2019 Q4 Form 10-Q Financial Statement

#000165072919000021 Filed on October 30, 2019

View on sec.gov

Income Statement

Concept 2019 Q4 2019 Q3 2018 Q4
Revenue $535.0M $652.8M $474.6M
YoY Change 12.73% 12.84% -5.53%
Cost Of Revenue $365.0M $437.6M $325.9M
YoY Change 12.0% 12.93% -4.74%
Gross Profit $170.0M $215.2M $148.7M
YoY Change 14.32% 12.67% -7.24%
Gross Profit Margin 31.78% 32.97% 31.33%
Selling, General & Admin $165.1M $165.0M $150.1M
YoY Change 9.99% 8.7% 17.17%
% of Gross Profit 97.12% 76.67% 100.94%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $14.80M $14.60M $14.00M
YoY Change 5.71% 156.14% 197.87%
% of Gross Profit 8.71% 6.78% 9.41%
Operating Expenses $165.6M $165.0M $148.1M
YoY Change 11.82% 8.7% 15.61%
Operating Profit $4.400M $52.50M $600.0K
YoY Change 633.33% 26.51% -98.22%
Interest Expense -$7.500M $8.200M -$8.300M
YoY Change -9.64% -10.87% -233.87%
% of Operating Profit -170.45% 15.62% -1383.33%
Other Income/Expense, Net
YoY Change
Pretax Income -$3.100M $44.30M -$7.700M
YoY Change -59.74% 37.15% -127.9%
Income Tax -$5.600M $9.700M -$6.700M
% Of Pretax Income 21.9%
Net Earnings $2.500M $34.60M -$2.100M
YoY Change -219.05% 15.72% -112.43%
Net Earnings / Revenue 0.47% 5.3% -0.44%
Basic Earnings Per Share $0.84
Diluted Earnings Per Share $58.14K $0.81 -$51.34K
COMMON SHARES
Basic Shares Outstanding 41.38M shares 41.31M shares 40.84M shares
Diluted Shares Outstanding 42.84M shares

Balance Sheet

Concept 2019 Q4 2019 Q3 2018 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $19.00M $30.30M $17.30M
YoY Change 9.83% 77.19% -28.22%
Cash & Equivalents $19.00M $30.30M $17.30M
Short-Term Investments
Other Short-Term Assets $29.30M $39.60M $41.10M
YoY Change -28.71% 27.74% 24.17%
Inventory $427.1M $478.5M $411.7M
Prepaid Expenses
Receivables $283.4M $324.3M $285.3M
Other Receivables $7.000M $2.500M $10.00M
Total Short-Term Assets $765.8M $875.2M $765.4M
YoY Change 0.05% 7.64% 27.16%
LONG-TERM ASSETS
Property, Plant & Equipment $335.9M $99.90M $88.40M
YoY Change 279.98% 15.09% 17.09%
Goodwill $181.3M $170.2M $148.4M
YoY Change 22.17% 18.19% 39.34%
Intangibles $150.6M $149.3M $155.6M
YoY Change -3.21% -3.24% 37.94%
Long-Term Investments
YoY Change
Other Assets $7.800M $8.600M $10.10M
YoY Change -22.77% -31.2% -27.86%
Total Long-Term Assets $677.5M $652.0M $403.1M
YoY Change 68.07% 63.98% 30.54%
TOTAL ASSETS
Total Short-Term Assets $765.8M $875.2M $765.4M
Total Long-Term Assets $677.5M $652.0M $403.1M
Total Assets $1.443B $1.527B $1.169B
YoY Change 23.52% 26.14% 28.31%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $162.2M $209.1M $184.6M
YoY Change -12.13% 5.93% 48.75%
Accrued Expenses $49.10M $56.40M $45.10M
YoY Change 8.87% 6.21% 35.84%
Deferred Revenue $6.500M $7.500M $7.400M
YoY Change -12.16% -23.47%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $4.500M $4.500M $4.500M
YoY Change 0.0% 0.0% 28.57%
Total Short-Term Liabilities $310.8M $359.0M $282.4M
YoY Change 10.06% 19.91% 37.22%
LONG-TERM LIABILITIES
Long-Term Debt $520.4M $571.0M $553.7M
YoY Change -6.01% 0.23% 20.34%
Other Long-Term Liabilities $13.20M $12.80M $6.900M
YoY Change 91.3% 10.34% -58.93%
Total Long-Term Liabilities $533.6M $583.8M $560.6M
YoY Change -4.82% 0.43% 17.55%
TOTAL LIABILITIES
Total Short-Term Liabilities $310.8M $359.0M $282.4M
Total Long-Term Liabilities $533.6M $583.8M $560.6M
Total Liabilities $1.050B $1.143B $866.7M
YoY Change 21.16% 26.02% 24.19%
SHAREHOLDERS EQUITY
Retained Earnings $137.8M $135.3M $60.10M
YoY Change 129.28% 117.52% -498.01%
Common Stock $400.0K $400.0K $400.0K
YoY Change 0.0% 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $393.2M $384.7M $301.8M
YoY Change
Total Liabilities & Shareholders Equity $1.443B $1.527B $1.169B
YoY Change 23.52% 26.14% 28.31%

Cashflow Statement

Concept 2019 Q4 2019 Q3 2018 Q4
OPERATING ACTIVITIES
Net Income $2.500M $34.60M -$2.100M
YoY Change -219.05% 15.72% -112.43%
Depreciation, Depletion And Amortization $14.80M $14.60M $14.00M
YoY Change 5.71% 156.14% 197.87%
Cash From Operating Activities $66.40M $75.80M $36.40M
YoY Change 82.42% 511.29% 112.87%
INVESTING ACTIVITIES
Capital Expenditures -$4.100M -$4.000M -$3.800M
YoY Change 7.89% -43.66% -17.39%
Acquisitions
YoY Change
Other Investing Activities -$23.80M -$11.60M -$20.50M
YoY Change 16.1% -26.11% 184.72%
Cash From Investing Activities -$27.90M -$15.60M -$24.30M
YoY Change 14.81% -31.58% 105.93%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -49.80M -55.10M -18.10M
YoY Change 175.14% 1211.9% 1106.67%
NET CHANGE
Cash From Operating Activities 66.40M 75.80M 36.40M
Cash From Investing Activities -27.90M -15.60M -24.30M
Cash From Financing Activities -49.80M -55.10M -18.10M
Net Change In Cash -11.30M 5.100M -6.000M
YoY Change 88.33% -134.93% -257.89%
FREE CASH FLOW
Cash From Operating Activities $66.40M $75.80M $36.40M
Capital Expenditures -$4.100M -$4.000M -$3.800M
Free Cash Flow $70.50M $79.80M $40.20M
YoY Change 75.37% 309.23% 85.25%

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OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
1000000.0 USD
CY2018Q2 us-gaap Stock Issued During Period Value Share Based Compensation Gross
StockIssuedDuringPeriodValueShareBasedCompensationGross
900000 USD
CY2018Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
2100000 USD
CY2018Q2 us-gaap Stockholders Equity
StockholdersEquity
201100000 USD
CY2018Q3 us-gaap Net Income Loss
NetIncomeLoss
63100000 USD
CY2018Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
400000 USD
CY2018Q3 us-gaap Stock Issued During Period Value Share Based Compensation Gross
StockIssuedDuringPeriodValueShareBasedCompensationGross
2700000 USD
CY2018Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
2100000 USD
CY2018Q3 us-gaap Stockholders Equity
StockholdersEquity
269400000 USD
CY2018Q3 us-gaap Net Income Loss
NetIncomeLoss
29900000 USD
CY2018Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
600000 USD
CY2018Q3 us-gaap Stock Issued During Period Value Share Based Compensation Gross
StockIssuedDuringPeriodValueShareBasedCompensationGross
2300000 USD
CY2018Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1900000 USD
CY2018Q3 us-gaap Stockholders Equity
StockholdersEquity
304100000 USD
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
301800000 USD
CY2019Q1 us-gaap Net Income Loss
NetIncomeLoss
-24100000 USD
CY2019Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-2000000.0 USD
CY2019Q1 us-gaap Stock Issued During Period Value Share Based Compensation Gross
StockIssuedDuringPeriodValueShareBasedCompensationGross
200000 USD
CY2019Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1800000 USD
CY2019Q1 us-gaap Stockholders Equity
StockholdersEquity
277700000 USD
CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
64700000 USD
CY2019Q2 us-gaap Stock Issued During Period Value Share Based Compensation Gross
StockIssuedDuringPeriodValueShareBasedCompensationGross
2300000 USD
CY2019Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
5400000 USD
CY2019Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-3500000 USD
CY2019Q2 us-gaap Stockholders Equity
StockholdersEquity
346600000 USD
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
34600000 USD
CY2019Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-1000000.0 USD
CY2019Q3 us-gaap Stock Issued During Period Value Share Based Compensation Gross
StockIssuedDuringPeriodValueShareBasedCompensationGross
2000000.0 USD
CY2019Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
2500000 USD
CY2019Q3 us-gaap Stockholders Equity
StockholdersEquity
384700000 USD
us-gaap Net Income Loss
NetIncomeLoss
75200000 USD
us-gaap Net Income Loss
NetIncomeLoss
76000000.0 USD
site Finance Lease Rightof Use Asset Amortization And Depreciation
FinanceLeaseRightofUseAssetAmortizationAndDepreciation
18800000 USD
site Finance Lease Rightof Use Asset Amortization And Depreciation
FinanceLeaseRightofUseAssetAmortizationAndDepreciation
15700000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
9700000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
6100000 USD
site Amortizationof Softwareand Intangible Assets
AmortizationofSoftwareandIntangibleAssets
25900000 USD
site Amortizationof Softwareand Intangible Assets
AmortizationofSoftwareandIntangibleAssets
22600000 USD
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
1500000 USD
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
2400000 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-400000 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-700000 USD
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-200000 USD
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
300000 USD
us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
600000 USD
us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
-400000 USD
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
36100000 USD
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
67700000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
56900000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
58700000 USD
us-gaap Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
-7500000 USD
us-gaap Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
7600000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
3200000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
13300000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
19600000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
57600000 USD
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
1200000 USD
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
8600000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
64400000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
41700000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
16400000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
11500000 USD
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
900000 USD
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
4600000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
47300000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
126300000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-400000 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
600000 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
2600000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-64000000.0 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-139800000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
5100000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
6200000 USD
us-gaap Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
0 USD
us-gaap Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
447400000 USD
us-gaap Repayments Of Senior Debt
RepaymentsOfSeniorDebt
3400000 USD
us-gaap Repayments Of Senior Debt
RepaymentsOfSeniorDebt
350300000 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
264900000 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
336600000 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
245200000 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
323800000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
900000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
2400000 USD
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
4800000 USD
us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
4600000 USD
us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
2700000 USD
us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
3800000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-500000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
12500000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
104900000 USD
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
100000 USD
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-100000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
13000000.0 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
6700000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
17300000 USD
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
16700000 USD
CY2019Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
30300000 USD
CY2018Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
23400000 USD
us-gaap Interest Paid Net
InterestPaidNet
23000000.0 USD
us-gaap Interest Paid Net
InterestPaidNet
19300000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
12900000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
14500000 USD
CY2019Q3 us-gaap Number Of Stores
NumberOfStores
550 store
us-gaap Use Of Estimates
UseOfEstimates
<div style="line-height:120%;padding-bottom:8px;padding-top:16px;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Use of Estimates</span></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">The preparation of consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported and disclosed in the financial statements and accompanying notes. Actual results could differ materially from these estimates.</span></div>
us-gaap Fiscal Period
FiscalPeriod
<div style="line-height:120%;padding-bottom:8px;padding-top:16px;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Fiscal Year</span></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">The Company’s fiscal year is a 52- or 53-week period ending on the Sunday nearest to December 31. The fiscal year ending </span><span style="font-family:inherit;font-size:10pt;">December 29, 2019</span><span style="font-family:inherit;font-size:10pt;"> and the fiscal year ended </span><span style="font-family:inherit;font-size:10pt;">December 30, 2018</span><span style="font-family:inherit;font-size:10pt;"> both include 52 weeks. The three months ended </span><span style="font-family:inherit;font-size:10pt;">September 29, 2019</span><span style="font-family:inherit;font-size:10pt;"> and </span><span style="font-family:inherit;font-size:10pt;">September 30, 2018</span><span style="font-family:inherit;font-size:10pt;"> both include </span><span style="font-family:inherit;font-size:10pt;">13</span><span style="font-family:inherit;font-size:10pt;"> weeks. The </span><span style="font-family:inherit;font-size:10pt;">nine</span><span style="font-family:inherit;font-size:10pt;"> months ended </span><span style="font-family:inherit;font-size:10pt;">September 29, 2019</span><span style="font-family:inherit;font-size:10pt;"> and </span><span style="font-family:inherit;font-size:10pt;">September 30, 2018</span><span style="font-family:inherit;font-size:10pt;"> both include </span><span style="font-family:inherit;font-size:10pt;">39</span><span style="font-family:inherit;font-size:10pt;"> weeks. </span></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div>
CY2018Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
41100000 USD
CY2018Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
36400000 USD
CY2018Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
203800000 USD
CY2018Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
10700000 USD
CY2018Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
10100000 USD
CY2018Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
46000000.0 USD
CY2018Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
45100000 USD
CY2018Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
40900000 USD
CY2018Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
14000000.0 USD
CY2018Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
6900000 USD
CY2018Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
165600000 USD
CY2019Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
652800000 USD
CY2018Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
578500000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1822500000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1637700000 USD
CY2019Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
7500000 USD
CY2019Q3 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P12M
CY2019Q3 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
7500000 USD
CY2018Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
7400000 USD
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
6000000.0 USD
us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
46400000 USD
us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
127200000 USD
CY2019Q3 us-gaap Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
4700000 USD
CY2018Q3 us-gaap Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
5700000 USD
CY2019Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
184400000 USD
CY2018Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
156700000 USD
CY2019Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
84500000 USD
CY2018Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
68300000 USD
CY2019Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
99900000 USD
CY2018Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
88400000 USD
CY2019Q3 site Finance Lease Rightof Use Asset Amortization And Depreciation
FinanceLeaseRightofUseAssetAmortizationAndDepreciation
6000000.0 USD
site Finance Lease Rightof Use Asset Amortization And Depreciation
FinanceLeaseRightofUseAssetAmortizationAndDepreciation
18800000 USD
CY2018Q3 site Finance Lease Rightof Use Asset Amortization And Depreciation
FinanceLeaseRightofUseAssetAmortizationAndDepreciation
5700000 USD
site Finance Lease Rightof Use Asset Amortization And Depreciation
FinanceLeaseRightofUseAssetAmortizationAndDepreciation
15700000 USD
CY2018Q4 us-gaap Goodwill
Goodwill
148400000 USD
us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
18600000 USD
us-gaap Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
3200000 USD
CY2019Q3 us-gaap Goodwill
Goodwill
170200000 USD
CY2019Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
275700000 USD
CY2019Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
126400000 USD
CY2019Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
149300000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
257600000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
102000000.0 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
155600000 USD
CY2019Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
8100000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
24400000 USD
CY2018Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
7900000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
21000000.0 USD
CY2019Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
7900000 USD
CY2019Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
27500000 USD
CY2019Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
22900000 USD
CY2019Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
18800000 USD
CY2019Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
15000000.0 USD
CY2019Q3 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
57200000 USD
CY2019Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
149300000 USD
CY2019Q3 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
1500000 USD
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
5000000.0 USD
CY2019Q3 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
200000 USD
us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
600000 USD
CY2019Q3 us-gaap Short Term Lease Cost
ShortTermLeaseCost
400000 USD
us-gaap Short Term Lease Cost
ShortTermLeaseCost
1200000 USD
CY2019Q3 us-gaap Variable Lease Cost
VariableLeaseCost
100000 USD
us-gaap Variable Lease Cost
VariableLeaseCost
500000 USD
CY2019Q3 us-gaap Sublease Income
SubleaseIncome
200000 USD
us-gaap Sublease Income
SubleaseIncome
400000 USD
CY2019Q3 us-gaap Lease Cost
LeaseCost
18500000 USD
us-gaap Lease Cost
LeaseCost
54300000 USD
CY2019Q3 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
200000 USD
us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
600000 USD
CY2019Q3 us-gaap Operating Lease Payments
OperatingLeasePayments
15900000 USD
us-gaap Operating Lease Payments
OperatingLeasePayments
46300000 USD
CY2019Q3 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
1500000 USD
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
4800000 USD
CY2019Q3 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
4500000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
11300000 USD
CY2019Q3 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
23400000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
57200000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
10200000 USD
CY2019Q3 us-gaap Finance Lease Liability Payments Remainder Of Fiscal Year
FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear
1800000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
58500000 USD
CY2019Q3 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
6700000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
49900000 USD
CY2019Q3 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
6000000.0 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
39700000 USD
CY2019Q3 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
4500000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
30000000.0 USD
CY2019Q3 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
2700000 USD
CY2019Q3 site Lessee Operating Lease Liability Payments Due Year Six
LesseeOperatingLeaseLiabilityPaymentsDueYearSix
21200000 USD
CY2019Q3 site Finance Lease Liability Payments Due Year Six
FinanceLeaseLiabilityPaymentsDueYearSix
800000 USD
CY2019Q3 site Lessee Operating Lease Liability Payments Due After Year Six
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearSix
75000000.0 USD
CY2019Q3 site Finance Lease Liability Payments Due After Year Six
FinanceLeaseLiabilityPaymentsDueAfterYearSix
100000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
284500000 USD
CY2019Q3 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
22600000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
57000000.0 USD
CY2019Q3 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
1800000 USD
CY2019Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
227500000 USD
CY2019Q3 us-gaap Finance Lease Liability
FinanceLeaseLiability
20800000 USD
CY2019Q3 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P3Y8M12D
CY2019Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P6Y10M24D
CY2019Q3 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.047
CY2019Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.059
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
54100000 USD
CY2018Q4 us-gaap Capital Leases Future Minimum Payments Due Current
CapitalLeasesFutureMinimumPaymentsDueCurrent
5800000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
45300000 USD
CY2018Q4 us-gaap Capital Leases Future Minimum Payments Due In Two Years
CapitalLeasesFutureMinimumPaymentsDueInTwoYears
4300000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
37700000 USD
CY2018Q4 us-gaap Capital Leases Future Minimum Payments Due In Three Years
CapitalLeasesFutureMinimumPaymentsDueInThreeYears
3600000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
28200000 USD
CY2018Q4 us-gaap Capital Leases Future Minimum Payments Due In Four Years
CapitalLeasesFutureMinimumPaymentsDueInFourYears
1900000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
20200000 USD
CY2018Q4 us-gaap Capital Leases Future Minimum Payments Due In Five Years
CapitalLeasesFutureMinimumPaymentsDueInFiveYears
400000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
71400000 USD
CY2018Q4 us-gaap Capital Leases Future Minimum Payments Due Thereafter
CapitalLeasesFutureMinimumPaymentsDueThereafter
0 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
256900000 USD
CY2018Q4 us-gaap Capital Leases Future Minimum Payments Due
CapitalLeasesFutureMinimumPaymentsDue
16000000.0 USD
CY2018Q4 us-gaap Capital Leases Future Minimum Payments Interest Included In Payments
CapitalLeasesFutureMinimumPaymentsInterestIncludedInPayments
1300000 USD
CY2018Q4 us-gaap Capital Leases Future Minimum Payments Present Value Of Net Minimum Payments
CapitalLeasesFutureMinimumPaymentsPresentValueOfNetMinimumPayments
14700000 USD
CY2019Q3 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
2000000.0 USD
us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
6700000 USD
CY2018Q3 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
1900000 USD
us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
5800000 USD
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
2463500 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
295500 shares
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
443900 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
95500 shares
CY2019Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
2219600 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
16.09
CY2019Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2500000 USD
CY2018Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1900000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
9700000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
6100000 USD
CY2019Q3 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
585700000 USD
CY2018Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
569300000 USD
CY2019Q3 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
10200000 USD
CY2019Q3 us-gaap Accrual For Environmental Loss Contingencies Gross
AccrualForEnvironmentalLossContingenciesGross
3700000 USD
CY2018Q4 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
11100000 USD
CY2019Q3 us-gaap Long Term Debt
LongTermDebt
575500000 USD
CY2018Q4 us-gaap Long Term Debt
LongTermDebt
558200000 USD
CY2019Q3 us-gaap Long Term Debt Current
LongTermDebtCurrent
4500000 USD
CY2018Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
4500000 USD
CY2019Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
571000000.0 USD
CY2018Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
553700000 USD
CY2019Q3 us-gaap Interest Expense
InterestExpense
8200000 USD
us-gaap Interest Expense
InterestExpense
25900000 USD
CY2019Q3 us-gaap Interest Expense Debt
InterestExpenseDebt
7500000 USD
us-gaap Interest Expense Debt
InterestExpenseDebt
23400000 USD
CY2019Q3 us-gaap Write Off Of Deferred Debt Issuance Cost
WriteOffOfDeferredDebtIssuanceCost
0.0 USD
us-gaap Write Off Of Deferred Debt Issuance Cost
WriteOffOfDeferredDebtIssuanceCost
400000 USD
CY2019Q3 site Capitalized Debt Issuance Costs
CapitalizedDebtIssuanceCosts
0.0 USD
site Capitalized Debt Issuance Costs
CapitalizedDebtIssuanceCosts
900000 USD
CY2019Q3 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
500000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
1500000 USD
CY2019Q3 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
200000 USD
us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
600000 USD
CY2018Q3 us-gaap Interest Expense
InterestExpense
9200000 USD
us-gaap Interest Expense
InterestExpense
23800000 USD
CY2018Q3 us-gaap Interest Expense Debt
InterestExpenseDebt
7300000 USD
us-gaap Interest Expense Debt
InterestExpenseDebt
19600000 USD
CY2018Q3 us-gaap Write Off Of Deferred Debt Issuance Cost
WriteOffOfDeferredDebtIssuanceCost
700000 USD
us-gaap Write Off Of Deferred Debt Issuance Cost
WriteOffOfDeferredDebtIssuanceCost
700000 USD
CY2018Q3 site Capitalized Debt Issuance Costs
CapitalizedDebtIssuanceCosts
2400000 USD
site Capitalized Debt Issuance Costs
CapitalizedDebtIssuanceCosts
2400000 USD
CY2018Q3 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
700000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
2400000 USD
CY2018Q3 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
500000 USD
us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
1100000 USD
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.205
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.083
us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
-5900000 USD
us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
-15300000 USD
CY2018Q4 us-gaap Accrual For Environmental Loss Contingencies Gross
AccrualForEnvironmentalLossContingenciesGross
3700000 USD
site Site Contingency Maximum Loss Exposure Best Estimate
SiteContingencyMaximumLossExposureBestEstimate
2400000 USD
CY2019Q3 site Site Contingency Amountof Indemnification Asset
SiteContingencyAmountofIndemnificationAsset
1300000 USD
CY2018Q4 site Site Contingency Amountof Indemnification Asset
SiteContingencyAmountofIndemnificationAsset
1300000 USD
CY2019Q3 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
5300000 USD
CY2018Q4 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
4500000 USD
CY2019Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1527144 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1557962 shares
CY2018Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
2082315 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
2289119 shares

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