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10-Q Filing

BELDEN INC. CIK: 913142 Q1 2014
Filing Information
Form Type 10-Q
Accession Number 0001193125-14-183981
Period End Date 20140331
Filing Date 20140506
Fiscal Year 2014
Fiscal Period Q1
XBRL Instance bdc-20140330.xml
Balance Sheet 55 line items
Line Item Tag Value Unit Period
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $469.41M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $569.58M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $613.30M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $395.10M USD Point-in-time
Receivables, net ReceivablesNetCurrent $304.20M USD Point-in-time
Receivables, net ReceivablesNetCurrent $313.60M USD Point-in-time
Inventories, net InventoryNet $207.98M USD Point-in-time
Inventories, net InventoryNet $220.10M USD Point-in-time
Deferred income taxes DeferredTaxAssetsNetCurrent $28.77M USD Point-in-time
Deferred income taxes DeferredTaxAssetsNetCurrent $28.67M USD Point-in-time
Other current assets OtherAssetsCurrent $41.24M USD Point-in-time
Other current assets OtherAssetsCurrent $47.69M USD Point-in-time
Total current assets AssetsCurrent $1.18B USD Point-in-time
Total current assets AssetsCurrent $1.20B USD Point-in-time
Property, plant and equipment, less accumulated depreciation PropertyPlantAndEquipmentNet $300.83M USD Point-in-time
Property, plant and equipment, less accumulated depreciation PropertyPlantAndEquipmentNet $300.79M USD Point-in-time
Goodwill Goodwill $766.68M USD Point-in-time
Goodwill Goodwill $773.05M USD Point-in-time
Intangible assets, less accumulated amortization IntangibleAssetsNetExcludingGoodwill $376.98M USD Point-in-time
Intangible assets, less accumulated amortization IntangibleAssetsNetExcludingGoodwill $361.45M USD Point-in-time
Deferred income taxes DeferredTaxAssetsNetNoncurrent $25.09M USD Point-in-time
Deferred income taxes DeferredTaxAssetsNetNoncurrent $26.03M USD Point-in-time
Other long-lived assets OtherAssetsNoncurrent $80.64M USD Point-in-time
Other long-lived assets OtherAssetsNoncurrent $79.36M USD Point-in-time
Total assets Assets $2.75B USD Point-in-time
Total assets Assets $2.71B USD Point-in-time
Accounts payable AccountsPayableCurrent $199.90M USD Point-in-time
Accounts payable AccountsPayableCurrent $200.16M USD Point-in-time
Accrued liabilities AccruedLiabilitiesCurrent $199.17M USD Point-in-time
Accrued liabilities AccruedLiabilitiesCurrent $158.32M USD Point-in-time
Current maturities of long-term debt LongTermDebtCurrent $2.50M USD Point-in-time
Current maturities of long-term debt LongTermDebtCurrent $2.50M USD Point-in-time
Total current liabilities LiabilitiesCurrent $401.57M USD Point-in-time
Total current liabilities LiabilitiesCurrent $360.98M USD Point-in-time
Long-term debt LongTermDebtNoncurrent $1.36B USD Point-in-time
Long-term debt LongTermDebtNoncurrent $1.37B USD Point-in-time
Postretirement benefits PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent $105.92M USD Point-in-time
Postretirement benefits PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent $103.27M USD Point-in-time
Other long-term liabilities OtherLiabilitiesNoncurrent $33.82M USD Point-in-time
Other long-term liabilities OtherLiabilitiesNoncurrent $43.19M USD Point-in-time
Preferred stock PreferredStockValue - USD Point-in-time
Common stock CommonStockValue $503.00K USD Point-in-time
Common stock CommonStockValue $503.00K USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $585.30M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $585.75M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $556.21M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $578.60M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-40.49M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-29.18M USD Point-in-time
Treasury stock TreasuryStockValue $273.90M USD Point-in-time
Treasury stock TreasuryStockValue $276.75M USD Point-in-time
Total stockholders' equity StockholdersEquity $850.00M USD Point-in-time
Total stockholders' equity StockholdersEquity $836.54M USD Point-in-time
Total liabilities and stockholders' equity LiabilitiesAndStockholdersEquity $2.75B USD Point-in-time
Total liabilities and stockholders' equity LiabilitiesAndStockholdersEquity $2.71B USD Point-in-time
Income Statement 48 line items
Line Item Tag Value Unit Period
Revenues SalesRevenueGoodsNet $487.69M USD 1 Quarter
Revenues SalesRevenueGoodsNet $507.47M USD 1 Quarter
Cost of sales CostOfGoodsSold $311.97M USD 1 Quarter
Cost of sales CostOfGoodsSold $340.12M USD 1 Quarter
Gross profit GrossProfit $167.35M USD 1 Quarter
Gross profit GrossProfit $175.72M USD 1 Quarter
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $91.98M USD 1 Quarter
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $94.85M USD 1 Quarter
Research and development ResearchAndDevelopmentExpense $20.43M USD 1 Quarter
Research and development ResearchAndDevelopmentExpense $20.57M USD 1 Quarter
Amortization of intangibles AmortizationOfIntangibleAssets $12.98M USD 1 Quarter
Amortization of intangibles AmortizationOfIntangibleAssets $11.74M USD 1 Quarter
Income from equity method investment IncomeLossFromEquityMethodInvestments $954.00K USD 1 Quarter
Income from equity method investment IncomeLossFromEquityMethodInvestments $2.27M USD 1 Quarter
Operating income OperatingIncomeLoss $49.51M USD 1 Quarter
Operating income OperatingIncomeLoss $44.24M USD 1 Quarter
Interest expense InterestExpense $15.90M USD 1 Quarter
Interest expense InterestExpense $18.82M USD 1 Quarter
Interest income InvestmentIncomeInterest $150.00K USD 1 Quarter
Interest income InvestmentIncomeInterest $108.00K USD 1 Quarter
Income from continuing operations before taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $30.84M USD 1 Quarter
Income from continuing operations before taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $28.44M USD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit $6.20M USD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit $5.68M USD 1 Quarter
Income from continuing operations IncomeLossFromContinuingOperations $25.16M USD 1 Quarter
Income from continuing operations IncomeLossFromContinuingOperations $22.25M USD 1 Quarter
Loss from disposal of discontinued operations, net of tax DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax $-562.00K USD 1 Quarter
Net income NetIncomeLoss $22.25M USD 1 Quarter
Net income NetIncomeLoss $24.59M USD 1 Quarter
Basic WeightedAverageNumberOfSharesOutstandingBasic 43.51M shares 1 Quarter
Basic WeightedAverageNumberOfSharesOutstandingBasic 44.42M shares 1 Quarter
Diluted WeightedAverageNumberOfDilutedSharesOutstanding 45.43M shares 1 Quarter
Diluted WeightedAverageNumberOfDilutedSharesOutstanding 44.29M shares 1 Quarter
Continuing operations IncomeLossFromContinuingOperationsPerBasicShare $0.58 USD 1 Quarter
Continuing operations IncomeLossFromContinuingOperationsPerBasicShare $0.50 USD 1 Quarter
Discontinued operations IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare - USD 1 Quarter
Discontinued operations IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare $-0.01 USD 1 Quarter
Net income EarningsPerShareBasic $0.57 USD 1 Quarter
Net income EarningsPerShareBasic $0.50 USD 1 Quarter
Continuing operations IncomeLossFromContinuingOperationsPerDilutedShare $0.57 USD 1 Quarter
Continuing operations IncomeLossFromContinuingOperationsPerDilutedShare $0.49 USD 1 Quarter
Discontinued operations IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare $-0.01 USD 1 Quarter
Net income EarningsPerShareDiluted $0.56 USD 1 Quarter
Net income EarningsPerShareDiluted $0.49 USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTax $13.28M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTax $14.89M USD 1 Quarter
Dividends declared per share CommonStockDividendsPerShareDeclared $0.05 USD 1 Quarter
Dividends declared per share CommonStockDividendsPerShareDeclared $0.05 USD 1 Quarter
Cash Flow Statement 68 line items
Line Item Tag Value Unit Period
Net income NetIncomeLoss $22.25M USD 1 Quarter
Net income NetIncomeLoss $24.59M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $22.55M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $21.24M USD 1 Quarter
Share-based compensation ShareBasedCompensation $3.42M USD 1 Quarter
Share-based compensation ShareBasedCompensation $4.57M USD 1 Quarter
Pension funding less than pension expense PensionFundingLessThanGreaterThanPensionExpense $798.00K USD 1 Quarter
Pension funding less than pension expense PensionFundingLessThanGreaterThanPensionExpense $763.00K USD 1 Quarter
Loss on sale of business DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax $-562.00K USD 1 Quarter
Provision for inventory obsolescence InventoryWriteDown $474.00K USD 1 Quarter
Provision for inventory obsolescence InventoryWriteDown $63.00K USD 1 Quarter
Income from equity method investment IncomeLossFromEquityMethodInvestments $954.00K USD 1 Quarter
Income from equity method investment IncomeLossFromEquityMethodInvestments $2.27M USD 1 Quarter
Deferred income tax benefit DeferredIncomeTaxExpenseBenefit $-2.25M USD 1 Quarter
Tax benefit related to share-based compensation ExcessTaxBenefitFromShareBasedCompensationOperatingActivities $4.23M USD 1 Quarter
Tax benefit related to share-based compensation ExcessTaxBenefitFromShareBasedCompensationOperatingActivities $3.26M USD 1 Quarter
Receivables IncreaseDecreaseInReceivables $9.79M USD 1 Quarter
Receivables IncreaseDecreaseInReceivables $6.49M USD 1 Quarter
Inventories IncreaseDecreaseInInventories $13.27M USD 1 Quarter
Inventories IncreaseDecreaseInInventories $2.72M USD 1 Quarter
Accounts payable IncreaseDecreaseInAccountsPayable $1.25M USD 1 Quarter
Accounts payable IncreaseDecreaseInAccountsPayable $5.52M USD 1 Quarter
Accrued liabilities IncreaseDecreaseInAccruedLiabilities $-30.35M USD 1 Quarter
Accrued liabilities IncreaseDecreaseInAccruedLiabilities $-40.75M USD 1 Quarter
Accrued taxes IncreaseDecreaseInAccruedIncomeTaxesPayable $-1.37M USD 1 Quarter
Accrued taxes IncreaseDecreaseInAccruedIncomeTaxesPayable $-69.99M USD 1 Quarter
Other assets IncreaseDecreaseInOtherOperatingAssets $2.42M USD 1 Quarter
Other assets IncreaseDecreaseInOtherOperatingAssets $5.61M USD 1 Quarter
Other liabilities IncreaseDecreaseInOtherOperatingLiabilities $-2.69M USD 1 Quarter
Other liabilities IncreaseDecreaseInOtherOperatingLiabilities $-1.78M USD 1 Quarter
Net cash used for operating activities NetCashProvidedByUsedInOperatingActivities $-20.41M USD 1 Quarter
Net cash used for operating activities NetCashProvidedByUsedInOperatingActivities $-71.73M USD 1 Quarter
Capital expenditures PaymentsToAcquirePropertyPlantAndEquipment $10.36M USD 1 Quarter
Capital expenditures PaymentsToAcquirePropertyPlantAndEquipment $6.44M USD 1 Quarter
Cash used to acquire businesses, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $9.47M USD 1 Quarter
Cash used to acquire businesses, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $4.40M USD Point-in-time
Cash used to acquire businesses, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $4.70M USD 1 Quarter
Proceeds (payments) from disposal of businesses ProceedsFromSalesOfBusinessAffiliateAndProductiveAssets $3.73M USD 1 Quarter
Proceeds (payments) from disposal of businesses ProceedsFromSalesOfBusinessAffiliateAndProductiveAssets $-956.00K USD 1 Quarter
Proceeds from disposal of tangible assets ProceedsFromSaleOfPropertyPlantAndEquipment $12.00K USD 1 Quarter
Proceeds from disposal of tangible assets ProceedsFromSaleOfPropertyPlantAndEquipment $1.08M USD 1 Quarter
Net cash used for investing activities NetCashProvidedByUsedInInvestingActivities $-16.00M USD 1 Quarter
Net cash used for investing activities NetCashProvidedByUsedInInvestingActivities $-11.10M USD 1 Quarter
Proceeds from exercise of stock options, net of withholding tax payments ProceedsPaymentsFromStockOptionsExercised $-5.44M USD 1 Quarter
Proceeds from exercise of stock options, net of withholding tax payments ProceedsPaymentsFromStockOptionsExercised $1.55M USD 1 Quarter
Cash dividends paid PaymentsOfDividendsCommonStock $2.17M USD 1 Quarter
Cash dividends paid PaymentsOfDividendsCommonStock $76.00K USD 1 Quarter
Debt issuance costs paid PaymentsOfDebtIssuanceCosts $1.70M USD 1 Quarter
Debt issuance costs paid PaymentsOfDebtIssuanceCosts $6.79M USD 1 Quarter
Borrowings under credit arrangements ProceedsFromIssuanceOfLongTermDebt $388.22M USD 1 Quarter
Payments under borrowing arrangements RepaymentsOfLongTermDebt $194.11M USD 1 Quarter
Payments under share repurchase program PaymentsForRepurchaseOfCommonStock $31.25M USD 1 Quarter
Tax benefit related to share-based compensation ExcessTaxBenefitFromShareBasedCompensationFinancingActivities $4.23M USD 1 Quarter
Tax benefit related to share-based compensation ExcessTaxBenefitFromShareBasedCompensationFinancingActivities $3.26M USD 1 Quarter
Net cash provided by (used for) financing activities NetCashProvidedByUsedInFinancingActivities $-6.05M USD 1 Quarter
Net cash provided by (used for) financing activities NetCashProvidedByUsedInFinancingActivities $161.77M USD 1 Quarter
Effect of foreign currency exchange rate changes on cash and cash equivalents EffectOfExchangeRateOnCashAndCashEquivalents $-4.63M USD 1 Quarter
Effect of foreign currency exchange rate changes on cash and cash equivalents EffectOfExchangeRateOnCashAndCashEquivalents $-1.26M USD 1 Quarter
Increase (decrease) in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $-43.73M USD 1 Quarter
Increase (decrease) in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $74.31M USD 1 Quarter
Cash and cash equivalents, beginning of period CashAndCashEquivalentsAtCarryingValue $469.41M USD Point-in-time
Cash and cash equivalents, beginning of period CashAndCashEquivalentsAtCarryingValue $569.58M USD Point-in-time
Cash and cash equivalents, beginning of period CashAndCashEquivalentsAtCarryingValue $613.30M USD Point-in-time
Cash and cash equivalents, beginning of period CashAndCashEquivalentsAtCarryingValue $395.10M USD Point-in-time
Cash and cash equivalents, end of period CashAndCashEquivalentsAtCarryingValue $469.41M USD Point-in-time
Cash and cash equivalents, end of period CashAndCashEquivalentsAtCarryingValue $569.58M USD Point-in-time
Cash and cash equivalents, end of period CashAndCashEquivalentsAtCarryingValue $613.30M USD Point-in-time
Cash and cash equivalents, end of period CashAndCashEquivalentsAtCarryingValue $395.10M USD Point-in-time
Stockholders Equity 15 line items
Line Item Tag Value Unit Period
Beginning balance StockholdersEquity $850.00M USD Point-in-time
Beginning balance StockholdersEquity $836.54M USD Point-in-time
Net income NetIncomeLoss $22.25M USD 1 Quarter
Net income NetIncomeLoss $24.59M USD 1 Quarter
Foreign currency translation, net of $1.7 million tax OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax $-8.53M USD 1 Quarter
Foreign currency translation, net of $1.7 million tax OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax $-12.47M USD 1 Quarter
Adjustment to pension and postretirement liability, net of $0.7 million tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-1.17M USD 1 Quarter
Adjustment to pension and postretirement liability, net of $0.7 million tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-1.16M USD 1 Quarter
Net current period other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-11.31M USD 1 Quarter
Exercise of stock options, net of tax withholding forfeitures StockIssuedDuringPeriodValueStockOptionsExercised $-3.62M USD 1 Quarter
Conversion of restricted stock units into common stock, net of tax withholding forfeitures StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures $-1.83M USD 1 Quarter
Share-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $7.83M USD 1 Quarter
Dividends ($0.05 per share) DividendsCommonStockCash $2.21M USD 1 Quarter
Ending balance StockholdersEquity $850.00M USD Point-in-time
Ending balance StockholdersEquity $836.54M USD Point-in-time
Comprehensive Income 6 line items
Line Item Tag Value Unit Period
Foreign currency translation, tax benefit OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax - USD 1 Quarter
Foreign currency translation, tax benefit OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax $-1.70M USD 1 Quarter
Adjustments to pension and postretirement liability, tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax $-700.00K USD 1 Quarter
Adjustments to pension and postretirement liability, tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax $-700.00K USD 1 Quarter
Dividends declared per share CommonStockDividendsPerShareDeclared $0.05 USD 1 Quarter
Dividends declared per share CommonStockDividendsPerShareDeclared $0.05 USD 1 Quarter

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

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