2018 Q3 Form 10-K Financial Statement

#000091260318000078 Filed on October 24, 2018

View on sec.gov

Income Statement

Concept 2018 Q3 2018 Q2 2018 Q1
Revenue $669.6M $652.4M $559.4M
YoY Change 35.47% 36.75% 46.42%
Cost Of Revenue $582.6M $549.2M $472.5M
YoY Change 35.27% 33.58% 44.57%
Gross Profit $86.97M $103.3M $86.98M
YoY Change 36.84% 56.49% 57.35%
Gross Profit Margin 12.99% 15.83% 15.55%
Selling, General & Admin $50.00M $54.19M $53.64M
YoY Change 19.62% 11.83% 22.4%
% of Gross Profit 57.49% 52.48% 61.67%
Research & Development $26.80M $26.32M $22.85M
YoY Change 27.62% 33.94% 17.0%
% of Gross Profit 30.82% 25.49% 26.27%
Depreciation & Amortization $12.70M $12.30M $12.20M
YoY Change 3.25% -0.81% -3.17%
% of Gross Profit 14.6% 11.91% 14.03%
Operating Expenses $50.00M $54.19M $53.64M
YoY Change 19.33% 11.83% 22.4%
Operating Profit $37.97M $51.23M $33.36M
YoY Change 71.76% 167.58% 135.4%
Interest Expense -$1.600M $2.483M $2.281M
YoY Change -5.88% 16.52% 8.77%
% of Operating Profit -4.21% 4.85% 6.84%
Other Income/Expense, Net $500.0K $403.0K $101.0K
YoY Change -183.33% -23.09% -71.71%
Pretax Income $36.30M $49.15M $31.18M
YoY Change 87.11% 180.24% 150.81%
Income Tax $6.400M $10.65M -$10.58M
% Of Pretax Income 17.63% 21.67% -33.92%
Net Earnings $59.67M $37.40M $41.02M
YoY Change 227.22% 125.79% 271.62%
Net Earnings / Revenue 8.91% 5.73% 7.33%
Basic Earnings Per Share $2.18 $1.35 $1.48
Diluted Earnings Per Share $2.09 $1.31 $1.42
COMMON SHARES
Basic Shares Outstanding 27.68M shares 27.80M shares
Diluted Shares Outstanding 28.64M shares 28.81M shares

Balance Sheet

Concept 2018 Q3 2018 Q2 2018 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $4.700M $10.10M $15.00M
YoY Change -35.62% -33.55% 53.06%
Cash & Equivalents $4.723M $10.09M $15.01M
Short-Term Investments $172.1M $179.7M $179.5M
Other Short-Term Assets $63.70M $38.30M $27.00M
YoY Change 184.38% 62.29% 45.95%
Inventory $205.9M $234.4M $221.9M
Prepaid Expenses
Receivables $164.0M $190.2M $194.3M
Other Receivables $4.700M $3.700M $1.800M
Total Short-Term Assets $448.4M $476.7M $460.1M
YoY Change 32.67% 42.62% 38.78%
LONG-TERM ASSETS
Property, Plant & Equipment $415.7M $393.4M $386.7M
YoY Change 6.42% 2.76% 0.47%
Goodwill $168.1M $168.2M $168.4M
YoY Change 0.14% 1.16% 1.11%
Intangibles $4.358M $4.507M $4.669M
YoY Change -1.49% -2.0% -2.3%
Long-Term Investments $11.50M $11.60M $11.50M
YoY Change 2.68% -13.43% -12.21%
Other Assets $26.46M $22.83M $20.45M
YoY Change 21.86% 14.85% 3.8%
Total Long-Term Assets $656.5M $600.5M $591.6M
YoY Change 10.18% 2.32% 0.46%
TOTAL ASSETS
Total Short-Term Assets $448.4M $476.7M $460.1M
Total Long-Term Assets $656.5M $600.5M $591.6M
Total Assets $1.105B $1.077B $1.052B
YoY Change 18.32% 16.94% 14.26%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $128.5M $118.1M $106.6M
YoY Change 35.72% 70.14% 46.73%
Accrued Expenses $118.4M $90.90M $75.30M
YoY Change 50.25% 24.52% 24.67%
Deferred Revenue
YoY Change
Short-Term Debt $1.100M $1.100M $800.0K
YoY Change 57.14% 83.33% 14.29%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $254.7M $216.8M $190.3M
YoY Change 44.49% 49.56% 40.95%
LONG-TERM LIABILITIES
Long-Term Debt $106.2M $171.5M $210.0M
YoY Change -26.45% -6.69% 0.57%
Other Long-Term Liabilities $14.90M $13.24M $11.61M
YoY Change 48.11% 31.97% 13.58%
Total Long-Term Liabilities $14.90M $13.24M $11.61M
YoY Change 48.11% 31.97% 13.58%
TOTAL LIABILITIES
Total Short-Term Liabilities $254.7M $216.8M $190.3M
Total Long-Term Liabilities $14.90M $13.24M $11.61M
Total Liabilities $434.7M $457.7M $464.6M
YoY Change 9.7% 13.39% 11.21%
SHAREHOLDERS EQUITY
Retained Earnings $639.7M $585.1M $553.0M
YoY Change 26.98% 19.23% 15.34%
Common Stock $36.93M $40.17M $39.61M
YoY Change -2.95% 9.81% 20.15%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $666.1M $615.0M $582.7M
YoY Change
Total Liabilities & Shareholders Equity $1.105B $1.077B $1.052B
YoY Change 18.32% 16.94% 14.26%

Cashflow Statement

Concept 2018 Q3 2018 Q2 2018 Q1
OPERATING ACTIVITIES
Net Income $59.67M $37.40M $41.02M
YoY Change 227.22% 125.79% 271.62%
Depreciation, Depletion And Amortization $12.70M $12.30M $12.20M
YoY Change 3.25% -0.81% -3.17%
Cash From Operating Activities $106.1M $64.20M $5.000M
YoY Change 116.09% 42.35% 1566.67%
INVESTING ACTIVITIES
Capital Expenditures -$31.50M -$19.30M -$11.60M
YoY Change 135.07% 93.0% 6.42%
Acquisitions
YoY Change
Other Investing Activities $3.100M $1.800M -$2.200M
YoY Change 24.0% 50.0% -47.62%
Cash From Investing Activities -$28.40M -$17.60M -$13.80M
YoY Change 160.55% 100.0% -8.61%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -82.60M -51.50M 14.90M
YoY Change 77.25% 67.75% -9.7%
NET CHANGE
Cash From Operating Activities 106.1M 64.20M 5.000M
Cash From Investing Activities -28.40M -17.60M -13.80M
Cash From Financing Activities -82.60M -51.50M 14.90M
Net Change In Cash -4.900M -4.900M 6.100M
YoY Change -41.67% -187.5% 258.82%
FREE CASH FLOW
Cash From Operating Activities $106.1M $64.20M $5.000M
Capital Expenditures -$31.50M -$19.30M -$11.60M
Free Cash Flow $137.6M $83.50M $16.60M
YoY Change 120.16% 51.54% 48.21%

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180000 USD
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190000 USD
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507000 USD
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54000 USD
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4000000 USD
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54630000 USD
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0.000
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0.000
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0.018
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0.004
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-0.024
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0.015
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46410000 USD
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48690000 USD
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141853000 USD
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4819000 USD
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560000 USD
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3638000 USD
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1150000 USD
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0.50
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3913000 USD
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3476000 USD
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1491000 USD
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443000 USD
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293000 USD
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350000 USD
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350000 USD
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350000 USD
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3277000 USD
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109000 USD
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104000 USD
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465000 USD
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-448000 USD
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-56000 USD
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471000000 USD
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471000000 USD
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8845000 USD
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8845000 USD
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0 USD
CY2017 us-gaap Goodwill Impairment Loss
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0 USD
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0 USD
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44901000 USD
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156105000 USD
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43871000 USD
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10335000 USD
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47368000 USD
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159443000 USD
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-0.66
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1.63
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5.65
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-0.66
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1.60
CY2018 us-gaap Income Loss From Continuing Operations Per Diluted Share
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5.46
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-1348000 USD
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-53000 USD
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-95000 USD
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-127000 USD
CY2017Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax
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-114000 USD
CY2017 us-gaap Income Loss From Discontinued Operations Net Of Tax
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-390000 USD
CY2017Q4 us-gaap Income Loss From Discontinued Operations Net Of Tax
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-35000 USD
CY2018Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax
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164000 USD
CY2018Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax
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-56000 USD
CY2018Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax
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273000 USD
CY2018 us-gaap Income Loss From Discontinued Operations Net Of Tax
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346000 USD
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-0.05
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-0.01
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0.01
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-0.05
CY2017 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
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-0.01
CY2018 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.01
CY2016 us-gaap Income Loss From Equity Method Investments
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819000 USD
CY2017 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
3674000 USD
CY2018 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
1953000 USD
CY2016 us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
819000 USD
CY2017 us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
3674000 USD
CY2018 us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
1953000 USD
CY2016 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
735000 USD
CY2017 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1322000 USD
CY2018 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-17590000 USD
CY2016 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
-5691000 USD
CY2017 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
148000 USD
CY2018 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
17203000 USD
CY2017Q3 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
2366000 USD
CY2018Q3 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
4668000 USD
CY2016 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-763000 USD
CY2017 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
33062000 USD
CY2018 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
26049000 USD
CY2016 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
10693000 USD
CY2017 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
36195000 USD
CY2018 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
44941000 USD
CY2016 us-gaap Increase Decrease In Employee Related Liabilities
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3633000 USD
CY2017 us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
12389000 USD
CY2018 us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
4889000 USD
CY2016 us-gaap Increase Decrease In Income Taxes Receivable
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-5861000 USD
CY2017 us-gaap Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
1086000 USD
CY2018 us-gaap Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
1755000 USD
CY2016 us-gaap Increase Decrease In Inventories
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-27504000 USD
CY2017 us-gaap Increase Decrease In Inventories
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22207000 USD
CY2018 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
24280000 USD
CY2016 us-gaap Increase Decrease In Other Accrued Liabilities
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-4362000 USD
CY2017 us-gaap Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
5073000 USD
CY2018 us-gaap Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
6066000 USD
CY2016 us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
-266000 USD
CY2017 us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
-537000 USD
CY2018 us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
1620000 USD
CY2016 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
30000 USD
CY2017 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-1101000 USD
CY2018 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
4404000 USD
CY2016 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
1864000 USD
CY2017 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
1704000 USD
CY2018 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
109000 USD
CY2016 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2017 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
604000 shares
CY2018 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
944000 shares
CY2017Q3 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
1081000 USD
CY2018Q3 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
1081000 USD
CY2017Q3 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
8337000 USD
CY2018Q3 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
7834000 USD
CY2018Q3 us-gaap Inventory Net
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205877000 USD
CY2017Q3 us-gaap Intangible Assets Net Excluding Goodwill
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4424000 USD
CY2018Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
4358000 USD
CY2016 us-gaap Interest Expense
InterestExpense
8889000 USD
CY2017 us-gaap Interest Expense
InterestExpense
8081000 USD
CY2018 us-gaap Interest Expense
InterestExpense
8983000 USD
CY2016 us-gaap Interest Paid
InterestPaid
6077000 USD
CY2017 us-gaap Interest Paid
InterestPaid
7016000 USD
CY2018 us-gaap Interest Paid
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8113000 USD
CY2017Q3 us-gaap Inventory Finished Goods
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40462000 USD
CY2018Q3 us-gaap Inventory Finished Goods
InventoryFinishedGoods
39809000 USD
CY2017Q3 us-gaap Inventory Net
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166942000 USD
CY2017Q3 us-gaap Inventory Raw Materials
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88441000 USD
CY2018Q3 us-gaap Inventory Raw Materials
InventoryRawMaterials
111658000 USD
CY2017Q3 us-gaap Inventory Supplies Net Of Reserves
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34796000 USD
CY2018Q3 us-gaap Inventory Supplies Net Of Reserves
InventorySuppliesNetOfReserves
38859000 USD
CY2017Q3 us-gaap Inventory Work In Process
InventoryWorkInProcess
3243000 USD
CY2018Q3 us-gaap Inventory Work In Process
InventoryWorkInProcess
15551000 USD
CY2016 us-gaap Inventory Write Down
InventoryWriteDown
710000 USD
CY2017 us-gaap Inventory Write Down
InventoryWriteDown
0 USD
CY2018 us-gaap Inventory Write Down
InventoryWriteDown
38000 USD
CY2017Q3 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
11204000 USD
CY2018Q3 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
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11532000 USD
CY2017Q3 us-gaap Liabilities
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396262000 USD
CY2018Q3 us-gaap Liabilities
Liabilities
434707000 USD
CY2017Q3 us-gaap Liabilities And Stockholders Equity
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933755000 USD
CY2018Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1104817000 USD
CY2017Q3 us-gaap Liabilities Current
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176260000 USD
CY2018Q3 us-gaap Liabilities Current
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254677000 USD
CY2018Q3 us-gaap Long Term Debt
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100589000 USD
CY2017Q3 us-gaap Long Term Debt And Capital Lease Obligations
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144403000 USD
CY2018Q3 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
106237000 USD
CY2017Q3 us-gaap Long Term Debt And Capital Lease Obligations Current
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721000 USD
CY2018Q3 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
1139000 USD
CY2017Q3 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
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145124000 USD
CY2018Q3 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities
107376000 USD
CY2018Q3 us-gaap Long Term Debt And Capital Lease Obligations Maturities Repayments Of Principal After Year Five
LongTermDebtAndCapitalLeaseObligationsMaturitiesRepaymentsOfPrincipalAfterYearFive
1892000 USD
CY2018Q3 us-gaap Long Term Debt And Capital Lease Obligations Maturities Repayments Of Principal In Year Five
LongTermDebtAndCapitalLeaseObligationsMaturitiesRepaymentsOfPrincipalInYearFive
101358000 USD
CY2018Q3 us-gaap Long Term Debt And Capital Lease Obligations Maturities Repayments Of Principal In Year Four
LongTermDebtAndCapitalLeaseObligationsMaturitiesRepaymentsOfPrincipalInYearFour
1480000 USD
CY2018Q3 us-gaap Long Term Debt And Capital Lease Obligations Maturities Repayments Of Principal In Year Three
LongTermDebtAndCapitalLeaseObligationsMaturitiesRepaymentsOfPrincipalInYearThree
1576000 USD
CY2018Q3 us-gaap Long Term Debt And Capital Lease Obligations Maturities Repayments Of Principal In Year Two
LongTermDebtAndCapitalLeaseObligationsMaturitiesRepaymentsOfPrincipalInYearTwo
1802000 USD
CY2018Q3 us-gaap Long Term Debt And Capital Lease Obligations Repayments Of Principal In Next Twelve Months
LongTermDebtAndCapitalLeaseObligationsRepaymentsOfPrincipalInNextTwelveMonths
1830000 USD
CY2018Q3 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
249000 USD
CY2018Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
98000 USD
CY2018Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
100054000 USD
CY2018Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
50000 USD
CY2018Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
48000 USD
CY2018Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
90000 USD
CY2017Q3 us-gaap Loss Contingency Receivable
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8000000 USD
CY2018Q3 us-gaap Loss Contingency Receivable
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36000000 USD
CY2017Q3 us-gaap Minority Interest
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3907000 USD
CY2018Q3 us-gaap Minority Interest
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4032000 USD
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2126000 USD
CY2017 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
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2271000 USD
CY2018 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
2796000 USD
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CY2017 us-gaap Net Cash Provided By Used In Financing Activities
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CY2018 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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CY2016 us-gaap Net Cash Provided By Used In Investing Activities
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-30476000 USD
CY2017 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-45394000 USD
CY2018 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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CY2016 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
99240000 USD
CY2017 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
100370000 USD
CY2018 us-gaap Net Cash Provided By Used In Operating Activities
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159676000 USD
CY2016 us-gaap Net Income Loss
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-19409000 USD
CY2016Q4 us-gaap Net Income Loss
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-1326000 USD
CY2017Q1 us-gaap Net Income Loss
NetIncomeLoss
11037000 USD
CY2017Q2 us-gaap Net Income Loss
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16565000 USD
CY2017Q3 us-gaap Net Income Loss
NetIncomeLoss
18235000 USD
CY2017 us-gaap Net Income Loss
NetIncomeLoss
44511000 USD
CY2017Q4 us-gaap Net Income Loss
NetIncomeLoss
18364000 USD
CY2018Q1 us-gaap Net Income Loss
NetIncomeLoss
41016000 USD
CY2018Q2 us-gaap Net Income Loss
NetIncomeLoss
37402000 USD
CY2018Q3 us-gaap Net Income Loss
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59669000 USD
CY2018 us-gaap Net Income Loss
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156451000 USD
CY2016 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
1821000 USD
CY2017 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
2467000 USD
CY2018 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
3338000 USD
CY2016 us-gaap Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest
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-17588000 USD
CY2017 us-gaap Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest
46978000 USD
CY2018 us-gaap Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest
159789000 USD
us-gaap Number Of Operating Segments
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2 segment
CY2018 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
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OperatingIncomeLoss
-7842000 USD
CY2016Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
587000 USD
CY2017Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
14171000 USD
CY2017Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
19147000 USD
CY2017Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
22108000 USD
CY2017 us-gaap Operating Income Loss
OperatingIncomeLoss
56013000 USD
CY2017Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
26423000 USD
CY2018Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
33358000 USD
CY2018Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
51234000 USD
CY2018Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
37973000 USD
CY2018 us-gaap Operating Income Loss
OperatingIncomeLoss
148988000 USD
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91022000 USD
CY2018Q3 us-gaap Operating Leases Future Minimum Payments Due Current
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21004000 USD
CY2018Q3 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
8170000 USD
CY2018Q3 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
10453000 USD
CY2018Q3 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
13219000 USD
CY2018Q3 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
18741000 USD
CY2018Q3 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
19435000 USD
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24000000 USD
CY2017 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
25000000 USD
CY2018 us-gaap Operating Leases Rent Expense Net
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27000000 USD
CY2017Q3 us-gaap Other Accrued Liabilities Current
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37256000 USD
CY2018Q3 us-gaap Other Accrued Liabilities Current
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71951000 USD
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OtherAssetsNoncurrent
21713000 USD
CY2018Q3 us-gaap Other Assets Noncurrent
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26459000 USD
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-2669000 USD
CY2017 us-gaap Other Comprehensive Income Loss Before Reclassifications Before Tax
OtherComprehensiveIncomeLossBeforeReclassificationsBeforeTax
4188000 USD
CY2018 us-gaap Other Comprehensive Income Loss Before Reclassifications Before Tax
OtherComprehensiveIncomeLossBeforeReclassificationsBeforeTax
-2237000 USD
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-2502000 USD
CY2017 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
3994000 USD
CY2018 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
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CY2016 us-gaap Other Comprehensive Income Loss Before Reclassifications Tax
OtherComprehensiveIncomeLossBeforeReclassificationsTax
-167000 USD
CY2017 us-gaap Other Comprehensive Income Loss Before Reclassifications Tax
OtherComprehensiveIncomeLossBeforeReclassificationsTax
194000 USD
CY2018 us-gaap Other Comprehensive Income Loss Before Reclassifications Tax
OtherComprehensiveIncomeLossBeforeReclassificationsTax
-172000 USD
CY2016 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
240000 USD
CY2017 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
0 USD
CY2018 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
0 USD
CY2016 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-530000 USD
CY2017 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
2711000 USD
CY2018 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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-2301000 USD
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-1593000 USD
CY2017 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
4822000 USD
CY2018 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-1944000 USD
CY2016 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
1303000 USD
CY2017 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-2111000 USD
CY2018 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-357000 USD
CY2017Q3 us-gaap Other Liabilities Noncurrent
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10061000 USD
CY2018Q3 us-gaap Other Liabilities Noncurrent
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14901000 USD
CY2017Q3 us-gaap Other Long Term Debt
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706000 USD
CY2018Q3 us-gaap Other Long Term Debt
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589000 USD
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1226000 USD
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758000 USD
CY2018 us-gaap Other Nonoperating Income Expense
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1848000 USD
CY2016 us-gaap Payments For Repurchase Of Common Stock
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3479000 USD
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0 USD
CY2018 us-gaap Payments For Repurchase Of Common Stock
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17361000 USD
CY2016 us-gaap Payments Of Dividends Common Stock
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20444000 USD
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20396000 USD
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20736000 USD
CY2016 us-gaap Payments Of Dividends Minority Interest
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2126000 USD
CY2017 us-gaap Payments Of Dividends Minority Interest
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2271000 USD
CY2018 us-gaap Payments Of Dividends Minority Interest
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2796000 USD
CY2016 us-gaap Payments Of Financing Costs
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1011000 USD
CY2018 us-gaap Reclassification From Aoci Current Period Tax
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-415000 USD
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112000 USD
CY2018 us-gaap Payments Of Financing Costs
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2590000 USD
CY2016 us-gaap Payments Related To Tax Withholding For Share Based Compensation
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2213000 USD
CY2017 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
3474000 USD
CY2018 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
3082000 USD
CY2016 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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0 USD
CY2017 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 USD
CY2018 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
2300000 USD
CY2016 us-gaap Payments To Acquire Productive Assets
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34571000 USD
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44940000 USD
CY2018 us-gaap Payments To Acquire Productive Assets
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77626000 USD
CY2017Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
1
CY2018Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
1
CY2017Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
20000000 shares
CY2018Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
20000000 shares
CY2017Q3 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2018Q3 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2017Q3 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2018Q3 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2017Q3 us-gaap Prepaid Expense And Other Assets Current
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22357000 USD
CY2018Q3 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
63673000 USD
CY2017Q3 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
9000000 USD
CY2018Q3 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
22000000 USD
CY2016 us-gaap Proceeds From Issuance Of Long Term Debt
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152311000 USD
CY2017 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
433336000 USD
CY2018 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
515480000 USD
CY2016 us-gaap Proceeds From Lines Of Credit
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135500000 USD
CY2017 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
0 USD
CY2018 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
0 USD
CY2016 us-gaap Proceeds From Sales Of Assets Investing Activities
ProceedsFromSalesOfAssetsInvestingActivities
4106000 USD
CY2017 us-gaap Proceeds From Sales Of Assets Investing Activities
ProceedsFromSalesOfAssetsInvestingActivities
5158000 USD
CY2018 us-gaap Proceeds From Sales Of Assets Investing Activities
ProceedsFromSalesOfAssetsInvestingActivities
6517000 USD
CY2016 us-gaap Profit Loss
ProfitLoss
-17588000 USD
CY2017 us-gaap Profit Loss
ProfitLoss
46978000 USD
CY2018 us-gaap Profit Loss
ProfitLoss
159789000 USD
CY2017Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1147123000 USD
CY2018Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
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CY2018 us-gaap Concentration Risk Credit Risk
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<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%;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, and notes and other contractual receivables. The majority of cash and cash equivalents is maintained with major financial institutions. Balances with these and certain other institutions exceeded the Federal Deposit Insurance Corporation insured amount of </font><font style="font-family:inherit;font-size:10pt;">$250,000</font><font style="font-family:inherit;font-size:10pt;"> as of </font><font style="font-family:inherit;font-size:10pt;">August&#160;31, 2018</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;">$58 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$48 million</font><font style="font-family:inherit;font-size:10pt;"> of open letters of credit as of </font><font style="font-family:inherit;font-size:10pt;">August 31, 2018 and 2017</font><font style="font-family:inherit;font-size:10pt;">, respectively.</font></div></div>
CY2018 us-gaap Description Of New Accounting Pronouncements Not Yet Adopted
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<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:12px;padding-top:4px;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 May 2014, an accounting standards update was issued that clarifies the principles for recognizing revenue from contracts with customers. The update supersedes the existing standard for recognizing revenue. Additional updates have been issued since May 2014 amending aspects of the initial update and providing implementation guidance. 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 Company will adopt the standard effective September 1, 2018 using the modified retrospective approach. The Company does not expect to recognize a cumulative effect adjustment to the opening balance of retained earnings in connection with the initial application of the standard. Further, the Company does not expect the adoption of the standard to have a material impact on its financial position, net income or cash flows. The Company has identified certain scrap metal purchase and sale arrangements for which it currently recognizes revenue for the gross amount of consideration it expects to be entitled from the customer (as principal), but for which under the new revenue standard it will recognize revenue as the net amount of consideration that it expects to retain after paying the scrap metal supplier (as agent). This change in the classification of the cost of scrap metal purchased under such arrangements will have the effect of reducing the amount of revenues reported in the financial statements, while having no impact on net income.</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 January 2016, an accounting standards update was issued that amends certain aspects of the reporting model for financial instruments. Most prominent among the amendments is the requirement for equity investments, with certain exceptions including those accounted for under the equity method of accounting, to be measured at fair value with changes in fair value recognized in net income. An entity may choose to measure equity investments that do not have readily determinable fair values, such as certain cost method investments, at cost minus impairment, plus or minus changes resulting from observable price changes. The amendments also require a qualitative assessment to identify impairment of equity investments without readily determinable fair values. The standard is effective for the Company beginning in fiscal 2019, including interim periods within that fiscal year. The Company does not expect adoption to have a material impact on its consolidated financial position, results of operations and cash flows.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In February 2016, an accounting standard was issued that will supersede the existing lease standard and require a lessee to recognize a lease liability and a lease asset on its balance sheet for all&#160;leases, including those classified as operating&#160;leases under the existing lease standard. The update also expands the required quantitative and qualitative disclosures surrounding&#160;leases. Additional updates have been issued since February 2016 amending aspects of the initial update, including providing an additional and optional transition method for adoption. This standard is effective for the Company beginning in fiscal 2020, including interim periods within that fiscal year. The Company expects to initially apply the requirements by recognizing a cumulative-effect adjustment to the opening balance of retained earnings, if any, in the period of adoption. The Company is in the process of identifying its population of leases within the scope of the new accounting standard and documenting salient lease terms to support the initial and subsequent measurement of lease liabilities and lease assets. The Company is also assessing and implementing changes to its processes, systems, and internal controls as a result of the new guidance. The Company is evaluating the impact of adopting this standard on its financial position, results of operations, cash flows and disclosures, and it expects to recognize a material amount of lease assets and liabilities on its consolidated balance sheet upon adoption.</font></div></div>
CY2018 us-gaap Use Of Estimates
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<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;">Use of Estimates</font></div><div style="line-height:120%;padding-bottom:12px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of the Company&#8217;s Consolidated Financial Statements in accordance with generally accepted accounting principles in the United States of America (&#8220;U.S. GAAP&#8221;) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the Consolidated Financial Statements and reported amounts of revenue and expenses during the reporting period. Examples include revenue recognition; the allowance for doubtful accounts; estimates of contingencies, including environmental liabilities and other legal liabilities; goodwill, long-lived asset and indefinite-lived intangible asset valuation; valuation of equity method and cost method investments; valuation of certain share-based awards; other asset valuation; inventory measurement and valuation; pension plan assumptions; and the assessment of the valuation of deferred income taxes and income tax contingencies. Actual results may differ from estimated amounts.</font></div><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;"></font></div></div>

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