10-Q Filing

MOLEX INC CIK: 67472 Q2 2011

Filing Information

Form Type	10-Q
Accession Number	`0000950123-11-006051`
Period End Date	20101231
Filing Date	20110127
Fiscal Year	2011
Fiscal Period	Q2
XBRL Instance	molx-20101231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 62 Income Statement 74 Cash Flow Statement 61

Balance Sheet 62 line items

Line Item	Tag	Value	Unit	Period
Allowances for accounts receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	$50.39M	USD	Point-in-time
Allowances for accounts receivable	`AllowanceForDoubtfulAccountsReceivableCurrent`	$43.65M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$376.35M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$392.39M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$486.32M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$424.71M	USD	Point-in-time
Marketable securities	`MarketableSecuritiesCurrent`	$18.24M	USD	Point-in-time
Marketable securities	`MarketableSecuritiesCurrent`	$18.51M	USD	Point-in-time
Accounts receivable, less allowances of $50,390 and $43,650 respectively	`AccountsReceivableNetCurrent`	$734.93M	USD	Point-in-time
Accounts receivable, less allowances of $50,390 and $43,650 respectively	`AccountsReceivableNetCurrent`	$759.81M	USD	Point-in-time
Inventories	`InventoryNet`	$559.64M	USD	Point-in-time
Inventories	`InventoryNet`	$469.37M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$114.94M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$112.53M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$55.71M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$64.13M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.78B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.90B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$1.06B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$1.13B	USD	Point-in-time
Goodwill	`Goodwill`	$134.22M	USD	Point-in-time
Goodwill	`Goodwill`	$131.91M	USD	Point-in-time
Non-current deferred income taxes	`DeferredTaxAssetsNetNoncurrent`	$85.22M	USD	Point-in-time
Non-current deferred income taxes	`DeferredTaxAssetsNetNoncurrent`	$94.19M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$180.73M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$179.51M	USD	Point-in-time
Total assets	`Assets`	$3.24B	USD	Point-in-time
Total assets	`Assets`	$3.43B	USD	Point-in-time
Current portion of long-term debt and short-term borrowings	`DebtCurrent`	$110.07M	USD	Point-in-time
Current portion of long-term debt and short-term borrowings	`DebtCurrent`	$107.67M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$395.47M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$377.59M	USD	Point-in-time
Accrual for unauthorized activities in Japan	`AccrualForUnauthorizedActivitiesInCountryOne`	$180.07M	USD	Point-in-time
Accrual for unauthorized activities in Japan	`AccrualForUnauthorizedActivitiesInCountryOne`	$165.81M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$18.84M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$21.50M	USD	Point-in-time
Other	`OtherAccruedLiabilitiesCurrent`	$207.27M	USD	Point-in-time
Other	`OtherAccruedLiabilitiesCurrent`	$219.83M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$891.44M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$912.70M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$19.10M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$19.87M	USD	Point-in-time
Accrued pension and postretirement benefits	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$135.45M	USD	Point-in-time
Accrued pension and postretirement benefits	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$129.42M	USD	Point-in-time
Long-term debt	`LongTermDebtAndCapitalLeaseObligations`	$183.43M	USD	Point-in-time
Long-term debt	`LongTermDebtAndCapitalLeaseObligations`	$198.64M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.25B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.24B	USD	Point-in-time
Common stock	`CommonStockValue`	$11.25M	USD	Point-in-time
Common stock	`CommonStockValue`	$11.21M	USD	Point-in-time
Paid-in capital	`AdditionalPaidInCapitalCommonStock`	$654.31M	USD	Point-in-time
Paid-in capital	`AdditionalPaidInCapitalCommonStock`	$638.80M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.33B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.23B	USD	Point-in-time
Treasury stock	`TreasuryStockValue`	$1.10B	USD	Point-in-time
Treasury stock	`TreasuryStockValue`	$1.10B	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$200.77M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$299.39M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$2.19B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.99B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$3.24B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$3.43B	USD	Point-in-time

Income Statement 74 line items

Line Item	Tag	Value	Unit	Period
Net revenue	`SalesRevenueNet`	$1.40B	USD	2 Qtrs
Net revenue	`SalesRevenueNet`	$729.58M	USD	1 Quarter
Net revenue	`SalesRevenueNet`	$901.47M	USD	1 Quarter
Net revenue	`SalesRevenueNet`	$1.80B	USD	2 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$999.65M	USD	2 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$1.25B	USD	2 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$630.42M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$517.04M	USD	1 Quarter
Gross profit	`GrossProfit`	$212.54M	USD	1 Quarter
Gross profit	`GrossProfit`	$546.12M	USD	2 Qtrs
Gross profit	`GrossProfit`	$403.95M	USD	2 Qtrs
Gross profit	`GrossProfit`	$271.05M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$159.04M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$295.73M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$316.10M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$150.10M	USD	1 Quarter
Restructuring costs and asset impairments	`RestructuringSettlementAndImpairmentProvisions`	$81.53M	USD	2 Qtrs
Restructuring costs and asset impairments	`RestructuringSettlementAndImpairmentProvisions`	$25.64M	USD	1 Quarter
Unauthorized activities in Japan	`UnauthorizedActivitiesInCountryOne`	$2.71M	USD	1 Quarter
Unauthorized activities in Japan	`UnauthorizedActivitiesInCountryOne`	$14.10M	USD	2 Qtrs
Unauthorized activities in Japan	`UnauthorizedActivitiesInCountryOne`	$8.26M	USD	2 Qtrs
Unauthorized activities in Japan	`UnauthorizedActivitiesInCountryOne`	$8.54M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$324.36M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$391.36M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$184.28M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$161.76M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$109.29M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$12.60M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$28.25M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$221.77M	USD	2 Qtrs
Interest (expense) income, net	`InterestExpenseIncomeNet`	$-1.79M	USD	1 Quarter
Interest (expense) income, net	`InterestExpenseIncomeNet`	$-3.12M	USD	2 Qtrs
Interest (expense) income, net	`InterestExpenseIncomeNet`	$-2.29M	USD	2 Qtrs
Interest (expense) income, net	`InterestExpenseIncomeNet`	$-1.29M	USD	1 Quarter
Other income (expense)	`OtherNonoperatingIncomeExpense`	$2.78M	USD	2 Qtrs
Other income (expense)	`OtherNonoperatingIncomeExpense`	$-701.00K	USD	1 Quarter
Other income (expense)	`OtherNonoperatingIncomeExpense`	$4.79M	USD	1 Quarter
Other income (expense)	`OtherNonoperatingIncomeExpense`	$4.44M	USD	2 Qtrs
Total other income (expense)	`NonoperatingIncomeExpense`	$1.32M	USD	2 Qtrs
Total other income (expense)	`NonoperatingIncomeExpense`	$497.00K	USD	2 Qtrs
Total other income (expense)	`NonoperatingIncomeExpense`	$3.00M	USD	1 Quarter
Total other income (expense)	`NonoperatingIncomeExpense`	$-1.99M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$26.27M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$13.09M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$112.29M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$223.08M	USD	2 Qtrs
Income taxes	`IncomeTaxExpenseBenefit`	$69.70M	USD	2 Qtrs
Income taxes	`IncomeTaxExpenseBenefit`	$34.01M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$12.43M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$14.39M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$153.39M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$13.84M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-1.30M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$78.28M	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$-0.01	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$0.08	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.88	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$0.45	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.45	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.88	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$-0.01	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.08	USD	1 Quarter
Dividends declared per share	`CommonStockDividendsPerShareDeclared`	$0.33	USD	2 Qtrs
Dividends declared per share	`CommonStockDividendsPerShareDeclared`	$0.30	USD	2 Qtrs
Dividends declared per share	`CommonStockDividendsPerShareDeclared`	$0.15	USD	1 Quarter
Dividends declared per share	`CommonStockDividendsPerShareDeclared`	$0.17	USD	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	174.51M	shares	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	173.60M	shares	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	173.74M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	174.66M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	174.36M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	174.57M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	175.56M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	175.33M	shares	2 Qtrs

Cash Flow Statement 61 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$153.39M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$13.84M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-1.30M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$78.28M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$120.80M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$121.26M	USD	2 Qtrs
Share-based compensation	`ShareBasedCompensation`	$15.13M	USD	2 Qtrs
Share-based compensation	`ShareBasedCompensation`	$11.46M	USD	2 Qtrs
Non-cash restructuring and other costs, net	`RestructuringCostsAndOtherChargesNet`	$19.92M	USD	2 Qtrs
Other non-cash items	`AdjustmentsNoncashItemsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesOther`	$7.28M	USD	2 Qtrs
Other non-cash items	`AdjustmentsNoncashItemsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesOther`	$27.43M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-3.22M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$58.72M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$67.63M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$18.59M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-36.95M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$9.13M	USD	2 Qtrs
Other current assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-14.69M	USD	2 Qtrs
Other current assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$11.28M	USD	2 Qtrs
Other assets and liabilities	`IncreaseDecreaseInOtherAssetsAndLiabilities`	$-2.18M	USD	2 Qtrs
Other assets and liabilities	`IncreaseDecreaseInOtherAssetsAndLiabilities`	$-12.88M	USD	2 Qtrs
Cash provided from operating activities	`NetCashProvidedByUsedInOperatingActivities`	$141.84M	USD	2 Qtrs
Cash provided from operating activities	`NetCashProvidedByUsedInOperatingActivities`	$182.47M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$93.32M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$132.73M	USD	2 Qtrs
Proceeds from sales of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$1.40M	USD	2 Qtrs
Proceeds from sales of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$6.55M	USD	2 Qtrs
Proceeds from sales or maturities of marketable securities	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$5.20M	USD	2 Qtrs
Proceeds from sales or maturities of marketable securities	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$35.32M	USD	2 Qtrs
Purchases of marketable securities	`PaymentsToAcquireAvailableForSaleSecurities`	$1.49M	USD	2 Qtrs
Purchases of marketable securities	`PaymentsToAcquireAvailableForSaleSecurities`	$3.61M	USD	2 Qtrs
Acquisitions	`PaymentsToAcquireBusinessesGross`	$10.09M	USD	2 Qtrs
Other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$-222.00K	USD	2 Qtrs
Cash used for investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-129.74M	USD	2 Qtrs
Cash used for investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-62.80M	USD	2 Qtrs
Proceeds from revolving credit facility and short term loans	`ProceedsFromShortTermDebt`	$50.00M	USD	2 Qtrs
Proceeds from revolving credit facility and short term loans	`ProceedsFromShortTermDebt`	$110.00M	USD	2 Qtrs
Payments on revolving credit facility	`RepaymentsOfLongTermLinesOfCredit`	$15.00M	USD	2 Qtrs
Payments on revolving credit facility	`RepaymentsOfLongTermLinesOfCredit`	$70.00M	USD	2 Qtrs
Payments of short-term and long-term debt	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$15.34M	USD	2 Qtrs
Payments of short-term and long-term debt	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$36.05M	USD	2 Qtrs
Cash dividends paid	`PaymentsOfDividendsCommonStock`	$52.92M	USD	2 Qtrs
Cash dividends paid	`PaymentsOfDividendsCommonStock`	$53.19M	USD	2 Qtrs
Exercise of stock options	`ProceedsFromStockOptionsExercised`	$1.82M	USD	2 Qtrs
Exercise of stock options	`ProceedsFromStockOptionsExercised`	$991.00K	USD	2 Qtrs
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-1.95M	USD	2 Qtrs
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-1.18M	USD	2 Qtrs
Cash used for financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-54.37M	USD	2 Qtrs
Cash used for financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-28.45M	USD	2 Qtrs
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$17.67M	USD	2 Qtrs
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$11.02M	USD	2 Qtrs
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$16.04M	USD	2 Qtrs
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$61.61M	USD	2 Qtrs
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$376.35M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$392.39M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$486.32M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$424.71M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$376.35M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$392.39M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$486.32M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$424.71M	USD	Point-in-time

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