$ALSN
Allison Transmission Holdings Inc

2018 Q2 Form 10-Q Financial Statement

#000119312518233153 Filed on July 31, 2018

View on sec.gov

Income Statement

Concept 2018 Q2 2017 Q2
Revenue $711.0M $580.0M
YoY Change 22.59% 22.11%
Cost Of Revenue $337.0M $290.0M
YoY Change 16.21% 16.94%
Gross Profit $374.0M $290.0M
YoY Change 28.97% 27.75%
Gross Profit Margin 52.6% 50.0%
Selling, General & Admin $93.00M $88.00M
YoY Change 5.68% 12.82%
% of Gross Profit 24.87% 30.34%
Research & Development $33.00M $25.00M
YoY Change 32.0% 13.64%
% of Gross Profit 8.82% 8.62%
Depreciation & Amortization $41.00M $43.00M
YoY Change -4.65% -2.27%
% of Gross Profit 10.96% 14.83%
Operating Expenses $126.0M $113.0M
YoY Change 11.5% 13.0%
Operating Profit $248.0M $177.0M
YoY Change 40.11% 39.37%
Interest Expense -$30.00M -$27.00M
YoY Change 11.11% -2.88%
% of Operating Profit -12.1% -15.25%
Other Income/Expense, Net $4.000M -$4.000M
YoY Change -200.0% 1900.0%
Pretax Income $222.0M $146.0M
YoY Change 52.05% 47.47%
Income Tax $48.00M $51.00M
% Of Pretax Income 21.62% 34.93%
Net Earnings $174.0M $95.00M
YoY Change 83.16% 55.74%
Net Earnings / Revenue 24.47% 16.38%
Basic Earnings Per Share $1.30 $0.63
Diluted Earnings Per Share $1.29 $0.63
COMMON SHARES
Basic Shares Outstanding 134.0M shares 151.0M shares
Diluted Shares Outstanding 135.0M shares 152.0M shares

Balance Sheet

Concept 2018 Q2 2017 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $96.00M $85.00M
YoY Change 12.94% -76.67%
Cash & Equivalents $96.00M $85.00M
Short-Term Investments
Other Short-Term Assets $24.00M $21.00M
YoY Change 14.29% -28.33%
Inventory $170.0M $147.0M
Prepaid Expenses
Receivables $328.0M $274.0M
Other Receivables $15.00M $0.00
Total Short-Term Assets $633.0M $527.0M
YoY Change 20.11% -29.18%
LONG-TERM ASSETS
Property, Plant & Equipment $442.0M $453.0M
YoY Change -2.43% -1.54%
Goodwill $1.941B $1.941B
YoY Change 0.0% 0.0%
Intangibles $1.109B $1.197B
YoY Change -7.35% -7.1%
Long-Term Investments
YoY Change
Other Assets $46.00M $24.00M
YoY Change 91.67% -18.37%
Total Long-Term Assets $3.538B $3.615B
YoY Change -2.13% -2.8%
TOTAL ASSETS
Total Short-Term Assets $633.0M $527.0M
Total Long-Term Assets $3.538B $3.615B
Total Assets $4.171B $4.142B
YoY Change 0.7% -7.19%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $210.0M $172.0M
YoY Change 22.09% 24.1%
Accrued Expenses $119.0M $112.0M
YoY Change 6.25% 56.21%
Deferred Revenue $38.00M
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $12.00M
YoY Change -100.0% -51.02%
Total Short-Term Liabilities $442.0M $397.0M
YoY Change 11.34% 16.49%
LONG-TERM LIABILITIES
Long-Term Debt $2.520B $2.348B
YoY Change 7.33% 0.17%
Other Long-Term Liabilities $182.0M $235.0M
YoY Change -22.55% -8.13%
Total Long-Term Liabilities $2.702B $2.583B
YoY Change 4.61% -0.64%
TOTAL LIABILITIES
Total Short-Term Liabilities $442.0M $397.0M
Total Long-Term Liabilities $2.702B $2.583B
Total Liabilities $3.569B $3.446B
YoY Change 3.57% 4.41%
SHAREHOLDERS EQUITY
Retained Earnings -$1.136B -$993.0M
YoY Change 14.4% 107.48%
Common Stock $1.764B $1.745B
YoY Change 1.09% 2.83%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $602.0M $696.0M
YoY Change
Total Liabilities & Shareholders Equity $4.171B $4.142B
YoY Change 0.7% -7.19%

Cashflow Statement

Concept 2018 Q2 2017 Q2
OPERATING ACTIVITIES
Net Income $174.0M $95.00M
YoY Change 83.16% 55.74%
Depreciation, Depletion And Amortization $41.00M $43.00M
YoY Change -4.65% -2.27%
Cash From Operating Activities $213.0M $166.0M
YoY Change 28.31% -2.35%
INVESTING ACTIVITIES
Capital Expenditures -$19.00M -$15.00M
YoY Change 26.67% -7.41%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$19.00M -$15.00M
YoY Change 26.67% -7.41%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -290.0M -187.0M
YoY Change 55.08% 112.02%
NET CHANGE
Cash From Operating Activities 213.0M 166.0M
Cash From Investing Activities -19.00M -15.00M
Cash From Financing Activities -290.0M -187.0M
Net Change In Cash -96.00M -36.00M
YoY Change 166.67% -154.88%
FREE CASH FLOW
Cash From Operating Activities $213.0M $166.0M
Capital Expenditures -$19.00M -$15.00M
Free Cash Flow $232.0M $181.0M
YoY Change 28.18% -2.79%

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dei Document Fiscal Period Focus
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dei Document Fiscal Year Focus
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dei Document Type
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us-gaap Earnings Per Share Diluted
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dei Entity Central Index Key
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us-gaap Nature Of Operations
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<div> <table style="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" border="0" cellpadding="0" cellspacing="0" width="100%"> <tr style="page-break-inside:avoid"> <td width="10%" valign="top" align="left"><b>NOTE&#xA0;A.</b></td> <td align="left" valign="top"><b>OVERVIEW</b></td> </tr> </table> <p style="margin-top:6pt; margin-bottom:0pt; margin-left:2%; font-size:10pt; font-family:Times New Roman"> <b><i>Overview</i></b></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"> Allison Transmission Holdings, Inc. and its subsidiaries (&#x201C;Allison&#x201D; or the &#x201C;Company&#x201D;) design and manufacture commercial and defense fully automatic transmissions. The business was founded in 1915 and has been headquartered in Indianapolis, Indiana since inception. Allison was an operating unit of General Motors Corporation from 1929 until 2007, when Allison once again became a stand-alone company. In March 2012, Allison began trading on the New York Stock Exchange under the symbol, &#x201C;ALSN&#x201D;.</p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"> The Company has approximately 2,700 employees and 13 different transmission product lines. Although approximately 79% of revenues were generated in North America in 2017, the Company has a global presence by serving customers in Europe, Asia, South America and Africa. The Company serves customers through an independent network of approximately 1,400 independent distributor and dealer locations worldwide.</p> </div>
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ALLISON TRANSMISSION HOLDINGS INC
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Files In Submission

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0001193125-18-233153-index-headers.html Edgar Link pending
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0001193125-18-233153.txt Edgar Link pending
0001193125-18-233153-xbrl.zip Edgar Link pending
alsn-20180630.xml Edgar Link completed
alsn-20180630.xsd Edgar Link pending
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