2017 Q4 Form 10-K Financial Statement

#000008943918000010 Filed on February 28, 2018

View on sec.gov

Income Statement

Concept 2017 Q4 2017 Q3 2017 Q2
Revenue $523.5M $550.4M $577.9M
YoY Change 10.88% 1.16% 8.47%
Cost Of Revenue $446.9M $471.3M $488.4M
YoY Change 5.24% 3.33% 9.44%
Gross Profit $66.91M $79.10M $89.49M
YoY Change -12.0% -10.12% 3.46%
Gross Profit Margin 12.78% 14.37% 15.49%
Selling, General & Admin $36.10M $33.21M $35.57M
YoY Change 11.38% -3.77% -0.63%
% of Gross Profit 53.96% 41.99% 39.75%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $8.500M $8.266M $8.355M
YoY Change -5.72% -8.77% -7.17%
% of Gross Profit 12.7% 10.45% 9.34%
Operating Expenses $44.80M $33.21M $35.57M
YoY Change 38.22% -3.77% -20.24%
Operating Profit $22.11M $37.48M $45.56M
YoY Change -41.03% -15.65% 8.74%
Interest Expense -$15.00M $5.237M $2.531M
YoY Change -919.67% 209.52% -215.05%
% of Operating Profit -67.85% 13.97% 5.55%
Other Income/Expense, Net -$4.900M -$380.0K $594.0K
YoY Change -4183.33% -173.79% 197.0%
Pretax Income $10.90M $31.86M $43.63M
YoY Change -69.53% -26.34% 9.34%
Income Tax $16.70M $8.716M $11.93M
% Of Pretax Income 153.21% 27.35% 27.34%
Net Earnings $5.720M $22.26M $29.99M
YoY Change -66.98% -19.93% 4.85%
Net Earnings / Revenue 1.09% 4.04% 5.19%
Basic Earnings Per Share $0.10 $0.39 $0.53
Diluted Earnings Per Share $0.10 $0.39 $0.52
COMMON SHARES
Basic Shares Outstanding 57.81M shares 56.99M shares 56.78M shares
Diluted Shares Outstanding 57.44M shares 57.44M shares

Balance Sheet

Concept 2017 Q4 2017 Q3 2017 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $120.3M $167.6M $146.9M
YoY Change -59.6% -40.82% -45.61%
Cash & Equivalents $120.3M $106.3M $146.9M
Short-Term Investments
Other Short-Term Assets $46.15M $25.69M $45.14M
YoY Change 3.24% -5.89% 32.38%
Inventory $327.9M $284.1M $252.0M
Prepaid Expenses
Receivables $244.8M $276.7M $312.1M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $739.1M $692.8M $756.1M
YoY Change -17.35% -19.97% -7.88%
LONG-TERM ASSETS
Property, Plant & Equipment $304.3M $283.8M $296.4M
YoY Change 3.08% -4.72% 6.41%
Goodwill $130.3M $139.4M $124.3M
YoY Change 5.08%
Intangibles $42.01M $36.94M $35.57M
YoY Change 16.15%
Long-Term Investments $76.40M $75.20M $73.40M
YoY Change -3.54% 7.28% 6.69%
Other Assets $28.00M $22.50M $19.26M
YoY Change 35.6% 16.58% -38.26%
Total Long-Term Assets $581.1M $556.4M $548.8M
YoY Change 5.04% 0.29% 1.6%
TOTAL ASSETS
Total Short-Term Assets $739.1M $692.8M $756.1M
Total Long-Term Assets $581.1M $556.4M $548.8M
Total Assets $1.320B $1.249B $1.305B
YoY Change -8.79% -12.06% -4.12%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $102.5M $125.0M $117.3M
YoY Change -0.65% 18.96% 19.28%
Accrued Expenses $33.50M $30.90M $28.30M
YoY Change -2.62% -0.96% 1.07%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $16.50M $14.60M $14.90M
YoY Change -2.37% -9.88% 223.91%
Total Short-Term Liabilities $242.3M $245.2M $231.7M
YoY Change 10.62% 12.46% 14.36%
LONG-TERM LIABILITIES
Long-Term Debt $448.6M $388.8M $489.8M
YoY Change 109.91% 82.03% 137.76%
Other Long-Term Liabilities $21.49M $12.01M $6.447M
YoY Change 241.92% -78.75% -88.81%
Total Long-Term Liabilities $470.1M $400.8M $496.2M
YoY Change 113.68% 48.4% 88.25%
TOTAL LIABILITIES
Total Short-Term Liabilities $242.3M $245.2M $231.7M
Total Long-Term Liabilities $470.1M $400.8M $496.2M
Total Liabilities $784.1M $719.2M $798.2M
YoY Change 53.44% 31.29% 57.68%
SHAREHOLDERS EQUITY
Retained Earnings $743.5M $743.6M $705.2M
YoY Change -34.89%
Common Stock $802.0K $802.0K $802.0K
YoY Change 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $445.7M $445.7M $449.3M
YoY Change -1.02%
Treasury Stock Shares 4.700M shares
Shareholders Equity $522.1M $516.9M $467.9M
YoY Change
Total Liabilities & Shareholders Equity $1.320B $1.249B $1.305B
YoY Change -8.79% -12.06% -4.12%

Cashflow Statement

Concept 2017 Q4 2017 Q3 2017 Q2
OPERATING ACTIVITIES
Net Income $5.720M $22.26M $29.99M
YoY Change -66.98% -19.93% 4.85%
Depreciation, Depletion And Amortization $8.500M $8.266M $8.355M
YoY Change -5.72% -8.77% -7.17%
Cash From Operating Activities -$9.500M $23.90M -$11.42M
YoY Change -133.1% -24.37% -210.89%
INVESTING ACTIVITIES
Capital Expenditures -$28.80M -$4.600M -$7.300M
YoY Change 433.33% 6.98% 23.73%
Acquisitions $0.00
YoY Change
Other Investing Activities $600.0K $400.0K $200.0K
YoY Change -82.35% -102.27% 100.0%
Cash From Investing Activities -$28.30M -$4.200M -$5.709M
YoY Change 1389.47% -80.91% -1.57%
FINANCING ACTIVITIES
Cash Dividend Paid $179.8M
YoY Change
Common Stock Issuance & Retirement, Net $0.00
YoY Change
Debt Paid & Issued, Net $306.0K
YoY Change
Cash From Financing Activities 55.60M -4.800M -$188.4M
YoY Change -605.45% -184.21% 1970.23%
NET CHANGE
Cash From Operating Activities -9.500M 23.90M -$11.42M
Cash From Investing Activities -28.30M -4.200M -$5.709M
Cash From Financing Activities 55.60M -4.800M -$188.4M
Net Change In Cash 17.80M 14.90M -$205.5M
YoY Change 12.66% -2.61% 4367.87%
FREE CASH FLOW
Cash From Operating Activities -$9.500M $23.90M -$11.42M
Capital Expenditures -$28.80M -$4.600M -$7.300M
Free Cash Flow $19.30M $28.50M -$4.122M
YoY Change -43.4% -20.61% -125.44%

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3800000 USD
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5200000 USD
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5100000 USD
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33944000 USD
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1400000 USD
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5300000 USD
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33546000 USD
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100000 USD
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0 USD
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972000 USD
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556600000 USD
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174710000 USD
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79600000 USD
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75600000 USD
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3720000 USD
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130400000 USD
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139200000 USD
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58334000 USD
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3338000 USD
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2851000 USD
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3253000 USD
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400000 USD
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1491000 USD
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651000 USD
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624000 USD
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3852000 USD
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2448000 USD
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49405000 USD
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76876000 USD
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131789000 USD
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146030000 USD
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49405000 USD
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0 USD
CY2016 us-gaap Goodwill Impairment Loss
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0 USD
CY2017 us-gaap Goodwill Impairment Loss
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us-gaap Gross Profit
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CY2016Q4 us-gaap Gross Profit
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76029000 USD
CY2017Q2 us-gaap Gross Profit
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89493000 USD
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89955000 USD
CY2017Q3 us-gaap Gross Profit
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79101000 USD
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66907000 USD
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121614000 USD
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126972000 USD
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
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10175000 USD
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
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42454000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
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50096000 USD
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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131789000 USD
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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146030000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
126972000 USD
CY2015 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
0 USD
CY2016 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
1861000 USD
CY2017 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-2077000 USD
CY2015 us-gaap Income Tax Examination Penalties And Interest Expense
IncomeTaxExaminationPenaltiesAndInterestExpense
0 USD
CY2016 us-gaap Income Tax Examination Penalties And Interest Expense
IncomeTaxExaminationPenaltiesAndInterestExpense
0 USD
CY2017 us-gaap Income Tax Examination Penalties And Interest Expense
IncomeTaxExaminationPenaltiesAndInterestExpense
0 USD
CY2015 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
43382000 USD
CY2016 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
48137000 USD
CY2017 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
37884000 USD
CY2017Q4 us-gaap Income Tax Expense Benefit Continuing Operations Adjustment Of Deferred Tax Asset Liability
IncomeTaxExpenseBenefitContinuingOperationsAdjustmentOfDeferredTaxAssetLiability
4300000 USD
CY2015 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
0 USD
CY2016 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
0 USD
CY2017 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
-12067000 USD
CY2015 us-gaap Income Tax Reconciliation Deductions Qualified Production Activities
IncomeTaxReconciliationDeductionsQualifiedProductionActivities
3500000 USD
CY2016 us-gaap Income Tax Reconciliation Deductions Qualified Production Activities
IncomeTaxReconciliationDeductionsQualifiedProductionActivities
3063000 USD
CY2017 us-gaap Income Tax Reconciliation Deductions Qualified Production Activities
IncomeTaxReconciliationDeductionsQualifiedProductionActivities
1575000 USD
CY2015 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-654000 USD
CY2016 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-4092000 USD
CY2017 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-6026000 USD
CY2015 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
46126000 USD
CY2016 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
51110000 USD
CY2017 us-gaap Income Tax Reconciliation Nondeductible Expense Impairment Losses
IncomeTaxReconciliationNondeductibleExpenseImpairmentLosses
0 USD
CY2015 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
2309000 USD
CY2016 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
1826000 USD
CY2017 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
1028000 USD
CY2015 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
2673000 USD
CY2016 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
1982000 USD
CY2017 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
1135000 USD
CY2015 us-gaap Income Taxes Paid
IncomeTaxesPaid
49900000 USD
CY2016 us-gaap Income Taxes Paid
IncomeTaxesPaid
40100000 USD
CY2017 us-gaap Income Taxes Paid
IncomeTaxesPaid
42500000 USD
CY2015 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-51660000 USD
CY2016 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
16502000 USD
CY2017 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
1779000 USD
CY2015 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-41086000 USD
CY2016 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-6662000 USD
CY2017 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
86286000 USD
CY2015 us-gaap Increase Decrease In Operating Liabilities
IncreaseDecreaseInOperatingLiabilities
-45585000 USD
CY2016 us-gaap Increase Decrease In Operating Liabilities
IncreaseDecreaseInOperatingLiabilities
5646000 USD
CY2017 us-gaap Increase Decrease In Operating Liabilities
IncreaseDecreaseInOperatingLiabilities
10678000 USD
CY2015 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-12449000 USD
CY2016 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-5808000 USD
CY2017 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
5325000 USD
CY2015 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-1607000 USD
CY2016 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-1588000 USD
CY2017 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
833000 USD
CY2015 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
436000 USD
CY2016 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
1518000 USD
CY2017 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
64000 USD
CY2015 us-gaap Increase Decrease In Restricted Cash
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-4333000 USD
CY2016 us-gaap Increase Decrease In Restricted Cash
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5331000 USD
CY2017 us-gaap Increase Decrease In Restricted Cash
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-2858000 USD
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36168000 USD
CY2017Q4 us-gaap Intangible Assets Net Excluding Goodwill
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42008000 USD
CY2015 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
668000 USD
CY2016 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
362000 USD
CY2017 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
214000 USD
CY2015 us-gaap Interest Expense
InterestExpense
7667000 USD
CY2016 us-gaap Interest Expense
InterestExpense
7387000 USD
CY2017 us-gaap Interest Expense
InterestExpense
19502000 USD
CY2015 us-gaap Interest Expense Debt
InterestExpenseDebt
8335000 USD
CY2016 us-gaap Interest Expense Debt
InterestExpenseDebt
7749000 USD
CY2017 us-gaap Interest Expense Debt
InterestExpenseDebt
19716000 USD
CY2015 us-gaap Interest Paid
InterestPaid
8100000 USD
CY2016 us-gaap Interest Paid
InterestPaid
7100000 USD
CY2017 us-gaap Interest Paid
InterestPaid
13800000 USD
CY2016Q4 us-gaap Inventory Adjustments
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6889000 USD
CY2017Q4 us-gaap Inventory Adjustments
InventoryAdjustments
6797000 USD
CY2016Q4 us-gaap Inventory Finished Goods
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149288000 USD
CY2017Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
180143000 USD
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242013000 USD
CY2017Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1320173000 USD
CY2016Q4 us-gaap Liabilities Current
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218992000 USD
CY2017Q4 us-gaap Liabilities Current
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242252000 USD
CY2017Q4 us-gaap Long Term Debt
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466247000 USD
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25978000 USD
CY2016Q4 us-gaap Net Income Loss
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17322000 USD
CY2016 us-gaap Net Income Loss
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99727000 USD
CY2017Q2 us-gaap Net Income Loss
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29987000 USD
CY2017Q4 us-gaap Inventory Net
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327901000 USD
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57387000 USD
CY2017Q4 us-gaap Inventory Raw Materials And Supplies
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108397000 USD
CY2016Q4 us-gaap Inventory Work In Process
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42227000 USD
CY2017Q4 us-gaap Inventory Work In Process
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46158000 USD
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1029000 USD
CY2016 us-gaap Investment Income Interest
InvestmentIncomeInterest
1185000 USD
CY2017 us-gaap Investment Income Interest
InvestmentIncomeInterest
684000 USD
CY2016Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
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77110000 USD
CY2017Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
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76434000 USD
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14400000 USD
CY2017Q4 us-gaap Lifo Inventory Amount
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26500000 USD
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511039000 USD
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784145000 USD
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1447476000 USD
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286629000 USD
CY2017Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
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16480000 USD
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LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
222000 USD
CY2017Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
160472000 USD
CY2017Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
1222000 USD
CY2017Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
1222000 USD
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213709000 USD
CY2017Q4 us-gaap Long Term Debt Noncurrent
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448592000 USD
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37753000 USD
CY2017Q4 us-gaap Minority Interest
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13917000 USD
CY2015 us-gaap Multiemployer Plan Period Contributions
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1100000 USD
CY2016 us-gaap Multiemployer Plan Period Contributions
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1100000 USD
CY2017 us-gaap Multiemployer Plan Period Contributions
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1100000 USD
CY2015 us-gaap Net Cash Provided By Used In Financing Activities
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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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CY2015 us-gaap Net Cash Provided By Used In Investing Activities
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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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CY2015 us-gaap Net Cash Provided By Used In Operating Activities
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159609000 USD
CY2016 us-gaap Net Cash Provided By Used In Operating Activities
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157777000 USD
CY2017 us-gaap Net Cash Provided By Used In Operating Activities
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43995000 USD
CY2015 us-gaap Net Income Loss
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87864000 USD
us-gaap Net Income Loss
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28630000 USD
CY2016Q3 us-gaap Net Income Loss
NetIncomeLoss
27797000 USD
CY2017Q3 us-gaap Net Income Loss
NetIncomeLoss
27633000 USD
CY2017Q3 us-gaap Net Income Loss
NetIncomeLoss
22258000 USD
CY2017Q4 us-gaap Net Income Loss
NetIncomeLoss
5720000 USD
CY2017 us-gaap Net Income Loss
NetIncomeLoss
85598000 USD
CY2015 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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543000 USD
CY2016 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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27000 USD
CY2017 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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1413000 USD
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280224000 USD
CY2016Q4 us-gaap Noncurrent Assets
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295231000 USD
CY2017Q4 us-gaap Noncurrent Assets
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304321000 USD
CY2017Q4 us-gaap Stockholders Equity
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522111000 USD
CY2015 us-gaap Number Of Reportable Segments
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2 reportable_segment
CY2016 us-gaap Number Of Reportable Segments
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3 reportable_segment
CY2015 us-gaap Operating Income Loss
OperatingIncomeLoss
137268000 USD
CY2016 us-gaap Operating Income Loss
OperatingIncomeLoss
152713000 USD
CY2017 us-gaap Operating Income Loss
OperatingIncomeLoss
151957000 USD
CY2017Q4 us-gaap Operating Loss Carryforwards
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13500000 USD
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44702000 USD
CY2017Q4 us-gaap Other Assets Current
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46150000 USD
CY2016Q4 us-gaap Other Assets Noncurrent
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20651000 USD
CY2017Q4 us-gaap Other Assets Noncurrent
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28002000 USD
CY2016 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
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CY2017 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
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17478000 USD
CY2015 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
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-1056000 USD
CY2016 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
1709000 USD
CY2017 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
1147000 USD
CY2015 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax
-575000 USD
CY2016 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax
917000 USD
CY2017 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax
541000 USD
CY2015 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-19108000 USD
CY2016 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-27767000 USD
CY2017 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
13174000 USD
CY2015 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-13478000 USD
CY2016 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-14541000 USD
CY2017 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
17272000 USD
CY2015 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-6735000 USD
CY2016 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-5383000 USD
CY2017 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-2436000 USD
CY2015 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
-3221000 USD
CY2016 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
-2606000 USD
CY2017 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
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CY2016Q4 us-gaap Other Liabilities Current
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67041000 USD
CY2017Q4 us-gaap Other Liabilities Current
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89723000 USD
CY2016Q4 us-gaap Other Liabilities Noncurrent
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6284000 USD
CY2017Q4 us-gaap Other Liabilities Noncurrent
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21486000 USD
CY2015 us-gaap Other Nonoperating Income
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1205000 USD
CY2016 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
798000 USD
CY2017 us-gaap Other Nonoperating Income
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1117000 USD
CY2015 us-gaap Other Nonoperating Income Expense
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2234000 USD
CY2016 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
1983000 USD
CY2017 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
1801000 USD
CY2016Q4 us-gaap Other Postretirement Defined Benefit Plan Liabilities Noncurrent
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16383000 USD
CY2017Q4 us-gaap Other Postretirement Defined Benefit Plan Liabilities Noncurrent
OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent
17107000 USD
CY2015 us-gaap Payments Of Debt Issuance Costs
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0 USD
CY2016 us-gaap Payments Of Debt Issuance Costs
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957000 USD
CY2017 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
0 USD
CY2015 us-gaap Payments Of Dividends
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16903000 USD
CY2016 us-gaap Payments Of Dividends
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21224000 USD
CY2017 us-gaap Payments Of Dividends
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196944000 USD
CY2015 us-gaap Payments Of Dividends Minority Interest
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0 USD
CY2016 us-gaap Payments Of Dividends Minority Interest
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3765000 USD
CY2017 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
2909000 USD
CY2015 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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105944000 USD
CY2016 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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20533000 USD
CY2017 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
18396000 USD
CY2015 us-gaap Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
65900000 USD
CY2016 us-gaap Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
0 USD
CY2017 us-gaap Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
3317000 USD
CY2015 us-gaap Payments To Acquire Productive Assets
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28834000 USD
CY2016 us-gaap Payments To Acquire Productive Assets
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37497000 USD
CY2017 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
46131000 USD
CY2016Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
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14890000 USD
CY2017Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
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11606000 USD
CY2016Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
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1
CY2017Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
1
CY2016Q4 us-gaap Preferred Stock Shares Authorized
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5000000 shares
CY2017Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000 shares
CY2016Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2017Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2016Q4 us-gaap Preferred Stock Value
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0 USD
CY2017Q4 us-gaap Preferred Stock Value
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0 USD
CY2015 us-gaap Proceeds From Insurance Premiums Collected
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0 USD
CY2016 us-gaap Proceeds From Insurance Premiums Collected
ProceedsFromInsurancePremiumsCollected
0 USD
CY2017 us-gaap Proceeds From Insurance Premiums Collected
ProceedsFromInsurancePremiumsCollected
500000 USD
CY2015 us-gaap Proceeds From Repayments Of Debt
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CY2016 us-gaap Proceeds From Repayments Of Debt
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2265000 USD
CY2017 us-gaap Proceeds From Repayments Of Debt
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CY2015 us-gaap Proceeds From Repayments Of Long Term Debt And Capital Securities
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0 USD
CY2016 us-gaap Proceeds From Repayments Of Long Term Debt And Capital Securities
ProceedsFromRepaymentsOfLongTermDebtAndCapitalSecurities
3500000 USD
CY2017 us-gaap Proceeds From Repayments Of Long Term Debt And Capital Securities
ProceedsFromRepaymentsOfLongTermDebtAndCapitalSecurities
71475000 USD
CY2015 us-gaap Proceeds From Sale Of Property Plant And Equipment
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5538000 USD
CY2016 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
10304000 USD
CY2017 us-gaap Proceeds From Sale Of Property Plant And Equipment
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31564000 USD
CY2015 us-gaap Profit Loss
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88407000 USD
us-gaap Profit Loss
ProfitLoss
28665000 USD
CY2016Q3 us-gaap Profit Loss
ProfitLoss
28259000 USD
CY2016Q4 us-gaap Profit Loss
ProfitLoss
26062000 USD
CY2016Q4 us-gaap Profit Loss
ProfitLoss
16768000 USD
CY2016 us-gaap Profit Loss
ProfitLoss
99754000 USD
CY2017Q2 us-gaap Profit Loss
ProfitLoss
30455000 USD
CY2017Q3 us-gaap Profit Loss
ProfitLoss
27833000 USD
CY2017Q3 us-gaap Profit Loss
ProfitLoss
22754000 USD
CY2017Q4 us-gaap Profit Loss
ProfitLoss
5969000 USD
CY2017 us-gaap Profit Loss
ProfitLoss
87011000 USD
CY2015 us-gaap Property Plant And Equipment Additions
PropertyPlantAndEquipmentAdditions
71012000 USD
CY2016 us-gaap Property Plant And Equipment Additions
PropertyPlantAndEquipmentAdditions
61688000 USD
CY2017 us-gaap Property Plant And Equipment Additions
PropertyPlantAndEquipmentAdditions
48155000 USD
CY2016Q4 us-gaap Property Plant And Equipment Gross
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802530000 USD
CY2017Q4 us-gaap Property Plant And Equipment Gross
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822208000 USD
CY2016Q4 us-gaap Property Plant And Equipment Net
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295231000 USD
CY2017Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
304321000 USD
CY2015 us-gaap Provision For Doubtful Accounts
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-130000 USD
CY2016 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
-50000 USD
CY2017 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
0 USD
CY2016 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
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-2730000 USD
CY2017 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
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1578000 USD
CY2015 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
1000000 USD
CY2016 us-gaap Repayments Of Long Term Debt
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1074000 USD
CY2017 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
111224000 USD
CY2016Q4 us-gaap Restricted Cash And Cash Equivalents
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9000000 USD
CY2017Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
6200000 USD
CY2016Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
1141831000 USD
CY2017Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
743503000 USD
CY2015 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
2100002000 USD
CY2016 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
2055622000 USD
CY2017 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
2266073000 USD
us-gaap Sales Revenue Net
SalesRevenueNet
532809000 USD
CY2016Q3 us-gaap Sales Revenue Net
SalesRevenueNet
544071000 USD
CY2016Q4 us-gaap Sales Revenue Net
SalesRevenueNet
506584000 USD
CY2016Q4 us-gaap Sales Revenue Net
SalesRevenueNet
472158000 USD
CY2017Q2 us-gaap Sales Revenue Net
SalesRevenueNet
577920000 USD
CY2017Q3 us-gaap Sales Revenue Net
SalesRevenueNet
614266000 USD
CY2017Q3 us-gaap Sales Revenue Net
SalesRevenueNet
550363000 USD
CY2017Q4 us-gaap Sales Revenue Net
SalesRevenueNet
523524000 USD
CY2015 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
130358000 USD
CY2016 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
137499000 USD
CY2017 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
139580000 USD
CY2015 us-gaap Severance Costs1
SeveranceCosts1
3400000 USD
CY2015 us-gaap Severance Costs1
SeveranceCosts1
3442000 USD
CY2016 us-gaap Severance Costs1
SeveranceCosts1
0 USD
CY2017 us-gaap Severance Costs1
SeveranceCosts1
0 USD
CY2015 us-gaap Share Based Compensation
ShareBasedCompensation
6244000 USD
CY2016 us-gaap Share Based Compensation
ShareBasedCompensation
6387000 USD
CY2017 us-gaap Share Based Compensation
ShareBasedCompensation
7450000 USD
CY2017Q4 us-gaap Stock Repurchase Program Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased
20000000 shares
CY2016Q4 us-gaap Stockholders Equity
StockholdersEquity
898684000 USD
CY2017Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
536028000 USD
CY2016Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
936437000 USD
CY2017Q1 us-gaap Stockholders Equity Period Increase Decrease
StockholdersEquityPeriodIncreaseDecrease
-458700000 USD
CY2016Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
4600000 USD
CY2017Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
9200000 USD
CY2017Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
4700000 shares
CY2016Q4 us-gaap Treasury Stock Value
TreasuryStockValue
450338000 USD
CY2017Q4 us-gaap Treasury Stock Value
TreasuryStockValue
445723000 USD
CY2017 us-gaap Variable Interest Entity Financial Or Other Support Amount
VariableInterestEntityFinancialOrOtherSupportAmount
13700000 USD
CY2016Q4 us-gaap Weighted Average Cost Inventory Amount
WeightedAverageCostInventoryAmount
43800000 USD
CY2017Q4 us-gaap Weighted Average Cost Inventory Amount
WeightedAverageCostInventoryAmount
43900000 USD
CY2015 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
652000 shares
CY2016 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
597000 shares
CY2017 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
559000 shares
CY2015 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
56968000 shares
CY2016 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
57169000 shares
CY2017 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
57484000 shares
CY2015 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
56316000 shares
CY2016 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
56572000 shares
CY2017 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
56925000 shares
CY2017 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Concentrations of Credit and Market Risk</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Concentrations of credit risk with respect to accounts receivable are limited due to the large number of customers comprising the Company&#8217;s customer base, and their dispersion across different geographic areas and different industries, including HVAC, plumbing, refrigeration, hardware, automotive, OEMs, and others.</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company minimizes its exposure to base metal price fluctuations through various strategies.&#160;&#160;Generally, it prices an equivalent amount of copper raw material, under flexible pricing arrangements it maintains with its suppliers, at the time it determines the selling price of finished products to its customers.</font></div></div>
CY2017 us-gaap Fiscal Period
FiscalPeriod
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Fiscal Years</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company&#8217;s fiscal year ends on the last Saturday of December, and consisted of 52 weeks in </font><font style="font-family:inherit;font-size:10pt;">2017</font><font style="font-family:inherit;font-size:10pt;">, 53 weeks in </font><font style="font-family:inherit;font-size:10pt;">2016</font><font style="font-family:inherit;font-size:10pt;">, and 52 weeks in </font><font style="font-family:inherit;font-size:10pt;">2015</font><font style="font-family:inherit;font-size:10pt;">.&#160; These dates were </font><font style="font-family:inherit;font-size:10pt;">December&#160;30, 2017</font><font style="font-family:inherit;font-size:10pt;">, </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;">, and </font><font style="font-family:inherit;font-size:10pt;">December&#160;26, 2015</font><font style="font-family:inherit;font-size:10pt;">.</font></div></div>
CY2017 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Use of and Changes in Estimates</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of financial statements in conformity with generally accepted accounting principles in the United States (U.S. GAAP) requires management to make estimates, assumptions, and judgments that affect the amounts reported in the financial statements and accompanying notes.&#160; </font><font style="font-family:inherit;font-size:10pt;color:#252525;">Management makes its best estimate of the ultimate outcome for these items based on historical trends and other information available when the financial statements are prepared. Changes in estimates are recognized in accordance with the accounting rules for the estimate, which is typically in the period when new information becomes available to management. Areas where the nature of the estimate makes it reasonably possible that actual results could materially differ from amounts estimated include but are not limited to: pension and other postretirement benefit plan obligations, tax liabilities, loss contingencies, litigation claims, environmental reserves, and impairment assessments on long-lived assets (including goodwill).</font></div></div>

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