2015 Q1 Form 10-Q Financial Statement

#000091260315000047 Filed on April 07, 2015

View on sec.gov

Income Statement

Concept 2015 Q1 2014 Q1
Revenue $437.4M $624.0M
YoY Change -29.9% -5.76%
Cost Of Revenue $406.6M $571.1M
YoY Change -28.8% -4.93%
Gross Profit $30.80M $52.91M
YoY Change -41.78% -13.87%
Gross Profit Margin 7.04% 8.48%
Selling, General & Admin $42.17M $45.86M
YoY Change -8.04% -5.96%
% of Gross Profit 136.91% 86.68%
Research & Development $11.56M $9.720M
YoY Change 18.93% -43.78%
% of Gross Profit 37.53% 18.37%
Depreciation & Amortization $18.00M $20.00M
YoY Change -10.0% -3.38%
% of Gross Profit 58.44% 37.8%
Operating Expenses $42.17M $45.86M
YoY Change -8.04% -5.96%
Operating Profit -$201.0M $7.723M
YoY Change -2702.76% -32.19%
Interest Expense $2.295M $2.816M
YoY Change -18.5% 19.63%
% of Operating Profit 36.46%
Other Income/Expense, Net $1.993M -$142.0K
YoY Change -1503.52% 189.8%
Pretax Income -$201.3M $3.626M
YoY Change -5651.93% -59.65%
Income Tax -$9.673M $986.0K
% Of Pretax Income 27.19%
Net Earnings -$195.6M $1.789M
YoY Change -11035.83% -79.3%
Net Earnings / Revenue -44.72% 0.29%
Basic Earnings Per Share -$7.24 $0.07
Diluted Earnings Per Share -$7.24 $0.07
COMMON SHARES
Basic Shares Outstanding 27.02M shares 26.83M shares
Diluted Shares Outstanding 27.02M shares 26.95M shares

Balance Sheet

Concept 2015 Q1 2014 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $7.600M $20.40M
YoY Change -62.75% -40.87%
Cash & Equivalents $7.601M $20.40M
Short-Term Investments $199.4M
Other Short-Term Assets $24.40M $25.80M
YoY Change -5.43% -35.34%
Inventory $255.9M $252.8M
Prepaid Expenses
Receivables $112.2M $173.9M
Other Receivables $13.00M $5.700M
Total Short-Term Assets $413.2M $478.6M
YoY Change -13.66% -12.18%
LONG-TERM ASSETS
Property, Plant & Equipment $440.9M $537.2M
YoY Change -17.93% -5.24%
Goodwill $176.7M $324.8M
YoY Change -45.59% -49.83%
Intangibles $7.211M $11.15M
YoY Change -35.3% -28.82%
Long-Term Investments $15.40M $14.50M
YoY Change 6.21% -12.12%
Other Assets $17.17M $17.48M
YoY Change -1.79% 9.77%
Total Long-Term Assets $657.4M $905.2M
YoY Change -27.37% -28.3%
TOTAL ASSETS
Total Short-Term Assets $413.2M $478.6M
Total Long-Term Assets $657.4M $905.2M
Total Assets $1.071B $1.384B
YoY Change -22.63% -23.44%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $74.14M $91.77M
YoY Change -19.21% -4.74%
Accrued Expenses $58.90M $58.90M
YoY Change 0.0% 0.0%
Deferred Revenue
YoY Change
Short-Term Debt $600.0K $700.0K
YoY Change -14.29% 0.0%
Long-Term Debt Due $2.400M $10.20M
YoY Change -76.47% 14.61%
Total Short-Term Liabilities $130.6M $152.8M
YoY Change -14.56% -3.38%
LONG-TERM LIABILITIES
Long-Term Debt $312.9M $378.2M
YoY Change -17.27% -5.62%
Other Long-Term Liabilities $14.30M $12.94M
YoY Change 10.47% 11.29%
Total Long-Term Liabilities $14.30M $12.94M
YoY Change 10.47% 11.29%
TOTAL LIABILITIES
Total Short-Term Liabilities $130.6M $152.8M
Total Long-Term Liabilities $14.30M $12.94M
Total Liabilities $525.3M $617.0M
YoY Change -14.87% -12.36%
SHAREHOLDERS EQUITY
Retained Earnings $529.2M $737.3M
YoY Change -28.23% -29.82%
Common Stock $21.30M $13.48M
YoY Change 58.05% 119.64%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $541.1M $761.5M
YoY Change
Total Liabilities & Shareholders Equity $1.071B $1.384B
YoY Change -22.63% -23.44%

Cashflow Statement

Concept 2015 Q1 2014 Q1
OPERATING ACTIVITIES
Net Income -$195.6M $1.789M
YoY Change -11035.83% -79.3%
Depreciation, Depletion And Amortization $18.00M $20.00M
YoY Change -10.0% -3.38%
Cash From Operating Activities $31.90M $19.90M
YoY Change 60.3% 26.75%
INVESTING ACTIVITIES
Capital Expenditures -$6.800M -$6.700M
YoY Change 1.49% -68.25%
Acquisitions
YoY Change
Other Investing Activities $300.0K -$1.500M
YoY Change -120.0% -93.56%
Cash From Investing Activities -$6.500M -$8.200M
YoY Change -20.73% -81.53%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -33.20M -21.60M
YoY Change 53.7% -156.54%
NET CHANGE
Cash From Operating Activities 31.90M 19.90M
Cash From Investing Activities -6.500M -8.200M
Cash From Financing Activities -33.20M -21.60M
Net Change In Cash -7.800M -9.900M
YoY Change -21.21% -204.21%
FREE CASH FLOW
Cash From Operating Activities $31.90M $19.90M
Capital Expenditures -$6.800M -$6.700M
Free Cash Flow $38.70M $26.60M
YoY Change 45.49% -27.72%

Facts In Submission

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CY2015Q1 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
0.074
us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
0.075
CY2014Q1 us-gaap Effective Income Tax Rate Reconciliation Minority Interest Income Expense
EffectiveIncomeTaxRateReconciliationMinorityInterestIncomeExpense
0.023
us-gaap Effective Income Tax Rate Reconciliation Minority Interest Income Expense
EffectiveIncomeTaxRateReconciliationMinorityInterestIncomeExpense
0.011
CY2015Q1 us-gaap Effective Income Tax Rate Reconciliation Minority Interest Income Expense
EffectiveIncomeTaxRateReconciliationMinorityInterestIncomeExpense
0.005
us-gaap Effective Income Tax Rate Reconciliation Minority Interest Income Expense
EffectiveIncomeTaxRateReconciliationMinorityInterestIncomeExpense
0.005
CY2014Q1 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Impairment Losses
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseImpairmentLosses
0.000
us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Impairment Losses
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0.000
CY2015Q1 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Impairment Losses
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseImpairmentLosses
0.028
us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Impairment Losses
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseImpairmentLosses
0.027
CY2014Q1 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.009
us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.004
CY2015Q1 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.006
us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.007
CY2014Q1 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.005
us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
-0.055
CY2015Q1 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
-0.011
us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
-0.011
CY2014Q1 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Research
EffectiveIncomeTaxRateReconciliationTaxCreditsResearch
0.003
us-gaap Effective Income Tax Rate Reconciliation Tax Credits Research
EffectiveIncomeTaxRateReconciliationTaxCreditsResearch
0.003
CY2015Q1 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Research
EffectiveIncomeTaxRateReconciliationTaxCreditsResearch
0.001
us-gaap Effective Income Tax Rate Reconciliation Tax Credits Research
EffectiveIncomeTaxRateReconciliationTaxCreditsResearch
0.001
CY2014Q3 us-gaap Employee Related Liabilities Current
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CY2015Q1 us-gaap Employee Related Liabilities Current
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19343000 USD
us-gaap Equity Method Investment Dividends Or Distributions
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1040000 USD
us-gaap Equity Method Investment Dividends Or Distributions
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325000 USD
us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
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54000 USD
us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
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94000 USD
us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
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54000 USD
us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
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94000 USD
CY2014Q3 us-gaap Financing Receivable Allowance For Credit Losses
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8000000 USD
CY2014Q4 us-gaap Financing Receivable Allowance For Credit Losses
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8000000 USD
CY2014Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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15612000 USD
CY2015Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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6820000 USD
us-gaap Foreign Currency Transaction Gain Loss Unrealized
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us-gaap Foreign Currency Transaction Gain Loss Unrealized
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1610000 USD
us-gaap Gain Loss On Disposition Of Assets
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66000 USD
us-gaap Gain Loss On Disposition Of Assets
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1032000 USD
CY2014Q1 us-gaap Gain Loss On Foreign Currency Derivative Instruments Not Designated As Hedging Instruments
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0 USD
us-gaap Gain Loss On Foreign Currency Derivative Instruments Not Designated As Hedging Instruments
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0 USD
CY2015Q1 us-gaap Gain Loss On Foreign Currency Derivative Instruments Not Designated As Hedging Instruments
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-117000 USD
us-gaap Gain Loss On Foreign Currency Derivative Instruments Not Designated As Hedging Instruments
GainLossOnForeignCurrencyDerivativeInstrumentsNotDesignatedAsHedgingInstruments
-122000 USD
CY2014Q3 us-gaap Goodwill
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CY2015Q1 us-gaap Goodwill
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us-gaap Goodwill Acquired During Period
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201000 USD
CY2014Q3 us-gaap Goodwill Impaired Accumulated Impairment Loss
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321000000 USD
CY2015Q1 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
462000000 USD
CY2014Q1 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2015Q1 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
141021000 USD
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
141021000 USD
us-gaap Goodwill Translation Adjustments
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-8351000 USD
CY2014Q1 us-gaap Impairment Of Long Lived Assets Held For Use
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0 USD
us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0 USD
CY2015Q1 us-gaap Impairment Of Long Lived Assets Held For Use
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41544000 USD
us-gaap Impairment Of Long Lived Assets Held For Use
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41544000 USD
CY2014Q1 us-gaap Impairment Of Long Lived Assets To Be Disposed Of
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928000 USD
us-gaap Impairment Of Long Lived Assets To Be Disposed Of
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928000 USD
CY2015Q1 us-gaap Impairment Of Long Lived Assets To Be Disposed Of
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1549000 USD
us-gaap Impairment Of Long Lived Assets To Be Disposed Of
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1549000 USD
CY2014Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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3626000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-2527000 USD
CY2015Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-205634000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-207227000 USD
CY2014Q1 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
367000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
777000 USD
CY2015Q1 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
609000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
1109000 USD
us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
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777000 USD
us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
1109000 USD
CY2014Q1 us-gaap Income Tax Expense Benefit
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us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
201000 USD
CY2015Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2014Q3 us-gaap Income Taxes Receivable
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1756000 USD
CY2015Q1 us-gaap Income Taxes Receivable
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us-gaap Increase Decrease In Accounts Payable
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1758000 USD
us-gaap Increase Decrease In Accounts Payable
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us-gaap Increase Decrease In Accounts Receivable
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us-gaap Increase Decrease In Accounts Receivable
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us-gaap Increase Decrease In Employee Related Liabilities
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us-gaap Increase Decrease In Employee Related Liabilities
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-12525000 USD
us-gaap Increase Decrease In Income Taxes Receivable
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3284000 USD
us-gaap Increase Decrease In Income Taxes Receivable
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15325000 USD
us-gaap Increase Decrease In Inventories
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7581000 USD
us-gaap Increase Decrease In Inventories
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38404000 USD
us-gaap Increase Decrease In Other Accrued Liabilities
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-115000 USD
us-gaap Increase Decrease In Other Accrued Liabilities
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-4382000 USD
us-gaap Increase Decrease In Other Operating Liabilities
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-198000 USD
us-gaap Increase Decrease In Other Operating Liabilities
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638000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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-1464000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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CY2014Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
122000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2015Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2014Q3 us-gaap Intangible Assets Net Excluding Goodwill
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CY2014Q1 us-gaap Interest Expense
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us-gaap Interest Expense
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CY2015Q1 us-gaap Interest Expense
InterestExpense
2345000 USD
us-gaap Interest Expense
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65123000 USD
CY2014Q3 us-gaap Inventory Net
InventoryNet
216172000 USD
CY2015Q1 us-gaap Inventory Net
InventoryNet
255931000 USD
CY2015Q1 us-gaap Inventory Supplies Net Of Reserves
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39051000 USD
CY2014Q3 us-gaap Inventory Work In Process
InventoryWorkInProcess
12920000 USD
CY2015Q1 us-gaap Inventory Work In Process
InventoryWorkInProcess
7764000 USD
us-gaap Inventory Write Down
InventoryWriteDown
0 USD
us-gaap Inventory Write Down
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3031000 USD
CY2014Q3 us-gaap Inventory Raw Materials
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CY2015Q1 us-gaap Inventory Raw Materials
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143993000 USD
CY2014Q3 us-gaap Inventory Supplies Net Of Reserves
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37336000 USD
CY2014Q3 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
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14624000 USD
CY2015Q1 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
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15409000 USD
CY2014Q3 us-gaap Liabilities
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CY2015Q1 us-gaap Liabilities
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us-gaap Operating Income Loss
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36903000 USD
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us-gaap Other Asset Impairment Charges
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928000 USD
CY2015Q1 us-gaap Other Asset Impairment Charges
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CY2014Q3 us-gaap Liabilities And Stockholders Equity
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CY2015Q1 us-gaap Liabilities And Stockholders Equity
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CY2014Q3 us-gaap Liabilities Current
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177270000 USD
CY2015Q1 us-gaap Liabilities Current
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130566000 USD
CY2014Q3 us-gaap Long Term Debt And Capital Lease Obligations
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318842000 USD
CY2015Q1 us-gaap Long Term Debt And Capital Lease Obligations
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312902000 USD
CY2014Q3 us-gaap Minority Interest
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CY2015Q1 us-gaap Minority Interest
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us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
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1072000 USD
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
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1585000 USD
us-gaap Net Cash Provided By Used In Financing Activities
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us-gaap Net Cash Provided By Used In Financing Activities
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us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
45698000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
15849000 USD
CY2014Q1 us-gaap Net Income Loss
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us-gaap Net Income Loss
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CY2015Q1 us-gaap Net Income Loss
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us-gaap Net Income Loss
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CY2014Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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us-gaap Net Income Loss Attributable To Noncontrolling Interest
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CY2015Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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us-gaap Net Income Loss Attributable To Noncontrolling Interest
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631000 USD
CY2014Q3 us-gaap Nonfinancial Liabilities Fair Value Disclosure
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46000 USD
CY2015Q1 us-gaap Nonfinancial Liabilities Fair Value Disclosure
NonfinancialLiabilitiesFairValueDisclosure
3653000 USD
us-gaap Number Of Operating Segments
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us-gaap Number Of Reportable Segments
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3 segments
CY2014Q1 us-gaap Operating Income Loss
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6584000 USD
us-gaap Operating Income Loss
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CY2015Q1 us-gaap Operating Income Loss
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us-gaap Other Asset Impairment Charges
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CY2014Q3 us-gaap Other Assets Noncurrent
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CY2015Q1 us-gaap Other Assets Noncurrent
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17170000 USD
CY2014Q1 us-gaap Other Comprehensive Income Loss Before Reclassifications Before Tax
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us-gaap Other Comprehensive Income Loss Before Reclassifications Before Tax
OtherComprehensiveIncomeLossBeforeReclassificationsBeforeTax
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CY2015Q1 us-gaap Other Comprehensive Income Loss Before Reclassifications Before Tax
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us-gaap Other Comprehensive Income Loss Before Reclassifications Before Tax
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CY2014Q1 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
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us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
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CY2015Q1 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
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us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
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CY2014Q1 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
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us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
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CY2015Q1 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
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us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
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CY2014Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
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us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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CY2015Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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CY2014Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
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us-gaap Other Comprehensive Income Loss Net Of Tax
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CY2015Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
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us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
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CY2014Q1 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
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us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
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CY2015Q1 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
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-23000 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
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CY2014Q3 us-gaap Other Liabilities Noncurrent
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CY2015Q1 us-gaap Other Liabilities Noncurrent
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14295000 USD
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us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
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CY2015Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
1620000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
2372000 USD
us-gaap Payments Of Dividends Common Stock
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us-gaap Payments Of Dividends Common Stock
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us-gaap Payments Of Dividends Minority Interest
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1072000 USD
us-gaap Payments Of Dividends Minority Interest
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1585000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
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676000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
1360000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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2160000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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150000 USD
us-gaap Payments To Acquire Productive Assets
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21064000 USD
us-gaap Payments To Acquire Productive Assets
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16828000 USD
CY2014Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
1
CY2015Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
1
CY2014Q3 us-gaap Preferred Stock Shares Authorized
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20000000 shares
CY2015Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
20000000 shares
CY2014Q3 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2015Q1 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2014Q3 us-gaap Preferred Stock Value
PreferredStockValue
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CY2015Q1 us-gaap Preferred Stock Value
PreferredStockValue
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CY2014Q3 us-gaap Prepaid Expense And Other Assets Current
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24108000 USD
CY2015Q1 us-gaap Prepaid Expense And Other Assets Current
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18747000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
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185027000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
109694000 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
257500000 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
145000000 USD
us-gaap Proceeds From Sales Of Assets Investing Activities
ProceedsFromSalesOfAssetsInvestingActivities
635000 USD
us-gaap Proceeds From Sales Of Assets Investing Activities
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1358000 USD
CY2014Q3 us-gaap Stockholders Equity
StockholdersEquity
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CY2015Q1 us-gaap Stockholders Equity
StockholdersEquity
541100000 USD
CY2013Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
781199000 USD
CY2014Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
766777000 USD
us-gaap Selling General And Administrative Expense
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93406000 USD
CY2015Q1 us-gaap Selling General And Administrative Expense
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42737000 USD
us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
0 USD
us-gaap Selling General And Administrative Expense
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88103000 USD
us-gaap Share Based Compensation
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7180000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
4300000 USD
us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
240000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
240000 USD
us-gaap Proceeds From Stock Options Exercised
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0 USD
CY2014Q1 us-gaap Profit Loss
ProfitLoss
2640000 USD
us-gaap Profit Loss
ProfitLoss
-2728000 USD
CY2015Q1 us-gaap Profit Loss
ProfitLoss
-195882000 USD
us-gaap Profit Loss
ProfitLoss
-197484000 USD
CY2014Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
523433000 USD
CY2015Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
440874000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
400000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
-67000 USD
CY2014Q1 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Before Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodBeforeTax
-71000 USD
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Before Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodBeforeTax
-238000 USD
CY2015Q1 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Before Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodBeforeTax
-891000 USD
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Before Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodBeforeTax
-1441000 USD
CY2014Q1 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-45000 USD
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-210000 USD
CY2015Q1 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-662000 USD
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-1074000 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
266000000 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
145000000 USD
us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
180477000 USD
us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
114965000 USD
us-gaap Restructuring And Related Cost Cost Incurred To Date
RestructuringAndRelatedCostCostIncurredToDate
21961000 USD
us-gaap Restructuring And Related Cost Expected Cost
RestructuringAndRelatedCostExpectedCost
31200000 USD
CY2014Q1 us-gaap Restructuring Charges
RestructuringCharges
1440000 USD
us-gaap Restructuring Charges
RestructuringCharges
3253000 USD
CY2015Q1 us-gaap Restructuring Charges
RestructuringCharges
2019000 USD
us-gaap Restructuring Charges
RestructuringCharges
2642000 USD
CY2014Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
737571000 USD
CY2015Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
529158000 USD
CY2014Q1 us-gaap Sales Revenue Net
SalesRevenueNet
626147000 USD
us-gaap Sales Revenue Net
SalesRevenueNet
1213891000 USD
CY2015Q1 us-gaap Sales Revenue Net
SalesRevenueNet
439232000 USD
us-gaap Sales Revenue Net
SalesRevenueNet
994822000 USD
CY2014Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
45856000 USD
CY2014Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
775977000 USD
CY2015Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
545339000 USD
CY2015Q1 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
42000000 USD
us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
42000000 USD
CY2014Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
26947000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
26790000 shares
CY2015Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
27020000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
26982000 shares
CY2014Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
26825000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
26790000 shares
CY2015Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
27020000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
26982000 shares
us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Concentration of Credit Risk</font></div><div style="line-height:120%;padding-bottom:12px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Financial instruments that potentially subject the Company to significant concentration of credit risk consist primarily of cash and cash equivalents, accounts receivable, notes and other contractual receivables and derivative financial instruments. The majority of cash and cash equivalents are maintained with two major financial institutions (Bank of America and Wells Fargo Bank, N.A.). Balances with these institutions exceeded the Federal Deposit Insurance Corporation insured amount of </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;">$250,000</font><font style="font-family:inherit;font-size:10pt;"> as of </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;">February&#160;28, 2015</font><font style="font-family:inherit;font-size:10pt;">. Concentration of credit risk with respect to accounts receivable is limited because a large number of geographically diverse customers make up the Company&#8217;s customer base. The Company controls credit risk through credit approvals, credit limits, credit insurance, letters of credit or other collateral, cash deposits and monitoring procedures. The Company is exposed to a residual credit risk with respect to open letters of credit by virtue of the possibility of the failure of a bank providing a letter of credit. The Company had </font><font style="font-family:inherit;font-size:10pt;">$24 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$74 million</font><font style="font-family:inherit;font-size:10pt;"> of open letters of credit relating to accounts receivable as of </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;">February&#160;28, 2015</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;">August&#160;31, 2014</font><font style="font-family:inherit;font-size:10pt;">, respectively. The counterparties to the Company's derivative financial instruments are major financial institutions.</font></div></div>
us-gaap Description Of New Accounting Pronouncements Not Yet Adopted
DescriptionOfNewAccountingPronouncementsNotYetAdopted
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Recent Accounting Pronouncements</font></div><div style="line-height:120%;padding-bottom:12px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In April 2014, an accounting standard update was issued that amends the requirements for reporting discontinued operations, which may include a component of an entity or a group of components of an entity. The amendments limit discontinued operations reporting to disposals of components of an entity that represent strategic shifts that have, or will have, a major effect on an entity's operations and financial results. The amendments require expanded disclosure about the assets, liabilities, revenues and expenses of discontinued operations. Further, the amendments require an entity to disclose the pretax profit or loss of an individually significant component that is being disposed of that does not qualify for discontinued operations reporting. The standard is applicable to the Company and is to be applied prospectively to all disposals or classifications as held for sale of components that occur beginning in the first quarter of fiscal 2016, and interim periods within that fiscal year, and all businesses that, on acquisition, are classified as held for sale that occur beginning in the first quarter of fiscal 2016, and interim periods within that fiscal year. Upon adoption, the standard will impact how the Company assesses and reports discontinued operations.</font></div><div style="line-height:120%;padding-bottom:12px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In May 2014, an accounting standard update was issued that clarifies the principles for recognizing revenue. The guidance is applicable to all contracts with customers regardless of industry-specific or transaction-specific fact patterns. Further, the guidance requires improved disclosures to help users of financial statements better understand the nature, amount, timing, and uncertainty of revenue that is recognized. The standard is effective for the Company beginning in the first quarter of fiscal 2018, including interim periods within that fiscal year. Early application is not permitted. Upon becoming effective, the Company will apply the amendments in the updated standard either retrospectively to each prior reporting period presented, or retrospectively with the cumulative effect of initially applying the guidance recognized at the date of initial application. The Company is evaluating the impact of adopting this standard on its consolidated financial position, results of operations and cash flows.</font></div></div>

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