2017 Form 10-K Financial Statement

#000089541917000055 Filed on August 23, 2017

View on sec.gov

Income Statement

Concept 2017 2016 Q2 2016 Q1
Revenue $1.473B $388.4M $366.9M
YoY Change -8.88% 1.64% -10.4%
Cost Of Revenue $527.5M $275.4M $257.9M
YoY Change -53.3% -9.85% -9.31%
Gross Profit $244.0M $113.0M $109.0M
YoY Change -49.9% 47.38% -12.88%
Gross Profit Margin 16.56% 29.1% 29.72%
Selling, General & Admin $145.7M $68.60M $64.49M
YoY Change -48.53% -10.68% -10.26%
% of Gross Profit 59.71% 60.7% 59.15%
Research & Development $113.8M $41.50M $41.87M
YoY Change -32.6% -8.39% -4.45%
% of Gross Profit 46.64% 36.72% 38.4%
Depreciation & Amortization $150.5M $39.20M $38.20M
YoY Change -5.43% -6.89% -13.38%
% of Gross Profit 61.68% 34.68% 35.04%
Operating Expenses $453.2M $117.4M $113.6M
YoY Change -8.9% -8.64% -8.33%
Operating Profit -$20.10M -$4.377M -$4.541M
YoY Change 91.96% -91.55% -461.26%
Interest Expense $13.81M $900.0K $600.0K
YoY Change -202.34% -106.21% -160.0%
% of Operating Profit
Other Income/Expense, Net $13.00M $100.0K $717.0K
YoY Change -199.73% -66.67% -182.79%
Pretax Income -$7.100M -$3.800M -$3.824M
YoY Change -84.32% -96.55% -1078.01%
Income Tax $81.00M $6.900M -$3.976M
% Of Pretax Income
Net Earnings -$98.10M -$10.64M $152.0K
YoY Change 355.52% -87.92% -68.07%
Net Earnings / Revenue -6.66% -2.74% 0.04%
Basic Earnings Per Share -$1.00 -$0.11 $0.00
Diluted Earnings Per Share -$1.00 -$0.11 $0.00
COMMON SHARES
Basic Shares Outstanding 98.49M shares 100.9M shares 100.6M shares
Diluted Shares Outstanding 98.49M shares 101.2M shares

Balance Sheet

Concept 2017 2016 Q2 2016 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $610.9M $605.3M $620.5M
YoY Change 0.93% -15.13% -20.66%
Cash & Equivalents $132.6M $166.2M $115.6M
Short-Term Investments $478.3M $439.2M $504.9M
Other Short-Term Assets $48.88M $44.79M $57.81M
YoY Change -35.64% -18.35% -41.73%
Inventory $284.4M $303.5M $297.9M
Prepaid Expenses $26.81M $20.76M
Receivables $148.4M $165.6M $178.6M
Other Receivables $8.040M $6.300M $12.30M
Total Short-Term Assets $1.101B $1.157B $1.193B
YoY Change -4.85% -11.58% -14.66%
LONG-TERM ASSETS
Property, Plant & Equipment $581.3M $599.7M $612.1M
YoY Change -3.08% -5.57% -6.45%
Goodwill $618.8M $618.8M
YoY Change 0.4% 0.4%
Intangibles $302.8M $309.9M
YoY Change -2.55% -3.82%
Long-Term Investments $50.37M $40.20M $41.70M
YoY Change 25.35% -30.21% -45.77%
Other Assets $24.47M $9.249M $9.648M
YoY Change -48.83% -16.61% -17.56%
Total Long-Term Assets $1.549B $1.609B $1.621B
YoY Change -3.74% -1.86% -3.61%
TOTAL ASSETS
Total Short-Term Assets $1.101B $1.157B $1.193B
Total Long-Term Assets $1.549B $1.609B $1.621B
Total Assets $2.650B $2.766B $2.814B
YoY Change -4.2% -6.17% -8.63%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $133.2M $132.3M $130.0M
YoY Change 0.68% -18.88% 4.0%
Accrued Expenses $78.84M $90.70M $88.00M
YoY Change -13.09% 1.23% 16.87%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $212.0M $223.0M $218.0M
YoY Change -4.92% -12.48% 8.86%
LONG-TERM LIABILITIES
Long-Term Debt $145.0M $160.0M $225.0M
YoY Change -9.38% -20.0% 50.0%
Other Long-Term Liabilities $20.18M $14.29M $16.42M
YoY Change 41.17% -32.2% -32.66%
Total Long-Term Liabilities $165.2M $175.2M $242.7M
YoY Change -5.23% -24.24% 28.66%
TOTAL LIABILITIES
Total Short-Term Liabilities $212.0M $223.0M $218.0M
Total Long-Term Liabilities $165.2M $175.2M $242.7M
Total Liabilities $427.1M $398.2M $460.7M
YoY Change 7.24% -18.07% 18.46%
SHAREHOLDERS EQUITY
Retained Earnings -$613.0K $10.03M
YoY Change -100.36% -97.63%
Common Stock $2.360B $2.336B
YoY Change 3.24% 3.32%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $2.223B $2.368B $2.353B
YoY Change
Total Liabilities & Shareholders Equity $2.650B $2.766B $2.814B
YoY Change -4.2% -6.17% -8.63%

Cashflow Statement

Concept 2017 2016 Q2 2016 Q1
OPERATING ACTIVITIES
Net Income -$98.10M -$10.64M $152.0K
YoY Change 355.52% -87.92% -68.07%
Depreciation, Depletion And Amortization $150.5M $39.20M $38.20M
YoY Change -5.43% -6.89% -13.38%
Cash From Operating Activities $220.5M $64.50M $15.00M
YoY Change 8.45% -26.37% -77.13%
INVESTING ACTIVITIES
Capital Expenditures $86.90M $23.80M $21.30M
YoY Change -27.59% -55.01% -57.23%
Acquisitions $0.00
YoY Change -100.0%
Other Investing Activities -$45.92M $66.60M $25.60M
YoY Change -136.28% -66700.0% -52.06%
Cash From Investing Activities -$145.2M $42.80M $4.300M
YoY Change 1737.28% -181.06% 22.86%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $86.30M
YoY Change -42.29%
Debt Paid & Issued, Net $483.0M
YoY Change
Cash From Financing Activities -$108.7M -56.70M 5.600M
YoY Change -35.24% -43.19% -108.75%
NET CHANGE
Cash From Operating Activities $220.5M 64.50M 15.00M
Cash From Investing Activities -$145.2M 42.80M 4.300M
Cash From Financing Activities -$108.7M -56.70M 5.600M
Net Change In Cash -$33.50M 50.60M 24.90M
YoY Change -221.58% -177.85% 388.24%
FREE CASH FLOW
Cash From Operating Activities $220.5M $64.50M $15.00M
Capital Expenditures $86.90M $23.80M $21.30M
Free Cash Flow $133.6M $40.70M -$6.300M
YoY Change 60.39% 17.29% -139.87%

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935000 USD
CY2016Q2 us-gaap Business Combination Recognized Identifiable Assets Acquired Goodwill And Liabilities Assumed Net
BusinessCombinationRecognizedIdentifiableAssetsAcquiredGoodwillAndLiabilitiesAssumedNet
18603000 USD
CY2014Q2 us-gaap Cash And Cash Equivalents At Carrying Value
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286824000 USD
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125000 USD
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121000 USD
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139710000 USD
CY2016Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
166154000 USD
CY2017Q2 us-gaap Cash And Cash Equivalents At Carrying Value
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132597000 USD
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-147114000 USD
CY2016 us-gaap Cash And Cash Equivalents Period Increase Decrease
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26444000 USD
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-33557000 USD
CY2016Q2 us-gaap Cash Cash Equivalents And Short Term Investments
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605305000 USD
CY2017Q2 us-gaap Cash Cash Equivalents And Short Term Investments
CashCashEquivalentsAndShortTermInvestments
610938000 USD
CY2016Q2 us-gaap Commitments And Contingencies
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USD
CY2017Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2016Q2 us-gaap Common Stock Par Or Stated Value Per Share
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0.00125
CY2017Q2 us-gaap Common Stock Par Or Stated Value Per Share
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0.00125
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200000000 shares
CY2017Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
200000000 shares
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100829000 shares
CY2017Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
97674000 shares
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100829000 shares
CY2017Q2 us-gaap Common Stock Shares Outstanding
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-70299000 USD
CY2016 us-gaap Comprehensive Income Net Of Tax
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-18606000 USD
CY2017 us-gaap Comprehensive Income Net Of Tax
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-100937000 USD
CY2015 us-gaap Construction In Progress Expenditures Incurred But Not Yet Paid
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24243000 USD
CY2016 us-gaap Construction In Progress Expenditures Incurred But Not Yet Paid
ConstructionInProgressExpendituresIncurredButNotYetPaid
3721000 USD
CY2017 us-gaap Construction In Progress Expenditures Incurred But Not Yet Paid
ConstructionInProgressExpendituresIncurredButNotYetPaid
10173000 USD
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1158586000 USD
CY2015Q3 us-gaap Cost Of Goods Sold
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294916000 USD
CY2015Q4 us-gaap Cost Of Goods Sold
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301361000 USD
CY2016Q1 us-gaap Cost Of Goods Sold
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257886000 USD
CY2016Q2 us-gaap Cost Of Goods Sold
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275390000 USD
CY2016 us-gaap Cost Of Goods Sold
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1129553000 USD
CY2016Q3 us-gaap Cost Of Goods Sold
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261302000 USD
CY2016Q4 us-gaap Cost Of Goods Sold
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260759000 USD
CY2017Q1 us-gaap Cost Of Goods Sold
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255429000 USD
CY2017Q2 us-gaap Cost Of Goods Sold
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260938000 USD
CY2017 us-gaap Cost Of Goods Sold
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1038428000 USD
CY2015 us-gaap Current Federal Tax Expense Benefit
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-12470000 USD
CY2016 us-gaap Current Federal Tax Expense Benefit
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5347000 USD
CY2017 us-gaap Current Federal Tax Expense Benefit
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10304000 USD
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13327000 USD
CY2016 us-gaap Current Foreign Tax Expense Benefit
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7278000 USD
CY2017 us-gaap Current Foreign Tax Expense Benefit
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7332000 USD
CY2015 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
2099000 USD
CY2016 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
13869000 USD
CY2017 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
18536000 USD
CY2015 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
1242000 USD
CY2016 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
1244000 USD
CY2017 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
900000 USD
CY2016 us-gaap Debt Instrument Interest Rate During Period
DebtInstrumentInterestRateDuringPeriod
0.0114
CY2017 us-gaap Debt Instrument Interest Rate During Period
DebtInstrumentInterestRateDuringPeriod
0.0156
CY2015 us-gaap Deferred Federal Income Tax Expense Benefit
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-7418000 USD
CY2016 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-26086000 USD
CY2017 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
68199000 USD
CY2015 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-12754000 USD
CY2016 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
12340000 USD
CY2017 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
190000 USD
CY2015 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-21346000 USD
CY2016 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-15839000 USD
CY2017 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
74918000 USD
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86452000 USD
CY2017Q2 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
89179000 USD
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-21346000 USD
CY2016 us-gaap Deferred Income Taxes And Tax Credits
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-15839000 USD
CY2017 us-gaap Deferred Income Taxes And Tax Credits
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74918000 USD
CY2015 us-gaap Deferred State And Local Income Tax Expense Benefit
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-1174000 USD
CY2016 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-2093000 USD
CY2017 us-gaap Deferred State And Local Income Tax Expense Benefit
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6529000 USD
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4159000 USD
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3262000 USD
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134843000 USD
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158626000 USD
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19656000 USD
CY2017Q2 us-gaap Deferred Tax Assets Inventory
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21042000 USD
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37621000 USD
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38564000 USD
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11763000 USD
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124073000 USD
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51082000 USD
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0 USD
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0 USD
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38564000 USD
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11763000 USD
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DeferredTaxAssetsOperatingLossCarryforwards
11443000 USD
CY2017Q2 us-gaap Deferred Tax Assets Operating Loss Carryforwards
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21776000 USD
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36200000 USD
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39300000 USD
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2792000 USD
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2522000 USD
CY2016Q2 us-gaap Deferred Tax Assets Tax Credit Carryforwards General Business
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17838000 USD
CY2017Q2 us-gaap Deferred Tax Assets Tax Credit Carryforwards General Business
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23525000 USD
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3286000 USD
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3507000 USD
CY2016Q2 us-gaap Deferred Tax Assets Tax Credit Carryforwards Research
DeferredTaxAssetsTaxCreditCarryforwardsResearch
8802000 USD
CY2017Q2 us-gaap Deferred Tax Assets Tax Credit Carryforwards Research
DeferredTaxAssetsTaxCreditCarryforwardsResearch
13425000 USD
CY2016Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits
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3176000 USD
CY2017Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits
3029000 USD
CY2016Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
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48191000 USD
CY2017Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
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46922000 USD
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872000 USD
CY2017Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Impairment Losses
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796000 USD
CY2016Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Returns And Allowances
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6615000 USD
CY2017Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Returns And Allowances
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8480000 USD
CY2016Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Warranty Reserves
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8013000 USD
CY2017Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Warranty Reserves
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10340000 USD
CY2016Q2 us-gaap Deferred Tax Assets Valuation Allowance
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10770000 USD
CY2017Q2 us-gaap Deferred Tax Assets Valuation Allowance
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107544000 USD
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38097000 USD
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0 USD
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0 USD
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69355000 USD
CY2017Q2 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
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73692000 USD
CY2016Q2 us-gaap Deferred Tax Liabilities Noncurrent
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943000 USD
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49860000 USD
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17900000 USD
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2445000 USD
CY2017Q2 us-gaap Deferred Tax Liabilities Other Comprehensive Income
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4102000 USD
CY2016Q2 us-gaap Deferred Tax Liabilities Prepaid Expenses
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1527000 USD
CY2017Q2 us-gaap Deferred Tax Liabilities Prepaid Expenses
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1461000 USD
CY2016Q2 us-gaap Deferred Tax Liabilities Property Plant And Equipment
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9549000 USD
CY2017Q2 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
7443000 USD
CY2015 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
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6900000 USD
CY2016 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
7000000 USD
CY2017 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
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7300000 USD
CY2015 us-gaap Depreciation
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136300000 USD
CY2016 us-gaap Depreciation
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118800000 USD
CY2017 us-gaap Depreciation
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110700000 USD
CY2015 us-gaap Depreciation Depletion And Amortization
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173323000 USD
CY2016 us-gaap Depreciation Depletion And Amortization
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159145000 USD
CY2017 us-gaap Depreciation Depletion And Amortization
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150508000 USD
CY2016Q2 us-gaap Disposal Group Including Discontinued Operation Property Plant And Equipment Current
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4347000 USD
CY2017Q2 us-gaap Disposal Group Including Discontinued Operation Property Plant And Equipment Current
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2180000 USD
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0.13
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CY2016 us-gaap Earnings Per Share Basic
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-0.21
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0.00
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-0.06
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-0.57
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-0.24
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0.13
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EarningsPerShareDiluted
0.00
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-0.11
CY2016 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.21
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EarningsPerShareDiluted
0.00
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0.06
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-1.02
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-0.06
CY2017 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.00
CY2015 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
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-878000 USD
CY2016 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
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-1110000 USD
CY2017 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
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-129000 USD
CY2015 us-gaap Effective Income Tax Rate Continuing Operations
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0.23
CY2016 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.08
CY2017 us-gaap Effective Income Tax Rate Continuing Operations
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-20.04
CY2015 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35
CY2016 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35
CY2017 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35
CY2015 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
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0.00
CY2016 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
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-0.39
CY2017 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
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-23.18
CY2015 us-gaap Effective Income Tax Rate Reconciliation Deductions Qualified Production Activities
EffectiveIncomeTaxRateReconciliationDeductionsQualifiedProductionActivities
0.01
CY2016 us-gaap Effective Income Tax Rate Reconciliation Deductions Qualified Production Activities
EffectiveIncomeTaxRateReconciliationDeductionsQualifiedProductionActivities
0.00
CY2017 us-gaap Effective Income Tax Rate Reconciliation Deductions Qualified Production Activities
EffectiveIncomeTaxRateReconciliationDeductionsQualifiedProductionActivities
0.00
CY2015 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
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-0.22
CY2016 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
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-0.12
CY2017 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
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1.11
CY2015 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
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-0.04
CY2016 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
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-0.06
CY2017 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
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-0.30
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-0.01
CY2016 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
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0.05
CY2017 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
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-0.02
CY2015 us-gaap Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent
0.00
CY2016 us-gaap Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent
0.00
CY2017 us-gaap Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
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-0.15
CY2017 us-gaap Effective Income Tax Rate Reconciliation Tax Settlements Other
EffectiveIncomeTaxRateReconciliationTaxSettlementsOther
-0.11
CY2015 us-gaap Effective Income Tax Rate Reconciliation Prior Year Income Taxes
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0.00
CY2016 us-gaap Effective Income Tax Rate Reconciliation Prior Year Income Taxes
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0.00
CY2017 us-gaap Effective Income Tax Rate Reconciliation Prior Year Income Taxes
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-0.04
CY2015 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.01
CY2016 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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0.03
CY2017 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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0.16
CY2015 us-gaap Effective Income Tax Rate Reconciliation Tax Contingencies
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0.00
CY2016 us-gaap Effective Income Tax Rate Reconciliation Tax Contingencies
EffectiveIncomeTaxRateReconciliationTaxContingencies
0.00
CY2017 us-gaap Effective Income Tax Rate Reconciliation Tax Contingencies
EffectiveIncomeTaxRateReconciliationTaxContingencies
-0.77
CY2015 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Foreign
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0.00
CY2016 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Foreign
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0.04
CY2017 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Foreign
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0.24
CY2015 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Investment
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0.08
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0.18
CY2017 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Investment
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0.94
CY2015 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Other
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0.01
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-0.01
CY2017 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Other
EffectiveIncomeTaxRateReconciliationTaxCreditsOther
0.01
CY2015 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Research
EffectiveIncomeTaxRateReconciliationTaxCreditsResearch
0.02
CY2016 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Research
EffectiveIncomeTaxRateReconciliationTaxCreditsResearch
0.09
CY2017 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Research
EffectiveIncomeTaxRateReconciliationTaxCreditsResearch
0.37
CY2015 us-gaap Effective Income Tax Rate Reconciliation Tax Exempt Income
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-0.03
CY2016 us-gaap Effective Income Tax Rate Reconciliation Tax Exempt Income
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-0.09
CY2017 us-gaap Effective Income Tax Rate Reconciliation Tax Exempt Income
EffectiveIncomeTaxRateReconciliationTaxExemptIncome
-0.27
CY2015 us-gaap Effective Income Tax Rate Reconciliation Tax Settlements Other
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0.00
CY2016 us-gaap Effective Income Tax Rate Reconciliation Tax Settlements Other
EffectiveIncomeTaxRateReconciliationTaxSettlementsOther
0.01
CY2016Q2 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
44642000 USD
CY2017Q2 us-gaap Employee Related Liabilities Current
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41860000 USD
CY2017Q2 us-gaap Equity Method Investment Ownership Percentage
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0.15
CY2015 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
1395000 USD
CY2016 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
12000 USD
CY2017 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
-2000 USD
CY2015 us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
1395000 USD
CY2016 us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
12000 USD
CY2017 us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
-2000 USD
CY2017Q2 us-gaap Fair Value Assets Level1 To Level2 Transfers Amount
FairValueAssetsLevel1ToLevel2TransfersAmount
0 USD
CY2017Q2 us-gaap Fair Value Assets Level2 To Level1 Transfers Amount
FairValueAssetsLevel2ToLevel1TransfersAmount
0 USD
CY2016Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
256793000 USD
CY2017Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
291493000 USD
CY2017Q2 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
56986000 USD
CY2017Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
38858000 USD
CY2017Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
17816000 USD
CY2017Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
19192000 USD
CY2017Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
24463000 USD
CY2017Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
37320000 USD
CY2016 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
2483000 USD
CY2015 us-gaap Gross Profit
GrossProfit
473919000 USD
CY2015Q3 us-gaap Gross Profit
GrossProfit
130573000 USD
CY2015Q4 us-gaap Gross Profit
GrossProfit
134445000 USD
CY2016Q1 us-gaap Gross Profit
GrossProfit
109033000 USD
CY2016Q2 us-gaap Gross Profit
GrossProfit
113023000 USD
CY2016 us-gaap Gross Profit
GrossProfit
487074000 USD
CY2016Q3 us-gaap Gross Profit
GrossProfit
109929000 USD
CY2016Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
479923000 USD
CY2017Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
486128000 USD
CY2016Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
223130000 USD
CY2017Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
194635000 USD
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ForeignCurrencyTransactionGainLossBeforeTax
-929000 USD
CY2016 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-4500000 USD
CY2017 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
2460000 USD
CY2015 us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
-347000 USD
CY2016 us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
-2057000 USD
CY2017 us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
2644000 USD
CY2015 us-gaap Gain Loss On Contract Termination
GainLossOnContractTermination
0 USD
CY2016 us-gaap Gain Loss On Contract Termination
GainLossOnContractTermination
0 USD
CY2017 us-gaap Gain Loss On Contract Termination
GainLossOnContractTermination
12500000 USD
CY2015 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
-47722000 USD
CY2016 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
-16913000 USD
CY2017 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
-2521000 USD
CY2016 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
1100000 USD
CY2015 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-44300000 USD
CY2016 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-10300000 USD
CY2017 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-1300000 USD
CY2016Q2 us-gaap Goodwill
Goodwill
618828000 USD
CY2017Q2 us-gaap Goodwill
Goodwill
618828000 USD
CY2016Q4 us-gaap Gross Profit
GrossProfit
140566000 USD
CY2017Q1 us-gaap Gross Profit
GrossProfit
86076000 USD
CY2017Q2 us-gaap Gross Profit
GrossProfit
98001000 USD
CY2017 us-gaap Gross Profit
GrossProfit
434572000 USD
CY2015 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
3400000 USD
CY2016 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
6700000 USD
CY2017 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
1200000 USD
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-41593000 USD
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-45278000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-43195000 USD
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
-42346000 USD
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
21772000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
38531000 USD
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-83939000 USD
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-23506000 USD
CY2015 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-22624000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-4664000 USD
CY2016 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-15357000 USD
CY2017 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
7543000 USD
CY2015 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-19247000 USD
CY2016 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-1970000 USD
CY2017 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
93454000 USD
CY2015 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
0 USD
CY2016 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
9286000 USD
CY2017 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
108077000 USD
CY2015 us-gaap Income Tax Reconciliation Deductions Qualified Production Activities
IncomeTaxReconciliationDeductionsQualifiedProductionActivities
520000 USD
CY2016 us-gaap Income Tax Reconciliation Deductions Qualified Production Activities
IncomeTaxReconciliationDeductionsQualifiedProductionActivities
0 USD
CY2017 us-gaap Income Tax Reconciliation Deductions Qualified Production Activities
IncomeTaxReconciliationDeductionsQualifiedProductionActivities
0 USD
CY2015 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
18738000 USD
CY2016 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
2748000 USD
CY2017 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-5162000 USD
CY2015 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-29379000 USD
CY2016 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-8227000 USD
CY2017 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-1632000 USD
CY2015 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
2988000 USD
CY2016 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
1346000 USD
CY2017 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
1389000 USD
CY2015 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
979000 USD
CY2016 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
1265000 USD
CY2017 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
105000 USD
CY2015 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
-83000 USD
CY2016 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
13000 USD
CY2017 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
715000 USD
CY2015 us-gaap Income Tax Reconciliation Prior Year Income Taxes
IncomeTaxReconciliationPriorYearIncomeTaxes
391000 USD
CY2016 us-gaap Income Tax Reconciliation Prior Year Income Taxes
IncomeTaxReconciliationPriorYearIncomeTaxes
-10000 USD
CY2017 us-gaap Income Tax Reconciliation Prior Year Income Taxes
IncomeTaxReconciliationPriorYearIncomeTaxes
165000 USD
CY2015 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-817000 USD
CY2016 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-748000 USD
CY2017 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-727000 USD
CY2015 us-gaap Income Tax Reconciliation Tax Contingencies
IncomeTaxReconciliationTaxContingencies
-225000 USD
CY2016 us-gaap Income Tax Reconciliation Tax Contingencies
IncomeTaxReconciliationTaxContingencies
-80000 USD
CY2017 us-gaap Income Tax Reconciliation Tax Contingencies
IncomeTaxReconciliationTaxContingencies
-3587000 USD
CY2015 us-gaap Income Tax Reconciliation Tax Credits Foreign
IncomeTaxReconciliationTaxCreditsForeign
389000 USD
CY2016 us-gaap Income Tax Reconciliation Tax Credits Foreign
IncomeTaxReconciliationTaxCreditsForeign
954000 USD
CY2017 us-gaap Income Tax Reconciliation Tax Credits Foreign
IncomeTaxReconciliationTaxCreditsForeign
1114000 USD
CY2015 us-gaap Income Tax Reconciliation Tax Credits Investment
IncomeTaxReconciliationTaxCreditsInvestment
6826000 USD
CY2016 us-gaap Income Tax Reconciliation Tax Credits Investment
IncomeTaxReconciliationTaxCreditsInvestment
4334000 USD
CY2017 us-gaap Income Tax Reconciliation Tax Credits Investment
IncomeTaxReconciliationTaxCreditsInvestment
4383000 USD
CY2015 us-gaap Income Tax Reconciliation Tax Credits Other
IncomeTaxReconciliationTaxCreditsOther
585000 USD
CY2016 us-gaap Income Tax Reconciliation Tax Credits Other
IncomeTaxReconciliationTaxCreditsOther
269000 USD
CY2017 us-gaap Income Tax Reconciliation Tax Credits Other
IncomeTaxReconciliationTaxCreditsOther
69000 USD
CY2015 us-gaap Income Tax Reconciliation Tax Credits Research
IncomeTaxReconciliationTaxCreditsResearch
2081000 USD
CY2016 us-gaap Income Tax Reconciliation Tax Credits Research
IncomeTaxReconciliationTaxCreditsResearch
2138000 USD
CY2017 us-gaap Income Tax Reconciliation Tax Credits Research
IncomeTaxReconciliationTaxCreditsResearch
1728000 USD
CY2015 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
2413000 USD
CY2016 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
2019000 USD
CY2017 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
1243000 USD
CY2015 us-gaap Income Tax Reconciliation Tax Settlements Other
IncomeTaxReconciliationTaxSettlementsOther
0 USD
CY2016 us-gaap Income Tax Reconciliation Tax Settlements Other
IncomeTaxReconciliationTaxSettlementsOther
238000 USD
CY2017 us-gaap Income Tax Reconciliation Tax Settlements Other
IncomeTaxReconciliationTaxSettlementsOther
494000 USD
CY2015 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
28834000 USD
CY2016 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
14722000 USD
CY2017 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
8494000 USD
CY2016Q2 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
6304000 USD
CY2017Q2 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
8040000 USD
CY2015 us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
-44796000 USD
CY2016 us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
-12090000 USD
CY2017 us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
-4818000 USD
CY2015 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-37853000 USD
CY2016 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-21800000 USD
CY2017 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-16955000 USD
CY2015 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-3528000 USD
CY2016 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
23269000 USD
CY2017 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-17918000 USD
CY2015 us-gaap Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
-31507000 USD
CY2016 us-gaap Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
-11355000 USD
CY2017 us-gaap Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
-4389000 USD
CY2015 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
11112000 USD
CY2016 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-8103000 USD
CY2017 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-17438000 USD
CY2016Q2 us-gaap Indefinite Lived Trade Names
IndefiniteLivedTradeNames
79680000 USD
CY2017Q2 us-gaap Indefinite Lived Trade Names
IndefiniteLivedTradeNames
79680000 USD
CY2016Q2 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
559603000 USD
CY2017Q2 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
565808000 USD
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IntangibleAssetsNetExcludingGoodwill
302810000 USD
CY2017Q2 us-gaap Intangible Assets Net Excluding Goodwill
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274315000 USD
CY2015 us-gaap Interest Paid
InterestPaid
1002000 USD
CY2016 us-gaap Interest Paid
InterestPaid
3110000 USD
CY2017 us-gaap Interest Paid
InterestPaid
3588000 USD
CY2016Q2 us-gaap Inventory Finished Goods Net Of Reserves
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123464000 USD
CY2017Q2 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
110573000 USD
CY2016Q2 us-gaap Inventory Net
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303542000 USD
CY2017Q2 us-gaap Inventory Net
InventoryNet
284385000 USD
CY2016Q2 us-gaap Inventory Raw Materials Net Of Reserves
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83299000 USD
CY2017Q2 us-gaap Inventory Raw Materials Net Of Reserves
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73410000 USD
CY2016Q2 us-gaap Inventory Work In Process Net Of Reserves
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96779000 USD
CY2017Q2 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
100402000 USD
CY2015 us-gaap Inventory Write Down
InventoryWriteDown
15200000 USD
CY2016 us-gaap Inventory Write Down
InventoryWriteDown
3600000 USD
CY2017 us-gaap Inventory Write Down
InventoryWriteDown
7300000 USD
CY2015 us-gaap Investment Income Dividend
InvestmentIncomeDividend
2581000 USD
CY2016 us-gaap Investment Income Dividend
InvestmentIncomeDividend
1655000 USD
CY2017 us-gaap Investment Income Dividend
InvestmentIncomeDividend
16000 USD
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InvestmentIncomeNet
9086000 USD
CY2016 us-gaap Investment Income Net
InvestmentIncomeNet
4472000 USD
CY2017 us-gaap Investment Income Net
InvestmentIncomeNet
3696000 USD
CY2015 us-gaap Investment Income Net Amortization Of Discount And Premium
InvestmentIncomeNetAmortizationOfDiscountAndPremium
-6152000 USD
CY2016 us-gaap Investment Income Net Amortization Of Discount And Premium
InvestmentIncomeNetAmortizationOfDiscountAndPremium
-5314000 USD
CY2017 us-gaap Investment Income Net Amortization Of Discount And Premium
InvestmentIncomeNetAmortizationOfDiscountAndPremium
-5427000 USD
CY2017Q3 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
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5100000 USD
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2766060000 USD
CY2017Q2 us-gaap Liabilities And Stockholders Equity
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2649867000 USD
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222999000 USD
CY2017Q2 us-gaap Liabilities Current
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212023000 USD
CY2016Q2 us-gaap Liabilities Noncurrent
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175237000 USD
CY2017Q2 us-gaap Liabilities Noncurrent
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215039000 USD
CY2017Q2 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
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500000000 USD
CY2017Q2 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
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355000000 USD
CY2016 us-gaap Line Of Credit Facility Unused Capacity Commitment Fee Percentage
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0.0009
CY2017 us-gaap Line Of Credit Facility Unused Capacity Commitment Fee Percentage
LineOfCreditFacilityUnusedCapacityCommitmentFeePercentage
0.0011
CY2016Q2 us-gaap Long Term Investments
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40179000 USD
CY2017Q2 us-gaap Long Term Line Of Credit
LongTermLineOfCredit
145000000 USD
CY2017Q2 us-gaap Long Term Investments
LongTermInvestments
50366000 USD
CY2016Q2 us-gaap Long Term Line Of Credit
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160000000 USD
CY2017Q3 us-gaap Minority Interest Ownership Percentage By Noncontrolling Owners
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0.49
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-311353000 USD
CY2016 us-gaap Net Cash Provided By Used In Financing Activities
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-167859000 USD
CY2017 us-gaap Net Cash Provided By Used In Financing Activities
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-104078000 USD
CY2015 us-gaap Net Cash Provided By Used In Investing Activities
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-16137000 USD
CY2016 us-gaap Net Cash Provided By Used In Investing Activities
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-7903000 USD
CY2017 us-gaap Net Cash Provided By Used In Investing Activities
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-145250000 USD
CY2015 us-gaap Net Cash Provided By Used In Operating Activities
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181254000 USD
CY2016 us-gaap Net Cash Provided By Used In Operating Activities
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203316000 USD
CY2017 us-gaap Net Cash Provided By Used In Operating Activities
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215900000 USD
CY2015 us-gaap Net Income Loss
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-64692000 USD
CY2015Q3 us-gaap Net Income Loss
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-24489000 USD
CY2015Q4 us-gaap Net Income Loss
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13442000 USD
CY2016Q1 us-gaap Net Income Loss
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152000 USD
CY2016Q2 us-gaap Net Income Loss
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-10641000 USD
CY2016 us-gaap Net Income Loss
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-21536000 USD
CY2016Q3 us-gaap Net Income Loss
NetIncomeLoss
566000 USD
CY2016Q4 us-gaap Net Income Loss
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6219000 USD
CY2017Q1 us-gaap Net Income Loss
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-99013000 USD
CY2017Q2 us-gaap Net Income Loss
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-5890000 USD
CY2017 us-gaap Net Income Loss
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-98118000 USD
CY2015 us-gaap Nonoperating Income Expense
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-10389000 USD
CY2016 us-gaap Nonoperating Income Expense
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-13035000 USD
CY2017 us-gaap Nonoperating Income Expense
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14008000 USD
CY2017 us-gaap Number Of Operating Segments
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3 operating_segments
CY2017 us-gaap Number Of Reportable Segments
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3 reportable_segments
CY2015 us-gaap Operating Expenses
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547469000 USD
CY2016 us-gaap Operating Expenses
OperatingExpenses
497545000 USD
CY2017 us-gaap Operating Expenses
OperatingExpenses
453244000 USD
CY2015 us-gaap Operating Income Loss
OperatingIncomeLoss
-73550000 USD
CY2016 us-gaap Operating Income Loss
OperatingIncomeLoss
-10471000 USD
CY2017 us-gaap Operating Income Loss
OperatingIncomeLoss
-18672000 USD
CY2017Q2 us-gaap Operating Leases Future Minimum Payments Due
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14462000 USD
CY2017Q2 us-gaap Operating Leases Future Minimum Payments Due Current
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4905000 USD
CY2017Q2 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
692000 USD
CY2017Q2 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
1350000 USD
CY2017Q2 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
2892000 USD
CY2017Q2 us-gaap Operating Leases Future Minimum Payments Due In Two Years
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3364000 USD
CY2017Q2 us-gaap Operating Leases Future Minimum Payments Due Thereafter
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1259000 USD
CY2015 us-gaap Operating Leases Rent Expense Net
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8200000 USD
CY2016 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
6600000 USD
CY2017 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
7000000 USD
CY2017 us-gaap Operating Loss Carryforwards Limitations On Use
OperatingLossCarryforwardsLimitationsOnUse
no
CY2016Q2 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
5164000 USD
CY2017Q2 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
6654000 USD
CY2016Q2 us-gaap Other Assets Current
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44788000 USD
CY2017Q2 us-gaap Other Assets Current
OtherAssetsCurrent
23390000 USD
CY2016Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
9249000 USD
CY2017Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
12702000 USD
CY2015 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
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-3563000 USD
CY2016 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-362000 USD
CY2017 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-153000 USD
CY2015 us-gaap Other Comprehensive Income Foreign Currency Translation Gain Loss Arising During Period Tax
OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax
0 USD
CY2016 us-gaap Other Comprehensive Income Foreign Currency Translation Gain Loss Arising During Period Tax
OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax
0 USD
CY2017 us-gaap Other Comprehensive Income Foreign Currency Translation Gain Loss Arising During Period Tax
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0 USD
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CY2016 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
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2000 USD
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<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:20px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Fiscal Year</font></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company&#8217;s fiscal year is a </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">52</font><font style="font-family:inherit;font-size:10pt;"> or </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">53</font><font style="font-family:inherit;font-size:10pt;">-week period ending on the last Sunday in the month of June. The Company&#8217;s </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">2017</font><font style="font-family:inherit;font-size:10pt;">, </font><font style="font-family:inherit;font-size:10pt;">2016</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2015</font><font style="font-family:inherit;font-size:10pt;"> fiscal years were </font><font style="font-family:inherit;font-size:10pt;">52</font><font style="font-family:inherit;font-size:10pt;">-week fiscal years. The Company&#8217;s </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">2018</font><font style="font-family:inherit;font-size:10pt;"> fiscal year will be a </font><font style="font-family:inherit;font-size:10pt;">52</font><font style="font-family:inherit;font-size:10pt;">-week fiscal year.</font></div></div>
CY2017 us-gaap Nature Of Operations
NatureOfOperations
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:16px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Business</font></div><div style="line-height:120%;padding-top:20px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Overview</font></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Cree, Inc. (the Company) is a leading innovator of lighting-class light emitting diode (LED) products, lighting products and wide bandgap semiconductor products for power and radio-frequency (RF) applications. The Company's products are targeted for applications such as indoor and outdoor lighting, video displays, transportation, electronic signs and signals, power supplies, inverters and wireless systems.</font></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company's lighting products primarily consist of LED lighting systems and lamps. The Company designs, manufactures and sells lighting fixtures and lamps for the commercial, industrial and consumer markets.</font></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company's LED products consist of LED chips and LED components. The Company's LED products enable its customers to develop and market LED-based products for lighting, video screens, automotive and other industrial applications.</font></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company&#8217;s Wolfspeed business consists of silicon carbide (SiC) materials, power devices and RF devices based on wide bandgap semiconductor materials such as SiC and gallium nitride (GaN). The Company&#8217;s materials products and power devices are used in solar, electric vehicles, motor drives, power supplies and transportation applications. The Company&#8217;s RF devices are used in military communications, radar, satellite and telecommunication applications. </font></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The majority of the Company's products are manufactured at its production facilities located in North Carolina, Wisconsin and China. The Company also uses contract manufacturers for certain products and aspects of product fabrication, assembly and packaging. The Company operates research and development facilities in North Carolina, Arkansas, California, Wisconsin, India, Italy and China (including Hong Kong).</font></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Cree, Inc. is a North Carolina corporation established in 1987 and is headquartered in Durham, North Carolina.</font></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company's </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;"> reportable segments are:</font></div><table cellpadding="0" cellspacing="0" style="padding-top:12px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:72px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:48px;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Lighting Products</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:12px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:72px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:48px;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">LED Products</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:12px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:72px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:48px;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Wolfspeed</font></div></td></tr></table><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">For financial results by reportable segment, please refer to Note </font><font style="font-family:inherit;font-size:10pt;">14</font><font style="font-family:inherit;font-size:10pt;">, &#8220;Reportable Segments.&#8221;</font></div></div>
CY2017 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:20px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Reclassifications</font></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Certain prior period amounts in the accompanying consolidated financial statements have been reclassified to conform to the current year presentation. These reclassifications had </font><font style="font-family:inherit;font-size:10pt;">no</font><font style="font-family:inherit;font-size:10pt;"> effect on previously reported net loss or shareholders&#8217; equity.</font></div></div>
CY2017 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:20px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Use of Estimates</font></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of consolidated financial statements in conformity with accounting principles generally accepted in the United States of America (U.S. GAAP) requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenue and expenses, and the disclosure of contingent assets and liabilities. The Company evaluates its estimates on an ongoing basis, including those related to revenue recognition, product warranty obligations, valuation of inventories, tax related contingencies, valuation of stock-based compensation, valuation of long-lived and intangible assets, other contingencies and litigation, among others. The Company generally bases its estimates on historical experience and on various other assumptions that are believed to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources. Actual results could differ materially from those estimates.</font></div><div style="line-height:120%;padding-top:20px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;"></font></div></div>

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