XML 49 R30.htm IDEA: XBRL DOCUMENT v3.6.0.2
Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2016
Accounting Policies  
Changes in the carrying amount of goodwill by geographic segment

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended December 31,2016

 

 

 

Gross Balance

 

Accumulated Impairment Losses

 

Net Goodwill

 

 

 

 

 

Acquired

 

Foreign

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance

 

During

 

Currency

 

Balance

 

Balance

 

Impairment

 

Balance

 

 

 

 

 

January 1,

 

the

 

Translation

 

December 31,

 

January 1,

 

Loss During

 

December 31,

 

December 31,

 

 

    

2016

    

Period (1)

    

and Other

    

2016

    

2016

    

the Period

    

2016

    

2016

 

 

 

(in millions)

 

Americas

 

$

391.2

 

 

43.3

 

 

0.2

 

 

434.7

 

$

(24.5)

 

 

 

 

(24.5)

 

 

410.2

 

EMEA

 

 

238.6

 

 

 

 

(3.7)

 

 

234.9

 

 

(129.7)

 

 

 —

 

 

(129.7)

 

 

105.2

 

Asia - Pacific

 

 

26.3

 

 

3.7

 

 

0.2

 

 

30.2

 

 

(12.9)

 

 

 

 

(12.9)

 

 

17.3

 

Total

 

$

656.1

 

 

47.0

 

 

(3.3)

 

 

699.8

 

$

(167.1)

 

 

 —

 

 

(167.1)

 

 

532.7

 

 

(1)

Americas goodwill additions during 2016 include $4.2 million of goodwill resulting from an insignificant acquisition.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended December 31,2015

 

 

 

Gross Balance

 

Accumulated Impairment Losses

 

Net Goodwill

 

 

 

 

 

Acquired

 

Foreign

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance

 

During

 

Currency

 

Balance

 

Balance

 

Impairment

 

Balance

 

 

 

 

 

January 1,

 

the

 

Translation

 

December 31,

 

January 1,

 

Loss During

 

December 31,

 

December 31,

 

 

    

2015

    

Period

    

and Other

    

2015

    

2015

    

the Period

    

2015

    

2015

 

 

 

(in millions)

 

Americas

 

$

398.0

 

 

 

 

(6.8)

 

 

391.2

 

$

(24.5)

 

 

 —

 

 

(24.5)

 

 

366.7

 

EMEA

 

 

265.5

 

 

 

 

(26.9)

 

 

238.6

 

 

 —

 

 

(129.7)

 

 

(129.7)

 

 

108.9

 

Asia - Pacific

 

 

12.9

 

 

12.9

 

 

0.5

 

 

26.3

 

 

(12.9)

 

 

 

 

(12.9)

 

 

13.4

 

Total

 

$

676.4

 

 

12.9

 

 

(33.2)

 

 

656.1

 

$

(37.4)

 

 

(129.7)

 

 

(167.1)

 

 

489.0

 

 

Schedule of Intangible assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31,

 

 

 

2016

 

2015

 

 

 

Gross

 

 

 

 

Net

 

Gross

 

 

 

 

Net

 

 

 

Carrying

 

Accumulated

 

Carrying

 

Carrying

 

Accumulated

 

Carrying

 

 

    

Amount

    

Amortization

    

Amount

    

Amount

    

Amortization

    

Amount

 

 

 

(in millions)

 

Patents

 

$

16.1

 

$

(14.9)

 

$

1.2

 

$

16.1

 

$

(14.1)

 

$

2.0

 

Customer relationships

 

 

231.5

 

 

(117.3)

 

 

114.2

 

 

212.5

 

 

(102.1)

 

 

110.4

 

Technology

 

 

53.1

 

 

(19.2)

 

 

33.9

 

 

41.3

 

 

(16.1)

 

 

25.2

 

Trade names

 

 

25.1

 

 

(8.1)

 

 

17.0

 

 

21.9

 

 

(6.4)

 

 

15.5

 

Other

 

 

6.8

 

 

(5.9)

 

 

0.9

 

 

9.4

 

 

(5.9)

 

 

3.5

 

Total amortizable intangibles

 

 

332.6

 

 

(165.4)

 

 

167.2

 

 

301.2

 

 

(144.6)

 

 

156.6

 

Indefinite-lived intangible assets

 

 

35.3

 

 

 —

 

 

35.3

 

 

36.2

 

 

 

 

36.2

 

 

 

$

367.9

 

$

(165.4)

 

$

202.5

 

$

337.4

 

$

(144.6)

 

$

192.8

 

 

Reconciliation of the beginning and ending amount of unrecognized tax benefits

 

 

 

 

 

 

    

(in millions)

 

Balance at January 1, 2016

 

$

4.2

 

Increases related to prior year tax positions

 

 

1.1

 

Decreases related to statute expirations

 

 

(0.1)

 

Settlements

 

 

(0.2)

 

Currency movement

 

 

0.1

 

Balance at December 31, 2016

 

$

5.1

 

 

Reconciliation of net (loss) income and number of shares used to compute net (loss) income per share, basic and assuming full dilution

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended December 31,

 

 

 

2016

 

2015

 

2014

 

 

 

 

 

 

 

 

Per

 

 

 

 

 

 

Per

 

 

 

 

 

 

Per

 

 

 

Net

 

 

 

Share

 

Net

 

 

 

Share

 

Net

 

 

 

Share

 

 

    

Income

    

Shares

    

Amount

    

Loss

    

Shares

    

Amount

    

Income

    

Shares

    

Amount

 

 

 

(Amounts in millions, except per share information)

 

Basic EPS

 

$

84.2

 

34.4

 

$

2.45

 

$

(112.9)

 

34.9

 

$

(3.24)

 

$

50.3

 

35.3

 

$

1.42

 

Dilutive securities, principally common stock options

 

 

 

0.1

 

 

(0.01)

 

 

 

 —

 

 

 

 

 

0.1

 

 

 

Diluted EPS

 

$

84.2

 

34.5

 

$

2.44

 

$

(112.9)

 

34.9

 

$

(3.24)

 

$

50.3

 

35.4

 

$

1.42