2018 Q4 Form 10-K Financial Statement

#000087688319000004 Filed on March 18, 2019

View on sec.gov

Income Statement

Concept 2018 Q4 2018 2017 Q4
Revenue $392.5M $1.475B $402.7M
YoY Change -2.53% -2.56% 3.15%
Cost Of Revenue $256.1M $991.2M $268.7M
YoY Change -4.68% -3.15% 3.26%
Gross Profit $136.5M $483.9M $134.1M
YoY Change 1.78% -1.31% 2.94%
Gross Profit Margin 34.76% 32.8% 33.29%
Selling, General & Admin $78.90M $349.1M $59.10M
YoY Change 33.5% 12.43% -18.37%
% of Gross Profit 57.82% 72.14% 44.08%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $11.00M $27.11M $10.60M
YoY Change 3.77% 13.56% -14.52%
% of Gross Profit 8.06% 5.6% 7.91%
Operating Expenses $89.90M $395.3M $69.70M
YoY Change 28.98% 11.68% -17.81%
Operating Profit $46.56M $1.434M $64.37M
YoY Change -27.67% -98.9% 41.64%
Interest Expense -$30.40M -$90.33M -$16.70M
YoY Change 82.04% 108.57% -36.26%
% of Operating Profit -65.29% -6299.37% -25.94%
Other Income/Expense, Net -$1.000M -$90.10M $2.300M
YoY Change -143.48% 100.76% 283.33%
Pretax Income -$40.40M -$88.67M $45.60M
YoY Change -188.6% -203.08% 4966.67%
Income Tax $35.00M $29.62M -$85.30M
% Of Pretax Income -187.06%
Net Earnings -$87.87M -$130.0M $222.7M
YoY Change -139.46% -153.93% 2347.44%
Net Earnings / Revenue -22.39% -8.81% 55.29%
Basic Earnings Per Share -$1.57 -$2.31 $3.33
Diluted Earnings Per Share -$1.57 -$2.31 $3.30
COMMON SHARES
Basic Shares Outstanding 57.22M shares
Diluted Shares Outstanding 57.22M shares

Balance Sheet

Concept 2018 Q4 2018 2017 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $30.90M $30.87M $46.20M
YoY Change -33.12% -33.14% 65.59%
Cash & Equivalents $30.87M $30.87M $46.18M
Short-Term Investments
Other Short-Term Assets $42.50M $121.4M $26.74M
YoY Change 58.92% 286.98% -23.29%
Inventory
Prepaid Expenses
Receivables $394.1M $437.6M $434.1M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $588.7M $589.9M $542.8M
YoY Change 8.47% 8.67% 10.86%
LONG-TERM ASSETS
Property, Plant & Equipment $88.19M $88.19M $90.31M
YoY Change -2.34% -2.34% 15.22%
Goodwill $732.8M $834.9M
YoY Change -12.23% -1.17%
Intangibles $82.37M $88.39M
YoY Change -6.81% -14.07%
Long-Term Investments $6.556M $6.307M
YoY Change 3.95% 32.92%
Other Assets $32.07M $118.3M $37.64M
YoY Change -14.81% -22.69% 13.89%
Total Long-Term Assets $1.012B $1.022B $1.156B
YoY Change -12.45% -11.63% 6.28%
TOTAL ASSETS
Total Short-Term Assets $588.7M $589.9M $542.8M
Total Long-Term Assets $1.012B $1.022B $1.156B
Total Assets $1.601B $1.612B $1.699B
YoY Change -5.77% -5.14% 7.7%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $222.0M $222.0M $244.5M
YoY Change -9.21% -9.21% -2.76%
Accrued Expenses $312.8M $312.8M $327.8M
YoY Change -4.58% -4.58% 7.97%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $356.0K $356.0K $313.0K
YoY Change 13.74% 13.74% 37.28%
Total Short-Term Liabilities $742.5M $742.5M $775.6M
YoY Change -4.27% -4.27% -3.39%
LONG-TERM LIABILITIES
Long-Term Debt $954.1M $954.2M $882.8M
YoY Change 8.08% 8.09% -5.7%
Other Long-Term Liabilities $54.26M $104.9M $54.11M
YoY Change 0.27% -16.96% -3.4%
Total Long-Term Liabilities $1.008B $1.059B $936.9M
YoY Change 7.63% 4.95% -5.57%
TOTAL LIABILITIES
Total Short-Term Liabilities $742.5M $742.5M $775.6M
Total Long-Term Liabilities $1.008B $1.059B $936.9M
Total Liabilities $1.807B $1.923B $1.792B
YoY Change 0.86% 0.56% -11.6%
SHAREHOLDERS EQUITY
Retained Earnings -$475.5M -$340.0M
YoY Change 39.86% -41.57%
Common Stock $58.58M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$322.1M -$311.5M -$213.5M
YoY Change
Total Liabilities & Shareholders Equity $1.601B $1.612B $1.699B
YoY Change -5.77% -5.14% 7.7%

Cashflow Statement

Concept 2018 Q4 2018 2017 Q4
OPERATING ACTIVITIES
Net Income -$87.87M -$130.0M $222.7M
YoY Change -139.46% -153.93% 2347.44%
Depreciation, Depletion And Amortization $11.00M $27.11M $10.60M
YoY Change 3.77% 13.56% -14.52%
Cash From Operating Activities $40.70M $17.28M $49.70M
YoY Change -18.11% -75.93% 23.63%
INVESTING ACTIVITIES
Capital Expenditures $5.100M $20.26M $4.700M
YoY Change 8.51% -38.52% -51.55%
Acquisitions $32.71M
YoY Change
Other Investing Activities $2.900M -$464.0K $3.300M
YoY Change -12.12% -120.82% -466.67%
Cash From Investing Activities -$2.000M -$50.43M -$1.400M
YoY Change 42.86% 141.48% -86.67%
FINANCING ACTIVITIES
Cash Dividend Paid $196.0K
YoY Change -30.99%
Common Stock Issuance & Retirement, Net $776.0K
YoY Change -55.86%
Debt Paid & Issued, Net $0.00
YoY Change -100.0%
Cash From Financing Activities -37.70M $21.43M -20.90M
YoY Change 80.38% -165.75% -14.34%
NET CHANGE
Cash From Operating Activities 40.70M $17.28M 49.70M
Cash From Investing Activities -2.000M -$50.43M -1.400M
Cash From Financing Activities -37.70M $21.43M -20.90M
Net Change In Cash 1.000M -$19.94M 27.40M
YoY Change -96.35% -213.61% 416.98%
FREE CASH FLOW
Cash From Operating Activities $40.70M $17.28M $49.70M
Capital Expenditures $5.100M $20.26M $4.700M
Free Cash Flow $35.60M -$2.984M $45.00M
YoY Change -20.89% -107.69% 47.54%

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P7Y
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10662000 USD
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8165000 USD
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3022000 USD
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3022000 USD
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3193000 USD
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24153000 USD
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19601000 USD
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19085000 USD
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1391456 shares
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0 USD
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78913000 USD
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4632000 USD
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3872000 USD
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1208000 USD
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2101000 USD
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412000 USD
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8280000 USD
CY2017Q4 us-gaap Deferred Tax Assets Unrealized Currency Losses
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8653000 USD
CY2018Q4 us-gaap Deferred Tax Assets Unrealized Currency Losses
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14645000 USD
CY2017Q4 us-gaap Deferred Tax Assets Valuation Allowance
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91726000 USD
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6760000 USD
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5329000 USD
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13656000 USD
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12878000 USD
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3360000 USD
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15773000 USD
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14757000 USD
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520000 USD
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CY2018Q4 us-gaap Defined Benefit Plan Assumptions Used Calculating Benefit Obligation Discount Rate
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CY2018 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Discount Rate
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0.0383
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0.074
CY2017 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Expected Long Term Return On Assets
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostExpectedLongTermReturnOnAssets
0.074
CY2018 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Expected Long Term Return On Assets
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0.07
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DefinedBenefitPlanBenefitObligation
43750000 USD
CY2018Q4 us-gaap Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
37938000 USD
CY2017 us-gaap Defined Benefit Plan Benefit Obligation Benefits Paid
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1785000 USD
CY2018 us-gaap Defined Benefit Plan Benefit Obligation Benefits Paid
DefinedBenefitPlanBenefitObligationBenefitsPaid
3931000 USD
CY2017 us-gaap Defined Benefit Plan Contributions By Employer
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1920000 USD
CY2018 us-gaap Defined Benefit Plan Contributions By Employer
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1228000 USD
CY2018Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Five Fiscal Years Thereafter
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11047000 USD
CY2018Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Next Twelve Months
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1690000 USD
CY2018Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Five
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2139000 USD
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0 USD
CY2018 us-gaap Defined Benefit Plan Service Cost
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0 USD
CY2017Q1 us-gaap Earnings Per Share Diluted
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0.14
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1857000 USD
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1863000 USD
CY2017 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
1830000 USD
CY2018 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
1948000 USD
CY2016Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
24482000 USD
CY2017Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
27977000 USD
CY2018Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
23181000 USD
CY2016 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
1855000 USD
CY2017 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
1725000 USD
CY2018 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
1641000 USD
CY2016 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
1058000 USD
CY2017 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
117000 USD
CY2018 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
990000 USD
CY2017 us-gaap Defined Benefit Plan Plan Assets Benefits Paid
DefinedBenefitPlanPlanAssetsBenefitsPaid
1785000 USD
CY2018 us-gaap Defined Benefit Plan Plan Assets Benefits Paid
DefinedBenefitPlanPlanAssetsBenefitsPaid
3931000 USD
CY2018Q4 us-gaap Defined Benefit Plan Plan Assets Target Allocation Percentage
DefinedBenefitPlanPlanAssetsTargetAllocationPercentage
1
CY2016 us-gaap Defined Benefit Plan Recognized Net Gain Loss Due To Settlements And Curtailments1
DefinedBenefitPlanRecognizedNetGainLossDueToSettlementsAndCurtailments1
-929000 USD
CY2017 us-gaap Defined Benefit Plan Recognized Net Gain Loss Due To Settlements And Curtailments1
DefinedBenefitPlanRecognizedNetGainLossDueToSettlementsAndCurtailments1
0 USD
CY2018 us-gaap Defined Benefit Plan Recognized Net Gain Loss Due To Settlements And Curtailments1
DefinedBenefitPlanRecognizedNetGainLossDueToSettlementsAndCurtailments1
-1039000 USD
CY2016 us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
0 USD
CY2017Q4 us-gaap Defined Benefit Plan Weighted Average Asset Allocations
DefinedBenefitPlanWeightedAverageAssetAllocations
1.00
CY2018Q4 us-gaap Defined Benefit Plan Weighted Average Asset Allocations
DefinedBenefitPlanWeightedAverageAssetAllocations
1.00
CY2016 us-gaap Depreciation
Depreciation
22293000 USD
CY2017 us-gaap Depreciation
Depreciation
23873000 USD
CY2018 us-gaap Depreciation
Depreciation
27111000 USD
CY2016 us-gaap Depreciation And Amortization
DepreciationAndAmortization
46446000 USD
CY2017 us-gaap Depreciation And Amortization
DepreciationAndAmortization
43474000 USD
CY2018 us-gaap Depreciation And Amortization
DepreciationAndAmortization
46196000 USD
CY2016Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
739000 USD
CY2017Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
453000 USD
CY2018Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
196000 USD
CY2016 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.89
CY2017Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.21
CY2017Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.14
CY2017Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.25
CY2017Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.33
CY2017 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.72
CY2018Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.56
CY2018Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.02
CY2018Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.32
CY2018Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.46
CY2018 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-2.31
CY2018 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-2.31
CY2016 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.89
CY2017Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.24
CY2017Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.30
CY2017 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.71
CY2018Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.56
CY2018Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.02
CY2018Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.32
CY2018Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.46
CY2018 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-2.31
CY2016 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
2128000 USD
CY2017 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-754000 USD
CY2018 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
77000 USD
CY2016 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.189
CY2017 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-1.930
CY2018 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.393
CY2016 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.350
CY2017 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.350
CY2018 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2016 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
2030000 USD
CY2017 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
1401000 USD
CY2018 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
472000 USD
CY2016 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
7402000 USD
CY2017 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
3672000 USD
CY2018 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
963000 USD
CY2017Q4 us-gaap Equity Method Investments
EquityMethodInvestments
6307000 USD
CY2018Q4 us-gaap Equity Method Investments
EquityMethodInvestments
6556000 USD
CY2017 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Earnings
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings
3273000 USD
CY2018 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Earnings
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings
3512000 USD
CY2017 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Purchases
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPurchases
0 USD
CY2018 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Purchases
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPurchases
14943000 USD
CY2017 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements
-110234000 USD
CY2018 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements
-54947000 USD
CY2016Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
224754000 USD
CY2017Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
119086000 USD
CY2018Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
82598000 USD
CY2017Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
86773000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
80934000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
12257000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
15421000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
7666000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
8220000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
9601000 USD
CY2017Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
157378000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
148699000 USD
CY2016 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-213000 USD
CY2017Q4 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-660000 USD
CY2017 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
18137000 USD
CY2018Q4 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-13324000 USD
CY2018 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-23258000 USD
CY2016 us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
8240000 USD
CY2017 us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
17637000 USD
CY2018 us-gaap Payments For Proceeds From Previous Acquisition
PaymentsForProceedsFromPreviousAcquisition
32172000 USD
CY2018 us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
-20795000 USD
CY2016 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
424000 USD
CY2017 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
1600000 USD
CY2018 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
1867000 USD
CY2016 us-gaap Gain Loss On Repurchase Of Debt Instrument
GainLossOnRepurchaseOfDebtInstrument
-33298000 USD
CY2017 us-gaap Gain Loss On Repurchase Of Debt Instrument
GainLossOnRepurchaseOfDebtInstrument
0 USD
CY2018 us-gaap Gain Loss On Repurchase Of Debt Instrument
GainLossOnRepurchaseOfDebtInstrument
0 USD
CY2016 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
306251000 USD
CY2017 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
310455000 USD
CY2018 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
349056000 USD
CY2016Q4 us-gaap Goodwill
Goodwill
844759000 USD
CY2017Q4 us-gaap Goodwill
Goodwill
835935000 USD
CY2018Q4 us-gaap Goodwill
Goodwill
740955000 USD
CY2017 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
0 USD
CY2018 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
37592000 USD
CY2017 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
12007000 USD
CY2018 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-12788000 USD
CY2018Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
173205000 USD
CY2017 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
3238000 USD
CY2018 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
74560000 USD
CY2017 us-gaap Goodwill Transfers
GoodwillTransfers
0 USD
CY2018 us-gaap Goodwill Transfers
GoodwillTransfers
0 USD
CY2017 us-gaap Goodwill Written Off Related To Sale Of Business Unit
GoodwillWrittenOffRelatedToSaleOfBusinessUnit
17593000 USD
CY2016 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-45839000 USD
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-49716000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
87078000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-80407000 USD
CY2016 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-40621000 USD
CY2017Q1 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-9683000 USD
CY2017Q2 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
13467000 USD
CY2017Q3 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
21984000 USD
CY2017Q4 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
231455000 USD
CY2017 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
257223000 USD
CY2018Q1 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-28519000 USD
CY2018Q2 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
5951000 USD
CY2018Q3 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-13667000 USD
CY2018Q4 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-75713000 USD
CY2018 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-111948000 USD
CY2016 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-0.89
CY2017 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
3.72
CY2018 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-2.31
CY2016 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-0.89
CY2017 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
3.71
CY2018 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-2.31
CY2016 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-309000 USD
CY2017 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
2081000 USD
CY2018 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
62000 USD
CY2016 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-9404000 USD
CY2017 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-168064000 USD
CY2018 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
31603000 USD
CY2017Q4 us-gaap Income Tax Receivable
IncomeTaxReceivable
4582000 USD
CY2018Q4 us-gaap Income Tax Receivable
IncomeTaxReceivable
4388000 USD
CY2016 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
6605000 USD
CY2017 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
-103212000 USD
CY2018 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
49482000 USD
CY2016 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-353000 USD
CY2017 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-2939000 USD
CY2018 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-152000 USD
CY2016 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-17401000 USD
CY2017 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
30477000 USD
CY2018 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-16886000 USD
CY2016 us-gaap Income Tax Reconciliation Minority Interest Income Expense
IncomeTaxReconciliationMinorityInterestIncomeExpense
1287000 USD
CY2017 us-gaap Income Tax Reconciliation Minority Interest Income Expense
IncomeTaxReconciliationMinorityInterestIncomeExpense
4413000 USD
CY2018 us-gaap Income Tax Reconciliation Minority Interest Income Expense
IncomeTaxReconciliationMinorityInterestIncomeExpense
2674000 USD
CY2016 us-gaap Income Tax Reconciliation Nondeductible Expense Other
IncomeTaxReconciliationNondeductibleExpenseOther
1848000 USD
CY2017 us-gaap Income Tax Reconciliation Nondeductible Expense Other
IncomeTaxReconciliationNondeductibleExpenseOther
-220000 USD
CY2018 us-gaap Income Tax Reconciliation Nondeductible Expense Other
IncomeTaxReconciliationNondeductibleExpenseOther
10091000 USD
CY2016 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
1123000 USD
CY2017 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
1441000 USD
CY2018 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
1512000 USD
CY2016 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
155000 USD
CY2017 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
4864000 USD
CY2018 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
372000 USD
CY2016 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-94000 USD
CY2017 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
8863000 USD
CY2018 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-2988000 USD
CY2016 us-gaap Income Tax Reconciliation Tax Credits Foreign
IncomeTaxReconciliationTaxCreditsForeign
0 USD
CY2017 us-gaap Income Tax Reconciliation Tax Credits Foreign
IncomeTaxReconciliationTaxCreditsForeign
2453000 USD
CY2018 us-gaap Income Tax Reconciliation Tax Credits Foreign
IncomeTaxReconciliationTaxCreditsForeign
-1711000 USD
CY2016 us-gaap Income Taxes Paid
IncomeTaxesPaid
2895000 USD
CY2017 us-gaap Income Taxes Paid
IncomeTaxesPaid
8099000 USD
CY2018 us-gaap Income Taxes Paid
IncomeTaxesPaid
3836000 USD
CY2016 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
16752000 USD
CY2017 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
50030000 USD
CY2018 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-30211000 USD
CY2016 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
11397000 USD
CY2017 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
14548000 USD
CY2018 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
-14871000 USD
CY2016 us-gaap Increase Decrease In Deposit Other Assets
IncreaseDecreaseInDepositOtherAssets
2528000 USD
CY2017 us-gaap Increase Decrease In Deposit Other Assets
IncreaseDecreaseInDepositOtherAssets
0 USD
CY2018 us-gaap Increase Decrease In Deposit Other Assets
IncreaseDecreaseInDepositOtherAssets
0 USD
CY2016 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-13048000 USD
CY2016 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
3350000 USD
CY2017 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-1892000 USD
CY2018 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
11223000 USD
CY2016 us-gaap Increase Decrease In Other Noncurrent Assets And Liabilities Net
IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet
-13527000 USD
CY2016 us-gaap Interest Paid
InterestPaid
64671000 USD
CY2018Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
67765000 USD
CY2017Q4 us-gaap Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
906540000 USD
CY2018Q4 us-gaap Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
808720000 USD
CY2016 us-gaap Interest Expense Debt
InterestExpenseDebt
56468000 USD
CY2017 us-gaap Interest Expense Debt
InterestExpenseDebt
62001000 USD
CY2018 us-gaap Interest Expense Debt
InterestExpenseDebt
64420000 USD
CY2016 us-gaap Interest Expense Other
InterestExpenseOther
65050000 USD
CY2017 us-gaap Interest Expense Other
InterestExpenseOther
64364000 USD
CY2018 us-gaap Interest Expense Other
InterestExpenseOther
67075000 USD
CY2017 us-gaap Increase Decrease In Other Noncurrent Assets And Liabilities Net
IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet
4420000 USD
CY2018 us-gaap Increase Decrease In Other Noncurrent Assets And Liabilities Net
IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet
-392000 USD
CY2016 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
13608000 USD
CY2017 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-6569000 USD
CY2018 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
17189000 USD
CY2017Q4 us-gaap Indefinite Lived Trademarks
IndefiniteLivedTrademarks
17780000 USD
CY2018Q4 us-gaap Indefinite Lived Trademarks
IndefiniteLivedTrademarks
14600000 USD
CY2017Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
70605000 USD
CY2017 us-gaap Interest Paid
InterestPaid
62895000 USD
CY2018 us-gaap Interest Paid
InterestPaid
64012000 USD
CY2017Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
31146000 USD
CY2018Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
42369000 USD
CY2016 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
56725000 USD
CY2017 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
64086000 USD
CY2018 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
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0 USD
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The Company’s contracts typically provide for termination by either party within 30 to 90 days. Although payment terms vary by client, they are typically within 30 to 60 days.
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3810000 USD
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10045000 USD
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1556000 USD
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123000 USD
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87000 USD
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226466000 USD
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49447000 USD
CY2016 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
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0 shares
CY2017 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
225989 shares
CY2018 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
CY2016 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
51345807 shares
CY2017 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
55481786 shares
CY2017 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:8px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Concentration of Credit Risk</font><font style="font-family:inherit;font-size:10pt;">.&#160;&#160;The Company provides marketing communications services to clients who operate in most industry sectors. Credit is granted to qualified clients in the ordinary course of business. Due to the diversified nature of the Company&#8217;s client base, the Company does not believe that it is exposed to a concentration of credit risk. </font><font style="font-family:inherit;font-size:10pt;">No</font><font style="font-family:inherit;font-size:10pt;"> client accounted for more than </font><font style="font-family:inherit;font-size:10pt;">10%</font><font style="font-family:inherit;font-size:10pt;"> of the Company&#8217;s consolidated accounts receivable as of December 31, </font><font style="font-family:inherit;font-size:10pt;">2018</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2017</font><font style="font-family:inherit;font-size:10pt;">. </font></div></div>
CY2017 us-gaap Derivatives Reporting Of Derivative Activity
DerivativesReportingOfDerivativeActivity
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:8px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">prehensive income (loss).</font></div></div>
CY2017 us-gaap Guarantees Indemnifications And Warranties Policies
GuaranteesIndemnificationsAndWarrantiesPolicies
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:8px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"></font></div><div style="line-height:120%;padding-bottom:8px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;"></font></div></div>
CY2017 us-gaap Reclassifications
Reclassifications
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:8px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Reclassifications. </font><font style="font-family:inherit;font-size:10pt;">Certain reclassifications have been made to the prior period consolidated financial statements to conform to the current period presentation.&#160; Additionally, certain changes to presentation have been made.&#160; The Company changed its presentation of net income allocated to convertible preference shareholders. In the Company&#8217;s Form 10-K for the year ended December 31, 2017, this amount was presented in the Income (Loss) per Common Share footnote</font><font style="font-family:inherit;font-size:10pt;color:#ff0000;"> </font><font style="font-family:inherit;font-size:10pt;">and not on the Consolidated Statements of Operations.&#160; In connection with the presentation of the Form 10-K for the year ended December 31, 2018, the Company changed the 2017 Consolidated Statement of Operations to include the net income allocated to convertible preference shares, which was previously disclosed in footnote 3 of the December 31, 2017 financial statements.</font></div></div>
CY2017 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:8px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Use of Estimates</font><font style="font-family:inherit;font-size:10pt;">.&#160;&#160;The preparation of consolidated financial statements in conformity with U.S. GAAP requires management to make judgments, estimates and assumptions. These estimates and assumptions affect the reported amounts of assets and liabilities including goodwill, intangible assets, contingent deferred acquisition consideration, redeemable noncontrolling interests, deferred tax assets and the amounts of revenue and expenses reported during the period. These estimates are evaluated on an ongoing basis and are based on historical experience, current conditions and various other assumptions believed to be reasonable under the circumstances. </font></div></div>

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