2016 Q4 Form 10-K Financial Statement

#000091636518000031 Filed on February 22, 2018

View on sec.gov

Income Statement

Concept 2016 Q4 2016 Q3 2016 Q2
Revenue $1.917B $1.543B $1.853B
YoY Change 16.39% 4.54% 4.49%
Cost Of Revenue $1.270B $1.007B $1.203B
YoY Change 17.01% 4.57% 4.86%
Gross Profit $646.3M $535.3M $649.2M
YoY Change 15.2% 4.5% 3.82%
Gross Profit Margin 33.72% 34.7% 35.05%
Selling, General & Admin $412.0M $357.6M $365.9M
YoY Change 16.09% 4.29% 4.59%
% of Gross Profit 63.75% 66.81% 56.36%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $39.70M $35.70M $34.00M
YoY Change 20.67% 18.6% 12.21%
% of Gross Profit 6.14% 6.67% 5.24%
Operating Expenses $451.6M $357.6M $365.9M
YoY Change 16.48% 4.29% 4.59%
Operating Profit $194.7M $142.0M $249.2M
YoY Change 12.35% 2.02% 1.67%
Interest Expense -$1.700M $1.110M $1.910M
YoY Change 325.0% 41.94% 129.57%
% of Operating Profit -0.87% 0.78% 0.77%
Other Income/Expense, Net
YoY Change
Pretax Income $193.0M $140.9M $247.3M
YoY Change 11.63% 1.79% 1.23%
Income Tax $69.40M $51.47M $90.91M
% Of Pretax Income 35.96% 36.52% 36.76%
Net Earnings $123.6M $89.44M $156.4M
YoY Change 10.65% 2.44% 2.02%
Net Earnings / Revenue 6.45% 5.8% 8.44%
Basic Earnings Per Share $0.67 $1.17
Diluted Earnings Per Share $938.5K $0.67 $1.16
COMMON SHARES
Basic Shares Outstanding 131.2M shares 133.4M shares 133.6M shares
Diluted Shares Outstanding 134.3M shares 134.6M shares

Balance Sheet

Concept 2016 Q4 2016 Q3 2016 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $53.90M $55.50M $151.1M
YoY Change -15.52% 7.98% 168.38%
Cash & Equivalents $53.92M $55.51M $151.1M
Short-Term Investments
Other Short-Term Assets $90.60M $68.00M $67.60M
YoY Change 3.54% -36.69% 9.03%
Inventory $1.370B $1.490B $1.366B
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $1.518B $1.630B $1.589B
YoY Change 5.44% 6.47% 12.54%
LONG-TERM ASSETS
Property, Plant & Equipment $962.3M $923.2M $902.0M
YoY Change 13.54% 14.16% 17.31%
Goodwill $94.42M $10.26M $10.26M
YoY Change 820.42% 0.0% 0.0%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $23.89M $19.36M $19.20M
YoY Change 30.28% 5.27% -2.18%
Total Long-Term Assets $1.157B $1.006B $990.2M
YoY Change 24.24% 10.57% 15.17%
TOTAL ASSETS
Total Short-Term Assets $1.518B $1.630B $1.589B
Total Long-Term Assets $1.157B $1.006B $990.2M
Total Assets $2.675B $2.636B $2.579B
YoY Change 12.83% 8.0% 13.54%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $519.5M $484.0M $430.4M
YoY Change 21.6% -8.18% -4.92%
Accrued Expenses $215.7M $199.3M $201.1M
YoY Change 10.58% 3.64% 8.32%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $11.30M $11.30M $11.10M
YoY Change 1155.56% 2160.0% 2675.0%
Total Short-Term Liabilities $777.2M $712.3M $724.4M
YoY Change 15.78% -6.98% -2.84%
LONG-TERM LIABILITIES
Long-Term Debt $263.9M $283.8M $186.2M
YoY Change 75.9% 41.4% 2040.37%
Other Long-Term Liabilities $54.68M $57.03M $55.38M
YoY Change 0.4% 5.69% 6.24%
Total Long-Term Liabilities $318.5M $340.8M $241.6M
YoY Change 55.79% 531.67% 363.49%
TOTAL LIABILITIES
Total Short-Term Liabilities $777.2M $712.3M $724.4M
Total Long-Term Liabilities $318.5M $340.8M $241.6M
Total Liabilities $1.222B $1.171B $1.077B
YoY Change 24.98% 6.13% 21.29%
SHAREHOLDERS EQUITY
Retained Earnings $2.540B $2.448B $2.391B
YoY Change 14.15% 14.37% 14.91%
Common Stock $672.9M $663.0M $649.1M
YoY Change 12.62% 14.8% 14.99%
Preferred Stock
YoY Change
Treasury Stock (at cost) $1.761B $1.645B $1.537B
YoY Change 23.2% 19.15% 21.8%
Treasury Stock Shares 39.15M shares 37.43M shares 36.02M shares
Shareholders Equity $1.453B $1.465B $1.502B
YoY Change
Total Liabilities & Shareholders Equity $2.675B $2.636B $2.579B
YoY Change 12.83% 8.0% 13.54%

Cashflow Statement

Concept 2016 Q4 2016 Q3 2016 Q2
OPERATING ACTIVITIES
Net Income $123.6M $89.44M $156.4M
YoY Change 10.65% 2.44% 2.02%
Depreciation, Depletion And Amortization $39.70M $35.70M $34.00M
YoY Change 20.67% 18.6% 12.21%
Cash From Operating Activities $376.7M $6.100M $202.3M
YoY Change 77.1% -39.6% 2.64%
INVESTING ACTIVITIES
Capital Expenditures -$58.80M -$66.20M -$64.30M
YoY Change -19.45% -0.45% 33.4%
Acquisitions
YoY Change
Other Investing Activities -$143.6M $400.0K $0.00
YoY Change -71900.0% 300.0%
Cash From Investing Activities -$202.5M -$65.90M -$64.20M
YoY Change 178.16% -0.75% 33.2%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $108.8M $7.803M
YoY Change -8.9% -89.81%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -175.8M -35.80M -61.50M
YoY Change 37.88% -169.65% -58.92%
NET CHANGE
Cash From Operating Activities 376.7M 6.100M 202.3M
Cash From Investing Activities -202.5M -65.90M -64.20M
Cash From Financing Activities -175.8M -35.80M -61.50M
Net Change In Cash -1.600M -95.60M 76.60M
YoY Change -112.9% 1851.02% -9675.0%
FREE CASH FLOW
Cash From Operating Activities $376.7M $6.100M $202.3M
Capital Expenditures -$58.80M -$66.20M -$64.30M
Free Cash Flow $435.5M $72.30M $266.6M
YoY Change 52.43% -5.61% 8.68%

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CY2016Q4 us-gaap Construction In Progress Gross
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21320000 USD
CY2017Q4 us-gaap Construction In Progress Gross
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83816000 USD
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4083333000 USD
CY2016 us-gaap Cost Of Goods Sold
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4454377000 USD
CY2017 us-gaap Cost Of Goods Sold
CostOfGoodsSold
4764417000 USD
CY2015 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
225253000 USD
CY2016 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
221207000 USD
CY2017 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
207986000 USD
CY2015 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
242672000 USD
CY2016 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
242065000 USD
CY2017 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
222502000 USD
CY2015 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
17419000 USD
CY2016 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
20858000 USD
CY2017 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
14516000 USD
CY2017Q4 us-gaap Debt Instrument Basis Spread On Variable Rate1
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0.0075
CY2017 us-gaap Debt Instrument Covenant Compliance
DebtInstrumentCovenantCompliance
all
CY2017Q4 us-gaap Debt Instrument Description
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0.005
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DebtInstrumentInterestRateStatedPercentage
0.01000
CY2017Q4 us-gaap Debt Instrument Maturity Date Range End1
DebtInstrumentMaturityDateRangeEnd1
2029-08-14
CY2017Q4 us-gaap Debt Instrument Redemption Description
DebtInstrumentRedemptionDescription
1
CY2017Q4 us-gaap Debt Instrument Unused Borrowing Capacity Amount
DebtInstrumentUnusedBorrowingCapacityAmount
150000000 USD
CY2015 us-gaap Deferred Compensation Arrangement With Individual Employer Contribution
DeferredCompensationArrangementWithIndividualEmployerContribution
500000 USD
CY2016 us-gaap Deferred Compensation Arrangement With Individual Employer Contribution
DeferredCompensationArrangementWithIndividualEmployerContribution
600000 USD
CY2017 us-gaap Deferred Compensation Arrangement With Individual Employer Contribution
DeferredCompensationArrangementWithIndividualEmployerContribution
500000 USD
CY2015 us-gaap Deferred Federal Income Tax Expense Benefit
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-7017000 USD
CY2016 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
12256000 USD
CY2017 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
22469000 USD
CY2016Q4 us-gaap Deferred Finance Costs Net
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1100000 USD
CY2017Q4 us-gaap Deferred Finance Costs Net
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1400000 USD
CY2015 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-5450000 USD
CY2016 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
9976000 USD
CY2017 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
26724000 USD
CY2015 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
1567000 USD
CY2016 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-3171000 USD
CY2017 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
4953000 USD
CY2016Q4 us-gaap Deferred Tax Assets Inventory
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19713000 USD
CY2017Q4 us-gaap Deferred Tax Assets Inventory
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13029000 USD
CY2016Q4 us-gaap Deferred Tax Assets Liabilities Net
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45218000 USD
CY2017Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
18494000 USD
CY2016Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
130609000 USD
CY2017Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
95077000 USD
CY2016Q4 us-gaap Deferred Tax Assets Net Noncurrent
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45218000 USD
CY2017Q4 us-gaap Deferred Tax Assets Net Noncurrent
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18494000 USD
CY2016Q4 us-gaap Deferred Tax Assets Other
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7311000 USD
CY2017Q4 us-gaap Deferred Tax Assets Other
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6997000 USD
CY2016Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards
DeferredTaxAssetsTaxCreditCarryforwards
4265000 USD
CY2017Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards
DeferredTaxAssetsTaxCreditCarryforwards
4206000 USD
CY2016Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits
14120000 USD
CY2017Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits
7092000 USD
CY2016Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Deferred Rent
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35391000 USD
CY2017Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Deferred Rent
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsDeferredRent
24728000 USD
CY2016Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Self Insurance
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsSelfInsurance
13565000 USD
CY2017Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Self Insurance
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsSelfInsurance
9153000 USD
CY2016Q4 us-gaap Deferred Tax Assets Valuation Allowance
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0 USD
CY2017Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
0 USD
CY2016Q4 us-gaap Deferred Tax Liabilities Deferred Expense Capitalized Inventory Costs
DeferredTaxLiabilitiesDeferredExpenseCapitalizedInventoryCosts
4600000 USD
CY2017Q4 us-gaap Deferred Tax Liabilities Deferred Expense Capitalized Inventory Costs
DeferredTaxLiabilitiesDeferredExpenseCapitalizedInventoryCosts
4141000 USD
CY2016Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
2419000 USD
CY2017Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
3818000 USD
CY2016Q4 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
85391000 USD
CY2017Q4 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
76583000 USD
CY2016Q4 us-gaap Deferred Tax Liabilities Other
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2124000 USD
CY2017Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
1551000 USD
CY2016Q4 us-gaap Deferred Tax Liabilities Prepaid Expenses
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2912000 USD
CY2017Q4 us-gaap Deferred Tax Liabilities Prepaid Expenses
DeferredTaxLiabilitiesPrepaidExpenses
1423000 USD
CY2016Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
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73336000 USD
CY2017Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
65650000 USD
CY2015 us-gaap Defined Contribution Plan Cost Recognized
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5900000 USD
CY2016 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
6600000 USD
CY2017 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
7400000 USD
CY2015 us-gaap Depreciation And Amortization
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123569000 USD
CY2016 us-gaap Depreciation And Amortization
DepreciationAndAmortization
142958000 USD
CY2017 us-gaap Depreciation And Amortization
DepreciationAndAmortization
165834000 USD
CY2016Q4 us-gaap Derivative Fair Value Of Derivative Net
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2817000 USD
CY2017Q4 us-gaap Derivative Fair Value Of Derivative Net
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5152000 USD
CY2016Q4 us-gaap Derivative Instruments Gain Loss Reclassification From Accumulated Oci To Income Estimated Net Amount To Be Transferred
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900000 USD
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0 USD
CY2016 us-gaap Derivative Instruments Gain Recognized In Other Comprehensive Income Effective Portion
DerivativeInstrumentsGainRecognizedInOtherComprehensiveIncomeEffectivePortion
2283000 USD
CY2017 us-gaap Derivative Instruments Gain Recognized In Other Comprehensive Income Effective Portion
DerivativeInstrumentsGainRecognizedInOtherComprehensiveIncomeEffectivePortion
2240000 USD
CY2015 us-gaap Derivative Instruments Loss Recognized In Income Ineffective Portion And Amount Excluded From Effectiveness Testing
DerivativeInstrumentsLossRecognizedInIncomeIneffectivePortionAndAmountExcludedFromEffectivenessTesting
0 USD
CY2016 us-gaap Derivative Instruments Loss Recognized In Income Ineffective Portion And Amount Excluded From Effectiveness Testing
DerivativeInstrumentsLossRecognizedInIncomeIneffectivePortionAndAmountExcludedFromEffectivenessTesting
534000 USD
CY2017 us-gaap Derivative Instruments Loss Recognized In Income Ineffective Portion And Amount Excluded From Effectiveness Testing
DerivativeInstrumentsLossRecognizedInIncomeIneffectivePortionAndAmountExcludedFromEffectivenessTesting
95000 USD
CY2015 us-gaap Earnings Per Share Basic
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3.03
CY2017 us-gaap Earnings Per Share Basic
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3.31
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3.00
CY2016 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.29
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10493000 USD
CY2017 us-gaap Fair Value Of Assets Acquired
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11395000 USD
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3.27
CY2017 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.30
CY2016Q4 us-gaap Employee Related Liabilities Current
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25246000 USD
CY2017Q4 us-gaap Employee Related Liabilities Current
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31673000 USD
CY2015 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
27032000 USD
CY2016 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
11671000 USD
CY2015 us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
27000000 USD
CY2016 us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
11700000 USD
CY2015 us-gaap Fair Value Of Assets Acquired
FairValueOfAssetsAcquired
13207000 USD
CY2016 us-gaap Fair Value Option Changes In Fair Value Gain Loss1
FairValueOptionChangesInFairValueGainLoss1
1392000 USD
CY2017 us-gaap Fair Value Option Changes In Fair Value Gain Loss1
FairValueOptionChangesInFairValueGainLoss1
1371000 USD
CY2017Q4 us-gaap Finitelived Intangible Assets Acquired1
FinitelivedIntangibleAssetsAcquired1
31300000 USD
CY2016Q4 us-gaap Furniture And Fixtures Gross
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567653000 USD
CY2017Q4 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
605957000 USD
CY2015 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-315000 USD
CY2016 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-579000 USD
CY2017 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-460000 USD
CY2015Q4 us-gaap Goodwill
Goodwill
10258000 USD
CY2016Q4 us-gaap Goodwill
Goodwill
94417000 USD
CY2017Q4 us-gaap Goodwill
Goodwill
93192000 USD
CY2016Q3 us-gaap Goodwill Acquired During Period
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82900000 USD
CY2016 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
84159000 USD
CY2017 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
0 USD
CY2015 us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
0 USD
CY2016 us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
0 USD
CY2017 us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
0 USD
CY2016 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2017 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2017 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2016 us-gaap Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
0 USD
CY2017 us-gaap Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
1225000 USD
CY2015 us-gaap Gross Profit
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2143174000 USD
CY2016 us-gaap Gross Profit
GrossProfit
2325202000 USD
CY2017 us-gaap Gross Profit
GrossProfit
2491965000 USD
CY2017 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
0 USD
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
647617000 USD
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
688270000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
672523000 USD
CY2015 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
237222000 USD
CY2016 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
251150000 USD
CY2017 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
249924000 USD
CY2016Q4 us-gaap Income Tax Receivable
IncomeTaxReceivable
3680000 USD
CY2017Q4 us-gaap Income Tax Receivable
IncomeTaxReceivable
4760000 USD
CY2015 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
0 USD
CY2016 us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
-18237000 USD
CY2016 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
0 USD
CY2017 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
4856000 USD
CY2015 us-gaap Income Tax Reconciliation Deductions
IncomeTaxReconciliationDeductions
0 USD
CY2016 us-gaap Income Tax Reconciliation Deductions
IncomeTaxReconciliationDeductions
0 USD
CY2017 us-gaap Income Tax Reconciliation Deductions
IncomeTaxReconciliationDeductions
1040000 USD
CY2015 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
226666000 USD
CY2016 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
240894000 USD
CY2017 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
235383000 USD
CY2015 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
343000 USD
CY2016 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
1956000 USD
CY2017 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
1465000 USD
CY2015 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
13976000 USD
CY2016 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
15527000 USD
CY2017 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
14320000 USD
CY2015 us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
3763000 USD
CY2016 us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
7227000 USD
CY2017 us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
5060000 USD
CY2015 us-gaap Income Taxes Paid Net
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226968000 USD
CY2016 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
232258000 USD
CY2017 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
219081000 USD
CY2015 us-gaap Increase Decrease In Accounts Payable
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56426000 USD
CY2016 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
82477000 USD
CY2017 us-gaap Increase Decrease In Accounts Payable
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57046000 USD
CY2015 us-gaap Increase Decrease In Accrued Income Taxes Payable
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16282000 USD
CY2016 us-gaap Increase Decrease In Accrued Income Taxes Payable
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11787000 USD
CY2017 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
4210000 USD
CY2015 us-gaap Increase Decrease In Accrued Liabilities
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11252000 USD
CY2016 us-gaap Increase Decrease In Accrued Liabilities
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20368000 USD
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-10338000 USD
CY2015 us-gaap Increase Decrease In Employee Related Liabilities
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5628000 USD
CY2017 us-gaap Increase Decrease In Employee Related Liabilities
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6427000 USD
CY2015 us-gaap Increase Decrease In Inventories
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168925000 USD
CY2016 us-gaap Increase Decrease In Inventories
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67650000 USD
CY2017 us-gaap Increase Decrease In Inventories
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83552000 USD
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-8366000 USD
CY2016 us-gaap Increase Decrease In Other Operating Capital Net
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-5997000 USD
CY2017 us-gaap Increase Decrease In Other Operating Capital Net
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-10533000 USD
CY2015 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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21066000 USD
CY2016 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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-1782000 USD
CY2017 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-2305000 USD
CY2015 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1263000 shares
CY2016 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
908000 shares
CY2017 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
616000 shares
CY2016Q3 us-gaap Indefinitelived Intangible Assets Acquired
IndefinitelivedIntangibleAssetsAcquired
31300000 USD
CY2016Q4 us-gaap Indefinitelived Intangible Assets Acquired
IndefinitelivedIntangibleAssetsAcquired
31300000 USD
CY2017Q4 us-gaap Indefinitelived Intangible Assets Acquired
IndefinitelivedIntangibleAssetsAcquired
31300000 USD
CY2016Q4 us-gaap Intangible Assets Net Including Goodwill
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125717000 USD
CY2017Q4 us-gaap Intangible Assets Net Including Goodwill
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124492000 USD
CY2015 us-gaap Interest Expense
InterestExpense
2891000 USD
CY2016 us-gaap Interest Expense
InterestExpense
5810000 USD
CY2017 us-gaap Interest Expense
InterestExpense
13859000 USD
CY2015 us-gaap Interest Paid
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2283000 USD
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InterestPaid
6124000 USD
CY2017 us-gaap Interest Paid
InterestPaid
10481000 USD
CY2016Q4 us-gaap Inventory Net
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1369656000 USD
CY2017Q4 us-gaap Inventory Net
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1453208000 USD
CY2016Q4 us-gaap Land
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94940000 USD
CY2017Q4 us-gaap Land
Land
99336000 USD
CY2016Q4 us-gaap Letters Of Credit Outstanding Amount
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44300000 USD
CY2017Q4 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
39600000 USD
CY2016Q4 us-gaap Liabilities
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1221724000 USD
CY2017Q4 us-gaap Liabilities
Liabilities
1450096000 USD
CY2016Q4 us-gaap Liabilities And Stockholders Equity
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2674942000 USD
CY2017Q4 us-gaap Liabilities And Stockholders Equity
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2868769000 USD
CY2016Q4 us-gaap Liabilities Current
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777194000 USD
CY2017Q4 us-gaap Liabilities Current
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849214000 USD
CY2017Q4 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
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500000000 USD
CY2016Q1 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
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500000000 USD
CY2017Q4 us-gaap Line Of Credit Facility Unused Capacity Commitment Fee Percentage
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0.00125
CY2016Q4 us-gaap Long Term Debt
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0 USD
CY2017Q4 us-gaap Long Term Debt
LongTermDebt
150000000 USD
CY2016Q4 us-gaap Long Term Debt Noncurrent
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263850000 USD
CY2017Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
401069000 USD
CY2017Q4 us-gaap Long Term Debt Percentage Bearing Fixed Interest Rate
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0.0370
CY2016 us-gaap Net Cash Provided By Used In Financing Activities
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-291343000 USD
CY2017 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-338262000 USD
CY2015 us-gaap Net Cash Provided By Used In Investing Activities
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-235912000 USD
CY2016 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-369265000 USD
CY2017 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-237956000 USD
CY2015 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
456212000 USD
CY2016 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
650711000 USD
CY2017 us-gaap Net Cash Provided By Used In Operating Activities
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631450000 USD
CY2015 us-gaap Net Income Loss
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410395000 USD
CY2016 us-gaap Net Income Loss
NetIncomeLoss
437120000 USD
CY2017 us-gaap Net Income Loss
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422599000 USD
CY2017Q4 us-gaap Number Of Reportable Segments
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1 segment
CY2017Q4 us-gaap Number Of States In Which Entity Operates
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49 state
CY2015 us-gaap Operating Income Loss
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650508000 USD
CY2016 us-gaap Operating Income Loss
OperatingIncomeLoss
694080000 USD
CY2017 us-gaap Operating Income Loss
OperatingIncomeLoss
686382000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due
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2680687000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due Current
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324813000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
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251059000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
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273932000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
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296773000 USD
CY2017 us-gaap Payments Of Dividends
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133828000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
315062000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
1219048000 USD
CY2015 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
262100000 USD
CY2016 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
293000000 USD
CY2017 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
319500000 USD
CY2016Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
23890000 USD
CY2017Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
25912000 USD
CY2015 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
0 USD
CY2016 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
1392000 USD
CY2017 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
1371000 USD
CY2016 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax
891000 USD
CY2017 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax
869000 USD
CY2015 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
0 USD
CY2016 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
1392000 USD
CY2017 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
1371000 USD
CY2016Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
54683000 USD
CY2017Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
61290000 USD
CY2015 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
292705000 USD
CY2016 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
331708000 USD
CY2017 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
369403000 USD
CY2015 us-gaap Payments Of Dividends
PaymentsOfDividends
103101000 USD
CY2016 us-gaap Payments Of Dividends
PaymentsOfDividends
122272000 USD
CY2015 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
2997000 USD
CY2016 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
843000 USD
CY2017 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
816000 USD
CY2015 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 USD
CY2016 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
143610000 USD
CY2015 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
236496000 USD
CY2016 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
226017000 USD
CY2017 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
250401000 USD
CY2015 us-gaap Pre Opening Costs
PreOpeningCosts
9600000 USD
CY2016 us-gaap Pre Opening Costs
PreOpeningCosts
9900000 USD
CY2017 us-gaap Pre Opening Costs
PreOpeningCosts
10800000 USD
CY2016Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
1.00
CY2017Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
1.00
CY2016Q4 us-gaap Preferred Stock Shares Authorized
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40000 shares
CY2017Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
40000 shares
CY2016Q4 us-gaap Preferred Stock Shares Issued
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0 shares
CY2017Q4 us-gaap Preferred Stock Shares Issued
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0 shares
CY2016Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2017Q4 us-gaap Preferred Stock Value
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0 USD
CY2016Q4 us-gaap Prepaid Advertising
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2100000 USD
CY2017Q4 us-gaap Prepaid Advertising
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1100000 USD
CY2016Q4 us-gaap Prepaid Expense And Other Assets Current
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90557000 USD
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
2300000 shares
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
19.53
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
14.56
CY2014Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
146967000 USD
CY2017Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
88252000 USD
CY2015 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
41689000 USD
CY2016 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
41010000 USD
CY2017 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
16330000 USD
CY2015 us-gaap Proceeds From Issuance Of Unsecured Debt
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680000000 USD
CY2016 us-gaap Proceeds From Issuance Of Unsecured Debt
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945000000 USD
CY2017 us-gaap Proceeds From Issuance Of Unsecured Debt
ProceedsFromIssuanceOfUnsecuredDebt
1180000000 USD
CY2015 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
584000 USD
CY2016 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
362000 USD
CY2017 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
11220000 USD
CY2016Q4 us-gaap Property Plant And Equipment Gross
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1873865000 USD
CY2017Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
2093737000 USD
CY2016Q4 us-gaap Property Plant And Equipment Net
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962308000 USD
CY2017Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1044503000 USD
CY2017Q4 us-gaap Purchase Obligation Due In Next Twelve Months
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55000000 USD
CY2017Q4 us-gaap Purchase Obligation Due In Second Year
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0 USD
CY2015 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Before Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodBeforeTax
0 USD
CY2016 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Before Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodBeforeTax
0 USD
CY2017 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Before Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodBeforeTax
0 USD
CY2016 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
0 USD
CY2017 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
0 USD
CY2015 us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
507000 USD
CY2016 us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
1150000 USD
CY2017 us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
2446000 USD
CY2015 us-gaap Repayments Of Unsecured Debt
RepaymentsOfUnsecuredDebt
530000000 USD
CY2016 us-gaap Repayments Of Unsecured Debt
RepaymentsOfUnsecuredDebt
820000000 USD
CY2017 us-gaap Repayments Of Unsecured Debt
RepaymentsOfUnsecuredDebt
1027500000 USD
CY2016Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
2540449000 USD
CY2017Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
2829220000 USD
CY2015 us-gaap Revenue Recognition Gift Cards Breakage
RevenueRecognitionGiftCardsBreakage
1600000 USD
CY2016 us-gaap Revenue Recognition Gift Cards Breakage
RevenueRecognitionGiftCardsBreakage
1900000 USD
CY2017 us-gaap Revenue Recognition Gift Cards Breakage
RevenueRecognitionGiftCardsBreakage
2400000 USD
CY2016Q4 us-gaap Revenue Recognition Sales Returns Reserve For Sales Returns
RevenueRecognitionSalesReturnsReserveForSalesReturns
4200000 USD
CY2017Q4 us-gaap Revenue Recognition Sales Returns Reserve For Sales Returns
RevenueRecognitionSalesReturnsReserveForSalesReturns
3800000 USD
CY2015 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
6226507000 USD
CY2016 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
6779579000 USD
CY2017 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
7256382000 USD
CY2016Q4 us-gaap Self Insurance Reserve
SelfInsuranceReserve
54300000 USD
CY2017Q4 us-gaap Self Insurance Reserve
SelfInsuranceReserve
57900000 USD
CY2015 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
1369097000 USD
CY2016 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
1488164000 USD
CY2017 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
1639749000 USD
CY2015 us-gaap Share Based Compensation
ShareBasedCompensation
19420000 USD
CY2016 us-gaap Share Based Compensation
ShareBasedCompensation
23554000 USD
CY2017 us-gaap Share Based Compensation
ShareBasedCompensation
29202000 USD
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
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19.27
CY2015 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
3400000 shares
CY2016 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
4400000 shares
CY2017Q4 us-gaap Stock Repurchase Program Expiration Date
StockRepurchaseProgramExpirationDate
2020-12-31
CY2017Q4 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
900000000 USD
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
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119050000 USD
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
59601000 USD
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
50145000 USD
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Plan Modification Description And Terms
ShareBasedCompensationArrangementByShareBasedPaymentAwardPlanModificationDescriptionAndTerms
0
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Plan Modification Description And Terms
ShareBasedCompensationArrangementByShareBasedPaymentAwardPlanModificationDescriptionAndTerms
0
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Plan Modification Description And Terms
ShareBasedCompensationArrangementByShareBasedPaymentAwardPlanModificationDescriptionAndTerms
0
CY2017Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
45939000 USD
CY2017 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P5Y3M18D
CY2014 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P7Y2M6D
CY2015 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P7Y1M5D
CY2016 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P6Y10M24D
CY2017 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P6Y10M24D
CY2015 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
4710000 USD
CY2016 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
4809000 USD
CY2017 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
4283000 USD
CY2015 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
36979000 USD
CY2016 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
36201000 USD
CY2017 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
12047000 USD
CY2017Q4 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
3000000000 USD
CY2017 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
5900000 shares
CY2014Q4 us-gaap Stockholders Equity
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1293561000 USD
CY2015Q4 us-gaap Stockholders Equity
StockholdersEquity
1393294000 USD
CY2016Q4 us-gaap Stockholders Equity
StockholdersEquity
1453218000 USD
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
1418673000 USD
CY2016Q4 us-gaap Tax Credit Carryforward Amount
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7500000 USD
CY2017Q4 us-gaap Tax Credit Carryforward Amount
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5100000 USD
CY2016Q4 us-gaap Treasury Stock Shares
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39148000 shares
CY2017Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
45072000 shares
CY2016Q4 us-gaap Treasury Stock Value
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1761498000 USD
CY2017Q4 us-gaap Treasury Stock Value
TreasuryStockValue
2130901000 USD
CY2014Q4 us-gaap Unrecognized Tax Benefits
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3500000 USD
CY2015Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
2922000 USD
CY2016Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
1579000 USD
CY2017Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
1993000 USD
CY2015 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
1447000 USD
CY2016 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
1829000 USD
CY2017 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
127000 USD
CY2015 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
0 USD
CY2016 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
113000 USD
CY2017 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
0 USD
CY2015 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
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869000 USD
CY2016 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
460000 USD
CY2017 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
527000 USD
CY2015 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
0 USD
CY2016 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
139000 USD
CY2017 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
14000 USD
CY2017Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
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1700000 USD
CY2016Q4 us-gaap Unsecured Debt
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275000000 USD
CY2016Q4 us-gaap Unsecured Debt
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275000000 USD
CY2017Q4 us-gaap Unsecured Debt
UnsecuredDebt
427500000 USD
CY2016Q4 us-gaap Unsecured Debt Current
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10000000 USD
CY2016Q4 us-gaap Unsecured Debt Current
UnsecuredDebtCurrent
10000000 USD
CY2017Q4 us-gaap Unsecured Debt Current
UnsecuredDebtCurrent
25000000 USD
CY2017Q4 us-gaap Unsecured Debt Current
UnsecuredDebtCurrent
25000000 USD
CY2015 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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136845000 shares
CY2016 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
133813000 shares
CY2017 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
128204000 shares
CY2015 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
135582000 shares
CY2016 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
132905000 shares
CY2017 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
127588000 shares
CY2017 us-gaap Fiscal Period
FiscalPeriod
<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-style:italic;font-weight:bold;">Fiscal Year</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%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company&#8217;s fiscal year includes 52 or 53 weeks and ends on the last Saturday of the calendar year.&#160;&#160;The fiscal year ended </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">December&#160;30, 2017</font><font style="font-family:inherit;font-size:10pt;"> consisted of 52 weeks, the fiscal year ended </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;"> consisted of 53 weeks and the fiscal year ended </font><font style="font-family:inherit;font-size:10pt;">December 26, 2015</font><font style="font-family:inherit;font-size:10pt;"> consisted of 52 weeks.</font></div></div>
CY2017 us-gaap Nature Of Operations
NatureOfOperations
<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-style:italic;font-weight:bold;">Nature of Business</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%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Founded in 1938, Tractor Supply Company (the &#8220;Company&#8221; or &#8220;we&#8221;) is the largest operator of rural lifestyle retail stores in the United States (&#8220;U.S.&#8221;).&#160;&#160;The Company is focused on supplying the needs of recreational farmers and ranchers and those who enjoy the rural lifestyle (which we refer to as the &#8220;</font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Out Here</font><font style="font-family:inherit;font-size:10pt;">&#8221; lifestyle), as well as tradesmen and small businesses.&#160;&#160;Stores are located primarily in towns outlying major metropolitan markets and in rural communities.&#160;&#160;At </font><font style="font-family:inherit;font-size:10pt;">December&#160;30, 2017</font><font style="font-family:inherit;font-size:10pt;">, the Company operated a total of </font><font style="font-family:inherit;font-size:10pt;">1,853</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 (</font><font style="font-family:inherit;font-size:10pt;">1,685</font><font style="font-family:inherit;font-size:10pt;"> Tractor Supply and Del&#8217;s retail stores and </font><font style="font-family:inherit;font-size:10pt;">168</font><font style="font-family:inherit;font-size:10pt;"> Petsense retail stores) 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;"> and </font><font style="font-family:inherit;font-size:10pt;font-style:italic;text-decoration:underline;">Petsense.com</font><font style="font-family:inherit;font-size:10pt;">.</font></div></div>
CY2017 us-gaap Revenue Recognition Gift Cards
RevenueRecognitionGiftCards
<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;">The Company recognizes revenue when&#160;a gift card or merchandise return card is redeemed by the customer and recognizes income when the likelihood of the gift card or merchandise return card being redeemed by the customer is remote (referred to as &#8220;breakage&#8221;).&#160;&#160;The gift cards and merchandise return card breakage rate is based upon historical redemption patterns and income is recognized for unredeemed gift cards and merchandise return cards in proportion to those historical redemption patterns.&#160;&#160;The Company recognized breakage income of </font><font style="font-family:inherit;font-size:10pt;">$2.4 million</font><font style="font-family:inherit;font-size:10pt;">, </font><font style="font-family:inherit;font-size:10pt;">$1.9 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$1.6 million</font><font style="font-family:inherit;font-size:10pt;"> in fiscal </font><font style="font-family:inherit;font-size:10pt;">2017</font><font style="font-family:inherit;font-size:10pt;">, </font><font style="font-family:inherit;font-size:10pt;">2016</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">2015</font><font style="font-family:inherit;font-size:10pt;">, respectively.</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></div>
CY2017 us-gaap Revenue Recognition Sales Returns
RevenueRecognitionSalesReturns
<div style="font-family:Times New Roman;font-size:10pt;"><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%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company estimates a liability for sales returns based on a rolling average of historical return trends, and the Company believes that its estimate for sales returns is an accurate reflection of future returns associated with past sales.&#160;&#160;However, as with any estimate, refund activity may vary from estimated amounts.&#160;&#160;At </font><font style="font-family:inherit;font-size:10pt;">December&#160;30, 2017</font><font style="font-family:inherit;font-size:10pt;">, the Company had a liability of </font><font style="font-family:inherit;font-size:10pt;">$3.8 million</font><font style="font-family:inherit;font-size:10pt;"> reserved for sales returns compared to </font><font style="font-family:inherit;font-size:10pt;">$4.2 million</font><font style="font-family:inherit;font-size:10pt;"> at </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;">.</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%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Management Estimates</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%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of consolidated financial statements in conformity with accounting principles generally accepted in the United States (&#8220;U.S. GAAP&#8221;) inherently requires estimates and assumptions by management of the Company that affect the reported amounts of assets and liabilities, revenues and expenses and related disclosures.&#160;&#160;Actual results could differ from those estimates.</font></div></div>

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