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

10-Q Filing

NVENT ELECTRIC PLC CIK: 1720635 Q1 2021
Filing Information
Form Type 10-Q
Accession Number 0001720635-21-000026
Period End Date 20210331
Filing Date 20210429
Fiscal Year 2021
Fiscal Period Q1
XBRL Instance nvt-20210331_htm.xml
Filing Contents
Balance Sheet 66 line items
Line Item Tag Value Unit Period
Accounts and notes receivable, allowances AllowanceForDoubtfulAccountsReceivableCurrent $6.20M USD Point-in-time
Accounts and notes receivable, allowances AllowanceForDoubtfulAccountsReceivableCurrent $5.80M USD Point-in-time
Ordinary shares, par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Ordinary shares, par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $122.50M USD Point-in-time
Cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $104.90M USD Point-in-time
Cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $187.90M USD Point-in-time
Cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $106.40M USD Point-in-time
Ordinary shares authorized (in shares) CommonStockSharesAuthorized 400.00M shares Point-in-time
Ordinary shares authorized (in shares) CommonStockSharesAuthorized 400.00M shares Point-in-time
Accounts and notes receivable, net of allowances of $5.8 and $6.2, respectively AccountsAndNotesReceivableNet $351.70M USD Point-in-time
Ordinary shares issued (in shares) CommonStockSharesIssued 167.70M shares Point-in-time
Ordinary shares issued (in shares) CommonStockSharesIssued 168.20M shares Point-in-time
Accounts and notes receivable, net of allowances of $5.8 and $6.2, respectively AccountsAndNotesReceivableNet $313.80M USD Point-in-time
Inventories InventoryNet $235.20M USD Point-in-time
Inventories InventoryNet $237.90M USD Point-in-time
Other current assets OtherAssetsCurrent $104.50M USD Point-in-time
Other current assets OtherAssetsCurrent $92.90M USD Point-in-time
Total current assets AssetsCurrent $764.40M USD Point-in-time
Total current assets AssetsCurrent $799.00M USD Point-in-time
Property, plant and equipment, net PropertyPlantAndEquipmentNet $289.40M USD Point-in-time
Property, plant and equipment, net PropertyPlantAndEquipmentNet $282.70M USD Point-in-time
Goodwill Goodwill $2.10B USD Point-in-time
Goodwill Goodwill $2.09B USD Point-in-time
Intangibles, net IntangibleAssetsNetExcludingGoodwill $1.11B USD Point-in-time
Intangibles, net IntangibleAssetsNetExcludingGoodwill $1.09B USD Point-in-time
Other non-current assets OtherAssetsNoncurrent $108.60M USD Point-in-time
Other non-current assets OtherAssetsNoncurrent $133.30M USD Point-in-time
Total other assets AssetsNoncurrentExcludingPropertyPlantAndEquipment $3.31B USD Point-in-time
Total other assets AssetsNoncurrentExcludingPropertyPlantAndEquipment $3.32B USD Point-in-time
Total assets Assets $4.37B USD Point-in-time
Total assets Assets $4.40B USD Point-in-time
Current maturities of long-term debt and short-term borrowings LongTermDebtCurrent $20.00M USD Point-in-time
Current maturities of long-term debt and short-term borrowings LongTermDebtCurrent $20.00M USD Point-in-time
Accounts payable AccountsPayableCurrent $171.10M USD Point-in-time
Accounts payable AccountsPayableCurrent $176.90M USD Point-in-time
Employee compensation and benefits EmployeeRelatedLiabilitiesCurrent $76.30M USD Point-in-time
Employee compensation and benefits EmployeeRelatedLiabilitiesCurrent $70.40M USD Point-in-time
Other current liabilities OtherAccruedLiabilitiesCurrent $190.60M USD Point-in-time
Other current liabilities OtherAccruedLiabilitiesCurrent $188.50M USD Point-in-time
Total current liabilities LiabilitiesCurrent $450.00M USD Point-in-time
Total current liabilities LiabilitiesCurrent $463.80M USD Point-in-time
Long-term debt LongTermDebt $928.00M USD Point-in-time
Long-term debt LongTermDebt $923.20M USD Point-in-time
Pension and other post-retirement compensation and benefits PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent $228.70M USD Point-in-time
Pension and other post-retirement compensation and benefits PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent $237.90M USD Point-in-time
Deferred tax liabilities DeferredIncomeTaxLiabilitiesNet $230.10M USD Point-in-time
Deferred tax liabilities DeferredIncomeTaxLiabilitiesNet $229.40M USD Point-in-time
Other non-current liabilities OtherLiabilitiesNoncurrent $102.90M USD Point-in-time
Other non-current liabilities OtherLiabilitiesNoncurrent $110.30M USD Point-in-time
Total liabilities Liabilities $1.95B USD Point-in-time
Total liabilities Liabilities $1.96B USD Point-in-time
Ordinary shares $0.01 par value, 400.0 authorized, 167.7 and 168.2 issued at March 31, 2021 and December 31, 2020, respectively CommonStockValueOutstanding $1.70M USD Point-in-time
Ordinary shares $0.01 par value, 400.0 authorized, 167.7 and 168.2 issued at March 31, 2021 and December 31, 2020, respectively CommonStockValueOutstanding $1.70M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $2.46B USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $2.48B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $56.70M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $20.70M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-72.90M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-95.20M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.59B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.45B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.58B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.41B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $4.40B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $4.37B USD Point-in-time
Income Statement 40 line items
Line Item Tag Value Unit Period
Net sales RevenueFromContractWithCustomerExcludingAssessedTax $520.90M USD 1 Quarter
Net sales RevenueFromContractWithCustomerExcludingAssessedTax $548.90M USD 1 Quarter
Cost of goods sold CostOfGoodsAndServicesSold $325.60M USD 1 Quarter
Cost of goods sold CostOfGoodsAndServicesSold $339.90M USD 1 Quarter
Gross profit GrossProfit $209.00M USD 1 Quarter
Gross profit GrossProfit $195.30M USD 1 Quarter
Selling, general and administrative SellingGeneralAndAdministrativeExpense $117.20M USD 1 Quarter
Selling, general and administrative SellingGeneralAndAdministrativeExpense $123.10M USD 1 Quarter
Research and development ResearchAndDevelopmentExpense $11.90M USD 1 Quarter
Research and development ResearchAndDevelopmentExpense $11.40M USD 1 Quarter
Operating income OperatingIncomeLoss $60.30M USD 1 Quarter
Operating income OperatingIncomeLoss $80.40M USD 1 Quarter
Net interest expense InterestIncomeExpenseNet $-9.90M USD 1 Quarter
Net interest expense InterestIncomeExpenseNet $-8.10M USD 1 Quarter
Other expense OtherNonoperatingExpense $600.00K USD 1 Quarter
Other expense OtherNonoperatingExpense $800.00K USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $71.70M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $49.60M USD 1 Quarter
Provision for income taxes IncomeTaxExpenseBenefit $31.00M USD 1 Quarter
Provision for income taxes IncomeTaxExpenseBenefit $6.30M USD 1 Quarter
Net income ProfitLoss $18.60M USD 1 Quarter
Net income ProfitLoss $65.40M USD 1 Quarter
Net income ProfitLoss $18.60M USD 1 Quarter
Net income ProfitLoss $65.40M USD 1 Quarter
Changes in cumulative translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $3.00M USD 1 Quarter
Changes in cumulative translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-23.50M USD 1 Quarter
Changes in market value of derivative financial instruments, net of tax OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent $19.30M USD 1 Quarter
Changes in market value of derivative financial instruments, net of tax OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent $17.00M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTax $12.10M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTax $87.70M USD 1 Quarter
Basic pro forma earnings per ordinary share (in dollars per share) BasicEarningsPerShareProForma $0.11 USD 1 Quarter
Basic pro forma earnings per ordinary share (in dollars per share) BasicEarningsPerShareProForma $0.39 USD 1 Quarter
Diluted pro forma earnings per ordinary share (in dollars per share) DilutedEarningsPerShareProForma $0.11 USD 1 Quarter
Diluted pro forma earnings per ordinary share (in dollars per share) DilutedEarningsPerShareProForma $0.39 USD 1 Quarter
Basic (shares) WeightedAverageNumberOfSharesOutstandingBasic 169.80M shares 1 Quarter
Basic (shares) WeightedAverageNumberOfSharesOutstandingBasic 167.70M shares 1 Quarter
Diluted (shares) WeightedAverageNumberOfDilutedSharesOutstanding 168.80M shares 1 Quarter
Diluted (shares) WeightedAverageNumberOfDilutedSharesOutstanding 171.00M shares 1 Quarter
Cash dividends paid per ordinary share (in usd per share) CommonStockDividendsPerShareCashPaid $0.17 USD 1 Quarter
Cash dividends paid per ordinary share (in usd per share) CommonStockDividendsPerShareCashPaid $0.17 USD 1 Quarter
Cash Flow Statement 58 line items
Line Item Tag Value Unit Period
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest ProfitLoss $18.60M USD 1 Quarter
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest ProfitLoss $65.40M USD 1 Quarter
Depreciation Depreciation $9.60M USD 1 Quarter
Depreciation Depreciation $9.70M USD 1 Quarter
Amortization AmortizationOfIntangibleAssets $16.00M USD 1 Quarter
Amortization AmortizationOfIntangibleAssets $15.90M USD 1 Quarter
Deferred income taxes DeferredIncomeTaxesAndTaxCredits $-1.50M USD 1 Quarter
Deferred income taxes DeferredIncomeTaxesAndTaxCredits $26.00M USD 1 Quarter
Share-based compensation ShareBasedCompensation $1.90M USD 1 Quarter
Share-based compensation ShareBasedCompensation $-200.00K USD 1 Quarter
Accounts and notes receivable IncreaseDecreaseInAccountsReceivable $42.20M USD 1 Quarter
Accounts and notes receivable IncreaseDecreaseInAccountsReceivable $2.60M USD 1 Quarter
Inventories IncreaseDecreaseInInventories $6.20M USD 1 Quarter
Inventories IncreaseDecreaseInInventories $6.10M USD 1 Quarter
Other current assets IncreaseDecreaseInOtherCurrentAssets $12.60M USD 1 Quarter
Other current assets IncreaseDecreaseInOtherCurrentAssets $5.70M USD 1 Quarter
Accounts payable IncreaseDecreaseInAccountsPayable $-33.30M USD 1 Quarter
Accounts payable IncreaseDecreaseInAccountsPayable $10.10M USD 1 Quarter
Employee compensation and benefits IncreaseDecreaseInOtherEmployeeRelatedLiabilities $-9.30M USD 1 Quarter
Employee compensation and benefits IncreaseDecreaseInOtherEmployeeRelatedLiabilities $7.10M USD 1 Quarter
Other current liabilities IncreaseDecreaseInOtherCurrentLiabilities $2.50M USD 1 Quarter
Other current liabilities IncreaseDecreaseInOtherCurrentLiabilities $-8.60M USD 1 Quarter
Other non-current assets and liabilities IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet $-200.00K USD 1 Quarter
Other non-current assets and liabilities IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet $-1.90M USD 1 Quarter
Net cash provided by (used for) operating activities NetCashProvidedByUsedInOperatingActivities $49.90M USD 1 Quarter
Net cash provided by (used for) operating activities NetCashProvidedByUsedInOperatingActivities $6.70M USD 1 Quarter
Capital expenditures PaymentsToAcquirePropertyPlantAndEquipment $9.90M USD 1 Quarter
Capital expenditures PaymentsToAcquirePropertyPlantAndEquipment $10.20M USD 1 Quarter
Proceeds from sale of property and equipment ProceedsFromSaleOfPropertyPlantAndEquipment $1.10M USD 1 Quarter
Proceeds from sale of property and equipment ProceedsFromSaleOfPropertyPlantAndEquipment $100.00K USD 1 Quarter
Acquisitions, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $27.00M USD 1 Quarter
Acquisitions, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $3.90M USD 1 Quarter
Net cash provided by (used for) investing activities NetCashProvidedByUsedInInvestingActivities $-36.10M USD 1 Quarter
Net cash provided by (used for) investing activities NetCashProvidedByUsedInInvestingActivities $-13.70M USD 1 Quarter
Net receipts of revolving long-term debt NetReceiptsOfRevolvingLongTermDebt - USD 1 Quarter
Net receipts of revolving long-term debt NetReceiptsOfRevolvingLongTermDebt $150.00M USD 1 Quarter
Repayments of long-term debt RepaymentsOfLongTermDebt $3.80M USD 1 Quarter
Repayments of long-term debt RepaymentsOfLongTermDebt $5.00M USD 1 Quarter
Dividends paid PaymentsOfDividendsCommonStock $29.40M USD 1 Quarter
Dividends paid PaymentsOfDividendsCommonStock $29.70M USD 1 Quarter
Shares issued to employees, net of shares withheld ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions $2.00M USD 1 Quarter
Shares issued to employees, net of shares withheld ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions $3.00M USD 1 Quarter
Repurchases of ordinary shares PaymentsForRepurchaseOfCommonStock $20.00M USD 1 Quarter
Repurchases of ordinary shares PaymentsForRepurchaseOfCommonStock $3.20M USD 1 Quarter
Net cash provided by (used for) financing activities NetCashProvidedByUsedInFinancingActivities $116.30M USD 1 Quarter
Net cash provided by (used for) financing activities NetCashProvidedByUsedInFinancingActivities $-52.40M USD 1 Quarter
Effect of exchange rate changes on cash and cash equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $-5.40M USD 1 Quarter
Effect of exchange rate changes on cash and cash equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $-1.40M USD 1 Quarter
Change in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $81.50M USD 1 Quarter
Change in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-17.60M USD 1 Quarter
Cash and cash equivalents, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $122.50M USD Point-in-time
Cash and cash equivalents, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $104.90M USD Point-in-time
Cash and cash equivalents, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $187.90M USD Point-in-time
Cash and cash equivalents, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $106.40M USD Point-in-time
Cash and cash equivalents, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $122.50M USD Point-in-time
Cash and cash equivalents, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $104.90M USD Point-in-time
Cash and cash equivalents, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $187.90M USD Point-in-time
Cash and cash equivalents, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $106.40M USD Point-in-time
Stockholders Equity 26 line items
Line Item Tag Value Unit Period
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.59B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.45B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.58B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.41B USD Point-in-time
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest ProfitLoss $18.60M USD 1 Quarter
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest ProfitLoss $65.40M USD 1 Quarter
Other Comprehensive Income (Loss), Net of Tax OtherComprehensiveIncomeLossNetOfTax $-6.50M USD 1 Quarter
Other Comprehensive Income (Loss), Net of Tax OtherComprehensiveIncomeLossNetOfTax $22.30M USD 1 Quarter
Dividends, Common Stock DividendsCommonStock $29.40M USD 1 Quarter
Dividends, Common Stock DividendsCommonStock $29.80M USD 1 Quarter
Share repurchases (in shares) StockRepurchasedDuringPeriodShares 200,000.00 shares 1 Quarter
Share repurchases (in shares) StockRepurchasedDuringPeriodShares 900,000.00 shares 1 Quarter
Share repurchases StockRepurchasedDuringPeriodValue $3.20M USD 1 Quarter
Share repurchases StockRepurchasedDuringPeriodValue $20.00M USD 1 Quarter
Stock Issued During Period, Value, Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised $4.10M USD 1 Quarter
Stock Issued During Period, Value, Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised $6.40M USD 1 Quarter
Issuance of restricted shares, net of cancellations StockIssuedDuringPeriodSharesRestrictedStockAwardNetOfForfeitures 0.00 shares 1 Quarter
Issuance of restricted shares, net of cancellations StockIssuedDuringPeriodSharesRestrictedStockAwardNetOfForfeitures 0.00 shares 1 Quarter
Share-based Payment Arrangement, Decrease for Tax Withholding Obligation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation $3.30M USD 1 Quarter
Share-based Payment Arrangement, Decrease for Tax Withholding Obligation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation $2.00M USD 1 Quarter
APIC, Share-based Payment Arrangement, Increase for Cost Recognition AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $1.90M USD 1 Quarter
APIC, Share-based Payment Arrangement, Increase for Cost Recognition AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $-200.00K USD 1 Quarter
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.59B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.45B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.58B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.41B USD Point-in-time

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

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