10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001564590-15-003454 |
| Period End Date | 20150331 |
| Filing Date | 20150507 |
| Fiscal Year | 2015 |
| Fiscal Period | Q1 |
| XBRL Instance | kro-20150331.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
82 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$53.80M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$167.70M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$179.00M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$121.40M | USD | Point-in-time |
| Restricted cash |
RestrictedCashAndCashEquivalentsAtCarryingValue
|
$2.20M | USD | Point-in-time |
| Restricted cash |
RestrictedCashAndCashEquivalentsAtCarryingValue
|
$1.50M | USD | Point-in-time |
| Accounts and other receivables |
ReceivablesNetCurrent
|
$278.20M | USD | Point-in-time |
| Accounts and other receivables |
ReceivablesNetCurrent
|
$286.30M | USD | Point-in-time |
| Inventories, net |
InventoryNet
|
$423.60M | USD | Point-in-time |
| Inventories, net |
InventoryNet
|
$394.00M | USD | Point-in-time |
| Prepaid expenses and other |
PrepaidExpenseAndOtherAssetsCurrent
|
$8.20M | USD | Point-in-time |
| Prepaid expenses and other |
PrepaidExpenseAndOtherAssetsCurrent
|
$7.70M | USD | Point-in-time |
| Deferred income taxes |
DeferredTaxAssetsNetCurrent
|
$6.20M | USD | Point-in-time |
| Deferred income taxes |
DeferredTaxAssetsNetCurrent
|
$6.30M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$817.10M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$886.20M | USD | Point-in-time |
| Investment in TiO2 manufacturing joint venture |
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
|
$77.80M | USD | Point-in-time |
| Investment in TiO2 manufacturing joint venture |
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
|
$89.00M | USD | Point-in-time |
| Marketable securities |
AvailableForSaleSecurities
|
$10.80M | USD | Point-in-time |
| Marketable securities |
AvailableForSaleSecurities
|
$11.10M | USD | Point-in-time |
| Deferred income taxes |
DeferredTaxAssetsNetNoncurrent
|
$159.40M | USD | Point-in-time |
| Deferred income taxes |
DeferredTaxAssetsNetNoncurrent
|
$165.40M | USD | Point-in-time |
| Other |
OtherAssetsNoncurrent
|
$11.10M | USD | Point-in-time |
| Other |
OtherAssetsNoncurrent
|
$9.30M | USD | Point-in-time |
| Total other assets |
AssetsNoncurrent
|
$276.60M | USD | Point-in-time |
| Total other assets |
AssetsNoncurrent
|
$257.30M | USD | Point-in-time |
| Land |
Land
|
$38.30M | USD | Point-in-time |
| Land |
Land
|
$42.60M | USD | Point-in-time |
| Buildings |
BuildingsAndImprovementsGross
|
$199.30M | USD | Point-in-time |
| Buildings |
BuildingsAndImprovementsGross
|
$220.60M | USD | Point-in-time |
| Equipment |
MachineryAndEquipmentGross
|
$936.70M | USD | Point-in-time |
| Equipment |
MachineryAndEquipmentGross
|
$1.04B | USD | Point-in-time |
| Mining properties |
MiningProperties
|
$116.70M | USD | Point-in-time |
| Mining properties |
MiningProperties
|
$110.80M | USD | Point-in-time |
| Construction in progress |
ConstructionInProgressGross
|
$24.40M | USD | Point-in-time |
| Construction in progress |
ConstructionInProgressGross
|
$23.80M | USD | Point-in-time |
| Gross property and equipment |
PropertyPlantAndEquipmentGross
|
$1.31B | USD | Point-in-time |
| Gross property and equipment |
PropertyPlantAndEquipmentGross
|
$1.44B | USD | Point-in-time |
| Less accumulated depreciation and amortization |
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
$878.80M | USD | Point-in-time |
| Less accumulated depreciation and amortization |
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
$960.20M | USD | Point-in-time |
| Net property and equipment |
PropertyPlantAndEquipmentNet
|
$479.70M | USD | Point-in-time |
| Net property and equipment |
PropertyPlantAndEquipmentNet
|
$430.10M | USD | Point-in-time |
| Total assets |
Assets
|
$1.50B | USD | Point-in-time |
| Total assets |
Assets
|
$1.64B | USD | Point-in-time |
| Current maturities of long-term debt |
LongTermDebtAndCapitalLeaseObligationsCurrent
|
$3.90M | USD | Point-in-time |
| Current maturities of long-term debt |
LongTermDebtAndCapitalLeaseObligationsCurrent
|
$3.90M | USD | Point-in-time |
| Accounts payable and accrued liabilities |
AccountsPayableAndAccruedLiabilitiesCurrent
|
$222.50M | USD | Point-in-time |
| Accounts payable and accrued liabilities |
AccountsPayableAndAccruedLiabilitiesCurrent
|
$178.20M | USD | Point-in-time |
| Income taxes |
AccruedIncomeTaxesCurrent
|
$8.40M | USD | Point-in-time |
| Income taxes |
AccruedIncomeTaxesCurrent
|
$7.80M | USD | Point-in-time |
| Deferred income taxes |
DeferredTaxLiabilitiesCurrent
|
$3.30M | USD | Point-in-time |
| Deferred income taxes |
DeferredTaxLiabilitiesCurrent
|
$3.70M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$193.80M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$237.90M | USD | Point-in-time |
| Long-term debt |
LongTermDebtAndCapitalLeaseObligations
|
$344.70M | USD | Point-in-time |
| Long-term debt |
LongTermDebtAndCapitalLeaseObligations
|
$344.70M | USD | Point-in-time |
| Deferred income taxes |
DeferredTaxLiabilitiesNoncurrent
|
$6.80M | USD | Point-in-time |
| Deferred income taxes |
DeferredTaxLiabilitiesNoncurrent
|
$6.50M | USD | Point-in-time |
| Accrued pension cost |
DefinedBenefitPensionPlanLiabilitiesNoncurrent
|
$208.70M | USD | Point-in-time |
| Accrued pension cost |
DefinedBenefitPensionPlanLiabilitiesNoncurrent
|
$237.10M | USD | Point-in-time |
| Accrued postretirement benefits cost |
OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent
|
$7.60M | USD | Point-in-time |
| Accrued postretirement benefits cost |
OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent
|
$8.10M | USD | Point-in-time |
| Other |
OtherLiabilitiesNoncurrent
|
$26.80M | USD | Point-in-time |
| Other |
OtherLiabilitiesNoncurrent
|
$24.70M | USD | Point-in-time |
| Total noncurrent liabilities |
LiabilitiesNoncurrent
|
$623.50M | USD | Point-in-time |
| Total noncurrent liabilities |
LiabilitiesNoncurrent
|
$592.20M | USD | Point-in-time |
| Common stock |
CommonStockValue
|
$1.20M | USD | Point-in-time |
| Common stock |
CommonStockValue
|
$1.20M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$1.40B | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$1.40B | USD | Point-in-time |
| Retained deficit |
RetainedEarningsAccumulatedDeficit
|
$-282.90M | USD | Point-in-time |
| Retained deficit |
RetainedEarningsAccumulatedDeficit
|
$-281.90M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-152.00M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-163.40M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-335.80M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-399.40M | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquity
|
$781.10M | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquity
|
$718.50M | USD | Point-in-time |
| Total liabilities and stockholders' equity |
LiabilitiesAndStockholdersEquity
|
$1.64B | USD | Point-in-time |
| Total liabilities and stockholders' equity |
LiabilitiesAndStockholdersEquity
|
$1.50B | USD | Point-in-time |
| Commitments and contingencies (Notes 8 and 12) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Commitments and contingencies (Notes 8 and 12) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
Income Statement
30 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net sales |
SalesRevenueNet
|
$420.10M | USD | 1 Quarter |
| Net sales |
SalesRevenueNet
|
$365.10M | USD | 1 Quarter |
| Cost of sales |
CostOfGoodsSold
|
$339.60M | USD | 1 Quarter |
| Cost of sales |
CostOfGoodsSold
|
$287.70M | USD | 1 Quarter |
| Gross margin |
GrossProfit
|
$80.50M | USD | 1 Quarter |
| Gross margin |
GrossProfit
|
$77.40M | USD | 1 Quarter |
| Selling, general and administrative expense |
SellingGeneralAndAdministrativeExpense
|
$43.40M | USD | 1 Quarter |
| Selling, general and administrative expense |
SellingGeneralAndAdministrativeExpense
|
$49.10M | USD | 1 Quarter |
| Currency transaction gains (losses), net |
ForeignCurrencyTransactionGainLossBeforeTax
|
$-2.70M | USD | 1 Quarter |
| Currency transaction gains (losses), net |
ForeignCurrencyTransactionGainLossBeforeTax
|
$1.60M | USD | 1 Quarter |
| Other operating expense, net |
OtherOperatingIncomeExpenseNet
|
$-3.40M | USD | 1 Quarter |
| Other operating expense, net |
OtherOperatingIncomeExpenseNet
|
$-2.70M | USD | 1 Quarter |
| Income from operations |
OperatingIncomeLoss
|
$26.00M | USD | 1 Quarter |
| Income from operations |
OperatingIncomeLoss
|
$32.20M | USD | 1 Quarter |
| Interest and dividend income |
InvestmentIncomeInterestAndDividend
|
$200.00K | USD | 1 Quarter |
| Interest and dividend income |
InvestmentIncomeInterestAndDividend
|
$200.00K | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$4.00M | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$4.60M | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$22.20M | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$27.80M | USD | 1 Quarter |
| Income tax expense |
IncomeTaxExpenseBenefit
|
$9.40M | USD | 1 Quarter |
| Income tax expense |
IncomeTaxExpenseBenefit
|
$7.90M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$18.40M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$14.30M | USD | 1 Quarter |
| Net income per basic and diluted share |
EarningsPerShareBasicAndDiluted
|
$0.16 | USD | 1 Quarter |
| Net income per basic and diluted share |
EarningsPerShareBasicAndDiluted
|
$0.12 | USD | 1 Quarter |
| Cash dividends per share |
CommonStockDividendsPerShareCashPaid
|
$0.15 | USD | 1 Quarter |
| Cash dividends per share |
CommonStockDividendsPerShareCashPaid
|
$0.15 | USD | 1 Quarter |
| Weighted average shares used in the calculation of net income per share |
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
115.90M | shares | 1 Quarter |
| Weighted average shares used in the calculation of net income per share |
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
115.90M | shares | 1 Quarter |
Cash Flow Statement
60 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
NetIncomeLoss
|
$18.40M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$14.30M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$11.00M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$12.60M | USD | 1 Quarter |
| Deferred income taxes |
DeferredIncomeTaxExpenseBenefit
|
$9.40M | USD | 1 Quarter |
| Deferred income taxes |
DeferredIncomeTaxExpenseBenefit
|
$2.30M | USD | 1 Quarter |
| Benefit plan expense greater (less) than cash funding |
PensionAndOtherPostretirementBenefitExpense
|
$-1.90M | USD | 1 Quarter |
| Distributions from TiO2 manufacturing joint venture, net |
DividendsOrDistributionsFromEquityMethodInvestments
|
$4.50M | USD | 1 Quarter |
| Distributions from TiO2 manufacturing joint venture, net |
DividendsOrDistributionsFromEquityMethodInvestments
|
$11.20M | USD | 1 Quarter |
| Other, net |
OtherNoncashIncomeExpense
|
$-3.30M | USD | 1 Quarter |
| Other, net |
OtherNoncashIncomeExpense
|
$-1.40M | USD | 1 Quarter |
| Accounts and other receivables |
IncreaseDecreaseInAccountsAndOtherReceivables
|
$40.30M | USD | 1 Quarter |
| Accounts and other receivables |
IncreaseDecreaseInAccountsAndOtherReceivables
|
$61.20M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$8.30M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$-8.60M | USD | 1 Quarter |
| Prepaid expenses |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$1.90M | USD | 1 Quarter |
| Prepaid expenses |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$300.00K | USD | 1 Quarter |
| Accounts payable and accrued liabilities |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$3.90M | USD | 1 Quarter |
| Accounts payable and accrued liabilities |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$-18.60M | USD | 1 Quarter |
| Income taxes |
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
$-2.10M | USD | 1 Quarter |
| Income taxes |
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
$400.00K | USD | 1 Quarter |
| Accounts with affiliates |
IncreaseDecreaseDueFromAffiliates
|
$-7.50M | USD | 1 Quarter |
| Accounts with affiliates |
IncreaseDecreaseDueFromAffiliates
|
$-13.30M | USD | 1 Quarter |
| Other, net |
IncreaseDecreaseInOtherOperatingCapitalNet
|
$-100.00K | USD | 1 Quarter |
| Other, net |
IncreaseDecreaseInOtherOperatingCapitalNet
|
$100.00K | USD | 1 Quarter |
| Net cash used in operating activities |
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
$-2.50M | USD | 1 Quarter |
| Net cash used in operating activities |
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
$-10.00M | USD | 1 Quarter |
| Capital expenditures |
PaymentsToAcquirePropertyPlantAndEquipment
|
$11.70M | USD | 1 Quarter |
| Capital expenditures |
PaymentsToAcquirePropertyPlantAndEquipment
|
$16.30M | USD | 1 Quarter |
| Change in restricted cash, net |
IncreaseDecreaseInRestrictedCashAndInvestments
|
$-700.00K | USD | 1 Quarter |
| Change in restricted cash, net |
IncreaseDecreaseInRestrictedCashAndInvestments
|
$-600.00K | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
$-15.70M | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
$-11.00M | USD | 1 Quarter |
| Borrowings |
ProceedsFromLongTermLinesOfCredit
|
$1.30M | USD | 1 Quarter |
| Borrowings |
ProceedsFromLongTermLinesOfCredit
|
$429.30M | USD | 1 Quarter |
| Principal payments |
RepaymentsOfLongTermDebt
|
$262.30M | USD | 1 Quarter |
| Principal payments |
RepaymentsOfLongTermDebt
|
$900.00K | USD | 1 Quarter |
| Deferred financing fees |
PaymentsOfFinancingCosts
|
$6.10M | USD | 1 Quarter |
| Dividends paid |
PaymentsOfDividendsCommonStock
|
$17.40M | USD | 1 Quarter |
| Dividends paid |
PaymentsOfDividendsCommonStock
|
$17.40M | USD | 1 Quarter |
| Net cash provided by (used in) financing activities |
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
$143.50M | USD | 1 Quarter |
| Net cash provided by (used in) financing activities |
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
$-17.00M | USD | 1 Quarter |
| Operating, investing and financing activities |
CashAndCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
$125.30M | USD | 1 Quarter |
| Operating, investing and financing activities |
CashAndCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
$-38.00M | USD | 1 Quarter |
| Currency translation |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$-8.30M | USD | 1 Quarter |
| Currency translation |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$-100.00K | USD | 1 Quarter |
| Balance at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$53.80M | USD | Point-in-time |
| Balance at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$167.70M | USD | Point-in-time |
| Balance at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$179.00M | USD | Point-in-time |
| Balance at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$121.40M | USD | Point-in-time |
| Balance at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$53.80M | USD | Point-in-time |
| Balance at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$167.70M | USD | Point-in-time |
| Balance at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$179.00M | USD | Point-in-time |
| Balance at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$121.40M | USD | Point-in-time |
| Interest, net of capitalized interest |
InterestPaidNet
|
$3.10M | USD | 1 Quarter |
| Interest, net of capitalized interest |
InterestPaidNet
|
$4.40M | USD | 1 Quarter |
| Income taxes |
IncomeTaxesPaidNet
|
$6.90M | USD | 1 Quarter |
| Income taxes |
IncomeTaxesPaidNet
|
$1.90M | USD | 1 Quarter |
| Accrual for capital expenditures |
CapitalExpendituresIncurredButNotYetPaid
|
$4.60M | USD | 1 Quarter |
| Accrual for capital expenditures |
CapitalExpendituresIncurredButNotYetPaid
|
$2.00M | USD | 1 Quarter |
Stockholders Equity
9 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Beginning Balance |
StockholdersEquity
|
$781.10M | USD | Point-in-time |
| Beginning Balance |
StockholdersEquity
|
$718.50M | USD | Point-in-time |
| Net income |
NetIncomeLoss
|
$18.40M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$14.30M | USD | 1 Quarter |
| Other comprehensive loss, net of tax |
OtherComprehensiveIncomeLossNetOfTax
|
$-63.60M | USD | 1 Quarter |
| Other comprehensive loss, net of tax |
OtherComprehensiveIncomeLossNetOfTax
|
$-11.40M | USD | 1 Quarter |
| Dividends paid |
DividendsCommonStockCash
|
$17.40M | USD | 1 Quarter |
| Ending Balance |
StockholdersEquity
|
$781.10M | USD | Point-in-time |
| Ending Balance |
StockholdersEquity
|
$718.50M | USD | Point-in-time |
Comprehensive Income
10 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
NetIncomeLoss
|
$18.40M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$14.30M | USD | 1 Quarter |
| Marketable securities |
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
|
$-500.00K | USD | 1 Quarter |
| Marketable securities |
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
|
$-10.60M | USD | 1 Quarter |
| Currency translation |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
$-2.60M | USD | 1 Quarter |
| Currency translation |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
$-65.60M | USD | 1 Quarter |
| Total other comprehensive loss, net |
OtherComprehensiveIncomeLossNetOfTax
|
$-63.60M | USD | 1 Quarter |
| Total other comprehensive loss, net |
OtherComprehensiveIncomeLossNetOfTax
|
$-11.40M | USD | 1 Quarter |
| Comprehensive income (loss) |
ComprehensiveIncomeNetOfTax
|
$-45.20M | USD | 1 Quarter |
| Comprehensive income (loss) |
ComprehensiveIncomeNetOfTax
|
$2.90M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.