10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001193125-10-245589 |
| Period End Date | 20100930 |
| Filing Date | 20101103 |
| Fiscal Year | 2011 |
| Fiscal Period | Q1 |
| XBRL Instance | har-20100930.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
61 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$586.36M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$567.68M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$540.16M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$645.57M | USD | Point-in-time |
| Short-term investments |
ShortTermInvestments
|
$81.80M | USD | Point-in-time |
| Receivables, net |
ReceivablesNetCurrent
|
$551.40M | USD | Point-in-time |
| Receivables, net |
ReceivablesNetCurrent
|
$517.09M | USD | Point-in-time |
| Inventories, net |
InventoryNet
|
$353.12M | USD | Point-in-time |
| Inventories, net |
InventoryNet
|
$439.21M | USD | Point-in-time |
| Other current assets |
OtherAssetsCurrent
|
$158.19M | USD | Point-in-time |
| Other current assets |
OtherAssetsCurrent
|
$155.47M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$1.67B | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$1.80B | USD | Point-in-time |
| Property, plant and equipment, net |
PropertyPlantAndEquipmentNet
|
$436.82M | USD | Point-in-time |
| Property, plant and equipment, net |
PropertyPlantAndEquipmentNet
|
$421.95M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$114.65M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$105.92M | USD | Point-in-time |
| Deferred tax assets, long-term |
DeferredTaxAssetsNetNoncurrent
|
$229.98M | USD | Point-in-time |
| Deferred tax assets, long-term |
DeferredTaxAssetsNetNoncurrent
|
$247.60M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$116.51M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$106.76M | USD | Point-in-time |
| Total assets |
Assets
|
$2.56B | USD | Point-in-time |
| Total assets |
Assets
|
$2.69B | USD | Point-in-time |
| Current portion of long-term debt |
LongTermDebtCurrent
|
$463.00K | USD | Point-in-time |
| Current portion of long-term debt |
LongTermDebtCurrent
|
$376.00K | USD | Point-in-time |
| Short-term debt |
ShortTermBorrowings
|
$4.47M | USD | Point-in-time |
| Short-term debt |
ShortTermBorrowings
|
$13.47M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$391.94M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$382.99M | USD | Point-in-time |
| Accrued liabilities |
AccruedLiabilitiesCurrent
|
$387.87M | USD | Point-in-time |
| Accrued liabilities |
AccruedLiabilitiesCurrent
|
$363.26M | USD | Point-in-time |
| Accrued warranties |
ProductWarrantyAccrualClassifiedCurrent
|
$99.33M | USD | Point-in-time |
| Accrued warranties |
ProductWarrantyAccrualClassifiedCurrent
|
$119.13M | USD | Point-in-time |
| Income taxes payable |
AccruedIncomeTaxesCurrent
|
$3.94M | USD | Point-in-time |
| Income taxes payable |
AccruedIncomeTaxesCurrent
|
$7.06M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$910.85M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$863.45M | USD | Point-in-time |
| Convertible senior notes |
ConvertibleDebtNoncurrent
|
$366.65M | USD | Point-in-time |
| Convertible senior notes |
ConvertibleDebtNoncurrent
|
$362.69M | USD | Point-in-time |
| Other senior debt |
OtherLongTermDebtNoncurrent
|
$1.21M | USD | Point-in-time |
| Other senior debt |
OtherLongTermDebtNoncurrent
|
$953.00K | USD | Point-in-time |
| Other non-current liabilities |
OtherLiabilitiesNoncurrent
|
$194.80M | USD | Point-in-time |
| Other non-current liabilities |
OtherLiabilitiesNoncurrent
|
$193.97M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$1.42B | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$1.47B | USD | Point-in-time |
| Preferred stock |
PreferredStockValue
|
- | USD | Point-in-time |
| Preferred stock |
PreferredStockValue
|
- | USD | Point-in-time |
| Common stock |
CommonStockValue
|
$952.00K | USD | Point-in-time |
| Common stock |
CommonStockValue
|
$952.00K | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$892.13M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$896.77M | USD | Point-in-time |
| Accumulated other comprehensive income |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$57.01M | USD | Point-in-time |
| Accumulated other comprehensive income |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$3.67M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$1.29B | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$1.31B | USD | Point-in-time |
| Less: Common stock held in treasury |
TreasuryStockValue
|
$1.05B | USD | Point-in-time |
| Less: Common stock held in treasury |
TreasuryStockValue
|
$1.05B | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.13B | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.22B | USD | Point-in-time |
| Total liabilities and equity |
LiabilitiesAndStockholdersEquity
|
$2.56B | USD | Point-in-time |
| Total liabilities and equity |
LiabilitiesAndStockholdersEquity
|
$2.69B | USD | Point-in-time |
Income Statement
45 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net sales |
SalesRevenueNet
|
$748.43M | USD | 1 Quarter |
| Net sales |
SalesRevenueNet
|
$836.95M | USD | 1 Quarter |
| Cost of sales |
CostOfGoodsAndServicesSold
|
$612.38M | USD | 1 Quarter |
| Cost of sales |
CostOfGoodsAndServicesSold
|
$556.20M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$224.57M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$192.23M | USD | 1 Quarter |
| Selling, general and administrative expenses |
SellingGeneralAndAdministrativeExpense
|
$196.32M | USD | 1 Quarter |
| Selling, general and administrative expenses |
SellingGeneralAndAdministrativeExpense
|
$181.82M | USD | 1 Quarter |
| Operating income (loss) |
OperatingIncomeLoss
|
$42.75M | USD | 1 Quarter |
| Operating income (loss) |
OperatingIncomeLoss
|
$-4.10M | USD | 1 Quarter |
| Interest expense, net |
InterestExpense
|
$6.15M | USD | 1 Quarter |
| Interest expense, net |
InterestExpense
|
$9.56M | USD | 1 Quarter |
| Miscellaneous, net |
OtherNonoperatingIncomeExpense
|
$-1.53M | USD | 1 Quarter |
| Miscellaneous, net |
OtherNonoperatingIncomeExpense
|
$-1.24M | USD | 1 Quarter |
| Income (loss) from continuing operations before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$35.07M | USD | 1 Quarter |
| Income (loss) from continuing operations before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$-14.90M | USD | 1 Quarter |
| Income tax expense (benefit), net |
IncomeTaxExpenseBenefit
|
$7.68M | USD | 1 Quarter |
| Income tax expense (benefit), net |
IncomeTaxExpenseBenefit
|
$-5.00M | USD | 1 Quarter |
| Income (loss) from continuing operations, net of income taxes |
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
$-9.90M | USD | 1 Quarter |
| Income (loss) from continuing operations, net of income taxes |
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
$27.39M | USD | 1 Quarter |
| Income from discontinued operations, net of income taxes |
DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax
|
$2.10M | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$-7.80M | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$27.39M | USD | 1 Quarter |
| Less: Net income attributable to noncontrolling interest |
NetIncomeLossAttributableToNoncontrollingInterest
|
$1.68M | USD | 1 Quarter |
| Net income (loss) attributable to Harman International Industries, Incorporated |
NetIncomeLoss
|
$-9.47M | USD | 1 Quarter |
| Net income (loss) attributable to Harman International Industries, Incorporated |
NetIncomeLoss
|
$27.39M | USD | 1 Quarter |
| Income (loss) from continuing operations, net of income taxes |
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
$-9.90M | USD | 1 Quarter |
| Income (loss) from continuing operations, net of income taxes |
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
$27.39M | USD | 1 Quarter |
| Less: Net income attributable to noncontrolling interest |
NetIncomeLossAttributableToNoncontrollingInterest
|
$1.68M | USD | 1 Quarter |
| Net income (loss) from continuing operations attributable to Harman International Industries, Incorporated |
IncomeLossFromContinuingOperations
|
$-11.58M | USD | 1 Quarter |
| Net income (loss) from continuing operations attributable to Harman International Industries, Incorporated |
IncomeLossFromContinuingOperations
|
$27.39M | USD | 1 Quarter |
| Basic |
IncomeLossFromContinuingOperationsPerBasicShare
|
$-0.17 | USD | 1 Quarter |
| Basic |
IncomeLossFromContinuingOperationsPerBasicShare
|
$0.39 | USD | 1 Quarter |
| Diluted |
IncomeLossFromContinuingOperationsPerDilutedShare
|
$-0.17 | USD | 1 Quarter |
| Diluted |
IncomeLossFromContinuingOperationsPerDilutedShare
|
$0.39 | USD | 1 Quarter |
| Basic |
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
|
$0.03 | USD | 1 Quarter |
| Diluted |
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
|
$0.03 | USD | 1 Quarter |
| Basic |
EarningsPerShareBasic
|
$0.39 | USD | 1 Quarter |
| Basic |
EarningsPerShareBasic
|
$-0.14 | USD | 1 Quarter |
| Diluted |
EarningsPerShareDiluted
|
$-0.14 | USD | 1 Quarter |
| Diluted |
EarningsPerShareDiluted
|
$0.39 | USD | 1 Quarter |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
69.25M | shares | 1 Quarter |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
70.66M | shares | 1 Quarter |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
69.25M | shares | 1 Quarter |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
71.09M | shares | 1 Quarter |
Cash Flow Statement
72 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income (loss) attributable to Harman International Industries, Incorporated |
NetIncomeLoss
|
$-9.47M | USD | 1 Quarter |
| Net income (loss) attributable to Harman International Industries, Incorporated |
NetIncomeLoss
|
$27.39M | USD | 1 Quarter |
| Income from discontinued operations, net of income taxes |
DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax
|
$2.10M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$28.16M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$36.58M | USD | 1 Quarter |
| Deferred income tax benefit |
DeferredIncomeTaxExpenseBenefit
|
$-8.28M | USD | 1 Quarter |
| Deferred income tax benefit |
DeferredIncomeTaxExpenseBenefit
|
$-290.00K | USD | 1 Quarter |
| Noncontrolling interest |
NetIncomeLossAttributableToNoncontrollingInterest
|
$1.68M | USD | 1 Quarter |
| Loss (gain) on disposition of assets |
GainLossOnDispositionOfAssets
|
$20.00K | USD | 1 Quarter |
| Loss (gain) on disposition of assets |
GainLossOnDispositionOfAssets
|
$-252.00K | USD | 1 Quarter |
| Share-based compensation |
ShareBasedCompensation
|
$5.16M | USD | 1 Quarter |
| Share-based compensation |
ShareBasedCompensation
|
$4.35M | USD | 1 Quarter |
| Non-cash interest expense |
OtherNoncashIncomeTaxExpense
|
$4.39M | USD | 1 Quarter |
| Non-cash interest expense |
OtherNoncashIncomeTaxExpense
|
$4.87M | USD | 1 Quarter |
| Receivables |
IncreaseDecreaseInReceivables
|
$81.32M | USD | 1 Quarter |
| Receivables |
IncreaseDecreaseInReceivables
|
$-1.69M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$58.88M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$22.45M | USD | 1 Quarter |
| Other current assets |
IncreaseDecreaseInOtherOperatingAssets
|
$-6.93M | USD | 1 Quarter |
| Other current assets |
IncreaseDecreaseInOtherOperatingAssets
|
$511.00K | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$-16.78M | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$36.20M | USD | 1 Quarter |
| Accrued warranties |
IncreaseDecreaseInAccruedLiabilities
|
$19.80M | USD | 1 Quarter |
| Accrued warranties |
IncreaseDecreaseInAccruedLiabilities
|
$-17.17M | USD | 1 Quarter |
| Accrued other liabilities |
IncreaseDecreaseInOtherAccruedLiabilities
|
$-37.12M | USD | 1 Quarter |
| Accrued other liabilities |
IncreaseDecreaseInOtherAccruedLiabilities
|
$15.04M | USD | 1 Quarter |
| Income taxes payable |
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
$-10.91M | USD | 1 Quarter |
| Income taxes payable |
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
$2.35M | USD | 1 Quarter |
| Other operating activities |
IncreaseDecreaseInOtherOperatingCapitalNet
|
$4.72M | USD | 1 Quarter |
| Other operating activities |
IncreaseDecreaseInOtherOperatingCapitalNet
|
$-4.22M | USD | 1 Quarter |
| Net cash from continuing operations used in operating activities |
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
$-21.99M | USD | 1 Quarter |
| Net cash from continuing operations used in operating activities |
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
$-48.97M | USD | 1 Quarter |
| Net cash from discontinued operations used in operating activities |
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
|
$-2.64M | USD | 1 Quarter |
| Net cash used in operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-21.99M | USD | 1 Quarter |
| Net cash used in operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-51.62M | USD | 1 Quarter |
| Purchases of short-term investments |
PaymentsToAcquireShortTermInvestments
|
$81.80M | USD | 1 Quarter |
| Acquisitions, net of cash received |
PaymentsToAcquireBusinessesNetOfCashAcquired
|
$1.77M | USD | 1 Quarter |
| Proceeds from asset dispositions |
ProceedsFromSaleOfProductiveAssets
|
$242.00K | USD | 1 Quarter |
| Proceeds from asset dispositions |
ProceedsFromSaleOfProductiveAssets
|
$31.00K | USD | 1 Quarter |
| Capital expenditures |
PaymentsToAcquirePropertyPlantAndEquipment
|
$3.75M | USD | 1 Quarter |
| Capital expenditures |
PaymentsToAcquirePropertyPlantAndEquipment
|
$11.55M | USD | 1 Quarter |
| Other items, net |
PaymentsForProceedsFromOtherInvestingActivities
|
$-2.23M | USD | 1 Quarter |
| Other items, net |
PaymentsForProceedsFromOtherInvestingActivities
|
$-404.00K | USD | 1 Quarter |
| Net cash from continuing operations used in investing activities |
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
$-1.28M | USD | 1 Quarter |
| Net cash from continuing operations used in investing activities |
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
$-94.69M | USD | 1 Quarter |
| Net cash from discontinued operations used in investing activities |
CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations
|
$-28.00K | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-1.30M | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-94.69M | USD | 1 Quarter |
| Net decrease in short-term borrowings |
RepaymentsOfShortTermDebt
|
$9.57M | USD | 1 Quarter |
| Net borrowings under revolving credit facility |
ProceedsFromRepaymentsOfOtherLongTermDebt
|
$-6.70M | USD | 1 Quarter |
| Other increase in long-term debt |
RepaymentsOfLongTermDebt
|
$-1.78M | USD | 1 Quarter |
| Other increase in long-term debt |
RepaymentsOfLongTermDebt
|
$-2.08M | USD | 1 Quarter |
| Share-based payment arrangements |
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
|
$407.00K | USD | 1 Quarter |
| Share-based payment arrangements |
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
|
$306.00K | USD | 1 Quarter |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-4.51M | USD | 1 Quarter |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-7.18M | USD | 1 Quarter |
| Effect of exchange rate changes on cash |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$45.97M | USD | 1 Quarter |
| Effect of exchange rate changes on cash |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$11.24M | USD | 1 Quarter |
| Net decrease in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-77.89M | USD | 1 Quarter |
| Net decrease in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-46.20M | USD | 1 Quarter |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$586.36M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$567.68M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$540.16M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$645.57M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$586.36M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$567.68M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$540.16M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$645.57M | USD | Point-in-time |
| Interest paid |
InterestPaid
|
$354.00K | USD | 1 Quarter |
| Interest paid |
InterestPaid
|
$5.13M | USD | 1 Quarter |
| Income taxes paid |
IncomeTaxesPaid
|
$367.00K | USD | 1 Quarter |
| Income taxes paid |
IncomeTaxesPaid
|
$1.64M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.