2019 Q4 Form 10-Q Financial Statement

#000162828019013761 Filed on November 08, 2019

View on sec.gov

Income Statement

Concept 2019 Q4 2019 Q3 2018 Q3
Revenue $110.7M $120.5M $205.7M
YoY Change -44.52% -41.43% 38.83%
Cost Of Revenue $91.80M $96.70M $156.4M
YoY Change -41.42% -38.17% 40.56%
Gross Profit $18.90M $23.80M $49.28M
YoY Change -55.8% -51.7% 33.59%
Gross Profit Margin 17.08% 19.76% 23.96%
Selling, General & Admin $15.90M $15.49M $22.48M
YoY Change 960.0% -31.08% 32.35%
% of Gross Profit 84.13% 65.1% 45.62%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $22.88M $11.28M $21.26M
YoY Change 18.37% -46.92% 58.84%
% of Gross Profit 121.06% 47.41% 43.14%
Operating Expenses $29.00M $15.49M $22.48M
YoY Change 14400.0% -31.08% 32.35%
Operating Profit -$10.10M -$1.811M $5.881M
YoY Change -123.73% -130.79% 5.94%
Interest Expense -$4.200M $3.805M $18.61M
YoY Change -111.9% -79.55% 46.07%
% of Operating Profit 316.41%
Other Income/Expense, Net -$100.0K -$633.0K -$308.0K
YoY Change 0.0% 105.52% -140.79%
Pretax Income -$14.70M -$6.249M -$19.66M
YoY Change -90.17% -68.21% 206.88%
Income Tax -$3.400M -$1.134M -$5.609M
% Of Pretax Income
Net Earnings -$14.09M -$5.855M -$13.89M
YoY Change -93.52% -57.84% -111.02%
Net Earnings / Revenue -12.73% -4.86% -6.75%
Basic Earnings Per Share -$0.35 -$0.14 -$0.48
Diluted Earnings Per Share -$0.35 -$0.14 -$0.48
COMMON SHARES
Basic Shares Outstanding 42.33M shares 42.04M shares 28.69M shares
Diluted Shares Outstanding 42.04M shares 28.69M shares

Balance Sheet

Concept 2019 Q4 2019 Q3 2018 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $31.70M $24.40M $17.80M
YoY Change 76.11% 37.08% -94.88%
Cash & Equivalents $17.91M $24.41M $17.79M
Short-Term Investments
Other Short-Term Assets $11.78M $21.88M $22.74M
YoY Change -45.45% -3.74% 12.58%
Inventory $67.08M $126.8M $124.1M
Prepaid Expenses
Receivables $83.24M $141.6M $150.0M
Other Receivables $5.900M $1.600M $39.30M
Total Short-Term Assets $303.0M $316.3M $354.0M
YoY Change 2.29% -10.64% -35.93%
LONG-TERM ASSETS
Property, Plant & Equipment $256.0M $364.5M $352.1M
YoY Change -29.1% 3.5% 47.46%
Goodwill $94.78M $437.3M $624.5M
YoY Change 0.29% -29.97% 40.8%
Intangibles
YoY Change
Long-Term Investments $21.76M $19.88M $39.32M
YoY Change 6.83% -49.45% 4.2%
Other Assets $8.574M $7.393M $8.750M
YoY Change 12.71% -15.51% 5.69%
Total Long-Term Assets $1.239B $1.237B $1.409B
YoY Change 2.85% -12.2% 46.04%
TOTAL ASSETS
Total Short-Term Assets $303.0M $316.3M $354.0M
Total Long-Term Assets $1.239B $1.237B $1.409B
Total Assets $1.542B $1.554B $1.763B
YoY Change 2.74% -11.89% 16.2%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $40.97M $65.53M $66.30M
YoY Change -37.63% -1.16% 37.19%
Accrued Expenses $37.10M $39.00M $27.90M
YoY Change 50.81% 39.78% 60.34%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $19.11M $25.60M $31.73M
YoY Change -38.92% -19.31% 50.43%
Total Short-Term Liabilities $139.5M $156.0M $149.8M
YoY Change -3.83% 4.14% -14.4%
LONG-TERM LIABILITIES
Long-Term Debt $757.3M $841.7M $843.5M
YoY Change -6.68% -0.21% 6.24%
Other Long-Term Liabilities $40.46M $46.96M $26.77M
YoY Change 37.53% 75.42% 145.89%
Total Long-Term Liabilities $797.7M $888.7M $870.3M
YoY Change -5.14% 2.12% 8.13%
TOTAL LIABILITIES
Total Short-Term Liabilities $139.5M $156.0M $149.8M
Total Long-Term Liabilities $797.7M $888.7M $870.3M
Total Liabilities $1.096B $1.194B $1.122B
YoY Change 1.3% 6.39% 4.28%
SHAREHOLDERS EQUITY
Retained Earnings -$105.3M -$98.89M
YoY Change 80.0%
Common Stock $423.0K $423.0K
YoY Change -99.92%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$44.55M $356.3M $641.0M
YoY Change
Total Liabilities & Shareholders Equity $1.542B $1.554B $1.763B
YoY Change 2.74% -11.89% 16.2%

Cashflow Statement

Concept 2019 Q4 2019 Q3 2018 Q3
OPERATING ACTIVITIES
Net Income -$14.09M -$5.855M -$13.89M
YoY Change -93.52% -57.84% -111.02%
Depreciation, Depletion And Amortization $22.88M $11.28M $21.26M
YoY Change 18.37% -46.92% 58.84%
Cash From Operating Activities $15.60M $29.24M $6.210M
YoY Change -71.2% 370.85% -60.09%
INVESTING ACTIVITIES
Capital Expenditures -$13.28M -$11.73M -$18.11M
YoY Change -22.07% -35.23% 64.49%
Acquisitions
YoY Change
Other Investing Activities $4.860M $500.0K -$5.500M
YoY Change 337.84% -109.09% -101.51%
Cash From Investing Activities -$8.430M -$11.23M -$23.62M
YoY Change -47.08% -52.46% -106.69%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -1.590M -12.83M 12.09M
YoY Change -95.79% -206.12% -129.6%
NET CHANGE
Cash From Operating Activities 15.60M 29.24M 6.210M
Cash From Investing Activities -8.430M -11.23M -23.62M
Cash From Financing Activities -1.590M -12.83M 12.09M
Net Change In Cash 5.580M 5.180M -5.320M
YoY Change 1038.78% -197.37% -101.62%
FREE CASH FLOW
Cash From Operating Activities $15.60M $29.24M $6.210M
Capital Expenditures -$13.28M -$11.73M -$18.11M
Free Cash Flow $28.88M $40.97M $24.32M
YoY Change -59.44% 68.46% -8.47%

Facts In Submission

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-19562000 USD
CY2019Q3 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-2699000 USD
CY2018Q4 us-gaap Goodwill
Goodwill
439452000 USD
CY2019Q3 us-gaap Goodwill
Goodwill
437280000 USD
us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-2172000 USD
CY2018Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-19659000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-58753000 USD
CY2019Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-7159000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-29704000 USD
CY2018Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
266000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
1744000 USD
CY2019Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
279000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
345000 USD
us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
1744000 USD
us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
345000 USD
CY2018Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-5609000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-12213000 USD
CY2019Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-1283000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1535000 USD
CY2018Q4 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
2277000 USD
CY2019Q3 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
1610000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
3733000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-334000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
19656000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
9929000 USD
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-1681000 USD
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
1696000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
18207000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
5794000 USD
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
6004000 USD
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
11078000 USD
CY2018Q3 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
300000 USD
us-gaap Interest Costs Capitalized
InterestCostsCapitalized
800000 USD
CY2019Q3 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
400000 USD
us-gaap Interest Costs Capitalized
InterestCostsCapitalized
1500000 USD
CY2018Q3 us-gaap Interest Expense
InterestExpense
18608000 USD
us-gaap Interest Expense
InterestExpense
46592000 USD
CY2019Q3 us-gaap Interest Expense
InterestExpense
14733000 USD
us-gaap Interest Expense
InterestExpense
42492000 USD
CY2018Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
27107000 USD
CY2019Q3 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
27508000 USD
CY2018Q4 us-gaap Inventory Net
InventoryNet
122615000 USD
CY2019Q3 us-gaap Inventory Net
InventoryNet
126832000 USD
CY2018Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
52930000 USD
CY2019Q3 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
52776000 USD
CY2018Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
42578000 USD
CY2019Q3 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
46548000 USD
CY2018Q3 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
4500000 USD
us-gaap Lease And Rental Expense
LeaseAndRentalExpense
9000000 USD
CY2019Q3 us-gaap Lease Cost
LeaseCost
4027000 USD
us-gaap Lease Cost
LeaseCost
11863000 USD
CY2019Q3 us-gaap Lessee Operating Lease Lease Not Yet Commenced Term Of Contract1
LesseeOperatingLeaseLeaseNotYetCommencedTermOfContract1
P15Y
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
112524000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
65383000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
9384000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
10927000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
11218000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
12106000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
3506000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
36998000 USD
CY2018Q4 us-gaap Liabilities
Liabilities
1081631000 USD
CY2019Q3 us-gaap Liabilities
Liabilities
1193948000 USD
CY2018Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1502901000 USD
CY2019Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1553745000 USD
CY2018Q4 us-gaap Liabilities Current
LiabilitiesCurrent
145030000 USD
CY2019Q3 us-gaap Liabilities Current
LiabilitiesCurrent
156009000 USD
CY2018Q4 us-gaap Line Of Credit
LineOfCredit
9800000 USD
CY2019Q3 us-gaap Line Of Credit
LineOfCredit
9900000 USD
CY2019Q3 us-gaap Line Of Credit
LineOfCredit
9897000 USD
CY2019Q3 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
16700000 USD
CY2018Q4 us-gaap Lines Of Credit Fair Value Disclosure
LinesOfCreditFairValueDisclosure
10400000 USD
CY2019Q3 us-gaap Lines Of Credit Fair Value Disclosure
LinesOfCreditFairValueDisclosure
11300000 USD
CY2018Q4 us-gaap Long Term Debt
LongTermDebt
859593000 USD
CY2019Q3 us-gaap Long Term Debt
LongTermDebt
878970000 USD
CY2018Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
31280000 USD
CY2019Q3 us-gaap Long Term Debt Current
LongTermDebtCurrent
25601000 USD
CY2018Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
811471000 USD
CY2019Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
841748000 USD
CY2019Q3 us-gaap Loss Contingency Accrual Carrying Value Current
LossContingencyAccrualCarryingValueCurrent
0 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
252827000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-445359000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-30997000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-13215000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
33607000 USD
CY2018Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
5881000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
9283000 USD
CY2019Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
7672000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
16371000 USD
CY2019Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
3461000 USD
us-gaap Operating Lease Cost
OperatingLeaseCost
10294000 USD
CY2019Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
75526000 USD
CY2018Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
0 USD
CY2019Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
7047000 USD
CY2018Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
0 USD
CY2019Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
68479000 USD
us-gaap Operating Lease Payments
OperatingLeasePayments
184000 USD
CY2018Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
0 USD
CY2019Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
67885000 USD
CY2019Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.078
CY2019Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P10Y8M0D
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
108399000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
13337000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
8752000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
10293000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
10557000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
11515000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
53945000 USD
CY2018Q4 us-gaap Other Assets Current
OtherAssetsCurrent
21901000 USD
CY2019Q3 us-gaap Other Assets Current
OtherAssetsCurrent
21884000 USD
CY2018Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
7607000 USD
CY2019Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
7393000 USD
CY2018Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-4193000 USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-14509000 USD
CY2019Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-11448000 USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-11620000 USD
CY2019Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax
1181000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax
11999000 USD
CY2019Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax
-376000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax
-3472000 USD
CY2019Q3 us-gaap Other Comprehensive Income Loss Derivative Excluded Component Increase Decrease Adjustments Tax
OtherComprehensiveIncomeLossDerivativeExcludedComponentIncreaseDecreaseAdjustmentsTax
-68000 USD
us-gaap Other Comprehensive Income Loss Derivative Excluded Component Increase Decrease Adjustments Tax
OtherComprehensiveIncomeLossDerivativeExcludedComponentIncreaseDecreaseAdjustmentsTax
-68000 USD
CY2018Q3 us-gaap Other Comprehensive Income Loss Derivative Excluded Component Increase Decrease Before Adjustments And Tax
OtherComprehensiveIncomeLossDerivativeExcludedComponentIncreaseDecreaseBeforeAdjustmentsAndTax
0 USD
us-gaap Other Comprehensive Income Loss Derivative Excluded Component Increase Decrease Before Adjustments And Tax
OtherComprehensiveIncomeLossDerivativeExcludedComponentIncreaseDecreaseBeforeAdjustmentsAndTax
0 USD
CY2019Q3 us-gaap Other Comprehensive Income Loss Derivative Excluded Component Increase Decrease Before Adjustments And Tax
OtherComprehensiveIncomeLossDerivativeExcludedComponentIncreaseDecreaseBeforeAdjustmentsAndTax
238000 USD
us-gaap Other Comprehensive Income Loss Derivative Excluded Component Increase Decrease Before Adjustments And Tax
OtherComprehensiveIncomeLossDerivativeExcludedComponentIncreaseDecreaseBeforeAdjustmentsAndTax
238000 USD
CY2018Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-4193000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-14509000 USD
CY2019Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-12391000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-23381000 USD
CY2018Q3 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
0 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
0 USD
CY2018Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
23420000 USD
CY2019Q3 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
24548000 USD
CY2018Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
29417000 USD
CY2019Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
46961000 USD
CY2018Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-308000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-1882000 USD
CY2019Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-98000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-884000 USD
us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
255000 USD
us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
2091000 USD
CY2018Q3 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
733000 USD
us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
638000 USD
CY2019Q3 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
1255000 USD
us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
1019000 USD
CY2018Q3 us-gaap Other Restructuring Costs
OtherRestructuringCosts
51000 USD
us-gaap Other Restructuring Costs
OtherRestructuringCosts
73000 USD
us-gaap Other Restructuring Costs
OtherRestructuringCosts
-12000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-650000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-1723000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
20703000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
1016000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
5812000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
8879000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
399011000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
46998000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
40720000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
217435000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
288594000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
52144000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-3161000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-2636000 USD
us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
10474000 USD
us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
-6086000 USD
us-gaap Proceeds From Sale Of Short Term Investments
ProceedsFromSaleOfShortTermInvestments
0 USD
us-gaap Proceeds From Sale Of Short Term Investments
ProceedsFromSaleOfShortTermInvestments
8000000 USD
CY2018Q3 us-gaap Profit Loss
ProfitLoss
-13784000 USD
us-gaap Profit Loss
ProfitLoss
-44796000 USD
CY2019Q3 us-gaap Profit Loss
ProfitLoss
-5597000 USD
us-gaap Profit Loss
ProfitLoss
-30894000 USD
CY2018Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
361028000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
234000000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
26634000 USD
CY2019Q3 us-gaap Restructuring And Related Cost Expected Cost Remaining1
RestructuringAndRelatedCostExpectedCostRemaining1
400000 USD
CY2019Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
364479000 USD
CY2018Q3 us-gaap Restructuring Charges
RestructuringCharges
-209000 USD
us-gaap Restructuring Charges
RestructuringCharges
2137000 USD
us-gaap Restructuring Charges
RestructuringCharges
-12000 USD
CY2018Q4 us-gaap Restructuring Reserve
RestructuringReserve
1146000 USD
CY2019Q3 us-gaap Restructuring Reserve
RestructuringReserve
598000 USD
us-gaap Restructuring Reserve Period Increase Decrease
RestructuringReservePeriodIncreaseDecrease
-536000 USD
us-gaap Restructuring Reserve Settled Without Cash2
RestructuringReserveSettledWithoutCash2
0 USD
CY2018Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-59071000 USD
CY2019Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-98888000 USD
CY2018Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
205683000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
571180000 USD
CY2019Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
213897000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
648819000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
8677000 USD
CY2018Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
22480000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
71298000 USD
CY2019Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
24043000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
78911000 USD
CY2018Q3 us-gaap Severance Costs1
SeveranceCosts1
-260000 USD
us-gaap Severance Costs1
SeveranceCosts1
2064000 USD
us-gaap Severance Costs1
SeveranceCosts1
0 USD
CY2019Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
570000 shares
CY2019Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
14.24
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
7000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
139000 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
210400 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
210000 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
2.77
CY2019Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
0 USD
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
771000 shares
CY2019Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
837000 shares
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
15.17
CY2019Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
13.34
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
4.42
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
15.61
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
7.93
CY2019Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
0 USD
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P4Y7M
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P6Y0M14D
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
2600000 USD
CY2019Q3 us-gaap Short Term Lease Cost
ShortTermLeaseCost
131000 USD
us-gaap Short Term Lease Cost
ShortTermLeaseCost
342000 USD
CY2018Q3 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
14375000 shares
us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
14375000 shares
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
5000 shares
CY2018Q3 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
217312000 USD
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
217312000 USD
us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
274000 USD
CY2019Q3 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
21000 USD
us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
21000 USD
CY2017Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
486104000 USD
CY2018Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
442795000 USD
CY2018Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
640515000 USD
CY2018Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
421270000 USD
CY2019Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
380836000 USD
CY2019Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
359797000 USD
us-gaap Tax Cuts And Jobs Act Of2017 Change In Tax Rate Income Tax Expense Benefit
TaxCutsAndJobsActOf2017ChangeInTaxRateIncomeTaxExpenseBenefit
6000000 USD
CY2018Q4 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
16842000 USD
CY2019Q3 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
11621000 USD
CY2018Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
28688000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
27784000 shares
CY2019Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
42038000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
42013000 shares
CY2018Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
28688000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
27784000 shares
CY2019Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
42038000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
42013000 shares
us-gaap Comparability Of Prior Year Financial Data
ComparabilityOfPriorYearFinancialData
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Prior Periods&#8217; Financial Statement Revisions</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In connection with the preparation of our interim financial statements for the </font><font style="font-family:inherit;font-size:10pt;">nine</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2019</font><font style="font-family:inherit;font-size:10pt;">, we identified tax accounting misstatements in our previously issued </font><font style="font-family:inherit;font-size:10pt;">2018</font><font style="font-family:inherit;font-size:10pt;"> Annual Report. Such misstatements relate to the tax accounting associated with the </font><font style="font-family:inherit;font-size:10pt;">2018</font><font style="font-family:inherit;font-size:10pt;"> impairment of our joint venture as well as other immaterial tax misstatements. We assessed the materiality of the misstatements on prior periods&#8217; financial statements in accordance with SEC Staff Accounting Bulletin (&#8220;SAB&#8221;) Topic 1.M, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Materiality</font><font style="font-family:inherit;font-size:10pt;">, codified in Accounting Standards Codification (&#8220;ASC&#8221;) Topic 250, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Accounting Changes and Error Corrections</font><font style="font-family:inherit;font-size:10pt;">, (&#8220;ASC 250&#8221;) and concluded that the misstatements were not material to the prior annual or interim periods. However, the Company has determined that it will revise its previously issued </font><font style="font-family:inherit;font-size:10pt;">2018</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2017</font><font style="font-family:inherit;font-size:10pt;"> annual financial statements, and relevant interim periods, to correct for these misstatements. In connection with such revision, the Company will correct for an immaterial tax misstatement that originated in </font><font style="font-family:inherit;font-size:10pt;">2017</font><font style="font-family:inherit;font-size:10pt;"> and had been previously corrected for as an out of period adjustment in 2018.</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In connection with the filing of this Quarterly Report, we have revised the accompanying Consolidated Statements of Operations and Comprehensive Income (Loss) and our Consolidated Statements of Cash Flows for the </font><font style="font-family:inherit;font-size:10pt;">nine months ended September 30, 2018</font><font style="font-family:inherit;font-size:10pt;">, and have reflected the impact of the revision on our Consolidated Balance Sheet as of </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2018</font><font style="font-family:inherit;font-size:10pt;">. Refer to </font><font style="font-family:inherit;font-size:10pt;">Note 17</font><font style="font-family:inherit;font-size:10pt;"> for the effect of the correction of the misstatements on each of the financial statements noted above. </font></div></div>

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