2017 Q4 Form 10-Q Financial Statement

#000008820517000024 Filed on November 03, 2017

View on sec.gov

Income Statement

Concept 2017 Q4 2017 Q3 2016 Q4
Revenue $387.0M $349.7M $395.3M
YoY Change -2.1% -5.84% 13.2%
Cost Of Revenue $306.1M $263.4M $264.2M
YoY Change 15.86% -6.03% 7.09%
Gross Profit $80.90M $85.10M $114.0M
YoY Change -29.04% -6.59% 11.22%
Gross Profit Margin 20.9% 24.34% 28.84%
Selling, General & Admin $78.40M $64.40M $68.50M
YoY Change 14.45% -11.54% 4.74%
% of Gross Profit 96.91% 75.68% 60.09%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $6.300M $6.300M $7.500M
YoY Change -16.0% -16.0% 29.31%
% of Gross Profit 7.79% 7.4% 6.58%
Operating Expenses $78.50M $64.40M $68.50M
YoY Change 14.6% -11.54% 2.7%
Operating Profit $2.400M $29.70M $11.30M
YoY Change -78.76% 115.22% -68.44%
Interest Expense -$3.800M $4.300M $3.800M
YoY Change -200.0% 13.16% -208.57%
% of Operating Profit -158.33% 14.48% 33.63%
Other Income/Expense, Net $1.100M $1.200M $900.0K
YoY Change 22.22% 1100.0% -127.27%
Pretax Income -$1.900M $26.80M $7.100M
YoY Change -126.76% 160.19% -81.27%
Income Tax -$73.70M $4.800M $500.0K
% Of Pretax Income 17.91% 7.04%
Net Earnings $58.60M $22.30M -$86.10M
YoY Change -168.06% 457.5% 806.32%
Net Earnings / Revenue 15.14% 6.38% -21.78%
Basic Earnings Per Share $1.38 $0.52 -$2.06
Diluted Earnings Per Share $1.32 $0.51 -$2.06
COMMON SHARES
Basic Shares Outstanding 42.61M shares 42.54M shares 41.72M shares
Diluted Shares Outstanding 44.06M shares 42.48M shares

Balance Sheet

Concept 2017 Q4 2017 Q3 2016 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $124.3M $83.50M $83.40M
YoY Change 49.04% -18.14% -17.75%
Cash & Equivalents $124.3M $87.20M $99.60M
Short-Term Investments
Other Short-Term Assets $97.70M $39.60M $30.60M
YoY Change 219.28% 9.39% 11.68%
Inventory $143.0M $165.6M $145.7M
Prepaid Expenses
Receivables $267.5M $266.6M $251.7M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $632.5M $559.0M $527.6M
YoY Change 19.88% -15.33% -32.56%
LONG-TERM ASSETS
Property, Plant & Equipment $186.6M $188.8M $195.5M
YoY Change -4.55% -11.53% -4.77%
Goodwill $345.9M $345.4M $340.4M
YoY Change 1.62% 0.49% -3.71%
Intangibles $117.6M $117.7M $117.9M
YoY Change -0.25% -19.55% -23.54%
Long-Term Investments
YoY Change
Other Assets $706.9M $675.0M $680.5M
YoY Change 3.88% 8.26% 8.43%
Total Long-Term Assets $1.408B $1.374B $1.385B
YoY Change 1.66% -0.36% -0.87%
TOTAL ASSETS
Total Short-Term Assets $632.5M $559.0M $527.6M
Total Long-Term Assets $1.408B $1.374B $1.385B
Total Assets $2.040B $1.933B $1.913B
YoY Change 6.69% -5.2% -12.24%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $159.7M $143.3M $137.6M
YoY Change 16.06% -3.7% -12.36%
Accrued Expenses $292.6M $284.3M $304.3M
YoY Change -3.84% -25.81% -13.01%
Deferred Revenue $0.00
YoY Change
Short-Term Debt $7.000M $39.00M $14.80M
YoY Change -52.7% 81.4% -33.03%
Long-Term Debt Due $500.0K $18.00M $17.90M
YoY Change -97.21% 0.56% 96.7%
Total Short-Term Liabilities $461.0M $486.0M $476.3M
YoY Change -3.21% -15.57% -27.26%
LONG-TERM LIABILITIES
Long-Term Debt $349.3M $315.4M $331.2M
YoY Change 5.46% -5.71% -3.33%
Other Long-Term Liabilities $885.8M $841.2M $878.7M
YoY Change 0.81% 4.17% 8.23%
Total Long-Term Liabilities $1.265B $1.192B $1.245B
YoY Change 1.61% 0.09% 2.34%
TOTAL LIABILITIES
Total Short-Term Liabilities $461.0M $486.0M $476.3M
Total Long-Term Liabilities $1.265B $1.192B $1.245B
Total Liabilities $1.726B $1.678B $1.721B
YoY Change 0.28% -5.01% -8.02%
SHAREHOLDERS EQUITY
Retained Earnings -$742.3M -$800.9M -$831.6M
YoY Change -10.74% -187.55% -192.63%
Common Stock $1.310B $1.306B $1.308B
YoY Change 0.15% -49.45% -50.64%
Preferred Stock
YoY Change
Treasury Stock (at cost) $503.4M $503.6M $520.3M
YoY Change -3.25% -85.48% -85.08%
Treasury Stock Shares 8.535M shares 8.540M shares 8.815M shares
Shareholders Equity $314.7M $208.7M $191.6M
YoY Change
Total Liabilities & Shareholders Equity $2.040B $1.933B $1.913B
YoY Change 6.69% -5.2% -12.24%

Cashflow Statement

Concept 2017 Q4 2017 Q3 2016 Q4
OPERATING ACTIVITIES
Net Income $58.60M $22.30M -$86.10M
YoY Change -168.06% 457.5% 806.32%
Depreciation, Depletion And Amortization $6.300M $6.300M $7.500M
YoY Change -16.0% -16.0% 29.31%
Cash From Operating Activities $56.10M -$17.10M -$6.200M
YoY Change -1004.84% -175.0% -108.21%
INVESTING ACTIVITIES
Capital Expenditures -$2.600M -$2.600M -$4.100M
YoY Change -36.59% 0.0% 28.13%
Acquisitions
YoY Change
Other Investing Activities -$300.0K $0.00 $1.700M
YoY Change -117.65% -100.0% -189.47%
Cash From Investing Activities -$2.900M -$2.600M -$2.400M
YoY Change 20.83% -33.33% -52.94%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -15.20M 12.90M -10.90M
YoY Change 39.45% -177.71% -78.79%
NET CHANGE
Cash From Operating Activities 56.10M -17.10M -6.200M
Cash From Investing Activities -2.900M -2.600M -2.400M
Cash From Financing Activities -15.20M 12.90M -10.90M
Net Change In Cash 38.00M -6.800M -19.50M
YoY Change -294.87% -395.65% -202.63%
FREE CASH FLOW
Cash From Operating Activities $56.10M -$17.10M -$6.200M
Capital Expenditures -$2.600M -$2.600M -$4.100M
Free Cash Flow $58.70M -$14.50M -$2.100M
YoY Change -2895.24% -157.09% -102.67%

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177700000 USD
CY2016Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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13700000 USD
CY2017Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
14200000 USD
CY2016Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
20700000 USD
CY2017Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
19800000 USD
CY2016Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
7000000 USD
CY2017Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
5600000 USD
CY2016Q4 us-gaap Gain Loss On Contract Termination
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0 USD
us-gaap Gain Loss On Contract Termination
GainLossOnContractTermination
0 USD
CY2016Q4 us-gaap Goodwill
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340400000 USD
CY2017Q3 us-gaap Gain Loss On Contract Termination
GainLossOnContractTermination
10200000 USD
us-gaap Gain Loss On Contract Termination
GainLossOnContractTermination
10200000 USD
CY2017Q3 us-gaap Goodwill
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345400000 USD
CY2016Q4 us-gaap Goodwill Gross
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824300000 USD
CY2017Q3 us-gaap Goodwill Gross
GoodwillGross
837400000 USD
CY2016Q4 us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
1700000 USD
us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
18400000 USD
CY2017Q3 us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
0 USD
us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
0 USD
CY2016Q4 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-1300000 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-1300000 USD
CY2017Q3 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
CY2016Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
483900000 USD
CY2017Q3 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
492000000 USD
CY2016Q4 us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
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0 USD
us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill
4000000 USD
CY2017Q3 us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill
0 USD
us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill
0 USD
CY2016Q4 us-gaap Income Loss From Continuing Operations
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6600000 USD
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
15600000 USD
CY2017Q3 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
22000000 USD
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
24000000 USD
CY2016Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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7100000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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43400000 USD
CY2017Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
26800000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
38000000 USD
CY2016Q4 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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6600000 USD
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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33300000 USD
CY2017Q3 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
22000000 USD
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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24000000 USD
CY2016Q4 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.16
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.38
CY2017Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.51
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.56
CY2016Q4 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.16
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.37
CY2017Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.50
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.55
CY2016Q4 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-4700000 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-14800000 USD
CY2017Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
300000 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
6700000 USD
CY2016Q4 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
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-4700000 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
-14800000 USD
CY2017Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
300000 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
6700000 USD
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
347000 shares
CY2017Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1524000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1381000 shares
CY2016Q4 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
-0.12
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
-0.36
CY2017Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.01
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.16
CY2016Q4 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-0.12
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-0.35
CY2017Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.01
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.15
CY2016Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
500000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
10100000 USD
CY2017Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4800000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
14000000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-126400000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-31600000 USD
us-gaap Increase Decrease In Accounts Receivable And Other Operating Assets
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-53800000 USD
us-gaap Increase Decrease In Accounts Receivable And Other Operating Assets
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18000000 USD
us-gaap Increase Decrease In Inventories
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11200000 USD
us-gaap Increase Decrease In Inventories
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17200000 USD
CY2016Q4 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
754000 shares
CY2016Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
131600000 USD
CY2017Q3 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
131900000 USD
CY2016Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
117900000 USD
CY2017Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
117700000 USD
CY2016Q4 us-gaap Interest Expense
InterestExpense
3800000 USD
us-gaap Interest Expense
InterestExpense
11100000 USD
CY2017Q3 us-gaap Interest Expense
InterestExpense
4300000 USD
us-gaap Interest Expense
InterestExpense
12900000 USD
CY2016Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
43000000 USD
CY2017Q3 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
48300000 USD
CY2016Q4 us-gaap Inventory Lifo Reserve
InventoryLIFOReserve
12200000 USD
CY2017Q3 us-gaap Inventory Lifo Reserve
InventoryLIFOReserve
12100000 USD
CY2016Q4 us-gaap Inventory Net
InventoryNet
145700000 USD
CY2017Q3 us-gaap Inventory Net
InventoryNet
165600000 USD
CY2016Q4 us-gaap Inventory Raw Materials And Purchased Parts Net Of Reserves
InventoryRawMaterialsAndPurchasedPartsNetOfReserves
64900000 USD
CY2017Q3 us-gaap Inventory Raw Materials And Purchased Parts Net Of Reserves
InventoryRawMaterialsAndPurchasedPartsNetOfReserves
69100000 USD
CY2016Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
50000000 USD
CY2017Q3 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
60300000 USD
CY2016Q4 us-gaap Investment Income Interest
InvestmentIncomeInterest
0 USD
us-gaap Investment Income Interest
InvestmentIncomeInterest
400000 USD
CY2017Q3 us-gaap Investment Income Interest
InvestmentIncomeInterest
200000 USD
us-gaap Investment Income Interest
InvestmentIncomeInterest
900000 USD
CY2016Q4 us-gaap Land
Land
15400000 USD
CY2017Q3 us-gaap Land
Land
15600000 USD
CY2016Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1912500000 USD
CY2017Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1932800000 USD
us-gaap Net Cash Provided By Used In Financing Activities
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CY2016Q4 us-gaap Liabilities Current
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476300000 USD
CY2017Q3 us-gaap Liabilities Current
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486000000 USD
CY2016Q4 us-gaap Liabilities Noncurrent
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1244600000 USD
CY2017Q3 us-gaap Liabilities Noncurrent
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1191800000 USD
CY2016Q4 us-gaap Liability For Asbestos And Environmental Claims Gross
LiabilityForAsbestosAndEnvironmentalClaimsGross
605600000 USD
CY2017Q3 us-gaap Liability For Asbestos And Environmental Claims Gross
LiabilityForAsbestosAndEnvironmentalClaimsGross
602000000 USD
us-gaap Liability For Asbestos And Environmental Claims Gross Incurred Loss1
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3000000 USD
CY2016Q4 us-gaap Liability For Asbestos And Environmental Claims Net Payment For Claims
LiabilityForAsbestosAndEnvironmentalClaimsNetPaymentForClaims
0 USD
us-gaap Liability For Asbestos And Environmental Claims Net Payment For Claims
LiabilityForAsbestosAndEnvironmentalClaimsNetPaymentForClaims
3000000 USD
CY2017Q3 us-gaap Liability For Asbestos And Environmental Claims Net Payment For Claims
LiabilityForAsbestosAndEnvironmentalClaimsNetPaymentForClaims
4700000 USD
us-gaap Liability For Asbestos And Environmental Claims Net Payment For Claims
LiabilityForAsbestosAndEnvironmentalClaimsNetPaymentForClaims
3100000 USD
CY2016Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
323500000 USD
CY2017Q3 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
311000000 USD
CY2016Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
17900000 USD
CY2017Q3 us-gaap Long Term Debt Current
LongTermDebtCurrent
18000000 USD
CY2016Q4 us-gaap Loss Contingency Accrual At Carrying Value
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653500000 USD
CY2017Q3 us-gaap Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
646700000 USD
CY2016Q4 us-gaap Loss Contingency Accrual Carrying Value Noncurrent
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621000000 USD
CY2017Q3 us-gaap Loss Contingency Accrual Carrying Value Noncurrent
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613800000 USD
CY2016Q4 us-gaap Machinery And Equipment Gross
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329800000 USD
CY2017Q3 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
335200000 USD
us-gaap Minority Interest Change In Redemption Value
MinorityInterestChangeInRedemptionValue
-17300000 USD
us-gaap Minority Interest Change In Redemption Value
MinorityInterestChangeInRedemptionValue
0 USD
us-gaap Net Cash Provided By Used In Financing Activities
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9000000 USD
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
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-13100000 USD
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
9000000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
37600000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
39900000 USD
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-8400000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-45600000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
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us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
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-11300000 USD
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
-2400000 USD
CY2016Q4 us-gaap Net Income Loss
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1900000 USD
us-gaap Net Income Loss
NetIncomeLoss
18900000 USD
CY2017Q3 us-gaap Net Income Loss
NetIncomeLoss
22300000 USD
us-gaap Net Income Loss
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30700000 USD
CY2016Q4 us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
0 USD
us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
-400000 USD
CY2017Q3 us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
0 USD
us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
0 USD
CY2016Q4 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
1900000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
800000 USD
CY2017Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
22300000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
30700000 USD
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 segment
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2000000 USD
CY2016Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
11300000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
53200000 USD
CY2017Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
31200000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
53100000 USD
CY2016Q4 us-gaap Other Assets Current
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30600000 USD
CY2017Q3 us-gaap Other Assets Current
OtherAssetsCurrent
39600000 USD
CY2016Q4 us-gaap Other Assets Noncurrent
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680500000 USD
CY2017Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
675000000 USD
CY2016Q4 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
500000 USD
us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
700000 USD
CY2017Q3 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
500000 USD
us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
300000 USD
CY2016Q4 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax
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us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax
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CY2017Q3 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax
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us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax
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CY2016Q4 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
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CY2017Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
2400000 USD
CY2016Q4 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
100000 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
400000 USD
CY2017Q3 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-16200000 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-15900000 USD
CY2016Q4 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
200000 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
300000 USD
CY2017Q3 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
-10300000 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
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CY2016Q4 us-gaap Other Liabilities Noncurrent
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878700000 USD
CY2017Q3 us-gaap Other Liabilities Noncurrent
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841200000 USD
us-gaap Other Noncash Income Expense
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us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
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CY2016Q4 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
900000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
2200000 USD
CY2017Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
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us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
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us-gaap Payments For Restructuring
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1800000 USD
us-gaap Payments For Restructuring
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1400000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
1600000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
1100000 USD
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
7800000 USD
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
8400000 USD
us-gaap Pension And Other Postretirement Benefit Expense
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11900000 USD
us-gaap Pension And Other Postretirement Benefit Expense
PensionAndOtherPostretirementBenefitExpense
8300000 USD
CY2016Q4 us-gaap Percentage Of Lifo Inventory
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0.51
CY2017Q3 us-gaap Percentage Of Lifo Inventory
PercentageOfLIFOInventory
0.60
CY2016Q4 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
0 USD
us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
18100000 USD
CY2017Q3 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
0 USD
us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
0 USD
us-gaap Proceeds From Issuance Of Debt
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142000000 USD
us-gaap Proceeds From Payments For Other Financing Activities
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us-gaap Proceeds From Payments For Other Financing Activities
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-7800000 USD
us-gaap Proceeds From Sale Of Productive Assets
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47700000 USD
us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
0 USD
CY2015Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
36300000 USD
CY2016Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
34900000 USD
CY2016Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
35800000 USD
CY2017Q3 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
34200000 USD
CY2016Q4 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
15700000 USD
CY2017Q3 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
14200000 USD
CY2016Q4 us-gaap Product Warranty Accrual Noncurrent
ProductWarrantyAccrualNoncurrent
19200000 USD
CY2017Q3 us-gaap Product Warranty Accrual Noncurrent
ProductWarrantyAccrualNoncurrent
20000000 USD
us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
11600000 USD
us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
11500000 USD
us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
10600000 USD
us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
9700000 USD
CY2016Q4 us-gaap Profit Loss
ProfitLoss
1900000 USD
us-gaap Profit Loss
ProfitLoss
18500000 USD
CY2017Q3 us-gaap Profit Loss
ProfitLoss
22300000 USD
us-gaap Profit Loss
ProfitLoss
30700000 USD
CY2016Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
462500000 USD
CY2017Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
470500000 USD
CY2016Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
195500000 USD
CY2017Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
188800000 USD
us-gaap Repayments Of Debt
RepaymentsOfDebt
131900000 USD
CY2016Q4 us-gaap Restricted Stock Value Shares Issued Net Of Tax Withholdings
RestrictedStockValueSharesIssuedNetOfTaxWithholdings
0 USD
us-gaap Restricted Stock Value Shares Issued Net Of Tax Withholdings
RestrictedStockValueSharesIssuedNetOfTaxWithholdings
-3200000 USD
CY2017Q3 us-gaap Restricted Stock Value Shares Issued Net Of Tax Withholdings
RestrictedStockValueSharesIssuedNetOfTaxWithholdings
-100000 USD
us-gaap Restricted Stock Value Shares Issued Net Of Tax Withholdings
RestrictedStockValueSharesIssuedNetOfTaxWithholdings
-3700000 USD
CY2016Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-831600000 USD
CY2017Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-800900000 USD
CY2016Q4 us-gaap Sales Revenue Net
SalesRevenueNet
345000000 USD
us-gaap Sales Revenue Net
SalesRevenueNet
1077000000 USD
CY2017Q3 us-gaap Sales Revenue Net
SalesRevenueNet
348500000 USD
us-gaap Sales Revenue Net
SalesRevenueNet
1038800000 USD
CY2016Q4 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
68500000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
215600000 USD
CY2017Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
62900000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
203900000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
10200000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
10400000 USD
CY2016Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
14800000 USD
CY2017Q3 us-gaap Short Term Borrowings
ShortTermBorrowings
39000000 USD
us-gaap Standard And Extended Product Warranty Accrual Foreign Currency Translation Gain Loss
StandardAndExtendedProductWarrantyAccrualForeignCurrencyTranslationGainLoss
400000 USD
us-gaap Standard And Extended Product Warranty Accrual Foreign Currency Translation Gain Loss
StandardAndExtendedProductWarrantyAccrualForeignCurrencyTranslationGainLoss
-200000 USD
CY2015Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
308300000 USD
CY2016Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
272600000 USD
CY2016Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
273400000 USD
CY2016Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
191600000 USD
CY2017Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
208700000 USD
CY2017Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
255000000 USD
CY2016Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
8814690 shares
CY2017Q3 us-gaap Treasury Stock Shares
TreasuryStockShares
8539985 shares
CY2016Q4 us-gaap Treasury Stock Value
TreasuryStockValue
520300000 USD
CY2017Q3 us-gaap Treasury Stock Value
TreasuryStockValue
503600000 USD
CY2017Q3 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
32600000 USD
us-gaap Unrecognized Tax Benefits Income Tax Penalties Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesExpense
0 USD
CY2017Q3 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Accrued
UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued
4200000 USD
CY2017Q3 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
16300000 USD
CY2016Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
42475000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
41884000 shares
CY2017Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
44064000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
43728000 shares
CY2016Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
41721000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
41537000 shares
CY2017Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
42540000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
42347000 shares
us-gaap Fiscal Period
FiscalPeriod
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">We establish actual interim closing dates using a fiscal calendar, which requires our businesses to close their books on the Saturday closest to the end of the first calendar quarter, with the second and third quarters being 91 days in length. Our fourth quarter ends on December&#160;31. The interim closing dates for the first, second and third quarters of 2017 are April&#160;1, July&#160;1 and September&#160;30, compared to the respective April&#160;2, July&#160;2 and October 1, 2016 dates. We had two fewer days in the first quarter of 2017 and will have one more day in the fourth quarter of 2017 than in the respective 2016 periods. We do not believe the two fewer days during the first quarter of 2017 had a material impact on our consolidated operating results for the first nine months of 2017, when compared to the consolidated operating results for the respective 2016 period.</font></div></div>
us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Other</font></div><div style="line-height:120%;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Preparing financial statements requires us to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenues and expenses. Actual results could differ from these estimates. The unaudited information included in this Quarterly Report on Form&#160;10-Q should be read in conjunction with the consolidated financial statements contained in our Annual Report on Form&#160;10-K for the year ended December 31, 2016. Interim results are not necessarily indicative of full year results. We have reclassified certain prior year amounts, including the results of discontinued operations, to conform to the current year presentation. Unless otherwise indicated, amounts provided in these Notes pertain to continuing operations only.</font></div></div>

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