2017 Q4 Form 10-Q Financial Statement

#000157987717000142 Filed on November 07, 2017

View on sec.gov

Income Statement

Concept 2017 Q4 2017 Q3 2016 Q3
Revenue $401.3M $392.4M $382.8M
YoY Change 0.98% 2.51% -1.01%
Cost Of Revenue $217.4M $212.6M $201.5M
YoY Change 1.02% 5.51% -3.73%
Gross Profit $183.9M $179.8M $181.3M
YoY Change 0.93% -0.83% 2.2%
Gross Profit Margin 45.83% 45.82% 47.36%
Selling, General & Admin $67.20M $64.20M $65.10M
YoY Change -2.89% -1.38% -3.13%
% of Gross Profit 36.54% 35.71% 35.91%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $21.40M $22.30M $26.70M
YoY Change -13.01% -16.48% -5.99%
% of Gross Profit 11.64% 12.4% 14.73%
Operating Expenses $114.1M $64.20M $65.10M
YoY Change -6.55% -1.38% -3.13%
Operating Profit $70.40M $80.30M $63.50M
YoY Change 20.96% 26.46% 20.49%
Interest Expense -$31.00M -$29.20M -$28.30M
YoY Change 9.93% 3.18% -2.08%
% of Operating Profit -44.03% -36.36% -44.57%
Other Income/Expense, Net $0.00 $200.0K $0.00
YoY Change -100.0% -100.0%
Pretax Income $39.40M $51.30M $35.20M
YoY Change 31.77% 45.74% 50.43%
Income Tax -$7.700M $2.000M -$1.500M
% Of Pretax Income -19.54% 3.9% -4.26%
Net Earnings $35.50M $50.70M $38.10M
YoY Change 33.46% 33.07% 79.72%
Net Earnings / Revenue 8.85% 12.92% 9.95%
Basic Earnings Per Share $0.25 $0.36 $0.28
Diluted Earnings Per Share $0.25 $0.36 $0.28
COMMON SHARES
Basic Shares Outstanding 138.6M shares 138.6M shares 138.0M shares
Diluted Shares Outstanding 140.9M shares 138.5M shares

Balance Sheet

Concept 2017 Q4 2017 Q3 2016 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $48.30M $42.00M $73.10M
YoY Change -25.92% -42.54% -31.3%
Cash & Equivalents $48.30M $42.00M $73.10M
Short-Term Investments
Other Short-Term Assets $9.800M $8.500M $7.300M
YoY Change 25.64% 16.44% -49.66%
Inventory
Prepaid Expenses
Receivables $231.1M $240.6M $216.5M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $376.0M $360.8M $388.2M
YoY Change -0.58% -7.06% -16.21%
LONG-TERM ASSETS
Property, Plant & Equipment $662.1M $671.2M $670.0M
YoY Change -0.44% 0.18% -8.37%
Goodwill $2.128B $2.139B $2.090B
YoY Change 1.85% 2.34% -2.21%
Intangibles
YoY Change
Long-Term Investments $19.50M $24.10M $23.40M
YoY Change -10.14% 2.99% -6.02%
Other Assets $61.20M $67.60M $60.80M
YoY Change 0.99% 11.18% -32.97%
Total Long-Term Assets $3.432B $3.453B $3.382B
YoY Change 2.14% 2.1% -4.65%
TOTAL ASSETS
Total Short-Term Assets $376.0M $360.8M $388.2M
Total Long-Term Assets $3.432B $3.453B $3.382B
Total Assets $3.808B $3.814B $3.770B
YoY Change 1.86% 1.16% -5.98%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $56.10M $44.40M $71.00M
YoY Change -34.46% -37.46% -0.28%
Accrued Expenses $123.5M $127.8M $126.1M
YoY Change -5.8% 1.35% -5.33%
Deferred Revenue
YoY Change
Short-Term Debt $80.00M $73.00M $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $299.6M $293.8M $236.6M
YoY Change 19.13% 24.18% -6.59%
LONG-TERM LIABILITIES
Long-Term Debt $2.145B $2.145B $2.166B
YoY Change 0.4% -0.96% -5.92%
Other Long-Term Liabilities $82.40M $79.10M $73.50M
YoY Change 10.46% 7.62% 5.0%
Total Long-Term Liabilities $2.228B $2.224B $2.239B
YoY Change 0.74% -0.68% -5.6%
TOTAL LIABILITIES
Total Short-Term Liabilities $299.6M $293.8M $236.6M
Total Long-Term Liabilities $2.228B $2.224B $2.239B
Total Liabilities $2.582B $2.573B $2.519B
YoY Change 3.04% 2.16% -5.88%
SHAREHOLDERS EQUITY
Retained Earnings -$775.6M -$760.3M -$679.1M
YoY Change 10.88% 11.96% 41.24%
Common Stock $1.400M $1.400M $1.400M
YoY Change 0.0% 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.181B $1.195B $1.251B
YoY Change
Total Liabilities & Shareholders Equity $3.808B $3.814B $3.770B
YoY Change 1.86% 1.16% -5.98%

Cashflow Statement

Concept 2017 Q4 2017 Q3 2016 Q3
OPERATING ACTIVITIES
Net Income $35.50M $50.70M $38.10M
YoY Change 33.46% 33.07% 79.72%
Depreciation, Depletion And Amortization $21.40M $22.30M $26.70M
YoY Change -13.01% -16.48% -5.99%
Cash From Operating Activities $66.70M $103.5M $96.00M
YoY Change -22.8% 7.81% -6.16%
INVESTING ACTIVITIES
Capital Expenditures -$19.50M -$21.40M -$19.00M
YoY Change 14.71% 12.63% 17.28%
Acquisitions
YoY Change
Other Investing Activities $4.000M $1.500M $2.500M
YoY Change 1900.0% -40.0%
Cash From Investing Activities -$15.50M -$19.90M -$16.50M
YoY Change -7.74% 20.61% 1.85%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -44.90M -64.90M -67.20M
YoY Change -41.84% -3.42% 43.28%
NET CHANGE
Cash From Operating Activities 66.70M 103.5M 96.00M
Cash From Investing Activities -15.50M -19.90M -16.50M
Cash From Financing Activities -44.90M -64.90M -67.20M
Net Change In Cash 6.300M 18.70M 12.30M
YoY Change -182.89% 52.03% -68.62%
FREE CASH FLOW
Cash From Operating Activities $66.70M $103.5M $96.00M
Capital Expenditures -$19.50M -$21.40M -$19.00M
Free Cash Flow $86.20M $124.9M $115.0M
YoY Change -16.63% 8.61% -2.95%

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OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
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us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
14100000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
104700000 USD
CY2017Q3 us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
300000 USD
CY2016Q3 us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
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us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
400000 USD
us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
100000 USD
CY2017Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
8300000 USD
CY2016Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-1400000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
13700000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
104600000 USD
CY2017Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
59000000.0 USD
CY2016Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
36700000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
104000000.0 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
168900000 USD
CY2015Q4 us-gaap Stockholders Equity
StockholdersEquity
1212600000 USD
CY2015Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1212600000 USD
us-gaap Net Income Loss
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64300000 USD
us-gaap Net Income Loss
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64300000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
104600000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
104600000 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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13800000 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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13800000 USD
us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
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4600000 USD
us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
4600000 USD
us-gaap Stock Issued During Period Value Purchase Of Assets
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1900000 USD
us-gaap Stock Issued During Period Value Purchase Of Assets
StockIssuedDuringPeriodValuePurchaseOfAssets
1900000 USD
us-gaap Dividends
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141200000 USD
us-gaap Dividends
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141200000 USD
CY2016Q3 us-gaap Stockholders Equity
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1251400000 USD
CY2016Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1251400000 USD
CY2016Q4 us-gaap Stockholders Equity
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1232900000 USD
CY2016Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1233000000.0 USD
us-gaap Net Income Loss
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90300000 USD
us-gaap Net Income Loss
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90300000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
13700000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
13700000 USD
us-gaap Stock Issued During Period Value Stock Options Exercised
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1200000 USD
us-gaap Stock Issued During Period Value Stock Options Exercised
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1200000 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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16100000 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
16100000 USD
us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
8600000 USD
us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
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8600000 USD
us-gaap Dividends
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150600000 USD
us-gaap Dividends
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150600000 USD
us-gaap Noncontrolling Interest Increase From Subsidiary Equity Issuance
NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
800000 USD
CY2017Q3 us-gaap Stockholders Equity
StockholdersEquity
1195000000.0 USD
CY2017Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1240500000 USD
us-gaap Net Income Loss
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90300000 USD
us-gaap Net Income Loss
NetIncomeLoss
64300000 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
142900000 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
171300000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-3900000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
100000 USD
us-gaap Share Based Compensation
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16100000 USD
us-gaap Share Based Compensation
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13800000 USD
us-gaap Provision For Doubtful Accounts
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2300000 USD
us-gaap Provision For Doubtful Accounts
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2800000 USD
us-gaap Accretion Expense Including Asset Retirement Obligations
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1800000 USD
us-gaap Accretion Expense Including Asset Retirement Obligations
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1800000 USD
us-gaap Impairment Of Long Lived Assets To Be Disposed Of
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0 USD
us-gaap Impairment Of Long Lived Assets To Be Disposed Of
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1300000 USD
us-gaap Gain Loss On Disposition Of Assets1
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13600000 USD
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
1700000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
3800000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
3800000 USD
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
2100000 USD
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
1900000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
4600000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
4800000 USD
out Cash Paid For Capitalized Sales Commissions
CashPaidForCapitalizedSalesCommissions
30000000.0 USD
out Cash Paid For Capitalized Sales Commissions
CashPaidForCapitalizedSalesCommissions
27900000 USD
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
26200000 USD
us-gaap Increase Decrease In Other Operating Capital Net
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28000000.0 USD
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
182600000 USD
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
200700000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
58600000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
45600000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
62800000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
64700000 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
1600000 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
90400000 USD
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-119800000 USD
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-19900000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
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8300000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
0 USD
us-gaap Repayments Of Long Term Debt
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0 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
60000000.0 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
223000000.0 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
35000000.0 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
150000000.0 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
35000000.0 USD
us-gaap Payments Of Financing Costs
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7700000 USD
us-gaap Payments Of Financing Costs
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400000 USD
us-gaap Proceeds From Stock Options Exercised
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1200000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
0 USD
us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
2000000.0 USD
us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
0 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
8200000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
7000000.0 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
151000000.0 USD
us-gaap Payments Of Dividends
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141700000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-200000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-200000 USD
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-86600000 USD
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-209300000 USD
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
600000 USD
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
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0 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
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us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-28500000 USD
CY2016Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
65200000 USD
CY2015Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
101600000 USD
CY2017Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
42000000.0 USD
CY2016Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
73100000 USD
us-gaap Income Taxes Paid Net
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6600000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
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us-gaap Interest Paid
InterestPaid
72800000 USD
us-gaap Interest Paid
InterestPaid
77200000 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
5400000 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
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us-gaap Other Noncash Income Expense
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us-gaap Other Noncash Income Expense
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1900000 USD
us-gaap Business Combination Consideration Transferred Equity Interests Issued And Issuable
BusinessCombinationConsiderationTransferredEquityInterestsIssuedAndIssuable
44600000 USD
us-gaap Business Combination Consideration Transferred Equity Interests Issued And Issuable
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us-gaap Noncash Or Part Noncash Acquisition Other Assets Acquired1
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us-gaap Noncash Or Part Noncash Acquisition Other Assets Acquired1
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0 USD
us-gaap Noncash Or Part Noncash Divestiture Amount Of Consideration Received1
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15400000 USD
us-gaap Noncash Or Part Noncash Divestiture Amount Of Consideration Received1
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0 USD
out Taxes Withheld For Stock Based Compensation
TaxesWithheldForStockBasedCompensation
300000 USD
out Taxes Withheld For Stock Based Compensation
TaxesWithheldForStockBasedCompensation
200000 USD
out Numberof Largest Marketsin Whichthe Entity Operates Domestic
NumberofLargestMarketsinWhichtheEntityOperatesDomestic
25 markets
out Numberof Marketsin Whichthe Entity Operates
NumberofMarketsinWhichtheEntityOperates
150 markets
us-gaap Number Of Operating Segments
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3 segment
us-gaap Use Of Estimates
UseOfEstimates
The preparation of our financial statements in conformity with accounting principles generally accepted in the United States of America (“GAAP”) requires management to make estimates, judgments and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities as of the date of the financial statements, and the reported amount of revenues and expenses during the reporting period. We base our estimates on historical experience and on various other assumptions that are believed to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources. Actual results may differ from these estimates under different assumptions or conditions.
CY2017Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
2037000000.0 USD
CY2016Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1961200000 USD
CY2017Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1365800000 USD
CY2016Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1296200000 USD
CY2017Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
671200000 USD
CY2016Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
665000000.0 USD
CY2017Q3 us-gaap Depreciation
Depreciation
22300000 USD
CY2016Q3 us-gaap Depreciation
Depreciation
26700000 USD
us-gaap Depreciation
Depreciation
68300000 USD
us-gaap Depreciation
Depreciation
84300000 USD
CY2015Q4 us-gaap Goodwill
Goodwill
2074700000 USD
CY2016 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
1100000 USD
CY2016 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
13900000 USD
CY2016 us-gaap Goodwill Written Off Related To Sale Of Business Unit
GoodwillWrittenOffRelatedToSaleOfBusinessUnit
300000 USD
CY2016Q4 us-gaap Goodwill
Goodwill
2089400000 USD
us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
5700000 USD
us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
44100000 USD
CY2017Q3 us-gaap Goodwill
Goodwill
2139200000 USD
CY2017Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
1593100000 USD
CY2017Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
1018000000.0 USD
CY2017Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
575100000 USD
CY2016Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
1535000000.0 USD
CY2016Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
989700000 USD
CY2016Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
545300000 USD
CY2017Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
25500000 USD
CY2016Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
28300000 USD
us-gaap Amortization Of Intangible Assets
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74600000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
87000000.0 USD
CY2017Q3 us-gaap Amortization Of Deferred Leasing Fees
AmortizationOfDeferredLeasingFees
10600000 USD
CY2016Q3 us-gaap Amortization Of Deferred Leasing Fees
AmortizationOfDeferredLeasingFees
9000000.0 USD
us-gaap Amortization Of Deferred Leasing Fees
AmortizationOfDeferredLeasingFees
29500000 USD
us-gaap Amortization Of Deferred Leasing Fees
AmortizationOfDeferredLeasingFees
28000000.0 USD
us-gaap Asset Retirement Obligations Description
AssetRetirementObligationsDescription
The obligation is calculated based on the assumption that all of our advertising structures will be removed within the next 50 years.
CY2016Q4 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
34100000 USD
us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
1800000 USD
us-gaap Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
200000 USD
us-gaap Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
1800000 USD
us-gaap Asset Retirement Obligation Foreign Currency Translation Gain Loss
AssetRetirementObligationForeignCurrencyTranslationGainLoss
400000 USD
CY2017Q3 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
34700000 USD
CY2017Q3 us-gaap Equity Method Investment Ownership Percentage
EquityMethodInvestmentOwnershipPercentage
0.50
CY2017Q3 us-gaap Equity Method Investments
EquityMethodInvestments
24100000 USD
CY2016Q4 us-gaap Equity Method Investments
EquityMethodInvestments
21700000 USD
CY2017Q3 us-gaap Management Fees Revenue
ManagementFeesRevenue
2100000 USD
CY2016Q3 us-gaap Management Fees Revenue
ManagementFeesRevenue
1900000 USD
us-gaap Management Fees Revenue
ManagementFeesRevenue
5600000 USD
us-gaap Management Fees Revenue
ManagementFeesRevenue
5400000 USD
CY2017Q3 us-gaap Short Term Borrowings
ShortTermBorrowings
73000000.0 USD
CY2016Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
0 USD
CY2017Q3 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
25200000 USD
CY2016Q4 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
24700000 USD
CY2017Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
2144700000 USD
CY2016Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
2136800000 USD
CY2017Q3 us-gaap Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
2217700000 USD
CY2016Q4 us-gaap Debt Longterm And Shortterm Combined Amount
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2136800000 USD
CY2017Q3 us-gaap Debt Weighted Average Interest Rate
DebtWeightedAverageInterestRate
0.048
CY2016Q4 us-gaap Debt Weighted Average Interest Rate
DebtWeightedAverageInterestRate
0.048
us-gaap Debt Instrument Covenant Description
DebtInstrumentCovenantDescription
The Credit Agreement also requires that, in connection with the incurrence of certain indebtedness, we satisfy a Consolidated Total Leverage Ratio, which is the ratio of our consolidated total debt to our Consolidated EBITDA for the trailing four consecutive quarters, of no greater than 6.0 to 1.0.
out Consolidated Total Leverage Ratio
ConsolidatedTotalLeverageRatio
4.8
CY2017Q3 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
30100000 USD
us-gaap Temporary Equity Contract Terms
TemporaryEquityContractTerms
The Class A equity interests may be redeemed by the holders in exchange for shares of the Company’s common stock on a one-for-one basis (subject to anti-dilution adjustments) or, at the Company’s option, cash equal to the then fair market value of the shares of the Company’s common stock commencing (i) one year after closing, with respect to 55% of the Class A equity interests, and (ii) 18 months after closing, with respect to the remaining 45% of the Class A equity interests. In connection with the Transaction, the Company has agreed to limitations on its ability to sell or otherwise dispose of the assets acquired from All Vision for a period of five years, unless it pays holders of the Class A equity interests in Outfront Canada an amount intended to approximate their resulting tax liability
CY2017Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
450000000 shares
CY2017Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2017Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
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CY2017Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000 shares
CY2017Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2017Q3 us-gaap Restructuring Charges
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1600000 USD
us-gaap Restructuring Charges
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6300000 USD
CY2017Q3 us-gaap Restructuring Reserve
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5000000.0 USD
us-gaap Finitelived Intangible Assets Acquired1
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50300000 USD
CY2017Q3 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Deferred Tax Assets Noncurrent
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedDeferredTaxAssetsNoncurrent
14600000 USD
CY2017Q3 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Assets Prepaid Expense And Other Assets
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14600000 USD
us-gaap Noncash Or Part Noncash Acquisition Value Of Assets Acquired1
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107400000 USD
us-gaap Noncash Or Part Noncash Acquisition Value Of Assets Acquired1
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64700000 USD
CY2016Q2 us-gaap Disposal Group Including Discontinued Operation Consideration
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82000000.0 USD
CY2017Q3 us-gaap Assets Disposed Of By Method Other Than Sale In Period Of Disposition Gain Loss On Disposition1
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13200000 USD
CY2017Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
5200000 USD
CY2016Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
4500000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
16100000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
13800000 USD
CY2017Q3 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
600000 USD
CY2016Q3 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
500000 USD
us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
1600000 USD
us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
1500000 USD
CY2017Q3 us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
4600000 USD
CY2016Q3 us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
4000000.0 USD
us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
14500000 USD
us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
12300000 USD
CY2017Q3 us-gaap Defined Benefit Plan Amortization Of Transition Asset Obligation
DefinedBenefitPlanAmortizationOfTransitionAssetObligation
100000 USD
us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
-500000 USD
CY2017Q3 us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
400000 USD
CY2016Q3 us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
400000 USD
us-gaap Defined Benefit Plan Service Cost
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us-gaap Comprehensive Income Net Of Tax
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us-gaap Net Income Loss
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us-gaap Comprehensive Income Net Of Tax
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us-gaap Proceeds From Issuance Of Long Term Debt
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CY2016Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
65200000 USD
CY2017Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
42000000.0 USD
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
200700000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
45600000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
64700000 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
90400000 USD
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-19900000 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
35000000.0 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
35000000.0 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
400000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
60000000.0 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
7000000.0 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
141700000 USD
out Increase Decrease In Intercompany Payables
IncreaseDecreaseInIntercompanyPayables
0 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-200000 USD
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-209300000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-28500000 USD
CY2015Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
101600000 USD
CY2016Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
73100000 USD

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