GCP Applied Technologies Inc.

$ Overview Financials Valuation SEC Filings Company Website

2016 Q1 Form 10-Q Financial Statement

#000164444016000195 Filed on May 11, 2016

Income Statement

Concept	2016 Q1	2015 Q1

Balance Sheet

Concept	2016 Q1	2015 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$126.7M	$109.3M
YoY Change	15.92%
Cash & Equivalents	$110.8M	$109.2M
Short-Term Investments		$100.0K
Other Short-Term Assets	$36.50M	$17.20M
YoY Change	112.21%
Inventory	$110.8M	$118.4M
Prepaid Expenses
Receivables	$221.0M	$221.7M
Other Receivables	$0.00	$73.40M
Total Short-Term Assets	$495.0M	$540.0M
YoY Change	-8.33%
LONG-TERM ASSETS
Property, Plant & Equipment	$223.5M	$191.7M
YoY Change	16.59%
Goodwill	$104.4M
YoY Change
Intangibles	$33.20M
YoY Change
Long-Term Investments
YoY Change
Other Assets	$23.80M	$64.60M
YoY Change	-63.16%
Total Long-Term Assets	$490.6M	$400.9M
YoY Change	22.37%
TOTAL ASSETS
Total Short-Term Assets	$495.0M	$540.0M
Total Long-Term Assets	$490.6M	$400.9M
Total Assets	$985.6M	$940.9M
YoY Change	4.75%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$122.2M	$108.7M
YoY Change	12.42%
Accrued Expenses	$77.10M	$63.00M
YoY Change	22.38%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due	$32.00M	$65.40M
YoY Change	-51.07%
Total Short-Term Liabilities	$275.2M	$276.1M
YoY Change	-0.33%
LONG-TERM LIABILITIES
Long-Term Debt	$784.2M	$0.00
YoY Change
Other Long-Term Liabilities	$9.300M	$48.00M
YoY Change	-80.63%
Total Long-Term Liabilities	$793.5M	$48.00M
YoY Change	1553.13%
TOTAL LIABILITIES
Total Short-Term Liabilities	$275.2M	$276.1M
Total Long-Term Liabilities	$793.5M	$48.00M
Total Liabilities	$1.168B	$346.0M
YoY Change	237.49%
SHAREHOLDERS EQUITY
Retained Earnings	-$61.20M
YoY Change
Common Stock	$700.0K
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)	$1.700M
YoY Change
Treasury Stock Shares
Shareholders Equity	-$186.2M	$594.9M
YoY Change
Total Liabilities & Shareholders Equity	$985.6M	$940.9M
YoY Change	4.75%

Cashflow Statement

Concept	2016 Q1	2015 Q1

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2016Q1	dei	Amendment Flag AmendmentFlag	false
CY2016Q1	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2016Q1	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2016Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2016
CY2016Q1	dei	Document Period End Date DocumentPeriodEndDate	2016-03-31
CY2016Q1	dei	Document Type DocumentType	10-Q
CY2016Q1	dei	Entity Central Index Key EntityCentralIndexKey	0001644440
CY2016Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	70694650	shares
CY2016Q1	dei	Entity Filer Category EntityFilerCategory	Non-accelerated Filer
CY2016Q1	dei	Entity Registrant Name EntityRegistrantName	GCP Applied Technologies Inc.
CY2015Q1	gcpwi	Adjusted Earnings Loss Before Interest Income Taxes AdjustedEarningsLossBeforeInterestIncomeTaxes	34900000	USD
CY2016Q1	gcpwi	Adjusted Earnings Loss Before Interest Income Taxes AdjustedEarningsLossBeforeInterestIncomeTaxes	45800000	USD
CY2016Q1	gcpwi	Debt Proceeds Operating Expenses And Separation Fees Reserve DebtProceedsOperatingExpensesAndSeparationFeesReserve	50000000	USD
CY2015Q4	gcpwi	Deferred Compensation Share Based Arrangements And Employee Related Liabilities Current DeferredCompensationShareBasedArrangementsAndEmployeeRelatedLiabilitiesCurrent	27100000	USD
CY2016Q1	gcpwi	Deferred Compensation Share Based Arrangements And Employee Related Liabilities Current DeferredCompensationShareBasedArrangementsAndEmployeeRelatedLiabilitiesCurrent	25500000	USD
CY2016Q1	gcpwi	Increase Decrease In Deferred Tax Assets IncreaseDecreaseInDeferredTaxAssets	68000000	USD
CY2015Q1	gcpwi	Stockholders Equity Note Transfers To Parent Company Net StockholdersEquityNoteTransfersToParentCompanyNet	700000	USD
CY2016Q1	gcpwi	Stockholders Equity Note Transfers To Parent Company Net StockholdersEquityNoteTransfersToParentCompanyNet	677900000	USD
CY2015Q4	gcpwi	Stockholders Equity Parent Company Investment Net StockholdersEquityParentCompanyInvestmentNet	598300000	USD
CY2016Q1	gcpwi	Stockholders Equity Parent Company Investment Net StockholdersEquityParentCompanyInvestmentNet	0	USD
CY2015Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	109000000	USD
CY2016Q1	us-gaap	Accounts Payable Current AccountsPayableCurrent	122200000	USD
CY2015Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	203600000	USD
CY2016Q1	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	221000000	USD
CY2015Q4	us-gaap	Accrued Income Taxes Current AccruedIncomeTaxesCurrent	23300000	USD
CY2016Q1	us-gaap	Accrued Income Taxes Current AccruedIncomeTaxesCurrent	15800000	USD
CY2015Q4	us-gaap	Accrued Marketing Costs Current AccruedMarketingCostsCurrent	33500000	USD
CY2016Q1	us-gaap	Accrued Marketing Costs Current AccruedMarketingCostsCurrent	28100000	USD
CY2015Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	430100000	USD
CY2016Q1	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	482300000	USD
CY2015Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-127700000	USD
CY2016Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-124000000	USD
CY2016Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	700000	USD
CY2016Q1	us-gaap	Adjustments To Additional Paid In Capital Tax Effect From Share Based Compensation AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation	800000	USD
CY2015Q1	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	800000	USD
CY2016Q1	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	1200000	USD
CY2015Q4	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	6200000	USD
CY2016Q1	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	6200000	USD
CY2015Q4	us-gaap	Assets Assets	833100000	USD
CY2016Q1	us-gaap	Assets Assets	985600000	USD
CY2015Q4	us-gaap	Assets Current AssetsCurrent	446400000	USD
CY2016Q1	us-gaap	Assets Current AssetsCurrent	495000000	USD
CY2014Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	120900000	USD
CY2015Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	109200000	USD
CY2015Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	98600000	USD
CY2016Q1	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	28100000	USD
CY2015Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2016Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	126700000	USD
CY2015Q1	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-11700000	USD
CY2016Q1	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2016Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2016Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	300000000	shares
CY2016Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	70673392	shares
CY2016Q1	us-gaap	Common Stock Value CommonStockValue	700000	USD
CY2015Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-9000000	USD
CY2016Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	20700000	USD
CY2015Q1	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	200000	USD
CY2016Q1	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	600000	USD
CY2015Q1	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	-8800000	USD
CY2016Q1	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	21300000	USD
CY2015Q1	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	211400000	USD
CY2016Q1	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	192900000	USD
CY2015Q1	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	-2800000	USD
CY2016Q1	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	-2900000	USD
CY2015Q4	us-gaap	Deferred Tax Assets Liabilities Net Noncurrent DeferredTaxAssetsLiabilitiesNetNoncurrent	17600000	USD
CY2016Q1	us-gaap	Deferred Tax Assets Liabilities Net Noncurrent DeferredTaxAssetsLiabilitiesNetNoncurrent	80200000	USD
CY2015Q4	us-gaap	Deferred Tax Liabilities Noncurrent DeferredTaxLiabilitiesNoncurrent	8700000	USD
CY2016Q1	us-gaap	Deferred Tax Liabilities Noncurrent DeferredTaxLiabilitiesNoncurrent	8600000	USD
CY2015Q4	us-gaap	Defined Benefit Pension Plan Liabilities Noncurrent DefinedBenefitPensionPlanLiabilitiesNoncurrent	34000000	USD
CY2016Q1	us-gaap	Defined Benefit Pension Plan Liabilities Noncurrent DefinedBenefitPensionPlanLiabilitiesNoncurrent	80800000	USD
CY2015Q4	us-gaap	Defined Benefit Plan Assets For Plan Benefits Noncurrent DefinedBenefitPlanAssetsForPlanBenefitsNoncurrent	26100000	USD
CY2016Q1	us-gaap	Defined Benefit Plan Assets For Plan Benefits Noncurrent DefinedBenefitPlanAssetsForPlanBenefitsNoncurrent	25500000	USD
CY2015Q1	us-gaap	Defined Contribution Plan Cost Recognized DefinedContributionPlanCostRecognized	1400000	USD
CY2016Q1	us-gaap	Defined Contribution Plan Cost Recognized DefinedContributionPlanCostRecognized	1100000	USD
CY2016Q1	us-gaap	Defined Contribution Plan Employer Matching Contribution Percent Of Match DefinedContributionPlanEmployerMatchingContributionPercentOfMatch	1
CY2016Q1	us-gaap	Defined Contribution Plan Maximum Annual Contributions Per Employee Percent DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent	0.06
CY2015Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	8200000	USD
CY2016Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	8900000	USD
CY2015Q4	us-gaap	Due To Related Parties Current DueToRelatedPartiesCurrent	42300000	USD
CY2016Q1	us-gaap	Due To Related Parties Current DueToRelatedPartiesCurrent	0	USD
CY2015Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.29
CY2016Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.24
CY2015Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.29
CY2016Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.24
CY2015Q1	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents	-13200000	USD
CY2016Q1	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents	2400000	USD
CY2015	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.673
CY2015	us-gaap	Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential	-0.064
CY2015	us-gaap	Effective Income Tax Rate Reconciliation Repatriation Of Foreign Earnings EffectiveIncomeTaxRateReconciliationRepatriationOfForeignEarnings	0.159
CY2015	us-gaap	Effective Income Tax Rate Reconciliation State And Local Income Taxes EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes	0.050
CY2016Q1	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Share Based Awards Other Than Options EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedShareBasedAwardsOtherThanOptions	10500000	USD
CY2015Q1	us-gaap	Excess Tax Benefit From Share Based Compensation Financing Activities ExcessTaxBenefitFromShareBasedCompensationFinancingActivities	1800000	USD
CY2016Q1	us-gaap	Excess Tax Benefit From Share Based Compensation Financing Activities ExcessTaxBenefitFromShareBasedCompensationFinancingActivities	800000	USD
CY2015Q4	us-gaap	Goodwill Goodwill	102500000	USD
CY2016Q1	us-gaap	Goodwill Goodwill	104400000	USD
CY2015Q1	us-gaap	Gross Profit GrossProfit	111300000	USD
CY2016Q1	us-gaap	Gross Profit GrossProfit	121200000	USD
CY2015Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	29900000	USD
CY2016Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	25800000	USD
CY2015Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	9300000	USD
CY2016Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	8400000	USD
CY2015	us-gaap	Income Tax Reconciliation Foreign Income Tax Rate Differential IncomeTaxReconciliationForeignIncomeTaxRateDifferential	-8000000	USD
CY2016Q1	us-gaap	Income Tax Reconciliation Repatriation Of Foreign Earnings IncomeTaxReconciliationRepatriationOfForeignEarnings	173100000	USD
CY2015	us-gaap	Income Tax Reconciliation Repatriation Of Foreign Earnings IncomeTaxReconciliationRepatriationOfForeignEarnings	19900000	USD
CY2015	us-gaap	Income Tax Reconciliation State And Local Income Taxes IncomeTaxReconciliationStateAndLocalIncomeTaxes	6300000	USD
CY2015Q1	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-700000	USD
CY2016Q1	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	12900000	USD
CY2015Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	5000000	USD
CY2016Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	11100000	USD
CY2015Q1	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-600000	USD
CY2016Q1	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	4000000	USD
CY2015Q1	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	0	shares
CY2016Q1	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	300000	shares
CY2015Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	33300000	USD
CY2016Q1	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	33200000	USD
CY2015Q1	us-gaap	Interest Expense InterestExpense	400000	USD
CY2016Q1	us-gaap	Interest Expense InterestExpense	12500000	USD
CY2015Q1	us-gaap	Interest Income Related Party InterestIncomeRelatedParty	200000	USD
CY2016Q1	us-gaap	Interest Income Related Party InterestIncomeRelatedParty	0	USD
CY2015Q1	us-gaap	Interest Paid InterestPaid	300000	USD
CY2016Q1	us-gaap	Interest Paid InterestPaid	3000000	USD
CY2015Q4	us-gaap	Interest Payable Current InterestPayableCurrent	3900000	USD
CY2016Q1	us-gaap	Interest Payable Current InterestPayableCurrent	9000000	USD
CY2015Q1	us-gaap	Interest Revenue Expense Net InterestRevenueExpenseNet	-300000	USD
CY2016Q1	us-gaap	Interest Revenue Expense Net InterestRevenueExpenseNet	-12500000	USD
CY2015Q4	us-gaap	Inventory Finished Goods Net Of Reserves InventoryFinishedGoodsNetOfReserves	51300000	USD
CY2016Q1	us-gaap	Inventory Finished Goods Net Of Reserves InventoryFinishedGoodsNetOfReserves	53100000	USD
CY2015Q4	us-gaap	Inventory Net InventoryNet	105300000	USD
CY2016Q1	us-gaap	Inventory Net InventoryNet	110800000	USD
CY2015Q4	us-gaap	Inventory Raw Materials Net Of Reserves InventoryRawMaterialsNetOfReserves	39100000	USD
CY2016Q1	us-gaap	Inventory Raw Materials Net Of Reserves InventoryRawMaterialsNetOfReserves	42800000	USD
CY2015Q4	us-gaap	Inventory Work In Process Net Of Reserves InventoryWorkInProcessNetOfReserves	6200000	USD
CY2016Q1	us-gaap	Inventory Work In Process Net Of Reserves InventoryWorkInProcessNetOfReserves	5600000	USD
CY2015Q4	us-gaap	Liabilities Liabilities	359000000	USD
CY2016Q1	us-gaap	Liabilities Liabilities	1167700000	USD
CY2015Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	833100000	USD
CY2016Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	985600000	USD
CY2015Q4	us-gaap	Liabilities Current LiabilitiesCurrent	302500000	USD
CY2016Q1	us-gaap	Liabilities Current LiabilitiesCurrent	275200000	USD
CY2015Q4	us-gaap	Liability For Uncertain Tax Positions Noncurrent LiabilityForUncertainTaxPositionsNoncurrent	5200000	USD
CY2016Q1	us-gaap	Operating Expenses OperatingExpenses	95400000	USD
CY2015Q4	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	36600000	USD
CY2016Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear	32000000	USD
CY2015Q4	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	0	USD
CY2016Q1	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	784200000	USD
CY2016Q1	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	41400000	USD
CY2015Q4	us-gaap	Other Assets Current OtherAssetsCurrent	38900000	USD
CY2016Q1	us-gaap	Other Assets Current OtherAssetsCurrent	36500000	USD
CY2016Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Three LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree	3400000	USD
CY2016Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Two LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo	3400000	USD
CY2016Q1	us-gaap	Number Of Operating Segments NumberOfOperatingSegments	3	segment
CY2015Q1	us-gaap	Operating Expenses OperatingExpenses	81400000	USD
CY2016Q1	us-gaap	Liability For Uncertain Tax Positions Noncurrent LiabilityForUncertainTaxPositionsNoncurrent	9600000	USD
CY2015Q4	us-gaap	Long Term Debt LongTermDebt	68000000	USD
CY2016Q1	us-gaap	Long Term Debt LongTermDebt	816200000	USD
CY2015Q4	us-gaap	Long Term Debt Current LongTermDebtCurrent	68000000	USD
CY2016Q1	us-gaap	Long Term Debt Current LongTermDebtCurrent	32000000	USD
CY2016Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal After Year Five LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive	770600000	USD
CY2016Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Five LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive	3400000	USD
CY2016Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Four LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour	3400000	USD
CY2015Q4	us-gaap	Longterm Debt Weighted Average Interest Rate LongtermDebtWeightedAverageInterestRate	0.119
CY2016Q1	us-gaap	Longterm Debt Weighted Average Interest Rate LongtermDebtWeightedAverageInterestRate	0.081
CY2015Q4	us-gaap	Minority Interest MinorityInterest	3500000	USD
CY2016Q1	us-gaap	Minority Interest MinorityInterest	4100000	USD
CY2015Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	300000	USD
CY2016Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	15600000	USD
CY2015Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-7600000	USD
CY2016Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-13600000	USD
CY2015Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	8800000	USD
CY2016Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	23700000	USD
CY2015Q1	us-gaap	Net Income Loss NetIncomeLoss	20500000	USD
CY2016Q1	us-gaap	Net Income Loss NetIncomeLoss	17000000	USD
CY2015Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	100000	USD
CY2016Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	400000	USD
CY2016Q1	us-gaap	Number Of Countries In Which Entity Operates NumberOfCountriesInWhichEntityOperates	40	country
CY2015Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	10100000	USD
CY2016Q1	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	23800000	USD
CY2015Q1	us-gaap	Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax	100000	USD
CY2016Q1	us-gaap	Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax	-200000	USD
CY2015Q1	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	-29600000	USD
CY2016Q1	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	3900000	USD
CY2015Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-29400000	USD
CY2016Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	3900000	USD
CY2015Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest	-100000	USD
CY2016Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest	-200000	USD
CY2016Q1	us-gaap	Profit Loss ProfitLoss	17400000	USD
CY2016Q1	us-gaap	Payments Of Capital Distribution PaymentsOfCapitalDistribution	750000000	USD
CY2015Q1	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	0	USD
CY2015Q4	us-gaap	Other Inventory Net Of Reserves OtherInventoryNetOfReserves	8700000	USD
CY2016Q1	us-gaap	Other Inventory Net Of Reserves OtherInventoryNetOfReserves	9300000	USD
CY2015Q4	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	125500000	USD
CY2016Q1	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	121000000	USD
CY2015Q4	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	8600000	USD
CY2016Q1	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	9300000	USD
CY2015Q4	us-gaap	Other Long Term Debt Current OtherLongTermDebtCurrent	25700000	USD
CY2016Q1	us-gaap	Other Long Term Debt Current OtherLongTermDebtCurrent	32000000	USD
CY2015Q1	us-gaap	Other Operating Activities Cash Flow Statement OtherOperatingActivitiesCashFlowStatement	-11500000	USD
CY2016Q1	us-gaap	Other Operating Activities Cash Flow Statement OtherOperatingActivitiesCashFlowStatement	4400000	USD
CY2015Q1	us-gaap	Other Operating Income Expense Net OtherOperatingIncomeExpenseNet	400000	USD
CY2016Q1	us-gaap	Other Operating Income Expense Net OtherOperatingIncomeExpenseNet	-1300000	USD
CY2015Q1	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	-100000	USD
CY2016Q1	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	-100000	USD
CY2015Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	0	USD
CY2016Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	1700000	USD
CY2016Q1	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	18200000	USD
CY2015Q1	us-gaap	Payments To Acquire Productive Assets PaymentsToAcquireProductiveAssets	7700000	USD
CY2016Q1	us-gaap	Payments To Acquire Productive Assets PaymentsToAcquireProductiveAssets	13700000	USD
CY2015Q1	us-gaap	Pension And Other Postretirement Benefit Expense PensionAndOtherPostretirementBenefitExpense	500000	USD
CY2016Q1	us-gaap	Pension And Other Postretirement Benefit Expense PensionAndOtherPostretirementBenefitExpense	2700000	USD
CY2015Q4	us-gaap	Pension And Other Postretirement Defined Benefit Plans Current Liabilities PensionAndOtherPostretirementDefinedBenefitPlansCurrentLiabilities	1100000	USD
CY2016Q1	us-gaap	Pension And Other Postretirement Defined Benefit Plans Current Liabilities PensionAndOtherPostretirementDefinedBenefitPlansCurrentLiabilities	1200000	USD
CY2015Q1	us-gaap	Pension Contributions PensionContributions	700000	USD
CY2016Q1	us-gaap	Pension Contributions PensionContributions	1300000	USD
CY2015Q1	us-gaap	Pension Expense PensionExpense	400000	USD
CY2016Q1	us-gaap	Pension Expense PensionExpense	2400000	USD
CY2015Q1	us-gaap	Proceeds From Contributions From Parent ProceedsFromContributionsFromParent	10600000	USD
CY2016Q1	us-gaap	Proceeds From Contributions From Parent ProceedsFromContributionsFromParent	-764600000	USD
CY2015Q1	us-gaap	Proceeds From Issuance Of Secured Debt ProceedsFromIssuanceOfSecuredDebt	7100000	USD
CY2016Q1	us-gaap	Proceeds From Issuance Of Secured Debt ProceedsFromIssuanceOfSecuredDebt	283100000	USD
CY2015Q1	us-gaap	Proceeds From Issuance Of Senior Long Term Debt ProceedsFromIssuanceOfSeniorLongTermDebt	0	USD
CY2016Q1	us-gaap	Proceeds From Issuance Of Senior Long Term Debt ProceedsFromIssuanceOfSeniorLongTermDebt	525000000	USD
CY2015Q1	us-gaap	Proceeds From Related Party Debt ProceedsFromRelatedPartyDebt	500000	USD
CY2016Q1	us-gaap	Proceeds From Related Party Debt ProceedsFromRelatedPartyDebt	0	USD
CY2015Q1	us-gaap	Proceeds From Repayments Of Debt ProceedsFromRepaymentsOfDebt	3300000	USD
CY2015Q1	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	0	USD
CY2016Q1	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	300000	USD
CY2015Q1	us-gaap	Profit Loss ProfitLoss	20600000	USD
CY2015Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	197100000	USD
CY2016Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	223500000	USD
CY2015Q1	us-gaap	Sales Revenue Net SalesRevenueNet	322700000	USD
CY2015Q1	us-gaap	Repayments Of Related Party Debt RepaymentsOfRelatedPartyDebt	1600000	USD
CY2016Q1	us-gaap	Repayments Of Related Party Debt RepaymentsOfRelatedPartyDebt	0	USD
CY2016Q1	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	5300000	USD
CY2015Q1	us-gaap	Repayments Of Secured Debt RepaymentsOfSecuredDebt	18100000	USD
CY2016Q1	us-gaap	Repayments Of Secured Debt RepaymentsOfSecuredDebt	9100000	USD
CY2015Q1	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	5800000	USD
CY2016Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-61200000	USD
CY2015Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	0	USD
CY2016Q1	us-gaap	Sales Revenue Net SalesRevenueNet	314100000	USD
CY2015Q1	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	71500000	USD
CY2016Q1	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	71100000	USD
CY2016Q1	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	600000	USD
CY2015Q4	us-gaap	Stockholders Equity StockholdersEquity	470600000	USD
CY2016Q1	us-gaap	Stockholders Equity StockholdersEquity	-186200000	USD
CY2014Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	607400000	USD
CY2015Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	597900000	USD
CY2015Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	474100000	USD
CY2016Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	-182100000	USD
CY2016Q1	us-gaap	Stockholders Equity Note Spinoff Transaction StockholdersEquityNoteSpinoffTransaction	0	USD
CY2016Q1	us-gaap	Treasury Stock Shares Acquired TreasuryStockSharesAcquired	83799	shares
CY2016Q1	us-gaap	Treasury Stock Value TreasuryStockValue	1700000	USD
CY2016Q1	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	1700000	USD
CY2016Q1	us-gaap	Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions	2700000	USD
CY2015Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	70500000	shares
CY2016Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	70900000	shares
CY2015Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	70500000	shares
CY2016Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	70600000	shares
CY2016Q1	us-gaap	Prior Period Reclassification Adjustment Description PriorPeriodReclassificationAdjustmentDescription	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-indent:30px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;font-style:italic;font-weight:bold;">Reclassifications</font><font style="font-family:Arial;font-size:10pt;">    Certain amounts in prior year's financial statements have been reclassified to conform to the current year presentation. Such reclassifications have not materially affected previously reported amounts in the financial statements.</font></div><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-indent:30px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;font-style:italic;font-weight:bold;">Revisions</font><font style="font-family:Arial;font-size:10pt;">    Certain prior period amounts related to borrowings and repayments under credit arrangements reported as financing activities on the Consolidated Statements of Cash Flows have been revised. For the three months ended March 31, 2015, borrowings and repayments under certain credit facilities of </font><font style="font-family:Arial;font-size:10pt;">$3.3 million</font><font style="font-family:Arial;font-size:10pt;"> were previously netted within cash flows from financing activities. GCP concluded that these revisions were not material to the previously issued Combined Financial Statements.</font></div><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-indent:30px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;font-style:italic;font-weight:bold;"></font></div></div>
CY2016Q1	us-gaap	Use Of Estimates UseOfEstimates	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-align:left;text-indent:30px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;font-style:italic;font-weight:bold;">Use of Estimates</font><font style="font-family:Arial;font-size:10pt;">    The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amount of assets and liabilities and disclosure of contingent assets and liabilities at the date of the Consolidated Financial Statements, and the reported amounts of revenues and expenses for the periods presented. Actual amounts could differ from those estimates, and the differences could be material. Changes in estimates are recorded in the period identified. GCP's accounting measurements that are most affected by management's estimates of future events are:</font></div><div style="line-height:120%;padding-left:0px;padding-bottom:10px;padding-top:10px;text-indent:30px;"><font style="padding-bottom:10px;padding-top:10px;font-family:Arial;font-size:10pt;padding-right:18px;">•</font><font style="font-family:Arial;font-size:10pt;">Contingent liabilities, which depend on an assessment of the probability of loss and an estimate of ultimate resolution cost, such as material commitments (see Note 7 to the Consolidated Financial Statements) and income taxes (see Note 4 to the Consolidated Financial Statements);</font></div><div style="line-height:120%;padding-left:0px;padding-bottom:10px;padding-top:10px;text-indent:30px;"><font style="padding-bottom:10px;padding-top:10px;font-family:Arial;font-size:10pt;padding-right:18px;">•</font><font style="font-family:Arial;font-size:10pt;">Pension and postretirement liabilities that depend on assumptions regarding participant life spans, future inflation, discount rates and total returns on invested funds (see Note 5 to the Consolidated Financial Statements); and</font></div><div style="line-height:120%;padding-left:0px;padding-bottom:10px;padding-top:10px;text-indent:30px;"><font style="padding-bottom:10px;padding-top:10px;font-family:Arial;font-size:10pt;padding-right:18px;">•</font><font style="font-family:Arial;font-size:10pt;">Realization values of net deferred tax assets, which depend on projections of future taxable income (see Note 4 to the Consolidated Financial Statements).</font></div></div>

Files In Submission

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0001644440-16-000195-index-headers.html	Edgar Link	pending
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0001644440-16-000195.txt	Edgar Link	pending
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FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
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gcpwi-20160331.xml	Edgar Link	completed
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GCP Applied Technologies Inc.

2016 Q1 Form 10-Q Financial Statement

#000164444016000195 Filed on May 11, 2016

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission