10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0000008858-14-000019 |
| Period End Date | 20140930 |
| Filing Date | 20141024 |
| Fiscal Year | 2015 |
| Fiscal Period | Q1 |
| XBRL Instance | avt-20140927.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
62 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Allowance for Doubtful Accounts Receivable, Current |
AllowanceForDoubtfulAccountsReceivableCurrent
|
$94.19M | USD | Point-in-time |
| Allowance for Doubtful Accounts Receivable, Current |
AllowanceForDoubtfulAccountsReceivableCurrent
|
$96.38M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$814.37M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$865.61M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$928.97M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$1.01B | USD | Point-in-time |
| Receivables, less allowances of $94,185 and $96,382, respectively |
AccountsReceivableNetCurrent
|
$5.22B | USD | Point-in-time |
| Receivables, less allowances of $94,185 and $96,382, respectively |
AccountsReceivableNetCurrent
|
$5.06B | USD | Point-in-time |
| Common Stock, Par Value |
CommonStockParOrStatedValuePerShare
|
$1.00 | USD | Point-in-time |
| Common Stock, Par Value |
CommonStockParOrStatedValuePerShare
|
$1.00 | USD | Point-in-time |
| Inventories |
InventoryNet
|
$2.61B | USD | Point-in-time |
| Common Stock, Shares Authorized |
CommonStockSharesAuthorized
|
300.00M | shares | Point-in-time |
| Common Stock, Shares Authorized |
CommonStockSharesAuthorized
|
300.00M | shares | Point-in-time |
| Inventories |
InventoryNet
|
$2.71B | USD | Point-in-time |
| Prepaid and other current assets |
OtherAssetsCurrent
|
$181.77M | USD | Point-in-time |
| Common Stock, Shares, Issued |
CommonStockSharesIssued
|
138.12M | shares | Point-in-time |
| Common Stock, Shares, Issued |
CommonStockSharesIssued
|
138.29M | shares | Point-in-time |
| Prepaid and other current assets |
OtherAssetsCurrent
|
$191.34M | USD | Point-in-time |
| Treasury Stock, Shares |
TreasuryStockShares
|
35,367.00 | shares | Point-in-time |
| Total current assets |
AssetsCurrent
|
$8.76B | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$8.95B | USD | Point-in-time |
| Treasury Stock, Shares |
TreasuryStockShares
|
36,836.00 | shares | Point-in-time |
| Property, plant and equipment, net |
PropertyPlantAndEquipmentNet
|
$529.29M | USD | Point-in-time |
| Property, plant and equipment, net |
PropertyPlantAndEquipmentNet
|
$535.00M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$1.32B | USD | Point-in-time |
| Goodwill |
Goodwill
|
$1.35B | USD | Point-in-time |
| Intangible assets, net |
IntangibleAssetsNetExcludingGoodwill
|
$167.26M | USD | Point-in-time |
| Intangible assets, net |
IntangibleAssetsNetExcludingGoodwill
|
$184.31M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$233.54M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$207.59M | USD | Point-in-time |
| Total assets |
Assets
|
$11.26B | USD | Point-in-time |
| Total assets |
Assets
|
$10.99B | USD | Point-in-time |
| Short-term debt |
ShortTermBorrowings
|
$463.25M | USD | Point-in-time |
| Short-term debt |
ShortTermBorrowings
|
$865.09M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$3.40B | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$3.30B | USD | Point-in-time |
| Accrued expenses and other |
AccruedLiabilitiesCurrent
|
$711.37M | USD | Point-in-time |
| Accrued expenses and other |
AccruedLiabilitiesCurrent
|
$638.46M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$4.98B | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$4.40B | USD | Point-in-time |
| Long-term debt |
LongTermDebtNoncurrent
|
$1.21B | USD | Point-in-time |
| Long-term debt |
LongTermDebtNoncurrent
|
$1.63B | USD | Point-in-time |
| Other liabilities |
OtherLiabilitiesNoncurrent
|
$164.12M | USD | Point-in-time |
| Other liabilities |
OtherLiabilitiesNoncurrent
|
$172.68M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$6.19B | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$6.37B | USD | Point-in-time |
| Commitments and contingencies (Note 6) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Commitments and contingencies (Note 6) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Common stock $1.00 par; authorized 300,000,000 shares; issued 138,121,377 shares and 138,285,825 shares, respectively |
CommonStockValue
|
$138.29M | USD | Point-in-time |
| Common stock $1.00 par; authorized 300,000,000 shares; issued 138,121,377 shares and 138,285,825 shares, respectively |
CommonStockValue
|
$138.12M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$1.36B | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$1.38B | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$3.35B | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$3.26B | USD | Point-in-time |
| Accumulated other comprehensive (loss) income |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$139.51M | USD | Point-in-time |
| Accumulated other comprehensive (loss) income |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-64.44M | USD | Point-in-time |
| Treasury stock at cost, 35,367 shares and 36,836 shares, respectively |
TreasuryStockValue
|
$675.00K | USD | Point-in-time |
| Treasury stock at cost, 35,367 shares and 36,836 shares, respectively |
TreasuryStockValue
|
$610.00K | USD | Point-in-time |
| Total shareholders equity |
StockholdersEquity
|
$4.79B | USD | Point-in-time |
| Total shareholders equity |
StockholdersEquity
|
$4.89B | USD | Point-in-time |
| Total liabilities and shareholders equity |
LiabilitiesAndStockholdersEquity
|
$10.99B | USD | Point-in-time |
| Total liabilities and shareholders equity |
LiabilitiesAndStockholdersEquity
|
$11.26B | USD | Point-in-time |
Income Statement
35 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Sales |
SalesRevenueNet
|
$6.35B | USD | 1 Quarter |
| Sales |
SalesRevenueNet
|
$6.84B | USD | 1 Quarter |
| Cost of sales |
CostOfRevenue
|
$6.04B | USD | 1 Quarter |
| Cost of sales |
CostOfRevenue
|
$5.61B | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$735.17M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$795.46M | USD | 1 Quarter |
| Selling, general and administrative expenses |
SellingGeneralAndAdministrativeExpense
|
$583.95M | USD | 1 Quarter |
| Selling, general and administrative expenses |
SellingGeneralAndAdministrativeExpense
|
$544.08M | USD | 1 Quarter |
| Restructuring, integration and other expenses (Note 13) |
RestructuringIntegrationAndOtherCharges
|
$12.10M | USD | 1 Quarter |
| Restructuring, integration and other expenses (Note 13) |
RestructuringIntegrationAndOtherCharges
|
$18.32M | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$193.20M | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$178.99M | USD | 1 Quarter |
| Other income (expense), net |
OtherNonoperatingIncomeExpense
|
$-1.49M | USD | 1 Quarter |
| Other income (expense), net |
OtherNonoperatingIncomeExpense
|
$795.00K | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$23.40M | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$26.98M | USD | 1 Quarter |
| Gain on legal settlement (Note 6) |
GainLossRelatedToLitigationSettlement
|
$3.00M | USD | 1 Quarter |
| Gain on legal settlement (Note 6) |
GainLossRelatedToLitigationSettlement
|
$19.14M | USD | 1 Quarter |
| Gain on legal settlement (Note 6) |
GainLossRelatedToLitigationSettlement
|
- | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$171.94M | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$168.30M | USD | 1 Quarter |
| Income tax expense |
IncomeTaxExpenseBenefit
|
$40.36M | USD | 1 Quarter |
| Income tax expense |
IncomeTaxExpenseBenefit
|
$51.32M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$127.95M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$120.62M | USD | 1 Quarter |
| Basic |
EarningsPerShareBasic
|
$0.88 | USD | 1 Quarter |
| Basic |
EarningsPerShareBasic
|
$0.93 | USD | 1 Quarter |
| Diluted |
EarningsPerShareDiluted
|
$0.86 | USD | 1 Quarter |
| Diluted |
EarningsPerShareDiluted
|
$0.91 | USD | 1 Quarter |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
137.41M | shares | 1 Quarter |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
138.31M | shares | 1 Quarter |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
140.85M | shares | 1 Quarter |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
139.72M | shares | 1 Quarter |
| Cash dividends paid per common share |
CommonStockDividendsPerShareCashPaid
|
$0.15 | USD | 1 Quarter |
| Cash dividends paid per common share |
CommonStockDividendsPerShareCashPaid
|
$0.16 | USD | 1 Quarter |
Cash Flow Statement
54 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
NetIncomeLoss
|
$127.95M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$120.62M | USD | 1 Quarter |
| Depreciation |
DepreciationDepletionAndAmortization
|
$23.13M | USD | 1 Quarter |
| Depreciation |
DepreciationDepletionAndAmortization
|
$20.90M | USD | 1 Quarter |
| Amortization |
AmortizationOfIntangibleAssets
|
$8.39M | USD | 1 Quarter |
| Amortization |
AmortizationOfIntangibleAssets
|
$11.56M | USD | 1 Quarter |
| Deferred income taxes |
DeferredIncomeTaxExpenseBenefit
|
$10.29M | USD | 1 Quarter |
| Deferred income taxes |
DeferredIncomeTaxExpenseBenefit
|
$9.54M | USD | 1 Quarter |
| Stock-based compensation |
ShareBasedCompensation
|
$18.73M | USD | 1 Quarter |
| Stock-based compensation |
ShareBasedCompensation
|
$21.70M | USD | 1 Quarter |
| Other, net |
OtherNoncashIncomeExpense
|
$-23.84M | USD | 1 Quarter |
| Other, net |
OtherNoncashIncomeExpense
|
$-17.71M | USD | 1 Quarter |
| Receivables |
IncreaseDecreaseInAccountsReceivable
|
$-89.72M | USD | 1 Quarter |
| Receivables |
IncreaseDecreaseInAccountsReceivable
|
$-41.52M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$165.85M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$220.16M | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayableTrade
|
$-128.04M | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayableTrade
|
$-28.84M | USD | 1 Quarter |
| Accrued expenses and other, net |
IncreaseDecreaseInAccruedLiabilities
|
$-99.83M | USD | 1 Quarter |
| Accrued expenses and other, net |
IncreaseDecreaseInAccruedLiabilities
|
$-69.73M | USD | 1 Quarter |
| Net cash flows used for operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-40.66M | USD | 1 Quarter |
| Net cash flows used for operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-126.19M | USD | 1 Quarter |
| Borrowings (repayments) under accounts receivable securitization program, net |
ProceedsFromRepaymentsOfAccountsReceivableSecuritization
|
$-32.00M | USD | 1 Quarter |
| Borrowings (repayments) under accounts receivable securitization program, net |
ProceedsFromRepaymentsOfAccountsReceivableSecuritization
|
$60.00M | USD | 1 Quarter |
| (Repayments) borrowings of bank and other debt, net |
ProceedsFromRepaymentsOfDebt
|
$-41.95M | USD | 1 Quarter |
| (Repayments) borrowings of bank and other debt, net |
ProceedsFromRepaymentsOfDebt
|
$67.77M | USD | 1 Quarter |
| Repurchases of common stock (Note 9) |
PaymentsForRepurchaseOfCommonStock
|
- | USD | 1 Quarter |
| Repurchases of common stock (Note 9) |
PaymentsForRepurchaseOfCommonStock
|
$12.26M | USD | 1 Quarter |
| Dividends paid on common stock |
PaymentsOfDividendsCommonStock
|
$22.12M | USD | 1 Quarter |
| Dividends paid on common stock |
PaymentsOfDividendsCommonStock
|
$20.62M | USD | 1 Quarter |
| Other, net |
ProceedsFromPaymentsForOtherFinancingActivities
|
$3.87M | USD | 1 Quarter |
| Other, net |
ProceedsFromPaymentsForOtherFinancingActivities
|
$-2.05M | USD | 1 Quarter |
| Net cash flows (used) provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$19.02M | USD | 1 Quarter |
| Net cash flows (used) provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-18.39M | USD | 1 Quarter |
| Purchases of property, plant and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$27.38M | USD | 1 Quarter |
| Purchases of property, plant and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$36.58M | USD | 1 Quarter |
| Acquisitions of businesses, net of cash acquired (Note 2) |
PaymentsToAcquireBusinessesNetOfCashAcquired
|
- | USD | 1 Quarter |
| Acquisitions of businesses, net of cash acquired (Note 2) |
PaymentsToAcquireBusinessesNetOfCashAcquired
|
$20.95M | USD | 1 Quarter |
| Other, net |
PaymentsForProceedsFromOtherInvestingActivities
|
$-1.66M | USD | 1 Quarter |
| Other, net |
PaymentsForProceedsFromOtherInvestingActivities
|
$-2.16M | USD | 1 Quarter |
| Net cash flows used for investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-46.67M | USD | 1 Quarter |
| Net cash flows used for investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-34.42M | USD | 1 Quarter |
| Effect of exchange rate changes on cash and cash equivalents |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$10.11M | USD | 1 Quarter |
| Effect of exchange rate changes on cash and cash equivalents |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$-21.13M | USD | 1 Quarter |
| (decrease) |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-114.60M | USD | 1 Quarter |
| (decrease) |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-143.73M | USD | 1 Quarter |
| at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$814.37M | USD | Point-in-time |
| at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$865.61M | USD | Point-in-time |
| at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$928.97M | USD | Point-in-time |
| at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$1.01B | USD | Point-in-time |
| at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$814.37M | USD | Point-in-time |
| at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$865.61M | USD | Point-in-time |
| at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$928.97M | USD | Point-in-time |
| at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$1.01B | USD | Point-in-time |
Comprehensive Income
8 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
NetIncomeLoss
|
$127.95M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$120.62M | USD | 1 Quarter |
| Foreign currency translation adjustments and other |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$-205.73M | USD | 1 Quarter |
| Foreign currency translation adjustments and other |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$92.01M | USD | 1 Quarter |
| Pension adjustments, net |
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
- | USD | 1 Quarter |
| Pension adjustments, net |
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
$-1.78M | USD | 1 Quarter |
| Total comprehensive (loss) income |
ComprehensiveIncomeNetOfTax
|
$-76.00M | USD | 1 Quarter |
| Total comprehensive (loss) income |
ComprehensiveIncomeNetOfTax
|
$212.64M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.