10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001001288-14-000017 |
| Period End Date | 20140331 |
| Filing Date | 20140502 |
| Fiscal Year | 2014 |
| Fiscal Period | Q1 |
| XBRL Instance | lxk-20140331.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
68 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Trade receivables, allowances |
AllowanceForDoubtfulAccountsReceivableCurrent
|
$19.60M | USD | Point-in-time |
| Trade receivables, allowances |
AllowanceForDoubtfulAccountsReceivableCurrent
|
$24.70M | USD | Point-in-time |
| Preferred stock, par value |
PreferredStockParOrStatedValuePerShare
|
$0.01 | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$273.20M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$149.70M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$194.70M | USD | Point-in-time |
| Preferred stock, par value |
PreferredStockParOrStatedValuePerShare
|
$0.01 | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$212.40M | USD | Point-in-time |
| Preferred stock, shares authorized |
PreferredStockSharesAuthorized
|
1.60M | shares | Point-in-time |
| Marketable securities |
AvailableForSaleSecuritiesDebtSecuritiesCurrent
|
$790.50M | USD | Point-in-time |
| Preferred stock, shares authorized |
PreferredStockSharesAuthorized
|
1.60M | shares | Point-in-time |
| Marketable securities |
AvailableForSaleSecuritiesDebtSecuritiesCurrent
|
$781.50M | USD | Point-in-time |
| Preferred stock, shares issued |
PreferredStockSharesIssued
|
0.00 | shares | Point-in-time |
| Trade receivables, net of allowances of $19.6 in 2014 and $24.7 in 2013 |
AccountsReceivableNetCurrent
|
$452.30M | USD | Point-in-time |
| Preferred stock, shares issued |
PreferredStockSharesIssued
|
0.00 | shares | Point-in-time |
| Trade receivables, net of allowances of $19.6 in 2014 and $24.7 in 2013 |
AccountsReceivableNetCurrent
|
$429.40M | USD | Point-in-time |
| Inventories |
InventoryNet
|
$268.20M | 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
|
$277.90M | USD | Point-in-time |
| Treasury stock, shares |
TreasuryStockShares
|
33.80M | shares | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$208.40M | USD | Point-in-time |
| Treasury stock, shares |
TreasuryStockShares
|
34.30M | shares | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$195.30M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$1.90B | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$1.97B | USD | Point-in-time |
| Property, plant and equipment, net |
PropertyPlantAndEquipmentNet
|
$812.40M | USD | Point-in-time |
| Property, plant and equipment, net |
PropertyPlantAndEquipmentNet
|
$808.20M | USD | Point-in-time |
| Marketable securities |
AvailableForSaleSecuritiesDebtSecuritiesNoncurrent
|
$6.70M | USD | Point-in-time |
| Marketable securities |
AvailableForSaleSecuritiesDebtSecuritiesNoncurrent
|
$3.40M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$454.70M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$454.90M | USD | Point-in-time |
| Intangibles, net |
IntangibleAssetsNetExcludingGoodwill
|
$239.90M | USD | Point-in-time |
| Intangibles, net |
IntangibleAssetsNetExcludingGoodwill
|
$258.00M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$114.60M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$105.50M | USD | Point-in-time |
| Total assets |
Assets
|
$3.62B | USD | Point-in-time |
| Total assets |
Assets
|
$3.51B | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$474.70M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$481.70M | USD | Point-in-time |
| Accrued liabilities |
OtherAccruedLiabilitiesCurrent
|
$672.40M | USD | Point-in-time |
| Accrued liabilities |
OtherAccruedLiabilitiesCurrent
|
$567.60M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$1.15B | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$1.05B | USD | Point-in-time |
| Long-term debt |
LongTermNotesPayable
|
$699.70M | USD | Point-in-time |
| Long-term debt |
LongTermNotesPayable
|
$699.60M | USD | Point-in-time |
| Other liabilities |
LiabilitiesOtherThanLongtermDebtNoncurrent
|
$391.70M | USD | Point-in-time |
| Other liabilities |
LiabilitiesOtherThanLongtermDebtNoncurrent
|
$401.90M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$2.25B | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$2.14B | USD | Point-in-time |
| Commitments and Contingencies |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Commitments and 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
|
$930.20M | USD | Point-in-time |
| Capital in excess of par |
AdditionalPaidInCapitalCommonStock
|
$915.80M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$1.42B | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$1.41B | USD | Point-in-time |
| Treasury stock, net; at cost; 34.3 and 33.8 shares in 2014 and 2013, respectively |
TreasuryStockValue
|
$-926.40M | USD | Point-in-time |
| Treasury stock, net; at cost; 34.3 and 33.8 shares in 2014 and 2013, respectively |
TreasuryStockValue
|
$947.40M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-34.90M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-35.20M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-11.20M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-5.10M | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquity
|
$1.37B | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquity
|
$1.37B | USD | Point-in-time |
| Total liabilities and stockholders' equity |
LiabilitiesAndStockholdersEquity
|
$3.51B | USD | Point-in-time |
| Total liabilities and stockholders' equity |
LiabilitiesAndStockholdersEquity
|
$3.62B | USD | Point-in-time |
Income Statement
47 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Product |
SalesRevenueGoodsNet
|
$787.40M | USD | 1 Quarter |
| Product |
SalesRevenueGoodsNet
|
$763.60M | USD | 1 Quarter |
| Service |
SalesRevenueServicesNet
|
$114.10M | USD | 1 Quarter |
| Service |
SalesRevenueServicesNet
|
$96.90M | USD | 1 Quarter |
| Total revenue |
Revenues
|
$884.30M | USD | 1 Quarter |
| Total revenue |
Revenues
|
$877.70M | USD | 1 Quarter |
| Product |
CostOfGoodsSold
|
$463.90M | USD | 1 Quarter |
| Product |
CostOfGoodsSold
|
$445.60M | USD | 1 Quarter |
| Service |
CostOfServices
|
$76.60M | USD | 1 Quarter |
| Service |
CostOfServices
|
$83.90M | USD | 1 Quarter |
| Restructuring-related costs |
OtherCostOfOperatingRevenue
|
$7.40M | USD | 1 Quarter |
| Restructuring-related costs |
OtherCostOfOperatingRevenue
|
$6.60M | USD | 1 Quarter |
| Total Cost of revenue |
CostOfRevenue
|
$547.90M | USD | 1 Quarter |
| Total Cost of revenue |
CostOfRevenue
|
$536.10M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$341.60M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$336.40M | USD | 1 Quarter |
| Research and development |
ResearchAndDevelopmentExpense
|
$78.30M | USD | 1 Quarter |
| Research and development |
ResearchAndDevelopmentExpense
|
$79.00M | USD | 1 Quarter |
| Selling, general and administrative |
SellingGeneralAndAdministrativeExpense
|
$207.10M | USD | 1 Quarter |
| Selling, general and administrative |
SellingGeneralAndAdministrativeExpense
|
$199.80M | USD | 1 Quarter |
| Restructuring and related charges (reversals) |
RestructuringCharges
|
$1.60M | USD | 1 Quarter |
| Restructuring and related charges (reversals) |
RestructuringCharges
|
$-4.00M | USD | 1 Quarter |
| Operating expense |
OperatingExpenses
|
$274.10M | USD | 1 Quarter |
| Operating expense |
OperatingExpenses
|
$287.70M | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$53.90M | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$62.30M | USD | 1 Quarter |
| Interest expense (income), net |
InterestIncomeExpenseNonoperatingNet
|
$-9.50M | USD | 1 Quarter |
| Interest expense (income), net |
InterestIncomeExpenseNonoperatingNet
|
$-7.90M | USD | 1 Quarter |
| Other expense (income), net |
OtherNonoperatingIncomeExpense
|
$-1.00M | USD | 1 Quarter |
| Other expense (income), net |
OtherNonoperatingIncomeExpense
|
$-700.00K | USD | 1 Quarter |
| Loss on extinguishment of debt |
GainsLossesOnExtinguishmentOfDebt
|
$-3.30M | USD | 1 Quarter |
| Earnings before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$45.30M | USD | 1 Quarter |
| Earnings before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$48.50M | USD | 1 Quarter |
| Provision for income taxes |
IncomeTaxExpenseBenefit
|
$8.50M | USD | 1 Quarter |
| Provision for income taxes |
IncomeTaxExpenseBenefit
|
$16.00M | USD | 1 Quarter |
| Net earnings |
NetIncomeLoss
|
$40.00M | USD | 1 Quarter |
| Net earnings |
NetIncomeLoss
|
$29.30M | USD | 1 Quarter |
| Basic |
EarningsPerShareBasic
|
$0.47 | USD | 1 Quarter |
| Basic |
EarningsPerShareBasic
|
$0.63 | USD | 1 Quarter |
| Diluted |
EarningsPerShareDiluted
|
$0.62 | USD | 1 Quarter |
| Diluted |
EarningsPerShareDiluted
|
$0.46 | USD | 1 Quarter |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
62.10M | shares | 1 Quarter |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
63.70M | shares | 1 Quarter |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
64.70M | shares | 1 Quarter |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
63.40M | shares | 1 Quarter |
| Cash dividends declared per common share |
CommonStockDividendsPerShareDeclared
|
$0.30 | USD | 1 Quarter |
| Cash dividends declared per common share |
CommonStockDividendsPerShareDeclared
|
$0.30 | USD | 1 Quarter |
Cash Flow Statement
62 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Long-term debt, issuance cost |
PaymentsOfDebtIssuanceCosts
|
$3.20M | USD | 1 Quarter |
| Net earnings |
NetIncomeLoss
|
$40.00M | USD | 1 Quarter |
| Net earnings |
NetIncomeLoss
|
$29.30M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$62.10M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$66.40M | USD | 1 Quarter |
| Deferred taxes |
DeferredIncomeTaxExpenseBenefit
|
$6.00M | USD | 1 Quarter |
| Deferred taxes |
DeferredIncomeTaxExpenseBenefit
|
$12.00M | USD | 1 Quarter |
| Stock-based compensation expense |
ShareBasedCompensation
|
$6.50M | USD | 1 Quarter |
| Stock-based compensation expense |
ShareBasedCompensation
|
$8.30M | USD | 1 Quarter |
| Pension and other postretirement income |
DefinedBenefitPlanNetPeriodicBenefitCost
|
$-900.00K | USD | 1 Quarter |
| Pension and other postretirement income |
DefinedBenefitPlanNetPeriodicBenefitCost
|
$-900.00K | USD | 1 Quarter |
| Other |
OtherNoncashIncomeExpense
|
$300.00K | USD | 1 Quarter |
| Other |
OtherNoncashIncomeExpense
|
$-2.90M | USD | 1 Quarter |
| Trade receivables |
IncreaseDecreaseInAccountsReceivable
|
$-31.40M | USD | 1 Quarter |
| Trade receivables |
IncreaseDecreaseInAccountsReceivable
|
$-21.60M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$-1.00M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$9.70M | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$7.00M | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$-42.90M | USD | 1 Quarter |
| Accrued liabilities |
IncreaseDecreaseInOtherOperatingLiabilities
|
$-95.80M | USD | 1 Quarter |
| Accrued liabilities |
IncreaseDecreaseInOtherOperatingLiabilities
|
$-45.00M | USD | 1 Quarter |
| Other assets and liabilities |
IncreaseDecreaseInOtherOperatingCapitalNet
|
$21.40M | USD | 1 Quarter |
| Other assets and liabilities |
IncreaseDecreaseInOtherOperatingCapitalNet
|
$19.90M | USD | 1 Quarter |
| Pension and other postretirement benefit contributions |
PensionAndOtherPostretirementBenefitContributions
|
$5.20M | USD | 1 Quarter |
| Pension and other postretirement benefit contributions |
PensionAndOtherPostretirementBenefitContributions
|
$3.40M | USD | 1 Quarter |
| Net cash flows provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$39.10M | USD | 1 Quarter |
| Net cash flows provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$10.00M | USD | 1 Quarter |
| Purchases of property, plant and equipment |
PaymentsToAcquireProductiveAssets
|
$43.90M | 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
|
$210.10M | USD | 1 Quarter |
| Proceeds from sales of marketable securities |
ProceedsFromSaleOfAvailableForSaleSecurities
|
$143.50M | USD | 1 Quarter |
| Proceeds from sales of marketable securities |
ProceedsFromSaleOfAvailableForSaleSecurities
|
$127.90M | USD | 1 Quarter |
| Proceeds from maturities of marketable securities |
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
|
$57.00M | USD | 1 Quarter |
| Proceeds from maturities of marketable securities |
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
|
$60.50M | USD | 1 Quarter |
| Purchase of businesses, net of cash acquired |
PaymentsToAcquireBusinessesNetOfCashAcquired
|
$28.10M | USD | 1 Quarter |
| Other |
PaymentsForProceedsFromOtherInvestingActivities
|
$100.00K | USD | 1 Quarter |
| Net cash flows used for investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-109.60M | USD | 1 Quarter |
| Net cash flows used for investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-50.00M | USD | 1 Quarter |
| Repayment of debt |
RepaymentsOfLongTermDebt
|
$349.40M | 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
|
$19.10M | USD | 1 Quarter |
| Payment of cash dividend |
PaymentsOfDividendsCommonStock
|
$18.60M | USD | 1 Quarter |
| Purchase of treasury stock |
PaymentsForRepurchaseOfCommonStock
|
$21.00M | USD | 1 Quarter |
| Purchase of treasury stock |
PaymentsForRepurchaseOfCommonStock
|
$21.00M | USD | 1 Quarter |
| Proceeds from employee stock plans |
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
|
$2.10M | USD | 1 Quarter |
| Other |
ProceedsFromPaymentsForOtherFinancingActivities
|
$1.10M | USD | 1 Quarter |
| Other |
ProceedsFromPaymentsForOtherFinancingActivities
|
$200.00K | USD | 1 Quarter |
| Net cash flows (used for) provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-36.40M | USD | 1 Quarter |
| Net cash flows (used for) provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$7.50M | USD | 1 Quarter |
| Effect of exchange rate changes on cash |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$-2.10M | USD | 1 Quarter |
| Effect of exchange rate changes on cash |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$300.00K | USD | 1 Quarter |
| Net change in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-62.70M | USD | 1 Quarter |
| Net change in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-78.50M | USD | 1 Quarter |
| Cash and cash equivalents - beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$273.20M | 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
|
$194.70M | USD | Point-in-time |
| Cash and cash equivalents - beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$212.40M | USD | Point-in-time |
| Cash and cash equivalents - end of period |
CashAndCashEquivalentsAtCarryingValue
|
$273.20M | 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
|
$194.70M | USD | Point-in-time |
| Cash and cash equivalents - end of period |
CashAndCashEquivalentsAtCarryingValue
|
$212.40M | USD | Point-in-time |
Comprehensive Income
13 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net earnings |
NetIncomeLoss
|
$40.00M | USD | 1 Quarter |
| Net earnings |
NetIncomeLoss
|
$29.30M | USD | 1 Quarter |
| Foreign currency translation adjustment |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$-100.00K | USD | 1 Quarter |
| Foreign currency translation adjustment |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$-6.70M | USD | 1 Quarter |
| Pension or other postretirement benefits |
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
$-100.00K | USD | 1 Quarter |
| Net unrealized (loss) gain on 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
|
$300.00K | USD | 1 Quarter |
| Forward-starting interest rate swap designated as a cash flow hedge |
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
|
$900.00K | USD | 1 Quarter |
| Total other comprehensive earnings (loss) |
OtherComprehensiveIncomeLossNetOfTax
|
$-6.10M | USD | 1 Quarter |
| Total other comprehensive earnings (loss) |
OtherComprehensiveIncomeLossNetOfTax
|
$300.00K | USD | 1 Quarter |
| Comprehensive earnings |
ComprehensiveIncomeNetOfTax
|
$33.90M | USD | 1 Quarter |
| Comprehensive earnings |
ComprehensiveIncomeNetOfTax
|
$29.60M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.