10-Q Filing

SENSIENT TECHNOLOGIES CORP CIK: 310142 Q2 2015

Filing Information

Form Type	10-Q
Accession Number	`0001140361-15-030335`
Period End Date	20150630
Filing Date	20150807
Fiscal Year	2015
Fiscal Period	Q2
XBRL Instance	sxt-20150630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 71 Income Statement 76 Cash Flow Statement 50 Comprehensive Income 4

Balance Sheet 71 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$28.43M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$19.84M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$20.33M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$21.79M	USD	Point-in-time
Trade accounts receivable, net	`AccountsReceivableNetCurrent`	$248.11M	USD	Point-in-time
Trade accounts receivable, net	`AccountsReceivableNetCurrent`	$228.91M	USD	Point-in-time
Inventories	`InventoryNet`	$428.44M	USD	Point-in-time
Inventories	`InventoryNet`	$449.41M	USD	Point-in-time
Prepaid expenses and other current assets	`OtherAssetsCurrent`	$38.42M	USD	Point-in-time
Prepaid expenses and other current assets	`OtherAssetsCurrent`	$37.71M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$21.73M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$21.98M	USD	Point-in-time
Assets held for sale	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$1.30M	USD	Point-in-time
Assets held for sale	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$2.06M	USD	Point-in-time
TOTAL CURRENT ASSETS	`AssetsCurrent`	$759.39M	USD	Point-in-time
TOTAL CURRENT ASSETS	`AssetsCurrent`	$760.80M	USD	Point-in-time
OTHER ASSETS	`OtherAssetsNoncurrent`	$72.10M	USD	Point-in-time
OTHER ASSETS	`OtherAssetsNoncurrent`	$77.38M	USD	Point-in-time
INTANGIBLE ASSETS, NET	`FiniteLivedIntangibleAssetsNet`	$10.42M	USD	Point-in-time
INTANGIBLE ASSETS, NET	`FiniteLivedIntangibleAssetsNet`	$8.76M	USD	Point-in-time
GOODWILL	`Goodwill`	$424.11M	USD	Point-in-time
GOODWILL	`Goodwill`	$413.50M	USD	Point-in-time
Land	`Land`	$42.87M	USD	Point-in-time
Land	`Land`	$37.81M	USD	Point-in-time
Buildings	`BuildingsAndImprovementsGross`	$283.81M	USD	Point-in-time
Buildings	`BuildingsAndImprovementsGross`	$295.38M	USD	Point-in-time
Machinery and equipment	`MachineryAndEquipmentGross`	$711.34M	USD	Point-in-time
Machinery and equipment	`MachineryAndEquipmentGross`	$723.63M	USD	Point-in-time
Construction in progress	`ConstructionInProgressGross`	$57.56M	USD	Point-in-time
Construction in progress	`ConstructionInProgressGross`	$54.58M	USD	Point-in-time
Property, Plant and Equipment, Gross, Total	`PropertyPlantAndEquipmentGross`	$1.09B	USD	Point-in-time
Property, Plant and Equipment, Gross, Total	`PropertyPlantAndEquipmentGross`	$1.12B	USD	Point-in-time
Less accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$613.69M	USD	Point-in-time
Less accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$620.89M	USD	Point-in-time
Property, Plant and Equipment, Net, Total	`PropertyPlantAndEquipmentNet`	$495.57M	USD	Point-in-time
Property, Plant and Equipment, Net, Total	`PropertyPlantAndEquipmentNet`	$476.82M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$1.77B	USD	Point-in-time
TOTAL ASSETS	`Assets`	$1.73B	USD	Point-in-time
Trade accounts payable	`AccountsPayableTradeCurrent`	$106.96M	USD	Point-in-time
Trade accounts payable	`AccountsPayableTradeCurrent`	$99.03M	USD	Point-in-time
Accrued salaries, wages and withholdings from employees	`EmployeeRelatedLiabilitiesCurrent`	$30.01M	USD	Point-in-time
Accrued salaries, wages and withholdings from employees	`EmployeeRelatedLiabilitiesCurrent`	$24.91M	USD	Point-in-time
Other accrued expenses	`OtherAccruedLiabilitiesCurrent`	$76.38M	USD	Point-in-time
Other accrued expenses	`OtherAccruedLiabilitiesCurrent`	$71.01M	USD	Point-in-time
Income taxes	`AccruedIncomeTaxesCurrent`	$3.85M	USD	Point-in-time
Income taxes	`AccruedIncomeTaxesCurrent`	$3.59M	USD	Point-in-time
Short-term borrowings	`ShortTermBorrowings`	$15.89M	USD	Point-in-time
Short-term borrowings	`ShortTermBorrowings`	$24.07M	USD	Point-in-time
TOTAL CURRENT LIABILITIES	`LiabilitiesCurrent`	$224.91M	USD	Point-in-time
TOTAL CURRENT LIABILITIES	`LiabilitiesCurrent`	$230.81M	USD	Point-in-time
OTHER LIABILITIES	`OtherLiabilitiesNoncurrent`	$11.62M	USD	Point-in-time
OTHER LIABILITIES	`OtherLiabilitiesNoncurrent`	$17.37M	USD	Point-in-time
ACCRUED EMPLOYEE AND RETIREE BENEFITS	`OtherEmployeeRelatedLiabilitiesCurrentAndNoncurrent`	$24.98M	USD	Point-in-time
ACCRUED EMPLOYEE AND RETIREE BENEFITS	`OtherEmployeeRelatedLiabilitiesCurrentAndNoncurrent`	$25.50M	USD	Point-in-time
LONG-TERM DEBT	`LongTermDebtNoncurrent`	$549.48M	USD	Point-in-time
LONG-TERM DEBT	`LongTermDebtNoncurrent`	$451.01M	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`	$110.97M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$111.20M	USD	Point-in-time
Earnings reinvested in the business	`RetainedEarningsAccumulatedDeficit`	$1.24B	USD	Point-in-time
Earnings reinvested in the business	`RetainedEarningsAccumulatedDeficit`	$1.28B	USD	Point-in-time
Treasury stock, at cost	`TreasuryStockValue`	$227.93M	USD	Point-in-time
Treasury stock, at cost	`TreasuryStockValue`	$353.11M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-127.26M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-146.57M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-85.13M	USD	Point-in-time
TOTAL SHAREHOLDERS' EQUITY	`StockholdersEquity`	$1.05B	USD	Point-in-time
TOTAL SHAREHOLDERS' EQUITY	`StockholdersEquity`	$916.23M	USD	Point-in-time
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$1.77B	USD	Point-in-time
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$1.73B	USD	Point-in-time

Income Statement 76 line items

Line Item	Tag	Value	Unit	Period
Revenue	`SalesRevenueGoodsNet`	$740.50M	USD	2 Qtrs
Revenue	`SalesRevenueGoodsNet`	$346.01M	USD	1 Quarter
Revenue	`SalesRevenueGoodsNet`	$692.24M	USD	2 Qtrs
Revenue	`SalesRevenueGoodsNet`	$373.37M	USD	1 Quarter
Cost of products sold	`CostOfGoodsSold`	$227.85M	USD	1 Quarter
Cost of products sold	`CostOfGoodsSold`	$486.59M	USD	2 Qtrs
Cost of products sold	`CostOfGoodsSold`	$243.97M	USD	1 Quarter
Cost of products sold	`CostOfGoodsSold`	$456.65M	USD	2 Qtrs
Selling and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$195.57M	USD	2 Qtrs
Selling and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$79.66M	USD	1 Quarter
Selling and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$73.09M	USD	1 Quarter
Selling and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$144.07M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$49.74M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$91.51M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$58.33M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$45.07M	USD	1 Quarter
Interest expense	`InterestExpense`	$3.72M	USD	1 Quarter
Interest expense	`InterestExpense`	$4.11M	USD	1 Quarter
Interest expense	`InterestExpense`	$8.02M	USD	2 Qtrs
Interest expense	`InterestExpense`	$7.85M	USD	2 Qtrs
Earnings (Loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$40.96M	USD	1 Quarter
Earnings (Loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$46.03M	USD	1 Quarter
Earnings (Loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$83.49M	USD	2 Qtrs
Earnings (Loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$50.48M	USD	2 Qtrs
Income taxes	`IncomeTaxExpenseBenefit`	$15.88M	USD	1 Quarter
Income taxes	`IncomeTaxExpenseBenefit`	$23.21M	USD	2 Qtrs
Income taxes	`IncomeTaxExpenseBenefit`	$17.70M	USD	2 Qtrs
Income taxes	`IncomeTaxExpenseBenefit`	$11.42M	USD	1 Quarter
Earnings from continuing operations	`IncomeLossFromContinuingOperations`	$60.28M	USD	2 Qtrs
Earnings from continuing operations	`IncomeLossFromContinuingOperations`	$29.54M	USD	1 Quarter
Earnings from continuing operations	`IncomeLossFromContinuingOperations`	$32.78M	USD	2 Qtrs
Earnings from continuing operations	`IncomeLossFromContinuingOperations`	$30.15M	USD	1 Quarter
Loss from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$-301.00K	USD	2 Qtrs
Loss from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$-5.79M	USD	2 Qtrs
Loss from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$-92.00K	USD	1 Quarter
Loss from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$-1.09M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$26.99M	USD	2 Qtrs
Net earnings	`NetIncomeLoss`	$29.45M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$59.98M	USD	2 Qtrs
Net earnings	`NetIncomeLoss`	$29.06M	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	46.67M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	48.66M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	49.26M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	46.17M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	49.51M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	46.98M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	48.95M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	46.47M	shares	1 Quarter
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.62	USD	1 Quarter
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.67	USD	2 Qtrs
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.64	USD	1 Quarter
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$1.29	USD	2 Qtrs
Discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	$-0.02	USD	1 Quarter
Discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	-	USD	1 Quarter
Discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	$-0.12	USD	2 Qtrs
Discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	$-0.01	USD	2 Qtrs
Earnings per common share (in dollars per share)	`EarningsPerShareBasic`	$1.29	USD	2 Qtrs
Earnings per common share (in dollars per share)	`EarningsPerShareBasic`	$0.60	USD	1 Quarter
Earnings per common share (in dollars per share)	`EarningsPerShareBasic`	$0.55	USD	2 Qtrs
Earnings per common share (in dollars per share)	`EarningsPerShareBasic`	$0.64	USD	1 Quarter
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.64	USD	1 Quarter
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.62	USD	1 Quarter
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.66	USD	2 Qtrs
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$1.28	USD	2 Qtrs
Discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	$-0.12	USD	2 Qtrs
Discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	$-0.01	USD	2 Qtrs
Discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	-	USD	1 Quarter
Discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	$-0.02	USD	1 Quarter
Earnings per common share (in dollars per share)	`EarningsPerShareDiluted`	$0.55	USD	2 Qtrs
Earnings per common share (in dollars per share)	`EarningsPerShareDiluted`	$0.59	USD	1 Quarter
Earnings per common share (in dollars per share)	`EarningsPerShareDiluted`	$1.28	USD	2 Qtrs
Earnings per common share (in dollars per share)	`EarningsPerShareDiluted`	$0.63	USD	1 Quarter
Dividends declared per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.50	USD	2 Qtrs
Dividends declared per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	-	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`	$0.48	USD	2 Qtrs

Cash Flow Statement 50 line items

Line Item	Tag	Value	Unit	Period
Net earnings	`NetIncomeLoss`	$26.99M	USD	2 Qtrs
Net earnings	`NetIncomeLoss`	$29.45M	USD	1 Quarter
Net earnings	`NetIncomeLoss`	$59.98M	USD	2 Qtrs
Net earnings	`NetIncomeLoss`	$29.06M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$24.26M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$26.39M	USD	2 Qtrs
Share-based compensation	`ShareBasedCompensation`	$711.00K	USD	2 Qtrs
Share-based compensation	`ShareBasedCompensation`	$2.85M	USD	2 Qtrs
Loss on assets	`GainLossOnDispositionOfAssets`	$-6.17M	USD	2 Qtrs
Loss on assets	`GainLossOnDispositionOfAssets`	$-48.26M	USD	2 Qtrs
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$-3.03M	USD	2 Qtrs
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$6.59M	USD	2 Qtrs
Changes in operating assets and liabilities	`IncreaseDecreaseInOperatingCapital`	$17.27M	USD	2 Qtrs
Changes in operating assets and liabilities	`IncreaseDecreaseInOperatingCapital`	$28.46M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$76.88M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$69.44M	USD	2 Qtrs
Acquisition of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$29.75M	USD	2 Qtrs
Acquisition of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$36.97M	USD	2 Qtrs
Proceeds from sale of assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$12.63M	USD	2 Qtrs
Proceeds from sale of assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$930.00K	USD	2 Qtrs
Acquisition of new business	`PaymentsToAcquireBusinessesGross`	$8.39M	USD	2 Qtrs
Acquisition of new business	`PaymentsToAcquireBusinessesGross`	-	USD	2 Qtrs
Other investing activity	`PaymentsForProceedsFromOtherInvestingActivities`	$101.00K	USD	2 Qtrs
Other investing activity	`PaymentsForProceedsFromOtherInvestingActivities`	$620.00K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-29.44M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-32.84M	USD	2 Qtrs
Proceeds from additional borrowings	`ProceedsFromIssuanceOfDebt`	$130.24M	USD	2 Qtrs
Proceeds from additional borrowings	`ProceedsFromIssuanceOfDebt`	$174.74M	USD	2 Qtrs
Debt payments	`RepaymentsOfDebt`	$73.48M	USD	2 Qtrs
Debt payments	`RepaymentsOfDebt`	$20.10M	USD	2 Qtrs
Purchase of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$123.09M	USD	2 Qtrs
Purchase of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$108.75M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	$23.81M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	$23.60M	USD	2 Qtrs
Proceeds from options exercised and other equity transactions	`ProceedsFromPaymentsForOtherFinancingActivities`	$396.00K	USD	2 Qtrs
Proceeds from options exercised and other equity transactions	`ProceedsFromPaymentsForOtherFinancingActivities`	$554.00K	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-36.00M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-30.90M	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-502.00K	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-6.59M	USD	2 Qtrs
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$8.59M	USD	2 Qtrs
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$1.46M	USD	2 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$28.43M	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`	$20.33M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$21.79M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$28.43M	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`	$20.33M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$21.79M	USD	Point-in-time

Comprehensive Income 4 line items

Line Item	Tag	Value	Unit	Period
Comprehensive Income	`ComprehensiveIncomeNetOfTax`	$48.76M	USD	1 Quarter
Comprehensive Income	`ComprehensiveIncomeNetOfTax`	$32.21M	USD	2 Qtrs
Comprehensive Income	`ComprehensiveIncomeNetOfTax`	$17.84M	USD	2 Qtrs
Comprehensive Income	`ComprehensiveIncomeNetOfTax`	$34.13M	USD	1 Quarter

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