XML 58 R44.htm IDEA: XBRL DOCUMENT v3.8.0.1
Summary of Significant Accounting Policies - Additional Information (Detail)
$ / shares in Units, $ in Thousands
3 Months Ended 12 Months Ended
May 03, 2017
Dec. 31, 2017
USD ($)
plan
$ / shares
shares
Sep. 30, 2017
USD ($)
$ / shares
[1]
Jun. 30, 2017
USD ($)
$ / shares
[1]
Mar. 31, 2017
USD ($)
$ / shares
[1]
Dec. 31, 2016
USD ($)
$ / shares
Sep. 30, 2016
USD ($)
$ / shares
[2]
Jun. 30, 2016
USD ($)
$ / shares
[2]
Mar. 31, 2016
USD ($)
$ / shares
[2]
Dec. 31, 2017
USD ($)
plan
$ / shares
shares
Dec. 31, 2016
USD ($)
$ / shares
Dec. 31, 2015
USD ($)
$ / shares
Summary Of Significant Accounting Policies [Line Items]                        
Stock split ratio (in shares) 2                 2,000 2 2
Number of stock-based compensation plans | plan   1               1    
Operating Income (Loss)                   $ 356,990 $ 299,730 $ 319,812
Net income   $ 146,119 [1] $ 72,382 $ 27,926 $ 23,232 $ 23,694 [2] $ 69,770 $ 33,315 $ 26,572 $ 269,659 $ 153,351 $ 172,413
Earnings Per Share, Diluted | $ / shares   $ 1.31 [1],[3] $ 0.65 [3] $ 0.25 [3] $ 0.21 [3] $ 0.20 [2],[3] $ 0.57 [3] $ 0.27 [3] $ 0.22 [3] $ 2.42 [4] $ 1.27 [4] $ 1.41 [4]
Other assets, net   $ 275,113       $ 244,764       $ 275,113 $ 244,764  
Accrued liabilities   (123,602)       (93,625)       (123,602) (93,625)  
Other liabilities   $ (220,211)       $ (175,274)       (220,211) $ (175,274)  
Reclassification from other comprehensive loss to retained earnings resulting from Tax Cuts and Jobs Act                   $ 22,100    
Building                        
Summary Of Significant Accounting Policies [Line Items]                        
Property, plant and equipment, estimated useful life (in years)                   35 years    
Machinery and Equipment [Member] | Minimum [Member]                        
Summary Of Significant Accounting Policies [Line Items]                        
Property, plant and equipment, estimated useful life (in years)                   3 years    
Machinery and Equipment [Member] | Maximum [Member]                        
Summary Of Significant Accounting Policies [Line Items]                        
Property, plant and equipment, estimated useful life (in years)                   20 years    
Customer Relationships [Member]                        
Summary Of Significant Accounting Policies [Line Items]                        
Finite-Lived Intangible Asset, Useful Life                   20 years    
Other Intangible Assets [Member]                        
Summary Of Significant Accounting Policies [Line Items]                        
Finite-Lived Intangible Asset, Useful Life                   8 years    
Restricted stock units                        
Summary Of Significant Accounting Policies [Line Items]                        
Number of common shares issuable per restricted stock unit (in shares) | shares   1               1    
[1] The first, second, third and fourth quarters of 2017 include rationalization charges of $0.9 million, $3.0 million, $0.6 million and $1.3 million, respectively. The first, second, third and fourth quarters of 2017 includes costs attributed to announced acquisitions of $13.2 million, $9.8 million, $0.8 million and $0.9 million, respectively. The first and second quarters of 2017 include a loss on early extinguishment of debt of $2.7 million and $4.4 million, respectively. The fourth quarter of 2017 includes the benefit from effective tax rate adjustments totaling $110.9 million primarily related to the remeasurement of net deferred tax liabilities to reflect the lower future cash tax obligations as a result of the reduction in the federal corporate tax rate under the 2017 Tax Act.
[2] The first, second, third and fourth quarters of 2016 include rationalization charges of $1.1 million, $5.0 million, $7.8 million and $5.1 million, respectively. The fourth quarter of 2016 includes costs attributed to announced acquisitions of $1.4 million.
[3] Net income per share data is computed independently for each of the periods presented. Accordingly, the sum of the quarterly earnings per share amounts may not equal the total for the year.
[4] Per share amounts for 2016 and 2015 have been retroactively adjusted for the two-for-one stock split discussed in Note 1.