2019 Q2 Form 10-Q Financial Statement

#000157987719000087 Filed on August 06, 2019

View on sec.gov

Income Statement

Concept 2019 Q2 2018 Q2 2018 Q1
Revenue $459.9M $401.7M $337.9M
YoY Change 14.49% 1.39% 2.21%
Cost Of Revenue $137.7M $212.0M $197.1M
YoY Change -35.05% -0.61% 2.71%
Gross Profit $322.2M $189.7M $140.8M
YoY Change 69.85% 3.72% 1.51%
Gross Profit Margin 70.06% 47.22% 41.67%
Selling, General & Admin $81.50M $70.10M $64.60M
YoY Change 16.26% 5.57% 1.1%
% of Gross Profit 25.29% 36.95% 45.88%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $21.40M $21.30M $21.10M
YoY Change 0.47% -7.79% -7.86%
% of Gross Profit 6.64% 11.23% 14.99%
Operating Expenses $81.50M $70.10M $64.60M
YoY Change 16.26% 5.57% 1.1%
Operating Profit $88.70M $32.90M $31.70M
YoY Change 169.6% -49.38% 21.92%
Interest Expense -$33.90M -$31.00M -$30.00M
YoY Change 9.35% 8.39% 6.76%
% of Operating Profit -38.22% -94.22% -94.64%
Other Income/Expense, Net $0.00 -$200.0K -$100.0K
YoY Change -100.0% -300.0%
Pretax Income $54.80M $1.700M $1.600M
YoY Change 3123.53% -95.34% -176.19%
Income Tax $6.200M $8.100M -$6.700M
% Of Pretax Income 11.31% 476.47% -418.75%
Net Earnings $50.30M -$5.200M $9.100M
YoY Change -1067.31% -114.02% 264.0%
Net Earnings / Revenue 10.94% -1.29% 2.69%
Basic Earnings Per Share $0.35 -$0.04 $0.06
Diluted Earnings Per Share $0.35 -$0.04 $0.06
COMMON SHARES
Basic Shares Outstanding 142.3M shares 139.2M shares 138.8M shares
Diluted Shares Outstanding 142.9M shares 139.2M shares 139.1M shares

Balance Sheet

Concept 2019 Q2 2018 Q2 2018 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $474.8M $41.70M $52.50M
YoY Change 1038.61% 80.52% 99.62%
Cash & Equivalents $474.8M $41.70M $52.50M
Short-Term Investments
Other Short-Term Assets $7.000M $8.200M $10.80M
YoY Change -14.63% -10.87% -2.7%
Inventory
Prepaid Expenses
Receivables $277.9M $239.9M $188.8M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $846.8M $387.5M $354.4M
YoY Change 118.53% 10.65% 13.77%
LONG-TERM ASSETS
Property, Plant & Equipment $660.4M $663.3M $660.6M
YoY Change -0.44% -2.04% 0.33%
Goodwill $2.082B $2.082B $2.126B
YoY Change 0.04% -2.53% 1.75%
Intangibles
YoY Change
Long-Term Investments $16.50M $20.10M $20.10M
YoY Change -17.91% -11.06% -4.29%
Other Assets $57.90M $60.90M $60.90M
YoY Change -4.93% -6.02% -1.93%
Total Long-Term Assets $4.818B $3.388B $3.416B
YoY Change 42.23% -1.82% 2.13%
TOTAL ASSETS
Total Short-Term Assets $846.8M $387.5M $354.4M
Total Long-Term Assets $4.818B $3.388B $3.416B
Total Assets $5.665B $3.775B $3.771B
YoY Change 50.06% -0.67% 3.12%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $60.30M $55.00M $51.20M
YoY Change 9.64% -1.08% 1.39%
Accrued Expenses $303.2M $101.3M $107.9M
YoY Change 199.31% -8.82% -2.88%
Deferred Revenue
YoY Change
Short-Term Debt $546.4M $100.0M $92.00M
YoY Change 446.4% 17.65%
Long-Term Debt Due $546.4M
YoY Change
Total Short-Term Liabilities $959.3M $303.4M $304.7M
YoY Change 216.18% 2.02% 44.61%
LONG-TERM LIABILITIES
Long-Term Debt $2.246B $2.217B $2.156B
YoY Change 1.33% 3.4% 0.65%
Other Long-Term Liabilities $49.70M $80.80M $80.60M
YoY Change -38.49% 3.86% 5.08%
Total Long-Term Liabilities $2.296B $2.297B $2.237B
YoY Change -0.07% 3.42% 0.8%
TOTAL LIABILITIES
Total Short-Term Liabilities $959.3M $303.4M $304.7M
Total Long-Term Liabilities $2.296B $2.297B $2.237B
Total Liabilities $4.530B $2.655B $2.593B
YoY Change 70.65% 3.13% 4.94%
SHAREHOLDERS EQUITY
Retained Earnings -$943.9M -$873.5M -$817.4M
YoY Change 8.06% 14.89% 9.37%
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 $1.098B $1.075B $1.132B
YoY Change
Total Liabilities & Shareholders Equity $5.665B $3.775B $3.771B
YoY Change 50.06% -0.67% 3.12%

Cashflow Statement

Concept 2019 Q2 2018 Q2 2018 Q1
OPERATING ACTIVITIES
Net Income $50.30M -$5.200M $9.100M
YoY Change -1067.31% -114.02% 264.0%
Depreciation, Depletion And Amortization $21.40M $21.30M $21.10M
YoY Change 0.47% -7.79% -7.86%
Cash From Operating Activities $42.10M $6.100M $62.10M
YoY Change 590.16% -86.99% 92.86%
INVESTING ACTIVITIES
Capital Expenditures -$48.40M -$29.80M $16.80M
YoY Change 62.42% -63.88% 1.2%
Acquisitions $4.100M
YoY Change 355.56%
Other Investing Activities -$5.400M -$1.500M -$1.200M
YoY Change 260.0% -1300.0%
Cash From Investing Activities -$53.80M -$31.30M -$22.10M
YoY Change 71.88% -62.06% 27.01%
FINANCING ACTIVITIES
Cash Dividend Paid $51.10M
YoY Change 1.79%
Common Stock Issuance & Retirement, Net $0.00
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 433.5M 14.40M -35.60M
YoY Change 2910.42% -55.28% -33.95%
NET CHANGE
Cash From Operating Activities 42.10M 6.100M 62.10M
Cash From Investing Activities -53.80M -31.30M -22.10M
Cash From Financing Activities 433.5M 14.40M -35.60M
Net Change In Cash 421.8M -10.80M $4.200M
YoY Change -4005.56% 217.65% -110.74%
FREE CASH FLOW
Cash From Operating Activities $42.10M $6.100M $62.10M
Capital Expenditures -$48.40M -$29.80M $16.80M
Free Cash Flow $90.50M $35.90M $45.30M
YoY Change 152.09% -72.26% 190.38%

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IncomeLossFromEquityMethodInvestments
2000000.0 USD
CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
50300000 USD
CY2018Q2 us-gaap Net Income Loss
NetIncomeLoss
-5200000 USD
us-gaap Net Income Loss
NetIncomeLoss
56400000 USD
us-gaap Net Income Loss
NetIncomeLoss
3900000 USD
CY2019Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.35
CY2018Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.04
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.39
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.02
CY2019Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.35
CY2018Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.04
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.39
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.02
CY2019Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
142300000 shares
CY2018Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
139200000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
141500000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
139000000.0 shares
CY2019Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
142900000 shares
CY2018Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
139200000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
142000000.0 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
139300000 shares
CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
50300000 USD
CY2018Q2 us-gaap Net Income Loss
NetIncomeLoss
-5200000 USD
us-gaap Net Income Loss
NetIncomeLoss
56400000 USD
us-gaap Net Income Loss
NetIncomeLoss
3900000 USD
CY2019Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
4600000 USD
CY2018Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-6100000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
7200000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-11500000 USD
CY2019Q2 us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
100000 USD
CY2018Q2 us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
-300000 USD
us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
100000 USD
us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
-600000 USD
CY2019Q2 us-gaap Unrealized Gain Loss On Interest Rate Cash Flow Hedges Pretax Accumulated Other Comprehensive Income Loss
UnrealizedGainLossOnInterestRateCashFlowHedgesPretaxAccumulatedOtherComprehensiveIncomeLoss
-2000000.0 USD
CY2018Q2 us-gaap Unrealized Gain Loss On Interest Rate Cash Flow Hedges Pretax Accumulated Other Comprehensive Income Loss
UnrealizedGainLossOnInterestRateCashFlowHedgesPretaxAccumulatedOtherComprehensiveIncomeLoss
0 USD
us-gaap Unrealized Gain Loss On Interest Rate Cash Flow Hedges Pretax Accumulated Other Comprehensive Income Loss
UnrealizedGainLossOnInterestRateCashFlowHedgesPretaxAccumulatedOtherComprehensiveIncomeLoss
-2800000 USD
us-gaap Unrealized Gain Loss On Interest Rate Cash Flow Hedges Pretax Accumulated Other Comprehensive Income Loss
UnrealizedGainLossOnInterestRateCashFlowHedgesPretaxAccumulatedOtherComprehensiveIncomeLoss
0 USD
CY2019Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
2500000 USD
CY2018Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-5800000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
4300000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-10900000 USD
CY2019Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
52800000 USD
CY2018Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-11000000.0 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
60700000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-7000000.0 USD
CY2018Q1 us-gaap Stockholders Equity
StockholdersEquity
1131800000 USD
CY2018Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1177400000 USD
CY2018Q2 us-gaap Net Income Loss
NetIncomeLoss
-5200000 USD
CY2018Q2 us-gaap Net Income Loss
NetIncomeLoss
-5200000 USD
CY2018Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-5800000 USD
CY2018Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-5800000 USD
CY2018Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
5600000 USD
CY2018Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
5600000 USD
CY2018Q2 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
700000 USD
CY2018Q2 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
700000 USD
CY2018Q2 us-gaap Dividends
Dividends
50900000 USD
CY2018Q2 us-gaap Dividends
Dividends
50900000 USD
CY2018Q2 us-gaap Stockholders Equity Other
StockholdersEquityOther
100000 USD
CY2018Q2 us-gaap Stockholders Equity
StockholdersEquity
1074800000 USD
CY2018Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1120500000 USD
CY2019Q1 us-gaap Stockholders Equity
StockholdersEquity
1051300000 USD
CY2019Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1091900000 USD
CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
50300000 USD
CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
50300000 USD
CY2019Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
2500000 USD
CY2019Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
2500000 USD
CY2019Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
5500000 USD
CY2019Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
5500000 USD
CY2019Q2 us-gaap Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
6100000 USD
CY2019Q2 us-gaap Dividends
Dividends
52300000 USD
CY2019Q2 us-gaap Dividends
Dividends
52300000 USD
CY2019Q2 us-gaap Stockholders Equity Other
StockholdersEquityOther
2700000 USD
CY2019Q2 us-gaap Stockholders Equity
StockholdersEquity
1097700000 USD
CY2019Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1134900000 USD
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
1181100000 USD
CY2017Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1226600000 USD
us-gaap Net Income Loss
NetIncomeLoss
3900000 USD
us-gaap Net Income Loss
NetIncomeLoss
3900000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-10900000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-10900000 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
10600000 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
10600000 USD
us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
8100000 USD
us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
8100000 USD
us-gaap Dividends
Dividends
101800000 USD
us-gaap Dividends
Dividends
101800000 USD
us-gaap Stockholders Equity Other
StockholdersEquityOther
200000 USD
CY2018Q2 us-gaap Stockholders Equity
StockholdersEquity
1074800000 USD
CY2018Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1120500000 USD
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
1102800000 USD
CY2018Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1145300000 USD
CY2018Q4 us-gaap New Accounting Pronouncement Or Change In Accounting Principle Cumulative Effect Of Change On Equity Or Net Assets1
NewAccountingPronouncementOrChangeInAccountingPrincipleCumulativeEffectOfChangeOnEquityOrNetAssets1
-24800000 USD
CY2018Q4 us-gaap New Accounting Pronouncement Or Change In Accounting Principle Cumulative Effect Of Change On Equity Or Net Assets1
NewAccountingPronouncementOrChangeInAccountingPrincipleCumulativeEffectOfChangeOnEquityOrNetAssets1
-24800000 USD
us-gaap Net Income Loss
NetIncomeLoss
56400000 USD
us-gaap Net Income Loss
NetIncomeLoss
56400000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
4300000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
4300000 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
10800000 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
10800000 USD
us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
7700000 USD
us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
7700000 USD
us-gaap Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
8900000 USD
us-gaap Dividends
Dividends
103900000 USD
us-gaap Dividends
Dividends
103900000 USD
us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
100000 USD
us-gaap Stockholders Equity Other
StockholdersEquityOther
3700000 USD
CY2019Q2 us-gaap Stockholders Equity
StockholdersEquity
1097700000 USD
CY2019Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1134900000 USD
us-gaap Net Income Loss
NetIncomeLoss
56400000 USD
us-gaap Net Income Loss
NetIncomeLoss
3900000 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
94800000 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
89900000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
3400000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-1400000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
10800000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
10600000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
3400000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
-1000000.0 USD
us-gaap Accretion Expense Including Asset Retirement Obligations
AccretionExpenseIncludingAssetRetirementObligations
1300000 USD
us-gaap Accretion Expense Including Asset Retirement Obligations
AccretionExpenseIncludingAssetRetirementObligations
1200000 USD
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
1100000 USD
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
2900000 USD
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
42900000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
2500000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
2000000.0 USD
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
1600000 USD
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
1300000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
3000000.0 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
2800000 USD
out Cash Paid For Capitalized Sales Commissions
CashPaidForCapitalizedSalesCommissions
24000000.0 USD
out Cash Paid For Capitalized Sales Commissions
CashPaidForCapitalizedSalesCommissions
20500000 USD
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
15500000 USD
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
8600000 USD
out Increase Decreasein Prepaid Mta Equipment Deployment Costs
IncreaseDecreaseinPrepaidMTAEquipmentDeploymentCosts
46200000 USD
out Increase Decreasein Prepaid Mta Equipment Deployment Costs
IncreaseDecreaseinPrepaidMTAEquipmentDeploymentCosts
31800000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
2200000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
2300000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-7000000.0 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-19300000 USD
us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
1100000 USD
us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
7500000 USD
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-3500000 USD
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-3000000.0 USD
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-9700000 USD
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-900000 USD
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
83500000 USD
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
68200000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
39600000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
46400000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
34400000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
4300000 USD
out Purchase Of Mta Franchise Rights
PurchaseOfMTAFranchiseRights
10700000 USD
out Purchase Of Mta Franchise Rights
PurchaseOfMTAFranchiseRights
6100000 USD
us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
2200000 USD
us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
3400000 USD
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-82500000 USD
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-53400000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
705000000.0 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
79000000.0 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
55000000.0 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
10000000.0 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
30000000.0 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
75000000.0 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
190000000.0 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
55000000.0 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
8600000 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
100000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
50900000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
7700000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
8100000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
103900000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
102000000.0 USD
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
420700000 USD
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-21200000 USD
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
400000 USD
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-200000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
422100000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-6600000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
54100000 USD
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
48300000 USD
CY2019Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
476200000 USD
CY2018Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
41700000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
5300000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
5900000 USD
us-gaap Interest Paid
InterestPaid
64300000 USD
us-gaap Interest Paid
InterestPaid
58500000 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
11400000 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
6800000 USD
out Mta Franchise Rights Not Yet Paid
MTAFranchiseRightsNotYetPaid
3300000 USD
out Mta Franchise Rights Not Yet Paid
MTAFranchiseRightsNotYetPaid
0 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
NumberOfOperatingSegments
3 segment
us-gaap Use Of Estimates
UseOfEstimates
<div style="line-height:120%;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">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. </span></div>
CY2019Q1 out Numberofleases
Numberofleases
23600 leases
CY2019Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
1200000000 USD
CY2019Q1 us-gaap Assets Net
AssetsNet
1300000000 USD
CY2019Q1 us-gaap New Accounting Pronouncement Or Change In Accounting Principle Cumulative Effect Of Change On Equity Or Net Assets1
NewAccountingPronouncementOrChangeInAccountingPrincipleCumulativeEffectOfChangeOnEquityOrNetAssets1
24800000 USD
CY2019Q2 us-gaap Restricted Cash Current
RestrictedCashCurrent
1400000 USD
CY2019Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
474800000 USD
CY2018Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
41700000 USD
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
52700000 USD
CY2019Q2 us-gaap Restricted Cash Current
RestrictedCashCurrent
1400000 USD
CY2018Q2 us-gaap Restricted Cash Current
RestrictedCashCurrent
0 USD
CY2018Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
1400000 USD
CY2019Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
476200000 USD
CY2018Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
41700000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
54100000 USD
CY2019Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
161700000 USD
CY2019Q2 us-gaap Variable Lease Cost
VariableLeaseCost
20400000 USD
us-gaap Variable Lease Cost
VariableLeaseCost
39900000 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
110800000 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
248700000 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
231500000 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
214200000 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
191900000 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
949900000 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
1947000000.0 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
564000000.0 USD
CY2019Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
1383000000.0 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
154800000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
151800000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
139100000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
126200000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
109800000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
574600000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
1256300000 USD
CY2019Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P10Y2M12D
CY2019Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.062
us-gaap Operating Lease Payments
OperatingLeasePayments
195500000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
252500000 USD
CY2019Q2 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
296100000 USD
us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
538100000 USD
CY2019Q2 us-gaap Lessor Operating Lease Payments To Be Received Remainder Of Fiscal Year
LessorOperatingLeasePaymentsToBeReceivedRemainderOfFiscalYear
347000000.0 USD
CY2019Q2 us-gaap Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
121500000 USD
CY2019Q2 us-gaap Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
19400000 USD
CY2019Q2 us-gaap Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
5400000 USD
CY2019Q2 us-gaap Lessor Operating Lease Payments To Be Received Five Years
LessorOperatingLeasePaymentsToBeReceivedFiveYears
2900000 USD
CY2019Q2 us-gaap Lessor Operating Lease Payments To Be Received Thereafter
LessorOperatingLeasePaymentsToBeReceivedThereafter
1800000 USD
CY2019Q2 us-gaap Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
498000000.0 USD
CY2019Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
2145100000 USD
CY2018Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
2089200000 USD
CY2019Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1484700000 USD
CY2018Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1436300000 USD
CY2019Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
660400000 USD
CY2018Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
652900000 USD
CY2019Q2 us-gaap Depreciation
Depreciation
21400000 USD
CY2018Q2 us-gaap Depreciation
Depreciation
21300000 USD
us-gaap Depreciation
Depreciation
42500000 USD
us-gaap Depreciation
Depreciation
42400000 USD
CY2019Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
1668400000 USD
CY2019Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
1117200000 USD
CY2019Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
551200000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
1625000000.0 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
1087800000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
537200000 USD
CY2019Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
27600000 USD
CY2018Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
25000000.0 USD
CY2019Q2 us-gaap Amortization Of Deferred Leasing Fees
AmortizationOfDeferredLeasingFees
13000000.0 USD
CY2018Q2 us-gaap Amortization Of Deferred Leasing Fees
AmortizationOfDeferredLeasingFees
11100000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
52300000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
47500000 USD
us-gaap Amortization Of Deferred Leasing Fees
AmortizationOfDeferredLeasingFees
23300000 USD
us-gaap Amortization Of Deferred Leasing Fees
AmortizationOfDeferredLeasingFees
19800000 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.
CY2018Q4 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
34200000 USD
us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
1300000 USD
us-gaap Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
200000 USD
us-gaap Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
1100000 USD
us-gaap Asset Retirement Obligation Foreign Currency Translation Gain Loss
AssetRetirementObligationForeignCurrencyTranslationGainLoss
200000 USD
CY2019Q2 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
34800000 USD
CY2019Q2 us-gaap Equity Method Investment Ownership Percentage
EquityMethodInvestmentOwnershipPercentage
0.50
CY2019Q2 us-gaap Equity Method Investments
EquityMethodInvestments
16500000 USD
CY2018Q4 us-gaap Equity Method Investments
EquityMethodInvestments
16100000 USD
CY2019Q2 us-gaap Property Management Fee Revenue
PropertyManagementFeeRevenue
2200000 USD
CY2018Q2 us-gaap Property Management Fee Revenue
PropertyManagementFeeRevenue
1900000 USD
us-gaap Property Management Fee Revenue
PropertyManagementFeeRevenue
3900000 USD
us-gaap Property Management Fee Revenue
PropertyManagementFeeRevenue
3500000 USD
CY2019Q2 us-gaap Short Term Borrowings
ShortTermBorrowings
546400000 USD
CY2018Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
160000000.0 USD
CY2019Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
2245900000 USD
CY2018Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
2149600000 USD
CY2019Q2 us-gaap Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
2792300000 USD
CY2018Q4 us-gaap Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
2309600000 USD
CY2019Q2 us-gaap Debt Weighted Average Interest Rate
DebtWeightedAverageInterestRate
0.052
CY2018Q4 us-gaap Debt Weighted Average Interest Rate
DebtWeightedAverageInterestRate
0.051
CY2019Q2 out Number Of Subsidiaries
NumberOfSubsidiaries
2
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
5.5
CY2019Q2 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
30700000 USD
CY2019Q2 us-gaap Interest Rate Cash Flow Hedge Liability At Fair Value
InterestRateCashFlowHedgeLiabilityAtFairValue
5200000 USD
CY2018Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
2400000 USD
CY2019Q2 us-gaap Derivative Variable Interest Rate
DerivativeVariableInterestRate
0.024
CY2019Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
450000000 shares
CY2019Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2019Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
143340846 shares
CY2019Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000 shares
CY2019Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2017Q2 out Restriction For Dispositionof Assets Acquired
RestrictionForDispositionofAssetsAcquired
P5Y
us-gaap Stock Issued During Period Shares Issued For Services
StockIssuedDuringPeriodSharesIssuedForServices
7043 shares
us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
100000 USD
CY2019Q2 out Billboard Revenue
BillboardRevenue
305800000 USD
CY2018Q2 out Billboard Revenue
BillboardRevenue
280400000 USD
out Billboard Revenue
BillboardRevenue
556800000 USD
out Billboard Revenue
BillboardRevenue
519700000 USD
CY2019Q2 out Transitand Other Revenue
TransitandOtherRevenue
154100000 USD
CY2018Q2 out Transitand Other Revenue
TransitandOtherRevenue
121300000 USD
out Transitand Other Revenue
TransitandOtherRevenue
274800000 USD
out Transitand Other Revenue
TransitandOtherRevenue
219900000 USD
CY2019Q2 us-gaap Revenues
Revenues
459900000 USD
CY2018Q2 us-gaap Revenues
Revenues
401700000 USD
us-gaap Revenues
Revenues
831600000 USD
us-gaap Revenues
Revenues
739600000 USD
CY2019Q2 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
296100000 USD
CY2018Q2 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
271200000 USD
us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
538100000 USD
us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
503100000 USD
CY2019Q2 us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
5100000 USD
CY2019Q2 us-gaap Revenues
Revenues
459900000 USD
CY2018Q2 us-gaap Revenues
Revenues
401700000 USD
us-gaap Revenues
Revenues
831600000 USD
us-gaap Revenues
Revenues
739600000 USD
us-gaap Restructuring Charges
RestructuringCharges
300000 USD
us-gaap Restructuring Charges
RestructuringCharges
1300000 USD
CY2019Q2 us-gaap Restructuring Reserve
RestructuringReserve
600000 USD
us-gaap Noncash Or Part Noncash Acquisition Value Of Assets Acquired1
NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1
29400000 USD
us-gaap Noncash Or Part Noncash Acquisition Value Of Assets Acquired1
NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1
4300000 USD
CY2019Q2 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
400000 USD
CY2018Q2 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
400000 USD
us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
700000 USD
us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
700000 USD
CY2018Q2 us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
5200000 USD
us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
10100000 USD
us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
9900000 USD
CY2019Q2 us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
400000 USD
CY2018Q2 us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
400000 USD
us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
900000 USD
us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
800000 USD
CY2019Q2 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
500000 USD
CY2018Q2 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
400000 USD
us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
1000000.0 USD
us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
900000 USD
CY2019Q2 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
600000 USD
CY2018Q2 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
500000 USD
us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
1300000 USD
us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
1100000 USD
CY2019Q2 us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
-100000 USD
CY2018Q2 us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
-200000 USD
us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
-300000 USD
us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
-300000 USD
CY2019Q2 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
400000 USD
CY2018Q2 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
500000 USD
us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
900000 USD
us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
900000 USD
us-gaap Pension Contributions
PensionContributions
700000 USD
CY2019Q2 us-gaap Defined Benefit Plan Expected Future Employer Contributions Current Fiscal Year
DefinedBenefitPlanExpectedFutureEmployerContributionsCurrentFiscalYear
1600000 USD
CY2019Q2 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
4500000 USD
CY2019Q2 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
50300000 USD
CY2018Q2 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-5200000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
56400000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
3900000 USD
CY2019Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
49700000 USD
CY2018Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-5900000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
55300000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
2500000 USD
CY2019Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
142300000 shares
CY2018Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
139200000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
141500000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
139000000.0 shares
CY2019Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
600000 shares
CY2018Q2 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
500000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
300000 shares
CY2019Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
142900000 shares
CY2018Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
139200000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
142000000.0 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
139300000 shares
CY2018Q4 out Prepaid Mta Equipment Deployment Costs
PrepaidMTAEquipmentDeploymentCosts
79500000 USD
CY2019Q2 out Prepaid Mta Equipment Deployment Costs
PrepaidMTAEquipmentDeploymentCosts
125700000 USD
CY2018Q4 out Mta Equipment Deployment Costs
MTAEquipmentDeploymentCosts
94300000 USD
out Mta Equipment Development Cost Additions
MTAEquipmentDevelopmentCostAdditions
71100000 USD
CY2019Q2 out Mta Equipment Deployment Costs
MTAEquipmentDeploymentCosts
151800000 USD
CY2017Q4 out Prepaid Mta Equipment Deployment Costs
PrepaidMTAEquipmentDeploymentCosts
4700000 USD
CY2018Q4 out Prepaid Mta Equipment Deployment Costs
PrepaidMTAEquipmentDeploymentCosts
79500000 USD
CY2017Q4 out Mta Equipment Deployment Costs
MTAEquipmentDeploymentCosts
5600000 USD
CY2018 out Mta Equipment Development Cost Additions
MTAEquipmentDevelopmentCostAdditions
91200000 USD
CY2018Q4 out Mta Equipment Deployment Costs
MTAEquipmentDeploymentCosts
94300000 USD
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
3 segment
CY2019Q2 us-gaap Revenues
Revenues
459900000 USD
CY2018Q2 us-gaap Revenues
Revenues
401700000 USD
us-gaap Revenues
Revenues
831600000 USD
us-gaap Revenues
Revenues
739600000 USD
CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
50300000 USD
CY2018Q2 us-gaap Net Income Loss
NetIncomeLoss
-5200000 USD
us-gaap Net Income Loss
NetIncomeLoss
56400000 USD
us-gaap Net Income Loss
NetIncomeLoss
3900000 USD
CY2019Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
6200000 USD
CY2018Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
8100000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
5200000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1400000 USD
CY2019Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
1700000 USD
CY2018Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
1200000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
2500000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
2000000.0 USD
CY2019Q2 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-33900000 USD
CY2018Q2 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-31000000.0 USD
us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-66600000 USD
us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-61000000.0 USD
CY2019Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
0 USD
CY2018Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-200000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
100000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-300000 USD
CY2019Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
88700000 USD
CY2018Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
32900000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
125600000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
64600000 USD
CY2019Q2 us-gaap Restructuring Charges
RestructuringCharges
0 USD
CY2018Q2 us-gaap Restructuring Charges
RestructuringCharges
200000 USD
us-gaap Restructuring Charges
RestructuringCharges
300000 USD
us-gaap Restructuring Charges
RestructuringCharges
1300000 USD
CY2019Q2 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-400000 USD
CY2018Q2 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
2700000 USD
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
1100000 USD
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
2900000 USD
CY2019Q2 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2018Q2 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
42900000 USD
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
42900000 USD
CY2019Q2 us-gaap Depreciation And Amortization
DepreciationAndAmortization
49000000.0 USD
CY2018Q2 us-gaap Depreciation And Amortization
DepreciationAndAmortization
46300000 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
94800000 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
89900000 USD
CY2019Q2 out Share Based Compensation Excluding Compensation Related Restructuring Charges
ShareBasedCompensationExcludingCompensationRelatedRestructuringCharges
5500000 USD
CY2018Q2 out Share Based Compensation Excluding Compensation Related Restructuring Charges
ShareBasedCompensationExcludingCompensationRelatedRestructuringCharges
5600000 USD
out Share Based Compensation Excluding Compensation Related Restructuring Charges
ShareBasedCompensationExcludingCompensationRelatedRestructuringCharges
10800000 USD
out Share Based Compensation Excluding Compensation Related Restructuring Charges
ShareBasedCompensationExcludingCompensationRelatedRestructuringCharges
10600000 USD
CY2019Q2 out Segment Operating Measure
SegmentOperatingMeasure
143600000 USD
CY2018Q2 out Segment Operating Measure
SegmentOperatingMeasure
125200000 USD
out Segment Operating Measure
SegmentOperatingMeasure
230400000 USD
out Segment Operating Measure
SegmentOperatingMeasure
206400000 USD
CY2019Q2 out Segment Operating Measure
SegmentOperatingMeasure
143600000 USD
CY2018Q2 out Segment Operating Measure
SegmentOperatingMeasure
125200000 USD
out Segment Operating Measure
SegmentOperatingMeasure
230400000 USD
out Segment Operating Measure
SegmentOperatingMeasure
206400000 USD
CY2019Q2 us-gaap Assets
Assets
5665000000.0 USD
CY2018Q4 us-gaap Assets
Assets
3828700000 USD
CY2019Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
474800000 USD
CY2019Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
277900000 USD
CY2019Q2 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
94100000 USD
CY2019Q2 us-gaap Assets Current
AssetsCurrent
846800000 USD
CY2019Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
660400000 USD
CY2019Q2 us-gaap Goodwill
Goodwill
2082400000 USD
CY2019Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
551200000 USD
CY2019Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
1389000000.0 USD
CY2019Q2 out Investments In Consolidated Subsidiaries
InvestmentsInConsolidatedSubsidiaries
0 USD
CY2019Q2 out Prepaid Mta Equipment Deployment Costs Noncurrent
PrepaidMTAEquipmentDeploymentCostsNoncurrent
77300000 USD
CY2019Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
57900000 USD
CY2019Q2 out Intercompany Receivables
IntercompanyReceivables
0 USD
CY2019Q2 us-gaap Assets
Assets
5665000000.0 USD
CY2019Q2 us-gaap Liabilities Current
LiabilitiesCurrent
959300000 USD
CY2019Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
2245900000 USD
CY2019Q2 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
19100000 USD
CY2019Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
1221300000 USD
CY2019Q2 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
34800000 USD
CY2019Q2 out Deficit In Excess Of Investment In Subsidiaries
DeficitInExcessOfInvestmentInSubsidiaries
0 USD
CY2019Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
49700000 USD
CY2019Q2 out Intercompany Payables
IntercompanyPayables
0 USD
CY2019Q2 us-gaap Liabilities
Liabilities
4530100000 USD
CY2019Q2 us-gaap Stockholders Equity
StockholdersEquity
1097700000 USD
CY2019Q2 us-gaap Minority Interest
MinorityInterest
37200000 USD
CY2019Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1134900000 USD
CY2019Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
5665000000.0 USD
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