2020 Q1 Form 10-K Financial Statement

#000110465920026287 Filed on February 27, 2020

View on sec.gov

Income Statement

Concept 2020 Q1 2019 Q4 2019
Revenue $273.3M $332.2M $1.319B
YoY Change -9.94% -6.68% 12.7%
Cost Of Revenue $120.9M $150.4M $645.8M
YoY Change 235.19% -20.34% 21.07%
Gross Profit $152.3M $181.8M $672.8M
YoY Change -43.04% 8.73% 5.69%
Gross Profit Margin 55.74% 54.73% 51.02%
Selling, General & Admin $98.39M $95.80M $382.4M
YoY Change 3.36% 0.21% -0.07%
% of Gross Profit 64.6% 52.7% 56.84%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $19.29M $18.60M $70.50M
YoY Change 12.73% 8.77% 5.84%
% of Gross Profit 12.67% 10.23% 10.48%
Operating Expenses $98.39M $114.4M $382.4M
YoY Change 3.36% 1.51% -0.07%
Operating Profit $34.08M $71.48M $223.2M
YoY Change 1.47% 26.91% 20.53%
Interest Expense $9.182M -$6.200M $41.28M
YoY Change -15.11% -46.55% -7.3%
% of Operating Profit 26.94% -8.67% 18.49%
Other Income/Expense, Net $3.577M $3.200M $8.838M
YoY Change 75.43% 10.34% -25.42%
Pretax Income $28.48M $64.40M $190.8M
YoY Change 14.78% 35.86% 25.08%
Income Tax $5.648M $12.80M $41.62M
% Of Pretax Income 19.83% 19.88% 21.82%
Net Earnings $22.81M $51.57M $149.0M
YoY Change 25.57% 45.33% 22.69%
Net Earnings / Revenue 8.35% 15.52% 11.3%
Basic Earnings Per Share $0.21 $0.47 $1.37
Diluted Earnings Per Share $0.21 $0.47 $1.36
COMMON SHARES
Basic Shares Outstanding 109.2M 108.2M 108.5M
Diluted Shares Outstanding 110.5M 109.8M

Balance Sheet

Concept 2020 Q1 2019 Q4 2019
SHORT-TERM ASSETS
Cash & Short-Term Investments $290.1M $359.7M $359.7M
YoY Change 8.86% 51.33% 51.33%
Cash & Equivalents $290.1M $359.7M $359.7M
Short-Term Investments
Other Short-Term Assets $38.04M $50.16M $110.8M
YoY Change -42.84% 2.25% -5.22%
Inventory $61.75M $64.96M $65.00M
Prepaid Expenses
Receivables $245.7M $142.6M $121.8M
Other Receivables $8.100M $6.800M $22.40M
Total Short-Term Assets $709.5M $679.6M $679.6M
YoY Change 2.29% 12.6% 12.61%
LONG-TERM ASSETS
Property, Plant & Equipment $477.3M $484.5M $600.7M
YoY Change 1.76% -0.44% 23.45%
Goodwill $670.1M $672.3M
YoY Change -0.25% 0.11%
Intangibles $225.3M $233.4M
YoY Change -6.89% -4.98%
Long-Term Investments $0.00 $4.276M $4.300M
YoY Change -100.0% 6.63%
Other Assets $132.5M $145.7M $27.40M
YoY Change 4.25% 395.59% -39.11%
Total Long-Term Assets $1.518B $1.550B $1.550B
YoY Change -0.51% 6.97% 6.96%
TOTAL ASSETS
Total Short-Term Assets $709.5M $679.6M $679.6M
Total Long-Term Assets $1.518B $1.550B $1.550B
Total Assets $2.228B $2.229B $2.229B
YoY Change 0.36% 8.63% 8.62%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $187.8M $194.3M $72.90M
YoY Change 3.76% -3.48% -22.03%
Accrued Expenses $69.54M $81.80M
YoY Change 9.22% 6.1%
Deferred Revenue
YoY Change
Short-Term Debt $33.08M $4.705M $4.700M
YoY Change 280.81% -76.35% -76.38%
Long-Term Debt Due $16.94M $18.28M $18.30M
YoY Change 8.28% 39.24% 39.69%
Total Short-Term Liabilities $584.0M $501.3M $501.3M
YoY Change 9.87% 13.9% 13.91%
LONG-TERM LIABILITIES
Long-Term Debt $613.5M $627.2M $643.5M
YoY Change -10.78% -10.16% -9.15%
Other Long-Term Liabilities $142.6M $151.2M $134.9M
YoY Change 10.34% 260.26% 311.28%
Total Long-Term Liabilities $756.1M $778.4M $778.4M
YoY Change -7.44% 5.17% 5.03%
TOTAL LIABILITIES
Total Short-Term Liabilities $584.0M $501.3M $501.3M
Total Long-Term Liabilities $756.1M $778.4M $778.4M
Total Liabilities $1.383B $1.322B $1.328B
YoY Change -0.2% 8.77% 8.66%
SHAREHOLDERS EQUITY
Retained Earnings $714.8M $714.1M
YoY Change 10.55% 10.15%
Common Stock $199.9M $246.9M
YoY Change -16.46% 3.44%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $839.8M $901.8M $901.8M
YoY Change
Total Liabilities & Shareholders Equity $2.228B $2.229B $2.229B
YoY Change 0.36% 8.63% 8.62%

Cashflow Statement

Concept 2020 Q1 2019 Q4 2019
OPERATING ACTIVITIES
Net Income $22.81M $51.57M $149.0M
YoY Change 25.57% 45.33% 22.69%
Depreciation, Depletion And Amortization $19.29M $18.60M $70.50M
YoY Change 12.73% 8.77% 5.84%
Cash From Operating Activities $4.132M $23.70M $332.8M
YoY Change -94.25% -49.79% 130.66%
INVESTING ACTIVITIES
Capital Expenditures $3.495M -$15.70M $13.59M
YoY Change 24.78% 53.92% -19.4%
Acquisitions
YoY Change
Other Investing Activities $2.804M $300.0K $982.0K
YoY Change 834.67% -96.3% -78.99%
Cash From Investing Activities -$7.274M -$15.40M -$36.06M
YoY Change -10.9% 600.0% 16.49%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $46.12M $918.0K
YoY Change 2732.68% -96.78%
Debt Paid & Issued, Net $4.236M $76.28M
YoY Change -65.38% -16.19%
Cash From Financing Activities -48.36M -43.20M -187.2M
YoY Change 8.2% 3.1% 39.6%
NET CHANGE
Cash From Operating Activities 4.132M 23.70M 332.8M
Cash From Investing Activities -7.274M -15.40M -36.06M
Cash From Financing Activities -48.36M -43.20M -187.2M
Net Change In Cash -64.33M -34.90M 114.7M
YoY Change -464.13% -1225.81% -548.9%
FREE CASH FLOW
Cash From Operating Activities $4.132M $23.70M $332.8M
Capital Expenditures $3.495M -$15.70M $13.59M
Free Cash Flow $637.0K $39.40M $319.2M
YoY Change -99.08% -31.36% 150.51%

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121506000
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3529000
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CY2018 rba Treasury Stock Reissued At Lower Than Repurchase Price Conversion Of Units
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146304000
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ProfitLoss
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ProfitLoss
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66614000
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52694000
CY2017 us-gaap Asset Impairment Charges
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CY2019 us-gaap Stock Option Plan Expense
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8252000
CY2019 us-gaap Deferred Income Tax Expense Benefit
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6239000
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-17268000
CY2019 us-gaap Foreign Currency Transaction Gain Loss Unrealized
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3058000
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ForeignCurrencyTransactionGainLossUnrealized
-951000
CY2017 us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
-254000
CY2019 us-gaap Gain Loss On Sale Of Property Plant Equipment
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1107000
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2731000
CY2017 us-gaap Gain Loss On Sale Of Property Plant Equipment
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1656000
CY2019 us-gaap Amortization Of Financing Costs
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4086000
CY2018 us-gaap Amortization Of Financing Costs
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4995000
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3056000
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4935000
CY2019 rba Amortization Of Right Of Use Assets
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12280000
CY2018 us-gaap Increase Decrease In Operating Capital
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65550000
CY2019 us-gaap Other Operating Activities Cash Flow Statement
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2779000
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-2317000
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-1237000
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332793000
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144280000
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675851000
CY2019 us-gaap Payments To Acquire Property Plant And Equipment
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13589000
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27415000
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CY2019 us-gaap Proceeds From Sale Of Property Held For Sale
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5929000
CY2018 us-gaap Proceeds From Sale Of Property Held For Sale
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10586000
CY2017 us-gaap Proceeds From Sale Of Property Held For Sale
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4985000
CY2018 us-gaap Proceeds From Sale Maturity And Collections Of Investments
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6147000
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4674000
CY2017 us-gaap Payments For Proceeds From Other Investing Activities
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28684000
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3950000
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2322000
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CY2017 us-gaap Net Cash Provided By Used In Financing Activities
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119263000
CY2019 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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5171000
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17150000
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114689000
CY2018 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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CY2017 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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305567000
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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331116000
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758089000
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
420256000
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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305567000
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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331116000
CY2019 us-gaap Nature Of Operations
NatureOfOperations
<p style="font-family:'Times New Roman';font-size:10pt;padding-left:18pt;text-indent:-18pt;margin:0pt 0pt 12pt 0pt;"><b style="font-weight:bold;">1.     General information</b></p><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;">Ritchie Bros. Auctioneers Incorporated and its subsidiaries (collectively referred to as the “Company”) provide global asset management and disposition services, offering customers end-to-end solutions for buying and selling used industrial equipment and other durable assets through its unreserved live on site auctions, online marketplaces, listing services, and private brokerage services. Ritchie Bros. Auctioneers Incorporated is a company incorporated in Canada under the Canada Business Corporations Act, whose shares are publicly traded on the Toronto Stock Exchange (“TSX”) and the New York Stock Exchange (“NYSE”).</p>
CY2019 rba Significant Judgments Estimated And Assumptions
SignificantJudgmentsEstimatedAndAssumptions
<p style="font-family:'Times New Roman';font-size:10pt;padding-left:18pt;text-indent:-18pt;margin:0pt 0pt 12pt 0pt;"><b style="font-weight:bold;">3.     Significant judgments, estimates and assumptions</b></p><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt 0pt 12pt 0pt;">The preparation of financial statements in conformity with US GAAP requires management to make judgments, estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting period.</p><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt 0pt 12pt 0pt;">Future differences arising between actual results and the judgments, estimates and assumptions made by the Company at the reporting date, or future changes to estimates and assumptions, could necessitate adjustments to the underlying reported amounts of assets, liabilities, revenues and expenses in future reporting periods.</p><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;">Judgments, estimates and underlying assumptions are evaluated on an ongoing basis by management, and are based on historical experience and other factors including expectations of future events that are believed to be reasonable under the circumstances. However, existing circumstances and assumptions about future developments may change due to market changes or circumstances and such changes are reflected in the assumptions when they occur. Significant items subject to estimates include purchase price allocations, the carrying amounts of goodwill, the useful lives of long-lived assets, share based compensation, the determination of lease term and lease liabilities, deferred income taxes, reserves for tax uncertainties, and other contingencies.</p>
CY2019 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1
CY2019Q4 us-gaap Goodwill
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672310000
CY2018Q4 us-gaap Goodwill
Goodwill
671594000
CY2019 us-gaap Adjustment For Amortization
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41389000
CY2018 us-gaap Adjustment For Amortization
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37593000
CY2017 us-gaap Adjustment For Amortization
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24357000
CY2019 us-gaap Revenues
Revenues
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Revenues
1170026000
CY2017 us-gaap Revenues
Revenues
971191000
CY2019Q4 us-gaap Property Plant And Equipment Net
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484482000
CY2018Q4 us-gaap Property Plant And Equipment Net
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486599000
CY2019 us-gaap Revenues
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CY2018 us-gaap Revenues
Revenues
1170026000
CY2017 us-gaap Revenues
Revenues
971191000
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70501000
CY2018 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
66614000
CY2017 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
52694000
CY2019 rba Employee Compensation Expense
EmployeeCompensationExpense
246028000
CY2018 rba Employee Compensation Expense
EmployeeCompensationExpense
249115000
CY2017 rba Employee Compensation Expense
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208370000
CY2019 rba Building Facility And Technology Expense
BuildingFacilityAndTechnologyExpense
61177000
CY2018 rba Building Facility And Technology Expense
BuildingFacilityAndTechnologyExpense
60930000
CY2017 rba Building Facility And Technology Expense
BuildingFacilityAndTechnologyExpense
53151000
CY2019 rba Travel Advertising And Promotion Expense
TravelAdvertisingAndPromotionExpense
38248000
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36728000
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30440000
CY2019 us-gaap Professional Fees
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15572000
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16768000
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ProfessionalFees
13522000
CY2019 us-gaap Other Selling General And Administrative Expense
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21364000
CY2018 us-gaap Other Selling General And Administrative Expense
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19135000
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17787000
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323270000
CY2019 us-gaap Business Combination Acquisition Related Costs
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777000
CY2018 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
5093000
CY2017 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
38272000
CY2019 us-gaap Depreciation
Depreciation
29112000
CY2018 us-gaap Depreciation
Depreciation
29021000
CY2017 us-gaap Depreciation
Depreciation
28337000
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4935000
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6147000
CY2018 rba Additional Proceeds After Escrow Conditions
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1020000
CY2018 rba Escrow Release Conditions Period
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P5Y
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CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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190763000
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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152512000
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
77394000
CY2019 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.2700
CY2018 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.2700
CY2017 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.2600
CY2019 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
51506000
CY2018 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
41178000
CY2017 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
20122000
CY2019 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
3705000
CY2018 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
4810000
CY2017 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
5668000
CY2019 us-gaap Income Tax Reconciliation Prior Year Income Taxes
IncomeTaxReconciliationPriorYearIncomeTaxes
4000
CY2018 us-gaap Income Tax Reconciliation Prior Year Income Taxes
IncomeTaxReconciliationPriorYearIncomeTaxes
1323000
CY2017 us-gaap Income Tax Reconciliation Prior Year Income Taxes
IncomeTaxReconciliationPriorYearIncomeTaxes
-528000
CY2019 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
-550000
CY2018 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
-771000
CY2017 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
-1089000
CY2019 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-11818000
CY2018 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-17145000
CY2017 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
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-12269000
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6949000
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4899000
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-9734000
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CurrentForeignTaxExpenseBenefitBeforeOperatingLossCarryforwards
19851000
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8987000
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11770000
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8293000
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3876000
CY2019 us-gaap Current Foreign Tax Expense Benefit
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13045000
CY2018 us-gaap Current Foreign Tax Expense Benefit
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11558000
CY2017 us-gaap Current Foreign Tax Expense Benefit
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5111000
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5727000
CY2018 rba Deferred Foreign Tax Expense Benefit Before Valuation Allowance Adjustments
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2386000
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247000
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105000
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759000
CY2019 us-gaap Deferred Foreign Income Tax Expense Benefit
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5480000
CY2018 us-gaap Deferred Foreign Income Tax Expense Benefit
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2281000
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CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
41623000
CY2018 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
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93000
CY2017 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
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-229000
CY2017 rba Effective Income Tax Rate Reconciliation Change In Estimate Of Deductibility Of Stock Options
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1557000
CY2019 rba Effective Income Tax Rate Reconciliation Change In Unrecognized Tax Benefit
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-2347000
CY2018 rba Effective Income Tax Rate Reconciliation Change In Unrecognized Tax Benefit
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-1800000
CY2017 rba Effective Income Tax Rate Reconciliation Change In Unrecognized Tax Benefit
EffectiveIncomeTaxRateReconciliationChangeInUnrecognizedTaxBenefit
3291000
CY2019 rba Benefit Of Deductible Stock Options Vested And Exercised
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1780000
CY2018 rba Benefit Of Deductible Stock Options Vested And Exercised
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2434000
CY2017 rba Benefit Of Deductible Stock Options Vested And Exercised
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1359000
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-3030000
CY2018 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
853000
CY2017 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-228000
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
41623000
CY2018 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
31006000
CY2017 us-gaap Income Tax Expense Benefit
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2088000
CY2019 us-gaap Current Federal Tax Expense Benefit
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19752000
CY2018 us-gaap Current Federal Tax Expense Benefit
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13209000
CY2017 us-gaap Current Federal Tax Expense Benefit
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14245000
CY2019 us-gaap Deferred Federal Income Tax Expense Benefit
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3346000
CY2018 us-gaap Deferred Federal Income Tax Expense Benefit
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3958000
CY2017 us-gaap Deferred Federal Income Tax Expense Benefit
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-10192000
CY2018 us-gaap Income Tax Expense Benefit
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31006000
CY2017 us-gaap Income Tax Expense Benefit
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2088000
CY2019 us-gaap Foreign Income Tax Expense Benefit Continuing Operations
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108714000
CY2018 us-gaap Foreign Income Tax Expense Benefit Continuing Operations
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102824000
CY2017 us-gaap Foreign Income Tax Expense Benefit Continuing Operations
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64252000
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483430000
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10506000
CY2019 rba Undistributed Earnings Of Subsidiaries And Equity Method Investments
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500430000
CY2018 rba Undistributed Earnings Of Subsidiaries And Equity Method Investments
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484510000
CY2017 rba Undistributed Earnings Of Subsidiaries And Equity Method Investments
UndistributedEarningsOfSubsidiariesAndEquityMethodInvestments
469000000
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13307000
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4703000
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5579000
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6385000
CY2019Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
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5973000
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4923000
CY2019Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
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33248000
CY2018Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
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48881000
CY2019Q4 rba Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Lease Liabilities
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29523000
CY2018Q4 rba Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Lease Liabilities
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2578000
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3088000
CY2018Q4 us-gaap Deferred Tax Assets Other
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12266000
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90718000
CY2018Q4 us-gaap Deferred Tax Assets Gross
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79736000
CY2019Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
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14783000
CY2018Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
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10918000
CY2019Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Goodwill
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8499000
CY2018Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Goodwill
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8390000
CY2019Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
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50531000
CY2018Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
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54810000
CY2019Q4 rba Deferred Tax Liabilities Right Of Use Assets
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25244000
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7496000
CY2018Q4 us-gaap Deferred Tax Liabilities Other
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12051000
CY2019Q4 us-gaap Deferred Income Tax Liabilities
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106553000
CY2018Q4 us-gaap Deferred Income Tax Liabilities
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86169000
CY2019Q4 us-gaap Deferred Tax Assets Valuation Allowance
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12913000
CY2018Q4 us-gaap Deferred Tax Assets Valuation Allowance
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13438000
CY2019Q4 us-gaap Deferred Tax Liabilities
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28748000
CY2018Q4 us-gaap Deferred Tax Liabilities
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19871000
CY2019Q4 rba Operating Loss Carryforwards Expiring In Next Twelve Months
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4983000
CY2019Q4 rba Operating Loss Carryforwards Expiring In Year Two
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3543000
CY2019Q4 rba Operating Loss Carryforwards Expiring In Year Three
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4878000
CY2019Q4 rba Operating Loss Carryforwards Expiring Thereafter
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69462000
CY2019Q4 us-gaap Operating Loss Carryforwards
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85830000
CY2019Q4 us-gaap Tax Credit Carryforward Amount
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23746000
CY2018Q4 us-gaap Tax Credit Carryforward Amount
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22112000
CY2019Q4 us-gaap Unrecognized Tax Benefits
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20232000
CY2018Q4 us-gaap Unrecognized Tax Benefits
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22584000
CY2019Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
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8854000
CY2018Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
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10556000
CY2019 us-gaap Net Income Loss Available To Common Stockholders Basic
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CY2019 us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2018Q4 us-gaap Unrecognized Tax Benefits
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22584000
CY2017Q4 us-gaap Unrecognized Tax Benefits
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25910000
CY2019 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
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700000
CY2018 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
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725000
CY2019 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
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57000
CY2018 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
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107000
CY2019 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
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1268000
CY2018 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
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2644000
CY2019 rba Unrecognized Tax Benefits Settlements And Lapse Of Statute Of Limitations
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4364000
CY2018 rba Unrecognized Tax Benefits Settlements And Lapse Of Statute Of Limitations
UnrecognizedTaxBenefitsSettlementsAndLapseOfStatuteOfLimitations
4944000
CY2019 rba Unrecognized Tax Benefits Or Expenses Decrease Resulting From Foreign Currency Translation
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-101000
CY2018 rba Unrecognized Tax Benefits Or Expenses Decrease Resulting From Foreign Currency Translation
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1644000
CY2019Q4 us-gaap Unrecognized Tax Benefits
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20232000
CY2018Q4 us-gaap Unrecognized Tax Benefits
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22584000
CY2019Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
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3569000
CY2018Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
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4170000
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CY2019 us-gaap Net Income Loss Available To Common Stockholders Diluted
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149039000
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CY2018 us-gaap Net Income Loss Available To Common Stockholders Basic
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121479000
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121479000
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CY2017 us-gaap Net Income Loss Available To Common Stockholders Basic
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75027000
CY2017 us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2017 us-gaap Earnings Per Share Basic
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CY2017 us-gaap Net Income Loss Available To Common Stockholders Diluted
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74875000
CY2017 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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108113151
CY2017 us-gaap Earnings Per Share Diluted
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0.69
CY2019 us-gaap Increase Decrease In Accounts Receivable
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8611000
CY2018 us-gaap Increase Decrease In Accounts Receivable
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43341000
CY2019 us-gaap Property Plant And Equipment Additions
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15282000
CY2017 us-gaap Increase Decrease In Accounts Receivable
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19161000
CY2019 us-gaap Increase Decrease In Inventories
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CY2018 us-gaap Income Taxes Paid Net
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10352000
CY2017 us-gaap Income Taxes Paid Net
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28281000
CY2018 us-gaap Increase Decrease In Inventories
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77292000
CY2017 us-gaap Increase Decrease In Inventories
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8557000
CY2019 rba Increase Decrease In Advances Against Auction Contracts
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CY2018 rba Increase Decrease In Advances Against Auction Contracts
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8266000
CY2017 rba Increase Decrease In Advances Against Auction Contracts
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CY2019 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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3403000
CY2018 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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CY2017 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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CY2019 us-gaap Increase Decrease In Income Taxes Receivable
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445000
CY2018 us-gaap Increase Decrease In Income Taxes Receivable
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CY2017 us-gaap Increase Decrease In Income Taxes Receivable
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6067000
CY2019 rba Increase Decrease In Auction Proceeds Payable
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69382000
CY2018 rba Increase Decrease In Auction Proceeds Payable
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8768000
CY2017 rba Increase Decrease In Auction Proceeds Payable
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25783000
CY2019 us-gaap Increase Decrease In Accounts Payable Trade
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CY2018 us-gaap Increase Decrease In Accounts Payable Trade
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39531000
CY2017 us-gaap Increase Decrease In Accounts Payable Trade
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21854000
CY2019 us-gaap Increase Decrease In Accrued Income Taxes Payable
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5812000
CY2018 us-gaap Increase Decrease In Accrued Income Taxes Payable
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1954000
CY2017 us-gaap Increase Decrease In Accrued Income Taxes Payable
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CY2018 rba Increase Decrease In Share Unit Liability
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1070000
CY2017 rba Increase Decrease In Share Unit Liability
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CY2019 rba Increase Decrease In Operating Lease Obligation
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CY2019 us-gaap Increase Decrease In Other Operating Liabilities
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1168000
CY2018 us-gaap Increase Decrease In Other Operating Liabilities
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CY2017 us-gaap Increase Decrease In Other Operating Liabilities
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1410000
CY2019 us-gaap Increase Decrease In Operating Capital
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CY2018 us-gaap Increase Decrease In Operating Capital
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65550000
CY2017 us-gaap Increase Decrease In Operating Capital
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CY2019 us-gaap Payments For Proceeds From Productive Assets
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35075000
CY2018 us-gaap Payments For Proceeds From Productive Assets
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32426000
CY2017 us-gaap Payments For Proceeds From Productive Assets
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34436000
CY2019 us-gaap Interest Paid Net
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37046000
CY2018 us-gaap Interest Paid Net
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39429000
CY2017 us-gaap Interest Paid Net
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23360000
CY2019 us-gaap Proceeds From Interest Received
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3802000
CY2018 us-gaap Proceeds From Interest Received
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2888000
CY2017 us-gaap Proceeds From Interest Received
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3196000
CY2019 us-gaap Income Taxes Paid Net
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26699000
CY2019 us-gaap Capital Lease Obligations Incurred
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15282000
CY2018 us-gaap Capital Lease Obligations Incurred
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8968000
CY2017 us-gaap Capital Lease Obligations Incurred
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8820000
CY2019 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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29117000
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
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359671000
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
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267910000
CY2019Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
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60585000
CY2018Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
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67823000
CY2017Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
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63206000
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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420256000
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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305567000
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331116000
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CY2018Q4 us-gaap Accounts Receivable Net Current
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129257000
CY2019Q4 us-gaap Allowance For Doubtful Accounts Receivable
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5225000
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4071000
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CY2019 us-gaap Inventory Write Down
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4215000
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1011000
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834000
CY2019Q4 rba Advances Against Auction Contracts
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12925000
CY2018Q4 rba Advances Against Auction Contracts
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15558000
CY2019Q4 us-gaap Assets Held For Sale Not Part Of Disposal Group Current
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15051000
CY2018Q4 us-gaap Assets Held For Sale Not Part Of Disposal Group Current
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15051000
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CY2018Q4 us-gaap Other Assets Current
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49055000
CY2017Q4 us-gaap Assets Held For Sale Not Part Of Disposal Group Current
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584000
CY2018 rba Reclassified Assets Held For Sale
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CY2019Q4 us-gaap Assets Held For Sale Not Part Of Disposal Group Current
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15051000
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339872000
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CY2018Q4 us-gaap Property Plant And Equipment Gross
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CY2018Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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CY2018Q4 us-gaap Property Plant And Equipment Net
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85000
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