XML 90 R72.htm IDEA: XBRL DOCUMENT v3.6.0.2
Note 8 - Acquisitions (Details Textual)
$ / shares in Units, $ in Thousands
3 Months Ended 12 Months Ended
Dec. 29, 2015
USD ($)
Jan. 15, 2014
USD ($)
$ / shares
shares
Jan. 15, 2014
USD ($)
$ / shares
shares
Dec. 31, 2015
USD ($)
$ / shares
shares
Mar. 31, 2015
Mar. 31, 2014
shares
Dec. 31, 2016
USD ($)
$ / shares
shares
Dec. 31, 2015
USD ($)
$ / shares
shares
Dec. 31, 2014
USD ($)
Dec. 31, 2013
Nov. 30, 2013
Number of Businesses Acquired       1 4   2 5      
Goodwill       $ 1,380,000     $ 1,577,000 $ 1,380,000 $ 1,150,000    
Preferred Stock, Par or Stated Value Per Share | $ / shares       $ 100     $ 100 $ 100      
Preferred Stock, Shares Issued | shares       2,300     2,300 2,300      
Stock Issued During Period, Value, Acquisitions                 1,915,000    
Business Combination, Contingent Consideration, Asset       $ 246,000     $ 289,000 $ 246,000      
Proceeds from Equity Method Investment, Dividends or Distributions             85,000 143,000 1,704,000    
Samsung Corning Precision Materials Co., Ltd. [Member]                      
Equity Method Investment, Ownership Percentage                   57.50% 50.00%
Samsung Corning Precision Materials Co., Ltd. [Member] | Samsung Display Co., Ltd. [Member]                      
Equity Method Investment, Ownership Percentage   42.50% 42.50%               42.50%
Convertible Preferred Stock, Series A [Member]                      
Preferred Stock, Par or Stated Value Per Share | $ / shares   $ 100 $ 100                
Selling, General and Administrative Expenses [Member]                      
Business Combination, Acquisition Related Costs               $ 11,000      
Patents Trademarks Trade Names Customer Lists and Other [Member]                      
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life               10 years      
Optical Communications [Member]                      
Goodwill       439,000     645,000 $ 439,000 238,000    
Business Combination, Consideration Transferred             356,000        
Five Acquisitions [Member]                      
Goodwill [1]       300,000       300,000      
Business Combination, Consideration Transferred               725,000      
Five Acquisitions [Member] | Optical Communications [Member]                      
Goodwill       213,000       213,000      
Five Acquisitions [Member] | All Other [Member]                      
Goodwill       87,000       87,000      
Samsung Corning Precision Materials Co., Ltd. [Member]                      
Business Combination, Acquisition Related Costs                 93,000    
Preferred Stock, Shares Issued | shares   2,300 2,300                
Stock Issued During Period, Value, Acquisitions   $ 2,300,000                  
Business Combination, Contingent Consideration, Asset $ 458,000 196,000 $ 196,000 $ 246,000     289,000 246,000 $ 196,000    
Business Combination Contingent Consideration Assets Assignment Agreement Threshold (300,000)                    
Equity Method Investment, Ownership Percentage                 57.50%    
Business Combination, Consideration Transferred, Equity Interests Issued and Issuable                 $ 1,911,000    
Business Combination, Net Fair Value of Consideration, Including Subsequent Acquisition     4,000,000           4,038,000    
Fair Value of Reacquired Right   0 $ 0                
Contractual Royalty Rate     3.00%                
Current Market Rate of Royalty Contract     12.00%                
Settlement of Preexisting Customer Relationship Including Subsequent Acquisition     $ 320,000           320,000    
Percentage of Loss on Effective Settlement of Contract     100.00%                
Settlement of Preexisting Customer Relationship Before Subsequent Acquisition     $ 184,000           184,000    
Business Combination, Net Fair Value of Consideration, Before Subsequent Acquisition     2,300,000           2,323,000 [2]    
Business Combination, Step Acquisition, Equity Interest in Acquiree, Fair Value     2,100,000           2,139,000    
Settlement of Preexisting Customer Relationship     136,000           136,000    
Business Combination, Consideration Transferred     1,600,000           1,900,000    
Proceeds from Equity Method Investment, Dividends or Distributions     1,600,000           1,574,000    
Cash Dividends Paid by Consolidated Subsidiaries     2,800,000                
Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Consideration Transferred                 60,000    
Business Combination, Increase in Net Sales From Consolidation of the Acquiree             $ 1,317,000 $ 1,343,000 $ 1,761,000    
Samsung Corning Precision Materials Co., Ltd. [Member] | Revenues Generated by Samsung Corning Precision Materials [Member]                      
Business Combination, Contingent Consideration Arrangements, Range of Outcomes, Value, High   665,000 665,000                
Samsung Corning Precision Materials Co., Ltd. [Member] | Volum of Certain Sales [Member]                      
Business Combination, Contingent Consideration Arrangements, Range of Outcomes, Value, High   $ 100,000 $ 100,000                
Samsung Corning Precision Materials Co., Ltd. [Member] | Samsung Displays Obligation to Pay or Right to Received [Member]                      
Business Combination, Contingent Consideration, Asset 246,000                    
Samsung Corning Precision Materials Co., Ltd. [Member] | Long Term Supply Agreements [Member]                      
Business Combination, Contingent Consideration, Asset $ 212,000                    
Samsung Corning Precision Materials Co., Ltd. [Member] | Convertible Preferred Stock, Series A [Member]                      
Preferred Stock, Par or Stated Value Per Share | $ / shares   $ 100 $ 100                
Share Price | $ / shares   $ 1,000,000 $ 1,000,000                
Stock Issued During Period, Shares, Acquisitions | shares   2,300 1,900     1,900          
Stock Issued During Period, Value, Acquisitions     $ 1,900,000                
Business Combination, Consideration Transferred, Equity Interests Issued and Issuable     $ 1,900,000                
Samsung Corning Precision Materials Co., Ltd. [Member] | Convertible Preferred Stock, Series A [Member] | Additional Amount Issued at Closing [Member]                      
Stock Issued During Period, Shares, New Issues | shares     400     400          
[1] The goodwill recognized is partially deductible for U.S. income tax purposes. The goodwill was allocated to the Optical Communications and All Other reporting segment in the amount of $213 million and $87 million, respectively.
[2] As Corning was a 57.5% shareholder at the date of acquisition, immediately preceding the acquisition of Samsung Corning Precision Materials, Corning recognized an asset and respective gain as part of the calculation of its previously held equity investment which included approximately $184 million attributed to its economic interest in the royalty contract.