2018 Q4 Form 10-Q Financial Statement

#000144483818000040 Filed on November 06, 2018

View on sec.gov

Income Statement

Concept 2018 Q4 2018 Q3 2017 Q3
Revenue $88.18M $100.3M $97.69M
YoY Change -13.69% 2.67% -7.82%
Cost Of Revenue $9.600M $10.70M $11.70M
YoY Change -22.58% -8.55% 1.74%
Gross Profit $78.60M $89.60M $86.00M
YoY Change -12.47% 4.19% -8.99%
Gross Profit Margin 89.13% 89.34% 88.03%
Selling, General & Admin $7.800M $7.500M $8.000M
YoY Change -9.3% -6.25% 6.67%
% of Gross Profit 9.92% 8.37% 9.3%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $38.50M $37.70M $43.50M
YoY Change -15.01% -13.33% 7.94%
% of Gross Profit 48.98% 42.08% 50.58%
Operating Expenses $46.30M $45.10M $51.50M
YoY Change -14.1% -12.43% 7.97%
Operating Profit $32.30M $44.50M $34.50M
YoY Change -10.03% 28.99% -26.28%
Interest Expense -$16.70M $21.16M $18.89M
YoY Change -16.92% 12.03% -17.89%
% of Operating Profit -51.7% 47.55% 54.74%
Other Income/Expense, Net $900.0K $429.0K $1.005M
YoY Change -83.33% -57.31% -67.37%
Pretax Income $24.60M $221.3M $5.688M
YoY Change -23.13% 3790.47% -120.69%
Income Tax $400.0K $444.0K $375.0K
% Of Pretax Income 1.63% 0.2% 6.59%
Net Earnings $23.80M $218.0M $3.916M
YoY Change -18.6% 5467.31% -114.52%
Net Earnings / Revenue 26.99% 217.37% 4.01%
Basic Earnings Per Share $0.10 $0.91 $0.02
Diluted Earnings Per Share $0.10 $0.90 $0.02
COMMON SHARES
Basic Shares Outstanding 236.3M shares 237.4M shares 238.0M shares
Diluted Shares Outstanding 246.1M shares 241.7M shares

Balance Sheet

Concept 2018 Q4 2018 Q3 2017 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $168.8M $128.4M $140.5M
YoY Change 56.59% -8.61% 19.27%
Cash & Equivalents $168.8M $128.4M $140.5M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $3.475M $3.584M $6.388M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $231.0M $186.5M $193.5M
YoY Change 39.16% -3.62% 29.43%
LONG-TERM ASSETS
Property, Plant & Equipment $2.556B $2.490B $3.233B
YoY Change -22.79% -22.97% 7.95%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $66.18M $70.88M $60.70M
YoY Change 278.71% 16.77% -5.16%
Other Assets $88.30M $413.5M $76.00M
YoY Change 126.99% 444.08% -28.91%
Total Long-Term Assets $2.723B $2.985B $3.402B
YoY Change -19.61% -12.24% 3.07%
TOTAL ASSETS
Total Short-Term Assets $231.0M $186.5M $193.5M
Total Long-Term Assets $2.723B $2.985B $3.402B
Total Assets $2.954B $3.172B $3.595B
YoY Change -16.86% -11.77% 4.21%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $30.80M $29.20M $36.70M
YoY Change -20.21% -20.44% 141.45%
Accrued Expenses $4.500M $10.20M $11.70M
YoY Change -16.67% -12.82% 0.86%
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 $84.10M $87.80M $96.90M
YoY Change -10.05% -9.39% 29.72%
LONG-TERM LIABILITIES
Long-Term Debt $1.493B $1.656B $2.089B
YoY Change -27.86% -20.74% 11.12%
Other Long-Term Liabilities $30.60M $31.50M $49.90M
YoY Change -38.55% -36.87% -36.99%
Total Long-Term Liabilities $1.523B $1.687B $2.139B
YoY Change -28.11% -21.12% 9.18%
TOTAL LIABILITIES
Total Short-Term Liabilities $84.10M $87.80M $96.90M
Total Long-Term Liabilities $1.523B $1.687B $2.139B
Total Liabilities $1.607B $1.775B $2.236B
YoY Change -27.35% -20.61% 9.93%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $24.00K $24.00K $24.00K
YoY Change 0.0% 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.330B $1.380B $1.342B
YoY Change
Total Liabilities & Shareholders Equity $2.954B $3.172B $3.595B
YoY Change -16.86% -11.77% 4.21%

Cashflow Statement

Concept 2018 Q4 2018 Q3 2017 Q3
OPERATING ACTIVITIES
Net Income $23.80M $218.0M $3.916M
YoY Change -18.6% 5467.31% -114.52%
Depreciation, Depletion And Amortization $38.50M $37.70M $43.50M
YoY Change -15.01% -13.33% 7.94%
Cash From Operating Activities $48.10M $58.80M $66.40M
YoY Change -13.33% -11.45% 4.24%
INVESTING ACTIVITIES
Capital Expenditures -$112.4M -$71.80M -$275.3M
YoY Change -21.78% -73.92% 221.99%
Acquisitions
YoY Change
Other Investing Activities $89.80M $671.3M $35.30M
YoY Change 0.22% 1801.7% -65.08%
Cash From Investing Activities -$22.60M $599.5M -$240.0M
YoY Change -58.3% -349.79% -1638.46%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -240.3M -413.2M 220.0M
YoY Change 271.41% -287.82% -1137.74%
NET CHANGE
Cash From Operating Activities 48.10M 58.80M 66.40M
Cash From Investing Activities -22.60M 599.5M -240.0M
Cash From Financing Activities -240.3M -413.2M 220.0M
Net Change In Cash -214.8M 245.1M 46.40M
YoY Change 238.8% 428.23% -20.14%
FREE CASH FLOW
Cash From Operating Activities $48.10M $58.80M $66.40M
Capital Expenditures -$112.4M -$71.80M -$275.3M
Free Cash Flow $160.5M $130.6M $341.7M
YoY Change -19.43% -61.78% 129.02%

Facts In Submission

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us-gaap Income Loss From Continuing Operations Per Diluted Share
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CY2018Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
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us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
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IncomeLossFromEquityMethodInvestments
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IncomeTaxExpenseBenefit
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IncomeTaxExpenseBenefit
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IncomeTaxExpenseBenefit
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us-gaap Increase Decrease In Leasing Receivables
IncreaseDecreaseInLeasingReceivables
3074000 USD
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IncrementalCommonSharesAttributableToConversionOfPreferredStock
0 shares
us-gaap Incremental Common Shares Attributable To Conversion Of Preferred Stock
IncrementalCommonSharesAttributableToConversionOfPreferredStock
0 shares
CY2018Q3 us-gaap Incremental Common Shares Attributable To Conversion Of Preferred Stock
IncrementalCommonSharesAttributableToConversionOfPreferredStock
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us-gaap Incremental Common Shares Attributable To Conversion Of Preferred Stock
IncrementalCommonSharesAttributableToConversionOfPreferredStock
0 shares
CY2017Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
66748 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
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CY2018Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
382956 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
463922 shares
CY2017Q3 us-gaap Interest Expense
InterestExpense
18887000 USD
us-gaap Interest Expense
InterestExpense
57828000 USD
CY2018Q3 us-gaap Interest Expense
InterestExpense
21159000 USD
us-gaap Interest Expense
InterestExpense
63224000 USD
us-gaap Interest Paid Net
InterestPaidNet
50691000 USD
us-gaap Interest Paid Net
InterestPaidNet
55033000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
114251000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-228946000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
577450000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
172407000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
169656000 USD
CY2017Q3 us-gaap Net Income Loss
NetIncomeLoss
5541000 USD
us-gaap Net Income Loss
NetIncomeLoss
54733000 USD
CY2018Q3 us-gaap Net Income Loss
NetIncomeLoss
218016000 USD
us-gaap Net Income Loss
NetIncomeLoss
202007000 USD
CY2017Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
55000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
448000 USD
CY2018Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
2834000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
3225000 USD
CY2017Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
3916000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
49832000 USD
CY2018Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
216190000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
197010000 USD
CY2017Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
3743000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
49640000 USD
CY2018Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
220349000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
199515000 USD
CY2017Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
1005000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
4997000 USD
CY2018Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
766000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
1666000 USD
CY2017Q4 us-gaap Notes Payable
NotesPayable
689810000 USD
CY2018Q3 us-gaap Notes Payable
NotesPayable
585369000 USD
CY2018Q3 us-gaap Number Of Real Estate Properties
NumberOfRealEstateProperties
145 Property
CY2018Q3 us-gaap Number Of States In Which Entity Operates
NumberOfStatesInWhichEntityOperates
35 state
CY2017Q3 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
89704000 USD
us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
265923000 USD
CY2018Q3 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
91815000 USD
us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
283986000 USD
us-gaap Other Asset Impairment Charges
OtherAssetImpairmentCharges
38283000 USD
us-gaap Other Asset Impairment Charges
OtherAssetImpairmentCharges
90860000 USD
CY2017Q4 us-gaap Other Assets
OtherAssets
20749000 USD
CY2018Q3 us-gaap Other Assets
OtherAssets
10853000 USD
CY2017Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
67000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
1543000 USD
CY2018Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-446000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-413000 USD
CY2017Q3 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
67000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
1543000 USD
CY2018Q3 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-446000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-413000 USD
CY2017Q3 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
52000 USD
us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
183000 USD
CY2018Q3 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
253000 USD
us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
279000 USD
CY2018Q3 us-gaap Partners Capital Account Units
PartnersCapitalAccountUnits
3206000 shares
us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
13367000 USD
us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
11349000 USD
us-gaap Payments For Construction In Process
PaymentsForConstructionInProcess
81364000 USD
us-gaap Payments For Proceeds From Deposits On Real Estate Acquisitions
PaymentsForProceedsFromDepositsOnRealEstateAcquisitions
-10938000 USD
us-gaap Payments For Proceeds From Deposits On Real Estate Acquisitions
PaymentsForProceedsFromDepositsOnRealEstateAcquisitions
85000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
15023000 USD
us-gaap Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
55000 USD
us-gaap Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
0 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
128996000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
132088000 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
1252000 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
667000 USD
us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
4068000 USD
us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
8580000 USD
us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
418574000 USD
us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
207791000 USD
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
2563000 USD
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
2699000 USD
CY2017Q4 us-gaap Preferred Stock Liquidation Preference Value
PreferredStockLiquidationPreferenceValue
96770000 USD
CY2018Q3 us-gaap Preferred Stock Liquidation Preference Value
PreferredStockLiquidationPreferenceValue
96770000 USD
CY2017Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2018Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2017Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
100000000 shares
CY2018Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
100000000 shares
CY2017Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
1935400 shares
CY2018Q3 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
1935400 shares
CY2017Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
1935400 shares
CY2018Q3 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
1935400 shares
CY2017Q4 us-gaap Preferred Stock Value
PreferredStockValue
94016000 USD
CY2018Q3 us-gaap Preferred Stock Value
PreferredStockValue
94016000 USD
us-gaap Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
89670000 USD
us-gaap Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
0 USD
us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
477000 USD
us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
590000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
16848000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
-2818000 USD
us-gaap Proceeds From Issuance Of Unsecured Debt
ProceedsFromIssuanceOfUnsecuredDebt
95000000 USD
us-gaap Proceeds From Issuance Of Unsecured Debt
ProceedsFromIssuanceOfUnsecuredDebt
0 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
270000000 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
150000000 USD
us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
26350000 USD
us-gaap Proceeds From Sale Of Equity Method Investments
ProceedsFromSaleOfEquityMethodInvestments
6127000 USD
us-gaap Proceeds From Sale Of Equity Method Investments
ProceedsFromSaleOfEquityMethodInvestments
0 USD
us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
186499000 USD
us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
807739000 USD
CY2017Q3 us-gaap Profit Loss
ProfitLoss
5596000 USD
us-gaap Profit Loss
ProfitLoss
55181000 USD
CY2018Q3 us-gaap Profit Loss
ProfitLoss
220850000 USD
us-gaap Profit Loss
ProfitLoss
205232000 USD
CY2017Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
3936459000 USD
CY2018Q3 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
3005959000 USD
CY2017Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
3309900000 USD
CY2018Q3 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
2490131000 USD
us-gaap Repayments Of Debt
RepaymentsOfDebt
41488000 USD
us-gaap Repayments Of Debt
RepaymentsOfDebt
6708000 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
70000000 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
310000000 USD
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
23243000 USD
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
22622000 USD
us-gaap Repayments Of Unsecured Debt
RepaymentsOfUnsecuredDebt
0 USD
us-gaap Repayments Of Unsecured Debt
RepaymentsOfUnsecuredDebt
151000000 USD
CY2016Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
31142000 USD
CY2017Q3 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
34946000 USD
CY2017Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
4394000 USD
CY2018Q3 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
263543000 USD
CY2017Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
7985000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
23549000 USD
CY2018Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
8143000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
24102000 USD
CY2017Q3 us-gaap Revenues
Revenues
97689000 USD
us-gaap Revenues
Revenues
289472000 USD
CY2018Q3 us-gaap Revenues
Revenues
99958000 USD
us-gaap Revenues
Revenues
308088000 USD
CY2017Q4 us-gaap Senior Notes
SeniorNotes
495198000 USD
CY2018Q3 us-gaap Senior Notes
SeniorNotes
495825000 USD
us-gaap Stock Granted During Period Value Sharebased Compensation Forfeited
StockGrantedDuringPeriodValueSharebasedCompensationForfeited
71000 USD
CY2015Q3 us-gaap Stock Repurchase Program Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased
10000000 shares
us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
17387000 USD
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
1323901000 USD
CY2018Q3 us-gaap Stockholders Equity
StockholdersEquity
1379604000 USD
CY2016Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1412491000 USD
CY2017Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1359495000 USD
CY2017Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1340835000 USD
CY2018Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1397001000 USD
us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
8.01
CY2017Q4 us-gaap Unsecured Debt
UnsecuredDebt
127196000 USD
CY2018Q3 us-gaap Unsecured Debt
UnsecuredDebt
127271000 USD
CY2017Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
241702715 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
241442227 shares
CY2018Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
246058298 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
241660588 shares
CY2017Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
237989098 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
237632572 shares
CY2018Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
237354669 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
237577198 shares
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:16px;text-align:justify;padding-left:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Reclassifications</font><font style="font-family:inherit;font-size:10pt;">. Certain amounts included in the 2017 unaudited condensed consolidated financial statements have been reclassified to conform to the 2018 presentation.</font></div></div>
us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:16px;text-align:justify;padding-left:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Use of Estimates.</font><font style="font-family:inherit;font-size:10pt;"> Management has made a number of significant estimates and assumptions to prepare these unaudited condensed consolidated financial statements in conformity with GAAP, including, among others, those relating to the reporting of assets and liabilities, the disclosure of contingent assets and liabilities and the reported amounts of revenues and expenses. These estimates and assumptions are based on management's best estimates and judgment. Management evaluates its estimates and assumptions on an ongoing basis using historical experience and other factors. Management adjusts such estimates when facts and circumstances dictate. The most significant estimates made include the recoverability of accounts receivable, the allocation of property purchase price to tangible and intangible assets acquired and liabilities assumed, the determination of VIEs and which entities should be consolidated, the determination of impairment of long-lived assets, loans receivable and equity method investments, the valuation of derivative financial instruments, the valuation of compensation plans and the useful lives of long-lived assets. Actual results could differ materially from those estimates.</font></div></div>

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