2020 Q4 Form 10-Q Financial Statement

#000160649820000063 Filed on November 03, 2020

View on sec.gov

Income Statement

Concept 2020 Q4 2020 Q3 2019 Q4
Revenue $185.0M $185.7M $189.8M
YoY Change -2.53% 8.34% 11.71%
Cost Of Revenue $96.10M $89.90M $80.10M
YoY Change 19.98% 17.67% 15.25%
Gross Profit $88.90M $95.80M $109.7M
YoY Change -18.96% 0.84% 9.26%
Gross Profit Margin 48.05% 51.59% 57.8%
Selling, General & Admin $82.20M $82.40M $100.5M
YoY Change -18.21% -12.71% 19.5%
% of Gross Profit 92.46% 86.01% 91.61%
Research & Development $9.600M $8.200M $8.400M
YoY Change 14.29% -14.58% -20.75%
% of Gross Profit 10.8% 8.56% 7.66%
Depreciation & Amortization $10.80M $5.800M $11.30M
YoY Change -4.42% 65.71% 25.56%
% of Gross Profit 12.15% 6.05% 10.3%
Operating Expenses $133.7M $90.60M $109.8M
YoY Change 21.77% -12.88% 14.49%
Operating Profit -$44.80M -$100.0K -$100.0K
YoY Change 44700.0% -99.45% -102.22%
Interest Expense -$2.600M $4.300M -$3.300M
YoY Change -21.21% 22.86% 200.0%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income -$47.40M -$4.200M -$6.500M
YoY Change 629.23% -79.31% -30.85%
Income Tax -$200.0K -$23.50M -$400.0K
% Of Pretax Income
Net Earnings -$47.20M $19.30M -$6.100M
YoY Change 673.77% -267.83% 177.27%
Net Earnings / Revenue -25.51% 10.39% -3.21%
Basic Earnings Per Share $0.40
Diluted Earnings Per Share -$987.4K $0.40 -$128.2K
COMMON SHARES
Basic Shares Outstanding 47.83M shares 47.80M shares 47.93M shares
Diluted Shares Outstanding 48.10M shares

Balance Sheet

Concept 2020 Q4 2020 Q3 2019 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $111.5M $180.0M $205.3M
YoY Change -45.69% -16.04% -46.61%
Cash & Equivalents $111.5M $180.0M $205.3M
Short-Term Investments
Other Short-Term Assets $18.90M $21.20M $23.50M
YoY Change -19.57% -29.1% -58.92%
Inventory $168.9M $184.1M $145.9M
Prepaid Expenses
Receivables $108.6M $182.3M $163.8M
Other Receivables $59.30M $0.00 $0.00
Total Short-Term Assets $467.2M $567.6M $538.5M
YoY Change -13.24% 3.86% -24.54%
LONG-TERM ASSETS
Property, Plant & Equipment $175.3M $177.3M $184.5M
YoY Change -4.99% -2.64% 19.73%
Goodwill $802.5M $801.2M $800.9M
YoY Change 0.2% 0.09% 2.21%
Intangibles $157.7M $170.1M $184.3M
YoY Change -14.43% -10.24% 9.57%
Long-Term Investments $0.00
YoY Change
Other Assets $11.80M $14.40M $11.30M
YoY Change 4.42% 12.5% 48.68%
Total Long-Term Assets $1.206B $1.232B $1.261B
YoY Change -4.4% -2.35% 12.62%
TOTAL ASSETS
Total Short-Term Assets $467.2M $567.6M $538.5M
Total Long-Term Assets $1.206B $1.232B $1.261B
Total Assets $1.673B $1.799B $1.800B
YoY Change -7.05% -0.48% -1.84%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $67.60M $75.90M $83.00M
YoY Change -18.55% -19.85% -51.15%
Accrued Expenses $83.20M $87.90M $114.8M
YoY Change -27.53% -19.28% 21.61%
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 $166.3M $179.4M $212.5M
YoY Change -21.74% -17.74% -19.6%
LONG-TERM LIABILITIES
Long-Term Debt $180.0M $248.5M $248.1M
YoY Change -27.45% 0.24% 0.16%
Other Long-Term Liabilities $11.00M $11.40M $11.20M
YoY Change -1.79% -3.39% -43.43%
Total Long-Term Liabilities $11.00M $11.40M $259.3M
YoY Change -95.76% -95.61% -3.07%
TOTAL LIABILITIES
Total Short-Term Liabilities $166.3M $179.4M $212.5M
Total Long-Term Liabilities $11.00M $11.40M $259.3M
Total Liabilities $416.3M $509.2M $534.4M
YoY Change -22.1% -5.84% -0.34%
SHAREHOLDERS EQUITY
Retained Earnings -$315.5M -$268.3M -$288.3M
YoY Change 9.43% -4.93% 18.94%
Common Stock $500.0K $500.0K $500.0K
YoY Change 0.0% 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $9.800M $9.300M $8.900M
YoY Change 10.11% 6.9% 67.92%
Treasury Stock Shares
Shareholders Equity $1.257B $1.290B $1.265B
YoY Change
Total Liabilities & Shareholders Equity $1.673B $1.799B $1.800B
YoY Change -7.05% -0.48% -1.84%

Cashflow Statement

Concept 2020 Q4 2020 Q3 2019 Q4
OPERATING ACTIVITIES
Net Income -$47.20M $19.30M -$6.100M
YoY Change 673.77% -267.83% 177.27%
Depreciation, Depletion And Amortization $10.80M $5.800M $11.30M
YoY Change -4.42% 65.71% 25.56%
Cash From Operating Activities $1.100M $1.100M -$2.900M
YoY Change -137.93% -106.63% -60.81%
INVESTING ACTIVITIES
Capital Expenditures -$5.100M -$3.000M -$8.100M
YoY Change -37.04% -57.75% -54.24%
Acquisitions
YoY Change
Other Investing Activities $0.00 -$4.000M $0.00
YoY Change -92.08% -100.0%
Cash From Investing Activities -$5.100M -$7.000M -$8.100M
YoY Change -37.04% -87.85% -54.49%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -68.30M -2.000M -100.0K
YoY Change 68200.0% -180.0% -93.75%
NET CHANGE
Cash From Operating Activities 1.100M 1.100M -2.900M
Cash From Investing Activities -5.100M -7.000M -8.100M
Cash From Financing Activities -68.30M -2.000M -100.0K
Net Change In Cash -72.30M -7.900M -11.10M
YoY Change 551.35% -88.98% -58.58%
FREE CASH FLOW
Cash From Operating Activities $1.100M $1.100M -$2.900M
Capital Expenditures -$5.100M -$3.000M -$8.100M
Free Cash Flow $6.200M $4.100M $5.200M
YoY Change 19.23% -143.16% -49.51%

Facts In Submission

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us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-500000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-34300000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-7900000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
38500000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
20200000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-400000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-28900000 USD
us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
-8100000 USD
us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
-72100000 USD
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-22700000 USD
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-9600000 USD
us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
-31300000 USD
us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
-1600000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-3600000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-71600000 USD
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
15100000 USD
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
42500000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
4000000.0 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
57500000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-19100000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-100000000.0 USD
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
0 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
5200000 USD
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
200000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
400000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
3400000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
1400000 USD
us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
2700000 USD
us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
0 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-1700000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
1600000 USD
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-900000 USD
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-100000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-25300000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-170100000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
205300000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
384500000 USD
CY2020Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
180000000.0 USD
CY2019Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
214400000 USD
us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-top:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Use of Estimates</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Preparation of our condensed consolidated financial statements in accordance with GAAP requires us to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of net sales and expenses during the reporting periods. Estimates are used in accounting for, among other things, distributor rebate accruals, future cash flows associated with impairment testing for goodwill and long-lived assets, loss contingencies, and deferred tax assets and potential income tax assessments. Our estimates are subject to uncertainties associated with the ongoing COVID-19 pandemic which has caused volatility and adverse effects in global markets. Accordingly, actual results could differ from these estimates, and the effect of the difference could be material to our financial statements. Changes in these estimates are recorded when known.</span></div>
CY2020Q3 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-23400000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-33100000 USD
CY2020Q3 us-gaap Income Tax Receivable
IncomeTaxReceivable
50000000.0 USD
us-gaap Number Of Reporting Units
NumberOfReportingUnits
1 reporting_unit
CY2019Q4 avns Other Inventory Supplies Gross Non Lifo
OtherInventorySuppliesGrossNonLIFO
4500000 USD
CY2020Q3 us-gaap Restructuring Charges
RestructuringCharges
1400000 USD
CY2019Q3 us-gaap Restructuring Charges
RestructuringCharges
13700000 USD
us-gaap Restructuring Charges
RestructuringCharges
1200000 USD
us-gaap Restructuring Charges
RestructuringCharges
21500000 USD
CY2020Q3 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
186500000 USD
CY2019Q4 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
166800000 USD
CY2020Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
182300000 USD
CY2019Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
163800000 USD
CY2020Q3 us-gaap Accounts And Other Receivables Net Current
AccountsAndOtherReceivablesNetCurrent
69700000 USD
CY2019Q4 us-gaap Accounts And Other Receivables Net Current
AccountsAndOtherReceivablesNetCurrent
14300000 USD
CY2020Q3 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
300000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
1200000 USD
CY2020Q3 avns Inventory Raw Materials Gross Lifo
InventoryRawMaterialsGrossLIFO
57300000 USD
CY2020Q3 avns Inventory Raw Materials Gross Non Lifo
InventoryRawMaterialsGrossNonLIFO
3200000 USD
CY2020Q3 us-gaap Inventory Raw Materials
InventoryRawMaterials
60500000 USD
CY2019Q4 avns Inventory Raw Materials Gross Lifo
InventoryRawMaterialsGrossLIFO
46300000 USD
CY2019Q4 avns Inventory Raw Materials Gross Non Lifo
InventoryRawMaterialsGrossNonLIFO
2900000 USD
CY2019Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
49200000 USD
CY2020Q3 avns Inventory Work In Process Gross Lifo
InventoryWorkInProcessGrossLIFO
31600000 USD
CY2020Q3 avns Inventory Work In Process Gross Non Lifo
InventoryWorkInProcessGrossNonLIFO
600000 USD
CY2020Q3 us-gaap Inventory Work In Process
InventoryWorkInProcess
32200000 USD
CY2019Q4 avns Inventory Work In Process Gross Lifo
InventoryWorkInProcessGrossLIFO
30400000 USD
CY2019Q4 avns Inventory Work In Process Gross Non Lifo
InventoryWorkInProcessGrossNonLIFO
500000 USD
CY2019Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
30900000 USD
CY2020Q3 avns Inventory Finished Goods Gross Lifo
InventoryFinishedGoodsGrossLIFO
75000000.0 USD
CY2020Q3 avns Inventory Finished Goods Gross Non Lifo
InventoryFinishedGoodsGrossNonLIFO
18000000.0 USD
CY2020Q3 us-gaap Inventory Finished Goods
InventoryFinishedGoods
93000000.0 USD
CY2019Q4 avns Inventory Finished Goods Gross Lifo
InventoryFinishedGoodsGrossLIFO
49500000 USD
CY2019Q4 avns Inventory Finished Goods Gross Non Lifo
InventoryFinishedGoodsGrossNonLIFO
21700000 USD
CY2019Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
71200000 USD
CY2020Q3 avns Other Inventory Supplies Gross Lifo
OtherInventorySuppliesGrossLIFO
0 USD
CY2020Q3 avns Other Inventory Supplies Gross Non Lifo
OtherInventorySuppliesGrossNonLIFO
5800000 USD
CY2020Q3 us-gaap Other Inventory Supplies
OtherInventorySupplies
5800000 USD
CY2019Q4 avns Other Inventory Supplies Gross Lifo
OtherInventorySuppliesGrossLIFO
0 USD
CY2019Q4 us-gaap Other Inventory Supplies
OtherInventorySupplies
4500000 USD
CY2020Q3 avns Inventory Gross Lifo
InventoryGrossLIFO
163900000 USD
CY2020Q3 avns Inventory Gross Non Lifo
InventoryGrossNonLIFO
27600000 USD
CY2020Q3 us-gaap Inventory Gross
InventoryGross
191500000 USD
CY2019Q4 avns Inventory Gross Lifo
InventoryGrossLIFO
126200000 USD
CY2019Q4 avns Inventory Gross Non Lifo
InventoryGrossNonLIFO
29600000 USD
CY2019Q4 us-gaap Inventory Gross
InventoryGross
155800000 USD
CY2020Q3 us-gaap Inventory Lifo Reserve
InventoryLIFOReserve
7400000 USD
CY2020Q3 us-gaap Inventory Lifo Reserve
InventoryLIFOReserve
7400000 USD
CY2019Q4 us-gaap Inventory Lifo Reserve
InventoryLIFOReserve
9900000 USD
CY2019Q4 us-gaap Inventory Lifo Reserve
InventoryLIFOReserve
9900000 USD
CY2020Q3 avns Inventories Net Lifo
InventoriesNetLIFO
156500000 USD
CY2020Q3 avns Inventory Net Non Lifo
InventoryNetNonLIFO
27600000 USD
CY2020Q3 us-gaap Inventory Net
InventoryNet
184100000 USD
CY2019Q4 avns Inventories Net Lifo
InventoriesNetLIFO
116300000 USD
CY2019Q4 avns Inventory Net Non Lifo
InventoryNetNonLIFO
29600000 USD
CY2019Q4 us-gaap Inventory Net
InventoryNet
145900000 USD
CY2020Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
284400000 USD
CY2019Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
283200000 USD
CY2020Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
107100000 USD
CY2019Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
98700000 USD
CY2020Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
177300000 USD
CY2019Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
184500000 USD
CY2020Q3 us-gaap Depreciation
Depreciation
5800000 USD
us-gaap Depreciation
Depreciation
17500000 USD
CY2019Q3 us-gaap Depreciation
Depreciation
3500000 USD
us-gaap Depreciation
Depreciation
10800000 USD
CY2019Q4 us-gaap Goodwill
Goodwill
800900000 USD
us-gaap Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
500000 USD
us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-200000 USD
CY2020Q3 us-gaap Goodwill
Goodwill
801200000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
433900000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
263800000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
170100000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
433300000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
249000000.0 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
184300000 USD
CY2020Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
4900000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
14600000 USD
CY2019Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
5200000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
14800000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
4900000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
17000000.0 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
15900000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
15300000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
15100000 USD
CY2020Q3 avns Finite Lived Intangible Asset Expected Amortization After Year Four
FiniteLivedIntangibleAssetExpectedAmortizationAfterYearFour
101900000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
170100000 USD
CY2020Q3 avns Accrued Rebates And Customer Incentives
AccruedRebatesAndCustomerIncentives
23300000 USD
CY2019Q4 avns Accrued Rebates And Customer Incentives
AccruedRebatesAndCustomerIncentives
51100000 USD
CY2020Q3 us-gaap Accrued Salaries Current
AccruedSalariesCurrent
35400000 USD
CY2019Q4 us-gaap Accrued Salaries Current
AccruedSalariesCurrent
23600000 USD
CY2019Q4 us-gaap Long Term Debt
LongTermDebt
248100000 USD
CY2020Q3 us-gaap Taxes Payable Current
TaxesPayableCurrent
2000000.0 USD
CY2019Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
3200000 USD
CY2020Q3 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
27200000 USD
CY2019Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
36900000 USD
CY2020Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
87900000 USD
CY2019Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
114800000 USD
CY2020Q3 us-gaap Accrued Income Taxes Noncurrent
AccruedIncomeTaxesNoncurrent
400000 USD
CY2019Q4 us-gaap Accrued Income Taxes Noncurrent
AccruedIncomeTaxesNoncurrent
400000 USD
CY2020Q3 avns Accrued Compensation Benefits
AccruedCompensationBenefits
5600000 USD
CY2019Q4 avns Accrued Compensation Benefits
AccruedCompensationBenefits
5400000 USD
CY2020Q3 us-gaap Other Sundry Liabilities Noncurrent
OtherSundryLiabilitiesNoncurrent
5400000 USD
CY2019Q4 us-gaap Other Sundry Liabilities Noncurrent
OtherSundryLiabilitiesNoncurrent
5400000 USD
CY2020Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
11400000 USD
CY2019Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
11200000 USD
CY2020Q3 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
1300000 USD
CY2019Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
1700000 USD
CY2020Q3 us-gaap Long Term Debt
LongTermDebt
248500000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-5100000 USD
CY2020Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
4900000 USD
CY2019Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-3700000 USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-5200000 USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-1100000 USD
CY2020Q3 us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentBeforeTaxPortionAttributableToParent
100000 USD
CY2019Q3 us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentBeforeTaxPortionAttributableToParent
0 USD
us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentBeforeTaxPortionAttributableToParent
-200000 USD
us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentBeforeTaxPortionAttributableToParent
0 USD
CY2020Q3 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
100000 USD
CY2019Q3 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
0 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
0 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
0 USD
CY2020Q3 us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
0 USD
CY2019Q3 us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
0 USD
us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
-200000 USD
us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
0 USD
CY2020Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Before Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTaxParent
0 USD
CY2019Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Before Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTaxParent
0 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Before Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTaxParent
-100000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Before Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTaxParent
0 USD
CY2020Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTaxParent
0 USD
CY2019Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTaxParent
0 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTaxParent
0 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTaxParent
0 USD
CY2020Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent
0 USD
CY2019Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent
0 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent
-100000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent
0 USD
CY2020Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
4900000 USD
CY2019Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-3700000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-5100000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-1100000 USD
CY2020Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
3400000 USD
CY2019Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2800000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
8900000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
8800000 USD
CY2020Q3 avns Legal Expense And Settlement Accrual
LegalExpenseAndSettlementAccrual
2400000 USD
avns Legal Expense And Settlement Accrual
LegalExpenseAndSettlementAccrual
5800000 USD
CY2019Q3 avns Legal Expense And Settlement Accrual
LegalExpenseAndSettlementAccrual
8000000.0 USD
avns Legal Expense And Settlement Accrual
LegalExpenseAndSettlementAccrual
21400000 USD
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
19300000 USD
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
-11500000 USD
us-gaap Net Income Loss
NetIncomeLoss
20000000.0 USD
us-gaap Net Income Loss
NetIncomeLoss
-39800000 USD
CY2020Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
47800000 shares
CY2019Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
47700000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
47800000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
47600000 shares
CY2020Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
300000 shares
CY2019Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
200000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
CY2020Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
48100000 shares
CY2019Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
47700000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
48000000.0 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
47600000 shares
CY2020Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.40
CY2019Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.24
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.42
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.84
CY2020Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.40
CY2019Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.24
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.42
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.84
CY2020Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1500000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1400000 shares
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1 segment
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 segment
CY2020Q3 avns Number Of Countries In Which Entity Provides Goods
NumberOfCountriesInWhichEntityProvidesGoods
90 country
CY2020Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
185700000 USD
CY2019Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
171400000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
529800000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
507800000 USD

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0001606498-20-000063.txt Edgar Link pending
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avns-20200930.xsd Edgar Link pending
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