2015 Q4 Form 10-Q Financial Statement
#000091636515000103 Filed on November 05, 2015
Income Statement
Concept | 2015 Q4 | 2014 Q3 |
---|---|---|
Revenue | $1.647B | $1.360B |
YoY Change | 3.93% | 12.57% |
Cost Of Revenue | $1.086B | $895.9M |
YoY Change | 3.91% | 13.06% |
Gross Profit | $561.0M | $464.1M |
YoY Change | 3.97% | 11.64% |
Gross Profit Margin | 34.07% | 34.12% |
Selling, General & Admin | $354.9M | $312.7M |
YoY Change | 6.96% | 8.62% |
% of Gross Profit | 63.26% | 67.38% |
Research & Development | ||
YoY Change | ||
% of Gross Profit | ||
Depreciation & Amortization | $32.90M | $29.40M |
YoY Change | 9.3% | 12.21% |
% of Gross Profit | 5.86% | 6.34% |
Operating Expenses | $387.7M | $312.7M |
YoY Change | 7.13% | 8.62% |
Operating Profit | $173.3M | $122.0M |
YoY Change | -2.48% | 20.01% |
Interest Expense | -$400.0K | $505.0K |
YoY Change | -33.33% | 44.29% |
% of Operating Profit | -0.23% | 0.41% |
Other Income/Expense, Net | ||
YoY Change | ||
Pretax Income | $172.9M | $121.5M |
YoY Change | -2.37% | 19.92% |
Income Tax | $61.20M | $44.91M |
% Of Pretax Income | 35.4% | 36.96% |
Net Earnings | $111.7M | $76.60M |
YoY Change | -0.36% | 18.27% |
Net Earnings / Revenue | 6.78% | 5.63% |
Basic Earnings Per Share | $0.56 | |
Diluted Earnings Per Share | $824.4K | $0.55 |
COMMON SHARES | ||
Basic Shares Outstanding | 134.3M shares | 137.4M shares |
Diluted Shares Outstanding | 138.9M shares |
Balance Sheet
Concept | 2015 Q4 | 2014 Q3 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $63.80M | $47.50M |
YoY Change | 24.85% | 3.26% |
Cash & Equivalents | $63.81M | $47.51M |
Short-Term Investments | ||
Other Short-Term Assets | $87.50M | $83.20M |
YoY Change | -18.53% | 26.83% |
Inventory | $1.284B | $1.296B |
Prepaid Expenses | ||
Receivables | ||
Other Receivables | ||
Total Short-Term Assets | $1.439B | $1.427B |
YoY Change | 12.99% | 13.8% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $847.6M | $706.8M |
YoY Change | 17.56% | 11.41% |
Goodwill | $10.26M | $10.26M |
YoY Change | 0.0% | 0.0% |
Intangibles | ||
YoY Change | ||
Long-Term Investments | ||
YoY Change | ||
Other Assets | $18.34M | $20.12M |
YoY Change | -10.73% | 27.76% |
Total Long-Term Assets | $931.4M | $762.1M |
YoY Change | 22.45% | 14.48% |
TOTAL ASSETS | ||
Total Short-Term Assets | $1.439B | $1.427B |
Total Long-Term Assets | $931.4M | $762.1M |
Total Assets | $2.371B | $2.189B |
YoY Change | 16.53% | 14.04% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $427.2M | $483.0M |
YoY Change | 15.22% | 19.71% |
Accrued Expenses | $195.0M | $154.6M |
YoY Change | 6.82% | 13.5% |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | $900.0K | $100.0K |
YoY Change | 350.0% | |
Total Short-Term Liabilities | $671.3M | $676.3M |
YoY Change | 11.31% | 18.55% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $150.0M | $153.0M |
YoY Change | 2900.0% | 271.36% |
Other Long-Term Liabilities | $54.46M | $50.75M |
YoY Change | 2.46% | 9.95% |
Total Long-Term Liabilities | $204.5M | $50.75M |
YoY Change | 284.67% | 9.95% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $671.3M | $676.3M |
Total Long-Term Liabilities | $204.5M | $50.75M |
Total Liabilities | $977.5M | $958.5M |
YoY Change | 31.92% | 30.44% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | $2.226B | $1.828B |
YoY Change | 16.02% | 17.65% |
Common Stock | $597.5M | $485.1M |
YoY Change | 16.62% | 12.7% |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | $1.430B | $1.083B |
YoY Change | 25.74% | 35.41% |
Treasury Stock Shares | 34.75M shares | 30.47M shares |
Shareholders Equity | $1.393B | $1.230B |
YoY Change | ||
Total Liabilities & Shareholders Equity | $2.371B | $2.189B |
YoY Change | 16.53% | 14.04% |
Cashflow Statement
Concept | 2015 Q4 | 2014 Q3 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $111.7M | $76.60M |
YoY Change | -0.36% | 18.27% |
Depreciation, Depletion And Amortization | $32.90M | $29.40M |
YoY Change | 9.3% | 12.21% |
Cash From Operating Activities | $212.7M | $1.100M |
YoY Change | -11.96% | -96.93% |
INVESTING ACTIVITIES | ||
Capital Expenditures | -$73.00M | -$43.30M |
YoY Change | 107.39% | -25.6% |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | $200.0K | $100.0K |
YoY Change | 0.0% | |
Cash From Investing Activities | -$72.80M | -$43.20M |
YoY Change | 106.82% | -25.65% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | $97.40M | |
YoY Change | 357.28% | |
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | -127.5M | 33.60M |
YoY Change | -37.13% | 166.67% |
NET CHANGE | ||
Cash From Operating Activities | 212.7M | 1.100M |
Cash From Investing Activities | -72.80M | -43.20M |
Cash From Financing Activities | -127.5M | 33.60M |
Net Change In Cash | 12.40M | -8.500M |
YoY Change | 244.44% | -12.37% |
FREE CASH FLOW | ||
Cash From Operating Activities | $212.7M | $1.100M |
Capital Expenditures | -$73.00M | -$43.30M |
Free Cash Flow | $285.7M | $44.40M |
YoY Change | 3.22% | -52.77% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
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|
false | ||
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Current Fiscal Year End Date
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Document Fiscal Period Focus
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Q3 | ||
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Document Fiscal Year Focus
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2015 | ||
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Document Period End Date
DocumentPeriodEndDate
|
2015-09-26 | ||
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Document Type
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Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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Earnings Per Share Basic
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|
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|
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|
2.20 | ||
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1.85 | ||
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0.64 | |
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|
2.18 | ||
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CY2014Q4 | us-gaap |
Furniture And Fixtures Gross
FurnitureAndFixturesGross
|
453692000 | USD |
us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
1709000 | shares | |
CY2015Q3 | us-gaap |
Furniture And Fixtures Gross
FurnitureAndFixturesGross
|
489088000 | USD |
CY2014Q3 | us-gaap |
Goodwill
Goodwill
|
10258000 | USD |
us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
-249000 | USD | |
us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
-115000 | USD | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-1622000 | USD | |
CY2014Q3 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
1496000 | shares |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-7423000 | USD | |
CY2014Q4 | us-gaap |
Goodwill
Goodwill
|
10258000 | USD |
CY2015Q3 | us-gaap |
Goodwill
Goodwill
|
10258000 | USD |
CY2014Q3 | us-gaap |
Gross Profit
GrossProfit
|
464069000 | USD |
us-gaap |
Gross Profit
GrossProfit
|
1410820000 | USD | |
CY2015Q3 | us-gaap |
Gross Profit
GrossProfit
|
512248000 | USD |
us-gaap |
Gross Profit
GrossProfit
|
1582173000 | USD | |
CY2014Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
121508000 | USD |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
410504000 | USD | |
CY2015Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
138426000 | USD |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
474740000 | USD | |
CY2014Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
44905000 | USD |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
151681000 | USD | |
CY2015Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
51114000 | USD |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
176057000 | USD | |
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
162073000 | USD | |
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
175485000 | USD | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
166555000 | USD | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
156320000 | USD | |
us-gaap |
Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
16923000 | USD | |
us-gaap |
Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
22813000 | USD | |
us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
-379000 | USD | |
us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
882000 | USD | |
us-gaap |
Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
|
-31043000 | USD | |
us-gaap |
Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
|
-9607000 | USD | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
316516000 | USD | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
299112000 | USD | |
us-gaap |
Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
|
-4543000 | USD | |
us-gaap |
Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
|
-5950000 | USD | |
CY2015Q3 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
1216000 | shares |
us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
1295000 | shares | |
CY2014Q3 | us-gaap |
Interest Expense
InterestExpense
|
505000 | USD |
us-gaap |
Interest Expense
InterestExpense
|
1267000 | USD | |
CY2015Q3 | us-gaap |
Interest Expense
InterestExpense
|
782000 | USD |
us-gaap |
Interest Expense
InterestExpense
|
2480000 | USD | |
us-gaap |
Interest Paid
InterestPaid
|
546000 | USD | |
us-gaap |
Interest Paid
InterestPaid
|
1694000 | USD | |
CY2014Q3 | us-gaap |
Inventory Net
InventoryNet
|
1295824000 | USD |
CY2014Q4 | us-gaap |
Inventory Net
InventoryNet
|
1115450000 | USD |
CY2015Q3 | us-gaap |
Inventory Net
InventoryNet
|
1414562000 | USD |
CY2014Q3 | us-gaap |
Land
Land
|
73424000 | USD |
CY2014Q4 | us-gaap |
Land
Land
|
79571000 | USD |
CY2015Q3 | us-gaap |
Land
Land
|
86197000 | USD |
CY2014Q3 | us-gaap |
Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
|
41100000 | USD |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
163468000 | USD | |
CY2014Q4 | us-gaap |
Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
|
40700000 | USD |
CY2015Q3 | us-gaap |
Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
|
42800000 | USD |
CY2014Q3 | us-gaap |
Liabilities
Liabilities
|
958491000 | USD |
CY2014Q4 | us-gaap |
Liabilities
Liabilities
|
741010000 | USD |
CY2015Q3 | us-gaap |
Liabilities
Liabilities
|
1103326000 | USD |
CY2014Q3 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
2188698000 | USD |
CY2014Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
2034571000 | USD |
CY2015Q3 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
2440586000 | USD |
CY2014Q3 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
676342000 | USD |
CY2014Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
603093000 | USD |
CY2015Q3 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
765722000 | USD |
CY2014Q3 | us-gaap |
Line Of Credit
LineOfCredit
|
150000000 | USD |
CY2014Q4 | us-gaap |
Line Of Credit
LineOfCredit
|
0 | USD |
CY2015Q3 | us-gaap |
Line Of Credit
LineOfCredit
|
190000000 | USD |
us-gaap |
Line Of Credit Facility Expiration Date1
LineOfCreditFacilityExpirationDate1
|
2016-10-31 | ||
CY2015Q3 | us-gaap |
Line Of Credit Facility Unused Capacity Commitment Fee Percentage
LineOfCreditFacilityUnusedCapacityCommitmentFeePercentage
|
0.0010 | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-137681000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-80139000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-125116000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-163097000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
167564000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
243454000 | USD | |
CY2014Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
76603000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
258823000 | USD | |
CY2015Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
87312000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
298683000 | USD | |
CY2015Q3 | us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
1 | segment |
CY2015Q3 | us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
1 | segment |
CY2015Q3 | us-gaap |
Number Of States In Which Entity Operates
NumberOfStatesInWhichEntityOperates
|
49 | state |
CY2015Q3 | us-gaap |
Number Of Stores
NumberOfStores
|
1465 | store |
CY2014Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
122013000 | USD |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
411771000 | USD | |
CY2015Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
139208000 | USD |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
477220000 | USD | |
CY2014Q3 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
20123000 | USD |
CY2014Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
20541000 | USD |
CY2015Q3 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
18392000 | USD |
CY2014Q3 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
50745000 | USD |
CY2014Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
53153000 | USD |
CY2015Q3 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
53953000 | USD |
CY2014Q3 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
97400000 | USD |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
244382000 | USD | |
CY2015Q3 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
119400000 | USD |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
243956000 | USD | |
us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
62270000 | USD | |
us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
76215000 | USD | |
us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
4766000 | USD | |
us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
2998000 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
125425000 | USD | |
CY2014Q3 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
1.00 | |
CY2014Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
1.00 | |
CY2015Q3 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
1.00 | |
CY2014Q3 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
40000 | shares |
CY2014Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
40000 | shares |
CY2015Q3 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
40000 | shares |
CY2014Q3 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
shares | |
CY2014Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
shares | |
CY2015Q3 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
shares | |
CY2014Q3 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
CY2014Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
CY2015Q3 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
CY2014Q3 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
49936000 | USD |
CY2014Q4 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
66444000 | USD |
CY2015Q3 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
64822000 | USD |
us-gaap |
Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
|
16461000 | USD | |
us-gaap |
Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
|
36354000 | USD | |
us-gaap |
Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
|
260000000 | USD | |
us-gaap |
Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
|
525000000 | USD | |
us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
309000 | USD | |
us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
371000 | USD | |
CY2014Q3 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
1381933000 | USD |
CY2014Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
1417346000 | USD |
CY2015Q3 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
1583429000 | USD |
CY2014Q3 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
706801000 | USD |
CY2014Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
721000000 | USD |
CY2015Q3 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
808657000 | USD |
us-gaap |
Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
|
110000000 | USD | |
us-gaap |
Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
|
335000000 | USD | |
us-gaap |
Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
|
57000 | USD | |
us-gaap |
Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
|
318000 | USD | |
CY2014Q3 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
1828036000 | USD |
CY2014Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
1918307000 | USD |
CY2015Q3 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
2140775000 | USD |
CY2014Q3 | us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
1359950000 | USD |
us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
4127461000 | USD | |
CY2015Q3 | us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
1475645000 | USD |
us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
4579897000 | USD | |
CY2014Q3 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
312669000 | USD |
us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
914528000 | USD | |
CY2015Q3 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
342891000 | USD |
us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
1014209000 | USD | |
CY2014Q3 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
4000000 | USD |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
12114000 | USD | |
CY2015Q3 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
5000000 | USD |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
14837000 | USD | |
CY2015Q3 | us-gaap |
Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
|
2000000000.0 | USD |
us-gaap |
Stock Repurchase Program Expiration Date
StockRepurchaseProgramExpirationDate
|
2017-12-31 | ||
CY2015Q3 | us-gaap |
Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
|
619400000 | USD |
CY2014Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1230207000 | USD |
CY2014Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1293561000 | USD |
CY2015Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1337260000 | USD |
CY2014Q3 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
30467000 | shares |
CY2014Q4 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
31334000 | shares |
CY2015Q3 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
34185000 | shares |
CY2014Q3 | us-gaap |
Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
|
1600000 | shares |
us-gaap |
Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
|
3800000 | shares | |
CY2015Q3 | us-gaap |
Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
|
1400000 | shares |
us-gaap |
Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
|
2900000 | shares | |
CY2014Q3 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
1082970000 | USD |
CY2014Q4 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
1137085000 | USD |
CY2015Q3 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
1381041000 | USD |
CY2014Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
138863000 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
140002000 | shares | |
CY2015Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
136741000 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
137292000 | shares | |
CY2014Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
137367000 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
138293000 | shares | |
CY2015Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
135525000 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
135997000 | shares | |
us-gaap |
Description Of New Accounting Pronouncements Not Yet Adopted
DescriptionOfNewAccountingPronouncementsNotYetAdopted
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">New Accounting Pronouncements:</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In May 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2014-09, “Revenue from Contracts with Customers (Topic 606)” (“ASU 2014-09”). ASU 2014-09 amends the guidance for revenue recognition to replace numerous, industry-specific requirements and converges areas under this topic with those of the International Financial Reporting Standards. The ASU implements a five-step process for customer contract revenue recognition that focuses on transfer of control, as opposed to transfer of risk and rewards. The amendment also requires enhanced disclosures regarding the nature, amount, timing and uncertainty of revenues and cash flows from contracts with customers. Other major provisions include the capitalization and amortization of certain contract costs, ensuring the time value of money is considered in the transaction price, and allowing estimates of variable consideration to be recognized before contingencies are resolved in certain circumstances. In August 2015, the FASB issued ASU No. 2015-14, “Revenue from Contracts with Customers (Topic 606): Deferral of the Effective Date” which implemented a one-year deferral of ASU 2014-09. As a result of the deferral, the amendments in ASU 2014-09 are effective for reporting periods beginning after December 15, 2017. Entities can transition to the standard either retrospectively or as a cumulative-effect adjustment as of the date of adoption. Management is currently assessing the impact the adoption of ASU 2014-09 will have on our Consolidated Financial Statements and related disclosures, including which transition method it will adopt.</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In July 2015, the FASB issued ASU 2015-11, "Inventory (Topic 330): Simplifying the Measurement of Inventory" (“ASU 2015-11”). This update requires an entity that determines the cost of inventory by methods other than last-in, first-out and the retail inventory method to measure inventory at the lower of cost and net realizable value. ASU 2015-11 requires prospective application and is effective for fiscal years beginning after December 15, 2016 and interim periods within those fiscal years, with early adoption permitted. The Company does not expect that the adoption of this guidance will have a material impact on our Consolidated Financial Statements and related disclosures.</font></div></div> | ||
us-gaap |
Nature Of Operations
NatureOfOperations
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<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Nature of Business</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Tractor Supply Company (the “Company”) is the largest operator of rural lifestyle retail stores in the United States. The Company is focused on supplying the needs of recreational farmers and ranchers and those who enjoy the rural lifestyle, as well as tradesmen and small businesses. Stores are located in towns outlying major metropolitan markets and in rural communities. At </font><font style="font-family:inherit;font-size:10pt;">September 26, 2015</font><font style="font-family:inherit;font-size:10pt;">, the Company operated a total of </font><font style="font-family:inherit;font-size:10pt;">1,465</font><font style="font-family:inherit;font-size:10pt;"> retail stores in </font><font style="font-family:inherit;font-size:10pt;">49</font><font style="font-family:inherit;font-size:10pt;"> states and also offered a number of products online at </font><font style="font-family:inherit;font-size:10pt;font-style:italic;text-decoration:underline;">TractorSupply.com</font><font style="font-family:inherit;font-size:10pt;">.</font></div></div> |