2019 Q1 Form 10-Q Financial Statement

#000135059319000028 Filed on May 07, 2019

View on sec.gov

Income Statement

Concept 2019 Q1 2018 Q1
Revenue $234.0M $233.2M
YoY Change 0.34% 16.78%
Cost Of Revenue $159.2M $158.7M
YoY Change 0.32% 7.81%
Gross Profit $74.80M $74.50M
YoY Change 0.4% 41.9%
Gross Profit Margin 31.97% 31.95%
Selling, General & Admin $45.70M $42.70M
YoY Change 7.03% 10.34%
% of Gross Profit 61.1% 57.32%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $13.40M $10.90M
YoY Change 22.94% 2.83%
% of Gross Profit 17.91% 14.63%
Operating Expenses $52.60M $44.60M
YoY Change 17.94% 8.25%
Operating Profit $22.20M $29.90M
YoY Change -25.75% 164.6%
Interest Expense -$5.900M -$5.200M
YoY Change 13.46% -5.45%
% of Operating Profit -26.58% -17.39%
Other Income/Expense, Net -$7.400M -$5.500M
YoY Change 34.55%
Pretax Income $14.80M $24.40M
YoY Change -39.34% 351.85%
Income Tax $3.900M $14.20M
% Of Pretax Income 26.35% 58.2%
Net Earnings $10.90M $10.20M
YoY Change 6.86% -86.08%
Net Earnings / Revenue 4.66% 4.37%
Basic Earnings Per Share $0.07 $0.06
Diluted Earnings Per Share $0.07 $0.06
COMMON SHARES
Basic Shares Outstanding 158.2M shares 158.3M shares
Diluted Shares Outstanding 159.2M shares 159.4M shares

Balance Sheet

Concept 2019 Q1 2018 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $134.3M $323.9M
YoY Change -58.54% -1.34%
Cash & Equivalents $134.3M $323.9M
Short-Term Investments
Other Short-Term Assets $27.60M $21.20M
YoY Change 30.19% 57.04%
Inventory $205.9M $156.2M
Prepaid Expenses
Receivables $167.3M $152.4M
Other Receivables $8.700M $7.100M
Total Short-Term Assets $535.1M $653.7M
YoY Change -18.14% 4.16%
LONG-TERM ASSETS
Property, Plant & Equipment $176.0M $124.0M
YoY Change 41.94% 15.13%
Goodwill $84.50M
YoY Change
Intangibles $450.3M $429.1M
YoY Change 4.94% -4.0%
Long-Term Investments
YoY Change
Other Assets $34.30M $27.50M
YoY Change 24.73% 1.48%
Total Long-Term Assets $745.1M $580.6M
YoY Change 28.33% -0.21%
TOTAL ASSETS
Total Short-Term Assets $535.1M $653.7M
Total Long-Term Assets $745.1M $580.6M
Total Assets $1.280B $1.234B
YoY Change 3.72% 2.06%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $69.10M $58.30M
YoY Change 18.52% 5.05%
Accrued Expenses $104.4M $27.10M
YoY Change 285.24% 11.52%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $800.0K $5.600M
YoY Change -85.71% 1.82%
Total Short-Term Liabilities $174.3M $113.7M
YoY Change 53.3% 12.69%
LONG-TERM LIABILITIES
Long-Term Debt $444.9M $473.4M
YoY Change -6.02% -0.61%
Other Long-Term Liabilities $27.90M $37.20M
YoY Change -25.0% -57.04%
Total Long-Term Liabilities $472.8M $510.6M
YoY Change -7.4% -9.29%
TOTAL LIABILITIES
Total Short-Term Liabilities $174.3M $113.7M
Total Long-Term Liabilities $472.8M $510.6M
Total Liabilities $731.4M $702.5M
YoY Change 4.11% -7.87%
SHAREHOLDERS EQUITY
Retained Earnings -$860.1M -$890.3M
YoY Change -3.39% -10.87%
Common Stock $1.600M $1.600M
YoY Change 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $546.9M $530.6M
YoY Change
Total Liabilities & Shareholders Equity $1.280B $1.234B
YoY Change 3.72% 2.06%

Cashflow Statement

Concept 2019 Q1 2018 Q1
OPERATING ACTIVITIES
Net Income $10.90M $10.20M
YoY Change 6.86% -86.08%
Depreciation, Depletion And Amortization $13.40M $10.90M
YoY Change 22.94% 2.83%
Cash From Operating Activities -$39.00M $1.100M
YoY Change -3645.45% -102.1%
INVESTING ACTIVITIES
Capital Expenditures -$14.60M -$8.000M
YoY Change 82.5% -19.19%
Acquisitions
YoY Change
Other Investing Activities -$4.500M $0.00
YoY Change -100.0%
Cash From Investing Activities -$19.10M -$8.000M
YoY Change 138.75% -103.04%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -7.900M -17.50M
YoY Change -54.86% -68.41%
NET CHANGE
Cash From Operating Activities -39.00M 1.100M
Cash From Investing Activities -19.10M -8.000M
Cash From Financing Activities -7.900M -17.50M
Net Change In Cash -66.00M -24.40M
YoY Change 170.49% -115.68%
FREE CASH FLOW
Cash From Operating Activities -$39.00M $1.100M
Capital Expenditures -$14.60M -$8.000M
Free Cash Flow -$24.40M $9.100M
YoY Change -368.13% -121.41%

Facts In Submission

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CY2018Q1 us-gaap Common Stock Dividends Per Share Declared
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0.05
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.10
us-gaap Common Stock Dividends Per Share Declared
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0.09
us-gaap Net Income Loss
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us-gaap Net Income Loss
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us-gaap Depreciation
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12600000 USD
us-gaap Depreciation
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10100000 USD
us-gaap Adjustment For Amortization
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12900000 USD
us-gaap Adjustment For Amortization
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11400000 USD
us-gaap Share Based Compensation
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2300000 USD
us-gaap Share Based Compensation
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3500000 USD
us-gaap Pension And Other Postretirement Benefit Expense
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3200000 USD
us-gaap Pension And Other Postretirement Benefit Expense
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1500000 USD
us-gaap Deferred Income Tax Expense Benefit
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us-gaap Deferred Income Tax Expense Benefit
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us-gaap Gain Loss On Sale Of Property Plant Equipment
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0 USD
us-gaap Gain Loss On Sale Of Property Plant Equipment
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9000000.0 USD
us-gaap Other Noncash Expense
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1700000 USD
us-gaap Other Noncash Expense
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2100000 USD
us-gaap Increase Decrease In Accounts Receivable
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us-gaap Increase Decrease In Accounts Receivable
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6800000 USD
us-gaap Increase Decrease In Inventories
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32200000 USD
us-gaap Increase Decrease In Inventories
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17500000 USD
us-gaap Increase Decrease In Other Operating Assets
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10100000 USD
us-gaap Increase Decrease In Other Operating Assets
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2000000.0 USD
us-gaap Increase Decrease In Other Accrued Liabilities
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37900000 USD
us-gaap Increase Decrease In Other Accrued Liabilities
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0 USD
us-gaap Increase Decrease In Other Operating Liabilities
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us-gaap Increase Decrease In Other Operating Liabilities
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us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
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us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
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1600000 USD
us-gaap Payments For Proceeds From Other Investing Activities
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127500000 USD
us-gaap Payments For Proceeds From Other Investing Activities
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0 USD
us-gaap Payments To Acquire Productive Assets
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30500000 USD
us-gaap Payments To Acquire Productive Assets
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14400000 USD
us-gaap Proceeds From Sale Of Productive Assets
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0 USD
us-gaap Proceeds From Sale Of Productive Assets
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7400000 USD
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
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-158000000.0 USD
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
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-7000000.0 USD
us-gaap Payments Of Dividends
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15800000 USD
us-gaap Payments Of Dividends
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14300000 USD
us-gaap Repayments Of Unsecured Debt
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13200000 USD
us-gaap Repayments Of Unsecured Debt
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0 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
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1400000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
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2100000 USD
us-gaap Repayments Of Secured Debt
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0 USD
us-gaap Repayments Of Secured Debt
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2400000 USD
us-gaap Proceeds From Issuance Of Common Stock
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3600000 USD
us-gaap Proceeds From Issuance Of Common Stock
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6400000 USD
us-gaap Payments For Repurchase Of Common Stock
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0 USD
us-gaap Payments For Repurchase Of Common Stock
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20000000.0 USD
us-gaap Proceeds From Payments For Other Financing Activities
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100000 USD
us-gaap Proceeds From Payments For Other Financing Activities
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-100000 USD
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
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-26700000 USD
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
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-32500000 USD
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
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1000000.0 USD
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
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100000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
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-212800000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-37800000 USD
CY2018Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
347100000 USD
CY2017Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
361700000 USD
CY2019Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
134300000 USD
CY2018Q1 us-gaap Cash And Cash Equivalents At Carrying Value
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323900000 USD
us-gaap Number Of Reportable Segments
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2000000
CY2014Q3 us-gaap Variable Interest Entity Ownership Percentage
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0.49
CY2017 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.35
CY2018Q3 us-gaap Restructuring Reserve
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900000 USD
CY2017Q3 us-gaap Restructuring Reserve
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3300000 USD
us-gaap Payments For Restructuring
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2600000 USD
us-gaap Payments For Restructuring
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3900000 USD
CY2019Q1 us-gaap Restructuring Reserve
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1700000 USD
CY2018Q1 us-gaap Restructuring Reserve
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3000000.0 USD
us-gaap Gain Loss On Sale Of Property Plant Equipment
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9000000.0 USD
CY2018Q4 us-gaap Business Combination Consideration Transferred1
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140700000 USD
us-gaap Repayments Of Unsecured Debt
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13200000 USD
CY2017 us-gaap Business Acquisition Revenue Reported By Acquired Entity For Last Annual Period
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43000000.0 USD
CY2018Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Assets Receivables
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6900000 USD
CY2018Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Inventory
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17000000.0 USD
CY2018Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Assets Other
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200000 USD
CY2018Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Property Plant And Equipment
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8400000 USD
CY2018Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Intangible Assets Other Than Goodwill
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53000000.0 USD
CY2018Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired Goodwill And Liabilities Assumed Net
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71000000.0 USD
CY2018Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Liabilities Accounts Payable
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilitiesAccountsPayable
5500000 USD
CY2018Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Liabilities Other
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2900000 USD
CY2018Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Deferred Tax Liabilities Noncurrent
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7400000 USD
CY2018Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Net
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CY2019Q1 us-gaap Intangible Assets Gross Excluding Goodwill
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53000000.0 USD
CY2019Q1 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Intangibles
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42000000.0 USD
CY2019Q1 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Indefinite Lived Intangible Assets
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11000000.0 USD
CY2019Q1 us-gaap Billed Contract Receivables
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164600000 USD
CY2018Q3 us-gaap Billed Contract Receivables
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165300000 USD
CY2019Q1 us-gaap Unbilled Receivables Current
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5500000 USD
CY2018Q3 us-gaap Unbilled Receivables Current
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2400000 USD
CY2019Q1 us-gaap Accounts Receivable Gross Current
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170100000 USD
CY2018Q3 us-gaap Accounts Receivable Gross Current
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167700000 USD
CY2019Q1 us-gaap Deferred Revenue
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CY2018Q3 us-gaap Deferred Revenue
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3300000 USD
CY2017 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.35
CY2017 mwa Weighted Average Deferred Income Tax Provision Rate
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0.39
CY2017Q4 mwa Weighted Average Deferred Income Tax Provision Rate
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0.25
CY2018Q1 mwa Transition Tax Expense
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7500000 USD
CY2018Q4 mwa Transition Tax Trueup
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600000 USD
CY2019Q1 mwa Transition Tax Expense
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6400000 USD
CY2019Q1 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.210
CY2018Q1 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.245
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.210
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.245
CY2019Q1 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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0.045
CY2018Q1 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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0.044
us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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0.018
us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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0.044
CY2019Q1 us-gaap Effective Income Tax Rate Reconciliation Deductions
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0.003
CY2018Q1 us-gaap Effective Income Tax Rate Reconciliation Deductions
EffectiveIncomeTaxRateReconciliationDeductions
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us-gaap Effective Income Tax Rate Reconciliation Deductions
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us-gaap Effective Income Tax Rate Reconciliation Deductions
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CY2019Q1 us-gaap Effective Income Tax Rate Reconciliation Deductions Qualified Production Activities
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0
CY2018Q1 us-gaap Effective Income Tax Rate Reconciliation Deductions Qualified Production Activities
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0.016
us-gaap Effective Income Tax Rate Reconciliation Deductions Qualified Production Activities
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0
us-gaap Effective Income Tax Rate Reconciliation Deductions Qualified Production Activities
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0.016
CY2019Q1 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Other
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0.013
CY2018Q1 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Other
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us-gaap Effective Income Tax Rate Reconciliation Tax Credits Other
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us-gaap Effective Income Tax Rate Reconciliation Tax Credits Other
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0.009
CY2019Q1 mwa Effective Income Tax Rate Reconciliation Gilt Ipercent
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0.005
CY2018Q1 mwa Effective Income Tax Rate Reconciliation Gilt Ipercent
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0
mwa Effective Income Tax Rate Reconciliation Gilt Ipercent
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-0.011
mwa Effective Income Tax Rate Reconciliation Gilt Ipercent
EffectiveIncomeTaxRateReconciliationGILTIpercent
0
CY2019Q1 us-gaap Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
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0.014
CY2018Q1 us-gaap Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
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0.022
us-gaap Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
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-0.019
us-gaap Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
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0.008
CY2019Q1 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0
CY2018Q1 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0
us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
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us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0
CY2019Q1 mwa Effective Income Tax Rate Reconciliation Transition Tax
EffectiveIncomeTaxRateReconciliationTransitionTax
0
CY2018Q1 mwa Effective Income Tax Rate Reconciliation Transition Tax
EffectiveIncomeTaxRateReconciliationTransitionTax
0.307
mwa Effective Income Tax Rate Reconciliation Transition Tax
EffectiveIncomeTaxRateReconciliationTransitionTax
0.047
mwa Effective Income Tax Rate Reconciliation Transition Tax
EffectiveIncomeTaxRateReconciliationTransitionTax
0.189
CY2019Q1 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
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0
CY2018Q1 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
0
us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
0
us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
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-1.073
CY2019Q1 us-gaap Effective Income Tax Rate Continuing Operations
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0.264
CY2018Q1 us-gaap Effective Income Tax Rate Continuing Operations
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0.582
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.168
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
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CY2019Q1 us-gaap Unrecognized Tax Benefits
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3500000 USD
CY2018Q3 us-gaap Unrecognized Tax Benefits
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3300000 USD
CY2019Q1 us-gaap Long Term Debt
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CY2018Q3 us-gaap Long Term Debt
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CY2019Q1 us-gaap Deferred Finance Costs Net
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6200000 USD
CY2018Q3 us-gaap Deferred Finance Costs Net
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6600000 USD
CY2019Q1 us-gaap Long Term Debt Current
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800000 USD
CY2018Q3 us-gaap Long Term Debt Current
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700000 USD
CY2019Q1 us-gaap Long Term Debt Noncurrent
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444900000 USD
CY2018Q3 us-gaap Long Term Debt Noncurrent
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444300000 USD
mwa Defined Benefit Plan Net Periodic Benefit Costotherthan Service Cost
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500000 USD
CY2019Q1 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
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1400000 USD
CY2019Q1 us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
400000 USD
CY2018Q1 us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
400000 USD
us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
800000 USD
us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
900000 USD
CY2019Q1 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
3500000 USD
CY2018Q1 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
3600000 USD
us-gaap Defined Benefit Plan Interest Cost
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7000000.0 USD
us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
7200000 USD
CY2019Q1 us-gaap Defined Benefit Plan Expected Return On Plan Assets
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4000000.0 USD
CY2018Q1 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
4100000 USD
us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
8100000 USD
us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
8300000 USD
CY2019Q1 us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
-500000 USD
CY2018Q1 us-gaap Defined Benefit Plan Amortization Of Gains Losses
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us-gaap Defined Benefit Plan Amortization Of Gains Losses
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us-gaap Defined Benefit Plan Amortization Of Gains Losses
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CY2019Q1 us-gaap Defined Benefit Plan Recognized Net Gain Loss Due To Curtailments
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-1000000.0 USD
CY2018Q1 us-gaap Defined Benefit Plan Recognized Net Gain Loss Due To Curtailments
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0 USD
us-gaap Defined Benefit Plan Recognized Net Gain Loss Due To Curtailments
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us-gaap Defined Benefit Plan Recognized Net Gain Loss Due To Curtailments
DefinedBenefitPlanRecognizedNetGainLossDueToCurtailments
0 USD
CY2019Q1 mwa Defined Benefit Plan Net Periodic Benefit Costotherthan Service Cost
DefinedBenefitPlanNetPeriodicBenefitCostotherthanServiceCost
1000000.0 USD
CY2018Q1 mwa Defined Benefit Plan Net Periodic Benefit Costotherthan Service Cost
DefinedBenefitPlanNetPeriodicBenefitCostotherthanServiceCost
300000 USD
mwa Defined Benefit Plan Net Periodic Benefit Costotherthan Service Cost
DefinedBenefitPlanNetPeriodicBenefitCostotherthanServiceCost
900000 USD
CY2018Q1 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
700000 USD
us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
1700000 USD
us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
1400000 USD
CY2019Q1 us-gaap Pension And Other Postretirement Benefit Contributions
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1000000.0 USD
CY2019Q1 us-gaap Multiemployer Plans Withdrawal Obligation
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1100000 USD
us-gaap Stock Granted During Period Value Sharebased Compensation Gross
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6300000 USD
CY2019Q1 us-gaap Allocated Share Based Compensation Expense
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1000000.0 USD
CY2018Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1600000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2700000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
4000000.0 USD
CY2019Q1 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
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8500000 USD
CY2019Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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202245 shares
CY2018Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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289860 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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1077983 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
278697 shares
CY2019Q1 us-gaap Inventory Raw Materials And Purchased Parts Net Of Reserves
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97700000 USD
CY2018Q3 us-gaap Inventory Raw Materials And Purchased Parts Net Of Reserves
InventoryRawMaterialsAndPurchasedPartsNetOfReserves
81600000 USD
CY2019Q1 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
46700000 USD
CY2018Q3 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
37800000 USD
CY2019Q1 us-gaap Inventory Finished Goods Net Of Reserves
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61500000 USD
CY2018Q3 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
37200000 USD
CY2019Q1 us-gaap Inventory Net
InventoryNet
205900000 USD
CY2018Q3 us-gaap Inventory Net
InventoryNet
156600000 USD
CY2019Q1 us-gaap Materials Supplies And Other
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3900000 USD
CY2018Q3 us-gaap Materials Supplies And Other
MaterialsSuppliesAndOther
3500000 USD
CY2019Q1 us-gaap Income Taxes Receivable
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8700000 USD
CY2018Q3 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
1600000 USD
CY2019Q1 us-gaap Other Prepaid Expense Current
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15000000.0 USD
CY2018Q3 us-gaap Other Prepaid Expense Current
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12400000 USD
CY2019Q1 us-gaap Other Assets Current
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27600000 USD
CY2018Q3 us-gaap Other Assets Current
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17500000 USD
CY2019Q1 us-gaap Land
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5400000 USD
CY2018Q3 us-gaap Land
Land
5400000 USD
CY2019Q1 us-gaap Buildings And Improvements Gross
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59400000 USD
CY2018Q3 us-gaap Buildings And Improvements Gross
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55900000 USD
CY2019Q1 us-gaap Machinery And Equipment Gross
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330800000 USD
CY2018Q3 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
311400000 USD
CY2019Q1 us-gaap Construction In Progress Gross
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41100000 USD
CY2018Q3 us-gaap Construction In Progress Gross
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22200000 USD
CY2019Q1 us-gaap Property Plant And Equipment Gross
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436700000 USD
CY2018Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
394900000 USD
CY2019Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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260700000 USD
CY2018Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
244000000.0 USD
CY2019Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
176000000.0 USD
CY2018Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
150900000 USD
CY2019Q1 us-gaap Accrued Employee Benefits Current
AccruedEmployeeBenefitsCurrent
23300000 USD
CY2018Q3 us-gaap Accrued Employee Benefits Current
AccruedEmployeeBenefitsCurrent
31700000 USD
CY2019Q1 mwa Accrued Rebate
AccruedRebate
4500000 USD
CY2018Q3 mwa Accrued Rebate
AccruedRebate
9700000 USD
CY2019Q1 us-gaap Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
4100000 USD
CY2018Q3 us-gaap Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
3300000 USD
CY2019Q1 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
7900000 USD
CY2018Q3 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
6000000.0 USD
CY2019Q1 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
800000 USD
CY2018Q3 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
7600000 USD
CY2019Q1 us-gaap Accrued Environmental Loss Contingencies Current
AccruedEnvironmentalLossContingenciesCurrent
1200000 USD
CY2018Q3 us-gaap Accrued Environmental Loss Contingencies Current
AccruedEnvironmentalLossContingenciesCurrent
1200000 USD
CY2019Q1 us-gaap Interest Payable Current
InterestPayableCurrent
7900000 USD
CY2018Q3 us-gaap Interest Payable Current
InterestPayableCurrent
8000000.0 USD
CY2019Q1 us-gaap Restructuring Reserve
RestructuringReserve
1700000 USD
CY2018Q3 us-gaap Restructuring Reserve
RestructuringReserve
900000 USD
CY2019Q1 us-gaap Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
37900000 USD
CY2018Q3 us-gaap Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
0 USD
CY2019Q1 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
15100000 USD
CY2018Q3 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
8000000.0 USD
CY2019Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
104400000 USD
CY2018Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
76400000 USD
CY2019Q1 us-gaap Revenues
Revenues
234000000.0 USD
CY2018Q1 us-gaap Revenues
Revenues
233200000 USD
us-gaap Revenues
Revenues
426800000 USD
us-gaap Revenues
Revenues
411500000 USD
CY2019Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
22200000 USD
CY2018Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
29900000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
38100000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
50600000 USD
CY2019Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
13400000 USD
CY2018Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
10900000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
25500000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
21500000 USD
CY2019Q1 us-gaap Restructuring Charges
RestructuringCharges
6900000 USD
CY2018Q1 us-gaap Restructuring Charges
RestructuringCharges
1900000 USD
us-gaap Restructuring Charges
RestructuringCharges
10100000 USD
us-gaap Restructuring Charges
RestructuringCharges
5800000 USD
CY2019Q1 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
14600000 USD
CY2018Q1 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
6400000 USD
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
30500000 USD
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
14400000 USD
CY2018Q3 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
26500000 USD
CY2018Q3 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
-6300000 USD
CY2018Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-32800000 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-1900000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
3100000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
5000000.0 USD
CY2019Q1 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
24600000 USD
CY2019Q1 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
-3200000 USD
CY2019Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-27800000 USD
CY2018Q4 us-gaap Loss Contingency Damages Sought Value
LossContingencyDamagesSoughtValue
10000000.0 CAD
CY2018Q4 us-gaap Income Tax Examination Estimate Of Possible Loss
IncomeTaxExaminationEstimateOfPossibleLoss
37400000 USD
CY2018Q4 us-gaap Income Tax Examination Penalties And Interest Expense
IncomeTaxExaminationPenaltiesAndInterestExpense
37400000 USD
CY2019Q1 us-gaap Income Tax Examination Interest Expense
IncomeTaxExaminationInterestExpense
500000 USD
CY2018Q4 us-gaap Taxes Payable Current And Noncurrent
TaxesPayableCurrentAndNoncurrent
7000000 USD
CY2019Q1 us-gaap Income Tax Examination Penalties And Interest Accrued
IncomeTaxExaminationPenaltiesAndInterestAccrued
31000000 USD

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