000 USD
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CY2018Q2 us-gaap Derivative Assets Liabilities At Fair Value Net
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1458000 USD
CY2018 us-gaap Derivative Instruments Gain Loss Recognized In Income Ineffective Portion And Amount Excluded From Effectiveness Testing Net
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0 USD
CY2017Q2 us-gaap Derivative Liabilities
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910000 USD
CY2018Q2 us-gaap Derivative Liabilities
DerivativeLiabilities
207000 USD
CY2016 us-gaap Earnings Per Share Basic
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-2.83
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0.48
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0.31
CY2017 us-gaap Earnings Per Share Basic
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0.61
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0.48
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0.51
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0.62
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0.84
CY2018 us-gaap Earnings Per Share Basic
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2.45
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-2.83
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0.09
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0.48
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EarningsPerShareDiluted
0.30
CY2017 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.61
CY2017Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.48
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EarningsPerShareDiluted
0.50
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EarningsPerShareDiluted
0.61
CY2018Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.83
CY2018 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.42
CY2016 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
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-4835000 USD
CY2017 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-255000 USD
CY2018 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-2106000 USD
CY2016 us-gaap Effective Income Tax Rate Continuing Operations
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-0.127
CY2017 us-gaap Effective Income Tax Rate Continuing Operations
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0.365
CY2018 us-gaap Effective Income Tax Rate Continuing Operations
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0.254
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.35
CY2018 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.281
CY2018 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
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0.019
CY2017Q2 us-gaap Employee Related Liabilities Current
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CY2018Q2 us-gaap Employee Related Liabilities Current
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77161000 USD
CY2018 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
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1400000 USD
CY2017Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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129981000 USD
CY2018Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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145334000 USD
CY2018Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
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14100000 USD
CY2018Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
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12900000 USD
CY2018Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
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13100000 USD
CY2018Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
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13500000 USD
CY2018Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
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13900000 USD
CY2018Q2 us-gaap Foreign Currency Cash Flow Hedge Gain Loss To Be Reclassified During Next12 Months
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500000 USD
CY2016 us-gaap Foreign Currency Transaction Gain Loss Before Tax
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-1600000 USD
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6700000 USD
CY2018 us-gaap Foreign Currency Transaction Gain Loss Before Tax
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6400000 USD
CY2016 us-gaap Gain Loss On Sale Of Business
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-131463000 USD
CY2017 us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
0 USD
CY2018 us-gaap Gain Loss On Sale Of Business
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0 USD
CY2018 us-gaap Gain Loss On Sale Of Properties
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4700000 USD
CY2016Q2 us-gaap Goodwill
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298487000 USD
CY2017Q2 us-gaap Goodwill
Goodwill
301367000 USD
CY2018Q2 us-gaap Goodwill
Goodwill
301802000 USD
CY2018 us-gaap Goodwill And Intangible Asset Impairment
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0 USD
CY2016Q2 us-gaap Goodwill Gross
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1082540000 USD
CY2017Q2 us-gaap Goodwill Gross
GoodwillGross
1085420000 USD
CY2018Q2 us-gaap Goodwill Gross
GoodwillGross
1085855000 USD
CY2016Q2 us-gaap Goodwill Impaired Accumulated Impairment Loss
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784053000 USD
CY2017Q2 us-gaap Goodwill Impaired Accumulated Impairment Loss
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784053000 USD
CY2018Q2 us-gaap Goodwill Impaired Accumulated Impairment Loss
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784053000 USD
CY2017 us-gaap Goodwill Period Increase Decrease
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2880000 USD
CY2018 us-gaap Goodwill Period Increase Decrease
GoodwillPeriodIncreaseDecrease
435000 USD
CY2016 us-gaap Gross Profit
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616067000 USD
CY2016Q3 us-gaap Gross Profit
GrossProfit
143530000 USD
CY2016Q4 us-gaap Gross Profit
GrossProfit
147623000 USD
CY2017Q1 us-gaap Gross Profit
GrossProfit
186265000 USD
CY2017Q2 us-gaap Gross Profit
GrossProfit
180289000 USD
CY2017 us-gaap Gross Profit
GrossProfit
657707000 USD
CY2017Q3 us-gaap Gross Profit
GrossProfit
184993000 USD
CY2017Q4 us-gaap Gross Profit
GrossProfit
192545000 USD
CY2018Q1 us-gaap Gross Profit
GrossProfit
219461000 USD
CY2018Q2 us-gaap Gross Profit
GrossProfit
235294000 USD
CY2018 us-gaap Gross Profit
GrossProfit
832292000 USD
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-228667000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-23055000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
57109000 USD
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
30096000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
104930000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
217932000 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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-198571000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
81875000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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275041000 USD
CY2018Q2 us-gaap Income Tax Examination Penalties Accrued
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100000 USD
CY2016 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
25313000 USD
CY2017 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
29895000 USD
CY2018 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
69981000 USD
CY2016 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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84530000 USD
CY2017 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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5163000 USD
CY2018 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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-90817000 USD
CY2016 us-gaap Income Tax Reconciliation Deductions Qualified Production Activities
IncomeTaxReconciliationDeductionsQualifiedProductionActivities
2072000 USD
CY2017 us-gaap Income Tax Reconciliation Deductions Qualified Production Activities
IncomeTaxReconciliationDeductionsQualifiedProductionActivities
0 USD
CY2018 us-gaap Income Tax Reconciliation Deductions Qualified Production Activities
IncomeTaxReconciliationDeductionsQualifiedProductionActivities
0 USD
CY2016 us-gaap Income Tax Reconciliation Disposition Of Business
IncomeTaxReconciliationDispositionOfBusiness
27790000 USD
CY2017 us-gaap Income Tax Reconciliation Disposition Of Business
IncomeTaxReconciliationDispositionOfBusiness
0 USD
CY2018 us-gaap Income Tax Reconciliation Disposition Of Business
IncomeTaxReconciliationDispositionOfBusiness
0 USD
CY2016 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
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-25469000 USD
CY2017 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-11530000 USD
CY2018 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-9333000 USD
CY2016 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-69500000 USD
CY2017 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
28656000 USD
CY2018 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
77286000 USD
CY2016 us-gaap Income Tax Reconciliation Nondeductible Expense Impairment Losses
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6439000 USD
CY2017 us-gaap Income Tax Reconciliation Nondeductible Expense Impairment Losses
IncomeTaxReconciliationNondeductibleExpenseImpairmentLosses
0 USD
CY2018 us-gaap Income Tax Reconciliation Nondeductible Expense Impairment Losses
IncomeTaxReconciliationNondeductibleExpenseImpairmentLosses
0 USD
CY2016 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
1064000 USD
CY2017 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-466000 USD
CY2018 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
660000 USD
CY2016 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
859000 USD
CY2017 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-306000 USD
CY2018 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
2975000 USD
CY2016 us-gaap Income Tax Reconciliation Tax Credits Research
IncomeTaxReconciliationTaxCreditsResearch
4351000 USD
CY2017 us-gaap Income Tax Reconciliation Tax Credits Research
IncomeTaxReconciliationTaxCreditsResearch
1895000 USD
CY2018 us-gaap Income Tax Reconciliation Tax Credits Research
IncomeTaxReconciliationTaxCreditsResearch
3141000 USD
CY2016 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
43733000 USD
CY2017 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
16755000 USD
CY2018 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
35974000 USD
CY2016 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
991000 USD
CY2017 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
54554000 USD
CY2018 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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CY2018Q2 us-gaap Inventory Raw Materials And Supplies
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32100000 USD
CY2018Q2 us-gaap Inventory Valuation Reserves
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31300000 USD
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28600000 USD
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26300000 USD
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26600000 USD
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1695410000 USD
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300000000 USD
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300000000 USD
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9300000 USD
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13700000 USD
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15559000 USD
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5971000 USD
CY2017 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Tax
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CY2018 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Tax
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OtherComprehensiveIncomeLossBeforeTax
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OtherComprehensiveIncomeLossBeforeTax
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CY2017 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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15088000 USD
CY2016 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Net Of Tax
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CY2017 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Net Of Tax
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0 USD
CY2018 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax
0 USD
CY2016 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Tax
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0 USD
CY2016 us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
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CY2017 us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
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CY2018 us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
103000 USD
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CY2016 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Net Unamortized Gain Loss Arising During Period Before Tax
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18656000 USD
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2546000 USD
CY2017 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Before Tax
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CY2018 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Before Tax
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CY2016 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
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1563000 USD
CY2017 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
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CY2018 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
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CY2017 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Tax
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0 USD
CY2018 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Tax
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CY2016 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax
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CY2017 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax
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CY2018 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax
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CY2016 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax
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CY2017 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
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CY2018 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax
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CY2016 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax
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CY2017 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax
-760000 USD
CY2018 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax
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CY2016 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
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CY2017 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
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CY2018 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
1367000 USD
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CY2017 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
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CY2018 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
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CY2016 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
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CY2017 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-471000 USD
CY2018 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
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CY2016 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
94000 USD
CY2017 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
0 USD
CY2018 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
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24612000 USD
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OtherNonoperatingIncomeExpense
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CY2018 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
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13725000 USD
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58443000 USD
CY2018Q2 us-gaap Other Sundry Liabilities Current
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56893000 USD
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CY2017 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
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CY2018 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
225000 USD
CY2016 us-gaap Payments For Repurchase Of Common Stock
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295000 USD
CY2017 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
241000 USD
CY2018 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
217000 USD
CY2017 us-gaap Payments For Restructuring
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49763000 USD
CY2018 us-gaap Payments For Restructuring
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25416000 USD
CY2016 us-gaap Payments Of Dividends Common Stock
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63717000 USD
CY2017 us-gaap Payments Of Dividends Common Stock
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64128000 USD
CY2018 us-gaap Payments Of Dividends Common Stock
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65104000 USD
CY2016 us-gaap Payments Related To Tax Withholding For Share Based Compensation
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3200000 USD
CY2017 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
3100000 USD
CY2016 us-gaap Payments To Acquire Property Plant And Equipment
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110697000 USD
CY2017 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
118018000 USD
CY2018 us-gaap Payments To Acquire Property Plant And Equipment
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171004000 USD
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0.43
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0.40
CY2017Q2 us-gaap Preferred Stock No Par Value
PreferredStockNoParValue
0
CY2018Q2 us-gaap Preferred Stock No Par Value
PreferredStockNoParValue
0
CY2017Q2 us-gaap Preferred Stock Shares Authorized
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5000000 shares
CY2018Q2 us-gaap Preferred Stock Shares Authorized
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CY2018 us-gaap Nature Of Operations
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<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">NATURE OF OPERATIONS</font></div><div style="line-height:120%;padding-top:10px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Kennametal Inc. is a global leader in the development and application of tungsten carbides, ceramics, super-hard materials and solutions used in metal cutting and mission-critical wear applications to combat extreme conditions associated with wear fatigue, corrosion and high temperatures. The Company's reputation for material technology, metal cutting application knowledge, as well as expertise and innovation in the development of custom solutions and services, contributes to its leading position in its primary markets. </font></div><div style="line-height:120%;padding-top:10px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Our product offering includes a wide selection of standard and customized technologies for metalworking applications, such as turning, milling, hole making, tooling systems and services. End users of the Company's metalworking products include manufacturers engaged in a diverse array of industries including: the manufacturers of transportation vehicles and components, machine tools and light and heavy machinery; airframe and aerospace components; and energy-related components for the oil and gas industry, as well as power generation. </font></div><div style="line-height:120%;padding-top:10px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In addition, we produce specialized wear components and metallurgical powders that are used for custom-engineered and challenging applications. End users of these products include producers and suppliers in equipment-intensive operations such as coal mining, road construction, quarrying, oil and gas exploration, refining, production and supply.</font></div><div style="line-height:120%;padding-top:10px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Unless otherwise specified, any reference to a &#8220;year&#8221; is to a fiscal year ended June&#160;30. When used in this Annual Report on Form 10-K, unless the context requires otherwise, the terms &#8220;we,&#8221; &#8220;our&#8221; and &#8220;us&#8221; refer to Kennametal Inc. and its subsidiaries.</font></div></div>
CY2018 us-gaap Use Of Estimates
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<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:10px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">USE OF ESTIMATES IN THE PREPARATION OF FINANCIAL STATEMENTS</font><font style="font-family:inherit;font-size:10pt;"> In preparing our consolidated financial statements in conformity with accounting principles generally accepted in the United States of America (U.S. GAAP), we make judgments and estimates about the amounts reflected in our financial statements. As part of our financial reporting process, our management collaborates to determine the necessary information on which to base our judgments and develop estimates used to prepare the financial statements. We use historical experience and available information to make these judgments and estimates. However, different amounts could be reported using different assumptions and in light of different facts and circumstances. Therefore, actual amounts could differ from the estimates reflected in our financial statements. </font></div></div>

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