10-Q Filing

AVINTIV SPECIALTY MATERIALS INC. CIK: 927417 Q3 2012

Filing Information

Form Type	10-Q
Accession Number	`0000927417-12-000006`
Period End Date	20120930
Filing Date	20121109
Fiscal Year	2012
Fiscal Period	Q3
XBRL Instance	pymr-20120929.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 66 Income Statement 33 Cash Flow Statement 5 Stockholders Equity 9 Comprehensive Income 3

Balance Sheet 66 line items

Line Item	Tag	Value	Unit	Period
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$90.35M	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$46.44M	USD	Point-in-time
Accumulated amortization	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$7.95M	USD	Point-in-time
Accumulated amortization	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$14.42M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$72.74M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	1,000.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$95.10M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	1,000.00	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	1,000.00	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	1,000.00	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$131.33M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$141.17M	USD	Point-in-time
Inventories, net	`InventoryNet`	$103.91M	USD	Point-in-time
Inventories, net	`InventoryNet`	$98.81M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$4.30M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$4.40M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$38.31M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$36.04M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$367.86M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$358.27M	USD	Point-in-time
Property, plant and equipment, net of accumulated depreciation of $90,354 as of September 29, 2012 and $46,440 as of December 31, 2011	`PropertyPlantAndEquipmentNet`	$493.35M	USD	Point-in-time
Property, plant and equipment, net of accumulated depreciation of $90,354 as of September 29, 2012 and $46,440 as of December 31, 2011	`PropertyPlantAndEquipmentNet`	$482.00M	USD	Point-in-time
Goodwill	`Goodwill`	$80.39M	USD	Point-in-time
Goodwill	`Goodwill`	$80.55M	USD	Point-in-time
Intangible assets, net of accumulated amortization of $14,419 as of September 29, 2012 and $7,948 as of December 31, 2011	`IntangibleAssetsNetExcludingGoodwill`	$83.75M	USD	Point-in-time
Intangible assets, net of accumulated amortization of $14,419 as of September 29, 2012 and $7,948 as of December 31, 2011	`IntangibleAssetsNetExcludingGoodwill`	$77.41M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetNoncurrent`	$1.94M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetNoncurrent`	$1.94M	USD	Point-in-time
Other noncurrent assets	`OtherAssetsNoncurrent`	$42.72M	USD	Point-in-time
Other noncurrent assets	`OtherAssetsNoncurrent`	$40.97M	USD	Point-in-time
Total assets	`Assets`	$1.05B	USD	Point-in-time
Total assets	`Assets`	$1.06B	USD	Point-in-time
Short-term borrowings	`ShortTermBorrowings`	$5.00M	USD	Point-in-time
Short-term borrowings	`ShortTermBorrowings`	$3.07M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$188.34M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$190.52M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$2.92M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$1.02M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesCurrent`	$1.69M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesCurrent`	$1.69M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$9.53M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$7.59M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$205.82M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$205.54M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$593.73M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$587.85M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$34.80M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$34.81M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$44.80M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$40.56M	USD	Point-in-time
Total liabilities	`Liabilities`	$873.28M	USD	Point-in-time
Total liabilities	`Liabilities`	$874.63M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock - 1,000 shares issued and outstanding	`CommonStockValue`	-	USD	Point-in-time
Common stock - 1,000 shares issued and outstanding	`CommonStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$261.58M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$260.60M	USD	Point-in-time
Retained deficit	`RetainedEarningsAccumulatedDeficit`	$-76.17M	USD	Point-in-time
Retained deficit	`RetainedEarningsAccumulatedDeficit`	$-87.18M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$1.54M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$2.87M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$175.94M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$187.30M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$1.05B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$1.06B	USD	Point-in-time

Income Statement 33 line items

Line Item	Tag	Value	Unit	Period
Net sales	`SalesRevenueGoodsNet`	$315.50M	USD	1 Quarter
Net sales	`SalesRevenueGoodsNet`	$290.10M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsSold`	$266.51M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsSold`	$238.12M	USD	1 Quarter
Gross profit	`GrossProfit`	$51.97M	USD	1 Quarter
Gross profit	`GrossProfit`	$48.99M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$33.04M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$34.52M	USD	1 Quarter
Special charges, net	`SpecialChargesNet`	$-1.40M	USD	1 Quarter
Special charges, net	`SpecialChargesNet`	$-1.73M	USD	1 Quarter
Other operating (income) loss, net	`OtherCostAndExpenseOperating`	$1.69M	USD	1 Quarter
Other operating (income) loss, net	`OtherCostAndExpenseOperating`	$-235.00K	USD	1 Quarter
Operating income (loss)	`OperatingIncomeLoss`	$17.43M	USD	1 Quarter
Operating income (loss)	`OperatingIncomeLoss`	$11.38M	USD	1 Quarter
Interest expense, net	`InterestExpense`	$12.49M	USD	1 Quarter
Interest expense, net	`InterestExpense`	$12.87M	USD	1 Quarter
Foreign currency and other loss, net	`OtherNonoperatingIncomeExpense`	$-999.00K	USD	1 Quarter
Foreign currency and other loss, net	`OtherNonoperatingIncomeExpense`	$-2.89M	USD	1 Quarter
Loss before income tax expense and discontinued operations	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$3.95M	USD	1 Quarter
Loss before income tax expense and discontinued operations	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-4.37M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$2.59M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$936.00K	USD	1 Quarter
Loss from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$1.35M	USD	1 Quarter
Loss from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-5.30M	USD	1 Quarter
(Loss) income from operations of discontinued business	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax`	$-3.36M	USD	1 Quarter
(Loss) income from operations of discontinued business	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax`	-	USD	1 Quarter
Loss on sale of discontinued operations	`DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax`	$-520.00K	USD	1 Quarter
Loss on sale of discontinued operations	`DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax`	-	USD	1 Quarter
Loss from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTax`	-	USD	1 Quarter
Loss from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-3.88M	USD	1 Quarter
Net loss	`ProfitLoss`	$-11.01M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$-9.19M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$1.35M	USD	1 Quarter

Cash Flow Statement 5 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-11.01M	USD	3 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$72.74M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$95.10M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$72.74M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$95.10M	USD	Point-in-time

Stockholders Equity 9 line items

Line Item	Tag	Value	Unit	Period
Balance -- December 31, 2011	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$175.94M	USD	Point-in-time
Balance -- December 31, 2011	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$187.30M	USD	Point-in-time
Amounts due to shareholders	`AdjustmentsToAdditionalPaidInCapitalAmountsDueToShareholders`	$364.00K	USD	3 Qtrs
Net loss	`ProfitLoss`	$-11.01M	USD	3 Qtrs
Compensation recognized on share-based awards	`StockIssuedDuringPeriodValueShareBasedCompensation`	$620.00K	USD	3 Qtrs
Employee benefit plans, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$42.00K	USD	3 Qtrs
Currency translation adjustments, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-1.29M	USD	3 Qtrs
Balance -- September 29, 2012	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$175.94M	USD	Point-in-time
Balance -- September 29, 2012	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$187.30M	USD	Point-in-time

Comprehensive Income 3 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$-11.01M	USD	3 Qtrs
Unrealized currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-1.29M	USD	3 Qtrs
Employee postretirement benefits	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$42.00K	USD	3 Qtrs

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