2017 Q1 Form 10-Q Financial Statement

#000149229817000018 Filed on May 08, 2017

View on sec.gov

Income Statement

Concept 2017 Q1 2016 Q1
Revenue $62.65M $62.56M
YoY Change 0.15% 12.57%
Cost Of Revenue $2.400M $1.400M
YoY Change 71.43%
Gross Profit $60.20M $61.10M
YoY Change -1.47%
Gross Profit Margin 96.09% 97.67%
Selling, General & Admin $7.900M $7.200M
YoY Change 9.72% -10.0%
% of Gross Profit 13.12% 11.78%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $19.14M $17.77M
YoY Change 7.72% 25.55%
% of Gross Profit 31.79% 29.08%
Operating Expenses $27.00M $25.00M
YoY Change 8.0% 13.12%
Operating Profit $33.20M $36.10M
YoY Change -8.03%
Interest Expense -$15.80M -$16.90M
YoY Change -6.51% 21.58%
% of Operating Profit -47.59% -46.81%
Other Income/Expense, Net $2.129M $0.00
YoY Change -100.0%
Pretax Income $19.01M -$15.70M
YoY Change -221.09% -180.93%
Income Tax $220.0K
% Of Pretax Income 1.16%
Net Earnings $18.82M -$15.71M
YoY Change -219.81% -180.78%
Net Earnings / Revenue 30.04% -25.11%
Basic Earnings Per Share $0.25 -$0.28
Diluted Earnings Per Share $0.25 -$0.28
COMMON SHARES
Basic Shares Outstanding 65.35M shares 65.25M shares
Diluted Shares Outstanding 65.92M shares 65.25M shares

Balance Sheet

Concept 2017 Q1 2016 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $12.80M $9.100M
YoY Change 40.66% 116.67%
Cash & Equivalents $12.81M $9.133M
Short-Term Investments
Other Short-Term Assets $126.0M $119.5M
YoY Change 5.44% 16.81%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $138.8M $128.6M
YoY Change 7.93% 20.75%
LONG-TERM ASSETS
Property, Plant & Equipment $1.994B $1.924B
YoY Change 3.63% 17.83%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $11.20M $84.20M
YoY Change -86.7% 1120.29%
Total Long-Term Assets $2.101B $2.306B
YoY Change -8.86% 21.47%
TOTAL ASSETS
Total Short-Term Assets $138.8M $128.6M
Total Long-Term Assets $2.101B $2.306B
Total Assets $2.240B $2.434B
YoY Change -7.97% 21.43%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $33.40M $28.30M
YoY Change 18.02% 19.41%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $33.40M $28.30M
YoY Change 18.02% 19.41%
LONG-TERM LIABILITIES
Long-Term Debt $1.202B $1.398B
YoY Change -13.99% 33.32%
Other Long-Term Liabilities $300.0K
YoY Change
Total Long-Term Liabilities $1.202B $1.398B
YoY Change -14.01% 33.35%
TOTAL LIABILITIES
Total Short-Term Liabilities $33.40M $28.30M
Total Long-Term Liabilities $1.202B $1.398B
Total Liabilities $1.236B $1.427B
YoY Change -13.38% 33.04%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $654.0K $653.0K
YoY Change 0.15% 10.3%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.004B $1.007B
YoY Change
Total Liabilities & Shareholders Equity $2.240B $2.434B
YoY Change -7.97% 21.43%

Cashflow Statement

Concept 2017 Q1 2016 Q1
OPERATING ACTIVITIES
Net Income $18.82M -$15.71M
YoY Change -219.81% -180.78%
Depreciation, Depletion And Amortization $19.14M $17.77M
YoY Change 7.72% 25.55%
Cash From Operating Activities $31.59M $24.73M
YoY Change 27.75% 0.1%
INVESTING ACTIVITIES
Capital Expenditures $0.00
YoY Change
Acquisitions
YoY Change
Other Investing Activities -$1.000M $2.000M
YoY Change -150.0% -132.26%
Cash From Investing Activities -$961.0K $1.964M
YoY Change -148.93% -131.49%
FINANCING ACTIVITIES
Cash Dividend Paid $29.99M $29.30M
YoY Change 2.36% 14.14%
Common Stock Issuance & Retirement, Net -$3.224M -$1.274M
YoY Change 153.06% -83.21%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$43.35M -$25.12M
YoY Change 72.55% -66.98%
NET CHANGE
Cash From Operating Activities $31.59M $24.73M
Cash From Investing Activities -$961.0K $1.964M
Cash From Financing Activities -$43.35M -$25.12M
Net Change In Cash -$12.72M $1.568M
YoY Change -911.29% -102.72%
FREE CASH FLOW
Cash From Operating Activities $31.59M $24.73M
Capital Expenditures $0.00
Free Cash Flow $31.59M
YoY Change

Facts In Submission

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CY2017Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
565837 shares
CY2016Q1 us-gaap Interest Expense Debt
InterestExpenseDebt
16918000 USD
CY2017Q1 us-gaap Interest Expense Debt
InterestExpenseDebt
15788000 USD
CY2016Q1 us-gaap Interest Paid
InterestPaid
19459000 USD
CY2017Q1 us-gaap Interest Paid
InterestPaid
18127000 USD
CY2016Q4 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
13800000 USD
CY2017Q1 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
9600000 USD
CY2017Q1 us-gaap Investment Owned Balance Principal Amount
InvestmentOwnedBalancePrincipalAmount
100108000 USD
CY2016Q4 us-gaap Investments
Investments
96036000 USD
CY2017Q1 us-gaap Investments
Investments
96489000 USD
CY2016Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
0 USD
CY2017Q1 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
0 USD
CY2016Q1 us-gaap Investments In And Advances To Affiliates At Fair Value Period Increase Decrease
InvestmentsInAndAdvancesToAffiliatesAtFairValuePeriodIncreaseDecrease
0 USD
CY2016Q4 us-gaap Land
Land
220042000 USD
CY2017Q1 us-gaap Land
Land
220117000 USD
CY2016Q4 us-gaap Land Improvements
LandImprovements
3744000 USD
CY2017Q1 us-gaap Land Improvements
LandImprovements
3475000 USD
CY2016Q4 us-gaap Liabilities
Liabilities
1250310000 USD
CY2017Q1 us-gaap Liabilities
Liabilities
1235773000 USD
CY2016Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2265919000 USD
CY2017Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2240126000 USD
CY2016Q4 us-gaap Line Of Credit
LineOfCredit
26000000 USD
CY2017Q1 us-gaap Line Of Credit
LineOfCredit
17000000 USD
CY2016Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
2750000 USD
CY2017Q1 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
4096000 USD
CY2017Q1 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
54029000 USD
CY2016Q4 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
50846000 USD
CY2017Q1 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
50038000 USD
CY2016Q4 us-gaap Loans Payable To Bank
LoansPayableToBank
335673000 USD
CY2017Q1 us-gaap Loans Payable To Bank
LoansPayableToBank
336592000 USD
CY2016Q4 us-gaap Loans Receivable Net
LoansReceivableNet
53596000 USD
CY2017Q1 us-gaap Loans Receivable Net
LoansReceivableNet
54134000 USD
CY2017Q1 us-gaap Long Term Debt
LongTermDebt
1202376000 USD
CY2017Q1 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
326880000 USD
CY2017Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
858304000 USD
CY2017Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
21560000 USD
CY2017Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
4412000 USD
CY2017Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
4270000 USD
CY2017Q1 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
3111000 USD
CY2016Q4 us-gaap Minority Interest
MinorityInterest
35000 USD
CY2017Q1 us-gaap Minority Interest
MinorityInterest
3000 USD
CY2016Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-25122000 USD
CY2017Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-43347000 USD
CY2016Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
1964000 USD
CY2017Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-961000 USD
CY2016Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
24726000 USD
CY2017Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
31438000 USD
CY2016Q1 us-gaap Net Income Loss
NetIncomeLoss
-15711000 USD
CY2017Q1 us-gaap Net Income Loss
NetIncomeLoss
18823000 USD
CY2016Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-32000 USD
CY2017Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-32000 USD
CY2016Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-18272000 USD
CY2017Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
16262000 USD
CY2016Q1 us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
1412000 USD
CY2017Q1 us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
2420000 USD
CY2017Q1 us-gaap Operating Leases Future Minimum Payments Receivable
OperatingLeasesFutureMinimumPaymentsReceivable
2124303000 USD
CY2017Q1 us-gaap Operating Leases Future Minimum Payments Receivable Current
OperatingLeasesFutureMinimumPaymentsReceivableCurrent
155591000 USD
CY2017Q1 us-gaap Operating Leases Future Minimum Payments Receivable In Five Years
OperatingLeasesFutureMinimumPaymentsReceivableInFiveYears
195307000 USD
CY2017Q1 us-gaap Operating Leases Future Minimum Payments Receivable In Four Years
OperatingLeasesFutureMinimumPaymentsReceivableInFourYears
225378000 USD
CY2017Q1 us-gaap Operating Leases Future Minimum Payments Receivable In Three Years
OperatingLeasesFutureMinimumPaymentsReceivableInThreeYears
219300000 USD
CY2017Q1 us-gaap Operating Leases Future Minimum Payments Receivable In Two Years
OperatingLeasesFutureMinimumPaymentsReceivableInTwoYears
212860000 USD
CY2017Q1 us-gaap Operating Leases Future Minimum Payments Receivable Thereafter
OperatingLeasesFutureMinimumPaymentsReceivableThereafter
1115867000 USD
CY2016Q1 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
55312000 USD
CY2017Q1 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
57224000 USD
CY2016Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-573000 USD
CY2017Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-558000 USD
CY2016Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-2065000 USD
CY2017Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
170000 USD
CY2016Q1 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-222000 USD
CY2017Q1 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-26000 USD
CY2016Q1 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
0 USD
CY2017Q1 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
2129000 USD
CY2016Q1 us-gaap Payments Of Dividends
PaymentsOfDividends
29301000 USD
CY2017Q1 us-gaap Payments Of Dividends
PaymentsOfDividends
29993000 USD
CY2016Q1 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
5885000 USD
CY2017Q1 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
109000 USD
CY2016Q1 us-gaap Payments To Acquire Furniture And Fixtures
PaymentsToAcquireFurnitureAndFixtures
474000 USD
CY2017Q1 us-gaap Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
508000 USD
CY2017Q1 us-gaap Payments To Acquire Furniture And Fixtures
PaymentsToAcquireFurnitureAndFixtures
520000 USD
CY2016Q1 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
984000 USD
CY2017Q1 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
51000 USD
CY2016Q1 us-gaap Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
5850000 USD
CY2017Q1 us-gaap Preferred Stock Amount Of Preferred Dividends In Arrears
PreferredStockAmountOfPreferredDividendsInArrears
0 USD
CY2013Q1 us-gaap Preferred Stock Dividend Rate Percentage
PreferredStockDividendRatePercentage
0.07125
CY2016Q1 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
2561000 USD
CY2017Q1 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
2561000 USD
CY2016Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2017Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2013Q1 us-gaap Preferred Stock Redemption Price Per Share
PreferredStockRedemptionPricePerShare
25.00
CY2016Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
CY2017Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
CY2016Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
5750000 shares
CY2017Q1 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
5750000 shares
CY2013Q1 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
5800000 shares
CY2016Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
5750000 shares
CY2017Q1 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
5750000 shares
CY2016Q4 us-gaap Preferred Stock Value
PreferredStockValue
58000 USD
CY2017Q1 us-gaap Preferred Stock Value
PreferredStockValue
58000 USD
CY2016Q1 us-gaap Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
8874000 USD
CY2017Q1 us-gaap Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
118000 USD
CY2016Q1 us-gaap Proceeds From Contributions From Parent
ProceedsFromContributionsFromParent
0 USD
CY2016Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
-1274000 USD
CY2017Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
-3224000 USD
CY2013Q1 us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
138300000 USD
CY2016Q1 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
0 USD
CY2017Q1 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
0 USD
CY2016Q1 us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
-57000000 USD
CY2017Q1 us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
-9000000 USD
CY2016Q1 us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
398000 USD
CY2017Q1 us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
0 USD
CY2016Q1 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
2523000 USD
CY2017Q1 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
1770000 USD
CY2016Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
282812000 USD
CY2017Q1 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
297405000 USD
CY2016Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
2292751000 USD
CY2017Q1 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
2290997000 USD
CY2016Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
2009939000 USD
CY2017Q1 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
1993592000 USD
CY2016Q1 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
1022000 USD
CY2017Q1 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
1021000 USD
CY2016Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
9002000 USD
CY2017Q1 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
9151000 USD
CY2016Q1 us-gaap Revenues
Revenues
62559000 USD
CY2017Q1 us-gaap Revenues
Revenues
62650000 USD
CY2013Q1 us-gaap Sale Of Stock Price Per Share
SaleOfStockPricePerShare
25.00
CY2016Q4 us-gaap Secured Debt
SecuredDebt
160752000 USD
CY2017Q1 us-gaap Secured Debt
SecuredDebt
159905000 USD
CY2016Q4 us-gaap Security Deposit Liability
SecurityDepositLiability
2700000 USD
CY2017Q1 us-gaap Security Deposit Liability
SecurityDepositLiability
2000000 USD
CY2016Q4 us-gaap Senior Notes
SeniorNotes
700000000 USD
CY2017Q1 us-gaap Senior Notes
SeniorNotes
700000000 USD
CY2017Q1 us-gaap Straight Line Rent
StraightLineRent
4607000 USD
CY2016Q1 us-gaap Unrealized Gain Loss On Cash Flow Hedging Instruments
UnrealizedGainLossOnCashFlowHedgingInstruments
-1492000 USD
CY2016Q1 us-gaap Share Based Compensation
ShareBasedCompensation
1818000 USD
CY2017Q1 us-gaap Share Based Compensation
ShareBasedCompensation
2588000 USD
CY2017Q1 us-gaap Shares Paid For Tax Withholding For Share Based Compensation
SharesPaidForTaxWithholdingForShareBasedCompensation
2600000 shares
CY2016Q4 us-gaap Stockholders Equity
StockholdersEquity
1015574000 USD
CY2017Q1 us-gaap Stockholders Equity
StockholdersEquity
1004350000 USD
CY2015Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1053876000 USD
CY2016Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1007498000 USD
CY2016Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1015609000 USD
CY2017Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1004353000 USD
CY2016Q1 us-gaap Straight Line Rent
StraightLineRent
5593000 USD
CY2017Q1 us-gaap Unrealized Gain Loss On Cash Flow Hedging Instruments
UnrealizedGainLossOnCashFlowHedgingInstruments
728000 USD
CY2016Q4 us-gaap Unsecured Debt
UnsecuredDebt
688246000 USD
CY2017Q1 us-gaap Unsecured Debt
UnsecuredDebt
688879000 USD
CY2016Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
65248203 shares
CY2017Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
65920486 shares
CY2016Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
65248203 shares
CY2017Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
65354649 shares
CY2017Q1 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:12px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of the condensed consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported in the condensed consolidated financial statements and accompanying notes. Actual results could materially differ from those estimates.</font></div></div>

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