2021 Q2 Form 10-K Financial Statement

#000156459021039550 Filed on July 30, 2021

View on sec.gov

Income Statement

Concept 2021 Q2 2020 Q4 2020 Q3
Revenue $978.3M $731.1M $702.9M
YoY Change 59.95% -11.67% -17.87%
Cost Of Revenue $752.2M $595.6M $589.6M
YoY Change 44.18% -15.76% -20.18%
Gross Profit $226.1M $135.5M $113.4M
YoY Change 151.58% 12.32% -3.35%
Gross Profit Margin 23.12% 18.53% 16.13%
Selling, General & Admin $99.93M $82.10M $82.20M
YoY Change 47.38% -7.28% -9.5%
% of Gross Profit 44.19% 60.6% 72.51%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $21.95M $21.60M $22.20M
YoY Change -4.96% -4.42% -8.26%
% of Gross Profit 9.71% 15.94% 19.58%
Operating Expenses $99.92M $82.10M $82.20M
YoY Change 47.16% -7.28% -9.5%
Operating Profit $126.2M $37.36M -$30.12M
YoY Change 474.0% 16.33% 106.48%
Interest Expense $37.41M -$130.3M $7.590M
YoY Change 281.76% -1881.27% -19.94%
% of Operating Profit 29.64% -348.73%
Other Income/Expense, Net $797.0K $400.0K $500.0K
YoY Change -0.38% -42.86% -16.67%
Pretax Income $146.0M -$87.96M $782.5M
YoY Change 763.85% -220.84% -29740.76%
Income Tax $27.45M -$19.45M $163.8M
% Of Pretax Income 18.8% 20.93%
Net Earnings $113.6M -$74.04M $616.7M
YoY Change 602.04% -242.16% -13011.96%
Net Earnings / Revenue 11.61% -10.13% 87.73%
Basic Earnings Per Share $2.20 -$1.40 $11.41
Diluted Earnings Per Share $2.15 -$1.40 $11.22
COMMON SHARES
Basic Shares Outstanding 52.99M 54.07M
Diluted Shares Outstanding 52.99M 54.94M

Balance Sheet

Concept 2021 Q2 2020 Q4 2020 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $640.3M $857.0M $937.7M
YoY Change 334.99% 1085.34% 1956.36%
Cash & Equivalents $640.3M $713.1M $650.1M
Short-Term Investments $143.9M $287.6M
Other Short-Term Assets $121.0M $75.60M $78.80M
YoY Change 48.65% 23.33% 1.42%
Inventory $564.8M $304.4M $319.5M
Prepaid Expenses
Receivables $640.0M $447.6M $428.3M
Other Receivables $1.958M $3.200M $2.200M
Total Short-Term Assets $1.968B $1.688B $1.767B
YoY Change 100.17% 67.02% 71.49%
LONG-TERM ASSETS
Property, Plant & Equipment $515.0M $602.3M $615.2M
YoY Change -10.06% -0.68% 4.68%
Goodwill $351.1M
YoY Change 9.22%
Intangibles $240.4M
YoY Change 30.35%
Long-Term Investments $233.1M $210.0M $208.4M
YoY Change 14.65% -7.0% -2.16%
Other Assets $30.57M $32.80M $34.50M
YoY Change -12.56% -2.38% 15.77%
Total Long-Term Assets $1.405B $1.339B $1.365B
YoY Change 4.22% -4.21% 0.89%
TOTAL ASSETS
Total Short-Term Assets $1.968B $1.688B $1.767B
Total Long-Term Assets $1.405B $1.339B $1.365B
Total Assets $3.373B $3.027B $3.131B
YoY Change 44.68% 25.67% 31.41%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $567.4M $338.0M $294.2M
YoY Change 129.7% 4.06% -12.96%
Accrued Expenses $199.9M $164.2M $148.4M
YoY Change 59.28% 28.08% 28.26%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $458.0K $200.0K $200.0K
YoY Change 207.38% -26.47% -66.67%
Total Short-Term Liabilities $787.9M $557.2M $542.2M
YoY Change 102.94% 17.59% 12.33%
LONG-TERM LIABILITIES
Long-Term Debt $710.0M $707.3M $707.3M
YoY Change 1.5% 1.26% 1.25%
Other Long-Term Liabilities $82.82M $216.8M $208.6M
YoY Change 9.29% 198.46% -6.75%
Total Long-Term Liabilities $792.9M $924.1M $915.9M
YoY Change 2.26% 19.83% -0.69%
TOTAL LIABILITIES
Total Short-Term Liabilities $787.9M $557.2M $542.2M
Total Long-Term Liabilities $792.9M $924.1M $915.9M
Total Liabilities $1.822B $1.751B $1.748B
YoY Change 33.44% 20.71% 9.63%
SHAREHOLDERS EQUITY
Retained Earnings $1.070B
YoY Change 86.98%
Common Stock $282.8M
YoY Change -0.35%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.398B $1.277B $1.383B
YoY Change
Total Liabilities & Shareholders Equity $3.373B $3.027B $3.131B
YoY Change 44.68% 25.67% 31.42%

Cashflow Statement

Concept 2021 Q2 2020 Q4 2020 Q3
OPERATING ACTIVITIES
Net Income $113.6M -$74.04M $616.7M
YoY Change 602.04% -242.16% -13011.96%
Depreciation, Depletion And Amortization $21.95M $21.60M $22.20M
YoY Change -4.96% -4.42% -8.26%
Cash From Operating Activities $40.28M $107.4M $117.4M
YoY Change -50.15% 3.14% 82.37%
INVESTING ACTIVITIES
Capital Expenditures -$16.88M $16.07M $32.87M
YoY Change -28.78% -43.37% 48.24%
Acquisitions $75.00K $0.00
YoY Change -99.74%
Other Investing Activities $25.49M $21.50M $487.9M
YoY Change -12844.0% -173.38% 5203.26%
Cash From Investing Activities $8.610M $5.432M $455.0M
YoY Change -135.88% -109.42% -3600.45%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $38.56M $54.32M
YoY Change 83.52%
Debt Paid & Issued, Net $96.00K $97.00K
YoY Change -80.41% -99.94%
Cash From Financing Activities -58.08M -49.80M -69.51M
YoY Change 339.97% 150.97% -29.18%
NET CHANGE
Cash From Operating Activities 40.28M 107.4M 117.4M
Cash From Investing Activities 8.610M 5.432M 455.0M
Cash From Financing Activities -58.08M -49.80M -69.51M
Net Change In Cash -9.187M 63.06M 502.9M
YoY Change -121.07% 136.39% -1174.97%
FREE CASH FLOW
Cash From Operating Activities $40.28M $107.4M $117.4M
Capital Expenditures -$16.88M $16.07M $32.87M
Free Cash Flow $57.16M $91.36M $84.52M
YoY Change -45.3% 20.55% 100.3%

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CY2019 us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2020 us-gaap Earnings Per Share Basic
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CY2019 us-gaap Earnings Per Share Basic
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CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2020 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2019 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2021 us-gaap Earnings Per Share Diluted
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13.42
CY2020 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.41
CY2019 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.61
CY2021 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
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CY2018Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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1036375000
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CY2019 us-gaap Stock Issued During Period Value New Issues
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CY2019 wor Theoretical Common Shares In Nonqualified Deferred Compensation Plan
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CY2019 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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CY2019 us-gaap Stock Repurchased And Retired During Period Value
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CY2019 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
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10726000
CY2019 us-gaap Common Stock Dividends Per Share Declared
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0.92
CY2019 us-gaap Dividends Cash
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53391000
CY2019Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2020 us-gaap Profit Loss
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CY2020 wor Theoretical Common Shares In Nonqualified Deferred Compensation Plan
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CY2020 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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13191000
CY2020 us-gaap Stock Repurchased And Retired During Period Value
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CY2020 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
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1453000
CY2020 us-gaap Dividends Cash
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53721000
CY2020Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2021 us-gaap Profit Loss
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CY2021 us-gaap Other Comprehensive Income Loss Net Of Tax
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CY2021 us-gaap Stock Issued During Period Value New Issues
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6581000
CY2021 wor Theoretical Common Shares In Nonqualified Deferred Compensation Plan
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556000
CY2021 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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CY2021 us-gaap Stock Repurchased And Retired During Period Value
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CY2021 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
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CY2021 us-gaap Gain Loss On Disposition Of Assets1
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CY2019 wor Value Of Shares Recorded As Charitable Contribution
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0
CY2021 us-gaap Gains Losses On Extinguishment Of Debt
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0
CY2020 us-gaap Gains Losses On Extinguishment Of Debt
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CY2019 us-gaap Gains Losses On Extinguishment Of Debt
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CY2021 us-gaap Increase Decrease In Receivables
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223254000
CY2020 us-gaap Increase Decrease In Receivables
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CY2019 us-gaap Increase Decrease In Receivables
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CY2021 us-gaap Dividends Cash
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CY2021Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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1551695000
CY2021 us-gaap Profit Loss
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741450000
CY2021 us-gaap Depreciation And Amortization
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87654000
CY2021 us-gaap Asset Impairment Charges
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13739000
CY2021 us-gaap Deferred Income Tax Expense Benefit
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CY2021 us-gaap Provision For Doubtful Accounts
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CY2021 us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
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169740000
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CY2019 us-gaap Increase Decrease In Inventories
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33649000
CY2021 us-gaap Increase Decrease In Accounts Payable
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315222000
CY2020 us-gaap Increase Decrease In Accounts Payable
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CY2021 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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CY2019 us-gaap Increase Decrease In Accounts Payable
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CY2021 us-gaap Increase Decrease In Employee Related Liabilities
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CY2020 us-gaap Increase Decrease In Employee Related Liabilities
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CY2020 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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CY2019 us-gaap Increase Decrease In Employee Related Liabilities
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CY2019 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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10402000
CY2021 wor Payments For Proceeds From Uncosolidated Affiliates
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0
CY2020 wor Payments For Proceeds From Uncosolidated Affiliates
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0
CY2021 us-gaap Increase Decrease In Accrued Income Taxes Payable
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CY2019 wor Payments For Proceeds From Uncosolidated Affiliates
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CY2021 us-gaap Proceeds From Sale Of Productive Assets
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CY2020 us-gaap Proceeds From Sale Of Productive Assets
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CY2019 us-gaap Proceeds From Sale Of Productive Assets
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CY2021 us-gaap Net Cash Provided By Used In Investing Activities
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CY2020 us-gaap Net Cash Provided By Used In Investing Activities
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CY2020 us-gaap Increase Decrease In Accrued Income Taxes Payable
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CY2019 us-gaap Increase Decrease In Accrued Income Taxes Payable
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CY2019 us-gaap Net Cash Provided By Used In Investing Activities
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11475000
CY2021 wor Proceeds From Issuance Of Long Term Debt Net
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0
CY2020 wor Proceeds From Issuance Of Long Term Debt Net
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CY2019 us-gaap Increase Decrease In Other Operating Capital Net
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CY2020 us-gaap Gain Loss On Investments
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CY2020 us-gaap Payments To Acquire Property Plant And Equipment
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CY2019 us-gaap Payments To Acquire Property Plant And Equipment
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CY2021 us-gaap Proceeds From Sale Of Available For Sale Securities
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CY2021 wor Value Of Shares Recorded As Charitable Contribution
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CY2020 wor Value Of Shares Recorded As Charitable Contribution
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0
CY2020 us-gaap Proceeds From Sale Of Available For Sale Securities
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CY2021 us-gaap Allocated Share Based Compensation Expense
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CY2021 us-gaap Gain Loss On Investments
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CY2020 us-gaap Net Cash Provided By Used In Operating Activities
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CY2019 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
197859000
CY2021 us-gaap Payments To Acquire Property Plant And Equipment
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CY2019 wor Proceeds From Issuance Of Long Term Debt Net
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CY2021 us-gaap Repayments Of Long Term Debt
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CY2020 us-gaap Repayments Of Long Term Debt
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CY2020 us-gaap Payments For Repurchase Of Common Stock
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CY2019 us-gaap Payments For Repurchase Of Common Stock
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CY2021 us-gaap Payments Of Dividends Common Stock
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CY2019 us-gaap Repayments Of Long Term Debt
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CY2021 wor Proceeds From Issuance Of Common Stock Net Of Tax Withholdings
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CY2021 us-gaap Payments Of Dividends Minority Interest
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CY2019 wor Proceeds From Issuance Of Common Stock Net Of Tax Withholdings
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CY2020 wor Proceeds From Issuance Of Common Stock Net Of Tax Withholdings
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CY2020 us-gaap Payments Of Dividends Minority Interest
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CY2019 us-gaap Payments Of Dividends Minority Interest
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CY2020 us-gaap Payments Of Dividends Common Stock
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CY2019 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
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CY2020 us-gaap Net Cash Provided By Used In Financing Activities
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CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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CY2019 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
54835000
CY2019 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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CY2020Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
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CY2019Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
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CY2018Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
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CY2021Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
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CY2020Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
147198000
CY2019Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
92363000
CY2021 us-gaap Use Of Estimates
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<p style="text-align:justify;margin-top:10pt;margin-bottom:0pt;text-indent:7.69%;font-style:italic;font-family:Times New Roman;font-size:10pt;font-weight:normal;text-transform:none;font-variant: normal;">Use of Estimates:<span style="font-style:normal;">  The preparation of consolidated financial statements in conformity with accounting principles generally accepted in the United States (“U.S. GAAP”) requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying notes.  Actual results could differ from those estimates.</span></p>
CY2021 us-gaap Loss On Derivative Instruments Pretax
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0
CY2021Q2 wor Number Of Production Facilities Operated
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21
CY2021 us-gaap Number Of Reportable Segments
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2
CY2021Q2 wor Number Of Joint Ventures
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9
CY2021 us-gaap Allowance For Doubtful Accounts Receivable Period Increase Decrease
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-913000
CY2021Q2 us-gaap Allowance For Doubtful Accounts Receivable Current
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CY2021 us-gaap Depreciation
Depreciation
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CY2020 us-gaap Depreciation
Depreciation
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CY2019 us-gaap Depreciation
Depreciation
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CY2020 us-gaap Advertising Expense
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17603000
CY2021 us-gaap Advertising Expense
AdvertisingExpense
17462000
CY2019 us-gaap Advertising Expense
AdvertisingExpense
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CY2021 us-gaap Interest Paid Net
InterestPaidNet
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CY2020 us-gaap Interest Paid Net
InterestPaidNet
32994000
CY2019 us-gaap Interest Paid Net
InterestPaidNet
38807000
CY2021 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
160847000
CY2020 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
25076000
CY2019 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
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CY2018Q2 us-gaap Inventory Net
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454027000
CY2018Q2 us-gaap Prepaid Expense And Other Assets Current
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CY2018Q2 us-gaap Deferred Income Tax Liabilities Net
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RetainedEarningsAccumulatedDeficit
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CY2018Q2 us-gaap Minority Interest
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CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
3171429000
CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
3059119000
CY2019 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
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CY2019 wor Equity Method Investment Summarized Financial Information Operating Income Loss
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221549000
CY2021 wor Equity Method Investment Summarized Financial Information Depreciation And Amortization
EquityMethodInvestmentSummarizedFinancialInformationDepreciationAndAmortization
34988000
CY2020 wor Equity Method Investment Summarized Financial Information Depreciation And Amortization
EquityMethodInvestmentSummarizedFinancialInformationDepreciationAndAmortization
30519000
CY2021 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
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CY2020 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
122953000
CY2019 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
161079000
CY2021Q2 wor Number Of Largest Unconsolidated Affiliates
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4
CY2021 wor Equity Method Investment Summarized Financial Information Operating Income Loss
EquityMethodInvestmentSummarizedFinancialInformationOperatingIncomeLoss
310600000
CY2020 wor Equity Method Investment Summarized Financial Information Operating Income Loss
EquityMethodInvestmentSummarizedFinancialInformationOperatingIncomeLoss
223521000
CY2019 wor Equity Method Investment Summarized Financial Information Depreciation And Amortization
EquityMethodInvestmentSummarizedFinancialInformationDepreciationAndAmortization
26483000
CY2021 wor Equity Method Investment Summarized Financial Information Interest Expense Income
EquityMethodInvestmentSummarizedFinancialInformationInterestExpenseIncome
12284000
CY2020 wor Equity Method Investment Summarized Financial Information Interest Expense Income
EquityMethodInvestmentSummarizedFinancialInformationInterestExpenseIncome
13992000
CY2019 wor Equity Method Investment Summarized Financial Information Interest Expense Income
EquityMethodInvestmentSummarizedFinancialInformationInterestExpenseIncome
13395000
CY2021 wor Equity Method Investment Summarized Financial Information Income Tax Expense Benefit
EquityMethodInvestmentSummarizedFinancialInformationIncomeTaxExpenseBenefit
11960000
CY2020 wor Equity Method Investment Summarized Financial Information Income Tax Expense Benefit
EquityMethodInvestmentSummarizedFinancialInformationIncomeTaxExpenseBenefit
3453000
CY2019 wor Equity Method Investment Summarized Financial Information Income Tax Expense Benefit
EquityMethodInvestmentSummarizedFinancialInformationIncomeTaxExpenseBenefit
7877000
CY2021Q2 us-gaap Retained Earnings Undistributed Earnings From Equity Method Investees
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59015000
CY2020Q2 us-gaap Retained Earnings Undistributed Earnings From Equity Method Investees
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39995000
CY2019Q2 us-gaap Goodwill Gross
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CY2019Q2 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
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CY2019Q2 us-gaap Goodwill
Goodwill
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CY2020 wor Goodwill Acquired During Period Value
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CY2020 us-gaap Goodwill Written Off Related To Sale Of Business Unit
GoodwillWrittenOffRelatedToSaleOfBusinessUnit
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CY2020 us-gaap Goodwill Foreign Currency Translation Gain Loss
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-309000
CY2020 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
22097000
CY2020 us-gaap Goodwill Period Increase Decrease
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-13173000
CY2020Q2 us-gaap Goodwill Gross
GoodwillGross
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CY2020Q2 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
198290000
CY2020Q2 us-gaap Goodwill
Goodwill
321434000
CY2021 wor Goodwill Acquired During Period Value
GoodwillAcquiredDuringPeriodValue
37876000
CY2021 us-gaap Goodwill Written Off Related To Sale Of Business Unit
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13556000
CY2021 us-gaap Goodwill Foreign Currency Translation Gain Loss
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5302000
CY2021 us-gaap Goodwill Period Increase Decrease
GoodwillPeriodIncreaseDecrease
29622000
CY2021Q2 us-gaap Goodwill Gross
GoodwillGross
549346000
CY2021Q2 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
198290000
CY2021Q2 us-gaap Goodwill
Goodwill
351056000
CY2021Q2 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
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99901000
CY2020Q2 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
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72101000
CY2021Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
220999000
CY2021Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
80513000
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FiniteLivedIntangibleAssetsGross
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CY2020Q1 us-gaap Impairment Of Long Lived Assets To Be Disposed Of
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CY2021Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
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CY2020Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
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CY2021Q2 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
320900000
CY2020Q2 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
277189000
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
12257000
CY2020 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
12870000
CY2019 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
15286000
CY2021Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
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11604000
CY2021Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
11517000
CY2021Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
11517000
CY2021Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
11338000
CY2020Q1 wor Fixed Asset Net Book Value
FixedAssetNetBookValue
14274000
CY2020Q1 wor Intangible Assets Net Book Value
IntangibleAssetsNetBookValue
6577000
CY2020Q2 us-gaap Restructuring Reserve
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6692000
CY2021 us-gaap Restructuring Charges
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2752000
CY2021 us-gaap Payments For Restructuring
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8310000
CY2021 us-gaap Restructuring Reserve Accrual Adjustment1
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86000
CY2021Q2 us-gaap Restructuring Reserve
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1220000
CY2021 us-gaap Gain Loss On Sale Of Property Plant Equipment
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CY2021 wor Restructuring And Other Expense Income
RestructuringAndOtherExpenseIncome
56097000
CY2019Q2 us-gaap Restructuring Reserve
RestructuringReserve
776000
CY2020 us-gaap Restructuring Charges
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9925000
CY2020 us-gaap Payments For Restructuring
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3975000
CY2020 us-gaap Restructuring Reserve Accrual Adjustment1
RestructuringReserveAccrualAdjustment1
-34000
CY2020Q2 us-gaap Restructuring Reserve
RestructuringReserve
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CY2020 us-gaap Gain Loss On Sale Of Property Plant Equipment
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-123000
CY2021Q2 us-gaap Debt Longterm And Shortterm Combined Amount
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713479000
CY2020Q2 us-gaap Debt Longterm And Shortterm Combined Amount
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703060000
CY2021Q2 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
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2990000
CY2020Q2 us-gaap Long Term Debt Noncurrent
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562115000
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3395000
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710489000
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458000
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458000
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302000
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302000
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150302000
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0
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10480000
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10497000
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7684000
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CY2020 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
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1365000
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4030000
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83434000
CY2021 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax
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19682000
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63752000
CY2020 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Before Tax
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2339000
CY2020 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax
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559000
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1780000
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20472000
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6828855
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6600000
CY2021Q1 us-gaap Stock Repurchase Program Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased
5618464
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StockRepurchaseProgramRemainingNumberOfSharesAuthorizedToBeRepurchased
10000000
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9300000
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StockRepurchasedAndRetiredDuringPeriodShares
4018464
CY2020 us-gaap Stock Repurchased And Retired During Period Shares
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1300000
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4100000
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PaymentsForRepurchaseOfCommonStock
192054000
CY2020 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
50972000
CY2019 us-gaap Payments For Repurchase Of Common Stock
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556000
CY2020Q2 us-gaap Deferred Compensation Liability Current
DeferredCompensationLiabilityCurrent
547000
CY2019Q2 us-gaap Deferred Compensation Liability Current
DeferredCompensationLiabilityCurrent
680000
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2109134
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19129000
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14729000
CY2020 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
11883000
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AllocatedShareBasedCompensationExpenseNetOfTax
9150000
CY2019 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
11733000
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AllocatedShareBasedCompensationExpenseNetOfTax
9034000
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17525000
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116000
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
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101000
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10.43
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96000
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36.93
CY2020 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
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38.91
CY2019 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
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54000
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CY2021Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
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36.44
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ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
31.52
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
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1000
CY2020 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
43.04
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ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1352000
CY2020Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
27.34
CY2019Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1555000
CY2019Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
24.01
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ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
2019000
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22.26
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116000
CY2021 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
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36.93
CY2020 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
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CY2021 us-gaap Stock Issued During Period Shares Stock Options Exercised
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854000
CY2021 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
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22.16
CY2020 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
303000
CY2020 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
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13.99
CY2019 us-gaap Stock Issued During Period Shares Stock Options Exercised
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506000
CY2019 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
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18.45
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12000
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1352000
CY2020Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
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27.34
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1555000
CY2019Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
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24.01
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389000
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35.55
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1167000
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25.34
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1397000
CY2019Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
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21.96
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ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
602000
CY2021Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
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18037000
CY2021Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
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389000
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12415000
CY2020Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1352000
CY2020Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
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8846000
CY2020Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Weighted Average Grant Date Fair Value
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1167000
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CY2019Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
18728000
CY2019Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
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1397000
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SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
18728000
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116000
CY2021 wor Share Based Compensation Arrangement By Share Based Payment Award Nonvested Options Granted In Period Weighted Average Grant Date Fair Value
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CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Options Forfeited Weighted Average Grant Date Fair Value
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SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
213000
CY2021Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Weighted Average Grant Date Fair Value
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1352000
CY2019 us-gaap Defined Benefit Plan Interest Cost
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CY2020 us-gaap Defined Benefit Plan Actual Return On Plan Assets
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CY2019 us-gaap Defined Benefit Plan Actual Return On Plan Assets
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52000
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CY2020 us-gaap Defined Contribution Plan Cost Recognized
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16495000
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CY2021 us-gaap Pension And Other Postretirement Benefit Expense
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CY2020 us-gaap Pension And Other Postretirement Benefit Expense
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16547000
CY2019 us-gaap Pension And Other Postretirement Benefit Expense
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CY2020Q2 us-gaap Defined Benefit Plan Assumptions Used Calculating Benefit Obligation Discount Rate
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0.0265
CY2019Q2 us-gaap Defined Benefit Plan Assumptions Used Calculating Benefit Obligation Discount Rate
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CY2020 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Discount Rate
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CY2019 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Discount Rate
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CY2020 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Expected Long Term Return On Assets
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CY2019 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Expected Long Term Return On Assets
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0.0700
CY2020Q2 us-gaap Defined Benefit Plan Benefit Obligation
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46167000
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38519000
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1205000
CY2020 us-gaap Defined Benefit Plan Interest Cost
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1352000
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7095000
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-7043000
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-7898000
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1345000
CY2020 us-gaap Defined Benefit Plan Benefit Obligation Benefits Paid
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28510000
CY2019Q2 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
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CY2020 us-gaap Defined Benefit Plan Actual Return On Plan Assets
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CY2021 us-gaap Defined Benefit Plan Contributions By Employer
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CY2020 us-gaap Defined Benefit Plan Contributions By Employer
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1699000
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1345000
CY2020 us-gaap Defined Benefit Plan Plan Assets Benefits Paid
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1375000
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18000
CY2021Q2 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
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33136000
CY2021Q2 us-gaap Defined Benefit Plan Funded Status Of Plan
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-8059000
CY2020Q2 us-gaap Defined Benefit Plan Funded Status Of Plan
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17541000
CY2020Q2 us-gaap Defined Benefit Plan Accumulated Other Comprehensive Income Net Gains Losses After Tax
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25413000
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7097000
CY2020 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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CY2021 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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7872000
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545609
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33136000
CY2020Q2 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
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28510000
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1
CY2020Q2 us-gaap Defined Benefit Plan Weighted Average Asset Allocations
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1
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142000
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11
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The investment policy and strategy for the defined benefit plan is: (i) long-term in nature with liquidity requirements that are anticipated to be minimal due to the projected normal retirement date of the average employee and the current average age of participants;  (ii) to earn nominal returns, net of investment fees, equal to or in excess of the defined benefit plan’s liability growth rate; and (iii) to include a diversified asset allocation of domestic and international equities and fixed income investments.
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1466000
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1494000
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1531000
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1583000
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1666000
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9872000
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206456000
CY2021 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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CY2020 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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900062000
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105138000
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196638000
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CY2020 us-gaap Current Foreign Tax Expense Benefit
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CY2021 us-gaap Income Tax Expense Benefit
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IncomeTaxExpenseBenefit
26342000
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IncomeTaxExpenseBenefit
43183000
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0.210
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0.210
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0.002
CY2021 wor Effective Income Tax Rate Reconciliation Excess Tax Benefits Relating To Share Based Compensation
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0.005
CY2020 wor Effective Income Tax Rate Reconciliation Excess Tax Benefits Relating To Share Based Compensation
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0.012
CY2019 wor Effective Income Tax Rate Reconciliation Excess Tax Benefits Relating To Share Based Compensation
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0.014
CY2021 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
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0.006
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0.006
CY2021 wor Effective Income Tax Rate Reconciliation Capital Loss
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0.015
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0.005
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0.013
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EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.005
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0.251
CY2019 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.220
CY2021 wor Effective Income Tax Rate From Continuing Operations Including Noncontrolling Interests
EffectiveIncomeTaxRateFromContinuingOperationsIncludingNoncontrollingInterests
0.192
CY2020 wor Effective Income Tax Rate From Continuing Operations Including Noncontrolling Interests
EffectiveIncomeTaxRateFromContinuingOperationsIncludingNoncontrollingInterests
0.238
CY2019 wor Effective Income Tax Rate From Continuing Operations Including Noncontrolling Interests
EffectiveIncomeTaxRateFromContinuingOperationsIncludingNoncontrollingInterests
0.209
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0.50
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3836000
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1718000
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1621000
CY2021Q2 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
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3030000
CY2021Q2 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
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12000
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68000
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UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
287000
CY2020Q2 us-gaap Unrecognized Tax Benefits
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1718000
CY2021 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
1445000
CY2021 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
3730000
CY2021 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
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167000
CY2021Q2 us-gaap Unrecognized Tax Benefits
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3836000
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1244000
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1246000
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21214000
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9907000
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48262000
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5554000
CY2021Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
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24714000
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13.73
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1.43
CY2019 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.68
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EarningsPerShareDiluted
13.42
CY2020 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.41
CY2019 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.61
CY2021 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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0
CY2020 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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398498
CY2019 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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313144
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95553000
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2
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6931000
CY2020Q2 us-gaap Deferred Tax Assets Derivative Instruments
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2309000
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57196000
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10048000
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3171429000
CY2020 us-gaap Revenues
Revenues
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CY2019 us-gaap Revenues
Revenues
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CY2020Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
572644000
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CY2020 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
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CY2021 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
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CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
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