$TGI
TRIUMPH GROUP INC Stock $tgi

$tgi Overview Financials Valuation SEC Filings Company Website

2018 Q2 Form 10-Q Financial Statement

#000102116218000032 Filed on August 08, 2018

Income Statement

Concept	2018 Q2	2017 Q2
Revenue	$832.9M	$781.7M
YoY Change	6.55%	333.26%
Cost Of Revenue	$770.2M	$645.8M
YoY Change	19.27%	-11.1%
Gross Profit	$38.74M	$113.2M
YoY Change	-65.77%	-17.29%
Gross Profit Margin	4.65%	14.48%
Selling, General & Admin	$81.66M	$80.25M
YoY Change	1.75%	17.97%
% of Gross Profit	210.77%	70.9%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$38.81M	$39.13M
YoY Change	-0.82%	-13.93%
% of Gross Profit	100.18%	34.57%
Operating Expenses	$899.4M	$782.7M
YoY Change	14.92%	-7.54%
Operating Profit	-$66.55M	-$968.0K
YoY Change	6774.79%	-102.07%
Interest Expense	-$25.50M	-$21.00M
YoY Change	21.43%	16.02%
% of Operating Profit
Other Income/Expense, Net	$16.50M	$19.40M
YoY Change	-14.95%
Pretax Income	-$75.50M	-$2.609M
YoY Change	2793.94%	-109.12%
Income Tax	$1.031M	-$678.0K
% Of Pretax Income
Net Earnings	-$76.53M	-$1.931M
YoY Change	3863.44%	-109.79%
Net Earnings / Revenue	-9.19%	-0.25%
Basic Earnings Per Share	-$1.54	-$0.04
Diluted Earnings Per Share	-$1.54	-$0.04
COMMON SHARES
Basic Shares Outstanding	49.55M shares	49.34M shares
Diluted Shares Outstanding	49.55M shares	49.34M shares

Balance Sheet

Concept	2018 Q2	2017 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments	$33.10M	$37.00M
YoY Change	-10.54%	18.21%
Cash & Equivalents	$33.06M	$36.97M
Short-Term Investments
Other Short-Term Assets	$111.5M	$34.20M
YoY Change	226.02%	-57.93%
Inventory	$534.0M	$1.249B
Prepaid Expenses
Receivables	$337.2M	$344.0M
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$1.553B	$1.664B
YoY Change	-6.65%	-7.58%
LONG-TERM ASSETS
Property, Plant & Equipment	$732.3M	$794.8M
YoY Change	-7.86%	-8.41%
Goodwill	$587.6M	$1.148B
YoY Change	-48.8%	-20.06%
Intangibles	$493.1M	$578.5M
YoY Change	-14.77%	-8.85%
Long-Term Investments
YoY Change
Other Assets	$53.91M	$91.27M
YoY Change	-40.94%	-15.58%
Total Long-Term Assets	$1.867B	$2.612B
YoY Change	-28.53%	-14.25%
TOTAL ASSETS
Total Short-Term Assets	$1.553B	$1.664B
Total Long-Term Assets	$1.867B	$2.612B
Total Assets	$3.420B	$4.276B
YoY Change	-20.02%	-11.77%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$514.9M	$420.3M
YoY Change	22.52%	-2.51%
Accrued Expenses	$225.1M	$600.5M
YoY Change	-62.51%	-0.97%
Deferred Revenue	$474.6M
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due	$16.70M	$140.9M
YoY Change	-88.15%	199.15%
Total Short-Term Liabilities	$1.261B	$1.162B
YoY Change	8.55%	7.11%
LONG-TERM LIABILITIES
Long-Term Debt	$1.504B	$1.140B
YoY Change	31.88%	-23.59%
Other Long-Term Liabilities	$400.2M	$481.8M
YoY Change	-16.95%	-22.37%
Total Long-Term Liabilities	$400.2M	$481.8M
YoY Change	-16.95%	-22.37%
TOTAL LIABILITIES
Total Short-Term Liabilities	$1.261B	$1.162B
Total Long-Term Liabilities	$400.2M	$481.8M
Total Liabilities	$1.661B	$1.643B
YoY Change	1.08%	-3.62%
SHAREHOLDERS EQUITY
Retained Earnings	-$517.3M	$575.6M
YoY Change	-189.88%	-11.19%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)	$176.0M	$182.3M
YoY Change	-3.42%	-2.7%
Treasury Stock Shares	2.697M shares	2.852M shares
Shareholders Equity	-$226.6M	$852.9M
YoY Change
Total Liabilities & Shareholders Equity	$3.420B	$4.276B
YoY Change	-20.02%	-11.77%

Cashflow Statement

Concept	2018 Q2	2017 Q2
OPERATING ACTIVITIES
Net Income	-$76.53M	-$1.931M
YoY Change	3863.44%	-109.79%
Depreciation, Depletion And Amortization	$38.81M	$39.13M
YoY Change	-0.82%	-13.93%
Cash From Operating Activities	-$65.71M	-$99.05M
YoY Change	-33.65%	17.87%
INVESTING ACTIVITIES
Capital Expenditures	-$12.20M	-$12.10M
YoY Change	0.83%	-4.72%
Acquisitions		$0.00
YoY Change		-100.0%
Other Investing Activities	$700.0K	$1.400M
YoY Change	-50.0%	40.0%
Cash From Investing Activities	-$11.54M	-$10.73M
YoY Change	7.47%	-8.77%
FINANCING ACTIVITIES
Cash Dividend Paid	$1.988M	$1.984M
YoY Change	0.2%	0.15%
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	$75.89M	$76.25M
YoY Change	-0.48%	-28.72%
NET CHANGE
Cash From Operating Activities	-$65.71M	-$99.05M
Cash From Investing Activities	-$11.54M	-$10.73M
Cash From Financing Activities	$75.89M	$76.25M
Net Change In Cash	-$1.364M	-$33.53M
YoY Change	-95.93%	-400.04%
FREE CASH FLOW
Cash From Operating Activities	-$65.71M	-$99.05M
Capital Expenditures	-$12.20M	-$12.10M
Free Cash Flow	-$53.51M	-$86.95M
YoY Change	-38.45%	21.89%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2018Q2	dei	Amendment Flag AmendmentFlag	false
CY2018Q2	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--03-31
CY2018Q2	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2018Q2	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2019
CY2018Q2	dei	Document Period End Date DocumentPeriodEndDate	2018-06-30
CY2018Q2	dei	Document Type DocumentType	10-Q
CY2018Q2	dei	Entity Central Index Key EntityCentralIndexKey	0001021162
CY2018Q3	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	49812122	shares
CY2018Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-367870000	USD
CY2018Q2	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2018Q2	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
CY2018Q2	dei	Entity Registrant Name EntityRegistrantName	TRIUMPH GROUP INC
CY2018Q2	dei	Entity Voluntary Filers EntityVoluntaryFilers	No
CY2018Q2	dei	Entity Well Known Seasoned Issuer EntityWellKnownSeasonedIssuer	Yes
CY2017Q2	tgi	Amortization Of Acquired Contract Liabilities AmortizationOfAcquiredContractLiabilities	29473000	USD
CY2018Q2	tgi	Amortization Of Acquired Contract Liabilities AmortizationOfAcquiredContractLiabilities	17234000	USD
CY2017Q2	tgi	Earnings Before Interest Taxes Depreciation And Amortization EarningsBeforeInterestTaxesDepreciationAndAmortization	8690000	USD
CY2018Q2	tgi	Earnings Before Interest Taxes Depreciation And Amortization EarningsBeforeInterestTaxesDepreciationAndAmortization	46990000	USD
CY2018Q1	tgi	Intangible Assets Including Goodwill Net IntangibleAssetsIncludingGoodwillNet	1100509000	USD
CY2018Q2	tgi	Intangible Assets Including Goodwill Net IntangibleAssetsIncludingGoodwillNet	1080676000	USD
CY2018Q1	tgi	Intercompany Debt IntercompanyDebt	0	USD
CY2018Q2	tgi	Intercompany Debt IntercompanyDebt	0	USD
CY2017Q2	tgi	Intercompany Interest And Charges IntercompanyInterestAndCharges	0	USD
CY2018Q2	tgi	Intercompany Interest And Charges IntercompanyInterestAndCharges	0	USD
CY2018Q1	tgi	Intercompany Investments And Advances IntercompanyInvestmentsAndAdvances	0	USD
CY2018Q2	tgi	Intercompany Investments And Advances IntercompanyInvestmentsAndAdvances	0	USD
CY2017Q2	tgi	Interest Expense And Other InterestExpenseAndOther	21018000	USD
CY2018Q2	tgi	Interest Expense And Other InterestExpenseAndOther	25493000	USD
CY2018Q1	tgi	Other Assets Including Deferred Income Taxes Noncurrent OtherAssetsIncludingDeferredIncomeTaxesNoncurrent	57627000	USD
CY2018Q2	tgi	Other Assets Including Deferred Income Taxes Noncurrent OtherAssetsIncludingDeferredIncomeTaxesNoncurrent	53905000	USD
CY2017Q2	tgi	Proceeds From Payments For Intercompany Financing And Advances ProceedsFromPaymentsForIntercompanyFinancingAndAdvances	0	USD
CY2018Q2	tgi	Proceeds From Payments For Intercompany Financing And Advances ProceedsFromPaymentsForIntercompanyFinancingAndAdvances	0	USD
CY2018Q1	tgi	Rotable Assets RotableAssets	58060000	USD
CY2018Q2	tgi	Rotable Assets RotableAssets	58290000	USD
CY2018Q1	us-gaap	Accounts Payable Current AccountsPayableCurrent	418367000	USD
CY2018Q2	us-gaap	Accounts Payable Current AccountsPayableCurrent	514907000	USD
CY2018Q1	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	376612000	USD
CY2018Q2	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	337245000	USD
CY2018Q1	us-gaap	Accrued Liabilities And Other Liabilities AccruedLiabilitiesAndOtherLiabilities	557105000	USD
CY2018Q2	us-gaap	Accrued Liabilities And Other Liabilities AccruedLiabilitiesAndOtherLiabilities	699737000	USD
CY2018Q1	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	235914000	USD
CY2018Q2	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	225093000	USD
CY2017Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-396178000	USD
CY2017Q2	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-385921000	USD
CY2018Q2	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-383828000	USD
CY2018Q1	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	851280000	USD
CY2018Q2	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	850552000	USD
CY2017Q2	us-gaap	Adjustments To Additional Paid In Capital Tax Effect From Share Based Compensation AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation	0	USD
CY2018Q2	us-gaap	Adjustments To Additional Paid In Capital Tax Effect From Share Based Compensation AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation	0	USD
CY2017Q2	us-gaap	Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities	-97117000	USD
CY2018Q2	us-gaap	Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities	10820000	USD
CY2018Q1	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	4032000	USD
CY2018Q2	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	4458000	USD
CY2017Q2	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	3263000	USD
CY2018Q2	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	1887000	USD
CY2017Q2	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	14847000	USD
CY2018Q2	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	13233000	USD
CY2018Q1	us-gaap	Assets Assets	3807064000	USD
CY2018Q2	us-gaap	Assets Assets	3419967000	USD
CY2018Q1	us-gaap	Assets Current AssetsCurrent	1922925000	USD
CY2018Q2	us-gaap	Assets Current AssetsCurrent	1553086000	USD
CY2018Q1	us-gaap	Assets Held For Sale Not Part Of Disposal Group AssetsHeldForSaleNotPartOfDisposalGroup	1324000	USD
CY2018Q2	us-gaap	Assets Held For Sale Not Part Of Disposal Group AssetsHeldForSaleNotPartOfDisposalGroup	80719000	USD
CY2018Q1	us-gaap	Assets Held For Sale Not Part Of Disposal Group Current AssetsHeldForSaleNotPartOfDisposalGroupCurrent	1324000	USD
CY2018Q2	us-gaap	Assets Held For Sale Not Part Of Disposal Group Current AssetsHeldForSaleNotPartOfDisposalGroupCurrent	80719000	USD
CY2018Q2	us-gaap	Capital Lease Obligations Incurred CapitalLeaseObligationsIncurred	1846000	USD
CY2017Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	69633000	USD
CY2017Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	36968000	USD
CY2018Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	35819000	USD
CY2018Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	33055000	USD
CY2017Q2	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-32665000	USD
CY2018Q2	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-2764000	USD
CY2017Q2	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.04
CY2018Q2	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.04
CY2018Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2018Q2	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2018Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	100000000	shares
CY2018Q2	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	100000000	shares
CY2018Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	52460920	shares
CY2018Q2	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	52460920	shares
CY2018Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	49669848	shares
CY2018Q2	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	49764360	shares
CY2018Q1	us-gaap	Common Stock Value Outstanding CommonStockValueOutstanding	51000	USD
CY2018Q2	us-gaap	Common Stock Value Outstanding CommonStockValueOutstanding	51000	USD
CY2017Q2	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	8326000	USD
CY2018Q2	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	-92492000	USD
CY2018Q2	us-gaap	Contract With Customer Asset Cumulative Catch Up Adjustment To Revenue Change In Measure Of Progress ContractWithCustomerAssetCumulativeCatchUpAdjustmentToRevenueChangeInMeasureOfProgress	499759000	USD
CY2018Q2	us-gaap	Contract With Customer Asset Explanation Of Change ContractWithCustomerAssetExplanationOfChange	346306
CY2018Q1	us-gaap	Contract With Customer Asset Gross Current ContractWithCustomerAssetGrossCurrent	37573000	USD
CY2018Q2	us-gaap	Contract With Customer Asset Gross Current ContractWithCustomerAssetGrossCurrent	537332000	USD
CY2018Q1	us-gaap	Contract With Customer Asset Net ContractWithCustomerAssetNet	283618000	USD
CY2018Q2	us-gaap	Contract With Customer Asset Net ContractWithCustomerAssetNet	62688000	USD
CY2018Q1	us-gaap	Contract With Customer Asset Net Current ContractWithCustomerAssetNetCurrent	37573000	USD
CY2018Q2	us-gaap	Contract With Customer Asset Net Current ContractWithCustomerAssetNetCurrent	537332000	USD
CY2018Q2	us-gaap	Contract With Customer Liability Cumulative Catch Up Adjustment To Revenue Change In Measure Of Progress ContractWithCustomerLiabilityCumulativeCatchUpAdjustmentToRevenueChangeInMeasureOfProgress	-153453000	USD
CY2018Q1	us-gaap	Contract With Customer Liability Current ContractWithCustomerLiabilityCurrent	321191000	USD
CY2018Q2	us-gaap	Contract With Customer Liability Current ContractWithCustomerLiabilityCurrent	474644000	USD
CY2018Q2	us-gaap	Contract With Customer Liability Revenue Recognized ContractWithCustomerLiabilityRevenueRecognized	46504000	USD
CY2017Q2	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	645778000	USD
CY2018Q2	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	770214000	USD
CY2017Q2	us-gaap	Costs And Expenses CostsAndExpenses	782657000	USD
CY2018Q2	us-gaap	Costs And Expenses CostsAndExpenses	899448000	USD
CY2018Q1	us-gaap	Customer Advances Current CustomerAdvancesCurrent	387146000	USD
CY2018Q2	us-gaap	Customer Advances Current CustomerAdvancesCurrent	471241000	USD
CY2018Q1	us-gaap	Debt And Capital Lease Obligations DebtAndCapitalLeaseObligations	1438284000	USD
CY2018Q2	us-gaap	Debt And Capital Lease Obligations DebtAndCapitalLeaseObligations	1520374000	USD
CY2017Q2	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	-1060000	USD
CY2018Q2	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	0	USD
CY2018Q1	us-gaap	Deferred Income Taxes And Other Liabilities Noncurrent DeferredIncomeTaxesAndOtherLiabilitiesNoncurrent	458447000	USD
CY2018Q2	us-gaap	Deferred Income Taxes And Other Liabilities Noncurrent DeferredIncomeTaxesAndOtherLiabilitiesNoncurrent	416347000	USD
CY2018Q1	us-gaap	Deferred Tax Liabilities Noncurrent DeferredTaxLiabilitiesNoncurrent	16582000	USD
CY2018Q2	us-gaap	Deferred Tax Liabilities Noncurrent DeferredTaxLiabilitiesNoncurrent	16175000	USD
CY2017Q2	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	39131000	USD
CY2018Q2	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	38812000	USD
CY2017Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.04
CY2018Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-1.54
CY2017Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.04
CY2018Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-1.54
CY2017Q2	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents	864000	USD
CY2018Q2	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents	-1400000	USD
CY2017Q2	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.3
CY2018Q2	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.0
	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.35
CY2018Q2	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.21
CY2018Q2	us-gaap	Extended Product Warranty Description ExtendedProductWarrantyDescription	20
CY2018Q1	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	306476000	USD
CY2018Q2	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	318942000	USD
CY2018Q2	us-gaap	Gain Loss On Contract Termination GainLossOnContractTermination	280000	USD
CY2017Q2	us-gaap	Gain Loss On Sale Of Business GainLossOnSaleOfBusiness	0	USD
CY2018Q2	us-gaap	Gain Loss On Sale Of Business GainLossOnSaleOfBusiness	-4719000	USD
CY2018Q1	us-gaap	Goodwill Goodwill	592828000	USD
CY2018Q2	us-gaap	Goodwill Goodwill	587571000	USD
CY2018Q2	us-gaap	Goodwill Foreign Currency Translation Gain Loss GoodwillForeignCurrencyTranslationGainLoss	-5257000	USD
CY2018Q2	us-gaap	Goodwill Impaired Accumulated Impairment Loss GoodwillImpairedAccumulatedImpairmentLoss	1399128000	USD
CY2017Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	-2609000	USD
CY2018Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	-75503000	USD
CY2017Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-678000	USD
CY2018Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	1031000	USD
CY2017Q2	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	2749000	USD
CY2018Q2	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	7715000	USD
CY2017Q2	us-gaap	Increase Decrease In Accounts Payable And Other Operating Liabilities IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities	-172918000	USD
CY2018Q2	us-gaap	Increase Decrease In Accounts Payable And Other Operating Liabilities IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities	23341000	USD
CY2017Q2	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	54380000	USD
CY2018Q2	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-27598000	USD
CY2017Q2	us-gaap	Increase Decrease In Contract With Customer Asset IncreaseDecreaseInContractWithCustomerAsset	24070000	USD
CY2018Q2	us-gaap	Increase Decrease In Contract With Customer Asset IncreaseDecreaseInContractWithCustomerAsset	-23221000	USD
CY2017Q2	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-118243000	USD
CY2018Q2	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	30833000	USD
CY2017Q2	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	-751000	USD
CY2018Q2	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	-3898000	USD
CY2017Q2	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	3133000	USD
CY2018Q2	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	1904000	USD
CY2017Q2	us-gaap	Increase Decrease In Pension And Postretirement Obligations IncreaseDecreaseInPensionAndPostretirementObligations	-21207000	USD
CY2018Q2	us-gaap	Increase Decrease In Pension And Postretirement Obligations IncreaseDecreaseInPensionAndPostretirementObligations	-18691000	USD
CY2017Q2	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	0	shares
CY2018Q2	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	0	shares
CY2018Q1	us-gaap	Intangible Assets Gross Excluding Goodwill IntangibleAssetsGrossExcludingGoodwill	814157000	USD
CY2018Q2	us-gaap	Intangible Assets Gross Excluding Goodwill IntangibleAssetsGrossExcludingGoodwill	812047000	USD
CY2018Q1	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	507681000	USD
CY2018Q2	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	493105000	USD
CY2017Q2	us-gaap	Interest Paid InterestPaid	24007000	USD
CY2018Q2	us-gaap	Interest Paid InterestPaid	12734000	USD
CY2018Q1	us-gaap	Inventory Finished Goods InventoryFinishedGoods	95234000	USD
CY2018Q2	us-gaap	Inventory Finished Goods InventoryFinishedGoods	55042000	USD
CY2018Q1	us-gaap	Inventory Net InventoryNet	1427169000	USD
CY2018Q2	us-gaap	Inventory Net InventoryNet	533982000	USD
CY2018Q1	us-gaap	Inventory Raw Materials InventoryRawMaterials	69069000	USD
CY2018Q2	us-gaap	Inventory Raw Materials InventoryRawMaterials	61358000	USD
CY2018Q1	us-gaap	Inventory Work In Process InventoryWorkInProcess	1591952000	USD
CY2018Q2	us-gaap	Inventory Work In Process InventoryWorkInProcess	359292000	USD
CY2018Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	3807064000	USD
CY2018Q2	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	3419967000	USD
CY2018Q1	us-gaap	Liabilities Current LiabilitiesCurrent	992439000	USD
CY2018Q2	us-gaap	Liabilities Current LiabilitiesCurrent	1260942000	USD
CY2018Q1	us-gaap	Liabilities Of Disposal Group Including Discontinued Operation LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation	440000	USD
CY2018Q1	us-gaap	Liabilities Of Disposal Group Including Discontinued Operation Current LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent	440000	USD
CY2018Q2	us-gaap	Liabilities Of Disposal Group Including Discontinued Operation Current LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent	29588000	USD
CY2017Q2	us-gaap	Line Of Credit Facility Increase Decrease For Period Net LineOfCreditFacilityIncreaseDecreaseForPeriodNet	-118961000	USD
CY2018Q2	us-gaap	Line Of Credit Facility Increase Decrease For Period Net LineOfCreditFacilityIncreaseDecreaseForPeriodNet	-113186000	USD
CY2018Q1	us-gaap	Long Term Debt And Capital Lease Obligations LongTermDebtAndCapitalLeaseObligations	1421757000	USD
CY2018Q2	us-gaap	Long Term Debt And Capital Lease Obligations LongTermDebtAndCapitalLeaseObligations	1503664000	USD
CY2018Q1	us-gaap	Long Term Debt And Capital Lease Obligations Current LongTermDebtAndCapitalLeaseObligationsCurrent	16527000	USD
CY2018Q2	us-gaap	Long Term Debt And Capital Lease Obligations Current LongTermDebtAndCapitalLeaseObligationsCurrent	16710000	USD
CY2017Q2	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	76253000	USD
CY2018Q2	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	75886000	USD
CY2017Q2	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-10734000	USD
CY2018Q2	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-11536000	USD
CY2017Q2	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-99048000	USD
CY2018Q2	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-65714000	USD
CY2017Q2	us-gaap	Net Income Loss NetIncomeLoss	-1931000	USD
CY2018Q2	us-gaap	Net Income Loss NetIncomeLoss	-76534000	USD
CY2017Q2	us-gaap	Net Periodic Defined Benefits Expense Reversal Of Expense Excluding Service Cost Component NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent	-19377000	USD
CY2018Q2	us-gaap	Net Periodic Defined Benefits Expense Reversal Of Expense Excluding Service Cost Component NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent	-16538000	USD
CY2017Q2	us-gaap	Operating Expenses OperatingExpenses	782657000	USD
CY2018Q2	us-gaap	Operating Expenses OperatingExpenses	899448000	USD
CY2017Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	-968000	USD
CY2018Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	-66548000	USD
CY2018Q1	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	57627000	USD
CY2018Q2	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	53905000	USD
CY2017Q2	us-gaap	Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent	1347000	USD
CY2018Q2	us-gaap	Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent	399000	USD
CY2017Q2	us-gaap	Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Tax OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax	0	USD
CY2018Q2	us-gaap	Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Tax OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax	0	USD
CY2017Q2	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax	11421000	USD
CY2018Q2	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax	-14524000	USD
CY2017Q2	us-gaap	Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Net Of Tax OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax	-3042000	USD
CY2018Q2	us-gaap	Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Net Of Tax OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax	-2075000	USD
CY2017Q2	us-gaap	Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Tax OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditTax	0	USD
CY2018Q2	us-gaap	Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Tax OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditTax	0	USD
CY2017Q2	us-gaap	Other Comprehensive Income Loss Before Reclassifications Net Of Tax OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax	11973000	USD
CY2018Q2	us-gaap	Other Comprehensive Income Loss Before Reclassifications Net Of Tax OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax	-15489000	USD
CY2017Q2	us-gaap	Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax	183000	USD
CY2018Q2	us-gaap	Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax	-1035000	USD
CY2017Q2	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	11421000	USD
CY2018Q2	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	-14524000	USD
CY2017Q2	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax	0	USD
CY2018Q2	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax	0	USD
CY2017Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	10257000	USD
CY2018Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-15958000	USD
CY2017Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	10257000	USD
CY2018Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-15958000	USD
CY2017Q2	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax	-1695000	USD
CY2018Q2	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax	-1676000	USD
CY2017Q2	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Benefit Plan Improvement Tax Effect OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansBenefitPlanImprovementTaxEffect	0	USD
CY2018Q2	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Benefit Plan Improvement Tax Effect OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansBenefitPlanImprovementTaxEffect	0	USD
CY2017Q2	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax	369000	USD
CY2018Q2	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax	70000	USD
CY2017Q2	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax	0	USD
CY2018Q2	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax	35000	USD
CY2017Q2	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax	0	USD
CY2018Q2	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax	0	USD
CY2017Q2	us-gaap	Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax	552000	USD
CY2018Q2	us-gaap	Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax	-965000	USD
CY2017Q2	us-gaap	Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax	0	USD
CY2018Q2	us-gaap	Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax	125000	USD
CY2018Q1	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	441865000	USD
CY2018Q2	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	400172000	USD
CY2017Q2	us-gaap	Payments Of Dividends PaymentsOfDividends	1984000	USD
CY2018Q2	us-gaap	Payments Of Dividends PaymentsOfDividends	1988000	USD
CY2017Q2	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	7160000	USD
CY2018Q2	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	64000	USD
CY2017Q2	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	296000	USD
CY2018Q2	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	532000	USD
CY2017Q2	us-gaap	Payments To Acquire Machinery And Equipment PaymentsToAcquireMachineryAndEquipment	12085000	USD
CY2018Q2	us-gaap	Payments To Acquire Machinery And Equipment PaymentsToAcquireMachineryAndEquipment	12200000	USD
CY2018Q1	us-gaap	Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent	483887000	USD
CY2018Q2	us-gaap	Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent	465595000	USD
CY2018Q1	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	44428000	USD
CY2018Q2	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	30753000	USD
CY2018Q2	us-gaap	Proceeds From Divestiture Of Businesses ProceedsFromDivestitureOfBusinesses	64986000	USD
CY2017Q2	us-gaap	Proceeds From Issuance Of Long Term Debt ProceedsFromIssuanceOfLongTermDebt	0	USD
CY2018Q2	us-gaap	Proceeds From Issuance Of Long Term Debt ProceedsFromIssuanceOfLongTermDebt	19046000	USD
CY2017Q2	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	1351000	USD
CY2018Q2	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	664000	USD
CY2018Q1	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	69588000	USD
CY2018Q2	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	66433000	USD
CY2018Q1	us-gaap	Progress Payments Netted Against Inventory For Long Term Contracts Or Programs ProgressPaymentsNettedAgainstInventoryForLongTermContractsOrPrograms	387146000	USD
CY2018Q2	us-gaap	Progress Payments Netted Against Inventory For Long Term Contracts Or Programs ProgressPaymentsNettedAgainstInventoryForLongTermContractsOrPrograms	0	USD
CY2018Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	726003000	USD
CY2018Q2	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	732300000	USD
CY2017Q2	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	-363000	USD
CY2018Q2	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	-14000	USD
CY2017Q2	us-gaap	Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax	-1716000	USD
CY2018Q2	us-gaap	Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax	-469000	USD
CY2017Q2	us-gaap	Repayments Of Long Term Debt And Capital Securities RepaymentsOfLongTermDebtAndCapitalSecurities	33268000	USD
CY2018Q2	us-gaap	Repayments Of Long Term Debt And Capital Securities RepaymentsOfLongTermDebtAndCapitalSecurities	53762000	USD
CY2018Q2	us-gaap	Restructuring And Related Cost Expected Cost1 RestructuringAndRelatedCostExpectedCost1	189100000	USD
CY2018Q2	us-gaap	Restructuring And Related Cost Expected Cost Remaining1 RestructuringAndRelatedCostExpectedCostRemaining1	12000000	USD
CY2017Q2	us-gaap	Restructuring And Related Cost Incurred Cost RestructuringAndRelatedCostIncurredCost	18360000	USD
CY2018	us-gaap	Restructuring And Related Cost Incurred Cost RestructuringAndRelatedCostIncurredCost	177005000	USD
CY2018Q2	us-gaap	Restructuring And Related Cost Incurred Cost RestructuringAndRelatedCostIncurredCost	4047000	USD
CY2017Q2	us-gaap	Restructuring Charges RestructuringCharges	17500000	USD
CY2018Q2	us-gaap	Restructuring Charges RestructuringCharges	4047000	USD
CY2018Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	146155000	USD
CY2018Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-517318000	USD
CY2018Q2	us-gaap	Revenue Remaining Performance Obligation RevenueRemainingPerformanceObligation	4438940000	USD
CY2017Q2	us-gaap	Revenues Revenues	781689000	USD
CY2018Q2	us-gaap	Revenues Revenues	832900000	USD
CY2017Q2	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	80248000	USD
CY2018Q2	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	81656000	USD
CY2017Q2	us-gaap	Share Based Compensation ShareBasedCompensation	-41000	USD
CY2018Q2	us-gaap	Share Based Compensation ShareBasedCompensation	2462000	USD
CY2018Q2	us-gaap	Standard Product Warranty Description StandardProductWarrantyDescription	3
CY2018Q2	us-gaap	Stock Repurchase Program Remaining Number Of Shares Authorized To Be Repurchased StockRepurchaseProgramRemainingNumberOfSharesAuthorizedToBeRepurchased	2277789	shares
CY2018Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	450534000	USD
CY2018Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	-226581000	USD
CY2018Q1	us-gaap	Treasury Stock Shares TreasuryStockShares	2791072	shares
CY2018Q2	us-gaap	Treasury Stock Shares TreasuryStockShares	2696560	shares
CY2018Q1	us-gaap	Treasury Stock Value TreasuryStockValue	179082000	USD
CY2018Q2	us-gaap	Treasury Stock Value TreasuryStockValue	176038000	USD
CY2018Q1	us-gaap	Unamortized Debt Issuance Expense UnamortizedDebtIssuanceExpense	16949000	USD
CY2018Q2	us-gaap	Unamortized Debt Issuance Expense UnamortizedDebtIssuanceExpense	16007000	USD
CY2018Q1	us-gaap	Unrecognized Tax Benefits UnrecognizedTaxBenefits	11532000	USD
CY2018Q2	us-gaap	Unrecognized Tax Benefits UnrecognizedTaxBenefits	17212000	USD
CY2018Q1	us-gaap	Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued	327000	USD
CY2018Q2	us-gaap	Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued	341000	USD
CY2017Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	49341000	shares
CY2018Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	49552000	shares
CY2017Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	49341000	shares
CY2018Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	49552000	shares
CY2017Q2	us-gaap	Description Of New Accounting Pronouncements Not Yet Adopted DescriptionOfNewAccountingPronouncementsNotYetAdopted	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:12px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Standards Issued Not Yet Implemented</font></div><div style="line-height:120%;padding-top:12px;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In February 2018, the FASB issued ASU 2018-02, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Income Statement-Reporting Comprehensive Income (Topic 220): Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income </font><font style="font-family:inherit;font-size:10pt;">(“ASU 2018-02”). The guidance in ASU 2018-02 allows an entity to elect to reclassify the stranded tax effects related to the Tax Cuts and Jobs Act of 2017 (the “Act”) from accumulated other comprehensive income into retained earnings. ASU 2018-02 is effective for fiscal years beginning after December 15, 2018, with early adoption permitted. The Company does not expect the adoption of this standard to have a material effect on the Company’s condensed consolidated financial statements.</font></div><div style="line-height:120%;padding-top:12px;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In February 2016, the FASB issued ASU 2016-02, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Leases (Topic 842)</font><font style="font-family:inherit;font-size:10pt;"> ("ASU 2016-02"). This update requires recognition of lease right of use assets and lease liabilities on the balance sheet of lessees. ASU 2016-02 is effective for fiscal years beginning after December 15, 2018, and interim reporting periods within those years. Early adoption is permitted. ASU 2016-02 requires a modified retrospective transition approach and provides certain optional transition relief. The Company is currently evaluating the guidance to determine the impact it will have on the Company's condensed consolidated financial statements.</font></div></div>
CY2018Q2	us-gaap	Use Of Estimates UseOfEstimates	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Use of Estimates</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-bottom:12px;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of the financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported in the condensed financial statements and accompanying notes. Actual results could differ from those estimates.</font></div><div style="line-height:120%;padding-bottom:12px;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Management may make significant judgments when assessing the standalone selling prices of the Company’s products and services, the estimated amounts of variable consideration and related constraints, and the number of options likely to be exercised. The Company also estimates the cost of satisfying the performance obligations in its contracts and options that may extend over many years. Cost estimates reflect currently available information and the impact of any changes to cost estimates, based upon the facts and circumstances, are recorded in the period in which they become known.</font></div><div style="line-height:120%;padding-bottom:12px;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The transaction price for a contract reflects the consideration the Company expects to receive for fully satisfying the performance obligations in the contract. The Company’s contracts with customers are typically for products and services to be provided at fixed stated prices but may also include variable consideration. Variable consideration may include, but is not limited to, unpriced contract modifications; cost sharing provisions; incentives and awards; non-warranty claims and assertions; provisions for non-conformance and rights to return; or other payments to, or receipts from, customers. The Company estimates the variable consideration using the expected value or the most likely amount based upon the facts and circumstances, available data and trends, and the history of resolving variability with specific customers.</font></div><div style="line-height:120%;padding-bottom:12px;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company regularly commences work and incorporates customer-directed changes prior to negotiating pricing terms for engineering work, product modifications, and other statements of work. The Company's contractual terms typically provide for price negotiations after certain customer-directed changes have been accepted by the Company. Prices are estimated and related costs are deferred until they are contractually agreed upon with the customer. When a contract is modified, the Company evaluates whether additional distinct products and services have been promised and whether allocation of consideration is necessary. If not, the modification is treated as a change to the performance obligations within the existing contract, or otherwise accounted for as a new contract prospectively.</font></div><div style="line-height:120%;padding-bottom:12px;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company allocates the consideration for a contract to the performance obligations on the basis of their relative standalone selling price. The Company estimates the likelihood of the amount of options that the customer is going to exercise when assessing the existence of performance obligations with respect to this allocation or for assessing the impact of loss contracts. The Company typically provides warranties on all the Company's products and services. Warranties are typically not priced separately, since customers cannot purchase them independently of the products or services under contract so they do not create performance obligations. Triumph's warranties generally provide assurance to the Company's customers that the products or services meet the specifications in the contract. In the event that there is a warranty claim because of a covered material or workmanship issue, the Company may be required to pay the customer for repairs or perform the repair. Provisions for estimated expenses related to service and product warranties and certain extraordinary rework are made at the time products are sold. These costs are accrued at the time of the sale and are recorded as cost of sales. These estimates are established using historical information on the nature, frequency, and the cost experience of warranty claims. In the case of new development products or new customers, the Company also considers factors, including management judgment and the type and nature of the new product or new customer, among others. Actual results could differ from those estimates and assumptions.</font></div><div style="line-height:120%;padding-top:12px;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">For the three months ended June 30, 2018</font><font style="font-family:inherit;font-size:10pt;">, cumulative catch-up adjustments from changes in estimates, including changes in forward loss estimates, </font><font style="font-family:inherit;font-size:10pt;">decreased</font><font style="font-family:inherit;font-size:10pt;"> net sales, operating income, net income and earnings per share by approximately </font><font style="font-family:inherit;font-size:10pt;">$(6,423)</font><font style="font-family:inherit;font-size:10pt;">, </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;">$(3,626)</font><font style="font-family:inherit;font-size:10pt;">, </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;">$(3,626)</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;">$(0.07)</font><font style="font-family:inherit;font-size:10pt;">, net of tax, respectively. In addition, the Company recorded a non-cash charge related to the adoption of ASU 2017-07 of </font><font style="font-family:inherit;font-size:10pt;">$87,241</font><font style="font-family:inherit;font-size:10pt;"> due to a change in estimate from a change in accounting principles, which is presented on the accompanying condensed consolidated statements of operations within "Cost of sales." For the </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">three</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">June 30, 2017</font><font style="font-family:inherit;font-size:10pt;">, cumulative catch-up adjustments from changes in estimates </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">decreased</font><font style="font-family:inherit;font-size:10pt;"> operating income, net income and earnings per share by approximately </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$(5,289)</font><font style="font-family:inherit;font-size:10pt;">, </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$(3,915)</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$(0.08)</font><font style="font-family:inherit;font-size:10pt;">, net of tax, respectively. </font></div></div>

Files In Submission

Name	View Source	Status
0001021162-18-000032-index-headers.html	Edgar Link	pending
0001021162-18-000032-index.html	Edgar Link	pending
0001021162-18-000032.txt	Edgar Link	pending
0001021162-18-000032-xbrl.zip	Edgar Link	pending
exhibit-311q1fy2019.htm	Edgar Link	pending
exhibit-312q1fy2019.htm	Edgar Link	pending
exhibit-321q1fy2019.htm	Edgar Link	pending
exhibit-322q1fy2019.htm	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
R14.htm	Edgar Link	pending
R15.htm	Edgar Link	pending
R16.htm	Edgar Link	pending
R17.htm	Edgar Link	pending
R18.htm	Edgar Link	pending
R19.htm	Edgar Link	pending
R2.htm	Edgar Link	pending
R20.htm	Edgar Link	pending
R21.htm	Edgar Link	pending
R22.htm	Edgar Link	pending
R23.htm	Edgar Link	pending
R24.htm	Edgar Link	pending
R25.htm	Edgar Link	pending
R26.htm	Edgar Link	pending
R27.htm	Edgar Link	pending
R28.htm	Edgar Link	pending
R29.htm	Edgar Link	pending
R3.htm	Edgar Link	pending
R30.htm	Edgar Link	pending
R31.htm	Edgar Link	pending
R32.htm	Edgar Link	pending
R33.htm	Edgar Link	pending
R34.htm	Edgar Link	pending
R35.htm	Edgar Link	pending
R36.htm	Edgar Link	pending
R37.htm	Edgar Link	pending
R38.htm	Edgar Link	pending
R39.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
R40.htm	Edgar Link	pending
R41.htm	Edgar Link	pending
R42.htm	Edgar Link	pending
R43.htm	Edgar Link	pending
R44.htm	Edgar Link	pending
R45.htm	Edgar Link	pending
R46.htm	Edgar Link	pending
R47.htm	Edgar Link	pending
R48.htm	Edgar Link	pending
R49.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
R50.htm	Edgar Link	pending
R51.htm	Edgar Link	pending
R52.htm	Edgar Link	pending
R53.htm	Edgar Link	pending
R54.htm	Edgar Link	pending
R55.htm	Edgar Link	pending
R56.htm	Edgar Link	pending
R57.htm	Edgar Link	pending
R58.htm	Edgar Link	pending
R59.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R60.htm	Edgar Link	pending
R61.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending
tgi-20180630.xml	Edgar Link	completed
tgi-20180630.xsd	Edgar Link	pending
tgi-20180630x10q.htm	Edgar Link	pending
tgi-20180630_cal.xml	Edgar Link	unprocessable
tgi-20180630_def.xml	Edgar Link	unprocessable
tgi-20180630_lab.xml	Edgar Link	unprocessable
tgi-20180630_pre.xml	Edgar Link	unprocessable

Create your account

Find Stocks Worth Researching

Deeply Understand Businesses

Value Businesses Intelligently

$TGI
TRIUMPH GROUP INC Stock $tgi

2018 Q2 Form 10-Q Financial Statement

#000102116218000032 Filed on August 08, 2018

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$TGI TRIUMPH GROUP INC Stock $tgi

2018 Q2 Form 10-Q Financial Statement

#000102116218000032 Filed on August 08, 2018

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$TGI
TRIUMPH GROUP INC Stock $tgi