$ACCO
ACCO BRANDS Corp

2015 Q1 Form 10-Q Financial Statement

#000071203415000023 Filed on April 29, 2015

View on sec.gov

Income Statement

Concept 2015 Q1 2014 Q1
Revenue $290.0M $329.4M
YoY Change -11.96% -6.42%
Cost Of Revenue $209.8M $240.9M
YoY Change -12.91% -5.64%
Gross Profit $80.20M $88.50M
YoY Change -9.38% -8.95%
Gross Profit Margin 27.66% 26.87%
Selling, General & Admin $72.90M $82.10M
YoY Change -11.21% -8.37%
% of Gross Profit 90.9% 92.77%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $8.500M $9.100M
YoY Change -6.59% -8.08%
% of Gross Profit 10.6% 10.28%
Operating Expenses $77.60M $89.10M
YoY Change -12.91% -15.86%
Operating Profit $2.600M -$600.0K
YoY Change -533.33% -93.48%
Interest Expense $11.20M $12.40M
YoY Change -9.68% -21.02%
% of Operating Profit 430.77%
Other Income/Expense, Net $400.0K $0.00
YoY Change -100.0%
Pretax Income -$5.700M -$10.70M
YoY Change -46.73% -54.47%
Income Tax $100.0K -$2.900M
% Of Pretax Income
Net Earnings -$5.800M -$7.800M
YoY Change -25.64% -13.33%
Net Earnings / Revenue -2.0% -2.37%
Basic Earnings Per Share -$0.05 -$0.07
Diluted Earnings Per Share -$0.05 -$0.07
COMMON SHARES
Basic Shares Outstanding 112.0M shares 113.8M shares
Diluted Shares Outstanding 112.0M shares 113.8M shares

Balance Sheet

Concept 2015 Q1 2014 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $90.80M $95.30M
YoY Change -4.72% -6.66%
Cash & Equivalents $90.80M $95.30M
Short-Term Investments
Other Short-Term Assets $39.50M $53.80M
YoY Change -26.58% 5.91%
Inventory $273.1M $298.6M
Prepaid Expenses
Receivables $232.4M $290.5M
Other Receivables $0.00 $0.00
Total Short-Term Assets $670.0M $768.8M
YoY Change -12.85% -0.92%
LONG-TERM ASSETS
Property, Plant & Equipment $223.3M $253.9M
YoY Change -12.05% -5.89%
Goodwill $518.9M $570.7M
YoY Change -9.08% -3.37%
Intangibles $549.3M $603.8M
YoY Change -9.03% -5.64%
Long-Term Investments
YoY Change
Other Assets $57.10M $68.10M
YoY Change -16.15% -17.25%
Total Long-Term Assets $1.377B $1.534B
YoY Change -10.25% -5.62%
TOTAL ASSETS
Total Short-Term Assets $670.0M $768.8M
Total Long-Term Assets $1.377B $1.534B
Total Assets $2.047B $2.303B
YoY Change -11.12% -4.1%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $151.1M $170.6M
YoY Change -11.43% 15.27%
Accrued Expenses $111.7M $119.8M
YoY Change -6.76% -4.39%
Deferred Revenue
YoY Change
Short-Term Debt $20.60M $600.0K
YoY Change 3333.33% 0.0%
Long-Term Debt Due $22.00M $7.600M
YoY Change 189.47% 985.71%
Total Short-Term Liabilities $340.1M $373.0M
YoY Change -8.82% 4.16%
LONG-TERM LIABILITIES
Long-Term Debt $797.7M $913.9M
YoY Change -12.71% -12.99%
Other Long-Term Liabilities $72.30M $85.00M
YoY Change -14.94% 4.42%
Total Long-Term Liabilities $870.0M $998.9M
YoY Change -12.9% -11.73%
TOTAL LIABILITIES
Total Short-Term Liabilities $340.1M $373.0M
Total Long-Term Liabilities $870.0M $998.9M
Total Liabilities $1.463B $1.593B
YoY Change -8.12% -9.9%
SHAREHOLDERS EQUITY
Retained Earnings -$1.059B -$1.153B
YoY Change -8.12% -6.36%
Common Stock $1.100M $1.100M
YoY Change 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $10.70M $4.800M
YoY Change 122.92% 41.18%
Treasury Stock Shares
Shareholders Equity $583.1M $709.7M
YoY Change
Total Liabilities & Shareholders Equity $2.047B $2.303B
YoY Change -11.12% -4.1%

Cashflow Statement

Concept 2015 Q1 2014 Q1
OPERATING ACTIVITIES
Net Income -$5.800M -$7.800M
YoY Change -25.64% -13.33%
Depreciation, Depletion And Amortization $8.500M $9.100M
YoY Change -6.59% -8.08%
Cash From Operating Activities $49.90M $48.00M
YoY Change 3.96% -43.99%
INVESTING ACTIVITIES
Capital Expenditures $8.700M $6.800M
YoY Change 27.94% -6.85%
Acquisitions
YoY Change
Other Investing Activities $100.0K $800.0K
YoY Change -87.5%
Cash From Investing Activities -$8.600M -$6.000M
YoY Change 43.33% -30.23%
FINANCING ACTIVITIES
Cash Dividend Paid $0.00 $0.00
YoY Change
Common Stock Issuance & Retirement, Net $14.60M $0.00
YoY Change
Debt Paid & Issued, Net $0.00
YoY Change -100.0%
Cash From Financing Activities $400.0K -$800.0K
YoY Change -150.0% -96.3%
NET CHANGE
Cash From Operating Activities $49.90M $48.00M
Cash From Investing Activities -$8.600M -$6.000M
Cash From Financing Activities $400.0K -$800.0K
Net Change In Cash $41.70M $41.20M
YoY Change 1.21% -25.77%
FREE CASH FLOW
Cash From Operating Activities $49.90M $48.00M
Capital Expenditures $8.700M $6.800M
Free Cash Flow $41.20M $41.20M
YoY Change 0.0% -47.45%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2015Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
3000000 USD
CY2014Q1 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
1000000 USD
CY2015Q1 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
900000 USD
CY2014Q4 abd Accrued Customer Program Liabilities Current
AccruedCustomerProgramLiabilitiesCurrent
111800000 USD
CY2015Q1 abd Accrued Customer Program Liabilities Current
AccruedCustomerProgramLiabilitiesCurrent
76100000 USD
CY2014Q1 abd Income Expense From Affiliates
IncomeExpenseFromAffiliates
0 USD
CY2015Q1 abd Income Expense From Affiliates
IncomeExpenseFromAffiliates
0 USD
CY2014Q1 abd Income Loss Before Earnings From Wholly Owned Subsidiaries
IncomeLossBeforeEarningsFromWhollyOwnedSubsidiaries
-7800000 USD
CY2015Q1 abd Income Loss Before Earnings From Wholly Owned Subsidiaries
IncomeLossBeforeEarningsFromWhollyOwnedSubsidiaries
-5800000 USD
CY2014Q4 abd Intangible Assets Accumulated Amortization
IntangibleAssetsAccumulatedAmortization
166300000 USD
CY2015Q1 abd Intangible Assets Accumulated Amortization
IntangibleAssetsAccumulatedAmortization
168900000 USD
CY2014Q4 abd Intangible Assets Gross
IntangibleAssetsGross
737700000 USD
CY2015Q1 abd Intangible Assets Gross
IntangibleAssetsGross
718200000 USD
CY2015Q1 abd Restructuring And Related Costs Payment Period
RestructuringAndRelatedCostsPaymentPeriod
P9M
CY2015Q1 dei Amendment Flag
AmendmentFlag
false
CY2015Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2015Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2015Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2015
CY2015Q1 dei Document Period End Date
DocumentPeriodEndDate
2015-03-31
CY2015Q1 dei Document Type
DocumentType
10-Q
CY2015Q1 dei Entity Central Index Key
EntityCentralIndexKey
0000712034
CY2015Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
109913006 shares
CY2015Q1 dei Entity Filer Category
EntityFilerCategory
Accelerated Filer
CY2015Q1 dei Entity Registrant Name
EntityRegistrantName
ACCO BRANDS CORP
CY2014Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
159100000 USD
CY2015Q1 us-gaap Accounts Payable Current
AccountsPayableCurrent
151100000 USD
CY2014Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
420500000 USD
CY2015Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
232400000 USD
CY2014Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
312200000 USD
CY2015Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
308100000 USD
CY2014Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-292600000 USD
CY2015Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-366600000 USD
CY2014Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
2031500000 USD
CY2015Q1 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
2018200000 USD
CY2014Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
3100000 USD
CY2014Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
5900000 USD
CY2015Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
5200000 USD
CY2014Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
8600000 shares
CY2015Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
9800000 shares
CY2014Q4 us-gaap Assets
Assets
2226400000 USD
CY2015Q1 us-gaap Assets
Assets
2046500000 USD
CY2014Q4 us-gaap Assets Current
AssetsCurrent
778800000 USD
CY2015Q1 us-gaap Assets Current
AssetsCurrent
670000000 USD
CY2013Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
53500000 USD
CY2014Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
95300000 USD
CY2014Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
53200000 USD
CY2015Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
90800000 USD
CY2014Q1 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
41800000 USD
CY2015Q1 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
37600000 USD
CY2014Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
114099361 shares
CY2015Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
110942776 shares
CY2014Q4 us-gaap Common Stock Value
CommonStockValue
1100000 USD
CY2015Q1 us-gaap Common Stock Value
CommonStockValue
1100000 USD
CY2014Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
5600000 USD
CY2015Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-79800000 USD
CY2014Q1 us-gaap Cost Of Goods Sold
CostOfGoodsSold
240900000 USD
CY2015Q1 us-gaap Cost Of Goods Sold
CostOfGoodsSold
209800000 USD
CY2014Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
800700000 USD
CY2015Q1 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
819700000 USD
CY2014Q4 us-gaap Debt Instrument Fair Value
DebtInstrumentFairValue
831900000 USD
CY2015Q1 us-gaap Debt Instrument Fair Value
DebtInstrumentFairValue
839700000 USD
CY2014Q4 us-gaap Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
800700000 USD
CY2015Q1 us-gaap Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
819700000 USD
CY2014Q4 us-gaap Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
39400000 USD
CY2015Q1 us-gaap Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
34200000 USD
CY2014Q4 us-gaap Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
31700000 USD
CY2015Q1 us-gaap Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
27900000 USD
CY2014Q4 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
172200000 USD
CY2015Q1 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
160300000 USD
CY2015Q1 us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
2000000 USD
CY2015Q1 us-gaap Defined Benefit Plans Estimated Future Employer Contributions In Current Fiscal Year
DefinedBenefitPlansEstimatedFutureEmployerContributionsInCurrentFiscalYear
7700000 USD
CY2014Q1 us-gaap Depreciation
Depreciation
9100000 USD
CY2015Q1 us-gaap Depreciation
Depreciation
8500000 USD
CY2014Q4 us-gaap Derivative Fair Value Of Derivative Asset Amount Not Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountNotOffsetAgainstCollateral
4700000 USD
CY2015Q1 us-gaap Derivative Fair Value Of Derivative Asset Amount Not Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountNotOffsetAgainstCollateral
3800000 USD
CY2014Q4 us-gaap Derivative Fair Value Of Derivative Liability Amount Not Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountNotOffsetAgainstCollateral
500000 USD
CY2015Q1 us-gaap Derivative Fair Value Of Derivative Liability Amount Not Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountNotOffsetAgainstCollateral
100000 USD
CY2014Q4 us-gaap Due From Affiliate Current
DueFromAffiliateCurrent
0 USD
CY2015Q1 us-gaap Due From Affiliate Current
DueFromAffiliateCurrent
0 USD
CY2014Q4 us-gaap Due From Affiliate Noncurrent
DueFromAffiliateNoncurrent
0 USD
CY2015Q1 us-gaap Due From Affiliate Noncurrent
DueFromAffiliateNoncurrent
0 USD
CY2014Q4 us-gaap Due To Affiliate Current
DueToAffiliateCurrent
0 USD
CY2015Q1 us-gaap Due To Affiliate Current
DueToAffiliateCurrent
0 USD
CY2014Q4 us-gaap Due To Affiliate Noncurrent
DueToAffiliateNoncurrent
0 USD
CY2015Q1 us-gaap Due To Affiliate Noncurrent
DueToAffiliateNoncurrent
0 USD
CY2014Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.07
CY2015Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.05
CY2014Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.07
CY2015Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.05
CY2014Q1 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
600000 USD
CY2015Q1 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-4100000 USD
CY2014Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.271
CY2014Q1 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-8500000 USD
CY2015Q1 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-2600000 USD
CY2015Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.018
CY2014Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
36600000 USD
CY2015Q1 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
20900000 USD
CY2014Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
121800000 USD
CY2015Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
124400000 USD
CY2015Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
17000000 USD
CY2015Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
19400000 USD
CY2015Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
7700000 USD
CY2015Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
9700000 USD
CY2015Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
11800000 USD
CY2015Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
13900000 USD
CY2014Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
238300000 USD
CY2015Q1 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
233500000 USD
CY2014Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
116500000 USD
CY2015Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
109100000 USD
CY2014Q4 us-gaap Foreign Currency Contract Asset Fair Value Disclosure
ForeignCurrencyContractAssetFairValueDisclosure
4700000 USD
CY2015Q1 us-gaap Foreign Currency Contract Asset Fair Value Disclosure
ForeignCurrencyContractAssetFairValueDisclosure
3800000 USD
CY2014Q4 us-gaap Foreign Currency Contracts Liability Fair Value Disclosure
ForeignCurrencyContractsLiabilityFairValueDisclosure
500000 USD
CY2015Q1 us-gaap Foreign Currency Contracts Liability Fair Value Disclosure
ForeignCurrencyContractsLiabilityFairValueDisclosure
100000 USD
CY2014Q1 us-gaap Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
-300000 USD
CY2015Q1 us-gaap Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
-200000 USD
CY2014Q4 us-gaap Goodwill
Goodwill
544900000 USD
CY2015Q1 us-gaap Goodwill
Goodwill
518900000 USD
CY2015Q1 us-gaap Goodwill Gross
GoodwillGross
734000000 USD
CY2015Q1 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
215100000 USD
CY2015Q1 us-gaap Goodwill Translation Adjustments
GoodwillTranslationAdjustments
-26000000 USD
CY2014Q1 us-gaap Gross Profit
GrossProfit
88500000 USD
CY2015Q1 us-gaap Gross Profit
GrossProfit
80200000 USD
CY2014Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-10700000 USD
CY2015Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-5700000 USD
CY2014Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-10700000 USD
CY2015Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-5700000 USD
CY2014Q1 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
1200000 USD
CY2015Q1 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
1400000 USD
CY2014Q1 us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
-3400000 USD
CY2015Q1 us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
-2100000 USD
CY2014Q1 us-gaap Income Loss From Subsidiaries Net Of Tax
IncomeLossFromSubsidiariesNetOfTax
0 USD
CY2015Q1 us-gaap Income Loss From Subsidiaries Net Of Tax
IncomeLossFromSubsidiariesNetOfTax
0 USD
CY2014Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-2900000 USD
CY2015Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
100000 USD
CY2014Q1 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-3700000 USD
CY2015Q1 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-2000000 USD
CY2014Q1 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
100000 USD
CY2015Q1 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
1400000 USD
CY2014Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-187800000 USD
CY2015Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-157200000 USD
CY2014Q1 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-16500000 USD
CY2015Q1 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-5300000 USD
CY2014Q1 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
42900000 USD
CY2015Q1 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
52800000 USD
CY2014Q1 us-gaap Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
-69900000 USD
CY2015Q1 us-gaap Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
-55500000 USD
CY2014Q1 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
17300000 USD
CY2015Q1 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
5200000 USD
CY2014Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
571400000 USD
CY2015Q1 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
549300000 USD
CY2014Q1 us-gaap Interest Expense
InterestExpense
12400000 USD
CY2015Q1 us-gaap Interest Expense
InterestExpense
11200000 USD
CY2014Q1 us-gaap Interest Income Other
InterestIncomeOther
1100000 USD
CY2015Q1 us-gaap Interest Income Other
InterestIncomeOther
1100000 USD
CY2014Q4 us-gaap Interest Payable Current
InterestPayableCurrent
6500000 USD
CY2015Q1 us-gaap Interest Payable Current
InterestPayableCurrent
14700000 USD
CY2014Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
191200000 USD
CY2015Q1 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
226600000 USD
CY2014Q4 us-gaap Inventory Net
InventoryNet
229900000 USD
CY2015Q1 us-gaap Inventory Net
InventoryNet
273100000 USD
CY2014Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
36700000 USD
CY2015Q1 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
43800000 USD
CY2014Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
2000000 USD
CY2015Q1 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
2700000 USD
CY2014Q4 us-gaap Liabilities
Liabilities
1545400000 USD
CY2015Q1 us-gaap Liabilities
Liabilities
1463400000 USD
CY2014Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2226400000 USD
CY2015Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2046500000 USD
CY2014Q4 us-gaap Liabilities Current
LiabilitiesCurrent
395400000 USD
CY2015Q1 us-gaap Liabilities Current
LiabilitiesCurrent
340100000 USD
CY2014Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
1700000 USD
CY2015Q1 us-gaap Long Term Debt Current
LongTermDebtCurrent
22000000 USD
CY2014Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
799000000 USD
CY2015Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
797700000 USD
CY2014Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-800000 USD
CY2015Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
400000 USD
CY2014Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-6000000 USD
CY2015Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-8600000 USD
CY2014Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
48000000 USD
CY2015Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
49900000 USD
CY2014Q1 us-gaap Net Income Loss
NetIncomeLoss
-7800000 USD
CY2015Q1 us-gaap Net Income Loss
NetIncomeLoss
-5800000 USD
CY2014Q4 us-gaap Notes Payable To Bank Current
NotesPayableToBankCurrent
800000 USD
CY2015Q1 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
0 USD
CY2015Q1 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Reclassification Adjustments And Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsAndTax
-4900000 USD
CY2014Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesBeforeTax
900000 USD
CY2015Q1 us-gaap Notes Payable To Bank Current
NotesPayableToBankCurrent
20600000 USD
CY2015Q1 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
3
CY2014Q1 us-gaap Operating Expenses
OperatingExpenses
89100000 USD
CY2015Q1 us-gaap Operating Expenses
OperatingExpenses
77600000 USD
CY2014Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-600000 USD
CY2015Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
2600000 USD
CY2014Q4 us-gaap Other Assets Current
OtherAssetsCurrent
35800000 USD
CY2015Q1 us-gaap Other Assets Current
OtherAssetsCurrent
39500000 USD
CY2014Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
64100000 USD
CY2015Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
57100000 USD
CY2014Q1 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax
12500000 USD
CY2015Q1 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax
-77800000 USD
CY2014Q1 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Before Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditBeforeTax
100000 USD
CY2015Q1 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Before Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditBeforeTax
100000 USD
CY2015Q1 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-70400000 USD
CY2014Q1 us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
13800000 USD
CY2015Q1 us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
-72800000 USD
CY2014Q1 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Reclassification Adjustments And Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsAndTax
600000 USD
CY2015Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesBeforeTax
5700000 USD
CY2014Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax
-1500000 USD
CY2015Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax
-1100000 USD
CY2014Q1 us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
400000 USD
CY2015Q1 us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
1200000 USD
CY2014Q1 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
1200000 USD
CY2015Q1 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
4600000 USD
CY2014Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
79800000 USD
CY2015Q1 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
55300000 USD
CY2014Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
78300000 USD
CY2015Q1 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
72300000 USD
CY2014Q4 us-gaap Other Long Term Debt Current
OtherLongTermDebtCurrent
800000 USD
CY2015Q1 us-gaap Other Long Term Debt Current
OtherLongTermDebtCurrent
1400000 USD
CY2014Q1 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-300000 USD
CY2014Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
0 USD
CY2015Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
400000 USD
CY2014Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 USD
CY2015Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
14600000 USD
CY2015Q1 us-gaap Payments For Restructuring
PaymentsForRestructuring
2200000 USD
CY2014Q1 us-gaap Payments Of Dividends
PaymentsOfDividends
0 USD
CY2015Q1 us-gaap Payments Of Dividends
PaymentsOfDividends
0 USD
CY2014Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
1400000 USD
CY2015Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
4800000 USD
CY2014Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
235500000 USD
CY2014Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
6800000 USD
CY2015Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
8700000 USD
CY2014Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
100500000 USD
CY2015Q1 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
93000000 USD
CY2014Q1 us-gaap Prior Period Reclassification Adjustment
PriorPeriodReclassificationAdjustment
200000 USD
CY2014Q1 us-gaap Proceeds From Contributions From Affiliates
ProceedsFromContributionsFromAffiliates
0 USD
CY2015Q1 us-gaap Proceeds From Contributions From Affiliates
ProceedsFromContributionsFromAffiliates
0 USD
CY2014Q1 us-gaap Proceeds From Divestiture Of Interest In Consolidated Subsidiaries
ProceedsFromDivestitureOfInterestInConsolidatedSubsidiaries
0 USD
CY2015Q1 us-gaap Proceeds From Divestiture Of Interest In Consolidated Subsidiaries
ProceedsFromDivestitureOfInterestInConsolidatedSubsidiaries
0 USD
CY2014Q1 us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
600000 USD
CY2015Q1 us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
19800000 USD
CY2014Q1 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
800000 USD
CY2015Q1 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
100000 USD
CY2014Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
547700000 USD
CY2015Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
531400000 USD
CY2015Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
223300000 USD
CY2015Q1 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
3600000 USD
CY2014Q1 us-gaap Restructuring Charges
RestructuringCharges
1100000 USD
CY2015Q1 us-gaap Restructuring Charges
RestructuringCharges
-500000 USD
CY2014Q4 us-gaap Restructuring Reserve
RestructuringReserve
8400000 USD
CY2015Q1 us-gaap Restructuring Reserve
RestructuringReserve
5500000 USD
CY2015Q1 us-gaap Restructuring Reserve Settled Without Cash1
RestructuringReserveSettledWithoutCash1
200000 USD
CY2014Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-1053100000 USD
CY2015Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-1058900000 USD
CY2014Q1 us-gaap Sales Revenue Net
SalesRevenueNet
329400000 USD
CY2015Q1 us-gaap Sales Revenue Net
SalesRevenueNet
290000000 USD
CY2014Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
82100000 USD
CY2015Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
72900000 USD
CY2014Q1 us-gaap Share Based Compensation
ShareBasedCompensation
3100000 USD
CY2015Q1 us-gaap Share Based Compensation
ShareBasedCompensation
3000000 USD
CY2015Q1 us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
2100000 shares
CY2014Q4 us-gaap Stockholders Equity
StockholdersEquity
681000000 USD
CY2015Q1 us-gaap Stockholders Equity
StockholdersEquity
583100000 USD
CY2015Q1 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
600000 shares
CY2014Q4 us-gaap Treasury Stock Value
TreasuryStockValue
5900000 USD
CY2015Q1 us-gaap Treasury Stock Value
TreasuryStockValue
10700000 USD
CY2014Q1 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Expense
UnrecognizedTaxBenefitsInterestOnIncomeTaxesExpense
700000 USD
CY2015Q1 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Expense
UnrecognizedTaxBenefitsInterestOnIncomeTaxesExpense
700000 USD
CY2014Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
113800000 shares
CY2015Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
112000000 shares
CY2014Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
113800000 shares
CY2015Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
112000000 shares

Files In Submission

Name View Source Status
0000712034-15-000023-index-headers.html Edgar Link pending
0000712034-15-000023-index.html Edgar Link pending
0000712034-15-000023.txt Edgar Link pending
0000712034-15-000023-xbrl.zip Edgar Link pending
abd-20150331.xml Edgar Link completed
abd-20150331.xsd Edgar Link pending
abd-20150331_cal.xml Edgar Link unprocessable
abd-20150331_def.xml Edgar Link unprocessable
abd-20150331_lab.xml Edgar Link unprocessable
abd-20150331_pre.xml Edgar Link unprocessable
acco-20150331xex311.htm Edgar Link pending
acco-20150331xex312.htm Edgar Link pending
acco-20150331xex321.htm Edgar Link pending
acco-20150331xex322.htm Edgar Link pending
acco-2015q1x10q.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
Financial_Report.xlsx Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending