10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0000792987-18-000019 |
| Period End Date | 20180331 |
| Filing Date | 20180510 |
| Fiscal Year | 2018 |
| Fiscal Period | Q1 |
| XBRL Instance | aste-20180331.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
58 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$55.40M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$82.37M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$41.94M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$62.28M | USD | Point-in-time |
| Investments |
MarketableSecuritiesCurrent
|
$1.75M | USD | Point-in-time |
| Investments |
MarketableSecuritiesCurrent
|
$1.62M | USD | Point-in-time |
| Trade receivables |
AccountsReceivableNetCurrent
|
$114.79M | USD | Point-in-time |
| Trade receivables |
AccountsReceivableNetCurrent
|
$149.45M | USD | Point-in-time |
| Other receivables |
OtherReceivables
|
$5.17M | USD | Point-in-time |
| Other receivables |
OtherReceivables
|
$4.40M | USD | Point-in-time |
| Inventories |
InventoryNet
|
$391.38M | USD | Point-in-time |
| Inventories |
InventoryNet
|
$411.16M | USD | Point-in-time |
| Prepaid expenses and other |
PrepaidExpenseAndOtherAssetsCurrent
|
$23.53M | USD | Point-in-time |
| Prepaid expenses and other |
PrepaidExpenseAndOtherAssetsCurrent
|
$27.73M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$632.24M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$602.97M | USD | Point-in-time |
| Property and equipment, net |
PropertyPlantAndEquipmentNet
|
$190.40M | USD | Point-in-time |
| Property and equipment, net |
PropertyPlantAndEquipmentNet
|
$189.29M | USD | Point-in-time |
| Investments |
MarketableSecuritiesNoncurrent
|
$14.85M | USD | Point-in-time |
| Investments |
MarketableSecuritiesNoncurrent
|
$14.55M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$46.31M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$45.73M | USD | Point-in-time |
| Other long-term assets |
OtherAssetsNoncurrent
|
$35.93M | USD | Point-in-time |
| Other long-term assets |
OtherAssetsNoncurrent
|
$35.69M | USD | Point-in-time |
| Total assets |
Assets
|
$918.37M | USD | Point-in-time |
| Total assets |
Assets
|
$889.58M | USD | Point-in-time |
| Current maturities of long-term debt |
LongTermDebtCurrent
|
$2.05M | USD | Point-in-time |
| Current maturities of long-term debt |
LongTermDebtCurrent
|
$2.47M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$68.83M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$60.42M | USD | Point-in-time |
| Customer deposits |
CustomerAdvancesCurrent
|
$49.38M | USD | Point-in-time |
| Customer deposits |
CustomerAdvancesCurrent
|
$51.52M | USD | Point-in-time |
| Accrued product warranty |
ProductWarrantyAccrualClassifiedCurrent
|
$15.41M | USD | Point-in-time |
| Accrued product warranty |
ProductWarrantyAccrualClassifiedCurrent
|
$16.01M | USD | Point-in-time |
| Accrued payroll and related liabilities |
EmployeeRelatedLiabilitiesCurrent
|
$23.30M | USD | Point-in-time |
| Accrued payroll and related liabilities |
EmployeeRelatedLiabilitiesCurrent
|
$19.37M | USD | Point-in-time |
| Accrued loss reserves |
SelfInsuranceReserveCurrent
|
$2.15M | USD | Point-in-time |
| Accrued loss reserves |
SelfInsuranceReserveCurrent
|
$2.50M | USD | Point-in-time |
| Other current liabilities |
OtherLiabilitiesCurrent
|
$26.51M | USD | Point-in-time |
| Other current liabilities |
OtherLiabilitiesCurrent
|
$25.67M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$186.44M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$179.15M | USD | Point-in-time |
| Long-term debt |
LongTermDebtNoncurrent
|
$1.57M | USD | Point-in-time |
| Long-term debt |
LongTermDebtNoncurrent
|
$1.36M | USD | Point-in-time |
| Deferred income tax liabilities |
DeferredTaxLiabilitiesNoncurrent
|
$1.51M | USD | Point-in-time |
| Deferred income tax liabilities |
DeferredTaxLiabilitiesNoncurrent
|
$1.57M | USD | Point-in-time |
| Other long-term liabilities |
OtherLiabilitiesNoncurrent
|
$20.92M | USD | Point-in-time |
| Other long-term liabilities |
OtherLiabilitiesNoncurrent
|
$20.58M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$202.81M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$210.29M | USD | Point-in-time |
| Shareholders' equity |
StockholdersEquity
|
$685.67M | USD | Point-in-time |
| Shareholders' equity |
StockholdersEquity
|
$707.00M | USD | Point-in-time |
| Non-controlling interest |
MinorityInterest
|
$1.07M | USD | Point-in-time |
| Non-controlling interest |
MinorityInterest
|
$1.09M | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$708.08M | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$686.76M | USD | Point-in-time |
| Total liabilities and equity |
LiabilitiesAndStockholdersEquity
|
$918.37M | USD | Point-in-time |
| Total liabilities and equity |
LiabilitiesAndStockholdersEquity
|
$889.58M | USD | Point-in-time |
Income Statement
34 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net sales |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$325.45M | USD | 1 Quarter |
| Net sales |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$318.40M | USD | 1 Quarter |
| Cost of sales |
CostOfGoodsAndServicesSold
|
$242.63M | USD | 1 Quarter |
| Cost of sales |
CostOfGoodsAndServicesSold
|
$247.45M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$75.77M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$78.00M | USD | 1 Quarter |
| Selling, general, administrative and engineering expenses |
OperatingExpenses
|
$52.08M | USD | 1 Quarter |
| Selling, general, administrative and engineering expenses |
OperatingExpenses
|
$53.12M | USD | 1 Quarter |
| Income from operations |
OperatingIncomeLoss
|
$25.93M | USD | 1 Quarter |
| Income from operations |
OperatingIncomeLoss
|
$22.65M | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$150.00K | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$265.00K | USD | 1 Quarter |
| Other income, net of expenses |
NonoperatingIncomeExpense
|
$512.00K | USD | 1 Quarter |
| Other income, net of expenses |
NonoperatingIncomeExpense
|
$461.00K | USD | 1 Quarter |
| Income from operations before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$26.24M | USD | 1 Quarter |
| Income from operations before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$22.90M | USD | 1 Quarter |
| Income taxes |
IncomeTaxExpenseBenefit
|
$7.82M | USD | 1 Quarter |
| Income taxes |
IncomeTaxExpenseBenefit
|
$6.02M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$15.08M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$20.22M | USD | 1 Quarter |
| Net loss attributable to non-controlling interest |
NetIncomeLossAttributableToNoncontrollingInterest
|
$-51.00K | USD | 1 Quarter |
| Net loss attributable to non-controlling interest |
NetIncomeLossAttributableToNoncontrollingInterest
|
$-40.00K | USD | 1 Quarter |
| Net income attributable to controlling interest |
NetIncomeLoss
|
$20.27M | USD | 1 Quarter |
| Net income attributable to controlling interest |
NetIncomeLoss
|
$15.12M | USD | 1 Quarter |
| Basic (in dollars per share) |
EarningsPerShareBasic
|
$0.88 | USD | 1 Quarter |
| Basic (in dollars per share) |
EarningsPerShareBasic
|
$0.66 | USD | 1 Quarter |
| Diluted (in dollars per share) |
EarningsPerShareDiluted
|
$0.65 | USD | 1 Quarter |
| Diluted (in dollars per share) |
EarningsPerShareDiluted
|
$0.87 | USD | 1 Quarter |
| Basic (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
23.05M | shares | 1 Quarter |
| Basic (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
23.01M | shares | 1 Quarter |
| Diluted (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
23.18M | shares | 1 Quarter |
| Diluted (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
23.24M | shares | 1 Quarter |
| Dividends declared per common share (in dollars per share) |
CommonStockDividendsPerShareDeclared
|
$0.10 | USD | 1 Quarter |
| Dividends declared per common share (in dollars per share) |
CommonStockDividendsPerShareDeclared
|
$0.10 | USD | 1 Quarter |
Cash Flow Statement
70 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
ProfitLoss
|
$15.08M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$20.22M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$7.01M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$6.41M | USD | 1 Quarter |
| Provision (credit) for doubtful accounts |
ProvisionForDoubtfulAccounts
|
$436.00K | USD | 1 Quarter |
| Provision (credit) for doubtful accounts |
ProvisionForDoubtfulAccounts
|
$-82.00K | USD | 1 Quarter |
| Provision for warranties |
ProductWarrantyExpense
|
$3.45M | USD | 1 Quarter |
| Provision for warranties |
ProductWarrantyExpense
|
$4.00M | USD | 1 Quarter |
| Deferred compensation benefit |
DeferredCompensationArrangementWithIndividualCompensationExpense
|
$-166.00K | USD | 1 Quarter |
| Deferred compensation benefit |
DeferredCompensationArrangementWithIndividualCompensationExpense
|
$-376.00K | USD | 1 Quarter |
| Stock-based compensation |
ShareBasedCompensation
|
$1.02M | USD | 1 Quarter |
| Stock-based compensation |
ShareBasedCompensation
|
$903.00K | USD | 1 Quarter |
| Deferred income tax expense (benefit) |
DeferredIncomeTaxExpenseBenefit
|
$-372.00K | USD | 1 Quarter |
| Deferred income tax expense (benefit) |
DeferredIncomeTaxExpenseBenefit
|
$86.00K | USD | 1 Quarter |
| Gain on disposition of fixed assets |
GainLossOnSaleOfPropertyPlantEquipment
|
$133.00K | USD | 1 Quarter |
| Gain on disposition of fixed assets |
GainLossOnSaleOfPropertyPlantEquipment
|
$48.00K | USD | 1 Quarter |
| Distributions to SERP participants |
DistributionToSupplementalEmployeeRetirementProgramParticipant
|
$123.00K | USD | 1 Quarter |
| Distributions to SERP participants |
DistributionToSupplementalEmployeeRetirementProgramParticipant
|
$124.00K | USD | 1 Quarter |
| Sale (purchase) of trading securities, net |
IncreaseDecreaseInTradingSecurities
|
$108.00K | USD | 1 Quarter |
| Sale (purchase) of trading securities, net |
IncreaseDecreaseInTradingSecurities
|
$-406.00K | USD | 1 Quarter |
| Trade and other receivables |
IncreaseDecreaseInReceivables
|
$45.91M | USD | 1 Quarter |
| Trade and other receivables |
IncreaseDecreaseInReceivables
|
$33.74M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$12.17M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$19.78M | USD | 1 Quarter |
| Prepaid expenses and other assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$3.10M | USD | 1 Quarter |
| Prepaid expenses and other assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$-401.00K | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayableTrade
|
$16.28M | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayableTrade
|
$9.29M | USD | 1 Quarter |
| Accrued payroll and related expenses |
IncreaseDecreaseInEmployeeRelatedLiabilities
|
$-7.69M | USD | 1 Quarter |
| Accrued payroll and related expenses |
IncreaseDecreaseInEmployeeRelatedLiabilities
|
$-3.93M | USD | 1 Quarter |
| Accrued product warranty |
IncreaseDecreaseInAccruedProductWarranty
|
$2.83M | USD | 1 Quarter |
| Accrued product warranty |
IncreaseDecreaseInAccruedProductWarranty
|
$3.46M | USD | 1 Quarter |
| Customer deposits |
IncreaseDecreaseInCustomerAdvances
|
$-154.00K | USD | 1 Quarter |
| Customer deposits |
IncreaseDecreaseInCustomerAdvances
|
$2.14M | USD | 1 Quarter |
| Prepaid and income taxes payable, net |
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
|
$6.47M | USD | 1 Quarter |
| Prepaid and income taxes payable, net |
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
|
$8.25M | USD | 1 Quarter |
| Other |
IncreaseDecreaseInOtherOperatingCapitalNet
|
$-3.39M | USD | 1 Quarter |
| Other |
IncreaseDecreaseInOtherOperatingCapitalNet
|
$-2.01M | USD | 1 Quarter |
| Net cash used by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-12.32M | USD | 1 Quarter |
| Net cash used by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-14.72M | USD | 1 Quarter |
| Expenditures for property and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$5.41M | USD | 1 Quarter |
| Expenditures for property and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$5.01M | USD | 1 Quarter |
| Proceeds from sale of property and equipment |
ProceedsFromSaleOfPropertyPlantAndEquipment
|
$59.00K | USD | 1 Quarter |
| Proceeds from sale of property and equipment |
ProceedsFromSaleOfPropertyPlantAndEquipment
|
$140.00K | USD | 1 Quarter |
| Other |
PaymentsForProceedsFromOtherInvestingActivities
|
$292.00K | USD | 1 Quarter |
| Other |
PaymentsForProceedsFromOtherInvestingActivities
|
$393.00K | USD | 1 Quarter |
| Net cash used by investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-5.56M | USD | 1 Quarter |
| Net cash used by investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-5.34M | USD | 1 Quarter |
| Payment of dividends |
PaymentsOfDividends
|
$2.31M | USD | 1 Quarter |
| Payment of dividends |
PaymentsOfDividends
|
$2.31M | USD | 1 Quarter |
| Repayments of bank loans |
RepaymentsOfDebt
|
$643.00K | USD | 1 Quarter |
| Repayments of bank loans |
RepaymentsOfDebt
|
$4.60M | USD | 1 Quarter |
| Sale of Company shares held by SERP |
SupplementalExecutiveRetirementPlanTransactionsNet
|
$-285.00K | USD | 1 Quarter |
| Sale of Company shares held by SERP |
SupplementalExecutiveRetirementPlanTransactionsNet
|
$-376.00K | USD | 1 Quarter |
| Withholding tax paid upon vesting of restricted stock units |
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
$501.00K | USD | 1 Quarter |
| Withholding tax paid upon vesting of restricted stock units |
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
$364.00K | USD | 1 Quarter |
| Net cash used by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-7.12M | USD | 1 Quarter |
| Net cash used by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-2.94M | USD | 1 Quarter |
| Effect of exchange rates on cash |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$433.00K | USD | 1 Quarter |
| Effect of exchange rates on cash |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$265.00K | USD | 1 Quarter |
| Net decrease in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-20.34M | USD | 1 Quarter |
| Net decrease in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-26.97M | USD | 1 Quarter |
| Cash and cash equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$55.40M | USD | Point-in-time |
| Cash and cash equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$82.37M | USD | Point-in-time |
| Cash and cash equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$41.94M | USD | Point-in-time |
| Cash and cash equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$62.28M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$55.40M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$82.37M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$41.94M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$62.28M | USD | Point-in-time |
Stockholders Equity
14 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$708.08M | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$686.76M | USD | Point-in-time |
| Net income |
ProfitLoss
|
$15.08M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$20.22M | USD | 1 Quarter |
| Other comprehensive income |
OtherComprehensiveIncomeLossNetOfTax
|
$1.78M | USD | 1 Quarter |
| Change in ownership percentage of subsidiary |
MinorityInterestDecreaseFromRedemptions
|
$43.00K | USD | 1 Quarter |
| Dividends declared |
DividendsCommonStock
|
$2.31M | USD | 1 Quarter |
| Stock-based compensation |
StockIssuedDuringPeriodValueShareBasedCompensation
|
$1.58M | USD | 1 Quarter |
| Stock issued under incentive plans |
StockIssuedDuringPeriodValueRestrictedStockAwardGross
|
- | USD | 1 Quarter |
| Withholding tax paid upon vesting of RSUs |
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
|
$364.00K | USD | 1 Quarter |
| SERP transactions, net |
SaleOfEntitySharesHeldBySERP
|
$376.00K | USD | 1 Quarter |
| Other |
StockholdersEquityOther
|
$73.00K | USD | 1 Quarter |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$708.08M | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$686.76M | USD | Point-in-time |
Comprehensive Income
14 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
ProfitLoss
|
$15.08M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$20.22M | USD | 1 Quarter |
| Foreign currency translation adjustments |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
|
$2.03M | USD | 1 Quarter |
| Foreign currency translation adjustments |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
|
$1.71M | USD | 1 Quarter |
| Change in unrecognized pension benefit cost |
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax
|
$-65.00K | USD | 1 Quarter |
| Change in unrecognized pension benefit cost |
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax
|
- | USD | 1 Quarter |
| Other comprehensive income |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$2.03M | USD | 1 Quarter |
| Other comprehensive income |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$1.78M | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$17.11M | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$21.99M | USD | 1 Quarter |
| Comprehensive income (loss) attributable to non-controlling interest |
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
$8.00K | USD | 1 Quarter |
| Comprehensive income (loss) attributable to non-controlling interest |
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
$-48.00K | USD | 1 Quarter |
| Comprehensive income attributable to controlling interest |
ComprehensiveIncomeNetOfTax
|
$22.04M | USD | 1 Quarter |
| Comprehensive income attributable to controlling interest |
ComprehensiveIncomeNetOfTax
|
$17.10M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.