2016 Q2 Form 10-Q Financial Statement
#000007182916000118 Filed on July 29, 2016
Income Statement
Concept | 2016 Q2 | 2015 Q2 |
---|---|---|
Revenue | $115.3M | $163.6M |
YoY Change | -29.53% | -39.94% |
Cost Of Revenue | $102.8M | $142.2M |
YoY Change | -27.68% | -33.79% |
Gross Profit | $12.51M | $21.49M |
YoY Change | -41.77% | -62.79% |
Gross Profit Margin | 10.85% | 13.13% |
Selling, General & Admin | $21.44M | $23.96M |
YoY Change | -10.55% | -14.36% |
% of Gross Profit | 171.32% | 111.51% |
Research & Development | ||
YoY Change | ||
% of Gross Profit | ||
Depreciation & Amortization | $9.600M | $10.60M |
YoY Change | -9.43% | 6.0% |
% of Gross Profit | 76.73% | 49.33% |
Operating Expenses | $21.44M | $23.96M |
YoY Change | -10.55% | -14.36% |
Operating Profit | -$15.14M | -$1.682M |
YoY Change | 799.82% | -105.29% |
Interest Expense | -$2.300M | -$1.800M |
YoY Change | 27.78% | 80.0% |
% of Operating Profit | ||
Other Income/Expense, Net | ||
YoY Change | ||
Pretax Income | -$17.41M | -$3.496M |
YoY Change | 398.03% | -111.35% |
Income Tax | -$3.507M | $758.0K |
% Of Pretax Income | ||
Net Earnings | -$13.90M | -$4.254M |
YoY Change | 226.85% | -120.93% |
Net Earnings / Revenue | -12.06% | -2.6% |
Basic Earnings Per Share | -$0.17 | -$0.05 |
Diluted Earnings Per Share | -$0.17 | -$0.05 |
COMMON SHARES | ||
Basic Shares Outstanding | 83.46M shares | 82.53M shares |
Diluted Shares Outstanding | 83.46M shares | 82.53M shares |
Balance Sheet
Concept | 2016 Q2 | 2015 Q2 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $93.10M | $123.3M |
YoY Change | -24.49% | 117.08% |
Cash & Equivalents | $93.15M | $123.3M |
Short-Term Investments | ||
Other Short-Term Assets | $31.20M | $20.00M |
YoY Change | 56.0% | -33.11% |
Inventory | $144.9M | $188.0M |
Prepaid Expenses | ||
Receivables | $134.8M | $166.8M |
Other Receivables | $22.52M | $26.50M |
Total Short-Term Assets | $446.7M | $524.5M |
YoY Change | -14.84% | -12.74% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $311.2M | $297.8M |
YoY Change | 4.52% | 15.77% |
Goodwill | $18.62M | $90.64M |
YoY Change | -79.46% | |
Intangibles | $5.985M | $13.32M |
YoY Change | -55.05% | |
Long-Term Investments | ||
YoY Change | ||
Other Assets | $3.808M | $5.348M |
YoY Change | -28.8% | -42.49% |
Total Long-Term Assets | $343.3M | $407.1M |
YoY Change | -15.66% | 6.56% |
TOTAL ASSETS | ||
Total Short-Term Assets | $446.7M | $524.5M |
Total Long-Term Assets | $343.3M | $407.1M |
Total Assets | $790.0M | $931.6M |
YoY Change | -15.2% | -5.24% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $50.36M | $67.89M |
YoY Change | -25.83% | -33.96% |
Accrued Expenses | $36.68M | $35.97M |
YoY Change | 1.97% | -30.56% |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $10.19M | $9.237M |
YoY Change | 10.35% | |
Long-Term Debt Due | $10.20M | $9.200M |
YoY Change | 10.87% | -55.12% |
Total Short-Term Liabilities | $97.23M | $113.1M |
YoY Change | -14.03% | -35.41% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $160.5M | $172.5M |
YoY Change | -6.98% | -0.18% |
Other Long-Term Liabilities | $6.254M | $8.823M |
YoY Change | -29.12% | -19.79% |
Total Long-Term Liabilities | $166.7M | $181.3M |
YoY Change | -8.06% | -1.35% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $97.23M | $113.1M |
Total Long-Term Liabilities | $166.7M | $181.3M |
Total Liabilities | $292.3M | $321.1M |
YoY Change | -8.97% | -16.43% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | $143.8M | $259.4M |
YoY Change | -44.57% | |
Common Stock | $538.1M | $527.0M |
YoY Change | 2.12% | |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | $126.8M | $128.0M |
YoY Change | -0.95% | |
Treasury Stock Shares | 15.24M shares | $15.27M |
Shareholders Equity | $497.7M | $610.5M |
YoY Change | ||
Total Liabilities & Shareholders Equity | $790.0M | $931.6M |
YoY Change | -15.2% | -5.24% |
Cashflow Statement
Concept | 2016 Q2 | 2015 Q2 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | -$13.90M | -$4.254M |
YoY Change | 226.85% | -120.93% |
Depreciation, Depletion And Amortization | $9.600M | $10.60M |
YoY Change | -9.43% | 6.0% |
Cash From Operating Activities | $22.70M | $50.20M |
YoY Change | -54.78% | -664.04% |
INVESTING ACTIVITIES | ||
Capital Expenditures | -$13.30M | -$15.80M |
YoY Change | -15.82% | -58.64% |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | $1.000M | $800.0K |
YoY Change | 25.0% | -55.56% |
Cash From Investing Activities | -$12.10M | -$15.00M |
YoY Change | -19.33% | -58.79% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | 1.000M | -4.200M |
YoY Change | -123.81% | -85.16% |
NET CHANGE | ||
Cash From Operating Activities | 22.70M | 50.20M |
Cash From Investing Activities | -12.10M | -15.00M |
Cash From Financing Activities | 1.000M | -4.200M |
Net Change In Cash | 11.60M | 31.00M |
YoY Change | -62.58% | -142.12% |
FREE CASH FLOW | ||
Cash From Operating Activities | $22.70M | $50.20M |
Capital Expenditures | -$13.30M | -$15.80M |
Free Cash Flow | $36.00M | $66.00M |
YoY Change | -45.45% | 125.26% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
dei |
Amendment Flag
AmendmentFlag
|
false | ||
dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | ||
dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q2 | ||
dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2016 | ||
dei |
Document Period End Date
DocumentPeriodEndDate
|
2016-06-30 | ||
dei |
Document Type
DocumentType
|
10-Q | ||
dei |
Entity Central Index Key
EntityCentralIndexKey
|
0000071829 | ||
CY2016Q3 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
84519550 | shares |
dei |
Entity Filer Category
EntityFilerCategory
|
Large Accelerated Filer | ||
dei |
Entity Registrant Name
EntityRegistrantName
|
NEWPARK RESOURCES INC | ||
dei |
Trading Symbol
TradingSymbol
|
nr | ||
CY2015Q2 | nr |
Impairments And Other Charges
ImpairmentsAndOtherCharges
|
0 | USD |
nr |
Impairments And Other Charges
ImpairmentsAndOtherCharges
|
0 | USD | |
CY2016Q2 | nr |
Impairments And Other Charges
ImpairmentsAndOtherCharges
|
6925000 | USD |
nr |
Impairments And Other Charges
ImpairmentsAndOtherCharges
|
6925000 | USD | |
nr |
Purchase Of Senior Notes
PurchaseOfSeniorNotes
|
0 | USD | |
nr |
Purchase Of Senior Notes
PurchaseOfSeniorNotes
|
9206000 | USD | |
CY2015Q4 | us-gaap |
Accounts And Other Receivables Net Current
AccountsAndOtherReceivablesNetCurrent
|
206364000 | USD |
CY2016Q2 | us-gaap |
Accounts And Other Receivables Net Current
AccountsAndOtherReceivablesNetCurrent
|
177484000 | USD |
CY2015Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
72211000 | USD |
CY2016Q2 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
50357000 | USD |
CY2015Q4 | us-gaap |
Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
|
159119000 | USD |
CY2016Q2 | us-gaap |
Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
|
143277000 | USD |
CY2015Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
151930000 | USD |
CY2016Q2 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
134835000 | USD |
CY2015Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
45835000 | USD |
CY2016Q2 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
36680000 | USD |
CY2015Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-58276000 | USD |
CY2016Q2 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-57407000 | USD |
CY2015Q4 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
533746000 | USD |
CY2016Q2 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
537108000 | USD |
us-gaap |
Adjustments To Additional Paid In Capital Other
AdjustmentsToAdditionalPaidInCapitalOther
|
-870000 | USD | |
us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
6510000 | USD | |
us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
5613000 | USD | |
us-gaap |
Adjustments To Additional Paid In Capital Tax Effect From Share Based Compensation
AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation
|
396000 | USD | |
us-gaap |
Adjustments To Additional Paid In Capital Tax Effect From Share Based Compensation
AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation
|
1052000 | USD | |
CY2015Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
7189000 | USD |
CY2016Q2 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
8442000 | USD |
CY2015Q2 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
2911000 | shares |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
2685000 | shares | |
CY2016Q2 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
7220000 | shares |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
6742000 | shares | |
us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
0 | USD | |
us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
8617000 | USD | |
CY2015Q4 | us-gaap |
Assets
Assets
|
848893000 | USD |
CY2016Q2 | us-gaap |
Assets
Assets
|
790023000 | USD |
CY2015Q4 | us-gaap |
Assets Current
AssetsCurrent
|
506378000 | USD |
CY2016Q2 | us-gaap |
Assets Current
AssetsCurrent
|
446706000 | USD |
CY2014Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
85052000 | USD |
CY2015Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
123257000 | USD |
CY2015Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
107138000 | USD |
CY2016Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
93148000 | USD |
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
38205000 | USD | |
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-13990000 | USD | |
CY2015Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
CY2016Q2 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
CY2015Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2016Q2 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2015Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
200000000 | shares |
CY2016Q2 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
200000000 | shares |
CY2015Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
99377391 | shares |
CY2016Q2 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
99662742 | shares |
CY2015Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
994000 | USD |
CY2016Q2 | us-gaap |
Common Stock Value
CommonStockValue
|
997000 | USD |
CY2015Q2 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-2935000 | USD |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-19151000 | USD | |
CY2016Q2 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-17669000 | USD |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-26335000 | USD | |
CY2015Q2 | us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
142155000 | USD |
us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
318789000 | USD | |
CY2016Q2 | us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
102803000 | USD |
us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
214376000 | USD | |
CY2015Q4 | us-gaap |
Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
|
178593000 | USD |
CY2016Q2 | us-gaap |
Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
|
170653000 | USD |
CY2015Q4 | us-gaap |
Deferred Finance Costs Net
DeferredFinanceCostsNet
|
1296000 | USD |
CY2016Q2 | us-gaap |
Deferred Finance Costs Net
DeferredFinanceCostsNet
|
866000 | USD |
CY2015Q4 | us-gaap |
Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
|
1821000 | USD |
CY2016Q2 | us-gaap |
Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
|
3684000 | USD |
CY2015Q4 | us-gaap |
Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
|
26368000 | USD |
CY2016Q2 | us-gaap |
Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
|
28392000 | USD |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
21069000 | USD | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
19201000 | USD | |
CY2015Q2 | us-gaap |
Dilutive Securities Effect On Basic Earnings Per Share Other
DilutiveSecuritiesEffectOnBasicEarningsPerShareOther
|
0 | USD |
us-gaap |
Dilutive Securities Effect On Basic Earnings Per Share Other
DilutiveSecuritiesEffectOnBasicEarningsPerShareOther
|
0 | USD | |
CY2016Q2 | us-gaap |
Dilutive Securities Effect On Basic Earnings Per Share Other
DilutiveSecuritiesEffectOnBasicEarningsPerShareOther
|
0 | USD |
us-gaap |
Dilutive Securities Effect On Basic Earnings Per Share Other
DilutiveSecuritiesEffectOnBasicEarningsPerShareOther
|
0 | USD | |
CY2015Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.05 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.04 | ||
CY2016Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.17 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.33 | ||
CY2015Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.05 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.04 | ||
CY2016Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.17 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.33 | ||
us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
-4598000 | USD | |
us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
903000 | USD | |
CY2015Q2 | us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
410000 | USD |
us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
-1154000 | USD | |
CY2016Q2 | us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
746000 | USD |
us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
1201000 | USD | |
us-gaap |
Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
|
528000 | USD | |
us-gaap |
Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
|
1841000 | USD | |
CY2015Q2 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
0 | USD |
us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
0 | USD | |
CY2016Q2 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
0 | USD |
us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
1894000 | USD | |
CY2015Q4 | us-gaap |
Goodwill
Goodwill
|
19009000 | USD |
CY2016Q2 | us-gaap |
Goodwill
Goodwill
|
18620000 | USD |
CY2015Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-3496000 | USD |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-1187000 | USD | |
CY2016Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-17411000 | USD |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-35968000 | USD | |
CY2015Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
758000 | USD |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
2074000 | USD | |
CY2016Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-3507000 | USD |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-8764000 | USD | |
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
9137000 | USD | |
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
-22010000 | USD | |
CY2015Q4 | us-gaap |
Income Taxes Receivable
IncomeTaxesReceivable
|
32600000 | USD |
CY2016Q2 | us-gaap |
Income Taxes Receivable
IncomeTaxesReceivable
|
20129000 | USD |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-38744000 | USD | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-20720000 | USD | |
us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
-15166000 | USD | |
us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
1143000 | USD | |
us-gaap |
Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
|
3205000 | USD | |
us-gaap |
Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
|
-546000 | USD | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-2804000 | USD | |
us-gaap |
Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
|
0 | USD | |
us-gaap |
Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
|
22000 | USD | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-18981000 | USD | |
us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
2461000 | USD | |
us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
2204000 | USD | |
us-gaap |
Increase Decrease In Receivables
IncreaseDecreaseInReceivables
|
-113746000 | USD | |
us-gaap |
Increase Decrease In Receivables
IncreaseDecreaseInReceivables
|
-18006000 | USD | |
CY2015Q2 | us-gaap |
Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
|
0 | shares |
us-gaap |
Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
|
0 | shares | |
CY2016Q2 | us-gaap |
Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
|
0 | shares |
us-gaap |
Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
|
0 | shares | |
CY2015Q2 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
0 | shares |
us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
0 | shares | |
CY2016Q2 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
0 | shares |
us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
0 | shares | |
CY2015Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
11051000 | USD |
CY2016Q2 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
5985000 | USD |
CY2015Q2 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
-2224000 | USD |
us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
-4479000 | USD | |
CY2016Q2 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
-3022000 | USD |
us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
-5103000 | USD | |
us-gaap |
Interest Paid
InterestPaid
|
4412000 | USD | |
us-gaap |
Interest Paid
InterestPaid
|
4143000 | USD | |
CY2015Q4 | us-gaap |
Inventory Net
InventoryNet
|
163657000 | USD |
CY2016Q2 | us-gaap |
Inventory Net
InventoryNet
|
144876000 | USD |
CY2015Q4 | us-gaap |
Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
|
134591000 | USD |
CY2016Q2 | us-gaap |
Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
|
118027000 | USD |
CY2016Q2 | us-gaap |
Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
|
14900000 | USD |
CY2015Q4 | us-gaap |
Liabilities
Liabilities
|
328634000 | USD |
CY2016Q2 | us-gaap |
Liabilities
Liabilities
|
292336000 | USD |
CY2015Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
848893000 | USD |
CY2016Q2 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
790023000 | USD |
CY2015Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
125428000 | USD |
CY2016Q2 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
97230000 | USD |
CY2015Q4 | us-gaap |
Line Of Credit
LineOfCredit
|
0 | USD |
CY2016Q2 | us-gaap |
Line Of Credit
LineOfCredit
|
0 | USD |
CY2015Q4 | us-gaap |
Litigation Settlement Amount
LitigationSettlementAmount
|
-5000000 | USD |
CY2015Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
171211000 | USD |
CY2016Q2 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
160460000 | USD |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-5825000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-10598000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-33169000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-24121000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
81797000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
19826000 | USD | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-3261000 | USD | |
CY2016Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-13904000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-27204000 | USD | |
CY2015Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
-4254000 | USD |
CY2015Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-4254000 | USD |
us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
-3261000 | USD | |
CY2016Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
-13904000 | USD |
us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
-27204000 | USD | |
CY2015Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-1682000 | USD |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
4446000 | USD | |
CY2016Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-15135000 | USD |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-33960000 | USD | |
CY2015Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
3002000 | USD |
CY2016Q2 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
3808000 | USD |
CY2015Q4 | us-gaap |
Other Borrowings
OtherBorrowings
|
7392000 | USD |
CY2016Q2 | us-gaap |
Other Borrowings
OtherBorrowings
|
10198000 | USD |
CY2015Q2 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
1319000 | USD |
us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-15890000 | USD | |
CY2016Q2 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-3765000 | USD |
us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
869000 | USD | |
CY2015Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
5627000 | USD |
CY2016Q2 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
6254000 | USD |
CY2015Q2 | us-gaap |
Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
|
792000 | USD |
us-gaap |
Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
|
1068000 | USD | |
CY2016Q2 | us-gaap |
Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
|
713000 | USD |
us-gaap |
Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
|
2409000 | USD | |
CY2015Q4 | us-gaap |
Other Receivables Net Current
OtherReceivablesNetCurrent
|
21834000 | USD |
CY2016Q2 | us-gaap |
Other Receivables Net Current
OtherReceivablesNetCurrent
|
22520000 | USD |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
1769000 | USD | |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
1093000 | USD | |
us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
1697000 | USD | |
us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
1707000 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
34313000 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
26652000 | USD | |
CY2015Q4 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
29219000 | USD |
CY2016Q2 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
31198000 | USD |
us-gaap |
Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
|
359000 | USD | |
us-gaap |
Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
|
4000 | USD | |
us-gaap |
Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
|
4718000 | USD | |
us-gaap |
Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
|
4268000 | USD | |
us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
-1487000 | USD | |
us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
2170000 | USD | |
us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
1144000 | USD | |
us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
2553000 | USD | |
CY2015Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
307632000 | USD |
CY2016Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
311220000 | USD |
us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
1033000 | USD | |
us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
1582000 | USD | |
us-gaap |
Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
|
5949000 | USD | |
us-gaap |
Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
|
5034000 | USD | |
CY2016Q2 | us-gaap |
Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
|
16500000 | USD |
CY2015Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
171788000 | USD |
CY2016Q2 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
143756000 | USD |
CY2015Q2 | us-gaap |
Revenues
Revenues
|
163644000 | USD |
us-gaap |
Revenues
Revenues
|
372108000 | USD | |
CY2016Q2 | us-gaap |
Revenues
Revenues
|
115315000 | USD |
us-gaap |
Revenues
Revenues
|
229859000 | USD | |
CY2015Q2 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
163644000 | USD |
us-gaap |
Sales Revenue Net
SalesRevenueNet
|
372108000 | USD | |
CY2016Q2 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
115315000 | USD |
us-gaap |
Sales Revenue Net
SalesRevenueNet
|
229859000 | USD | |
CY2015Q4 | us-gaap |
Secured Debt
SecuredDebt
|
0 | USD |
CY2016Q2 | us-gaap |
Secured Debt
SecuredDebt
|
0 | USD |
CY2015Q2 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
23963000 | USD |
us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
49941000 | USD | |
CY2016Q2 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
21435000 | USD |
us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
44927000 | USD | |
CY2015Q2 | us-gaap |
Severance Costs1
SeveranceCosts1
|
732000 | USD |
us-gaap |
Severance Costs1
SeveranceCosts1
|
3653000 | USD | |
CY2016Q2 | us-gaap |
Severance Costs1
SeveranceCosts1
|
856000 | USD |
us-gaap |
Severance Costs1
SeveranceCosts1
|
4292000 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
6510000 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
5613000 | USD | |
CY2015Q4 | us-gaap |
Short Term Borrowings
ShortTermBorrowings
|
7382000 | USD |
CY2016Q2 | us-gaap |
Short Term Borrowings
ShortTermBorrowings
|
10193000 | USD |
us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
-1101000 | USD | |
us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
-798000 | USD | |
CY2016Q2 | us-gaap |
Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
|
33500000 | USD |
CY2014Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
625458000 | USD |
CY2015Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
610450000 | USD |
CY2015Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
520259000 | USD |
CY2016Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
497687000 | USD |
CY2015Q4 | us-gaap |
Supplemental Unemployment Benefits Severance Benefits
SupplementalUnemploymentBenefitsSeveranceBenefits
|
3300000 | USD |
CY2016Q2 | us-gaap |
Supplemental Unemployment Benefits Severance Benefits
SupplementalUnemploymentBenefitsSeveranceBenefits
|
1100000 | USD |
CY2015Q4 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
15302345 | shares |
CY2016Q2 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
15240397 | shares |
CY2015Q4 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
127993000 | USD |
CY2016Q2 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
126767000 | USD |
CY2015Q4 | us-gaap |
Unsecured Debt
UnsecuredDebt
|
172497000 | USD |
CY2016Q2 | us-gaap |
Unsecured Debt
UnsecuredDebt
|
161321000 | USD |
CY2015Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
82529000 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
82414000 | shares | |
CY2016Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
83457000 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
83358000 | shares | |
CY2015Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
82529000 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
82414000 | shares | |
CY2016Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
83457000 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
83358000 | shares | |
us-gaap |
Use Of Estimates
UseOfEstimates
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:8px;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In 2016, we revised our estimates of the useful lives and residual values of certain of our composite mats included in rental fleet fixed assets within the Mats and Integrated Services segment. We now estimate that certain composite mats which were originally estimated to have a useful life of </font><font style="font-family:inherit;font-size:10pt;">7 years</font><font style="font-family:inherit;font-size:10pt;"> with </font><font style="font-family:inherit;font-size:10pt;">zero</font><font style="font-family:inherit;font-size:10pt;"> residual value will have estimated useful lives ranging from </font><font style="font-family:inherit;font-size:10pt;">10</font><font style="font-family:inherit;font-size:10pt;"> to </font><font style="font-family:inherit;font-size:10pt;">12 years</font><font style="font-family:inherit;font-size:10pt;"> with an estimated residual value of </font><font style="font-family:inherit;font-size:10pt;">20%</font><font style="font-family:inherit;font-size:10pt;">. These changes in estimates were recognized prospectively beginning January 1, 2016 resulting in a reduction in depreciation expense for the Mats and Integrated Services segment of approximately </font><font style="font-family:inherit;font-size:10pt;">$1.5 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$3.1 million</font><font style="font-family:inherit;font-size:10pt;"> for the </font><font style="font-family:inherit;font-size:10pt;">three and six</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">June 30, 2016</font><font style="font-family:inherit;font-size:10pt;">, respectively. We expect these changes to have a similar effect on quarterly results going forward.</font></div></div> |