2013 Form 10-K Financial Statement

#000010956313000029 Filed on August 20, 2013

View on sec.gov

Income Statement

Concept 2013 2012 Q2 2012
Revenue $20.22M $620.0M $18.10M
YoY Change 11.71% 5.1% 2.45%
Cost Of Revenue $1.779B $447.3M $1.721B
YoY Change 3.38% 6.32% 7.58%
Gross Profit $683.0M $172.7M $654.5M
YoY Change 4.35% 2.13% 6.75%
Gross Profit Margin 3378.16% 27.85% 3616.47%
Selling, General & Admin $506.6M $122.9M $486.1M
YoY Change 4.21% -1.29% 5.13%
% of Gross Profit 74.17% 71.16% 74.27%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $12.50M $5.800M $11.24M
YoY Change 11.26% 3.57% 0.02%
% of Gross Profit 1.83% 3.36% 1.72%
Operating Expenses $506.6M $122.9M $486.1M
YoY Change 4.21% -1.29% 5.13%
Operating Profit $176.4M $49.80M $168.4M
YoY Change 4.75% 11.66% 11.7%
Interest Expense $621.0K -$600.0K $457.0K
YoY Change 35.89% -250.0% -78.04%
% of Operating Profit 0.35% -1.2% 0.27%
Other Income/Expense, Net $1.431M -$100.0K -$1.578M
YoY Change -190.68% -141.6%
Pretax Income $153.5M $49.10M $137.7M
YoY Change 11.53% 9.11% 7.92%
Income Tax $59.52M $17.10M $58.05M
% Of Pretax Income 38.76% 34.83% 42.16%
Net Earnings $118.1M $32.00M $108.8M
YoY Change 8.61% 13.07% 12.42%
Net Earnings / Revenue 584.4% 5.16% 601.09%
Basic Earnings Per Share $2.81 $2.58
Diluted Earnings Per Share $2.78 $749.4K $2.54
COMMON SHARES
Basic Shares Outstanding 42.06M shares 42.20M shares 42.14M shares
Diluted Shares Outstanding 42.54M shares 42.82M shares

Balance Sheet

Concept 2013 2012 Q2 2012
SHORT-TERM ASSETS
Cash & Short-Term Investments $73.20M $78.40M $78.40M
YoY Change -6.63% -13.94% -13.94%
Cash & Equivalents $73.20M $78.44M $78.40M
Short-Term Investments
Other Short-Term Assets $52.80M $51.77M $51.80M
YoY Change 1.93% 56.86% 56.97%
Inventory $281.4M $228.5M $228.5M
Prepaid Expenses
Receivables $329.9M $307.0M $307.0M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $737.3M $665.8M $665.8M
YoY Change 10.74% 7.57% 7.58%
LONG-TERM ASSETS
Property, Plant & Equipment $83.20M $83.10M $83.10M
YoY Change 0.12% 20.41% 20.43%
Goodwill $83.08M
YoY Change 7.92%
Intangibles $84.84M
YoY Change -5.26%
Long-Term Investments
YoY Change
Other Assets $40.10M $18.97M $45.40M
YoY Change -11.67% 11.45% -24.96%
Total Long-Term Assets $321.4M $296.4M $296.4M
YoY Change 8.43% 0.14% 0.14%
TOTAL ASSETS
Total Short-Term Assets $737.3M $665.8M $665.8M
Total Long-Term Assets $321.4M $296.4M $296.4M
Total Assets $1.059B $962.2M $962.2M
YoY Change 10.03% 5.16% 5.17%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $136.6M $120.9M $120.9M
YoY Change 12.99% 11.41% 11.43%
Accrued Expenses $63.90M $63.10M $63.10M
YoY Change 1.27% -3.52% -3.52%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $245.9M $230.2M $230.2M
YoY Change 6.82% 7.21% 7.22%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $53.20M $20.13M $59.90M
YoY Change -11.19% 6.24% -10.19%
Total Long-Term Liabilities $53.20M $20.13M $59.90M
YoY Change -11.19% 6.24% -10.19%
TOTAL LIABILITIES
Total Short-Term Liabilities $245.9M $230.2M $230.2M
Total Long-Term Liabilities $53.20M $20.13M $59.90M
Total Liabilities $299.1M $290.1M $290.1M
YoY Change 3.1% 3.09% 3.09%
SHAREHOLDERS EQUITY
Retained Earnings $743.4M
YoY Change 11.21%
Common Stock $160.1M
YoY Change 1.11%
Preferred Stock
YoY Change
Treasury Stock (at cost) $226.7M
YoY Change 14.38%
Treasury Stock Shares 12.25M shares
Shareholders Equity $759.6M $672.1M $672.1M
YoY Change
Total Liabilities & Shareholders Equity $1.059B $962.2M $962.2M
YoY Change 10.03% 5.16% 5.17%

Cashflow Statement

Concept 2013 2012 Q2 2012
OPERATING ACTIVITIES
Net Income $118.1M $32.00M $108.8M
YoY Change 8.61% 13.07% 12.42%
Depreciation, Depletion And Amortization $12.50M $5.800M $11.24M
YoY Change 11.26% 3.57% 0.02%
Cash From Operating Activities $111.4M $28.40M $90.42M
YoY Change 23.2% 121.88% 17.67%
INVESTING ACTIVITIES
Capital Expenditures -$12.20M -$7.700M -$26.00M
YoY Change -53.08% 92.5% 27.45%
Acquisitions $67.59M $14.67M
YoY Change 360.7% -51.9%
Other Investing Activities -$66.60M -$300.0K -$13.40M
YoY Change 397.01% -88.46% -51.27%
Cash From Investing Activities -$78.83M -$8.000M -$39.43M
YoY Change 99.89% 23.08% -17.65%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $53.00K $31.03M
YoY Change -99.83% 409.98%
Debt Paid & Issued, Net $0.00 $0.00
YoY Change -100.0%
Cash From Financing Activities -$38.03M -19.50M -$60.82M
YoY Change -37.48% 353.49% -47.81%
NET CHANGE
Cash From Operating Activities $111.4M 28.40M $90.42M
Cash From Investing Activities -$78.83M -8.000M -$39.43M
Cash From Financing Activities -$38.03M -19.50M -$60.82M
Net Change In Cash -$5.453M 900.0K -$9.828M
YoY Change -44.52% -55.0% -88.78%
FREE CASH FLOW
Cash From Operating Activities $111.4M $28.40M $90.42M
Capital Expenditures -$12.20M -$7.700M -$26.00M
Free Cash Flow $123.6M $36.10M $116.4M
YoY Change 6.16% 114.88% 19.72%

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CY2013 us-gaap Description Of New Accounting Pronouncements Not Yet Adopted
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<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:4px;text-align:left;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;color:#808080;">New Accounting Pronouncement</font></div><div style="line-height:120%;text-align:left;padding-left:18px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">In February 2013, the FASB issued ASU No. 2013-02, Comprehensive Income (ASC Topic 220) - Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive Income. ASU No. 2013-02 requires an entity to report the effect of significant reclassifications out of accumulated other comprehensive income by the respective line items of net income if the amount being reclassified is required under U.S. GAAP to be reclassified in its entirety to net income. For other amounts that are not required under U.S. GAAP to be reclassified in their entirety to net income in the same reporting period, an entity is required to cross-reference other disclosures required under U.S. GAAP that provide additional detail about those amounts. The update is effective for financial statement periods beginning after December 15, 2012 with early adoption permitted. The Company has chosen to early adopt this standard and has updated its 2013 annual report to conform to the requirements of ASU No. 2013-02</font></div></div>
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CY2012 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.54
CY2013 us-gaap Effective Income Tax Rate Reconciliation Repatriation Of Foreign Earnings
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0.000
CY2012 us-gaap Effective Income Tax Rate Reconciliation Repatriation Of Foreign Earnings
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0.000
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CY2011 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
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175000 USD
CY2012 us-gaap Effect Of Lifo Inventory Liquidation On Income
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3400000 USD
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6300000 USD
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CY2011 us-gaap Effective Income Tax Rate Continuing Operations
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CY2012 us-gaap Effective Income Tax Rate Continuing Operations
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0.348
CY2013 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.350
CY2012 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.350
CY2011 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.000
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0.000
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-0.023
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-0.018
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-0.004
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-0.010
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0.018
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0.025
CY2013 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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0.023
CY2011 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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0.028
CY2012Q2 us-gaap Employee Related Liabilities Current
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63149000 USD
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7601000 USD
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P1Y11M
CY2012 us-gaap Employee Service Share Based Compensation Tax Benefit Realized From Exercise Of Stock Options
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2725000 USD
CY2013 us-gaap Employee Service Share Based Compensation Tax Benefit Realized From Exercise Of Stock Options
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1675000 USD
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CY2012 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
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3695000 USD
CY2013 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
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2566000 USD
CY2013Q2 us-gaap Fifo Inventory Amount
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56453000 USD
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12200000 USD
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8400000 USD
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9500000 USD
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10100000 USD
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11200000 USD
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91267000 USD
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ForeignCurrencyTransactionGainLossBeforeTax
541000 USD
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ForeignCurrencyTransactionGainLossBeforeTax
143000 USD
CY2012 us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
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CY2013 us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
1410000 USD
CY2011 us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
0 USD
CY2011 us-gaap Gain Loss On Sale Of Property Plant Equipment
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765000 USD
CY2013 us-gaap Gain Loss On Sale Of Property Plant Equipment
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321000 USD
CY2012 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
627000 USD
CY2012Q2 us-gaap Goodwill
Goodwill
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CY2013Q2 us-gaap Goodwill
Goodwill
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Goodwill
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8403000 USD
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47251000 USD
CY2013 us-gaap Income Taxes Paid
IncomeTaxesPaid
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CY2012 us-gaap Goodwill Translation And Purchase Accounting Adjustments
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CY2012 us-gaap Gross Profit
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IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
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IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
127567000 USD
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IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
24119000 USD
CY2012 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
29159000 USD
CY2011 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
25321000 USD
CY2011 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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152888000 USD
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177665000 USD
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166826000 USD
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IncomeTaxExpenseBenefit
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22748000 USD
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15721000 USD
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36271000 USD
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26745000 USD
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21197000 USD
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28511000 USD
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7857000 USD
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11185000 USD
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14735000 USD
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1294000 USD
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2081000 USD
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457000 USD
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621000 USD
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InterestPaid
501000 USD
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413000 USD
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456000 USD
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InvestmentIncomeInterestAndDividend
466000 USD
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7900000 USD
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CY2013Q2 us-gaap Land
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Land
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CY2013Q2 us-gaap Liabilities
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150000000 USD
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141304000 USD
CY2013 us-gaap Nature Of Operations
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<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:4px;text-align:left;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;color:#808080;">Business</font></div><div style="line-height:120%;text-align:left;padding-left:18px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">Applied Industrial Technologies, Inc. and subsidiaries (the &#8220;Company&#8221; or &#8220;Applied&#8221;) is a leading industrial distributor serving Maintenance Repair &amp; Operations (MRO) and Original Equipment Manufacturer (OEM) customers in virtually every industry. In addition, Applied provides engineering, design and systems integration for industrial and fluid power applications, as well as customized mechanical, fabricated rubber and fluid power shop services. Applied also offers maintenance training and inventory management solutions that provide added value to its customers. Although the Company does not generally manufacture the products it sells, it does assemble and repair certain products and systems.</font></div></div>
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CY2011 us-gaap Net Cash Provided By Used In Financing Activities
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19700000 USD
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0 USD
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9200000 USD
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31200000 USD
CY2013 us-gaap Operating Leases Rent Expense Net
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36300000 USD
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31400000 USD
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19041000 USD
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1967000 USD
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1186000 USD
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3411000 USD
CY2011 us-gaap Other Comprehensive Income Finalization Of Pension And Non Pension Postretirement Plan Valuation Tax
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0 USD
CY2013 us-gaap Other Comprehensive Income Finalization Of Pension And Non Pension Postretirement Plan Valuation Tax
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0 USD
CY2013 us-gaap Other Comprehensive Income Loss Before Tax
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2677000 USD
CY2012 us-gaap Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
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CY2011 us-gaap Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
11261000 USD
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8860000 USD
CY2011 us-gaap Other Comprehensive Income Loss Finalization Of Pension And Non Pension Postretirement Plan Valuation Before Tax
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0 USD
CY2013 us-gaap Other Comprehensive Income Loss Finalization Of Pension And Non Pension Postretirement Plan Valuation Before Tax
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0 USD
CY2012 us-gaap Other Comprehensive Income Loss Finalization Of Pension And Non Pension Postretirement Plan Valuation Net Of Tax
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CY2011 us-gaap Other Comprehensive Income Loss Finalization Of Pension And Non Pension Postretirement Plan Valuation Net Of Tax
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0 USD
CY2013 us-gaap Other Comprehensive Income Loss Finalization Of Pension And Non Pension Postretirement Plan Valuation Net Of Tax
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0 USD
CY2013 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
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CY2012 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
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-14471000 USD
CY2011 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
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10011000 USD
CY2013 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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-1358000 USD
CY2011 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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10275000 USD
CY2012 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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-14471000 USD
CY2011 us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
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CY2013 us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
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0 USD
CY2012 us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
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0 USD
CY2013 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
1148000 USD
CY2011 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
11107000 USD
CY2012 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Before Tax
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0 USD
CY2011 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesBeforeTax
-316000 USD
CY2011 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
200000 USD
CY2013 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
0 USD
CY2012 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
0 USD
CY2011 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax
116000 USD
CY2012 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-9628000 USD
CY2013 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Net Unamortized Gain Loss Arising During Period Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansNetUnamortizedGainLossArisingDuringPeriodBeforeTax
3153000 USD
CY2011 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Net Unamortized Gain Loss Arising During Period Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansNetUnamortizedGainLossArisingDuringPeriodBeforeTax
-930000 USD
CY2012 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Net Unamortized Gain Loss Arising During Period Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansNetUnamortizedGainLossArisingDuringPeriodBeforeTax
-5028000 USD
CY2011 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
-266000 USD
CY2011 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-184000 USD
CY2012 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
3009000 USD
CY2013 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax
0 USD
CY2012 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax
0 USD
CY2011 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
154000 USD
CY2013 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
1529000 USD
CY2012 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
0 USD
CY2013 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
0 USD
CY2013 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
0 USD
CY2012 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
0 USD
CY2011 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
82000 USD
CY2012 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
0 USD
CY2013 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
0 USD
CY2012 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
-220000 USD
CY2013 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
10000 USD
CY2011 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
-84000 USD
CY2012 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-140000 USD
CY2011 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-53000 USD
CY2013 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
6000 USD
CY2013 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
-4000 USD
CY2012 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
80000 USD
CY2011 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
31000 USD
CY2012Q2 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
46130000 USD
CY2013Q2 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
45426000 USD
CY2013Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
22272000 USD
CY2012Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
20133000 USD
CY2012 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-1578000 USD
CY2011 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
3793000 USD
CY2013 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
1431000 USD
CY2011 us-gaap Other Payments To Acquire Businesses
OtherPaymentsToAcquireBusinesses
0 USD
CY2013 us-gaap Other Payments To Acquire Businesses
OtherPaymentsToAcquireBusinesses
3843000 USD
CY2012 us-gaap Other Payments To Acquire Businesses
OtherPaymentsToAcquireBusinesses
0 USD
CY2013 us-gaap Payments For Proceeds From Hedge Financing Activities
PaymentsForProceedsFromHedgeFinancingActivities
0 USD
CY2012 us-gaap Payments For Proceeds From Hedge Financing Activities
PaymentsForProceedsFromHedgeFinancingActivities
0 USD
CY2011 us-gaap Payments For Proceeds From Hedge Financing Activities
PaymentsForProceedsFromHedgeFinancingActivities
12752000 USD
CY2012 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
31032000 USD
CY2011 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
6085000 USD
CY2013 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
53000 USD
CY2012 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
33800000 USD
CY2013 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
37194000 USD
CY2011 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
29751000 USD
CY2012 us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
18493000 USD
CY2011 us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
35072000 USD
CY2013 us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
68623000 USD
CY2011 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
30504000 USD
CY2013 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
67590000 USD
CY2012 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
14671000 USD
CY2013 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
19814000 USD
CY2013 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
12214000 USD
CY2011 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
20431000 USD
CY2012 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
26021000 USD
CY2012Q2 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
39750000 USD
CY2012Q2 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2013Q2 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
30919000 USD
CY2013Q2 us-gaap Preferred Stock No Par Value
PreferredStockNoParValue
0
CY2012Q2 us-gaap Preferred Stock No Par Value
PreferredStockNoParValue
0
CY2012Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
2500000 shares
CY2013Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
2500000 shares
CY2013Q2 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2013 us-gaap Proceeds From Life Insurance Policies
ProceedsFromLifeInsurancePolicies
0 USD
CY2013Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2012Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2012Q2 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2013Q2 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2012 us-gaap Proceeds From Life Insurance Policies
ProceedsFromLifeInsurancePolicies
0 USD
CY2011 us-gaap Proceeds From Life Insurance Policies
ProceedsFromLifeInsurancePolicies
1722000 USD
CY2011Q1 us-gaap Proceeds From Life Insurance Policies
ProceedsFromLifeInsurancePolicies
1722000 USD
CY2013 us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
0 USD
CY2011 us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
-50000000 USD
CY2012 us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
0 USD
CY2011 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
1326000 USD
CY2012 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
1258000 USD
CY2013 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
979000 USD
CY2012 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
321000 USD
CY2011 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
661000 USD
CY2013 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
499000 USD
CY2012Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
231726000 USD
CY2013Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
240749000 USD
CY2012Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
83103000 USD
CY2013Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
83243000 USD
CY2012Q2 us-gaap Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
147004000 USD
CY2013Q2 us-gaap Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
155161000 USD
CY2012 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
3915000 USD
CY2011 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
2029000 USD
CY2013 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
2267000 USD
CY2013 us-gaap Reclassifications
Reclassifications
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:4px;text-align:left;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;color:#808080;">Reclassifications</font></div><div style="line-height:120%;text-align:left;padding-left:18px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">Certain reclassifications have been made to the prior year financial statements to conform to the 2013 presentation.</font></div></div>
CY2013 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
0 USD
CY2012 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
0 USD
CY2011 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
25000000 USD
CY2013Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
824362000 USD
CY2012Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
743360000 USD
CY2013 us-gaap Revenues
Revenues
20217000 USD
CY2012 us-gaap Revenues
Revenues
18097000 USD
CY2011 us-gaap Revenues
Revenues
17665000 USD
CY2012 us-gaap Sales Revenue Net
SalesRevenueNet
2375445000 USD
CY2013 us-gaap Sales Revenue Net
SalesRevenueNet
2462171000 USD
CY2011 us-gaap Sales Revenue Net
SalesRevenueNet
2212849000 USD
CY2013 us-gaap Stock Option Plan Expense
StockOptionPlanExpense
2317000 USD
CY2012Q2 us-gaap Stockholders Equity
StockholdersEquity
672131000 USD
CY2013Q2 us-gaap Stockholders Equity
StockholdersEquity
759615000 USD
CY2011Q2 us-gaap Stockholders Equity
StockholdersEquity
633563000 USD
CY2013 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
506563000 USD
CY2011 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
462347000 USD
CY2012 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
486077000 USD
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1
P4Y
CY2013Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
2000000 shares
CY2013Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
1648000 shares
CY2012 us-gaap Shipping Handling And Transportation Costs
ShippingHandlingAndTransportationCosts
15500000 USD
CY2011 us-gaap Shipping Handling And Transportation Costs
ShippingHandlingAndTransportationCosts
15400000 USD
CY2013 us-gaap Shipping Handling And Transportation Costs
ShippingHandlingAndTransportationCosts
15650000 USD
CY2013 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
-1601000 USD
CY2011 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
221000 USD
CY2013 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
241000 USD
CY2012 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
284000 USD
CY2013 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
911000 USD
CY2012 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
-405000 USD
CY2011 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
597000 USD
CY2011 us-gaap Stock Option Plan Expense
StockOptionPlanExpense
2473000 USD
CY2012 us-gaap Stock Option Plan Expense
StockOptionPlanExpense
2058000 USD
CY2012 us-gaap Stockholders Equity Other
StockholdersEquityOther
46000 USD
CY2010Q2 us-gaap Stockholders Equity
StockholdersEquity
555039000 USD
CY2011 us-gaap Stockholders Equity Other
StockholdersEquityOther
-45000 USD
CY2013 us-gaap Stockholders Equity Other
StockholdersEquityOther
-122000 USD
CY2013Q2 us-gaap Treasury Stock Shares
TreasuryStockShares
12044000 shares
CY2012Q2 us-gaap Treasury Stock Shares
TreasuryStockShares
12246000 shares
CY2012Q2 us-gaap Treasury Stock Value
TreasuryStockValue
226730000 USD
CY2013Q2 us-gaap Treasury Stock Value
TreasuryStockValue
225219000 USD
CY2012 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
31032000 USD
CY2013 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
53000 USD
CY2011 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
6085000 USD
CY2013Q2 us-gaap Undistributed Earnings Of Foreign Subsidiaries
UndistributedEarningsOfForeignSubsidiaries
11000000 USD
CY2012 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
0 USD
CY2011 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-368000 USD
CY2013 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
0 USD
CY2012Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
1539000 USD
CY2011Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
1181000 USD
CY2010Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
1842000 USD
CY2013Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
2655000 USD
CY2012 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
0 USD
CY2011 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
591000 USD
CY2013 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
66000 USD
CY2012Q2 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
430000 USD
CY2013Q2 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
433000 USD
CY2012 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
95000 USD
CY2013 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
-3000 USD
CY2011 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
22000 USD
CY2013 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
957000 USD
CY2011 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
153000 USD
CY2012 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
331000 USD
CY2011 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
273000 USD
CY2012 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
371000 USD
CY2013 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
565000 USD
CY2011Q2 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
659000 USD
CY2013 ait Performance Shares Goal Reaching Period Tied To Companys Ebitda
PerformanceSharesGoalReachingPeriodTiedToCompanysEbitda
P1Y
CY2013Q2 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
2342000 USD
CY2012Q2 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
1221000 USD
ait Actuarial Loss On Remeasurement Of Postemployment Benefits Gross
ActuarialLossOnRemeasurementOfPostemploymentBenefitsGross
492000 USD
ait Actuarial Loss On Remeasurement Of Postemployment Benefits Net Of Tax
ActuarialLossOnRemeasurementOfPostemploymentBenefitsNetOfTax
302000 USD
CY2013 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:4px;text-align:left;font-size:11pt;"><font style="font-family:Arial;font-size:11pt;color:#808080;">Estimates</font></div><div style="line-height:120%;text-align:left;padding-left:18px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America 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 financial statements and the reported amount of revenues and expenses during the period. Actual results may differ from the estimates and assumptions used in preparing the consolidated financial statements.</font></div></div>
CY2013Q2 us-gaap Weighted Average Cost Inventory Amount
WeightedAverageCostInventoryAmount
103483000 USD
CY2012Q2 us-gaap Weighted Average Cost Inventory Amount
WeightedAverageCostInventoryAmount
70797000 USD
CY2011 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
821000 shares
CY2013 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
482000 shares
CY2012 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
684000 shares
CY2012 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
42823000 shares
CY2011 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
43254000 shares
CY2013 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
42542000 shares
CY2012 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
42139000 shares
CY2013 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
42060000 shares
CY2011 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
42433000 shares
CY2013 ait Accounts Payable Acquired
AccountsPayableAcquired
1867000 USD
CY2013 ait Accounts Recievable Acquired
AccountsRecievableAcquired
7514000 USD
CY2012 ait Acquisition Holdback Payable
AcquisitionHoldbackPayable
3738000 USD
CY2011 ait Acquisition Holdback Payable
AcquisitionHoldbackPayable
2792000 USD
CY2013 ait Acquisition Holdback Payable
AcquisitionHoldbackPayable
1015000 USD
CY2012 ait Adjustments To Additional Paid In Capital Amortization Of Other Share Based Compensation
AdjustmentsToAdditionalPaidInCapitalAmortizationOfOtherShareBasedCompensation
4308000 USD
CY2011 ait Adjustments To Additional Paid In Capital Amortization Of Other Share Based Compensation
AdjustmentsToAdditionalPaidInCapitalAmortizationOfOtherShareBasedCompensation
3158000 USD
CY2013 ait Adjustments To Additional Paid In Capital Amortization Of Other Share Based Compensation
AdjustmentsToAdditionalPaidInCapitalAmortizationOfOtherShareBasedCompensation
3444000 USD
CY2011 ait Benefit From Payouts On Corporate Owned Life Insurance Policies
BenefitFromPayoutsOnCorporateOwnedLifeInsurancePolicies
1722000 USD
CY2013 ait Benefit From Payouts On Corporate Owned Life Insurance Policies
BenefitFromPayoutsOnCorporateOwnedLifeInsurancePolicies
0 USD
CY2012 ait Benefit From Payouts On Corporate Owned Life Insurance Policies
BenefitFromPayoutsOnCorporateOwnedLifeInsurancePolicies
0 USD
CY2013 ait Corporate And Other Income Net
CorporateAndOtherIncomeNet
-10065000 USD
CY2012 ait Corporate And Other Income Net
CorporateAndOtherIncomeNet
-1384000 USD
CY2011 ait Corporate And Other Income Net
CorporateAndOtherIncomeNet
-4554000 USD
CY2013Q2 ait Debt Instrument Additional Long Term Financing Under Uncommitted Shelf Facility Agreement Amount
DebtInstrumentAdditionalLongTermFinancingUnderUncommittedShelfFacilityAgreementAmount
125000000 USD
CY2013 ait Debt Instrument Maximum Duration Of Additional Long Term Financing
DebtInstrumentMaximumDurationOfAdditionalLongTermFinancing
P15Y
CY2012Q2 ait Deferred Tax Assets Goodwill And Intangibles
DeferredTaxAssetsGoodwillAndIntangibles
6518000 USD
CY2013Q2 ait Deferred Tax Assets Goodwill And Intangibles
DeferredTaxAssetsGoodwillAndIntangibles
3781000 USD
CY2013 ait Property Acquired
PropertyAcquired
1090000 USD
CY2013 ait Ratio Of Income Before Interest Taxes Depreciation And Amortization To Net Interest Expense
RatioOfIncomeBeforeInterestTaxesDepreciationAndAmortizationToNetInterestExpense
3.00
CY2013 ait Defined Benefit Plan Target Allocation Percentage Of Assets
DefinedBenefitPlanTargetAllocationPercentageOfAssets
1.00
CY2013 ait Defined Contribution Plan Profit Sharing Percentage Of Income Before Income Taxes
DefinedContributionPlanProfitSharingPercentageOfIncomeBeforeIncomeTaxes
0.05
CY2011 ait Defined Contribution Plan Profit Sharing Percentage Of Income Before Income Taxes
DefinedContributionPlanProfitSharingPercentageOfIncomeBeforeIncomeTaxes
0.05
CY2012 ait Defined Contribution Plan Profit Sharing Percentage Of Income Before Income Taxes
DefinedContributionPlanProfitSharingPercentageOfIncomeBeforeIncomeTaxes
0.05
CY2013 ait Definedbenefitplanrecognizednetgainlossduetocurtailmentsnetoftax
Definedbenefitplanrecognizednetgainlossduetocurtailmentsnetoftax
0 USD
CY2011 ait Definedbenefitplanrecognizednetgainlossduetocurtailmentsnetoftax
Definedbenefitplanrecognizednetgainlossduetocurtailmentsnetoftax
0 USD
CY2012 ait Definedbenefitplanrecognizednetgainlossduetocurtailmentsnetoftax
Definedbenefitplanrecognizednetgainlossduetocurtailmentsnetoftax
-1917000 USD
CY2011 ait Definedbenefitplanrecognizednetgainlossduetocurtailmentstax
Definedbenefitplanrecognizednetgainlossduetocurtailmentstax
0 USD
CY2013 ait Definedbenefitplanrecognizednetgainlossduetocurtailmentstax
Definedbenefitplanrecognizednetgainlossduetocurtailmentstax
0 USD
CY2012 ait Definedbenefitplanrecognizednetgainlossduetocurtailmentstax
Definedbenefitplanrecognizednetgainlossduetocurtailmentstax
1200000 USD
CY2013 ait Duration Of Bonds
DurationOfBonds
P20Y
CY2011 ait Goodwilland Intagibles Acquired
GoodwillandIntagiblesAcquired
26655000 USD
CY2012 ait Goodwilland Intagibles Acquired
GoodwillandIntagiblesAcquired
16944000 USD
CY2013 ait Inventory Acquired
InventoryAcquired
23723000 USD
CY2013Q2 ait Inventory Percent From One Thousand Nine Hundred And Seventys Lifo Layers
InventoryPercentFromOneThousandNineHundredAndSeventysLifoLayers
0.31
CY2013Q2 ait Life Insurance Benefits In Force
LifeInsuranceBenefitsInForce
12300000 USD
CY2013 ait Net Assets Acquired
NetAssetsAcquired
68623000 USD
CY2011 ait Net Tangible Assets Acquired
NetTangibleAssetsAcquired
8417000 USD
CY2012 ait Net Tangible Assets Acquired
NetTangibleAssetsAcquired
1549000 USD
CY2013 ait Number Of Lifo Pools Maintained
NumberOfLifoPoolsMaintained
5
ait Other Comprehensive Income Actuarial Loss On Remeasurement Of Postemployment Benefits Tax
OtherComprehensiveIncomeActuarialLossOnRemeasurementOfPostemploymentBenefitsTax
190000 USD
CY2011 ait Other Comprehensive Income Reclassification Of Defined Benefit Plans Net Gains Losses And Prior Service Cost Net Of Tax
OtherComprehensiveIncomeReclassificationOfDefinedBenefitPlansNetGainsLossesAndPriorServiceCostNetOfTax
1364000 USD
CY2013 ait Other Comprehensive Income Reclassification Of Defined Benefit Plans Net Gains Losses And Prior Service Cost Net Of Tax
OtherComprehensiveIncomeReclassificationOfDefinedBenefitPlansNetGainsLossesAndPriorServiceCostNetOfTax
533000 USD
CY2012 ait Other Comprehensive Income Reclassification Of Defined Benefit Plans Net Gains Losses And Prior Service Cost Net Of Tax
OtherComprehensiveIncomeReclassificationOfDefinedBenefitPlansNetGainsLossesAndPriorServiceCostNetOfTax
691000 USD
CY2011 ait Other Comprehensive Income Reclassification Of Defined Benefit Plans Net Gains Losses And Prior Service Cost Tax
OtherComprehensiveIncomeReclassificationOfDefinedBenefitPlansNetGainsLossesAndPriorServiceCostTax
-850000 USD
CY2013 ait Other Comprehensive Income Reclassification Of Defined Benefit Plans Net Gains Losses And Prior Service Cost Tax
OtherComprehensiveIncomeReclassificationOfDefinedBenefitPlansNetGainsLossesAndPriorServiceCostTax
-339000 USD
CY2012 ait Other Comprehensive Income Reclassification Of Defined Benefit Plans Net Gains Losses And Prior Service Cost Tax
OtherComprehensiveIncomeReclassificationOfDefinedBenefitPlansNetGainsLossesAndPriorServiceCostTax
-432000 USD
CY2013 ait Other Current Assets Acquired
OtherCurrentAssetsAcquired
217000 USD
CY2013 ait Other Current Liabilities Acquired
OtherCurrentLiabilitiesAcquired
6192000 USD
CY2011 ait Other Net
OtherNet
-118000 USD
CY2013 ait Other Net
OtherNet
8000 USD
CY2012 ait Other Net
OtherNet
50000 USD
CY2012 ait Other Share Based Compensation
OtherShareBasedCompensation
4308000 USD
CY2013 ait Other Share Based Compensation
OtherShareBasedCompensation
3444000 USD
CY2011 ait Other Share Based Compensation
OtherShareBasedCompensation
3158000 USD
CY2011 ait Othercomprehensiveincomereclassificationofdefinedbenefitplansnetgainslossesandpriorservicecostbeforetax
Othercomprehensiveincomereclassificationofdefinedbenefitplansnetgainslossesandpriorservicecostbeforetax
2214000 USD
CY2012 ait Othercomprehensiveincomereclassificationofdefinedbenefitplansnetgainslossesandpriorservicecostbeforetax
Othercomprehensiveincomereclassificationofdefinedbenefitplansnetgainslossesandpriorservicecostbeforetax
1123000 USD
CY2013 ait Othercomprehensiveincomereclassificationofdefinedbenefitplansnetgainslossesandpriorservicecostbeforetax
Othercomprehensiveincomereclassificationofdefinedbenefitplansnetgainslossesandpriorservicecostbeforetax
872000 USD
CY2013 ait Percentage Of Defined Contribution Plan By Plan Participants
PercentageOfDefinedContributionPlanByPlanParticipants
0.50
CY2013 ait Share Based Compensation Arrangement By Share Based Payment Award Options And Stock Appreciation Rights Vested And Expected To Vest Exercisable Average Contractual Term
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAndStockAppreciationRightsVestedAndExpectedToVestExercisableAverageContractualTerm
P10Y
CY2012 ait Stock Issued During Period Performance Shares
StockIssuedDuringPeriodPerformanceShares
-1950000 USD
CY2013 ait Total Assets Acquired
TotalAssetsAcquired
76682000 USD
CY2013Q2 ait Treasury Shares Restricted As Collateral Under Escrow
TreasurySharesRestrictedAsCollateralUnderEscrow
596000 shares
CY2013Q2 ait Undistributed Earnings Of Foreign Subsidiaries On Which No Provision Has Been Made For Income Taxes
UndistributedEarningsOfForeignSubsidiariesOnWhichNoProvisionHasBeenMadeForIncomeTaxes
103905000 USD
CY2013 ait Unrealized Gain Losses On Assets Held Under Trust For Nonqualified Deferred Compensation Plan
UnrealizedGainLossesOnAssetsHeldUnderTrustForNonqualifiedDeferredCompensationPlan
1280000 USD
CY2012 ait Unrealized Gain Losses On Assets Held Under Trust For Nonqualified Deferred Compensation Plan
UnrealizedGainLossesOnAssetsHeldUnderTrustForNonqualifiedDeferredCompensationPlan
-36000 USD
CY2011 ait Unrealized Gain Losses On Assets Held Under Trust For Nonqualified Deferred Compensation Plan
UnrealizedGainLossesOnAssetsHeldUnderTrustForNonqualifiedDeferredCompensationPlan
2016000 USD
CY2011 ait Unrecognized Tax Benefits Increase Decrease Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreaseDecreaseResultingFromPriorPeriodTaxPositions
50000 USD
CY2012 ait Unrecognized Tax Benefits Increase Decrease Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreaseDecreaseResultingFromPriorPeriodTaxPositions
398000 USD
CY2013 ait Unrecognized Tax Benefits Increase Decrease Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreaseDecreaseResultingFromPriorPeriodTaxPositions
790000 USD
CY2013 dei Amendment Flag
AmendmentFlag
false
CY2013 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--06-30
CY2013 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2013 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2013
CY2013 dei Document Period End Date
DocumentPeriodEndDate
2013-06-30
CY2013 dei Document Type
DocumentType
10-K
CY2013 dei Entity Central Index Key
EntityCentralIndexKey
0000109563
CY2013Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
42207810 shares
CY2013 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2013 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2012Q4 dei Entity Public Float
EntityPublicFloat
1453338000 USD
CY2013 dei Entity Registrant Name
EntityRegistrantName
APPLIED INDUSTRIAL TECHNOLOGIES INC
CY2013 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2013 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
Yes

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