2019 Q4 Form 10-K Financial Statement

#000076952020000004 Filed on February 26, 2020

View on sec.gov

Income Statement

Concept 2019 Q4 2018 Q4 2018 Q3
Revenue $787.6M $756.7M $713.3M
YoY Change 4.09% 19.56% 20.28%
Cost Of Revenue $497.9M $476.1M $452.2M
YoY Change 4.58% 21.24% 24.04%
Gross Profit $289.7M $280.6M $261.2M
YoY Change 3.24% 16.83% 14.28%
Gross Profit Margin 36.78% 37.08% 36.61%
Selling, General & Admin $148.8M $139.5M $141.4M
YoY Change 6.67% 19.54% 23.09%
% of Gross Profit 51.37% 49.72% 54.13%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $26.10M $30.70M $27.83M
YoY Change -14.98% 49.76% 64.1%
% of Gross Profit 9.01% 10.94% 10.66%
Operating Expenses $148.9M $139.5M $141.4M
YoY Change 6.74% 19.43% 23.09%
Operating Profit $152.0M $140.0M $107.7M
YoY Change 8.6% 122.54% -1.61%
Interest Expense -$19.30M -$20.50M -$18.90M
YoY Change -5.85% 156.25% 231.58%
% of Operating Profit -12.69% -14.64% -17.55%
Other Income/Expense, Net $8.500M $8.800M $260.0K
YoY Change -3.41% 39.68% -75.66%
Pretax Income $141.2M $128.2M $98.02M
YoY Change 10.14% 109.48% -13.08%
Income Tax $32.20M $33.40M $25.11M
% Of Pretax Income 22.8% 26.05% 25.62%
Net Earnings $109.0M $94.84M $72.91M
YoY Change 14.93% 26.14% -2.37%
Net Earnings / Revenue 13.84% 12.53% 10.22%
Basic Earnings Per Share $1.96 $1.71 $1.31
Diluted Earnings Per Share $1.96 $1.70 $1.31
COMMON SHARES
Basic Shares Outstanding 56.14M shares 55.85M shares 55.58M shares
Diluted Shares Outstanding 55.58M shares

Balance Sheet

Concept 2019 Q4 2018 Q4 2018 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $94.50M $71.70M $76.60M
YoY Change 31.8% -20.07% 18.03%
Cash & Equivalents $94.50M $71.70M $76.59M
Short-Term Investments
Other Short-Term Assets $58.70M $69.40M $79.00M
YoY Change -15.42% -22.2% 12.22%
Inventory $585.7M $521.8M $512.8M
Prepaid Expenses
Receivables $447.6M $398.7M $410.2M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $1.209B $1.062B $1.079B
YoY Change 13.9% 13.92% 19.64%
LONG-TERM ASSETS
Property, Plant & Equipment $352.1M $314.6M $311.7M
YoY Change 11.95% 11.58% 13.21%
Goodwill $1.850B $1.743B $1.823B
YoY Change 6.11% 37.82% 57.36%
Intangibles $1.443B $1.361B $1.275B
YoY Change 6.05% 74.4% 62.16%
Long-Term Investments
YoY Change
Other Assets $110.7M $37.23M $50.41M
YoY Change 197.45% 3.11% 48.15%
Total Long-Term Assets $477.2M $384.0M $401.6M
YoY Change 24.28% 5.9% 13.26%
TOTAL ASSETS
Total Short-Term Assets $1.209B $1.062B $1.079B
Total Long-Term Assets $477.2M $384.0M $401.6M
Total Assets $5.002B $4.550B $4.579B
YoY Change 9.94% 36.23% 43.03%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $173.7M $188.3M $197.8M
YoY Change -7.76% 28.68% 36.88%
Accrued Expenses $416.6M $367.4M $373.3M
YoY Change 13.36% 14.05% 17.77%
Deferred Revenue $74.51M
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $2.894M $3.207M $3.125M
YoY Change -9.76% -37.72% -39.81%
Total Short-Term Liabilities $593.1M $559.0M $574.2M
YoY Change 6.12% 18.01% 23.04%
LONG-TERM LIABILITIES
Long-Term Debt $1.870B $1.889B $1.955B
YoY Change -0.99% 84.51% 106.79%
Other Long-Term Liabilities $169.4M $69.71M $65.95M
YoY Change 142.94% 18.45% 49.34%
Total Long-Term Liabilities $2.040B $1.959B $2.021B
YoY Change 4.14% 80.92% 104.23%
TOTAL LIABILITIES
Total Short-Term Liabilities $593.1M $559.0M $574.2M
Total Long-Term Liabilities $2.040B $1.959B $2.021B
Total Liabilities $2.633B $2.518B $2.595B
YoY Change 4.58% 61.77% 78.21%
SHAREHOLDERS EQUITY
Retained Earnings $2.361B $2.009B $1.914B
YoY Change 17.53% 18.36% 18.0%
Common Stock $145.0K $145.0K $145.0K
YoY Change 0.0% 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $451.3M $445.1M $445.1M
YoY Change 1.38% 0.0% 3.45%
Treasury Stock Shares 6.940M shares 6.889M shares 6.889B shares
Shareholders Equity $1.947B $1.665B $1.574B
YoY Change
Total Liabilities & Shareholders Equity $5.002B $4.550B $4.579B
YoY Change 9.94% 36.23% 43.03%

Cashflow Statement

Concept 2019 Q4 2018 Q4 2018 Q3
OPERATING ACTIVITIES
Net Income $109.0M $94.84M $72.91M
YoY Change 14.93% 26.14% -2.37%
Depreciation, Depletion And Amortization $26.10M $30.70M $27.83M
YoY Change -14.98% 49.76% 64.1%
Cash From Operating Activities $147.7M $116.9M $105.4M
YoY Change 26.35% 17.37% 169.57%
INVESTING ACTIVITIES
Capital Expenditures -$12.80M -$3.400M -$8.400M
YoY Change 276.47% -71.9% -64.1%
Acquisitions
YoY Change
Other Investing Activities -$42.10M -$50.30M -$3.200M
YoY Change -16.3% -65.5% -96.87%
Cash From Investing Activities -$54.90M -$53.70M -$11.60M
YoY Change 2.23% -65.99% -90.77%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -87.00M -67.50M -109.3M
YoY Change 28.89% -204.49% -248.3%
NET CHANGE
Cash From Operating Activities 147.7M 116.9M 105.4M
Cash From Investing Activities -54.90M -53.70M -11.60M
Cash From Financing Activities -87.00M -67.50M -109.3M
Net Change In Cash 5.800M -4.300M -15.50M
YoY Change -234.88% -168.25% 20.16%
FREE CASH FLOW
Cash From Operating Activities $147.7M $116.9M $105.4M
Capital Expenditures -$12.80M -$3.400M -$8.400M
Free Cash Flow $160.5M $120.3M $113.8M
YoY Change 33.42% 7.7% 82.08%

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5.71
CY2017 us-gaap Earnings Per Share Basic
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5.26
CY2019 us-gaap Earnings Per Share Diluted
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6.33
CY2018 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
5.70
CY2017 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
5.26
CY2019 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
55647000 shares
CY2018 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
55576000 shares
CY2017 us-gaap Weighted Average Number Of Shares Outstanding Basic
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56715000 shares
CY2019 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
9000 shares
CY2018 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
28000 shares
CY2017 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
4000 shares
CY2019 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
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CY2018 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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55604000 shares
CY2017 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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352240000 USD
CY2018 us-gaap Net Income Loss
NetIncomeLoss
317152000 USD
CY2017 us-gaap Net Income Loss
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7066000 USD
CY2018 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
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-43050000 USD
CY2017 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
46690000 USD
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OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
57398000 USD
CY2018 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
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CY2017 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
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29669000 USD
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-24125000 USD
CY2018 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
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868000 USD
CY2017 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
883000 USD
CY2019 us-gaap Other Comprehensive Income Loss Net Of Tax
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-74457000 USD
CY2018 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
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CY2017 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
17904000 USD
CY2019 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
277783000 USD
CY2018 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
307095000 USD
CY2017 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
316032000 USD
CY2016Q4 us-gaap Stockholders Equity
StockholdersEquity
1265318000 USD
CY2017 us-gaap Net Income Loss
NetIncomeLoss
298128000 USD
CY2017 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
46690000 USD
CY2017 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
29669000 USD
CY2017 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
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883000 USD
CY2017 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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6237000 USD
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13399000 USD
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239838000 USD
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1361148000 USD
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317152000 USD
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-43050000 USD
CY2018 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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2497000 USD
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1665203000 USD
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352240000 USD
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OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
7066000 USD
CY2019 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
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57398000 USD
CY2019 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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8133000 USD
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1850000 USD
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6144000 USD
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1946814000 USD
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317152000 USD
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298128000 USD
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103428000 USD
CY2018 us-gaap Depreciation Depletion And Amortization
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97238000 USD
CY2017 us-gaap Depreciation Depletion And Amortization
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69774000 USD
CY2019 us-gaap Share Based Compensation
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8133000 USD
CY2018 us-gaap Share Based Compensation
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2497000 USD
CY2017 us-gaap Share Based Compensation
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6237000 USD
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22212000 USD
CY2018 us-gaap Deferred Income Tax Expense Benefit
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20489000 USD
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-14492000 USD
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-28857000 USD
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-38114000 USD
CY2017 midd Net Periodic Benefit Cost Other Components
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-31728000 USD
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0 USD
CY2018 us-gaap Gain Loss On Disposition Of Assets1
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0 USD
CY2017 us-gaap Gain Loss On Disposition Of Assets1
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12042000 USD
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0 USD
CY2018 us-gaap Gain Loss On Sales Of Assets And Asset Impairment Charges
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-783000 USD
CY2017 us-gaap Gain Loss On Sales Of Assets And Asset Impairment Charges
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-3114000 USD
CY2019 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
ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill
0 USD
CY2017 us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill
58000000 USD
CY2019 midd Non Cash Restructuring
NonCashRestructuring
0 USD
CY2018 midd Non Cash Restructuring
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5637000 USD
CY2017 midd Non Cash Restructuring
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0 USD
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27748000 USD
CY2018 us-gaap Increase Decrease In Accounts Receivable
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25347000 USD
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-26180000 USD
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28288000 USD
CY2018 us-gaap Increase Decrease In Inventories
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28378000 USD
CY2017 us-gaap Increase Decrease In Inventories
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9744000 USD
CY2019 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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-5067000 USD
CY2018 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-18145000 USD
CY2017 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
34122000 USD
CY2019 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-29396000 USD
CY2018 us-gaap Increase Decrease In Accounts Payable
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13611000 USD
CY2017 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-21631000 USD
CY2019 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
634000 USD
CY2018 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
-14799000 USD
CY2017 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
-33219000 USD
CY2019 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
377425000 USD
CY2018 us-gaap Net Cash Provided By Used In Operating Activities
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368914000 USD
CY2017 us-gaap Net Cash Provided By Used In Operating Activities
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304455000 USD
CY2019 us-gaap Payments To Acquire Property Plant And Equipment
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46609000 USD
CY2018 us-gaap Payments To Acquire Property Plant And Equipment
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36040000 USD
CY2017 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
54493000 USD
CY2019 us-gaap Proceeds From Sale Of Property Held For Sale
ProceedsFromSaleOfPropertyHeldForSale
0 USD
CY2018 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
CY2019 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
0 USD
CY2018 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
5399000 USD
CY2017 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
0 USD
CY2019 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
281058000 USD
CY2018 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
1197984000 USD
CY2017 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
305251000 USD
CY2019 us-gaap Net Cash Provided By Used In Investing Activities
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-327667000 USD
CY2018 us-gaap Net Cash Provided By Used In Investing Activities
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-1239423000 USD
CY2017 us-gaap Net Cash Provided By Used In Investing Activities
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CY2019 us-gaap Proceeds From Repayments Of Lines Of Credit
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543294000 USD
CY2018 us-gaap Proceeds From Repayments Of Lines Of Credit
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1611110000 USD
CY2017 us-gaap Proceeds From Repayments Of Lines Of Credit
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758883000 USD
CY2019 us-gaap Repayments Of Lines Of Credit
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560363000 USD
CY2018 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
746281000 USD
CY2017 us-gaap Repayments Of Lines Of Credit
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CY2019 us-gaap Proceeds From Repayments Of Other Debt
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-405000 USD
CY2018 us-gaap Proceeds From Repayments Of Other Debt
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-7088000 USD
CY2017 us-gaap Proceeds From Repayments Of Other Debt
ProceedsFromRepaymentsOfOtherDebt
-1062000 USD
CY2019 us-gaap Proceeds From Repayments Of Notes Payable
ProceedsFromRepaymentsOfNotesPayable
-179000 USD
CY2018 us-gaap Proceeds From Repayments Of Notes Payable
ProceedsFromRepaymentsOfNotesPayable
-3000 USD
CY2017 us-gaap Proceeds From Repayments Of Notes Payable
ProceedsFromRepaymentsOfNotesPayable
-35000 USD
CY2019 us-gaap Proceeds From Payments For Other Financing Activities
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-1648000 USD
CY2018 us-gaap Proceeds From Payments For Other Financing Activities
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-1234000 USD
CY2017 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
0 USD
CY2019 us-gaap Payments For Repurchase Of Common Stock
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6144000 USD
CY2018 us-gaap Payments For Repurchase Of Common Stock
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0 USD
CY2017 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
239838000 USD
CY2019 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
0 USD
CY2018 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
375000 USD
CY2017 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
0 USD
CY2019 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-25445000 USD
CY2018 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
856129000 USD
CY2017 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
55836000 USD
CY2019 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-1514000 USD
CY2018 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-3573000 USD
CY2017 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
6344000 USD
CY2019 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
22799000 USD
CY2018 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-17953000 USD
CY2017 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
21169000 USD
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
71701000 USD
CY2017Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
89654000 USD
CY2016Q4 us-gaap Cash And Cash Equivalents At Carrying Value
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CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
94500000 USD
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
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71701000 USD
CY2017Q4 us-gaap Cash And Cash Equivalents At Carrying Value
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89654000 USD
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CY2018 us-gaap Stock Issued During Period Value Acquisitions
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0 USD
CY2017 us-gaap Stock Issued During Period Value Acquisitions
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13399000 USD
CY2019 us-gaap Number Of Operating Segments
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3 segment
CY2019 us-gaap Business Acquisitions Pro Forma Revenue
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3022279000 USD
CY2018 us-gaap Business Acquisitions Pro Forma Revenue
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3078487000 USD
CY2019 us-gaap Business Acquisitions Pro Forma Net Income Loss
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344823000 USD
CY2018 us-gaap Business Acquisitions Pro Forma Net Income Loss
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285642000 USD
CY2019 us-gaap Business Acquisition Pro Forma Earnings Per Share Basic
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6.20
CY2018 us-gaap Business Acquisition Pro Forma Earnings Per Share Basic
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5.14
CY2019 us-gaap Business Acquisition Pro Forma Earnings Per Share Diluted
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6.20
CY2018 us-gaap Business Acquisition Pro Forma Earnings Per Share Diluted
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5.14
CY2018Q4 us-gaap Inventory Net
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521810000 USD
CY2019 us-gaap Fiscal Period
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<div style="line-height:120%;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">The company's fiscal year ends on the Saturday nearest December 31. Fiscal years </span><span style="font-family:inherit;font-size:10pt;">2019</span><span style="font-family:inherit;font-size:10pt;">, </span><span style="font-family:inherit;font-size:10pt;">2018</span><span style="font-family:inherit;font-size:10pt;">, and </span><span style="font-family:inherit;font-size:10pt;">2017</span><span style="font-family:inherit;font-size:10pt;"> ended on </span><span style="font-family:inherit;font-size:10pt;">December 28, 2019</span><span style="font-family:inherit;font-size:10pt;">, </span><span style="font-family:inherit;font-size:10pt;">December 29, 2018</span><span style="font-family:inherit;font-size:10pt;"> and </span><span style="font-family:inherit;font-size:10pt;">December 30, 2017</span><span style="font-family:inherit;font-size:10pt;">, respectively, with each year including 52 weeks.</span></div><div style="line-height:120%;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Certain prior year amounts have been reclassified to be consistent with current year presentation, including the non-operating components of pension benefit previously reported in accrued expenses and other liabilities within the changes in assets and liabilities, net of acquisitions to an individual adjustment to reconcile net earnings to cash provided by operating activities on the Consolidated Statements of Cash Flows.</span></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div>
CY2019Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
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13600000 USD
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277394000 USD
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245976000 USD
CY2019Q4 us-gaap Inventory Work In Process Net Of Reserves
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58663000 USD
CY2018Q4 us-gaap Inventory Work In Process Net Of Reserves
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51164000 USD
CY2019Q4 us-gaap Inventory Finished Goods Net Of Reserves
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249642000 USD
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224670000 USD
CY2019Q4 us-gaap Inventory Net
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585699000 USD
CY2019Q4 us-gaap Land
Land
43467000 USD
CY2018Q4 us-gaap Land
Land
32523000 USD
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229025000 USD
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196743000 USD
CY2019Q4 us-gaap Furniture And Fixtures Gross
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67992000 USD
CY2018Q4 us-gaap Furniture And Fixtures Gross
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64586000 USD
CY2019Q4 us-gaap Machinery And Equipment Gross
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209290000 USD
CY2018Q4 us-gaap Machinery And Equipment Gross
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188454000 USD
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549774000 USD
CY2018Q4 us-gaap Property Plant And Equipment Gross
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482306000 USD
CY2019Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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197629000 USD
CY2018Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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167737000 USD
CY2019Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
352145000 USD
CY2018Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
314569000 USD
CY2019 us-gaap Depreciation
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37900000 USD
CY2018 us-gaap Depreciation
Depreciation
35800000 USD
CY2017 us-gaap Depreciation
Depreciation
29700000 USD
CY2019 us-gaap Goodwill Impairment Loss
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0 USD
CY2019Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
0 USD
CY2017Q4 us-gaap Goodwill
Goodwill
1264810000 USD
CY2018 us-gaap Goodwill Acquired During Period
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517656000 USD
CY2018 us-gaap Goodwill Purchase Accounting Adjustments
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-7238000 USD
CY2018 midd Goodwill Translation Accounting Adjustments
GoodwillTranslationAccountingAdjustments
-32053000 USD
CY2018Q4 us-gaap Goodwill
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1743175000 USD
CY2019 us-gaap Goodwill Acquired During Period
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134455000 USD
CY2019 us-gaap Goodwill Purchase Accounting Adjustments
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-31651000 USD
CY2019 midd Goodwill Translation Accounting Adjustments
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3768000 USD
CY2019Q4 us-gaap Goodwill
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1849747000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Gross
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779822000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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333507000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Gross
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710834000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
268414000 USD
CY2019 us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill
0 USD
CY2017 midd Indefinite Lived Intangible Assets Fair Value
IndefiniteLivedIntangibleAssetsFairValue
93000000.0 USD
CY2017 midd Indefinite Lived Intangible Assets Carrying Value
IndefiniteLivedIntangibleAssetsCarryingValue
151000000.0 USD
CY2017 us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill
58000000.0 USD
CY2019 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
64000000.0 USD
CY2018 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
60000000.0 USD
CY2017 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
38600000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
66177000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
62246000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
57921000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
51916000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
40456000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
167599000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
446315000 USD
CY2019Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
81541000 USD
CY2018Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
74952000 USD
CY2019Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
74511000 USD
CY2018Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
57913000 USD
CY2019Q4 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
66374000 USD
CY2018Q4 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
59451000 USD
CY2019Q4 midd Accrued Rebate Current
AccruedRebateCurrent
51709000 USD
CY2018Q4 midd Accrued Rebate Current
AccruedRebateCurrent
45740000 USD
CY2019Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
21827000 USD
CY2018Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
0 USD
CY2019Q4 us-gaap Sales And Excise Tax Payable Current
SalesAndExciseTaxPayableCurrent
19862000 USD
CY2018Q4 us-gaap Sales And Excise Tax Payable Current
SalesAndExciseTaxPayableCurrent
19452000 USD
CY2019Q4 midd Accrued Product Liability And Workers Compensation Liability Current
AccruedProductLiabilityAndWorkersCompensationLiabilityCurrent
15164000 USD
CY2018Q4 midd Accrued Product Liability And Workers Compensation Liability Current
AccruedProductLiabilityAndWorkersCompensationLiabilityCurrent
16284000 USD
CY2019Q4 us-gaap Accrued Sales Commission Current
AccruedSalesCommissionCurrent
13816000 USD
CY2018Q4 us-gaap Accrued Sales Commission Current
AccruedSalesCommissionCurrent
11969000 USD
CY2019Q4 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
13368000 USD
CY2018Q4 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
17313000 USD
CY2019Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
58378000 USD
CY2018Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
64372000 USD
CY2019Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
416550000 USD
CY2018Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
367446000 USD
CY2019Q4 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
228336000 USD
CY2018Q4 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
170938000 USD
CY2019Q4 us-gaap Accumulated Other Comprehensive Income Loss Cumulative Changes In Net Gain Loss From Cash Flow Hedges Effect Net Of Tax
AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax
-16892000 USD
CY2018Q4 us-gaap Accumulated Other Comprehensive Income Loss Cumulative Changes In Net Gain Loss From Cash Flow Hedges Effect Net Of Tax
AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax
7233000 USD
CY2019Q4 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
-105705000 USD
CY2018Q4 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
-112771000 USD
CY2019Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-350933000 USD
CY2018Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-276476000 USD
CY2017Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-266419000 USD
CY2018 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-14689000 USD
CY2018 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
3500000 USD
CY2018 us-gaap Other Comprehensive Income Loss Before Reclassifications Before Tax
OtherComprehensiveIncomeLossBeforeReclassificationsBeforeTax
-10057000 USD
CY2018Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-276476000 USD
CY2019 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-77564000 USD
CY2019 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
3096000 USD
CY2019 us-gaap Other Comprehensive Income Loss Before Reclassifications Before Tax
OtherComprehensiveIncomeLossBeforeReclassificationsBeforeTax
-74457000 USD
CY2019Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-350933000 USD
CY2019Q4 midd Accumulated Other Comprehensiveincome Loss Defined Benefit Plan Tax
AccumulatedOtherComprehensiveincomeLossDefinedBenefitPlanTax
-48600000 USD
CY2019Q4 midd Accumulated Other Comprehensive Income Loss Cumulative Changesin Net Gain Lossfrom Cash Flow Hedges Tax
AccumulatedOtherComprehensiveIncomeLossCumulativeChangesinNetGainLossfromCashFlowHedgesTax
-6000000.0 USD
CY2019 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax
-11900000 USD
CY2019 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax
-8500000 USD
CY2019 us-gaap Cumulative Effect On Retained Earnings Net Of Tax1
CumulativeEffectOnRetainedEarningsNetOfTax1
-100000 USD
CY2019 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-900000 USD
CY2018 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-2600000 USD
CY2017 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
2400000 USD
CY2018Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
59451000 USD
CY2017Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
52834000 USD
CY2019 us-gaap Product Warranty Accrual Additions From Business Acquisition
ProductWarrantyAccrualAdditionsFromBusinessAcquisition
7353000 USD
CY2018 us-gaap Product Warranty Accrual Additions From Business Acquisition
ProductWarrantyAccrualAdditionsFromBusinessAcquisition
5884000 USD
CY2019 us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
68842000 USD
CY2018 us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
62314000 USD
CY2019 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
69272000 USD
CY2018 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
61581000 USD
CY2019Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
66374000 USD
CY2018Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
59451000 USD
CY2019 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
41200000 USD
CY2018 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
35300000 USD
CY2017 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
29100000 USD
CY2019 us-gaap Share Based Compensation
ShareBasedCompensation
8100000 USD
CY2018 us-gaap Share Based Compensation
ShareBasedCompensation
2500000 USD
CY2017 us-gaap Share Based Compensation
ShareBasedCompensation
6200000 USD
CY2019 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
500000 USD
CY2018 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
100000 USD
CY2017 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
2400000 USD
CY2019Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
52300000 USD
CY2019 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P1Y7M24D
CY2019 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
9000 shares
CY2018 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
28000 shares
CY2017 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
4000 shares
CY2019 us-gaap Interest Paid
InterestPaid
80900000 USD
CY2018 us-gaap Interest Paid
InterestPaid
55300000 USD
CY2017 us-gaap Interest Paid
InterestPaid
25900000 USD
CY2019 us-gaap Income Taxes Paid
IncomeTaxesPaid
91500000 USD
CY2018 us-gaap Income Taxes Paid
IncomeTaxesPaid
79000000.0 USD
CY2017 us-gaap Income Taxes Paid
IncomeTaxesPaid
123300000 USD
CY2019 us-gaap New Accounting Pronouncement Or Change In Accounting Principle Effect Of Adoption Quantification
NewAccountingPronouncementOrChangeInAccountingPrincipleEffectOfAdoptionQuantification
96800000 USD
CY2019Q4 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
22675000 USD
CY2018Q4 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
14048000 USD
CY2019 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2959446000 USD
CY2018 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2722931000 USD
CY2017 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2335542000 USD
CY2019Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
74511000 USD
CY2018Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
57913000 USD
CY2019Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
12870000 USD
CY2018Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
12170000 USD
CY2019 us-gaap Contract With Customer Asset Reclassified To Receivable
ContractWithCustomerAssetReclassifiedToReceivable
9100000 USD
CY2019 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
51800000 USD
CY2019 us-gaap Increase Decrease In Deferred Revenue And Customer Advances And Deposits
IncreaseDecreaseInDeferredRevenueAndCustomerAdvancesAndDeposits
71400000 USD
CY2019 us-gaap Capitalized Contract Cost Impairment Loss
CapitalizedContractCostImpairmentLoss
0 USD
CY2019Q4 us-gaap Line Of Credit
LineOfCredit
1869402000 USD
CY2018Q4 us-gaap Line Of Credit
LineOfCredit
1887764000 USD
CY2019Q4 us-gaap Other Long Term Debt
OtherLongTermDebt
116000 USD
CY2018Q4 us-gaap Other Long Term Debt
OtherLongTermDebt
175000 USD
CY2019Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
1873140000 USD
CY2018Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
1892105000 USD
CY2019Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
2894000 USD
CY2018Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
3207000 USD
CY2019Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
1870246000 USD
CY2018Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
1888898000 USD
CY2019Q4 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
2500000000 USD
CY2018 us-gaap Line Of Credit Facility Increase Decrease For Period Net
LineOfCreditFacilityIncreaseDecreaseForPeriodNet
500000000.0 USD
CY2019Q4 midd Lineof Credit Facility Potential Additional Borrowing Capacity
LineofCreditFacilityPotentialAdditionalBorrowingCapacity
3000000000.0 USD
CY2019Q4 us-gaap Line Of Credit
LineOfCredit
1900000000 USD
CY2019Q4 midd Lineof Credit Facility Outstanding Amount Usd Borrowings
LineofCreditFacilityOutstandingAmountUSDBorrowings
1800000000 USD
CY2019Q4 midd Lineof Credit Facility Amount Outstanding Eur Borrowings
LineofCreditFacilityAmountOutstandingEURBorrowings
47900000 USD
CY2019Q4 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
13300000 USD
CY2019Q4 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
1100000000 USD
CY2019 midd Debt Instrument Interest Additional Interest Above Libor Rate
DebtInstrumentInterestAdditionalInterestAboveLiborRate
0.01625
CY2019 midd Debt Instrument Interest Additional Interest Above Libor Rate Alternative
DebtInstrumentInterestAdditionalInterestAboveLIBORRateAlternative
0.00625
CY2019 midd Debt Instrument Interest Additional Interest Above Fed Funds Rate
DebtInstrumentInterestAdditionalInterestAboveFedFundsRate
0.0050
CY2019 us-gaap Debt Instrument Interest Rate Increase Decrease
DebtInstrumentInterestRateIncreaseDecrease
0.0100
CY2019Q4 midd Line Of Credit Average Interest Rate
LineOfCreditAverageInterestRate
0.0337
CY2019 us-gaap Line Of Credit Facility Commitment Fee Percentage
LineOfCreditFacilityCommitmentFeePercentage
0.0025
CY2019Q4 midd Lineofcredit Currentand Noncurrent Foreign
LineofcreditCurrentandNoncurrentForeign
3600000 USD
CY2019Q4 us-gaap Line Of Credit Facility Interest Rate At Period End
LineOfCreditFacilityInterestRateAtPeriodEnd
0.0518
CY2019Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
1873140000 USD
CY2019Q4 us-gaap Debt Instrument Fair Value
DebtInstrumentFairValue
1873140000 USD
CY2018Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
1892105000 USD
CY2018Q4 us-gaap Debt Instrument Fair Value
DebtInstrumentFairValue
1892105000 USD
CY2019Q4 midd Derivative Notional Amount Non Current
DerivativeNotionalAmountNonCurrent
897000000.0 USD
CY2019Q4 midd Derivative Fixed Interest Rate Non Current
DerivativeFixedInterestRateNonCurrent
0.0227
CY2019 midd Debt Instrument Interest Coverage Ratio Range Low
DebtInstrumentInterestCoverageRatioRangeLow
3.00
CY2019 midd Debt Instrument Interest Coverage Ratio Range High
DebtInstrumentInterestCoverageRatioRangeHigh
1.00
CY2019 midd Debt Instrument Leverage Ratio Range Low
DebtInstrumentLeverageRatioRangeLow
4.00
CY2019 midd Debt Instrument Leverage Ratio Range High
DebtInstrumentLeverageRatioRangeHigh
1.00
CY2019 midd Debt Instrument Qualified Leverage Ratio Range Low
DebtInstrumentQualifiedLeverageRatioRangeLow
4.50
CY2019 midd Debt Instrument Qualified Leverage Ratio Range High
DebtInstrumentQualifiedLeverageRatioRangeHigh
1.00
CY2019Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
2894000 USD
CY2019Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
378000 USD
CY2019Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
302000 USD
CY2019Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
82000 USD
CY2019Q4 midd Long Term Debt Maturities Repayments Of Principal In Year Five And Thereafter
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFiveAndThereafter
1869484000 USD
CY2019Q4 us-gaap Long Term Debt
LongTermDebt
1873140000 USD
CY2019Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
95000000 shares
CY2018Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
2000000 shares
CY2019Q4 us-gaap Stock Repurchase Program Remaining Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramRemainingNumberOfSharesAuthorizedToBeRepurchased
2373800 shares
CY2019 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
16500000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
336688000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
328870000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
290866000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
125931000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
94643000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
92663000 USD
CY2019 midd Income Loss From Continuing Operations Before Income Taxes
IncomeLossFromContinuingOperationsBeforeIncomeTaxes
462619000 USD
CY2018 midd Income Loss From Continuing Operations Before Income Taxes
IncomeLossFromContinuingOperationsBeforeIncomeTaxes
423513000 USD
CY2017 midd Income Loss From Continuing Operations Before Income Taxes
IncomeLossFromContinuingOperationsBeforeIncomeTaxes
383529000 USD
CY2019 us-gaap Federal Income Tax Expense Benefit Continuing Operations
FederalIncomeTaxExpenseBenefitContinuingOperations
69074000 USD
CY2018 us-gaap Federal Income Tax Expense Benefit Continuing Operations
FederalIncomeTaxExpenseBenefitContinuingOperations
66359000 USD
CY2017 us-gaap Federal Income Tax Expense Benefit Continuing Operations
FederalIncomeTaxExpenseBenefitContinuingOperations
48688000 USD
CY2019 us-gaap State And Local Income Tax Expense Benefit Continuing Operations
StateAndLocalIncomeTaxExpenseBenefitContinuingOperations
16203000 USD
CY2018 us-gaap State And Local Income Tax Expense Benefit Continuing Operations
StateAndLocalIncomeTaxExpenseBenefitContinuingOperations
16035000 USD
CY2017 us-gaap State And Local Income Tax Expense Benefit Continuing Operations
StateAndLocalIncomeTaxExpenseBenefitContinuingOperations
9076000 USD
CY2019 us-gaap Foreign Income Tax Expense Benefit Continuing Operations
ForeignIncomeTaxExpenseBenefitContinuingOperations
25102000 USD
CY2018 us-gaap Foreign Income Tax Expense Benefit Continuing Operations
ForeignIncomeTaxExpenseBenefitContinuingOperations
23967000 USD
CY2017 us-gaap Foreign Income Tax Expense Benefit Continuing Operations
ForeignIncomeTaxExpenseBenefitContinuingOperations
27637000 USD
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
110379000 USD
CY2018 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
106361000 USD
CY2017 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
85401000 USD
CY2019 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
88167000 USD
CY2018 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
85872000 USD
CY2017 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
99893000 USD
CY2019 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
22212000 USD
CY2018 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
20489000 USD
CY2017 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-14492000 USD
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
110379000 USD
CY2018 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
106361000 USD
CY2017 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
85401000 USD
CY2019 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2018 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2017 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.350
CY2019 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.032
CY2018 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.030
CY2017 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.015
CY2019 us-gaap Effective Income Tax Rate Reconciliation Tax Credits
EffectiveIncomeTaxRateReconciliationTaxCredits
0
CY2018 us-gaap Effective Income Tax Rate Reconciliation Tax Credits
EffectiveIncomeTaxRateReconciliationTaxCredits
0
CY2017 us-gaap Effective Income Tax Rate Reconciliation Tax Credits
EffectiveIncomeTaxRateReconciliationTaxCredits
0.021
CY2019 midd Effective Income Tax Rate Reconciliation Permanent Book Versus Tax Differences
EffectiveIncomeTaxRateReconciliationPermanentBookVersusTaxDifferences
0.006
CY2018 midd Effective Income Tax Rate Reconciliation Permanent Book Versus Tax Differences
EffectiveIncomeTaxRateReconciliationPermanentBookVersusTaxDifferences
0.002
CY2017 midd Effective Income Tax Rate Reconciliation Permanent Book Versus Tax Differences
EffectiveIncomeTaxRateReconciliationPermanentBookVersusTaxDifferences
-0.007
CY2019 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
0.002
CY2018 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
0.013
CY2017 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.016
CY2019 midd Effective Income Tax Rate Reconciliation Tax Cutsand Job Actof2017deferredtaxchanges
EffectiveIncomeTaxRateReconciliationTaxCutsandJobActof2017deferredtaxchanges
0
CY2018 midd Effective Income Tax Rate Reconciliation Tax Cutsand Job Actof2017deferredtaxchanges
EffectiveIncomeTaxRateReconciliationTaxCutsandJobActof2017deferredtaxchanges
0.002
CY2017 midd Effective Income Tax Rate Reconciliation Tax Cutsand Job Actof2017deferredtaxchanges
EffectiveIncomeTaxRateReconciliationTaxCutsandJobActof2017deferredtaxchanges
-0.100
CY2019 midd Effective Income Tax Rate Reconciliation Tax Cutsand Jobs Actof2017transitiontax
EffectiveIncomeTaxRateReconciliationTaxCutsandJobsActof2017transitiontax
0
CY2018 midd Effective Income Tax Rate Reconciliation Tax Cutsand Jobs Actof2017transitiontax
EffectiveIncomeTaxRateReconciliationTaxCutsandJobsActof2017transitiontax
-0.001
CY2017 midd Effective Income Tax Rate Reconciliation Tax Cutsand Jobs Actof2017transitiontax
EffectiveIncomeTaxRateReconciliationTaxCutsandJobsActof2017transitiontax
0.020
CY2019 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
0.001
CY2018 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
-0.005
CY2017 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
-0.020
CY2019 us-gaap Effective Income Tax Rate Reconciliation Repatriation Of Foreign Earnings
EffectiveIncomeTaxRateReconciliationRepatriationOfForeignEarnings
0.003
CY2018 us-gaap Effective Income Tax Rate Reconciliation Repatriation Of Foreign Earnings
EffectiveIncomeTaxRateReconciliationRepatriationOfForeignEarnings
0
CY2017 us-gaap Effective Income Tax Rate Reconciliation Repatriation Of Foreign Earnings
EffectiveIncomeTaxRateReconciliationRepatriationOfForeignEarnings
0.015
CY2019 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.015
CY2018 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0
CY2017 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.013
CY2019 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.239
CY2018 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.251
CY2017 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.223
CY2019 us-gaap Effective Income Tax Rate Continuing Operations
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0.239
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