2018 Q4 Form 10-K Financial Statement

#000076952019000003 Filed on February 27, 2019

View on sec.gov

Income Statement

Concept 2018 Q4 2018 Q3 2018 Q2
Revenue $756.7M $713.3M $668.1M
YoY Change 19.56% 20.28% 25.99%
Cost Of Revenue $476.1M $452.2M $417.4M
YoY Change 21.24% 24.04% 30.08%
Gross Profit $280.6M $261.2M $250.8M
YoY Change 16.83% 14.28% 19.72%
Gross Profit Margin 37.08% 36.61% 37.53%
Selling, General & Admin $139.5M $141.4M $135.0M
YoY Change 19.54% 23.09% 17.41%
% of Gross Profit 49.72% 54.13% 53.84%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $30.70M $27.83M $18.60M
YoY Change 49.76% 64.1% 32.3%
% of Gross Profit 10.94% 10.66% 7.42%
Operating Expenses $139.5M $141.4M $135.0M
YoY Change 19.43% 23.09% 17.41%
Operating Profit $140.0M $107.7M $111.3M
YoY Change 122.54% -1.61% 20.02%
Interest Expense -$20.50M -$18.90M -$10.60M
YoY Change 156.25% 231.58% 82.76%
% of Operating Profit -14.64% -17.55% -9.52%
Other Income/Expense, Net $8.800M $260.0K $542.0K
YoY Change 39.68% -75.66% -129.03%
Pretax Income $128.2M $98.02M $110.6M
YoY Change 109.48% -13.08% 18.37%
Income Tax $33.40M $25.11M $26.58M
% Of Pretax Income 26.05% 25.62% 24.04%
Net Earnings $94.84M $72.91M $83.99M
YoY Change 26.14% -2.37% 18.79%
Net Earnings / Revenue 12.53% 10.22% 12.57%
Basic Earnings Per Share $1.71 $1.31 $1.51
Diluted Earnings Per Share $1.70 $1.31 $1.51
COMMON SHARES
Basic Shares Outstanding 55.85M shares 55.58M shares 55.58M shares
Diluted Shares Outstanding 55.58M shares 55.58M shares

Balance Sheet

Concept 2018 Q4 2018 Q3 2018 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $71.70M $76.60M $92.30M
YoY Change -20.07% 18.03% 20.5%
Cash & Equivalents $71.70M $76.59M $92.28M
Short-Term Investments
Other Short-Term Assets $69.40M $79.00M $94.20M
YoY Change -22.2% 12.22% 64.69%
Inventory $521.8M $512.8M $493.7M
Prepaid Expenses
Receivables $398.7M $410.2M $400.3M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $1.062B $1.079B $1.080B
YoY Change 13.92% 19.64% 29.02%
LONG-TERM ASSETS
Property, Plant & Equipment $314.6M $311.7M $317.2M
YoY Change 11.58% 13.21% 41.06%
Goodwill $1.743B $1.823B $1.825B
YoY Change 37.82% 57.36% 66.06%
Intangibles $1.361B $1.275B $1.293B
YoY Change 74.4% 62.16% 86.95%
Long-Term Investments
YoY Change
Other Assets $37.23M $50.41M $46.26M
YoY Change 3.11% 48.15% 6.18%
Total Long-Term Assets $384.0M $401.6M $404.2M
YoY Change 5.9% 13.26% 28.21%
TOTAL ASSETS
Total Short-Term Assets $1.062B $1.079B $1.080B
Total Long-Term Assets $384.0M $401.6M $404.2M
Total Assets $4.550B $4.579B $4.602B
YoY Change 36.23% 43.03% 56.38%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $188.3M $197.8M $188.3M
YoY Change 28.68% 36.88% 29.07%
Accrued Expenses $367.4M $373.3M $361.5M
YoY Change 14.05% 17.77% 20.83%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $3.207M $3.125M $6.297M
YoY Change -37.72% -39.81% 29.57%
Total Short-Term Liabilities $559.0M $574.2M $556.1M
YoY Change 18.01% 23.04% 23.6%
LONG-TERM LIABILITIES
Long-Term Debt $1.889B $1.955B $2.060B
YoY Change 84.51% 106.79% 184.68%
Other Long-Term Liabilities $69.71M $65.95M $72.46M
YoY Change 18.45% 49.34% 93.63%
Total Long-Term Liabilities $1.959B $2.021B $2.133B
YoY Change 80.92% 104.23% 180.2%
TOTAL LIABILITIES
Total Short-Term Liabilities $559.0M $574.2M $556.1M
Total Long-Term Liabilities $1.959B $2.021B $2.133B
Total Liabilities $2.518B $2.595B $2.689B
YoY Change 61.77% 78.21% 122.02%
SHAREHOLDERS EQUITY
Retained Earnings $2.009B $1.914B $1.841B
YoY Change 18.36% 18.0% 25.26%
Common Stock $145.0K $145.0K $145.0K
YoY Change 0.0% 0.0% 0.69%
Preferred Stock
YoY Change
Treasury Stock (at cost) $445.1M $445.1M $445.1M
YoY Change 0.0% 3.45% 93.59%
Treasury Stock Shares 6.889M shares 6.889B shares 6.889B shares
Shareholders Equity $1.665B $1.574B $1.501B
YoY Change
Total Liabilities & Shareholders Equity $4.550B $4.579B $4.602B
YoY Change 36.23% 43.03% 56.38%

Cashflow Statement

Concept 2018 Q4 2018 Q3 2018 Q2
OPERATING ACTIVITIES
Net Income $94.84M $72.91M $83.99M
YoY Change 26.14% -2.37% 18.79%
Depreciation, Depletion And Amortization $30.70M $27.83M $18.60M
YoY Change 49.76% 64.1% 32.3%
Cash From Operating Activities $116.9M $105.4M $101.9M
YoY Change 17.37% 169.57% 117.36%
INVESTING ACTIVITIES
Capital Expenditures -$3.400M -$8.400M -$12.90M
YoY Change -71.9% -64.1% -255.87%
Acquisitions
YoY Change
Other Investing Activities -$50.30M -$3.200M -$1.110B
YoY Change -65.5% -96.87% 40996.3%
Cash From Investing Activities -$53.70M -$11.60M -$1.123B
YoY Change -65.99% -90.77% 10131.5%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -67.50M -109.3M 1.015B
YoY Change -204.49% -248.3% -3605.41%
NET CHANGE
Cash From Operating Activities 116.9M 105.4M 101.9M
Cash From Investing Activities -53.70M -11.60M -1.123B
Cash From Financing Activities -67.50M -109.3M 1.015B
Net Change In Cash -4.300M -15.50M -6.200M
YoY Change -168.25% 20.16% -188.99%
FREE CASH FLOW
Cash From Operating Activities $116.9M $105.4M $101.9M
Capital Expenditures -$3.400M -$8.400M -$12.90M
Free Cash Flow $120.3M $113.8M $114.8M
YoY Change 7.7% 82.08% 197.38%

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CY2017Q4 us-gaap Contract With Customer Liability Noncurrent
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1859000 USD
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47500000 USD
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1366672000 USD
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1422801000 USD
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1718791000 USD
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115726000 USD
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CY2018 us-gaap Current Income Tax Expense Benefit
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85872000 USD
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1028881000 USD
CY2018Q4 us-gaap Debt Instrument Carrying Amount
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1892105000 USD
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1028881000 USD
CY2018Q4 us-gaap Debt Instrument Fair Value
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1892105000 USD
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0.0100
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32188000 USD
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21363000 USD
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CY2018 us-gaap Deferred Income Tax Expense Benefit
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20489000 USD
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43250000 USD
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131355000 USD
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11342000 USD
CY2018Q4 us-gaap Deferred Tax Assets Inventory
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14441000 USD
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44565000 USD
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32188000 USD
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122565000 USD
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105332000 USD
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14600000 USD
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101400000 USD
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88000000 USD
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19826000 USD
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10531000 USD
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3129000 USD
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3776000 USD
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56502000 USD
CY2018Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Pensions
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41502000 USD
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7232000 USD
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10641000 USD
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23190000 USD
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26023000 USD
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165815000 USD
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187040000 USD
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137871000 USD
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167197000 USD
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87815000 USD
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113896000 USD
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17518000 USD
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6226000 USD
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241000000 USD
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334511000 USD
CY2018Q4 us-gaap Defined Benefit Pension Plan Liabilities Noncurrent
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253119000 USD
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906000 USD
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26200000 USD
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29700000 USD
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35800000 USD
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58234000 USD
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69774000 USD
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1.24
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1.35
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1.31
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1.18
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1.51
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1.31
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1.71
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5.71
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4.98
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1.24
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1.35
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1.31
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1.35
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5.26
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1.18
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1.51
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1.31
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1.70
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5.70
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6344000 USD
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0.325
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0.223
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0.251
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0.35
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0.350
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0.210
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0.000
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-0.020
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-0.005
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-0.011
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-0.016
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0.013
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0.003
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-0.013
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0.000
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0.000
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0.015
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0.000
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0.023
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0.015
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0.030
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0.024
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0.021
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0.000
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74952000 USD
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1500000 USD
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P1Y2M1D
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10500000 USD
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2400000 USD
CY2018 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
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0 USD
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CY2017 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
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0 USD
CY2018 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
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0 USD
CY2016 us-gaap Federal Income Tax Expense Benefit Continuing Operations
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94621000 USD
CY2017 us-gaap Federal Income Tax Expense Benefit Continuing Operations
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48688000 USD
CY2018 us-gaap Federal Income Tax Expense Benefit Continuing Operations
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66359000 USD
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207334000 USD
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268414000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
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172696000 USD
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59995000 USD
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44276000 USD
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51184000 USD
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55190000 USD
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59079000 USD
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372670000 USD
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710834000 USD
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442420000 USD
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1900000 USD
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-2400000 USD
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-2600000 USD
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29361000 USD
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23967000 USD
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54362000 USD
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0 USD
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12042000 USD
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0 USD
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0 USD
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-3114000 USD
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177318000 USD
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517656000 USD
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0 USD
CY2018 us-gaap Goodwill Impairment Loss
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0 USD
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-36367000 USD
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-7238000 USD
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901180000 USD
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912741000 USD
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211633000 USD
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209450000 USD
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234608000 USD
CY2017Q3 us-gaap Gross Profit
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228519000 USD
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240164000 USD
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250759000 USD
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261160000 USD
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280588000 USD
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1004140000 USD
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0 USD
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58000000 USD
CY2017 us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
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58000000 USD
CY2018 us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
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0 USD
CY2018 us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
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0 USD
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336625000 USD
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290866000 USD
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328870000 USD
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84680000 USD
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92663000 USD
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94643000 USD
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421305000 USD
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383529000 USD
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423513000 USD
CY2016 us-gaap Income Tax Expense Benefit
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137089000 USD
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85401000 USD
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IncomeTaxExpenseBenefit
106361000 USD
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89000000 USD
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123300000 USD
CY2018 us-gaap Income Taxes Paid
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79000000 USD
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-7730000 USD
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-21631000 USD
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13611000 USD
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33908000 USD
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-26180000 USD
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25347000 USD
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-22174000 USD
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-64947000 USD
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-52913000 USD
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57000000 USD
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22246000 USD
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9744000 USD
CY2018 us-gaap Increase Decrease In Inventories
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28378000 USD
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11550000 USD
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34122000 USD
CY2018 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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1361024000 USD
CY2016 us-gaap Interest And Debt Expense
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23880000 USD
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25983000 USD
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58742000 USD
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21000000 USD
CY2017 us-gaap Interest Paid
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25900000 USD
CY2018 us-gaap Interest Paid
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55300000 USD
CY2017Q4 us-gaap Interest Rate Derivative Liabilities At Fair Value
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10300000 USD
CY2018Q4 us-gaap Interest Rate Derivative Liabilities At Fair Value
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9400000 USD
CY2017Q4 us-gaap Inventory Finished Goods Net Of Reserves
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205163000 USD
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224670000 USD
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424639000 USD
CY2018Q4 us-gaap Inventory Net
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521810000 USD
CY2017Q4 us-gaap Inventory Raw Materials Net Of Reserves
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180559000 USD
CY2018Q4 us-gaap Inventory Raw Materials Net Of Reserves
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245976000 USD
CY2017Q4 us-gaap Inventory Work In Process Net Of Reserves
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38917000 USD
CY2018Q4 us-gaap Inventory Work In Process Net Of Reserves
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51164000 USD
CY2017Q4 us-gaap Land
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28996000 USD
CY2018Q4 us-gaap Land
Land
32523000 USD
CY2018Q4 us-gaap Letters Of Credit Outstanding Amount
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12100000 USD
CY2017Q4 us-gaap Liabilities And Stockholders Equity
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3339713000 USD
CY2018Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
4549781000 USD
CY2017Q4 us-gaap Liabilities Current
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473653000 USD
CY2018Q4 us-gaap Liabilities Current
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558952000 USD
CY2017Q4 us-gaap Line Of Credit
LineOfCredit
1022935000 USD
CY2018Q4 us-gaap Line Of Credit
LineOfCredit
1887764000 USD
CY2018 us-gaap Line Of Credit Facility Commitment Fee Percentage
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0.0025
CY2018 us-gaap Line Of Credit Facility Increase Decrease For Period Net
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500000000 USD
CY2018Q4 us-gaap Line Of Credit Facility Interest Rate At Period End
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0.0576
CY2018Q4 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
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2500000000 USD
CY2018Q4 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
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1100000000 USD
CY2018Q4 us-gaap Long Term Debt
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1892105000 USD
CY2017Q4 us-gaap Long Term Debt Current
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5149000 USD
CY2018Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
3207000 USD
CY2018Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
3207000 USD
CY2018Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
269000 USD
CY2018Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
1888112000 USD
CY2018Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
349000 USD
CY2017Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
1023732000 USD
CY2018Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
1888898000 USD
CY2017Q4 us-gaap Machinery And Equipment Gross
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165157000 USD
CY2018Q4 us-gaap Machinery And Equipment Gross
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188454000 USD
CY2016 us-gaap Net Cash Provided By Used In Financing Activities
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CY2017 us-gaap Net Cash Provided By Used In Financing Activities
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55836000 USD
CY2018 us-gaap Net Cash Provided By Used In Financing Activities
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856129000 USD
CY2016 us-gaap Net Cash Provided By Used In Investing Activities
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CY2017 us-gaap Net Cash Provided By Used In Investing Activities
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-345466000 USD
CY2018 us-gaap Net Cash Provided By Used In Investing Activities
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-1239423000 USD
CY2016 us-gaap Net Cash Provided By Used In Operating Activities
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294110000 USD
CY2017 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
304455000 USD
CY2018 us-gaap Net Cash Provided By Used In Operating Activities
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368914000 USD
CY2016 us-gaap Net Income Loss
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284216000 USD
CY2017Q2 us-gaap Net Income Loss
NetIncomeLoss
70702000 USD
CY2017Q3 us-gaap Net Income Loss
NetIncomeLoss
77569000 USD
CY2017Q3 us-gaap Net Income Loss
NetIncomeLoss
74671000 USD
CY2017Q4 us-gaap Net Income Loss
NetIncomeLoss
75186000 USD
CY2017 us-gaap Net Income Loss
NetIncomeLoss
298128000 USD
CY2018Q1 us-gaap Net Income Loss
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65420000 USD
CY2018Q2 us-gaap Net Income Loss
NetIncomeLoss
83988000 USD
CY2018Q3 us-gaap Net Income Loss
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72905000 USD
CY2018Q4 us-gaap Net Income Loss
NetIncomeLoss
94839000 USD
CY2018 us-gaap Net Income Loss
NetIncomeLoss
317152000 USD
CY2017Q4 us-gaap New Accounting Pronouncement Or Change In Accounting Principle Cumulative Effect Of Change On Equity Or Net Assets1
NewAccountingPronouncementOrChangeInAccountingPrincipleCumulativeEffectOfChangeOnEquityOrNetAssets1
4400000 USD
CY2016Q4 us-gaap Noncurrent Assets
NoncurrentAssets
316544000 USD
CY2017Q4 us-gaap Noncurrent Assets
NoncurrentAssets
362588000 USD
CY2018Q4 us-gaap Noncurrent Assets
NoncurrentAssets
383988000 USD
CY2018 us-gaap Number Of Operating Segments
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3 segment
CY2016 us-gaap Operating Income Loss
OperatingIncomeLoss
419018000 USD
CY2017Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
92741000 USD
CY2017Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
113524000 USD
CY2017Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
109444000 USD
CY2017Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
62904000 USD
CY2017 us-gaap Operating Income Loss
OperatingIncomeLoss
378613000 USD
CY2018Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
86992000 USD
CY2018Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
111310000 USD
CY2018Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
107677000 USD
CY2018Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
139987000 USD
CY2018 us-gaap Operating Income Loss
OperatingIncomeLoss
445966000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
99830000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
23118000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
8428000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
12730000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
16576000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
19097000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
19881000 USD
CY2016 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
23500000 USD
CY2017 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
27100000 USD
CY2018 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
30200000 USD
CY2017Q4 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
37911000 USD
CY2018Q4 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
36600000 USD
CY2018Q4 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
36629000 USD
CY2018Q4 us-gaap Operating Loss Carryforwards Valuation Allowance
OperatingLossCarryforwardsValuationAllowance
98900000 USD
CY2017Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
59601000 USD
CY2018Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
64372000 USD
CY2017Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
36108000 USD
CY2018Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
37231000 USD
CY2017 us-gaap Other Comprehensive Income Loss Before Reclassifications Before Tax
OtherComprehensiveIncomeLossBeforeReclassificationsBeforeTax
17904000 USD
CY2018 us-gaap Other Comprehensive Income Loss Before Reclassifications Before Tax
OtherComprehensiveIncomeLossBeforeReclassificationsBeforeTax
-10057000 USD
CY2017 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
16829000 USD
CY2018 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-14689000 USD
CY2016 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
-63569000 USD
CY2017 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
46690000 USD
CY2018 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
-43050000 USD
CY2016 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
149815000 USD
CY2017 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
29669000 USD
CY2018 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-32125000 USD
CY2016 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Before Reclassification Adjustments Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansBeforeReclassificationAdjustmentsTax
30717000 USD
CY2017 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Before Reclassification Adjustments Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansBeforeReclassificationAdjustmentsTax
5588000 USD
CY2018 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Before Reclassification Adjustments Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansBeforeReclassificationAdjustmentsTax
-6386000 USD
CY2018 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax
-1700000 USD
CY2018 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax
6900000 USD
CY2016 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
5473000 USD
CY2017 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
883000 USD
CY2018 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
868000 USD
CY2016 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
3649000 USD
CY2017 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
588000 USD
CY2018 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
-81000 USD
CY2017Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
58854000 USD
CY2018Q4 us-gaap Other Liabilities Noncurrent
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69713000 USD
CY2017Q4 us-gaap Other Long Term Debt
OtherLongTermDebt
178000 USD
CY2018Q4 us-gaap Other Long Term Debt
OtherLongTermDebt
175000 USD
CY2016 us-gaap Other Nonoperating Income Expense
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-1040000 USD
CY2017 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-829000 USD
CY2018 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-1825000 USD
CY2016 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
4418000 USD
CY2017 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
239838000 USD
CY2018 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 USD
CY2016 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
6310000 USD
CY2017 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
0 USD
CY2018 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
375000 USD
CY2016 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
210921000 USD
CY2017 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
305251000 USD
CY2018 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
1197984000 USD
CY2016 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
0 USD
CY2017 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
0 USD
CY2018 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
5399000 USD
CY2016 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
24817000 USD
CY2017 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
54493000 USD
CY2018 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
36040000 USD
CY2017Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2018Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2017Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
2000000 shares
CY2018Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
2000000 shares
CY2017Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2018Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2017Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
55427000 USD
CY2018Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
50940000 USD
CY2017Q4 us-gaap Prepaid Taxes
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33748000 USD
CY2018Q4 us-gaap Prepaid Taxes
PrepaidTaxes
18483000 USD
CY2016 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
0 USD
CY2017 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
0 USD
CY2018 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-1234000 USD
CY2016 us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
432768000 USD
CY2017 us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
758883000 USD
CY2018 us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
1611110000 USD
CY2016 us-gaap Proceeds From Repayments Of Notes Payable
ProceedsFromRepaymentsOfNotesPayable
-35000 USD
CY2017 us-gaap Proceeds From Repayments Of Notes Payable
ProceedsFromRepaymentsOfNotesPayable
-35000 USD
CY2018 us-gaap Proceeds From Repayments Of Notes Payable
ProceedsFromRepaymentsOfNotesPayable
-3000 USD
CY2016 us-gaap Proceeds From Repayments Of Other Debt
ProceedsFromRepaymentsOfOtherDebt
-26821000 USD
CY2017 us-gaap Proceeds From Repayments Of Other Debt
ProceedsFromRepaymentsOfOtherDebt
-1062000 USD
CY2018 us-gaap Proceeds From Repayments Of Other Debt
ProceedsFromRepaymentsOfOtherDebt
-7088000 USD
CY2016 us-gaap Proceeds From Sale Of Property Held For Sale
ProceedsFromSaleOfPropertyHeldForSale
0 USD
CY2017 us-gaap Proceeds From Sale Of Property Held For Sale
ProceedsFromSaleOfPropertyHeldForSale
14278000 USD
CY2018 us-gaap Proceeds From Sale Of Property Held For Sale
ProceedsFromSaleOfPropertyHeldForSale
0 USD
CY2016Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
40851000 USD
CY2017Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
52834000 USD
CY2018Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
59451000 USD
CY2017 us-gaap Product Warranty Accrual Additions From Business Acquisition
ProductWarrantyAccrualAdditionsFromBusinessAcquisition
7769000 USD
CY2018 us-gaap Product Warranty Accrual Additions From Business Acquisition
ProductWarrantyAccrualAdditionsFromBusinessAcquisition
5884000 USD
CY2017Q4 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
52834000 USD
CY2018Q4 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
59451000 USD
CY2017 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
54184000 USD
CY2018 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
61581000 USD
CY2017 us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
58398000 USD
CY2018 us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
62314000 USD
CY2017Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
424193000 USD
CY2018Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
482306000 USD
CY2017Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
281915000 USD
CY2018Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
314569000 USD
CY2017 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
1075000 USD
CY2018 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
3500000 USD
CY2016 us-gaap Repayments Of Lines Of Credit
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435250000 USD
CY2017 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
462112000 USD
CY2018 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
746281000 USD
CY2016 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
26300000 USD
CY2017 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
29100000 USD
CY2018 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
35300000 USD
CY2016 us-gaap Restructuring Charges
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10524000 USD
CY2017 us-gaap Restructuring Charges
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19951000 USD
CY2017Q4 us-gaap Sales And Excise Tax Payable Current
SalesAndExciseTaxPayableCurrent
20881000 USD
CY2018Q4 us-gaap Sales And Excise Tax Payable Current
SalesAndExciseTaxPayableCurrent
19452000 USD
CY2016 us-gaap Sales Revenue Net
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2267852000 USD
CY2018Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
2009233000 USD
CY2018 us-gaap Restructuring Charges
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19332000 USD
CY2017Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
1697618000 USD
CY2017Q2 us-gaap Sales Revenue Net
SalesRevenueNet
530297000 USD
CY2017Q3 us-gaap Sales Revenue Net
SalesRevenueNet
579343000 USD
CY2017Q3 us-gaap Sales Revenue Net
SalesRevenueNet
593043000 USD
CY2017Q4 us-gaap Sales Revenue Net
SalesRevenueNet
632859000 USD
CY2017 us-gaap Sales Revenue Net
SalesRevenueNet
2335542000 USD
CY2018Q1 us-gaap Sales Revenue Net
SalesRevenueNet
584800000 USD
CY2018Q2 us-gaap Sales Revenue Net
SalesRevenueNet
668128000 USD
CY2018Q3 us-gaap Sales Revenue Net
SalesRevenueNet
713331000 USD
CY2018Q4 us-gaap Sales Revenue Net
SalesRevenueNet
756672000 USD
CY2018 us-gaap Sales Revenue Net
SalesRevenueNet
2722931000 USD
CY2016 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
471638000 USD
CY2017 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
468219000 USD
CY2018 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
538842000 USD
CY2016 us-gaap Share Based Compensation
ShareBasedCompensation
27905000 USD
CY2017 us-gaap Share Based Compensation
ShareBasedCompensation
6200000 USD
CY2017 us-gaap Share Based Compensation
ShareBasedCompensation
6237000 USD
CY2018 us-gaap Share Based Compensation
ShareBasedCompensation
2497000 USD
CY2018Q4 us-gaap Significant Change In Unrecognized Tax Benefits Is Reasonably Possible Amount Of Unrecorded Benefit
SignificantChangeInUnrecognizedTaxBenefitsIsReasonablyPossibleAmountOfUnrecordedBenefit
6300000 USD
CY2016 us-gaap State And Local Income Tax Expense Benefit Continuing Operations
StateAndLocalIncomeTaxExpenseBenefitContinuingOperations
13107000 USD
CY2017 us-gaap State And Local Income Tax Expense Benefit Continuing Operations
StateAndLocalIncomeTaxExpenseBenefitContinuingOperations
9076000 USD
CY2018 us-gaap State And Local Income Tax Expense Benefit Continuing Operations
StateAndLocalIncomeTaxExpenseBenefitContinuingOperations
16035000 USD
CY2017Q2 us-gaap Stock Issued During Period Shares Acquisitions
StockIssuedDuringPeriodSharesAcquisitions
106254 shares
CY2017Q2 us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
12300000 USD
CY2018Q4 us-gaap Stock Repurchase Program Remaining Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramRemainingNumberOfSharesAuthorizedToBeRepurchased
2373800 shares
CY2016Q1 us-gaap Stockholders Equity
StockholdersEquity
1166830000 USD
CY2016Q4 us-gaap Stockholders Equity
StockholdersEquity
1265318000 USD
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
1361148000 USD
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
1665203000 USD
CY2017Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
6889241 shares
CY2018Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
6889241 shares
CY2017Q4 us-gaap Treasury Stock Value
TreasuryStockValue
445118000 USD
CY2018Q4 us-gaap Treasury Stock Value
TreasuryStockValue
445118000 USD
CY2018Q4 us-gaap Treasury Stock Value
TreasuryStockValue
445100000 USD
CY2016 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
4418000 USD
CY2017 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
239838000 USD
CY2016Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
20289000 USD
CY2017Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
29930000 USD
CY2018Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
31912000 USD
CY2017 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
9000 USD
CY2018 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
569000 USD
CY2016 us-gaap Unrecognized Tax Benefits Income Tax Penalties Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesExpense
1000000 USD
CY2017 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
439000 USD
CY2018Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAccrued
8100000 USD
CY2017 us-gaap Unrecognized Tax Benefits Income Tax Penalties Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesExpense
1300000 USD
CY2018 us-gaap Unrecognized Tax Benefits Income Tax Penalties Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesExpense
600000 USD
CY2017 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
11843000 USD
CY2018 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
3912000 USD
CY2017 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
201000 USD
CY2018 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
2860000 USD
CY2018Q4 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Accrued
UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued
5100000 USD
CY2017 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
1955000 USD
CY2018 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
4221000 USD
CY2018Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
31600000 USD
CY2016 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
55000 shares
CY2017 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
4000 shares
CY2018 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
28000 shares
CY2016 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
57085000 shares
CY2017 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
56719000 shares
CY2018 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
55604000 shares
CY2016 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
57030000 shares
CY2017 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
56715000 shares
CY2018 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
55576000 shares
CY2018 us-gaap Fiscal Period
FiscalPeriod
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The company's fiscal year ends on the Saturday nearest December&#160;31. Fiscal years </font><font style="font-family:inherit;font-size:10pt;">2018</font><font style="font-family:inherit;font-size:10pt;">, </font><font style="font-family:inherit;font-size:10pt;">2017</font><font style="font-family:inherit;font-size:10pt;">, and </font><font style="font-family:inherit;font-size:10pt;">2016</font><font style="font-family:inherit;font-size:10pt;"> ended on </font><font style="font-family:inherit;font-size:10pt;">December&#160;29, 2018</font><font style="font-family:inherit;font-size:10pt;">, </font><font style="font-family:inherit;font-size:10pt;">December&#160;30, 2017</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;">, respectively, with each year including 52 weeks.</font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"></font></div></div>

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