10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001653477-16-000046 |
| Period End Date | 20160331 |
| Filing Date | 20160517 |
| Fiscal Year | 2016 |
| Fiscal Period | Q1 |
| XBRL Instance | ngvt-20160331.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
54 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$19.90M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$17.60M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$22.70M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$32.00M | USD | Point-in-time |
| Accounts receivable, net |
AccountsReceivableNetCurrent
|
$96.20M | USD | Point-in-time |
| Accounts receivable, net |
AccountsReceivableNetCurrent
|
$95.80M | USD | Point-in-time |
| Inventories, net |
InventoryNet
|
$151.00M | USD | Point-in-time |
| Inventories, net |
InventoryNet
|
$171.50M | USD | Point-in-time |
| Prepaid and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$21.30M | USD | Point-in-time |
| Prepaid and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$20.20M | USD | Point-in-time |
| Current assets |
AssetsCurrent
|
$311.30M | USD | Point-in-time |
| Current assets |
AssetsCurrent
|
$299.40M | USD | Point-in-time |
| Property, plant and equipment, net |
PropertyPlantAndEquipmentNet
|
$437.50M | USD | Point-in-time |
| Property, plant and equipment, net |
PropertyPlantAndEquipmentNet
|
$441.20M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$11.90M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$12.20M | USD | Point-in-time |
| Other intangibles, net |
FiniteLivedIntangibleAssetsNet
|
$9.30M | USD | Point-in-time |
| Other intangibles, net |
FiniteLivedIntangibleAssetsNet
|
$10.00M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$23.00M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$19.50M | USD | Point-in-time |
| Total assets |
Assets
|
$793.50M | USD | Point-in-time |
| Total assets |
Assets
|
$781.80M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$62.30M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$64.80M | USD | Point-in-time |
| Accrued expenses |
AccruedLiabilitiesCurrent
|
$13.00M | USD | Point-in-time |
| Accrued expenses |
AccruedLiabilitiesCurrent
|
$23.20M | USD | Point-in-time |
| Accrued payroll and employee benefits |
EmployeeRelatedLiabilitiesCurrent
|
$8.40M | USD | Point-in-time |
| Accrued payroll and employee benefits |
EmployeeRelatedLiabilitiesCurrent
|
$10.00M | USD | Point-in-time |
| Notes payable |
NotesPayableToBankCurrent
|
$9.40M | USD | Point-in-time |
| Notes payable |
NotesPayableToBankCurrent
|
$8.90M | USD | Point-in-time |
| Current liabilities |
LiabilitiesCurrent
|
$102.80M | USD | Point-in-time |
| Current liabilities |
LiabilitiesCurrent
|
$97.20M | USD | Point-in-time |
| Capital lease obligations |
CapitalLeaseObligationsNoncurrent
|
$80.10M | USD | Point-in-time |
| Capital lease obligations |
CapitalLeaseObligationsNoncurrent
|
$80.00M | USD | Point-in-time |
| Deferred income taxes |
DeferredTaxLiabilitiesNoncurrent
|
$71.90M | USD | Point-in-time |
| Deferred income taxes |
DeferredTaxLiabilitiesNoncurrent
|
$75.70M | USD | Point-in-time |
| Other liabilities |
OtherLiabilitiesNoncurrent
|
$5.10M | USD | Point-in-time |
| Other liabilities |
OtherLiabilitiesNoncurrent
|
$7.10M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$260.10M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$259.80M | USD | Point-in-time |
| Commitments and contingencies (Note 15) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Commitments and contingencies (Note 15) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Net parent investment |
RetainedEarningsAccumulatedDeficit
|
$533.50M | USD | Point-in-time |
| Net parent investment |
RetainedEarningsAccumulatedDeficit
|
$545.50M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-17.20M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-16.50M | USD | Point-in-time |
| Total net parent investment before noncontrolling interests |
StockholdersEquity
|
$528.30M | USD | Point-in-time |
| Total net parent investment before noncontrolling interests |
StockholdersEquity
|
$517.00M | USD | Point-in-time |
| Noncontrolling interests |
MinorityInterest
|
$5.40M | USD | Point-in-time |
| Noncontrolling interests |
MinorityInterest
|
$4.70M | USD | Point-in-time |
| Total net parent investment and noncontrolling interests |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$521.70M | USD | Point-in-time |
| Total net parent investment and noncontrolling interests |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$533.70M | USD | Point-in-time |
| Total liabilities and net parent investment |
LiabilitiesAndStockholdersEquity
|
$793.50M | USD | Point-in-time |
| Total liabilities and net parent investment |
LiabilitiesAndStockholdersEquity
|
$781.80M | USD | Point-in-time |
Income Statement
26 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net sales |
SalesRevenueGoodsNet
|
$203.90M | USD | 1 Quarter |
| Net sales |
SalesRevenueGoodsNet
|
$239.20M | USD | 1 Quarter |
| Cost of sales |
CostOfGoodsSold
|
$143.90M | USD | 1 Quarter |
| Cost of sales |
CostOfGoodsSold
|
$170.10M | USD | 1 Quarter |
| Gross Profit |
GrossProfit
|
$69.10M | USD | 1 Quarter |
| Gross Profit |
GrossProfit
|
$60.00M | USD | 1 Quarter |
| Selling, general and administrative expenses |
SellingGeneralAndAdministrativeExpense
|
$28.20M | USD | 1 Quarter |
| Selling, general and administrative expenses |
SellingGeneralAndAdministrativeExpense
|
$27.60M | USD | 1 Quarter |
| Separation costs |
ProfessionalFees
|
$1.50M | USD | 1 Quarter |
| Separation costs |
ProfessionalFees
|
$6.40M | USD | 1 Quarter |
| Interest expense, net |
InterestIncomeExpenseNonoperatingNet
|
$-4.10M | USD | 1 Quarter |
| Interest expense, net |
InterestIncomeExpenseNonoperatingNet
|
$-5.40M | USD | 1 Quarter |
| Other (income) expense, net |
OtherNonoperatingIncomeExpense
|
$-800.00K | USD | 1 Quarter |
| Other (income) expense, net |
OtherNonoperatingIncomeExpense
|
$1.10M | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$36.40M | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$19.80M | USD | 1 Quarter |
| Provision for income taxes |
IncomeTaxExpenseBenefit
|
$12.20M | USD | 1 Quarter |
| Provision for income taxes |
IncomeTaxExpenseBenefit
|
$10.00M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$24.20M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$9.80M | USD | 1 Quarter |
| Less: Net income (loss) attributable to noncontrolling interests, net of taxes |
NetIncomeLossAttributableToNoncontrollingInterest
|
$1.60M | USD | 1 Quarter |
| Less: Net income (loss) attributable to noncontrolling interests, net of taxes |
NetIncomeLossAttributableToNoncontrollingInterest
|
$1.20M | USD | 1 Quarter |
| Net income attributable to Ingevity Corporation |
NetIncomeLoss
|
$8.20M | USD | 1 Quarter |
| Net income attributable to Ingevity Corporation |
NetIncomeLoss
|
$23.00M | USD | 1 Quarter |
| Basic and diluted earnings per share (usd per share) |
EarningsPerShareBasicAndDiluted
|
$0.55 | USD | 1 Quarter |
| Basic and diluted earnings per share (usd per share) |
EarningsPerShareBasicAndDiluted
|
$0.19 | USD | 1 Quarter |
Cash Flow Statement
58 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
ProfitLoss
|
$24.20M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$9.80M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$9.00M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$8.50M | USD | 1 Quarter |
| Deferred income taxes |
DeferredIncomeTaxesAndTaxCredits
|
$-3.80M | USD | 1 Quarter |
| Deferred income taxes |
DeferredIncomeTaxesAndTaxCredits
|
$-2.20M | USD | 1 Quarter |
| Impairment/loss on sale of assets |
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
|
- | USD | 1 Quarter |
| Impairment/loss on sale of assets |
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
|
$-100.00K | USD | 1 Quarter |
| Accounts receivable, net |
IncreaseDecreaseInAccountsReceivable
|
$-1.10M | USD | 1 Quarter |
| Accounts receivable, net |
IncreaseDecreaseInAccountsReceivable
|
$14.80M | USD | 1 Quarter |
| Inventories, net |
IncreaseDecreaseInInventories
|
$10.40M | USD | 1 Quarter |
| Inventories, net |
IncreaseDecreaseInInventories
|
$19.90M | USD | 1 Quarter |
| Prepaid and other current assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$1.00M | USD | 1 Quarter |
| Prepaid and other current assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$1.00M | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayableTrade
|
$-11.80M | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayableTrade
|
$-2.90M | USD | 1 Quarter |
| Accrued expenses |
IncreaseDecreaseinAccruedLiabilitiesExcludingEmployeeRelatedLiabilities
|
$-5.20M | USD | 1 Quarter |
| Accrued expenses |
IncreaseDecreaseinAccruedLiabilitiesExcludingEmployeeRelatedLiabilities
|
$7.80M | USD | 1 Quarter |
| Income taxes payable |
IncreaseDecreaseInIncomeTaxes
|
$2.30M | USD | 1 Quarter |
| Income taxes payable |
IncreaseDecreaseInIncomeTaxes
|
$4.10M | USD | 1 Quarter |
| Accrued payroll and employee benefit costs |
IncreaseDecreaseInEmployeeRelatedLiabilities
|
$-1.60M | USD | 1 Quarter |
| Accrued payroll and employee benefit costs |
IncreaseDecreaseInEmployeeRelatedLiabilities
|
$-7.40M | USD | 1 Quarter |
| Restructuring and other spending |
IncreaseDecreaseInRestructuringReserve
|
$-1.80M | USD | 1 Quarter |
| Restructuring and other spending |
IncreaseDecreaseInRestructuringReserve
|
- | USD | 1 Quarter |
| Changes in other operating assets and liabilities, net |
IncreaseDecreaseInOtherOperatingCapitalNet
|
$1.90M | USD | 1 Quarter |
| Changes in other operating assets and liabilities, net |
IncreaseDecreaseInOtherOperatingCapitalNet
|
$-900.00K | USD | 1 Quarter |
| Net cash provided (used) by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-1.00M | USD | 1 Quarter |
| Net cash provided (used) by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-16.90M | USD | 1 Quarter |
| Capital expenditures |
PaymentsToAcquireProductiveAssets
|
$11.30M | USD | 1 Quarter |
| Capital expenditures |
PaymentsToAcquireProductiveAssets
|
$18.30M | USD | 1 Quarter |
| Net cash provided (used) by investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-11.30M | USD | 1 Quarter |
| Net cash provided (used) by investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-18.30M | USD | 1 Quarter |
| Changes in notes payable and other short-term borrowings, net |
ProceedsFromRepaymentsOfShortTermDebt
|
$7.90M | USD | 1 Quarter |
| Changes in notes payable and other short-term borrowings, net |
ProceedsFromRepaymentsOfShortTermDebt
|
- | USD | 1 Quarter |
| Noncontrolling interest distributions |
PaymentsToMinorityShareholders
|
$900.00K | USD | 1 Quarter |
| Noncontrolling interest distributions |
PaymentsToMinorityShareholders
|
$1.10M | USD | 1 Quarter |
| Transactions with Parent, net |
ProceedsFromContributionsFromParent
|
$25.70M | USD | 1 Quarter |
| Transactions with Parent, net |
ProceedsFromContributionsFromParent
|
$3.80M | USD | 1 Quarter |
| Net cash provided (used) by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$2.90M | USD | 1 Quarter |
| Net cash provided (used) by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$32.50M | USD | 1 Quarter |
| Increase (decrease) in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
$-9.40M | USD | 1 Quarter |
| Increase (decrease) in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
$-2.70M | USD | 1 Quarter |
| Effect of exchange rate changes on cash |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$400.00K | USD | 1 Quarter |
| Effect of exchange rate changes on cash |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$100.00K | USD | 1 Quarter |
| Change in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-2.30M | USD | 1 Quarter |
| Change in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-9.30M | USD | 1 Quarter |
| At beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$19.90M | USD | Point-in-time |
| At beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$17.60M | USD | Point-in-time |
| At beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$22.70M | USD | Point-in-time |
| At beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$32.00M | USD | Point-in-time |
| At end of period |
CashAndCashEquivalentsAtCarryingValue
|
$19.90M | USD | Point-in-time |
| At end of period |
CashAndCashEquivalentsAtCarryingValue
|
$17.60M | USD | Point-in-time |
| At end of period |
CashAndCashEquivalentsAtCarryingValue
|
$22.70M | USD | Point-in-time |
| At end of period |
CashAndCashEquivalentsAtCarryingValue
|
$32.00M | USD | Point-in-time |
| Cash paid for interest |
InterestPaidNet
|
$1.60M | USD | 1 Quarter |
| Cash paid for interest |
InterestPaidNet
|
$1.60M | USD | 1 Quarter |
| Purchases of property, plant and equipment in accounts payable |
CapitalExpendituresIncurredButNotYetPaid
|
$1.40M | USD | 1 Quarter |
| Purchases of property, plant and equipment in accounts payable |
CapitalExpendituresIncurredButNotYetPaid
|
$5.20M | USD | 1 Quarter |
Comprehensive Income
18 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
ProfitLoss
|
$24.20M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$9.80M | USD | 1 Quarter |
| Foreign currency translation adjustment |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$-1.10M | USD | 1 Quarter |
| Foreign currency translation adjustment |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$-5.50M | USD | 1 Quarter |
| Unrealized gain (loss), net |
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
$500.00K | USD | 1 Quarter |
| Unrealized gain (loss), net |
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
$600.00K | USD | 1 Quarter |
| Reclassifications of deferred derivative instruments (gain) loss, included in net income |
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
|
$200.00K | USD | 1 Quarter |
| Reclassifications of deferred derivative instruments (gain) loss, included in net income |
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
|
- | USD | 1 Quarter |
| Net unrealized gain (loss) on derivative instruments |
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
|
$400.00K | USD | 1 Quarter |
| Net unrealized gain (loss) on derivative instruments |
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
|
$500.00K | USD | 1 Quarter |
| Other comprehensive income (loss), net of tax |
OtherComprehensiveIncomeLossNetOfTax
|
$-5.00M | USD | 1 Quarter |
| Other comprehensive income (loss), net of tax |
OtherComprehensiveIncomeLossNetOfTax
|
$-700.00K | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$9.10M | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$19.20M | USD | 1 Quarter |
| Less: Comprehensive income (loss) attributable to noncontrolling interests, net of taxes |
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
$1.60M | USD | 1 Quarter |
| Less: Comprehensive income (loss) attributable to noncontrolling interests, net of taxes |
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
$1.20M | USD | 1 Quarter |
| Comprehensive income attributable to the Company |
ComprehensiveIncomeNetOfTax
|
$7.50M | USD | 1 Quarter |
| Comprehensive income attributable to the Company |
ComprehensiveIncomeNetOfTax
|
$18.00M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.