10-Q Filing

BOWNE & CO INC CIK: 13610 Q1 2009

Filing Information

Form Type	10-Q
Accession Number	`0000950123-09-008550`
Period End Date	20090331
Filing Date	20090511
Fiscal Year	2009
Fiscal Period	Q1
XBRL Instance	bne-20090331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 66 Income Statement 44 Cash Flow Statement 52 Comprehensive Income 10

Balance Sheet 66 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$11.52M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$64.94M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$10.41M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$23.57M	USD	Point-in-time
Marketable securities	`MarketableSecuritiesCurrent`	$193.00K	USD	Point-in-time
Marketable securities	`MarketableSecuritiesCurrent`	$183.00K	USD	Point-in-time
Accounts receivable, less allowances of $5,448 (2009) and $5,178 (2008)	`AccountsReceivableNetCurrent`	$116.77M	USD	Point-in-time
Accounts receivable, less allowances of $5,448 (2009) and $5,178 (2008)	`AccountsReceivableNetCurrent`	$143.65M	USD	Point-in-time
Inventories	`InventoryNet`	$35.72M	USD	Point-in-time
Inventories	`InventoryNet`	$27.97M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpensesAndOtherCurrentAssets`	$40.92M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpensesAndOtherCurrentAssets`	$45.99M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$202.45M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$230.88M	USD	Point-in-time
Marketable securities, noncurrent	`MarketableSecuritiesNoncurrent`	$2.93M	USD	Point-in-time
Marketable securities, noncurrent	`MarketableSecuritiesNoncurrent`	$2.94M	USD	Point-in-time
Property, plant and equipment at cost, less accumulated depreciation of $264,137 (2009) and $258,425 (2008)	`PropertyPlantAndEquipmentNet`	$125.38M	USD	Point-in-time
Property, plant and equipment at cost, less accumulated depreciation of $264,137 (2009) and $258,425 (2008)	`PropertyPlantAndEquipmentNet`	$130.15M	USD	Point-in-time
Goodwill	`Goodwill`	$50.50M	USD	Point-in-time
Goodwill	`Goodwill`	$50.37M	USD	Point-in-time
Intangible assets, less accumulated amortization of $8,145 (2009) and $6,781 (2008)	`FiniteLivedIntangibleAssetsNet`	$40.45M	USD	Point-in-time
Intangible assets, less accumulated amortization of $8,145 (2009) and $6,781 (2008)	`FiniteLivedIntangibleAssetsNet`	$41.82M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetNoncurrent`	$46.78M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetNoncurrent`	$44.37M	USD	Point-in-time
Other	`OtherAssetsNoncurrent`	$13.71M	USD	Point-in-time
Other	`OtherAssetsNoncurrent`	$8.64M	USD	Point-in-time
Total assets	`Assets`	$480.75M	USD	Point-in-time
Total assets	`Assets`	$510.65M	USD	Point-in-time
Current portion of long-term debt and capital lease obligations	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$842.00K	USD	Point-in-time
Current portion of long-term debt and capital lease obligations	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$12.16M	USD	Point-in-time
Accounts payable	`AccountsPayable`	$47.78M	USD	Point-in-time
Accounts payable	`AccountsPayable`	$52.32M	USD	Point-in-time
Employee compensation and benefits	`EmployeeRelatedLiabilities`	$19.31M	USD	Point-in-time
Employee compensation and benefits	`EmployeeRelatedLiabilities`	$19.18M	USD	Point-in-time
Accrued expenses and other obligations	`AccruedExpensesAndOtherObligations`	$42.51M	USD	Point-in-time
Accrued expenses and other obligations	`AccruedExpensesAndOtherObligations`	$42.09M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$109.88M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$126.30M	USD	Point-in-time
Long-term debt and capital lease obligations - net of current portion	`LongTermDebtAndCapitalLeaseObligations`	$103.80M	USD	Point-in-time
Long-term debt and capital lease obligations - net of current portion	`LongTermDebtAndCapitalLeaseObligations`	$88.35M	USD	Point-in-time
Deferred employee compensation	`DeferredCompensationLiabilityNoncurrent`	$76.45M	USD	Point-in-time
Deferred employee compensation	`DeferredCompensationLiabilityNoncurrent`	$75.87M	USD	Point-in-time
Deferred rent	`DeferredRentCreditNoncurrent`	$18.91M	USD	Point-in-time
Deferred rent	`DeferredRentCreditNoncurrent`	$19.04M	USD	Point-in-time
Other	`OtherLiabilitiesNoncurrent`	$1.02M	USD	Point-in-time
Other	`OtherLiabilitiesNoncurrent`	$690.00K	USD	Point-in-time
Total liabilities	`Liabilities`	$326.14M	USD	Point-in-time
Total liabilities	`Liabilities`	$294.17M	USD	Point-in-time
Commitments and Contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Authorized 1,000,000 shares, par value $.01 Issuable in series - none issued	`PreferredStockValue`	-	USD	Point-in-time
Authorized 1,000,000 shares, par value $.01 Issuable in series - none issued	`PreferredStockValue`	-	USD	Point-in-time
Authorized 60,000,000 shares, par value $.01 issued and outstanding 43,532,411 shares (2009) and 43,209,432 shares (2008)	`CommonStockValue`	$435.00K	USD	Point-in-time
Authorized 60,000,000 shares, par value $.01 issued and outstanding 43,532,411 shares (2009) and 43,209,432 shares (2008)	`CommonStockValue`	$432.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$119.68M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$121.67M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$312.96M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$316.41M	USD	Point-in-time
Treasury stock, at cost, 16,221,807 shares (2009) and 16,231,761 shares (2008)	`TreasuryStockValue`	$216.44M	USD	Point-in-time
Treasury stock, at cost, 16,221,807 shares (2009) and 16,231,761 shares (2008)	`TreasuryStockValue`	$216.30M	USD	Point-in-time
Accumulated other comprehensive loss, net	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-34.26M	USD	Point-in-time
Accumulated other comprehensive loss, net	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-33.50M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$186.58M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$184.50M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$510.65M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$480.75M	USD	Point-in-time

Income Statement 44 line items

Line Item	Tag	Value	Unit	Period
Revenue	`Revenues`	$169.10M	USD	1 Quarter
Revenue	`Revenues`	$208.77M	USD	1 Quarter
Cost of revenue (exclusive of depreciation and amortization shown below)	`CostOfRevenue`	$138.16M	USD	1 Quarter
Cost of revenue (exclusive of depreciation and amortization shown below)	`CostOfRevenue`	$110.07M	USD	1 Quarter
Selling and administrative (exclusive of depreciation and amortization shown below)	`SellingGeneralAndAdministrativeExpense`	$46.09M	USD	1 Quarter
Selling and administrative (exclusive of depreciation and amortization shown below)	`SellingGeneralAndAdministrativeExpense`	$57.96M	USD	1 Quarter
Depreciation	`Depreciation`	$6.63M	USD	1 Quarter
Depreciation	`Depreciation`	$7.40M	USD	1 Quarter
Amortization	`AmortizationOfIntangibleAssets`	$588.00K	USD	1 Quarter
Amortization	`AmortizationOfIntangibleAssets`	$1.37M	USD	1 Quarter
Restructuring, integration and asset impairment charges	`RestructuringSettlementAndImpairmentProvisions`	$6.58M	USD	1 Quarter
Restructuring, integration and asset impairment charges	`RestructuringSettlementAndImpairmentProvisions`	$2.56M	USD	1 Quarter
Expenses	`CostsAndExpenses`	$205.90M	USD	1 Quarter
Expenses	`CostsAndExpenses`	$171.51M	USD	1 Quarter
Operating (loss) income	`OperatingIncomeLoss`	$-2.40M	USD	1 Quarter
Operating (loss) income	`OperatingIncomeLoss`	$2.87M	USD	1 Quarter
Interest expense	`InterestExpense`	$2.28M	USD	1 Quarter
Interest expense	`InterestExpense`	$867.00K	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$743.00K	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$766.00K	USD	1 Quarter
(Loss) income from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$1.35M	USD	1 Quarter
(Loss) income from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-2.53M	USD	1 Quarter
Income tax benefit (expense)	`IncomeTaxExpenseBenefit`	$64.00K	USD	1 Quarter
Income tax benefit (expense)	`IncomeTaxExpenseBenefit`	$-659.00K	USD	1 Quarter
(Loss) income from continuing operations	`IncomeLossFromContinuingOperations`	$-1.87M	USD	1 Quarter
(Loss) income from continuing operations	`IncomeLossFromContinuingOperations`	$1.29M	USD	1 Quarter
Loss from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-92.00K	USD	1 Quarter
Loss from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-578.00K	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$710.00K	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$-1.96M	USD	1 Quarter
Basic	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.05	USD	1 Quarter
Basic	`IncomeLossFromContinuingOperationsPerBasicShare`	$-0.07	USD	1 Quarter
Diluted	`IncomeLossFromContinuingOperationsPerDilutedShare`	$-0.07	USD	1 Quarter
Diluted	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.05	USD	1 Quarter
Basic	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	$-0.02	USD	1 Quarter
Basic	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	-	USD	1 Quarter
Diluted	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	-	USD	1 Quarter
Diluted	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	$-0.02	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$-0.07	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.03	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$-0.07	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.03	USD	1 Quarter
Dividends per share (2009 dividends were paid in stock, 2008 were paid in cash)	`CommonStockDividendsPerShareDeclared`	$0.06	USD	1 Quarter
Dividends per share (2009 dividends were paid in stock, 2008 were paid in cash)	`CommonStockDividendsPerShareDeclared`	$0.06	USD	1 Quarter

Cash Flow Statement 52 line items

Line Item	Tag	Value	Unit	Period
Net (loss) income	`NetIncomeLoss`	$710.00K	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$-1.96M	USD	1 Quarter
Net loss from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-92.00K	USD	1 Quarter
Net loss from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-578.00K	USD	1 Quarter
Depreciation	`Depreciation`	$6.63M	USD	1 Quarter
Depreciation	`Depreciation`	$7.40M	USD	1 Quarter
Amortization	`AmortizationOfIntangibleAssets`	$588.00K	USD	1 Quarter
Amortization	`AmortizationOfIntangibleAssets`	$1.37M	USD	1 Quarter
Changes in other assets and liabilities, net of acquisitions, discontinued operations and certain non-cash transactions	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-27.38M	USD	1 Quarter
Changes in other assets and liabilities, net of acquisitions, discontinued operations and certain non-cash transactions	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-40.76M	USD	1 Quarter
Net cash used in operating activities of discontinued operations	`CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations`	$-157.00K	USD	1 Quarter
Net cash used in operating activities of discontinued operations	`CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations`	$-1.20M	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-33.46M	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-20.64M	USD	1 Quarter
Purchases of property, plant, and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$3.94M	USD	1 Quarter
Purchases of property, plant, and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$2.80M	USD	1 Quarter
Purchases of marketable securities	`PaymentsToAcquireMarketableSecurities`	$5.00M	USD	1 Quarter
Purchases of marketable securities	`PaymentsToAcquireMarketableSecurities`	-	USD	1 Quarter
Proceeds from the sale of marketable securities and other	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$35.00K	USD	1 Quarter
Proceeds from the sale of marketable securities and other	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$31.63M	USD	1 Quarter
Acquisitions of businesses	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$195.00K	USD	1 Quarter
Acquisitions of businesses	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$47.13M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-24.45M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-2.96M	USD	1 Quarter
Proceeds from borrowings under revolving credit facility, net of debt issuance costs	`ProceedsFromLongTermLinesOfCredit`	$27.98M	USD	1 Quarter
Proceeds from borrowings under revolving credit facility, net of debt issuance costs	`ProceedsFromLongTermLinesOfCredit`	$21.00M	USD	1 Quarter
Payment of borrowings under revolving credit facility and capital lease obligations	`RepaymentsOfLongTermLinesOfCredit`	$5.21M	USD	1 Quarter
Payment of borrowings under revolving credit facility and capital lease obligations	`RepaymentsOfLongTermLinesOfCredit`	$277.00K	USD	1 Quarter
Proceeds from stock options exercised	`ProceedsFromStockOptionsExercised`	$10.00K	USD	1 Quarter
Proceeds from stock options exercised	`ProceedsFromStockOptionsExercised`	-	USD	1 Quarter
Payment of cash dividends	`PaymentsOfDividends`	-	USD	1 Quarter
Payment of cash dividends	`PaymentsOfDividends`	$1.45M	USD	1 Quarter
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$210.00K	USD	1 Quarter
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	-	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$22.77M	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$19.50M	USD	1 Quarter
Effects of exchange rates on cash flows and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-2.96M	USD	1 Quarter
Effects of exchange rates on cash flows and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-283.00K	USD	1 Quarter
Net decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-41.38M	USD	1 Quarter
Net decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-1.11M	USD	1 Quarter
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$11.52M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$64.94M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$10.41M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$23.57M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$11.52M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$64.94M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$10.41M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$23.57M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$196.00K	USD	1 Quarter
Cash paid for interest	`InterestPaidNet`	$377.00K	USD	1 Quarter
Net cash (refunded) paid for income taxes	`IncomeTaxesPaidNet`	$1.16M	USD	1 Quarter
Net cash (refunded) paid for income taxes	`IncomeTaxesPaidNet`	$-9.56M	USD	1 Quarter

Comprehensive Income 10 line items

Line Item	Tag	Value	Unit	Period
Net (loss) income	`NetIncomeLoss`	$710.00K	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$-1.96M	USD	1 Quarter
Amortization of unrecognized pension adjustments, net of taxes of $473 and $132 for 2009 and 2008, respectively	`AmortizationOfUnrecognizedPensionAdjustmentsNetOfTax`	$667.00K	USD	1 Quarter
Amortization of unrecognized pension adjustments, net of taxes of $473 and $132 for 2009 and 2008, respectively	`AmortizationOfUnrecognizedPensionAdjustmentsNetOfTax`	$212.00K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease`	$-350.00K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease`	$-1.43M	USD	1 Quarter
Net unrealized loss from marketable securities during the period, net of taxes of $4 and $111 for 2009 and 2008, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-180.00K	USD	1 Quarter
Net unrealized loss from marketable securities during the period, net of taxes of $4 and $111 for 2009 and 2008, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-5.00K	USD	1 Quarter
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTax`	$-2.73M	USD	1 Quarter
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTax`	$392.00K	USD	1 Quarter

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