2013 Q4 Form 10-K Financial Statement

#000119312514077882 Filed on February 28, 2014

View on sec.gov

Income Statement

Concept 2013 Q4 2012 Q4 2012 Q3
Revenue $236.9M $247.1M $235.4M
YoY Change -4.13% 9.26% 4.63%
Cost Of Revenue $72.26M $74.19M $68.35M
YoY Change -2.61% 7.33% -0.9%
Gross Profit $164.6M $172.9M $167.1M
YoY Change -4.79% 10.11% 7.07%
Gross Profit Margin 69.49% 69.97% 70.97%
Selling, General & Admin $64.17M $57.17M $62.97M
YoY Change 12.25% 4.89% 17.22%
% of Gross Profit 38.99% 33.07% 37.69%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $5.570M $4.989M $4.633M
YoY Change 11.65% 11.41% -0.77%
% of Gross Profit 3.38% 2.89% 2.77%
Operating Expenses $64.17M $57.17M $62.97M
YoY Change 12.25% 4.89% 17.22%
Operating Profit $83.65M $95.31M $83.53M
YoY Change -12.23% 16.75% 1.56%
Interest Expense $6.913M $7.178M $7.314M
YoY Change -3.69% -45.9% -44.22%
% of Operating Profit 8.26% 7.53% 8.76%
Other Income/Expense, Net -$6.653M -$6.992M -$7.935M
YoY Change -4.85% -39.23% -33.58%
Pretax Income $76.99M $88.32M $75.59M
YoY Change -12.82% 25.93% 7.53%
Income Tax $36.12M $33.86M $27.32M
% Of Pretax Income 46.91% 38.34% 36.14%
Net Earnings $47.26M $54.45M $48.27M
YoY Change -13.21% 22.4% -3.04%
Net Earnings / Revenue 19.95% 22.04% 20.5%
Basic Earnings Per Share $0.40 $0.44 $0.39
Diluted Earnings Per Share $0.39 $0.44 $0.39
COMMON SHARES
Basic Shares Outstanding 118.8M shares 122.1M shares 122.3M shares
Diluted Shares Outstanding 119.9M shares 123.0M shares 123.5M shares

Balance Sheet

Concept 2013 Q4 2012 Q4 2012 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $358.4M $254.2M $434.3M
YoY Change 40.99% -35.27% 19.21%
Cash & Equivalents $358.4M $183.3M $340.5M
Short-Term Investments $70.90M $93.90M
Other Short-Term Assets $96.40M $107.1M $112.2M
YoY Change -9.99% 2.29% 10.98%
Inventory
Prepaid Expenses
Receivables $169.5M $153.6M $124.3M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $624.3M $514.8M $670.8M
YoY Change 21.26% -24.06% 6.07%
LONG-TERM ASSETS
Property, Plant & Equipment $85.59M $67.42M $64.01M
YoY Change 26.95% 79.2% 73.47%
Goodwill $1.813B $1.798B $1.709B
YoY Change 0.86% 5.22%
Intangibles $595.7M $641.1M $597.0M
YoY Change -7.08% -0.59%
Long-Term Investments
YoY Change
Other Assets $17.39M $12.90M $12.81M
YoY Change 34.76% -46.17% -48.97%
Total Long-Term Assets $2.512B $2.505B $2.382B
YoY Change 0.28% 3.72% -2.03%
TOTAL ASSETS
Total Short-Term Assets $624.3M $514.8M $670.8M
Total Long-Term Assets $2.512B $2.505B $2.382B
Total Assets $3.136B $3.020B $3.053B
YoY Change 3.86% -2.37% -0.36%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.198M $2.985M $1.694M
YoY Change -59.87% 1148.95% 323.5%
Accrued Expenses $41.21M $42.49M $41.58M
YoY Change -3.0% -6.63% -68.52%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $19.77M $43.09M $43.08M
YoY Change -54.12% 316.8% 318.27%
Total Short-Term Liabilities $503.0M $509.9M $493.5M
YoY Change -1.35% 12.62% 13.74%
LONG-TERM LIABILITIES
Long-Term Debt $788.0M $811.6M $822.4M
YoY Change -2.91% -23.9% -25.51%
Other Long-Term Liabilities $46.07M $38.60M $42.43M
YoY Change 19.36% 39.06% 52.06%
Total Long-Term Liabilities $834.1M $850.2M $864.8M
YoY Change -1.9% -22.31% -23.6%
TOTAL LIABILITIES
Total Short-Term Liabilities $503.0M $509.9M $493.5M
Total Long-Term Liabilities $834.1M $850.2M $864.8M
Total Liabilities $1.572B $1.594B $1.585B
YoY Change -1.42% -10.81% -12.05%
SHAREHOLDERS EQUITY
Retained Earnings $759.0M $547.7M $493.2M
YoY Change 38.58% 55.52%
Common Stock $1.074B $1.240M $1.236M
YoY Change 86546.21% 1.06%
Preferred Stock
YoY Change
Treasury Stock (at cost) $268.4M $120.9M $52.86M
YoY Change 121.95% 142.69%
Treasury Stock Shares 7.472M shares 3.919M shares 1.592B shares
Shareholders Equity $1.564B $1.414B $1.468B
YoY Change
Total Liabilities & Shareholders Equity $3.136B $3.020B $3.053B
YoY Change 3.86% -2.37% -0.36%

Cashflow Statement

Concept 2013 Q4 2012 Q4 2012 Q3
OPERATING ACTIVITIES
Net Income $47.26M $54.45M $48.27M
YoY Change -13.21% 22.4% -3.04%
Depreciation, Depletion And Amortization $5.570M $4.989M $4.633M
YoY Change 11.65% 11.41% -0.77%
Cash From Operating Activities $94.40M $59.40M $97.60M
YoY Change 58.92% -25.84% 3.06%
INVESTING ACTIVITIES
Capital Expenditures -$20.80M -$6.800M -$18.20M
YoY Change 205.88% 7.94% 80.2%
Acquisitions
YoY Change
Other Investing Activities $0.00 -$96.20M -$7.400M
YoY Change -100.0% -4282.61% -76.58%
Cash From Investing Activities -$20.80M -$103.0M -$25.60M
YoY Change -79.81% 2475.0% -38.46%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 1.100M -112.1M -8.300M
YoY Change -100.98% 157.11% 492.86%
NET CHANGE
Cash From Operating Activities 94.40M 59.40M 97.60M
Cash From Investing Activities -20.80M -103.0M -25.60M
Cash From Financing Activities 1.100M -112.1M -8.300M
Net Change In Cash 74.70M -155.7M 63.70M
YoY Change -147.98% -579.08% 23.21%
FREE CASH FLOW
Cash From Operating Activities $94.40M $59.40M $97.60M
Capital Expenditures -$20.80M -$6.800M -$18.20M
Free Cash Flow $115.2M $66.20M $115.8M
YoY Change 74.02% -23.38% 10.5%

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CY2013Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
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CY2013Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits
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CY2013Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
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CY2013Q4 us-gaap Assets
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CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
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43445000
CY2013Q4 us-gaap Noncurrent Assets
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CY2013Q4 us-gaap Cash And Cash Equivalents At Carrying Value
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CY2013Q4 us-gaap Furniture And Fixtures Gross
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CY2013Q4 us-gaap Short Term Investments
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CY2013Q4 us-gaap Deferred Tax Assets Liabilities Net
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CY2013Q4 us-gaap Prepaid Taxes
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CY2013Q4 us-gaap Accounts Receivable Net Current
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58515000
CY2013Q4 us-gaap Deferred Tax Assets Net
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CY2013Q4 us-gaap Property Plant And Equipment Gross
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CY2013Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Deferred Rent
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9810000
CY2013Q4 us-gaap Finite Lived Intangible Assets Net
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595707000
CY2013Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
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CY2013Q4 us-gaap Deferred Finance Costs Gross
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CY2013Q4 us-gaap Deferred Tax Assets Deferred Income
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CY2013Q4 us-gaap Prepaid Expense And Other Assets
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CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
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43445000
CY2013Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
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15700000
CY2013Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
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56337000
CY2013Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
13100000
CY2013Q4 us-gaap Construction In Progress Gross
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12691000
CY2013Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
50206000
CY2013Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Pensions
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsPensions
454000
CY2013Q4 us-gaap Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
52888000
CY2013Q4 us-gaap Deferred Tax Assets State Taxes
DeferredTaxAssetsStateTaxes
3847000
CY2013Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
3043000
CY2013Q4 us-gaap Treasury Stock Value
TreasuryStockValue
268391000
CY2013Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
85588000
CY2013Q4 msci Long Term Debt Current Unamortized Discount
LongTermDebtCurrentUnamortizedDiscount
0.5
CY2013Q4 msci Computer And Related Equipment Gross
ComputerAndRelatedEquipmentGross
86384000
CY2013Q4 msci Deferred Tax Liabilities Foreign Currency Translation
DeferredTaxLiabilitiesForeignCurrencyTranslation
378000
CY2013Q4 msci Deferred Tax Assets Net Operating Loss Carryforward Current
DeferredTaxAssetsNetOperatingLossCarryforwardCurrent
2129000
CY2013Q4 msci Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedAndExpectedToVestOutstandingNumber
1212000 shares
CY2013Q4 msci Undistributed Earnings From Foreign Subsidiaries
UndistributedEarningsFromForeignSubsidiaries
188600000
CY2013Q4 msci Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested And Unvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedAndUnvestedNumber
1237000 shares
CY2013Q4 msci Deferred Tax Assets Property Equipment And Leasehold Improvements Net
DeferredTaxAssetsPropertyEquipmentAndLeaseholdImprovementsNet
949000
CY2013Q4 msci Deferred Tax Assets Net Operating Loss Carryforward Noncurrent
DeferredTaxAssetsNetOperatingLossCarryforwardNoncurrent
34699000
CY2013Q4 msci Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested And Unvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedAndUnvestedWeightedAverageGrantDateFairValue
33.84
CY2013Q4 msci Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Expected To Vest Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsExpectedToVestWeightedAverageGrantDateFairValue
33.85
CY2013Q4 msci Restricted Stock Units And Restricted Stock Awards Vested And Expected To Vest Weighted Average Price
RestrictedStockUnitsAndRestrictedStockAwardsVestedAndExpectedToVestWeightedAveragePrice
33.84
CY2013Q4 msci Long Term Debt Non Current Unamortized Discount
LongTermDebtNonCurrentUnamortizedDiscount
1.7
CY2012Q2 us-gaap Long Term Debt Description
LongTermDebtDescription
The Company is required to repay $5.1 million in quarterly payments over the first two years and $10.1 million in quarterly payments over the next three years, with the exception of the final payment on December 2018, which will be $658.1 million (assuming no prepayments).
CY2010Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1
P5Y
CY2010Q4 msci Share Based Compensation Arrangement By Share Based Payment Award Award Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardValue
3600000
CY2010Q4 msci Share Based Compensation Arrangement By Share Based Payment Award Vesting Percentage
ShareBasedCompensationArrangementByShareBasedPaymentAwardVestingPercentage
0.25 pure
CY2013Q1 msci Voluntary Prepayment Of Term Loan
VoluntaryPrepaymentOfTermLoan
15000000
CY2011 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.41
CY2011 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
122276000 shares
CY2011 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.3500 pure
CY2011 us-gaap Earnings Per Share Basic
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1.43
CY2011 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.3415 pure
CY2011 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.0098 pure
CY2011 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1559000 shares
CY2011 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.0333 pure
CY2011 us-gaap Net Cash Provided By Used In Operating Activities
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254997000
CY2011 us-gaap Effective Income Tax Rate Reconciliation Tax Credits
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-0.0095 pure
CY2011 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
120717000 shares
CY2011 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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0.0245 pure
CY2011 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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19754 shares
CY2011 us-gaap Interest Paid Net
InterestPaidNet
52713000
CY2011 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
1061000
CY2011 us-gaap Revenues
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900941000
CY2011 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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8525000
CY2011 us-gaap Comprehensive Income Net Of Tax
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CY2011 us-gaap Income Taxes Paid Net
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CY2011 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
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CY2011 us-gaap Net Income Loss Available To Common Stockholders Basic
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43111000
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CY2011 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
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CY2011 us-gaap Payments To Acquire Investments
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263413000
CY2011 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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-2652000
CY2011 us-gaap Increase Decrease In Accounts Receivable
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42284000
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3031000
CY2011 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
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CY2011 us-gaap Net Income Loss
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CY2011 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
41000
CY2011 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-4251000
CY2011 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
220302000
CY2011 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
16431000
CY2011 us-gaap Investment Income Interest
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848000
CY2011 us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
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7263000
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-1488000
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-1542000
CY2011 us-gaap Operating Income Loss
OperatingIncomeLoss
321998000
CY2011 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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24981000
CY2011 us-gaap Payments For Repurchase Of Common Stock
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14626000
CY2011 us-gaap Adjustments To Additional Paid In Capital Tax Effect From Share Based Compensation
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7263000
CY2011 us-gaap Employee Service Share Based Compensation Tax Benefit Realized From Exercise Of Stock Options
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7300000
CY2011 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
10000
CY2011 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
23111000
CY2011 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
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-7000
CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Total Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue
35200000
CY2011 us-gaap Defined Contribution Plan Cost Recognized
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14000000
CY2011 us-gaap Costs And Expenses
CostsAndExpenses
578943000
CY2011 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
1132000
CY2011 us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
-1711000
CY2011 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-177994000
CY2011 us-gaap Cost Of Services
CostOfServices
277147000
CY2011 us-gaap Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
-3400000
CY2011 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
5625000
CY2011 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
14626000
CY2011 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
19379000
CY2011 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
-957000
CY2011 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
1900000
CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
19400000
CY2011 us-gaap Share Based Compensation
ShareBasedCompensation
31723000
CY2011 us-gaap Depreciation And Amortization
DepreciationAndAmortization
85230000
CY2011 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-17212000
CY2011 us-gaap Pension And Other Postretirement Benefit Expense
PensionAndOtherPostretirementBenefitExpense
15900000
CY2011 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
12573000
CY2011 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
18500000
CY2011 us-gaap Interest Expense
InterestExpense
55819000
CY2011 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
57000
CY2011 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
-4000
CY2011 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
12412000
CY2011 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
31749000
CY2011 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-90611000
CY2011 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
104000
CY2011 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
16431000
CY2011 us-gaap Undistributed Earnings Allocated To Participating Securities
UndistributedEarningsAllocatedToParticipatingSecurities
627000
CY2011 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-2643000
CY2011 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
19425000
CY2011 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
5776000
CY2011 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
1125000000
CY2011 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
7263000
CY2011 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
153000
CY2011 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
65805000
CY2011 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
84334000
CY2011 us-gaap Restructuring Charges
RestructuringCharges
3594000
CY2011 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
18720000
CY2011 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-4144000
CY2011 us-gaap Proceeds From Sale Of Short Term Investments
ProceedsFromSaleOfShortTermInvestments
150292000
CY2011 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
53041000
CY2011 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax
145000
CY2011 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
1051000
CY2011 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
212972000
CY2011 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
89959000
CY2011 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-3604000
CY2011 msci Increase Decrease Prepaid Income Tax
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10743000
CY2011 msci Allowances For Doubtful Accounts Receivable Amounts Written Off
AllowancesForDoubtfulAccountsReceivableAmountsWrittenOff
565000
CY2011 msci Property Equipment And Leasehold Improvements In Accrued Liabilities
PropertyEquipmentAndLeaseholdImprovementsInAccruedLiabilities
1781000
CY2011 msci Allowance For Doubtful Accounts Receivable Addition To Provision
AllowanceForDoubtfulAccountsReceivableAdditionToProvision
545000
CY2011 msci Entity Wide Revenue Criteria For Major Customer Percentage Of Revenue
EntityWideRevenueCriteriaForMajorCustomerPercentageOfRevenue
0.100 pure
CY2011 msci Increase Decrease In Employee Related Liabilities Current
IncreaseDecreaseInEmployeeRelatedLiabilitiesCurrent
6406000
CY2011 msci Income Tax Settlement Reserve
IncomeTaxSettlementReserve
8400000
CY2013 dei Trading Symbol
TradingSymbol
MSCI
CY2013 dei Entity Registrant Name
EntityRegistrantName
MSCI INC.
CY2013 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2013 dei Amendment Flag
AmendmentFlag
false
CY2013 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2013 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2013
CY2013 dei Document Type
DocumentType
10-K
CY2013 dei Document Period End Date
DocumentPeriodEndDate
2013-12-31
CY2013 dei Entity Central Index Key
EntityCentralIndexKey
0001408198
CY2013 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
Yes
CY2013 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2013 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2013 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2013 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
2 Segment
CY2013 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageRemainingContractualTerm1
P4Y6M18D
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0187 pure
CY2013 us-gaap Significant Change In Unrecognized Tax Benefits Is Reasonably Possible Other Information
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12
CY2013 us-gaap Significant Change In Unrecognized Tax Benefits Nature Of Event
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12
CY2013 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.83
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
20000 shares
CY2013 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
121074000 shares
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.4607 pure
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
30.65
CY2013 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.3500 pure
CY2013 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
18.99
CY2013 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.85
CY2013 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P4Y6M18D
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
104000 shares
CY2013 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.3561 pure
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
31.91
CY2013 us-gaap Unrecognized Tax Benefits Period Increase Decrease
UnrecognizedTaxBenefitsPeriodIncreaseDecrease
6400000
CY2013 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
40.23
CY2013 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.0064 pure
CY2013 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
974000 shares
CY2013 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.0095 pure
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
19.18
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
pure
CY2013 us-gaap Net Cash Provided By Used In Operating Activities
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320447000
CY2013 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
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16.43
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
34.01
CY2013 us-gaap Effective Income Tax Rate Reconciliation Tax Credits
EffectiveIncomeTaxRateReconciliationTaxCredits
-0.0086 pure
CY2013 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
120100000 shares
CY2013 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P4Y7D
CY2013 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
705000 shares
CY2013 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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CY2013 us-gaap Interest Paid Net
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CY2013 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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CY2013 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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CY2013 us-gaap Comprehensive Income Net Of Tax
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CY2013 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
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CY2013 us-gaap Investment Income Interest
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CY2013 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
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CY2013 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount
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CY2013 us-gaap Stock Issued During Period Value New Issues
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CY2013 us-gaap Payments To Acquire Property Plant And Equipment
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CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Total Fair Value
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CY2013 us-gaap Costs And Expenses
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CY2013 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
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CY2013 us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
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CY2013 us-gaap Cost Of Services
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CY2013 us-gaap Treasury Stock Value Acquired Cost Method
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CY2013 us-gaap Increase Decrease In Deferred Revenue
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CY2013 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
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CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
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CY2013 us-gaap Share Based Compensation
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CY2013 us-gaap Goodwill Translation Adjustments
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CY2013 us-gaap Depreciation And Amortization
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CY2013 us-gaap Cash And Cash Equivalents Period Increase Decrease
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CY2013 us-gaap Pension And Other Postretirement Benefit Expense
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CY2013 us-gaap Current State And Local Tax Expense Benefit
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CY2013 us-gaap Operating Leases Rent Expense Net
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CY2013 us-gaap Proceeds From Sale Of Property Plant And Equipment
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CY2013 us-gaap Net Cash Provided By Used In Investing Activities
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CY2013 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
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CY2013 us-gaap Undistributed Earnings Allocated To Participating Securities
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CY2013 us-gaap Amortization Of Financing Costs
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CY2013 us-gaap Current Foreign Tax Expense Benefit
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CY2013 msci Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested And Unvested Conversions In Period Weighted Average Grant Date Fair Value
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CY2013 msci Minimum Percentage Of Voting Stock For Consolidation Of Subsidiaries
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CY2013 msci Finite Lived Intangible Asset Useful Life Minimum
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CY2013 msci Investments Carried At Cost Based On Percentage Of Voting Equity
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CY2013 msci Allowance For Doubtful Accounts Receivable Addition To Provision
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CY2013 msci Amortization Of Deferred Financing Costs
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CY2013 msci Allowances For Doubtful Accounts Receivable Amounts Written Off
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CY2013 msci Property Equipment And Leasehold Improvements In Accrued Liabilities
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CY2013 msci Duration Of Cash And Cash Equivalents
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CY2013 msci Common Stock Issued To Directors
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CY2013 msci Expected Term Of Stock Option
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CY2013 msci Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested And Unvested Forfeited In Period
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CY2013 msci Entity Wide Revenue Criteria For Major Customer Percentage Of Revenue
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CY2013 msci Restriction On Payment Of Dividends
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CY2013 msci Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested And Unvested Conversions In Period
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CY2013 msci Increase Decrease In Employee Related Liabilities Current
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CY2012 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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CY2012 us-gaap Effective Income Tax Rate Continuing Operations
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CY2012 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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CY2012 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
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CY2012 us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2012 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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CY2012 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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CY2012 us-gaap Comprehensive Income Net Of Tax
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CY2012 us-gaap Net Income Loss Available To Common Stockholders Basic
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CY2012 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
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CY2012 us-gaap Amortization Of Intangible Assets
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CY2012 us-gaap Current Income Tax Expense Benefit
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1360000
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