2014 Q4 Form 10-K Financial Statement

#000078578614000044 Filed on November 17, 2014

View on sec.gov

Income Statement

Concept 2014 Q4 2014 2013 Q3
Revenue -$108.4M $567.7M
YoY Change 4.61% -4.55%
Cost Of Revenue $2.153B $513.2M
YoY Change 6.84% -4.7%
Gross Profit $225.6M $54.53M
YoY Change 5.81% -3.05%
Gross Profit Margin 9.6%
Selling, General & Admin $113.7M $27.80M
YoY Change -2.47% -3.81%
% of Gross Profit 50.4% 50.98%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $47.26M $12.30M
YoY Change -0.31% 0.0%
% of Gross Profit 20.95% 22.56%
Operating Expenses $113.7M $27.80M
YoY Change -2.47% -3.81%
Operating Profit $100.6M $26.73M
YoY Change 4.12% -2.25%
Interest Expense $12.30M -$2.200M
YoY Change -2.71% -35.29%
% of Operating Profit 12.22% -8.23%
Other Income/Expense, Net $2.079M -$200.0K
YoY Change -423.83% 0.0%
Pretax Income $93.33M $24.40M
YoY Change 9.82% 2.95%
Income Tax $6.112M $0.00
% Of Pretax Income 6.55% 0.0%
Net Earnings $87.21M $24.46M
YoY Change 6.02% 3260.44%
Net Earnings / Revenue 4.31%
Basic Earnings Per Share $2.58 $0.73
Diluted Earnings Per Share $2.52 $0.71
COMMON SHARES
Basic Shares Outstanding 33.63M shares 33.79M shares 33.75M shares
Diluted Shares Outstanding 34.66M shares

Balance Sheet

Concept 2014 Q4 2014 2013 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $346.6M $341.9M
YoY Change 1.37% 14.89%
Cash & Equivalents $346.6M $341.9M
Short-Term Investments
Other Short-Term Assets $34.30M $27.80M
YoY Change 23.38% 30.52%
Inventory $526.0M $404.0M
Prepaid Expenses
Receivables $324.1M $305.4M
Other Receivables $0.00 $0.00
Total Short-Term Assets $1.231B $1.079B
YoY Change 14.07% -1.89%
LONG-TERM ASSETS
Property, Plant & Equipment $334.9M $325.1M
YoY Change 3.01% 22.58%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $43.30M $41.09M
YoY Change -0.69% -2.48%
Total Long-Term Assets $378.2M $368.7M
YoY Change 2.58% 18.29%
TOTAL ASSETS
Total Short-Term Assets $1.231B $1.079B
Total Long-Term Assets $378.2M $368.7M
Total Assets $1.609B $1.448B
YoY Change 11.14% 2.57%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $396.4M $313.4M
YoY Change 26.48% -8.17%
Accrued Expenses $89.80M $85.10M
YoY Change 5.52% -7.5%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $4.400M $3.600M
YoY Change 22.22% -64.71%
Total Short-Term Liabilities $547.3M $471.4M
YoY Change 16.1% -1.77%
LONG-TERM LIABILITIES
Long-Term Debt $262.0M $257.8M
YoY Change 1.63% -0.92%
Other Long-Term Liabilities $13.30M $17.11M
YoY Change -22.22% -10.42%
Total Long-Term Liabilities $275.3M $277.0M
YoY Change 0.15% -1.97%
TOTAL LIABILITIES
Total Short-Term Liabilities $547.3M $471.4M
Total Long-Term Liabilities $275.3M $277.0M
Total Liabilities $827.9M $748.4M
YoY Change 10.62% -1.84%
SHAREHOLDERS EQUITY
Retained Earnings $679.2M
YoY Change 13.78%
Common Stock $492.0K
YoY Change 0.61%
Preferred Stock
YoY Change
Treasury Stock (at cost) $450.0M
YoY Change 12.46%
Treasury Stock Shares 16.31M shares
Shareholders Equity $781.1M $699.3M
YoY Change
Total Liabilities & Shareholders Equity $1.609B $1.448B
YoY Change 11.14% 2.57%

Cashflow Statement

Concept 2014 Q4 2014 2013 Q3
OPERATING ACTIVITIES
Net Income $87.21M $24.46M
YoY Change 6.02% 3260.44%
Depreciation, Depletion And Amortization $47.26M $12.30M
YoY Change -0.31% 0.0%
Cash From Operating Activities $88.43M $90.70M
YoY Change -57.41% 122.85%
INVESTING ACTIVITIES
Capital Expenditures $65.28M -$23.80M
YoY Change -39.62% 27.96%
Acquisitions
YoY Change
Other Investing Activities $2.700M $400.0K
YoY Change 200.0% -55.56%
Cash From Investing Activities -$62.57M -$23.50M
YoY Change -41.66% 32.77%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $30.00M
YoY Change -39.83%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$20.96M -11.80M
YoY Change -63.52% 168.18%
NET CHANGE
Cash From Operating Activities $88.43M 90.70M
Cash From Investing Activities -$62.57M -23.50M
Cash From Financing Activities -$20.96M -11.80M
Net Change In Cash $4.906M 55.40M
YoY Change -88.58% 197.85%
FREE CASH FLOW
Cash From Operating Activities $88.43M $90.70M
Capital Expenditures $65.28M -$23.80M
Free Cash Flow $23.15M $114.5M
YoY Change -76.74% 93.09%

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EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
0.058 Rate
CY2014 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.332 Rate
CY2012 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.275 Rate
CY2013 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.344 Rate
CY2012 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense
EffectiveIncomeTaxRateReconciliationNondeductibleExpense
-0.020 Rate
CY2013 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense
EffectiveIncomeTaxRateReconciliationNondeductibleExpense
-0.001 Rate
CY2014 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense
EffectiveIncomeTaxRateReconciliationNondeductibleExpense
0.018 Rate
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-0.003 Rate
CY2014 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
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CY2013 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
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-0.031 Rate
CY2012 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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0.002 Rate
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52043000 USD
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42553000 USD
CY2014 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
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USD
CY2013 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
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CY2012 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
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2014000 USD
CY2012Q3 us-gaap Finite Lived Intangible Assets Gross
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4000000 USD
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-1200000 USD
CY2012 us-gaap Foreign Currency Transaction Gain Loss Before Tax
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200000 USD
CY2014 us-gaap Foreign Currency Transaction Gain Loss Before Tax
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-100000 USD
CY2012 us-gaap Gain Loss On Sale Of Property Plant Equipment
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CY2014 us-gaap Gain Loss On Sale Of Property Plant Equipment
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183000 USD
CY2013 us-gaap Gain Loss On Sale Of Property Plant Equipment
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104000 USD
CY2013 us-gaap Gross Profit
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213185000 USD
CY2014 us-gaap Gross Profit
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CY2012 us-gaap Gross Profit
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CY2013Q2 us-gaap Gross Profit
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55473000 USD
CY2014Q1 us-gaap Gross Profit
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CY2014Q3 us-gaap Gross Profit
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62639000 USD
CY2013Q1 us-gaap Gross Profit
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52021000 USD
CY2014Q2 us-gaap Gross Profit
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CY2013Q3 us-gaap Gross Profit
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CY2013Q4 us-gaap Gross Profit
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CY2012Q4 us-gaap Gross Profit
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51162000 USD
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-12473000 USD
CY2013 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
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-8406000 USD
CY2012 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
8371000 USD
CY2014 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
105798000 USD
CY2013 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
93389000 USD
CY2012 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
82860000 USD
CY2014 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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93325000 USD
CY2012 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
91231000 USD
CY2013 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
84983000 USD
CY2012 us-gaap Income Tax Expense Benefit
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29142000 USD
CY2013 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2724000 USD
CY2014 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
6112000 USD
CY2014 us-gaap Income Tax Holiday Income Tax Benefits Per Share
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0.71
CY2012 us-gaap Income Tax Holiday Income Tax Benefits Per Share
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0.50
CY2013 us-gaap Income Tax Holiday Income Tax Benefits Per Share
IncomeTaxHolidayIncomeTaxBenefitsPerShare
0.66
CY2012 us-gaap Income Tax Reconciliation Tax Holidays
IncomeTaxReconciliationTaxHolidays
17500000 USD
CY2013 us-gaap Income Tax Reconciliation Tax Holidays
IncomeTaxReconciliationTaxHolidays
22700000 USD
CY2014 us-gaap Income Tax Reconciliation Tax Holidays
IncomeTaxReconciliationTaxHolidays
24100000 USD
CY2014 us-gaap Income Taxes Paid
IncomeTaxesPaid
9000000 USD
CY2012 us-gaap Income Taxes Paid
IncomeTaxesPaid
9000000 USD
CY2013 us-gaap Income Taxes Paid
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5300000 USD
CY2012 us-gaap Increase Decrease In Accounts Payable
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34314000 USD
CY2014 us-gaap Increase Decrease In Accounts Payable
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90320000 USD
CY2013 us-gaap Increase Decrease In Accounts Payable
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-28490000 USD
CY2013 us-gaap Increase Decrease In Accounts Receivable
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19657000 USD
CY2014 us-gaap Increase Decrease In Accounts Receivable
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-19426000 USD
CY2012 us-gaap Increase Decrease In Accounts Receivable
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-38577000 USD
CY2014 us-gaap Increase Decrease In Accrued Liabilities
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4950000 USD
CY2012 us-gaap Increase Decrease In Accrued Liabilities
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-4283000 USD
CY2013 us-gaap Increase Decrease In Accrued Liabilities
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CY2013 us-gaap Increase Decrease In Customer Deposits
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32712000 USD
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5485000 USD
CY2014 us-gaap Increase Decrease In Customer Deposits
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CY2013 us-gaap Increase Decrease In Inventories
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55193000 USD
CY2012 us-gaap Increase Decrease In Inventories
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24105000 USD
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-122611000 USD
CY2012 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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CY2012 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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870000 shares
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562000 shares
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CY2014 us-gaap Interest Expense
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CY2012 us-gaap Interest Expense
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16064000 USD
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CY2014 us-gaap Interest Paid
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12700000 USD
CY2013 us-gaap Interest Paid
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12900000 USD
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57883000 USD
CY2014Q3 us-gaap Inventory Work In Process
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CY2014 us-gaap Investment Income Interest
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CY2013 us-gaap Investment Income Interest
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1640000 USD
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2021-12-31
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1447684000 USD
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75000000 USD
CY2014Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
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175000000 USD
CY2014Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
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0 USD
CY2014Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
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280578000 USD
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2400000 USD
CY2014Q3 us-gaap Long Term Debt
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CY2014Q3 us-gaap Long Term Debt And Capital Lease Obligations
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262046000 USD
CY2013Q3 us-gaap Long Term Debt And Capital Lease Obligations
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CY2013Q3 us-gaap Long Term Debt And Capital Lease Obligations Current
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CY2014Q3 us-gaap Long Term Debt Fair Value
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247500000 USD
CY2013Q3 us-gaap Long Term Debt Fair Value
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CY2013Q3 us-gaap Money Market Funds At Carrying Value
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183877000 USD
CY2014Q3 us-gaap Money Market Funds At Carrying Value
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CY2013 us-gaap Net Cash Provided By Used In Financing Activities
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CY2012 us-gaap Net Cash Provided By Used In Investing Activities
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CY2014 us-gaap Net Cash Provided By Used In Investing Activities
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157503000 USD
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CY2012 us-gaap Net Income Loss
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CY2014 us-gaap Net Income Loss
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CY2014Q1 us-gaap Net Income Loss
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CY2013Q1 us-gaap Net Income Loss
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CY2013Q2 us-gaap Net Income Loss
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CY2012 us-gaap Operating Income Loss
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CY2014 us-gaap Operating Income Loss
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CY2013 us-gaap Operating Income Loss
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CY2014Q3 us-gaap Operating Leases Future Minimum Payments Due Current
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7617000 USD
CY2014Q3 us-gaap Operating Leases Future Minimum Payments Due In Five Years
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1003000 USD
CY2014Q3 us-gaap Operating Leases Future Minimum Payments Due In Four Years
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1404000 USD
CY2014Q3 us-gaap Operating Leases Future Minimum Payments Due In Three Years
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2270000 USD
CY2014Q3 us-gaap Operating Leases Future Minimum Payments Due In Two Years
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5030000 USD
CY2014Q3 us-gaap Operating Leases Future Minimum Payments Due Thereafter
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15700000 USD
CY2011 us-gaap Operating Leases Rent Expense Net
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CY2014 us-gaap Operating Leases Rent Expense Net
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15100000 USD
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1234000 USD
CY2014 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
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CY2013 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
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6754000 USD
CY2012 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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8055000 USD
CY2013 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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4053000 USD
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1565000 USD
CY2012 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
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6821000 USD
CY2013 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
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CY2014Q3 us-gaap Other Liabilities Noncurrent
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13341000 USD
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CY2014 us-gaap Other Nonoperating Income Expense
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2079000 USD
CY2012 us-gaap Payments For Repurchase Of Common Stock
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CY2014 us-gaap Payments For Repurchase Of Common Stock
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30000000 USD
CY2013 us-gaap Payments For Repurchase Of Common Stock
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49858000 USD
CY2012 us-gaap Payments Related To Tax Withholding For Share Based Compensation
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1373000 USD
CY2014 us-gaap Payments Related To Tax Withholding For Share Based Compensation
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1565000 USD
CY2013Q3 us-gaap Preferred Stock Value
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0 USD
CY2014Q3 us-gaap Preferred Stock Value
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0 USD
CY2014Q3 us-gaap Prepaid Expense And Other Assets
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27757000 USD
CY2013Q3 us-gaap Prepaid Expense And Other Assets
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23870000 USD
CY2014 us-gaap Proceeds From Issuance Of Debt
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281000000 USD
CY2012 us-gaap Proceeds From Issuance Of Debt
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89082000 USD
CY2013 us-gaap Proceeds From Issuance Of Debt
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30000000 USD
CY2013 us-gaap Proceeds From Sale Of Longterm Investments
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CY2013 us-gaap Payments Related To Tax Withholding For Share Based Compensation
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350000 USD
CY2012 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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34155000 USD
CY2013 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
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CY2014 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
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CY2013 us-gaap Payments To Acquire Productive Assets
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108122000 USD
CY2012 us-gaap Payments To Acquire Productive Assets
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63697000 USD
CY2014 us-gaap Payments To Acquire Productive Assets
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65284000 USD
CY2013Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
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0.01
CY2014Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
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CY2014Q3 us-gaap Preferred Stock Shares Authorized
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5000000 shares
CY2013Q3 us-gaap Preferred Stock Shares Authorized
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5000000 shares
CY2014 us-gaap Proceeds From Sale Of Longterm Investments
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CY2012 us-gaap Proceeds From Sale Of Longterm Investments
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2000000 USD
CY2013 us-gaap Proceeds From Sale Of Property Plant And Equipment
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873000 USD
CY2012 us-gaap Proceeds From Sale Of Property Plant And Equipment
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3670000 USD
CY2014 us-gaap Proceeds From Sale Of Property Plant And Equipment
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2717000 USD
CY2013 us-gaap Proceeds From Stock Options Exercised
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3778000 USD
CY2012 us-gaap Proceeds From Stock Options Exercised
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6820000 USD
CY2014 us-gaap Proceeds From Stock Options Exercised
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14869000 USD
CY2012Q3 us-gaap Product Warranty Accrual
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5145000 USD
CY2013Q3 us-gaap Product Warranty Accrual
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5942000 USD
CY2014Q3 us-gaap Product Warranty Accrual
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6803000 USD
CY2013 us-gaap Product Warranty Accrual Payments
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CY2014 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
-3470000 USD
CY2014 us-gaap Product Warranty Accrual Warranties Issued
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4331000 USD
CY2013 us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
1168000 USD
CY2014Q3 us-gaap Property Plant And Equipment Gross
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721024000 USD
CY2013Q3 us-gaap Property Plant And Equipment Gross
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684219000 USD
CY2013Q3 us-gaap Property Plant And Equipment Net
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325061000 USD
CY2014Q3 us-gaap Property Plant And Equipment Net
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334926000 USD
CY2013 us-gaap Repayments Of Long Term Debt And Capital Securities
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41018000 USD
CY2014 us-gaap Repayments Of Long Term Debt And Capital Securities
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285263000 USD
CY2012 us-gaap Repayments Of Long Term Debt And Capital Securities
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107354000 USD
CY2012 us-gaap Restructuring Charges
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0 USD
CY2013 us-gaap Restructuring Charges
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0 USD
CY2014 us-gaap Restructuring Charges
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11280000 USD
CY2014Q3 us-gaap Restructuring Reserve
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100000 USD
CY2013Q3 us-gaap Restructuring Reserve
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0 USD
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CY2013Q3 us-gaap Retained Earnings Accumulated Deficit
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679172000 USD
CY2014Q3 us-gaap Retained Earnings Accumulated Deficit
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766385000 USD
CY2014 us-gaap Revenues
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CY2013 us-gaap Revenues
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CY2012 us-gaap Revenues
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CY2012 us-gaap Sales Revenue Net
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2306732000 USD
CY2014 us-gaap Sales Revenue Net
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2378249000 USD
CY2013 us-gaap Sales Revenue Net
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2228031000 USD
CY2013Q4 us-gaap Sales Revenue Net
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533905000 USD
CY2014Q3 us-gaap Sales Revenue Net
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666223000 USD
CY2013Q2 us-gaap Sales Revenue Net
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571945000 USD
CY2012Q4 us-gaap Sales Revenue Net
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530532000 USD
CY2013Q1 us-gaap Sales Revenue Net
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557824000 USD
CY2013Q3 us-gaap Sales Revenue Net
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567730000 USD
CY2014Q1 us-gaap Sales Revenue Net
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557616000 USD
CY2014Q2 us-gaap Sales Revenue Net
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620505000 USD
CY2014 us-gaap Selling General And Administrative Expense
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113682000 USD
CY2013 us-gaap Selling General And Administrative Expense
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116562000 USD
CY2012 us-gaap Selling General And Administrative Expense
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115754000 USD
CY2012 us-gaap Share Based Compensation
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12535000 USD
CY2013 us-gaap Share Based Compensation
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11782000 USD
CY2014 us-gaap Share Based Compensation
ShareBasedCompensation
12970000 USD
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum
0.47 Rate
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum
0.51 Rate
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum
0.51 Rate
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum
0.38 Rate
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum
0.50 Rate
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum
0.45 Rate
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum
0.0271 Rate
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum
0.0109 Rate
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum
0.0186 Rate
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum
0.0057 Rate
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum
0.0057 Rate
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum
0.0124 Rate
CY2014Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
1772000 shares
CY2013Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
2375000 shares
CY2012Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
2327000 shares
CY2013Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
29.49
CY2012Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
28.32
CY2014Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
30.45
CY2014Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
19212000 USD
CY2014 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
13304000 USD
CY2012 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
7461000 USD
CY2013 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
2043000 USD
CY2014 us-gaap Stock Repurchase Program Authorized Amount
StockRepurchaseProgramAuthorizedAmount
30000000 USD
CY2015 us-gaap Stock Repurchase Program Authorized Amount
StockRepurchaseProgramAuthorizedAmount
30000000 USD
CY2013 us-gaap Stock Repurchase Program Authorized Amount
StockRepurchaseProgramAuthorizedAmount
50000000 USD
CY2014 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
733447 shares
CY2013 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
1821698 shares
CY2014Q3 us-gaap Stockholders Equity
StockholdersEquity
781133000 USD
CY2013Q3 us-gaap Stockholders Equity
StockholdersEquity
699301000 USD
CY2012Q3 us-gaap Stockholders Equity
StockholdersEquity
649022000 USD
CY2011Q4 us-gaap Stockholders Equity
StockholdersEquity
558882000 USD
CY2013 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
27.37
CY2014 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
40.90
CY2014Q3 us-gaap Treasury Stock Shares
TreasuryStockShares
16309000 shares
CY2013Q3 us-gaap Treasury Stock Shares
TreasuryStockShares
15576000 shares
CY2014Q3 us-gaap Treasury Stock Value
TreasuryStockValue
479968000 USD
CY2013Q3 us-gaap Treasury Stock Value
TreasuryStockValue
449968000 USD
CY2013 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
-49858000 USD
CY2014 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
-30000000 USD
CY2013Q3 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
7436000 USD
CY2012Q3 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
7603000 USD
CY2014Q3 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
2368000 USD
CY2014 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
1582000 USD
CY2014Q3 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
200000 USD
CY2012Q3 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
900000 USD
CY2013Q3 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
1100000 USD
CY2014 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
100000 USD
CY2013 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
189000 USD
CY2014 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
324000 USD
CY2013Q3 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
5300000 USD
CY2014Q3 plxs Deferred Tax Assets Goodwill And Intangible Assets Goodwill
DeferredTaxAssetsGoodwillAndIntangibleAssetsGoodwill
541000 USD
CY2013Q3 plxs Deferred Tax Assets Goodwill And Intangible Assets Goodwill
DeferredTaxAssetsGoodwillAndIntangibleAssetsGoodwill
1268000 USD
CY2012 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
34874000 shares
CY2014 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
33785000 shares
CY2014Q3 plxs Aggregate Undistributed Earnings Of Foreign Subsidiaries
AggregateUndistributedEarningsOfForeignSubsidiaries
687600000 USD
CY2014Q3 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
1100000 USD
CY2014 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:12px;padding-top:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Use of Estimates:</font><font style="font-family:inherit;font-size:10pt;">&#160;&#160;The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Actual results could differ from those estimates.</font></div></div>
CY2012 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
24100000 USD
CY2014 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
7900000 USD
CY2013 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
7000000 USD
CY2013 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
34892000 shares
CY2014 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
34655000 shares
CY2012 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
35529000 shares
CY2013 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
34330000 shares
CY2013Q3 plxs Assets Non Current Other
AssetsNonCurrentOther
43600000 USD
CY2014Q3 plxs Assets Non Current Other
AssetsNonCurrentOther
43300000 USD
CY2013Q3 plxs Computer Hardware And Software
ComputerHardwareAndSoftware
91565000 USD
CY2014Q3 plxs Computer Hardware And Software
ComputerHardwareAndSoftware
95780000 USD
CY2014Q3 plxs Customer Deposits Related To Inventory
CustomerDepositsRelatedToInventory
51000000 USD
CY2013Q3 plxs Customer Deposits Related To Inventory
CustomerDepositsRelatedToInventory
51600000 USD
CY2012 plxs Sales Revenue Service Net Percentage
SalesRevenueServiceNetPercentage
0.05 Rate
CY2013 plxs Sales Revenue Service Net Percentage
SalesRevenueServiceNetPercentage
0.05 Rate
CY2013Q3 plxs Land Buildings And Improvements
LandBuildingsAndImprovements
212195000 USD
CY2014Q3 plxs Land Buildings And Improvements
LandBuildingsAndImprovements
283569000 USD
CY2014 plxs Minimum Percentage Of Common Stock Required For Rights Exercisable
MinimumPercentageOfCommonStockRequiredForRightsExercisable
0.20 Rate
CY2014Q3 plxs Percentage Of Accounts Receivable From Major Customer
PercentageOfAccountsReceivableFromMajorCustomer
0 Rate
CY2014 plxs Preferred Stock Purchase Rights Under Rights Agreement
PreferredStockPurchaseRightsUnderRightsAgreement
125.00
CY2014Q3 plxs Rate Reconciliation Impactof Settlementof Uncertain Tax Positions
RateReconciliationImpactofSettlementofUncertainTaxPositions
0.041
CY2014 plxs Sales Revenue Service Net Percentage
SalesRevenueServiceNetPercentage
0.1
CY2014 plxs Sales Revenue Service Net Percentage
SalesRevenueServiceNetPercentage
0.05 Rate
CY2011 plxs Sales Revenue Service Net Percentage
SalesRevenueServiceNetPercentage
0.05 Rate
CY2014Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
33633307 shares
CY2014 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2014
CY2014 dei Document Period End Date
DocumentPeriodEndDate
2014-11-17
CY2014 dei Document Type
DocumentType
10-K
CY2014 dei Entity Central Index Key
EntityCentralIndexKey
0000785786
CY2014 plxs Valuation Allowance Related To Tax Deductions For Stock Based Compensation
ValuationAllowanceRelatedToTaxDeductionsForStockBasedCompensation
4500000 USD
CY2014 dei Amendment Flag
AmendmentFlag
false
CY2014 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--09-27
CY2014 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2014 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2014 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2014Q1 dei Entity Public Float
EntityPublicFloat
1315900000 USD
CY2014 dei Entity Registrant Name
EntityRegistrantName
PLEXUS CORP
CY2014 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2014 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
Yes

Files In Submission

Name View Source Status
0000785786-14-000044-index-headers.html Edgar Link pending
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0000785786-14-000044.txt Edgar Link pending
0000785786-14-000044-xbrl.zip Edgar Link pending
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plxs-20140927_cal.xml Edgar Link unprocessable
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