2024 Q1 Form 10-K Financial Statement

#000095017024012245 Filed on February 07, 2024

View on sec.gov

Income Statement

Concept 2024 Q1 2023 Q4 2023
Revenue $472.3M $457.5M $1.789B
YoY Change 3.19% 6.54% 13.39%
Cost Of Revenue $354.1M $354.4M $1.356B
YoY Change 7.3% 7.3% 11.08%
Gross Profit $118.2M $103.1M $433.2M
YoY Change -7.44% 4.04% 21.31%
Gross Profit Margin 25.03% 22.54% 24.21%
Selling, General & Admin $49.00M $41.90M $163.8M
YoY Change -3.54% 2.7% 10.68%
% of Gross Profit 41.46% 40.64% 37.81%
Research & Development $15.10M $12.10M $52.70M
YoY Change 8.63% 0.83% 15.07%
% of Gross Profit 12.77% 11.74% 12.17%
Depreciation & Amortization $31.00M $31.60M $124.8M
YoY Change 0.98% 0.96% -1.11%
% of Gross Profit 26.23% 30.65% 28.81%
Operating Expenses $64.10M $55.50M $216.5M
YoY Change -0.93% -5.29% 19.02%
Operating Profit $54.10M $47.60M $215.3M
YoY Change -13.85% 17.53% 22.89%
Interest Expense -$6.500M -$7.600M $34.00M
YoY Change -169.15% -17.39% -193.92%
% of Operating Profit -12.01% -15.97% 15.79%
Other Income/Expense, Net -$71.60M -$71.60M
YoY Change -781.9% -762.96%
Pretax Income $46.40M -$31.60M $128.5M
YoY Change -13.11% -175.6% -14.22%
Income Tax $9.900M -$10.40M $12.10M
% Of Pretax Income 21.34% 9.42%
Net Earnings $36.50M -$18.20M $105.7M
YoY Change -14.52% -149.19% -16.31%
Net Earnings / Revenue 7.73% -3.98% 5.91%
Basic Earnings Per Share
Diluted Earnings Per Share $0.43 -$0.22 $1.24
COMMON SHARES
Basic Shares Outstanding 84.39M 84.11M 84.60M
Diluted Shares Outstanding 84.80M 85.50M

Balance Sheet

Concept 2024 Q1 2023 Q4 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $85.90M $227.0M $227.0M
YoY Change -18.73% 102.68% 102.68%
Cash & Equivalents $85.90M $227.0M $227.0M
Short-Term Investments
Other Short-Term Assets $47.80M $43.00M $43.00M
YoY Change -10.99% -11.16% -11.16%
Inventory $353.8M $334.4M $334.4M
Prepaid Expenses
Receivables $302.2M $234.7M $259.8M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $789.7M $864.2M $864.2M
YoY Change -2.25% 17.67% 17.67%
LONG-TERM ASSETS
Property, Plant & Equipment $1.658B $1.679B $1.679B
YoY Change 0.45% 1.26% 1.26%
Goodwill $187.8M $188.7M
YoY Change 0.05% 0.91%
Intangibles $60.90M
YoY Change -9.78%
Long-Term Investments $5.000M $5.000M $5.000M
YoY Change -90.51% -89.5% -89.5%
Other Assets $119.6M $119.3M $119.3M
YoY Change -15.06% -15.69% -15.69%
Total Long-Term Assets $2.032B $2.054B $2.054B
YoY Change -3.23% -2.31% -2.31%
TOTAL ASSETS
Total Short-Term Assets $789.7M $864.2M $864.2M
Total Long-Term Assets $2.032B $2.054B $2.054B
Total Assets $2.821B $2.919B $2.919B
YoY Change -2.96% 2.86% 2.86%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $128.1M $159.1M $159.1M
YoY Change 5.0% 2.32% 2.32%
Accrued Expenses $155.9M $75.00M $156.7M
YoY Change 69.64% -56.92% -9.99%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $100.0K $100.0K $100.0K
YoY Change -50.0% -50.0% -50.0%
Total Short-Term Liabilities $288.6M $315.9M $315.9M
YoY Change -0.52% -4.21% -4.21%
LONG-TERM LIABILITIES
Long-Term Debt $714.6M $699.4M $699.4M
YoY Change -7.01% -3.3% -3.3%
Other Long-Term Liabilities $77.50M $33.50M $186.7M
YoY Change 32.93% -85.43% -18.83%
Total Long-Term Liabilities $792.1M $732.9M $886.1M
YoY Change -4.2% -23.12% -7.05%
TOTAL LIABILITIES
Total Short-Term Liabilities $288.6M $315.9M $315.9M
Total Long-Term Liabilities $792.1M $732.9M $886.1M
Total Liabilities $1.189B $1.202B $1.202B
YoY Change -7.47% -6.32% -6.32%
SHAREHOLDERS EQUITY
Retained Earnings $2.193B $2.169B
YoY Change 2.59% 3.03%
Common Stock $955.7M $937.9M
YoY Change 3.67% 3.51%
Preferred Stock
YoY Change
Treasury Stock (at cost) $1.427B $1.316B
YoY Change 11.08% 2.62%
Treasury Stock Shares
Shareholders Equity $1.632B $1.717B $1.717B
YoY Change
Total Liabilities & Shareholders Equity $2.821B $2.919B $2.919B
YoY Change -2.96% 2.86% 2.86%

Cashflow Statement

Concept 2024 Q1 2023 Q4 2023
OPERATING ACTIVITIES
Net Income $36.50M -$18.20M $105.7M
YoY Change -14.52% -149.19% -16.31%
Depreciation, Depletion And Amortization $31.00M $31.60M $124.8M
YoY Change 0.98% 0.96% -1.11%
Cash From Operating Activities -$7.000M $159.0M $257.1M
YoY Change -70.09% 36.25% 48.53%
INVESTING ACTIVITIES
Capital Expenditures $28.70M $13.80M $108.2M
YoY Change 58.56% -176.67% -241.81%
Acquisitions
YoY Change
Other Investing Activities $44.70M $57.50M
YoY Change 164.98%
Cash From Investing Activities -$28.70M $30.90M -$50.70M
YoY Change 58.56% -271.67% -7.14%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $30.10M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -104.3M -62.90M -92.60M
YoY Change -399.71% -22.73% -28.77%
NET CHANGE
Cash From Operating Activities -7.000M 159.0M 257.1M
Cash From Investing Activities -28.70M 30.90M -50.70M
Cash From Financing Activities -104.3M -62.90M -92.60M
Net Change In Cash -140.0M 127.0M 115.0M
YoY Change 2122.22% 634.1% -1100.0%
FREE CASH FLOW
Cash From Operating Activities -$7.000M $159.0M $257.1M
Capital Expenditures $28.70M $13.80M $108.2M
Free Cash Flow -$35.70M $145.2M $148.9M
YoY Change -13.98% 7.8% -40.3%

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CY2021 hxl Income Loss From Continuing Operations Before Income Loss From Equity Method Investments
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CY2022 us-gaap Income Loss From Equity Method Investments
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CY2021 us-gaap Income Loss From Equity Method Investments
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CY2023 us-gaap Net Income Loss Available To Common Stockholders Basic
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CY2022 us-gaap Net Income Loss Available To Common Stockholders Basic
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CY2021 us-gaap Net Income Loss Available To Common Stockholders Basic
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CY2023 us-gaap Income Loss From Continuing Operations Per Basic Share
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CY2022 us-gaap Income Loss From Continuing Operations Per Basic Share
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CY2021 us-gaap Income Loss From Continuing Operations Per Basic Share
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CY2023 us-gaap Income Loss From Continuing Operations Per Diluted Share
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CY2022 us-gaap Income Loss From Continuing Operations Per Diluted Share
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CY2021 us-gaap Income Loss From Continuing Operations Per Diluted Share
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CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2023 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2023 us-gaap Net Income Loss Available To Common Stockholders Basic
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CY2022 us-gaap Net Income Loss Available To Common Stockholders Basic
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CY2021 us-gaap Net Income Loss Available To Common Stockholders Basic
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CY2022 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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CY2021 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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CY2023 us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
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CY2022 us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
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CY2021 us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
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CY2023 us-gaap Share Based Compensation
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CY2021 us-gaap Share Based Compensation
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CY2022 hxl Pension Settlement
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CY2021 hxl Pension Settlement
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CY2023 us-gaap Gain Loss On Disposition Of Assets1
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CY2022 us-gaap Gain Loss On Disposition Of Assets1
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CY2021 us-gaap Gain Loss On Disposition Of Assets1
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CY2022 us-gaap Impairment Charge On Reclassified Assets
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CY2021 us-gaap Impairment Charge On Reclassified Assets
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CY2022 us-gaap Gain Loss On Sale Of Investments
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CY2021 us-gaap Gain Loss On Sale Of Investments
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CY2022 us-gaap Increase Decrease In Accounts Receivable
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CY2023 us-gaap Increase Decrease In Inventories
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CY2022 us-gaap Increase Decrease In Inventories
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CY2021 us-gaap Increase Decrease In Inventories
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CY2023 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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CY2022 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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CY2021 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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CY2023 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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CY2022 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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CY2021 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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CY2023 us-gaap Increase Decrease In Other Operating Capital Net
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CY2022 us-gaap Increase Decrease In Other Operating Capital Net
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CY2021 us-gaap Increase Decrease In Other Operating Capital Net
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CY2023 us-gaap Net Cash Provided By Used In Operating Activities
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CY2022 us-gaap Net Cash Provided By Used In Operating Activities
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CY2021 us-gaap Net Cash Provided By Used In Operating Activities
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CY2022 us-gaap Payments To Acquire Property Plant And Equipment
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CY2021 us-gaap Payments To Acquire Property Plant And Equipment
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CY2023 hxl Proceeds From Sale Of Asset
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CY2022 hxl Proceeds From Sale Of Asset
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CY2021 hxl Proceeds From Sale Of Asset
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CY2023 hxl Proceeds From Sale Of Investments
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CY2022 hxl Proceeds From Sale Of Investments
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CY2021 hxl Proceeds From Sale Of Investments
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CY2022 us-gaap Net Cash Provided By Used In Investing Activities
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CY2021 us-gaap Net Cash Provided By Used In Investing Activities
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CY2023 hxl Repayment Of Finance Lease Obligation And Other Debt Net
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CY2022 hxl Repayment Of Finance Lease Obligation And Other Debt Net
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CY2021 hxl Repayment Of Finance Lease Obligation And Other Debt Net
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CY2021 us-gaap Payments Of Dividends Common Stock
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CY2022 hxl Proceeds From Payments To Stock Plans
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CY2021 hxl Proceeds From Payments To Stock Plans
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CY2022 us-gaap Net Cash Provided By Used In Financing Activities
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CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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CY2023 us-gaap Interest Paid Net
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CY2021 us-gaap Interest Paid Net
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CY2022 us-gaap Income Taxes Paid Net
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CY2021 us-gaap Income Taxes Paid Net
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CY2023 hxl Net Impact Of Capital Expenditure Payments And Accrued Payables
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CY2022 hxl Net Impact Of Capital Expenditure Payments And Accrued Payables
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CY2021 hxl Net Impact Of Capital Expenditure Payments And Accrued Payables
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CY2023 hxl Carryingvalueheldforsold
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CY2023 hxl Net Proceeds Received From Joint Venture
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CY2023Q4 hxl Carrying Value Asset Held For Sale
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CY2023 us-gaap Gain Loss On Disposition Of Assets1
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CY2023 us-gaap Use Of Estimates
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<p style="font-size:10pt;margin-top:18pt;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;font-style:italic;min-width:fit-content;">Use of Estimates</span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;font-style:italic;min-width:fit-content;"> </span></p><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">Preparation of the accompanying consolidated financial statements and related disclosures in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.</span>
CY2023 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p style="font-size:10pt;margin-top:18pt;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;font-style:italic;min-width:fit-content;">Concentration of Credit Risk</span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;font-style:italic;min-width:fit-content;"> </span></p><p style="text-indent:3.333%;font-size:10pt;margin-top:6pt;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">Financial instruments that potentially subject us to significant concentrations of credit risk consist primarily of trade accounts receivable. </span><span style="font-size:10pt;font-family:Times New Roman;color:#000000;white-space:pre-wrap;min-width:fit-content;">Two</span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;"> customers and their related subcontractors accounted for approximately </span><span style="font-size:10pt;font-family:Times New Roman;color:#000000;white-space:pre-wrap;min-width:fit-content;">54</span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">% of our annual net sales in 2023, </span><span style="font-size:10pt;font-family:Times New Roman;color:#000000;white-space:pre-wrap;min-width:fit-content;">51</span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">% in </span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">2022 and </span><span style="font-size:10pt;font-family:Times New Roman;color:#000000;white-space:pre-wrap;min-width:fit-content;">49</span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">% in 2021. Refer to Note 18</span><span style="color:#ff0000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;"> </span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">for further information on significant customers. We perform ongoing credit evaluations of our customers’ financial condition but generally do not require collateral or other security to support customer receivables. We establish an allowance for doubtful accounts based on factors surrounding the credit risk of specific customers, historical trends, and other financial information.</span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;"> </span></p>
CY2023 hxl Recently Issued Accounting Standards
RecentlyIssuedAccountingStandards
<p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;font-style:italic;min-width:fit-content;">Recently Issued Accounting Standards</span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;font-style:italic;min-width:fit-content;"> </span></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;"> </span></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;"> In October 2023, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2023-06</span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;font-style:italic;min-width:fit-content;">, Disclosure Improvements – Codification Amendments in Response to the SEC’s Disclosure Update and Simplification Initiative</span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">, which amends the disclosure or presentation requirements of a variety of Topics in the Codification to align with the SEC’s regulations. The effective date for each amendment will be the date on which the SEC’s removal of that related disclosure from Regulation S-X or Regulation S-K becomes effective, with early adoption prohibited. We do not expect this new standard to have a significant impact to our disclosures.</span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;"> </span></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;"> </span></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;"> In November 2023, the FASB issued ASU No. 2023-07</span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;font-style:italic;min-width:fit-content;">, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures</span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">, which amends the reportable segment disclosure requirements, primarily through enhanced disclosures about significant segment expenses. This standard is effective for fiscal years beginning after December 15, 2023, and interim periods within fiscal years beginning after December 15, 2024. We do not expect this new standard to have a significant impact to our disclosures.</span></p><p style="font-size:10pt;margin-top:0;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;"> </span></p><span style="font-size:11pt;font-family:'Calibri',sans-serif;"><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;"> In December 2023, the FASB issued ASU No. 2023-09</span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;font-style:italic;min-width:fit-content;">, Income Taxes (Topic 240)</span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">, which modifies the rules on income tax disclosures to require entities to disclose</span><span style="color:#000000;white-space:pre-wrap;font-size:11pt;font-family:'Calibri',sans-serif;min-width:fit-content;"> </span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">(1) specific categories in the rate reconciliation, (2) the income or loss from continuing operations before income tax expense or benefit disaggregated between domestic and foreign and (3) income tax expense or benefit from continuing operations disaggregated by Federal, state, and foreign. The update also requires entities to disclose their income tax payments to various jurisdictions. This standard is effective for fiscal years beginning after December 15, 2024, and interim periods within fiscal years beginning after December 15, 2025. We do not expect this new standard to have a significant impact to our disclosures</span></span>
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CY2022Q4 us-gaap Accrual For Environmental Loss Contingencies
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800000
CY2021Q4 us-gaap Accrual For Environmental Loss Contingencies
AccrualForEnvironmentalLossContingencies
2100000
CY2023Q4 us-gaap Accrual For Environmental Loss Contingencies
AccrualForEnvironmentalLossContingencies
700000
CY2022Q4 us-gaap Accrual For Environmental Loss Contingencies
AccrualForEnvironmentalLossContingencies
800000
CY2021 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-18200000
CY2020Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
2600000
CY2021 hxl Standard Product Warranty Expense Benefit
StandardProductWarrantyExpenseBenefit
2000000
CY2021 hxl Standard Product Warranty Accrual Period Decrease Excluding Warranties Issued
StandardProductWarrantyAccrualPeriodDecreaseExcludingWarrantiesIssued
2100000
CY2021Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
2500000
CY2022 hxl Standard Product Warranty Expense Benefit
StandardProductWarrantyExpenseBenefit
3300000
CY2022 hxl Standard Product Warranty Accrual Period Decrease Excluding Warranties Issued
StandardProductWarrantyAccrualPeriodDecreaseExcludingWarrantiesIssued
2700000
CY2022Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
3100000
CY2023 hxl Standard Product Warranty Expense Benefit
StandardProductWarrantyExpenseBenefit
3300000
CY2023 hxl Standard Product Warranty Accrual Period Decrease Excluding Warranties Issued
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CY2023Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
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CY2023Q4 us-gaap Purchase Obligation Due In Second Year
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CY2023Q4 us-gaap Purchase Obligation Due In Third Year
PurchaseObligationDueInThirdYear
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CY2023Q4 us-gaap Purchase Obligation Due In Fourth Year
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CY2023Q4 us-gaap Purchase Obligation Due In Fifth Year
PurchaseObligationDueInFifthYear
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CY2023Q4 us-gaap Purchase Obligation Due After Fifth Year
PurchaseObligationDueAfterFifthYear
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CY2023 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2
CY2023 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
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CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1577700000
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1324700000
CY2023 us-gaap Operating Income Loss
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215300000
CY2022 us-gaap Operating Income Loss
OperatingIncomeLoss
175200000
CY2021 us-gaap Operating Income Loss
OperatingIncomeLoss
51800000
CY2023 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
124800000
CY2022 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
126200000
CY2021 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
138000000
CY2023 hxl Income Loss From Equity Method Investments And Gain Loss On Sale Of Investments
IncomeLossFromEquityMethodInvestmentsAndGainLossOnSaleOfInvestments
8100000
CY2022 hxl Income Loss From Equity Method Investments And Gain Loss On Sale Of Investments
IncomeLossFromEquityMethodInvestmentsAndGainLossOnSaleOfInvestments
8100000
CY2023 us-gaap Other Operating Income Expense Net
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-1400000
CY2022 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
11900000
CY2023Q4 us-gaap Assets
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2918500000
CY2022Q4 us-gaap Assets
Assets
2837300000
CY2021Q4 us-gaap Assets
Assets
2819400000
CY2023Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
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5000000
CY2022Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
47600000
CY2021Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
44600000
CY2023 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
121600000
CY2022 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
69800000
CY2021 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
41400000
CY2023 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1789000000
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1577700000
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1324700000
CY2023 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1789000000
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1577700000
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1324700000
CY2023Q4 us-gaap Noncurrent Assets
NoncurrentAssets
1959300000
CY2022Q4 us-gaap Noncurrent Assets
NoncurrentAssets
1963500000
CY2021Q4 us-gaap Noncurrent Assets
NoncurrentAssets
2064300000
CY2023 hxl Number Of Counterparties That Are Highly Rated Financial Institutions Which Experienced Significant Downgrades
NumberOfCounterpartiesThatAreHighlyRatedFinancialInstitutionsWhichExperiencedSignificantDowngrades
0

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