2019 Q3 Form 10-Q Financial Statement

#000102116219000131 Filed on November 07, 2019

View on sec.gov

Income Statement

Concept 2019 Q3 2018 Q3
Revenue $772.1M $855.1M
YoY Change -9.71% 14.76%
Cost Of Revenue $622.2M $724.5M
YoY Change -14.11% 21.07%
Gross Profit $131.5M $107.4M
YoY Change 22.45% -11.94%
Gross Profit Margin 17.03% 12.55%
Selling, General & Admin $66.20M $69.55M
YoY Change -4.82% -7.81%
% of Gross Profit 50.36% 64.78%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $30.22M $38.13M
YoY Change -20.76% -6.69%
% of Gross Profit 22.99% 35.52%
Operating Expenses $711.1M $857.1M
YoY Change -17.04% 15.02%
Operating Profit $61.04M -$2.001M
YoY Change -3150.32% 6800.0%
Interest Expense -$35.40M -$28.70M
YoY Change 23.34% 12.99%
% of Operating Profit -58.0%
Other Income/Expense, Net $26.40M $16.50M
YoY Change 60.0% -12.7%
Pretax Income $53.46M -$14.19M
YoY Change -476.72% 117.42%
Income Tax $11.23M $485.0K
% Of Pretax Income 21.0%
Net Earnings $42.23M -$14.68M
YoY Change -387.78% 172.89%
Net Earnings / Revenue 5.47% -1.72%
Basic Earnings Per Share $0.84 -$0.30
Diluted Earnings Per Share $0.84 -$0.30
COMMON SHARES
Basic Shares Outstanding 49.99M 49.63M shares
Diluted Shares Outstanding 50.46M 49.63M shares

Balance Sheet

Concept 2019 Q3 2018 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $24.90M $33.20M
YoY Change -25.0% -1.48%
Cash & Equivalents $24.85M $33.23M
Short-Term Investments
Other Short-Term Assets $20.90M $30.00M
YoY Change -30.33% 3.81%
Inventory $454.4M $533.6M
Prepaid Expenses
Receivables $342.3M $377.1M
Other Receivables $0.00 $0.00
Total Short-Term Assets $1.143B $1.544B
YoY Change -25.96% -12.35%
LONG-TERM ASSETS
Property, Plant & Equipment $503.0M $714.0M
YoY Change -29.56% -7.14%
Goodwill $578.9M $586.5M
YoY Change -1.3% -47.86%
Intangibles $406.0M $479.9M
YoY Change -15.4% -10.07%
Long-Term Investments
YoY Change
Other Assets $130.8M $51.08M
YoY Change 156.13% -45.19%
Total Long-Term Assets $1.619B $1.832B
YoY Change -11.62% -27.34%
TOTAL ASSETS
Total Short-Term Assets $1.143B $1.544B
Total Long-Term Assets $1.619B $1.832B
Total Assets $2.762B $3.375B
YoY Change -18.18% -21.17%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $418.7M $561.5M
YoY Change -25.43% 44.63%
Accrued Expenses $222.0M $230.1M
YoY Change -3.53% -56.49%
Deferred Revenue $277.0M $355.0M
YoY Change -21.97%
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $7.800M $15.00M
YoY Change -48.0% -34.5%
Total Short-Term Liabilities $925.4M $1.162B
YoY Change -20.35% 23.61%
LONG-TERM LIABILITIES
Long-Term Debt $1.461B $1.613B
YoY Change -9.44% 14.47%
Other Long-Term Liabilities $390.9M $374.9M
YoY Change 4.27% -18.06%
Total Long-Term Liabilities $390.9M $374.9M
YoY Change 4.27% -18.06%
TOTAL LIABILITIES
Total Short-Term Liabilities $925.4M $1.162B
Total Long-Term Liabilities $390.9M $374.9M
Total Liabilities $1.316B $1.537B
YoY Change -14.34% 9.97%
SHAREHOLDERS EQUITY
Retained Earnings -$737.5M -$534.0M
YoY Change 38.12% -193.97%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $145.5M $174.3M
YoY Change -16.53% -3.73%
Treasury Stock Shares 2.386M shares 2.648M shares
Shareholders Equity -$590.8M -$238.1M
YoY Change
Total Liabilities & Shareholders Equity $2.762B $3.375B
YoY Change -18.18% -21.17%

Cashflow Statement

Concept 2019 Q3 2018 Q3
OPERATING ACTIVITIES
Net Income $42.23M -$14.68M
YoY Change -387.78% 172.89%
Depreciation, Depletion And Amortization $30.22M $38.13M
YoY Change -20.76% -6.69%
Cash From Operating Activities -$15.60M -$131.5M
YoY Change -88.14% -34.28%
INVESTING ACTIVITIES
Capital Expenditures -$9.500M -$12.10M
YoY Change -21.49% 13.08%
Acquisitions
YoY Change
Other Investing Activities $40.30M
YoY Change -39.4%
Cash From Investing Activities -$6.900M $28.30M
YoY Change -124.38% -49.28%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 19.70M 103.3M
YoY Change -80.93% -27.96%
NET CHANGE
Cash From Operating Activities -15.60M -131.5M
Cash From Investing Activities -6.900M 28.30M
Cash From Financing Activities 19.70M 103.3M
Net Change In Cash -2.800M 100.0K
YoY Change -2900.0% -111.11%
FREE CASH FLOW
Cash From Operating Activities -$15.60M -$131.5M
Capital Expenditures -$9.500M -$12.10M
Free Cash Flow -$6.100M -$119.4M
YoY Change -94.89% -36.96%

Facts In Submission

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us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-17569000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
16783000 USD
us-gaap Line Of Credit Facility Increase Decrease For Period Net
LineOfCreditFacilityIncreaseDecreaseForPeriodNet
147615000 USD
us-gaap Line Of Credit Facility Increase Decrease For Period Net
LineOfCreditFacilityIncreaseDecreaseForPeriodNet
-219773000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
546000000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
24700000 USD
us-gaap Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
415447000 USD
us-gaap Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
58823000 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
16275000 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
1922000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
4001000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
3981000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
1048000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
548000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-38386000 USD
CY2018Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
33227000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
179199000 USD
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-1407000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-67955000 USD
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-1395000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-2592000 USD
CY2019Q3 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
757267000 USD
CY2019Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
76444000 USD
CY2019Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
84663000 USD
CY2019Q2 us-gaap New Accounting Pronouncement Or Change In Accounting Principle Cumulative Effect Of Change On Equity Or Net Assets1
NewAccountingPronouncementOrChangeInAccountingPrincipleCumulativeEffectOfChangeOnEquityOrNetAssets1
225000 USD
us-gaap Description Of New Accounting Pronouncements Not Yet Adopted
DescriptionOfNewAccountingPronouncementsNotYetAdopted
<div style="line-height:120%;padding-top:12px;text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-style:italic;">Standards Issued Not Yet Implemented</span></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:left;text-indent:24px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">In June 2016, the FASB issued ASU 2016-13, </span><span style="font-family:inherit;font-size:10pt;font-style:italic;">Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments</span><span style="font-family:inherit;font-size:10pt;">. This ASU modifies the measurement of expected credit losses of certain financial instruments. ASU 2016-13 is effective for annual periods beginning after December 15, 2019, and interim periods within those annual periods. The amendments in this ASU should be applied on a modified retrospective basis to all periods presented. We are currently evaluating the effect that ASU 2016-13 will have on our consolidated financial statements and related disclosures.</span></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:left;text-indent:24px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">In August 2018, the FASB issued ASU 2018-13, </span><span style="font-family:inherit;font-size:10pt;font-style:italic;">Fair Value Measurement (Topic 820): Disclosure Framework-Changes to the Disclosure Requirements for Fair Value Measurement</span><span style="font-family:inherit;font-size:10pt;">. This ASU modifies the disclosure requirements for fair value measurements by removing, modifying or adding certain disclosures. ASU 2018-13 is effective for annual periods beginning after December 15, 2019, and interim periods within those annual periods, with early adoption permitted. The amendments on changes in unrealized gains and losses, the range and weighted average of significant unobservable inputs used to develop Level 3 fair value measurements, and the narrative description of measurement uncertainty should be applied prospectively for only the most recent interim or annual period presented in the initial fiscal year of adoption. All other amendments should be applied retrospectively to all periods presented upon their effective date. We are currently evaluating the effect that ASU 2018-13 will have on our consolidated financial statements and related disclosures.</span></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:left;text-indent:24px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">In August 2018, the FASB issued ASU 2018-14, </span><span style="font-family:inherit;font-size:10pt;font-style:italic;">Compensation—Retirement Benefits—Defined Benefit Plans—General (Subtopic 715-20): Disclosure Framework—Changes to the Disclosure Requirements for Defined Benefit Plans</span><span style="font-family:inherit;font-size:10pt;">, which modifies the disclosure requirements for defined benefit pension plans and other postretirement plans. ASU 2018-14 is effective for annual periods beginning after December 15, 2020, with early adoption permitted. The amendments in this ASU should be applied on a retrospective basis to all periods presented. We are currently evaluating the effect that ASU 2018-14 will have on our consolidated financial statements and related disclosures.</span></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:left;text-indent:24px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">In August 2018, the FASB issued ASU 2018-15, </span><span style="font-family:inherit;font-size:10pt;font-style:italic;">Intangibles-Goodwill and Other-Internal-Use Software (Subtopic 350-40): Customer's Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement That Is a Service Contract</span><span style="font-family:inherit;font-size:10pt;">. This ASU aligns the requirements for capitalizing implementation costs incurred in a hosting arrangement that is a service contract with the requirements for capitalizing implementation costs incurred to develop or obtain internal-use software (and hosting arrangements that include an internal-use software license). ASU 2018-15 is effective for annual periods beginning after December 15, 2019, and interim periods within those annual periods, with early adoption permitted. The amendments in this ASU should be applied either retrospectively or prospectively to all implementation costs incurred after the date of adoption. We are currently evaluating the effect that ASU 2018-15 will have on our consolidated financial statements and related disclosures.</span></div>
us-gaap Use Of Estimates
UseOfEstimates
<div style="line-height:120%;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-style:italic;">Use of Estimates</span></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;padding-bottom:12px;text-align:left;text-indent:24px;font-size:10pt;"><span 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 consolidated financial statements and accompanying notes. Actual results could differ from those estimates.</span></div>
CY2019Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
351285000 USD
CY2019Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
405982000 USD
CY2019Q1 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
758599000 USD
CY2019Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
327645000 USD
CY2019Q1 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
430954000 USD
CY2019Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
12063000 USD
CY2018Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
13203000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
24146000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
26436000 USD
tgi Standard Product Warranty Term Of Warranty
StandardProductWarrantyTermOfWarranty
P3Y
tgi Extended Product Warranty Term Of Warranty
ExtendedProductWarrantyTermOfWarranty
P20Y
CY2019Q3 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
60207000 USD
CY2019Q1 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
58395000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
2724000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
7120000 USD
CY2019Q3 us-gaap Stock Repurchase Program Remaining Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramRemainingNumberOfSharesAuthorizedToBeRepurchased
2277789 shares
CY2019Q3 us-gaap Assets Of Disposal Group Including Discontinued Operation
AssetsOfDisposalGroupIncludingDiscontinuedOperation
125000000 USD
CY2019Q3 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
10000000 USD
us-gaap Revenues
Revenues
1502341000 USD
CY2019Q3 us-gaap Revenues
Revenues
772110000 USD
CY2018Q3 us-gaap Revenues
Revenues
855108000 USD
CY2019Q3 us-gaap Revenues
Revenues
772110000 USD
CY2018Q3 us-gaap Revenues
Revenues
855108000 USD
us-gaap Revenues
Revenues
1502341000 USD
us-gaap Revenues
Revenues
1688008000 USD
us-gaap Revenues
Revenues
1688008000 USD
CY2019Q3 tgi Contractwith Customer Currentand Noncurrent
ContractwithCustomerCurrentandNoncurrent
334843000 USD
CY2019Q1 tgi Contractwith Customer Currentand Noncurrent
ContractwithCustomerCurrentandNoncurrent
326667000 USD
CY2019Q3 tgi Total Contractwith Customer Liability Currentand Noncurrent
TotalContractwithCustomerLiabilityCurrentandNoncurrent
390704000 USD
CY2019Q1 tgi Total Contractwith Customer Liability Currentand Noncurrent
TotalContractwithCustomerLiabilityCurrentandNoncurrent
450051000 USD
CY2019Q3 tgi Contractwith Customer Net Asset Liability Currentand Noncurrent
ContractwithCustomerNetAssetLiabilityCurrentandNoncurrent
55861000 USD
CY2019Q1 tgi Contractwith Customer Net Asset Liability Currentand Noncurrent
ContractwithCustomerNetAssetLiabilityCurrentandNoncurrent
123384000 USD
tgi Contractwith Customer Asset Contract Assets Sold
ContractwithCustomerAssetContractAssetsSold
76667000 USD
tgi Contractwith Customers Liability Contract Liabilities Sold
ContractwithCustomersLiabilityContractLiabilitiesSold
12641000 USD
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
48555000 USD
CY2019Q3 us-gaap Contract With Customer Asset Net Noncurrent
ContractWithCustomerAssetNetNoncurrent
34173000 USD
CY2019Q1 us-gaap Contract With Customer Asset Net Noncurrent
ContractWithCustomerAssetNetNoncurrent
34185000 USD
CY2019Q3 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
113737000 USD
CY2019Q1 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
156332000 USD
CY2019Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
4426826000 USD
CY2019Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
2167822000 USD
CY2019Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
1348222000 USD
CY2019Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
458893000 USD
CY2019Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
451889000 USD
us-gaap Operating Lease Cost
OperatingLeaseCost
12760000 USD
us-gaap Variable Lease Cost
VariableLeaseCost
3722000 USD
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
2730000 USD
us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
1192000 USD
us-gaap Lease Cost
LeaseCost
20404000 USD
us-gaap Operating Lease Payments
OperatingLeasePayments
9300000 USD
us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
1196000 USD
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
4647000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
2455000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
795000 USD
CY2019Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
70050000 USD
CY2019Q3 tgi Finance Lease Rightof Use Asset Gross
FinanceLeaseRightofUseAssetGross
45269000 USD
CY2019Q3 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
26018000 USD
CY2019Q3 tgi Total Rightof Use Assets
TotalRightofUseAssets
96068000 USD
CY2019Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
16804000 USD
CY2019Q3 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
7759000 USD
CY2019Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
63753000 USD
CY2019Q3 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
20360000 USD
CY2019Q3 tgi Total Lease Liabilities
TotalLeaseLiabilities
108676000 USD
CY2019Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P7Y4M24D
CY2019Q3 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P6Y8M12D
CY2019Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.064
CY2019Q3 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.057
CY2019Q3 us-gaap Finance Lease Liability Payments Due In Rolling Year Two
FinanceLeaseLiabilityPaymentsDueInRollingYearTwo
17028000 USD
CY2019Q3 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
8773000 USD
CY2019Q3 tgi Total Lease Payments Due Year2
TotalLeasePaymentsDueYear2
25801000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
14735000 USD
CY2019Q3 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
5738000 USD
CY2019Q3 tgi Total Lease Payments Due Year3
TotalLeasePaymentsDueYear3
20473000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
11344000 USD
CY2019Q3 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
2862000 USD
CY2019Q3 tgi Total Lease Payments Due Year4
TotalLeasePaymentsDueYear4
14206000 USD
CY2019Q3 us-gaap Finance Lease Liability Payments Remainder Of Fiscal Year
FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear
4689000 USD
CY2019Q3 tgi Total Lease Payments Remainderof Fiscal Year
TotalLeasePaymentsRemainderofFiscalYear
16863000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
12174000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
8696000 USD
CY2019Q3 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
2110000 USD
CY2019Q3 tgi Total Lease Payments Due Year5
TotalLeasePaymentsDueYear5
10806000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
37931000 USD
CY2019Q3 us-gaap Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
11263000 USD
CY2019Q3 tgi Total Lease Payments Due After Year5
TotalLeasePaymentsDueAfterYear5
49194000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
101908000 USD
CY2019Q3 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
35435000 USD
CY2019Q3 tgi Total Lease Payments Due
TotalLeasePaymentsDue
137343000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
21351000 USD
CY2019Q3 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
7316000 USD
CY2019Q3 tgi Total Lease Payments Undiscounted Excess
TotalLeasePaymentsUndiscountedExcess
28667000 USD
CY2019Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
80557000 USD
CY2019Q3 us-gaap Finance Lease Liability
FinanceLeaseLiability
28119000 USD
CY2019Q3 tgi Total Lease Liability
TotalLeaseLiability
108676000 USD
tgi Mandatory Repayment Minimum Percentof Proceeds
MandatoryRepaymentMinimumPercentofProceeds
1
tgi Mandatory Repayment Minimum Percentof Proceeds
MandatoryRepaymentMinimumPercentofProceeds
1
CY2019Q3 us-gaap Inventory Raw Materials
InventoryRawMaterials
37128000 USD
CY2019Q1 us-gaap Inventory Raw Materials
InventoryRawMaterials
35883000 USD
CY2019Q3 us-gaap Inventory Work In Process
InventoryWorkInProcess
306634000 USD
CY2019Q1 us-gaap Inventory Work In Process
InventoryWorkInProcess
277996000 USD
CY2019Q3 us-gaap Inventory Finished Goods
InventoryFinishedGoods
53776000 USD
CY2019Q1 us-gaap Inventory Finished Goods
InventoryFinishedGoods
42399000 USD
CY2019Q3 tgi Rotable Assets
RotableAssets
56864000 USD
CY2019Q1 tgi Rotable Assets
RotableAssets
57282000 USD
CY2019Q3 us-gaap Inventory Net
InventoryNet
454402000 USD
CY2019Q1 us-gaap Inventory Net
InventoryNet
413560000 USD
CY2019Q3 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
17871000 USD
CY2019Q1 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
13171000 USD
CY2019Q3 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
1468533000 USD
CY2019Q1 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
1488821000 USD
CY2019Q3 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
7759000 USD
CY2019Q1 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
8201000 USD
CY2019Q3 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
1460774000 USD
CY2019Q1 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
1480620000 USD
tgi Proceedsfrom Saleof Specified Assets
ProceedsfromSaleofSpecifiedAssets
100000000 USD
tgi Mandatoryrepayment
Mandatoryrepayment
50000000 USD
CY2019Q3 tgi Debt Instrument Redemption Price Percentage Changeof Control
DebtInstrumentRedemptionPricePercentageChangeofControl
1.01
us-gaap Interest Paid
InterestPaid
48972000 USD
us-gaap Interest Paid
InterestPaid
38587000 USD
CY2019Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
49987000 shares
CY2018Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
49628000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
49927000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
49590000 shares
CY2019Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
473000 shares
CY2018Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
458000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2019Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
50460000 shares
CY2018Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
49628000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
50385000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
49590000 shares
CY2019Q3 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
19446000 USD
CY2019Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
19152000 USD
CY2019Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.210
CY2018Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.022
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.210
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.016
CY2019Q1 us-gaap Goodwill
Goodwill
583225000 USD
us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-4309000 USD
CY2019Q3 us-gaap Goodwill
Goodwill
578916000 USD
CY2019Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-489277000 USD
CY2019Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-6227000 USD
CY2019Q3 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-128953000 USD
CY2019Q3 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
CY2019Q3 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-52329000 USD
CY2019Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-76624000 USD
CY2019Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-565901000 USD
CY2018Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-383828000 USD
CY2018Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
1038000 USD
CY2018Q3 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
2345000 USD
CY2018Q3 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
CY2018Q3 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
742000 USD
CY2018Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
1603000 USD
CY2018Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-382225000 USD
CY2019Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-487684000 USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-8910000 USD
us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-131541000 USD
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
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-53324000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-78217000 USD
CY2019Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-565901000 USD
CY2018Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
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