2018 Q4 Form 10-K Financial Statement

#000001561520000005 Filed on February 27, 2020

View on sec.gov

Income Statement

Concept 2018 Q4 2018 Q3 2018 Q2
Revenue $1.918B $1.977B $1.618B
YoY Change 19.63% 1.09% -14.41%
Cost Of Revenue $1.654B $1.681B $1.367B
YoY Change 16.34% -2.6% -15.97%
Gross Profit $263.6M $295.8M $251.2M
YoY Change 45.47% 28.83% -4.78%
Gross Profit Margin 13.75% 14.96% 15.53%
Selling, General & Admin $75.70M $80.30M $67.60M
YoY Change 3.56% 20.93% -4.52%
% of Gross Profit 28.72% 27.15% 26.91%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $56.40M $54.90M $51.70M
YoY Change 13.71% 9.58% 13.93%
% of Gross Profit 21.4% 18.56% 20.58%
Operating Expenses $132.3M $135.5M $120.1M
YoY Change 16.26% 21.2% 3.18%
Operating Profit $131.3M $160.3M $131.1M
YoY Change 94.81% 36.08% -11.06%
Interest Expense -$17.60M -$14.70M -$15.00M
YoY Change 79.59% 44.12% 72.41%
% of Operating Profit -13.4% -9.17% -11.44%
Other Income/Expense, Net -$300.0K -$800.0K
YoY Change -106.41% 447.95%
Pretax Income $65.90M $145.6M $116.2M
YoY Change 14.61% 35.34% -16.26%
Income Tax $30.40M $25.10M $35.80M
% Of Pretax Income 46.13% 17.24% 30.81%
Net Earnings $31.90M $120.7M $80.50M
YoY Change -80.16% 89.18% -1.47%
Net Earnings / Revenue 1.66% 6.1% 4.98%
Basic Earnings Per Share $0.42 $1.55 $1.02
Diluted Earnings Per Share $0.41 $1.52 $1.01
COMMON SHARES
Basic Shares Outstanding 78.68M shares 78.10M shares 78.98M shares
Diluted Shares Outstanding 79.20M shares 80.06M shares

Balance Sheet

Concept 2018 Q4 2018 Q3 2018 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $27.40M $68.50M $20.70M
YoY Change -32.01% 56.39% 13.74%
Cash & Equivalents $27.40M $68.50M $20.70M
Short-Term Investments
Other Short-Term Assets $47.33M $47.30M $40.15M
YoY Change 32.34% 53.35% 47.22%
Inventory $113.7M $125.8M $100.2M
Prepaid Expenses $56.56M $58.77M $43.22M
Receivables $671.3M $2.369B $2.077B
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $2.169B $2.669B $2.282B
YoY Change 17.09% 52.71% 27.42%
LONG-TERM ASSETS
Property, Plant & Equipment $747.8M $736.4M $739.4M
YoY Change 5.84% 6.51% 14.03%
Goodwill $1.100B $1.150B $1.147B
YoY Change -3.28% 1.26% 10.22%
Intangibles $169.4M $177.2M $181.5M
YoY Change -11.36% -9.33% -2.38%
Long-Term Investments
YoY Change
Other Assets $253.4M $242.4M $232.8M
YoY Change 41.7% 40.85% 47.29%
Total Long-Term Assets $2.271B $2.306B $2.300B
YoY Change 2.56% 5.08% 13.16%
TOTAL ASSETS
Total Short-Term Assets $2.169B $2.669B $2.282B
Total Long-Term Assets $2.271B $2.306B $2.300B
Total Assets $4.440B $4.975B $4.582B
YoY Change 9.18% 26.19% 19.84%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $669.7M $744.3M $544.4M
YoY Change 77.19% 62.79% 26.72%
Accrued Expenses $133.0M $146.3M $187.4M
YoY Change -10.7% 13.58% 39.02%
Deferred Revenue $231.6M $197.2M $251.1M
YoY Change 12.37%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $82.70M $83.50M $84.20M
YoY Change -5.92% -3.47% 11.67%
Total Short-Term Liabilities $1.284B $1.372B $1.253B
YoY Change 33.18% 36.96% 34.89%
LONG-TERM LIABILITIES
Long-Term Debt $1.324B $1.689B $1.533B
YoY Change 3.4% 41.64% 16.68%
Other Long-Term Liabilities $176.4M $164.8M $159.6M
YoY Change -4.22% -3.2% 68.17%
Total Long-Term Liabilities $176.4M $164.8M $159.6M
YoY Change -4.22% -3.2% 68.17%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.284B $1.372B $1.253B
Total Long-Term Liabilities $176.4M $164.8M $159.6M
Total Liabilities $3.048B $3.485B $3.152B
YoY Change 15.75% 32.05% 21.67%
SHAREHOLDERS EQUITY
Retained Earnings $1.118B $1.086B $965.8M
YoY Change 30.48% 56.02% 52.67%
Common Stock $798.1M $797.6M $792.9M
YoY Change 1.74% -1.46% -1.52%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.390B $1.488B $1.428B
YoY Change
Total Liabilities & Shareholders Equity $4.440B $4.975B $4.582B
YoY Change 9.18% 26.19% 19.84%

Cashflow Statement

Concept 2018 Q4 2018 Q3 2018 Q2
OPERATING ACTIVITIES
Net Income $31.90M $120.7M $80.50M
YoY Change -80.16% 89.18% -1.47%
Depreciation, Depletion And Amortization $56.40M $54.90M $51.70M
YoY Change 13.71% 9.58% 13.93%
Cash From Operating Activities $503.2M $3.600M -$60.30M
YoY Change -2346.43% -98.65% -76.3%
INVESTING ACTIVITIES
Capital Expenditures -$46.20M -$46.20M -$65.50M
YoY Change 15.21% 75.0% 133.93%
Acquisitions
YoY Change
Other Investing Activities $6.500M $15.20M -$14.80M
YoY Change -61.31% -120.62% -71.37%
Cash From Investing Activities -$39.70M -$31.00M -$80.20M
YoY Change 70.39% -69.03% 0.63%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -504.0M 75.20M 121.2M
YoY Change -1285.88% -153.33% -63.99%
NET CHANGE
Cash From Operating Activities 503.2M 3.600M -60.30M
Cash From Investing Activities -39.70M -31.00M -80.20M
Cash From Financing Activities -504.0M 75.20M 121.2M
Net Change In Cash -40.50M 47.80M -19.30M
YoY Change 1165.63% 86.72% -872.0%
FREE CASH FLOW
Cash From Operating Activities $503.2M $3.600M -$60.30M
Capital Expenditures -$46.20M -$46.20M -$65.50M
Free Cash Flow $549.4M $49.80M $5.200M
YoY Change 3003.95% -83.01% -102.3%

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9133000 USD
CY2019Q4 us-gaap Additional Paid In Capital Common Stock
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809753000 USD
CY2018Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
789009000 USD
CY2019Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
1510709000 USD
CY2018Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
1118375000 USD
CY2019Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-75706000 USD
CY2018Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-60494000 USD
CY2019Q4 us-gaap Treasury Stock Common Value
TreasuryStockCommonValue
466727000 USD
CY2018Q4 us-gaap Treasury Stock Common Value
TreasuryStockCommonValue
466125000 USD
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
1787220000 USD
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
1389898000 USD
CY2019Q4 us-gaap Minority Interest
MinorityInterest
4471000 USD
CY2018Q4 us-gaap Minority Interest
MinorityInterest
2126000 USD
CY2019Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1791691000 USD
CY2018Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1392024000 USD
CY2019Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
4997006000 USD
CY2018Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
4439953000 USD
CY2016Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1103634000 USD
CY2017 us-gaap Profit Loss
ProfitLoss
348884000 USD
CY2017 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
2102000 USD
CY2017 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
15656000 USD
CY2017 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
0 USD
CY2017 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
3085000 USD
CY2017 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
1551000 USD
CY2017 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
1280000 USD
CY2017 us-gaap Minority Interest Decrease From Redemptions
MinorityInterestDecreaseFromRedemptions
31007000 USD
CY2017Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1433353000 USD
CY2017Q4 us-gaap Cumulative Effect Of New Accounting Principle In Period Of Adoption
CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption
1562000 USD
CY2018 us-gaap Profit Loss
ProfitLoss
259231000 USD
CY2018 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
3218000 USD
CY2018 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
13527000 USD
CY2018 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
0 USD
CY2018 us-gaap Stock Issued During Period Value Other
StockIssuedDuringPeriodValueOther
134000 USD
CY2018 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
319001000 USD
CY2018Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1392024000 USD
CY2019 us-gaap Profit Loss
ProfitLoss
394096000 USD
CY2019 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-15212000 USD
CY2019 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
16447000 USD
CY2019 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
0 USD
CY2019 us-gaap Stock Issued During Period Value Other
StockIssuedDuringPeriodValueOther
4355000 USD
CY2019 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
602000 USD
CY2019 us-gaap Noncontrolling Interest Increase From Subsidiary Equity Issuance
NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
583000 USD
CY2019Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1791691000 USD
CY2019 us-gaap Profit Loss
ProfitLoss
394096000 USD
CY2018 us-gaap Profit Loss
ProfitLoss
259231000 USD
CY2017 us-gaap Profit Loss
ProfitLoss
348884000 USD
CY2019 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
235482000 USD
CY2018 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
212930000 USD
CY2017 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
188049000 USD
CY2019 us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
3319000 USD
CY2018 us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
47662000 USD
CY2017 us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
0 USD
CY2019 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
3219000 USD
CY2018 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
2584000 USD
CY2017 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
3100000 USD
CY2019 us-gaap Share Based Compensation
ShareBasedCompensation
16447000 USD
CY2018 us-gaap Share Based Compensation
ShareBasedCompensation
13527000 USD
CY2017 us-gaap Share Based Compensation
ShareBasedCompensation
15656000 USD
CY2019 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
22160000 USD
CY2018 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
56209000 USD
CY2017 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
18277000 USD
CY2019 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
27367000 USD
CY2018 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
23855000 USD
CY2017 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
21328000 USD
CY2019 us-gaap Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
13908000 USD
CY2018 us-gaap Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
16052000 USD
CY2017 us-gaap Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
5935000 USD
CY2019 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
2768000 USD
CY2018 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-8910000 USD
CY2017 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-7222000 USD
CY2019 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-113061000 USD
CY2018 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
335201000 USD
CY2017 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
417491000 USD
CY2019 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-24051000 USD
CY2018 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
29366000 USD
CY2017 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-36187000 USD
CY2019 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-10180000 USD
CY2018 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-28709000 USD
CY2017 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
117091000 USD
CY2019 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-228142000 USD
CY2018 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
251735000 USD
CY2017 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
43883000 USD
CY2019 us-gaap Increase Decrease In Billing In Excess Of Cost Of Earnings
IncreaseDecreaseInBillingInExcessOfCostOfEarnings
-52215000 USD
CY2018 us-gaap Increase Decrease In Billing In Excess Of Cost Of Earnings
IncreaseDecreaseInBillingInExcessOfCostOfEarnings
28411000 USD
CY2017 us-gaap Increase Decrease In Billing In Excess Of Cost Of Earnings
IncreaseDecreaseInBillingInExcessOfCostOfEarnings
46075000 USD
CY2019 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
52663000 USD
CY2018 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
24522000 USD
CY2017 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-1392000 USD
CY2019 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
550278000 USD
CY2018 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
529956000 USD
CY2017 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
144096000 USD
CY2019 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
179481000 USD
CY2018 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
6684000 USD
CY2017 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
115995000 USD
CY2019 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
126473000 USD
CY2018 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
180420000 USD
CY2017 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
123412000 USD
CY2019 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
35015000 USD
CY2018 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
39359000 USD
CY2017 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
19963000 USD
CY2019 us-gaap Payments To Acquire Other Investments
PaymentsToAcquireOtherInvestments
5589000 USD
CY2018 us-gaap Payments To Acquire Other Investments
PaymentsToAcquireOtherInvestments
39469000 USD
CY2017 us-gaap Payments To Acquire Other Investments
PaymentsToAcquireOtherInvestments
77105000 USD
CY2019 us-gaap Proceeds From Sale And Maturity Of Other Investments
ProceedsFromSaleAndMaturityOfOtherInvestments
14705000 USD
CY2018 us-gaap Proceeds From Sale And Maturity Of Other Investments
ProceedsFromSaleAndMaturityOfOtherInvestments
5415000 USD
CY2017 us-gaap Proceeds From Sale And Maturity Of Other Investments
ProceedsFromSaleAndMaturityOfOtherInvestments
23801000 USD
CY2019 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-261823000 USD
CY2018 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-181799000 USD
CY2017 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-272748000 USD
CY2019 us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
3025927000 USD
CY2018 us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
3418232000 USD
CY2017 us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
2699047000 USD
CY2019 us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
3126595000 USD
CY2017 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-6301000 USD
CY2019 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-244631000 USD
CY2019 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
4655000 USD
CY2018 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
4047000 USD
CY2017 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
3104000 USD
CY2019 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
45000 USD
CY2018 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
3821000 USD
CY2017 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
6189000 USD
CY2019 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
5652000 USD
CY2018 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
313949000 USD
CY2017 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
1552000 USD
CY2019 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-8458000 USD
CY2018 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
0 USD
CY2018 us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
3359521000 USD
CY2017 us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
2457293000 USD
CY2019 us-gaap Proceeds From Repayments Of Other Long Term Debt
ProceedsFromRepaymentsOfOtherLongTermDebt
-12438000 USD
CY2018 us-gaap Proceeds From Repayments Of Other Long Term Debt
ProceedsFromRepaymentsOfOtherLongTermDebt
-17427000 USD
CY2017 us-gaap Proceeds From Repayments Of Other Long Term Debt
ProceedsFromRepaymentsOfOtherLongTermDebt
-3350000 USD
CY2019 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
88341000 USD
CY2018 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
72167000 USD
CY2017 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
67740000 USD
CY2019 us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
34267000 USD
CY2018 us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
15929000 USD
CY2017 us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
6676000 USD
CY2019 us-gaap Proceeds From Payments To Minority Shareholders
ProceedsFromPaymentsToMinorityShareholders
583000 USD
CY2018 us-gaap Proceeds From Payments To Minority Shareholders
ProceedsFromPaymentsToMinorityShareholders
-559000 USD
CY2017 us-gaap Proceeds From Payments To Minority Shareholders
ProceedsFromPaymentsToMinorityShareholders
-22728000 USD
CY2018 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-361094000 USD
CY2017 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
130322000 USD
CY2019 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
181000 USD
CY2018 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
33000 USD
CY2017 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-111000 USD
CY2019 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
44005000 USD
CY2018 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-12904000 USD
CY2017 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
1559000 USD
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
27422000 USD
CY2017Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
40326000 USD
CY2016Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
38767000 USD
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
71427000 USD
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
27422000 USD
CY2017Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
40326000 USD
CY2019 us-gaap Interest Paid Net
InterestPaidNet
84971000 USD
CY2018 us-gaap Interest Paid Net
InterestPaidNet
81230000 USD
CY2017 us-gaap Interest Paid Net
InterestPaidNet
59157000 USD
CY2019 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
106248000 USD
CY2018 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
-21450000 USD
CY2017 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
78653000 USD
CY2019 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
206156000 USD
CY2018 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
75545000 USD
CY2017 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
150055000 USD
CY2019 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
5 segment
CY2019 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
When necessary, certain prior year amounts have been reclassified to conform with the current period presentation.
CY2019 us-gaap Use Of Estimates
UseOfEstimates
<div style="line-height:120%;padding-bottom:8px;padding-top:8px;text-align:justify;text-indent:24px;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;font-style:italic;font-weight:bold;">Management Estimates</span></div><div style="line-height:120%;padding-bottom:8px;padding-top:8px;text-align:justify;text-indent:48px;font-size:9pt;"><span style="font-family:inherit;font-size:9pt;">The preparation of consolidated financial statements in accordance with U.S. GAAP requires the use of estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying notes. These estimates are based on historical experience and various other assumptions, the results of which form the basis of making judgments about the Company’s operating results and the carrying values of assets and liabilities that are not readily apparent from other sources. Key estimates include: the recognition of revenue and project profit or loss, which the Company defines as project revenue, less project costs of revenue, including project-related depreciation, in particular, on construction contracts accounted for under the cost-to-cost method, for which the recorded amounts require estimates of costs to complete and the amount and probability of variable consideration included in the contract transaction price; fair value estimates, including those related to acquisitions, valuations of goodwill and intangible assets, acquisition-related contingent consideration and equity investments; allowances for doubtful accounts; asset lives used in computing depreciation and amortization; fair values of financial instruments; self-insurance liabilities; other accruals and allowances; income taxes; and the estimated effects of litigation and other contingencies. While management believes that such estimates are reasonable when considered in conjunction with the Company’s consolidated financial position and results of operations taken as a whole, actual results could differ materially from those estimates.</span></div>
CY2019 us-gaap Contract With Customer Performance Obligation Satisfied In Previous Period
ContractWithCustomerPerformanceObligationSatisfiedInPreviousPeriod
58300000 USD
CY2018 us-gaap Contract With Customer Performance Obligation Satisfied In Previous Period
ContractWithCustomerPerformanceObligationSatisfiedInPreviousPeriod
38500000 USD
CY2019Q4 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P1Y
CY2019Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
5300000000 USD
CY2019Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
4600000000 USD
CY2019Q4 us-gaap Contracts Receivable Claims And Uncertain Amounts Expected To Be Collected Within One Year
ContractsReceivableClaimsAndUncertainAmountsExpectedToBeCollectedWithinOneYear
27000000 USD
CY2018Q4 us-gaap Contracts Receivable Claims And Uncertain Amounts Expected To Be Collected Within One Year
ContractsReceivableClaimsAndUncertainAmountsExpectedToBeCollectedWithinOneYear
56000000 USD
CY2019Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
7700000 USD
CY2018Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
7800000 USD
CY2019 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
5500000 USD
CY2019 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
2900000 USD
CY2017 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
3300000 USD
CY2019Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
12400000 USD
CY2018Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
10100000 USD
CY2019 us-gaap Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
3300000 USD
CY2018 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
47700000 USD
CY2018 mtz Shares Paid For Exercise Price And Tax Withholding For Share Based Compensation
SharesPaidForExercisePriceAndTaxWithholdingForShareBasedCompensation
96739 shares
CY2017 mtz Shares Paid For Exercise Price And Tax Withholding For Share Based Compensation
SharesPaidForExercisePriceAndTaxWithholdingForShareBasedCompensation
138519 shares
CY2018 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
3800000 USD
CY2017 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
6200000 USD
CY2018 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
78695000 shares
CY2017 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
80903000 shares
CY2019 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
661000 shares
CY2018 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1077000 shares
CY2017 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1422000 shares
CY2019 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
75846000 shares
CY2018 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
79772000 shares
CY2017 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
82325000 shares
CY2018 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
7200000 shares
CY2019 us-gaap Net Income Loss
NetIncomeLoss
392334000 USD
CY2018 us-gaap Net Income Loss
NetIncomeLoss
259659000 USD
CY2017 us-gaap Net Income Loss
NetIncomeLoss
347213000 USD
CY2019 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
75185000 shares
CY2019 us-gaap Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
-100000 USD
CY2019 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
700000 USD
CY2019 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
120400000 USD
CY2019 mtz Effect Of Repurchases On Weighted Average Shares Outstanding
EffectOfRepurchasesOnWeightedAverageSharesOutstanding
4400000 shares
CY2018 mtz Effect Of Repurchases On Weighted Average Shares Outstanding
EffectOfRepurchasesOnWeightedAverageSharesOutstanding
2800000 shares
CY2017Q4 us-gaap Goodwill Gross
GoodwillGross
1212500000 USD
CY2017Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
74800000 USD
CY2017Q4 us-gaap Goodwill
Goodwill
1137700000 USD
CY2018 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
9800000 USD
CY2018 us-gaap Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
4600000 USD
CY2018 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
47700000 USD
CY2018 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-4000000.0 USD
CY2018Q4 us-gaap Goodwill
Goodwill
1100400000 USD
CY2019Q4 us-gaap Goodwill
Goodwill
1221400000 USD
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121500000 USD
CY2019Q4 us-gaap Goodwill Gross
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1342900000 USD
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356900000 USD
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165800000 USD
CY2017Q4 us-gaap Intangible Assets Net Excluding Goodwill
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191100000 USD
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IntangibleAssetsAcquiredGrossExcludingGoodwill
3600000 USD
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-700000 USD
CY2018 us-gaap Amortization Of Intangible Assets
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20600000 USD
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-4000000.0 USD
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IntangibleAssetsNetExcludingGoodwill
169400000 USD
CY2019 mtz Intangible Assets Acquired Gross Excluding Goodwill
IntangibleAssetsAcquiredGrossExcludingGoodwill
73100000 USD
CY2019 mtz Intangible Assets Excluding Goodwill Purchase Accounting Adjustments
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-6900000 USD
CY2019 us-gaap Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
3300000 USD
CY2019 us-gaap Amortization Of Intangible Assets
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23000000.0 USD
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IntangibleAssetsGrossExcludingGoodwillTranslationAdjustments
2200000 USD
CY2019Q4 us-gaap Intangible Assets Net Excluding Goodwill
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211500000 USD
CY2019 us-gaap Amortization Of Intangible Assets
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23000000.0 USD
CY2018 us-gaap Amortization Of Intangible Assets
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20600000 USD
CY2017 us-gaap Amortization Of Intangible Assets
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20900000 USD
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24500000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
18900000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
15500000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
11600000 USD
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FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
8500000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
25100000 USD
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104100000 USD
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6 acquisition
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3 acquisition
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7417900000 USD
CY2018 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
7407800000 USD
CY2017 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
6724800000 USD
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405800000 USD
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258700000 USD
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351300000 USD
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188300000 USD
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154400000 USD
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160100000 USD
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1400000 USD
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10200000 USD
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54000000 USD
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274000000 USD
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18000000 USD
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0 USD
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144500000 USD
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137300000 USD
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1359900000 USD
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1352100000 USD
CY2019Q4 us-gaap Equity Method Investment Summarized Financial Information Assets
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1504400000 USD
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1489400000 USD
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34900000 USD
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31300000 USD
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978600000 USD
CY2018Q4 us-gaap Equity Method Investment Summarized Financial Information Noncurrent Liabilities
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966100000 USD
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1013500000 USD
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997400000 USD
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152400000 USD
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145800000 USD
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114500000 USD
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64500000 USD
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860400000 USD
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10100000 USD
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16300000 USD
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230200000 USD
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1022400000 USD
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1024600000 USD
CY2018Q4 us-gaap Contract With Customer Asset Net Current
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1252600000 USD
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P1Y
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1700000 USD
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8600000 USD
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7900000 USD
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500000 USD
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206200000 USD
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231600000 USD
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184100000 USD
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227100000 USD
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199200000 USD
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1017700000 USD
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865700000 USD
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905800000 USD
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138200000 USD
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122000000.0 USD
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31500000 USD
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26500000 USD
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441000000.0 USD
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305600000 USD
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183200000 USD
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1444800000 USD
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1417000000.0 USD
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10100000 USD
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1444800000 USD
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463500000 USD
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337600000 USD
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21800000 USD
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3900000 USD
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1600000 USD
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5400000 USD
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13400000 USD
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11900000 USD
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11900000 USD
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99700000 USD
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452200000 USD
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341100000 USD
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334900000 USD
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58700000 USD
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24200000 USD
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IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
36900000 USD
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510900000 USD
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