2016 Q4 Form 10-K Financial Statement

#000156168018000015 Filed on February 20, 2018

View on sec.gov

Income Statement

Concept 2016 Q4 2016 Q3 2016 Q2
Revenue $773.8M $582.0M $625.2M
YoY Change -12.1% -10.2% 26.18%
Cost Of Revenue $617.7M $464.6M $447.8M
YoY Change -8.91% -9.19% 26.53%
Gross Profit $156.1M $117.4M $177.4M
YoY Change -22.06% -14.04% 25.28%
Gross Profit Margin 20.17% 20.17% 28.38%
Selling, General & Admin $70.90M $63.13M $62.93M
YoY Change -0.84% 11.2% 16.77%
% of Gross Profit 45.43% 53.77% 35.47%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $800.0K $800.0K -$300.0K
YoY Change -72.41% -63.64% -117.65%
% of Gross Profit 0.51% 0.68% -0.17%
Operating Expenses $71.00M $63.13M $62.93M
YoY Change -0.98% 11.2% 16.77%
Operating Profit $85.07M $54.03M $114.1M
YoY Change -33.82% -30.27% 31.09%
Interest Expense $1.600M $0.00 $0.00
YoY Change -42.86%
% of Operating Profit 1.88% 0.0% 0.0%
Other Income/Expense, Net $0.00 $21.00K $151.0K
YoY Change -100.0% -55.32% -587.1%
Pretax Income $86.50M $55.44M $116.1M
YoY Change -34.12% -28.73% 33.45%
Income Tax $28.40M $20.30M $41.90M
% Of Pretax Income 32.83% 36.61% 36.09%
Net Earnings $57.86M $34.83M $73.93M
YoY Change -31.99% -30.56% 34.58%
Net Earnings / Revenue 7.48% 5.98% 11.82%
Basic Earnings Per Share $0.36 $0.22 $0.46
Diluted Earnings Per Share $0.36 $0.22 $0.46
COMMON SHARES
Basic Shares Outstanding 160.1M shares 160.6M shares 161.8M shares
Diluted Shares Outstanding 161.3M shares 162.3M shares

Balance Sheet

Concept 2016 Q4 2016 Q3 2016 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $208.7M $128.7M $117.5M
YoY Change -2.7% 32.68% -3.61%
Cash & Equivalents $208.7M $128.7M $117.5M
Short-Term Investments
Other Short-Term Assets $24.50M $14.90M $13.30M
YoY Change 68.97% -29.05% -41.67%
Inventory $2.911B $2.969B $2.840B
Prepaid Expenses
Receivables $35.60M $25.60M $24.10M
Other Receivables $46.90M $20.40M $10.60M
Total Short-Term Assets $3.226B $3.159B $3.006B
YoY Change 15.56% 15.74% 10.72%
LONG-TERM ASSETS
Property, Plant & Equipment $10.88M $9.525M $7.531M
YoY Change 42.4% 7.4% -28.35%
Goodwill $139.3M $139.3M $139.3M
YoY Change 0.0% 0.0% 0.0%
Intangibles $22.19M $22.33M $22.46M
YoY Change -2.35% -2.34% -2.33%
Long-Term Investments $17.50M $17.20M $17.50M
YoY Change -7.89% -0.58% 1.16%
Other Assets $125.3M $114.2M $119.2M
YoY Change -5.65% -30.83% -31.1%
Total Long-Term Assets $338.3M $331.2M $330.6M
YoY Change -2.23% -13.46% -15.78%
TOTAL ASSETS
Total Short-Term Assets $3.226B $3.159B $3.006B
Total Long-Term Assets $338.3M $331.2M $330.6M
Total Assets $3.565B $3.490B $3.336B
YoY Change 13.59% 12.15% 7.37%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $70.30M $77.70M $79.80M
YoY Change 8.49% 14.77% 56.47%
Accrued Expenses $224.7M $174.2M $156.1M
YoY Change 30.72% 27.81% 33.08%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $13.70M $17.80M $17.80M
YoY Change 470.83% 134.21% 43.55%
Total Short-Term Liabilities $330.7M $298.1M $281.8M
YoY Change 27.14% 24.26% 30.04%
LONG-TERM LIABILITIES
Long-Term Debt $1.368B $1.367B $1.265B
YoY Change 17.14% 10.4% -1.76%
Other Long-Term Liabilities $17.10M $16.70M $14.60M
YoY Change -26.61% -63.77% -71.98%
Total Long-Term Liabilities $1.385B $1.383B $1.280B
YoY Change 16.28% 7.73% -4.49%
TOTAL LIABILITIES
Total Short-Term Liabilities $330.7M $298.1M $281.8M
Total Long-Term Liabilities $1.385B $1.383B $1.280B
Total Liabilities $1.716B $1.682B $1.561B
YoY Change 18.22% 10.33% -1.07%
SHAREHOLDERS EQUITY
Retained Earnings $947.0M $889.2M $854.3M
YoY Change 25.96% 33.35%
Common Stock $882.4M $896.3M $903.0M
YoY Change -3.33% -1.44%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.829B $1.785B $1.757B
YoY Change
Total Liabilities & Shareholders Equity $3.565B $3.490B $3.336B
YoY Change 13.59% 12.15% 7.37%

Cashflow Statement

Concept 2016 Q4 2016 Q3 2016 Q2
OPERATING ACTIVITIES
Net Income $57.86M $34.83M $73.93M
YoY Change -31.99% -30.56% 34.58%
Depreciation, Depletion And Amortization $800.0K $800.0K -$300.0K
YoY Change -72.41% -63.64% -117.65%
Cash From Operating Activities $103.0M -$75.10M -$46.50M
YoY Change -39.77% -302.43% -32.41%
INVESTING ACTIVITIES
Capital Expenditures -$1.900M -$1.000M -$700.0K
YoY Change -733.33% 100.0% 250.0%
Acquisitions
YoY Change
Other Investing Activities $0.00 $0.00 $0.00
YoY Change -100.0% -100.0% -100.0%
Cash From Investing Activities -$1.900M -$900.0K -$800.0K
YoY Change -246.15% 200.0% 60.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -21.10M 87.20M 20.80M
YoY Change -61.57% -241.56% -75.41%
NET CHANGE
Cash From Operating Activities 103.0M -75.10M -46.50M
Cash From Investing Activities -1.900M -900.0K -800.0K
Cash From Financing Activities -21.10M 87.20M 20.80M
Net Change In Cash 80.00M 11.20M -26.50M
YoY Change -31.86% -145.16% -273.2%
FREE CASH FLOW
Cash From Operating Activities $103.0M -$75.10M -$46.50M
Capital Expenditures -$1.900M -$1.000M -$700.0K
Free Cash Flow $104.9M -$74.10M -$45.80M
YoY Change -38.55% -297.07% -33.24%

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CostsOfRealEstateServicesAndLandSales
17367000 USD
CY2017 us-gaap Costs Of Real Estate Services And Land Sales
CostsOfRealEstateServicesAndLandSales
14888000 USD
CY2015 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
91343000 USD
CY2016 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
90387000 USD
CY2017 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
95814000 USD
CY2015 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
98058000 USD
CY2016 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
99131000 USD
CY2017 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
104775000 USD
CY2015 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
6715000 USD
CY2016 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
8744000 USD
CY2017 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
8961000 USD
CY2016Q4 us-gaap Customer Advances And Deposits
CustomerAdvancesAndDeposits
13437000 USD
CY2017Q4 us-gaap Customer Advances And Deposits
CustomerAdvancesAndDeposits
19568000 USD
CY2016Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
31693000 USD
CY2017Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
28698000 USD
CY2015 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
8296000 USD
CY2016 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
5749000 USD
CY2017 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
37151000 USD
CY2016Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
2101000 USD
CY2017Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
3427000 USD
CY2016Q4 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
123223000 USD
CY2017Q4 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
76413000 USD
CY2015 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
14021000 USD
CY2016 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
6963000 USD
CY2017 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
47492000 USD
CY2015 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
27164000 USD
CY2016 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
7434000 USD
CY2017 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
46810000 USD
CY2015 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
5725000 USD
CY2016 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
1214000 USD
CY2017 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
10341000 USD
CY2016Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
150371000 USD
CY2017Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
104570000 USD
CY2016Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
123223000 USD
CY2017Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
76413000 USD
CY2016Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
150048000 USD
CY2017Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
101092000 USD
CY2016Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards State And Local
DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal
24583000 USD
CY2017Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards State And Local
DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal
25172000 USD
CY2016Q4 us-gaap Deferred Tax Assets State Taxes
DeferredTaxAssetsStateTaxes
2985000 USD
CY2017Q4 us-gaap Deferred Tax Assets State Taxes
DeferredTaxAssetsStateTaxes
2181000 USD
CY2016Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits
8322000 USD
CY2017Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Other
DeferredTaxAssetsTaxDeferredExpenseOther
11354000 USD
CY2016Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Impairment Losses
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73890000 USD
CY2017Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits
5851000 USD
CY2016Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Other
DeferredTaxAssetsTaxDeferredExpenseOther
15214000 USD
CY2017Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Impairment Losses
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsImpairmentLosses
40438000 USD
CY2016Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
323000 USD
CY2017Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
3478000 USD
CY2016Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
26825000 USD
CY2017Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
24679000 USD
CY2016Q4 us-gaap Deferred Tax Liabilities Deferred Expense Capitalized Interest
DeferredTaxLiabilitiesDeferredExpenseCapitalizedInterest
814000 USD
CY2017Q4 us-gaap Deferred Tax Liabilities Deferred Expense Capitalized Interest
DeferredTaxLiabilitiesDeferredExpenseCapitalizedInterest
7144000 USD
CY2016Q4 us-gaap Deferred Tax Liabilities Deferred Expense Capitalized Inventory Costs
DeferredTaxLiabilitiesDeferredExpenseCapitalizedInventoryCosts
14186000 USD
CY2017Q4 us-gaap Deferred Tax Liabilities Deferred Expense Capitalized Inventory Costs
DeferredTaxLiabilitiesDeferredExpenseCapitalizedInventoryCosts
9207000 USD
CY2016Q4 us-gaap Deferred Tax Liabilities Deferred Expense Deferred Financing Costs
DeferredTaxLiabilitiesDeferredExpenseDeferredFinancingCosts
924000 USD
CY2017Q4 us-gaap Deferred Tax Liabilities Deferred Expense Deferred Financing Costs
DeferredTaxLiabilitiesDeferredExpenseDeferredFinancingCosts
898000 USD
CY2016Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
8456000 USD
CY2017Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
5360000 USD
CY2016Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
1344000 USD
CY2017Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
360000 USD
CY2016Q4 us-gaap Deposit Assets
DepositAssets
17731000 USD
CY2017Q4 us-gaap Deposit Assets
DepositAssets
16012000 USD
CY2015 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
8274000 USD
CY2016 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
3087000 USD
CY2017 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
3500000 USD
CY2016Q4 us-gaap Due From Affiliates
DueFromAffiliates
0 USD
CY2017Q4 us-gaap Due From Affiliates
DueFromAffiliates
0 USD
CY2016Q4 us-gaap Due To Affiliate Current And Noncurrent
DueToAffiliateCurrentAndNoncurrent
0 USD
CY2017Q4 us-gaap Due To Affiliate Current And Noncurrent
DueToAffiliateCurrentAndNoncurrent
0 USD
CY2015 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.27
CY2016Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.18
CY2016Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.46
CY2016Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.22
CY2016Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.36
CY2016 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.21
CY2017Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.05
CY2017Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.21
CY2017Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.48
CY2017Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.49
CY2017 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.21
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EarningsPerShareDiluted
1.27
CY2016Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.18
CY2016Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.46
CY2016Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.22
CY2016Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.36
CY2016 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.21
CY2017Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.05
CY2017Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.21
CY2017Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.48
CY2017Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.49
CY2017 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.21
CY2015 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.351
CY2016 us-gaap Equity Method Investment Other Than Temporary Impairment
EquityMethodInvestmentOtherThanTemporaryImpairment
0 USD
CY2017 us-gaap Equity Method Investment Other Than Temporary Impairment
EquityMethodInvestmentOtherThanTemporaryImpairment
13200000 USD
CY2016 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.351
CY2017 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.448
CY2017 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35
CY2016Q4 us-gaap Employee Related Liabilities Current And Noncurrent
EmployeeRelatedLiabilitiesCurrentAndNoncurrent
33761000 USD
CY2017Q4 us-gaap Employee Related Liabilities Current And Noncurrent
EmployeeRelatedLiabilitiesCurrentAndNoncurrent
36863000 USD
CY2017Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
17300000 USD
CY2017 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P1Y6M25D
CY2015 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
0 USD
CY2016 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
6276000 USD
CY2017 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
7215000 USD
CY2015 us-gaap Equity Method Investment Other Than Temporary Impairment
EquityMethodInvestmentOtherThanTemporaryImpairment
0 USD
CY2016Q4 us-gaap Equity Method Investment Summarized Financial Information Assets
EquityMethodInvestmentSummarizedFinancialInformationAssets
118488000 USD
CY2017Q4 us-gaap Equity Method Investment Summarized Financial Information Assets
EquityMethodInvestmentSummarizedFinancialInformationAssets
119175000 USD
CY2016Q4 us-gaap Equity Method Investment Summarized Financial Information Equity Or Capital
EquityMethodInvestmentSummarizedFinancialInformationEquityOrCapital
17546000 USD
CY2017Q4 us-gaap Equity Method Investment Summarized Financial Information Equity Or Capital
EquityMethodInvestmentSummarizedFinancialInformationEquityOrCapital
5870000 USD
CY2016Q4 us-gaap Equity Method Investment Summarized Financial Information Liabilities
EquityMethodInvestmentSummarizedFinancialInformationLiabilities
12844000 USD
CY2017Q4 us-gaap Equity Method Investment Summarized Financial Information Liabilities
EquityMethodInvestmentSummarizedFinancialInformationLiabilities
12208000 USD
CY2016Q4 us-gaap Equity Method Investment Summarized Financial Information Liabilities And Equity
EquityMethodInvestmentSummarizedFinancialInformationLiabilitiesAndEquity
118488000 USD
CY2017Q4 us-gaap Equity Method Investment Summarized Financial Information Liabilities And Equity
EquityMethodInvestmentSummarizedFinancialInformationLiabilitiesAndEquity
119175000 USD
CY2016Q4 us-gaap Equity Method Investment Summarized Financial Information Minority Interest
EquityMethodInvestmentSummarizedFinancialInformationMinorityInterest
88098000 USD
CY2017Q4 us-gaap Equity Method Investment Summarized Financial Information Minority Interest
EquityMethodInvestmentSummarizedFinancialInformationMinorityInterest
101097000 USD
CY2015 us-gaap Equity Method Investment Summarized Financial Information Net Income Loss
EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss
357000 USD
CY2016 us-gaap Equity Method Investment Summarized Financial Information Net Income Loss
EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss
7414000 USD
CY2017 us-gaap Equity Method Investment Summarized Financial Information Net Income Loss
EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss
10463000 USD
CY2015 us-gaap Equity Method Investment Summarized Financial Information Revenue
EquityMethodInvestmentSummarizedFinancialInformationRevenue
7326000 USD
CY2016 us-gaap Equity Method Investment Summarized Financial Information Revenue
EquityMethodInvestmentSummarizedFinancialInformationRevenue
18725000 USD
CY2017 us-gaap Equity Method Investment Summarized Financial Information Revenue
EquityMethodInvestmentSummarizedFinancialInformationRevenue
24247000 USD
CY2015 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
428000 USD
CY2016 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
0 USD
CY2017 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
0 USD
CY2015 us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
0 USD
CY2016 us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
165000 USD
CY2017 us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
0 USD
CY2015 us-gaap Financial Services Costs
FinancialServicesCosts
181000 USD
CY2016 us-gaap Financial Services Costs
FinancialServicesCosts
253000 USD
CY2017 us-gaap Financial Services Costs
FinancialServicesCosts
331000 USD
CY2015 us-gaap Financial Services Revenue
FinancialServicesRevenue
1010000 USD
CY2016 us-gaap Financial Services Revenue
FinancialServicesRevenue
1220000 USD
CY2017 us-gaap Financial Services Revenue
FinancialServicesRevenue
1371000 USD
CY2016Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
5788000 USD
CY2017Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
6322000 USD
CY2017Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
1687000 USD
CY2017Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
534000 USD
CY2017Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
534000 USD
CY2017Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
534000 USD
CY2017Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
534000 USD
CY2017Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
534000 USD
CY2017Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
4357000 USD
CY2015 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
120825000 USD
CY2016 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
124119000 USD
CY2017 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
137764000 USD
CY2016Q4 us-gaap Goodwill
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139304000 USD
CY2016Q4 us-gaap Goodwill
Goodwill
139300000 USD
CY2017Q4 us-gaap Goodwill
Goodwill
139304000 USD
CY2017Q4 us-gaap Goodwill
Goodwill
139300000 USD
CY2016Q1 us-gaap Gross Profit
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98294000 USD
CY2016Q2 us-gaap Gross Profit
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177441000 USD
CY2016Q3 us-gaap Gross Profit
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117397000 USD
CY2016Q4 us-gaap Gross Profit
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156069000 USD
CY2017Q1 us-gaap Gross Profit
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73773000 USD
CY2017Q2 us-gaap Gross Profit
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115150000 USD
CY2017Q3 us-gaap Gross Profit
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183241000 USD
CY2017Q4 us-gaap Gross Profit
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247671000 USD
CY2015 us-gaap Home Building Costs
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1808776000 USD
CY2016 us-gaap Home Building Costs
HomeBuildingCosts
1836327000 USD
CY2017 us-gaap Home Building Costs
HomeBuildingCosts
2173251000 USD
CY2015 us-gaap Home Building Revenue
HomeBuildingRevenue
2291264000 USD
CY2016 us-gaap Home Building Revenue
HomeBuildingRevenue
2329336000 USD
CY2017 us-gaap Home Building Revenue
HomeBuildingRevenue
2732299000 USD
CY2015 us-gaap Impairment Of Real Estate
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1167000 USD
CY2016 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
0 USD
CY2016 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
0 USD
CY2017 us-gaap Impairment Of Real Estate
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854000 USD
CY2015 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
205461000 USD
CY2016 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
195171000 USD
CY2017 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
187191000 USD
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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319260000 USD
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
302227000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
339818000 USD
CY2015 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
2691000 USD
CY2016 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
4989000 USD
CY2017 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-5007000 USD
CY2015 us-gaap Income Loss From Subsidiaries Net Of Tax
IncomeLossFromSubsidiariesNetOfTax
0 USD
CY2016 us-gaap Income Loss From Subsidiaries Net Of Tax
IncomeLossFromSubsidiariesNetOfTax
0 USD
CY2017 us-gaap Income Loss From Subsidiaries Net Of Tax
IncomeLossFromSubsidiariesNetOfTax
0 USD
CY2015 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
112079000 USD
CY2016 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
106094000 USD
CY2017 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
152267000 USD
CY2015 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
-1872000 USD
CY2016 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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-4038000 USD
CY2017 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
3256000 USD
CY2015 us-gaap Income Tax Reconciliation Deductions Qualified Production Activities
IncomeTaxReconciliationDeductionsQualifiedProductionActivities
5566000 USD
CY2016 us-gaap Income Tax Reconciliation Deductions Qualified Production Activities
IncomeTaxReconciliationDeductionsQualifiedProductionActivities
5037000 USD
CY2017 us-gaap Income Tax Reconciliation Deductions Qualified Production Activities
IncomeTaxReconciliationDeductionsQualifiedProductionActivities
7108000 USD
CY2015 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
111846000 USD
CY2016 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
105779000 USD
CY2017 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
118936000 USD
CY2015 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
-1956000 USD
CY2016 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
-454000 USD
CY2017 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
3969000 USD
CY2015 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
9627000 USD
CY2016 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
9539000 USD
CY2017 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
10712000 USD
CY2015 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
69917000 USD
CY2016 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
117215000 USD
CY2017 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
74388000 USD
CY2015 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-4020000 USD
CY2016 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
5412000 USD
CY2017 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
2618000 USD
CY2015 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
23592000 USD
CY2016 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-576000 USD
CY2017 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
44280000 USD
CY2015 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
300000 USD
CY2016 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
0 USD
CY2017 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
0 USD
CY2015 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
4494000 USD
CY2016 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
10490000 USD
CY2017 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
67036000 USD
CY2015 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
235030000 USD
CY2016 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
388145000 USD
CY2017 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
205229000 USD
CY2015 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-35360000 USD
CY2016 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
8501000 USD
CY2017 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-13487000 USD
CY2015 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
627606 shares
CY2016 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
521717 shares
CY2017 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
950955 shares
CY2016Q4 us-gaap Insurance Settlements Receivable
InsuranceSettlementsReceivable
46875000 USD
CY2017Q4 us-gaap Insurance Settlements Receivable
InsuranceSettlementsReceivable
35817000 USD
CY2016Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
27979000 USD
CY2017Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
27979000 USD
CY2016Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
22191000 USD
CY2017Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
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17546000 USD
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5870000 USD
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36500000 USD
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13713000 USD
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1720000 USD
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343634000 USD
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53700000 USD
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42082000 USD
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89000 USD
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360000 USD
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160000 USD
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2314000 USD
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2333000 USD
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6400000 USD
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6900000 USD
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2812000 USD
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2494000 USD
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4360000 USD
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2247000 USD
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2298000 USD
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17132000 USD
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312000 USD
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5062000 USD
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32000 USD
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980000 USD
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809000 USD
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3985000 USD
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2605000 USD
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9823000 USD
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5318000 USD
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1333000 USD
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0.01
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0.01
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50000000 shares
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0 shares
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0 shares
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0 shares
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0 USD
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24495000 USD
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13040000 USD
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1415000 USD
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0 USD
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0 USD
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1616000 USD
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587000 USD
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12291000 USD
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140000000 USD
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541069000 USD
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500000000 USD
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5990000 USD
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1955000 USD
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0 USD
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0 USD
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9000 USD
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6000 USD
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33270000 USD
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83135000 USD
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69373000 USD
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11330000 USD
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12351000 USD
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17744000 USD
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7451000 USD
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36826000 USD
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16557000 USD
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12712000 USD
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13336000 USD
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1930000 USD
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1470000 USD
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2053000 USD
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35145000 USD
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32803000 USD
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10528000 USD
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2569000 USD
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1134230000 USD
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2569000 USD
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176348000 USD
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45114000 USD
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51288000 USD
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60964000 USD
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68306000 USD
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2400149000 USD
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424138000 USD
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773753000 USD
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2403922000 USD
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393391000 USD
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570626000 USD
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1128520000 USD
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2808901000 USD
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0 USD
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112851000 USD
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330858000 USD
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413726000 USD
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3300000 USD
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649000 USD
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588000 USD
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2401159000 USD
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2405142000 USD
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2810272000 USD
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127903000 USD
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137066000 USD
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1471302000 USD
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11935000 USD
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12612000 USD
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15906000 USD
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642000 USD
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
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324000 USD
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
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4500000 USD
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1616000 USD
CY2016 us-gaap Stock Issued During Period Value Share Based Compensation
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587000 USD
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12291000 USD
CY2016 us-gaap Stock Repurchased During Period Value
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42082000 USD
CY2017 us-gaap Stock Repurchased During Period Value
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112217000 USD
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1829447000 USD
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1929722000 USD
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1472476000 USD
CY2015Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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1686463000 USD
CY2016Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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1848510000 USD
CY2017Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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1930327000 USD
CY2016Q4 us-gaap Taxes Payable Current And Noncurrent
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8589000 USD
CY2017Q4 us-gaap Taxes Payable Current And Noncurrent
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7706000 USD
CY2015Q4 us-gaap Unrecognized Tax Benefits
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272000 USD
CY2016Q4 us-gaap Unrecognized Tax Benefits
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0 USD
CY2017Q4 us-gaap Unrecognized Tax Benefits
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1521000 USD
CY2016 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
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272000 USD
CY2017 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
1521000 USD
CY2016Q4 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Accrued
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0 USD
CY2017Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
1400000 USD
CY2015 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
162319758 shares
CY2016 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
161381499 shares
CY2017 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
155085366 shares
CY2015 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
161692152 shares
CY2016 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
160859782 shares
CY2017 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
154134411 shares
CY2017 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Reclassifications</font></div><div style="line-height:120%;padding-top:8px;text-indent:36px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Certain amounts in our consolidated financial statements for prior years have been reclassified to conform to the current period presentation, including the Company's condensed reporting of restructuring charges, included in general and administrative expense on the consolidated statements of operations in this annual report on Form 10-K.</font></div></div>
CY2017 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Use of Estimates</font></div><div style="line-height:120%;padding-top:8px;text-indent:36px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Our financial statements have been prepared in accordance with GAAP. The preparation of these financial statements requires our management to make estimates and judgments that affect the reported amounts of assets and liabilities and the disclosures of contingent liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting periods. Actual results could differ from our estimates.</font></div></div>

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