2017 Form 10-K Financial Statement

#000091209317000022 Filed on August 29, 2017

View on sec.gov

Income Statement

Concept 2017 2016 Q3 2016 Q2
Revenue $811.4M $224.1M $220.4M
YoY Change -10.47% 0.27%
Cost Of Revenue $326.0M $88.00M $89.10M
YoY Change -8.58% 0.45%
Gross Profit $479.0M $136.1M $131.3M
YoY Change -12.86% 0.15%
Gross Profit Margin 59.03% 60.73% 59.57%
Selling, General & Admin $300.1M $89.80M $80.60M
YoY Change -14.53% -11.53%
% of Gross Profit 62.65% 65.98% 61.39%
Research & Development $136.3M $40.40M $40.00M
YoY Change -18.09% -11.89%
% of Gross Profit 28.46% 29.68% 30.46%
Depreciation & Amortization $29.40M $16.10M $15.80M
YoY Change -22.83% -51.68%
% of Gross Profit 6.14% 11.83% 12.03%
Operating Expenses $472.0M $133.7M $124.1M
YoY Change -25.55% -12.17%
Operating Profit $7.000M $2.400M $7.200M
YoY Change -108.3% -170.59%
Interest Expense $43.20M $23.90M $9.100M
YoY Change 21.01% -249.18%
% of Operating Profit 617.14% 995.83% 126.39%
Other Income/Expense, Net $13.10M $1.100M $800.0K
YoY Change 424.0% -68.0%
Pretax Income $180.0M -$73.90M $38.70M
YoY Change -492.16% -254.18%
Income Tax $21.40M -$9.400M $9.900M
% Of Pretax Income 11.89% 25.58%
Net Earnings $160.2M -$67.90M $33.80M
YoY Change -261.49% -184.29%
Net Earnings / Revenue 19.74% -30.3% 15.34%
Basic Earnings Per Share $0.70 -$0.29 $0.15
Diluted Earnings Per Share $0.68 -$0.29 $0.14
COMMON SHARES
Basic Shares Outstanding 229.9M shares 232.7M shares 232.0M shares
Diluted Shares Outstanding 234.5M shares 232.7M shares 234.6M shares

Balance Sheet

Concept 2017 2016 Q3 2016 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.437B $968.0M $993.0M
YoY Change 48.45% 24.28%
Cash & Equivalents $1.004B $482.9M $437.1M
Short-Term Investments $432.0M $485.0M $556.0M
Other Short-Term Assets $62.00M $44.00M $47.00M
YoY Change 40.91% -87.43%
Inventory $48.00M $51.40M $52.50M
Prepaid Expenses $10.40M $12.50M
Receivables $120.0M $148.4M $151.9M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $1.667B $1.212B $1.244B
YoY Change 37.54% -9.85%
LONG-TERM ASSETS
Property, Plant & Equipment $137.0M $133.0M $134.4M
YoY Change 3.01% -9.92%
Goodwill $152.1M $245.3M
YoY Change -3.99%
Intangibles $59.90M $69.40M
YoY Change -23.4%
Long-Term Investments
YoY Change
Other Assets $124.0M $12.60M $18.60M
YoY Change 2.48% -11.0%
Total Long-Term Assets $444.0M $466.4M $580.7M
YoY Change -4.72% -30.68%
TOTAL ASSETS
Total Short-Term Assets $1.667B $1.212B $1.244B
Total Long-Term Assets $444.0M $466.4M $580.7M
Total Assets $2.111B $1.678B $1.825B
YoY Change 25.8% -17.72%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $33.00M $47.00M $39.90M
YoY Change -29.79% -5.0%
Accrued Expenses $89.00M $24.90M $27.30M
YoY Change 1.14% 15.19%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $1.000M
YoY Change 0.0%
Total Short-Term Liabilities $229.0M $226.4M $233.5M
YoY Change 1.33% -37.82%
LONG-TERM LIABILITIES
Long-Term Debt $959.0M $583.0M $582.0M
YoY Change 56.7% 3.56%
Other Long-Term Liabilities $136.0M $179.1M $172.4M
YoY Change -9.33% 2.38%
Total Long-Term Liabilities $1.095B $179.1M $172.4M
YoY Change 43.7% 2.38%
TOTAL LIABILITIES
Total Short-Term Liabilities $229.0M $226.4M $233.5M
Total Long-Term Liabilities $1.095B $179.1M $172.4M
Total Liabilities $1.324B $405.5M $405.9M
YoY Change 33.87% -25.37%
SHAREHOLDERS EQUITY
Retained Earnings -$69.38B -$69.30B
YoY Change 0.62%
Common Stock $70.06B $70.05B
YoY Change 0.04%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $786.0M $689.3M $837.4M
YoY Change
Total Liabilities & Shareholders Equity $2.111B $1.678B $1.825B
YoY Change 25.8% -17.72%

Cashflow Statement

Concept 2017 2016 Q3 2016 Q2
OPERATING ACTIVITIES
Net Income $160.2M -$67.90M $33.80M
YoY Change -261.49% -184.29%
Depreciation, Depletion And Amortization $29.40M $16.10M $15.80M
YoY Change -22.83% -51.68%
Cash From Operating Activities $94.30M $29.30M $36.30M
YoY Change 46.66% -24.06%
INVESTING ACTIVITIES
Capital Expenditures $38.60M -$8.900M -$7.200M
YoY Change 8.73% -78.05%
Acquisitions $0.00
YoY Change -100.0%
Other Investing Activities $152.3M $48.20M $77.70M
YoY Change -45.55% 201.16%
Cash From Investing Activities $113.5M $39.30M $70.50M
YoY Change -53.52% -1107.14%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $92.00M
YoY Change 106.74%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $311.0M -15.20M -2.500M
YoY Change -295.47% -138.46%
NET CHANGE
Cash From Operating Activities $94.30M 29.30M 36.30M
Cash From Investing Activities $113.5M 39.30M 70.50M
Cash From Financing Activities $311.0M -15.20M -2.500M
Net Change In Cash $521.3M 53.40M 104.3M
YoY Change 248.93% 120.51%
FREE CASH FLOW
Cash From Operating Activities $94.30M $29.30M $36.30M
Capital Expenditures $38.60M -$8.900M -$7.200M
Free Cash Flow $55.70M $38.20M $43.50M
YoY Change 93.4% -46.03%

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60300000 USD
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51900000 USD
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141000000 USD
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150600000 USD
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30200000 USD
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27400000 USD
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30300000 USD
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700000 USD
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34400000 USD
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700000 USD
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44300000 USD
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66800000 USD
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44500000 USD
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31100000 USD
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57300000 USD
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4700000 USD
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0 USD
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3000000 USD
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0 USD
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4800000 USD
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4700000 USD
CY2017 us-gaap Defined Contribution Plan Cost Recognized
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4100000 USD
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18000 USD
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38100000 USD
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0.11
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0.06
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0.14
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0.33
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0.21
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0.11
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0.06
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0.71
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CY2016 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
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2500000 USD
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43800000 USD
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700000 USD
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0 USD
CY2016 us-gaap Employee Service Share Based Compensation Tax Benefit Realized From Exercise Of Stock Options
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0 USD
CY2017 us-gaap Employee Service Share Based Compensation Tax Benefit Realized From Exercise Of Stock Options
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CY2015 us-gaap Federal Income Tax Expense Benefit Continuing Operations
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2400000 USD
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CY2017 us-gaap Federal Income Tax Expense Benefit Continuing Operations
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1000000 USD
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415800000 USD
CY2017Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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443000000 USD
CY2017Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
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20100000 USD
CY2017Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
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300000 USD
CY2017Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
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1400000 USD
CY2017Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
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9300000 USD
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475700000 USD
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474100000 USD
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59900000 USD
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31100000 USD
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900000 USD
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23700000 USD
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32200000 USD
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20100000 USD
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100000 USD
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71600000 USD
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203100000 USD
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100000 USD
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71600000 USD
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203100000 USD
CY2015 us-gaap Gain Loss On Sale Of Property Plant Equipment
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-1100000 USD
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-1500000 USD
CY2017 us-gaap Gain Loss On Sale Of Property Plant Equipment
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-5700000 USD
CY2015 us-gaap Gain Loss Related To Litigation Settlement
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2200000 USD
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0 USD
CY2017 us-gaap Gain Loss Related To Litigation Settlement
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0 USD
CY2015 us-gaap Gains Losses On Extinguishment Of Debt
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0 USD
CY2016 us-gaap Gains Losses On Extinguishment Of Debt
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0 USD
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659000000 USD
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659000000 USD
CY2014Q3 us-gaap Goodwill Impairment Loss
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0 USD
CY2015 us-gaap Goodwill Impairment Loss
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0 USD
CY2016Q3 us-gaap Goodwill Impairment Loss
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91400000 USD
CY2016 us-gaap Goodwill Impairment Loss
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91400000 USD
CY2017 us-gaap Goodwill Impairment Loss
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CY2016 us-gaap Goodwill Translation And Purchase Accounting Adjustments
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CY2017 us-gaap Goodwill Translation And Purchase Accounting Adjustments
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520100000 USD
us-gaap Gross Profit
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140500000 USD
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141800000 USD
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CY2016 us-gaap Gross Profit
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CY2016Q4 us-gaap Gross Profit
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119200000 USD
CY2017 us-gaap Gross Profit
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486000000 USD
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0 USD
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0 USD
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us-gaap Income Loss From Continuing Operations
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2200000 USD
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0 USD
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1000000 USD
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CY2016 us-gaap Income Loss From Continuing Operations
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78000000 USD
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49200000 USD
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26000000 USD
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12100000 USD
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165300000 USD
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CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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186600000 USD
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us-gaap Income Loss From Continuing Operations Per Basic Share
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0.21
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0.11
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0.05
CY2017 us-gaap Income Loss From Continuing Operations Per Basic Share
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0.72
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us-gaap Income Loss From Continuing Operations Per Diluted Share
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0.33
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0.21
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0.11
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0.05
CY2017 us-gaap Income Loss From Continuing Operations Per Diluted Share
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0.70
CY2015 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
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43300000 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
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3000000 USD
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5000000 USD
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CY2016 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
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CY2016Q4 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
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0 USD
CY2016Q4 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
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0 USD
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0 USD
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1600000 USD
CY2017 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
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1600000 USD
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0.19
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
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0.00
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0.01
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0.02
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0.00
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0.00
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0.00
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0.01
CY2017 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
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0.01
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0.19
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
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-0.22
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0.01
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0.02
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CY2016 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
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0.00
CY2017Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
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0.00
CY2017Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
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0.01
CY2017 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
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0.01
CY2015 us-gaap Income Tax Expense Benefit
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26100000 USD
CY2016 us-gaap Income Tax Expense Benefit
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4500000 USD
CY2017 us-gaap Income Tax Expense Benefit
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21300000 USD
CY2015 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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56700000 USD
CY2016 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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18200000 USD
CY2017 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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-27400000 USD
CY2015 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
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-2300000 USD
CY2016 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
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-2000000 USD
CY2017 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
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-6600000 USD
CY2015 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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-36800000 USD
CY2016 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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-16100000 USD
CY2017 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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65300000 USD
CY2015 us-gaap Income Tax Reconciliation Nondeductible Expense
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8000000 USD
CY2016 us-gaap Income Tax Reconciliation Nondeductible Expense
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6700000 USD
CY2017 us-gaap Income Tax Reconciliation Nondeductible Expense
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-9100000 USD
CY2015 us-gaap Income Tax Reconciliation Nondeductible Expense Impairment Losses
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0 USD
CY2016 us-gaap Income Tax Reconciliation Nondeductible Expense Impairment Losses
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19400000 USD
CY2017 us-gaap Income Tax Reconciliation Nondeductible Expense Impairment Losses
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0 USD
CY2015 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
2200000 USD
CY2016 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
100000 USD
CY2017 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
700000 USD
CY2015 us-gaap Income Tax Reconciliation Prior Year Income Taxes
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-800000 USD
CY2016 us-gaap Income Tax Reconciliation Prior Year Income Taxes
IncomeTaxReconciliationPriorYearIncomeTaxes
0 USD
CY2017 us-gaap Income Tax Reconciliation Prior Year Income Taxes
IncomeTaxReconciliationPriorYearIncomeTaxes
-200000 USD
CY2015 us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
900000 USD
CY2016 us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
1100000 USD
CY2016 us-gaap Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
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CY2017 us-gaap Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
29100000 USD
CY2015 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
9000000 USD
CY2016 us-gaap Increase Decrease In Other Operating Assets
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-5100000 USD
CY2017 us-gaap Income Tax Reconciliation Tax Credits
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1400000 USD
CY2015 us-gaap Income Taxes Paid
IncomeTaxesPaid
23800000 USD
CY2016 us-gaap Income Taxes Paid
IncomeTaxesPaid
31800000 USD
CY2017 us-gaap Income Taxes Paid
IncomeTaxesPaid
23100000 USD
CY2015 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-10100000 USD
CY2016 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-2100000 USD
CY2017 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-14800000 USD
CY2015 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
12500000 USD
CY2016 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-23400000 USD
CY2017 us-gaap Increase Decrease In Accounts Receivable
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-24500000 USD
CY2015 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-21300000 USD
CY2016 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-1500000 USD
CY2017 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-200000 USD
CY2015 us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
-19800000 USD
CY2016 us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
-600000 USD
CY2017 us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
-1500000 USD
CY2015 us-gaap Increase Decrease In Deferred Revenue
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3200000 USD
CY2016 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
-2400000 USD
CY2017 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
-27400000 USD
CY2015 us-gaap Increase Decrease In Employee Related Liabilities
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-32400000 USD
CY2016 us-gaap Increase Decrease In Employee Related Liabilities
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-25200000 USD
CY2017 us-gaap Increase Decrease In Employee Related Liabilities
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-15400000 USD
CY2015 us-gaap Increase Decrease In Inventories
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6000000 USD
CY2016 us-gaap Increase Decrease In Inventories
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2600000 USD
CY2017 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
1600000 USD
CY2015 us-gaap Increase Decrease In Other Accrued Liabilities
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-6800000 USD
CY2017 us-gaap Increase Decrease In Other Operating Assets
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17400000 USD
CY2015 us-gaap Increase Decrease In Restricted Cash
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-6000000 USD
CY2016 us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
-14000000 USD
CY2017 us-gaap Increase Decrease In Restricted Cash
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-200000 USD
CY2015 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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0 shares
CY2016 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2017 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
4600000 shares
CY2016Q3 us-gaap Intangible Assets Net Excluding Goodwill
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59900000 USD
CY2017Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
31100000 USD
CY2015 us-gaap Interest Expense
InterestExpense
33300000 USD
CY2016 us-gaap Interest Expense
InterestExpense
35700000 USD
CY2017 us-gaap Interest Expense
InterestExpense
43200000 USD
CY2016 us-gaap Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
4100000 USD
CY2017 us-gaap Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
5500000 USD
CY2015 us-gaap Interest Paid
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6500000 USD
CY2016 us-gaap Interest Paid
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6600000 USD
CY2017 us-gaap Interest Paid
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6700000 USD
CY2016Q3 us-gaap Inventory Finished Goods Net Of Reserves
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29100000 USD
CY2017Q3 us-gaap Inventory Finished Goods Net Of Reserves
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24900000 USD
CY2016Q3 us-gaap Inventory Net
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51400000 USD
CY2016Q3 us-gaap Liabilities And Stockholders Equity
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1678100000 USD
CY2015 us-gaap Net Income Loss
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us-gaap Net Income Loss
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CY2016Q1 us-gaap Net Income Loss
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CY2017Q3 us-gaap Inventory Net
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CY2016Q3 us-gaap Inventory Raw Materials Net Of Reserves
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14800000 USD
CY2017Q3 us-gaap Inventory Raw Materials Net Of Reserves
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12800000 USD
CY2016Q3 us-gaap Inventory Work In Process Net Of Reserves
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7500000 USD
CY2017Q3 us-gaap Inventory Work In Process Net Of Reserves
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10300000 USD
CY2015 us-gaap Investment Income Interest
InvestmentIncomeInterest
4600000 USD
CY2016 us-gaap Investment Income Interest
InvestmentIncomeInterest
5900000 USD
CY2017 us-gaap Investment Income Interest
InvestmentIncomeInterest
11100000 USD
CY2015 us-gaap Investment Income Net Amortization Of Discount And Premium
InvestmentIncomeNetAmortizationOfDiscountAndPremium
-3200000 USD
CY2016 us-gaap Investment Income Net Amortization Of Discount And Premium
InvestmentIncomeNetAmortizationOfDiscountAndPremium
-800000 USD
CY2017 us-gaap Investment Income Net Amortization Of Discount And Premium
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CY2017Q3 us-gaap Liabilities And Stockholders Equity
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2110500000 USD
CY2016Q3 us-gaap Liabilities Current
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226400000 USD
CY2017Q3 us-gaap Liabilities Current
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228800000 USD
CY2015 us-gaap Net Cash Provided By Used In Financing Activities
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-7300000 USD
CY2016 us-gaap Net Cash Provided By Used In Financing Activities
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CY2017 us-gaap Net Cash Provided By Used In Financing Activities
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325300000 USD
CY2015 us-gaap Net Cash Provided By Used In Investing Activities
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CY2016 us-gaap Net Cash Provided By Used In Investing Activities
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244200000 USD
CY2017 us-gaap Net Cash Provided By Used In Investing Activities
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113700000 USD
CY2015 us-gaap Net Cash Provided By Used In Operating Activities
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82300000 USD
CY2016 us-gaap Net Cash Provided By Used In Operating Activities
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52900000 USD
CY2017 us-gaap Net Cash Provided By Used In Operating Activities
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80000000 USD
CY2016Q2 us-gaap Net Income Loss
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33800000 USD
CY2016Q3 us-gaap Net Income Loss
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CY2016 us-gaap Net Income Loss
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CY2016Q4 us-gaap Net Income Loss
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78000000 USD
CY2016Q4 us-gaap Net Income Loss
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49200000 USD
CY2017Q2 us-gaap Net Income Loss
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26000000 USD
CY2017Q3 us-gaap Net Income Loss
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13700000 USD
CY2017 us-gaap Net Income Loss
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166900000 USD
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2 segment
CY2017 us-gaap Oci Before Reclassifications Net Of Tax Attributable To Parent
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97600000 USD
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595900000 USD
CY2016 us-gaap Operating Expenses
OperatingExpenses
634000000 USD
CY2017 us-gaap Operating Expenses
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472400000 USD
CY2015 us-gaap Operating Income Loss
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CY2016 us-gaap Operating Income Loss
OperatingIncomeLoss
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CY2017 us-gaap Operating Income Loss
OperatingIncomeLoss
13600000 USD
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18800000 USD
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21700000 USD
CY2017Q3 us-gaap Other Assets Miscellaneous Current
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42500000 USD
CY2016 us-gaap Operating Leases Rent Expense Net
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13800000 USD
CY2017 us-gaap Operating Leases Rent Expense Net
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12100000 USD
CY2015 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
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0 USD
CY2017Q3 us-gaap Operating Leases Future Minimum Payments Due Future Minimum Sublease Rentals
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2900000 USD
CY2017Q3 us-gaap Operating Leases Future Minimum Payments Due In Five Years
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6100000 USD
CY2017Q3 us-gaap Operating Leases Future Minimum Payments Due In Four Years
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10100000 USD
CY2017Q3 us-gaap Operating Leases Future Minimum Payments Due In Three Years
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12200000 USD
CY2017Q3 us-gaap Operating Leases Future Minimum Payments Due In Two Years
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16700000 USD
CY2017Q3 us-gaap Operating Leases Future Minimum Payments Due Thereafter
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500000 USD
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CY2017Q3 us-gaap Other Assets Noncurrent
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14400000 USD
CY2015 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
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CY2016 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
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CY2017 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
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700000 USD
CY2017 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax
1400000 USD
CY2015 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-55400000 USD
CY2016 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
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CY2017 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
4800000 USD
CY2015 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
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CY2016 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
65800000 USD
CY2017 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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CY2017 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Net Unamortized Gain Loss Arising During Period Before Tax
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2100000 USD
CY2016 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
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69600000 USD
CY2017 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
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201900000 USD
CY2015 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
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-400000 USD
CY2016 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
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-700000 USD
CY2017 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
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-1900000 USD
CY2015 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
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CY2016 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
177300000 USD
CY2017 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
92100000 USD
CY2016Q3 us-gaap Other Liabilities Current
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31000000 USD
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61400000 USD
CY2016Q3 us-gaap Other Liabilities Noncurrent
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179100000 USD
CY2017Q3 us-gaap Other Liabilities Noncurrent
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163900000 USD
CY2015 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
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CY2016 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
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CY2017 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
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CY2015 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
3700000 USD
CY2016 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
2500000 USD
CY2017 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
13100000 USD
CY2016 us-gaap Other Nonrecurring Expense
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CY2016Q3 us-gaap Other Sundry Liabilities Current
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CY2017Q3 us-gaap Other Sundry Liabilities Current
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7000000 USD
CY2017 us-gaap Payments To Acquire Property Plant And Equipment
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CY2016Q3 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
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CY2017Q3 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
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99400000 USD
CY2016Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
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CY2016Q3 us-gaap Preferred Stock Shares Authorized
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CY2017Q3 us-gaap Preferred Stock Shares Authorized
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CY2017Q3 us-gaap Other Sundry Liabilities Noncurrent
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CY2015 us-gaap Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net Availableforsale Securities
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0 USD
CY2016 us-gaap Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net Availableforsale Securities
OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNetAvailableforsaleSecurities
0 USD
CY2017 us-gaap Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net Availableforsale Securities
OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNetAvailableforsaleSecurities
0 USD
CY2015 us-gaap Payments For Repurchase Of Common Stock
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4800000 USD
CY2016 us-gaap Payments For Repurchase Of Common Stock
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44500000 USD
CY2017 us-gaap Payments For Repurchase Of Common Stock
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92000000 USD
CY2017 us-gaap Payments For Restructuring
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28600000 USD
CY2015 us-gaap Payments Of Debt Issuance Costs
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CY2016 us-gaap Payments Of Debt Issuance Costs
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0 USD
CY2017 us-gaap Payments Of Debt Issuance Costs
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8900000 USD
CY2015 us-gaap Payments To Acquire Available For Sale Securities
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562700000 USD
CY2016 us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
422400000 USD
CY2017 us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
679400000 USD
CY2015 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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0 USD
CY2016 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
900000 USD
CY2017 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 USD
CY2015 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
101500000 USD
CY2016 us-gaap Payments To Acquire Property Plant And Equipment
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35500000 USD
CY2016Q3 us-gaap Preferred Stock Shares Issued
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1 shares
CY2017Q3 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
1 shares
CY2016Q3 us-gaap Preferred Stock Shares Outstanding
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1 shares
CY2017Q3 us-gaap Preferred Stock Shares Outstanding
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1 shares
CY2016Q3 us-gaap Preferred Stock Value
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0 USD
CY2017Q3 us-gaap Preferred Stock Value
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0 USD
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32100000 USD
CY2017Q3 us-gaap Prepaid Expense And Other Assets Current
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50800000 USD
CY2016Q3 us-gaap Prepaid Expense Current
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10400000 USD
CY2017Q3 us-gaap Prepaid Expense Current
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8300000 USD
CY2015 us-gaap Proceeds From Convertible Debt
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CY2016 us-gaap Proceeds From Convertible Debt
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0 USD
CY2017 us-gaap Proceeds From Convertible Debt
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460000000 USD
CY2015 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
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574800000 USD
CY2016 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
395700000 USD
CY2017 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
470400000 USD
CY2015 us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
71400000 USD
CY2016 us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
287300000 USD
CY2017 us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
355200000 USD
CY2015 us-gaap Proceeds From Sale Of Productive Assets
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6200000 USD
CY2016 us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
6000000 USD
CY2017 us-gaap Proceeds From Sale Of Productive Assets
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5900000 USD
CY2015 us-gaap Proceeds From Stock Plans
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20800000 USD
CY2016 us-gaap Proceeds From Stock Plans
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4500000 USD
CY2017 us-gaap Proceeds From Stock Plans
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12400000 USD
CY2015Q2 us-gaap Product Warranty Accrual
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3700000 USD
CY2016Q3 us-gaap Product Warranty Accrual
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4900000 USD
CY2017Q3 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
5800000 USD
CY2016Q3 us-gaap Product Warranty Accrual Classified Current
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2600000 USD
CY2017Q3 us-gaap Product Warranty Accrual Classified Current
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2900000 USD
CY2016 us-gaap Product Warranty Accrual Payments
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3300000 USD
CY2017 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
3800000 USD
CY2016 us-gaap Product Warranty Accrual Preexisting Increase Decrease
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600000 USD
CY2017 us-gaap Product Warranty Accrual Preexisting Increase Decrease
ProductWarrantyAccrualPreexistingIncreaseDecrease
500000 USD
CY2016 us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
3900000 USD
CY2017 us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
4200000 USD
CY2016Q3 us-gaap Property Plant And Equipment Gross
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450800000 USD
CY2017Q3 us-gaap Property Plant And Equipment Gross
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458800000 USD
CY2016Q3 us-gaap Property Plant And Equipment Net
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133000000 USD
CY2017Q3 us-gaap Property Plant And Equipment Net
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136900000 USD
CY2017Q3 us-gaap Purchase Commitment Remaining Minimum Amount Committed
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56800000 USD
CY2017 us-gaap Reclassification From Aoci Current Period Net Of Tax Attributable To Parent
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200000000 USD
CY2015 us-gaap Repayments Of Convertible Debt
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0 USD
CY2016 us-gaap Repayments Of Convertible Debt
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0 USD
CY2017 us-gaap Repayments Of Convertible Debt
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45400000 USD
CY2015 us-gaap Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
23300000 USD
CY2016 us-gaap Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
5900000 USD
CY2017 us-gaap Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
800000 USD
CY2015 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
173300000 USD
CY2016 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
166400000 USD
CY2017 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
136300000 USD
CY2016Q3 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
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12200000 USD
CY2017Q3 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
11200000 USD
CY2016Q3 us-gaap Restricted Cash And Cash Equivalents Noncurrent
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6000000 USD
CY2017Q3 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
6800000 USD
CY2015 us-gaap Restructuring Charges
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26800000 USD
CY2016 us-gaap Restructuring Charges
RestructuringCharges
10500000 USD
CY2017 us-gaap Restructuring Charges
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21600000 USD
CY2016Q3 us-gaap Restructuring Reserve
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18000000 USD
CY2017Q3 us-gaap Restructuring Reserve
RestructuringReserve
11000000 USD
CY2016Q3 us-gaap Restructuring Reserve Current
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13300000 USD
CY2017Q3 us-gaap Restructuring Reserve Current
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8800000 USD
CY2016Q3 us-gaap Restructuring Reserve Noncurrent
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4700000 USD
CY2016Q2 us-gaap Sales Revenue Net
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220400000 USD
CY2016 us-gaap Severance Costs1
SeveranceCosts1
3500000 USD
CY2016 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
351100000 USD
CY2017 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
300500000 USD
CY2016Q3 us-gaap Retained Earnings Accumulated Deficit
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-69380700000 USD
CY2017Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-69305800000 USD
CY2015 us-gaap Sale Of Stock Consideration Received On Transaction
SaleOfStockConsiderationReceivedOnTransaction
0 USD
CY2016 us-gaap Sale Of Stock Consideration Received On Transaction
SaleOfStockConsiderationReceivedOnTransaction
35800000 USD
CY2017 us-gaap Sale Of Stock Consideration Received On Transaction
SaleOfStockConsiderationReceivedOnTransaction
0 USD
CY2016Q3 us-gaap Sales And Excise Tax Payable Current
SalesAndExciseTaxPayableCurrent
2300000 USD
CY2017Q3 us-gaap Sales And Excise Tax Payable Current
SalesAndExciseTaxPayableCurrent
2200000 USD
CY2015 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
771200000 USD
CY2016 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
808800000 USD
CY2017 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
726400000 USD
CY2015 us-gaap Sales Revenue Net
SalesRevenueNet
873900000 USD
us-gaap Sales Revenue Net
SalesRevenueNet
229700000 USD
CY2016Q1 us-gaap Sales Revenue Net
SalesRevenueNet
232100000 USD
CY2016Q3 us-gaap Sales Revenue Net
SalesRevenueNet
224100000 USD
CY2016 us-gaap Sales Revenue Net
SalesRevenueNet
906300000 USD
CY2016Q4 us-gaap Sales Revenue Net
SalesRevenueNet
210800000 USD
CY2016Q4 us-gaap Sales Revenue Net
SalesRevenueNet
206500000 USD
CY2017Q2 us-gaap Sales Revenue Net
SalesRevenueNet
196000000 USD
CY2017Q3 us-gaap Sales Revenue Net
SalesRevenueNet
198100000 USD
CY2017 us-gaap Sales Revenue Net
SalesRevenueNet
811400000 USD
CY2015 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
102700000 USD
CY2016 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
97500000 USD
CY2017 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
85000000 USD
CY2015 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
376300000 USD
CY2015 us-gaap Share Based Compensation
ShareBasedCompensation
66900000 USD
CY2016 us-gaap Share Based Compensation
ShareBasedCompensation
44000000 USD
CY2017 us-gaap Share Based Compensation
ShareBasedCompensation
33200000 USD
CY2017Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
15400000 shares
CY2017Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
500000 shares
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
100000 shares
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
400000 shares
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
0 shares
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
1200000 shares
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0 shares
CY2017Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
6800000 USD
CY2014Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
3500000 shares
CY2015Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
2500000 shares
CY2016Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
3100000 shares
CY2017Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1500000 shares
CY2014Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
10.13
CY2015Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
10.84
CY2017Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
6.16
CY2017Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
1400000 shares
CY2017Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
6.18
CY2015 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
7.58
CY2016 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
4.74
CY2017 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
5.66
CY2015 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
14.54
CY2016 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
10.52
CY2017 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
0.00
CY2016 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
5.95
CY2017 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
0.00
CY2016Q3 us-gaap Short Term Borrowings
ShortTermBorrowings
0 USD
CY2017Q3 us-gaap Short Term Borrowings
ShortTermBorrowings
0 USD
CY2016Q3 us-gaap Short Term Investments
ShortTermInvestments
484700000 USD
CY2017Q3 us-gaap Short Term Investments
ShortTermInvestments
432200000 USD
CY2017Q3 us-gaap Significant Change In Unrecognized Tax Benefits Is Reasonably Possible Amount Of Unrecorded Benefit
SignificantChangeInUnrecognizedTaxBenefitsIsReasonablyPossibleAmountOfUnrecordedBenefit
100000 USD
CY2015 us-gaap State And Local Income Tax Expense Benefit Continuing Operations
StateAndLocalIncomeTaxExpenseBenefitContinuingOperations
0 USD
CY2016 us-gaap State And Local Income Tax Expense Benefit Continuing Operations
StateAndLocalIncomeTaxExpenseBenefitContinuingOperations
-1500000 USD
CY2017 us-gaap State And Local Income Tax Expense Benefit Continuing Operations
StateAndLocalIncomeTaxExpenseBenefitContinuingOperations
200000 USD
CY2016Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
5.91
CY2017Q3 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Exercisable Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfExercisableOptions
639373 shares
CY2017Q3 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Outstanding Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
1524565 shares
CY2017Q3 us-gaap Share Price
SharePrice
10.53
CY2017Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
2700000 USD
CY2017Q3 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Exercise Price1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageExercisePrice1
6.46
CY2017 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageRemainingContractualTerm2
P3Y6M29D
CY2017Q3 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Exercise Price Beginning Balance1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageExercisePriceBeginningBalance1
6.16
CY2017 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageRemainingContractualTerm2
P5Y4M6D
CY2015 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
900000 shares
CY2016 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
700000 shares
CY2017 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
1600000 shares
CY2015 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
-1200000 USD
CY2016 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
-6900000 USD
CY2017 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
-1900000 USD
CY2015 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
4800000 USD
CY2016 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
44500000 USD
CY2017 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
92000000 USD
CY2014Q2 us-gaap Stockholders Equity
StockholdersEquity
1187700000 USD
CY2015Q2 us-gaap Stockholders Equity
StockholdersEquity
1101400000 USD
CY2016Q3 us-gaap Stockholders Equity
StockholdersEquity
689300000 USD
CY2017Q3 us-gaap Stockholders Equity
StockholdersEquity
786400000 USD
CY2016 us-gaap Stockholders Equity Note Spinoff Transaction
StockholdersEquityNoteSpinoffTransaction
-371300000 USD
CY2017Q3 us-gaap Undistributed Earnings Of Foreign Subsidiaries
UndistributedEarningsOfForeignSubsidiaries
373300000 USD
CY2014Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
38300000 USD
CY2015Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
36800000 USD
CY2016Q3 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
41700000 USD
CY2016 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
200000 USD
CY2017 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
1800000 USD
CY2017Q3 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
3000000 USD
CY2017Q3 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
38900000 USD
CY2017 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
3500000 USD
CY2016Q3 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
1700000 USD
CY2017Q3 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
1800000 USD
CY2015 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
1900000 USD
CY2016 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
5100000 USD
CY2017 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
1600000 USD
CY2017 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
900000 USD
CY2015 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
3300000 USD
CY2015 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
12700000 USD
CY2016 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
-160200000 USD
CY2017 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
-76500000 USD
CY2015 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
232700000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
236000000 shares
CY2016Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
237100000 shares
CY2016Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
234600000 shares
CY2016Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
232700000 shares
CY2016 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
234000000 shares
CY2016Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
236800000 shares
CY2016Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
234200000 shares
CY2017Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
234600000 shares
CY2017Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
232500000 shares
CY2017 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
234500000 shares
CY2015 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
232700000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
236000000 shares
CY2016Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
234900000 shares
CY2016Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
232000000 shares
CY2016Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
232700000 shares
CY2016 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
234000000 shares
CY2016Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
232400000 shares
CY2016Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
230500000 shares
CY2017Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
229400000 shares
CY2017Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
227300000 shares
CY2017 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
229900000 shares
CY2017 viav Additional Provision Of Us Income And Foreign Withholding Taxes On Repatriation Of Earnings
AdditionalProvisionOfUSIncomeAndForeignWithholdingTaxesOnRepatriationOfEarnings
21500000 USD
CY2017Q3 viav Adjustment To Additional Paid In Capital Tax Credit Carryforward When Realized
AdjustmentToAdditionalPaidInCapitalTaxCreditCarryforwardWhenRealized
117700000 USD
CY2015Q2 viav Deferred Tax Assets Acquisition Related
DeferredTaxAssetsAcquisitionRelated
59900000 USD
CY2016Q3 viav Deferred Tax Assets Acquisition Related
DeferredTaxAssetsAcquisitionRelated
65200000 USD
CY2017Q3 viav Deferred Tax Assets Acquisition Related
DeferredTaxAssetsAcquisitionRelated
55500000 USD
CY2015Q2 viav Deferred Tax Liabilities Acquisition Related
DeferredTaxLiabilitiesAcquisitionRelated
20900000 USD
CY2016Q3 viav Deferred Tax Liabilities Acquisition Related
DeferredTaxLiabilitiesAcquisitionRelated
13200000 USD
CY2017Q3 viav Deferred Tax Liabilities Acquisition Related
DeferredTaxLiabilitiesAcquisitionRelated
6500000 USD
CY2017 viav Defined Benefit Plan Fixed Income Assets Maturity Period Minimum
DefinedBenefitPlanFixedIncomeAssetsMaturityPeriodMinimum
P5Y
CY2017 viav Defined Contribution Plan Employer Match Employee Contribution Level One
DefinedContributionPlanEmployerMatchEmployeeContributionLevelOne
0.03
CY2017 viav Defined Contribution Plan Employer Match Employee Contribution Level Two
DefinedContributionPlanEmployerMatchEmployeeContributionLevelTwo
0.02
CY2017 viav Defined Contribution Plan Employer Match Level One
DefinedContributionPlanEmployerMatchLevelOne
1
CY2017 viav Defined Contribution Plan Employer Match Level Two
DefinedContributionPlanEmployerMatchLevelTwo
0.5
CY2017 viav Defined Contribution Plan Requisite Service Period
DefinedContributionPlanRequisiteServicePeriod
P180D
CY2016 viav Effective Income Tax Rate Reconciliation Deduction Write Off Of Goodwill
EffectiveIncomeTaxRateReconciliationDeductionWriteOffOfGoodwill
9500000 USD
CY2015 viav Effective Income Tax Rate Reconciliation Intraperiod Allocation
EffectiveIncomeTaxRateReconciliationIntraperiodAllocation
0 USD
CY2016 viav Effective Income Tax Rate Reconciliation Intraperiod Allocation
EffectiveIncomeTaxRateReconciliationIntraperiodAllocation
20700000 USD
CY2017 viav Effective Income Tax Rate Reconciliation Intraperiod Allocation
EffectiveIncomeTaxRateReconciliationIntraperiodAllocation
0 USD
CY2015 viav Finite Lived Intangible Assets Amortized Expense
FiniteLivedIntangibleAssetsAmortizedExpense
51400000 USD
CY2016 viav Finite Lived Intangible Assets Amortized Expense
FiniteLivedIntangibleAssetsAmortizedExpense
31900000 USD
CY2017 viav Finite Lived Intangible Assets Amortized Expense
FiniteLivedIntangibleAssetsAmortizedExpense
28300000 USD
CY2016 viav Goodwill Reallocation Dueto Separation
GoodwillReallocationDuetoSeparation
6000000 USD
CY2015 viav Gross Profit Margin
GrossProfitMargin
0.595
CY2016 viav Gross Profit Margin
GrossProfitMargin
0.607
CY2017 viav Gross Profit Margin
GrossProfitMargin
0.599
CY2015 viav Income Loss From Continuing Operations Before Income Tax Domestic And Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxDomesticAndForeign
-105300000 USD
CY2016 viav Income Loss From Continuing Operations Before Income Tax Domestic And Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxDomesticAndForeign
-45900000 USD
CY2017 viav Income Loss From Continuing Operations Before Income Tax Domestic And Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxDomesticAndForeign
186600000 USD
CY2015 viav Income Loss From Operations Before Income Taxes Domestic
IncomeLossFromOperationsBeforeIncomeTaxesDomestic
-173100000 USD
CY2016 viav Income Loss From Operations Before Income Taxes Domestic
IncomeLossFromOperationsBeforeIncomeTaxesDomestic
-110900000 USD
CY2017 viav Income Loss From Operations Before Income Taxes Domestic
IncomeLossFromOperationsBeforeIncomeTaxesDomestic
94700000 USD
CY2015 viav Income Loss From Operations Before Income Taxes Foreign
IncomeLossFromOperationsBeforeIncomeTaxesForeign
67800000 USD
CY2016 viav Income Loss From Operations Before Income Taxes Foreign
IncomeLossFromOperationsBeforeIncomeTaxesForeign
65000000 USD
CY2017 viav Income Loss From Operations Before Income Taxes Foreign
IncomeLossFromOperationsBeforeIncomeTaxesForeign
91900000 USD
CY2017 viav Increase Decrease In Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
IncreaseDecreaseInUnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
100000 USD
CY2017Q3 viav Intangible Assets Net Research And Development Intangible Assets Excluding Goodwill
IntangibleAssetsNetResearchAndDevelopmentIntangibleAssetsExcludingGoodwill
31100000 USD
CY2015Q2 viav New Public Entity Spinoff Announcement
NewPublicEntitySpinoffAnnouncement
2 company
CY2017 viav Number Of Executives In Modification Of Equity Awards From Amended Change Of Control Benefits Plan
NumberOfExecutivesInModificationOfEquityAwardsFromAmendedChangeOfControlBenefitsPlan
6 executive
CY2017Q3 viav Number Of Geographic Regions In Which Entity Operates
NumberOfGeographicRegionsInWhichEntityOperates
3 region
CY2017 viav Number Of Long Term Guaranteed Supply Agreements
NumberOfLongTermGuaranteedSupplyAgreements
0 agreement
CY2015 viav Operating Income Loss Margin
OperatingIncomeLossMargin
-0.087
CY2016 viav Operating Income Loss Margin
OperatingIncomeLossMargin
-0.093
CY2017 viav Operating Income Loss Margin
OperatingIncomeLossMargin
0.017
CY2017Q3 viav Operating Leases Lease Commitments Related To Restructuring Activities
OperatingLeasesLeaseCommitmentsRelatedToRestructuringActivities
3700000 USD
CY2016 viav Operating Loss Carryforward Utilized In Current Period
OperatingLossCarryforwardUtilizedInCurrentPeriod
1000000000 USD
CY2017 viav Options Extended Exercise Period From Modification
OptionsExtendedExercisePeriodFromModification
P2Y
CY2015Q3 viav Other Comprehensive Income Loss Spinoff Transaction
OtherComprehensiveIncomeLossSpinoffTransaction
-7800000 USD
CY2015 viav Other Nonoperating Income Expense Miscellaneous
OtherNonoperatingIncomeExpenseMiscellaneous
700000 USD
CY2016 viav Other Nonoperating Income Expense Miscellaneous
OtherNonoperatingIncomeExpenseMiscellaneous
-800000 USD
CY2017 viav Other Nonoperating Income Expense Miscellaneous
OtherNonoperatingIncomeExpenseMiscellaneous
2200000 USD
CY2015 viav Payments Of Cash Contributions To Subsidiary Upon Spin Off
PaymentsOfCashContributionsToSubsidiaryUponSpinOff
0 USD
CY2016 viav Payments Of Cash Contributions To Subsidiary Upon Spin Off
PaymentsOfCashContributionsToSubsidiaryUponSpinOff
137600000 USD
CY2017 viav Payments Of Cash Contributions To Subsidiary Upon Spin Off
PaymentsOfCashContributionsToSubsidiaryUponSpinOff
0 USD
CY2017 viav Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Minimum Remaining Maturity Period Of Traded Options Used For Determining Implied Volatility
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsMinimumRemainingMaturityPeriodOfTradedOptionsUsedForDeterminingImpliedVolatility
P6M
CY2016 viav Share Based Compensation Arrangement By Share Based Payment Award Options Adjustment For Spin Off
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAdjustmentForSpinOff
500000 shares
CY2015Q3 viav Share Based Compensation Arrangement By Share Based Payment Award Plan Modification Total Incremental Expense
ShareBasedCompensationArrangementByShareBasedPaymentAwardPlanModificationTotalIncrementalExpense
13600000 USD
CY2017Q3 viav Share Based Compensation Arrangement By Share Based Payment Award Shares Issued And Outstanding
ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesIssuedAndOutstanding
8800000 shares
CY2015Q3 viav Spinoff Expected Cash Contributions
SpinoffExpectedCashContributions
137600000 USD
CY2017 viav Standard Product Warranty Term
StandardProductWarrantyTerm
P3Y
CY2015Q3 viav Percentage Of Outstanding Common Stock
PercentageOfOutstandingCommonStock
0.801
CY2015 viav Separation Related Charges
SeparationRelatedCharges
9800000 USD
CY2016 viav Separation Related Charges
SeparationRelatedCharges
5000000 USD
CY2017 viav Separation Related Charges
SeparationRelatedCharges
1500000 USD
CY2017 viav Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Remaining Maturity Assumed
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateRemainingMaturityAssumed
P4M15D
CY2015Q3 viav Stockholders Equity Note Spinoff Transaction Conversion Ratio
StockholdersEquityNoteSpinoffTransactionConversionRatio
0.2
CY2017 viav Supply Agreement Typical Duration
SupplyAgreementTypicalDuration
P1Y
CY2017 viav Total Incremental Share Based Compensation From Modification
TotalIncrementalShareBasedCompensationFromModification
6300000 USD
CY2015 viav Unrecognized Tax Benefits Reductions Resulting From Fluctuation Of Foreign Currency Rate
UnrecognizedTaxBenefitsReductionsResultingFromFluctuationOfForeignCurrencyRate
100000 USD
CY2017Q3 viav Unrecognized Tax Benefits That Would Impact Valuation Allowances
UnrecognizedTaxBenefitsThatWouldImpactValuationAllowances
36000000 USD
CY2017Q3 viav Valuation Allowance Attributable To Stock Option Deductions
ValuationAllowanceAttributableToStockOptionDeductions
514700000 USD
CY2017 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%;padding-bottom:10px;padding-top:10px;font-size:10pt;"><font style="font-family:Times New Roman;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;">Note 2. Recently Issued Accounting Pronouncements</font><font style="font-family:Times New Roman;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;"> </font></div><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-align:justify;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In May 2017, the Financial Accounting Standards Board (&#8220;FASB&#8221;) issued guidance that clarifies the types of changes to the terms or conditions of share-based payment awards to which an entity would be required to apply modification accounting under the relevant authoritative guidance. The guidance is to be applied prospectively, and is effective for the Company in the first quarter of fiscal 2019. Early adoption is permitted. The Company does not anticipate the adoption of this guidance to have a material impact on its consolidated financial statements, absent any award(s) modified on or after adoption date.</font></div><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-align:justify;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In November 2016, the FASB issued guidance that will require that the amounts generally described as restricted cash and restricted cash equivalents would be included with cash and cash equivalents when reconciling the beginning-of-period and end-of-period amounts shown on the statement of cash flows.&#160;The new guidance also requires certain disclosures to supplement the statement of cash flows. The guidance is effective for the Company in the first quarter of fiscal 2019. Other than changes in the presentation within the statements of cash flows and additional required disclosures, the adoption of this new accounting guidance will not have an impact on the consolidated financial statements.</font></div><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-align:justify;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In October 2016, the FASB issued guidance that requires entities to recognize at the transaction date the income tax consequences of intra-entity transfer of an asset other than inventory. The guidance is effective for the Company in the first quarter of fiscal 2019. The Company is evaluating the impact of adopting this new accounting guidance on its consolidated financial statements.</font></div><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-align:justify;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In June 2016, the FASB issued guidance that changes the accounting for recognizing impairments of financial assets. Under the new guidance, credit losses for certain types of financial instruments will be estimated based on expected losses. The new guidance also modifies the impairment models for available-for-sale debt securities and for purchased financial assets with credit deterioration since their origination. The guidance is effective for the Company in the first quarter of fiscal 2021 and earlier adoption is permitted. The Company is evaluating the impact of adopting this new accounting guidance on its consolidated financial statements.</font></div><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-align:justify;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In March 2016, the FASB issued guidance which simplifies several aspects of accounting for share-based payment award transactions including income tax consequences, classification of awards as either equity or liabilities and classification on the statement of cash flows.&#160;The guidance is effective for the Company in the first quarter of fiscal 2018. The most significant impact from this guidance upon adoption for the Company relates to the classification of employee tax paid by withholding shares of restricted stock units on the statements of cash flows and excess tax benefit. Upon adoption, the related cash flows will be classified as financing activity, from the current classification as operating activity and all prior periods presented will be retrospectively adjusted to reflect this change. The employee tax paid by withholding shares totaled </font><font style="font-family:inherit;font-size:10pt;">$14.3 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$11.4 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;"> and </font><font style="font-family:inherit;font-size:10pt;">2016</font><font style="font-family:inherit;font-size:10pt;">, respectively. In addition, the guidance requires that the excess tax benefits to be recorded on the income statement as opposed to additional paid-in-capital. Due to the Company&#8217;s&#160;valuation allowance&#160;on its deferred tax assets, </font><font style="font-family:inherit;font-size:10pt;">no</font><font style="font-family:inherit;font-size:10pt;"> income tax benefit is expected to be recognized upon adoption. All other aspects of the guidance are not expected to have a material effect on the Company&#8217;s consolidated financial statements. </font></div><div style="line-height:120%;padding-bottom:0px;padding-top:0px;text-align:justify;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In February 2016, the FASB issued guidance regarding both operating and financing leases, requiring lessees to recognize on their balance sheets &#8220;right-of-use assets&#8221; and corresponding&#160;lease&#160;liabilities, measured on a discounted basis over the lease&#160;term. Virtually all leases will be subject to this treatment except leases that meet the definition of a &#8220;short-term&#160;lease.&#8221; The guidance requires a modified retrospective transition approach for leases existing at, or entered into after, the beginning of the earliest comparative period presented in the financial statements. The guidance is effective for the Company in the first quarter of fiscal 2020. While the Company is not yet in a position to assess the full impact of the application of the new guidance, the Company expects adoption of this guidance will materially increase the assets and liabilities recorded on its Consolidated Balance Sheets.</font></div><div style="line-height:120%;padding-bottom:0px;padding-top:0px;text-align:justify;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-bottom:0px;padding-top:0px;text-align:justify;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In May 2014, the FASB issued new authoritative guidance related to revenue recognition from contracts with customers. This new guidance will replace current U.S. GAAP guidance on this topic and eliminate industry-specific guidance. The new guidance provides a unified model to determine when and how revenue is recognized. The core principle of the new guidance is that a company should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration for which the entity expects to be entitled in exchange for those goods or services. This new guidance allows for either full retrospective adoption or modified retrospective adoption. The FASB deferred the effective date for this new guidance by one year to December 15, 2017 for annual reporting periods beginning after such date. Earlier application of this new guidance is permitted. The Company currently anticipates adopting the guidance in the first quarter of fiscal 2019 using the full retrospective method, reflecting the application of the new standard in each prior reporting period.</font></div><div style="line-height:120%;padding-bottom:0px;padding-top:0px;text-align:justify;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-bottom:0px;padding-top:0px;text-align:justify;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In preparation for the implementation and adoption of the new guidance, the Company has established a cross-functional team and implementation plan to identify processes, systems and internal controls over financial reporting impacted by the new guidance. The implementation plan includes comparison of the Company&#8217;s historical accounting policies and practices to the requirements of the new guidance, and identifying differences from applying the requirements of the new guidance to the Company&#8217;s contracts, consolidated financial statements and related disclosures.</font></div><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-align:justify;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">While the Company&#8217;s assessment of the potential impacts of the new guidance is not yet complete, initially the Company believes the most significant impact on the accounting for contracts with customers will be for certain arrangements that include sales of software solutions bundled with post-contract support (PCS) and/or services, where VSOE has not been established for the PCS and/or the services. Due to lack of VSOE under the current guidance, the Company defers recognition of any revenue attributable to such arrangements until the services lacking VSOE are complete. Such revenue is then recognized ratably over the remaining support term. The requirement to have VSOE for undelivered elements to enable the separation of the revenue for delivered software is eliminated under the new guidance and the Company will be required to allocate total contract revenue to each element (referred to as a distinct performance obligation under the new standard) based on either an established or estimated standalone selling price. Accordingly, a portion of the revenue for these types of contracts with customers will be recognized when the software or software solution is transferred to the customer. Dependent on contract-specific terms, the Company expects the actual revenue recognition treatment and timing will vary under the new guidance for some of these arrangements. The Company will continue to evaluate the impact of this new guidance on its consolidated financial statements and related disclosures.</font></div></div>
CY2017 us-gaap Derivatives Methods Of Accounting Nonhedging Derivatives
DerivativesMethodsOfAccountingNonhedgingDerivatives
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-align:justify;font-size:10pt;"><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:underline;">Foreign Currency Forward Contracts</font></div><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-align:justify;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company conducts its business and sells its products to customers primarily in North America, Europe and Asia. In the normal course of business, the Company&#8217;s financial position is routinely subject to market risks associated with foreign currency rate fluctuations due to balance sheet positions in foreign currencies. The Company evaluates foreign exchange risks and utilizes foreign currency forward contracts to reduce such risks, hedging the gains or losses generated by the re-measurement of significant foreign currency denominated monetary assets and liabilities. The fair value of these contracts is reflected as other current assets or other current liabilities and the change in fair value of these foreign currency forward contracts is recorded as gain or loss in the Company&#8217;s Consolidated Statements of Operations as a component of interest and other income, net. The gain or loss from the change in fair value of these foreign currency forward contracts largely offsets the change in fair value of the foreign currency denominated monetary assets and liabilities, which is also recorded as a component of interest and other income, net.</font></div></div>
CY2017 us-gaap Fiscal Period
FiscalPeriod
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-align:justify;font-size:10pt;"><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:underline;">Fiscal Years</font></div><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-align:justify;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company utilizes a 52-53&#160;week fiscal year ending on the Saturday closest to June&#160;30th. The Company&#8217;s fiscal&#160;</font><font style="font-family:inherit;font-size:10pt;">2017</font><font style="font-family:inherit;font-size:10pt;">&#160;was a&#160;52-week year ending on&#160;</font><font style="font-family:inherit;font-size:10pt;">July&#160;1, 2017</font><font style="font-family:inherit;font-size:10pt;">. The Company&#8217;s fiscal </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;">2015</font><font style="font-family:inherit;font-size:10pt;"> were 53-week and 52-week fiscal years ending on </font><font style="font-family:inherit;font-size:10pt;">July&#160;2, 2016</font><font style="font-family:inherit;font-size:10pt;">, and </font><font style="font-family:inherit;font-size:10pt;">June&#160;27, 2015</font><font style="font-family:inherit;font-size:10pt;">, respectively. </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-bottom:10px;padding-top:10px;text-align:justify;font-size:10pt;"><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:underline;">Use of Estimates</font></div><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-align:justify;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of the Company&#8217;s consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amount of assets and liabilities at the date of the financial statements, the reported amount of net revenues and expenses and the disclosure of commitments and contingencies during the reporting periods. The Company bases estimates on historical experience and on various assumptions about the future that are believed to be reasonable based on available information. The Company&#8217;s reported financial positions or results of operations may be materially different under changed conditions or when using different estimates and assumptions, particularly with respect to significant accounting policies. If estimates or assumptions differ from actual results, subsequent periods are adjusted to reflect more current information.</font></div></div>

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