10-Q Filing

ACUITY INC. (DE) CIK: 1144215 Q1 2012

Filing Information

Form Type	10-Q
Accession Number	`0001144215-12-000004`
Period End Date	20111130
Filing Date	20120109
Fiscal Year	2012
Fiscal Period	Q1
XBRL Instance	ayi-20111130.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 94 Income Statement 34 Cash Flow Statement 60

Balance Sheet 94 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$170.20M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$172.70M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$152.20M	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$1.80M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$191.00M	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$1.80M	USD	Point-in-time
Accounts receivable, less reserve for doubtful accounts of $1.8 at November 30, 2011 and August 31, 2011	`AccountsReceivableNetCurrent`	$262.60M	USD	Point-in-time
Accounts receivable, less reserve for doubtful accounts of $1.8 at November 30, 2011 and August 31, 2011	`AccountsReceivableNetCurrent`	$262.60M	USD	Point-in-time
Inventories	`InventoryNet`	$165.90M	USD	Point-in-time
Inventories	`InventoryNet`	$162.50M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$15.70M	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
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$16.00M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	50.00M	shares	Point-in-time
Prepayments and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$15.80M	USD	Point-in-time
Prepayments and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$25.70M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	50.00M	shares	Point-in-time
Preferred stock, issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$639.20M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$630.50M	USD	Point-in-time
Preferred stock, issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Land	`Land`	$7.10M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Land	`Land`	$8.40M	USD	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	51.19M	shares	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	50.96M	shares	Point-in-time
Buildings and leasehold improvements	`BuildingsAndImprovementsGross`	$111.40M	USD	Point-in-time
Buildings and leasehold improvements	`BuildingsAndImprovementsGross`	$121.20M	USD	Point-in-time
Machinery and equipment	`MachineryAndEquipmentGross`	$355.30M	USD	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	41.49M	shares	Point-in-time
Machinery and equipment	`MachineryAndEquipmentGross`	$355.70M	USD	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	41.47M	shares	Point-in-time
Treasury stock	`TreasuryStockShares`	9.72M	shares	Point-in-time
Total Property, Plant, and Equipment	`PropertyPlantAndEquipmentGross`	$474.20M	USD	Point-in-time
Treasury stock	`TreasuryStockShares`	9.47M	shares	Point-in-time
Total Property, Plant, and Equipment	`PropertyPlantAndEquipmentGross`	$484.90M	USD	Point-in-time
Less - Accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$340.60M	USD	Point-in-time
Less - Accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$341.70M	USD	Point-in-time
Property, Plant, and Equipment, net	`PropertyPlantAndEquipmentNet`	$143.20M	USD	Point-in-time
Property, Plant, and Equipment, net	`PropertyPlantAndEquipmentNet`	$133.60M	USD	Point-in-time
Goodwill	`Goodwill`	$559.20M	USD	Point-in-time
Goodwill	`Goodwill`	$559.60M	USD	Point-in-time
Intangible assets	`IntangibleAssetsNetExcludingGoodwill`	$233.00M	USD	Point-in-time
Intangible assets	`IntangibleAssetsNetExcludingGoodwill`	$234.20M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetNoncurrent`	$2.00M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetNoncurrent`	$2.00M	USD	Point-in-time
Other long-term assets	`OtherLongTermAssets`	$28.30M	USD	Point-in-time
Other long-term assets	`OtherLongTermAssets`	$27.60M	USD	Point-in-time
Total Other Assets	`AssetsNoncurrent`	$822.20M	USD	Point-in-time
Total Other Assets	`AssetsNoncurrent`	$823.70M	USD	Point-in-time
Total Assets	`Assets`	$1.60B	USD	Point-in-time
Total Assets	`Assets`	$1.59B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$203.80M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$198.90M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$22.80M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$45.00M	USD	Point-in-time
Accrued pension liabilities, current	`PensionAndOtherPostretirementDefinedBenefitPlansCurrentLiabilities`	$1.20M	USD	Point-in-time
Accrued pension liabilities, current	`PensionAndOtherPostretirementDefinedBenefitPlansCurrentLiabilities`	$1.20M	USD	Point-in-time
Other accrued liabilities	`OtherAccruedLiabilitiesCurrent`	$94.50M	USD	Point-in-time
Other accrued liabilities	`OtherAccruedLiabilitiesCurrent`	$81.40M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$331.40M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$317.40M	USD	Point-in-time
Long-Term Debt	`LongTermDebtNoncurrent`	$353.40M	USD	Point-in-time
Long-Term Debt	`LongTermDebtNoncurrent`	$353.40M	USD	Point-in-time
Accrued Pension Liabilities, less current portion	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$60.50M	USD	Point-in-time
Accrued Pension Liabilities, less current portion	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$56.70M	USD	Point-in-time
Deferred Income Taxes	`DeferredTaxLiabilitiesNoncurrent`	$36.40M	USD	Point-in-time
Deferred Income Taxes	`DeferredTaxLiabilitiesNoncurrent`	$36.30M	USD	Point-in-time
Self-Insurance Reserves, less current portion	`SelfInsuranceReserve`	$7.30M	USD	Point-in-time
Self-Insurance Reserves, less current portion	`SelfInsuranceReserve`	$7.30M	USD	Point-in-time
Other Long-Term Liabilities	`OtherLongTermLiabilities`	$51.40M	USD	Point-in-time
Other Long-Term Liabilities	`OtherLongTermLiabilities`	$58.50M	USD	Point-in-time
Commitments and Contingencies (see Commitments and Contingencies footnote)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies (see Commitments and Contingencies footnote)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $0.01 par value; 50,000,000 shares authorized; none issued	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.01 par value; 50,000,000 shares authorized; none issued	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.01 par value; 500,000,000 shares authorized; 51,188,136 issued and 41,468,881 outstanding at November 30, 2011; and 50,956,137 issued and 41,488,882 outstanding at August 31, 2011	`CommonStockValue`	$500.00K	USD	Point-in-time
Common stock, $0.01 par value; 500,000,000 shares authorized; 51,188,136 issued and 41,468,881 outstanding at November 30, 2011; and 50,956,137 issued and 41,488,882 outstanding at August 31, 2011	`CommonStockValue`	$500.00K	USD	Point-in-time
Paid-in capital	`AdditionalPaidInCapitalCommonStock`	$682.40M	USD	Point-in-time
Paid-in capital	`AdditionalPaidInCapitalCommonStock`	$680.30M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$541.00M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$565.50M	USD	Point-in-time
Accumulated other comprehensive loss items	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-62.90M	USD	Point-in-time
Accumulated other comprehensive loss items	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-53.80M	USD	Point-in-time
Treasury stock, at cost, 9,719,255 at November 30, 2011 and 9,467,255 shares at August 31, 2011	`TreasuryStockValue`	$411.00M	USD	Point-in-time
Treasury stock, at cost, 9,719,255 at November 30, 2011 and 9,467,255 shares at August 31, 2011	`TreasuryStockValue`	$420.10M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$765.40M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$757.00M	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$1.59B	USD	Point-in-time
Total Liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$1.60B	USD	Point-in-time

Income Statement 34 line items

Line Item	Tag	Value	Unit	Period
Net Sales	`SalesRevenueGoodsNet`	$425.00M	USD	1 Quarter
Net Sales	`SalesRevenueGoodsNet`	$474.30M	USD	1 Quarter
Cost of Products Sold	`CostOfGoodsSold`	$280.70M	USD	1 Quarter
Cost of Products Sold	`CostOfGoodsSold`	$248.90M	USD	1 Quarter
Gross Profit	`GrossProfit`	$176.10M	USD	1 Quarter
Gross Profit	`GrossProfit`	$193.60M	USD	1 Quarter
Selling, Distribution, and Administrative Expenses	`SellingGeneralAndAdministrativeExpense`	$130.60M	USD	1 Quarter
Selling, Distribution, and Administrative Expenses	`SellingGeneralAndAdministrativeExpense`	$140.30M	USD	1 Quarter
Special Charge	`RestructuringCharges`	-	USD	1 Quarter
Special Charge	`RestructuringCharges`	$2.70M	USD	1 Quarter
Operating Profit	`OperatingIncomeLoss`	$45.50M	USD	1 Quarter
Operating Profit	`OperatingIncomeLoss`	$50.60M	USD	1 Quarter
Interest Expense, net	`InterestRevenueExpenseNet`	$-7.70M	USD	1 Quarter
Interest Expense, net	`InterestRevenueExpenseNet`	$-7.50M	USD	1 Quarter
Miscellaneous (Income) Expense, net	`OtherNonoperatingIncomeExpense`	$2.90M	USD	1 Quarter
Miscellaneous (Income) Expense, net	`OtherNonoperatingIncomeExpense`	$-1.20M	USD	1 Quarter
Total Other Expense	`OtherNonoperatingExpenses`	$-8.70M	USD	1 Quarter
Total Other Expense	`OtherNonoperatingExpenses`	$-4.80M	USD	1 Quarter
Income before Provision for Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$36.80M	USD	1 Quarter
Income before Provision for Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$45.80M	USD	1 Quarter
Provision for Income Taxes	`IncomeTaxExpenseBenefit`	$15.90M	USD	1 Quarter
Provision for Income Taxes	`IncomeTaxExpenseBenefit`	$12.40M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$29.90M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$24.40M	USD	1 Quarter
Basic Earnings per Share	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.57	USD	1 Quarter
Basic Earnings per Share	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.71	USD	1 Quarter
Basic Weighted Average Number of Shares Outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	42.00M	shares	1 Quarter
Basic Weighted Average Number of Shares Outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	41.20M	shares	1 Quarter
Diluted Earnings per Share	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.70	USD	1 Quarter
Diluted Earnings per Share	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.56	USD	1 Quarter
Diluted Weighted Average Number of Shares Outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	41.70M	shares	1 Quarter
Diluted Weighted Average Number of Shares Outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	42.80M	shares	1 Quarter
Dividends Declared per Share	`CommonStockDividendsPerShareDeclared`	$0.13	USD	1 Quarter
Dividends Declared per Share	`CommonStockDividendsPerShareDeclared`	$0.13	USD	1 Quarter

Cash Flow Statement 60 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$29.90M	USD	1 Quarter
Net income	`NetIncomeLoss`	$24.40M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$10.10M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$9.60M	USD	1 Quarter
Share-based compensation expense, net	`ShareBasedCompensation`	$-1.10M	USD	1 Quarter
Share-based compensation expense, net	`ShareBasedCompensation`	$200.00K	USD	1 Quarter
Excess tax benefits from share-based payments	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$2.90M	USD	1 Quarter
Excess tax benefits from share-based payments	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$1.10M	USD	1 Quarter
Loss on the sale or disposal of property, plant, and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	-	USD	1 Quarter
Loss on the sale or disposal of property, plant, and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-100.00K	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-1.00M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-2.20M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-11.50M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$1.70M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$17.80M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$-2.90M	USD	1 Quarter
Prepayments and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$5.50M	USD	1 Quarter
Prepayments and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$5.40M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-11.80M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-4.20M	USD	1 Quarter
Other current liabilities	`IncreaseDecreaseInOtherAccruedLiabilities`	$-8.70M	USD	1 Quarter
Other current liabilities	`IncreaseDecreaseInOtherAccruedLiabilities`	$-7.20M	USD	1 Quarter
Other	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-8.50M	USD	1 Quarter
Other	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-6.40M	USD	1 Quarter
Net Cash Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$27.70M	USD	1 Quarter
Net Cash Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$5.30M	USD	1 Quarter
Purchases of property, plant, and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$4.20M	USD	1 Quarter
Purchases of property, plant, and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$6.70M	USD	1 Quarter
Proceeds from sale of property, plant, and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$100.00K	USD	1 Quarter
Proceeds from sale of property, plant, and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	-	USD	1 Quarter
Acquisitions of businesses and intangible assets, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$36.20M	USD	1 Quarter
Acquisitions of businesses and intangible assets, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$3.80M	USD	1 Quarter
Net Cash Used for Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-8.00M	USD	1 Quarter
Net Cash Used for Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-42.80M	USD	1 Quarter
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$2.90M	USD	1 Quarter
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$9.20M	USD	1 Quarter
Proceeds from stock option exercises and other	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$800.00K	USD	1 Quarter
Proceeds from stock option exercises and other	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$3.30M	USD	1 Quarter
Excess tax benefits from share-based payments	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$2.90M	USD	1 Quarter
Excess tax benefits from share-based payments	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$1.10M	USD	1 Quarter
Dividends paid	`PaymentsOfDividendsCommonStock`	$5.50M	USD	1 Quarter
Dividends paid	`PaymentsOfDividendsCommonStock`	$5.60M	USD	1 Quarter
Net Cash Used for Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$-12.80M	USD	1 Quarter
Net Cash Used for Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$-2.30M	USD	1 Quarter
Effect of Exchange Rate Changes on Cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-4.40M	USD	1 Quarter
Effect of Exchange Rate Changes on Cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$1.00M	USD	1 Quarter
Net Change in Cash and Cash Equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$2.50M	USD	1 Quarter
Net Change in Cash and Cash Equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-38.80M	USD	1 Quarter
Cash and Cash Equivalents at Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$170.20M	USD	Point-in-time
Cash and Cash Equivalents at Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$172.70M	USD	Point-in-time
Cash and Cash Equivalents at Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$152.20M	USD	Point-in-time
Cash and Cash Equivalents at Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$191.00M	USD	Point-in-time
Cash and Cash Equivalents at End of Period	`CashAndCashEquivalentsAtCarryingValue`	$170.20M	USD	Point-in-time
Cash and Cash Equivalents at End of Period	`CashAndCashEquivalentsAtCarryingValue`	$172.70M	USD	Point-in-time
Cash and Cash Equivalents at End of Period	`CashAndCashEquivalentsAtCarryingValue`	$152.20M	USD	Point-in-time
Cash and Cash Equivalents at End of Period	`CashAndCashEquivalentsAtCarryingValue`	$191.00M	USD	Point-in-time
Income taxes paid during the period	`IncomeTaxesPaid`	$3.00M	USD	1 Quarter
Income taxes paid during the period	`IncomeTaxesPaid`	$7.50M	USD	1 Quarter
Interest paid during the period	`InterestPaid`	$2.20M	USD	1 Quarter
Interest paid during the period	`InterestPaid`	$2.40M	USD	1 Quarter

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