2019 Q2 Form 10-Q Financial Statement

#000132069519000137 Filed on August 01, 2019

View on sec.gov

Income Statement

Concept 2019 Q2 2018 Q4 2018 Q2
Revenue $1.025B $1.481B $1.456B
YoY Change -29.57% -12.87% -4.36%
Cost Of Revenue $836.1M $937.3M $1.219B
YoY Change -31.43% -34.88% -2.09%
Gross Profit $189.2M $251.5M $215.1M
YoY Change -12.04% -2.41% -22.23%
Gross Profit Margin 18.45% 16.98% 14.78%
Selling, General & Admin $163.4M $114.6M $164.6M
YoY Change -0.73% -35.62% -7.37%
% of Gross Profit 86.36% 45.57% 76.52%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $34.90M $90.40M $40.60M
YoY Change -14.04% 21.51% 7.12%
% of Gross Profit 18.45% 35.94% 18.87%
Operating Expenses $197.1M $129.1M $232.6M
YoY Change -15.26% -37.84% 30.89%
Operating Profit -$7.900M $122.4M $3.900M
YoY Change -302.56% 144.8% -96.06%
Interest Expense $26.10M -$53.40M $31.30M
YoY Change -16.61% 88.03% -191.79%
% of Operating Profit -43.63% 802.56%
Other Income/Expense, Net -$49.00M -$10.30M -$29.40M
YoY Change 66.67% -568.18% -8.98%
Pretax Income -$56.90M -$2.900M -$25.80M
YoY Change 120.54% -99.46% -53.93%
Income Tax -$6.800M $1.500M -$6.000M
% Of Pretax Income
Net Earnings -$171.8M -$13.90M -$19.50M
YoY Change 781.03% -95.5% -42.98%
Net Earnings / Revenue -16.76% -0.94% -1.34%
Basic Earnings Per Share -$3.05 -$0.25 -$0.35
Diluted Earnings Per Share -$3.05 -$0.25 -$0.35
COMMON SHARES
Basic Shares Outstanding 56.30M shares 56.00M shares 56.40M shares
Diluted Shares Outstanding 56.30M shares 56.40M shares

Balance Sheet

Concept 2019 Q2 2018 Q4 2018 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $63.70M $164.3M $112.9M
YoY Change -43.58% 11.84% -39.4%
Cash & Equivalents $63.70M $164.3M $98.90M
Short-Term Investments $14.00M
Other Short-Term Assets $226.2M $546.8M $118.5M
YoY Change 90.89% 509.59% 23.7%
Inventory $842.1M $615.6M $944.3M
Prepaid Expenses
Receivables $184.5M $177.0M $198.9M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $1.433B $1.678B $1.434B
YoY Change -0.05% 13.02% -11.91%
LONG-TERM ASSETS
Property, Plant & Equipment $1.149B $1.142B $1.270B
YoY Change -9.54% -11.75% -2.0%
Goodwill $2.113B $2.108B $2.177B
YoY Change -2.93% -3.0% -11.32%
Intangibles $635.5M $656.4M $737.0M
YoY Change -13.77% -15.08% -32.35%
Long-Term Investments
YoY Change
Other Assets $43.60M $44.70M $42.60M
YoY Change 2.35% -1.11% 1.19%
Total Long-Term Assets $4.160B $3.951B $4.227B
YoY Change -1.58% -7.99% -13.43%
TOTAL ASSETS
Total Short-Term Assets $1.433B $1.678B $1.434B
Total Long-Term Assets $4.160B $3.951B $4.227B
Total Assets $5.593B $5.629B $5.661B
YoY Change -1.19% -2.6% -13.05%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $525.6M $577.9M $504.0M
YoY Change 4.29% 28.05% -12.62%
Accrued Expenses $303.2M $252.5M $184.3M
YoY Change 64.51% 82.44% 49.23%
Deferred Revenue $45.70M
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $7.900M $1.200M $10.20M
YoY Change -22.55% -88.12% -85.61%
Total Short-Term Liabilities $836.7M $837.6M $708.9M
YoY Change 18.03% 39.65% -9.46%
LONG-TERM LIABILITIES
Long-Term Debt $2.258B $2.297B $2.391B
YoY Change -5.57% -9.4% -6.91%
Other Long-Term Liabilities $159.9M $168.2M $201.5M
YoY Change -20.65% -16.77% -1.99%
Total Long-Term Liabilities $159.9M $168.2M $201.5M
YoY Change -20.65% -16.77% -1.99%
TOTAL LIABILITIES
Total Short-Term Liabilities $836.7M $837.6M $708.9M
Total Long-Term Liabilities $159.9M $168.2M $201.5M
Total Liabilities $3.610B $3.469B $3.475B
YoY Change 3.87% -1.33% -12.4%
SHAREHOLDERS EQUITY
Retained Earnings $5.300M $204.0M
YoY Change -17.04%
Common Stock $2.144B $2.136B
YoY Change 1.37%
Preferred Stock
YoY Change
Treasury Stock (at cost) $83.30M $83.30M $58.40M
YoY Change 42.64% 190.24%
Treasury Stock Shares
Shareholders Equity $1.983B $2.160B $2.208B
YoY Change
Total Liabilities & Shareholders Equity $5.593B $5.629B $5.661B
YoY Change -1.19% -2.6% -13.05%

Cashflow Statement

Concept 2019 Q2 2018 Q4 2018 Q2
OPERATING ACTIVITIES
Net Income -$171.8M -$13.90M -$19.50M
YoY Change 781.03% -95.5% -42.98%
Depreciation, Depletion And Amortization $34.90M $90.40M $40.60M
YoY Change -14.04% 21.51% 7.12%
Cash From Operating Activities $47.30M $235.3M $173.5M
YoY Change -72.74% -3.01% -30.29%
INVESTING ACTIVITIES
Capital Expenditures -$37.60M -$77.70M -$46.90M
YoY Change -19.83% 20.09% 11.67%
Acquisitions
YoY Change
Other Investing Activities $1.400M $15.50M $2.900M
YoY Change -51.72% 3000.0% -85.85%
Cash From Investing Activities -$36.20M -$62.20M -$44.00M
YoY Change -17.73% -3.12% 104.65%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -26.60M -60.20M -157.9M
YoY Change -83.15% -66.48% 30.5%
NET CHANGE
Cash From Operating Activities 47.30M 235.3M 173.5M
Cash From Investing Activities -36.20M -62.20M -44.00M
Cash From Financing Activities -26.60M -60.20M -157.9M
Net Change In Cash -15.50M 112.9M -28.40M
YoY Change -45.42% -9508.33% -126.69%
FREE CASH FLOW
Cash From Operating Activities $47.30M $235.3M $173.5M
Capital Expenditures -$37.60M -$77.70M -$46.90M
Free Cash Flow $84.90M $313.0M $220.4M
YoY Change -61.48% 1.85% -24.24%

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56400000 shares
CY2019Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
56300000 shares
CY2018Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
56400000 shares
CY2018Q2 us-gaap Net Income Loss
NetIncomeLoss
-19500000 USD
us-gaap Net Income Loss
NetIncomeLoss
-198700000 USD
us-gaap Net Income Loss
NetIncomeLoss
-53100000 USD
CY2019Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
7200000 USD
CY2018Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-9400000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
14000000.0 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-19500000 USD
CY2019Q2 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-200000 USD
CY2018Q2 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-100000 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-300000 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-300000 USD
CY2019Q2 ths Tax Cuts And Jobs Act Of2017 Reclassification From Aoci To Retained Earnings Tax Effect
TaxCutsAndJobsActOf2017ReclassificationFromAociToRetainedEarningsTaxEffect
0 USD
CY2018Q2 ths Tax Cuts And Jobs Act Of2017 Reclassification From Aoci To Retained Earnings Tax Effect
TaxCutsAndJobsActOf2017ReclassificationFromAociToRetainedEarningsTaxEffect
0 USD
ths Tax Cuts And Jobs Act Of2017 Reclassification From Aoci To Retained Earnings Tax Effect
TaxCutsAndJobsActOf2017ReclassificationFromAociToRetainedEarningsTaxEffect
0 USD
ths Tax Cuts And Jobs Act Of2017 Reclassification From Aoci To Retained Earnings Tax Effect
TaxCutsAndJobsActOf2017ReclassificationFromAociToRetainedEarningsTaxEffect
-1100000 USD
CY2019Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
7400000 USD
CY2018Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-9300000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
14300000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-73400000 USD
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
2284500000 USD
CY2018Q1 us-gaap Net Income Loss
NetIncomeLoss
-33600000 USD
CY2018Q1 ths Other Comprehensive Income Lossbefore Reclassification Netof Tax
OtherComprehensiveIncomeLossbeforeReclassificationNetofTax
-9900000 USD
CY2018Q1 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
17100000 USD
CY2018Q1 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
900000 USD
CY2018Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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16300000 USD
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
500000 USD
CY2019Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
6100000 USD
CY2017Q4 us-gaap Cumulative Effect Of New Accounting Principle In Period Of Adoption
CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption
400000 USD
CY2019Q1 us-gaap Stockholders Equity
StockholdersEquity
2141700000 USD
CY2018Q1 us-gaap Stockholders Equity
StockholdersEquity
2241500000 USD
CY2018Q2 us-gaap Net Income Loss
NetIncomeLoss
-19500000 USD
CY2018Q2 ths Other Comprehensive Income Lossbefore Reclassification Netof Tax
OtherComprehensiveIncomeLossbeforeReclassificationNetofTax
-9300000 USD
CY2018Q2 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
12600000 USD
CY2018Q2 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
800000 USD
CY2018Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
6900000 USD
CY2018Q2 us-gaap Stockholders Equity
StockholdersEquity
2207800000 USD
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
2160000000.0 USD
CY2019Q1 us-gaap Net Income Loss
NetIncomeLoss
-26900000 USD
CY2019Q1 ths Other Comprehensive Income Lossbefore Reclassification Netof Tax
OtherComprehensiveIncomeLossbeforeReclassificationNetofTax
6900000 USD
CY2019Q1 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
-4400000 USD
CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
-171800000 USD
CY2019Q2 ths Other Comprehensive Income Lossbefore Reclassification Netof Tax
OtherComprehensiveIncomeLossbeforeReclassificationNetofTax
7400000 USD
CY2019Q2 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
-700000 USD
CY2019Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
6700000 USD
CY2019Q2 us-gaap Stockholders Equity
StockholdersEquity
1983300000 USD
us-gaap Net Income Loss
NetIncomeLoss
-198700000 USD
us-gaap Net Income Loss
NetIncomeLoss
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us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
116100000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
128900000 USD
us-gaap Asset Impairment Charges
AssetImpairmentCharges
130400000 USD
us-gaap Asset Impairment Charges
AssetImpairmentCharges
0 USD
us-gaap Share Based Compensation
ShareBasedCompensation
12800000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
23200000 USD
us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-41200000 USD
us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
2000000.0 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
400000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-11200000 USD
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
-49800000 USD
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
-68500000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
32300000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
32200000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
28100000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
19400000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-81400000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
106200000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
9400000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
231300000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
60200000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
79300000 USD
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
13800000 USD
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
9000000.0 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
1400000 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
3300000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
100000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
700000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-72700000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-85700000 USD
us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
46300000 USD
us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
5900000 USD
us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
46300000 USD
us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
5900000 USD
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
1300000 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
0 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
2400000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
35000000.0 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
7000000.0 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
29600000 USD
ths Proceeds Related To Stock Based Award Activities
ProceedsRelatedToStockBasedAwardActivities
500000 USD
ths Proceeds Related To Stock Based Award Activities
ProceedsRelatedToStockBasedAwardActivities
4700000 USD
ths Payments Related To Stock Based Award Activities
PaymentsRelatedToStockBasedAwardActivities
5600000 USD
ths Payments Related To Stock Based Award Activities
PaymentsRelatedToStockBasedAwardActivities
3000000.0 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-41400000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
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4100000 USD
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
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CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
164300000 USD
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
132800000 USD
CY2019Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
63700000 USD
CY2018Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
98900000 USD
us-gaap Interest Paid Net
InterestPaidNet
56800000 USD
us-gaap Interest Paid Net
InterestPaidNet
60200000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
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us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
5700000 USD
ths Accrued Purchases Of Property And Equipment
AccruedPurchasesOfPropertyAndEquipment
26800000 USD
ths Accrued Purchases Of Property And Equipment
AccruedPurchasesOfPropertyAndEquipment
16200000 USD
ths Accrued Other Intangible Assets
AccruedOtherIntangibleAssets
4900000 USD
ths Accrued Other Intangible Assets
AccruedOtherIntangibleAssets
5900000 USD
CY2019Q1 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
252500000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
7400000 USD
CY2018Q2 us-gaap Other Restructuring Costs
OtherRestructuringCosts
800000 USD
us-gaap Other Restructuring Costs
OtherRestructuringCosts
3300000 USD
CY2019Q2 ths Lease Liability Current
LeaseLiabilityCurrent
41400000 USD
CY2019Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
194400000 USD
CY2019Q2 us-gaap Restructuring Charges
RestructuringCharges
36800000 USD
CY2018Q2 us-gaap Restructuring Charges
RestructuringCharges
50600000 USD
us-gaap Restructuring Charges
RestructuringCharges
70500000 USD
us-gaap Restructuring Charges
RestructuringCharges
89200000 USD
us-gaap Other Restructuring Costs
OtherRestructuringCosts
0 USD
ths Lessee Operatingand Finance Leases Optionto Extend Term
LesseeOperatingandFinanceLeasesOptiontoExtendTerm
P29Y
ths Lessee Operatingand Finance Leases Optionto Terminate Term
LesseeOperatingandFinanceLeasesOptiontoTerminateTerm
P1Y
CY2019Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
218600000 USD
CY2019Q2 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
2100000 USD
CY2019Q2 ths Leases Rightof Use Asset
LeasesRightofUseAsset
220700000 USD
CY2019Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
40400000 USD
CY2019Q2 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
1000000.0 USD
CY2019Q2 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
900000 USD
CY2019Q2 ths Lease Liability Noncurrent
LeaseLiabilityNoncurrent
195300000 USD
CY2019Q2 ths Lease Liability
LeaseLiability
236700000 USD
CY2019Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.047
CY2019Q2 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.041
CY2019Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P8Y
CY2019Q2 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P2Y7M6D
CY2019Q2 us-gaap Operating Lease Cost
OperatingLeaseCost
14600000 USD
us-gaap Operating Lease Cost
OperatingLeaseCost
26200000 USD
CY2019Q2 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
400000 USD
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
800000 USD
CY2019Q2 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
0 USD
us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
100000 USD
CY2019Q2 ths Financing Lease Cost
FinancingLeaseCost
400000 USD
ths Financing Lease Cost
FinancingLeaseCost
900000 USD
CY2019Q2 us-gaap Variable Lease Cost
VariableLeaseCost
1500000 USD
us-gaap Variable Lease Cost
VariableLeaseCost
2700000 USD
CY2019Q2 us-gaap Lease Cost
LeaseCost
16500000 USD
us-gaap Lease Cost
LeaseCost
29800000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2019Q1 us-gaap Net Income Loss
NetIncomeLoss
-26900000 USD
CY2018Q2 us-gaap Net Income Loss
NetIncomeLoss
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us-gaap Net Income Loss
NetIncomeLoss
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CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
24900000 USD
CY2019Q2 us-gaap Finance Lease Liability Payments Remainder Of Fiscal Year
FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear
700000 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
45800000 USD
CY2019Q2 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
700000 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
41400000 USD
CY2019Q2 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
600000 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
33000000.0 USD
CY2019Q2 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
300000 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
26600000 USD
CY2019Q2 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
0 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
113400000 USD
CY2019Q2 us-gaap Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
0 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
285100000 USD
CY2019Q2 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
2300000 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
50300000 USD
CY2019Q2 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
400000 USD
CY2019Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
234800000 USD
CY2019Q2 us-gaap Finance Lease Liability
FinanceLeaseLiability
1900000 USD
ths Lessee Operating Lease Optionto Extend Amount
LesseeOperatingLeaseOptiontoExtendAmount
3000000.0 USD
us-gaap Operating Lease Payments
OperatingLeasePayments
24400000 USD
us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
100000 USD
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
1300000 USD
CY2019Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-20000000.0 USD
CY2018Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-28800000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-73400000 USD
CY2019Q1 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.48
CY2018Q2 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.35
ths Numberof Agreements
NumberofAgreements
2 agreement
us-gaap Proceeds From Collection Of Retained Interest In Securitized Receivables
ProceedsFromCollectionOfRetainedInterestInSecuritizedReceivables
0 USD
CY2019Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
184500000 USD
CY2018Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
177000000.0 USD
CY2019Q2 us-gaap Gain Loss On Sale Of Accounts Receivable
GainLossOnSaleOfAccountsReceivable
-1200000 USD
CY2018Q2 us-gaap Gain Loss On Sale Of Accounts Receivable
GainLossOnSaleOfAccountsReceivable
-700000 USD
us-gaap Gain Loss On Sale Of Accounts Receivable
GainLossOnSaleOfAccountsReceivable
-2100000 USD
us-gaap Gain Loss On Sale Of Accounts Receivable
GainLossOnSaleOfAccountsReceivable
-1300000 USD
CY2019Q2 us-gaap Receivables From Customers
ReceivablesFromCustomers
70500000 USD
CY2018Q4 us-gaap Receivables From Customers
ReceivablesFromCustomers
119300000 USD
CY2019Q2 us-gaap Inventory Raw Materials And Supplies Net Of Reserves
InventoryRawMaterialsAndSuppliesNetOfReserves
358700000 USD
CY2018Q4 us-gaap Inventory Raw Materials And Supplies Net Of Reserves
InventoryRawMaterialsAndSuppliesNetOfReserves
390800000 USD
CY2019Q2 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
483400000 USD
CY2018Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
473000000.0 USD
CY2019Q2 us-gaap Inventory Net
InventoryNet
842100000 USD
CY2018Q4 us-gaap Inventory Net
InventoryNet
863800000 USD
CY2019Q1 us-gaap Cost Of Revenue
CostOfRevenue
1106000000.0 USD
CY2018Q2 us-gaap Cost Of Revenue
CostOfRevenue
1219300000 USD
us-gaap Cost Of Revenue
CostOfRevenue
2467900000 USD
CY2019Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-400000 USD
CY2018Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
3900000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
-4100000 USD
CY2019Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-12200000 USD
CY2018Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-6000000.0 USD
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.94
CY2018Q4 us-gaap Inventory Net
InventoryNet
863800000 USD
CY2018Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
160200000 USD
CY2018Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
204000000.0 USD
us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
4800000 USD
CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
-171800000 USD
CY2018Q2 us-gaap Net Income Loss
NetIncomeLoss
-19500000 USD
us-gaap Net Income Loss
NetIncomeLoss
-198700000 USD
us-gaap Net Income Loss
NetIncomeLoss
-53100000 USD
CY2019Q2 us-gaap Land
Land
70000000.0 USD
CY2018Q4 us-gaap Land
Land
70600000 USD
CY2019Q2 us-gaap Buildings And Improvements Gross
BuildingsAndImprovementsGross
469400000 USD
CY2018Q4 us-gaap Buildings And Improvements Gross
BuildingsAndImprovementsGross
461400000 USD
CY2019Q2 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
1268100000 USD
CY2018Q4 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
1341200000 USD
CY2019Q2 us-gaap Construction In Progress Gross
ConstructionInProgressGross
109700000 USD
CY2018Q4 us-gaap Construction In Progress Gross
ConstructionInProgressGross
119200000 USD
CY2019Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1917200000 USD
CY2018Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1992400000 USD
CY2019Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
768000000.0 USD
CY2018Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
718000000.0 USD
CY2019Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1149200000 USD
CY2018Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1274400000 USD
CY2019Q2 us-gaap Depreciation
Depreciation
34900000 USD
CY2018Q2 us-gaap Depreciation
Depreciation
40600000 USD
us-gaap Depreciation
Depreciation
75200000 USD
us-gaap Depreciation
Depreciation
85400000 USD
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
4 segment
CY2018Q4 us-gaap Goodwill Gross
GoodwillGross
2782700000 USD
CY2018Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
621300000 USD
CY2018Q4 us-gaap Goodwill
Goodwill
2161400000 USD
us-gaap Goodwill Transfers
GoodwillTransfers
-53500000 USD
CY2019Q2 us-gaap Goodwill
Goodwill
2112700000 USD
CY2019Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
1164900000 USD
CY2019Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-73400000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
9400000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
60200000 USD
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
13800000 USD
ths Payments For Proceeds From Intercompany Receivables Investing Activities
PaymentsForProceedsFromIntercompanyReceivablesInvestingActivities
0 USD
us-gaap Proceeds From Sale Of Other Assets Investing Activities
ProceedsFromSaleOfOtherAssetsInvestingActivities
1300000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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us-gaap Proceeds From Repayments Of Debt
ProceedsFromRepaymentsOfDebt
-36300000 USD
ths Payments For Proceeds From Intercompany Receivables Financing Activities
PaymentsForProceedsFromIntercompanyReceivablesFinancingActivities
0 USD
ths Proceeds Related To Stock Based Award Activities
ProceedsRelatedToStockBasedAwardActivities
500000 USD
ths Payments Related To Stock Based Award Activities
PaymentsRelatedToStockBasedAwardActivities
5600000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
4100000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
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CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
164300000 USD
CY2019Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
63700000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
231300000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
79300000 USD
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
9000000.0 USD
ths Payments For Proceeds From Intercompany Receivables Investing Activities
PaymentsForProceedsFromIntercompanyReceivablesInvestingActivities
0 USD
us-gaap Proceeds From Sale Of Other Assets Investing Activities
ProceedsFromSaleOfOtherAssetsInvestingActivities
2600000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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us-gaap Proceeds From Repayments Of Debt
ProceedsFromRepaymentsOfDebt
-150100000 USD
ths Payments For Proceeds From Intercompany Receivables Financing Activities
PaymentsForProceedsFromIntercompanyReceivablesFinancingActivities
0 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
29600000 USD
ths Proceeds Related To Stock Based Award Activities
ProceedsRelatedToStockBasedAwardActivities
4700000 USD
ths Payments Related To Stock Based Award Activities
PaymentsRelatedToStockBasedAwardActivities
3000000.0 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
-1500000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-33900000 USD
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
132800000 USD
CY2018Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
98900000 USD

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