2024 Q2 Form 10-Q Financial Statement

#000002990524000020 Filed on April 25, 2024

View on sec.gov

Income Statement

Concept 2024 Q2 2024 Q1 2023 Q1
Revenue $2.178B $2.094B $2.079B
YoY Change 3.72% 0.72% 1.32%
Cost Of Revenue $1.357B $1.337B $1.332B
YoY Change 1.58% 0.35% 1.78%
Gross Profit $821.6M $757.3M $747.0M
YoY Change 7.46% 1.37% 0.51%
Gross Profit Margin 37.72% 36.16% 35.93%
Selling, General & Admin $452.2M $463.1M $432.4M
YoY Change 6.74% 7.1% -2.58%
% of Gross Profit 55.04% 61.16% 57.89%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $40.12M $84.71M $77.90M
YoY Change -49.08% 8.75% -1.4%
% of Gross Profit 4.88% 11.19% 10.43%
Operating Expenses $452.2M $463.1M $432.4M
YoY Change 6.74% 7.1% -2.58%
Operating Profit $369.4M $294.1M $314.6M
YoY Change 8.35% -6.51% 5.1%
Interest Expense -$28.29M $36.37M $34.21M
YoY Change -9.17% 6.29% 28.86%
% of Operating Profit -7.66% 12.36% 10.88%
Other Income/Expense, Net $12.87M $6.416M $3.808M
YoY Change 92.75% 68.49% 78.86%
Pretax Income $353.3M $798.9M $286.3M
YoY Change 17.75% 179.05% 3.84%
Income Tax $71.47M $166.7M $57.72M
% Of Pretax Income 20.23% 20.86% 20.16%
Net Earnings $281.8M $632.2M $228.6M
YoY Change 16.34% 176.59% 1.07%
Net Earnings / Revenue 12.94% 30.19% 10.99%
Basic Earnings Per Share $2.05 $4.55 $1.64
Diluted Earnings Per Share $2.04 $4.52 $1.63
COMMON SHARES
Basic Shares Outstanding 137.4M shares 139.9M shares 139.7M shares
Diluted Shares Outstanding 138.4M shares 139.9M shares 140.6M shares

Balance Sheet

Concept 2024 Q2 2024 Q1 2023 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $328.8M $930.0M $272.4M
YoY Change 15.04% 241.36% -6.05%
Cash & Equivalents $328.8M $930.0M $272.4M
Short-Term Investments
Other Short-Term Assets $121.2M $189.8M $157.9M
YoY Change -22.32% 20.25% -0.79%
Inventory $1.239B $1.246B $1.405B
Prepaid Expenses
Receivables $1.560B $1.519B $1.461B
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $3.266B $3.910B $3.316B
YoY Change -4.35% 17.92% 2.58%
LONG-TERM ASSETS
Property, Plant & Equipment $1.025B $1.024B $1.012B
YoY Change 0.91% 1.25% 5.37%
Goodwill $4.951B $4.960B $4.681B
YoY Change 5.37% 5.96% 3.42%
Intangibles $1.482B $1.525B $1.302B
YoY Change 16.3% 17.18% -0.76%
Long-Term Investments
YoY Change
Other Assets $567.5M $567.9M $494.7M
YoY Change 13.98% 14.8% 5.11%
Total Long-Term Assets $8.026B $8.077B $7.489B
YoY Change 7.2% 7.86% 3.03%
TOTAL ASSETS
Total Short-Term Assets $3.266B $3.910B $3.316B
Total Long-Term Assets $8.026B $8.077B $7.489B
Total Assets $11.29B $11.99B $10.80B
YoY Change 3.58% 10.94% 2.89%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $974.3M $969.8M $1.039B
YoY Change -5.31% -6.68% -8.57%
Accrued Expenses $646.8M $613.8M $606.7M
YoY Change 0.66% 1.17% -4.24%
Deferred Revenue $230.4M $242.1M $285.2M
YoY Change -11.78% -15.13% 16.28%
Short-Term Debt $210.5M $969.0M $514.6M
YoY Change -52.83% 88.31% 353.44%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $2.134B $2.984B $2.508B
YoY Change -11.96% 18.97% 11.64%
LONG-TERM LIABILITIES
Long-Term Debt $2.961B $2.973B $2.961B
YoY Change -0.53% 0.41% -0.69%
Other Long-Term Liabilities $492.1M $499.0M $471.1M
YoY Change -1.24% 5.93% -10.26%
Total Long-Term Liabilities $3.453B $3.473B $3.432B
YoY Change -0.63% 1.17% -2.12%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.134B $2.984B $2.508B
Total Long-Term Liabilities $3.453B $3.473B $3.432B
Total Liabilities $5.587B $6.457B $5.941B
YoY Change -10.45% 8.69% 3.25%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $5.364B $5.153B $4.461B
YoY Change
Total Liabilities & Shareholders Equity $11.29B $11.99B $10.80B
YoY Change 3.58% 10.94% 2.89%

Cashflow Statement

Concept 2024 Q2 2024 Q1 2023 Q1
OPERATING ACTIVITIES
Net Income $281.8M $632.2M $228.6M
YoY Change 16.34% 176.59% 1.07%
Depreciation, Depletion And Amortization $40.12M $84.71M $77.90M
YoY Change -49.08% 8.75% -1.4%
Cash From Operating Activities $203.7M $166.6M $241.3M
YoY Change 4.31% -30.96% 918.81%
INVESTING ACTIVITIES
Capital Expenditures $40.87M $44.48M $48.38M
YoY Change 1.98% -8.06% -3.98%
Acquisitions
YoY Change
Other Investing Activities $69.04M -$7.471M -$2.812M
YoY Change -3006.82% 165.68% 1066.8%
Cash From Investing Activities $28.17M $429.9M -$43.56M
YoY Change -166.34% -1086.89% -7.25%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -830.7M -$80.78M -$306.6M
YoY Change 502.26% -73.65% 307.64%
NET CHANGE
Cash From Operating Activities 203.7M $166.6M $241.3M
Cash From Investing Activities 28.17M $429.9M -$43.56M
Cash From Financing Activities -830.7M -$80.78M -$306.6M
Net Change In Cash -598.8M $514.1M -$108.4M
YoY Change -4125.48% -574.07% 13.53%
FREE CASH FLOW
Cash From Operating Activities $203.7M $166.6M $241.3M
Capital Expenditures $40.87M $44.48M $48.38M
Free Cash Flow $162.8M $122.1M $192.9M
YoY Change 4.91% -36.7% -822.56%

Facts In Submission

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IncreaseDecreaseInAccountsReceivable
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CY2024Q1 us-gaap Increase Decrease In Inventories
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CY2023Q1 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
29213000 usd
CY2024Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
27229000 usd
CY2023Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
30944000 usd
CY2024Q1 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
26440000 usd
CY2023Q1 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-30271000 usd
CY2024Q1 us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
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CY2023Q1 us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
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CY2024Q1 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
20295000 usd
CY2023Q1 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
16553000 usd
CY2024Q1 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
133755000 usd
CY2023Q1 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
24081000 usd
CY2024Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
166593000 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
241284000 usd
CY2024Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
44475000 usd
CY2023Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
48375000 usd
CY2024Q1 us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
144872000 usd
CY2023Q1 us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
0 usd
CY2024Q1 us-gaap Proceeds From Divestiture Of Businesses
ProceedsFromDivestitureOfBusinesses
611727000 usd
CY2023Q1 us-gaap Proceeds From Divestiture Of Businesses
ProceedsFromDivestitureOfBusinesses
0 usd
CY2024Q1 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
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CY2023Q1 us-gaap Payments For Proceeds From Other Investing Activities
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CY2024Q1 us-gaap Net Cash Provided By Used In Investing Activities
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429851000 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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CY2024Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
500000000 usd
CY2023Q1 us-gaap Payments For Repurchase Of Common Stock
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CY2024Q1 us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
500690000 usd
CY2023Q1 us-gaap Proceeds From Repayments Of Short Term Debt
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CY2024Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
71437000 usd
CY2023Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
70773000 usd
CY2024Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
8909000 usd
CY2023Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
12987000 usd
CY2024Q1 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
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CY2023Q1 us-gaap Proceeds From Payments For Other Financing Activities
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CY2024Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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CY2023Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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CY2024Q1 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
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CY2023Q1 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
395000 usd
CY2024Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
514093000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
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CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
415861000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
380868000 usd
CY2024Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
929954000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
272426000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Disposal Group Including Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsDisposalGroupIncludingDiscontinuedOperations
17300000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Disposal Group Including Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsDisposalGroupIncludingDiscontinuedOperations
0 usd
CY2024Q1 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
197329000 usd
CY2024Q1 us-gaap Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
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CY2024Q1 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
25024000 usd
CY2023Q4 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
19561000 usd
CY2022Q4 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
11074000 usd
CY2024Q1 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
242058000 usd
CY2023Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
211292000 usd
CY2022Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
256933000 usd
CY2024Q1 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
27845000 usd
CY2023Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
19544000 usd
CY2022Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
19879000 usd
CY2024Q1 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
112211000 usd
CY2023Q1 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
131563000 usd
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1619751000 usd
CY2024Q1 us-gaap Property Plant And Equipment Net
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CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
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CY2023Q1 dov Number Of Dispositions
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CY2024Q1 us-gaap Inventory Raw Materials
InventoryRawMaterials
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CY2023Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
696220000 usd
CY2024Q1 us-gaap Inventory Work In Process
InventoryWorkInProcess
242424000 usd
CY2023Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
223655000 usd
CY2024Q1 us-gaap Inventory Finished Goods
InventoryFinishedGoods
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CY2023Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
425561000 usd
CY2024Q1 us-gaap Inventory Gross
InventoryGross
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CY2023Q4 us-gaap Inventory Gross
InventoryGross
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CY2024Q1 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
126120000 usd
CY2023Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
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CY2024Q1 us-gaap Inventory Net
InventoryNet
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CY2023Q4 us-gaap Inventory Net
InventoryNet
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CY2024Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
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CY2023Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
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CY2024Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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CY2024Q1 us-gaap Depreciation
Depreciation
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CY2023Q1 us-gaap Depreciation
Depreciation
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CY2023Q4 us-gaap Allowance For Doubtful Accounts Receivable
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CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
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CY2023Q1 us-gaap Provision For Doubtful Accounts
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CY2024Q1 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
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CY2023Q1 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
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CY2024Q1 dov Accounts Receivable Other Including Dispositions And Foreign Currency
AccountsReceivableOtherIncludingDispositionsAndForeignCurrency
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CY2023Q1 dov Accounts Receivable Other Including Dispositions And Foreign Currency
AccountsReceivableOtherIncludingDispositionsAndForeignCurrency
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CY2024Q1 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
33482000 usd
CY2023Q1 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
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CY2023Q4 us-gaap Goodwill
Goodwill
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CY2024Q1 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
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CY2024Q1 us-gaap Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
598000 usd
CY2024Q1 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
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CY2024Q1 us-gaap Goodwill
Goodwill
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CY2024Q1 us-gaap Goodwill Acquired During Period
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CY2024Q1 us-gaap Goodwill Written Off Related To Sale Of Business Unit
GoodwillWrittenOffRelatedToSaleOfBusinessUnit
58663000 usd
CY2024Q1 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
3079050000 usd
CY2024Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
1650286000 usd
CY2024Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
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CY2023Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
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CY2023Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
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CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
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CY2024Q1 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
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CY2024Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
1650286000 usd
CY2024Q1 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
1525350000 usd
CY2023Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
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CY2023Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
1616528000 usd
CY2023Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
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CY2024Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
45305000 usd
CY2023Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
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CY2024Q1 us-gaap Restructuring Charges
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CY2023Q1 us-gaap Restructuring Charges
RestructuringCharges
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CY2024Q1 us-gaap Restructuring Charges
RestructuringCharges
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CY2023Q1 us-gaap Restructuring Charges
RestructuringCharges
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CY2024Q1 us-gaap Restructuring Charges
RestructuringCharges
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CY2023Q4 us-gaap Restructuring Reserve
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CY2024Q1 us-gaap Restructuring Charges
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CY2024Q1 us-gaap Restructuring Reserve
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CY2024Q1 us-gaap Short Term Borrowings
ShortTermBorrowings
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CY2023Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
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CY2024Q1 us-gaap Long Term Debt
LongTermDebt
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CY2023Q4 us-gaap Long Term Debt
LongTermDebt
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CY2024Q1 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
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CY2023Q4 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
10900000 usd
CY2024Q1 us-gaap Deferred Finance Costs Ownshare Lending Arrangement Issuance Costs Net
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CY2023Q4 us-gaap Deferred Finance Costs Ownshare Lending Arrangement Issuance Costs Net
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CY2024Q1 dov Debt Instrument Interest Coverage Ratio
DebtInstrumentInterestCoverageRatio
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CY2024Q1 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
160000000 usd
CY2024Q1 dov Translation Adjustment For Net Investment Hedge Increase Decrease
TranslationAdjustmentForNetInvestmentHedgeIncreaseDecrease
18974000 usd
CY2023Q1 dov Translation Adjustment For Net Investment Hedge Increase Decrease
TranslationAdjustmentForNetInvestmentHedgeIncreaseDecrease
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CY2024Q1 us-gaap Derivatives Used In Net Investment Hedge Tax Expense Benefit
DerivativesUsedInNetInvestmentHedgeTaxExpenseBenefit
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CY2023Q1 us-gaap Derivatives Used In Net Investment Hedge Tax Expense Benefit
DerivativesUsedInNetInvestmentHedgeTaxExpenseBenefit
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CY2024Q1 us-gaap Translation Adjustment For Net Investment Hedge Increase Decrease Net Of Tax
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14588000 usd
CY2023Q1 us-gaap Translation Adjustment For Net Investment Hedge Increase Decrease Net Of Tax
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CY2024Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
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CY2023Q1 us-gaap Effective Income Tax Rate Continuing Operations
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CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
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P3Y
CY2024Q1 us-gaap Share Based Compensation
ShareBasedCompensation
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CY2023Q1 us-gaap Share Based Compensation
ShareBasedCompensation
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CY2024Q1 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
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CY2023Q1 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
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1364000 usd
CY2024Q1 us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
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CY2023Q1 us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
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CY2023Q4 us-gaap Standard Product Warranty Accrual
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CY2022Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
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CY2024Q1 us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
21169000 usd
CY2023Q1 us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
16166000 usd
CY2024Q1 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
18425000 usd
CY2023Q1 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
15812000 usd
CY2024Q1 dov Standard Product Warranty Accrual Other Adjustments Increase Decrease
StandardProductWarrantyAccrualOtherAdjustmentsIncreaseDecrease
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CY2023Q1 dov Standard Product Warranty Accrual Other Adjustments Increase Decrease
StandardProductWarrantyAccrualOtherAdjustmentsIncreaseDecrease
311000 usd
CY2024Q1 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
52506000 usd
CY2023Q1 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
49114000 usd
CY2024Q1 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
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CY2024Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2093941000 usd
CY2023Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2079023000 usd
CY2024Q1 us-gaap Business Combination Provisional Information Initial Accounting Incomplete Adjustments Related To Previous Period
BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentsRelatedToPreviousPeriod
45551000 usd
CY2023Q1 us-gaap Business Combination Provisional Information Initial Accounting Incomplete Adjustments Related To Previous Period
BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentsRelatedToPreviousPeriod
42679000 usd
CY2024Q1 us-gaap Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
24684000 usd
CY2023Q1 us-gaap Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
14053000 usd
CY2024Q1 us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
529943000 usd
CY2023Q1 us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
0 usd
CY2024Q1 us-gaap Interest Expense
InterestExpense
36365000 usd
CY2023Q1 us-gaap Interest Expense
InterestExpense
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CY2024Q1 us-gaap Interest Income Other
InterestIncomeOther
4757000 usd
CY2023Q1 us-gaap Interest Income Other
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2091000 usd
CY2024Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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798882000 usd
CY2023Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
286290000 usd
CY2024Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
166661000 usd
CY2023Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
57716000 usd
CY2024Q1 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
632221000 usd
CY2023Q1 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
228574000 usd
CY2024Q1 us-gaap Restructuring Charges
RestructuringCharges
18655000 usd
CY2023Q1 us-gaap Restructuring Charges
RestructuringCharges
12476000 usd
CY2024Q1 us-gaap Other Restructuring Costs
OtherRestructuringCosts
6029000 usd
CY2023Q1 us-gaap Other Restructuring Costs
OtherRestructuringCosts
1577000 usd
CY2024Q1 us-gaap Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
24684000 usd
CY2023Q1 us-gaap Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
14053000 usd
CY2024Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2093941000 usd
CY2023Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
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CY2024Q1 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
CY2024Q1 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
0 shares
CY2023Q1 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
0 shares
CY2024Q1 us-gaap Net Income Loss
NetIncomeLoss
632221000 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
228574000 usd
CY2024Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
4.55
CY2023Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.64
CY2024Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
139051000 shares
CY2023Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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CY2024Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
4.52
CY2023Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.63
CY2024Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
139869000 shares
CY2023Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
140616000 shares
CY2024Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
139051000 shares
CY2023Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
139757000 shares
CY2024Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
818000 shares
CY2023Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
859000 shares
CY2024Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
139869000 shares
CY2023Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
140616000 shares
CY2024Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
107000 shares
CY2023Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
88000 shares
CY2024Q1 us-gaap Supplier Finance Program Obligation
SupplierFinanceProgramObligation
181552000 usd
CY2023Q4 us-gaap Supplier Finance Program Obligation
SupplierFinanceProgramObligation
193600000 usd
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false
CY2024Q1 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2024Q1 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false

Files In Submission

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