2018 Q2 Form 10-K Financial Statement

#000157791618000020 Filed on August 23, 2018

View on sec.gov

Income Statement

Concept 2018 Q2 2018 Q1 2018
Revenue $434.0M $425.3M $1.661B
YoY Change 7.66% 11.99% 14.2%
Cost Of Revenue -$253.5M $203.5M $342.0M
YoY Change 38.45% 14.84% 10.78%
Gross Profit $226.5M $215.1M $842.7M
YoY Change 5.42% 6.17% 11.24%
Gross Profit Margin 52.18% 50.56% 50.72%
Selling, General & Admin $93.30M $109.0M $425.3M
YoY Change -5.76% 0.31% 7.44%
% of Gross Profit 41.2% 50.69% 50.47%
Research & Development $300.0K $292.0K $1.423M
YoY Change -62.5% -61.32% -54.2%
% of Gross Profit 0.13% 0.14% 0.17%
Depreciation & Amortization $29.10M $32.47M $123.1M
YoY Change 11.07% 11.25% 18.33%
% of Gross Profit 12.85% 15.1% 14.6%
Operating Expenses $104.9M $123.2M $479.5M
YoY Change -5.92% -0.26% 7.74%
Operating Profit $121.6M $98.61M $540.4M
YoY Change 17.66% 24.74% 69.95%
Interest Expense -$500.0K -$6.200M -$4.100M
YoY Change -66.67% 226.32% -140.2%
% of Operating Profit -0.41% -6.29% -0.76%
Other Income/Expense, Net -$1.800M -$8.773M -$22.83M
YoY Change -28.0% 2098.75% -110.69%
Pretax Income $103.0M $89.84M $517.5M
YoY Change 17.31% 14.22% -2.63%
Income Tax $16.30M $13.29M $259.5M
% Of Pretax Income 15.83% 14.79% 50.15%
Net Earnings $100.6M -$103.5M $257.6M
YoY Change 36.25% 28.46% 237.8%
Net Earnings / Revenue 23.19% -24.34% 15.5%
Basic Earnings Per Share -$6.17 -$1.94 $3.57
Diluted Earnings Per Share -$6.17 -$1.94 $1.36
COMMON SHARES
Basic Shares Outstanding 52.41M shares 53.53M shares 53.52M shares
Diluted Shares Outstanding 52.41M shares 53.53M shares 137.3M shares

Balance Sheet

Concept 2018 Q2 2018 Q1 2018
SHORT-TERM ASSETS
Cash & Short-Term Investments $152.4M $149.4M $152.4M
YoY Change -2.77% -36.74% -2.74%
Cash & Equivalents $152.4M $149.4M $152.4M
Short-Term Investments $0.00
Other Short-Term Assets $36.80M $24.40M $36.80M
YoY Change 4.55% -41.49% 4.55%
Inventory $52.64M $57.23M $52.60M
Prepaid Expenses
Receivables $186.8M $174.1M $186.8M
Other Receivables $0.00 $500.0K $0.00
Total Short-Term Assets $428.6M $405.6M $428.6M
YoY Change 4.84% -17.94% 4.84%
LONG-TERM ASSETS
Property, Plant & Equipment $205.3M $198.9M $205.3M
YoY Change 9.6% 9.2% 9.55%
Goodwill $843.2M $906.5M
YoY Change -6.99% 4.75%
Intangibles $300.4M $335.9M
YoY Change -20.52% -14.53%
Long-Term Investments $94.05M $93.45M $94.10M
YoY Change 1.26% -5.49% 1.29%
Other Assets $3.892M $4.241M $440.6M
YoY Change -62.11% -68.35% -17.54%
Total Long-Term Assets $1.884B $1.889B $1.884B
YoY Change -10.26% -8.83% -10.26%
TOTAL ASSETS
Total Short-Term Assets $428.6M $405.6M $428.6M
Total Long-Term Assets $1.884B $1.889B $1.884B
Total Assets $2.312B $2.295B $2.312B
YoY Change -7.8% -10.58% -7.8%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $47.95M $43.71M $48.00M
YoY Change 12.0% 41.11% 12.15%
Accrued Expenses $60.14M $69.09M $123.5M
YoY Change 7.66% -12.53% 12.89%
Deferred Revenue $39.79M
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $100.3M $200.3M $100.3M
YoY Change -56.03% -46.84% -56.01%
Total Short-Term Liabilities $448.9M $523.9M $448.9M
YoY Change -21.47% -27.83% -21.47%
LONG-TERM LIABILITIES
Long-Term Debt $6.962M $6.962M $7.000M
YoY Change 10.88% 0.49% 11.11%
Other Long-Term Liabilities $63.38M $56.46M $345.5M
YoY Change 50.56% 25.89% -14.78%
Total Long-Term Liabilities $70.35M $63.42M $352.5M
YoY Change 45.41% 22.49% -14.38%
TOTAL LIABILITIES
Total Short-Term Liabilities $448.9M $523.9M $448.9M
Total Long-Term Liabilities $70.35M $63.42M $352.5M
Total Liabilities $818.9M $897.2M $818.9M
YoY Change -20.61% -27.14% -20.61%
SHAREHOLDERS EQUITY
Retained Earnings -$1.278B -$965.6M
YoY Change -23.17% -34.54%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $150.1M
YoY Change
Treasury Stock Shares 4.770M shares
Shareholders Equity $1.493B $1.398B $1.493B
YoY Change
Total Liabilities & Shareholders Equity $2.312B $2.295B $2.312B
YoY Change -7.8% -10.58% -7.8%

Cashflow Statement

Concept 2018 Q2 2018 Q1 2018
OPERATING ACTIVITIES
Net Income $100.6M -$103.5M $257.6M
YoY Change 36.25% 28.46% 237.8%
Depreciation, Depletion And Amortization $29.10M $32.47M $123.1M
YoY Change 11.07% 11.25% 18.33%
Cash From Operating Activities $138.0M $163.2M $507.7M
YoY Change 16.95% 20.18% 29.44%
INVESTING ACTIVITIES
Capital Expenditures -$27.10M $26.64M $92.43M
YoY Change 38.97% 51.64% 29.5%
Acquisitions $0.00
YoY Change
Other Investing Activities -$300.0K $0.00 $0.00
YoY Change -118.75% -100.0% -100.0%
Cash From Investing Activities -$27.40M -$26.70M -$92.68M
YoY Change 53.07% -75.9% -80.07%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $200.1M
YoY Change 62.27%
Debt Paid & Issued, Net $8.002M
YoY Change 45.86%
Cash From Financing Activities -107.6M -150.2M -$419.4M
YoY Change -40.12% 1850.65% 2075.63%
NET CHANGE
Cash From Operating Activities 138.0M 163.2M $507.7M
Cash From Investing Activities -27.40M -26.70M -$92.68M
Cash From Financing Activities -107.6M -150.2M -$419.4M
Net Change In Cash 3.000M -13.70M -$4.349M
YoY Change -103.77% -179.19% -95.28%
FREE CASH FLOW
Cash From Operating Activities $138.0M $163.2M $507.7M
Capital Expenditures -$27.10M $26.64M $92.43M
Free Cash Flow $165.1M $136.6M $415.3M
YoY Change 20.07% 15.5% 29.42%

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CY2017 us-gaap Gross Profit
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774625000 USD
CY2017Q3 us-gaap Gross Profit
GrossProfit
199188000 USD
CY2017Q4 us-gaap Gross Profit
GrossProfit
210871000 USD
CY2018Q1 us-gaap Gross Profit
GrossProfit
221790000 USD
CY2018Q2 us-gaap Gross Profit
GrossProfit
231116000 USD
CY2018 us-gaap Gross Profit
GrossProfit
862965000 USD
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
284882000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
531291000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
516804000 USD
CY2016 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
21647000 USD
CY2017 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
14745000 USD
CY2018 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
1174000 USD
CY2016 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
49721000 USD
CY2017 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
81814000 USD
CY2018 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
259234000 USD
CY2016 us-gaap Income Tax Expense Benefit Continuing Operations Adjustment Of Deferred Tax Asset Liability
IncomeTaxExpenseBenefitContinuingOperationsAdjustmentOfDeferredTaxAssetLiability
8080000 USD
CY2017 us-gaap Income Tax Expense Benefit Continuing Operations Adjustment Of Deferred Tax Asset Liability
IncomeTaxExpenseBenefitContinuingOperationsAdjustmentOfDeferredTaxAssetLiability
9950000 USD
CY2018 us-gaap Income Tax Expense Benefit Continuing Operations Adjustment Of Deferred Tax Asset Liability
IncomeTaxExpenseBenefitContinuingOperationsAdjustmentOfDeferredTaxAssetLiability
256787000 USD
CY2016 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
36279000 USD
CY2017 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
26829000 USD
CY2018 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
-33100000 USD
CY2018 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
-33106000 USD
CY2016 us-gaap Income Tax Reconciliation Equity In Earnings Losses Of Unconsolidated Subsidiary
IncomeTaxReconciliationEquityInEarningsLossesOfUnconsolidatedSubsidiary
7497000 USD
CY2017 us-gaap Income Tax Reconciliation Equity In Earnings Losses Of Unconsolidated Subsidiary
IncomeTaxReconciliationEquityInEarningsLossesOfUnconsolidatedSubsidiary
-18660000 USD
CY2018 us-gaap Income Tax Reconciliation Equity In Earnings Losses Of Unconsolidated Subsidiary
IncomeTaxReconciliationEquityInEarningsLossesOfUnconsolidatedSubsidiary
983000 USD
CY2016 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
99709000 USD
CY2017 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
185952000 USD
CY2018 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
145015000 USD
CY2016 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-3502000 USD
CY2017 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-5260000 USD
CY2018 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
2028000 USD
CY2016 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
664000 USD
CY2017 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
9823000 USD
CY2018 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
12901000 USD
CY2016 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
85063000 USD
CY2017 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
85142000 USD
CY2018 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
70257000 USD
CY2017 us-gaap Income Taxes Paid
IncomeTaxesPaid
26100000 USD
CY2018 us-gaap Income Taxes Paid
IncomeTaxesPaid
24900000 USD
CY2016 us-gaap Increase Decrease In Derivative Liabilities
IncreaseDecreaseInDerivativeLiabilities
0 USD
CY2017 us-gaap Increase Decrease In Derivative Liabilities
IncreaseDecreaseInDerivativeLiabilities
3935000 USD
CY2018 us-gaap Increase Decrease In Derivative Liabilities
IncreaseDecreaseInDerivativeLiabilities
22036000 USD
CY2016 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-3937000 USD
CY2017 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
16349000 USD
CY2018 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
15713000 USD
CY2016 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
-4195000 USD
CY2017 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
-901000 USD
CY2018 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
6673000 USD
CY2016 us-gaap Increase Decrease In Other Operating Assets
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9638000 USD
CY2017 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-6821000 USD
CY2018 us-gaap Increase Decrease In Other Operating Assets
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824000 USD
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377962000 USD
CY2018Q2 us-gaap Intangible Assets Net Excluding Goodwill
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322115000 USD
CY2018 us-gaap Interest Expense Debt
InterestExpenseDebt
6600000 USD
CY2018 us-gaap Interest Paid
InterestPaid
5900000 USD
CY2017Q2 us-gaap Inventory Net
InventoryNet
50426000 USD
CY2018Q2 us-gaap Inventory Net
InventoryNet
66139000 USD
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InvestmentIncomeNet
-1021000 USD
CY2017 us-gaap Investment Income Net
InvestmentIncomeNet
-4512000 USD
CY2018 us-gaap Investment Income Net
InvestmentIncomeNet
-5300000 USD
CY2016 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
10100000 USD
CY2017 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
9500000 USD
CY2018 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
11900000 USD
CY2017Q2 us-gaap Liabilities
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1031506000 USD
CY2018Q2 us-gaap Liabilities
Liabilities
818870000 USD
CY2017Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2507836000 USD
CY2018Q2 us-gaap Liabilities And Stockholders Equity
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2312216000 USD
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571587000 USD
CY2018Q2 us-gaap Liabilities Current
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448882000 USD
CY2017 us-gaap Limited Liability Company Llc Or Limited Partnership Lp Members Or Limited Partners Ownership Interest
LimitedLiabilityCompanyLLCOrLimitedPartnershipLPMembersOrLimitedPartnersOwnershipInterest
0.63
CY2018 us-gaap Limited Liability Company Llc Or Limited Partnership Lp Members Or Limited Partners Ownership Interest
LimitedLiabilityCompanyLLCOrLimitedPartnershipLPMembersOrLimitedPartnersOwnershipInterest
0.60
CY2017Q2 us-gaap Long Term Debt
LongTermDebt
234272000 USD
CY2018Q2 us-gaap Long Term Debt
LongTermDebt
107212000 USD
CY2017Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
227993000 USD
CY2018Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
100250000 USD
CY2017Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
6279000 USD
CY2018Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
6962000 USD
CY2017Q2 us-gaap Long Term Notes Payable
LongTermNotesPayable
6300000 USD
CY2018Q2 us-gaap Long Term Notes Payable
LongTermNotesPayable
7000000 USD
CY2016 us-gaap Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
-38000 USD
CY2016 us-gaap Minority Interest Decrease From Redemptions
MinorityInterestDecreaseFromRedemptions
1890000 USD
CY2016 us-gaap Net Cash Provided By Used In Financing Activities
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-109539000 USD
CY2017 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-19276000 USD
CY2018 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-419375000 USD
CY2016 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-159636000 USD
CY2017 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-465053000 USD
CY2018 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-92680000 USD
CY2016 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
371470000 USD
CY2017 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
392247000 USD
CY2018 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
507706000 USD
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NetIncomeLossAttributableToNoncontrollingInterest
193547000 USD
CY2017 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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336052000 USD
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NetIncomeLossAttributableToNoncontrollingInterest
224269000 USD
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818364000 USD
CY2016Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
70302000 USD
CY2016Q4 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
400275000 USD
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NetIncomeLossAvailableToCommonStockholdersBasic
-80601000 USD
CY2017Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-313727000 USD
CY2017 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
76249000 USD
CY2017Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
336430000 USD
CY2017Q4 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
281200000 USD
CY2018Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-103537000 USD
CY2018Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-323211000 USD
CY2018 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
190882000 USD
CY2016 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
141325000 USD
CY2017 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
76249000 USD
CY2018 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
187313000 USD
CY2016 us-gaap Noncontrolling Interest In Net Income Loss Limited Partnerships Redeemable
NoncontrollingInterestInNetIncomeLossLimitedPartnershipsRedeemable
193547000 USD
CY2016Q3 us-gaap Noncontrolling Interest In Net Income Loss Limited Partnerships Redeemable
NoncontrollingInterestInNetIncomeLossLimitedPartnershipsRedeemable
49601000 USD
CY2016Q4 us-gaap Noncontrolling Interest In Net Income Loss Limited Partnerships Redeemable
NoncontrollingInterestInNetIncomeLossLimitedPartnershipsRedeemable
181173000 USD
CY2017Q1 us-gaap Noncontrolling Interest In Net Income Loss Limited Partnerships Redeemable
NoncontrollingInterestInNetIncomeLossLimitedPartnershipsRedeemable
51433000 USD
CY2017Q2 us-gaap Noncontrolling Interest In Net Income Loss Limited Partnerships Redeemable
NoncontrollingInterestInNetIncomeLossLimitedPartnershipsRedeemable
53845000 USD
CY2018 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
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0 USD
CY2017 us-gaap Noncontrolling Interest In Net Income Loss Limited Partnerships Redeemable
NoncontrollingInterestInNetIncomeLossLimitedPartnershipsRedeemable
336052000 USD
CY2017Q3 us-gaap Noncontrolling Interest In Net Income Loss Limited Partnerships Redeemable
NoncontrollingInterestInNetIncomeLossLimitedPartnershipsRedeemable
44610000 USD
CY2017Q4 us-gaap Noncontrolling Interest In Net Income Loss Limited Partnerships Redeemable
NoncontrollingInterestInNetIncomeLossLimitedPartnershipsRedeemable
56485000 USD
CY2018Q1 us-gaap Noncontrolling Interest In Net Income Loss Limited Partnerships Redeemable
NoncontrollingInterestInNetIncomeLossLimitedPartnershipsRedeemable
53047000 USD
CY2018Q2 us-gaap Noncontrolling Interest In Net Income Loss Limited Partnerships Redeemable
NoncontrollingInterestInNetIncomeLossLimitedPartnershipsRedeemable
70127000 USD
CY2018 us-gaap Noncontrolling Interest In Net Income Loss Limited Partnerships Redeemable
NoncontrollingInterestInNetIncomeLossLimitedPartnershipsRedeemable
224269000 USD
CY2016 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
18934000 USD
CY2017 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
213571000 USD
CY2018 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-22826000 USD
CY2017Q2 us-gaap Notes Payable
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14300000 USD
CY2018Q2 us-gaap Notes Payable
NotesPayable
7200000 USD
CY2017Q2 us-gaap Notes Payable Current
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8000000 USD
CY2018Q2 us-gaap Notes Payable Current
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200000 USD
CY2018 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
CY2016 us-gaap Operating Expenses
OperatingExpenses
444408000 USD
CY2017 us-gaap Operating Expenses
OperatingExpenses
462352000 USD
CY2018 us-gaap Operating Expenses
OperatingExpenses
500509000 USD
CY2016 us-gaap Operating Income Loss
OperatingIncomeLoss
265948000 USD
CY2017 us-gaap Operating Income Loss
OperatingIncomeLoss
317720000 USD
CY2018 us-gaap Operating Income Loss
OperatingIncomeLoss
539630000 USD
CY2018Q2 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
87434000 USD
CY2018Q2 us-gaap Operating Leases Future Minimum Payments Due Current
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12158000 USD
CY2018Q2 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
10996000 USD
CY2018Q2 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
10945000 USD
CY2018Q2 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
10779000 USD
CY2018Q2 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
11220000 USD
CY2018Q2 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
31336000 USD
CY2016 us-gaap Other Amortization Of Deferred Charges
OtherAmortizationOfDeferredCharges
500000 USD
CY2017 us-gaap Other Amortization Of Deferred Charges
OtherAmortizationOfDeferredCharges
500000 USD
CY2018 us-gaap Other Amortization Of Deferred Charges
OtherAmortizationOfDeferredCharges
500000 USD
CY2017Q2 us-gaap Other Assets Miscellaneous Noncurrent
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4565000 USD
CY2018Q2 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
2875000 USD
CY2017Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
10271000 USD
CY2018Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
3991000 USD
CY2016 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
-110000 USD
CY2017 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
128000 USD
CY2017 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
-43000 USD
CY2017Q2 us-gaap Other Liabilities Current
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32019000 USD
CY2018Q2 us-gaap Other Liabilities Current
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7959000 USD
CY2017Q2 us-gaap Other Liabilities Noncurrent
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42099000 USD
CY2018Q2 us-gaap Other Liabilities Noncurrent
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63704000 USD
CY2016 us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
0 USD
CY2017 us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
584000 USD
CY2018 us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
1752000 USD
CY2016 us-gaap Other Operating Activities Cash Flow Statement
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1067000 USD
CY2017 us-gaap Other Operating Activities Cash Flow Statement
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-946000 USD
CY2018 us-gaap Other Operating Activities Cash Flow Statement
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6303000 USD
CY2016 us-gaap Other Operating Income
OtherOperatingIncome
4818000 USD
CY2017 us-gaap Other Operating Income
OtherOperatingIncome
5447000 USD
CY2018 us-gaap Other Operating Income
OtherOperatingIncome
177174000 USD
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-1692000 USD
CY2017 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
614000 USD
CY2018 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-16324000 USD
CY2016 us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
0 USD
CY2017 us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
0 USD
CY2018 us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
16662000 USD
CY2016 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
27000 USD
CY2017 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-25000 USD
CY2018 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
0 USD
CY2016 us-gaap Payments For Repurchase Of Other Equity
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7863000 USD
CY2017 us-gaap Payments For Repurchase Of Other Equity
PaymentsForRepurchaseOfOtherEquity
17717000 USD
CY2018 us-gaap Payments For Repurchase Of Other Equity
PaymentsForRepurchaseOfOtherEquity
5965000 USD
CY2016 us-gaap Payments Of Capital Distribution
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92707000 USD
CY2017 us-gaap Payments Of Capital Distribution
PaymentsOfCapitalDistribution
90434000 USD
CY2018 us-gaap Payments Of Capital Distribution
PaymentsOfCapitalDistribution
79255000 USD
CY2016 us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
19211000 USD
CY2017 us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
0 USD
CY2018 us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
0 USD
CY2016 us-gaap Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
3250000 USD
CY2017 us-gaap Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
65660000 USD
CY2018 us-gaap Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
0 USD
CY2016 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
76990000 USD
CY2017 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
71372000 USD
CY2018 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
92680000 USD
CY2016 us-gaap Payments To Minority Shareholders
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1890000 USD
CY2017 us-gaap Payments To Minority Shareholders
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0 USD
CY2018 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
0 USD
CY2017Q2 us-gaap Prepaid Expense And Other Assets Current
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35164000 USD
CY2018Q2 us-gaap Prepaid Expense And Other Assets Current
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23325000 USD
CY2016 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
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22093000 USD
CY2017 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
6550000 USD
CY2018 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
0 USD
CY2016 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans
2317000 USD
CY2017 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans
2483000 USD
CY2018 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans
2619000 USD
CY2016 us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
386372000 USD
CY2017 us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
48013000 USD
CY2018 us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
0 USD
CY2016 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
3552000 USD
CY2017 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
9168000 USD
CY2018 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
8019000 USD
CY2016 us-gaap Proceeds From Unsecured Lines Of Credit
ProceedsFromUnsecuredLinesOfCredit
150000000 USD
CY2017 us-gaap Proceeds From Unsecured Lines Of Credit
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425000000 USD
CY2016 us-gaap Sales Revenue Services Gross
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337554000 USD
CY2017 us-gaap Sales Revenue Services Gross
SalesRevenueServicesGross
363087000 USD
CY2018 us-gaap Proceeds From Unsecured Lines Of Credit
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30000000 USD
CY2016 us-gaap Profit Loss
ProfitLoss
235161000 USD
CY2016Q3 us-gaap Profit Loss
ProfitLoss
58095000 USD
CY2016Q4 us-gaap Profit Loss
ProfitLoss
246184000 USD
CY2017Q1 us-gaap Profit Loss
ProfitLoss
71338000 USD
CY2017Q2 us-gaap Profit Loss
ProfitLoss
73860000 USD
CY2017 us-gaap Profit Loss
ProfitLoss
449477000 USD
CY2017Q3 us-gaap Profit Loss
ProfitLoss
60616000 USD
CY2017Q4 us-gaap Profit Loss
ProfitLoss
19769000 USD
CY2018Q1 us-gaap Profit Loss
ProfitLoss
76549000 USD
CY2018Q2 us-gaap Profit Loss
ProfitLoss
100636000 USD
CY2018 us-gaap Profit Loss
ProfitLoss
257570000 USD
CY2017Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
423825000 USD
CY2018Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
504284000 USD
CY2017Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
187365000 USD
CY2018Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
206693000 USD
CY2016 us-gaap Repayments Of Long Term Debt
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2143000 USD
CY2017 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
5486000 USD
CY2018 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
8002000 USD
CY2016 us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
150000000 USD
CY2017 us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
205000000 USD
CY2018 us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
150000000 USD
CY2016 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
2925000 USD
CY2017 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
3107000 USD
CY2018 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
1423000 USD
CY2016 us-gaap Restructuring Charges
RestructuringCharges
268000 USD
CY2017 us-gaap Restructuring Charges
RestructuringCharges
31000 USD
CY2018 us-gaap Restructuring Charges
RestructuringCharges
2512000 USD
CY2017Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-1662772000 USD
CY2018Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-1277581000 USD
CY2016 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
326646000 USD
CY2017 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
534118000 USD
CY2018 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
645284000 USD
CY2016 us-gaap Sales Revenue Net
SalesRevenueNet
1162594000 USD
CY2016Q3 us-gaap Sales Revenue Net
SalesRevenueNet
313272000 USD
CY2016Q4 us-gaap Sales Revenue Net
SalesRevenueNet
358500000 USD
CY2017Q1 us-gaap Sales Revenue Net
SalesRevenueNet
379803000 USD
CY2017Q2 us-gaap Sales Revenue Net
SalesRevenueNet
403098000 USD
CY2017 us-gaap Sales Revenue Net
SalesRevenueNet
1454673000 USD
CY2017Q3 us-gaap Sales Revenue Net
SalesRevenueNet
390564000 USD
CY2017Q4 us-gaap Sales Revenue Net
SalesRevenueNet
411398000 USD
CY2018Q1 us-gaap Sales Revenue Net
SalesRevenueNet
425338000 USD
CY2018Q2 us-gaap Sales Revenue Net
SalesRevenueNet
433956000 USD
CY2018 us-gaap Sales Revenue Net
SalesRevenueNet
1661256000 USD
CY2018 us-gaap Sales Revenue Services Gross
SalesRevenueServicesGross
372133000 USD
CY2016 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
835948000 USD
CY2017 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
920555000 USD
CY2018 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
1015972000 USD
CY2016 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
408429000 USD
CY2017 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
410918000 USD
CY2018 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
443639000 USD
CY2016 us-gaap Share Based Compensation
ShareBasedCompensation
48670000 USD
CY2017 us-gaap Share Based Compensation
ShareBasedCompensation
26470000 USD
CY2018 us-gaap Share Based Compensation
ShareBasedCompensation
29408000 USD
CY2016 us-gaap Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
267681000 USD
CY2017 us-gaap Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
157371000 USD
CY2018 us-gaap Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
216121000 USD
CY2016 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
2729000 USD
CY2017 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
2483000 USD
CY2018 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
2619000 USD
CY2016 us-gaap Stock Issued During Period Value Share Based Compensation
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3557000 USD
CY2017 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
9168000 USD
CY2018 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
8019000 USD
CY2018Q2 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
200000000.0 USD
CY2015Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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-3118102000 USD
CY2016Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-1951461000 USD
CY2017Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-1662253000 USD
CY2018Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-1427064000 USD
CY2016 us-gaap Temporary Equity Accretion To Redemption Value Adjustment
TemporaryEquityAccretionToRedemptionValueAdjustment
-776750000 USD
CY2016Q3 us-gaap Temporary Equity Accretion To Redemption Value Adjustment
TemporaryEquityAccretionToRedemptionValueAdjustment
-61808000 USD
CY2016Q4 us-gaap Temporary Equity Accretion To Redemption Value Adjustment
TemporaryEquityAccretionToRedemptionValueAdjustment
-335264000 USD
CY2017Q1 us-gaap Temporary Equity Accretion To Redemption Value Adjustment
TemporaryEquityAccretionToRedemptionValueAdjustment
100506000 USD
CY2017Q2 us-gaap Temporary Equity Accretion To Redemption Value Adjustment
TemporaryEquityAccretionToRedemptionValueAdjustment
333742000 USD
CY2017 us-gaap Temporary Equity Accretion To Redemption Value Adjustment
TemporaryEquityAccretionToRedemptionValueAdjustment
37176000 USD
CY2017Q3 us-gaap Temporary Equity Accretion To Redemption Value Adjustment
TemporaryEquityAccretionToRedemptionValueAdjustment
-320424000 USD
CY2017Q4 us-gaap Temporary Equity Accretion To Redemption Value Adjustment
TemporaryEquityAccretionToRedemptionValueAdjustment
-317916000 USD
CY2018Q1 us-gaap Temporary Equity Accretion To Redemption Value Adjustment
TemporaryEquityAccretionToRedemptionValueAdjustment
127039000 USD
CY2018Q2 us-gaap Temporary Equity Accretion To Redemption Value Adjustment
TemporaryEquityAccretionToRedemptionValueAdjustment
353720000 USD
CY2018 us-gaap Temporary Equity Accretion To Redemption Value Adjustment
TemporaryEquityAccretionToRedemptionValueAdjustment
-157581000 USD
CY2017Q2 us-gaap Temporary Equity Carrying Amount Including Portion Attributable To Noncontrolling Interests
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3138583000 USD
CY2018Q2 us-gaap Temporary Equity Carrying Amount Including Portion Attributable To Noncontrolling Interests
TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests
2920410000 USD
CY2018Q2 us-gaap Treasury Stock Shares
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4769556 shares
CY2017Q2 us-gaap Treasury Stock Value
TreasuryStockValue
0 USD
CY2018Q2 us-gaap Treasury Stock Value
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150058000 USD
CY2018 us-gaap Treasury Stock Value Acquired Cost Method
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200129000 USD
CY2015Q2 us-gaap Unrecognized Tax Benefits
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3436000 USD
CY2016Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
4381000 USD
CY2017Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
5043000 USD
CY2018Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
18479000 USD
CY2016 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
201000 USD
CY2017 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
870000 USD
CY2018 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
179000 USD
CY2017Q2 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
300000 USD
CY2018Q2 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
900000 USD
CY2016 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
1549000 USD
CY2017 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
1453000 USD
CY2018 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
1261000 USD
CY2016Q2 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
400000 USD
CY2016 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
318000 USD
CY2017 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
101000 USD
CY2018 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
12965000 USD
CY2016 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
721000 USD
CY2017 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
22000 USD
CY2018 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
611000 USD
CY2016Q2 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
2800000 USD
CY2017Q2 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
2800000 USD
CY2018Q2 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
7400000 USD
CY2018 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
13300000 USD
CY2016 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
145308000 shares
CY2016Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
142962000 shares
CY2016Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
141308000 shares
CY2017Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
50525000 shares
CY2017Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
51470000 shares
CY2017 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
50374000 shares
CY2017Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
140046000 shares
CY2017Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
139237000 shares
CY2018Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
53529000 shares
CY2018Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
52412000 shares
CY2018 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
137340000 shares
CY2016 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
42368000 shares
CY2016Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
47214000 shares
CY2016Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
49445000 shares
CY2017Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
50525000 shares
CY2017Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
51470000 shares
CY2017 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
49654000 shares
CY2017Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
52909000 shares
CY2017Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
55209000 shares
CY2018Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
53529000 shares
CY2018Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
52412000 shares
CY2018 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
53518000 shares
CY2018 us-gaap Incentive Distribution Policy Managing Member Or General Partner Description
IncentiveDistributionPolicyManagingMemberOrGeneralPartnerDescription
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:12px;padding-top:12px;text-align:justify;text-indent:0px;font-size:10pt;"><font style="font-family:Times New Roman;font-size:10pt;font-weight:bold;">Distributions to Limited Partners under the LP Agreement</font></div><div style="line-height:120%;padding-bottom:12px;text-align:justify;text-indent:0px;font-size:10pt;"><font style="font-family:Times New Roman;font-size:10pt;">Premier LP makes quarterly distributions to Premier, Inc. as the general partner and to the limited partners in the form of a legal partnership income distribution governed by the terms of the LP Agreement.&#160;The general partner distribution is based on the general partner's ownership in Premier LP. The limited partner distributions are based on the limited partners' ownership in Premier LP and relative participation across Premier service offerings. While the limited partner distributions are partially based on relative participation across Premier service offerings, the actual distribution is not solely based on revenue generated from an individual partner's participation as distributions are based on the net income or loss of the partnership which encompass the operating expenses of the partnership as well as income or loss generated by non-owner members' participation in Premier's service offerings.&#160;To the extent Premier LP incurred a net loss, the partners would not receive a quarterly distribution.</font></div></div>
CY2018 us-gaap Revenue Recognition Accounting Policy Gross And Net Revenue Disclosure
RevenueRecognitionAccountingPolicyGrossAndNetRevenueDisclosure
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:12px;padding-top:12px;text-align:justify;text-indent:0px;font-size:10pt;"><font style="font-family:Times New Roman;font-size:10pt;font-weight:bold;">Revenue Recognition</font></div><div style="line-height:120%;padding-bottom:12px;padding-top:12px;text-align:justify;text-indent:0px;font-size:10pt;"><font style="font-family:Times New Roman;font-size:10pt;font-style:italic;font-weight:bold;">Net Revenue</font></div><div style="line-height:120%;padding-bottom:12px;text-align:justify;text-indent:0px;font-size:10pt;"><font style="font-family:Times New Roman;font-size:10pt;">Net revenue consists of (i)&#160;service revenue which includes net administrative fees revenue and other services and support revenue and (ii)&#160;product revenue. Net administrative fees revenue consists of net GPO administrative fees in the Supply Chain Services segment. Other services and support revenue consists primarily of fees generated by the Performance Services segment in connection with the Company's SaaS informatics products subscriptions, consulting services and performance improvement collaborative subscriptions. Product revenue consists of integrated pharmacy and direct sourcing product sales, which are included in the Supply Chain Services segment. The Company recognizes revenue when (i)&#160;there is persuasive evidence of an arrangement, (ii)&#160;the fee is fixed or determinable, (iii)&#160;services have been rendered and payment has been contractually earned, and (iv)&#160;collectibility is reasonably assured.</font></div><div style="line-height:120%;padding-bottom:12px;padding-top:12px;text-align:justify;text-indent:0px;font-size:10pt;"><font style="font-family:Times New Roman;font-size:10pt;font-style:italic;font-weight:bold;">Net Administrative Fees Revenue</font></div><div style="line-height:120%;padding-bottom:12px;text-align:justify;text-indent:0px;font-size:10pt;"><font style="font-family:Times New Roman;font-size:10pt;">Net administrative fees revenue is generated through administrative fees received from suppliers based on the total dollar volume of supplies purchased by the Company's members in connection with its GPO programs.</font></div><div style="line-height:120%;padding-bottom:12px;text-align:justify;text-indent:0px;font-size:10pt;"><font style="font-family:Times New Roman;font-size:10pt;">The Company, through its GPO programs, aggregates member purchasing power to negotiate pricing discounts and improve contract terms with suppliers. Contracted suppliers pay the Company administrative fees which generally represent </font><font style="font-family:Times New Roman;font-size:10pt;">1%</font><font style="font-family:Times New Roman;font-size:10pt;"> to </font><font style="font-family:Times New Roman;font-size:10pt;">3%</font><font style="font-family:Times New Roman;font-size:10pt;"> of the purchase price of goods and services sold to members under the contracts the Company has negotiated. Administrative fees are recognized as revenue in the period in which the respective supplier reports member purchasing data, usually a month or a quarter in arrears of actual member purchase activity. The supplier report proves that the delivery of product or service has occurred, the administrative fees are fixed and determinable based on reported purchasing volume, and collectibility is reasonably assured. Member and supplier contracts substantiate persuasive evidence of an arrangement. The Company does not take title to the underlying equipment or products purchased by members through its GPO supplier contracts.</font></div><div style="line-height:120%;padding-bottom:12px;text-align:justify;text-indent:0px;font-size:10pt;"><font style="font-family:Times New Roman;font-size:10pt;">The Company pays a revenue share equal to a percentage of gross administrative fees that the Company collects based upon purchasing by such members and their owned, leased, managed or affiliated facilities through its GPO supplier contracts. Revenue share is recognized according to the members' contractual agreements with the Company as the related administrative fees revenue is recognized. Considering GAAP relating to principal/agent considerations under revenue recognition principles, revenue share is recorded as a reduction to gross administrative fees revenue to arrive at a net administrative fees revenue amount, which amount is included in service revenue in the accompanying Consolidated Statements of Income.</font></div></div>
CY2018 us-gaap Revenue Recognition Deferred Revenue
RevenueRecognitionDeferredRevenue
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:12px;padding-top:12px;text-align:justify;text-indent:0px;font-size:10pt;"><font style="font-family:Times New Roman;font-size:10pt;font-style:italic;font-weight:bold;">Deferred Revenue</font></div><div style="line-height:120%;padding-bottom:12px;text-align:justify;text-indent:0px;font-size:10pt;"><font style="font-family:Times New Roman;font-size:10pt;">Deferred revenue consists of unrecognized revenue related to advanced member invoicing or member payments received prior to fulfillment of the Company's revenue recognition criteria. Substantially all deferred revenue consists of deferred subscription fees and deferred consulting fees. Subscription fees for company-hosted SaaS applications are deferred until the member's unique data records have been incorporated into the underlying software database, or until member site-specific software has been implemented and the member has access to the software. Deferred consulting fees arise when cash is received from members prior to delivery of service. When the fees are contingent upon meeting a performance target that has not yet been achieved, the consulting fees are deferred until the performance target is met.</font></div></div>
CY2018 us-gaap Revenue Recognition Multiple Element Arrangements
RevenueRecognitionMultipleElementArrangements
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:12px;padding-top:12px;text-align:justify;text-indent:0px;font-size:10pt;"><font style="font-family:Times New Roman;font-size:10pt;font-style:italic;font-weight:bold;">Multiple Deliverable Arrangements</font></div><div style="line-height:120%;padding-bottom:12px;text-align:justify;text-indent:0px;font-size:10pt;"><font style="font-family:Times New Roman;font-size:10pt;">The Company enters into agreements where the individual deliverables discussed above, such as SaaS subscriptions and consulting services, are bundled into a single service arrangement. These agreements are generally provided over a time period ranging from approximately </font><font style="font-family:Times New Roman;font-size:10pt;">three months</font><font style="font-family:Times New Roman;font-size:10pt;"> to </font><font style="font-family:Times New Roman;font-size:10pt;">five years</font><font style="font-family:Times New Roman;font-size:10pt;"> after the applicable contract execution date. Revenue is allocated to the individual elements within the arrangement based on their relative selling price using vendor specific objective evidence ("VSOE"), third-party evidence ("TPE") or the estimated selling price ("ESP"), provided that the total arrangement consideration is fixed and determinable at the inception of the arrangement. All deliverables which are fixed and determinable are recognized according to the revenue recognition methodology described above.</font></div><div style="line-height:120%;padding-bottom:12px;text-align:justify;text-indent:0px;font-size:10pt;"><font style="font-family:Times New Roman;font-size:10pt;">Certain arrangements include performance targets or other contingent fees that are not fixed and determinable at the inception of the arrangement. If the total arrangement consideration is not fixed and determinable at the inception of the arrangement, the Company allocates only that portion of the arrangement that is fixed and determinable to each element. As additional consideration becomes fixed, it is similarly allocated based on VSOE, TPE or ESP to each element in the arrangement and recognized in accordance with each element's revenue recognition policy.</font></div></div>
CY2018 us-gaap Revenue Recognition Sales Of Goods
RevenueRecognitionSalesOfGoods
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:12px;padding-top:12px;text-align:justify;text-indent:0px;font-size:10pt;"><font style="font-family:Times New Roman;font-size:10pt;font-style:italic;font-weight:bold;">Product Revenue</font></div><div style="line-height:120%;padding-bottom:12px;text-align:justify;text-indent:0px;font-size:10pt;"><font style="font-family:Times New Roman;font-size:10pt;">Specialty pharmacy revenue is recognized when a product is accepted and is recorded net of the estimated contractual adjustments under agreements with Medicare, Medicaid and other managed care plans. Payments for the products provided under such agreements are based on defined allowable reimbursements rather than on the basis of standard billing rates. The difference between the standard billing rate and allowable reimbursement rate results in contractual adjustments which are recorded as deductions from net revenue.</font></div><div style="line-height:120%;padding-bottom:12px;text-align:justify;text-indent:0px;font-size:10pt;"><font style="font-family:Times New Roman;font-size:10pt;">Direct sourcing revenue is recognized once the title and risk of loss of medical products have been transferred to members.</font></div></div>
CY2018 us-gaap Revenue Recognition Sales Of Services
RevenueRecognitionSalesOfServices
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:12px;padding-top:12px;text-align:justify;text-indent:0px;font-size:10pt;"><font style="font-family:Times New Roman;font-size:10pt;font-style:italic;font-weight:bold;">Other Services and Support Revenue</font></div><div style="line-height:120%;padding-bottom:12px;text-align:justify;text-indent:0px;font-size:10pt;"><font style="font-family:Times New Roman;font-size:10pt;">Performance Services revenue consists of SaaS informatics products subscriptions, certain perpetual and term licenses, performance improvement collaborative and other service subscriptions, professional fees for consulting services, and insurance services management fees and commissions from group-sponsored insurance programs.</font></div><div style="line-height:120%;padding-bottom:12px;text-align:justify;text-indent:0px;font-size:10pt;"><font style="font-family:Times New Roman;font-size:10pt;">SaaS informatics subscriptions include the right to use the Company's proprietary hosted technology on a SaaS basis, training and member support to deliver improvements in cost management, quality and safety, population health management and provider analytics. Pricing varies by application and size of healthcare system. Informatics subscriptions are generally </font><font style="font-family:Times New Roman;font-size:10pt;">three</font><font style="font-family:Times New Roman;font-size:10pt;"> to </font><font style="font-family:Times New Roman;font-size:10pt;">five</font><font style="font-family:Times New Roman;font-size:10pt;"> year agreements with automatic renewal clauses and annual price escalators that typically do not allow for early termination. These agreements do not allow for physical possession of the software. Subscription fees are typically billed on a monthly basis and revenue is recognized as a single deliverable on a straight-line basis over the remaining contractual period following implementation. Implementation involves the completion of data preparation services that are unique to each member's data set and, in certain cases, the installation of member site-specific software, in order to access and transfer member data into the Company's hosted SaaS informatics products. Implementation is generally </font><font style="font-family:Times New Roman;font-size:10pt;">60</font><font style="font-family:Times New Roman;font-size:10pt;"> to </font><font style="font-family:Times New Roman;font-size:10pt;">300 days</font><font style="font-family:Times New Roman;font-size:10pt;">&#160;following contract execution before the SaaS informatics products can be fully utilized by the member.</font></div><div style="line-height:120%;padding-bottom:12px;text-align:justify;text-indent:0px;font-size:10pt;"><font style="font-family:Times New Roman;font-size:10pt;">The Company sells certain perpetual and term licenses that include mandatory post-contract customer support in the form of maintenance and support services. Pricing varies by application and size of healthcare system. Fees for the initial period include the license fees, implementation fees and the initial bundled maintenance and support services fees. The fees for the initial period are recognized straight-line over the remaining initial period following implementation. Subsequent renewal maintenance and support services fees are recognized on a straight-line basis over the contractually stated renewal periods. Implementation services are provided to the customer prior to the use of the software and do not involve significant customization or modification. Implementation is generally </font><font style="font-family:Times New Roman;font-size:10pt;">250</font><font style="font-family:Times New Roman;font-size:10pt;"> to </font><font style="font-family:Times New Roman;font-size:10pt;">300 days</font><font style="font-family:Times New Roman;font-size:10pt;"> following contract execution before the licensed software products can be fully utilized by the member.</font></div><div style="line-height:120%;padding-bottom:12px;text-align:justify;text-indent:0px;font-size:10pt;"><font style="font-family:Times New Roman;font-size:10pt;">Revenue from performance improvement collaboratives and other service subscriptions that support the Company's offerings in cost management, quality and safety and population health management is recognized over the service period, which is generally </font><font style="font-family:Times New Roman;font-size:10pt;">one</font><font style="font-family:Times New Roman;font-size:10pt;"> year.</font></div><div style="line-height:120%;padding-bottom:12px;text-align:justify;text-indent:0px;font-size:10pt;"><font style="font-family:Times New Roman;font-size:10pt;">Professional fees for consulting services sold under contracts vary based on the nature and terms of the engagement. Fees are billed as stipulated in the contract, and revenue is recognized on a proportional performance method as services are performed and deliverables are provided. In situations where the contracts have significant contract performance guarantees or member acceptance provisions, revenue recognition occurs when the fees are fixed and determinable and all contingencies, including any refund rights, have been satisfied.</font></div><div style="line-height:120%;padding-bottom:12px;text-align:justify;text-indent:0px;font-size:10pt;"><font style="font-family:Times New Roman;font-size:10pt;">Insurance services management fees are recognized in the period in which such services are provided. Commissions from group sponsored insurance programs are recognized over the term of the insurance policies, which is generally </font><font style="font-family:Times New Roman;font-size:10pt;">one</font><font style="font-family:Times New Roman;font-size:10pt;"> year.</font></div><div style="line-height:120%;padding-bottom:12px;text-align:justify;text-indent:0px;font-size:10pt;"><font style="font-family:Times New Roman;font-size:10pt;">Certain administrative and/or patient management integrated pharmacy services are provided in situations where prescriptions are sent back to member health systems for dispensing. Additionally, the Company derives revenue from pharmaceutical manufacturers for providing patient education and utilization data. Revenue is recognized as these services are provided.</font></div></div>
CY2018 us-gaap Revenue Recognition Services Management Fees
RevenueRecognitionServicesManagementFees
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:12px;padding-top:12px;text-align:justify;text-indent:0px;font-size:10pt;"><font style="font-family:Times New Roman;font-size:10pt;font-style:italic;font-weight:bold;">Performance Guarantees</font></div><div style="line-height:120%;padding-bottom:12px;text-align:justify;text-indent:0px;font-size:10pt;"><font style="font-family:Times New Roman;font-size:10pt;">On limited occasions, the Company enters into agreements which provide for guaranteed performance levels to be achieved by the member over the term of the agreement. In situations with significant performance guarantees, the Company defers revenue recognition until the amount is fixed and determinable and all contingencies, including any refund rights, have been satisfied. In the event that guaranteed savings levels are not achieved, the Company may have to perform additional services at no additional charge for the member to achieve the guaranteed savings or pay the difference between the savings that were guaranteed and the actual achieved savings.</font></div></div>
CY2018 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:16px;text-align:justify;text-indent:0px;font-size:10pt;"><font style="font-family:Times New Roman;font-size:10pt;font-weight:bold;">Use of Estimates in the Preparation of Financial Statements</font></div><div style="line-height:120%;padding-bottom:12px;text-align:justify;text-indent:0px;font-size:10pt;"><font style="font-family:Times New Roman;font-size:10pt;">The preparation of the Company's consolidated financial statements in accordance with GAAP requires management to make estimates and judgments that affect the reported amounts of assets, liabilities, revenues and expenses and related disclosure of contingent assets and liabilities. Significant estimates are evaluated on an ongoing basis, including estimates for allowances for doubtful accounts, useful lives of property and equipment, stock-based compensation, payables under TRAs, deferred tax balances including valuation allowances on deferred tax assets, uncertain tax positions, values of investments not publicly traded, deferred revenue, future cash flows associated with asset impairments, values of put and call rights, values of earn-out liabilities and the allocation of purchase prices. These estimates are based 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.</font></div><div style="line-height:120%;padding-bottom:12px;text-align:justify;text-indent:0px;font-size:10pt;"><font style="font-family:Times New Roman;font-size:10pt;">Given the Company's use of estimates referenced above, it is important to highlight that on December 22, 2017, the U.S. government enacted comprehensive tax legislation commonly referred to as the Tax Cuts and Jobs Act ("TCJA"). The TCJA includes significant changes to the U.S. corporate income tax system, specifically reducing the U.S. federal corporate income tax rate from 35% to 21%. As changes under the TCJA are broad and complex, the Company continues to interpret the breadth of its immediate and long-term impacts. The Company notes that concurrent with the enactment of the TCJA, the SEC issued Staff Accounting Bulletin No. 118 ("SAB 118"), which provides guidance on accounting for the tax effects of the TCJA.</font></div><div style="line-height:120%;padding-bottom:0px;text-align:justify;text-indent:0px;font-size:10pt;"><font style="font-family:Times New Roman;font-size:10pt;">SAB 118 provides a measurement period that should not extend beyond one year from the TCJA enactment date for companies to complete the accounting required under the Financial Accounting Standards Board ("FASB") Accounting Standards Codification ("ASC") 740. In accordance with SAB 118, a company must reflect the income tax effects of those aspects of the TCJA for which the accounting under ASC 740 is complete. To the extent that a company's accounting for certain income tax effects of the TCJA is incomplete but it is able to determine a reasonable estimate, it must record a provisional amount on its financial statements. If a company cannot determine a provisional estimate to be included on its financial statements, it should continue to apply ASC 740 on the basis of the provision of the tax laws that were in effect immediately prior to the enactment of the TCJA. With this in mind, the Company has prescribed such provisional relief under SAB 118 by incorporating various estimates regarding timing and determination of temporary difference recognition when calculating components of its deferred tax balances. While the Company is able to provide reasonable estimates of the impacts related to the TCJA, the final impact may differ from these estimates, due to, among other things, changes in interpretations, assumptions, additional guidance that may be released by the Internal Revenue Service and other actions that we may take that are yet to be determined.</font></div></div>

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