2022 Q2 Form 10-Q Financial Statement

#000002107622000017 Filed on May 02, 2022

View on sec.gov

Income Statement

Concept 2022 Q2 2022 Q1 2021 Q2
Revenue $1.801B $1.809B $1.802B
YoY Change -0.06% 1.57% -9.13%
Cost Of Revenue $1.133B $1.160B $1.134B
YoY Change -0.09% 15.19% 7.59%
Gross Profit $668.0M $649.0M $668.0M
YoY Change 0.0% -16.15% -28.09%
Gross Profit Margin 37.09% 35.88% 37.07%
Selling, General & Admin $451.0M $233.0M $484.0M
YoY Change -6.82% -1.69% -1.83%
% of Gross Profit 67.51% 35.9% 72.46%
Research & Development $34.00M $31.00M $45.00M
YoY Change -24.44% -3.13% 7.14%
% of Gross Profit 5.09% 4.78% 6.74%
Depreciation & Amortization $57.00M $57.00M $54.00M
YoY Change 5.56% 7.55% 14.89%
% of Gross Profit 8.53% 8.78% 8.08%
Operating Expenses $502.0M $264.0M $542.0M
YoY Change -7.38% -1.86% 6.48%
Operating Profit $166.0M $385.0M $126.0M
YoY Change 31.75% -23.76% -70.0%
Interest Expense -$37.00M $21.00M -$25.00M
YoY Change 48.0% -16.0% 0.0%
% of Operating Profit -22.29% 5.45% -19.84%
Other Income/Expense, Net
YoY Change
Pretax Income $129.0M $200.0M $101.0M
YoY Change 27.72% -438.98% -74.43%
Income Tax $25.00M $48.00M $1.000M
% Of Pretax Income 19.38% 24.0% 0.99%
Net Earnings $101.0M $150.0M $97.00M
YoY Change 4.12% -345.9% -68.71%
Net Earnings / Revenue 5.61% 8.29% 5.38%
Basic Earnings Per Share $1.22 $0.79
Diluted Earnings Per Share $815.9K $1.21 $0.78
COMMON SHARES
Basic Shares Outstanding 123.1M shares 123.2M shares 124.4M shares
Diluted Shares Outstanding 123.9M shares

Balance Sheet

Concept 2022 Q2 2022 Q1 2021 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $183.0M $241.0M $319.0M
YoY Change -42.63% -51.02% -63.38%
Cash & Equivalents $183.0M $241.0M $319.0M
Short-Term Investments
Other Short-Term Assets $106.0M $165.0M $154.0M
YoY Change -31.17% 18.71% 227.66%
Inventory $755.0M $803.0M $752.0M
Prepaid Expenses
Receivables $681.0M $660.0M $604.0M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $1.725B $1.869B $1.829B
YoY Change -5.69% -4.74% -9.46%
LONG-TERM ASSETS
Property, Plant & Equipment $1.334B $1.312B $1.302B
YoY Change 2.46% 4.88% 18.04%
Goodwill $1.558B $1.572B $1.575B
YoY Change -1.08% -0.13% -0.13%
Intangibles $884.0M $918.0M
YoY Change -3.7% 2.68%
Long-Term Investments $52.00M $55.00M
YoY Change -5.45% -11.29%
Other Assets $315.0M $364.0M $378.0M
YoY Change -16.67% -5.7% 15.24%
Total Long-Term Assets $4.433B $4.453B $4.505B
YoY Change -1.6% -0.58% 7.44%
TOTAL ASSETS
Total Short-Term Assets $1.725B $1.869B $1.829B
Total Long-Term Assets $4.433B $4.453B $4.505B
Total Assets $6.158B $6.322B $6.334B
YoY Change -2.78% -1.85% 1.95%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $960.0M $1.575B $930.0M
YoY Change 3.23% 9.0% 61.74%
Accrued Expenses $78.00M $73.00M $81.00M
YoY Change -3.7% -1.35% 26.56%
Deferred Revenue
YoY Change
Short-Term Debt $237.0M $395.0M $0.00
YoY Change
Long-Term Debt Due $0.00 $600.0M $300.0M
YoY Change -100.0% 100.0%
Total Short-Term Liabilities $1.784B $2.643B $2.056B
YoY Change -13.23% 45.3% 44.99%
LONG-TERM LIABILITIES
Long-Term Debt $2.474B $1.887B $2.484B
YoY Change -0.4% -24.0% -10.65%
Other Long-Term Liabilities $791.0M $843.0M $834.0M
YoY Change -5.16% 2.93% 8.74%
Total Long-Term Liabilities $3.265B $2.730B $3.318B
YoY Change -1.6% -17.32% -6.46%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.784B $2.643B $2.056B
Total Long-Term Liabilities $3.265B $2.730B $3.318B
Total Liabilities $5.429B $5.746B $5.742B
YoY Change -5.45% 4.42% 8.24%
SHAREHOLDERS EQUITY
Retained Earnings $1.048B $951.0M $1.036B
YoY Change 1.16% -12.43% -70.96%
Common Stock $1.333B $1.326B $1.317B
YoY Change 1.21% 0.38% 1.62%
Preferred Stock
YoY Change
Treasury Stock (at cost) $1.346B $1.358B $1.396B
YoY Change -3.58% 22.23% -57.89%
Treasury Stock Shares 7.670M shares 7.961M shares
Shareholders Equity $556.0M $400.0M $411.0M
YoY Change
Total Liabilities & Shareholders Equity $6.158B $6.322B $6.334B
YoY Change -2.78% -1.85% 1.95%

Cashflow Statement

Concept 2022 Q2 2022 Q1 2021 Q2
OPERATING ACTIVITIES
Net Income $101.0M $150.0M $97.00M
YoY Change 4.12% -345.9% -68.71%
Depreciation, Depletion And Amortization $57.00M $57.00M $54.00M
YoY Change 5.56% 7.55% 14.89%
Cash From Operating Activities $335.0M $229.0M $383.0M
YoY Change -12.53% -13.26% -48.24%
INVESTING ACTIVITIES
Capital Expenditures -$79.00M -$63.00M -$99.00M
YoY Change -20.2% -22.22% 3.13%
Acquisitions
YoY Change
Other Investing Activities $17.00M $8.000M -$12.00M
YoY Change -241.67% -500.0% 9.09%
Cash From Investing Activities -$62.00M -$55.00M -$111.0M
YoY Change -44.14% -33.73% 3.74%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -326.0M -128.0M -447.0M
YoY Change -27.07% -69.52% 70.61%
NET CHANGE
Cash From Operating Activities 335.0M 229.0M 383.0M
Cash From Investing Activities -62.00M -55.00M -111.0M
Cash From Financing Activities -326.0M -128.0M -447.0M
Net Change In Cash -53.00M 46.00M -175.0M
YoY Change -69.71% -119.25% -147.17%
FREE CASH FLOW
Cash From Operating Activities $335.0M $229.0M $383.0M
Capital Expenditures -$79.00M -$63.00M -$99.00M
Free Cash Flow $414.0M $292.0M $482.0M
YoY Change -14.11% -15.36% -42.34%

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AccrualForEnvironmentalLossContingencies
28000000 USD
CY2022Q1 us-gaap Accrual For Environmental Loss Contingencies
AccrualForEnvironmentalLossContingencies
28000000 USD
CY2022Q1 clx Letter Of Credit Borrowing Capacity
LetterOfCreditBorrowingCapacity
14000000 USD
CY2022Q1 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
0 USD
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
4 reportableSegment
CY2022Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1809000000 USD
CY2021Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1781000000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
5306000000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
5539000000 USD
CY2022Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
200000000 USD
CY2021Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-59000000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
478000000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
799000000 USD
CY2021Q1 us-gaap Asset Impairment Charges
AssetImpairmentCharges
329000000 USD
us-gaap Asset Impairment Charges
AssetImpairmentCharges
329000000 USD

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0000021076-22-000017.txt Edgar Link pending
0000021076-22-000017-xbrl.zip Edgar Link pending
clx-20220331.htm Edgar Link pending
clx-20220331.xsd Edgar Link pending
clx-20220331_cal.xml Edgar Link unprocessable
clx-20220331_def.xml Edgar Link unprocessable
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clx-20220331_htm.xml Edgar Link completed
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