2017 Q1 Form 10-Q Financial Statement
#000143774917007469 Filed on April 28, 2017
Income Statement
| Concept | 2017 Q1 | 2016 Q1 |
|---|---|---|
| Revenue | $2.236B | $1.983B |
| YoY Change | 12.77% | 10.83% |
| Cost Of Revenue | $1.894B | $1.676B |
| YoY Change | 13.06% | 10.55% |
| Gross Profit | $341.7M | $307.2M |
| YoY Change | 11.22% | 12.37% |
| Gross Profit Margin | 15.28% | 15.49% |
| Selling, General & Admin | $242.8M | $219.1M |
| YoY Change | 10.8% | 14.35% |
| % of Gross Profit | 71.06% | 71.33% |
| Research & Development | ||
| YoY Change | ||
| % of Gross Profit | ||
| Depreciation & Amortization | $12.74M | $11.66M |
| YoY Change | 9.23% | 19.92% |
| % of Gross Profit | 3.73% | 3.8% |
| Operating Expenses | $242.8M | $219.1M |
| YoY Change | 10.8% | 14.35% |
| Operating Profit | $86.14M | $72.92M |
| YoY Change | 18.14% | 7.38% |
| Interest Expense | -$14.70M | -$11.40M |
| YoY Change | 28.95% | 20.0% |
| % of Operating Profit | -17.07% | -15.63% |
| Other Income/Expense, Net | $9.845M | -$1.526M |
| YoY Change | -745.15% | 314.67% |
| Pretax Income | $81.26M | $60.02M |
| YoY Change | 35.39% | 3.38% |
| Income Tax | $30.54M | $19.75M |
| % Of Pretax Income | 37.58% | 32.91% |
| Net Earnings | $50.73M | $40.27M |
| YoY Change | 25.97% | -0.94% |
| Net Earnings / Revenue | 2.27% | 2.03% |
| Basic Earnings Per Share | $2.01 | $1.56 |
| Diluted Earnings Per Share | $2.01 | $1.55 |
| COMMON SHARES | ||
| Basic Shares Outstanding | 25.18M shares | 25.82M |
| Diluted Shares Outstanding | 25.25M shares | 25.97M |
Balance Sheet
| Concept | 2017 Q1 | 2016 Q1 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $31.40M | $21.60M |
| YoY Change | 45.37% | 2.86% |
| Cash & Equivalents | $31.44M | $21.56M |
| Short-Term Investments | ||
| Other Short-Term Assets | $48.25M | $50.47M |
| YoY Change | -4.41% | 38.28% |
| Inventory | $1.812B | $1.541B |
| Prepaid Expenses | ||
| Receivables | $341.6M | $286.3M |
| Other Receivables | $0.00 | $0.00 |
| Total Short-Term Assets | $2.233B | $1.899B |
| YoY Change | 17.59% | 16.19% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $1.010B | $882.4M |
| YoY Change | 14.52% | 6.48% |
| Goodwill | $259.4M | $213.9M |
| YoY Change | 21.25% | 7.35% |
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | ||
| YoY Change | ||
| Other Assets | $114.3M | $110.2M |
| YoY Change | 3.72% | -0.45% |
| Total Long-Term Assets | $1.568B | $1.368B |
| YoY Change | 14.64% | 6.1% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $2.233B | $1.899B |
| Total Long-Term Assets | $1.568B | $1.368B |
| Total Assets | $3.802B | $3.268B |
| YoY Change | 16.35% | 11.74% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $80.02M | $78.25M |
| YoY Change | 2.26% | 2.29% |
| Accrued Expenses | $241.6M | $179.1M |
| YoY Change | 34.88% | 16.63% |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $1.600B | $1.353B |
| YoY Change | 18.31% | 17.05% |
| Long-Term Debt Due | $17.90M | $33.70M |
| YoY Change | -46.88% | -16.79% |
| Total Short-Term Liabilities | $1.940B | $1.644B |
| YoY Change | 18.02% | 14.69% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $666.1M | $595.7M |
| YoY Change | 11.82% | -4.21% |
| Other Long-Term Liabilities | $100.3M | $84.38M |
| YoY Change | 18.87% | -29.63% |
| Total Long-Term Liabilities | $100.3M | $84.38M |
| YoY Change | 18.87% | -88.63% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $1.940B | $1.644B |
| Total Long-Term Liabilities | $100.3M | $84.38M |
| Total Liabilities | $2.852B | $2.453B |
| YoY Change | 16.26% | 10.67% |
| SHAREHOLDERS EQUITY | ||
| Retained Earnings | $748.4M | $566.0M |
| YoY Change | 32.23% | |
| Common Stock | $37.71M | $34.87M |
| YoY Change | 8.17% | |
| Preferred Stock | ||
| YoY Change | ||
| Treasury Stock (at cost) | ||
| YoY Change | ||
| Treasury Stock Shares | ||
| Shareholders Equity | $950.2M | $814.7M |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $3.802B | $3.268B |
| YoY Change | 16.35% | 11.74% |
Cashflow Statement
| Concept | 2017 Q1 | 2016 Q1 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | $50.73M | $40.27M |
| YoY Change | 25.97% | -0.94% |
| Depreciation, Depletion And Amortization | $12.74M | $11.66M |
| YoY Change | 9.23% | 19.92% |
| Cash From Operating Activities | $126.7M | $34.59M |
| YoY Change | 266.18% | -9.51% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | $16.04M | $15.90M |
| YoY Change | 0.87% | -36.19% |
| Acquisitions | $0.00 | $13.80M |
| YoY Change | -100.0% | |
| Other Investing Activities | -$6.500M | -$13.30M |
| YoY Change | -51.13% | 121.67% |
| Cash From Investing Activities | -$22.50M | -$29.23M |
| YoY Change | -23.02% | -5.51% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | $6.292M | $5.151M |
| YoY Change | 22.15% | 22.18% |
| Common Stock Issuance & Retirement, Net | $7.665M | $56.27M |
| YoY Change | -86.38% | 504.82% |
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | -$123.0M | -28.81M |
| YoY Change | 327.01% | 78.2% |
| NET CHANGE | ||
| Cash From Operating Activities | $126.7M | 34.59M |
| Cash From Investing Activities | -$22.50M | -29.23M |
| Cash From Financing Activities | -$123.0M | -28.81M |
| Net Change In Cash | -$18.84M | -23.45M |
| YoY Change | -19.65% | 164.21% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | $126.7M | $34.59M |
| Capital Expenditures | $16.04M | $15.90M |
| Free Cash Flow | $110.6M | $18.69M |
| YoY Change | 491.85% | 40.42% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2017Q1 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
80022000 | |
| CY2017Q1 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
341591000 | |
| CY2016Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
417714000 | |
| CY2017Q1 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
241639000 | |
| CY2017Q1 | lad |
Floor Plan Notes Payable
FloorPlanNotesPayable
|
97031000 | |
| CY2016Q4 | lad |
Floor Plan Notes Payable
FloorPlanNotesPayable
|
94602000 | |
| CY2016Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
211109000 | |
| CY2017Q1 | lad |
Floor Plan Notes Payable Non Trade
FloorPlanNotesPayableNonTrade
|
1503257000 | |
| CY2016Q4 | lad |
Floor Plan Notes Payable Non Trade
FloorPlanNotesPayableNonTrade
|
1506895000 | |
| CY2017Q1 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
175231000 | |
| CY2016Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
167300000 | |
| CY2017Q1 | lad |
Increase Decrease In Vehicle Floor Plan Payable Non Trade Net
IncreaseDecreaseInVehicleFloorPlanPayableNonTradeNet
|
-2110000 | |
| CY2017Q1 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
37714000 | |
| CY2016Q1 | lad |
Increase Decrease In Vehicle Floor Plan Payable Non Trade Net
IncreaseDecreaseInVehicleFloorPlanPayableNonTradeNet
|
38626000 | |
| CY2017Q1 | lad |
Increase Decrease In Vehicle Floor Plan Payable Trade Net
IncreaseDecreaseInVehicleFloorPlanPayableTradeNet
|
-2429000 | |
| CY2016Q1 | lad |
Increase Decrease In Vehicle Floor Plan Payable Trade Net
IncreaseDecreaseInVehicleFloorPlanPayableTradeNet
|
-7753000 | |
| CY2016Q4 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
41225000 | |
| CY2017Q1 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
4953000 | |
| CY2016Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
88423000 | |
| CY2017Q1 | us-gaap |
Accounts Receivable Gross
AccountsReceivableGross
|
396989000 | |
| CY2016Q4 | us-gaap |
Accounts Receivable Gross
AccountsReceivableGross
|
473300000 | |
| CY2017Q1 | us-gaap |
Accounts Receivable Gross Noncurrent
AccountsReceivableGrossNoncurrent
|
50445000 | |
| CY2016Q4 | us-gaap |
Accounts Receivable Gross Noncurrent
AccountsReceivableGrossNoncurrent
|
50305000 | |
| CY2016Q1 | lad |
Floor Plan Interest Expense
FloorPlanInterestExpense
|
5909000 | |
| CY2016Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
5281000 | |
| CY2017Q1 | lad |
Floor Plan Interest Expense
FloorPlanInterestExpense
|
8052000 | |
| CY2017Q1 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
4953000 | |
| CY2016Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
5281000 | |
| CY2017Q1 | us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
||
| CY2016Q1 | us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
3498000 | |
| CY2017Q1 | us-gaap |
Assets
Assets
|
3801964000 | |
| CY2016Q4 | us-gaap |
Assets
Assets
|
3844150000 | |
| CY2017Q1 | us-gaap |
Assets Current
AssetsCurrent
|
2233496000 | |
| CY2017Q1 | us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
-279000 | |
| CY2016Q1 | us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
3391000 | |
| CY2015Q4 | us-gaap |
Goodwill
Goodwill
|
213220000 | |
| CY2016Q4 | us-gaap |
Assets Current
AssetsCurrent
|
2287194000 | |
| CY2016Q4 | us-gaap |
Goodwill
Goodwill
|
259399000 | |
| CY2017Q1 | us-gaap |
Goodwill
Goodwill
|
259399000 | |
| CY2016 | us-gaap |
Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
|
47397000 | |
| CY2017Q1 | us-gaap |
Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
|
||
| CY2017Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
31440000 | |
| CY2016Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
50282000 | |
| CY2008Q4 | us-gaap |
Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
|
299300000 | |
| CY2016 | us-gaap |
Goodwill Written Off Related To Sale Of Business Unit
GoodwillWrittenOffRelatedToSaleOfBusinessUnit
|
1218000 | |
| CY2015Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
45008000 | |
| CY2016Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
21559000 | |
| CY2017Q1 | us-gaap |
Goodwill Written Off Related To Sale Of Business Unit
GoodwillWrittenOffRelatedToSaleOfBusinessUnit
|
||
| CY2017Q1 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashAndCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
-18842000 | |
| CY2017Q1 | us-gaap |
Gross Profit
GrossProfit
|
341652000 | |
| CY2016Q1 | us-gaap |
Gross Profit
GrossProfit
|
307182000 | |
| CY2016Q1 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashAndCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
-23449000 | |
| CY2017Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
81263000 | |
| CY2017Q1 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.25 | |
| CY2016Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
60021000 | |
| CY2017Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
30536000 | |
| CY2016Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
19751000 | |
| CY2017Q1 | us-gaap |
Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
|
||
| CY2016Q1 | us-gaap |
Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
|
1087000 | |
| CY2016Q1 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.20 | |
| CY2017Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
50727000 | |
| CY2016Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
40433000 | |
| CY2017Q1 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
1894449000 | |
| CY2016Q1 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
1675679000 | |
| CY2017Q1 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-417000 | |
| CY2016Q1 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
10261000 | |
| CY2017Q1 | us-gaap |
Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
|
86840000 | |
| CY2016Q4 | us-gaap |
Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
|
81929000 | |
| CY2017Q1 | us-gaap |
Deferred Tax Liabilities Current
DeferredTaxLiabilitiesCurrent
|
58658000 | |
| CY2016Q4 | us-gaap |
Deferred Tax Liabilities Current
DeferredTaxLiabilitiesCurrent
|
59075000 | |
| CY2017Q1 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
12739000 | |
| CY2016Q1 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
11663000 | |
| CY2017Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
12739000 | |
| CY2016Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
11663000 | |
| CY2017Q1 | us-gaap |
Description Of New Accounting Pronouncements Not Yet Adopted
DescriptionOfNewAccountingPronouncementsNotYetAdopted
|
<div style="display: inline; font-family: times new roman; font-size: 10pt"><div style=" TEXT-ALIGN: justify; MARGIN: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; text-decoration: underline;"><div style="display: inline; font-weight: bold;">Note <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">11.</div> Recent Accounting Pronouncements</div></div></div></div> <div style=" TEXT-ALIGN: justify; MARGIN: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">In <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> May</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2014,</div> the Financial Accounting Standards Board ("FASB") issued accounting standards update ("ASU") <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2014</div>-<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">09,</div> "Revenue from Contracts with Customers," which amends the accounting guidance related to revenues. This amendment will replace most of the existing revenue recognition guidance when it becomes effective. The new standard, as amended in <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> July</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2015,</div> is effective for fiscal years beginning after <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> December</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">15,</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2017</div> and entities are allowed to adopt the standard as early as annual periods beginning after <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> December</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">15,</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2016,</div> and interim periods therein. The standard permits the use of either the retrospective or cumulative effect transition method. We have evaluated the effect this amendment will have on our most significant types of transactions and expect the timing of our revenue recognition to generally remain the same. We plan to apply a cumulative effect transition method when we adopt this standard.</div></div> <div style=" TEXT-ALIGN: justify; MARGIN: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"> </div></div> <div style=" TEXT-ALIGN: justify; MARGIN: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">In <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> February</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2016,</div> the FASB issued ASU <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2016</div>-<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">02,</div> "Leases." ASU <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2016</div>-<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">02</div> increases transparency and comparability among organizations by recognizing lease assets and lease liabilities on the balance sheet and requires disclosing key information about leasing arrangements. ASU <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2016</div>-<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">02</div> is effective for annual periods beginning after <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> December</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">15,</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2018,</div> and interim periods within those annual periods. We are evaluating the effect this pronouncement will have on our consolidated financial statements and related disclosures.</div></div> <div style=" TEXT-ALIGN: justify; MARGIN: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"> </div></div> <div style=" TEXT-ALIGN: justify; MARGIN: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">In <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> March</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2016,</div> the FASB issued ASU <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2016</div>-<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">09,</div> "Compensation - Stock Compensation - Improvements to Employee Share-Based Payment Accounting." ASU <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2016</div>-<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">09</div> simplifies the accounting for several aspects of share-based payment transactions, including the income tax consequences, classification of awards as either equity or liabilities and classification on the statement of cash flows. In <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> January</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2017,</div> we adopted this new guidance. As a result, we recorded the following:</div></div> <table style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 100%; TEXT-INDENT: 0px;" cellspacing="0" cellpadding="0" border="0"> <tr> <td style="WIDTH: 18pt"> </td> <td style="VERTICAL-ALIGN: top; WIDTH: 18pt"> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: justify; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">• </div></div></td> <td style="VERTICAL-ALIGN: top"> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: justify; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Reclassified <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">$0.2</div></div> million as a decrease to additional paid-in capital and an increase to retained earnings related to our policy election to record forfeitures as they occur. </div></div></td> </tr> </table> <table style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 100%; TEXT-INDENT: 0px;" cellspacing="0" cellpadding="0" border="0"> <tr> <td style="WIDTH: 18pt"> </td> <td style="VERTICAL-ALIGN: top; WIDTH: 18pt"> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: justify; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">• </div></div></td> <td style="VERTICAL-ALIGN: top"> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: justify; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">All prior periods presented in our Consolidated Statements of Cash Flow have been adjusted for the presentation of excess tax benefits on the cash flow statement. This reclassification resulted in a <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">$4.4</div> million reclassification between financing and operating cash flows.</div></div></td> </tr> </table> <table style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif; WIDTH: 100%; TEXT-INDENT: 0px;" cellspacing="0" cellpadding="0" border="0"> <tr> <td style="WIDTH: 18pt"> </td> <td style="VERTICAL-ALIGN: top; WIDTH: 18pt"> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: justify; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">• </div></div></td> <td style="VERTICAL-ALIGN: top"> <div style=" MARGIN-BOTTOM: 0pt; TEXT-ALIGN: justify; MARGIN-TOP: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">We had <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"><div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">$0.3</div></div> million of tax-effected state net operating loss carryforwards related to excess tax benefits for which a deferred tax asset has not been recognized. At adoption, this amount was recorded with the offset to retained earnings. Additionally, we do not believe that it is more-likely-than-not that the asset will be utilized and, as a result, a valuation allowance in the same amount was recorded, that offset the impact to retained earnings. </div></div></td> </tr> </table> <div style=" TEXT-ALIGN: justify; MARGIN: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"> </div></div> <div style=" TEXT-ALIGN: justify; MARGIN: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">In <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> August</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2016,</div> the FASB issued ASU <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2016</div>-<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">15,</div> "Classification of Certain Cash Receipts and Cash Payments." ASU <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2016</div>-<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">15</div> provides guidance for <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">eight</div> cash flow classification issues to reduce diversity in practice. The clarification includes guidance on items such as debt prepayment or debt extinguishment cost, contingent consideration payment made after a business combination, proceeds from the settlement of insurance claims, proceeds from the settlement of corporate-owned life insurance policies and distributions received from equity method investees. ASU <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2016</div>-<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">15</div> is effective for annual periods beginning after <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> December</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">15,</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2017,</div> and interim periods within those annual periods. Early adoption is permitted. We are evaluating the effect this pronouncement will have on our consolidated financial statements and related disclosures.</div></div> <div style=" MARGIN-BOTTOM: 0px; MARGIN-TOP: 0px"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"> </div></div> <div style=" MARGIN-BOTTOM: 0px; MARGIN-TOP: 0px"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"></div><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"></div></div> <div style=" TEXT-ALIGN: justify; MARGIN: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">In <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> January</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2017,</div> the FASB issued ASU <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2017</div>-<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">04,</div> "Intangibles - Goodwill and Other (Topic <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">350)</div> - Simplifying the Test for Goodwill Impairment." ASU <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2017</div>-<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">04</div> simplifies the subsequent measurement of goodwill by eliminating Step <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2</div> from the goodwill impairment test. Under the updated standard, an entity should perform its goodwill impairment test by comparing the fair value of a reporting unit with its carrying amount, and recognize an impairment charge for the amount by which the carrying amount exceeds the reporting unit's fair value, if applicable. The loss recognized should not exceed the total amount of goodwill allocated to the reporting unit. The same impairment test also applies to any reporting unit with a <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">zero</div> or negative carrying amount. An entity still has the option to perform the qualitative assessment for a reporting unit to determine if the quantitative impairment test is necessary. ASU <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2017</div>-<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">04</div> is effective for fiscal years, including interim periods within those fiscal years, beginning after <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> December</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">15,</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2019,</div> on a prospective basis. Early adoption is permitted for interim or annual goodwill impairment tests performed after <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> January</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">1,</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2017.</div> We do not expect the adoption of ASU <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2017</div>-<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">04</div> to have a material effect on our financial position, results of operations or cash flows.</div></div></div> | |
| CY2017Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
2.01 | |
| CY2016Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.56 | |
| CY2017Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
2.01 | |
| CY2016Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.55 | |
| CY2017Q1 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
8000 | |
| CY2017Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-22503000 | |
| CY2016Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-29234000 | |
| CY2017Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
126674000 | |
| CY2016Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
39016000 | |
| CY2017Q1 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-7617000 | |
| CY2016Q1 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
920000 | |
| CY2016Q1 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
497000 | |
| CY2017Q1 | us-gaap |
Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
|
-76123000 | |
| CY2016Q1 | us-gaap |
Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
|
-25564000 | |
| CY2017Q1 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
31116000 | |
| CY2016Q1 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
13425000 | |
| CY2017Q1 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
42298000 | |
| CY2016Q1 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
73744000 | |
| CY2017Q1 | us-gaap |
Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
|
3776000 | |
| CY2016Q1 | us-gaap |
Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
|
4661000 | |
| CY2017Q1 | us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
4750000 | |
| CY2016Q1 | us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
5396000 | |
| CY2015Q4 | us-gaap |
Indefinite Lived Franchise Rights
IndefiniteLivedFranchiseRights
|
157699000 | |
| CY2016Q4 | us-gaap |
Indefinite Lived Franchise Rights
IndefiniteLivedFranchiseRights
|
184268000 | |
| CY2017Q1 | us-gaap |
Indefinite Lived Franchise Rights
IndefiniteLivedFranchiseRights
|
184268000 | |
| CY2016 | us-gaap |
Indefinite Lived Intangible Assets Written Off Related To Sale Of Business Unit
IndefiniteLivedIntangibleAssetsWrittenOffRelatedToSaleOfBusinessUnit
|
518000 | |
| CY2017Q1 | us-gaap |
Indefinite Lived Intangible Assets Written Off Related To Sale Of Business Unit
IndefiniteLivedIntangibleAssetsWrittenOffRelatedToSaleOfBusinessUnit
|
||
| CY2016 | us-gaap |
Indefinitelived Intangible Assets Acquired
IndefinitelivedIntangibleAssetsAcquired
|
27087000 | |
| CY2017Q1 | us-gaap |
Indefinitelived Intangible Assets Acquired
IndefinitelivedIntangibleAssetsAcquired
|
||
| CY2017Q1 | us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
6671000 | |
| CY2016Q1 | us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
5459000 | |
| CY2017Q1 | us-gaap |
Interest Paid
InterestPaid
|
17261000 | |
| CY2016Q1 | us-gaap |
Interest Paid
InterestPaid
|
12990000 | |
| CY2017Q1 | us-gaap |
Inventory Net
InventoryNet
|
1812217000 | |
| CY2016Q4 | us-gaap |
Inventory Net
InventoryNet
|
1772587000 | |
| CY2017Q1 | us-gaap |
Liabilities
Liabilities
|
2851798000 | |
| CY2016Q4 | us-gaap |
Liabilities
Liabilities
|
2933374000 | |
| CY2017Q1 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
3801964000 | |
| CY2016Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
3844150000 | |
| CY2017Q1 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
1939866000 | |
| CY2016Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
1921994000 | |
| CY2017Q1 | us-gaap |
Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
|
666135000 | |
| CY2016Q4 | us-gaap |
Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
|
769916000 | |
| CY2017Q1 | us-gaap |
Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
|
17917000 | |
| CY2016Q4 | us-gaap |
Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
|
20965000 | |
| CY2017Q1 | us-gaap |
Long Term Debt Fair Value
LongTermDebtFairValue
|
299623000 | |
| CY2016Q4 | us-gaap |
Long Term Debt Fair Value
LongTermDebtFairValue
|
293522000 | |
| CY2017Q1 | us-gaap |
Longterm Debt Percentage Bearing Fixed Interest Amount
LongtermDebtPercentageBearingFixedInterestAmount
|
296539000 | |
| CY2016Q4 | us-gaap |
Longterm Debt Percentage Bearing Fixed Interest Amount
LongtermDebtPercentageBearingFixedInterestAmount
|
286660000 | |
| CY2017Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
-123013000 | |
| CY2016Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
-33231000 | |
| CY2017Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
50727000 | |
| CY2016Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
40270000 | |
| CY2017Q1 | us-gaap |
Notes Reduction
NotesReduction
|
||
| CY2016Q1 | us-gaap |
Notes Reduction
NotesReduction
|
5284000 | |
| CY2017Q1 | us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
3 | |
| CY2017Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
86141000 | |
| CY2016Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
72915000 | |
| CY2017Q1 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
48248000 | |
| CY2016Q4 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
46611000 | |
| CY2017Q1 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
114305000 | |
| CY2016Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
107159000 | |
| CY2017Q1 | us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
||
| CY2016Q1 | us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
163000 | |
| CY2017Q1 | us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
|
0 | |
| CY2016Q1 | us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
|
103000 | |
| CY2017Q1 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
100299000 | |
| CY2016Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
100460000 | |
| CY2017Q1 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
9845000 | |
| CY2016Q1 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-1526000 | |
| CY2017Q1 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
9188000 | |
| CY2016Q1 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
57736000 | |
| CY2017Q1 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
6292000 | |
| CY2016Q1 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
5151000 | |
| CY2017Q1 | us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
||
| CY2016Q1 | us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
13799000 | |
| CY2017Q1 | us-gaap |
Payments To Acquire Other Investments
PaymentsToAcquireOtherInvestments
|
6863000 | |
| CY2016Q1 | us-gaap |
Payments To Acquire Other Investments
PaymentsToAcquireOtherInvestments
|
11449000 | |
| CY2017Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
16039000 | |
| CY2016Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
15900000 | |
| CY2017Q1 | us-gaap |
Preferred Stock No Par Value
PreferredStockNoParValue
|
0 | |
| CY2016Q4 | us-gaap |
Preferred Stock No Par Value
PreferredStockNoParValue
|
0 | |
| CY2017Q1 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
15000000 | |
| CY2016Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
15000000 | |
| CY2017Q1 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | |
| CY2016Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | |
| CY2017Q1 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | |
| CY2016Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | |
| CY2017Q1 | us-gaap |
Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
|
<div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style=" TEXT-ALIGN: justify; MARGIN: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">Reclassifications</div></div></div> <div style=" TEXT-ALIGN: justify; MARGIN: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Certain reclassifications of amounts previously reported have been made to the accompanying condensed Consolidated Financial Statements to maintain consistency and comparability between periods presented. This reclassification was related to our adoption of ASU <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2016</div>-<div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">09,</div> "Compensation - Stock Compensation - Improvements to Employee Share-Based Payment Accounting." Specifically, we reclassified the presentation of excess tax benefits on our Consolidated Statements of Cash Flows and recorded reclassifications between additional paid-in capital and retained earnings. See also Note <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">11.</div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div> | |
| CY2017Q1 | us-gaap |
Proceeds From Divestiture Of Businesses Net Of Cash Divested
ProceedsFromDivestitureOfBusinessesNetOfCashDivested
|
||
| CY2016Q1 | us-gaap |
Proceeds From Divestiture Of Businesses Net Of Cash Divested
ProceedsFromDivestitureOfBusinessesNetOfCashDivested
|
11822000 | |
| CY2017Q1 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
1523000 | |
| CY2016Q1 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
1464000 | |
| CY2017Q1 | us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
27878000 | |
| CY2016Q1 | us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
12080000 | |
| CY2017Q1 | us-gaap |
Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
|
231000000 | |
| CY2016Q1 | us-gaap |
Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
|
213123000 | |
| CY2017Q1 | us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
399000 | |
| CY2016Q1 | us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
92000 | |
| CY2017Q1 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
1010496000 | |
| CY2016Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
1006130000 | |
| CY2017Q1 | us-gaap |
Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
|
351433000 | |
| CY2016Q1 | us-gaap |
Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
|
229311000 | |
| CY2017Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
748423000 | |
| CY2016Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
703820000 | |
| CY2017Q1 | us-gaap |
Revenues
Revenues
|
2236101000 | |
| CY2016Q1 | us-gaap |
Revenues
Revenues
|
1982861000 | |
| CY2017Q1 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
242772000 | |
| CY2016Q1 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
219106000 | |
| CY2017Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
2619000 | |
| CY2016Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
3149000 | |
| CY2017Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
950166000 | |
| CY2016Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
910776000 | |
| CY2017Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
25250000 | |
| CY2016Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
25973000 | |
| CY2017Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
25180000 | |
| CY2016Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
25816000 |
