10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001564590-17-009400 |
| Period End Date | 20170331 |
| Filing Date | 20170508 |
| Fiscal Year | 2017 |
| Fiscal Period | Q1 |
| XBRL Instance | kro-20170331.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
74 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$89.80M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$50.70M | USD | Point-in-time |
| Restricted cash |
RestrictedCashAndCashEquivalentsAtCarryingValue
|
$1.60M | USD | Point-in-time |
| Restricted cash |
RestrictedCashAndCashEquivalentsAtCarryingValue
|
$1.10M | USD | Point-in-time |
| Accounts and other receivables |
ReceivablesNetCurrent
|
$273.90M | USD | Point-in-time |
| Accounts and other receivables |
ReceivablesNetCurrent
|
$244.60M | USD | Point-in-time |
| Inventories, net |
InventoryNet
|
$360.70M | USD | Point-in-time |
| Inventories, net |
InventoryNet
|
$343.50M | USD | Point-in-time |
| Prepaid expenses and other |
PrepaidExpenseAndOtherAssetsCurrent
|
$10.00M | USD | Point-in-time |
| Prepaid expenses and other |
PrepaidExpenseAndOtherAssetsCurrent
|
$8.80M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$650.40M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$734.30M | USD | Point-in-time |
| Investment in TiO2 manufacturing joint venture |
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
|
$82.00M | USD | Point-in-time |
| Investment in TiO2 manufacturing joint venture |
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
|
$78.90M | USD | Point-in-time |
| Marketable securities |
AvailableForSaleSecuritiesNoncurrent
|
$5.70M | USD | Point-in-time |
| Marketable securities |
AvailableForSaleSecuritiesNoncurrent
|
$6.00M | USD | Point-in-time |
| Deferred income taxes |
DeferredTaxAssetsNetNoncurrent
|
$5.70M | USD | Point-in-time |
| Deferred income taxes |
DeferredTaxAssetsNetNoncurrent
|
$8.10M | USD | Point-in-time |
| Other |
OtherAssetsNoncurrent
|
$2.20M | USD | Point-in-time |
| Other |
OtherAssetsNoncurrent
|
$2.00M | USD | Point-in-time |
| Total other assets |
AssetsNoncurrentExcludingPropertyPlantAndEquipment
|
$95.20M | USD | Point-in-time |
| Total other assets |
AssetsNoncurrentExcludingPropertyPlantAndEquipment
|
$95.40M | USD | Point-in-time |
| Land |
Land
|
$37.90M | USD | Point-in-time |
| Land |
Land
|
$37.30M | USD | Point-in-time |
| Buildings |
BuildingsAndImprovementsGross
|
$199.10M | USD | Point-in-time |
| Buildings |
BuildingsAndImprovementsGross
|
$195.80M | USD | Point-in-time |
| Equipment |
MachineryAndEquipmentGross
|
$947.40M | USD | Point-in-time |
| Equipment |
MachineryAndEquipmentGross
|
$975.50M | USD | Point-in-time |
| Mining properties |
MiningProperties
|
$109.80M | USD | Point-in-time |
| Mining properties |
MiningProperties
|
$108.10M | USD | Point-in-time |
| Construction in progress |
ConstructionInProgressGross
|
$38.70M | USD | Point-in-time |
| Construction in progress |
ConstructionInProgressGross
|
$33.90M | USD | Point-in-time |
| Gross property and equipment |
PropertyPlantAndEquipmentGross
|
$1.33B | USD | Point-in-time |
| Gross property and equipment |
PropertyPlantAndEquipmentGross
|
$1.36B | USD | Point-in-time |
| Less accumulated depreciation and amortization |
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
$916.90M | USD | Point-in-time |
| Less accumulated depreciation and amortization |
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
$893.30M | USD | Point-in-time |
| Net property and equipment |
PropertyPlantAndEquipmentNet
|
$439.30M | USD | Point-in-time |
| Net property and equipment |
PropertyPlantAndEquipmentNet
|
$434.00M | USD | Point-in-time |
| Total assets |
Assets
|
$1.18B | USD | Point-in-time |
| Total assets |
Assets
|
$1.27B | USD | Point-in-time |
| Current maturities of long-term debt |
LongTermDebtAndCapitalLeaseObligationsCurrent
|
$3.60M | USD | Point-in-time |
| Current maturities of long-term debt |
LongTermDebtAndCapitalLeaseObligationsCurrent
|
$3.60M | USD | Point-in-time |
| Accounts payable and accrued liabilities |
AccountsPayableAndAccruedLiabilitiesCurrent
|
$173.50M | USD | Point-in-time |
| Accounts payable and accrued liabilities |
AccountsPayableAndAccruedLiabilitiesCurrent
|
$192.40M | USD | Point-in-time |
| Income taxes |
AccruedIncomeTaxesCurrent
|
$9.50M | USD | Point-in-time |
| Income taxes |
AccruedIncomeTaxesCurrent
|
$5.00M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$182.10M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$205.50M | USD | Point-in-time |
| Long-term debt |
LongTermDebtAndCapitalLeaseObligations
|
$360.90M | USD | Point-in-time |
| Long-term debt |
LongTermDebtAndCapitalLeaseObligations
|
$335.40M | USD | Point-in-time |
| Accrued pension cost |
DefinedBenefitPensionPlanLiabilitiesNoncurrent
|
$227.30M | USD | Point-in-time |
| Accrued pension cost |
DefinedBenefitPensionPlanLiabilitiesNoncurrent
|
$232.00M | USD | Point-in-time |
| Accrued postretirement benefits cost |
OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent
|
$6.90M | USD | Point-in-time |
| Accrued postretirement benefits cost |
OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent
|
$6.90M | USD | Point-in-time |
| Deferred income taxes |
DeferredTaxLiabilitiesNoncurrent
|
$10.50M | USD | Point-in-time |
| Deferred income taxes |
DeferredTaxLiabilitiesNoncurrent
|
$11.60M | USD | Point-in-time |
| Other |
OtherLiabilitiesNoncurrent
|
$22.40M | USD | Point-in-time |
| Other |
OtherLiabilitiesNoncurrent
|
$25.30M | USD | Point-in-time |
| Total noncurrent liabilities |
LiabilitiesNoncurrent
|
$602.50M | USD | Point-in-time |
| Total noncurrent liabilities |
LiabilitiesNoncurrent
|
$636.70M | 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
|
$-532.80M | USD | Point-in-time |
| Retained deficit |
RetainedEarningsAccumulatedDeficit
|
$-552.20M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-440.40M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-452.80M | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquity
|
$395.00M | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquity
|
$426.80M | USD | Point-in-time |
| Total liabilities and stockholders' equity |
LiabilitiesAndStockholdersEquity
|
$1.18B | USD | Point-in-time |
| Total liabilities and stockholders' equity |
LiabilitiesAndStockholdersEquity
|
$1.27B | USD | Point-in-time |
| Commitments and contingencies (Notes 11 and 13) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Commitments and contingencies (Notes 11 and 13) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
Income Statement
30 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net sales |
SalesRevenueNet
|
$369.80M | USD | 1 Quarter |
| Net sales |
SalesRevenueNet
|
$318.40M | USD | 1 Quarter |
| Cost of sales |
CostOfGoodsSold
|
$278.00M | USD | 1 Quarter |
| Cost of sales |
CostOfGoodsSold
|
$266.40M | USD | 1 Quarter |
| Gross margin |
GrossProfit
|
$40.40M | USD | 1 Quarter |
| Gross margin |
GrossProfit
|
$103.40M | USD | 1 Quarter |
| Selling, general and administrative expense |
SellingGeneralAndAdministrativeExpense
|
$41.10M | USD | 1 Quarter |
| Selling, general and administrative expense |
SellingGeneralAndAdministrativeExpense
|
$46.80M | USD | 1 Quarter |
| Currency transaction gains (losses), net |
ForeignCurrencyTransactionGainLossBeforeTax
|
$2.30M | USD | 1 Quarter |
| Currency transaction gains (losses), net |
ForeignCurrencyTransactionGainLossBeforeTax
|
$-200.00K | USD | 1 Quarter |
| Other operating expense, net |
OtherOperatingIncomeExpenseNet
|
$-4.10M | USD | 1 Quarter |
| Other operating expense, net |
OtherOperatingIncomeExpenseNet
|
$-1.90M | USD | 1 Quarter |
| Income (loss) from operations |
OperatingIncomeLoss
|
$52.30M | USD | 1 Quarter |
| Income (loss) from operations |
OperatingIncomeLoss
|
$-300.00K | 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
|
$5.10M | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$4.70M | USD | 1 Quarter |
| Income (loss) before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$47.80M | USD | 1 Quarter |
| Income (loss) before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$-5.20M | USD | 1 Quarter |
| Income tax expense (benefit) |
IncomeTaxExpenseBenefit
|
$-1.40M | USD | 1 Quarter |
| Income tax expense (benefit) |
IncomeTaxExpenseBenefit
|
$11.00M | USD | 1 Quarter |
| Net income (loss) |
NetIncomeLoss
|
$36.80M | USD | 1 Quarter |
| Net income (loss) |
NetIncomeLoss
|
$-3.80M | USD | 1 Quarter |
| Net income (loss) per basic and diluted share |
EarningsPerShareBasicAndDiluted
|
$0.32 | USD | 1 Quarter |
| Net income (loss) per basic and diluted share |
EarningsPerShareBasicAndDiluted
|
$-0.03 | 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 (loss) per share |
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
115.90M | shares | 1 Quarter |
| Weighted average shares used in the calculation of net income (loss) per share |
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
115.90M | shares | 1 Quarter |
Cash Flow Statement
59 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income (loss) |
NetIncomeLoss
|
$36.80M | USD | 1 Quarter |
| Net income (loss) |
NetIncomeLoss
|
$-3.80M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$10.10M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$10.20M | USD | 1 Quarter |
| Deferred income taxes |
DeferredIncomeTaxExpenseBenefit
|
$-200.00K | USD | 1 Quarter |
| Deferred income taxes |
DeferredIncomeTaxExpenseBenefit
|
$3.00M | USD | 1 Quarter |
| Benefit plan expense greater than cash funding |
PensionAndOtherPostretirementBenefitExpense
|
$3.70M | USD | 1 Quarter |
| Benefit plan expense greater than cash funding |
PensionAndOtherPostretirementBenefitExpense
|
$2.00M | USD | 1 Quarter |
| Contributions to TiO2 manufacturing joint venture, net |
EquityMethodInvestmentDistributionsFromContributionsToNet
|
$3.10M | USD | 1 Quarter |
| Contributions to TiO2 manufacturing joint venture, net |
EquityMethodInvestmentDistributionsFromContributionsToNet
|
$800.00K | USD | 1 Quarter |
| Other, net |
OtherNoncashIncomeExpense
|
$1.60M | USD | 1 Quarter |
| Other, net |
OtherNoncashIncomeExpense
|
$-500.00K | USD | 1 Quarter |
| Accounts and other receivables |
IncreaseDecreaseInAccountsAndOtherReceivables
|
$26.80M | USD | 1 Quarter |
| Accounts and other receivables |
IncreaseDecreaseInAccountsAndOtherReceivables
|
$16.50M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$-19.50M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$12.10M | USD | 1 Quarter |
| Prepaid expenses |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$-800.00K | USD | 1 Quarter |
| Prepaid expenses |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$-1.40M | USD | 1 Quarter |
| Accounts payable and accrued liabilities |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$21.50M | USD | 1 Quarter |
| Accounts payable and accrued liabilities |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$-3.90M | USD | 1 Quarter |
| Income taxes |
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
$-3.20M | USD | 1 Quarter |
| Income taxes |
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
$4.70M | USD | 1 Quarter |
| Accounts with affiliates |
IncreaseDecreaseDueFromAffiliates
|
$800.00K | USD | 1 Quarter |
| Accounts with affiliates |
IncreaseDecreaseDueFromAffiliates
|
$17.90M | USD | 1 Quarter |
| Other, net |
IncreaseDecreaseInOtherOperatingCapitalNet
|
$-2.70M | USD | 1 Quarter |
| Other, net |
IncreaseDecreaseInOtherOperatingCapitalNet
|
$-100.00K | USD | 1 Quarter |
| Net cash provided by (used in) operating activities |
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
$-15.30M | USD | 1 Quarter |
| Net cash provided by (used in) operating activities |
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
$41.60M | USD | 1 Quarter |
| Capital expenditures |
PaymentsToAcquirePropertyPlantAndEquipment
|
$11.90M | USD | 1 Quarter |
| Capital expenditures |
PaymentsToAcquirePropertyPlantAndEquipment
|
$14.30M | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
$-14.30M | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
$-11.90M | USD | 1 Quarter |
| Borrowings |
ProceedsFromLongTermLinesOfCredit
|
$42.20M | USD | 1 Quarter |
| Borrowings |
ProceedsFromLongTermLinesOfCredit
|
$9.20M | USD | 1 Quarter |
| Principal payments |
RepaymentsOfLongTermDebt
|
$17.10M | USD | 1 Quarter |
| Principal payments |
RepaymentsOfLongTermDebt
|
$1.00M | USD | 1 Quarter |
| Deferred financing fees |
PaymentsOfFinancingCosts
|
$100.00K | 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
|
$7.60M | USD | 1 Quarter |
| Net cash provided by (used in) financing activities |
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
$-9.20M | USD | 1 Quarter |
| Operating, investing and financing activities |
CashAndCashEquivalentsAndRestrictedCashAndCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
$-38.80M | USD | 1 Quarter |
| Operating, investing and financing activities |
CashAndCashEquivalentsAndRestrictedCashAndCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
$37.30M | USD | 1 Quarter |
| Currency translation |
EffectOfExchangeRateOnCashAndCashEquivalentsAndRestrictedCashAndCashEquivalents
|
$1.30M | USD | 1 Quarter |
| Currency translation |
EffectOfExchangeRateOnCashAndCashEquivalentsAndRestrictedCashAndCashEquivalents
|
$1.30M | USD | 1 Quarter |
| Balance at beginning of period |
CashAndCashEquivalentsAndRestrictedCashAtCarryingValue
|
$94.30M | USD | Point-in-time |
| Balance at beginning of period |
CashAndCashEquivalentsAndRestrictedCashAtCarryingValue
|
$90.90M | USD | Point-in-time |
| Balance at beginning of period |
CashAndCashEquivalentsAndRestrictedCashAtCarryingValue
|
$56.80M | USD | Point-in-time |
| Balance at beginning of period |
CashAndCashEquivalentsAndRestrictedCashAtCarryingValue
|
$52.30M | USD | Point-in-time |
| Balance at end of period |
CashAndCashEquivalentsAndRestrictedCashAtCarryingValue
|
$94.30M | USD | Point-in-time |
| Balance at end of period |
CashAndCashEquivalentsAndRestrictedCashAtCarryingValue
|
$90.90M | USD | Point-in-time |
| Balance at end of period |
CashAndCashEquivalentsAndRestrictedCashAtCarryingValue
|
$56.80M | USD | Point-in-time |
| Balance at end of period |
CashAndCashEquivalentsAndRestrictedCashAtCarryingValue
|
$52.30M | USD | Point-in-time |
| Interest, net of amount capitalized |
InterestPaidNet
|
$4.60M | USD | 1 Quarter |
| Interest, net of amount capitalized |
InterestPaidNet
|
$4.20M | USD | 1 Quarter |
| Income taxes |
IncomeTaxesPaidNet
|
$2.70M | USD | 1 Quarter |
| Income taxes |
IncomeTaxesPaidNet
|
$2.10M | USD | 1 Quarter |
| Accrual for capital expenditures |
CapitalExpendituresIncurredButNotYetPaid
|
$2.60M | USD | 1 Quarter |
| Accrual for capital expenditures |
CapitalExpendituresIncurredButNotYetPaid
|
$4.20M | USD | 1 Quarter |
Stockholders Equity
9 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Beginning Balance |
StockholdersEquity
|
$395.00M | USD | Point-in-time |
| Beginning Balance |
StockholdersEquity
|
$426.80M | USD | Point-in-time |
| Net income |
NetIncomeLoss
|
$36.80M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$-3.80M | USD | 1 Quarter |
| Other comprehensive income, net of tax |
OtherComprehensiveIncomeLossNetOfTax
|
$12.40M | USD | 1 Quarter |
| Other comprehensive income, net of tax |
OtherComprehensiveIncomeLossNetOfTax
|
$14.10M | USD | 1 Quarter |
| Dividends paid |
DividendsCommonStockCash
|
$17.40M | USD | 1 Quarter |
| Ending Balance |
StockholdersEquity
|
$395.00M | USD | Point-in-time |
| Ending Balance |
StockholdersEquity
|
$426.80M | USD | Point-in-time |
Comprehensive Income
12 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income (loss) |
NetIncomeLoss
|
$36.80M | USD | 1 Quarter |
| Net income (loss) |
NetIncomeLoss
|
$-3.80M | USD | 1 Quarter |
| Currency translation |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
$9.00M | USD | 1 Quarter |
| Currency translation |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
$14.40M | USD | 1 Quarter |
| Marketable securities |
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
|
$-200.00K | USD | 1 Quarter |
| Marketable securities |
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
|
$-200.00K | USD | 1 Quarter |
| Interest rate swap |
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent
|
$-2.80M | USD | 1 Quarter |
| Interest rate swap |
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent
|
$600.00K | USD | 1 Quarter |
| Total other comprehensive income, net |
OtherComprehensiveIncomeLossNetOfTax
|
$12.40M | USD | 1 Quarter |
| Total other comprehensive income, net |
OtherComprehensiveIncomeLossNetOfTax
|
$14.10M | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTax
|
$10.30M | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTax
|
$49.20M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.