◆ Market Data --:--
Commodities
Loading...
📈 Yields & Rates
Loading...
💱 FX Rates
Loading...
📈 Market Pulse
Loading...
🏛 Congress Trades
Loading...
👤 Insider Trades
Loading...
Customize Items

10-Q Filing

AVNET INC CIK: 8858 Q1 2020
Filing Information
Form Type 10-Q
Accession Number 0000008858-19-000044
Period End Date 20190930
Filing Date 20191025
Fiscal Year 2020
Fiscal Period Q1
XBRL Instance avt-20190928x10q_htm.xml
Balance Sheet 61 line items
Line Item Tag Value Unit Period
Allowance for doubtful accounts receivable, current (in dollars) AllowanceForDoubtfulAccountsReceivableCurrent $50.54M USD Point-in-time
Allowance for doubtful accounts receivable, current (in dollars) AllowanceForDoubtfulAccountsReceivableCurrent $53.50M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $664.11M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $546.11M USD Point-in-time
Common stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare $1.00 USD Point-in-time
Common stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare $1.00 USD Point-in-time
Receivables, less allowances of $50,541 and $53,499, respectively AccountsReceivableNetCurrent $3.17B USD Point-in-time
Receivables, less allowances of $50,541 and $53,499, respectively AccountsReceivableNetCurrent $3.13B USD Point-in-time
Common stock, shares authorized CommonStockSharesAuthorized 300.00M shares Point-in-time
Inventories InventoryNet $3.03B USD Point-in-time
Common stock, shares authorized CommonStockSharesAuthorized 300.00M shares Point-in-time
Inventories InventoryNet $3.01B USD Point-in-time
Common stock, shares, issued CommonStockSharesIssued 101.47M shares Point-in-time
Common stock, shares, issued CommonStockSharesIssued 104.04M shares Point-in-time
Prepaid and other current assets PrepaidExpenseAndOtherAssetsCurrent $169.47M USD Point-in-time
Prepaid and other current assets PrepaidExpenseAndOtherAssetsCurrent $153.44M USD Point-in-time
Total current assets AssetsCurrent $6.88B USD Point-in-time
Total current assets AssetsCurrent $6.99B USD Point-in-time
Property, plant and equipment, net PropertyPlantAndEquipmentNet $452.17M USD Point-in-time
Property, plant and equipment, net PropertyPlantAndEquipmentNet $437.47M USD Point-in-time
Goodwill Goodwill $858.66M USD Point-in-time
Goodwill Goodwill $876.73M USD Point-in-time
Intangible assets, net FiniteLivedIntangibleAssetsNet $143.52M USD Point-in-time
Intangible assets, net FiniteLivedIntangibleAssetsNet $120.14M USD Point-in-time
Operating lease assets (Note 5) OperatingLeaseRightOfUseAsset $278.57M USD Point-in-time
Other assets OtherAssetsNoncurrent $215.80M USD Point-in-time
Other assets OtherAssetsNoncurrent $229.56M USD Point-in-time
Total assets Assets $8.91B USD Point-in-time
Total assets Assets $8.56B USD Point-in-time
Short-term debt ShortTermBorrowings $300.54M USD Point-in-time
Short-term debt ShortTermBorrowings $638.40M USD Point-in-time
Accounts payable AccountsPayableCurrent $2.03B USD Point-in-time
Accounts payable AccountsPayableCurrent $1.86B USD Point-in-time
Accrued expenses and other AccruedLiabilitiesCurrent $413.70M USD Point-in-time
Accrued expenses and other AccruedLiabilitiesCurrent $418.23M USD Point-in-time
Short-term operating lease liabilities (Note 5) OperatingLeaseLiabilityCurrent $55.15M USD Point-in-time
Total current liabilities LiabilitiesCurrent $2.58B USD Point-in-time
Total current liabilities LiabilitiesCurrent $3.14B USD Point-in-time
Long-term debt LongTermDebtNoncurrent $1.42B USD Point-in-time
Long-term debt LongTermDebtNoncurrent $1.19B USD Point-in-time
Long-term operating lease liabilities (Note 5) OperatingLeaseLiabilityNoncurrent $245.41M USD Point-in-time
Other liabilities OtherLiabilitiesNoncurrent $425.58M USD Point-in-time
Other liabilities OtherLiabilitiesNoncurrent $380.59M USD Point-in-time
Total liabilities Liabilities $4.42B USD Point-in-time
Total liabilities Liabilities $4.96B USD Point-in-time
Commitments and contingencies (Note 7) CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies (Note 7) CommitmentsAndContingencies - USD Point-in-time
Common stock $1.00 par; authorized 300,000,000 shares; issued 101,470,636 shares and 104,037,769 shares, respectively CommonStockValue $104.04M USD Point-in-time
Common stock $1.00 par; authorized 300,000,000 shares; issued 101,470,636 shares and 104,037,769 shares, respectively CommonStockValue $101.47M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $1.57B USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $1.58B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $2.68B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $2.77B USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-402.37M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-304.04M USD Point-in-time
Total shareholders' equity StockholdersEquity $4.69B USD Point-in-time
Total shareholders' equity StockholdersEquity $4.14B USD Point-in-time
Total shareholders' equity StockholdersEquity $3.96B USD Point-in-time
Total shareholders' equity StockholdersEquity $4.62B USD Point-in-time
Total liabilities and shareholders' equity LiabilitiesAndStockholdersEquity $8.56B USD Point-in-time
Total liabilities and shareholders' equity LiabilitiesAndStockholdersEquity $8.91B USD Point-in-time
Income Statement 40 line items
Line Item Tag Value Unit Period
Sales RevenueFromContractWithCustomerExcludingAssessedTax $5.09B USD 1 Quarter
Sales RevenueFromContractWithCustomerExcludingAssessedTax $4.63B USD 1 Quarter
Cost of sales CostOfRevenue $4.09B USD 1 Quarter
Cost of sales CostOfRevenue $4.45B USD 1 Quarter
Gross profit GrossProfit $636.75M USD 1 Quarter
Gross profit GrossProfit $543.84M USD 1 Quarter
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $475.15M USD 1 Quarter
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $456.50M USD 1 Quarter
Restructuring, integration and other expenses RestructuringIntegrationAndOtherCharges $14.79M USD 1 Quarter
Restructuring, integration and other expenses RestructuringIntegrationAndOtherCharges $24.60M USD 1 Quarter
Operating income OperatingIncomeLoss $146.82M USD 1 Quarter
Operating income OperatingIncomeLoss $62.74M USD 1 Quarter
Other income (expense), net OtherNonoperatingIncomeExpense $-1.89M USD 1 Quarter
Other income (expense), net OtherNonoperatingIncomeExpense $4.93M USD 1 Quarter
Interest and other financing expenses, net InterestExpense $33.63M USD 1 Quarter
Interest and other financing expenses, net InterestExpense $30.09M USD 1 Quarter
Income from continuing operations before taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $34.04M USD 1 Quarter
Income from continuing operations before taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $114.83M USD 1 Quarter
Income tax (benefit) expense IncomeTaxExpenseBenefit $31.30M USD 1 Quarter
Income tax (benefit) expense IncomeTaxExpenseBenefit $-7.71M USD 1 Quarter
Income from continuing operations, net of tax IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $41.75M USD 1 Quarter
Income from continuing operations, net of tax IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $83.53M USD 1 Quarter
Income from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTax $195.00K USD 1 Quarter
Net income NetIncomeLoss $83.72M USD 1 Quarter
Net income NetIncomeLoss $41.75M USD 1 Quarter
Basic earnings per share-continuing operations IncomeLossFromContinuingOperationsPerBasicShare $0.73 USD 1 Quarter
Basic earnings per share-continuing operations IncomeLossFromContinuingOperationsPerBasicShare $0.40 USD 1 Quarter
Basic earnings per share EarningsPerShareBasic $0.40 USD 1 Quarter
Basic earnings per share EarningsPerShareBasic $0.73 USD 1 Quarter
Diluted earnings per share-continuing operations IncomeLossFromContinuingOperationsPerDilutedShare $0.72 USD 1 Quarter
Diluted earnings per share-continuing operations IncomeLossFromContinuingOperationsPerDilutedShare $0.40 USD 1 Quarter
Diluted earnings per share EarningsPerShareDiluted $0.72 USD 1 Quarter
Diluted earnings per share EarningsPerShareDiluted $0.40 USD 1 Quarter
Basic WeightedAverageNumberOfSharesOutstandingBasic 115.26M shares 1 Quarter
Basic WeightedAverageNumberOfSharesOutstandingBasic 103.13M shares 1 Quarter
Diluted WeightedAverageNumberOfDilutedSharesOutstanding 116.47M shares 1 Quarter
Diluted WeightedAverageNumberOfDilutedSharesOutstanding 104.38M shares 1 Quarter
Cash dividends paid per common share CommonStockDividendsPerShareCashPaid $0.21 USD Point-in-time
Cash dividends paid per common share CommonStockDividendsPerShareCashPaid $0.20 USD 1 Quarter
Cash dividends paid per common share CommonStockDividendsPerShareCashPaid $0.21 USD 1 Quarter
Cash Flow Statement 65 line items
Line Item Tag Value Unit Period
Net income NetIncomeLoss $83.72M USD 1 Quarter
Net income NetIncomeLoss $41.75M USD 1 Quarter
Less: Income from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTax $195.00K USD 1 Quarter
Income from continuing operations, net of tax IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $41.75M USD 1 Quarter
Income from continuing operations, net of tax IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $83.53M USD 1 Quarter
Depreciation DepreciationNonproduction $25.39M USD 1 Quarter
Depreciation DepreciationNonproduction $24.67M USD 1 Quarter
Amortization AmortizationOfIntangibleAssets $19.91M USD 1 Quarter
Amortization AmortizationOfIntangibleAssets $20.81M USD 1 Quarter
Amortization of Operating Lease Asset AmortizationOfOperatingLeaseAssets $15.84M USD 1 Quarter
Deferred income taxes IncreaseDecreaseInDeferredIncomeTaxes $3.97M USD 1 Quarter
Deferred income taxes IncreaseDecreaseInDeferredIncomeTaxes $-36.83M USD 1 Quarter
Stock-based compensation ShareBasedCompensation $7.22M USD 1 Quarter
Stock-based compensation ShareBasedCompensation $9.04M USD 1 Quarter
Other, net OtherNoncashIncomeExpense $-14.99M USD 1 Quarter
Other, net OtherNoncashIncomeExpense $-8.03M USD 1 Quarter
Receivables IncreaseDecreaseInAccountsReceivable $6.70M USD 1 Quarter
Receivables IncreaseDecreaseInAccountsReceivable $19.29M USD 1 Quarter
Inventories IncreaseDecreaseInInventories $64.19M USD 1 Quarter
Inventories IncreaseDecreaseInInventories $269.65M USD 1 Quarter
Accounts payable IncreaseDecreaseInAccountsPayableTrade $189.75M USD 1 Quarter
Accounts payable IncreaseDecreaseInAccountsPayableTrade $95.12M USD 1 Quarter
Accrued expenses and other, net IncreaseDecreaseInAccruedLiabilities $-36.66M USD 1 Quarter
Accrued expenses and other, net IncreaseDecreaseInAccruedLiabilities $-81.75M USD 1 Quarter
Net cash flows provided (used) for operating activities - continuing operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations $195.64M USD 1 Quarter
Net cash flows provided (used) for operating activities - continuing operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations $-84.98M USD 1 Quarter
Net cash flows provided (used) for operating activities NetCashProvidedByUsedInOperatingActivities $195.64M USD 1 Quarter
Net cash flows provided (used) for operating activities NetCashProvidedByUsedInOperatingActivities $-84.98M USD 1 Quarter
Borrowings (repayments) under accounts receivable securitization, net ProceedsFromRepaymentsOfAccountsReceivableSecuritization $110.80M USD 1 Quarter
Borrowings (repayments) under accounts receivable securitization, net ProceedsFromRepaymentsOfAccountsReceivableSecuritization $-40.00M USD 1 Quarter
Repayments under senior unsecured credit facility, net RepaymentsOfNotesPayable $1.10M USD 1 Quarter
Repayments under senior unsecured credit facility, net RepaymentsOfNotesPayable $1.22M USD 1 Quarter
Repayments under bank credit facilities and other debt, net RepaymentsOfLinesOfCredit $50.33M USD 1 Quarter
Repayments under bank credit facilities and other debt, net RepaymentsOfLinesOfCredit $745.00K USD 1 Quarter
Repurchases of common stock PaymentsForRepurchaseOfCommonStock $149.09M USD 1 Quarter
Repurchases of common stock PaymentsForRepurchaseOfCommonStock $110.81M USD 1 Quarter
Dividends paid on common stock PaymentsOfDividendsCommonStock $21.45M USD 1 Quarter
Dividends paid on common stock PaymentsOfDividendsCommonStock $22.93M USD 1 Quarter
Other, net ProceedsFromPaymentsForOtherFinancingActivities $17.33M USD 1 Quarter
Other, net ProceedsFromPaymentsForOtherFinancingActivities $548.00K USD 1 Quarter
Net cash flows used for financing activities - continuing operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations $-246.25M USD 1 Quarter
Net cash flows used for financing activities - continuing operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations $-22.75M USD 1 Quarter
Net cash flows used for financing activities NetCashProvidedByUsedInFinancingActivities $-246.25M USD 1 Quarter
Net cash flows used for financing activities NetCashProvidedByUsedInFinancingActivities $-22.75M USD 1 Quarter
Purchases of property, plant and equipment PaymentsToAcquirePropertyPlantAndEquipment $41.01M USD 1 Quarter
Purchases of property, plant and equipment PaymentsToAcquirePropertyPlantAndEquipment $29.86M USD 1 Quarter
Other, net PaymentsForProceedsFromOtherInvestingActivities $-65.00K USD 1 Quarter
Other, net PaymentsForProceedsFromOtherInvestingActivities $12.52M USD 1 Quarter
Net cash flows used for investing activities - continuing operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations $-40.94M USD 1 Quarter
Net cash flows used for investing activities - continuing operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations $-42.38M USD 1 Quarter
Net cash flows provided by investing activities - discontinued operations CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations $120.00M USD 1 Quarter
Net cash flows (used) provided by investing activities NetCashProvidedByUsedInInvestingActivities $79.06M USD 1 Quarter
Net cash flows (used) provided by investing activities NetCashProvidedByUsedInInvestingActivities $-42.38M USD 1 Quarter
Effect on currency exchange rate changes on cash and cash equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $-3.11M USD 1 Quarter
Effect on currency exchange rate changes on cash and cash equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $-12.51M USD 1 Quarter
Increase (decrease) CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $118.00M USD 1 Quarter
Increase (decrease) CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-255.27M USD 1 Quarter
Cash and cash equivalents at beginning of year CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $664.11M USD Point-in-time
Cash and cash equivalents at beginning of year CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $546.11M USD Point-in-time
Cash and cash equivalents at beginning of year CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $365.85M USD Point-in-time
Cash and cash equivalents at beginning of year CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $621.12M USD Point-in-time
Cash and cash equivalents at end of year CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $664.11M USD Point-in-time
Cash and cash equivalents at end of year CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $546.11M USD Point-in-time
Cash and cash equivalents at end of year CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $365.85M USD Point-in-time
Cash and cash equivalents at end of year CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $621.12M USD Point-in-time
Stockholders Equity 23 line items
Line Item Tag Value Unit Period
Stockholders' Equity Attributable to Parent, Beginning Balance StockholdersEquity $4.69B USD Point-in-time
Stockholders' Equity Attributable to Parent, Beginning Balance StockholdersEquity $4.14B USD Point-in-time
Stockholders' Equity Attributable to Parent, Beginning Balance StockholdersEquity $3.96B USD Point-in-time
Stockholders' Equity Attributable to Parent, Beginning Balance StockholdersEquity $4.62B USD Point-in-time
Shares issued Beginning Balance CommonStockSharesIssued 101.47M shares Point-in-time
Shares issued Beginning Balance CommonStockSharesIssued 104.04M shares Point-in-time
Net income NetIncomeLoss $83.72M USD 1 Quarter
Net income NetIncomeLoss $41.75M USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $9.56M USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $-98.33M USD 1 Quarter
Cash dividends DividendsCommonStockCash $22.93M USD 1 Quarter
Cash dividends DividendsCommonStockCash $21.45M USD 1 Quarter
Repurchases of common stock StockRepurchasedDuringPeriodValue $112.14M USD 1 Quarter
Repurchases of common stock StockRepurchasedDuringPeriodValue $156.90M USD 1 Quarter
Effects of new accounting principles CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption $-3.83M USD Point-in-time
Stock-based compensation StockIssuedDuringPeriodValueShareBasedCompensation $7.76M USD 1 Quarter
Stock-based compensation StockIssuedDuringPeriodValueShareBasedCompensation $26.37M USD 1 Quarter
Shares issued Ending Balance CommonStockSharesIssued 101.47M shares Point-in-time
Shares issued Ending Balance CommonStockSharesIssued 104.04M shares Point-in-time
Stockholders' Equity Attributable to Parent, Ending Balance StockholdersEquity $4.69B USD Point-in-time
Stockholders' Equity Attributable to Parent, Ending Balance StockholdersEquity $4.14B USD Point-in-time
Stockholders' Equity Attributable to Parent, Ending Balance StockholdersEquity $3.96B USD Point-in-time
Stockholders' Equity Attributable to Parent, Ending Balance StockholdersEquity $4.62B USD Point-in-time
Comprehensive Income 8 line items
Line Item Tag Value Unit Period
Net income NetIncomeLoss $83.72M USD 1 Quarter
Net income NetIncomeLoss $41.75M USD 1 Quarter
Foreign currency translation and other OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax $-102.15M USD 1 Quarter
Foreign currency translation and other OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax $8.80M USD 1 Quarter
Pension adjustments, net OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-756.00K USD 1 Quarter
Pension adjustments, net OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-3.81M USD 1 Quarter
Total comprehensive (loss) income ComprehensiveIncomeNetOfTax $-56.58M USD 1 Quarter
Total comprehensive (loss) income ComprehensiveIncomeNetOfTax $93.28M USD 1 Quarter

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

NEWS
Loading article...
NEWS
Loading news...
TRENDING
Loading...