10-Q Filing

SBA COMMUNICATIONS CORP CIK: 1034054 Q2 2019

Filing Information

Form Type	10-Q
Accession Number	`0001034054-19-000008`
Period End Date	20190630
Filing Date	20190806
Fiscal Year	2019
Fiscal Period	Q2
XBRL Instance	sbac-20190630x10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 80 Income Statement 102 Cash Flow Statement 85 Stockholders Equity 45 Comprehensive Income 19

Balance Sheet 80 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	30.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	30.00M	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$101.84M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$143.44M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$22.59M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$32.46M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Common stock - Class A, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$111.03M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$117.48M	USD	Point-in-time
Common stock - Class A, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Costs and estimated earnings in excess of billings on uncompleted contracts	`CostsInExcessOfBillingsOnUncompletedContractsOrProgramsExpectedToBeCollectedWithinOneYear`	$23.79M	USD	Point-in-time
Common stock - Class A, shares authorized	`CommonStockSharesAuthorized`	400.00M	shares	Point-in-time
Costs and estimated earnings in excess of billings on uncompleted contracts	`CostsInExcessOfBillingsOnUncompletedContractsOrProgramsExpectedToBeCollectedWithinOneYear`	$25.57M	USD	Point-in-time
Common stock - Class A, shares authorized	`CommonStockSharesAuthorized`	400.00M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$63.13M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$48.25M	USD	Point-in-time
Common stock - Class A, shares issued	`CommonStockSharesIssued`	113.09M	shares	Point-in-time
Common stock - Class A, shares issued	`CommonStockSharesIssued`	112.43M	shares	Point-in-time
Common stock - Class A, shares outstanding	`CommonStockSharesOutstanding`	112.43M	shares	Point-in-time
Common stock - Class A, shares outstanding	`CommonStockSharesOutstanding`	113.09M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$315.73M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$373.85M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$2.79B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$2.76B	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$3.24B	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$3.33B	USD	Point-in-time
Right-of-use assets, net	`RightOfUseAsset`	$2.50B	USD	Point-in-time
Right-of-use assets, net	`RightOfUseAsset`	$2.60B	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$722.03M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$451.47M	USD	Point-in-time
Total assets	`Assets`	$9.27B	USD	Point-in-time
Total assets	`Assets`	$7.21B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$41.27M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$34.31M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$63.66M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$58.48M	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$943.16M	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$941.73M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$95.13M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$108.05M	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$49.23M	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$48.72M	USD	Point-in-time
Current lease liabilities	`LeaseLiabilityCurrent`	$226.00M	USD	Point-in-time
Current lease liabilities	`LeaseLiabilityCurrent`	$231.68M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$9.80M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$9.18M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.21B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.43B	USD	Point-in-time
Long-term debt, net	`LongTermDebtNoncurrent`	$9.00B	USD	Point-in-time
Long-term debt, net	`LongTermDebtNoncurrent`	$8.75B	USD	Point-in-time
Long-term lease liabilities	`LeaseLiabilityNoncurrent`	$2.30B	USD	Point-in-time
Long-term lease liabilities	`LeaseLiabilityNoncurrent`	$2.24B	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$195.65M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$387.43M	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$9.38B	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$11.18B	USD	Point-in-time
Preferred stock - par value $0.01, 30,000 shares authorized, no shares issued or outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock - par value $0.01, 30,000 shares authorized, no shares issued or outstanding	`PreferredStockValue`	-	USD	Point-in-time
Common stock - Class A, par value $0.01, 400,000 shares authorized, 113,090 shares and 112,433 shares issued and outstanding at June 30, 2019 and December 31, 2018, respectively	`CommonStockValue`	$1.13M	USD	Point-in-time
Common stock - Class A, par value $0.01, 400,000 shares authorized, 113,090 shares and 112,433 shares issued and outstanding at June 30, 2019 and December 31, 2018, respectively	`CommonStockValue`	$1.12M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$2.27B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$2.41B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-5.19B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-5.14B	USD	Point-in-time
Accumulated other comprehensive loss, net	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-554.92M	USD	Point-in-time
Accumulated other comprehensive loss, net	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-511.90M	USD	Point-in-time
Total shareholders' deficit	`StockholdersEquity`	$-2.60B	USD	Point-in-time
Total shareholders' deficit	`StockholdersEquity`	$-3.30B	USD	Point-in-time
Total shareholders' deficit	`StockholdersEquity`	$-3.34B	USD	Point-in-time
Total shareholders' deficit	`StockholdersEquity`	$-3.04B	USD	Point-in-time
Total shareholders' deficit	`StockholdersEquity`	$-2.59B	USD	Point-in-time
Total shareholders' deficit	`StockholdersEquity`	$-3.38B	USD	Point-in-time
Total liabilities and shareholders' deficit	`LiabilitiesAndStockholdersEquity`	$9.27B	USD	Point-in-time
Total liabilities and shareholders' deficit	`LiabilitiesAndStockholdersEquity`	$7.21B	USD	Point-in-time

Income Statement 102 line items

Line Item	Tag	Value	Unit	Period
Site leasing	`OperatingLeaseLeaseIncome`	$911.19M	USD	2 Qtrs
Site leasing	`OperatingLeaseLeaseIncome`	$860.43M	USD	2 Qtrs
Site leasing	`OperatingLeaseLeaseIncome`	$459.00M	USD	1 Quarter
Site leasing	`OperatingLeaseLeaseIncome`	$429.88M	USD	1 Quarter
Site development	`RevenueFromContractWithCustomerExcludingAssessedTax`	$26.44M	USD	1 Quarter
Site development	`RevenueFromContractWithCustomerExcludingAssessedTax`	$41.14M	USD	1 Quarter
Site development	`RevenueFromContractWithCustomerExcludingAssessedTax`	$82.25M	USD	2 Qtrs
Site development	`RevenueFromContractWithCustomerExcludingAssessedTax`	$54.20M	USD	2 Qtrs
Total revenues	`Revenues`	$500.15M	USD	1 Quarter
Total revenues	`Revenues`	$993.44M	USD	2 Qtrs
Total revenues	`Revenues`	$456.32M	USD	1 Quarter
Total revenues	`Revenues`	$914.62M	USD	2 Qtrs
Non-cash compensation expense	`ShareBasedCompensation`	$47.90M	USD	2 Qtrs
Non-cash compensation expense	`ShareBasedCompensation`	$21.71M	USD	2 Qtrs
Cost of site leasing	`CostOfGoodsSoldDirectOperatingLease`	$186.18M	USD	2 Qtrs
Cost of site leasing	`CostOfGoodsSoldDirectOperatingLease`	$186.51M	USD	2 Qtrs
Cost of site leasing	`CostOfGoodsSoldDirectOperatingLease`	$93.69M	USD	1 Quarter
Cost of site leasing	`CostOfGoodsSoldDirectOperatingLease`	$93.46M	USD	1 Quarter
Cost of site development	`CostOfGoodsAndServicesSold`	$20.73M	USD	1 Quarter
Cost of site development	`CostOfGoodsAndServicesSold`	$30.99M	USD	1 Quarter
Cost of site development	`CostOfGoodsAndServicesSold`	$43.25M	USD	2 Qtrs
Cost of site development	`CostOfGoodsAndServicesSold`	$62.09M	USD	2 Qtrs
Selling, general, and administrative	`SellingGeneralAndAdministrativeExpense`	$106.48M	USD	2 Qtrs
Selling, general, and administrative	`SellingGeneralAndAdministrativeExpense`	$55.52M	USD	1 Quarter
Selling, general, and administrative	`SellingGeneralAndAdministrativeExpense`	$35.94M	USD	1 Quarter
Selling, general, and administrative	`SellingGeneralAndAdministrativeExpense`	$71.99M	USD	2 Qtrs
Acquisition and new business initiatives related adjustments and expenses	`BusinessCombinationAcquisitionRelatedCostsAndAdjusments`	$4.98M	USD	2 Qtrs
Acquisition and new business initiatives related adjustments and expenses	`BusinessCombinationAcquisitionRelatedCostsAndAdjusments`	$2.54M	USD	1 Quarter
Acquisition and new business initiatives related adjustments and expenses	`BusinessCombinationAcquisitionRelatedCostsAndAdjusments`	$6.18M	USD	2 Qtrs
Acquisition and new business initiatives related adjustments and expenses	`BusinessCombinationAcquisitionRelatedCostsAndAdjusments`	$3.13M	USD	1 Quarter
Asset impairment and decommission costs	`AssetImpairmentAndDecommissionCosts`	$15.39M	USD	2 Qtrs
Asset impairment and decommission costs	`AssetImpairmentAndDecommissionCosts`	$15.91M	USD	2 Qtrs
Asset impairment and decommission costs	`AssetImpairmentAndDecommissionCosts`	$7.40M	USD	1 Quarter
Asset impairment and decommission costs	`AssetImpairmentAndDecommissionCosts`	$9.62M	USD	1 Quarter
Depreciation, accretion, and amortization	`DepreciationAmortizationAndAccretionNet`	$169.56M	USD	1 Quarter
Depreciation, accretion, and amortization	`DepreciationAmortizationAndAccretionNet`	$171.56M	USD	1 Quarter
Depreciation, accretion, and amortization	`DepreciationAmortizationAndAccretionNet`	$342.60M	USD	2 Qtrs
Depreciation, accretion, and amortization	`DepreciationAmortizationAndAccretionNet`	$334.96M	USD	2 Qtrs
Total operating expenses	`CostsAndExpenses`	$363.69M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$717.72M	USD	2 Qtrs
Total operating expenses	`CostsAndExpenses`	$658.79M	USD	2 Qtrs
Total operating expenses	`CostsAndExpenses`	$330.45M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$125.87M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$275.72M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$255.84M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$136.45M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$1.67M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$3.38M	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$1.58M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$2.97M	USD	2 Qtrs
Interest expense	`InvestmentIncomeInvestmentExpense`	$97.45M	USD	1 Quarter
Interest expense	`InvestmentIncomeInvestmentExpense`	$196.11M	USD	2 Qtrs
Interest expense	`InvestmentIncomeInvestmentExpense`	$182.56M	USD	2 Qtrs
Interest expense	`InvestmentIncomeInvestmentExpense`	$93.64M	USD	1 Quarter
Non-cash interest expense	`PaidInKindInterest`	$651.00K	USD	1 Quarter
Non-cash interest expense	`PaidInKindInterest`	$638.00K	USD	1 Quarter
Non-cash interest expense	`PaidInKindInterest`	$1.37M	USD	2 Qtrs
Non-cash interest expense	`PaidInKindInterest`	$1.29M	USD	2 Qtrs
Amortization of deferred financing fees	`AmortizationOfFinancingCosts`	$10.18M	USD	2 Qtrs
Amortization of deferred financing fees	`AmortizationOfFinancingCosts`	$4.90M	USD	1 Quarter
Amortization of deferred financing fees	`AmortizationOfFinancingCosts`	$5.12M	USD	1 Quarter
Amortization of deferred financing fees	`AmortizationOfFinancingCosts`	$10.29M	USD	2 Qtrs
Loss from extinguishment of debt, net	`GainLossOnExtinguishmentOfDebtIncludingInterestExpense`	$-13.80M	USD	1 Quarter
Loss from extinguishment of debt, net	`GainLossOnExtinguishmentOfDebtIncludingInterestExpense`	$-14.44M	USD	2 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$12.76M	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-85.66M	USD	2 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-90.21M	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$12.25M	USD	2 Qtrs
Total other expense, net	`NonoperatingIncomeExpense`	$-191.95M	USD	2 Qtrs
Total other expense, net	`NonoperatingIncomeExpense`	$-88.87M	USD	1 Quarter
Total other expense, net	`NonoperatingIncomeExpense`	$-291.35M	USD	2 Qtrs
Total other expense, net	`NonoperatingIncomeExpense`	$-201.51M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$83.78M	USD	2 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-75.64M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-35.51M	USD	2 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$47.58M	USD	1 Quarter
(Provision) benefit for income taxes	`IncomeTaxExpenseBenefit`	$25.82M	USD	2 Qtrs
(Provision) benefit for income taxes	`IncomeTaxExpenseBenefit`	$-9.67M	USD	2 Qtrs
(Provision) benefit for income taxes	`IncomeTaxExpenseBenefit`	$-18.25M	USD	1 Quarter
(Provision) benefit for income taxes	`IncomeTaxExpenseBenefit`	$15.61M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-25.85M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$31.97M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$57.96M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$25.99M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$31.55M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-57.39M	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$-0.22	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$-0.50	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.28	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.51	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.28	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$-0.50	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.51	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$-0.22	USD	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	113.20M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	112.96M	shares	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	115.78M	shares	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	115.06M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	115.78M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	114.94M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	115.06M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	114.64M	shares	2 Qtrs

Cash Flow Statement 85 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$-25.85M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$31.97M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$57.96M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$25.99M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$31.55M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-57.39M	USD	1 Quarter
Depreciation, accretion, and amortization	`DepreciationAmortizationAndAccretionNet`	$169.56M	USD	1 Quarter
Depreciation, accretion, and amortization	`DepreciationAmortizationAndAccretionNet`	$171.56M	USD	1 Quarter
Depreciation, accretion, and amortization	`DepreciationAmortizationAndAccretionNet`	$342.60M	USD	2 Qtrs
Depreciation, accretion, and amortization	`DepreciationAmortizationAndAccretionNet`	$334.96M	USD	2 Qtrs
Non-cash asset impairment and decommission costs	`NoncashAssetImpairmentAndDecommissionCosts`	$14.74M	USD	2 Qtrs
Non-cash asset impairment and decommission costs	`NoncashAssetImpairmentAndDecommissionCosts`	$15.68M	USD	2 Qtrs
Non-cash compensation expense	`ShareBasedCompensation`	$47.90M	USD	2 Qtrs
Non-cash compensation expense	`ShareBasedCompensation`	$21.71M	USD	2 Qtrs
Deferred income tax expense (benefit)	`DeferredIncomeTaxExpenseBenefit`	$14.82M	USD	2 Qtrs
Deferred income tax expense (benefit)	`DeferredIncomeTaxExpenseBenefit`	$-21.41M	USD	2 Qtrs
(Gain)/loss on remeasurement of U.S. dollar denominated intercompany loans	`ForeignCurrencyTransactionGainLossRealized`	$-87.28M	USD	2 Qtrs
(Gain)/loss on remeasurement of U.S. dollar denominated intercompany loans	`ForeignCurrencyTransactionGainLossRealized`	$7.01M	USD	2 Qtrs
Other non-cash items reflected in the Statements of Operations	`OtherNoncashIncomeExpense`	$-6.60M	USD	2 Qtrs
Other non-cash items reflected in the Statements of Operations	`OtherNoncashIncomeExpense`	$-24.95M	USD	2 Qtrs
AR and costs and est. earnings in excess of billings on uncompleted contracts, net	`IncreaseDecreaseInAccountsAndOtherReceivables`	$-2.83M	USD	2 Qtrs
AR and costs and est. earnings in excess of billings on uncompleted contracts, net	`IncreaseDecreaseInAccountsAndOtherReceivables`	$4.55M	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-3.92M	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$15.60M	USD	2 Qtrs
Operating lease right-of-use assets, net	`IncreaseDecreaseInOperatingLeaseRightOfUseAsset`	$47.24M	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$1.85M	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-7.89M	USD	2 Qtrs
Accrued interest	`IncreaseDecreaseInAccruedInterestReceivableNet`	$-513.00K	USD	2 Qtrs
Accrued interest	`IncreaseDecreaseInAccruedInterestReceivableNet`	$-765.00K	USD	2 Qtrs
Long-term lease liabilities	`IncreaseDecreaseInLongTermLeaseLiability`	$-41.73M	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-18.75M	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$7.65M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$425.06M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$466.11M	USD	2 Qtrs
Acquisitions	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$285.36M	USD	2 Qtrs
Acquisitions	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$167.74M	USD	1 Quarter
Acquisitions	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$151.18M	USD	2 Qtrs
Acquisitions	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$95.89M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$72.78M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$68.61M	USD	2 Qtrs
Purchase of investments	`PaymentsToAcquireInvestments`	$285.60M	USD	2 Qtrs
Purchase of investments	`PaymentsToAcquireInvestments`	$4.79M	USD	2 Qtrs
Proceeds from sale of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$255.56M	USD	2 Qtrs
Other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$1.47M	USD	2 Qtrs
Other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$11.39M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-255.47M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-370.15M	USD	2 Qtrs
Borrowings under Revolving Credit Facility	`ProceedsFromLongTermLinesOfCredit`	$90.00M	USD	2 Qtrs
Borrowings under Revolving Credit Facility	`ProceedsFromLongTermLinesOfCredit`	$545.00M	USD	2 Qtrs
Repayments under Revolving Credit Facility	`RepaymentsOfLongTermLinesOfCredit`	$335.00M	USD	2 Qtrs
Repayments under Revolving Credit Facility	`RepaymentsOfLongTermLinesOfCredit`	$500.00M	USD	2 Qtrs
Repayment of Tower Securities	`RepaymentsOfSecuredDebt`	$755.00M	USD	2 Qtrs
Proceeds from issuance of Tower Securities, net of fees	`ProceedsFromIssuanceOfSecuredDebt`	$631.49M	USD	2 Qtrs
Repurchase and retirement of common stock	`PaymentsForRepurchaseOfCommonStock`	$345.52M	USD	2 Qtrs
Repurchase and retirement of common stock	`PaymentsForRepurchaseOfCommonStock`	$94.57M	USD	2 Qtrs
Proceeds from employee stock purchase/stock option plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$87.92M	USD	2 Qtrs
Proceeds from employee stock purchase/stock option plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$12.31M	USD	2 Qtrs
Repayment of Term Loans	`RepaymentsOfOtherLongTermDebt`	$12.00M	USD	2 Qtrs
Repayment of Term Loans	`RepaymentsOfOtherLongTermDebt`	$1.94B	USD	2 Qtrs
Proceeds from Term Loans, net of fees	`ProceedsFromIssuanceOfOtherLongTermDebt`	$2.38B	USD	2 Qtrs
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-812.00K	USD	2 Qtrs
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-3.82M	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$26.72M	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-264.46M	USD	2 Qtrs
Effect of exchange rate changes on cash, cash equivalents, and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-9.55M	USD	2 Qtrs
Effect of exchange rate changes on cash, cash equivalents, and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.34M	USD	2 Qtrs
NET CHANGE IN CASH, CASH EQUIVALENTS, AND RESTRICTED CASH	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-51.49M	USD	2 Qtrs
NET CHANGE IN CASH, CASH EQUIVALENTS, AND RESTRICTED CASH	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$72.07M	USD	2 Qtrs
Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$176.36M	USD	Point-in-time
Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$104.30M	USD	Point-in-time
Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$178.30M	USD	Point-in-time
Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$126.81M	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$176.36M	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$104.30M	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$178.30M	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$126.81M	USD	Point-in-time
Interest	`InterestPaidNet`	$182.01M	USD	2 Qtrs
Interest	`InterestPaidNet`	$195.67M	USD	2 Qtrs
Income taxes	`IncomeTaxesPaid`	$11.29M	USD	2 Qtrs
Income taxes	`IncomeTaxesPaid`	$11.78M	USD	2 Qtrs
Right-of-use assets obtained in exchange for new operating lease liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$27.23M	USD	2 Qtrs
Operating lease modifications and reassessments	`OperatingLeaseModificationsAndReassessments`	$52.64M	USD	2 Qtrs
Right-of-use assets obtained in exchange for new finance lease liabilities	`RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability`	$905.00K	USD	2 Qtrs
Right-of-use assets obtained in exchange for new finance lease liabilities	`RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability`	$1.68M	USD	2 Qtrs
Common stock issued in connection with acquisitions	`NoncashOrPartNoncashAcquisitionNoncashFinancialOrEquityInstrumentConsiderationSharesIssued1`	1.68M	shares	2 Qtrs

Stockholders Equity 45 line items

Line Item	Tag	Value	Unit	Period
BALANCE	`StockholdersEquity`	$-2.60B	USD	Point-in-time
BALANCE	`StockholdersEquity`	$-3.30B	USD	Point-in-time
BALANCE	`StockholdersEquity`	$-3.34B	USD	Point-in-time
BALANCE	`StockholdersEquity`	$-3.04B	USD	Point-in-time
BALANCE	`StockholdersEquity`	$-2.59B	USD	Point-in-time
BALANCE	`StockholdersEquity`	$-3.38B	USD	Point-in-time
BALANCE, Shares	`CommonStockSharesOutstanding`	112.43M	shares	Point-in-time
BALANCE, Shares	`CommonStockSharesOutstanding`	113.09M	shares	Point-in-time
Net income (loss)	`NetIncomeLoss`	$-25.85M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$31.97M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$57.96M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$25.99M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$31.55M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-57.39M	USD	1 Quarter
Common stock issued in connection with stock purchase/option plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$63.48M	USD	1 Quarter
Common stock issued in connection with stock purchase/option plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$24.45M	USD	1 Quarter
Common stock issued in connection with stock purchase/option plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$20.79M	USD	1 Quarter
Common stock issued in connection with stock purchase/option plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$6.89M	USD	1 Quarter
Non-cash stock compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$23.72M	USD	1 Quarter
Non-cash stock compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$11.49M	USD	1 Quarter
Non-cash stock compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$10.64M	USD	1 Quarter
Non-cash stock compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$24.75M	USD	1 Quarter
Common stock issued in connection with acquisitions	`StockIssuedDuringPeriodValueAcquisitions`	$1.68M	USD	1 Quarter
Change in fair value of cash flow hedge	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-36.28M	USD	1 Quarter
Change in fair value of cash flow hedge	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-51.59M	USD	2 Qtrs
Change in fair value of cash flow hedge	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-15.31M	USD	1 Quarter
Repurchase and retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$38.55M	USD	1 Quarter
Repurchase and retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$306.98M	USD	1 Quarter
Repurchase and retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$94.57M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$13.12M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-121.46M	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-4.54M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$351.00K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$8.58M	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-121.81M	USD	1 Quarter
Impact of adoption of ASU 2016-02 related to leases	`CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption`	$-21.00M	USD	Point-in-time
Impact of adoption of ASU 2016-02 related to leases	`CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption`	$-20.97M	USD	Point-in-time
BALANCE	`StockholdersEquity`	$-2.60B	USD	Point-in-time
BALANCE	`StockholdersEquity`	$-3.30B	USD	Point-in-time
BALANCE	`StockholdersEquity`	$-3.34B	USD	Point-in-time
BALANCE	`StockholdersEquity`	$-3.04B	USD	Point-in-time
BALANCE	`StockholdersEquity`	$-2.59B	USD	Point-in-time
BALANCE	`StockholdersEquity`	$-3.38B	USD	Point-in-time
BALANCE, Shares	`CommonStockSharesOutstanding`	112.43M	shares	Point-in-time
BALANCE, Shares	`CommonStockSharesOutstanding`	113.09M	shares	Point-in-time

Comprehensive Income 19 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$-25.85M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$31.97M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$57.96M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$25.99M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$31.55M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-57.39M	USD	1 Quarter
Change in fair value of cash flow hedge	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-36.28M	USD	1 Quarter
Change in fair value of cash flow hedge	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-51.59M	USD	2 Qtrs
Change in fair value of cash flow hedge	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-15.31M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$13.12M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-121.46M	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-4.54M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$351.00K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$8.58M	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-121.81M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-179.20M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-147.31M	USD	2 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$14.95M	USD	2 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$8.81M	USD	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.