10-Q/A Filing

ACUITY INC. (DE) CIK: 1144215 Q1 2014

Filing Information

Form Type	10-Q/A
Accession Number	`0001144215-14-000006`
Period End Date	20131130
Filing Date	20140109
Fiscal Year	2014
Fiscal Period	Q1
XBRL Instance	ayi-20131130.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 94 Income Statement 42 Cash Flow Statement 54

Balance Sheet 94 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$1.50M	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$2.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$284.50M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$398.10M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$267.50M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$359.10M	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Accounts receivable, less reserve for doubtful accounts of $2.0 and $1.5 as of November 30, 2013 and August 31, 2013, respectively	`AccountsReceivableNetCurrent`	$332.60M	USD	Point-in-time
Accounts receivable, less reserve for doubtful accounts of $2.0 and $1.5 as of November 30, 2013 and August 31, 2013, respectively	`AccountsReceivableNetCurrent`	$318.30M	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Inventories	`InventoryNet`	$203.00M	USD	Point-in-time
Inventories	`InventoryNet`	$208.30M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	50.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	50.00M	shares	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$13.60M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$14.70M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	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
Prepayments and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$25.60M	USD	Point-in-time
Prepayments and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$19.50M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$979.30M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$913.50M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	52.39M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	52.21M	shares	Point-in-time
Land	`Land`	$6.60M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	42.49M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	42.67M	shares	Point-in-time
Land	`Land`	$7.20M	USD	Point-in-time
Buildings and leasehold improvements	`BuildingsAndImprovementsGross`	$108.40M	USD	Point-in-time
Treasury Stock, shares	`TreasuryStockShares`	9.72M	shares	Point-in-time
Treasury Stock, shares	`TreasuryStockShares`	9.72M	shares	Point-in-time
Buildings and leasehold improvements	`BuildingsAndImprovementsGross`	$109.60M	USD	Point-in-time
Machinery and equipment	`MachineryAndEquipmentGross`	$354.50M	USD	Point-in-time
Machinery and equipment	`MachineryAndEquipmentGross`	$361.30M	USD	Point-in-time
Total Property, Plant, and Equipment	`PropertyPlantAndEquipmentGross`	$471.30M	USD	Point-in-time
Total Property, Plant, and Equipment	`PropertyPlantAndEquipmentGross`	$476.30M	USD	Point-in-time
Less Accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$329.20M	USD	Point-in-time
Less Accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$323.40M	USD	Point-in-time
Property, Plant, and Equipment, net	`PropertyPlantAndEquipmentNet`	$147.90M	USD	Point-in-time
Property, Plant, and Equipment, net	`PropertyPlantAndEquipmentNet`	$147.10M	USD	Point-in-time
Goodwill	`Goodwill`	$570.40M	USD	Point-in-time
Goodwill	`Goodwill`	$568.20M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$241.10M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$245.10M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetNoncurrent`	$1.70M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetNoncurrent`	$1.60M	USD	Point-in-time
Other long-term assets	`OtherLongTermAssets`	$26.70M	USD	Point-in-time
Other long-term assets	`OtherLongTermAssets`	$27.40M	USD	Point-in-time
Total Other Assets	`AssetsNoncurrent`	$839.80M	USD	Point-in-time
Total Other Assets	`AssetsNoncurrent`	$842.40M	USD	Point-in-time
Total Assets	`Assets`	$1.90B	USD	Point-in-time
Total Assets	`Assets`	$1.97B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$249.50M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$244.30M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$28.00M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$27.20M	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`	$123.20M	USD	Point-in-time
Other accrued liabilities	`OtherAccruedLiabilitiesCurrent`	$107.50M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$386.20M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$395.90M	USD	Point-in-time
Long-Term Debt	`LongTermDebtNoncurrent`	$353.60M	USD	Point-in-time
Long-Term Debt	`LongTermDebtNoncurrent`	$353.60M	USD	Point-in-time
Accrued Pension Liabilities, less current portion	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$52.20M	USD	Point-in-time
Accrued Pension Liabilities, less current portion	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$54.70M	USD	Point-in-time
Deferred Income Taxes	`DeferredTaxLiabilitiesNoncurrent`	$55.90M	USD	Point-in-time
Deferred Income Taxes	`DeferredTaxLiabilitiesNoncurrent`	$53.90M	USD	Point-in-time
Self-Insurance Reserves, less current portion	`SelfInsuranceReserveNoncurrent`	$7.20M	USD	Point-in-time
Self-Insurance Reserves, less current portion	`SelfInsuranceReserveNoncurrent`	$7.00M	USD	Point-in-time
Other Long-Term Liabilities	`OtherLiabilitiesNoncurrent`	$61.80M	USD	Point-in-time
Other Long-Term Liabilities	`OtherLiabilitiesNoncurrent`	$54.90M	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; 52,394,129 issued and 42,674,874 outstanding at November 30, 2013; 52,205,933 issued and 42,486,678 outstanding at August 31, 2013	`CommonStockValue`	$500.00K	USD	Point-in-time
Common stock, $0.01 par value; 500,000,000 shares authorized; 52,394,129 issued and 42,674,874 outstanding at November 30, 2013; 52,205,933 issued and 42,486,678 outstanding at August 31, 2013	`CommonStockValue`	$500.00K	USD	Point-in-time
Paid-in capital	`AdditionalPaidInCapitalCommonStock`	$739.80M	USD	Point-in-time
Paid-in capital	`AdditionalPaidInCapitalCommonStock`	$735.50M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$740.30M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$779.20M	USD	Point-in-time
Accumulated other comprehensive loss items	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-62.60M	USD	Point-in-time
Accumulated other comprehensive loss items	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-59.70M	USD	Point-in-time
Treasury stock, at cost, 9,719,255 shares at November 30, 2013 and August 31, 2013	`TreasuryStockValue`	$420.20M	USD	Point-in-time
Treasury stock, at cost, 9,719,255 shares at November 30, 2013 and August 31, 2013	`TreasuryStockValue`	$420.20M	USD	Point-in-time
Total Stockholders Equity	`StockholdersEquity`	$1.04B	USD	Point-in-time
Total Stockholders Equity	`StockholdersEquity`	$993.50M	USD	Point-in-time
Total Liabilities and Stockholders Equity	`LiabilitiesAndStockholdersEquity`	$1.97B	USD	Point-in-time
Total Liabilities and Stockholders Equity	`LiabilitiesAndStockholdersEquity`	$1.90B	USD	Point-in-time

Income Statement 42 line items

Line Item	Tag	Value	Unit	Period
Net Sales	`SalesRevenueGoodsNet`	$574.70M	USD	1 Quarter
Net Sales	`SalesRevenueGoodsNet`	$481.10M	USD	1 Quarter
Cost of Products Sold	`CostOfGoodsSold`	$337.60M	USD	1 Quarter
Cost of Products Sold	`CostOfGoodsSold`	$291.60M	USD	1 Quarter
Gross Profit	`GrossProfit`	$189.50M	USD	1 Quarter
Gross Profit	`GrossProfit`	$237.10M	USD	1 Quarter
Selling, Distribution, and Administrative Expenses	`SellingGeneralAndAdministrativeExpense`	$140.60M	USD	1 Quarter
Selling, Distribution, and Administrative Expenses	`SellingGeneralAndAdministrativeExpense`	$159.70M	USD	1 Quarter
Special Charge	`RestructuringCharges`	-	USD	1 Quarter
Special Charge	`RestructuringCharges`	$700.00K	USD	1 Quarter
Operating Profit	`OperatingIncomeLoss`	$77.40M	USD	1 Quarter
Operating Profit	`OperatingIncomeLoss`	$48.20M	USD	1 Quarter
Interest Expense, net	`InterestRevenueExpenseNet`	$-7.70M	USD	1 Quarter
Interest Expense, net	`InterestRevenueExpenseNet`	$-8.00M	USD	1 Quarter
Miscellaneous Expense, net	`OtherNonoperatingIncomeExpense`	$-100.00K	USD	1 Quarter
Miscellaneous Expense, net	`OtherNonoperatingIncomeExpense`	$-600.00K	USD	1 Quarter
Total Other Expense	`OtherNonoperatingExpenses`	$-8.60M	USD	1 Quarter
Total Other Expense	`OtherNonoperatingExpenses`	$-7.80M	USD	1 Quarter
Income before Provision for Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$40.40M	USD	1 Quarter
Income before Provision for Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$68.80M	USD	1 Quarter
Provision for Income Taxes	`IncomeTaxExpenseBenefit`	$24.30M	USD	1 Quarter
Provision for Income Taxes	`IncomeTaxExpenseBenefit`	$14.30M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$44.50M	USD	1 Quarter
Net Income	`NetIncomeLoss`	$26.10M	USD	1 Quarter
Basic Earnings per Share (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$1.03	USD	1 Quarter
Basic Earnings per Share (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.61	USD	1 Quarter
Basic Weighted Average Number of Shares Outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	41.80M	shares	1 Quarter
Basic Weighted Average Number of Shares Outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	42.60M	shares	1 Quarter
Diluted Earnings per Share (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.61	USD	1 Quarter
Diluted Earnings per Share (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$1.03	USD	1 Quarter
Diluted Weighted Average Number of Shares Outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	42.90M	shares	1 Quarter
Diluted Weighted Average Number of Shares Outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	42.30M	shares	1 Quarter
Dividends Declared per Share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.13	USD	1 Quarter
Dividends Declared per Share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.13	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$2.30M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$1.30M	USD	1 Quarter
Defined benefit pension plans, net	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$-600.00K	USD	1 Quarter
Defined benefit pension plans, net	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$2.10M	USD	1 Quarter
Other Comprehensive Income/(Expense) Items, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$2.90M	USD	1 Quarter
Other Comprehensive Income/(Expense) Items, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-800.00K	USD	1 Quarter
Comprehensive Income	`ComprehensiveIncomeNetOfTax`	$47.40M	USD	1 Quarter
Comprehensive Income	`ComprehensiveIncomeNetOfTax`	$25.30M	USD	1 Quarter

Cash Flow Statement 54 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$44.50M	USD	1 Quarter
Net income	`NetIncomeLoss`	$26.10M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$10.60M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$10.00M	USD	1 Quarter
Share-based compensation expense	`ShareBasedCompensation`	$4.50M	USD	1 Quarter
Share-based compensation expense	`ShareBasedCompensation`	$4.30M	USD	1 Quarter
Excess tax benefits from share-based payments	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$5.20M	USD	1 Quarter
Excess tax benefits from share-based payments	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$5.40M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$1.10M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$800.00K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$14.00M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$6.60M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$5.00M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$-500.00K	USD	1 Quarter
Prepayments and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$5.30M	USD	1 Quarter
Prepayments and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$4.70M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-5.40M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-28.40M	USD	1 Quarter
Other current liabilities	`IncreaseDecreaseInOtherAccruedLiabilities`	$19.80M	USD	1 Quarter
Other current liabilities	`IncreaseDecreaseInOtherAccruedLiabilities`	$-9.90M	USD	1 Quarter
Other	`IncreaseDecreaseInOtherOperatingCapitalNet`	$2.50M	USD	1 Quarter
Other	`IncreaseDecreaseInOtherOperatingCapitalNet`	$900.00K	USD	1 Quarter
Net Cash Provided by/(Used for) Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-14.50M	USD	1 Quarter
Net Cash Provided by/(Used for) Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$43.40M	USD	1 Quarter
Purchases of property, plant, and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$11.20M	USD	1 Quarter
Purchases of property, plant, and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$8.50M	USD	1 Quarter
Proceeds from sale of property, plant, and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$900.00K	USD	1 Quarter
Proceeds from sale of property, plant, and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	-	USD	1 Quarter
Net Cash Used for Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-7.60M	USD	1 Quarter
Net Cash Used for Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-11.20M	USD	1 Quarter
Proceeds from stock option exercises and other	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$2.60M	USD	1 Quarter
Proceeds from stock option exercises and other	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$8.20M	USD	1 Quarter
Excess tax benefits from share-based payments	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$5.20M	USD	1 Quarter
Excess tax benefits from share-based payments	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$5.40M	USD	1 Quarter
Dividends paid	`PaymentsOfDividendsCommonStock`	$5.60M	USD	1 Quarter
Dividends paid	`PaymentsOfDividendsCommonStock`	$5.50M	USD	1 Quarter
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$8.10M	USD	1 Quarter
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$2.20M	USD	1 Quarter
Effect of Exchange Rate Changes on Cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$600.00K	USD	1 Quarter
Effect of Exchange Rate Changes on Cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$1.00M	USD	1 Quarter
Net Change in Cash and Cash Equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$39.00M	USD	1 Quarter
Net Change in Cash and Cash Equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-17.00M	USD	1 Quarter
Cash and Cash Equivalents at Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$284.50M	USD	Point-in-time
Cash and Cash Equivalents at Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$398.10M	USD	Point-in-time
Cash and Cash Equivalents at Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$267.50M	USD	Point-in-time
Cash and Cash Equivalents at Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$359.10M	USD	Point-in-time
Cash and Cash Equivalents at End of Period	`CashAndCashEquivalentsAtCarryingValue`	$284.50M	USD	Point-in-time
Cash and Cash Equivalents at End of Period	`CashAndCashEquivalentsAtCarryingValue`	$398.10M	USD	Point-in-time
Cash and Cash Equivalents at End of Period	`CashAndCashEquivalentsAtCarryingValue`	$267.50M	USD	Point-in-time
Cash and Cash Equivalents at End of Period	`CashAndCashEquivalentsAtCarryingValue`	$359.10M	USD	Point-in-time
Income taxes paid during the period	`IncomeTaxesPaid`	$13.40M	USD	1 Quarter
Income taxes paid during the period	`IncomeTaxesPaid`	$7.60M	USD	1 Quarter
Interest paid during the period	`InterestPaid`	$10.50M	USD	1 Quarter
Interest paid during the period	`InterestPaid`	$9.70M	USD	1 Quarter

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