◆ Market Data --:--
Commodities
Loading...
📈 Yields & Rates
Loading...
💱 FX Rates
Loading...
📈 Market Pulse
Loading...
🏛 Congress Trades
Loading...
👤 Insider Trades
Loading...
Customize Items

10-Q Filing

ZURN ELKAY WATER SOLUTIONS CORP CIK: 1439288 Q2 2020
Filing Information
Form Type 10-Q
Accession Number 0001439288-20-000157
Period End Date 20200630
Filing Date 20200728
Fiscal Year 2020
Fiscal Period Q2
XBRL Instance rxn-20200630_htm.xml
Filing Contents
Balance Sheet 68 line items
Line Item Tag Value Unit Period
Par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Shares authorized (in shares) CommonStockSharesAuthorized 200.00M shares Point-in-time
Shares authorized (in shares) CommonStockSharesAuthorized 200.00M shares Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $573.40M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $353.40M USD Point-in-time
Receivables, net AccountsReceivableNetCurrent $334.70M USD Point-in-time
Shares issued (in shares) CommonStockSharesIssued 120.66M shares Point-in-time
Shares issued (in shares) CommonStockSharesIssued 119.72M shares Point-in-time
Receivables, net AccountsReceivableNetCurrent $272.10M USD Point-in-time
Inventories InventoryNet $317.50M USD Point-in-time
Inventories InventoryNet $348.80M USD Point-in-time
Shares outstanding (in shares) CommonStockSharesOutstanding 120.66M shares Point-in-time
Shares outstanding (in shares) CommonStockSharesOutstanding 119.72M shares Point-in-time
Other current assets OtherAssetsCurrent $41.00M USD Point-in-time
Other current assets OtherAssetsCurrent $38.70M USD Point-in-time
Total current assets AssetsCurrent $1.26B USD Point-in-time
Total current assets AssetsCurrent $1.02B USD Point-in-time
Property, plant and equipment, net PropertyPlantAndEquipmentNet $378.80M USD Point-in-time
Property, plant and equipment, net PropertyPlantAndEquipmentNet $375.60M USD Point-in-time
Intangible assets, net IntangibleAssetsNetExcludingGoodwill $505.70M USD Point-in-time
Intangible assets, net IntangibleAssetsNetExcludingGoodwill $514.20M USD Point-in-time
Goodwill Goodwill $1.32B USD Point-in-time
Goodwill Goodwill $1.32B USD Point-in-time
Other assets OtherAssetsNoncurrent $147.90M USD Point-in-time
Other assets OtherAssetsNoncurrent $147.10M USD Point-in-time
Total assets Assets $3.63B USD Point-in-time
Total assets Assets $3.37B USD Point-in-time
Current maturities of debt LongTermDebtCurrent $76.40M USD Point-in-time
Current maturities of debt LongTermDebtCurrent $76.40M USD Point-in-time
Trade payables AccountsPayableCurrent $160.10M USD Point-in-time
Trade payables AccountsPayableCurrent $185.60M USD Point-in-time
Compensation and benefits OtherEmployeeRelatedLiabilitiesCurrent $61.80M USD Point-in-time
Compensation and benefits OtherEmployeeRelatedLiabilitiesCurrent $44.80M USD Point-in-time
Current portion of pension and postretirement benefit obligations PensionAndOtherPostretirementDefinedBenefitPlansCurrentLiabilities $3.20M USD Point-in-time
Current portion of pension and postretirement benefit obligations PensionAndOtherPostretirementDefinedBenefitPlansCurrentLiabilities $3.20M USD Point-in-time
Other current liabilities OtherLiabilitiesCurrent $128.50M USD Point-in-time
Other current liabilities OtherLiabilitiesCurrent $118.50M USD Point-in-time
Total current liabilities LiabilitiesCurrent $455.50M USD Point-in-time
Total current liabilities LiabilitiesCurrent $403.00M USD Point-in-time
Long-term debt LongTermDebtNoncurrent $1.40B USD Point-in-time
Long-term debt LongTermDebtNoncurrent $1.15B USD Point-in-time
Pension and postretirement benefit obligations PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent $189.60M USD Point-in-time
Pension and postretirement benefit obligations PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent $189.80M USD Point-in-time
Deferred income taxes DeferredIncomeTaxLiabilitiesNet $123.40M USD Point-in-time
Deferred income taxes DeferredIncomeTaxLiabilitiesNet $121.00M USD Point-in-time
Other liabilities OtherLiabilitiesNoncurrent $149.30M USD Point-in-time
Other liabilities OtherLiabilitiesNoncurrent $150.30M USD Point-in-time
Total liabilities Liabilities $2.01B USD Point-in-time
Total liabilities Liabilities $2.31B USD Point-in-time
Common stock, $0.01 par value; 200,000,000 shares authorized; shares issued and outstanding: 120,655,183 at June 30, 2020 and 119,718,631 at March 31, 2020 CommonStockValue $1.20M USD Point-in-time
Common stock, $0.01 par value; 200,000,000 shares authorized; shares issued and outstanding: 120,655,183 at June 30, 2020 and 119,718,631 at March 31, 2020 CommonStockValue $1.20M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $1.36B USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $1.35B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $111.90M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $85.90M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-118.10M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-124.40M USD Point-in-time
Total Rexnord stockholders' equity StockholdersEquity $1.31B USD Point-in-time
Total Rexnord stockholders' equity StockholdersEquity $1.35B USD Point-in-time
Non-controlling interest MinorityInterest $2.90M USD Point-in-time
Non-controlling interest MinorityInterest $2.70M USD Point-in-time
Total stockholders' equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.31B USD Point-in-time
Total stockholders' equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.35B USD Point-in-time
Total stockholders' equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.28B USD Point-in-time
Total stockholders' equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.23B USD Point-in-time
Total liabilities and stockholders' equity LiabilitiesAndStockholdersEquity $3.37B USD Point-in-time
Total liabilities and stockholders' equity LiabilitiesAndStockholdersEquity $3.63B USD Point-in-time
Income Statement 57 line items
Line Item Tag Value Unit Period
Net sales RevenueFromContractWithCustomerExcludingAssessedTax $508.30M USD 1 Quarter
Net sales RevenueFromContractWithCustomerExcludingAssessedTax $449.10M USD 1 Quarter
Cost of sales CostOfGoodsAndServicesSold $272.20M USD 1 Quarter
Cost of sales CostOfGoodsAndServicesSold $306.70M USD 1 Quarter
Gross profit GrossProfit $176.90M USD 1 Quarter
Gross profit GrossProfit $201.60M USD 1 Quarter
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $100.20M USD 1 Quarter
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $109.50M USD 1 Quarter
Restructuring and other similar charges RestructuringCharges $1.70M USD 1 Quarter
Restructuring and other similar charges RestructuringCharges $3.20M USD 1 Quarter
Amortization of intangible assets AmortizationOfIntangibleAssets $8.70M USD 1 Quarter
Amortization of intangible assets AmortizationOfIntangibleAssets $9.00M USD 1 Quarter
Amortization of intangible assets AmortizationOfIntangibleAssets $8.70M USD 1 Quarter
Income from operations OperatingIncomeLoss $80.20M USD 1 Quarter
Income from operations OperatingIncomeLoss $66.00M USD 1 Quarter
Interest expense, net InterestExpense $15.50M USD 1 Quarter
Interest expense, net InterestExpense $13.40M USD 1 Quarter
Other income (expense), net OtherNonoperatingIncomeExpense $400.00K USD 1 Quarter
Other income (expense), net OtherNonoperatingIncomeExpense $-1.50M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $53.00M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $63.20M USD 1 Quarter
Provision for income taxes IncomeTaxExpenseBenefit $14.80M USD 1 Quarter
Provision for income taxes IncomeTaxExpenseBenefit $17.20M USD 1 Quarter
Equity method investment income IncomeLossFromEquityMethodInvestments - USD 1 Quarter
Equity method investment income IncomeLossFromEquityMethodInvestments $100.00K USD 1 Quarter
Net income from continuing operations IncomeLossFromContinuingOperations $48.50M USD 1 Quarter
Net income from continuing operations IncomeLossFromContinuingOperations $35.80M USD 1 Quarter
Loss from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity - USD 1 Quarter
Loss from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity $-1.80M USD 1 Quarter
Net income ProfitLoss $46.70M USD 1 Quarter
Net income ProfitLoss $35.80M USD 1 Quarter
Non-controlling interest income NetIncomeLossAttributableToNoncontrollingInterest $200.00K USD 1 Quarter
Non-controlling interest income NetIncomeLossAttributableToNoncontrollingInterest $200.00K USD 1 Quarter
Net income attributable to Rexnord NetIncomeLoss $46.50M USD 1 Quarter
Net income attributable to Rexnord NetIncomeLoss $35.60M USD 1 Quarter
Dividends on preferred stock PreferredStockDividendsIncomeStatementImpact - USD 1 Quarter
Dividends on preferred stock PreferredStockDividendsIncomeStatementImpact $5.80M USD 1 Quarter
Net income attributable to Rexnord common stockholders NetIncomeLossAvailableToCommonStockholdersBasic $40.70M USD 1 Quarter
Net income attributable to Rexnord common stockholders NetIncomeLossAvailableToCommonStockholdersBasic $35.60M USD 1 Quarter
Continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerBasicShare $0.30 USD 1 Quarter
Continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerBasicShare $0.40 USD 1 Quarter
Discontinued operations (in dollars per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare - USD 1 Quarter
Discontinued operations (in dollars per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare $-0.02 USD 1 Quarter
Net income (in dollars per share) EarningsPerShareBasic $0.30 USD 1 Quarter
Net income (in dollars per share) EarningsPerShareBasic $0.39 USD 1 Quarter
Continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerDilutedShare $0.39 USD 1 Quarter
Continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerDilutedShare $0.29 USD 1 Quarter
Discontinued operations (in dollars per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare - USD 1 Quarter
Discontinued operations (in dollars per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare $-0.01 USD 1 Quarter
Net income (in dollars per share) EarningsPerShareDiluted $0.38 USD 1 Quarter
Net income (in dollars per share) EarningsPerShareDiluted $0.29 USD 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 120.25M shares 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 105.26M shares 1 Quarter
Effect of dilutive equity securities (in shares) WeightedAverageNumberDilutedSharesOutstandingAdjustment 18.40M shares 1 Quarter
Effect of dilutive equity securities (in shares) WeightedAverageNumberDilutedSharesOutstandingAdjustment 1.80M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 122.05M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 123.66M shares 1 Quarter
Cash Flow Statement 56 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $46.70M USD 1 Quarter
Net income ProfitLoss $35.80M USD 1 Quarter
Depreciation Depreciation $12.70M USD 1 Quarter
Depreciation Depreciation $12.30M USD 1 Quarter
Amortization of intangible assets AmortizationOfIntangibleAssetsIncludingDiscontinuedOperation $8.70M USD 1 Quarter
Amortization of intangible assets AmortizationOfIntangibleAssetsIncludingDiscontinuedOperation $9.00M USD 1 Quarter
Deferred income taxes IncreaseDecreaseInDeferredIncomeTaxes $-2.40M USD 1 Quarter
Deferred income taxes IncreaseDecreaseInDeferredIncomeTaxes $-3.60M USD 1 Quarter
Other non-cash charges OtherNoncashIncomeExpense $-800.00K USD 1 Quarter
Other non-cash charges OtherNoncashIncomeExpense $600.00K USD 1 Quarter
Stock-based compensation expense ShareBasedCompensation $6.90M USD 1 Quarter
Stock-based compensation expense ShareBasedCompensation $13.30M USD 1 Quarter
Receivables IncreaseDecreaseInReceivables $-12.50M USD 1 Quarter
Receivables IncreaseDecreaseInReceivables $-52.90M USD 1 Quarter
Inventories IncreaseDecreaseInInventories $33.50M USD 1 Quarter
Inventories IncreaseDecreaseInInventories $29.50M USD 1 Quarter
Other assets IncreaseDecreaseInOtherOperatingAssets $200.00K USD 1 Quarter
Other assets IncreaseDecreaseInOtherOperatingAssets $2.80M USD 1 Quarter
Accounts payable IncreaseDecreaseInAccountsPayable $-12.10M USD 1 Quarter
Accounts payable IncreaseDecreaseInAccountsPayable $-26.40M USD 1 Quarter
Accruals and other IncreaseDecreaseInAccruedLiabilities $-26.70M USD 1 Quarter
Accruals and other IncreaseDecreaseInAccruedLiabilities $-19.20M USD 1 Quarter
Cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $19.00M USD 1 Quarter
Cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $47.60M USD 1 Quarter
Expenditures for property, plant and equipment PaymentsToAcquirePropertyPlantAndEquipmentIncludingDiscontinuedOperations $5.90M USD 1 Quarter
Expenditures for property, plant and equipment PaymentsToAcquirePropertyPlantAndEquipmentIncludingDiscontinuedOperations $8.50M USD 1 Quarter
Acquisitions, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired - USD 1 Quarter
Acquisitions, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $24.80M USD 1 Quarter
Proceeds from dispositions of long-lived assets ProceedsFromSaleOfProductiveAssets $1.30M USD 1 Quarter
Proceeds from dispositions of long-lived assets ProceedsFromSaleOfProductiveAssets $900.00K USD 1 Quarter
Cash used for investing activities NetCashProvidedByUsedInInvestingActivities $-7.60M USD 1 Quarter
Cash used for investing activities NetCashProvidedByUsedInInvestingActivities $-29.40M USD 1 Quarter
Repayments of debt RepaymentsOfLongTermDebt $3.90M USD 1 Quarter
Repayments of debt RepaymentsOfLongTermDebt $250.30M USD 1 Quarter
Proceeds from exercise of stock options ProceedsFromStockOptionsExercised $6.30M USD 1 Quarter
Proceeds from exercise of stock options ProceedsFromStockOptionsExercised $4.80M USD 1 Quarter
Taxes withheld and paid on employees' share-based payment awards PaymentsRelatedToTaxWithholdingForShareBasedCompensation $5.70M USD 1 Quarter
Taxes withheld and paid on employees' share-based payment awards PaymentsRelatedToTaxWithholdingForShareBasedCompensation $9.40M USD 1 Quarter
Payment of common stock dividends PaymentsOfDividendsCommonStock - USD 1 Quarter
Payment of common stock dividends PaymentsOfDividendsCommonStock $9.60M USD 1 Quarter
Payment of preferred stock dividends PaymentsOfDividendsPreferredStockAndPreferenceStock - USD 1 Quarter
Payment of preferred stock dividends PaymentsOfDividendsPreferredStockAndPreferenceStock $5.80M USD 1 Quarter
Cash used for financing activities NetCashProvidedByUsedInFinancingActivities $-263.00M USD 1 Quarter
Cash used for financing activities NetCashProvidedByUsedInFinancingActivities $-10.60M USD 1 Quarter
Effect of exchange rate changes on cash and cash equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $3.00M USD 1 Quarter
Effect of exchange rate changes on cash and cash equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $300.00K USD 1 Quarter
Decrease in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-20.70M USD 1 Quarter
Decrease in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-220.00M USD 1 Quarter
Cash, cash equivalents and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $292.50M USD Point-in-time
Cash, cash equivalents and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $573.40M USD Point-in-time
Cash, cash equivalents and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $271.80M USD Point-in-time
Cash, cash equivalents and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $353.40M USD Point-in-time
Cash, cash equivalents and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $292.50M USD Point-in-time
Cash, cash equivalents and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $573.40M USD Point-in-time
Cash, cash equivalents and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $271.80M USD Point-in-time
Cash, cash equivalents and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $353.40M USD Point-in-time
Comprehensive Income 12 line items
Line Item Tag Value Unit Period
Net income attributable to Rexnord NetIncomeLoss $46.50M USD 1 Quarter
Net income attributable to Rexnord NetIncomeLoss $35.60M USD 1 Quarter
Foreign currency translation adjustments OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent $-500.00K USD 1 Quarter
Foreign currency translation adjustments OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent $6.40M USD 1 Quarter
Change in pension and postretirement defined benefit plans, net of tax OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent $-500.00K USD 1 Quarter
Change in pension and postretirement defined benefit plans, net of tax OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent $100.00K USD 1 Quarter
Other comprehensive income, net of tax OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent - USD 1 Quarter
Other comprehensive income, net of tax OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $6.30M USD 1 Quarter
Non-controlling interest income ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $200.00K USD 1 Quarter
Non-controlling interest income ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $200.00K USD 1 Quarter
Total comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $46.70M USD 1 Quarter
Total comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $42.10M USD 1 Quarter

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

NEWS
Loading article...
NEWS
Loading news...
TRENDING
Loading...