10-Q Filing

LEXMARK INTERNATIONAL INC /KY/ CIK: 1001288 Q3 2011

Filing Information

Form Type	10-Q
Accession Number	`0001001288-11-000046`
Period End Date	20110930
Filing Date	20111108
Fiscal Year	2011
Fiscal Period	Q3
XBRL Instance	lxk-20110930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 68 Income Statement 70 Cash Flow Statement 56

Balance Sheet 68 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts, trade receivables	`AllowanceForDoubtfulAccountsReceivableCurrent`	$32.80M	USD	Point-in-time
Allowance for doubtful accounts, trade receivables	`AllowanceForDoubtfulAccountsReceivableCurrent`	$28.70M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$522.40M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$373.90M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$459.30M	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$337.50M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	1.60M	shares	Point-in-time
Marketable securities	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$847.60M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	1.60M	shares	Point-in-time
Marketable securities	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$879.70M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Trade receivables, net of allowances of $28.7 in 2011 and $32.8 in 2010	`AccountsReceivableNetCurrent`	$479.60M	USD	Point-in-time
Trade receivables, net of allowances of $28.7 in 2011 and $32.8 in 2010	`AccountsReceivableNetCurrent`	$468.40M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	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
Inventories	`InventoryNet`	$343.60M	USD	Point-in-time
Inventories	`InventoryNet`	$366.10M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	15.10M	shares	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	19.20M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$206.70M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$259.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.29B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.27B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$880.50M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$904.80M	USD	Point-in-time
Marketable securities	`AvailableForSaleSecuritiesDebtSecuritiesNoncurrent`	$11.50M	USD	Point-in-time
Marketable securities	`AvailableForSaleSecuritiesDebtSecuritiesNoncurrent`	$18.00M	USD	Point-in-time
Goodwill	`Goodwill`	$185.00M	USD	Point-in-time
Goodwill	`Goodwill`	$187.30M	USD	Point-in-time
Intangibles, net	`IntangibleAssetsNetExcludingGoodwill`	$155.30M	USD	Point-in-time
Intangibles, net	`IntangibleAssetsNetExcludingGoodwill`	$138.30M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$170.20M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$173.60M	USD	Point-in-time
Total assets	`Assets`	$3.71B	USD	Point-in-time
Total assets	`Assets`	$3.68B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$535.30M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$491.70M	USD	Point-in-time
Accrued liabilities	`OtherAccruedLiabilitiesCurrent`	$648.00M	USD	Point-in-time
Accrued liabilities	`OtherAccruedLiabilitiesCurrent`	$711.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.25B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.14B	USD	Point-in-time
Long-term debt	`LongTermNotesPayable`	$649.10M	USD	Point-in-time
Long-term debt	`LongTermNotesPayable`	$649.30M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$415.50M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$371.30M	USD	Point-in-time
Total liabilities	`Liabilities`	$2.31B	USD	Point-in-time
Total liabilities	`Liabilities`	$2.16B	USD	Point-in-time
Contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Contingencies	`CommitmentsAndContingencies`	-	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`	$863.20M	USD	Point-in-time
Capital in excess of par	`AdditionalPaidInCapitalCommonStock`	$841.50M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.43B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.18B	USD	Point-in-time
Treasury stock, net; at cost; 19.2 and 15.1 shares in 2011 and 2010, respectively	`TreasuryStockValue`	$529.40M	USD	Point-in-time
Treasury stock, net; at cost; 19.2 and 15.1 shares in 2011 and 2010, respectively	`TreasuryStockValue`	$404.40M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-223.50M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-192.50M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-245.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-206.90M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.52B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.39B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$3.71B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$3.68B	USD	Point-in-time

Income Statement 70 line items

Line Item	Tag	Value	Unit	Period
Revenue	`Revenues`	$3.10B	USD	3 Qtrs
Revenue	`Revenues`	$1.02B	USD	1 Quarter
Revenue	`Revenues`	$1.03B	USD	1 Quarter
Revenue	`Revenues`	$3.11B	USD	3 Qtrs
Cost of revenue	`CostOfRevenue`	$653.20M	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$658.50M	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$1.93B	USD	3 Qtrs
Cost of revenue	`CostOfRevenue`	$1.97B	USD	3 Qtrs
Gross profit	`GrossProfit`	$1.18B	USD	3 Qtrs
Gross profit	`GrossProfit`	$381.70M	USD	1 Quarter
Gross profit	`GrossProfit`	$1.13B	USD	3 Qtrs
Gross profit	`GrossProfit`	$361.20M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$272.40M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$91.40M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$95.00M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$276.30M	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$505.20M	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$560.40M	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$178.10M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$187.30M	USD	1 Quarter
Restructuring and related charges (reversals)	`RestructuringCharges`	$3.00M	USD	3 Qtrs
Restructuring and related charges (reversals)	`RestructuringCharges`	$400.00K	USD	1 Quarter
Restructuring and related charges (reversals)	`RestructuringCharges`	$-1.50M	USD	1 Quarter
Restructuring and related charges (reversals)	`RestructuringCharges`	$-2.30M	USD	3 Qtrs
Operating expense	`OperatingExpenses`	$834.40M	USD	3 Qtrs
Operating expense	`OperatingExpenses`	$268.00M	USD	1 Quarter
Operating expense	`OperatingExpenses`	$282.70M	USD	1 Quarter
Operating expense	`OperatingExpenses`	$780.60M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$99.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$345.40M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$93.20M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$350.10M	USD	3 Qtrs
Interest (income) expense, net	`InterestIncomeExpenseNonoperatingNet`	$-22.30M	USD	3 Qtrs
Interest (income) expense, net	`InterestIncomeExpenseNonoperatingNet`	$-6.50M	USD	1 Quarter
Interest (income) expense, net	`InterestIncomeExpenseNonoperatingNet`	$-7.50M	USD	1 Quarter
Interest (income) expense, net	`InterestIncomeExpenseNonoperatingNet`	$-18.90M	USD	3 Qtrs
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$700.00K	USD	3 Qtrs
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$800.00K	USD	1 Quarter
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$400.00K	USD	1 Quarter
Other (income) expense, net	`OtherNonoperatingIncomeExpense`	$-300.00K	USD	3 Qtrs
Net impairment losses on securities	`OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNetAvailableforsaleSecurities`	$200.00K	USD	3 Qtrs
Net impairment losses on securities	`OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNetAvailableforsaleSecurities`	-	USD	1 Quarter
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$87.50M	USD	1 Quarter
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$328.50M	USD	3 Qtrs
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$326.00M	USD	3 Qtrs
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$91.90M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$73.60M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$24.90M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$15.50M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$76.90M	USD	3 Qtrs
Net earnings	`NetIncomeLoss`	$67.00M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$72.00M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$251.60M	USD	3 Qtrs
Net earnings	`NetIncomeLoss`	$252.40M	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$3.21	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$0.92	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$3.21	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$0.87	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.86	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.90	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$3.17	USD	3 Qtrs
Diluted	`EarningsPerShareDiluted`	$3.18	USD	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	78.60M	shares	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	77.20M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	78.60M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	78.50M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	78.00M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	79.70M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	79.40M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	79.30M	shares	3 Qtrs

Cash Flow Statement 56 line items

Line Item	Tag	Value	Unit	Period
Net earnings	`NetIncomeLoss`	$67.00M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$72.00M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$251.60M	USD	3 Qtrs
Net earnings	`NetIncomeLoss`	$252.40M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$157.60M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$144.10M	USD	3 Qtrs
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$-5.30M	USD	3 Qtrs
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$-2.80M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$13.40M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$19.30M	USD	3 Qtrs
Other	`OtherNoncashIncomeExpense`	$-900.00K	USD	3 Qtrs
Other	`OtherNoncashIncomeExpense`	$-1.10M	USD	3 Qtrs
Trade receivables	`IncreaseDecreaseInAccountsReceivable`	$-11.20M	USD	3 Qtrs
Trade receivables	`IncreaseDecreaseInAccountsReceivable`	$14.70M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-22.50M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$34.60M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-43.60M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$34.50M	USD	3 Qtrs
Accrued liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$39.80M	USD	3 Qtrs
Accrued liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-64.80M	USD	3 Qtrs
Other assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$124.90M	USD	3 Qtrs
Other assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$63.60M	USD	3 Qtrs
Net cash flows provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$227.00M	USD	3 Qtrs
Net cash flows provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$367.10M	USD	3 Qtrs
Purchases of property, plant and equipment	`PaymentsToAcquireProductiveAssets`	$108.20M	USD	3 Qtrs
Purchases of property, plant and equipment	`PaymentsToAcquireProductiveAssets`	$110.90M	USD	3 Qtrs
Purchases of marketable securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$1.13B	USD	3 Qtrs
Purchases of marketable securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$882.90M	USD	3 Qtrs
Proceeds from sales of marketable securities	`ProceedsFromSaleOfAvailableForSaleSecurities`	$1.00B	USD	3 Qtrs
Proceeds from sales of marketable securities	`ProceedsFromSaleOfAvailableForSaleSecurities`	$823.30M	USD	3 Qtrs
Proceeds from maturities of marketable securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$167.60M	USD	3 Qtrs
Proceeds from maturities of marketable securities	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$143.90M	USD	3 Qtrs
Purchases of companies net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$273.50M	USD	3 Qtrs
Proceeds from sales of facilities	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$5.60M	USD	3 Qtrs
Proceeds from sales of facilities	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$4.30M	USD	3 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$-600.00K	USD	3 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$-200.00K	USD	3 Qtrs
Net cash flows used for investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-65.10M	USD	3 Qtrs
Net cash flows used for investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-291.20M	USD	3 Qtrs
Purchase of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$125.00M	USD	3 Qtrs
Repayment of assumed long-term debt	`RepaymentsOfAssumedDebt`	$3.10M	USD	3 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$1.80M	USD	3 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-9.70M	USD	3 Qtrs
Net cash flows used for financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-123.20M	USD	3 Qtrs
Net cash flows used for financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-12.80M	USD	3 Qtrs
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-2.30M	USD	3 Qtrs
Net change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$36.40M	USD	3 Qtrs
Net change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$63.10M	USD	3 Qtrs
Cash and cash equivalents - beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$522.40M	USD	Point-in-time
Cash and cash equivalents - beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$373.90M	USD	Point-in-time
Cash and cash equivalents - beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$459.30M	USD	Point-in-time
Cash and cash equivalents - beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$337.50M	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`	$373.90M	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`	$337.50M	USD	Point-in-time

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