10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001001288-13-000018 |
| Period End Date | 20130331 |
| Filing Date | 20130509 |
| Fiscal Year | 2013 |
| Fiscal Period | Q1 |
| XBRL Instance | lxk-20130331.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
67 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Trade receivables, allowances |
AllowanceForDoubtfulAccountsReceivableCurrent
|
$23.60M | USD | Point-in-time |
| Trade receivables, allowances |
AllowanceForDoubtfulAccountsReceivableCurrent
|
$18.50M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$356.10M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$212.40M | USD | Point-in-time |
| Preferred stock, par value |
PreferredStockParOrStatedValuePerShare
|
$0.01 | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$149.70M | 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 |
| Marketable securities |
AvailableForSaleSecuritiesDebtSecuritiesCurrent
|
$693.40M | USD | Point-in-time |
| Marketable securities |
AvailableForSaleSecuritiesDebtSecuritiesCurrent
|
$730.30M | 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 |
| Trade receivables, net of allowances of $18.5 in 2013 and $23.6 in 2012 |
AccountsReceivableNetCurrent
|
$493.50M | USD | Point-in-time |
| Preferred stock, shares issued |
PreferredStockSharesIssued
|
0.00 | shares | Point-in-time |
| Trade receivables, net of allowances of $18.5 in 2013 and $23.6 in 2012 |
AccountsReceivableNetCurrent
|
$523.60M | 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 |
| Inventories |
InventoryNet
|
$277.30M | USD | Point-in-time |
| Inventories |
InventoryNet
|
$276.30M | USD | Point-in-time |
| Preferred stock, shares outstanding |
PreferredStockSharesOutstanding
|
0.00 | shares | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$214.60M | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$223.40M | USD | Point-in-time |
| Treasury stock, shares |
TreasuryStockShares
|
32.00M | shares | Point-in-time |
| Treasury stock, shares |
TreasuryStockShares
|
31.10M | shares | Point-in-time |
| Total current assets |
AssetsCurrent
|
$1.87B | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$1.92B | USD | Point-in-time |
| Property, plant and equipment, net |
PropertyPlantAndEquipmentNet
|
$845.30M | USD | Point-in-time |
| Property, plant and equipment, net |
PropertyPlantAndEquipmentNet
|
$829.60M | USD | Point-in-time |
| Marketable securities |
AvailableForSaleSecuritiesDebtSecuritiesNoncurrent
|
$6.30M | USD | Point-in-time |
| Marketable securities |
AvailableForSaleSecuritiesDebtSecuritiesNoncurrent
|
$6.50M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$391.00M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$378.70M | USD | Point-in-time |
| Intangibles, net |
IntangibleAssetsNetExcludingGoodwill
|
$235.10M | USD | Point-in-time |
| Intangibles, net |
IntangibleAssetsNetExcludingGoodwill
|
$231.40M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$142.00M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$125.50M | USD | Point-in-time |
| Total assets |
Assets
|
$3.52B | USD | Point-in-time |
| Total assets |
Assets
|
$3.46B | USD | Point-in-time |
| Current portion of long-term debt |
NotesPayableCurrent
|
$350.00M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$471.20M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$512.60M | USD | Point-in-time |
| Accrued liabilities |
OtherAccruedLiabilitiesCurrent
|
$582.10M | USD | Point-in-time |
| Accrued liabilities |
OtherAccruedLiabilitiesCurrent
|
$520.20M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$1.44B | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$991.40M | USD | Point-in-time |
| Long-term debt |
LongTermNotesPayable
|
$299.60M | USD | Point-in-time |
| Long-term debt |
LongTermNotesPayable
|
$699.60M | USD | Point-in-time |
| Other liabilities |
LiabilitiesOtherThanLongtermDebtNoncurrent
|
$499.50M | USD | Point-in-time |
| Other liabilities |
LiabilitiesOtherThanLongtermDebtNoncurrent
|
$490.50M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$2.18B | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$2.24B | 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
|
$905.90M | USD | Point-in-time |
| Capital in excess of par |
AdditionalPaidInCapitalCommonStock
|
$900.60M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$1.51B | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$1.52B | USD | Point-in-time |
| Treasury stock, net; at cost; 32.0 and 31.1 shares in 2013 and 2012, respectively |
TreasuryStockValue
|
$865.40M | USD | Point-in-time |
| Treasury stock, net; at cost; 32.0 and 31.1 shares in 2013 and 2012, respectively |
TreasuryStockValue
|
$844.40M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-284.70M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-283.50M | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquity
|
$1.28B | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquity
|
$1.28B | USD | Point-in-time |
| Total liabilities and stockholders' equity |
LiabilitiesAndStockholdersEquity
|
$3.46B | USD | Point-in-time |
| Total liabilities and stockholders' equity |
LiabilitiesAndStockholdersEquity
|
$3.52B | USD | Point-in-time |
Income Statement
47 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Product |
SalesRevenueGoodsNet
|
$787.40M | USD | 1 Quarter |
| Product |
SalesRevenueGoodsNet
|
$914.90M | USD | 1 Quarter |
| Service |
SalesRevenueServicesNet
|
$77.60M | USD | 1 Quarter |
| Service |
SalesRevenueServicesNet
|
$96.90M | USD | 1 Quarter |
| Total revenue |
Revenues
|
$884.30M | USD | 1 Quarter |
| Total revenue |
Revenues
|
$992.50M | USD | 1 Quarter |
| Product |
CostOfGoodsSold
|
$537.00M | USD | 1 Quarter |
| Product |
CostOfGoodsSold
|
$465.30M | USD | 1 Quarter |
| Service |
CostOfServices
|
$77.00M | USD | 1 Quarter |
| Service |
CostOfServices
|
$69.80M | USD | 1 Quarter |
| Restructuring-related costs |
OtherCostOfOperatingRevenue
|
$4.30M | USD | 1 Quarter |
| Restructuring-related costs |
OtherCostOfOperatingRevenue
|
$7.40M | USD | 1 Quarter |
| Total Cost of revenue |
CostOfRevenue
|
$549.70M | USD | 1 Quarter |
| Total Cost of revenue |
CostOfRevenue
|
$611.10M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$334.60M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$381.40M | USD | 1 Quarter |
| Research and development |
ResearchAndDevelopmentExpense
|
$81.60M | USD | 1 Quarter |
| Research and development |
ResearchAndDevelopmentExpense
|
$96.70M | USD | 1 Quarter |
| Selling, general and administrative |
SellingGeneralAndAdministrativeExpense
|
$190.60M | USD | 1 Quarter |
| Selling, general and administrative |
SellingGeneralAndAdministrativeExpense
|
$203.00M | USD | 1 Quarter |
| Restructuring and related charges |
RestructuringCharges
|
$-4.00M | USD | 1 Quarter |
| Restructuring and related charges |
RestructuringCharges
|
$4.70M | USD | 1 Quarter |
| Operating expense |
OperatingExpenses
|
$280.60M | USD | 1 Quarter |
| Operating expense |
OperatingExpenses
|
$292.00M | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$89.40M | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$54.00M | USD | 1 Quarter |
| Interest (income) expense, net |
InterestIncomeExpenseNonoperatingNet
|
$-7.10M | USD | 1 Quarter |
| Interest (income) expense, net |
InterestIncomeExpenseNonoperatingNet
|
$-9.50M | USD | 1 Quarter |
| Other (income) expense, net |
OtherNonoperatingIncomeExpense
|
$-1.00M | USD | 1 Quarter |
| Other (income) expense, net |
OtherNonoperatingIncomeExpense
|
$-200.00K | USD | 1 Quarter |
| Loss on extinguishment of debt |
GainsLossesOnExtinguishmentOfDebt
|
$-3.30M | USD | 1 Quarter |
| Earnings before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$40.20M | USD | 1 Quarter |
| Earnings before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$82.10M | USD | 1 Quarter |
| Provision for income taxes |
IncomeTaxExpenseBenefit
|
$5.40M | USD | 1 Quarter |
| Provision for income taxes |
IncomeTaxExpenseBenefit
|
$21.30M | USD | 1 Quarter |
| Net earnings |
NetIncomeLoss
|
$60.80M | USD | 1 Quarter |
| Net earnings |
NetIncomeLoss
|
$34.80M | USD | 1 Quarter |
| Basic |
EarningsPerShareBasic
|
$0.55 | USD | 1 Quarter |
| Basic |
EarningsPerShareBasic
|
$0.85 | USD | 1 Quarter |
| Diluted |
EarningsPerShareDiluted
|
$0.54 | USD | 1 Quarter |
| Diluted |
EarningsPerShareDiluted
|
$0.84 | USD | 1 Quarter |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
71.20M | shares | 1 Quarter |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
63.70M | shares | 1 Quarter |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
72.30M | shares | 1 Quarter |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
64.70M | shares | 1 Quarter |
| Cash dividends declared per common share |
CommonStockDividendsPerShareDeclared
|
$0.30 | USD | 1 Quarter |
| Cash dividends declared per common share |
CommonStockDividendsPerShareDeclared
|
$0.25 | USD | 1 Quarter |
Cash Flow Statement
60 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Long-term debt, issuance cost |
PaymentsOfDebtIssuanceCosts
|
$3.20M | USD | 1 Quarter |
| Net earnings |
NetIncomeLoss
|
$60.80M | USD | 1 Quarter |
| Net earnings |
NetIncomeLoss
|
$34.80M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$62.10M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$61.70M | USD | 1 Quarter |
| Deferred taxes |
DeferredIncomeTaxExpenseBenefit
|
$8.80M | USD | 1 Quarter |
| Deferred taxes |
DeferredIncomeTaxExpenseBenefit
|
$-900.00K | USD | 1 Quarter |
| Stock-based compensation expense |
ShareBasedCompensation
|
$4.90M | USD | 1 Quarter |
| Stock-based compensation expense |
ShareBasedCompensation
|
$6.50M | USD | 1 Quarter |
| Other |
OtherNoncashIncomeExpense
|
$2.30M | USD | 1 Quarter |
| Other |
OtherNoncashIncomeExpense
|
$-1.50M | USD | 1 Quarter |
| Trade receivables |
IncreaseDecreaseInAccountsReceivable
|
$8.40M | USD | 1 Quarter |
| Trade receivables |
IncreaseDecreaseInAccountsReceivable
|
$-31.40M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$-1.00M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$-6.90M | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$-16.90M | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$-42.90M | USD | 1 Quarter |
| Accrued liabilities |
IncreaseDecreaseInOtherOperatingLiabilities
|
$-47.10M | USD | 1 Quarter |
| Accrued liabilities |
IncreaseDecreaseInOtherOperatingLiabilities
|
$-45.10M | USD | 1 Quarter |
| Other assets and liabilities |
IncreaseDecreaseInOtherOperatingCapitalNet
|
$-29.60M | USD | 1 Quarter |
| Other assets and liabilities |
IncreaseDecreaseInOtherOperatingCapitalNet
|
$16.40M | USD | 1 Quarter |
| Net cash flows provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$37.90M | USD | 1 Quarter |
| Net cash flows provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$92.10M | USD | 1 Quarter |
| Purchases of property, plant and equipment |
PaymentsToAcquireProductiveAssets
|
$48.20M | USD | 1 Quarter |
| Purchases of property, plant and equipment |
PaymentsToAcquireProductiveAssets
|
$43.00M | USD | 1 Quarter |
| Purchases of marketable securities |
PaymentsToAcquireAvailableForSaleSecuritiesDebt
|
$223.30M | USD | 1 Quarter |
| Purchases of marketable securities |
PaymentsToAcquireAvailableForSaleSecuritiesDebt
|
$370.40M | USD | 1 Quarter |
| Proceeds from sales of marketable securities |
ProceedsFromSaleOfAvailableForSaleSecurities
|
$128.70M | USD | 1 Quarter |
| Proceeds from sales of marketable securities |
ProceedsFromSaleOfAvailableForSaleSecurities
|
$321.40M | USD | 1 Quarter |
| Proceeds from maturities of marketable securities |
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
|
$57.40M | USD | 1 Quarter |
| Proceeds from maturities of marketable securities |
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
|
$83.10M | USD | 1 Quarter |
| Purchases of business, net of cash acquired |
PaymentsToAcquireBusinessesNetOfCashAcquired
|
$28.10M | USD | 1 Quarter |
| Purchases of business, net of cash acquired |
PaymentsToAcquireBusinessesNetOfCashAcquired
|
$204.70M | USD | 1 Quarter |
| Other |
PaymentsForProceedsFromOtherInvestingActivities
|
$100.00K | USD | 1 Quarter |
| Net cash flows used for investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-108.40M | USD | 1 Quarter |
| Net cash flows used for investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-218.80M | USD | 1 Quarter |
| Repayment of debt |
RepaymentsOfLongTermDebt
|
$349.40M | USD | 1 Quarter |
| Repayment of assumed debt |
RepaymentsOfDebtAssumed
|
$4.30M | USD | 1 Quarter |
| Proceeds from issuance of long-term debt, net of issuance costs of $3.2 |
ProceedsFromIssuanceOfLongTermDebt
|
$396.80M | USD | 1 Quarter |
| Payment of cash dividend |
PaymentsOfDividendsCommonStock
|
$17.80M | USD | 1 Quarter |
| Payment of cash dividend |
PaymentsOfDividendsCommonStock
|
$19.10M | USD | 1 Quarter |
| Purchase of treasury stock |
PaymentsForRepurchaseOfCommonStock
|
$21.00M | 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
|
$1.70M | USD | 1 Quarter |
| Other |
ProceedsFromPaymentsForOtherFinancingActivities
|
$200.00K | USD | 1 Quarter |
| Net cash flows provided by (used for) financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$7.50M | USD | 1 Quarter |
| Net cash flows provided by (used for) financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-44.60M | USD | 1 Quarter |
| Effect of exchange rate changes on cash |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$300.00K | USD | 1 Quarter |
| Effect of exchange rate changes on cash |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$1.40M | USD | 1 Quarter |
| Net change in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-169.90M | USD | 1 Quarter |
| Net change in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-62.70M | 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
|
$212.40M | USD | Point-in-time |
| Cash and cash equivalents - beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$149.70M | 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
|
$212.40M | USD | Point-in-time |
| Cash and cash equivalents - end of period |
CashAndCashEquivalentsAtCarryingValue
|
$149.70M | USD | Point-in-time |
| Cash and cash equivalents - end of period |
CashAndCashEquivalentsAtCarryingValue
|
$186.20M | USD | Point-in-time |
Comprehensive Income
15 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net earnings |
NetIncomeLoss
|
$60.80M | USD | 1 Quarter |
| Net earnings |
NetIncomeLoss
|
$34.80M | USD | 1 Quarter |
| Foreign currency translation adjustment |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$-7.90M | USD | 1 Quarter |
| Foreign currency translation adjustment |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$23.00M | USD | 1 Quarter |
| Pension or other postretirement benefits |
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
$-6.10M | USD | 1 Quarter |
| Pension or other postretirement benefits |
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
$-6.30M | USD | 1 Quarter |
| Net unrealized gain (loss) OTTI* marketable securities |
OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities
|
$100.00K | USD | 1 Quarter |
| Net unrealized gain (loss) OTTI* marketable securities |
OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities
|
$-100.00K | USD | 1 Quarter |
| Net unrealized gain (loss) on marketable securities |
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
$-400.00K | USD | 1 Quarter |
| Net unrealized gain (loss) on marketable securities |
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
$1.70M | USD | 1 Quarter |
| Forward starting interest rate swap designated as a cash flow hedge |
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
|
$900.00K | USD | 1 Quarter |
| Other comprehensive (loss) earnings |
OtherComprehensiveIncomeLossNetOfTax
|
$30.90M | USD | 1 Quarter |
| Other comprehensive (loss) earnings |
OtherComprehensiveIncomeLossNetOfTax
|
$-1.20M | USD | 1 Quarter |
| Comprehensive earnings |
ComprehensiveIncomeNetOfTax
|
$91.70M | USD | 1 Quarter |
| Comprehensive earnings |
ComprehensiveIncomeNetOfTax
|
$33.60M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.