10-Q Filing

LEXMARK INTERNATIONAL INC /KY/ CIK: 1001288 Q3 2010

Filing Information

Form Type	10-Q
Accession Number	`0001001288-10-000038`
Period End Date	20100930
Filing Date	20101103
Fiscal Year	2010
Fiscal Period	Q3
XBRL Instance	lxk-20100930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 64 Income Statement 71 Cash Flow Statement 59

Balance Sheet 64 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts, Trade receivables	`AllowanceForDoubtfulAccountsReceivableCurrent`	$28.00M	USD	Point-in-time
Allowance for doubtful accounts, Trade receivables	`AllowanceForDoubtfulAccountsReceivableCurrent`	$33.70M	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$459.30M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$279.20M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$522.40M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$250.50M	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	1.60M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	1.60M	shares	Point-in-time
Marketable securities	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$597.00M	USD	Point-in-time
Marketable securities	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$673.20M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Trade receivables, net of allowances of $28.0 in 2010 and $33.7 in 2009	`AccountsReceivableNetCurrent`	$424.90M	USD	Point-in-time
Trade receivables, net of allowances of $28.0 in 2010 and $33.7 in 2009	`AccountsReceivableNetCurrent`	$465.80M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Inventories	`InventoryNet`	$391.90M	USD	Point-in-time
Inventories	`InventoryNet`	$357.30M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	15.10M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpensesAndOtherCurrentAssets`	$263.60M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpensesAndOtherCurrentAssets`	$226.00M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	15.10M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$2.24B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.14B	USD	Point-in-time
Property, plant and equipment, net	`TangibleAssetsAndCapitalizedSoftware`	$896.50M	USD	Point-in-time
Property, plant and equipment, net	`TangibleAssetsAndCapitalizedSoftware`	$914.90M	USD	Point-in-time
Marketable securities	`AvailableForSaleSecuritiesDebtSecuritiesNoncurrent`	$17.30M	USD	Point-in-time
Marketable securities	`AvailableForSaleSecuritiesDebtSecuritiesNoncurrent`	$22.00M	USD	Point-in-time
Goodwill	`Goodwill`	$180.80M	USD	Point-in-time
Goodwill	`Goodwill`	$23.70M	USD	Point-in-time
Intangibles, net	`IntangibleAssetsNetExcludingGoodwill`	$161.60M	USD	Point-in-time
Intangibles, net	`IntangibleAssetsNetExcludingGoodwill`	$19.80M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$233.10M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$166.20M	USD	Point-in-time
Total assets	`Assets`	$3.66B	USD	Point-in-time
Total assets	`Assets`	$3.35B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$547.10M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$510.10M	USD	Point-in-time
Accrued liabilities	`OtherLiabilitiesCurrent`	$681.70M	USD	Point-in-time
Accrued liabilities	`OtherLiabilitiesCurrent`	$714.50M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.19B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.26B	USD	Point-in-time
Long-term debt	`LongTermNotesPayable`	$648.90M	USD	Point-in-time
Long-term debt	`LongTermNotesPayable`	$649.10M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$499.90M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$456.40M	USD	Point-in-time
Total liabilities	`Liabilities`	$2.34B	USD	Point-in-time
Total liabilities	`Liabilities`	$2.37B	USD	Point-in-time
Preferred stock, $.01 par value, 1.6 shares authorized; no shares issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $.01 par value, 1.6 shares authorized; no shares issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Capital in excess of par	`AdditionalPaidInCapitalCommonStock`	$832.10M	USD	Point-in-time
Capital in excess of par	`AdditionalPaidInCapitalCommonStock`	$820.00M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.09B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$839.80M	USD	Point-in-time
Treasury stock, net; at cost; 15.1 shares in 2010 and 2009	`TreasuryStockValue`	$404.50M	USD	Point-in-time
Treasury stock, net; at cost; 15.1 shares in 2010 and 2009	`TreasuryStockValue`	$404.50M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-224.70M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-242.60M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.01B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.30B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$3.66B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$3.35B	USD	Point-in-time

Income Statement 71 line items

Line Item	Tag	Value	Unit	Period
Revenue	`Revenues`	$3.10B	USD	3 Qtrs
Revenue	`Revenues`	$2.81B	USD	3 Qtrs
Revenue	`Revenues`	$958.00M	USD	1 Quarter
Revenue	`Revenues`	$1.02B	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$1.88B	USD	3 Qtrs
Cost of revenue	`CostOfRevenue`	$658.50M	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$645.10M	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$1.97B	USD	3 Qtrs
Gross profit	`GrossProfit`	$312.90M	USD	1 Quarter
Gross profit	`GrossProfit`	$1.13B	USD	3 Qtrs
Gross profit	`GrossProfit`	$927.10M	USD	3 Qtrs
Gross profit	`GrossProfit`	$361.20M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$282.00M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$91.40M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$91.70M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$272.40M	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$505.20M	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$474.40M	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$178.10M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$160.50M	USD	1 Quarter
Restructuring and related charges (reversals)	`RestructuringCharges`	$3.00M	USD	3 Qtrs
Restructuring and related charges (reversals)	`RestructuringCharges`	$44.40M	USD	3 Qtrs
Restructuring and related charges (reversals)	`RestructuringCharges`	$-1.50M	USD	1 Quarter
Restructuring and related charges (reversals)	`RestructuringCharges`	$36.70M	USD	1 Quarter
Operating expense	`OperatingExpenses`	$288.90M	USD	1 Quarter
Operating expense	`OperatingExpenses`	$800.80M	USD	3 Qtrs
Operating expense	`OperatingExpenses`	$780.60M	USD	3 Qtrs
Operating expense	`OperatingExpenses`	$268.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$24.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$345.40M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$93.20M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$126.30M	USD	3 Qtrs
Interest (income) expense, net	`InterestIncomeExpenseNetNonoperating`	$6.50M	USD	1 Quarter
Interest (income) expense, net	`InterestIncomeExpenseNetNonoperating`	$14.90M	USD	3 Qtrs
Interest (income) expense, net	`InterestIncomeExpenseNetNonoperating`	$4.80M	USD	1 Quarter
Interest (income) expense, net	`InterestIncomeExpenseNetNonoperating`	$18.90M	USD	3 Qtrs
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$-4.30M	USD	1 Quarter
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$800.00K	USD	1 Quarter
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$-300.00K	USD	3 Qtrs
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$-4.20M	USD	3 Qtrs
Net impairment losses on securities	`OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet`	$2.40M	USD	3 Qtrs
Net impairment losses on securities	`OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet`	$200.00K	USD	3 Qtrs
Net impairment losses on securities	`OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet`	$1.60M	USD	1 Quarter
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$326.00M	USD	3 Qtrs
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$13.30M	USD	1 Quarter
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$87.50M	USD	1 Quarter
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$104.80M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$73.60M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$3.30M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$15.50M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$18.60M	USD	3 Qtrs
Net earnings	`NetIncomeLoss`	$86.20M	USD	3 Qtrs
Net earnings	`NetIncomeLoss`	$72.00M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$252.40M	USD	3 Qtrs
Net earnings	`NetIncomeLoss`	$10.00M	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.13	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$3.21	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$0.92	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$1.10	USD	3 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.90	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$3.18	USD	3 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.13	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$1.10	USD	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	78.60M	shares	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	78.20M	shares	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	78.30M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	78.60M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	78.60M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	78.50M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	79.40M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	79.70M	shares	1 Quarter

Cash Flow Statement 59 line items

Line Item	Tag	Value	Unit	Period
Net earnings	`NetIncomeLoss`	$86.20M	USD	3 Qtrs
Net earnings	`NetIncomeLoss`	$72.00M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$252.40M	USD	3 Qtrs
Net earnings	`NetIncomeLoss`	$10.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$144.10M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$157.70M	USD	3 Qtrs
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$-5.30M	USD	3 Qtrs
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$-5.90M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$15.00M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$13.40M	USD	3 Qtrs
Tax shortfall from employee stock plans	`TaxShortfallFromEmployeeStockPlans`	$5.00M	USD	3 Qtrs
Tax shortfall from employee stock plans	`TaxShortfallFromEmployeeStockPlans`	$2.00M	USD	3 Qtrs
Gain on sale of facilities	`GainLossOnSaleOfPropertyPlantEquipment`	$500.00K	USD	3 Qtrs
Other	`AdjustmentsNoncashItemsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesOther`	$-3.60M	USD	3 Qtrs
Other	`AdjustmentsNoncashItemsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesOther`	$-4.90M	USD	3 Qtrs
Trade receivables	`IncreaseDecreaseInAccountsReceivable`	$-15.90M	USD	3 Qtrs
Trade receivables	`IncreaseDecreaseInAccountsReceivable`	$-14.70M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$95.60M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-34.60M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-34.50M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$76.70M	USD	3 Qtrs
Accrued liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$39.80M	USD	3 Qtrs
Accrued liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-51.50M	USD	3 Qtrs
Other assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-63.60M	USD	3 Qtrs
Other assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-58.80M	USD	3 Qtrs
Net cash flows provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$367.10M	USD	3 Qtrs
Net cash flows provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$145.60M	USD	3 Qtrs
Purchases of property, plant and equipment	`PaymentsToAcquireProductiveAssets`	$197.50M	USD	3 Qtrs
Purchases of property, plant and equipment	`PaymentsToAcquireProductiveAssets`	$108.20M	USD	3 Qtrs
Purchases of marketable securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$882.90M	USD	3 Qtrs
Purchases of marketable securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$571.70M	USD	3 Qtrs
Proceeds from sales/maturities of marketable securities	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$967.20M	USD	3 Qtrs
Proceeds from sales/maturities of marketable securities	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$611.90M	USD	3 Qtrs
Purchases of companies net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$273.50M	USD	3 Qtrs
Purchases of companies net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$10.70M	USD	3 Qtrs
Proceeds from sales of facilities	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$5.60M	USD	3 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$1.70M	USD	3 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$-600.00K	USD	3 Qtrs
Net cash flows used for investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-291.20M	USD	3 Qtrs
Net cash flows used for investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-169.70M	USD	3 Qtrs
Decrease in short term debt	`ProceedsFromRepaymentsOfShortTermDebt`	$-6.60M	USD	3 Qtrs
Repayment of long term debt	`RepaymentsOfAssumedDebt`	$3.10M	USD	3 Qtrs
Proceeds from employee stock plans	`ProceedsFromStockOptionsExercised`	$500.00K	USD	3 Qtrs
Tax windfall from employee stock plans	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$100.00K	USD	3 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-600.00K	USD	3 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-10.30M	USD	3 Qtrs
Net cash flows used for financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-7.20M	USD	3 Qtrs
Net cash flows used for financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-12.80M	USD	3 Qtrs
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$2.60M	USD	3 Qtrs
Net change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-28.70M	USD	3 Qtrs
Net change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$63.10M	USD	3 Qtrs
Cash and cash equivalents - beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$459.30M	USD	Point-in-time
Cash and cash equivalents - beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$279.20M	USD	Point-in-time
Cash and cash equivalents - beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$522.40M	USD	Point-in-time
Cash and cash equivalents - beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$250.50M	USD	Point-in-time
Cash and cash equivalents - end of period	`CashAndCashEquivalentsAtCarryingValue`	$459.30M	USD	Point-in-time
Cash and cash equivalents - end of period	`CashAndCashEquivalentsAtCarryingValue`	$279.20M	USD	Point-in-time
Cash and cash equivalents - end of period	`CashAndCashEquivalentsAtCarryingValue`	$522.40M	USD	Point-in-time
Cash and cash equivalents - end of period	`CashAndCashEquivalentsAtCarryingValue`	$250.50M	USD	Point-in-time

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