$AIT
APPLIED INDUSTRIAL TECHNOLOGIES INC

2014 Q2 Form 10-Q Financial Statement

#000010956314000016 Filed on May 05, 2014

View on sec.gov

Income Statement

Concept 2014 Q2 2014 Q1 2013 Q2
Revenue $654.6M $5.369M $640.5M
YoY Change 2.2% -8.83% 3.31%
Cost Of Revenue $472.1M $446.8M $459.4M
YoY Change 2.76% -0.1% 2.71%
Gross Profit $182.5M $171.2M $181.1M
YoY Change 0.77% -1.82% 4.86%
Gross Profit Margin 27.88% 3189.05% 28.27%
Selling, General & Admin $137.7M $131.0M $133.1M
YoY Change 3.46% 0.09% 8.3%
% of Gross Profit 75.45% 76.54% 73.5%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $8.400M $3.327M $6.800M
YoY Change 23.53% 4.03% 17.24%
% of Gross Profit 4.6% 1.94% 3.75%
Operating Expenses $137.7M $131.0M $133.0M
YoY Change 3.53% 0.09% 8.22%
Operating Profit $44.80M $40.17M $48.10M
YoY Change -6.86% -7.6% -3.41%
Interest Expense $100.0K $100.0K -$400.0K
YoY Change -125.0% -85.71% -33.33%
% of Operating Profit 0.22% 0.25% -0.83%
Other Income/Expense, Net -$100.0K $388.0K -$100.0K
YoY Change 0.0% -62.22% 0.0%
Pretax Income $44.90M $40.57M $47.50M
YoY Change -5.47% -8.62% -3.26%
Income Tax $15.20M $10.18M $15.30M
% Of Pretax Income 33.85% 25.09% 32.21%
Net Earnings $29.70M $30.39M $32.30M
YoY Change -8.05% 3.73% 0.94%
Net Earnings / Revenue 4.54% 566.1% 5.04%
Basic Earnings Per Share $0.73
Diluted Earnings Per Share $707.1K $0.72 $758.2K
COMMON SHARES
Basic Shares Outstanding 41.77M shares 41.88M shares 42.14M shares
Diluted Shares Outstanding 42.24M shares

Balance Sheet

Concept 2014 Q2 2014 Q1 2013 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $71.20M $69.10M $73.20M
YoY Change -2.73% 60.32% -6.63%
Cash & Equivalents $71.19M $69.09M $73.16M
Short-Term Investments
Other Short-Term Assets $53.48M $41.28M $52.82M
YoY Change 1.25% -2.53% 2.02%
Inventory $335.7M $320.0M $281.4M
Prepaid Expenses
Receivables $375.7M $344.1M $329.9M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $836.1M $774.5M $737.3M
YoY Change 13.41% 10.19% 10.74%
LONG-TERM ASSETS
Property, Plant & Equipment $103.6M $78.83M $83.24M
YoY Change 24.45% -6.54% 0.17%
Goodwill $193.5M $111.2M $106.8M
YoY Change 81.09% 2.91% 28.61%
Intangibles $159.5M $88.37M $91.27M
YoY Change 74.77% -7.19% 7.58%
Long-Term Investments
YoY Change
Other Assets $20.26M $19.95M $19.04M
YoY Change 6.39% 4.87% 0.35%
Total Long-Term Assets $498.0M $322.1M $321.4M
YoY Change 54.94% -3.28% 8.44%
TOTAL ASSETS
Total Short-Term Assets $836.1M $774.5M $737.3M
Total Long-Term Assets $498.0M $322.1M $321.4M
Total Assets $1.334B $1.097B $1.059B
YoY Change 26.02% 5.86% 10.03%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $172.4M $145.4M $136.6M
YoY Change 26.23% 3.19% 12.97%
Accrued Expenses $55.80M $46.80M $63.90M
YoY Change -12.68% -13.33% 1.27%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $30.00M $0.00
YoY Change
Long-Term Debt Due $2.720M
YoY Change
Total Short-Term Liabilities $291.0M $268.2M $245.9M
YoY Change 18.32% 11.39% 6.83%
LONG-TERM LIABILITIES
Long-Term Debt $168.0M $0.00 $0.00
YoY Change
Other Long-Term Liabilities $51.30M $22.16M $22.27M
YoY Change 130.35% -0.38% 10.62%
Total Long-Term Liabilities $219.3M $22.16M $22.27M
YoY Change 884.62% -0.38% 10.62%
TOTAL LIABILITIES
Total Short-Term Liabilities $291.0M $268.2M $245.9M
Total Long-Term Liabilities $219.3M $22.16M $22.27M
Total Liabilities $533.9M $315.6M $299.1M
YoY Change 78.49% 5.91% 3.12%
SHAREHOLDERS EQUITY
Retained Earnings $896.8M $877.5M $824.4M
YoY Change 8.78% 9.45% 10.9%
Common Stock $167.0M $166.5M $163.9M
YoY Change 1.9% 2.35% 2.39%
Preferred Stock
YoY Change
Treasury Stock (at cost) $261.9M $249.1M $225.2M
YoY Change 16.27% 10.55% -0.67%
Treasury Stock Shares 12.65M shares 12.40M shares 12.04M shares
Shareholders Equity $800.3M $781.1M $759.6M
YoY Change
Total Liabilities & Shareholders Equity $1.334B $1.097B $1.059B
YoY Change 26.02% 5.86% 10.03%

Cashflow Statement

Concept 2014 Q2 2014 Q1 2013 Q2
OPERATING ACTIVITIES
Net Income $29.70M $30.39M $32.30M
YoY Change -8.05% 3.73% 0.94%
Depreciation, Depletion And Amortization $8.400M $3.327M $6.800M
YoY Change 23.53% 4.03% 17.24%
Cash From Operating Activities $65.80M $11.60M $42.30M
YoY Change 55.56% -71.14% 48.94%
INVESTING ACTIVITIES
Capital Expenditures -$13.70M -$2.400M -$2.400M
YoY Change 470.83% -20.0% -68.83%
Acquisitions
YoY Change
Other Investing Activities -$166.7M $0.00 $300.0K
YoY Change -55666.67% -100.0% -200.0%
Cash From Investing Activities -$180.5M -$2.300M -$2.100M
YoY Change 8495.24% -45.24% -73.75%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 115.3M -6.000M -9.200M
YoY Change -1353.26% -86.43% -52.82%
NET CHANGE
Cash From Operating Activities 65.80M 11.60M 42.30M
Cash From Investing Activities -180.5M -2.300M -2.100M
Cash From Financing Activities 115.3M -6.000M -9.200M
Net Change In Cash 600.0K 3.300M 31.00M
YoY Change -98.06% -140.24% 3344.44%
FREE CASH FLOW
Cash From Operating Activities $65.80M $11.60M $42.30M
Capital Expenditures -$13.70M -$2.400M -$2.400M
Free Cash Flow $79.50M $14.00M $44.70M
YoY Change 77.85% -67.59% 23.82%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
1718000 USD
us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
2525000 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
737000 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
348000 USD
CY2014Q1 us-gaap Accounts Payable Current
AccountsPayableCurrent
145352000 USD
CY2013Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
136575000 USD
CY2013Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
329880000 USD
CY2014Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
344096000 USD
CY2013Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
157506000 USD
CY2014Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
157454000 USD
CY2014Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-13884000 USD
CY2013Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-3421000 USD
us-gaap Acquired Finite Lived Intangible Assets Weighted Average Useful Life
AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife
P19Y
CY2013Q2 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
153893000 USD
CY2014Q1 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
156495000 USD
CY2014Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
8479000 USD
CY2013Q2 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
7737000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
9716000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
9518000 USD
CY2014Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
306000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
306000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
208000 shares
CY2013Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
180000 shares
CY2014Q1 us-gaap Assets
Assets
1096651000 USD
CY2013Q2 us-gaap Assets
Assets
1058706000 USD
CY2013Q1 us-gaap Assets
Assets
1035937000 USD
CY2014Q1 us-gaap Assets Current
AssetsCurrent
774511000 USD
CY2013Q2 us-gaap Assets Current
AssetsCurrent
737280000 USD
CY2014Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
69086000 USD
CY2013Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
43083000 USD
CY2012Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
78442000 USD
CY2013Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
73164000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-4078000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-35359000 USD
CY2014Q1 us-gaap Cash Cash Equivalents And Short Term Investments
CashCashEquivalentsAndShortTermInvestments
69086000 USD
CY2013Q2 us-gaap Cash Cash Equivalents And Short Term Investments
CashCashEquivalentsAndShortTermInvestments
73164000 USD
CY2013Q1 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.23
us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.65
us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.71
CY2014Q1 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.25
CY2013Q2 us-gaap Common Stock No Par Value
CommonStockNoParValue
0.00
CY2014Q1 us-gaap Common Stock No Par Value
CommonStockNoParValue
0.00
CY2013Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
80000000 shares
CY2014Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
80000000 shares
CY2013Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
54213000 shares
CY2014Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
54213000 shares
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-2103000 USD
CY2014Q1 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
46849000 USD
CY2013Q2 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
63899000 USD
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.96
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
1103000 USD
CY2013Q2 us-gaap Common Stock Value
CommonStockValue
10000000 USD
CY2014Q1 us-gaap Common Stock Value
CommonStockValue
10000000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
72684000 USD
CY2013Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
23997000 USD
CY2014Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
26610000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
89259000 USD
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
1319838000 USD
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
1300862000 USD
CY2013Q1 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
447254000 USD
CY2014Q1 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
446786000 USD
CY2013Q2 us-gaap Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
21026000 USD
CY2014Q1 us-gaap Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
23792000 USD
us-gaap Depreciation
Depreciation
10119000 USD
us-gaap Depreciation
Depreciation
9234000 USD
CY2014Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
3327000 USD
CY2013Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
3198000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
10119000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
9234000 USD
CY2013Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.70
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.04
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.98
CY2014Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.73
CY2013Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.69
CY2014Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.72
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.02
CY2014Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
61688000 USD
CY2013Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
56453000 USD
CY2014Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
12100000 USD
CY2014Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
3200000 USD
CY2014Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
8000000 USD
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
479000 shares
CY2014Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
9000000 USD
CY2014Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
10300000 USD
CY2014Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
11000000 USD
CY2014Q1 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
150056000 USD
CY2013Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
147720000 USD
CY2014Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
88368000 USD
CY2013Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
91267000 USD
us-gaap Finitelived Intangible Assets Acquired1
FinitelivedIntangibleAssetsAcquired1
7410000 USD
CY2014Q1 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-46000 USD
CY2013Q1 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
231000 USD
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
656000 USD
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-953000 USD
us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
-136000 USD
us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
624000 USD
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-37000 USD
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
223000 USD
CY2014Q1 us-gaap Goodwill
Goodwill
111201000 USD
CY2013Q2 us-gaap Goodwill
Goodwill
106849000 USD
us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
5727000 USD
us-gaap Goodwill Translation And Purchase Accounting Adjustments
GoodwillTranslationAndPurchaseAccountingAdjustments
-1375000 USD
us-gaap Gross Profit
GrossProfit
504398000 USD
CY2013Q1 us-gaap Gross Profit
GrossProfit
174400000 USD
us-gaap Gross Profit
GrossProfit
501852000 USD
CY2014Q1 us-gaap Gross Profit
GrossProfit
171220000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
121400000 USD
CY2014Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
40572000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
130130000 USD
CY2013Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
44397000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
38253000 USD
CY2014Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
10178000 USD
CY2013Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
15095000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
44253000 USD
us-gaap Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
39787000 USD
us-gaap Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
60451000 USD
CY2013Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
91267000 USD
CY2014Q1 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
88368000 USD
CY2014Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
11000 USD
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-147000 USD
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
102000 USD
CY2013Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-107000 USD
CY2013Q2 us-gaap Inventory Net
InventoryNet
281417000 USD
CY2014Q1 us-gaap Inventory Net
InventoryNet
320045000 USD
CY2014Q1 us-gaap Liabilities
Liabilities
315579000 USD
CY2013Q2 us-gaap Liabilities
Liabilities
299091000 USD
CY2014Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1096651000 USD
CY2013Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1058706000 USD
CY2014Q1 us-gaap Liabilities Current
LiabilitiesCurrent
268223000 USD
CY2013Q2 us-gaap Liabilities Current
LiabilitiesCurrent
245900000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-23157000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-28828000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-76690000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-23144000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
44326000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
69056000 USD
us-gaap Net Income Loss
NetIncomeLoss
85877000 USD
CY2014Q1 us-gaap Net Income Loss
NetIncomeLoss
30394000 USD
us-gaap Net Income Loss
NetIncomeLoss
83147000 USD
CY2013Q1 us-gaap Net Income Loss
NetIncomeLoss
29302000 USD
CY2014Q1 us-gaap New Accounting Pronouncement Or Change In Accounting Principle Effect Of Change On Net Income
NewAccountingPronouncementOrChangeInAccountingPrincipleEffectOfChangeOnNetIncome
175000 USD
us-gaap New Accounting Pronouncement Or Change In Accounting Principle Effect Of Change On Net Income
NewAccountingPronouncementOrChangeInAccountingPrincipleEffectOfChangeOnNetIncome
1342000 USD
CY2014Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
40173000 USD
us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
162000 USD
CY2013Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
43477000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
119549000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
128364000 USD
CY2014Q1 us-gaap Other Assets Current
OtherAssetsCurrent
41284000 USD
CY2013Q2 us-gaap Other Assets Current
OtherAssetsCurrent
52819000 USD
CY2013Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
19041000 USD
CY2014Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
19945000 USD
CY2014Q1 us-gaap Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
-3731000 USD
us-gaap Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
3660000 USD
us-gaap Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
-10301000 USD
CY2013Q1 us-gaap Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
-5206000 USD
CY2014Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
-3876000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
-10736000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
2941000 USD
CY2013Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
-5466000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-10736000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
2941000 USD
CY2014Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-3876000 USD
CY2013Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-5466000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
0 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
0 USD
CY2014Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
0 USD
CY2013Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
0 USD
CY2013Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-5305000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
3382000 USD
CY2014Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-3784000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-10463000 USD
CY2014Q1 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
53000 USD
CY2013Q1 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
99000 USD
us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
278000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
65000 USD
CY2013Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
42000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
148000 USD
CY2014Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
49000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
42000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
98000 USD
CY2013Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
28000 USD
CY2014Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
33000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
50000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
23000 USD
CY2013Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
14000 USD
CY2014Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
16000 USD
us-gaap Stock Option Plan Expense
StockOptionPlanExpense
1703000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
95000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
498000 USD
ait Unrealized Gain Losses On Assets Held Under Trust For Nonqualified Deferred Compensation Plan
UnrealizedGainLossesOnAssetsHeldUnderTrustForNonqualifiedDeferredCompensationPlan
1355000 USD
CY2013Q2 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
45426000 USD
CY2014Q1 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
46022000 USD
CY2013Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
22272000 USD
CY2014Q1 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
22159000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-31000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
2829000 USD
CY2014Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
388000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
1913000 USD
CY2013Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
1027000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
1749000 USD
us-gaap Other Payments To Acquire Businesses
OtherPaymentsToAcquireBusinesses
3576000 USD
us-gaap Other Payments To Acquire Businesses
OtherPaymentsToAcquireBusinesses
1824000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
23992000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
27468000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
29961000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
67591000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
17000000 USD
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
9836000 USD
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
6492000 USD
CY2014Q1 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
2366000 USD
CY2013Q1 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
2993000 USD
CY2014Q1 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
25197000 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
0.00
CY2014Q1 us-gaap Preferred Stock No Par Value
PreferredStockNoParValue
0.00
CY2014Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
2500000 shares
CY2013Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
2500000 shares
CY2014Q1 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2013Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2014Q1 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2013Q2 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2013Q2 us-gaap Preferred Stock Value
PreferredStockValue
USD
CY2014Q1 us-gaap Preferred Stock Value
PreferredStockValue
USD
us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
30000000 USD
CY2014Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
78834000 USD
CY2013Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
83243000 USD
us-gaap Reclassifications
Reclassifications
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-left:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Reclassifications</font></div><div style="line-height:120%;padding-left:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-left:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Certain reclassifications have been made to the prior year financial statements to conform to the 2014 presentation.</font></div><div style="line-height:120%;padding-left:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></div>
CY2014Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
877547000 USD
CY2013Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
824362000 USD
us-gaap Revenues
Revenues
14618000 USD
CY2014Q1 us-gaap Revenues
Revenues
5369000 USD
us-gaap Revenues
Revenues
16564000 USD
CY2013Q1 us-gaap Revenues
Revenues
5889000 USD
us-gaap Sales Revenue Net
SalesRevenueNet
1805260000 USD
us-gaap Sales Revenue Net
SalesRevenueNet
1821690000 USD
CY2013Q1 us-gaap Sales Revenue Net
SalesRevenueNet
621654000 USD
CY2014Q1 us-gaap Sales Revenue Net
SalesRevenueNet
618006000 USD
CY2013Q2 us-gaap Treasury Stock Value
TreasuryStockValue
225219000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
384849000 USD
CY2014Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
131047000 USD
CY2013Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
130923000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
373488000 USD
CY2013Q2 us-gaap Short Term Borrowings
ShortTermBorrowings
0 USD
CY2014Q1 us-gaap Short Term Borrowings
ShortTermBorrowings
30000000 USD
us-gaap Stock Option Plan Expense
StockOptionPlanExpense
1959000 USD
CY2014Q1 us-gaap Stockholders Equity
StockholdersEquity
781072000 USD
CY2013Q2 us-gaap Stockholders Equity
StockholdersEquity
759615000 USD
CY2013Q2 us-gaap Treasury Stock Shares
TreasuryStockShares
12044000 shares
CY2014Q1 us-gaap Treasury Stock Shares
TreasuryStockShares
12396000 shares
CY2014Q1 us-gaap Treasury Stock Value
TreasuryStockValue
249086000 USD
CY2013Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
472000 shares
CY2014Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
362000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
399000 shares
CY2013Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
42570000 shares
CY2014Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
42242000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
42438000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
42517000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
42038000 shares
CY2013Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
42098000 shares
CY2014Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
41880000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
42039000 shares
CY2014Q1 ait Corporate And Other Income Net
CorporateAndOtherIncomeNet
1165000 USD
ait Corporate And Other Income Net
CorporateAndOtherIncomeNet
13109000 USD
CY2013Q1 ait Corporate And Other Income Net
CorporateAndOtherIncomeNet
2023000 USD
ait Corporate And Other Income Net
CorporateAndOtherIncomeNet
11878000 USD
ait Other Comprehensive Income Reclassification Of Defined Benefit Plans Net Gains Losses And Prior Service Cost Net Of Tax
OtherComprehensiveIncomeReclassificationOfDefinedBenefitPlansNetGainsLossesAndPriorServiceCostNetOfTax
399000 USD
ait Other Comprehensive Income Reclassification Of Defined Benefit Plans Net Gains Losses And Prior Service Cost Net Of Tax
OtherComprehensiveIncomeReclassificationOfDefinedBenefitPlansNetGainsLossesAndPriorServiceCostNetOfTax
175000 USD
CY2013Q1 ait Other Comprehensive Income Reclassification Of Defined Benefit Plans Net Gains Losses And Prior Service Cost Net Of Tax
OtherComprehensiveIncomeReclassificationOfDefinedBenefitPlansNetGainsLossesAndPriorServiceCostNetOfTax
133000 USD
CY2014Q1 ait Other Comprehensive Income Reclassification Of Defined Benefit Plans Net Gains Losses And Prior Service Cost Net Of Tax
OtherComprehensiveIncomeReclassificationOfDefinedBenefitPlansNetGainsLossesAndPriorServiceCostNetOfTax
59000 USD
ait Other Comprehensive Income Reclassification Of Defined Benefit Plans Net Gains Losses And Prior Service Cost Tax
OtherComprehensiveIncomeReclassificationOfDefinedBenefitPlansNetGainsLossesAndPriorServiceCostTax
-112000 USD
ait Other Comprehensive Income Reclassification Of Defined Benefit Plans Net Gains Losses And Prior Service Cost Tax
OtherComprehensiveIncomeReclassificationOfDefinedBenefitPlansNetGainsLossesAndPriorServiceCostTax
-255000 USD
CY2013Q1 ait Other Comprehensive Income Reclassification Of Defined Benefit Plans Net Gains Losses And Prior Service Cost Tax
OtherComprehensiveIncomeReclassificationOfDefinedBenefitPlansNetGainsLossesAndPriorServiceCostTax
-85000 USD
CY2014Q1 ait Other Comprehensive Income Reclassification Of Defined Benefit Plans Net Gains Losses And Prior Service Cost Tax
OtherComprehensiveIncomeReclassificationOfDefinedBenefitPlansNetGainsLossesAndPriorServiceCostTax
-37000 USD
CY2013Q1 ait Other Net
OtherNet
194000 USD
ait Other Net
OtherNet
74000 USD
ait Other Net
OtherNet
5000 USD
CY2014Q1 ait Other Net
OtherNet
149000 USD
ait Other Share Based Compensation Expense
OtherShareBasedCompensationExpense
2873000 USD
ait Other Share Based Compensation Expense
OtherShareBasedCompensationExpense
2946000 USD
ait Othercomprehensiveincomereclassificationofdefinedbenefitplansnetgainslossesandpriorservicecostbeforetax
Othercomprehensiveincomereclassificationofdefinedbenefitplansnetgainslossesandpriorservicecostbeforetax
287000 USD
ait Othercomprehensiveincomereclassificationofdefinedbenefitplansnetgainslossesandpriorservicecostbeforetax
Othercomprehensiveincomereclassificationofdefinedbenefitplansnetgainslossesandpriorservicecostbeforetax
654000 USD
CY2014Q1 ait Othercomprehensiveincomereclassificationofdefinedbenefitplansnetgainslossesandpriorservicecostbeforetax
Othercomprehensiveincomereclassificationofdefinedbenefitplansnetgainslossesandpriorservicecostbeforetax
96000 USD
CY2013Q1 ait Othercomprehensiveincomereclassificationofdefinedbenefitplansnetgainslossesandpriorservicecostbeforetax
Othercomprehensiveincomereclassificationofdefinedbenefitplansnetgainslossesandpriorservicecostbeforetax
218000 USD
CY2013Q1 ait Unrealized Gain Losses On Assets Held Under Trust For Nonqualified Deferred Compensation Plan
UnrealizedGainLossesOnAssetsHeldUnderTrustForNonqualifiedDeferredCompensationPlan
602000 USD
CY2014Q1 ait Unrealized Gain Losses On Assets Held Under Trust For Nonqualified Deferred Compensation Plan
UnrealizedGainLossesOnAssetsHeldUnderTrustForNonqualifiedDeferredCompensationPlan
110000 USD
ait Unrealized Gain Losses On Assets Held Under Trust For Nonqualified Deferred Compensation Plan
UnrealizedGainLossesOnAssetsHeldUnderTrustForNonqualifiedDeferredCompensationPlan
1183000 USD
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--06-30
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2014
dei Document Period End Date
DocumentPeriodEndDate
2014-03-31
dei Document Type
DocumentType
10-Q
dei Entity Central Index Key
EntityCentralIndexKey
0000109563
CY2014Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
41771644 shares
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Entity Registrant Name
EntityRegistrantName
APPLIED INDUSTRIAL TECHNOLOGIES INC

Files In Submission

Name View Source Status
0000109563-14-000016-index-headers.html Edgar Link pending
0000109563-14-000016-index.html Edgar Link pending
0000109563-14-000016.txt Edgar Link pending
0000109563-14-000016-xbrl.zip Edgar Link pending
a10q33114exhibit101.htm Edgar Link pending
a10q33114exhibit15.htm Edgar Link pending
a10q33114exhibit18.htm Edgar Link pending
a10q33114exhibit31.htm Edgar Link pending
a10q33114exhibit32.htm Edgar Link pending
ait-20140331.xml Edgar Link completed
ait-20140331.xsd Edgar Link pending
ait-20140331_cal.xml Edgar Link unprocessable
ait-20140331_def.xml Edgar Link unprocessable
ait-20140331_lab.xml Edgar Link unprocessable
ait-20140331_pre.xml Edgar Link unprocessable
ait3311410q.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
R5.htm Edgar Link pending
R6.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