2015 Q4 Form 10-K Financial Statement

#000143774916026859 Filed on March 04, 2016

View on sec.gov

Income Statement

Concept 2015 Q4 2015 Q2 2015 Q1
Revenue $45.56M $53.85M $84.87M
YoY Change -55.4% -47.2% 2.68%
Cost Of Revenue $57.00M $56.44M $80.97M
YoY Change -38.71% -37.75% 3.37%
Gross Profit -$11.41M -$2.593M $3.891M
YoY Change -225.06% -122.91% -9.81%
Gross Profit Margin -25.05% -4.82% 4.58%
Selling, General & Admin $5.100M $5.452M $6.974M
YoY Change -21.54% -7.87% 28.2%
% of Gross Profit 179.23%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $2.540M $2.150M $2.630M
YoY Change -30.22% -29.74% -16.75%
% of Gross Profit 67.59%
Operating Expenses $5.100M $5.452M $6.974M
YoY Change -21.54% -7.87% 28.2%
Operating Profit -$16.52M -$13.33M -$3.083M
YoY Change 23.16% -346.84% 173.8%
Interest Expense -$500.0K $286.0K $417.0K
YoY Change 25.0% -49.74% -45.84%
% of Operating Profit
Other Income/Expense, Net $0.00 $14.00K $44.00K
YoY Change -100.0% -46.15% -169.84%
Pretax Income -$17.00M -$13.52M -$3.374M
YoY Change 24.09% -373.75% 79.66%
Income Tax -$3.300M -$1.439M -$1.273M
% Of Pretax Income
Net Earnings -$13.69M -$12.08M -$2.101M
YoY Change -2.16% -478.41% -82.64%
Net Earnings / Revenue -30.05% -22.43% -2.48%
Basic Earnings Per Share -$1.43 -$1.26 -$0.22
Diluted Earnings Per Share -$1.43 -$1.26 -$0.22
COMMON SHARES
Basic Shares Outstanding 9.557M 9.553M
Diluted Shares Outstanding 9.557M 9.553M

Balance Sheet

Concept 2015 Q4 2015 Q2 2015 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $10.30M $700.0K $100.0K
YoY Change 1960.0% 600.0%
Cash & Equivalents $10.31M $688.0K $116.0K
Short-Term Investments
Other Short-Term Assets $1.900M $6.500M $13.30M
YoY Change -85.16% -45.83% 111.11%
Inventory $29.48M $51.15M $61.28M
Prepaid Expenses
Receivables $70.20M $83.30M $84.70M
Other Receivables $3.400M $6.800M $3.900M
Total Short-Term Assets $115.3M $148.5M $163.3M
YoY Change -40.95% -17.29% -9.47%
LONG-TERM ASSETS
Property, Plant & Equipment $131.8M $133.4M $132.8M
YoY Change -0.56% -0.65% -0.34%
Goodwill $0.00 $5.282M
YoY Change -100.0% -75.26%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $12.25M $12.83M $19.31M
YoY Change -34.71% -38.08% -23.8%
Total Long-Term Assets $144.1M $146.2M $157.4M
YoY Change -8.01% -17.08% -12.53%
TOTAL ASSETS
Total Short-Term Assets $115.3M $148.5M $163.3M
Total Long-Term Assets $144.1M $146.2M $157.4M
Total Assets $259.4M $294.7M $320.8M
YoY Change -26.29% -17.19% -11.0%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $4.739M $14.60M $9.421M
YoY Change -69.39% -12.26% -54.98%
Accrued Expenses $15.97M $9.442M $9.103M
YoY Change 76.07% -9.3% -25.34%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $300.0K $200.0K $1.900M
YoY Change -86.36% -80.0% -46.79%
Total Short-Term Liabilities $21.57M $25.15M $21.91M
YoY Change -27.02% -24.68% -60.77%
LONG-TERM LIABILITIES
Long-Term Debt $700.0K $7.200M $25.00M
YoY Change -98.47% -82.44% -5.66%
Other Long-Term Liabilities $14.41M $16.07M $16.12M
YoY Change -14.56% -0.78% -0.62%
Total Long-Term Liabilities $14.41M $16.07M $16.12M
YoY Change -14.56% -0.78% -0.62%
TOTAL LIABILITIES
Total Short-Term Liabilities $21.57M $25.15M $21.91M
Total Long-Term Liabilities $14.41M $16.07M $16.12M
Total Liabilities $41.82M $62.66M $77.23M
YoY Change -60.64% -39.09% -30.74%
SHAREHOLDERS EQUITY
Retained Earnings $101.2M $116.4M $128.5M
YoY Change -22.51% -16.59% -5.78%
Common Stock $117.9M $117.3M $116.8M
YoY Change 0.87% 123334.74% 122840.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $217.6M $232.0M $243.5M
YoY Change
Total Liabilities & Shareholders Equity $259.4M $294.7M $320.8M
YoY Change -26.29% -17.19% -11.0%

Cashflow Statement

Concept 2015 Q4 2015 Q2 2015 Q1
OPERATING ACTIVITIES
Net Income -$13.69M -$12.08M -$2.101M
YoY Change -2.16% -478.41% -82.64%
Depreciation, Depletion And Amortization $2.540M $2.150M $2.630M
YoY Change -30.22% -29.74% -16.75%
Cash From Operating Activities $17.41M $17.20M $24.57M
YoY Change 349.87% -349.28% -38.78%
INVESTING ACTIVITIES
Capital Expenditures -$820.0K -$2.330M $3.689M
YoY Change -69.29% -42.47% -25.68%
Acquisitions
YoY Change
Other Investing Activities $0.00 $5.280M -$161.0K
YoY Change -100.0% 52700.0% 1138.46%
Cash From Investing Activities -$810.0K $2.950M -$3.528M
YoY Change -69.55% -173.2% -113.23%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -6.910M -19.56M -21.46M
YoY Change 797.4% -278.3% -68.14%
NET CHANGE
Cash From Operating Activities 17.41M 17.20M 24.57M
Cash From Investing Activities -810.0K 2.950M -3.528M
Cash From Financing Activities -6.910M -19.56M -21.46M
Net Change In Cash 9.690M 590.0K -411.0K
YoY Change 2102.27% 1375.0% -23.75%
FREE CASH FLOW
Cash From Operating Activities $17.41M $17.20M $24.57M
Capital Expenditures -$820.0K -$2.330M $3.689M
Free Cash Flow $18.23M $19.53M $20.88M
YoY Change 178.75% -785.26% -40.63%

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<div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style=" TEXT-ALIGN: justify; MARGIN: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">Concentrations of Credit Risk </div></div></div><div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">&nbsp;</div></div><div style=" TEXT-ALIGN: justify; MARGIN: 0pt; LINE-HEIGHT: 1.25; TEXT-INDENT: 24.5pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Financial instruments, which potentially subject the Company to concentrations of credit risk, consist principally of trade receivables, derivative contracts, the escrow account related to the sale of the OCTG business, and deferred compensation plan assets. Trade receivables generally represent a large number of customers, including municipalities, manufacturers, distributors and contractors, dispersed across a wide geographic base. At December&nbsp;31, 2015, no customer had a balance in excess of 10% of total accounts receivable. At December&nbsp;31, 2014, one customer had a balance in excess of 10% of total accounts receivable. Derivative contracts are with a financial institution whose short-term investments are rated A-1 by Standard and Poor&#x2019;s. The Company&#x2019;s deferred compensation plan assets, also included in other assets, are invested in a diversified portfolio of stock and bond mutual funds. </div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div>
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213000
CY2015Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
213000
CY2015Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
459000
CY2015Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
495000
CY2015Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
3967000
CY2015Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
2921000
CY2015 us-gaap Finite Lived Intangible Assets Remaining Amortization Period1
FiniteLivedIntangibleAssetsRemainingAmortizationPeriod1
P8Y73D
CY2015Q4 us-gaap Foreign Currency Cash Flow Hedge Gain Loss To Be Reclassified During Next12 Months
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100000
CY2015 us-gaap Foreign Currency Transaction Gain Loss Unrealized
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-295000
CY2014 us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
13000
CY2013 us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
195000
CY2014Q4 us-gaap Goodwill
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5282000
CY2013 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
5282000
CY2015 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
5282000
CY2014 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
16066000
CY2013 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
CY2014 us-gaap Goodwill Written Off Related To Sale Of Business Unit
GoodwillWrittenOffRelatedToSaleOfBusinessUnit
4412000
CY2015 us-gaap Gross Profit
GrossProfit
-12625000
CY2014 us-gaap Gross Profit
GrossProfit
40576000
CY2013 us-gaap Gross Profit
GrossProfit
60236000
CY2015Q1 us-gaap Gross Profit
GrossProfit
3891000
CY2015 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-105000
CY2014 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-489000
CY2013 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-256000
CY2015Q4 us-gaap Goodwill
Goodwill
0
CY2012Q4 us-gaap Goodwill
Goodwill
20478000
CY2013Q4 us-gaap Goodwill
Goodwill
25760000
CY2015Q2 us-gaap Gross Profit
GrossProfit
-2593000
CY2015Q3 us-gaap Gross Profit
GrossProfit
-2511000
CY2015Q4 us-gaap Gross Profit
GrossProfit
-11412000
CY2014Q1 us-gaap Gross Profit
GrossProfit
4314000
CY2014Q2 us-gaap Gross Profit
GrossProfit
11317000
CY2014Q3 us-gaap Gross Profit
GrossProfit
15820000
CY2014Q4 us-gaap Gross Profit
GrossProfit
9125000
CY2015 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-29388000
CY2014 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-6173000
CY2013 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
21676000
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-41339000
CY2014 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-1522000
CY2013 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
34034000
CY2015 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-3.07
CY2014 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-0.65
CY2013 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
2.29
CY2015Q1 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-0.22
CY2015Q2 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-1.26
CY2015Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-0.16
CY2015Q4 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-1.43
CY2014Q2 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.33
CY2014Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.61
CY2014Q4 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-1.47
CY2014 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-11714000
CY2013 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-22599000
CY2015 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
CY2014Q1 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-0.13
CY2014Q2 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.34
CY2014Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.62
CY2014Q4 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-1.47
CY2015 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-3.07
CY2014 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-0.65
CY2013 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
2.27
CY2015Q1 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-0.22
CY2015Q2 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-1.26
CY2015Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-0.16
CY2015Q4 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-1.43
CY2014Q1 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-0.13
CY2015 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-11951000
CY2014 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4651000
CY2013 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
12358000
CY2015 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
5210000
CY2014 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
9000
CY2013 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
954000
CY2015 us-gaap Income Tax Reconciliation Deductions Qualified Production Activities
IncomeTaxReconciliationDeductionsQualifiedProductionActivities
-630000
CY2014 us-gaap Income Tax Reconciliation Deductions Qualified Production Activities
IncomeTaxReconciliationDeductionsQualifiedProductionActivities
CY2013 us-gaap Income Tax Reconciliation Deductions Qualified Production Activities
IncomeTaxReconciliationDeductionsQualifiedProductionActivities
641000
CY2015 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-14470000
CY2014 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-532000
CY2013 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
11921000
CY2015 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
91000
CY2014 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
207000
CY2013 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
345000
CY2015 us-gaap Income Tax Reconciliation Nondeductible Expense Impairment Losses
IncomeTaxReconciliationNondeductibleExpenseImpairmentLosses
1849000
CY2014 us-gaap Income Tax Reconciliation Nondeductible Expense Impairment Losses
IncomeTaxReconciliationNondeductibleExpenseImpairmentLosses
5623000
CY2013 us-gaap Income Tax Reconciliation Nondeductible Expense Impairment Losses
IncomeTaxReconciliationNondeductibleExpenseImpairmentLosses
CY2015 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
104000
CY2014 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
137000
CY2013 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-59000
CY2015 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-866000
CY2014 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-96000
CY2013 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
370000
CY2015 us-gaap Income Tax Reconciliation Tax Contingencies
IncomeTaxReconciliationTaxContingencies
2082000
CY2014 us-gaap Income Tax Reconciliation Tax Contingencies
IncomeTaxReconciliationTaxContingencies
5000
CY2015Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Current And Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesCurrentAndNoncurrent
1900000
CY2014Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Current And Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesCurrentAndNoncurrent
2100000
CY2013 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
400000
CY2013 us-gaap Income Tax Reconciliation Tax Contingencies
IncomeTaxReconciliationTaxContingencies
-7000
CY2015Q3 us-gaap Income Tax Reconciliation Tax Credits Research
IncomeTaxReconciliationTaxCreditsResearch
2500000
CY2015 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
103000
CY2014 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
611000
CY2013 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
CY2015 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
-7743000
CY2014 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
1982000
CY2013 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
9592000
CY2015Q4 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
3413000
CY2014Q4 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
5031000
CY2015 us-gaap Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
-26780000
CY2014 us-gaap Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
-7984000
CY2013 us-gaap Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
24212000
CY2015 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-9894000
CY2014 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-5273000
CY2013 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
1374000
CY2015 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
4663000
CY2014 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
-881000
CY2013 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
-15226000
CY2015 us-gaap Increase Decrease In Cost In Excess Of Billing On Uncompleted Contract
IncreaseDecreaseInCostInExcessOfBillingOnUncompletedContract
-940000
CY2014 us-gaap Increase Decrease In Cost In Excess Of Billing On Uncompleted Contract
IncreaseDecreaseInCostInExcessOfBillingOnUncompletedContract
-4088000
CY2013 us-gaap Increase Decrease In Cost In Excess Of Billing On Uncompleted Contract
IncreaseDecreaseInCostInExcessOfBillingOnUncompletedContract
-19736000
CY2015 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
-271000
CY2014 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
-4573000
CY2013 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
-3901000
CY2015 us-gaap Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
-1285000
CY2014 us-gaap Increase Decrease In Income Taxes Receivable
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3405000
CY2013 us-gaap Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
1073000
CY2015 us-gaap Increase Decrease In Insurance Settlements Receivable
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-2625000
CY2014 us-gaap Increase Decrease In Insurance Settlements Receivable
IncreaseDecreaseInInsuranceSettlementsReceivable
CY2013 us-gaap Increase Decrease In Insurance Settlements Receivable
IncreaseDecreaseInInsuranceSettlementsReceivable
CY2015 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-43695000
CY2014 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-6039000
CY2013 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-8261000
CY2015 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-896000
CY2014 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-754000
CY2013 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-307000
CY2015Q1 us-gaap Insurance Recoveries
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2600000
CY2015 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
100000
CY2014 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
200000
CY2015 us-gaap Interest Expense
InterestExpense
1390000
CY2014 us-gaap Interest Expense
InterestExpense
2290000
CY2013 us-gaap Interest Expense
InterestExpense
3621000
CY2015Q4 us-gaap Interest Expense Debt
InterestExpenseDebt
400000
CY2015 us-gaap Interest Expense Debt
InterestExpenseDebt
1400000
CY2014 us-gaap Interest Expense Debt
InterestExpenseDebt
2300000
CY2013 us-gaap Interest Expense Debt
InterestExpenseDebt
3600000
CY2015 us-gaap Interest Paid Net
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846000
CY2014 us-gaap Interest Paid Net
InterestPaidNet
2271000
CY2013 us-gaap Interest Paid Net
InterestPaidNet
3277000
CY2013 us-gaap Net Cash Provided By Used In Operating Activities
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20089000
CY2015Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-7284000
CY2015 us-gaap Other Nonoperating Income Expense
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88000
CY2014 us-gaap Other Nonoperating Income Expense
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108000
CY2013 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-289000
CY2015 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
CY2014 us-gaap Payments For Proceeds From Other Investing Activities
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25000
CY2015Q4 us-gaap Inventory Finished Goods Net Of Reserves
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3641000
CY2014Q4 us-gaap Inventory Finished Goods Net Of Reserves
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20663000
CY2015Q4 us-gaap Inventory Net
InventoryNet
29475000
CY2014Q4 us-gaap Inventory Net
InventoryNet
72779000
CY2015Q4 us-gaap Inventory Noncurrent
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823000
CY2014Q4 us-gaap Inventory Noncurrent
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1214000
CY2015Q4 us-gaap Inventory Raw Materials Net Of Reserves
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21486000
CY2014Q4 us-gaap Inventory Raw Materials Net Of Reserves
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48005000
CY2015Q4 us-gaap Inventory Supplies Net Of Reserves
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2447000
CY2014Q4 us-gaap Inventory Supplies Net Of Reserves
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2370000
CY2015Q4 us-gaap Inventory Valuation Reserves
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8600000
CY2014Q4 us-gaap Inventory Valuation Reserves
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6600000
CY2015Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
1901000
CY2014Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
1741000
CY2014Q4 us-gaap Investments
Investments
0
CY2015Q4 us-gaap Investments
Investments
0
CY2015Q4 us-gaap Letters Of Credit Outstanding Amount
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2100000
CY2015Q4 us-gaap Liabilities
Liabilities
41820000
CY2014Q4 us-gaap Liabilities
Liabilities
106247000
CY2015Q4 us-gaap Liabilities And Stockholders Equity
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259380000
CY2014Q4 us-gaap Liabilities And Stockholders Equity
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351882000
CY2015Q4 us-gaap Liabilities Current
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21570000
CY2014Q4 us-gaap Liabilities Current
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29556000
CY2014Q4 us-gaap Liabilities Fair Value Disclosure
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2684000
CY2014Q4 us-gaap Line Of Credit
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45600000
CY2014 us-gaap Line Of Credit Facility Interest Rate During Period
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0.0243
CY2015Q4 us-gaap Long Term Line Of Credit
LongTermLineOfCredit
CY2014Q4 us-gaap Long Term Line Of Credit
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45587000
CY2015 us-gaap Net Cash Provided By Used In Financing Activities
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-48483000
CY2014 us-gaap Net Cash Provided By Used In Financing Activities
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-50646000
CY2013 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
28704000
CY2015 us-gaap Net Cash Provided By Used In Investing Activities
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3059000
CY2014 us-gaap Net Cash Provided By Used In Investing Activities
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15541000
CY2013 us-gaap Net Cash Provided By Used In Investing Activities
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-48251000
CY2015 us-gaap Net Cash Provided By Used In Operating Activities
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55206000
CY2014 us-gaap Net Cash Provided By Used In Operating Activities
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35044000
CY2015 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
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57000
CY2014 us-gaap Other Comprehensive Income Loss Net Of Tax
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-572000
CY2015 us-gaap Other Comprehensive Income Loss Net Of Tax
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295000
CY2013 us-gaap Other Comprehensive Income Loss Net Of Tax
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1012000
CY2013 us-gaap Payments For Proceeds From Other Investing Activities
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250000
CY2015 us-gaap Payments Of Debt Issuance Costs
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302000
CY2014 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
CY2013 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
CY2015 us-gaap Payments Related To Tax Withholding For Share Based Compensation
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424000
CY2014 us-gaap Payments Related To Tax Withholding For Share Based Compensation
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1283000
CY2013 us-gaap Payments Related To Tax Withholding For Share Based Compensation
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802000
CY2015 us-gaap Net Income Loss
NetIncomeLoss
-29388000
CY2014 us-gaap Net Income Loss
NetIncomeLoss
-17887000
CY2013 us-gaap Net Income Loss
NetIncomeLoss
-923000
CY2015Q1 us-gaap Net Income Loss
NetIncomeLoss
-2101000
CY2015Q2 us-gaap Net Income Loss
NetIncomeLoss
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CY2015Q3 us-gaap Net Income Loss
NetIncomeLoss
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CY2015Q4 us-gaap Net Income Loss
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CY2014Q1 us-gaap Net Income Loss
NetIncomeLoss
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CY2014Q2 us-gaap Net Income Loss
NetIncomeLoss
3192000
CY2014Q3 us-gaap Net Income Loss
NetIncomeLoss
5021000
CY2014Q4 us-gaap Net Income Loss
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-13996000
CY2015 us-gaap Number Of Reportable Segments
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2
CY2015 us-gaap Operating Income Loss
OperatingIncomeLoss
-40210000
CY2014 us-gaap Operating Income Loss
OperatingIncomeLoss
194000
CY2013 us-gaap Operating Income Loss
OperatingIncomeLoss
37535000
CY2015Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-3083000
CY2015Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
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CY2015Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
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CY2014Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-1126000
CY2014Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
5399000
CY2014Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
9331000
CY2014Q4 us-gaap Operating Income Loss
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-13410000
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Due
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9913000
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Due Current
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2664000
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
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790000
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
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893000
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
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1309000
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
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2425000
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
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1832000
CY2015 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
3200000
CY2014 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
3200000
CY2013 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
2800000
CY2015Q4 us-gaap Other Assets Noncurrent
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12253000
CY2014Q4 us-gaap Other Assets Noncurrent
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18766000
CY2014 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-684000
CY2015 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
167000
CY2013 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
99000
CY2014 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
15000
CY2013 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
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-913000
CY2014 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
587000
CY2015 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-238000
CY2015 us-gaap Other Interest And Dividend Income
OtherInterestAndDividendIncome
173000
CY2014 us-gaap Other Interest And Dividend Income
OtherInterestAndDividendIncome
466000
CY2013 us-gaap Other Interest And Dividend Income
OtherInterestAndDividendIncome
409000
CY2015Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
14408000
CY2014Q4 us-gaap Other Liabilities Noncurrent
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CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
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CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
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25.21
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ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
0
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
0
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
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CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
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P3Y281D
CY2015 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P3Y281D
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4500000
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2000
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28000
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ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
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25.21
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ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
14
CY2015 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
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CY2014 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
CY2015 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
CY2015Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
0
CY2012Q4 us-gaap Stockholders Equity
StockholdersEquity
259432000
CY2013Q4 us-gaap Stockholders Equity
StockholdersEquity
261850000
CY2014Q4 us-gaap Stockholders Equity
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245635000
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217560000
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27500000
CY2015 us-gaap Tangible Asset Impairment Charges
TangibleAssetImpairmentCharges
CY2014 us-gaap Tangible Asset Impairment Charges
TangibleAssetImpairmentCharges
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2300000
CY2014Q4 us-gaap Unrecognized Tax Benefits
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2313000
CY2013Q4 us-gaap Unrecognized Tax Benefits
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6207000
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5245000
CY2015Q4 us-gaap Unrecognized Tax Benefits
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4874000
CY2015 us-gaap Unrecognized Tax Benefits Decreases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromCurrentPeriodTaxPositions
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UnrecognizedTaxBenefitsDecreasesResultingFromCurrentPeriodTaxPositions
615000
CY2013 us-gaap Unrecognized Tax Benefits Decreases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromCurrentPeriodTaxPositions
CY2015 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
CY2014 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
CY2013 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
696000
CY2015 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
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3265000
CY2013 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
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100000
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100000
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UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
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CY2013 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
100000
CY2015 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
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44000
CY2014 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
CY2013 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
1012000
CY2015 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
3716000
CY2014 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
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101000
CY2013 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
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646000
CY2015 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
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1199000
CY2014 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
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115000
CY2013 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
CY2015 us-gaap Use Of Estimates
UseOfEstimates
<div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style=" TEXT-ALIGN: justify; MARGIN: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif"><div style="display: inline; font-weight: bold;">Use of Estimates </div></div></div><div style=" MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">&nbsp;</div></div><div style=" TEXT-ALIGN: justify; MARGIN: 0pt; LINE-HEIGHT: 1.25; TEXT-INDENT: 24.5pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">The preparation of financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. The Company bases its estimates on historical experience and on various assumptions that are believed to be reasonable under the circumstances at that time. On an on-going basis, the Company evaluates all of its estimates, including those related to revenue recognition, allowance for doubtful accounts, long-lived assets (including depreciation and amortization), inventories, income taxes, and litigation and other contingencies. Actual results could differ from those estimates under different assumptions or conditions. </div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div></div>
CY2015 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
CY2014 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
CY2013 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
89000
CY2015 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
9560000
CY2014 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
9515000
CY2013 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
9534000
CY2015 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
9560000
CY2014 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
9515000
CY2013 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
9445000
CY2015Q4 us-gaap Workers Compensation Liability Current And Noncurrent
WorkersCompensationLiabilityCurrentAndNoncurrent
4400000

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