2017 Q1 Form 10-Q Financial Statement

#000103297517000005 Filed on February 06, 2017

View on sec.gov

Income Statement

Concept 2017 Q1 2016 Q4 2015 Q4
Revenue $510.6M $666.7M $621.1M
YoY Change 18.52% 7.35% 2.77%
Cost Of Revenue $312.8M $418.0M $412.6M
YoY Change 8.35% 1.32% 5.33%
Gross Profit $197.8M $246.8M $208.5M
YoY Change 39.2% 18.35% -1.93%
Gross Profit Margin 38.74% 37.01% 33.57%
Selling, General & Admin $124.6M $126.6M $111.4M
YoY Change 23.73% 13.7% -3.7%
% of Gross Profit 62.99% 51.32% 53.42%
Research & Development $33.70M $32.28M $29.16M
YoY Change 23.44% 10.71% 6.44%
% of Gross Profit 17.04% 13.08% 13.99%
Depreciation & Amortization $11.40M $11.60M $15.00M
YoY Change -21.92% -22.67% -59.68%
% of Gross Profit 5.76% 4.7% 7.19%
Operating Expenses $161.3M $150.5M $140.0M
YoY Change 26.02% 7.5% -2.15%
Operating Profit $36.50M $96.28M $68.52M
YoY Change 158.87% 40.52% -1.49%
Interest Expense $2.100M $202.0K $105.0K
YoY Change -30.0% 92.38% -53.13%
% of Operating Profit 5.75% 0.21% 0.15%
Other Income/Expense, Net -$200.0K $2.634M $862.0K
YoY Change 100.0% 205.57% -132.07%
Pretax Income $38.20M $99.11M $69.48M
YoY Change 191.6% 42.64% 3.57%
Income Tax -$1.200M $1.647M $1.442M
% Of Pretax Income -3.14% 1.66% 2.08%
Net Earnings $39.40M $97.50M $65.10M
YoY Change 37.28% 49.77% 3.66%
Net Earnings / Revenue 7.72% 14.62% 10.48%
Basic Earnings Per Share $0.60 $0.40
Diluted Earnings Per Share $236.6K $0.59 $0.39
COMMON SHARES
Basic Shares Outstanding 161.7M shares 162.0M shares 162.7M shares
Diluted Shares Outstanding 165.9M shares 165.2M shares

Balance Sheet

Concept 2017 Q1 2016 Q4 2015 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $547.5M $513.6M $505.1M
YoY Change 5.45% 1.68% -2.23%
Cash & Equivalents $547.5M $513.6M $505.1M
Short-Term Investments
Other Short-Term Assets $41.73M $43.34M $71.66M
YoY Change 17.59% -39.52% 9.22%
Inventory $253.4M $250.3M $240.0M
Prepaid Expenses
Receivables $185.2M $277.7M $284.1M
Other Receivables -$186.8M -$228.5M -$211.7M
Total Short-Term Assets $1.028B $1.085B $1.130B
YoY Change 10.97% -3.97% -0.45%
LONG-TERM ASSETS
Property, Plant & Equipment $85.41M $84.19M $99.15M
YoY Change -8.02% -15.08% 9.22%
Goodwill $249.7M $249.7M $218.2M
YoY Change 14.44% 14.45% -36.47%
Intangibles $47.56M
YoY Change
Long-Term Investments $25.80M $25.20M $15.30M
YoY Change 7.05% 64.71%
Other Assets $88.12M $85.73M $57.27M
YoY Change 1.5% 49.69% -14.53%
Total Long-Term Assets $470.8M $470.0M $380.1M
YoY Change 18.33% 23.63% -24.57%
TOTAL ASSETS
Total Short-Term Assets $1.028B $1.085B $1.130B
Total Long-Term Assets $470.8M $470.0M $380.1M
Total Assets $1.499B $1.555B $1.510B
YoY Change 13.18% 2.98% -7.87%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $274.8M $358.2M $363.8M
YoY Change 13.95% -1.54% 3.84%
Accrued Expenses $232.3M $248.0M $211.2M
YoY Change 33.67% 17.4% -5.98%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $507.1M $606.2M $609.6M
YoY Change 22.21% -0.57% 6.03%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $83.69M $91.71M $85.35M
YoY Change -6.53% 7.45% -8.68%
Total Long-Term Liabilities $83.69M $91.71M $85.35M
YoY Change -6.53% 7.45% -8.68%
TOTAL LIABILITIES
Total Short-Term Liabilities $507.1M $606.2M $609.6M
Total Long-Term Liabilities $83.69M $91.71M $85.35M
Total Liabilities $642.6M $753.4M $772.9M
YoY Change 13.89% -2.52% 3.35%
SHAREHOLDERS EQUITY
Retained Earnings $1.074B $1.035B $934.9M
YoY Change 11.47% 10.68% -10.39%
Common Stock $69.87M $16.34M $2.352M
YoY Change 40.05% 594.56%
Preferred Stock
YoY Change
Treasury Stock (at cost) $174.0M $167.3M $114.7M
YoY Change 35.54% 45.85% 22.49%
Treasury Stock Shares 10.73M shares 11.30M shares 10.18M shares
Shareholders Equity $856.1M $801.4M $736.9M
YoY Change
Total Liabilities & Shareholders Equity $1.499B $1.555B $1.510B
YoY Change 13.18% 2.98% -7.87%

Cashflow Statement

Concept 2017 Q1 2016 Q4 2015 Q4
OPERATING ACTIVITIES
Net Income $39.40M $97.50M $65.10M
YoY Change 37.28% 49.77% 3.66%
Depreciation, Depletion And Amortization $11.40M $11.60M $15.00M
YoY Change -21.92% -22.67% -59.68%
Cash From Operating Activities $47.80M $152.8M $165.7M
YoY Change 38.95% -7.79% 20.86%
INVESTING ACTIVITIES
Capital Expenditures -$8.400M -$8.600M -$19.10M
YoY Change 35.48% -54.97% -45.11%
Acquisitions
YoY Change
Other Investing Activities -$300.0K -$200.0K -$1.500M
YoY Change -86.96% -86.67% -31.82%
Cash From Investing Activities -$8.800M -$8.700M -$20.70M
YoY Change 4.76% -57.97% -43.9%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -6.100M -21.20M 600.0K
YoY Change -66.85% -3633.33% -101.27%
NET CHANGE
Cash From Operating Activities 47.80M 152.8M 165.7M
Cash From Investing Activities -8.800M -8.700M -20.70M
Cash From Financing Activities -6.100M -21.20M 600.0K
Net Change In Cash 32.90M 122.9M 145.6M
YoY Change 332.89% -15.59% 175.76%
FREE CASH FLOW
Cash From Operating Activities $47.80M $152.8M $165.7M
Capital Expenditures -$8.400M -$8.600M -$19.10M
Free Cash Flow $56.20M $161.4M $184.8M
YoY Change 38.42% -12.66% 7.5%

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0 USD
CY2016Q4 us-gaap Disposal Group Including Discontinued Operation Cash And Cash Equivalents
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0 USD
us-gaap Dividends Common Stock Cash
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85915000 USD
us-gaap Dividends Common Stock Cash
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93093000 USD
CY2015Q4 us-gaap Earnings Per Share Basic
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0.40
us-gaap Earnings Per Share Basic
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0.55
CY2016Q4 us-gaap Earnings Per Share Basic
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0.60
us-gaap Earnings Per Share Basic
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1.03
CY2015Q4 us-gaap Earnings Per Share Diluted
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0.39
us-gaap Earnings Per Share Diluted
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0.55
CY2016Q4 us-gaap Earnings Per Share Diluted
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0.59
us-gaap Earnings Per Share Diluted
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1.01
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
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-1205000 USD
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
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-6468000 USD
CY2015Q4 us-gaap Effective Income Tax Rate Continuing Operations
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0.021
us-gaap Effective Income Tax Rate Continuing Operations
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0.059
CY2016Q4 us-gaap Effective Income Tax Rate Continuing Operations
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0.017
us-gaap Effective Income Tax Rate Continuing Operations
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0.058
CY2016Q1 us-gaap Employee Related Liabilities Current
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CY2016Q4 us-gaap Employee Related Liabilities Current
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83645000 USD
us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
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500000 USD
us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
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600000 USD
CY2015Q4 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
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1446000 USD
us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
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2479000 USD
CY2016Q4 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
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2391000 USD
us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
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6092000 USD
us-gaap Equity Method Investment Realized Gain Loss On Disposal
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us-gaap Equity Method Investment Realized Gain Loss On Disposal
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547000 USD
us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
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2089000 USD
us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
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6357000 USD
us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
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2089000 USD
us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
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6357000 USD
CY2015Q4 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
24080000 USD
us-gaap General And Administrative Expense
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77966000 USD
CY2015Q4 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-2954000 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-20732000 USD
CY2016Q4 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
0 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
0 USD
CY2015Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1442000 USD
us-gaap Increase Decrease In Accrued Liabilities
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39244000 USD
us-gaap Increase Decrease In Accrued Liabilities
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71549000 USD
us-gaap Increase Decrease In Inventories
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-18066000 USD
us-gaap Increase Decrease In Inventories
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15194000 USD
CY2016Q4 us-gaap General And Administrative Expense
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24631000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
75587000 USD
CY2016Q1 us-gaap Goodwill
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218224000 USD
CY2016Q4 us-gaap Goodwill
Goodwill
249721000 USD
us-gaap Goodwill Acquired During Period
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31553000 USD
us-gaap Goodwill Foreign Currency Translation Gain Loss
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-56000 USD
CY2015Q4 us-gaap Gross Profit
GrossProfit
208497000 USD
us-gaap Gross Profit
GrossProfit
538947000 USD
CY2016Q4 us-gaap Gross Profit
GrossProfit
246763000 USD
us-gaap Gross Profit
GrossProfit
622262000 USD
CY2015Q4 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0 USD
us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0 USD
CY2016Q4 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0 USD
us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0 USD
CY2015Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
69482000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
118358000 USD
CY2016Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
99112000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
176748000 USD
CY2015Q4 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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68040000 USD
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
111352000 USD
CY2016Q4 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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97465000 USD
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
166451000 USD
CY2015Q4 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.42
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.68
CY2016Q4 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.60
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
1.03
CY2015Q4 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.41
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.67
CY2016Q4 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.59
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
1.01
us-gaap Income Tax Expense Benefit
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7006000 USD
CY2016Q4 us-gaap Income Tax Expense Benefit
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1647000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
10297000 USD
us-gaap Increase Decrease In Accounts Payable
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68763000 USD
us-gaap Increase Decrease In Accounts Payable
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109095000 USD
us-gaap Increase Decrease In Accounts Receivable
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115814000 USD
us-gaap Increase Decrease In Accounts Receivable
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139414000 USD
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CY2016Q4 us-gaap Operating Expenses
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150487000 USD
us-gaap Operating Expenses
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85728000 USD
us-gaap Increase Decrease In Other Operating Assets
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9329000 USD
CY2016Q4 us-gaap Net Income Loss Available To Common Stockholders Basic
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97465000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
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166451000 USD
CY2015Q4 us-gaap Operating Expenses
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139982000 USD
us-gaap Operating Expenses
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420244000 USD
us-gaap Increase Decrease In Other Operating Assets
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6346000 USD
CY2015Q4 us-gaap Interest Income Expense Nonoperating Net
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105000 USD
us-gaap Interest Income Expense Nonoperating Net
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549000 USD
CY2016Q4 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
202000 USD
us-gaap Interest Income Expense Nonoperating Net
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263000 USD
CY2016Q1 us-gaap Inventory Finished Goods Net Of Reserves
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180297000 USD
CY2016Q4 us-gaap Inventory Finished Goods Net Of Reserves
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221802000 USD
CY2016Q1 us-gaap Inventory Net
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228786000 USD
CY2016Q4 us-gaap Inventory Net
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250286000 USD
CY2016Q1 us-gaap Inventory Raw Materials Net Of Reserves
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48489000 USD
CY2016Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
28484000 USD
CY2016Q1 us-gaap Liabilities
Liabilities
564199000 USD
CY2016Q4 us-gaap Liabilities
Liabilities
753441000 USD
CY2016Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1324147000 USD
CY2016Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1554836000 USD
CY2016Q1 us-gaap Liabilities Current
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414930000 USD
CY2016Q4 us-gaap Liabilities Current
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606159000 USD
CY2016Q1 us-gaap Line Of Credit Facility Fair Value Of Amount Outstanding
LineOfCreditFacilityFairValueOfAmountOutstanding
0 USD
CY2016Q4 us-gaap Line Of Credit Facility Fair Value Of Amount Outstanding
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0 USD
us-gaap Net Cash Provided By Used In Financing Activities
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us-gaap Net Cash Provided By Used In Financing Activities
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us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-90240000 USD
us-gaap Net Cash Provided By Used In Operating Activities
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150846000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
234290000 USD
CY2015Q4 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
65086000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
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90620000 USD
CY2015Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
68515000 USD
us-gaap Operating Income Loss
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118703000 USD
CY2016Q4 us-gaap Operating Income Loss
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us-gaap Operating Income Loss
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175542000 USD
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CY2016Q4 us-gaap Other Assets Current
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CY2016Q1 us-gaap Other Assets Miscellaneous Noncurrent
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CY2015Q4 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
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us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-488000 USD
CY2016Q4 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-7968000 USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
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-7714000 USD
CY2015Q4 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Net Of Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax
400000 USD
us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Net Of Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax
1233000 USD
CY2016Q4 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Net Of Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax
424000 USD
us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Net Of Tax
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1289000 USD
CY2015Q4 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-2432000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-2459000 USD
CY2016Q4 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-4317000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-447000 USD
CY2015Q4 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Reclassification Adjustments Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax
-283000 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Reclassification Adjustments Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax
-475000 USD
CY2016Q4 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Reclassification Adjustments Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax
-1193000 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Reclassification Adjustments Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax
-1520000 USD
CY2015Q4 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
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-45000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
2443000 USD
CY2016Q4 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
463000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
-432000 USD
CY2015Q4 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-62000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-1236000 USD
CY2016Q4 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
2497000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
4026000 USD
CY2016Q1 us-gaap Other Intangible Assets Net
OtherIntangibleAssetsNet
0 USD
CY2016Q4 us-gaap Other Intangible Assets Net
OtherIntangibleAssetsNet
50313000 USD
CY2016Q1 us-gaap Other Liabilities Noncurrent
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89535000 USD
CY2016Q4 us-gaap Other Liabilities Noncurrent
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91709000 USD
CY2015Q4 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
862000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
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CY2016Q4 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
2634000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
943000 USD
CY2016Q2 us-gaap Payments For Legal Settlements
PaymentsForLegalSettlements
7500000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
48802000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
63764000 USD
us-gaap Payments Of Ordinary Dividends
PaymentsOfOrdinaryDividends
85900000 USD
us-gaap Payments Of Ordinary Dividends
PaymentsOfOrdinaryDividends
85915000 USD
us-gaap Payments Of Ordinary Dividends
PaymentsOfOrdinaryDividends
93100000 USD
us-gaap Payments Of Ordinary Dividends
PaymentsOfOrdinaryDividends
93093000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
5357000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
13054000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
66987000 USD
us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
2099000 USD
us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
640000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
50443000 USD
us-gaap Payments To Acquire Trading Securities Heldforinvestment
PaymentsToAcquireTradingSecuritiesHeldforinvestment
4395000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
23372000 USD
us-gaap Payments To Acquire Trading Securities Heldforinvestment
PaymentsToAcquireTradingSecuritiesHeldforinvestment
5868000 USD
CY2016Q1 us-gaap Postemployment Benefits Liability Current
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1285000 USD
CY2016Q4 us-gaap Postemployment Benefits Liability Current
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1899000 USD
CY2016Q1 us-gaap Prepaid Expense And Other Assets Current
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12916000 USD
CY2016Q4 us-gaap Prepaid Expense And Other Assets Current
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22102000 USD
us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
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12562000 USD
us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
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20355000 USD
us-gaap Proceeds From Sale Of Trading Securities Heldforinvestment
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4668000 USD
us-gaap Proceeds From Sale Of Trading Securities Heldforinvestment
ProceedsFromSaleOfTradingSecuritiesHeldforinvestment
5912000 USD
CY2016Q1 us-gaap Product Warranty Accrual Classified Current
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11880000 USD
CY2016Q4 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
13692000 USD
CY2016Q1 us-gaap Product Warranty Accrual Noncurrent
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8500000 USD
CY2016Q4 us-gaap Product Warranty Accrual Noncurrent
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8429000 USD
CY2016Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
371212000 USD
CY2016Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
373097000 USD
CY2016Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
92860000 USD
CY2016Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
84194000 USD
CY2015Q4 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
29161000 USD
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
85889000 USD
CY2016Q4 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
32284000 USD
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
96867000 USD
CY2015Q4 us-gaap Restructuring Charges
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-666000 USD
us-gaap Restructuring Charges
RestructuringCharges
14018000 USD
CY2016Q4 us-gaap Restructuring Charges
RestructuringCharges
-33000 USD
us-gaap Restructuring Charges
RestructuringCharges
-44000 USD
CY2016Q1 us-gaap Retained Earnings Accumulated Deficit
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963576000 USD
CY2016Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
1034685000 USD
CY2015Q4 us-gaap Sales Revenue Net
SalesRevenueNet
621079000 USD
us-gaap Sales Revenue Net
SalesRevenueNet
1587259000 USD
CY2016Q4 us-gaap Sales Revenue Net
SalesRevenueNet
666707000 USD
us-gaap Sales Revenue Net
SalesRevenueNet
1710875000 USD
CY2015Q4 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
87295000 USD
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
241924000 USD
CY2016Q4 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
102036000 USD
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
279700000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
19875000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
26354000 USD
CY2015Q4 us-gaap Standard And Extended Product Warranty Accrual Foreign Currency Translation Gain Loss
StandardAndExtendedProductWarrantyAccrualForeignCurrencyTranslationGainLoss
-153000 USD
us-gaap Standard And Extended Product Warranty Accrual Foreign Currency Translation Gain Loss
StandardAndExtendedProductWarrantyAccrualForeignCurrencyTranslationGainLoss
-11000 USD
CY2016Q4 us-gaap Standard And Extended Product Warranty Accrual Foreign Currency Translation Gain Loss
StandardAndExtendedProductWarrantyAccrualForeignCurrencyTranslationGainLoss
-462000 USD
us-gaap Standard And Extended Product Warranty Accrual Foreign Currency Translation Gain Loss
StandardAndExtendedProductWarrantyAccrualForeignCurrencyTranslationGainLoss
-653000 USD
CY2015Q1 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
21710000 USD
CY2015Q3 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
20399000 USD
CY2015Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
19506000 USD
CY2016Q1 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
20380000 USD
us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
3500000 shares
CY2016Q4 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
900000 shares
us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
3300000 shares
us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
48802000 USD
CY2016Q4 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
20900000 USD
us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
63800000 USD
us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
63764000 USD
CY2015Q1 us-gaap Stockholders Equity
StockholdersEquity
758134000 USD
CY2015Q4 us-gaap Stockholders Equity
StockholdersEquity
736946000 USD
CY2016Q1 us-gaap Stockholders Equity
StockholdersEquity
759948000 USD
CY2016Q3 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
21612000 USD
CY2016Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
22121000 USD
CY2015Q4 us-gaap Standard Product Warranty Accrual Additions From Business Acquisition
StandardProductWarrantyAccrualAdditionsFromBusinessAcquisition
0 USD
us-gaap Standard Product Warranty Accrual Additions From Business Acquisition
StandardProductWarrantyAccrualAdditionsFromBusinessAcquisition
0 USD
CY2016Q4 us-gaap Standard Product Warranty Accrual Additions From Business Acquisition
StandardProductWarrantyAccrualAdditionsFromBusinessAcquisition
USD
us-gaap Standard Product Warranty Accrual Additions From Business Acquisition
StandardProductWarrantyAccrualAdditionsFromBusinessAcquisition
1963000 USD
CY2015Q4 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
2763000 USD
us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
8008000 USD
CY2016Q4 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
3550000 USD
us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
10430000 USD
CY2015Q4 us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
2023000 USD
us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
5815000 USD
CY2016Q4 us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
4521000 USD
us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
10861000 USD
us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
-5357000 USD
us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
-13054000 USD
CY2014Q1 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
250000000.0 USD
CY2014Q1 us-gaap Stock Repurchase Program Period In Force1
StockRepurchaseProgramPeriodInForce1
P3Y
CY2015Q4 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
0 shares
CY2016Q4 us-gaap Stockholders Equity
StockholdersEquity
801395000 USD
CY2016Q1 us-gaap Trading Securities
TradingSecurities
14836000 USD
CY2016Q4 us-gaap Trading Securities
TradingSecurities
14724000 USD
CY2016Q1 us-gaap Treasury Stock Shares
TreasuryStockShares
10697000 shares
CY2016Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
11298000 shares
CY2016Q1 us-gaap Treasury Stock Value
TreasuryStockValue
128407000 USD
CY2016Q4 us-gaap Treasury Stock Value
TreasuryStockValue
167342000 USD
CY2016Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
69900000 USD
CY2016Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
66600000 USD
CY2016Q1 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
3600000 USD
CY2016Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
3500000 USD
us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
8400000 USD
us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
9400000 USD
CY2015Q4 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
2499000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
2430000 shares
CY2016Q4 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
3924000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
3141000 shares
CY2015Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
165168000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
165951000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
162070000 shares
CY2016Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
165901000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
165211000 shares
CY2015Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
162669000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
163521000 shares
CY2016Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
161977000 shares
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;font-style:italic;font-weight:bold;">Reclassification </font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-indent:24px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">Certain amounts from the comparative period in the accompanying unaudited condensed consolidated financial statements have been reclassified to conform to the condensed consolidated financial statement presentation as of and for the </font><font style="font-family:Arial;font-size:10pt;">three and nine months ended</font><font style="font-family:Arial;font-size:10pt;"> </font><font style="font-family:Arial;font-size:10pt;">December&#160;31, 2016</font><font style="font-family:Arial;font-size:10pt;">.</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;"><br clear="none"/></font></div></div>
us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;font-style:italic;font-weight:bold;">Use of Estimates</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">&#160;</font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">The preparation of financial statements in conformity with GAAP requires management to make judgments, estimates and assumptions that affect the amounts reported in the condensed consolidated financial statements. Management bases its estimates on historical experience and various other assumptions believed to be reasonable. Examples of significant estimates and assumptions made by management involve the fair value of goodwill, intangible assets acquired from business acquisitions, warranty liabilities, accruals for discretionary customer programs, sales return reserves, allowance for doubtful accounts, inventory valuation, restructuring charges, contingent consideration from business acquisitions and periodical reassessment of its fair value, share-based compensation expense, uncertain tax positions, and valuation allowances for deferred tax assets. Although these estimates are based on management&#8217;s best knowledge of current events and actions that may impact the Company in the future, actual results could differ materially from those estimates.</font></div></div>

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