10-Q Filing

SENSIENT TECHNOLOGIES CORP CIK: 310142 Q3 2014

Filing Information

Form Type	10-Q
Accession Number	`0001140361-14-040396`
Period End Date	20140930
Filing Date	20141106
Fiscal Year	2014
Fiscal Period	Q3
XBRL Instance	sxt-20140930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 69 Income Statement 76 Cash Flow Statement 48 Comprehensive Income 4

Balance Sheet 69 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$25.79M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$15.06M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$19.84M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$24.25M	USD	Point-in-time
Trade accounts receivable, net	`AccountsReceivableNetCurrent`	$243.89M	USD	Point-in-time
Trade accounts receivable, net	`AccountsReceivableNetCurrent`	$233.75M	USD	Point-in-time
Inventories	`InventoryNet`	$474.45M	USD	Point-in-time
Inventories	`InventoryNet`	$475.01M	USD	Point-in-time
Prepaid expenses and other current assets	`OtherAssetsCurrent`	$74.73M	USD	Point-in-time
Prepaid expenses and other current assets	`OtherAssetsCurrent`	$61.79M	USD	Point-in-time
Assets held for sale	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	-	USD	Point-in-time
Assets held for sale	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$581.00K	USD	Point-in-time
TOTAL CURRENT ASSETS	`AssetsCurrent`	$820.00M	USD	Point-in-time
TOTAL CURRENT ASSETS	`AssetsCurrent`	$789.83M	USD	Point-in-time
OTHER ASSETS	`OtherAssetsNoncurrent`	$47.79M	USD	Point-in-time
OTHER ASSETS	`OtherAssetsNoncurrent`	$70.87M	USD	Point-in-time
INTANGIBLE ASSETS, NET	`FiniteLivedIntangibleAssetsNet`	$10.55M	USD	Point-in-time
INTANGIBLE ASSETS, NET	`FiniteLivedIntangibleAssetsNet`	$9.12M	USD	Point-in-time
GOODWILL	`Goodwill`	$437.51M	USD	Point-in-time
GOODWILL	`Goodwill`	$457.27M	USD	Point-in-time
Land	`Land`	$42.42M	USD	Point-in-time
Land	`Land`	$56.34M	USD	Point-in-time
Buildings	`BuildingsAndImprovementsGross`	$374.39M	USD	Point-in-time
Buildings	`BuildingsAndImprovementsGross`	$292.33M	USD	Point-in-time
Machinery and equipment	`MachineryAndEquipmentGross`	$712.83M	USD	Point-in-time
Machinery and equipment	`MachineryAndEquipmentGross`	$751.27M	USD	Point-in-time
Construction in progress	`ConstructionInProgressGross`	$67.53M	USD	Point-in-time
Construction in progress	`ConstructionInProgressGross`	$55.24M	USD	Point-in-time
Property, Plant and Equipment, Gross, Total	`PropertyPlantAndEquipmentGross`	$1.12B	USD	Point-in-time
Property, Plant and Equipment, Gross, Total	`PropertyPlantAndEquipmentGross`	$1.24B	USD	Point-in-time
Less accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$625.40M	USD	Point-in-time
Less accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$671.93M	USD	Point-in-time
Property, Plant and Equipment, Net, Total	`PropertyPlantAndEquipmentNet`	$565.31M	USD	Point-in-time
Property, Plant and Equipment, Net, Total	`PropertyPlantAndEquipmentNet`	$489.72M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$1.87B	USD	Point-in-time
TOTAL ASSETS	`Assets`	$1.83B	USD	Point-in-time
Trade accounts payable	`AccountsPayableTradeCurrent`	$99.12M	USD	Point-in-time
Trade accounts payable	`AccountsPayableTradeCurrent`	$97.13M	USD	Point-in-time
Accrued salaries, wages and withholdings from employees	`EmployeeRelatedLiabilitiesCurrent`	$32.67M	USD	Point-in-time
Accrued salaries, wages and withholdings from employees	`EmployeeRelatedLiabilitiesCurrent`	$30.43M	USD	Point-in-time
Other accrued expenses	`OtherAccruedLiabilitiesCurrent`	$79.38M	USD	Point-in-time
Other accrued expenses	`OtherAccruedLiabilitiesCurrent`	$78.58M	USD	Point-in-time
Income taxes	`AccruedIncomeTaxesCurrent`	$3.47M	USD	Point-in-time
Income taxes	`AccruedIncomeTaxesCurrent`	$5.48M	USD	Point-in-time
Short-term borrowings	`ShortTermBorrowings`	$7.05M	USD	Point-in-time
Short-term borrowings	`ShortTermBorrowings`	$18.95M	USD	Point-in-time
TOTAL CURRENT LIABILITIES	`LiabilitiesCurrent`	$229.36M	USD	Point-in-time
TOTAL CURRENT LIABILITIES	`LiabilitiesCurrent`	$222.89M	USD	Point-in-time
OTHER LIABILITIES	`OtherLiabilitiesNoncurrent`	$34.58M	USD	Point-in-time
OTHER LIABILITIES	`OtherLiabilitiesNoncurrent`	$28.50M	USD	Point-in-time
ACCRUED EMPLOYEE AND RETIREE BENEFITS	`OtherEmployeeRelatedLiabilitiesCurrentAndNoncurrent`	$28.54M	USD	Point-in-time
ACCRUED EMPLOYEE AND RETIREE BENEFITS	`OtherEmployeeRelatedLiabilitiesCurrentAndNoncurrent`	$21.38M	USD	Point-in-time
LONG-TERM DEBT	`LongTermDebtNoncurrent`	$441.61M	USD	Point-in-time
LONG-TERM DEBT	`LongTermDebtNoncurrent`	$348.12M	USD	Point-in-time
Common stock	`CommonStockValue`	$5.40M	USD	Point-in-time
Common stock	`CommonStockValue`	$5.40M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$105.12M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$109.27M	USD	Point-in-time
Earnings reinvested in the business	`RetainedEarningsAccumulatedDeficit`	$1.22B	USD	Point-in-time
Earnings reinvested in the business	`RetainedEarningsAccumulatedDeficit`	$1.23B	USD	Point-in-time
Treasury stock, at cost	`TreasuryStockValue`	$199.08M	USD	Point-in-time
Treasury stock, at cost	`TreasuryStockValue`	$91.71M	USD	Point-in-time
Accumulated other comprehensive (loss) income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-45.59M	USD	Point-in-time
Accumulated other comprehensive (loss) income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$6.00M	USD	Point-in-time
Accumulated other comprehensive (loss) income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$11.23M	USD	Point-in-time
TOTAL SHAREHOLDERS' EQUITY	`StockholdersEquity`	$1.24B	USD	Point-in-time
TOTAL SHAREHOLDERS' EQUITY	`StockholdersEquity`	$1.10B	USD	Point-in-time
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$1.83B	USD	Point-in-time
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$1.87B	USD	Point-in-time

Income Statement 76 line items

Line Item	Tag	Value	Unit	Period
Revenue	`SalesRevenueGoodsNet`	$1.11B	USD	3 Qtrs
Revenue	`SalesRevenueGoodsNet`	$364.50M	USD	1 Quarter
Revenue	`SalesRevenueGoodsNet`	$1.11B	USD	3 Qtrs
Revenue	`SalesRevenueGoodsNet`	$370.46M	USD	1 Quarter
Cost of products sold	`CostOfGoodsSold`	$250.65M	USD	1 Quarter
Cost of products sold	`CostOfGoodsSold`	$729.60M	USD	3 Qtrs
Cost of products sold	`CostOfGoodsSold`	$752.89M	USD	3 Qtrs
Cost of products sold	`CostOfGoodsSold`	$243.00M	USD	1 Quarter
Selling and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$224.23M	USD	3 Qtrs
Selling and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$70.69M	USD	1 Quarter
Selling and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$85.41M	USD	1 Quarter
Selling and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$280.98M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$94.42M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$49.13M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$134.88M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$36.09M	USD	1 Quarter
Interest expense	`InterestExpense`	$4.02M	USD	1 Quarter
Interest expense	`InterestExpense`	$4.05M	USD	1 Quarter
Interest expense	`InterestExpense`	$12.32M	USD	3 Qtrs
Interest expense	`InterestExpense`	$11.87M	USD	3 Qtrs
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$45.08M	USD	1 Quarter
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$122.57M	USD	3 Qtrs
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$82.56M	USD	3 Qtrs
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$32.08M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$9.41M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$13.31M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$36.56M	USD	3 Qtrs
Income taxes	`IncomeTaxExpenseBenefit`	$27.12M	USD	3 Qtrs
Earnings from continuing operations	`IncomeLossFromContinuingOperations`	$22.66M	USD	1 Quarter
Earnings from continuing operations	`IncomeLossFromContinuingOperations`	$55.44M	USD	3 Qtrs
Earnings from continuing operations	`IncomeLossFromContinuingOperations`	$31.76M	USD	1 Quarter
Earnings from continuing operations	`IncomeLossFromContinuingOperations`	$86.01M	USD	3 Qtrs
Loss from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$-239.00K	USD	1 Quarter
Loss from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$-7.15M	USD	3 Qtrs
Loss from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$-763.00K	USD	3 Qtrs
Loss from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$-1.36M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$48.29M	USD	3 Qtrs
Net earnings	`NetIncomeLoss`	$21.30M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$31.52M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$85.25M	USD	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	49.74M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	48.80M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	47.90M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	49.76M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	49.95M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	48.23M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	49.08M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	49.91M	shares	3 Qtrs
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.47	USD	1 Quarter
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$1.14	USD	3 Qtrs
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$1.73	USD	3 Qtrs
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.64	USD	1 Quarter
Discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	-	USD	1 Quarter
Discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	$-0.15	USD	3 Qtrs
Discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	$-0.03	USD	1 Quarter
Discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	$-0.02	USD	3 Qtrs
Earnings per common share (in dollars per share)	`EarningsPerShareBasic`	$0.63	USD	1 Quarter
Earnings per common share (in dollars per share)	`EarningsPerShareBasic`	$0.99	USD	3 Qtrs
Earnings per common share (in dollars per share)	`EarningsPerShareBasic`	$0.44	USD	1 Quarter
Earnings per common share (in dollars per share)	`EarningsPerShareBasic`	$1.71	USD	3 Qtrs
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.47	USD	1 Quarter
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$1.72	USD	3 Qtrs
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.64	USD	1 Quarter
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$1.13	USD	3 Qtrs
Discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	$-0.15	USD	3 Qtrs
Discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	$-0.03	USD	1 Quarter
Discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	$-0.02	USD	3 Qtrs
Discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	-	USD	1 Quarter
Earnings per common share (in dollars per share)	`EarningsPerShareDiluted`	$0.98	USD	3 Qtrs
Earnings per common share (in dollars per share)	`EarningsPerShareDiluted`	$1.71	USD	3 Qtrs
Earnings per common share (in dollars per share)	`EarningsPerShareDiluted`	$0.44	USD	1 Quarter
Earnings per common share (in dollars per share)	`EarningsPerShareDiluted`	$0.63	USD	1 Quarter
Dividends declared per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.23	USD	1 Quarter
Dividends declared per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.25	USD	1 Quarter
Dividends declared per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.73	USD	3 Qtrs
Dividends declared per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.68	USD	3 Qtrs

Cash Flow Statement 48 line items

Line Item	Tag	Value	Unit	Period
Net earnings	`NetIncomeLoss`	$48.29M	USD	3 Qtrs
Net earnings	`NetIncomeLoss`	$21.30M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$31.52M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$85.25M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$39.46M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$39.05M	USD	3 Qtrs
Share-based compensation	`ShareBasedCompensation`	$1.96M	USD	3 Qtrs
Share-based compensation	`ShareBasedCompensation`	$4.04M	USD	3 Qtrs
Loss on assets	`GainLossOnDispositionOfAssets`	$-357.00K	USD	3 Qtrs
Loss on assets	`GainLossOnDispositionOfAssets`	$-66.55M	USD	3 Qtrs
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$8.56M	USD	3 Qtrs
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$1.10M	USD	3 Qtrs
Changes in operating assets and liabilities	`IncreaseDecreaseInOperatingCapital`	$22.67M	USD	3 Qtrs
Changes in operating assets and liabilities	`IncreaseDecreaseInOperatingCapital`	$7.75M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$117.77M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$127.11M	USD	3 Qtrs
Acquisition of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$77.25M	USD	3 Qtrs
Acquisition of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$46.73M	USD	3 Qtrs
Proceeds from sale of assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$926.00K	USD	3 Qtrs
Proceeds from sale of assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$5.93M	USD	3 Qtrs
Other investing activity	`PaymentsForProceedsFromOtherInvestingActivities`	$165.00K	USD	3 Qtrs
Other investing activity	`PaymentsForProceedsFromOtherInvestingActivities`	$685.00K	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-71.48M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-46.48M	USD	3 Qtrs
Proceeds from additional borrowings	`ProceedsFromIssuanceOfDebt`	$80.57M	USD	3 Qtrs
Proceeds from additional borrowings	`ProceedsFromIssuanceOfDebt`	$191.06M	USD	3 Qtrs
Debt payments	`RepaymentsOfDebt`	$115.64M	USD	3 Qtrs
Debt payments	`RepaymentsOfDebt`	$82.36M	USD	3 Qtrs
Purchase of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$108.75M	USD	3 Qtrs
Purchase of treasury stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	3 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	$34.02M	USD	3 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	$35.86M	USD	3 Qtrs
Proceeds from options exercised and other equity transactions	`ProceedsFromPaymentsForOtherFinancingActivities`	$576.00K	USD	3 Qtrs
Proceeds from options exercised and other equity transactions	`ProceedsFromPaymentsForOtherFinancingActivities`	$513.00K	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-68.61M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-35.29M	USD	3 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-6.06M	USD	3 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-1.80M	USD	3 Qtrs
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$5.95M	USD	3 Qtrs
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$9.19M	USD	3 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$25.79M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$15.06M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$19.84M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$24.25M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$25.79M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$15.06M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$19.84M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$24.25M	USD	Point-in-time

Comprehensive Income 4 line items

Line Item	Tag	Value	Unit	Period
Comprehensive Income	`ComprehensiveIncomeNetOfTax`	$58.77M	USD	1 Quarter
Comprehensive Income	`ComprehensiveIncomeNetOfTax`	$86.82M	USD	3 Qtrs
Comprehensive Income	`ComprehensiveIncomeNetOfTax`	$-35.51M	USD	1 Quarter
Comprehensive Income	`ComprehensiveIncomeNetOfTax`	$-3.30M	USD	3 Qtrs

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