10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001001288-16-000069 |
| Period End Date | 20160331 |
| Filing Date | 20160429 |
| Fiscal Year | 2016 |
| Fiscal Period | Q1 |
| XBRL Instance | lxk-20160331.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
65 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Trade receivables, allowances |
AllowanceForDoubtfulAccountsReceivableCurrent
|
$24.40M | USD | Point-in-time |
| Trade receivables, allowances |
AllowanceForDoubtfulAccountsReceivableCurrent
|
$26.40M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$158.30M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$369.10M | 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
|
$127.00M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$309.30M | USD | Point-in-time |
| Trade receivables, net of allowances of $26.4 in 2016 and $24.4 in 2015 |
AccountsReceivableNetCurrent
|
$434.20M | USD | Point-in-time |
| Preferred stock, shares authorized |
PreferredStockSharesAuthorized
|
1.60M | shares | Point-in-time |
| Trade receivables, net of allowances of $26.4 in 2016 and $24.4 in 2015 |
AccountsReceivableNetCurrent
|
$420.40M | USD | Point-in-time |
| Preferred stock, shares authorized |
PreferredStockSharesAuthorized
|
1.60M | shares | Point-in-time |
| Preferred stock, shares issued |
PreferredStockSharesIssued
|
0.00 | shares | Point-in-time |
| Inventories |
InventoryNet
|
$231.90M | USD | Point-in-time |
| Inventories |
InventoryNet
|
$232.90M | USD | Point-in-time |
| Preferred stock, shares issued |
PreferredStockSharesIssued
|
0.00 | shares | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$202.50M | USD | Point-in-time |
| Preferred stock, shares outstanding |
PreferredStockSharesOutstanding
|
0.00 | shares | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$204.90M | USD | Point-in-time |
| Preferred stock, shares outstanding |
PreferredStockSharesOutstanding
|
0.00 | shares | Point-in-time |
| Total current assets |
AssetsCurrent
|
$1.03B | USD | Point-in-time |
| Treasury stock, shares |
TreasuryStockShares
|
36.50M | shares | Point-in-time |
| Treasury stock, shares |
TreasuryStockShares
|
36.40M | shares | Point-in-time |
| Total current assets |
AssetsCurrent
|
$982.80M | USD | Point-in-time |
| Property, plant and equipment, net |
PropertyPlantAndEquipmentNet
|
$740.20M | USD | Point-in-time |
| Property, plant and equipment, net |
PropertyPlantAndEquipmentNet
|
$725.20M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$1.33B | USD | Point-in-time |
| Goodwill |
Goodwill
|
$1.33B | USD | Point-in-time |
| Intangibles, net |
IntangibleAssetsNetExcludingGoodwill
|
$532.50M | USD | Point-in-time |
| Intangibles, net |
IntangibleAssetsNetExcludingGoodwill
|
$507.30M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$285.30M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$281.10M | USD | Point-in-time |
| Total assets |
Assets
|
$3.83B | USD | Point-in-time |
| Total assets |
Assets
|
$3.91B | USD | Point-in-time |
| Current portion of long-term debt |
LongTermDebtCurrent
|
$3.50M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$501.70M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$539.50M | USD | Point-in-time |
| Accrued liabilities |
OtherLiabilitiesCurrent
|
$645.90M | USD | Point-in-time |
| Accrued liabilities |
OtherLiabilitiesCurrent
|
$669.80M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$1.17B | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$1.19B | USD | Point-in-time |
| Long-term debt, net of unamortized issuance costs |
LongTermDebt
|
$1.06B | USD | Point-in-time |
| Long-term debt, net of unamortized issuance costs |
LongTermDebt
|
$992.00M | USD | Point-in-time |
| Other liabilities |
LiabilitiesOtherThanLongtermDebtNoncurrent
|
$561.60M | USD | Point-in-time |
| Other liabilities |
LiabilitiesOtherThanLongtermDebtNoncurrent
|
$580.90M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$2.76B | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$2.79B | 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
|
$1.03B | USD | Point-in-time |
| Capital in excess of par |
AdditionalPaidInCapitalCommonStock
|
$1.04B | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$1.23B | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$1.29B | USD | Point-in-time |
| Treasury stock, net; at cost; 36.5 and 36.4 shares in 2016 and 2015, respectively |
TreasuryStockValue
|
$1.04B | USD | Point-in-time |
| Treasury stock, net; at cost; 36.5 and 36.4 shares in 2016 and 2015, respectively |
TreasuryStockValue
|
$1.04B | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-165.20M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-80.20M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-84.70M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-165.00M | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquity
|
$1.07B | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquity
|
$1.12B | USD | Point-in-time |
| Total liabilities and stockholders' equity |
LiabilitiesAndStockholdersEquity
|
$3.91B | USD | Point-in-time |
| Total liabilities and stockholders' equity |
LiabilitiesAndStockholdersEquity
|
$3.83B | USD | Point-in-time |
Income Statement
45 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Product |
SalesRevenueGoodsNet
|
$626.80M | USD | 1 Quarter |
| Product |
SalesRevenueGoodsNet
|
$714.70M | USD | 1 Quarter |
| Service |
SalesRevenueServicesNet
|
$179.40M | USD | 1 Quarter |
| Service |
SalesRevenueServicesNet
|
$137.30M | USD | 1 Quarter |
| Total revenue |
Revenues
|
$852.00M | USD | 1 Quarter |
| Total revenue |
Revenues
|
$806.20M | USD | 1 Quarter |
| Product |
CostOfGoodsSold
|
$428.40M | USD | 1 Quarter |
| Product |
CostOfGoodsSold
|
$394.90M | USD | 1 Quarter |
| Service |
CostOfServices
|
$104.90M | USD | 1 Quarter |
| Service |
CostOfServices
|
$93.60M | USD | 1 Quarter |
| Restructuring-related costs |
OtherCostOfOperatingRevenue
|
$100.00K | USD | 1 Quarter |
| Total Cost of revenue |
CostOfRevenue
|
$522.10M | USD | 1 Quarter |
| Total Cost of revenue |
CostOfRevenue
|
$499.80M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$306.40M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$329.90M | USD | 1 Quarter |
| Research and development |
ResearchAndDevelopmentExpense
|
$83.70M | USD | 1 Quarter |
| Research and development |
ResearchAndDevelopmentExpense
|
$77.70M | USD | 1 Quarter |
| Selling, general and administrative |
SellingGeneralAndAdministrativeExpense
|
$210.20M | USD | 1 Quarter |
| Selling, general and administrative |
SellingGeneralAndAdministrativeExpense
|
$272.80M | USD | 1 Quarter |
| Restructuring and related reversals |
RestructuringCharges
|
$-11.60M | USD | 1 Quarter |
| Restructuring and related reversals |
RestructuringCharges
|
$-200.00K | USD | 1 Quarter |
| Operating expense |
OperatingExpenses
|
$287.70M | USD | 1 Quarter |
| Operating expense |
OperatingExpenses
|
$344.90M | USD | 1 Quarter |
| Operating (loss) income |
OperatingIncomeLoss
|
$-38.50M | USD | 1 Quarter |
| Operating (loss) income |
OperatingIncomeLoss
|
$42.20M | USD | 1 Quarter |
| Interest expense (income), net |
InterestIncomeExpenseNonoperatingNet
|
$-11.30M | USD | 1 Quarter |
| Interest expense (income), net |
InterestIncomeExpenseNonoperatingNet
|
$-7.70M | USD | 1 Quarter |
| Other expense (income), net |
OtherNonoperatingIncomeExpense
|
$-800.00K | USD | 1 Quarter |
| Other expense (income), net |
OtherNonoperatingIncomeExpense
|
$-400.00K | USD | 1 Quarter |
| (Loss) earnings before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$-50.20M | USD | 1 Quarter |
| (Loss) earnings before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$33.70M | USD | 1 Quarter |
| (Benefit) provision for income taxes |
IncomeTaxExpenseBenefit
|
$-10.80M | USD | 1 Quarter |
| (Benefit) provision for income taxes |
IncomeTaxExpenseBenefit
|
$13.50M | USD | 1 Quarter |
| Net (loss) earnings |
NetIncomeLoss
|
$-39.40M | USD | 1 Quarter |
| Net (loss) earnings |
NetIncomeLoss
|
$20.20M | USD | 1 Quarter |
| Basic |
EarningsPerShareBasic
|
$-0.63 | USD | 1 Quarter |
| Basic |
EarningsPerShareBasic
|
$0.33 | USD | 1 Quarter |
| Diluted |
EarningsPerShareDiluted
|
$0.32 | USD | 1 Quarter |
| Diluted |
EarningsPerShareDiluted
|
$-0.63 | USD | 1 Quarter |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
61.30M | shares | 1 Quarter |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
62.30M | shares | 1 Quarter |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
62.30M | shares | 1 Quarter |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
62.40M | shares | 1 Quarter |
| Cash dividends declared per common share |
CommonStockDividendsPerShareDeclared
|
$0.36 | USD | 1 Quarter |
| Cash dividends declared per common share |
CommonStockDividendsPerShareDeclared
|
$0.36 | USD | 1 Quarter |
Cash Flow Statement
60 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net (loss) earnings |
NetIncomeLoss
|
$-39.40M | USD | 1 Quarter |
| Net (loss) earnings |
NetIncomeLoss
|
$20.20M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$72.10M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$65.60M | USD | 1 Quarter |
| Deferred taxes |
DeferredIncomeTaxExpenseBenefit
|
$100.00K | USD | 1 Quarter |
| Deferred taxes |
DeferredIncomeTaxExpenseBenefit
|
$8.70M | USD | 1 Quarter |
| Stock-based compensation expense |
ShareBasedCompensation
|
$4.50M | USD | 1 Quarter |
| Stock-based compensation expense |
ShareBasedCompensation
|
$16.10M | USD | 1 Quarter |
| Pension and other postretirement expense (income) |
DefinedBenefitPlanNetPeriodicBenefitCost
|
$-2.00M | USD | 1 Quarter |
| Pension and other postretirement expense (income) |
DefinedBenefitPlanNetPeriodicBenefitCost
|
$20.40M | USD | 1 Quarter |
| Other |
OtherNoncashIncomeExpense
|
$-1.80M | USD | 1 Quarter |
| Other |
OtherNoncashIncomeExpense
|
$1.10M | USD | 1 Quarter |
| Trade receivables |
IncreaseDecreaseInAccountsReceivable
|
$-14.30M | USD | 1 Quarter |
| Trade receivables |
IncreaseDecreaseInAccountsReceivable
|
$-26.90M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$1.00M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$1.50M | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$-2.50M | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$37.80M | USD | 1 Quarter |
| Accrued liabilities |
IncreaseDecreaseInOtherOperatingLiabilities
|
$-16.40M | USD | 1 Quarter |
| Accrued liabilities |
IncreaseDecreaseInOtherOperatingLiabilities
|
$-88.90M | USD | 1 Quarter |
| Other assets and liabilities |
IncreaseDecreaseInOtherOperatingCapitalNet
|
$38.30M | USD | 1 Quarter |
| Other assets and liabilities |
IncreaseDecreaseInOtherOperatingCapitalNet
|
$22.60M | USD | 1 Quarter |
| Pension and other postretirement contributions |
PensionAndOtherPostretirementBenefitContributions
|
$1.20M | USD | 1 Quarter |
| Pension and other postretirement contributions |
PensionAndOtherPostretirementBenefitContributions
|
$5.00M | USD | 1 Quarter |
| Net cash flows provided by (used for) operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$79.10M | USD | 1 Quarter |
| Net cash flows provided by (used for) operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-10.50M | USD | 1 Quarter |
| Purchases of property, plant and equipment |
PaymentsToAcquireProductiveAssets
|
$23.20M | USD | 1 Quarter |
| Purchases of property, plant and equipment |
PaymentsToAcquireProductiveAssets
|
$36.70M | USD | 1 Quarter |
| Purchases of marketable securities |
PaymentsToAcquireAvailableForSaleSecuritiesDebt
|
$241.40M | USD | 1 Quarter |
| Proceeds from sales of marketable securities |
ProceedsFromSaleOfAvailableForSaleSecurities
|
$416.40M | USD | 1 Quarter |
| Proceeds from maturities of marketable securities |
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
|
$22.20M | USD | 1 Quarter |
| Purchase of businesses, net of cash acquired |
PaymentsToAcquireBusinessesNetOfCashAcquired
|
$30.30M | USD | 1 Quarter |
| Other |
PaymentsForProceedsFromOtherInvestingActivities
|
$-1.50M | USD | 1 Quarter |
| Other |
PaymentsForProceedsFromOtherInvestingActivities
|
$500.00K | USD | 1 Quarter |
| Net cash flows (used for) provided by investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$129.70M | USD | 1 Quarter |
| Net cash flows (used for) provided by investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-21.70M | USD | 1 Quarter |
| Repayment of assumed debt |
RepaymentOfAssumedDebt
|
$1.30M | USD | 1 Quarter |
| Payments on long-term debt |
RepaymentsOfLongTermDebt
|
$66.00M | USD | 1 Quarter |
| Purchase of shares from noncontrolling interests |
PaymentsToMinorityShareholders
|
$4.60M | USD | 1 Quarter |
| Payment of cash dividend |
PaymentsOfDividendsCommonStock
|
$22.50M | USD | 1 Quarter |
| Payment of cash dividend |
PaymentsOfDividendsCommonStock
|
$22.10M | USD | 1 Quarter |
| Purchase of treasury stock |
PaymentsForRepurchaseOfCommonStock
|
$30.00M | USD | 1 Quarter |
| Purchase of treasury stock |
PaymentsForRepurchaseOfCommonStock
|
$4.00M | USD | 1 Quarter |
| Proceeds from employee stock plans |
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
|
$300.00K | USD | 1 Quarter |
| Other |
ProceedsFromPaymentsForOtherFinancingActivities
|
$1.10M | USD | 1 Quarter |
| Other |
ProceedsFromPaymentsForOtherFinancingActivities
|
$2.40M | USD | 1 Quarter |
| Net cash flows used for financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-55.60M | USD | 1 Quarter |
| Net cash flows used for financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-91.10M | USD | 1 Quarter |
| Effect of exchange rate changes on cash |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$-3.80M | USD | 1 Quarter |
| Effect of exchange rate changes on cash |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$2.40M | USD | 1 Quarter |
| Net change in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$59.80M | USD | 1 Quarter |
| Net change in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-31.30M | USD | 1 Quarter |
| Cash and cash equivalents - beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$158.30M | USD | Point-in-time |
| Cash and cash equivalents - beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$369.10M | USD | Point-in-time |
| Cash and cash equivalents - beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$127.00M | USD | Point-in-time |
| Cash and cash equivalents - beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$309.30M | USD | Point-in-time |
| Cash and cash equivalents - end of period |
CashAndCashEquivalentsAtCarryingValue
|
$158.30M | USD | Point-in-time |
| Cash and cash equivalents - end of period |
CashAndCashEquivalentsAtCarryingValue
|
$369.10M | USD | Point-in-time |
| Cash and cash equivalents - end of period |
CashAndCashEquivalentsAtCarryingValue
|
$127.00M | USD | Point-in-time |
| Cash and cash equivalents - end of period |
CashAndCashEquivalentsAtCarryingValue
|
$309.30M | USD | Point-in-time |
Comprehensive Income
13 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net (loss) earnings |
NetIncomeLoss
|
$-39.40M | USD | 1 Quarter |
| Net (loss) earnings |
NetIncomeLoss
|
$20.20M | USD | 1 Quarter |
| Foreign currency translation adjustment |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$18.50M | USD | 1 Quarter |
| Foreign currency translation adjustment |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$-47.90M | USD | 1 Quarter |
| Recognition of pension and other postretirement benefit plans prior service credit, net of (amortization) |
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
$100.00K | USD | 1 Quarter |
| Recognition of pension and other postretirement benefit plans prior service credit, net of (amortization) |
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
$100.00K | USD | 1 Quarter |
| Net unrealized gain on marketable securities |
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
$800.00K | USD | 1 Quarter |
| Unrealized (loss) gain on cash flow hedges |
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
|
$51.70M | USD | 1 Quarter |
| Unrealized (loss) gain on cash flow hedges |
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
|
$-18.60M | USD | 1 Quarter |
| Total other comprehensive (loss) earnings, net of tax |
OtherComprehensiveIncomeLossNetOfTax
|
$4.50M | USD | 1 Quarter |
| Total other comprehensive (loss) earnings, net of tax |
OtherComprehensiveIncomeLossNetOfTax
|
$-200.00K | USD | 1 Quarter |
| Comprehensive (loss) earnings |
ComprehensiveIncomeNetOfTax
|
$24.70M | USD | 1 Quarter |
| Comprehensive (loss) earnings |
ComprehensiveIncomeNetOfTax
|
$-39.60M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.