2018 Q4 Form 10-Q Financial Statement

#000005282718000041 Filed on November 02, 2018

View on sec.gov

Income Statement

Concept 2018 Q4 2018 Q3 2017 Q3
Revenue $166.1M $200.9M $184.4M
YoY Change -30.69% 8.93% 4.27%
Cost Of Revenue $139.1M $143.3M $137.0M
YoY Change -7.17% 4.58% 17.16%
Gross Profit $27.05M $57.63M $47.44M
YoY Change -69.9% 21.49% -20.87%
Gross Profit Margin 16.28% 28.69% 25.72%
Selling, General & Admin $10.60M $10.80M $9.936M
YoY Change 0.95% 8.7% -6.33%
% of Gross Profit 39.18% 18.74% 20.95%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $28.40M $34.81M $28.71M
YoY Change -8.39% 21.25% -10.23%
% of Gross Profit 104.98% 60.4% 60.52%
Operating Expenses $10.60M $10.80M $9.936M
YoY Change 0.95% 8.7% -6.33%
Operating Profit $16.45M $46.38M $39.27M
YoY Change -79.27% 18.1% -20.97%
Interest Expense -$9.000M $7.838M $8.553M
YoY Change 16.88% -8.36% 0.11%
% of Operating Profit -54.7% 16.9% 21.78%
Other Income/Expense, Net $495.0K $1.128M
YoY Change -56.12% 337.21%
Pretax Income $7.400M $39.04M $31.85M
YoY Change -89.69% 22.57% -23.08%
Income Tax $2.800M $8.396M $3.043M
% Of Pretax Income 37.84% 21.51% 9.56%
Net Earnings $1.987M $23.43M $24.69M
YoY Change -96.9% -5.09% -37.27%
Net Earnings / Revenue 1.2% 11.66% 13.39%
Basic Earnings Per Share $0.02 $0.18 $0.19
Diluted Earnings Per Share $0.02 $0.18 $0.19
COMMON SHARES
Basic Shares Outstanding 129.5M shares 129.1M shares 128.6M shares
Diluted Shares Outstanding 129.8M shares 129.0M shares

Balance Sheet

Concept 2018 Q4 2018 Q3 2017 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $148.4M $146.3M $104.1M
YoY Change 31.65% 40.54% -5.36%
Cash & Equivalents $148.4M $146.3M $104.1M
Short-Term Investments $0.00
Other Short-Term Assets $609.0K $2.443M $3.322M
YoY Change -80.01% -26.46% -1.4%
Inventory $15.70M $26.95M $24.50M
Prepaid Expenses $5.040M $15.85M $16.66M
Receivables $26.15M $43.09M $39.41M
Other Receivables $0.00 $0.00 $73.00M
Total Short-Term Assets $207.9M $234.6M $260.9M
YoY Change 13.25% -10.1% 21.86%
LONG-TERM ASSETS
Property, Plant & Equipment $22.75M $22.80M $23.33M
YoY Change -2.68% -2.25% 110.6%
Goodwill $8.307M
YoY Change -5.34%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $55.05M $72.71M $45.55M
YoY Change 12.32% 59.64% -9.6%
Total Long-Term Assets $2.573B $2.608B $2.651B
YoY Change -3.82% -1.63% 7.87%
TOTAL ASSETS
Total Short-Term Assets $207.9M $234.6M $260.9M
Total Long-Term Assets $2.573B $2.608B $2.651B
Total Assets $2.781B $2.842B $2.912B
YoY Change -2.72% -2.39% 9.0%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $18.02M $22.41M $27.69M
YoY Change -28.35% -19.09% 16.67%
Accrued Expenses $18.60M $24.10M $22.90M
YoY Change 0.54% 5.24% 7.01%
Deferred Revenue $10.45M $13.87M
YoY Change 7.47%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $0.00 $0.00
YoY Change -100.0% -100.0%
Total Short-Term Liabilities $63.54M $81.62M $150.4M
YoY Change -7.3% -45.74% 50.2%
LONG-TERM LIABILITIES
Long-Term Debt $972.6M $972.4M $1.030B
YoY Change -4.84% -5.61% -0.29%
Other Long-Term Liabilities $60.21M $58.14M $42.37M
YoY Change 39.75% 37.23% -22.52%
Total Long-Term Liabilities $1.033B $1.031B $1.073B
YoY Change -3.03% -3.92% -1.41%
TOTAL LIABILITIES
Total Short-Term Liabilities $63.54M $81.62M $150.4M
Total Long-Term Liabilities $1.033B $1.031B $1.073B
Total Liabilities $1.096B $1.112B $1.223B
YoY Change -3.29% -9.06% 2.94%
SHAREHOLDERS EQUITY
Retained Earnings $672.4M $705.5M $675.9M
YoY Change -4.95% 4.38% -1.12%
Common Stock $884.3M $882.4M $870.0M
YoY Change 1.38% 1.43% 22.89%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.557B $1.600B $1.559B
YoY Change
Total Liabilities & Shareholders Equity $2.781B $2.842B $2.912B
YoY Change -2.72% -2.39% 9.0%

Cashflow Statement

Concept 2018 Q4 2018 Q3 2017 Q3
OPERATING ACTIVITIES
Net Income $1.987M $23.43M $24.69M
YoY Change -96.9% -5.09% -37.27%
Depreciation, Depletion And Amortization $28.40M $34.81M $28.71M
YoY Change -8.39% 21.25% -10.23%
Cash From Operating Activities $49.00M $79.50M $58.60M
YoY Change -29.39% 35.67% -32.57%
INVESTING ACTIVITIES
Capital Expenditures -$36.80M -$25.90M -$18.20M
YoY Change 56.6% 42.31% -80.66%
Acquisitions
YoY Change
Other Investing Activities -$8.100M -$400.0K -$6.900M
YoY Change -116.7% -94.2% -235.29%
Cash From Investing Activities -$45.00M -$26.40M -$24.90M
YoY Change -281.45% 6.02% -71.99%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -41.20M -36.90M -66.50M
YoY Change 14.13% -44.51% 261.41%
NET CHANGE
Cash From Operating Activities 49.00M 79.50M 58.60M
Cash From Investing Activities -45.00M -26.40M -24.90M
Cash From Financing Activities -41.20M -36.90M -66.50M
Net Change In Cash -37.20M 16.20M -32.80M
YoY Change -164.03% -149.39% 60.78%
FREE CASH FLOW
Cash From Operating Activities $49.00M $79.50M $58.60M
Capital Expenditures -$36.80M -$25.90M -$18.20M
Free Cash Flow $85.80M $105.4M $76.80M
YoY Change -7.64% 37.24% -57.57%

Facts In Submission

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us-gaap Costs And Expenses
CostsAndExpenses
444448000 USD
CY2018Q3 us-gaap Costs And Expenses
CostsAndExpenses
154512000 USD
us-gaap Costs And Expenses
CostsAndExpenses
494894000 USD
CY2018Q3 us-gaap Debt Instrument Carrying Amount
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975000000 USD
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2574000 USD
us-gaap Deferred Income Taxes And Tax Credits
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16714000 USD
us-gaap Deferred Income Taxes And Tax Credits
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21019000 USD
us-gaap Defined Benefit Plan Amounts Recognized In Other Comprehensive Income Loss Net Gain Loss Before Tax
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-507000 USD
us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Expected Long Term Return On Assets
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0.072
CY2018Q3 us-gaap Defined Benefit Plan Expected Future Employer Contributions Remainder Of Fiscal Year
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500000 USD
CY2017Q3 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
28707000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
104706000 USD
CY2018Q3 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
34806000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
115726000 USD
CY2017Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
21032000 USD
CY2018Q3 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
44234000 USD
CY2017Q4 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
2433000 USD
CY2018Q3 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
4870000 USD
CY2017Q3 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
1295000 USD
us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
2476000 USD
CY2018Q3 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-712000 USD
us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
1599000 USD
CY2017 us-gaap Dividends
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us-gaap Dividends
Dividends
102787000 USD
CY2017Q3 us-gaap Earnings Per Share Basic
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0.19
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.67
CY2018Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.18
CY2017Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.19
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.67
CY2018Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.18
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.77
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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1113000 USD
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-1341000 USD
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.151
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.165
CY2017Q4 us-gaap Employee Related Liabilities Current
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9662000 USD
CY2018Q3 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
8320000 USD
CY2017Q3 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
165000 USD
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
15000 USD
CY2018Q3 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
242000 USD
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
264000 USD
us-gaap Gain Loss On Sale Of Property
GainLossOnSaleOfProperty
28183000 USD
us-gaap Gain Loss On Sale Of Property
GainLossOnSaleOfProperty
0 USD
CY2017Q3 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-63000 USD
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-69000 USD
CY2018Q3 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-30000 USD
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-3000 USD
CY2017Q3 us-gaap Gain Loss Related To Litigation Settlement
GainLossRelatedToLitigationSettlement
0 USD
us-gaap Gain Loss Related To Litigation Settlement
GainLossRelatedToLitigationSettlement
420000 USD
CY2018Q3 us-gaap Gain Loss Related To Litigation Settlement
GainLossRelatedToLitigationSettlement
0 USD
us-gaap Gain Loss Related To Litigation Settlement
GainLossRelatedToLitigationSettlement
0 USD
CY2018Q3 us-gaap Guarantee Obligations Current Carrying Value
GuaranteeObligationsCurrentCarryingValue
43000 USD
CY2018Q3 us-gaap Guarantee Obligations Maximum Exposure
GuaranteeObligationsMaximumExposure
13714000 USD
CY2017Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
31846000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
111476000 USD
CY2018Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
39035000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
135125000 USD
CY2017Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3000000 USD
CY2017Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3043000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
16817000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
16800000 USD
CY2018Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
8400000 USD
CY2018Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
8396000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
22400000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
22443000 USD
us-gaap Income Taxes Paid Net
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495000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
824000 USD
us-gaap Increase Decrease In Accounts Payable
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5018000 USD
us-gaap Increase Decrease In Accounts Payable
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-825000 USD
us-gaap Increase Decrease In Accounts Receivable
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18639000 USD
us-gaap Increase Decrease In Accounts Receivable
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15261000 USD
us-gaap Increase Decrease In Income Taxes Receivable
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126000 USD
us-gaap Increase Decrease In Income Taxes Receivable
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0 USD
us-gaap Increase Decrease In Inventories
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617000 USD
us-gaap Increase Decrease In Other Operating Capital Net
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-8352000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-1085000 USD
CY2017Q3 us-gaap Interest Expense
InterestExpense
8553000 USD
us-gaap Interest Expense
InterestExpense
25600000 USD
CY2018Q3 us-gaap Interest Expense
InterestExpense
7838000 USD
us-gaap Interest Expense
InterestExpense
23992000 USD
us-gaap Interest Paid Net
InterestPaidNet
23540000 USD
us-gaap Interest Paid Net
InterestPaidNet
20910000 USD
CY2017Q4 us-gaap Interest Payable Current
InterestPayableCurrent
5054000 USD
CY2018Q3 us-gaap Interest Payable Current
InterestPayableCurrent
7963000 USD
CY2017Q4 us-gaap Inventory Net
InventoryNet
24141000 USD
CY2018Q3 us-gaap Inventory Net
InventoryNet
26950000 USD
CY2017Q4 us-gaap Inventory Real Estate Land And Land Development Costs
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80797000 USD
CY2018Q3 us-gaap Inventory Real Estate Land And Land Development Costs
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79747000 USD
CY2017Q4 us-gaap Investments In And Advances To Affiliates Amount Of Equity
InvestmentsInAndAdvancesToAffiliatesAmountOfEquity
0 USD
CY2018Q3 us-gaap Investments In And Advances To Affiliates Amount Of Equity
InvestmentsInAndAdvancesToAffiliatesAmountOfEquity
0 USD
CY2017Q4 us-gaap Land
Land
3962000 USD
CY2018Q3 us-gaap Land
Land
4131000 USD
CY2017Q4 us-gaap Liabilities And Stockholders Equity
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2858481000 USD
CY2018Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2842215000 USD
CY2017Q4 us-gaap Liabilities Current
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68548000 USD
CY2018Q3 us-gaap Liabilities Current
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81623000 USD
CY2017Q4 us-gaap Long Term Debt Current
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3375000 USD
CY2018Q3 us-gaap Long Term Debt Current
LongTermDebtCurrent
0 USD
CY2017Q4 us-gaap Long Term Debt Noncurrent
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1022004000 USD
CY2018Q3 us-gaap Long Term Debt Noncurrent
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972426000 USD
CY2017Q4 us-gaap Loss Contingency New Claims Filed Number
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1 claim
CY2017Q4 us-gaap Machinery And Equipment Gross
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4440000 USD
CY2018Q3 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
4427000 USD
CY2017Q4 us-gaap Minority Interest
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99917000 USD
CY2018Q3 us-gaap Minority Interest
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100799000 USD
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
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3122000 USD
us-gaap Net Cash Provided By Used In Financing Activities
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29220000 USD
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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-260130000 USD
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
186873000 USD
us-gaap Net Cash Provided By Used In Operating Activities
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261051000 USD
CY2017Q3 us-gaap Net Income Loss
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24688000 USD
us-gaap Net Income Loss
NetIncomeLoss
84691000 USD
CY2018Q3 us-gaap Net Income Loss
NetIncomeLoss
23432000 USD
us-gaap Net Income Loss
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100229000 USD
CY2017Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
4115000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
9968000 USD
CY2018Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
7207000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
12453000 USD
CY2017Q3 us-gaap Noninterest Income Other Operating Income
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CY2018Q3 us-gaap Noninterest Income Other Operating Income
NoninterestIncomeOtherOperatingIncome
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us-gaap Noninterest Income Other Operating Income
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CY2017Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
39271000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
135426000 USD
CY2018Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
46378000 USD
us-gaap Operating Income Loss
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155097000 USD
CY2017Q3 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
248000 USD
us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
787000 USD
CY2018Q3 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
274000 USD
us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
818000 USD
CY2017Q4 us-gaap Other Assets Current
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3047000 USD
CY2018Q3 us-gaap Other Assets Current
OtherAssetsCurrent
2443000 USD
CY2017Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
49010000 USD
CY2018Q3 us-gaap Other Assets Noncurrent
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72709000 USD
CY2018Q3 us-gaap Other Commitment
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11634000 USD
CY2018Q3 us-gaap Other Commitment Due After Fifth Year
OtherCommitmentDueAfterFifthYear
929000 USD
CY2018Q3 us-gaap Other Commitment Due In Fifth Year
OtherCommitmentDueInFifthYear
587000 USD
CY2018Q3 us-gaap Other Commitment Due In Fourth Year
OtherCommitmentDueInFourthYear
612000 USD
CY2018Q3 us-gaap Other Commitment Due In Second Year
OtherCommitmentDueInSecondYear
3239000 USD
CY2018Q3 us-gaap Other Commitment Due In Third Year
OtherCommitmentDueInThirdYear
787000 USD
CY2018Q3 us-gaap Other Commitments Future Minimum Payments Remainder Of Fiscal Year
OtherCommitmentsFutureMinimumPaymentsRemainderOfFiscalYear
5480000 USD
CY2017 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
14064000 USD
us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
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CY2017Q3 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
-2162000 USD
us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
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CY2017 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
5693000 USD
CY2018Q3 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
4142000 USD
us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
21285000 USD
CY2017Q3 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax
-614000 USD
us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax
534000 USD
CY2018Q3 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax
401000 USD
us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax
2012000 USD
CY2017Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-7317000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
16599000 USD
CY2017 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
9114000 USD
CY2018Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-10527000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-30599000 USD
CY2017Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
0 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
0 USD
CY2018Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
0 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
0 USD
CY2017Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
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us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
15351000 USD
CY2018Q3 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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CY2017 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
12561000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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CY2017Q3 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-116000 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-349000 USD
CY2017 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
208000 USD
CY2018Q3 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
542000 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
204000 USD
CY2017Q3 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
0 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
0 USD
CY2018Q3 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
711000 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
711000 USD
CY2017Q4 us-gaap Other Liabilities Current
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CY2018Q3 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
21249000 USD
CY2017Q4 us-gaap Other Liabilities Noncurrent
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CY2018Q3 us-gaap Other Liabilities Noncurrent
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58142000 USD
us-gaap Other Noncash Income Expense
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us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
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CY2017Q3 us-gaap Other Nonoperating Income Expense
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us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
1650000 USD
CY2018Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
495000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
4020000 USD
CY2017Q3 us-gaap Other Operating Income Expense Net
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1771000 USD
us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
3744000 USD
CY2018Q3 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
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us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
2577000 USD
us-gaap Payments For Proceeds From Hedge Financing Activities
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0 USD
us-gaap Payments For Proceeds From Hedge Financing Activities
PaymentsForProceedsFromHedgeFinancingActivities
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us-gaap Payments For Proceeds From Investments
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0 USD
us-gaap Payments For Proceeds From Investments
PaymentsForProceedsFromInvestments
0 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-383000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
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us-gaap Payments For Repurchase Of Common Stock
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0 USD
us-gaap Payments For Repurchase Of Common Stock
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2980000 USD
us-gaap Payments Of Dividends
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95008000 USD
us-gaap Payments Of Dividends
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101839000 USD
us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
0 USD
us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
3122000 USD
us-gaap Payments To Acquire Buildings
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5979000 USD
us-gaap Payments To Acquire Buildings
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0 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
45731000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
44137000 USD
us-gaap Payments To Acquire Timberlands
PaymentsToAcquireTimberlands
239052000 USD
us-gaap Payments To Acquire Timberlands
PaymentsToAcquireTimberlands
38978000 USD
us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
11780000 USD
us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
6889000 USD
CY2017Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
31905000 USD
CY2018Q3 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
28925000 USD
CY2017Q4 us-gaap Prepaid Expense Current
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15993000 USD
CY2018Q3 us-gaap Prepaid Expense Current
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15849000 USD
us-gaap Proceeds From Issuance Of Common Stock
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152390000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 USD
us-gaap Proceeds From Issuance Of Long Term Debt
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63389000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
1014000 USD
us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
3665000 USD
us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
8216000 USD
us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
42029000 USD
us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
0 USD
CY2017Q3 us-gaap Profit Loss
ProfitLoss
28803000 USD
us-gaap Profit Loss
ProfitLoss
94659000 USD
CY2017 us-gaap Profit Loss
ProfitLoss
161579000 USD
CY2018Q3 us-gaap Profit Loss
ProfitLoss
30639000 USD
us-gaap Profit Loss
ProfitLoss
112682000 USD
CY2017Q4 us-gaap Property Plant And Equipment Gross
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32647000 USD
CY2018Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
32342000 USD
CY2017Q4 us-gaap Property Plant And Equipment Net
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23378000 USD
CY2018Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
22802000 USD
us-gaap Real Estate Inventory Capitalized Interest Costs Incurred
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500000 USD
CY2017 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
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1503000 USD
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
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770000 USD
us-gaap Repayments Of Long Term Debt
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95216000 USD
us-gaap Repayments Of Long Term Debt
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54416000 USD
CY2017Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
59700000 USD
CY2018Q3 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
45400000 USD
CY2017Q4 us-gaap Restricted Cash And Investments Noncurrent
RestrictedCashAndInvestmentsNoncurrent
59703000 USD
CY2018Q3 us-gaap Restricted Cash And Investments Noncurrent
RestrictedCashAndInvestmentsNoncurrent
45418000 USD
CY2017Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
707378000 USD
CY2018Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
705531000 USD
CY2017Q3 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
184171000 USD
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
579087000 USD
CY2018Q3 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
200616000 USD
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
649173000 USD
CY2017Q3 us-gaap Revenues
Revenues
184419000 USD
us-gaap Revenues
Revenues
579874000 USD
CY2018Q3 us-gaap Revenues
Revenues
200890000 USD
us-gaap Revenues
Revenues
649991000 USD
CY2017Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
9936000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
29771000 USD
CY2018Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
10800000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
31304000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
4084000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
4957000 USD
CY2017 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
152390000 USD
CY2017 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
4751000 USD
us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
8216000 USD
CY2017 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
176000 USD
us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
2980000 USD
CY2016Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1496752000 USD
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
1593023000 USD
CY2018Q3 us-gaap Stockholders Equity
StockholdersEquity
1600300000 USD
CY2017Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1692940000 USD
CY2018Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1701099000 USD
CY2017Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
3781000 USD
CY2018Q3 us-gaap Taxes Payable Current
TaxesPayableCurrent
7818000 USD
CY2017Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
128965780 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
127344007 shares
CY2018Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
129755874 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
129674438 shares
CY2017Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
128610696 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
126934003 shares
CY2018Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
129142931 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
129005074 shares
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:6px;text-align:justify;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;color:#002e5b;font-weight:bold;">RECLASSIFICATIONS</font></div><div style="line-height:120%;padding-bottom:10px;padding-top:4px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">Management has changed how it internally evaluates the business performance of its New Zealand Timber segment. In order to align segment reporting, the Company has reclassified New Zealand timberland sales from the New Zealand Timber segment to the Real Estate segment. All prior period amounts previously reported have been reclassified to reflect the realigned segments. See </font><font style="font-family:Arial;font-size:10pt;color:#0000ff;text-decoration:underline;">Note 4</font><font style="font-family:Arial;font-size:10pt;color:#0000ff;"> </font><font style="font-family:Arial;font-size:10pt;color:#0000ff;text-decoration:underline;">&#8212;</font><font style="font-family:Arial;font-size:10pt;color:#0000ff;"> </font><font style="font-family:Arial;font-size:10pt;color:#0000ff;text-decoration:underline;">Segment and Geographic Information</font><font style="font-family:Arial;font-size:10pt;color:#0000ff;text-decoration:underline;">.</font></div></div>

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