10-Q Filing

DUCOMMUN INC /DE/ CIK: 30305 Q3 2012

Filing Information

Form Type	10-Q
Accession Number	`0001193125-12-457438`
Period End Date	20120930
Filing Date	20121107
Fiscal Year	2012
Fiscal Period	Q3
XBRL Instance	dco-20120929.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 60 Income Statement 64 Cash Flow Statement 60

Balance Sheet 60 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$19.38M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$28.87M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$10.27M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$41.45M	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$103.05M	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$96.17M	USD	Point-in-time
Unbilled receivables	`UnbilledContractsReceivable`	$3.29M	USD	Point-in-time
Unbilled receivables	`UnbilledContractsReceivable`	$3.53M	USD	Point-in-time
Inventories	`InventoryNet`	$162.47M	USD	Point-in-time
Inventories	`InventoryNet`	$154.50M	USD	Point-in-time
Production cost of contracts	`ProductionCostOfContractsCurrent`	$18.71M	USD	Point-in-time
Production cost of contracts	`ProductionCostOfContractsCurrent`	$19.06M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsDeferredIncome`	$12.49M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsDeferredIncome`	$12.02M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$11.19M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$14.65M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$340.66M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$340.79M	USD	Point-in-time
Property and Equipment, Net	`PropertyPlantAndEquipmentNet`	$99.06M	USD	Point-in-time
Property and Equipment, Net	`PropertyPlantAndEquipmentNet`	$98.48M	USD	Point-in-time
Goodwill	`Goodwill`	$163.84M	USD	Point-in-time
Goodwill	`Goodwill`	$161.94M	USD	Point-in-time
Intangibles, Net	`IntangibleAssetsNetExcludingGoodwill`	$179.23M	USD	Point-in-time
Intangibles, Net	`IntangibleAssetsNetExcludingGoodwill`	$187.85M	USD	Point-in-time
Other Assets	`OtherAssetsNoncurrent`	$17.12M	USD	Point-in-time
Other Assets	`OtherAssetsNoncurrent`	$14.37M	USD	Point-in-time
Total Assets	`Assets`	$795.25M	USD	Point-in-time
Total Assets	`Assets`	$808.09M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$1.96M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$33.00K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$60.67M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$57.60M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$45.21M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$53.82M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$102.84M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$116.46M	USD	Point-in-time
Long-Term Debt, Less Current Portion	`LongTermDebtAndCapitalLeaseObligations`	$390.28M	USD	Point-in-time
Long-Term Debt, Less Current Portion	`LongTermDebtAndCapitalLeaseObligations`	$380.73M	USD	Point-in-time
Deferred Income Taxes	`DeferredTaxLiabilitiesNoncurrent`	$72.04M	USD	Point-in-time
Deferred Income Taxes	`DeferredTaxLiabilitiesNoncurrent`	$68.92M	USD	Point-in-time
Other Long-Term Liabilities	`OtherLiabilitiesNoncurrent`	$23.82M	USD	Point-in-time
Other Long-Term Liabilities	`OtherLiabilitiesNoncurrent`	$25.02M	USD	Point-in-time
Total Liabilities	`Liabilities`	$603.80M	USD	Point-in-time
Total Liabilities	`Liabilities`	$576.30M	USD	Point-in-time
Commitments and Contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock	`CommonStockValue`	$107.00K	USD	Point-in-time
Common stock	`CommonStockValue`	$107.00K	USD	Point-in-time
Treasury stock	`TreasuryStockValue`	$1.92M	USD	Point-in-time
Treasury stock	`TreasuryStockValue`	$1.92M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$66.04M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$64.38M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$149.05M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$162.05M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-7.33M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-7.33M	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquity`	$218.95M	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquity`	$204.28M	USD	Point-in-time
Liabilities and Equity, Total	`LiabilitiesAndStockholdersEquity`	$795.25M	USD	Point-in-time
Liabilities and Equity, Total	`LiabilitiesAndStockholdersEquity`	$808.09M	USD	Point-in-time

Income Statement 64 line items

Line Item	Tag	Value	Unit	Period
Product sales	`SalesRevenueGoodsNet`	$176.05M	USD	1 Quarter
Product sales	`SalesRevenueGoodsNet`	$178.49M	USD	1 Quarter
Product sales	`SalesRevenueGoodsNet`	$370.76M	USD	3 Qtrs
Product sales	`SalesRevenueGoodsNet`	$530.70M	USD	3 Qtrs
Service revenues	`SalesRevenueServicesNet`	$22.45M	USD	3 Qtrs
Service revenues	`SalesRevenueServicesNet`	$21.91M	USD	3 Qtrs
Service revenues	`SalesRevenueServicesNet`	$8.04M	USD	1 Quarter
Service revenues	`SalesRevenueServicesNet`	$6.59M	USD	1 Quarter
Net Sales	`SalesRevenueNet`	$185.08M	USD	1 Quarter
Net Sales	`SalesRevenueNet`	$553.14M	USD	3 Qtrs
Net Sales	`SalesRevenueNet`	$392.68M	USD	3 Qtrs
Net Sales	`SalesRevenueNet`	$184.10M	USD	1 Quarter
Cost of product sales	`CostOfGoodsSold`	$142.03M	USD	1 Quarter
Cost of product sales	`CostOfGoodsSold`	$301.94M	USD	3 Qtrs
Cost of product sales	`CostOfGoodsSold`	$145.56M	USD	1 Quarter
Cost of product sales	`CostOfGoodsSold`	$428.98M	USD	3 Qtrs
Cost of service revenues	`CostOfServices`	$6.49M	USD	1 Quarter
Cost of service revenues	`CostOfServices`	$18.17M	USD	3 Qtrs
Cost of service revenues	`CostOfServices`	$17.13M	USD	3 Qtrs
Cost of service revenues	`CostOfServices`	$5.33M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$24.56M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$65.89M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$62.30M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$21.34M	USD	1 Quarter
Total Operating Costs and Expenses	`CostsAndExpenses`	$513.03M	USD	3 Qtrs
Total Operating Costs and Expenses	`CostsAndExpenses`	$169.86M	USD	1 Quarter
Total Operating Costs and Expenses	`CostsAndExpenses`	$381.38M	USD	3 Qtrs
Total Operating Costs and Expenses	`CostsAndExpenses`	$175.45M	USD	1 Quarter
Operating Income	`OperatingIncomeLoss`	$9.63M	USD	1 Quarter
Operating Income	`OperatingIncomeLoss`	$11.30M	USD	3 Qtrs
Operating Income	`OperatingIncomeLoss`	$40.11M	USD	3 Qtrs
Operating Income	`OperatingIncomeLoss`	$14.24M	USD	1 Quarter
Interest Expense	`InterestIncomeExpenseNet`	$-10.05M	USD	3 Qtrs
Interest Expense	`InterestIncomeExpenseNet`	$-8.26M	USD	1 Quarter
Interest Expense	`InterestIncomeExpenseNet`	$-24.71M	USD	3 Qtrs
Interest Expense	`InterestIncomeExpenseNet`	$-8.24M	USD	1 Quarter
Income Before Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$1.25M	USD	3 Qtrs
Income Before Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$15.40M	USD	3 Qtrs
Income Before Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$1.38M	USD	1 Quarter
Income Before Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$6.00M	USD	1 Quarter
Income Tax Expense	`IncomeTaxExpenseBenefit`	$415.00K	USD	1 Quarter
Income Tax Expense	`IncomeTaxExpenseBenefit`	$894.00K	USD	1 Quarter
Income Tax Expense	`IncomeTaxExpenseBenefit`	$2.40M	USD	3 Qtrs
Income Tax Expense	`IncomeTaxExpenseBenefit`	$340.00K	USD	3 Qtrs
Net Income	`NetIncomeLoss`	$961.00K	USD	1 Quarter
Net Income	`NetIncomeLoss`	$911.00K	USD	3 Qtrs
Net Income	`NetIncomeLoss`	$13.00M	USD	3 Qtrs
Net Income	`NetIncomeLoss`	$5.11M	USD	1 Quarter
Basic earnings per share	`EarningsPerShareBasic`	$0.48	USD	1 Quarter
Basic earnings per share	`EarningsPerShareBasic`	$0.09	USD	1 Quarter
Basic earnings per share	`EarningsPerShareBasic`	$0.09	USD	3 Qtrs
Basic earnings per share	`EarningsPerShareBasic`	$1.23	USD	3 Qtrs
Diluted earnings per share	`EarningsPerShareDiluted`	$0.09	USD	1 Quarter
Diluted earnings per share	`EarningsPerShareDiluted`	$0.09	USD	3 Qtrs
Diluted earnings per share	`EarningsPerShareDiluted`	$0.48	USD	1 Quarter
Diluted earnings per share	`EarningsPerShareDiluted`	$1.23	USD	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	10.54M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	10.57M	shares	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	10.53M	shares	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	10.60M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	10.63M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	10.59M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	10.63M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	10.66M	shares	3 Qtrs

Cash Flow Statement 60 line items

Line Item	Tag	Value	Unit	Period
Net Income	`NetIncomeLoss`	$961.00K	USD	1 Quarter
Net Income	`NetIncomeLoss`	$911.00K	USD	3 Qtrs
Net Income	`NetIncomeLoss`	$13.00M	USD	3 Qtrs
Net Income	`NetIncomeLoss`	$5.11M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$7.66M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$14.47M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$7.46M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$21.46M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$2.35M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$1.53M	USD	3 Qtrs
Deferred income tax (benefit) expense	`DeferredIncomeTaxExpenseBenefit`	$-3.60M	USD	3 Qtrs
Deferred income tax (benefit) expense	`DeferredIncomeTaxExpenseBenefit`	$489.00K	USD	3 Qtrs
Income tax benefit from stock-based compensation	`TaxBenefitFromStockOptionsExercised1`	$324.00K	USD	3 Qtrs
Income tax benefit from stock-based compensation	`TaxBenefitFromStockOptionsExercised1`	$277.00K	USD	3 Qtrs
Provision for/(recovery of) doubtful accounts	`ProvisionForDoubtfulAccounts`	$59.00K	USD	3 Qtrs
Provision for/(recovery of) doubtful accounts	`ProvisionForDoubtfulAccounts`	$-37.00K	USD	3 Qtrs
Other - net	`OtherNoncashIncomeExpense`	$-2.08M	USD	3 Qtrs
Other - net	`OtherNoncashIncomeExpense`	$-948.00K	USD	3 Qtrs
Accounts receivable - (increase)	`IncreaseDecreaseInAccountsReceivable`	$5.21M	USD	3 Qtrs
Accounts receivable - (increase)	`IncreaseDecreaseInAccountsReceivable`	$6.93M	USD	3 Qtrs
Unbilled receivables - (increase)	`IncreaseDecreaseInUnbilledReceivables`	$1.81M	USD	3 Qtrs
Unbilled receivables - (increase)	`IncreaseDecreaseInUnbilledReceivables`	$241.00K	USD	3 Qtrs
Inventories - (increase)	`IncreaseDecreaseInInventories`	$18.49M	USD	3 Qtrs
Inventories - (increase)	`IncreaseDecreaseInInventories`	$7.96M	USD	3 Qtrs
Production cost of contracts - (increase)	`IncreaseDecreaseInContractReceivablesNet`	$1.47M	USD	3 Qtrs
Production cost of contracts - (increase)	`IncreaseDecreaseInContractReceivablesNet`	$1.19M	USD	3 Qtrs
Other - decrease/(increase), net	`IncreaseDecreaseInOtherOperatingAssets`	$-6.40M	USD	3 Qtrs
Other - decrease/(increase), net	`IncreaseDecreaseInOtherOperatingAssets`	$5.72M	USD	3 Qtrs
Accounts payable - (decrease)	`IncreaseDecreaseInAccountsPayable`	$-3.08M	USD	3 Qtrs
Accounts payable - (decrease)	`IncreaseDecreaseInAccountsPayable`	$-13.29M	USD	3 Qtrs
Accrued and other liabilities - (decrease)	`IncreaseDecreaseInAccruedLiabilitiesAndOthers`	$2.60M	USD	3 Qtrs
Accrued and other liabilities - (decrease)	`IncreaseDecreaseInAccruedLiabilitiesAndOthers`	$10.18M	USD	3 Qtrs
Net Cash Provided by/(Used in) Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-28.90M	USD	3 Qtrs
Net Cash Provided by/(Used in) Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$11.38M	USD	3 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$11.19M	USD	3 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$12.33M	USD	3 Qtrs
Acquisition of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$325.71M	USD	3 Qtrs
Proceeds from the sale of assets	`ProceedsFromSaleOfProductiveAssets`	$451.00K	USD	3 Qtrs
Proceeds from the sale of assets	`ProceedsFromSaleOfProductiveAssets`	$18.00K	USD	3 Qtrs
Net Cash Used in Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-336.45M	USD	3 Qtrs
Net Cash Used in Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-12.31M	USD	3 Qtrs
Repayments of debt	`RepaymentsOfDebtAndCapitalLeaseObligations`	$11.46M	USD	3 Qtrs
Repayments of debt	`RepaymentsOfDebtAndCapitalLeaseObligations`	$786.00K	USD	3 Qtrs
Borrowings of senior notes and term loan	`ProceedsFromIssuanceOfDebt`	$390.00M	USD	3 Qtrs
Cash dividends paid	`PaymentsOfDividends`	$790.00K	USD	3 Qtrs
Debt issue cost paid	`PaymentsOfDebtIssuanceCosts`	$14.03M	USD	3 Qtrs
Net cash effect of exercise related to stock options	`ProceedsFromStockOptionsExercised`	$-186.00K	USD	3 Qtrs
Net cash effect of exercise related to stock options	`ProceedsFromStockOptionsExercised`	$55.00K	USD	3 Qtrs
Net Cash (Used in)/Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$-11.65M	USD	3 Qtrs
Net Cash (Used in)/Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$374.45M	USD	3 Qtrs
Net (Decrease)/Increase in Cash and Cash Equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-12.58M	USD	3 Qtrs
Net (Decrease)/Increase in Cash and Cash Equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$9.11M	USD	3 Qtrs
Cash and Cash Equivalents - Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$19.38M	USD	Point-in-time
Cash and Cash Equivalents - Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$28.87M	USD	Point-in-time
Cash and Cash Equivalents - Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$10.27M	USD	Point-in-time
Cash and Cash Equivalents - Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$41.45M	USD	Point-in-time
Cash and Cash Equivalents - End of Period	`CashAndCashEquivalentsAtCarryingValue`	$19.38M	USD	Point-in-time
Cash and Cash Equivalents - End of Period	`CashAndCashEquivalentsAtCarryingValue`	$28.87M	USD	Point-in-time
Cash and Cash Equivalents - End of Period	`CashAndCashEquivalentsAtCarryingValue`	$10.27M	USD	Point-in-time
Cash and Cash Equivalents - End of Period	`CashAndCashEquivalentsAtCarryingValue`	$41.45M	USD	Point-in-time

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