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10-Q Filing

LEXMARK INTERNATIONAL INC /KY/ CIK: 1001288 Q1 2012
Filing Information
Form Type 10-Q
Accession Number 0001001288-12-000021
Period End Date 20120331
Filing Date 20120509
Fiscal Year 2012
Fiscal Period Q1
XBRL Instance lxk-20120331.xml
Filing Contents
Balance Sheet 66 line items
Line Item Tag Value Unit Period
Trade receivables, allowances AllowanceForDoubtfulAccountsReceivableCurrent $27.30M USD Point-in-time
Trade receivables, allowances AllowanceForDoubtfulAccountsReceivableCurrent $28.00M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $356.10M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $337.50M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $308.80M USD Point-in-time
Preferred stock, par value PreferredStockParOrStatedValuePerShare $0.01 USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $186.20M 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
Marketable securities AvailableForSaleSecuritiesDebtSecuritiesCurrent $763.20M USD Point-in-time
Preferred stock, shares authorized PreferredStockSharesAuthorized 1.60M shares Point-in-time
Marketable securities AvailableForSaleSecuritiesDebtSecuritiesCurrent $793.30M USD Point-in-time
Preferred stock, shares issued PreferredStockSharesIssued 0.00 shares Point-in-time
Trade receivables, net of allowances of $27.3 in 2012 and $28.0 in 2011 AccountsReceivableNetCurrent $457.80M USD Point-in-time
Preferred stock, shares issued PreferredStockSharesIssued 0.00 shares Point-in-time
Trade receivables, net of allowances of $27.3 in 2012 and $28.0 in 2011 AccountsReceivableNetCurrent $474.30M 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
Inventories InventoryNet $328.60M USD Point-in-time
Inventories InventoryNet $335.50M USD Point-in-time
Treasury stock, shares TreasuryStockShares 23.80M shares Point-in-time
Prepaid expenses and other current assets PrepaidExpenseAndOtherAssetsCurrent $243.50M USD Point-in-time
Prepaid expenses and other current assets PrepaidExpenseAndOtherAssetsCurrent $266.10M USD Point-in-time
Treasury stock, shares TreasuryStockShares 23.00M shares Point-in-time
Total current assets AssetsCurrent $2.21B USD Point-in-time
Total current assets AssetsCurrent $2.00B USD Point-in-time
Property, plant and equipment, net PropertyPlantAndEquipmentNet $888.80M USD Point-in-time
Property, plant and equipment, net PropertyPlantAndEquipmentNet $882.10M USD Point-in-time
Marketable securities AvailableForSaleSecuritiesDebtSecuritiesNoncurrent $11.70M USD Point-in-time
Marketable securities AvailableForSaleSecuritiesDebtSecuritiesNoncurrent $11.50M USD Point-in-time
Goodwill Goodwill $370.90M USD Point-in-time
Goodwill Goodwill $216.40M USD Point-in-time
Intangibles, net IntangibleAssetsNetExcludingGoodwill $151.20M USD Point-in-time
Intangibles, net IntangibleAssetsNetExcludingGoodwill $230.80M USD Point-in-time
Other assets OtherAssetsNoncurrent $160.30M USD Point-in-time
Other assets OtherAssetsNoncurrent $167.00M USD Point-in-time
Total assets Assets $3.64B USD Point-in-time
Total assets Assets $3.66B USD Point-in-time
Accounts payable AccountsPayableCurrent $473.30M USD Point-in-time
Accounts payable AccountsPayableCurrent $486.50M USD Point-in-time
Accrued liabilities OtherAccruedLiabilitiesCurrent $603.30M USD Point-in-time
Accrued liabilities OtherAccruedLiabilitiesCurrent $636.80M USD Point-in-time
Total current liabilities LiabilitiesCurrent $1.08B USD Point-in-time
Total current liabilities LiabilitiesCurrent $1.12B USD Point-in-time
Long-term debt LongTermNotesPayable $649.30M USD Point-in-time
Long-term debt LongTermNotesPayable $649.40M USD Point-in-time
Other liabilities LiabilitiesOtherThanLongtermDebtNoncurrent $484.60M USD Point-in-time
Other liabilities LiabilitiesOtherThanLongtermDebtNoncurrent $472.70M USD Point-in-time
Total liabilities Liabilities $2.21B USD Point-in-time
Total liabilities Liabilities $2.25B 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 $879.20M USD Point-in-time
Capital in excess of par AdditionalPaidInCapitalCommonStock $866.60M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $1.48B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $1.52B USD Point-in-time
Treasury stock, net; at cost; 23.8 and 23.0 shares in 2012 and 2011, respectively TreasuryStockValue $684.40M USD Point-in-time
Treasury stock, net; at cost; 23.8 and 23.0 shares in 2012 and 2011, respectively TreasuryStockValue $654.40M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-303.70M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-272.80M USD Point-in-time
Total stockholders' equity StockholdersEquity $1.39B USD Point-in-time
Total stockholders' equity StockholdersEquity $1.45B USD Point-in-time
Total liabilities and stockholders' equity LiabilitiesAndStockholdersEquity $3.64B USD Point-in-time
Total liabilities and stockholders' equity LiabilitiesAndStockholdersEquity $3.66B USD Point-in-time
Income Statement 35 line items
Line Item Tag Value Unit Period
Revenue Revenues $1.03B USD 1 Quarter
Revenue Revenues $992.50M USD 1 Quarter
Cost of revenue CostOfRevenue $645.00M USD 1 Quarter
Cost of revenue CostOfRevenue $611.10M USD 1 Quarter
Gross profit GrossProfit $389.40M USD 1 Quarter
Gross profit GrossProfit $381.40M USD 1 Quarter
Research and development ResearchAndDevelopmentExpense $96.70M USD 1 Quarter
Research and development ResearchAndDevelopmentExpense $90.90M USD 1 Quarter
Selling, general and administrative SellingGeneralAndAdministrativeExpense $190.60M USD 1 Quarter
Selling, general and administrative SellingGeneralAndAdministrativeExpense $186.90M USD 1 Quarter
Restructuring and related charges (reversals) RestructuringCharges $4.70M USD 1 Quarter
Restructuring and related charges (reversals) RestructuringCharges $-1.60M USD 1 Quarter
Operating expense OperatingExpenses $276.20M USD 1 Quarter
Operating expense OperatingExpenses $292.00M USD 1 Quarter
Operating income OperatingIncomeLoss $113.20M USD 1 Quarter
Operating income OperatingIncomeLoss $89.40M USD 1 Quarter
Interest (income) expense, net InterestIncomeExpenseNonoperatingNet $-7.10M USD 1 Quarter
Interest (income) expense, net InterestIncomeExpenseNonoperatingNet $-7.50M USD 1 Quarter
Other (income) expense, net OtherNonoperatingIncomeExpense $-200.00K USD 1 Quarter
Other (income) expense, net OtherNonoperatingIncomeExpense $-100.00K USD 1 Quarter
Earnings before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $82.10M USD 1 Quarter
Earnings before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $105.60M USD 1 Quarter
Provision for income taxes IncomeTaxExpenseBenefit $21.30M USD 1 Quarter
Provision for income taxes IncomeTaxExpenseBenefit $22.30M USD 1 Quarter
Net earnings NetIncomeLoss $60.80M USD 1 Quarter
Net earnings NetIncomeLoss $83.30M USD 1 Quarter
Basic EarningsPerShareBasic $1.06 USD 1 Quarter
Basic EarningsPerShareBasic $0.85 USD 1 Quarter
Diluted EarningsPerShareDiluted $1.04 USD 1 Quarter
Diluted EarningsPerShareDiluted $0.84 USD 1 Quarter
Basic WeightedAverageNumberOfSharesOutstandingBasic 78.90M shares 1 Quarter
Basic WeightedAverageNumberOfSharesOutstandingBasic 71.20M shares 1 Quarter
Diluted WeightedAverageNumberOfDilutedSharesOutstanding 72.30M shares 1 Quarter
Diluted WeightedAverageNumberOfDilutedSharesOutstanding 79.80M shares 1 Quarter
Cash dividends declared per common share CommonStockDividendsPerShareDeclared $0.25 USD 1 Quarter
Cash Flow Statement 53 line items
Line Item Tag Value Unit Period
Net earnings NetIncomeLoss $60.80M USD 1 Quarter
Net earnings NetIncomeLoss $83.30M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $51.40M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $61.70M USD 1 Quarter
Deferred taxes DeferredIncomeTaxExpenseBenefit $-900.00K USD 1 Quarter
Deferred taxes DeferredIncomeTaxExpenseBenefit $-2.40M USD 1 Quarter
Stock-based compensation expense ShareBasedCompensation $5.80M USD 1 Quarter
Stock-based compensation expense ShareBasedCompensation $4.90M USD 1 Quarter
Other OtherNoncashIncomeExpense $-2.50M USD 1 Quarter
Other OtherNoncashIncomeExpense $-1.50M USD 1 Quarter
Trade receivables IncreaseDecreaseInAccountsReceivable $2.60M USD 1 Quarter
Trade receivables IncreaseDecreaseInAccountsReceivable $8.40M USD 1 Quarter
Inventories IncreaseDecreaseInInventories $-6.90M USD 1 Quarter
Inventories IncreaseDecreaseInInventories $-1.30M USD 1 Quarter
Accounts payable IncreaseDecreaseInAccountsPayable $-16.90M USD 1 Quarter
Accounts payable IncreaseDecreaseInAccountsPayable $29.00M USD 1 Quarter
Accrued liabilities IncreaseDecreaseInOtherOperatingLiabilities $-59.90M USD 1 Quarter
Accrued liabilities IncreaseDecreaseInOtherOperatingLiabilities $-47.10M USD 1 Quarter
Other assets and liabilities IncreaseDecreaseInOtherOperatingCapitalNet $-29.60M USD 1 Quarter
Other assets and liabilities IncreaseDecreaseInOtherOperatingCapitalNet $23.20M USD 1 Quarter
Net cash flows provided by operating activities NetCashProvidedByUsedInOperatingActivities $92.10M USD 1 Quarter
Net cash flows provided by operating activities NetCashProvidedByUsedInOperatingActivities $85.20M USD 1 Quarter
Purchases of property, plant and equipment PaymentsToAcquireProductiveAssets $36.30M USD 1 Quarter
Purchases of property, plant and equipment PaymentsToAcquireProductiveAssets $48.20M USD 1 Quarter
Purchases of marketable securities PaymentsToAcquireAvailableForSaleSecuritiesDebt $404.00M USD 1 Quarter
Purchases of marketable securities PaymentsToAcquireAvailableForSaleSecuritiesDebt $370.40M USD 1 Quarter
Proceeds from sales of marketable securities ProceedsFromSaleOfAvailableForSaleSecurities $258.00M USD 1 Quarter
Proceeds from sales of marketable securities ProceedsFromSaleOfAvailableForSaleSecurities $321.40M USD 1 Quarter
Proceeds from maturities of marketable securities ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities $83.10M USD 1 Quarter
Proceeds from maturities of marketable securities ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities $65.50M USD 1 Quarter
Purchases of business, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $204.70M USD 1 Quarter
Net cash flows used for investing activities NetCashProvidedByUsedInInvestingActivities $-116.80M USD 1 Quarter
Net cash flows used for investing activities NetCashProvidedByUsedInInvestingActivities $-218.80M USD 1 Quarter
Repayment of assumed debt RepaymentsOfDebtAssumed $4.30M USD 1 Quarter
Payment of cash dividend PaymentsOfDividendsCommonStock $17.80M USD 1 Quarter
Purchase of treasury stock PaymentsForRepurchaseOfCommonStock $30.00M USD 1 Quarter
Proceeds from employee stock plans ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions $5.80M USD 1 Quarter
Other ProceedsFromPaymentsForOtherFinancingActivities $2.20M USD 1 Quarter
Other ProceedsFromPaymentsForOtherFinancingActivities $1.70M USD 1 Quarter
Net cash flows (used for) provided by financing activities NetCashProvidedByUsedInFinancingActivities $-44.60M USD 1 Quarter
Net cash flows (used for) provided by financing activities NetCashProvidedByUsedInFinancingActivities $2.20M USD 1 Quarter
Effect of exchange rate changes on cash EffectOfExchangeRateOnCashAndCashEquivalents $700.00K USD 1 Quarter
Effect of exchange rate changes on cash EffectOfExchangeRateOnCashAndCashEquivalents $1.40M USD 1 Quarter
Net change in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $-28.70M USD 1 Quarter
Net change in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $-169.90M USD 1 Quarter
Cash and cash equivalents - beginning of period CashAndCashEquivalentsAtCarryingValue $356.10M USD Point-in-time
Cash and cash equivalents - beginning of period CashAndCashEquivalentsAtCarryingValue $337.50M USD Point-in-time
Cash and cash equivalents - beginning of period CashAndCashEquivalentsAtCarryingValue $308.80M USD Point-in-time
Cash and cash equivalents - beginning of period CashAndCashEquivalentsAtCarryingValue $186.20M USD Point-in-time
Cash and cash equivalents - end of period CashAndCashEquivalentsAtCarryingValue $356.10M USD Point-in-time
Cash and cash equivalents - end of period CashAndCashEquivalentsAtCarryingValue $337.50M USD Point-in-time
Cash and cash equivalents - end of period CashAndCashEquivalentsAtCarryingValue $308.80M USD Point-in-time
Cash and cash equivalents - end of period CashAndCashEquivalentsAtCarryingValue $186.20M USD Point-in-time
Comprehensive Income 12 line items
Line Item Tag Value Unit Period
Net earnings NetIncomeLoss $60.80M USD 1 Quarter
Net earnings NetIncomeLoss $83.30M USD 1 Quarter
Foreign currency translation adjustment OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease $23.00M USD 1 Quarter
Foreign currency translation adjustment OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease $14.60M USD 1 Quarter
Pension or other postretirement benefits OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPeriodIncreaseDecrease $2.10M USD 1 Quarter
Pension or other postretirement benefits OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPeriodIncreaseDecrease $6.30M USD 1 Quarter
Net unrealized gain (loss) on marketable securities - OTTI OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities $100.00K USD 1 Quarter
Net unrealized gain (loss) on marketable securities - OTTI OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities $-100.00K USD 1 Quarter
Net unrealized gain (loss) on marketable securities OtherComprehensiveIncomeAvailableForSaleSecuritiesAdjustmentNetOfTaxPeriodIncreaseDecrease $-200.00K USD 1 Quarter
Net unrealized gain (loss) on marketable securities OtherComprehensiveIncomeAvailableForSaleSecuritiesAdjustmentNetOfTaxPeriodIncreaseDecrease $1.70M USD 1 Quarter
Comprehensive earnings ComprehensiveIncomeNetOfTax $99.90M USD 1 Quarter
Comprehensive earnings ComprehensiveIncomeNetOfTax $91.70M USD 1 Quarter

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

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