10-Q Filing

BOWNE & CO INC CIK: 13610 Q1 2010

Filing Information

Form Type	10-Q
Accession Number	`0000950123-10-044167`
Period End Date	20100331
Filing Date	20100505
Fiscal Year	2010
Fiscal Period	Q1
XBRL Instance	bne-20100331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 86 Income Statement 45 Cash Flow Statement 47 Comprehensive Income 10

Balance Sheet 86 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$23.65M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$11.52M	USD	Point-in-time
Allowances for accounts receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	$4.56M	USD	Point-in-time
Allowances for accounts receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	$4.55M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$22.06M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$10.41M	USD	Point-in-time
Accumulated depreciation on property, plant and equipment	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$275.87M	USD	Point-in-time
Marketable securities	`MarketableSecuritiesCurrent`	$228.00K	USD	Point-in-time
Marketable securities	`MarketableSecuritiesCurrent`	$210.00K	USD	Point-in-time
Accumulated depreciation on property, plant and equipment	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$269.49M	USD	Point-in-time
Accounts receivable, less allowances of $4,559 (2010) and $4,554 (2009)	`AccountsReceivableNetCurrent`	$105.07M	USD	Point-in-time
Accounts receivable, less allowances of $4,559 (2010) and $4,554 (2009)	`AccountsReceivableNetCurrent`	$136.22M	USD	Point-in-time
Accumulated amortization on intangible assets	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$12.27M	USD	Point-in-time
Inventories	`InventoryNet`	$26.83M	USD	Point-in-time
Inventories	`InventoryNet`	$38.36M	USD	Point-in-time
Accumulated amortization on intangible assets	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$13.65M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpensesAndOtherCurrentAssets`	$46.70M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpensesAndOtherCurrentAssets`	$38.97M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$237.43M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$200.87M	USD	Point-in-time
Marketable securities, noncurrent	`MarketableSecuritiesNoncurrent`	$2.88M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Marketable securities, noncurrent	`MarketableSecuritiesNoncurrent`	$2.92M	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Property, plant and equipment at cost, less accumulated depreciation of $275,867 (2010) and $269,490 (2009)	`PropertyPlantAndEquipmentNet`	$114.91M	USD	Point-in-time
Property, plant and equipment at cost, less accumulated depreciation of $275,867 (2010) and $269,490 (2009)	`PropertyPlantAndEquipmentNet`	$117.22M	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Goodwill	`Goodwill`	$51.16M	USD	Point-in-time
Goodwill	`Goodwill`	$51.08M	USD	Point-in-time
Intangible assets, less accumulated amortization of $13,646 (2010) and $12,273 (2009)	`FiniteLivedIntangibleAssetsNet`	$35.04M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	60.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	60.00M	shares	Point-in-time
Intangible assets, less accumulated amortization of $13,646 (2010) and $12,273 (2009)	`FiniteLivedIntangibleAssetsNet`	$36.40M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetNoncurrent`	$40.82M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetNoncurrent`	$43.53M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Other	`OtherAssetsNoncurrent`	$9.80M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	44.22M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	44.22M	shares	Point-in-time
Other	`OtherAssetsNoncurrent`	$11.57M	USD	Point-in-time
Total assets	`Assets`	$460.87M	USD	Point-in-time
Total assets	`Assets`	$494.75M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	40.10M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	40.08M	shares	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	4.12M	shares	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	4.13M	shares	Point-in-time
Current portion of long-term debt and capital lease obligations	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$8.56M	USD	Point-in-time
Current portion of long-term debt and capital lease obligations	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$8.58M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$47.24M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$55.45M	USD	Point-in-time
Employee compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$25.57M	USD	Point-in-time
Employee compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$24.13M	USD	Point-in-time
Accrued expenses and other obligations	`AccruedExpensesAndOtherObligations`	$34.97M	USD	Point-in-time
Accrued expenses and other obligations	`AccruedExpensesAndOtherObligations`	$33.50M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$116.35M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$121.67M	USD	Point-in-time
Long-term debt and capital lease obligations - net of current portion	`LongTermDebtAndCapitalLeaseObligations`	$33.63M	USD	Point-in-time
Long-term debt and capital lease obligations - net of current portion	`LongTermDebtAndCapitalLeaseObligations`	$5.72M	USD	Point-in-time
Deferred employee compensation	`DeferredCompensationLiabilityClassifiedNoncurrent`	$66.94M	USD	Point-in-time
Deferred employee compensation	`DeferredCompensationLiabilityClassifiedNoncurrent`	$67.98M	USD	Point-in-time
Deferred rent	`DeferredRentCreditNoncurrent`	$18.81M	USD	Point-in-time
Deferred rent	`DeferredRentCreditNoncurrent`	$18.74M	USD	Point-in-time
Other	`OtherLiabilitiesNoncurrent`	$2.30M	USD	Point-in-time
Other	`OtherLiabilitiesNoncurrent`	$1.58M	USD	Point-in-time
Total liabilities	`Liabilities`	$244.32M	USD	Point-in-time
Total liabilities	`Liabilities`	$209.41M	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 44,216,895 shares and outstanding 40,098,496 shares, net of treasury shares of 4,118,399 (2010); issued 44,216,895 shares and outstanding 40,084,752 shares, net of treasury shares of 4,132,143 (2009)	`CommonStockValue`	$442.00K	USD	Point-in-time
Authorized 60,000,000 shares, par value $.01, issued 44,216,895 shares and outstanding 40,098,496 shares, net of treasury shares of 4,118,399 (2010); issued 44,216,895 shares and outstanding 40,084,752 shares, net of treasury shares of 4,132,143 (2009)	`CommonStockValue`	$442.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$32.70M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$33.22M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$290.16M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$293.04M	USD	Point-in-time
Treasury stock, at cost, 4,118,399 shares (2010) and 4,132,143 shares (2009)	`TreasuryStockValue`	$55.14M	USD	Point-in-time
Treasury stock, at cost, 4,118,399 shares (2010) and 4,132,143 shares (2009)	`TreasuryStockValue`	$54.96M	USD	Point-in-time
Accumulated other comprehensive loss, net	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-19.57M	USD	Point-in-time
Accumulated other comprehensive loss, net	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-18.44M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$250.43M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$251.47M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$494.75M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$460.87M	USD	Point-in-time

Income Statement 45 line items

Line Item	Tag	Value	Unit	Period
Revenue	`Revenues`	$177.06M	USD	1 Quarter
Revenue	`Revenues`	$169.10M	USD	1 Quarter
Cost of revenue (exclusive of depreciation and amortization shown below)	`CostOfRevenue`	$110.07M	USD	1 Quarter
Cost of revenue (exclusive of depreciation and amortization shown below)	`CostOfRevenue`	$114.61M	USD	1 Quarter
Selling and administrative (exclusive of depreciation and amortization shown below)	`SellingGeneralAndAdministrativeExpense`	$46.53M	USD	1 Quarter
Selling and administrative (exclusive of depreciation and amortization shown below)	`SellingGeneralAndAdministrativeExpense`	$46.09M	USD	1 Quarter
Depreciation	`Depreciation`	$7.40M	USD	1 Quarter
Depreciation	`Depreciation`	$6.85M	USD	1 Quarter
Amortization	`AmortizationOfIntangibleAssets`	$1.37M	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`	$4.02M	USD	1 Quarter
Acquisition related expenses	`BusinessCombinationAcquisitionRelatedCosts`	$2.92M	USD	1 Quarter
Total expenses	`CostsAndExpenses`	$176.30M	USD	1 Quarter
Total expenses	`CostsAndExpenses`	$171.51M	USD	1 Quarter
Operating income (loss)	`OperatingIncomeLoss`	$-2.40M	USD	1 Quarter
Operating income (loss)	`OperatingIncomeLoss`	$761.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$979.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$867.00K	USD	1 Quarter
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$743.00K	USD	1 Quarter
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$-321.00K	USD	1 Quarter
Loss from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-2.53M	USD	1 Quarter
Loss from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-539.00K	USD	1 Quarter
Income tax benefit	`IncomeTaxExpenseBenefit`	$-659.00K	USD	1 Quarter
Income tax benefit	`IncomeTaxExpenseBenefit`	$-106.00K	USD	1 Quarter
Loss from continuing operations	`IncomeLossFromContinuingOperations`	$-433.00K	USD	1 Quarter
Loss from continuing operations	`IncomeLossFromContinuingOperations`	$-1.87M	USD	1 Quarter
Loss from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$-145.00K	USD	1 Quarter
Loss from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$-92.00K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-578.00K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-1.96M	USD	1 Quarter
Basic	`IncomeLossFromContinuingOperationsPerBasicShare`	$-0.01	USD	1 Quarter
Basic	`IncomeLossFromContinuingOperationsPerBasicShare`	$-0.07	USD	1 Quarter
Diluted	`IncomeLossFromContinuingOperationsPerDilutedShare`	$-0.07	USD	1 Quarter
Diluted	`IncomeLossFromContinuingOperationsPerDilutedShare`	$-0.01	USD	1 Quarter
Basic	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	-	USD	1 Quarter
Basic	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	-	USD	1 Quarter
Diluted	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	-	USD	1 Quarter
Diluted	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	-	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$-0.07	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$-0.01	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$-0.07	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$-0.01	USD	1 Quarter
Dividends per share (2010 dividends were paid in cash, 2009 were paid in stock)	`CommonStockDividendsPerShareCashPaid`	$0.06	USD	1 Quarter
Dividends per share (2010 dividends were paid in cash, 2009 were paid in stock)	`CommonStockDividendsPerShareCashPaid`	$0.06	USD	1 Quarter

Cash Flow Statement 47 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-578.00K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-1.96M	USD	1 Quarter
Net loss from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$-145.00K	USD	1 Quarter
Net loss from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$-92.00K	USD	1 Quarter
Depreciation	`Depreciation`	$7.40M	USD	1 Quarter
Depreciation	`Depreciation`	$6.85M	USD	1 Quarter
Amortization	`AmortizationOfIntangibleAssets`	$1.37M	USD	1 Quarter
Amortization	`AmortizationOfIntangibleAssets`	$1.37M	USD	1 Quarter
Asset impairment	`AssetImpairmentCharges`	$1.98M	USD	1 Quarter
Asset impairment	`AssetImpairmentCharges`	$287.00K	USD	1 Quarter
Changes in other assets and liabilities, net of acquisitions, discontinued operations and certain non-cash transactions	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-27.67M	USD	1 Quarter
Changes in other assets and liabilities, net of acquisitions, discontinued operations and certain non-cash transactions	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-27.56M	USD	1 Quarter
Net cash used in operating activities of discontinued operations	`CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations`	$-307.00K	USD	1 Quarter
Net cash used in operating activities of discontinued operations	`CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations`	$-157.00K	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-20.64M	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-18.11M	USD	1 Quarter
Purchases of property, plant, and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$2.80M	USD	1 Quarter
Purchases of property, plant, and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$5.69M	USD	1 Quarter
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$-22.00K	USD	1 Quarter
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$160.00K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-5.67M	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 (2009)	`ProceedsFromLongTermLinesOfCredit`	$27.98M	USD	1 Quarter
Proceeds from borrowings under revolving credit facility, net of debt issuance costs (2009)	`ProceedsFromLongTermLinesOfCredit`	$28.00M	USD	1 Quarter
Payment of borrowings under revolving credit facility and capital lease obligations	`RepaymentsOfLongTermDebt`	$196.00K	USD	1 Quarter
Payment of borrowings under revolving credit facility and capital lease obligations	`RepaymentsOfLongTermDebt`	$5.21M	USD	1 Quarter
Payment of cash dividends	`PaymentsOfDividends`	$2.30M	USD	1 Quarter
Proceeds from stock options exercised	`ProceedsFromStockOptionsExercised`	$12.00K	USD	1 Quarter
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$10.00K	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$22.77M	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$25.53M	USD	1 Quarter
Effects of exchange rates on cash flows and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-283.00K	USD	1 Quarter
Effects of exchange rates on cash flows and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-162.00K	USD	1 Quarter
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-1.11M	USD	1 Quarter
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$1.59M	USD	1 Quarter
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$23.65M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$11.52M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$22.06M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$10.41M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$23.65M	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`	$22.06M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$10.41M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$196.00K	USD	1 Quarter
Cash paid for interest	`InterestPaidNet`	$478.00K	USD	1 Quarter
Net cash refunded for income taxes	`IncomeTaxesPaidNet`	$-9.56M	USD	1 Quarter
Net cash refunded for income taxes	`IncomeTaxesPaidNet`	$-7.72M	USD	1 Quarter

Comprehensive Income 10 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-578.00K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-1.96M	USD	1 Quarter
Amortization of unrecognized pension adjustments, net of taxes of $394 and $473 for 2010 and 2009, respectively	`RecognitionOfUnrecognizedPensionAdjustmentsNetOfTaxes`	$555.00K	USD	1 Quarter
Amortization of unrecognized pension adjustments, net of taxes of $394 and $473 for 2010 and 2009, respectively	`RecognitionOfUnrecognizedPensionAdjustmentsNetOfTaxes`	$667.00K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease`	$-1.43M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease`	$594.00K	USD	1 Quarter
Net unrealized loss from marketable securities during the period, net of taxes of $13 and $4 for 2010 and 2009, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-18.00K	USD	1 Quarter
Net unrealized loss from marketable securities during the period, net of taxes of $13 and $4 for 2010 and 2009, respectively	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-5.00K	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-2.73M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$553.00K	USD	1 Quarter

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