10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001140361-23-022350 |
| Period End Date | 20230331 |
| Filing Date | 20230502 |
| Fiscal Year | 2023 |
| Fiscal Period | Q1 |
| XBRL Instance | brhc20051876_10q_htm.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
70 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$24.02M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$20.92M | USD | Point-in-time |
| Trade accounts receivable |
AccountsReceivableNetCurrent
|
$312.53M | USD | Point-in-time |
| Trade accounts receivable |
AccountsReceivableNetCurrent
|
$302.11M | USD | Point-in-time |
| Inventories |
InventoryNet
|
$564.11M | USD | Point-in-time |
| Inventories |
InventoryNet
|
$573.71M | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$49.64M | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$47.64M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$959.89M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$934.78M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$96.61M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$96.08M | USD | Point-in-time |
| Deferred tax assets |
DeferredIncomeTaxAssetsNet
|
$35.11M | USD | Point-in-time |
| Deferred tax assets |
DeferredIncomeTaxAssetsNet
|
$32.72M | USD | Point-in-time |
| Intangible assets, net |
FiniteLivedIntangibleAssetsNet
|
$18.60M | USD | Point-in-time |
| Intangible assets, net |
FiniteLivedIntangibleAssetsNet
|
$18.57M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$415.71M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$419.30M | USD | Point-in-time |
| Land |
Land
|
$31.73M | USD | Point-in-time |
| Land |
Land
|
$31.44M | USD | Point-in-time |
| Buildings |
BuildingsAndImprovementsGross
|
$322.27M | USD | Point-in-time |
| Buildings |
BuildingsAndImprovementsGross
|
$325.80M | USD | Point-in-time |
| Machinery and equipment |
MachineryAndEquipmentGross
|
$738.52M | USD | Point-in-time |
| Machinery and equipment |
MachineryAndEquipmentGross
|
$722.29M | USD | Point-in-time |
| Construction in progress |
ConstructionInProgressGross
|
$65.81M | USD | Point-in-time |
| Construction in progress |
ConstructionInProgressGross
|
$73.50M | USD | Point-in-time |
| Property, plant, and equipment, gross |
PropertyPlantAndEquipmentGross
|
$1.17B | USD | Point-in-time |
| Property, plant, and equipment, gross |
PropertyPlantAndEquipmentGross
|
$1.14B | USD | Point-in-time |
| Less accumulated depreciation |
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
$658.62M | USD | Point-in-time |
| Less accumulated depreciation |
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
$675.78M | USD | Point-in-time |
| Property, plant, and equipment, net |
PropertyPlantAndEquipmentNet
|
$483.19M | USD | Point-in-time |
| Property, plant, and equipment, net |
PropertyPlantAndEquipmentNet
|
$493.78M | USD | Point-in-time |
| Total assets |
Assets
|
$2.02B | USD | Point-in-time |
| Total assets |
Assets
|
$1.98B | USD | Point-in-time |
| Trade accounts payable |
AccountsPayableTradeCurrent
|
$121.29M | USD | Point-in-time |
| Trade accounts payable |
AccountsPayableTradeCurrent
|
$142.37M | USD | Point-in-time |
| Accrued salaries, wages, and withholdings from employees |
EmployeeRelatedLiabilitiesCurrent
|
$43.74M | USD | Point-in-time |
| Accrued salaries, wages, and withholdings from employees |
EmployeeRelatedLiabilitiesCurrent
|
$22.79M | USD | Point-in-time |
| Other accrued expenses |
OtherAccruedLiabilitiesCurrent
|
$51.23M | USD | Point-in-time |
| Other accrued expenses |
OtherAccruedLiabilitiesCurrent
|
$48.79M | USD | Point-in-time |
| Income taxes |
AccruedIncomeTaxesCurrent
|
$16.93M | USD | Point-in-time |
| Income taxes |
AccruedIncomeTaxesCurrent
|
$14.45M | USD | Point-in-time |
| Short-term borrowings |
DebtCurrent
|
$24.85M | USD | Point-in-time |
| Short-term borrowings |
DebtCurrent
|
$20.37M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$234.65M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$272.15M | USD | Point-in-time |
| Deferred tax liabilities |
DeferredIncomeTaxLiabilitiesNet
|
$16.20M | USD | Point-in-time |
| Deferred tax liabilities |
DeferredIncomeTaxLiabilitiesNet
|
$15.98M | USD | Point-in-time |
| Other liabilities |
OtherLiabilitiesNoncurrent
|
$36.65M | USD | Point-in-time |
| Other liabilities |
OtherLiabilitiesNoncurrent
|
$37.19M | USD | Point-in-time |
| Accrued employee and retiree benefits |
EmployeeRelatedLiabilitiesNonCurrent
|
$26.36M | USD | Point-in-time |
| Accrued employee and retiree benefits |
EmployeeRelatedLiabilitiesNonCurrent
|
$27.22M | USD | Point-in-time |
| Long-term debt |
LongTermDebtNoncurrent
|
$630.33M | USD | Point-in-time |
| Long-term debt |
LongTermDebtNoncurrent
|
$679.78M | 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
|
$124.04M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$112.59M | USD | Point-in-time |
| Earnings reinvested in the business |
RetainedEarningsAccumulatedDeficit
|
$1.70B | USD | Point-in-time |
| Earnings reinvested in the business |
RetainedEarningsAccumulatedDeficit
|
$1.72B | USD | Point-in-time |
| Treasury stock, at cost |
TreasuryStockCommonValue
|
$624.47M | USD | Point-in-time |
| Treasury stock, at cost |
TreasuryStockCommonValue
|
$631.85M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-184.39M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-200.69M | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquity
|
$938.42M | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquity
|
$1.03B | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquity
|
$961.71M | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquity
|
$999.60M | USD | Point-in-time |
| Total liabilities and shareholders' equity |
LiabilitiesAndStockholdersEquity
|
$2.02B | USD | Point-in-time |
| Total liabilities and shareholders' equity |
LiabilitiesAndStockholdersEquity
|
$1.98B | USD | Point-in-time |
Income Statement
26 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Revenue |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$355.52M | USD | 1 Quarter |
| Revenue |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$369.01M | USD | 1 Quarter |
| Cost of products sold |
CostOfGoodsAndServicesSold
|
$230.68M | USD | 1 Quarter |
| Cost of products sold |
CostOfGoodsAndServicesSold
|
$244.34M | USD | 1 Quarter |
| Selling and administrative expenses |
SellingGeneralAndAdministrativeExpense
|
$72.06M | USD | 1 Quarter |
| Selling and administrative expenses |
SellingGeneralAndAdministrativeExpense
|
$73.83M | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$52.79M | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$50.84M | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$2.99M | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$6.00M | USD | 1 Quarter |
| Earnings before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$49.80M | USD | 1 Quarter |
| Earnings before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$44.84M | USD | 1 Quarter |
| Income taxes |
IncomeTaxExpenseBenefit
|
$12.72M | USD | 1 Quarter |
| Income taxes |
IncomeTaxExpenseBenefit
|
$11.19M | USD | 1 Quarter |
| Net earnings |
NetIncomeLoss
|
$33.65M | USD | 1 Quarter |
| Net earnings |
NetIncomeLoss
|
$37.07M | USD | 1 Quarter |
| Basic (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
41.87M | shares | 1 Quarter |
| Basic (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
41.97M | shares | 1 Quarter |
| Diluted (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
42.26M | shares | 1 Quarter |
| Diluted (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
42.15M | shares | 1 Quarter |
| Basic (in dollars per share) |
EarningsPerShareBasic
|
$0.89 | USD | 1 Quarter |
| Basic (in dollars per share) |
EarningsPerShareBasic
|
$0.80 | USD | 1 Quarter |
| Diluted (in dollars per share) |
EarningsPerShareDiluted
|
$0.88 | USD | 1 Quarter |
| Diluted (in dollars per share) |
EarningsPerShareDiluted
|
$0.80 | USD | 1 Quarter |
| Dividends declared per common share (in dollars per share) |
CommonStockDividendsPerShareDeclared
|
$0.41 | USD | 1 Quarter |
| Dividends declared per common share (in dollars per share) |
CommonStockDividendsPerShareDeclared
|
$0.41 | USD | 1 Quarter |
Cash Flow Statement
56 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net earnings |
NetIncomeLoss
|
$33.65M | USD | 1 Quarter |
| Net earnings |
NetIncomeLoss
|
$37.07M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$13.06M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$14.15M | USD | 1 Quarter |
| Share-based compensation expense |
ShareBasedCompensation
|
$2.27M | USD | 1 Quarter |
| Share-based compensation expense |
ShareBasedCompensation
|
$4.16M | USD | 1 Quarter |
| Net loss (gain) on assets |
GainLossOnDispositionOfAssets
|
$-8.00K | USD | 1 Quarter |
| Net loss (gain) on assets |
GainLossOnDispositionOfAssets
|
$48.00K | USD | 1 Quarter |
| Deferred income taxes |
DeferredIncomeTaxExpenseBenefit
|
$-2.35M | USD | 1 Quarter |
| Deferred income taxes |
DeferredIncomeTaxExpenseBenefit
|
$4.21M | USD | 1 Quarter |
| Trade accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$7.14M | USD | 1 Quarter |
| Trade accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$20.84M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$11.90M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$4.37M | USD | 1 Quarter |
| Prepaid expenses and other assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$11.11M | USD | 1 Quarter |
| Prepaid expenses and other assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$2.06M | USD | 1 Quarter |
| Accounts payable and other accrued expenses |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$-19.25M | USD | 1 Quarter |
| Accounts payable and other accrued expenses |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$-10.27M | USD | 1 Quarter |
| Accrued salaries, wages, and withholdings from employees |
IncreaseDecreaseInEmployeeRelatedLiabilities
|
$-21.19M | USD | 1 Quarter |
| Accrued salaries, wages, and withholdings from employees |
IncreaseDecreaseInEmployeeRelatedLiabilities
|
$-12.43M | USD | 1 Quarter |
| Income taxes |
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
$7.06M | USD | 1 Quarter |
| Income taxes |
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
$2.55M | USD | 1 Quarter |
| Other liabilities |
IncreaseDecreaseInOtherOperatingLiabilities
|
$698.00K | USD | 1 Quarter |
| Other liabilities |
IncreaseDecreaseInOtherOperatingLiabilities
|
$137.00K | USD | 1 Quarter |
| Net cash used in operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-892.00K | USD | 1 Quarter |
| Net cash used in operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-3.04M | USD | 1 Quarter |
| Acquisition of property, plant, and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$22.28M | USD | 1 Quarter |
| Acquisition of property, plant, and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$12.74M | USD | 1 Quarter |
| Proceeds from sale of assets |
ProceedsFromSaleOfPropertyPlantAndEquipment
|
$1.00K | USD | 1 Quarter |
| Proceeds from sale of assets |
ProceedsFromSaleOfPropertyPlantAndEquipment
|
$89.00K | USD | 1 Quarter |
| Other investing activities |
PaymentsForProceedsFromOtherInvestingActivities
|
$602.00K | USD | 1 Quarter |
| Other investing activities |
PaymentsForProceedsFromOtherInvestingActivities
|
$-434.00K | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-22.88M | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-12.21M | USD | 1 Quarter |
| Proceeds from additional borrowings |
ProceedsFromIssuanceOfDebt
|
$50.83M | USD | 1 Quarter |
| Proceeds from additional borrowings |
ProceedsFromIssuanceOfDebt
|
$40.10M | USD | 1 Quarter |
| Debt payments |
RepaymentsOfDebt
|
$6.28M | USD | 1 Quarter |
| Debt payments |
RepaymentsOfDebt
|
$1.35M | USD | 1 Quarter |
| Dividends paid |
PaymentsOfDividendsCommonStock
|
$17.21M | USD | 1 Quarter |
| Dividends paid |
PaymentsOfDividendsCommonStock
|
$17.25M | USD | 1 Quarter |
| Other financing activities |
ProceedsFromPaymentsForOtherFinancingActivities
|
$-1.68M | USD | 1 Quarter |
| Other financing activities |
ProceedsFromPaymentsForOtherFinancingActivities
|
$-7.67M | USD | 1 Quarter |
| Net cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$14.93M | USD | 1 Quarter |
| Net cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$24.55M | USD | 1 Quarter |
| Effect of exchange rate changes on cash and cash equivalents |
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$4.47M | USD | 1 Quarter |
| Effect of exchange rate changes on cash and cash equivalents |
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$4.61M | USD | 1 Quarter |
| Net increase in cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$3.10M | USD | 1 Quarter |
| Net increase in cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$6.43M | USD | 1 Quarter |
| Cash and cash equivalents at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$20.92M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$25.74M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$24.02M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$32.17M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$20.92M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$25.74M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$24.02M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$32.17M | USD | Point-in-time |
Stockholders Equity
24 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Cash dividends per share (in dollars per share) |
CommonStockDividendsPerShareCashPaid
|
$0.41 | USD | 1 Quarter |
| Cash dividends per share (in dollars per share) |
CommonStockDividendsPerShareCashPaid
|
$0.41 | USD | 1 Quarter |
| Beginning balance |
StockholdersEquity
|
$938.42M | USD | Point-in-time |
| Beginning balance |
StockholdersEquity
|
$1.03B | USD | Point-in-time |
| Beginning balance |
StockholdersEquity
|
$961.71M | USD | Point-in-time |
| Beginning balance |
StockholdersEquity
|
$999.60M | USD | Point-in-time |
| Net earnings |
NetIncomeLoss
|
$33.65M | USD | 1 Quarter |
| Net earnings |
NetIncomeLoss
|
$37.07M | USD | 1 Quarter |
| Other comprehensive income (loss) |
OtherComprehensiveIncomeLossNetOfTax
|
$16.30M | USD | 1 Quarter |
| Other comprehensive income (loss) |
OtherComprehensiveIncomeLossNetOfTax
|
$-237.00K | USD | 1 Quarter |
| Cash dividends paid |
DividendsCommonStockCash
|
$17.21M | USD | 1 Quarter |
| Cash dividends paid |
DividendsCommonStockCash
|
$17.25M | USD | 1 Quarter |
| Share-based compensation |
StockIssuedDuringPeriodValueShareBasedCompensation
|
$2.27M | USD | 1 Quarter |
| Share-based compensation |
StockIssuedDuringPeriodValueShareBasedCompensation
|
$4.16M | USD | 1 Quarter |
| Non-vested stock issued upon vesting |
NonvestedStockIssuedUponVesting
|
- | USD | 1 Quarter |
| Non-vested stock issued upon vesting |
NonvestedStockIssuedUponVesting
|
- | USD | 1 Quarter |
| Benefit plans |
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
|
$1.18M | USD | 1 Quarter |
| Benefit plans |
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
|
$1.33M | USD | 1 Quarter |
| Other |
StockholdersEquityOther
|
$7.67M | USD | 1 Quarter |
| Other |
StockholdersEquityOther
|
$1.68M | USD | 1 Quarter |
| Ending balance |
StockholdersEquity
|
$938.42M | USD | Point-in-time |
| Ending balance |
StockholdersEquity
|
$1.03B | USD | Point-in-time |
| Ending balance |
StockholdersEquity
|
$961.71M | USD | Point-in-time |
| Ending balance |
StockholdersEquity
|
$999.60M | USD | Point-in-time |
Comprehensive Income
2 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Comprehensive income |
ComprehensiveIncomeNetOfTax
|
$36.83M | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTax
|
$49.95M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.